Circle buys VC-backed Taiwan crypto infrastructure platform

Circle buys VC-backed Taiwan crypto infrastructure platform Cybavo, a Taiwan-based crypto technology player that provides platforms for digital asset custody and blockchain application development, has agreed to be acquired by US digital currency specialist Circle for an undisclosed sum. The company received USD 4m in pre-Series A funding in August 2021 led by 500 Global, H&D Asset Management, and New Economy Ventures, according to AVCJ Research. Additional commitments came from individual… Latest News [Monad targets up to $150m for second China software fund] Monad Ventures, a China-based VC firm specialising in early-stage enterprise software investments, is looking to raise up…