#22 The Block Newsletter

Get the latest scoop on blockchain news in the ever-evolving tech world. Head over to The Block for more blockchain and crypto news. Subscribe today!

Donald Trump’s memecoin spikes ahead of inauguration

Amid the furore around TikTok that’s dominated headlines around the world in the last few days, you have missed the launch of a new memecoin. Announced on Donald Trump’s Truth Social late Friday, $TRUMP is described as a coin that celebrates the Republican’s presidential election win. Find out more.

Malaysia eyes blockchain innovation, taking notes from the UAE

Malaysia seems to be taking inspiration from the UAE’s blockchain success, signalling its intent to join the digital finance revolution. Find out more.

UAE’s Sigma Capital backs Web3 growth with $100 million fund

Sigma Capital, a well-known name in Web3 early-stage venture investments, has introduced a $100 million fund, Sigma Capital Fund I, to drive Web3 innovation in the Middle East. Find out more.

Movement Labs eyes $3bn valuation amid fresh funding efforts

Movement Labs is making waves in the blockchain world again, planning to raise fresh capital in a funding round that could bring in $100m and value the company at a hefty $3bn. Find out more.