Xangle’s US$3M funding
The story: CrossAngle, operator of the global crypto asset disclosure platform Xangle, announced that it has successfully completed its Series A2 investment round led by Hanwha Investment & Securities, a subsidiary of South Korean conglomerate Hanwha Group.
What is Xangle: Xangle is a public crypto disclosure service focused on providing transparent data for cryptocurrencies like Bitcoin.
In order to provide its disclosure service, Xangle collects, verifies and integrates corporate disclosures from global projects and companies that have issued crypto assets. The platform provides the public access to both off-chain corporate disclosures and on-chain metrics and analytics.
Plans with the capital: The Series A2 investment is expected to enable it to develop an infrastructure for institutionalising crypto data services.
Uber gets new India, South Asia president
The story: The ride-hailing giant has appointed Prabhjeet Singh as the new president of its India and South Asia business. He replaces Pradeep Parameswaran, who was promoted to be the regional General Manager in the Asia Pacific region.
What is his role: Singh, who joined the ride-hailing firm five years ago, has helped Uber manage operations in dozens of cities in India and South Asia in recent years. His new job is to oversee the next phase of growth in what Uber sees as one of its “fastest growing and most strategic markets.”
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