PANews reported on February 13th that YOAKE, a Web3 entertainment ecosystem project, announced an additional investment of approximately $3.2 million from Sony Innovation Fund. This investment will accelerate the expansion of on-chain entertainment scenarios on Sony's Soneium blockchain network. The company is developing an "IRC APP" based on Soneium, using $REC tokens to record and reward fan support activities, forming a transferable value system. YOAKE plans to upgrade this mechanism into infrastructure serving various IPs including music, film, games, and animation, and will use Japanese "oshikatsu" (fan support culture) as an entry point to promote related products and gameplay overseas, connecting global fan communities and content providers.
YOAKE has raised approximately $4.45 million in total funding to date, including $1.25 million in the Extended Seed round completed in April 2025 .



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more