Nigerian startups raised $130 million, Kratos Gaming expanded to MENA, Soneium reduced transaction time

Over 80 Nigerian Web3 startups have raised a total of $130 million, with $20 million secured in 2024, as stablecoin transfers in Nigeria approached $3 billion in Q1 2024, highlighting the country’s growing role in the global Web3 economy. (📰Dabafinance)
Kratos Gaming Network (KGeN) has expanded into the MENA region by opening a headquarters in Bahrain, aiming to bridge gaming and web3 sectors while forming partnerships in the local ICT industry. (📰BlockchainGamerBiz)
Soneium, a Layer-2 solution by Sony, has reduced transaction finality time from 15 minutes to under 10 seconds through a partnership with AltLayer and EigenLayer, enhancing security and enabling real-time DeFi applications. (📰Crypto Economy)