Magic raises $52m in strategic funding round

Magic, a wallet-as-a-service (WaaS) provider, has raised $52m (£42m/€49m) in a strategic funding round led by PayPal Ventures, with participation from Cherubic, Synchrony, KX, Northzone, and Volt Capital. The latest round brings the total raised to over $80m. Magic works with companies that are looking for a way to incorporate Web3 into their offerings. Magic …

Tixngo to be utilised by Wembley Stadium 

Wembley Stadium has announced a partnership with blockchain mobile ticketing solution, Tixngo. Starting this summer, the 90,000-capacity stadium will deliver digital tickets through a new Wembley-branded wallet, which will be powered by Secutix solution Tixngo. The London stadium will launch the solution for Ed Sheeran’s five nights at Wembley, with the British artist’s shows beginning  …

Apple customers used 30 million NFC tickets in 2021

Technology giant Apple has detailed how 30 million NFC (near field communication) tickets were presented by customers for live events and tourist attractions last year in the US and Canada alone, through the company’s Wallet app. The Wallet app is a secure digital wallet where users can keep digital credit and debit cards, boarding passes …

YellowHeart launches NFT ticketing mobile app

YellowHeart, an NFT (non-fungible token) ticketing and blockchain collectibles marketplace, has launched its own NFT ticketing mobile app, YellowHeart Wallet.  Users will be connected to YellowHeart’s Web3 Ethereum-based NFT ticketing platform and marketplace. Ethereum is a decentralised, open-source blockchain and powers the cryptocurrency Ether, which is the second most popular cryptocurrency behind Bitcoin.  The Wallet …