Sanjeev Rao and Babak Rafat
Antler Australia

Antler Investor Memo Series: Blockchain payments gateway Syrax is rewriting the rules for merchants using crypto

- May 12, 2023 3 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick,  sharp understanding of the startups and people… Read more »

Business strategy

Why blockchain and distributed ledger tech was the right move for the ASX’s failed CHESS replacement plan

- January 23, 2023 2 MIN READ

Ignore the sceptics and naysayers. The ASX’s attempt to replace its ageing Clearing House Electronic Sub-Register System – better known as CHESS – was the right move, despite ending up where it did.  ASX spent vast sums of money attempting to replace CHESS with a complex mix of technologies, including a version of blockchain called… Read more »


Blockchain Australia’s new CEO, Laura Mercurio, has left after just 3 months

- December 14, 2022 2 MIN READ

Blockchain Australia’s new CEO, Laura Mercurio, has left the member organisation after just three months after taking on the role An experienced investment banker whose CV includes global investment banks, including BlackRock, Merrill Lynch, Deutsche Bank), fintech’s and various government and regulatory bodies, took over from Steve Vallas in mid September. Blockchain Australia is the… Read more »


Blockchain fintech Ettle launches an AUD stablecoin for companies

- November 29, 2022 2 MIN READ

Australian blockchain fintech Ettle is hoping to introduce an Australian dollar stablecoin for business in 2023 in defiance of a jittery market following torrid year for the cryptocurrency space. The startup has just completed a pilot transaction between business clients on its stablecoin infrastructure platform using the digital Australian dollar token AUDE. Reserve funds are… Read more »


RBA and ASIC rip into the ASX after dumping its $250 million blockchain experiment

- November 22, 2022 3 MIN READ

The Australian Stock Exchange has pulled the pin on its much-vaunted blockchain project after seven years of work and at a loss of about $250 million. The ASX has been working with tech firm Digital Asset (DA) to develop a replacement for its Clearing House Electronic Subregister System (CHESS) based on distributed ledger technology since the… Read more »

Steve Vallas

Former Blockchain Australia boss Steve Vallas signs on as advisor to new impact startup ecosystem

- October 25, 2022 2 MIN READ

New innovation and investment firm, Skafold signed on former Blockchain Australia CEO Steve Vallas as its new senior technology advisor. The role is responsible for exploring and advising all Skafold activities related to blockchain, digital currencies, digital regulation and technology more broadly. Skafold’s diverse innovation and investment ecosystem works closely with innovators and entrepreneurs to… Read more »

Startup Daily TV

Startup Daily TV: FlyBuys boss John Merakovsky brings brand loyalty power to supply chain integrity startup Orijin Plus as its new chair

- August 26, 2022 3 MIN READ

Former FlyBuys CEO John Merakovsky is one of three tech heavyweights to join the food supply chain integrity and loyalty solution Orijin Plus.  Melbourne-based Merakovsky is the new chair of the Orijin Plus board, bringing a quarter century of digital technology and commercialisation experience to the team.  Most recently, he implemented a digital infrastructure overhaul… Read more »


Telstra Ventures took a deep dive into blockchain and despite the crypto winter, is upbeat on web3

- August 5, 2022 3 MIN READ

Telstra’s VC arm, Telstra Ventures, has taken a deep dive into web3 and blockchain world amid the crypto crash that’s wiped $1.3 trillion in value from investors, with the market down 60% since January, to see who’s survived and thrived. The 12-page report, titled Blockchain Open-Source Developers Signal Strength of Web3 Community, shows that web3-developer… Read more »


High-net worth investors in the Asia-Pacific aren’t that into cryptocurrencies

- July 29, 2022 2 MIN READ

Cryptocurrencies account for less than 1% of the investment portfolio of high-net worth (HNW) people in Asia-Pacific, despite considerable holdings in alternative assets.  New figures from data and analytics company GlobalData found that alt investments account for 12% of the average HNW APAC investor’s portfolio, but after interest in crypto peaked in 2020, they offloaded… Read more »


Crypto exchange Cointree hands Jess Renden CEO role

- July 21, 2022 2 MIN READ

Local fintech Cointree has found its new CEO internally, handing the role to Jess Renden at the crypto exchange heads towards 10 years in business. Renden signed on with Cointree five years ago after a career at software firm BGL. She takes over from founder Shane Stevenson after eight years heading up the company he… Read more »

money plant grow

Asset manager Victor Smorgon just bought carbon credits using ANZ’s stablecoin

- June 28, 2022 2 MIN READ

Melbourne family investment firm Victor Smorgon Group (VSG) has pioneered another digital transaction using the ANZ bank’s stablecoin, A$DC, this time buying carbon credits. VSG used A$DC to purchase the BCAU carbon tokens from Zerocap, an Australian crypto asset investment platform, via BetaCarbon, which tokenises Australian Carbon Credit Units (ACCUs) into digital tokens, with each representing… Read more »

Ben Wylie
Other tech

Two ex-Deloitte partners are rewriting the rules for backing web3 and blockchain projects

- June 17, 2022 2 MIN READ

Sixtree founders Ben Wylie and Yamen Sader have left their roles at big four consultancy firm Deloitte Australia to launch their own “engineering for equity” startup, Lab Eleven.  It marks a full-time return to entrepreneurship for the duo six years after Sixtree, a software engineering shop, was absorbed by Deloitte in 2016, and they took… Read more »