Flipkart, the leading e-commerce company in India, is set to launch its own Web3 Loyalty platform called FireDrops. The platform will allow users to earn rewards from top brands on the blockchain. This move has the potential to onboard many new users into Web3 and is another win for Polygon, as Flipkart joins the growing list of major brands using Polygon's solutions. Additionally, there are positive developments in the crypto and banking sectors, including BlackRock's plans to file for a Bitcoin ETF and Hong Kong regulators encouraging banks to embrace cryptocurrencies. In other news, several startups have secured funding rounds, including Poko, Bit2Me, Mnemonic, and TaxNodes.

⚡ Flipkart's Web3 Loyalty Platform Launch, Crypto Banking News, DeFi Analytics Tooling, and More!