SEA Digest: Cake DeFi sets up $50m R&D hub; WHA Corp backs grocery app MungMee

SEA Digest: Cake DeFi sets up $50m R&D hub; WHA Corp backs grocery app MungMee

Singapore-based Cake DeFi has deployed $50 million into an R&D hub for digital asset and blockchain product development. Meanwhile, Thai grocery app MungMee has received a second seed funding from local logistics developer WHA Corporation.