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Publicly-backed XREX raises $17M to solve dollar liquidity issues through blockchain
23.8.2021
Blockchain technology is being posited as a potential solution to U.S. dollar liquidity issues in emerging markets
Integrated DeFi Hub OpenSwap Raises 1.5M USD in Latest Funding Round
23.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Hong Kong, Hong Kong, 23rd August, 2021,
OpenSwap, the interchain DeFi Hub and liquidity booster for traders, has raised $1.5 million in its latest funding round.
Led by prominent VC firms NGC Ventures...
Digital payment ecosystem MobileCoin raises $66M
18.8.2021
Venture capital continues to back promising blockchain and crypto plays. Some of the industry’s biggest investors participated in MobileCoin’s Series B
Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’
18.8.2021
Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall...
TIME Partners With Cool Cats NFT Project, Business Magazine Fortune’s NFT Sale Raises $1.3M
15.8.2021
Two of the largest American news magazines, Fortune and TIME, have jumped headfirst into the non-fungible token (NFT) ecosystem in recent times. The New York-based multinational business magazine Fortune raised $1.3 million selling its first NFT collection this week. Furthermore, after selling...
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Crypto tax startup TaxBit raises $130M in funding round, now valued at $1.3B
12.8.2021
The company said some of the funds would be used to open new offices in the United States and the United Kingdom
ReSource Finance Raises 1.7M USD Offering Undercollateralized Credit
12.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
San Francisco, United States, 12th August, 2021,
Decentralized credit protocol, ReSource Finance completed a 1.7 million USD funding round led by Future Perfect Ventures, NGC Ventures, and ExNetwork to enhance...
5G blockchain company raises $111M in Andreessen-led token sale
10.8.2021
Andreessen Horowitz is behind yet another major blockchain funding round. This time, Helium Inc. has raised significant capital to expand its decentralized 5G network
Indonesian crypto exchange Pintu raises $35M in Series A
9.8.2021
Pintu’s backers believe the exchange has the potential to become one of crypto’s leading brands in Indonesia and Southeast Asia more broadly
Uncollateralized Lending Platform Truefi Raises $12.5 Million From A16z, Alameda and Blocktower
7.8.2021
Truefi, an uncollateralized loan platform, has raised $12.5 million from three important investors. The token sale was led by Blocktower, a New York-based cryptocurrency investment firm. Other important investors were Alameda Research — owned by Sam Bankman-Fried, founder of FTX —...
Demand for Crypto Analytics Continues as Messari Raises $21 Million
6.8.2021
The crypto analytics and market intelligence company Messari revealed on Thursday the firm has raised $21 million in a Series A financing round. The funds will be used to expand Messari’s product suites and it aims to “triple the size of its engineering and research teams.” Crypto...
Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns
2.8.2021
Matrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over...
Former Bitmain CEO Jihan Wu raises fresh capital for new crypto unicorn
2.8.2021
Matrixport, a part of Jihan Wu's Bitmain exit strategy, is now valued at over $1 billion in just 2 years
US Digital Asset Bill 'Fairly Measured' But Raises Civil Rights Concerns - Attorney
30.7.2021
The 'Digital Asset Market Structure and Investor Protection Act,' introduced by US Representative Don Beyer, is "unsurprising and fairly measured," but in some key places, "its overbreadth or ambiguities raise civil rights and other issues," according to Gabriel Shapiro...
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
29.7.2021
Robinhood, the fee-free cryptocurrency, stock, and options exchange, raised almost $2 billion in its initial public offering, reaching a valuation of $32 billion. While the company is more valuable than Nasdaq itself, the IPO failed to give the company an expected valuation of $35 billion....
Bitcoin Rewards Firm Lolli Raises $10M in Funding Led by Acrew Capital, Social Media Moguls
29.7.2021
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from...
Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens
29.7.2021
Saber has raised $7.7 million in a seeding fund round, and is rated as the second platform on Solana in terms of total locked value (TVL) with $185.77 million
Genesis Digital Assets raises $125M as mining sector pivots to the west
29.7.2021
Genesis plans to more than triple its hashing capacity from 2.6 EH/s to 8.1 EH/s
Iran Raises Alarm Over Potential Influx of Miners From China
28.7.2021
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power utility has expressed concerns over a possible...