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NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank
21.9.2021
On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare...
Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio
21.9.2021
Sorare attained a $4.3 billion valuation with a Series B funding round led by the Tokyo-based holding company
Softbank Invests In Bullish, Bank Of America & Bitcoin Futures + More News
16.7.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Investments news
SB Northstar, a unit of SoftBank Group, agreed to invest USD 75m in Bullish, the sponsor of a not-yet-operational crypto...
Softbank leads $800M investment for banking app Revolut
15.7.2021
Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely
Fantasy soccer NFT platform Sorare reportedly closing in on $532M in funding
15.7.2021
Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion
Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
2.7.2021
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that...
Latin America’s Mercado Bitcoin exchange raises $200M from SoftBank
1.7.2021
2TM GRoup, the company behind Mercado Bitcoin, is now valued at $2.1 billion. It's the second crypto exchange in Latin America to eclipse the $1 billion valuation mark
Softbank Aids Atom Finance Raise $28M for Its Brazil Ops
24.6.2021
Latin American SoftBank invests in Atom Finance, an online investment platform, by raising $28 million on Wednesday, June 23, 2021, via its Series B funding or Latin America Fund 9984.T. The purpose of this investment is for expanding the latter’s investor base and establishing its Miami office...
SoftBank Is Making Multiple Crypto Moves this Month
20.5.2021
The Japanese tech incubator giant SoftBank has had an active May so far, making a series of low-key investments in a number of crypto, non-fungible token (NFT) and decentralized finance (DeFi) projects.
In a recent report, the Japanese media outlet Coin Post charted SoftBank’s investment movements...
SoftBank founder hesitant on Bitcoin but says it ‘can’t be ignored’
13.5.2021
SoftBank’s Masayoshi Son compares the popularity of Bitcoin to diamonds and bonds, but he still remains unsure about it
Softbank-Backed Wework Adopts Crypto as Form of Payment and Holds in Balance Sheet
21.4.2021
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework...
Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal
16.3.2021
The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp...
Japanese telecoms giant Softbank Corp joins crypto regulatory group JSTA
6.1.2021
Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association
Nvidia Posts Record Q3 Earnings, Sales of GPUs to Crypto Miners Reach $175 Million
21.11.2020
Nvidia released its earnings for the third fiscal quarter of 2021 this week, showing better-than-expected results, driven by sales of its graphics processing unit (GPU) chips. The firm reported graphics segment revenue of $2.79 billion for the quarter, beating analyst estimates of $2.1 billion....
SoftBank Boss Glad to Be out of Bitcoin, But His Firm Is Still in the Game
20.11.2020
Softbank CEO Masayoshi Son. Source: A video screenshot, Youtube/David Rubenstein
The CEO of SoftBank – one of Japan’s biggest conglomerates, and a firm with multiple crypto interests – said he took a multi-million USD loss by selling his bitcoin (BTC) holdings in 2018 because he “didn’t understand”...
Crypto will be useful but Bitcoin is hard to understand, says SoftBank CEO
20.11.2020
Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.”
GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion
18.9.2020
California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination...
[aktualita] Nvidia by chtěla od SoftBank koupit ARM
23.7.2020
Japonský konglomerát SoftBank Group se chce zbavit části, nebo dokonce celého svého podílu ve společnosti ARM Holdings, zájem o akvizici nečekaně projevila Nvidia. Informovala o tom agentura Bloomberg. Agentura se odvolává na anonymní insiderský zdroj a naznačuje, že ve hře mohou být i další...
Softbank zvažuje, jak naložit s Armem. Ve hře je i prodej společnosti
14.7.2020
Armu jsou teď plné noviny. Minulý měsíc totiž superpočítač Fukagu postavený na této platformě dobyl světový žebříček TOP500. Apple ve stejné době oznámil, že do dvou let poběží všechny jeho Macy na Armu. Samotnou britskou společnost Arm, která stejnojmenné architektury či rovnou samotné čipy
SoftBank Loses Alibaba’s Jack Ma and Posts Worst Losses in History
18.5.2020
Founder of e-commerce giant Alibaba is stepping down from SoftBank’s board as the firm posts the worst losses in its history