Cryptocurrency Analysis and News Portal
A South Africa and London-based fintech startup, JUMO, recently revealed it has raised $120 million in a funding round led by Fidelity Management & Research Company. AI-Powered Financial Services According to a report by Techcrunch, financial services giant Visa and Kingsway Capital also participated in the funding round, which now sees
Read More
Mythical Games, a blockchain-based gaming company, has raised $150 million in its series C funding round. The round was led by A16z, who is aggressively investing in these kinds of crypto initiatives. It also had the participation of other companies like D1 Capital, Redbird Capital, The Raine Group, as well
Read More
Chipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes
Read More
Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release.The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens
Read More
Over the month of October, popular meme tokens saw large gains as cryptocurrency market sentiment improved. Both SHIB and DOGE posted record highs and are now among the top 10 largest digital assets by market valuation, according to CoinMarketCap.The dog-themed coin SHIB’s 765% gain in October made it the month’s
Read More
The round included contributions from GIC Capital, Ribbit Capital and CapitalG, the private equity arm of Google’s holding company, Alphabet.Nov 1, 2021 at 12:24 p.m. UTCUpdated Nov 1, 2021 at 12:43 p.m. UTCDCG Founder, CEO Barry Silbert (CryptoX archives) Source
Read More
Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied
Read More
ARK Invest, the investment management firm focused on innovative tech led by Cathie Wood, took advantage of a dip in the price on Wednesday to buy nearly $80 million worth of Robinhood stock.As per daily trading data, Wood’s ARK purchased a total of 2.24 million shares of Robinhood across three
Read More
San Francisco-based blockchain web services company Alchemy announced a $250 million Series C fundraising round led by Andreessen Horowitz on Thursday, bringing its current valuation to $3.5 billion.This announcement comes hot on the heels of a late April $80 million Series B, which previously valued the startup at $505 million.
Read More
“We power virtually every NFT [marketplace], we power the majority of DeFi, we power most of the top apps in this space,” Viswanathan said. “Working with a16z is just another extension for us, so that we can see all the early projects get onboarded.” Source
Read More