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Galaxy Digital’s bitcoin funds raised $58.7 million in their first year as predominately high-dollar buyers staked their claim to the surging cryptocurrency. The institutional fund in particular appears to capture high-rollers’ spiking interest in bitcoin. With a minimum investment of $250,000, the $55 million fund attracted 33 investors for an
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Australia-based West Coast Aquaculture (WCA) has completed an A$5 million (US$3.65 million) initial public offering, becoming the first firm in the nation to use cryptocurrency for its capital raise.In an announcement provided to CryptoX on Monday, fintech firm STAX said it had assisted WCA in raising just over 89%, or
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Chainalysis valuation and growth are not common in the crypto space as the $1 billion valuation is quite rare and particular for a blockchain data analytics service firm.Blockchain analysis company Chainalysis is set to increase its valuation to $1 billion following its next scheduled Series C funding round that will
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According to the CEO of the company, Ham Serunjogi, Chipper Cash has partnered DriveWealth, a US-based services company to provide access to its users starting from those based in Nigeria to purchase U.S stocks.Chipper Cash, an African-based P2P payment service platform currently operating in seven countries, has raised a whopping
Read MoreBinance, the world’s largest cryptocurrency exchange, is funding a major decentralized audio streaming service through its investment and incubation arm.According to an Oct. 23 announcement, Binance Labs led a $1.25 million extension round for Audius, a blockchain-enabled streaming service that connects music fans with artists.The latest investment round follows a
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“I would call this the ‘moving fast as hell’ era,” Robert Leshner said of decentralized finance (DeFi) right now.CryptoX spoke to Leshner, founder of the Ethereum-based money market Compound Labs, and Tarun Chitra, of crypto financial modeler Gauntlet Network, about the new fund they are running together.It’s the second fund
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The yet-to-be-registered asset manager hopes to launch its VAL1 token later this year. Source
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Software development company Bentley Systems has revised its share price to between $19 and $21 per share as it is going to raise $225 million in IPO.On Tuesday, Bentley Systems Inc reviewed the price range target for its upcoming initial public offering (IPO). With the new price target, the company’s
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Billionaire Richard Branson is going to join the line of investors who have raised millions for blank check companies.Billionaire and investor Richard Branson is planning to raise $460 million for a new blank check company. The English billionaire hopes to use the raised funds to create a new special purpose
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Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution. Source
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