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Consensus Algorithm Tendermint Raises $9 Mln in Series A Investment Round

Blockchain consensus algorithm and peer-to-peer (P2P) networking protocol Tendermint has raised $9 million in a Series A investment round, according to a blog post published on March 14.Tendermint has raised $9 million in the Series A investment round led by cryptocurrency investment company Paradigm, with contribution from Bain Capital

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Startup Finturi Raises $2.2 Million for Its Blockchain-Based Invoice Finance Platform

Dutch blockchain startup Finturi has secured 2 million euro ($2.2 million) to enable businesses to secure loans against invoices via blockchain tech, the company tweeted on March 12.Founded in September 2018, Finturi aims to help businesses finance invoices by linking them with financiers to borrow money against invoices, using

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New York Startup Raises $6.5 Million to Store Crypto For Institutions: Clear Rise in Demand

A New York-headquartered cryptography pioneer has raised $6.5 million in order to create a new institutional standard for crypto asset security.In an industry first, the firm has unveiled an Institutional Digital Asset Wallet Service aimed at the bigger financial players that need more security and autonomy over their crypto assets.Ahead

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Institutional Crypto Wallet Startup Raises $6.5 Million, ‘Eliminates Private Keys’

Curv, a digital asset startup headquartered in the United States, has raised $6.5 million to launch a cloud-based digital asset wallet for financial institutions that does not use private keys, a company press release published on Feb. 26 reveals.According to the statement, the seed round was led by digital asset

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In Industry First, Crypto Asset Manager Morgan Creek Raises Money from Pension Funds

The $40 million investment fund of Morgan Creek will major focus on crypto investments along with other blockchain startups and token-based projects.On Tuesday, February 12, Morgan Creek became the first company in the crypto sector to secure massive funding from pension funds, reports Bloomberg. Two separate pension funds of Virginia’s Fairfox County

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Blockchain Lending Firm Dharma Raises $7 Million From Coinbase Ventures, Others

San Francisco-based blockchain lending firm Dharma Labs has raised $7 million from big investors including Coinbase Ventures, as the company confirmed to Cointelegraph on Feb. 5.According to crypto news outlet The Block Crypto, Dharma Labs is planning to use the raised capital mostly for its Lever product, a platform providing

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ICE’s Crypto Exchange Startup Bakkt Raises $182 Mln

Bakkt, the crypto currency exchange startup owned by Intercontinental Exchange (ICE), raised $182.5 million to build its global digital assets platform and bitcoin futures product. Baktt CEO Kelly Loeffler said the company completed its first round of funding from 12 partners and investors, which included Boston Consulting Group, Galaxy Digital, Goldfinch

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Tim Draper Backed OpenNode Startup Raises $1.25 Million to Develop its Bitcoin (BTC) Payment Processing Platform

Tim Darper backed startup of OpenNode announced that it had successfully raised $1.25 Million to fund its venture to create a better and easier way to accept Bitcoin (BTC). Many merchants have been known to be for the idea of integrating Bitcoin payments onto their businesses, but very few payment

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Crypto Exchange ErisX Raises $27.5 Million From Fidelity, Nasdaq Ventures and Others

Crypto exchange ErisX has raised $27.5 million from Fidelity Investments and Nasdaq Ventures, among other investors, Reuters reports Dec. 4Nasdaq is the world’s second largest stock exchange, while U.S. investment firm Fidelity administers over $7.2 trillion in client assets.According to Reuters, ErisX will offer both on spot trading in Bitcoin

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