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Paystand, a platform using blockchain tech to automate commercial payments, has raised $20 million in Series B funding. Backing the round are a number of VC firms including DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and Wildcat Ventures. Existing investors Leap Global Partners and BlueRun Ventures also took part.Paystand
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Paystand has successfully raised $20 million in its Series B funding round, VentureBeat and others reported on Feb. 6. The company will use this money to accelerate the growth of its blockchain-based commercial payment platform.The current round includes investment from DNX Ventures, Battery Ventures, Epic Ventures, Commerce Ventures and
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Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants looking to accept bitcoin payments.Craft Ventures led the round, with Managing Director Brian Murray joining Lightning Labs’ board of directors. Other investors include Slow Ventures, former Goldman Sachs
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Thai Stellar-based blockchain startup Lightnet has raised $31.2 million to boost cross-border payments in Southeast Asian countries.The Bangkok-headquartered firm has completed a Series A funding round led by major financial conglomerates in the region, Singaporean United Overseas Bank (UOB) and South Korea’s Hanwha Investment & Securities, Business Insider Malaysia
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TaxBit, a crypto-oriented tax compliance firm, has raised $5 million in a seed round that saw participation from the Winklevoss twins’ family office, Winklevoss Capital.In a Jan. 6 announcement, TaxBit said that it plans to use the raised funds to enhance its software products on an international scale as
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Ripple, the company behind the XRP cryptocurrency, disclosed that it has raised $200 million in a Series C funding round that was led by Tetragon. Major participants included SBI Holdings and Route 66 Ventures. The funding represents an active effort on part of Ripple to enhance XRP adoption to broader
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Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round.Led by closed-ended investment company Tetragon, the new Series C funding round was also joined by Ripple’s major Japanese partner SBI Holdings and venture capital firm Route
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Blockchain-based payments firm Ripple has raised $200 million in a Series-C funding round led by alternative asset investment firm Tetragon. Japan's SBI Holdings and VC firm Route 66 Ventures also participated, Ripple announced on Friday. “We are in a strong financial position to execute against our vision. As
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After the first round of a Series A funding, the San Francisco based blockchain firm Alchemy has announced that it has raised additional $15 million.The startup was founded by two computer science students, Nikil Viswanathan and Joe Lau, who were classmates at Stanford. Together, they also created a social mobile
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Following a report last week on the anonymity features of grin, one big question emerged: What is privacy in crypto, anyways? Original Source
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