Cryptocurrency Analysis and News Portal
Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank.On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round included previous Paxos investors
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Up-and-coming derivatives exchange GlobeDEX – or Globe as it’s simply known – has closed a private round worth $18 million. A host of blockchain VCs lined up to back the exchange on its mission to create an advanced trading platform that can cut it with the best of them. Its team, who
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A new global cryptocurrency derivatives exchange, Globe Derivative Exchange — or GlobeDX — continued its preparation for the platform's launch by securing another major raise.GlobeDX announced Wednesday that the firm successfully raised $18 million through a new funding round featuring investors like seed money startup accelerator Y Combinator and Tim
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Concordium, a privacy-focused blockchain, has just completed its fourth funding round in which the firm raised $36 million; this pushed the valuation of the blockchain firm to around $1.5 billion. The funding round was focused on the Private Placement of its cryptocurrency GTU. The raised capital would be used to expand
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UniFarm, a decentralized farming pool of DeFi’s top projects, has announced a $2 million investment from leading blockchain funds including AU21 Capital, LD Capital, Rarestone Capital, Morningstar Ventures, NGC Capital, Alphabit, Moonwhale Ventures, Acheron Capital, Zokyo Ventures, and more. UniFarm pioneered the token farming pool model which has seen 17 top
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Cross-chain asset bridge and application hub ChainSwap has closed a $3 million strategic funding round with participation from some of the biggest names in decentralized finance and the crypto industry.In an April 7 announcement, ChainSwap stated that it raised the funds in order to accelerate its vision of creating a
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TON Labs, the development arm behind the Free TON blockchain, raised $6 million through an investment round led by venture capital firm Runa Capital. The funding will go toward building out a new product environment for the Free TON blockchain, which the company describes as the fastest decentralized protocol due to
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Next Insurance has so far raised a total of $875 million from private investors who have participated in various funding rounds. Online insurance company Next Insurance has raised approximately $250 million in a funding round that has brought its valuation to approximately $4 billion. Next Insurance focuses on small businesses and
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Can a new non-fungible token (NFT) platform finally solve the problem of ecosystem-wide royalties?NFT platform Recur announced on Thursday a $5 million seed round led by the DeFi Alliance, Delphi Digital, Ethereum co-founder Joe Lubin, and Gemini, among others. The raise claims a number of notable superlatives, including the first
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Avanti Financial Group seeks to become the second crypto company after Kraken Financial to acquire a full banking charter in the United States.Avanti Financial Group, a digital asset bank, announced on Thursday that it has completed its Series A funding round with $37 million, bringing its total raised capital since
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