Cryptocurrency Analysis and News Portal
Singapore-based lending platform Vauld raised $2 million, led by Pantera Capital, to grow into a full crypto bank. Other investors include Coinbase Ventures, LuneX Ventures and individual investors including Robert Leshner of Compound Finance.So far, Vauld has established a foothold in India, where a favorable ruling from the courts earlier
Read More
CoinDCX, the largest cryptocurrency exchange in India, continues to aggressively expand its business with a massive new fundraise.According to a Dec. 21 announcement, CoinDCX has raised $13.9 million from industry investors like Coinbase and Polychain in its Series B funding round. Led by major blockchain software firm Block.one, the new raise
Read More
Seattle-based venture capital firm Bloccelerate closed a $12 million fund on Nov. 30 to bet on both enterprise blockchain adoption and Ethereum-based financial applications.The firm’s general partners, Kate Mitselmakher and Sam Yilmaz, told CryptoX in a call the fund will allocate 80% of its equity investing in the infrastructures enabling
Read More
Tink’s valuation has jumped more than 60% in 2020. At the beginning of the year, the Swedish fintech startup’s valuation was €415 million. PayPal-backed Swedish fintech startup Tink is now valued at 680 million euros ($827 million) after a new investment round extension. Tink is one of the tech startups that
Read More
YIELD.app, a project that describes itself as a “simpler” decentralized finance (DeFi) banking platform, has raised close to $5 million in a hybrid funding round led by Alphabit and Digital Strategies.The funding will be used to continue supporting working capital, further development of the portfolio management system, marketing, growth and
Read More
Latin American crypto exchange Bitso has raised a whopping $62 million funding round, the largest in the region for a digital asset firm.Announced Wednesday, Mexico City-based Bitso’s Series B also heralded the first investment in crypto by renowned fintech VC firms QED Investors and Kaszek Ventures, which led the fundraise.
Read More
Decentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera Capital. Other backers include ParaFi Capital, Nima Capital, LAUNCHub Ventures, Spark Capital, gumi Cryptos, Blockchain Capital and angel investors Josh Hannah, Kain Warwick and Alexander Pack.1inch plans to use the funds to build new products, CEO
Read More
New York Digital Investment Group has raised $150 million through two separate cryptocurrency investment funds, according to documents filed with the United States Securities and Exchange Commission on Nov. 24 and Dec. 1.The NYDIG Digital Assets Fund I raised $50 million, with the NYDIG Digital Assets Fund II raising a
Read More
New York Digital Investments Group (NYDIG) raised $150 million for two new funds to invest in cryptocurrencies, a move that underscores the one-stop crypto shop’s skyrocketing clout on the institutional bitcoin scene.As revealed in two U.S. Securities and Exchange Commission filings, NYDIG Digital Assets Fund I raised $50 million from
Read More
U.S. intelligence chief John Ratcliffe was reportedly seeking clearer regulation around digital currency. Source
Read More