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San Francisco-based Bitcoin financial services company River Financial announced it had raised $5.7 million in a new seed funding round.In an update posted to the company website on June 17, River Financial stated it had received a $5.7 million investment in a seed round led by Polychain Capital. Slow Ventures,
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A slew of investors is backing bitcoin brokerage River Financial to the tune of $5.7 million. Announced Wednesday, the San Francisco-based startup has closed a seed round joined by Polychain Capital, Slow Ventures, Castle Island Ventures, DG Lab Fund, Cygni, Pfeffer Capital and IDEO CoLab Ventures, according to a release from
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U.S.-based crypto exchange Seed CX is shutting down to focus on its settlement infrastructure. According to a Seed CX company blog posted June 11 by CEO Edward Woodford, its settlement arm Zero Hash now accounts for 95% of the company’s revenue.“As we begin to look beyond just profitability to realizing our
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Bitcoin (BTC) rewards company Lolli announced on Monday the close of an oversubscribed $3 million seed-II funding round led by Pathfinder and investors such as Michelle Phan, Ashton Kutcher and Guy Oseary.According to the announcement, the funding will help launch the company’s mobile application and expand it internationally, with a
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Sharing is caring!Fluree, a North Carolina-headquartered data-first technology startup that recently announced a strategic blockchain deployment with the United States Air Force is getting further backing from Engage in a seed extension round of funding with participation from Engage. “Organizations have been striving to secure a data-first approach for nearly a
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Zabo has announced it has raised $ 2.5 million in seed funding, allowing it to extend its portfolio of services to continue connecting its customers’ cryptocurrency wallets to banks, brokerage firms, FinTech apps, and tax software.As detailed in a March 5 blog post, the seed round was led by
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Responsible for one of the top performing cryptocurrencies, IOTA is continuing to release new information in response to a Feb.12 hack on its official wallet. According to a Feb. 19 status update, the IOTA Foundation strongly recommends users of the Trinity Wallet to immediately change their passwords and use the
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Seed CX is expanding its European services with the addition of eight new order books for its spot-trading market.Seed Commodities Market, the Chicago-based firm’s spot market, announced Monday that it's created euro trading pairs against bitcoin, ether, litecoin, bitcoin cash, Paxos dollar, TrueUSD, USDC and the U.S. dollar. It's also
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United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan.Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines digital finance and applied science.Investors are former execs from British Petroleum, JPMorgan and S&P Global
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“Back in the 90's many of us intuitively understood the Internet was a powerful new infrastructure but it took Marc Andreeseen with Mosaic and then Netscape to make this powerful new infrastructure accessible to a broader audience,” he said. “DeFi, or decentralized finance, feels just as profoundly transformative today as
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