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Blockchain infrastructure provider Figment raised $110 million in a Series C round led by software investment firm Thoma Bravo. The latest funding takes the firm’s valuation to $1.4 billion, Figment said in a press release on Monday.Other participants in the round were Morgan Stanley’s Counterpoint Global, Binance Labs, Mirae Asset,
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Tymebank, a South Africa-based digital bank, recently completed its Series B funding round with $70 million invested in the firm by Tencent and U.K. development financier, CDC Group. Funds to Support Tyme’s Expansion Into New Markets Tymebank, a digital bank from South Africa, recently raised an additional $70 million from its latest
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Aztec’s first product was the private transfer protocol zk.money, which the company says has had over 20,000 registered users, 50,000 transactions and $35 million in total deposits. In January, the company is set to launch Aztec Connect, a way for users to privately access Ethereum’s decentralized finance (DeFi) ecosystem. Source
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Lambda265, the blockchain arm of South Korean crypto exchange operator Dunamu, closed a $60 million (KRW 71 billion) Series B, bringing its valuation to $300 million, according to a Wednesday press release.The firm will use the funds to invest in its blockchain-as-a-service (BaaS) products, which are used by 3,300 corporate
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Crypto startup Palm NFT Studio announced a Series B raise of $27 million on Thursday led by Microsoft’s venture fund M12. Palm NFT, cofounded by ConsenSys founder and Ethereum cofounder Joseph Lubin, provides strategic and technical services for creators to build NFT marketplaces. Other major backers include Griffin Gaming Partners, RRE, Third
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French crypto-friendly fintech startup Lydia has raised $100 million in a Series C funding round, per a report in TechCrunch. The latest capital raise reportedly helped Lydia attain unicorn status with a valuation of over $1 billion. The $100-million fundraise comes nearly a year after its Series B funding round of $86
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French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion.The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday.Lydia recently allowed its 5.5 million users to invest
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1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million
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Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and increase access to liquidity within the decentralized finance, or DeFi, market. The investment round vastly exceeded the initial target of $70 million amid active
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2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of
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