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Stock brokerage firm DriveWealth has entered the cryptocurrency industry by launching two subsidiaries designed to allow its partners to offer crypto trading to retail investors. DriveWealth is a New Jersey-based company backed by Japanese tech giant Softbank and is valued at $2.85 billion. The push into the crypto space was motivated
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Tribal will use the money to continue building out its teams in Latin America, and also plans to release some crypto-related products later this year. Source
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Metaverse startup The Sandbox closed a $93 million Series B funding round led by SoftBank, said a press release.The Sandbox is an Ethereum-based platform where players can “play, create, own, and govern a virtual world,” according to its site. Players can own in-game assets in the form of non-fungible tokens
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The round included contributions from GIC Capital, Ribbit Capital and CapitalG, the private equity arm of Google’s holding company, Alphabet.Nov 1, 2021 at 12:24 p.m. UTCUpdated Nov 1, 2021 at 12:43 p.m. UTCDCG Founder, CEO Barry Silbert (CryptoX archives) Source
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Candy Digital, a non-fungible token (NFT) startup majority-owned by Fanatics, has completed a $100 million Series A financing round co-led by Insight Partners and SoftBank Vision Fund 2 at a $1.5 billion valuation. The startup plans to use the funds to expand its NFT offerings across the global sports landscape
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On Monday, the blockchain intelligence firm Elliptic announced the company has raised $60 million in a Series C financing round. Elliptic plans to leverage the capital to expand the team and “accelerate” blockchain research and development (R&D). Elliptic Raises $60 Million to Bolster Expansion There’s been a number of capital investments and
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On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital
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With Tier continuously offering new products and options, this funding is geared to help support the firm as it hopes to emerge profitable despite the potential risks of the COVID-19 pandemic.German-based micro-mobility service provider Tier has raised a new $250 million in Series C funding led by Japanese multinational conglomerate
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SoftBank announced on Friday that its shareholders will receive an interim dividend of 22 yen per share.News outlet Reuters indicated that the company reached the decision after it underwent a series of asset sales that stabilized its finances.SoftBank Group Corp (TYO: 9984) has a market capitalization of around $131.64 billion. Its
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