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S&P, State Street Back $15M Investment in Crypto Data Startup Lukka

Financial data giant S&P Global and institutional asset manager State Street Corp. are headlining a $15 million investment in Lukka, the blockchain data startup set to power the upcoming cryptocurrency indices from S&P Dow Jones.CPA.com, the for-profit arm of the American Institute of Certified Public Accountants (AICPA), also participated in

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Million-dollar startup taps Algorand to fight climate change

Blockchain marketplace Climatetrade will be building its new CO2 carbon offsetting platform on Algorand, a top-50 cryptocurrency project that is gunning for scalability and transactional performance. Climatetrade announced Wednesday that it has selected the Algorand blockchain to power its carbon offsetting marketplace, which is designed to help organizations achieve CO2 neutrality

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Blockchain Startup Raises $12M Series A to Turn Brands Into Cellular Networks

OXIO wants to use blockchain to make “Telecom-as-a-Service” as common as SaaS.To that end, the New York-based startup is announcing Tuesday a $12 million Series A funding round, led by Brazilian VC monashees and Atlantico Capital, with participation from FinTech Collective and Multicoin Capital. It takes the firm’s total fundraising

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This Paradigm-Backed Startup Is Offering DeFi’s First ‘T-Bill’

“What is the time value of money?”That’s the age-old question Allan Niemerg, former head of research and investments at Cumberland DRW and founder of newly launched Paradigm-incubated Yield Protocol, is trying to answer with his new programmatic money market.Released publicly Oct. 19, Yield is jostling to join a $2.6 billion decentralized

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