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The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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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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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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Thailand startup Bitkub Capital Group Holdings, founded in 2018, hit unicorn status last month notching up a valuation of over $1 billion. Now the crypto exchange intends to expand over Malaysia, the Philippines, and Laos, aiming to become “the Coinbase of Southeast Asia”, said the chief executive officer Jirayut Srupsrisopa. The
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Global blockchain security firm CertiK has concluded an $80 million investment round backed by some of crypto’s biggest venture funds, putting the company on track to reach the lofty $1 billion valuation mark in the foreseeable future. The Series B2 investment round was led by Sequoia, a California-based venture fund, with
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2TM, the parent company of Brazilian cryptocurrency exchange Mercado Bitcoin, has received $50.3 million in fresh financing to expand its operations across Latin America, sending a strong signal that venture capital sees growth potential in the region. The Series B fundraiser had participation from United States-based funds 10T and Tribal Capital,
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Mercado Bitcoin currently has 3.2 million users, a figure that represents 80% of the accounts held by individuals on the Brazilian stock exchange, said Dagnoni, who added that Mercado Bitcoin’s trading volume totaled $7 billion between January and October 2021. Original Source
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CoinDCX, India’s first crypto unicorn, plans to go for a listing, once regulations permit it do so, co-founder Neeraj Khandelwal said in an interview with Bloomberg Television on Monday.India’s crypto industry is facing serious regulatory uncertainty, thanks to a proposed bill that plans to ban most forms of private cryptocurrencies.The
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Blockchain infrastructure provider ConsenSys has reached a lofty valuation of $3.2 billion after closing a $200 million funding round, joining over a dozen other crypto-focused companies to reach coveted unicorn status this year alone.The $200 million financing round saw participation from several new investors, including Marshall Wace, Third Point and
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Messaging apps are everywhere – over 3.1 billion people around the world use them, sending more than 140 billion messages every day. Their ubiquity, size, and the value they deliver to their users have often converted into stratospheric market valuations: Whatsapp was acquired for an unprecedented $19 billion in 2014, after
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