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Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million).Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according to
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Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail out the troubled fintech companies, according to a Bloomberg April 26 report. Cantonal Finance Director, Heinz Taennler, said that the fund would
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A report from law firm Fenwick & West LLP reveals venture capitalists have tightened spending in light of the economic crisis, spelling trouble for crypto startups looking for investment money.Not only that, but the findings of the report also show deflation in company valuations when compared to pre-pandemic times.Indeed, in
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Sharing is caring!Founding partner of Draper Fisher Jurvetson (DFJ), Draper Associates, the Draper Venture Network and Draper University, Tim Draper appears to be poised to back projects in India. At least according to Suprita Anupam, a writer for leading Indian media and information platform Inc42, who recently interviewed Draper: ~ advertisement ~ “The
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Hacks, futures, settlements, flippenings, geopolitical conflict -- 2019 had it all. Source
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