Crypto-Powered Wireless Network Helium Raises $200M at $1.2B Valuation: Report
Tiger Global and FTX Ventures were among the new investors in the company, Axios reported. Original Source
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Valuation
Circle’s valuation doubles to $9B following revised merger agreement with Concord
USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) founded in 2020.Circle announced Thursday that it had terminated its previous business combination terms with Concord and reached a new
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Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
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Web 3 Infrastructure Giant Alchemy Tops $10B Valuation in $200M Funding Round
A key player behind decentralized applications on Ethereum and other chains continues to swell. Source
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Canadian Crypto Platform Newton Raises $20M Round at $200M Valuation
Canadian wealth and asset management company CI Financial has taken a minority stake in crypto trading platform Newton as part of its $20 million Series B funding round. Original Source
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DeFi Infrastructure Provider Qredo Raises $80M at $460M Valuation
10T Holdings, a crypto firm led by hedge fund manager Dan Tapiero, led the round. Source
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Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round
Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for external invasion. The wallet could be either online or offline storage. Due to its relevance, several crypto exchanges offer their
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Binance user protection insurance fund reaches $1B valuation
Binance, the world’s leading crypto exchange by trading volume, announced its Secure Asset Fund for Users (SAFU) reached a $1 billion valuation.The user protection insurance fund was set up in July 2018 to protect users’ interests. Binance committed a portion of the trading fee towards SAFU and began allocating 10%
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FTX Raises $400 Million in Series C Fundraise, Firm Reaches $32 Billion Valuation – Finance Bitcoin News
Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion. FTX Series C Fundraise Brings
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FTX Reaches $32B Valuation With $400M Fundraise
"FTX will look to continue interacting with regulators to facilitate access to digital assets in a safe and compliant manner," Bankman-Fried said in a statement today. "We look forward to working alongside our investors to achieve our mission and continue our tremendous growth throughout 2022 and beyond.” Source
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