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“Layer 2s have single instance sequencers that act as block producers,” said Chiu. “So we set off to modify Geth [a programming language for running Ethereum nodes] in such a way that smart contracts on Boba can call any external API. Suddenly, you can do machine learning off-chain and have
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The Bloomberg Terminal-esque product raised $9 million in strategic funding. Source
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Digital asset analytics provider The TIE has closed a strategic investment round backed by some of blockchain’s most prominent investors, underscoring heightened demand for crypto data and software services. The TIE raised $9 million in Series A funding at a valuation of $100 million, making it one of the largest crypto
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Crypto finance service provider Amber has landed a valuation of $3 billion following a funding round led by Singaporean state-owned investment firm Temasek Holdings. Amber Group was able to raise $200 million in its Series B+ funding round as revealed in a Feb. 21 announcement. Other participants included Sequoia China, Pantera
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Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans The Nigerian fintech startup Flutterwave recently announced it raised $250 million
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Phantom also revealed that it now has 2 million active users on its platform within six month.Developers of the Solana Web3 wallet app, Phantom, have announced that they raised $109 million in the second series of funding ed by Paradigm. This elevates the company into a unicorn status with a
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The first IPO for the crypto industry in 2022 comes from a Texas-based Bitcoin (BTC) mining company, Rhodium Enterprises.In an SEC filing made last week, Rhodium plans to offer 7.69 million shares at $12-$14 each in an initial public offering (IPO). Trading under the ticker “RHDM” on Nasdaq, 56.8 million
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Sygnum, which runs a digital-asset bank and trading platform, was valued at $800 million in a $90 million funding round, Bloomberg News reported on Thursday, citing a statement from the company.Hong Kong firm Sun Hung Kai & Co. led the round. Animoca Brands and Canada’s Meta Investments also participated, Bloomberg
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Tuesday’s big numbers show the rapidity with which OpenSea has ensconced itself as the leading venue for trading non-fungible tokens. In the last 30 days alone, the marketplace for prized profile pics and other digital collectibles logged 1.6 million Ethereum transactions and a trading volume of $2.4 billion, according to
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NYDIG said in a press release Tuesday that it is bringing on $1 billion in growth capital to lead bitcoin further into Wall Street.The round was led by WestCap and joined by Bessemer Venture Partners, FinTech Collective and existing investors Affirm, FIS, Fiserv, MassMutual, Morgan Stanley and New York Life,
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