Tag: CryptoInvestments

According to a PricewaterhouseCoopers (PwC) report, the total value of crypto-related mergers and acquisitions (M&A) rose to $55 billion in 2021 versus $1.1 billion a year earlier. The average deal size has more than tripled since 2020 to $179.7 million, while the total value of crypto fundraising deals climbed by 645%. The US led in…

According to a Monday announcement, the Canadian branch of accounting giant KPMG allocates Bitcoin and Ether to its corporate treasury. The firm’s executives “expect to see a lot of growth” in DeFi, NFT, and metaverse areas in the years to come. “Cryptoassets are a maturing asset class,” stated Benjie Thomas, the firm’s Canadian managing partner…

What is yield farming and how to make money in decentralized finance (DeFi) – a comprehensive guide on yield farming, posted by Jagjit Singh on Cointelegraph. What is yield farming? Yield farming is a method of allowing crypto investors to lock up their assets in exchange for rewards. At its most basic level, yield farming…

Polygon, a decentralized Ethereum scaling platform, has raised $450 million in a private token sale led by Sequoia India. The funding will be used to build Web3 decentralized applications or dApps, including Polygon PoS, Polygon Edge, and Polygon Avail. This is Polygon’s first major financing round since the project began in 2017. According to Bloomberg,…

Dune Analytics, one of Ethereum’s most popular data visualization and analytics platforms, propelled to Unicorn Status with a $1 billion valuation after a $69 million fundraising round, looking to expand cross-chain. On February 2, Dune Analytics announced the close of a $69,420,000 round at a $1 billion valuation. The round was led by Coatue, a…

DeFi Technologies subsidiary has been given the green light by the Boerse Frankfurt Zertifikate AG to list an exchange-traded product (ETP) that tracks the price of Solana cryptocurrency (SOL). The ETP provides traditional investors exposure to the crypto within a regulated and “fully backed” environment. According to a Monday press release, Valour’s Solana ETP began…