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0 CommentsCrypto exchange FTX Trading Ltd. has raised $400 million in a Series C funding round, valuing the company, which has leaned heavily on sports and gaming, at $32 billion. The investment values the crypto exchange at the same level as Deutsche Boerse and more than Nasdaq or Twitter. According to the company’s statement, the round…
383 ViewsCryptocurrency exchange FTX US has raised $400 million in its first funding round from investors, including Japan’s SoftBank Group Corp and Singapore’s Temasek Holdings, reaching the market value at $8 billion. The investment gives FTX US a valuation of $8 billion, placing it among the world’s most valuable private crypto firms. Investors in the round…
269 ViewsCrypto may not have an economic anchor, but art, diamonds, gold and many other things have value only because other people value them, not from any direct economic use, writes Aaron Brown on Bloomberg. Bitcoin has fallen 50% since November. This is not unusual for the cryptocurrency; it did the same thing from April to…
351 ViewsCarry1st, a South African publisher of social games and interactive content across Africa, has raised a $20 million Series A extension led by Andreessen Horowitz (a16z), with investments from Avenir and Google. Carry1st will use this funding to expand its portfolio, teams, and user base, as well as develop Web3 infrastructure in Africa to support…
485 ViewsBased in Bahrain, crypto exchange platform Rain has raised $110 million in a Series B funding round, led by global venture capital investors, including Kleiner Perkins, Coinbase Ventures, and Paradigm. According to the statement issued by Rain, other investors participated in its latest funding round, including Global Founders Capital, MEVP, Cadenza Ventures, and CMT Digital….
4,321 Views“High-performance blockchain” NEAR Protocol has raised $150 million in its latest funding round led by Three Arrows Capital. The NEAR token has surged on the news, gaining 6.6% in the following hours. NEAR Protocol announced Thursday that it has successfully closed a $150 million funding round to accelerate Web3 adoption. Su Zhu and Kyle Davies’…
