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” Crypto focused SPAC raises $115M in Nasdaq IPO “ Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets. The Cayman Islands-incorporated SPAC raised an impressive $100 million during its April 13 initial public offering…
” Australia’s first Bitcoin ETF could attract $1 billion after launch next week “ Financial regulators have greenlit Australia’s first Bitcoin ETF to begin trading on April 27 and the Australian Financial Review reports it could see up to $1 billion in inflows. An ETF is a regulated exchange traded fund that allows investors to…
” More volatile than Bitcoin? Netflix shares plunge 25% “ The stock market has once again made crypto look stable by comparison with the Netflix (NFLX) stock price dropping 25% in after-hours trading tod. The news that sparked the dramatic tumble was the revelation on Tuesday that the streaming service has lost 200,000 customers in…
” Framework Ventures allocates half of $400M fund to Web3 gaming “ Crypto-focused venture firm Framework Ventures has raised $400 million in new funding to invest in early-stage companies across the Web3, blockchain gaming and decentralized finance (DeFi) industries. The completed raise will go towards “FVIII,” an oversubscribed fund worth $400 million, the company announced…
” Blockchain.com co-founder thinks the EU and UK are ‘progressive’ crypto regulators “ Cointelegraph reporter Joseph Hall sat down with Nicolas Cary, the co-founder and president of Blockchain.com at the Paris Blockchain Week Summit, or PBWS, last week. Cary’s other roles include founding the Blockchain Commission for Sustainable Development and co-authoring a white paper called…
” Silvergate Bank revenue soar in Q1 as institutional crypto trading activity falls “ On Tuesday, Silvergate Bank, a crypto-fiat gateway network designed for financial institutions, announced its results for the first quarter of 2022. During this period, its revenue and net income grew by 93% and 94% year-over-year, respectively, to $59.9 million and $24.7…
” Robinhood acquires British crypto firm Ziglu to push expansion plans “ Robinhood, a major cryptocurrency-friendly stock trading app, is pushing global expansion by acquiring the United Kingdom-based crypto asset firm Ziglu. Robinhood officially announced Tuesday that it signed a deal to acquire Ziglu, subject to regulatory approvals and other closing conditions. The firm declined…
” KuCoin-backed companies launch $100M Web3 developer fund “ Crypto exchange KuCoin’s venture capital arm and nonfungible token (NFT) marketplace have launched a $100 million “Creators Fund” to help bootstrap early-stage NFT projects at the intersection of art, sports and GameFi. KuCoin Ventures and the Windvane NFT marketplace have created the fund to help artists…
” Crypto startup Blockchain dot com planning 2022 IPO “ Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial public offering (IPO) as soon as this year. Bloomberg reported on April 19 that sources familiar with the situation said that the talks were merely…
” Animoca Brands buys major stake in Aussie digital services agency “ NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared…