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“# Goldman Sachs leads $15M investment round for Coin Metrics ” Blockchain analytics firm Coin Metrics has raised $15 million in a funding found led by financial giant Goldman Sachs. In an announcement today, Coin Metrics said Goldman Sachs, Castle Island Ventures, Highland Capital Partners, Fidelity Investments, Avon Ventures, Communitas Capital, Collab+Currency and others had…
“# Dapper Labs-backed NFT avatar platform raises $65M in funding ” Digital avatar developer, Genies, has raised $65 million to build an NFT marketplace for digital avatars on the Flow blockchain led by several heavyweight investors, including Flow’s developers, Dapper Labs. SEC filings dated May 3 reveal the California-based company recently closed a $65 million Series…
“# Nas brags about Coinbase and crypto wealth in new track with DJ Khaled ” American rapper and cryptocurrency investor Nasir Jones, better known by his stage name Nas, has invited fans to join the cryptocurrency industry in a newly released track. Released last week, “Sorry Not Sorry” features a collaboration with DJ Khaled, Jay-Z…
“# PayPal crypto partner Paxos raises $300M ” Paxos, a major cryptocurrency company and PayPal’s crypto collaborator, has completed a massive fundraising round shortly after receiving preliminary approval to form a national trust bank. On Thursday, the firm announced a new $300-million Series D funding round bringing Paxos’ valuation to $2.4 billion. The new funding round…
“# Tim Draper-backed crypto derivatives exchange raises $18M ” A new global cryptocurrency derivatives exchange, Globe Derivative Exchange — or GlobeDX — continued its preparation for the platform’s launch by securing another major raise. GlobeDX announced Wednesday that the firm successfully raised $18 million through a new funding round featuring investors like seed money startup…
“# Early Tesla investor Baillie Gifford invests $100M in Blockchain.com ” Baillie Gifford, a 110 year-old asset management firm known for its early bets on firms like Tesla, has invested $100 million in major cryptocurrency wallet service Blockchain.com. Blockchain.com co-founder and CEO Peter Smith announced Wednesday that Baillie Gifford’s contribution to its $300 million funding…
“# Mick Jagger is using NFTs to raise money for indie music venues ” The Rolling Stones lead singer Mick Jagger is jumping into the nonfungible token craze to help independent music venues that have been adversely affected by the pandemic. In an announcement from the music legend on Thursday, Jagger said he had started…
“# NYDIG raises $100 million and launches ‘Bitcoin-powered’ insurance initiative ” New York Digital Investment Group announced the completion of a growth capital funding round as well as the launch of a business initiative relating to Bitcoin. In an announcement today, the New York Digital Investment Group, or NYDG, said it had secured $100 million…
“# Retail traders become ‘sitting ducks’ as sell-off triggers $1.4B liquidation ” After flirting with a $2 trillion market capitalization for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find…
“# Crypto industry got more funding in Q1 2021 than all of last year: report ” Cryptocurrency and blockchain-related companies have already received more funding this year than in all of 2020, according to a new report. In the first quarter of 2021, 129 startups focusing on crypto and blockchain technology have received a total…