Wealthsimple raises C$750m

Canadian fintech Wealthsimple has hit a C$5 billion valuation off the back of a C$750 million funding round led by Meritech and Greylock. DST Global, Sagard, Iconiq, Dragoneer, TCV, iNovia, Allianz X, Base 10, Redpoint, Steadfast, Alkeon, TSV, Plus Capital, plus celebrities Drake, Michael J Fox, Ryan Reynolds, Kelly Olynyk, Dwight Powell, and Patrick Marleau […]

Paxos raises US$300m for blockchain infrastructure platform

Labeling itself as the first platform of its kind, Paxos’ vision is to create the foundation for a “new, open financial system” capable of operating faster, more efficiently, and with greater inclusivity on a global scale. It is achieving this through a combination of turnkey APIs, regulated token asset exchanges, and blockchain-based settlements for institutions. Officially […]

Safello Group AB has obtained preliminary approval for listing on Nasdaq First North Growth Market and publishes EU growth prospectus

Safello Group AB (”Safello” or the ”Company”), a crypto currency exchange company within the cryptocurrency currency market which offers and enables customers to safely and securely buy and sell leading cryptocurrencies, announced on 16 February 2021 its intention to list the Company’s shares on Nasdaq First North Growth Market Stockholm (“Nasdaq First North”) and to […]

Coinbase hits $76bn valuation on market debut

Coinbase shares opened at $381 on its debut on Nasdaq, valuing the cryptocurrency exchange at $75.9 billion.The opening price was 52% up on Coinbase’s reference price of $250 and makes the company more valuable than financial heavyweights including Nasdaq and Discover. Including options and other kinds of stock-based awards, the $381 price values Coinbase at […]

FS giants join $65m ConsenSys funding round

JP Morgan, Mastercard and UBS have joined a $65 million funding round for blockchain software engineering firm ConsenSys. Blockchain companies Protocol Labs, the Maker Foundation, Fenbushi, The LAO, and Alameda Research also joined the round. ConsenSys says it will use the funding to “accelerate the convergence of decentralized finance (DeFi) and Web3 applications on Ethereum […]

Blockchain Africa Conference 2021 Post Event Report

Bitcoin Events 7th annual Blockchain Africa Conference was hosted virtually for the first time, on the 18 and 19  March 2021.   The conference is the definitive blockchain and cryptocurrency event on the African continent, and introduced  attendees to some of the most influential figures in the cryptocurrency and blockchain industry. These experts  analysed and debated […]

New Partnership Allows Eidoo To Issue Crypto Debit Cards

Swiss DeFi platform Eidoo has partnered with a principal member of Visa Europe to issue a crypto debit card directly connected to the platform’s wallet, the Finance Magnates reported on 25 May. According to the report, the Eidoo Card’s approval by Visa comes as part of the company’s partnership with Contis, a principal member of […]

Blockchain.com raises $300 million

Cryptocurrency wallet provider Blockchain.com has secured $300 million in a Series C funding round that values the London-based company at $5.2 billion.The capital injection was led by partners of DST Global, Lightspeed Venture Partners, and VY Capital. It comes just over a month after the firm raised $120 million in funding from a host of […]

Freshworks Partners with FuturistiCX to Highlight Innovative Customer Experience Strategies

In this new age of a digitally connected living, it is imperative for Customer Experience experts to adapt innovative technologies to meet customer expectations and deliver superior customer service across various channels. The 2021 edition of FuturistiCX Middle East lives up to its reputation of being the biggest Customer Experience Conclave, as it hosted 250+ […]

Blockchain in Japan – Understanding the Legal Framework

As with all innovation, blockchain technology can only develop so far before it faces legal hurdles making it necessary to create an acceptable legal framework to grow within.  So far, even the leading blockchain countries have been slow to accommodate this fast-growing business and technology development, thus hindering and even blocking it from achieving its […]