Latin American crypto exchange Bitso hits $2.2bn valuation
Latin America’s largest cryptocurrency platform, Bitso, has hit a $2.2 billion valuation off the back of a $250 million Series C equity round led by Tiger Global and Coatue.Paradigm, Bond & Valor Capital Group, QED, Pantera Capital, and Kaszek joined the round for Bitso, which offers a crypto trading app for retail investors as well […]
SpaceX accepts dogecoin as payment to launch lunar mission next year
SpaceX will launch the “DOGE-1 Mission to the Moon” in the first quarter of next year, with Elon Musk’s commercial rocket company accepting the meme-inspired cryptocurrency dogecoin as payment. “SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space”, Musk […]
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 […]
