Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.
Diginex Going Public Is About More Than a Nasdaq Ticker Symbol
Diginex CEO Richard Byworth said the firm’s public listing will give it more transparency than other crypto exchange operators.
Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
SEC Proposal Could (Eventually) Unleash Security Token Sales
Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.
Revolut Bank Valued at $5.5B in $500M Funding Round
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering.
Australia’s Stock Exchange Backs $35M Round for DLT Survivor Digital Asset
Digital Asset has raised $35 million in Series C funding, signaling a comeback for the seminal enterprise blockchain startup.
Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.
Blockchain Capital Leads $25M Funding Round for Libra Member Bison Trails
Bison Trails has secured a $25.5 million Series A round led by Blockchain Capital to develop the firm’s infrastructure services.
Over 2,000 Investors Back Kraken Crypto Exchange’s $13 Million Crowdfunding
The crowdfunding effort is said to have pushed Kraken’s valuation towards $4 billion.
Polymath, SeriesOne Team Up to Simplify Security Token Issuance
Polymath has partnered with digital securities fundraising platform seriesOne to offer an “end-to-end” solution for security token issuance.
Blockchain Project Polkadot Plans ICO to Raise Another $60 Million: Report
Blockchain project Polkadot is planning another ICO that would bring in $60 million, says the WSJ.
Kraken Is Seeking ‘War Chest’ Investment at a $4 Billion Valuation
Crypto exchange Kraken is seeking investment from select clients with a minimum $100,000 buy-in.
Galaxy Digital Leads $30 Million Funding for Social-Crypto Startup Good Money
Good Money, a crypto banking platform, raised $30 million for future development work.
DLT Platform Hedera Hashgraph Completes $100 Million Raise
Decentralized ledger startup Hedera Hashgraph has raised $100 million to build out its platform and launch its network, the firm said Wednesday.
Initial Coin Offerings Are Setting Capital Free. That’s Huge
ICOs offer a more direct route for both tapping and deploying funds, for matching founders with investors. That turns out to be quite revolutionary.