Fireblocks raises $310 million at a $2 billion valuation
An institutional-focused infrastructure company Fireblocks has raised $310 million in a Series D round. Investors valued it at more than $2 billion.News and analysis on venture investments in the cryptocurrency market.
Fireblocks raises $310 million at a $2 billion valuation
An institutional-focused infrastructure company Fireblocks has raised $310 million in a Series D round. Investors valued it at more than $2 billion.
Developer of a decentralized-identity solution raises $27 million
The startup behind the decentralized identity system Magic Labs (formerly Fortmatic) raised $27 million following a Series A funding round.
BlockFi to close investment round and push ahead with IPO amid regulatory pressure
BlockFi, the crypto-lending platform, plans to close its Series E round on July 27 at a valuation of around $4.75 billion and, 12–18 months later, to go public via an IPO. The plans are laid out in an investor presentation, CoinDesk reports. In June the company was targeting a valuation close to {{AOPEN_1}}to $5 billion{{ACLOSE_1}}. It was possible that the final figure would exceed this benchmark. The funding round is expected to be led by Dan Loeb's hedge fund Third Point and London's Hedosophia. Other investors include Coinbase Ventures, Tiger Global and Bain Capital. The outlet contends that BlockFi's decision to move the IPO from the second half of 2021 to a later date was made before frictions with regulators arose. Securities regulators in {{AOPEN_2}}New Jersey{{ACLOSE_2}}, {{AOPEN_3}}Alabama{{ACLOSE_3}} and Texas charged BlockFi with selling unregistered securities. In that capacity, regulators deemed BlockFi's crypto-savings accounts (BlockFi Interest Account) to be unregistered securities. On Twitter, the company said it is in dialogue with authorities and expects to prove regulators' arguments unfounded. BlockFi assured that clients will still have access to all BlockFi products, services and assets. 2/ BlockFi is fully operational for all existing clients everywhere in the world, and clients will continue to have access to all products, services, and assets on BlockFi. Previously, Coinbase, the bitcoin exchange, had listed its shares on the market. Following its lead could be Bullish, the cryptocurrency trading platform, and Circle, the startup behind USDC. Subscribe to the ForkLog channel on YouTube!
CoinFund raises $83 million to back crypto startups
CoinFund raised $83 million in a funding round to develop various cryptocurrency startups and initiatives.
Investment platform Titan raises $58 million to launch crypto product
Investment platform Titan has raised $58 million in a Series B round led by venture capital firm Andreessen Horowitz. The company's market capitalization reached $450 million.
FTX raises $900 million at an $18 billion valuation
FTX, the crypto-derivatives exchange, raised $900 million at an $18 billion valuation.
Crypto firms accounted for 3% of global venture funding in 2021
In the first half of 2021, venture funding in the blockchain and digital assets industry reached $8.8 billion. The sector accounted for just over 3% of total deal value, which reached $288 billion.
NFT marketplace OpenSea raises $100 million at a $1.5 billion valuation
NFT marketplace OpenSea raised $100 million in a Series B round led by venture capital firm Andreessen Horowitz. The deal valued the company at $1.5 billion.
Green-energy bitcoin miner Iris Energy to raise $200 million ahead of Nasdaq listing
Australian mining company Iris Energy, ahead of a direct listing on Nasdaq, plans to raise $200 million from investors. Bloomberg reports, citing sources familiar with the matter.
Block.one-backed Bitcoin exchange to raise $75 million from SoftBank
SB Northstar, the investment arm of Tokyo-based SoftBank, will buy 7.5 million shares at $10 each of the cryptocurrency exchange Bullish, according to a filing with the U.S. Securities and Exchange Commission.
Terra stablecoin developer Terraform Labs raises $150 million from Galaxy Digital, Pantera Capital and other investors
The Terra stablecoin developer Terraform Labs has raised $150 million from several major investors, including Arrington XRP Capital, Pantera Capital, Galaxy Digital and BlockTower Capital.We use cookies to improve the quality of our service.
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