{"id":13221,"date":"2024-05-04T18:58:42","date_gmt":"2024-05-04T15:58:42","guid":{"rendered":"https:\/\/forklog.com\/en\/institutional-bulletin-securitize-raises-47-million-midas-secures-45-million\/"},"modified":"2024-05-04T18:58:42","modified_gmt":"2024-05-04T15:58:42","slug":"institutional-bulletin-securitize-raises-47-million-midas-secures-45-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/institutional-bulletin-securitize-raises-47-million-midas-secures-45-million\/","title":{"rendered":"Institutional Bulletin: Securitize Raises $47 Million, Midas Secures $45 Million"},"content":{"rendered":"<p>The cryptocurrency industry is increasingly attracting institutional players. This is evidenced by new investments in infrastructure and the growing attention companies are paying to Bitcoin as an asset class. ForkLog reviews the most significant events of recent weeks.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Tokenization Platform Securitize Raises $47 Million from BlackRock<\/strong><\/h2>\n<p>The security token issuance technology provider Securitize has closed a $47 million funding round led by asset manager BlackRock.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Securitize is excited to announce that we have completed a $47 million funding round led by <a href=\"https:\/\/twitter.com\/BlackRock?ref_src=twsrc%5Etfw\">@BlackRock<\/a> together with <a href=\"https:\/\/twitter.com\/hamilton_lane?ref_src=twsrc%5Etfw\">@hamilton_lane<\/a>, <a href=\"https:\/\/twitter.com\/paraficapital?ref_src=twsrc%5Etfw\">@paraficapital<\/a>, <a href=\"https:\/\/twitter.com\/Tradeweb?ref_src=twsrc%5Etfw\">@Tradeweb<\/a>, and strategic investors <a href=\"https:\/\/twitter.com\/AptosLabs?ref_src=twsrc%5Etfw\">@AptosLabs<\/a>, <a href=\"https:\/\/twitter.com\/circle?ref_src=twsrc%5Etfw\">@circle<\/a> and <a href=\"https:\/\/twitter.com\/Paxos?ref_src=twsrc%5Etfw\">@Paxos<\/a>.<\/p>\n<p>This further proves that the demand for tokenized real-world\u2026 <a href=\"https:\/\/t.co\/sRuNgEslVj\">pic.twitter.com\/sRuNgEslVj<\/a><\/p>\n<p>\u2014 Securitize (@Securitize) <a href=\"https:\/\/twitter.com\/Securitize\/status\/1785649731508527157?ref_src=twsrc%5Etfw\">May 1, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round also included participation from Hamilton Lane, Tradeweb Markets, ParaFi Capital, Aptos Labs, Circle, and Paxos.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cAt BlackRock, we believe tokenization can lead to significant transformation in capital markets infrastructure. Our investment in Securitize is another step in advancing our digital assets strategy,\u201d said Joseph Chalom, head of strategic ecosystem partnerships at BlackRock, who will join Securitize\u2019s board of directors.<\/cite><\/p><\/blockquote>\n<p>In June 2021, the platform raised $48 million from Blockchain Capital and Morgan Stanley Tactical Value.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Fintech Startup Midas Raises $45 Million<\/strong><\/h2>\n<p>Turkish fintech startup Midas has closed a Series A funding round of $45 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"tr\" dir=\"ltr\">? Midas\u2019a 45 milyon dolarl\u0131k rekor yat\u0131r\u0131m!<\/p>\n<p>Finansal teknolojiler alan\u0131nda T\u00fcrkiye\u2019nin en b\u00fcy\u00fck erken a\u015fama Seri A yat\u0131r\u0131m\u0131n\u0131 alman\u0131n mutlulu\u011funu ya\u015f\u0131yoruz.<\/p>\n<p>Bize ve gelecek planlar\u0131m\u0131za inanan kullan\u0131c\u0131 ve yat\u0131r\u0131mc\u0131lar\u0131m\u0131za te\u015fekk\u00fcr ederiz.<\/p>\n<p>? <a href=\"https:\/\/t.co\/nXuG4rXC5R\">https:\/\/t.co\/nXuG4rXC5R<\/a> <a href=\"https:\/\/t.co\/zmMDjRAESS\">pic.twitter.com\/zmMDjRAESS<\/a><\/p>\n<p>\u2014 Midas (@getmidas) <a href=\"https:\/\/twitter.com\/getmidas\/status\/1782321156113969379?ref_src=twsrc%5Etfw\">April 22, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by Portage Ventures with participation from IFC, Spark Capital, Earlybird Digital East Fund, and Revo Capital.<\/p>\n<p>Through the platform, Turkish traders can invest in stocks and bonds in the US market. According to a press release, Midas has a user base of over 2 million people.<\/p>\n<p>The fintech startup will use the funds to expand across the Middle East and launch new products, including digital asset trading.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Movement Labs Studio Raises $38 Million<\/strong><\/h2>\n<p>Movement Labs, developing an Ethereum-based L2 solution, has closed a Series A funding round of $38 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">gmove world.<\/p>\n<p>Today we are thrilled to announce our $38M Series A led by <a href=\"https:\/\/twitter.com\/polychain?ref_src=twsrc%5Etfw\">@polychain<\/a> <a href=\"https:\/\/t.co\/ZNe5XiMxAn\">pic.twitter.com\/ZNe5XiMxAn<\/a><\/p>\n<p>\u2014 Movement (@movementlabsxyz) <a href=\"https:\/\/twitter.com\/movementlabsxyz\/status\/1783511681928175791?ref_src=twsrc%5Etfw\">April 25, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by Polychain Capital with participation from Hack VC, Placeholder, Archetype, Maven 11, Robot Ventures, Figment Capital, Nomad Capital, Bankless Ventures, OKX Ventures, dao5, and Aptos Labs.<\/p>\n<p>The funds will be used to expand the team and develop the L2 solution using the Move programming language.<\/p>\n<p>The company expects the network launch to significantly increase throughput and address some vulnerabilities in Ethereum smart contracts.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Crypto Startup Aligned Layer Raises $20 Million<\/strong><\/h2>\n<p>Cryptocurrency startup Aligned Layer has closed a Series A funding round of $20 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">? A Fully Aligned Round: $20M Series A Round?<\/p>\n<p>Aligned Layer is pleased to announce a $20M fundraise led by Hack <a href=\"https:\/\/twitter.com\/hack_vc?ref_src=twsrc%5Etfw\">@hack_vc<\/a>, with support from <a href=\"https:\/\/twitter.com\/daofive?ref_src=twsrc%5Etfw\">@daofive<\/a>, <a href=\"https:\/\/twitter.com\/l2iterative?ref_src=twsrc%5Etfw\">@l2iterative<\/a>, <a href=\"https:\/\/twitter.com\/NomadCapital_io?ref_src=twsrc%5Etfw\">@NomadCapital_io<\/a>, <a href=\"https:\/\/twitter.com\/FinalityCap?ref_src=twsrc%5Etfw\">@FinalityCap<\/a>, <a href=\"https:\/\/twitter.com\/symbolicvc?ref_src=twsrc%5Etfw\">@symbolicvc<\/a>, <a href=\"https:\/\/twitter.com\/theta_bv?ref_src=twsrc%5Etfw\">@theta_bv<\/a>, <a href=\"https:\/\/twitter.com\/J17Crypto?ref_src=twsrc%5Etfw\">@J17Crypto<\/a>, <a href=\"https:\/\/twitter.com\/EVG_Ventures?ref_src=twsrc%5Etfw\">@EVG_Ventures<\/a>, <a href=\"https:\/\/twitter.com\/decimafund?ref_src=twsrc%5Etfw\">@decimafund<\/a>, GM Ventures,\u2026 <a href=\"https:\/\/t.co\/nL2ykP8tF6\">pic.twitter.com\/nL2ykP8tF6<\/a><\/p>\n<p>\u2014 Aligned Layer (@alignedlayer) <a href=\"https:\/\/twitter.com\/alignedlayer\/status\/1783413821752725525?ref_src=twsrc%5Etfw\">April 25, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was led by Hack VC with support from Everest Ventures, Symbolic Capital, Nomad Capital, Protagonist, and other venture funds.<\/p>\n<p>The funds will be used to expand operations and accelerate the development of Aligned Layer\u2019s mainnet. The project is positioned as a \u201cuniversal verification solution for Ethereum.\u201d<\/p>\n<h2 class=\"wp-block-heading\"><strong>Infrastructure Provider Turnkey Raises $15 Million<\/strong><\/h2>\n<p>Turnkey, a provider of infrastructure for cryptocurrency wallets, has closed a Series A funding round of $15 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re excited to announce that Turnkey has raised a $15m Series A, co-led by <a href=\"https:\/\/twitter.com\/FactionVC?ref_src=twsrc%5Etfw\">@FactionVC<\/a> and <a href=\"https:\/\/twitter.com\/galaxyhq?ref_src=twsrc%5Etfw\">@GalaxyHQ<\/a>!<\/p>\n<p>Turnkey is secure, scalable, and flexible wallet infrastructure. Our composable onchain primitives help developers build innovative products in crypto.<a href=\"https:\/\/t.co\/pupcQ0eHZ4\">https:\/\/t.co\/pupcQ0eHZ4<\/a> <a href=\"https:\/\/t.co\/fnurupeMzG\">pic.twitter.com\/fnurupeMzG<\/a><\/p>\n<p>\u2014 Turnkey ? (@turnkeyhq) <a href=\"https:\/\/twitter.com\/turnkeyhq\/status\/1782757851787825163?ref_src=twsrc%5Etfw\">April 23, 2024<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The round was co-led by Lightspeed Faction and Galaxy Ventures with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, Mirana Ventures, Anagram, TrueBridge, Asymmetric, Variant, and Gemini.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>\u201cTurnkey is secure, fast, and flexible wallet infrastructure at its simplest and safest level. It\u2019s a toolkit that developers can use for any crypto asset storage solutions,\u201d said Turnkey CEO Bryce Ferguson in a comment to <a href=\"https:\/\/www.coindesk.com\/tech\/2024\/04\/23\/galaxy-lightspeed-lead-15m-raise-for-turnkey-crypto-wallet-startup-from-former-coinbase-employees\/\">CoinDesk<\/a>.<\/cite><\/p><\/blockquote>\n<p>The project was founded by developers of the custodial service Coinbase Custody. The main client of the provider is the platform Alchemy, which uses the infrastructure to promote its <span data-descr=\"Wallet as a Service, wallet as a service\" class=\"old_tooltip\">WaaS<\/span> product.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Shiba Inu Team Raises $12 Million for L3 Network Development<\/strong><\/h2>\n<p>The team behind the meme cryptocurrency Shiba Inu has raised $12 million using the yet-to-be-released TREAT token, reports <a href=\"https:\/\/www.theblock.co\/post\/290068\/shiba-inu-funding-treat-token-new-blockchain\">The Block<\/a>.<\/p>\n<p>The investment was provided by Polygon Ventures, Mechanism Capital, Big Brain Holdings, Shima Capital, Animoca Brands, Morningstar Ventures, Woodstock Fund, DWF Ventures, Stake Capital, and Comma 3 Ventures.<\/p>\n<p>The funds will be used to develop a third-level (L3) network based on Shibarium, focused on privacy. TREAT will serve as both a governance and utility token for it.<\/p>\n<p>The name of the L3 network is not yet disclosed to prevent fraud. The test network launch is scheduled for the third quarter of 2024.<\/p>\n<p>Also on ForkLog:<\/p>\n<ul class=\"wp-block-list\">\n<li>Journalists <a href=\"https:\/\/forklog.com\/en\/news\/pantera-capital-seeks-1-billion-for-new-crypto-fund\">learned<\/a> about Pantera Capital\u2019s search for $1 billion for a new crypto fund.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry is increasingly attracting institutional players. This is evidenced by new investments in infrastructure and the growing attention companies are paying to Bitcoin as an asset class. ForkLog reviews the most significant events of recent weeks. Tokenization Platform Securitize Raises $47 Million from BlackRock The security token issuance technology provider Securitize has closed [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1233,1242],"class_list":["post-13221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-industry-digests","tag-institutional-bulletin"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=13221"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/13221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/13220"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=13221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=13221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=13221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}