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Tag Archives: Raises

Crypto Porfolio Managment App Blockfolio Raises $11.5 Million

Crypto portfolio tracker Blockfolio has raised $11.5 million in a round of fundraising led by prolific cryptocurrency focused hedge funds Pantera Capital.  Pantera Capital has maintained a positive outlook for cryptocurrency for a while. The investment firm, led by its CEO and chief investment officer Dan Morehead recently invested in market prediction platform Augur, an open source P2P oracle and ...

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Bitcoin Startup ACINQ Raises $1.7 Million to Grow the Lightning Network

French bitcoin startup ACINQ has closed $1.7 million in seed funding to aid its development of the tools and services necessary to help the Lightning Network (LN) experience mass adoption. Lightning Network Developer Closes Seed Round According to the announcement, the Series Seed round was led by venture capital firm Serena, with participation from Bertrand Diard, Sébastien Lucas, bitcoin trader ...

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Swiss Startup Raises Over $100 Million to Build Crypto Bank

A Swiss startup has raised $104 million in funding to build a regulated crypto bank. Zug-headquartered Seba Crypto AG said it netted 100 million Swiss Francs from private and institutional investors. Backed by two former UBS managers Guido Buehler as CEO and Andreas Amschwand as chairman, Seba is now seeking regulatory approval from Finma to offer traditional and crypto banking services. ...

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Swiss Startup Raises $103 Million to Launch Cryptocurrency Bank

Switzerland-based startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to set up a bank offering cryptocurrency-related services, Reuters reported September 26. SEBA is reportedly headed by former UBS bankers — Guido Buehler as chief executive and Andreas Amschwand as chairman — and plans to apply for a banking and securities dealer license from Swiss financial market ...

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Crypto Exchange Offering CFTC-Regulated Derivatives Raises $15 Million in Funding Round

Boston-based alternative investment firm Bain Capital Ventures has led a $15 million funding round for an institutional cryptocurrency exchange Seed CX, according to an official announcement published September 12. Seed CX is a Bain Capital Ventures backed, licensed digital asset exchange for both spot market and U.S. Commodities and Futures Trading Commission(CFTC)-regulated derivatives. Per the announcement, Seed CX’s total funding ...

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Is Wright Wrong, Ethereum Block Reward Cut and Big Raises: This Week in Crypto

Make sure you check out our previous edition here, now let’s go over what happened in crypto this week. Also, make sure you subscribe for this weeks edition of The CCN Podcast on iTunes, TuneIn, Stitcher, Google Play Music, Spotify, Soundcloud, Youtube or wherever you get your podcasts. Price Watch: Bitcoin is up 7.15%  to $7,200 after fluctuating just below the $7,000 mark last Sunday before finally breaking it on Tuesday. The price ...

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Dfinity Raises $102 Million in Investment Round to Disrupt Cloud Space

Dfinity, a distributed ledger technology start-up dubbed the “world computer,” has announced it has raised $102 million in an investment round led by venture capitalist firm Andreessen Horowitz. Decentralized Cloud Startup Dfinity Raises $102 Million to Develop Cloud 3.0 Based in Zug, Switzerland, aka ‘Crypto Valley‘, Dfinity’s value proposition includes the development of a decentralized “internet computer that will become the ...

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Cryptocurrency Startup Dfinity Raises $102 Million for ‘Internet Computer’

Cryptocurrency startup Dfinity has raised another $102 million to fund the development of its “world computer,” bringing its total capital intake to nearly $200 million. Announced on Wednesday, the funding round was led by a16z crypto, Andreessen Horowitz’s dedicated cryptocurrency fund, and crypto hedge fund Polychain Capital. The two firms were also joint leaders in Dfinity’s most recent funding round, ...

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