Finoa Secures $15 Million in Strategic Funding for Its Crypto Services
Finoa, a European crypto custodian and staking provider, has secured $15 million in a strategic funding round co-led by Maven 11 and Balderton. The round reflects the company’s growth and profitability amid challenging market conditions and its plans to expand its service offerings. Finoa initially aimed to secure $5 to $6 million from its existing […]
KuCoin leads $10M funding round for CNHC
KuCoin, Circle’s investment arm has led a funding round for Chinese stablecoin issuer and blockchain-based payment service provider CNHC. KuCoin Ventures has led an investment of $10 million for CNHC, a stablecoin issuer, and blockchain-based payment service provider. KuCoin Ventures revealed on March 16 that key industry investors, including KuCoin investor IDG Capital and Circle […]
FTX in Discussions for Up to $1B Capital Raise at $32B Valuation
The massive exchange is raising capital in order to contemplate acquisitions. The company saw a $400 million capital raise in the Series C round in January. The well-known cryptocurrency exchange FTX, which is run by Sam Bankman-Fried, is reportedly in talks to raise $1 billion in a fresh investment round to lift its valuation to […]
Integral Raises $8.5M in First Round of Funding
There were some big names in the crypto industry among the investors, like people from Coinbase, Anchorage, and Dapper Labs. Integral, a company that makes a platform for real-time accounting, said Tuesday that it had closed an $8.5 million funding round led by Electric Capital. The money was the first time the company had been […]
Synquote Raises $2.8M From Initialized, Polygon
The company will try to add more tokens that don’t usually have markets for trading derivatives contracts to its platform. Synquote, a company that makes a platform for trading derivatives contracts in tokens that don’t usually have such markets, just closed a $2.8 million seed funding round. The round was led by Initialized Capital. Synquote, […]