Partior Secures $80M in Series B Funding with Deutsche Bank Backing
Deutsche Bank joins other investors such as Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek, and Valor Capital Group. German banking giant Deutsche Bank participated in the second Series B funding round for blockchain firm Partior, pushing the total raised in the round to $80 million. Partior, founded in 2021, launched its […]
SoftBank Group Invests $1.5B in OpenAI
SoftBank Group has invested $1.5 billion in OpenAI, the artificial intelligence company that developed ChatGPT. The tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares The offer will allow OpenAI employees to redeem restricted stock units at a rate of $210 per share, enabling them and their stakeholders to […]
Standard Chartered’s Crypto Custodian Zodia To Raise $50Million
Zodia, backed by several financial firms, plans to raise $50 million to reach out to more diverse investors. Zodia Custody, the institutional crypto custody platform partly owned by Standard Chartered, is set to scale its global operations through new funding. CEO Julian Sawyer revealed plans to raise $50 million to expand services and launch new […]
Crypto PAC Targets Wisconsin with Final Media Buys Ahead of US Election Day
The Fairshake PAC disclosed to the FEC that it spent more than $760,000 on a media buy to support Wisconsin Representative Bryan Steil, running for reelection in 2024. The cryptocurrency-backed political action committee (PAC) Fairshake has announced one of its last expenses ahead of Election Day in the United States, supporting a Republican candidate in Wisconsin. […]
Blockstream Secures $210M to Drive Layer-2 Growth
Blockstream has raised $210 million in convertible note funding to bolster its Bitcoin operations and to buy BTC ahead of the next market cycle. According to the Bitcoin infrastructure firm , the funding will help accelerate the company’s layer-2 products. In a news release, Blockstream also intended to utilize a portion of the funds to […]