Search Results for "capital market firms"
Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"
CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.
Venture Capital Company Benchmark to Pump $50 Million into Ethereum-Based Fantasy Football Platform Sorare
Benchmark, a venture capital company that earlier backed Ebay Inc., Twitter Inc., and Uber Technologies, plans to invest a whopping $50 million into Ethereum-powered fantasy football platform Sorare.
PayPal Co-Founder Peter Thiel Injects $30 Million into Crypto Firm BlockFi to Improve Cash Flow and Expand Product Lines
The series B offering was led by Valar Ventures, which is a venture capital company backed by PayPal co-founder Peter Theil. Other investors in the offering round included Winklevoss Capital, Avon Ventures, Morgan Creek Digital, CMT Digital, PJC, and Akuna Capital. New investors included Purple Arch Ventures, Arrington XRP Capital, Kenetic Capital, HashKey Capital, and Castle Island Ventures.
JPMorgan to Launch Investment “Basket” Tied to 11 Crypto-Focused Firms including MicroStrategy, Square, and Nvidia
JPMorgan has filed a request with the Securities and Exchange Commission to approve a debt instrument linked to 11 firms that have all invested in Bitcoin and other cryptocurrencies.
Ethereum 2.0 Rival Raises $21.6M Round Led by Andreessen Horowitz for Web-Scale Decentralized Application Platform
Decentralized applications startup Near Inc announced $21.6 million tokens raised led by venture capital firm Andreessen Horowitz (a16z). Joined by other investment firms, including Libertus, Animal Ventures, Notation Capital, Blockchange, Pantera Capital, and Distribution Global, the token sale is the network’s second funding, following a $12.1 million round last July.
Chainalysis Secures $13M From Ribbit Capital and Sound Ventures, Continuing to Fuel Crypto Adoption
Chainalysis announced that it has secured an additional $13 million in a strategic investment from Ribbit Capital and Sound Ventures during its Series B investment round, taking its total to $49 million.
The Nascent Primary Market of Security Token Offerings
Now that the ICO market bubble ebbed away security token offerings (STOs) have emerged, allowing investment in regulated securities recorded on a blockchain according to new research from the Oxford Faculty of Law
Brock Pierce and Blockchain Capital Sue Florida-Based Company for Copyright Infringement
Brock Pierce and his business partners are suing Blockchain Capital Management LLC (BCM) for copyright infringement.
Pantera Capital CEO Dan Morehead Predicts Bitcoin Price Rebound Despite Slow Economic Recovery
In an investor letter, Dan Morehead Pantera Capital CEO explained why the current market environment could be a boom for Bitcoin as investors seek new opportunities.
Billion-Dollar Firm MicroStrategy Invests $250 Million in Bitcoin as Part of New Capital Allocation Strategy
Publicly-traded billion-dollar software firm MicroStrategy announced its new capital allocation investment strategy — with a purchase of 21,454 Bitcoins. MicroStrategy is the largest independent publicly-traded business intelligence firm used by many of the Fortune Global 500 brands.
India's Largest Crypto Exchange CoinDCX Raises $2.5 Million in New Growth Capital to Increase User Base
CoinDCX, India’s largest crypto exchange, has announced that it has raised $2.5 million from investors like Polychain Capital and Coinbase Ventures. Polychain Capital led the funding round with support from Coinbase Ventures, the investment arm of the US cryptocurrency exchange Coinbase. CoinDCX had raised a $3 million Series A round earlier in March, which was also led by Polychain Capital and included HDT Group (operator of BitMEX) and Bain Capital Ventures. The company’s other main investor, Coinbase Ventures, has also made investments in other crypto businesses like BlockFi, Messari, Compound, Securitize, and Etherscan.
Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.