Australian Bitcoin Company Raised $3.5 Million AUD in Funding
An Australian bitcoin company called digitalBTC was able to secure $3.5 million AUD in funding to launch its newest product, AirPocket. This will be a remittance-focused product set for beta release in June this year. The funds were garnered from a group of institutional and individual investors, as the company only sought to raise $3 million AUD initially. Increased demand resulted a larger sum of $3.5 million AUD, allowing the company to raise its holdings to more than $6 million AUD. In particular, digitalBTC holds net assets worth $6.87 million, in which over $740,000 are bitcoins and....
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Digital BTC, an Australian Bitcoin company that is publicly traded on the Australian Securities Exchange (ASX) as Digital CC Limited has secured a $3.5 million AUD funding round by a group of institutional and individual investors to launch a remittance-focused product, AirPocket. CEO and founder Zhenya Tsvetnenko specifically explained that the funds from the "investment will be used accelerate the rollout and commercialization of AirPocket in Latin America and Caribbean." The company was originally seeking for a $3 million AUD funding round, until the demand from local investors rose and....
The first fundraising in the world for an initial public offering of a Bitcoin mining company has raised 5.9 million Australian dollars, (USD $4.2 million) – falling short of its target of AUD $20 million. Based in Melbourne, the Bitcoin Group announced last week that it had raised AUD $5,927,168.40 in a bookbuild of its Australian Stock Exchange (ASX) listing. The company also announced that it was still progressing though the listing process with ASX. Even though the amount raised was less than a third of the amount it tried for, CEO of Bitcoin Group Sam Lee called it a “solid result.”....
Abu Dhabi-based fintech, Pyypl, announced on Nov. 7 that it had raised $20 million in Series B funding and this brought the total of funds raised to nearly $40 million. Pyypl has said it plans to use the recently raised funds to develop and add new features to its proprietary technology. The company further wants to assist “800 million financially underserved smartphone users” from the region through virtual and physical prepaid cards. Pyypl’s Financial Inclusion Journey Pyypl, an Abu Dhabi-based fintech, recently revealed it had raised $20 million in a Series B round, to....
Australian bitcoin miner Bitcoin Group’s official public float on the Australian Securities Exchange (ASX) fell significantly short of its goal of raising $20 million AUD. The cryptocurrency miner raised $367,902.20 AUD. Melbourne-based Bitcoin Group, a miner that has repeatedly attempted to become the world’s first publically floated Bitcoin trading company had the date of closure of its IPO on January 25. The miner offered investors 100 million shares at 20 cents per share, hoping to raise $20 million AUD. However, the miner’s book building run on the ASX, which ended Monday raised just....
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds raised will contribute to the expansion of the company with new, undisclosed partnerships reportedly on the way.
Autograph Raises $170 Million
Autograph, the NFT firm that NFL star Tom Brady co-launched last year, has raised $170 million in its latest funding round. The Series B was led by....