Gem Raises $7.1 Million in Series A to Meet Demands for Enterprise Blockchain Technology
Gem, a Venice, California-based blockchain platform provider, announced today that it had completed its Series A funding, raising $7.1 million led by Pelion Venture Partners. KEC Ventures, Blockchain Capital, Digital Currency Group, RRE Ventures, and other investors rounded out the fundraising round. “We are using the funds to grow the company to meet....
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Global bitcoin exchange Kraken has secured a multi-million dollar agreement with SBI Investment, the venture capital arm of SBI holdings, the world’s first internet-based financial conglomerate. The deal comes less than two weeks after Kraken’s acquisition of Coinsetter and Cavirtex, two of the most prominent exchanges in the U.S. and Canada. With a strong strategic partner like SBI investment, Kraken hopes to reach yet another milestone in 2016. Over the next few months, the bitcoin firm will focus on scaling its business worldwide, establishing necessary infrastructure and resources to....
Popular NFT marketplace OpenSea has announced that the platform has raised $100 millon in a Series B funding round. OpenSea Raises $100 Million, Now Supports Polygon Blockchain OpenSea is one of the biggest and most popular platforms for selling, buying, and trading NFTs. The marketplace has raised $100 million in a Series B funding round […]
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