SBI and Kraken Announce Multi-Million Dollar Deal
Just after its big merger with North American Bitcoin exchanges, Coinsetter and Cavirtex, Kraken has announced a multi-million dollar deal with the leading Japanese firm SBI Investment. The $2 billion dollar venture capital conglomerate will lead Kraken’s series B investment round. Today the global Bitcoin exchange Kraken has joined forces with SBI....
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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....
Bitcoin Exchange Kraken Lands Multi-million Dollar Investment from Japanese Venture Capital Firm SBI
Bitcoin exchange Kraken announced a multi-million dollar agreement with SBI Investment, one of Japan’s leading and most respected venture capital firms, to invest in and lead the Series B round of financing in Kraken. SBI Investment is the venture capital arm of SBI Holdings, the world’s first Internet-based financial conglomerate. The terms of the deal were not disclosed. SBI Investment is a unit of SBI Holdings, an Internet-based financial conglomerate with operating revenues of more than $2 billion in 2015 and operating income of around $570 million. The SBI Group consists of 208....
Less than a year after signing a new club deal with PSG that included club fan tokens, international sports star Lionel Messi has signed a major multi-year, $20 million deal with fan token platform Socios. It’s the latest in athlete engagement in crypto to make major headlines, after North American sports stars like Steph Curry, […]
EPL giant, Manchester United is set to announce a partnership with blockchain platform, Tezos, and Baby Doge has struck a deal with a German professional football team to develop NFTs. Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos.First reported by The Athletic, the deal is apparently in excess of $27 million per year, allowing Tezos to place its logo on the team's training uniform. Manchester United have reportedly finalized filming promotional....
On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will Change the Organizations’ Name to ‘TSM FTX’ FTX Exchange has acquired another naming deal after the recent arrangement with the Miami Heat’s arena in Florida. According to the exchange, the company has entered a multi-year partnership with the esports organization TSM for....