Bitcoin Security Company BitGo Raises $12 Million in Series A Financing
Bitcoin security platform BitGo announced on Monday that it has raised a whopping $12 million in a Series A financing round led by Redpoint Ventures of Silicon Valley. Previous investors in the company include Bridgescale Partners, Jeff Skoll, Bill Lee, and Eric Hahn also participated in the round. New investors that also participated include Radar Partners, Founders Fund, Bitcoin Opportunity Corp. (headed by Barry Silbert of SecondMarket), Liberty City Ventures, Crypto Currency Partners, Ashton Kutcher and Guy Oseary's A-GRade Investments, and a number of others. An impressive list....
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Following the company’s subsidiary FTX US raising funds in its first Series A financing round, parent company FTX Trading Ltd. has announced it has secured $400 million in a Series C fundraise. The crypto company’s latest financing round brings the firm’s post-money valuation to $32 billion.
FTX Series C Fundraise Brings Firm’s Valuation to $32 Billion
FTX Trading Ltd. has raised $400 million in a Series C fundraising round according to an announcement on Monday. The fundraise follows the firm’s Series B at the end of July last year and Series....
1inch Network, the decentralized exchange (dex) aggregation project, has announced the company has raised $175 million in a Series B financing round. According to the announcement, the fresh new capital will be leveraged to scale the team, foster additional 1inch token utilities, and build new protocols. 1inch Raises $175 Million From Strategic Investors Over the last year, decentralized finance (defi) has propelled itself into the spotlight as a great number of dex platforms now provide users with the ability to trade and provide liquidity in a decentralized fashion. 1inch Network....
Multi-sig wallet provider BitGo has announced a series of updates, enabling consumers to access security controls previously limited to enterprises. The bitcoin security company has now added multi-user bitcoin wallets, a series of risk controls including spending limits and the ability to 'whitelist' bitcoin addresses. The user upgrade has also seen the addition of "key features requested by enterprise customers", including secure wallet sharing, address labelling and advanced auditing capabilities. Will O'Brien, CEO at BitGo, said: "BitGo's mission is to secure the world's bitcoin and we....
Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster Gaming Studio On Monday, the blockchain company Immutable revealed it raised $200 million from investors in a Series C funding round. The financing was led by Temasek alongside other participants including Tencent, Animoca Brands,....
Certik, a Web3 and blockchain auditing and security firm, has raised $88 million in its recent B3 funding round. The round, which was led by Tiger Global and included Goldman Sachs as an investor in the firm, gives the company a valuation of $2 billion. This doubles the valuation that Certik reached via its last funding round in November 2021.
Certik Reaches $2 Billion Valuation
Certik, a blockchain auditing firm, has closed its Series B3 financing round with a significant increase in investments. The company raised $88 million, with Tiger Global, Insight Partners, and Advent....