Bitcoin Mining Giant Invests $1.6 Million in Trading Platform
Beijing-based mining giant Bitmain has invested $1.6m in bitcoin-focused data and trading services provider BitKan. Bitmain was the sole investor in the Series A round, which follows an angel round investment from Lanqi Venture Capital Investment last November. Based in Shenzhen, BitKan offers bitcoin data and pricing services, and recently launched an over-the-counter (OTC) bitcoin trading service. Founded in 2013, BitKan was launched by former employees of China-based IT giant Huawei. The firm offers Google Play and iTunes apps, and the startup hopes to leverage its existing reach to....
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Beijing-based Bitcoin mining giant Bitmain announced last week that it has invested $1.6 million in BitKan, a Bitcoin data and trading services provider. According to the company, Bitmain is the sole investor in the Series A funding round after the angel round investment from Lanqi Venture Capital Investment last November. Based in Shenzen, BitKan initially offered aggregated Bitcoin news and allowed traders to buy and sell coins using its partner exchanges BTCChina, Yunbi and Bter, but the company recently started offering over-the-counter (OTC) Bitcoin trading services. Speaking to....
BitFury announced on Monday that it has invested in BitPesa, a universal payment and trading platform for the African continent, via its investment wing BitFury Capital. Why BitPesa? The platform allows individuals and businesses to send payments to and from African countries; namely, Kenya, Nigeria, Uganda, and Tanzania. BitPesa accepts Bitcoins from anywhere in the world and exchanges it for local African currencies. In addition, BitPesa offers a service to convert the local African currencies into international currencies with the use of Bitcoin, hence removing the dependence on the US....
On Wednesday, the firm Bit Mining Limited, formerly known as 500.com, announced it has entered into a binding investment in a cryptocurrency mining data center located in Texas. The binding investment worth $25 million is with Dory Creek, LLC as the two companies will construct and operate a 57.2 MW mining facility powered by 85% low-carbon energy. Bit Mining Pledges $25M to Build a Texas Mining Facility With Bitdeer The Chinese company Bit Mining Limited has been making a number of moves into the cryptocurrency mining industry after the business used to be dedicated to lottery operations.....
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds One of the largest Series B funding rounds in LATM The Softbank Latin America Fund has invested in Mercado Bitcoin’s parent company 2TM Group. The announcement....
The Barcelona FC captain has announced his official inception into the non-fungible token (NFT) industry by investing $4.3 million in the fantasy football platform Sorare. Barcelona FC Player Invests in NFT Fantasy Football Platform Sorare, Joins as Strategic Advisor According to Sifted, Gerard Piqué joined a seed extension round led by U.S.-based fund Cassius Family that brought a total seed of $8.6 million to the platform, allowing users to purchase and trade digital cards via NFT for professional footballers. Moreover, as per the company’s official announcement, the....