Bullish To Leverage Solana Stablecoins For Strategic $1.15 Billion Capital Raise
Bullish, a cryptocurrency exchange backed by venture capitalist Peter Thiel, has filed with the US Securities and Exchange Commission (SEC) to utilize Solana (SOL) stablecoins in the exchange’s latest effort to raise $1.15 billion. This announcement comes shortly after the exchange went public on the New York Stock Exchange (NYSE) under the ticker symbol BLSH, […]
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Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy in the Defi ecosystem. Solana to Raise $450 Million in Funding Round Solana, the FTX-backed, proof-of-stake coin is aiming to raise $450 million in a funding round that was set to close, but instead expanded in March, according to a report from Decrypt. The outlet, citing anonymous sources, states....
It’s a bright time for Solana, the world’s third-largest crypto. Just yesterday, Nasdaq-listed Upexi earmarked 95% of its $100M capital raise to establish a Solana treasury reserve. Also, ARK (an American investment management firm) has integrated Solana staking into two of its crypto ETFs: ARKF and ARKW. Both moves point to Solana taking its place […]
Alf protocol has lately signed several strategic partnerships with the VCs. Such partnerships will help drive the future development of the protocol. The Alf ecosystem will continue to improve with the team’s continued efforts, strategic partners, VCs, and the community working together. Alf is a protocol for capital deployment on Solana for the purposes of […]
The French cryptocurrency hardware wallet manufacturer Ledger is seeking to raise fresh new capital after raising $380 million in June 2021, according to sources familiar with the matter. The hardware wallet company Ledger is reportedly looking to raise at least $100 million from strategic investors. Crypto Hardware Wallet Manufacturer Ledger Is Reportedly Looking to Raise $100 Million in Funding According to Bloomberg, the French crypto hardware wallet manufacturer Ledger is seeking more funds after the firm’s Series C last June. At the time, Ledger raised $380 million in a finance....
The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and Three Arrows co-leading the funding. The dex platform is a Solana-based project that aims to be the “go-to swap” platform for Solana.
Solana’s Orca Gets an $18 Million Capital Raise
On Wednesday, the Solana-based decentralized finance (defi) service Orca revealed the team has raised $18 million in a Series A funding round. The investment, Orca says, will “jumpstart our path toward making Orca....