Crypto investment product firm 21.co raises $25M to reach $2B valuation
Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters. 21.co, the new parent firm of exchange-traded products (ETP) provider 21Shares, has become “Switzerland's largest crypto unicorn,“ the firm announced on Tuesday.It raised $25 million in a funding round led by London-based hedge fund Marshall Wace. The new funding brings the firm's valuation to $2 billion.21.co is designed to unite 21Shares with third-party token provider Amun and other upcoming crypto projects aiming to build bridges into the crypto....
Related News
On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brings the U.S.-based trading platform’s post valuation to $8 billion. FTX US Reveals $400 Million Capital Raise, Firm Aims to Expand Staff to ‘100-Strong’ Following parent company FTX raising $420.69 million three months ago, the U.S.-based trading platform FTX US announced it has raised $400 million in a Series A funding round. The Chicago-based FTX US....
The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions. Cryptocurrency individual retirement account and 401(k) provider iTrustCapital said it had raised $125 million in a growth equity investment, making its valuation reach $1.3 billion.In a Wednesday announcement, iTrustCapital said it had completed a $125 million Series A growth equity investment led by New York-based VC firm Left Lane Capital. The company said it planned to use the funds for expanding its existing product and service line in....
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion.
Animoca Brands Raises $358 Million in Financing Led by Liberty City Ventures, Blockchain Company Has Pre-Money Valuation of $5 Billion
The firm Animoca Brands is a global developer utilizing popular brands,....
PRESS RELEASE. Crypto payments startup Eligma has announced it recently completed a new funding round of €4 million at a €50 million valuation. The latest investment was funded by Roger Ver through Bitcoin.com, and was mainly initiated due to Eligma’s ongoing efforts to comply with any and all regulations. This approach to regulations has made it possible for Eligma to connect with the largest processors in the world and, through such partnerships, offer a unique combined solution of processing any payments (card payments, other digital payments and of course crypto....
Blockchain.com has secured a staggering $14 billion valuation after raising an undisclosed amount in funding from global VC firms. Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion.According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned for its early involvement in growth stocks such as Tesla. The funding round — which is yet to be publicly confirmed by Blockchain.com or the investors — reportedly....