Kraken Secures $500 Million In Latest Funding Round, Boosting Valuation To $15B
US-based cryptocurrency exchange Kraken, has successfully closed a $500 million funding round, achieving a valuation of $15 billion, as reported by Fortune. This significant milestone comes as the company gears up for its anticipated initial public offering (IPO), which is expected to take place next year. Kraken’s Valuation Rises To $15 Billion In July, The […]
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The Singapore-based Cabital digital assets institution has received a significant boost following the successful conclusion of its seed funding round. The fundraising round witnessed marquee investors led by SIG, Dragonfly and GSR infuse $4 million in working capital, effectively pushing the company’s valuation to $40 million. The influx of fresh funds into the company will […]
Speaking on the latest funding round which sees Reddit at a valuation of $10 billion, Steve Huffman, co-founder and chief executive stated tentative plans for the firm to go public. Popular social media platform Reddit has gained $4 billion in value since its last funding round earlier this year in February.Six months ago the firm raised $250 million in Series E funding at a valuation of $6 billion. In the latest move, Reddit announced a Series F funding round on Aug. 12 — which is being led by Fidelity Management and Research Company LLC and is expected to close at around $700 million....
Animoca has raised $65 million in its latest funding round, with more than 43.8 million of newly issued shares to be distributed to investors at a price of $1.51 per share. NFT-game and virtual property developer Animoca Brands has doubled its valuation to $2.2 billion after closing a new funding round that fetched $65 million. The latest funding round was conducted at a pre-money valuation of $2.2 billion, and included backing from gaming giants Ubisoft Entertainment along with Liberty City Ventures, Sequoia China, Dragonfly Capital to name a few.It’s more vindication for a company that....
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status. Unstoppable Domains Joins the Growing List of Crypto Unicorns, Raising $65 Million Unstoppable Domains, the company that’s issued more than 2.5 million non-fungible token (NFT) domains, revealed it has closed $65 million in a Series A funding round at a $1 billion valuation. The....
Moonpay, a cryptocurrency payments service provider, has raised $555 million during its first funding round. Led by Tiger Global Management, this series A funding round propelled the valuation of the company to $3.4 billion, which will be used for expansion endeavors. The fiat-to-crypto ramp that Moonpay provides is key to several hundred wallets and services for onboarding users with fiat currency.
Moonpay Snags $3.4 Billion Valuation
Moonpay, a startup that specializes in processing payments to purchase cryptocurrencies, has raised $555 million in its first financing round. The....