BlockFills raises $37 million to support global expansion
Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds. BlockFills, a digital asset electronic market making, trading and prime brokerage, has announced the completion of a $37 million Series A funding round.Institutional investors, including Susquehanna Private Equity Investments LLLP, CME Ventures, Simplex Ventures, C6 Ventures, and Nexo Inc., led the round. Since its inception in 2018, the firm has received a total of $44 million from institutional investors in two funding rounds.We’re excited to announce the....
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BlockFills, a Chicago‑based cryptocurrency trading and lending firm that caters to institutional investors, has temporarily halted client deposits and withdrawals following the latest sharp downturn in digital asset markets. The decision came after Bitcoin (BTC) dropped to around $60,000 last week before recovering some of its losses. A company spokesperson confirmed on Wednesday that the […]
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Crypto security firm Fireblocks said Wednesday that it has raised $30 million in a Series B funding round. The money will be used to hire new talent as well as to expand its global operations to meet “institutional and retail market demand for digital assets.” The round was led by Paradigm, with participation from Fireblocks’ existing investors – Galaxy Digital, Digital Currency Group, Cyberstarts, Tenaya Capital, Swisscom, and Cedar Hill Capital, according to a company statement. “With the new injection of capital, we will be able to continue to grow our....
BlockFills, a Chicago-based institutional crypto lender and liquidity provider, has temporarily stopped client bitcoin deposits and withdrawals after a sharp slide in Bitcoin. Related Reading: Stablecoins See Largest Conversion Spreads In Africa, Research Shows The firm told customers the move was taken “in light of recent market and financial conditions,” report say. Trading access for […]
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....