Financing
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Gryfyn Scores $7.8 Million in Financing from Prominent VCs and Angel Investors
According to reports, Crypto Managed Wallet Gryfyn completed a $7.8 million financing, with Liberty City Ventures, GameFi Ventures, Lavender Hill Capital Partners, Mind Fund, Animo
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The Struggle of First Republic Bank in Finding a Buyer
According to reports, Andrew, the founder of Crypto KOL and Twitter marked X 3, disclosed on social media that with the help of the Federal Reserve and the Treasury, First Republic
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Gaspack Secures Pre-Seed Investment Round to Promote Inclusive NFT Environment
According to reports, Gaspack, a digital creation platform based on NFT, announced the completion of a pre feed round of financing, led by eMerge and Arise, angel investor networks under MDI Ventures, and participated by venture capital firm 500 Global and blockchain ecosystem Tokoin. Gaspack was founded in 2022 to help creators create a more inclusive NFT environment to support creators and brands in the Web3 economy, and promote the decentralization of intellectual property development. At this stage, it mainly focuses on the field of digital comics. (sbr) Gaspack, a digital creation platform based on NFT, completed a pre feed round of financing Analysis based on this information:Gaspack, a digital creation platform founded in 2022 to promote a more inclusive NFT environment for creators and brands, has announced the completion of its pre-seed round of financing. The round was led by eMerge and Arise, angel investor networks under MDI Ventures, and 500 Global and blockchain ecosystem Tokoin participated in the…
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ShowMeta Completes First Round of Financing for MetaUniverse Platform
On March 16th, the ShowMeta MetaUniverse platform announced that it had completed the first round of financing on the social media platform, with a total investment of 840000 US dollars. The ShowMeta meta universe platform will enter the final round of testing to ensure the reliability and performance of the platform. Pioneer users participating in the test will receive 100000 Token rewards. ShowMeta yuan universe platform announced completion of $840000 financing Analysis based on this information:ShowMeta MetaUniverse platform recently announced that it has successfully completed the first round of financing, raising a total of $840,000. The platform developer has revealed that the funds raised will be used to enhance the reliability and performance of the platform, which will soon enter the final testing phase. It has also been announced that early testers of the platform will receive a reward of 100,000 tokens. The ShowMeta MetaUniverse platform is an exciting new social media platform that aims to connect people from around…
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Stripe Raises $6.5 Billion in Funding at a $50 Billion Valuation
According to reports on Stripe’s official website, payment giant Stripe announced a $6.5 billion financing at a valuation of $50 billion, with investors including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. Stripe completed $6.5 billion financing to provide liquidity for employees Analysis based on this information:Stripe, the payment giant, has raised $6.5 billion in financing at a valuation of $50 billion, as announced in a report on its official website. The funding round attracted several investors, including a16z, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, Thrive Capital, GIC, Goldman Sachs, and Temasek. This latest round of financing is a testament to Stripe’s innovative payment platform, which has become an essential tool for businesses of all sizes. The company’s focus on simplifying payments for its clients has been its driving force, and this has led to its growth and success. Stripe now processes billions of dollars in payments every year and…
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African Payment Platform Chipper Cash Weighs Options Including Sale or Finding New Investors
It is reported that the source revealed that the African cross-border payment platform Chipper Cash, supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, is weighing various options, including exploring the sale or finding new investors. Chipper Cash received a US $250 million financing led by FTX and SVB in 2021. FTX invested a total of US $40 million in it, and SVB owned 2% of its equity. At that time, its valuation was about US $2 billion. (Bloomberg) Chipper Cash is considering selling and has been invested by Silicon Valley Bank and FTX Analysis based on this information:Chipper Cash, the cross-border African payment platform, is reportedly exploring a range of options, including a potential sale or finding new investors. The company has been supported by the Silicon Valley Bank (SVB) and the Cryptocurrency Exchange FTX, who led a $250 million financing round in 2021. FTX invested a total of $40 million in the platform, while SVB…
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Capital Cryptowallet Infrastructure Start-Up Secures Investment from Andreessen Horowitz and Others
It is reported that Capital, a cryptowallet infrastructure start-up, completed an unknown amount of financing, with Andreessen Horowitz (through its accelerator Crypto Startup School) and Geometry co-leading the investment, and Diogo Monica and Nathan McCauley, co-founders of Spice Capital and Anchorage, Rene Reinsberg and Marek Olszewski, co-founders of Celo, and Zaki Manian, co-founder of Sommerier Finance, participating in the investment. A16z’s CSS accelerator program usually invests $500000 in participating startups in exchange for 7% equity. (The Block) Cryptowallet infrastructure start-up Capsule completes financing of unknown amount Analysis based on this information:Capital, a blockchain infrastructure start-up that provides a secure and user-friendly solution for managing digital assets, has reportedly raised undisclosed funding. The investment round was led by Andreessen Horowitz, a leading venture capital firm, through its Crypto Startup School accelerator program. Geometry, a Singapore-based investment firm, also participated in the funding round. Co-founders of Spice Capital and Anchorage, Diogo Monica and Nathan McCauley, Celo co-founders Rene Reinsberg and Marek Olszewski,…
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CNHC Group Defaults on Finance Round
According to reports, the stable currency issuer CNHC Group completed a US $10 million A+round of financing. KuCoin Ventures led the investment, with other investors including Circle and IDG Capital. According to CNHC co founder Joy Cham, it is currently issued on the Ethereum and Conflux blockchains, with a total supply of approximately 15 million tokens (worth approximately $2 million). Tether’s CNHT currently has a total supply of approximately 20 million tokens. Stable currency issuer CNHC Group completed a US $10 million A+round financing Analysis based on this information:The news report indicates that the stable currency issuer CNHC Group has successfully concluded a $10 million A+ round of financing. It has emerged that the investment round was led by KuCoin Ventures, with Circle and IDG Capital also participating in the funding. According to Joy Cham, co-founder of CNHC, the stable currency token is currently issued on the Ethereum and Conflux blockchains, with a total supply of around 15 million tokens…
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Alex Raises $2.5M Strategic Funding to Expand Decentralized Finance Ecosystem
It is reported that Alex, the decentralized exchange of Bitcoin, completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. In addition to decentralized exchanges, Alex also provides pledge, income agriculture and start-up board services. The funds raised this time will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. Alex, the Bitcoin Decentralized Exchange, completed the financing of US $2.5 million Analysis based on this information:Alex, the decentralized exchange of Bitcoin, announced that it recently secured a strategic funding round of US $2.5 million, with participation from Trust Machines and Gossamer Capital. The funds will be used to continue to establish decentralized finance (DeFi) in the Bitcoin ecosystem and expand user communities. Alex, founded in 2019, provides several DeFi services, including decentralized exchanges, pledge, income agriculture, and start-up board services. Through its platform, users can securely trade and invest in cryptocurrencies without the…
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South Korean K-Pop Company Afun Interactive Secures $5.3M Bridge Financing with Shinhan Asset Management
On March 13, the South Korean “virtual K-pop” yuan universe company Afun Interactive announced that it had completed a round A bridge financing of 7 billion won (about US $5.3 million), and Shinhan Asset Management participated in the investment. The company raised 10 billion won (about US $7.6 million) in the previous round A financing. At that time, the investors included CJ Investment, Company K Partners and CJ ENM. Afun Interactive, a company of Yuan Universe, completed the financing of round A bridge of US $5.3 million Analysis based on this information:Afun Interactive, the South Korean company that pioneers virtual K-Pop, has announced that it has completed a round A bridge financing of 7 billion won or approximately US $5.3 million, with Shinhan Asset Management contributing to the investment. The company, which raised 10 billion won or US $7.6 million in the previous round of financing, included CJ Investment, Company K Partners, and CJ ENM as investors. K-Pop, which stands…
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Vantage Secures $21 Million in Round A Financing to Expand Cloud Infrastructure Services
It is reported that Vantage, a cloud infrastructure start-up, announced the completion of a round A financing of US $21 million, led by Scale Venture Partners,…
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Encrypted Games See Record High Financing in February
On March 9, Delphi Digital reported that in February this year, the financing of encrypted games increased by 79% to $141.4 million.
Data: In February,…
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Mauve secures $15M in financing for decentralized exchange
It is reported that Mauve, the decentralized exchange, completed a financing of US $15 million, with Brevan Howard, Coinbase Ventures, BlueYard Capital, Balder…
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Polkastarter reports zkSync, an Ethereum two-layer network, has reached $65 million TVL
It is reported that the decentralized start-up platform Polkastarter said on social media that the TVL of zkSync, an Ethereum two-layer network based on ZK Rol…
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Toku Raises $20 Million in First Round of Financing
It is reported that Toku, a crypto compensation compliance company, completed the first round of financing of US $20 million, with investors including Blockcha…
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Sanjian Capital Founders’ Financing Boosts Rook’s Trading Activity and Token Price
It is reported that the trading activity of the liquidity agreement Rook has surged, and its token (ROOK) has risen by 23%, due to the news that Zhu Su and Kyl…
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Tangle raises $4 million to bring metauniverse to remote work using AI technology
It is reported that Tangle, the YuanUniverse workspace platform, announced the completion of a financing of US $4 million, with Qualcomm Ventures, March Gaming…
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Beliver Raises $55 Million in Financing
It is reported that the game start-up company Beliver founded by Michael Chow and Steven Snow, the former executives of the Bitcoin mining company Riot, comple…
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OPNX Completes Financing Transactions but Investors Remain a Mystery
It is reported that according to DefiIgnas, a researcher at DeFi, the public market OPNX for encryption claims trading and derivatives founded by Zhu Su, found…
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Rebel Girls secures $8 million in funding to explore metauniverse platform
It is reported that Rebel Girls, a female content brand, has completed a financing of US $8 million. The publishing giant Penguin Random House led the investme…