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Africa-Focused Fintech Chipper Cash Weighs Possible Sale of Business

Africa-Focused Fintech Chipper Cash Weighs Possible Sale of BusinessOne of Africa’s fintech giants, Chipper Cash, is said to be weighing the possibility of selling the business or bringing in new investors. According to the CEO of the FTX and Silicon Valley Bank-backed fintech startup, Chipper Cash had insignificant exposure to both SVB and Signature Bank. Chipper Cash ‘Never Sought to Be Acquired’ The […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Report: Crypto Financial Services Firm Matrixport Seeks $100 Million in Funding

Report: Crypto Financial Services Firm Matrixport Seeks 0 Million in FundingCrypto firm Matrixport Technologies is reportedly seeking $100 million in funding, according to people familiar with the matter. Sources detailed that the company already secured commitments from investors for roughly $50 million, which would give Matrixport a post-valuation of $1.5 billion. Matrixport Looks to Raise $100 Million From Strategic Investors The digital asset firm and […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTXAccording to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state investor has been known to have invested in the cryptocurrency and blockchain industry for quite some […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Leading NFT Marketplace Opensea Raises $300 Million, Firm’s Post-Money Valuation Taps $13.3 Billion

Leading NFT Marketplace Opensea Raises 0 Million, Firm’s Post-Money Valuation Taps .3 BillionLeading non-fungible token (NFT) marketplace Opensea announced the firm has raised $300 million in a Series C funding round led by Paradigm and Coatue. Opensea’s latest capital raise has propelled the company to a $13.3 billion post-money valuation. Opensea Raises $300 Million, Commands Post-Money Valuation of $13.3 Billion In mid-November, a report authored by theinformation.com’s […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

African Fintech Giant Raises $150 Million in Funding Round Led by FTX, Firm Now Valued at Over $2 Billion

African Fintech Giant Raises 0 Million in Funding Round Led by FTX, Firm Now Valued at Over  BillionChipper Cash, one of Africa’s biggest fintechs, recently concluded a Series C extension funding round in which it raised $150 million, a report by Techcrunch has revealed. New Investors Participate in Latest Round According to the report, this latest funding round — which was led by Sam Bankman-Fried’s FTX — comes barely six months after […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Bitpanda Raises $263 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’

Bitpanda Raises 3 Million in Series C Finance Round, Firm Aims to ‘Double Down on Technology’Vienna-based crypto platform Bitpanda has announced the firm has secured $263 million in a Series C funding round. The financing was led by Valar Ventures and Leadblock Partners, Jump Capital, Alan Howard, and Redo Ventures joined the investment round. The latest financing gives Bitpanda an overall valuation of $4.1 billion. Crypto Unicorn Bitpanda Is Now […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Jihan Wu’s Matrixport Raises $100 Million — Singapore Startup Joins Growing List of Crypto Unicorns

Jihan Wu’s Matrixport Raises 0 Million — Singapore Startup Joins Growing List of Crypto UnicornsMatrixport, the digital currency financial services company co-founded by the former Bitmain CEO Jihan Wu, has revealed the company has raised $100 million in a Series C financing round. The funding has propelled Matrixport’s valuation to unicorn status as the firm now has a valuation of over $1 billion. Matrixport Now Valued at $1 Billion, […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

Defi Derivatives Exchange Dydx Raises $65 Million – Project Plans to ‘Launch a Mobile Application’

Defi Derivatives Exchange Dydx Raises  Million – Project Plans to ‘Launch a Mobile Application’The decentralized exchange (dex) Dydx announced the organization has raised $65 million in a Series C funding round led by Paradigm. The Dydx announcement notes that the additional capital will be leveraged to “significantly improve liquidity” on the dex platform “through the volatility of the cryptocurrency markets.” Defi Exchange Dydx Raises $65 million from Strategic […]

Spot Bitcoin ETFs surpass 220,000 BTC under management

African Fintech Start-up Chipper Cash Raises $100 Million — CEO Says No Crypto Services for Nigeria

African Fintech Start-up Chipper Cash Raises 0 Million — CEO Says No Crypto Services for NigeriaChipper Cash, an African fintech firm that specializes in facilitating cross-border payments, recently closed a $100 million Series C funding round. Taking the lead in what is now Chipper Cash‘s third fundraising round in the past twelve months is the venture capital (VC) firm, SVB Capital. The VC firm is an investment arm of U.S. […]

Spot Bitcoin ETFs surpass 220,000 BTC under management