Bitwise completed a $70 million round of funding from financial institutions and tech investors
Investors in the round include Electric Capital, Haun, ParaFi, MIT, MassMutual, Highland Capital, General Catalyst, among others. Bitwise stewards $12B in client assets, with 30+ investment solutions spanning index funds, non-custodial staking, ETFs, ETPs.
Investors in the round include Electric Capital, Haun, ParaFi, MIT, MassMutual, Highland Capital, General Catalyst, among others. Bitwise stewards $12B in client assets, with 30+ investment solutions spanning index funds, non-custodial staking, ETFs, ETPs.
SEC has dropped its investigations against Uniswap Labs
The move comes just days after the agency ended similar probes into other major players in the crypto industry, such as Coinbase, OpenSea, and Robinhood. Last April, the agency alleged that Uniswap DEX acts as Uniswap Labs’ unregistered securities exchange and broker-dealer.
The move comes just days after the agency ended similar probes into other major players in the crypto industry, such as Coinbase, OpenSea, and Robinhood. Last April, the agency alleged that Uniswap DEX acts as Uniswap Labs’ unregistered securities exchange and broker-dealer.
Raise secured $63 million in funding to build a crypto platform for gift cards
Haun Ventures led the funding round. Other investors include Paper Ventures, Selini Capital, GSR as well as Raj Gokal, the co-founder of the blockchain Solana. Latest round brings Raise's total funding to over $220 million, building on prior investments from Accel, Paypal, and others.
Haun Ventures led the funding round. Other investors include Paper Ventures, Selini Capital, GSR as well as Raj Gokal, the co-founder of the blockchain Solana. Latest round brings Raise's total funding to over $220 million, building on prior investments from Accel, Paypal, and others.
Ethernity Chain (ERN) announced its rebrand and token swap to Epic Chain (EPIC)
After a 97.1% successful DAO vote, Ethernity unveiled its transition to Epic Chain. Binance will support rebrand and remove all existing ERN spot trading pairs on March 10, 3:00 UTC and open trading for the EPIC on March 13, 8:00 UTC. The token swap will maintain the supply of 30,000,000 with a 1:1 swap ratio for the new EPIC token.
After a 97.1% successful DAO vote, Ethernity unveiled its transition to Epic Chain. Binance will support rebrand and remove all existing ERN spot trading pairs on March 10, 3:00 UTC and open trading for the EPIC on March 13, 8:00 UTC. The token swap will maintain the supply of 30,000,000 with a 1:1 swap ratio for the new EPIC token.
The biggest Fundraising Rounds conducted in February
Companies that received the most funding are Bitwise ($70M), a cryptocurrency asset advisory and management company, Raise ($50M), a digital gift card purchasing app, and HashKey Group ($30M), an end-to-end digital asset financial services group.
Companies that received the most funding are Bitwise ($70M), a cryptocurrency asset advisory and management company, Raise ($50M), a digital gift card purchasing app, and HashKey Group ($30M), an end-to-end digital asset financial services group.
Circle's USDC becomes the first dollar-pegged stablecoin approved for use in Japan
SBI VC Trade received regulatory approval from the Japan Financial Services Agency to list and distribute USDC under the country's new payments framework. The listing follows Japan's 2023 regulatory changes that permit intermediaries to handle foreign stablecoins.
SBI VC Trade received regulatory approval from the Japan Financial Services Agency to list and distribute USDC under the country's new payments framework. The listing follows Japan's 2023 regulatory changes that permit intermediaries to handle foreign stablecoins.
DoubleZero Foundation raises $28 million to expand a Global Fiber Network for blockchains
Multicoin and Dragonfly Capital co-led the $28 million token round with participation from Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, Superscrypt and Frictionless. DoubleZero aims to offer increased bandwidth and reduced latency for high-performance blockchains by leveraging fiber links from independent network contributors.
DoubleZero also announced today the launch of its permissioned testnet, which will make DoubleZero's protocol available to Solana validators and RPCs in the testing phase.
Multicoin and Dragonfly Capital co-led the $28 million token round with participation from Foundation Capital, Reciprocal Ventures, DBA, Borderless Capital, Superscrypt and Frictionless. DoubleZero aims to offer increased bandwidth and reduced latency for high-performance blockchains by leveraging fiber links from independent network contributors.
DoubleZero also announced today the launch of its permissioned testnet, which will make DoubleZero's protocol available to Solana validators and RPCs in the testing phase.