The round, led by alternative investment firm Marshall Wace, comes as the crypto market faces what some observers are calling a crypto winter. The total cryptocurrency market cap has slumped to less than $1 trillion from about $3 trillion in November and bitcoin, the largest cryptocurrency, has dropped 59% this year. Firms grappling with lower cryptocurrency prices have been forced to cut costs, with casualties including investment fund Three Arrows Capital and lender Celsius Network.
Related posts
-
Is Rollblock the crypto to lead the 2025 bull run? XRP & SOL
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks
Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial... -
Could new crypto Rollblock 100x Like Shiba Inu and Dogecoin?
Disclosure: This article does not represent investment advice. The content and materials featured on this page...