Tag: 115M

Blockchain Capital fuels Worldcoin with $115m

Worldcoin, an ambitious crypto project co-founded by OpenAI CEO Sam Altman, has received a significant financial boost with the latest funding round. On May 25, the technology company behind Worldcoin, Tools for Humanity, announced an influx of $115 million in series C funding led by Blockchain Capital, marking a crucial step in the project’s journey.  Source: ICO drops on Twitter The latest funding round follows a successful raise of $100 million at a $3 billion valuation in March 2022, testifying to Worldcoin’s continued appeal despite the ongoing bear market in…

OpenAI’s Sam Altman Secures $115M in Funding for Worldcoin Project

Tools of Humanity, the company behind the Worldcoin project, said that the capital raised shall go towards boosting research, growth and other development efforts for the project. Sam Altman, the chief executive of has recently secured $115 million in fresh Series C funding for the Worldcoin project. Blockchain Capital led the recent funding round along with other investors such as a16z, Bain Capital Crypto, and Distributed Global. Back in 2019, Sam Altman co-founded Worldcoin with the goal of offering digital ID to everyone on the planet. Worldcoin is a decentralized…

One-third of estimated 115M Indian crypto users concerned about regulations

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India is now home to an estimated 115 million cryptocurrency investors despite a historically negative attitude towards the sector from the government, according to new data. The latest gauge on the number of users in India comes from cryptocurrency exchange KuCoin, which released the findings of its ‘Into The Cryptoverse India Report’ survey on Aug. 23. The estimated 115 million crypto users represent around 15% of the Indian population aged between 18 and 60. A key highlight was the 33% of survey takers concerned by ambiguous government regulations that could…

Crypto focused SPAC raises $115M in Nasdaq IPO

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Aura FAT Projects Acquisition Corp. (AFARU), a special purpose acquisition company (SPAC), has closed its IPO on Nasdaq and raised $115 million, with a focus on crypto industry assets. The Cayman Islands-incorporated SPAC raised an impressive $100 million during its April 13 initial public offering (IPO) plus an over-allotment of $15 million, bringing its total to $115 million according to an announcement from the firm on April 19. It also has funding from sponsorships with Singapore-based financial services firms Aura Group and Fat projects. The SPAC’s website states that it…

Binance to spend $115M in France to develop European crypto ecosystem

Global crypto exchange Binance is starting a 100-million euro ($115 million) initiative to develop the blockchain and crypto ecosystem in France and Europe, Binance CEO Changpeng “CZ” Zhao announced in a talk with French Minister Cédric O at the French Ministry of Finance in Paris. Binance is launching the new initiative, officially named “Objective Moon,” in partnership with the local financial technology association France FinTech. The association will help Binance connect and work with the local fintech sector, a Binance spokesperson told Cointelegraph. According to the announcement, Objective Moon would see…

Celsius Acquiring Israeli Cybersecurity Company GK8 for $115M

Cryptocurrency lender Celsius Network is acquiring Israeli cybersecurity company GK8, the company announced Monday. GK8 was founded by Lior Lamesh and Shahar Shamai, who have worked as cybersecurity experts at the office of the Prime Minister of Israel. Celsius and GK8 will now provide an enterprise-grade custody platform for banks and financial institutions offering digital asset services protection from cyber attacks. GK8 serves banks, financial institutions, crypto exchanges or platforms, central bank digital currency (CBDC) projects, family offices and hedge funds. In September, Celsius Network received a cease-and-desist order from…

Biconomy Raises $11.5M in Public Sale of Native Token BICO

Multi-chain transaction network Biconomy has raised $11.5 million through the public sale of its native token BICO on CoinList. Biconomy, which raised $9 million in July from investors including Coinbase Ventures and Huobi Innovation Labs, follows projects such as Solana, Mina, Algorand and Flow in turning to CoinList to help sell their native tokens. The sale added 12,000 new token holders, having attracted more than 860,000 registrations, Biconomy announced Thursday. Biconomy aims to make developing decentralized apps (dapps) relatively easy by offering plug and play application programming interfaces (APIs) that…

Biconomy raises $11.5M through CoinList token sale

Multichain transaction network Biconomy has concluded a public token sale of its BICO cryptocurrency, onboarding more than 12,500 new tokenholders in the process, the company announced Thursday.  The public sale, which was facilitated by token listing platform CoinList, raised a cumulative $11.5 million. More than 850,000 people registered for the sale, which was the largest waitlist on CoinList to date. The sale took place on Oct. 14 via two options of 40 million and 10 million BICO tokens. BICO will be used to power Biconomy’s ecosystem as it vies to…