Tag: 119M

Metaplanet Pledges $119M to Bitcoin

Key Notes Metaplanet will purchase Bitcoin directly with $107 million and allocate $12 million to Bitcoin options trading operations during December 2025 through March 2026. The preferred shares carry a 4.9% annual dividend and ¥1,000 conversion price, representing a 166.7% premium above the Nov. 19 market price of ¥375. Goldman Sachs Japan and Cantor Fitzgerald arranged the offering with participation from SMALLCAP World Fund, an $81.6 billion institutional fund. Metaplanet Inc. committed $119 million of its $151 million preferred share raise to Bitcoin-related purposes, representing 73% of the total proceeds,…

Seba Bank raises $119M in Series C funding

boss

Seba Bank, a Swiss-based digital assets banking platform regulated by the Swiss Financial Market Supervisory Authority, announced on Wednesday that it had completed a successful Series C funding round of 110 million Swiss franc, or $119 million U.S. dollars. Notable investors in the round included cryptocurrency exchange FTX, quantitative digital currency trading firm Alameda Research, decentralized finance asset management firm DeFi Technologies, and venture capital entities such as Altive, Ordway Selections and Summer Capital. The bank said it plans to use the funds to fuel international growth and drive demand from…

Digital Asset Platform SEBA Bank Raises $119M for Global Expansion

“We plan to expand into a number of new priority markets globally with this funding including the Middle East. This funding will also be used to grow our headcount across these new priority markets,” SEBA Bank CEO Guido Buehler told CoinDesk in an email. “In addition, funding will be used to drive institutional business growth through further investment in our product offering and technology.” Source