Tag: 135M

Japan’s Metaplanet to raise about $135m to buy Bitcoin

boss

Tokyo-listed Metaplanet plans to issue Class B perpetual shares worth $135 million to expand its Bitcoin reserves. Summary Metaplanet announced issuing about $135 million in shares to buy Bitcoin Class B shares will have no voting rights, but will have redemption at listing The firm currently owns 30,823 Bitcoin, worth about $2.69 billion As corporate Bitcoin adoption strengthens worldwide, one Metaplanet is taking an increasingly aggressive approach. On Thursday, November 20, the Tokyo-listed Bitcoin treasury firm announced the issuance of 23.61 million Class B Preferred Shares, valued at about $135…

SOL Strategies and Solmate Add $135M in Solana During Market Crash with 15% Discount

Key Notes SOL Strategies acquired 88,433 tokens at $193.93 average price, bringing total holdings to 435,064 SOL worth $85.9 million. Solmate Infrastructure purchased $50 million in SOL under strategic agreement that grants Foundation board nomination rights. Cathie Wood’s Ark Invest now holds 11.5% stake in Solmate after participating in oversubscribed PIPE financing round. Solana SOL $203.5 24h volatility: 0.9% Market cap: $111.35 B Vol. 24h: $14.23 B treasury strategy firms SOL Strategies and Solmate announced fresh purchases on Oct. 14, capitalizing on the recent market crash to expand their holdings…

Sam Altman’s World raises $135M from Andreessen, Bain, to expand network

boss

World, OpenAI CEO Sam Altman’s digital identification project, raised $135 million from venture capital firms Andreessen Horowitz and Bain Capital Crypto, the company said in an announcement. The capital will be used to expand World’s network of iris-scanning orbs and infrastructure in the United States, where the company said in April it would operate in six cities, and increase coverage around the globe, according to the announcement. More than 12.5 million individuals in over 160 jurisdictions have been issued a World ID, the company said. The project, which collects biometric…

Bitcoin Runes activity drops significantly, weeks after generating $135m in fees

boss

Activity on Bitcoin’s Rune protocol has dropped significantly, with data showing it reached its lowest level on May 11.  The Runes protocol has been making waves in the crypto space since its launch on April 19, coinciding with the latest Bitcoin (BTC) halving event. The protocol’s debut on April 19, which coincided with the latest Bitcoin halving, was nothing short of a blockbuster. It drove a surge in Bitcoin transaction fees, raking in a record $107 million in a single day and $135 million within the first week. However, the…

Bitcoin Runes attract $135m in fees post-halving 

boss

Nearly a week after the halving, Bitcoin Runes have achieved a milestone as observers and participants alike deliberate over the impacts of the new standard.  According to a Dune Analytics dashboard, the Runes protocol on Bitcoin (BTC) has raked in $135 million in transaction fees on the cryptocurrency’s largest blockchain. On-chain data showed that tokens issued under the standard generated more than 2,100 BTC costs within a week.  Runes fee data | Source: Dune Analytics, Cryptokoryo Casey Rodarmor, the same mind behind the Ordinals protocol, developed Bitcoin Runes to improve the…

Bitcoin pushes past $49k as crypto liquidations exceed $135m

boss

Bitcoin has gained 16% in the past week and over 15% in the last 30 days, but price volatility still rocks leveraged crypto positions across the board.  While Bitcoin (BTC) exchanged hands above $49,000 on Feb. 12 following eight consecutive green days, cryptocurrency traders experienced sweeping liquidations in the past 24 hours.  According to CoinGlass, over $135 million was eliminated from crypto markets, represented by both long and short positions. Traders take long bets when they expect higher prices and, conversely, short bets when the prediction tilts toward lower ranges.…

Crypto Media Company Blockworks Raises $12M at $135M Valuation

“For the past year, we’ve been building Blockworks Research, a powerful investment platform that brings together data, analytics, research, governance, and real-time news,” Blockworks co-founders Jason Yanowitz and Michael Ippolito wrote in an announcement post. “Financial institutions and deeply crypto-native investors rely on Blockworks Research to make better decisions. This investment allows us to double-down on this effort to bring better information to the industry.” Source

XRP Whale Withdraws Massive $135M From Binance, Bullish Signal?

boss

Data shows an XRP whale has made a massive withdrawal of $134 million from Binance, something that could prove to be bullish for the price of the crypto. Whale Transfers $135 Million In XRP Out Of Crypto Exchange Binance As per data from the crypto transaction tracker service Whale Alert, a huge XRP transfer was spotted earlier in the day. The transaction amounted to a total of 350,000,000 XRP, and was worth around $134.8 million at the time of the transfer. At the current exchange rate, this stack of coins…

Crypto exchange CoinDCX raises $135M funding to support Indian Web3

boss

Crypto exchange CoinDCX became India’s first crypto business to complete a Series D funding round, raising $135 million in support of various Web3 and crypto initiatives in the country.  The latest funding round resulted in CoinDCX doubling its valuation to $2.15 billion, which was led by Pantera and Steadview and saw participation from prominent investors including Kingsway, DraperDragon and Republic. Existing investors such as B Capital Group — a VC firm from Facebook co-founder Eduardo Saverin — Coinbase, Polychain and Cadenza also joined in on the oversubscribed funding round to…