The acquisition will expand Fireblocks’ capabilities in tokenization including token customization, orchestration, distribution and advisory. Source
Fireblocks Acquires Tokenization Firm BlockFold for $10M
Tag: Firm
AI Firm AlphaSense Raises $150M in Series E Funding Round at Valuation of $2.5B
Earlier this year, AlphaSense closed a Series D funding round with $100 million. AlphaSense, an artificial intelligence (AI) company with years of experience in developing products that are used by the majority of S&P 500 companies, has announced the closure of a Series E funding round with $150 million secured at a total valuation of about $2.5 billion. According to the announcement, AlphaSense’s series E funding round was led by Bond, a global technology investment firm, with notable participation from Alphabet Inc (NASDAQ: GOOGL) backed CapitalG, Viking Global Investors, and…
Google and Goldman Sachs-backed AI firm AlphaSense raises $150M at $2.5B valuation
AlphaSense, a business-to-business artificial intelligence (AI) platform specializing in business intelligence and search, announced the successful completion of a $150 million Series E funding round led by Bond and joined by Google parent company Alphabet’s investment arm, CapitalG, as well as Goldman Sachs and Viking Global. The latest round saw the company’s valuation grow from $1.7 billion, its value upon raising $225 million during its Series D in June of 2023, to $2.5 billion. Today, we are incredibly proud to announce a $150M Series E funding round led by the…
Research Firm Reveals Its “Altcoin Trading Playbook”
A research firm has revealed an altcoin trading playbook that could serve as a guide for navigating the next cryptocurrency bull run. K33 Research Shares Its Altcoin Trading Playbook In a new post on X, K33 Research (formerly Arcane Research) explained that new altcoins make better trades than old ones. The firm has given a few reasons for why this is so. “In lack of price-driving fundamentals, the narratives and liquidity matter,” explains the research organization. “And new coins generally outperform old coins.” K33 Research has used the example of…
Metaverse firm, Improbable, changes tact after slashing losses by 85%
Improbable, a London-based metaverse company, has shifted its focus from virtual experiences for video games and defense to becoming a “venture builder” after cutting losses by 85%. In a press release on Tuesday, Sep. 26, the firm said it would focus on the “metaversal experiences” development and venture building, supported by an experimentation arm, Improbable Labs. In 2022, Improbable reduced its losses by 85%, from £131 million (~$159 million) to £19 million (~$23 million). Over the past year, the company grew its revenue by 2.6x to £78 million (~$95 million). “The focus…
Circle Expands Euro Stablecoin (EURC) to Stellar (XLM) Blockchain, Crypto Payments Firm Ripio Adds Support
“The launch of EURC on Stellar has the potential to radically enhance European remittance corridors, cross-border payments, treasury management and aid disbursement,” Rachel Mayer, Circle’s vice president of product management, said in a statement. Source
Crypto firm claiming $1.4B in trades on CMC flashes reportedly fake license data
A number of cryptocurrency platforms reporting billions of dollars in daily trades on CoinMarketCap appear to have been misleading their customers about holding certain crypto licenses, an investigation by Cointelegraph has found. Bitspay, a crypto exchange that reports a $1.4 billion daily trading volume on CoinMarketCap, claimed it held a license in Estonia, and is regulated under Estonian law. However, after Cointelegraph reached out with questions about this license, the company swiftly erased its reportedly fake license data. At the time of writing, Bitspay is the fourth-largest crypto exchange by…
Princess Diana’s law firm to file a lawsuit against OneCoin
The British law firm that represented Diana, Princess of Wales, is now going after OneCoin masterminds. Mishcon de Reya, a London-headquartered international law firm, is about to file a class-action lawsuit on behalf of OneCoin investors who suffered losses as a result of the crypto fraud. In a press release published on Monday, Sept. 25, the firm said that a civil claim would be brought in London’s High Court in an effort to “recover for investors the losses they suffered at the hands of those who perpetrated the fraud.” Mishcon…
Crypto investment firm CoinShares opens hedge fund division for US investors
Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate. CoinShares officially announced the news on Sept. 22, stating that the firm will roll out its offerings for qualified U.S. investors for the first time ever. The new division, called CoinShares Hedge Fund Solutions, is the company’s response to the growing demand for products based on cryptocurrencies like Bitcoin (BTC). For the first time, CoinShares will be making its offerings accessible to qualified U.S. investors through a…
Investment Firm Founder Has An Important Message For Bitcoin Holders
SkyBridge Capital founder Anthony Scaramucci recently shared positive views on the flagship cryptocurrency, Bitcoin, which could provide some comfort to BTC holders as the bear market lingers. Scaramucci Says HODL Bitcoin According to a report by Business Insider, the investment firm founder advised Bitcoin holders not to sell their BTC as they already made it through the winter. Interestingly, he mentioned that the worst of the bear market is over. Despite this being a bold assertion, there is evidence to suggest that he might be right. There is the likelihood…