Nordic neobank Lunar raised $77 million at a $2 billion valuation and introduced a crypto trading platform. Source
Nordic Fintech Lunar Raises $77M, Builds Crypto Trading Platform
Tag: Platform
Crypto Finance Management Platform Request Finance Reimagines B2B Payments
A study from Chainalysis shows crypto adoption has risen by 880% in 2021, and it is only set to grow further. The mass adoption of crypto has become a matter of “when” and not “if”. Just as with the early days of the internet, or computers, businesses are a particularly important constituent in the adoption of any new technology. However, with the tremendous growth rate that the industry is witnessing, particularly with DeFi, a seamless experience for businesses to do their invoicing, accounting, and other financial operations in crypto is…
DAO Creation Platform Upstream Raises $12.5M and Launches Publicly
The no-code platform allows anyone to create and run a decentralized autonomous organization (DAO). Source
Defunct File-Sharing Platform Limewire Plans a Comeback, NFT Marketplace and Token on the Horizon – Bitcoin News
The once-popular and now discontinued file-sharing platform Limewire is returning after shutting down in 2010. However, rather than provide access to copyrighted music files and movies, the new Limewire aims to launch a marketplace dedicated to non-fungible token (NFT) technology. Limewire Plans to Return With an NFT Marketplace Platform Limewire plans to return from the ashes this May as the new owners of the defunct file-sharing website’s intellectual property (IP) have plans to turn the platform into a non-fungible token (NFT) marketplace. Austrian brothers Julian and Paul Zehetmayr own Limewire’s…
Web3 platform integrates social commerce app into Circle’s payment infrastructure
Web3 infrastructure platform Our Happy Company has announced their inaugural product, OurSong — a social commerce mobile application designed to enable digital creators to monetize their content and cultivate their communities via nonfungible tokens (NFTs) — will utilize Circle’s established payment infrastructure to drive demand in the creator economy. Our Happy Company was incorporated in July 2018 by globally renowned musical artist John Legend — the company’s chief impact officer — alongside several pioneering tech entrepreneurs, including co-founder and CEO of KKCompany, Chris Lin, co-founder of Twitch and Kevin Lin,…
Fintech Platform Cake DeFi Creates $100M Venture Capital Arm
Cake DeFi, a crypto fintech platform based in and regulated in Singapore with over $1 billion in managed customer assets, has invested $100 million of its own money to form the new Cake DeFi Ventures (CDV) investment arm, according to a press release provided to CoinDesk. Source
Fundraising Platform Says It Raised and Distributed 2 Million USDT to Ukrainians – News Bitcoin News
A new fundraising platform whose objective is to help to raise funds for Ukrainians and the Ukraine military recently claimed to have raised 2 million of the stablecoin tether. Some of the donated crypto assets have been sent to the Ukrainian army and to a humanitarian fund that finances volunteers. Ukraine’s Crypto Donations Whitepay, a fundraising platform that seeks to assist Ukrainian civilians and the country’s military forces, recently said it had raised 2 million USDT. According to a tweet posted by the fund on March 6, some of the…
Crypto Exchange Binance To Launch New Payments Technology Platform
Leading cryptocurrency exchange Binance is announcing the launch of a new payments technology company called Bifinity. According to a new announcement, Bifinity will also serve as Binance’s official fiat-to-crypto payments provider. Bifinity has a strategic partnership with EQONEX Limited, the first digital asset firm with an exchange to be publicly listed in the US. “Under the terms of the strategic partnership, Bifinity will advance a US$36 million convertible loan to EQONEX and will work together to maximize business synergies created by this new strategic relationship and capitalize on opportunities to cooperate…
Nagax, the Crypto Trading Platform of German Fintech Naga, Set to Launch
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NFT Platform Immutable Raises $200M at $2.5B Valuation
Non-fungible token (NFT)-scaling platform Immutable has raised $200 million in a Series C funding round that was led by Singapore state investment fund Temasek at a $2.5 billion valuation, according to a press release provided to CoinDesk. The funds will be used toward global expansion, including boosting Immutable Gaming Studio and merger-and-acquisitions activity. Source