Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that keeps money flowing and fast-tracks valuations. It’s the opposite of the standard venture capital strategy...
Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk and compliance, decentralized finance (DeFi) and tokenization projects, the company told CoinDesk on Thursday (Nov....
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The New York State Department of Financial Services (DFS), which supervises 1,500 banks and financial institutions and more than 1,400 insurance companies,...
Crypto startup Paxos has notched $65 million in funding to expand its operations, Reuters reported. Investors included Liberty City Ventures and RRE Ventures, along with Jay Jordan. “We will use the capital to help grow the business, which is broadly our settlement business on the...
June 16, 2024
In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two sources: DeFiLlama which pegs the crypto sector’s total fundraising at $101 billion since 2014, and The Block Research, which has logged $95 billion in investment […]
May 05, 2024
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers. As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of fundraising that...
November 09, 2023
Standard Chartered Ventures and SBI Holdings are forming a $100 million company to back cryptocurrency startups. The new venture will be based in the United Arab Emirates (UAE) and target market infrastructure, risk...
June 25, 2020
It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The New York State Department of Financial...
