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Crypto News

French Fintech Lydia Attains Unicorn Status With $100M Series C Funding: Report

French fintech Lydia has raised $100 million in Series C funding, attaining unicorn status with a valuation of over $1 billion. The funding round includes new investors Dragoneers and Echo Street along with existing backers Tencent, Accel and Founders Future, TechCrunch reported Wednesday. Lydia recently allowed its 5.5 million users to invest in digital assets […]

Crypto News

FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for the global cryptocurrency derivatives exchange and U.S. affiliate, FTX.US, The Information reported Friday, citing two unnamed sources “with knowledge of the matter.” The funding round would potentially value FTX at $32 billion and FTX.US at $8 billion, the article said, citing […]

Crypto News

DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group

The exchange aggregator and liquidity protocol announced the raise on Wednesday, saying that investors valued the project at $2.25 billion. The Series B round was led by Amber Group, with over 50 additional investors participating, including Jane Street, VanEck, Fenbushi Capital, Alameda Research, Celsius, Nexo, Tribe Capital and Gemini Frontier Fund, according to a press […]

Crypto News

NFT Music Platform Royal Closes $55M Funding Round Led by a16z

Royal, the music tokenization platform launched by DJ and entrepreneur Justin “3LAU” Blau, closed a $55 million Series A funding round on Monday, CoinDesk confirmed. A16z led the round, which also included participation by Coinbase Ventures and the performers, The Chainsmokers and Nas. “In addition to their audacious vision, what makes this founding team so […]

Crypto News

Binance US to Close Pre-IPO Funding in 1-2 Months, Founder CZ Says

Binance, the global crypto exchange CZ started in 2017, has also set up an entity for its global headquarters and is currently communicating with regulators around the world, the CEO said. He named France, the U.A.E., and Singapore as crypto-friendly jurisdictions, but did not say where the actual headquarters was.