Ethereum scaling startup Optimism has secured a $150 million Series B round, co-led by Andreessen Horowitz and Paradigm. After this financing, the company was valued at $1.65 billion. Since NFT and De...
Tag: 150M
Optimism saves users $1B in fees, raises $150M in Series B
Popular Ethereum scaling solution Optimism has announced a $150 million Series B funding round co-led by Andreessen Horowitz (a16z) and Paradigm at a total valuation of $1.65 billion. According to a ...
Optimism Raises $150M in Series B Round
Key Takeaways Optimism raised $150 million in its Series B. The funding round was led by Paradigm and a16z. Optimism’s team noted its Layer 2 scaling solution has saved users $1 billion in gas fees. S...
Ethereum Startup Optimism Hits $1.6 Billion Valuation After Raising $150M
Ethereum scaling solution Optimism today announced it raised $150 million in a Series B funding round. In a Thursday blog post, the startup said the added cash now means the company has a valuation of...
Crypto-Sports Sponsorships Continue as Bybit Teams up With Red Bull Racing in $150M Deal
The Red Bull F1 Team and crypto exchange Bybit are joining forces in a multi-year deal that would see Bybit become the F1 team’s exclusive crypto exchange business. There is no word yet on the deal’s ...
Bybit signs $150m sponsorship deal with Red Bull
TL;DR: Breakdown Red Bull signs partnership deal with cryptocurrency exchange Bybit Bybit becomes the “Official Energy Drink” of the racing team and will have branding exposure at all FOM events The t...
Red Bull Racing Signs $150M Sponsorship With Crypto Exchange Bybit
Formula 1 team Oracle Red Bull Racing has signed a record-breaking sponsorship deal with cryptocurrency exchange Bybit. In an announcement, the team revealed that the three-year sponsorship deal, repo...
Singapore’s Bybit offers record $150M sponsorship to Red Bull’s Formula 1 team
Singapore-based crypto exchange Bybit inked a deal with Oracle Red Bull Racing to sponsor the latter’s Formula 1 team for a total of $150 million over three years. The $50 million per annum deal is so...
Trust Machines raises $150M to build web3 apps on Bitcoin
Trust Machines, an organization co-founded by former Stacks founder Muneeb Ali and Princeton University Computer Science Professor J.P. Singh, has raised $150.00 million (£110.36 million) in a new fun...
Tether Freezes $150M Worth of USDT, Blacklists 3 Addresses
Tether recently froze over $150 million of USDT. This is not the first time that the company has frozen USDT, actions that has once again stoked concerns of centralization in the crypto community. Acc...
Near Protocol raises $150M to promote Web3 adoption
Proof-of-stake blockchain Near Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional ...
Near Protocol Closes $150M Funding, NEAR Price Eyes $20
NEAR protocol has managed to close substantial funding round from top cryptocurrency investors in preparation for a further DeFi-oriented advance. NEAR Protocol has closed $150 million in funding from...
Tether Freezes Over $150M+ Worth Of USDT Stablecoin
Tether has been one of the biggest question marks in crypto in recent years, and that hasn’t changed as adoption has grown. Decentralization has been a hot topic, and while the word itself isn’t menti...
NEAR Lands $150M in 3AC-Led Raise
Key Takeaways NEAR Protocol has raised $150 million from several crypto-native funds and angel investors. The money will be used to accelerate the adoption of Web3 technologies, develop NEAR’s r...