In brief Temasek led the $200 million round, with participation from Animoca Brands and Tencent. Immutable X is an Ethereum scaling solution used by firms like GameStop and TikTok. Immutable, the Aust...
Tag: valuation
Crypto firm Amber Group hits $3 billion valuation in funding round
Singapore-based crypto finance firm Amber has raised funding at a value of $3 billion with Singaporean state investment firm Temasek Holdings among the investors. Amber has been profitable since its i...
Amber Group Raises $200M in Temasek-Led Round at $3B Valuation
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Singapore Crypto Firm Amber Group Hits $3 Billion Valuation In Funding Round Led By Temasek
Amber Group achieved the unicorn status last June. Amber Group Amber Group has raised $200 million in a fundraising round led by Singapore’s state-owned investment firm Temasek, boosting the valuation...
Crypto Platform Amber Group’s Valuation Hits $3 Billion
Amber Group, one of the fastest-growing crypto platforms, became the latest digital asset firm to hit the valuation of $3 billion after the company secured $200 million in the Series B+ round led by S...
Singapore’s Amber Group Gets Valuation of $3B, Facilitating Potential IPO
Singaporean state investment firm Temasek Holdings Pte and other investors valued cryptocurrency-trading platform Amber Group at $3 billion in a funding round. Amber said that it will use its new fund...
Crypto platform Amber Group hits $3 billion valuation in latest raise
advertisement Crypto platform Amber Group has announced a $200 million raise led by Temasek, the Singapore-based sovereign wealth fund. The investment values Amber, which is also based in Singapore, a...
Circle Doubles Valuation to $9B with New Reverse Merger Terms
Circle, the issuer of stablecoin USDC, has doubled its valuation to $9 billion after it renegotiated and inked a fresh reverse merger deal with Concord Acquisition Corp, a blank-check acquisition comp...
Circle’s updated SPAC deal boosts the company’s valuation to $9 billion
Circle, the company behind the USDC stablecoin, doubled its valuation following a new agreement with Concord Acquisition Corporation (NYSE:CND). The two corporations first revealed this merger plan in...
Circle Revises Merger Terms With Concord, Doubles In Valuation To $9 Billion
Circle, the financial technology firm behind the USDC stablecoin, has revised its merger agreement with Concord, a special purpose acquisition company (SPAC). According to the revised merger agreement...
Circle’s valuation doubles to $9B following revised merger agreement with Concord
USD Coin (USDC) operator Circle has seen its valuation double to $9 billion after the company revised its merger agreement with Concord Acquisition Corp, a special purpose acquisition company (SPAC) f...
Stablecoin Provider Circle Hits $9B Valuation After New SPAC Deal
In roughly six months, Circle has essentially doubled its valuation. Announced today, the latest $9 billion valuation comes after the firm announced new terms with the special-purpose acquisition cor...
Axelar Raises $35M to Reach a $1B Valuation for Its Network
Axelar, the worldwide, decentralized interoperability network linking all blockchain ecosystems, apps, and assets, announced today the completion of a $35 million fundraising round led by Polychain Ca...
Blockchain Interoperability Network Axelar Raises $35M at $1B Valuation
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
FlamingoDAO NFT Portfolio Valuation Touches $1B
FlamingoDAO’s non-fungible token (NFT) portfolio is now worth an estimated $1 billion, DAO’s members and reports from Forbes confirmed. FlamingoDAO now has a collection of 215 CryptoPunks, 22 Bored Ap...
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing around $200 million. The Leading One-Stop-Shop led the Series B round for Cryptocurrency Trading. ...
Binance’s Secure Asset Funds for Users reaches $1 billion valuation!
Binance recently announced that its Secure Asset Fund for Users (SAFU) reached the valuation of $1 billion. The platform had established the emergency insurance fund in July 2018 in order to protect t...
Blockchain Company Alchemy Triples Valuation In Just Three Months To $10.2 Billion As Web3 Fever Rages
Alchemy CEO Nikil Viswanathan (L) and CTO Joseph Lau (R) have spent most of their adult lives cofounding companies, including Alchemy, together. Alchemy In August 2020, Nikil Viswanathan and Joe Lau m...
JPMorgan Strategist expresses concern on crypto, calls crypto for no valuation mechanism
JPMorgan Strategist Expresses Concerns About the Crypto Market. Michael Cembalest, JPMorgan’s chairman of investment strategy, is skeptical of bitcoin and other cryptocurrencies. He is not convinced t...
Alchemy raises at $10.2 billion valuation in round led by Silver Lake
Alchemy, the crypto infrastructure company powering a wide-range of DeFi applications and NFT platforms, has nabbed a $10.2 billion valuation in a funding round that added $200 million to its coffers,...
Web3 Builder Alchemy Hits $10B Valuation as Lightspeed, Silver Lake Invest
In brief This is Alchemy’s third massive fund-raising round in less than a year. The company touted a three-fold increase in customers since October. The founders addressed claims Alchemy might ...
Cryptocurrency Wallet Phantom Marks $1.2 Billion Valuation Amid Recent Funding Round
Investments in cryptocurrency are incomplete without a crypto wallet to store your assets. A good crypto wallet will house your coins and provide adequate security that will be pretty difficult for ex...
Reports Bored Ape creator in talks with A16z: Potential valuation $5B
Silicon Valley tech VC Andreessen Horowitz (A16z) is reportedly eying an investment in Bored Ape Yacht Club creator Yuga Labs, with a reported valuation as high as $5 billion. Sources for the Financia...
Uncertainty In The Valuation Of Non-Fungible Tokens
NFT concept, man standing with VR goggles looking for digital art to buy online. getty The Non-Fungible Token (NFT) Market is soaring and many more people are creating, buying, selling and swapping NF...
Bored Ape Creator Seeks Funding From Andreessen Horowitz at $5B Valuation: Report
Yuga Labs, the startup behind the popular Bored Ape Yacht Club NFT collection, is in financing talks with Andreessen Horowitz, according to the Financial Times. Yuga Labs is reportedly seeking to sell...
Solana-Based Phantom Wallet Hits Unicorn Status With $1.2 Billion Valuation
After securing $109 million in Series B funding spearheaded by Paradigm, non-custodial crypto wallet Phantom has bumped its valuation to $1.2 billion, bagging unicorn status, Tuesday. Paradigm CEO Br...
Solana-based Phantom Wallet Hits $1.2B Valuation Following a $109M Funding Round
Solana ecosystem wallet, Phantom, has recently raised $109 million in a Series B funding round led by the crypto venture capital firm, Paradigm. Phantom Hits $1.2 Billion Valuation With the latest cas...
FTX’s valuation reaches $32 billion after a $400 million funding round
FTX, one of the largest cryptocurrency exchanges, recently closed a funding round that increased its valuation to $32 billion. A Monday announcement noted that the exchange had raised $400 million in ...
FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding
FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion. Investors who participated in the funding round as ...
FTX Nabs $400 Million at $32 Billion Valuation
Alex Dovbnya Cryptocurrency giant FTX has reached a $32 billion valuation Contents Global expansion No need for an IPO Cryptocurrency behemoth FTX raised $400 million in a Series C funding round that ...