Polyhedra Network Closes $20M Round at $1B Valuation
This is the Web 3 infrastructure provider’s fifth round of financing in the last two years.
Capital
Michael Saylor Not Interested in Selling: ‘Bitcoin Is the Exit Strategy’
MicroStrategy is up billions on its bitcoin bet, but Executive Chairman Michael Saylor told Bloomberg TV there’s no reason to sell the cryptocurrency.
Fordefi Raises $10M to Make Crypto Safer With Institutional-Grade Wallet to Retail-Facing Platforms
The company has onboarded institutional investors such as Pantera Capital, DeFiance Capital, Keyrock and Flare Network to its MPC wallet, and secured over $3 billion in blockchain transaction volume.
Stablecoins Can Help Fix the Current Lending Market
The Küresel Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.
Digital Asset Brokerage Firm Nonco Raises $10M Seed Funding Led by Valor Capital, Hack VC
The firm says it has already seen $6 billion in volume in Latin America since its debut in April.
Bitcoin Project Babylon Raises $18M to Bolster Development of Staking Protocol
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
Tokenization Firm Superstate Gets $14M Investment to Bring Traditional Funds On-Chain
The company has earmarked the funds for team expansion, creating private funds for institutional investors and crafting a framework for tokenized public funds that U.S. clients can access.
Australia Updates its Capital Gains Tax Guidance to Include Wrapped Tokens and DeFi
Last year, the Australian Taxation Office (ATO) warned cryptocurrency investors that capital gains and losses must be reported every time a digital asset is sold.
Bitcoin Mining Stocks Soar 10% as BTC Hovers Near 17-Month High at $35K
The bitcoin derivatives market shows signs of overheating, one observer noted.
Crypto Investment Firm Deus X Capital Launches With $1B in Assets
The family office backed investment and operating company begins with an initial $1 billion of assets.