Robinhood reportedly saw record revenue growth amid the coronavirus pandemic, anonymous sources reveal. Popular stock and cryptocurrency trading app had a lot of problems in March, and is reportedly trying to make up for it with help from a new injection of cash. According to Bloomberg, Robinhood is in the process of raising $250 million…
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Multicoin Capital has lead a $1.5 million fundraising round in top Chinese DeFi “super-app” platform dForce. Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce. Mable Jiang, the principal of crypto venture capital firm Multicoin Capital, told Cointelegraph that dForce’s plan to…
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Private U.S. VC firm, Andreessen Horowitz intends to form another crypto asset fund, shooting for $450 million in capital. Private venture capital firm Andreessen Horowitz may have plans for another crypto asset fund. Established by Marc Andreessen and Ben Horowitz over 10 years ago, the firm looks to start its second crypto investment fund, hoping to…
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China holds more blockchain patents, but the number of U.S. companies invested in blockchain is greater. China is rapidly catching up to the United States with regard to blockchain-related investments, according to a recent report put together by New York-based research firm CB Insights. The researchers found that the East Asian country accounted for 22%…
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What would you choose: the good old-fashioned venture capital investment, or the brand new technology that is yet to prove its right for existence? In a world where blockchain technology is rapidly breaking barriers and disrupting industries one at a time, the emergence of new models to replace classical crowdfunding ventures is just a matter…
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Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Israeli blockchain startup Clear has raised $13 million in a Series A round led by Fidelity-backed Eight Roads. Clear — which develops blockchain networks for high-volume transaction systems between businesses — announced the round’s completion in a…
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Veteran investor and crypto pioneer Rana Yared leaves Goldman Sachs for VC firm. Financial service powerhouse Goldman Sachs Group Inc. lost another one of its top brass on February 5 after two other executives expressed departure plans several days prior. Goldman Sachs partner Rana Yared plans to exit her position at Goldman Sachs for a…
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Ripple, the major blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in Series C led by Tetragon. Ripple, the blockchain payments firm behind XRP, the third biggest altcoin by market cap, has raised $200 million in a new funding round. Led by closed-ended investment company Tetragon, the…
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Venture capital firm Andreessen Horowitz has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. Venture capital firm Andreessen Horowitz (a16z) has shared a list of instructors for its free, seven-week crypto startup school, scheduled to launch in February 2020. On Dec. 11, the venture capital…
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Canadian venture capital firm secured $320 million to make investments in promising fintech startups around the world, with a particular focus on Canada. Portag3 Ventures, a Canadian venture capital (VC) firm, has closed a second fund with around $320 million to invest in fintech startup companies globally. On Dec. 3, TechCrunch reported that the VC…
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