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Will Twitter Get More Crypto-Friendly With Musk's Investments From Binance And a16z?
Friday, May 6, 2022 - 9:33am | 793Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has landed backers for his buyout of social media platform Twitter Inc (NYSE: TWTR). What Happened: Agreements were reached with 19 total investors, including 18 new companies to help facilitate Musk’s $44 billion buyout of Twitter. Among the investors...
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Meet Everyrealm, The Virtual Land Company Backed By Coinbase, Dapper Labs, Will Smith, The Weeknd And Even More Celebrities
Friday, March 25, 2022 - 12:06pm | 738Land sales in virtual worlds such as The Sandbox (CRYPTO: SAND) and Decentraland (CRYPTO: MANA) have skyrocketed over the past year. One company is attracting investments from big investors and celebrities as it buys up virtual land and attempts to be a huge company inside the...
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Bored Ape Yacht Club Parent Yuga Labs Valued At $4B: Check Out The Companies (Google, Samsung) And Celebrities (Shaq, Snoop Dogg) Buying In
Wednesday, March 23, 2022 - 2:39am | 833Leading NFT powerhouse Yuga Labs announced a new funding round Tuesday that includes some of the largest technology companies and investment funds. The funding round also included the participation of several notable athletes and celebrities. What Happened: Yuga Labs raised $450 million in a seed...
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New 'Blue Chip NFT' Fund Launches With Andreessen Horowitz Team, Alexis Ohanian Among Investors
Friday, March 11, 2022 - 4:49pm | 526A fund is launching to buy and hold non-fungible token artwork as a new investment vehicle. Here are details and some of the big names involved that you need to know. What Happened: The NFT fund, Curated, is launching with $30 million in funding from a leading team of...
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Andreessen Horowitz Plans To Raise $4.5B For New Crypto Funds
Thursday, January 20, 2022 - 11:30am | 303Silicon Valley-based venture capital firm Andreessen Horowitz, or a16z, plans to raise $4.5 billion for a new series of cryptocurrency funds. What Happened: The firm intends to raise $3.5 billion for its latest crypto venture fund and $1 billion for another fund focused on seed investments in...
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OpenSea Nearing $10B Valuation Four Months After Having A $1.5B Valuation: Report
Thursday, November 18, 2021 - 1:43pm | 570A new report making the rounds shows leading non-fungible token (NFT) marketplace OpenSea is seeing impressive growth and sales milestones and has landed a huge increase in value. What Happened: NFT marketplace OpenSea is being handed a $10 billion valuation, according to a report...
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Axie Infinity Parent Sky Mavis Raises $152M: Why It's Important
Tuesday, October 5, 2021 - 2:26pm | 486One of the most successful non-fungible token projects of all time announced a new funding round Tuesday. What Happened: Sky Mavis announced a $152-million Series B funding round. The funding was led by Andreessen Horowitz (a16z). Other investors included Accel, Paradigm, Samsung Next and Seven...
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PUNKS Comic: What You Should Know About This Surging NFT That's Attracting Venture Capitalist Money
Monday, August 16, 2021 - 11:51am | 795Volume and demand for non-fungible tokens have been surging. One project that is climbing up the leaderboards is PUNKS Comic, an NFT comic series drawn by Marvel and DC Comics artist Chris Wahl. A burning mechanism, new NFT launch and more items for PUNKS are attracting venture capitalists to the...
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Titan Leads World To Better Wealth With $58M Series B Led By a16z
Wednesday, July 21, 2021 - 9:46am | 216Titan, an asset manager for retail investors, announced it raised a $58 million Series B round led by venture capital firm Andreessen Horowitz (a16z). The company to date has raised $75 million. What Happened: Titan is a holistic asset management solution that builds, manages, and...
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Fintech Focus For June 28, 2021
Sunday, June 27, 2021 - 10:29pm | 1699Quote To Start The Day: “You become what you believe.” Source: Oprah Winfrey One Big Thing In Fintech: The U.K.’s Financial Conduct Authority (FCA) has ordered crypto exchange Binance to stop undertaking any regulated activity in the country. But since the exchange pulled its...
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Fintech Focus For June 25, 2021
Thursday, June 24, 2021 - 4:24pm | 2854Quote To Start The Day: “Success is not final; failure is not fatal: It is the courage to continue that counts.” Source: Winston S. Churchill One Big Thing In Fintech: Eric Adams, the current front-runner in the 2021 New York City mayoral election in the Democratic primary, appears to...
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Fintech Focus For June 17, 2021
Wednesday, June 16, 2021 - 6:54pm | 1823Quote To Start The Day: "The journey of a thousand miles begins with one step.” Source: Lao Tzu One Big Thing In Fintech: Outside of perhaps China, right now the big use case for central bank digital currencies (CBDCs) seems to be just talking about them. Crypto is cool right now and...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Clubhouse Said To Get $4B Valuation In Latest Funding As Rivals Inch Closer
Sunday, April 18, 2021 - 10:31pm | 632The audio-based social media startup Clubhouse announced Sunday it had secured an undisclosed amount of funding in a Series C round led by existing investor Andrew Chen, of Andressen Horowitz, as it looks to scale up in face of rising competition. What Happened: Clubhouse named DST...