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Ondo Finance, Coinbase-Backed Tokenization Project Expands To Asia Pacific, Rallies Over 60% In One Week
Monday, January 22, 2024 - 3:42pm | 703Ondo Finance, a tokenization project backed by Coinbase Global Inc (NASDAQ: COIN), announced plans to expand to the Asia Pacific region. The announcement follows an over 60% price surge for the ONDO token over the last seven days. What Happened: On Sunday, Ondo Finance announced...
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Blockchain.Com Raises $110M In Latest Funding Round Amid Crypto Market Revival
Wednesday, November 15, 2023 - 3:23am | 382Cryptocurrency exchange and wallet provider, Blockchain.com, has secured $110 million in a fresh round of funding, as reported by CoinDesk. What Happened: As per the information shared by Bloomberg, the recent Series E funding round was led by UK’s Kingsway Capital. Other participants...
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Coinbase's Investment Arm Finances Six Onchain Projects, Promotes Innovation
Friday, September 8, 2023 - 9:48am | 457Coinbase Ventures announced an initial round of investments into six projects from the Base Ecosystem Fund, including Avantis, BSX, Onboard, OpenCover, Paragraph, and Truflation. The investment amounts remain undisclosed. Coinbase Ventures, the venture capital arm of Coinbase (NASDAQ: COIN), aims...
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Sam Bankman-Fried Is One Of Worldcoin's Earliest Investors: Is He Keeping An Eye On The Investment From His Parents' House?
Monday, July 24, 2023 - 5:39pm | 460Sam Bankman-Fried, the ex-crypto billionaire once celebrated for his philanthropy and savvy investing, is back in the spotlight after OpenAI CEO Sam Altman launched his ambitious Worldcoin project on Monday. What Happened: Before Bankan-Fried’s legal predicament, which put him on house arrest...
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DeFi Startup Alkimiya Raises $7.2M In VC Round Led By 1kx, Castle Island Ventures
Thursday, January 12, 2023 - 9:44am | 362Decentralized capital market protocol Alkimiya has raised $7.2 million in a venture capital funding round led by 1kx and Castle Island Ventures. Dragonfly Capital Partners, Circle Ventures, Coinbase Ventures, ChorusOne, Mirana Ventures, The House Fund, Tribe Capital, and Susa Ventures also...
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Does Coinbase Carry A 'Hidden Value' In $6.6B Ventures Business?
Tuesday, March 15, 2022 - 1:00am | 378Coinbase Global Inc (NASDAQ: COIN) has hidden value that is yet to be realized through its Ventures business, according to Oppenheimer analysts, CoinDesk reported on Monday. The Coinbase Analyst: Oppenheimer analysts arrived at an 'outperform' recommendation for Coinbase...
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Fintech Focus For April 19, 2021
Sunday, April 18, 2021 - 7:54pm | 2187Quote To Start The Day: "The journey of a thousand miles begins with one step." Source: Lao Tzu One Big Thing In Fintech: Coinbase’s public listing documents revealed an unusual set of circumstances for a startup: Its venture arm, Coinbase Ventures, had acquired stakes in a handful...
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Exclusive: Rarible Co-Founder Says NFTs Are Here To Stay
Friday, April 9, 2021 - 8:20am | 842Non-fungible tokens, a relatively new concept, are digital assets represented by data and stored on digital ledgers, or blockchains. Like any other asset, NFTs, via tokens that represent digital certificates of ownership, can be bought and sold. The transactions transfer ownership from one unique...
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Forte, Ripple's Xpring Establish $100M Fund For Game Developers To Use Blockchain
Tuesday, March 12, 2019 - 3:55pm | 341Privately held cryptocurrency company Ripple Labs and gaming platform startup Forte are setting up a $100-million fund aimed at pushing video game developers to find ways to use blockchain technology for in-game marketplaces. The fund is intended to “accelerate the mainstream adoption of...