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Steve Cohen-Backed 24 Exchange Pulls The Plug On Spot Crypto Trading As Regulatory Pressure Intensifies
Friday, June 23, 2023 - 10:12am | 47424 Exchange, a trading platform that secured $14 million in funding in late 2021, which included support from Point72 Ventures led by Steve Cohen, has decided to discontinue its spot cryptocurrency product. This comes as global regulators intensify their scrutiny of cryptocurrencies. The Bermuda-...
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Quantopian Joins Robinhood To 'Democratize Finance For All'
Thursday, November 5, 2020 - 10:24pm | 327Quantopian, a provider of capital, data, and infrastructure for quants to research code, test, and trade algorithmic strategies, formally announced its intent to join Robinhood, a retail trading platform that offers investors commission-free stock, ETF, options trading, and cash management. What...
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Fintech Focus Roundup For October 31, 2020
Saturday, October 31, 2020 - 8:59am | 2108Robinhood Makes It Easier To Track Performance The Nitty-Gritty: As part of a vision to democratize finance for all, Robinhood introduced high-yield savings accounts, fractional and recurring investments in U.S.-listed stocks and ETFs, as well as cryptocurrency and options trading. To make it...
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DriveWealth Secures $56.7M Series C To Pursue Strategic Growth Initiatives
Wednesday, October 28, 2020 - 11:23am | 391DriveWealth, a global trading technology provider, announced a $56.7-million Series C this week to strengthen its technology, make acquisitions and scale its business. The funding round was led by Point72 Ventures, SBI Holdings, Route 66 Ventures, Mouro Capital and Fidelity International...
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Steve Cohen's Latest Investment Might Produce the Next Steve Cohen
Wednesday, November 30, 2016 - 3:09pm | 602Point72 Ventures, the VC arm of Steve Cohen’s Point72 Asset Management firm, invested $2 million in micro-investing fintech company Acorns as part of the company's Series D round earlier this year. Point72 Ventures’ previous investments have focused on quant trading technologies, so...
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Cloud9 Technologies Raises $30 Million Round From JPMorgan, Barclays, ICAP And Point72 Ventures
Thursday, October 13, 2016 - 11:25am | 432Cloud9 Technologies, a provider of secure communications platforms for financial institutions, closed on a $30 million funding round led by JPMorgan Chase & Co. (NYSE: JPM). ICAP plc (ADR) (OTC: IAPLY), Barclays PLC (ADR) (NYSE: BCS) and Point72 Ventures also participated in the round, as well...