Crypto

2022 - 5 - 10

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Image courtesy of "CNA"

Crypto assets shed $800 billion in market value in a month (CNA)

Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to data site CoinMarketCap ...

Advertisement Signs of weakness in stablecoins, typically a safer crypto currency, further spooked investors. Advertisement

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Image courtesy of "CNA"

General Atlantic leads $105 million funding in crypto trading platform ... (CNA)

Digital asset trading platform Talos said on Tuesday it has raised $105 million in an early-stage funding round led by U.S. private equity firm General ...

The New York City-based firm intends to use the capital raised to expand product lines and invest in its trading platform in an effort to accelerate its expansion into Europe and Asia Pacific markets. Founded by Anton Katz and Ethan Feldman, Talos launched its platform in 2018 and has an impressive lineup of existing investors such as Andreessen Horowitz, PayPal Ventures and Fidelity Investments, who extended their partnership through the latest funding round. Digital asset trading platform Talos said on Tuesday it has raised $105 million in an early-stage funding round led by U.S. private equity firm General Atlantic, taking the company's valuation to $1.25 billion.

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Image courtesy of "Financial Times"

Citi, BNY Mellon and Wells Fargo invest in crypto tech company (Financial Times)

Deal valuing Talos at $1.25bn comes as price of digital assets such as bitcoin tumbles.

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Image courtesy of "Coindesk"

Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo ... (Coindesk)

The New York-based firm was founded in 2018 and provides technology to support digital asset trading for financial institutions. Its platform offers liquidity ...

Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Highlight offers a no-code toolkit for creators to easily build NFT-based Web 3 communities.

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Image courtesy of "The Block Crypto"

Citi, Wells Fargo join $105 million round for crypto trading infra firm ... (The Block Crypto)

Crypto firm Talos has raised $105 million in a Series B round from Citi, Wells Fargo and others as it plans global expansion.

Talos was founded in 2018 in New York and now has offices across the globe. Talos provides tooling for institutional crypto investors across pre-trade, execution and post-trade stages, Samar Sen, head of Asia Pacific at Talos, told The Block in an interview. In the pre-trade stage, the firm aggregates liquidity from multiple venues, including exchanges and over-the-counter trading desks.

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Image courtesy of "Forbes"

African Crypto Startup Raises $30 Million To Build A Web3 WeChat (Forbes)

Jambo's Series A funding round was led by crypto-focused venture capital giant Paradigm.

Additionally, in the spirit of WeChat’s parent company, Tencent, which has reportedly invested in more than 800 companies, Jambo is launching the AfricaDAO investment fund to index crypto development on the continent. Planned for launch in the third quarter of this year, it has locked in over 30,000 signups. To that end, the company has revealed exclusively to Forbes the completion of a $30 million Series A funding round led by crypto-focused venture firm Paradigm. It is Paradigm’s first investment in the continent.

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Image courtesy of "CNA"

Crypto exchange KuCoin valued at US$10 billion in latest funding ... (CNA)

Cryptocurrency exchange KuCoin raised US$150 million in a series B funding round led by Jump Crypto, the company said on Tuesday (May 10), ...

Advertisement Advertisement KuCoin, the fifth largest crypto exchange according to data firm CoinMarketCap, has 10 million users in 207 countries.

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Image courtesy of "Coindesk"

KuCoin Raises $150M in Round Led by Jump Crypto at $10B ... (Coindesk)

Crypto exchange KuCoin has raised $150 million in pre-Series B funding at a valuation of $10 billion, the company confirmed to CoinDesk on Tuesday.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. KuCoin is the fifth-largest crypto exchange in the world by trading volume, according to CoinMarketCap data. “As the Web 3 industry is growing quickly, we are seeing a massive need for new solutions and talents,” CEO Johnny Lyu said in a Telegram message.

Crypto exchange KuCoin valued at $10 billion in latest funding round (Saskatoon StarPhoenix)

Cryptocurrency exchange KuCoin raised $150 million in a series B funding round led by Jump Crypto, the company said on Tuesday, giving it a valuation of ...

KuCoin, the fifth largest crypto exchange according to data firm CoinMarketCap, has 10 million users in 207 countries. Crypto exchange KuCoin valued at $10 billion in latest funding round Back to video Crypto exchange KuCoin valued at $10 billion in latest funding round

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Image courtesy of "TechCrunch"

Crypto exchange KuCoin raises funds at $10 billion valuation (TechCrunch)

KuCoin's valuation has surged to $10 billion in its first financing round in four years as the global cryptocurrency exchange looks to make a deeper push ...

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Image courtesy of "Bloomberg"

Crypto Exchange KuCoin Scores Funding at $10 Billion Valuation (Bloomberg)

KuCoin, one of the world's most popular crypto-exchanges, has raised $150 million from investors led by Jump Crypto, boosting its valuation to $10 billion.

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Republic's venture arm reportedly raising $700 million for crypto ... (TechCrunch)

The venture fund will have 20% of its capital set aside for investments in cryptocurrency tokens, while the other 80% will go to equity investments in web3, ...

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Crypto assets shed $800 billion in market value in a month (NBC News)

Digital asset prices have slumped, mirroring a plunge in equities on fears of aggressive interest rate hikes across the globe to stave off decades-high ...

Signs of weakness in stablecoins, typically a safer crypto currency, further spooked investors. Despite bitcoin’s price slump, funds and products linked to it posted inflows of $45 million last week as investors took advantage of price weakness, according to digital asset manager Coinshares in a report released on Monday. Crypto assets bled nearly $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, according to the data site CoinMarketCap, as the end of easy monetary policy diminishes appetite for risk assets.

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