fundraising

There are a total of 10 articles associated with fundraising.
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FTX is reportedly on the hunt for more capital to fuel its acquisition ambitions, after raising $400 million in January

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Nader Al-Naji thinks he sees the future of decentralized social media (DeSo).

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The Singapore-based company, which was previously known as Bank of Hodlers, supports over 30 cryptocurrencies and operates across over 160 countries, with a strong foothold in Europe and India.

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The cryptocurrency market has experienced a huge uptick in fundraising, with blockchain start-ups raising a record $4.38 billion in Q2 of this year, according to data from CB Insights.

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Prior to this round, Biconomy raised $1.5 million in a seed round back in Q4 2020, CEO Ahmed Al-Balaghi said in an interview with Blockworks.

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The round included participation from Variant Fund, Jump Capital, DeFi Alliance, and Solana Foundation.

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The company’s fifth fundraising, also known as “Fund V,” was oversubscribed at its $300 million hard cap with investors from around the world, the company said.

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The round marks the first time a blockchain technology company has received major institutional funding from Morgan Stanley, said Carlos Domingo, co-founder and CEO of Securitize.

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The San Francisco-based company raised $10 million in Series B funding in late January.

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Meanwhile, Blockdaemon, the leading independent blockchain infrastructure platform, raises $28 million in Series A funding, backed by BlockFi.

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