Binance Labs, the crypto exchange’s venture capital and incubation arm, led a $60 million seed round in Multichain, formerly Anyswap.The cross-chain protocol counts over 300,000 users, according to , according to a press release shared with CoinDesk.Public data shows the protocol has roughly $4.8 billion in total value locked.Multichain will use the funds to expand its … [Read more...] about Anyswap Rebrands to Multichain, Raises $60M Led by Binance Labs
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Upbit crypto exchange’s blockchain sister firm raises $60M
Dunamu, the operator of major South Korean cryptocurrency exchange Upbit, is progressing with blockchain development as its blockchain arm Lambda256 secured new funding.According to a Dec. 15 announcement, Lambda256 raised 70 billion Korean won ($60 million) in a Series B round, valuing the company at over $300 million. The firm is focused on enterprise-grade chains for … [Read more...] about Upbit crypto exchange’s blockchain sister firm raises $60M
S. Korean Lambda265 Nabs $60M Series B at $300M Valuation
Lambda265, the blockchain arm of South Korean crypto exchange operator Dunamu, closed a $60 million (KRW 71 billion) Series B, bringing its valuation to $300 million, according to a Wednesday press release.The firm will use the funds to invest in its blockchain-as-a-service (BaaS) products, which are used by 3,300 corporate clients, according to the statement. Its flagship … [Read more...] about S. Korean Lambda265 Nabs $60M Series B at $300M Valuation
TRM Labs Raises $60M as Visa, Amex Play Catch-Up on Crypto Tracking
Startup investing giant Tiger Global led the Series B, according to a press release. But perhaps more telling were the smaller contributors to TRM’s capitalization table. Among them: credit card companies (American Express, Visa, Citi), payments firms (Block (née Square), early backer PayPal) and a bevy of crypto VCs. Source link … [Read more...] about TRM Labs Raises $60M as Visa, Amex Play Catch-Up on Crypto Tracking