If blockchain technology is going to become the backbone of a new financial infrastructure, some company will have to serve as an intelligence hub for its data – storing the world’s information and making it useful, as the old Google saying goes.With a $75 million raise backed by some of the world’s leading investment firms, on-chain analytics platform Nansen is now positioning … [Read more...] about On-Chain Data Hub Nansen Eyes Aggressive Growth With $75M Raise
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SK Telecom Spinoff Acquires $75M Stake in Crypto Exchange Korbit: Report
SK Square, an investment company spun off from South Korean telecoms provider SK Telecom, has acquired a 35% stake in crypto exchange Korbit worth 90 billion won ($75 million).According to a report by Korea JoongAng Daily, SK Square became Korbit’s second-largest shareholder behind NXC, the owner of video game company Nexon.SK Square and Korbit will explore opportunities for … [Read more...] about SK Telecom Spinoff Acquires $75M Stake in Crypto Exchange Korbit: Report
Saddle Raises $7.5M to Reduce Slippage in DeFi Trading
Saddle, an open-source automated market maker (AMM) for trading between pegged value crypto assets, has closed a $7.5 million funding round led by Polychain and Electric Capital with participation from Nascent, Project Galaxy and others. The fundraise follows a $4.3 million raise in January. Source link … [Read more...] about Saddle Raises $7.5M to Reduce Slippage in DeFi Trading
Voyager Digital announces $75M strategic investment from Alameda Research
U.S.-based cryptocurrency brokerage firm Voyager Digital announced a $75 million investment from cryptocurrency quantitative trading firm and liquidity provider Alameda Research on Thursday. Founded in 2018, Voyager Digital offers more than 60 digital currencies for trade on its mobile app, which also includes services such as yield farming. According to the company’s website, … [Read more...] about Voyager Digital announces $75M strategic investment from Alameda Research
Alameda Research Pumps $75M Funding Into Voyager Digital
Cryptocurrency broker Voyager Digital said it has received a $75 million investment from trading firm Alameda Research.The investment will be used for growth opportunities, Voyager Digital (TSX: VOYG), said Thursday. Shares of the company soared 17% as of 10:20 a.m. in Toronto.The firms will tap opportunities in non fungible tokens (NFTs) and crypto derivatives and work … [Read more...] about Alameda Research Pumps $75M Funding Into Voyager Digital