Dapper Labs, the creator of basketball collectible platform NBA Top Shot, is raising $13.5 million in an equity offering and is nearly halfway toward meeting the goal, according to a new regulatory filing.The company has raised $6.5 million to date from one investor. Dapper started accepting investments on Nov. 22.Sports non-fungible tokens (NFTs) are a booming area for … [Read more...] about Dapper Labs Raising $13.5M in Equity Offering
Equity
Bitcoin Miner TeraWulf Raises $200M in Debt and Equity
TeraWulf – an environmental, social and governance-focused bitcoin mining company – raised $200 million in debt and equity financing from institutional and individual investors, the company announced Thursday.“TeraWulf’s ability to raise private capital underscores the attractiveness of bringing a new paradigm for cryptocurrency mining to the public markets,” said Paul Prager, … [Read more...] about Bitcoin Miner TeraWulf Raises $200M in Debt and Equity
Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report
Private equity firm KKR plans to lead a Series D investment round for crypto platform Anchorage, according to The Information sources. The funding would reportedly push Anchorage up to a roughly $3 billion valuation.San Francisco-based Anchorage is a crypto custody platform that lets institutional investors safely hold and use crypto. Anchorage was the first crypto firm to … [Read more...] about Private Equity Giant KKR Plans to Back Anchorage Fundraise at $3B Valuation: Report
Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
Enegra Group, a commodities trading firm based in Malaysia with a net asset value of $28 billion, has migrated its equity-tied EGX security tokens to the Polygon (MATIC) blockchain from Ethereum (ETH). In 2019, Energra tokenized 100% of its equity, enabling shareholders to digitally exercise their dividend, voting and governance rights. Both the initial tokenization and token … [Read more...] about Enegra migrates digitized equity tokens from Ethereum to Polygon blockchain
Vesta Equity and Algorand breathe new life into real etate tokenization
Global equity marketplace Vesta Equity has chosen the Algorand blockchain to launch its new real estate tokenization services, disrupting a decades-old industry and opening up the possibility for homeowners to convert their equity into digital assets.Under the new partnership, Vesta will utilize Algorand to further disintermediate the numerous parties involved in the … [Read more...] about Vesta Equity and Algorand breathe new life into real etate tokenization