Solana: its Magic Eden marketplace receives new funding despite the market crisis – BeinCrypto

Magic Eden, a Solana-based non-fungible token (NFT) platform, has surged in value following a new round of funding. Solana’s Magic Eden has raised an additional $130 million in a Series B funding round, bringing its valuation to $1.6 billion. This move is taking place despite a decline in the overall cryptocurrency market and NFT transactions, … Read more

Crypto Exchange KuCoin Hits US$10 Billion Valuation In Latest Funding Round

Crypto Exchange KuCoin Hits US10 Billion Valuation In Latest Funding

In May, crypto exchange KuCoin raised $150 million in its pre-Series B funding round, bringing its valuation to $10 billion. The funding was led by Jump Crypto and included other investors such as Circle Ventures, IDG Capital, and Matrix Partners. Although KuCoin is primarily known for its exchange services – with over 600 coins listed … Read more

Crypto Exchanges See Funding Rounds Postponed, Valuations Hit

Amid falling trading volumes and slowing funding, industry experts say Indian crypto exchanges’ funding rounds are being postponed and their valuations are also set to take a hit. Crypto research firm CREBACO Global said Activity area that he expects crypto exchange revenue to fall in the next quarter due to reduced trading volumes, which, in … Read more

Crypto Exchanges: Crypto Exchanges Face Dip in Funding Amid Low Exchanges, High Taxes, and Terra

Mumbai: Indian cryptocurrency exchanges were facing lower valuations, longer trading cycles and tough trading from venture capitalists due to lower trading volumes, discussions on more restrictive tax regulations and the impact of the Terra Luna collapse on retail investors. Market watchers say at least six deals, both financing and M&A, are stalled due to valuation … Read more

Crypto Exchange KuCoin Raises Funding To $10 Billion – TechCrunch

KuCoin’s valuation jumped to $10 billion in its first funding round in four years as the global cryptocurrency exchange seeks to deepen its Web3 ecosystem, it said on Tuesday. The Seychelles-based company said it raised $150 million in a pre-Series B funding round led by Jump Crypto. Circle Ventures, IDG Capital and Matrix Partners also … Read more

Crypto Startups Drive Q1 Fintech Funding Boom

Crypto Startups Drive Q1 Fintech Funding Boom

Friday 06 May 2022 1:00 p.m. Fintech firms raised $29.3 billion in the first quarter of the year through a series of high-value crypto deals that new data has revealed. A record $122 billion was raised by fintech companies in 2021 and the momentum continued in 2022 with funding up 13% in the first quarter, … Read more

Funding, sovereignty, public: NFTs shake up the codes of the cultural world

Funding sovereignty public NFTs shake up the codes of the

@Mika Baumeister Beyond the speculative side, NFTs, these blockchain-based digital certificates present many opportunities for the cultural world. This is what Godefroy Jordan, President of StartingDot and entrepreneur in the digital sector for 25 years, considers. With its Twineva service, the entrecovery supports cultural institutions, foundations, museums and artists to meet the challenges of political, … Read more

In search of funding, the sports world seizes on NFTs

On May 17, the Sedan Ardennes Sports Club (CSSA) is launching its collection of “non-fungible tokens” (or NFT, for Non-Fungible Token). Sorry ? Who does what ? Yes, the Sedan football club, illustrious for its unexpected final of the Coupe de France in 1999 and its unexpected adventure in Ligue 1 the same year and … Read more

Indian Crypto Exchange CoinDCX Surpasses $2.1 Billion Valuation in New $135 Million Funding – TechCrunch

Indian Crypto Exchange CoinDCX Surpasses 21 Billion Valuation in New

CoinDCX doubled its valuation to $2.15 billion in eight months after $135 million in new funding, it said today, as the Indian cryptocurrency exchange seeks to expand significantly. aggressively aggressive its product offerings and talent base, including some to double compliances in the world’s second largest. internet market. Steadview and existing backer Pantera co-led CoinDCX’s … Read more

Blockchain Startup Zenith Chain Secures $35 Million Funding From GEM Digital

Blockchain Startup Zenith Chain Secures 35 Million Funding From GEM

This financial support comes from Bahamas-based GEM Digital Limited, a digital asset investment company. Zenith Chain, a Blockchain startup based in Lithuania, has signed an investment financing agreement worth $35 million with GEM Digital Limited. The investment will serve as a means to move the business from where it currently stands to a much better … Read more