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Jun. 23, 2022

NFTs: The next logical step for incumbents?

Goldman Sachs has announced they are exploring NFT's- Why? for some it's the logical next step for incumbents.
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Jun. 23, 2022

Crypto platform FalconX doubles valuation to $8 bln in new funding round

Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling its valuation in 10 months, its chief executive and founder Raghu Yarlagadda told Reuters, despite the recent slump in crypto markets.
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Jun. 22, 2022

Prime Trust Raises $107M With Eyes on Crypto IRA, Tokenized Asset Products

The Las Vegas company is going into build mode, bear market be damned.
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Jun. 21, 2022

BlockFi and FTX Ink $250 Million Revolving Credit Agreement

BlockFi, a cryptocurrency firm, signed a $250 million revolving credit agreement with FTX, a major cryptocurrency exchange.
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Jun. 21, 2022

Gen Z financial assistant app Cleo raises $80m at $500m valuation

Gen Z financial assistant app Cleo has raised $80 million, pegging its valuation at $500 million, five times that of its December 2020 valuation.
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Jun. 23, 2022

Warning signs emerge for neobanks: ‘Doomed to not survive’ 

A recent report found that less than 5% of challenger banks are breaking even. Will these startups be able to achieve profitability before investors’ patience wears thin?
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Jun. 22, 2022

Fintech Nexus USA 2022: Factors to consider with embedded finance

While there is plenty of opportunity for companies considering embedded finance, there are a host of factors to consider before the leap.
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Jun. 22, 2022

Republicans Seek to Counter Effort to Curtail Crypto Mining

The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
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Jun. 21, 2022

The future of finance is hybrid: Endaoment raises $6.67 million

Endaoment announced the completion of a combined fundraising round of $6.67 million in a mix of charitable donations and investment capital.
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Jun. 21, 2022

BlockFi Receives $250M Credit Facility From FTX

The proceeds will be used to fulfill client balances across all accounts.
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