Goldman Sachs has announced they are exploring NFT's- Why? for some it's the logical next step for incumbents.
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.
The Las Vegas company is going into build mode, bear market be damned.
BlockFi, a cryptocurrency firm, signed a $250 million revolving credit agreement with FTX, a major cryptocurrency exchange.
Gen Z financial assistant app Cleo has raised $80 million, pegging its valuation at $500 million, five times that of its December 2020 valuation.
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?
While there is plenty of opportunity for companies considering embedded finance, there are a host of factors to consider before the leap.
The word of caution comes after Democrats warned a top environmental official in April about harms of digital assets mining.
Endaoment announced the completion of a combined fundraising round of $6.67 million in a mix of charitable donations and investment capital.
The proceeds will be used to fulfill client balances across all accounts.