UK FinTech firm Revolut has raised $250 million in its Series C investment round. The funding round, which gives the company a $1.7 billion post-money valuation, was led by Hong-Kong based DST Global with existing investors Index Ventures and Ribbit Capital also participating.
Crypto startup MobileCoin has raised $30 million in a fundraising round led by Binance Labs, a blockchain startup incubator associated with crypto exchange Binance.
MobileCoin is an effort to develop a fast, private, and easy-to-use cryptocurrency that can be deployed in resource constrained environments to users who aren’t equipped to reliably maintain secret keys over a long period of time,
The German Federal Financial Supervisory Authority (BaFin) has granted marketing authorization and registration to Munich-based BITREAL Capital GmbH for a cryptocurrency and real estate hybrid fund.
Founded 2017, BITREAL Capital is a “fund initiator and innovator” in the area of special alternative investment funds (AIFs).
AngelList has revealed that the number of cryptocurrency-related job listings on its platform has doubled in the past three months.
Created in 2010, AngelList is a website for startups, angel investors, and job-seekers looking to work at startups. It started as an online introduction board for tech startups that needed seed funding.
Accounting and services firm Ernst & Young (EY) is piloting a suite of blockchain audit technologies that enhances the ability to perform an in-depth review of cryptocurrency business transactions.
Called the EY Blockchain Analyzer, the proprietary technology has been developed utilizing experience gained when working with global clients in the US,
Blockchain startup Gem will be launching an all-in-one cryptocurrency application to bridge the gap between early adopters and mainstream users.
Founded in 2013 by Micah Winkelspecht, Gem has been deploying blockchain and wallet technology for startups and large enterprises alike, including Philips,
South Korea’s Bithumb exchange, the country’s largest with a daily trading volume of US $476 million, is planning to issue its own cryptocurrency, Bithumb Coin.
According to local news outlet TokenPost, Bithumb recently announced the establishment of its unit in Singapore for the issuance of the token.
The Philippines Securities and Exchange Commission (SEC) has warned the public against investing in 14 new unregistered cryptocurrency schemes.
Based on an investigation conducted by the SEC, the following entities are either using fiat money or cryptocurrencies to solicit investments but are not registered with the regulator: NewG,
Cryptocurrency startup Intangible Labs has raised $133 million in a Series B funding round from a slew of big investors.
The latest funding round, which was structured as a private placement, was led by Bain Capital Ventures. About 225 accredited investors participated in the round,
XP Investimentos, the biggest investment firm in Brazil, is reportedly planning to launch a cryptocurrency exchange.
XP Investimentos provides individuals with access to financial education with topics ranging from investment basics to advanced portfolio management strategies. The XP Group also includes an asset management company with more than $35 billion for over 500,000 clients under management and an insurance broker.