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Cryptocurrency Firm Circle Raises $110 Million to Launch Dollar-Backed Token

A Beijing-based maker of hardware for cryptocurrency mining has led a $110 million funding round for a Boston-based digital currency company......»»

Category: blogSource: 247wallstMay 16th, 2018

Goldman-backed startup introduces crypto version of US dollar

Fintech company Circle is introducing a new cryptocurrency pegged to the U.S. dollar, and it announced a $110 million investment by profitable cryptocurrency mining company Bitmain that brings its value near $3 billion......»»

Category: topSource: moneycentralMay 15th, 2018

Goldman-backed startup introduces crypto version of US dollar

Fintech company Circle is introducing a new cryptocurrency pegged to the U.S. dollar, and it announced a $110 million investment by profitable cryptocurrency mining company Bitmain that brings its value near $3 billion......»»

Category: topSource: moneycentralMay 15th, 2018

BitPay Integrates PAX Stablecoin Into Cryptocurrency Payment Platform

Bitcoin payment platform BitPay is now going to allow payments with the Paxos Standard token PAX which it calls the fastest growing stablecoin and the highest trading volume of any U S dollar backed stablecoin Although BitPay.....»»

Category: futuresSource: nasdaqNov 22nd, 2018

Circle’s Dollar-Tied Stablecoin Fully Backed, Auditor’s ‘Attestation’ Says

Circle Internet Financial had $127.5 million at the end of last month, enough to back the total number of USDC stablecoins in circulation......»»

Category: forexSource: coindeskNov 21st, 2018

Exclusive: Cloud Securer Netskope Raises $170 Million, Sprouts ‘Unicorn’ Horn

Meet the latest billion-dollar cybersecurity firm. Netskope, a cybersec.....»»

Category: europeSource: fortuneNov 13th, 2018

Salsify raises $43M with public company future in mind

Salsify Inc., a fast-growing e-commerce software startup, has raised $43 million in a Series D round led by Greenspring Associates, a Maryland-based investment firm that has backed other e-commerce players like TheRealReal and Rover. In an intervie.....»»

Category: topSource: bizjournalsAug 7th, 2018

Boehner-Backed Cannabis Firm Raises $119 Million Ahead of IPO

Marijuana cultivator and dispensary operator Acreage Holdings raised $199 million in a venture funding round that precedes the firm's expected IPO this fall......»»

Category: blogSource: 247wallstJul 23rd, 2018

Today In Cryptocurrency: Circle Raises $110 Million, Blockchain ETF Launches

The cryptocurr.....»»

Category: blogSource: benzingaMay 16th, 2018

Metal-making startup raises $20 million from clean-energy fund backed by Bill Gates and Jeff Bezos

The company, which was part of MIT's The Engine incubator, promises an emission-free method for producing steel and other metals......»»

Category: topSource: bizjournalsJan 11th, 2019

Atlanta bitcoin startup raises $182M

Bakkt, an Atlanta-based cryptocurrency exchange, raised $182.5 million from 12 notable investors and VC firms, according to a New Year’s Eve announcement. Boston Consulting Group, CMT Digital, Eagle Seven, Galaxy Digital, Goldfinch Partners, Ala.....»»

Category: topSource: bizjournalsJan 4th, 2019

Crypto-mystery clues suggest Tether has the billions it promised

As Tether grew into a multibillion-dollar engine of the cryptocurrency market, skeptics kept warning that the digital coin, whose main selling point is that it’s pegged to the dollar, wasn’t actually backed by an enormous pile of cash. .....»»

Category: topSource: moneycentralDec 18th, 2018

Overstock’s tZERO to Develop a Cobalt-Backed Token for Hong Kong Investor

The engagement could lead to the tokenization of up to $200 million worth of cobalt, which is used to make electric vehicle batteries, in 2019......»»

Category: forexSource: coindeskDec 17th, 2018

Center City startup Guru raises $25M in Series B

Center City tech firm Guru is reaching a level few local startups get to see. The company announced Wednesday morning it raised a $25 million Series B round to expand its AI-driven, knowledge management platform, bringing its total funding to date .....»»

Category: topSource: bizjournalsDec 12th, 2018

Arlington life sciences advisory firm raises $21M, buys competitor

Bioinformatics Inc. has raised $21 million in Series B funding and has already made an acquisition with the funds. The Arlington-based consulting firm, which provides research and advisory services to life science and diagnostic companies, paid $.....»»

Category: topSource: bizjournalsDec 10th, 2018

Venezuela to Sell Oil for Petro Cryptocurrency in 2019, Says Maduro

Venezuela's President Maduro has said the nation will sidestep the dollar and use its controversial petro token for oil sales next year......»»

Category: forexSource: coindeskDec 7th, 2018

Goldman-backed Cogito raises another $8M, acquires startup

Boston-based Cogito Corp., an MIT-born company that puts artificial intelligence technology to work in call centers, has topped off its Series C funding round with $8 million, in part from new investors Hearst Ventures and Battery Ventures. The.....»»

Category: topSource: bizjournalsDec 5th, 2018

FBI Arrests AriseBank CEO Over $4 Million Crypto Fraud

The FBI has arrested the CEO of cryptocurrency platform AriseBank after he was indicted over an alleged multi-million dollar scam......»»

Category: forexSource: coindeskNov 29th, 2018

Nasdaq, VanEck Partner to Launch ‘Crypto 2.0’ Futures Contracts

The second largest stock exchange in the world - NASDAQ - is partnering with investment management firm VanEck to bring to market a new generation of cryptocurrency futures products......»»

Category: forexSource: coindeskNov 28th, 2018

Dental Care Startup Quip Raises $40 Million Following Launch at Target

The subscription economy continues to boom. Quip, an oral health care startup that has boomed with the proliferation of startups banking on the so-called subscription economy, is only getting bi.....»»

Category: europeSource: fortuneNov 27th, 2018

Coinbase Backs Security Token Startup’s $12.7 Million Funding Round

Security token startup Securitize has raised $12.75 million in Series A funding backed by Coinbase Ventures and Ripple's Xpring, among others......»»

Category: forexSource: coindeskNov 26th, 2018