SoftBank – DIGIT INFO

Report: NFT Firm Candy Digital Cuts Over a Third of the Company’s Staff

With non-fungible token (NFT) sales a lot lower than they were at the start of the year, NFT companies and marketplaces are feeling the pain associated with the second-largest crypto winter to date. According to a report published on Monday and “multiple people familiar with the situation,” the NFT company Candy Digital is laying off […]

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FTX crisis feeds the Twitter rumor mill with hot takes and conspiracy theories

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

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3AC liquidators seek time, access to headquarters as Genesis, Algorand ties are untangled

In a court filing in Singapore, 3AC’s liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.

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Report: Softbank’s Internet Firm Z Holdings Plans to Launch NFT Mall in 180 Countries

Z Holdings, the internet subsidiary of the Japanese conglomerate holding company Softbank, is planning to launch a global non-fungible token (NFT) marketplace this spring. Z Holdings’ “NFT Mall” aims to target 180 countries and leverage the firm’s Paypay service in order to attract Web3, metaverse, and NFT patrons. Z Holdings Doesn’t Want to ‘Miss out […]

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Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin O’leary

The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and […]

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Privacy-focused applications platform Aleo raises $200M

Aleo will use the funds to support developers in building applications within its private and scalable platform.

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Mercado Bitcoin operator acquires Portuguese crypto exchange

After raising over $250 million from firms like SoftBank last year, Brazil’s 2TM Group is expanding into Europe.

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2TM, Mercado Bitcoin’s Holding Company, Raises $50.3 Million in Second Closing of Series B Funding Round

2TM, a Brazilian fintech unicorn that is the holding company of Mercado Bitcoin, one of the leading crypto exchanges on the continent, has closed its Series B funding round again, raising an additional $50 million. The funding round was led by U.S.-based 10T and Tribe Capital, with the participation of other new investors. 2TM Gets […]

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The Sandbox Scores $93 Million Investment Led by Softbank as Metaverse Tokens Thrive

The Sandbox, a blockchain-based metaverse game, has scored an investment of $93 million to keep expanding its metaverse proposal. The funding round was led by Softbank’s Vision Fund 2, an investment vehicle that puts funds on early tech-based companies. Other investors in the round included Animoca Brands, True Global Ventures, Liberty City Ventures, and Galaxy […]

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Everyone’s in The Sandbox: Artists, brands and creators pile into the Metaverse

New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks.

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