How crypto funds shape the development of the digital asset market
A look at the role played by crypto funds in providing essential capital and liquidity, propelling the growth and expansion of the crypto market. Go to Source Powered by WPeMatico
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How are Bitcoin options traders positioning for the US banking crisis?
The total crypto market cap has been ranging sideways, but Bitcoin derivatives markets indicate pro traders don’t expect any major price corrections. Go to Source Powered by WPeMatico
Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder. Go to Source Powered by WPeMatico
Unchained raises $60M to offer collaborative custody Bitcoin services
Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners. Go to Source Powered by WPeMatico
African blockchain ventures outpace global funding growth: Report
Africa witnessed a 429% YoY increase in venture funding in 2022, with the majority of funding coming from Seychelles and South Africa. Go to Source Powered by WPeMatico
Aleph Zero launches $50M ecosystem funding program
The Funding Program for the ecosystem involves grants, incubation, and acceleration for all phases of product development, with approved applicants receiving up to $500,000 per project. Go to Source Powered by WPeMatico
IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’
Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are already “feeling the effects of the funding crisis.” The IMF says countries from the SSA region should also consider … Read more
AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets
A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company … Read more
Crypto Hardware Wallet Maker Ledger Raises $100M Amid Growing Demand for Secure Storage Solutions
The cryptocurrency hardware wallet manufacturer Ledger has raised €100 million ($109 million) in funding, according to the company’s disclosure on Thursday. Ledger CEO Pascal Gauthier says there has been significant demand for hardware wallets. He added, “2023 is even better for us because now you can’t even leave money at a Swiss bank.” Ledger to … Read more
SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’
SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.” Go to Source Powered by WPeMatico
