Sequoia China leads $25M equity round for DeFi wallet DeBank
Co-founded in 2018 by Chinese R&D expert Tang Hongbo, DeBank allows users to track 798 protocols across 17 chains. Go to Source Powered by WPeMatico
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Crypto Biz: What’s up with Jack? Dec. 16-23
Jack Dorsey’s controversial views about venture capital and Web 3.0 triggered a flurry of responses on Twitter this week. Go to Source Powered by WPeMatico
NFT-collateralized loan platform Arcade raises $15M in funding round
Pantera Capital’s Lauren Stephanian said the platform’s collateralization of NFTs could incentivize participation from institutional investors. Go to Source Powered by WPeMatico
Binance VC arm leads $60M round in cross-chain protocol Multichain
Shortly after rebranding from Anyswap last week, Multichain raised $60 million in a seed round led by Binance Labs. Go to Source Powered by WPeMatico
SBI Group launches crypto-asset fund for Japanese investors
The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio. Go to Source Powered by WPeMatico
Crypto Biz: All I want for Christmas is Bitcoin, Dec. 9–16
As the Federal Reserve keeps inflating asset bubbles this holiday season, gifting your loved ones some BTC doesn’t sound like a bad idea. Go to Source Powered by WPeMatico
Upbit crypto exchange’s blockchain sister firm raises $60M
Upbit operator Dunamu plans to expand its joint NFT venture with South Korean entertainment firm HYBE. Go to Source Powered by WPeMatico
KKR leads $350M raise for crypto custody bank Anchorage Digital
The raise marks the first time investment giant KKR directly invested in a cryptocurrency firm. Go to Source Powered by WPeMatico
Data suggests traders view $46,000 as Bitcoin’s final line in the sand
BTC and altcoins took a severe hit on Dec. 13, but derivatives data suggests traders are watching $46,000 as a signal of whether the current market structure will hold up. Go to Source Powered by WPeMatico
NYDIG raises $1B in funding, valuation now $7B
The company stated its goal is to enable access to Bitcoin financial services for everyday individuals. Go to Source Powered by WPeMatico
