Early Tesla investor Baillie Gifford invests $100M in Blockchain.com
Big tech investor Baillie Gifford has backed the largest single investment in major crypto wallet service Blockchain.com. Go to Source Powered by WPeMatico
Investments
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Andreessen Horowitz leads $28M Aleo raise
Several other high-profile investors contributed to the raise, including Coinbase Ventures and Galaxy Digital. Go to Source Powered by WPeMatico
Publicly-traded First Foundation invests in NYDIG as belief in digital assets grows
The two companies also announced a strategic partnership that would allow First Foundation to provide clients with secure access to Bitcoin-related investment products. Go to Source Powered by WPeMatico
Deutsche Telekom invests in mobile DeFi platform Celo
Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Go to Source Powered by WPeMatico
Democratizing trading: After GameStop, does more need to be done?
There’s been a lot of talk about democratizing trading in recent years. But does the recent GameStop saga indicate that more needs to be done? Go to Source Powered by WPeMatico
Mergers and acquisitions are rising, leaving crypto assessments in question
Questions around cryptocurrency assessments gain momentum, which brings some nuanced challenges in assessing crypto’s place in M&A. Go to Source Powered by WPeMatico
Pendle Finance raises $3.5M to launch secondary market for DeFi yields
The company is building a tokenization platform to better enable users to manage their DeFi yields. Go to Source Powered by WPeMatico
UK hedge fund reportedly plans to invest $84M in crypto
The firm’s co-founder Alan Howard already has a personal stake in One River Digital Asset Management’s crypto ventures. Go to Source Powered by WPeMatico
Blackrock CEO says crypto ‘may become a great asset class’ but is no substitute for currency
Larry Fink said he hadn’t been seeing great institutional demand for crypto within Blackrock’s circles. Go to Source Powered by WPeMatico
Millions of Swedish savers have exposure to Bitcoin via state pension fund
Five million Swedes have indirect exposure to Bitcoin through the shares held by state pension fund AP7. Go to Source Powered by WPeMatico