Softbank Group – DIGIT INFO

Japanese Software Giant Line Plans to Launch NFT Market Next Month

DIGIT — Thu, 24 Mar 2022 05:30:44 +0000

The Japanese social media and messenger software firm Line Corporation has announced the company is introducing a non-fungible token (NFT) marketplace on April 13. Line detailed on Wednesday that the market will be called “LINE NFT” and it will showcase “more than 100 types of NFTs.” Japan’s Line Corporation to Launch LINE NFT Marketplace In […]

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NFT Fantasy Football Platform Sorare Raises $680 Million in Series B Led by Softbank

DIGIT — Tue, 21 Sep 2021 19:30:14 +0000

On September 21, the non-fungible token (NFT) fantasy football platform Sorare announced the company raised $680 million in a Series B funding round led by Softbank. The capital raise gives Sorare a new valuation of around $4.3 billion and the company plans to open a U.S.-based office. Sorare Reveals $680M Capital Raise Non-fungible token (NFT) […]

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Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin

DIGIT — Fri, 02 Jul 2021 02:52:20 +0000

The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that it invested $200 million in the crypto-asset exchange Mercado Bitcoin. Mercado Bitcoin’s $200M Capital Raise: Softbank Funds […]

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Cryptocurrency and Stock Trading Platform Etoro Aims to Go Public Through a $10.4 Billion SPAC Deal

DIGIT — Tue, 16 Mar 2021 21:15:47 +0000

The online cryptocurrency and stock brokerage platform Etoro has announced the company is going public via a deal with a special purpose acquisition company called Fintech Acquisition Corp V. The Etoro merger is a $10.4 billion deal, backed by the banking entrepreneur and Fintech Acquisition Corp V chair Betsy Cohen. Etoro Enters a Special Purpose […]

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GPU Manufacturer Nvidia Buys Chip Maker ARM for $40 Billion

DIGIT — Fri, 18 Sep 2020 08:04:52 +0000

California-based Nvidia is buying British computer chip designer Arm Holdings from Softbank Group Corp. in a deal worth $40 billion. Nvidia, which specializes in making hardware for video game consoles and the crypto mining sector, said in a press release that it would pay Softbank a combination of cash and shares in the transaction. The […]

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