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Leading investment banks Goldman Sachs and Barclays are among the few to lead a $70 million funding round for a UK-based crypto trading platform Elwood Technologies, which valued the firm at around $500 million, according to a report by Financial Times. The funding exercise was supported by crypto-friendly German bank Commerzbank, digital asset investment manager […]
India’s leading trading platform CoinDCX has doubled its valuation to $2.15 billion after a fresh $135 million capital injection, with an aim to spread its footprint in the web3 and the crypto industry in general co-founder Neeraj Khandelwal tweeted today. The Series D financing round was spearheaded by Steadview and Pantera Capital. Others who backed […]
Tech giant Microsoft Corp co-led a $450 million funding of New York-based start-up ConsenSys. The financial round was backed by ParaFi Capital, Temasek Holdings, and SoftBank Group Corp which doubled ConsenSys’s valuation to $7 billion. ConsenSys was founded in 2014 by Joseph Lubin, a co-founder of Ethereum, the world’s second-biggest cryptocurrency. The firm’s most popular […]
Crypto exchanges are expanding their presence in the market as the trading platforms are in huge demand due to the
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