USA
Former Citi Exec Launches US$1.5 Billion Crypto Investment Vehicle
Founded by former Citi’s head of structured products Matt Zhang, crypto-focused investment firm Hivemind Capital Partners has launched its debut US$1.5 billion multi-strategy investment venture for the blockchain and digital asset ecosystem. The New York-headquartered firm will invest in crypto companies,
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Digital Currency Group to Move Headquarters From NYC to Stamford
Bitcoin and blockchain investor Digital Currency Group (DCG) will be relocating its headquarters from New York City to Stamford, Connecticut. The office of the Governor of Connecticut Ned Lamont announced that the move is expected to create over 300 jobs
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Crypto Payments Infrastructure Provider MoonPay Bags US$555 Million Series A
MoonPay, a crypto payments infrastructure provider, announced it has closed a $555 million Series A financing round led by Tiger Global Management and Coatue, bringing its post-money valuation to US$3.4 billion. The funding round also saw participation from Blossom Capital,
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Crypto Exchange Gemini Raises US$400 Million Valuing It at US$7.1 Billion
Gemini, a cryptocurrency platform, announced a US$400 million growth equity round which is its first-ever outside financing, pushing the company’s valuation to US$7.1 billion. The fundraise was led by Morgan Creek Digital with participation from 10T, ParaFi, Newflow Partners, Marcy
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Mastercard Finalises Acquisition of Danish Open Banking Firm Aiia
Mastercard announced it has completed its acquisition of Aiia, a Danish open banking technology provider that offers single and secure API access to banks and fintech companies, and enables users to easily perform account-to-account payments. Details of the deal which
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ConsenSys Raises Valuation to US$3.2 Billion With Us$200 Million Fundraise
Blockchain firm ConsenSys announced the close of a US$200 million financing round, bringing its valuation to US$3.2 billion. New investors Marshall Wace, Third Point, ParaFi Capital, and Think Investments contributed to the round alongside new partners that include Dragonfly Capital,
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Credit Card Startup Upgrade Raises US$280 Million Series F, Now Valued at US$6 Billion
Upgrade, Inc., a fintech company that offers affordable and responsible credit and mobile banking to mainstream consumers, announced that it raised a US$280 million Series F round at a US$6 billion pre-money valuation. Upgrade said that it has raised US$600
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MoneyLion Acquires MALKA Media to Accelerate Customer Growth
US-based neobank MoneyLion announced that it has acquired MALKA Media Group, a rapidly growing creator network and content platform. The acquisition builds on a four-year partnership between both entities. MALKA’s content engine as well as MoneyLion’s personalization technology and financial
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Investment Firm Paradigm Launches New US$2.5 Billion Crypto Fund
Paradigm, a crypto-focused investment firm based in San Francisco, announced a new US$2.5 billion venture fund to continue funding next generation crypto companies and protocols. The firm said that the size of the fund is reflective of crypto being the most
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SafeBreach Secures US$53.5 Million in Series D Funding Round
Breach and attack simulation startup SafeBreach announced that it has raised US$53.5 million in Series D funding, bringing the company’s total funding to over US$106 million. Led by Sonae IM and Israel Growth Partners (IGP), the round was also joined
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