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Solana-Based Drift Raises $25M to Build 'SuperApp' for DeFi Trading

[Sep 19 11:46 AM] The DeFi platform plans to build an array of financial services tools, including spot and derivatives trading and a predictions market.

Wintermute in $300M funding talks, Tencent interested: Report

[Jul 23 1:23 PM] The crypto market maker could have a valuation of $2 billion if the talks come to fruition.

Standard Chartered-Backed Blockchain Firm Partior Closes $60 Million Series B Round

[Jul 13 9:37 PM] Blockchain firm Partior announced on July 12 that it had closed a $60 million Series B funding round led by Peak XV Partners. The investment will be used to enhance Partior’s capabilities, including intraday foreign exchange swaps, cross-currency…

Espresso Systems Raises $28M in Fresh Funds, Led By A16z Crypto

[Mar 21 10:00 AM] The leading shared sequencer firm said it would further invest in its products as well as additional hires.

Bitcoin Rewards Platform Lolli Concludes $8M Series B Funding Round

[Dec 14, 2023 8:30 AM] Lolli, a leading bitcoin and cashback rewards platform, has announced the successful closure of an $8 million Series B funding round today, according to a press release sent to Bitcoin Magazine. The investment was led by BITKRAFT Ventures…

Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service

[Nov 29, 2023 5:00 AM] The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.

African Fintech Startups Raised $1.45 Billion in 2022 — Sector’s Share of the Continent’s Total Funding Drops

[Feb 19, 2023 4:30 AM] Despite seeing their share of Africa’s startup funding drop from 48.3% seen in 2021 to 43.4% in 2022, fintech still managed to raise 39.3% more capital in 2022 ($1.45 billion) than they did in 2021 ($1.04 billion). Nigeria was again the…

Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

[Feb 4, 2023 10:30 AM] As the artificial intelligence (AI) wars intensify, the AI firm Anthropic has raised $300 million from Google and sources say that the tech giant will get roughly a 10% stake in the AI company. Interestingly, in April 2022, Anthropic raised…

Fiat-to-Crypto Company Ramp Raises $70 Million to Solve the Crypto Onboarding Problem

[Nov 14, 2022 5:00 AM] Ramp, a fiat-to-crypto company, has announced it has raised $70 million as part of its Series B funding round. The round was co-led by Mubadala Capital and Korelya Capital, with Balderton Capital and Cogito Capital participation. The company…

Egyptian Fintech Raises $31 Million in Series B Funding Round

[Nov 9, 2022 10:30 PM] Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other…

Report: Singapore’s State Investor Temasek Is Engaging With Embattled Crypto Exchange FTX

[Nov 9, 2022 6:30 PM] According to a report published on Nov. 9, 2022, Temasek Holdings, the Singaporean state holding company owned by the government of Singapore is allegedly engaging with FTX amid Binance’s plans to bail out the crypto trading firm. Singapore’s state…