Ripple Raises $500M at $40B Valuation in Fortress-Led Round
Ripple has raised $500 million in a new strategic investment round led by Fortress Investment Group and Citadel Securities, valuing…
Category: Financial
CoinDesk 20 Performance Update: SUI Gains 9.6%, Leading Index Higher
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The…
Ripple Raises $500 Million at $40 Billion Valuation Following XRP\’s Historic Surge
Crypto fintech company Ripple announced a $500 million strategic investment on Wednesday, at a $40 billion valuation. The firm, whose…
Coinbase CLO: Bank Groups Opposing Trust Charter Bid Engaging in \’Protectionism\’
The Office of the Comptroller of the Currency faces pressure from bank lobbyists as crypto exchange Coinbase demands a fair…
Virtune launches first Stablecoin Index ETP in Europe
Swedish crypto asset management company Virtune announced the launch of the Stablecoin Index ETP on Nasdaq Stockholm, Nasdaq Helsinki, and…
Lava Raises $200M for Bitcoin-Backed Line of Credit, Announces New Borrow Rates Starting at 5%
Lava, a global platform for bitcoin-backed loans, today announced a $200M funding round and the launch of a new product,…
Ripple Holders Refuse to Sell in $1B Tender Offer
According to a recent report by The Information, Ripple Labs offered to repurchase $1 billion worth of shares at a…
Regulators and Banks Are Going All-In on Tokenization – And This Latin American Summit Proves It
Brazil and Hong Kong central banks successfully pilot a cross-border CBDC trade finance platform using Chainlink’s interoperability protocols. Blockchain Summit…
Strategy Proposes €100 Million Euro-Denominated Stock IPO
Key Highlights Strategy announced a proposed Initial Public Offering (IPO) for a new class of new class of preferred stock,…
Strategy files IPO for euro stock to fund more Bitcoin buys
Crypto treasury company Strategy has filed for an initial public offering of a euro-denominated perpetual stock amid its ongoing strategy…