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Funding

LINE Launches $10 Million Token Venture Fund, Lists TRON on Crypto Exchange

Japan’s largest messaging app LINE has established a new corporate token venture fund with $10 million in capital for startups in the blockchain and crypto industry. With over 600 million registered users and 200 million monthly active users worldwide on its messaging app, Japan’s LINE announced its entry into the cryptocurrency space after filing to The post LINE Launches $10 Million Token Ventur...
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Blockchain Music Startup Raises $5.5 Million in Series A Funding

Audius, a decentralised, community-owned music sharing platform billed as the blockchain’s answer to Soundcloud has announced the successful completion of a $5.5 million Series A funding round as it launches the world’s first ever blockchain-based music sharing protocol. Made on August 8, 2018, the announcement revealed that the funding round was led by General Catalyst and The post Bl...
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Singapore VC Firm Launches Dedicated $10 Million Cryptocurrency Fund

Singaporean venture capital firm Golden Gate Ventures is launching what it bills as Southeast Asia’s ‘first dedicated VC cryptocurrency fund’ with $10 million in investment capital. Dubbed LuneX Ventures, the fund will see a ‘laser-like focus’ on the cryptocurrency and blockchain space by investing in early-stage startups including cryptocurrency exchanges, the VC firm said on The post Singapore V...
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$270 Million: Chinese Firm Backs Overstock Blockchain Subsidiary in Record Investment

GSR Capital, a Chinese private equity firm is set to establish what would become the largest ever single investment in a blockchain platform. The investment by GSR Capital will see it acquire about 3.1 million shares of US-based Overstock, amounting to about 10% in overall shares of the company. A Fragmented Procedure As contained in The post $270 Million: Chinese Firm Backs Overstock Blockchain S...
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Blockchain Startup Raises $24.8 Million to Bring Tax Auditing to Crypto Assets

Libra, a provider of financial reporting services for the crypto assets ecosystem, has closed a $15 million Series B funding round, bringing the company’s total funding to $24.8 million. The funding bodes positively for financial institutions interested in expanding into cryptocurrency since Libra has been able to apply the type of reporting tools that such The post Blockchain Startup Raises $24.8...
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Uber’s Biggest Shareholder Backs $15 Billion Bitcoin Giant Bitmain: Report

Crypto mining hardware manufacturer Bitmain has reportedly secured China’s biggest technology company Tencent and Japan’s Softbank, Uber’s biggest shareholder, as investors in a pre-IPO financing round. Chinese crypto giant Bitmain, commonly known for manufacturing bitcoin mining equipment and operating mining pools, is attracting interest from some of the world’s biggest companies and investors a...
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Crypto Mining Firm Argo Blockchain Raises $32 Million in Pioneering London IPO

Argo Blockchain, a UK-based digital coin mining company has become the first cryptocurrency company to be listed on the London Stock Exchange. The company recently completed an initial Public Offering (IPO), placing 156,250,000 ordinary shares accounting for 53.2% of its issued share capital valued at 0.16 GBP each.The IPO raised 25 million GBP ($32.5 million), The post Crypto Mining Firm Argo Blo...
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High Times Launches First Ever IPO to Accept Bitcoin, Ethereum

High Times, a prominent New York publication advocating cannabis usage, is breaking new ground in the cryptocurrency world by accepting crypto during its IPO, the first ever stock offering to do so. High Times CEO Adam Levin said: “High Times has been at the forefront of popular culture for more than four decades. Now we’re taking The post High Times Launches First Ever IPO to Accept Bitcoin, Ethe...
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Hedera Hashgraph Raises $100 Million, Claims $6 Billion Valuation

Hedera Hashgraph, a U.S. based distributed public ledger that plans to offer a cryptocurrency, a file storage service and a smart contract platform, has raised $100 million from institutional and has announced a valuation of $6 billion. The company announced on Twitter that it is currently offering tokens at $0.12, the same amount that investors The post Hedera Hashgraph Raises $100 Million, Claim...
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‘Dark Horse’ U.S. Presidential Candidate Accepts Bitcoin Donations

Andrew Yang, a “dark horse” U.S. presidential candidate running as a Democrat, tweeted that he is accepting donations in bitcoin, Ether and other cryptocurrencies for his 2020 presidential bid. Yang is a successful entrepreneur who founded an organization called Venture for America, an entrepreneurial fellowship. He authored a book called “The War on Normal People” The post ‘Dark Horse’ U.S. Presi...
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