Backed Financial News
04.01 / 11:27
Provident
Backed
Private equity firms backed tech deals with record $402bn in funding
Private equity firms had a blockbuster year for deal making, largely driven by technology investments.
31.12 / 19:09
30.12 / 17:21
Ethereum
defi
Investments
Loans
Backed
Genesis issues $6M NFT-backed loan to Meta4 Capital
Genesis Global Capital has completed one of its first purely NFT-backed loans for $6 million to Meta4 Capital, a Miami-based Web3 focused investment management firm. This loan is notable not just for its amount but for solely using nonfungible tokens (NFTs) as collateral instead of including broader liquid collateral. Meta4 operates as an NFT VC backed by Andreessen Horowitz, specializing in acquiring presumed rare and historically significant NFTs.
29.12 / 06:51
Blockchain
Tourism
travelers
Backed
services
Token backed by tourism services provides deals and cashback to travelers
The travel industry is still growing at an unprecedented pace, now making up the second-fastest-growing industry. Success in this industry is defined by user comfort and the ability to participate in experiences in a cost-effective manner. Unfortunately, the industry still faces a few barriers before it is able to address all consumer concerns.
24.12 / 14:54
15.12 / 20:24
lending
Investment
Financial Services
Bitcoin
Ledn
Backed
Bitcoin-Backed Mortgages Coming to the US and Canada in 2022 as Ledn Raises USD 70M
A new bitcoin (BTC)-backed mortgage product that allows clients to borrow up to 100% of the value of their BTC stack might be launched in the US and Canada within months by digital asset savings and credit start-up Ledn.
13.12 / 14:49
Backed
Private equity firm backed by some of America’s wealthiest families accused of misusing funds
The Securities and Exchange Commission is investigating a private-equity firm backed by several ultrarich US families after receiving complaints that its owner was using investor funds to cover personal expenses, documents show.
05.12 / 18:01
Digital
Tesla
GameStop
Backed
Steve Cohen-backed start-up bets on 24-hour trading so investors can react instantly to tweets
Hedge-fund billionaire and NY Mets owner Steve Cohen has invested in a crypto start-up that aims to launch a stock exchange with 24-hour trading.
05.12 / 16:35
UPS
SUN
Bitcoin
debate
Backed
What you should know about the debate around Bitcoin-backed bank loans
A few years from now, could your next loan be backed by Bitcoin? A mind-blowing concept isn’t it? And, that’s exactly what investment expert Anthony Pompliano and Schiff Gold Chairman Peter Schiff sat down to debate during an episode of Pompliano’s business show.
03.12 / 16:27
Provident
Deal
Backed
American Express close to deal with Apollo-backed Spac
American Express Global Business Travel is close to a merger with a blank-cheque company backed by Apollo Global Management to go public with a roughly $5.3bn valuation, people familiar with the matter said.
03.12 / 15:33
Coindesk
Bitcoin
Backed
Goldman Sachs to consider offering bitcoin-backed loans
Goldman Sachs is exploring plans which could see the Wall Street bank use bitcoin as collateral for institutional cash loans, according to a report.
30.11 / 22:19
30.11 / 19:33
markets
solana
Grayscale
Backed
Solana price eyes $300 as Grayscale launches SOL-backed trust
Solana (SOL) held onto its intraday gains on Nov. 30 as Grayscale Investments, the largest cryptocurrency fund in the world, announced that it would add SOL to its product line.
29.11 / 12:27
Digital
JPMorgan
Software
Chase
Backed
valuation
A fintech helping banks enter the cloud hits $1 billion valuation in JPMorgan-backed investment
LONDON — British fintech start-up Thought Machine has raised $200 million in a fresh round of funding that lifts its valuation above the coveted $1 billion mark.
29.11 / 11:11
CBDC
RBI
Cryptocurrency Bill
Backed
RBI-backed CBDC likely to feature in crypto bill: official
New Delhi: The proposal for a central bank digital currency (CBDC) backed by the country’s banking regulator may be included in the upcoming bill to regulate cryptocurrency, a top government official told ET.
25.11 / 05:27
Blockchain
UPS
Ethereum
Provident
Backed
Liquid Craft’s Liquor Backed NFT Series, Dragons and Bourbon Has Released
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
25.11 / 03:31
24.11 / 12:41
Provident
Digital
Ripple
Strategy
Backed
Ripple joins hands with Palau for ‘world’s first government-backed stablecoin’
The island nation of Palau is the latest country to announce a partnership with Ripple. The collaboration is set to explore the country’s strategy for a national digital currency with the XRP Ledger (XRPL).
23.11 / 16:07
Strategy
Backed
El Salvador To Build World's 1st "Bitcoin City" With Money From $1 Billion Bitcoin-Backed Bond
El Salvador plans to build the world's first "Bitcoin City" with money from a $1 billion bitcoin-backed bond the country's President Nayib Bukele said on Saturday.
23.11 / 12:29
FIVE
Bitcoin
Backed
El Salvador is getting ready to roll out a bitcoin-backed bond
El Salvador is planning to issue next year $1bn in bonds backed by bitcoin, the latest effort by the economically stressed Central American nation to attract crypto capital.
23.11 / 11:21
Bitcoin news
Bitcoin Price
Backed
El Salvador plans first 'Bitcoin City', backed by bitcoin bonds
El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling down on his bet to harness the crypto currency to fuel investment in the Central American country. Speaking at an event closing a week-long promotion of bitcoin in El Salvador, Bukele said the city planned in the eastern region of La Union would get geothermal power from a volcano and not levy any taxes except for value added tax (VAT).
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