Backed Financial News
21.11 / 09:51
business
Blockchain
Adoption
Bitcoin
Backed
El Salvador to inaugurate Bitcoin City backed by $1B Bitcoin bonds
El Salvador continues to lead the Bitcoin (BTC) adoption drive as President Nayib Bukele announces the launch of Bitcoin City, which will be funded initially by $1 billion Bitcoin bonds.
18.11 / 16:29
IPO
Backed
Warren Buffet-backed Paytm falls sharply on first day of trading
MUMBAI — Shares in the owner of Indian mobile-payments company Paytm fell sharply on their first day of trading, after it sold about $2.5bn of stock in the country’s largest initial public offering.
18.11 / 12:01
Blockchain
JPMorgan
SoftBank
Backed
stake
JPMorgan takes stake in SoftBank, Goldman-backed blockchain startup
JPMorgan has taken a stake in Blockdaemon, a blockchain infrastructure startup that also includes SoftBank, Goldman Sachs and crypto exchange Kraken among its investors.
08.11 / 22:29
ETF
Bitcoin Futures
SEC
Bitcoin
Backed
BREAKING: BlockFi files for physically-backed Bitcoin ETF
Cryptocurrency lending firm BlockFi has filed paperwork with the United States Securities and Exchange Commission, or SEC, to launch a physically-backed Bitcoin exchange-traded fund, kicking off what's expected to be a big week for the crypto markets
04.11 / 17:03
Blockchain
Ethereum
Developers
Backed
FTX-backed studio explains why Solana is better for game developers
While the Ethereum blockchain has the community advantage, the competition with Solana is heating up thanks to the rise of blockchain-based play-to-earn games, which is now simply called GameFi.
04.11 / 16:29
Ethereum
Adoption
NFT
lending
Backed
NFT-Backed Lending Market Rises, USD 1.4M Borrowed With an NFT as Collateral
Non-fungible tokens (NFTs) are increasingly being used as collateral against loans. Recently, the possibly largest ever such loan was issued for USD 1.4m using the crypto lending platform NFTfi, with the Autoglyph 488 NFT as collateral.
02.11 / 17:27
29.10 / 19:51
business
Investments
Funding
Backed
Rally founders launch crypto venture studio backed by a16z partner
Two blockchain entrepreneurs have launched a new cryptocurrency fund designed to bootstrap promising Web 3 startups, sending a strong signal that venture capital is eyeing the next builders of the decentralized internet.
29.10 / 15:19
Blockchain
Digital
Platform
Gemini
Backed
Hong Kong VC firm, backed by Winklevoss twins, seeks $300 million for new crypto fund
Hong Kong has been one of the significant financial centers in the world. And as the world of crypto has been developing, the country has seen a growing population of crypto enthusiasts. To serve these demands, CMCC global, a Hong Kong-based venture capital firm is now aiming to gain $300 million worth of assets in its latest crypto fund.
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