Tag: Firm

Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says

Anthony B

“First Mover” dove into the crypto markets ahead of Shapella, a portmanteau of Shanghai and Capella, two major Ethereum network upgrades expected to occur simultaneously on April 12. Victoria Bills, Banrion Capital Management’s Chief Investment Strategist, joined the conversation. Ronit Ghose, Future of Finance Global Head at Citi, explained why the potential of blockchain will be measured in billions of users and trillions of dollars in value. Plus, Komainu CEO Nicolas Bertrand discussed the cryptocurrency custody joint venture of Nomura, Ledger and CoinShares. Author: Shaurya Malwa, James Rubin Source link

Mike Novogratz’s Galaxy Digital Agrees to Buy Self Custody Firm GK8 From Celsius

Anthony B

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Blockchain analytics firm TRM Labs nets £60m in expanded Series B

Fin Strathern

Blockchain analytics firm TRM Labs has expanded its Series B funding round with a £60 million injection led by Thoma Bravo. The intelligence company uses blockchain data and advanced analytics to detect and tackle financial crime. The expanded round was led by global private equity firm Thoma Bravo, with Goldman Sachs and previous TRM investors Amex Ventures, Citi Ventures, and PayPal Ventures all participating. TRM’s initial Series B kicked off in December last year, raising £51 million in a round led by Tiger Global. The fresh boost of funding will…

Binance CEO Estimates that the Firm May Spend Over $1B on Deals by the End of 2022

Godfrey Benjamin

Changpeng Zhao, the CEO of global leading digital-asset platform Binance has announced that the firm may spend more than $1 billion on investment by the end of 2022.  Zhao, also known as ‘CZ’ made this revelation in an interview with Blomberg and claimed that Binance could spend more than $1 billion on investments and asset purchases, despite what appears to be a volatile crypto market.    Recall that Binance has also invested $325 million in 67 additional projects in recent times. Meanwhile, the VC division of Binance has made several…