Marathon Digital Holdings, Inc., now simply known as MARA, is rolling out a plan to offer $ 250 million in convertible senior notes set to mature in 2031. This move, targeting qualified institutional buyers, aims to generate funds for corporate ventures and the purchase of more bitcoin. MARA to Purchase More Bitcoin Following Private …
Hamilton Lane has become the first asset manager to introduce a private credit fund on the Solana blockchain, broadening its presence in the digital asset sector. By collaborating with Web3 protocol Libre, the firm aims to make its Senior Credit Opportunities Fund (SCOPE) available to a wider range of investors. Hamilton Lane Leverages Solana for […]
Pixelverse, a Web3 gaming ecosystem, has secured an additional $ 2 million in funding, bringing its total private round to $ 7.5 million. This funding was provided by several Web3 venture capital firms and prominent angel investors. Web3 Gaming Platform Pixelverse Secures $ 2M in Latest Funding Round Galaxy Interactive, Crit Ventures, …
The U.S. Securities and Exchange Commission (SEC) has lost another court case. On June 5, the 5th U.S. Circuit Court of Appeals overturned the SEC’s Private Fund Adviser rule, which was designed to enhance transparency within the nearly $ 27 trillion private fund industry. The court found that the SEC had overstepped its statutory …
Kelp DAO, a liquid restaking platform, has completed a private funding round, amassing $ 9 million to propel its growth in the decentralized finance (defi) sector. The funding aims to enhance the platform’s capabilities and expand into new ecosystems, including Solana and Bitcoin. Restaking Protocol Kelp DAO Secures $ 9 million Leading the …