Line Next, a subsidiary of Line Corporation, said on Dec. 13 that it has secured a $ 140 million investment in a funding round led by the Peter Thiel-sponsored Crescendo Equity Partners. Line Next has said it will use the capital raised to fund the expansion of its global business and develop new services. …
Meme Coin Rebel Satoshi Smashes Through Round 1 Presale in 10 Days
PRESS RELEASE. Rebel Satoshi, the meme coin on a community-driven mission to unite the silent majority and secure a $ 100 million market cap, has smashed through its first two fundraising rounds and attracted $ 500,000 since November 5th. The Early Bird Round sold out in 3 weeks with Rebels Round 1 selling …
Blockchain.com Raises $110 Million in Series E Round Led by Kingsway
Blockchain.com, a cryptocurrency enterprise offering a digital asset exchange, a blockchain explorer, and a non-custodial wallet, has recently secured $ 110 million in a Series E funding round spearheaded by Kingsway. Despite this successful funding round, Blockchain.com’s post-valuation reportedly stands at less than half of its value estimated in 2022. Investors Inject $ …
Chainalysis Lays Off More Staff in New Round of Crypto Job Cuts
Blockchain forensics firm Chainalysis is shedding a chunk of its workforce, the second time it’s doing so within this year. The news comes in a difficult period for the whole industry which saw a number of such moves in 2023, against the backdrop of a persistent bear market and increased regulatory pressure. Crypto Analytics Company […]
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
An Africa-focused remittances platform, Lemfi, recently said it has raised $ 33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less Complicated Lemfi, an Africa-focused remittances …