Polymer Labs, the inter-blockchain communication (IBC)-based networking layer two (L2), recently disclosed that it had raised $ 23 million via a Series A funding round. Polymer said only Ethereum and all chains under the IBC control will initially be compatible with its interoperability solution. ‘Connecting Billions of Dollars in Value Across Rollups’ Polymer Labs, …
Cryptocurrency exchange Gemini is now registered as a digital asset service provider in France. The crypto firm explained that following the launch of its EU headquarters in Ireland in 2022, “Gemini is now operational in more than a dozen EU countries and more than 70 countries worldwide, with more countries on the roadmap.” Gemini Registered […]
In a recent interview, Rachel Aguirre, the head of product for Blackrock’s Ishares U.S., delved into the substantial inflows witnessed by the firm’s new spot bitcoin exchange-traded fund (ETF), known as IBIT. Aguirre highlighted that the IBIT ETF has attracted a diverse group, including “retail, self-directed investors, and some who were ready to invest day […]
The Egyptian fintech startup has revealed that it recently raised $ 4 million in funding via a round led by venture capital firms Raed Ventures and Cur8 Capital. CEO said the firm’s capital raise is expected to help Zeal accelerate its journey “towards utilizing AI to revolutionize retail customer engagement on a global scale.” …
The Y Combinator-backed Nigerian fintech startup has reportedly raised $ 1.5 million in pre-seed funding. Tolu Alabi, the CEO of Cleva, expressed confidence in her and fellow co-founder Philip Abel’s ability to navigate the competitive fintech market, citing their background as a factor that counts in the startup’s favor. Cleva Founders ‘Uniquely Qualified’ …