The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $ 10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual Machine (EVM), aiming to spur creativity across the …
Moneyhash, a digital payments fintech startup, recently secured $ 4.5 million in a seed funding round. The fintech startup said it will use the capital raised to enhance its technology and fund its regional expansion drive. The Impact of COVID on Payments Moneyhash, an Egyptian fintech startup, recently secured $ 4.5 million in …
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $ 34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech provider advancing …
Bitwise has revealed in an amended filing with the U.S. Securities and Exchange Commission (SEC) a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 200 million. This significantly exceeds Blackrock’s $ 10 million seed commitment for its spot Bitcoin ETF that’s planned for Jan. 3. Bitwise’s $ 200 Million …
Blackrock has revealed a plan to seed its spot bitcoin exchange-traded fund (ETF) with $ 10 million on Jan. 3. The world’s largest asset manager has engaged in six recent meetings with the U.S. Securities and Exchange Commission (SEC) to address its filing. In response to the SEC’s concerns, the firm has opted for …