Drift Bags $25M Series B to Build the ‘Robinhood of Crypto’ on Solana
The company plans to use the funds to build financial tools for spot and derivatives trading and predictions market.
Commerzbank and Crypto Finance Team Up to Offer Digital Assets Trading Services
The German banking institution will provide custody services while Crypto Finance will enable the trading of digital assets.
Privado ID Merges with Verifiable Data and Reputation Management Platform Disco
The merger aims to accelerate the development of a unified chain-agnostic digital identity infrastructure bridging Web2 and Web3.
UK Fintech Giant Revolut Reportedly Creating Its Own Stablecoin
A company spokesman said Revolut is taking a compliance-first approach to its expanded product offering as it builds a safe harbour for the entire crypto community.
Borderless Capital Launches $100M DePIN Fund with Backing from Peaq, Solana and Others
This is Borderless Capital’s third fund and targets projects in the burgeoning decentralised physical infrastructure network segment of the crypto industry.
Hemi Labs Secures $15M Investment Round to Launch Modular Blockchain Network
Binance Labs, Breyer Capital, and Big Brain Holdings co-led the round according to press material shared with NFTgators.
Paradigm-Backed Vana Secures $5M Strategic Round Led By Coinbase Ventures
Vana is building a network of DAOs that use its blockchain technology to pay users for sharing data that is used to train AI models.
Circle Integrates USDC With National Payment Systems in Brazil and Mexico
The USDC stablecoin was previously only available via crypto exchange platforms in the two countries.
Crypto VC Firm Dragonfly Raising $500 Million for Its Fourth Fund
The new fund targets early-stage crypto projects and has already garnered $250 million according to Bloomberg.
Multicoin Leads $10M Round for Decentralised Internet Infrastructure Network Pipe
Permissionless Labs is building Pipe, a content delivery network that uses crypto tokens to incentivise those hosting internet infrastructure.