FEATURED INVESTMENTS
Bitcoin
Bitcoin rises above $42,000 for first time since April 2022
Bitcoin rose on Monday 12/4, surpassing $42,000 for the first time since April 2022, in a new surge of momentum fueled by the possibility of U.S. interest rate cuts and traders betting that the U.S. will soon approve exchange-traded bitcoin funds.
Source : REUTERS
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Unchained
Unchained raises $60M to offer collaborative custody Bitcoin services
Texas-based Unchained Capital hopes to undermine single points of failure and mitigate counterparty risk with its substantial $60 million raise, led by Valor Equity Partners.
Source : COINTELEGRAPH
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Percent
Percent lands $30M investment to connect investors with private credit
Percent closed an oversubscribed $30 million Series B funding round led by White Star Capital with participation from Susquehanna, B Capital and others, more than doubling the company’s warchest at $48.2 million.
Source : TECHCRUNCH
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Staked
Crypto exchange Kraken acquires staking startup Staked
Crypto exchange Kraken announced that it had acquired Staked, a non-custodial staking startup. Kraken said the acquisition was "one of the largest crypto industry acquisitions to date" and would help them "develop innovative new staking products for all our clients and expand the number of supported networks.”
Source : TheBlock
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Alto
Alto Raises $40M Series B to Help Individuals Make Tax-savvy Investments
Alto has raised $40M in Series B funding led by Advance Venture Partners. Existing investors Unusual Ventures, Acrew Capital, Alpha Edison, Foundation Capital, and Coinbase Ventures also participated. Alto hosts nearly 20,000 funded IRAs representing close to $1 billion in assets.
Source : TECHCRUNCH
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Turing
Turing books $87M at a $1.1B valuation to help source, hire and manage engineers remotely
Turing — which uses AI to source, evaluate, hire, onboard and then manage engineers remotely (including the HR and compliance aspects) in a bigger platform that it calls the “Talent Cloud” — has raised $87 million, a Series D round of financing that values the startup at $1.1 billion.
Source : Techcrunch
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