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 : TheBlockread more
Online checkout firm Bolt valued at $11B after BlackRock-led funding
Online checkout platform Bolt raised $355M in a late-stage funding round led by fund manager BlackRock at a valuation of $11B. Other investors include Schonfeld, Invus Opportunities, H.I.G. Growth and CE Innovation Capital, along with existing investors Activant Capital and Moore Strategic Ventures.
Source : REUTERSread more
Alto Raises $40M Series B to Help Individuals Make Tax-savvy Investments
Alto announced today that it 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 : TECHCRUNCHread more
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 : Techcrunchread more