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
Oorbit raises $5M from Mark Cuban, Deadmau5 and more for metaverse platform
Oorbit has raised $5 million in funding for its metaverse platform from Mark Cuban, Deadmau5 company Pixelynx, and HOF Capital. The London-based company is making an interactive entertainment platform for the metaverse and it hopes to make it accessible to everyone.
Source : VENTURE BEATread 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
OpenNode Closes $20 Million Series A Raise with Investment from Kingsway, Twitter, and Avon Ventures (a Fidelity Investments affiliate)
OpenNode, an industry-leading bitcoin payment processor and infrastructure provider, announces the close of an oversubscribed $20M Series A raise at a $220M valuation led by UK-based firm Kingsway and with additional investment from Twitter, Tim Draper, and Avon Ventures, a venture capital fund affiliated with the parent company of Fidelity Investments.
Source : PRNEWSWIREread 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