News list for " $40 million"
Nasdaq-listed bitcoin miner Argo Blockchain announced that it has signed a senior secured convertible loan agreement with a financing scale of 40 million US dollars. The initial financing amount is 15 million US dollars, and the remaining 25 million US dollars will be completed in the next 18 months. Three multinational institutions participated in the investment (the name of the specific institution has not been disclosed) and will join the Argo board of directors. The new funds will be used to...
GnosisDAO has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from outside LPs. The fund, called the GnosisVC Ecosystem, will prioritize investments in projects working on real-world asset (RWA) tokenization, decentralized infrastructure, and financial payment channels.
Tanzanian fintech startup Nala has raised $40 million in Series A funding to support its B2B payments platform called Rafiki. The oversubscribed round was led by San Francisco-based venture capital firm Acrew Capital, with participation from DST Global, Norrsken22 and HOF Capital.
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