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According to people familiar with the matter, artificial intelligence startup Clay is seeking to raise funds at a valuation of $1.30 billion. Last June, the company completed a $46 million Series B financing at a valuation of $500 million, led by Meritech. Clay supports revenue operations and growth teams to automate lead generation. Its clients include Anthropic, Notion, Vanta, Ramp and Intercom.
The Bitcoin and Ethereum trading platform set up by Standard Chartered is about to become operational and will become part of the bank's foreign exchange trading arm, which will operate from London, according to people familiar with the matter. Banks, including Goldman Sachs Group, have been trading cryptocurrency derivatives for years, but strict regulations have prevented them from trading the underlying assets directly. The Basel Committee on Banking Supervision has proposed that banks must a...
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