The proprietary trading arm of Italy's largest banking group, Intesa Sanpaolo, bought 11 BTC, or about 1 million euros.
Decentralized proprietary investment platform BasedVC completed a $2 million seed round with a $15 million post-money valuation, with participation from Neo Tokyo, Kongz Capital, and angel investors such as Mario Nawfal, Crypto Banter, Ashcrypto, and Kmanu. According to the team: "In the past year, the BasedVC platform has generated over $65 million in revenue and deployed investments into over 50 cryptocurrency projects. As a decentralized investment portal, we enable communities and retail inv...
Cryptocurrency proprietary trading firm Breakout Trading Group has raised $4.50 million in a seed round led by RockawayX. Breakout said Wednesday that other investors in the round include Andrew Kang's Mechanism Capital, Round13 Capital, C ² Ventures and IOBC Capital. Breakout co-founder and CEO Alex Miningham said the company began funding its seed round in February and closed it with an oversubscription earlier this month. Breakout initially sought 3 million...
Bitcoin developer Burak has launched Brollups, a Layer 2 technology that does not require forks or proprietary tokens. Brollups enables fast, low-cost Bitcoin transactions by packaging transactions off-chain and processing them on-chain. Burak hopes to use this technology to demonstrate that Bitcoin can improve transaction efficiency while maintaining security and decentralization.