Barcelona-based RWA tokenization platform Brickken has completed a $2.50 million seed round, valuing itself at over $22.50 million. Participants in the seed round include Psalion, Ergodic Fund, SNZ Capital, Blue Bay Ventures, Mocha and Hodl Ventures. The RWA platform will use the newly raised funds to fund its European expansion and drive the "transformation of asset management through blockchain". Some of the funds will be used to introduce more enterprise-grade solutions to the platform, such ...
Switzerland and Singapore-based crypto bank Sygnum raised $58 million at a valuation of $1 billion. The new capital will be used to expand its product portfolio with a focus on Bitcoin technology, expand its institutional infrastructure, strengthen its compliance team and explore strategic acquisition opportunities. Proceeds will also help Sygnum's European Union expansion plans and build a regulated business in Hong Kong.
Capital Group, a Los Angeles-based investment firm with more than $2.30 trillion under management, has become one of Metaplanet's largest shareholders. Metaplanet, headquartered in Japan, attracted attention last year for building bitcoin (BTC) reserves by imitating Michael Saylor's MicroStrategy strategy. Metaplanet currently holds 1,762 bitcoins, making it the 15th largest listed company in the world to hold bitcoin.
Klickl International, a UAE-based Web3 banking services provider, announced the completion of a $25 million Series A funding round at a valuation of $125 million. The round was co-led by the Web3Port Foundation and Aptos Labs, with participation from Summer Ventures, Heritage Horizon Capital, and V2 Capital. Klickl plans to launch two major projects in the fourth quarter of 2024: Klickl Labs, a partnership with Summer Ventures focused on cross-border remittance and digital payments infrastructur...
New York-based Galaxy Digital said in its third-quarter earnings report that it signed a non-binding term sheet with an unnamed U.S. hyperscale company that can convert all of its 800 trillion watts (MW) of power capacity into high-performance computing (HPC). Hyperscale companies are large data centers that specialize in providing large amounts of computing power. The move comes at a time when the halving of bitcoin has led to a decline in profits for the company and the broader mining industry...