Crypto bank Sygnum hits unicorn status with new $58M raise
Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream. Go to Source
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Fulgur Ventures, a cornerstone investor in the final close of Sygnum’s strategic growth round, is known for backing major industry platforms like Blockstream. Go to Source
Back was an early Bitcoin developer and the first person to receive an email from pseudonymous Bitcoin creator Satoshi Nakamoto. Go to Source
Blockstream, a bitcoin infrastructure firm, announced on Tuesday the successful closure of a $210 million convertible note financing round, led by the investment firm Fulgur Ventures. According to the firm, the funds will be directed toward accelerating the adoption and development of Blockstream’s layer two (L2) technologies, such as the Lightning network and Liquid. Additionally, … Read more
The company raised $210 million in debt financing less than a month after launching a security token offering in Europe. Go to Source
With the HBO documentary set to release on Wednesday, claiming to reveal the true identity of Satoshi Nakamoto, Polymarket bettors are actively speculating on who it might be. As of this writing, Len Sassaman, who previously led the wagers, has fallen behind, while Blockstream’s Adam Back now leads with a 22.5% probability of being named … Read more
Blockstream is essentially selling four-year claims on the proceeds from its Bitcoin mining operations in exchange for funding. Go to Source
Blockstream CEO Adam Back says 2023 presented a unique investment opportunity with Bitcoin’s price doubling amid low ASIC miner prices on secondary markets. Go to Source
Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024. Go to Source
Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. … Read more
Is the U.S. investment bank looking to buy up distressed crypto firms amid the bear market? Go to Source Powered by WPeMatico