private Funding

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Israeli Crypto Company Etoro Lays Off 100 Workers, SPAC Deal Terminated, Company Eyes Private Raise

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The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately now and aims to raise $800 … Read more

Socialite Paris Hilton Backs $20 Million Strategic Investment in NFT Protocol Origyn

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The non-fungible token (NFT) project the Origyn Foundation announced on Tuesday the team received a strategic investment of $20 million from a myriad of investors. Hilton hotel heiress Paris Hilton participated in the funding round alongside firms like Polychain Capital and Table Management. Origyn Foundation Secures $20 Million NFT marketplaces and web platforms have seen … Read more

Intangible Labs Raises $133M to Build a New Stablecoin

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It does not happen all that often that cryptocurrency projects quickly raise over $100 million. Although we have seen a literal ICO craze, Intangible Labs is doing things the traditional way. Rather than rely on crowdfunding, the company has raised $133 million from private investors. This is a pretty significant deal for the Princeton University graduate-led … Read more