Crypto firm Fireblocks raises $550 mln, company valued at $8 bln

The funding was led by D1 Capital Partners and Spark Capital, with participation from investors such as General Atlantic, Altimeter, Index Ventures and CapitalG, Alphabet's growth fund, Fireblocks said in a statement.All firms confirmed their investment in emails to Reuters.

Decentralized finance refers to that segment of the market which facilitates crypto-denominated financial transactions outside of traditional banks.Fireblocks works with companies and financial institution that want to build cryptocurrencies and digital assets, providing the infrastructure - including wallets - to make the digital assets safe and secure.U.S.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTX US Attains $8B Valuation in $400M Fundraise Including SoftBank, Temasek.ftx_us is valued at $8 billion after raising $400 million in a funding round that included Temasek and SoftBank_Group. By JamieCrawleyCD ftx_us Temasek SoftBank_Group JamieCrawleyCD Answers are coming very soon! ftx_us Temasek SoftBank_Group JamieCrawleyCD Binance CEO Says People Open Long ftx_us Temasek SoftBank_Group JamieCrawleyCD chubby boi
Source: CoinDesk - 🏆 291. / 63 Read more »

Blockchain infrastructure firm Blockdaemon scores $3.25 billion post-money valuation in new fundraiseBlockdaemon, a blockchain infrastructure company, has raised a $207 million funding round that gives the firm a post-money valuation of $3.25 billion, according to a Wednesday afternoon announcement.
Source: TheBlock__ - 🏆 464. / 53 Read more »