The venture capital arm of the U.S. National Association of Realtors has invested an undisclosed amount in blockchain real estate startup Propy.
CoinDesk
Budweiser Owner Invests in Blockchain Startup Working to Alleviate Poverty
Budweiser’s parent company, Anheuser-Busch InBev, is doubling down on its interest in using blockchain tech to assist unbanked workers.
CoinDesk
Samsung Invests $2.9 Million in Crypto Wallet Manufacturer Ledger
Telecom giant Samsung has invested 2.6 million euros ($ 2.9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $ 290 million valuation, per the report.
The news came shortly after CoinDesk Korea reported that Samsung is developing a blockchain platform and native digital asset of its own. The project, which is being conducted by the South Korean tech giant’s blockchain division, is reportedly based on Ethereum's network and the resulting cryptocurrency is dubbed “Samsung Coin.”
Ripple’s Xpring Invests in XRP Tip Bot Creator Wietse Wind
Last Spring, Ripple announced a new investment ecosystem called Xpring to build out XRP’s infrastructure and helps innovative projects grow through funding and partnerships. The latest recipient of Xpring funding is Wietse Wind, the creator of the XRP Tip Bot, which allows Reddit, Discord and Twitter users to send small amounts of XRP to other users. Thrilled to announce Xpring’s Investment in […]
SludgeFeed
Mercedes-Benz Invests in Esports Organization SK Gaming
German esports organization SK Gaming announced today that it is now under new ownership after Mercedes-Benz and 1. FC Köln purchased ESForce Holdings’ stake in the company, pending the approval of the regulatory authorities. Excited to have @MercedesBenz as a sponsor and shareholder in @SKGaming. Now I just need an A-class 🙄 pic.twitter.com/YtIphhBuRu — Jorge ‘Werlyb’ (@werlyb_) […]
SludgeFeed
Coinbase Ventures Invests in Nomics’ $3 Million Series A
Boston and Minneapolis-based Nomics, a cryptocurrency data startup, has closed a $ 3 million Series A led by Arthur Ventures, with notable participation by Coinbase Ventures, Digital Currency Group and BitGo co-founder Ben Davenport. ⚡️ “Nomics Series A Fundraising Announcement”https://t.co/EvrCB8RDQN — Nomics Crypto (@nomicsfinance) December 18, 2018 The company announced Tuesday that the funds raised will be applied to […]
SludgeFeed
South Korean Tech Giant Kakao Invests in Blockchain Project Orbs
Israeli hybrid blockchain platform Orbs has announced that it is entering an investment partnership with the venture arm of South Korean internet group Kakao. Created to serve as a pioneering public blockchain system offering unprecedented flexibility and utility, Orbs permits business dApp developers to deploy over a highly secure and liquid network that comes with
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Team Liquid’s Parent aXiomatic Invests in New Esports Platform
aXiomatic, owner of Team Liquid, has participated in the $ 2.7 million Series A investment round for Matcherino, an online platform for game publishers and tournament organizers to seamlessly manage esports events. Matcherino’s esports event management platform enables sponsors to reach the industry’s rapidly growing audience through targeted messaging. The newly raised capital will further drive the company’s platform development and […]
SludgeFeed
Binance Labs Invests $3 Million in US-Based Crypto Trading Desk
Binance Labs, the venture arm of the leading cryptocurrency exchange, has invested $ 3 million into Koi Trading, an OTC trading startup based in San Francisco. According to the company’s website, Koi Trading aims to provide a reliable, efficient, and compliant OTC pathway for both high net-worth individuals and institutions to invest in cryptocurrency. Kai additionally provides […]
SludgeFeed
Binance Invests $3 Million in US Crypto Trading Desk
Big news came from Binance this week, as their venture wing announced a significant investment in US over-the-counter (OTC) crypto trading desk Koi Trading. Binance and Koi Trading In a press release yesterday, Binance Labs revealed that it had made a $ 3 million investment into Koi Trading, a small sum for the world’s largest cryptocurrency exchange, but a notable … Continued
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Coinbase Ventures Invests in Privacy Blockchain Startup StarkWare
Israel-based startup StarkWare, which commercializes the STARK zero-knowledge proof system for privacy blockchains, recently closed a $ 30 million Series A round led by Paradigm, with participation from Coinbase Ventures and several other firms. 1/4 We're excited to announce our $ 30M Series A equity round, led by @paradigm: Read more here: https://t.co/EZOxqChUC8 (thread) — StarkWare Industries (@StarkWareLtd) October […]
SludgeFeed
Michael Jordan Invests in the Parent Company of TeamLiquid
Six-time NBA champion Michael Jordan has reportedly made his first major investment in the esports industry, leading a $ 26 million financing round for aXiomatic, owner of TeamLiquid, which is considered to be the second most valuable team in the industry. We have some news… Thrilled to welcome Michael Jordan, David Rubenstein & Declaration Capital to the […]
SludgeFeed
Shark Tank’s Kevin O’Leary Invests $100,000 in Bitcoin Investing App
For several decades, banks and financial advisors have searched for ways to get those without vast resources to invest and save their money. An early example was Bank of America’s Keep the Change program, which rounded up purchases and moved the change to savings accounts. The Need for Passive Investment A few years back, the Lawnmower
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Ripple Co-Founder Invests in New Cryptocurrency from Digital Currency Pioneer David Chaum
When historians set out to chronicle the development of cryptocurrency, one of the first chapters will profile DigiCash, the early digital currency startup which, decades before Bitcoin, almost fulfilled the dream of giving the internet a native currency. However, that project’s inventor, cryptography pioneer David Chaum, wants his name to appear in the book’s subsequent
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Overstock’s Blockchain Unit Invests $6 Million in Crypto Social Network ‘Minds’
Overstock.com Inc.’s blockchain subsidiary, Medici Ventures, made a $ 6 million Series A investment in Minds, an open-source, blockchain-based crypto social network. Under the partnership, Overstock founder and CEO Patrick M. Byrne joined Minds Inc.’s board of directors. “There has been increasing excitement in recent years over the power of blockchain technology to liberate individuals and organizations,” Byrne said in statement.
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The Daily: Goldman Sachs Invests in Wallet, Institutional Traders Borrow $553M
In today’s edition of The Daily we cover stories about the latest investment in the cryptocurrency space by Goldman Sachs, the amount institutional traders borrowed in the last six months from just one OTC desk, research on state-sponsored hackers, and a new security tool from Coinbase.
Also Read: Security Giant G4S Offers Protected Offline Cryptocurrency Storage
Goldman Sachs Invests in Bitgo
Bitgo, the cryptocurrency security and custody company, announced on Thursday the second close of its Series B funding round, bringing the total raised in this round to $ 57.5 million. The new investors who joined in the round are Goldman Sachs’ Principal Strategic Investments group and Mike Novogratz’s Galaxy Digital Ventures. The funding is earmarked to supporting Bitgo’s wallet development.
Overstock subsidiary Medici Ventures invests in VinX
The wholly owned subsidiary of Overstock.com Inc., chief blockchain accelerator Medici Ventures, announced in a press release its communications agency, Method Communications, sent to CoinReport, its latest strategic investment in VinX, an Israel-based firm creating a blockchain platform to make win…
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Binance Labs Invests Several Million in Blockchain Cybersecurity Startup CertiK
Binance Labs, the venture arm of the leading cryptocurrency exchange, has invested several million dollars into CertiK, a startup that provides blockchain and smart contract audits and verification. According to a press release provided to SludgeFeed, CertiK has partnered with Binance Labs to accelerate the impact of its unique technology into the broader blockchain space. CertiK’s platform leverages […]
SludgeFeed
Binance Invests in Travel Startup TravelbyBit
Binance announced it has invested $ 2.5 million USD in Brisbane, Australia based company TravelbyBit. TravelbyBit services the travel and tourism industry, allowing travelers to book their journeys using crypto as payment. TravelbyBit has also built a point-of-sale (POS) terminal for merchants who wish to accept crypto as payment.
Binance intends for the cash infusion to help TravelbyBit expand its crypto POS system in airports worldwide. TravelbyBit has already successfully installed one of their POS terminals at Brisbane Airport.
In September, Bitcoinist reported that cryptocurrency use in Australia has recently doubled.
Famed Endowment Manager Invests Yale’s Money in Crypto Funds.
On October 5, 2018, an article published by Bloomberg stated that Yale University’s Investment Office, under the stewardship of famed manager David Swensen, has put an allocation toward Paradigm, a new cryptocurrency fund that has raised $ 400 million dollars. CNBC added onto the report by stating Yale had also invested in Andreessen Horowitz’s $ 300 million crypto fund prior to the fund’s capital raising close in June.