BlackRock’s Global Allocation Fund increased its exposure to Bitcoin (BTC) through its spot exchange-traded fund, iShares Bitcoin Trust (IBIT), by roughly 1,810% since …
raises
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Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported …
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Rain, a global card issuing platform that uses stablecoins, has secured $24.5 million in funding led by Norwest Venture Partners. Additional participants …
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Markets
Strategy Raises $711M to Buy More Bitcoin in Upsized STRF Perpetual Offering
by shayaanby shayaanStrategy (MSTR) will likely soon be in the market for additional sizable bitcoin purchases after pricing an upsized sale of its latest …
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This is a segment from the Empire newsletter. To read full editions, subscribe. After watching hours of DAS panels of institutions being …
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Finance
Wallet Infrastructure Provider Privy Raises $15M to Develop Crypto Onboarding Rails
by shayaanby shayaanPrivy, a provider of cryptocurrency wallet infrastructure, raised an estimated $15 million in a funding round led by Ribbit Capital. The company, …
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Finance
Crypto Wallet Provider Utila Raises $18M as Institutional Demand for Digital Asset Management Soars
by shayaanby shayaanUtila, a digital asset operations platform, has raised $18 million in a Series A round to expand its multi-party computation (MPC) wallet …
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Markets
Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
by shayaanby shayaanAs expected, the U.S. Federal Reserve left its benchmark fed funds rate range steady at 4.25%-4.50% on Wednesday, the second consecutive pause …
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Web3
Curetopia raises $1.77M to drive decentralized biotech breakthroughs using Solana
by shayaanby shayaanCuretopia has secured $1.77 million in funding to expedite treatments for rare diseases through a decentralized biotech model leveraging Solana. The fundraising …
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World Liberty Financial, the crypto project backed by President Donald Trump, has raised a total of $550 million in gross proceeds from …