Alto Neuroscience, a clinical-stage biopharmaceutical company focused on neuropsychiatric disorders, has secured $120 million from institutional and accredited investors to advance ALTO-207, …
Secures
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Regulation
Crypto startup SwissBorg secures MiCA authorization from French regulator
by shayaanby shayaanSwissBorg, a digital asset investment platform with over $1 billion in assets under management, has obtained approval under the European Union’s Markets …
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Binance exchange has won two major legal cases in two weeks, after a U.S. federal court in Alabama dismissed all claims against …
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XRP’s price performance is stripping out fast-money participation while leaving behind a more durable class of holders. According to CryptoSlate’s data, XRP …
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Finance
Blackstone-owned AirTrunk secures record $1.24B loan for Tokyo AI data center
by shayaanby shayaanHyperscale data center operator AirTrunk has secured a 191.6 billion Japanese yen ($1.24 billion) green loan to refinance and expand its TOK1 …
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Payments company Strike received a virtual currency license and a money transmitter license (MTL) from the New York State Department of Financial …
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Smart Contracts
Core Scientific Secures Up to $1 Billion From Morgan Stanley for Pivot From Bitcoin Mining to AI
by shayaanby shayaanIn short Core Scientific secured financing of up to $1 billion from Morgan Stanley. The company is building data centers as it …
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Markets
Core Scientific secures up to $1 billion loan facility from Morgan Stanley
by shayaanby shayaanThe company initially closed a $500 million loan facility that includes an accordion feature allowing the total commitment to expand to $1 …
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Kraken has cleared a regulatory hurdle that crypto firms have chased for years: direct access to the Federal Reserve’s core payments infrastructure. …
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Finance
Pred secures $2.5M to build exchange-grade infrastructure for sports trading on Base
by shayaanby shayaanPred, a peer-to-peer sports prediction exchange built on Coinbase’s Base network, has secured $2.5 million in funding led by Accel, with backing …