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Pomp Joins Figure’s Board as Firm Completes $103M Funding Round

News California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano had ..

Ripple-Backed Omni Rentals to Shut Down by Late 2019: Report

News Omni Rentals, a $35 million-funded storage and rental startup backed by major crypto firm Ripple, is reportedly shutting down its operations. As Omni is expecting to close its platform by the end of 2019, about 10 of Omni’s engineers will be hired by major American crypto exchange and wallet ..

Bitcoin.com Launches $200M Bitcoin Cash Investment Fund

News Bitcoin.com, the Bitcoin (BTC)-related firm backed by crypto evangelist Roger Ver, is planning to launch its $200 million Bitcoin Cash (BCH) investment fund. Ver has announced the news speaking at a Bitcoin Cash meetup in London on Nov. 19, as he tweeted on Nov. 20. The event was hosted by ma..

PayPal Leads $4.2M Funding Round for Crypto Risk Management Platform

News Payment processor PayPal has led a $4.2 million funding round for cryptocurrency risk management platform TRM Labs. In a Nov. 19 press release TRM Labs announced that it secured $4.2 million in an investment round led by PayPal, with participation from other top investors including Initialize..

Novogratz Launches Two New Bitcoin Funds Targeting ‘Wealth of America’

News Michael Novogratz’s crypto merchant bank Galaxy Digital is launching two Bitcoin (BTC) funds, targeting people between the ages of 50 and 80. The new funds aim to bring “the wealth of America,” or people who may have largely remained out of crypto investing, to cryptocurrency markets, Novogra..

Libra Association Member Bison Trails Completes $25.5 Million Series A

Blockchain infrastructure company Bison Trails, one of the Libra Association’s 21 founding members, has secured $25.5 million USD in Series A funding from some of the cryptoeconomy’s biggest venture capital firms. The new trove will help the startup further its mission to help enterprises interact w..

Decentralized Payment Firm Radpay Raises $1.2M in Seed Round

News Decentralized payment processing company Radpay has secured $1.2 million in a seed round, with the participation of investment firms Resiliency Ventures and BlackLaunch. Per a press release published on Nov. 18, Radpay completed a $1.2 million series seed round that reflects a 20% oversubscri..

Andreessen Horowitz Leads $25M Funding Round for Crypto Lending Startup

News Venture capital firm Andreessen Horowitz has led a $25 million funding round for crypto lending startup Compound. On Nov. 14, Fortune reported that Compound, a decentralized finance (DeFi) lending protocol, secured $25 million in an investment round led by Andreessen Horowitz’s a16z, with par..

Uncork Capital, Coinbase VC Arm, Others Invest $4 M in Crypto Analytics Firm Messari

News Uncork Capital has led a $4 million funding round that also saw funding from Coinbase Ventures for blockchain analytics firm Messari. Who’s who of new investorsOn Nov. 13, Messari announced that it had closed a $4 million funding round led by Uncork Capital, with participation from other top ..

Crypto-Friendly Mobile Banking Firm Revolut to Attempt Raising $500M+

News British mobile banking firm Revolut is negotiating with investors to raise at least half a billion dollars next year, Reuters reports on Nov. 12. Since the end of 2017, Revolut’s app has allowed its users to complete transactions in cryptocurrencies including Bitcoin (BTC), Litecoin (LTC) and..

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