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In a press release published this week, a major U.S. cross-border payments and money transfer company announced a new service in its existing mobile application, allowing customers to trade and hold three major cryptocurrencies: bitcoin (BTC), ether (ETH), and litecoin.
Fund companies have embraced ownership of 'unicorn companies,' with mixed results.
Social media company ShareChat which was founded back in 2015, became a unicorn in April 2021. It has raised several funding rounds over the years, most notably in 2021 as it scales up rapidly. Earlier this year, it raised $255 million from Google, Times Group, and Temasek. It is now valued at $5 billion after this multi-tranche funding round.
Tusk Venture Partners, the now six-year-old, New York-based early-stage venture firm co-founded by longtime political strategist Bradley Tusk and former Blackstone director Jordan Nof, has closed its third fund with $140 million in capital commitments. That’s double the $70 million that the outfit raised for its second flagship fund, which closed in late 2019. (The […]
A sell-off over in recent days has erased more than a quarter of the value from the global crypto market