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Crypto custody specialist BitGo announced the acquisition of a software platform, HeightZero in a strategic move amid the rising institutional interest in crypto wealth management.
Indian digital payments firm PhonePe said today it has raised $200 million from majority backer Walmart Inc at a pre-money valuation of $12 billion.
Babel Finance, a crypto-financial service provider that provides digital asset loans, recently raised $80 million in a Series B funding round. The investment increased the company's worth to $2 billion. Leading venture capital companies such as Circle Ventures, 10T Holdings, Jenerations Capital, BAI Capital and Bertelsmann, and Dragonfly Capital led the fundraising.