The company was certified by the Alberta government to become the country’s first regulated custodian for crypto assets.
Solrise said the capital will be used to make the DeFi ecosystem more accessible to wider investor audiences.
Luna Squares’ site will be used for third-party hosting and Mawson’s proprietary bitcoin mining operations.
The hedge fund plans to invest in areas such as blockchain technology, payments systems for digital currencies and stablecoins.
Liquidators will return to court in September to argue MTI should be declared a Ponzi scheme.
U.K.-based digital bank Revolut is in “detailed talks” with SoftBank about a fundraising round that could value the firm at between $30 billion and $40 billion, according to a Sky News report. Read more: Revolut Adds Dogecoin to Crypto Offering
