Tor Project Launches Membership Program to Boost Agility, Funds
After laying off a third of its staff in April, the project is looking for ways to increase the “diversity of funds" in its budget.
The round is the stock trading app's largest raise ever.
Asset management firm Arca has announced Wednesday the closure of a $10 million Series A round of funding led by RRE Ventures. Read more: Arca Labs Launches Ethereum-Based SEC-Registered Fund
The new funding could more than double the exchange's 2019 valuation of $4 billion to at least $10 billion.
The $5 million grant will go towards funding the day-to-day operations of Filestar's foundation.
Gelato said the seed round will fund further development of its bot network that will provide automated smart contract execution.