Investment

Block.one

Thiel, Novogratz Back $10B Funding for Block.one’s New Crypto Exchange Subsidiary

Jamie CrawleyMay 11, 2021

The new arm, Bullish Global, will be focused on the launch of a cryptocurrency exchange later this year.

Investment

Brooker Group to Invest Almost $50M in DeFi, Dapp Startups

Jamie CrawleyMay 11, 2021

The publicly listed company said it already holds bitcoin.

Investment

Mogo to Almost Double Stake in Coinsquare Crypto Exchange for up to $48.6M

Tanzeel AkhtarMay 13, 2021

Nasdaq-listed Mogo plans to lift its ownership position in the Canadian exchange to about 37%.

Funding Rounds

Babel Finance Raises $40M From Zoo Capital, Sequoia Capital, Tiger Global

Jamie CrawleyMay 10, 2021

The investment is the first foray into Asia's crypto finance industry for Zoo, BAI Capital and Tiger Global Management.

UBS

UBS Exploring Ways to Offer Crypto to Wealthy Clients: Report

Tanzeel AkhtarMay 10, 2021

The Swiss bank exploring “several alternatives” for offering crypto, according to people familiar with the plan.

Investment

Investment

Australian Traders Favor Stocks and Crypto, TradingView Survey Shows

Sebastian Sinclair

Cryptocurrency was beaten as the top investors' choice by stocks, but only by 3%.

Decentralized Apps

WallStreetBets Founder to Launch Blockchain App to Combat ‘Market Manipulation’

Sebastian Sinclair

The original founder of WSB is launching a blockchain app featuring exchange-traded portfolios decided by community consensus.

Crypto Funds

Digital Asset Fund Inflows Fall to Lowest Level Since October

Damanick Dantes

Bitcoin prices fell 14% during the seven days through April 23, while ether rose 18%..

Overstock

Overstock Completes Deal to Convert Medici Ventures Into Fund Managed by Pelion

Tanzeel Akhtar

The deal is part of Overstock’s plan to exit its blockchain-related investments.

Funds

Crypto Fund Inflows Accelerated to $233M Last Week, Most Since Early March

Damanick Dantes

Investor appetite for digital asset investment products increased last week, with strong interest in XRP.

Investment

Singapore’s Central Bank Warns Crypto ‘Certainly Not Suitable for Retail Investors’

Jamie Crawley

The statement came days after Prime Minister Lee Hsien Loong was caught up in a token scam on blockchain social media platform BitClout.

New Zealand

New Zealand Fund Manager Puts 5% of Retirement Plan’s Assets Into Bitcoin: Report

Sebastian Sinclair

“If you are happy to invest in gold, you can’t really discount bitcoin," says the fund's chief investment officer.