Morgan Creek Joins $65 Million Series B for Blockchain Home Equity Loan Firm
Blockchain-based home equity loan startup Figure Technologies has raised $65 million in a round backed by Morgan Creek.
Upstart crypto exchange LVL wants to take on U.S. giants by removing trading fees. The move comes as bitcoin touches new all-time highs.
CEO Mark Yusko said that "zombie companies" have left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.
Mark Yusko sees exponential growth in bitcoin through network adoption.
The two Fairfax County, Virginia, pension funds invested only 0.5 percent in crypto and blockchain last year.
Morgan Creek Digital raised the first $50 million for its second venture capital fund from the same two large institutional investors in its first.