FTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

FTX CEO Sam Bankman-Fried is looking to raise a total of $1.5 billion for the global cryptocurrency derivatives exchange and U.S. affiliate, FTX.US, The Information reported Friday, citing two unnamed sources “with knowledge of the matter.” The funding round would potentially value FTX at $32 billion and FTX.US at $8 billion, the article said, citing … Read moreFTX to Seek $1.5B in New Funding Round at $32B Valuation: Report

Defi-Focused Crypto Wallet Ambire Receives $2.5m in Funding Round

Sofia, Bulgaria, 2nd December, 2021, — Browser-based crypto wallet Ambire has succeeded in raising $2.5 million in a funding round led by LAUNCHHub Ventures.  The venture, which offers exposure to defi earning opportunities while optimizing gas fees, welcomed investment from a slew of major private investment firms including Ascensive Assets, Metacartel Ventures and Zee Prime. … Read moreDefi-Focused Crypto Wallet Ambire Receives $2.5m in Funding Round

DEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group

1inch Network has raised $175 million as the decentralized finance (DeFi) platform gears up for the launch of a new set of institutional products The exchange aggregator and liquidity protocol announced the raise on Wednesday, saying that investors valued the project at $2.25 billion. The Series B round was led by Amber Group, with over … Read moreDEX Aggregator 1inch Raises $175M in Funding Round Led by Amber Group