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Fundraising
Argo Blockchain Takes 25% Stake in $40M Crypto VC Fund
The publicly listed bitcoin mining firm is investing $10 million in Pluto Digital Assets' new fund.

Institutional Crypto Startup FalconX Raises $50M in Round Led by Tiger, B Capital
FalconX is among the "white glove" crypto startups eager to cater to an institutional base.

Hedge Fund Manager Alan Howard Leads $25M Raise for Crypto Custodian Komainu
Galaxy Digital, NOIA Capital and Nomura Research Institute also joined the round, becoming strategic partners.

Australian Bitcoin Mining Firm Iris Energy Doubles Pre-IPO Fundraising Target
The Sydney-based data center provider now aims to raise investment of AUS$40 million (US$31 million).

Bitcoin-Based DeFi Protocol Sovryn Raises $10M, Offers $1.2M Bug Bounty
The London-based DeFi project raised the equivalent of $10 million in bitcoin through the presale of its governance token.

TaxBit Raises $100M in Bid to Take Crypto Taxation Software Global
The Utah-based startup roared out of stealth mode with backing from Paradigm and Tiger Global.

Investors Pump $250M Into Reddit Following Social Media Site's Role in GameStop Mania
The company plans to double its headcount to 1,400 by the end of 2021.

Bitcoin Miner Marathon Patent Group Completes $200M Capital Raise
Nasdaq-listed Marathon said it will use the funds to pay for recent hardware purchases from Bitmain and to expand its business.

Diginex Going Public Is About More Than a Nasdaq Ticker Symbol
Diginex CEO Richard Byworth said the firm’s public listing will give it more transparency than other crypto exchange operators.

Crypto M&A and Fundraising Dropped Sharply in 2019: PwC Report
The value of crypto M&A deals last year dropped by a whopping 76 percent, according to a new report by PwC – down from $1.9 billion in 2018 to $451 million in 2019.
