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Fundraising
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.

SEC Proposal Could (Eventually) Unleash Security Token Sales
Companies looking to raise funds via security token offerings (STOs) might soon get some relief from regulatory burdens in the U.S.

Revolut Bank Valued at $5.5B in $500M Funding Round
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering.

Australia's Stock Exchange Backs $35M Round for DLT Survivor Digital Asset
Digital Asset has raised $35 million in Series C funding, signaling a comeback for the seminal enterprise blockchain startup.

Pompliano Joins Board of Blockchain-Based Lending Firm After $103M Raise
Blockchain-based consumer lender Figure added Morgan Creek Digital’s Anthony “Pomp” Pompliano to its board following a $103 million funding round.

Blockchain Capital Leads $25M Funding Round for Libra Member Bison Trails
Bison Trails has secured a $25.5 million Series A round led by Blockchain Capital to develop the firm’s infrastructure services.
