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Valar Ventures
Bitpanda Pro Rebrands, Raises $33M in Peter Thiel-Led Round
The crypto exchange has split from Bitpanda and now operates as One Trading.
Cardano Delays Upgrade; Shib and Doge Make Gains
Valar Ventures-backed Vauld to lay off 30% of staff. Cardano postpones Vasil upgrade, citing bugs and abundance of caution. Dogecoin gains after Musk tweet amid slow market recovery. BTC Markets first crypto firm to receive Australian financial services license. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Peter Thiel-Backed Crypto Unicorn Bitpanda Triples Valuation to $4.1B
Vienna-based crypto exchange Bitpanda raised $263 million in a Series C funding round led by U.S. tech billionaire Peter Thiel’s Valar Ventures, valuing the company at $4.1 billion. It comes five months after a Series B raise that valued the firm at $1.2 billion and made Bitpanda Austria's first tech unicorn. CEO Eric Demuth discusses how his investment platform achieves rapid growth and differentiates from its competitors and crypto's state in Europe.