Valkyrie has filed for an exchange-traded fund (ETF) that will invest the majority of its net assets in companies focused on bitcoin mining. The issuer filed a post-effective amendment for the Valkyrie Bitcoin Miners ETF today. The fund plans to invest 80% of its assets in securities related to comp...
Blockdaemon, a blockchain infrastructure company, has raised a $207 million funding round that gives the firm a post-money valuation of $3.25 billion, according to a Wednesday afternoon announcement. The latest fundraise comes several months after Blockdaemon raised $155 million in Series B funding ...
UBS will buy the robo-advisory firm Wealthfront for $1.4 billion, the two companies announced Wednesday. The announcement characterized the deal as an "all-cash transaction valued at $1.4 billion." According to the press statement, "Wealthfront's existing clients will see no immediate change to thei...

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