Crypto data firm Coin Metrics has raised $15 million in a Series B funding round led by Wall Street megabank Goldman Sachs. In addition to Goldman, the investment round also drew support from Acrew Ventures, BlockFi, Morningside Group and Warburg Serres Investments. Coin Metrics said in a press stat...
Ethereum 2.0 (Eth2) staking protocol Lido Finance has raised $73 million in fresh funding. The funding was led by crypto venture capital firm Paradigm, which bought $51 million worth of LDO tokens from LidoDAO's treasury by paying the amount in 15,120 ether (ETH). The rest of the amount, i.e., $22 m...
Fintech firm FIS and NYDIG, the bitcoin-focused subsidiary of investment firm Stone Ridge, have partnered on a new service offering that lets banks offer bitcoin capabilities to their customers.  According to a Wednesday press statement, NYDIG will manage the bitcoin transactions side of the offerin...
Crypto exchange Bitso has wrapped up a $250 million Series C fundraising round, joining the roster of newly minted crypto unicorns. Investment legends Tiger Global and Coatue Management co-led the round, which finished just a few months after Bitso announced its Series B. Bitso joins a fast-growing ...
Mike Novogratz's crypto merchant bank Galaxy Digital is set to acquire crypto custodian BitGo for $1.2 billion. Announcing the news on Wednesday, Galaxy Digital said the deal is in a mix of stock and cash — $265 million in cash and the rest in 33.8 million newly issued shares of Galaxy Digital. Once...
Swedish crypto broker Safello announced Wednesday that its initial public offering (IPO) has been oversubscribed by 1,240%. Safello had 40.5 million Swedish kronor (around $4.8 million) worth of new shares on the offer through the IPO, but it received bids for 502 million kronor ($59 million) worth ...
Since Genesis Global Trading launched a lending business in 2018, it has originated more than $40 billion loans — and that growth doesn't appear to be slowing down.  The firm, which releases a breakdown of its business across trading, lending, and derivatives every quarter, saw active loans outstand...
Centuries-old auction house Sotheby's has collaborated with Coinbase to accept bitcoin and ether for a physical artwork for the first time. The artwork, Love Is In The Air, is a painting by popular graffiti artist Banksy. It will be on auction on May 12 at Sotheby's New York. Bidding for the work is...
During a webinar on Tuesday, the CEOs of  Robinhood and Paxos juggled ideas for speeding up stock settlement times. Robinhood's Vlad Tenev has been in the public spotlight since wild volatility in meme-driven stocks like GameStop and AMC pushed the popular stock trading app into the public eye earli...
Cryptocurrency exchange Gemini has added support for the meme-themed cryptocurrency dogecoin, which has risen in popularity and price in recent months. The development means Gemini clients will now be able to trade and custody dogecoin with the exchange in all 50 U.S. states. Trading will first open...

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