Tag: Digital Currency Group

Zone secures $8.5m seed funding to revolutionise payment systems in Africa

Zone, an emerging powerhouse in Africa's financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m oversubscribed seed funding round.

DeFi platform AlloyX secures $2m pre-seed round

AlloyX, a platform in the DeFi sector that specialises in aggregating tokenised credit, has bagged $2m and launched a new product. 

Crypto broker Genesis Global Holdco files for bankruptcy protection

Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.

Genesis owes over $3bn in debt, as DCG seeks funding –...

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

Cryptocurrency brokerage Genesis receives $140m after FTX downfall

 Genesis, a cryptocurrency brokerage, is reportedly set to receive a $140m equity infusion from its parent company, Digital Currency Group, to support its balance sheet.

Stable coin and crypto lending platform CLST picks up seed round

CLST, an institutional-only lending and borrowing platform for stable coins and cryptos, has closed a multi-million-dollar seed round.

Gnosis Safe rebrands to Safe after $100m funding round

Digital asset management platform Gnosis Safe has reportedly raised $100m in a funding round, alongside the rebranding to Safe.

Crypto investing service Elwood Technologies bags $70m

Elwood Technologies, which offers institutional-grade access to digital markets, has scored $70m in its Series A round.

JellyFi nets $4.4m for DeFi lending protocol

DeFi lending protocol JellyFi has closed its seed funding round on $4.4m, as it gears up for technology development push.

Elliptic to help banks adopt crypto safely with Series C backing

Elliptic, a cryptoasset risk management provider, has closed its Series C round on $60m, as it bolsters its market position.

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