KPMG Canada Adds Crypto to Its Balance Sheet The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
The Canadian branch of accounting giant KPMG has made its first allocation of crypto assets to its corporate treasury. The privately held firm said Monday it acquired bitcoin (BTC) and ether (ETH) on its balance sheet through Gemini Trust Company’s execution and custody services. KPMG Canada declined to disclose the amount of bitcoin and ether purchased when contacted by CoinDesk. The Toronto-based company established a governance committee to oversee and approve the treasury allocation, whic...
KPMG Canada Adds Crypto to Its Balance Sheet The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
The Canadian branch of accounting giant KPMG has made its first allocation of crypto assets to its corporate treasury. The privately held firm said Monday it acquired bitcoin (BTC) and ether (ETH) on its balance sheet through Gemini Trust Company’s execution and custody services. KPMG Canada declined to disclose the amount of bitcoin and ether purchased when contacted by CoinDesk. The Toronto-based company established a governance committee to oversee and approve the treasury allocation, whic...
Pantera Leads $18M Round for Rift’s Liquidity Mining Alternative
Rift Finance, which offers protocol-based liquidity to decentralized autonomous organizations (DAO), has emerged from stealth with an $18 million funding round led by Pantera Capital, according to a press release provided to CoinDesk. The valuation of the firm after the funding was not disclosed. Other participants in the round included Coinbase Ventures, Two Sigma Ventures, Spartan Group, Defiance Capital, Hashed, Jump Capital, Vessel Capital and Morningstar Ventures. DAOs, which are organiz...
Pantera Leads $18M Round for Rift’s Liquidity Mining Alternative
Rift Finance, which offers protocol-based liquidity to decentralized autonomous organizations (DAO), has emerged from stealth with an $18 million funding round led by Pantera Capital, according to a press release provided to CoinDesk. The valuation of the firm after the funding was not disclosed. Other participants in the round included Coinbase Ventures, Two Sigma Ventures, Spartan Group, Defiance Capital, Hashed, Jump Capital, Vessel Capital and Morningstar Ventures. DAOs, which are organiz...
Spectral Raises $6.75 Million to Build a Decentralized Credit Bureau
Spectral Sat, November 13, 2021, 6:14 PM·2 min read Spectral’s New Financial Primitive is a Breakthrough Innovation for Building Creditworthiness on the Blockchain New York, NY , Nov. 13, 2021 (GLOBE NEWSWIRE) -- Spectral, a protocol for programmable creditworthiness, has announced a $6.75 million fundraise led by Polychain Capital. Mike Novogratz’s Galaxy Digital, Chamath Palihapitiya’s Social Capital, ParaFi Capital, Edge & Node Ventures (The Graph) and MetaPurse Ventures also participated ...
Spectral Raises $6.75 Million to Build a Decentralized Credit Bureau
Spectral Sat, November 13, 2021, 6:14 PM·2 min read Spectral’s New Financial Primitive is a Breakthrough Innovation for Building Creditworthiness on the Blockchain New York, NY , Nov. 13, 2021 (GLOBE NEWSWIRE) -- Spectral, a protocol for programmable creditworthiness, has announced a $6.75 million fundraise led by Polychain Capital. Mike Novogratz’s Galaxy Digital, Chamath Palihapitiya’s Social Capital, ParaFi Capital, Edge & Node Ventures (The Graph) and MetaPurse Ventures also participated ...
Stacks-Based Crypto Project ALEX Raises $5.8M to Build DeFi on Bitcoin
ALEX, a decentralized finance (DeFi) services startup founded by former Wall Street veterans, has today announced it raised $5.8M in a round led by White Star Capital with participation from venture capital firms such as Cultur3, GBIC, and OK Blockchain Capital, among others. ALEX, which stands for “Automated Liquidity Exchange,” plans to use the fresh funding to grow its current team of 15 people, ensuring that “new recruits are a good fit,” and that the project preserves its vision to creat...
Stacks-Based Crypto Project ALEX Raises $5.8M to Build DeFi on Bitcoin
ALEX, a decentralized finance (DeFi) services startup founded by former Wall Street veterans, has today announced it raised $5.8M in a round led by White Star Capital with participation from venture capital firms such as Cultur3, GBIC, and OK Blockchain Capital, among others. ALEX, which stands for “Automated Liquidity Exchange,” plans to use the fresh funding to grow its current team of 15 people, ensuring that “new recruits are a good fit,” and that the project preserves its vision to creat...
Ethereum Layer 2 developer StarkWare raises $50 million, now valued at $2 billion
Quick TakeStarkWare has raised $50 million in a Series C funding round and is now valued at $2 billion.StarkWare is set to launch StarkNet later this month, co-founder and CEO Uri Kolodny told The Block.ADVERTISEMENT StarkWare, an Ethereum Layer 2 developer using ZK-rollups technology, has raised $50 million in a Series C funding round and is now valued at $2 billion. Sharing the news exclusively with The Block on Tuesday, Israel-based StarkWare said the round was led by Sequoia Capital, with...
Ethereum Layer 2 developer StarkWare raises $50 million, now valued at $2 billion
Quick TakeStarkWare has raised $50 million in a Series C funding round and is now valued at $2 billion.StarkWare is set to launch StarkNet later this month, co-founder and CEO Uri Kolodny told The Block.ADVERTISEMENT StarkWare, an Ethereum Layer 2 developer using ZK-rollups technology, has raised $50 million in a Series C funding round and is now valued at $2 billion. Sharing the news exclusively with The Block on Tuesday, Israel-based StarkWare said the round was led by Sequoia Capital, with...
