Binance to help Elon Musk buy Twitter / Gucci to accept crypto in stores / Bitcoin becomes official currency in Central African Republic / Telegram to allow users to send crypto
Coinbase, Figment, Worldpay, BTP, HIVE, Blockdaemon, Fireblocks, Bit.com and Bitdeer are the latest sponsors confirmed at European Blockchain Convention 2022. Welcome all :)
If you like to join us on June 26-28 in beautiful Barcelona for 3 days of networking, inspiration and learning, make sure to secure your ticket very soon.
Recap of the Week
Binance commits $500M to help Elon Musk buy Twitter
Bitcoin becomes official currency in Central African Republic
Coinbase takes out the first Bitcoin-backed loan from Goldman Sachs
France approves Binance as digital asset service provider
Argentina’s 2 largest banks will allow clients to buy crypto on their website
Gucci will accept crypto payments in its stores
South Korea’s new president delays taxation of crypto gains
Kraken to launch an NFT marketplace
Telegram is now allowing users to send cryptocurrency
Latest Funding Rounds in Crypto
aXedras raises an undisclosed amount in Series B · Founded in 2018 · Switzerland
aXedras is a blockchain and DLT solutions provider company.
The funding’s aim is to improve market infrastructure for the global gold market, tracking gold from the mine to the end-user.
Round led by World Gold Council.
Mangata Finance raises $4.2M · Founded in 2020 · Slovakia
Mangata Finance offers decentralized trading for Polkadot and Ethereum, in a way that prevents frontrunning bots from stealing from traders.
This funding will be used to ramp up Mangata Finance’s velocity as well as partner with Acala & Oak Network.
The funding will also be used to build a better DeFi market within the Polkadot ecosystem.
Co-led by Altonomy, Polychain and TRGC.
Decrypt raises $10M at a $50M valuation · Founded in 2018 · US
Decrypt is a media platform that delivers essential journalism, education, and analysis for the adoption of blockchain.
Decrypt was born in 2018 inside the ConsenSys Mesh incubator program. With this funding it will become an independent Web3 Media Company.
The funding will be used to grow journalists, production and develop PubDAO.
Round led by a mix of 22 VCs, DAOs, and Web3 institutions.
Syndicate raises $6M · Founded in 2021 · US
Syndicate is a decentralized asset management platform and social network. The web3 startup aims to make DAOs more accessible.
Since the product launched 3 months ago, more than 1.100 investment clubs have been created on Syndicate’s platform.
Round led by Circle Ventures, Polygon, Uniswap & many others.
Banger raises an undisclosed amount in Venture Round · Founded in 2019 · Spain
Banger is a blockchain-powered gaming platform that provides users with an array of earning possibilities.
Earlier this year, the startup raised $10 million from Avalanche
Round led by Mirai DAO.
Amberdata raises $30M in a Series B · Founded in 2017 · US
Amberdata is an institutionally focused digital asset data provider. The company is now valued at $330M.
They aim to be the infrastructure that enables all institutions to onboard digital assets. Some of their clients are Citi, Coinbase, Nasdaq and Franklin Templeton.
The capital will be used to build new product lines and to expand globally.
The round was led by Knollwood Investment Advisory.
Acquisitions
Crypto Blockchain Industries acquires Xave World.
Terms were undisclosed
Crypto Blockchain Industries is a French company that develops, operates, and invests in video games & projects related to blockchain, NFT and cryptocurrencies.
Xave World is a blockchain technology company based in Barcelona and Argentina that has been developing Xave World, a dedicated music metaverse.