Onyze raises €1.2M. Fasset raises $22M. Tangany raises €7M. Mintbase raises $7.5M. Blockdaemon raises an undisclosed amount.
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Recap of the Week
EU officials discussed banning Bitcoin trading earlier this year
Ajax football players traded NFTs allegedly based on insider information
Commerzbank applies for digital asset custody license
MediaMarkt rolles out Bitcoin ATMs in 12 branches in Austria
Emirates airline to launch NFTs
Warner Music to create digital NFTs for fans that attend music events
Bahamas to allow residents to pay taxes with digital assets in 2022
NBA launches dynamic NFTs for fans
Ukraine bans Bitcoin purchases with local currency amid martial law
Iran announces strict penalties for illegal cryptocurrency mining
Latest Funding Rounds in Crypto
Fasset raises $22M in Series A · Founded in 2019 · UK
Fasset is a global digital asset exchange that provides people in emerging markets with accessibility to the digital asset space.
The funds will be used towards new product development and market expansion.
Fasset has also recently secured an EU authorization; this latest milestone will allow Fasset to connect the remittance corridors of the global diaspora to their home markets.
Round led by Liberty City Ventures & Fatima Gobi Ventures.
Onyze raises €1.2M · Founded in 2018 · Spain
Onyze is a digital assets custody platform that offers security & tech infrastructure for third parties
The company will work on offerring its clients new DeFi solutions, products for staking and lending and expanding internationally during 2022.
The company has reached agreements with partners such as Renta 4 Banco, Allfunds and Caixabank.
Round led by Valley Venture Capital
Tangany raises €7M in Seed round · Founded in 2018 · Germany
Tangany provides white-label custody for businesses (Wallet as a Service)
Over the last year, the company has onboarded over 25 new clients including Tezos Foundation, Quirin Privatbank and Exporo. The firm reached €400m of digital assets under custody.
The funding will also enable Tangany to add new services such as staking and yield farming.
Round led by Nauta Capital.
Mintbase raises an $7.5M in Series A · Founded in 2019 · Germany
Mintbase is an NFT creation platform, which claims to permit anybody to create their very own digital property verified on a number of blockchains.
The funds will be used to offer grants to NFT projects and scale its operations.
Round led by Woodstock Fund, Coinbase Ventures, Libertus Capital & others.
Blockdaemon raises an undisclosed amount · Founded in 2017 · US
Blockdaemon is a blockchain deployment facilitator that manages nodes and payment rails for blockchain networks.
They are actively developing the world’s first Ethereum liquid staking solution for institutions.
Blockdaemon supports over 50 blockchains, including over 25 proof-of-stake protocols.
In January the company raised $207m at a valuation of $3.25bn.
Round led by Citi, Salesforce, Telstra Ventures, and Invicta Growth.
Acquisitions
Robinhood acquires Ziglu
Terms were undisclosed
Ziglu, founded in the UK, provides a digital platform that enables customers to exchange fiat currency for cryptocurrency.
Robinhood, founded in the US, is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies with zero commission.
Robinhood plans to integrate Ziglu into its platform in the long term, bringing Robinhood’s brand overseas and expanding across Europe & the UK.
WonderFi Technologies acquires Coinberry
Acquisition of $38.5M
WonderFi, founded in Canada, provides individuals with better access to financial services through DeFi.
Coinberry, founded in Canada, is a cryptocurrency trading platform with 0% withdrawal and funding fees.
With this acquisition, WonderFi plans to expand into global markets in 2022, as they continue the consolidation of leading licensed crypto platforms.