NEW YORK — Ostium Labs, the developer of a protocol enabling decentralized trading of perpetual swaps on traditional markets, announced Thursday it raised $24 million in new funding. The funding includes a $20 million Series A round co-led by General Catalyst and Jump Crypto, and a previously unannounced $4 million strategic round. It brings the…
LONDON – Valereum Plc, a U.K.-based fintech company, announced Monday a $200 million investment partnership with Valereum QGP-SP, a move the company said will significantly strengthen its balance sheet and accelerate its growth strategy, including a target listing on a major U.S. national exchange by the first half of 2026. Under the agreement, Valereum Plc will…
OSLO – Nordic cryptocurrency platform Norwegian Block Exchange AS (NBX) said on Thursday it has agreed to buy a 50% stake in The Flip Company AS, a move that merges its regulated custodial services with a popular non-custodial wallet. The acquisition from Autonomous Investments AS values the deal at 4.4 million Norwegian crowns ($414,000), NBX said,…
SANTA CRUZ – Paystand, a blockchain-based B2B payments network, said on Tuesday it has acquired Bitwage, a platform for cross-border payroll and payouts using stablecoins, aiming to bring faster, cheaper digital currency settlement to corporate finance. The deal, terms of which were not disclosed, comes as stablecoins—digital tokens pegged to assets like the U.S. dollar—gain traction…
SAN FRANCISCO — Ripple, the digital assets and infrastructure firm closely associated with the cryptocurrency XRP, said Wednesday it has raised $500 million in new funding, lifting its valuation to $40 billion as it accelerates expansion beyond payments and deepens ties with institutional finance. The funding round was led by affiliates of Fortress Investment Group…
SAN FRANCISCO – Ripple, a provider of cryptocurrency and enterprise blockchain solutions, said on Tuesday it has acquired digital asset wallet and custody company Palisade, a move aimed at significantly expanding its services for financial institutions and corporations entering the digital asset space. The acquisition will combine Ripple’s existing “bank-grade vault” for long-term storage with Palisade’s…
LONDON: Anemoi International Ltd has entered into a non-binding term sheet for the proposed acquisition of 100% of the issued share capital of Trasna Solutions Technologies Limited by way of a reverse takeover (RTO). Acquisition of Trasna for total consideration of up to £150 million, payable entirely via the issue of new ordinary shares in…
LONDON: Vault Ventures Plc (AQSE: VULT), a London based technology developer focused on AI, blockchain and fintech innovation, has sold all of its Solana (SOL) holdings and realised a profit of approximately £96,000 ($130,000). Following the disposal the Company only holds Ethereum (“ETH”) in its treasury. The proceeds from the Disposal of SOL will be…
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026. AEG…
LONDON: Vaultz Capital plc (AQSE:V3TC), a digital asset operating company, has appointed Aleksander (“Aleks”) Nowak as Chief Operating Officer (COO), effective immediately. The role is non-Board. Nowak will oversee core business functions and drive operational efficiency, aligning the company’s strategic objectives with its daily execution. His appointment comes as Vaultz Capital accelerates its growth trajectory…
OKX Ventures, the investment arm of OKX, has announced its Series A investment in Taiko, a decentralized, Ethereum-equivalent ZK-Rollup that aims to scale Ethereum and enable a more inclusive Web3 ecosystem. Taiko is a Layer 2 solution that leverages zero-knowledge proofs (ZKPs) to achieve high scalability, low latency, and low fees, while preserving the security…
LONDON, UK: Valereum Plc (AQSE: VLRM), a Gibraltar technology group, has announced its strategic initiatives and capital raise for 2024-2025, aiming to become a leading provider of innovative solutions for tokenising and trading digital assets. The company is planning to launch ‘The Bridge’, a blockchain-based digital financial markets infrastructure (DFMI) that supports the issuance, trading…