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  • bridgewater-associates-cfo-heads-to-bitcoin-focused-firm
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    Bridgewater Associates CFO heads to Bitcoin-focused firm

    The New York Digital Investment Group, or NYDIG, tapped Jon Dalby as its new CFO. Departing his position as the chief financial officer of Bridgewater Associates, John Dalby will assume the post of chief financial officer for Bitcoin-focused tech and finance company NYDIG.”The NYDIG team and I are extremely excited to welcome John,” NYDIG CEO… More

  • grayscale-parent-firm-dcg-to-expand-gbtc-buy-limit-by-$500m
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    Grayscale parent firm DCG to expand GBTC buy limit by $500M

    Digital Currency Group has purchased a total of $194 million worth of GBTC shares so far. Digital Currency Group, the parent company of digital asset manager Grayscale Investments, is now authorized to purchase up to $750 million worth of shares of Grayscale Bitcoin Trust.The company announced Monday that DCG increased its prior authorization to buy… More

  • rally,-globedx-and-singularitydao-highlight-active-week-for-crypto-raises
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    Rally, GlobeDX and SingularityDAO highlight active week for crypto raises

    The three projects raised a collective $77.7 million, underscoring investor appetite for all things blockchain and cryptocurrency. Blockchain projects Rally, GlobeDX and SingularityDAO concluded highly successful private sales this week, offering further evidence that smart-money investors were still eyeing up-and-coming digital asset plays. Rally, the so-called “crypto for creators” platform, raised $57 million for its community… More

  • deutsche-boerse-and-commerzbank-invest-in-new-digital-asset-venture
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    Deutsche Boerse and Commerzbank invest in new digital asset venture

    Deutsche Boerse invests $12 million in new holding company 360X to develop blockchain-based digital marketplaces featuring NFTs. German securities marketplace Deutsche Boerse and major bank Commerzbank have jointly invested in a new holding company that plans to focus on blockchain technology and digital assets.Deutsche Boerse announced Thursday that the company and Commerzbank entered a strategic… More

  • pendle-finance-raises-$3.5m-to-launch-secondary-market-for-defi-yields
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    Pendle Finance raises $3.5M to launch secondary market for DeFi yields

    The company is building a tokenization platform to better enable users to manage their DeFi yields. Pendle Finance, a decentralized finance protocol that allows users to tokenize and sell future yields, has completed a private investment round worth $3.5 million to power the next phase of its platform’s evolution. The private investment round included contributions from… More

  • defi-mutual-fund-sheesha-finance-raises-$9.4m
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    DeFi mutual fund Sheesha Finance raises $9.4M

    Sheesha is attempting to make DeFi projects more accessible to mainstream users. Sheesha Finance, a decentralized finance mutual fund based in the United Arab Emirates, has raised $9.44 million over a two-week token sale — underscoring heightened investor demand for DeFi applications. The token sale, known as a liquidity generation event, or LGE, excluded private sales… More

  • jpmorgan,-mastercard,-ubs-lead-$65m-consensys-raise
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    JPMorgan, Mastercard, UBS lead $65M ConsenSys raise

    ConsenSys is using the funds to expand its enterprise blockchain solutions centered around DeFi and Web 3.0. ConsenSys, a prominent blockchain software company, has raised $65 million in strategic investments from major financial institutions including JPMorgan Chase, Mastercard and UBS, offering yet another sign that traditional finance is entering the crypto space.The investment round will… More