Frankfurt-based Solactive AG to act as calculation agent for first-of-their-kind indices
Xangle Closes USD 17 Mn Series B Investment Round
May 10, 20223 min
CrossAngle Pte. Ltd. (Co-CEO Junwoo Kim and Co-CEO Lihan Lee) announced that its Xangle, a crypto data and research platform based in South Korea, has closed a USD 17 million Series B investment round. The Series B funding was led by KB Investment, Shinhan Capital, Premier Partners, and IMM. Among its investors, Shinhan Capital entered into a strategic partnership role with Xangle. The two companies are aiming to launch crypto-related services that are expected to be...
Dragonfly Capital Closes $650 Mn Crypto Venture Fund III
May 10, 20225 min
Firm to expand its global portfolio of early stage crypto and blockchain investments Dragonfly Capital (“Dragonfly”), a global crypto-focused investment firm, announced today the final closing of its third venture fund, Dragonfly Ventures III, L.P. (“Fund III”) with capital commitments from limited partners of $650 million, exceeding the Fund’s original target of $500 million. The oversubscribed fund was closed at its hard cap and received strong support from institutional limited partners including leading Ivy League endowments, KKR, Tiger Global,...
Commits to partnering with fintechs, neobanks, and brokers to transform the retail investing experience
Connect Invest’s alternative investment platform to fill the gap
CEA International LLP (“CEAI”) acting as advisor to GMEX Group Limited (“GMEX”) in its equity financing round, announced today that lead investor terms have been secured for an undisclosed amount. The deal is expected to close during June 2022 subject to necessary approvals with participation from other strategic and institutional investors joining the investment round. CEA International LLP is the London based subsidiary of US-headquartered CEA Group (“CEA”), a leading technology investment banking and advisory...
Global Blue Announces $225 Million Equity Investment
May 9, 20226 min
Global Blue Group Holding AG (NYSE: GB and GB.WS), the leading strategic technology and payments partner that empowers retailers to improve their performance while enhancing the shoppers’ experience, is pleased to announce it has entered into an investment agreement with CK Opportunities Fund I, LP (“CK Opportunities”), an investment fund co-managed by Certares Opportunities LLC (“Certares”), a global travel, tourism and hospitality investment firm, and Knighthead Opportunities Capital Management, LLC (“Knighthead”), a leading credit investment...
The Blockchain Technology Market value is set to grow by USD 6.25 billion, progressing at a CAGR of 32.39% from 2020 to 2025, as per the latest report by Technavio. The market is segmented by end-user (BFSI, government, healthcare, and others) and geography (North America, Europe, APAC, South America, and MEA). Moreover, the increase in fintech spending is notably driving the blockchain technology market growth. The blockchain technology market report also offers information on several market vendors, including Accenture Plc, Amazon.com Inc., Huawei Investment & Holding Co....
Today, decentralized finance (DeFi) investment opportunities are expanding. Josh Forman shares insights on the rise of crypto as an investment vehicle and how an investor can measure today’s crypto assets!
Monsoon Digital Secures Seed Investment with Razer
May 5, 20223 min
Monsoon Digital, a blockchain-based trading platform, has announced a pre-seed investment from Razer, the leading global lifestyle brand for gamers. Monsoon’s soon-to-launch platform will feature licensed collectible NFTs as well as a marketplace where fans can buy, sell, and trade items from their collections. Monsoon’s NFT products will be created on the environmentally friendly Flow blockchain. Razer has millions of dedicated fans worldwide because of how their products connect with gamers. This pairs perfectly with...