Tag: Blockchain
What we learned from selling a blockchain service to African governments
Mohammed Ibrahim Jega Contributor Mohammed Ibrahim Jega is the co-founder of Domineum Blockchain Solutions, a serial tech entrepreneur, startup adviser, fintech expert and blockchain advocate. A major attraction of Africa is its large population of 1.2 billion, which hints at a sizable addressable market. But what happens when your target…
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Nym gets $6M for its anonymous overlay mixnet to sell privacy as a service
Switzerland-based privacy startup Nym Technologies has raised $6 million, which is being loosely pegged as a Series A round. Earlier raises included a $2.5M seed round in 2019. The founders also took in grant money from the European Union’s Horizon 2020 research fund during an earlier R&D phase developing the…
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Crypto startup Phantom banks funding from Andreessen Horowitz to scale its multichain wallet
While retail investors grew more comfortable buying cryptocurrencies like Bitcoin and Ethereum in 2021, the decentralized application world still has a lot of work to do when it comes to onboarding a mainstream user base. Phantom is part of a new class of crypto startups looking to build infrastructure that…
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Cryptocurrency company Circle to go public in SPAC deal
Circle has announced that it plans to become a public company. The cryptocurrency company will merge with Concord Acquisition Corp, a SPAC. Circle is better known as one of the founding members of the Centre consortium with Coinbase. Along with other crypto partners, they have issued USD Coin (USDC), a…
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Nansen raises $12M from a16z to help investors make sense of crypto markets
While the ambitions of crypto investors have swelled even faster than the market has in recent months, institutional players have had a mountain of blockchain data to try to make sense of without particularly mature analytics products at their disposal. Blockchain analytics startup Nansen is building a product for crypto…
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Mercuryo raises $7.5M for crypto-focused, cross-border payments after crossing $50M in ARR
Mercuryo, a startup that has built a cross-border payments network, has raised $7.5 million in a Series A round of funding. The London-based company describes itself as “a crypto infrastructure company” that aims to make blockchain useful for businesses via its “digital asset payment gateway.” Specifically, it aggregates various payment…
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