Category: Companies

Crypto exchange Apifiny to go public via $530 million deal with Abri SPAC

Crypto exchange Apifiny to go public via $530 million deal with Abri SPAC

Apifiny Group Inc announced Thursday that it is going public after a merger with Abri SPAC I, a special purpose acquisition company.  Apifiny is expected to be listed on NASDAQ once the $530 million deal officially closes in the third quarter of 2022.  Founded in 2018, the San Francisco-based firm consolidates various aspects of digital […]

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YouTube’s head of gaming leaves to join Polygon Studios as CEO

YouTube’s head of gaming leaves to join Polygon Studios as CEO

Ryan Wyatt, who served as YouTube’s Head of Gaming for seven years, is leaving next month to become CEO of Polygon Studios.  Polygon Studios is the gaming and NFT arm of Polygon, an Ethereum scaling project. In his new role, Wyatt will lead Polygon Studios across gaming, entertainment, fashion, news and sports and grow the […]

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Dragonfly Capital is raising $500 million for new fund

Dragonfly Capital is raising $500 million for new fund

Dragonfly Capital, a crypto-focused venture capital firm, is raising $500 million for a new fund, according to a filing submitted with the Securities and Exchange Commission.  The new fund, dubbed Dragonfly Ventures III Feeder, will join a number of newly launched investment vehicles in the space, including Paradigm’s $2.5 billion venture fund and crypto exchange […]

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Twitter is growing its in-house crypto team

Twitter is growing its in-house crypto team

Twitter is hiring a senior product manager for crypto, according to a tweet by the company’s crypto engineering lead Tess Rinearson.  The position is described as a member of a new team at Twitter that explores “decentralized technologies, including blockchains, cryptocurrencies, and web3.” There’s a particular focus on creators, “especially creator monetization. In this capacity, […]

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Walmart director joins board for crypto wallet company Blockchain.com

Walmart director joins board for crypto wallet company Blockchain.com

Crypto startup Blockchain.com is adding Tom Horton, the lead independent director from Walmart, to its own board.  The crypto startup is known for its blockchain wallet that manages digital currencies. Horton will add to Blockchain.com’s list of backers from other firms. The board recently added Marcie Vu, former head of consumer Internet banking at Morgan Stanley, […]

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Crypto stock plunge could pump the brakes on IPO and deal market

Crypto stock plunge could pump the brakes on IPO and deal market

“Being a public company seems like a total blast.” Barry Silbert, chief executive of crypto power-house DCG, was of course sarcastic in his January 21 tweet; it’s been a brutal period for publicly traded companies in the digital asset market amid the ongoing rout in liquid tokens.  Shares in Robinhood, the popular brokerage app company, […]

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Twitter’s roll-out of NFT profile pictures offers insight into what users really want

Twitter’s roll-out of NFT profile pictures offers insight into what users really want

Twitter Blue, a paid subscription offering from Twitter, rolled out a new feature for its subscribers to upload non-fungible tokens (NFTs) as profile pictures on Thursday. The company is one of the first major traditional Web2 companies to incorporate NFT features, in a race to become the defining social media hub of Web3. But following […]

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SEC rebuffs MicroStrategy’s non-GAAP bitcoin accounting approach: report

SEC rebuffs MicroStrategy’s non-GAAP bitcoin accounting approach: report

Reports on Friday evening indicate that the Securities and Exchange Commission is pushing back on MicroStrategy’s approach to bitcoin accounting. Bloomberg and CNBC both reported on the SEC’s rebuffing, which was included in a December 3 filing that appears to show a months-long back-and-forth between the publicly traded company and the US securities regulator on […]

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Elliptic is developing a new blockchain data product for institutional crypto traders

Elliptic is developing a new blockchain data product for institutional crypto traders

Blockchain analytics firm Elliptic announced Monday that it is developing a new data product focused on institutional crypto traders. To that end, Elliptic has set up a new “market intelligence unit,” headed by its co-founder James Smith. The unit, Elliptic’s second business line after its primary blockchain analytics offering, will offer on-chain data to crypto […]

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