Business

XMTP Raises $20M in Series B, Achieves $300M Valuation

XMTP, a decentralized messaging protocol led by Ephemera, raised $20M in Series B funding with investors like a16z and Coinbase, reaching a $300M valuation.

3 Min Read
Business Stories

Metaplanet acquires Japanese securities firm for $13M to launch Bitcoin yield products

Metaplanet is acquiring a Japanese securities firm for $13 million as it…

Keyrock Tallies $73 Million in AI Payments Amid Sector Growth

Keyrock says AI payments have reached $73 million, highlighting fresh momentum at…

Squid Raises $6 Million in Round Backed by Ripple and North Island Ventures

Squid has raised $6 million in a funding round backed by Ripple…

Crypto Companies Leave the Hype Cycle as Earnings Show Discipline

Crypto company earnings suggest the industry is moving beyond hype, with stronger…

Checker Raises $8M From Galaxy Ventures for Stablecoin Infrastructure

Checker raised $8 million in a funding round backed by Galaxy Ventures…

Intesa Sanpaolo Crypto Exposure Hits $235M

Intesa Sanpaolo reportedly more than doubled its crypto exposure to $235 million.…

SBI, Rakuten, Nomura Eye Crypto Investment Trusts

A report says SBI, Rakuten and Nomura are preparing crypto investment trusts,…

Bit Digital Q1 Revenue Falls 14% as ETH Staking Rewards Weaken

Bit Digital reported a 14% Q1 revenue decline as lower ETH staking…

Crypto data company Dune cuts 25% of staff in restructuring move

Dune is cutting 25% of its staff in a restructuring move. Here…

Metaplanet Q1 net loss hits $725M as Bitcoin markdowns erase gains

Metaplanet reported a $725 million Q1 net loss after Bitcoin markdowns eclipsed…