Startups

The custodial service Metaco raised $17 million during the first round of financing. The company said this exceeded their expectations by half

The IOHK company, known for the Cardano project, made a deal with Wave Financial and developed the cFund fund with a capital of $20 million

The New York Digital Investment Group (NYDIG) managed to raise another 105 million US dollars

Representatives of the popular decentralized crypto exchange DeversiFi (before rebranding, Ethfinex) noted a significantly increased interest from institutional investors

A relatively young crypto platform focused on hedge funds, Numerai, successfully closed another round of financing, raising 3 million US dollars

The profitability of investments in bitcoin in 2020 against the backdrop of the financial crisis has already exceeded that of the main world benchmarks and the most commodities

One of the largest custodial services in the UK, Vo1t has become part of a larger over-the-counter holding Genesis Global Trading

During the Dutch auction, held on the CoinList platform, the developers of the Celo blockchain startup raised $10 million

One of the largest manufacturers of mining equipment in China, Ebang International has filed an application with the US Securities Commission for an IPO

Analysts from Oxford University analyzed investor behavior during the crisis against the backdrop of Covid-19 and concluded that many of them are switching to digital currencies. Experts believe such a trend can cause problems to the traditional financial system