Bitcoin

While Nubank’s massive Series G round and Klarna's $40bn valuation may have secured the most headlines last week, CyberTech and cryptocurrency ventures bagged the most capital injections.

Solana has raised over $314m through a private sale of its native token SOL led by Andreessen Horowitz and Polychain Capital.

Digital risk protection services company GroupSense and cryptocurrency intelligence firm CipherTrace are teaming up to help businesses identify threat actors and groups and thwart ransomware attacks.

The government of El Salvador has passed a bill that will see Bitcoin join the US dollar as legal tender in the country.

A Bank of England (BofE) paper has highlighted that stablecoins used as money should be expected to face the same regulatory standards as those attached to bank deposits.

InsurTech companies continued their winning streak last week among the 37 FinTechs that raised big rounds.

Standard Chartered is planning to establish a UK-based cryptocurrency brokerage and exchange for clients in the UK and Europe.

The Financial Conduct Authority (FCA) has said a ‘significantly high’ amount of cryptocurrency firms are not meeting UK requirements on money laundering prevention.

US cryptocurrency company Circle has raked in $440m from a funding round.

While Covid-19 continues to haunt us, the FinTech industry continues to rake in millions of dollars. Neobanks and cybersecurity companies were the top-scoring sectors to raise investment among the 42 rounds that FinTech Global reported on last week.