Bitcoin

Ledn, a lending platform for digital assets, has followed up its recent funding round with the close of its Series A on $30m.

Indonesia-based crypto-assets exchange company Pintu banked $6m to support its mission to drive industry adoption.

Blockchain development platform Reach banked $12m in funding to expand its offerings and launch a commercial version of the toolkit.

Solidus Labs, which makes market surveillance tools to flag manipulation across cryptocurrency trading platforms, has raised $20m.

With Trade Republic netting $900m and four startups earning the horn among 46 rounds, last week proved to be a great week in terms of FinTech investment, particularly for stock trading apps enterprises.

While the value of cryptocurrencies continued to grow astronomically, it came crashing down to earth after Tesla’s sudden u-turn from using bitcoin as payment. However, experts think this will hardly undermine its potential as mainstream investments and payment means.

Blockchain analysis firm Elliptic has discovered the DarkSide ransomware variant made an estimated $90m in ransomware payments since October 2020.

Three Chinese associations have called for a complete ban on financial institutions and payment firms providing cryptocurrency services to customers.

Swiss banking technology firm Temenos has partnered with digital asset platform Taurus to integrate the latter’s digital asset infrastructure into Temenos’ platform.

From crypto startups raising millions despite Elon Musk pulling out of the bitcoin frenzy to subscription-based firms capitalising on the Covid-19 crisis, this is what you can learn from the 40 FinTech funding rounds of last week.