Blockchain

Figure Technologies, which designed blockchain technology platforms for financial services, has hit a $3.2bn valuation after closing its Series D.

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

Data-driven private credit marketplace Finitive has secured an investment from Sterling Bancorp.

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

US AI-powered investment management platform Vise has raised $65m in a Series C funding round led by Ribbit Capital.

The SmartStream Reference Data Utility (RDU) was founded with Tier 1 partner banks to help them improve operational control, cut cost and comply accurately with the regulators. In a short space of time, the company has already onboarded an extensive list of clients for its reference data services, but it plans to go one step further by extending its offering with an instantly deployable suite of APIs.

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.

PolySign, which provides financial institutions with blockchain-enabled infrastructure, has closed its Series B funding round on $53m.

Mexico-based crypto exchange Bitso became the first LatAm unicorn after getting a valuation of $2.2bn on its $250m Series C funding round.