Tag: Digital Currency Group

Zone, an emerging powerhouse in Africa's financial technology landscape, announced a significant milestone in its growth trajectory with the completion of an $8.5m oversubscribed seed funding round.

AlloyX, a platform in the DeFi sector that specialises in aggregating tokenised credit, has bagged $2m and launched a new product. 

Genesis Global Holdco (GGH), the parent company of struggling crypto brokerage Genesis, has filed for bankruptcy protection.

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

 Genesis, a cryptocurrency brokerage, is reportedly set to receive a $140m equity infusion from its parent company, Digital Currency Group, to support its balance sheet.

CLST, an institutional-only lending and borrowing platform for stable coins and cryptos, has closed a multi-million-dollar seed round.

Digital asset management platform Gnosis Safe has reportedly raised $100m in a funding round, alongside the rebranding to Safe.

Elwood Technologies, which offers institutional-grade access to digital markets, has scored $70m in its Series A round.

DeFi lending protocol JellyFi has closed its seed funding round on $4.4m, as it gears up for technology development push.

Elliptic, a cryptoasset risk management provider, has closed its Series C round on $60m, as it bolsters its market position.