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Blockstream Raises $55M in 2nd Round Led by Horizons, AXA, Digital Garage

Blockstream has raised $55 million in Series A funding led by Horizons Ventures, AXA Strategic Ventures, and Digital Garage, bringing total investment in the company to $76 million. The additional funding will be used to further enhance Blockstream's sidechain technology, expand its operations globally, and support new industry partnerships The investors participating...
Blockchain DAppsEquities/Derivatives

Blythe Masters’ Digital Asset Closes $50M Round with ABN AMRO, Accenture, ASX, BNP, Broadridge, Citi, CME, Deutsche Börse, ICAP, J.P. Morgan, Santander

Digital Asset Holdings, the blockchain technology developer lead by Blythe Masters, today announced that it has raised more than $50 million in funding from some high profile financial services sector corporations. They include ABN AMRO, Accenture, ASX Limited, BNP Paribas, Broadridge Financial Solutions, Inc., Citi, CME Ventures, Deutsche Börse Group, ICAP,...
AltcoinsBlockchain DApps

Kuala Innovations Invests $400,000 in Factom

Factom Inc, the for-profit entity seeking to facilitate commercial business on Factom, has raised $400,000 in new seed funding. Kuala Innovations has purchased a 3.64% stake in the company for 400,000 $1 shares, bringing the total pre-money valuation to $11 million. Kuala’s executive director, Jim Mellon, reported the board’s view that Factom...
AltcoinsPayment

Former Xoom.com CEO Raises $1.12M for Digital Token Paytech

Safe Cash Payment Technologies has raised $1.12 million from major technology and business investors, including Bialla Ventures, InfoSpace founder Naveen Jain, veteran trader Vuk Bulajic, Vinh Vo and founder Chris Kitze. According to the startup, the Safe Cash platform will enable users use their bank cash as a digital asset,...
Blockchain DAppsEquities/Derivatives

Blockchain Keeps Rising as Chain Raises $30M from Visa, Nasdaq, Citi, Capital One & Other Financial Sector Leaders

Chain, Inc., a Silicon Valley-based blockchain technology solutions provider, has raised $30 million in equity funding from a group of of financial and payments industry leaders including Visa, Nasdaq, Citi Ventures, Capital One, Fiserv and Orange. The news regarding the investment further demonstrates Wall Streets turn  towards the blockchain technology...
AltcoinsBitcoinBitSharesCounterpartyDash (Darkcoin)DogecoinEthereumLitecoinRipple

ShapeShift Completes US$1.6M Funding Round Led by DCG, Roger Ver

ShapeShift.io completed a funding round of US$1.6 million led by Barry Silbert’s Digital Currency Group and Roger Ver. The other participating investors include major exchange Bitfinex, Bitcoin Capital - Max Keiser and Simon Dixon, Mardal Investments, and top industry angels, including Bruce Fenton, Trevor Koverko and Michael Terpin. Since its launch in...
BitcoinBlockchain DAppsEthereum

Blockchain-Secured IoT Platform Filament Raises $5M from Bullpen, Verizon, Samsung, DCG, Others

It seems completely natural to see convergence of two of the hottest, most disruptive technologies, Blockchain technology and the Internet of Things. Filament, a startup that is harnessing blockchain technology to provide smart industrial infrastructure connecting machinery and equipment to a wireless sensor network, just closed a $5 million in funding led by Bullpen...
Blockchain DAppsCounterpartyEquities/Derivatives

Smart Securities Startup Symbiont Gets Capital from Atlantic Merchant, Celeridium

New York City-based fintech startup Symbiont has received investment from Atlantic Merchant Capital Investors, LLC and Celeridem Capital Management, LLC. The company develops blockchain technology to automate decentralized peer-to-peer trading of smart securities. Symbiont was established earlier this year by entrepreneur Mark Smith and three founders of the Counterparty protocol,...
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Spanish Banking Giant Santander Sees Blockchain Tech Cutting Banking Costs $15-20B Yearly

Santander InnoVentures, the venture funding unit of Spanish banking giant Santander Group, recently released a paper called Fintech 2.0, promoting technological innovations that will reinvent financial services. The authors of the paper believe that the combination of the Internet of Things, distributed ledgers - essentially blockchains - and smart contracts will...
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