According to Foresight News, US fintech company Figure Technologies has completed a $60 million Series A funding round led by Jump Crypto, Pantera Capital, and Lightspeed Faction. Other participants in the round included Distributed Global, Ribbit Capital, and CMT Digital. In addition, Figure announced the establishment of an independent company called Figure Markets, which will develop a platform for investors to trade various blockchain-native assets, including cryptocurrencies, stocks, and alternative investments. The new trading platform will utilize the Provenance blockchain.
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According to PANews, El Salvador's Bitcoin wallet has been continuously receiving BTC donations, with nearly 200 donations received so far. President Nayib Bukele of El Salvador has been purchasing one Bitcoin daily, as indicated by the yellow highlights.
In a previous report, it was mentioned t……
According to Foresight News, Mehen Finance, a Cardano ecosystem stablecoin issuance protocol, has launched USDM, a fiat-backed stablecoin that allows holders to mint or exchange USDM using US dollars. Mehen is collaborating with fintech company Plaid to provide services and is actively seeking li……
According to Foresight News, a report by CoinShares revealed that inflows into digital asset investment products reached a record $2.9 billion last week, breaking the previous record of $2.7 billion set in the preceding weeks. The inflows last week pushed the total inflows for the year to $13.2 b……
According to PANews, CoinShares research director James Butterfill stated that in the coming months, new fund inflows from registered investment advisors could lead to a positive demand shock for Bitcoin. A positive demand shock refers to a sudden surge in demand for an asset, such as Bitcoin, wh……