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News (332)

Robinhood to Invest $12M in N.C., Generate Hundreds of New Jobs in Charlotte

Robinhood is expecting to bring 400 new jobs to North Carolina’s Mecklenburg County as it will be investing close to $12 million to establish an operation in Charlotte. So reports the WSOC-TV.

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China’s Fintech Sector Continues to Struggle, Bairong the Latest Victim

The Chinese technology sector continues to flounder as fintech Bairong Inc. limped into its Hong Kong debut. So reports Yahoo! Finance.

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HODLers Gonna HODL, New Blockchain Data Shows

New research suggests growth in Bitcoin being held between one month to half a year. This indicates that there is “strong conviction” behind the coin’s recent rally. So reports Coindesk.

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Series C Helps AI-fintech HighRadius Triple Valuation

AI software developer HighRadius raised $300 million in a Series C round led by Tiger Global and D1 Capital. So reports TechCrunch.

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Fidelity Bitcoin ETF Application Now in Hands of the SEC

Fidelity Investments is planning to launch a Bitcoin ETF and has filed the necessary paperwork with the Securities and Exchange Commission to that end. So reports CNBC.

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Gap Between Fiat and Blockchain Closing Thanks to German Gov't Plan

German authorities developed a way to allow investors to trade securities with blockchain technology in return for money from the central bank. So reports Reuters.

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Upstart Valuation Surges As Fintech Catches Eyes

Upstart Holdings, a recently made public software vendor, has seen its valuation jump from $2.1 billion to more than $12 billion as it has enjoyed wild stock-price rallies in recent days. So reports CNBC.

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Environmentally Friendly Diem Pulls in $5.5M in Seed Round

London-based environmental-themed fintech Diem hauled in $5.5 million in a seed round led by Fasanara Capital along with “angel investor” Chris Adelsbach of Outrun Ventures. So reports TechCrunch.

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Coinbase Direct Listing Excepted to Boost Valuation By Multiples

Cryptocurrency exchange Coinbase is looking at a possible $68 billion valuation as it prepares to go public on the Nasdaq stock exchange. So reports CNBC.

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Tether Goes Live On 8th Blockchain Network

Tether is now available through the Solana network, which is now the eighth blockchain to support the world’s top stablecoin. So reports Coindesk.

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