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.


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.


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.


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.


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.


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.


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.


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.


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.


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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