Texas approves debtor-in-possession financing plan for BTC miner Rhodium
Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium…
Cantor Fitzgerald to launch $2 billion Bitcoin financing business
Cantor Fitzgerald is looking to launch a Bitcoin financing business with an initial capital of $2 billion. The financing services giant’s CEO announced the plans at Bitcoin 2024. Cantor Fitzgerald…
Japan eases regulations on startup financing to allow for crypto
Japan eyes support for crypto startups in new regulation on startup financing. According to reports, the new rules means startups can raise funds from investors by offering stocks and crypto.…
NFT platform Recur shuts down less than 2 years after $50M financing round
Recur announced the gradual wind down of its operations and functionality on August 18, 2023. All NFT activity will be disabled by November 16, with metadata migrated to IPFS. The…
AllianceBlock partners with ABO Digital for structured crypto projects financing
AllianceBlock builds seamless gateways between TradFi and DeFi through its decentralized and trustless infrastructure. ABO Digital is the private digital asset investment arm of Alpha Blue Ocean. The two companies…