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News by FinTech Collective Archive

Figment raises $50m in Series B funding

Sarah Wolter

August 17, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

crypto

New York based blockchain infrastructure provider raised $50m in Series B funding led by Senator Investment Group and Liberty City Ventures.

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With Ethereum's transition to a PoS model, Figment predicts that the market cap of this segment of the crypto industry will "double overnight" as it will account for everything on Ethereum rails, including decentralized finance (DeFi) and non-fungible tokens (NFTs).

https://www.coindesk.com/figment-raises-50m-in-series-b-funding-to-build-up-proof-of-stake-infrastructure

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More posts by Sarah Wolter

Klarna to launch credit card offering in the US “over the next few months”

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Public acquires Stocktwits trading accounts

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Centrifuge raises $15m in Series A funding for institutional DeFi adoption

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