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Figment raises $50m in Series B funding

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

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).

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crypto