For the past 15 years, blockchain has been attempting to transform the global financial system. Or, if you listen to some of the earlier adherents of the digital asset sector, attempting to replace it. However, the inherently anonymous nature of the crypto industry’s web3 technology...
Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the Avalanche Spruce institutional test Subnet, demonstrating the potential of smart-contract capabilities to bring new functionality and operational efficiencies, the companies...
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made Tabby the first FinTech unicorn in the region, the firm said in a Wednesday (Nov....
eCommerce startup Rokt’s valuation has risen to $2.4 billion following a new funding round. The company announced the new valuation Monday (Dec. 5) following a secondary funding round led by investment firm Square Peg and asset manager Wellington Management, and says it is preparing to...
February 14, 2024
Citigroup has partnered with Wellington Management and WisdomTree to explore the tokenization of private markets. The collaboration successfully completed a proof of concept on the Avalanche Spruce institutional test Subnet, demonstrating the potential of smart-contract capabilities to bring new functionality and operational efficiencies, the companies said in a Wednesday (Feb. 14) press release. Private markets, […]
November 01, 2023
Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of $1.5 billion. This has made...
December 05, 2022
eCommerce startup Rokt’s valuation has risen to $2.4 billion following a new funding round. The company announced the new valuation Monday (Dec. 5) following a secondary funding round led by...