In an interview with CoinDesk, Francis X. Suarez explains how he plans to attract the crypto industry to Florida.
Go to Source
Author: Daniel Kuhn
Regulators have been clamping down on Ant Group, even cancelling its expected $35 billion twin IPO late last year.
Go to Source
Author: Tanzeel Akhtar
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Go to Source
Author: Andreas Nicolos
Casa, a startup that helps crypto investors manage their private keys, has closed a $4 million seed round.
Avon Ventures, a venture capital fund affiliated with the fund management giant Fidelity Investments, led the investment.
Tioga Capital, Cadenza Ventures (a venture capital firm connected to BitMEX), Coinbase Venture and Champion Hill Ventures all invested for the first time alongside existing backers.
“Casa has built a product that combines best-in-class security with an intuitive user experience. Bitcoin owners no longer have to decide between simplicity and security for their bitcoin – Casa provides both,” said Sachin Patodia, partner at Avon Ventures. As part of the deal, Patodia joined Casa’s board of directors, according to a Casa representative.
The money will be used for hires and product development.
The Casa app allows investors to buy bitcoin directly into Casa storage, which the startup says allows people to skip exchanges entirely. It also launched Casa Covenant in 2020 – a bitcoin inheritance tool.
Nick Neuman, Casa’s chief executive, said people have been “thinking critically about their security” during the recent bitcoin bull run.
He said his customers are moving their bitcoin off exchanges and using Casa for self-custody “without the fear of losing their bitcoin due to mistakes or theft.”
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Go to Source
Author: Ryan Weeks
“We did not expect immediate fireworks,” said a Ruffer executive.
Go to Source
Author: Tanzeel Akhtar
The serial entrepreneur, payments veteran and pugnacious tweeter will focus on building Paxos’ white-labeled stablecoin business.
Go to Source
Author: Zack Seward
Coinbase Ventures also joined the round.
Go to Source
Author: Danny Nelson
GameStop comedown shows appeal of social-media-fueled trading. Dogecoin chatter in Reddit reveals cryptocurrency analogue.
Go to Source
Author: Bradley Keoun
With bitcoin trading near $36,500, the new holdings have a current value of over $6 million.
Go to Source
Author: Zack Voell
The startup will use the funds to build a DAO governance structure.
Go to Source
Author: William Foxley
