UAE firm bought 49% of Trump-linked crypto startup for $500M: WSJ
A UAE-backed investment vehicle quietly agreed to buy nearly half of World Liberty Financial, a cryptocurrency startup linked to President Donald Trump, just days before...
Tag : Startup
Crypto Payments Startup Mesh Hits $1 Billion Unicorn Valuation
In brief Mesh raised $75 million in Series C funding led by Dragonfly Capital, achieving a $1 billion “unicorn” valuation. The crypto payments network’s unified...
A16z-backed crypto startup Entropy to shut down, refund investors
Entropy founder and CEO Tux Pacific says that, after four years and multiple pivots, the project was unable to find a scalable business model. Crypto...
a16z-Backed Crypto Custody Startup to Shut Down, Return Investor Funds
Entropy, a decentralized crypto custody startup backed by Andreessen Horowitz (a16z), is winding down and plans to return remaining capital to investors, according to founder...
Former Mayor Eric Adams Hijacked 'NYC Token' Concept, Startup Claims
In brief A Bronx-born entrepreneur said former NYC Mayor Eric Adams stole his idea for NYC Token. A pitch deck shared with Decrypt features similarities...
Barclays Invests in US Stablecoin Startup Ubyx
In brief One of the UK’s largest banks has invested in newly founded stablecoin settlement startup Ubyx. The firm aims to build infrastructure that would...