
Avanti Financial Raises $37M in Series A Funding Round for Launching Institutional Crypto Bank
Avanti Financial Group seeks to become the second crypto company after Kraken Financial to acquire a full banking charter in the United States.
Avanti Financial Group seeks to become the second crypto company after Kraken Financial to acquire a full banking charter in the United States.
Xiaomi is reportedly planning to develop an electric vehicle. The Chinese smartphone company is said to be collaborating with Great Wall Motor Co Ltd for both its manufacturing plant and its engineering expertise.
According to the Federal Reserve, the restrictions on dividends and share repurchases will end for almost all the banks on the 30th of June.
During the last quarter of 2020, GameStop recorded earnings per share of $1.34 on the revenue of $2.12 billion.
Acquiring Tesla cars with BTC by residents of the United States may not be as fun-filled as it can be for Bitcoin holders that reside in other nations per the tax considerations.
The newly-raised funds bring Lolli’s total funding to $10.25 million. Before now, the company raised $5.25 million in two rounds.
DigitalOcean provides developers with cloud services that help to deploy and scale applications that run simultaneously on multiple computers.
The US Treasury Secretary Janet Yellen said that the banks are in a healthy condition and could pay dividends and repurchase stocks. The Biden administration is further mulling a $3 trillion stimulus for economic recovery.
To achieve the targeted $100 billion valuation, DiDi should secure $10 billion from selling 10% of its shares.
Blockchain.com funding was led by DST Global, Lightspeed Venture Partners and VY Capital.
The announcement fueled a short rally in BTC price despite its losing strength against the USD. Accepting Bitcoin payment is a major step in getting it into the mainstream financial ecosystem.
A law firm slammed BitClout with a Cease-and-Desist letter for using Brandon Curtis’s identity without consent.
Following the public listing moves, Bilibili will commence trading in Hong Kong on March 29 under the code “9626.”
Coinbase is set to go public through a direct listing, which in turn will give Armstrong and other shareholders the right to sell their shares to the public market immediately after the company is listed.
Robinhood is said to be actively preparing for going public but the company has not yet determined the number of shares to be offered during the IPO.