Chainalysis expands Series B round, raising US$13M
Chainalysis recently raised an additional US$13M to expand its Series B round to US$49M, with an investment from Ribbit Capital and Sound Ventures.
FalconX closes US$17M funding round
FalconX is a digital asset trading platform using data science to facilitate fast execution and eliminate slippage and hidden fees. The platform is used by over 100 institutions around the world and has completed over US$7B in trading volume over the past ten months.
Coinbase becomes first Bitcoin Unicorn
Leading bitcoin brokerage Coinbase recently raised US$100 million in a Series D funding round, which values the company at US$1.6 Billion. The round was led by IVP, with participation from Spark Capital, Greylock Partners, Battery Ventures, Section 32 and Draper Associates. Founded in 2012, Coinbase is one of the world's largest digital currency companies. The company is best known for its hybrid Wallet and Exchange service, but has been focusing on becoming a retail and institutional exchange. According to the company, 9.2 million customers have 30.4 million wallets on the platform so far.
The State of Montana funds company working on a ‘bitcoin processing center.’
In the first-ever reported case of a US State funding what looks to be a Bitcoin mining operation, Montana’s Governor recently announced that $416,000 was awarded to a “data center that provides blockchain security services for the bitcoin network.”
Procivis sets out to replace government services with blockchain alternatives
Swiss blockchain startup Procivis recently announced their existence and a proof of concept software program. Describing it as an “e-government as a service platform,” the Procivis platform is designed to “enable the digitization of societies and the provision of online public services across the globe.”
Bitcoin wallet raises $5 million to increase Southeast Asian financial inclusion
Philippines-based mobile Bitcoin wallet, Coins, recently announced US$5 million in a new funding, specifically aimed at expanding basic financial services to the unbanked population throughout Southeast Asia.
Kraken’s business booms, as Money Partners Group joins SBI Investment in ‘multi-million dollar’ investment
Launched in September 2013, Kraken is the world's largest global bitcoin exchange in euro volume and liquidity. The San Francisco-based company has seen extraordinary growth lately, expanding its business in Europe, North America, and Asia. The company acquired prominent bitcoin exchanges Cavirtex and Coinsetter in January, enabling the expansion into Canada, 37 American states, and Washington DC.
Blockchain Tech Startup Chain Inc Hits the Wall Street Motherload
2014 blockchain startup Chain has received another $30m in funding, and now has investors from some of the largest banks and financial institutions on Wall Street.
Spells of Genesis Raises Over 240 Bitcoin in 2 Hours
The [BitCrystals](http://bitcrystals.com/) Token Sale has been off to a great start with contributors to the project pledging an outstanding 240 BTC within the first two hours. The support shown by [Spells of Genesis](http://www.spellsofgenesis.com/) fans is comparable to very few previous fundraises in the space.
Bitcoin Industry Investments Already Surpassing 2014 Total
Investment in the Financial Technology (FinTech) sector has been heating up recently, and Bitcoin-related companies have been leading the charge.
Peer-To-Peer Bitcoin Lending Platform BitBond Raises €600,000
Germany-based bitcoin lending platform, BitBond, has raised €600,000 in an angel funding round, bringing the company's total funding to €800,000. The funds will allow the company to continue pursuing the mission to provide accessible loans to small and medium-sized enterprises.
Bitcoin Box Considers Lighthouse Funding
Creator of the prototype digital currency Point Of Sale terminal, Jan Vornberger, is contemplating crowd funding through Lighthouse, or a partnership with Bitpay.
