January 27, 2022

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All Articles

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By Joseph Hall,

Bitcoin startup Shakepay raised $44 million Canadian dollars ($35 million) in a Series A funding round, valuing the company at $251 million.

It’s another shake-up for the finance industry as Montreal-based Bitcoin (BTC) startup Shakepay raised $35 million from investors. The fresh funding from the United States-based venture capital firm QED Investors values the company at $251 million.

Founded in 2015, Shakepay allows Canadians to buy and sell BTC and pay their friends. It also supports the purchase of Ether (ETH).

The startup aims to use the funds to consolidate growth, focus on bringing on additional products to market such as the recently launched Shakepay Visa Prepaid Card, and expand the team.

...

Bitcoin miner Rhodium set for IPO, valued at $1.7 billion

By Joseph Hall,

The initial public offering (IPO) for Texas-based Bitcoin miner Rhodium Enterprises is another feather in the cap for the Bitcoin-friendly southern State.

The first initial...

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By Chris Metinko,

San Francisco-based BigPanda, which helps IT departments keep their digital services running, hit a valuation of $1.2 billion after a $190 million raise that mints the...

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