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Art Cryptocurrency North America

Async Art Raises Over $2M in Seed Funding

– Async Art is a San Francisco, CA-based art platform.
– The company raised $2m in seed funding.
– The round was led by Lemniscap with participation from Galaxy Interactive, Signum Growth Capital, Semantic, Blue Wire Capital, Collab+Currency, Inflection, Divergence Ventures, the LAO, and Placeholder.
– The company intends to use the funds to onboard more users to the platform, develop more ways to display the Async artworks, and expand with job openings for platform developer and community manager.

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Banking Computer Cryptocurrency Oceania Software

Synthetix Raises $12M in Funding

– Synthetix is a decentralized trading platform.
– Company raised $12m in funding.
– The round was led by Coinbase Ventures, Paradigm and IOSG.
– The new investment will be used to expand the company’s business reach and recruit talent.

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Bitcoin Blockchain Cryptocurrency Financial Services FinTech North America Trading Platform

Mogo Announces Strategic Investment in Coinsquare, Canada’s Leading Digital Asset Trading Platform

Mogo announced its investment in Coinsquare.
– The investment is part of a strategic partnership with Coinsquare, Canada’s leading digital asset trading platform.
Mogo will acquire 19.99% ownership of Coinsquare for total consideration of approximately $56.4 million.
Mogo will also have the right to acquire an additional 20% ownership interest in Coinsquare through purchases of shares from current shareholders and the exercise of warrants under certain conditions.
– The strategic investment builds on a multi-year relationship between the two companies.
– Coinsquare acts as the trading platform for MogoCrypto, a service Mogo launched in 2018 to allow its members an easy and convenient way to buy and sell bitcoin.

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Cryptocurrency Information Technology North America

Compute North Announces $25M in Growth Capital Funding

– Compute North announced $25m in growth capital funding.
– The funding comes in the form of a senior secured loan from Post Road Group.
– The company simultaneously closed a strategic equity round including industry leaders, family offices, and strategic partners.
– With a focus on building and operating facilities that are designed to scale quickly and operate extremely cost-efficiently, the company allows customers to scale their operations in a fraction of the time.
– The company is seeing a strong growth in customer demand.
– Delivering purpose-built blockchain infrastructure combined with managed services the company is able to remove the day-to-day complexities of optimizing mining operations, paving the way for next generation applications and use cases.

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Cryptocurrency Financial Exchanges Financial Services FinTech North America Trading Platform

Robinhood Raises $3.4 Billion in Funding

– Robinhood is a Menlo Park, California-based provider of an online trading app.
– The company raised $3.4bn in funding.
– The round was led by Ribbit Capital with participation from existing investors including ICONIQ Capital, Andreessen Horowitz, Sequoia, Index Ventures, and NEA.
– The new investment will be used to continue to invest in customer growth and build and enhance products that give more people access to the financial system.

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