The “Cha-Ching” Chime

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We’ve crossed the $1B mark once again this week as Chime rings the register with a monster $750MM raise, scoring a $25B valuation. Chime is a financial technology company, not a bank, that is changing the way people think about banking. Bitpanda was right behind them pulling in $263MM, helping people invest in what they believe in — stocks, Crypto, and metals. Check out the rest! 

Low Tier ($8.7MM)

FTX Founder Sam Bankman-Fried supported Bitcoin development with a $450,000 donation

429 ETH worth $1.3MM raised by Fortune Magazine and they plan to Hodl their share

Parami, Ad Network on Polkadot’s Substrate, secured $3MM in funding

Former Goldman Sachs employees launch DeFi protocol Ondo with $4MM in seed funding 

Mid Tier ($200MM)

Nine Chronicles raised nearly $10MM in one of Miso’s most successful IDOs ever

Blockchain security firm CertiK raised another $24MM one month after its Series B

Galaxy Digital backed $50MM funding round for crypto staking outfit Figment

Former professional poker player, Sean Lippel, helms new $50MM DeFi fund backed by Billionaire Alan Howard

Crypto payments project MobileCoin raised $66MM in Series B funding

High Tier ($1.2B)

Accolade Partners launched $175MM fund to support a second Crypto venture

Austrian crypto unicorn Bitpanda raised another $263MM

Fintech firm Chime raised $750MM, scored $25 billion valuation

As you can see – money is changing very fast and soon those little pieces of metal and paper will be 1s and 0s on a mobile device and the whole idea of paying might just become a passing thought.

Paul McNeal
Paul McNeal

Paul McNeal aka “The Crypto Curator” is a Speaker, Brand Evangelist, and Technologist. He spent the earlier part of his career serving in the United States Navy Submarine Force working in communications. He co-founded a content curation startup that grew rapidly and was recently acquired. He was an early adopter of Bitcoin, becoming aware of it in 2011, and has since continued to monitor the developments of Blockchain Technology daily. Paul’s curation is hand-selected daily, and is featured in our newsletter and website every Friday!

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