Crypto platform Kraken is raising capital at $20 billion valuation ahead of its planned IPO

Payward, the parent company of cryptocurrency platform Kraken, is raising new funding at a valuation of $20 billion, according to two people familiar with the matter. Kraken declined to comment on the raise. The latest round of funding comes as the company ramps up spending on acquisitions. It recently acquired stablecoin-focused payments company Reap for…

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Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

Circle’s (CRCL) upcoming launch of the Arc blockchain and its $222 million token presale to cryptocurrency investors raises a broader question: Should Circle be viewed primarily as a stablecoin issuer, or as an infrastructure company building a trajectory for digital finance? In addition to this week’s quarterly earnings, the company also announced a major funding…

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Americans from hantavirus-hit ship arrive in U.S., including 1 who tested positive

Americans enter quarantine after returning from hantavirus cruise ship 02:46 Seventeen Americans and a dual British-American citizen evacuated from a cruise ship hit by a deadly hantavirus outbreak arrived in the United States early Monday. The U.S. Department of Health and Human Services said late Sunday that one American on the repatriation flight “tested mildly…

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Strategy’s Michael Saylor says selling bitcoin to fund dividends is ‘inconsequential’

When Strategy (MSTR), the largest public company holding Bitcoin, first floated the idea of ​​selling its Bitcoin reserves to fund its dividend obligations during a recent earnings call, it caused concern among investors and the crypto community. However, executive chairman Michael Saylor sat down with CoinDesk senior analyst James Van Straten at the Consensus conference…

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