Canada-based CoLab, which makes collaboration software for manufacturers, raised a $72M Series C led by Intrepid Growth Partners
Lucinda Shen / Axios :
Sources: Consensys, maker of crypto wallet MetaMask, plans to go public, with JPMorgan and Goldman Sachs leading its IPO; Consensys was valued at $7B in 2022
Lucinda Shen / Axios :
Founders Fund-backed Ondo Finance and Pantera Capital launch a $250M fund to invest in real-world asset tokenization projects via equity stakes and tokens
Lucinda Shen / Axios :
Kalshi raised $185M led by Paradigm at a $2B valuation; sources: Polymarket is completing a $200M+ investment led by Founders Fund at a ~$1B pre-money valuation
Prediction-Market Unicorn Hits $2 Billion Valuation Bogdan Patru / Bitcoin Insider : Prediction Market Kalshi Achieves Unicorn Status with $185 Raised at its $2B Evaluation, as BTC Bull Token Predicts...
RevenueCat, which offers tools for devs to add subscriptions to their apps, raised a $50M Series C led by Bain Capital Ventures, valuing the company at $500M
The news just broke on Reuters, was featured in TechCrunch … Lucinda Shen / Axios : First Look: Axios Pro Premium PYMNTS.com : RevenueCat Raises $50 Million to Expand Platform for Monetizing Consumer ...
eToro files for an IPO, seeking to list as ETOR on the Nasdaq, and reports $12.6B in 2024 revenue, ~96% of which was from cryptoassets, and a $192M net income
Presentation of Financial Information — Our audited consolidated financial statements … Emily Jarvie / Proactive : eToro targets $4.5B valuation in Nasdaq IPO Nicholas Kitonyi / NFTgators : Etoro Va...
Renaissance Capital: 12 of 40 fintech firms that went public in the US since 2020 have given positive investor returns; only Shift4 and AppLovin are profitable
Lucinda Shen / Axios :
The OpenAI-led Stargate announcement only mentioned Microsoft as a tech partner, but Microsoft is poised to benefit from the JV by offloading AI computing costs
Despite OpenAI Backing Ryan Browne / CNBC : From Musk to Nadella: Trump's $500 billion AI project stirs drama among the biggest names in tech Eleanor Pringle / Fortune : Satya Nadella says he's ‘good ...
Tether says it is on track for a record $10B net profit in 2024 and expects to invest $2.5B to $3B in 2025 across AI, finance, biotech, education, and mining
Lucinda Shen / Axios :
Changpeng Zhao may be banned for life from managing or operating Binance, but as a majority shareholder he will still be able to exert significant influence
Lucinda Shen / Axios :