Former Meta Executives Raise $15 Million for AI Startup
Two former Meta artificial intelligence executives raised $15 million for Yutori, a startup that will develop AI personal assistants.
Investing - page 3
CME Group Pilots Asset Tokenization With Google Cloud
The new Universal Ledger developed by Google Cloud will help CME Group introduce innovative solutions for consistent and reliable wholesale payments and asset tokenization.
BlackRock Tokenized Money Market Fund Expands to Solana
BUIDL – a tokenized blockchain-based investment fund created by BlackRock – has expanded its functionality and interoperability, adding Solana to the list of supported blockchain networks.
RockFi Raises $19 Million
The fintech company RockFi, which is based in Paris and operates in the area of wealth management, announced that it raised new financing for $19 million.
Perplexity AI Reportedly Plans to Raise Up to $1 Billion
The media, citing an anonymous insider, published information according to which Perplexity AI, a startup building search engine powered by artificial intelligence, is currently in talks to double its valuation to $18 billion as part of a new funding round.
Crossmint Raises $23.6 Million
Crossmint raised $23.6 million to expand its solutions that help companies and developers build blockchain apps.
Understanding Tokenised Money Market Funds
Amid the growing interest in integrating traditional financial instruments with blockchain technology, there’s time to demystify tokenised money market funds and their role in finance.
Blackwall Raises $49 Million
The Estonian-based cybersecurity company Blackwall raised 45 million euros (about $49 million) in a funding round.
BlackRock’s Tokenised Fund Surpassed $1B in AUM
One of the most popular tokenised money market funds, BlackRock’s BUIDL has accumulated $1B in assets under management since its inception in 2024, marking a noteworthy milestone in the tokenization ecosystem growth.
Omni Raises $69 Million
Omni closed a Series B funding round worth $69 million this month.
Fortis to Expand Embedded Payments Offerings
Fortis will step up efforts to expand its embedded payments offerings after securing a joint investment from Audax Private Equity and existing investor Lovell Minnick Partners (LMP).
MGX Pledges to Invest $2 Billion in Binance
Emirati state-owned investment company MGX announced $2 billion in financial injections into Binance, which was the cryptocurrency exchange’s first institutional investment and the single largest investment in the virtual currency sector.
Worth Raises $25 Million
Automation-focused fintech platform Worth raised $25 million in new funding.
Fintech Zolve Raises $251 Million
Neobank Zolve on Tuesday, March 11, announced that it raised $251 million in the latest round of debt and equity financing.
AI Startup Anysphere Reportedly in Talks for Close to $10 Billion Valuation
The media, citing anonymous insiders, published the information, according to which the startup Anysphere Inc., which operates in the space of the artificial intelligence industry and is the developer of the popular AI-powered code editor Cursor, is currently negotiating to raise hundreds of millions of dollars from investors at a valuation close to $10 billion.
Microsoft Plans $297 Million AI Investment in South Africa
Microsoft will invest an additional 5.4 billion rand ($297 million) in South Africa by the end of 2027 to expand its cloud and artificial intelligence capacities in the country.
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