Invests

SoftBank invests $200 million in Brazilian crypto exchange Mercado Bitcoin

SoftBank invests $200 million in Brazilian crypto exchange Mercado Bitcoin

The SoftBank Latin America Fund has invested $200 million in the parent company of Mercado Bitcoin, one of the largest cryptocurrency exchanges in the region. The fundraise values Mercado Bitcoin’s parent company 2TM Group at $2.1 billion, placing it among Latin America’s unicorns – privately held startups with valuations north of $1 billion. The Series …

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Morgan Creek Invests in Startup Bringing Bitcoin to DeFi

Morgan Creek Invests in Startup Bringing Bitcoin to DeFi

Bitcoin advocate Anthony “Pomp” Pompliano is betting the top cryptocurrency might have more of a role to play in the emerging decentralized finance (DeFi) space. Pompliano’s Morgan Creek Digital was one of the investors in a $2.6 million seed round for Atomic Loans, a Canadian startup looking to create bitcoin-backed lending instruments. Announced Wednesday, the …

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