Robinhood is known for its association with “meme stocks.” Now the stock trading app could become one. On Wednesday, Robinhood priced its initial public offering at $38 a share, the company said, valuing it at $31.7 billion. It raised $1.89 billion from the offering, setting the stage for the company…

Uniswap creator Hayden Adams and two Paradigm developers, Dave White and Dan Robinson, are building a market making system for executing large trades on Ethereum. Uniswap is Ethereum’s biggest decentralized exchange (DEX) while Paradigm is a crypto asset investing firm, which recently participated in FTX’s $900 million round. According to…

PayPal will reportedly take another step in its cryptocurrency endeavors and roll out a “super app wallet” for its American users. The company will launch the upgraded version in the upcoming months. The Chief Executive Officer of the company — Dan Schulman — revealed during PayPal’s Q2 2021 Earnings Call…

Vauld, the global platform for building wealth with crypto, today announced it received an investment of $25 million USD in Series A funding, led by Valar Ventures. Pantera Capital, Coinbase Ventures, CMT Digital, Gumi Cryptos, Robert Leshner, Cadenza Capital, and others also participated in the round. The funding will be…

Fireblocks has raised $310 million, securing the cryptocurrency custody platform’s unicorn status with a $2 billion valuation. Announced Tuesday, the Fireblocks Series D round was co-led by heavy hitter tech VCs Sequoia Capital, Stripes, Spark Capital, Coatue and DRW. Also a co-leader on the round was SCB 10X, the venture…

Shopify’s president said Monday that the e-commerce company is directly supporting the sale of non-fungible tokens (NFTs) for its merchants, though the offering’s scope appears limited at this time. In a pair of tweets, company president Harley Finkelstein said “we are making it easier for our merchants to sell…

Goldman Sachs has filed an application with the United States Securities & Exchange Commission (SEC) for a new decentralized finance (DeFi) and blockchain-based exchange-traded fund (ETF). — Goldman Sachs DeFi fund to track Solactive Index The Wall Street giant is planning to create an ETF that would be tied to the performance of firms working on developing blockchain technology…

Facebook is all in on the Metaverse: The social media giant is reorganizing to build out a new Metaverse product group that will be headed by Vishal Shah, Instagram’s current VP of product. Other key executives of the group include Facebook Gaming VP Vivek Sharma, who will be leading the…

The 7-week private pilot program is the first major step taken towards the public release of Block.one’s Bullish exchange expected later this year. In a Block.one blog post from 27 July, the Bullish exchange announced the launch of a 7-week private pilot program, which will offer a select group…