Business valuation is a crucial component of the corporate landscape, providing valuable insights into the financial health and potential growth of a company. Whether you are buying or selling a business, seeking investment, or planning for the future, understanding the intricacies of business valuation is essential. In this article, we …
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The first “seed” round in 2021 raised around $1 million, while the “growth” round carried out later concluded in June 2023 accounted for the remaining $6 million. According to a report by The Block, Bitfinity, an emerging blockchain project building a Bitcoin Layer 2 network, has secured a total of …
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Finoa’s funding round, initially targeting $5-6 million from existing investors, surpassed expectations amid external investor interest driven by the firm’s recent profitability. Finoa, a Germany-based crypto custodian and staking services provider catering primarily to institutional clients, has successfully raised $15 million in a strategic funding round. Maven 11 Capital and …
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WeWork has filed to begin bankruptcy proceedings to protect itself as it reorganizes debt in US and Canada only. Co-working space provider WeWork Inc (NYSE: WE) has filed for Chapter 11 bankruptcy in New Jersey federal court. The bankruptcy filing is expected to protect the company from action against landlords …
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A recently released report explores the future potential of blockchain technology, particularly focusing on the revival and growing influence of Solana (SOL) in the crypto market. Asset and mutual fund manager VanEck disclosed one key driver of Solana’s influence is its advancements in Smart Contract Platforms (SCPs), defined as systems …
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A Harvard Business School case study titled “Ripple: The Business of Crypto Case – An Analysis and Solution” that could be used in Ripple’s IPO valuation is presently sending waves across the cryptocurrency world and has caught the attention of the XRP community. Harvard’s Business School Case Study And Ripple …
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The potential deal might put the company’s value anywhere from $5 billion to $6 billion, Character.AI, an artificial intelligence startup founded by former Google employees, is in the early stages of discussions to secure substantial funding, possibly exceeding $5 billion in valuation, Bloomberg reported on Thursday, citing people familiar with …
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Officially, the valuation as of the end of May is correct and Celsius will pay creditors $2 billion in Bitcoin and Ether tokens. A mathematician working for Celsius Network’s valuation advisor Stout Risius Ross LLC has confirmed that the fair value of some debtors’ assets and liabilities as of May …
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Elon Musk is threatening to sue the Anti-Defamation League to clear the name of X, the social media platform formerly known as Twitter. The billionaire had previously blamed the organization for losing advertising revenue. “To clear our platform’s name on the matter of anti-Semitism, it looks like we have no …
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[Press Release – Singapore, August 3rd, 2023] Singapore, 1 August, 2023 Cryptocurrency exchange WEEX announces that it set to raise funds in a new funding round with a valuation of $100 million, and Korean digital marketing giant FSN plans to lead the investment. The raised capital will primarily be utilized …
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The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI. British chip designer Arm Ltd, a subsidiary of the SoftBank Group Corp, is preparing to conduct an initial public offering (IPO) in the coming months. …
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Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The …
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