Republic may build a secondary exchange for digital securities, fueled by $150 million in new funding
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Republic may build a secondary exchange for digital securities, fueled by $150 million in new funding
Capital is flowing into crypto. Over $20B in crypto funds have been raised since the start of 2021 per Dove Metrics. Dry powder is abundant, but liquidity is asymmetrically distributed. Most capital is focused on early-stage, private projects. That’s not sustainable. While retail investors have been able to consume the float of historical crypto... See more
Evan Fisher • A fundamentals driven crypto investment firm
Braintrust’s market cap is $315 million, its fully diluted market cap is $896 million, and in December, it announced a fresh $100 million token sale to Coatue, Tiger, and existing investors to fund grants to grow the ecosystem.
Packy McCormick • Braintrust: Fighting Capitalism with Capitalism
Divvy - $180M raised with a16z/Caffeinated/Max Levchin.