Delaying an initial public offering, 10-year-old fintech company Marqeta has raised another $150 million in venture capital funding from an undisclosed investor. The round more than doubles its valuation to $4.3 billion. Marqeta is backed by Coatue Management, Vitruvian Partners, Visa, Goldman Sachs, 83North, Granite Ventures and ICONIQ Capital. The Oakland-based business helps companies like...
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Crypto Global crypto
Breaking Down the SEC’s Double Whammy
The Securities and Exchange Commission started the week off with a one-two punch, filing lawsuits against Binance on Monday and Coinbase on Tuesday. The sweeping lawsuits shared some key charges, including that each company operates an unregistered securities exchange, but the Binance lawsuit contained other damning allegations, including that Binance and its CEO Changpeng Zhao...
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