Blockchain.com, a London-based crypto exchange startup, is in talks for a new round of funding that could shrink the company’s valuation dramatically to somewhere between $3 billion and $4 billion, Bloomberg reported Wednesday. The startup, led by CEO Peter Smith, announced earlier this month that it raised a round at an undisclosed valuation led by Kingsway Capital. Prior to that, it raised...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service—announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including...
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