Cowboy Space Corporation, founded by Robinhood co-founder Baiju Bhatt, has raised $275 million in a Series B led by Index Ventures at a $2 billion valuation, with participation from Breakthrough Energy Ventures, Construct Capital, IVP, and ORIC. The company is building orbital data centres to meet surging AI compute demand — and developing its own rocket to […]
Anchorage's shift highlights a trend where federally regulated crypto firms prioritize neutrality, impacting stablecoin market dynamics.
The post Anchorage withdraws from Robinhood and Kraken-backed stablecoin group appeared first on Crypto Briefing.
Robinhood has filed a confidential registration for RVII, a second publicly traded venture fund that will expand beyond its first fund’s late-stage focus to include early-stage startups. The fundraising target has not yet been set, following RVI’s debut in March which raised several hundred million short of its $1 billion goal but has since more […]
The post Anchorage Steps Back From Robinhood and Kraken-Backed USDG Stablecoin Consortium appeared on BitcoinEthereumNews.com.
JUST News Anchorage Digital, the first federally chartered crypto bank in the United States, is dialing back its prominent role inside the Global Dollar (USDG) stablecoin consortium that counts Robinhood, Kraken, Galaxy Digital, OKX, Visa, Worldpay and Bullish among its members. Chief executive Nathan McCauley said the firm will adopt a posture of “increased neutrality” rather than actively promoting a single token. USDG, issued by Paxos Digital Singapore under Monetary Authority of Singapore supervision, carries a circulating supply of roughly $3 billion. Anchorage remains a consortium participant, but with as many as 20 banks and tech firms exploring white-label stablecoin issuance through its rails, the custodian is recalibrating incentives to avoid favoring any one issuer. Macro investor and former hedge fund manager Jordi Visser disclosed a fresh Ether pos
Cowboy Space's orbital data centers could revolutionize AI infrastructure, addressing energy demands and opening new markets in space technology.
The post Cowboy Space raises $275M to build orbital data centers powered by solar energy appeared first on Crypto Briefing.
Morgan Stanley has launched E*Trade crypto trading at 0.5%, undercutting Coinbase, Schwab, and Robinhood in a pilot set to reach 8.6 million users. Morgan Stanley has launched ETrade crypto trading at a flat 0.5% fee, below Coinbase and Schwab. The…
Parallel Web Systems, the AI agent research platform founded by former Twitter CEO Parag Agrawal, has raised a $100 million Series B at a $2 billion valuation, led by Sequoia. Existing backers including Kleiner Perkins, Index Ventures, Khosla Ventures, and First Round Capital also participated, bringing total capital raised to $230 million. The round arrives […]