Search results for CMT Digital
Crypto
Tazapay raises $36 million in Series B extension led by Circle Ventures
Payment infrastructure firm Tazapay has completed a $36 million Series B extension round led by Circle Ventures, The Block reported on Wednesday. Coinbase Ventures and CMT Digital joined as new investors, while existing backers Peak XV Partners, GMO VenturePartners and January Capital also participated. Tazapay plans to use the funds to expand licences in the UAE, the EU and Hong Kong and accelerate market entry across several regions, while stepping up development of AI-based payment infrastructure.
Crypto
STS Digital raises $30 million, targets institutional crypto options platform
Bermuda-based startup STS Digital has raised $30 million as it provides cryptocurrency options trading services for institutional investors during a market downturn. Fortune reported the round was led by venture investor CMT Digital, with participation from crypto exchange Kraken, venture firm Arrington Capital and Fidelity’s investment arm. STS Digital handles more than 400 crypto options contracts and also acts as a market maker to provide liquidity.
Crypto
SME lending fintech Newity raises $11 million to move loans on-chain
U.S. small-business lending fintech Newity raised $11 million in a strategic investment, The Block reported on Feb. 20 local time. The round was led by CMT Digital, the trading and investment arm of CMT Group, with participation from multiple private and institutional investors. Newity, founded in 2020 to support the U.S. Small Business Administration’s Paycheck Protection Program loans, now focuses on government-backed and growth-secured loans. It plans to develop an on-chain loan transition strategy.