The hybrid cash and crypto company is the second startup to spin out of Serotonin. Franklin, which provides tax-compliant hybrid crypto and cash payroll services to startups and businesses, has raised a $2.9 million seed funding round led by venture capital firms gumi Cryptos Capital (gCC) and CMT Digital. Other investors include Arca, Sfermion, Portage,...
Startup
Ex-FTX.US Head Raises USD 5M for Crypto Trading Infra Startup Architect
Brett Harrison, former president of FTX.US, has raised USD 5 million for Architect, a new crypto startup that will build trading software targeted at large investors and institutions, according to a Bloomberg report. It has been almost four months since Brett Harrison stepped down as president of FTX.US, the US arm of the now bankrupt...
Nillion Raises $20 Million From Investors
Nillion startup developers have successfully closed a $20-million funding round. The co-founders are busy building the Web3 platform, which will be based on a decentralized network without blockchain. The round was led by venture capital funds, Distributed Global, as well as AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto and SALT Fund. More...