Crypto lending firm Matrixport is looking to raise $100 million at a $1.5 billion valuation. The Singapore-based firm led by Jihan Wu already has commitments for $50 million from lead investors at the sky-high valuation, but is still looking for investors for the rest. The firm has $5 billion in trading volume every month, along with $10 billion in assets under management and custody.
Grayscale’s GBTC Sees Inflow for First Time Since Bitcoin ETF’s January Debut
While the Friday inflow ends the streak of net GBTC withdrawals, BlackRock's iShares Bitcoin Trust (IBIT) is challenging the fund...