FinTech Update: August 2019

Nebulous Closes $3.5M pre-Series A Led by Bain Capital Nebulous, the tech startup behind the data-decentralization blockchain Sia Network announced that it raised $3.5 million in July featuring investments from Bain Capital, Bessemer Venture Partners, and Dragonfly Capital Partners. Nebulous has now raised $6.3 million since its launch five years ago. Sia Network was the…

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FinTech Update: March 2019

Signature Bank and JP Morgan Launch the First US Bank-Backed Crypto Tokens When JP Morgan announced its rollout of the “JPM Coin”, the dollar-backed token was hailed as the first of its kind. However, it seems that Signature Bank was the first US Bank to back a crypto token with its January 2019 launch of…

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