The Empire Strikes Back: Tether’s (USDT) Massive Capital Raise
Tether Holdings SA, the stablecoin issuer of USDT, the world’s largest by market cap, is in the news for initiating a whopping $15-$20 billion private
September 28, 2025
Tether, SoftBank Group, and Jack Mallers Launch Twenty One, a Bitcoin-native Company, Through a Business Combination With Cantor Equity Partners
Twenty-One Capital, backed by Tether and SoftBank and led by Jack Mallers, is set to launch through a $3.6 billion SPAC merger with Cantor Equity
April 27, 2025
Fintech Set to Ride Out Tiger Global and SoftBank Mauling
SoftBank and Tiger Global, known for their open cheque books and gung-ho approach to fintech investing, have both lost billions of dollars as fintech startup
August 15, 2022
SoftBank Warns its Fintech Investments Will Be “more selective” Amid US $18 Billion Quarterly Loss
SoftBank, the massive Japanese multinational conglomerate holding company, warned that it is going to be much “more selective” when investing in the fintech industry. Past
August 8, 2022
DeFi Firm BloXroute Raises $70M Series B Led By SoftBank
BloXroute, a crypto platform that offers Defi trading tools, has raised $70 million in a Series B funding round led by SoftBank Vision Fund. BloXroute
April 22, 2022
Microsoft Dives into Web3 with Investment Start-Up ConsenSys
ConsenSys, a blockchain startup, recently raised $450M in funding led by ParaFi Capital, with additional participation from Microsoft, SoftBank, and Temasek. The funding doubles the
March 21, 2022
ElasticRun Turns Unicorn After $330M Funding from SoftBank, Prosus, Goldman Sachs
ElasticRun, a B2B eCommerce platform, recently closed a $330M funding round led by SoftBank Vision 2 and Goldman Sachs Asset Management. Additional investors in the
February 21, 2022
NVIDIA and SoftBank Terminate NVIDIA’s Acquisition of Arm Limited
NVIDIA and SoftBank recently terminated a previously announced definitive agreement whereby NVIDIA would acquire Arm from SBG. The agreement was terminated largely due to regulatory
February 14, 2022
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
DriveWealth, a start-up helping fintech firms offer stocks, is looking to expand into crypto trading after being valued at $2.85B. The company will be launching
February 14, 2022