Funding Round
7 articles tagged "Funding Round".
Citadel Securities Pours $400M into Crypto.com as Institutional Crypto Push Accelerates
Citadel Securities invested $400 million in Crypto.com at a $20 billion valuation, marking the exchange's first institutional funding round. The capital will fund expansion into tokenized securities and derivatives as traditional finance firms increasingly embrace digital assets.
Gordon Moody Secures NHS Funding as UK Gambling Support Sector Navigates Transition
Gordon Moody has secured NHS England funding to continue providing gambling harm treatment in England, easing immediate financial pressure but highlighting ongoing structural challenges in the UK's transition to a new funding framework for support services.
Gordon Moody Secures NHS England Funding to Support Gambling Harm Services
Gordon Moody has signed a funding deal with NHS England to secure continued support for its gambling harm treatment services, though financial terms remain undisclosed. The charity also recently restructured its operations and intends to collaborate with NHS England and other partners to broaden access to care.
Pascal raises $9M Series A to target institutional prediction market traders
Prediction market startup Pascal has closed a $9 million Series A led by Union Square Ventures, building on a $6 million seed round. The company targets institutional traders with perpetual futures-style event contracts and faces a regulatory landscape under increasing scrutiny.
Tipico and Sporthilfe Select 62 Elite Athletes for Tailored Champion Fund
Tipico and Sporthilfe have selected 62 athletes from over 30 sports for the new Tipico Champion Fund, which tailors financial support to individual performance needs rather than fixed grants.
XOVR ETF Adds $30M Kalshi Stake, Mirroring Pre-IPO SpaceX Bet
ERShares' XOVR ETF has invested $30 million in prediction market operator Kalshi, making it the second ETF to hold the privately held, CFTC-regulated company, following a strategy similar to its pre-IPO SpaceX bet that drove strong second-quarter returns.
DraftKings Initiates DKeX Prediction Market Exchange, Facing Scrutiny Over Investment Returns
DraftKings has launched DKeX, a new prediction market exchange, aiming to generate trading fees and strengthen its market-making capabilities. While CEO Jason Robins is highly optimistic about its potential for growth and integration, analysts question if these revenues will offset the substantial initial investment and projected losses, which could reach hundreds of millions in 2026.