News with the tag "sequoia"

Phantom said the $150 million funding round accelerates Phantom’s mission to become the world’s biggest consumer finance platform.

Sequoia Capital is poised to secure a big return on its investment in Bridge, thanks to Stripe’s recent $1.1 billion acquisition deal. The post Sequoia Capital and Other VC Giants Set for Big Payout in Stripe’s $1.1B Bridge Acquisition appeared first on TheCoinrise.com .

Sequoia Capital Set to Gain Over $100M from Stripe’s Acquisition of Stablecoin Platform Bridge In a significant development within the stablecoin and venture capital landscapes, Sequoia Capital, a renowned venture capital firm, is set to earn over $100 million from Stripe’s recent $1.1 billion acqui...

Sequoia Capital owns 16% of Bridge, which is set to be acquired by payments platform Stripe for $1.1 billion.

Two cryptocurrency platforms face allegations of fraud by Washington State’s Department of Financial Institutions. Both companies allegedly lured investors with promises of huge returns, but later blocked withdrawals and demanded extra fees. An investor lost $64,000 to one platform after being asked...

Bridge seeks to build a global stablecoin payment network to rival traditional systems like Swift and credit cards.

The company from ex-Coinbase employees aims to help developers build better blockchain wallets.

Privy, the Web3 data privacy solution, is reported to have completed a series A financing round that was led by Paradigm and participated in by Sequoia Capital and other well-known names who acted as earlier investors.

In a stunning turn of events, OpenAI investors, fueled by major players like Microsoft and prominent venture capital firms, are spearheading a bold initiative to dismantle the company’s existing board and reinstate co-founder Sam Altman as the chief executive. This move comes in the wake of Altman’s...

Hours after the conviction of Sam Bankman-Fried (SBF) in a fraud case, Sequoia Capital Partner Alfred Lin reacted to the pronounced verdict. Taking to X, (formerly Twitter), Alfred Lin said, that the unanimous verdict of SBF being guilty of fraud is something we already knew. He said, “SBF misled an...