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The definition of a cryptocurrency is a digital asset containing cryptographic protocols that make transactions secure and immutable. Cryptocurrencies are built on top of distributed ledger technology, blockchain — which allows it to be decentralized and immune to government control and interference. Transactions involving cryptocurrencies involve public and private keys, enabling minimal processing fees, allowing users to be able to make transfers without traditional third-party institutions.

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Fintech Firm Cross River Raises $620M Funding, Led by Eldridge & a16z

CRB Group, Inc., the parent company of fintech company Cross River Bank, announced a $620 million investment led by Eldridge and Andreessen Horowitz.

by Annie Li
Mar 31, 2022

CRYPTOCURRENCY

Fintech Firm Cross River Raises $620M Funding, Led by Eldridge & a16z

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