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SoftBank Vision Fund to Cut 30% of Global Workforce
cryptocurrency

SoftBank Vision Fund to Cut 30% of Global Workforce

According to Bloomberg reports, the investment department of the Vision Fund under the Japanese multinational company SoftBank Group is preparing to lay off 30% of its global employees, a total of about 150 staff.

SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding
cryptocurrency

SoftBank-Backed Web3.0 Startup MarqVision Pulls $20M in Series A Funding

MarqVision, a startup known for its Artificial Intelligence (AI) powered platform,has announced it has raised the sum of $20 million in a Series A funding round

bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions
cryptocurrency

bloXroute Raises $70M in Series B Funding to Speed up DeFi transactions

As a critical infrastructure provider for quick decentralized finance (DeFi) trades on Ethereum, Polygon, and Binance Smart Chain, bloXroute has raised $70 million in Series B funding to boost its quest of reducing latency on blockchain networks.

SoftBank's Tech Division Z Holdings Eyes NFT Marketplace
cryptocurrency

SoftBank's Tech Division Z Holdings Eyes NFT Marketplace

Z Holdings, the internet arm of Japanese multinational conglomerate SoftBank Group, is reportedly planning to launch a NFT marketplace before the end of the year.

Asia's SoftBank and Temasek Join to Fund FTX US
cryptocurrency

Asia's SoftBank and Temasek Join to Fund FTX US

FTX US reached an $8 billion valuation after receiving $400 million from Asian investment giants SoftBank Group and Temasek Holdings in its first round of funding.

Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja
cryptocurrency

Brazilian Crypto Firm 2TM Acquires Controlling Stake Over Portuguese CriptoLoja

Softbank-backed Brazilian firm 2TM announced the company would acquire a controlling stake in Lisbon-based crypto exchange CriptoLoja.

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M
cryptocurrency

Soccer NFT Trading Platform Sorare to Complete the Largest Round of Financing in French Tech with $530M

Football start-up NFT platform Sorare reportedly will raise 450 million euros in the financing, led by SoftBank.

Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin
cryptocurrency

Japan’s SoftBank leads $200 million investment in Brazil’s Mercado Bitcoin

Japan SoftBank recently invested $200 million into the Mercado Bitcoin crypto exchange in Brazil, which is considered the largest raised through a Series B funding round in Latin America’s history.

SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC
cryptocurrency

SoftBank CEO Does Not Understand Bitcoin Despite $200 Million Investment in BTC

After investing about $200 million in Bitcoin, SoftBank's CEO, Masayoshi Son reveals he does not understand Bitcoin.

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