Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.
Softbank News
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In a court filing in Singapore, 3AC’s liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.
6294After raising over $250 million from firms such as SoftBank last year, Brazil’s 2TM Group is expanding into Europe.
4629New ecosystem partners, attractive creator incentives and the successful completion of a $93-million funding round are a few reasons why SAND has rallied 393% in the past two weeks.
32796Digital Currency Group CEO and founder Barry Silbert didn’t sell any stock in the latest round.
7751The blockchain analytics firm have amassed data points on 98% of the market's digital assets.
6556In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion.
2881Now valued at $33 billion, Revolut didn’t rule out a potential IPO this year, but the firm's CFO suggested that it was unlikely.
3749Sorare is reportedly closing in a half a billion dollar funding round with a valuation of at least $3.8 billion.
5886SoftBank’s Masayoshi Son compares the popularity of Bitcoin to diamonds and bonds, but he still remains unsure about it.
5215Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association.
8902Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.”
15581Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history.
15012SoftBank is expected to lose $12.5 billion driven by its investment in WeWork.
12326Masayoshi Son reportedly lost over $130 million with his bitcoin investment, according to the Wall Street Journal.
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