Tokenized asset specialist Ondo Finance is evaluating a potential acquisition of between $250 million and $500 million, according to a person with knowledge of the matter. The New York-based company is considering wealthtech targets, among other subsectors, said the person, who spoke on condition of anonymity because the matter is private. Ondo has not yet […]
Ripple has raised $500 million in a new strategic investment round led by Fortress Investment Group and Citadel Securities, valuing the crypto firm at $40 billion. Other participants included Pantera Capital, Galaxy Digital, Brevan Howard and Marshall Wace. “This investment reflects both Ripple’s incredible momentum, and further validation of the market opportunity we’re aggressively pursuing […]