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Crypto Market Update, episode 11 with Mark Magliocco from X528 (CBP 413, 16 November 2023)
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This is the 11th episode of the Crypto Market update with Mark Magliocco, co-founder of X528 DAO and Allen Wazny, host of the Calgary Business Podcast and Partner/CFO of Purpose Driven Travel in Calgary.
All discussions in this episode are for informational purposes only and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services
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Crypto news articles discussed during this update:
Dairy Queen, Weirdo Ghost Gang and NFTs in China | Link to Decrypt article: https://t.ly/xqVTc
BlackRock files for spot Ethereum ETF | Link to The Block article: https://t.ly/UhXCy
South Korean Pension Fund Buys $20M Worth of Coinbase Stock | Link to Unchained Crypto article: https://t.ly/jkQkZ
Why Cathie Wood is “Bullish on Solana” | Decrypt article: https://t.ly/yz-6R
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Crypto-related funding announcements
There were three companies highlighted in this episode: Blockchain.com, Sock and Due based upon the following funding announcements:
Due, a London, UK-based provider of a stablecoin and blockchain technology payment platform, raised $3.3M in Seed funding led by Semantic and Fabric Ventures, with participation from BlockTower, Speedinvest, Polymorphic Capital and Discovery Ventures [FinSMEs, 7 November 2023]
Sock, a San Francisco, CA-based provider of a self-custodial crypto investment app, raised $2.8M in Seed funding led by Haven Ventures, with participation from Designer Fund, Expansion, Spacecadet Ventures, Sunflower Fund and Olive Capital [FinSMEs, 8 November 2023]
Blockchain.com, a 12-year-old London company that operates as both a crypto exchange and a wallet provider, raised a $110 million Series E round led by Kingsway Capital, with additional participation from Baillie Gifford, Lakestar, LSVP, GV, Access Industries, Moore Capital, Prudence, Freeman Capital, Coinbase Ventures, and Pledge Ventures [StrictlyVC, 16 November 2023]
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Yahoo Finance and Bitcoin trading charts. Finally, Mark shared his knowledge and understanding of reading the technical charts around | https://finance.yahoo.com/chart/BTC-USD
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We invite listeners to join the X528 Discord channel: https://discord.gg/fhsekcgJVT
Visit the X528 website to learn more: https://www.x528.io/
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#web3 #Web3.0 #Metaverse #Innovation #Technology #Marketplace #Community #DAO #DecentralizedAssets | #DecentralizedFinance #Decentralized #Autonomous #Organizations #DigitalAssets #CryptoAssets #Blockchain #TokenEconomy #DigitalBusiness #Bitcoin #Ethereum #AltCoins
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