Search Results for: Teachers

South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet

According to the announcement revealed by the Korea Economic Daily, the Korea Teacher’s Credit Union (KTCU), the second-largest institutional investor in South Korea, is planning to invest in Bitcoin as part of its balance sheet. The public pension fund would not purchase Bitcoin directly but get exposure to it via investment products like Bitcoin ETFs. … Continue reading South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet

Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable

Lendable.co.uk, a major AI-powered consumer finance platform based in London, announced on Thursday it raised £210 million in a funding round led by the Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform (TIP). That is not the first time Canada’s pension organization invested in startups. In October last year, the Ontario Teachers’ Pension … Continue reading Ontario Teachers’ Pension Plan Leads £210M Round in UK-Based Consumer Finance Platform Lendable

Ontario Teachers Pension Floats with FTX Trading amid Crypto Volatility

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How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

The Covid-19 pandemic has taken its toll on the world, causing almost half-a-million deaths, illnesses, and economic downturns. The World Bank argues that the deadly virus could push up to 60 million people into extreme poverty, wiping out the progress made in this area in the past three years. In a recent report, the financial … Continue reading How Crypto is Helping a Globally-Recognised NGO with Their Covid-19 Response

BookBlocks Plans to Launch NFT Series to Fund Afghanistan Women's Education Drives

BookBlocks, a Non-Fungible Token (NFT) startup, is set to empower Afghanistan’s girls and women as they face the harshest reality with the rise of the Taliban leadership for the first time in about three decades. With the Taliban in control, one of the worst nightmares is resurfacing with the possibility of undermining young girls continuous … Continue reading BookBlocks Plans to Launch NFT Series to Fund Afghanistan Women's Education Drives

FTX Completes $420M Series B-1 Funding Round at $25B Valuation

FTX Derivatives Exchange has completed a $420.69 million Series B-1 funding with participation from top investors. As announced by the firm, these investors include the Ontario Teachers’ Pension Plan Board, via its Teachers’ Innovation Platform, Temasek, Sequoia Capital, Sea Capital, IVP, ICONIQ Growth, Tiger Global, Ribbit Capital, Lightspeed Venture Partners, and funds and accounts managed … Continue reading FTX Completes $420M Series B-1 Funding Round at $25B Valuation

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. The Japanese technology investment giant and the Singapore state holding company were joined by Paradigm, Multicoin Capital, Tribe Capital, Ontario Teachers’ Pension Plan Board and others for the series … Continue reading Asia's SoftBank and Temasek Join to Fund FTX US

FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding

FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion.  Investors who participated in the funding round as announced by the trading platform include but are not limited to Temasek, Paradigm, Ontario Teachers’ Pension Plan Board, NEA, IVP, SoftBank Vision … Continue reading FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding

FTX Crypto Exchange Announces Major Expansion into European Market

FTX, a major cryptocurrency exchange, announced on Monday it is launching a new European affiliate- FTX Europe, as part of efforts to establish its business in the continent. The exchange made such an announcement after securing approval from Cyprus’ financial regulator CySec. Following the approval, FTX Europe will start serving users across Europe. FTX Europe … Continue reading FTX Crypto Exchange Announces Major Expansion into European Market

Goldman Sachs Lobbying FTX Exchange for an IPO Move

American investment banking giant Goldman Sachs is notably lobbying FTX Derivatives exchange if the crypto trading platform decides to go public through Initial Public Offering (IPO) shortly. According to a report by the Financial Times, Goldman Sachs’ Chief Executive Officer (CEO), David Solomon, met with FTX Founder Sam Bankman-Fried back in March as both discussed … Continue reading Goldman Sachs Lobbying FTX Exchange for an IPO Move

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