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Tag Archives: Morgan Creek

Zap Seeks to Build New BTC Payment Platform Through the Lightning Network

Documentation stemming from the Securities and Exchange Commission (SEC) suggests that Zap – a company that has partnered with credit card company Visa – has garnered more than $3 million to establish further bitcoin payment protocols.Zap Is Rolling in DoughThe funding round occurred in April of this year and was led by Green Oaks Capital and Morgan Creek. Zap is currently building a new platform atop the Lightning Network that could potentially make it much easier for users to pay for goods...

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Anthony Pompliano Joines Board of Figure Technologies as Firm Closes $103M Series C Round

A blockchain-powered financial services startup Figure Technologies founded by former SoFi CEO Mike Cagney, announced it has closed a $103 million Series C round. But, that is not all folks. It has also added Morgan Creek Digital’s Anthony “Pomp” Pompliano, one of the sector’s most vigorous supporters, to its board. That’s not a consequence because, according to the company’s announcement, the round was also led by Morgan Creek Digital, with participation from MUFG Innovation Partners and...

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Bitcoin Halving 2020 Won’t Have Strong Influence on Bitcoin Price, Says Jason Williams

Taking a contrarian view, Morgan Creek Digital co-founder and prominent personality in the crypto space Jason Williams has described the upcoming Bitcoin halving event as a non-event. He made this known in a tweet early this week. Unpopular Opinion –Bitcoin halving in May 2020 won’t do anything to the price. It will be a non-event.— Jason A. Williams ? (@JWilliamsFstmed) December 1, 2019While halving refers to the reduction by half of the Bitcoin rewards that are given to miners every four...

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Former SoFi CEO Mike Cagney’s Figure Technologies Raising Additional $100 Million

Mike Cagney, famous for being the founder and CEO (since 2017 ex-CEO) of SoFi fintech company, is reportedly aiming to raise funds money via another firm. Cagney co-founded a two-year-old San Francisco-based fintech firm known as Figure Technologies.By February 2019, Figure had already managed to raise $120 million in equity funding. The amount was brought to the project by a group of prominent investors including partners at DST Global, RPM Ventures, Morgan Creek, Ribbit Capital, Nimble...

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Coinbase Denies Acquisition of Premier Digital Assets Broker Tagomi for $150 Million

Update: Though it was informed by media that Coinbase which is one of the world’s largest cryptocurrency trading exchanges had acquired one of the most innovative digital assets brokerage firms Tagomi for the sum of $150 million, the exchange has denied this information.As Coinbase VP of communications Rachael Horwitz noted, all this news is “100% false.”Earlier sources indicated that a deal had already been in the works and it is only recently that both parties decided to finalize the...

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HODL Is the Best Cryptocurrency Investment Strategy, Says Anthony Pompliano

Now, anyone who is big on cryptocurrencies already knows that Anthony Pompliano is one of the biggest names in the crypto space and whatever he says is law. A such, he recently took to twitter to talk about HODL or keeping digital assets for a long period until such assets appreciate as the best investment strategy. The fact that he is the co-founder of Morgan Creek which is one of the premier Blockchain Venture capital partners in the world gives him credence as one of the “go-to” people...

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Elementus Garners Nearly $4 Million From Crypto-Friendly Fidelity

Elementus, which seeks to locate illicit transactions involving digital currency, has garnered nearly $4 million in funds from Fidelity Investments, a company that has become rather friendly with crypto over the past year. Elementus Is Getting the Money It NeedsThe funding round was led by Morgan Creek Digital and saw several other institutions pledging their dollars and cents towards the company including Avon Ventures and Devonshire Investors. In addition, Stage 1 Ventures and Robot...

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