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Latest from Danny Nelson
CoinList Valued at $1.5B as Lending, Staking Join Business Mandate
Following a $100 million funding round, the token sale platform is planning to invest heavily in two of its newer business lines.

Solana-Based Yield Aggregator Tulip Raises $5M
The DeFi app formerly known as SolFarm has over $800 million in TVL.

Direxion Files for Short Bitcoin Futures ETF
Investment firms are getting creative after last week’s watershed bitcoin ETF launch.

Valkyrie Files to Offer Leveraged Bitcoin Futures ETF
One of the only companies with an investable bitcoin ETF is now attempting to lever up.

Solana-Based Perpetual Swaps DEX Drift Protocol Raises $3.8M
Multicoin Capital led the decentralized exchange’s funding round with Jump and Alameda also participating.

TaxBit Courts Corporate America With Crypto Accounting Software
BlockFi will be the first customer of TaxBit’s new “Corporate Accounting Suite.”

FTX Raises $420,690,000
It’s a nice Series B-1 for Sam Bankman-Fried’s crypto exchange following a $900 million mega-round earlier this year.

DCG, Facing Competition From Bitcoin ETFs, Plans to Buy More Grayscale Bitcoin Trust
The crypto conglomerate says it may buy up to $1 billion of subsidiary Grayscale’s flagship product.
