Moneybox received £35 million from Fidelity to grow crypto business
The company has successfully completed a Series D funding round
05.04.2022 - 09:30
207
1 min
0
What’s new? Asset manager Moneybox has completed another round of funding. A total of £35 million ($45,85 million at the exchange rate as of April 5, 2022) was raised as part of the Series D round. Most of the funds came from the US financial holding company, Fidelity Investments, AltFi reports.
What is known about the company’s plans? Moneybox co-founder Ben Stanway has revealed his intentions to launch a number of cryptocurrency services. The main focus will be on portfolio diversification with a few percent share in cryptocurrencies. The first opportunity for customers will be to invest in bitcoin, followed by the addition of “one or a couple more” assets.
Moneybox was founded in 2016 in London. It employs around 300 people and has around £3 billion under management from 800 000 customers.
Useful material?
Telegram 
Twitter Market
Earlier, the community criticized the project for its lack of transparency, which led to a sharp drop in the HYPE token price
Jan 8, 2025
Market
Rising US Treasury bond yields are negatively affecting risk assets
Jan 8, 2025
Mining
The Avalon Mini 3 is available for pre-order at $899
Jan 8, 2025
Market
The exchange obtained the documents as part of the Freedom of Information Act proceeding
Jan 6, 2025
Market
According to the preliminary plan, the free coin giveaway will take place in January 2025
Dec 27, 2024
Market
The fund’s issuer will be Donald Trump associate Vivek Ramaswamy’s Strive company
Dec 27, 2024
Cryptocurrency rates
-
Bitcoin
$94 185
BTC
-1.16%
-
Ethereum
$3 276.5
ETH
-0.5%
-
Ripple
$2.53
XRP
+7.35%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Dogecoin
$0.338126
DOGE
+0.91%
-
Cardano
$0.953486
ADA
+1.32%
-
Stellar XLM
$0.436336
XLM
+2.95%
-
Polkadot
$6.62
DOT
-2.12%
-
Bitcoin Cash
$438.91
BCH
-2.16%
-
Litecoin
$102.53
LTC
-3.3%