Anchorage Raises $350M From Investors Including KKR & Goldman Sachs – December 15

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$46,928

Bitcoin price finds itself sitting around the $47,000 mark for yet another day in a row, as price further stabilizes in the range.

Top-20 altcoins mostly continue to slide, as Ethereum falls 2%, Dogecoin corrects 10% and Solana stands out with a 4% gain.

Top Stories for December 15, 2021 🔥

👉 Anchorage Raises $350M From Investors Including KKR & Goldman Sachs

Cryptocurrency bank Anchorage has closed a $350 million Series D funding round, with contributions from KKR, Goldman Sachs, BlackRock, PayPal Ventures and others.

The funding round will assist Anchorage to onboard larger financial institutions, and brings the firm to a total valuation of $3 billion. Anchorage is a federally chartered crypto bank based in San Francisco.

👉 Galaxy Digital And Bloomberg To Launch Solana Fund

Galaxy Digital has announced that it will be launching a crypto fund for Solana (SOL), just two weeks after a similar announcement from Grayscale.

The Galaxy Solana Fund will provide institutional investors with exposure to SOL, with a minimum investment of $25,000. The coins will be custodied by Coinbase.

👉 UK Advertising Regulator Takes Down Crypto Ads From Coinbase And More

The United Kingdom’s Advertising Standards Authority (ASA) has banned yet another round of crypto-focused ads, from major crypto-related companies.

The agency issued violation rulings that affected multiple notable firms, including Coinbase, Kraken, eToro and Exmo, for “irresponsibly taking advantage of consumers inexperience and for failing to illustrate the risk of the investment”.