Anil Aggarwal

Stay up-to-date with the latest web3 adoption news! 🫡 🍰 #PancakeSwap has launched a #Telegram bot, enabling seamless crypto trading within chats. 💳 #CoinbaseWallet is set to introduce a Tap-to-Pay feature for crypto transactions, streamlining in-store payments. 🏦 Pennsylvania lawmakers propose allocating 10% of the state’s $7B reserve into #Bitcoin, marking a potential shift in public fund management. 💰 #FranklinTempleton expands its money market fund to the #Ethereum blockchain, continuing its push into tokenized finance. 🚨 #CryptoCom expands its footprint in Australia by acquiring licensed brokerage Fintek Securities. 📱 #PhantomWallet enters the top 10 utility apps on the U.S. App Store, reflecting rising demand for user-friendly Web3 solutions. 🔗 #DeutscheTelekom collaborates with #NEAR blockchain to support decentralized applications and enhance blockchain infrastructure. 🇮🇹 Italy revises its proposed 42% crypto tax down to 28% for a more balanced approach to crypto regulation. Follow us at Mluck and stay tuned!

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Congratulations to Abnormal Security on raising a $250M Series D financing at a $5.1B valuation, led by Wellington Management. We at Greylock are proud to be investing in Abnormal for the fifth time since Evan Reiser, Sanjay Jeyakumar and team started Abnormal in Greylock's offices. Abnormal's built the world's first AI-native cybersecurity platform that leverages AI to protect organizations most important vulnerability: humans and human behavior. Abnormal is also announcing today that they have crossed $200M ARR with 100% YoY revenue growth and is now used to secure nearly 20% of the Fortune 500. An important milestone as Abnormal advances its mission to protect humans using AI. CC: Asheem Chandna, Venky Ganesan, Stephen Ward, Rob Mazzoni https://lnkd.in/g4G4PRf9

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ŌURA closed a $200 Million Series D funding round, raising its valuation to $5.2 Billion. The round included participation from Fidelity Investments and Dexcom, which invested $75 million. Oura has sold over 2.5 million rings, with its member base and revenue doubling in the past year. In 2024, the company expanded to Amazon and Target and collaborated with the Naval Health Research Center, Air Force, and Defense Innovation Unit to deploy its smart rings for service members. Recent acquisitions include Sparta Science in October and Veri in September. For the latest secondary coverage and trading SaxonWeber | ShareWell #secondaries #saxonweber

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Payments companies are increasingly acquiring software and tech firms to enhance their technology capabilities, expand their service offerings, and secure their digital operations. Recent acquisitions include Mastercard's purchases of cybersecurity firm Recorded Future and subscription management company Minna Technologies. This trend of mergers and acquisitions (M&A) has accelerated in 2024, with 62 deals announced by mid-October, likely surpassing 2023's total. The Federal Reserve's recent interest rate cut may further boost M&A activity through 2024 and into 2025, as companies seek to strengthen their technology stacks, combat fraud, and expand into new markets. Key deals include Roper Technologies’ $1.5 billion purchase of Transact Campus, Veritas Capital’s acquisition of NCR Voyix for $2.45 billion, and Global Payments' acquisition of Yazara, a mobile payment solution. Continue Reading Here: https://lnkd.in/gKYgVYuv Payments Dive Shefali Kapadia Branded Hospitality Ventures #Ventures #Hospitality #Technology #Mergers Hospitality Headline Newsletter Ajay Banga Michael Miebach Alfred F. Kelly, Jr. Dan Schulman Hiroki Takeuchi Jason Gardner

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Introducing Olas Staking: Olas Staking is powered by novel primitive 'Proof of Active Agent' (PoAA), pioneered by Valory. "PoAA presents a thrilling growth opportunity for protocols and chains across crypto," said Olas DAO member and CEO of core contributor Valory, David Minarsch. "By defining PoAA staking programs to incentivize usage of their own technologies, crypto projects can spawn autonomous agents as their Daily Active Users." https://lnkd.in/eG-DRvZd

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YL Ventures is excited to partner with Daniel Shechter and Itai Goldman, cofounders of Miggo Security, the first Application Detection and Response (ADR) platform! YL Ventures led Miggo's $7.5 million #seed round, with participation from #Cyber Club London and a long list of #cybersecurity luminaries, including former CISOs from Google, Zscaler and Nike! Miggo Security is the first ADR platform, providing the visibility, response and understanding you need to prevent application breaches. Using in-application context to shed light on your biggest attack surface, Miggo’s ADR enables businesses to monitor how applications behave in runtime and stop attackers from manipulating chains of trust among distributed services. With Miggo, monitor application weak spots, identify and mitigate attacks in real-time. Read more in Forbes: https://lnkd.in/ghkXCwzk

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Grim news from Forbes last week. #Point72 Ventures (run by famous billionaire, Steve Cohen) has laid off their fintech team in an attempt to #pivot away from crypto and shift into more of a focus investing in #AI and defense technology startups. Five #investors, and a few rumored partners of the company including are also rumored to separate from Point72 as well. The initial wave of fintech #startups were intended to disrupt the old school banking system and allow modern technology to thrive. Now that AI is an #industry wide trendsetter, Point72 are making a dire mistake of using it as a replacement for human input and perspective instead of a supplement. Hopefully this won’t set a precedent for future companies to get rid of their fintech experts and #investors who use their skills to great success.

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Block, the parent company of Square and Cash App, aims to leverage its dual ownership to create synergy between its point-of-sale software and peer-to-peer payments app. Jack Dorsey, Block's founder, highlighted the advantage of having relationships with both merchants and consumers, stating it's a rare position in commerce and payments. Ryan Budd, Cash App's head of financial products, hinted at plans to integrate a small business experience into Square and incentivize Cash App users to engage with Square merchants. Block is focused on connecting Cash App's consumer base with Square's merchant network, aiming to transform Cash App into a consumer app for interacting with Square merchants. This move aligns with Block's strategy to dominate various aspects of the consumer ecosystem and potentially monetize consumer spending data for advertising purposes. Read More Here: https://lnkd.in/eh-8KS9V Eugene Tsay Wade Robison John O'Beirne Emily C. Chiu Eileen Wiens Jim McKelvey Branded Hospitality Ventures #innovation #venturecapital #hospitality #technology Owen Jennings (OBJ) Brooke Ellis Jamie (Russo) HicksMing-Tai Huh

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Honored to have moderated a panel on the “Future of TV: The Great Unbundling + Rebundling” at PrivTech Invest NYC, hosted by our firm, Grit Capital Partners! Joined by industry leaders Peter Naylor, Jonathan Carson (Antenna, the leading analytics provider), + Jason Cohen (MyBundle), we explored the rapidly changing streaming landscape. Key insights: Consumer Shift: Over 50M U.S. households have cut the cord, putting consumers in control, driving demand for simpler, more tailored streaming options. Retention & Churn: With churn rates averaging 37% annually, streaming platforms are focusing on personalization, ad tiers, + exclusive content to retain viewers. Broadband & Bundling: Broadband providers are moving from TV to fiber (Fiber adoption is up 10% YoY), creating new ways to bundle streaming + broadband services to reduce churn + simplify billing  AI & Personalization: 75% of streamers say AI-powered recommendations improve their viewing experience. Thank you to our panelists for joining us to discuss these trends + the opportunities ahead. New era for TV 🚀 #Streaming #Partnerships #Innovation #CustomerExperience #Customerfirst #bundling #ai

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VC’s high-stakes game is facing a #realitycheck. High venture valuations are hiding the sector’s struggle with #slow #growth and declining exits. With $4 trillion tied up in VC-backed U.S. firms, companies face fewer high-value exits, while flat or #downrounds now make up 26.6% of the market. With thanks to PitchBook for the Q3 2024 US VC Valuations Report. https://lnkd.in/eYvVus8M HITEC Angeles Investors Nextdata Conectado Inc Insight Partners

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The bankruptcy of Synapse, where $100 million of customer funds is missing, raises serious concerns about bank-fintech partnerships and the need for rigorous due diligence. This situation underscores the immediate need for banks to reassess their partnerships and prioritize consumer protection. Stricter regulations and enhanced oversight could become the norm, ensuring only fintechs that can withstand scrutiny will thrive in the financial ecosystem. #Fintech #AI

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Placer.ai, a startup in AI market research using location data, has raised $75M, bringing its valuation to $1.45B. This follows a previous $100M Series C at a $1B valuation. Key Highlights: - Key Investors: GEM Realty Capital, Josh Buckley, WndrCo, Lachy Groom, MMC Ventures, Fifth Wall Ventures, and more. - Revenue Growth: Crossed $100M annual revenue run rate, with an 80% growth last year. - Customer Base: Over 4,300, including Sony, Wegmans, and Century 21. Placer.ai uses location-based analytics across retail, real estate, financial services, and other sectors. The latest investment will be used for business development and platform enhancements. For the latest secondary coverage and trading SaxonWeber | ShareWell #secondaries #saxonweber

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LF Decentralized Trust, which will encompass the growing portfolio of Hyperledger projects and host new open source software, communities, standards, and specifications that are critical to the macro shift toward decentralized systems of distributed trust. Great initiative Daniela Barbosa Julian Gordon The Linux Foundation Hyperledger Foundation Hyperledger India Chapter #blockchain #hyperledger #decentralisedtrust #distributedtrust

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Primary Venture Partners NY Seed Report is out In Q3 2024, the NYC seed funding landscape saw a strategic pivot. While total funding dropped 13%, the average round size rose by 11%, signaling a high-conviction, low-volume approach from investors. Healthtech, AI, and FinTech deals led the way, with notable growth in transactions within the $6M-$10M range. For the entire report: https://lnkd.in/eByGuxW9

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InvestiFi is excited to introduce our V2 platform, made in collaboration with WeStreet Credit Union, to enhance the crypto investing experience. This latest version embodies a significant milestone in elevating WeStreet’s members' journey with enhanced user-friendliness and advanced features, including seamless crypto transactions and visually appealing historical graphs. Our collaboration signifies a commitment to providing exceptional tools and resources, empowering users to navigate the crypto market with confidence. Read more about the enhanced features and functionalities of the V2 platform by clicking the link below. #InvestiFi #CryptoInvesting #FintechInnovation

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Robinhood acquiring TradePMR for $300m Big move by Robinhood further entering the wewltht management space. TradePMR’s established network of 350 firms and decades of experience in RIA custodial services offer Robinhood a solid foundation to build its new advisory capabilities. Commenting about the planned acquisition, Vlad Tenev, said: “The TradePMR team has one of the strongest RIA networks in the industry. We’re excited to join forces to build a category-defining advisory platform for the next generation.” Additionally, Robinhood and TradePMR aim to create a referral program that connects fiduciary advisors to Robinhood’s expansive customer base. This collaboration seeks to help advisors grow their businesses and offer Robinhood users easier access to professional financial advice.

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Big news for Rewardable and the future of engagement marketing! 🤖✨ We’re excited to announce that Rewardable has integrated Coinbase’s AgentKit to automate task creation, verification, and fraud detection on our platform. This cutting-edge AI technology will help streamline operations and ensure efficiency, transparency, and security for users and the brands we work with. By leveraging AgentKit and its seamless integration with the Base chain, Rewardable continues to push the boundaries of AI-driven engagement marketing. https://lnkd.in/d2Ap_ZR4

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