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Mill City goes all-in on Sui with $450m treasury strategy

Mill City Ventures is committing $450 million to Sui, positioning itself as a bridge between traditional finance and blockchain’s next wave. With elite backers like Galaxy and Pantera, the move may accelerate Sui’s path to mainstream institutional use. Summary Mill City Ventures pledged $450 million to build the first publicly traded Sui treasury, with 98% … Read more

Rippling raises $450M at a $16.8B valuation, reveals YC is a customer

HR tech startup Rippling has raised a $450 million Series G round at a $16.8 billion valuation, the company confirmed to TechCrunch. It is also conducting a $200 million tender offer to give current and former employees some liquidity. The equity raise marks a big jump in valuation from a year ago. In April 2024, … Read more

Polygon partners with Reliance Jio to bring blockchain capabilities to 450m Indians

Polygon Labs has partnered with India’s largest telecom operator, Reliance Jio, to integrate blockchain into the company’s existing infrastructure. Jio, which is a subsidiary of Reliance Industries, services roughly 450 million Indians and plans to leverage Polygon’s technology stack to enhance its existing applications and services with blockchain and Web3 capabilities, according to a Jan. … Read more

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