Is there an encryption bubble? Yes, CEO of $ 15 billion in Kraken exchange

Arjun Sethi, participating in Kraken, is one of the largest encryption exchanges in the past world It is said With a value of $ 15 billion, it is believed that we are now in the midst of the bubble. when luckJohn John Roberts asked about the director of encryption whether this was the case during a committee at the Fortune Printizm Technology Conference in Park City, Utah, Sethi responded yes – with some differences.

“Are we in a bubble or not? If you look at the general slope for 15 years, I would like to say no,” said Kraken’s CEO. “If you look at it in the quarter, then the answer is yes, we enter these bubbles all the time.”

Even Crypto CEO will say that his industry is heading to a possible crash that talks about calm in the encryption markets during the past year. Since January, Bitcoin repeatedly at Bitcoin Fulfill The highest level ever and the total market degree of all encrypted currencies via 4 trillion dollars for the first time. Not to mention the subscription subscriptions from Stablecoin source circle And the exchange of encryption Climb.

While some of this enthusiasm stems from Bitcoin’s association with the stock market – S&P 500 has also developed new Records Since the inauguration of President Donald Trump in January-the bullet organizing Changes In the United States she is also a potential worker for the last recurrence of Crypto.

But all bubbles ultimately, there are already signs of a potential explosion, including decreased enthusiasm in the latest direction for Crypto: Digital assetsOr public companies that have collected encryption on their public budgets to enhance their stock prices.

Supporters say that these companies allow investors to be exposed to cryptocurrencies that are easily accessible within their mediation accounts, but critics say that these companies are to seize quick criticism and will end up. There may be signs of this collapse. Last week, the average decrease in the stock price for 15 digital asset bonds followed by Architect Partners, a consultant finance and finance consultant, was 15 %.

However, on the same plate with Kraken Co-CEO SETHI, the Birch Pari, the founder of the Crypto Company Digital Currency Group collection, was optimistic. He said: “There is a large group of nonsense in encryption at the present time, which is exaggerated. I think 99 % of the encryption will absolutely go to scratch.” “But this category of assets, the category of encryption assets, is not at all in a bubble now.”

And if the history of Bitcoin for large drops and even the largest balls is any indicator, then Silbert may be right.

Clarna … Yesterday, Clarna was announced in the long -awaited public subscription, as the stock has emerged up to 25 %. In the period before the insertion day, the CEO of Klaarna Siebastian Siemiatkowski sat with Podcast term To talk about preparing for the public, why he loves Walmart and the future of financial services. Hold the entire episode here.

Bin Weiss
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Email: [email protected]

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Adventure deals

– HigsfieldA video thinking engine that works artificial intelligence in San Francisco, $ 50 million of funding from the series A. GFT Projects Lead BroadLight capitaland Nextequity Partnersand You have capital Partnersand Menlo Projectsand Alpha Square GroupAnd others.

– presserThe Washington -based safety platform in Washington has raised $ 48 million from seed financing and $ 38 million in financing from series A from series A. battery Projectsand Team8and image capitaland NFXAnd a wall Partners.

– Scourge InvolveIdaho -based pest control platform, Idahu, raised $ 28 million in the AD series. integrity growth capital He led the tour and joined the current investors metaproand capital elevenAnd others.

– Optain HealthAkron, Ohio, using artificial intelligence and robots to improve eye diseases detection, collected $ 26 million in financing from the A. vision Partners He led the tour and joined others.

– edge the biographyPalo Alto, Calif. Satter Hill Projects Lead overlap Property.

– Gang groupThe UK’s clinical workforce platform, UK, raised $ 24 million of funding from the series A. Capital idea Lead RTP worldwideand Localglobeand prior capitalAnd others.

– the hourA company for artificial intelligence in San Francisco raised $ 20.6 million of financing. new project peers Lead AMDand BroadcomAnd others.

– childA Ai Apps developer in Berlin, Germany designed to serve as friends, raised $ 15 million of financing from the series A. accelerator and Shade.

– standard fleetA fleet management platform, based in San Francisco, raised $ 13 million in financing from the A. Nova threshold Lead Wex Venture capital And others.

– SpeedchainA Director of Expenses in Atlanta, GA, collected 11 million dollars of financing from series A GTM financeand village worldwideand TTV capitaland K5 worldwideand side by sideAnd immigrant Bank.

– silence protectionTel Aviv, the company, has collected $ 11 million in seed financing. battery Projects and Yl Projects He led the tour.

– ChimneysBrazil’s financial operating system, $ 10 million in funding from the A. Flourish Projects and Quona capital He led the tour.

– agreeThe AIs -based Amnesty International, based in San Francisco, is collected designed for accounting and tax companies, with $ 10 million in seed financing and $ 3 million in financing before the seed. Ostensitis Projects He led the seed tour, general Stimulus I led the tour before the seed, and joined it manand Niaand Payne capital ProjectsAnd Sikoya capital.

– I finishA platform for manufacturing performance from artificial intelligence in San Francisco, collected $ 5 million of funding from the A. Prime Venture Partners He led the tour.

– LocusxMontreal’s resolution in Canada, with a value of 3 million dollars ($ 2.2 million) of seed financing. graph and Triptyq He led the tour.

Private property rights

– Ec CouncilWith the support of who eqt private justiceI invested 20 million dollars in river,

– Hudson Glade acquired comnet CommunicationsBethel, based in Conn. For low -voltage infrastructure solutions. The financial conditions have not been revealed.

– IncuubetaWith the support of who CarlyalAcquired RocketsourceHe is a Utah -based consultant, Utah. The financial conditions have not been revealed.

– SpatcoWith the support of who entity capitalAcquired Distinction Fuel SystemsBoda fuel system contractor, Texas. The financial conditions have not been revealed.

Output

– DHL supply chain He agreed to acquire strategy delivery SolutionsTampa, Flo. HCI justice Partners. The financial conditions have not been revealed,

– GTCR acquired FMG wingSan Diego Marketing Automation Program, California headquarters for financial advisors and insurance agents, from Aurora capital Partners. The financial conditions have not been revealed.

– Samsung life insurance He agreed to obtain a minority share in Hayfin capital administrationAlternative asset management platform in London, from the United Kingdom, from Bears Partners. The financial conditions have not been revealed.

Money + funds of money

– The health fund for investorsMadison. The WIS -based Investment Capital Fund raised $ 80 million to its second fund, which focuses on medical devices in the early stage, diagnosis, digital health and pharmaceutical companies.

the people

– HookMenlo Park, Calif. David Glaser and Angela Johnson For presidents.