Raise, a Chicago-based gift card marketplace, secured $63 million in funding led by Haun Ventures and backed by Paypal to expand its blockchain-based Smart Cards system, the company announced this week. Paypal-Backed Raise Raises $63M; Aims to Revolutionize Gift Cards via Blockchain The funding round, which included Accel, New Enterprise Associates and others, brings Raise’s […]
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The Financial Accounting Standards Board (FASB) has proposed guidance outlining when companies may classify certain stablecoins as cash equivalents under generally accepted accounting principles in the United States. On...
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