Enterprise

Jio Platforms gets one more big-ticket investor Vista

Close on the heels of social media giant Facebook and private equity firm Silver Lake betting big on Indian telecom behemoth Jio Platforms, another private equity firm Vista Equity Partners will invest $ 1.5 billion (Rs. 11,367 crore) in it.Jio Platforms has now raised $ 8 billion Rs 60,596.37 crore — amounting to a total…

Close on the heels of social media giant Facebook and private equity firm Silver Lake betting big on Indian telecom behemoth Jio Platforms, another private equity firm Vista Equity Partners will invest $ 1.5 billion (Rs. 11,367 crore) in it.

Jio Platforms has now raised $ 8 billion Rs 60,596.37 crore — amounting to a total of 13.4% stake — from leading technology investors in less than three weeks.

This investment by Vista values Jio Platforms at an equity value of Rs. 4.91 lakh crore and an enterprise value of Rs. 5.16 lakh crore. Vista’s investment will translate into a 2.32% equity stake in Jio Platforms on

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Enterprise

Paxos Diversifies Stablecoin Issuance with Solana Blockchain Integration

Paxos, a regulated blockchain and tokenization infrastructure platform, has announced a strategic move to broaden its stablecoin issuance to the Solana blockchain platform. Previously exclusive to Ethereum, this expansion marks a milestone for Paxos’s enterprise and consumer-focused operations. Paxos Sets Date for Public Launch of USDP on SolanaThe introduction of USDP on Solana…

Paxos,
a regulated blockchain and tokenization infrastructure platform, has announced
a strategic move to broaden its stablecoin issuance to the Solana blockchain
platform. Previously exclusive to Ethereum, this expansion marks a milestone
for Paxos’s enterprise and consumer-focused operations. Paxos
Sets Date for Public Launch of USDP on SolanaThe
introduction of USDP on Solana…
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Enterprise

JAN3 Launches New Division to Help Countries Buy Bitcoin

In addition to serving nation states, JAN3 Financial extends its expertise to private enterprises, family offices, and high-net-worth individuals…

In addition to serving nation states, JAN3 Financial extends its expertise to private enterprises, family offices, and high-net-worth individuals…
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Enterprise

Texas Bitcoin Mining Operation Shut Down By Host’s Armed Security

A 125MW Bitcoin mining facility run by Rhodium Enterprises was forced to shut down last week by Rockdale, TX site operator and Riot Platform’s subsidiary Whinstone Inc. after armed security entered the premises…

A 125MW Bitcoin mining facility run by Rhodium Enterprises was forced to shut down last week by Rockdale, TX site operator and Riot Platform’s subsidiary Whinstone Inc. after armed security entered the premises…
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Enterprise

Britanniacoin’s Official Pre-release: introducing a unique vision for the future

Aptius Ltd, a British financial enterprise, has developed a new cryptocurrency called BritanniaCoin which will be available for pre-sale from June 18th onwards, ahead of its launch later this year. BritanniaCoin is a British-built blockchain that introduces real-world applications while honouring British cultural heritage. The pre-release contains 316,000 coins for sale…

Aptius Ltd, a British financial enterprise, has developed a new cryptocurrency called BritanniaCoin which will be available for pre-sale from June 18th onwards, ahead of its launch later this year. BritanniaCoin is a British-built blockchain that introduces real-world applications while honouring British cultural heritage. The pre-release contains 316,000 coins for sale…
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