Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
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Crypto-friendly bank Lead Bank completes $70 million financing round, led by a16z and others
2025-09-05 00:57

According to Odaily Planet Daily, crypto-friendly bank Lead Bank has raised $70 million in funding at a $1.47 billion valuation. A16z and Khosla Ventures led the round, with participation from existing investors Ribbit Capital, Coatue, and Zeev Ventures, as well as new investors Iconiq Capital and Greycroft. (Bloomberg)