Crypto Surveillance Startup Raises $3M To Expand Machine Learning Capabilities

Crypto Surveillance Startup Raises $3M To Expand Machine Learning Capabilities

Solidius Labs, a crypto surveillance startup founded by engineers who previously worked for Goldman Sachs, has raised three million U.S dollars to expand its development of machine learning cryptocurrency trade surveillance. The startup said that the seed funding round was spearheaded by Hanaco Ventures. Others who chipped in were Norman Sorensen, Global Founders Capital, and David Krell. The amount raised would be used to further develop its platform which uses artificial intelligence and machine learning to monitor trading of virtual assets. Purpose Of The $3 million The funds will also…

MF wrap: Equity fund folio helps add 6.62 lakh investor accounts in January; gold ETFs hit

Equity fund folio addition boosted domestic mutual fund industry, helping it register over 6.62 lakh more investor accounts in January, Securities and Exchange Board of India (SEBI) data shows. Total investor accounts stood at 8.1 crore in January. Equity funds added 3.80 lakh accounts last month, taking the total equity fund folios to 4.99 crore. Fund managers attributed the addition in equity fund folios to the matured behaviour of retail investors who were seeing the market fall as an opportunity to invest their surplus money. The Nifty-50 and Nifty-500 indices,…