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Reports suggest BlockFi seeks to raise millions at a valuation of $5B

The company, which was founded in 2017 by Zac Prince and Flori Marquez, is said to be in late-stage talks with new and existing investors to secure the capital raise, according to technology publication The Information. New York-based hedge fund Third Point (NYSE:SPNT) Management and Hedosophia, a London-based venture capital firm, are reportedly leading the new funding round.

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Source: Cryptocurrency - investing.com

Stock futures are flat as S&P 500 remains range-bound near record

Wall Street Bets targets Wendy's with new stock buying strategy, Jim Cramer says