According to ME News, on April 14 (UTC+8), cloud computing startup Fluidstack is in talks with investors to raise approximately $1 billion, targeting a valuation of $18 billion. It is reported that Jane Street and Situational Awareness are negotiating to co-lead this funding round. One informed source stated that Morgan Stanley is advising Fluidstack on this financing round. Due to the sensitive nature of the information, the parties involved have requested anonymity. (Source: BlockBeats)
Cloud startup Fluidstack aims to raise $10 billion at a $180 billion valuation.
KuCoinFlashShare
Summary
Crypto news outlet MetaEra reports that cloud startup Fluidstack is in discussions to raise $10 billion at a $180 billion valuation. Jane Street and Situational Awareness are in early talks to co-lead the round, with Morgan Stanley serving as financial advisor. Sources close to the deal have remained anonymous due to the sensitivity of the negotiations. The development has attracted attention in cryptocurrency news circles as one of the largest private funding rounds in recent years.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.