BitGo, a US-based crypto custody startup, has confidentially filed for an IPO amidst rising Bitcoin interest. This move underscores their belief in the expanding crypto economy. Meanwhile, SpotDraft, an AI-driven contract management platform, has also secured undisclosed funding. This reflects the growing acceptance of AI technology among legal professionals.
BitGo Secures Undisclosed Funding in a Private Round
BitGo, a US-based firm, has secured an undisclosed funding. Read more.
BitGo, a Palo Alto-based crypto custody startup, has confidentially filed for an IPO. This signifies the firm’s confidence in the expanding crypto economy. The potential IPO comes at a time when Bitcoin interest is at its peak, mirrored by the market’s bullish reaction. As the competition among crypto firms to go public heightens, BitGo’s bold step shows an attempt to capitalize on the market’s current dynamism. However, details about the anticipated IPO, including the proposed amount and date, remain under wraps.
SpotDraft Secures Undisclosed Funding in a Private Round
SpotDraft has secured an undisclosed funding. Read more.
Legal professionals are increasingly adopting AI, according to surveys. A recent poll from legal tech firm Clio reveals that 79% of firms utilized some form of AI for casework last year, a significant rise from just 19% in 2023. Despite some reservations about the technology, in-house counsel has shown interest, with one survey suggesting…