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JAY-Z Enters the NFT World in $19 Million USD Funding Round for Platform Bitski: The hip-hop mogul simultaneously files for a new trademark for a new entertainment production company. ....
Share this article Share this article COPENHAGEN, Denmark, May 5, 2021 /PRNewswire/ The Danish design icon MATE announces a new investment from Marcy Venture Partners, the venture capital fund co-founded by the iconic trio JAY-Z, Jay Brown, and Larry Marcus. With these funds the start-up will take a giant leap to accelerate the future of smart transportation, with the global aim for the world to go greener via a new, smarter, more flexible, and flashy form of transportation. MATE X By partnering up with Marcy Venture Partners, MATE will expand the global eBike revolution. With an exciting and innovative pipeline of Danish designed eBikes, apparel and accessories, the company will take essential steps to hyper-accelerate its scale-up journey. ....
Jay-Z finalizes the sale of Tidal Jay-Z (Photo credit: Bang Media) Jay-Z made another mogul move and closed a business deal on Friday, April 30 to sell the majority interest in his streaming platform Tidal to the financial services company Square for $350 million. Square is owned by Jay-Z’s friend and business partner Jack Dorsey. The two announced the deal back in March but it wasn’t finalized until April 29. According to “TMZ ,” Square gets 80 percent ownership of Tidal, along with licensing deals with the major record labels. All of the artists and owners currently involved will remain with the company too. Jay-Z will join Square’s board of directors as part of the agreement and Tidal will continue running as a separate company, but will now have Square’s software technology as one of its resources. ....