E-commerce marketing company Rokt says it raised a secondary funding round at a $2.4B valuation, up from $1.95B in December 2021, as it prepares for an IPO (Mehnaz Yasmin/Reuters)

Reuters:
SoftBank-backed Indian e-commerce firm Snapdeal drops its $152M IPO plans, after filing in December 2021, amid a tech stock rout  —  SoftBank-backed Indian e-commerce firm Snapdeal has decided to pull the plug on its $152 million IPO, the company told Reuters, making it the latest casualty …

Hartley Charlton / MacRumors:
Square launches support for Apple’s Tap to Pay on iPhone to sellers in the US, available within its Square Point of Sale app for iOS on the iPhone XS or newer  —  Square today publicly launched support for Tap to Pay on iPhone to sellers across the U.S., enabling small merchants …

Reuters:
Swiss startup 21.co, which runs the 21Shares crypto investment platform, raised $25M led by Marshall Wace at a $2B post-money valuation  —  Crypto investment product firm 21.co, the parent of 21Shares, said on Tuesday it had raised $25 million in a funding round led by Marshall Wace that valued the company at $2 billion.

Bloomberg:
Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta’s second-largest IPO in 2022, after GoTo’s $1.1B April IPO  —  PT Global Digital Niaga, the owner of Indonesia’s e-commerce group Blibli, ended its first day of trade unchanged …

Oliver Knight / CoinDesk:
An independent audit shows the Luna Foundation Guard spent $2.8B in crypto and Terraform Labs spent $613M trying to defend the UST stablecoin in May 2022  —  Terraform Labs founder Do Kwon dismissed similarities with the collapse of FTX.  —  Luna Foundation Guard (LFG) …

Reuters:
Chicago-based supply chain management startup project44 raised $80M led by Generation Investment and A.P. Moller at a $2.7B post-money valuation  —  U.S.-based supply chain management technology company project44 said on Thursday it was valued at $2.7 billion after its latest funding round …