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  • Robinhood to delist three crypto tokens, Meta employees show low faith in leadership, legal AI startup raises $50.5M

Robinhood to delist three crypto tokens, Meta employees show low faith in leadership, legal AI startup raises $50.5M

Robinhood will end support for Cardano, Polygon, and Solana starting at 7pm ET on June 27, three days after the stock trading app announced it was reviewing these tokens after SEC lawsuits against Coinbase and Binance - Link

WaPo sources: in an internal employee survey from May, only 26% of employee responses expressed confidence in leadership, down five percentage points from October 2022 - Link

EvenUp, a startup that uses AI to help lawyers generate legal docs for injury cases, raised a $50.5M Series B at a $325M valuation led by Bessemer - Link

Blackpoint Cyber, a startup that sells cybersecurity software to MSPs (which manage security infrastructure for other organizations), raised a $190M Series C led by Bain - Link

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Replika Co-Founder and CEO Eugenia Kuyda breaks down her startup’s origin story and purpose (1:43), the relationships users have with its AI chatbot (10:21), the potential of AI therapists, Replika’s new chatbot Blush, and more! (35:10) - Link

Taiko Labs, a Hong Kong-based startup building a solution to scale Ethereum’s blockchain, raised $22M across two early-stage rounds led by Sequoia China and Generative Ventures, respectively - Link

Granica, a Mountain View-based startup that helps data-heavy companies reduce and optimize their cloud storage on AWS and Google Cloud, raised a $45M round from NEA, Bain, and other investors - Link

Binance.US has halted dollar deposits and told customers to withdraw USD funds by Tuesday after the SEC asked a court to freeze the crypto exchange’s assets - Link

Netflix gained more new US-based subscriptions from May 25-28 than in any four-day window since 2019, according to data from streaming analytics company Antenna - Link

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