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  • Crypto firm Tether, which powers stable coin transactions, is one of the world's largest US commercial paper investors with ~$30B, according to JPMorgan; Tether recently disclosed its holdings, indicating it had converted ~half of its reserves to commercial paper; Tether is the world's third-largest cryptocurrency by market capitalization, according to CoinMarketCap - Link

  • Edtech company Byju's raises $350M for a $16.5B post-valuation from UBS Group and others, making the firm India's most valuable startup; the company operates a platform for live remote classes, with 11k active teachers and 170k active students; Byju's plans to use the funding for acquisitions - Link

  • Koch Media announces Prime Matter, a new video game publishing label for Koch-owned studios developing for new and existing IP; slated releases include Starbreeze Studios' "Payday 3," a new "Painkiller" game from Saber Interactive, and a new CrossFire title from Blackbird Interactive - Link

  • Cerebral, which offers remote mental health services and prescriptions for delivery, raises $127M Series B at a $1.23B valuation led by Access Industries; the round quintupled the company's last valuation from a $35M raise in October; Cerebral currently focuses on treating depression and anxiety, and plans to expand support to patients suffering from PTSD, bipolar disorder, and more, and to launch group therapy and couples counseling - Link

  • Blue Origin announces $28M winning bid in an auction for a trip to space with Jeff Bezos; bidding started at $4.8M; the mission, slated for July 20, will see Blue Origin's New Shepard rocket carry Jeff Bezos, his brother, and the as-yet-unnamed winner to an altitude of 62 miles, where the group will experience microgravity - Link

    CORRECTED for clarity and the length of the auction