January 3, 2024 @ 5:08 pm By JD Alois  |  

Coinshares has provided an update on digital assets and the platform is reporting that digital asset investment products experienced  $2.25 billion of inflows for the full year in 2023, Coinshares states that this is the 3rd largest year based on data from back to 2017…. Read More

January 3, 2024 @ 1:35 pm By JD Alois  |  

Commissioner Mark Uyeda has been sworn in for a second term at the Securities and Exchange Commission (SEC). His previous term expired in 2023, and now Uyeda may remain at the SEC until 2028. Uyeda is one of two Republican Commissioners – the other being… Read More

January 3, 2024 @ 1:28 pm By JD Alois  |  

Republic has posted its 2023 “Annual Report,” and according to the company, it has raised $2.6 billion since inception. This is inclusive of Seedrs, a UK-based investment crowdfunding provider that Republic acquired in 2021. While this is confusing when compared to the £2.7 billion promoted… Read More

January 3, 2024 @ 12:11 pm By JD Alois  |  

Bitcoin continues to hold recent highs, topping $45,000 at the beginning of 2024 before pulling back a bit. Much of the speculation that is driving BTC higher is the expectation that the Securities and Exchange Commission (SEC) will soon approve a spot Bitcoin ETF after… Read More

January 3, 2024 @ 10:39 am By JD Alois  |  

The Women in Fintech Powerlist 2023 is now accepting applications. The annual list is a project by Innovate Finance in the UK and highlights female founders/executives, influencers, and policymakers leading the charge in digital financial services. Applicants will submit names under eight different categories, including:… Read More

January 2, 2024 @ 5:35 pm By JD Alois  |  

Webull has announced its expansion into Canada. Webull is a broker based in Florida that serves customers from around the world. The digital marketplace offers equities, including fractionals, along with ETFs and options. Webull also offers a sweep account in the US that pays a… Read More

January 2, 2024 @ 10:16 am By JD Alois  |  

Initial public offerings (IPOs) were pretty moribund in 2023. According to EY, global IPO volumes drooped by 8% in 2023, with proceeds down by 33% compared with 2022. The global IPO market ended in 2023 with 1,298 offerings, which raised $123.2 billion. Compare this to… Read More

January 2, 2024 @ 9:26 am By JD Alois  |  

The Bitcoin bull is back, it seems. Bitcoin (BTC), the most popular crypto in the world, is currently trading at just under $46,000. Bitcoin’s market cap is almost $900 billion. This is below its all-time high, which was in late 2021, when Bitcoin traded around… Read More

December 29, 2023 @ 1:20 pm By JD Alois  |  

Online capital formation became legal following the approval of the JOBS Act of 2012. Signed into law by President Obama, the bipartisan legislation sought to make it easier for firms to raise money from both accredited and non-accredited investors. While the bill was signed into… Read More

December 29, 2023 @ 11:25 am By JD Alois  |  

Netcapital (NASDAQ: NCPL, NPCLW), a capital formation company that operates a Funding Portal, has raised $4 million in a share sale, according to a company statement. Netcapital has sold 16 million shares of common stock along with A-1 warrants to purchase an additional 16 million… Read More

December 29, 2023 @ 10:44 am By JD Alois  |  

The Digital Asset Anti Money Laundering Act (S. 2669) is pending legislation that aims to stymie bad actors’ use of crypto to cover their tracks. The bill was introduced by Senator Elizabeth Warren, a well-known digital asset skeptic. Warren sits on the Senate Banking Committee,… Read More

December 29, 2023 @ 9:05 am By JD Alois  |  

Barry Silbert, the founder of Grayscale, which is part of the Digital Currency Group (DCG), has resigned from his position as a board member of Grayscale. Grayscale is the sponsor of the Grayscale Bitcoin Trust (OTC:GBTC), an OTC markets traded vehicle that allows investors to… Read More

December 28, 2023 @ 3:39 pm By JD Alois  |  

Early-stage firms, especially startups, are very risky investments. In fact, in the real world, most of them fail. It is widely understood that between 80% to 90% of startups die, so only about 20% or so of early-stage firms survive. In venture capital investing, that’s… Read More

December 28, 2023 @ 12:18 pm By JD Alois  |  

The Innovation Nation. Israel remains one of the hottest entrepreneurial hubs in the world. The country has punched above its weight class for years now and is well known for being the launch pad of many successful tech startups. But 2023 has hit the country… Read More

December 28, 2023 @ 10:36 am By JD Alois  |  

  Revolut, a top digital bank based in the UK but operating around the world, has been approved to offer home loans. According to Fintech Lithuania, Revolut will start offering mortgages across the European Economic Area, first in Lithuania. The group describes the approval as… Read More

December 28, 2023 @ 9:53 am By JD Alois  |  

The UK Financial Conduct Authority (FCA) Chief Executive Nikhil Rathi has issued a statement on the agency’s key achievements in the past couple of years. The update is part of a three-year strategy by the FCA to support financial services development while providing ample protection…. Read More

December 27, 2023 @ 2:17 pm By JD Alois  |  

Dalmore Group is a newer entry into the online capital formation world. A broker-dealer that specializes in exempt securities offerings, Dalmore leverages technology to help companies raise the money they need while allowing the company to maintain all of the data affiliated with the investment… Read More

December 27, 2023 @ 11:06 am By JD Alois  |  

Last November, OurCrowd announced the creation of the Israel Resilience Fund – launched following the terrorist attacks by Hamas. Israel is a top center of innovation and entrepreneurship, and OurCrowd is one of the leading investors in early-stage firms in Israel. The attacks upended the… Read More

December 27, 2023 @ 10:22 am By JD Alois  |  

SyndicateRoom, once an investment crowdfunding platform and now an early-stage fund offering, has distributed a note on its Access EIS fund and its activity during 2023. SyndicateRoom’s fund has been labeled as one of the most active early-stage funds in the UK. The fund is… Read More

December 27, 2023 @ 9:51 am By JD Alois  |  

The Hong Kong Monetary Authority (HKMA) has kicked off a public consultation on the issuance of stablecoins. Stablecoins are digital assets that are referenced to other assets. Typically affiliated with fiat currency, stablecoins may also be paired with other assets such as gold. Today, most… Read More