JD Alois

Verseon Creates Blockchain Subsidiary BlockRules. Launches Security Token Offering for Preferred Shares

Verseon (AIM: VERS), a California based clinical stage pharma company, is issuing preferred shares. The company is using its own blockchain based subsidiary BlockRules to sell the securities in a security token offering (STO) that seeks to be “one of the first global offerings backed… Read More

Bitbond Works with Bitgo on BaFin Approved Security Token Offering, Seeks €100 Million

Bitbond, an online lending platform, has launched one of Germany’s first Security Token Offerings (STO). The Bitbond STO has published a BaFin approved Prospectus in conjunction with the offering representing an important step in the validation of the emerging digital asset ecosystem. The Bitbond STO… Read More

Overstock Earnings: E-Commerce Delivers Loss but Blockchain Projects are “Some of the Most Significant and Cutting Edge in the World”

Overstock (NASDAQ:OSTK) has reported financial results for the quarter ended December 31, 2018. According to a release from the e-commerce/tech/blockchain firm, both top line revenue and profit declined for the quarter. Shares in Overstock dipped in pre-market trading. In a note to shareholders, CEO and… Read More

P2P Lender CrowdProperty Easily Crowdfunds on Seedrs, Easily Tops Minimum Goal

Peer-to-peer property lender CrowdProperty has launched an equity crowdfunding offer on Seedrs. The campaign has quickly topped the minimum target of £600,000 for a 3.68% equity stake in the platform. CrowdProperty has a pre-money valuation of £15.7 million. In 2017, CrowdProperty listed a pre-Series A… Read More

Basel Committee on Banking Supervision Issues Statement on Cryptocurrency

The Basel Committee on Banking Supervision (BCBS) has issued a statement on “crypto-assets” indicating their concern that new financial products related to crypto have the potential to increase the risks to banks who engage in digital or crypto assets. The BCBS was established by central… Read More

Crowdfunding Platform Bloomio Heightens Startup Scrutiny with Reviews by “Independent Experts”

Recognizing that most startups fail, Switzerland-based crowdfunding platform Bloomio says they are boosting their diligence and addressing “the biases that accompany in-house assessments of profits,” for companies raising capital on their platform. Bloomio reports they are working with a panel of “external, experts across 13… Read More

The Depository Trust & Clearing Corporation Provides Guidelines for Security Tokens and Post Trade Responsibilities

The Depository Trust & Clearing Corporation (DTCC) has published guidelines on security tokens and post trade responsibilities. The issuance of these guiding principles are an important step in the utilization of the issuance and ongoing trading of blockchain based securities tokens or crypto assets. DTCC… Read More

StartEngine’s Reg A+ Self Crowdfunding Offering is Now Live. Invest by Credit Card up to $10K

StartEngine, a leading full-stack crowdfunding platform is in the first full week of a self crowdfunding round using Reg A+. StartEngine previously raised $5 million in 2018 using Reg A+. The offer seeks up to $9,000,000 from the sale of Common Stock and $1,000,000 from… Read More

Consultation: Malaysia Seeks Feedback on Proposed ICO Framework

The Securities Commission Malaysia (SC) has published a consultation on a framework for Initial Coin Offerings (ICOs). The SC is one of many financial regulators that are seeking to better understand digital assets while investigating potential regulatory environments to create an effective ecosystem. The SC… Read More

Canadian Securities Administrators Open Consultation on Proposed Crypto Trading Ecosystem

Canada has joined a growing group of financial regulators seeking input on creating a regulatory compliant ecosystem for trading digital assets. Posted this week, the Canadian Securities Administrators (CSA), the group that represents all of the provincial regulators, posted a consultation in partnership with the… Read More

SEC Schedules Fintech Forum, Including Digital Assets, for May

The Securities and Exchange Commission (SEC) has scheduled a public forum focusing on distributed ledger technology (DLT or blockchain) and digital assets (or crypto assets). Topics will include initial coin offerings (ICOs), digital asset platforms, DLT innovations, and how these impact investors and the markets…. Read More

Switzerland: FINMA Adjusts Sandbox, Fintech Licenses

The Swiss Financial Market Supervisory Authority (FINMA) has published a set of adjustments regarding their policy for their Fintech License and Sandbox structure. In June of 2018, the Swiss parliament introduced a new licensing category for Fintech companies. The following August FINMA launched a consultation… Read More

OurCrowd Portfolio Company Zebra to Collaborate with HealthNet Global

HealthNet Global (HNG), part of the Apollo Hospitals Group, India and Zebra Medical Vision, an AI Imaging software company, have announced a new collaboration that will focus on validating and deploying AI-based tools at scale across India. The Apollo Hospitals Group is Asia’s largest and… Read More

Israel Securities Authority Outlines Recommended Regulatory Approach for Digital Assets

Last week, a committee at the Israel Securities Authority (ISA) investigating the applicability of regulation pertaining to initial coin offerings (ICOs) and digital assets submitted their final report. The Committee was first established in August of 2017 during the height of the ICO boom. The… Read More

Katipult Powers New Singapore based Crowdfunding Platform Launched by JV Between Carrington Group and RHT

Katipult Technology Corp. (TSXV:FUND and FRA:K10) a software provider for online investment platforms has helped to launch a new crowdfunding platform Carrington RHT Wealth. The platform is a joint venture (JV) between Singapore based RHT Wealth, an advisory firm, and US-based Carrington Group. RHT Group offers professional… Read More

Tokenise Announces First Security Token Offering KABN

Tokenise, a UK based security token offering platform which is regulated by the Financial Conduct Authority, has announced the issuance of their first STO – KABN.  The company is a Gibraltar based financial service platform that is developing a suite of financial service products. These… Read More

Insurtech: Assurely Partners with AXA to Provide Insurance on STO Investments, Investment Crowdfunding

Insurtech Assurely has partnered with AXA XL, a division of AXA, on a new insurance product for issuers and investors pertaining to online capital formation. The new product seeks to safeguard investments in security token offerings (STOs) and traditional investment crowdfunding offerings. Assurely reports that… Read More

Colorado Governor Jared Polis Signs Blockchain Friendly Digital Token Act into Law

Governor Jared Polis of Colorado signed the Colorado Digital Token Act into law last week. The legislation is designed to provide limited exemptions from the securities registration and securities broker-dealer and salesperson licensing requirements for persons dealing in digital tokens and cryptocurrencies. According to the… Read More

Deutsche Borse Partners with Swisscom and Sygnum on Digital Asset Ecosystem

Deutsche Börse, Swisscom and Sygnum are partnering on the creation of a “trusted digital asset ecosystem” to build a platform to provide digital asset issuance, liquidity and banking services. The partnership is indicative of the growing acceptance by mainstream finance regarding the potential of distributed… Read More

Kayak of Crypto Totle Crowdfunds on Republic

Totle, a crypto focused startup, is raising capital on Republic – a traditional and digital asset crowdfunding platform. Totle is described as the “Kayak” of crypto as it provides a single API to access the leading decentralized exchanges and decentralized exchange protocols. Republic prides itself… Read More

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