JD Alois

Multiple Funding Portals Enlist Vertalo as Digital Transfer Agent as Improvements to Reg CF Near

Vertalo, a digital transfer agent has signed agreements with multiple FINRA regulated funding portals that issue securities under Reg CF (Regulation Crowdfunding). According to a statement from Vertalo, Netshares, Fundopolis, FundersUSA, Infrashares, and Raise Green have each agreed to use the Vertalo service. The agreements… Read More

CoPeace Selects Blockchain Powered Equa for Equity and Transfer Management

CoPeace, has selected blockchain-based Equa for its investor relations service including equity and transfer management. CoPeace is building a portfolio of for-profit companies that target social and environmental impact. CoPeace announced a Reg CF offering last year listed on Wefunder. CoPeace currently is promoting a… Read More

HANetf Says AUM Tops $2 Billion Up 85% Since Start of Year Aided by Bitcoin ETF

HANetf, described as Europe’s first full-service white label UCITS ETF issuer, says it has topped $2 billion in assets under management (AUM) as of last week. HANetf reports that it now has an AUM of £2.22 billion – a whopping increase of 85% since the… Read More

OakNorth Bank Reports £5.6 Million Loan to Convert Vacant Pub and Hotel to Mixed Use

OakNorth Bank says it has completed a £5.6 million loan to convert vacant pub and hotel, Antigallican Hotel, in Charlton into a mixed-use building with 60 studio apartments. The loan was made to Gallican Investments Limited, which is led by the team behind Dandi founded… Read More

Assetz Capital Originates £5 Million Development Loan via CBILS for Forge Care said to Create 80 New Jobs

Assetz Capital says it has originated a loan via the Coronavirus Business Interruption Loan Scheme (CBILS) to a specialist residential childcare development that has created 80 jobs in Warwickshire. According to the peer-to-peer lender, a £5 million development loan has been provided to Forge Care,… Read More

Former Bank of England Governor Mark Carney Joins Board of Stripe

Mark Carney, the former Bank of England Governor, has joined Stripe’s board of directors. Carney joins the board in advance of a new funding round that is said to value the Fintech at between $70 to $100 billion, according to reports. In early 2020, Stripe… Read More

Call to Action: Senate Banking Committee Member Requests Proposals to Boost Economic Growth, Capital Formation

Senate Banking Committee Ranking Member Pat Toomey has issued a request for proposals to help foster economic growth and capital formation. The proposal may end up as legislation that is designed to increase economic growth and job creation. Senator Toomey stated: “I am announcing this… Read More

Zilliqa Invests in XCADEMY, Plans Blockchain Based Influencer Economy

High-performance blockchain ecosystem Zilliqa has invested in XCADEMY, described as an online and mobile YouTube academy. The investment is part of a partnership where Zilliqa and XCADEMY plan a blockchain-based influencer economy, allowing content creators to monetize their content and incentivize user engagement by tokenization…. Read More

Brickowner Launches Secondary Market for Property Investments

Brickowner, a property investment platform, has launched a secondary market for securities purchased on their site. Investors may now buy and sell their securities for properties funded on the Brickowner platform. The London-based investment site said this brings liquidity to investments that originated on their… Read More

S&P: Short Interest in US Stocks Drop Following Gamestop/Reddit Drama

The attack of the retail investor targeting highly shorted stocks is causing institutional money to exit short positions, according to a report by S&P Global Market Intelligence. As has been widely reported, certain subreddits helped fuel trading in shorted shares where retail investors purchased stakes… Read More

Blockchain Focused ETF Tops $1 Billion in Assets

The Amplify Transformational Data Sharing ETF (NYSE: BLOK) has surpassed $1 billion in assets under management, according to a release distributed by Amplify. BLOK is actively-managed by ETF sub-adviser Toroso Investments, LLC BLOK is described as an actively-managed ETF comprised of companies involved in blockchain… Read More

Escape From Silicon Valley: Report Highlights Departures from San Francisco and New York. Heading to Miami?

The confluence of an ongoing pandemic, social strife, high taxes, and governments that are anti-business, has compelled a good amount of people to depart San Francisco and New York for South Florida and other locales. A recent report looks to provide additional insight into the… Read More

Monzo and TrueLayer Partner on Gambling Block Powered by Open Banking

Earlier this week it was reported that Monzo was asking the UK government to make available gambling blocks for everyone. Monzo said that around two million people in Britain are experiencing harm caused by gambling. Today it was announced that Monzo and TrueLayer are partnering… Read More

LendInvest Offers New 5 Year Fixed BTL Product with Lower Rates

LendInvest, a digital property finance platform, has issued a new range of Buy-to-Let products. The Fintech says it has reduced rates across its five-year fixed rate BTL range, with its 65% LTV product now available at 3.29% with a maximum loan of £1.5 million. Additionally,… Read More

loanDepot Reports Q4 Record Revenue of $4.3 Billion, Net Income of $2 Billion

Following its initial public offering, online mortgage lender loanDepot (NYSE:LDI) is out with Q4 earnings. According to a company statement, loanDepot generated record revenue, as well as earnings as top-line numbers, came in at $4.3 billion generating $2 billion of net income. Shares in loanDepot… Read More

Here is the Robinhood Letter to Senator Warren Explaining Why it Restricted Trading in GameStop Shares

As the House Financial Services Committee prepares for its first of three hearings to investigate the Robinhood/GameStop/Reddit odyssey additional information continues to be distributed. Yesterday, Senator Elizabeth Warren, who sits on the Senate Banking Committee, posted a comment regarding a letter she sent to Robinhood… Read More

Gamestop – Robinhood Testimony Out as House Committee on Financial Services Preps for First of Three Hearings

The House Committee on Financial Services will hold the first of three hearings on the Gamestop – Robinhood saga that saw hedge fund short sellers compelled to sell positions in a short squeeze driven by collaborative trading that was organized on Reddit. Entitled, “Game Stopped?… Read More

SEC Charges Coinseed with Registration Violations in Regards to Digital Assets

The Securities and Exchange Commission has announced charges against Coinseed and its co-founder and CEO, Delgerdalai Davaasambuu, in connection with Coinseed’s offer and sale of digital asset securities. According to Coinseed’s website, the company offers Apps on both the Apple App Store as well as… Read More

US Department of Justice Outlines Thefts Performed by North Korean Hackers, Involved Over $1.3 Billion of Money and Cryptocurrency

The US Department of Justice has announced an indictment of three North Korean hackers said to be involved with the Korean military regarding   to cyberattacks and financial including theft of money and cryptocurrency.  The indictment is an expansion of a 2018 case outlining similar nefarious… Read More

First Digital Securities Issuance Platform Simetria Receives No Action Letter from Israel Securities Authority

Simetria has received a no-action letter from the Israel Securities Authority. Simetria says it will launch the first digital securities offering platform at some point in May 2021. Simetria added that it has also requested a permit that would allow it to settle digital securities… Read More

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