February 8, 2022 @ 11:16 am By JD Alois  |  

NFTGo.io, an NFT data analytics platform, has raised $6.75 million in a pre-Series A round, according to a statement from the company. The funding round was led by Qiming Venture Partners, with participation from SeaX Ventures, Youbi, Circle, Altonomy, Zonff Partners, Hash Global, and mask.io…. Read More

February 8, 2022 @ 11:02 am By JD Alois  |  

  Apple (NASDAQ:AAPL), the largest public company in the world and creator of the ubiquitous iPhone, says that later this year it will begin allowing merchant payments directly on the iPhone. This will position Apple as a competitor with other merchant payment providers while potentially… Read More

February 7, 2022 @ 10:56 pm By JD Alois  |  

The House Committee on Financial Services will hold a virtual hearing tomorrow (February 8) with a single witness scheduled to testify. The hearing entitled, “Digital Assets and the Future of Finance: The President’s Working Group on Financial Markets’ Report on Stablecoins” will involve the testimony… Read More

February 7, 2022 @ 8:22 pm By JD Alois  |  

Sequoia Capital India has led a $450 million funding round for Polygon. Polygon is a platform for Ethereum scaling and infrastructure development. The company reports widespread adoption with 7,000+ applications hosted, 1B+ total transactions processed, approximately 130 million unique user addresses, and over $5 billion… Read More

February 7, 2022 @ 5:32 pm By JD Alois  |  

Dating or Defrauding. Catfishing has become a thing in the online dating world. While at times, Catfishing may be as simple as using a photo that does not represent the person in question at all, in some instances it has been taken to an extreme… Read More

February 7, 2022 @ 5:04 pm By JD Alois  |  

The SEC Small Business Capital Formation Advisory Committee will hold a meeting later this week (February 10) where it will address an important topic when it comes to access to capital for early-stage firms. Following an update from the Advocate for Small Business Capital Formation,… Read More

February 7, 2022 @ 4:02 pm By JD Alois  |  

Blockchain platform Aleo has raised a huge $200 million Series B funding round that delivered a valuation of $1.45 billion. The funding was led by Kora Management LP and SoftBank Vision Fund 2, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next, and… Read More

February 7, 2022 @ 3:11 pm By JD Alois  |  

Vivid Money has raised €100 million in Series C funding at a valuation of €775 million (USD $887 million) more than double its prior valuation when the company raised capital in the spring of 2021. The funding round was led by Greenoaks Capital with the… Read More

February 7, 2022 @ 2:52 pm By JD Alois  |  

Curzio Equity Owners digital security has started trading on tZERO ATS, a digital marketplace for digital assets. The shares represent preferred equity in Curzio Research, a newsletter founded by Frank Curzio that aims to provide market analysis and investing advice. Alan Konevsky, tZERO Interim Chief… Read More

February 7, 2022 @ 11:05 am By JD Alois  |  

Global Kitle Fonlama Platformu A.Ş., parent company of crowdfunding platform fonbulucu, reports that it has raised €1 million in growth capital. The funding was provided by Efe Duran Sarıkaya, the founder of Germany-based Kloepfel Consulting Company purchasing a 10% ownership stake. The company says that Efe… Read More

February 7, 2022 @ 10:38 am By JD Alois  |  

Wirex, a digital payments platform with over 4.5 million customers across 130 countries that incorporates crypto, has expanded its services into the United States, according to a company statement. Wirex states that after partnering with Zero Hash, Checkout.com, Visa, and Sutton Bank, it has begun… Read More

February 7, 2022 @ 10:24 am By JD Alois  |  

FTX, a fast-growing digital asset marketplace, has posted “key principles” to ensure investor protection. FTX operates globally but has a US-facing marketplace for crypto trading. Federal regulators are poised to add new regulations for platforms that engage in digital asset trading and SEC Chairman Gary… Read More

February 7, 2022 @ 9:06 am By JD Alois  |  

Chip, a savings and investment app that is authorised by the UK FCA as a payments provider, has added Crypto Companies Fund to its list of available funds for its users. While not offering direct crypto trading, Chip is providing a path for adding crypto… Read More

February 6, 2022 @ 7:12 pm By JD Alois  |  

In Australia, the market cap of all crowdfunded companies topped $1 billion in 2021, according to the leading securities crowdfunding platform Birchal. The report states that the value of all crowdfunded companies doubled in 2021 in comparison to 2020. In Australia, securities crowdfunding is labeled… Read More

February 6, 2022 @ 5:55 pm By JD Alois  |  

FinTech Australia, the national association advocating on behalf of the Fintech industry, has appointed Andrew Porter as CEO. According to a statement by the group, Porter has more than twenty years of experience in financial services including in the innovation sector at payments firms OFX,… Read More

February 5, 2022 @ 12:26 pm By JD Alois  |  

Yesterday, the US Department of Treasury issued a statement on illicit activity in the “high-value art market.” More specifically, activities that include money laundering and terrorist financing risks. The study found that while there is some evidence of money laundering risk in the high-value art… Read More

February 4, 2022 @ 10:08 am By JD Alois  |  

Earlier this week, the European Securities and Markets Authority (ESMA) published an updated Q&A on the pan-European crowdfunding rules. Updated rules, called European Crowdfunding Service Providers Regulation (ECSPR), became actionable last November but questions remain and European member states are still sorting things out. To help… Read More

February 3, 2022 @ 6:24 pm By JD Alois  |  

The Federal Reserve of Boston and the Massachusetts Institute of Technology (MIT) have published a whitepaper on the possibility of a central bank digital currency or CBDC. The document has been anticipated for some time as the collaboration was announced in 2020. The initiative has… Read More

February 3, 2022 @ 4:00 pm By JD Alois  |  

Masterworks has been in operation for a couple of years now (2019) but when the art-oriented investment crowdfunding platform raised a whopping $110 million at over a billion-dollar valuation, the world of online capital formation took notice. The Series A was led by Left Lane… Read More

February 3, 2022 @ 11:01 am By JD Alois  |  

Arca, a compliant digital asset manager, has announced that it has closed its NFT fund, raising $50 million. The fund was said to be oversubscribed and access was limited to existing Arca LPs. In a release, Arca said the NFT fund joins a growing number… Read More