April 14, 2021 @ 10:21 pm By JD Alois  |  

Coinbase, perhaps the most anticipated public listing of 2021, commenced trading on the Nasdaq today following a direct listing that started with a reference per-share value of $250 and quickly went higher from there. Listed under the ticker symbol COIN, Coinbase traded as high as… Read More

April 14, 2021 @ 3:21 pm By JD Alois  |  

In a floor vote yesterday, the US Senate approved the selection of Gary Gensler as the next Chairman of the Securities and Exchange Commission. The current SEC Commissioners joined in welcoming the new Chair stating: “A warm congratulations to Gary Gensler on his Senate confirmation… Read More

April 14, 2021 @ 10:02 am By JD Alois  |  

Manuel Silva Martinez, General Partner of Mouro Capital (formerly Santander InnoVentures), has distributed a note on Bitcoin and the environmental impact of the world’s most popular crypto. Martinez is criticizing BTC just as it rockets to new all time highs – currently trading at around… Read More

April 14, 2021 @ 8:28 am By JD Alois  |  

Goldman Sachs (NYSE:GS) released Q1 earnings results this morning and the prominent investment bank delivered a beat on both top and bottom line. According to the release, Goldman’s revenue came in at $17.7 billion with net earnings at $6.84 billion or EPS of $18.6 during… Read More

April 14, 2021 @ 7:36 am By JD Alois  |  

SEC Commissioner Hester Peirce has posted an update to her Token Safe Habor proposal. Back in February 2020, Commissioner Peirce revealed her proposal in an effort to create a regulatory environment that supported Fintech innovation while acknowledging the unique characteristics of digital assets. Since the… Read More

April 13, 2021 @ 11:47 pm By JD Alois  |  

In a significant endorsement of the city, Goldman Sachs (NYSE:GS) has opened an office in Birmingham, UK – a community that has been promoting itself as an alternative to super pricey London. Goldman Sachs stated that Birmingham offers access to a deep talent pool, excellent… Read More

April 13, 2021 @ 10:38 pm By JD Alois  |  

Online lender SocietyOne has appointed Melanie Cochrane and Jamie McPhee as independent non-executive Directors. Cochrane is a former Senior Vice President at American Express, where she led the Merchant Services business for the Asia Pacific region and, prior to that, Corporate Payments. McPhee has extensive… Read More

April 13, 2021 @ 12:27 pm By JD Alois  |  

The Cere token offering on Republic has quickly hit its max funding target of $26.3 million according to the offering page. The security token offering reportedly went live at 10 AM ET this morning to intense demand – investor interest was so robust it was… Read More

April 13, 2021 @ 12:07 pm By JD Alois  |  

As the entire crypto-sphere knows, Coinbase will complete an initial public offering (IPO) this week (April 14) in a direct listing on Nasdaq. Trading under the ticker symbol of COIN, Coinbase’s share float is perhaps the most anticipated listing of 2021 representing the maturity of… Read More

April 13, 2021 @ 10:28 am By JD Alois  |  

Republic’s Cere token offering kicked off mere minutes ago but it appears that Republic may have underestimated demand. The website is posting a Cloudflare notice that indicates tens of thousands of people are waiting to access the site. Republic anticipated a strong response to the… Read More

April 13, 2021 @ 10:11 am By JD Alois  |  

Insurtech Vericred has raised $23 million in a Series B funding round led by Aquiline Technology Growth in an offering that was said to be oversubscribed. Vericred describes itself as kind of like Plaid but for insurance.  Its API platform connects the health insurance and… Read More

April 13, 2021 @ 9:51 am By JD Alois  |  

Marketplace lending platform Assetz Capital is looking to boost loan originations in 2021 with a new bridge loan product. According to the Fintech, the lending product will have a 0.65% interest rate for bridge loans from £150,000 to £5 million with LTVs to 75% and terms… Read More

April 13, 2021 @ 9:00 am By JD Alois  |  

Wage, has closed on a $5 million funding round led by Google’s AI-focused venture fund, Gradient Ventures. Wage is an open banking software solution that securely shares payroll data with third parties. Beyond Gradient Ventures, follow-on investment came from 8VC, Pear Ventures, Bloomberg Beta, CoFound… Read More

April 13, 2021 @ 8:56 am By JD Alois  |  

Time Magazine will hold Bitcoin on its balance sheet and perhaps pay some people in BTC in a new partnership with Grayscale. This is according to a tweet by Michael Sonneshein, CEO of Grayscale.   Thrilled @Grayscale is partnering w/ @TIME on a new video… Read More

April 12, 2021 @ 10:57 pm By JD Alois  |  

Accelerating Asia has announced the fourth cohort of its flagship 100-day program for pre-Series A startups. According to a release, the 11 startups have raised over S$6 million coming into the program. The 11 new portfolio companies cover ten verticals and include companies from Singapore,… Read More

April 12, 2021 @ 4:57 pm By JD Alois  |  

The Cere token offering will launch on Republic Crypto tomorrow,  commencing at 10 AM ET, according to the crowdfunding platform. Called an “industry first’ Cere Network is hosting the Cere public sale across three unique listing platforms including DAO Maker and Polkastarter – but Republic… Read More

April 12, 2021 @ 3:20 pm By JD Alois  |  

Coming off the heels of a report that some Goldman Sachs (NYSE:GS) junior bankers are fed up with extreme workloads, a new report claims that workers at Marcus, the digital banking subsidiary of Goldman, are exiting the firm due to the long workdays and intense deadlines… Read More

April 12, 2021 @ 12:49 pm By JD Alois  |  

Blockchain Coinvestors, a fund-of-funds and co-investment program, says their second fund (Fund II) has closed in an oversubscribed offering of $26.9 million. Demand came from institutional money, family offices as well as individual investors. Assets under management are said to now total $75 million. Matthew… Read More

April 12, 2021 @ 12:17 pm By JD Alois  |  

Earlier this month, Coinbase announced that its filing with the Securities and Exchange Commission (SEC) to list its shares on the Nasdaq, under ticker symbol COIN, had been approved. The public listing of Coinbase will thus represent a seminal event in the digital asset industry…. Read More

April 12, 2021 @ 11:42 am By JD Alois  |  

Creditshelf, an online lender serving SMEs in Germany, says it experienced its best quarter in company history. During Q1 2021, creditshelf said it increased its arranged loan volume by 224% to € 37.6 million versus Q1 2020 of € 11.6 million. Growth came from both… Read More