July 20, 2018 @ 7:58 am By JD Alois  |  

As was expected – the “JOBS and Investor Confidence Act of 2018,” also being branded as the JOBS Act 3.0, passed the House this week in a nearly unanimous act of legislation that rarely happens on Capitol Hill. The bill is actually a compendium of… Read More

July 19, 2018 @ 8:45 pm By JD Alois  |  

Is EOS the hottest thing in crypto since Bitcoin? I don’t know, but EOS creator Block.One raise a ton of money in their ICO and now that they have sufficient traditional money they are executing on their vision of being the next big thing in… Read More

July 19, 2018 @ 5:58 pm By JD Alois  |  

Binance, one of the largest cryptocurrency exchanges in the world, is backing the Malta Stock Exchange Fintech Accelerator Program. An exact amount of funding was not provided. The “MSX Fintech  Accelerator” will promote an ecosystem that supports and mentors Fintech startups including those geared towards… Read More

July 19, 2018 @ 4:19 pm By JD Alois  |  

StartEngine. a full stack crowdfunding platform including ICOs, is now accepting Bitcoin. StartEngine becomes the first FINRA approved Reg CF funding portal to accept cryptocurrency from investors. The addition of Bitcoin is just further indication of the merging of the two sectors of more traditional… Read More

July 19, 2018 @ 3:40 pm By JD Alois  |  

tZero, a subsidiary of Overstock (NASDAQ:OSTK) has extended its ongoing security token offering for individual investors until August 6, 2018. The announcement was shared in an email signed by tZero CEO Saum Noursalehi. tZero indicated the move to extend the offering was due to ongoing… Read More

July 19, 2018 @ 2:01 pm By JD Alois  |  

While John McAfee was first known as a trailblazer in the anti-virus / anti-malware software industry, he has had a bit of a renaissance of sorts in the cryptocurrency realm. Never one to mince his words, via his twitter account McAfee stated he sees a… Read More

July 19, 2018 @ 10:30 am By JD Alois  |  

Germany base Neufund has announced an extended partnership with Binance and the Malta Stock Exchange that is predicted to become the first “end to end primary issuance platform” for security tokens. The partnership will enable the issuance and secondary trading of blockchain based securities while… Read More

July 19, 2018 @ 9:51 am By JD Alois  |  

In a filing with the Securities and Exchange Commission (SEC), Taiwan Semiconductor, the world’s largest dedicated semiconductor foundry, issued a statement that indicated a decline in cryptocurrency mining affiliated revenue as it backed off of expectations for later in 2018. Lora Ho, SVP and Chief… Read More

July 19, 2018 @ 9:00 am By JD Alois  |  

P2Binvestor (P2Bi) has formed a new partnership with Amalgamated Bank to allow businesses a new way to access growth capital. Amalgamated Bank is described as a “socially responsible bank” which is based in New York. Amalgamated  recently acquired New Resource Bank – a financial firm that already… Read More

July 19, 2018 @ 8:48 am By JD Alois  |  

Raize, a peer to peer lender, became the first initial public offering out of Portugal this week since 2014. The small cap online lender IPOed at €2.00 yesterday (July 18th) having gained 1400 new shareholders. Trading on the Euronext Access exchange under ticker MLRZE shares increased the… Read More

July 18, 2018 @ 10:45 pm By JD Alois  |  

Digital Asset, a blockchain or distributed ledger (DLT) technology provider, has signed up Tony James, Executive Vice Chairman of Blackstone, AG Gangadhar, former engineering executive at Amazon, Google and Uber, and Stephan Leithner, Executive Board Member of Deutsche Börse Group, to its board of directors. Founded… Read More

July 18, 2018 @ 6:31 pm By JD Alois  |  

The Monetary Policy Subcommittee, part of the House Financial Services Committee, held a hearing today addressing the emerging world of cryptocurrencies. Over the past several months, several Congressional committees have held similar hearings as policy makers seek to better understand crypto and perhaps hinder, or… Read More

July 18, 2018 @ 1:59 pm By JD Alois  |  

FundAmerica, a securities escrow software provider that is widely used in the crowdfunding industry, has been sold to Prime Trust. The acquisition was revealed in an email by CEO and founder of FundAmerica Scott Purcell who is also the CEO and Chief Trust Officer of… Read More

July 18, 2018 @ 8:32 am By JD Alois  |  

The current definition of an accredited investor is a profound act of disenfranchisement. Policy makers decision to segregate investors based solely on how much money they have is a myopic, discriminatory act of rulemaking. The punitive definition of an accredited investor has been in place… Read More

July 18, 2018 @ 7:43 am By JD Alois  |  

Wistia, a video software company for small and medium-sized businesses, has chosen a path less traveled by turning their back on VCs and other investors. Chris Savage, CEO and co-founder of Wistia, says when they started the company over a decade ago, the goal was to… Read More

July 18, 2018 @ 7:04 am By JD Alois  |  

Online lender OnDeck (NYSE:ONDK), has closed on two asset backed credit facilities totaling nearly $100 million. One in the amount of AUD 75 million with Credit Suisse, and another for CAD 50 million with Crédit Agricole, The two facilities will finance loan originations in Australia… Read More

July 17, 2018 @ 7:43 pm By JD Alois  |  

The JOBS and Investor Confidence Act (HR 6380), also called JOBS Act 3.0, is a grouping of 32 business friendly bills put together in a bipartisan effort to actually get something done. House Financial Services Committee Chair Jeb Hensarling stated; “Without a steady stream of small… Read More

July 17, 2018 @ 6:54 pm By JD Alois  |  

The House Agricultural Committee is the next contingency in Congress to schedule a hearing on cryptocurrencies. The hearing entitled “Cryptocurrencies: Oversight of New Assets in the Digital Age” is scheduled to take place tomorrow, at 10AM ET (Wednesday, July 18, 2018), in the Longworth House Office Building…. Read More

July 17, 2018 @ 4:50 pm By JD Alois  |  

In a profound act of bipartisanship, Representative Jeb Hensarling, Chairman of the powerful House Financial Services Committee, and Representative Maxine Waters, ranking member on the Committee, have joined together on a series of bills that are designed to “help America’s small businesses and entrepreneurs and to… Read More

July 17, 2018 @ 3:41 pm By JD Alois  |  

Tripoint Global, a boutique investment bank based in Manhattan, and its online capital formation platform Banq – have been leaders in the Reg A+ crowdfunding space since the beginning. When the  rules were quite new, Mark Elenowitz, CEO of Tripoint, was quick to recognize the potential… Read More