June 27, 2018 @ 1:39 pm By JD Alois  |  

  OpenFinance Network is scheduled to officially launch tomorrow (June 28th, 2018). The platform is geared to operate as a security token trading platform working in concert with brokerages, custodians, transfer agents, and more. The site claims it will enable investors to buy, sell, manage,… Read More

June 27, 2018 @ 11:22 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has issues an “Order of Suspension of Trading” for Evolution Blockchain Group, Inc. The firm was trading on OTC Link, previously labeled pink sheets.  Evolution Blockchain is a Nevada corporation trading under the ticker symbol EVBC. The SEC cited; “(1)… Read More

June 27, 2018 @ 11:09 am By JD Alois  |  

KoreConX, a platform to manage businesses capital market activity and stakeholder communications, has announced the “KoreToken Protocol” for securities tokens that said to be fully compliant throughout the lifecycle of the security. Recognizing the market has not established a protocol that caters to the life… Read More

June 27, 2018 @ 7:23 am By JD Alois  |  

Joshua Ashley Klayman, a well known name in the digital token sale / blockchain industry, has departed Morrison & Foerster LLP to launch her own boutique law firm targeting the industry she has been intimately engaged with for the past few years. Announced today, Klayman LLC… Read More

June 27, 2018 @ 7:18 am By JD Alois  |  

Global financial services firm ING is out with an interesting report on cryptocurrency. Partnering up with Ipsos to create Cracking the Code on Cryptocurrency, ING surveyed much of Europe to gain insight into this emerging sector of finance. According to the research; 66% of individuals… Read More

June 27, 2018 @ 6:31 am By JD Alois  |  

The Bank of England has just issued its most recent Financial Stability Report. Of course, the Bank has its hands full right now with the Brexit drums pounding. It’s all hands on deck to assure nothing cataclysmic occurs when the European divorce is finalized. There… Read More

June 27, 2018 @ 6:04 am By JD Alois  |  

Jointer is claiming to be the first security token platform for the real estate market. Currently, there is a lot of talk about blockchain enabling the securitization of real estate offerings making it simpler for issuers and simpler for investors to participate in the asset… Read More

June 27, 2018 @ 5:04 am By JD Alois  |  

Portuguese peer-to-peer lender Raize has announced an initial public offering (IPO) where it will float 15% of the company’s shares. An additional 10% of shares will be made available for a period of 6 months once trading starts on the 18th of July – trading… Read More

June 27, 2018 @ 4:49 am By JD Alois  |  

4finance Group S.A., one of the largest online lenders in Europe, has appointed Oyvind Oanes as Group CEO. Oanes will step into the role on August 1, 2018 succeeding current CEO Mark Ruddock, who will return to the Group’s supervisory board. Ruddock said that over the… Read More

June 26, 2018 @ 3:31 pm By JD Alois  |  

Facebook has done an about face on their initial coin offering advertising ban – at least for a lucky few pre-approved platforms and exchanges. It appears that Facebook is recognizing the fact these are regulated securities and thus quite similar to other investment offers. Facebook… Read More

June 26, 2018 @ 2:07 pm By JD Alois  |  

Last week, Neufund, a blockchain based platform for the issuance of security tokens, announced the very first  companies were preparing to tokenize their equity using their service. These “equity token offerings” or “ETOs”, as referenced by Neufund, were said to be compliant within German securities… Read More

June 26, 2018 @ 9:30 am By JD Alois  |  

This may be a harbinger of things to come. StraightUp,  an online real estate investment platform, has merged with Slice. The is to combine real estate investment opportunities via a blockchain enabled platform thus boosting transparency, liquidity, and efficacy of transactions. The two companies said… Read More

June 26, 2018 @ 7:44 am By JD Alois  |  

Max Bense has joined collectAI – a digital receivables management company and part of the Otto Group. collectAI recently announced a partnership with Hanseatic Bank, a subsidiary of Société Générale, and has officially launched in the UK this spring. collectAI provides AI-based receivables services, covering the… Read More

June 26, 2018 @ 7:16 am By JD Alois  |  

Unison Home Ownership Investors has closed on a $40 million Series B led by F-Prime Capital, with participation from Citi Ventures and Royal Bank of Canada. Unison said that as part of the funding, David Jegen, of F-Prime Capital, will join Unison’s board of directors…. Read More

June 26, 2018 @ 6:22 am By JD Alois  |  

Two years after an expansion into Italy, Younited Credit is reporting having topped €100 Million in loans. The online lender says that today 40% of its credit activity is outside its base in France. “Many start-ups are embarking on European and global development ambitions, but international… Read More

June 25, 2018 @ 6:27 pm By JD Alois  |  

Andreessen Horowitz, perhaps the most prominent VC in the world, has gone crypto. In a blog post today, Chris Dixon,  a general partner at Andreessen Horowitz, announced the a16z crypto venture fund backed with $300 million of fiat currency. Dixon said the new venture fund will… Read More

June 25, 2018 @ 12:26 pm By JD Alois  |  

Last week, LendingCrowd CEO and cofounder Stuart Lunn published a pointed blog post addressing recent changes to the “operating principles” as set forth by the UK Peer to Peer Finance Association (P2PFA). LendingCrowd is currently not a member of the P2PFA. Lunn stated in the post;… Read More

June 25, 2018 @ 7:34 am By JD Alois  |  

Fintech Blackmoon says it has “solved” the crypto challenge by creating investment solutions that combine a simple strategy, returns superior to Bitcion and low fees. Today, Blackmoon has announced the launch of three different crypto indices accessible via asset tokens on the Blackmoon platform. Blackmoon… Read More

June 25, 2018 @ 7:01 am By JD Alois  |  

Fintechs Banco BNI Europa and Raisin have furthered the collaboration between the two firms. Banco BNI Europe says it has entered into a cooperation to allow Portuguese savers to gain access to the best savings rates available from across Europe. BNI Europa Executive Chairman Pedro… Read More

June 25, 2018 @ 6:31 am By JD Alois  |  

On June 14th, EOS (or BlockOne) announced that the EOSIO Network was now live on the mainnet. The launch has not been without a hiccup or two. Soon after launch, reports hit about EOS freezing.  EOS is moderated by “Block Producers or BPs. These are the… Read More