Investment Platforms and Marketplaces

December 23, 2022 @ 11:17 am By JD Alois  |  

OKX, one of the largest crypto exchanges in the world, has published its Proof of Reserves (PoR) for the second time. OKX says this is part of its commitment to transparency, adding that it plans to publish PoR each month on the 22nd.  Following the… Read More

December 21, 2022 @ 11:57 pm By Omar Faridi  |  

Investment figures and origination numbers dipped “slightly” in November, according to an update from Bondora. Investors added just shy of €14M to their accounts, Bondora revealed. And a total of just over €14M was “originated in loans across all [their] active markets.” Although they decreased,… Read More

December 21, 2022 @ 12:03 pm By Omar Faridi  |  

The team at Binance is pleased to announce that they have joined the Chamber of Digital Commerce, a blockchain and cryptocurrency trade association. Binance has joined the Chamber’s Executive Committee in order “to move the blockchain industry forward alongside other industry players.” Binance VP of… Read More

December 21, 2022 @ 11:58 am By JD Alois  |  

SeedBlink, a co-investment platform, says it has raised €150 million in funding since its launch in 2019. In Bulgaria, its home market, SeedBlink reports having raised €2.69 million since launching domestically. SeedBlink claims more than 200 investment partners, including Bulgarian Eleven Ventures, LAUNCHub Ventures, Silverline… Read More

December 20, 2022 @ 3:11 pm By JD Alois  |  

DealMaker, recognized as one of the fastest-growing private firms in Canada, has raised growth capital, according to a corporate statement. DealMaker, while based in Canada, offers services in the US as well as pursuing global markets. DealMaker is both a broker-dealer as well a tech… Read More

December 20, 2022 @ 11:59 am By JD Alois  |  

Sam Bankman-Fried is expected to be extradited to the US perhaps as early as this week, according to a report. The former CEO of bankrupt crypto exchange FTX was in court this week and is expected not to fight extradition from the Bahamas. Previously, it… Read More

December 20, 2022 @ 11:42 am By JD Alois  |  

In an understatement, Bitfinex’s CTO (as well as Tether’s) Paolo Ardoino, has labeled 2022 as the annus horribilis for crypto markets. From multiple bankruptcies, hacks, and regulatory challenges, the digital asset sector has had a challenging year. As it looks today, the path remains murky. Ardoino… Read More

December 20, 2022 @ 11:24 am By JD Alois  |  

StartEngine, one of the largest investment crowdfunding platforms in the US, reports that it has raised over $189 million in 2022. StartEngine offers securities mainly under Reg CF and Reg A+ but Reg D as well. According to a blog post, StartEngine claims to be… Read More

December 20, 2022 @ 6:40 am By Omar Faridi  |  

The British P2P market continues to steadily grow, but is “facing significant competition from continental players,” according to an update from Robo.cash. Against the background of the local market isolation after Brexit and the departure of a number of major players, the British P2P market… Read More

December 19, 2022 @ 9:07 pm By Omar Faridi  |  

The Saudi Central Bank (SAMA) recently announced the licensing of Manafa – a finance company specialized in debt-based crowdfunding in the Kingdom. Manafa is “a closed joint-stock company with a capital of SAR 40 million.” The license was granted to the company “after a successful… Read More

December 19, 2022 @ 9:21 am By JD Alois  |  

CoinShares International Limited (Nasdaq Stockholm: CS)(OTCQX: CNSRF), a European digital asset platform, has listed its shares on Nasdaq Stockholm’s main market. CoinShares was approved to trade its shares earlier this month with a prospectus published on December 14th. There was no capital raise with the… Read More

December 19, 2022 @ 8:47 am By JD Alois  |  

Voyager Digital, a crypto firm working its way through bankruptcy, is selling its assets to Binance US – the US facing subsidiary of global crypto exchange Binance. Voyager fell prey to the various crypto failures as it found itself on the wrong end of a… Read More

December 18, 2022 @ 11:18 pm By JD Alois  |  

Securities brokerage CGS-CIMB Singapore has enabled access to ADDX, a digital securities private market. Accredited investors may now access ADDX offerings on CGS-CIMB. Previously, CGS-CIMB mainly offered traditional securities. ADDX offers access to its listed deals via a plugin to simplify integration.  CGS-CIMB was one… Read More

December 17, 2022 @ 3:36 pm By Omar Faridi  |  

Digital asset firm Okcoin reveals that users can can now buy 10 additional tokens via their crypto trading platform – Badger Finance (BADGER), DYDX Exchange (DYDX), Ampleforth (FORTH), Kusama (KSM), Immutable X (IMX), Mask Network (MASK), Mina Protocol (MINA), Numeraire (NMR), Storj (STORJ), and 0x… Read More

December 17, 2022 @ 2:19 pm By JD Alois  |  

  The trifecta of legal action against Sam Bankman-Fried and the failure of FTX blossomed this past week as the US Attorney for the Southern District of New York filed criminal charges against Bankman-Fried. These charges were joined by civil charges filed by both the… Read More

December 17, 2022 @ 10:58 am By JD Alois  |  

Invesdor, a securities crowdfunding platform that aims to emerge as the dominant online capital formation company in Europe, has distributed a few new details on its pending merger with the Netherlands-based Oneplanetcrowd. As was reported last month, Invesdor Group announced the merger of the two… Read More

December 16, 2022 @ 12:50 pm By JD Alois  |  

Mazars, an international accounting firm, has pulled its proof of reserves report on Binance, according to multiple reports. Mazars apparently has halted all work on crypto platforms. Mazars has yet to issue a statement on its decision. Most recently, Mazars posted a Proof of Reserves… Read More

December 16, 2022 @ 10:58 am By JD Alois  |  

NYCE, a real estate investment platform, has listed its shares on Securitize – a digital securities platform. Over time, NYCE aspires to be the Robinhood of real estate. NYCE previously raised capital utilizing the Reg CF (Regulation Crowdfunding) exemption, offering investment opportunities on both Wefunder… Read More

December 16, 2022 @ 9:13 am By JD Alois  |  

Assetz Capital will exit its retail business and emerge as a lending platform completely funded by institutional money, according to an update posted on the company’s website. For observers of the peer-to-peer lending industry, the decision should come as no surprise. Assetz Capital has been… Read More

December 15, 2022 @ 5:08 pm By JD Alois  |  

FTX has filed a new document with the courts indicating its intent to sell multiple assets. FTX CEO John J. Ray, III, stated earlier this week his intent to sell certain assets as it moves to recoup funds in the bankrupt operation. Included on the… Read More