Investment Platforms and Marketplaces

July 19, 2022 @ 8:12 am By Omar Faridi  |  

The team at Mintos has shared their latest Insight report, which is their monthly publication that summarizes what’s been happening on their platform, including wider market updates, educational topics, and other pertinent information. During the last 6 months, the dynamics of the investment market “have… Read More

July 18, 2022 @ 10:27 pm By JD Alois  |  

Celsuis held its first hearing in bankruptcy court, publishing a presention that highlights the grim decline in value of its crypto holdings in just a few weeks. According to a presentation, as of March 30, 2022, Celsius helld over $22 billion in assets. That amount… Read More

July 18, 2022 @ 10:07 pm By JD Alois  |  

Investment crowdfunding in Australia grew by 82% in the first 6 months of the year, according to the leading platform Birchal. Birchal shares that this growth was fueled largely due to its operations as it garnered 73% of all online securities offering. Crowd-sourced funding (or… Read More

July 18, 2022 @ 5:57 pm By Omar Faridi  |  

Digital asset firm Gemini recently revealed their upcoming partnership with the Pyth network in order to “bring accurate and trusted on-chain market data to users across the globe.” As a data publisher to Pyth, Gemini is delighted “to continue contributing to the growth of the… Read More

July 18, 2022 @ 4:43 pm By JD Alois  |  

Fundrise, a real estate investment platform that has long leveraged Reg A+ to offer REIT investments, is expanding its pool of offerings according to an email. Fundrise will soon offer the “Fundrise Innovation Fund” aiming to provide access to “high growth, pre-IPO technology companies.” As… Read More

July 18, 2022 @ 8:35 am By Omar Faridi  |  

For those interested in how Go & Grow works, Bondora recently shared information about what makes it successful (mainly its portfolio distribution). Bondora has provided details on how the claims added to Go & Grow are distributed, the most common ratings, the “most popular” goal… Read More

July 18, 2022 @ 8:32 am By Omar Faridi  |  

This month PeerBerry repaid more than EUR 1.4 million of “war-affected” loans. As confirmed in a blog post, PeerBerry business partners are “repaying EUR 1,2 million of war-affected Ukrainian and Russian short-term loans.” An additional amount of “up to EUR 200 000 of war-affected real… Read More

July 17, 2022 @ 10:23 pm By JD Alois  |  

SquareBook, a digital auction platform for equity capital raising, is aiming to raise £300,000 on Seedrs. According to the offering page, SquareBook is offering equity at a pre-money valuation of £24.9 million.  The security offering is EIS qualified and approved for the Seedrs Secondary Market…. Read More

July 15, 2022 @ 11:43 am By JD Alois  |  

OpenSea has cut its employee headcount by 20%, according to a tweet by founder and CEO Devin Finzer. Approximately 50 employees are being let go. In the tweet, Finzer blamed the action on the ongoing “crypto-winter.” OpenSea is one of the largest NFT, or non-fungible token,… Read More

July 15, 2022 @ 9:14 am By JD Alois  |  

Earlier this year, FINTRAC announced that crowdfunding platforms, as well as certain payment providers, must now register with FINTRAC. FINTRAC is the Financial Transactions Reports Analysis Centre of Canada. It is the agency that seeks to detect, prevent, and deter nefarious activity such as money… Read More

July 13, 2022 @ 9:42 pm By JD Alois  |  

Celsius Network, at one time one of the most popular crypto yield and lending platforms, has filed for bankruptcy protection under chapter 11, thus removing all speculation as to whether or not the platform could reanimate itself during a collapse in crypto valuations. Celsius effectively… Read More

July 13, 2022 @ 11:41 am By JD Alois  |  

As was recently reported, Invesdor, a European securities crowdfunding platform, is raising capital for itself.  On the first day of  the offering going live, Invesdor reported topping €1.4 million. In an email distributed by the platform, Invesdor notes that it has now raised “2.1 million… Read More

July 11, 2022 @ 11:13 am By JD Alois  |  

  On Saturday, Coinflex, another crypto trading and yield platform, posted another update on their bleak situation. In June, Coinflex announced that it was temporarily halting all withdrawals as well as trading due to crypto market volatility. Initially, expectations were for t reading to resume… Read More

July 8, 2022 @ 9:31 am By JD Alois  |  

Celsius Network, a once-prominent crypto lending and yield platform that bashed traditional banks, has been sued in the State of New York, blasted with allegations of operating a “classic Ponzi scheme.” Last month, Celsius effectively shut down operations. On June 13th, Celsius tweeted: [we] are… Read More

July 7, 2022 @ 3:45 pm By JD Alois  |  

Rialto Markets has added over $1.2 billion in signed contracts from private company issuers. As the cost of going public has risen, fewer companies have pursued the option of raising capital in an IPO and trading on an exchange. This cost of compliance is predicted… Read More

July 7, 2022 @ 2:48 pm By JD Alois  |  

Invesdor, a securities crowdfunding platform serving Europe, is raising growth capital for itself. Invesdor is actually the combination of multiple platforms: Invesdor, plus Finnest (Austria) and Kapilendo (Germany). The trio combined under a single banner selecting Invesdor as its brand. According to an email, on… Read More

July 7, 2022 @ 9:28 am By JD Alois  |  

Blockchain investment platform Blockchain Coinvestors has distributed a report covering sector unicorns – firms with a valuation of over one billion dollars. Blockchain Coinvestors reports assets under management of over $450 million. The firm investors in funds of funds, tokens and operates a direct investment… Read More

July 6, 2022 @ 2:39 pm By JD Alois  |  

eToro, a modern spin on investing and trading that merges both digital assets and traditional securities, has axed its SPAC deal, according to a statement issued by the company. At the same time, Calculistech is reporting that their headcount is being slashed by 100 employees… Read More

July 6, 2022 @ 10:27 am By JD Alois  |  

Raul Malmstein, the Former head of Estonia’s financial regulator, will open a new office in Estonia for SG Veteris, a crypto firm.  He is the former chairman of the Management Board of the Estonian Financial Supervision Authority (EFSA), a position he held for eight years…. Read More

July 6, 2022 @ 9:58 am By JD Alois  |  

Voyager Digital (TSX: VOYG) (OTCQX: VYGVF), a digital asset trading platform, has filed for bankruptcy following a difficult couple of weeks for the company. Voyager is emblematic of crypto contagion fears as counter-party risk has caused several firms to pause operations or, in this case,… Read More