Investment Platforms and Marketplaces

June 27, 2022 @ 11:33 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) recently announced a faster, easier, and “less expensive” way of sending and receiving cryptocurrency via multiple networks, starting with Polygon, Coinbase’s first L2 integration, and Solana. With the ongoing surge in blockchain usage and increase in gas fees, “the process of sending crypto… Read More

June 27, 2022 @ 10:23 pm By JD Alois  |  

Last week, CoinFLEX announced it was halting all withdrawals as well as trading due to crypto market volatility. At the time CoinFLEX stated that it did not hold counterparty risk with 3 Arrows Capital (3AC) or any lending firm. 3AC, a crypto hedge fund, has… Read More

June 27, 2022 @ 4:02 pm By JD Alois  |  

Sam Bankman-Fried is acting once again to take advantage of significantly lower valuations in a struggling marketplace. Rumors claim that Bankman-Fried is looking to purchase Robinhood via his crypto exchange FTX. While no deal yet, the rumblings have caused shares in Robinhood (NASDAQ:HOOD) to rise… Read More

June 27, 2022 @ 10:24 am By JD Alois  |  

Shares in crypto exchange Coinbase (NASDQ:COIN) have dropped by over 9% today to around $56/share following a downgrade from Goldman Sachs. Coinbase is not quite at its 52-week low of around $40 a share but they are far off its 52-week high of over $368… Read More

June 27, 2022 @ 8:47 am By JD Alois  |  

Securitize, a security token issuance platform and digital security trading market, has announced its expansion into Europe. Securitize has been approved by the Spanish General Secretariat of the Treasury and International Finance to enter its experimental program or Fintech sandbox where Securitize will serve a… Read More

June 27, 2022 @ 1:56 am By Omar Faridi  |  

Deutsche Börse has entered into a cooperation agreement with Kaiko, a crypto market data provider, to make their consolidated crypto data feed “directly accessible to its customers.” In Q4, historical L2 tick-level orderbook data on a T+1 basis and live trade data “will be made… Read More

June 26, 2022 @ 11:39 pm By JD Alois  |  

Fund That Flip, a real estate investment and financing marketplace, has been recognized as a top place to work by Cleveland.com. The Mid-western venture ranked in 1st place among midsized companies for 2022. Fund that Flip is said to currently employ 230 individuals including 140… Read More

June 24, 2022 @ 10:33 pm By Omar Faridi  |  

SDX Web3 Services,  the new service portfolio from SIX Digital Exchange (SDX),  is a range of offerings for institutional clients. SDX Web3 Services will aim to support the secure adoption by financial institutions of the next iteration of the World Wide Web, one that’s based… Read More

June 24, 2022 @ 3:25 pm By JD Alois  |  

Hex Trust, Hong Kong-based digital asset custody provider providing services across Asia, has gained provisional approval for a Virtual Asset MVP license in Dubai. According to a statement by Hex Trust, the Government of Dubai’s Virtual Assets Regulatory Authority (VARA) has approved it to operate… Read More

June 24, 2022 @ 8:33 am By Omar Faridi  |  

As You Sow, a non-profit in shareholder advocacy and Tulipshare, a UK-based activist retail investment platform, recently announced a partnership “to empower retail investors globally to use their shareholder power in support of resolutions on climate, racial justice, and other pressing issues this proxy season.”… Read More

June 24, 2022 @ 8:21 am By Omar Faridi  |  

A portfolio with an “optimal” risk-return ratio by the end of 2022 “could yield 13.7%,” according to an update from Robo.cash. Its largest share is allocated towards P2P lending, the team at Robocash wrote in a blog post. In their latest study, Robocash investment platform… Read More

June 23, 2022 @ 10:50 am By JD Alois  |  

Aided by Praxent, Sage Equity Partners is launching a “crowdfunding platform for modern investors” according to a company release. Praxent is a “a Fintech UX and engineering” firm that is working with Sage on the platform labeled “SageStreet.” Houston based Sage Equity Partners  is described… Read More

June 23, 2022 @ 1:46 am By Omar Faridi  |  

On June 22, 2022, PeerBerry’s business partner, renewable energy company Litelektra, “repaid a EUR 0.7 million loan to investors and paid EUR 35,685 in interest.” Currently, PeerBerry investors can “invest in another Litelektra wind farm project available on the PeerBerry platform with a 10% ROI.”… Read More

June 22, 2022 @ 3:31 pm By JD Alois  |  

Boxabl is currently raising capital on two different investment crowdfunding platforms: StartEngine and Republic. As was previously reported, Boxabl is aiming to raise up to $1.07 billion in a Reg D – Reg A+ funding round. The funding is divvied up with a $500 million Reg… Read More

June 22, 2022 @ 2:52 pm By JD Alois  |  

Binance.US, the US-facing version of Binance, the world’s largest crypto exchange, has announced it has cut trading fees on Bitcoin to zero.  The promotional move should help to drive new users to the crypto marketplace in a industry that tends to charge relatively high fees… Read More

June 21, 2022 @ 11:11 pm By Omar Faridi  |  

Secondary Market activity on Bondora increased for the first time since March 2022, “marking a turn in the tide.” It grew by 21.5% to €182,665 transacted. Manual transactions “remain the strongest category.” In May, all the categories increased, the team at Bondora noted. Portfolio Manager… Read More

June 21, 2022 @ 10:19 am By Omar Faridi  |  

Lithuania’s borderless financing platform Debitum recently shared its annual financial report. The team at Debitum noted that they are happy that the number of registrations “reached 8360 at the end of 2021.” This means “an increase of 41%,” the company revealed while adding that it… Read More

June 21, 2022 @ 8:37 am By Omar Faridi  |  

European lender EstateGuru notes that their investors backed nearly €20.0 million worth of loans in May of 2022. The “best-performing” market was Estonia (€7.0M), “followed by Lithuania (€5.0M) and Finland (€3.6M).” As EstateGuru predicted last month, repayments “improved during May.” Their borrowers “paid back €14.6M… Read More

June 21, 2022 @ 7:35 am By Omar Faridi  |  

UK’s Blend Network, a specialist development finance lender, notes that their commitment is to help investors “access great risk/return lending opportunities, while at the same time supporting experienced SME property developers and small construction companies unlock funding to build more homes.” Blend Network‘s experienced lending… Read More

June 21, 2022 @ 12:37 am By Omar Faridi  |  

The phenomenon of digitalization is becoming a vital part of our daily life, according to an update from October. So, considering digitalization in European SMEs, the team at October looks into where we currently stand. While new digital solutions are increasingly being used in the… Read More