Investment Platforms and Marketplaces

June 8, 2022 @ 11:17 am By JD Alois  |  

The Securities and Exchange Commission (SEC) is investigating the BNB token, issued by the world’s largest crypto exchange Binance. This is according to a report by Bloomberg and should come as no surprise to anyone as the SEC has long messaged their view that just… Read More

June 8, 2022 @ 10:39 am By JD Alois  |  

Yieldstreet, an alternative investment platform that provides access to a diverse range of assets to both accredited and non-accredited investors, says it has topped $100 million in structured note sales while revealing a new partnership with Luma Financial Technologies. Luma is a buy-side technology platform… Read More

June 8, 2022 @ 9:25 am By Omar Faridi  |  

After carefully watching the number of new investors every month, Bondora is pleased to confirm that there are now over 200,000 investor accounts on their platform. Bondora notes that they are quite pleased that more and more people are choosing to invest with them. Their… Read More

June 8, 2022 @ 8:55 am By JD Alois  |  

ADDX, a Singapore-based digital asset exchange that is regulated by the Monetary Authority of Singapore (MAS), says it will now accept cryptocurrencies to onboard its customers describing the feature as signaling crypto as “an asset class for the mainstream.” ADDX accepts investors globally but requires… Read More

June 8, 2022 @ 8:17 am By Omar Faridi  |  

Invoice finance and embedded finance (think: buy now, pay later options at checkout) help companies with improving their cash flow. On top of this, they manage operational expenditure “to improve their business growth,” the MarketFinance team explains. Invoice finance has been a tool companies have… Read More

June 8, 2022 @ 7:21 am By Omar Faridi  |  

Mintos notes in its Mintos Insight update that for certain investment products, regulation happens from the get-go, but for others, they might “not fall into a regulatory framework straight away.” While sharing other key takeaways from the Mintos Insight report, the team noted that new… Read More

June 6, 2022 @ 3:09 pm By Omar Faridi  |  

A year ago, the Robo.cash platform was joined by the Philippine originator UnaPay. Presently, it is operating within the holding under the UnaCash brand. The Robocash team noted that they are pleased to share the company results for the beginning of 2022. Here are the… Read More

June 6, 2022 @ 3:07 pm By Omar Faridi  |  

After “very positive” growth in April, in May, the volumes of funded loans on PeerBerry further “grew by 16%.” EUR 38,48 million of loans have been funded on PeerBerry last month. PeerBerry is a marketplace platform where investors can participate in short term, high interest… Read More

June 6, 2022 @ 10:10 am By JD Alois  |  

Yoshi Markets Limited says it has started onboarding clients for its trading and custody platform for digital assets. Yoshi is an ADGM regulated  Multilateral Trading Facility (MTF) and custodian. The announcement is described as a significant step towards offering services for customers from around the world…. Read More

June 5, 2022 @ 5:24 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has received final judgments against crowdfunding issuer, 420 Real Estate, LLC, and its CEO, Willard Jackson. The court case, SEC v. Shumake, has previously obtained judgments against Defendants TruCrowd, Vicent Petrescu, and Nicole Birch. According to FINRA, TruCrowd is… Read More

June 5, 2022 @ 2:30 pm By Omar Faridi  |  

Bitpanda recently confirmed that it will support the Luna (LUNA) Airdrop for Terra Classic (LUNC) holders. This means that Bitpanda is supporting the new Terra 2.0 blockchain and have listed LUNA. For Bitpanda users who held tokens of the Terra project (now LUNC tokens), Bitpanda… Read More

June 4, 2022 @ 10:59 am By Omar Faridi  |  

Crypto exchange Bitstamp recently announced the launch of its Earn product in the United States. For the “first” time, Bitstamp is offering its U.S. retail and institutional customers the ability “to participate in staking through its secure, regulated platform, earning up to 5% yield compared… Read More

June 3, 2022 @ 9:58 am By JD Alois  |  

Not too long ago, Coinbase (NASDAQ:COIN) announced it had paused hiring. Yesterday, Coinbase announced that it was extending the hiring freeze while rescinding certain “accepted offers” for an undisclosed number of new employees. Coinbase is not the only Fintech that is eyeing the current economic malaise… Read More

June 2, 2022 @ 2:44 pm By JD Alois  |  

Tyler and Cameron Winklevoss, founders of Gemini Trust, a top crypto exchange, have announced they will lay off 10% of their employees due to the sputtering economy and decline in the value of many crypto assets. In a blog post, the Winklevoss brothers explained: “The… Read More

June 2, 2022 @ 11:40 am By JD Alois  |  

Leading Latin American crypto exchange Bitso has partnered with Addem Capital to provide access to capital for entrepreneurs not in fiat but in crypto. Addem Capital Group aims to provide access to capital in Latin America via three companies whose purpose is to increase and… Read More

June 2, 2022 @ 10:55 am By JD Alois  |  

A former employee of OpenSea (Ozone Networks, Inc.) has been arrested and charged with the first-ever digital asset insider trading scheme, according to the US Department of Justice (DOJ). Nathanial Chastain a former Product Manager at OpenSea has been charged with wire fraud, and money… Read More

June 2, 2022 @ 6:56 am By JD Alois  |  

Mercari Derivatives Exchange, a regulated Australian derivatives exchange market operator, has selected Switzerland-based METACO to provide digital asset custody technology. In a company statement, Mercari noted that it is deploying its technology on IBM Cloud leveraging the capabilities of IBM’s digital asset infrastructure. This past… Read More

June 1, 2022 @ 9:27 am By JD Alois  |  

FTX, a fast-growing crypto exchange serving both the US and global markets, is in talks with Goldman Sachs (NYSE:GS) in regards to crypto derivatives. While Goldman has been hesitant in the past to move into crypto demand from its customers continues to push the investment… Read More

May 31, 2022 @ 9:28 am By Omar Faridi  |  

Since the beginning of 2022, more than 3,000 investors have reportedly joined Robo.cash. For the first quarter, investors’ earnings amounted to a record number and the platform reached a new milestone in financed loans. On average, about 600 people a month have been “registered on… Read More

May 31, 2022 @ 9:17 am By JD Alois  |  

October, a top online lending platform based in France but offering credit around Europe, has acquired marketplace competitor Credit.fr, according to a company statement. Credit.fr was itself acquired by Tikehau Capital in 2017 for €12 million.  The terms of the deal were not disclosed but… Read More