Investment Platforms and Marketplaces

January 31, 2022 @ 9:30 am By JD Alois  |  

FTX, the global crypto trading platform, has raised a $400 million Series C round at a $32 billion valuation according to a company statement. Earlier this month, FTX.us, the US-facing crypto trading platform, raised a $400 million Series A round valuing the firm at $8… Read More

January 31, 2022 @ 9:01 am By JD Alois  |  

  Societe Generale, the 3rd largest global bank based in France, has listed security tokens on the Luxembourg Stock Exchange (LuxSE). These are the first securities admitted to the exchange that utilizes blockchain or a public Distributed Ledger Technology (DLT). Since April 2019, Societe Generale… Read More

January 30, 2022 @ 9:15 pm By Omar Faridi  |  

The team at UK’s investment platform, easyMoney, notes that you need not look too hard to find updates about how the Covid-19 crisis has negatively affected the lives of young people. The younger generation has been among the hardest hit in many ways, according to… Read More

January 30, 2022 @ 9:14 pm By Omar Faridi  |  

PeerBerry shareholders have reportedly set deadlines to introduce the crowdfunding platform As noted in an update, the license to operate a crowdfunding business across the European Union has been provided by the Bank of Lithuania, which is considered to be one of the most progressive… Read More

January 30, 2022 @ 4:34 pm By Omar Faridi  |  

European lender Bondora notes that Go & Grow is their investors’ favorite or most preferred way to invest in their wealth. Bondora writes in a blog post that they have more than 158,000 “satisfied” Go & Grow investors. And there’s a solid reason why it’s… Read More

January 30, 2022 @ 1:58 pm By Omar Faridi  |  

The team at Robo.cash reveals that around 34% of P2P investors have expanded their investment portfolios to generate passive income. As noted by Croatian lender Robo.cash, passive income remains the number-one goal among European peer-to-peer investors. By giving preference to shares, they diversify their investments… Read More

January 29, 2022 @ 12:41 pm By Omar Faridi  |  

The sustainable development goal-linked investment app Etcho reports that it has finalized its pre-seed round, by securing £279,000 from angel investors via Crowdcube. Linking to the United Nation’s 17 SDGs, the Fintech app from Etcho enables users to select the goals they are most passionate… Read More

January 28, 2022 @ 6:32 pm By JD Alois  |  

Digital asset prime brokerage Genesis published a report on Q4 operations this week. Genesis serves institutional investors and select accredited investors with assets of $10 million or more. According to Genesis, Q4 2021 was its stronger quarter ever with approximately $102 billion in transactional volume…. Read More

January 28, 2022 @ 12:56 pm By Omar Faridi  |  

The INX Digital Company, Inc. (NEO: INXD), the owner of crypto-asset trading platforms, is pleased to confirm that the firm’s common shares will begin trading on the Neo Exchange Inc., under the ticker symbol “INXD”. The firm and its wholly-owned subsidiaries together form the “INX… Read More

January 28, 2022 @ 9:21 am By JD Alois  |  

Yesterday, the Securities and Exchange Commission (SEC) approved the first securities exchange to utilized blockchain technology. BSTX, a joint venture between tZERO and Box Digital Markets, may now trade publicly listed securities while benefitting from blockchain tech. This includes the ability for immediate settlement, transparent… Read More

January 27, 2022 @ 10:03 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has approved BSTX as a national securities exchange thus ushering in an era of a regulated exchange utilizing blockchain technology. The complete SEC filing is available below. BSTX is a joint venture between BOX Digital Markets, LLC and tZERO. … Read More

January 27, 2022 @ 4:55 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD), a leading digital asset exchange and broker platform, has reported Q4 earnings results which have disappointed the markets. According to the company, the net loss for the quarter was $423 million, or $0.49 per diluted share, compared with net income of $13 million,… Read More

January 27, 2022 @ 12:32 pm By JD Alois  |  

Earlier this month, Yieldstreet – an investment crowdfunding platform, added a new art equity fund to its list of alternative investment options. Yieldstreet has emerged as a dynamic online investment platform providing smaller investors with options like short-term debt offerings, real estate, supply chain finance,… Read More

January 27, 2022 @ 8:31 am By Omar Faridi  |  

West Realm Shires Services Inc. (FTX US) has announced the closing of a $400 million Series A round valuing the firm at $8 billion. As mentioned in an update shared with CI, this investment round is notably the first for FTX US and included contributions… Read More

January 26, 2022 @ 10:06 am By JD Alois  |  

Canadian crypto exchange CoinSmart (NEO: SMRT; FSE:IIR) has announced a “long-term national sponsorship agreement with the Canadian Hockey League (CHL).” CoinSmart will become the CHL’s Official Crypto Trading Partner across its three-member leagues, the OHL, WHL, and the QMJHL. The CHL is the world’s largest… Read More

January 26, 2022 @ 8:41 am By Omar Faridi  |  

Finvault Exchange OÜ, the Fintech firm that’s licensed and regulated by the Estonian FIU as an authorized digital currency exchange, is transforming the way individual consumers and businesses save, invest, transfer and spend their funds and digital wealth. Finvault announced that it has opened up… Read More

January 25, 2022 @ 8:34 pm By Tony Zerucha  |  

Growth Capital Ventures has led a £150,000 seed investment round into n-gage.io, a technology company using data to influence how audiences engage and experience leisure, visitor, and sporting attractions. Growth Capital Ventures is an online capital formation platform that enables private investors to invest in… Read More

January 25, 2022 @ 10:19 am By Omar Faridi  |  

WiseAlpha, the United Kingdom’s digital bond market platform, is pleased to confirm its strategic partnership with UK-headquartered Fintech firm, Fortu Wealth. This collaboration marks another key milestone for the Fintech companies, both planning to offer a smart financial solution to private banking customers. As noted… Read More

January 25, 2022 @ 10:16 am By JD Alois  |  

Last week, BitMEX announced its intent to acquire Bankhaus von der Heydt. The deal is actually structured so that BXM Operations AG, founded by BitMEX CEO  Alexander Höptner and CFO Stephan Lutz, will acquire the bank located in Munich, Germany. While the purchase is subject… Read More

January 25, 2022 @ 8:28 am By JD Alois  |  

Marketplace lending platform EstateGuru has posted its 2021 financial results. According to the investment platform loan volumes increased by 69%, revenues 58%, new investors by 35% compared to 2020. EstateGuru said that all of the countries where they operate exceeded their targets with total lending… Read More