Investment Platforms and Marketplaces

September 18, 2019 @ 10:02 am By Omar Faridi  |  

Malta-based Binance, the world’s largest crypto asset exchange by adjusted trading volume, has invested in Mars Finance, a Chinese media and data source company. Although the exact amount invested has not been shared publicly, the company is valued at $200 million, according to a press… Read More

September 17, 2019 @ 7:48 pm By Omar Faridi  |  

San Francisco-based firm Harbor has decided to help companies tokenize existing securities, instead of assisting them in issuing security tokens. On September 16, Harbor’s management announced that it has issued Ethereum-based tokens that represent $100 million worth of shares in four real estate funds.   The… Read More

September 16, 2019 @ 11:39 pm By JD Alois  |  

iSTOX, a digital securities issuer and secondary trading platform, has hired Lim Mei Shern as its new Head of Compliance. Lim was previously at the Monetary Authority of Singapore (MAS) where she spent the past 15 years in the supervision of capital markets as well… Read More

September 16, 2019 @ 4:15 pm By JD Alois  |  

Groundfloor, a real estate lending and investing platform that allows anyone to participate directly in real estate investments, has launched a new product to make the lending process more easier for real estate investors. Groundfloor now allows certain developers to gain pre-approval on loans with… Read More

September 16, 2019 @ 8:36 am By Omar Faridi  |  

Security token offering (STO) platform Neufund has received regulatory clearance from the Financial Monetary Authority (FMA) in Liechtenstein to offer securities to retail investors.  The first retail issuer on Neufund is Greyp, an electrical mobility platform that is backed by Porsche, Camel Group and T-mobile…. Read More

September 16, 2019 @ 1:13 am By Omar Faridi  |  

United Nations Development Program (UNDP), an organization that provides expert advice, training, and grants to developing countries, is partnering with Silicon Valley venture capital firm and project accelerator 500 Startups, in order to make investments in Indonesia’s emerging startup ecosystem. The UNDP will be working… Read More

September 15, 2019 @ 5:07 pm By Omar Faridi  |  

Social trading giant eToro has introduced a new programming language, Lira, which makes it easier for users to engage in derivatives trading. Chief blockchain scientist at eToro, Omri Ross, noted that Lira aims to reduce the risks associated with executing financial contracts while enabling the… Read More

September 14, 2019 @ 10:04 am By Omar Faridi  |  

San Francisco-based mobile payments company Square is testing a new feature that allows users to trade stocks through the company’s Cash App.  Square’s employees have been testing out the newly integrated feature, according to Bloomberg. Once it has launched, Cash App users will reportedly be… Read More

September 13, 2019 @ 1:50 pm By Cali Haan  |  

Coinbase is considering launching an initial exchange offering (IEO) platform in Asia. This would allow it to launch and broker “a proprietary exchange token” and other tokens in the region, Coindesk reports. The crypto trading platform’s possible plans were announced this week by Kayvon Pirestani,… Read More

September 13, 2019 @ 10:30 am By Cali Haan  |  

Coinbase UK has settled a lawsuit with the CEO of Alphabit regarding Coinbase’s alleged handling of Bitcoins worth almost $1 million USD that were allegedly stolen from Alphabit by hackers in July, Law 360 reports. Alphabit is UK-based “crypto-asset investment company” that claims to manage… Read More

September 13, 2019 @ 9:54 am By Omar Faridi  |  

Hong Kong-based fundraising platform BnkToTheFuture is planning to facilitate security token offerings (STOs). The move will be facilitated by a strategic investment in Diacle. Founded in 2013, Diacle is an appointed representative of Met Facilities LLP, which is authorised and regulated by the UK Financial… Read More

September 13, 2019 @ 2:15 am By Omar Faridi  |  

The majority of fundraising events and mergers and acquisitions (M&A) deals in the crypto asset sector are being finalized in Asian and European markets, overtaking the once-dominant role of the Americas, according to a recent report from “Big Four” professional services company PricewaterhouseCoopers (PwC). Released… Read More

September 12, 2019 @ 11:24 pm By JD Alois  |  

OurCrowd, Israel’s most active venture investor and leading global crowdfunding platform, has partnered with Finistere, Tnuva and Tempo to launch a NIS 1 billion (~ USD $ 283 million) Foodtech incubator in Israel.  “Fresh Start” was officially launched at an event this week. OurCrowd announced… Read More

September 12, 2019 @ 11:04 pm By Omar Faridi  |  

Digital asset exchange Huobi appears to be pursuing a reverse initial public offering (IPO), according to a document shared with the Hong Kong Stock Exchange (HKEX). Hong Kong-listed electronics firm Pantronics Holdings Limited, which was acquired by Huobi in August 2018, will be changing its… Read More

September 12, 2019 @ 10:54 pm By Cali Haan  |  

Binance, believed to be one of the world’s largest crypto trading platforms, will begin registering users wanting to trade select “crypto assets” on the company’s “Binance.US” platform next Wednesday. “Binance.US will open account registration and begin accepting deposits of BTC, ETH, XRP, BCH, LTC, and USDT… Read More

September 12, 2019 @ 2:22 pm By Samantha Hurst  |  

LendKey, a lending-as-a-service solution for banks and credit unions, announced on Thursday it surpassed $3 billion in loan originations for its lending partners. The lender reported that nearly 300 lenders have utilized the company’s turnkey digital lending solution to expand product offerings across multiple asset classes… Read More

September 12, 2019 @ 8:59 am By JD Alois  |  

tZERO, a subsidiary of Overstock (NASDAQ:OSTK) has formed a partnership with Bloq Flix, LLC, to tokenize films, according to a release. Bloq Flix claims to be the “first blockchain entertainment financing company.” tZERO said that Bloq Flix will utilize its tokenization protocol technology to tokenize… Read More

September 12, 2019 @ 7:52 am By JD Alois  |  

Leading UK Fintech and online mortgage provider LendInvest has joined MCI Mortgage Club’s lender panel. The move was said to be driven by the desire to offer the company’s Buy-to-Let mortgage products to a wider audience of brokers. Mortgage Club members will now have access… Read More

September 11, 2019 @ 4:44 pm By JD Alois  |  

Canada’s first peer to peer lending platform for SMEs, Lending Loop, has topped CDN $50 million in loans, according to a post by Brendon Vlaar, co-founder and CTO of the company. Lending Loop provides investment opportunities in debt-based securities to both accredited and non-accredited investors…. Read More

September 11, 2019 @ 11:36 am By Samantha Hurst  |  

Real estate investment platform PeerStreet announced on Tuesday it won first place in CRETech’s 2019 Real Estate Tech Awards (RETAs for the Information & Intelligence – Crowdfunding category. According to PeerStreet, CRETech’s RETAS recognizes the year’s most innovative and cutting-edge companies that have played an integral role… Read More