Investment Platforms and Marketplaces

May 29, 2023 @ 2:03 pm By JD Alois  |  

EquityZen is out with another note reiterating its expectation that the initial public offering (IPO) market will pick up toward the end of the year. Currently, IPOs during Q1 of 2023 were pretty tame, with just 33 IPOs on US exchanges. According to EY, the… Read More

May 28, 2023 @ 3:02 pm By Omar Faridi  |  

Unlimited, a new investment firm that gives all investors exposure to the alpha-generating potential of alternative investment strategies without the high fees and adverse tax implications of typical fund structures, announced that it has “raised $8 million in Series A financing led by FirstMark and… Read More

May 26, 2023 @ 5:00 pm By JD Alois  |  

Netcapital (Nasdaq: NCPL, NCPLW) announced earlier this week that it had entered into agreements with institutional investors for the purchase and sale of 1,100,000 shares of its common stock at a purchase price of $1.55 per share. The offering closed yesterday, May 25, 2023, raising… Read More

May 25, 2023 @ 11:16 pm By JD Alois  |  

CapitalRise, an online investment platform for prime real estate, has easily topped its initial funding goal on Seedrs. According to the offering page, CapitalRise aimed to raise £1 million. Currently, the offering is in over-funding mode, having raised £1.37 million from 232 investors. CapitalRise is… Read More

May 25, 2023 @ 8:32 pm By Omar Faridi  |  

As part of Kraken’s commitment to client security, they have reportedly completed and passed an independent auditor’s examination over internal controls as defined by the American Institute of Certified Public Accountants (AICPA) SOC 2, Type I compliance standard. Kraken has shared details “about this process… Read More

May 25, 2023 @ 9:36 am By Omar Faridi  |  

TradeStation Group, Inc., a Florida-based company whose operating subsidiaries provide self-clearing online brokerage services for trading stocks, ETFs, options, futures, and crypto that aim to offer the ultimate trading experience, has announced its integration with Plaid, a data network powering the digital financial ecosystem. The… Read More

May 24, 2023 @ 11:47 am By JD Alois  |  

Binance is taking another PR blow as Reuters is reporting that the world’s largest crypto exchange has been commingling investor and company funds. According to the report that was derived from a former company insider, “billions of dollars” and commingling happened on a daily basis…. Read More

May 23, 2023 @ 5:30 pm By Omar Faridi  |  

The Securities Commission Malaysia (SC) has taken action against Huobi Global Limited, and its Chief Executive Officer Leon Li for “operating a digital asset exchange (DAX) in Malaysia without registration.” Accordingly, the SC has “issued a public reprimand against Huobi Global Limited, and Leon Li… Read More

May 23, 2023 @ 12:06 pm By Omar Faridi  |  

The team at Mintos is pleased to share the Mintos Consolidated annual report for the year 2022. The report is designed “to provide investors on Mintos and other stakeholders with insights into our performance and developments throughout the year.” The report “includes detailed financial statements,… Read More

May 23, 2023 @ 11:12 am By JD Alois  |  

Prometheum Ember Capital LLC, a subsidiary of Prometheum Inc., has received approval from the Financial Industry Regulatory Authority (FINRA) to operate as a special-purpose broker-dealer for digital asset securities. Prometheum states that they are the first broker-dealer to receive this type of approval from FINRA…. Read More

May 23, 2023 @ 9:19 am By Omar Faridi  |  

Assetz Capital recently announced its institutionally funded lending strategy and its move away from retail funding of its lending. The 10-year old alternative lending platform has “continued to focus on its core areas of expertise including ground up residential housebuilding, residential refurbishment, and continued strong… Read More

May 22, 2023 @ 4:07 pm By JD Alois  |  

Collateral UK, once a peer-to-peer lending platform that went into insolvency in 2018, has seen fraud convictions of its founders. According to the Financial Conduct Authority that filed the charges, Peter Currie was convicted of two counts of fraud and one of money laundering. His… Read More

May 22, 2023 @ 12:49 pm By JD Alois  |  

Crypto brokerage LondonLink has raised £510,500 on a securities offering on Seedrs. According to the offering page, 140 investors participated in the sale of convertible security that holds a 30% discount to a future priced funding round. LondonLink securities are offered under the Seedrs Nominee… Read More

May 22, 2023 @ 9:31 am By JD Alois  |  

BitMEX says it is ready to apply for a virtual asset service provider (VASP) license in Hong Kong. The license is available under Hong Kong’s Anti-Money Laundering and Counter-Terrorist Financing (Amendment) Ordinance 2022. BitMEX which has endured several rocky years – most recently firing its… Read More

May 22, 2023 @ 9:12 am By JD Alois  |  

Dalmore Group, a broker-dealer that has emerged as a top provider of securities crowdfunding services, has become a leading platform enabling fractionalized assets. Fractionalization may be most frequently associated with broker platforms that allow investors to purchase a fraction of high-priced shares to make it… Read More

May 22, 2023 @ 8:29 am By JD Alois  |  

CrowdProperty has announced it has increased rates paid to investors to a range of 8% to 9%. The announcement is being made following the recent move by the Bank of England, which increased benchmark rates to 4.5%. The rates paid to investors are on both… Read More

May 21, 2023 @ 1:40 pm By JD Alois  |  

Crowdcube’s Next Unicorn project has narrowed the number of companies down to 20. As the name explains, the project is to uncover the next company to be worth over one billion dollars. As was previously reported, BrewDog co-founder James Watt is working with Crowdcube on… Read More

May 19, 2023 @ 3:22 pm By JD Alois  |  

Announced last month,  Boustead Securities, a broker-dealer, now allows US-based investors to trade dual-listed securities on Upstream – part of MERJ Exchange. Upstream is a market providing liquidity for digital securities and is actively seeking firms interested in dual listings – IE companies trading on… Read More

May 19, 2023 @ 3:00 pm By Omar Faridi  |  

Public, an investing platform that allows members to invest in stocks, treasuries, ETFs, crypto, and alternative assets, announced the rollout of Alpha, a project to enhance your investing experience with artificial intelligence powered by OpenAI’s GPT-4. Alpha reportedly “reduces the time retail investors spend researching… Read More

May 17, 2023 @ 10:14 pm By Omar Faridi  |  

Robocash Group recently commented on their latest audited financial statements for 2021-2022. Natalya Ischenko, CEO of Robocash Group, also spoke about the platform’s first results for 2023 and “shared the Group’s immediate plans.” As noted in a blog post by Robo.cash, there were around 30,000… Read More