Investment Platforms and Marketplaces

May 15, 2023 @ 12:10 pm By JD Alois  |  

Last week, EY Canada posted a status report on Quadriga – a Canada-based crypto exchange that fell into chaos after the founder died, leaving keys to accounts missing and many questions. It was eventually determined that over CAD $300 million in assets were claimed by… Read More

May 15, 2023 @ 8:59 am By Omar Faridi  |  

Founded in 2013, Assetz Capital claims it has become a leading alternative finance provider to SMEs in the UK. Now, as the business marks its ten years of doing business. The firm announced “that over the course of its history its supported the construction of… Read More

May 13, 2023 @ 4:32 pm By JD Alois  |  

After a bit of a struggle to gain access to the Canadian market, Binance has decided to exit the country. In an extended Tweet, Binance announced its decision. Unfortunately, today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing… Read More

May 12, 2023 @ 5:11 pm By JD Alois  |  

Earlier this week, during its earnings call, OTC Markets (OTC:OTCM) revealed that on May 5th, it had received FINRA approval to provide services for digital assets which are securities. In the May 9th earnings report, R. Cromwell Coulson, President and CEO of OTC Markets, stated:… Read More

May 12, 2023 @ 2:34 pm By Omar Faridi  |  

Fasset, the global digital asset platform for emerging markets, announces its partnership with Minted, a provider of precious metals, in order “to offer increased accessibility and liquidity to the global precious metals market through tokenization at the Dubai Fintech Summit.Under the MOU, Fasset will distribute… Read More

May 12, 2023 @ 10:25 am By JD Alois  |  

Seedrs has been a bit quieter following its acquisition by Republic but in recent days, the company has posted a comment on platform activity without providing and metrics. Published by Seedrs CEO and Republic EVP Jeff Kelisky, he noted the challenging economic environment that is… Read More

May 12, 2023 @ 7:57 am By Omar Faridi  |  

As we near the halfway point of 2023, Pacaso, the real estate marketplace that helps people buy and co-own a luxury second home, released data on the hottest second home markets in the United States year to date. Pacaso utilized Optimal Blue data “to identify… Read More

May 11, 2023 @ 8:41 am By JD Alois  |  

CI reported last month that Jumpstart Micro, a FINRA-regulated Funding Portal able to list securities under the Reg CF exemption, had been acquired by Issuance. Today, Issuance is officially acknowledging the business expansion, noting it will now be able to raise capital under Reg CF… Read More

May 11, 2023 @ 7:13 am By Omar Faridi  |  

Revolut and Upvest have partnered to offer fractional ETF and European stock trading across Europe. Upvest are pleased to welcome Revolut and its end users to their community. Offering ETFs and European stocks for the first time Revolut and Upvest will “offer fractional ETF and… Read More

May 10, 2023 @ 6:12 pm By Omar Faridi  |  

Yieldstreet, the private market investing platform, announced the appointment of Ted Yarbrough as its Chief Investment Officer. Yarbrough reportedly “brings to Yieldstreet nearly three decades of experience at Citigroup (NYSE: C) and its predecessor companies, holding a variety of leadership roles across the firm’s banking,… Read More

May 10, 2023 @ 9:00 am By JD Alois  |  

Freeport, a fractional art investment platform, has launched for investors pitching a series of Warhol prints. Fractional investing is growing in interest as alternative asset classes can benefit from technology to simplify the process of purchasing a portion of an asset and potentially benefit from… Read More

May 10, 2023 @ 6:13 am By JD Alois  |  

Estateguru has been approved to operate under European Crowdfunding Service Providers Regulation or ECSPR. Under the new EU legislation, a platform may sell securities online across all EU member states. Issuers may raise up to €5 million. Estateguru was approved by the Estonian Financial Supervision… Read More

May 9, 2023 @ 10:28 am By JD Alois  |  

It seems regulators took their time in reviewing and approving, StartEngine’s acquisition of SeedInvest.  The deal between the two OG online investment platforms was announced in 2022 as StartEngine paid $24 in shares to purchase the full-stack securities crowdfunding platform. SeedInvest had previously been acquired… Read More

May 9, 2023 @ 8:40 am By Omar Faridi  |  

Bittrex, Inc. released the following statement today regarding Bittrex U.S.’ decision to file Chapter 11 bankruptcy: “Having previously announced that Bittrex, Inc. would be ceasing all operations in the U.S. effective April 30th, we have now made the decision to file Chapter 11 bankruptcy in… Read More

May 8, 2023 @ 11:23 pm By Omar Faridi  |  

TS Imagine, the global, cross-asset provider of trading, portfolio, and risk management solutions for financial institutions, announces the launch of TS One, a cross-asset class, SaaS-based solution designed “for investing teams who are seeking access to global markets, advanced execution management tools, battle-tested risk management… Read More

May 8, 2023 @ 5:57 pm By JD Alois  |  

Over 150,000 spectators watched Mage, a 3-year-old colt, win the run for the roses at the 2023 Kentucky Derby this past weekend. Mage held 15 to 1 odds in the tight two-minute race. Perhaps watching the race but not in the stands were 4oo investors… Read More

May 8, 2023 @ 12:25 pm By JD Alois  |  

SeedBlink, a newer online investment platform based in Bucharest but with global aspirations, has announced a strategic partnership with Italy-based Doorway – another securities crowdfunding platform. Doorway is a venture capital platform in Italy, enabling direct investment in the asset class by private and corporate… Read More

May 8, 2023 @ 10:22 am By JD Alois  |  

Announced last week, the House Subcommittee on Digital Assets, Financial Technology, and Inclusion has scheduled a hearing on digital assets. The hearing entitled The Future of Digital Assets: Measuring the Regulatory Gaps in the Digital Asset Markets, is a joint hearing with the Agriculture Subcommittee… Read More

May 8, 2023 @ 9:49 am By JD Alois  |  

Describing it as a learning experience, Binance has announced that all pending Bitcoin transactions have now been processed after a bumpy day when the crypto exchange paused BTX trades. All pending $BTC withdrawal transactions have now been processed. Once again, thank you for your patience… Read More

May 8, 2023 @ 9:18 am By Omar Faridi  |  

Cryptocurrency exchange CryptoOrange has partnered with payments platform, Paysafe (NYSE: PSFE), in order “to offer new ways for its customers to buy and sell cryptocurrencies internationally.” Paysafe, which claims to have an extensive track record of serving merchants and consumers in the global entertainment sectors… Read More