Featured Headlines

September 25, 2023 @ 5:44 pm By JD Alois  |  

Speaking at the beginning of last week’s meeting of the Investor Advisory Committee (IAC), SEC Commissioner Hester Peirce went to bat for smaller firms and private securities issuers – once again. The SEC is currently considering making the definition of an Accredited Investor more rigorous…. Read More

September 25, 2023 @ 8:57 am By Omar Faridi  |  

MakerDAO co-founder Rune Christensen has submitted a proposal to build the project’s upcoming native chain using Solana’s codebase, which led to Vitalik Buterin selling $580,000 worth of MakerDAO’s MKR token in rebellion. The move may be an indication that ecosystem participants want to explore different… Read More

September 22, 2023 @ 10:24 am By JD Alois  |  

During the Securities and Exchange Commission’s meeting of the Investor Advisory Committee (IAC) yesterday (September 21, 2023), a representative from the Angel Capital Association (ACA) gave a compelling presentation advocating on behalf of his industry and why we need more Accredited Investors and NOT fewer…. Read More

September 21, 2023 @ 12:42 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) is considering raising the wealth threshold for the definition of an Accredited Investor. Currently, in brief, an Accredited Investor is an individual who earns over $200,000 a year or has a net worth of over $1 million. The net… Read More

September 21, 2023 @ 12:19 pm By JD Alois  |  

Crowdcube, one of the largest investment platforms in the world, has posted a brief update on its operations during the month of August. According to an “X” (previously a Tweet), during the month of August: Wombat raised the most amount of funds, booking £2,963,608. 3ti… Read More

September 20, 2023 @ 12:26 pm By JD Alois  |  

Financement Participatif France, the French crowdfunding association, has provided an update on debt-based platforms in the country. This means platforms that enable peer-to-peer lending, bonds, and mini-bond services. As part of a best practices charter, FPF instituted a requirement for member platforms to post performance… Read More

September 20, 2023 @ 10:50 am By JD Alois  |  

Yesterday, the Secretary of the Treasury Janet Yellen, announced its ambitions in regard to “net zero financing and investment,” outlining their goal of net zero commitments and how they can compel financial services firms to adhere to their ideology. Secretary Yellen said: “Going forward, the… Read More

September 20, 2023 @ 10:33 am By JD Alois  |  

The parents of jailed FTX founder Sam Bankman-Fried have been sued by what remains of the company. According to a court filing, Joseph Bankman and Barbara Fried, both Stanford University professors, allegedly enriched themselves prior to the collapse of what was once one of the… Read More

September 20, 2023 @ 9:16 am By JD Alois  |  

Any longtime Apple (NASDAQ:AAPL) watcher understands that it is one of the largest Fintechs in the world with plans to become any bigger. Adding investments and trading makes sense. It is just a matter of time.  Today, there is a report by CNBC quoting those… Read More

September 19, 2023 @ 4:30 pm By JD Alois  |  

The New York State Department of Financial Services (NYDFS) has published “guidance” for the US digital asset industry building upon its already widely utilized Bit Licence rules. Superintendent Adrienne A. Harris issued a statement explaining her goal of prioritizing regulations for “virtual currency policy” to… Read More

September 19, 2023 @ 12:04 pm By JD Alois  |  

Five-Year Stablecoin Milestone Announced by Paxos Paxos, a regulated digital asset firm that powers the tech behind multiple crypto firms, is reporting having topped $120 billion in stablecoin value (issued and redeemed) over the past five years of the company’s operation. Paxos, which is regulated… Read More

September 19, 2023 @ 11:52 am By JD Alois  |  

Swift, a global financial messaging service that is used by just about everyone to transfer value, has partnered with Wise (LSE:WISE) – a stealth bank that got its start in low-cost transfers. According to a statement by Swift, the partnership will enable users to complete… Read More

September 18, 2023 @ 9:28 pm By JD Alois  |  

Fagura (Honeycomb in Romanian), a digital banking and alternative investment platform, has been approved to offer investment crowdfunding in the EU. Fagura is an Estonian Fintech that is said to be building a digital bank. The company has raised growth capital twice on Seedrs, totaling… Read More

September 15, 2023 @ 5:24 pm By Omar Faridi  |  

  According to Insights Distilled’s recent State of Enterprise Tech report, API-first development is streamlining software, with respondents claiming they are ready to start utilizing APIs at scale, with 43% naming it a top priority for 2023. Additionally, a survey from Insight Partners’ portfolio company… Read More

September 15, 2023 @ 10:30 am By JD Alois  |  

The Securities and Exchange Commission (SEC), Investor Advisory Committee will meet next week and will discuss two very important policy items that impact capital raising for private firms. The first panel discussion will review exempt securities offerings under Reg D. This exemption, only available to… Read More

September 14, 2023 @ 4:08 pm By JD Alois  |  

European tokenization provider Tokeny has enabled ABN AMRO to issue a tokenized bond in an offering that is described as being the first Dutch ban to issue a green bond on a public blockchain. Tokeny shares that Vesteda raised €5 million while predicting the offering… Read More

September 14, 2023 @ 9:33 am By JD Alois  |  

European online investment platform EstateGuru says crowdfunding is back after booking two solid months of activity. According to the platform, investors committed €18.9 million to new projects during the months of July and August. At the same time, €30.4 million was returned to investors, including … Read More

September 13, 2023 @ 7:23 pm By JD Alois  |  

Earlier today, the Securities and Exchange Commission (SEC) announced an enforcement action against Stoner Cats and the creation of non-fungible tokens (NFTs) that were sold to the public. In total, Stoner Cats sold over $8 million in these NFTs which then were available for resale… Read More

September 13, 2023 @ 1:09 pm By JD Alois  |  

As CI has done from time to time, we have recently reviewed the number of FINRA-regulated Funding Portals – platforms offering crowdfunding services under the Reg CF (Regulation Crowdfunding) securities exemption – up to $5 million. Funding Portals were created by the JOBS Act of… Read More

September 12, 2023 @ 3:17 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) says it has settled charges against Yieldstreet, a top alternative investment platform mainly serving accredited investors. According to the SEC, Yieldstreet failed to disclose critical information pertaining to an asset-backed securities offering that totaled $14.5 million. Yieldstreet has settled… Read More