Offerings

April 24, 2018 @ 10:30 am By JD Alois  |  

Elio Motors (OTCQX:ELIO) has received a much needed investment from Overstock.com. According to a public release, Overstock has agreed to purchase $2.5 million in Elio equity at a price of $2.75 per share. Simultaneously, Elio Motors announced its intent to do an initial coin offering… Read More

April 24, 2018 @ 10:02 am By JD Alois  |  

Crowd for Angels launched an initial coin offering (ICO) pertaining to a “Liquid Crypto Bond” in March. The token offering closed on March 31st with the  Angel cryptocurrency commencing trading on the GetBTC exchange on April 12th. Investors in the Bond apparently received free Angel… Read More

April 23, 2018 @ 11:44 am By JD Alois  |  

VRBex Inc., a new cryptocurrency exchange that is being led by former BBVA bankers, has announced an initial coin offering that is kicking off today. VRBEX said it will operate an exchange and security-token trading platform, along with storage and payments in cryptocurrency. The VRBex platform will… Read More

April 21, 2018 @ 5:26 pm By Samantha Hurst  |  

UK-based insurance company Midrive is set to close its equity crowdfunding campaign on Crowdcube with nearly £2.4 million in funding from more than 760 investors. Founded in 2013, Midrive has more than 300,000 members throughout the UK and reported its instructor network has grown to be one of… Read More

April 20, 2018 @ 9:47 pm By Samantha Hurst  |  

Cranes, a UK-based premium cranberry cider brand, has launched its second equity crowdfunding campaign on Seedrs. The debut of the latest funding round comes less than two years after Cranes raised more than £190,000 in funding through its first Seedrs campaign. The company is now… Read More

April 20, 2018 @ 2:15 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has released additional fraud charges affiliated with the Centra Tech $32 million initial coin offering (ICO) that raised money in 2017. Ealier this month, the SEC filed a complaint against Centra Tech, Sohrab “Sam” Sharma and Robert Farkas regarding… Read More

April 20, 2018 @ 2:00 pm By Samantha Hurst  |  

Less than four years after securing  £188,120 through its first Crowdcube campaign, online marketplace JewelStreet has returned to the equity crowdfunding platform, seeking £300,000 in additional funding. The company reported that it raised £130,150 from nearly 20 shareholders prior to the launch of its latest… Read More

April 20, 2018 @ 9:07 am By JD Alois  |  

Estonia licensed Midex reports having closed on more than $ 20 million during their initial coin offering (ICO). Midex’s goal is to become a fully compliant, cryptocurrency exchange operating in multiple jurisdictions with the appropriate regulatory approvals. Midex expects to officially launch their crypto exchange… Read More

April 19, 2018 @ 8:17 pm By JD Alois  |  

Blocksquare, a blockchain-based online real estate platform, has opened its Series A initial coin offering (ICO). This first crowdsale has been capped at $300,000 and a price of $0.25 USD due to market volatility, according to the company. Along with the launch of the crowdsale, the… Read More

April 19, 2018 @ 12:18 pm By Erin Hobey  |  

Nvested, a new St. Louis Economic Development Partnership-developed platform, claims to be St. Louis’ first “hyper-local” regulation crowdfunding platform designed to more easily connect local investors and business owners. “The hypothesis is it’s not because they’re rejecting the asset class, it’s just that they aren’t aware… Read More

April 19, 2018 @ 9:19 am By Samantha Hurst  |  

With its equity crowdfunding campaign on Crowdcube set to close this upcoming weekend, UK-based insurtech Midrive has surpassed £2.1 million thanks to nearly 700 investors. As previously reported, Midrive was founded in 2013 and reported it has over 300,000 throughout the UK and reported its instructor… Read More

April 18, 2018 @ 10:21 pm By JD Alois  |  

SaveDroid appears to be the latest in a long line of initial coin offering scams. Adding insult to injury, the website home page posted a mocking image stating “aannnd its gone” while the CEO tweeted photo stating Thanks guys! Over and out … #savedroidICO –… Read More

April 18, 2018 @ 10:03 am By JD Alois  |  

Lendingblock, an interesting spin on cryptocurrency lending, has easily hit its initial coin offering target (ICO) hard cap of $10 million early. The LND coin will be used as the currency for payment and receipt of interest on the platform. As CI covered last month,… Read More

April 18, 2018 @ 8:09 am By Cali Haan  |  

Cambridge Analytica, the firm that claims it used personal data to sway the last US election, planned to issue a cryptocurrency to enhance it’s powers of political persuasion, the New York Times reports. In addition to considering their own ICO (Initial Coin Offering), Cambridge Analytica… Read More

April 17, 2018 @ 11:36 am By Samantha Hurst  |  

UK-based peer-to-peer lender Landbay is set to close its latest equity crowdfunding campaign on Seedrs later this evening with more than £1.6 million from nearly 285 investors. The funding round was launched last month and quickly secured its initial £1.25 million funding target. This is the seventh equity… Read More

April 17, 2018 @ 11:05 am By Erin Hobey  |  

Chaineum, a crypto-finance engineering consulting company and reportedly the first French boutique specialized in raising funds through ICOs, has completed an ICO operation carried out for Naviaddress, a platform for digital addressing of locations and objects. Through its ICO, Naviaddress sold a total of 338… Read More

April 17, 2018 @ 9:59 am By Samantha Hurst  |  

iContract, the online platform connecting contractors with recruiters, completed its equity crowdfunding campaign on Seedrs with more than £800,000 secured. As previously reported, iContract, which was launched in August 2017, connects contractors and recruiters for job matching and networking. The company reported that so far it… Read More

April 17, 2018 @ 7:53 am By Cali Haan  |  

Torrent Freak has reported that Russian telecom regulator Rozomnadzor has begun blocking ISP addresses used to transmit private messages using the Telegram app. The actions come after the app was added to a state register of banned services last Friday after an 18-minute trial. Telegram… Read More

April 16, 2018 @ 11:53 am By JD Alois  |  

Splash Wines, family-run direct-to-consumer wine marketing company, recently announced that first quarter 2018 profits increased by 139% over the same period in 2017. While still small, profits jumped from $19,854 to $47,033 on revenues of $2.1 million. Splash also said it beat its expectations for… Read More

April 14, 2018 @ 1:36 pm By Samantha Hurst  |  

UK-based brewing company, Left Handed Giant Brewing, is set to close its equity crowdfunding campaign on Crowdcube with more than £1 million from over 1400 investors. The round was launched in February and quickly raised its initial £450,000 funding target. As previously reported, Left Handed Giant Brewing was launched… Read More