April 28, 2022 @ 10:57 pm By Omar Faridi  |  

Liminal, an “enterprise-grade” platform for digital asset custody, has announced a partner program with Avalanche, which claims to be the “fastest” smart contracts platform in the blockchain industry, “to secure projects built on their platform.” As noted in an update shared with CI, the collaboration… Read More

April 28, 2022 @ 10:38 pm By Omar Faridi  |  

The XYO Network (Coinbase: $XYO), which claims to be the “first” blockchain geospatial oracle network backed with cryptography, has reported “record” financial results for the full fiscal year “ending December 31, 2021.” Among its 2021 achievements, the company “doubled in revenue for the full fiscal… Read More

April 28, 2022 @ 10:36 pm By Omar Faridi  |  

Klarna, a global retail bank, payments, and shopping service, announced its expanded partnership with cross-border e-commerce provider Global-e (Nasdaq: GLBE). Via this partnership, merchants selling to Canada through Global-e’s cross-border e-commerce platform, “including notable brands such as Reformation, SKIMS, Fenty Beauty, Rimowa, Versace, Marc Jacobs,… Read More

April 28, 2022 @ 9:26 pm By Omar Faridi  |  

OneOf, which claims to be the premier “green” NFT platform for music, sports and bands, is partnering with international crypto payments provider MoonPay “to integrate NFT technology into users’ everyday lives, making the process of purchasing NFTs easier than ever.” As mentioned in an update… Read More

April 28, 2022 @ 9:25 pm By Omar Faridi  |  

Blackhawk Network, an international branded payments provider, recently announced that it is teaming up with NFT and blockchain wallet provider, Bitski, in order to distribute the “first” promotion for an NFT with the purchase of a gift card, “offering both real and virtual (Web3) world… Read More

April 28, 2022 @ 4:28 pm By JD Alois  |  

Robinhood (NASDAQ:HOOD), a social investment platform that marries digital assets with traditional securities, has reported Q1 earnings and they are a bit disappointing. Robinhood said that net revenues decreased to $299 million in comparison with $522 million in the first quarter of 2021, a whopping… Read More

April 28, 2022 @ 4:15 pm By JD Alois  |  

Big tech firm and iPhone creator Apple (NASDAQ:AAPL) is going to be hammered once again by the European Union. This time with accusations that Apple Pay is anti-competitive. Apple Pay was introduced by Apple in 2014 along with iPhone 6 and has been slowly rolled… Read More

April 28, 2022 @ 3:52 pm By JD Alois  |  

    A couple of weeks back, CI held a webinar with two investment platforms, Rialto Markets and Republic,  which both sell securities online. The topic of discussion was deal quality and the different types of securities issuers pitch when pursuing an investment crowdfunding offering…. Read More

April 28, 2022 @ 2:53 pm By Omar Faridi  |  

Ondo Finance has finalized a $20 million Series A to accelerate the adoption of DeFi “among mainstream investors.” This latest investment round was led by Founders Fund, the venture capital firm founded by Peter Thiel, and Pantera Capital. The funding will “allow Ondo to build… Read More

April 28, 2022 @ 2:50 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ:JKHY) announced that North Jersey Federal Credit Union (NJFCU) selected Symitar in order “to host its core in the Jack Henry private cloud and help enable its new technology strategy.” One of the key drivers of the core conversion was… Read More

April 28, 2022 @ 12:16 pm By Omar Faridi  |  

Propy, which claims to be the “premier” blockchain powered, real estate transaction and offer platform, and Abra, a digital asset wealth management platform, have announced a partnership that will “enable Propy customers to buy real estate by securing a loan using their digital assets as… Read More

April 28, 2022 @ 10:38 am By JD Alois  |  

Oddity, an early-stage beauty and health startup that has captured significant traction, has posted the information on its security token offering which is being powered by Securitize. As was reported yesterday, Oddity CEO and co-founder Oran Holtzman said they are democratizing investor opportunity by offering… Read More

April 28, 2022 @ 9:45 am By Omar Faridi  |  

Venly, a “major” blockchain tech provider from Belgium, announced that it has secured over €21 million (appr. $23 million) in Series A funding, led by Courtside Ventures along with contributions from Transcend Fund, Coinbase Ventures, Tioga Capital, High-Tech Gründerfonds, Fortino, Plug and Play, Leadblock Partners,… Read More

April 28, 2022 @ 9:35 am By JD Alois  |  

The Securities and Exchange Commission has issued charges against Block Bits Capital, LLC, Block Bits Capital GP I, LLC, and the co-founders Japheth Dillman and David Mata, alleging fraudulent offering of unregistered securities. Block Bits along with Dillman and Mata, apparently raised about $1 million… Read More

April 28, 2022 @ 9:17 am By JD Alois  |  

French biotech firm HCS Pharma, will be offering pre-IPO securities via a security token offering on the European Digital Assets Exchange or EDSX. EDSX entered the digital security space earlier this month announcing that it had completed all of the necessary requirements to operate as an… Read More

April 28, 2022 @ 8:51 am By JD Alois  |  

The House Committee on Financial Services has a busy day planned. Frist, a full Committee hearing is scheduled to address “Oversight of the Financial Crimes Enforcement Network”  or FinCEN. FinCEN is the enforcement arm of the US Department of Treasury. Himamauli “Him” Das, Acting Director… Read More

April 28, 2022 @ 8:29 am By Omar Faridi  |  

21Shares AG, which claims to be the largest issuer of cryptocurrency exchange traded products (ETPs), has announced the listing of the 21Shares ByteTree BOLD ETP (BOLD) on the SIX Swiss Exchange, the “world’s first” ETP that combines Bitcoin and Gold. BOLD has been developed “in… Read More

April 28, 2022 @ 8:25 am By Omar Faridi  |  

Over 8 million current accounts have reportedly been switched since a service making it a lot easier for clients to swap their banks or building society was introduced. The Current Account Switch Service (Cass) was introduced back in 2013 in order to remove all the… Read More

April 28, 2022 @ 3:14 am By Omar Faridi  |  

Danelfin, an AI-enhanced stock analytics platform with the objective “to help the +40k investors already using it every month to filter out the noise & make smart data-driven investment decisions,” has secured 75% (€212,797) of its €280,000 target via Crowdcube (at the time of writing)… Read More

April 28, 2022 @ 1:07 am By Omar Faridi  |  

Conjura, which claims to be the leading e-commerce data analytics platform, recently announced that it secured €15 million in Series A funding. The investment round was co-led by Act Venture Capital and MiddleGame Ventures, along with contributions from Tribal VC. Conjura will use the capital… Read More