Tagged: blocktower capital

South Korean National Assembly Introduces Amendment to Officially Bring Cryptocurrencies Under Country’s Legal System

The South Korean National Assembly introduced an amendment on March 5, 2020 which will officially bring decentralized cryptocurrencies under the $1.5 trillion economy’s legal system.  The amendment, as drafted, makes changes to the established Act on Reporting and Use of Specific Financial Information, in order… Read More

TrustToken’s TrueUSD Stablecoin Now Trading on Bittrex: Reports “Huge” Response

This past January, TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. TrueUSD aims to offer a more stable… Read More

Decentralized IT Security Marketplace PolySwarm Receives Crypto-Focused BlockTower Capital Investment, Prepares for Nectar Tokensale

Decentralized IT security marketplace PolySwarm has received an investment from cryptocurrency investment firm BlockTower Capital. BlockTower Capital launched in August, raising $140 million from backers including Union Square Ventures LLC and Andreessen Horowitz to bring professional trading and portfolio management to emerging digital assets like… Read More

Time to Un-Tether? Enter TrustToken and its TrueUSD Stablecoin

TrustToken, a global platform for tokenizing fiat currencies and real-world assets backed by Stanford-StartX, FJ Labs, and BlockTower Capital, launched TrueUSD, reportedly the first fiat-backed stablecoin to offer token-holders legally protected certificates of ownership of US Dollars. Seeking to claim wary Tether customers – especially given… Read More

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