Tagged: switzerland

Fintech Incubator & Accelerator F10 Names Switzerland Banking Group Raiffeisen The Program’s Latest Corporate Member

Switzerland-based incubator and accelerator F10 announced on Monday that co-operative bank Raiffeisen was the newest corporate partner to join its ranks. According to the program, Raiffeisen is Switzerland’s third-largest co-operative bank after UBS and Credit Suisse and it serves 3.7 million customers through its 930 locations… Read More

IDEX Token Sale Raises $6 Million to Create Decentralized Crypto Exchange

Aurora Labs S.A., a Panama based company, has completed their initial coin offering raising over $6 million. Aurora has launched the IDEX – a real time decentralized cryptocurrency exchange. The funds received will be used to fuel platform growth. Aurora announced a strategic partnership with… Read More

Switzerland Based Crypto Valley Association Publishes Code of Conduct for Booming ICO Industry

The Crypto Valley Association (CVA), based in the epicenter of ICOs in Zug, Switzerland, has published a Code of Conduct for Initial Coin Offerings. Founded in 2017, the CVA started with just 16 members at launch and today now counts over 550 corporate and individual… Read More

Jibrel Network ICO Hits $30 Million Token Hardcap One Month Ahead of Schedule

Jibrel Network, a decentralized protocol for storing and transacting traditional financial assets on the ethereum blockchain, has hit its hard cap of $30 million a month ahead of schedule, according to a report from the company.  The initial coin offering (ICO) closed on December 27th…. Read More

Wings Foundation Partners with Aurora Labs on IDEX Listings

Wings Foundation has created a new arrangement with Aurora Labs S.A. According to the terms of this engagement all ICOs participating in the Wings crowd evaluation process will be listed on Aurora’s decentralized exchange, IDEX , immediately after launch. Wings Foundation is based in Switzerland and and… Read More

Sirin Labs Says $158 Million Raised in Initial Coin Offering in Record Crowdsale

Sirin Labs, based in  Switzerland, is reporting having successfully completed their initial coin offering (ICO) having raised $157,862,507 – one of the largest ICOs to date. Sirin is the creator of a Blockchain based smartphone that is said to incorporate heightened security. Unlike current models… Read More

Finom Says Stock Capital Increased at Unprecedented Level as ETH 7,760 Contributed by Shareholders

Finom, based in Switzerland, claims the “largest increase in stock capital via cryptocurrency in world history”. The blockchain focused company Finom AG has announced it has become the first company in the world to increase its stock capital by an unprecedented level of Ether (ETH)… Read More

Bloomio Wants to Redefine Venture Capital with Launch of Blockchain based Crowdfunding Platform

  Bloomio, a Zug, Switzerland based Fintech startup, has launched a new spin on equity crowdfunding. Bloomio is adopting Blockchain to allow early stage companies to raise equity capital in tokenized funding rounds. Having completed the first seeding round, raising CHF 700,000 from founders and private… Read More

Formerly Saxo Bank Arena, Bitcoin Billionaire Renames Hockey Rink Bitcoin Arena

How times are changing. Reported Bitcoin billionaire Niklas Nikolajsen has become the new sponsor of the Danish Hockey team Rungsted Seier Capital. The team has been playing at Saxo Bank Arena, sponsored by the more traditional Saxo Privatbank, but as of December 27, 2017, the rink… Read More

F10 Demo Day Report: 12 Fintech Startups Graduate

Swiss Fintech Incubator and Accelerator F10 has announced that the second Demo Batch Day has been its biggest yet, with over 400 people attending. The Demo Day took place in Zürich  on December 7th. The Demo Day marks the end of months of work for the Startups, who… Read More

Finom Blockchain Corp Files Reg D for $101 Million Equity ICO

Finom AG has announced a $101 million Initial Coin Offering (ICO). Finom says it has filed for a Reg D exemption for the equity offering thus making it compliant to accept accredited investors in the US. The  token sale is to create a Blockchain-based platform to reduce… Read More

Former T. Rowe Price Senior Executive Todd Ruppert Joins Swiss Tech Firm Melonport

Melonport AG, a Swiss company for technology regulated investment funds, announced on Wednesday it has appointed Todd Ruppert, the former CEO of T. Rowe Price Global Investment Services, its new advisor and council foundation member for the newly created Melon Foundation.  According to Melonport, Ruppert… Read More

Switzerland’s wemakeit Rewards Platform Now Accepts Bitcoin as a Payment Option

wemakeit, a rewards based crowdfunding platform, is one of the first platforms in the world to accept Bitcoin as a payment option. Introducing Bitcoin as a payment option is described as the first step towards the future. wemakeit management believes we are on the brink… Read More

Zürcher Kantonalbank Switzerland’s largest Cantonal Bank Joins F10 Fintech Startup Accelerator

F10,  one of the leading Fintech accelerators and incubators in Switzerland, has added Zürcher Kantonalbank, Switzerland’s largest cantonal bank as a corporate member. Remo Schmidli, Head of Multichannel Management at Zürcher Kantonalbank, said the move will see their bank gain access to the Fintech startups passing through… Read More

Switzerland-Based Fintech Crealogix Announces Asia/Pacific Region Expansion

On Wednesday, Switzerland-based CREALOGIX announced it is expanding business actives in the Asia and Pacific region. The company reported that with this expansion it will be able to cooperate with established local partnerships, including business and tech financial service provider, Cognizant. CREALOGIX noted that in addition… Read More

Tezos Terms Call Contributions “Donations”, Contributors Apparently Waive the Right to Class Action

Recently someone forwarded a copy of the Tezos Terms of Allocation regarding their spectacularly successful Initial Coin Offering (ICO). To update anyone that has not followed the odyssey of the high profile ICO, Tezos – a self amending cryptographic ledger”, raised $232 million this past… Read More

Status ICO Reports $100 Million Raised in Under Three Hours, Announces $1 Million Bounty Fund

Status is making three big announcements at DevCon3.  According to the company, Status raised $100+ million for their SNT token sale is under three hours. Status is also announcing the beta for “Status Hardwallet” for wireless wallet transactions, introducing a new COO who joins Status from… Read More

Australian Securities and Investments Commission Enters Agreement with Swiss Financial Markets Authority to Partner on Fintech

The Australian Securities and Investments Commission (ASIC) has added a new Fintech partnership arrangement with a deal signed with the Swiss Financial Markets Authority (FINMA). Both regulators have been impressively open to financial innovation so an agreement to cooperate on disruptive finance simply makes sense…. Read More

Wheels Fall Off: Infighting at Tezos Puts ICO Windfall in Question

Everyone was talking about the Tezos Initial Coin Offering when it raised $232 million this past summer. Now everyone is talking about Tezos for all of the wrong reasons as an internal squabble has called the entire project into question. Tezos (ancient Greek for “smart-contract”), just… Read More

Streamr ICO Closes Early Having Raised CHF 30 Million

Streamr reports it has closed its Initial Coin Offering (ICO) early having raised CHF 30 million (USD $ 30.74M) from more than 1300 backers. Streamr had set a hard cap on the offer but it was originally scheduled to run until October 26th. The public… Read More