Property crowdfunding platform CapitalRise has raised more than £1.9 million through its latest equity crowdfunding campaign on Seedrs, which is set to close later this week. The funding round was launched last month, originally seeking £1 million. The initiative made its debut just a little over a year after raising £2,395,250 through its first Seedrs … Read more
Blockchain venture capital fund NEM Ventures has reportedly invested in SharpShark, a Chilean startup leveraging the Symbol blockchain platform to offer timestamping solutions for content creators to protect their intellectual properties. It will also allow them to tokenize or transfer their creations. Content creators and blockchain digital protection According to the report, SharpShark is designed … Read more
PayPal shares jumped nearly 5% after market close on Wednesday as the payment giant announced record revenues of $5.26 billion for the second quarter, and said it added 1.7 million new merchants during this period. In a call discussing the results, PayPal executives said society has reached an “inflection point” when it comes to the … Read more
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares of BTCS Holding AG, consisting of 6.4% treasury shares and 10% … Read more
Avanti, Wyoming’s first bank focusing on digital assets is scheduled to open this coming October. According to Avanti Financial Group, Inc. the aspiring bank received formal notice from the Wyoming Division of Banking that Avanti’s application for a bank charter was accepted as complete on July 15. Additionally, its application timeline has been accelerated. Avanti … Read more
PledgeMe, an investment crowdfunding platform operating in New Zealand, is reporting the first dividends paid from a crowdfunded securities offer. According to PledgeMe, Wellington-based payroll intermediary company, Thankyou Payroll, announced their first dividend payment at their AGM last night. “We understand that we’re not only… Read More The post New Zealand: PledgeMe Reports First Dividends … Read more
Birchal, the top investment crowdfunding platform in Australia, has published a report updating on progress being made in Australia regarding “crowd sourced funding” (CSF) as it is called in Australia. According to Birchal, since the commencement of Australia’s CSF industry in 2018, over 80 Australian… Read More The post Birchal Publishes Update on Crowdfunding in … Read more
Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum Classic Trust, and the Digital Large Cap Fund. Grayscale’ Publicly Traded Offerings Grayscale Investments announced Monday that … Read more
Real estate crowdfunding platform Groundfloor says it had a record-breaking quarter. According to a post on its offering page, Groundfloor states that it experienced an investment volume record during Q2: “This past Q2 2020, the company generated its highest quarterly retail investment volume in the… Read More The post Groundfloor Says Q2 was a Record … Read more
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative and criminal liability for dealing in bitcoin (BTC). … Read more