The business model most people attribute to initial coin offering doesn’t always hold up. The recent Telegram “ICO” shows how some of these offerings are no longer accessible to the public. Changing the ICO Business Model If Telegram’s recent funding is an example, the concept of an ICO is no longer public. While the company […]
Canadian cryptocurrency exchange Coinsquare has raised $30 million in new equity financing.
This week the well known Canadian digital asset exchange, Coinsquare announced its plans to launch an initial public offering (IPO) hoping to raise $150 million CAD ($120Mn USD). Coinsquare hopes the funding will help the platform be a direct competitor with cryptocurrency brokerage services like Coinbase and other U.S. based exchanges. Also read: Russia Finalizes Federal Law […]
In an interview on CNBC, Coinbase president, Asiff Hirji provided some veiled clues as to what is coming for the cryptocurrency exchange in the future and gives deeper insights into activities over the past few months.
The two-year-old company NAGA leveraged its IPO success and has already raised $17 mln from its ongoing ICO to build an ecosystem for trading virtual assets and traditional financial products. Here is their story.
German FinTech success the NAGA Group announces its pre-sale starting Nov. 20.
There has been some discussion regarding the difference between initial coin offerings and initial public offerings. It is evident the two have some degree of similarity on paper, even though they are two entirely different concepts in reality. In fact, one could argue the two ideas couldn’t be further apart from one another right now. IPOs and ICOs […]
Civic has extended its huge daily gains to reach almost $0.70 while Filecoin raises a record $252 mln in its ICO.
The Hong Kong Stock Exchange (HKEX) is planning to launch a blockchain-powered private market aimed at helping smaller firms obtain financing. The post Hong Kong Stock Exchange to Launch Blockchain-Powered Market in 2018 appeared first on CoinDesk. S…
China’s first online-only insurer ZhongAn has filed for an initial public offering, revealing new details about its blockchain development. Source
South Korea currently has no regulations regarding bitcoin, even as the digital currency has gained immense popularity following its recent price spikes. Lawyer Kim Kyung Hwan outlines the six most important legal issues surrounding bitcoin in the country. Also read: Why South Korean Bitcoin Adoption Could Outpace Most Other Countries This Year Regulations Expected in the […]
The Securities and Exchange Commission has not said much about crypto companies issuing new tokens, usually called “ICO’s”, Initial Coin Offerings. The issue has remained silent. Now SEC provided a statement on May 23, saying they want ICO’s to be fair. They want cryptocurrency startups to protect their investors. Also read: Russia’s Central Bank Drafting Proposal to […]
The connection between startups and investors go way back in time. Entrepreneurs have always been approaching investors to raise the required capital to run their business in exchange for a certain percentage of equity. On a later stage, they go public with an IPO, issuing shares that can be bought, sold and traded over exchanges. […]
The concept of a Bitcoin ETF continues to spark the imagination. Such an investment vehicle provides a convenient gateway for mainstream investors. Until that happens, though, we can only dream of such a vehicle. Bitcoin Investment Trust, a company seeking SEC approval for its IPO, remains optimistic. In fact, the trust has increased its IPO […]
Digital currency enthusiasts will be pleased to hear the era of IPOS and ICOs is slowly coming to an end. Especially the altcoin scene has seen far too many ICOs and IPOS throughout the years, most of which turned out to be a complete scam in the end. It has taken quite some time, but […]