Popular NFT marketplace OpenSea is getting new investment offers that could increase its valuation by about 6x to $10 billion or higher, according to a The Information report, citing people with direct knowledge of the matter. The New York-based company hasn’t initiated the new fundraising process yet. Just four months back, OpenSea raised $100 million […]
Category: STO News
The Fed’s Rate Hike Could Cost Jobs As Bitcoin Continues Selloff
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Federal Reserve has been essentially seeking to tackle the unemployment dilemma for the past 20 months. This should come as no surprise since the central bank’s top goal is maximum employment, followed […]
Institutional DeFi: Why Trusted Counterparty Liquidity is the Key to Adoption
2021 has been a big year for digital assets. Core digital assets like Bitcoin caught the attention of the mainstream press (MicroStrategy & Tesla’s balance sheet allocations to name a couple) and the world has also seen Wall Street behemoths like BNY Mellon, Goldman Sachs and JP Morgan acquiesce to build out crypto research & […]
SEC Changes Remote Vote Weighting, Sparks Conflict of Interest Warnings
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. The US Chambers of commerce has slammed the US Securities and Exchange commission’s (SEC) new rule on proxy voting. The influential government body described the new rule as evidence that the agency is “not […]
Investing in Harvest Finance (FARM) – Everything You Need to Know
Harvest Finance (FARM) is a multi-chain yield aggregator. This advanced protocol helps to simplify DeFi (decentralized finance) investing by streamlining the core processes for yield farmers. The network consists of a cooperative of users that pool resources across a decentralized network that leverages multi-chain smart contracts to direct user funds to the pools with the […]
Exodus ‘Buy Back’ Program Set to Commence while Tokai Tokyo Partners with ADDX – Digital Securities Weekly
Exodus Buy-Back With $75 million raised from thousands of investors, digital asset wallet Exodus clearly has a bright future. Unfortunately, a lack of liquidity found on secondary trading markets recently led to a disconcerting and pronounced drop in share prices. This event saw Exodus shares drop to as low as $9 each. Unsurprisingly, Exodus strongly […]
Gemini Exchange Planning To Raise $400 Million In New Funding Round, Valuation At $7 Billion
Cryptocurrency exchange Gemini plans to raise $400 million in a funding round that will see its valuation to about $7 billion. Gemini Joins League Of Crypto Firm Who Have Raised Their Valuation According to a report by Bloomberg, Gemini, co-owned by the Winklevoss twins (Cameron and Tyler), plans to take advantage of the current surge […]
Top 5 Gaming Coins to Invest in 2022
The cryptocurrency industry is now actively being described by most people familiar with it as the future of finance and the economy. However, more than that, its underlying technology, the blockchain, is being described as the future of everything. From the internet to supply chains, digital finance and running smart cities, blockchain can be implemented […]
Market highlights November 18: Cryptos mixed, Amazon to ban Visa?
The crypto market was mixed over the past 24 hours, with some of the top 10 cryptos registering gains, while others registered losses. The biggest news today: Amazon will stop allowing Visa credit card transactions on its platform in the UK from mid-January 2022 due to excessive transaction fees. The UK100 closed lower yesterday after the UK’s Office for National Statistics […]
Why Constitution DAO is About More Than Just “Crypto”
Neither the author, Kingsley Alo, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. A newly formed decentralized autonomous organization (DAO) has raised over $25 million to purchase a copy of the US constitution. The rare copy of the constitution — one of 13 in existence — is […]
