IOTA mainnet is back online after the IOTA foundation switched back on the coordinator. They had switched the coordinator off following a hack that saw the hackers exploit a vulnerability in Trinity their desktop wallet. It has been reported that the IOTA mainnet went back online on Tuesday. This was after they were hacked and […]
Category: STO News
AlphaPoint Receives $5.6M SAFE Investment
This week, the New York-based blockchain service provider, AlphaPoint received bridge financing in the form of a $5.6M SAFE investment. Interestingly, the company didn’t reveal any specific information regarding the identity of the investor. In fact, the company kept the details of the investment so private that initially, there was confusion as to whether the […]
How Does the COVID-19 Stock Market Crash Compare to Past Epidemics?
The coronavirus is spreading quickly across the globe — but its economic impact has been even faster. Yesterday, the Dow Jones Industrial Average experienced its largest single day drop since the financial crisis in 2008. How much further will it drop — and for how long? A review of U.S. stock market activity at the […]
Circle To Boost Adoption of USD Coin (USDC) With Business Accounts and API Services
As Circle looks to dive deeper into making its stablecoin (USDC) a household name, it is continuing to spin-off acquired projects that aren’t a core business. Next up on the chopping block is the crowdfunding platform SeedInvest that it bought back in October of 2018. Circle has the intention to remain focused on the development […]
Japan to See Real Estate Tokenized through New Platform
Collaborative Platform With an abundance of uninhabited homes lining rural regions of Japan, an opportunity was presented to those that looked closely. As a result, an ambitious company, by the name of LIFULL, saw this and set out on a path that would see these homes revitalized. In doing so, lucrative investing opportunities would arise, […]
Securitize and LIFULL Partner to Tokenize the Rural Japanese Real Estate Market
A partnership between two companies has announced the completion of a Blockchain Crowdfunding solution in an attempt at solving Japan’s Vacant house crisis. With an almost aging workforce and most of the youth migrating to urban areas in search of job opportunities leaving the countryside properties deserted. It has been reported that two companies have […]
Startup Solana Seeks A $2-$10M Raise; DISH and KIN Jumping To A New Blockchain?
U.S television network provider, DISH, is allegedly looking to leverage the Solana protocol for a 5G tokenization project. This blockchain’s fundamentals have also attracted Kin, a payment platform built by Kik and currently runs on the stellar network. Both DISH and Kin are set use Solana as the building blockchain network in a bid to […]
Fat Burger Secured $40M via Tokenized Securities
This week, the parent company of the popular food chain Fat Burger, Fat Brands, received a $40 million capital infusion. Importantly, the company raised the funds via tokenized securities. Company officials stated that the funding event was just one of many planned for the year, with the end goal of raising a total of $500 […]
ECSE to Enter STO Pilot Program with Blockstation
Pilot Program Another securities exchange, the Eastern Caribbean Securities Exchange (ECSE), has seen the merit behind digital securities, and signed a fresh letter of intent (LOI) with Blockstation. This letter represents an upcoming pilot program, which will see Blockstation act as a service provider for the ECSE. With Blockstation touting a comprehensive tokenization platform, this […]
Brave, TAP Network Partner To Connect BAT To Real Rewards At Over 250k Top Brands
Privacy-focused, Brave browser, is now in a partnership with TAP Network, a rewards-as-a-service (RaaS) platform, in a bid to increase the number of merchants and brands who redeem BAT tokens to real life gift cards and rewards. Brave Browser currently serves over 12 million monthly users and over 440K verified publishers with privacy enhanced advertisement […]
