BitPay, one of the main crypto payment providers in the world now, has recently announced that it would start to support Ethereum-based payments. Ethereum (ETH) is the second-largest token by market cap, which makes this a huge upgrade in the services. According to the press release, all companies that are already using the services will […]
Category: STO News
Liechtenstein Regulator Grants Approval To German-Startup Neufund For Token Offerings
Neufund, the Fintech startup based in Germany, starts launching public offerings onto its equity platform (which is a tokenized one) after getting clearance from an economic regulator in Liechtenstein. On Monday (today), the startup announced the tokenized equity’s retail-grade offerings to the general public. The CEO and co-founder of NZA (Neufund Zoe Adamovicz) affirmed that […]
Harbor Tokenizes $100 Million in Real Estate Funds on ETH
One of the leading tokenization platforms, Harbor announced this week that they successfully tokenized $100 million in real estate funds. The firm tokenized four major funds with the goal to increase liquidity for investors. The move showcases growing interest by investors towards more liquid alternative investments. As part of the tokenization, Harbor provides investors with […]
Harbor Announces $100 Million worth of Tokenized Real Estate on Ethereum
On September 16th 2019, Harbor announced a deal with iCap Equity to tokenize $100 million worth of real estate funds on Ethereum. Notably, the deal exhibits a pivot by Harbor, with a different means to achieve its same vision. Harbor Tokenizing $100 Million Worth of Real Estate Explained Harbor originally had the goal of helping […]
40% of Millenials Would Invest in Cryptocurrencies During a Recession
It seems that millennials have a different mindset than most other generations. According to a new survey by eToro, around 40% of millennials would be open to investing in cryptocurrencies as a hedge during a recession. With around two-thirds of all Americans fearful of a coming recession, each generation has different opinions on the best […]
Investors In Dapper Labs Will Soon Be Able to Convert Their Securities to Tokens
Recently, the Warner Music Group announced it was investing some $11.5M in Dapper Labs, the company responsible for creating CryptoKitties. Pending SEC approval, investors in the company will soon be able to ‘tokenize’ their company stock. Could tokenized securities be coming to one of the largest dApp producers on the Ethereum blockchain? It seems so, […]
France and Germany Issue Statement Agreeing to Block Facebook’s Libra in Europe
After a surprise rejection of the Libra by French authorities recently, it seems Germany is now also jumping on board. The two countries issued a joint statement condemning Facebook’s cryptocurrency plans. Facebook’s cryptocurrency aspirations have been put on hold in Europe as both France and Germany have come out against the idea. In a joint […]
Circle CEO: China’s New Stablecoin Could Propel the Yuan to Worldwide Use
In a recent interview with CNBC, CEO of Circle Jeremy Allaire made his case why the new cryptocurrency to be issued by the People’s Bank of China (PBoC) could change global commerce permanently. In fact, it could propel the Chinese yuan to world prominence never seen before. With the trade war between China and the […]
Prometheum Acquires InteliClear Post Trading Systems
The popular security token exchange Prometheum announced the acquisition of the InteliClear clearing system this month. The addition places Prometheum as the front runner to be the first SEC-registered all-inclusive Alternate Trading System (ATS). The news showcases the growing competition in the sector and symbolizes a shift in strategies amongst the top exchanges. An Industry […]
Exclusive: Libra Investment Token Vendors Selling Thin Air
Calibra COO Tomer Barel told Finace Magnates that Facebook has no connection to preliminary trading in the tokens.