Recently, the Federal Reserve Bank of St Louis did research on the potential of decentralized finance and the role that Ethereum has in its expansion. The paper was penned by Dr. Fabian Schär, a professor of Distributed Ledger Technology at the University of Basel in Switzerland. Security Concerns & Risks – The DeFi Roadblocks The […]
Tag: STO
43% of Robinhood’s Q1 2021 Revenue is from Citadel
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Editorial note: The title of this article was updated on May 5th, 2021, to provide further clarification on Robinhood’s source of revenue. The previous title may have been confusing. As one delves deeper into […]
Crypto Trading Platform INX Raises $125 million
Blockchain-based cryptocurrency trading platform INX Ltd. estimates to have raised $125 million in its token and equity offerings. The Ethereum-based IPO managed $85mn in token sales, and it involved more than 7,200 retail and institutional investors. The other $40mn was raised from private token sales and a pending private placement in Canada equaling CA$39.6mn ($32.2mn) […]
Bitcoin vs Ripple: What’s the Difference?
The crypto market is full of exciting investments that offer you a chance to participate in the decentralized economy. As you journey deeper down the rabbit hole, you are sure to encounter Ripple (XRP). Understanding the differences between Bitcoin vs Ripple (XRP) can help you to become a better investor, as both cryptocurrencies serve very […]
Due to Increased Demand, Social Trading Platform Firm eToro Now Supports DOGE
Bitcoin may have brought cryptocurrencies to the limelight, but altcoins seem to be enjoying media attention in recent weeks. The unprecedented surge in the value of small-cap cryptocurrencies has brought an influx of investors who have called for their listing on popular trading platforms. The latest is meme-based cryptocurrency Dogecoin (DOGE) which enjoyed great fame […]
CGS-CIMB & iSTOX Roll Out Digital Securities Issuance in S$150-Million Commercial Paper Programme
Leading financial services provider CGS-CIMB and private capital platform iSTOX announced today the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (In Singapore dollars or US$112-million) multi-tranche commercial paper will be used to fund operating expenses and near-term obligations of CGS-CIMB. The first tranche of S$10 million was over-subscribed […]
Revolut to Enable its Users to Withdraw Bitcoin to External Wallets Next Week
UK-based Revolut is all set to allow its users to withdraw Bitcoin (BTC) from the platform to an external wallet. This was released in an announcement through a blog post which has now been deleted due to a reportedly scheduling error. The announcement was set for next week on Thursday. In its deleted post, Revolut […]
Monthly Report: Ethereum Sets New High as Banks Show Support for Crypto
Ethereum made headlines this week after touching new highs on Wednesday and later on Thursday: here is your monthly review for April 2021 Bitcoin struggles to break $56k while Ethereum closes in on $2.8k It has been another frustrating week for Bitcoin bulls who failed in their attempt to send BTC price above the $56k […]
SBI Group CEO Reveals Ripple IPO Plans After Settlement With SEC Over XRP Lawsuit
The CEO of SBI Group, Yoshitaka Kitao, has disclosed Ripple’s plans to go public once its case with the United States Securities and Exchange Commission (SEC) is settled. SBI is the largest shareholder of Ripple Labs. Kitao mentioned this in his speech during an earnings presentation call. Ripple’s Executives Plan To Take Ripple Public According […]
Securities Regulators Remain Busy with Warnings Issued, Enforcement Actions Taken, and Decisions Delayed
Securities regulators and enforcement officials do not have the luxury of downtime. With markets surrounding digital assets operating at all hours and on a global scale, there is a constant supply of bad actors needed to be kept in check. This past week has been no different, with various developments taking place surrounding the acceptance […]
