Market

Securrency Secures $17.65 Million to Deliver Blockchain-Based ETFs

  • Securrency develops blockchain-based regulatory-compliant financial instruments and aims to solve current ETF challenges.
  • The second biggest investor in the round was the Abu Dhabi Investment Office, which believes that Securrency’s services will play a very important role.
Securrency founder and CEO Dan Doney deliers the keynote speech at the World Blockchain Forum in New York. Securrency

  • Securrency develops blockchain-based regulatory-compliant financial instruments and aims to solve current ETF challenges.
  • The second biggest investor in the round was the Abu Dhabi Investment Office, which believes that Securrency’s services will play a very important role.

Measure Protocol Raises £2 Million to Advance Personal Data Marketplace

  • The new investment will be used to accelerate audience growth and further help develop the core technology.
  • Participants in the funding round strongly believe in what Measure is doing.
Crypto wallet concept illustration. Hacker Noon

Huobi Japan Raises $4.6M, Issues New Stock

  • The new stocks will be issued to the Tokai Tokyo Financial Holdings over private placement.
  • Huobi Japan CEO commented on the partnership and funding initiative, emphasizing on the recognition of blockchain tech by traditional brokerage services.
Ripple Labs CEO Brad Garlinghouse. Ripple Coin News

$200M Raised by Ripple in Series C Funding Round

  • The new funding round was led by alternative asset investment firm Tetragon, and saw participation from SBI Holdings and Route 66 Ventures.
  • The company claimed that 2019 was its "strongest year of growth", with it having customers in over 45 countries.

Maker Sells $27.5M in MKR, Focuses on Asia Market

  • The new purchase represents 5.5% of the total supply of Maker (MKR) tokens.
  • MKR tokens are used to govern and operate the Dai ecosystem, the most popular crypto-backed stablecoin pegged to USD.

Interior Design Company DecorMatters Raises $10 Million

  • ZenStone Venture Capital led the funding round, helping invest the largest part of the $10 million.
  • Through the 'Decor Matters: Design & Shop' app users can chose designs and furniture alongside professional interior designers.

World Chess Issues “Hybrid” Tokens, Convertible to IPO Shares

  • Qualified investors from the U.S and E.U. have been able to buy the World Chess digital token since Friday.
  • Following the IPO, investors can either convert their tokens into shares, or privately trade them with other investors.

Ripple Completes $50 Million MoneyGram Investment Commitment

  • By investing another $20 million into MoneyGram, Ripple has now acquired nearly 10% of the company's outstanding common stock.
  • The two companies entered into a 2-year strategic partnership back in June, with Ripple committing to invest $50 million in total.

New Binance Launchpad IEO: Troy Trade

  • Troy Trade will try to raise $4 million through its token sale, for which it has allocated 8% of its total supply.
  • The firm has also prepared 40 million tokens to be airdropped to Binance Launchpad users who were unable to participate in the IEO.

BCB Blockchain Pledges $300,000 to Philippine Startups

  • BCB Blockchain has committed to partnering up with the Philippine government in order to facilitate the creation and development of startups.
  • Promising to work closely with educational partners, the company further signed agreements with universities in Luzon, Visayas and Mindanao.

The E.U. Unveils a €400M Blockchain, AI Investment Fund

  • A total of €100 million have been put together for the investment scheme, while another €300 million are expected to come from private investors.
  • Estimated to have spent $674 million on blockchain this year, Europe is second in the world, behind the U.S..

Crypto Risk Management Platform TRM Labs Raises $4.2 Million

  • The TRM platform is able to inspect virtual asset transactions in real time and expose any signs of fraud or other financial crimes.
  • While the expansion of cryptocurrency is growing with every day, financial institutions need a tool to safely

U.S. Homeland Security Blockchain Grant Awarded to Factom

  • The platform Factom will develop will help organizations to manage certificates and licenses "associated with tracking raw material imports".
  • This grant marks the second investment that the Department of Homeland Security has made into Factom's technology.

Private Jets Leasor Plans to Raise $10 Million for Crypto Charter Flights

  • Payments will be made in Jet Token's Ethereum ERC-20 token to allow for flexibility and quicker bookings.
  • How these ERC-20 tokens will be issued is still unclear, though clients will be able to purchase them with cash or Bitcoin.