Market

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.
An airplane at sunset. Freepik

  • 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.
Biometric cybersecurity startup Keyless present their product at a conference. Ripple Coin News

Biometric Cybersecurity Startup Keyless Attracts Notable Investors

  • Keyless managed to raise $2.2 million from a seed funding round.
  • Ripple Xpring's Senior VP describes that they saw potential in the cybersecurity company's product and decided to bet on it.
Jihan Wu, co-founder of Bitmain, speaking at a conference. CoinDesk

Bitmain Files for U.S. IPO Backed by Deutsche Bank

  • In order to increase its chances of a U.S. listing, the company hired a former Nasdaq representative.
  • Although it is not known how much the firm is looking to raise through the offering, previous reports place that number around $400 million.
Colorful housing establishment in Reykjavik, Iceland. Freepik

£500 Million in Real Estate to be Tokenized by tZERO and the Tezos Foundation

  • tZERO will tokenize the assets, while the Tezos protocol will serve as the base infrastructure to "deploy, transfer and store the digital assets and smart contracts".
  • The first security tokens will represent £20 million in equity of a waterfront development.

Korea’s Government Will Continue Supporting Blockchain Projects in 2020

  • During a meeting, the Korea Internet Security Agency said it will continue supporting blockchain-based projects in 2020.
  • The agency has allocated $9 million to support around 10 projects, with the maximum cap for funding being $1.2 million per project.

PeerNova Raises $31 Million with the Help of Overstock’s VC Arm

  • With the completion of its Series B funding round, PeerNova's total fundraising has reached $74 million.
  • The company first started off as a bitcoin mining venture, but has since focused on enterprise blockchain software.

SE Digital Becomes Thailand’s First Regulated ICO Portal

  • The new ICO Portal Operator is already planning the launch of its first token offering, with a targeted transaction size of $98 million.
  • Another company, ERX, has also filed for a Digital Assets Exchange License, looking to provide a secondary market for tokens issued through SE Digital.

$17.1 Million Raised for Skale Network’s Mainnet Launch

  • The Ethereum-compatible blockchain scalability platform now has over 40 investors from the U.S., European Union, Japan, Korea, Hong Kong and Singapore.
  • The newly raised funds will be used to expand the 20-man engineering team, improve security, and stabilize the network.

Encryption Startup StrongSalt Raises $3 Million in Seed Round

  • The company plans to use the new investment to further the development of its encryption platform, which will bring standardized encryption techniques to blockchain.
  • Backed by three encryption-related patents, the startup is planning to release its encryption API platform in Q4 2019.

Israeli Startup Secures $4M for Offline Crypto Wallet with Online Connectivity

  • The $4 million funding round was led by the Co-Founder of Checkpoint, Marius Nacht, and Discount Capital.
  • The new cold wallet uses "unidirectional connection" to link it to a blockchain, where it will have "hot wallet functionalities".

MERJ is the First National Stock Exchange to Launch a Tokenized IPO

  • The sale of the tokenized shares will begin today, 10 September, at 09:00 U.K. time.
  • The exchange is trying to raise $4 million through this sell, and will be issuing 1,652,893 new shares, with a price of $2.42 per share.

Alan Howard to Launch a $1 Billion Crypto Hedge Fund

  • Elwood's target will be to find companies that satisfy its due diligence to dodge blow ups.
  • Bin Ren, CEO at Elwood, commented on and advocated their venture.

BitPAC Launches Politicoin ICO to Support U.S. House Candidate

  • There will be no value associated with the token as it will be only for utility, but it will provide its holders with some sort of voting rights further down the line.
  • For now, BitPAC will be supporting only one candidate, Dan Bishop, a North Carolina State Senator.

Binance Announces Its Eight Launchpad Project

  • Binance returns to high-throughput, quick-finality blockchains by hosting an IEO for Perlin's Wavelet blockchain. Lottery rules have been updated.
  • The project is backed by the Singapore Government, the Indian Government and Bitmain among others.