Archive | Investing

BitPesa closes $2.5 million funding round

February 1st, 2017 by

Kenya-based bitcoin payments startup BitPesa has raised $2.5 million in a new Series A round led by Draper VC, and drawing support from Greycroft Partners, Blockchain Capital, BnkToTheFuture, Digital Currency Group, Pantera Capital Future\Perfect Ventures and Zephyr Acorn. BitPesa CEO Elizabeth Rosielleo revealed that the funds will be used to focus on customer acquisition and […]

BitFury Group gets $30m investment from Credit China Fintech

January 30th, 2017 by

San Francisco blockchain tech provider BitFury Group received $30 million as investment from Hong Kong-listed fintech company Credit China Fintech. The deal includes an investment in BitFury shares and the establishment of a joint venture focusing on the Chinese market. The joint venture will be BitFury’s first major venture in China, and according to CNBC […]

Grayscale Investments files $500M IPO for the Bitcoin Investment Trust

January 24th, 2017 by

Grayscale Investments has filed with the Securities and Exchange Commission (SEC) to list the Bitcoin Investment Trust as an exchange-traded fund in a $500 million initial public offering (IPO). The trust, which launched in 2013 and exclusively invests in bitcoin, is one of the few options available to institutional investors who seek to exposure to […]

Securities Exchange Commission delays decision on SolidX Bitcoin Trust

January 10th, 2017 by

The U.S. Securities Exchange Commission (SEC) announced that it is delaying its decision whether to approve the listing of SolidX Bitcoin Trust on the NYSE Arca exchange. SolidX first filed a registration statement (Form S-1) with the SEC on July 11, 2016, proposing to launch its SolidX Bitcoin Trust. SolidX Bitcoin Trust will not be […]

Axoni raises $18M in Series A funding

December 30th, 2016 by

Blockchain company Axoni completed an $18 million Series A financing round that was led by Wells Fargo and Euclid Opportunities, Icap’s fintech investment business that Axoni was already previously partnered with. Axoni is one of a number of startups in the blockchain and distributed ledger space seeking to provide services to major financial firms. “We […]

CISE approves listing for Global Advisors Bitcoin Investment Fund

December 21st, 2016 by

Global Advisors Bitcoin Investment Fund (GABI) has been listed on the Channel Islands Securities Exchange (CISE). That approval makes GABI the first such fund to achieve listing on a global exchange, and the very first digital asset listing on the Channel Islands exchange. That listing became active today at 8 AM GMT. Commenting on the […]

Bitstamp starts new investment campaign on BnkToTheFuture

December 9th, 2016 by

Bitstamp has launched an investment initiative on online investment platform BnkToTheFuture to obtain US$1.2 million in funding at a $60 million valuation. “As Bitstamp has invested heavily to be fully licensed we are now focused on growth and product development. We see opportunity to get to the next level by relatively small investment. This investment […]

Ripple raises $55M in Series B funding round

September 16th, 2016 by

Ripple, the New York regulated San Francisco based blockchain firm, has announced the completion of a $55 million Series B financing round. The financing includes participation from new investors including Standard Chartered, Accenture Ventures, SCB Digital Ventures, the venture arm of Siam Commercial Bank, and SBI Holdings. Additional investors participating in the round include Santander […]

Bitcoin processor Coinify raises $4m in series A investment round

August 5th, 2016 by

Coinify, a digital currency payment processor, announced it has raised $4 million in series A investment round from SEB Venture Capital and SEED Capital Denmark. “Coinify is a blockchain payment company with the mission to bridge the gap between emerging blockchain and traditional finance industries. The fact that our current investors are joined by a […]

Gibraltar Stock Exchange adds bitcoin backed ETI

July 27th, 2016 by

Gibraltar Stock Exchange announced it has approved the inclusion of BitcoinETI as a tradable instrument on the exchange platform. The BitcoinETI is being issued by a firm called iStructure PCC PLC, based in Gibraltar. Local firms Argentarius ETI Management Limited and Revoltura Limited were also involved with the issuance. The exchange said it was the […]