Algo Capital closes new blockchain-focused fund on $200m, doubling its original goal
Algo Capital, a financial institution focusing on boosting access, adoption and liquidity of the native digital currency Algo, has closed its Algo VC fund on $200m.
Swiss regulator reminds blockchain FinTech companies that they “cannot be allowed to circumvent” AML...
Switzerland’s Financial Market Supervisory Authority (FINMA) has issued new guidance for blockchain and cryptocurrency FinTech companies, warning them against breaking anti-money laundering (AML) laws.
CEDEX and U2 Diamonds enter joint venture to help issuers create ETFs
Blockchain-powered diamond exchange CEDEX and U2 Diamonds have teamed up to help issuers create a diamond exchange trading fund (ETF).
Cryptocurrency xDai raise $500,000 in a Seed round led by NGC Ventures
Stablechain FinTech startup xDai has completed a $500,000 Seed round to improve its cryptocurrency platform.
Blocko raises $7.4m in a second Series B round
South Korean blockchain company Blocko has attracted roughly $7.4m in a new venture round.
Securitize officially registered as a transfer agent with the SEC
Provider of technology for issuing blockchain tokens Securitize has been registered as a transfer agent with the U.S. Securities and Exchange Administration (SEC).
Another 12 FinTech startups coming out of Y Combinator this year
From automated background checks to cryptocurrency banks, Y Combinator’s second demo day for its latest batch presented a dozen new enterprises to look out for.
Swedish e-commerce cryptocurrency company QuickBit’s profits jump by 60 per cent
QuickBit, a FinTech enabling e-commerce retailer get paid with cryptocurrencies, has got improved its quarterly profit by 60 per cent to £2.42m.
Blockchain-based CRM platform Cere Network nets $3.5m in its seed round
Cere Network, a blockchain-based CRM ecosystem platform, has collected $3.5m in its seed round to fund growth of the platform.
US lawmakers concerned about Facebook’s Libra cryptocurrency to meet with Swiss privacy regulator
Democratic representative Maxine Waters and five other lawmakers are going to meet Switzerland’s top data protection regulator in a meeting focusing on Facebook’s upcoming cryptocurrency Libra.
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