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Posts Tagged ‘ICO’

A16z Leads Investors in $20 Million ICO for Tokenized Assets Platform

Asset tokenization platform TrustToken just raised $20 million in a strategic token sale with the help of major venture corporations, including Andreessen Horowitz (a16z). The startup announced Monday that the cash raised in the funding effort, which was also backed by BlockTower Capital and Danhua Capital, will be used to continue developing its platform, which…

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Steve Bannon May be Eyeing a Move into the ICO Space

Not content with disrupting U.S. politics, Steve Bannon now wants to disrupt the financial system with a move into the crypto space, according to a new interview. In a Bloomberg article published Thursday, Bannon – who was previously chief strategist for President Donald Trump and executive chairman of Breitbart News – told the news source that he has had meetings…

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What Does the Future of ICO Advertising Look Like?

Pini Raviv · June 14, 2018 · 10:00 pm Due to the notorious volatility and unregulated nature of cryptocurrencies, many organizations and even governments are jumping on the bandwagon to ban them. As we move further into 2018, even the big tech firms are starting to put their foot down on crypto advertising. Such a huge…

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Mysterious Startup Tells the SEC It’s Raising $180 Million ICO

A little-known company in Estonia is looking to raise as much as $180 million in a SAFT sale, public records show. A Notice of Exempt Offering of Securities published on June 4 through the U.S. Securities and Exchange Commission’s EDGAR document system shows that a firm called NewTech Myning OU is looking to raise the funds by…

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Befund Looks to the Future as Its ICO Enters Final Week

Bitcoinist.net · June 11, 2018 · 3:00 pm The Befund decentralized digital monetary fund service platform will be concluding their ICO over the next week. It will be the last opportunity for anyone interested to buy BFDTs before the tokens are released onto currency exchanges later this year. Befund was initially created in response to…

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Lithuania ICO Guidelines: ‘Brave New Crypto Economy Is Here To Stay’

Wilma Woo · June 11, 2018 · 4:00 pm Lithuania’s finance ministry has unveiled new ICO guidelines, continuing its efforts to unite sections of the country’s finance sector and nascent blockchain economy. Lithuanian Govt: ICOs ‘Should Be Regulated’ The document, released June 11, comes in the form of a multidimensional “interpretation” of securities laws, and…

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ICO Azbit Announces Public Sale of AZS Security Tokens

Bitcoinist.net · June 11, 2018 · 9:30 am From 14-16 May, New York hosted the Consensus 2018 blockchain technology summit, and the Azbit Limited team attended as one of the main sponsors. We had a large booth centrally located within the exhibition space. The Azbit trade and investment financial ecosystem announced a Pre-ICO round, to…

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Lithuania Issues Guidelines for When ICO Tokens Are Securities

Lithuania’s Ministry of Finance has issued guidelines on initial coin offerings (ICOs), outlining when cryptographic tokens would be viewed as securities and how each aspect of a token sale should be regulated by different laws in the country. According to the document published Friday, a defining feature in the recommended framework is whether a token “grants profits…

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