Thailand’s Securities and Exchange Commission (SEC), the country’s capital markets authority, has announced a regulatory framework for initial coin offerings (ICOs) which will go into effect on July 16. Continue reading Thai Regulator Publishes ICO Regulations
Blackmoon’s BMxXMI Token Offering
Blackmoon announced last month its plans to tokenize Xiomi’s Initial Public Offering (IPO), which will initiate July 9 on the Hong Kong stock exchange. Interested parties can already buy the so-called BMxXMI, which is “referenced by the shares of the Xiaomi Corporation.” The payment options include Ethereum (ETH), Bitcoin (BTC) or Litecoin (LTC). Blackmoon explains on its website that the proceeds raised in the ICO will be converted into fiat currencies and transferred to brokers, who will subsequently purchase Xiaomi’s stocks from the secondary market on investors’ behalf. Continue reading Smartphone Maker Xiaomi Denies Link to BMxXMI Token Sale
June 26, 2018 – Santa Monica, CA – Digits.io, the first blockchain technology offering the ability for any credit or debit card to be used as a cryptocurrency card, announced today that it has partnered with RenGen Labs to raise $50 Million for its Pre-ICO. Continue reading Digits Partners with RenGen In Effort to Raise $50 million for ICO
Even though the major cryptocurrencies have seen some consolidation in the first few months of 2018, entrepreneurs and finance industry veterans are still launching new ventures funded by the release of their own cryptocurrencies. These visionaries are looking to take on the establishment and push blockchain technology into our everyday lives.
Here are some companies Investing.com Studios wrote about recently:
are on a mission to provide a transaction platform for remaining ‘unbanked’ populations of the world, reversing the fact that many people across the world currently cannot benefit from the flexibility or purchasing power that comes with credit and other modern financial services. Their token sale is currently live.