Disrupting Goldman Sachs: Polymath Wants to Create a New Investment Banking...
Investment banking is a highly profitable business. Goldman Sachs, perhaps the most prominent investment bank in the world, raked in $32 billion during fiscal 2017 with the majority of this revenue...
View ArticletZero Has Acquired VerifyInvestor for $12 Million in Cash
Buried within the tZero Offering Memorandum for its ongoing initial coin offering were several interesting items of note. The first was the fact the SEC was in the process of reviewing the offering....
View ArticleInitial Coin Offerings: Is this How it Should’ve Been a Few Years Ago When US...
The very first initial coin offering (ICO) took place in June of 2013 when Mastercoin raised around $5 million in Bitcoin. That was the same year that Title II of the JOBS Act launched allowing...
View ArticleBlockchain Disruption: Heard at Crypto Invest Summit
The Crypto Invest Summit (CIS) in Los Angeles this week, rebranded from previous “Crowd” events, was a standing room only conference this year. Organizers sold out of tickets in the last weeks as...
View ArticleSecurities Token Roundtable Meets to Upgrade ERC20 Smart Contracts for...
The flight to Barbados isn’t a short one. I left home at 5am and didn’t get into Barbados until after midnight thanks to a minor delay caused by inclement weather surrounding Miami. I heard that...
View ArticleSecurities Token Roundtable Deliberations Continue Seeking Consensus on the...
As was reported last week, the Securities Token Roundtable is continuing deliberations in Barbados over the weekend. Organized in part by the efforts of Polymath who is hosting the event, the meeting...
View ArticleSecurities Token Roundtable is Heads Down to Create Working Standard for...
Earlier this month, CI reported about a gathering taking place in Barbados that incorporated a grouping of emerging security token firms. The goal of this meeting was to attempt and establish a...
View ArticleInitial Coin Offerings: I Have to File a Form 10? Great! What’s a Form 10?
Those who have read the SEC settlements with AirFox (CarrierEQ.Inc.) and Paragon Coin, Inc. published on November 16, 2018, will note that the defendant ICO issuers agreed, among other things, to...
View ArticleActive Participants and Digital Assets: The SEC Coins a New Term
Raising capital by issuing tokens that rely on distributed ledger or blockchain technology has been clouded by regulatory uncertainty since the practice emerged during the initial coin offering or...
View ArticleDigital Assets: Tokenizing EB-5 Investments
Each year, billions of dollars in direct foreign investment flow to U.S. developers and entrepreneurs under the EB-5 Immigrant Investor Program. The program gives foreign investors the opportunity to...
View ArticleZenSports Raises $675,000 Seed Funding Led by Jor Law
Mobile peer to peer sports betting marketplace, ZenSports, has closed on a $675,000 seed round. ZenSports is a platform that seeks to enable sports betting from anywhere in the world without a...
View ArticleIn the Land of Fintech, Prime Trust is Killing It
Prime Trust is a fast-growing Fintech and securities custody provider that appears to be in the midst of hockey stick trajectory. This week, in a widely distributed email, Prime Trust founder and CEO...
View ArticlePrime Trust Changes Leadership, Tom Pageler Out as CEO, Jor Law Steps in as...
Prime Trust has made a change at the top as Tom Pageler is out as Chief Executive Officer, according to a representative from the company. Prime Trust issued the following statement: Today, the Prime...
View ArticleRumors Indicate Prime Trust on the Brink, BitGo May Acquire
According to multiple rumors and reports, Prime Trust, a top infrastructure provider in the crypto sector, could be on the brink of failure or acquisition. A recent Tweet claims to have knowledge that...
View ArticleBitGo Confirms Acquisition of Prime Trust, Signs Term Sheet to Acquire 100%...
BitGo has signed a term sheet to acquire the equity of Prime Core Technologies, the parent company of Prime Trust. Both companies provide services such as custody to digital asset firms. Earlier today,...
View Article