Pivoting from direct token sales, Harbor partners with real estate firm to tokenize $100 million in assets
Harbor, a startup that made headlines in April when its $20 million token sale fell through, is now helping other companies tokenize their securities.
Top Spanish Soccer Club Will Offer Crypto Fan Tokens
Atlético de Madrid, a Spanish football (soccer) team, has partnered with Chiliz, a sports blockchain, to create Fan Tokens, a platform that will give fans special access to team merchandise, information, and experiences.
Insurance giant Allianz creating a JPM Coin-like payment token; the project is in ‘advanced stages’
Germany’s biggest insurance company, Allianz, has been developing a blockchain-based digital token for payments, similar to investment banking giant JPMorgan’s JPM Coin.
National Stock Exchange Becomes World’s First to List a Tokenized Security
Seychelles’ stock exchange has just listed a tokenized security for trading, becoming the first in the world to do so.
Ripple Sold Over $250 Million in XRP in the Second Quarter of 2019
Ripple, the company behind XRP, the third-largest cryptocurrency by market cap, has revealed that it sold $251.51 million in XRP in the second quarter of 2019. Ripple published its Q2 report on July 24.
Huobi Burns 14 Million Huobi Tokens Amid Revenue Gains
Houbi, one of the world’s oldest cryptocurrency exchanges, has taken steps to reduce the supply of the token that powers its decentralized platform, Huobi Token (HT), in a quarterly burning event.
Tether Mistakenly Mints, Then Immediately Burns $5 Billion USDT
Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.
Ampleforth raises $5 million in IEO
Ampleforth, the first token to be offered on Ethfinex and Bitfinex’s IEO platform Tokinex, reached $5 million in 11 seconds during its initial exchange offering, according to a news release. Jean Louis van Der Velde, CEO of Bitfinex and Ethfinex called the demand for the sale “incredibly high.”
Telegram’s crypto tokens are (kind of) going on sale to the public for the first time
Telegram, the most hyped ICO in the history of ICOs, is finally making its tokens available to retail investors through a limited listing that will precede a full sale later this year — but there are a lot of catches.
HTC teams up with Kyber Network to offer exchange of ERC20 tokens
Electronics firm HTC has announced its blockchain smartphone EXODUS 1 will now allow users to exchange major ERC20 tokens like BAT, KNC, and DAI.
Overstock’s tZERO Token Market Misses Closing Date for $100 Million Raise
Overstock’s tZERO security token trading platform has once again failed to close on a capital injection by the targeted date.
Microsoft, Ethereum Group Launch Token-Building Kit for Enterprises
The Enterprise Ethereum Alliance (EEA) and Microsoft have corralled the major blockchain providers behind a new project to help businesses design and create the right sort of crypto tokens for their particular needs.
The $2 Trillion French Life Insurance Market Can Now Invest in Crypto
A newly passed act in France allows life insurance providers to invest in cryptocurrencies and tokens without any limitation on the amount that can be allocated.
Canadian Police Freezes Assets of FUEL Token Issuers due to Alleged $22 Million Fraud
Canadian police have frozen assets of the founders of blockchain consulting firm Vanbex, which raised $22 million in an alleged fraudulent initial coin offering (ICO). The development was reported in a court document released on March 14.
Taiwanese Development Council to Form Blockchain Alliance in Three Months
The National Development Council (NDC) of Taiwan announced today that it will launch a blockchain alliance in three months, English-language local media Taiwan News reported on March 26.
Crypoassets Author Chris Burniske: Less than 2.5% of Crypto Tokens Have 'Real Utility'
Chris Burniske, a partner at Placeholder, a “thesis-driven” venture capital firm that is focused on investing in “decentralized information networks”, has argued that business leaders have increasingly been turning to the “relative equity-capitalized, cash-flow extracting” markets.
Binance’s Decentralized Exchange Is About to Launch for Public Testing
Binance, the world’s largest cryptocurrency exchange by adjusted trading volume, is about to release its decentralized exchange, Binance DEX, for public testing.
Ripple Hires Ex-HSBC, CIT Exec as General Counsel After Five-Month Hiatus
Blockchain payments network Ripple announced it had hired a former HSBC general counsel to oversee its legal services and compliance, in a press release Jan. 30.
Austrian Capital Vienna Develops Reward Token for Citizens in Partnership With University
The Austrian capital, Vienna, is currently developing a blockchain-based token as a part of an incentive program, digital innovation news outlet Trending Topics writes on Monday, Jan. 28.
Ripple Sold $535 Million In XRP Last Year
Ripple recently released its final quarterly performance for 2018 showing total XRP sales of $535.56 million for the whole of 2018. XRP sales decreased in the fourth quarter of 2018 while trading volume increased.