Tag: funding

$17M Funding Round in Startup to Bring Blockchain Tech Into ETFs

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As a Bitcoin exchange-traded fund (ETF) continue to elude U.S. markets, one startup has secured $17 million that seem earmarked to bring blockchain tech to ETFs. WisdomTree announced investment in a startup called Securrency Inc., one of the top institutional-grade blockchain builders in the financial and regulatory space, per a Jan. 7 press release.  An asset manager, ETF and exchange traded-product (ETP) backer, WisdomTree is looking to harness blockchain technology for the ETF market. Following the announced funding round, WisdomTree aims to work with Securrency to expand the availability of…

Measure Protocol Backed with £2m in New Funding for Blockchain-Powered Person-Based Data Marketplace

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Blockchain-fueled data marketplace Measure Protocol has received £2 million in additional funding led by Dynata and Blockchain Valley Ventures (BVV), with Medicys Limited also joining the round. Owen Hanks, CEO of Measure Protocol said: “The new investment is a clear illustration that the industry is starting to pay attention to consumers’ needs, both from a practical and ethical standpoint. The super-power of blockchain is its ability to build trust in a marketplace, and provide a foundation upon which to meet the consumer’s needs for privacy and transparency – whether they are aware of the…

Amid Rising Adoption, Funding for Blockchain Startups Dries Up

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Blockchain has become a buzzword in the startup ecosystem and multinationals alike. Numerous benefits provided by the technology has incentivized businesses and governments to adopt, explore or invest in it.  However, a surprising turn of events took place in 2019 when it comes to the amount invested into blockchain technology and companies behind them. After the incoming funds peaked in 2018 with $5.5 billion in capital raised, this year saw a sharp decline — with less than $3 billion of capital flowing into the ecosystem.  There are numerous reasons to…

Privacy-Focused Zcoin Launches Funding Project Similar to Monero CCS

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Privacy-focused cryptocurrency Zcoin (XZC) has launched a new crowdfunding system similar to one by another major privacy coin, Monero (XMR). In a Dec. 26 blog post, Zcoin announced the launch of the Zcoin Crowdfunding System (ZCS), a new platform that is designed to serve as shift from direct funding from block rewards to a donation model. ZCS to help Zcoin to further decentralize the project and fund additional initiatives The new ZCS system will help further decentralize the project in line with the company’s vision of a privacy-focused cryptocurrency, Zcoin’s…

SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

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United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset financial services platform that combines digital finance and applied science. Investors are former execs from British Petroleum, JPMorgan and S&P Global Platts According to an official announcement on Dec. 23, BitOoda’s new seed round featured founder of international energy analytics firm PIRA Energy Gary Ross, who is also a former head of  global oil analytics and chief energy economist at…

Blockchain Startup Conflux to Get Shanghai Government Funding for Research Institute

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Nevertheless, the Conflux Incubation Center aims to invite developers and entrepreneurs to build decentralized applications (dapps) on the public permissionless blockchain developed by the firm. Like bitcoin and ethereum, that blockchain is public, so anyone can participate, and it uses a similar proof-of-work mechanism to reach consensus on the state of the ledger and to secure the network. Source

2nd Open Call for EU-Funding Up to Equity-Free €200K Funding for 16 Lucky Blockchain Startups to Build MVPs

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About Richard Kastelein Founder and publisher of industry publication Blockchain News (EST 2015), a partner at ICO services collective Token.Agency ($750m+ and 90+ ICOs and STOs), director of education company Blockchain Partners (Oracle Partner) – Vancouver native Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of some two dozen Blockchain startups and has written over 1500 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat. Irish Tech News…

Franklin Templeton Closes Funding Round For Blockchain-Based Social Impact Platform

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Proof of Impact, a blockchain-based, global marketplace for natural and social capital has closed a funding round led by American asset management firm Franklin Templeton Investments. On Dec. 12, Proof of Impact announced that it closed its first institutional investment round led by Franklin Templeton, a global fund manager that manages around $700 billion in assets.  The scale of Franklin Templeton’s investment remains unknown, but as part of the agreement, a Franklin Templeton representative will take a seat on the Proof of Impact board. Proof of Impact co-founder Fleur Heyns…

ICC and Blockchain Firms Agree on $40B Funding for Climate Projects

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The International Chamber of Commerce (ICC) has partnered with a Singapore government-backed blockchain startup to reduce carbon emissions in commercial aviation.  In a press release on Dec. 10, the ICC said that a partnership with Perlin and blockchain-based carbon offset exchange AirCarbon will provide $40 billion for climate projects in the aviation industry.  ICC: partnership will inspire action The three partners launched the scheme on the sidelines of the United Nations Conference on Climate Change, or COP 25, in Madrid. “As part of ICC’s declaration for the next century of…

Pomp Joins Figure’s Board as Firm Completes $103M Funding Round

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California-based fintech company Figure Technologies has completed its $103 million funding round led by cryptocurrency asset manager Morgan Creek Digital. In conjunction with closing the Series C round, the blockchain-focused firm announced that Morgan Creek co-founder Anthony Pompliano had joined Figure’s board, according to a press release on Dec. 5. The news comes three days after Figure secured $58 million of the planned $103 million, according to its filing with the United States Securities and Exchange Commission. According to the new announcement, Figure Technologies’ total funding now exceeds $225 million,…