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Medici Benkorous Blockchain Blue Lightning

Medici Ventures Acquires Stake In Bankorus

March 12, 2019 by Tokoni Uti at Blockchain, Business, News

In their latest acquisition, Medici Ventures has acquired a 5.1 percent stake in blockchain banking platform, Bankorous, as announced in a March 11, 2019 press release. Latest Addition Overstock’s Medici ventures have made yet another move to acquire equity, following their $2.5 million equity acquisition in GrainChain, a blockchain-based payment...

Circle Internet Financial Acquires SeedInvest Crowdfunding Platform

March 6, 2019 by Ogwu Osaemezu Emmanuel at Business, Finance, News, Regulation

Circle, a U.S-based fintech firm has completed the acquisition process of SeedInvest in a bid to establish a robust token marketplace that would allow businesses as well as individuals to raise capital via open crypto rails and infrastructure, according to a blog post March 4, 2019. Circle Officially Takes Over...

Facebook Basis Business Blue Desk Papers

Facebook’s New Interest In Blockchain Firms Fresh Rumors

February 8, 2019 by Tokoni Uti at News

It was reported by The Information on February 6, 2019, that Facebook is interested in acquiring more blockchain firms following their recent acquisition of Chainspace. First Step On February 5, 2019, it came to light that Facebook had made its first blockchain acquisition by purchasing ChainSpace. The acquisition reignited rumors...

Facebook Acquires Blockchain Startup, Chainspace

February 5, 2019 by Tokoni Uti at Blockchain, Business, News

Facebook has seemingly confirmed rumors of their foray into the blockchain industry by acquiring smart contract focused startup Chainspace, as per reports from Cheddar, February 4, 2019. First for Facebook For months now, rumors have been floating about Facebook taking the plunge into the blockchain and cryptocurrency industry, which includes...

Octupus (Kraken) Holding Cryptocurrencies in its Tentacles

Kraken Becomes First Crypto Exchange to Offer both Spot and Futures Trading after Crypto Facilities Acquisition

February 5, 2019 by Alex Lielacher at Bitcoin, Business, Exchange, Finance, Investment, News

San Francisco-based digital asset exchange Kraken announced that it has acquired cryptocurrency futures broker Crypto Facilities and is reportedly on its way to completing a $100 million fundraising round. Futures Are Coming to Kraken According to a company press release, Kraken has purchased London-based cryptocurrency trading firm and index provider, Crypto...

Coinbase Acquires Data Collection Startup Blockspring

January 18, 2019 by Neil at Business, Exchange, Investment, News

Coinbase, one of the most recognized companies in the cryptocurrency sector with an $8 billion dollar valuation, has acquired Blockspring, a startup focused on data collection and processing (Jan. 14, 2019). Blockspring in Brief Interestingly in this instance, Blockspring announced the acquisition on their own blog, which is unlike many...

Ant Financial Character Looking into an Open Briefcase

Ant Financial Seeks to Move into European Market with WorldFirst Take Over

December 28, 2018 by contributor at Business, Finance, Investment, News

Chinese payments giant Ant Financial, a wholly-owned subsidiary of Alibaba Group, is in advanced discussions with European payments application WorldFirst in a takeover deal worth $700 million, reported Finance Magnates on December 26, 2018. Ant Eyes Europe Founded in 2014, WorldFirst is an international payments specialist and currency exchanger aimed...

Cryptocurrency Exchange Bitstamp Acquired by South Korean Conglomerate for an Undisclosed Amount

October 30, 2018 by Ogwu Osaemezu Emmanuel at Business, Exchange, Finance, Investment, News, Platform, Tech

Bitstamp, one of the top-30 cryptocurrency exchanges in the world by daily trading volume, was acquired by Belgium-based investment company NXMH for an undisclosed amount in cash, reported Reuters on October 29, 2018. Another Crypto Exchange Acquired With the successful purchase, NXMH now reportedly has 80 percent stake in Bitstamp,...

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