The latest news is that Block.one, the developer behind crypto-token EOS, will use some of the record US$4 billion it raised in the 2018 ICO to buyback — in a private deal — at least 10% of Block.one´s shares from early investors. According to Bloomberg, which released the news, this will value the company at a record US$2,3 billion from the US$40 […]
PO8, a Bahamian tech company tokenizing archaeological assets by issuing Non-Fungible Tokens (NFT) representing their value, recently received a No-Action Letter from The Securities Commission of The Bahamas ahead of the company’s Non-Fungible Token offering. The first letter of its kind for NFT offerings, it paves the way for PO8 to move forward with their planned offering in […]
Institutional investors are finding appeal in digital assets and many are looking to invest more in digital assets over the next five years, according to new research from Fidelity Investments. According to the survey, about 22% of institutional investors already have some exposure to digital assets, with most investments having been made within the past […]