This Time It’s Official: Coinbase to Acquire Crypto Brokerage Tagomi

Coinbase is acquiring the prime cryptocurrency brokerage Tagomi as part of its evolving strategy for institutional investors. Major cryptocurrency exchange Coinbase is acquiring the Peter Thiel-backed prime crypto brokerage Tagomi. In an announcement on May 27, the exchange claimed the acquisition agreement came at “an inflection point in the industry,” a moment when increasing numbers […]

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Indian Crypto Exchange CoinDCX Secures Additional $2.5M Investment

The $2.5 million investment in India’s largest crypto exchange comes from Polychain Capital and Coinbase Ventures. CoinDCX, India’s largest cryptocurrency exchange, announced that it had raised $2.5 million from investors including Polychain Capital and Coinbase Ventures, the investment arm of crypto exchange Coinbase. The investment comes shortly after the exchange’s Series A funding round in […]

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Power Ledger Brings Peer-to-Peer Renewable Energy Trading to Thailand

Australian blockchain firm Power Ledger has announced a partnership to develop a digital energy company in Thailand, utilizing its peer-to-peer renewable energy trading tech. Australian firm Power Ledger announced a partnership with Thai Digital Energy Development (TDED) on May 25 to create a blockchain-based digital energy platform in the country. The platform will enable environmental […]

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Overstock Airdrops 4.37m Security Tokens to Shareholders

Overstock has successfully distributed its controversial ‘digital dividend’ security token airdrop. Overstock has successfully distributed its ‘digital dividend’, issuing ‘OSTKO’ security tokens to its stockholders on a basis of one digital token for every ten company shares owned on May 19. In total, 4.37 million OSTKO tokens were airdropped to shareholders via transfer agent Computershare […]

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Institutional Crypto Trading Platform Raises $17M Despite Economic Slowdown

Amid the COVID-19 slowdown, institution-facing liquidity aggregator FalconX has raised $17 million from top VCs in the crypto space. Institution-facing liquidity aggregator, FalconX, has announced a $17 million fundraising round including participation from Coinbase Ventures, Accel, and a venture capital firm associated with FMR LLC — the parent company of Fidelity Investments. FalconX will use […]

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