Capital Markets

Report: Nearly Half of ICOs Failed to Raise Funds Since Start of 2017

| Aditi Hudli

Nearly half of all initial coin offerings (ICOs) in 2017 and 2018 failed to raise any funds, according to a new report.

Gemini Launches NYDFS-Regulated Crypto Pegged to the Dollar

| Nikhilesh De

Crypto exchange Gemini is set to issue a dollar-backed, NYDFS-approved stablecoin – the second to launch in New York today.

EU Lawmaker Wants Standard Regulations to Allow ‘Passport’ for ICOs

| Nikhilesh De

One European lawmaker wants to standardize ICO regulations, thereby making it easier for projects to raise funding across the EU.

Crypto and Stock Trading Startup Robinhood Is Eyeing an IPO

| Wolfie Zhao

Mobile app Robinhood, which launched a zero-fee crypto trading service this year, is now searching for a CFO as it prepares for an eventual IPO.

High Times Now Says It’s Accepting Crypto Payments For Its IPO

| Nikhilesh De

Despite previously telling the SEC it would not accept cryptocurrencies, High Times is accepting both bitcoin and ethereum for its IPO.

Goldman Sachs Said to Have Sidelined Plans for Crypto Trading Desk

| Daniel Palmer

Investment bank Goldman Sachs has reportedly dropped plans to launch a cryptocurrency trading desk, for now at least.

ASX Postpones Roll-Out of Blockchain Settlement System

| Wolfie Zhao

The Australian Securities Exchange has pushed back the launch of its blockchain-based CHESS replacement after feedback from stakeholders.

World Bank Bond Blockchain Offers Key Insights

| Michael J Casey

Is it time to rethink private blockchains? The World Bank's "blockchain bond" success has reinvigorated that question.

Morgan Creek Digital, Bitwise Partner on New Digital Asset Index Fund

| Nikhilesh De

The firms are are teaming up to launch a new index fund aimed at institutional investors looking to enter the digital asset market

Singapore Taps Blockchain Platform for Selling Tokenized Securities

| Nikhilesh De

The Monetary Authority of Singapore and the national exchange are looking to blockchain for selling tokenized digital assets.