Category: Startups

Australian Government to Help Fund Trade Mission to CoinDesk Consensus

Australia’s government has committed AU$100,000 (US$71,139) funding for a blockchain industry trade mission to CoinDesk’s Consensus event in May. Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham jointly announced Monday that...

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Overstock’s Medici Acquires Stake in Blockchain Banking Startup

Medici Ventures, the blockchain investment arm of Overstock, has acquired a 5.1 percent equity stake in blockchain banking startup Bankorus. Announcing the news on Monday, Overstock said Bankorus’ blockchain platform allows individuals and institutions to “securely” buy, sell, store...

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Deutsche Börse, Swisscom Team Up to Build Digital Asset ‘Ecosystem’

Deutsche Börse Group, Germany-based owner of the Frankfurt Stock Exchange, has partnered with major telecoms and IT provider Swisscom and Switzerland-based fintech firm Sygnum to build what the firms are calling a “trusted digital asset ecosystem.” Swisscom announced Monday...

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Argentinian Government to Invest in Blockchain Projects Backed by Binance Labs, LatamEx

The government of Argentina is set to invest in early-stage blockchain startups backed by the venture arm of cryptocurrency exchange Binance. The country’s Ministry of Production and Labour announced Wednesday that it will match investments of up to $50,000...

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Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR

Global crypto exchange Bittrex led a $1.5 million seed round in South African trading platform VALR. Bittrex CEO Bill Shihara told CoinDesk the South African market has “tremendous untapped potential.” Fellow VALR investor Michael Jordaan of Montegray Capital told...

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