CSE to Release Blockchain-based Platform

New platform will be used for clearing and settling securities through blockchain technology
14 February 2018   396

The Canadian Stock Exchange (CSE) intends to launch a platform for clearing and settling within the campaigns for selling blockchain-based tokens.

On its new platform, CSE intends to list the tokens qualifying as securities and offered for sale. This will provide the release of new service of the exchange.

Companies will be able to use the platform for issuing traditional shares and debt securities in the form of tokenized securities, which will be distributed to investors during fully regulated campaigns that are fundamentally different from ICO, that usually remains in the gray zone.

This is a landmark announcement for the Canadian capital markets. The Canadian Securities Exchange expects to be the first recognized exchange in Canada to introduce a fully developed blockchain platform for trading, clearing and settling tokenized securities.
 

Richard Carleton 

CEO, CSE

The operator of the exchange has already signed a "protocol of mutual understanding" with the Canadian company Kabuni, which intends to use a new platform for selling its tokenized securities to interested investors.

 

Andreessen Horowitz to Launch Crypto Investment Fund

Two new job openings by Andreessen Horowitz confirms the information about possible launch separate crypto investment fund
24 April 2018   24

One of the most influential venture capital companies of Silicon Valley intends to open its own fund, entirely dedicated to work with cryptocurrencies. This is repoted by Recode.

Rumors about the possible creation of a new division of Andreessen Horowitz have been on the web for quite some time, which is not surprising, as the company, also known as A16z, previously invested in Coinbase, Earn.com and CryptoKitties, and its founder Mark Andrissen is a big supporter of cryptocurrency .

Two new job openings by Andreessen Horowitz confirms the information that had spread earlier.

Currently, the venture company is looking for a "Manager for financial and operational activities, Cryptoactive" and "Legal Support Specialist, Cryptoactive". Both vacancies indicate that the company hires employees for an "individually managed fund that focuses on crypto assets."

The Legal Counsel will monitor "compliance with all necessary SEC requirements" and "manage the compliance of the firm / fund activities with all SEC requirements / other requirements", and the operational manager will among other things evaluate the crypto-currency assets.