Gumi to Launch $30M Blockchain Investment Fund

New fund will specialize in cryptocurrencies and blockchain-projects investments
31 May 2018   975

Specializing in mobile games development, the Japanese company Gumi has created an investment fund with assets of $ 30 million, CoinJournal reports.

A new fund called Gumi Cryptos. It will specialize in cryptocurrencies and blockchain-projects investments. The organization will be headed by the CEO and founder of Gumi Chirono Kunimitsu and creator of the Evercoin, Miko Matsumura.

Having advised top global cryptocurrency startups alongside some of the best investors in the world, I’ve come to realize that all of them struggle to break into Japan, the largest cryptocurrency market in the world. I’m excited to join gumi and their well-respected network in Japan.
 

Miko Matsumura

Founder, Evercoin

Previously, the company invested in the "stable coin" called Basis, as well as in the blockchain start-up Robot Cache, creating a decentralized alternative to the Steam platform.

SEC Chairman to Speak About BTC Listing

It looks like Bitcoin listing on the tradional exchanges won't happen in the nearest future
20 September 2019   171

Chairman of the US Securities and Exchange Commission (SEC) Jay Clayton said that bitcoin needs more regulation for listing on large exchanges. It is reported by CNBC.

If [investors] think there’s the same rigor around that price discovery as there is on the Nasdaq or New York Stock Exchange ... they are sorely mistaken. We have to get to a place where we can be confident that trading is better regulated.
 

Jay Clayton

Chairman, SEC

He was talking about listing conditions for bitcoin itself, and not derivatives, such as CME futures.