MERCATOX Lists FinShi Capital (FINS)

FinShi Capital (FINS) trading on MERCATOX exchange starts on March 27
27 March 2018   1448

MERCATOX cryptocurrency exchange added FinShi Capital (FINS) to its market. FINS/BTC pair is available for trading.

About FinShi Capital

FinShi Capital is the first venture fund formed on blockchain technology. Anyone who has at least one dollar can become an investor. The fund was founded by Capinvest 21 venture fund and a group of Asian venture investors (Asia LP). During the next 2 years FinShi Capital is going to extend its portfolio by selecting at least 15 fintech and blockchain projects on Seed and A/B rounds.

FinShi CapitalFinShi Capital

FinShi Capital is currently reviewing more than 30 rapidly growing fintech projects, any of which might be invested in near future. Then the startups will grow exponentially, and after some time they will be sold to further investors and strategic buyers. Eventually the fund will be fully realized and its investors will get their cash back gaining 7х – 14х more, and the world will see new worthy IT companies.

More:

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All the information regarding new tokens and coins which are hitting the markets and exchanges in 2018 you can see in our calendar.

Gemini Wants to Trade Crypto Securities

The broker-dealer license appeal will be sent to Financial Industry Regulatory Authority, but experts believe the plans implementation can take some time
03 July 2019   1009

Gemini Bitcoin Exchange will apply for a broker-dealer license, which will allow it to operate as an alternative trading system and offer clients securities on the blockchain. It is reported by CoinDesk.

The appeal will be sent to the Financial Industry Regulatory Authority (FINRA).

Gemini has previously entered into a partnership with Harbor, a startup specializing in real-world assets tokenization, which gives institutional investors the opportunity to purchase securities using Gemini Dollar (GUSD).

However, now, as source familiar with the operating activities of Gemini said, the exchange plans to launch trading in similar instruments on its own platform. It is assumed that this will be securities from Harbor, as well as from other projects.

Implementation of these plans, however, may take quite a long time, so FINRA is in no hurry to approve applications for obtaining a broker-dealer license from cryptocurrency companies. Currently, the organization is considering about 40 such applications, while some companies have been waiting for 14 months to complete.

In April, Harbor raised $ 28 million in funding from a number of venture capital investors, including Andreessen Horowitz and Pantera Capital. In November of the same year, the company launched a platform for distributing security tokens, starting with the sale of shares in The Hub residential complex in South Carolina.