NASDAQ: ICO market is very young

Bruce Aust, the vice chairman of the US stock exchange believes that Nasdaq is still the best place for fundraising
08 November 2017   1553

Despite the initial coin offering boom (ICO), Nasdaq is still the best place to attract capital. This opinion was expressed in an interview with CNBC by the vice chairman of the US stock exchange Bruce Aust.

We are a regulated market, I think that's the difference between us and an ICO. And we'll see at some point those markets become regulated and that will change everything.
It's very young and early stage and Nasdaq has always been at the forefront of helping companies raise capital, whether it be in the Nasdaq private market or through the Nasdaq public markets. So we believe that we are the market for companies to raise capital.
 

Bruce Aust
Vice chairman, NASDAQ

Nasdaq is actively exploring the possibilities of blocking in partnership with SEB Group, Citi, the Swiss Stock Exchange and other well-known organizations of the world of traditional finance.

DFINITY to Postpone Internet Computer Launch

The project is currently assessing the time frame for the completion of the MVP
14 December 2018   67

The blockchain project Dfinity reported in its blog postponing the launch of its main product.

Previously, Dfinity chief scientist Dominic Williams said that his company intends to create an “Internet computer that will become cloud 3.0”, compete with Google Cloud and Microsoft Azure, and also change the face of the blockchain industry.

According to him, the project team is developing a technology that has 150 higher performance than Ethereum blockchain and 900 times - Bitcoin. In essence, the project creates a “giant Internet computer”, whose work will be supported not by one company, but by all participants of the Dfinity protocol.

Initially, the release of a minimum viable product (MVP) was planned for the first quarter of 2019. However, according to company representatives, working on a trimmed version may slow down progress in creating a complete product.

The project is currently assessing the time frame for the completion of the MVP. Also, noted in Dfinity, before the end of the first quarter a new set of development tools (SDK) will be released, which will shed light on the future plans of the company.

In August, the Dfinity Foundation attracted $ 102 million of investments in the framework of a closed tokensale. Prior to this, at the beginning of the year, the Dfinity Foundation raised $ 61 million from Andreessen Horowitz and Polychain Capital.