Nivaura to Raise $20M in Round Led by LSEG

As reported, the London Stock Exchange Group acquired a minority stake in Nivaura for an unnamed amount
28 February 2019   467

The London Stock Exchange Group (LSEG) has led the $ 20 million investment round of the British Fintech startup Nivaura, Reuters reports. Nivaura provides blockchain solutions for issuing, clearing, and settling financial instruments, including tokenized securities and bonds.

According to Reuters, LSEG acquired a minority stake in Nivaura for an unnamed amount. In addition, the investors were the venture division Banco Santander, one of the leading transnational pension insurance and asset management companies AEGON, Digital Currency Group and others.

Head of international development LSEG Nikhil Rati told Reuters that investments in Nivaura are consistent with the plans of the exchange operator to contribute to the development of a new technology capable of diversifying its products, increasing efficiency and growth rate.

Nivaura claims that the tokenization of bonds and stocks can speed up transaction processing by 80%, as well as significantly reduce the cost of raising capital. The Nivaura platform is a modular solution that "automates the entire life cycle of a financial instrument." The platform also allows issuers of such instruments to easily access financial markets and can be used to connect existing technological platforms, such as clearing systems, with infrastructure on the blockchain.

GRAM May be Traded at Liquid at Triple ICO Price

Bloomberg says that Telegram tokens, that may appear at Liquid will be sold by Gram Asia at $4 per token, but there's no official info from Telegram
04 July 2019   956

Even before the official public release of the cryptocurrency of the messenger, Telegram can increase in price by 200% relative to its value during the initial offer of coins. It is reported by Bloomberg.

As previously reported, Telegram tokens may appear on the Liquid Bitcoin Exchange already on July 10. The distributor is Gram Asia, which calls itself the largest holder of GRAM tokens in Asia. It intends to put up for sale rights to cryptocurrency at $ 4 per unit.

At the same time, one of the investors said to the publication that at the time of purchase the price of 1 Gram was $ 1.33.

It is worth noting, however, that after the announcement of the public sale of Telegram tokens to Liquid, the media reported that this intention had nothing to do with the official plans of Telegram.

Then one of Telegram's investors stated that no one has the right to sell tokens before their official launch in accordance with the signed agreement. Moreover, representatives of the popular messenger noted that they first heard about Gram Asia.

Later, CEO Liquid Mike Kayamora admitted that Telegram has no relation to the placement on Liquid: the deal was concluded exclusively between the exchange and Gram Asia, which allegedly is an incubator for the TON project.

The Block's leading analyst Larry Chermak on several tweets expressed skepticism about the announced Telegram tokenale based on the Liquid stock exchange, saying that he would “think twice before making a decision to invest.”