Poloniex to Delist 8 Coins

The exact reasons for the decision are not indicated, however, all these assets, except BitcoinDark, do not even enter the first 100 of the CoinMarketCap rating
19 September 2018   610

On September 25, the Poloniex Exchange will issue a delisting of eight assets: BitcoinDark (BTCD), Bitmark (BTM), Einsteinium (EMC2), GridCoin (GRC), NeosCoin (NEOS), PotCoin (POT), VeriCoin (VRC), Bitcoin Plus (XBC) .

The exact reasons for the decision are not indicated. However, all these assets, except BitcoinDark, do not even enter the first hundred of the CoinMarketCap rating. This indicates the extremely low liquidity of coins and, accordingly, of insignificant popularity in the market, which could serve as the reason for delisting.

Concerning BitcoinDark, it is noted in the the FAQ that the coin actually remained without the support of the creators. Holders of BTCD got the right to exchange coins for Komodo until mid-January 2018. However, at the moment there are still almost 1.3 million BTCD in turnover.

Also, the administration of Poloniex reminded users about the need to close all positions on the relevant coins until September 25.

After the date of delisting, traders will have 30 more days to withdraw coins to third-party wallet.

Circle to Finish SeedInvest Acquisation Deal

Terms of transaction are not disclosed but it was completed after receiving the relevant permission from the Financial Institutions Regulatory Agency (FINRA)
05 March 2019   136

The issuer of USDC and the operator of the Bitcoin exchange Poloniex company Circle announced the completion of the purchase of the crowdfunding platform SeedInvest. As stated in the company's blog, the transaction, the terms of which are not disclosed, was completed after receiving the relevant permission from the Financial Institutions Regulatory Agency (FINRA).

As representatives of Circle stated, the acquisition of SeedInvest, one of the pioneers in the field of crowdfunding, was another step towards meeting the company's desire to create a more transparent and accessible to everyone global financial system.

As a crowdfunding pioneer in the United States, SeedInvest helped to shape the JOBS Act. Today they are at the forefront of enabling startups to raise capital directly from investors over the internet — creating new capital formation options for startups and growth companies, and giving average retail investors the opportunity to invest directly into innovative private companies.
 

Sean Neville and Jeremy Allaire
Circle

For the first time, Circle’s intention to acquire SeedInvest became known in October last year. It is expected that Circle will give startups the opportunity to raise funds through a new platform by selling tokens. At the same time, SeedInvest "will continue to operate just as they do today, but with additional support behind the company."

 We believe that the tokenization of financial assets will ultimately unlock capital for growing companies and investment opportunities for people everywhere. Over time, more functions of private equity will be tokenized — including voting and governance, dividend payouts, and other economic features. Tokenization will also create new opportunities for businesses to build better relationships with their customers by leveraging tokens linked to ecosystem behaviors.
 

Sean Neville and Jeremy Allaire
Circle

SeedInvest was established in 2012. The company succeeded in its time to attract $ 11 million investment. During its existence, the company has helped other startups to raise funds totaling $ 120 million.