Tagomi to Get BitLicense

Tagomi works on the “agency-only” model, providing clients with consulting services and looking for the best deals for them and among other brokers' orders
28 March 2019   372

The New York State Financial Services Authority (NYDFS) issued another BitLicense, this time to Tagomi, a cryptocurrency broker, allowing the company to operate in its jurisdiction.

Tagomi works on the “agency-only” model, providing clients with consulting services on how to execute their trading or investment strategies. The company is also looking for the best deals for its clients and among orders from other brokers.

The company began operations in December 2018, offering services to investors in Bitcoin, Ethereum and other digital assets. These include intermarket order execution, capital management, post-trading reporting, settlement and custodial services.

The press release says that in general, NYDFS approved 18 applications.

Earlier, the corresponding license was obtained by the operator of the cryptocurrency trade Robinhood

Bibox Exchange to Conduct 4 IEO Simultaneously

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens and the IEO to be perfomed at Bibox's Orbit platform
19 April 2019   99

Bibox cryptocurrency exchange presented four projects that will conduct the initial exchange offering of their tokens as part of the first wave of IEO on April 22 on the Bibox Orbit platform.

  1. The Force Protocol (FOR) is a distributed protocol of crypto-financial services based on a public blockchain system, providing opportunities for cross-platform asset transaction and communication, use of crypto assets from several blockchains to provide steybcocoins, issue tokenized bonds, etc.
  2. Ludos (LUD) is a solution for a distributed gaming ecosystem designed to bring large-scale blockchain games and economic incentives to life.
  3. Staking (SKR) is a decentralized asset management platform that allows investors to safely stack tokens.
  4. X-Block (IX) is a computing system based on the blockchain architecture.

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens. Potential investors will be able to declare how many tokens of a project they want to purchase based on their BIX, after which a separate rally will be held for each of the projects.