Voyager to Acquire Ethos Wallet for $4M

Ethos tokens issued in 2017 during the ICO will become the property of the broker
01 March 2019   373

Founded by veterans of Uber and E * Trade, crypto-broker Voyager will acquire Ethos.io from Singapore for $ 4 million, CoinDesk reported.

Under the terms of the deal, Voyager will become the owner of a number of products, including the Ethos Universal Wallet wallet and the blockchain platform Ethos Bedrock. In addition, Ethos tokens issued in 2017 during the ICO will become the property of the broker.

The transaction will be paid for by shares of Voyager, which became public earlier this month. The amount of the transaction will be 7 million ordinary shares, which are currently traded at 0.80 Canadian dollars on the TSX Venture Exchange. Thus, Voyager will acquire Ethos for an amount equivalent to $ 5.6 million CAD (approximately $ 4 million). Closing the deal is expected in March.

Canadian TSX Venture Exchange also traded shares of the Cryptobank Galaxy Digital LP.

KuCoin to Unveil First Spotlight IEO Info

First initial exchange offering at Spotlight will be MultiVAC, "a high-throughput and flexible blockchain platform based on trusted sharding computing"
25 March 2019   60

Representatives of the KuCoin marketplace shared some details of the first tokensale on the Spotlight IEO platform.

Let's put our Spotlight on MultiVAC!

It's my pleasure to introduce the pioneering all-dimensional sharding and flexible blockchain to you: MultiVAC, which is also the first project of KuCoin Spotlight.
 

Michael Gan

CEO, Kucoin

He added that additional details about the first IEO project at KuCoin will appear soon.

As previously reported, a new exchange's token, KuCoin Shares (KCS), will be used to purchase the assets of new projects at Spotlight. To participate in the tokensale users will need to be verified.