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   553

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.

Bitfinex to Unveil Tokinex IEO Platform

Information on first campaign will be available this Thursday, May 23rd
21 May 2019   113

Bitfinex cryptocurrency exchange announced the launch of an IEO platform called Tokinex.

The Bitfinex blog reports that information on the first IEO on the new platform will appear already this Thursday, May 23rd. The very same initial exchange offer will take place on June 13.

What it means to be an exchange has evolved to become an entire ecosystem, not just limited to the remit of trading digital assets. We are proud to finally launch Tokinex and bring the opportunity for participation in quality token sales in a fair environment.
 

Bitfinex Team

To participate in IEO on Tokinex, users of the exchange will have to undergo KYC identification using the Blockpass mobile app. After that, investors will be able to transfer funds from the exchange to the account for the purchase of new coins on the eve of the tokensale.

According to The Block, Bitfinex plans to hold approximately two IEOs per month. In the commentary on the publication's tweet, the representatives of the exchange specified that the new platform would not charge for listing.

Earlier, Bitfinex managed to attract $ 1 billion in private IEO. The LEO token started trading yesterday, May 20.