Crowdcube enables individuals to invest or loan in small companies in return for equity or an annual return.
As an investment crowdfunding platform, Crowdcube enables entrepreneurs to raise finance with the added benefit of being backed by the crowd. For investors, Crowdcube provides a way to handpick a stake in an innovative business that traditionally would have been restricted to corporate investors.
Since Crowdcube first pioneered equity crowdfunding in 2011, a total of £300m has been invested through the platform from a crowd of over 390,000 investors, with more than £230m successfully invested in 520 raises. Businesses like the challenger bank Monzo, which raised £1 million in a record-breaking 96 seconds, as well as household brand names such as River Cottage and the Eden Project along with venture capital-backed businesses such as JustPark, eMoov and Sugru have all successfully raised growth funding from the crowd.
Wirex, a UK-based payment platform,has revealed that it is planning to launch 26 fiat-backed stablecoins on the Stellar Network.
If compared with asset management services that already exist in the financial market, UBLEX’s newly-launched VFAM service boasts easy registration and simple commission calculation.
Samsung Electronics is going to build its own blockchain and may soon issue an Ethereum-based ERC-20 “Samsung Coin” token.
Currently, Lightning Labs’ new desktop app, allowing for easy Bitcoin transactions, works on MacOS, Windows, and Linux devices, with applications for mobile devices already being planned.
It is announced that in partnership with Binance, Blockmason will launchBlockmason Credit Protocol Token (BCPT) on Binance Chain.
A crypto quantitative analyst spotted a BTC/USD trading pair listed on Nasdaq platform. Speculations of Bitcoin trading on Nasdaq are at the peak.
Visa introduced its Visa Next platform complete with APIs that will enable issuers and issuer processors to create and test new digital products.