Cole Kennelly

Who Is Winning The Stablecoin Race?

Before discussing specific stablecoin names, it is important to understand the three types of stablecoins that currently exist: centralized IOU stablecoins, crypto-collateralized stablecoins, and non-collateralized stablecoins. Centralized IOU stablecoins are backed with fiat money or precious metals, such as the U.S. Dollar or other sovereign currencies. Centralized IOU stablecoins have value because it is a representation […]

Who Is Winning The Stablecoin Race?

St. Regis Aspen Resort Raises $18 Million via Security Token Offering

Elevated Returns, a hospitality-focused asset management company, recently announced the closing of the Aspen Digital real estate token sale, which raised $18 million via Indiegogo. The St. Regis Aspen Resort is an internationally renowned destination, known for luxury arrangements with high-quality amenities and outlets. The resort features many conference and banquet venues with spectacular views of […]

St. Regis Aspen Resort Raises $18 Million via Security Token Offering

This Week in Blockchain Venture Capital – Oct. 11

Welcome to This Week In Blockchain Venture Capital, our weekly series detailing blockchain-focused companies that advance and cultivate their mission with venture capital. Clearmatics Clearmatics, a London-based startup building next-generation clearing machines for financial over-the-counter markets, recently closed a $12 million Series A round. Participants in the round included Route 66 Ventures (lead), TNF Capital, and […]

Goldman Sachs-Backed Circle Acquires SeedInvest in Security Token Push

According to a blog on the Circle website, the Goldman Sachs-backed peer-to-peer payments technology company has signed a definitive agreement to acquire SeedInvest, a leader in the equity crowdfunding industry and registered Broker-Dealer. With this acquisition, Circle is clearly entering the security token space. According to the Circle blog: “This acquisition will accelerate our strategy of […]

Goldman Sachs-Backed Circle Acquires SeedInvest in Security Token Push