Week Ending 01.20.19
ISSUANCE TO RUN AT LEAST 15 TOKEN DEALS THIS YEAR
GO-JEK ACQUIRES BLOCKCHAIN FIRM IN PHILIPPINES
SETL APPOINTS FORMER CENTRAL BANKER TO BOARD
FUNDING FALLS OFF CLIFF IN Q4 BUT STILL DOUBLE 2017
AND MORE ↓
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OUR LATEST EYE ON BLOCKCHAIN CONTENT
Issuance expects to run at least 15 token deals this year
Working with public companies is one way the blockchain industry can get beyond the often dismal performance of many initial coin offerings, CEO Darren Marble says. Read our entire story here.
MERGERS AND ACQUISITIONS
Go-Jek, the Singapore-based ride hailing company, acquired Coins.ph, a blockchain firm, for USD 72m, according to a TechCrunch report.
No S-1s in the blockchain sector were filed this week.
Chronicled, the San Francisco, California-based blockchain services firm, said it raised USD 16m in a Series A led by Mandra Capital.
Inexeption, the San Francisco, California-based e-commerce company using blockchain, said a fund run by UPS, the logistics firm, had invested an unspecified amount in the company.
Other funding rounds included Authenteq
LEGAL & REGULATORY
The US state of Wyoming is considering legislation on corporate tokens, according to a Cryptoslate report. The state recently passed a law defining tokens more like property than a security. It also passed legislation that allows regulatory waivers for companies developing blockchain businesses.
Funding in the cryptocurrency sector from venture capital and institutional investors plunged in Q4 but full year volumes were still double that of 2017, according to an Inwara report.