A Cyprus-based multi-asset broker, IronFX has successfully raised $22.3 million in a recent private sale as announced in its Telegram group. A Cryptocurrency exchange is being established in partnership with a company behind the Cardano, EmurgoHK Group. According to the report, the cryptocurrency exchange of IronX is expected to be launched by December 2018.
The Rigoblock, a blockchain protocol for decentralized asset management, has declared the commencement of the public token sake for its GRG token. The sale would be processed by Rigo Investment Limited in compliance with the standards of Know Your Customer (KYC) and the Anti-Money Laundering (AML) processes. Reportedly, 1,500,000 tokens are to be distributed during the sale.
The Caspian has ended its public round of token sale with the accumulation of $19.5 million in funds through the private-public sale. The participants of the token sale were from the UK, Canada, Singapore, Hong Kong, South Korea, Italy, and Switzerland. Presale investments were received from Blockstars, Global Advisors, OSL, and Galaxy Digital.
The Australian Securities and Investments Commission (ASIC) has recently unveiled that there are five initial coin offerings (ICOs) in total that have been halted since April. This indicates the ASIC is considering it serious to protect the investors from any possible threat in the cryptocurrency industry. The commission also revealed that some token sales would be restructured to comply with the legal requirements.
Caspian, a crypto trading platform, has managed to raise USD $16 million on a pre-sale of its CSP token. The public sale is scheduled to commence from the 3rd of October. The platform is linked to exchanges such as Binance, Bitmex, Bitfinex, Gemini, OKex, and others. The Caspian also claimed that 170 institutional-grade customers are willing in on-boarding to its platform.
The Hedera Hashgraph has announced the completion of its token sale. The company claimed to have achieved the hard cap of $20 million. The crowd sale registration page has been removed from the website. The token generation event is scheduled to happen on 19th August during which 50 billion tokens are to be created and placed in the Hedera wallet
The Overstock.com subsidiary, tZero has managed to raise $134 million through the token offering. The company announced the closure of its token sale recently. It was aimed to raise $250 million. The company announced the closure of the sale and added that ‘the sum includes $30 million from the repayment of intercompany debt between tZero and Overstock.’
Crowdvilla (CRV), a blockchain-based startup, declared their project launch on the Gibraltar Stock Exchange GBX Grid. The sale of CRV tokens is yet to be declared. The co-founder and CEO of the company expressed, “We are privileged to be the third token launched on GBX Grid.” Participants of the token sale should open an account with the GBX Grid.
The Buglab is an ethereum powered platform aimed at enhancing information security and securing crypto exchanges with $2 million reward pool. The company has scheduled its token distribution event for four weeks from the 30th of June. Nearly 425 million BGL tokens are to be created which would be distributed at $0.15. The participants would be offered 25% bonus.
The FanChain cryptocurrency private token sale is scheduled to commence on the 30th of June. The token sale is to be supported by QRYPTOS exchange. The interested candidates would be mandated to complete a KYC process. The FanChain would be live on SportsCastr platform and the cryptos would be rewarded on the production of sports content.