Where to Buy Bitcoin in India: Cryptocurrency Exchanges Lower Their Fees
How Federal Reserve Prints Dollars and Throws Dust in Eyes of American Taxplayers
March Crypto Digest: Bitfinex Shimmers, HitBTC Announces Demo Platform, Binance Wins New Partners
MartKist: Changing The Face of Online Retail Industry Through Decentralized Marketplace
Cryptocurrency News From Japan: March 29 – April 4 in Review
SEC Alleges Minority Communities Targeted By Bottled Water Scam
Blockchain and BMW: PartChain is set to roll out over the course of 2020
Ethereum Breaking This Crucial Support Could Spark a Sharp Decline
Crypto-market, traditional stock market inter-connectivity a sign of long-term volatility
Freebitco.in Gaming Site Launches Covid-19 Relief Fund – Donating 20% House Edge to Healthcare Efforts
March 13th Saw Highest Daily Crypto Volumes in History: CryptoCompare Data
Blockchain Experts Weigh in on Russia’s Controversial Coronavirus Tracking App
Evidence Shows Politicians and Wall Street CEOs Expected the Market Crash Well Before Covid-19
Top crypto exchanges, token issuers named in Friday barrage of U.S. class-action lawsuits
EBitcoinics Suspends Physical Services Due To COVID 19
Headwinds at 144 Knock ETH/USD Lower: Sally Ho's Technical Analysis 4 April 2020 ETH
CBDC creation may come in for sharper focus following COVID-19 pandemic
Talking Digital Future: Smart Cities
Malaysia Becomes the Next Country to Approve Cryptocurrency Exchange Amid Covid-19 Crisis
Could Quantum Computing Be Used to Crack Cryptocurrency?
Swift Challenges Ripple, Visa and Fintech Startups, Develops Instant Payments System for Small to Medium-Sized Enterprises
Miner Perspectives on Bitcoin Halving 2020, Part 1 of a New Podcast Series
Investment Platform Republic Aims for Asset Creation on Algorand Chain
Investment platform Republic plans to build its own digital asset on Algorand’s blockchain, allowing financial exposure to company.
Republic, a platform letting users invest in early-stage companies, announced plans to launch its own digital asset on Algorand’s blockchain.
“We are excited to be using their cutting edge blockchain technology to enable the creation of a new dynamic digital asset,” Republic co-founder Kendrick Nguyen said of Algorand in a March 17 statement provided to Cointelegraph. The asset will allow the public access to the success or failure of Republic through investment.
The digital asset will be a security, Republic associate general counsel and partner Jed Halfon confirmed to Cointelegraph via email.Republic has seen success so far
With help from its private investor pooling branch, Republic helped early-stage projects garner approximately $67 million in funds in 2019, and has assisted in raises for more than 170 companies over the last three years, the statement said.
Republic’s platform now reportedly touts almost 500,000 users.
“Our advisory arm often works with projects looking to tokenize assets and future revenues,” Halfon said regarding Republic’s work with project capital raises.
“Republic’s mechanism of allowing anyone to invest in rigorously vetted startups across an array of industry sectors demonstrates a unique approach of leveling the playing field for entrepreneurs and investors of any size,” Algorand COO W. Sean Ford said in the statement.Republic’s new asset will be a security
As regulatory clarity remains murky on the classification of many digital assets as securities, Republic’s asset, built on Algorand’s blockchain, falls into the digital security category.
“Republic and Algorand believe that a digital security built on the Algorand blockchain will bring excitement and energy to the digital security space, while onboarding users to the new asset class and the token ecosystem,” the statement said.
Republic classifying its new asset as a security could indicate shifting trends in the crypto space, including a desire to work more in line with regulation than previous years.