Blockchain Financial Firm Diginex Goes Public in Reverse Merger With 8i

Blockchain financial services firm Diginex Ltd. is scheduled to go public through a reverse merger with investment holding company 8i Enterprises Acquisition Corp. Subsequently, the firm will be listed on the Nasdaq, Bloomberg reported on July 10. Diginex is reportedly going to close a reverse merger deal with 8i, which will reportedly amount to $276 million including debt.…

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Props PBC Token Approved by SEC under Regulation A+

Props PBC, a blockchain organization based in Delaware, has received approval by the US Securities and Exchange Commission (SEC) for a token under Regulation A+. The company claims this is the first consumer facing crypto which has received such approval. Regulation A+ is an alternative for startup companies that need initial funding rather than conducting…

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Cadence Launches Blockchain-Based Tokenized Debt Marketplace

Cadence, an American blockchain-based alternative investment provider, has launched an investment platform for debt, according to a press release shared with Cointelegraph on July 10. By launching its private credit investment platform, Cadence aims to bring more transparency and efficiency to the asset class in order to help companies grow their businesses. Cadence turns commercial debt into digital tokens that can be traded on its…

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Credits Incorporates ChainLink’s Oracle In Its Quest To Develop Blockchain Key Solutions

Credits, the fast and super-scalable DApps-oriented Blockchain platform, and Chainlink are coming together to jointly develop the next revolutionary tech advancements for Blockchain. This latest development is coming at a time when Chainlink, a Blockchain-powered Oracle network provider for Smart Contracts, has been dominating the space. Credits Blockchain platform’s autonomous smart contracts and the credits solution has immensely…

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Blockstream Enables Atomic Swaps for Liquid Sidechain Assets

Blockchain infrastructure firm Blockstream has launched a new tool that allows users to execute atomic swaps for all assets supported by the Liquid network, according to an announcement published on July 1. The Liquid Network is a federated sidechain on the bitcoin (BTC) blockchain that functions as a settlement and payments network for crypto exchanges, market makers, brokers, and other financial…

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Financial Commission’s Blockchain Association and SmartDec to Launch Security Audit Certification

The Financial Commission’s Blockchain Association has today launched a new security audit certification targeting Blockchain operators. The commission which comprises of all business that transact using digital assets partnered with SmartDec, a cybersecurity-oriented tech consultancy firm in the initiative. The duo embarked on developing a Security Audit Certification, knowing too well the need for reliable…

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Dubai Chamber of Commerce Signs MoU on Blockchain Trade Solutions

The Dubai Chamber of Commerce and Industry (DCCI) has entered a joint initiative to promote the adoption of blockchain trade solutions, according to a press release on July 1 The DCCI, which acts as an international business hub in Dubai, has signed a memorandum of understanding (MoU) with two entities the International Chamber of Commerce (ICC) and Singapore-based blockchain startup Perlin. According to the report, DCCI is…

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Discovering Insuretech: Blockchain Disruption of the Insurance Sector

The business of insurance is enormously complex: The process of evaluating and managing a variety of risks that individuals and organizations face every day inevitably involves coordination of the multiple parties’ efforts and reconciliation of extensive records. Both aspects make the insurance sector an appealing ground for blockchain-based optimization — and indeed, distributed ledger technology…

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