Monday, June 3, 2019

Report: financial firms led by UBS invest $60M+ to form a company to develop blockchain-based tech for settling cross-border trades using a "bitcoin-like" token (Mix/The Next Web)

Mix / The Next Web:
Report: financial firms led by UBS invest $60M+ to form a company to develop blockchain-based tech for settling cross-border trades using a “bitcoin-like” token  —  THE BANKING INDUSTRY WANTS TO BLOCKCHAIN TOO  —  The banking industry is hell-bent on taking over the nascent blockchain and cryptocurrency market.



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Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

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