Hong Kong-based private equity firm GSR Capital will invest a total of US$374.55 million in e-commerce retailer Overstock, with US$270 million to be allocated for its blockchain subsidiary tZERO, according to the company’s announcement.
The Chinese Ministry of Industry and Information Technology (MIIT) is reportedly considering ways to accelerate blockchain adoption according to a local media report.
Lianxing Capital has raised strategic investment from many institutions including Huobi Global Ecosystem Fund, JLAB, and Gobi Venture Capital among others.
Public-blockchain technology venture, Ultrain Technology Ltd. Raised US$20 million cornerstone investment from Danhua Capital, FBG Capital, BlueRun Ventures, 8 Decimal Capital, OK Gang Capital and others, according to Chinese media reports.
The state-owned development bank by BRICS member states signed the agreement on collaborative research on distributed ledger and blockchain technology in the context of the development of the digital economy, according to the official press release by Russia-based Vnesheconombank.
Blockchain startup TRON announced in a blog post that it has officially acquired San Francisco-based software company BitTorrent.
Nanjing, the capital of China’s eastern Jiangsu province, announced at the inaugural Industrial Public Chain Summit (IPCS) that it will launch a RMB10 billion ( US$1.48 billion) blockchain investment fund to promote the token economy and public blockchain projects, according to Chinese local media reports.
In lieu of Xiaomi’s Milutong platform, the electronics bigwig announced the release of 2B (for the enterprise) Milutong platform and the 2C (for the individual) Xiaomi WiFi chain allowing users to earn blockchain reward "Mili”.
Nervos Network, the public chain project, announced today that it has received US$28 million in private placement financing led by Sequoia Capital China and Wanxiang Blockchain, according to its official announcement.
Hong Kong Monetary Authority will launch a blockchain-based trade finance platform, one of the earliest government-backed trade finance platforms with 21 banks including HSBC and Standard Chartered.
China-based cryptocurrency exchange OKCoin today announced to launch a branch in the U.S. market to offer fiat-to-crypto trading services.
Binance, one of the world’s largest cryptocurrency exchanges, has announced an investment in Malta-based Founders Bank.
Geekbeans Capital Capital led a strategic investment in blockchain-based media platform MediaLink, including participation from Byte Capital, S.Capital, SinceUs Capital, Crypto Nord, Singular VC and others, according to Geekbeans Capital’ s announcement.
Bitmain Technologies, Chinese Bitcoin miner and mining chip designer has led a strategic investment of an undisclosed amount in DoraHacks, a global hackathon organizer.
Dubai International Digital Asset Exchange, or DBEX, today announces the completion of a pre-A round of investment worth hundreds of millions of RMB from 19 global investors.
Blockchain cloud computing provider Oasis Labs announced it will raise US$45 million from Binance Labs, Gaorong Capital, Huobi Capital, Pantera, and others, according to Oasis Labs’s announcement.
Blockchain service provider The Blockchainer receives strategic investments of tens of millions of RMB from J One Capital, JRR Crypto, Ontology Global Capital OGC, Timestamp Capital, according to its official announcement.
Sequoia Capital China has led a series B round between US$300 million to US$400 million in Chinese Bitcoin miner and mining chip designer Bitmain Technologies Ltd., according to Chinese media citing insiders.
YeeCall Online completed a B1 strategic financing round of tens of millions of RMB, according to an announcement by YeeCall.
An announcement by Huobi, Chinese crypto currency exchange, said it has started trading cryptocurrency in Australia from July 5.
Binance Labs leads a seed round in blockchain information portal, including participation from LD Capital, and INBlockchain.
China Parenting Network Holdings Ltd. plans to invest HK$50 million (US$6.3 million) through its subsidiary to purchase 18% share of Ccloud Tech Ltd, a new blockchain startup, according to an announcement by China Parenting Network.
Baidu Totem, a blockchain-based photo service launched by Chinese search engine Baidu Inc., will unveil Totem awards and its blockchain layout in two weeks, according to an announcement posted on Totem’s website.
Binance Labs led a US$12 million financing round together with NEO Global Capital (NGC) ECO Fund in a retail investment platform Republic to finance their tokenization and to help them introduce their own security token.
GSR Capital, a Hong Kong-based venture capital firm, has entered into an agreement with security token exchange t0.com Inc. (tZERO) for a purchase of US$160 million in tZERO Security Tokens at a price of US$10.00 per token, according to the announcement by Overstock.com Inc., an online retailer and the parent company of tZERO.
Hong Kong-based cryptocurrency exchange Binance has announced to launch its first fiat crypto exchange: Binance Uganda.
OK Capital has invested over twenty thousand ETH, around tens of millions of dollars in High Performance Blockchain (HPB), a platform that combines both software and hardware architecture to support public chains.
AlipayHK, a unit of Alibaba’s Ant Financial, and Philippines-based payment service platform GCash launched a cross-border remittance service based on blockchain technology yesterday.
Ankr Network, a blockchain project focused on building a public chain for cloud computing, has raised US$15 million from Danhua Capital, U.S.-based Pantera Capital, NEO Global Capital, OK Blockchain Capital, Block VC, Singapore-based LinkVC and others, according to Chinese local media reports.
Grand Shores Global Blockchain Ten-Billion Innovation Fund ( Grand Shores), a new investment firm founded two months ago by a Chinese entrepreneur and an ex-Alibaba employee, said it is investing tens of millions of U.S. dollars in a blockchain-based ride hailing project called Chexianglian, according to Chinese media reports.
Industry analysts and experts expect many small crypto exchanges will shut down, as it is increasingly more difficult for small exchanges to attract users.