Private Equity Moris Beracha Wuani

Standard Token Protocol (STP), a firm hoping to bring transparency to the tokenization process, announced Wednesday it has raised a total of $7 million through the sales of its STP tokens. The fund was raised through two rounds from investors including Neo Global Capital, BlockVC, AlphaBit. STP develops an open-source standard for projects looking to tokenize their assets. The company highlights compliance, claiming that the protocol will ensure tokens fully comply with region-specific regulations and KYC requirements. Meanwhile, the firm’s STP tokens could be used to pay for issuance fees and compliance investigation or to be used for staking and governance on STP’s platform,  per the company’s white paper. STP’s offering of compliance-proof tokenization protocol seems timely as initial coin offerings (ICOs) regain momentum, with 109 offerings raising a total of over $236 million in April alone,  according to ICObench’s data .  However, the ICO sector is also no...

Some cryptocurrency research analysts predicted that in 2019 these crypto assets would keep a downfall trend and in the best of cases would hold a steady price. By Moris Beracha Some cryptocurrency research analysts predicted that in 2019 these crypto assets would keep a downfall trend and in the best of cases would hold a steady price. However, April 2 marked a major rise in bitcoin’s Price, which seems to represent new capital injection to the rest of the altcoin market. Just 24 hours before the aforementioned day, bitcoin was traded towards the USD 4.150; then, in less than one hour, it reached USD 4,850 and dropped to USD 4,750, but at the moment of writing this article BTC is traded at USD 7,924.10. As most cryptocurrencies, there is still a high correlation between the traditional assets market and bitcoin and this token is the most liquid cryptocurrency in the market. The crypto market is benefiting from this rise. So far, there are unclear ...

By Daniel Palmer A Brazilian investment bank is planning to raise millions of dollars through the offering of a security token. In an announcement Thursday, Banco BTG Pactual said it will back its blockchain-based token with distressed Brazilian real estate assets, with the expectation of raising up to $15 million. It will also establish a secondary market following the sale in order to provide liquidity to the tokens. The offering will allow investors to invest in the Brazilian real estate market and, based on the performance of the tied assets, receive periodic profits. International investors will be able to purchase the token, called ReitBZ (RBZ), through a “low-cost, tax-efficient structure,” said the bank. BTG Pactual CEO, Roberto Sallouti, said: “The technology associated with this offering allows us to be a pioneer in providing access to asset classes that have historically been difficult for global retail...

By Adrian Zmudzinski The vice president of blockchain and digital currencies for IBM , Jesse Lund, said that he expects Bitcoin’s ( BTC ) price to eventually hit $1 million. Lund made his prediction during an interview with comparison and news platform Finder.com, published on YouTube on Feb. 20. Towards the end of the interview, Lund was asked what he expects the price of Bitcoin to be on this new year’s eve. He answered that he thinks it is going to be higher than the current price, clarifying, “I’ll go with $5,000.” He then continued his prediction, adding: “I see Bitcoin at a million dollars someday.” Lund explained that he “likes that number,” given that “if Bitcoin is at a million dollars, then satoshi is on value parity with the U.S. penny.” He noted that at such a value, the whole network would have over $20 trillion of liquidity. He then suggested that such liquidity could change corporate payments and high value payments in general, concluding:...

Asian farmers and voters ready to reap benefits of new technology Hara incentivizes farmers to provide certain data by making it redeemable for digital tokens that can later be exchanged for fertilizer and other necessities. (Courtesy of Hara Token) By JUSTINA LEE and ERI SUGIURA, Nikkei staff writers SINGAPORE/TOKYO -- After wiping the sweat off her brow and adjusting her straw hat, Liswati walks along one of her fields under Indonesia's hot tropical sun, eventually squatting down to inspect her crops. Instead of jotting down some notes with a pen and paper, she keys information about soil quality and other conditions into her smartphone. With very little effort, she has given thousands of others involved in Indonesian agriculture -- from government officials to nongovernmental organizations -- data that can be analyzed and possibly utilized to boost the country's farm output. The underlying technology? Block...

by Nathan Rodriguez   Binance Coin has reportedly extended its latest gains, thus it set a new all-time high in Bitcoin-denominated value. Also known as BNB, it is the token issued by the world’s largest digital currency exchange by trade volume called Binance. Setting A New Record At press time, the aforementioned token was trading at around 0.002619 BTC or $9.60. It is worth noting that before it reached the new figure, it was only able to reach 0.002688. This was believed to around 10:00 UTC Monday. This is basically the crypto’s highest price in its entire one and a half year history, as per the data from Binance. The company said to have first listed BNB for trading sometime in July 2017. Since then, the token was successful in receiving at least 9,600 percent return on investment, particularly from its Initial Coin Offering (ICO) on December of the same year and with a price of $0.10. At the same time, the BNB still has a lot of ways to go...

By Moris Beracha .- The high levels of volatility of the most popular cryptocurrencies in the world have led investors to look towards price stable “Stablecoins” or crypto assets. These are digital assets designed to maintain a stable price, linked to a stable fiduciary currency, or that are related to products or other cryptocurrencies. The advantages of backed cryptocurrencies are that currencies are stabilized by assets that fluctuate outside the technological realm, that is, the underlying asset is not correlated, reducing financial risk. The main Stablecoins are: Tether (USDT) is the best-known example of stablecoins. Originally launched as Realcoin, the project was founded in November 2014 and has two tokens: USDT and EURT, pegged to the dollar and the euro. Both cryptocurrencies are connected to the Bitfinex exchange house. TrueUSD (TUSD) is another token pegged to the dollar that is part of the TrustToken platform. Digix Gold (DGX) ...

By Moris Beracha .- Due to the steep fall in the prices of the world’s main cryptocurrencies and the implementation of a strong anti-corruption plan, the administration of Jair Bolsonaro, in office since January 1, 2019, has decided to open a black box of cryptocurrency projects that are being developed in the southern giant. Although there is no public stance on cryptocurrencies, officials of the new Brazilian cabinet have already made decisions in this regard. According to some media in Rio, the Brazilian Minister of Women, Family and Human Rights, Damares Alves, suspended a contract for the development of a project that includes the creation of cryptocurrency for indigenous peoples. Through the agreement, the National Indian Foundation (Funai) of Brazil granted a budget of 44 million reais (11.67 million dollars) to Universidad Ferderal Fluiminense (UFF) for the development of the project. The aforementioned plan included, among other actions, the...

By Helen Partz JP Morgan -backed digital services firm Smartrac has partnered with SUKU Ecosystem, a blockchain startup owned by former Deloitte exec Eric Piscini, according to a tweet on Tuesday, Jan. 22. SUKU, which is parented by another Piscini-owned blockchain firm Citizen Reserve, will provide its platform to integrate with Smartrac’s supply chain . Smartrac is a radio-frequency identification (RFID) inlay manufacturer. Based on the public Ethereum ( ETH ) blockchain, Citizens Reserve’s platform is operating its own cryptocurrency , ZERV, which was developed on an ERC20 token . Piscini, CEO at both SUKU and Citizen, said that the new partnership aims to resolve major problems related to supply chain digitization. Per Piscini the new blockchain integration will improve tracking, security, and transparency across the supply chain. Dinesh Dhamija, CTO of Citizens Reserve, said : “The combination of Smartrac’s digital enablement capabilities along wi...