Oneiro Launches ndau, the World’s First Buoyant Coin Optimized for Long-term Store of Value

  VC-backed, unpegged digital currency incorporates built-in governance, stability, dependability and growth incentives   BOSTON, MA — September 13, 2018 — Backed by COSIMO Ventures, Oneiro NA Inc. has announced the launch of ndau, the world’s first buoyant digital currency optimized for the long-term store of value. Oneiro completed its equity round from COSIMO Ventures earlier this year and has successfully sold privately nearly $15 million of ndau to date. Unlike stable coins, ndau is not pegged to fiat currencies or commodities. Rather, incentives and economic controls are built into…

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Judge Rules ICOs as Securities, So What Now for the ICO Market?

A federal judge ruled that U.S. securities laws cover initial coin offerings. Below, experts from blockchain legal advisory Ketsal Consulting, AngelList-backed crowdfunding platform Republic, and deep tech venture capital firm COSIMO Ventures comments on the ruling from their various perspectives.   Generally, the experts agree that the ruling does not affect the ICO market participants very much. At the end of the day, ICOs will be judged on a case-by-case basis, depending mostly on whether it passes the HOWIE test.     James Blakemore, Principal of Blakemore Fallon and Co-Founder of…

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EU Finance Ministers in no rush to further regulate Crypto Market

European Finance Ministers confirmed that they will not rush to further regulate the crypto market in the EU. Having met in Vienna on Saturday, EU Finance Ministers revealed they plan to wait for the outcome of a thorough analysis by European authorities before deciding on next steps, and believe crypto assets don’t currently threaten the financial system — a revelation that comes ten years after the collapse of Lehman Brothers on 15th September 2008 and the unfolding of the global financial crisis.     Addressing how the EU has previously…

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Deep Technology Venture Firm Launches COSIMO X Tokenized VC Fund

  Fund Offers Increased Liquidity & Access to Up-And-Coming Pre-Seed & Pre-ICO Projects in Blockchain, AI, AR/VR, Cybersecurity and IoT   Boston, MA — September 6, 2018 — COSIMO Ventures, a leading global venture capital (VC) firm, announced the launch of COSIMO X: an evergreen, tokenized VC fund focusing on early-stage deep tech companies with a particular concentration on blockchain technology, spanning industries such as artificial intelligence, AR/VR, IoT, and cybersecurity. COSIMO X is structured to provide enhanced liquidity for investors along with increased access to the VC asset class…

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GECKO Governance Launches Compliance Solution For ICO Market Following Approval by Isle of Man Regulator

    Former SEC Senior Compliance Examiner joins stellar advisory board     Dublin, Ireland – 12 June 2018 – GECKO Governance, the multi-award winning RegTech regulatory solution for financial compliance, has announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry. The platform provider also announced today that Dan Viola, former Senior Compliance Examiner at…

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