TagSwarm

Cryptocurrency Startup Swarm Is Selling Tokens Backed by Robinhood Shares

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Cryptocurrency startup Swarm has an ambitious plan to democratize venture capital, and it has today taken a major step toward that goal by listing tokens that allow investors to purchase fractional shares in privately-owned fintech darling Robinhood. No, Robinhood, a wildly-popular commission-free stock trading app that recently earned a $5.6 billion valuation, isn’t holding a security token...

Coinbase Sends Cease-and-Desist Letter to Startup Tokenizing Its Shares

coinbase

Privately-held industry giant Coinbase has sent a cease-and-desist letter to cryptocurrency startup Swarm for the latter’s attempt to tokenize and sell the San Francisco cryptocurrency exchange operator's shares. A Swarm spokesperson confirmed to CCN that the company had received a cease-and-desist letter from Coinbase but expressed optimism that the attempt to thwart Swarm’s plan would not be...

Swarm is Tokenizing Coinbase, Ripple Shares-- Whether They Like it or Not

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Cryptocurrency startup Swarm has announced a new security token product that will allow accredited investors to purchase and trade equity in privately-owned tech companies like Coinbase, Robinhood, Ripple, and Didi. Swarm Wants to Tokenize the Equity of Private Companies The product, announced by Swarm on Wednesday, allows investors to pool their assets to obtain private equity in some of the...

Bitcoin and The March Toward a Decentralized Future

In a brilliant essay on Bitcoin and the promise it holds for a decentralized future (published on the Pirate Party founder Rick Falkvinge's website), Nozomi Hayase explains the disruptive potential of Bitcoin. Bitcoin could change the remittance industry as we know it, revolutionize banking and redistribute economic power to the under-privileged. It could also transform the current global...

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