By Alun John
Stock exchanges around the world are trying to develop ways of using distributed ledger technology, known as blockchain, to boost the speed and efficiency of their processes, with settlement and execution of trades particular targets.
A successful completion of the InvIT plan will make ACME Solar the first renewable energy producer in India to tap the trust route for raising funds.
The partnership will create a blockchain system that helps different technologies work together for Nasdaq customers.
360 Finance said it plans to use the net proceeds of its offering for brand promotions, research and development, and for general corporate purposes.
Bharti said last week its African unit raised $1.25 billion from investors including Warburg Pincus, Temasek Holdings Pte and SoftBank Group Corp.
The firm’s investors include Interactive Brokers Group Inc, ZhenFund, Xiaomi and Rogers. It raised a Series C round in July valuing the firm at $1.06 billion.
The company becomes the 46th issuer in 2018, as well as the first startup built by the IDX Incubator to take part in the stock exchange.
Zoom is aiming to be valued in the IPO at several billion dollars more than the $1 billion valuation it achieved in its most recent funding round in 2017, when it received $100 million from venture capital firm Sequoia.
Before this, Byton will seek another round of fundraising from private investors prior to starting production of its vehicle.
At present, neither the promoter nor any other entity is eligible to hold more than 25% in a start-up after its Initial Public Offering.