By Gwen Ackerman
OurCrowd’s model tries to widen the population of startup investors by allowing accredited financiers to put down as little as $50,000 in its funds — a lot less than what would typically be required to become a partner in an investment vehicle.
Bitmain Switzerland was registered in Zug, Switzerland in late December.
Dimon still is not interested in the cryptocurrency at all, he added.
Existing investors TPG Biotech, WuXi NextCODE, Claremont Creek Ventures, and MidCap Financial also joined the round.
For the first time since 2015, the cryptocurrency began a new year by declining, extending its slide from a record $19,511 reached on Dec. 18.
Australia-listed investment firm First Growth Funds (FGF) Limited seeks to raise up to A$3.5 million ($2.7 million) to be used as additional working capital or to acquire or invest in blockchain technology, assets, or businesses.
In an advisory, the BSP advised the public to be cautious regarding the acquisition, possession, and trading of virtual currencies or dealing with related offers, even as it reiterated that it does not endorse these currencies as legal tender, store of value, or an investment vehicle.
The cafe accepts bitcoin, its own virtual currency called Ducatus and other cashless payments.
Flipkart is also looking for AI-related acquisitions in India and in the US.
Singapore’s central bank urged the public to act with “extreme caution” and to understand the “significant risks” they take on if they invest in virtual currencies.