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Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World s First Bank-Issued Deposit-Based Digital Currency

Press release content from PR Newswire. The AP news staff was not involved in its creation. Stablecorp Announces Closing of C$2mm Strategic Consortium Financing Round to Launch World’s First Bank-Issued Deposit-Based Digital Currency February 25, 2021 GMT Canada Stablecorp Inc. (CNW Group/Canada Stablecorp Inc.) Toronto-based Stablecorp is partnering with a consortium of highly strategic investors led by Canadian Schedule 1 Bank VersaBank, DV Private Investments, Borderless Capital and a major U.S. Bitcoin financial services firm. These new consortium members will join existing strategic investors 3iQ and Mavennet to launch VCAD and catalyze growth of next generation financial infrastructure globally.

NetObjex Is one of 11 Startups Chosen out of 198 Total Applicants to Participate in Algorand Europe Accelerator

NetObjex Is one of 11 Startups Chosen out of 198 Total Applicants to Participate in Algorand Europe Accelerator NetObjex showcasing Data Marketplace technologies link IoT to Blockchain in Algorand Europe Accelerator program News provided by Share this article Share this article IRVINE, Calif., Feb. 24, 2021 /PRNewswire/ NetObjex is one of 11 startups chosen out of 198 total applicants and the only in the IoT industry vertical to participate in the  Algorand Europe Accelerator program as a launchpad for NetObjex s Data Marketplace product. The Algorand Europe Accelerator is a collective initiative between the Algorand Foundation and blockchain funds, Eterna Capital and Borderless Capital, supporting blockchain startups and entrepreneurs with an emphasis on Europe to build decentralized applications on Algorand blockchain.

Ledgermatic To Leverage Algorand Blockchain To Deliver Digital Asset Treasury Solutions To Enterprise - Legermatic Selects Algorand As Its Blockchain Protocol Layer As It Readies For A Digital Evolution In Treasury Management

<p><a href="http://www.ledgermatic.io/" target=" blank">Ledgermatic</a><span>, which recently announced it is&nbsp;developing&nbsp;treasury tools to allow enterprise and financial institutions to&nbsp;operate with&nbsp;digital assets and associated&nbsp;payments and workflows, has chosen Algorand as its blockchain protocol partner. Ledgermatic has also received funding from Borderless Capital,&nbsp;a venture capital firm focused on&nbsp;supporting and developing the Algorand ecosystem.</span></p>

Ditto Announces Opulous: A Decentralised Finance Solution For Artists

- First ever decentralised finance offering backed by music as an asset class LONDON, Feb. 1, 2021 /PRNewswire/ Ditto, the award-winning global music distribution and record label services company, which has processed more than $1 billion in royalties to date, has today announced Opulous: a pioneering peer-to-peer platform to help increase artists access to capital without the need for traditional institutions such as banks. The first-ever decentralised finance (DeFi) offering backed by music as an asset class, Opulous will function as a loan pool which artists can borrow from and also contribute to. For those artists looking to borrow money, the loan is guaranteed against the artist s past streaming revenues with the copyrights they own held as collateral. Meanwhile, artists, and other investors, will also be able to pay into Opulous Music Copyright Pools, earning 10% per annum on any contributions they make.

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