Forge acquires IRA Services to expand offering for private company shares

Forge, the marketplace for trading private company shares formerly known as Equidate, announced that it will be acquiring custodial trust company IRA Services for a purchase price of $55 million. IRA Services is a trust company that provides custodial services for retirement accounts managed by individuals and mid-to-large sized Institutions. Stripped of financial jargon, the […]

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Amun raises $4M to give stock-like buying options for crypto investors

Crypto represent a ‘border-less’ that anyone can own, but actually getting hold it isn’t easy for everyone. Amun, a company that wants to make buying crypto as easy as stock, has pulled in $4 million in funding to offer more established channels for crypto ownership. The startup currently offers punters an ETP (exchange-traded product) on […]

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Singapore’s Golden Gate Ventures announces a $10M fund for crypto deals

VCs around the world are trying to wrap their head around crypto, and the new investment paradigm it brings. Some have made one-off deals but a few have jumped in off the deep end with dedicated crypto funds, with A16z in the U.S. the most prominent example. Now Singapore has its first from the traditional […]

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Tim Draper wore a Bitcoin tie on Fox News because fashion is dead

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I’ll say this for venture capitalist Tim Draper: he is fully committed to the gimmick. 

Appearing on the Fox News show of sentient bowtie Tucker Carlson, Draper donned a Bitcoin tie and big Bitcoin broach to discuss his plan to divide the state of California up into three separate states: Northern California, Southern California, and Bitcoinlandia California.

While the “Cal 3” plan is Draper’s big current initiative — he says the proposal has garnered enough signatures to qualify for the November ballot — Draper is a huge proponent of Bitcoin and has been for a while, having scooped up thousands of bitcoin seized from dark web marketplace Silk Road and auctioned off by the U.S. government.  Read more…

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