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Verisart Raises $2.5M in Funding Round Led By EOS Venture Capital

Verisart, a company that certifies art authenticity through blockchain technology, has raised $2.5 million to further expand its commercial art platform. Verify and track provenance of art In an Oct. 3 article by Techcrunch, it was announced that Verisart raised $2.5 million in seed financing led by Galaxy Digital EOS Fund, alongside investment firms Sinai Ventures and Rhodium. The funding will go toward expanding Verisart’s product and engineering team and will make it possible to …

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Congressional Challenger to House Speaker Pelosi Is Fundraising in Crypto

A primary challenger to U.S. House of Representatives Speaker Nancy Pelosi (D-CA) is looking to change the way the federal government regulates the blockchain industry, in addition to raising $1 million in cryptocurrency donations. 2020 congressional candidate hopeful Agatha Bacelar (D) is looking to unseat Pelosi in California’s 12th district, according to her campaign website. Pelosi has been in Congress since 1987 and is currently in her second tenure as Speaker of the House. Touting …

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First-Ever SEC-Qualified Token Offering in US Raises $23 Million

Blockstack PBC, a decentralized computing network, announced that it managed to raise more than $23 million in the first-ever U.S. Securities and Exchange Commission (SEC)-approved token offering. Participation from U.S. retail investors Muneeb Ali, co-founder and CEO of Blockstack PBC wrote in a blog post on Sept. 10 that the blockchain-based startup Blockstack has raised more than $23 million in token offerings, which include its SEC-qualified token offering and its offering to investors outside the …

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Crypto Sleuthing Firm Elliptic Raises $23 Million in Fundraise Led by SBI

Blockchain forensics firm Elliptic has raised $23 million in a Series B funding round led by Tokyo-based financial institution SBI Holdings. Announced Wednesday, the funding will help drive Elliptic’s Asia expansion, which includes a recently opened Singapore office and one in Japan that will open this week. Tomoyuki Nii, executive officer for overseas investment at SBI Investment, who will be joining Elliptic’s board of directors, told CoinDesk that the Japanese company contributed $10 million to …

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