Avalon Bitcoin Miner Maker Canaan Is Plotting Another IPO Attempt

news Canaan Creative, manufacturer of the Avalon bitcoin miner, is considering another attempt to go public, people familiar with the situation said.  According to one source, the company’s main shareholders are discussing a plan to list its shares on the newly created Science and Technology (Sci-Tech) Innovation Board within the Shanghai Stock Exchange. The source…

TrueDigital Expands Distribution of Its Bitcoin and Ether OTC Reference Rates

news Institutional digital assets platform trueDigital Holdings has signed two new distribution deals to expand the reach of its over-the-counter (OTC) reference rates for bitcoin (BTC) and ether (ETH). Announcing the news on Monday, trueDigital said that it has partnered with Kaiko, provider of cryptocurrency market data, and Inca Digital Securities, a data aggregation and…

BMW, Intel Partner With Government-Backed Blockchain Accelerator

news BMW Group Asia, Intel and Nielsen are now corporate partners of the Singapore government-supported blockchain accelerator Tribe. Tribe Accelerator announced the news Friday, saying that the three firms will share their knowledge and subject expertise in their respective fields with Tribe’s startups in order to help build an “inclusive” ecosystem “ready for industry 4.0.”…

UPS Targets B2B Sales With New Blockchain E-Commerce Platform

news U.S.-based shipping giant UPS has announced a new blockchain integration aimed to bring business-to-business (B2B) sales into the digital age. Announced yesterday, UPS has inked a deal with e-commerce company Inxeption to develop a platform to facilitate business-to-business sales, one supported by blockchain technology. The platform, called Inxeption Zippy, will work as an online…

CoinMarketCap Crypto Indices Launch on Nasdaq, Bloomberg, Reuters

news Two cryptocurrency benchmark indices from data provider CoinMarketCap will launch today on financial data feeds from Nasdaq Global Index Data Service (GIDS), Bloomberg Terminal, Thomson Reuters Eikon (Refinitiv) and Germany’s Börse Stuttgart, as well as on its own platform. CoinMarketCap announced the news Wednesday, saying that the benchmark indices will be the “most comprehensive”…

Australian Government to Help Fund Trade Mission to CoinDesk Consensus

news Australia’s government has committed AU$100,000 (US$71,139) funding for a blockchain industry trade mission to CoinDesk’s Consensus event in May. Minister for Industry, Science and Technology Karen Andrews and Minister for Trade, Tourism and Investment Simon Birmingham jointly announced Monday that the federal government funding is aimed to help Australia become “a global leader” in the…

Pharma Giant Trials IBM Blockchain in Bid to Improve Clinical Trials

news A Germany-based pharmaceutical multinational is set to trial IBM blockchain in Canada in a bid to raise the quality of clinical trials. Boehringer Ingelheim (Canada) announced Tuesday that it has partnered with IBM “to improve trust, transparency, patient safety and patient empowerment in clinical trials” using the tech giant’s blockchain platform. The firm said…

NYSE Parent ICE Anticipates Over $20 Million Spend on Bakkt This Year

news Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange, estimates it will spend more than $20 million this year in building Bakkt, its bitcoin futures trading and custody platform. In an earnings call for Q4, 2018, on Feb. 7, Scott Hill, ICE’s chief financial officer, said the firm’s investment in Bakkt…

Security Tokens vs. Tokenized Securities: It’s More Than Semantics

feature Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. ————————– We need to get serious about vocabulary. The crypto sector has earned a…