Blockchain Alternative Investment Platform Alt Completes USD 200 Million in Debt Financing

[Blockchain alternative investment platform Alt completes USD 200 million in debt financing] On August 2, the blockchain alternative investment platform Alt announced the completion of USD 200 million in debt financing, led by Atalaya Capital Management.

Alt uses its proprietary valuation data, vault infrastructure and blockchain technology to connect the real world and the digital world, aiming to create more investment opportunities for alternative assets. Prior to this round of financing, Alt had completed $106 million in equity financing, with a valuation of more than $325 million. Its existing investors include venture capital firms Spearhead, BoxGroup, Seven Seven Six and Kevin Durant and Tom Brady. athletic star.

Other news:

Blockchain and cryptocurrency company DMG raised about $70 million through private placement: On March 6, the listed company DMG Blockchain Solutions Inc., a vertically integrated blockchain and cryptocurrency technology company, announced that it had closed its US and foreign institutional investors sold their common stock (“Common Stock”) and warrants to purchase common stock (“Warrants”) for approximately $70 million (“Private Placement”). (GlobeNewsWire) [2021/3/6 18:20:36]

The platform of Minsheng E-commerce has reached a cooperation with Bank of Jiujiang to realize intelligent financial supervision with blockchain and other technologies: Recently, Minsheng E-commerce's Minnong Cloud Warehouse technology platform and Bank of Jiujiang's "smart warehouse" products have officially reached a cooperation. Supply chain financing technology channel. It is understood that during the epidemic period, through this cooperation channel, Jiujiang Bank has successfully granted 100 million yuan of credit to grain industry enterprises. In this cooperation, Minsheng E-Commerce assists Bank of Jiujiang's "Smart Warehouse" product to realize intelligent financial supervision and asset digitization through Minnong Cloud Warehouse's Internet of Things, blockchain, and big data technologies. Successfully connected with Bank of Jiujiang's funds, and through the supply chain channels of Minsheng E-commerce, it helped Bank of Jiujiang transfer funds to small and medium-sized enterprises in the food industry that were hit during the epidemic, assisting them to quickly resume production and reduce the impact of the epidemic on the economy and people's livelihood etc. impact. (Daily Economic News) [2020/3/21]

News | Southern Alberta Institute of Technology in Canada will provide graduates with a blockchain-based graduation certificate: According to CoinDesk, the Southern Alberta Institute of Technology (SAIT) in Canada has cooperated with the blockchain market ODEM (On-Demand Education Market), A copy of the school's 2019 graduates will be provided with a blockchain-based graduation certificate. It is reported that the school's 2019 graduates, a total of 4,800, will be able to use blockchain technology to share their official diplomas as needed, thereby avoiding students or employers to send official documents to the school. [2019/6/14]