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Checkmate Capital (CHC) Makes Investment in Bcause Crypto Exchange Operations

Health Checkmate (CHC) recently announced that it would invest in the Series B Capital round for Bcause LLC. The Bcause LLC is believed to be the creator of what is the world’s first full-stack crypto ecosystem. In this round, CHC will acquire a yet-undisclosed amount of equity shares of Bcause. This will enable Bcause to open their spot crypto exchange in the near future. They will be able to jointly direct a project that will launch exchange-related crypto initiatives that will be co-located in the Asia region. Other parties interested in the Series B round will contribute more equity investments in an intermediate closing time on terms that will be determined. The aim of the investment by CHC is to strengthen the Bcause exchange and establish new crypto exchanges and Asian-based asset-backed payment products. What The Leadership Had To Say Benjamin Lye, the VP and head of digital assets at CHC said that the global experience the Bcause team has is crucial to the creation of a viable exchange in Asia. He said that he was particularly impressed by the team’s experience in creating multiple exchanges in Asia. He concluded by saying that it would lead to a clear mission for their Asian partners, linked to the desired objective and outcomes for constituencies that they serve. The CEO of Bcause Fred Grede added that the commitment represented their second strategic investment from the Asian region. He said that it would further their distribution in Asia. The CEO said that he was pleased to work with CHC and other partners to evolve the crypto marketplace and further development of crypto trading in Asia. For the Series B round, ASGARD Partners & Co. will be the strategic and Capital markets advisor for Bcause. Lehman Bush, a boutique private equity investment firm with offices all over Asia is the company’s Asia-based strategic industry partner. About CHC CHC is a joint-venture entity established between checkmate capital and large financial services and healthcare partners in Asia. Checkmate Capital, Checkmate, is an investment group that manages family office assets and Asian-pacific institutional funds. The primary areas of investment by Checkmate are energy and energy tech, biomedical and biotech, and diverse special situation opportunities. With offices in LA, Beijing, and an affiliate office in Singapore, Checkmate investment partners offer their seasoned and diverse expertise in various industries. They leverage an efficient international ecosystem of partners, business talent, and resources. Their investment approach is long-term focused. It embodies strategic oversight and an ownership paradigm. CHC is a special purpose vehicle that is used to facilitate investment interests of Checkmate and mandated social outcomes of strategic investor partner entities. They serve the masses and various stakeholders with solutions geared toward better economic and socially conscious objectives. About Bcause LLC Bcause LLC is creating a full-stack crypto ecosystem that will include mining center and spot market, regulated, derivative exchange. It will also feature a regulated clearinghouse and custody operations. It has filed with the US Commodity Futures Trading Commission for it to become a contract market and a derivatives clearing organization.
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Checkmate Capital invests in Series B Funding for cryptocurrency ecosystem Bcause

CryptoNinjas Checkmate Capital (CHC) and Bcause LLC, developer of a cryptocurrency ecosystem announced today that CHC has committed as an initial investor in the Bcause Series B capital raise which began earlier this year. In this equity round,... Checkmate Capital invests in Series B Funding for cryptocurrency ecosystem Bcause
CryptoNinjas

China Health Checkmate Commits to Initial Series B Funding for Bcause LLC

China Health Checkmate Commits to Initial Series B Funding for Bcause LLC PR Newswire HONG KONG, VIRGINIA BEACH, Va. and CHICAGO, Oct. 22, 2018 HONG KONG, VIRGINIA BEACH, Va. and CHICAGO, Oct. 22, 2018 /PRNewswire/ -- China Health Checkmate (CHC) and Bcause LLC, creator of what is believed to be the world's first full-stack cryptocurrency ecosystem, announced today that CHC has committed to serve as the initial investor in the Bcause Series B capital raise*. In this equity round, CHC has agreed to acquire an undisclosed but substantial amount of the equity shares of Bcause LLC, which will enable Bcause to open its spot cryptocurrency exchange in the near term and to jointly shape a project to launch exchange-related cryptocurrency initiatives to be co-located in Asia. Other interested Series B round investor parties are expected to make contributions for additional equity investments in an intermediate closing timeframe on terms to be determined. The objective of the CHC investment is to strengthen Bcause exchange operations and to establish both new cryptocurrency exchanges and Asian-based, asset-backed payment-related products that will be developed. Benjamin Lye, Vice President and Head of Digital Assets, Checkmate Capital, said: "The global experience of the Bcause management team, particularly with building multiple exchanges in Asia, is critical in executing on our strategic plan to create viable cryptocurrency exchanges in Asia.  This will lead to a clear purpose and mission for our Asian partners, linked to desired objectives and outcomes for the ...Full story available on Benzinga.com
Benzinga

Bcause LLc, The operation of Bitcoin and the use of 16,000 Bitmain S9

These guys are huge and I know they will come up with a way to take care of the noise but let me know in the comments how you would handle the noise? We Build, Maintain and Host these rigs for $1 a day check it out https://www.digie.io no brainer. We are miners from 2013 looking to create community and help train and learn together as blockchain tech changes so quickly. Leave your thoughts in the comments, call in, ask us anything. Thank you for your time it means a lot to us. ✨Bitcoin coins!✨ http://amzn.to/2u1VkRQ 💰To get Bitcoin start here!💰 https://www.coinbase.com/join/5822284a3239de006a91b885 📈Support the Channel with Crypto:📈 BTC- 1FUyrbMx3STdpkhJKpjNwLkn8kYBQFJQPA ETH- 0xe02135195519D35D16615bBE2fA2Aa40ce0baECE LTC- LUkeeDhPmmS9S2mMJCwNzt2xoYwgy3En9R 💸 Paypal us anything: info@digie.io 💸 📡Social Sites📡 Facebook Group- http://Facebook.com/groups/DigitalGoldGroup Twitch- https://www.twitch.tv/digitalgold_ Mixer- https://mixer.com/DigitalGold_llc Twitter- https://twitter.com/Digiegold Instagram-https://instagram/digiegold Website: https://www.digie.io Email us: info@digie.io
Digital Gold

Bcause llc $65,000,000 Mining Operation, Virginia Beach VA

We Build, Maintain and Host these rigs for $1 a day check it out https://www.digie.io no brainer. We are miners from 2013 looking to create community and help train and learn together as blockchain tech changes so quickly. Leave your thoughts in the comments, call in, ask us anything. Thank you for your time it means a lot to us. ✨Bitcoin coins!✨ http://amzn.to/2u1VkRQ 💰To get Bitcoin start here!💰 https://www.coinbase.com/join/5822284a3239de006a91b885 📈Support the Channel with Crypto:📈 BTC- 1FUyrbMx3STdpkhJKpjNwLkn8kYBQFJQPA ETH- 0xe02135195519D35D16615bBE2fA2Aa40ce0baECE LTC- LUkeeDhPmmS9S2mMJCwNzt2xoYwgy3En9R 💸 Paypal us anything: info@digie.io 💸 📡Social Sites📡 Facebook Group- http://Facebook.com/groups/DigitalGoldGroup Twitch- https://www.twitch.tv/digitalgold_ Mixer- https://mixer.com/DigitalGold_llc Twitter- https://twitter.com/Digiegold Instagram-https://instagram/digiegold Website: https://www.digie.io Email us: info@digie.io
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Boost VC to invest in 100 crypto startups, People.ai receives $30M, Medici Ventures invests in Minds Inc, Elixxir receives seed investments, Vertex Ventures invests in Binance, Checkmate Capital invests in Bcause, Global Brian supports Omise, Cobo Crypto Wallet raises $13M, $15M for BitGo, TEMCO partners Foundation X, Animoca Brands teams up startups, Silver Cost Basis partners Voyager Digital, 3 strategies for crypto investors, ideas on where to invest, blockchain and crypto investments will grow

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Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust

Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust Digital currency investment group Grayscale confirmed it had successfully launched its latest fund, dedicated to Stellar’s Lumens (XLM) token, in a tweet Jan. 17. Grayscale, which now operates nine cryptocurrency funds, timed the move to coincide with a change of image for its products, renaming all its […] Cet article Grayscale Adds Stellar as Latest Cryptocurrency Investment Trust est apparu en premier sur Bitcoin Central.
Bitcoin Central

Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project

CoinSpeaker Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project Until now, everybody has been talking about Bitcoin, the most popular and widely used digital currency. However, Bitcoin is unable to process thousands of transactions a second. Researchers from the Massachusetts Institute of Technology (MIT), UC-Berkeley, Stanford University, Carnegie Mellon University, University of Southern California, and the University of Washington have decided to fix such a weakness and develop a crypto asset better than Bitcoin. The researchers are working together as Distributed Technology Research (DTR), a non-profit organization based in Switzerland and backed by hedge fund Pantera Capital. The first initiative of Distributed Technology Research is the Unit-e, a virtual coin that is expected to solve bitcoin’s scalability issues while holding true to a decentralized model and process transactions faster than even Visa or Mastercard. Babak Dastmaltschi, Chairman of the DTR Foundation Council, said: “The blockchain and digital currency markets are at an interesting crossroads, reminiscent of the inflection points reached when industries such as telecom and the internet were coming of age. These are transformative times. We are nearing the point where every person in the world is connected together. Advancements in distributed technologies will enable open networks, avoiding the need for centralized authorities. DTR was formed with the goal of enabling and supporting this revolution, and it is in this vein that we unveil Unit-e.” According to the press release, Unit-e will be able to process 10,000 transactions per second. That’s worlds away from the current average of between 3.3 and 7 transactions per second for Bitcoin and 10 to 30 transactions for Ethereum. Joey Krug, a member of the DTR Foundation Council and Co-Chief Investment Officer at Pantera Capital, believes that a lack of scalability is holding back cryptocurrency mass adoption. He said: “We are on the cusp of something where if this doesn’t scale relatively soon, it may be relegated to ideas that were nice but didn’t work in practice: more like 3D printing than the internet.” The project’s ideology is firmly rooted in transparency, with a belief in open-source, decentralized software developed in the public interest with inclusive decision-making. The core team of the project is based in Berlin. To solve the scalability problem, DTR has decided to develop the Unit-e with parameters very close to Bitcoin’s design, but many things will be improved. Gulia Fanti, DTR lead researcher and Assistant Professor of Electrical and Computer Engineering at Carnegie Mellon University, commented: “In the 10 years since Bitcoin first emerged, blockchains have developed from a novel idea to a field of academic research. Our approach is to first understand fundamental limits on blockchain performance, then to develop solutions that operate as close to these limits as possible, with results that are provable within a rigorous theoretical framework.” The launch of the Unit-e is planned for the second half of 2019. Researches from MIT, Stanford Set to Replace Bitcoin with Their Groundbreaking Crypto Project
Coinspeaker

BitPay CEO Says Bitcoin Is Solving Real Problems Around the World

BitPay co-founder and CEO, Stephen Pair, has recently commented that Bitcoin (BTC) is solving several issues around the world. He said that in a press release uploaded a […] The post BitPay CEO Says Bitcoin Is Solving Real Problems Around the World appeared first on UseTheBitcoin.
Use The Bitcoin

Trillion Dollar Market Cap, Ethereum Chain Splits & Stellar Lumens Fund - Crypto News

In this video, Mattie gives you the latest bitcoin and crypto news. He talks about the ethereum chain splitting, BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars, and a new Stellar Lumens fund. This is a daily segment! ----------------------------------------------------------------------------------- CHECK OUT OUR PODCAST: https://bit.ly/2sZCAiF New episode every Monday and Friday! ----------------------------------------------------------------------------------- Check out Altcoin Buzz Ladies! https://www.youtube.com/channel/UCxulvI2C9wUvvDDNS7S35fA/videos ---------------------------------------------------------------------------------- Connect with us on Social Media: Twitter: https://bit.ly/2GDAoCp Facebook: https://bit.ly/2wYksLB Telegram: https://bit.ly/2IAqDuI ---------------------------------------------------------------------------------- Looking for the best cryptocurrency wallets? Check these out: BitLox: https://bit.ly/2rWQnHa CoolWallet S: https://bit.ly/2Liy5bv Trezor: https://bit.ly/2IXrZic Ledger Nano S: https://bit.ly/2IyE3al KeepKey: https://bit.ly/2x5TlhM Read about them here: https://bit.ly/2rTdthZ --------------------------------------------------------------------------------- References: Leading Crypto Asset Manager Grayscale Launches Stellar Lumens Trust https://www.altcoinbuzz.io/crypto-news/finance-and-funding/leading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust/?fbclid=IwAR2AlAU_C_8Mm9CUm2hDci0pmdW3pvLzphS-BSy888SzDptaXMeifxZgJ1I Crypto Investment Firm Grayscale Launches Fund Dedicated to Stellar Lumens (XLM) https://www.cryptoglobe.com/latest/2019/01/crypto-investment-firm-grayscale-launches-fund-dedicated-to-stellar-lumens-xlm/ Grayscale Tweet https://twitter.com/GrayscaleInvest/status/1085904356635959297?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085904356635959297&ref_url=https%3A%2F%2Fwww.altcoinbuzz.io%2Fcrypto-news%2Ffinance-and-funding%2Fleading-crypto-asset-manager-grayscale-launches-stellar-lumens-trust%2F Grayscale https://grayscale.co/stellar-lumens-trust/ BitGo CEO Says Institutional Money in Crypto Can ‘Easily’ Reach Trillions of Dollars As Company Launches Cold Storage Trading https://dailyhodl.com/2019/01/17/bitgo-ceo-says-institutional-money-in-crypto-can-easily-reach-trillions-of-dollars-as-company-launches-cold-storage-trading/ Crypto’s Billion-Dollar Theft Problem Prompts Safer Way to Trade https://www.bloomberg.com/news/articles/2019-01-16/crypto-s-billion-dollar-theft-problem-prompts-safer-way-to-trade Ethereum Chain Splits, An Estimated 10% of Miners Stay on Constantinople https://www.trustnodes.com/2019/01/17/ethereum-chain-splits-an-estimated-10-of-miners-stay-on-constantinople Ethereum Upgrade – Constantinople Hard Fork Delayed https://www.altcoinbuzz.io/crypto-news/product-release/ethereum-upgrade-constantinople-hard-fork-delayed/ VanEck to Nasdaq: Bitcoin Market Structure Expected to Improve in 2019 https://www.newsbtc.com/2019/01/17/vaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019/ Nasdaq Tweet https://twitter.com/Nasdaq/status/1085522054559031296?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1085522054559031296&ref_url=https%3A%2F%2Fwww.newsbtc.com%2F2019%2F01%2F17%2Fvaneck-to-nasdaq-bitcoin-market-structure-expected-to-improve-in-2019%2F -------------------------------------------------------------------------------- DISCLAIMER The information discussed on the Altcoin Buzz YouTube, Altcoin Buzz Ladies YouTube, Altcoin Buzz Podcast or other social media channels including but not limited to Twitter, Telegram chats, Instagram, facebook, website etc is not financial advice. This information is for educational, informational and entertainment purposes only. Any information and advice or investment strategies are thoughts and opinions only, relevant to accepted levels of risk tolerance of the writer, reviewer or narrator and their risk tolerance maybe different than yours. We are not responsible for your losses. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence and consult the financial advisor before acting on any information provided. Copyright Altcoin Buzz Pte Ltd. All rights reserved.
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