Coinify to Broker Funds Raised in Blockshipping ICO
Danish cryptocurrency trading and brokerage firm Coinify announced on Tuesday its first collaboration with a corporate partner, the Global Shared Container Platform company, to process conversions of Ethereum and Bitcoin collected in its Blockshipping initial coin offering (ICO).
The partnership follows Coinify’s May 11 announcement that it is providing corporate brokerage services for the two largest cryptocurrencies by market capitalization. This service adds to Coinify’s already impressive list of solutions including individual trading, payment processing services, and Enterprise solutions via the Coinify API. The partnership displays a prime example of cross-industry collaboration within the blockchain space, said Coinify.
“The expansion of our core business and the announcement of our first client send a strong signal that we are ready to cater to the big corporate and investment communities with our professional and flexible brokerage services,” stated Coinify’s Chief Executive Officer and Co-Founder Mark Højgaard. “We carefully evaluate the clients we decide to serve, and, with Blockshipping, we can express confidence in their thorough efforts to meet the necessary regulatory and compliance standards.”
Blockshipping hopes to transform the global container shipping industry by creating the world’s first blockchain based freight shipping container registry, leading to huge cost savings across the industry while also reducing carbon emissions.
The Blockshipping ICO will distribute Container Crypto Coins tokens issued on the Ethereum blockchain and will accept payments in ETH, BTC, EUR, and USD. Following the presale period, the Blockshipping crowdsale opened May 14 and will run through June 14, with the goal of raising USD 24.8 million.
CEO and Co-Founder of Blockshipping Peter Ludvigsen said, “Being the first Nordic shipping ICO, we wanted to work with an established partner for our fund transactions. Our decision to work with Coinify is marked both by their presence as a globally-strong virtual currency broker, as well as being a fellow ally in championing the blockchain industry.”
- Pan-African FinTech Firm Cellulant Raises $47.5 Million, Scales up Blockchain Division – May 18, 2018
- Deloitte Showcases Blockchain Projects at Consensus 2018 – May 17, 2018
- ConsenSys Teams up with Amazon to Deliver Streamlined Access to Blockchain – May 17, 2018
- Coinify to Broker Funds Raised in Blockshipping ICO – May 17, 2018
- Deloitte Survey Numbers Demonstrate Executive Faith in Blockchain – May 16, 2018
- Flyingcarpet Counts Coconuts in Papua New Guinea in ‘World First’ Demo – May 15, 2018
- Devcash Blockchain Clocks in at 2.5 Million Transactions per Second – May 15, 2018
- Verv Partners with Ocean Protocol for Improved Consumer Energy Data – May 15, 2018
- Energi Mine Launches Beta Version of Energy-Saving Rewards Program – May 15, 2018
- Shyft Whitepaper Outlines New Standards for Regulatory Compliance – May 14, 2018
- Stratis Announces Zero Fee Platform for Launching ICOs – May 11, 2018
- CG Blockchain Closes $31 Million Public Sale for Crypto Terminal – May 11, 2018
- New York Stock Exchange Owners Prepare Bitcoin Trading Platform – May 10, 2018
- QUOINE to Launch ICO Mission Control for Better Token Sales – May 9, 2018
- Pundi X to Accept Michael Owen’s Celebrity Coin at POS Terminals – May 9, 2018
- Bezant Content Sharing Platform Closes $16.8 Million Presale in Under One Hour – May 8, 2018
- Overstock.com and tZERO Refocus Management Positions as Growth Accelerates – May 8, 2018
- World’s Major Automakers Mobilize on Blockchain for New Initiative – May 7, 2018
- Winklevoss’ Gemini Exchange Partners with Nasdaq for Financial Surveillance Tech – May 4, 2018
- CoinList Announces Airdrops with Focus on US Securities Compliance – May 4, 2018
- IBM Announces Cross-Industry Initiative to Track Finished Jewelry – May 3, 2018
- FuzeX To Enable Debit Card Style Payments in Energi Mine Tokens, Fiat Coming Soon – May 1, 2018
- Eximchain Reveals YOOsourcing Partnership, Launches Supply Chain Testnet – May 1, 2018
- Nasdaq CEO Amenable to Crypto Exchange: Reaction – April 30, 2018
- DAV Secures Major Investment From Block Crafters Capital Ahead of ICO – April 30, 2018
- AdLedger, IBM & Salon Are Building a Better Digital Advertising Blockchain – April 27, 2018
- Liquidity.Network Set to Launch Off-Chain Ethereum Microtransactions – April 26, 2018
- Neufund Joins Malta in Developing Tokenized Security Ecosystem – April 26, 2018
- Fan Controlled Football League Signs New Alchemy to Manage Upcoming ICO – April 25, 2018
- Lithuania Prepares Remote LLC Registration and Management for 2019 – April 20, 2018
- Ilmatic Announces Wearable Hot Wallet For Real-World Crypto Payments – April 20, 2018
- Havven Launches eUSD Stablecoin – April 20, 2018
- Energy Web Foundation Unveils Powerful New Tools – April 17, 2018
- Myndshft Releases Blockchain-Based Machine Learning Process Automation Tool – April 17, 2018
- Crowdsourcing Blockchain Solution Dataeum Announces ICO For User Generated Data Sharing – April 16, 2018
- ShareRing Nets $3.8 Million In Seed Funding, Prepares Token Generation Event – April 16, 2018
- ELECTRIFY Sponsors NEUTRINO Coworking Space, Ethereum Community Fund – April 13, 2018
- EUIPO to Host EU Blockathon With €100K Prize to Fight IP Crimes – April 12, 2018
- Origin Protocol Partners With NuCypher to Add Security Layer to Decentralized Gig Economy – April 12, 2018
- ONEm Seeks to Bring Internet to Rural Africa via Blockchain-Powered SMS – April 12, 2018
- Live Charity Auction to put Artworks on Codex Blockchain at ConsenSys Ethereal Summit – April 11, 2018
- Virtual World Developer MARK.SPACE Secures $11M From New Strategic Investors – April 11, 2018
- Kiddie Crypto: Cubetto & Kano Learning Designers Team up for Digital Piggy Bank – April 11, 2018
- Bitfinex Adds 12 New Tokens to Trading Platform – April 10, 2018
- tZERO Unveils Prototype for Upcoming Security Token Exchange – April 10, 2018
- Bitcoin Cash Trading Added to Lykke Exchange – April 10, 2018
- CoinList Closes $9.2M Private Funding Round for Accredited Investor and ICO Advisory Services – April 6, 2018
- McFly.aero Launches Flying Taxis ICO – April 6, 2018
- Foxconn & SIRIN LABS Partner to Create Blockchain-Based Smartphone – April 6, 2018
- FOX BTC Plans Bitcoin Fork for Airdrops and PoS Rewards – April 4, 2018