Sunday March 07, 2021
Bitcoin (BTC) $50,422.00   Ether (ETH) $1,658.20
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Capital Raising

Checkmate Capital invests in Series B Funding for cryptocurrency ecosystem Bcause

Published by CryptoNinjas.net
10/22/2018
Checkmate Capital invests in Series B Funding for cryptocurrency ecosystem Bcause

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, CHC has agreed to acquire an undisclosed but substantial amount of the equity shares of Bcause.

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.

“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 constituencies they serve.”

Benjamin Lye, Vice President and Head of Digital Assets, Checkmate Capital

Checkmate Capital is an investment group managing family office assets and Asian-Pacific institutional funds. Checkmate’s primary areas of investment are energy and energy technology, biomedical and biotechnology, and diversified special situation opportunities.

“This commitment represents our second strategic investment from the Asian region and will further our distribution into Asia.  We’re very pleased to work with CHC and our partners in playing a unique role in the evolving crypto marketplace and furthering the development of cryptocurrency trading in the region.”

Bcause CEO Fred Grede

For the Series B, ASGARD Partners & Co. was appointed back in May 2018 as Strategic and Capital Markets Advisor to Bcause. Lehman Bush, an Asian-focused, specialty boutique private equity investment firm with offices throughout Asia, is currently acting as the firm’s Asian-based strategic industry partner.

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.

6
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Cryptocurrency ecosystem Bcause to leverage technology from Nasdaq
Vendor Technology

Cryptocurrency ecosystem Bcause to leverage technology from Nasdaq

03/13/2019
BCause announces $25 million Series B capital raise for crypto ecosystem
Capital Raising

BCause announces $25 million Series B capital raise for crypto ecosystem

05/16/2018
Bcause opens cryptocurrency mining center
Mining

Bcause opens cryptocurrency mining center

02/12/2018
SBI Holdings acquires 40% stake in bitcoin options firm bcause
Featured

SBI Holdings acquires 40% stake in bitcoin options firm bcause

10/16/2017
Featured

Pending US regulated bitcoin derivatives exchange Bcause chooses Connamara for platform

03/14/2017
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

Enjin launching two scaling solutions to remove gas and support NFTs from any blockchain

03/04/2021
Creators of crypto wallet Exodus files with SEC to allow purchase of its stock with bitcoin

Creators of crypto wallet Exodus file with SEC for $75M public offering

03/03/2021
SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

SIMBA Chain expands to Avalanche blockchain enabling low-code smart contract deployment

03/02/2021
Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

Canadian bitcoin exchange CoinSmart raises $3.5M to expand into Europe

03/01/2021
DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

DeFi yield optimization protocol ETHA Lend closes $1.6M funding round

03/04/2021
Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

Bitcoin DeFi platform Sovryn reveals $1.25M bug bounty; raises $10M in token presale

03/05/2021
P2P crypto escrow platform Escaroo adds staking function from Moonstake

P2P crypto escrow platform Escaroo adds staking function from Moonstake

03/05/2021
SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

SecondState launches Ethereum compatible ParaTime on the Oasis blockchain

03/05/2021
NFT platform Curio closes seed funding of $1.2M to fuel expansion

NFT platform Curio closes seed funding of $1.2M to fuel expansion

03/05/2021
IOTA token added as collateral asset on Bitfinex Borrow

IOTA token added as collateral asset on Bitfinex Borrow

03/05/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version