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China’s Shenzhen Stock Exchange Launches Index of 50 Blockchain Firms

News The stock exchange of China’s technology capital Shenzhen, the Shenzhen Stock Exchange (SSE), launched an index tracking the performance of 50 blockchain firms. According to an announcement on Dec. 24, the index will be based on the stocks of 50 companies listed on the SSE that participate in..

Paxos to Debut Blockchain-Based Clearing & Settlement Pilot for U.S. Stock Market

Blockchain startup Paxos is set to launch a blockchain pilot for clearance and settlements in the U.S. stock market. The project provides an alternative to the process offered by the Depository Trust and Clearing Corp (DTCC). If successful, the Paxos system will be one of the first blockchain imple..

Overstock Files Blockchain-Based Stock Registration With SEC

News Online retail giant Overstock filed an S-3 form for the registration of its blockchain-based digital preferred stock with the United States Securities and Exchange Commission (SEC). The news builds on previous reports that the firm was looking to liberalize its planned digital dividend shares..

Publicly-Listed Mining Firm Argo Blockchain Adds 1,000 New Miners

News Mining firm Argo Blockchain installs 1,000 more mining machines, financial news outlet ProactiveInvestors reports on Sept. 19. The addition of the new machines would take the company’s total number of miners to 6,000. Furthermore, the firm also plans to acquire another 6,000 of them in the ne..

Bitcoin Would Be Amongst 50 Largest Companies In The World

The largest cryptocurrency by market cap wouldn’t make it to the top 10 most valuable companies in the world. Bitcoin is Huge, But 49 Companies Are Bigger than That As of July 30, Bitcoin’s total market cap is at $169 billion, according to Coinmarketcap data. The dominance level maintains above 64%..

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