Meta Pixel

News and Announcements

Blockchain startup Havven raises $39 million in Australia’s largest ICO

  • Published December 20, 2018 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • Havven raised $39 million in ICO.
  • The token sale was over in 90 minutes.
  • Public contributors to the sale were left with approximately 1.2 million of the startup’s HAV tokens (or around $US4 million worth of tokens), to get their hands on.

Blockchain startup Havven finalised a $US30 million ($38.6 million) initial coin offering (ICO) this year.

Kicking off at 7.00am, the token sale was over in just 90 minutes. But the full $US30 million was not sold in that time, as the company had already completed a massive $US26 million pre-sale from high net worth individuals and crypto investment funds.

Public contributors to the sale were left with approximately 1.2 million of the startup’s HAV tokens (or around $US4 million worth of tokens), to get their hands on.

To read the full article, click here.

Company Updates
Forget Startups: Why Magnetic Alliance is Betting on “Boring” Mid-Market Turnarounds

While Australia’s venture capital scene spent years chasing unprofitable tech startups and speculative high-growth plays, Mark Lim was quietly taking a radically different path. The Managing Partner of Magnetic Alliance Capital sees the nation’s richest investment opportunities hiding in plain sight: inside thousands of unglamorous, profitable, but operationally sluggish mid-market businesses. Speaking on Wholesale Investor’s […]

Company Updates
The asset class where the market has no vote

Litigation funding returns are decided in a courtroom, not a cycle. Knightsbridge’s Head of Capital is careful to call that a different risk rather than a lower one, and his answer to it is spread, not concentration. Most alternative assets still answer to something. Property answers to rates. Private credit answers to defaults. Even the […]

Company Updates
The listing fee vendors pay whether the house sells or not

Australia’s property portals collect more than $2 billion a year while national listings sit flat. An Australian-built AI platform is targeting the economics, not just the interface. An Australian vendor listing a home pays a vendor-paid advertising fee on top of agency commission. Rama Dwarapudi, Founder and Chief Executive Officer of RealSearch, puts a typical […]

Join over 45,000+ sophisticated investors

Join Now