Category Archives: Press Releases

CSA and IIROC Publish Guidance and Regulatory Framework for Crypto Asset Trading Platform Compliance

CSA / IIROC | Joint release | March 30, 2021

regulation and compliance

Toronto – The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) today published a notice outlining securities law requirements that apply to crypto asset trading platforms (CTPs) and how they may be tailored by regulators for the CTPs business model.

“The guidance in our notice details steps platform operators need to take to comply with securities legislation as they prepare to fully integrate into the Canadian regulatory structure,” said Louis Morisset, CSA Chair and President and CEO of the Autorité des marchés financiers. “To bring their operations into compliance, CTPs should contact their local securities regulator now to discuss the registration process and address applicable requirements.”

“We are pleased to work with the CSA on such an important initiative,” said Andrew J. Kriegler, President and CEO, IIROC. “This framework provides guidance on how the regulatory requirements may be tailored to a platform’s business, without compromising investor protection or market integrity.”

See:  A Global Review Of The Regulatory Considerations Relating To Crypto-Asset Trading Platforms

The notice provides guidance on securities law requirements applicable to platforms whether trading crypto assets that are securities or derivatives, or contractual rights or claims to underlying crypto assets such as bitcoin or ether. The notice also outlines interim approaches that may be available to CTPs, that are intended to foster innovation and provide flexibility, while ensuring the CTPs operate in an appropriately regulated environment.

In addition, the notice provides an overview of key risks related to CTPs and areas where requirements may be tailored, provided that key risks are addressed and investor protection is not compromised. Finally, the notice outlines the process for submitting an application to the relevant CSA jurisdictions and IIROC.

“We remind all CTPs that are dealing with Canadians, including foreign-based CTPs, that they are expected to comply with Canadian securities legislation,” added Louis Morisset. “Failure to do so could result in CSA members pursuing enforcement action.”

In 2019, the CSA and IIROC published Joint CSA/IIROC Consultation Paper 21-402 Proposed Framework for Crypto-Asset Trading Platforms, which outlined a proposed regulatory framework for CTPs, and solicited comments to better understand the industry, its risks and how regulatory requirements may be tailored. The CSA and IIROC received 52 comment letters in response to the consultation paper and consulted extensively with industry stakeholders on issues specific to CTPs.

The CSA is aware of CTPs seeking to become reporting issuers through an initial public offering or through reverse take-overs, changes of business, Capital Pool Company qualifying transactions or similar transactions. There are potential public interest concerns with a CTP that is required to be registered, but that is not, becoming a reporting issuer.  CTPs and their representatives should contact their local securities regulator if they intend to become reporting issuers through an intial public offering or other transaction.

Joint Canadian Securities Administrators and Investment Industry Regulatory Organization of Canada Notice 21-329 Guidance for Crypto Asset Trading Platforms: Compliance with Regulatory Requirements is available on the websites of CSA members and IIROC.

Download the 56 page PDF Regulatory Guidance for Crypto Trading Platforms --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Republic Announces $36M Series A to Democratize Access to Investing for Everyone

Republic | Business Wire | March 17, 2021

republic investing in startups

NEW YORK--(BUSINESS WIRE)--Republic, a leading investment platform, announced today it has completed the initial closing of its $36M Series A fundraising. The round was led by Galaxy Interactive with participation by Tribe Capital, Motley Fool Ventures, and Broadhaven Ventures. In addition, Prosus Ventures (formerly Naspers Ventures) made a strategic investment in Republic through a purchase of Republic Notes, a novel digital security. Founded in 2016, Republic and its subsidiaries have raised more than $70 million to fund their ventures.

Republic was founded on the principle that sought-after investment opportunities should not be limited to small, closed networks of investors, and that people should be able to invest in the future they believe in. On the Republic platform, anyone can invest across startups, real estate, crypto, gaming, and small businesses. Republic has over 1 million members, who to date have invested more than $300 million in offerings under Regulation Crowdfunding (Reg CF), Reg A and Reg D. Republic provides curated deals for investors of all experience levels and interests, while empowering founders with access to a diverse and engaged investor base.

See:  Early-stage Investing – The Public gets a Seat at the Table

Republic is a leader in facilitating crowdfunding campaigns for startups and SMBs raising under Reg CF, which allows non-accredited investors to participate in private funding rounds. Earlier this week, the SEC raised the cap for how much can be raised through Reg CF from $1.07 million to $5 million per annual period, enabling founders to raise up to 5x more capital through crowdfunding, while unlocking unprecedented access to deal flow for Republic’s investor community. Republic quickly became the first investment platform to facilitate a $5m Reg CF offering under the new rules. In addition to serving retail investors, Republic recently launched Republic Deal Room, offering investment opportunities for institutional and accredited investors.

One of the first mainstream fintech firms to embrace cryptocurrencies, Republic created the Republic Note, a profit-sharing digital security meant to align the incentives of the community with activity on the Republic platform. Prosus Ventures —the venture arm of Prosus, one of the world’s largest technology investors— is backing the Republic Note, which represents Prosus Ventures’ first-ever crypto digital asset investment.

“Prosus Ventures has a strong history of being an early investor in businesses that target big societal challenges, and Republic has created a platform that has the potential to break down the systemic barriers that exist in the funding process,” said Banafsheh Fathieh, Head of Americas Investments at Prosus Ventures. “Republic’s continued growth will enable more entrepreneurs from underrepresented groups to raise funds beyond the usual gatekeepers, and investors will be able to help businesses they are passionate about when they need it most.”

“We are at the early stages of a multi-decade super-cycle of retail empowerment. Republic is at the forefront of this trend, and there is no team that better understands the intricate web of consumer tech, finance, and regulation needed to bring real innovation to the private investment space. We are thrilled to partner with Ken and team, and look forward to the amazing opportunities they will enable in the years to come,” added Richard Kim, partner at Galaxy Interactive, Republic’s lead investor.

See:  Retail investors are becoming more than shareholders

Kristine Harjes, Investment Officer at Motley Fool Ventures, also offered her perspective on the investment, “The Motley Fool has long championed the individual investor, and we feel deeply aligned with Republic’s mission to increase access to once-exclusive private investment opportunities. Motley Fool Ventures is thrilled to support Republic’s efforts to revolutionize the alternative investment landscape through its best-in-class technology and community.”

Republic has recently expanded its reach into new markets through strategic acquisitions, including Fig, a leading video game publisher backed by Spark Capital and Greycroft, Compound, a real estate investment platform backed by NEA, and NextSeed, a crowdfunding platform for local businesses. Earlier this month, Republic announced that it is expanding its crypto offerings and will be hosting digital asset sales on the platform, allowing blockchain projects to sell native digital assets to both U.S. and non-U.S. participants.

Republic CEO Kendrick Nguyen has played a key role in creating more equitable funding and investment opportunities for founders and retail investors alike.

“We have entered a new era of investing, one in which all stakeholders of a business can become shareholders. The support of marquee institutional investors in Republic’s funding round is indicative of the vast potential of our mission: to enable investors everywhere to align their passion with profit,” states Nguyen, who penned a personal letter for the Republic blog about what the future holds for Republic. With this new round of investment, Republic will continue to work towards its mission of democratizing access to investing and giving people the power to invest in the future they believe in.

About Republic

Republic is a leading investment platform that provides access to startup, real estate, crypto, and gaming investments for both retail and accredited investors. Republic has facilitated over $300 million in investments by our global community of over one million members. For more information, visit www.republic.co.

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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Alberta and Saskatchewan securities regulators seek comment on proposed new small business financing initiative

ASC | Denise Weeres | March 25, 2021

ASC seeking commentCalgary – The Alberta Securities Commission (ASC) and the Financial and Consumer Affairs Authority of Saskatchewan (FCAA) are seeking input on a proposal designed to provide greater access to capital by start-ups and other small businesses in Alberta and Saskatchewan and broaden investment opportunities for investors in those provinces.

“Small businesses in our provinces continue to face challenging economic conditions so it’s important that we pursue new approaches to facilitate their ability to access capital while still protecting investors,” said Stan Magidson, Chair and CEO of the ASC. “We are hopeful that this proposal will help address the financing challenges of small local businesses that do not currently have the profile or growth prospects to attract the interest of venture capitalists or public capital markets,” added Roger Sobotkiewicz, Chair and CEO of the FCAA.

The proposed new small business financing prospectus exemption would allow Alberta and Saskatchewan businesses to raise up to $5 million from investors in those provinces who wouldn’t qualify to invest under other prospectus exemptions. The exemption contemplates the use of a simple, streamlined offering document with tiered offering and investment limits depending on whether financial statements are provided to investors.

See:  Sep 22, 2019: NCFA Response to ASC Consultation Paper 11-701: Energizing Alberta’s Capital Market

Details of the proposal are set out in CSA Multilateral Notice and Request for Comment 45-539 Proposed Prospectus Exemption for Small Business Financing available on the websites of the ASC and the FCAA. The comment period for the proposed new prospectus exemption is open until May 7, 2021.

The CSA, the council of the securities regulators of Canada’s provinces and territories, co-ordinates and harmonizes regulation for the Canadian capital markets.

View the original release --> here

View the detailed proposal for comment --> here


ASC | Denise Weeres | Mar 25, 2021

ASC seeks comment on proposed new small business finder’s exemption

CALGARY – March 25, 2021 - The Alberta Securities Commission (ASC) is seeking input on a proposed new registration exemption for finders to help start-ups and other small businesses in Alberta with capital raising.

See:  ASC Updates Raising Capital for Small Businesses Resource: Fostering Alberta’s New Economy

The proposed new small business finder’s exemption would replace ASC Blanket Order 31-505 Registration Exemption For Trades In Connection With Certain Prospectus-Exempt Distributions (known as the northwestern exemption). It will provide a more targeted exemption from the dealer registration requirement that is intended to enhance investor protection and better integrate with the existing and proposed prospectus exemptions that small businesses in Alberta can rely on.

“Small businesses are an important part of our economy. We understand that when they are raising small amounts of capital, they may not be able to attract a registered dealer to assist with the financing and may need to look to finders to help them identify potential investors,” said Stan Magidson, Chair and CEO of the ASC. “The goal of this proposed exemption is to assist Alberta small businesses address their capital raising challenges but with conditions that prioritize investor protection.”

Details of the proposal are set out in ASC Notice and Request for Comment Proposed Revocation of ASC Blanket Order 31-505 Registration Exemption For Trades In Connection With Certain Prospectus-Exempt Distributions and Replacement with Proposed ASC Blanket Order 31-536 Alberta Small Business Finder’s Exemption. The comment period for the proposed new registration exemption is open until May 7, 2021.

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.

View the original release --> here

View the detailed proposal for comment --> here

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

BIGG Digital Assets Inc. Announces $25 Million Bought Deal Financing

BIGG Digital Assets | March 24, 2021

BIGG Digital Assets_

VANCOUVER, British Columbia, March 24, 2021 (GLOBE NEWSWIRE) -- BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W) is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by PI Financial Corp. (the “Lead Underwriter”) and including Canaccord Genuity Corp., and Echelon Wealth Partners (collectively with the Lead Underwriter, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 12,000,000 units of the Company (“Units”) at a price of C$2.10 per Unit for gross proceeds of C$25,200,000 (the “Offering”). Each Unit is comprised of one common share (each a “Common Share”) and one-half Common Share purchase warrant (each such full warrant, a “Warrant”). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$2.70 for a period of 24 months following the closing of the Offering.

See:  Fintech Fridays EP50: Compliance to the Moon

The Company will grant the Underwriters an over-allotment option to increase the size of the Offering by up to 15% of the aggregate number of Units sold under the Offering, exercisable in whole or in part at any time up to 30 days after and including the closing date of the Offering, which may be exercised for Common Shares, Warrants or a combination thereof.

The Company intends to use the proceeds of the Offering for cryptocurrency trading floats for Netcoins, and working capital.

Continue to the full article --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

Mogo to enter $4+ trillion Canadian Wealth Management Industry with acquisition of Leading Saving and Investing App, Moka Financial Technologies Inc.

Mogo | March 23, 2021

Mogo and Moka

  • Wil increase Mogo’s member base to more than 1.7 million with addition of Moka’s more than 500,000 members
  • Acquisition will form core of MogoWealth, leveraging Moka’s investing platform & team, which includes over $250 million of AUM along with registered portfolio management capabilities throughout Canada & Europe
  • Will accelerate planned launch of Mogo’s free stock trading solution, further expanding Mogo’s digital wallet capabilities
  • The $64 million all-stock transaction will bring new Mogo shareholders including Desjardins Capital, National Bank of Canada and Ferst Capital Partners

VANCOUVER, British Columbia--(BUSINESS WIRE)--Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”), a digital payments and financial technology company, today announced it has entered into a binding letter of intent to acquire 100% of Moka Financial Technologies Inc. (“Moka”), one of Canada's leading saving and investing apps, in an all-stock transaction. The proposed acquisition will increase Mogo’s member base by over 40% to more than 1.7 million and expand Mogo’s wealth offering to include saving and investing products. In addition, the acquisition will accelerate Mogo’s plan to launch a free stock trading solution for Canadians which will further solidify Mogo’s position as the most comprehensive digital wallet in Canada. The two companies expect to complete a definitive agreement and close the transaction in Q2 2021.

See:  Fintech Canada Directory Category: Wealthtech | Alternative Investing

Montreal-based Moka launched in 2017 with the social mission to help millennials achieve their financial goals, and it has since been downloaded by over 1 million consumers and earned thousands of 5-star reviews. The Moka app has become one of Canada’s most popular investing apps due to its roundup feature, which automatically rounds up daily purchases and invests the spare change in personalized, diversified portfolios of low-cost Exchange-Traded Funds. Moka members can invest through a TFSA, RRSP or non-registered account. There is no financial knowledge, minimum investment or lifestyle change required to use Moka, so anyone can start saving and investing by downloading the app and simply linking an existing debit or credit card.

“This acquisition represents another significant milestone for Mogo on our journey to building the leading digital wallet for Canadians,” said David Feller, Mogo’s Founder and CEO. “Like Mogo, Moka is driven to help users improve their financial health, and they have built an innovative solution to enable consumers to easily save and invest money. By adding these digital saving and investing products – along with Moka’s technology platform and experienced fintech team – we will dramatically enhance what is already one of the most compelling and differentiated value propositions in Canadian finance. Moka will complement our existing MogoCrypto account and form the core of MogoWealth, making Mogo’s digital wallet the most comprehensive solution in Canada.”

Philip Barrar, Founder & CEO of Moka, added: “We’re very excited to join Mogo, a fintech pioneer and one of Canada’s leading fintech companies. Moka has built a robust customer-centric technology platform and, as part of a larger, more diversified and well-capitalized digital platform, we enhance the opportunity to grow our business and, importantly, to give our members access to even more digital products and tools to improve their financial well-being. We look forward to bringing these two companies together.”

Greg Feller, President and CFO of Mogo, added: “This is a highly strategic acquisition for Mogo. In addition to adding capabilities in two large and important financial segments – saving and investing – we would immediately increase our member base by over 40%, accelerate the growth of our subscription & transaction-based revenue and increase Mogo’s total addressable market into the $4+ trillion wealth management business along with expansion into Quebec. Following the Moka acquisition, we expect to further expand the MogoWealth product offering in 2021, including introducing a free stock trading solution to Mogo members.”

See:  Advisors Seek Venture-Investing Gold in Fintech

Moka currently has more than 500,000 active members and over 100,000 monthly subscription members, and the company generated approximately $6.5 million of revenue in 2020. Moka has approximately $250 million of assets under management and registered portfolio management capabilities throughout Canada and in Europe, where the company launched in France during 2020. Moka’s key investors include Desjardins Capital, the venture capital arm of North America's largest association of credit unions, NAventures, the venture capital division of National Bank of Canada, and Ferst Capital Partners, a private investment firm that specializes in consumer fintech and digital assets.

Following completion of the acquisition, it is expected that Philip Barrar, Founder & CEO of Moka, will join Mogo’s leadership team in a newly created role of Chief Innovation Officer. Dr. Liam Cheung, Chairman of Moka and partner at Moka shareholder Tactico, is expected to join Mogo’s board of directors. Cheung is a seasoned financial services entrepreneur and executive with over 25 years of experience. Prior to founding Tactico, he was instrumental in successfully establishing several new businesses for several brokerage and trading technology companies worldwide. Cheung was instrumental in founding Fidelity Clearing Canada, which provides clearing, custody and back-office support services to Canadian-based brokerage firms and the Canadian brokerage arms of U.S.-based firms. Previously, he was closely involved with JitneyTrade where he served as Chairman, during which time the company became one of the top ten highest volume trading firms in Canada. JitneyTrade was eventually sold to Canaccord Genuity in 2018.

View the original release --> here


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

The PHAZER Universe is Coming to Liquid Avatar with Integrated Multi-Media, Avatars and AR-Enhanced, Cinematic Collector NFTs

Liquid Avatar | Cara Buckspan | March 22, 2021

liquid avatar phazer NFT

Apex Comics Group brings its iconic characters to the world of digital collectibles with virtual unveiling at WonderCon March 26 and 27th 2021.

TORONTO, ON and ERIE, PA and NEW YORK, NY / ACCESSWIRE / March 22, 2021 / Liquid Avatar Technologies Inc. (CSE:LQID)(OTC PINK:TRWRF)(FRA:4T51) Liquid Avatar Technologies, a global blockchain, digital identity and fintech solutions company together with ImagineAR Inc. (CSE:IP/OTC:IPNFF), an Augmented Reality platform company, reports that Oasis Digital Studios ("Oasis") is excited to announce that they have partnered with Apex Comics Group, founded by comic book industry veteran, Mariano Nicieza, to bring the PHAZER Universe and other published characters to Liquid Avatar as custom digital icons, integrated multi-media, Augmented Reality items and cinematic, AR enhanced Non-Fungible Tokens (NFTs). A sneak peek of the program will be made virtually on March 26th and 27th at Comic Con International's WonderCon.

See:  The Outer Space Men are Landing at Liquid Avatar

Bringing images to life, Oasis is developing NFTs with cinematic quality, motion, sound, and special effects that make them true collectibles. Each Oasis Cinematic and AR Enhanced NFT will come complete with an Augmented Reality Experience through Liquid Avatar providing users the ability to showcase their NFTs in the virtual and real world. A cinematic trailer is available at the Oasis website - www.oasisdigitalstudios.com.

The integrated campaign, expected to launch in early Spring, will feature a series of limited-edition collector cinematic and AR enhanced NFTs, Liquid Avatar digital icons available in the Liquid Avatar Marketplace, and a fully immersive cinematic and 3D global Augmented Reality scavenger hunt powered by ImagineAR. A pre-sale waiting list is available for prospective purchasers and collectors at the Oasis website - www.oasisdigitalstudios.com.

"It's truly exciting and extremely gratifying to be partnered with Liquid Avatar and Oasis! The Apex Comics Group characters have come to life in prose-novels, comic books, trading cards and posters; Avatars, Augmented Reality, and cinematic NFTs will propel these characters to brand new levels!" stated Mariano Nicieza, Apex Comics Group President and creator of Phazer Universe.

Non-Fungible Tokens (NFT) are digital assets that represent a wide range of unique tangible and intangible items, from art, comic books and collectible sports cards to virtual real estate and even digital sneakers. One of the main benefits of owning a digital collectible versus a physical collectible like a rookie card or a rare-minted coin is that each NFT contains distinguishing information that makes it both distinct from any other NFT and easily verifiable. This makes the creation and circulation of fake collectibles pointless because each item can be traced back to the original issuer.

ABOUT THE PHAZER UNIVERSE

This sci-fi action-adventure opus centers around Project: P.H.A.Z.E.R., a highly classified military project, created to study Alpha-Zachyon, a new type of energy and develop defenses against extraterrestrial invasion. Scientist Mark Moreno, head of the project, becomes the victim of a sabotaged experiment that sends him uncontrollably shifting through the time-stream where his altered molecular structure manifests different paranormal powers in every time-period he lands in. Hunted by a shape-shifting alien his daily existence is a fight for survival as he struggles to find a cure and return to the world he's left behind.

See:  Sophia the robot set to auction NFT digital artwork

Along the way, he makes unlikely alliances with Blackray, a hybrid humanoid who can breathe underwater, Agent Three Zero, a special-forces operative with a unique armored suit that allows her to detect camouflaged extraterrestrial beings, and the Cosmic Raiders, a quartet of super-powered women.

The Blue Sultan, an insane terrorist with a hidden past is also pursuing the secrets of Alpha-Zachyon energy to further his own ambitions for world domination. His mad schemes threaten to destroy the Earth.

Mark Moreno's chase through countless time-periods culminates back on his present Earth with a final battle on the frozen wasteland of Antarctica, and the discovery of an ultimate, ancient weapon that could spell the end of mankind.

This is an exciting time for digital collectibles, avatars, digital identity augmented reality and NFTs," said David Lucatch, CEO "Oasis, together with Liquid Avatar and ImagineAR are spearheading the drive towards immersive experiences integrated with Blockchain technologies."

The Oasis AR Enhanced NFT experience will be available exclusively through the Liquid Avatar Mobile App, which features the ability to create digital icons that allow users to manage, control and create value from their biometrically verified digital identity, and is available in the Google Play and Apple App Store.

If you would like to join our mailing list and receive updates from the Company., please click here.

 


The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

NCFA Financial Innovation MapNCFA Innovation Opportunity BriefsNCFA Fintech Insights
NCFA Fintech WhispererNCFA Fintech Fridays PodcastNCFA Weekly Newsletter

 

NCFA Announces 7th Annual FFCON21 Digital ‘Breaking Barriers’ FinTech Conference

NCFA Canada | FFCON21 Team | March 11, 2021

FFCON21_vert_2_col_med

FFCON21 to connect HR talent and explore accelerated Fintech trends and innovations paving the way to mass adoption and scale

TORONTO — March 11, 2021 — The National Crowdfunding & Fintech Association (NCFA), organisers of Canada’ foremost Fintech conference, is pleased to announce the return of FFCON for its 7th consecutive year. The annual FFCON Digital Event, held in association with Toronto Finance International (TFI), will take place May 11-13, 2021.

Building on the success of previous conferences, this year’s event -- titled ‘Breaking Barriers’ -- will bring together an international community of leading voices in fintech, digital banking, tokenization, blockchain, CBDCs, digital identity, AI, capital markets innovation, EDI (equality, diversity and inclusion) and sustainable, open, and alternative finance.

“Fintech is evolving quickly and breaking barriers,” said Craig Asano, Founder and CEO of the National Crowdfunding & Fintech Association of Canada. “Fintech is no longer niche -- it is a permanent technological evolution that is changing the world of finance by high growth fintech companies and incumbent financial institutions. It’s rewiring financial services for the new economy and setting new standards that also demand new regulations. Most importantly, it’s about improving access and delivering better financial products, services and outcomes for everyone especially consumers and small to midsize enterprises (SMEs).”

The theme of FFCON21 reflects the growth and challenges that the Canadian Fintech industry has had to navigate through to foster scalability and mainstream adoption, made all the more complicated through the disruption caused by Covid-19.

“Our Fintech ecosystem has become a great strength in the greater Canadian innovation landscape. COVID-19 has accelerated the pace of change in the industry and highlighted the important role digital innovation plays in the competitiveness of the financial services sector. Rapidly changing consumer habits and ways of delivering products and services offers a significant opportunity for Canadian Fintechs" Jennifer Reynolds, President & CEO, Toronto Finance International

Beyond covering important fintech topics, FFCON21 will offer an engaging and fast-paced interactive agenda, including investor speed dating, sports-inspired Fintech Draft pitching and demo competitions designed to identity and feature emerging fintech stars, debates, round table discussions, digital ebooths and virtual expo, 1-on-1 networking opportunities and unique experiences.  Delegates and partners can build their knowledge base, launch or scale an idea or collaborate digitally with visionary entrepreneurs and investors.

New to FFON21 this year, organizers are adding an HR fintech talent marketplace to connect anyone seeking new opportunities with high growth companies, and a ‘deep dive’ masterclass series on the topic of decentralized finance as part of its quarterly Global Fintech Now program for VIP passholders.

The multi-day event will run from May 11-13 inclusive with daily content to span feature themes of Digital Innovation and Breaking Barriers, Creation & Growth and Global Future Forward. Updates to the evolving programme and speaker lineup can be found on the FFCON21 website.

Registration Now Open

Registration for FFCON21 Breaking Barriers is now open with special early bird rates for delegates, exhibitors and startup packages available for a limited time. Tickets can be purchased at https://fintechandfunding.com/tickets/.

Useful Links

Speaker Application

Fintech Draft Pitching & Demo Application

Website | Experience | Partner Packages

Registration | Media Pass

 

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About the NCFA

The National Crowdfunding & Fintech Association (NCFA) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain and cryptocurrency, Regtech, and Insurtech sectors. To learn more about NCFA visit www.ncfacanada.org

 

About Toronto Finance International

Toronto Finance International (TFI) is a public-private partnership between Canada’s three levels of government, the financial services sector and academia. TFI’s mission is to lead collective action that drives the competitiveness and growth of Toronto’s financial sector and establishes its prominence as a leading international financial centre. For more information, please visit: www.tfi.ca

 

About FFCON

FFCON21 (Fintech and Financing Conference) is an annual conference hosted by Canada’s National Crowdfunding and Fintech Association (NCFA). Now in its seventh year, FFCON21, held in association with Toronto Finance International, will bring together professionals and innovators in fintech, open banking, digital identity, blockchain, cryptocurrency, AI, capital markets innovation, sustainable and alternative finance.

Further information about the conference can be found at www.fintechandfunding.com

FFCON21 Contacts

Craig Asano
Founder and CEO, NCFA
casano@ncfacanada.org
(416) 618-0254

Partnership Inquiries
Lauren Linton
Advisor, NCFA
lauren@ncfacanada.org
(416) 569-4349

Media Contact
The Top Floor Public Relations
Michele McDermott-Fox
michele@thetopflooragency.com
(905) 379-1893

David Lewis
david@thetopflooragency.com
(905) 541-5699