Bitcoin Conference coming to College Station virtually, talking technology, business, finance, law and regulation

Erwin Oropesa

COLLEGE STATION (CW39) The interest in Bitcoin has not slowed down and people around the world are still jumping on board. That’s why Texas A&M University hopes to help educate everyone about the Bitcoin and is hosting a conference to do just that .

The Bitcoin Conference takes place April 16-17 and is hosted by the Mays Innovation Research Center, a center of excellence within Mays Business School at Texas A&M University. This mostly virtual event will feature speakers from academia, industry and government, plus experts representing numerous aspects of the cryptocurrency Bitcoin

The conference, which will be held via Zoom but with an in-person option on April 17, will address topics such as Bitcoin’s economic foundations, underlying technology, business and finance, and the law/policy/regulatory landscape.

Texas A&M University

“Bitcoin is one of the most radical innovations of our time, so it is appropriate that the Center

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Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit

Erwin Oropesa

a hand holding a cell phone: Exclusive: Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit

© M. Sriram
Exclusive: Five Star Finance seeks $1.2 billion valuation, Morgan Stanley may exit

Investors in non-bank lender Five Star Business Finance are in talks for a secondary share sale, valuing the company at $1.2-1.3 billion (Rs 9,000 crore) and making it India’s newest unicorn, sources told Moneycontrol.

Existing investor Morgan Stanley Private Equity could sell a part of its stake for close to $100 million to Sequoia Capital’s Global Growth Fund, an $8 billion investment vehicle meant to back the best companies from its portfolio worldwide, said these people, who requested anonymity. Sequoia India is already an investor in Five Star.

Five Star, which provides secured loans to small businesses, also counts Matrix Partners, Norwest Venture Partners and private equity giant TPG as its investors. It was valued at $950 million in July 2019, when TPG led a $50 million round.

Sequoia declined to comment while Five Star

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LQD Business Finance Launches Development of Bitcoin Business Lending Platform

Erwin Oropesa

CHICAGO, Feb. 19, 2021 /PRNewswire/ — LQD Business Finance, a leading tech-enabled alternative lender, launches the development of the world’s first Bitcoin business lending platform. This cutting-edge platform will make LQD Business Finance the first company to use Bitcoin as currency for commercial loans.

Chicago-based commercial lender launches the development of first-ever loan service with Bitcoin as currency

While Bitcoin can be used as collateral to obtain a loan currently, the company’s platform will be the first to use Bitcoin as a lending currency. LQD Business Finance’s platform will achieve this goal in two key ways.

First, LQD Business Finance will build upon the Provenance blockchain to make the process of documenting and packaging loans more efficient. “Bringing increased efficiency and accuracy to commercial lending at the core of LQD’s DNA. Adding a blockchain to our existing tech-stack enables us to better achieve that goal,” says LQD CEO George Souri.  

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