Ripple Backs $25m Round for Crypto Platform Bitnomial
Ripple led a $25 million fundraising round for Bitnomial, a digital assets derivatives exchange and brokerage platform. Bitnomial revealed that Ripple, the firm that created XRP, headed the fundraising round. This occurs as Botanical, the startup’s perpetual futures trading platform, prepares for public launch. A news announcement states that Botanical is intended to provide customers […]
Bitnomial Sues SEC Over XRP Security Claim
Bitnomial has sued the SEC, alleging it overstepped by classifying XRP as a security. Bitnomial, a cryptocurrency exchange, has filed a lawsuit against the United States Securities and Exchange Commission and its five commissioners, alleging that the agency has “overextended its jurisdiction over digital assets” by asserting that XRP is a security. In the lawsuit […]