http://www.proactiveinvestors.com.au Proactiveinvestors RSS feed en Sun, 19 Aug 2018 10:23:33 +1000 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[News - Ookami’s shares ride higher on new deal with digital asset exchange ]]> http://www.proactiveinvestors.com.au/companies/news/191542/ookamis-shares-ride-higher-on-new-deal-with-digital-asset-exchange-191542.html Ookami Ltd’s (ASX:OOK) shares are trading 33% higher intra-day at $0.073 after signing a collaboration agreement with Australian founded digital asset exchange National Currency eXchange Group (NCX).

Ookami is aiming to develop an ecosystem of technology solutions encompassing ‘smart contracts’, blockchain technologies, secure identity management and verification.

The company has developed a mobile platform, Akela, which allows investors to view what is on offer and place an order for shares in capital raisings for listed ASX companies, IPO’s and start-ups.

Enabling digital asset payment solutions for traditional equity offerings

The new agreement with NCX is expected to enable client verification for digital wallets, allowing Akela to be the first securities investment platform to integrate digital asset payment solutions for use in traditional equity offerings.

This essentially bypasses the extensive process flow; whereby the client needs to sell digital assets on a third-party exchange, transfer to a third party digital wallet, transfer fiat to a third-party bank, then transfer fiat for an Akela offering.

Seamless integration avoids unnecessary extra layers of transaction fees associated with moving digital assets out of wallets across the network multiple times, and the associated time delays and risks.

Key technology partnership for the Ookami ecosystem

The rise in digital assets have created a new investor class that is technologically sophisticated and seeks diversification of their asset holdings.

Closing the Ookami ecosystem with key technology partnerships is critical, as it allows the opportunity for participation in equity investments and other offerings for its members.

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Tue, 13 Feb 2018 13:49:00 +1100 http://www.proactiveinvestors.com.au/companies/news/191542/ookamis-shares-ride-higher-on-new-deal-with-digital-asset-exchange-191542.html
<![CDATA[News - Ookami's shares sharply sold off, enters Leading Morning % Fallers ]]> http://www.proactiveinvestors.com.au/companies/news/183201/ookami-s-shares-sharply-sold-off-enters-leading-morning-fallers-183201.html Ookami Ltd (ASX:OOK) is rating high on the biggest % drops on the ASX in morning trade, with the company losing 21.6% of its value to $0.029.

24 million shares changed hands in the first hour of the session.

The company has been riding a roller-coaster of late, with shares bouncing in a range from $0.015 to $0.038 in just the past week.

Ookami is aiming to acquire intellectual property and add these assets to its portfolio.

The company's subsidiary recently launched the Akela Platform’s Mobile App.

table.tableizer-table { font-size: 12px; border: 1px solid #CCC; font-family: Arial, Helvetica, sans-serif; } .tableizer-table td { padding: 4px; margin: 3px; border: 1px solid #CCC; } .tableizer-table th { background-color: #104E8B; color: #FFF; font-weight: bold; } Company Name Code Last Change Volume Magnum gas & Power Ltd MPE $0.001 -50% 44,661,049 Redbank Copper Ltd RCP $0.001 -50% 30,000 Ookami Ltd OOK $0.029 -21.62% 20,486,908 Lantern Hotel Group Ltd LTN $0.004 -20% 300,000 Digitalx Ltd DCC $0.089 -19.09% 41,439,122 Weebit Nano Ltd WBT $0.015 -16.67% 1,458,402 Cooper Energy Ltd COE $0.295 -15.71% 858,943 Red Sky Energy Ltd ROG $0.006 -14.29% 221,000 Logicamms Ltd LCM $0.300 -14.29% 173,829 Phileo Australia Ltd PHI $10.500 -12.50% 175

 

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Thu, 31 Aug 2017 11:24:00 +1000 http://www.proactiveinvestors.com.au/companies/news/183201/ookami-s-shares-sharply-sold-off-enters-leading-morning-fallers-183201.html