Basis, the most well-funded stablecoin startup, says it couldn’t overcome regulatory hurdles and is returning money to its investors.
Bain, Lightspeed Back First ICO With $133 Million Basis Funding
There are many stablecoins, but only one that has one investor who busted a central bank and another who used to help run one. Also, Google and Bain.
$125 Million Raised in Basecoin SAFT Sale, SEC Filing Shows
Basecoin developer Intangible Labs raised $125 million in a SAFT sale, SEC filings show.