The recent $5.6 million injection of capital into New York-based AlphaPoint came from bridge financing, a short-term business loan, the company confirmed to CoinDesk. But AlphaPoint would not say who made the loan or its terms.
London Block Exchange Placed Into Compulsory Liquidation
The company, known as Dragon Payments since last July, was ordered to be wound up on Jan. 31.
Creditor Takes Crypto Startup London Block Exchange to Court
A law firm has taken the London Block Exchange to court saying it’s owed money, but the startup’s CEO has denied it is going out of business.