Post
Topic
Board Altcoin Discussion
Re: Lykke raises 500k$ through ColoredCoins
by
tempus
on 27/09/2016, 14:21:10 UTC
I'm not sure who said that there is a backing of $15B.

No other coin has such strong venture backing by equivalent of Nasdaq (actually Deutsche Boerse is a bigger company than Nasdaq with 15 billion $ marketcap). But we're more focused on product than marketing, so it might take 3-6 months before major outlets notice.

Do you realize how ridiculous this sounds? Market cap of NASDAQ is close to $7 TRILLION.........

No, Nasdaq is valued at 12B$ - http://finance.yahoo.com/quote/NDAQ?ltr=1

Deutsche Börse ist valued at 13.6B$ - http://finance.yahoo.com/quote/DB1.F/?p=DB1.F

DB is a more valuable company than Nasdaq. DB is an investor into Lykke coins/shares via 360T subsidiary. Its just that many outside Europe often have not heard of the company, where as Nasdaq is more well known.

Ok, I see. I'm not sure if he wanted to say that. I only know the info that founding partners of http://www.360t.com invested in Lykke. And LykkeX is somebody who helps them but he is not Richard Olsen himself or one of the core team. I would count that as misunderstanding for now.