Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement

The U.S. Securities and Exchange Commission (SEC) has taken action against another startup in the crypto space for selling unregistered securities. Tierion, which raised $25 million in a token sale, has agreed to “return money to investors” and disable the trading of its token. SEC Brings Charges Against Tierion Over Its Crypto Offering Texas-based blockchain company Tierion Inc. has settled charges with the SEC for conducting an unregistered security offering when it sold the TNT token. The settlement followed the SEC’s order instituting cease-and-desist proceedings....

Blockchain technology is an exciting field right now, as multiple companies and institutions all over the world are working on projects to harness this innovative protocol. Tierion, a company specializing in collecting data and recording it in the blockchain, recently announced the completion of their first project with the Philips Healthcare group. At the time of publication, not too many details regarding the partnership between Tierion and Philips Healthcare group were made available to the public. According to a tweet sent out by the official Tierion Twitter account, the first joint....

Blockchain data startup Tierion has raised $1m in seed funding from several of the industry’s leading venture capital firms. The round was co-led by San Francisco-based Blockchain Capital and China-based Fenbushi Capital, which raised $50m in 2015 with the intent of investing in blockchain-based startups and projects. Digital Currency Group also participated in the round. The news comes one year after the service launched last September following a winning debut at the Consensus 2015 Makeathon. Tierion allows users to turn data from web and mobile apps into blockchain receipts that are....

Blockchain data verifier Tierion has released a new blockchain “healthcare” report seeking to offer a “balanced perspective” on the possibilities of the technology in the field. Tierion: ‘Separate Hype From Reality’. Tierion, which produced the report a year on from the start its blockchain healthcare project, seeks to highlight its findings as....

The blockchain startup Tierion has raised $1 million in a seed funding round to continue developing its platform which verifies the integrity of a file, data, or business protocol through distributed ledger technology. The investment round was led by Blockchain Capital, Fenbushi Capital, and the Digital Currency Group. Tierion says its software gives developers the tools for building applications tethered to the blockchain. Tierion had made headlines earlier this year when it partnered with Philips Blockchain Lab to innovate medical data with digital ledger consensus. The company....