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Tag Archives: OKCoin

OKCoin shut down blockchain-based mutual insurance project

Jan 13, 2017

Red Li

OKCoin announced  the shutdown of Bafang, a blockchain-based mutual insurance project, on 9th January 2017. The project was launched on 15th Aug 2016 with initial funding injection of 10 million RMB from the parent company OKCoin. Bafang boasted to have received 10 million USD...

OKCoin CEO to acquire NEEQ company for ¥7.5 million

Dec 26, 2016

Red Li

On 20th Dec, Huazhenglian (NEEQ:833166) announced that 54.66% shares of the company will be purchased by Star Xu at the cost of 7.5155 million yuan (1.08 million USD). Upon completion of the acquisition, Star Xu will become the dominant shareholder and the actual controller of the Co...