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Ideanomics signs joint venture to create a commodity and energy digital asset exchange

FTB News DeskOctober 9, 20189 min
Ideanomics (formerly: Seven Stars Cloud Group, Inc.) (NASDAQ: SSC) (“Ideanomics” or the “Company”), a leading global fintech and asset digitization services company is please to announce it has entered into a joint venture agreement with TPJ Ltd, to create Ideanomics Resources LTD a U.K. company based in London. The 75% Ideanomics owned joint venture has been created to unlock value in the commodities and energy sectors by leveraging and utilizing the Ideanomics Platform-as-a-Service (PaaS) solutions, a suite...

DMG Blockchain Solutions invests in Digital Asset Custody Solution

GlobeNewswireFebruary 22, 20246 min
DMG Blockchain Solutions Inc., a vertically integrated blockchain and data center technology company, announces it has committed CAD $3.5 million to establish a Calgary, Alberta based independent digital asset custody solution for institutional clients. The capital commitment is part of DMG’s Core+ strategy and its mission to advance broader digital asset adoption by building credibility and trust in cryptocurrency and digital assets for investors. DMG will bring together secure institutional wallet solutions, strong insurance policies,...

Bit Digital, Inc. Announces Second Quarter Financial Results

PRNewswireAugust 23, 2021382 min
Bit Digital, Inc. (Nasdaq: BTBT) (the “Company”), a bitcoin mining company headquartered in New York, today announced its unaudited financial results for the second quarter ended June 30, 2021. Financial Highlights for the Second Quarter 2021 Revenue from bitcoin mining was $28.3 million. The number of bitcoins earned was 562.9. 70.8% of our miner fleet was deployed, in transit to, or awaiting installation in North America at June 30, 2021. We owned 32,500 miners, with 3,515 miners acquired in the second quarter...

Numerous Perks Help Propagate Advanced Digital Payment Systems

PRNewswireMarch 12, 202017 min
The advent of next-generation systems such as e-wallets and payment banks are projected to help accelerate the digital revolution in the payment, financial and banking services. In addition, various non-banking institutions are now focusing on leveraging innovative technology to improve user experience and provide better digital payment options. For example, non-banking institutions such as Amazon.com, Inc. and Alibaba are offering payment solutions and services to their customers. And among the tech trends that were very...

Valour Inc. unveils Ethereum Physical Staking ETP

PRNewswireAugust 22, 20237 min
DeFi Technologies’ subsidiary, Valour Inc., introduces its innovative Ethereum Physical Staking ETP under the EU-wide issuance platform, Valour Digital Securities Limited (VDSL) on XETRA. Tax benefit for investors based in Germany after holding period of one year possible for the first time in ETH. The groundbreaking ETP, with a 1.49% management fee, provides investors with a simplified gateway to Ethereum staking while benefiting from robust security enhancements. Partnership with industry leaders like Copper Markets (Switzerland) AG and Blockdaemon ensures paramount security and a...

WEMIX and Hub71 to grow global blockchain startup ecosystem

PRNewswireJune 1, 20238 min
Partnership to bring WEMIX’s blockchain expertise to Hub71+ Digital Assets specialist ecosystem, and leverages global network of startups and partners Fast-tracks setting up operations for startups in Abu Dhabi as a regional hub Offers dedicated support for MENA GameFi and DeFi startups Leading Korean blockchain developer WEMIX and Hub71, Abu Dhabi’s global tech ecosystem, have signed a memorandum of understanding (MoU) to create and accelerate growth opportunities for their respective portfolio companies and Web3 startups. As part of the...
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