FRNT Financial Updates Business Amid Improving Conditions, Addresses Revenue Timing
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NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
BitIRA, the pioneers who offered the first fully-insured cold storage digital IRA, have added a self-service signup option. “The world’s most secure digital currency IRA” now offers an on-demand onboarding service for those who are comfortable managing the entire digital IRA process themselves. Jeremy Warner, Head of Sales, has been with BitIRA since its 2017 founding. “Today’s BitIRA customer is quite sophisticated,” he said. “They already understand what a blockchain is. They’re familiar with the...
Zetrix Foundation and MY E.G. Services Berhad (“MYEG”) signed a Memorandum of Understanding (MoU) with MaiCapital, a licensed virtual asset manager in Hong Kong, to collaborate on the launch of a virtual asset fund or Hong Kong virtual assets exchange-traded fund (ETF) products. The MoU focuses on a collaboration to issue a Securities and Futures Commission of Hong Kong (SFC) approved ETF, which would consist of a basket of cryptocurrencies, such as Bitcoin and Zetrix, and potentially other suitable cryptocurrencies. This collaboration follows MYEG-developed...
In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance user experience and financial empowerment. Among these are staking, peer-to-peer (P2P) lending, cryptocurrency swaps, integration with GameFi and non-fungible tokens (NFTs), and the pioneering use of artificial intelligence (AI). A New Era of...
Digital market to provide access to a diverse array of investment opportunities through unified, white-labeled client and advisor portals
Backpack Exchange, a fully regulated global cryptocurrency exchange, announced that it has appointed Oliver Sleafer to serve in the role of Chief Financial Officer for various regulated subsidiaries of Backpack Exchange in the US and the Asia Pacific regions. Mr. Sleafer is a seasoned finance professional, having formerly served as the Head of APAC Liquidity Management at Stripe, responsible for its regional treasury function and safeguarding of user assets. Prior to that, he held various senior management...
Acquisition follows entry into an agreement granting CoinShares an exclusive option to acquire Valkyrie Funds LLC ("Valkyrie") and the Sponsor rights to BRRR, Valkyrie's physically-backed Bitcoin ETF. Valkyrie's regulatory licences are complementary to CoinShares' existing U.S. permissions and contribute to establishing solid foundations for CoinShares to continue executing its U.S. asset management expansion plan. It provides CoinShares with a promising platform to expand its digital assets expertise into the United States and contributes approximately $530 million of new assets under management from $BTF, $WGMI, $BRRR, and $BTFX. CoinShares plans to rebrand Valkyrie as the Company's U.S. asset management platform that will concentrate on creating innovative products that stand out in the market. Valkyrie's product line will eventually be operated under the CoinShares brand to ensure brand consistency and awareness.
The World's Longest Running, Most Influential Crypto & Web3 Event Moves to Hong Kong
New CMO appointment signals Fireblocks' ambitions to ensure the onchain economy is underpinned and secured by non-custodial and decentralized technologies
DeFi Technologies Inc. (the “Company” or “DeFi Technologies“), a crypto native technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce that its subsidiary Valour Inc. (“Valour“), a leading issuer of exchange traded products (“ETPs“) that provide simplified access to digital assets, has launched its physical backed staking ETP for the ICP token The Valour Internet Computer Protocol provides retail and institutional investors with trusted, secure,...