SRM Releases Report on Buy Now, Pay Later Services and Why It Matters for Financial Institutions

MEMPHIS, Tenn.--(BUSINESS WIRE)--SRM (Strategic Resource Management), an independent advisory firm serving financial institutions, manufacturing, retail, and other industries across the U.S. and Europe, today released its most recent report, “Buy Now, Pay Later: What’s Old is New Again in Payment Choices.” Click to download

Buy Now, Pay Later (BNPL) has a far-reaching effect; Allied Market Research forecasts that the global BNPL market will grow at a 45.7% compound annual growth rate (CAGR) through 2030. While it has gained serious traction, much of the BNPL financing volume has been handled by fintech companies. Community banks and credit unions have been hesitant to provide the service, influenced by regulatory uncertainty.

With all factors considered, SRM believes financial institutions must give serious strategic consideration to BNPL – not as a standalone installment credit offering but as a component of a holistic product set. Given the decline in the number of FIs charging nonsufficient funds (NSF) and overdraft fees, BNPL could offer a new source of non-interest income. This new report provides an overview of the existing and projected BNPL landscape, market lessons to date, and the opportunities and threats stemming from action and inaction.

“While the BNPL models are still being shaped, consumers have demonstrated a strong appetite for these services – and who better to offer BNPL than trusted financial institutions?” said Myron Schwarcz, SRM’s Chief Product Officer. “Our report breaks down why adoption is increasing, why financial institutions need to pay attention, and how BNPL can fit into an institution’s holistic banking strategy. The demand is there, and now is the time for financial institutions to step up to the plate.”

About SRM

SRM (Strategic Resource Management) has helped 1,000+ financial institutions add more than $5 billion of value to their bottom line in areas such as payments, digital transformation, core processing, artificial intelligence, cryptocurrency, and overall operating efficiency. SRM – now in its 30 th year in business – has lowered costs, created revenue opportunities, increased productivity, and provided a competitive edge for clients in an environment of constant and accelerating change. Visit for more information and follow us on LinkedIn and Twitter for timely and relevant insights. Contacts

Cristi Murray 650.339.2132 (m)

Maggie Wise 678.781.7229 (o) 404.408.8608 (m)

TRON Founder Justin Sun Attends the Inaugural NFTBERLIN with His Twelve Digital Zodiac Heads Collection

GENEVA--(BUSINESS WIRE)--On May 24, NFTBERLIN tweeted that Justin Sun, the founder of TRON, confirmed attendance at the first NFTBERLIN event virtually and participation in a panel discussion on the future trends of NFT. He will exhibit many of his valuable collections, including the Twelve Digital Zodiac Heads, which are to be presented to the public for the first time.

NFTBERLIN is a community-led unconference and exhibition focusing on the innovative development of NFT. The inaugural event will be held in Berlin, Germany, from May 25 to May 27, where creators, collectors, artists, and other art enthusiasts worldwide will meet to discuss the trends and future of the NFTverse.

The NFTBERLIN event consists of three sessions: an NFT art exhibition, symposium, and Hackathon. Themed on the NFT, the symposium will invite well-known artists, collectors, and platforms in the NFT space both home and abroad to interpret the history, present, and future of NFTs through speeches, dialogues, round table discussions, etc. The NFT art exhibition will be held in Alte Münze, Berlin, from May 25 to 26 and will feature works by renowned and emerging artists from around the world, including the Twelve Digital Zodiac Heads previously bought by Justin Sun at ¥9,832,500. This collection was created based on the traditional Chinese Zodiac signs and minted as NFTs with blockchain technology. It is the only set in existence.

An art collector and an early NFT practitioner, Justin Sun was also invited to this NFTBERLIN event. Sun has acquired many works by world-renowned artists in the past two years, including the Twelve Digital Zodiac Heads, Beeple's Ocean Front, and Fewocious' My Mama's Dream, which will be featured in the NFTBERLIN art exhibition. He has also clinched Picasso's Femme Nue Couchée au Collier (Marie-Thérèse), Andy Warhol's Three Self Portraits, and Alberto Giacometti's The Nose, among other masterpieces, with a combined worth of over ¥1 billion.

NFTBERLIN is Europe's largest offline NFT event initiated by DAOs to date. Aiming to bring together outstanding independent crypto artists to prove that "the whole is greater than the sum of its parts" and promote the development of crypto art further, the event has attracted many institutions and big names from the industry. Contacts

Jessica ZHANG

Flowcarbon Raises $70M to Tokenize Carbon Credits and Build an On-chain Market With a16z crypto as Lead Investor

On-chain Carbon Market Infrastructure Will Help Scale the Voluntary Carbon Market

NEW YORK--(BUSINESS WIRE)-- #blockchain -- Flowcarbon , a pioneering climate technology company working to build market infrastructure in the voluntary carbon market (VCM), today announced it has raised a total of $70M in venture capital funding and sale of its carbon-backed token. The funding round was led by a16z crypto and also includes General Catalyst, Samsung Next, Invesco Private Capital, 166 2 nd , Sam and Ashley Levinson, Kevin Turen, RSE Ventures, and Allegory Labs. Other participants in the token sale include Fifth Wall, Box Group, and the Celo Foundation.

Flowcarbon’s mission is to drive billions of dollars directly to projects that reduce or remove carbon from the atmosphere by creating the first open protocol for tokenizing live, certified carbon credits from projects around the globe. Demand for carbon credits has surged in recent years among corporations that use them to offset carbon emissions, but the ability to scale the volume of credits available has been limited by the VCM’s opaque and fractured market infrastructure. Through Flowcarbon’s protocol, project developers can immediately access a marketplace of buyers interested in their credits by bringing them onto the blockchain. Buyers are then able to purchase live carbon credits directly from project proponents.

“There are powerful economic incentives to destroy and degrade critical natural landscapes around the world, but the voluntary carbon market is a brilliant financial mechanism that creates a counterbalancing incentive to reforest, revitalize and protect nature,” said Dana Gibber, CEO of Flowcarbon. “We have a big vision and the stakes are high. We are thrilled to be partnering with the most thoughtful investors in the world, who bring a combined expertise in web3 and key market categories including manufacturing, technology, entertainment and real estate,” added Gibber.

Flowcarbon has engaged an extensive group of stakeholders from the voluntary carbon market to inform the company’s tokenization protocol design, optimizing for environmental, financial and structural integrity. Flowcarbon’s first carbon-backed token, called the Goddess Nature Token (GNT), is designed to maximize value and utility for buyers. GNT is backed by a bundle of certified credits issued over the last five years from nature-based projects, tracking popular corporate demand criteria and offering widespread exposure to corporate-quality credits. Each token can be retired as an offset, sold, used for borrowing and lending, or redeemed for an underlying real-world credit.

“The carbon market is extremely opaque and we believe demand for offsets is rapidly outpacing the speed at which supply can be increased, especially for nature-based projects,” said Arianna Simpson, General Partner at a16z crypto. “Tokenization is an obvious solution. We've explored the on-chain carbon space extensively and feel confident that Flowcarbon’s team and model are best in breed.”

To date, the company has made significant partnership announcements including its revolutionary collaboration with the Centrifuge protocol, which will unlock the debt markets for carbon project developers, as well as its collaboration with the Layer 1 blockchain Celo, to provide $10 million of GNT to offset Celo’s emissions. Flowcarbon’s GNT token will launch on Celo.

Flowcarbon was co-founded by Dana Gibber, Caroline Klatt, Rebekah Neumann, Adam Neumann, and Ilan Stern, and is run by Gibber (CEO), Klatt (COO) and Phil Fogel (Chief Blockchain Officer). Flowcarbon currently has 35 employees with collective expertise in carbon, sustainability, and blockchain technology. Flowcarbon has offices in New York, Montana and Berlin.

About Flowcarbon Flowcarbon is a pioneering climate technology company that brings carbon credits onto the blockchain. Its mission is to make carbon markets accessible and transparent, enabling billions of dollars to be invested directly into projects that combat climate change. Flowcarbon is committed to driving real impact for people, biodiversity, and the planet.

About a16z crypto a16z crypto backs bold entrepreneurs building the next internet. With more than $3B under management across three funds, the a16z crypto fund invests in web3 companies and protocols from early seed-stage projects to fully-developed networks. Its crypto-native team supports founders and the growth of web3 through its research organization, engineering and security teams, legal and regulatory teams, go-to-market expertise, recruiting services, educational content, and more. Contacts

Media Nicole Shore Head of Communications, Flowcarbon

Peter Sanborn Joins Arbor Ventures as General Partner

SINGAPORE & SAN FRANCISCO--(BUSINESS WIRE)--Arbor Ventures, a global venture capital firm investing at the intersection of financial services and technology, today announced the appointment of Peter Sanborn, a former senior leader at PayPal, as its first General Partner. Peter will join Arbor’s early stage investment team and will also be responsible for leading growth-stage investments for the Arbor B-FLEXION Growth Fund.

“We are delighted to welcome Peter to Arbor Ventures,” said Melissa Guzy, Managing Partner and Founder of Arbor Ventures. “He brings with him a wealth of global experience that is directly aligned with our mission of partnering with innovators to shape a smarter financial future. In addition to complementing the team, Peter will extend Arbor’s capabilities to a multi-stage platform that can flexibly support founders from their earliest days through their growth stages and beyond.”

“I’ve witnessed first-hand the development and transformation of payments, fintech and commerce over the last seventeen years at PayPal and HSBC, but I strongly believe we are still in the early innings of re-architecting traditional financial services on a global scale,” said Peter Sanborn, General Partner, Arbor Ventures. “I am thrilled to join Melissa and the firm, which has an extensive international network, deep sector expertise and long-term approach to support entrepreneurs and businesses building the next generation of financial products and services.”

Peter is based in San Francisco and joins from PayPal where he served for nearly eight years, most recently as Vice President, Head of Corporate Development and Managing Partner of PayPal Ventures. At PayPal, Peter was a founding member of PayPal Ventures and his experience includes investments across the U.S., Asia, Latin America, Europe and Africa in Divvy, Toss, Pine Labs, Acorns, Tala, Paidy, Paxos, Codat and Neon, among other companies. He helped manage the acquisitions of Xoom, Swift Capital, Hyperwallet, Honey, Happy Returns and Curv as well as $100 million in investments into 19 underrepresented venture capital fund managers as part of PayPal’s initiative to promote racial equity. Prior to PayPal, Peter worked in financial services at HSBC in Asia (Hong Kong) and Latin America (Mexico City), focusing on banking, insurance, consumer finance and asset management M&A transactions.

About Arbor Ventures

Founded in 2013, Arbor Ventures is a global investment firm focused on companies that leverage advanced technologies such as artificial intelligence, cloud computing, composable service offerings and blockchain applications to facilitate, broaden or fundamentally change the way financial services are served, consumed, and managed. Arbor uses its global vantage point, extensive network and deep sector knowledge to identify key trends and partner closely with leading entrepreneurs to build transformational companies. Notable investments include Paidy, True Accord, Forter, Nomi Health, Tabby, Fundbox and HiBob.

For more information, click here .


B-FLEXION is a private, entrepreneurial investment firm, partnering with sophisticated capital to meet the shared goal of delivering exceptional value to its clients over the generations, while also contributing positively to society. B-FLEXION oversees growth-oriented operating businesses and a series of investment partnerships, always with an ‘active owner’ philosophy. This approach combines family values, a true entrepreneurial mindset and institutional private equity disciplines. B-FLEXION has significant expertise in forming, investing into, and partnering with asset managers and GPs across sectors including Growth & Venture Capital, Private Equity, Infrastructure, Real Estate, Hedge Funds, Public and Private Credit, Public Securities, and other Alternatives. Contacts

Melissa Guzy, Co-Founder and Managing Partner Email:

Global Non-fungible Token (NFT) Market Report 2022-2030: Growing Demand for Digital Art and Growing Use of Cryptocurrency Globally Drives Market Demand -

DUBLIN--(BUSINESS WIRE)--The "Non-fungible Token Market Size, Share & Trends Analysis Report by Type (Physical Asset, Digital Asset), by Application (Collectibles, Art, Gaming), by End Use, by Region, and Segment Forecasts, 2022-2030" report has been added to's offering.

The global non-fungible token market size is expected to reach USD 211.72 billion by 2030, growing at a CAGR of 33.9% from 2022 to 2030.

The growing demand for digital art worldwide is one of the major factors driving the NFT (non-fungible token) market growth. The growing use of cryptocurrency globally is also anticipated to drive the growth of the market. This is because cryptocurrency is used by people to purchase digital assets.

The funding raised by NFT companies is also one of the major factors favoring the market growth. For instance, in March 2022, Magic Eden, an NFT marketplace, raised USD 27 million in a Series A round. The round was led by Paradigm, including grants from Solana Ventures and Sequoia. The company will use the funding for expanding its services and products.

The COVID-19 pandemic is expected to impact the market positively over the forecast period. The restrictions imposed during the pandemic confined people to homes and limited their sources of income. As a result, NFT-based gaming platforms such as Axie Game have gained increased popularity as they help people earn income amid the COVID-19 pandemic.

Non-fungible Token Market Report Highlights In terms of type, the digital asset segment dominated the market in 2021. The demand for art NFTs is growing as they enable artists to track all work transactions. This tracking of transactions helps artists avail perpetual royalty payback benefits on every transaction of their digital art. In terms of application, the collectibles segment dominated the market in 2021. The growth of the segment can be attributed to the increasing demand for collectibles across arts, sports, and games. In terms of end use, the commercial segment is expected to experience the fastest growth over the forecast period. The demand for NFTs is growing among businesses to enable improved transactions across a range of application areas. The growing use of cryptocurrency across North American countries such as the U.S. and Canada is expected to create new opportunities for market growth across the region.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

2.1 Non-Fungible Token (NFT) Market-Industry Snapshot & Key Buying Criteria, 2018-2030

2.2 Global Non-Fungible Token (NFT) Market, 2018-2030

2.2.3 Global Non-Fungible Token (NFT) Market, by application, 2018-2030

2.2.4 Global Non-Fungible Token (NFT) Market, by end use, 2018-2030

Chapter 3 Non-Fungible Token (NFT) Industry Outlook

3.1 Market Segmentation and Scope

3.2 Market Size and Growth Prospects

3.3 Non-Fungible Token (NFT) Market-Value Chain Analysis

3.4 Non-Fungible Token (NFT) Market-Market Dynamics

3.4.1 Market driver analysis Increasing demand for digital artworks Increasing demand for a decentralized Marketplace

3.4.2 Market challenge analysis Concerns regarding fraud and scams

3.5 Penetration and Growth Prospect Mapping

3.6 Non-Fungible Token (NFT) Market-Porter's Five Forces Analysis

3.7 Non-Fungible Token (NFT) Market-PESTEL Analysis

Chapter 4 Investment Landscape Analysis

4.1 Key Investor Dashboard

4.2 Investment Raised by NFT Companies

4.3 Investment Strategies by Companies

4.4 Investors Vision & Goal Analysis

Chapter 5 FinTech Industry Highlights

5.1 FinTech Ecosystem Overview

5.2 FinTech Services Overview

5.3 Total FinTech Investment, 2018-2021 (USD Billion)

5.4 FinTech Regulatory Outlook

5.5 FinTech Company Analysis-GVR Dashboard (Top 50 companies)

Chapter 6 Non-Fungible Token (NFT) Type Outlook

6.1 Non-Fungible Token (NFT) Market Share by Type, 2021

6.2 Physical Asset

6.3 Digital Asset

Chapter 7 Non-Fungible Token (NFT) Application Outlook

7.1 Non-Fungible Token (NFT) Market Share by Application, 2021

7.2 Collectibles

7.3. Art

7.4 Gaming

7.5 Utilities

7.6 Metaverse

7.7 Sports

7.8 Others

Chapter 8 Non-Fungible Token (NFT) End-Use Outlook

8.1 Non-Fungible Token (NFT) Market Share by End-Use, 2021

8.2 Personal

8.3 Commercial

Chapter 9 Non-Fungible Token (NFT) Regional Outlook

9.1 Non-Fungible Token (NFT) Market Share by Region, 2021

Chapter 10 Competitive Analysis

10.1 Recent Developments & Impact Analysis, by Key Market Participants

10.2 Company Categorization

10.3 Vendor Landscape

10.4 Company Analysis Tools

Chapter 11 Competitive Landscape Yellowheart Cloudflare, Inc. Plby Group, Inc. Dolphin Entertainment, Inc. Funko Inc. Opensea (Ozone Networks, Inc.) Takung Art Co. Ltd. Dapper Labs, Inc. Nifty Gateway (Gemini Trust Company, LLC) Makersplace (Onchain Labs, Inc.)

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Contacts Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

bitbank, inc., a Crypto Asset Exchange Operator, Has Signed a Memorandum of Understanding With Sumitomo Mitsui Trust Holdings, Inc. to Establish a Trust Company Specializing in Digital Assets

TOKYO--(BUSINESS WIRE)--bitbank, inc. (HQ: Tokyo Japan CEO: Noriyuki Hirosue) and Sumitomo Mitsui Trust Holdings, Inc. (HQ: Tokyo Japan, Director, President: Toru Takakura) have signed a memorandum of understanding with the purpose to establish “ Japan Digital Asset Trust Preparatory Company, inc. * 1 “JADAT”” which will be a preparatory company for the purpose of establishing a trust company specializing in digital assets* 2 . In the MOU, both parties agree to study the possibility of SuMi TRUST Holdings to invest in JADAT.

JADAT will get the know-how of digital asset storage management system with Japan's most advanced and highest security level of bitbank and the know-how of trust business of SuMi TRUST Holdings - a specialized trust bank group.

* 1 After the registration by the related authorities based on the Trust Business Act, it is expected to change its business name to Japan Digital Asset Trust, inc.. * 2 Crypto assets, security tokens on public blockchain, stablecoins and NFTs.

About the new company Name: Japan Digital Asset Trust Preparatory Company, inc. CEO: Noriyuki Hirosue Business content: Digital asset custody business Website:

About bitbank, inc. [Introduction] bitbank operates the Japanese crypto asset exchange “bitbank” - which has monthly domestic trade volume of 731.7 billion JPY, domestic trade volume share of 33.7% (as in April 2021) and deposits of clients of more than 300 billion JPY - is rapidly expanding its business scale. In order to expand the domestic crypto asset market, it is necessary that more institutional investors enter the market. With our strengths - crypto asset storage technology, liquidity of spot trades, strong security - we will contribute to the further expansion of the crypto asset market, through digital asset trust business with JADAT.

[Company name] bitbank, inc. [URL] [CEO] Noriyuki Hirosue [Address] 141-0031 7F, KDX Nishigotanda Building, 7-20-9 Nishigotanda, Shinagawa, Tokyo, Japan [Date of establishment] May 7th, 2014 [Initial capital] 8,647.21 million JPY (Incl. capital reserves) [Business description] Crypto asset (cryptocurrency) related services Crypto asset exchange operator, Registration No. 00004, issued by the Director of the Kanto Local Finance Bureau [Memberships] Japan Virtual and Crypto assets Exchange Association (JVCEA) Japan Crypto Asset Business Association (JCBA) Blockchain Collaborative Consortium (BCCC) Contacts

bitbank, inc. Midori Abe +81-50-1751-8600

Kominfo Partners with 10x1000 Tech for Inclusion to Bring “Flex” Fintech Foundation Program to Indonesia

JAKARTA, Indonesia--(BUSINESS WIRE)--The Ministry of Communication and Informatics (“Kominfo”) today announced its partnership with fintech training platform 10x1000 Tech for Inclusion (“10x1000”) to recruit local talents to enroll in 10x1000’s “Flex” Fintech Foundation Program.

This partnership forms part of Kominfo’s Digital Entrepreneurship Academy (“DEA”) program, which aims to prepare and nurture talents to accelerate digital transformation in the field of entrepreneurship and to improve the digital economy, with a target of 60,000 people being trained in 2022.

“The Ministry of Communication and Informatics appreciates the collaboration with 10x1000 to carry out digital entrepreneurship training through the DEA program. The results of the program are expected to improve the quality of Micro, Small and Medium Enterprises (MSMEs) and promote the digital economy in Indonesia,” said Hary Budiarto, Head of HR & Research Agency, Ministry of Communication and Informatics (Kominfo).

With the vision to train 1,000 emerging talents and tech leaders each year for ten years, 10x1000 saw a total of 1,067 learners from 66 countries and regions complete its “Flex” Fintech Foundation Program and Fintech Leadership Program in 2021. Of which, more than 150 learners were from Indonesia, making the country the second largest globally in terms of learner intake.

“We are deeply encouraged by the overwhelming responses from Indonesia last year, and excited to partner with Kominfo to further expand the reach in Indonesia and make 'Flex' available to more local entrepreneurs and professionals to enhance their fintech mindset, knowledge and skills to better allow them to drive digital economic growth,” said Mr. Jason Pau, Program Lead of 10x1000. “Technology pervades nearly every aspect of our lives, and we hope this partnership will help Indonesia bridge its digital skills gap while empowering and improving the lives of local communities. Together with Kominfo and other local partners, we look forward to contributing more to Indonesia’s digital development goals.”

“The Coordinating Ministry of Human Development and Culture also expresses our appreciation to Kominfo for taking the initiative in driving such fintech training collaborations for women entrepreneurs and MSMEs (an initiative of the Ministry) with 10x1000,” said Femmy Eka Kartika Putri, Deputy of Coordination for Quality Improvement of Children, Women and Youth, Coordinating Ministry for Human Development and Culture (Kemenko PMK). “At least 60% of MSMEs in Indonesia are managed by women and contribute at least 61.07% of the country's GDP. With the 'Flex' Fintech Foundation Program by 10x1000 Tech for Inclusion, it will encourage women entrepreneurs to further enhance their businesses through digital technology. The training program is expected to help women entrepreneurs and MSMEs overcome challenges such as limited access to entrepreneurship and understanding of digital technology, as well as difficulties in obtaining access to capital.”

Registration for the “Flex” Fintech Foundation Program is now open through Kominfo’s Digital Entrepreneurship Academy website here . The first batch of training is slated to start on 6 June. Local fintech and banking associations will support the initiative by inviting their members to enroll the program as well, including the Indonesia Fintech Association (AFTECH), Indonesian Joint Funding Fintech Association (AFPI), Indonesian Sharia Fintech Association (AFSI), Indonesian Crowdfunding Service Association (ALUDI), Indonesian Blockchain Association (ABI), Association of Indonesia Shariah Banks (ASBISINDO), Indonesian Sharia Insurance Association (AASI), Association of National Commercial Banks (PERBANAS), and Indonesian E-commerce Association (idEA).

The partnership with Kominfo is the latest effort by 10x1000 to deepen its collaborations with partners worldwide. Globally, 10x1000 has forged partnerships with the IFC, United Nations Economic Commission for Africa, UN World Food Programme, SME Finance Forum Managed by the IFC, Dubai International Financial Centre, MDEC, KPMG and fintech associations from Hong Kong, Singapore, Malaysia, MENA, the Philippines and Thailand to recruit learners and grow the community.

About KOMINFO Ministry of Communication and Informatics is responsible to carrying out government affairs in the field of communication and information technology to assist the President in administering government. Its main task and function to formulate national policies, implementation policies, and technical policies in the field of communication and informatics which include post, telecommunications, broadcasting, information and communication technology, multimedia services and information dissemination. The Ministry of Communications and Informatics is led by a Minister of Communication and Information (Menkominfo) who since October 23, 2019 has been held by Johnny Gerard Plate.

About DEA The Digital Entrepreneurship Academy (DEA) is a program from the Ministry of Communication and Information that aims to prepare digital talent to accelerate Indonesia digital transformation in the field of digital entrepreneurship in order to improve the digital economy, with a target of 60,000 people being trained in 2022. The targets of this program include creating new digital entrepreneurs, upskilling advanced digital entrepreneurs, and developing digital entrepreneurship in inclusive villages. More details of the program please visit .

About 10x1000 Tech for Inclusion 10x1000 Tech for Inclusion is an open and global fintech training platform that enables learners to become drivers of digital economic growth. Its mission is to train 1,000 emerging talents and tech leaders each year for the next ten years. 10x1000 is a philanthropic initiative launched jointly by the International Finance Corporation (IFC), a member of the World Bank Group, and Alipay in 2018. Contacts

Media: Kominfo Onny Rafizan

Ant Group Betty Bai | Emelyne Sng (65) 9183 9108 | (65) 9152 8263 |

3QualiTy Extends Seed Sale And Partners With MoonbaSwap

The Partnership Brings Additional Capabilities – Reaching a Larger Scale of Users and Building Upon New Technology

NEW YORK--(BUSINESS WIRE)--Beginning May 30th, 3QualiTy , a leader in the charitable giving fintech space announced that it will partner with MoonbaSwap , a cross-chain AMM DEX protocol for swapping tokens based on OneLedger and its bridged chains.

This partnership will be 3QualiTy’s launchpad for an extended seed sale, and makes the company the first crypto project to use the MoonbaSwap launchpad. Ultimately, this opens up the 3QualiTy platform to additional users, while also providing them with low transaction fees. The MoonbaSwap launchpad will offer: token investment which allows purchasing and trading of tokens that users store in their connected wallet; wallet integration through Metamask; multi-tiered staking and farming; KYC compliance; and lending and borrowing. An AMA session took place on May 19th, which allowed for an open conversation across platforms.

“MoonbaSwap is excited to announce the first project to go live on its LaunchPad will be 3QT, a New-York based fintech charity platform,” said George Connolly, the president and CEO of OneLedger and MoonbaSwap Technologies. “MoonbaSwap is a Defi protocol and LaunchPad, built on the OneLedger platform, a web3 network protocol with a true multi-chain application environment built from the ground up for cross chain interoperability. Our goal is to host the world’s best projects after careful due diligence and consultation with a formidable cohort of technology and financial specialist that make up our Advisory Committee. 3QT is a quality project with prodigious talent and exemplary global support.”

MoonbaSwap is also the developer of the company’s smart contract for the new 3QualiTy token. The partnership builds upon new technology which has the potential to grow into a very powerful blockchain.

“The success of 3QualiTy is our number one priority and wherever we see the opportunity to build this platform, make it better for the users, and increase our success rate legally in a way that does not affect our users, we will always look to take advantage of these opportunities,” said Nicholas Chandler, 3QualiTy Co-founder & CEO.

About 3QualiTy:

3QualiTy is a fintech company that offers an easy solution to charitable giving. 3QualiTy is a secure interface between charity and decentralized ledger technology. Through its digital token, 3QT, and its philosophy “Every Human is Equal,” charity and cryptocurrency go hand in hand.

About MoonbaSwap:

MoonbaSwap is a cross-chain AMM DEX protocol for swapping tokens based on OneLedger and its bridged chains, this removes ‘trusted’ intermediaries and provides the platform for faster trading. MoonbaSwap can produce a throughput of about 4000 tps, which is a lot faster than what other dexs can offer. Contacts

Andrea Fernandes Transformation PR

BitNile Holdings Reports Q1 2022 Financial Results, Including Revenue of $33 Million, up 148% From the Prior First Fiscal Quarter

LAS VEGAS--(BUSINESS WIRE)-- $AGH #AmosKohn -- BitNile Holdings, Inc. (NYSE American: NILE), a diversified holding company (“ BitNile ” or the “ Company ”) reported its financial results today for the three months ended March 31, 2022 on its Form 10-Q filed with the Securities and Exchange Commission.

Three months ended March 31, 2022 highlights include: Revenue of $32.8 million, an increase of 148%, from $13.2 million in the prior first fiscal quarter; Revenue from cryptocurrency mining, net of $3.5 million, compared to $130,000 in the prior first fiscal quarter; Income from operations of approximately $1.0 million, compared to $1.2 million in the prior first fiscal quarter; Stock-based compensation expense, a non-cash expenditure, related to stock options and stock awards issued to the Company’s employees, consultants and directors, included in income from operations, of approximately $2.7 million and $20,000 for the three months ended March 31, 2022 and 2021, respectively; Interest expense of $29.8 million resulting from the issuance of $66 million of secured promissory notes in December 2021, which were fully paid in March 2022. Interest expense from these notes included the amortization of debt discount of $26.3 million from the issuance of warrants, a non-cash charge, and original issue discount, in connection with these secured promissory notes. Approximately 88% of the warrants issued are standard equity-based instruments with an exercise price of $1.00 per share; Net loss of approximately $28.8 million, compared to net income of $2.0 million in the prior first fiscal quarter; Cash and cash equivalents of $39.4 million as of March 31, 2022; Positive working capital of $55.6 million as of March 31, 2022; and Total assets of $518.9 million as of March 31, 2022.


Revenues by segment for the three months ended March 31, 2022 and 2021 are as follows: For the Three Months Ended March 31, Increase   2022   2021 (Decrease) % Gresham Worldwide, Inc. (“GWW”) $ 7,245,000   $ 6,350,000   $ 895,000     14 % TurnOnGreen, Inc. (“TOGI”)   1,129,000   1,383,000   (254,000 ) -18 % Cryptocurrency               Revenue, cryptocurrency mining, net   3,548,000   130,000   3,418,000   2,629 % Revenue, commercial real estate leases   278,000     172,000     106,000     62 % Real estate   2,698,000   -   2,698,000   —   Ault Alliance, Inc. (“Ault Alliance”):               Revenue, lending and trading activities   17,921,000   5,210,000   12,711,000   244 % Other   7,000     -     7,000     —   Total revenue $ 32,826,000 $ 13,245,000 $ 19,581,000   148 %

Revenues increased by $19.6 million, or 148%, to $32.8 million for the three months ended March 31, 2022, from $13.2 million for the three months ended March 31, 2021.


GWW revenues increased by $0.9 million, or 14%, to $7.2 million for the three months ended March 31, 2022, from $6.4 million for the three months ended March 31, 2021. The increase in revenue from the GWW segment for customized solutions for the military markets reflects higher revenue from Enertec, which largely consists of revenue recognized over time, grew to $3.3 million for the three months ended March 31, 2022, an increase of $0.8 million, or 33.4%, from $2.4 million in the prior-year period.


TOGI revenues for the three months ended March 31, 2022 of $1.1 million declined $0.3 million, or 18%, from $1.4 million for the three months ended March 31, 2021, due to supply chain challenges.


Revenues from BitNile’s cryptocurrency mining operations were $3.5 million for the three months ended March 31, 2022, compared to $0.1 million for three months ended March 31, 2021. BitNile has made a significant investment in mining equipment and increased its cryptocurrency mining activities.

Real Estate

Real estate segment revenues were $2.7 million for the three months ended March 31, 2022 compared to nil for the three months ended March 31, 2021. On December 22, 2021, the real estate segment acquired four hotel properties for $71.3 million, consisting of a 136-room Courtyard by Marriott, a 133-room Hilton Garden Inn and a 122-room Residence Inn by Marriott in Middleton, WI, as well as a 135-room Hilton Garden Inn in Rockford, IL. Other than the cryptocurrency segment Michigan data center, the Company did not have any income-producing real estate prior to the hotel acquisitions.

Ault Alliance

Revenues from lending and trading activities increased to $17.9 million for the three months ended March 31, 2022, from $5.2 million for the three months ended March 31, 2021, which is attributable to a significant allocation of capital from equity financing transactions to Ault Alliance’s loan and investment portfolio. During the three months ended March 31, 2022, Ault Alliance’s wholly owned subsidiary, Digital Power Lending, LLC (“DP Lending”), generated significant income from appreciation of investments in marketable securities as well as shares of common stock underlying convertible notes and warrants issued to DP Lending in certain financing transactions. Under its business model, DP Lending also generates revenue through origination fees charged to borrowers and interest generated from each loan.

Revenues from trading activities during the three months ended March 31, 2022 included significant net gains on equity securities, including unrealized gains and losses from market price changes. These gains and losses have caused, and will continue to cause, significant volatility in the Company’s periodic earnings.

Gross Margins

Gross margins increased to 68.0% for the three months ended March 31, 2022, compared to 61.4% for the three months ended March 31, 2021. Gross margins were impacted by the favorable margins from Ault Alliance’s lending and trading activities.

Operating Expenses

Operating expenses increased to $21.3 million for the three months ended March 31, 2022, representing an increase of $14.4 million, compared to $6.9 million for the three months ended March 31, 2021.

The increase in operating expenses from the three months ended March 31, 2021 is attributable to the following: Research and development expenses increased by $0.1 million for the three months ended March 31, 2022, from $0.6 million for the three months ended March 31, 2021. The increase in research and development expenses is due to product development efforts at GWW; Selling and marketing expenses were $6.5 million for the three months ended March 31, 2022, compared to $1.2 million for the three months ended March 31, 2021, an increase of $5.2 million, or 422%. The increase was the result of $5.0 million higher marketing costs at Ault Alliance, including $3.5 million related to an advertising sponsorship agreement as well as increases in sales and marketing personnel and consultants. The increase is also attributable to a $0.2 million increase in costs incurred at TOGI to grow its selling and marketing infrastructure related to its EV charger products; General and administrative expenses were $13.7 million for the three months ended March 31, 2022, compared to $5.1 million for the three months ended March 31, 2021, an increase of $8.6 million, or 169%. General and administrative expenses increased from the comparative prior period, mainly due to: non-cash stock compensation costs of $2.6 million; general and administrative costs of $1.8 million from the Company’s hotel operations, which were acquired in December 2021; increased costs of $0.9 million related to the Michigan data center, operated by Alliance Cloud Services, a wholly-owned subsidiary; and higher legal expense of $1.3 million, salaries of $0.5 million and audit fees of $0.3 million.

The Company’s Chief Financial Officer, Kenneth S. Cragun, said, “During the first quarter, we achieved significant revenue growth with revenue of $33 million, about 2.5 times greater than the $13 million reported in the prior year quarter. Cash provided by operating activities was $25 million in the first quarter of 2022. We were able to pay off $66 million in senior secured notes and invested $35 million in property and equipment, primarily Bitcoin mining equipment. We expect our investments in our cryptocurrency mining operations will contribute to both revenue growth and improved profitability in future periods.”

Milton “Todd” Ault, III, the Company’s Executive Chairman, stated, “We are encouraged by the Company’s first quarter results, which represent a strong start to the year and a significant step toward our goal to grow revenue to more than $155 million in 2022, which would nearly triple our top-line results from 2021. We ended the quarter with a strong balance sheet, reporting $56 million in working capital and $519 million in assets. With key investments in Bitcoin mining, data center operations, defense, electric vehicle chargers, power electronic businesses, hotels, and a lending and investment platform, we continue to believe the future for our holding company is bright.”

Company to Hold Financial Results Conference Call and Webcast

On Monday, May 23, 2022 at 3:30 p.m. Pacific time, the Company’s Executive Chairman, Milton “Todd” Ault, III and its Chief Executive Officer, William Horne will be hosting a conference call and webcast to discuss the financial performance and outlook of the Company and its subsidiaries. Joining Mr. Ault and Mr. Horne will be Kenneth Cragun, the Company’s Chief Financial Officer. The Company encourages all stockholders to attend this conference call, if possible.

Stockholders, investors and interested parties who desire to participate in the webcast must use the following link to register prior to 3:30 p.m. Pacific time on May 23, 2022:

Registration link -

For more information on BitNile and its subsidiaries, BitNile recommends that stockholders, investors, and any other interested parties read BitNile’s public filings and press releases available under the Investor Relations section at or available at .

About BitNile Holdings, Inc.

BitNile Holdings, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, BitNile owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including defense/aerospace, industrial, automotive, telecommunications, medical/biopharma and textiles. In addition, BitNile extends credit to select entrepreneurial businesses through a licensed lending subsidiary. BitNile’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; .

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at and on the Company’s website at . Contacts

BitNile Holdings Investor Contact: or 1-888-753-2235

OLB Group to Present at H.C. Wainwright Global Investment Conference

NEW YORK--(BUSINESS WIRE)--OLB Group, Inc. (NASDAQ: OLB), a diversified Fintech eCommerce merchant services provider and cryptocurrency mining enterprise, announced today that its management team will be presenting at the H.C. Wainwright Global Investment Conference. The conference is being held as a hybrid (in-person and virtual) conference on May 23-26, 2022 at the Fontainebleau Miami Beach Hotel. Ronny Yakov Chairman & CEO of OLB Group (NASDAQ: OLB), will be providing an overview of the Company's e-commerce merchant services and crypto mining businesses.

Event: H.C. Wainwright Global Investment Conference Wednesday, May 25, 2022 Available at 11:00 AM   The OLB Group, Inc. Company Presentation Cryptocurrency, Blockchain & Fintech

Presentation Date & Time: Wednesday, May 25 th 11:00 to 11:30 a.m. ET


A replay of the presentation will be available for 90 days at the link above or by visiting

In addition, management will be available for one-on-one meetings during the conference. Registered investors will be able to request a meeting with management via the conference portal.

Future OLB Press Releases and Updates

Interested investors or shareholders can be notified of future Press releases and Industry Updates by e-mailing:

About H.C. Wainwright & Co.

H.C. Wainwright is a full‐service investment bank dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. H.C. Wainwright & Co. also provides research and sales and trading services to institutional investors. According to Sagient Research Systems, H.C. Wainwright’s team is ranked as the #1 Placement Agent in terms of aggregate CMPO (confidentially marketed public offering), RD (registered direct offering) and PIPE (private investment in public equity) executed cumulatively since 1998.

For more information visit H.C. Wainwright & Co. on the web at

Future OLB Press Releases and Updates

Interested investors or shareholders can be notified of future Press releases and Industry Updates by e-mailing:

About The OLB Group, Inc.

The OLB Group, Inc. is a diversified Fintech eCommerce merchant services provider and Bitcoin crypto mining enterprise. The Company's eCommerce platform delivers cloud-based merchant services for a comprehensive digital commerce solution to over 10,500 merchants in all 50 states. DMint, a wholly owned subsidiary of OLB Group, is engaged in the mining of Bitcoin utilizing sustainable natural gas with an initial deployment of efficient 1,000 ASIC-based S19j Pro 96T mining computers projected by end of 2022.

For more information about The OLB Group, please visit and

Safe Harbor Statement

All statements from The OLB Group, Inc. in this news release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements concerning the impact of COVID-19 on our operations and financial condition, our ability to implement our proprietary merchant boarding and CRM system and to roll out our Omni Commerce and SecurePay applications, including payment methods, to our current merchants and the integration of our secure payment gateway with our crowdfunding platform, our ability to successfully launch a cryptocurrency mining operation and our ability to earn revenue from the new operations. While the Company’s management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of our control, that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include statements regarding the expected revenue and income for operations to be generated by The OLB Group, Inc. For other factors that may cause our actual results to differ from those that are expected, see the information under the caption "Risk Factors" in the Company’s most recent Form 10-K and 10-Q filings, and amendments thereto, as well as other public filings with the SEC since such date. The Company operates in a rapidly changing and competitive environment, and new risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. The Company disclaims any intention to, and undertakes no obligation to, update or revise any forward-looking statement. Contacts

OLB Group Investor Relations Rick Lutz (212) 278-0900 Ext. 333

TRON, One of the World's Largest DAO, Leads Stablecoin Decentralization and Launched USDD

NEW YORK--(BUSINESS WIRE)--As one of the largest DAO in the world, TRON, the network home to the most-used TRC20-USDT (over 12 million users), has recently announced a high-profile launch of the decentralized algorithmic stablecoin USDD.

This move marks a self-imposed revolution or correction for the crypto industry. As the most critical entry point to the industry and a bridge linking the virtual world and reality, stablecoins, in a centralized system, are not fit candidates to fulfill blockchain's ultimate mission of decentralization.

Now, here comes the million-dollar question. What drives TRON, the stablecoin leader with the most robust user base, to venture into decentralized stablecoins? And what can we expect from the newly-issued USDD?

One can find some clues in Justin Sun's two open letters to the community on April 21. Ahead of launching USDD, Justin Sun announced the establishment of the TRON DAO Reserve. By definition, this is a DAO system organized in a decentralized manner. Led by TRON, the decentralized reserve of the blockchain industry takes custody of the initial financial reserve assets raised from the TRON network and other initiators from the blockchain space.

This is a constructive idea. A decentralized reserve in the blockchain industry releases sufficient liquidity in the face of extreme market volatility to stabilize the market, mitigate panic, and effectively protect the interest of crypto users. This is an essential move and a key landmark, pushing the crypto market towards a more established phase as a more stable and reliable market will attract more new users.

More importantly, the TRON DAO Reserve, with its planned $10 billion reserve assets, will offer strong support for USDD, making USDD the first of its kind to be backed by such a powerful reserve. All algorithmic stablecoins focus on circumventing centralized policies, but USDD has a unique advantage because of the strong backing from the TRON DAO Reserve. It offers a strong incentive for users to choose USDD over other options when the stablecoin space becomes increasingly competitive as players continue to flood in.

Collateral-free algorithmic stablecoins such as ESD and BASIS have more or less been through extreme volatilities, and MIM has once even lost its peg. Therefore, how to boost users' trust and confidence becomes a critical question that every new algorithmic stablecoin project must answer.

USDD is different. For one thing, the stability of USDD is backed by its peg to TRX, which absorbs short-term volatility; for another, the highly liquid billion-dollar reserve assets from the TRON DAO Reserve will swiftly stabilize the price of USDD against extreme industry-wide volatility.

Apart from the dual insurance mechanism that ensures stability, USDD also offers attractive incentives. Upon its launch, the TRON DAO Reserve has set the risk-free interest rate of USDD to as high as 30%, again showing the generosity of Justin Sun. In fact, looking back on TRC20-USDT's journey to being the most popular stablecoin as a latecomer, one will easily find that it is everything related to its early incentive program that directly rewarded its holders. With a precedent as successful as TRC20-USDT, the supply and liquidity of USDD are promising.

However, what makes USDD so highly anticipated is not only the attributes that have prepared it for the market. With the help of the cross-chain protocol BitTorrent Chain (BTTC), USDD will circulate easily on BSC and Ethereum upon its issuance. This has given USDD a unique edge in chain-agnostic deployment. As BTTC grows, USDD will integrate with more major public chains, affording their users greater convenience and more efficient use of funds. This will power USDD to gain a strong foothold in stablecoins as more blockchains are entering the race to snatch a share.

Career-wise, Justin Sun pursues financial inclusion worldwide; personal growth-wise, he aspires to explore space. Like its creator, USDD is born to be revolutionary and ahead of time.

Now, TRON-USDT serves its role as a fast, affordable stablecoin of a large scale. However, centralized coins as leading actors are against what blockchain stands for and are adverse to its progress. Maybe we've been looking forward to the Stablecoin 3.0 era for so long that when TRON-USDD arises, everything seems to have fallen into place. After all, TRON has grown into the world's largest DAO in the past years, with a transfer system so powerful that its peers can only look up to. That's why TRON is proud to pioneer the decentralization of stablecoins! Contacts

Angela An Website: Twitter: @trondao Discord:

Monthly Budgeting Gives Hope to Americans Struggling Amid Inflation, Ramsey Solutions Study Finds

NASHVILLE, Tenn.--(BUSINESS WIRE)--Rising inflation is impacting nearly every American in the early start of 2022. But according to Ramsey Solutions’ Q1 State of Personal Finance study , 85% of those who use a monthly budget believe it helped control their impulse spending. The study reveals 8 in 10 Americans are struggling with their day-to-day finances due to rising costs.

There is no doubt Americans are stressed about costs going up. Most people, 60%, reveal the current economic situation makes them anxious about how they will pay for items they need. However, Americans are adjusting to overcome spending more on groceries. Four in 5 are changing how they shop to save more money.

“Now more than ever is the time to start budgeting,” says George Kamel, Ramsey Personality and personal finance expert. “I recommend a zero-based budget. That’s when your income minus your expenses equals zero. By giving every dollar a job, you’ll gain control and confidence with your money.”

The study also finds debt is amplifying the effects of inflation. Those with consumer debt (40%) were nearly twice as likely to say inflation had a significant impact on their daily finances compared to those who are debt-free (23%). Regarding student debt, most borrowers (77%) are hopeful at least a portion of their loans will be forgiven. The government paused federal student loan payments at the start of the COVID-19 pandemic. The moratorium has been extended through August 2022.

Other key findings: Seventy-nine percent of buy now, pay later (BNPL) users prefer the service over using a credit card. Among those who use BNPL, 60% have trouble managing their payments. Americans are making small changes to their summer transportation plans: 48% of people are making fewer trips to adjust for inflated gas prices, followed by 19% who cancelled a trip to save gas. The majority (60%) say they feel guilty about making an impulse purchase. 53% regret the purchase altogether. One in 4 investors say they purchased cryptocurrency—up two percentage points from the previous quarter. Millennials lead the pack in crypto interest at 40% Half are considering changing jobs, while 1 in 4 changed jobs in the past year.

About the Study

The State of Personal Finance study is a quarterly research study conducted by Ramsey Solutions with 1,001 U.S. adults to gain an understanding of the personal finance behaviors and attitudes of Americans. The nationally representative sample was fielded from March 28 to April 5, 2022, using a third-party research panel.

About Ramsey Solutions

Ramsey Solutions exists for those outside its walls, empowering people in the areas of money, business, leadership, career, and mental wellness. Through its multimedia platforms, Ramsey shares life-changing content with millions every day. Ramsey’s products and world-class speakers and authors bring hope to people in every stage of life. The 1,100 Ramsey team members are committed to applying biblically based principles to work that matters. For more information, visit . Contacts

Media Contact: Sara Small 615.983.4765

Inveniam Capital Partners and Rialto Markets Announce Partnership to Further Accelerate Adoption of Middle Market Corporate Capital Raises and Trading of Private Market Securities

MIAMI--(BUSINESS WIRE)--Inveniam Capital Partners (Inveniam), and Rialto Markets (Rialto) announced today that Inveniam has made a capital investment in Rialto Markets and will support the burgeoning market with connectivity into its private market data eco-system. Inveniam via, is the operating system for private market data that drives price discovery and automated waterfall calculations. Rialto Markets’ fully functional alternative trading system (ATS) is unlocking secondary trading in the private securities market for retail and accredited investors.

Shari Noonan, Rialto Markets CEO, who is leading this effort, offered, “Trading shares used to be restricted to certain companies that could afford to publicly list on a platform such as the New York Stock Exchange or Nasdaq, but a regulated secondary market for private company shares opens up trading and liquidity, and ultimately, price discovery.”

The partnership arrives at a critical juncture for private market companies as in the 10 plus years prior to 2019, capital flowing into capital assets grew at 4 times the pace of public markets. After a down year in 2020, 2021 saw U.S. private markets establish a new highwater mark for fundraising and as a result, more companies are staying private longer or bypassing going public. Additionally, in 2022, the U.S. Securities and Exchange Commission laid out a number of proposals including requirements for registered private funds advisors to distribute quarterly statements to private fund investors with a detailed accounting of all fees and expenses during the reporting period. Also in 2021, the Depository Trust & Clearing Corporation, announced its Digital Securities Management initiative, a platform that will, subject to regulatory approval, “for the first time, provide an industry-wide solution that offers common market infrastructure and standards across private markets.”

Concurrently, JP Morgan has embarked on “Project Bloom,” a platform intended to match start-ups with accredited investors. BlackRock, the world’s largest asset manager, is now advising its clients to consider moving away from the traditional 60/40 portfolio in favor of a 50/30/20 portfolio with 20% going into alternative, private market assets.

Pat O’Meara, founder and CEO of Inveniam, commented on the partnership, “In order for there to be more fluid trading of private market securities, an entire ecosystem must be established. As such, today’s agreement with Rialto and Inveniam is an incredible advancement towards building that fully functioning ecosystem. This is great news for middle market companies in search capital and price discovery and is reminiscent of the development of the ECN markets in the ‘90s.”

The integration of Rialto into the Inveniam ecosystem will result in Rialto incorporating various components of digital securities data and real-time market data thereby delivering transparency and trust for market participants. Further, having diverse data flow via Ownera, and the industry’s FinP2P open-source routing and settlement protocol that interconnects the private markets seamlessly in a user friendly platform, will give the GPs direct access to better data systems, secondary markets for the exchange of alternative assets, and new novel forms of primary distribution will transform the role of fund administrators. Ownera interconnects asset sources and financial institutions to enable the trade of any digital security, from any source and tokenization platform, using any underlying technology.

Tokeny, an enterprise-grade infrastructure provider that allows companies and financial actors to compliantly issue, transfer, and manage assets on blockchain, enabling them to improve asset liquidity, is also a part of the ecosystem. Tokeny’s involvment will allow not only auditable forms of compliance from the security to the investor, but it will also allow real-time surveillance of the underlying assets utilizing

For further context on this agreement and the formation of this private market trading ecosystem, please visit Pat O’Meara’s Medium post .

For parties interested in how they can leverage Rialito and Inveniam for the capital formation and price discovery objectives, please contact:

About Rialto Markets

Rialto Markets is a trusted ‘go to’ fully regulated broker dealer empowering companies to raise money through our unrivalled expertise in crowdfunding and institutional investment. We operate a fully compliant secondary market trading platform for buying and selling shares in private companies. Rialto Markets is a SEC and FINRA Regulated Broker Dealer (Rialto Primary) operating an Alternative Trading System (Rialto Secondary) for private securities including those issued as a Digital Asset Security. For more information go to:

About Inveniam

Inveniam is a fintech company, headquartered in Miami, Florida, with offices in New York City and Detroit, MI. Founded in 2017, Inveniam has built, a powerful technology platform that utilizes big data, AI, and blockchain technology to provide not only surety of data, but high-functioning use of that data in a distributed data ecosystem. Through Inveniam's platform, users can obtain real-time pricing of private, infrequently traded assets, accelerate diligence, accurately price assets, and identify buyers for those assets. Inveniam’s platform credentials data to commute trust throughout the global financial system. Inveniam holds numerous patents pertaining to the ingestion of data into smart contracts. For more information go to:

About Tokeny Solutions

Tokeny provides an enterprise-grade infrastructure to allow companies and financial actors to compliantly issue, transfer, and manage assets on blockchain, enabling them to improve asset liquidity. Tokeny is a Blockchain 50 company recognized by CB Insights. They are backed by Euronext Group, Inveniam, Apex Group, and K20 Funds. To date, over $28 billion worth of assets have been tokenized using their solution. For more information go to:

About Ownera

Ownera is an institutional-grade digital securities routing and settlement network. Ownera interconnects asset sources and financial institutions to enable the trade of any digital security, from any source and tokenization platform, using any underlying technology. Ownera offers financial institution a unified wallet API that allows them to give their clients access to any of the digital securities. The Ownera technology aggregates and normalizes all the digital securities from all the sources, including onchain and offchain data, transactions and regulatory flows. Ownera is operating in the private market space, supporting tokenized real estate, funds, bonds and private company shares. The Ownera unified wallet API supports primary issuances, secondary trading and borrowing and lending. More details on: Contacts

Media Inquiries: Carly Cao 3Points Communications

Global Web 3.0 Blockchain Market Competition Forecast and Opportunities to 2027 - Growing Popularity of Digital Assets, Cryptocurrency and Rollout of 5G and 6G Technologies is Creating High Demand -

DUBLIN--(BUSINESS WIRE)--The "Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027" report has been added to's offering.

The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the decentralized web, is the third internet generation that utilizes decentralized ledger technology (DLT), machine learning (ML), and Big Data.

Web 3.0 blockchain provides users an enhanced browsing experience and enables them to analyze data more efficiently. Web 3.0 is more user-friendly and interactive than previous versions. Leading government authorities are launching digital transformation initiatives to provide a regulatory framework for supporting the growth of the Web 3.0 blockchain.

Rising concerns related to data security and increasing investments from companies to expand the applications of web 3.0 blockchain are expected to drive the global web 3.0 market growth. Rapid urbanization, globalization, and digitalization are enabling users to utilize advanced technologies and lead a quality life. Blockchain technology offers system human-like intelligence and provides enhanced data connectivity. Hence, organizations are adopting web 3.0 blockchain to improve data security and privacy, which is expected to boost the global web 3.0 blockchain market.

The rapid popularity of digital assets and cryptocurrencies and the rollout of 5G and 6G technologies are also creating a demand for web 3.0 blockchain technology. Furthermore, the growing adoption of connected devices and shifting dependency of transactions and permissions away from a central authority are driving the growth of the global web 3.0 blockchain market.

The global web 3.0 blockchain market is segmented based on blockchain type, application, vertical, organization size, company, and regional distribution. Based on the blockchain type, the market is divided into public, private, consortium, and hybrid. Public blockchain technology is anticipated to dominate the global web 3.0 blockchain market due to its increased demand over counterparts as they require no regulations and are highly secure. Based on the organization size, the market is divided into small and medium-sized enterprises and large enterprises.

The large enterprise segment is expected to hold the largest share in the global web 3.0 blockchain market as they are making high-end investments for technological up-gradation to stay ahead in the market.

Major players operating in the global web 3.0 market are Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, etc.

Years Considered for This Report: Historical Years: 2017-2020 Base Year: 2021 Estimated Year: 2022E Forecast Period: 2023F-2027F

Objective of the Study: To analyze the historical growth in the market size of global web 30 blockchain market from 2017 to 2021 To estimate and forecast the market size of global web 30 blockchain market from 2022E to 2027F and growth rate until 2027F To classify and forecast global web 30 blockchain market based on blockchain type, application, vertical, organization size, region, and competitive Landscape To identify dominant region or segment in the global web 30 blockchain market To identify drivers and challenges for global web 30 blockchain market To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in global web 30 blockchain market To identify and analyze the profile of leading players operating in global web 30 blockchain market To identify key sustainable strategies adopted by market players in global web 30 blockchain market

Report Scope:

In the report, global web 3.0 blockchain market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Web 3.0 Blockchain Market, By Blockchain Type: Public Private Consortium Hybrid

Web 3.0 Blockchain Market, By Application: Cryptocurrency Conversational AI Data & Transaction Storage Payments Smart Contract Others

Web 3.0 Blockchain Market, By Vertical: BFSI E-commerce & Retail Media & Entertainment Healthcare & Pharmaceuticals IT & Telecom Others

Web 3.0 Blockchain Market, By Organization Size: Small and Medium-Sized Enterprises Large Enterprises

Web 3.0 Blockchain Market, By Region: North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Singapore Malaysia Europe Germany United Kingdom France Italy Spain Poland Denmark South America Brazil Argentina Colombia Peru Chile Middle East & Africa Saudi Arabia South Africa UAE Iraq Turkey

Companies Mentioned Polkadot (Web3 Foundation) Helium Systems Inc. Ocean Protocol Foundation Ltd. Decentraland Flux Filecoin Kadena Zcash

For more information about this report visit

About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Contacts Laura Wood, Senior Press Manager For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

SingularityNET and SingularityDAO Sign a $25 Million Capital Commitment With LDA Capital Limited.

ROAD TOWN, British Virgin Islands--(BUSINESS WIRE)-- SingularityNET and SingularityDAO secured a $25 million commitment with Global investment group LDA Capital Limited , to accelerate product roadmap, adoption of AI tools and scaling the ecosystem while supporting the growth of decentralized AI in general and its use in decentralized finance.

“LDA Capital are excited by the advancements in both AI and DeFi shown by the SNET ecosystem and along with the commitment, LDA will be providing strategic advice and support to allow SingularityNET and SingularityDAO to continue to grow their position as industry leaders.” - Anthony Romano, Managing Partner, LDA Capital Ltd

The global artificial intelligence (AI) software market is forecast to grow rapidly in the coming years and is expected to reach around 126 billion US dollars by 2025 , while the DeFi market currently stands at 174 billion US dollars , with no signs of slowing down. While AI is already heavily intertwined within traditional tech and finance, the SNET Ecosystem is at the forefront in bringing AI to blockchain and DeFi. Bringing artificial intelligence and machine learning to crypto presents a considerable opportunity to improve the quality and relevance of DeFi services . The recent performance of SingularityDAO’s Vaults (DynaSets) have, moreover, consistently shown to be the perfect tool to protect against bear markets and further prove the validity of the technology being built.

“SingularityNET and SingularityDAO believe the agreement with LDA Capital will benefit both companies and help them consolidate their leadership in Decentralized AI and Decentralized Finance. The support of pioneering institutional partners such as LDA brings further validation to our vision, strategy and technology.” - Mario Casiraghi, Co-Founder, SingularityDAO & SingularityNET



SingularityNET is a full-stack AI solution powered by a decentralized protocol and the first and only decentralized platform allowing AIs to cooperate and coordinate at scale, removing one of the major limiting factors to AI growth today — the lack of interoperability — which severely restricts the ability to leverage the strengths and capabilities of individual AIs.


As a spin-off project of SingularityNET, launched in 2021, SingularityDAO is a community governed DeFi Protocol that provides users with advanced cryptocurrency portfolio management tools powered by cutting edge artificial intelligence. They are dedicated to building the future of decentralized finance and delivering these high level tools in an easy to use fashion.

LDA Capital ltd.

LDA Capital is a global alternative investment group with expertise in cross border transactions worldwide. Our team has dedicated their careers to international & cross border opportunities having collectively executed over 250 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$10 billion. For more information please visit: ; For inquiries please email: . Contacts

Maxine Glogau

B2Broker Announced Annual Payments for B2Core, MarksMan, and B2Trader Products

LIMASSOL, Cyprus--(BUSINESS WIRE)-- B2Broker is excited to announce that it now offers an annual payment option for the three core products: MarksMan, B2Core, and B2Trader. With the introduction of this new plan, customers will be provided with a discount and a simpler approach to planning their budget. This change will allow the company to streamline its finances and improve cash flow. The annual plan is already applicable to all three products. MarksMan

Whether you're a seasoned pro or just getting started in the world of digital assets, MarksMan is the perfect solution. With support for spot and perpetual futures liquidity, along with easy access to liquidity pools on major crypto exchanges, MarksMan has everything you need. There's no better time to test it out than now, with the basic package being just $5,000 per year (a $1,000 saving) and the advanced package being just $15,000 per year (a $3,000 saving). An enterprise package will be accessible shortly if you want a more powerful alternative. Aggregation, hedging, symbol mapping, synthetic instruments, risk parameters, and several other functions are available in MarksMan. So, why not go over to MarksMan right now and learn more about it? You won't be disappointed. B2Core

B2Core is a cutting-edge business management solution that offers brokers and exchanges an easy way to manage customers, admins, and IB partners. With its new yearly payment plan, B2Core has never been more affordable. The basic package is available for just $6,000 per year, while the advanced package costs $15,000 per year. These prices represent major savings compared to previous pricing plans ($1200 savings for basic and $3000 for advanced). And if you're looking for something bigger than the advanced plan, we are currently compiling a one-year enterprise package. Stay tuned for the announcement. Contact us today to discover how B2Core can help you expand your company. B2Trader

Are you searching for a matching engine that is dependable, effective, and swift for your digital exchange? Look no further than B2Trader . The core engine is designed to match up bids and offers quickly and smoothly, so you can execute trades with confidence. Plus, the new pricing structure means big savings for you. The basic package is now just $15,000 per year, which represents savings of $3,000. And the advanced package is just $25,000, which represents savings of $5,000. An enterprise package is in the works and will be available shortly, as well. B2Trader is the most trustworthy, efficient, and powerful engine for any exchange. Why delay any longer? Begin using B2Trader right now! In Conclusion

The B2Broker team is excited to offer an annual payment plan for its clients! They believe that this change will prove advantageous for both its customers and the firm. B2Broker tries to deliver the best that is available in the market, and it wants its products to be as attainable as possible. So take advantage of the new annual prices today! Contacts

Georgiou Kaningos Phone: tel:+442080688636 Email:

medZERO Continues to Sign up Innovative Companies Wanting to Offer Expanded Benefits to Attract and Retain Employees in Competitive Market

PORTLAND, Ore.--(BUSINESS WIRE)-- #healthcare --In the race to retain employees in a competitive market, medZERO’s innovative app-based healthcare funding solution is an increasingly attractive add-on benefit for employers.

“In this competitive job market, we want to do everything we can to attract and retain the best employees,” said Candace Atnip, Chief People Officer for Bamboo Sushi. “medZERO’s easy-to-use app offering on demand, interest free access to funds for out of pocket healthcare expenses is something we think our employees will use to proactively make taking care of their health needs more affordable.”

medZERO, a healthcare focused fintech company, is offering an employer sponsored solution to the growing problem of unaffordable health care and increasing medical debt. U.S. households currently have $195 billion in outstanding medical debt, according to the Kaiser Family Foundation and Peterson Center on Health.

It’s a valuable add-on benefit, especially in a competitive hiring market. medZERO offers a zero interest, zero fee loan that is automatically repaid over 12 months via payroll deduction that employees can use like a credit card for instant payment at the doctor, dentist, pharmacy or even for existing bills. This helps take the worry about looming or unexpected medical bills off the minds of employees, something nearly 60 percent of the public lists as a top concern, according to the Kaiser Family Foundation’s newest research.

Portland-based Bamboo Sushi operates ten locations in Portland, Seattle, the Bay Area and Denver and is built around the idea of doing things differently and having real impact, said Atnip. Consistently lauded for their sustainability and innovation, the partnership with medZERO fits into their core values.

Other companies recently signed on include Neuterra Capital, a venture capital firm and Solera National Bank, as well as several other regional and national healthcare companies.

According to new data from the U.S. Chamber of Commerce, over half of small businesses say they are concerned about recruiting enough new employees to fill open positions and 57 percent are concerned about employee retention.

“Recent events led millions of Americans to quit their jobs and seek employment with companies that value them, offering solutions such as ours shows employees how important they are to their organizations by prioritizing their mental and physical health and wellness,” said Craig Froude, medZERO Co-Founder and CEO.

“With our iPhone, Android or desktop app, medZERO offers interest free financing enabling employees to get care now and pay over time ensuring any medically related out of pocket costs can be covered leading to happier, healthier and more productive employees,” Froude said.

“Additionally, employees can instantly save up to 30 percent on out-of-pocket healthcare expenses,” Froude said. This is because medZERO is able to route repayments through the employee’s Health Savings Account, capitalizing on tax advantages for both employers and employees.

About 60 percent of employers offer HSA’s according to a new study by the Society for Human Resource Management.

Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, the company launched its app in November 2021 and has been hiring and expanding its customer base.

Earlier this year LG Electronics selected medZERO as one of its “First 50” startups for its large-scale Mission for the Future competition targeting new developments within the areas of Connected Health, Energizing Mobility, Smart Lifestyle, The Metaverse and Innovation for Impact .

About medZERO

medZERO, based in Portland, Ore., is an employer-sponsored financial wellness platform that provides employees a smarter solution to pay for healthcare. medZERO is led by an experienced executive team and backed by industry leading investors. Learn more at

About Bamboo Sushi

Bamboo Sushi, based in Portland, Ore. is a Sustainable Restaurant Group with ten locations in Oregon, Colorado, California and Washington. Contacts

Traci Williams 503-747-9261

Cathedra Bitcoin Announces Equity Compensation Grants

TORONTO--(BUSINESS WIRE)-- $CBIT #Bitcoin --Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“ Cathedra ” or the “ Company ”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, announces that it has granted to employees of the Company 300,000 restricted share units (the “ RSUs ”), and 88,841 options to acquire common shares of the Company (the “ Options ”) under the Company’s long term incentive plan (the “ LTIP ”). The Options have an exercise price of C$0.35 per share, being the price of the Company’s shares at the close of trading on May 17 th , 2022. The Options and RSUs are subject to vesting conditions.

Cancellation of Restricted Share Units

The Company also announces that it has agreed with certain directors and officers of the Company to cancel an aggregate of 300,000 restricted share units previously held by such directors and officers. Under the LTIP, the Company may grant up to an aggregate of 8,000,000 RSUs.

About Cathedra Bitcoin

Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) is a Bitcoin company that develops and operates world-class bitcoin mining infrastructure.

Cathedra believes sound money and abundant energy are the fundamental ingredients to human progress and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. Today, Cathedra owns 187 PH/s across various sites around the United States and expects to deploy an additional 538 PH/s in 2022. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 725 PH/s. The Company is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

For more information about Cathedra, visit or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin .

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, are forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions and future actions of senior management, the intentions, plans and future actions of the Company, as well as the Company’s ability to successfully mine digital currency; revenue increasing as currently anticipated; the ability to profitably liquidate current and future digital currency inventory; volatility of network difficulty and, digital currency prices and the resulting significant negative impact on the Company’s operations; the construction and operation of expanded blockchain infrastructure as currently planned; and the regulatory environment of cryptocurrency in applicable jurisdictions.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Contacts

Sean Ty Chief Financial Officer

CasperLabs Co-Founder & CTO Medha Parlikar to Speak at Women’s Entrepreneurship Day Summit 2022

Parlikar to share knowledge and insights in “Blockchain – Empowering Women Entrepreneurs to Make a Positive Impact” panel

NEW YORK--(BUSINESS WIRE)-- CasperLabs , a leading blockchain software company for the enterprise market, today announced co-founder and CTO Medha Parlikar will be a featured speaker at Women’s Entrepreneurship Day Summit 2022 taking place May 20, 2022 at the United Nations Headquarters in New York City. Medha will take part in a special panel “Blockchain – Empowering Women Entrepreneurs To Make a Positive Impact” from 10:15-10:35 a.m. EST.

“Blockchain’s potential is immense, and because it is still in its infancy, there are limitless opportunities for women entrepreneurs to share in its growth and success,” said Medha Parlikar, co-founder & CTO, CasperLabs. “I look forward to speaking at Women’s Entrepreneurship Day about this burgeoning technology and how it stands to make a positive impact not only on the lives of women, but the world around us as well.”


WHAT: Panel: “Blockchain – Empowering Women Entrepreneurs To Make a Positive Impact”

WHO: Medha Parlikar, CasperLabs; Seana Smith, Yahoo! Finance (Moderator)

WHEN: May 20, 2022; 10:15-10:35 a.m.

WHERE: United Nations Headquarters, New York, NY

Women’s Entrepreneurship Day Organization (WEDO) is a movement that carries throughout the year in support of women in business globally. WEDO ignites women leaders, innovators, and entrepreneurs to initiate startups, drive economic expansion, and advance communities worldwide. WED is celebrated in 144 countries and 65 universities and colleges internationally, with a growing global legion of 333 global ambassadors activated in every continent! The WEDO mission is to empower the 4 billion women worldwide to be catalysts for change and uplift over 250 million girls living in poverty worldwide.

CasperLabs lowers the barrier to entry for blockchain adoption by providing professional services and support for businesses building on Casper. Casper is unique in that it is the first provably live and provably safe version of CBC Casper ever built. In that way, it is arguably the only fully decentralized, highly secure, and scalable blockchain.

For more information on CasperLabs, visit .

About Medha Parlikar

Medha Parlikar is co-founder and chief technology officer of CasperLabs. Medha has more than 30 years of tech experience and is considered one of the top women in blockchain. As CasperLabs CTO, Medha is on a mission to make blockchain the platform for doing business in the future. “It’s not a scary technology,” says Medha. “We are de-risking the blockchain for the enterprise. The time is now for businesses to adopt and not be left behind.” Medha began working with blockchain in 2017. When she realized the blockchain technology platform she needed didn’t actually exist, she decided to build it herself and CasperLabs was born. Beyond blockchain, Medha’s specialties include Ethereum, SaaS, Product Engineering, and Cloud technologies. Medha started working with technology in the early 1980s, building computers in the basement. For the past two decades, she has been delivering production SaaS software for large companies including Adobe, Omniture and Avalara. Medha excels in building and guiding high-functioning technical teams, inspiring them to deliver solutions that solve customer problems. She is a prolific speaker, having spoken at several global conferences including Davos, LA Blockchain Summit, and NFT.NYC, among others. Medha is a mentor and has worked with organizations including Strongurl to elevate and encourage women in blockchain/tech. In her personal life, Medha is a wife and mother to three children, and holds a black belt in karate. Medha graduated summa cum laude from Coleman College with a Bachelor’s Degree in Computer Information Systems and Programming.

About CasperLabs

CasperLabs, a leading blockchain software company for the enterprise market, is re-imagining blockchain for enterprise with a future proof solution. The company also provides development, support and advisory services for organizations building on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public and hybrid blockchain applications. Its team possesses deep enterprise technology experience with a cumulative 100 years of enterprise experience, hailing from organizations including Google, Adobe, AWS, Dropbox and Microsoft. To learn more, visit . Contacts

Donna Loughlin Michaels LMGPR 408.393.5575

Ripple Commits $100M to Scale and Strengthen Global Carbon Markets, Addresses Quality and Transparency Using Blockchain and Crypto

Demand for carbon offsets expected to skyrocket to $550B by 2050 to meet Paris Climate Accord goals

SAN FRANCISCO--(BUSINESS WIRE)-- Ripple , the leader in enterprise blockchain and crypto solutions, today announced its commitment of $100 million to carbon markets. The funding will accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs. Ripple will also build a portfolio of additive, long-term, nature and science-based carbon credits, some of which will be used to meet its own commitment to achieve net zero by 2030 or sooner. In addition, the funding will continue to support new functionality and developer tools that enable carbon credit tokenization as core non-fungible tokens (NFTs) on the XRP Ledger (XRPL) . This commitment will help progress towards globally agreed climate goals to limit global temperature rise to 1.5 degrees Celsius.

Carbon markets are struggling to keep up with exploding demand, inhibited by supply bottlenecks and slow time to market, and a dearth of high quality, verifiable products. To meet climate goals on a global scale, carbon markets need enhanced mechanisms for project verification and certification; greater transparency in pricing and market data; and improved infrastructure for both buyers and suppliers. Blockchain and crypto, with innate qualities of transparency, verification and scalability, can help address many of the market’s biggest obstacles to growth and efficacy.

“Our $100 million commitment is a direct response to the global call to action for companies to help address climate change by deploying resources, including innovative technology, strategic capital and talent. While reducing emissions and transitioning to a low-carbon future are paramount, carbon markets are also an important tool for meeting climate goals. Blockchain and crypto can play a catalytic role in allowing carbon markets to reach their full potential, bringing more liquidity and traceability to a fragmented, complex market,” said Brad Garlinghouse, CEO of Ripple.

In 2020, Ripple announced its plan to go carbon neutral by 2030 and is on track to do so by 2028. Working with independent NGO partners like the Energy Web Foundation and the XRP Ledger Foundation, Ripple helped decarbonize the XRPL, the first major blockchain to become carbon neutral, in 2020. To further its commitment to sustainability, Ripple’s $100M will fund key initiatives including: Building a portfolio of high-quality, existing and future carbon credits to help capitalize the most impactful and scalable carbon removal methodologies and projects. Investing in innovative carbon-removal technology companies and market makers utilizing blockchain, crypto and other financial technology to accelerate supply and unlock exponential value for both buyers and suppliers. Supporting new functionality and developer tools for creators and developers focusing on carbon markets solutions and carbon credit NFTs on the XRPL. Continuing to partner with the world’s leading climate and conservation organizations to develop new methodologies for carbon removal, along with distributed stakeholder-led governance models, creating greater fairness, revenue and equity for suppliers, especially in developing economies.

“Tokenizing carbon credits can play a vital role in scaling carbon markets and meeting growing demand while ensuring the credibility, integrity and transparency of existing markets. Several carbon removal projects and fintechs are already building on the XRPL to bring new climate solutions to market. By bringing blockchain to global climate initiatives, the industry can more quickly verify and certify NFT carbon credits, eliminate the potential for fraud, and even guarantee the offset is actually removing carbon for the long term,” says Monica Long, General Manager of RippleX at Ripple.

Ripple is partnered with field leading carbon removal companies and carbon market makers. These include CarbonCure Technologies , whose suite of technologies permanently store captured CO2 in concrete through carbon mineralization; , a climate focused fintech (backed by the UN), which is building its carbon credit verification, tokenization and exchange functionality on XRPL; and Invert, a carbon offsetting company to source and invest in high-quality carbon credit generation projects.

“To address the climate crisis, we need all hands on deck. Growing the market for high-quality carbon removal and reductions - like what we provide here at CarbonCure - is a key part of the solution,” said Robert Niven, Chair and CEO of CarbonCure Technologies. “Ripple’s strategic investments will have a significant impact on advancing carbon removal innovations, improving carbon credit delivery and growing global carbon market tools and solutions. We applaud Ripple’s leadership in ensuring transparency and verification in this rapidly expanding field.”

“ As efforts to decarbonize the global economy increase, demand for carbon credits will only increase. The industry needs to evolve its existing infrastructure and verification methodologies to address our climate needs,” says Steven Witte, COO & Co-Founder at “ offers market infrastructure solutions that facilitate the development of ecological projects, the measurement of ecological benefits and the registration of corresponding carbon credits. To achieve this, chose the XRP Ledger, given its performance, scalability and inherently green attributes, to build its carbon credit verification, tokenization and exchange functionality.”

In addition, Ripple is working alongside key climate players, including Energy Web Foundation, Rocky Mountain Institute and the Alliance for Innovative Regulation. Ripple co-founded the Crypto Climate Accord, which has enlisted over 500 members spanning the crypto and finance, technology, NGO, and energy and climate sectors, since launching in April 2021. Ripple is a founding member of the World Economic Forum’s Crypto Impact and Sustainability Accelerator (CISA).

About Ripple

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective - solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet - increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders. Contacts

Stacey Ngo

Lavu and Verifone Partner to Provide Unified Payments and Point of Sale Solutions to Restaurants

Cross-Distribution Partnership Will Enable Card Present, Card Not Present, Mobile, Peer-To-Peer, and Cryptocurrency Payments at Restaurants

ALBUQUERQUE, N.M.--(BUSINESS WIRE)-- #digitalpayments -- Lavu , a major global restaurant software and payments solution provider built by restaurant people, and Verifone , a global FinTech leader and payment solution provider to the world’s best-known brands, today announce a new cross-distribution partnership that will seamlessly integrate Lavu’s all-in-one restaurant software suite with Verifone’s FLEX payment solution, including its Advanced Payment Methods platform, benefiting Lavu and Verifone customers.

The strategic partnership helps better serve the restaurant industry, allowing both Verifone and Lavu to offer a high-quality, unified point of sale (POS) and payment experience to their customers. Lavu will now be able to expand its payments acceptance offering into new markets by leveraging Verifone’s breadth of payment connections. The first available product will be comprised of a Verifone Engage e285 device with Lavu’s tablet-based POS solutions.

With access to Verifone’s Advanced Payment Methods platform, millions of restaurants will more easily meet rapidly evolving consumer behavior, most notably the accelerated shift to digital and split payments. Whether splitting a bill with a large party, paying using cryptocurrencies or spreading payments over time, the Verifone user experience is simple: customers select their desired advanced payment method on the Verifone terminal and use their mobile device to complete the transaction.

The following payment methods, and more, will become available to Lavu customers and Verifone customers: Alipay, Affirm, Cryptocurrency (including Bitcoin, Ethereum, Litecoin, Dogecoin, Shiba Inu, and several USD stablecoins) using prominent Crypto wallets, PayPal, Venmo, WeChat Pay, Klarna, Swish, and Vipps.

“Our partnership with Verifone advances our mission to help even more restaurants reach new customer segments and remain profitable during an increasingly challenging time,” said Saleem S. Khatri, CEO of Lavu. “Especially over the past two years, consumers have acclimated to contactless, cardless and flexible payment methods, and we’re excited to call Verifone our ally in ensuring that restaurateurs meet these customer needs amidst inflationary pressures and staffing shortages.”

“There’s massive interest from dining establishments to expand their payment acceptance options as consumer trust in these popular digital wallets accelerates,” said Tim O’Loughlin President and EVP, Verifone. “We’re excited to partner with Lavu to provide an unparalleled end-to-end experience for restaurant merchants by joining the most adaptable restaurant POS system with our payment solutions and suite of Advanced Payments Methods.”

New and existing restaurant merchants can learn more at

About Lavu

Lavu is the world’s leading restaurant management platform for small and medium-sized restaurants. The company’s products include an award-winning mobile point-of-sale, online ordering, payment processing and accounts payable suite. Embodying values of hospitality in its 24/7 support of restaurant partners in more than 65 countries, Lavu helps businesses grow with solutions built for restaurants by restaurant people. Headquartered in Albuquerque, New Mexico, Lavu was the first iPad point of sale in the Apple App Store and continues to offer the latest in restaurant features and functionalities. Learn more at

About Verifone

Verifone is a FinTech leader providing valuable end-to-end payment and commerce solutions to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants alike. The company’s global services platform is built on a four-decade history of innovation and uncompromised security and handles 10.4B+ online and in-store transactions annually, totaling more than $440B. Trusted and recognized by consumers for its growing footprint of 35 million devices in more than 150 countries, businesses choose Verifone for its global scale, local capabilities, omnichannel prowess and solution flexibility. Learn more at Contacts

Caroline Pruett, Lavu Media Relations

Western Union Shares Fresh Insights on Today’s Migrants

Migrants are optimistic, technologically savvy and motivated to build a better life Additional research to measure the need for, and acceptance of, migrants underway in partnership with The Fletcher School at Tufts University

DENVER--(BUSINESS WIRE)-- Western Union (NYSE: WU) released new data today exploring the perspectives and motivations of migrants* in the United States, United Kingdom, Germany, France, Japan and the United Arab Emirates.

Today’s migrants represent a diverse range of socioeconomic backgrounds and contribute economically, culturally, and in many other ways to their adopted countries. Survey results reveal three key insights: Migrants are engines of optimism. Today’s migrants in many parts of the world share that they feel valued and accepted, with positive attitudes towards their host countries. In the U.S., for example: 86% of migrants view the country in a positive way, versus 68% of the general population 88% of migrants feel appreciated and 95% say they can do well if they work hard Migrants are tech-forward. Always on the lookout for a way to make their lives easier or better, today’s migrants are familiar with cryptocurrency and comfortable with digital financial services. In the U.S.: 57% of migrants are familiar with cryptocurrency 83% of migrants access financial services digitally or a mixture of both digital and in person Migrants are motivated by a pursuit for a better future. Most migrants say they moved to the U.S. for better job prospects, higher pay, or to pursue education and training.

“Throughout history, people have moved across borders in search of new opportunities. For some it is a choice, and for others a necessity. At Western Union, we consider it a privilege to support today’s migrants as they build the better future they envision for themselves, their families, and communities,” said Devin McGranahan, Western Union President and CEO. “The 280 million migrants globally represent a major economic force, so it is important to understand the perspectives, motivations and ambitions of these essential members of society.”

Western Union has also partnered with The Fletcher School at Tufts University to explore where economic opportunity, skills shortages, and a socio-political openness to migration are likely to intersect and create the next geographies of social stability, economic growth, and innovation.

“The need for labor had surpassed pre-pandemic levels in countries like Australia, Canada, the United States, and several others by the end of 2021,” said Bhaskar Chakravorti, dean of global business at The Fletcher School. “As countries around the world emerge from the pandemic-induced economic contraction, those that are more welcoming and accepting of migrants will be able to close their labor market gaps much more efficiently; they are able to tap into diverse, globally aware, and technology savvy labor pools, and generate dividends both for the home and host countries in the process.”

This collaboration between Western Union and The Fletcher School at Tufts University will include the development of the “Migration Quotient”—a scorecard measuring countries’ need for and acceptance of migrants coupled with the momentum of migration into and out of countries. In addition, the collaboration will also focus on bottom-up analyses of key remittance corridors and ethnographic studies on migrants and displaced communities.

More information from the ‘Today’s Migrant’ survey is available here .


About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit .

*Migrants for the purpose of this study are defined as a person who moves across an international border away from his or her place of usual residence, temporarily or permanently, and for a variety of reasons Contacts

Western Union Media Contacts

Western Union Global Communications Rachel Rogala; + 1 (303) 808-2674

Western Union Americas Brad Jones;

Round13 Launches a Dedicated Fund to Invest in the Emerging Blockchain and Digital Asset Market; Raises US$70 Million to Date

Initial investors in Canada’s first institutional crypto native venture fund include a major Canadian pension fund along with family offices and high net worth individuals

TORONTO--(BUSINESS WIRE)-- #CryptoNativeFund -- Round13 , a leading Canadian venture capital firm with approximately $700 million in assets under management, has launched a dedicated fund to invest in the emerging blockchain and digital asset market. The new crypto native fund has raised US$70 million of an initial target of US$100 million. The lead investor is a major Canadian pension fund, with additional participation from institutions, high-net-worth individuals, family offices, and members of the Round13 team. The fund is also partnered with Satstreet, one of Canada’s fastest growing digital investment firms with a deep network of relationships in the crypto universe.

The fund seeks projects with highly technical teams solving problems around scalability and interoperability, and those building top tier applications on these new rails – themes that will play a fundamental role in building the infrastructure for the successful deployment and mass adoption of Web3 projects. The fund has invested in several projects to date alongside other top tier global investors in the space. Investments have been made in UK-based Improbable Worlds , US-based Trust Machines and Ibex , and Canadian-based Chainsafe and Red Jar Digital Infrastructure (RJDI).

The new Round13 fund is operated by two veterans in the blockchain and digital asset market, with each bringing a unique set of skills and operational ability to the fund. Managing Partner Satraj Bambra is a software engineer who has built and sold two companies and was an early developer in the space. He was most recently co-founder and CEO of BlockEQ, a mobile native wallet and decentralized exchange built on Stellar’s blockchain. Managing Partner Khaled Verjee is a lawyer and investment banker by trade, and has been an early investor and advisor to several Blockchain startups since 2015.

“I’ve been immersed in this space for several years but have not seen as much interest in the emerging blockchain and digital asset market as we are seeing today,” said Bambra. “We are seeing a particularly encouraging and rapidly growing trend of new teams joining and building blockchain applications and protocols. This has historically been the strongest signal of adoption and growth. I truly believe we are just getting started and the best is yet to come.”

“It’s very encouraging that a pension fund and traditionally conservative family offices are actively investing in our fund and looking to capitalize on the tremendous opportunities in the market,” said Verjee. “And while this fund will invest globally, we are uniquely positioned in Canada to invest in and support the robust and growing number of developers building in the space.”

The new Round13 fund is a member of the Web3 Council of Canada and anticipates playing an important role in the development of a strong regulatory framework.

About Round13

Round13 Capital is a Toronto-based venture capital firm that invests in high growth technology businesses. The firm is managed by experienced investors and operators and uses a disciplined investment approach to identify exceptional entrepreneurs committed to opportunities and companies with market leadership potential. Round13 typically provides ‘hands-on’ management assistance to its portfolio companies to unlock strategic and financial value. For additional information, visit . Contacts

Jodi Echakowitz Boulevard Public Relations 416-271-7250

Founded by Game Industry Vets, Azra Games Raises $15M in Seed Round Led by Andreessen Horowitz & NFX to Unlock the Power of web3 for Mainstream Games

First Title from Azra Games to Deliver the Ultimate Fantasy and Core Games Fun of Collectible & Combat Role Playing with web3 Real Value to Players

SACRAMENTO, Calif.--(BUSINESS WIRE)--Azra Games, a blockchain games company dedicated to building best-in-class collectible and combat RPGs for the web3 era, has raised $15M in a seed round led by Andreessen Horowitz (from both their games fund and crypto fund), with participation from NFX, Coinbase Ventures, Play Ventures and Franklin Templeton. Azra Games creates immersive game universes, with specialized in-game economies and virtual collectibles, powered by web3 technology. This seed funding will be used to accelerate development on Azra’s first game - an epic, sci-fi/fantasy collectibles and mass combat RPG code-named Project Arcanas .

“As a kid, I spent countless hours role playing with all of my different toys,” said Mark Otero, Founder & CEO, Azra Games. “At Azra, we are making a game to recreate this joy, to re-engage adults’ imaginations once again with the ultimate collectibles fantasy, combined with the ultimate fast-paced mix-and-match combat that is accessible yet deeply strategic. Imagine role playing giant monsters, robots and creatures, and leading your favorite heroes and villains to battle - and on top of satisfying game sessions, a vibrant marketplace and a sustainable economy based on real value that only web3 can unlock to deliver the most compelling and complete play experience.”

Founded by veteran game designer Mark Otero, best known for Electronic Arts’ top grossing Star Wars: Galaxy of Heroes, and respected entrepreneurs Sonny Mayugba and Travis Boudreaux, Azra Games is re-imagining the delights of collecting toys and limited edition items through a dedicated NFT ecosystem. Azra’s first game will be prolific gamemaker Otero’s ninth in collectible and combat RPGs, as he is joined by a veteran game team with a deep history in the genre.

"CEO Mark Otero is a seasoned game director who was at the forefront of mobile free-to-play games with the hit franchise Star Wars: Galaxy of Heroes ,” said Jonathan Lai, General Partner, a16z. “We’re excited to partner with Mark and the Azra team as they apply their expertise to web3 games in creating new types of gameplay and economy design.”

“We are incredibly impressed by what the team is building,” said Gigi Levy Weiss, NFX General Partner, known for high profile games investments like Moon Active, Playtika, Plarium and more. “I believe Azra will be the leader in blending amazing gameplay with digital ownership, offering ultimate value and entertainment to players.”

Azra Games’ backers represent selective and successful key figures across games and crypto companies and investors and also include industry luminaries like YGG co-founder Gabby Dizon, Twitch co-founder Justin Kan, and Dapper Labs co-founder Roham Gharegozlou.

To learn more about Azra, please visit and follow along @AzraGames and on Discord .

About Azra Games

Azra is building high quality, unique collectible and combat games on the blockchain. Based in Sacramento, CA, the web3 games studio was founded by former EA and BioWare executive Mark Otero and serial entrepreneur Sonny Mayugba, and is backed by a16z and NFX. The company’s first title is a mass combat strategy RPG code-named Project Arcanas .

About Andreessen Horowitz

Andreessen Horowitz (a16z) is a Silicon Valley-based venture capital firm that backs bold entrepreneurs building the future through technology. The firm is stage agnostic, investing in seed to late-stage technology companies, across the consumer, enterprise, bio/healthcare, crypto, and fintech spaces. a16z has $19.2B in assets under management across multiple funds. See portfolio companies here: .

About NFX

NFX is a leading seed-stage venture firm based in San Francisco, CA, and Herzlia, Israel. Founded by entrepreneurs who built 10 companies with more than $10 billion in exits across multiple industries and regions, NFX is transforming how true innovators are funded. With expertise in platforms and network effects, NFX partners with the world’s best founders to solve problems - at scale - with the power of technology. Learn more at . Contacts

Sibel Sunar fortyseven communications for Azra Games

KuCoin Spotlight, the Favored Token Launchpad, is Conducting its 22nd Token Sales of Pikaster (MLS)

VICTORIA, Seychelles--(BUSINESS WIRE)--The global cryptocurrency exchange KuCoin has announced its 22nd Spotlight Token Sale with Pikaster (MLS) on May 18, 2022 (UTC). KuCoin Spotlight is the exclusive token launch platform that allows users to acquire Pikaster (MLS) at the issue price of $0.12 by holding at least 100 KuCoin Token (KCS), the native token of the KuCoin Exchange.

Pikaster is a card battle game featuring Pikaster NFTs. It aims to create a “Play and Earn” GameFi project through innovative product features to bring players both extraordinary gaming experiences and handsome economic returns. In the middle of April, Pikaster launched 18,000 limited-edition Pikaster NFTs, and all sold out in less than 1 minute via the KuCoin IGO, a new interactive NFT launchpad.

The KuCoin Spotlight token launch platform helps early-stage crypto projects raise funds and increase the project reach across the crypto ecosystem. Meanwhile, it grants users the chance to find the next potential crypto gem to gain considerable incomes with low thresholds. Currently, KuCoin Spotlight has launched 21 projects with an impressive performance, including CLH, PDEX, CWAR, VR, and so on via Spotlight, with the highest ROI exceeding 924x.

Johnny Lyu, the CEO of KuCoin, said: “KuCoin allows our users to discover promising blockchain startups, and we have a unique eye for quality blockchain projects with high growth potentials. KuCoin Spotlight is a good place to list early-stage promising projects. Pikaster provides an exclusive game for users to easily access the world of NFT, and we are so excited to launch this incredible project on our Spotlight and the IGO platform to provide our support for Pikaster.”

The Pikaster CMO Luffy added: “ We have previously worked with KuCoin at KuCoin IGO. This time, we are delighted with this opportunity again to list our Pikaster token sale on KuCoin Spotlight. KuCoin pays great attention to the value of the community and the value of users, and we strongly believe that KuCoin will help us to realize the limitless potential.”

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform focusing on inclusiveness and community action reach, it offers over 700 digital assets. Currently, it provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges, according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

To find out more, visit .

About KuCoin Spotlight

Spotlight is a KuCoin token launch platform that serves early-stage crypto projects and initial token distribution to provide users with the opportunity to participate in the early investment of preferred projects to gain considerable incomes with low thresholds. It has strict screening criteria to ensure that the listed projects and their native tokens are high quality. In addition to providing more promising crypto assets for investors, Spotlight supports early-stage crypto projects in crowd-funding, marketing exposure, as well as industrial influence for further development.

About Pikaster

Pikaster (MLS) is a community-driven metaverse created by Metaland, based on KCC, Polygon, and BSC Chain, aiming to create diverse scenarios such as various games, social, entertainment, sports, etc. to enable players to participate in and manage the ecology together and earn great financial rewards while gaining new experiences. Metaland is a Web3 firm specializing in developing blockchain-based games. Contacts

KuCoin Emma Hou

flatexDEGIRO Offers Crypto Trading via Partnership With BISON (Boerse Stuttgart Group)

- Partnership enables flatexDEGIRO customers to trade major cryptocurrencies directly and further advances the verticalisation of Europe's leading online brokerage platform

- Convenient and direct in-app access from flatex and DEGIRO to BISON, the retail crypto platform of Boerse Stuttgart Group

- Launch at flatex Germany and Austria aimed for the end of Q3 2022, followed by expansion of the offering to all DEGIRO customers

FRANKFURT, Germany--(BUSINESS WIRE)-- flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's largest and fastest growing retail online broker and Boerse Stuttgart Group, Europe's sixth largest exchange group, today announced the signing of a Memorandum of Understanding (MoU) on a partnership in crypto trading. This will give flatexDEGIRO customers direct access to trading in major cryptocurrencies via convenient and direct in-app access from flatex and DEGIRO with an accelerated onboarding process. For this purpose, Boerse Stuttgart Group provides its integrated offer in the crypto business, with uncomplicated trading via the retail platform BISON and use the secure crypto custody service operated by the custodian blocknox. The aim is to launch first at flatex Germany and Austria by the end of the third quarter of 2022, followed by the expansion of the offer to all DEGIRO customers.

Frank Niehage, CEO of flatexDEGIRO: "As the European market leader in online stock trading, cryptocurrencies add a key element to our already very broad product range. Together with the Robo-Advisory offering planned for summer 2022 via our partner Whitebox, flatexDEGIRO will offer its customers the most comprehensive product range of all European online brokers. For us, taking this step with such a renowned and trustworthy partner as Boerse Stuttgart Group was an indispensable requirement for the sustainable protection of our customers, especially in such a young and volatile asset class as cryptocurrencies."

"As the leading European exchange group in the crypto sector, we are pleased to have gained the leading European online broker flatexDEGIRO as a partner. The partnership is part of our strategy to continue to grow as a regulated and integrated provider of crypto services, in both the retail and institutional markets," said Dr Matthias Voelkel, CEO of Boerse Stuttgart Group.

Muhamad Chahrour, CFO of flatexDEGIRO and CEO of DEGIRO: "flatexDEGIRO enables more than 300 million Europeans to take control of their financial future with easy and secure access to the capital market - without restrictions or lazy compromises. Thanks to our technical edge, we offer our customers the broadest product range in the industry on one of the most convenient and stable platforms – at the lowest prices, especially in the most important European growth markets."

"Our partnership with flatexDEGIRO creates enormous added value for customers: They benefit from easy processes, attractive transaction costs and custody of cryptocurrencies free of charge. We can jointly unlock new investor groups and serve their growing interest in digital assets," explains Dr Ulli Spankowski, Chief Digital Officer of Boerse Stuttgart Group and Head of BISON.

Customers can trade the cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Chainlink and Uniswap on BISON free of charge – 24 hours a day, seven days a week. The admission of further cryptocurrencies will follow in the next months. Only the spread between the displayed buying and selling prices is charged. There are no additional costs for customers, for example for deposits or withdrawals of cryptocurrencies. blocknox GmbH, a subsidiary of Boerse Stuttgart Group, takes care of the custody of cryptocurrencies on an escrow basis. For this purpose, blocknox GmbH has implemented a multi-level security concept.

For further information please contact:

Press contact flatexDEGIRO: Achim Schreck Phone +49 (0) 69 450001 0 Head of IR & Corporate Communications

Press Contact Boerse Stuttgart Group: Johannes Frevert Phone + 49 711 222 985-711 Media Spokesperson

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platform in Europe. Based on modern, in-house state-of-the-art technology, customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution on top TIER 1 exchanges. The technological edge as well as the high efficiency and strong economies of scale enable flatexDEGIRO to continuously improve its service offering to customers, including commission-free brokerage.

With more than 2 million customer accounts and over 91 million securities transactions processed in 2021, flatexDEGIRO is the largest retail online broker in Europe. In times of bank consolidation, low interest rates and digitalisation, flatexDEGIRO is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to expand its customer base to 7- 8 million customer accounts and process 250-350 million transactions per year - even in years of low volatility.

Further information at

About Boerse Stuttgart Group

Boerse Stuttgart Group is the sixth largest exchange group in Europe with strategic pillars in the capital markets business and in the digital and crypto business. It operates exchanges in Germany, Sweden and Switzerland. As a true pioneer, it has built the largest digital and crypto business of all the European exchange groups. Boerse Stuttgart has a workforce of 650 and premises in Stuttgart, Berlin, Stockholm, Zurich and Ljubljana.

Further information at Language: English Company: flatexDEGIRO AG Rotfeder-Ring 7 60327 Frankfurt / Main Germany Phone: +49 (0) 69 450001 0 E-mail: Internet: ISIN: DE000FTG1111 WKN: FTG111 Indices: SDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1356185


Name: Achim Schreck Tel: +49 (0) 69 450001 1700 Email:

METAQ Coin Listed on Global Exchange MEXC

PANGYO, South Korea--(BUSINESS WIRE)-- #CryptoFishing -- Metaplanet announced that its cryptocurrency 'METAQ Coin' has been listed on the global cryptocurrency exchange, MEXC.

METAQ Coin recorded a turnout of 128,000% at the Kickstarter listing voting event held by MEXC and it has been listed on MEXC since May 10th.

MEXC Exchange, established in 2018, is one of the top 10 global exchanges listed on CoinMarketCap, a global cryptocurrency market site, and is used by more than 6 million users in 200 countries. On the exchange, it is possible to pay for cryptocurrency through Visa and Mastercard, and it has grown rapidly by supporting various services such as DeFi, staking, and Kickstarter using its own token, MX token.

METAQ Coin is a cryptocurrency that can be utilized in Crypto Fishing , an NFT-P2E game being developed and serviced by the METAQ project. In the game, users can swap the earned AQUA tokens with METAQ Coins.

With the METAQ Coin listing on the MEXC Exchange, the accessibility of users to Crypto Fishing has greatly improved.

"With the listing on the globally renowned MEXC Exchange, the brand awareness of METAQ among overseas investors and domestic and foreign users will be increased, while securing active users. In addition, it will spur the global expansion of METAQ ecosystem,” Metaplanet CEO, JeongYeop Shin said. “METAQ project team will continuously provide game users with upgraded service to enhance the user convenience.” Contacts

Metaplanet Layla Jeong +82-10-9779-9270

Cathedra Bitcoin Announces C$6,450,000 Non-Brokered Investment from Kingsway Capital and Ten31

TORONTO--(BUSINESS WIRE)-- $CBIT #Bitcoin --Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“ Cathedra ”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, today announced the execution of subscription agreements with respect to a non-brokered private placement offering (the “ Offering ”) with Kingsway Capital and Ten31 (collectively, the “ Investors ”) for the sale of up to 17,916,667 units (“ Units ”) at a purchase price of C$0.36 per Unit, for gross proceeds of approximately C$6,450,000.

Each Unit consists of one common share of the Company (a “ Unit Share ”) and three-quarters of one (0.75) common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant entitles the holder thereof to acquire one (1) common share (a “ Warrant Share ”) for a period of five (5) years following the closing date. A total of up to 13,437,500 Warrants underly the Units with the following exercise prices per Warrant Share: 2,867,500 Warrants at an exercise price of C$0.54 per Warrant Share 2,867,500 Warrants at an exercise price of C$0.79 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.04 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.29 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.54 per Warrant Share

The Company intends to use the proceeds from the Offering for general corporate purposes and working capital.

All Warrants, Warrant Shares, and Common Shares issuable pursuant to the Offering will be subject to statutory hold periods of four (4) months and one (1) day from the date of issuance thereof. The Units have not been registered under the United States Securities Act of 1933, as amended, or applicable state securities laws, and the Units may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

The Offering is expected to close on or around May 20, 2022, and is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

About Cathedra Bitcoin

Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) is a Bitcoin company that develops and operates world-class bitcoin mining infrastructure.

Cathedra believes sound money and abundant energy are the fundamental ingredients to human progress and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. Today, Cathedra owns 187 PH/s across various sites around the United States and expects to deploy an additional 538 PH/s in 2022. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 725 PH/s. The Company is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

For more information about Cathedra, visit or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin .

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, are forward-looking information. Other forward-looking information includes but is not limited to information concerning: the expected deployment of an additional miners, the intentions and future actions of senior management, the intentions, plans and future actions of the Company, as well as the Company’ ability to successfully mine digital currency; revenue increasing as currently anticipated; the ability to profitably liquidate current and future digital currency inventory; volatility of network difficulty and, digital currency prices and the resulting significant negative impact on the Company’s operations; the construction and operation of expanded blockchain infrastructure as currently planned; and the regulatory environment of cryptocurrency in applicable jurisdictions.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others: the ability of the Company to achieve its corporate objectives or otherwise advance the progress of the Company; risks related to the international operations; the Company's inability to obtain any necessary permits, consents or authorizations required for its activities; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on capital market conditions, restriction on labor and international travel and supply chains; general market and industry conditions; and those risks set out in the Company’s public documents filed on SEDAR. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Contacts

Media and Investor Relations Inquiries Please contact: Sean Ty Chief Financial Officer

Schroders Supports Workers’ Rights and Digital Rights at Upcoming AGMs

NEW YORK--(BUSINESS WIRE)-- #agms --Schroders today announces it is supporting workers’ and digital rights at the upcoming Annual General Meetings of Alphabet, Amazon and Meta.

The pre-declaration of Schroders voting intentions follows prior engagement activity with the companies on these specific themes, with this escalation being the next step of our active ownership process.

In total, Schroders is today unveiling its voting intentions for 11 resolutions at the three companies next week. This follows the publication of Schroders Engagement Blueprint which has set new standards on active ownership and targets on engagement.

Schroders’ engagement with Amazon is focused on supporting workers’ rights, one of six priority themes in the Blueprint. Specific engagement areas encompass improving the wages paid to staff and the benefits that they are offered; worker engagement and representation within Amazon; the health and wellbeing of workers and the working conditions within Amazon’s warehouses.

In terms of Meta and Alphabet, Schroders will vote in favour of improving their approach to digital rights – including exploitative content, misinformation and privacy.

Kimberley Lewis, Head of Active Ownership, Schroders, commented:

“At Schroders we approach active ownership differently. We believe it is important to set clear expectations for companies around sustainable business practices and, as a result, we are able to influence corporate behaviour through constructive and committed engagement with the companies and assets we invest in.

“We have selected proposals which are aligned with our Blueprint and where we have an engagement history. Some 11 of these proposals have already been highlighted as ‘ones to watch’ by key external advocacy pressure groups and we will not hesitate in publishing our voting intentions for more resolutions if we believe it is the right thing to do.”

Kate Rogers, Head of Sustainability, Schroders Wealth Management, commented:

“These issues are growing in importance for our clients who are pressing us to do more to ensure the companies that we invest in are acting responsibly. By voting against the management at Alphabet and Meta we are signalling the importance of big technology companies acting to avoid harm and tackling misinformation on their platforms. At Amazon, we stand with the workers, seeking more disclosure on working conditions and their treatment.

“As active managers the way we use our influence can make a significant difference helping companies to transition to a more sustainable business model and accelerating positive change. This is important for financial returns as companies and countries’ impacts on the planet are increasingly hitting their bottom lines. At Schroders we strongly believe that companies can’t exploit these issues – both workers and digital rights - without recourse through financial cost or reputational risk.”

Please see below a list of the shareholder proposals for which Schroders is pre-declaring its intention to vote for at Alphabet, Amazon and Meta. Please note that we are still considering other agenda items at these meetings - we are likely to be voting against the boards’ recommendations for other proposals in addition to the above shareholder proposals:

2022 Amazon AGM (Workers Rights)

ITEM 9—Shareholder proposal requesting a report on worker health and safety differences

ITEM 13—Shareholder proposal requesting additional reporting on freedom of association

ITEM 16—Shareholder proposal requesting a report on warehouse working conditions

2022 Meta AGM: (Digital Rights)

ITEM 8: Report on Community Standards Enforcement

ITEM 9: Report on User Risk and Advisory Vote on Metaverse Project

ITEM 10: Publish Third Party Human Rights Impact Assessment

ITEM 11: Report on Child Sexual Exploitation Online

ITEM 14: Commission Assessment of Audit and Risk Oversight Committee

2022 Alphabet AGM: (Digital Rights)

ITEM 14: Report on Managing Risks Related to Data Collection, Privacy and Security

ITEM 15: Disclose More Quantitative and Qualitative Information on Algorithmic Systems

ITEM 16: Commission Third Party Assessment of Company's Management of Misinformation and Disinformation Across Platforms

Note to Editors

For trade press only. To view the latest press releases from Schroders visit:

Schroders plc

Founded in 1804, Schroders is one of Europe’s largest independent investment management firms by assets under management. As at 31 December 2021, assets under management were £731.6 billion (€871.3 billion; $990.9 billion). The founding family remain a core shareholder, holding approximately 48% of the firm’s voting shares. Schroders has continued to deliver strong financial results. It has a market capitalisation of over £8 billion and employs over 5,500 people across 37 locations.

Schroders has benefited from the most diverse business model of any UK asset manager by geography, by asset class and by client type. Schroders offers innovative products and solutions across their five business areas of solutions; institutional; mutual funds; private assets & alternatives; and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, endowments and foundations. They also manage assets for end clients as part of their relationships with distributors, financial advisers and online platforms. Schroders’ Wealth Management offering reflects their strategic ambition to provide wealth management and financial planning services to clients across the wealth spectrum.

Schroders’ strategic aims are to grow the asset management business, build closer relationships with end clients and expand their private assets and alternatives business. Schroders’ purpose is to provide excellent investment performance to clients through active management. The business channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we deliver for Shareholders and other stakeholders.

Important Information: All investments involve risk, including the loss of principal. The views and opinions stated are those of the individuals quoted and are subject to change. This document does not purport to provide investment advice and the information contained is for informational purposes and not to engage in any trading activities. Reliance should not be placed on the views and information in the document when making individual investment and/or strategic decisions. The material is not intended to provide, and should not be relied on for accounting, legal or tax advice, or investment recommendations. Schroder Investment Management North America Inc. (“SIMNA Inc.”) is registered as an investment adviser with the US Securities and Exchange Commission and as a Portfolio Manager with the securities regulatory authorities in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan. It provides asset management products and services to clients in the United States and Canada. Schroder Fund Advisors LLC (“SFA”) markets certain investment vehicles for which SIMNA Inc. is an investment adviser. SFA is a wholly-owned subsidiary of SIMNA Inc. and is registered as a limited purpose broker-dealer with the Financial Industry Regulatory Authority and as an Exempt Market Dealer with the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Quebec, and Saskatchewan. SIMNA Inc. and SFA are wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange. Further information about Schroders can be found at or . Contacts

Sarah Levine 646.818.9289

PGIM calls cryptocurrency ‘portfolio kryptonite’ but sees opportunities in broader ecosystem

NEWARK, N.J.--(BUSINESS WIRE)--The latest crypto collapse — in large part driven by poor design of a so-called “stablecoin” — highlights just one of the many reasons why cryptocurrency is a poor choice for long-term investors, according to PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).

In PGIM’s latest Megatrends paper, “Cryptocurrency Investing: Powerful Diversifier or Portfolio Kryptonite?” dozens of investment professionals from across PGIM’s fixed income, equity, real estate, private debt and alternatives businesses dissect the most common pro-cryptocurrency arguments and find that direct investment in cryptocurrencies offers little benefit to an institutional investor — while adding considerable volatility and risk.

“As long-term investors and fiduciaries on behalf of our clients, three things need to be true for us to add an asset class into a portfolio: the asset needs a clear regulatory framework, it needs to be an effective store of value, and it needs to have a predictable correlation with other asset classes,” says PGIM CEO David Hunt. “Cryptocurrency currently meets none of these three criteria. It’s much more of a speculation than an investment.”

The PGIM research shows that cryptocurrency is an unreliable portfolio diversifier and an inadequate safe-haven asset or inflation hedge. Recent risk-adjusted returns are not much different than other asset classes but with more frequent and greater drawdowns. Furthermore, the unsettled regulatory backdrop and the significant environmental, social and governance concerns pose significant additional headwinds for long-term investors.

“Cryptocurrency may be a heroic quest to build a viable, decentralized peer-to-peer payment system, but its pricing is based on speculative behavior, rather than a fundamental thesis around its value or utility,” says PGIM Head of Thematic Research Shehriyar Antia. “Furthermore, with little evidence to support it as an effective inflation hedge or safe-haven asset, we see no reason for cryptocurrencies to be a part of institutional portfolios.”


Cryptocurrency is not an effective hedge against inflation: In 2021, the price of bitcoin and other cryptocurrencies moved with inflation only for a brief time before falling sharply. Gold, on the other hand, has demonstrated since the 1970s that it can be an effective and reliable inflation hedge.

Bitcoin does not function as a safe-haven asset: Bitcoin, the most prevalent cryptocurrency, was not a steadying force in early 2020 when global asset prices spiraled downward due to worldwide COVID-induced shutdowns. It held far less of its value than conventional safe-haven assets.

Cryptocurrencies clash with ESG objectives: A single transaction on the bitcoin blockchain is equivalent to 2 million transactions on the Visa network, or roughly the same energy needed to power the average American home for over two months. From a governance perspective, the anonymity and difficulty in tracing identity of owners makes it a preferred medium of exchange in illicit activity — such as the potential for skirting sanctions in the wake of Russia’s invasion of Ukraine.


“Cryptocurrency gets all the breathless hype, but it’s the underlying technology where we find the most interesting investment opportunities,” says Taimur Hyat, chief operating officer for PGIM. “Firms that enable real-world blockchain applications like clearing and settling transactions, preventing fraud, and tokenizing real assets offer significantly greater creation of value over the next decade. The old axiom applies — when there’s a gold rush, invest in shovels and pickaxes.”

Private blockchains and smart contracts: Distributed ledger technology and smart contracts can revolutionize elements of financial services, logistics, and supply chain management, as they eliminate the need for counterparty and trade verification as well as transaction and record reconciliation.

Next-generation securitization: The tokenization of real estate and infrastructure assets could substantially reduce costs from transactions and servicing, increase liquidity, simplify transactions, enhance price transparency, and allow more granular portfolio construction.

The infrastructure and ecosystem supporting blockchains and future central bank digital currencies: Collateral innovation in areas such as fraud prevention, regulatory compliance and other key enablers of the broader crypto ecosystem has the potential to generate attractive returns for owners of the companies that provide these services.

To learn more, read “Cryptocurrency Investing: Powerful Diversifier or Portfolio Kryptonite?” the latest in PGIM’s Megatrends research series .


PGIM, the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), ranks among the top 10 largest asset managers in the world 1 with more than $1.4 trillion in assets under management as of March 31, 2022. With offices in 17 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit .

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit .

1 Prudential Financial, Inc. (PFI) is the 10th largest investment manager (out of 477 firms surveyed) in terms of global assets under management based on Pensions & Investments’ Top Money Managers list published on May 31, 2021. This ranking represents global assets under management by PFI as of Dec. 31, 2020.

CONNECT WITH US: Visit Join the conversation @PGIM Contacts


U.S. Julia O’Brien +1 862 754 0005

Europe & APAC Sharan Kaur +44 (0)7866154772

Fidelity Offers Access to Virtual World of Possibilities Through Metaverse Index ETF on the NEO Exchange

TORONTO--(BUSINESS WIRE)-- $FMTV #NEOExchange -- NEO is proud to welcome Fidelity Investments Canada ULC (“Fidelity”) back to the NEO Exchange with the launch of the Fidelity Total Metaverse Index ETF, an equity strategy now available for trading under the symbol FMTV .

Designed to provide access to the companies that are expected to drive the development of the virtual universe, FMTV leverages Fidelity’s respected approach to index design, including their vast global network and extensive research capabilities.

FMTV seeks to replicate the performance of the Fidelity Canada Total Metaverse Index. The ETF invests primarily in equity securities of issuers from around the world that develop, manufacture, distribute, and sell products and/or services related to establishing and enabling the metaverse, including digital payment processing and cryptocurrency-related industries, which aim to support the digital economy of the metaverse.

“We’re excited to launch our new Fidelity Total Metaverse Index ETF, which offer investors exposure to various aspects of the metaverse, digital payments, and cryptocurrency industries ,” commented Kelly Creelman, Senior Vice President, Products & Marketing at Fidelity. “Investors and advisors are looking for differentiated investment solutions to help them meet their investing goals. Fidelity has been expanding its ETF lineup with solutions in many different asset classes.”

The Fidelity Total Metaverse Index ETF joins 5 other NEO-listed ETFs, including 4 All-in-One ETFs and the Fidelity Sustainable World Equity ETF. Investors can trade shares of all NEO-listed Fidelity ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.

“The emergence of the Metaverse has unleashed a virtual world of possibilities, and Fidelity is at the forefront of providing access to never-before-seen investment opportunities in the space,” remarked Jos Schmitt, President and CEO of NEO. “As Canada’s Tier 1 exchange for the innovation economy, NEO is the ideal listing partner for FMTV, and we are honoured to provide the platform that brings this future-forward product to investors.”

The NEO Exchange is home to over 230 unique listings, including ETFs from Canada’s largest ETF issuers, and some of the most innovative Canadian and international growth companies. NEO consistently facilitates about 20% of all trading in Canadian ETFs and 10% to 15% of all volume traded across Canadian marketplaces. Click here for a complete view of all NEO-listed securities.

About the NEO Exchange

The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

NEO recently introduced Canadian ETF Market , a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis, powered by ETF specialist Trackinsight. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.

Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook

About Fidelity Investments Canada ULC

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $189 billion in assets under management (as at May 10, 2022) and they include individuals, financial advisors, pension plans, endowments, foundations and more.

We are proud to provide investors a full range of domestic, international and global equity and income-oriented mutual funds, ETFs, asset allocation strategies, managed portfolios, sustainable investing products, alternative mutual funds and a high net worth program. Fidelity is available through a number of advice-based distribution channels including financial planners, investment dealers, banks and insurance companies.

For more information on the Fidelity Total Metaverse Index ETF, click here .

Connect with Fidelity: Website | LinkedIn | Twitter Contacts

NEO Media Contact: Aimee Morita

MVB Financial Corp. Names Lindsay Slader as Director

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #bank --The Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Lindsay Slader as a Member of the Board.

“MVB is pleased to have Lindsay join the MVB Board of Directors. As a leader in the gaming industry, she will provide valuable expertise to the Board as we pursue our growth vehicles related to our expanding Fintech business,” said David Alvarez, Chairman, MVB Financial Board of Directors.

Slader was approved as a Director by the shareholders of MVB at the annual meeting of shareholders Tuesday, May 17, 2022, to serve for a three-year term.

Slader serves as the Managing Director of Gaming at GeoComply, a cybersecurity and fraud prevention firm delivering geolocation and user authentication technologies. She joined the company in its infancy in 2012 as its first employee in North America and has held various operational roles through the growth of the company’s core business in online gaming and sports betting. Beyond gaming, GeoComply provides solutions for streaming video broadcasters and the online banking, payments and cryptocurrency industries and serves an impressive list of global customers including Amazon Prime Video, BBC, Akamai, DraftKings, FanDuel and MGM.

Having worked in the internet gaming and digital services industries for 15 years, Slader is a recognized expert in her field, regularly speaking at industry conferences and as a weekly media contributor to both mainstream business and gaming industry publications. Over the last decade, Slader has provided expert witness testimony on regulatory compliance, geolocation technologies and her gaming industry expertise at several state and federal hearings. Prior to GeoComply, she spent five years specializing in regulatory compliance, gaming technology and business development at gaming compliance testing companies Gaming Laboratories International and Technical Systems Testing.

Slader graduated from the University of British Columbia with a bachelor’s degree in political science and international relations. She also holds a post-graduate diploma in Urban Studies from Simon Fraser University and a certificate in European Strategic Policy from Science Po Lille.

About MVB Financial Corp.

MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank’s subsidiaries, the Company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. For more information about MVB, please visit .

Forward-Looking Statements

MVB Financial Corp. has made forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, in this earnings release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as “may,” “could,” “should,” “would,” “will,” “plans,” “believes,” “estimates,” “expects,” “anticipates,” “intends,” “continues,” or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; inability to achieve anticipated synergies and successfully integrate recent mergers and acquisitions; inability to successfully execute business plans, including strategies related to investments in financial technology companies; competition; length and severity of the COVID-19 pandemic and its impact on the Company’s business and financial condition; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, as well as its other filings with the SEC, which are available on the SEC’s website at . Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. Contacts

MEDIA CONTACT Amy Baker VP, Corporate Communications and Marketing MVB Bank (844) 682-2265

INVESTOR RELATIONS Marcie Lipscomb (844) 682-2265

FIS is Building the Bridge to the Metaverse: Tips for the New Digital Frontier

Key facts At its annual FIS Emerald client event, FIS launched its metastore allowing attendees to get hands on experience with transactions in the metaverse. Initiative supports FIS’ leadership role in creating the bridge from physical to digital which includes working with cryptocurrency exchanges and all forms of money movement technology to enable shopping and other transactions.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--The metaverse is opening a new frontier of opportunities in the digital economy. As a financial technology leader, FIS ® (NYSE: FIS) is creating a bridge from physical to digital and looking to enhance customer experience for businesses that are innovating in this nascent market.

At its annual client event FIS Emerald 2022, FIS launched the FIS metastore, which brought the virtual metaverse world into a physical space to provide attendees with hands on experience with crypto and explore possibilities for new revenue streams and new customer experiences via the meta world. Through an in-person retail experience, Emerald conference attendees could purchase both physical items and limited edition non-fungible tokens (NFTs), all powered by Worldpay from FIS ® solutions.

“ With the FIS metastore, our goal was to show people the value and opportunities that the metaverse can bring for their businesses and what role FIS can play in global crypto digital exchanges,” said Himal Makwana, SVP, Head of Product Strategy and New Initiatives at FIS. “ As the metaverse grows, we are advancing our FIS offerings including crypto technology, expertise and services to clients that want to adapt their assets seamlessly into new digital experiences.”

Five Tips to Engage in the Metaverse 1. Ensure the metaverse is right for your business Take a step back and look at the big picture. Is this the right strategy for you and your customers? Building a good understanding of the use cases for the various platforms and how they might benefit your business is key to ensuring you take the right approach – with new development coming out on a regular basis, there’s always a new opportunity or use case to consider. 2. Meet your customers where they are in the metaverse Ask yourself, which metaverse platforms are your customers on, if any? Metaverse platforms haven’t reached mainstream adoption yet, so your customers are likely to be exploring several options, many of which have their own platform specific cryptocurrencies and some platforms with land for sale via better known blockchains such as Ethereum. 3. Accepting cryptocurrency will be essential for success Adoption of cryptocurrency is growing. People are starting to trade fiat currency for crypto or purchasing cryptocurrency directly. As the evolution of payments in the metaverse continues, you’ll want to create a strategy that works for your customers. Ensuring a fast, frictionless and easy to understand process is key to longer term adoption. 4. Keep up on the cutting-edge advancements in the metaverse to impact customer experience Especially in these early stages of metaverse development, it is important to stay up to date on the consumer experience. Staying abreast of new developments in the space is vital because innovations and new use cases might be the key to unlocking your potential in this sphere. 5. Be playful but cautious to stay safe in the metaverse Consider how your brand translates in the metaverse. Your clients will expect a totally new experience than how they interact with you across other channels. Understand the security, regulation, and behavioral standards within each metaverse platform to keep your customers safe in this new world.

FIS continues to invest in expanding its offerings for clients in the metaverse. Whether it is payments, digital wallets or trading in real-time, FIS is the trusted solution provider to leading crypto marketplaces across the globe including 4 of the top 5 cryptocurrency exchanges.

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor’s 500 ® Index. To learn more, visit . Follow FIS on Facebook , LinkedIn and Twitter ( @FISGlobal ). Contacts

Kim Snider, +1 904.438.6278 Senior Vice President FIS Global Marketing and Communications

CoinRegTech Announces Strategic Investment from BroadPeak Partners

K3 System Exclusively Licensed to CoinRegTech for Two Decades

NEW YORK--(BUSINESS WIRE)-- CoinRegTech , a leading provider of regulatory technology to the digital asset and virtual currency marketplace, today announced a strategic investment from BroadPeak Partners , a global leader in low-code data management with a focus on regulatory reporting for financial markets, by exclusively licensing its K3 System to CoinRegTech for twenty years. This license will expand the regulatory compliance services delivered by CoinRegTech to the digital asset and cryptocurrency markets.

CoinRegTech’s platform is designed to meet applicable regulations and support the compliance needs of market participants. CoinRegTech has a comprehensive understanding of digital assets, securities and commodities markets, and is a leader in helping central providers of digital assets comply with securities and commodities regulations.

“Unprecedented changes are happening in digital asset markets that will usher in a new era of investor protection as well as open a new chapter in the $612 trillion financial market,” said Bruce Tupper, CoinRegTech Founder and President. “CoinRegTech is uniquely positioned to support the compliance obligations of service providers and participants in this novel marketplace.”

“As a registered Alternative Trading System for digital asset securities, we have comprehensive reporting duties into the FINRA Repositories. CoinRegTech and the K3 System provide us with a best-of-class reporting solution,” said Pat LaVecchia, CEO of Oasis Pro Markets.

The ​​K3 System provides data preparation and system integration with no special coding skills to support regulatory flows. Its trading solutions include regulatory reporting, global position limits, exchange connectivity, and trade surveillance.

“Few have developed a better understanding of where regulations over digital assets are going than CoinRegTech. We are now marrying that expertise with the world-leading technology of the K3 System. A suite of regulatory products is ready to support the compliance needs of customers in the digital asset markets,” said Gordon Allott, BroadPeak Partners Founder and CEO.

The President's Executive Order calls upon Agencies to broadly review the risks associated with digital assets and cryptocurrencies. U.S. and international regulators continue to expand their oversight and enforcement of smart contracts, cryptocurrencies, and stablecoins. The SEC and CFTC have stepped up enforcement actions, and the SEC recently proposed a rulemaking that would bring messaging protocols under their oversight. During the next two years, the landscape will likely look entirely different and central providers who have a well-developed regulatory strategy will be market leaders.

About CoinRegTech

CoinRegTech is a regulatory technology for digital assets and virtual currency. Founded by Tupper along with an experienced team including Virginia Persons (CFO and Co-Founder) and Patrick McCarty (Senior Policy Advisor and former CFTC General Counsel). Luis Aguilar (Former SEC Commissioner 2008-2015) will be joined by Gordon Allott (Founder and CEO of BroadPeak Partners) on the Advisory Board. The U.S. Patent and Trademark Office issued a patent (No. 8,005,743 Tupper et al.) for the confirmation system and methods established by Mr. Tupper. CoinRegTech operates independently from execution platforms, custodians, and market participants. For more information, visit .

About BroadPeak Partners

BroadPeak Partners is a global leader in low-code data management and the developer of the K3 System. This system provides a visual ETL data preparation, integration and orchestration platform, without client-side code. The platform is intuitive and requires no special coding skills to craft powerful data flows to and from files, applications, databases, or data warehouses. For more information, visit . Contacts

Sarah Thorson 609-234-8531

N3TWORK Studios Secures $46M in Series A Funding Led by Griffin Gaming Partners to Bring Great Games to Web3

Led by Veteran Game Makers, N3TWORK Will Bring Deep Experience in Game Design, Operations and Scaling to Launch Meaningful Blockchain Game Experiences

SAN FRANCISCO--(BUSINESS WIRE)--N3TWORK Studios, a developer and publisher of blockchain games, made up of veteran game developers, has closed $46 million in a Series A financing round led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, and N3TWORK, Inc. As part of the financing, Griffin Gaming Partners’ Peter Levin will join the Board of Directors. The funding will help further the development and launch of the studio’s first two web3 titles, Legendary: Heroes Unchained and Triumph .

“ We're a group of passionate veteran game makers who see a generational opportunity to leverage our expertise building and operating free-to-play games to create authentic web3 experiences that can reach audiences of millions of players,” Matt Ricchetti, President of N3TWORK Studios. “ We believe in a future where game economies are more open and players own the assets they earn and purchase. Reaching that future will require both expanding the core crypto gaming audience and demonstrating to the massive mobile free-to-play audience that web3 is a clear value-add to their gaming experience.”

N3TWORK Studios was formed in January 2022 from the games team of N3TWORK Inc., after Forte’s acquisition of the N3TWORK platform. The team is made up of more than 60 industry veterans — from companies including EA, Kabam, Zynga, Glu, GREE, Scopely, Machine Zone, Warner Brothers and Disney — who have built and operated many successful live service titles. N3TWORK Studios will employ its experience in free to play games as a key advantage to change the scale of audience impact. The company’s capabilities will be leveraged to expand the crypto games audience and to deliver game experiences that show the largest game audiences in the world that web3 will benefit players of all types. In order to power its games and economies, N3TWORK is partnering with Forte, a leading blockchain technology solutions company.

" Web3 is a paradigm shift and will be a massive games market expander,” said Peter Levin, Managing Director of Griffin Gaming Partners. " Mobile games and free-to-play reshaped the gaming landscape years ago, and the imaginative minds who led that shift are best positioned to apply the innovative thinking necessary to change the way we play again. N3TWORK Studios has the proven track record and knowledge base to fully realize this potential.”

N3TWORK Studios is approaching the space from two angles: fully crypto native games and a hybrid of free-to-play and web3. Legendary Heroes Unchained is a crypto native title, a play-and-earn RPG based on the popular Legendary: Game of Heroes IP, that will be built from the ground up in partnership with its community. Triumph is a deep, yet accessible real-time multiplayer RPG with an innovative economy that offers a hybrid of free-to-play and web3, designed to appeal to the mobile mass market.

LionTree served as exclusive financial advisor to N3TWORK Studios on its funding round.

About N3TWORK Studios

N3TWORK Studios is a newly formed gaming studio whose mission is to create incredible experiences in, on, and around the blockchain. Made up of seasoned game developers, the studio is rethinking how games are built, operated, marketed and financed in the wake of breakthrough web3 technology. N3TWORK Studios is working on a diverse portfolio of multiplatform titles, including its upcoming Legendary Heroes Unchained and Triumph .

About Griffin Gaming Partners

Griffin Gaming Partners is one of the world’s largest venture capital firms singularly focused on the global gaming market with over $1B AUM. The firm was founded by Peter Levin, Phil Sanderson, and Nick Tuosto, with LionTree as a strategic partner to the Fund. Griffin invests globally in seed through growth stages in both content and infrastructure companies such as SuperTeam Games, Forte, WinZO, Overwolf, Discord, AppLovin, Tactile, Spyke Games, Neon, DeHorizon, and Palm. For disclaimers and more information: Contacts

Jeremy Long

Video Streamer Clix Inc. and Wall Street Pros Team Up to Help Consumers “Get Savvy, Get Rich”

LOS ANGELES--(BUSINESS WIRE)-- #ClixNajarian --Clix Inc., the leader in consumer guidance for what to watch across all streaming platforms, today announced a strategic partnership with veteran Wall Street professionals who are committed, in this time of economic turmoil, to helping viewers “learn to earn.” Wall Street pros Marc LoPresti, along with Pete Najarian, and Jon Najarian (who traded NFL defensive careers for offensive options, crypto and stock trading success) are teaming up with Clix to create and distribute a series of consumer financial shows under the banner “Get Savvy, Get Rich.”

The CNBC regulars and partners in Market Rebellion, along with financial industry veteran LoPresti are producing original shows including “Crypto Convo,” “CEOs at the Nasdaq,” and “The Disruptors” (coming soon). Clix will market, distribute, monetize and showcase this unique financial content across, Clix mobile apps and the Clix linear video channels on Over The Top (OTT) platforms and Smart TVs. Clix reaches 120 million OTT television homes and streams on over 80 channels including Roku, Apple TV, Amazon Fire TV, Box One, LG Smart TV and all Plex TV channels. The streamer also reaches more than 100 million online viewers monthly.

“You’ll see and hear from leading entrepreneurs building the next unicorn poised to turn TradFi (traditional finance) upside down,” said Jon Najarian, ex-Chicago Bear who along with brother Pete (ex-Tampa Bay Buccaneer and Minnesota Viking) regularly appears on CNBC’s “Halftime Report,” “Overtime,” and “Worldwide Exchange” discussing market moves, options trading and the emerging world of crypto, blockchain and the metaverse.

“As entrepreneurs and founders of Clix Inc. our team is excited to learn about the next great wave of company leaders and we’re thrilled to bring the combined wisdom - as well as blocking and tackling knowledge - of the Najarian brothers and LoPresti to our fast-growing community of video entertainment consumers,” said Clix CEO and Founder Ed Sullivan. “As Pete would say about his high-flying stock picks, 'Giddy-Up!'”

Adds Clix co-founder and Chief Marketing Officer Stacy Jolna, “Jon, Pete, and Marc are among the best in the business and their mission to partner with Clix to make sense of the marketplace chaos in a clear and entertaining way is both refreshing and critical to our consumers.”

“Collectively, the three of us have about 100 years on Wall Street,” said Pete Najarian, known as “the Pit Boss.” “Now we’re committed to bringing our experience to Clix viewers to help them become more financially independent; to ‘learn to earn’ in these volatile financial markets.”

“In addition to sharing Jon and Pete’s amazing market insights, this programming will help viewers understand the exploding crypto sector and take them behind the scenes in the closed-door world of venture capital,” said LoPresti, who along with Jon also runs Moneta Advisory Partners LLC.

The partners put their new mission into contemporary context: “The global pandemic caused people around the world to consider turning their ‘side hustle’ into their job, to try becoming entrepreneurs,” LoPresti said.

Adds Jon, “We will bring you the financial technology winners and business leaders who turned their passions into business-reality. To join us, just click on Clix. Bang!”

For more information: visit

Clix Leadership Team

Edward M. Sullivan is Clix founder and CEO. He is a recipient of multiple Emmy Awards and Telly’s for his entertainment industry marketing and branding as head of Pittard-Sullivan, which launched and re-launched over 200 channels worldwide, including CBS, ABC, Fox, HBO, Discovery Communications, and DirecTV. Sullivan was a catalyst in driving viewers to specific programs and networks for distributors, studios, content creators, and advertisers. His company also worked closely with Jolna on developing the brand and network-like interface for personal video recorder company TiVo and Microsoft’s WebTV.

Stacy Jolna , founder and Chief Marketing Officer, is the recipient of multiple News & Documentary Emmy Awards, the Cannes Lion and the Peabody Award. He has stood at the crossroads of media and technology for three decades. As a founding executive team member of TiVo, another successful industry disrupter, Jolna helped propel the company from concept to successful IPO and billion dollar market capitalization. He served as Chief Marketing Officer building the iconic TiVo brand and running point on investments by nearly every major media company. He served as SVP and General Manager of News Corp/TV Guide’s Digital TV Group. A successful broadcast journalism executive prior to going digital, at Time Warner/CNN he was Senior V.P. and Senior Executive Producer for Special Reports and launched award-winning “CNN Presents.”

Patricia Sullivan , founder and Chief Creative Officer, is an award-winning entertainment industry entrepreneur who built several production and post-production companies from concept to multi-million dollar exits. A veteran Hollywood producer, her innovative productions helped launch networks and TV shows globally. Patricia has created movie trailers driving opening weekend box office revenues beyond the $100 million mark for studios such as Disney. Patricia’s work has been honored with top awards including ATAS (Emmy), NY Film Festival, Monitor, Belding, BDA, Houston Film Festival, Gracie and Telly.

Bill Bradham , founder and Business Development Officer, leads Investors Relations for Clix. He is a veteran business advisor and strategist, successfully counseling over 250 small, medium and large companies. Counseling Protron Electronics, the Company drove revenues of $800 million in worldwide sales in its first fiscal year. Proficient in knowledge of how to grow a company's business via effective market research, marketing, branding and sales programs, Bill builds teams, negotiates and raises funds. Bradham has negotiated over $13 billion in business contracts, raised over $600 million for various business ventures, and over $130 million for various national charitable causes.

About Clix, Inc.

Clix is a multi-platform streaming company at the intersection of entertainment, technology and e-commerce. It is free and reaches 120 million digital television homes, and streams to more than 100 million online viewers monthly. It has distribution on every screen for mobile, web and home consumption: along with the company’s web, iOS and Android distribution. Clix is carried on over 80 long-form linear channels on Roku, Apple TV, Amazon Fire TV, IMDb TV, Box One, LG Smart TV, and all Plex TV channels. It features original entertainment, lifestyle, humor and sports programming from award-winning producers as well as emerging talent. Clix features social media influencers, celebrity athletes, chefs, comedians, eSports commentators, adventurers, and more. Its range of content spans Hot Trends, Extreme Sports, Fashion & Lifestyle, Travel & Adventure, Funny, Food & Wellness, Fitness, Kids Stuff, and more. Clix is also a promotional champion of top series and movies on major streaming platforms, making it simpler for viewers to find what they want to watch and subscribe to leading streaming services. Clix is also a promotional venue for theatrically released feature films. Clix is an immersive, direct-to-consumer brand experience where viewers can watch, shop and earn Clix cash rewards redeemable for brand products or for charities they support. Contacts

Debra Sharon Davis President Davis Communications Group, Inc. Mobile: 818 519 2089 Office: 818 710 8198

Chia Network Joins the Blockchain Association to Amplify Policy Efforts

SAN FRANCISCO--(BUSINESS WIRE)-- Chia Network Inc. (“Chia” or the “Company”), founded by Bram Cohen to provide an open source public blockchain optimized for real-world adoption, today announced its membership in the Blockchain Association , a member-led industry association supporting future-forward and pro-innovation policy and regulatory frameworks for blockchain and the crypto economy.

Chia seeks to serve as a compliant infrastructure for the future of finance, and together with the Blockchain Association, build regulatory and institutional trust through demonstrated security, sustainability, equitable access, and inclusivity. The speed and breadth of adoption of blockchain technology and cryptocurrency highlight the necessity of mutual education, meaningful dialogue and collaborative efforts with policymakers. The industry comprises a broad set of organizations, each focused on their respective work and needs – the Blockchain Association provides a valuable forum for alignment and a central locus of external representation.

Through its membership, Chia will participate with the most prominent industry coalition in regulatory analysis and insight, and gain a platform to amplify the continued growth, development, and application of the Chia blockchain and technologies. Additionally, Chia will continue to represent the needs of its farmer and developer communities within the industry and to regulatory stakeholders.

“We’re stewarding one of the most decentralized blockchain networks and communities in the world, and we believe it’s incumbent upon us to provide education and input to policymakers from an industry perspective and equally important to solicit feedback,” said Gene Hoffman , President and Chief Operating Officer of Chia Network. “We’re driving real-world use cases with our technology, initially serving multilaterals focused on Climate Finance, and the Blockchain Association provides a platform to connect with industry peers and policymakers. The future of global finance is being created, regulated, and litigated today – and our work together ensures Chia’s voice is heard.”

“We are pleased to welcome Chia Network as a member of the Blockchain Association,” said Kristin Smith , Executive Director of the Blockchain Association. “Chia is leveraging new innovations in blockchain technology to build a network optimized for the future of finance. Chia’s commitment to security and sustainability in the development of its open source network make it a significant addition to our unified industry voice.”

About Chia Network

Chia Network built a better blockchain to drive real-world use and application. Founded by Bram Cohen, inventor of BitTorrent, Chia provides a secure, sustainable and regulatory compliant blockchain setting the standard for the infrastructure of digital currency and inclusive access to global, decentralized finance. Through the innovative Proof of Space and Time consensus algorithm, Chia Network’s public, open source blockchain leverages hard drive space to create the first new Nakamoto Consensus since Bitcoin in 2009.

For more information, visit: Contacts

Media Contacts: FTI Consulting Dan Margolis & Parveen Singh E:

IR Contacts: Gretchen Lium Head of Investor Relations E:

Xago, Innovative Crypto Fintech Based in South Africa, Announces XUS Supporting the US Dollar

CAPE TOWN, South Africa--(BUSINESS WIRE)-- #Africa -- Xago Technologies (Pty) Ltd. in CAPE TOWN, South Africa, announces the launch of Xago XUS which supports the US dollar, empowering clients to deposit and payout funds, with US dollars and USDC via the Xago platform.

Founded in 2016, Xago enables business and individual clients to send money instantly, at a fraction of the cost of traditional operators, all with the certainty that the transaction is highly secure, compliant, and knowing exactly when it arrives at its payout point.

“ Countries in Africa are the poorest globally , yet individuals are being charged the highest international money transfer fees with up to 14.5% in South Africa as a prime example. Xago is committed to developing innovative, faster than-ever-before, low cost transaction and trading capabilities, bringing certainty to our clients at a time when the world is still reeling from the costs of the Covid pandemic. We are proud to announce the launch of the XUS stable coin which enables our clients from all over the world to transact with US dollars. The funds will now arrive at its destination in a matter of hours, not days, and for far less cost than even the global average of just over 6%. This is a first of many new stable coins to become available on Xago’s platform,” confirms Mark Chirnside, CEO and Co-founder of Xago.

XUS is also available on Xago’s revolutionary mobile app, of which a new version was released recently . The app was developed with advanced (future generation) neuromorphic computing technologies to simulate human recognition to protect clients from any possible fraudulent activity. A world-first.

About Xago Technologies (Pty) Ltd.

Banks, eCommerce platforms, retailers, mobile operators, crypto exchanges, commodity companies and international business owners partner with Xago to transfer money into and out of Africa rapidly, securely, compliantly, cost-effectively and with CERTAINTY. Xago is audited by Mazars, our executive team works with the South African Financial Regulators (the IFWG) and has championed fair regulation of the crypto industry since inception. Xago harnesses the power of mobile, retail networks and blockchain technology in playing a crucial role to transform the payment industry by bypassing traditional payment costs and delays, with a focus on empowering people in Africa. Contacts

For more information, please contact: Cheridan Inglis Chief Marketing Officer

Signature Bank Launches New National Business Line With Appointment of Healthcare Banking and Finance Team

Nine Seasoned Banking Professionals Comprise New Private Client Banking Team to Serve Healthcare Industry

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the launch of a new business line with the appointment of a nine-person Healthcare Banking and Finance (HBF) team. The new private client banking team will provide lending services while garnering deposits to clients within the healthcare arena.

Leading the new business and HBF team is Matthew T. Huber, recently named Senior Vice President and Managing Group Director. In this capacity, Huber will oversee all aspects of the HBF team, including managing the team’s pipeline and banking activities and building a healthcare-related portfolio spanning both lending and deposit clients.

The HBF team is focused on serving for-profit and non-profit companies which provide a range of healthcare services as well as senior housing owners and operators, hospitals, large physician practices, ambulatory surgery centers, drug and rehabilitation facilities, skilled nursing homes and facilities offering independent living, assisted living and memory care and continuing care retirement communities.

Huber brings 25 years of healthcare banking and finance experience to his new role. During the course of his extensive career, he developed a specialty niche in healthcare banking. Most recently, he was Market Manager, Healthcare Finance at People’s United Bank until it merged with M&T Bank. He managed and oversaw the healthcare finance business vertical, serving clients throughout New England and the Mid-Atlantic market. Prior to that, he was Director, Healthcare Enterprise Strategy – Commercial Segment at Key Bank, N.A., in Syracuse, N.Y. He spent seven years as Senior Director and Division Manager – Commercial Healthcare Group at First Niagara Bank, also in Syracuse and was Senior Vice President and Regional Manager, Real Estate Capital Healthcare Group at Key Bank, N.A., in Cleveland, Ohio.

Joining Huber’s team are several seasoned banking professionals who also previously worked at People’s United Bank, including: Walter Unangst, named Senior Vice President and Group Director at Signature Bank, was formerly Senior Vice President and Senior Relationship Manager Ken Jamison, appointed Senior Vice President and Group Director, was Senior Vice President, Market Manager of Capital Markets Patricia Quint, now Senior Vice President and Group Director at the Bank, was Market Manager of Commercial Deposit Services Ryan Zyskowski, appointed Vice President and Relationship Manager, was Vice President-Relationship Manager Liam Ryan, a Vice President and Loan Portfolio Manager for Signature Bank, was Vice President-Portfolio Manager Kristin Maier, named Assistant Vice President and Associate Loan Portfolio Manager, was Assistant Vice President-Portfolio Manager

Additionally, other appointments to the team include Doreen Schafer, appointed Vice President and Loan Administration Manager. She was a Vice President, Senior Loan Closer at KeyBank prior to joining the Bank; and Eric Halpern, named Senior Vice President and Group Director, held the role of First Senior Vice President, National Head of Healthcare at Bank Leumi USA.

“Signature Bank had been seeking the right opportunity to enter the healthcare banking and finance space for years. Healthcare is a continually evolving and everchanging industry, as baby boomers come of age, people live longer and medical technology advances. All this places an even greater demand for healthcare services, thereby elevating the opportunity for broader lending and finance services. We identified what we believe to be a tremendous and persistent need for commercial healthcare finance nationwide. The time is right, and we welcome Matt and his team as they all bring deep healthcare banking and finance expertise to the Bank as we launch this new national business line,” said Joseph J. DePaolo, Co-founder, President and Chief Executive Officer at Signature Bank.

Huber commented on his new position and the Bank’s formation of its HBF business line: “Signature Bank was looking to develop a de novo healthcare group with the type of specialty my team possesses. The way in which the Bank is structured -- in terms of its focus on relationship-based banking and its single-point-of-contact approach -- was both very impressive and attractive to our team. Furthermore, the entrepreneurial model is enticing for those of us with strong client relationships and solid credit skills. The working culture of the Bank promotes balanced autonomy while also fostering significant opportunities for growth. We are looking forward to the contributions the HBF team will make to the continued success of Signature Bank.”

About Signature Bank

Signature Bank (Nasdaq: SBNY), member FDIC, is a New York-based, full-service commercial bank with 38 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California and North Carolina. Through its single-point-of-contact approach, the Bank’s private client banking teams primarily serve the needs of privately owned businesses, their owners and senior managers.

The Bank has two wholly owned subsidiaries: Signature Financial, LLC, provides equipment finance and leasing; and, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC, offers investment, brokerage, asset management and insurance products and services.

Since commencing operations in May 2001, Signature Bank reached $121.85 billion in assets and $109.16 billion in deposits as of March 31, 2022. Signature Bank placed 19 th on S&P Global’s list of the largest banks in the U.S., based on deposits at year-end 2021.

Signature Bank was the first FDIC-insured bank to launch a blockchain-based digital payments platform. Signet™ allows commercial clients to make real-time payments in U.S. dollars, 24/7/365 and was also the first solution to be approved for use by the NYS Department of Financial Services.

For more information, please visit .

This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous risks and uncertainties relating to our operations and business environment, all of which are difficult to predict and may be beyond our control. Forward-looking statements include information concerning our expectations regarding future results, interest rates and the interest rate environment, loan and deposit growth, loan performance, operations, new private client teams’ hires, new office openings, business strategy and the impact of the COVID-19 pandemic on each of the foregoing and on our business overall. Forward-looking statements often include words such as "may," "believe," "expect," "anticipate," "intend," “potential,” “opportunity,” “could,” “project,” “seek,” “target,” “goal,” “should,” “will,” “would,” "plan," "estimate" or other similar expressions. As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions that could cause actual results to differ materially from those in the forward-looking statements and can change as a result of many possible events or factors, not all of which are known to us or in our control. These factors include but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan demand, real estate values and competition, any of which can materially affect origination levels and gain on sale results in our business, as well as other aspects of our financial performance, including earnings on interest-bearing assets; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially affect charge-off levels and required credit loss reserve levels; (iv) changes in monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; (v) changes in the banking and other financial services regulatory environment; (vi) our ability to maintain the continuity, integrity, security and safety of our operations and (vii) competition for qualified personnel and desirable office locations. All of these factors are subject to additional uncertainty in the context of the COVID-19 pandemic and the conflict in Ukraine, which are having impacts on all aspects of our operations, the financial services industry and the economy as a whole. Additional risks are described in our quarterly and annual reports filed with the FDIC. Although we believe that these forward-looking statements are based on reasonable assumptions, beliefs and expectations, if a change occurs or our beliefs, assumptions and expectations were incorrect, our business, financial condition, liquidity or results of operations may vary materially from those expressed in our forward-looking statements. You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties come up from time to time, and we cannot predict these events or how they may affect the Bank. Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made. Contacts

Investor Contact : Brian Wyremski, Senior Vice President and Director of Investor Relations and Corporate Development 646-822-1479,

Media Contact : Susan Turkell Lewis, 646-822-1825,

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania

LONDON & VILNIUS, Lithuania--(BUSINESS WIRE)--Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a partnership with FINCI , the Lithuanian online international money transfer provider, to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages XRP for crypto-enabled cross border payments.

FINCI is Ripple’s first customer in Lithuania and the partnership represents the opening up of a new market for Ripple’s ODL. As a result, the partnership will enable FINCI’s customers to make seamless payments between Europe and Mexico while eliminating the need for FINCI to pre-fund accounts abroad, giving them the opportunity to return capital into their business.

Cross-border payments are a challenge for payments service providers (PSPs) and Small and Medium-Sized Enterprises (SMEs) who are left prefunding accounts and managing trapped capital. By using ODL, SMEs can now leverage previously trapped, pre-funded capital to grow and scale their business.

Together, the two leading fintechs will make it easier than ever for consumers and businesses to make real-time payments internationally powered by Ripple’s financial technology, RippleNet. With FINCI’s technology, its customers now have an alternative to legacy payments systems and can make remittances and send funds across borders faster, more reliably, and at lower cost.

“We’re excited to be working with Ripple to make it easier for FINCI customers to move money around the world. We share the same fundamental goal of removing the hidden inefficiencies affecting international payments. What’s more, the savings and operational improvements we’ll achieve by using Ripple’s ODL will allow us to put money back into the business and enhance our offering to our customers,” said Mihails Kuznecovs, Chief Executive Officer, FINCI .

“Cross-border payments have traditionally been slow, complex and unreliable. ODL is the first enterprise-grade solution to address these cross-border payment problems by tapping into global crypto liquidity, giving our customers a completely new way of doing business to help them grow and scale. We’re delighted that FINCI is our latest ODL deployment in Europe and are looking forward to soon announcing additional European partners who are preparing for a crypto-enabled future,” said Sendi Young, Managing Director, Europe, Ripple .

Demand in Europe for Ripple’s products remains extremely strong. According to Ripple’s New Value research , 70% of respondents at financial institutions in Europe think blockchain will have a massive or significant impact on their business in the next 5 years, while 59% of respondents are interested in using blockchain for payments. Lithuania has been particularly forward-thinking when it comes to embracing digital assets, with its central bank being the first in the eurozone to issue a central bank-produced digital coin.

Ripple was the first enterprise company to leverage crypto to tackle the trillion dollar challenges with cross-border payments. Ripple is the market leader in blockchain and crypto enterprise solutions and continues to see unprecedented growth globally, as customers continue to grow and scale with ODL. In 2021 Ripple had its most successful year to date, more than doubling the number of transactions on RippleNet. RippleNet’s annualized payment volume run rate now stands at $15B.

RippleNet leverages blockchain technology to help partners across a global network accelerate their business performance and scale. It delivers a superior end-customer experience, simplified network partnering, liquidity management solutions, lines of credit, and state-of-the-art infrastructure to enable real-time payments.

Ripple’s ODL now enables payouts in 25 payout markets including Singapore, Malaysia, Poland, Indonesia and Thailand. FINCI joins companies including Azimo, Novatti, FlashFX, iRemit, Tranglo, SBI Remit, Pyypl and more who are realising the benefits of ODL for their business and customers.

About Ripple

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective - solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet - increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.


FINCI is a fintech company offering a range of financial services for private and business customers, across 29 countries. With a Mastercard-powered debit card, and intuitive app on iOS and Android, customers can easily send and receive payments from around the world, and in multiple currencies. And through the development of AI, machine learning and other technologies, FINCI plans to make people’s day-to-day financial life even faster and easier. Contacts

Ian Burge