Verofax Limited, an Asset Digitization and Traceability solutions provider, today announced closing a $1.5M pre-Series A round by international investors led by Benson Oak Ventures, with 500 Startups, Wami Capital and Vernalis Capital completing the group.
Verofax utilizes patented technology incorporating Blockchain, Augmented Reality and Artificial Intelligence to provide ‘Traceability as a Service’, enabling brands to turn their offline products interactive, and manage their entire supply chain to trace goods, fend off counterfeit activities, and improve manufacturers’ productivity. Brands can extend their reach directly to end-consumers, thereby increasing consumer intimacy with direct engagement, and leveraging the boom in NFTs and metaverse experiences.
The funds will be used to expand the Company’s sales and marketing activities on a global level, ahead of a planned Series A round later in 2022. Verofax solutions are applicable to a wide range of industries (Retail and CPG) and are already used by leading brands such as Anheuser Busch Inc. Verofax is a Microsoft Gold partner, and has secured a global network of distributors and resellers, and co-selling on enterprise solution platforms including Microsoft Appsource, Amazon AWS and Ant Group Antchain.
Wassim Merheby, CEO of Verofax, said: “Our solution helps brands turn their products into a direct-to-consumer communication channel and deliver amazing experiences to drive growth and boost loyalty while also promoting greener product choices and ESG auditability. Verofax also helps turn give-aways into collectible and tradeable NFTs, interoperable across several metaverse environments. We are thrilled to be joined by investors that will help accelerate our growth trajectory through their collective expertise, network, and leadership.”
Robert Cohen, Managing Director of lead investor Benson Oak Ventures, said: “We have a very specific investment thesis that brands will leverage Web 3 & NFTs to reinvent their engagement & business models with consumers, creating entirely new service categories. Verofax has demonstrated early product market fit, leveraging its proprietary technology to sell its Traceability solution to many different types of brands and help them navigate this new world. We have been incredibly impressed by Wassim and the whole Verofax team, and thrilled to be making this our first investment in the UAE.”
Chetan Mehta, CEO of Wami Capital, said, “Verofax Blockchain-based traceability and validation solution empowers brands in the consumer goods and retail industry to promote sustainable products and allows consumers to choose greener brands and enjoy immersive experiences. Verofax traceability prevents counterfeiting in the supply chain across pharmaceutical, manufacturing, consumer, retail and logistics. We look forward to working with Verofax team to accelerate the adoption of their solution across our ecosystem.”
About Verofax
Verofax is a blockchain-enabled Asset Digitization and Traceability solution provider with a presence across North America, Europe, Asia and MEA regions. Verofax’s solution is available across multiple cloud environments, helping businesses transform its physical products to interactive, and enable meaningful engagements with immersive user interfaces. For technical matters, visit Verofax at https://www.verofax.com or contact info@verofax.com.
About Benson Oak Ventures
Benson Oak, with a new office in Abu Dhabi, is a venture capital firm with 20 years experience in Europe, the US and the Middle East, with an increased focus on Web3 and ‘passionware’ – where everyone is a business. Investments have included Internet security leader AVG, video marketing platform Promo.com, crypto wallet ZenGo and HCM platform Harri. http://bensonoakventures.com.
About Wami Capital
Wami Capital, a single-family fund, focuses on supply chain activities of the Transworld Group. https://wamicapital.com.
About 500 Startup Sanabil MENA Fund
500 Startups (500), one of the most active global early stage venture capital firms, has partnered with Sanabil Investments, a financial investment company focused on global private investments in venture capital, growth and small buyout. This follows the recent announcement of the establishment of 500 Startups’ new MENA regional headquarters in Riyadh. https://ecosystems.500.co/sanabil500accelerator.
About Vernalis Capital
Vernalis Capital is the family-owned investment company of Bala Chandra, founder of Vernalis. Vernalis Capital believes in providing entrepreneurs strategic leverage and seeks to build an ecosystem of synergistic companies which helps entrepreneurs pursue their own vision and goals while being supported wherever required. With a strong global network of partners and alliances, Vernalis Capital opens access to global managerial talent and mutually beneficial networking opportunities. https://www.vernaliscapital.com.
Category: Technology
SAWA Crypto Fund Syndicate Protocol is Giving Investors Access to Seed Rounds with Minimum Investment
SAWA Crypto Fund Syndicate Protocol, the brainchild of Private Launch Crypto Venture and a transparent and safe way of participating in a public sale, has announced its decision to offer investors access to seed rounds with minimum investment. The company is designed to give prospective investors early access to fundamental projects, setting them on the path of becoming venture investors of top crypto projects.
SAWA Crypto Fund Syndicate Protocol dispels the need for investors to search for projects, accounts, and nodes, it simply offers them early-stage access to protocols at an initial price.
While there are a plethora of similar brands, they require users to deposit enormous sums to get an allocation of emerging projects. Recognizing this major sticking point, SAWA Crypto Fund Syndicate Protocol analyzes a project’s prospects for return on investments before recommending it to investors.
In the last couple of years, the crypto market has witnessed a remarkable surge in interest and adoptions, from the integration of crypto into PayPal to the streamlined facilitation of crypto-fiat payments, and most recently, the incorporation of digital assets into classic brokers. With the market being diversified, Private Crypto Venture, through the launch of its product aims at introducing the possibilities of the crypto market for protocols that collect funding including, but not limited to, non-cryptocurrency projects, thus giving ordinary people an equal opportunity to invest.
Citing Kraken exchange as an example of a platform that makes available numerous opportunities for large capital investors while offering ordinary investors limited opportunities, thereby creating an imbalance in demand. SAWA Crypto Fund Syndicate Protocol seeks to balance this by offering both large and small capital investors access to an array of opportunities with little investment required. It also aims at offering these prospective investors opportunities in NFTs, DeFi, GameFi, metaverse, and blockchain companies.
Integrating a smart contract that will provide transparency and reliability and the introduction of experienced analysts, this company will try to offer a balanced investment opportunity for all kinds of investors.
About Private Launch Crypto Venture
A company designed to eliminate the imbalance synonymous with the investment market where only large capital investors get access to most emerging projects with prospects, Private Launch Crypto Venture, through the SAWA Crypto Fund Syndicate Protocol – a decentralized project on the ERC-20 network, aims at offering equal opportunities to everyone. Dispelling geographical restrictions, middlemen, and gatekeepers, this company tries to direct investors into buying shares or tokens of a blockchain-based project at the early stage for the initial price.
Social Links
Medium: https://medium.com/@CFS_Protocol
Twitter: https://twitter.com/sawaprotocol?s=11
Discord: https://discord.gg/6FRCPVrk
Telegram: https://t.me/cfsprotocol
Media Contact
Marsel Botashev, Founder
SAWA Crypto Fund Syndicate Protocol
Email: marsel_botash@sawacrypto.com
Website: http://sawacrypto.com/
The Parallel Livestreams the Super Listing Event – A World-Class Event with Cutting Edge 3D, AR & VR Technology on More Than 30 Social Channels
The Super Listing Event of The Parallel will be livestreamed on Parallel official website www.theparallel.io on December 28th at 13:00 UTC, and simultaneously broadcast on The Parallel’s official YouTube, Facebook and Telegram channels, Coincu Youtube channel and as well as dozens of our partners media channels.
Following IDO events carried out by prestigious LaunchPads including Seedify, KrystalGo, Starpunk & Launch Verse, The Parallel Token ($PRL) will be listed on PancakeSwap and KyberSwap. The Super Listing Event is not only a huge milestone of The Parallel but also a world-class experience that never happened in the Crypto industry which will reveal the exact listing time of the PRL on Pancake Swap & Kyber Swap. The creative and marketing teams want to set a new standard in GameFi marketing quality, promising to make the events full of technologically rich promo content utilizing AR, VR, and 3D technology. The Parallel aims to lead the metaverse by example and wants its audience to feel complete immersion in the Metaverse experience. From now until this the Event, a series of Super Airdrops with a total of 55,000 PRL have been organized to increase the interaction with the community.
The Parallel raises 4.3 million and shows promise for the boundless growth of a GameFi metaverse
Merely a whisper 30 days ago, The Parallel now stands to become an unstoppable force in GameFi Metaverse evolution. With the completion of their modest fund raising rounds, The Parallel clocked in at 4.3 Million to close out this important milestone and now sets their sights on a much anticipated IDO and phase 1 release.
VCs Join the Parallel on a Long and Prosperous Journey.
The Strategic round for The Parallel is being Co-led by Kyber Network and Signum Capital. This co-lead brings with it enormous synergy between two huge names in the Crypto and GameFi space. Furthermore, they have completely committed to providing maximum value-add contributions through all stages of the project’s journey. Coincu Ventures is also the strong backer which supports The Parallel in media, global KOLs and expands the communities.
With this major milestone concluded, The Parallel is extremely confident in its mission to pursue the creation of the ultimate ecosystem that will naturally evolve into an infinite Metaverse.
Great Minds Think Alike
Advisors are a vital component to The Parallel’s long-term success. As such, the team has expanded its advisory panel with the priceless addition of Harry Holmes and Santiago R. Santos.
Harry Holmes is an NFT gaming entrepreneur with experience spanning back to the first Sony playstation and currently the CEO Magicave. Santiago R. Santos, an earlier addition to the team, is a prominent name in the crypto-blockchain world who has supported countless successful and innovative projects. He specializes in crypto-financial theory and gaming theory.
With the support of its current and growing list of phenomenal advisors, The Parallel’s foundation strengthens and success gravitates toward certainty.
Social Links:
Facebook: https://www.facebook.com/theparallel.io/
Media Contact
Company name: Parallel World PTE LTD
Contact person: Mr. Dau Ngoc Huy
Contact person title: Creative Director
Company Email: contact@theparallel.io
Website: https://theparallel.io
SOURCE: Parallel World PTE LTD
Hatten Land Signs Comprehensive Collaboration Agreement with Huawei
SGX Catalist-listed Hatten Land Limited (“Hatten” or the “Company” and together with its subsidiaries, the “Group”) is pleased to announce that its wholly-owned subsidiary Hatten Edge Pte. Ltd. (“Hatten Edge”) has entered into a Comprehensive Collaboration Agreement (“CCA”) with global leading information and communications technology (ICT) provider Huawei International Pte. Ltd. (“Huawei International”).
Highlights:
– Utilising their respective capabilities in technology, operational resources and business networks, Huawei and Hatten will jointly explore and develop business opportunities in key areas such as Cloud Computing, Virtual World solutions, Digital Entertainment, Data Centres, Renewable Energy, Fintech Infrastructure, among others
– The partnership is a testament of Hatten’s ongoing efforts and commitment in its strategic pivot and it will be another important catalyst to accelerate its digital and blockchain business ventures
– Huawei endeavours to share its world-class expertise and cutting-edge technology in cloud and enterprise intelligence with Hatten to co-design and co-market innovative cloud products and services, including gaming cloud solutions
– Through this partnership, Hatten will focus on the joint development of eco-friendly data centres in Melaka to support Hatten’s ongoing digital initiatives and cater to the surging demand of data centres from cloud service providers in the region
– Both companies will also endeavor to develop large scale solar facilities and other renewable energy opportunities in the region that will be managed by the Group
Under the CCA, both companies will jointly explore and develop opportunities in cloud computing and enterprise intelligence, renewable energy, data centres, fintech infrastructure in Melaka and the region by utilising their respective capabilities in technology, operational resources and business networks.
Due to the fast-paced digital transformation and impact of the pandemic, Southeast Asia has seen phenomenal growth in digital entertainment, including the gaming and esports sector of which the Malaysian gaming market alone is expected to show an annual growth rate (CAGR 2021-2026) of 9.60%, resulting in a projected market volume of US$676m by 2026. Tapping on the high growth and profitability potentials of the digital entertainment industry, Huawei endeavours to share its world-class expertise and cutting-edge technology in cloud and enterprise intelligence with Hatten to co-design and co-market innovative cloud products and services, including gaming cloud solutions. Currently, HUAWEI CLOUD is one of the world’s fastest growing major cloud service provider.
Likewise in the cloud computing sector, the Southeast Asian cloud market is expected to reach US$40.32 billion by 2025. The Hatten-Huawei partnership will also focus on the joint development of eco-friendly data centres in Melaka to support Hatten’s ongoing digital initiatives and cater to the surging demand of data centres from cloud service providers in the region.
In addition, both companies aim to work on potential opportunities of large-scale solar facilities in the region, thereby augmenting the Group’s sustainability efforts. As a start, Hatten’s first PV project of installing over 6,000 solar panels on the roof of the largest mall in Melaka, Dataran Pahlawan Melaka Megamall, in 2022, will be equipped by Huawei’s smart inverters.
The Company has substantial hospitality and commercial property businesses and assets in Melaka, a UNESCO World Heritage Site which is a major tourist attraction in Southeast Asia. Hatten has recently had undertaken a major strategic review to re-purpose its malls and to pivot its business model towards blockchain-related and digital economy trends as well as opportunities in digital assets.
Hatten’s digital opportunities include building “Virtual” world, starting with a digital twin city of Melaka (“Digital Melaka”), which will contain NFTs, tokens and other digital assets using blockchain and initiatives. HUAWEI CLOUD will endeavour to support Hatten’s strategies and initiatives in blockchain, NFT, ‘green’ and ‘clean’ digital assets, custodian services and other digital asset creation and monetisation activities by providing its latest research and innovations on industrial-grade infrastructure architecture designed for financial institutions.
With the partnership targeted towards the regional markets, there are strong opportunities to leverage on both Huawei and Hatten’s business networks to harness the emerging trends and business opportunities in Asia’s digital economy.
Dato’ Colin Tan, Executive Chairman and Managing Director of Hatten, said: “The Huawei-Hatten partnership is a strong and uniquely complimentary combination. Huawei’s expertise in innovation, technology and complex digital product integrations, and Hatten’s established track record and business network in Malaysia and the region will allow us to build the next generation of cloud solutions, digital platforms and renewable energy solutions.
Together, working as one team, we aim to unlock the full potential of digital transformations and business opportunities within the new digital economies in Asia.”
“HUAWEI CLOUD is excited to be working with Hatten to support its digital related ventures. We believe our technology and innovation will help with the multifaceted needs Hatten has for its strategic pivot,” says Rex Lei, Managing Director of HUAWEI CLOUD Singapore.
About Hatten Land Limited
Hatten Land Limited is one of the leading property developers in Malaysia specialising in integrated residential, hotel and commercial developments. Headquartered in Melaka, it is the property development arm of the conglomerate Hatten Group, which is a leading brand in Malaysia with core businesses in property development, property investment, hospitality, retail and education.
Hatten Land Limited began trading on the Catalist board of SGX-ST on 28 February 2017 after the completion of the reverse takeover of VGO Corporation Limited.
For more information, visit: www.hattenland.com.sg
ALT 5 Sigma and BankLine Announce Partnership to Bring Digital Asset Platform to Bitcoin ATMs
ALT 5 Sigma Inc., a global fintech that provides next generation blockchain powered technologies for the trading, clearing, settlement, payment, and insured custodianship of digital instruments, announced today it has formed an exclusive partnership with BankLine, the only crypto-friendly banking solution that offers a portfolio of redundant depository institutions willing to serve the varied needs of the crypto industry.
Through the partnership, ALT 5 Sigma will provide its flagship products, ALT 5 Prime Enterprise, ALT 5 Liquidity and ALT 5 Pay. ALT 5 Prime Enterprise is a complete “white label crypto exchange” with best price execution and a branded Visa/Mastercard designed to enhance user experience and increase customer retention. ALT 5 Liquidity offers the Bitcoin ATM Industry to ability to receive best price execution either through an OTC Desk and or through a complete integration via FIX APIs, whereas the ALT 5 Pay service enables the integration of crypto payment and all three services are available in a branded “white label” deployment.
“We look forward to working with the exciting team at BankLine and their customers at creating more efficient and innovative products in the ever-changing land of digital assets,” said Richard Groome, ALT 5 Sigma’s Executive Chairman.
“Alt 5 Sigma and BankLine are a perfect fit,” said Mark Ochab, President and CEO of BankLine. “BankLine is focused on delivering innovative technologies, banking, and related services to the BTM industry. The ALT 5 Sigma platform will allow our BTM customers to transform from a single purpose cash-based kiosk into a full-service exchange, delivering a comprehensive suite of services and payment options to their customers.”
The Visa and Mastercard programs enable banks and other institutions using ALT 5 Sigma’s trading platform to offer branded Visa and/or Mastercard credit cards to their registered end users which are linked to their digital assets’ accounts. ALT 5 Prime clients will be able to use the cards at any retailer globally that accepts the cards as payments, as well as any ATMs globally.
About ALT 5 Sigma
ALT 5 Sigma is a global fintech that provides next generation blockchain powered technologies for the trading, clearing, settlement, payment, and insured custodianship of digital instruments. ALT 5 was founded by financial industry specialists out of the necessity to provide the digital asset economy with security, accessibility, transparency, and compliance. ALT 5 provides its clients the ability to buy, sell and hold digital assets in a safe and secure environment deployed with the best practices of the financial industry. ALT 5 Sigma’s products and services are available to Banks, Broker Dealers, Funds, Family Offices, Professional Traders, Retail Traders, Digital Asset Exchanges, Digital Asset Brokers, Blockchain Developers, and Financial Information Providers. ALT 5’s digital asset custodian services are secured by Fireblocks. Learn more at alt5sigma.com or connect on LinkedIn or Twitter.
About BankLine
BankLine is the only Crypto-friendly banking solution that offers a portfolio of redundant financial institutions willing to serve the varied needs of the Crypto industry. BankLine’s network of Crypto-friendly banks and services helps mitigate the threat of bank discontinuance and provides ongoing, sustainable and scalable banking and support services.
Each BankLine customer has a direct relationship at a FDIC insured depository institution. The accounts are titled in the business entity’s name and are exclusive for the entity’s activity.
BankLine’s BTM clients have access to full-service banking solutions at a FDIC insured financial institution, contracting more than 250 Loomis, Brinks, and Garda Cash Vault facilities, servicing well over 25,000 BTM locations across the USA and its territories.
BankLine is now expanding Crypto-friendly banking and armored cash logistics services to the EU, UK, as well as Central and South America. Learn more at bankline.com
CONTACT:
ScottK@calibercorporateadvisers.com
(917) 647-1810
SOURCE: ALT 5 Sigma Inc.
DigitalX Appoints New Chief Executive Officer
DigitalX Limited (ASX:DCC)(OTCQB:DGGXF) (‘DigitalX’ or ‘the Company’) is pleased to announce that after an extensive executive search process it has appointed highly experienced finance industry executive Lisa Wade as Chief Executive Officer.
HIGHLIGHTS
– Lisa Wade, former Head of Digital Innovation and Sustainability at National Australia Bank, appointed new Chief Executive Officer
– Lisa has over 30 years’ experience in finance and financial markets and has a strong background in blockchain project development
– Appointment positions DigitalX with a team and leadership capable of executing its next phase of growth and development
– Lisa was recently recognised as ‘Gender & Diversity Leader of the Year’ at the 2021 Australian Blockchain Industry Awards
Ms Wade has nearly 30 years of finance and financial markets experience working in organisations such as Citigroup, Bendigo Bank and most recently as Head of Digital Innovation and Sustainability at National Australia Bank (NAB).
She has a strong background in blockchain project development, having recently lead the Project Atom Central Bank Digital Currency project (CBDC), a collaborative research project between the Reserve Bank of Australia, CBA and Perpetual, and Project Carbon, a global strategic alliance tokenising voluntary carbon credits with Latu, CIBC, Natwest and NAB.
Ms Wade also has a strong background in funds management. Prior to her current role, she gained extensive experience managing investment portfolios with the Clean Energy Fund and the ESCOR Group. She has also been a Director at Citigroup where she specialised in arbitrage and derivatives. Ms Wade is an experienced trader with an in-depth understanding of pricing and investing in derivatives and financial products. In her role as Head of Community Assets at Bendigo Bank, Lisa specialised in developing financial structures to facilitate the acceleration of impact investment, including co-founding the Bright Energy fund, an early stage investment in Future Super and co-creating RARI, Australia’s first responsible investment ETF.
Ms Wade is also a Non-Executive Director of Blockchain Australia, the peak blockchain industry body in Australia.
She is expected to commence in her role after serving her notice period related to her existing role.
Mr Toby Hicks, Chair of DigitalX, commented: “Following a thorough search and assessment process, we are very proud to confirm the appointment of Lisa Wade as the new Chief Executive Officer of DigitalX. Lisa is a highly experienced and knowledgeable individual who has impressed the Board with her passion and knowledge for both financial markets and Blockchain technologies and opportunities. Out of a pool of outstanding candidates, we are pleased that Lisa has wanted to come on Board and lead DigitalX as it continues to execute its business plan based around our three business units of funds management, Blockchain ventures and development of distributed ledger technologies.”
Ms Lisa Wade, Incoming CEO of DigitalX, commented: “I am truly excited to join DigitalX, they have built the foundations and team to lead Australia and the world in the transition to blockchain as a mainstream part of finance, and to be a leader in this new and fast-moving financial future that blockchain creates. I am looking forward to working with the great team and building on this foundation together to grow the Company’s opportunities and value for shareholders.”
CONTACT
Investor Enquiries
DigitalX Limited
Jonathon Carley
Acting Chief Operating Officer & Chief Financial Officer
E: investors@digitalx.com
Media Enquiries
GRA Partners
Luke Forrestal
Director, Financial Communications
T: +61 411 479 144
E: luke.forrestal@grapartners.com.au
SOURCE: Digitalx Ltd.
Full Release of the HUMAN App Goes Live with over 200,000 Users
HUMAN Protocol has announced the full launch of the HUMAN App: a web-based application that demonstrates how work published to the Protocol can be accessed and completed by distributed workforces.
The HUMAN App is a gateway to work processed on the Protocol. Users access it to complete data-labeling tasks, and earn HMT for each task successfully completed. It is not only a functional product, but also a complete open-source implementation that lets teams building on HUMAN quickly create their own solutions.
The App’s beta period registered over 200,000 users, which will now automatically migrate to the launch version.
“The HUMAN App showcases what is possible through HUMAN Protocol: hundreds of thousands of users all completing work on the same network via a simple interface that serves as an access point to the permissionless job markets the Protocol enables. We’re thrilled with the success of the beta version and our community’s interest in it, and are excited to deliver this major milestone,” said Harjyot Singh, Technology Director at HUMAN Protocol.
The HUMAN App currently runs on the Ethereum and Polygon networks, with work in progress to support other major chains. Withdrawals are processed through the Polygon network, and users are required to enter a Matic wallet address to withdraw their earned currencies.
Only verified accounts may initiate withdrawals. Users can verify their account – and identity – through Civic: a third-party identification solution that, once set up, can be linked to a user’s HUMAN App account by following the on-screen prompts.
“We want to illustrate the extent of HUMAN Protocol’s capabilities. Imagine any use case that requires the crowdsourced, incentivized input of millions, democratically and transparently requested, verified, and recorded. This is the beginning of that. What we’ve already made possible in the machine learning labeling market we can realize elsewhere, and add to the variety and value of tasks on the network,” said Singh.
More tasks, encompassing a broader range of requirements, will be added to the App over time, beginning early in 2021. The HUMAN App reference implementation is also being enhanced to also allow users to manage their reputation, set job preferences, and detail their qualifications and background.
Interested users may join the HUMAN App today, and start earning for completing simple tasks. Projects interested in the open-source technology behind the HUMAN App may visit the GitHub page. For more information on HUMAN Protocol, visit the webpage.
Media contacts
Brand: Human Protocol
Contact: Nishan Shetty, Marketing Director
Email: nishan@hmt.ai
Website: https://humanprotocol.org/
Twitter: https://twitter.com/human_protocol
SOURCE: Human Protocol
DigitalX Bitcoin Fund Secures Investment Grade Rating
DigitalX Limited (ASX: DCC, ‘DigitalX’ or ‘the Company’) is pleased to announce that the DigitalX Bitcoin Fund (ISIN: AU60BQC79571) has received an investment-grade research rating from well-known and respected investment research house, SQM Research. The investment-grade rating on the Company’s Bitcoin Fund represents a significant milestone in that it is the first research-rated digital asset fund in Australia.
Highlights
- DigitalX Bitcoin Fund becomes the first digital asset fund in Australia to receive an investment-grade rating
- The Fund has been issued with an investment-grade rating after the review process by SQM Research, one of Australia’s most recognised and respected research houses
- The investment-grade rating opens additional distribution channels for wealth managers and financial advisors to offer the DigitalX Bitcoin Fund to their clients
- Represents a significant milestone for mainstream adoption of digital assets in the Australian investment and wealth management industry
As part of the research rating process, the Fund has been reviewed on a number of key principle areas including strategy, team, performance, governance and compliance, fees and expenses, liquidity, and risks. Following this external assessment of the Fund’s credentials, the investment-grade rating now provides institutional investors with increased confidence for investing in the Company’s Bitcoin Fund.
Traditionally, financial advisers require an investment grade rating before being able to add investment products to their approved products list (APL). The investment-grade rating opens additional distribution channels for the Company as advisers can now consider adding the DigitalX Bitcoin Fund to their APLs. According to a report prepared by Oliver Wyman titled “Future of Financial Advice” there are approximately 21,670 registered financial advisers overseeing approximately $962 billion in funds under advice[1].
Mr Matt Harry, the Company’s Head of Funds, commented: “After many months of hard work by the team, we are pleased to have secured an investment grade research rating for the DigitalX Bitcoin Fund. Not only is this a first in Australia but the rating will significantly improve our ability to access the relatively untapped financial adviser market by providing them with access to a market-leading product that is audited, titled, insured, and managed by a team with deep experience in digital asset markets.”
Investor Enquiries
Jonathon Carley
Acting Chief Operating Officer & Chief Financial Officer
DigitalX Limited
E: investors@digitalx.com
Media Enquiries
Luke Forrestal
Director, Financial Communications
GRA Partners
E: luke.forrestal@grapartners.com.au
[1] https://www.oliverwyman.com/content/dam/oliver-wyman/v2/publications/2021/jan/future-of-financial-advice.pdf
SOURCE: DigitalX Ltd.
OKLink adds support for 9 new languages, spreading blockchain big-data service across boundaries
OKLink, the world-leading blockchain big-data company, has launched support for 9 new languages including Russian, French, German, Japanese, Turkish, Korean, Portuguese (Brazilian), Spanish, Vietnamese on its official website to spread its reach across boundaries.
The new language options will provide more opportunities for OKLink’s international expansion, which is progressing steadily, while the company serving more than 50 million blockchain participants around the world over time.
OKLink is one of the leading blockchain companies from China. Ranging from product research and development, blockchain adoption, blockchain crime crackdown to police education and training, lab research and investigation, OKLink has been acting as a leading power in blockchain industry since its inception in 2013.
After years of dedication in blockchain big-data and blochchain security industry, OKLink has launched a series of blockchain products including OKLink Blockchain Explorer, Chaintelligence and Chainhub, providing blockchain big-data service for millions of customers in China. Chaintelligence, the well-known blockchain big-data/security product in China, has assisted police from over 30 provinces and cities in solving a spate of blockchain crimes and recovering over $10 billion worth of cryptoassets.
“We are happy to announce that OKLink is rolling out the first wave of local language support. People from Germany, France, Japan, Vietnam and many other countries can visit OKLink in a way that feels a bit more native to them,” Chao Zhang, vice president of OKLink said.
“Implementing brand internationalization strategy and providing world-class products and services are OKLink’s core objectives. In August, OKLink joined Global Digital Finance (GDF) as an Advisory Council Member and the Chamber of Digital Commerce (CDC) President’s Circle, strengthening communication with global tech giant and industry leaders, promoting blockchain security and AML standards. By launching support for 9 new languages, OKLink will speed up internationalization, follow up the on-chain data needs among global markets, serving global blockchain participants with world-class blockchain big-data products.”
Media Contact
Jin Pengcheng, OKLink
Oukehudong Network Technology (Beijing) Co., Ltd
E: pengcheng.jin@oklink.com
U: https://www.oklink.com
Bitcoin Latinum Hosts Historic Miami Art Basel Metaverse Party
Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, hosted GENESIS, a massive sold-out party on Wednesday, December 1st at Mr. Jones in Miami during Art Basel, in partnership with TapStats Inc. A-list rap superstar Quavo of Migos performed, along with Grammy-nominated rapper Tory Lanez.
The exclusive, celebrity packed Bitcoin Latinum event was hosted by founders Dr. Don Basile (Bitcoin Latinum) and Sensei Paul Misir (TapStats), and joined by MMA superstar Jorge Masvidal, Paige VanZant, Anthony Pettis, 16 time World Series of Poker champion Phil Hellmuth, wall street leaders, crypto whales, several founders of the top cryptocurrencies, and over 40 leading Instagram model influencers.
Bitcoin Latinum’s star studded event dominated the Art Basel party scene, as the sky rocketing cryptocurrency was celebrating the launch of its historic bitcoin-based NFT marketplace.
Unico, in partnership with Bitcoin Latinum, is launching an NFT marketplace called UnicoNFT, that features thousands of digital artworks that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM). This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. Using a patent pending technology, Unico provides ways to purchase NFTs using Bitcoin and Bitcoin Latinum.
Bitcoin Latinum currently trades publicly on HitBTC, DigiFinex, Hotbit, AAX, LBank, XT.com, and FMFW (formerly bitcoin.com) exchanges, under the ticker LTNM. Monsoon Blockchain, Bitcoin Latinum’s lead developer, has announced plans for Bitcoin Latinum to officially list on 10 top-tier public exchanges. In addition to DigiFinex, HitBTC, Hotbit, AAX, LBank, XT.com, and FMFW, the exchanges are: Changelly ($2.71 billion in daily volume), Changelly Pro, and Bitmart ($1.6 billion in daily volume) by the end of 2021. Bitcoin Latinum (LTNM) can now be researched on CoinBase, Coin Market Cap, and Coin Gecko.
Monsoon Blockchain Corporation, an innovative blockchain company based in Palo Alto, California, was selected by Bitcoin Latinum as its foundation partner. Monsoon Blockchain recently began operations in Miami, the crypto capital of the world.
Monsoon is focused on innovative cloud solutions in the blockchain ecosystem, leveraging the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment.
For more information about Bitcoin Latinum, please visit https://bitcoinlatinum.com
Media contact
Bitcoin Latinum
Kai Okada, Director of Communications
E: Kai.Okada@bitcoinlatinum.com
U: https://bitcoinlatinum.com