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Home » Archives for Business Wire » Page 240

Fidelity® Unveils New ETF Model Portfolios for Wealth Management Firms

February 20, 2025 By Business Wire

New Target Allocation and Target Risk ETF Model Portfolios Expand Fidelity’s Robust Lineup of Portfolio Solutions Fidelity Data Highlights 9% YOY Growth in Advisors’ Portfolio Allocations to ETFs BOSTON--(BUSINESS WIRE)--Fidelity Investments® today announced the expansion of its model portfolio lineup for wealth management firms with the launch of two new all-ETF model … [Read more...] about Fidelity® Unveils New ETF Model Portfolios for Wealth Management Firms

Soluna (SLNH) and Bit Digital (BTBT) Partnership Expands, Surpassing 12 MW in Hosting Capacity

February 20, 2025 By Business Wire

New 5.5 MW Deal Brings Next-Gen Mining to Project Dorothy ALBANY, N.Y.--(BUSINESS WIRE)--$SLNH #SLNH--Soluna Holdings, Inc. (“SHI”, “Soluna”, or the “Company”), (NASDAQ: SLNH), a developer of green data centers for intensive computing applications including Bitcoin mining and AI, announced a twelve month 5.5 MW hosting contract with Bit Digital (NASDAQ: BTBT) at Soluna’s … [Read more...] about Soluna (SLNH) and Bit Digital (BTBT) Partnership Expands, Surpassing 12 MW in Hosting Capacity

Strategy Announces Pricing of Offering of $2.0 Billion of Convertible Senior Notes

February 20, 2025 By Business Wire

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy™ (Nasdaq: MSTR) today announced the pricing of its offering of $2.0 billion aggregate principal amount of its 0% convertible senior notes due 2030 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the … [Read more...] about Strategy Announces Pricing of Offering of $2.0 Billion of Convertible Senior Notes

BitGo and Copper Launch First Trading Model with Off-Exchange Settlement from Qualified Custody, Featuring Deribit

February 20, 2025 By Business Wire

Clients can now trade spot and derivatives on Deribit while assets are secured off-exchange in qualified custody with BitGo Trust Company, Inc., and automatically settled leveraging Copper ClearLoop’s and BitGo Go Network’s infrastructure. This partnership offers a more secure trading and multi-custodial settlement model for the industry, establishing a new standard for … [Read more...] about BitGo and Copper Launch First Trading Model with Off-Exchange Settlement from Qualified Custody, Featuring Deribit

COVU Increases Series A to Over $22M After Hitting Key Milestones, Bringing Total Funding to $32M

February 20, 2025 By Business Wire

Originally planned as a $4M extension, strong investor interest led to an oversubscribed $10M raise to accelerate AI-native insurance servicing and marketplace expansion. SAN FRANCISCO--(BUSINESS WIRE)--COVU, the AI-native leader in insurance customer management and risk advisory, today announced that it has increased its Series A to $22 million after successfully hitting key … [Read more...] about COVU Increases Series A to Over $22M After Hitting Key Milestones, Bringing Total Funding to $32M

Canary Capital Launches Canary AXL Trust, Expanding Institutional Crypto Investment Offerings to the Token Powering the Axelar Network

February 19, 2025 By Business Wire

Canary continues to bridge traditional finance and the opportunities within blockchain technology, offering seamless investment access to cutting-edge Web3 platforms; Canary AXL Trust is the first investment trust in the growing blockchain interoperability category. NASHVILLE, Tenn.--(BUSINESS WIRE)--#AXL--Canary Capital Group LLC (“Canary Capital”), a digital asset-focused … [Read more...] about Canary Capital Launches Canary AXL Trust, Expanding Institutional Crypto Investment Offerings to the Token Powering the Axelar Network

Binance.US Restores USD Deposits & Withdrawals on Platform

February 19, 2025 By Business Wire

Milestone Allows Customers to Deposit Cash Fast Using Bank Transfer (ACH) Binance.US Customers Can Buy, Sell, Convert, and Trade Over 160 Cryptocurrencies MIAMI--(BUSINESS WIRE)--Binance.US, a leading licensed and regulated U.S. crypto platform, today announced the restoration of United States Dollar (“USD”) fiat services. Binance.US customers are now able to deposit and … [Read more...] about Binance.US Restores USD Deposits & Withdrawals on Platform

Bitwise Donating $100,000 from ETHW Profits to Ethereum Open-Source Developers

February 19, 2025 By Business Wire

The gift is part of Bitwise’s commitment to donate 10% of gross profits from the Bitwise Ethereum ETF (ETHW) each year. SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, the $12 billion crypto asset manager, announced today the company’s first annual donation to Ethereum open-source developers, the dedicated group of volunteer programmers who secure and improve the … [Read more...] about Bitwise Donating $100,000 from ETHW Profits to Ethereum Open-Source Developers

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