NEW YORK--(BUSINESS WIRE)--Prometheum Inc., today announced that its subsidiary Prometheum Capital LLC will initially provide custodial services for Ethereum’s ether (ETH) token. This development follows the company’s recent approval of its membership application from the Financial Industry Regulatory Authority (FINRA) as a Special Purpose Broker-Dealer (SPBD) permitted to … [Read more...] about Prometheum Announces Custodial Services for Ether (ETH), Opens Account Sign Up For Institutional Clients
Overflow Announces $20M Series B Led by Wesleyan Investment Foundation to Become the Comprehensive Financial Partner within the Faith Space
SAN FRANCISCO--(BUSINESS WIRE)--Overflow, a trailblazer in redefining generosity through innovative financial solutions, proudly announces the successful closure of its $20 million Series B funding round. Wesleyan Investment Foundation led the strategic round and is joined by existing investors including Uncork, R7 and TheGP. Overflow empowers churches, nonprofits and donors … [Read more...] about Overflow Announces $20M Series B Led by Wesleyan Investment Foundation to Become the Comprehensive Financial Partner within the Faith Space
Ault Alliance Does Not Intend to Consummate Any Acquisitions as It Focuses on Maximizing the Value of Its Existing Assets
LAS VEGAS--(BUSINESS WIRE)--$AGREE #AGREE--Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today it has determined not to pursue new acquisitions during 2024, though it may continue to make strategic investments. Given the Company’s concentration on maximizing the value of its existing assets, it has taken … [Read more...] about Ault Alliance Does Not Intend to Consummate Any Acquisitions as It Focuses on Maximizing the Value of Its Existing Assets
Osprey Bitcoin Trust Announces Termination of Tender Offer
FAIRFIELD, Conn.--(BUSINESS WIRE)--Osprey Bitcoin Trust (OTCQX: OBTC), a Delaware statutory trust (“Osprey” or the “Trust”), announced today that it has terminated the previously announced offer to purchase for cash via tender offer (the “Offer”) up to 20% or 1,668,107 outstanding common units of fractional undivided beneficial interest (the “Units”) at a purchase price equal … [Read more...] about Osprey Bitcoin Trust Announces Termination of Tender Offer
MicroStrategy Announces Fourth Quarter 2023 Financial Results; Now Holds 190,000 BTC
31,755 bitcoins acquired since the end of Q3 for $1.25 billion, or $39,411 per bitcoin 190,000 bitcoin holdings at a total cost of $5.93 billion, or $31,224 per bitcoin, as of February 5, 2024 Total Revenues of $124.5 million, down 6% year-over-year Subscription Services Revenues of $21.5 million, up 23% year-over-year TYSONS CORNER, Va.--(BUSINESS WIRE)--MicroStrategy® … [Read more...] about MicroStrategy Announces Fourth Quarter 2023 Financial Results; Now Holds 190,000 BTC
Real-time Fraud Data Sharing Consortium SardineX Rebrands to Sonar, and Expands to 20 Members
Sonar addresses the real-time risk decisioning needs required by the growing adoption of faster payment systems like RTP and FedNow with an independent, member-led consortium.SAN FRANCISCO--(BUSINESS WIRE)--SardineX, now operates under the name Sonar, continuing its mission to facilitate collaboration among financial institutions and fintechs to combat financial crime. Sonar … [Read more...] about Real-time Fraud Data Sharing Consortium SardineX Rebrands to Sonar, and Expands to 20 Members
CryptoPunks Announces Nina Chanel Abney as the Inaugural Artist for its Punk In Residence Incubator Program
Abney to create a limited-edition collection answering the question ‘What Does Punk Mean to You?’MIAMI--(BUSINESS WIRE)--Yuga Labs, the leading web3 lifestyle and media company, and home of CryptoPunks, Bored Ape Yacht Club (BAYC), Otherside, Meebits, and 10KTF, today revealed details on a new incubator program named Punk in Residence, which aims to expand the definition of … [Read more...] about CryptoPunks Announces Nina Chanel Abney as the Inaugural Artist for its Punk In Residence Incubator Program
Europe 6G Market Analysis and Forecasts Report 2029-2035: Market to Grow by Over 100% to Reach $240 Billion Due to Increasing Demand for Low Latency Networks and Expanding use of Edge Computing – ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Europe 6G Market - Analysis and Forecast, 2029-2035" report has been added to ResearchAndMarkets.com's offering. The Europe 6G market is projected to be $0.32 billion in 2028, and it is expected to grow at a CAGR of 100.72% and reach $240.02 billion by 2035. Europe 6G market is expected to increase because of the increasing demand for low latency … [Read more...] about Europe 6G Market Analysis and Forecasts Report 2029-2035: Market to Grow by Over 100% to Reach $240 Billion Due to Increasing Demand for Low Latency Networks and Expanding use of Edge Computing – ResearchAndMarkets.com