Celsius

SEC Registered 'Wave Financial' Changes Name to 'Wave Digital Assets'

Retrieved on: 
Wednesday, March 1, 2023
Crypto, Wave Financial, Celsius, FTX, Digital asset, AUM, Three Arrows Capital, Acquisition, Entrepreneurship, M & A, Blockchain, Wave, Cryptocurrency

LOS ANGELES and LONDON, March 1, 2023 /PRNewswire/ -- Wave Digital Assets (Wave), the award winning SEC registered digital asset investment management company, is pleased to announce its change of business name.

Key Points: 
  • LOS ANGELES and LONDON, March 1, 2023 /PRNewswire/ -- Wave Digital Assets (Wave), the award winning SEC registered digital asset investment management company, is pleased to announce its change of business name.
  • Since being founded in 2018 and becoming the first SEC recognized registered investment advisor exclusively for digital assets, Wave has managed approximately AUM of $1billion.
  • We focus on the intersection of blockchain, and web 3 - a rich landscape of interoperable digital assets."
  • As the business has established itself, now is the perfect time to provide clarity and conviction by changing our name to Wave Digital Assets."

SEC Registered 'Wave Financial' Changes Name to 'Wave Digital Assets'

Retrieved on: 
Wednesday, March 1, 2023
Crypto, Wave Financial, Celsius, FTX, Digital asset, AUM, Three Arrows Capital, Acquisition, Entrepreneurship, M & A, Blockchain, Wave, Cryptocurrency

LOS ANGELES and LONDON, March 1, 2023 /PRNewswire/ -- Wave Digital Assets (Wave), the award winning SEC registered digital asset investment management company, is pleased to announce its change of business name.

Key Points: 
  • LOS ANGELES and LONDON, March 1, 2023 /PRNewswire/ -- Wave Digital Assets (Wave), the award winning SEC registered digital asset investment management company, is pleased to announce its change of business name.
  • Since being founded in 2018 and becoming the first SEC recognized registered investment advisor exclusively for digital assets, Wave has managed approximately AUM of $1billion.
  • We focus on the intersection of blockchain, and web 3 - a rich landscape of interoperable digital assets."
  • As the business has established itself, now is the perfect time to provide clarity and conviction by changing our name to Wave Digital Assets."

Celsius Therapeutics to Present Preclinical Data on Anti-TREM1 Antibody at 18th Congress of ECCO - Inflammatory Bowel Diseases

Retrieved on: 
Monday, February 27, 2023
Oncology, Health, FDA, Genetics, Clinical Trials, Pharmaceutical, Biotechnology, Congress, B cell, Therapy, Cancer, TREM1, Inflammation, Patient, Biology, Regulation of food and dietary supplements by the U.S. Food and Drug Administration, Trial of the century, Inflammatory bowel disease, ECCO, Inflammatory Bowel Diseases, European, SCOPE, IBD, Food, RNA, Pharmaceutical industry, Celsius

Celsius Therapeutics, a biotechnology company pioneering new precision medicines for patients with cancer and inflammatory disease by harnessing the power of single-cell RNA sequencing and human biology at scale, today announced that new data on CEL383, a potential first-in-class anti-TREM1 antibody for the treatment of inflammatory bowel disease (IBD), has been selected for a digital oral presentation at the 18th Congress of ECCO - Inflammatory Bowel Diseases, hosted by the European Crohn’s and Colitis Organisation from March 1-4, 2023, in Copenhagen, Denmark.

Key Points: 
  • Celsius Therapeutics, a biotechnology company pioneering new precision medicines for patients with cancer and inflammatory disease by harnessing the power of single-cell RNA sequencing and human biology at scale, today announced that new data on CEL383, a potential first-in-class anti-TREM1 antibody for the treatment of inflammatory bowel disease (IBD), has been selected for a digital oral presentation at the 18th Congress of ECCO - Inflammatory Bowel Diseases, hosted by the European Crohn’s and Colitis Organisation from March 1-4, 2023, in Copenhagen, Denmark.
  • “We are thrilled to present insights identified through our SCOPE platform (Single Cell Observations for Precision Effect) that point to an important role for TREM1 in inflammatory bowel disease and led to the initiation of our CEL383 program at ECCO 2023,” said Tariq Kassum, M.D., President and CEO of Celsius.
  • “We anticipate filing an investigational new drug application for CEL383 with the U.S. Food and Drug Administration and commencing a Phase 1 clinical study in the first half of this year.”

7-Eleven, Inc. and PAC-MAN Give Fans the Chance to Take their Game Play to the Next Level

Retrieved on: 
Wednesday, February 22, 2023
Minor, Google Play, Coffee, Celsius, PAC, Red Bull, Brand, Baseball, Partnership, Drink, App Store (iOS/iPadOS), NO, Collection, Neon, Video game, 7-Eleven, Stripe

IRVING, Texas, Feb. 22, 2023 /PRNewswire/ -- Chomp on this! 7-Eleven, Inc. is teaming up with Bandai Namco Entertainment America Inc. and its beloved video game icon PAC-MAN™ to reward customers with the chance of winning thousands of prizes to power up the way they play. 7-Eleven®, Speedway® and Stripes® stores will help loyal customers reach new levels with epic giveaways, an exclusive 7Collection™ merchandise drop, and exciting new limited time only beverages inspired by the iconic PAC-MAN game.

Key Points: 
  • Loyalty members can also purchase participating products like Slurpee® drinks and coffee drinks – as well as all varieties of Celsius and Red Bull products – for seven-times the chance to win**!
  • "Our customers love a little friendly competition…and PAC-MAN is an undeniably popular game we've known and loved for decades.
  • We are thrilled to bring these two iconic brands together to take game play to the next level," said Marissa Jarratt, 7-Eleven Executive Vice President and Chief Marketing Officer.
  • Fans looking for more of this duo can play the limited time 7-Eleven x PAC-MAN adventure in the PAC-MAN mobile app*** available beginning February 23 through the App Store or Google Play.

Swarm launches world-first tradable stocks and bonds on chain

Retrieved on: 
Tuesday, February 21, 2023
Prospectus, AAPL, Financial market, Trust, Federal Financial Supervisory Authority, Decentralized finance, Polygon, Celsius, ETF, Carbon, FTX, Blockchain, TSLA, Ecosystem, ESMA, Treasury, Financial Market Authority (Liechtenstein), ISIN, United States Treasury security, Federal, Cryptocurrency, Swarm behaviour

Hedge funds and institutional investors can now access stable and secure global markets 24/7 through Swarm.

Key Points: 
  • Hedge funds and institutional investors can now access stable and secure global markets 24/7 through Swarm.
  • Swarm will add more stocks and real world assets in the future.
  • Timo Lehes, co-founder of Swarm, comments: "Swarm is the first entity to offer and trade tokenized T-bills and stocks via a regulated and decentralized platform.
  • SwarmX GmbH, the issue of the stocks and bonds tokens, is a wholly-owned subsidiary of Swam Markets GmbH.

Figure Partners with NovaWulf to Provide Blockchain Technology Solutions for Proposed Celsius Reorganization

Retrieved on: 
Thursday, February 16, 2023
SAN, Celsius, NewCo, ETH, Partnership, Committee, Cryptocurrency, Blockchain

SAN FRANCISCO, Feb. 16, 2023 /PRNewswire/ --Celsius Network LLC ("Celsius"), in consultation with the official unsecured creditors committee (the "Committee"), announced that they have reached an agreement in principle with NovaWulf Digital Management, LP ("NovaWulf") to sponsor a proposed plan of reorganization in partnership with Figure Technologies, Inc. ("Figure") as its blockchain technology solution provider.

Key Points: 
  • SAN FRANCISCO, Feb. 16, 2023 /PRNewswire/ --Celsius Network LLC ("Celsius"), in consultation with the official unsecured creditors committee (the "Committee"), announced that they have reached an agreement in principle with NovaWulf Digital Management, LP ("NovaWulf") to sponsor a proposed plan of reorganization in partnership with Figure Technologies, Inc. ("Figure") as its blockchain technology solution provider.
  • The proposed plan structure contemplates the transfer of Celsius' illiquid assets, including staked ETH and Celsius' loan portfolio, to a "NewCo" to be owned by certain of Celsius' creditors and managed by NovaWulf.
  • As part of the plan, NovaWulf has partnered with Figure to provide secondary trading and loan servicing services.
  • "We are excited to partner with NovaWulf to provide the technology infrastructure needed for this reorganization," said Mike Cagney, CEO and Co-Founder of Figure.

Freshie Organic Tequila Seltzer Names Gerry David to New Role: President of U.S. Sales

Retrieved on: 
Wednesday, January 25, 2023
USDA, Marketing, Skin, Leader, Partnership, Walmart, Growth, IPRA Golden World Awards, Celsius, Freshwater crocodile

NORTHBROOK, Ill., Jan. 25, 2023 /PRNewswire/ -- Freshie, the world's first USDA-certified organic tequila seltzer, has named Gerry David, former CEO of Celsius Fitness Drinks, to the newly established role of President, U.S. sales. David is best known for his successful turn-around of Celsius, which he took from the verge of going out of business to five consecutive years of record revenue, increasing shareholder value by 35x.

Key Points: 
  • NORTHBROOK, Ill., Jan. 25, 2023 /PRNewswire/ -- Freshie, the world's first USDA-certified organic tequila seltzer, has named Gerry David, former CEO of Celsius Fitness Drinks, to the newly established role of President, U.S. sales.
  • "I see enormous potential in Freshie as the world's first USDA-certified organic tequila seltzer – it fills a huge gap in the category for a premium quality tequila seltzer.
  • FreshieTM Organic Tequila Seltzer launched in 2021, and in 2022 earned the coveted USDA-Certified Organic seal after lengthy and rigorous analyses confirmed the organic nature of the key ingredients in its entire line of tequila seltzers.
  • In addition, Freshie Holdings will introduce a full line of USDA-certified organic tequila expressions in the first half of 2023.

Crypto Ventures Can Take a Leaf out of TradFi: Raj Chowdhury

Retrieved on: 
Wednesday, January 25, 2023
PALO, Decentralized finance, Fear, Architecture, Optimism, Celsius, FTX, Cryptocurrency, Crypto

PALO ALTO, Calif., Jan. 25, 2023 /PRNewswire-PRWeb/ -- Investors are apprehensive about cryptocurrencies. Failed DeFi projects, stablecoin fallouts, FTX, and Celsius bankruptcy- several factors have contributed to this fear as the persistent crypto bloodbath reduced the overall crypto market capitalization by more than half. PayBito CEO Raj Chowdhury expressed his optimism in regard to the future but added that crypto ventures need to enhance transparency and implement tougher security protocols parallel to TradFi to sustain in the long run.

Key Points: 
  • PayBito CEO Raj Chowdhury expressed his optimism in regard to the future but added that crypto ventures need to enhance transparency and implement tougher security protocols parallel to TradFi to sustain in the long run.
  • The PayBito chief asserts, "Crypto ventures need to assure their customers with accountability, regular updates, routine audits, and transparent practical solutions."
  • Chowdhury suggested possible ways to improve customer trust in existing crypto ventures.
  • The firm pushed its innovation further normalizing access to crypto trading services with the world's first white-label crypto broker platform .

Update on the Purchase of the Direct Store Distribution Operation from New Age Beverage Corporation

Retrieved on: 
Tuesday, February 7, 2023
Wellness, CytoSport, DSD, Monster, Izze, Drink, Global Science Opera, Fuze, Negotiation, CO, HR, Acquisition, ASC, NOS, OTC, Beverage Institute for Health and Wellness, Snack, Alberta Securities Commission, Health, OSC, Sale, Celsius, Ontario Securities Commission, Information technology, CSE, Energy Brands, CBDN, Rock Star, Legacy, C4

Legacy Distribution Group, “Legacy” (Denver, CO), the Company’s wholly owned subsidiary, completed the acquisition of the DSD operations from New Age Beverage Corporation, a Colorado corporation, and a wholly owned subsidiary of New Age, Inc. effective December 12, 2022.

Key Points: 
  • Legacy Distribution Group, “Legacy” (Denver, CO), the Company’s wholly owned subsidiary, completed the acquisition of the DSD operations from New Age Beverage Corporation, a Colorado corporation, and a wholly owned subsidiary of New Age, Inc. effective December 12, 2022.
  • Since the closing acquisition of the DSD Operations in mid-December of 2022, the DSD Operations have averaged $145,541.00 in daily sales.
  • The previous parent company, a multi-level-marketing company, enforced a “Health and Wellness” edict which directly impacted the DSD Operation.
  • The Company is unable to control the timeline, but is working to have the CTO revoked for trading to resume in Canada.

Bitget sees largest market share growth after FTX bankruptcy

Retrieved on: 
Thursday, January 19, 2023
Ethereum, Fed, Face, Celsius, Total value, FTX, Merkle tree, Boston, History, Growth, Pension Protection Fund, BSC, Bankruptcy, Decentralized finance, Boston Consulting Group, TVL, Cryptocurrency

VICTORIA, Seychelles, Jan. 19, 2023 /PRNewswire/ -- Leading crypto derivatives exchange Bitget has become one of the world's top 3 crypto exchanges in the derivatives sector paired with enormous achievements, such as a 2.6x market share increase and 8 million registered users in 100+ countries globally, despite the poor market sentiment after FTX's bankruptcy in 2022.

Key Points: 
  • 2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and FTX, consequently wiping out over US$2 trillion from the crypto market.
  • According to the latest data shared by the TokenInsight report , Bitget's market share increased dramatically from 3% to 11% after the collapse of the former second-largest exchange, FTX, marked the single largest market share growth in the crypto derivatives sector.
  • Gracy Chen, Managing Director of Bitget remarks "2022 marked one of the most important years in the history of Bitget.
  • We will also continue to expand our spot markets and improve our overall capabilities to optimize the trading experience on Bitget.