Asset

Exodus Reports Fourth Quarter and Full Year 2021 Results

Retrieved on: 
Wednesday, March 9, 2022

In some cases, you can identify forward-looking statements by the following words: "will," "expect," "would," "intend," "believe," or other comparable terminology.

Key Points: 
  • In some cases, you can identify forward-looking statements by the following words: "will," "expect," "would," "intend," "believe," or other comparable terminology.
  • These statements involve risks, uncertainties, assumptions and other factors that are difficult to predict and may cause actual results or performance to be materially and adversely different.
  • For a reconciliation of Net Income to Adjusted EBITDA, please refer to the reconciliation table at the end of this press release.
  • 5 Digital Assets at Market Value as of December 31, 2021.

State Street to Develop Digital Custody in Collaboration with Copper.co

Retrieved on: 
Wednesday, March 9, 2022

State Street Corporation (NYSE: STT) announced today that State Street Digital, the firms dedicated Digital division, has entered into a licensing agreement with Copper.co, a London-based provider of institutional digital asset custody and trading infrastructure.

Key Points: 
  • State Street Corporation (NYSE: STT) announced today that State Street Digital, the firms dedicated Digital division, has entered into a licensing agreement with Copper.co, a London-based provider of institutional digital asset custody and trading infrastructure.
  • State Street Digital will leverage Copper.cos technology to develop and, subject to receipt of regulatory and other approvals, launch an institutional grade digital custody offering where clients can store and settle their digital assets within a secure environment operated by State Street.
  • As institutional investors interest in digital assets continues to grow, we are building the financial infrastructure needed to support our clients allocations to this new asset class, said Nadine Chakar, head of State Street Digital.
  • As the digital asset market continues to evolve, this collaboration will help our firm to expand our product offering and roadmap, said Swen Werner, head of digital custody for State Street Digital.

VanEck Launches Digital Assets Mining ETF (DAM), Providing Access to the Builders of the Blockchain

Retrieved on: 
Wednesday, March 9, 2022

VanEck today announced the launch of the VanEck Digital Assets Mining ETF (DAM) , expanding the firms crypto and blockchain-focused investment offerings and providing investors access to companies essential to driving digital transformation.

Key Points: 
  • VanEck today announced the launch of the VanEck Digital Assets Mining ETF (DAM) , expanding the firms crypto and blockchain-focused investment offerings and providing investors access to companies essential to driving digital transformation.
  • DAM offers targeted exposure to digital assets mining companies, which validate and process blockchain transactions to create new units of cryptocurrency.
  • DAM seeks to track as closely as possible the price and yield of the MVIS Digital Assets Mining Index (MVISDAM) .
  • The Fund will not invest in digital assets (including cryptocurrencies) directly or indirectly through the use of digital asset derivatives.

VUELE™, CurrencyWorks’ Movie NFT Platform, Announces Lionsgate’s Grindstone Entertainment Acquires U.S. Rights to its ZERO CONTACT Movie

Retrieved on: 
Wednesday, March 9, 2022

Los Angeles, CA., March 09, 2022 (GLOBE NEWSWIRE) -- CurrencyWorks Inc. (“CurrencyWorks'' or the “Company”), (CSE: CWRK and OTCQB: CWRK), an award-winning, full-service blockchain platform provider, announced today that Grindstone Entertainment Group (“Grindstone”), a Lionsgate company, has acquired the U.S. distribution rights to ZERO CONTACT, starring Academy Award®-winner Anthony Hopkins, following the film’s NFT release on VUELE™, CurrencyWorks’ NFT platform for feature films.

Key Points: 
  • ZERO CONTACT will go to wide distribution throughout the U.S. in May.
  • VUELE recently released the ZERO CONTACT Exclusive Edition and Collectors Edition NFT bundles on the VUELE platform.
  • ZERO CONTACT made film history by becoming the first feature film to debut exclusively as an NFT on VUELE.
  • In September, VUELE successfully sold the first 11 ZERO CONTACT NFTs, which grossed more than $100,000.00 USD.

Sygnum Singapore secures in-principle approval to expand regulated activities, enabling fully-regulated tokenization solutions for the growing Web3 ecosystem

Retrieved on: 
Tuesday, March 8, 2022

Sygnum Singapore secures in-principle approval to expand regulated activities, enabling fully-regulated tokenization solutions for the growing Web3 ecosystem

Key Points: 
  • Sygnum Singapore secures in-principle approval to expand regulated activities, enabling fully-regulated tokenization solutions for the growing Web3 ecosystem
    Sygnum Singapore secures in-principle approval to expand regulated activities, enabling fully-regulated tokenization solutions for the growing Web3 ecosystem
    Zurich, 8 March 2022 - Sygnum, a digital asset technology group with a Swiss banking licence and a Singapore Capital Markets Services (CMS) licence, has received in-principle approval from the Monetary Authority of Singapore to conduct three additional regulated activities under its CMS licence.
  • With the additional regulated activities under its belt, Sygnum intends to offer its tokenization solution in Singapore with an initial focus on the tokenization of fund units, starting with its recently-launched venture capital fund, the SBI-Sygnum-Azimut Digital Asset Opportunity fund .
  • "Singapore continues to be a welcoming destination for trusted financial institutions seeking to meet the growing demand for regulated digital asset financial services," said Gerald Goh, Sygnum Co-Founder and Singapore CEO.
  • Ltd's CMS licence is solely regulated by MAS in Singapore, and does not confer or imply any licencing rights to Sygnum Bank AG in Switzerland.

CurrencyWorks’ MusicFX Celebrates Parker McCollum’s Academy of Country Music Awards Win

Retrieved on: 
Monday, March 7, 2022

MusicFX is a partnership between CurrencyWorks and Crown & Ace, to build and power an NFT platform that serves the music industry, its artists, and music fans.

Key Points: 
  • MusicFX is a partnership between CurrencyWorks and Crown & Ace, to build and power an NFT platform that serves the music industry, its artists, and music fans.
  • Platinum-selling country music artist Parker McCollum was announced as the platforms first partner in December 2021, with the inaugural NFT being launched shortly after.
  • The prestigious ACM awards are dedicated to honouring and showcasing the biggest names and emerging talent in the country music industry.
  • Parker beat out some incredible competition to win, and I think it speaks to the calibre of artist that MusicFX is attracting.

Forbes Announces Inaugural Digital Assets And Web3 Summit

Retrieved on: 
Monday, March 7, 2022

Forbes today announced its first-ever Digital Assets and Web3 Summit , taking place virtually on March 16, 2022 from 2-4 p.m.

Key Points: 
  • Forbes today announced its first-ever Digital Assets and Web3 Summit , taking place virtually on March 16, 2022 from 2-4 p.m.
  • Digital assets and Web3 projects are radically changing how we invest, employ business models, and deploy products and services.
  • Digital assets and Web3 will have a remarkable impact on the future of business and investing, said Forbes Senior Editor, Michael del Castillo.
  • To register for free and learn more, please visit Forbes Digital Assets and Web3 Summit .

eToro Reports Fourth Quarter and Full-Year 2021 Financial Results

Retrieved on: 
Monday, March 7, 2022

eToro Group Ltd (eToro or the Company), the leading social investing network, today announced its fourth quarter 2021 and full-year financial results1.

Key Points: 
  • eToro Group Ltd (eToro or the Company), the leading social investing network, today announced its fourth quarter 2021 and full-year financial results1.
  • Yoni Assia, CEO and Co-founder of eToro, commented: eToro closed 2021 with a strong fourth quarter, generating over $300 million in total commissions.
  • For the fourth quarter of 2021, total commissions were $304 million, up 85% versus Q4 2020, driven by strong commissions from trading activity, higher interest income and higher other charges.
  • Adjusted EBITDA for the fourth quarter of 2021 was negative $24 million, largely driven by the Companys significant investments in growth initiatives, including marketing.

Reef Announces Execution of Trust Agreement with Levant Exploration and Production Corp.

Retrieved on: 
Tuesday, March 1, 2022

Calgary, Alberta--(Newsfile Corp. - March 1, 2022) - Reef Resources Ltd. ("Reef") announces that it has entered into a trust agreement (the "Trust Agreement") with Levant Exploration and Production Corp. ("Levant") whereby Reef will hold in trust for the benefit of Levant the well licences in respect of Reef's non-producing oil and gas assets located in Huron County, Ontario (the "Assets"), which Assets Reef intends to sell to Levant pursuant to the Asset Purchase Agreement (the "Asset Purchase Agreement") between Reef and Levant previously announced by Reef on November 22, 2021.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - March 1, 2022) - Reef Resources Ltd. ("Reef") announces that it has entered into a trust agreement (the "Trust Agreement") with Levant Exploration and Production Corp. ("Levant") whereby Reef will hold in trust for the benefit of Levant the well licences in respect of Reef's non-producing oil and gas assets located in Huron County, Ontario (the "Assets"), which Assets Reef intends to sell to Levant pursuant to the Asset Purchase Agreement (the "Asset Purchase Agreement") between Reef and Levant previously announced by Reef on November 22, 2021.
  • Pursuant to the Trust Agreement, Reef will hold the well licences in respect of the Assets as Trustee for Levant as beneficiary.
  • This will allow Levant to perform any operations necessary to maintain the integrity and safety of the wells at its own cost until such time as the well licences can be transferred from Reef to Levant pursuant to the Asset Purchase Agreement.
  • Reef continues to be the licensee and owner of the wells and pipelines and the owner of the surface facilities.

DGAP-News: flatexDEGIRO with record year 2021 and strong financial performance in the fourth quarter

Retrieved on: 
Saturday, March 5, 2022

The year finished for flatexDEGIRO with the final quarter showing the highest level of revenues per trade in the whole of 2021.

Key Points: 
  • The year finished for flatexDEGIRO with the final quarter showing the highest level of revenues per trade in the whole of 2021.
  • At the end of 2021, the number of flatexDEGIRO customer accounts amounted to 2.06 million, an increase of 55 percent compared to the 1.33 million customer accounts reported in the previous year.
  • Last year, flatexDEGIRO settled 91 million transactions for its customers (2020, pro forma: 75 million), more than any other European online broker.
  • Revenues increased in 2021 by 60 percent to EUR 418 million (2020: EUR 261 million).