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Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Binance Launches $1 Billion Fund to Accelerate Blockchain Tech Adoption

Friday, October 15, 2021 - 1:50pm

NEW YORK, Oct. 15, 2021 /PRNewswire/ -- September 15, 2021 - Blockchain technology is becoming increasingly popular and thanks to a $1 billion growth fund being launched by the world's largest crypto exchange, it's about to get a lot bigger. Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology. At the same time, the total locked value in DeFi surpassed $200 billion, marking an impressive 855% increase since January 1, 2021, and revealing the market's growing appetite for blockchain, crypto, and decentralized finance (DeFi). As the popularity of blockchain increases, innovative companies like WonderFi Technologies Inc. (NEO:WNDR) (OTCPK:WONDF), Bitfarms (NASDAQ:BITF) (TSXV:BITF), Bit Digital (NASDAQ:BTBT), Mobilum Technologies Inc. (CSE:MBLM) (OTCPK:MBLMF) and DMG Blockchain (TSX-V:DMGI) (OTCQB:DMGGF) are taking steps to position themselves as market leaders in the expanding blockchain and crypto space.

Key Points: 
  • Binance just announced the launch of a billion-dollar fund in support of the Binance Smart Chain blockchain to accelerate the adoption of digital assets and blockchain technology.
  • WonderFi is also collaborating with Circle Internet Financial to offer customers the world's fastest-growing stablecoin, USDC through the WonderFi App.
  • Companies like Kevin O'Leary-backed WonderFi Technologies are providing solutions to support the growing blockchain, crypto, and decentralized finance markets as they become mainstream.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

VPC Impact Acquisition Holdings Shareholders Approve Business Combination with Bakkt

Thursday, October 14, 2021 - 10:00pm

VPC Impact Acquisition Holdings (VIH) (Nasdaq: VIHAU, VIH and VIHAW), a publicly traded special purpose acquisition company, today announced that, at the extraordinary general meeting of its shareholders held on October 14, 2021, the shareholders voted to approve its previously announced business combination (the Business Combination) with Bakkt Holdings, LLC (Bakkt), the digital asset marketplace founded in 2018.

Key Points: 
  • VPC Impact Acquisition Holdings (VIH) (Nasdaq: VIHAU, VIH and VIHAW), a publicly traded special purpose acquisition company, today announced that, at the extraordinary general meeting of its shareholders held on October 14, 2021, the shareholders voted to approve its previously announced business combination (the Business Combination) with Bakkt Holdings, LLC (Bakkt), the digital asset marketplace founded in 2018.
  • View the full release here: https://www.businesswire.com/news/home/20211014006112/en/
    Approximately 85.1% of the votes cast at the meeting voted to approve the Business Combination.
  • The Business Combination is expected to close on October 15, 2021, subject to the satisfaction or waiver of customary closing conditions.
  • VPC Impact Acquisition Holdings sponsor is an affiliate of Victory Park Capital, a global investment firm with a long track record of executing debt and equity financing transactions with some of the largest global Fintech companies.

DGAP-News: Polyus Finance Plc: Closing of USD 700 million Eurobonds offering

Thursday, October 14, 2021 - 5:11pm

THE SECURITIES ARE NOT INTENDED FOR "OFFERING", "PLACEMENT" OR "CIRCULATION" (EACH AS DEFINED IN RUSSIAN SECURITIES LAWS) IN THE RUSSIAN FEDERATION, EXCEPT AS PERMITTED BY RUSSIAN LAW.

Key Points: 
  • THE SECURITIES ARE NOT INTENDED FOR "OFFERING", "PLACEMENT" OR "CIRCULATION" (EACH AS DEFINED IN RUSSIAN SECURITIES LAWS) IN THE RUSSIAN FEDERATION, EXCEPT AS PERMITTED BY RUSSIAN LAW.
  • Polyus Finance plc (the "Issuer"), an indirect wholly-owned finance subsidiary of PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company") announces that the Issuer has closed and settled the issuance of USD 700 million notes due 14 October 2028 with a coupon of 3.25% per annum (the "Notes").
  • The Notes are guaranteed by PJSC Polyus and Joint Stock Company Polyus Krasnoyarsk, a wholly-owned subsidiary of the Company.
  • Forward-looking statements include statements relating to future capital expenditures and business and management strategies and the expansion and growth of Polyus' and/or Polyus group's operations.

Horizon Acquisition Corp. Announces PIPE Investment by DraftKings

Thursday, October 14, 2021 - 2:33pm

The investment will be part of the previously announced PIPE financing for the transaction, with DraftKings assuming a portion of Eldridges commitment.

Key Points: 
  • The investment will be part of the previously announced PIPE financing for the transaction, with DraftKings assuming a portion of Eldridges commitment.
  • Todd Boehly, Chairman and Chief Executive Officer of Horizon Acquisition Corp., commented, We are pleased to announce this investment from DraftKings, one of the countrys leading and most visible sports tech entertainment companies.
  • Jason Robins, Chief Executive Officer of DraftKings, commented, Like DraftKings, Vivid Seats is a technology-driven company aligned very closely with our customer-centric business model.
  • Neither Vivid Seats nor Horizon gives any assurance that either Vivid Seats or Horizon will achieve its expectations.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Esports Betting Industry On PC-Based Games Is On The Upswing

Thursday, October 14, 2021 - 1:55pm

PALM BEACH,  Fla., Oct. 14, 2021 /PRNewswire/ -- For a long time, the conversation in the gaming world was focused on mobile being the future of the industry. Now, in 2021, the future has officially arrived.  Our society is becoming more dependent on smartphones, with more than 90% of Americans owning a smartphone, and the rest of the developed world is only slightly behind the United States' pace. It is not a surprise that revenue from mobile gaming is rising, but the growth rate is something sportsbooks need to keep an eye on in the future. The more the common gamers pour their money into mobile gaming, the more sportsbooks will need to be ready to pounce. Already more than 40% of smartphone owners are paying at least $50 per month on games, which translates to $600 per year. That isn't a small sum for most people, and a quarter of the users are up to at least $1,000 per year on mobile gaming. Simply put, the future used to be mobile gaming, but it is becoming increasingly apparent that the future is here and the switch from PC gaming to mobile gaming is vital.   A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming. While most users are starting to use mobile gaming more than PC or consoles, the competitive gaming world has not made the switch yet. Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile." Active gaming and tech companies in the markets today include:  Esports Technologies (NASDAQ: EBET), Skillz (NYSE: SKLZ), Super League Gaming (NASDAQ: SLGG), Elys Game Technology, Corp. (NASDAQ: ELYS), Golden Nugget Online Gaming, Inc. (NASDAQ: GNOG).

Key Points: 
  • A recent article on iGamingBusiness.com said that: "The issue for sportsbooks offering esports options is that now is not the right time to roll out betting options on mobile gaming.
  • Most of the money is still in traditional esports played on PCs, and the industry has not adapted tournaments on a massive scale to mobile."
  • The esports betting industry on PC-based games is on the upswing, and sportsbooks need to capitalize on that while keeping an eye on the future.
  • In addition to Esports Technologies, sports betting industry leaders Draft Kings and Penn National as well as top retail and technology companies will be participating in the conference.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Rising Consumer Spending on CBD-infused Products Fueling Big Profits in Billion Dollar Industry

Thursday, October 14, 2021 - 1:50pm

PALM BEACH, Fla., Oct. 14, 2021 /PRNewswire/ -- The last two decades have seen a great deal of progress in global legalization and regulation of cannabis, both for medical and recreational use. Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products. The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products. Moreover, the usage of cannabis in pet food and the increasing demand for cannabis-infused drinks provide significant opportunities in this market. However, the high cost associated with CBD and stringent government regulations against cannabis in certain countries obstructs the growth of this market to some extent. A report from Meticulous Research projected that the CBD-infused products market is expected to grow at a CAGR of 45.6% from 2021 to 2028 to reach $216.8 billion by 2028. The report said, "The COVID-19 pandemic has severely impacted many economies around the globe. As a measure to control the spread of this disease and avoid its associated consequences, governments across the globe announced partial or complete lockdowns, majorly impacting many industries, but the cannabis industry is having a breakthrough moment. Since it is beneficial for COVID-19 respiratory effects, thus state and local governments are gradually accepting the value and benefits of medicinal cannabis. Thus, this factor is expected to boost the demand for CBD-infused products." Active Companies in the cannabis industry include Grove, Inc. (NASDAQ: GRVI), Trulieve Cannabis Corp. (OTCQX: TCNNF) (CSE: TRUL), Curaleaf Holdings, Inc. (OTCQX: CURLF) (CSE: CURA), Cronos Group, Inc. (NASDAQ: CRON) (TSX: CRON), Aurora Cannabis Inc. (NASDAQ: ACB) (TSX: ACB).

Key Points: 
  • Nowadays, the demand for cannabis is expected to increase significantly from the arrival of cannabis-infused products.
  • The growth of the overall CBD-infused products market is backed by the rising demand and increasing legalization of cannabis, growing application of cannabis in cancer, and health benefits offered by cannabis-infused products.
  • As a result, CBD-infused product sales are soaring, ultimately driving the growth of the CBD-infused products market.
  • "According to Bloomberg , Thrasio, having raised more than $2 billion, could see its IPO valued at more than $10 billion.

Capital Senior Living Announces Move to Virtual Special Meeting of Stockholders

Wednesday, October 13, 2021 - 10:27pm

Capital Senior Living Corporation (Capital Senior Living or the Company) (NYSE: CSU), a leading owner-operator of senior living communities across the United States, today announced that, due to the continued impact of COVID-19 and to protect the wellbeing of its employees, shareholders and community, the Special Meeting of Stockholders (the Special Meeting) scheduled for October 22, 2021 at 10:00 a.m. Central Time will be held solely in a virtual meeting format.

Key Points: 
  • Capital Senior Living Corporation (Capital Senior Living or the Company) (NYSE: CSU), a leading owner-operator of senior living communities across the United States, today announced that, due to the continued impact of COVID-19 and to protect the wellbeing of its employees, shareholders and community, the Special Meeting of Stockholders (the Special Meeting) scheduled for October 22, 2021 at 10:00 a.m. Central Time will be held solely in a virtual meeting format.
  • The Companys Board of Directors strongly recommends that all stockholders vote FOR each of the proposals at the Special Meeting.
  • Capital Senior Living stockholders who require assistance with voting their shares or have questions may contact Georgeson LLC at (866) 431-2108.
  • Dallas-based Capital Senior Living Corporation is one of the nations leading operators of independent living, assisted living and memory care communities for senior adults.