FIL

OTC Markets Group Upgrades Three Grayscale Products to OTCQX

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Grayscale Chainlink Trust (LINK) (OTCQX: GLNK), Grayscale Livepeer Trust (LPT) (OTCQX: GLIV) and Grayscale Solana Trust (SOL) (OTCQX:GSOL), have qualified to trade on the OTCQX® Best Market.
  • Grayscale Chainlink Trust (LINK), Grayscale Livepeer Trust (LPT) and Grayscale Solana Trust (SOL) begin trading today on OTCQX under the symbols “GLNK, GLIV, and GSOL” respectively.
  • These three products will join nine other Grayscale products currently trading on OTCQX: Grayscale Bitcoin Cash Trust (BCH), Grayscale Decentraland Trust (MANA), Grayscale Digital Large Cap Fund LLC, Grayscale Ethereum Trust (ETH), Grayscale Ethereum Classic Trust (ETC), Grayscale Horizen Trust (ZEN), Grayscale Litecoin Trust (LTC), Grayscale Stellar Lumens Trust (XLM), and Grayscale Zcash Trust (ZEC).
  • To round out a total of fifteen Grayscale products on the OTC Markets, Grayscale Basic Attention Token Trust (BAT), Grayscale Decentralized Finance (DeFi) Fund LLC, and Grayscale Filecoin Trust (FIL) trade on the OTCQB Market.

OKX's 16th Consecutive Proof of Reserves Report: USD17.7 Billion in Primary Assets

Retrieved on: 
Monday, February 26, 2024

DUBAI, UAE, Feb. 26, 2024 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced the release of its 16th consecutive Proof of Reserves (PoR) report, highlighting a total of USD17.7 billion and an average reserve ratio of 104% in primary assets.

Key Points: 
  • DUBAI, UAE, Feb. 26, 2024 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced the release of its 16th consecutive Proof of Reserves (PoR) report, highlighting a total of USD17.7 billion and an average reserve ratio of 104% in primary assets.
  • OKX included Bitcoin Cash (BCH) in its PoR report for the first time in January 2024.
  • Reiterating the consistency of previous reports, OKX's 16th consecutive monthly PoR report reveals reserve ratios of over 100% for all of these assets, thereby ensuring that user funds are backed on a 1:1 basis.
  • Since the inception of the program, OKX has integrated various updates and improvements to its PoR based on user feedback.

OKX's 16th Consecutive Proof of Reserves Report: USD17.7 Billion in Primary Assets

Retrieved on: 
Monday, February 26, 2024

DUBAI, UAE, Feb. 26, 2024 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced the release of its 16th consecutive Proof of Reserves (PoR) report, highlighting a total of USD17.7 billion and an average reserve ratio of 104% in primary assets.

Key Points: 
  • DUBAI, UAE, Feb. 26, 2024 /PRNewswire/ -- OKX , a leading global Web3 technology company and crypto exchange, today announced the release of its 16th consecutive Proof of Reserves (PoR) report, highlighting a total of USD17.7 billion and an average reserve ratio of 104% in primary assets.
  • OKX included Bitcoin Cash (BCH) in its PoR report for the first time in January 2024.
  • Reiterating the consistency of previous reports, OKX's 16th consecutive monthly PoR report reveals reserve ratios of over 100% for all of these assets, thereby ensuring that user funds are backed on a 1:1 basis.
  • Since the inception of the program, OKX has integrated various updates and improvements to its PoR based on user feedback.

OKX's 15th Consecutive Proof of Reserves Report: USD14.9 Billion in Primary Assets, Including Bitcoin Cash For First Time

Retrieved on: 
Wednesday, January 31, 2024

As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.

Key Points: 
  • As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.
  • The current reserve ratios for OKX's primary assets are as follows:
    OKX Global Chief Commercial Officer Lennix Lai said: "Our Proof of Reserves program stands as a symbol of transparency and trust in the industry.
  • We remain steadfast in our commitment to regularly publish monthly reports, incorporate user feedback and adopt industry best practices.
  • In October 2023, OKX marked the one-year anniversary of its PoR program with a video advocating for Proof of Reserves as an industry standard.

OKX's 15th Consecutive Proof of Reserves Report: USD14.9 Billion in Primary Assets, Including Bitcoin Cash For First Time

Retrieved on: 
Wednesday, January 31, 2024

As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.

Key Points: 
  • As with its previous reports, OKX's 15th consecutive monthly PoR reveals reserve ratios of over 100% for all of these assets.
  • The current reserve ratios for OKX's primary assets are as follows:
    OKX Global Chief Commercial Officer Lennix Lai said: "Our Proof of Reserves program stands as a symbol of transparency and trust in the industry.
  • We remain steadfast in our commitment to regularly publish monthly reports, incorporate user feedback and adopt industry best practices.
  • In October 2023, OKX marked the one-year anniversary of its PoR program with a video advocating for Proof of Reserves as an industry standard.

Global Copper Mining Market Size Projected to Reach $11.17 Billion By 2030 as Investments in Infrastructure Jump

Retrieved on: 
Thursday, January 11, 2024

A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.

Key Points: 
  • A report from Fortune Business Insights said that the global copper mining market size, which was valued at USD 8.44 billion in 2022 is projected to grow from USD 8.87 billion in 2023 to USD 11.17 billion by 2030, exhibiting a CAGR of 3.3% during the forecast period.
  • Copper is essential for constructing infrastructure projects such as buildings, bridges, and electrical systems.
  • Hence, government initiatives and policies promoting infrastructure development can significantly boost the market.
  • The mining industry, mainly of copper, will likely increase significantly due to increased investment in construction and construction projects.

Jalisco is Sought Out as Host for Major Global Events, Hospitality Openings

Retrieved on: 
Wednesday, December 20, 2023

JALISCO, Mexico, Dec. 20, 2023 /PRNewswire-PRWeb/ -- Having welcomed 28 million visitors in 2023, Jalisco – home of iconic Mexican heritage including mariachi and tequila – has established itself as an in-demand destination for high-profile events and congresses, and an attractive location for ultra-luxury hospitality offerings across its major tourism regions including Puerto Vallarta, Guadalajara, Costalegre and 12 Pueblos Magicos (Magical Towns). In its bicentennial year, the western Mexican state hosted numerous globally-attended events, such as Gay Games and the Ariel Awards, and celebrated the return of annual experiences like the Guadalajara Open. With an array of new luxury hotel openings, exciting sporting events and major medical congresses on the horizon for 2024 and beyond, it is clear that Jalisco is not slowing down anytime soon.

Key Points: 
  • With an array of new luxury hotel openings, exciting sporting events and major medical congresses on the horizon for 2024 and beyond, it is clear that Jalisco is not slowing down anytime soon.
  • With an array of new luxury hotel openings, exciting sporting events and major medical congresses on the horizon for 2024 and beyond, it is clear that Jalisco is not slowing down anytime soon.
  • A destination for travelers seeking a harmonious blend of luxury and cultural immersion, Jalisco welcomed notable hospitality offerings this year and unveiled plans for significant future openings.
  • Jalisco stands as a haven for the arts with a vibrant lineup of annual arts and culture events.

WNS Announces Addition of Judy Marlinski to the Board of Directors

Retrieved on: 
Tuesday, November 14, 2023

WNS (Holdings) Limited (NYSE: WNS) (‘the Company’ or ‘WNS’), a leading provider of global Business Process Management (BPM) solutions, today announced the appointment of Judy Marlinski to the Company’s Board of Directors effective December 1, 2023.

Key Points: 
  • WNS (Holdings) Limited (NYSE: WNS) (‘the Company’ or ‘WNS’), a leading provider of global Business Process Management (BPM) solutions, today announced the appointment of Judy Marlinski to the Company’s Board of Directors effective December 1, 2023.
  • She is currently the Chair of the Board of Independent Directors in both North America and the UK for Newton Investment Management, a subsidiary of BNY Mellon Investment Management.
  • Ms. Marlinski holds a Master of Business Administration from Boston University and a Bachelor of Science Degree from Cornell University.
  • “Judy brings a demonstrated track record of senior leadership in financial services, product management, and international markets to WNS,” said Tim Main, WNS’ Chairman of the Board.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on: 
Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security.  Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession.  A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years.  Active mining companies in markets include:  Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points: 
  • A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
  • The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
  • Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
  • This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.

Why Uncertain Times are Fueling Demand for Precious Metals as Safe-Haven Investments

Retrieved on: 
Thursday, November 2, 2023

PALM BEACH, Fla., Nov. 2, 2023 /PRNewswire/ -- Economic uncertainty, a major driver of the present precious metal market recovery, looms big, in the global financial arena. Precious metals such as gold, silver, platinum, and palladium have traditionally been considered safe-haven investments, but current market conditions have increased the value of these assets. In an era of economic turbulence and uncertainty, precious metals shine as a beacon of financial security.  Concerns about the purchasing power of money have increased the appeal of gold, silver, platinum, and palladium. The low-interest-rate environment, which central banks have maintained to spur economic recovery, has made traditional interest-bearing investments less appealing. Investors have also become more concerned about stock market volatility and the ever-present risk of a market correction or disaster. Economic instability has created a desire for diversity, pushing investors to add precious metals to their portfolios to limit risks and hedge against the chance of a quick market recession.  A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033. It said the gold segment has witnessed a surge in demand over the past few years and accounted for a market share of around 81.5% in 2022 and the silver segment is forecasted to expand at a CAGR of 2.5% over the next 10 years.  Active mining companies in markets include:  Regency Silver Corp. (OTCQB: RSMXF) (TSX-V: RSMX), Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM), Hercules Silver Corp. (OTCQB: BADEF) (TSX-V: BIG), Pan American Silver Corp. (NYSE: PAAS) (TSX: PAAS), Filo Corp. (OTCQX: FLMMF) (TSX: FIL).

Key Points: 
  • A report from Fact.MR projects that the global precious metals market is projected to reach a valuation of US$ 445.76 billion by 2033.
  • The Fact.MR report said: "The comeback of safe-haven investments is one of the most noticeable trends in the precious metal market.
  • Institutions such as central banks and huge investment funds are progressively diversifying their portfolios, with precious metals driving market growth.
  • This move not only demonstrates their rising confidence in the long-term value of certain metals but also fuels the demand for precious metals.