Remote Operations Service Element protocol

Global Managed Application Services Market to Reach $8.9 Billion by 2026

Retrieved on: 
Wednesday, October 20, 2021

SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Managed Application Services - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, Oct. 20, 2021 /PRNewswire/ --A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Managed Application Services - Global Market Trajectory & Analytics" .
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    Amid the COVID-19 crisis, the global market for Managed Application Services estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$8.9 Billion by 2026, growing at a CAGR of 19.3% over the analysis period.
  • The U.S. Market is Estimated at $1.1 Billion in 2021, While China is Forecast to Reach $1.6 Billion by 2026
    The Managed Application Services market in the U.S. is estimated at US$1.1 Billion in the year 2021.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

DGAP-News: Advanced Blockchain AG Has Invested in Element Finance Via its Subsidiary

Retrieved on: 
Wednesday, October 20, 2021

Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) has invested via a subsidiary into Element Finance,an open source protocol for fixed and variable yield markets in decentralized finance (DeFi).

Key Points: 
  • Advanced Blockchain AG (Frankfurt, Primary Market Dsseldorf, XETRA: ISIN DE000A0M93V6) has invested via a subsidiary into Element Finance,an open source protocol for fixed and variable yield markets in decentralized finance (DeFi).
  • The project closed their Series A by successfully raising $32 million at a $320 million valuation, of which Advanced Blockchain AG, through its subsidiary invested a 7 figure amount, positioning Advanced Blockchain AG as one of the largest investors in the round.
  • More information about Element Finance and its protocol can be found on the Element Finance website( https://www.element.fi/ ).
  • In addition, Advanced Blockchain plans to integrate Element Finance into numerous portfolio and incubated companies, catalyzing growth and expansion across Advanced Blockchain AG's portfolio.