News Hub | News Direct

Technology

Artificial Intelligence Big Data Cloud Computing Cyber Security Data Management Electronics Enterprise & Network Technology Financial Technology Hardware Mobile & Wireless Nanotechnology Semiconductor Software Telecommunications
Article thumbnail News Release

Elluminex (ELX): New Decentralized Exchange Spearheading DeFi Revolution On Toncoin Nertwork

Elluminex

The decentralized finance space has changed over the years and appears ready to replace traditional finance institutions, which have faced significant regulatory scrutiny, security, and privacy issues. According to Forbes, the DeFi market could explode to over $450B by 2030, which is more than 300% growth from its current market size. Elluminex (ELX) is ideally positioned to grab a share of this growing market thanks to its revolutionary DeFi hub on the TON blockchain. This new project could transform the largely untapped Toncoin network, much like how Jupiter (JUP) revolutionized Solana to become one of the dominant players in DeFi. Since Jupiter's launch, Solana has become a goldmine of explosive meme coin opportunities. Now, market participants anticipate that TON could benefit from its Jupiter-like platform―Elluminex (ELX). Let’s find the possibilities! Elluminex (ELX) To Drive DeFi Adoption On Toncoin Network Despite being among the fastest-growing blockchains, Toncoin is underdeveloped, mainly in terms of the DeFi landscape. However, this might soon change, thanks to Elluminex (ELX). The DeFi platform seeks to leverage the over 950 million users in the network to bring DeFi to the blockchain, transforming it and taking its capabilities and vast reach to the next level. The altcoin seeks to combine fragmented liquidity and leverage TON’s scalability and speed to power cross-chain swaps across 40 networks. Therefore, traders on TON will access liquidity from major networks. This increased liquidity will ensure a more efficient trading experience, minimizing slippage, which is critical for traders since slippage usually eats into profits. This will, in turn, stabilize prices in the TON ecosystem. With this view, more developers could launch on the chain. Jupiter brought this to the Solana network when it launched. Additionally, the project’s non-custodial approach, which does not require rigorous KYC processes, enables users to retain complete control over their assets. What Features Are Triggering Elluminex Adoption? Elluminex seeks to provide a seamless and user-friendly platform that allows users to trade, stake, farm, bridge, and track their portfolios. By combining these features in a single unified platform, Elluminex could open up the DeFi space for beginners and experienced users. The decentralized exchange enables users to trade an array of crypto assets from their wallets to ensure security and control. To empower informed decision-making, Elluminex features an AI portfolio tracker that enables traders to monitor, analyze, and gain insights into their assets’ performance. It also has a comprehensive educational academy that helps users broaden their knowledge of Decentralized finance (DeFi). Additionally, the platform has a pre-market access feature, where users gain early access to new TON projects through an over-the-counter platform before they are officially launched on significant exchanges. This opens the door to opportunities for traders to enter high-potential projects at the nascent stage. Outside of that, users can earn rewards by staking the token and offering liquidity to the ecosystem. ELX Token Set For Exponential Rallies The ELX token will power significant processes within its ecosystem, including governance and staking rewards. At the ongoing presale, Elluminex is selling for only $0.06. Given its innovative features and a focus on accessibility, Elluminex could see exponential growth before the end of its presale, positioning it among the best crypto to watch in 2025. The presale just started a few weeks ago, and Elluminex has already raised over $300,000 in ICO funding. This attests to its growing demand and growth potential. Now could be the best time to join the Elluminex revolution, as it stands a chance of making massive returns. With its cross-chain capabilities and TON’s affiliation with Telegram's nearly 1 billion users, ELX's price will likely skyrocket in the months ahead. This makes it the best DeFi coin to buy now. Join the community and make Elluminex part of your portfolio today! Website: elluminex.com/ X (Twitter): https://x.com/elluminex Telegram: https://t.me/Elluminex YouTube: https://www.youtube.com/@Elluminex Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, it would immediately transform the chain and take its capabilities and vast reach to the next level. (ELX is a transformative crypto for the TON chain) Simply having lots of token holders and liquidity means nothing if project owners, developers are not able to tap into and utilise it, and crypto users are not able to trade it freely and seamlessly. Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy press@elluminex.com Company Website https://elluminex.com/

February 24, 2025 07:31 AM Eastern Standard Time

Image
Article thumbnail News Release

World Mobile Recognized as ITB Innovator 2025 for Transforming Global Travel Connectivity

Rev Up Marketers

World Mobile has been named an ITB Innovator 2025 by ITB Berlin, the world’s leading travel trade show, in recognition of its groundbreaking advancements in travel technology. This prestigious honor highlights World Mobile’s role in redefining global travel connectivity through its unlimited travel eSIM, which offers seamless, high-speed internet access across more than 120 countries. With international travel on the rise, the demand for reliable, cost-effective connectivity has never been greater. Traditional roaming fees, SIM card swaps, and unreliable public Wi-Fi have long been pain points for travelers. World Mobile has addressed these challenges by establishing partnerships with over 250 mobile networks worldwide, ensuring a seamless and uninterrupted internet experience for users. Haim Boukai, Senior VP of Business Development at World Mobile, described the recognition as a validation of the company’s commitment to revolutionizing travel connectivity. He emphasized that in an increasingly digital world, staying connected should be effortless, affordable, and worry-free. Unlike traditional SIM cards and many existing eSIM solutions, World Mobile’s technology enables travelers to stay online without concern about data limits, hidden fees, or unreliable connections. By automatically connecting to the strongest available local network, it provides uninterrupted global access, setting a new standard for travel connectivity. The ITB Innovator 2025 award not only underscores World Mobile’s leadership in travel technology but also presents a valuable opportunity for airlines, travel agencies, and hospitality providers to integrate seamless eSIM solutions into their services. As the demand for digital solutions grows, travel businesses can enhance customer experience and offer a more connected journey. Looking ahead, World Mobile is actively investing in next-generation connectivity solutions, including AI-driven network optimization, enhanced 5G integration, and strategic partnerships with major travel platforms. With a commitment to continuous innovation, the company remains at the forefront of digital transformation in the travel industry. About World Mobile Founded in 2019, World Mobile is a leading provider of global travel connectivity solutions. By leveraging cutting-edge eSIM technology and strategic partnerships with over 250 mobile networks, the company ensures seamless, high-speed internet access across more than 120 countries. Its unlimited travel eSIM is designed to eliminate the complexities of traditional roaming, offering travelers an affordable and hassle-free way to stay connected. For more detail Visit: https://www.worldmobile.com/ Contact Details World Mobile Haim Boukai affiliate@worldmobile.com Company Website https://www.worldmobile.com/

February 24, 2025 05:55 AM Eastern Standard Time

Article thumbnail News Release

Towerstone Accountants Launches Inheritance Tax Advisory Service Amid Upcoming Pension Tax Changes

Rev Up Marketers

Towerstone Accountants has announced the launch of a specialized Inheritance Tax Advisory Service to help individuals navigate the significant upcoming changes to pension taxation. With new rules set to take effect in 2027, unspent pension funds will become subject to Inheritance Tax (IHT) at 40%, potentially impacting thousands of families. Proactive Planning for Changing Tax Rules For years, pensions have served as a tax-efficient way to pass down wealth. However, under the revised regulations, any remaining pension funds at the time of death will be included in the deceased’s estate, making them subject to IHT. "Many individuals have structured their financial plans around the assumption that pensions are outside the IHT net," said Christina Odgers, Managing Director at Towerstone Accountants. "This change requires a proactive approach, and our new Inheritance Tax Advisory Service is designed to help clients safeguard their wealth." Tailored Strategies for Tax Efficiency Towerstone Accountants’ Inheritance Tax Advisory Service will provide personalized strategies, including: Optimized Pension Withdrawals – Advising clients on the most tax-efficient ways to draw down their pension while reducing their estate’s taxable value. Early Gifting Plans – Helping clients leverage HMRC’s tax-free gifting rules, ensuring funds reach their loved ones instead of being lost to tax. Alternative Investment Planning – Exploring tax-efficient investment options, such as Business Relief-qualifying assets, to protect wealth from IHT. Estate Structuring & Trusts – Assisting clients in setting up trusts and maximizing available allowances for spouses, civil partners, and charities. Helping Clients Stay Ahead of HMRC With the 2027 deadline fast approaching, Towerstone Accountants urges individuals to review their estate plans now. "Waiting until the last minute could mean losing a significant portion of your inheritance to tax," said Laura Stevenson, Estate Planning Expert. "Our team is ready to help clients develop robust tax strategies tailored to their needs." Book a Consultation Today Towerstone Accountants is now offering free initial consultations for individuals concerned about the upcoming IHT changes. To learn more or schedule an appointment, visit https://www.towerstone.co.uk/ or contact the estate planning team directly. About Towerstone Accountants Towerstone Accountants is a leading advisory firm specializing in tax planning, wealth management, and estate strategies. With a team of experts dedicated to minimizing tax liabilities and preserving family wealth, Towerstone provides tailored financial solutions for individuals and businesses alike. Contact Details Towerstone Accountants Ltd Christina Odgers +44 1234 889034 Christina@towerstone.co.uk Company Website https://www.towerstone.co.uk/

February 24, 2025 05:52 AM Eastern Standard Time

Image
Article thumbnail News Release

Nansen Joins TRON as a Super Representative, Enhancing Blockchain Transparency and Governance

Nansen

Singapore – February 21, 2025 – Nansen, a leading blockchain analytics platform, is thrilled to announce its appointment as a TRON Super Representative (SR). As a Super Representative, Nansen will play a pivotal role in ensuring the security, efficiency, and transparency of the TRON network by participating in block production and governance, further aligning with TRON’s mission to decentralize the internet. TRON is a high-performance Layer-1 blockchain designed to deliver fast, scalable, reliable, and cost-effective solutions, and has been at the forefront of the decentralized ecosystem, supporting a vast range of digital assets, decentralized applications (dApps), and smart contracts. By becoming a TRON Super Representative, Nansen will not only contribute to the technical maintenance of the network but also bring advanced analytics and on-chain insights to the TRON community, enhancing transparency across its ecosystem. "Becoming a TRON Super Representative is a natural extension of our mission to surface the signal and create winners. We look forward to supporting TRON’s governance and contributing to the continued growth of its ecosystem with our data analytics expertise." – Alex Svanevik, CEO, Nansen Strategic Role in Blockchain Governance and Analytics As part of its new role as a Super Representative, Nansen will provide its cutting-edge blockchain analytics tools to offer unprecedented insights into the TRON blockchain. Nansen’s comprehensive dashboards and reports — which track smart contracts, wallet activity, and on-chain movements — will now be accessible to TRON’s developers, institutional investors, and wider community. This collaboration is expected to accelerate data-driven decision-making and deepen understanding of TRON’s network. "Nansen’s blockchain analytics are unparalleled, and we are excited to welcome them as a Super Representative. Their data-driven approach will further strengthen the integrity and transparency of the TRON network as we push forward with our mission to decentralize the web." – Justin Sun, Founder of TRON Supporting TRON’s Vision of a Decentralized Internet The TRON network has seen remarkable growth since its mainnet launch in 2018, with over 277 million user accounts, $24.6 billion in total value locked (TVL), and more than 9.1 billion total transactions to date. As TRON continues to scale and provide fast, low-cost transactions for developers and users, Nansen’s analytics will play a critical role in optimizing its ecosystem for both retail and institutional participants. Through this collaboration, Nansen and TRON aim to set a new standard for blockchain transparency and governance, driving further adoption of decentralized finance (DeFi) and Web3 technologies. As a HackaTRON Data Platform Partner and past judge, Nansen offers valuable insights into on-chain data and DeFi, highlighting the importance of user experience. About Nansen Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels. Crypto investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with our real-time dashboards and alerts. Visit https://nansen.ai to find out more. Media Contact Shennon nansen@hokkupr.com About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018. Until recently, TRON hosted the largest circulating supply of USD Tether (USDT) stablecoin, exceeding $60 billion. As of February 2025, the TRON blockchain has recorded over 288 million in total user accounts, more than 9.5 billion in total transactions, and over $19.6 billion in total value locked (TVL), based on TRONSCAN. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Shennon nansen@hokkupr.com

February 21, 2025 11:32 AM Eastern Standard Time

Image
Article thumbnail News Release

Strategic Insights: XLB ETF's Key Holdings in the Dynamic Materials Sector

Select Sector SPDR

As economic landscapes shift globally, the Materials Select Sector SPDR Fund ( XLB ) positions itself as a key asset for those seeking exposure to the ever-evolving materials sector. The XLB ETF offers a strategic portfolio that captures diverse segments of this vital segment, providing investors with a comprehensive investment option. Diverse Exposure to the Materials Sector The Materials Select Sector SPDR Fund (XLB) is designed to provide investors with access to the materials sector's wide array of industries, including chemicals, construction materials, packaging, containers, metals and mining, as well as paper and forest products. This varied exposure is crucial for those looking to understand and capitalize on the dynamic nature of the global economy. Key Holdings* in XLB The XLB ETF comprises 28 companies representing various industries within the materials sector. Below are some of its key holdings: Linde (LIN): 21.35% Sherwin-Williams (SHW): 8.34% Air Products & Chemicals (APD): 7.49% Ecolab (ECL): 6.34% Freeport-McMoRan (FCX): 5.18% Newmont (NEM): 4.89% Corteva (CTVA): 4.51% Vulcan Materials (VMC): 3.64% Martin Marietta Materials (MLM): 3.34% DuPont de Nemours (DD): 3.23% These holdings reflect XLB's commitment to include all S&P 500 components in the materials sector, ensuring investors gain exposure to multiple facets of these essential industries. Relevance in Current Economic Climate Amidst global economic adjustments and increased infrastructure investment, the materials sector remains crucial. The ongoing demand for building materials is further stimulated by legislative developments such as the recent infrastructure bill, which promises substantial investments in transportation, broadband, and clean energy. This context underscores the strategic positioning of XLB as a relevant and timely investment option. Expense Ratio and Strategic Positioning With a competitive expense ratio of 0.08%**, the XLB ETF ensures cost-effective participation in the materials sector. Its strategic holdings highlight its role as an essential component for investors seeking to navigate the complexities of current economic conditions. About Materials Select Sector SPDR Fund (XLB) The Materials Select Sector SPDR Fund (XLB) offers a well-rounded approach to investing in the materials sector, suitable for those aiming to capitalize on emerging trends in construction and infrastructure development. As an ETF, XLB provides an efficient and targeted means to engage with this critical industry. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Holdings, Weightings & Assets as of 1/31/25 subject to change **Ordinary brokerage fees apply DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL008214 EXP 4/30/25 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

February 21, 2025 05:00 AM Eastern Standard Time

Article thumbnail News Release

Lisk Leverages Fireblocks’ Institutional-Grade Digital Assets Infrastructure

Lisk

Lisk, a Layer 2 Ethereum blockchain designed to empower Web3 builders in high-growth markets, today announces its integration with Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, to provide institutions with robust, scalable infrastructure for managing digital assets securely on the Lisk Network. Through this integration, Fireblocks will enable institutions to securely store and manage LSK tokens alongside other digital assets, such as Bitcoin (BTC) and Ethereum (ETH), providing a comprehensive solution for asset custody, tokenization, and decentralized finance activities. Fireblocks' industry-leading Multi-Party Computation (MPC) technology ensures the highest level of security and its platform offers a compliant environment for digital asset management in accordance with regulatory requirements. By working with Fireblocks, Lisk aims to attract increased institutional engagement with its rapidly growing ecosystem, which is focused on high-growth markets and has seen significant momentum as more enterprises seek reliable blockchain solutions for their Web3 products and services. With Fireblocks’ support, institutions can engage in DeFi activities, from earning yield to trading, and interact seamlessly across multiple blockchains with Lisk at the forefront. With approximately $103 billion in total market capitalization between Bitcoin and Ethereum ETFs, institutional interest in crypto is rising, with organizations increasingly diving deeper into Web3. For instance, DeFi activity on the Fireblocks platform surged to $60 billion in total transactions last year. With more global regulatory clarity on the horizon, another wave of institutional activity is expected. This makes it the perfect time for Lisk to integrate with Fireblocks, providing institutions with the secure and reliable infrastructure necessary to engage in the rapidly expanding world of decentralized finance and Web3. “Institutions are more interested in crypto than ever, and they are looking for a safe and trusted platform to dive into the world of digital assets,” said Dominic Schwenter, COO of Lisk. “That’s why we chose to utilize Fireblocks—because we believe they will help onboard more institutions into the Lisk ecosystem and provide the institutional-grade security and compliance that organizations need to thrive.” Key Benefits of the Fireblocks and Lisk Integration: Institutional Web3 Wallet Solutions: Fireblocks provides a robust infrastructure for institutions to manage digital assets on the Lisk Network, ensuring a streamlined, secure, and compliant experience. Digital Asset Custody: Institutions can securely store LSK and other assets without needing individual private key management, mitigating risk and enhancing security. Multi-Blockchain Support: Fireblocks' support for 100+ blockchains, including Lisk, enables institutions to manage a diverse range of digital assets on a single platform. Institutional DeFi & Web3 Integration: Institutions can interact with decentralized finance protocols, use assets for yield generation, and fully engage with Web3 services, unlocking new opportunities within the Lisk ecosystem. Improved Security & Compliance: Fireblocks offers best-in-class security features, including leveraging Multi-Party Computation (MPC) technology to safeguard institutional assets, as well as compliance integrations to meet evolving regulatory compliance requirements. About Lisk Lisk is a Layer 2 blockchain dedicated to bringing Web3 adoption in emerging markets back to Ethereum. By leveraging cost-efficient, scalable, and innovative Layer 2 technology, Lisk enables real-world applications in emerging markets to operate efficiently on Ethereum for the first time. Lisk's founder-focused approach provides a comprehensive ecosystem of startup programs, tooling, seed liquidity, and knowledge bases to support local founders from inception to success. As a long-standing Web3 infrastructure project, Lisk has been contributing towards democratizing blockchain accessibility for developers globally since 2016. As an original member of the Optimism Superchain, Lisk also plays a pivotal role in building the industry’s first truly interoperable supernetwork alongside Optimism, Base, Mode, and Worldchain.For more information, visit us on X and join our network of builders to start building for the real world. Contact Details Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

February 20, 2025 10:59 AM Eastern Standard Time

Article thumbnail News Release

BridgeFT Named Winner at the Annual WealthBriefing Americas Awards for Third Year in a Row

BridgeFT

BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables enterprise wealth management firms, registered investment advisors (RIAs), turnkey asset management platforms (TAMPs), and Fintech innovators to deliver better, data-driven outcomes for their clients, announced today that it has been awarded the Data Information / Business Intelligence Provider and Business Infrastructure awards at the Annual WealthBriefing WealthTech Americas Awards 2025. The annual WealthBriefing WealthTech Americas Awards program recognizes the most innovative and exceptional firms, teams and individuals. The awards have been designed to showcase outstanding organizations grouped by specialism which the prestigious panel of independent judges deemed to have “demonstrated innovation and excellence during the last year.” “This recognition yet again validates the impact our Wealthtech-as-a-Service platform has had on the industry over the past several years,” said Joe Stensland, Chief Executive Officer of BridgeFT. “We’re honored to receive this recognition for the third year, reaffirming our commitment to delivering essential data, analytics, and application infrastructure to the wealth management industry.” BridgeFT’s WealthTech API offers a single, open API to trade-ready, multi-custodial data, advanced analytics, and application services. WealthTech API eliminates the need for individual data feeds from a range of custodians and back-office providers, enabling wealth management firms and wealthtech application providers to create differentiated, client-advisor experiences. BridgeFT is the wealth management industry’s only source for total wealth data aggregation providing access to a single source of truth for critical client, account, securities and transactional data that spans an unmatched range of financial data sources, asset classes, and account types to power next generation applications and advanced analytics. The WealthBriefing WealthTech Americas Awards are part of a global program run by WealthBriefing, and its sister publications WealthBriefingAsia and Family Wealth Report, encompassing all of the world’s major wealth management centers. "Every winning entrant has been subjected to a rigorous and independent judging process and should be rightly proud of the success they have achieved this year,” said Stephen Harris, ClearView Financial Media’s CEO, and publisher of WealthBriefing. “These awards give organizations and individuals the opportunity to clarify their strategic thinking, have it independently validated, be recognized internally and externally and to celebrate in style with their peers.” About BridgeFT BridgeFT is a cloud-native, API-first wealth infrastructure software company that enables financial institutions, FinTech innovators, TAMPs, and registered investment advisors to deliver better, data-driven outcomes for their clients. Our WealthTech-as-a-Service platform, WealthTech API, makes wealth management technology better by accelerating, simplifying and reducing the cost of app development and maintenance, so our clients can focus on delivering next generation wealth management applications and unique digital experiences that amplify their differentiators. Leading financial services firms and technology companies trust BridgeFT to power their digital wealth management ecosystems and automate critical back-office operations -- seamlessly aligning multi-custodial data aggregation, advanced analytics and reporting, and application services to deliver truly personalized client experiences. For more information, visit bridgeft.com. About ClearView Financial Media Ltd (“ClearView”) ClearView Financial Media was founded by Chief Executive Stephen Harris in 2004 to provide high quality ‘need to know’ information for the discerning private client community. London-based, but with a truly global focus, ClearView publishes the WealthBriefing group of newswires, along with research reports and newsletters, while also running a pan-global thought-leadership events and awards program. Contact Details For BridgeFT Peter Page, Vocatus ppage@vocatusllc.com Company Website https://www.bridgeft.com/

February 20, 2025 08:30 AM Eastern Standard Time

Article thumbnail News Release

Unit Network Secures $18 Million in Strategic Investment from Crypto Category Leaders

Unit Network

Unit Network, a unique, decentralized financial ecosystem enabling trade of real-world and digital assets through tokenization, today announced the successful closing of $18 million in capital investment. This round was led by industry leaders such as the Blockchain Founders Fund and Outlier Ventures, alongside notable entrepreneurs including Cristina Venture (White Star Capital), Diego Gutiérrez Zaldívar (Rootstock), Joshua Seims (Metastable Capital), Richard Wang (Draper Dragon Fund), Thomas Hessler (Zanox), Yuval Rooz (DigitalAsset.com). Other investors also include world-renowned poker players Alec Torelli and Huck Seed, and musician Oliver Tree. Already serving a global community of 50,000 active users, Unit Network has been built on its own blockchain to eliminate barriers in traditional finance, enabling businesses, creators, and communities to seamlessly launch and manage tokenized assets. This funding will enable Unit Network to scale its blockchain infrastructure, integrate with additional blockchain ecosystems, and expand tokenization efforts in key industries such as real estate, gaming, and digital commerce. “With tens of millions of businesses, creators, and communities looking to participate in the digital economy, the need for accessible and equitable financial tools has never been greater,” said Michael Healy, co-founder & CEO of Unit Network. “As our ecosystem continues to grow, we are seeing firsthand how a strong, engaged community fosters creativity, strengthens economic collaboration, and opens new pathways for economic participation. This investment moves us closer to a world where financial access is open, ownership is shared, and economic opportunities are available to us all.” Unit Network is built on three core pillars: (1) financial inclusion through a cooperative economic model, (2) a seamless crowdfunding platform for easy capital raising, and (3) a decentralized ownership exchange that empowers businesses and communities. Unit also provides a crowdfunding platform that allows anyone to raise capital with ease while building on new ventures. Lastly, Unit enables businesses of all sizes to turn their customers, employees, and supporters into co-owners through a decentralized ownership exchange. “By giving communities direct avenues to support and invest in the ventures they believe in, we’re establishing a new blueprint for economic growth,” added Kat Miroshnikova, co-founder of Unit Network. “When individuals evolve from mere consumers into true stakeholders, we open the door to an economy where shared success is not just an aspiration but a tangible outcome.” “Technology should empower people, not limit them. Our investors understand and are excited that Unit Network is focused on removing barriers to finance,” said Healy. “By making tokenization as simple and accessible as possible, Unit is unlocking new opportunities for users to take control of their economies and drive meaningful change in the financial industry.” Unit Network is a decentralized financial platform designed to make tokenization simple, accessible, and impactful. Built on its own Layer one blockchain, the platform enables businesses, creators, and communities to launch and manage tokenized assets. With over 50,000 active users, Unit Network is rapidly expanding its global community. By simplifying tokenization, it empowers businesses, creators, and investors to participate in a fairer financial system. Learn more at Unit.Network. Contact Details Unit Network Unit Network UnitNetwork@hotpaperlantern.com Company Website https://unit.network

February 20, 2025 08:00 AM Eastern Standard Time

Article thumbnail News Release

XRP In Legal Limbo? Investors Are Turning To Cutoshi For Stable Growth

Cutoshi

The cryptocurrency realm appears to be on a consistent roll, and the never-ending legal disputes regarding the XRP token further complicates matters for the investors. In light of growing regulatory confusion and a series of Ripple’s misfortunes, many are now pivoting to new token offerings that seem to have solid fundamentals. One such offering is Cutoshi (CUTO), which amalgamates a deflationary token with the potent DeFi offering. As the other XRP challenges ramp up, CUTO further attracts attention as a novel community-driven cryptocurrency brand that is capturing the imagination of the investors. Latest On XRP’S Troubles, ETF Issues Even with the enforcement of a bearish atmosphere perpetuated by the turbulent economy, XRP is still neck-deep in protracted litigation with the SEC. Cutoshi looks to be in a great place as tokenomics seem favorable, with strong support building at lower levels. What could be a game changing shift for all of crypto, the SEC recently verified a number of XRP ETF applications, including Grayscale, which finally set off an official countdown of 240 days to get reviewed. Market prediction platforms, for example Polymarket, now puts the chances of XRP ETF approval at a remarkable 81% by 2025 and there is no shortage of hope in optimism surrounding the move. Many investors are also concerned regarding the possible withdrawal of the SEC’s appeal in Ripple’s case. After winning a partial victory in 2023, where a federal judge ruled that XRP’s sales to retail investors did not amount to securities transactions, in the aftermath winning, the SEC still went on more legal actions that have further obscured XRP's regulatory status. Nonetheless, the renewed ETF filings and the SEC’s shifting position suggests that there is indeed some change in the air. Even with the aforementioned developments, the future remains uncertain for XRP and that is the reason why a lot of investors are looking for safe havens in alternative tokens with clearer and more stable regulatory conditions. Cutoshi: A Deflationary Safe Haven With Robust Utility Unlike XRP's continuous legal and regulatory issuance, Cutoshi (CUTO) on the other hand, is positioning itself as a leader of creativity and innovation. Now in Stage 5 of its presale, Cutoshi tokens is currently priced at $0.045, dramatically above the initial launch price of $0.015, and have raised more than $1.8 million. There is a 35% bonus reward for early investors, which makes this opportunity attractive from both a financial and accessibility standpoint. Cutoshi’s Vivid Ecosystem Cutoshi's multi-chain DEX is unique in that it provides a wide range of DeFi services that offer benefits in the real world. The platform facilitates low-cost (0.25%) cross-chain transactions, making trading easier and cheaper for users. In addition to efficient trading, Cutoshi also supports passive income yielding farming and staking programs further enabling everyday transactions to be more wealth accretive over the long-term. Furthermore, the token boasts a deflationary structure, enhancing scarcity and value over time as 7% of the total supply is burned. Cutoshi is unlike any other token because it also has an educational component, the Cutoshi Academy, which breaks down complex concepts in deficit finance and gives users applicable knowledge on blockchain technology. Together with NFT rewards that gamify early adoption, Cutoshi aims to not just serve as a speculative asset, but instead is striving to build an empowering ecosystem that fosters sustainable growth and transparency. With Cutoshi’s innovative use case, it is set to serve as an alternative for investors looking to move away from the legally contentious token XRP. For those looking to make great returns in 2025, Cutoshi seems like a great option. Conclusion Considering XRP still fights legal troubles, while ETF requests and a changing SEC posture cause enthusiasm, investors seem to be more confused. At the same time, Cutoshi has provided relief through its strong DeFi services, deflationary supply, and community driven governance model. Cutoshi Presale Live, Learn More Below Price: $0.045 per $CUTO Supply: 440,000,000 tokens (ERC-20) Website: https://cutoshi.com Telegram: https://t.me/cutoshicommunity X (Twitter): https://x.com/CutoshiToken Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. Cutoshi has a vision - to introduce more people to cryptocurrencies and bring financial freedom to all who want it. Contact Details Camila Perez support@cutoshi.com Company Website https://cutoshi.com/

February 19, 2025 09:00 AM Eastern Standard Time

Image
1 ... 910111213 ... 634