All Industries

Canter Power Systems Continues Its National Expansion with Acquisition of Grasten Power Technologies

Rotunda Capital Partners LLC

Canter Power Systems (“Canter”), a Generac Power Pro Premier dealer, and one of the largest independent installers and service providers of residential backup power generators in the U.S., is pleased to announce the acquisition of Grasten Power Technologies (“Grasten”), a premier installer and service provider of home standby generators throughout Houston and the broader Texas market. This marks Canter’s third add-on acquisition since partnering with Rotunda Capital Partners in September 2022. Based in Houston, Texas, Grasten is recognized for its comprehensive generator installation, inspection, maintenance, and repair services, establishing itself as the trusted partner for thousands of homeowners. Known for its exceptional customer service, quality, and responsiveness, Grasten has steadily expanded its geographic reach and maintains thousands of annual service and maintenance contracts. Partnering with Grasten enhances Canter’s ability to meet the growing demand for reliable backup power solutions across the Texas market, particularly in light of growing grid instability and frequency of severe weather events and related power outages. “We are excited to welcome Grasten to the Canter family,” said Brian Lopatka, CEO of Canter Power Systems. “This partnership marks an important step in expanding our reach into a critical geographic market. Grasten’s excellent reputation and highly knowledgeable employee base, combined with Canter’s national scale and resources, will allow us to deliver even greater value and reliability to our collective customers throughout Texas and surrounding markets.” Josh Keller, President and owner of Grasten, expressed excitement about the partnership, stating “Partnering with Canter allows us to continue providing exceptional service, while also benefiting from the resources and infrastructure of a larger organization. We look forward to working with the Canter team to grow our business into new markets, while upholding our commitment to providing top-tier customer service and support.” “The acquisition of Grasten represents another important milestone as Canter continues to grow its leadership position in the home standby power market,” added Ryan Aprill, Managing Director at Rotunda. “Rotunda looks forward to continuing its support of Canter’s acquisition strategy as the company looks to pursue additional M&A in both new and existing markets.” About Canter Power Systems Canter Power Systems is a Generac Power Premier Pro dealer and one of the largest independent installers of home standby generators in the U.S. Canter Power Systems’ solution capabilities include residential backup generator systems, battery storage technology and preventative maintenance and residential field services. Canter Power Systems has a long list of accomplishments, including being Home Depot’s largest national residential generator installer since 2007, being named Home Depot Service Provider of the Year in 2022, and receiving the Generac Industry Excellence Award in 2021 and 2022, all while maintaining Generac’s Power Premier Pro Status since 2016. For more information, visit www.canterpowersystems.com. About Rotunda Capital Partners Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com. Contact Details Rotunda Capital Partners Margaux Valle +1 240-962-1707 PR@rotundacapital.com Company Website https://www.rotundacapital.com

October 23, 2024 10:52 AM Eastern Daylight Time

PathAI Unveils New Features on AISight Image Management System: Introducing Guided Algorithm Review and Z-Stack Image Support

PathAI

PathAI, a global leader in AI-powered digital pathology, today announced the launch of two new features on its AISight® 1 Image Management System (IMS): Guided Algorithm Review and Z-Stack Image Support. These enhancements reflect PathAI’s ongoing commitment to empowering pathologists with innovative tools that enhance pathology interpretation, optimize laboratory operations, and lay the foundation for broader adoption of AI tools in the field of pathology. The Guided Algorithm Review feature is designed to help pathologists streamline and enhance case evaluations by highlighting potential Fields of Interest (FOIs) identified by algorithms. TumorDetect 2, PathAI’s AI product, will be the first to incorporate this functionality, highlighting key areas of interest. By automatically pinpointing these critical areas, the feature allows pathologists to focus their initial review on the regions that require the most attention. Key Features of the Guided Algorithm Review: Gallery of FOIs: A visual gallery of algorithm-detected fields of interest provides an intuitive way for pathologists to navigate to key tissue areas requiring further analysis. Click-Through Review: Enables systematic, step-by-step navigation through regions highlighted by the AI’s predictions, such as areas with high tumor concentration or biomarker quantification, potentially streamlining the review process and enhancing thoroughness. Enhanced Interpretability: Overlays and side-by-side comparisons improve the clarity of AI predictions, allowing pathologists to better interpret and verify the results. Third-Party AI Integration: Allows for seamless integration with third-party AI algorithms, enabling pathologists to work with various AI solutions in a unified platform, enhancing flexibility and adaptability across different AI tools and workflows. In addition to the Guided Algorithm Review, PathAI’s Z-Stack Image Support introduces a multi-layer imaging capability that enables pathologists to examine all layers of a multi-layered Whole Slide Image (WSI), producing a 3D-like representation of slides. This feature is particularly beneficial in cytology, where three-dimensional cell clusters often require a more nuanced, layered analysis. Key Benefits of the Z-Stack Image Support: Multi-Layer Viewing: Pathologists can view all layers of a multi-layered Whole Slide Image (WSI), providing an experience similar to a microscope fine focus, particularly useful for cytology cases. Efficient Navigation: Features such as Focus Control and keyboard shortcuts allow for smooth transitions between image layers. Customizable Workflow: Pathologists can personalize their review process with adjustable zoom, pan, and annotation features, and track their progress through visual indicators. PathAI has also upgraded its ArtifactDetect 3 algorithm, broadening its support for additional file types, such as.mrxs format files and stains, including Masson’s Trichrome and other special stains. These improvements allow laboratories to apply quality control measures across a wider range of specimens and staining protocols, further optimizing laboratory efficiency. Additional AISight Enhancements: Refreshed User Interface: Includes categorized tables for clearer quantitative results, such as tissue areas and cell counts, facilitating easier interpretation. Custom Slide Panning: Enhanced control features like Snap to Zoom and adjustable animation durations for more precise slide navigation. Automatic Specimen Orientation: Automatically rotates skin specimens based on metadata, ensuring consistency and accuracy in evaluations. “We are thrilled to introduce these new capabilities to the AISight IMS platform,” said Eric Walk, M.D., FCAP, chief medical officer at PathAI. “The Guided Algorithm Review and Z-Stack Image Support are significant advancements that help pathologists conduct high-quality assessments with efficiency and precision. These tools help enhance and streamline case management supporting the needs of modern pathology labs.” Footnotes AISight is for research use only in the US and is not for use in diagnostic procedures. TumorDetect is a workflow optimization algorithm available on AISight for research use only. ArtifactDetect is a quality control algorithm available on AISight for research use only. About PathAI PathAI is a global leader in AI-powered digital pathology solutions, dedicated to advancing diagnostic accuracy and operational efficiency in pathology laboratories worldwide. Through the integration of cutting-edge technology and strategic partnerships, PathAI empowers pathologists to be leaders in precision pathology and shape the future of medical diagnostics. Contact Details SVM Public Relations and Marketing Communications Maggie Naples +1 401-490-9700 pathai@svmpr.com Company Website https://www.pathai.com/

October 23, 2024 10:00 AM Eastern Daylight Time

Nonprofit Photo Contest: Nonprofits Can Win $5000 in Cash Donations

Nonprofits Insurance Alliance

A photo contest specifically for nonprofit organizations offers nonprofits a chance to win a total of $5000 in cash donations for the 25 winning photos. The grand prize is a $1000 donation. The first, the largest, and the most popular photo contest exclusively for 501(c)(3) nonprofits (as far as we know) is back! Sponsored by Nonprofits Insurance Alliance (NIA), the 2024 NIA Nonprofit Photo Contest is calling for nonprofits to share their best photo for this year’s theme: Community in Focus. 25 total winners will be selected: $1000 Best of Show (1 winner) $500 Standing Ovation (4 winners) $100 Spotlight (20 winners) The contest is open to both NIA member nonprofits and any U.S. 501(c)(3) nonprofit that subscribes to Blue Avocado, a free online magazine for nonprofits. Entries will be accepted online through Nov. 10, 2024. Winning entries will be determined by a combination of popular voting and a review by an internal panel of NIA judges. Participating organizations are permitted to conduct independent outreach to encourage voting support among their constituents. The public voting period will run online at NIA from Nov. 11 to 22, 2024. Winners will be announced on Dec. 10, 2024. One entry per eligible nonprofit. Photos that are blatantly promotional and depict a brand or products of commercial value will be disqualified, as will AI-generated images or photos that have been altered or combined with other images or text. Photos must be appropriate for all audiences. When applicable, a signed photo release form is required. Visit insurancefornonprofits.org/photo-contest for a complete list of contest rules and conditions. About Nonprofits Insurance Alliance Nonprofits Insurance Alliance (NIA) is the nation’s leading property and casualty insurer exclusively serving nonprofit organizations. Founded in 1989 in Santa Cruz, CA, NIA is a social enterprise developing the long-term sustainability of the nonprofit sector. NIA has one of the best customer retention rates in the industry. NIA members enjoy fair and equitable insurance prices, specialized coverage, and innovative risk management and member services. The NIA brand is comprised of Alliance Member Services (AMS) and three AM Best A (Excellent) rated insurers: Nonprofits Insurance Alliance of California (NIAC) Alliance of Nonprofits for Insurance, RRG (ANI) National Alliance of Nonprofits for Insurance (NANI) All organizations under the NIA brand are 501(c)(3) nonprofits. Learn more about Nonprofits Insurance Alliance at insurancefornonprofits.org. Contact Details NIA Marketing & Communications editor@insurancefornonprofits.org Company Website https://insurancefornonprofits.org

October 22, 2024 10:28 AM Pacific Daylight Time

Comcast Provides $45,000 to Create Journalism Scholarship at Cabrillo College in Santa Cruz

Comcast California

Comcast announced today it will contribute $45,000 to Cabrillo College in Santa Cruz to establish the Comcast Journalism Scholarship. The Comcast Journalism Scholarship is being established to support Cabrillo College Journalism students, who participate in local internships, with the goal of enhancing their educational opportunities, future job prospects and overall career development. Students who intern for a news organization or for an organization or business where their role involves marketing, public relations or creating content are eligible. Scholarship awards range from $600 to $2,400. “These scholarships are an invaluable part of our students' development, allowing them to apply what they learn in the classroom to practical situations, develop their professional skills, and gain critical insights into the world of journalism,” said Matt Wetstein, Cabrillo College President. “Comcast will not only open doors for them but also contribute to shaping the future of responsible and effective journalism in Santa Cruz County and beyond.” To qualify for this scholarship, students must meet the following criteria: Must be a Cabrillo Journalism student, enrolled in any of Cabrillo's Journalism courses Students should be enrolled or have completed the advanced writing class, Journalism 23, or be on the staff of the Voice student newspaper Must participate in a local media, non-profit or marketing internship Must complete application and include portfolio of published works The application deadline for the Winter semester is Monday, December 9, 2024 at 5:00pm. Recipients will be notified of their awards by December 16, 2024. The application form can be found here. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Comcast Joan Hammel +1 925-519-4874 joan_hammel@comcast.com Company Website https://california.comcast.com/

October 22, 2024 09:00 AM Pacific Daylight Time

Adro Teams Up with Shorelight to Improve Access to Banking Services for International Students in the US

Adro

Adro, a technology company offering no-fee checking and savings accounts, along with the Adro World Mastercard, is excited to announce its newest collaboration with Shorelight, the world’s largest platform supporting international student success in the United States. The two companies are teaming up to provide international students and workers moving to the US with seamless access to essential financial services prior to their arrival. Shorelight, renowned for its comprehensive support services—including academic and admissions support, visa assistance, and career development—boasts a market presence in over 200 countries, a network of 9,000+ distribution points across agencies, schools, and counselors, and has the largest portfolio of US university collaborations in the world. This collaboration marks a significant milestone for Adro, which recently announced it had already welcomed customers from 110+ countries after launching earlier this year. "We are thrilled to collaborate with Shorelight. They are a world leader in providing admissions support and services to ensure the success of international students arriving in the US. Adro's ability to support international students in opening their first US account before arrival, through a fast and efficient sign-up experience, naturally complements Shorelight's existing services," said Amarildo Gjondrekaj, Founder and CEO of Adro. Gautam Bazaz, Head of Corporate Development at Shorelight, added, "Shorelight believes that every student deserves a chance at success in their academic journey. And, they are more likely to achieve their aspirations when they have confidence about what their US experience will be, before they move to the US. By working with Adro, our students can access reliable, affordable, and secure banking services, including access to funds in the US at a critical point in their lives." Adro's checking, savings and credit card for internationals offer a range of benefits, including: No SSN, ITIN, or credit check required for sign-up $0 fees on all incoming wire transfers $0 foreign exchange fees No monthly fees and no minimum balance requirements This collaboration underscores the commitment of both Adro and Shorelight to empower international students with the tools and support they need to succeed academically and financially in the United States. -- About Adro Adro is a technology company helping internationals unblock access to financial services so they can live like a local. Based in New York, Adro has raised a $1.5M pre-seed and is backed by investors who deeply believe in equal access and opportunity for newcomers arriving in the US. Adro was selected to join the 2024 Hudson Valley Venture Hub Accelerator at SUNY New Paltz. Adro is a graduate of Westchester County’s Element 46 Tech Accelerator and a member of CELA Innovation. To learn more, visit www.joinadro.com. About Shorelight Shorelight is a leading international student platform focused on international student support in the United States. The company connects international students, universities, and service providers to drive student enrollment and performance at scale. They do this so that a more globally diverse population can educate themselves and prosper for generations to come. Together, we help Educate the World. For more information, visit www.shorelight.com. Contact Details Adro Katherine Wong Too Yen marketing@joinadro.com

October 22, 2024 09:06 AM Eastern Daylight Time

Image

Lisk Partners with Kotani Pay to Streamline Off-Ramps For Builders in Africa

Lisk

Lisk, a leading Layer 2 blockchain dedicated to bringing Ethereum to emerging markets, is excited to announce its integration with Kotani Pay, a premier payment platform dedicated to connecting African users and businesses with stablecoins for local currencies. This partnership will enable projects and individuals holding assets on the Lisk protocol, primarily stablecoins like USDT and USDC, to exchange these assets directly for fiat, which can then be deposited into mobile money wallets. As part of this integration, Kotani Pay has recently enhanced its capabilities by integrating with M-Pesa and various mobile money platforms across multiple African countries. This advancement empowers users and developers to off-ramp USDT or USDC on the Lisk protocol directly to mobile wallets via Kotani Pay, unlocking new opportunities for accessing fiat services. “Emerging markets are at the heart of Lisk's mission,” said Dominic Schwenter, COO of Lisk. “We are deeply committed to empowering developers in Africa with the resources they need to create innovative web3 products. Yet, our efforts will fall short without robust on/off ramps—historically the Achilles' heel of crypto. Kotani Pay is addressing this challenge in Africa, and their partnership will further enhance our innovation in the region.” This collaboration positions Lisk as the go-to RWA chain for African projects. With Kotani Pay's extensive reach across over 8 African countries, the integration provides access for projects to scale into different markets, supporting established and emerging initiatives. The significance of this partnership is underscored by a recent Chainalysis report indicating that stablecoins account for approximately 43% of the total transaction volume in the Sub-Saharan African region. Felix Macharia, CEO of Kotani Pay, stated, “Our goal extends beyond providing access to Web3 assets in Africa. We are committed to empowering entrepreneurs and developers building Web3 products that drive economic growth across the continent. By integrating with the Lisk ecosystem, we offer dApps, DeFi platforms, and exchanges a seamless on-ramp and off-ramp solution, allowing them to unlock real value and expand their reach to underserved markets. This partnership aligns perfectly with Lisk's vision, and we are excited to support the growth of innovative solutions in the space.” Integrating Kotani Pay's API and widget will facilitate seamless transactions, bridge real-world use cases, and enable faster, more efficient fiat on- and off-ramping. This enhancement aims to drive crypto adoption in Africa while increasing the utility of Lisk's infrastructure technology, solving a critical challenge for developers building on the Lisk protocol. In March, Lisk partnered with CV Labs to launch a VC-curated blockchain incubator program to support African entrepreneurs developing blockchain solutions tailored to the African market. For more information about Lisk and the partnership with Kotani Pay, visit us on X. 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. About Kotani Pay Kotani Pay is an on-ramp and off-ramp payment platform connecting Web3 fintechs across Africa with local payment structures, including mobile money and banks. Dedicated to bridging the Web3 and fiat worlds, Kotani Pay's robust white-labeled API provides cash-in/cash-out services in Kenya, Ghana, South Africa, Cameroon, Tanzania, Uganda and Zambia. Contact Details Serotonin Wahaj Khan wahaj@serotonin.co Company Website https://lisk.com/

October 22, 2024 09:00 AM Eastern Daylight Time

News Release

Infinity Fuel Cell and Hydrogen, Inc. (Infinity) Announces Closing of Regulation CF Round and Major Company Milestones

Infinity Fuel

Infinity Fuel Cell and Hydrogen, Inc. is announcing the close of its Regulation Crowdfunding (CF) round on October 25 at midnight PDT. Investors will now have days left to join Infinity as they envision a future powered by hydrogen regenerative fuel cells. The company has accomplished much in very little time, with $50M+ in contracts with the US Navy, NASA, and other major military and commercial space partners. Latest Milestones for Infinity Fuel and Hydrogen, Inc. According to Infinity’s CEO, William F. Smith, the company’s work represents “an essential electrical power option for both NASA and commercial spaceflight customers as we enter a new era of long-duration flights and lunar surface missions.” Some key achievements include: Enhancing fuel cell systems for the Navy’s Uncrewed Underwater Vehicles (UUVs) by upgrading hardware. Shipping a second PEM Hydrogen Fuel Cell stack to a commercial customer. Completing a 500-hour lunar fuel cell life test and initiating a 5,000 hour test with NASA, validating the technology. Infinity’s goal is to power space, land, sea, and air vehicles in the coming years to address markets valued at over $19.4B. Familiar Faces Backing Hydrogen Leaders from across industries are affirming the potential of fuel cells. William Clay Ford, Jr., Executive Chair of Ford Motor Company (and great-grandson of Henry Ford), even stated, "Fuel cells could end the reign of the combustion engine." William Shatner, actor and climate activist and Infinity’s newest Brand Ambassador and Advisory Committee member, noted “Fuel cells and Electrolyzers such as those produced by Infinity Fuel Cell & Hydrogen, offer a promising path towards meeting a variety of crucial energy needs…the positive trends in today’s renewable energy market represent a silent revolution that can power our journey to the stars, while preserving the very planet that has allowed mankind to evolve towards dreaming its current dreams.”* The Infinity Fuel Investment Deadline Is 10/25 With Infinity Fuel's funding round closing on October 25th, don’t miss this opportunity to become a shareholder as they revolutionize the energy industry with an “infinite” fuel cell that turns hydrogen into water and back again. Learn more and invest in Infinity Fuel Cell and Hydrogen here. Founded in 2002, Infinity Fuel Cell and Hydrogen, Inc. is a market leader in the design and manufacture of air-independent, zero-gravity electrochemical systems including fuel cell electrolyzer systems for space and underwater applications. Infinity is also developing advanced electrolysis technologies that can generate hydrogen and oxygen directly at 2000 psi and above. This is a paid advertisement for Infinity Fuel Cell and Hydrogen, Inc. Reg CF offering. Please read the offering circular at https://invest.infinityfuel.com/.*Section 17(b) disclosure. Mr. Shatner is compensated as an Infinity advisor at $10K/month. He also has received options to purchase up to 100K shares vesting over 9 months at an $8.00/share strike price. Contact Details Infinity Fuel Investor Relations +1 860-688-6500 ir@infinityfuel.com Company Website https://invest.infinityfuel.com/

October 22, 2024 09:00 AM Eastern Daylight Time

GoalVest Advisory Launches Late-Stage Venture Capital Fund Designed for RIAs

GoalVest

GoalVest Advisory, a female-founded registered investment advisor, today announced the launch of its Venture Growth Fund, allowing high-net-worth investors access to what it believes are some of the most sought after venture deals. Designing funds for registered investment advisors (RIAs) and their clients, GoalVest is leading the way in providing RIAs much-needed access to the Venture Growth asset class, which has exhibited tremendous growth as companies are typically staying private longer. The fund’s strategy will continue to follow GoalVest’s existing formula of using multi-channel deal sourcing to create a portfolio thoughtfully diversified across multiple thematic market trends in areas such as AI, SaaS, Climate Tech, Defense, Fintech, and Consumer. GoalVest has invested in numerous mid-to-late stage venture-backed companies in prior funds including: OLIPOP, CoreWeave, Anduril, Insomnia Cookies, Klarna, Apollo.io, Redwood Materials, Armada Systems, Shield AI, Aplazo, Cents, Cargomatic, and Animoca Brands. “Almost 90% of US companies are private, so giving clients the ability to invest in venture capital has been an effective way to capture growth and, we believe, has differentiated us from our RIA peers,” said Sevasti Balafas, Founder & CEO of GoalVest Advisory. “We are excited to build on our success and offer this fund to RIAs looking for access to high-growth investments at reasonable fees and minimums.” GoalVest is expecting to raise at least $50 million for the closed-end fund with only a limited number of slots available. Unlike early-stage venture, which offers more risk and a longer time horizon, the Venture Growth stage has a much shorter, two- to four- year investment horizon, and seeks a return of several multiples of invested capital. "The timing is ideal for these types of investments given the depressed valuations we are seeing in the private markets right now,” said Blair Cohen, Chief Investment Officer of the Venture Growth Fund. “We are thrilled with the access we routinely have to high quality deals and our performance to date.” GoalVest designed this fund with the RIA client in mind, offering: Accessible minimums: with a minimum investment threshold of $250,000 the fund is accessible to a broader range of clients Shorter lock-up period: unlike early-stage VC funds, GoalVest provides clients with a shorter time to liquidity De-risked portfolio: the fund targets a thoughtfully diversified basket of mid-to-late stage venture-backed companies that offer much less risk than early-stage venture capital while maintaining the potential for outsized returns relative to public equities For more information about GoalVest Advisory and the Venture Growth Fund, please visit https://goalvestadvisory.com/venturecapital or contact Blair Cohen at Blair@goalvestadvisory.com About GoalVest Advisory GoalVest Advisory is a boutique wealth advisory firm dedicated to providing personalized portfolio management services tailored to high-net-worth clients. As a fee-only, SEC-registered investment advisor, we build innovative and institutional-caliber portfolios for clients, corporations, and financial advisors. Recently ranked by USA Today as one of the “Best Financial Advisory Firms” in the country, GoalVest Advisory empowers clients to achieve their financial goals through personalized attention, unbiased advice, and seasoned guidance. For more information about GoalVest Advisory, please visit https://goalvestadvisory.com This press release does not constitute an offer to sell or the solicitation of an offer to purchase any security or investment product. Any such offer or solicitation may only be made by means of delivery of a confidential offering memorandum. The Memorandum must be read carefully in its entirety. All performance results are estimates and should not be regarded as final until audited financial statements are issued. The opinions expressed herein are those of the firm and are subject to change without notice. Any public comments posted on this site are not selected, amended, deleted or sorted in any way. This press release references a third-party rating provided by USA Today. GoalVest Advisory was ranked as one of the “Best Financial Advisory Firms 2024” on April 23, 2024. Compensation was not provided directly or indirectly by the adviser in connection with obtaining or using the third-party rating. Past performance is not indicative of future results. Investors must consider their specific risk tolerance before investing in any securities. For more information, please refer to GoalVest Advisory’s ADV 2A. Contact Details For GoalVest Advisory Lisa Aldape +1 917-676-1716 laldape@vocatusllc.com Company Website https://www.goalvestadvisory.com/

October 22, 2024 09:00 AM Eastern Daylight Time

Messari Reports TRON’s Protocol Revenue Reached an All-Time High in Q3 2024

TRON DAO

Geneva, Switzerland, October 22, 2024 - Messari, a leading provider of digital asset market intelligence products, released a research report highlighting TRON ’s Q3 performance. The report details seven consecutive quarters of increasing on-chain activity, driving its protocol revenue to an all-time high, fueled by increased transaction volumes and a rapidly growing user base. State of TRON Q3 2024 The TRON network experienced impressive protocol revenue growth in Q3 2024, reaching an all-time high of $151.2 million, reflecting a 29% increase quarter-over-quarter (QoQ). During this period, TRON also achieved notable growth across several key metrics, including a 24% increase in market cap, a 4% rise in DeFi TVL, a 3% growth in stablecoin market cap, and a 150% increase in average daily DEX volume. Other Highlights: TRON passed a series of proposals aimed at lowering gas fees, further enhancing its appeal for cost-efficient transactions. USDT on TRON reached $58.94 billion by the end of Q3, a 3% increase from $57.06 billion QoQ, with over half of all USDT in circulation now on the TRON network. Ecosystem Growth On July 25, TRON launched HackaTRON Season 7 to attract both experienced developers and newcomers to the TRON platform. On September 10, 2024, TRON, in collaboration with Tether and TRM Labs, announced the launch of the T3 Financial Crime Unit (T3 FCU) to address cryptocurrency-related crimes. TRON is developing a Bitcoin Layer-2 solution, aiming for a secure way for the Bitcoin ecosystem to access TRON’s pool of stablecoin capital. Read the full research report from Messari here. 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 Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8.7 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Yeweon Park press@tron.network Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

October 22, 2024 09:00 AM Eastern Daylight Time

Image

1 ... 25 26 27 28 29 ... 3771

Back