In the ever-evolving landscape of global finance, the International Monetary Fund (IMF), the World Bank, and the Bank for International Settlements (BIS) have embarked on an unprecedented journey. Together, they are diving into the realm of tokenization, a move that could reshape the foundations of global financial systems. This collaboration, including Switzerland’s central bank, signals […]
Category: STO News
News Nuggets | 5 December: Equals Updates on Acquisition; FCA Presents New Plans
Equals Group’s Strategic Acquisition and Share Issuance Equals Group plc, a fintech payments company, has completed its acquisition of Roqqett Limited, as previously announced in January 2023. Following this acquisition, Equals Group has made significant movements in its equity. They have satisfied the deferred payment conditions of the acquisition by allotting and issuing ordinary shares. […]
Crypto Trading Skyrockets on Robinhood: November Volume Jumps 75%
Crypto trading on Robinhood is gaining steam again as the American brokerage revealed a volume surge of 75 percent month-over-month in November. The figure followed a series of consecutive quarters (Q2 and Q3) during which Robinhood experienced a plunge in crypto trading. Crypto Trading Picks Up on Robinhood According to the latest Form 8-K filing, […]
EVs Can Help More than the Earth – They Can Save Lives
Despite a recent slowdown in sales, it is undeniable at this point that electric vehicles are the future of transportation. Whether fueled through battery packs or hydrogen, EVs are on a clear path to replace the internal combustion engine (ICE) in time. The reasons for efforts supporting this are varied and are typically built around […]
Top crypto picks to buy at rising market before it’s too late
A new and promising crypto, ScapesMania, has witnessed impressive presale success. Ethereum is poised for growth with potential regulatory advancements like an ETF while Solana is the 5th most-traded cryptocurrency, stable and growing. Polygon is resilient and attracts investments, Dogecoin balances community projects amid market fluctuations, and Shiba Inu faces uncertainty due to whale transactions and […]
El Salvador’s President Says No Intention to Sell as BTC Holdings Turns Profitable
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Nayib Bukele, president of El Salvador, announced Monday that the nation’s large-scale investment in Bitcoin (BTC) was now profitable by over $3 million. The move comes amid the latest BTC price surge to an […]
Jellyverse secures $2 million seed round to build DeFi 3.0
DeFiChain-based Jellyverse raises $2 million from private investors to build its ecosystem. The funding was secured in a seed funding round by Jelly Labs AG and Fintonomy LTD. Jellyverse will feature protocols such as a DEX, staking protocol and stablecoin. Jellyverse, a decentralised finance (DeFi) ecosystem built on the EVM-compatible layer-2 DeFiMetaChain (DMC), has secured […]
SAIC Beats Expectations in Q3 with Stellar Earnings, Stock Up Premarket
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Key Highlights Revenue Surpassing Expectations: SAIC (NYSE: SAIC) reported a third-quarter fiscal year 2024 revenue of $1.909 billion, exceeding the expected revenue of $1.79 billion. Earnings Per Share (EPS) Exceed Expectations: The company’s EPS […]
Gold Prices Hit New High After Fed’s Comments on Inflation
Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. Gold briefly soared to a new all-time high on Monday, surging to nearly $2,150 per ounce before seeing a pullback below $2,070. Various factors drove the surge, most notably the recent Federal Reserve Chair’s […]
LandX Closes Private Round Securing $5M+ In Private Funding
Dubai, UAE, December 4th, 2023, Chainwire After two years in development LandX, the agricultural finance protocol, successfully closed its private investment round surpassing expectations. The round raised over $915,000 USD from private investors which brings the total raised to over $5 million USD. The milestone marks a significant vote of confidence in the potential for […]
