Author: TheBlockchainExaminer.com

swarm-launches-world-first-tradable-stocks-and-bonds-on-chain

Swarm launches world-first tradable stocks and bonds on chain

February 21, 2023 Published by

 

Swarm, the regulated blockchain platform, today announces the launch of a world-first public investment offering for AAPL. TSLA, and two US Treasury Bond ETFs on-chain.

The fully asset-backed tokens are available on the Polygon blockchain for both retail and institutional investors, with no minimum investment. Trading is available from Thursday 24/7 and compliant under German regulation on Swarm’s permissioned DeFi platform.

It is the first service of its kind for investors looking to access real world assets using digital blockchain technology, while meeting full regulatory requirements to provide complete confidence to users.

Hedge funds and institutional investors can now access stable and secure global markets 24/7 through Swarm. For those already on-chain, including stablecoin issuers and treasury managers, it means they have less volatile assets to deploy into without needing to leave the DeFi ecosystem.

The token offering initially includes AAPL and TSLA stock, iShares US treasury bond 0-1 year ETF and iShares US treasury bond 1-3 year ETF. Swarm will add more stocks and real world assets in the future.

Timo Lehes, co-founder of Swarm, comments: “Swarm is the first entity to offer and trade tokenized T-bills and stocks via a regulated and decentralized platform. We operate within the German regulatory environment, meaning we can issue and trade real world assets on blockchain, unlike any other entity.

“We have started with stocks and bonds, and will soon extend this to any asset that needs to be traded on a regulated platform, from carbon credits to real estate or private holdings. To date, traditional market participants have not had a comprehensive and regulatory compliant solution for issuing and trading real world assets on-chain.

“The FTX and Celsius crises last year only highlighted key structural and regulatory weaknesses in the market, demonstrating that crypto collateral is too highly correlated and easy to manipulate. Regulation, in the right parts of the ecosystem, is critical while decentralization enhances the transparency required to build trust.”

Swarm does not take custody of the asset-backed tokens, which are controlled by battle-tested code. They can be added to liquidity pools to earn yield, or kept in investors’ own Web3 wallets.

The ISIN-based tokens benefit from the trust and stability of traditional markets plus the flexibility and greater access to global liquidity, at lower cost, on the blockchain. Stock and bond certificate tokens are integrated with traditional financial markets and can be redeemed for the value of underlying real world asset.

Lehes adds: “Today’s announcement is significant for both DeFi and TradFi. There is clear demand for high quality assets to become available on-chain. Institutional participants will now be able to deploy assets from traditional markets via blockchain through Swarm.

“Swarm is a hybrid platform, combining the depth of liquidity and value of traditional financial markets with the advantages of blockchain technology. We are the only trusted platform that institutions with a fiduciary responsibility can use to issue, trade and manage quality collateral on-chain with confidence and in a decentralized way.”

The tokens are issued by SwarmX GmbH, a wholly owned subsidiary of Swarm Markets GmbH, under a prospectus registered with the Financial Market Authority in Liechtenstein and passported into Germany. Secondary trading activities are regulated by Germany’s Federal Financial Supervisory Authority (BaFin), and can be accessed on Swarm’s permissioned DeFi platform.

Notes to editors

  • SwarmX GmbH, the issue of the stocks and bonds tokens, is a wholly-owned subsidiary of Swam Markets GmbH. All published prospectus and notifications for the certificate tokens can be found under the ESMA prospectus registry (search for keyword “SwarmX”).
  • Trading activities on Swarm infrastructure fall under the purview of BaFin in Germany. Read more about our regulatory status here.
  • Available assets:

Token

Final Terms

Security Type

ISIN

xToken

AAPL

PDF

Equity

CH1231365359

(WKN 865985, US0378331005)

Polygon: Native Asset

TSLA

PDF

Equity

CH1247816114

(US88160R1014)

Polygon: Native Asset

TBONDS01

PDF

Bond ETF

CH1237059089

(WKN A2PBNP, IE00BGSF1X88)

Polygon: Native Asset

TBONDS13

PDF

Bond ETF

CH1237059071

(WKN A2DN9Z; IE00BYXPSP02)

Polygon: Native Asset
wemix-play’s-first-fan-token-myrtle-exceeds-100m-usd-in-market-cap

WEMIX PLAY’s First Fan Token MYRTLE exceeds 100m USD in market cap

February 13, 2023 Published by

 

MYRTLE, the first Fan Token on WEMIX PLAY, exceeded 100m USD in market cap just one day after its minting.

Minted by the famous Philippines actress/blockchain game streamer Myrtle Sarrosa on the global no 1 blockchain gaming platform WEMIX PLAY, its initial price was 1WEMIX$ and market cap was 1000WEMIX$ on 27th Jan.

As of 1st Feb, it was traded at 13.6WEMIX$ and the market cap grew to 109m WEMIX$.

Fan Token is a new way for fans to support creators using blockchain technology. A performance-based tokenomics connects creators’ popularity with the rise of their tokens’ value, and both creators and fans can benefit from the result.

Users can buy and hold Fan Token to support their favourite creators. And creators get to manage their own Fan Tokens, minted by a high-water mark method. They can monetize it, share it with fans via airdrop, or use it for many activities including fan meetings and direct support to the communities.

High-water mark method, unlike usual tokenomics which automatically mint new tokens regularly, mints new tokens only when its 24-hour average price exceeds previous average price.

WEMIX will continue to collaborate with other creators to expand the Fan Token-based digital economy fan community ecosystem.

More information can be found on WEMIX PLAY official website. https://wemixplay.com/fan-token

utopia-avatars-launches-its-genesis-collection-innovating-and-disrupting-notions-of-access-and-utility-using-web-3-technology

Utopia Avatars launches its genesis collection innovating and disrupting notions of access and utility using web-3 Technology

February 10, 2023 Published by

 

The Group founded by Alejandro Saez, Maria Bravo and Javier Garcia together with their advisory board Randi Zuckerberg, Pepe Bastón, Deepak Chopra, Eva Longoria, Faze Banks, Desiree Ansari & Maha Abouelenein, have announced the launch of its first collection of NFTs, or Utility Based Tokens (UBT) as they called it; Utopia Avatars. The collection offers through this vertical a very complete proposal based on tangible utilities, metaverse, community treasury linked to IRL (In Real Life) businesses, artists providing utilities that bridge the gap between the physical and digital worlds and a clear vision of giving back as a way of growing.

Utopia Avatars will have 9,922 NFTs minted on the Ethereum blockchain and designed by hand from an incredible 3D design team transmitting the values of diversity and inclusion through the Utopians, their citizens. In addition, it will provide added value to the holders who, through acquiring these avatars, will have access to multiple utilities beyond the art. It is worth highlighting the tangibility of many of them in real life and the day-to-day of those who possess them and therefore enjoy them. Utopia Avatars’ value proposition focuses on offering its holders an experience or utilities based on physical and digital spaces on a product that builds with the community and for the long term.

Collaboration with leading artists in Europe and the U.S.

One of the great novelties of this collection is the exclusive stamp provided by two of the artists of the moment on a select number of avatars. The best-selling contemporary French artist of the world, Richard Orlinski, and Ganga Tattoo, one of the most famous tattoo artists nowadays, considered a genius for the realism of his sophisticated tattoos and known for tattooing celebrities such as Lebron James, Chris Brown, Nicky Jam or Drake.

The founders of this project came together to build innovative initiatives and acquire philanthropic commitments, trusting in the power of Web3 and the blockchain to innovate and give rise to the creation of communities that make up an ethical and sustainable ecosystem. The development of this community will be based on the values of transparency, innovation, and philanthropy.

Utopia Avatars is sharing the mission and vision of Global Gift Foundation being on their side every step of the way, with the aim of becoming a game changer, turning hope into a reality and channeling its energy to achieve a sustained social impact, where the success of their business is measured not only by its results, but also by the ability to do good and as the Utopians say: Make It Possible.

María Bravo “The possibilities are endless; we hope to create one of the most powerful communities in the world where traceability and trust reign, connecting philanthropists, brands, and companies that use the power of the blockchain to create awareness in order to build a world more ethical and responsible with our partners in real life businesses, a community with a great passion for spreading kindness and compassion where it is needed most.”

Utopia Avatars will consist of a collection of 3D art tokens available to the metaverse with the vision of establishing bridges between the digital “world” and “the” physical world, which will allow offering a more complete and tangible level of utilities; in addition to lifetime features that will be revealed as the project is launched.

As Nino Saez, Co-founder of Utopia Avatars, explains ” We truly believe in doing good and empowering a space that is here to make our lives better. Web-3 is a natural evolution, and we are founding Utopia Avatars to learn, share and build together as a community. This is just the beginning, the only limit is our imagination; and all of the team forces already united together with a community about to launch and a great ecosystem with several tech awards already; can surely make our vision and mission possible.”

Having in mind that Utopia avatars project has led a financing round of more than 10 million dollars just focused on building long-term utility for its holders, this is definitely a strong and key message than being backed by a VC is a sign of long – term commitment and vision.

Another of the peculiarities of the Utopia Avatars collection is the interoperability that each of them will have the opportunity to be part of other metaverses in which the Group is involved such as the well-being area designed by Deepak Chopra, a Gaming Area, Education, Live Events, Shopping and more innovative surprises.

The first Utopia Avatars collection includes pioneer technology to enhance utilities that connect the virtual world with the digital one.

An exclusive community

The community will have direct access to community treasury and merchandising featuring special artist collaborations, as well as an annual invite to a Utopia Avatars Event IRL.

Unlimited access to metaverse “Moments and Memories”

Each holder of Utopia Avatars will obtain all the rights to have unlimited access to the metaverse, visit its different areas, make a purchase at the Utopia Store, enjoy a concert in the Live Show area, a talk in the Education area, watch a movie at their own Digital Space or play with other users in the Gaming area.

Each holder will receive their Digital Space for free through an Airdrop, which will function as the personalized repository for all the content and assets they acquire in the metaverse.

Thanks to our own technology “Moments & Memories” each and every one of the contents and experiences that come together in the metaverse will have preferential access live (Moments) and will also be stored and available to be enjoyed on demand in an unlimited way as (Memories), exclusively for holders. This technology will also allow each physical asset that the holder acquires to generate a virtual Real Digital Token (RDT) that will be available to be used in the metaverse.

Real utilities from Ganga Tattoo and Richard Orlinski

Once the reveal is done, holders who have an Orlinski variant or trait in their avatar  (2000 in total) from which 1901 will receive a Digigraphie created and signed by the artist shipped home, they will acquire the IP rights and they will have two invitations to IRL events in their galleries. A special selection of 101 holders will also receive a 19cm Red Gorilla sculpture at their houses.

In the same way, those holders who obtain one Utopia Avatar designed by Ganga Tattoo (1.020 in total)  will be able to get a free special Utopia tattoo (this utility affects the 9922 total supply), 150 of them will receive an exclusive Nomad sculpture in their homes, 20 of them will be able to access a completely free tattoo per year and only one of them will be able to access the complete No Pain Tattoo experience.

The Web-3 “NFT” community Utopiaavatars thus receives a boost that will allow them to focus their efforts on its launch this February and strongly burst into the market with a real, high-quality proposal, thinking of the user that moreover will count with an innovative and unique way to build a Web-3 project with a clear long term vision to boost its possibilities and show full confidence in the development of the technology and the communities.

Mai Touma, [email protected], 00971557684150

SOURCE Utopia Avatars

vaultavo-introduces-biometric-smart-card-based-crypto-custody-solution

Vaultavo Introduces Biometric Smart Card Based Crypto Custody Solution

February 9, 2023 Published by

 

Vaultavo Inc. (www.vaultavo.com) has developed a patent-pending crypto custody solution to address the security requirements of the institutional market and its clients.

The Vaultavo Custody Solution combines the world’s first biometric digital asset custody smart card with state-of-the-art proprietary vaults and secure SaaS digital platform and access portals, to create a solution that reinvents custody as we know it today.

The integrated hardware and software solution protects digital assets by creating and managing the Blockchain private key on the bank grade secure Vaultavo Card – a decentralized approach to security which mirrors cryptocurrencies, Web3 and DeFi and differs from competitive solutions that have attempted to provide security in a centralized manner.

The secure element in the Vaultavo Card, the foundation of the solution, boasts EAL7 security certification, making it safer than most, if not all, other custody solutions. The Vaultavo Card is the same size and thickness as a bank card, has a built-in biometric reader, an E Ink display, rechargeable battery and Bluetooth, NFC and USBC connectivity capabilities.

The patent-pending technology was developed to address one of the critical roadblocks to crypto’s expansion – the vulnerability of online trading, transacting and protection of digital assets. The size and scope of the problem is monumental; according to blockchain data provider Chainalysis, illicit transaction volume rose for the second consecutive year in 2022, hitting an all-time high of $20.1 billion.

“Unlike other providers who have to trade off accessibility for security, the Vaultavo Custody Solution is designed to address all the challenges of crypto custody,” said Philip Meyer, CEO, Vaultavo. “Ours is the only solution that guarantees the highest grade of security while allowing for the easiest level of accessibility and use. It has the potential to make using digital currencies as commonplace as debit cards for institutions and their clients, thereby increasing participation in the new digital economy. This solution will go a long way to ensure that the long tail of crypto again starts trusting the industry.”

Vaultavo’s protected IP technology is fully configurable, enabling multiple custody and self-custody configurations and multiple use cases:

  • Central banks, commercial banks, family offices and other businesses managing their own crypto portfolios
  • Individual clients’ digital assets held by commercial banks or other institutions under segregated private keys
  • A first-to-market feature: commercial banks and other institutions providing self-custody to their customers
  • Stand-alone self-custody for the retail market

Initial Institutional Clients

Vaultavo’s first customer is Revix, a Cape Town, South Africa cryptocurrency investment platform that allows users to securely invest in technologies and asset classes.

“Vaultavo is a crucial partner for our business; the company will give us the ability to essentially offer all of our customers a biometric card where customers can essentially and safely transact with crypto,” said Sean Sanders, CEO of Revix. “Vaultavo is doing something that no other provider in the market is doing right now – giving users the ability to self-custody their cryptocurrency without losing control of their assets. They are the key to finally getting us to the position we’ve wanted to get to for a long time, which is, allowing our customers to use crypto for real-world purchases like getting a cup of coffee.”

Myna Accountants, based in the United Kingdom, is a world leading cryptocurrency accounting and professional services firm working with crypto clients of all types including exchanges, DeFi protocols and decentralized autonomous organizations.

“We are very excited by this new technology and this new approach to one of crypto’s biggest challenges, custody and self-custody,” said Joe David, managing director and founder, Myna Accountants. “They’re taking something that has been fundamentally difficult and full of challenges and made it simple and secure for both Myna and our clients to use. Our partnership with Vaultavo will ultimately drive value for Myna’s clients and enable us to provide best-in-class and pioneering services for them.”

The Revix installation is scheduled for the first quarter of 2023 with general marketplace rollout in 2023.

A product description video can be seen here. Additional editorial assets, including a schematic diagram, downloadable high resolution photos, executive biographies and photos and a corporate fact sheet are available here.

cornermarket-is-helping-small-businesses-thrive

CornerMarket is helping small businesses thrive

February 9, 2023 Published by

 

CornerMarket hosted a successful “Small Business Tour” in Palo Alto, California. This tour was not only an opportunity for attendees to beta test the CornerMarket App, but also a chance to see first-hand how the platform is helping small businesses thrive.

The tour kicked off at Kung Fu Tea, a Boba tea shop owned by Ryan Chen. Ryan shared his positive experience with CornerMarket and praised the app for its ease of use and accessibility.

He was able to offer tour attendees a significant discount of 20% or more on their Boba tea when purchased through the CornerMarket app, showcasing the cost savings that small businesses can pass on to their customers.

Next, the tour visited Alegio Chocolate, where owner Panos shared the story behind their product and the history of the small African island where the chocolate is sourced. Guests were treated to wine and free samples of the delicious chocolate and left inspired by the passion and craftsmanship behind the business.

The tour concluded at Qualia Contemporary Art Gallery, owned by Dacia Xu. Dacia highlighted the customizable features of the CornerMarket app and how it has helped her showcase her products in a more engaging manner. The tour also included a visit from Luke, one of the owners of Vogue Cleaners. He shared his personal story of starting a small business with his brother at the young age of 18 and the challenges they faced along the way, including during the recent impact of the COVID-19 pandemic. Despite these challenges, Luke’s determination and resilience inspired the attendees and small business owners in attendance and he was excited to add cryptocurrency as a form of payment at their business.

Representatives from Stanford University were on hand during the tour to answer questions about Web3 and help attendees set up their Web3 wallet. They also discussed the potential benefits of blockchain and cryptocurrency for small businesses, including increased security and transparency in transactions and cost savings through the elimination of intermediaries.

The Small Business Tour was a resounding success, with each business owner expressing their appreciation for CornerMarket and its ability to support small businesses. The tour demonstrated the great potential of the CornerMarket app for small business owners and consumers, with its integration of blockchain technology, DAO, and partnerships with local organizations. Web3 is poised to revolutionize the way small businesses and consumers interact and transact with each other, and CornerMarket is leading the way.

3iq-expands-middle-east-initiative-and-strengthens-leadership-team-with-strategic-advisor-hires

3iQ Expands Middle East Initiative and Strengthens Leadership Team with Strategic Advisor Hires

February 8, 2023 Published by

 

3iQ Digital Asset Management (3iQ), a global trusted leader in digital asset investments, announces its expansion into the Middle East with the appointment of two new strategic advisors, Rachel Pether, CFA and Vinay Kapoor. The company has already established a strong presence in the region, launching the Middle East’s first exchange-listed Bitcoin Fund on Nasdaq Dubai.

The two new hires bring a wealth of experience in the EMEA region and extensive expertise in both traditional finance and digital asset management:

  • Rachel Pether, based in Abu Dhabi, brings over 15 years of experience in the EMEA region where she was previously responsible for SkyBridge Capital’s Middle East Operations. She spent nearly a decade at Mubadala Investment Company in their Capital Markets and Treasury team. She is currently the host of “Digital Asset Report” on FintechTV, and sits on the board of various digital asset and data companies.
  • Vinay Kapoor, based in Dubai, is a seasoned asset management professional with over 30 years of experience in the EMEA region. He previously held key positions at Citibank, Merrill Lynch, and the Bank of Singapore. He founded Fortius Management Advisors, an investment and private banking advisory business with a network of clients worth over $5 billion.

The newly hired advisors will help push forward 3iQ’s latest offering, their Outsourced Crypto Investment Office (OCIOTM). 3iQ’s OCIOTM is a tailored solution specifically designed to help institutional investors navigate the rapidly growing digital asset economy, addressing their needs from both a strategic, service, and investment perspective. With this innovative solution, investors gain access to a comprehensive suite of services including education and strategic planning, investment advisory, and a managed account platform (QMAP).

Pascal St-Jean, President of 3iQ, said: “We are thrilled to welcome Rachel and Vinay to our team as we expand into the Middle East. Their experience and knowledge in the region will be instrumental in helping us navigate this important market and continue to deliver industry firsts in digital asset investing.”

Rachel Pether, CFA bio: Rachel has an extensive capital markets background with over 15 years of experience in the EMEA region. Before to joining 3iQ, she was responsible for SkyBridge Capital’s Middle East Operations. Previously, she spent nearly a decade at Mubadala Investment Company in their Capital Markets and Treasury team. In 2014 the Association of Corporate Treasurers named Rachel “The One to Watch” in Treasury. Rachel is currently the host of “Digital Asset Report” on FintechTV, and serves as MC for international events, including SALT, AIM Summit, and the Global Entrepreneurship Summit. Rachel sits on the board of various digital asset and data companies, including cryptocurrency exchange MidChains, layer 1 blockchain HAQQ, and the Sovereign Wealth Fund Institute.

Vinay Kapoor bio: Vinay is a seasoned asset management professional with over 30 years of experience in the EMEA region. Previously, he held key positions at Citibank, Merrill Lynch, and the Bank of Singapore. He also served as Vice Chairman of Interups Inc in New York. Prior to founding Fortius Management Advisors, an investment and private banking advisory business with a network of clients worth over $5 billion, Vinay was recognized as a top senior member at Merrill Lynch in the MENA region. Vinay is an APEX Board member and Authorized Signatory for over 5 years with a leading NGO that works with World Health Organization (WHO) and enjoys a special consultative status with United Nations.

bitcoin-sv-listed-on-coinstore.com

Bitcoin SV listed on Coinstore.com

February 6, 2023 Published by

 

The Bitcoin SV (BSV) token is now available to trade on the leading digital currency exchange Coinstore.com. The listing means users will have another way to buy, sell and trade BSV in several major regions worldwide.

Founded in 2020 by experienced finance and technology professionals from some of the world’s most renowned crypto exchanges, Coinstore.com has amassed over 180 employees worldwide, serving more than 1.8 million registered users in 175 countries. As a leading global provider of financial infrastructure and technology in the field of the crypto economy, Coinstore.com aims to become the preferred cryptocurrency trading platform and digital service provider worldwide.

BSV joins a selective list of digital assets available on Coinstore, with the new listing pointing to its continued growth in major regions such as the Philippines and India. With millions of daily transactions, a wave of application development, and scaling solutions which have taken the BSV blockchain to millions of transactions per second, the listing serves as another vital onramp for users.

Shawn Ryan, Director of Corporate Relationships – Exchanges, Wallets, for the Bitcoin Association for BSV said:

“We are very excited to have the BSV token listed on the Coinstore.com exchange. This listing is the first of several planned for 2023, meaning that millions more people will have access to the BSV token in the coming months. This comes at a time when Bitcoin SV has reached a level of scalability that shows it is ready for global adoption.”

artifact-labs-names-phillip-pon-as-new-ceo-to-drive-web3-adoption-amongst-global-brands,-cultural-institutions-and-intellectual-property-holders

Artifact Labs names Phillip Pon as new CEO to drive Web3 adoption amongst global brands, cultural institutions and intellectual property holders

February 6, 2023 Published by

 

Artifact Labs, a leading Web3 and NFT company based in Hong Kong, today announced the appointment of Phillip Pon as CEO. Pon, who brings a wealth of experience in the blockchain industry, will take over for Gary Liu who moves onto the company’s Board as Founder and Director. With Pon’s hiring, Artifact Labs will accelerate its mission to ‘Preserve and Connect History’ on the blockchain, and the company remains committed to helping organizations embrace Web3 technologies.

Pon was previously the Group Chief Operating Officer for BC Technology Group and President of OSL (HK stock code: 0863), a publicly traded digital asset company. In that role, he led day-to-day operations and helped the pioneering crypto trading platform become Hong Kong’s first regulated token exchange.  Previously, Pon also served as Chief Operating Officer of Lumenix, a global energy services company, and was long-time senior executive at Gerson Lehrman Group across Asia and Europe.

Liu, who will continue to work with Artifact Labs partners and support key projects, said, “I am ecstatic that someone with Phillip’s expertise will guide the future of the company. He brings a deep understanding of how blockchain technology can revolutionize traditional markets, and how digital assets can serve a new generation of consumers. I am proud of what we have achieved at Artifact Labs, and I look forward to seeing Phillip lead the company to even greater impact.”

Pon said, “I am thrilled to join Artifact Labs as CEO. Artifact Labs is dedicated to helping brands, cultural institutions and other intellectual property rights holders design and execute a strategy to enter Web3 with confidence and with measurable returns. We are keen to support those ambitions and I am excited to drive this mission forward with our talented team.”

In January, Artifact Labs announced its partnership with celebrated Hong Kong retailer Goods of Desire (G.O.D.) to launch “請: The Invitation” (pronounced cing2 in Cantonese), an NFT project and community for rediscovering Hong Kong through exclusive and reality-bending events, and engagements with the city’s most unique characters, all while preserving Hong Kong’s most significant historical assets on the blockchain. Artifact Labs will also debut the world’s first Metaverse Symphony in May of 2023, in partnership with the world-renowned Hong Kong Philharmonic Orchestra.

buy-backs-of-shares-in-coinshares-international-limited

Buy-backs of shares in CoinShares International Limited

February 3, 2023 Published by

 

As announced on 30 December 2022, the Board of Directors of CoinShares International Limited (“CoinShares” or the “Company“) (Nasdaq Stockholm Market: CS; US OTCQX: CNSRF), Europe’s largest and leading digital asset investment and trading group, resolved to implement a share buy-back program and repurchase shares on Nasdaq Stockholm Market during the period 3 January 2023, up to and including 3 April 2023 for total maximum amount of SEK 25 million in accordance with the authorisation from the Annual General Meeting on 20 June 2022.

The Board of Directors’ resolution to implement the share buy-back program was made after the Board’s review of the Company’s capital structure and was implemented for the purposes of reducing the capital of the Company.

The share buy-back program is carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 (“MAR”) and the Commission Delegated Regulation (EU) No 2016/1052 (the “Safe Harbour Regulation”).

The Company today announces that share buy-backs of shares in the Company (ISIN: JE00BLD8Y945) have been effected as set forth below (aggregated level):

Date

Number of
shares
acquired

Lowest price
paid (SEK)

 

Highest price
paid (SEK)

 

Volume
weighted
average (SEK)

27 January 2023

2,401

30.80

31.20

31.13

30 January 2023

2,720

30.15

32.15

31.68

31 January 2023

2,695

31.05

32.35

31.77

01 February 2023

2,352

31.25

32.75

31.90

02 February 2023

2,720

32.80

33.00

32.97

12,888

All share buy-backs have been carried out on Nasdaq Stockholm Market by the Company. Following the above repurchases, the Company’s holding of own shares as of 3 February 2023 amounts to 234,983 shares. The total number of shares in CoinShares amounts to 68,135,425.

For a full break-down of repurchases made, please refer to the attached announcement.

atfx-launches-blockchain-technology

ATFX Launches Blockchain Technology

February 3, 2023 Published by

 

ATFX just launched a new fintech service that allows its existing partners and potential clients to experience an extremely trustable verification process. The new service is based on a proprietary blockchain network built by the company’s IT team and is an industry first.

The broker has been making waves in the Forex and CFDs industry since launching a few years back due to the innovative and transformational technologies it has introduced into the markets.

ATFX was the first broker to introduce automated verification of new client accounts using facial recognition software. The broker was also among the very first firms to introduce the electronic signing of documents by its clients to minimise its carbon footprint.

ATFX’s latest blockchain verification technology is revolutionary since it allows potential clients to verify through blockchain whether an introducing broker (IB) is registered with and authorized by the broker. The technology, powered by a proprietary blockchain network, will help clients trade with truly high security.  The new system is two-pronged in that it also allows IBs to verify the status of the referred accounts.

Blockchain technology has helped transform many other industries, but its adoption in the Forex and CFDs trading industry has been slow. Many brokers are hesitant to adopt blockchain technology despite its numerous advantages, such as faster transaction speeds, increased transparency of financial transactions and providing extra security within financial networks.

As a fintech-based broker, ATFX saw the significant advantages of adopting blockchain technology in its operations. It has been working on the IB verification project for a few months.

By using a blockchain network to verify its IBs, ATFX can guarantee that malicious actors can never alter the records due to the immutable nature of blockchain transactions. Opening the records to prospective and current clients makes it very transparent, making it a real trustable trading environment ATFX’s clients.

Over the past few years, ATFX has built a reputation as an industry-leading fintech broker, and the latest blockchain service is proof that the broker’s status is well-deserved.  The broker continues to demonstrate its commitment to revolutionising the FX and CFDs brokerage industry via innovative services backed by cutting-edge technologies such as blockchain.

ATFX has won numerous awards for its innovations, and 2023 promises to be no different, given how the broker started the year. The company has promised to launch more innovative services and products as the year progresses.

Latest Members

Find connections

Who is online

Latest Hashtags

#artificialintelligence #betting #blockchain #casino #esports #fintech #gaming #hiptherfestival #hipthers #igaming #slots #technology