News list for " tech companies"
On July 10, according to an official announcement, Paris-based financial technology company Tractial (formerly BD Multimedia) announced that it will raise 1 million euros (about 1.17 million dollars) to increase its holdings of bitcoin.
Fintech company SoFi has announced an expansion of its investment opportunities, allowing users to invest in well-known unlisted startups such as OpenAI, SpaceX, and Epic Games through its platform. SoFi will partner with asset managers such as Cashmere, Fundrise and Liberty Street Advisors to provide access to these private market funds. The service is designed to lower the barrier to entry, with a minimum investment of just $10, covering high-growth sectors such as artificial intelligence, aer...
According to Barrons, fintech company Fiserv announced that it will launch a stablecoin and digital asset platform for its clients by the end of 2025. Fiserv shares rose in pre-market trading after the announcement, trading at $171. Founded in 1984, Fiserv is a leading global payments and fintech company serving thousands of Financial Institution Groups and corporates. As a global provider of financial services technology, Fiserv provides innovative solutions to clients such as banks, credit uni...
According to Bloomberg, Perplexity AI, a technology company backed by Bezos and Nvidia, filed for a merger with TikTok U.S. operations to dodge the impending shutdown. TikTok's Chinese parent company, ByteDance, was ordered by the United States to sell or close by Sunday. The deal will allow ByteDance investors, including heavyweights such as Sequoia Capital and SoftBank, to keep their shares.
Semler Scientific, a US-listed medical technology company, announced that it will acquire 237 bitcoins at an average price of $98,267 between December 16, 2024 and January 10, 2025, for a total investment of $23.30 million. As of January 10, the company's total bitcoin holdings reached 2,321, with a cumulative investment of $191.90 million and an average purchase price of $82,687. Since the company began implementing its bitcoin reserve strategy in July 2024, the bitcoin ROI rate has reached 99....
Puntored, an on-chain cross-border transaction fintech company, announced the completion of a $2 million financing, with the participation of the Stellar Development Foundation through its Stellar Enterprise Fund. Puntored will use this new funding to expand its technical capabilities and enable true cross-border transactions in Latin America through the Stellar blockchain network, mainly exploring digital wallets, enterprise embedded payment services and SME credit to provide financial transact...
Since 2019, big tech companies have generated more carbon emissions than bitcoin mining combined. Amazon has emitted more carbon dioxide per year than one bitcoin global mining. In 2021, Amazon reported emitting 71.54 million tons of carbon dioxide, while bitcoin mining's annual emissions are estimated at 65.40 million tons. Other big tech companies such as Google and Microsoft have annual emissions of 14.30 million tons and 15.30 million tons, respectively, making the total emissions of these c...
Mesh, a US fintech company backed by Paypal Ventures, has partnered with Conio, an Italian digital asset wallet, to provide cryptocurrency exchange access to Conio's 430,000 users. Through this partnership, users can access 10 cryptocurrency exchanges including Binance and Coinbase through the Conio app and seamlessly transfer bitcoin purchases directly into Conio wallets. We are pleased to announce that Conio has partnered with Mesh to launch the first Bitcoin open banking solution in Europe, C...
