News list for "Finance company"
Upexi, a Nasdaq-listed finance company, reported a "record" quarter in which digital asset revenue exceeded $6 million and gross profit was $8.30 million, an increase of 183% year-over-year, The Block reported. Its total revenue in the fiscal first quarter was $9.20 million, compared with $4.40 million in the same period last year, of which digital asset revenue (mainly pledged revenue) 6.10 million. For the quarter ended September 30, 2024, the company's net profit was $66.70 million, or $1.21 ...
On November 4th, according to Globenewswire, digital asset finance company Propanc Biopharma (NASDAQ: PPCB) announced a strategic plan to acquire digital asset management (DAT) companies that are currently trading below their market capitalization-to-net asset value (MNAV) ratios. Company management believes that the acquisition of undervalued digital asset technology (DAT) companies is a way to strengthen Propanc's balance sheet, diversify its assets and create long-term stocks...
Andrew Webley, chief executive of Smarter Web Company, claims he is "convinced that Bitcoin Finance will become one of the most valuable businesses in the world".
According to a chart published by Cointelegraph, Solana Financial Company Reserve currently holds 8.90 million SOL tokens, which is equivalent to 1.55% of the total supply held by 13 entities.
CoinList announces the launch of CoinList Alpha, a private portal that gives accredited investors access to select private placement products ranging from seed rounds to private placements for finance firms. In its first transaction, CoinList provides accredited investors with the opportunity to participate in a PIPE private placement by Sharps Technology (STSS), a Solana finance firm.
XRP finance firm VivoPower has partnered with Crypto.com to provide institutional custody services for VivoPower's crypto holdings and digital asset mining businesses.
Thai-listed DV8 Public Company Limited, which wants to reinvent itself as a bitcoin finance company, has appointed Thai business leader Chatchaval Jiaravanon, best known for his 2018 acquisition of Fortune magazine, as its new chairperson. Jiaravanon is a member of the influential Charoen Pokphand Group family in Thailand. DV8 Public Company Limited plans to conduct financial practices centering on the Bitcoin treasury and invest in DeFi, public companies, and other financial institutions.
On May 21st, the European listed company The Blockchain Group (ALTBG) announced a capital increase of about 8.60 million euros (about 9.75 million dollars) to advance its bitcoin finance company strategy. The financing was raised through two operations, namely reserved capital increase and private placement, and the issuance price was 1.279 euros per share.
