Blockchain Press Releases
Qapita and hrtech Join Forces to Empower Middle East Organizations with Cutting-Edge ESOP and Equity Management Solutions
DUBAI, UAE, July 18, 2023 /PRNewswire/ — Qapita, a new-age ESOP and equity management solutions provider, and hrtech, a prominent HR Technology Analyst firm, have announced a strategic partnership aimed at revolutionizing ESOP management in the Middle East market. By combining their expertise and resources, Qapita and hrtech are set to stamp their presence in the Middle East market and provide organizations with an innovative suite of tools and services for effective ESOP management.
Qapita offers comprehensive solutions that empower businesses of all sizes to streamline their equity and ESOP management processes, enhance transparency, and provide a seamless employee experience. By simplifying the complex landscape of equity management, Qapita enables companies to focus on strategic growth while ensuring compliance and efficiency.
hrtech, a Singapore-headquartered HR Technology Analyst firm, has now expanded its presence to Dubai. By partnering with hrtech, Qapita aims to extend its geographic reach and deliver its cutting-edge ESOP management solutions to the Middle East market.
hrtech brings its extensive consultation experience and marketplace expertise to address the unique needs of modern-day organizations. With a strong focus on providing innovative tools for efficient HR management, hrtech is well-positioned to address the specific challenges faced by Middle Eastern organizations when it comes to managing ESOPs and equity matters. Through this partnership, hrtech will leverage Qapita’s technology to deliver seamless integration of equity management capabilities into its existing marketplace of HR solutions.
“We are thrilled to partner with hrtech and expand our presence in the Middle East market,” said Ravi Ravulparthi, Co-founder & CEO of Qapita, “With their deep understanding of HR technology and local market dynamics, hrtech is the ideal partner to help us deliver our innovative solutions to organizations in this region. We are confident that our partnership will enable Middle Eastern companies to navigate the complexities of ESOPs and equity management more efficiently and effectively.”
Qapita is Series-A funded and backed by marquee institutional and angel investors, including Cercano Management, East Ventures, Citibank, Mass Mutual Ventures, and Endiya Partners. It currently serves 1,800+ Clients over 20+ Countries managing 165,000+ Employee Owners. Their rich clientele includes some huge brands making their way to the top, including the world’s 5th largest wearable brand along with India’s No.1 Earwear brand – Boat. Qapita leveraged its ESOP management platform features to provide boAt with a Holistic Equity Management system with real-time support.
Sriram Iyer, Founder & CEO, hrtech, expressed his excitement about the partnership, stating, “Qapita’s expertise in ESOP management perfectly complements our vision of providing cutting-edge HR solutions to companies. By integrating their advanced platform into our marketplace, we will provide Middle Eastern organizations with a holistic solution for ESOP management. This collaboration reflects our commitment to delivering innovative HR solutions that address the evolving needs of businesses in the region.”
About Qapita
Qapita is a SaaS startup with offices in India & Singapore and a market leader in equity management solutions for startups and growth companies. Qapita’s vision is to transform how equity is managed and traded in the private capital markets in this region. Qapita’s software solution seeks to automate the equity management process for startups including workflows around CapTables, ESOPs, Due-diligence, and transactions. Qapita’s marketplace solution facilitates liquidity to ESOP holders and shareholders via structured liquidity programs and secondary transactions. Qapita aims to automate all processes for equity matters in private markets via its digital platform. For more details: https://www.qapita.com/.
About hrtech
hrtech is a Singapore-headquartered HRTech Analyst firm, dedicated to facilitating Workplace and Workforce Transformations that drive robust Business and HR outcomes for enterprises across Asia and the Middle East. hrtech’s unwavering vision has been to create a TECH-DRIVEN and DATA-CENTRIC HR ECOSYSTEM, enabling successful Workplace and Talent Transformations that fuel organizational growth and empower HR teams to become Strategic Business Partners. To guide HR teams through this transformational journey, hrtech operates through four distinct verticals: Academy, Advisory & Consulting, Marketplace Solutions, and Talent On-Demand. For more details: https://www.hrtech.sg
View original content:https://www.prnewswire.co.uk/news-releases/qapita-and-hrtech-join-forces-to-empower-middle-east-organizations-with-cutting-edge-esop-and-equity-management-solutions-301877336.html
Blockchain Press Releases
Compass Mining Scales Texas Operations with 25 MW Bitcoin Mining Facility, Plans Further Expansion
Energizes Over 50 MW in 2024 Across Six States, with 35 MW Coming Online by January 2025
WILMINGTON, Del., Dec. 20, 2024 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, proudly announces the addition of a new 25 megawatts (MW) Bitcoin mining facility in Texas to its growing network of North American operations. The facility is already fully built out and will be operational with an initial 5 MW of capacity by year’s end, scaling to 25 MW in early January 2025. Compass also plans to expand the facility’s capacity to 60 MW by Q3 2025.
The new Texas facility will house a mix of relocated machines from Compass’s existing sites, as well as newly deployed units, ensuring continuity for current customers while offering new clients a seamless and turnkey Bitcoin mining experience. By January 2025, new customers purchasing machines through Compass’s platform will have the option to deploy them at the “Texas 6″ site.
“Our new Texas facility represents another milestone in our mission to make bitcoin mining more accessible for everyone,” said Paul Gosker, CEO of Compass Mining. “We bring a wealth of experience from successfully operating at multiple locations across Texas, navigating the unique grid dynamics and leveraging local resources. For this site, we will provide our support and expertise, including assisting our site partner in hiring expert technicians who meet Compass’s high standards. This ensures high uptime and reliability, delivering the quality our customers expect.”
Compass’s strategy combines vertical integration through proprietary facilities, such as the new Iowa 4 site, with partnerships at third-party facilities renowned for high uptime and reliability. This dual approach allows the company to maintain operational flexibility while delivering reliable hosting solutions. The company has energized a total of approximately 50 MW of power capacity across mining facilities in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas in 2024, with plans to add another 35 MW by January 2025.
About Compass Mining
Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.
Media Contact
BlocksBridge Consulting
[email protected]
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DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be extending the festive fun with lavish virtual gifts for Bybit Card holders. From Dec. 20, 2024 to Jan. 31, 2025, with every swipe of their Bybit Card, users may get a chance to unwrap mystery gift boxes, including 1,000 in USDT and other exciting airdrops from DOGE to BTC—all rewards, no catches.
For each 100 USDT spent in eligible purchases with the Bybit Card, users will receive a lucky draw ticket to redeem a gift box on Bybit. Each gift box promises a crypto reward—from Christmas baubles in DOGE, SOL, ETH, XRP and BTC airdrops, all the way up to the grand prize of 1,000 in USDT. Registration is required and the special Holiday Giveaway ends at the end of Jan. 2025.
For users looking for a convenient way to utilize their crypto assets for daily spendings and debit payments, it is not too late to apply for the Bybit Card. The application and verification process takes minutes, and a virtual card will be issued as soon as the card is approved, enabling seamless digital payment on Apple and Android devices in applicable regions.
“The Bybit Card takes the hassle out of crypto off-ramp for regular users and weaves rewards and benefits into daily spendings. On top of regular cashbacks, we are introducing extra perks as our token of thanks to wrap up an eventful year in crypto,” said Joan Han, Sales and Marketing Director at Bybit.
The Bybit Card made expansive global footprints 2024 as crypto adoption continues to rise in the past year. Trusted and frictionless crypto payment solutions are in demand in various parts of the world, and Bybit is one of the natural habitats of crypto native consumers. Spanning from Buenos Aires to Amsterdam, the Bybit Card community is growing and so are the perks:
- Up to 10% cashback in USDT, BTC and ETH on eligible purchases
- Zero fees for instant virtual card issuance
- Zero annual or hidden fees
- Up to 8% APY
Enjoy this festive season in all its splendor. Eligible Bybit Card holders from all regions are welcome; terms and conditions apply: Bybit Card Holiday Giveaway: Swipe, Spend & Sparkle!
#Bybit / #TheCryptoArk #theBybitCard
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
Bybit P2P Unlocks 20,000 USDT Prize Pools for Select Users in South Asia and Africa
DUBAI, UAE, Dec. 20, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will be concluding 2024 with lucky spins all around for eligible users on Bybit P2P. With a chance at two grand bonus pools of 10,000 USDT each, select users in parts of South Asia and Africa stand to make the most of their P2P trades at Bybit.
From now to Dec. 31, 2024, eligible users may create their own P2P trading bonus at Bybit and unlock 100% chance of winning:
- South Asia: Eligible users in South Asia may sign up for the Grand Spin Extravaganza
- Africa: Eligible users may register to enter the P2P Prize Spinner
Successful participants may complete one or more referral, deposit, or trading tasks to earn up to 10 Lucky Draw Tickets. Tasks start at beginner level including a first-time deposit of 10 USDT. With a Ticket, users get to spin the wheel of fortune for a guaranteed airdrop from the 10,000 USDT Prize Pool.
As communities in the Global South start to build and diversify their wealth, millions are in dire need of modernized and inclusive financial infrastructures. The digital asset class offers an alternative for grassroot investors in emerging markets, demonstrating transformative power to shape the future of growth.
Bybit’s peer-to-peer trading platform provides user-friendly and trusted tools for P2P merchants and buyers. Users can compare and execute trades at an optimal price agreed upon by both parties, carried out on Bybit’s ultra smooth trading platform at zero fees. Supporting over 60 fiat currencies and over 300 payment methods, Bybit P2P contributes to democratizing access to the digital economy.
Users who have completed Bybit Identity Verification Level 1 may log in to confirm their eligibility. Terms and conditions apply.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-p2p-unlocks-20-000-usdt-prize-pools-for-select-users-in-south-asia-and-africa-302337255.html
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