Connect with us

Blockchain Press Releases

Ayre Group-nChain CHF500 million deal set to boost European Tech blockchain and Web3 sectors

Published

on

ayre-group-nchain-chf500-million-deal-set-to-boost-european-tech-blockchain-and-web3-sectors

CHF500 million deal believed to be the single largest enterprise blockchain IP investment to date

LONDON, Aug. 2, 2023 /PRNewswire/ — Ayre Group has finalised agreements to take a controlling interest in nChain, the global leader in blockchain and Web3 technology, in a 500 million Euro deal that will provide a huge boost to the blockchain and Web3 sectors.  

As Forbes recently observed, nChain’s patents “affect everything from the US$1 trillion cryptocurrency market to corporate implementations built by some of the largest companies in the world.”

The deal, believed to be the single largest enterprise blockchain IP investment to date, will see Ayre Group invest up to a total of CHF500 million (€516 million/£443 million). The sum consists of an equity acquisition of nChain by the Ayre Group, an IP licensing deal for Ayre Ventures portfolio companies, and a line of credit.  

To date, nChain has been awarded nearly 800 technology patents with over 3,000 more presently awaiting approval, a wide-ranging intellectual property library representing the fundamental building blocks on which these next-generation internet products and services will be built. nChain’s IP is the DNA of the new internet, encompassing Web3 precursors, non-fungible tokens, smart contracts, and everything in between.   

nChain has a heavyweight R&D team dedicated to turning its vast IP library into workable applications. nChain was included in the LexisNexis Innovation Momentum 2023: The Global Top 100 report of companies advancing innovative solutions to today’s challenges and laying the IP foundations for further breakthroughs.  

Ayre Group Founder Calvin Ayre commented on the deal: “For the better part of a decade, nChain and its London-based Chief Scientist Dr. Craig Wright have been quietly amassing a patent portfolio of unparalleled scope, literally the foundational elements of enterprise blockchain, AI and Web3. My goal is to accelerate the pace of nChain’s development and increase the commercial adoption of its extensive IP library.”  

Ayre is a vocal supporter of the BSV Blockchain but says nChain’s patents are “blockchain-agnostic. There isn’t a single blockchain or Web3 project out there that isn’t standing on the shoulders of nChain’s patent library—the earliest, largest, and highest quality collection in this space.”   

BSV’s combination of unbounded scaling capacity, ultra-low transaction fees and integration with IPv6 make it the only enterprise blockchain on which the internet of the future can be fully realized. 

Stefan Matthews, nChain’s Co-Founder and Executive Chairman, added: “Calvin has been a strong advocate for nChain over the years. His decision to take a greater equity position in the nChain Group signifies his confidence in our business model and the value that we hold in our patent portfolio, software development and consulting services.” 

Christen Ager-Hanssen, nChain´s Group CEO said: “nChain’s bold mission is to catalyze an unprecedented transformation, propelling the world from Web2 to Web3 at an astounding pace. This groundbreaking shift will not only revolutionize our lives but also shake the very foundations of industries far and wide. With Calvin’s unwavering dedication and visionary leadership, nChain is poised to spearhead the creation of a trillion-dollar ecosystem, leaving an indelible mark on the world, making it a better place for generations to come.” 

About Ayre Group 

Ayre Group are a global investment group that fund ground-breaking businesses and technologies. They invest in building ventures in real estate, blockchain technology, media, publishing, health & wellness and travel & leisure. 

Ayre Group build and support technology and businesses that break down barriers to entry, democratize opportunity, and positively enhance people’s lives. 

About nChain 

nChain is a leading global blockchain technology company, offering software solutions, consulting services and IP licensing for clients in various industries looking to benefit from the security, transparency and scalability of the blockchain. Founded in 2015, with offices in Lichtenstein, Switzerland, the UK and Slovenia, nChain employs more than 240 staff, holds nearly 800 patents and is the developer of the Bitcoin SV Node software, Teranode, LiteClient and more.  

About Calvin Ayre 

Calvin Ayre is a celebrated entrepreneur with an established track record of building successful internet-based businesses. In the mid-1990s, he was among the first to see online gambling’s breakout potential, leading to the launch of his market-leading Bodog brand and his appearance on the cover of the 2006 Forbes ‘Billionaires’ issue. Since leaving the gaming industry, he has focused on the Ayre Group, which invests in real estate, travel & leisure, blockchain/Web3 and media/publishing projects. Ayre Group also produces the London Blockchain Conference, the world’s largest annual Government and Enterprise Blockchain conference.

 

View original content:https://www.prnewswire.co.uk/news-releases/ayre-groupnchain-chf500-million-deal-set-to-boost-european-tech-blockchain-and-web3-sectors-301891497.html

Continue Reading

Blockchain Press Releases

Bitget’s Smart Portfolio Bot Enables Sophisticated Crypto Trading For Users

Published

on

VICTORIA, Seychelles, Sept. 26, 2023 /PRNewswire/ — Bitget, the leading crypto derivatives and copy trading platform, has announced the launch of Smart Portfolio, an intelligent investment bot designed to boost returns. This is a groundbreaking addition to its platform that promises to empower traders and investors with dynamic portfolio management capabilities, allowing users to rebalance assets based on price fluctuations to earn higher profits.

The Smart Portfolio bot represents a quantum leap in the way users manage their digital asset portfolios. It is an intelligent bot that continually and dynamically rebalances positions within a user-selected portfolio of cryptocurrencies, ensuring a constant proportion of each coin is maintained. Smart Portfolio shifts allocations between cryptocurrencies in a user’s portfolio as market values change. The bot will bank profits when asset prices peak and buy additional crypto when prices are low. This dynamic rebalancing aims to increase overall portfolio value over time versus simply holding assets.

Users can choose between two rebalancing modes tailored to their unique investment strategy: percentage-of-portfolio rebalancing and calendar rebalancing. Percentage-of-portfolio rebalancing is triggered when the percentage allocation of one or more coins deviates from the preset target by a threshold amount, due to changes in market capitalization. This helps maintain the desired coin proportions. Calendar rebalancing means time-based adjustments occur at fixed intervals to rebalance back to the preset allocations, if the percentages have drifted. The intelligent bot analyzes price momentum and volatility to determine the optimal times to rebalance under both modes. Its algorithms aim to maximize returns from portfolio rebalancing based on market conditions.

Smart Portfolio bot with dynamic rebalancing enables systematically buying low and selling high across the market’s cycles. The key is to act swiftly to lock in gains from short-term price spikes before values fall back down. Then reinvest those freed-up funds into undervalued coins poised to rally. This mechanism can steadily increase the total quantity of cryptocurrency assets held over time.

There are often correlations between cryptocurrencies and sectors in the crypto market. When some coins rise in value, others may fall. Simply holding assets can miss major profit opportunities during these cycles. For example, if a few coins increase in price and then start to decline, some other coins may simultaneously begin rising. By taking timely action to sell the first coins near their peak and using those profits to buy the cheaper rising coins, investors can capture additional gains.

Smart Portfolio offers passive crypto investors a powerful new tool to enhance returns. The automated manager handles portfolio rebalancing so users can sit back as their holdings grow. Smart Portfolio streamlines profit-taking, allocation, and reinvestment using proven trading principles.

“The launch of our Smart Portfolio bot exemplifies Bitget’s mission to keep providing innovative solutions that make crypto investing smarter. This automated portfolio manager aligns with our ‘Trade Smarter’ philosophy of leveraging technology to empower users. Beyond intelligent bots, we continue refining our platform with advanced features and services to help traders and investors thrive across different market conditions. Going forward, we are committed to keep raising the bar with more cutting-edge offerings to deliver an outstanding all-encompassing platform where people with all levels of crypto experience feel equipped to trade smarter”, said Gracy Chen, Managing Director at Bitget.

Bitget recently hosted its inaugural flagship event, EmpowerX Summit. The summit welcomed nearly 1900 esteemed guests and announced the $100 million EmpowerX Fund during the event. The fund, focusing on an unwavering commitment to fostering ecosystem development, will primarily support the growth of regional exchanges, data analytics firms, and media organizations.

For more information on Smart Portfolio, please visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord

Photo – https://mma.prnewswire.com/media/2220044/Bitget_s_Smart_Portfolio_Bot_Enables_Sophisticated_Crypto_Trading_For_Users.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bitgets-smart-portfolio-bot-enables-sophisticated-crypto-trading-for-users-301937676.html

Continue Reading

Blockchain Press Releases

Bitget Wallet Quick Buy Expands Fiat Support to Include EUR/RUB/JPY Currencies

Published

on

VICTORIA, Seychelles, Sept. 21, 2023 /PRNewswire/ — Bitget Wallet (formerly known as BitKeep), a leading multi-chain digital wallet, is proud to announce the latest expansion of its Quick Buy service to include fiat support for 3 new currencies: EUR, RUB, and JPY. These new fiat additions will further strengthen Bitget Wallet’s overall OTC features, providing its users with easier and more robust on-ramp options and lowering the overall barriers of entry into Web3. Leveraging on its new brand slogan of “Faster Trading, Better Assets”, Bitget Wallet is committed to serving as the most user-friendly Web3 trading wallet in the industry.

For Web3 users, acquiring cryptocurrencies with fiat currency has often presented a challenge. Bitget Wallet addresses this need by introducing Quick Buy, a one-stop solution for users seeking to buy and sell cryptocurrencies with ease. Quick Buy collaborates with stable OTC service providers and integrates multiple payment systems to provide a flexible and private purchasing experience.

Quick Buy is designed to break down barriers in the cryptocurrency OTC space, providing compatibility with popular payment methods to meet the diverse needs of users worldwide. This service reduces entry barriers, allowing users to acquire digital assets and participate in the Web3 space seamlessly.

Key advantages and benefits of Bitget Wallet Quick Buy

  • Supported Payment Channels: Quick Buy integrates six payment channels, including MoonPay, Alchemy Pay, Simplex, FaTPay, Banxa, and Transak. Bitget P2P (Peer to Peer) channels are also available.
  • Supported Fiat Currencies: Users can purchase cryptocurrencies using nearly 50 fiat currencies, including USD, EUR, JPY, KRW, VND, THB, and more.
  • Payment Methods: Quick Buy supports various payment methods, including Visa, PayPal, Master, ApplePay, GooglePay, and more.
  • Cryptocurrencies Available for Purchase: Over 10 blockchain networks and more than 50 token varieties, including USDT, USDC, ETH, BTC, and more.
  • Global Coverage: Quick Buy is available to users from over 100 countries.

In line with its new slogan of “Faster Trading, Better Assets”, Bitget Wallet has evolved into a comprehensive wallet platform that places trading at its core. Leveraging upon the powerful trading capabilities of Bitget Swap that boasts intelligent liquidity aggregation and routing across over 100 DEXs, users can expect to enjoy the best prices available, further bolstering their interactions with the rest of Bitget Wallet’s product ecosystem, including an NFT Marketplace and DApp browser. Additionally, Bitget Wallet’s unparalleled wallet functionality also promises an enhanced overall user experience for both new and existing Web3 users, including secure on-chain asset management, Watch-Only Wallet feature for following smart money, and staking services. All of these features are purpose-built to provide users with convenient ways to not only manage their assets, but also to grow their crypto portfolio.

Gracy Chen, Managing Director of Bitget, said, “Quick Buy facilitates seamless crypto purchasing for users worldwide, removing the barriers of fiat-to-crypto transactions. We look forward to empowering users to explore the Web3 space. The launch of Quick Buy underscores our commitment to simplifying access to cryptocurrencies and facilitating crypto mainstream adoption. With its range of innovative features, Bitget is bringing crypto investing to the fingertips of users globally.”

“The core value proposition of this industry primarily revolves around asset management and trading,” Karry, CEO of Bitget Wallet says. “We position ourselves as a trading wallet because offering asset trading services and serving as the connecting vector for asset circulation creates value by providing liquidity, facilitating price discovery, and enhancing asset availability. Focusing on trading also allows us to reach a broader user base and capture various forms of value generated within trading activities. In the future, decentralized trading will emerge as the mainstream option, with payments being a critical application scenario for wallets.”

About Bitget Wallet

Formerly known as BitKeep, Bitget Wallet is a decentralized multi-chain digital wallet that provides an all-in-one solution for a comprehensive portfolio of services, including wallet functionality, an integrated swap feature, NFT Marketplace, DApp Browser, and Launchpad. It offers reliable and secure asset management and trading services to more than 12 million users worldwide, covering 168 countries in North America, Europe, and Asia and is a top-rated wallet on both Google Play and the iOS App Store globally. Bitget Wallet currently supports over 250,000 types of cryptocurrencies across over 90 chains, including major ones such as Bitcoin, Ethereum, Arbitrum, Polygon, BNB Chain, Fantom, and Solana.

Official website: https://web3.bitget.com/
Twitter: https://twitter.com/BitgetWallet
Telegram: https://t.me/Bitget_Wallet/
Discord: https://discord.gg/qjH6YGDYgh

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

Photo – https://mma.prnewswire.com/media/2217298/image_5026182_30397854.jpg

View original content:https://www.prnewswire.co.uk/news-releases/bitget-wallet-quick-buy-expands-fiat-support-to-include-eurrubjpy-currencies-301934614.html

Continue Reading

Blockchain Press Releases

Vestinda Bridges Web3 and Traditional Finance with Support for 100,000 Asset Pairs

Published

on

BUCHAREST, Romania, Sept. 21, 2023 /PRNewswire/ — Vestinda, the innovative no-code trading automation platform for communities, has set a new standard in the world of finance. In a move that transforms the landscape of quant trading for retail, Vestinda now provides extensive support for all asset classes, including Forex, Stocks, Indices, ETFs, Crypto, and Commodities within its powerful no-code environment.

This expansion marks a significant milestone in Vestinda’s mission to automate trading and investment for everyone. Vestinda users can now access a comprehensive array of asset classes beyond Crypto.

We’re now getting one step closer to our vision of becoming the super-app for investment automation across multiple asset classes and accounts. Launching support for 100,000 asset pairs on our platform is a significant milestone in our journey. We’re helping individuals build complete, diversified, and automated investment portfolios. Our commitment to innovation and transparency has never been stronger, and we’re excited to see our community embrace this new era for financial markets.” – Alin Breabăn, founder of Vestinda

Vestinda’s Expansion Unleashes a Wealth of Opportunities:

  • Backtest Across Markets: Get access to 100,000 asset pairs from all global markets.
  • Risk-free Demo Trading: Users can simulate trading, learn, and get signals on their strategies.
  • Bullet-proof automation: Users can automate their strategies on top of their accounts at selected Exchanges.
  • No-Code Environment: Vestinda maintains its commitment to simplicity offering the most flexible no-code environment, and making trading strategy creation and implementation accessible to traders of all levels.

This enhancement embodies Vestinda’s commitment to equipping traders with the essential instruments to win in the ever-evolving financial arena. With access to many assets, robust backtesting capabilities, full trading execution, and an intuitive no-code environment, Vestinda empowers everyday traders to become profitable by using the technology that was available only to the financial elite.

In parallel with this product expansion, Vestinda is announcing the successful progress of its first investment round with $500,000 committed from visionary investors. The company is looking to close the first round of $600,000 to accelerate growth and build the future of investment automation.

About Vestinda

Vestinda is a pioneering trading & investing automation platform designed to empower retail traders with the tools they need to succeed in the world of finance. With a strong focus on user experience, transparency, and advanced technology, Vestinda is committed to helping millions of people grow and automate portfolios.

View original content:https://www.prnewswire.co.uk/news-releases/vestinda-bridges-web3-and-traditional-finance-with-support-for-100-000-asset-pairs-301933763.html

Continue Reading
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE