Blockchain
CoinAnalyst and Yieldster Enter Into a Strategic Partnership
CoinAnalyst and Yieldster have entered into a strategic partnership, combining CoinAnalyst industry leading crypto products with Yieldster world class Vaults designed for institutional investors and family offices.
Toronto, Ontario–(Newsfile Corp. – November 15, 2021) – CoinAnalyst Corp. (CSE: COYX) (FSE: 1EO) (“CoinAnalyst” or the “Company“), a company that provides an artificial intelligence-based big data analytics platform (the “Platform“) that enables investors in the digital asset sector and other industries to access a custom dashboard, today announced it has entered into a strategic partnership with Yieldster.io (Yieldster).
“We told our shareholders to stay tuned as we come out of the gate with a bang! We couldn’t be more excited to announce this partnership as our first public market announcement. CoinAnalyst intends to implement our successful Copy Trading strategies on the Yieldster DeFi platform, providing their users to set up AI data driven Vaults for their investor powered by CoinAnalyst,” said Pascal Lauria, CEO and Co-Founder of CoinAnalyst.
A vault contains crypto assets that are tied to a smart contract that defines the terms under which the assets are traded, so every trade is logged on the blockchain and is transparent.
Amin El Gazar, CEO and Co-Founder of Yieldster stated: “We welcome CoinAnalyst as one of the first companies to add their strategies to our Vaults, but the partnership goes much deeper than this. We are also working together to integrate their Insights platform, monthly newsletters, and institutional level research within our infrastructure. We feel a well-rounded offering adds immense benefit to our institutional investors and family offices alike.”
About CoinAnalyst
CoinAnalyst provides an artificial intelligence-based big data analytics Platform that enables investors in the digital asset sector and other industries to access a custom dashboard. The dashboard monitors and analyzes real-time data from the digital asset market (Coins/Tokens/NFTs/initial offerings). The software monitors news sources, tracks influencers, scans online social media, and provides sentiment analysis, forecast and trade signals on the top 300 digital assets (more are added regularly). Additionally, the software system provides news, price quotes and allows for messaging. A mobile version and professional terminal are in development with expected availability in Q1, 2022. The Platform is accessed through a monthly subscription model, which ranges in price depending on the plan. The plans include basic, professional, and corporate. The Platform is sold through business-to-consumer (B2C) and through business-to-business-to-consumer (B2C2C).
About Yieldster.io
Yieldster DAO is a leading technology company developing the innovative Yieldster DeFi platform that gives investors the ability to run an investment strategy on DeFi including portfolio allocation, arbitrage, and liquidation. Unlike other companies in this space, who create walled gardens for their protocols, Yieldster created a compliance overlay that covers its own protocols as well as others. Yieldster was founded in March 2020 by a team of experienced fintech technologist and entrepreneurs whose goal it is to remove the complexity and bring credibility in investing in DeFi.
Learn more about Yieldster – https://yieldster.io
Learn more about CoinAnalyst – https://coinanalyst.tech
For more information, please contact:
Andrew Sazama
Chief Operating Officer and Director
Email: [email protected]
Phone: + 49 69 2648485 – 20
Forward-Looking Information
This press release contains forward-looking statements and forward-looking information within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Forward-looking statements in this news release may include, but are not limited to, statements with respect to internal expectations, the Company being able to successfully execute its business strategy, statements regarding the development of a mobile version of the Platform and professional terminal, the continued availability of capital and financing, and general economic market or business conditions. The forward-looking statements and information are based on certain key expectations and assumptions made by management.
Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information. There can be no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to, general economic conditions, the state of the regulatory environment in which the Company operates, competition, loss of markets, inability to access sufficient capital from internal and external sources, currency and interest rate fluctuations, and other risks. Please refer to the Listing Statement for more details on the risks faced by the Company. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date hereof, and to not use such forward- looking information for anything other than its intended purpose. Management of the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
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Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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