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Blockchain

AURU.M™ Achieves Softcap of £10 Million Prior to Public Launch, Marking the World’s Largest Security Token Offering (STO)

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AURU.M™, the groundbreaking commodities-backed digital asset, proudly announces the achievement of its £10 million softcap ahead of its highly anticipated public launch. This milestone sets the stage for the world’s largest Security Token Offering (STO), underscoring the immense investor confidence and market demand for this innovative financial instrument.
AURU.M™ is backed by substantial gold reserves, combining the intrinsic value of precious metals with the efficiency and security of blockchain technology. This unique proposition offers investors a stable and transparent store of value, addressing the volatility often associated with digital assets.

Key Highlights of the AURU.M™ STO:

• Softcap Achievement: The initial funding goal of £10 million has been met through private and institutional investments, reflecting strong pre-launch interest and confidence in AURU.M™’s value proposition.

• World’s Largest STO:  With the softcap surpassed, AURU.M™ is on track to become the largest Security Token Offering globally, setting new benchmarks in the digital asset space.

• Commodities-Backed Stability: AURU.M™ provides a robust and reliable investment opportunity, leveraging the stability of gold to offer a secure digital asset for investors.

• Integration with QELT™: As part of the Quantum Financial System (QFS), AURU.M™ utilizes the advanced capabilities of the QELT™ platform, ensuring enhanced security, speed, and transparency in transactions.

Investor and Market Benefits:

• Enhanced Security: Utilizing blockchain and quantum-level encryption, AURU.M™ offers unparalleled security for all transactions.

• Transparency: Regular audits and transparent reporting ensure that the gold reserves backing AURU.M™ are verifiable and accessible.

• Global Accessibility: The integration with QELT™ allows for seamless cross-border transactions, making AURU.M™ a truly global digital asset.

• Stable Value: The commodities-backed nature of AURU.M™ provides a hedge against market volatility, offering a stable and reliable investment option.

Phil Ryan, CoFounder of AURU.M™, commented, “We are incredibly proud to have reached our softcap ahead of schedule, demonstrating the strong belief in the potential of AURU.M™. This achievement not only underscores the demand for stable and transparent digital assets but also marks a significant milestone in the evolution of the global financial system,” said Phil Ryan, co-founder of AURU.M™. “We look forward to the public launch and continuing to drive innovation in the digital asset space.”
Oliver Moorhouse, CoFounder of AURU.M™, added: “The success of our pre-launch phase is a testament to the robust foundation of AURU.M™. By combining the timeless value of gold with cutting-edge Quantum Enhanced Ledger Technology, we provide investors with a secure and transparent way to invest in the future. The upcoming public launch is set to redefine the standards of Security Token Offerings worldwide.”

The post AURU.M™ Achieves Softcap of £10 Million Prior to Public Launch, Marking the World’s Largest Security Token Offering (STO) appeared first on HIPTHER Alerts.

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Blockchain

Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

Do you have a finance press release to distribute? Sign up with PR Newswire to share your story with the audiences who matter most.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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