Point Roberts, WA and Delta, BC – August 19, 2021 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.
Listen to today’s Crypto Corner Podcast:
Crypto Corner Podcast 657: Stocks discussed: (NYSE: V) (TSX: GLXY) (NasdaqCM: HVBT) (TSXV: BNXA)
Stocks discussed: (NYSE:V) (TSX:GLXY) (NasdaqCM:HVBT) (TSXV:BNXA)
Coindesk reports that Wyre, a blockchain-based payments firm, is now able to integrate technology and functionalities from Visa (NYSE:V), after joining the latter’s Fintech Fast Track Program. According to the report “Wyre’s push-to-debit program will now allow instant payouts of crypto holdings to users’ bank accounts using the Visa debit cards,” and its “card issuance program will allow its users to convert and spend their balances in real-time using Visa debit cards.”
Galaxy Digital Holdings Ltd. (TSX:GLXY) has announced the launch of the Galaxy DeFi Index Fund, a passively managed fund that seeks to track the performance of the newly-launched Bloomberg Galaxy DeFi Index. Steve Kurz, Partner and Head of Asset Management at Galaxy Digital, commented:
“Galaxy continues to pioneer inroads for institutions seeking exposure to the innovation happening within the crypto ecosystem. The blockchain-based infrastructure behind DeFi is maturing at an accelerating rate and clear examples of how this new technology can disrupt financial services are emerging in real-time. Our unique DeFi Index Fund provides investors with institutional-grade exposure to the future of financial services.”
HIVE Blockchain Technologies Ltd. (NasdaqCM:HVBT) has appointed Aydin Kilic, founder of Fortress Blockchain Corp., as its President and Chief Operations Officer. According to the press release, Kilic boasts “a comprehensive understanding of Canadian securities laws, public company audit demands, ESG investing and exchange rules governing publicly traded crypto mining companies.”
Banxa Holdings Inc. (TSXV:BNXA) has provided a financial update for its fiscal year ended June 30, 2021, reporting unaudited year-end revenues of between $42 to $45 million, a 500 percent increase year on year. The company’s Founder and Chairman, Domenic Carosa, commented:
“As more people transition from the existing fiat world (e.g. USD/EUR/CAD) to the digital asset world (e.g. Bitcoin/Ethereum); the requirement for compliant payment infrastructure becomes increasingly more important. Banxa addresses this head on with the provision of both global and local payment methods for our customers.
Furthermore, as the industry becomes increasingly regulated, Banxa is leading the charge with its RegTech offering that provides regulated and compliant payments to the industry. We will continue to acquire more licences for cryptocurrency payments, exchange and custodial services around the world therefore building a defensible ‘moat’ around our business model.”
Sam Mowers, Investorideas
For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.
About Investorideas.com – News that Inspires Big Investing Ideas
Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors. Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns: Crypto Corner, Play by Play sports and stock news, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast, Cleantech and Climate Change, Exploring Mining, Betting on Gaming Stocks Podcast and the AI Eye Podcast.
The Investorideas.com podcasts are also available on iTunes (Apple Podcasts), Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.
Visit the Podcast page at Investorideas.com:
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
Copyright and ownership: Crypto Corner is an Investorideas.com content brand
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Download our Mobile App for iPhone and Android