Genius Group, an innovative AI-driven education firm based in Singapore, has recently made headlines with its unprecedented decision to incorporate Bitcoin as a primary element of its treasury strategy. By adopting a "Bitcoin-first" approach, the company intends to allocate 90% of its current and future reserves to Bitcoin, reflecting strong confidence in the cryptocurrency’s long-term potential. Genius Group has earmarked
The United Kingdom is on a mission to become a leading destination for international investments, leveraging strategic reforms and the power of personalization in investor relations. In the wake of Brexit, the UK seeks to attract foreign direct investment (FDI) to foster economic growth and innovation, positioning itself as a prime location for global investors. With a focus on high-growth
Imagine a world where carrying your wallet or even your phone for payments becomes obsolete, replaced by the simple wave of a hand. This futuristic vision is becoming a reality in Singapore, thanks to a groundbreaking partnership between Tencent, a leading Chinese technology conglomerate, and Visa, a global financial services company. The collaboration aims to transform the payment landscape by
Intesa Sanpaolo’s private banking arm, Fideuram Intesa Sanpaolo Private Banking (FISPB), is set to enhance its Digital Wealth Management capabilities both in Italy and throughout Europe by collaborating with BlackRock, the leading global asset manager. This partnership aligns with Intesa Sanpaolo’s strategy of expanding its Wealth Management business and developing advanced digital solutions. Through this collaboration, FISPB aims to broaden
Equinix, a key player in the data center industry, experienced a notable drop in pre-tax profits in its Irish arm over the past year, despite achieving a robust increase in revenues. The company operates multiple facilities in Dublin and 260 data centers worldwide, serving major technology clients like Oracle, Nvidia, Google Cloud, Netflix, Dell Technologies, AWS, and Zoom. Financial Performance
Cryptocurrency has gained significant traction as a preferred investment option, drawing the attention of both newcomers and experienced investors. The expanding number of platforms in the cryptocurrency market can make the task of selecting the ideal one overwhelming. Ensuring that your chosen platform aligns with your investment goals and security requirements is crucial. This guide aims to simplify the selection
Bitcoin, the world’s most famous cryptocurrency, has experienced a significant surge in its price, exceeding the $89,000 mark. This price rally reflects a remarkable increase of 26% over the past week, driven by a mix of institutional buying, favorable regulatory reforms, and increased fund inflows from asset managers. The movement has brought Bitcoin to new all-time highs, with traders and
Artificial intelligence has undeniably revolutionized various sectors, including finance, introducing substantial advancements in efficiency and data processing. Yet, despite these significant strides, human traders persist in maintaining a competitive edge over AI in the financial markets. The myriad reasons behind this phenomenon are rooted in the unique qualities and skills that human traders possess—qualities that artificial intelligence has yet to
LocalStack has announced the completion of a $25 million Series A funding round led by Notable Capital, along with additional support from CRV and Heavybit. This significant investment is set to propel LocalStack’s mission to empower developers with more control over cloud development and reduce their reliance on time-consuming and costly cloud-based testing. By offering a platform that enables developers
LocalStack, a platform known for enabling developers to simulate a full Amazon Web Services (AWS) environment locally, has recently made headlines with the successful completion of a USD $25 million Series A funding round. This significant investment aims to elevate the platform for developers seeking greater control over their cloud computing environments. This milestone comes at a pivotal time when
Visa’s new finance product, the Flexible Credential, offers groundbreaking solutions for payment flexibility and control on a global scale, reshaping how consumers manage and execute their transactions. By partnering with leading fintech companies like Affirm in the U.S. and Liv, a digital bank by Emirates NBD in the UAE, Visa aims to provide consumers unprecedented freedom in payment choices. This
Tranched, a London-based embedded asset-based financing platform, has successfully raised $3.4 million in a pre-seed funding round. This round was spearheaded by Speedinvest and saw additional contributions from Andreessen Horowitz’s Crypto Startup Accelerator (CSX) program, Blockwall, Kima, and OVNI Capital. With these funds in hand, Tranched aims to enhance its platform with new features and extend its global reach. The
