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MicroStrategy Announces Fourth Quarter 2022 Financial Results





TYSONS CORNER, Va.--(BUSINESS WIRE)-- MicroStrategy ® Incorporated (Nasdaq: MSTR) (“MicroStrategy” or the “Company”), the largest independent publicly-traded business intelligence company, today announced financial results for the three-month period ended December 31, 2022 (the fourth quarter of its 2022 fiscal year).

“ In 2022, MicroStrategy achieved total revenue growth on a constant currency basis for the fourth quarter as well as the full year on the strength of our cloud business. In the fourth quarter, current subscription billings grew at a double-digit growth rate for the eleventh straight quarter. The stickiness of our products and the long-standing tenure of our top customers is a testament to the resiliency of our business, despite ongoing macroeconomic headwinds,” said Phong Le, President and Chief Executive Officer, MicroStrategy.

“ I am pleased to report we again increased our bitcoin holdings this past quarter to a total of 132,500 bitcoins. Our corporate strategy and conviction in acquiring, holding, and growing our bitcoin position for the long term remains unchanged. And while we encountered macroeconomic and foreign currency headwinds in 2022, we continue to shift to higher quality, recurring revenues as we grow and scale our cloud business. We remain intentional and precise in prioritizing costs, focusing on areas that drive revenue growth while preserving margins,” said Andrew Kang, Chief Financial Officer, MicroStrategy.

Fourth Quarter 2022 Financial Highlights Revenues: Total revenues for the fourth quarter of 2022 were $132.6 million, a 1.5% decrease, or a 4.1% increase on a non-GAAP constant currency basis, compared to the fourth quarter of 2021. Product licenses and subscription services revenues for the fourth quarter of 2022 were $45.0 million, a 1.5% increase, or an 8.5% increase on a non-GAAP constant currency basis, compared to the fourth quarter of 2021. Product support revenues for the fourth quarter of 2022 were $66.8 million, a 3.3% decrease, or a 1.0% increase on a non-GAAP constant currency basis, compared to the fourth quarter of 2021. Other services revenues for the fourth quarter of 2022 were $20.7 million, a 1.4% decrease, or a 5.0% increase on a non-GAAP constant currency basis, compared to the fourth quarter of 2021. Gross Profit: Gross profit for the fourth quarter of 2022 was $105.8 million, representing a 79.8% gross margin, compared to a gross profit of $110.5 million, representing a gross margin of 82.2%, for the fourth quarter of 2021. Operating Expenses: Operating expenses for the fourth quarter of 2022 were $299.5 million, a 20.8% increase compared to the fourth quarter of 2021. Operating expenses include impairment losses, net of gains on sale, on MicroStrategy’s digital assets, which were $197.6 million during the fourth quarter of 2022, compared to $146.6 million in the fourth quarter of 2021. Loss from Operations and Net Loss: Loss from operations for the fourth quarter of 2022 was $193.7 million, compared to $137.5 million for the fourth quarter of 2021. Net loss for the fourth quarter of 2022 was $249.7 million, or $21.93 per share on a diluted basis, as compared to $90.0 million, or $8.43 per share on a diluted basis, for the fourth quarter of 2021. Digital asset impairment losses, net of gains on sale, of $197.6 million and $146.6 million for the fourth quarter of 2022 and 2021, respectively, were reflected in these amounts. Cash and Cash Equivalents: As of December 31, 2022, MicroStrategy had cash and cash equivalents of $43.8 million, as compared to $63.4 million as of December 31, 2021, a decrease of $19.5 million. Digital Assets: As of December 31, 2022, the carrying value of MicroStrategy’s digital assets (comprised of approximately 132,500 bitcoins) was $1.840 billion, which reflects cumulative impairment losses of $2.153 billion since acquisition and an average carrying amount per bitcoin of approximately $13,887. As of December 31, 2022, the original cost basis and market value of MicroStrategy’s bitcoin were $3.993 billion and $2.194 billion, respectively, which reflects an average cost per bitcoin of approximately $30,137 and a market price per bitcoin of $16,556.32, respectively. MicroStrategy sold approximately 704 bitcoins for cash proceeds of $11.8 million, net of fees and expenses, resulting in gains on sale of $0.9 million in the fourth quarter of 2022. Additional information on MicroStrategy’s digital asset holdings is included in the “Digital Assets – Additional Information” tables at the end of this press release. Sales Agreement: On September 9, 2022, MicroStrategy entered into a Sales Agreement (the “2022 Sales Agreement”) with Cowen and Company LLC and BTIG, LLC, as agents (collectively, the “2022 Sales Agents”), pursuant to which MicroStrategy may issue and sell shares of its class A common stock having an aggregate offering price of up to $500.0 million from time to time through the 2022 Sales Agents. During the three and twelve months ended December 31, 2022, the Company issued and sold 218,575 shares of its class A common stock under the 2022 Sales Agreement, at an average gross price per share of approximately $213.16, for aggregate net proceeds (less $0.4 million in sales commissions and expenses) of approximately $46.2 million. As of December 31, 2022, approximately $453.4 million of the Company’s class A common stock remained available for issuance and sale pursuant to the 2022 Sales Agreement.

The tables provided at the end of this press release include a reconciliation of the most directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States (“GAAP”) to non-GAAP financial measures for the three and twelve months ended December 31, 2022 and 2021. An explanation of non-GAAP financial measures is also included under the heading “Non-GAAP Financial Measures” below. Additional non-GAAP financial measures are included in MicroStrategy’s “Q4 2022 Earnings Presentation,” which will be available under the “Events and Presentations” section of MicroStrategy’s investor relations website at https://www.microstrategy.com/en/investor-relations .

Non-GAAP Financial Measures

MicroStrategy is providing supplemental financial measures for (i) non-GAAP loss from operations that excludes the impact of share-based compensation expense, (ii) non-GAAP net loss and non-GAAP diluted loss per share that exclude the impacts of share-based compensation expense, interest expense arising from the amortization of debt issuance costs related to MicroStrategy’s long-term debt, and related income tax effects, and (iii) non-GAAP constant currency revenues that exclude foreign currency exchange rate fluctuations. These supplemental financial measures are not measurements of financial performance under GAAP and, as a result, these supplemental financial measures may not be comparable to similarly titled measures of other companies. Management uses these non-GAAP financial measures internally to help understand, manage, and evaluate business performance and to help make operating decisions.

MicroStrategy believes that these non-GAAP financial measures are also useful to investors and analysts in comparing its performance across reporting periods on a consistent basis. The first supplemental financial measure excludes a significant non-cash expense that MicroStrategy believes is not reflective of its general business performance, and for which the accounting requires management judgment and the resulting share-based compensation expense could vary significantly in comparison to other companies. The second set of supplemental financial measures excludes the impacts of (i) share-based compensation expense, (ii) non-cash interest expense arising from the amortization of debt issuance costs related to MicroStrategy’s long-term debt, and (iii) related income tax effects. The third set of supplemental financial measures excludes changes resulting from fluctuations in foreign currency exchange rates so that results may be compared to the same period in the prior year on a non-GAAP constant currency basis. MicroStrategy believes the use of these non-GAAP financial measures can also facilitate comparison of MicroStrategy’s operating results to those of its competitors.

Conference Call

MicroStrategy will be discussing its fourth quarter 2022 financial results on a live Video Webinar today beginning at approximately 5:00 p.m. ET. The live Video Webinar and accompanying presentation materials will be available under the “Events and Presentations” section of MicroStrategy’s investor relations website at https://www.microstrategy.com/en/investor-relations . Log-in instructions will be available after registering for the event. An archived replay of the event will be available beginning approximately two hours after the call concludes.

About MicroStrategy Incorporated

MicroStrategy (Nasdaq: MSTR) is the largest independent publicly-traded analytics and business intelligence company. The MicroStrategy analytics platform is consistently rated as the best in enterprise analytics and is used by many of the world’s most admired brands in the Fortune Global 500. We pursue two corporate strategies: (1) acquire and hold bitcoin, which we view as a dependable store of value supported by a robust, public, open-source architecture untethered to sovereign monetary policy and (2) grow our enterprise analytics software business to promote our vision of Intelligence Everywhere. For more information about MicroStrategy, visit www.microstrategy.com .

MicroStrategy, Intelligent Enterprise, and MicroStrategy Library are either trademarks or registered trademarks of MicroStrategy Incorporated in the United States and certain other countries. Other product and company names mentioned herein may be the trademarks of their respective owners.

This press release may include statements that may constitute “forward-looking statements,” including estimates of future business prospects or financial results and statements containing the words “believe,” “estimate,” “project,” “expect,” “will,” or similar expressions. Forward-looking statements inherently involve risks and uncertainties that could cause actual results of MicroStrategy Incorporated and its subsidiaries (collectively, the “Company”) to differ materially from the forward-looking statements. Factors that could contribute to such differences include: fluctuations in the market price of bitcoin and any associated impairment charges that the Company may incur as a result of a decrease in the market price of bitcoin below the value at which the Company’s bitcoins are carried on its balance sheet; gains or losses on any sales of bitcoins; changes in the accounting treatment relating to the Company’s bitcoin holdings; changes in securities laws or other laws or regulations, or the adoption of new laws or regulations, relating to bitcoin that adversely affect the price of bitcoin or the Company’s ability to transact in or own bitcoin; a decrease in liquidity in the markets in which bitcoin is traded; security breaches, cyberattacks, unauthorized access, loss of private keys, fraud or other circumstances or events that result in the loss of the Company’s bitcoins; impacts to the price and rate of adoption of bitcoin associated with financial difficulties and bankruptcies of various participants in the digital asset industry; the level and terms of the Company’s substantial indebtedness and its ability to service such debt; the extent and timing of market acceptance of the Company’s new product offerings; continued acceptance of the Company’s other products in the marketplace; the Company’s ability to recognize revenue or deferred revenue through delivery of products or satisfactory performance of services; the timing of significant orders; delays in or the inability of the Company to develop or ship new products; customers shifting from a product license model to a cloud subscription model, which may delay the Company’s ability to recognize revenue; fluctuations in tax benefits or provisions; competitive factors; general economic conditions, including high levels of inflation and increased interest rates; currency fluctuations; and other risks detailed in MicroStrategy’s registration statements and periodic reports filed with the Securities and Exchange Commission (“SEC”). The Company undertakes no obligation to update these forward-looking statements for revisions or changes after the date of this release. MICROSTRATEGY INCORPORATED CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except per share data)       Three Months Ended     Twelve Months Ended       December 31,     December 31,       2022     2021     2022     2021*       (unaudited)     (unaudited)     (unaudited)           Revenues                                 Product licenses   $ 27,570     $ 32,543     $ 86,498     $ 101,804   Subscription services     17,470       11,848       60,746       43,069   Total product licenses and subscription services     45,040       44,391       147,244       144,873   Product support     66,839       69,146       266,521       281,209   Other services     20,675       20,978       85,499       84,680   Total revenues     132,554       134,515       499,264       510,762                                     Cost of revenues                                 Product licenses     358       431       1,672       1,721   Subscription services     7,467       5,181       24,770       16,901   Total product licenses and subscription services     7,825       5,612       26,442       18,622   Product support     5,722       4,901       21,264       19,254   Other services     13,176       13,490       55,283       54,033   Total cost of revenues     26,723       24,003       102,989       91,909                                     Gross profit     105,831       110,512       396,275       418,853                                     Operating expenses                                 Sales and marketing     41,371       43,413       146,882       160,141   Research and development     31,617       30,875       127,428       117,117   General and administrative     28,930       27,104       111,421       95,501   Digital asset impairment losses (gains on sale), net     197,630       146,587       1,286,286       830,621   Total operating expenses     299,548       247,979       1,672,017       1,203,380                                     Loss from operations     (193,717 )     (137,467 )     (1,275,742 )     (784,527 ) Interest expense, net     (14,837 )     (11,629 )     (53,136 )     (29,149 ) Other (expense) income, net     (5,829 )     656       6,413       2,287   Loss before income taxes     (214,383 )     (148,440 )     (1,322,465 )     (811,389 ) Provision for (benefit from) income taxes     35,286       (58,463 )     147,332       (275,909 ) Net loss   $ (249,669 )   $ (89,977 )   $ (1,469,797 )   $ (535,480 )                                   Basic loss per share (1):   $ (21.93 )   $ (8.43 )   $ (129.83 )   $ (53.44 ) Weighted average shares outstanding used in computing basic loss per share     11,386       10,679       11,321       10,020                                     Diluted loss per share (1):   $ (21.93 )   $ (8.43 )   $ (129.83 )   $ (53.44 ) Weighted average shares outstanding used in computing diluted loss per share     11,386       10,679       11,321       10,020   (1) Basic and fully diluted loss per share for class A and class B common stock are the same.   * Derived from audited financial statements. MICROSTRATEGY INCORPORATED CONSOLIDATED BALANCE SHEETS (in thousands, except per share data)       December 31,     December 31,       2022     2021*       (unaudited)           Assets                 Current assets                 Cash and cash equivalents   $ 43,835     $ 63,356   Restricted cash     7,033       1,078   Accounts receivable, net     189,280       189,280   Prepaid expenses and other current assets     24,418       14,251   Total current assets     264,566       267,965                     Digital assets     1,840,028       2,850,210   Property and equipment, net     32,311       36,587   Right-of-use assets     61,299       66,760   Deposits and other assets     23,916       15,820   Deferred tax assets, net     188,152       319,782   Total assets   $ 2,410,272     $ 3,557,124                     Liabilities and Stockholders’ (Deficit) Equity                 Current liabilities                 Accounts payable, accrued expenses, and operating lease liabilities   $ 42,976     $ 46,084   Accrued compensation and employee benefits     53,716       54,548   Accrued interest     2,829       1,493   Current portion of long-term debt, net     454       0   Deferred revenue and advance payments     217,428       209,860   Total current liabilities     317,403       311,985                     Long-term debt, net     2,378,560       2,155,151   Deferred revenue and advance payments     12,763       8,089   Operating lease liabilities     67,344       76,608   Other long-term liabilities     17,124       26,224   Deferred tax liabilities     198       109   Total liabilities     2,793,392       2,578,166                     Stockholders’ (Deficit) Equity                 Preferred stock undesignated, $0.001 par value; 5,000 shares authorized; no shares issued or outstanding     0       0   Class A common stock, $0.001 par value; 330,000 shares authorized; 18,269 shares issued and 9,585 shares outstanding, and 18,006 shares issued and 9,322 shares outstanding, respectively     18       18   Class B convertible common stock, $0.001 par value; 165,000 shares authorized; 1,964 shares issued and outstanding, and 1,964 shares issued and outstanding, respectively     2       2   Additional paid-in capital     1,841,120       1,727,143   Treasury stock, at cost; 8,684 shares and 8,684 shares, respectively     (782,104 )     (782,104 ) Accumulated other comprehensive loss     (13,801 )     (7,543 ) (Accumulated deficit) retained earnings     (1,428,355 )     41,442   Total stockholders’ (deficit) equity     (383,120 )     978,958   Total liabilities and stockholders’ (deficit) equity   $ 2,410,272     $ 3,557,124     * Derived from audited financial statements. MICROSTRATEGY INCORPORATED CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (in thousands)       Twelve Months Ended       December 31,       2022     2021*       (unaudited)           Net cash provided by operating activities   $ 3,211     $ 93,833   Net cash used in investing activities     (278,590 )     (2,629,235 ) Net cash provided by financing activities     265,188       2,541,685   Effect of foreign exchange rate changes on cash, cash equivalents, and restricted cash     (3,375 )     (2,608 ) Net (decrease) increase in cash, cash equivalents, and restricted cash     (13,566 )     3,675   Cash, cash equivalents, and restricted cash, beginning of year     64,434       60,759   Cash, cash equivalents, and restricted cash, end of year   $ 50,868     $ 64,434     * Derived from audited financial statements. MICROSTRATEGY INCORPORATED REVENUE AND COST OF REVENUE DETAIL (in thousands)       Three Months Ended     Twelve Months Ended       December 31,     December 31,       2022     2021     2022     2021*       (unaudited)     (unaudited)     (unaudited)           Revenues                                 Product licenses and subscription services:                                 Product licenses   $ 27,570     $ 32,543     $ 86,498     $ 101,804   Subscription services     17,470       11,848       60,746       43,069   Total product licenses and subscription services     45,040       44,391       147,244       144,873   Product support     66,839       69,146       266,521       281,209   Other services:                                 Consulting     19,591       19,661       80,844       79,732   Education     1,084       1,317       4,655       4,948   Total other services     20,675       20,978       85,499       84,680   Total revenues     132,554       134,515       499,264       510,762                                     Cost of revenues                                 Product licenses and subscription services:                                 Product licenses     358       431       1,672       1,721   Subscription services     7,467       5,181       24,770       16,901   Total product licenses and subscription services     7,825       5,612       26,442       18,622   Product support     5,722       4,901       21,264       19,254   Other services:                                 Consulting     12,416       12,258       50,820       48,773   Education     760       1,232       4,463       5,260   Total other services     13,176       13,490       55,283       54,033   Total cost of revenues     26,723       24,003       102,989       91,909                                     Gross profit   $ 105,831     $ 110,512     $ 396,275     $ 418,853     * Derived from audited financial statements. MICROSTRATEGY INCORPORATED DIGITAL ASSETS – ADDITIONAL INFORMATION ROLLFORWARD OF BITCOIN HOLDINGS (unaudited)       Source of Capital Used to Purchase Bitcoin   Digital Asset Original Cost Basis (in thousands)     Digital Asset Impairment Losses (in thousands)     Digital Asset Carrying Value (in thousands)     Approximate Number of Bitcoins Held (Disposed) *     Approximate Average Purchase or Sale Price Per Bitcoin   Balance at December 31, 2020       $ 1,125,000     $ (70,698 )   $ 1,054,302       70,469     $ 15,964   Digital asset purchases   (a)     1,086,375               1,086,375       20,857       52,087   Digital asset impairment losses                 (194,095 )     (194,095 )                 Balance at March 31, 2021       $ 2,211,375     $ (264,793 )   $ 1,946,582       91,326     $ 24,214   Digital asset purchases   (b)     529,231               529,231       13,759       38,464   Digital asset impairment losses                 (424,774 )     (424,774 )                 Balance at June 30, 2021       $ 2,740,606     $ (689,567 )   $ 2,051,039       105,085     $ 26,080   Digital asset purchases   (c)     419,865               419,865       8,957       46,876   Digital asset impairment losses                 (65,165 )     (65,165 )                 Balance at September 30, 2021       $ 3,160,471     $ (754,732 )   $ 2,405,739       114,042     $ 27,713   Digital asset purchases   (d)     591,058               591,058       10,349       57,113   Digital asset impairment losses                 (146,587 )     (146,587 )                 Balance at December 31, 2021       $ 3,751,529     $ (901,319 )   $ 2,850,210       124,391     $ 30,159   Digital asset purchases   (e)     215,500               215,500       4,827       44,645   Digital asset impairment losses                 (170,091 )     (170,091 )                 Balance at March 31, 2022       $ 3,967,029     $ (1,071,410 )   $ 2,895,619       129,218     $ 30,700   Digital asset purchases   (f)     10,000               10,000       481       20,790   Digital asset impairment losses                 (917,838 )     (917,838 )                 Balance at June 30, 2022       $ 3,977,029     $ (1,989,248 )   $ 1,987,781       129,699     $ 30,664   Digital asset purchases   (g)     5,978               5,978       301       19,860   Digital asset impairment losses                 (727 )     (727 )                 Balance at September 30, 2022       $ 3,983,007     $ (1,989,975 )   $ 1,993,032       130,000     $ 30,639   Digital asset purchases   (h)     56,443               56,443       3,204       17,616   Digital asset impairment losses                 (198,557 )     (198,557 )                 Digital asset sales **         (46,260 )     35,370       (10,890 )     (704 )     16,786   Balance at December 31, 2022       $ 3,993,190     $ (2,153,162 )   $ 1,840,028       132,500     $ 30,137   * MicroStrategy owns and has purchased bitcoins both directly and indirectly through its wholly-owned subsidiary, MacroStrategy. References to MicroStrategy below refer to MicroStrategy and its subsidiaries on a consolidated basis. ** In the fourth quarter of 2022, MicroStrategy sold approximately 704 bitcoins having an original cost basis of $46.3 million and cumulative digital asset impairment losses of $35.4 million, resulting in a carrying value of $10.9 million at the time of sale. The approximately 704 bitcoins were sold for cash proceeds of $11.8 million, net of fees and expenses, resulting in gains on sale of $0.9 million.   (a) In the first quarter of 2021, MicroStrategy purchased bitcoin using $1.026 billion in net proceeds from its issuance of its 0% Convertible Senior Notes due 2027 (together with the 0.750% Convertible Senior Notes due 2025, the “Convertible Notes”) and Excess Cash. (b) In the second quarter of 2021, MicroStrategy purchased bitcoin using $487.2 million in net proceeds from its issuance of its 6.125% Senior Secured Notes due 2028 and Excess Cash. (c) In the third quarter of 2021, MicroStrategy purchased bitcoin using $399.5 million in net proceeds from its sale of 555,179 shares of class A common stock offered under an Open Market Sale Agreement (the “Open Market Sale Agreement”) with Jefferies LLC, as agent, and Excess Cash. (d) In the fourth quarter of 2021, MicroStrategy purchased bitcoin using $591.0 million in net proceeds from its sale of 858,588 shares of class A common stock offered under the Open Market Sale Agreement and Excess Cash. (e) In the first quarter of 2022, MicroStrategy purchased bitcoin using $190.5 million of the net proceeds from the issuance of the 2025 Secured Term Loan and Excess Cash. (f) In the second quarter of 2022, MicroStrategy purchased bitcoin using Excess Cash. (g) In the third quarter of 2022, MicroStrategy purchased bitcoin using Excess Cash. (h) In the fourth quarter of 2022, MicroStrategy purchased bitcoin using $44.6 million of the net proceeds from its sale of class A common stock offered under the Sales Agreement and $11.8 million in proceeds from sales of bitcoin.   Excess Cash refers to cash in excess of the minimum Cash Assets that MicroStrategy is required to hold under its Treasury Reserve Policy, which may include cash generated by operating activities and cash from the proceeds of financing activities. Cash Assets refers to cash and cash equivalents and short-term investments. Contacts

MicroStrategy Incorporated Shirish Jajodia Investor Relations ir@microstrategy.com (703) 848-8600 Read full story here

EQM Indexes Launches Direct Indexes on SMArtX UMA Platform



The new direct indexes will provide customizable exposure to targeted investment themes

SAN DIEGO--(BUSINESS WIRE)-- #ETF --EQM Indexes, a creator of innovative investable direct indexes, today announced it added five new direct indexes to the SMArtX Advisory Solutions unified managed accounts (UMA) platform. These indexes leverage EQM Indexes research and expertise to provide targeted, customizable, tax managed exposure to these investment themes and specific market segments.

The new direct indexes available on the platform include: EQM Battery Technology & EV Index EQM-Emerita Blockchain & DeFi Index EQM Commodity Equity Dividend Income EQM Emerging Markets China Lite Index EQM Sun Energy Index

“We are enthusiastic about being able to offer direct index versions of these important investment themes, giving advisors the ability to further customize these solutions with value-based and individual security and sector constraints, and help optimally manage their client’s tax outcomes,” says EQM Indexes CEO, Jane Edmondson.

EQM Indexes’ direct index models provide global exposure using U.S. exchange-traded companies and are thoughtfully weighted and rebalanced to offer targeted, index-based exposure.

“We are excited to expand the selection of investment strategies available to advisors, providing asset managers with a new and diverse way to scale distribution while giving our clients access to a wider array of asset managers,” said Evan Rapoport, CEO of SMArtX Advisory Solutions. “We look forward to working with EQM Indexes to provide our clients with these low-cost, customizable, direct indexing model solutions.”

These direct index models can be accessed on the SMArtX Advisory Solutions platform. For more information on these index solutions, visit www.eqmindexes.com/smartx

EQM Indexes

EQM Indexes LLC is a woman-owned firm dedicated to creating and supporting innovative indexes that track growth industries and emerging investment themes. Co-founded by Jane Edmondson, a former Institutional Portfolio Manager with more than 30 years in the investment industry, our index design expertise spans a wide range of asset classes and financial instruments. We partner with issuers and work jointly with other index firms to provide benchmarks for Exchange Traded Products (ETPs) such as Exchange Traded Funds (ETFs), Exchange Traded Notes (ETNs), and other similar products. EQM Indexes LLC also assists firms on a fee basis to design and implement their index ideas.

SMArtX Advisory Solutions

SMArtX Advisory Solutions is an award-winning unified managed accounts technology provider and manages SMArtX, a turnkey asset management platform (‘TAMP’). SMArtX’s API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com

See Additional Disclosure Contacts

Jane Edmondson jane@eqmindexes.com Founder and CEO EQM Indexes LLC 858-461-8183

Cathedra Bitcoin Announces Leasing of 2.5-MW Bitcoin Mining Facility





TORONTO--(BUSINESS WIRE)-- $CBIT #Bitcoin --(Block Height: 774,581) – Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“ Cathedra ” or the “ Company ”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, is pleased to announce that the Company entered into an agreement to lease a 2.5-megawatt bitcoin mining facility in Washington State on January 29, 2023. Under the lease agreement, which lasts for an initial term of 24 months, the Company will make lease payments of US$108,000 per month, a rate equivalent to US$0.06 per kilowatt hour, including all electricity costs.

Under the lease agreement, the Company also received a right of first opportunity (“ROFO”) to purchase the 2.5-megawatt facility and several adjacent facilities on the same premises, which together total 10 megawatts of bitcoin mining capacity. The ROFO expires upon termination or expiration of the lease agreement.

Additionally, on January 29, 2023, the Company entered into an operating agreement with a third-party service provider under which the service provider will manage the Company’s bitcoin mining machines at the leased facility in exchange for 10% of the gross revenue produced by the Company’s machines at the leased facility. The operating agreement lasts for an initial term of 24 months.

The Company intends to deploy its final batch of 773 Bitmain Antminer S19J Pro machines at the leased facility upon their arrival, expected by March 2023. The lease and operating agreements commence on the later of (a) that date on which the Company’s machines are delivered to the leased facility or (b) February 14, 2023.

The Company intends to further optimize its fleet of bitcoin mining machines across its two leased facilities in Washington State; such optimizations may include moving machines between the two facilities to better utilize available power capacity and “underclocking” certain machines (i.e., reducing power draw) to improve the Company’s operating margins.

Upon deployment of these 773 S19J Pro machines, the Company expects its diversified bitcoin mining operations to realize active hash rate of at least 322 PH/s, an approximately 30% increase from its current active hash rate of 247 PH/s. The Company will announce the effects on hash rate of any further optimizations upon their completion.

The Company continues to evaluate opportunities to deploy its remaining 490 S19J Pro (100 TH/s) and 50 S19 XP (140 TH/s) machines in a capital-efficient manner.

About Cathedra Bitcoin

Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) is a Bitcoin company that develops and operates world-class bitcoin mining infrastructure.

Cathedra believes sound money and abundant energy are the fundamental ingredients to human progress and is committed to advancing both by working closely with the energy sector to secure the Bitcoin network. Today, Cathedra’s diversified bitcoin mining operations total 247 PH/s and span three states and five locations in the United States. The Company is focused on expanding its portfolio of hash rate through a diversified approach to site selection and operations, utilizing multiple energy sources across various jurisdictions.

For more information about Cathedra, visit cathedra.com or follow Company news on Twitter at @CathedraBitcoin or on Telegram at @CathedraBitcoin .

Cautionary Statement

Trading in the securities of the Company should be considered highly speculative. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains certain “forward-looking information” within the meaning of applicable Canadian securities laws that are based on expectations, estimates and projections as at the date of this news release. The information in this release about future plans and objectives of the Company, are forward-looking information. Other forward-looking information includes but is not limited to information concerning: the intentions and future actions of senior management, the intentions, plans and future actions of the Company, as well as the Company’s ability to successfully mine digital currency; revenue increasing as currently anticipated; the ability to profitably liquidate current and future digital currency inventory; volatility of network difficulty and, digital currency prices and the resulting significant negative impact on the Company’s operations; the construction and operation of expanded blockchain infrastructure as currently planned; and the regulatory environment of cryptocurrency in applicable jurisdictions.

Any statements that involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information.

This forward-looking information is based on reasonable assumptions and estimates of management of the Company at the time it was made, and involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. The Company has also assumed that no significant events occur outside of the Company’s normal course of business. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to revise or update any forward-looking information other than as required by law. Contacts

Media and Investor Relations Inquiries

Sean Ty Chief Financial Officer ir@cathedra.com

Airswift Technology and Cloud Payments Partner to Enable Instant Access to Crypto with VISA and MasterCard





VANCOUVER, British Columbia--(BUSINESS WIRE)-- #CryptoPaymentGateway --Airswift Technology Limited, a leading Web3.0 native payment company, and Cloud Payments, a digital payments and banking technology platform provider have joined forces to enable cryptocurrency spenders with instant access to crypto at the points-of-sale using VISA and MasterCard payment methods.

The collaboration will simplify crypto-based purchases by providing crypto on-ramping and NFT purchasing using VISA and MasterCard with optimized exchange rates. This offers crypto spenders increased convenience when shopping for retail goods and digital assets.

“Millions of Web2.0 consumers are ready to onboard to Web3.0, but are not familiar with existing Decentralized Finance (DeFi) on-ramps,” said Dr. Yan Zhang, co-founder and CEO of Airswift. “So we’ve worked together to integrate Cloud Payments' simple, credit-card based crypto purchasing tools into our easy-to-use crypto payment platform. This feature lets you seamlessly on-ramp to and spend crypto right at the checkout without ever leaving Airswift’s platform, thereby reducing friction for newcomers to the market.”

“Our patented technology platform enables Web2.0 consumers and merchants to easily transition into emerging Web3.0 payment and commerce methods as that segment of our industry continues to rapidly grow. Our partnership with Airswift will create a best-in-class crypto payment experience,” said Mike Love, co-founder and CEO of Cloud Payments.

The on-ramp service will be rolled out first in North America and Europe.

About Airswift Airswift is a financial technology company pioneering crypto payment solutions for businesses and consumers around the globe. It provides a decentralized payment protocol, an on-chain trade financing platform and on/off ramp services that connect businesses with consumers. Airswift is widely recognized as a leader in blockchain technology, with extensive operational experience in global digital payments and enterprise Web 3.0 financial infrastructure. Headquartered in Vancouver Canada, Airswift was established in 2022 with backing from leading industry investors.

About Cloud Payments Cloud Payments, a wholly owned subsidiary of mobile wallet unicorn Fintiv Inc, is a global leader in digital payment and embedded finance ecosystems. It deploys patented, industry-leading technology to optimize consumer and merchant payments simultaneously enabling clients to transition from legacy payment systems into the Digital Economy. Established in 2019, Cloud Payments is based in Austin, Texas serving a blue chip client base with safe and secure Web2.0 and Web3.0 solutions.

For more information, visit airswift.io or Cloud Payments.com . Contacts

Annie Lin PR@airswift.io +1-604-337-8738

Aurox Launches Crowdfunding Campaign on tZERO Markets Platform



tZERO offers a range of primary capital raising services, including equipping early-stage private companies to turn their communities into owners

SALT LAKE CITY--(BUSINESS WIRE)-- tZERO , a financial technology company providing transformative market-based solutions for companies, entrepreneurs, and retail & institutional investors, announced today the launch of Aurox's crowdfunding campaign on the tZERO Markets platform. Aurox, a cryptocurrency DeFi-focused software development company, is seeking to raise capital from the public to continue product development and expansion.

This campaign, which is conducted under the Regulation Crowdfunding (CF) promulgated by the Securities and Exchange Commission (SEC), will allow qualified retail investors to purchase shares of Aurox. This is a major step in the democratization of capital raising in pre-IPO companies, using a transparent and self-directed platform operated by an SEC and FINRA regulated broker-dealer.

“ We are thrilled to be working with Aurox on their crowdfunding campaign,” said tZERO CEO, David Goone. " With tZERO Markets platform, we are providing a fully regulated environment for investors to access and invest in innovative companies like Aurox. Our goal is to democratize access to capital and make it easier for companies to raise funds while providing investors with access to a diverse range of investment opportunities in a compliant environment."

Investors can now participate in Aurox's crowdfunding campaign on the tZERO Markets platform: https://www.tzero.com/issuance/asset/42294 .

Aurox CEO, Giorgi Khazaradze, added, “ We are delighted to be working with tZERO on our crowdfunding campaign. This is a great opportunity for us to raise capital from our community and the broader public on a leading fully regulated platform. We are confident that the tZERO Markets platform will provide us with the exposure and reach we need to attract a diverse investors to support our business growth.”

About tZERO

tZERO Group, Inc. (tZERO) and its broker-dealer subsidiaries provide an innovative liquidity platform for private companies and assets. We offer institutional-grade solutions for issuers looking to digitize their capital table through blockchain technology, and trade on a regulated alternative trading system. tZERO, through its broker-dealer subsidiaries, democratizes access to private assets by providing a simple, automated, and efficient trading venue to broker-dealers, institutions, and investors. For more information on tZERO, please visit https://www.tzero.com/ .

About tZERO Markets

tZERO Markets, LLC is a broker-dealer registered with the SEC and a member of FINRA and SIPC . More information about tZERO Markets may be found at https://brokercheck.finra.org/ .

About Aurox

Aurox is a leading crypto software ecosystem - offering traders, investors and institutions a suite of tools that make DeFi easy. Today, an estimated 70,000 crypto traders trust Aurox. Co-founded by crypto traders Giorgi Khazaradze, Ziga Naglic, and Taraz Andreyevich in 2020, Aurox launched its free trading terminal, an all-in-one platform that integrates 50+ exchanges, 100,000 pairs, advanced market trend indicators and real-time data that help crypto traders make better decisions. The company released its web3 wallet in 2022, offering users industry-leading security, a simplified user experience and a first-of-its-kind rewards and loyalty program. For more info, visit: https://getaurox.com/ .

Investor Notice

Investors should note that trading securities could involve substantial risks, including no guarantee of returns, costs associated with selling and purchasing, no assurance of liquidity, which could impact the price and ability to sell, and possible loss of principal invested. Further, an investment in single security could mean lack of diversification and, consequently, higher risk.

No Offer, Solicitation, Investment Advice or Recommendations

This release is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by tZERO or any of its affiliates, subsidiaries, officers, directors or employees. No reference to any specific security constitutes a recommendation to buy, sell, or hold that security or any other security. Nothing in this release shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction. Nothing contained in this release constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed in this release should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this release, we have not taken into account the investment needs, objectives, and financial circumstances of any particular investor. This information has no regard to the specific investment objectives, financial situation, and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors. Any views expressed in this release by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change. All information is subject to possible corrections. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.

Forward-Looking Statements

This release contains forward-looking statements. In addition, from time to time, tZERO, its subsidiaries, or its representatives may make forward-looking statements orally or in writing. These forward-looking statements are based on expectations and projections about future events, which is derived from currently available information. Such forward-looking statements relate to future events or future performance, including financial performance and projections; growth in revenue and earnings; and business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including, without limitation: the ability of tZERO and its subsidiaries to change the direction; tZERO’s ability to keep pace with new technology and changing market needs; performance of individual transactions; regulatory developments and matters; and competition. These and other factors may cause actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or their respective representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions. tZERO, its subsidiaries, and its representatives are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this release and other statements made from time to time by tZERO, its subsidiaries or its representatives might not occur.

Additional Crowdfunded Offerings Matters

Crowdfunded securities are generally offered by early-stage companies and investors should be prepared to lose some or all of their investment. Investors should read all of the risks and disclosures prior to making any investment decisions.

Securities are offered through tZERO Markets, LLC, an SEC-registered broker-dealer and member of FINRA and SIPC. Neither tZERO Markets, LLC, nor any of its affiliates provide any investment advice or make any investment recommendations to any persons, ever, and no communication through herein or in any other medium should be construed as such. Investments in early-stage companies are speculative, involve a high degree of risk, are generally illiquid, and can be different from traditional markets. You should be prepared to lose some or all of your investment. Crowdfunding may not be appropriate for every investor. Any discussion of liquidity is purely speculative. Offers to sell, or the solicitations of offers to buy any security can only be made through official offering documents that contain important information about risks, fees and expenses. Investors should conduct their own due diligence, and are encouraged to consult with a financial professional. Past performance is not indicative of future results. There is no guarantee that a diversified portfolio will enhance overall returns, outperform a non-diversified portfolio, or prevent against loss. Contacts

tZERO Anastasiia Litvinova pr@tzero.com

Upshot to Provide Users with Real-Time Collection and Market Movement Updates with Upshot Alerts



New feature allows users to track smart money movements and floor price changes across collections

NEW YORK--(BUSINESS WIRE)-- Upshot , a blockchain-based protocol providing unique NFT financialization opportunities for traditionally illiquid assets, has today announced Upshot Alerts. Upshot Alerts are designed to provide real-time updates on a number of triggers, including floor price movements and investments from smart money in the NFT market. These alerts will provide further education and insights for both novice and veteran investors as Upshot continues to build on the leading platform for NFT analytics and financialization.

Particularly within a bear market, these alerts are critical to building informed trading strategies and following market movers in the NFT space. Utilizing Upshot’s novel wallet grading index (gmi), users on the platform can identify these prominent wallets by their gmi and build their own trading strategies using the Upshot API to track and execute trades when an alert is triggered.

“Investors within the NFT market, including myself, have been looking for a tool like this for years. I remember when a text from a friend was the only way we’d know about a major investment or floor pricing shift in a collection,” said Upshot Co- Founder and CEO Nick Emmons. “We developed Upshot Alerts to fix this problem and provide NFT investors with personalized, real-time updates to inform their investment strategies and build algorithms of their own to maximize ROI.”

As Upshot continues to drive innovation within the NFT market and build the foundation for NFT x DeFi primitives, products like Upshot Alerts and gmi will provide deeper insights and financialization opportunities for the traditionally illiquid assets. With the release of Upshot Alerts, Upshot now has the synergies and products in place to unveil their own primitives – starting with NFT Lending.

For more information about Upshot and its platform, please visit https://upshot.xyz/ .

About Upshot

Upshot is a blockchain-based protocol providing industry-leading non-fungible token (NFT) appraisals. By delivering accurate and trusted expert appraisals, Upshot enables the creation of solutions at the intersection of decentralized finance (DeFi) and NFTs - for the industry and themselves. Upshot Analytics is currently available in private Beta and will open to the general public soon. The Upshot API is currently available and being used by teams to inform their projects. You can learn more about Upshot, its capabilities and sign up for the Beta at https://app.upshot.xyz/ . Contacts

Nick Emmons nick@upshot.xyz

Mastercard Launches She Runs This Program Celebrating Entrepreneurship for Black Women in Business and Hip-Hop During GRAMMY® Week



Lil Kim, Salt-N-Pepa and Coi Leray join others in a three-part, celeb-studded panel discussion series in partnership with Femme It Forward, honoring Hip-Hop’s 50 th anniversary and celebrating Black Women entrepreneurship

PURCHASE, N.Y.--(BUSINESS WIRE)--Today, Mastercard announced it will host She Runs This: Celebrating Entrepreneurship in Business and Hip-Hop , a three-day event in partnership with Femme It Forward , honoring the genre’s 50 th anniversary as part of the brand’s programming during GRAMMY ® Week. A holistic campaign inclusive of an immersive “Small Business City” in Meta Horizon Worlds, a TikTok challenge, the kickoff of a Fearless Fund grant contest and a national ad campaign will further the brand’s impact on helping Black women entrepreneurs thrive.

According to recent Mastercard research, 80% of U.S. women entrepreneurs, solo-preneurs, small business owners and content Creators report having financial challenges*. Recognizing the universal obstacles entrepreneurs face, and the increased challenge of succeeding in the face of racism and bias, Mastercard is honoring Hip-Hop’s 50 th Anniversary by helping equip Black women entrepreneurs with the financial tools, resources and education needed to successfully accomplish their dreams.

“Like the musical talent who shaped Hip-Hop, Black women small business owners continue to embrace the power of perseverance, going above and beyond to achieve their dreams and empower their communities, despite facing deep-rooted inequalities,” said Rustom Dastoor, EVP of Marketing and Communications, Mastercard North America. “We are proud to support these fearless Black women artists and business owners in their pursuit of redefining what’s possible, and we’re excited to watch them take their stage, follow their passions and thrive.”

In celebration of the GRAMMY Awards ® and the 50 th Anniversary of Hip-Hop, Mastercard is launching a variety of Priceless engagements and shoppable activations to support Black women small business owners (SBOs), empower their communities, and inspire consumers to shop and support their businesses. She Runs This: Celebrating Entrepreneurship in Business and Hip-Hop : Beginning Thursday, February 2 and running through Saturday, February 4, Black women owned small businesses in Los Angeles will host invited guests for dynamic discussions about entrepreneurship for women in business and hip-hop with music icons such as MC Lyte, Lil Kim, Salt-N-Pepa, and Yo-Yo as well as emerging artists such as Jozzy, Baby Tate, and Coi Leray; and a special appearance by Mastercard ambassador Jennifer Hudson. “Small Business City:” Mastercard’s virtual reality experience in Meta Horizon Worlds will spotlight Black women SBOs to inspire and educate a future generation, providing networking opportunities and tools for success. Mastercard Striver and co-creator of Small Business City RhondaX will discuss her thriving career as a creator in the Web3 space on The Jennifer Hudson Show. TikTok Challenge: A TikTok challenge, kicked off by Jennifer Hudson will invite SBOs to share what makes them a small business superstar with a “drop the mic” moment. SBOs will be able to stitch their responses and pass the mic to the next participant, with Mastercard’s sonic melody as the backing track. Small Business Marketplaces: Mastercard has collaborated with Amazon to promote Black women owned small businesses, setting the stage for the SBOs to share the origin stories of their brands on Amazon Live where they can connect directly with customers via an interactive live chat. Consumers can also discover a reimagined shoppable social experience of products from exclusively Black women-owned small businesses from across the country directly on Pinterest . Fearless Strivers Grant Contest : Mastercard has once again extended its partnership with Fearless Fund , a with the Black women-owned venture capital fund built by women of color for women of color, to provide Black women SBOs across the country with $20,000 grants, digital tools and mentorship to help them build, protect and sustain their business through its third annual Fearless Strivers Grant Contest .

This program is just one element of Mastercard’s growing music footprint. In January, in support of helping all creators reach their full potential, Mastercard announced the Mastercard Artist Accelerator Program , a Web3 collective that connects musicians, creators and fans to collaborate like never before. The development program will harness Web3 and blockchain technologies to prepare emerging artists from underrepresented communities with tools, skills and access to forge their own paths in the digital economy.

Through mastercard.com/smallbiz visitors can learn about the financial tools, benefits and education that helps small businesses thrive and Start Something Priceless. People can also learn more about Mastercard’s $500 million investment in Black communities to help close the racial wealth and opportunity gap in the US by visiting Solidarity in Action .

*According to Mastercard research, “creators” are defined as entrepreneurs, solo-preneurs, small business owners and content Creators with over 2,000 followers on Instagram, TikTok, LinkedIn, or Twitter or 500 followers on YouTube. The custom study was conducted by The Harris Poll in June 2022, fielded among 4,000 respondents in North America.

ABOUT MASTERCARD (NYSE: MA)

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

www.mastercard.com

ABOUT FEMME IT FORWARD

A joint venture with Live Nation Entertainment, Femme It Forward is a female-led music and entertainment company that centers its mission in celebrating, educating, and empowering the industry’s most creative and accomplished female visionaries through multi-format, multi-market consumer experiences. Femme It Forward produces music festivals, concerts, original content, comedy shows, panels, college engagements, philanthropic endeavors, and more. For more information on Femme It Forward, visit FemmeItForward.com. For live updates and to join the conversation, follow #FemmeItForward on Twitter, Instagram and Facebook. Contacts

Mastercard Media:

Alyssa Rosenblatt Alyssa.Rosenblatt@mastercard.com

Margaret Williams Margaret.Williams@mastercard.com

Femme It Forward Media:

galia.slayen@ledecompany.com

SaaS Data Protection Leader Keepit Launches Cutting-Edge Solution: Keepit for Power BI



New Solution Offers Unmatched Backup and Recovery for Power BI Users

COPENHAGEN, Denmark--(BUSINESS WIRE)-- #Canada -- Keepit , the market leader in cloud data protection and management, today announced the launch of its backup and recovery solution for Power BI, Microsoft’s business intelligence solution platform for aggregating, analyzing, visualizing, and sharing data. With the release of Keepit for Power BI, Keepit is extending its lead as the premier data protection service for Microsoft’s cloud solutions. Power BI is the first of the Microsoft Power Platform services to be added to Keepit’s solutions, with support for Power Apps and Power Automate planned for later in 2023.

Keepit is the only Software-as-a-Service (SaaS) data protection specialist that fully covers Power BI. Because Microsoft doesn’t provide native backup options for reports, dashboards, workspaces, and datasets in Power BI, businesses that rely on Power BI in their decision-making risk losing data if something goes wrong – such as accidental deletions, alterations, malicious deletion, file corruption or ransomware attacks – including losing data and metadata required for compliance reasons and to maintain business continuity.

Keepit’s protection for Power BI is secure and simple, and recovery of data is swift. With ultra-fast smart search and restore features, Keepit’s Power BI customers can restore multiple terabytes per day and get Power BI data back into its original location, along with original metadata and relationships. Restore capabilities include: In-place restore: Get data back to where it originally resided Download: Download individual data objects or complete folders Shareable Links: Provide users with a secure link to their data.

“Microsoft is currently investing heavily in the Power Platform, and Power BI is a major part of that platform,” said Paul Robichaux, Keepit’s Senior Director of Product Management and Microsoft MVP. “Power BI is a market leader in the business intelligence space, and the business intelligence space is growing exponentially. With Keepit for Power BI, organizations can protect the data they use to drive their business decisions against data loss and downtime. Keepit is thrilled to add this product to our market-leading range of Microsoft cloud data protection solutions.”

To try Keepit for Power BI for free, visit the Keepit website .

About Keepit

Keepit is a Software-as-a-Service company that provides dedicated data protection for companies with data stored in the cloud. Keepit is the world’s only vendor-neutral and independent cloud dedicated to SaaS data protection. Headquartered in Copenhagen with offices and data centers globally, Keepit is trusted by thousands of companies worldwide to protect and manage their cloud data. For more information, visit www.keepit.com or follow Keepit | LinkedIn . Contacts

Media Contact: RedIron PR for Keepit Kari Ritacco kari@redironpr.com

Umee Launches “Historacle” – Industry's First Price Manipulation Prevention Tool



After Nearly Half a Billion Dollars was Stolen from 2021-2022, Umee’s Historacle Prevents Manipulation Targeted at Small Cap Tokens

NEW YORK--(BUSINESS WIRE)-- Umee , a Cosmos blockchain built for seamless cross-chain borrowing and lending of digital assets, today announced the launch of the Historacle – the industry’s first price calculation method to generate true and manipulation-proof on-chain prices. Created as a solution to the numerous price attacks on lending protocols, the Historacle is the first ever Smart Oracle solution that brings business logic into on chain price feeds to prevent manipulation targeted specifically at small cap tokens.

The need for this price calculation method has never been more necessary. Over $350 million was exploited through price manipulation in 2021, according to the most recent data, and high profile attacks have continued through 2022. Many small cap tokens were impacted – Inverse Finance fell victim to a hack and saw a $15.6 million loss in April, while GMX lost over $565,000 in September. Protocols such as Fortress, Mango Markets and Moola Market suffered $3 million, $115 million and $8.4 million losses, respectively.

In providing the industry with better risk management and analysis tools, Umee aims to use the Historacle towards protecting small cap tokens from price manipulation and preventing losses due to oracle attacks. The Historacle calculates prices by taking stamps of the time and volume weighted average prices (TVWAP) from multiple periods of time and price sources, and creating a database of that price information while storing it on-chain. Concurrently, the Historacle uses customized algorithms based on asset specific use cases and their risk profiles to manage prices used for borrowing, lending, collateralization, and liquidation. This product allows protocols to decide whether price action is accurate and it prevents both upward and downward price manipulation conducted through any selected trading venues. It ensures that Umee users experience the best safety measures to conduct lending and borrowing on the Umee blockchain. In the near future, the Historacle will be enabled on the Ojo blockchain to serve as a new data feed product for the overall Cosmos DeFi ecosystem.

“By launching and adopting the Historacle, Umee is now able to list a wider range of tokens for lending and borrowing, while still ensuring the highest safety standards,” said Brent Xu, Founder and CEO of Umee. “Over the last year, we have witnessed too much exploitation in this space. At Umee, we were determined to develop a solution that wouldn’t just benefit us, but the larger industry as a whole.”

To begin lending and borrowing with Umee, visit app.umee.cc .

About Umee:

Umee is a Cosmos-based decentralized lending hub supporting a suite of composable debt primitives that will enable the next generation of global debt markets connecting borrowers and lenders across all crypto ecosystems. To learn more, visit umee.cc . Contacts

Media: Holly Dugan, umee@wachsman.com

braands.io bridging the gap between Internet Domains and Utility NFTs





GURUGRAM, India--(BUSINESS WIRE)-- #Binance --The competitive landscape for internet domains and NFT domains is diverse, with a mix of traditional domain registration providers, NFTs are unique digital assets that are often used to represent ownership of items such as artwork, collectibles, and even virtual real estate, but people have failed to truly create value with the technology and its potential.

braands.io is here to save the day! By giving you access to the world's first blockchain-based Brand Asset Marketplace, you can finally unlock the potential of owning a piece of the internet domain.

braands.io, a marketplace that allows individuals and businesses to invest in and own any fraction of a brand asset, such as internet domains, and to create logos for these assets as NFT.

The marketplace allows users to buy and sell fractional NFTs or entire NFT ownership stakes in auctions which means multiple entities can have a stake in a single Internet domain, creating new opportunities for profitable domaining and fractional ownership. If an individual owns 50% or more of a domain, they have the authority to modify DNS Records, including A, NS, and MX Records, for the purpose of redirecting, creating subdomains, and setting up email addresses. Braands exclusive internet domains can now be obtained through platforms such as OpenSea, Rarible, and Binance.

It is a revolutionary Brand Asset Ecosystem that allows users to purchase and own internet domains as digital assets using non-fungible tokens (NFTs). This means that when you purchase a domain from braands, you are actually minting an NFT that gives you full ownership rights over the domain and all its associated content. The purchasing & management of domains on braands follows the policies & guidelines set by ICANN.

“Domain name systems play a crucial role in digital businesses by making the process of purchasing domain names transparent, accessible, and profitable for resellers, and brokers. Bringing the possibilities of Internet Domain as NFT to the general public, we make it possible for anyone to buy and own generic Internet Domain into many fractions, put them on auction, and trade them for a profit. This way, other users can also own a fraction of the premium Internet domain, which are expensive to buy for any single user, since it allows fractional ownership,” said, Arjun Mishra, CEO braands.io. Contacts

Shadab Mohammad +91 93558 12559

Major Update: B2Broker Adds Match-Trader White Label





DUBAI, United Arab Emirates--(BUSINESS WIRE)-- #B2BX --After integrating cTrader in 2022, B2Broker has continued to expand, with the integration of Match-Trader being the most recent. By adding Match-Trader , B2Broker, a worldwide provider of liquidity and technology for the FX and cryptocurrency markets, has announced the extension of its white label liquidity service. Thanks to this new integration, clients will have access to a full white label solution, highly competitive commercials, and a ready-made B2Core integration. This integration is a prime example of B2Broker's dedication to providing its clients with a complete and flexible service.

Match-Trader While Label Solution

To give brokers and their clients a complete Match-Trader experience, B2Broker has created a white label solution. The new service streamlines all necessary technologies into a single bundle to significantly reduce costs for brokers. The product includes: B2BinPay (a platform for processing cryptocurrency payments) B2Core (a CRM system) Access to B2Broker's Prime of Prime liquidity pool.

With all of these capabilities, the new Match Trader white label offering will surely be a hit in the brokerage sector.

The Match-Trader white label makes online trading easy with its wide range of features and services. This comprises round-the-clock server support and technical assistance, devoted account managers, and our knowledge to guide you through the brokerage environment. To make sure that your staff is completely up to speed with the new technology, training sessions are also offered as part of the white label package.

For companies wishing to take advantage of reduced trading fees and advantageous volume charges, the Match-Trader white label is the ideal option. Additionally, there are no setup fees, and the platform configuration is free. Customers simply need to deposit a minimum liquidity fee for three months as an initial investment. These clients receive a grace period of one full calendar month plus any leftover days since the terms of monthly minimum liquidity and connection were created, which makes it even more appealing.

Match-Trader x B2Core integration

B2Broker also empowers brokers with its Match-Trader and B2Core integration, allowing them to provide a seamless experience for their customers. Through the integrated trader's room, traders can easily open and manage accounts in real-time and connect directly to the platform. This new solution gives brokers access to a high-quality trading environment that rivals other popular platforms.

Creating a margin trading account with Match-Trader and B2Core became even easier. Start by creating a user account to link all your trading accounts. Once that's done, you can easily link your margin trading account with Match-Trader and start immediately. Trading with leverage has never been more accessible.

The B2Core team has added a new Match-Trader section to their Platforms tab, providing users with a range of features and capabilities. With the ability to create both demo and live accounts, users can test out different trading strategies in real-time. Furthermore, deposits, withdrawals, transfers, and internal transfers are all available within the platform. The dedicated Match-Trader terminal can be downloaded directly from the platform to make things even better. This is sure to open up a world of exciting opportunities for traders.

Verdict

The financial world is buzzing with excitement as the integration of B2Broker and Match-Trader brings a new level of robustness to brokers' online trading experience. Boasting user-friendly tools and features, this suite of technologies provides businesses access to advanced operations that keep them competitive in the market.

Furthermore, the upcoming integration of Match-Trader and IB programming will bring even more possibilities. This integration promises to provide users with an invaluable platform that caters to all types of businesses regardless of size or complexity.

Brokers will soon be able to offer a single platform with integrated Match-Trader and B2Core mobile , too, giving customers access to an array of features and capabilities. So don't miss out on this exciting product – keep an eye out for it in the near future! Contacts

mail@b2broker.net +44 208 068 8636

Strike Expands “Send Globally” to the Philippines, Bringing Lightning-Fast Money Transfers from the U.S. to One of the World’s Largest Remittance Markets





CHICAGO--(BUSINESS WIRE)--Strike, the world’s leading digital payments platform built on Bitcoin’s Lightning Network, today announced the expansion of its “Send Globally” product to the Philippines. Send Globally now enables fast, secure, and low-cost money transfers between the U.S. and the Philippines, revolutionizing traditional cross-border payment services.

The Philippines is one of the world’s largest remittance markets and its people and economy rely on more than $35 billion annually in money sent from abroad, including more than $12 billion from the U.S. alone. Strike has partnered with Pouch.ph in the Philippines, enabling transfers from U.S. dollars that are received as Philippine pesos in a recipient's bank or mobile money account in the Philippines.

“Remittances are a broken system and Strike delivers an incredibly empowering experience for people to send money around the world in nearly an instant,” said Jack Mallers, Founder and CEO of Strike. “We’re excited to partner with Pouch.ph to advance financial inclusion and bring fast, low-cost cross-border payments via the Lightning Network to the Philippines. Our technology allows us to both improve on the existing cross-border experience and include those that have previously been excluded by legacy payment rails.”

Strike uses the Lightning Network to make digital payments faster, cheaper, and more accessible for people globally, particularly in countries with a high number of unbanked individuals. With Send Globally, dollars are converted into bitcoin, which is sent via the Lightning Network to a third-party partner operating in the recipient’s country. That partner converts the bitcoin into local currency, which is sent directly to the recipient’s bank or mobile money account. This way, neither the sender nor the recipient has to worry about bitcoin’s tax treatment, dollar volatility, or custody implications.

"The U.S. to Philippines remittance market is one of the largest in the world, and until now, most Filipino-Americans have been limited to outdated options,” said Ethan Rose, Founder and CEO of Pouch.ph. “However, with the integration of Pouch.ph and Strike, we’re revolutionizing the way cross-border payments are made, empowering people to easily send money to their loved ones back home. We’re proud to be a part of building the world's most powerful payment network for global transactions."

Strike launched Send Globally in December 2022 starting with transfers from the U.S. to Nigeria, Kenya, and Ghana. The user experience and ability to bridge communities in the U.S. and Africa in partnership with Bitnob have been transformational and the opportunities for Strike in these and other markets are developing fast.

As of today, Send Globally is available for millions of people sending money to the Philippines and for use by tourists and businesses. Strike will continue to expand into more markets and leverage integrations with local partners to provide better payments services to communities across the globe.

About Strike

Strike enables cheaper, faster, global, cash-final payments for both businesses and consumers. Strike is built on top of the Bitcoin network – the largest global, interoperable, and open payments standard. Strike believes that open payment networks enable universal participation in the financial system, with truly borderless money transfers, cheaper payment processing, and new payment experiences previously impossible with legacy technology. Contacts

Lavinia Chirico press@strike.me

Gen Z Would Rather Talk About Anything But Their Finances



New survey from Intuit reveals Gen Z finds politics and sex easier to talk about than finances, and how the “soft life” TikTok trend is shaping the way they save … or don’t save

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Generation Z, the first generation of digital natives who are more than twice as likely* to compare themselves to others on social media, feel like they are falling behind their peers financially, according to a new survey by Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks , and Mailchimp .

Just as heavily doctored images of beauty on Instagram contribute to insecurities, “filtered finances” are having a massive impact on 18 to 25-year-olds. Increasingly, honest conversations around formerly taboo subjects are the norm. But new data shows that Gen Z would rather talk about politics, parenting struggles, sex, and infertility than debt, their salaries, and bad investments. In fact, despite their modern lives, they are part of the 50% of Americans who would rather talk to their children about sex than speak to them about their own finances.

Survey data also identified a new trend: “soft saving”—the financial spinoff of the boundary-setting “soft life” trend focused on comfort and minimizing stress. Currently taking over TikTok feeds, this philosophy extends to money. A stark departure from the FIRE (Financial Independence, Retire Early) movement, hustle culture, and the Girlboss ethos dominating the past decade, Gen Z is embracing “soft saving.” Nearly 3 in 4 Gen Zers say they would rather have a better quality of life than extra money in the bank. In fact, experiences matter more than money to Gen Z, as 66% say they are only interested in finances as a means to support their current interests.

Gen Z has more access to financial information than any other generation, but this doesn’t always translate into decision-making. From financial tips on TikTok to Reddit forums on investing, the survey illustrates that Gen Z is frequently paralyzed by conflicting advice and could benefit from new ways to save: Two-thirds say they know how to make a budget and track their income, but haven’t done it (66%). Two-thirds know it’s important to invest, but they don’t know how (64%). 63% say they have financial knowledge, but are unsure how to use it. Nearly half bought cryptocurrency even though they don’t fully understand blockchain (48%). Two-thirds say they’re not sure they’ll ever have enough money to retire (66%).

“The economic shocks of the last few years have transformed how Gen Z views success, and this survey revealed that prosperity means something different to everyone, particularly Zoomers,” said ​Brittney Castro, Intuit consumer financial advocate. “At Intuit, we believe that everyone should have the ability to prosper—however they define that for themselves. Intuit is delivering innovative and personalized financial solutions through TurboTax, Credit Karma, QuickBooks and Mailchimp that our customers need to make more money, save time, and build confidence.”

Additional survey findings include: Quality of life is being held hostage by poor finances, especially for Gen Z Americans, the generation that values quality of life the most. 67% of Gen Z feel like they will never have the things they want in life because of their financial situation. 57% of Americans feel anxious going with friends to restaurants and bars they know they can’t afford (70% for Gen Z). 54% of Americans say giving a gift for a special occasion would put a strain on their monthly finances (66% for Gen Z). Nearly half of Americans (48%) say they’ve spent less time with friends or family due to financial constraints (61% for Gen Z).

Full survey results can be viewed ​​ here . For more information on Intuit and how the company is ​helping its customers make more money, save time, and build confidence when it comes to their personal or business finances​​, visit www.intuit.com .

*Statistics from 2022 Intuit survey of 2,000 US consumers ages 18+. Gen Z is more than twice as likely to compare themselves to others on social media (32% vs. 14% US general population).

Survey methodology

The Intuit Prosperity Index Survey was conducted Dec. 2-9, 2022, via a 15-minute online questionnaire. Intuit surveyed 2,000 Americans ages 18+, plus an additional oversample of Gen Z (ages 18-25) to discover current attitudes around money and personal finance.

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social . Contacts

Intuit Karen Nolan karen_nolan@intuit.com

Gen Z Would Rather Talk about Anything But Their Finances



New survey from Intuit reveals Gen Z finds politics and sex easier to talk about than finances, and how a TikTok trend is shaping the way they save…or don’t save

TORONTO--(BUSINESS WIRE)--Generation Z, the first generation of digital natives who are more than twice as likely* to compare themselves to others on social media, feel like they are falling behind their peers financially, according to a new survey by Intuit (Nasdaq: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks and Mailchimp .

Just as heavily doctored images of beauty on Instagram contribute to insecurities, ‘filtered finances’ are having a massive impact on 18 to 25-year-olds. Increasingly, honest conversations around formerly taboo subjects are the norm. But new data shows that Gen Z’ers would rather talk about politics, parenting struggles, sex and infertility than debt, their salaries and bad investments. In fact, despite their modern lives, they are part of the 55% of Canadians who would rather talk to their children about sex than speak to them about their own finances.

Survey data also identified a new trend: “soft saving” —the financial spinoff of the boundary-setting ‘soft life’ trend focused on comfort and minimizing stress. Currently taking over TikTok feeds, this philosophy extends to money. A stark departure from the F.I.R.E. (Financial Independence, Retire Early) movement, hustle culture and the Girlboss ethos dominating the past decade, Gen Z is embracing “soft saving.” Three in four Gen Z’ers say they would rather have a better quality of life than extra money in the bank. In fact, experiences matter more than money to Gen Z, as 68% say they are only interested in finances as a means to support their current interests.

Gen Z has more access to financial information than any other generation, but this doesn’t always translate into decision-making. From financial tips on TikTok to Reddit forums on investing, the survey illustrates that Gen Z is frequently paralyzed by conflicting advice and could benefit from new ways to save: Nearly three in four say they know how to make a budget and track their income, but haven’t done it (74%). Nearly three in four know it’s important to invest, but they don’t know how (73%). 65% say they have financial knowledge, but are unsure how to use it. Nearly half bought cryptocurrency even though they don’t fully understand blockchain (49%). Two-thirds say they’re not sure they’ll ever have enough money to retire (64%).

“The economic shocks of the last few years have transformed how Gen Z views success, and this survey revealed that prosperity means something different to everyone, particularly Zoomers,” said ​Brittney Castro, Intuit consumer financial advocate. “At Intuit, we believe that everyone should have the ability to prosper—however they define that for themselves. Intuit is delivering innovative and personalized financial solutions through TurboTax, Credit Karma, QuickBooks and Mailchimp that our customers need to make more money, save time, and build confidence.”

Additional Canadian survey findings include: Quality of life is being held hostage by poor finances, especially for Gen Z, the generation that values quality of life the most. 62% of Gen Z feel like they will never have the things they want in life because of their financial situation. 59% of Canadians feel anxious going with friends to restaurants and bars they know they can’t afford (70% for Gen Z). 53% of Canadians say giving a gift for a special occasion would put a strain on their monthly finances (67% for Gen Z). Nearly half of Canadians (45%) say they have spent less time with friends or family due to financial constraints (56% for Gen Z).

For more information on Intuit and how the company is ​helping its customers make more money, save time, and build confidence when it comes to their personal or business finances​​, visit www.intuit.com/ca .

*Statistics from 2022 Intuit survey of 1,500 Canadian consumers ages 18+. Gen Z is three times as likely to compare themselves to others on social media (30% vs. 10% Canadian general population).

Survey Methodology

The Intuit Prosperity Index Survey was conducted Dec. 2‑Dec. 9, 2022, via a 15‑minute online questionnaire. Intuit surveyed 1,500 Canadians ages 18+ plus an additional oversample of Gen Z (ages 18-25) in order to discover current attitudes around money and personal finance.

About Intuit

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social . Contacts

Edelman (on behalf of Intuit) Nora Hickey nora.hickey@edelman.com

Signature Bank’s Long-Term and Short-Term Credit Ratings Affirmed by Fitch, Kroll and Moody's





NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today it has received affirmation of credit ratings at current levels from three of the financial industry’s premier credit rating agencies: Fitch Ratings, Kroll Bond Rating Agency (KBRA) and Moody’s Investors Services. All ratings on the Bank’s outstanding subordinated debt and noncumulative preferred stock issuances have also been affirmed. The Bank has no long-term senior unsecured debt outstanding. All rating information can be found on the Signature Bank Investor Relations site , and are summarized as follows:   Fitch Kroll Moody’s Long-term Deposits A- A+ A Short-term Deposits F2 K1 P-1 Long-term Issuer BBB+ A+ Baa2

Prior to each rating affirmation, Signature Bank underwent a review of its financial stability as well as its business and risk management practices by each credit rating agency. All three annual reviews were conducted between November 2022 and January 2023.

About Signature Bank

Signature Bank , member FDIC, is a New York-based full-service commercial bank with 40 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California, Nevada, and North Carolina. Through its single-point-of-contact approach, the Bank’s private client banking teams primarily serve the needs of privately owned businesses, their owners, and senior managers.

The Bank has two wholly owned subsidiaries: Signature Financial, LLC, provides equipment finance and leasing; and, Signature Securities Group Corporation, a licensed broker-dealer, investment adviser and member FINRA/SIPC, offers investment, brokerage, asset management, and insurance products and services. Signature Bank was the first FDIC-insured bank to launch a blockchain-based digital payments platform. Signet™ allows commercial clients to make real-time payments in U.S. dollars, 24/7/365 and was also the first blockchain-based solution to be approved for use by the NYS Department of Financial Services.

Since commencing operations in May 2001, Signature Bank reported $110.36 billion in assets and $88.59 billion in deposits as of December 31, 2022. Signature Bank placed 19 th on S&P Global’s list of the largest banks in the U.S., based on deposits as of year-end 2021.

For more information, please visit https://www.signatureny.com.

This press release and oral statements made from time to time by our representatives contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous risks and uncertainties relating to our operations and business environment, all of which are difficult to predict and may be beyond our control. Forward-looking statements include information concerning our expectations regarding future results, interest rates and the interest rate environment, loan and deposit growth, loan performance, operations, new private client teams' hires, new office openings, business strategy and the impact of the COVID-19 pandemic on each of the foregoing and on our business overall. Forward - looking statements often include words such as "may," "believe," "expect," "anticipate," "intend," “potential,” “opportunity,” “could,” “project,” “seek,” “target,” “goal,” “should,” “will,” “would,” "plan," "estimate" or other similar expressions. Forward-looking statements may also address our sustainability progress, plans, and goals (including climate change and environmental-related matters and disclosures), which may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future. As you consider forward-looking statements, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties and assumptions that could cause actual results to differ materially from those in the forward-looking statements and can change as a result of many possible events or factors, not all of which are known to us or in our control. These factors include but are not limited to: (i) prevailing economic conditions; (ii) changes in interest rates, loan demand, real estate values and competition, any of which can materially affect origination levels and gain on sale results in our business, as well as other aspects of our financial performance, including earnings on interest-bearing assets; (iii) the level of defaults, losses and prepayments on loans made by us, whether held in portfolio or sold in the whole loan secondary markets, which can materially affect charge-off levels and required credit loss reserve levels; (iv) changes in monetary and fiscal policies of the U.S. Government, including policies of the U.S. Treasury and the Board of Governors of the Federal Reserve System; (v) changes in the banking and other financial services regulatory environment; (vi) our ability to maintain the continuity, integrity, security and safety of our operations and (vii) competition for qualified personnel and desirable office locations. All of these factors are subject to additional uncertainty in the context of the COVID-19 pandemic and the conflict in Ukraine, which are having impacts on all aspects of our operations, the financial services industry and the economy as a whole. Additional risks are described in our quarterly and annual reports filed with the FDIC. Although we believe that these forward-looking statements are based on reasonable assumptions, beliefs and expectations, if a change occurs or our beliefs, assumptions and expectations were incorrect, our business, financial condition, liquidity or results of operations may vary materially from those expressed in our forward-looking statements. You should keep in mind that any forward-looking statements made by Signature Bank speak only as of the date on which they were made. New risks and uncertainties come up from time to time, and we cannot predict these events or how they may affect the Bank. Signature Bank has no duty to, and does not intend to, update or revise the forward-looking statements after the date on which they are made. Contacts

Investor Contact : Brian Wyremski, Senior Vice President and Director of Investor Relations & Corporate Development 646-822-1479, bwyremski@signatureny.com Media Contact: Susan Turkell Lewis, 646-822-1825 slewis@signatureny.com

David Castleman Joins Otterbourg as Member in the Restructuring and Bankruptcy Department





NEW YORK--(BUSINESS WIRE)-- Otterbourg P.C. announced today that David Castleman has joined the firm as a member in the Restructuring and Bankruptcy Department. He comes to Otterbourg from Raines Feldman LLP, where he was a partner.

Mr. Castleman’s practice focuses on federal equity receiverships and complex litigation in both state and federal courts. Recognized for his experience in cryptocurrency insolvencies, Mr. Castleman was recently appointed as receiver regarding a $250 million alleged internet-based Ponzi scheme in a case brought by the Commodity Futures Trading Commission in the Southern District of New York. In this, he helped in the recovery of over $100 million for the benefit of claimants, including over $60 million in cryptocurrency held overseas in the first year of the receivership.

“ Dave is an impactful lawyer with an impressive track record in a very demanding practice,” said Richard Stehl, Otterbourg’s chairman. “ He brings unique skills to Otterbourg that enhance our bankruptcy practice and expands the range of complex cryptocurrency services we provide. We are pleased to welcome Dave to Otterbourg.”

Mr. Castleman was previously senior counsel at a prominent litigation boutique firm, working extensively on receivership matters. Earlier, he served as an Assistant Attorney General in the New York Investor Protection Bureau, where he was instrumental in achieving a $714 million global settlement against a major financial institution on behalf of fraud victims. Mr. Castleman contributed substantially to novel strategies by the New York Attorney General to use the Martin Act to hold fossil fuel companies responsible for contributing to climate change. He received his J.D., cum laude and Order of the Coif, from the University of Pennsylvania Law School, where he served as Executive Editor of the Law Review.

“ Dave will be a valuable addition to our practice, strengthening our fiduciary and receivership practice, and enhancing the services provided by Erik Weinick and Phil Berg in crypto currency forensics,” said Melanie Cyganowski, Chair of the firm’s Restructuring and Bankruptcy Department and former Chief Judge of the Eastern District Bankruptcy Court.

Otterbourg’s Restructuring and Bankruptcy group specializes in the representation of stakeholders of all types in connection with insolvency matters throughout the United States, as well as insolvency matters that may involve other jurisdictions in Europe, Asia and Latin America. The practice provides legal services in all areas of debtor and creditors’ rights including the review of contracts, restructuring agreements, general insolvency issues, strategic planning, and the discovery and analysis of fraud.

About Otterbourg P.C.

Otterbourg P.C. offers clients a unique combination of legal insight and practical solutions and is known for its integrity, legal expertise, stability and business knowledge. The firm, established in 1909, regularly represents clients in matters of national and international scope, including banks, finance companies, hedge funds, private equity firms, real estate investment firms, corporate clients and high net-worth individuals. The firm’s practice areas include domestic and cross-border financings, litigation and alternative dispute resolutions, real estate, restructuring and bankruptcy proceedings, mergers and acquisitions and other corporate transactions, and trusts and estates. Contacts

Connor Brogan, Rubenstein, 856.417.1875 cbrogan@rubenstein.com

Ault Alliance Announces that BITNILE.com Will Launch March 1, 2023



Stockholders Invited to Participate in Online Tour February 28, 2023

LAS VEGAS--(BUSINESS WIRE)-- $AP #AULT -- Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company formerly known as BitNile Holdings, Inc. (“ Ault Alliance ” or the “ Company ”), announced today it is inviting its stockholders to a tour of its next-generation marketplace, BITNILE.com, on February 28, 2023. The tour will be led by Mr. Milton “Todd” Ault, III, the founder of BitNile.com, which is set to launch and “go live” March 1, 2023. BITNILE.com’s development is led by Douglas Gintz, the President and Chief Product Officer of BitNile.com, Inc.

Tour participants will experience first-hand the dynamic features, ambiance and capabilities of BITNILE.com. The platform, which can readily accept Bitcoin, is being developed to enable users to access the metaverse via the web browser allowing usage on any device such as mobile, tablets, PC’s and virtual reality headsets. The BITNILE.com metaverse experience is expected to not only include eCommerce, but is being built to include social, immersive video games, games of skill and chance and more.

To join the introductory tour please use this link: https://us06web.zoom.us/webinar/register/WN_VkYLF5T4R46h5zvnMP35GQ

Milton “Todd” Ault, III, the Company’s Executive Chairman, stated, “The launch of BITNILE.com has been many years in the making and we are proud of the progress that Douglas Gintz and his team have made. I believe that this new product and experience will be the first of its kind and I look forward to sharing more on February 28, 2023. We look forward to our launch on March 1, 2023.”

The Company invites the public to register for the initial launch using this link, https://BitNile.com/ . Those signing up previous to the launch will be granted a future reward with details to follow.

For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at http://www.Ault.com or available at www.sec.gov .

About Ault Alliance, Inc.

Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com .

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com . Contacts

IR@Ault.com or 1-888-753-2235

KuCoin Launches New Anti-Fraud Suite to Strengthen Security





VICTORIA, Seychelles--(BUSINESS WIRE)--KuCoin, a global top 5 crypto exchange, has launched a comprehensive set of anti-fraud measures to provide more security tools to prevent business scams. Besides the official contact verification, the newly added measures include advanced anti-phishing verification, and business wallet address verification, which significantly reduce the potential for fraud.

To prevent phishing, a common scam where the attacker dupes the user into providing private information by impersonating a reputable source. Since it’s inevitable to avoid impersonation on different social media apps, KuCoin has added a new key feature to its platform: business wallet address verification. Most of the business wallet addresses of KuCoin would be able to be verified through the Official Media and Wallet Verification Portal. In instances if the scammer is impersonating a KuCoin official to offer a business proposal, at the last moment of the transfer, the official wallet address verifier will be effective to be used to prevent the scam from happening. Please notice that the verification portal can only verify KuCoin's official business wallet addresses under ETH-ERC20, BSC-BEP-20, TRX-TRC20 and SOL-SPL standards. Also, the verification portal may not be able to verify non-USDT/USDC related addresses which will be normally generated only after technical integration.

Other features of the Official Media and Wallet Verification Portal include: Anti-phishing verification : All communications from the KuCoin team to businesses will contain an 8-digit number created by the business during the listing application filing process to verify its authenticity. Official contact verification : If ever users question the authenticity of a person claiming to be from KuCoin, all KuCoin staff contact information--email addresses, phone numbers, and social media accounts--can be verified through the same portal.

"As the People's Exchange, at KuCoin, ensuring the safety and security of users is our utmost priority. With the launch of new anti-fraud suite, we will provide a comprehensive set of measures to help users and businesses to verify before taking any action, which could protect our users' assets. By introducing these new anti-fraud features, we are taking a proactive approach to prevent fraudulent activities and providing users with the peace of mind they need to trade confidently. I encourage our users to take advantage of this anti-fraud system and verify their transactions. And, rest assured, as we continue to evolve, we will introduce more robust security tools and features to enhance the overall trading experience." said Johnny Lyu, CEO of KuCoin.

KuCoin is committed to providing its users with a safe and secure trading experience. The launch of the new anti-fraud suite is just the latest in a series of initiatives to ensure the platform remains one of the most secure in the industry. In an increasingly digital world, trust begins with security and transparency. These new anti-fraud features will further strengthen User's Self-Protection. The new anti-fraud suite is available on the platform immediately. In addition, users are encouraged to verify their identities and enable two-factor authentication for added security. Please click here for more information.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 27 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

To find out more, visit https://www.kucoin.com . Contacts

Media@KuCoin.com

POSaBIT to Acquire MJ Platform, Leaf Data Systems and Ample Organics for US$4 Million Adding 350+ Merchants and More than US$2 Billion in GMV



POSaBIT secures up to $11 million in debt and equity financing Conference Call Monday at 4:30 p.m. ET

TORONTO & SEATTLE--(BUSINESS WIRE)-- POSaBIT Systems Corporation (CSE: PBIT, OTC: POSAF) (the “Company” or “POSaBIT”), a leading provider of payments infrastructure in the cannabis industry, today announced it has signed a definitive agreement to acquire MJ Platform, Leaf Data Systems and Ample Organics (collectively, the “Acquired Companies”) from Akerna Corp. (Nasdaq: KERN) for US$4 million in an all-cash transaction (the “Acquisition”).

Strategic Rationale The Acquired Companies are expected to generate approximately US$11.0 million in revenue and US$6.8 million in gross profit during the 12 months ended December 31, 2022 on a standalone basis 1 Nearly doubles the number of merchant locations POSaBIT serves Significantly expands payments pipeline with the addition of 350+ merchant locations generating approximately US$2.0 billion of annual Gross Merchandise Value (“GMV”) 2 Adds new revenue stream from state ‘seed-to-sale’ compliance contracts with the states of Pennsylvania and Utah Establishes POSaBIT as a leading, vertically integrated solutions provider with the addition of cultivation, manufacturing and distribution capabilities Expands POSaBIT’s operations into Canada with the addition of Ample Organics Adds experienced industry professionals

“At a purchase price of 0.4 times 2022 estimated revenue, we are acquiring high-quality software assets at an attractive valuation,” said Ryan Hamlin, CEO and Co-founder of POSaBIT. “This acquisition will increase merchant locations that we serve to nearly 900 and create a meaningful opportunity to accelerate adoption of our fully compliant PIN debit payments solution, an important driver of future revenue growth and sustainable positive EBITDA. Importantly, this transaction launches us to the top five POS providers in terms of market share and GMV. It adds valuable assets that align directly with our stated goals of adding new merchants, increasing digital payment penetration and introducing new offerings to better serve our merchants. We see a significant opportunity to further monetize the assets we are acquiring while addressing key pain points for our merchant partners and their customers.”

Hamlin concluded, “Despite the challenges facing our industry, our business is growing at a steady rate. We are adding new team members and our pipeline of both organic and strategic opportunities is expanding. We welcome the talented professionals that will help convert this pipeline of opportunities and build upon our category leadership. Our strong balance sheet and ready access to capital enabled us to execute this strategic transaction quickly. We expect to close in the second quarter of 2023 at which time we plan to roll out a unified product suite to current and future merchants.”

Transaction Financial Details US$4.0 million in cash to be paid at the closing of the Acquisition The Acquisition will be funded with a portion of up to US$11 million of committed capital comprised of US$3.0 million of equity and up to US$8 million of debt The debt portion of the financing has a three-year term that bears interest at a rate of 10% in years one and two and 12% in year three. The equity portion of the financing is comprised of 4,533,333 units (the “Units”), with each Unit being comprised of one common share of the Company (a “Common Share”) and 0.95 of one Common Share purchase warrant (each whole warrant, a “Warrant”).

For more details regarding the acquisition and financing, please join the Company’s conference call at 4:30 pm ET on Monday, January 30. An investor presentation to accompany the conference call is available at: https://posabit.com

The Acquisition is expected to close in the second quarter of calendar 2023, subject to the satisfaction (or, where applicable, waiver) of certain closing conditions, including the receipt of certain regulatory approvals and the receipt of shareholder approval of Akerna Corp.

Additionally, the Company announced that it has secured up to $11 million in debt and equity financing. In connection with the equity financing, the Company announced the closing of a non-brokered private placement of 4,533,333 Units to Perga Capital Partners, LP (“Perga”) at a subscription price of C$0.90 per Unit for aggregate gross proceeds of approximately US$3 million. Each Unit consists of one Common Share and 0.95 of one Warrant. Each Warrant is exercisable for one Common Share at C$1.25 per Common Share for a period of 36 months following closing. The Common Shares and Warrants issued in connection with the equity financing are subject to a hold period of four months and one day in accordance with applicable securities laws.

In connection with the debt financing, the Company announced the entering into of a commitment letter (the “Commitment Letter”) with Perga for an up to US$8 million unsecured credit facility with an initial 3-year term, at an initial interest rate of 10% per annum for the first two years and a final interest rate of 12% per annum for the last year. The repayment of the loan would not be subject to any pre-payment penalty. Pursuant to the Commitment Letter, the Company may, subject to certain customary conditions, at its sole discretion, draw at any time and only in a single draw, an amount up to US$8 million. Concurrently with any draw, the Company shall issue to Perga one Common Share purchase warrant (a “Loan Warrant”) for each US$10 principal amount borrowed. Each Loan Warrant will be exercisable for one Common Share at C$1.50 per Common Share for a period of 36 months following the date of issuance. The transactions contemplated in the Commitment Letter are subject to the negotiation and execution of mutually agreeable definitive loan documents and the receipt of all applicable regulatory and stock exchange approvals. There can be no certainty that the debt financing will be completed on the terms set forth in the Commitment Letter or at all.

The Company will host a conference call Monday at 4:30 p.m. ET to discuss these announcements.

Conference Call Information Date: January 30, 2023 Time: 4:30pm Eastern Time Toll Free: 877-545-0523 International: 973-528-0016 Participant Access Code: 209822 Live Webcast: https://www.webcaster4.com/Webcast/Page/2708/47367   Conference Call Replay Information: The replay will be available approximately one hour after the completion of the live event. Toll Free: 877-481-4010 International: 919-882-2331 Replay Passcode: 47367 Replay Webcast: https://www.webcaster4.com/Webcast/Page/2708/47367

Related Party Disclosure

Alex Sharp is an insider of the Company and exercises control or direction over Perga. Pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”), the debt and equity financings are each a “related party transaction” by virtue of such insider participation. The Company is exempt from the formal valuation requirement of MI 61-101 in connection with the insider participation in reliance on section 5.5(b) of MI 61-101, as no securities of the Company are listed or quoted for trading on the Toronto Stock Exchange, the New York Stock Exchange, the American Stock Exchange, the NASDAQ stock market or any other stock exchange outside of Canada and the United States. Additionally, the Company is exempt from obtaining minority shareholder approval in connection with the insider participation in reliance on section 5.7(1)(a) of MI 61-101 as the aggregate value of the insider participation does not exceed 25% of the market capitalization of the Company. The Company did not file a material change report in respect of the related party transaction at least 21 days before the closing of the equity financing, which the Company deems reasonable in the circumstances in order to complete the equity financing in an expeditious manner.

Forward-Looking Statements

This press release contains forward-looking statements, including statements regarding our business strategy, product development, timing of product development, events and courses of action.

Statements which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, outlook, expectations or intentions regarding the future including words or phrases such as “anticipate,” “objective,” “may,” “will,” “might,” “should,” “could,” “can,” “intend,” “expect,” “believe,” “estimate,” “predict,” “potential,” “plan,” “is designed to” or similar expressions suggesting future outcomes or the negative thereof or similar variations. Forward-looking statements may include, among other things, statements about: the terms of the Acquisition; the ability to close the Acquisition and the timing thereof; the satisfaction and receipt of the necessary approvals and closing conditions; the expected revenue and gross profit of the Acquired Companies; the closing of the debt financing and the terms thereof; the potential synergies relating to the Acquisition and the expected market share of the Company following the completion of the Acquisition. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which POSaBIT will operate in the future, including the ability to integrate the Acquired Companies, the satisfaction and waiver of certain conditions related to the Acquisition and financings, demand for our products, anticipated costs and ability to achieve goals. Although we believe that the assumptions underlying these statements are reasonable, they may prove to be incorrect. Given these risks, uncertainties and assumptions, you should not unduly rely on these forward-looking statements.

Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to, business, economic and capital market conditions; the ability to manage our operating expenses, which may adversely affect our financial condition; our ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; market conditions and the demand and pricing for our products; our relationships with our customers, distributors and business partners; our ability to successfully define, design and release new products in a timely manner that meet our customers’ needs; our ability to attract, retain and motivate qualified personnel; competition in our industry; our ability to maintain technological leadership; our ability to manage risks inherent in foreign operations; the impact of technology changes on our products and industry; our failure to develop new and innovative products; our ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect our business; our ability to manage working capital; and our dependence on key personnel. POSaBIT is an early stage company with a short operating history; it may not achieve profitability; and it may not actually achieve its plans, projections, or expectations.

Important factors that could cause actual results to differ materially from POSaBIT’s expectations include consumer sentiment towards POSaBIT’s products and blockchain/cryptocurrency exchange technology generally, litigation, global economic climate, loss of key employees and consultants, additional funding requirements, changes in laws, technology failures, competition, and failure of counterparties to perform their contractual obligations.

Neither we nor any of our representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this news release. Neither we nor any of our representatives shall have any liability whatsoever, under contract, tort, trust or otherwise resulting from the use of the information in this news release or for omissions from the information in this news release.

Financial Outlook

This news release contains a financial outlook within the meaning of applicable Canadian securities laws. The financial outlook has been prepared by management of the Company and the Acquired Companies to provide an outlook for the Acquired Companies’ revenue and net profit for the 12 months ended December 31, 2022 and may not be appropriate for any other purpose. The financial outlook has been prepared based on a number of assumptions including certain of the assumptions discussed under the heading “Forward-Looking Statements”. The actual results of the Acquired Companies’ operations for any period will likely vary from the amounts set forth in these projections and such variations may be material. The Company and its management believe that the financial outlook has been prepared on a reasonable basis. However, because this information is highly subjective and subject to numerous risks, including the risks discussed under the heading “Forward-Looking Statements”, it should not be relied on as necessarily indicative of future results.

About POSaBIT

POSaBIT (CSE: PBIT) POSaBIT is a FinTech, working exclusively within the cannabis industry. We provide a best-in-class Point-of-Sale solution and are the leading cashless payment provider for cannabis retailers. We work tirelessly to build better financial services and transaction methods for merchants. We bring cutting edge software and technology to the cannabis industry so that all merchants can have a safe and compliant set of services to solve the problems of a cash-only industry. For additional information, visit www.posabit.com .

1 Ample Organics Inc. revenue recognized at prevailing FX rate on the day of revenue recognition.

2 Gross Merchandise Value is a performance metric and calculated by the Company as the total dollar amount of all transactions processed by merchant customers. Contacts

Investor Relations:

Hayden IR James Carbonara (646) 755-7412 james@haydenir.com

investors@posabit.com

Media Relations:

Oscar Dahl 855-767-2248 oscar@posabit.com

Management:

Ryan Hamlin Co-founder and CEO of POSaBIT 855-767-2248 investors@posabit.com

Wemade Presents Evolved Tokenomics with MIR M





SEOUL, South Korea--(BUSINESS WIRE)-- #DOGMA --Wemade’s new MMORPG MIR M: Vanguard and Vagabond (MIR M) will be launched in 170 countries on January 31st.

MIR M will present ‘inter-game economy’ with MIR4, one of the most successful blockchain games in the world. Wemade connected the tokenomics of the two games to create a more intimate game economy. Players can enjoy a unique experience in the virtuous cycles by reinvesting the tokens that they’ve obtained from a game into another game.

The game token DRONE and the governance token DOGMA will be used as the main tokens in MIR M. Through Play Wallet, players can exchange Darksteel for game token DRONE and this token can be exchanged for WEMIX$ or other tokens that are used in other games like MIR4.

The governance token DOGMA grants more rights to players and connects the economy of the two games. DOGMA can be obtained by staking DRONE, a game token used in MIR M, and HYDRA, a game token used in MIR4.

Players can express their opinions more actively and participate in major decision-making such as summoning Field Bosses and World Bosses or holding a Valley Capture by using DOGMA they’ve earned.

Many events, including airdrops, are being held along with pre-registration. More information is available on MIR M’s official website. Contacts

Wemade Co., Ltd. (112040: KOSDAQ) Yeonghyun Lee, PR Manager yeonghyun@wemade.com

Customers Bancorp, Inc. Declares Quarterly Cash Dividend on Its Series E and Series F Preferred Stock





WEST READING, Pa.--(BUSINESS WIRE)-- $CUBI #PreferredStock --Customers Bancorp, Inc. (NYSE: CUBI) announced that the Board of Directors has declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series E (NYSE: CUBIPrE) of $0.61931250 per share. The dividend is payable on March 15, 2023, to shareholders of record on February 28, 2023.

The Board of Directors has also declared a quarterly cash dividend on its Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F (NYSE: CUBIPrF) of $0.59568750 per share. The dividend is payable on March 15, 2023, to shareholders of record on February 28, 2023.

Corporate Overview

Customers Bancorp, Inc. (NYSE:CUBI) is one of the nation’s top-performing banking companies with over $20.9 billion in assets, making it one of the 100 largest bank holding companies in the US. Through its primary subsidiary, Customers Bank, commercial and consumer clients benefit from a full suite of technology-enabled tailored product experience delivered by best-in-class customer service. A pioneer in Banking-as-a-Service and digital banking products, Customers Bank is one of the only banks that provides a blockchain-based 24/7/365 digital payment solution to its customers. In addition to traditional lines such as C&I lending, commercial real estate lending, and multi-family lending, Customers Bank also provides a number of national corporate banking services for Fund Finance, Equipment Finance, Financial Institutions, Technology and Venture, and Healthcare clients. Major accolades include: #3 top-performing bank with over $10 billion in assets at year-end 2021 per S&P Global S&P Global Market Intelligence , #6 in top-performing banks with assets between $10 billion and 50 billion in 2021 per American Banker , and #21 out of the 100 largest publicly traded banks in 2022 per Forbes .

A member of the Federal Reserve System with deposits insured by the Federal Deposit Insurance Corporation, Customers Bank is an equal opportunity lender. Learn more: www.customersbank.com . Contacts

David Patti, Communications Director 610-451-9452

OneSpan to Acquire Blockchain Technology Provider ProvenDB to Bring Secure Vaulting to the Future of Digital Transactions





Acquisition will serve as a foundational architecture for future blockchain-based digital transaction solutions for Web3

CHICAGO--(BUSINESS WIRE)--OneSpan Inc. (NASDAQ: OSPN), the digital agreements security company, today announced that it has agreed to acquire ProvenDB , an Australia-based startup that delivers secure storage and vaulting for documents based on blockchain technology, to provide an industry-leading trust model for high assurance contracts and documents. ProvenDB will extend the capabilities of OneSpan’s Transaction Cloud Platform to both public and private blockchains and serve as a modern technological foundation for high assurance business processes for Web3.

ProvenDB has been at the forefront of developing secure storage, leveraging blockchain technology that adds a layer of security to prevent data tampering or alteration of documents. When information is added to ProvenDB, digital signatures are created and posted to an immutable public blockchain. ProvenDB’s secure storage and vaulting solutions provide proof of the integrity, ownership and creation date of critical information.

OneSpan continues to execute its mission to deliver easy and secure customer experiences that ensure the integrity behind digital transactions and agreements. With this acquisition, OneSpan plans to combine ProvenDB’s technology with OneSpan’s Transaction Cloud Platform to provide an integrated end-to-end assurance model which includes a secure repository for documents and artifacts that require the highest levels of compliance and assurance. This highly complementary acquisition expands OneSpan’s addressable market, solves customers’ secure vaulting needs, and accelerates OneSpan’s leadership in securing digital agreements throughout the customer transaction lifecycle.

“Digital artifacts are simply too easy to fabricate, tamper, or delete in the era of Web3 leading to security breaches and loss of trust in digital information. In this world of evidence tampering and deep fakes, it is critical that we have non-repudiation and copies of the original artifact with an immutable chain of custody throughout the entire customer journey,” said Matthew Moynahan, President and CEO at OneSpan. “Securing business processes end-to-end leveraging blockchain technology will play an increasingly critical role in preserving the integrity of digital transactions and agreements to fuel this modern digital era. We have an ambitious plan to disrupt the digital agreement market and ProvenDB will accelerate that plan. OneSpan’s mission, the focus of our entire go-to-market strategy, is to restore trust and confidence in today’s most critical customer experiences, such as revenue-generating transactions or customer and vendor onboarding, and ensure that their integrity is never in question.”

“OneSpan’s expertise in digital identity and agreements married with ProvenDB’s blockchain-backed storage solutions will enable a paradigm shift in trust and integrity for digital agreements,” said Guy Harrison, CTO at ProvenDB. “We are excited to join OneSpan to bring our technology to the digital agreement market.”

"We are thrilled to announce the acquisition of ProvenDB by OneSpan,” said Vinny Smith, Managing Partner at Toba Capital. “This union brings together two industry leaders in their respective fields, resulting in a powerful combination that will revolutionize how businesses create trustworthy digital agreements. We have no doubt that ProvenDB's cutting-edge blockchain technology, paired with OneSpan's expertise in digital identity and authentication, will set a new standard for digital integrity and trust. We look forward to seeing the impact this acquisition will have on the industry."

Terms of the agreement were not disclosed, and the transaction is anticipated to close during the first quarter of 2023, subject to customary closing conditions.

About Toba Capital

Toba Capital is an early-stage investment firm committed to helping create incredible technology companies. Toba looks for businesses capable of long-term growth and teams with the potential to fundamentally shift markets for the common good. Toba Capital takes a high-conviction, and hands-on approach to venture investing. The firm has a single LP evergreen fund structure, which means its process and investment horizons are highly aligned with the teams it backs. Toba Capital was founded in 2012 by Vinny Smith and has offices in Los Angeles and Newport Beach .

About ProvenDB

ProvenDB uses Blockchain technology to create a completely trustworthy database. Immutable versions of database state are anchored to the Blockchain, delivering unparalleled data integrity. ProvenDB Compliance Vault is a tamper-resistant store for compliance data and other documentation built on the ProvenDB database engine. ProvenDB is based in Melbourne, Australia.

About OneSpan

OneSpan helps organizations accelerate digital transformations by enabling secure, compliant, and refreshingly easy customer agreements and transaction experiences. Organizations requiring high assurance security, including the integrity of end-users and the fidelity of transaction records behind every agreement, choose OneSpan to simplify and secure business processes with their partners and customers. Trusted by global blue-chip enterprises, including more than 60% of the world’s largest 100 banks, OneSpan processes millions of digital agreements and billions of transactions in 100+ countries annually.

For more information, go to www.onespan.com . You can also follow @OneSpan on Twitter or visit us on LinkedIn and Facebook .

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable U.S. securities laws, including statements regarding: the anticipated acquisition of ProvenDB; whether and when the acquisition will be completed; our plans regarding the use of ProvenDB technology and the combination of ProvenDB technology with OneSpan solutions; and the impact of, and outcomes from, the expected acquisition. Forward-looking statements may be identified by words such as "seek", "believe", "plan", "estimate", "anticipate", “expect", "intend", "continue", "outlook", "may", "will", "should", look forward” "could", or "might", and other similar expressions. These forward-looking statements involve risks and uncertainties, as well as assumptions that, if they do not fully materialize or prove incorrect, could cause our results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect our business and financial results include, but are not limited to the factors described in the “Risk Factors” section of our Annual Report on Form 10-K, as updated by the “Risk Factors” section of our Quarterly Report on Form 10-Q for the quarter ended June 30, 2022. Our filings with the Securities and Exchange Commission (the “SEC”) and other important information can be found in the Investor Relations section of our website at investors.onespan.com . We do not have any intent, and disclaim any obligation, to update the forward-looking information to reflect events that occur, circumstances that exist or changes in our expectations after the date of this press release, except as required by law.

Copyright© 2023 OneSpan North America Inc., all rights reserved. OneSpan™ is a registered or unregistered trademark of OneSpan North America Inc. or its affiliates in the U.S. and other countries. Contacts

Media contact: Nicole Bosgraaf Senior Public Relations Manager +1-401-219-2131 Nicole.bosgraaf@onespan.com

Investor contact: Joe Maxa Vice President of Investor Relations +1-312-766-4009 joe.maxa@onespan.com

WisdomTree Announces Say Platform for Fourth Quarter 2022 Earnings is Live





NEW YORK--(BUSINESS WIRE)--WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced today that Say, a stockholder Q&A platform, is live and ready to be used in advance of its upcoming fourth quarter earnings call on Friday, February 3, 2023, at 11:00 a.m. ET.

As a public company, WisdomTree believes in the importance of transparency with its stockholders, regardless of their size and economic stake. To help facilitate these connections and enhance engagement, verified stockholders of WisdomTree, Inc. can submit questions to management via Say Connect. To submit questions, please visit the Say Connect platform HERE . Questions can be submitted through 9:00 a.m. ET on February 2, 2023.

WisdomTree will respond to select questions from investors during the live Q4 2022 earnings call webcast. A link to the webcast is posted on WisdomTree’s investor relations website HERE .

About WisdomTree

WisdomTree is a global financial innovator, offering a well-diversified suite of exchange-traded products (ETPs), models and solutions. We empower investors to shape their future and support financial professionals to better serve their clients and grow their businesses. WisdomTree is leveraging the latest financial infrastructure to create products that provide access, transparency and an enhanced user experience. Building on our heritage of innovation, we are also developing next-generation digital products and structures, including digital funds and tokenized assets, as well as our blockchain-native digital wallet, WisdomTree Prime™.

WisdomTree currently has approximately $86.5 billion in assets under management globally.

For more information about WisdomTree and WisdomTree Prime™, visit: https://www.wisdomtree.com .

Please visit us on Twitter at @WisdomTreeNews.

WisdomTree ® is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.

Category: Business Update Contacts

Media Relations WisdomTree, Inc. Jessica Zaloom +1.917.267.3735 jzaloom@wisdomtree.com / wisdomtree@fullyvested.com

Investor Relations WisdomTree, Inc. Jeremy Campbell +1.646.522.2602 Jeremy.Campbell@wisdomtree.com

BitPay Announces New Partnership with MoonPay



BitPay users will pay no fees on first time buys for a limited-time only

ATLANTA--(BUSINESS WIRE)-- BitPay , the world’s largest provider of Bitcoin and cryptocurrency payment services, has partnered with MoonPay, the world's leading Web3 infrastructure company, to provide BitPay users with significantly increased ways to buy cryptocurrency instantly, and at great rates.

The integration offers BitPay users access to over 60 of the world’s most popular cryptocurrencies. BitPay’s unique marketplace experience also presents multiple rates for buyers, ensuring they receive the best possible price for their cryptocurrency purchases. Additional benefits of the integration include fast delivery to any owned wallet address, as well as the ability for buyers to pay with their preferred method, including credit card, debit card, Apple Pay, Google Pay or a variety of local bank transfer methods.

To celebrate this partnership, first time buyers will pay no fees on their crypto purchases for a limited time only. BitPay users can buy crypto via the MoonPay integration online at BitPay.com or within the BitPay Wallet app.

“BitPay’s partnership with MoonPay brings together two leaders of the crypto payments space to give BitPay users near-instant access to cryptocurrency,” said Bill Zielke, CMO of BitPay.

"Our partnership with BitPay is an important step forward in our mission to onboard the world to Web3, providing people around the world with easier access to digital assets and services," said Harry Peatson, Partner Account Manager at MoonPay. "This partnership will provide users with a greater variety of ways to buy cryptocurrencies, allowing them to use their preferred buying methods, and with much greater speed of delivery than previously."

About BitPay

Founded in 2011, BitPay is one of the oldest cryptocurrency companies. As a pioneer in blockchain payment processing, the company’s mission is to transform how businesses and people send, receive, and store money. Its business solutions eliminate fraud chargebacks, reduce the cost of payment processing, and enable borderless payments in cryptocurrency, among other services. BitPay offers consumers a complete digital asset management solution that includes the BitPay Wallet and BitPay Card, enabling them to turn digital assets into dollars for spending at tens of thousands of businesses. The company has offices in North America, Europe, and South America and has raised more than $70 million in funding from leading investment firms including Founders Fund, Index Ventures, Virgin Group, and Aquiline Technology Growth. For more information visit bitpay.com.

About MoonPay

MoonPay is the world's leading Web3 infrastructure company. It provides end-to-end solutions for payments, enterprise-scale digital asset and smart contracts minting, and world-class design to power Web3 strategies and ideas for the world's most iconic brands. MoonPay is active in more than 160 countries and is trusted by 450+ partners, including leading wallets, commercial brands, and applications. For more information, visit: https://www.moonpay.com/ Contacts

Jan Jahosky BitPay jan@bitpay.com 404.448.1035

Investing Platform Public Debuts Rare Sneaker Portfolio





First-of-its-kind investable asset supports Public’s mission to make more asset classes available to more investors

NEW YORK--(BUSINESS WIRE)--Public.com, an investing platform that lets members invest in stocks, ETFs, crypto, and alternative assets, debuts a first-of-its-kind alternative asset, The Rare Sneaker Portfolio.

This asset bundles together 77 pairs of iconic and rare sneakers into one investable asset, curated for investment potential— similar to how ETFs function for equities. The concept of grouping assets like sneakers into a single alternative asset Portfolio is unique to Public’s platform and allows for broad category exposure and further diversification.

The Rare Sneaker Portfolio presents an opportunity for investors and sneaker fans alike to invest in the growing sneaker resale market, estimated by Cowen & Company to reach $30 billion by 2030. By bundling dozens of different sneakers into one investable asset, the Portfolio provides a unique opportunity for investors to get broad exposure to the sneaker market rather than researching which individual pairs may have the highest appreciation value.

Sneakers in the Portfolio were evaluated based on a variety of factors including: Cultural significance, i.e., associated with a celebrity, artist, athlete, or collector Scarcity, with some sneakers in the Portfolio having never been released to the public Condition, with the large majority in brand new, deadstock condition Size, prioritizing men’s sizes 9-13, the most desirable sizes

The Portfolio consists of culturally significant mainstays such as original Air Jordan Is, rare grails such as Nike Air Force 1 x Jay-Z “France” (only two pairs ever made), and artist collaborations with KAWS, Tom Sachs, Virgil Abloh, and Futura. Other highlights include 1985 Air Jordan I BRED (recently sold for $16,250), Nike MAG (recently sold for $63,000), Nike SB Low “Freddy Krueger” (recently sold for $30,000), and FLOM Dunk (recently sold for $56,139).

The Rare Sneaker Portfolio is the first alternative asset Portfolio to debut on the Public platform, with additional Portfolios set to launch in 2023. Public launched alternative asset trading in late 2022 after acquiring Otis, a leading platform for investing in cultural assets and collectibles. By offering fractional investing in alternative assets, Public aims to make this asset class, historically popular with the ultrawealthy, more accessible to retail investors who may not otherwise be able to invest hundreds of thousands dollars in art, rare collectibles, or sneakers.

“We’re pleased to be able to introduce innovative new ways for our members to invest in alternative assets. While we’re beginning with sneakers, we’re actively exploring Portfolios across a variety of categories,” said Keith Marshall, General Manager of Alternatives at Public. “The concept of curated Portfolios means that our members will be able to invest in categories like art, trading cards, royalties, and real estate without needing to become subject matter experts on individual assets.”

The Rare Sneaker Portfolio is exclusively available on the Public platform. Members can explore the investment thesis and buy and sell shares of the Portfolio through the Public mobile app or website. Visit Public.com to sign up or learn more.

About Public.com

Public is an investing platform that allows everyone to invest in stocks, ETFs, crypto, and alternative assets, like fine art and collectibles—all in one place. We help people be better investors with access to custom company metrics, live shows about the markets, and insights from a community of millions of investors, creators, and analysts. Public puts investors first, and doesn't sell trades to market makers or take money from Payment for Order Flow (PFOF). Learn more at www.public.com .

This content is not investment advice. All investments involve risk and the past performance of a security or financial product does not guarantee future results or returns. There is always the potential of losing money when you invest in securities or other financial products. Investors should consider their investment objectives and risks carefully before investing.

Brokerage services for US-listed, registered securities available on Public are offered by Open to the Public Investing, Inc. (OTTP), member FINRA & SIPC. Alternative assets, such as the “Rare Sneaker Portfolio”, available on Public.com are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public.com , are equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. Alternative Assets purchased on the Public.com platform are not held in an OTTP brokerage account, are executed by Public on an agency basis on behalf of customers, and are self-custodied by the purchaser. The issuers of these securities may be an affiliate of Public.com , and Public.com (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures .

Cryptocurrency trading provided by Apex Crypto LLC (NMLS ID 1828849). Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Contacts

Steph Goldberg, Director of Marketing ( steph.goldberg@public.com )

TDCX Announces Launch of Digital Customer Experience Center of Excellence in Singapore to Pioneer New CX Solutions



Center will focus on CX solutions that enable hyper personalized and seamless customer engagement physically and in the metaverse

SINGAPORE--(BUSINESS WIRE)--TDCX Inc. (“TDCX” or the “Company”) (NYSE: TDCX), an award-winning digital customer experience (CX) solutions provider for innovative technology and other blue-chip companies, announced today the launch of its first Digital CX Center of Excellence in Singapore.

The Center will focus on leveraging technology to develop CX solutions that enable hyper personalized, seamless and secure customer engagement in both physical and virtual environments, such as in the metaverse. Through the Center, TDCX will pilot and validate new CX models and the supporting emerging technology architecture, to develop practical real-world applications and use cases.

Mr Laurent Junique, Founder and CEO of TDCX, said, “CX has become a strategic differentiator for businesses and a key enabler for the growth of the digital economy in today’s experience-driven marketplace. As digital and physical experiences continue to blur, we want to pioneer customer engagement strategies that continue to deliver a human touch during those critical moments that matter most. The launch of our Digital CX Center of Excellence is the convergence of our digital innovation and consulting capabilities as well as operational mastery through talent leadership in Singapore. Over time, we have grown our client relationships at a global level. These clients are now looking for global strategic support.”

The Center is located at TDCX’s headquarters in Singapore and is led by Ms Angie Tay, Group Chief Operating Officer.

In addition to percolating new CX strategies and acting as a global command center, TDCX Singapore will also develop best practices in data science and analytics to help businesses enhance cost efficiency in areas such as quality assurance automation. These best practices will be developed into playbooks to help businesses drive and deliver customer value and retention.

Ms Angie Tay, said, “Our clients are in a constant pursuit of optimization to maximize their finite resources. Amid the recent tech shake up, we see more clients coming to us to understand how they can enhance their CX strategy and standardize their operations globally. Our digital CX Center of Excellence will enable us to continue developing transformative CX solutions for our clients and further entrench our leadership in this market.”

Mr Ben Sun who heads TDCX’s Advisory and Transformation programs said, “The increasing complexity of the business landscape means that brands are constantly juggling multiple competing priorities. They are looking for trusted partners who understand their needs and can continually add value to the relationship. We have been advising our clients on a range of issues, such as benchmarking their CX approach against best practices and determining the optimal balance between technology and the human touch to drive the best CX outcomes. The launch of our digital CX Center of Excellence is timely as it enables us to address a vacuum in the market and establish ourselves as the partner of choice for brands looking to deliver great CX.”

Corporate Venture Capital arm to invest in promising technologies

To support the Center, TDCX has also set up a new Corporate Venture Capital (CVC) arm to invest in the technologies needed to drive CX innovation. The CVC will enable TDCX to take advantage of the innovative solutions that are already being incubated and developed in Singapore and South-East Asia.

Some of the technology that TDCX is looking into includes artificial intelligence, machine learning, automation and natural language processing.

TDCX’s Digital CX Center of Excellence is the company’s latest initiative to help businesses leverage innovative CX solutions to win new customers, build customer loyalty and achieve their CX outcomes. It adds to TDCX’s existing capabilities through its Digital Innovation Lab based in Kuala Lumpur, Malaysia which has been focused on developing new technology applications for the Group.

Since its 1995 launch in Singapore, TDCX has grown rapidly and is present in 16 countries across the globe. In October 2021, TDCX became the second home-grown company to be listed on the New York Stock Exchange.

TDCX was also recognized by leading global technology research and advisory firm, ISG, as the top provider for CX services in Singapore in its latest Customer Experience Services report for Singapore and Malaysia 1 .

About TDCX

Singapore-headquartered TDCX provides transformative digital CX solutions, enabling world-leading and disruptive brands to acquire new customers, to build customer loyalty and to protect their online communities.

TDCX helps clients achieve their customer experience aspirations by harnessing technology, human intelligence and its global footprint. It serves clients in fintech, gaming, technology, home sharing and travel, digital advertising and social media, streaming and e-commerce. TDCX’s expertise and strong footprint in Asia has made it a trusted partner for clients, particularly high-growth, new economy companies, looking to tap the region’s growth potential.

TDCX’s commitment to delivering positive outcomes for our clients extends to its role as a responsible corporate citizen. Its Corporate Social Responsibility program focuses on positively transforming the lives of its people, its communities and the environment.

TDCX employs more than 17,000 employees across 27 campuses globally, specifically Singapore, Malaysia, Thailand, Philippines, Mainland China, Hong Kong, South Korea, Japan, India, Romania, Spain, Colombia and Türkiye. For more information, please visit www.tdcx.com .

1 Please refer to TDCX named a Leader in ISG Provider Lens™ Contact Center – Customer Experience Services SG/MY 2022 report for more information. Contacts

For enquiries, please contact: Eunice Seow, eunice.seow@tdcx.com

Capco Canada names Serena Chan as new Partner





TORONTO--(BUSINESS WIRE)--Capco, the global technology and management consultancy, has appointed Serena Chan as a new Partner in its Canadian business. Named as one of Canada’s 50 top FinTech women by the Digital Institute and an RBC Top 25 Canadian Immigrant Award winner, Serena is an end-to-end digital reinvention leader focused on solving clients’ most complex problems.

Serena is a recognized expert in API and microservices strategy, the design, development and integration of complex systems, and agile delivery. She has successfully delivered multiple large award-winning digital transformation projects using cloud, APIs, microservices, micro frontends, event streaming, artificial intelligence, and blockchain solutions for financial services clients.

Gary Teelucksingh, CEO of Capco’s Canada business, said : “We are delighted to welcome Serena to the Canadian leadership team as a new Partner. Serena brings more than 25 years of experience to our business, including tremendous expertise in the areas of banking, insurance, and the delivery of complex technology programs. She has a proven record of delivering results for clients, including some of Canada’s most prestigious financial institutions, and has received multiple awards for her dedication to delivering top-quality work. Serena is a true expert in her field and an inspirational leader who will play an integral role as we look to further grow our advisory business, drive wider industry innovation, and cement our status as one of the most creative and inclusive places to work in Canada.”

Serena joins Capco after a short tenure at TD. That role was preceded by 16 years with IBM Consulting, where Serena was an Account Partner and Delivery Executive for a number of key TD transformation programs. During her time with IBM Consulting, Serena led a wide range of innovation-led technology transformation initiatives for prestige Canadian and international institutions across the insurance, payments, retail and commercial banking sectors.

Prior to that role she worked at PwC Consulting, IBM Global Services and BearingPoint. Serena graduated from the University of Toronto with an honors bachelor’s degree in Finance and Accounting and holds a Masters of Science degree in Computer Information Technology from Regis University. She is a four-time IBM Redbook author and a Chartered Insurance Professional (CIP).

About Capco Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation in the financial services industry. With a growing client portfolio comprising of over 100 global organizations, Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting-edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. To learn more, visit www.capco.com or follow us on Twitter, Facebook, YouTube, LinkedIn and Instagram. Contacts

Media: BackBay Communications capco@backbaycommunications.com

Dontzin Nagy & Fleissig Elects Gregory N. Wolfe To Its Partnership





NEW YORK--(BUSINESS WIRE)--Dontzin Nagy & Fleissig is pleased to announce that Gregory N. Wolfe has been named a partner.

A complex commercial litigation generalist, Greg represents plaintiffs and defendants in matters involving securities, mergers and acquisitions, corporate governance, class actions, RICO, antitrust, trade secrets, employment, patents, and multijurisdictional regulatory regimes. He works with a range of clients that include private equity firms, hedge funds, investors, pharmaceutical companies, real estate firms, energy companies, inventors, executives, and cryptocurrency leaders.

“Greg is an aggressive and dynamic trial lawyer who has a demonstrated track record of success delivering top-notch results for clients. We are really pleased to welcome him as our newest partner,” said Matthew S. Dontzin, the firm’s founding partner.

Greg earned his J.D. from Columbia Law School, where he was a Harlan Fiske Stone Scholar and an editor of the Columbia Law Review . He earned his B.A. from Cornell University, cum laude.

Based in New York, Dontzin Nagy & Fleissig is an elite litigation boutique that regularly represents plaintiffs and defendants in high-stakes litigation in state and federal courts and arbitrations throughout the United States, as well as in jurisdictions around the globe. We are often retained by clients, including shortly before trial, to help secure victory in their most important disputes. We do not specialize in any single practice area or discipline—instead, like the judges and juries we seek to persuade, we handle cases in all subject areas. Contacts

Peter Pochna Rubenstein ppochna@rubenstein.com

SIMBA Chain and AFICC Form Historic Partnership to Streamline Federal Access to Blockchain Solutions





SOUTH BEND, Ind.--(BUSINESS WIRE)--The Air Force Installation Contracting Center (AFICC) and SIMBA Chain have formed a historic partnership through a Basic Ordering Agreement (BOA) that allows Federal agencies to access SIMBA Chain's Phase III Small Business Innovation Research (SBIR) capabilities via the AFICC.

Through the new BOA, which extends through March 2024, Federal clients seeking detailed data support for decision-making can swiftly access SIMBA Chain's state-of-the-art web3 development platform. The proprietary software enables users to build highly reliable and versatile blockchain-based applications using traditional programming practices.

SIMBA Chain is effectively used by enterprises and government organizations to develop applications for areas such as : Supply Chain Management Financial Accountability Medical Data Manufacturing

In the words of Bryan Ritchie, CEO of SIMBA Chain, "This BOA is a game-changer for Federal agencies, as it streamlines the process of accessing SIMBA Chain's Phase III SBIR capabilities. We have enjoyed collaborating with AFICC to establish this BOA and appreciate their efforts to make sophisticated blockchain technology accessible to all Federal agencies.”

Since its establishment, SIMBA Chain has been at the forefront of developing cutting-edge blockchain solutions for various branches of the US military, federal departments, and corporations such as Boeing. These solutions have proven to be highly effective in streamlining supply chain management, increasing accountability and strengthening financial oversight, all while reducing costs associated with intermediaries and development. With the recent award of the BOA, an even wider range of government agencies will be able to improve their operations and gain unparalleled visibility into their supply chains and financial operations.

SIMBA Chain

Incubated at the University of Notre Dame in 2017, SIMBA Chain (short for Simple Blockchain Applications) is a fully integrated development platform that government agencies use to bridge and connect to Web3. SIMBA Blocks is at the core of this offering, abstracting the complexities of blockchain development to make Web3 accessible to all.

SIMBA Blocks is a fully integrated platform that addresses governments' unique challenges when implementing blockchain-based solutions. From resilient information sharing and rapid decision-making to military supply chains, SIMBA’s exceptional network performance and robust security features safeguard government data systems.

The robust platform delivers a low-configuration environment that auto-generates REST APIs capable of connecting to smart contracts on multiple blockchain protocols. With the ability to choose and migrate between public, private, and hybrid chains, governments can optimize their blockchain applications while future-proofing Web3 investments. Most importantly, as a government-proven platform, SIMBA Blocks ensures blockchain-based applications interact seamlessly with legacy systems across public and private domains. Learn more: https://simbachain.com/industries/government/ Contacts

Maryam Mahjoub press@simbachain.com

Annual Bitwise/VettaFi Survey Finds 60% of Financial Advisors Are Long-Term Bullish on Crypto Despite Volatile Market





Advisors allocated to crypto in client accounts near all-time high levels, while citing limited access and uncertainty as challenges, according to the fifth annual benchmark survey.

SAN FRANCISCO--(BUSINESS WIRE)--Bitwise Asset Management, the world’s leading crypto index fund manager, and VettaFi, a leading data-driven ETF platform, today released the findings of the fifth annual Bitwise/VettaFi 2023 Benchmark Survey of Financial Advisor Attitudes Toward Crypto Assets. The survey found that, despite the sharp market correction of 2022, financial advisors remain highly engaged in crypto markets, with 15% allocating in client accounts and 90% receiving inbound questions from clients about the space.

Crucially, the survey also showed that a majority of advisors have clients who invest in crypto outside of their advisory relationship. One reason is access: Only 29% of advisors reported being able to access crypto in client accounts, with the rest being blocked by company policy. This presents a key opportunity for improved access to this space to enable advisors to better serve their clients.

Among the key findings:

Short-Term Bearish, Long-Term Bullish

Sixty-three percent of respondents believe that the price of bitcoin will fall this year. But 60% think it’ll be higher in five years.

Crypto Allocation Held Steady, Despite Market Volatility

Fifteen percent of advisors reported allocating to crypto in client accounts in this past year. That’s roughly even with last year’s survey (16%), and far ahead of 2021 (9%) and 2020 (6%).

Client Interest Remains Strong

Ninety percent of advisors received a question about crypto from clients last year. Despite market performance, the most common question was: “Should I consider an investment in crypto?”

Once Invested, You Tend To Stay Invested (Or Invest More)

Despite market volatility, 78% of advisors who currently have an allocation in client accounts plan to either maintain or increase that exposure in 2023.

Access Is a Barrier to Adoption

Only 29% of advisors said they can buy crypto in client accounts. Among that group, 52% currently allocate on behalf of clients, showing how important access is.

A Major Business Opportunity

Fifty-nine percent of advisors said “some” or “all” of their clients were investing in crypto on their own, outside of the advisory relationship. This is a major business opportunity for advisors … and an area where advisors can help clients make smarter choices.

Crypto Equity ETFs Dominate Advisor Interest

“Crypto equity ETFs” were advisors’ top choice when asked what exposure they were most interested in allocating to in 2023. …

"The survey is a reminder that crypto is one of the best business development opportunities in the financial advisor market," said Matt Hougan, Chief Investment Officer for Bitwise Asset Management. "Ninety percent of advisors report fielding questions from clients, and a majority say they have clients who invest in crypto outside the advisory relationship. 2023 is the year to bring those investments in-house."

“Advisors and their end clients continue to want to learn more about crypto investments despite the volatility incurred in 2022,” said Todd Rosenbluth, Head of Research for VettaFi. “For those with a long-term focus, interest remains high."

Over 400 financial advisors answered a series of questions on crypto assets and their use in client portfolios. Survey respondents included independent registered investment advisors, broker-dealer representatives, financial planners, and wirehouse representatives from across the U.S. This is the fifth consecutive year that Bitwise and VettaFi have partnered on the survey.

Complete findings of the survey are available in the report here .

About Bitwise

Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers. The firm is known for managing the world’s largest crypto index fund (OTCQX: BITW) and pioneering products spanning Bitcoin, Ethereum, DeFi, and crypto-focused equity indexes. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing, coming from firms including BlackRock, Blackstone, Meta, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron’s, Bloomberg, and The Wall Street Journal. For more information, visit www.bitwiseinvestments.com .

About VettaFi

VettaFi, a data, analytics, and thought leadership company, is transforming financial services from an industry to a community—one relationship at a time. Engaging millions of investors annually, VettaFi cultivates an industry leading data-driven ETF platform, built to empower and educate the modern financial advisor and institutional investor. In addition to providing interactive online tools and research, VettaFi offers asset managers an array of indexing and digital distribution solutions to innovate and scale their businesses. For more information, visit www. vettafi.com .

Important Disclosures

The opinions expressed herein are intended to provide insight or education and are not intended as individual investment advice. Bitwise does not represent that this information is accurate and complete and should not be relied upon as such.

Certain of the Bitwise investment products may be subject to the risks associated with investing in crypto assets, including cryptocurrencies and crypto tokens. Because crypto assets are a new technological innovation with a limited history, they are a highly speculative asset. Future regulatory actions or policies may limit the ability to sell, exchange or use a crypto asset. The price of a crypto asset may be impacted by the transactions of a small number of holders of such crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price.

Prior to making any investment decision in respect of any Fund or Shares of any Fund, each investor must undertake its own independent examination and investigation of the Fund, including the merits and risks involved in an investment in the Fund or Shares, and must base its investment decision, including a determination of whether the Fund would be a suitable investment for the investor, on such examination and investigation and must not rely on Bitwise or the Funds in making such investment decision. Prospective investors must not construe the contents of this communication as legal, tax, investment, or other advice. Each prospective investor is urged to consult with its own advisors with respect to legal, tax, regulatory, financial, accounting and similar consequences of investing in any Fund, the suitability of the investment for such investor and other relevant matters concerning an investment in any Fund. Contacts

Media Contact Frank Taylor/Ryan Dicovitsky Dukas Linden Public Relations Bitwise@DLPR.com

Tassat CEO Kevin R. Greene to Speak at Bank Director’s 2023 AOBA Conference in Phoenix





NEW YORK--(BUSINESS WIRE)--Kevin R. Greene, Chairman and CEO of Tassat® Group Inc. , the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, will speak at Bank Director’s 2023 Acquire or Be Acquired Conference scheduled for January 29th through the 31st in Phoenix, AZ. Other members of Tassat’s executive leadership team, including Carol Hartman, Ryan Moore, Ned Thompson, and Amy Crate will also be in attendance.

Greene will lead a 20-minute presentation entitled “Using Blockchain Technology to Innovate and Gain a Competitive Advantage in Commercial Banking” at 2:20 PM EST on January 30, 2023. Other notable AOBA speakers include: David Feaster, Vice President at Raymond James Financial, Inc.; John Draper, Director at PwC; and Musi Qureshi, Partner at PwC.

“Corporate CEOs, CFOs and Treasurers want the same type of convenience and 24/7/365 availability for their B2B payments that they routinely enjoy when paying for personal expenditures at home—but they also want their B2B payments to be secure, efficient, and integrated into their treasury management systems,” Greene said. “Banks that have demonstrated the ability to meet these needs are enjoying increased deposits, relationships, and market share. Once business executives experience this superior solution, they invite their clients and vendors to utilize it, and they do not return to banks that only provide legacy solutions.”

TassatPay®, the only private permissioned blockchain-based B2B payments platform fully deployed within the U.S. banking regulatory system, provides secure, real-time payment capabilities 24/7/365. It also enables banks to utilize comprehensive Smart Contract capabilities and fully integrated Fedwire functionality. To date, TassatPay has processed more than $800B in transactions.

Among the banks that have adopted TassatPay to date are Western Alliance Bank , Signature Bank, Customers Bank , Axos Bank , Byline Bank , and Cogent Bank .

Additionally, Tassat launched The Digital Interbank Network in October 2022. The Digital Interbank Network is the world’s first blockchain-based, real-time B2B payments network operating entirely within the existing regulatory framework of the U.S. banking system. The Network’s members include only FDIC-insured banks transacting real-time payments and performing other banking services between commercial customers—24 hours a day, 365 days a year, via a private permissioned blockchain. The Network enables banks to offer a virtually unlimited range of secure, real-time services to their customers, including instantaneous blockchain-based payments, Fedwire integration and Smart Contracts. The Network is a highly secure, private permissioned blockchain-based payment instruction and settlement platform that is accessible only by member banks.

About Kevin R. Greene

In addition to serving as Tassat’s Chairman and CEO, Kevin R. Greene serves as a Managing Partner of James Alpha Management, an investor in Tassat.

Prior to joining James Alpha, Greene served as Chairman and CEO of Capital Resource Holdings, LLC, the holding company parent of CRA RogersCasey, one of the nation’s leading pension consulting firms. He previously founded Bryant Park Capital, a privately held investment bank specializing in private equity financing and mergers and acquisitions for both private and public companies in the U.S. and Europe. Since 1991, Greene has served as the Chairman and CEO of KR Group, an international consulting and investment banking firm, which he founded. His early career included positions as a Senior Consultant with McKinsey & Co., and as a Senior Commodities Analyst with E.F. Hutton.

Greene holds a B.A. degree in Economics (with distinction) from Georgetown University, a master’s degree in Public Policy (Kennedy Scholar) from Harvard University and an MBA in Finance from New York University. Greene is a former Chairman of the Young Presidents’ Organization’s Manhattan chapter and has served on many public and private boards.

About Tassat Group

Tassat Group Inc. is a N.Y.-based technology company that is the leading provider of private blockchain-based, real-time solutions for commercial banks including TassatPay, which enables banks to provide their customers with instantaneous, secure, real-time payments 24/7/365. TassatPay has become the most trusted blockchain-based platform for the banking industry and its B2B customers with more than $800B in secure, real-time transactions to date. Tassat has added Smart Contracts and Fedwire functionality to make TassatPay a one-stop shop for B2B Payments. Tassat was honored with a 2021 Google Cloud Customer Award for innovation in financial services. For more information, visit us at www.tassat.com , on Twitter or on LinkedIn . Contacts

Media: Nneka Etoniru Bevel 1 (774) 627-0135 tassat@bevelpr.com

Intuit TurboTax Releases TurboTax Tax Trends Report



Report reveals Millennials and Gen Z continue to lead the charge in job-hopping, while cryptocurrency transactions were highest among mid-20 and 30-somethings

SAN DIEGO--(BUSINESS WIRE)-- TurboTax , from Intuit (NASDAQ: INTU), the global financial technology platform that makes TurboTax , Credit Karma , QuickBooks and Mailchimp , releases the TurboTax Tax Trends Report, providing a retrospective look at how finances are evolving in America from 2020 through 2021 tax filing years.

The TurboTax Tax Trends Report analyzes data spanning major financial areas including income and inflation, employment, and cryptocurrency . Notably, the report uncovered that Gen Z and Millennials changed employers at a higher rate in 2021 compared to other generations. Meanwhile, 4.5% of Gen Z and millennials in the 25 to 34 age group of single filers included cryptocurrency sales transactions in their returns, compared to 2.9% overall.

“The tax return is a window into consumer life and it provides insights into generational shifts, the macro-economic world, and premonition on upcoming trends,” said Varun Krishna, EVP & General Manager, Consumer Group at Intuit. “In the US, we are seeing Gen Z and Millennials rewriting the script on consumer finance. They are actively job-hopping and are investing more than other generations in areas like crypto. This report shines a light on the emerging consumer finances trends that we as an industry need to solve."

KEY FINDINGS: Income Growth The median Adjusted Gross Income for U.S. tax returns was $46,000, a 10.2% increase in 2021 compared to 2020. The gains are highly dependent on filing status and life stage, and are dampened when considering inflation. When adjusting for inflation, the median income saw a 5.3% increase year-over-year. Employment Millennials and Gen Z are leading when it comes to changing employment . Employer relationships become more stable with age. 73% of employed, single tax filers between the ages of 18 and 24 had at least one change of employer in 2021, compared to 33.2% of those between 45 and 54. Cryptocurrency 2.9% of returns overall included cryptocurrency transactions for 2021. Inclusion varied by age group. At its highest for single filers, 4.5% in the 25 to 34 age group included cryptocurrency sales transactions in their returns for 2021. 16% of Americans say they have invested in, traded or used cryptocurrency, according to a Pew Research Center survey. Tax Season 2023 Insights In addition to key data insights, the report also provides important tax education and advice related to the findings in the study, which can help taxpayers plan for the future and save money on their 2023 taxes.

The TurboTax Tax Trends Report analyzes aggregate and anonymized Federal income tax return data from more than 16 million Intuit TurboTax users, in compliance with U.S. tax regulation requirements. To further ensure customer privacy, results are only shown when there are at least 1,000 customers included in any level of aggregation. The report offers a robust, and data-driven view into the state of personal and household economics in the United States.

Visit TurboTax Tax Trends Report for a comprehensive look back at the most recent tax year 2021, and our methodology for compilation.

TurboTax Innovation and Resources

Whether taxpayers experienced shifts in employment, added a side gig, or invested in cryptocurrency, TurboTax has tools, resources and tax experts available to help people navigate the implications these changes have on their tax situation.

Accelerating product innovation to address these shifts, TurboTax provides enhanced guidance and resources for investor and cryptocurrency filers, with a focus on more easily understanding, navigating and reporting any gains or losses. TurboTax will help customers get an analysis of their portfolios to highlight any investment losses to make sure any losses are being offset against gains to lower taxes owed. Investors can also get a snapshot of their investments all in one place whether they invest utilizing a combination of investment apps and more traditional financial institutions. And a free intelligent optimization outcome tracker will track their portfolio year round.

With the rise in Gen Z and Millennials that have changed employers, TurboTax will help filers adjust their paycheck withholdings using a Form W-4 , to align with whether they want a bigger tax refund or more money in their paychecks. TurboTax has also added additional guidance and resources for those earning income outside of a W-2, including those in the creator economy , with side gigs and small businesses.

ABOUT INTUIT

Intuit is the global financial technology platform that powers prosperity for the people and communities we serve. With more than 100 million customers worldwide using TurboTax , Credit Karma , QuickBooks , and Mailchimp , we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit , our products and services, and find us on social . Contacts

Lisa Greene-Lewis Lisa_Greene-Lewis@intuit.com

Mythical Games Announces Launch of New Marketplace and Acquisition of DMarket



Making Mythical the Second-largest Blockchain Processor of Digital Assets behind Ethereum

LOS ANGELES--(BUSINESS WIRE)--Mythical Games, the next-generation gaming technology studio, has launched Mythical Marketplace 2.0 following the acquisition of marketplace tech start-up DMarket, as part of its continued commitment to innovation in gaming. The new marketplace is built on Mythical’s new layer 1 EVM blockchain and powered by the Mythos native ecosystem token, MYTH. The acquisition is a significant milestone for Mythical Games, with DMarket’s tech facilitating the most advanced trading platform for digital assets. It makes Mythical the world’s second-largest processor of digital assets on a distributed ledger after the Ethereum mainnet, as of December.

Mythical’s Marketplace 2.0 has fully integrated DMarket’s technology to feature principles of its blended payment gateway, featuring a powerful AML and anti-fraud protection system built on more than a decade of industry experience. Combined with Mythical’s expertise in gaming and digital assets, Marketplace 2.0 provides a frictionless user experience that enables peer-to-peer transactions and empowerment for gamers looking to participate in the play-and-own gaming economies of the future. The Mythical Chain has been live for six weeks, processing over 2 million transactions.

“We founded Mythical Games in 2018 with the idea of ushering in both the next generation of gaming and the next generation of gamers. Half a decade later, we’re continuing to do just that. Mythical’s Marketplace 2.0 was designed to not only enhance our platform but, more importantly, improve the player experience and set the standard for the future of gaming,” said John Linden, co-founder and CEO, Mythical Games. “All too often, developers tout features as ‘seamless’ and ‘integrated’ when discussing gaming or metaverse projects. In reality, these solutions are still very complicated and not made for gamers. But with these monumental steps forward, Mythical will provide users with an experience that delivers on both.”

Marketplace 2.0 will support NFL Rivals and Nitro Nation World Tour assets, with plans to expand to all Mythical titles on the Mythical Chain. Assets on the Mythical Chain will be entirely governed by smart contracts with both ownership and commerce logic enforced on a secure distributed digital ledger.

“The new horizons of the gaming space have always been the main focus for DMarket. We’re excited to become a part of Mythical Games' work to reduce barriers to entry for innovative game developers and thriving new economies,” said Vlad Panchenko, co-founder and CEO of DMarket. “We share a vision of how the industry will evolve and how we all can contribute and bring more fun to the gaming community worldwide.”

DMarket’s office in Kyiv, Ukraine, becomes part of Mythical East , with its headquarters in Lisbon, Portugal. Its co-founders, Vlad Panchenko and Tamara Slanova, will become part of Mythical’s Executive leadership team, with a particular focus on building the best and easiest marketplace technology for the gaming industry.

DMarket has also adopted the Mythical Chain for its existing marketplace, which will continue to operate outside of the Mythical Marketplace. DMarket.com will retain the familiar experience with purchases in USD in the web experience; however, all trades are recorded on the Mythical Chain to provide full transparency to the community.

For more information on Mythical Games’ Marketplace 2.0, visit http://mythical.market .

About Mythical Platform

Mythical Platform can be added to pre-existing game economies or built into the design of a new game from the ground up, and enables management of digital asset trades, payments, users, and inventory management, making it possible for buyers and sellers of digital assets to transact confidently in an environment founded on transparency, security, trust and value. Mythical Marketplace provides seamless integration to game inventory and offers fraud protection, fee optimization, and soon asset bundling and buyer and seller pricing recommendations. Mythical partners will also have access to proprietary intelligence, market design and market intervention tools that enable easy and safe digital asset transactions.

About Mythical Games

Acknowledged by Forbes’ Disruptive Technology Companies to Watch in 2019 and Fast Company’s World Changing Ideas 2021, Mythical is a next-generation games technology company creating a gaming ecosystem by leveraging tradeable digital assets for tools that enable players, creators, artists, brands and game developers to become stakeholders and owners in new creator-focused game economies.

Led by gaming industry veterans, the team specializes in building games around player-owned economies and has helped develop major franchises, including Call of Duty, World of Warcraft, Guitar Hero, DJ Hero, Marvel Strike Force and Skylanders.

About DMarket

DMarket is the biggest marketplace for trading gaming and esports digital assets. Based on the Newzoo report , it is also one of the top three blockchain-based marketplaces worldwide. The company was founded in 2017 by serial entrepreneurs Vlad Panchenko and Tamara Slanova. DMarket's partners and customers include Darewise, GSC Game World, the Na’Vi esports team, Unity, Xsolla, and others. Contacts

Nate Nesbitt nate.nesbitt@mythical.games

Fluree Announces Partnership with Fabric — Giving Consumers Control Over Personal Data-Sharing with Brands



Fintech startup Fabric pays consumers simply for watching ads Using Fluree technology, Fabric verifies users are real people — not bots — which solves for identity fraud, transparency and trust for consumers and advertisers Fabric is pioneering a new category of “data rewards” or cash back for consumer data and engagement that offers the opportunity to supplement existing income to anyone looking for a side hustle

WINSTON-SALEM, N.C.--(BUSINESS WIRE)-- #Application -- Fluree , a company headquartered in Winston-Salem, North Carolina, which has developed a graph ledger database and data pipeline toolset for trusted-, interoperable-, secure-data management and sharing, today announced a partnership with Fabric .

Fabric is a fintech company based in Santa Monica, California, which uses Fluree technology to enable consumers to control and monetize their own personal data. Fabric removes “middleman” companies such as Facebook and Google that currently collect consumer data and sell it to advertisers without express permission of the individuals in question. That system has exploited people for years, benefitting corporations at the expense of those whose data they’re using.

“Fabric is an example of exactly the type of use case we envisioned when we founded Fluree,” said Brian Platz, Fluree co-founder and CEO. “We are looking to create a world where people can control their own data and use it as they wish. With Fluree’s trusted ledger database, Fabric has built a business that seamlessly helps to improve the relationship between regular people and the brands appealing to them. Fluree seeks to work with disruptive organizations looking to build new applications and services that make data more sovereign and business models more equitable.”

Consumers who sign up with Fabric receive payment from brands in exchange for sharing their data and providing feedback. It is pioneering a new category of “data rewards” in the form of cashback for consumers by merging social e-commerce and banking into one app. Consumers earn cash back by watching advertisements, racking up dollars on a Fabric-provided debit card.

Fluree’s blockchain data ensures advertisers know their consumers are real — eliminating fraud — while simultaneously cryptographically protecting the identities of those consumers. That same Fluree blockchain technology allows consumers to sell their personal data to advertisers they choose. The interplay between those two groups creates Fabric’s dual-sided ad marketplace.

Fabric appeals to anyone looking for a side hustle to supplement their income: social-media users, full-time parents, Gen Z members, millennials and others. In the future, Fabric also will be available to those younger than 18 who receive verifiable permission from parents.

“Fluree’s unique data management platform unlocks new opportunities for startups like Fabric that are disrupting traditional business models,” said Paul Taylor, Fabric founder and CEO. “Fluree’s technology enables Fabric to operate in a fraud-free environment, making us a perfect example of a startup that can disrupt status quo middleman-intensive industries.”

Fluree’s merger with ZettaLabs, announced in September, has expanded the company’s offerings , particularly in data management, and positioned the company well for rapid expansion next year in the global data management market. Fluree in December also announced Peter Serenita as the inaugural member of its advisory board.

Fluree’s products include its secure graph ledger database product Fluree Core , perfect for new projects that need digital trust and distributed data collaboration. For companies steeped in legacy infrastructure grappling with disparate data sets, data silos and outdated data-governance systems, Fluree’s product Fluree Sense will guide them toward a modern data architecture.

The company continues its mission of building data-centric infrastructure for its Web3 customers, enabling the power of digital trust for new applications in verifiable credentials, enterprise blockchain and decentralized-data management. Fluree also continues to assist enterprise organizations in data transformation journeys for upgrading legacy infrastructure into collaborative modern data platforms. The company seeks to help all its customers by providing data-centric architecture that simplifies governance, consolidates security and provides secure access to clean and linked data for a diverse range of data consumers.

To learn more about Fluree, please go to https://flur.ee/ .

About Fluree

Co-founded in 2016 by CEO Brian Platz and Executive Chairman Flip Filipowski, Fluree PBC is headquartered in Winston-Salem, North Carolina. Fluree is pioneering a data-first technology approach with its Web3 data management platform and AI-powered data-transformation pipeline. It guarantees data integrity, facilitates secure data sharing and powers data-driven insights. The Fluree platform organizes blockchain-secured data in a scalable semantic graph database — establishing a foundational layer of trusted data for connected and secure data ecosystems. The company’s foundation is a set of W3C semantic web standards that facilitate trusted data interoperability. Fluree currently employs 50. For more information, follow Fluree on Twitter or LinkedIn , or visit flur.ee . Contacts

Treble Monique Beals fluree@treblepr.com

Block to Announce Fourth Quarter and Full Year 2022 Results





DISTRIBUTED-WORK-MODEL/SAN FRANCISCO--(BUSINESS WIRE)--Block, Inc. (NYSE: SQ) will release financial results for the fourth quarter and full year of 2022 on Thursday, February 23, 2023, after market close. Block will also host a conference call and earnings webcast at 2:00 p.m. Pacific Time/5:00 p.m. Eastern Time on the same day to discuss these results. To register to participate in the conference call, or to listen to the live audio webcast, please visit the Events & Presentations section of Block’s Investor Relations website at investors.block.xyz . A replay will be available at the same website following the call.

About Block

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution. Contacts

Media Contact press@block.xyz

Investor Relations Contact ir@block.xyz

Coinbase Announces Date of Fourth Quarter and Full Year 2022 Financial Results





REMOTE FIRST COMPANY/MIAMI--(BUSINESS WIRE)--Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its fourth quarter and full year 2022 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Tuesday, February 21, 2023, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.

Starting on February 14 at 9:00 a.m. PT, all shareholders will be able to submit and upvote questions for Coinbase management by visiting here . This Q&A platform will remain open until 24 hours before the earnings call. Shareholders can email support@saytechnologies.com for any support inquiries.

To register for the webcast, please use this link . A live webcast of the call will be available on the Investor Relations website at investor.coinbase.com . Following the call, a replay of the call, as well as a transcript, will be available on the same website.

Disclosure Information

Coinbase uses the investor.coinbase.com and blog.coinbase.com websites, as well as press releases, public conference calls, public webcasts, our Twitter feed (@coinbase), our Facebook page, our LinkedIn page, our YouTube channel, and Brian Armstrong’s Twitter feed (@brian_armstrong) as means of disclosing material non-public information and for complying with our disclosure obligations under Regulation FD.

About Coinbase

Coinbase is building the cryptoeconomy – a more fair, accessible, efficient, and transparent financial system enabled by crypto. The company started in 2012 with the radical idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, Coinbase offers a trusted and easy-to-use platform for accessing the broader cryptoeconomy. Contacts

Press: press@coinbase.com

Investor Relations: investor@coinbase.com

GFT Appoints CEO Americas Following 54% Increase in US Growth





The Digital Transformation Company Appoints Marco Santos as CEO Americas to Guide Banks, Insurers and Manufacturers Through Large-Scale Digitalization Initiatives

NEW YORK--(BUSINESS WIRE)--As global spending on digital transformation increases, the U.S. has emerged as a clear frontrunner, with spending over the next five years accounting for nearly 35% of the worldwide total . While most American companies are clear about the need to undergo transformation, few can afford the mistake of going it alone.

Global digital transformation company GFT is strengthening its presence in the Americas to deliver on these digital aspirations. The company has spent more than 35 years guiding banks, financial institutions, insurers and manufacturing companies in 15 countries as they transition away from legacy systems and introduce digital, cloud-based infrastructures. Now, following a 54% year-over-year increase to its U.S.-business in Q3 2022 , GFT is bringing together its operations in the U.S., Brazil, Canada, Costa Rica and Mexico. The newly-consolidated Americas region will serve both companies that operate in multiple regions across the Americas, as well as those that operate in a single region.

Seasoned GFT Executive to Oversee Entire Americas Region

The company has appointed Marco Santos as its new CEO Americas to spearhead this mission. Since starting with the company in 2011, Santos has been at the center of GFT’s South American growth, previously serving as GFT’s CEO U.S. and Latin America. He was responsible for breaking into the Brazilian market and growing its team from zero to 1,800 professionals. Santos subsequently introduced a nearshoring offering for GFT’s U.S. and Canadian client bases with delivery centers in Mexico and Costa Rica, where the company has created 500 new job posts for the local economy.

“American companies are no longer intimidated by the idea of digital transformation. In fact, as their spending patterns show, it’s an extremely appealing investment,” said Marco Santos, CEO Americas at GFT. “But what we find often gets lost in the digital transformation journey is the long-term reason for doing so.”

Nearshoring and Offshoring, Consulting and Implementation, All Under One Roof

GFT’s regional delivery centers, paired with the company’s international expertise and longstanding partnerships with technology leaders such as AWS, Google Cloud, Microsoft Azure, Thought Machine, LemonEdge and Guidewire put the company in a unique position to compete with both American-born consultancies and international offshoring options.

GFT provides both consultation and implementation of digital projects under one roof. The company has more than 10,000 employees worldwide , equipping it with the deep technological knowledge and diverse skill set necessary at each stage of clients’ transformation lifecycles, from vision to implementation.

From Legacy to Leader

Santos continued, “American companies in traditional industries often don’t realize that it’s possible for them to lead in a digital world that seems to be moving forward without them. We’re offering them a new perspective that goes beyond simply replicating the advancements of digital challengers. By shifting this mindset from the start, they’re able to not only keep up with the rest of the industry, but outpace their competitors altogether.”

As CEO Americas, Santos will continue overseeing GFT’s work to guide sustainable digital transformation including everything from cloud migration and core system modernization, to the introduction of carbon-conscious coding.

This press release is also available for download via the GFT newsroom

About GFT – Shaping the future of digital business

GFT is a global digital transformation company that introduces business agility at scale for the world’s leading finance, insurance and manufacturing companies. With over 35 years of experience, 10,000 employees and a presence in 15 countries worldwide, companies rely on GFT to transform their digital visions into tangible realities. GFT’s sustainable approach to digital transformation includes everything from migration to open cloud platforms and core system modernization, to the introduction of carbon-conscious coding and new technologies such as artificial intelligence and blockchain/DLT.

As one of the largest implementation partners for trusted cloud solutions including AWS, Google Cloud, Salesforce, Thought Machine and Guidewire, GFT is reimagining companies’ legacy infrastructures to take advantage of digital opportunities and digital customers.

The GFT Technologies SE share is listed in the SDAX index of the German Stock Exchange (ticker: GFT-XE).

www.gft.com/us/en www.blog.gft.com www.linkedin.com/company/gft-north-america www.twitter.com/gftnorthamerica Contacts

Katherine Lee Head of Marketing GFT USA GFT Technologies SE 261 Madison Avenue, 19th Floor New York, NY 10016 USA T 1 516 402 2014 marketing.us@gft.com www.gft.com

Wilshire Announces Partnership With FalconX as Its Preferred Digital Asset Index Product Provider



New single-, multi-coin and thematic indexes offer seamless spot and swaps trading

LONDON & SANTA MONICA, Calif.--(BUSINESS WIRE)-- Wilshire , a leading global financial services firm committed to enhancing and modernizing the way that indexes are built, maintained and licensed has entered a partnership with FalconX to develop a range of single-coin, multi-coin and thematic indexes, providing institutional investors with access to the fast-growing OTC crypto derivatives market and enhanced ability to conduct safe and regulated trading.

As of December 30, 2022, the circulating value of Digital Assets was $832.1 billion according to the FT Digital Asset Dashboard , and currently there are over 10,000 active digital assets in existence, moving far beyond cryptocurrencies.

FalconX believes institutional rigor and seamless access to digital assets will remove the pitfalls of market fragmentation, price discovery and unreliable market data. The team also believes cryptocurrencies will become a secondary consideration when compared to the underlying cryptography technology which will be the key investment opportunity in the near future, especially as the benefits of tokenization are realized.

Aligned to this thinking, Wilshire began developing institutional grade products to ensure robust pricing, settlement fixing, and a taxonomy system (“DATS”). DATS forms the core foundation to the creation of Wilshire’s digital asset offering. Since its initial launch of Digital Asset indexes in 2020, Wilshire has now launched over 70 single-coin, multi-coin and themed digital asset indexes, with DATS classifying over 1,300 digital assets, the broadest digital asset coverage in the market today.

Mark Makepeace , Chief Executive Officer, Wilshire said, “We are delighted to have been chosen by FalconX as their preferred digital assets index provider. As innovators in the market, we aim to help institutional investors realize the benefits of new digital forms of investment and blockchain technologies while providing the products that meet the most stringent institutional requirements to access this emerging asset class with confidence.”

Raghu Yarlagadda , Chief Executive Officer and co-founder at FalconX, said, “The crypto derivatives ecosystem is at a critical growth juncture and as we have solidified our leadership position in giving institutional investors access to OTC crypto derivatives, we want to strengthen our offering by working with Wilshire, a market leader in digital asset index design.”

About Wilshire

Wilshire offers a wide range of discretionary and advisory multi-asset class and alternative investment solutions, market-leading indexes such as the FT Wilshire 5000, and investment decision support tools. Founded in 1972, Wilshire advises on nearly $1.2 trillion and manages $79 billion in assets. Wilshire serves more than 500 institutional and financial intermediary clients from 9 offices around the world.

More information on Wilshire can be found at www.wilshire.com .

About FalconX

FalconX is a fully comprehensive digital asset platform that allows institutions to access and manage all of their crypto strategies through a single interface and seamless workflows, making it easy to execute trading, credit and clearing all in one place. FalconX's crypto-as-a-service offering powers leading banks, FinTech institutions, and investment applications to easily add crypto to their product offerings with a goal of enabling the next billion users to enter the crypto space. The company is backed by investors including Accel, Altimeter Capital Management, American Express Ventures, Coinbase Ventures, Lightspeed Venture Partners and Tiger Global Management. FalconX has offices in Silicon Valley, New York, Chicago, Bengaluru, and Malta. For more information visit falconx.io or follow them on Twitter and LinkedIn.

More information on FalconX can be found at www.falconx.io . Contacts

pro-wilshire@prosek.com T +1 805 256 5674

Embedded Finance, Web3 and ESG Lead 2023 Fintech Investment Amid Recessionary Pressures, according to FIS® Global Innovation Report





Key facts A global study of 2,000 executives at firms across markets revealed plans to increase investment in embedded finance, environmental, social, and governance (ESG) frameworks, and decentralized finance in 2023, including cautious optimism towards cryptocurrency. 44% of financial services firms’ executives across the globe say they will invest significantly in developing embedded finance products in 2023 as consumers demand more convenient ways to pay, bank and invest. Nearly two-thirds (61%) of all non-financial services executives told FIS it will be strategically important to have a presence in the metaverse in the next three years. ESG is top of mind for financial services firms globally, with 60% of executives saying they are developing new ESG products and services.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--New research released today from FIS ® (NYSE: FIS), a global leader in financial services technology, reveals global c-suite executives plan to invest significantly in Web3, environmental, social, and governance (ESG) frameworks and embedded finance in 2023, as companies look to fintech innovation to fuel growth despite economic uncertainty.

The inaugural 2023 Global Innovation Report asked c-suite and senior executives in financial services (banks, insurers, capital markets firms, and fintechs) and non-financial businesses (retail, restaurants, travel, gaming and digital content, and technology providers) globally about their key areas of financial investment in 2023.

According to the study, most executives across the globe say they expect a major or moderate impact from the following areas of fintech in the coming year: ESG (84%), embedded finance (84%), decentralized finance (DeFi) (82%), the metaverse (80%) and cryptocurrencies (77%).

These projections are largely mirrored by U.S. executives, who expect innovation in these spaces to impact their business in 2023: ESG (83%), DeFi (82%), embedded finance (81%), the metaverse (78%) and cryptocurrencies (78%).

“ As the threat of a global economic slowdown looms and businesses look for ways to thrive through the downturn, it is evident that unleashing growth requires focus, top-down executive support, a culture of innovation, and collaboration to anticipate and shape to consumer demand,” said Himal Makwana, Global Head of Product Strategy & Web3 at FIS. “ Our findings show that many executives see decentralized finance, web3 infrastructure, digital assets and currencies as critical components of their long term strategy, both from a defensive and offensive perspective, to help lead the way into this next phase of the digital revolution.”

U.S. Firms are Planning for Digital Assets and Next Generation Internet

The next generation of the Internet, referred to as Web3, centers around decentralized infrastructure like blockchain technology and includes innovations such as cryptocurrency, DeFi, and the metaverse. According to new FIS research, the U.S. is keeping pace with other countries’ investment in Web3 as organizations around the world look for the next growth opportunity. While nearly one-third (29%) of U.S. respondents expressed no interest today in developing cryptocurrency services, only 5% of financial services firms told FIS they do not anticipate offering such capabilities in three years’ time. Financial services firms cited a lack of ecosystem services to support crypto (29%), lack of interoperability between platforms (28%), and lack of clarity around regulations (26%) as key barriers to greater adoption within their organizations. Non-financial services firms shared similar concerns, however, 24% noted lack of crypto services from banks and other financial services providers as a barrier. Almost half of U.S. financial services firms (47%) recognized DeFi to be a major growth opportunity for their organization. There are concerns about DeFi, with 50% of financial services firms citing poor user experience as a barrier to adoption and 47% saying they need to better understand the risks involved before they will participate. 59% of financial services firms are actively researching potential opportunities in the metaverse, while 45% of non-financial businesses say it will be strategically important to have a presence in the metaverse in the next three years.

Embedded Finance to Empower U.S. Businesses in 2023

Embedded finance is when consumers have unique, tailored financial services delivered to them at their point of need by non-financial companies. Embedded payments are most familiar to consumers, enabling the speed and convenience of paying for goods and services in an app with just a single click. New use cases across banking, lending and investing are emerging and the drive to deliver embedded financial services is on the rise in the U.S. 36% of financial services firms will invest significantly in developing embedded finance products within 12 months, according to the study. Meanwhile, 59% of non-financial firms that see an impact from embedded finance on their business told FIS they will respond by increasing their tech or research and development budget this year.

ESG is Widely Seen as a Competitive Must-Have in the U.S.

ESG is the systematic consideration of environmental, social and governance factors alongside financial factors when making decisions about investments, business practices, and commercial relationships. If supported by the right technology, ESG can open new growth opportunities and competitiveness in the U.S. market. 56% financial services firms in the U.S. say ESG offers an opportunity to improve their competitiveness in the market. 60% of financial services firms told FIS they are developing new products and services. To address difficulties in accessing and analyzing their own ESG data, 56% of financial services firms say they are investing in technology to improve reporting and disclosures, giving clients more transparency into ESG scores and/or providing more granular ESG ratings of assets and securities.

Methodology

All data is based on a survey of 2,000 executives from financial services firms (banks, insurers, capital markets firms and fintechs) and non-financial services businesses (merchants, corporates and technology providers) in nine countries (Australia, Brazil, Canada Germany, Hong Kong, India Singapore, the U.K. and the U.S.). The survey was conducted by Longitude Partners on FIS’ behalf between July and September 2022.

About FIS

FIS is a leading provider of technology solutions for financial institutions and businesses of all sizes and across any industry globally. We enable the movement of commerce by unlocking the financial technology that powers the world’s economy. Our employees are dedicated to advancing the way the world pays, banks and invests through our trusted innovation, system performance and flexible architecture. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a member of the Fortune 500 ® and the Standard & Poor’s 500 ® Index. To learn more, visit www.FISglobal.com . Follow FIS on Facebook , LinkedIn and Twitter ( @FISglobal ). Contacts

For More Information Kim Snider, 904.438.6278 Senior Vice President FIS Global Marketing and Communications kim.snider@fisglobal.com

Global Carbon Credit Trading Platform Market Research Report 2022 Featuring Market Leaders - Nasdaq, CME Group, AirCarbon Exchange, Carbon Trade Exchange, and Xpansiv - ResearchAndMarkets.com





DUBLIN--(BUSINESS WIRE)--The "Global Carbon Credit Trading Platform Market by Type (Voluntary, Regulated), System Type (Cap and Trade, Baseline and Credit), End Use (Industrial, Utilities, Energy, Petrochemical, Aviation), and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The global carbon credit trading platform market is expected to reach USD 200.6 billion by 2027 from an estimated USD 67.3 billion in 2022, at a CAGR of 24.4% from 2022 to 2027.

As the drive to curb global warming gathers pace, carbon markets have become increasingly fundamental to achieving net-zero greenhouse-gas emissions. The carbon capture solutions are now leading the race against global heating, as they develop and deploy new, scalable, carbon capture technology that will enable us to stop the flow and remove the carbon dioxide already emitted.

Many companies are investing in trading carbon credits to help scale nascent carbon markets and create enduring value by safeguarding unique forest ecosystems and communities.

Regulated Carbon Market: The largest segment by type in the carbon credit trading platform market

Based on the type of carbon credit trading platform, the regulated carbon market segment is expected to exhibit the largest market share from 2022 to 2027.

The market is largely driven by mandatory national, regional, or international carbon reduction policies designed to achieve compliance with GHG emission reduction goals. Government strategy will dictate maximum emission limits (known as allowances or credits). Carbon emitters buy or sell carbon credits based on emissions generated with reference to their allowance limits.

Utilities: The largest segment by end use in carbon credit trading platform market

Utilities segment accounted for the largest share in the global carbon credit trading platform market, by end use segment. The dominance of this segment can be attributed to the high demand for electricity generation, which leads to high emissions from power utilities. This, in turn, is expected to create a huge demand for carbon trading platforms.

Europe: The largest region in carbon credit trading platform market

The market in Europe accounted for the largest share in the global carbon credit trading platform market during the forecast period. Market growth is driven by investments in clean power generation & electrification and the replacement of aging infrastructure to achieve higher efficiency. The region has also shown rapid industrial growth, driving the demand for carbon credit trading platforms.

Competitive landscape

The leading players in the carbon credit trading platform market include Nasdaq, Inc. (US), CME Group (US), AirCarbon Exchange (ACX) (Singapore), Carbon Trade Exchange (CTX) (UK) and Xpansiv (US).

Premium Insights Strategies Driving Net-Zero Goals to Boost Carbon Credit Trading Platform Market Between 2022 and 2027 Asia-Pacific to Exhibit Highest CAGR in Carbon Credit Trading Platform Market During Forecast Period Regulated Carbon Market Segment and UK Accounted for Largest Market Shares in Europe in 2021 Regulated Carbon Market Segment to Account for Larger Market Share in 2027 Cap and Trade Segment to Hold Larger Market Share Than Baseline and Credit Segment in 2027 Utilities Segment to Dominate Carbon Credit Trading Platform Market, by End Use, in 2027

Market Dynamics

Drivers Escalating Carbon Emissions Leading to Global Warming Rising Number of Markets Permitting Partial Use of Carbon Offsets Increasing Investments in Carbon Capture and Removal Technologies

Restraints Lack of Market Transparency and Traceability

Opportunities Growing Number of Regulatory (Compliance) Standards and Industry Association Requirements

Challenges Fraudulent Activities on Trading Platforms due to Lack of Cybersecurity Trends/Disruptions Impacting Customer Business Revenue Shift and New Revenue Pockets for Carbon Credit Trading Platform Providers

Technology Analysis Development of Blockchain-Based Carbon Credit Platform Market Mapping

Value Chain Analysis Project Developers Exchange Partners Traders/Brokers/Carbon Emitters End-users/Carbon Emitters Pricing Analysis

Case Study Analysis Banco Sabadell to Move Forward with Carbon Offsetting with Climate Trade Ben & Jerry's Offset Provides Seed Funding for More Sustainable Agriculture

Company Profiles Nasdaq, Inc. Eex Group Aircarbon Exchange (Acx) Carbon Trade Exchange (Ctx) Xpansiv Cme Group Climate Impact X Carbonplace Planetly Likvidi Toucan Betacarbon Moss.Earth Climatetrade Carbon Credit Capital Flowcarbon Carbonex Pathzero South Pole Group Public Investment Fund

For more information about this report visit https://www.researchandmarkets.com/r/mavssd

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Contacts

ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900