Inveniam Capital Partners and Rialto Markets Announce Partnership to Further Accelerate Adoption of Middle Market Corporate Capital Raises and Trading of Private Market Securities

MIAMI--(BUSINESS WIRE)--Inveniam Capital Partners (Inveniam), and Rialto Markets (Rialto) announced today that Inveniam has made a capital investment in Rialto Markets and will support the burgeoning market with connectivity into its private market data eco-system. Inveniam via, is the operating system for private market data that drives price discovery and automated waterfall calculations. Rialto Markets’ fully functional alternative trading system (ATS) is unlocking secondary trading in the private securities market for retail and accredited investors.

Shari Noonan, Rialto Markets CEO, who is leading this effort, offered, “Trading shares used to be restricted to certain companies that could afford to publicly list on a platform such as the New York Stock Exchange or Nasdaq, but a regulated secondary market for private company shares opens up trading and liquidity, and ultimately, price discovery.”

The partnership arrives at a critical juncture for private market companies as in the 10 plus years prior to 2019, capital flowing into capital assets grew at 4 times the pace of public markets. After a down year in 2020, 2021 saw U.S. private markets establish a new highwater mark for fundraising and as a result, more companies are staying private longer or bypassing going public. Additionally, in 2022, the U.S. Securities and Exchange Commission laid out a number of proposals including requirements for registered private funds advisors to distribute quarterly statements to private fund investors with a detailed accounting of all fees and expenses during the reporting period. Also in 2021, the Depository Trust & Clearing Corporation, announced its Digital Securities Management initiative, a platform that will, subject to regulatory approval, “for the first time, provide an industry-wide solution that offers common market infrastructure and standards across private markets.”

Concurrently, JP Morgan has embarked on “Project Bloom,” a platform intended to match start-ups with accredited investors. BlackRock, the world’s largest asset manager, is now advising its clients to consider moving away from the traditional 60/40 portfolio in favor of a 50/30/20 portfolio with 20% going into alternative, private market assets.

Pat O’Meara, founder and CEO of Inveniam, commented on the partnership, “In order for there to be more fluid trading of private market securities, an entire ecosystem must be established. As such, today’s agreement with Rialto and Inveniam is an incredible advancement towards building that fully functioning ecosystem. This is great news for middle market companies in search capital and price discovery and is reminiscent of the development of the ECN markets in the ‘90s.”

The integration of Rialto into the Inveniam ecosystem will result in Rialto incorporating various components of digital securities data and real-time market data thereby delivering transparency and trust for market participants. Further, having diverse data flow via Ownera, and the industry’s FinP2P open-source routing and settlement protocol that interconnects the private markets seamlessly in a user friendly platform, will give the GPs direct access to better data systems, secondary markets for the exchange of alternative assets, and new novel forms of primary distribution will transform the role of fund administrators. Ownera interconnects asset sources and financial institutions to enable the trade of any digital security, from any source and tokenization platform, using any underlying technology.

Tokeny, an enterprise-grade infrastructure provider that allows companies and financial actors to compliantly issue, transfer, and manage assets on blockchain, enabling them to improve asset liquidity, is also a part of the ecosystem. Tokeny’s involvment will allow not only auditable forms of compliance from the security to the investor, but it will also allow real-time surveillance of the underlying assets utilizing

For further context on this agreement and the formation of this private market trading ecosystem, please visit Pat O’Meara’s Medium post .

For parties interested in how they can leverage Rialito and Inveniam for the capital formation and price discovery objectives, please contact:

About Rialto Markets

Rialto Markets is a trusted ‘go to’ fully regulated broker dealer empowering companies to raise money through our unrivalled expertise in crowdfunding and institutional investment. We operate a fully compliant secondary market trading platform for buying and selling shares in private companies. Rialto Markets is a SEC and FINRA Regulated Broker Dealer (Rialto Primary) operating an Alternative Trading System (Rialto Secondary) for private securities including those issued as a Digital Asset Security. For more information go to:

About Inveniam

Inveniam is a fintech company, headquartered in Miami, Florida, with offices in New York City and Detroit, MI. Founded in 2017, Inveniam has built, a powerful technology platform that utilizes big data, AI, and blockchain technology to provide not only surety of data, but high-functioning use of that data in a distributed data ecosystem. Through Inveniam's platform, users can obtain real-time pricing of private, infrequently traded assets, accelerate diligence, accurately price assets, and identify buyers for those assets. Inveniam’s platform credentials data to commute trust throughout the global financial system. Inveniam holds numerous patents pertaining to the ingestion of data into smart contracts. For more information go to:

About Tokeny Solutions

Tokeny provides an enterprise-grade infrastructure to allow companies and financial actors to compliantly issue, transfer, and manage assets on blockchain, enabling them to improve asset liquidity. Tokeny is a Blockchain 50 company recognized by CB Insights. They are backed by Euronext Group, Inveniam, Apex Group, and K20 Funds. To date, over $28 billion worth of assets have been tokenized using their solution. For more information go to:

About Ownera

Ownera is an institutional-grade digital securities routing and settlement network. Ownera interconnects asset sources and financial institutions to enable the trade of any digital security, from any source and tokenization platform, using any underlying technology. Ownera offers financial institution a unified wallet API that allows them to give their clients access to any of the digital securities. The Ownera technology aggregates and normalizes all the digital securities from all the sources, including onchain and offchain data, transactions and regulatory flows. Ownera is operating in the private market space, supporting tokenized real estate, funds, bonds and private company shares. The Ownera unified wallet API supports primary issuances, secondary trading and borrowing and lending. More details on: Contacts

Media Inquiries: Carly Cao 3Points Communications

Global Web 3.0 Blockchain Market Competition Forecast and Opportunities to 2027 - Growing Popularity of Digital Assets, Cryptocurrency and Rollout of 5G and 6G Technologies is Creating High Demand -

DUBLIN--(BUSINESS WIRE)--The "Global Web 3.0 Blockchain Market, By Blockchain Type (Public, Private, Consortium, and Hybrid), By Application, By Vertical, By Organization Size, By Region, Competition Forecast and Opportunities, 2017-2027" report has been added to's offering.

The global web 3.0 blockchain market is anticipated to grow at a formidable rate during the forecast period. The market growth can be attributed to the continuous evolution of technologies and shifts in data ownership toward users. Web 3.0 blockchain, also known as the decentralized web, is the third internet generation that utilizes decentralized ledger technology (DLT), machine learning (ML), and Big Data.

Web 3.0 blockchain provides users an enhanced browsing experience and enables them to analyze data more efficiently. Web 3.0 is more user-friendly and interactive than previous versions. Leading government authorities are launching digital transformation initiatives to provide a regulatory framework for supporting the growth of the Web 3.0 blockchain.

Rising concerns related to data security and increasing investments from companies to expand the applications of web 3.0 blockchain are expected to drive the global web 3.0 market growth. Rapid urbanization, globalization, and digitalization are enabling users to utilize advanced technologies and lead a quality life. Blockchain technology offers system human-like intelligence and provides enhanced data connectivity. Hence, organizations are adopting web 3.0 blockchain to improve data security and privacy, which is expected to boost the global web 3.0 blockchain market.

The rapid popularity of digital assets and cryptocurrencies and the rollout of 5G and 6G technologies are also creating a demand for web 3.0 blockchain technology. Furthermore, the growing adoption of connected devices and shifting dependency of transactions and permissions away from a central authority are driving the growth of the global web 3.0 blockchain market.

The global web 3.0 blockchain market is segmented based on blockchain type, application, vertical, organization size, company, and regional distribution. Based on the blockchain type, the market is divided into public, private, consortium, and hybrid. Public blockchain technology is anticipated to dominate the global web 3.0 blockchain market due to its increased demand over counterparts as they require no regulations and are highly secure. Based on the organization size, the market is divided into small and medium-sized enterprises and large enterprises.

The large enterprise segment is expected to hold the largest share in the global web 3.0 blockchain market as they are making high-end investments for technological up-gradation to stay ahead in the market.

Major players operating in the global web 3.0 market are Polkadot (Web3 Foundation), Helium Systems Inc., Ocean Protocol Foundation Ltd., Decentraland, Flux, Filecoin, Kadena, ZCash, etc.

Years Considered for This Report: Historical Years: 2017-2020 Base Year: 2021 Estimated Year: 2022E Forecast Period: 2023F-2027F

Objective of the Study: To analyze the historical growth in the market size of global web 30 blockchain market from 2017 to 2021 To estimate and forecast the market size of global web 30 blockchain market from 2022E to 2027F and growth rate until 2027F To classify and forecast global web 30 blockchain market based on blockchain type, application, vertical, organization size, region, and competitive Landscape To identify dominant region or segment in the global web 30 blockchain market To identify drivers and challenges for global web 30 blockchain market To examine competitive developments such as expansions, new services, mergers & acquisitions, etc., in global web 30 blockchain market To identify and analyze the profile of leading players operating in global web 30 blockchain market To identify key sustainable strategies adopted by market players in global web 30 blockchain market

Report Scope:

In the report, global web 3.0 blockchain market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

Web 3.0 Blockchain Market, By Blockchain Type: Public Private Consortium Hybrid

Web 3.0 Blockchain Market, By Application: Cryptocurrency Conversational AI Data & Transaction Storage Payments Smart Contract Others

Web 3.0 Blockchain Market, By Vertical: BFSI E-commerce & Retail Media & Entertainment Healthcare & Pharmaceuticals IT & Telecom Others

Web 3.0 Blockchain Market, By Organization Size: Small and Medium-Sized Enterprises Large Enterprises

Web 3.0 Blockchain Market, By Region: North America United States Canada Mexico Asia-Pacific China India Japan South Korea Australia Singapore Malaysia Europe Germany United Kingdom France Italy Spain Poland Denmark South America Brazil Argentina Colombia Peru Chile Middle East & Africa Saudi Arabia South Africa UAE Iraq Turkey

Companies Mentioned Polkadot (Web3 Foundation) Helium Systems Inc. Ocean Protocol Foundation Ltd. Decentraland Flux Filecoin Kadena Zcash

For more information about this report visit

About 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 Laura Wood, Senior Press Manager 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

SingularityNET and SingularityDAO Sign a $25 Million Capital Commitment With LDA Capital Limited.

ROAD TOWN, British Virgin Islands--(BUSINESS WIRE)-- SingularityNET and SingularityDAO secured a $25 million commitment with Global investment group LDA Capital Limited , to accelerate product roadmap, adoption of AI tools and scaling the ecosystem while supporting the growth of decentralized AI in general and its use in decentralized finance.

“LDA Capital are excited by the advancements in both AI and DeFi shown by the SNET ecosystem and along with the commitment, LDA will be providing strategic advice and support to allow SingularityNET and SingularityDAO to continue to grow their position as industry leaders.” - Anthony Romano, Managing Partner, LDA Capital Ltd

The global artificial intelligence (AI) software market is forecast to grow rapidly in the coming years and is expected to reach around 126 billion US dollars by 2025 , while the DeFi market currently stands at 174 billion US dollars , with no signs of slowing down. While AI is already heavily intertwined within traditional tech and finance, the SNET Ecosystem is at the forefront in bringing AI to blockchain and DeFi. Bringing artificial intelligence and machine learning to crypto presents a considerable opportunity to improve the quality and relevance of DeFi services . The recent performance of SingularityDAO’s Vaults (DynaSets) have, moreover, consistently shown to be the perfect tool to protect against bear markets and further prove the validity of the technology being built.

“SingularityNET and SingularityDAO believe the agreement with LDA Capital will benefit both companies and help them consolidate their leadership in Decentralized AI and Decentralized Finance. The support of pioneering institutional partners such as LDA brings further validation to our vision, strategy and technology.” - Mario Casiraghi, Co-Founder, SingularityDAO & SingularityNET



SingularityNET is a full-stack AI solution powered by a decentralized protocol and the first and only decentralized platform allowing AIs to cooperate and coordinate at scale, removing one of the major limiting factors to AI growth today — the lack of interoperability — which severely restricts the ability to leverage the strengths and capabilities of individual AIs.


As a spin-off project of SingularityNET, launched in 2021, SingularityDAO is a community governed DeFi Protocol that provides users with advanced cryptocurrency portfolio management tools powered by cutting edge artificial intelligence. They are dedicated to building the future of decentralized finance and delivering these high level tools in an easy to use fashion.

LDA Capital ltd.

LDA Capital is a global alternative investment group with expertise in cross border transactions worldwide. Our team has dedicated their careers to international & cross border opportunities having collectively executed over 250 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$10 billion. For more information please visit: ; For inquiries please email: . Contacts

Maxine Glogau

B2Broker Announced Annual Payments for B2Core, MarksMan, and B2Trader Products

LIMASSOL, Cyprus--(BUSINESS WIRE)-- B2Broker is excited to announce that it now offers an annual payment option for the three core products: MarksMan, B2Core, and B2Trader. With the introduction of this new plan, customers will be provided with a discount and a simpler approach to planning their budget. This change will allow the company to streamline its finances and improve cash flow. The annual plan is already applicable to all three products. MarksMan

Whether you're a seasoned pro or just getting started in the world of digital assets, MarksMan is the perfect solution. With support for spot and perpetual futures liquidity, along with easy access to liquidity pools on major crypto exchanges, MarksMan has everything you need. There's no better time to test it out than now, with the basic package being just $5,000 per year (a $1,000 saving) and the advanced package being just $15,000 per year (a $3,000 saving). An enterprise package will be accessible shortly if you want a more powerful alternative. Aggregation, hedging, symbol mapping, synthetic instruments, risk parameters, and several other functions are available in MarksMan. So, why not go over to MarksMan right now and learn more about it? You won't be disappointed. B2Core

B2Core is a cutting-edge business management solution that offers brokers and exchanges an easy way to manage customers, admins, and IB partners. With its new yearly payment plan, B2Core has never been more affordable. The basic package is available for just $6,000 per year, while the advanced package costs $15,000 per year. These prices represent major savings compared to previous pricing plans ($1200 savings for basic and $3000 for advanced). And if you're looking for something bigger than the advanced plan, we are currently compiling a one-year enterprise package. Stay tuned for the announcement. Contact us today to discover how B2Core can help you expand your company. B2Trader

Are you searching for a matching engine that is dependable, effective, and swift for your digital exchange? Look no further than B2Trader . The core engine is designed to match up bids and offers quickly and smoothly, so you can execute trades with confidence. Plus, the new pricing structure means big savings for you. The basic package is now just $15,000 per year, which represents savings of $3,000. And the advanced package is just $25,000, which represents savings of $5,000. An enterprise package is in the works and will be available shortly, as well. B2Trader is the most trustworthy, efficient, and powerful engine for any exchange. Why delay any longer? Begin using B2Trader right now! In Conclusion

The B2Broker team is excited to offer an annual payment plan for its clients! They believe that this change will prove advantageous for both its customers and the firm. B2Broker tries to deliver the best that is available in the market, and it wants its products to be as attainable as possible. So take advantage of the new annual prices today! Contacts

Georgiou Kaningos Phone: tel:+442080688636 Email:

medZERO Continues to Sign up Innovative Companies Wanting to Offer Expanded Benefits to Attract and Retain Employees in Competitive Market

PORTLAND, Ore.--(BUSINESS WIRE)-- #healthcare --In the race to retain employees in a competitive market, medZERO’s innovative app-based healthcare funding solution is an increasingly attractive add-on benefit for employers.

“In this competitive job market, we want to do everything we can to attract and retain the best employees,” said Candace Atnip, Chief People Officer for Bamboo Sushi. “medZERO’s easy-to-use app offering on demand, interest free access to funds for out of pocket healthcare expenses is something we think our employees will use to proactively make taking care of their health needs more affordable.”

medZERO, a healthcare focused fintech company, is offering an employer sponsored solution to the growing problem of unaffordable health care and increasing medical debt. U.S. households currently have $195 billion in outstanding medical debt, according to the Kaiser Family Foundation and Peterson Center on Health.

It’s a valuable add-on benefit, especially in a competitive hiring market. medZERO offers a zero interest, zero fee loan that is automatically repaid over 12 months via payroll deduction that employees can use like a credit card for instant payment at the doctor, dentist, pharmacy or even for existing bills. This helps take the worry about looming or unexpected medical bills off the minds of employees, something nearly 60 percent of the public lists as a top concern, according to the Kaiser Family Foundation’s newest research.

Portland-based Bamboo Sushi operates ten locations in Portland, Seattle, the Bay Area and Denver and is built around the idea of doing things differently and having real impact, said Atnip. Consistently lauded for their sustainability and innovation, the partnership with medZERO fits into their core values.

Other companies recently signed on include Neuterra Capital, a venture capital firm and Solera National Bank, as well as several other regional and national healthcare companies.

According to new data from the U.S. Chamber of Commerce, over half of small businesses say they are concerned about recruiting enough new employees to fill open positions and 57 percent are concerned about employee retention.

“Recent events led millions of Americans to quit their jobs and seek employment with companies that value them, offering solutions such as ours shows employees how important they are to their organizations by prioritizing their mental and physical health and wellness,” said Craig Froude, medZERO Co-Founder and CEO.

“With our iPhone, Android or desktop app, medZERO offers interest free financing enabling employees to get care now and pay over time ensuring any medically related out of pocket costs can be covered leading to happier, healthier and more productive employees,” Froude said.

“Additionally, employees can instantly save up to 30 percent on out-of-pocket healthcare expenses,” Froude said. This is because medZERO is able to route repayments through the employee’s Health Savings Account, capitalizing on tax advantages for both employers and employees.

About 60 percent of employers offer HSA’s according to a new study by the Society for Human Resource Management.

Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, the company launched its app in November 2021 and has been hiring and expanding its customer base.

Earlier this year LG Electronics selected medZERO as one of its “First 50” startups for its large-scale Mission for the Future competition targeting new developments within the areas of Connected Health, Energizing Mobility, Smart Lifestyle, The Metaverse and Innovation for Impact .

About medZERO

medZERO, based in Portland, Ore., is an employer-sponsored financial wellness platform that provides employees a smarter solution to pay for healthcare. medZERO is led by an experienced executive team and backed by industry leading investors. Learn more at

About Bamboo Sushi

Bamboo Sushi, based in Portland, Ore. is a Sustainable Restaurant Group with ten locations in Oregon, Colorado, California and Washington. Contacts

Traci Williams 503-747-9261

Cathedra Bitcoin Announces Equity Compensation Grants

TORONTO--(BUSINESS WIRE)-- $CBIT #Bitcoin --Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“ Cathedra ” or the “ Company ”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, announces that it has granted to employees of the Company 300,000 restricted share units (the “ RSUs ”), and 88,841 options to acquire common shares of the Company (the “ Options ”) under the Company’s long term incentive plan (the “ LTIP ”). The Options have an exercise price of C$0.35 per share, being the price of the Company’s shares at the close of trading on May 17 th , 2022. The Options and RSUs are subject to vesting conditions.

Cancellation of Restricted Share Units

The Company also announces that it has agreed with certain directors and officers of the Company to cancel an aggregate of 300,000 restricted share units previously held by such directors and officers. Under the LTIP, the Company may grant up to an aggregate of 8,000,000 RSUs.

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 owns 187 PH/s across various sites around the United States and expects to deploy an additional 538 PH/s in 2022. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 725 PH/s. 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 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

Sean Ty Chief Financial Officer

CasperLabs Co-Founder & CTO Medha Parlikar to Speak at Women’s Entrepreneurship Day Summit 2022

Parlikar to share knowledge and insights in “Blockchain – Empowering Women Entrepreneurs to Make a Positive Impact” panel

NEW YORK--(BUSINESS WIRE)-- CasperLabs , a leading blockchain software company for the enterprise market, today announced co-founder and CTO Medha Parlikar will be a featured speaker at Women’s Entrepreneurship Day Summit 2022 taking place May 20, 2022 at the United Nations Headquarters in New York City. Medha will take part in a special panel “Blockchain – Empowering Women Entrepreneurs To Make a Positive Impact” from 10:15-10:35 a.m. EST.

“Blockchain’s potential is immense, and because it is still in its infancy, there are limitless opportunities for women entrepreneurs to share in its growth and success,” said Medha Parlikar, co-founder & CTO, CasperLabs. “I look forward to speaking at Women’s Entrepreneurship Day about this burgeoning technology and how it stands to make a positive impact not only on the lives of women, but the world around us as well.”


WHAT: Panel: “Blockchain – Empowering Women Entrepreneurs To Make a Positive Impact”

WHO: Medha Parlikar, CasperLabs; Seana Smith, Yahoo! Finance (Moderator)

WHEN: May 20, 2022; 10:15-10:35 a.m.

WHERE: United Nations Headquarters, New York, NY

Women’s Entrepreneurship Day Organization (WEDO) is a movement that carries throughout the year in support of women in business globally. WEDO ignites women leaders, innovators, and entrepreneurs to initiate startups, drive economic expansion, and advance communities worldwide. WED is celebrated in 144 countries and 65 universities and colleges internationally, with a growing global legion of 333 global ambassadors activated in every continent! The WEDO mission is to empower the 4 billion women worldwide to be catalysts for change and uplift over 250 million girls living in poverty worldwide.

CasperLabs lowers the barrier to entry for blockchain adoption by providing professional services and support for businesses building on Casper. Casper is unique in that it is the first provably live and provably safe version of CBC Casper ever built. In that way, it is arguably the only fully decentralized, highly secure, and scalable blockchain.

For more information on CasperLabs, visit .

About Medha Parlikar

Medha Parlikar is co-founder and chief technology officer of CasperLabs. Medha has more than 30 years of tech experience and is considered one of the top women in blockchain. As CasperLabs CTO, Medha is on a mission to make blockchain the platform for doing business in the future. “It’s not a scary technology,” says Medha. “We are de-risking the blockchain for the enterprise. The time is now for businesses to adopt and not be left behind.” Medha began working with blockchain in 2017. When she realized the blockchain technology platform she needed didn’t actually exist, she decided to build it herself and CasperLabs was born. Beyond blockchain, Medha’s specialties include Ethereum, SaaS, Product Engineering, and Cloud technologies. Medha started working with technology in the early 1980s, building computers in the basement. For the past two decades, she has been delivering production SaaS software for large companies including Adobe, Omniture and Avalara. Medha excels in building and guiding high-functioning technical teams, inspiring them to deliver solutions that solve customer problems. She is a prolific speaker, having spoken at several global conferences including Davos, LA Blockchain Summit, and NFT.NYC, among others. Medha is a mentor and has worked with organizations including Strongurl to elevate and encourage women in blockchain/tech. In her personal life, Medha is a wife and mother to three children, and holds a black belt in karate. Medha graduated summa cum laude from Coleman College with a Bachelor’s Degree in Computer Information Systems and Programming.

About CasperLabs

CasperLabs, a leading blockchain software company for the enterprise market, is re-imagining blockchain for enterprise with a future proof solution. The company also provides development, support and advisory services for organizations building on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public and hybrid blockchain applications. Its team possesses deep enterprise technology experience with a cumulative 100 years of enterprise experience, hailing from organizations including Google, Adobe, AWS, Dropbox and Microsoft. To learn more, visit . Contacts

Donna Loughlin Michaels LMGPR 408.393.5575

Ripple Commits $100M to Scale and Strengthen Global Carbon Markets, Addresses Quality and Transparency Using Blockchain and Crypto

Demand for carbon offsets expected to skyrocket to $550B by 2050 to meet Paris Climate Accord goals

SAN FRANCISCO--(BUSINESS WIRE)-- Ripple , the leader in enterprise blockchain and crypto solutions, today announced its commitment of $100 million to carbon markets. The funding will accelerate carbon removal activity and help modernize carbon markets through investments in innovative carbon removal companies and climate-focused fintechs. Ripple will also build a portfolio of additive, long-term, nature and science-based carbon credits, some of which will be used to meet its own commitment to achieve net zero by 2030 or sooner. In addition, the funding will continue to support new functionality and developer tools that enable carbon credit tokenization as core non-fungible tokens (NFTs) on the XRP Ledger (XRPL) . This commitment will help progress towards globally agreed climate goals to limit global temperature rise to 1.5 degrees Celsius.

Carbon markets are struggling to keep up with exploding demand, inhibited by supply bottlenecks and slow time to market, and a dearth of high quality, verifiable products. To meet climate goals on a global scale, carbon markets need enhanced mechanisms for project verification and certification; greater transparency in pricing and market data; and improved infrastructure for both buyers and suppliers. Blockchain and crypto, with innate qualities of transparency, verification and scalability, can help address many of the market’s biggest obstacles to growth and efficacy.

“Our $100 million commitment is a direct response to the global call to action for companies to help address climate change by deploying resources, including innovative technology, strategic capital and talent. While reducing emissions and transitioning to a low-carbon future are paramount, carbon markets are also an important tool for meeting climate goals. Blockchain and crypto can play a catalytic role in allowing carbon markets to reach their full potential, bringing more liquidity and traceability to a fragmented, complex market,” said Brad Garlinghouse, CEO of Ripple.

In 2020, Ripple announced its plan to go carbon neutral by 2030 and is on track to do so by 2028. Working with independent NGO partners like the Energy Web Foundation and the XRP Ledger Foundation, Ripple helped decarbonize the XRPL, the first major blockchain to become carbon neutral, in 2020. To further its commitment to sustainability, Ripple’s $100M will fund key initiatives including: Building a portfolio of high-quality, existing and future carbon credits to help capitalize the most impactful and scalable carbon removal methodologies and projects. Investing in innovative carbon-removal technology companies and market makers utilizing blockchain, crypto and other financial technology to accelerate supply and unlock exponential value for both buyers and suppliers. Supporting new functionality and developer tools for creators and developers focusing on carbon markets solutions and carbon credit NFTs on the XRPL. Continuing to partner with the world’s leading climate and conservation organizations to develop new methodologies for carbon removal, along with distributed stakeholder-led governance models, creating greater fairness, revenue and equity for suppliers, especially in developing economies.

“Tokenizing carbon credits can play a vital role in scaling carbon markets and meeting growing demand while ensuring the credibility, integrity and transparency of existing markets. Several carbon removal projects and fintechs are already building on the XRPL to bring new climate solutions to market. By bringing blockchain to global climate initiatives, the industry can more quickly verify and certify NFT carbon credits, eliminate the potential for fraud, and even guarantee the offset is actually removing carbon for the long term,” says Monica Long, General Manager of RippleX at Ripple.

Ripple is partnered with field leading carbon removal companies and carbon market makers. These include CarbonCure Technologies , whose suite of technologies permanently store captured CO2 in concrete through carbon mineralization; , a climate focused fintech (backed by the UN), which is building its carbon credit verification, tokenization and exchange functionality on XRPL; and Invert, a carbon offsetting company to source and invest in high-quality carbon credit generation projects.

“To address the climate crisis, we need all hands on deck. Growing the market for high-quality carbon removal and reductions - like what we provide here at CarbonCure - is a key part of the solution,” said Robert Niven, Chair and CEO of CarbonCure Technologies. “Ripple’s strategic investments will have a significant impact on advancing carbon removal innovations, improving carbon credit delivery and growing global carbon market tools and solutions. We applaud Ripple’s leadership in ensuring transparency and verification in this rapidly expanding field.”

“ As efforts to decarbonize the global economy increase, demand for carbon credits will only increase. The industry needs to evolve its existing infrastructure and verification methodologies to address our climate needs,” says Steven Witte, COO & Co-Founder at “ offers market infrastructure solutions that facilitate the development of ecological projects, the measurement of ecological benefits and the registration of corresponding carbon credits. To achieve this, chose the XRP Ledger, given its performance, scalability and inherently green attributes, to build its carbon credit verification, tokenization and exchange functionality.”

In addition, Ripple is working alongside key climate players, including Energy Web Foundation, Rocky Mountain Institute and the Alliance for Innovative Regulation. Ripple co-founded the Crypto Climate Accord, which has enlisted over 500 members spanning the crypto and finance, technology, NGO, and energy and climate sectors, since launching in April 2021. Ripple is a founding member of the World Economic Forum’s Crypto Impact and Sustainability Accelerator (CISA).

About Ripple

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective - solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet - increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders. Contacts

Stacey Ngo

Lavu and Verifone Partner to Provide Unified Payments and Point of Sale Solutions to Restaurants

Cross-Distribution Partnership Will Enable Card Present, Card Not Present, Mobile, Peer-To-Peer, and Cryptocurrency Payments at Restaurants

ALBUQUERQUE, N.M.--(BUSINESS WIRE)-- #digitalpayments -- Lavu , a major global restaurant software and payments solution provider built by restaurant people, and Verifone , a global FinTech leader and payment solution provider to the world’s best-known brands, today announce a new cross-distribution partnership that will seamlessly integrate Lavu’s all-in-one restaurant software suite with Verifone’s FLEX payment solution, including its Advanced Payment Methods platform, benefiting Lavu and Verifone customers.

The strategic partnership helps better serve the restaurant industry, allowing both Verifone and Lavu to offer a high-quality, unified point of sale (POS) and payment experience to their customers. Lavu will now be able to expand its payments acceptance offering into new markets by leveraging Verifone’s breadth of payment connections. The first available product will be comprised of a Verifone Engage e285 device with Lavu’s tablet-based POS solutions.

With access to Verifone’s Advanced Payment Methods platform, millions of restaurants will more easily meet rapidly evolving consumer behavior, most notably the accelerated shift to digital and split payments. Whether splitting a bill with a large party, paying using cryptocurrencies or spreading payments over time, the Verifone user experience is simple: customers select their desired advanced payment method on the Verifone terminal and use their mobile device to complete the transaction.

The following payment methods, and more, will become available to Lavu customers and Verifone customers: Alipay, Affirm, Cryptocurrency (including Bitcoin, Ethereum, Litecoin, Dogecoin, Shiba Inu, and several USD stablecoins) using prominent Crypto wallets, PayPal, Venmo, WeChat Pay, Klarna, Swish, and Vipps.

“Our partnership with Verifone advances our mission to help even more restaurants reach new customer segments and remain profitable during an increasingly challenging time,” said Saleem S. Khatri, CEO of Lavu. “Especially over the past two years, consumers have acclimated to contactless, cardless and flexible payment methods, and we’re excited to call Verifone our ally in ensuring that restaurateurs meet these customer needs amidst inflationary pressures and staffing shortages.”

“There’s massive interest from dining establishments to expand their payment acceptance options as consumer trust in these popular digital wallets accelerates,” said Tim O’Loughlin President and EVP, Verifone. “We’re excited to partner with Lavu to provide an unparalleled end-to-end experience for restaurant merchants by joining the most adaptable restaurant POS system with our payment solutions and suite of Advanced Payments Methods.”

New and existing restaurant merchants can learn more at

About Lavu

Lavu is the world’s leading restaurant management platform for small and medium-sized restaurants. The company’s products include an award-winning mobile point-of-sale, online ordering, payment processing and accounts payable suite. Embodying values of hospitality in its 24/7 support of restaurant partners in more than 65 countries, Lavu helps businesses grow with solutions built for restaurants by restaurant people. Headquartered in Albuquerque, New Mexico, Lavu was the first iPad point of sale in the Apple App Store and continues to offer the latest in restaurant features and functionalities. Learn more at

About Verifone

Verifone is a FinTech leader providing valuable end-to-end payment and commerce solutions to the world’s best-known retail brands, major financial institutions, and directly to more than 600,000 merchants alike. The company’s global services platform is built on a four-decade history of innovation and uncompromised security and handles 10.4B+ online and in-store transactions annually, totaling more than $440B. Trusted and recognized by consumers for its growing footprint of 35 million devices in more than 150 countries, businesses choose Verifone for its global scale, local capabilities, omnichannel prowess and solution flexibility. Learn more at Contacts

Caroline Pruett, Lavu Media Relations

Western Union Shares Fresh Insights on Today’s Migrants

Migrants are optimistic, technologically savvy and motivated to build a better life Additional research to measure the need for, and acceptance of, migrants underway in partnership with The Fletcher School at Tufts University

DENVER--(BUSINESS WIRE)-- Western Union (NYSE: WU) released new data today exploring the perspectives and motivations of migrants* in the United States, United Kingdom, Germany, France, Japan and the United Arab Emirates.

Today’s migrants represent a diverse range of socioeconomic backgrounds and contribute economically, culturally, and in many other ways to their adopted countries. Survey results reveal three key insights: Migrants are engines of optimism. Today’s migrants in many parts of the world share that they feel valued and accepted, with positive attitudes towards their host countries. In the U.S., for example: 86% of migrants view the country in a positive way, versus 68% of the general population 88% of migrants feel appreciated and 95% say they can do well if they work hard Migrants are tech-forward. Always on the lookout for a way to make their lives easier or better, today’s migrants are familiar with cryptocurrency and comfortable with digital financial services. In the U.S.: 57% of migrants are familiar with cryptocurrency 83% of migrants access financial services digitally or a mixture of both digital and in person Migrants are motivated by a pursuit for a better future. Most migrants say they moved to the U.S. for better job prospects, higher pay, or to pursue education and training.

“Throughout history, people have moved across borders in search of new opportunities. For some it is a choice, and for others a necessity. At Western Union, we consider it a privilege to support today’s migrants as they build the better future they envision for themselves, their families, and communities,” said Devin McGranahan, Western Union President and CEO. “The 280 million migrants globally represent a major economic force, so it is important to understand the perspectives, motivations and ambitions of these essential members of society.”

Western Union has also partnered with The Fletcher School at Tufts University to explore where economic opportunity, skills shortages, and a socio-political openness to migration are likely to intersect and create the next geographies of social stability, economic growth, and innovation.

“The need for labor had surpassed pre-pandemic levels in countries like Australia, Canada, the United States, and several others by the end of 2021,” said Bhaskar Chakravorti, dean of global business at The Fletcher School. “As countries around the world emerge from the pandemic-induced economic contraction, those that are more welcoming and accepting of migrants will be able to close their labor market gaps much more efficiently; they are able to tap into diverse, globally aware, and technology savvy labor pools, and generate dividends both for the home and host countries in the process.”

This collaboration between Western Union and The Fletcher School at Tufts University will include the development of the “Migration Quotient”—a scorecard measuring countries’ need for and acceptance of migrants coupled with the momentum of migration into and out of countries. In addition, the collaboration will also focus on bottom-up analyses of key remittance corridors and ethnographic studies on migrants and displaced communities.

More information from the ‘Today’s Migrant’ survey is available here .


About Western Union

The Western Union Company (NYSE: WU) is a global leader in cross-border, cross-currency money movement and payments. Western Union’s platform provides seamless cross-border flows and its leading global financial network bridges more than 200 countries and territories and over 130 currencies. We connect consumers, businesses, financial institutions, and governments through one of the world’s widest reaching networks, accessing billions of bank accounts, millions of digital wallets and cards, and a substantial global network of retail locations. Western Union connects the world to bring boundless possibilities within reach. For more information, visit .

*Migrants for the purpose of this study are defined as a person who moves across an international border away from his or her place of usual residence, temporarily or permanently, and for a variety of reasons Contacts

Western Union Media Contacts

Western Union Global Communications Rachel Rogala; + 1 (303) 808-2674

Western Union Americas Brad Jones;

Round13 Launches a Dedicated Fund to Invest in the Emerging Blockchain and Digital Asset Market; Raises US$70 Million to Date

Initial investors in Canada’s first institutional crypto native venture fund include a major Canadian pension fund along with family offices and high net worth individuals

TORONTO--(BUSINESS WIRE)-- #CryptoNativeFund -- Round13 , a leading Canadian venture capital firm with approximately $700 million in assets under management, has launched a dedicated fund to invest in the emerging blockchain and digital asset market. The new crypto native fund has raised US$70 million of an initial target of US$100 million. The lead investor is a major Canadian pension fund, with additional participation from institutions, high-net-worth individuals, family offices, and members of the Round13 team. The fund is also partnered with Satstreet, one of Canada’s fastest growing digital investment firms with a deep network of relationships in the crypto universe.

The fund seeks projects with highly technical teams solving problems around scalability and interoperability, and those building top tier applications on these new rails – themes that will play a fundamental role in building the infrastructure for the successful deployment and mass adoption of Web3 projects. The fund has invested in several projects to date alongside other top tier global investors in the space. Investments have been made in UK-based Improbable Worlds , US-based Trust Machines and Ibex , and Canadian-based Chainsafe and Red Jar Digital Infrastructure (RJDI).

The new Round13 fund is operated by two veterans in the blockchain and digital asset market, with each bringing a unique set of skills and operational ability to the fund. Managing Partner Satraj Bambra is a software engineer who has built and sold two companies and was an early developer in the space. He was most recently co-founder and CEO of BlockEQ, a mobile native wallet and decentralized exchange built on Stellar’s blockchain. Managing Partner Khaled Verjee is a lawyer and investment banker by trade, and has been an early investor and advisor to several Blockchain startups since 2015.

“I’ve been immersed in this space for several years but have not seen as much interest in the emerging blockchain and digital asset market as we are seeing today,” said Bambra. “We are seeing a particularly encouraging and rapidly growing trend of new teams joining and building blockchain applications and protocols. This has historically been the strongest signal of adoption and growth. I truly believe we are just getting started and the best is yet to come.”

“It’s very encouraging that a pension fund and traditionally conservative family offices are actively investing in our fund and looking to capitalize on the tremendous opportunities in the market,” said Verjee. “And while this fund will invest globally, we are uniquely positioned in Canada to invest in and support the robust and growing number of developers building in the space.”

The new Round13 fund is a member of the Web3 Council of Canada and anticipates playing an important role in the development of a strong regulatory framework.

About Round13

Round13 Capital is a Toronto-based venture capital firm that invests in high growth technology businesses. The firm is managed by experienced investors and operators and uses a disciplined investment approach to identify exceptional entrepreneurs committed to opportunities and companies with market leadership potential. Round13 typically provides ‘hands-on’ management assistance to its portfolio companies to unlock strategic and financial value. For additional information, visit . Contacts

Jodi Echakowitz Boulevard Public Relations 416-271-7250

Founded by Game Industry Vets, Azra Games Raises $15M in Seed Round Led by Andreessen Horowitz & NFX to Unlock the Power of web3 for Mainstream Games

First Title from Azra Games to Deliver the Ultimate Fantasy and Core Games Fun of Collectible & Combat Role Playing with web3 Real Value to Players

SACRAMENTO, Calif.--(BUSINESS WIRE)--Azra Games, a blockchain games company dedicated to building best-in-class collectible and combat RPGs for the web3 era, has raised $15M in a seed round led by Andreessen Horowitz (from both their games fund and crypto fund), with participation from NFX, Coinbase Ventures, Play Ventures and Franklin Templeton. Azra Games creates immersive game universes, with specialized in-game economies and virtual collectibles, powered by web3 technology. This seed funding will be used to accelerate development on Azra’s first game - an epic, sci-fi/fantasy collectibles and mass combat RPG code-named Project Arcanas .

“As a kid, I spent countless hours role playing with all of my different toys,” said Mark Otero, Founder & CEO, Azra Games. “At Azra, we are making a game to recreate this joy, to re-engage adults’ imaginations once again with the ultimate collectibles fantasy, combined with the ultimate fast-paced mix-and-match combat that is accessible yet deeply strategic. Imagine role playing giant monsters, robots and creatures, and leading your favorite heroes and villains to battle - and on top of satisfying game sessions, a vibrant marketplace and a sustainable economy based on real value that only web3 can unlock to deliver the most compelling and complete play experience.”

Founded by veteran game designer Mark Otero, best known for Electronic Arts’ top grossing Star Wars: Galaxy of Heroes, and respected entrepreneurs Sonny Mayugba and Travis Boudreaux, Azra Games is re-imagining the delights of collecting toys and limited edition items through a dedicated NFT ecosystem. Azra’s first game will be prolific gamemaker Otero’s ninth in collectible and combat RPGs, as he is joined by a veteran game team with a deep history in the genre.

"CEO Mark Otero is a seasoned game director who was at the forefront of mobile free-to-play games with the hit franchise Star Wars: Galaxy of Heroes ,” said Jonathan Lai, General Partner, a16z. “We’re excited to partner with Mark and the Azra team as they apply their expertise to web3 games in creating new types of gameplay and economy design.”

“We are incredibly impressed by what the team is building,” said Gigi Levy Weiss, NFX General Partner, known for high profile games investments like Moon Active, Playtika, Plarium and more. “I believe Azra will be the leader in blending amazing gameplay with digital ownership, offering ultimate value and entertainment to players.”

Azra Games’ backers represent selective and successful key figures across games and crypto companies and investors and also include industry luminaries like YGG co-founder Gabby Dizon, Twitch co-founder Justin Kan, and Dapper Labs co-founder Roham Gharegozlou.

To learn more about Azra, please visit and follow along @AzraGames and on Discord .

About Azra Games

Azra is building high quality, unique collectible and combat games on the blockchain. Based in Sacramento, CA, the web3 games studio was founded by former EA and BioWare executive Mark Otero and serial entrepreneur Sonny Mayugba, and is backed by a16z and NFX. The company’s first title is a mass combat strategy RPG code-named Project Arcanas .

About Andreessen Horowitz

Andreessen Horowitz (a16z) is a Silicon Valley-based venture capital firm that backs bold entrepreneurs building the future through technology. The firm is stage agnostic, investing in seed to late-stage technology companies, across the consumer, enterprise, bio/healthcare, crypto, and fintech spaces. a16z has $19.2B in assets under management across multiple funds. See portfolio companies here: .

About NFX

NFX is a leading seed-stage venture firm based in San Francisco, CA, and Herzlia, Israel. Founded by entrepreneurs who built 10 companies with more than $10 billion in exits across multiple industries and regions, NFX is transforming how true innovators are funded. With expertise in platforms and network effects, NFX partners with the world’s best founders to solve problems - at scale - with the power of technology. Learn more at . Contacts

Sibel Sunar fortyseven communications for Azra Games

KuCoin Spotlight, the Favored Token Launchpad, is Conducting its 22nd Token Sales of Pikaster (MLS)

VICTORIA, Seychelles--(BUSINESS WIRE)--The global cryptocurrency exchange KuCoin has announced its 22nd Spotlight Token Sale with Pikaster (MLS) on May 18, 2022 (UTC). KuCoin Spotlight is the exclusive token launch platform that allows users to acquire Pikaster (MLS) at the issue price of $0.12 by holding at least 100 KuCoin Token (KCS), the native token of the KuCoin Exchange.

Pikaster is a card battle game featuring Pikaster NFTs. It aims to create a “Play and Earn” GameFi project through innovative product features to bring players both extraordinary gaming experiences and handsome economic returns. In the middle of April, Pikaster launched 18,000 limited-edition Pikaster NFTs, and all sold out in less than 1 minute via the KuCoin IGO, a new interactive NFT launchpad.

The KuCoin Spotlight token launch platform helps early-stage crypto projects raise funds and increase the project reach across the crypto ecosystem. Meanwhile, it grants users the chance to find the next potential crypto gem to gain considerable incomes with low thresholds. Currently, KuCoin Spotlight has launched 21 projects with an impressive performance, including CLH, PDEX, CWAR, VR, and so on via Spotlight, with the highest ROI exceeding 924x.

Johnny Lyu, the CEO of KuCoin, said: “KuCoin allows our users to discover promising blockchain startups, and we have a unique eye for quality blockchain projects with high growth potentials. KuCoin Spotlight is a good place to list early-stage promising projects. Pikaster provides an exclusive game for users to easily access the world of NFT, and we are so excited to launch this incredible project on our Spotlight and the IGO platform to provide our support for Pikaster.”

The Pikaster CMO Luffy added: “ We have previously worked with KuCoin at KuCoin IGO. This time, we are delighted with this opportunity again to list our Pikaster token sale on KuCoin Spotlight. KuCoin pays great attention to the value of the community and the value of users, and we strongly believe that KuCoin will help us to realize the limitless potential.”

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform focusing on inclusiveness and community action reach, it offers over 700 digital assets. Currently, it provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 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 .

About KuCoin Spotlight

Spotlight is a KuCoin token launch platform that serves early-stage crypto projects and initial token distribution to provide users with the opportunity to participate in the early investment of preferred projects to gain considerable incomes with low thresholds. It has strict screening criteria to ensure that the listed projects and their native tokens are high quality. In addition to providing more promising crypto assets for investors, Spotlight supports early-stage crypto projects in crowd-funding, marketing exposure, as well as industrial influence for further development.

About Pikaster

Pikaster (MLS) is a community-driven metaverse created by Metaland, based on KCC, Polygon, and BSC Chain, aiming to create diverse scenarios such as various games, social, entertainment, sports, etc. to enable players to participate in and manage the ecology together and earn great financial rewards while gaining new experiences. Metaland is a Web3 firm specializing in developing blockchain-based games. Contacts

KuCoin Emma Hou

flatexDEGIRO Offers Crypto Trading via Partnership With BISON (Boerse Stuttgart Group)

- Partnership enables flatexDEGIRO customers to trade major cryptocurrencies directly and further advances the verticalisation of Europe's leading online brokerage platform

- Convenient and direct in-app access from flatex and DEGIRO to BISON, the retail crypto platform of Boerse Stuttgart Group

- Launch at flatex Germany and Austria aimed for the end of Q3 2022, followed by expansion of the offering to all DEGIRO customers

FRANKFURT, Germany--(BUSINESS WIRE)-- flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR), Europe's largest and fastest growing retail online broker and Boerse Stuttgart Group, Europe's sixth largest exchange group, today announced the signing of a Memorandum of Understanding (MoU) on a partnership in crypto trading. This will give flatexDEGIRO customers direct access to trading in major cryptocurrencies via convenient and direct in-app access from flatex and DEGIRO with an accelerated onboarding process. For this purpose, Boerse Stuttgart Group provides its integrated offer in the crypto business, with uncomplicated trading via the retail platform BISON and use the secure crypto custody service operated by the custodian blocknox. The aim is to launch first at flatex Germany and Austria by the end of the third quarter of 2022, followed by the expansion of the offer to all DEGIRO customers.

Frank Niehage, CEO of flatexDEGIRO: "As the European market leader in online stock trading, cryptocurrencies add a key element to our already very broad product range. Together with the Robo-Advisory offering planned for summer 2022 via our partner Whitebox, flatexDEGIRO will offer its customers the most comprehensive product range of all European online brokers. For us, taking this step with such a renowned and trustworthy partner as Boerse Stuttgart Group was an indispensable requirement for the sustainable protection of our customers, especially in such a young and volatile asset class as cryptocurrencies."

"As the leading European exchange group in the crypto sector, we are pleased to have gained the leading European online broker flatexDEGIRO as a partner. The partnership is part of our strategy to continue to grow as a regulated and integrated provider of crypto services, in both the retail and institutional markets," said Dr Matthias Voelkel, CEO of Boerse Stuttgart Group.

Muhamad Chahrour, CFO of flatexDEGIRO and CEO of DEGIRO: "flatexDEGIRO enables more than 300 million Europeans to take control of their financial future with easy and secure access to the capital market - without restrictions or lazy compromises. Thanks to our technical edge, we offer our customers the broadest product range in the industry on one of the most convenient and stable platforms – at the lowest prices, especially in the most important European growth markets."

"Our partnership with flatexDEGIRO creates enormous added value for customers: They benefit from easy processes, attractive transaction costs and custody of cryptocurrencies free of charge. We can jointly unlock new investor groups and serve their growing interest in digital assets," explains Dr Ulli Spankowski, Chief Digital Officer of Boerse Stuttgart Group and Head of BISON.

Customers can trade the cryptocurrencies Bitcoin, Ethereum, Litecoin, Ripple, Bitcoin Cash, Chainlink and Uniswap on BISON free of charge – 24 hours a day, seven days a week. The admission of further cryptocurrencies will follow in the next months. Only the spread between the displayed buying and selling prices is charged. There are no additional costs for customers, for example for deposits or withdrawals of cryptocurrencies. blocknox GmbH, a subsidiary of Boerse Stuttgart Group, takes care of the custody of cryptocurrencies on an escrow basis. For this purpose, blocknox GmbH has implemented a multi-level security concept.

For further information please contact:

Press contact flatexDEGIRO: Achim Schreck Phone +49 (0) 69 450001 0 Head of IR & Corporate Communications

Press Contact Boerse Stuttgart Group: Johannes Frevert Phone + 49 711 222 985-711 Media Spokesperson

About flatexDEGIRO AG

flatexDEGIRO AG (WKN: FTG111, ISIN: DE000FTG1111, Ticker: FTK.GR) operates a leading and fastest growing online brokerage platform in Europe. Based on modern, in-house state-of-the-art technology, customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution on top TIER 1 exchanges. The technological edge as well as the high efficiency and strong economies of scale enable flatexDEGIRO to continuously improve its service offering to customers, including commission-free brokerage.

With more than 2 million customer accounts and over 91 million securities transactions processed in 2021, flatexDEGIRO is the largest retail online broker in Europe. In times of bank consolidation, low interest rates and digitalisation, flatexDEGIRO is ideally positioned for further growth. Within the next five years, flatexDEGIRO aims to expand its customer base to 7- 8 million customer accounts and process 250-350 million transactions per year - even in years of low volatility.

Further information at

About Boerse Stuttgart Group

Boerse Stuttgart Group is the sixth largest exchange group in Europe with strategic pillars in the capital markets business and in the digital and crypto business. It operates exchanges in Germany, Sweden and Switzerland. As a true pioneer, it has built the largest digital and crypto business of all the European exchange groups. Boerse Stuttgart has a workforce of 650 and premises in Stuttgart, Berlin, Stockholm, Zurich and Ljubljana.

Further information at Language: English Company: flatexDEGIRO AG Rotfeder-Ring 7 60327 Frankfurt / Main Germany Phone: +49 (0) 69 450001 0 E-mail: Internet: ISIN: DE000FTG1111 WKN: FTG111 Indices: SDAX Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1356185


Name: Achim Schreck Tel: +49 (0) 69 450001 1700 Email:

METAQ Coin Listed on Global Exchange MEXC

PANGYO, South Korea--(BUSINESS WIRE)-- #CryptoFishing -- Metaplanet announced that its cryptocurrency 'METAQ Coin' has been listed on the global cryptocurrency exchange, MEXC.

METAQ Coin recorded a turnout of 128,000% at the Kickstarter listing voting event held by MEXC and it has been listed on MEXC since May 10th.

MEXC Exchange, established in 2018, is one of the top 10 global exchanges listed on CoinMarketCap, a global cryptocurrency market site, and is used by more than 6 million users in 200 countries. On the exchange, it is possible to pay for cryptocurrency through Visa and Mastercard, and it has grown rapidly by supporting various services such as DeFi, staking, and Kickstarter using its own token, MX token.

METAQ Coin is a cryptocurrency that can be utilized in Crypto Fishing , an NFT-P2E game being developed and serviced by the METAQ project. In the game, users can swap the earned AQUA tokens with METAQ Coins.

With the METAQ Coin listing on the MEXC Exchange, the accessibility of users to Crypto Fishing has greatly improved.

"With the listing on the globally renowned MEXC Exchange, the brand awareness of METAQ among overseas investors and domestic and foreign users will be increased, while securing active users. In addition, it will spur the global expansion of METAQ ecosystem,” Metaplanet CEO, JeongYeop Shin said. “METAQ project team will continuously provide game users with upgraded service to enhance the user convenience.” Contacts

Metaplanet Layla Jeong +82-10-9779-9270

Cathedra Bitcoin Announces C$6,450,000 Non-Brokered Investment from Kingsway Capital and Ten31

TORONTO--(BUSINESS WIRE)-- $CBIT #Bitcoin --Cathedra Bitcoin Inc. (TSX-V: CBIT; OTCQX: CBTTF) (“ Cathedra ”), a Bitcoin company that develops and operates world-class bitcoin mining infrastructure, today announced the execution of subscription agreements with respect to a non-brokered private placement offering (the “ Offering ”) with Kingsway Capital and Ten31 (collectively, the “ Investors ”) for the sale of up to 17,916,667 units (“ Units ”) at a purchase price of C$0.36 per Unit, for gross proceeds of approximately C$6,450,000.

Each Unit consists of one common share of the Company (a “ Unit Share ”) and three-quarters of one (0.75) common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant entitles the holder thereof to acquire one (1) common share (a “ Warrant Share ”) for a period of five (5) years following the closing date. A total of up to 13,437,500 Warrants underly the Units with the following exercise prices per Warrant Share: 2,867,500 Warrants at an exercise price of C$0.54 per Warrant Share 2,867,500 Warrants at an exercise price of C$0.79 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.04 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.29 per Warrant Share 2,867,500 Warrants at an exercise price of C$1.54 per Warrant Share

The Company intends to use the proceeds from the Offering for general corporate purposes and working capital.

All Warrants, Warrant Shares, and Common Shares issuable pursuant to the Offering will be subject to statutory hold periods of four (4) months and one (1) day from the date of issuance thereof. The Units have not been registered under the United States Securities Act of 1933, as amended, or applicable state securities laws, and the Units may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements.

The Offering is expected to close on or around May 20, 2022, and is subject to receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange.

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 owns 187 PH/s across various sites around the United States and expects to deploy an additional 538 PH/s in 2022. Upon the full deployment of its purchased machines, Cathedra’s hash rate is expected to total 725 PH/s. 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 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 expected deployment of an additional miners, the intentions and future actions of senior management, the intentions, plans and future actions of the Company, as well as the Company’ 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. Such factors include, among others: the ability of the Company to achieve its corporate objectives or otherwise advance the progress of the Company; risks related to the international operations; the Company's inability to obtain any necessary permits, consents or authorizations required for its activities; an inability to predict and counteract the effects of COVID-19 on the business of the Company, including but not limited to the effects of COVID-19 on capital market conditions, restriction on labor and international travel and supply chains; general market and industry conditions; and those risks set out in the Company’s public documents filed on SEDAR. 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 Please contact: Sean Ty Chief Financial Officer

Schroders Supports Workers’ Rights and Digital Rights at Upcoming AGMs

NEW YORK--(BUSINESS WIRE)-- #agms --Schroders today announces it is supporting workers’ and digital rights at the upcoming Annual General Meetings of Alphabet, Amazon and Meta.

The pre-declaration of Schroders voting intentions follows prior engagement activity with the companies on these specific themes, with this escalation being the next step of our active ownership process.

In total, Schroders is today unveiling its voting intentions for 11 resolutions at the three companies next week. This follows the publication of Schroders Engagement Blueprint which has set new standards on active ownership and targets on engagement.

Schroders’ engagement with Amazon is focused on supporting workers’ rights, one of six priority themes in the Blueprint. Specific engagement areas encompass improving the wages paid to staff and the benefits that they are offered; worker engagement and representation within Amazon; the health and wellbeing of workers and the working conditions within Amazon’s warehouses.

In terms of Meta and Alphabet, Schroders will vote in favour of improving their approach to digital rights – including exploitative content, misinformation and privacy.

Kimberley Lewis, Head of Active Ownership, Schroders, commented:

“At Schroders we approach active ownership differently. We believe it is important to set clear expectations for companies around sustainable business practices and, as a result, we are able to influence corporate behaviour through constructive and committed engagement with the companies and assets we invest in.

“We have selected proposals which are aligned with our Blueprint and where we have an engagement history. Some 11 of these proposals have already been highlighted as ‘ones to watch’ by key external advocacy pressure groups and we will not hesitate in publishing our voting intentions for more resolutions if we believe it is the right thing to do.”

Kate Rogers, Head of Sustainability, Schroders Wealth Management, commented:

“These issues are growing in importance for our clients who are pressing us to do more to ensure the companies that we invest in are acting responsibly. By voting against the management at Alphabet and Meta we are signalling the importance of big technology companies acting to avoid harm and tackling misinformation on their platforms. At Amazon, we stand with the workers, seeking more disclosure on working conditions and their treatment.

“As active managers the way we use our influence can make a significant difference helping companies to transition to a more sustainable business model and accelerating positive change. This is important for financial returns as companies and countries’ impacts on the planet are increasingly hitting their bottom lines. At Schroders we strongly believe that companies can’t exploit these issues – both workers and digital rights - without recourse through financial cost or reputational risk.”

Please see below a list of the shareholder proposals for which Schroders is pre-declaring its intention to vote for at Alphabet, Amazon and Meta. Please note that we are still considering other agenda items at these meetings - we are likely to be voting against the boards’ recommendations for other proposals in addition to the above shareholder proposals:

2022 Amazon AGM (Workers Rights)

ITEM 9—Shareholder proposal requesting a report on worker health and safety differences

ITEM 13—Shareholder proposal requesting additional reporting on freedom of association

ITEM 16—Shareholder proposal requesting a report on warehouse working conditions

2022 Meta AGM: (Digital Rights)

ITEM 8: Report on Community Standards Enforcement

ITEM 9: Report on User Risk and Advisory Vote on Metaverse Project

ITEM 10: Publish Third Party Human Rights Impact Assessment

ITEM 11: Report on Child Sexual Exploitation Online

ITEM 14: Commission Assessment of Audit and Risk Oversight Committee

2022 Alphabet AGM: (Digital Rights)

ITEM 14: Report on Managing Risks Related to Data Collection, Privacy and Security

ITEM 15: Disclose More Quantitative and Qualitative Information on Algorithmic Systems

ITEM 16: Commission Third Party Assessment of Company's Management of Misinformation and Disinformation Across Platforms

Note to Editors

For trade press only. To view the latest press releases from Schroders visit:

Schroders plc

Founded in 1804, Schroders is one of Europe’s largest independent investment management firms by assets under management. As at 31 December 2021, assets under management were £731.6 billion (€871.3 billion; $990.9 billion). The founding family remain a core shareholder, holding approximately 48% of the firm’s voting shares. Schroders has continued to deliver strong financial results. It has a market capitalisation of over £8 billion and employs over 5,500 people across 37 locations.

Schroders has benefited from the most diverse business model of any UK asset manager by geography, by asset class and by client type. Schroders offers innovative products and solutions across their five business areas of solutions; institutional; mutual funds; private assets & alternatives; and wealth management. Clients include insurance companies, pension schemes, sovereign wealth funds, endowments and foundations. They also manage assets for end clients as part of their relationships with distributors, financial advisers and online platforms. Schroders’ Wealth Management offering reflects their strategic ambition to provide wealth management and financial planning services to clients across the wealth spectrum.

Schroders’ strategic aims are to grow the asset management business, build closer relationships with end clients and expand their private assets and alternatives business. Schroders’ purpose is to provide excellent investment performance to clients through active management. The business channels capital into sustainable and durable businesses to accelerate positive change in the world. Schroders’ business philosophy is based on the belief that if we deliver for clients, we deliver for Shareholders and other stakeholders.

Important Information: All investments involve risk, including the loss of principal. The views and opinions stated are those of the individuals quoted and are subject to change. This document does not purport to provide investment advice and the information contained is for informational purposes and not to engage in any trading activities. Reliance should not be placed on the views and information in the document when making individual investment and/or strategic decisions. The material is not intended to provide, and should not be relied on for accounting, legal or tax advice, or investment recommendations. Schroder Investment Management North America Inc. (“SIMNA Inc.”) is registered as an investment adviser with the US Securities and Exchange Commission and as a Portfolio Manager with the securities regulatory authorities in Alberta, British Columbia, Manitoba, Nova Scotia, Ontario, Quebec and Saskatchewan. It provides asset management products and services to clients in the United States and Canada. Schroder Fund Advisors LLC (“SFA”) markets certain investment vehicles for which SIMNA Inc. is an investment adviser. SFA is a wholly-owned subsidiary of SIMNA Inc. and is registered as a limited purpose broker-dealer with the Financial Industry Regulatory Authority and as an Exempt Market Dealer with the securities regulatory authorities in Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario, Quebec, and Saskatchewan. SIMNA Inc. and SFA are wholly-owned subsidiaries of Schroders plc, a UK public company with shares listed on the London Stock Exchange. Further information about Schroders can be found at or . Contacts

Sarah Levine 646.818.9289

PGIM calls cryptocurrency ‘portfolio kryptonite’ but sees opportunities in broader ecosystem

NEWARK, N.J.--(BUSINESS WIRE)--The latest crypto collapse — in large part driven by poor design of a so-called “stablecoin” — highlights just one of the many reasons why cryptocurrency is a poor choice for long-term investors, according to PGIM, the $1.4 trillion global investment management business of Prudential Financial, Inc. ( NYSE: PRU ).

In PGIM’s latest Megatrends paper, “Cryptocurrency Investing: Powerful Diversifier or Portfolio Kryptonite?” dozens of investment professionals from across PGIM’s fixed income, equity, real estate, private debt and alternatives businesses dissect the most common pro-cryptocurrency arguments and find that direct investment in cryptocurrencies offers little benefit to an institutional investor — while adding considerable volatility and risk.

“As long-term investors and fiduciaries on behalf of our clients, three things need to be true for us to add an asset class into a portfolio: the asset needs a clear regulatory framework, it needs to be an effective store of value, and it needs to have a predictable correlation with other asset classes,” says PGIM CEO David Hunt. “Cryptocurrency currently meets none of these three criteria. It’s much more of a speculation than an investment.”

The PGIM research shows that cryptocurrency is an unreliable portfolio diversifier and an inadequate safe-haven asset or inflation hedge. Recent risk-adjusted returns are not much different than other asset classes but with more frequent and greater drawdowns. Furthermore, the unsettled regulatory backdrop and the significant environmental, social and governance concerns pose significant additional headwinds for long-term investors.

“Cryptocurrency may be a heroic quest to build a viable, decentralized peer-to-peer payment system, but its pricing is based on speculative behavior, rather than a fundamental thesis around its value or utility,” says PGIM Head of Thematic Research Shehriyar Antia. “Furthermore, with little evidence to support it as an effective inflation hedge or safe-haven asset, we see no reason for cryptocurrencies to be a part of institutional portfolios.”


Cryptocurrency is not an effective hedge against inflation: In 2021, the price of bitcoin and other cryptocurrencies moved with inflation only for a brief time before falling sharply. Gold, on the other hand, has demonstrated since the 1970s that it can be an effective and reliable inflation hedge.

Bitcoin does not function as a safe-haven asset: Bitcoin, the most prevalent cryptocurrency, was not a steadying force in early 2020 when global asset prices spiraled downward due to worldwide COVID-induced shutdowns. It held far less of its value than conventional safe-haven assets.

Cryptocurrencies clash with ESG objectives: A single transaction on the bitcoin blockchain is equivalent to 2 million transactions on the Visa network, or roughly the same energy needed to power the average American home for over two months. From a governance perspective, the anonymity and difficulty in tracing identity of owners makes it a preferred medium of exchange in illicit activity — such as the potential for skirting sanctions in the wake of Russia’s invasion of Ukraine.


“Cryptocurrency gets all the breathless hype, but it’s the underlying technology where we find the most interesting investment opportunities,” says Taimur Hyat, chief operating officer for PGIM. “Firms that enable real-world blockchain applications like clearing and settling transactions, preventing fraud, and tokenizing real assets offer significantly greater creation of value over the next decade. The old axiom applies — when there’s a gold rush, invest in shovels and pickaxes.”

Private blockchains and smart contracts: Distributed ledger technology and smart contracts can revolutionize elements of financial services, logistics, and supply chain management, as they eliminate the need for counterparty and trade verification as well as transaction and record reconciliation.

Next-generation securitization: The tokenization of real estate and infrastructure assets could substantially reduce costs from transactions and servicing, increase liquidity, simplify transactions, enhance price transparency, and allow more granular portfolio construction.

The infrastructure and ecosystem supporting blockchains and future central bank digital currencies: Collateral innovation in areas such as fraud prevention, regulatory compliance and other key enablers of the broader crypto ecosystem has the potential to generate attractive returns for owners of the companies that provide these services.

To learn more, read “Cryptocurrency Investing: Powerful Diversifier or Portfolio Kryptonite?” the latest in PGIM’s Megatrends research series .


PGIM, the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), ranks among the top 10 largest asset managers in the world 1 with more than $1.4 trillion in assets under management as of March 31, 2022. With offices in 17 countries, PGIM’s businesses offer a range of investment solutions for retail and institutional investors around the world across a broad range of asset classes, including public fixed income, private fixed income, fundamental equity, quantitative equity, real estate and alternatives. For more information about PGIM, visit .

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit .

1 Prudential Financial, Inc. (PFI) is the 10th largest investment manager (out of 477 firms surveyed) in terms of global assets under management based on Pensions & Investments’ Top Money Managers list published on May 31, 2021. This ranking represents global assets under management by PFI as of Dec. 31, 2020.

CONNECT WITH US: Visit Join the conversation @PGIM Contacts


U.S. Julia O’Brien +1 862 754 0005

Europe & APAC Sharan Kaur +44 (0)7866154772

Fidelity Offers Access to Virtual World of Possibilities Through Metaverse Index ETF on the NEO Exchange

TORONTO--(BUSINESS WIRE)-- $FMTV #NEOExchange -- NEO is proud to welcome Fidelity Investments Canada ULC (“Fidelity”) back to the NEO Exchange with the launch of the Fidelity Total Metaverse Index ETF, an equity strategy now available for trading under the symbol FMTV .

Designed to provide access to the companies that are expected to drive the development of the virtual universe, FMTV leverages Fidelity’s respected approach to index design, including their vast global network and extensive research capabilities.

FMTV seeks to replicate the performance of the Fidelity Canada Total Metaverse Index. The ETF invests primarily in equity securities of issuers from around the world that develop, manufacture, distribute, and sell products and/or services related to establishing and enabling the metaverse, including digital payment processing and cryptocurrency-related industries, which aim to support the digital economy of the metaverse.

“We’re excited to launch our new Fidelity Total Metaverse Index ETF, which offer investors exposure to various aspects of the metaverse, digital payments, and cryptocurrency industries ,” commented Kelly Creelman, Senior Vice President, Products & Marketing at Fidelity. “Investors and advisors are looking for differentiated investment solutions to help them meet their investing goals. Fidelity has been expanding its ETF lineup with solutions in many different asset classes.”

The Fidelity Total Metaverse Index ETF joins 5 other NEO-listed ETFs, including 4 All-in-One ETFs and the Fidelity Sustainable World Equity ETF. Investors can trade shares of all NEO-listed Fidelity ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers.

“The emergence of the Metaverse has unleashed a virtual world of possibilities, and Fidelity is at the forefront of providing access to never-before-seen investment opportunities in the space,” remarked Jos Schmitt, President and CEO of NEO. “As Canada’s Tier 1 exchange for the innovation economy, NEO is the ideal listing partner for FMTV, and we are honoured to provide the platform that brings this future-forward product to investors.”

The NEO Exchange is home to over 230 unique listings, including ETFs from Canada’s largest ETF issuers, and some of the most innovative Canadian and international growth companies. NEO consistently facilitates about 20% of all trading in Canadian ETFs and 10% to 15% of all volume traded across Canadian marketplaces. Click here for a complete view of all NEO-listed securities.

About the NEO Exchange

The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

NEO recently introduced Canadian ETF Market , a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis, powered by ETF specialist Trackinsight. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.

Connect with NEO: Website | LinkedIn | Twitter | Instagram | Facebook

About Fidelity Investments Canada ULC

At Fidelity, our mission is to build a better future for Canadian investors and help them stay ahead. We offer investors and institutions a range of innovative and trusted investment portfolios to help them reach their financial and life goals. As a privately-owned company, our people and world class resources are committed to doing what is right for investors and their long-term success. Our clients have entrusted us with $189 billion in assets under management (as at May 10, 2022) and they include individuals, financial advisors, pension plans, endowments, foundations and more.

We are proud to provide investors a full range of domestic, international and global equity and income-oriented mutual funds, ETFs, asset allocation strategies, managed portfolios, sustainable investing products, alternative mutual funds and a high net worth program. Fidelity is available through a number of advice-based distribution channels including financial planners, investment dealers, banks and insurance companies.

For more information on the Fidelity Total Metaverse Index ETF, click here .

Connect with Fidelity: Website | LinkedIn | Twitter Contacts

NEO Media Contact: Aimee Morita

MVB Financial Corp. Names Lindsay Slader as Director

FAIRMONT, W.Va.--(BUSINESS WIRE)-- #bank --The Board of Directors of MVB Financial Corp. (“MVB” or “MVB Financial”) (Nasdaq: MVBF) has announced the appointment of Lindsay Slader as a Member of the Board.

“MVB is pleased to have Lindsay join the MVB Board of Directors. As a leader in the gaming industry, she will provide valuable expertise to the Board as we pursue our growth vehicles related to our expanding Fintech business,” said David Alvarez, Chairman, MVB Financial Board of Directors.

Slader was approved as a Director by the shareholders of MVB at the annual meeting of shareholders Tuesday, May 17, 2022, to serve for a three-year term.

Slader serves as the Managing Director of Gaming at GeoComply, a cybersecurity and fraud prevention firm delivering geolocation and user authentication technologies. She joined the company in its infancy in 2012 as its first employee in North America and has held various operational roles through the growth of the company’s core business in online gaming and sports betting. Beyond gaming, GeoComply provides solutions for streaming video broadcasters and the online banking, payments and cryptocurrency industries and serves an impressive list of global customers including Amazon Prime Video, BBC, Akamai, DraftKings, FanDuel and MGM.

Having worked in the internet gaming and digital services industries for 15 years, Slader is a recognized expert in her field, regularly speaking at industry conferences and as a weekly media contributor to both mainstream business and gaming industry publications. Over the last decade, Slader has provided expert witness testimony on regulatory compliance, geolocation technologies and her gaming industry expertise at several state and federal hearings. Prior to GeoComply, she spent five years specializing in regulatory compliance, gaming technology and business development at gaming compliance testing companies Gaming Laboratories International and Technical Systems Testing.

Slader graduated from the University of British Columbia with a bachelor’s degree in political science and international relations. She also holds a post-graduate diploma in Urban Studies from Simon Fraser University and a certificate in European Strategic Policy from Science Po Lille.

About MVB Financial Corp.

MVB Financial Corp., the holding company of MVB Bank, Inc., is publicly traded on The Nasdaq Capital Market® under the ticker “MVBF.” Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its subsidiary, MVB Bank, Inc., and the Bank’s subsidiaries, the Company provides financial services to individuals and corporate clients in the Mid-Atlantic region and beyond. For more information about MVB, please visit .

Forward-Looking Statements

MVB Financial Corp. has made 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, in this earnings release that are intended to be covered by the protections provided under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations about the future and subject to risks and uncertainties. Forward-looking statements include, without limitation, information concerning possible or assumed future results of operations of the Company and its subsidiaries. Forward-looking statements can be identified by the use of words such as “may,” “could,” “should,” “would,” “will,” “plans,” “believes,” “estimates,” “expects,” “anticipates,” “intends,” “continues,” or the negative of those terms or similar expressions. Note that many factors could affect the future financial results of the Company and its subsidiaries, both individually and collectively, and could cause those results to differ materially from those expressed in forward-looking statements. Therefore, undue reliance should not be placed upon any forward-looking statements. Those factors include but are not limited to: market, economic, operational, liquidity, and credit risk; changes in market interest rates; inability to achieve anticipated synergies and successfully integrate recent mergers and acquisitions; inability to successfully execute business plans, including strategies related to investments in financial technology companies; competition; length and severity of the COVID-19 pandemic and its impact on the Company’s business and financial condition; changes in economic, business, and political conditions; changes in demand for loan products and deposit flow; operational risks and risk management failures; and government regulation and supervision. Additional factors that may cause actual results to differ materially from those described in the forward-looking statements can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, as well as its other filings with the SEC, which are available on the SEC’s website at . Except as required by law, the Company disclaims any obligation to update, revise, or correct any forward-looking statements. Contacts

MEDIA CONTACT Amy Baker VP, Corporate Communications and Marketing MVB Bank (844) 682-2265

INVESTOR RELATIONS Marcie Lipscomb (844) 682-2265

FIS is Building the Bridge to the Metaverse: Tips for the New Digital Frontier

Key facts At its annual FIS Emerald client event, FIS launched its metastore allowing attendees to get hands on experience with transactions in the metaverse. Initiative supports FIS’ leadership role in creating the bridge from physical to digital which includes working with cryptocurrency exchanges and all forms of money movement technology to enable shopping and other transactions.

JACKSONVILLE, Fla.--(BUSINESS WIRE)--The metaverse is opening a new frontier of opportunities in the digital economy. As a financial technology leader, FIS ® (NYSE: FIS) is creating a bridge from physical to digital and looking to enhance customer experience for businesses that are innovating in this nascent market.

At its annual client event FIS Emerald 2022, FIS launched the FIS metastore, which brought the virtual metaverse world into a physical space to provide attendees with hands on experience with crypto and explore possibilities for new revenue streams and new customer experiences via the meta world. Through an in-person retail experience, Emerald conference attendees could purchase both physical items and limited edition non-fungible tokens (NFTs), all powered by Worldpay from FIS ® solutions.

“ With the FIS metastore, our goal was to show people the value and opportunities that the metaverse can bring for their businesses and what role FIS can play in global crypto digital exchanges,” said Himal Makwana, SVP, Head of Product Strategy and New Initiatives at FIS. “ As the metaverse grows, we are advancing our FIS offerings including crypto technology, expertise and services to clients that want to adapt their assets seamlessly into new digital experiences.”

Five Tips to Engage in the Metaverse 1. Ensure the metaverse is right for your business Take a step back and look at the big picture. Is this the right strategy for you and your customers? Building a good understanding of the use cases for the various platforms and how they might benefit your business is key to ensuring you take the right approach – with new development coming out on a regular basis, there’s always a new opportunity or use case to consider. 2. Meet your customers where they are in the metaverse Ask yourself, which metaverse platforms are your customers on, if any? Metaverse platforms haven’t reached mainstream adoption yet, so your customers are likely to be exploring several options, many of which have their own platform specific cryptocurrencies and some platforms with land for sale via better known blockchains such as Ethereum. 3. Accepting cryptocurrency will be essential for success Adoption of cryptocurrency is growing. People are starting to trade fiat currency for crypto or purchasing cryptocurrency directly. As the evolution of payments in the metaverse continues, you’ll want to create a strategy that works for your customers. Ensuring a fast, frictionless and easy to understand process is key to longer term adoption. 4. Keep up on the cutting-edge advancements in the metaverse to impact customer experience Especially in these early stages of metaverse development, it is important to stay up to date on the consumer experience. Staying abreast of new developments in the space is vital because innovations and new use cases might be the key to unlocking your potential in this sphere. 5. Be playful but cautious to stay safe in the metaverse Consider how your brand translates in the metaverse. Your clients will expect a totally new experience than how they interact with you across other channels. Understand the security, regulation, and behavioral standards within each metaverse platform to keep your customers safe in this new world.

FIS continues to invest in expanding its offerings for clients in the metaverse. Whether it is payments, digital wallets or trading in real-time, FIS is the trusted solution provider to leading crypto marketplaces across the globe including 4 of the top 5 cryptocurrency exchanges.

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 . Follow FIS on Facebook , LinkedIn and Twitter ( @FISGlobal ). Contacts

Kim Snider, +1 904.438.6278 Senior Vice President FIS Global Marketing and Communications

CoinRegTech Announces Strategic Investment from BroadPeak Partners

K3 System Exclusively Licensed to CoinRegTech for Two Decades

NEW YORK--(BUSINESS WIRE)-- CoinRegTech , a leading provider of regulatory technology to the digital asset and virtual currency marketplace, today announced a strategic investment from BroadPeak Partners , a global leader in low-code data management with a focus on regulatory reporting for financial markets, by exclusively licensing its K3 System to CoinRegTech for twenty years. This license will expand the regulatory compliance services delivered by CoinRegTech to the digital asset and cryptocurrency markets.

CoinRegTech’s platform is designed to meet applicable regulations and support the compliance needs of market participants. CoinRegTech has a comprehensive understanding of digital assets, securities and commodities markets, and is a leader in helping central providers of digital assets comply with securities and commodities regulations.

“Unprecedented changes are happening in digital asset markets that will usher in a new era of investor protection as well as open a new chapter in the $612 trillion financial market,” said Bruce Tupper, CoinRegTech Founder and President. “CoinRegTech is uniquely positioned to support the compliance obligations of service providers and participants in this novel marketplace.”

“As a registered Alternative Trading System for digital asset securities, we have comprehensive reporting duties into the FINRA Repositories. CoinRegTech and the K3 System provide us with a best-of-class reporting solution,” said Pat LaVecchia, CEO of Oasis Pro Markets.

The ​​K3 System provides data preparation and system integration with no special coding skills to support regulatory flows. Its trading solutions include regulatory reporting, global position limits, exchange connectivity, and trade surveillance.

“Few have developed a better understanding of where regulations over digital assets are going than CoinRegTech. We are now marrying that expertise with the world-leading technology of the K3 System. A suite of regulatory products is ready to support the compliance needs of customers in the digital asset markets,” said Gordon Allott, BroadPeak Partners Founder and CEO.

The President's Executive Order calls upon Agencies to broadly review the risks associated with digital assets and cryptocurrencies. U.S. and international regulators continue to expand their oversight and enforcement of smart contracts, cryptocurrencies, and stablecoins. The SEC and CFTC have stepped up enforcement actions, and the SEC recently proposed a rulemaking that would bring messaging protocols under their oversight. During the next two years, the landscape will likely look entirely different and central providers who have a well-developed regulatory strategy will be market leaders.

About CoinRegTech

CoinRegTech is a regulatory technology for digital assets and virtual currency. Founded by Tupper along with an experienced team including Virginia Persons (CFO and Co-Founder) and Patrick McCarty (Senior Policy Advisor and former CFTC General Counsel). Luis Aguilar (Former SEC Commissioner 2008-2015) will be joined by Gordon Allott (Founder and CEO of BroadPeak Partners) on the Advisory Board. The U.S. Patent and Trademark Office issued a patent (No. 8,005,743 Tupper et al.) for the confirmation system and methods established by Mr. Tupper. CoinRegTech operates independently from execution platforms, custodians, and market participants. For more information, visit .

About BroadPeak Partners

BroadPeak Partners is a global leader in low-code data management and the developer of the K3 System. This system provides a visual ETL data preparation, integration and orchestration platform, without client-side code. The platform is intuitive and requires no special coding skills to craft powerful data flows to and from files, applications, databases, or data warehouses. For more information, visit . Contacts

Sarah Thorson 609-234-8531

N3TWORK Studios Secures $46M in Series A Funding Led by Griffin Gaming Partners to Bring Great Games to Web3

Led by Veteran Game Makers, N3TWORK Will Bring Deep Experience in Game Design, Operations and Scaling to Launch Meaningful Blockchain Game Experiences

SAN FRANCISCO--(BUSINESS WIRE)--N3TWORK Studios, a developer and publisher of blockchain games, made up of veteran game developers, has closed $46 million in a Series A financing round led by Griffin Gaming Partners, with participation from Kleiner Perkins, Galaxy Interactive, KIP, Floodgate, LLL Capital, and N3TWORK, Inc. As part of the financing, Griffin Gaming Partners’ Peter Levin will join the Board of Directors. The funding will help further the development and launch of the studio’s first two web3 titles, Legendary: Heroes Unchained and Triumph .

“ We're a group of passionate veteran game makers who see a generational opportunity to leverage our expertise building and operating free-to-play games to create authentic web3 experiences that can reach audiences of millions of players,” Matt Ricchetti, President of N3TWORK Studios. “ We believe in a future where game economies are more open and players own the assets they earn and purchase. Reaching that future will require both expanding the core crypto gaming audience and demonstrating to the massive mobile free-to-play audience that web3 is a clear value-add to their gaming experience.”

N3TWORK Studios was formed in January 2022 from the games team of N3TWORK Inc., after Forte’s acquisition of the N3TWORK platform. The team is made up of more than 60 industry veterans — from companies including EA, Kabam, Zynga, Glu, GREE, Scopely, Machine Zone, Warner Brothers and Disney — who have built and operated many successful live service titles. N3TWORK Studios will employ its experience in free to play games as a key advantage to change the scale of audience impact. The company’s capabilities will be leveraged to expand the crypto games audience and to deliver game experiences that show the largest game audiences in the world that web3 will benefit players of all types. In order to power its games and economies, N3TWORK is partnering with Forte, a leading blockchain technology solutions company.

" Web3 is a paradigm shift and will be a massive games market expander,” said Peter Levin, Managing Director of Griffin Gaming Partners. " Mobile games and free-to-play reshaped the gaming landscape years ago, and the imaginative minds who led that shift are best positioned to apply the innovative thinking necessary to change the way we play again. N3TWORK Studios has the proven track record and knowledge base to fully realize this potential.”

N3TWORK Studios is approaching the space from two angles: fully crypto native games and a hybrid of free-to-play and web3. Legendary Heroes Unchained is a crypto native title, a play-and-earn RPG based on the popular Legendary: Game of Heroes IP, that will be built from the ground up in partnership with its community. Triumph is a deep, yet accessible real-time multiplayer RPG with an innovative economy that offers a hybrid of free-to-play and web3, designed to appeal to the mobile mass market.

LionTree served as exclusive financial advisor to N3TWORK Studios on its funding round.

About N3TWORK Studios

N3TWORK Studios is a newly formed gaming studio whose mission is to create incredible experiences in, on, and around the blockchain. Made up of seasoned game developers, the studio is rethinking how games are built, operated, marketed and financed in the wake of breakthrough web3 technology. N3TWORK Studios is working on a diverse portfolio of multiplatform titles, including its upcoming Legendary Heroes Unchained and Triumph .

About Griffin Gaming Partners

Griffin Gaming Partners is one of the world’s largest venture capital firms singularly focused on the global gaming market with over $1B AUM. The firm was founded by Peter Levin, Phil Sanderson, and Nick Tuosto, with LionTree as a strategic partner to the Fund. Griffin invests globally in seed through growth stages in both content and infrastructure companies such as SuperTeam Games, Forte, WinZO, Overwolf, Discord, AppLovin, Tactile, Spyke Games, Neon, DeHorizon, and Palm. For disclaimers and more information: Contacts

Jeremy Long

Video Streamer Clix Inc. and Wall Street Pros Team Up to Help Consumers “Get Savvy, Get Rich”

LOS ANGELES--(BUSINESS WIRE)-- #ClixNajarian --Clix Inc., the leader in consumer guidance for what to watch across all streaming platforms, today announced a strategic partnership with veteran Wall Street professionals who are committed, in this time of economic turmoil, to helping viewers “learn to earn.” Wall Street pros Marc LoPresti, along with Pete Najarian, and Jon Najarian (who traded NFL defensive careers for offensive options, crypto and stock trading success) are teaming up with Clix to create and distribute a series of consumer financial shows under the banner “Get Savvy, Get Rich.”

The CNBC regulars and partners in Market Rebellion, along with financial industry veteran LoPresti are producing original shows including “Crypto Convo,” “CEOs at the Nasdaq,” and “The Disruptors” (coming soon). Clix will market, distribute, monetize and showcase this unique financial content across, Clix mobile apps and the Clix linear video channels on Over The Top (OTT) platforms and Smart TVs. Clix reaches 120 million OTT television homes and streams on over 80 channels including Roku, Apple TV, Amazon Fire TV, Box One, LG Smart TV and all Plex TV channels. The streamer also reaches more than 100 million online viewers monthly.

“You’ll see and hear from leading entrepreneurs building the next unicorn poised to turn TradFi (traditional finance) upside down,” said Jon Najarian, ex-Chicago Bear who along with brother Pete (ex-Tampa Bay Buccaneer and Minnesota Viking) regularly appears on CNBC’s “Halftime Report,” “Overtime,” and “Worldwide Exchange” discussing market moves, options trading and the emerging world of crypto, blockchain and the metaverse.

“As entrepreneurs and founders of Clix Inc. our team is excited to learn about the next great wave of company leaders and we’re thrilled to bring the combined wisdom - as well as blocking and tackling knowledge - of the Najarian brothers and LoPresti to our fast-growing community of video entertainment consumers,” said Clix CEO and Founder Ed Sullivan. “As Pete would say about his high-flying stock picks, 'Giddy-Up!'”

Adds Clix co-founder and Chief Marketing Officer Stacy Jolna, “Jon, Pete, and Marc are among the best in the business and their mission to partner with Clix to make sense of the marketplace chaos in a clear and entertaining way is both refreshing and critical to our consumers.”

“Collectively, the three of us have about 100 years on Wall Street,” said Pete Najarian, known as “the Pit Boss.” “Now we’re committed to bringing our experience to Clix viewers to help them become more financially independent; to ‘learn to earn’ in these volatile financial markets.”

“In addition to sharing Jon and Pete’s amazing market insights, this programming will help viewers understand the exploding crypto sector and take them behind the scenes in the closed-door world of venture capital,” said LoPresti, who along with Jon also runs Moneta Advisory Partners LLC.

The partners put their new mission into contemporary context: “The global pandemic caused people around the world to consider turning their ‘side hustle’ into their job, to try becoming entrepreneurs,” LoPresti said.

Adds Jon, “We will bring you the financial technology winners and business leaders who turned their passions into business-reality. To join us, just click on Clix. Bang!”

For more information: visit

Clix Leadership Team

Edward M. Sullivan is Clix founder and CEO. He is a recipient of multiple Emmy Awards and Telly’s for his entertainment industry marketing and branding as head of Pittard-Sullivan, which launched and re-launched over 200 channels worldwide, including CBS, ABC, Fox, HBO, Discovery Communications, and DirecTV. Sullivan was a catalyst in driving viewers to specific programs and networks for distributors, studios, content creators, and advertisers. His company also worked closely with Jolna on developing the brand and network-like interface for personal video recorder company TiVo and Microsoft’s WebTV.

Stacy Jolna , founder and Chief Marketing Officer, is the recipient of multiple News & Documentary Emmy Awards, the Cannes Lion and the Peabody Award. He has stood at the crossroads of media and technology for three decades. As a founding executive team member of TiVo, another successful industry disrupter, Jolna helped propel the company from concept to successful IPO and billion dollar market capitalization. He served as Chief Marketing Officer building the iconic TiVo brand and running point on investments by nearly every major media company. He served as SVP and General Manager of News Corp/TV Guide’s Digital TV Group. A successful broadcast journalism executive prior to going digital, at Time Warner/CNN he was Senior V.P. and Senior Executive Producer for Special Reports and launched award-winning “CNN Presents.”

Patricia Sullivan , founder and Chief Creative Officer, is an award-winning entertainment industry entrepreneur who built several production and post-production companies from concept to multi-million dollar exits. A veteran Hollywood producer, her innovative productions helped launch networks and TV shows globally. Patricia has created movie trailers driving opening weekend box office revenues beyond the $100 million mark for studios such as Disney. Patricia’s work has been honored with top awards including ATAS (Emmy), NY Film Festival, Monitor, Belding, BDA, Houston Film Festival, Gracie and Telly.

Bill Bradham , founder and Business Development Officer, leads Investors Relations for Clix. He is a veteran business advisor and strategist, successfully counseling over 250 small, medium and large companies. Counseling Protron Electronics, the Company drove revenues of $800 million in worldwide sales in its first fiscal year. Proficient in knowledge of how to grow a company's business via effective market research, marketing, branding and sales programs, Bill builds teams, negotiates and raises funds. Bradham has negotiated over $13 billion in business contracts, raised over $600 million for various business ventures, and over $130 million for various national charitable causes.

About Clix, Inc.

Clix is a multi-platform streaming company at the intersection of entertainment, technology and e-commerce. It is free and reaches 120 million digital television homes, and streams to more than 100 million online viewers monthly. It has distribution on every screen for mobile, web and home consumption: along with the company’s web, iOS and Android distribution. Clix is carried on over 80 long-form linear channels on Roku, Apple TV, Amazon Fire TV, IMDb TV, Box One, LG Smart TV, and all Plex TV channels. It features original entertainment, lifestyle, humor and sports programming from award-winning producers as well as emerging talent. Clix features social media influencers, celebrity athletes, chefs, comedians, eSports commentators, adventurers, and more. Its range of content spans Hot Trends, Extreme Sports, Fashion & Lifestyle, Travel & Adventure, Funny, Food & Wellness, Fitness, Kids Stuff, and more. Clix is also a promotional champion of top series and movies on major streaming platforms, making it simpler for viewers to find what they want to watch and subscribe to leading streaming services. Clix is also a promotional venue for theatrically released feature films. Clix is an immersive, direct-to-consumer brand experience where viewers can watch, shop and earn Clix cash rewards redeemable for brand products or for charities they support. Contacts

Debra Sharon Davis President Davis Communications Group, Inc. Mobile: 818 519 2089 Office: 818 710 8198

Chia Network Joins the Blockchain Association to Amplify Policy Efforts

SAN FRANCISCO--(BUSINESS WIRE)-- Chia Network Inc. (“Chia” or the “Company”), founded by Bram Cohen to provide an open source public blockchain optimized for real-world adoption, today announced its membership in the Blockchain Association , a member-led industry association supporting future-forward and pro-innovation policy and regulatory frameworks for blockchain and the crypto economy.

Chia seeks to serve as a compliant infrastructure for the future of finance, and together with the Blockchain Association, build regulatory and institutional trust through demonstrated security, sustainability, equitable access, and inclusivity. The speed and breadth of adoption of blockchain technology and cryptocurrency highlight the necessity of mutual education, meaningful dialogue and collaborative efforts with policymakers. The industry comprises a broad set of organizations, each focused on their respective work and needs – the Blockchain Association provides a valuable forum for alignment and a central locus of external representation.

Through its membership, Chia will participate with the most prominent industry coalition in regulatory analysis and insight, and gain a platform to amplify the continued growth, development, and application of the Chia blockchain and technologies. Additionally, Chia will continue to represent the needs of its farmer and developer communities within the industry and to regulatory stakeholders.

“We’re stewarding one of the most decentralized blockchain networks and communities in the world, and we believe it’s incumbent upon us to provide education and input to policymakers from an industry perspective and equally important to solicit feedback,” said Gene Hoffman , President and Chief Operating Officer of Chia Network. “We’re driving real-world use cases with our technology, initially serving multilaterals focused on Climate Finance, and the Blockchain Association provides a platform to connect with industry peers and policymakers. The future of global finance is being created, regulated, and litigated today – and our work together ensures Chia’s voice is heard.”

“We are pleased to welcome Chia Network as a member of the Blockchain Association,” said Kristin Smith , Executive Director of the Blockchain Association. “Chia is leveraging new innovations in blockchain technology to build a network optimized for the future of finance. Chia’s commitment to security and sustainability in the development of its open source network make it a significant addition to our unified industry voice.”

About Chia Network

Chia Network built a better blockchain to drive real-world use and application. Founded by Bram Cohen, inventor of BitTorrent, Chia provides a secure, sustainable and regulatory compliant blockchain setting the standard for the infrastructure of digital currency and inclusive access to global, decentralized finance. Through the innovative Proof of Space and Time consensus algorithm, Chia Network’s public, open source blockchain leverages hard drive space to create the first new Nakamoto Consensus since Bitcoin in 2009.

For more information, visit: Contacts

Media Contacts: FTI Consulting Dan Margolis & Parveen Singh E:

IR Contacts: Gretchen Lium Head of Investor Relations E:

Xago, Innovative Crypto Fintech Based in South Africa, Announces XUS Supporting the US Dollar

CAPE TOWN, South Africa--(BUSINESS WIRE)-- #Africa -- Xago Technologies (Pty) Ltd. in CAPE TOWN, South Africa, announces the launch of Xago XUS which supports the US dollar, empowering clients to deposit and payout funds, with US dollars and USDC via the Xago platform.

Founded in 2016, Xago enables business and individual clients to send money instantly, at a fraction of the cost of traditional operators, all with the certainty that the transaction is highly secure, compliant, and knowing exactly when it arrives at its payout point.

“ Countries in Africa are the poorest globally , yet individuals are being charged the highest international money transfer fees with up to 14.5% in South Africa as a prime example. Xago is committed to developing innovative, faster than-ever-before, low cost transaction and trading capabilities, bringing certainty to our clients at a time when the world is still reeling from the costs of the Covid pandemic. We are proud to announce the launch of the XUS stable coin which enables our clients from all over the world to transact with US dollars. The funds will now arrive at its destination in a matter of hours, not days, and for far less cost than even the global average of just over 6%. This is a first of many new stable coins to become available on Xago’s platform,” confirms Mark Chirnside, CEO and Co-founder of Xago.

XUS is also available on Xago’s revolutionary mobile app, of which a new version was released recently . The app was developed with advanced (future generation) neuromorphic computing technologies to simulate human recognition to protect clients from any possible fraudulent activity. A world-first.

About Xago Technologies (Pty) Ltd.

Banks, eCommerce platforms, retailers, mobile operators, crypto exchanges, commodity companies and international business owners partner with Xago to transfer money into and out of Africa rapidly, securely, compliantly, cost-effectively and with CERTAINTY. Xago is audited by Mazars, our executive team works with the South African Financial Regulators (the IFWG) and has championed fair regulation of the crypto industry since inception. Xago harnesses the power of mobile, retail networks and blockchain technology in playing a crucial role to transform the payment industry by bypassing traditional payment costs and delays, with a focus on empowering people in Africa. Contacts

For more information, please contact: Cheridan Inglis Chief Marketing Officer

Signature Bank Launches New National Business Line With Appointment of Healthcare Banking and Finance Team

Nine Seasoned Banking Professionals Comprise New Private Client Banking Team to Serve Healthcare Industry

NEW YORK--(BUSINESS WIRE)-- Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today the launch of a new business line with the appointment of a nine-person Healthcare Banking and Finance (HBF) team. The new private client banking team will provide lending services while garnering deposits to clients within the healthcare arena.

Leading the new business and HBF team is Matthew T. Huber, recently named Senior Vice President and Managing Group Director. In this capacity, Huber will oversee all aspects of the HBF team, including managing the team’s pipeline and banking activities and building a healthcare-related portfolio spanning both lending and deposit clients.

The HBF team is focused on serving for-profit and non-profit companies which provide a range of healthcare services as well as senior housing owners and operators, hospitals, large physician practices, ambulatory surgery centers, drug and rehabilitation facilities, skilled nursing homes and facilities offering independent living, assisted living and memory care and continuing care retirement communities.

Huber brings 25 years of healthcare banking and finance experience to his new role. During the course of his extensive career, he developed a specialty niche in healthcare banking. Most recently, he was Market Manager, Healthcare Finance at People’s United Bank until it merged with M&T Bank. He managed and oversaw the healthcare finance business vertical, serving clients throughout New England and the Mid-Atlantic market. Prior to that, he was Director, Healthcare Enterprise Strategy – Commercial Segment at Key Bank, N.A., in Syracuse, N.Y. He spent seven years as Senior Director and Division Manager – Commercial Healthcare Group at First Niagara Bank, also in Syracuse and was Senior Vice President and Regional Manager, Real Estate Capital Healthcare Group at Key Bank, N.A., in Cleveland, Ohio.

Joining Huber’s team are several seasoned banking professionals who also previously worked at People’s United Bank, including: Walter Unangst, named Senior Vice President and Group Director at Signature Bank, was formerly Senior Vice President and Senior Relationship Manager Ken Jamison, appointed Senior Vice President and Group Director, was Senior Vice President, Market Manager of Capital Markets Patricia Quint, now Senior Vice President and Group Director at the Bank, was Market Manager of Commercial Deposit Services Ryan Zyskowski, appointed Vice President and Relationship Manager, was Vice President-Relationship Manager Liam Ryan, a Vice President and Loan Portfolio Manager for Signature Bank, was Vice President-Portfolio Manager Kristin Maier, named Assistant Vice President and Associate Loan Portfolio Manager, was Assistant Vice President-Portfolio Manager

Additionally, other appointments to the team include Doreen Schafer, appointed Vice President and Loan Administration Manager. She was a Vice President, Senior Loan Closer at KeyBank prior to joining the Bank; and Eric Halpern, named Senior Vice President and Group Director, held the role of First Senior Vice President, National Head of Healthcare at Bank Leumi USA.

“Signature Bank had been seeking the right opportunity to enter the healthcare banking and finance space for years. Healthcare is a continually evolving and everchanging industry, as baby boomers come of age, people live longer and medical technology advances. All this places an even greater demand for healthcare services, thereby elevating the opportunity for broader lending and finance services. We identified what we believe to be a tremendous and persistent need for commercial healthcare finance nationwide. The time is right, and we welcome Matt and his team as they all bring deep healthcare banking and finance expertise to the Bank as we launch this new national business line,” said Joseph J. DePaolo, Co-founder, President and Chief Executive Officer at Signature Bank.

Huber commented on his new position and the Bank’s formation of its HBF business line: “Signature Bank was looking to develop a de novo healthcare group with the type of specialty my team possesses. The way in which the Bank is structured -- in terms of its focus on relationship-based banking and its single-point-of-contact approach -- was both very impressive and attractive to our team. Furthermore, the entrepreneurial model is enticing for those of us with strong client relationships and solid credit skills. The working culture of the Bank promotes balanced autonomy while also fostering significant opportunities for growth. We are looking forward to the contributions the HBF team will make to the continued success of Signature Bank.”

About Signature Bank

Signature Bank (Nasdaq: SBNY), member FDIC, is a New York-based, full-service commercial bank with 38 private client offices throughout the metropolitan New York area, as well as those in Connecticut, California 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.

Since commencing operations in May 2001, Signature Bank reached $121.85 billion in assets and $109.16 billion in deposits as of March 31, 2022. Signature Bank placed 19 th on S&P Global’s list of the largest banks in the U.S., based on deposits at year-end 2021.

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 solution to be approved for use by the NYS Department of Financial Services.

For more information, please visit .

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. 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 and Corporate Development 646-822-1479,

Media Contact : Susan Turkell Lewis, 646-822-1825,

Ripple and FINCI Introduce the Benefits of On-Demand Liquidity to Lithuania

LONDON & VILNIUS, Lithuania--(BUSINESS WIRE)--Today, Ripple , the leader in enterprise blockchain and crypto solutions, announced a partnership with FINCI , the Lithuanian online international money transfer provider, to deliver instant and cost-effective retail remittances and business to business (B2B) payments via RippleNet’s On-Demand Liquidity (ODL), which leverages XRP for crypto-enabled cross border payments.

FINCI is Ripple’s first customer in Lithuania and the partnership represents the opening up of a new market for Ripple’s ODL. As a result, the partnership will enable FINCI’s customers to make seamless payments between Europe and Mexico while eliminating the need for FINCI to pre-fund accounts abroad, giving them the opportunity to return capital into their business.

Cross-border payments are a challenge for payments service providers (PSPs) and Small and Medium-Sized Enterprises (SMEs) who are left prefunding accounts and managing trapped capital. By using ODL, SMEs can now leverage previously trapped, pre-funded capital to grow and scale their business.

Together, the two leading fintechs will make it easier than ever for consumers and businesses to make real-time payments internationally powered by Ripple’s financial technology, RippleNet. With FINCI’s technology, its customers now have an alternative to legacy payments systems and can make remittances and send funds across borders faster, more reliably, and at lower cost.

“We’re excited to be working with Ripple to make it easier for FINCI customers to move money around the world. We share the same fundamental goal of removing the hidden inefficiencies affecting international payments. What’s more, the savings and operational improvements we’ll achieve by using Ripple’s ODL will allow us to put money back into the business and enhance our offering to our customers,” said Mihails Kuznecovs, Chief Executive Officer, FINCI .

“Cross-border payments have traditionally been slow, complex and unreliable. ODL is the first enterprise-grade solution to address these cross-border payment problems by tapping into global crypto liquidity, giving our customers a completely new way of doing business to help them grow and scale. We’re delighted that FINCI is our latest ODL deployment in Europe and are looking forward to soon announcing additional European partners who are preparing for a crypto-enabled future,” said Sendi Young, Managing Director, Europe, Ripple .

Demand in Europe for Ripple’s products remains extremely strong. According to Ripple’s New Value research , 70% of respondents at financial institutions in Europe think blockchain will have a massive or significant impact on their business in the next 5 years, while 59% of respondents are interested in using blockchain for payments. Lithuania has been particularly forward-thinking when it comes to embracing digital assets, with its central bank being the first in the eurozone to issue a central bank-produced digital coin.

Ripple was the first enterprise company to leverage crypto to tackle the trillion dollar challenges with cross-border payments. Ripple is the market leader in blockchain and crypto enterprise solutions and continues to see unprecedented growth globally, as customers continue to grow and scale with ODL. In 2021 Ripple had its most successful year to date, more than doubling the number of transactions on RippleNet. RippleNet’s annualized payment volume run rate now stands at $15B.

RippleNet leverages blockchain technology to help partners across a global network accelerate their business performance and scale. It delivers a superior end-customer experience, simplified network partnering, liquidity management solutions, lines of credit, and state-of-the-art infrastructure to enable real-time payments.

Ripple’s ODL now enables payouts in 25 payout markets including Singapore, Malaysia, Poland, Indonesia and Thailand. FINCI joins companies including Azimo, Novatti, FlashFX, iRemit, Tranglo, SBI Remit, Pyypl and more who are realising the benefits of ODL for their business and customers.

About Ripple

Ripple is a crypto solutions company that transforms how the world moves, manages and tokenizes value. Ripple’s business solutions are faster, more transparent, and more cost effective - solving inefficiencies that have long defined the status quo. And together with partners and the larger developer community, we identify use cases where crypto technology will inspire new business models and create opportunity for more people. With every solution, we’re realizing a more sustainable global economy and planet - increasing access to inclusive and scalable financial systems while leveraging carbon neutral blockchain technology and a green digital asset, XRP. This is how we deliver on our mission to build crypto solutions for a world without economic borders.


FINCI is a fintech company offering a range of financial services for private and business customers, across 29 countries. With a Mastercard-powered debit card, and intuitive app on iOS and Android, customers can easily send and receive payments from around the world, and in multiple currencies. And through the development of AI, machine learning and other technologies, FINCI plans to make people’s day-to-day financial life even faster and easier. Contacts

Ian Burge

Hiro Capital Joins Knollwood and Boost VC With Major Investment in Skybound Entertainment

LONDON--(BUSINESS WIRE)--Hiro Capital has invested in Skybound Entertainment in a significant, undisclosed round led by Knollwood Advisory with participation from Boost VC, and follow-on participation from Com2uS and Skydance Entertainment. Skybound Entertainment is home to acclaimed franchises including The Walking Dead, Invincible, and Impact Winter.

“There is nothing more powerful than storytelling, and I’m delighted that Hiro has been able to invest in Skybound Entertainment, creators and curators of extremely compelling omniverses,” said Sir Ian Livingstone, Co-Founding Partner of Hiro Capital.

“Hiro’s trust in our vision will help us accelerate the evolution of existing hit franchises as well as new content for our fan base around the world,” said Skybound CEO David Alpert.

Skybound brings together creators across its multi-faceted business, including comics, interactive games, audio, film, and television (traditional and digital platforms), licensing, and merchandising. Skybound has successfully franchised some of its biggest IP by connecting creators and their content to new platforms and audiences. Skybound is responsible for turning Robert Kirkman's comic book series The Walking Dead into a multi-billion-dollar franchise through a television adaptation, numerous video games and merchandise, and novels. Kirkman's comic book series Invincible is also in production for seasons 2 and 3 after a high-acclaimed and successful first-season debut through an exclusive partnership with Amazon Prime.

Hiro’s creator-first approach supports some of the best teams in the industry to build futuristic new worlds. Hiro will have more announcements soon about follow-on projects and investments. Stay tuned, and find us at Hiro Capital .

Hiro Capital

Hiro Capital is a London / Luxembourg technology Venture Capital fund which invests in UK, US, and European innovators in Games, IP, Metaverse Technology, Web 3.0, Esports, and Gamified Fitness. Hiro Capital generally invests at Seed through Series A and B stages. We invest both in front-end Content creators in Games, IP, Esports, and Digital Fitness and in deep tech Metaverse and Web 3.0 applications of Cloud, Mobile, Streaming, Creator Tools, Big Data, AI, Wearables, AR, and VR. -

Skybound Entertainment

Established in 2010, Skybound is a multiplatform content company that works closely with creators and their intellectual properties, extending their stories to further platforms including comics, television, film, tabletop and video games, books, digital content, events, and beyond. The company is home to critically-acclaimed global franchises including The Walking Dead, Invincible, and Superfight. Contacts

Bill Murphy


Enry’s Island Secures €20 Million from LDA Capital to Scale the First Accelerator in the Metaverse

TREMITI ISLANDS, Italy--(BUSINESS WIRE)-- Enry’s Island is delighted to announce that they have secured a Euro 20 million capital commitment from LDA Capital , an alternative investment group with expertise in complex, cross-border transactions around the globe, based in Los Angeles, California. Adding to the year’s success, this capital commitment comes just as Enry’s Island prepares to operate on international markets, making them a rising star in the incubation and acceleration world, one of the hottest industries of this current economic environment.

“We are excited about our partnership with LDA Capital”, says Luigi Valerio Rinaldi, founder and CEO of Enry’s Island. Over the course of the next few months, the Company will transform into a “S.p.a.” (Italian joint stock company), “allowing the business to scale even faster with LDA’s flexible financing package. We are sure that the relationship with LDA will continue in a mutually gratifying way in the medium and long term horizon, allowing the horses in our stable to become unicorns.”

This new capital commitment of funding will be used to scale Enry’s Island phygital capabilities. Specifically, the areas that the company will focus on are: Expansion in the Metaverse and physical spaces (thanks to Enry’s Island portfolio company Rinascimento 5 ) International reach increase, thanks to Enry’s Island Local Companies Add 12x to 36x financial value within 3-5 years Consolidating a worldwide standard protocol for the assessment and evaluation of the startups, based on Enry’s Model intellectual property (IP)

At the forefront of the industry, Enry’s Island is the first Incubation & Acceleration Metaverse (# 1 incubator & accelerator in Italy, & # 6 in Europe according to Crunchbase Q4/2021), with local companies in US, UK, Italy, Spain, Ireland, Africa, a global community of more than 800 stakeholders who include entrepreneurs, investors, and professionals and 30 startups, thoroughly assessed and evaluated based on Enry’s Model, the patented intellectual property the whole organization, processes and tool of Enry’s Island is based on. The Enry’s Model is also part of the “ Enry’s Theory ” manual of business management, published by MacGraw-Hill .

About LDA Capital

LDA Capital is a global alternative investment group with expertise in cross border transactions worldwide. Our team has dedicated their careers to international & cross border opportunities having collectively executed over 250 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$11 billion. For more information please visit: ; For inquires please email: .

About Enry’s Island 15 years of experience in the management of very early stage startups, with a mortality rate of only 10% (against 90% which is the industry average) 12-month incubation and acceleration programs, totally customized to the needs of startups, with investments of € 200k in operational services (not just mentorship) Proprietary patent, Enry's Model , which allows for the evaluation of company performance and value; Enry's Model is also the subject of a McGrawHill manual (which, in view of its success in Europe, has been translated for the US market); Explosive scale up in the last 3 years, going from 8 to 25 companies, from €2M to €40M in portfolio value, from a community of 30 to 800 stakeholders; full remote and totally distributed organization, which has allowed Enry’s Island to grow during the last 2 years of pandemic; A revolutionary corporate architecture, which includes local companies in Ita, US, UK, Africa, Ibiza, Ireland and upcoming openings in the Far East, that do not replicate, but specialize and scale the different EI best practices in the different countries. High information symmetry, given that the whole EI community uses a revolutionary Saas platform (, which guarantees efficiency and effectiveness in business management and business risk containment; HUI provides KPIs to all internal and external stakeholders, allowing investors to invest directly in target companies through HUI (thanks to crowdfunding campaigns in Europe, US and Canada), directly through HUI; A revolutionary vision and management of space, both physical (having eliminated any physical location, as if it were in a DAO, but using a network of hosts with ideal characteristics for remote working in places with a high quality of life, such as villages, natural areas) and metaverse space (EI has started investing in the metaverse, building its first building in Cryptovoxels and having launched the first investor day entirely in metaverse )

Visit and discover why Enry’s Island has ignited interest from all over the world. Contacts

Investor relations : Enry’s Island - Benefit Company Gabriele Vedani Investor Relations Manager 0039 335 6625055 website: website:

MSP Recovery Sees Substantial Business Expansion Since Announcement of Its Business Combination Through Development of Additional Revenue Streams, Monetization of Assignor Interests, Growth of Existing Business, and Continued Innovation

CORAL GABLES, Fla.--(BUSINESS WIRE)--MSP Recovery, LLC (“MSP Recovery” or “MSPR”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, and Lionheart Acquisition Corporation II, a Delaware corporation (Nasdaq: LCAPU, LCAP, LCAPW, “Lionheart” or “LCAP”), today announced substantial business expansion through development of additional revenue stream, monetization of assignor interests, growth of assignors and existing business, and continued innovation.

Founded in 2014 by John H. Ruiz, MSP Recovery is an industry pioneer in obtaining reimbursements for Medicare, Medicaid, commercial insurance, and other healthcare entities from parties which should have paid the claims in the first place. MSPR acquires the assignments of these recoveries from health insurance payors, healthcare providers and self-funded entities, and uses its proprietary multi-level data analytics system to secure recoveries from responsible parties. MSPR typically pays the assignors 50% of such recoveries (the “Assignor Interest”) and retains the rest (the “MSPR Recovery Proceeds”).

On July 12, 2021, after 7 years of pioneering and significant legal victories in the industry, MSPR announced a business combination (“Business Combination”) with Lionheart Acquisition Corp II, based on an enterprise value of the combined company of approximately $32.5 billion. The $32.5 billion valuation was based on projected MSPR Recovery Proceeds. Since July 2021, however, MSPR has been developing additional revenue streams.

Among the new potential sources of revenue, on September 30, 2021 MSPR announced an agreement providing for potential future transactions to monetize up to $3 billion of select healthcare claims recovery interests to Virage Capital Management LP (“Virage”). The Virage agreement presents an opportunity for MSPR to monetize the Assignor Interests (typically 50% of the total recovery amount) associated with select healthcare recovery claims, while preserving MSPR’s interests in the MSPR Recovery Proceeds. Indeed, MSPR has already reached an agreement to monetize an initial $275 million under the Virage agreement earmarked for acquisition of Assignor Interests. This additional recovery opportunity provides an additional potential avenue for MSPR to expand its revenue streams.

MSPR has several additional new and expanding revenue streams, including but not limited to: MSPR’s expansion into representing states and attorneys general in pursuing recoveries for improper Medicaid payments. On January 10, 2022, LifeWallet Powered by MSP Recovery was launched. LifeWallet is a consumer application designed to help save lives, by facilitating first responders and healthcare providers to enable informed decision-making and provide improved patient care. LifeWallet has been created with high security standards, and the private information is protected on a HIPAA compliant platform. LifeWallet has also entered into agreements with dozens of collegiate athletes in multiple countries through “name image and likeness” (NIL) contracts, revolutionizing college sports, capturing the medical information of young athletes to help improve their medical care and patient outcomes, and creating significant marketing opportunities for these athletes to promote this new line of business. These international spokespersons and marketing strategies will be important as LifeWallet will be able to work in every country that utilizes the ICD-10 coding system which is being implemented by World Health Organization (WHO) member states. Approximately 27 countries use ICD-10 for reimbursement and resource allocation in their health system, and some have made modifications to ICD to better accommodate its utility. The unchanged international version of ICD-10 is used in 117 countries for performing cause of death reporting and statistics. LifeWallet is also part of MSP Recovery’s Chase to Pay platform, providing real-time analytics at the point of care, helping identify the primary insurer, assisting providers in receiving reasonable and customary rates for accident-related treatment, shortening MSP’s collection time frame, and increasing revenue visibility and predictability. The development of LifeChain – a blockchain verified healthcare claims tokenization platform protected by biometric security. Medical claims and records will be received and processed through LifeChain enabling efficient delivery of healthcare information. MSPR sees substantial business expansion through blockchain incorporated into LifeWallet which brings providers, patients, and payers into one ecosystem.

In addition to these new revenue streams, MSPR has continued to grow its primary business. As of December 31, 2021, MSPR’s portfolio included more than $1.5 trillion in billed amount (reflecting the full amount billed by a provider to a health plan or insurer), up more than 530% from $242 billion in 2020. MSPR’s portfolio included $364.4 billion in paid amount as of the same date (reflecting amounts actually paid to a provider from a health plan), up more than 520% from $58.4 billion in 2020. And since announcing the Business Combination in July 2021, MSPR has seen a significant increase in interest from various entities in the healthcare industry. During that time period alone, MSPR has: vetted 91 prospects; made proposals to 48 entities; conducted data diligence on 46 entities; generated a data evaluation report for 21 entities; and negotiated initial agreements with 20 entities. MSPR already has over 150 assignors, and continues to grow its number of assignors.

MSPR has also seen continued growth by way of the addition of data and assignments from university healthcare and hospital systems, as well as the expansion of assignments from significant self-funded healthcare plans that pay for their own claims. For example, MSPR recently entered into an assignment agreement with MasTec, Inc., the second largest Hispanic-owned company in the United States with over 20,000 employees in North America. MasTec companies have been involved in some of the largest and most complex infrastructure construction projects across the country and with such a large pool of employees across the country has paid significant numbers of claims across the country that should have been reimbursed.

“We continue experiencing substantial growth of our billed amounts, assigned claims and estimated paid amounts thanks to the growing recognition by healthcare providers and payers of our sophisticated and industry-leading legal, technological, and data expertise relating to pursuing recoveries on their behalf,” said MSP Recovery Founder and CEO, John H. Ruiz.

MSPR’s substantial growth figures in paid amounts and billed amounts are even more significant in light of recently announced strategic alliances and progress towards the settlement of no-fault litigation , wherein various liability insurers have formally agreed to a framework to exchange data – out of court – in pursuit of a full settlement of current no-fault litigation.

“There is a growing recognition among healthcare providers and payers of the value of MSP Recovery’s innovative and effective identification and pursuit of reimbursement recoveries on their behalf, said Ophir Sternberg, Chairman and CEO of Lionheart. “MSP Recovery’s ability to identify, pursue and secure new revenue streams, incremental to the original business combination forecast, provides significant upside to LCAP shareholders,” added Sternberg.

MSPR expects significant continued growth as it continues expanding its lines of business and the scale of its existing business.

“We will continue to innovate and revolutionize the healthcare industry and bring all resources at MSP Recovery’s disposal to bear on solving these issues that have plagued the healthcare industry for years,” said Ruiz. MSP Recovery’s Historical Overview as of Business Combination Announcement. Jul 12, 2021 - Lionheart Acquisition Corp. II Announces Business Combination With MSP Recovery, a Leader in Data-Driven Solutions, Recovering Improperly Paid Benefits on Behalf of Medicare, Medicaid and Commercial Payers One of the top three largest SPAC transactions announced to date. MSPR’s data-driven solutions discover improperly paid claims out of the $3.6 trillion paid by healthcare payers yearly, and pursues them against primary payers and responsible parties. Aug 12, 2021 - MSP Recovery Scores Major Victory in Court Ruling Against IDS Property Casualty Ruling certifies a class action, enters judgment for entire class and sanctions IDS for willfully violating court’s order. Ruling also confirms effectiveness of MSP Recovery’s systems and data analytics in identifying that IDS, the defendant and a Primary Payer, failed to report its Primary Payer obligations to the government. Aug 18, 2021 - MSP Recovery Files Whistleblower Lawsuit Against 315 Auto Insurers MSP Recovery’s qui tam complaint seeks to recover billions of dollars for claims auto insurers should have paid but didn’t. Defendants include related entities of insurance groups Auto Club Enterprises Insurance Group, Auto Owners Group, Berkshire Hathaway Group, CSAA Insurance Group, Erie Insurance Group, Farmers Insurance Group, Kemper Corporation Group, Liberty Mutual Group, National General Group, Nationwide Corporation Group, Progressive Group, State Farm Group, Travelers Group and United Services Automobile Association Group. Sep 30, 2021 - MSP Recovery Enters into $3 Billion Agreement to Sell Select Healthcare Claims Recoveries to Virage Capital Management, an Anticipated New Source of Revenue for MSP Transaction to include assignments from healthcare insurance payors, healthcare providers and self-funded entities. Oct 11, 2021 - MSP Recovery and Palantir Partner to Transform Connectivity Across the U.S. Healthcare System A partnership to transform legal, data, and healthcare delivery into one united ecosystem. MSP will provide the detailed underlying legal, data and healthcare knowledge, utilizing Palantir Foundry as the foundation of the data ecosystem. Oct 14, 2021 - MSP Recovery Announces Several New Partnerships Synnova Health partnership is anticipated to improve MSP Recovery’s platform by expanding its capabilities and maximizing its efficiency, thereby improving outcomes for healthcare providers and insurance carriers, among others. Tokenology partnership to combine blockchain-centric financial technology with MSP Recovery’s strong data analytics platform. This partnership will fuel a fully tokenized Medicare, Medicaid and commercial recovery platform, leveraging the best-in-class strategies and resources to provide secure and efficient blockchain solutions. SirenMD partnership is anticipated to enable easier and more efficient access to critical information to gain a better understanding of patients’ health history, provide more accurate diagnoses, and lead to improved care and treatment Nov 11, 2021 - Lionheart Acquisition Corporation II Files a Registration Statement on Form S-4 in Connection with Proposed Business Combination with MSP Recovery, LLC Jan 10, 2022 - MSP Recovery, LLC Announces Launch of LifeWallet LifeWallet empowers people to take control of their health by giving first responders and healthcare providers easy access to medical and prescription information. Jan 25, 2022 - MSP Recovery’s Portfolio of Assigned Claims Grows by Over 440%, From $61 Billion to an Estimated $330 Billion in Paid Amount Jan 31, 2022 - MSP Recovery’s LifeWallet Announces Data of More than 1 Million Patients Uploaded to Platform Less Than a Month Since Launch LifeWallet Powered by MSP Recovery now available in Apple’s AppStore. LifeWallet continues to expand its roster of collegiate athletes with NIL contracts. April 18, 2022 - MSP Recovery Announces Significant Progress Towards Settlements and Strategic Alliance With Law Firms Milberg Coleman Bryson Phillips Grossman, PLLC and Rivero Mestre, LLP. MSP Recovery’s alliance with the two law firms represents more than 65 new lawyers who may assist in MSP Recovery’s recovery efforts. Each firm is committing significant resources to litigating more reimbursement recovery cases for MSP Recovery. May 3, 2022 - MSP Recovery and Lionheart Acquisition Corporation II Announce Effectiveness of Registration Statement May 10, 2022 - Lionheart Acquisition Corporation II Declares Special Dividend in the Form of New Warrants Lionheart Acquisition Corporation II announced that its Board of Directors has declared a dividend in the form of approximately 1,029,000,000 warrants (the “New Warrants”), each to purchase one share of the Company's Class A Common Stock at $11.50 per share. The issuance of the New Warrant dividend is conditioned upon the closing (the “Closing”) of the previously announced proposed business combination with MSP Recovery, LLC (the “Business Combination”), pursuant to the Membership Interest Purchase Agreement (as amended, the “MIPA”) by and among the Company, Lionheart II Holdings, LLC, the MSP Purchased Companies (as defined in the MIPA) (collectively, “MSP”), the members of MSP (the “Members”), and John H. Ruiz, in his capacity as the representative of the Members

MSP Recovery previously announced a business combination with Lionheart Acquisition Corporation II (Nasdaq: LCAPU, LCAP, LCAPW, “Lionheart” or “LCAP”). LCAP will hold a special meeting of stockholders (the “Special Meeting”) at 11:00 a.m. Eastern Time on May 18, 2022 to approve, among other things, the Business Combination with MSP Recovery. Stockholders of record at the close of business on April 18, 2022 are entitled to receive notice of and to vote at the Special Meeting. Subject to the satisfaction or waiver of closing conditions, closing is anticipated for May 20, 2022.

The shares of Class A Common Stock of the combined company are anticipated to continue to be traded on Nasdaq under the symbol “MSPR” following the Closing. The combined company’s public warrants are anticipated to continue to be traded on Nasdaq under the symbol “LCAPW”, and the new warrants issued in connection with the previously announced and declared LCAP dividend are anticipated to commence trading on Nasdaq under the symbol “MSPRW” when issued.

About MSP Recovery

Founded in 2014, MSP Recovery has become a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery leader, disrupting the antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions, while innovating technologies to help save lives. For more information, visit:

About Lionheart Acquisition Corporation II

Lionheart Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. For more information, visit: .

No Offer or Solicitation

No offer or offering of equity interests or securities of any kind is being made, conducted or extended at this time. This communication is for informational purposes only and does not constitute or include an offer to sell, or a solicitation of an offer to purchase or subscribe for, equity interests or securities of any kind or a solicitation of any vote of approval, nor shall there be any sale, issuance or transfer of any such securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Any such offer or solicitation will be made only in connection with the delivery of a prospectus meeting the requirements of the Securities Act of 1933, as amended (“Securities Act”), or exemptions therefrom.

Important Information and Where to Find It

In connection with the Business Combination, LCAP has filed the a Form S-4 with the SEC (the “Registration Statement”), which includes a preliminary proxy statement/prospectus of LCAP. This document does not contain all the information that should be considered concerning the Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the Business Combination. The Registration Statement was declared effective by the SEC on May 2, 2022, the definitive proxy statement/prospectus was filed with the SEC on May 3, 2022 and has been mailed to the stockholders of LCAP as of April 18, 2022, the record date established for voting on the Business Combination. SECURITYHOLDERS OF LCAP ARE URGED TO READ THE REGISTRATION STATEMENT, THE DEFINITIVE PROXY STATEMENT/PROSPECTUS (INCLUDING ALL EXHIBITS AND SUPPLEMENTS THERETO) AND OTHER DOCUMENTS AND RELEVANT MATERIALS RELATING TO THE BUSINESS COMBINATION FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY BEFORE MAKING ANY VOTING DECISION WITH RESPECT TO THE BUSINESS COMBINATION BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES TO THE PROPOSED BUSINESS COMBINATION. LCAP’s stockholders are able to obtain copies of such documents, without charge, at the SEC’s website at , or by directing a request to: Lionheart Acquisition Corporation II, 4218 NE 2nd Avenue, Miami, Florida 33137.


Participants in the Solicitation of Proxies

This communication is not a solicitation of a proxy from any investor or securityholder. LCAP, MSP, and their respective directors, executive officers and other members of their management and employees, including Ophir Sternberg, John Ruiz and Frank Quesada, may, under SEC rules, be deemed to be participants in the solicitation of proxies of LCAP’s stockholders in connection with the Business Combination. Investors and securityholders may obtain more detailed information regarding the names, affiliations and interests of LCAP’s directors and executive officers in LCAP’s Annual Report on Form 10-K/A filed with the SEC on April 7, 2022, as amended, the proxy statement/prospectus, other relevant materials filed with the SEC in connection with the Business Combination when they become available, and other reports filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

Cautionary Note Regarding Forward Looking Statements

This communication includes forward looking statements within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 21E of the Securities Exchange Act of 1934, as amended (“Exchange Act”) and Section 27A of the Securities Act, which include information relating to future events, future financial performance, strategies, expectations, competitive environment, regulation and availability of resources and involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performances or achievements expressed or implied by the forward-looking statements. These statements are often accompanied with or by words such as “expects”, “plans”, “ projects”,” forecasts”,” estimates”,” intends”, “expects”, “anticipates”, “seeks”, “ targets”, “continues”, “ believes”, “opinion”, “will”, “could”, “future”, “growth”, or “may” (or the negatives thereof) or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward looking statements include, but are not limited to, statements regarding MSP’s plans, goals and objectives, forecasts, budgets or projections and any related assumptions and statements and the implied enterprise value and MSP’s expectations with respect to future performance. There is no guarantee that prospects or results or the timing of events included or referred to in this communication, including the continued utilization of LifeWallet, or that it will save lives, will be achieved or that MSP will be able to implement successfully its investment strategy or achieve its investment objectives or return targets. Accordingly, we caution you against relying on forward-looking statements. Forward looking statements also are subject to a number of significant risks and uncertainties that could cause the actual results to differ materially, and potentially adversely, from those express or implied in the forward-looking statements. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of management and are not predictions of actual performance. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are inherently subject to significant business, economic and competitive uncertainties and contingencies, and are beyond the control of MSP and are difficult to predict. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Factors that may cause such differences include, but are not limited to, operating costs and future business, investment, holding and sale decisions and costs; the risks that the anticipated benefits of the launch and adoption of LifeWallet are not realized or are delayed; the risks associated with MSP’s business, including, among others, MSP’s ability to capitalize on its assignment agreements and recover monies that were paid by the assignors; litigation results; the validity of the assignments of claims to MSP; a determination that MSP’s claims are not reasonable, related or necessary; the failure of MSP’s clients to renew their agreements with MSP (or terminate those agreements early); MSP’s claims being within applicable statutes of limitations; the inability to successfully expand the scope of MSP’s claims or obtain new data and claims from MSP’s existing assignor base or otherwise; the limited number of MSP’s assignors and the associated concentration of MSP’s current and future potential revenue; internal improvements to claims and retail billing processes by MSP’s clients that reduce the need for and revenue generated by MSP’s products and services; healthcare spending fluctuations; programmatic changes to the scope of benefits and limitations to payment integrity initiatives that reduce the need for MSP’s services; delays in implementing MSP’s services to its claims; system interruptions or failures; cyber-security breaches and other disruptions that could compromise MSP’s data; MSP’s failure to maintain or upgrade its operational platforms; MSP’s failure to innovate and develop new solutions, or the failure of those solutions to be adopted by MSP’s existing and potential assignors; MSP’s failure to comply with applicable privacy, security and data laws, regulations and standards, including with respect to third party providers; changes in legislation related to healthcare programs and policies; changes in the healthcare market; negative publicity concerning healthcare data analytics and payment accuracy; competition; successfully protecting MSP’s intellectual property rights; the risk that third parties may allege infringement of their intellectual property; changes in the healthcare regulatory environment and the failure to comply with applicable laws and regulations or the increased costs associated with any such compliance; failure to manage MSP’s growth; the inability to attract and retain key personnel; MSP’s reliance on its senior management team and key employees and the loss it could sustain if any of those employees separated from the business; the failure of vendors and providers to deliver or perform as expected, or the loss of such vendors or providers; MSP’s geographic concentration; MSP’s relatively limited operating history, which makes it difficult to evaluate its current or future business prospects; the impact of the ongoing COVID-19 pandemic; and the risk that MSP may not be able to develop and maintain effective internal controls. Contacts

For Media: ICR, Inc.

For Investors: ICR, Inc. Marc Griffin Read full story here

Mawson Infrastructure Group Inc. Announces the Listing of the Cosmos-Purpose Bitcoin Access ETF in Australia Alongside Market Leaders Purpose Investments Inc and Gemini Trust Company LLC

The Cosmos-Purpose Bitcoin Access ETF commenced trading on May 12 th 2022

SYDNEY & NEW YORK--(BUSINESS WIRE)--Mawson Infrastructure Group Inc. (NASDAQ:MIGI) (“Mawson”), a digital infrastructure provider, is pleased to announce the listing of Cosmos Asset Management’s second product, the Cosmos-Purpose Bitcoin Access ETF (“CBTC”).

The Cosmos-Purpose Bitcoin Access ETF (CBTC.CXA) launched yesterday May 12 th 2022 on Cboe Australia. The CBTC holds units in the Purpose Bitcoin ETF (BTCC.U), the world’s first physically settled Bitcoin ETF, with approximately US$1.2BN in Assets Under Management – An investment in CBTC gives investors access to the underlying Bitcoin asset, in a regulated, familiar, liquid and publicly listed structure.

Gemini Trust Company LLC (“Gemini”) is the custodian of the Purpose Bitcoin ETF, providing institutional grade security. The Cosmos-Purpose Bitcoin Access ETF brings to market a partnership of experienced global digital asset specialists in Purpose Investments Inc, Gemini Trust Company LLC and Cosmos Asset Management.

Cosmos Asset Management was spun out of Mawson Infrastructure Group Inc (NASDAQ:MIGI), and Mawson remains Cosmos’ largest shareholder.

James Manning, CEO and Founder of Mawson, said, "We are excited to see Cosmos Asset Management, in partnership with Purpose Investments and Gemini, launch this product in Australia. At Mawson we firmly believe access to digital assets should be made easy, whilst maintaining compliance with local rules and regulations. A regulated financial product under the ETF structure achieves these outcomes, and we are excited for what comes next at Cosmos Asset Management.”

Dan Annan, CEO of Cosmos Asset Management, said, “Cosmos Asset Management has been at the forefront of delivering access to the cryptocurrency asset class as a regulated financial product to Australian investors since its inception. We are very excited to bring this much anticipated Bitcoin ETF exposure to the Australian market—the Cosmos-Purpose Bitcoin Access ETF (Cboe: CBTC). By partnering with Purpose Investments Inc, who over a year ago launched the world’s first spot Bitcoin ETF—the Purpose Bitcoin ETF, and Gemini Trust Company LLC, the gold standard for cryptocurrency custody, we have brought together a team of global experts to offer Australian investors access to a truly high-quality product. There’s increasing investor demand for access to new cryptocurrency and emerging technology investment opportunities, and we will continue to bring new and innovative products to the market for Australian investors.”

About Mawson Infrastructure

Mawson Infrastructure Group (NASDAQ: MIGI) is a digital infrastructure provider, with multiple operations throughout the USA and Australia. Mawson’s vertically integrated model is based on a long-term strategy to promote the global transition to the new digital economy. Mawson matches sustainable energy infrastructure with next-generation mobile data centre (MDC) solutions, enabling low-cost Bitcoin production and on-demand deployment of infrastructure assets. With a strong focus on shareholder returns and an aligned board and management, Mawson Infrastructure Group is emerging as a global leader in ESG focused Bitcoin mining and digital infrastructure.

For more information, visit:

About Cosmos Asset Management

Established in 2020, Cosmos Asset Management is an Australian-based asset management company that is involved in a range of digital assets, including digital currency, indexed funds and forms partnerships with experienced service providers to bring innovative exposures to investors. Cosmos Asset Management’s goal is to identify and develop specialized public and private offerings, making them accessible to institutional and retail investors. Through this, Cosmos Asset Management aims to be Australia’s preeminent digital currency and emerging technology asset manager.

For more information, visit:


Mawson cautions that statements in this press release that are not a description of historical fact are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words referencing future events or circumstances such as “expect,” “intend,” “plan,” “anticipate,” “believe,” and “will,” among others. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Mawson’s current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, the possibility that Mawson’s need and ability to raise additional capital, the development and acceptance of digital asset networks and digital assets and their protocols and software, the reduction in incentives to mine digital assets over time, the costs associated with digital asset mining, the volatility in the value and prices of cryptocurrencies and further or new regulation of digital assets. More detailed information about the risks and uncertainties affecting Mawson is contained under the heading “Risk Factors” included in Mawson’s Annual Report on Form 10-K filed with the SEC on March 1, 2021 and Mawson’s Quarterly Report on Form 10-Q filed with the SEC on November 15, 2021, and in other filings Mawson has made and may make with the SEC in the future. One should not place undue reliance on these forward-looking statements, which speak only as of the date on which they were made. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Mawson undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as may be required by law. Contacts

Investor Contact: Brett Maas 646-536-7331

Ikigai Enters Web3 Venture Capital – Raises $30mm From Existing Hedge Fund Investors

SAN JUAN, Puerto Rico--(BUSINESS WIRE)--Ikigai Asset Management, a crypto asset management firm founded in 2018, today announced the launch of its first venture fund, the Ikigai Trust Revolution Opportunities Fund, focusing on building and investing in early-stage Web3 projects. The $30mm venture fund was raised from existing investors in Ikigai’s flagship hedge fund. The Fund will be managed by Ikigai’s Founder & CIO Travis Kling and Founder & CEO Anthony Emtman with support from current and to-be-hired Ikigai team members.

The Ikigai Trust Revolution Opportunities Fund will be focused on the broad themes of The Trust Revolution and Value Mobility. This includes but is not limited to: Metaverse, X-to-earn (play-to-earn, learn-to-earn, move-to-earn, etc), Gaming, GameFi, DeFi, DAOs and NFTs, with the overall intention of helping grow projects that leverage technology to empower humanity, rather than the other way around.

The Trust Revolution is the view that increasingly large portions of society are struggling to trust institutions of all sorts and that this trend is set to continue. The very words Trust and Truth are being contorted, and Distributed Ledger Technology and crypto assets can serve as the technological platform to drive change for the greater good of humanity. Value Mobility is the view that the world is shifting out of an era where centralized institutions are best suited to organize and deliver value. Unchecked, absolute power has distorted the concept of value due to misaligned incentives and those distortions have caused negative knock-on effects. Distributed Ledger Technology and crypto assets can alleviate these distortions and create fundamentally better aligned incentives for humanity.

The launch of the Ikigai Trust Revolution Opportunities Fund is a notable departure from Ikigai’s historical investment strategy, which over the last several years focused primarily on systematic, models-driven exposure to Bitcoin with the purpose of outperforming holding Bitcoin on a risk-adjusted basis. Specifically, the rise of Axie Infinity in 2021, and the innovation of that project which led to thousands of people in developing nations earning a living wage through the in-game scholarship mechanism, was a major contributing factor in the decision to raise the venture fund. CIO Travis Kling said, “we are in crypto to do our part to make sure this technology and asset class deliver on as much of its potential to make the world a better place as possible. X-to-earn is a trend in the top of the 1 st inning that we believe can be transformative for humanity over the coming decades. We will fund and help build the projects leading to that transformation.” CEO Anthony Emtman said, “our investment decisions serve to cast a vote of support in technologies we believe will have a net positive benefit on humanity. The Trust Revolution Opportunities fund allows us to invest early in founders aligned with our mission and principles.”

Ikigai Asset Management

Ikigai Asset Management is a multi-strategy crypto asset management firm existing at the intersection of what we like to do, what we’re good at, and what the world needs with the purpose of ethically delivering attractive risk-adjusted returns. Ikigai deploys capital on behalf of more than 275 investors around the world into a variety of investment strategies.

Website: Contacts

Media Averi Gerberding

Prove to Headline Data, Fraud, and Future of Identity Track at LendIt Fintech (Fintech Nexus) USA 2022

The digital identity leader will be joined by Mastercard and Liminal to kick off the identity track and demonstrate its award-winning 10-second KYC and onboarding solution

NEW YORK--(BUSINESS WIRE)-- Prove Identity, Inc. (“Prove”), the leader in digital identity, will be headlining the Data, Fraud, and Future of Identity track at the LendIt Fintech (Fintech Nexus) USA 2022 conference at Javits Center on May 25-26. Prove Chief Executive Officer and Co-Founder Rodger Desai will be joined by Sarah Clark, Senior Vice President, Digital Identity at Mastercard, and Travis Jarae, Chief Executive Officer of Liminal to kick off the track with a panel entitled ‘The Identity “Hot” Seat: 3 Executives, 5 “Burning” Questions. The three influential voices in digital identity will discuss data, fraud, and the future of digital identity while sampling a trio of scorching hot sauces for a fast-paced discussion that gives new meaning to the term “fire”-side chat. The panel will take place May 25 at 10:50am in Room 6.

“Digital identity has become so critical to financial services, and as mobile technology continues to improve rapidly, fintech companies are racing to implement reusable identity technology that will enable them to provide faster, safer experiences for customers,” said Rodger Desai, Chief Executive Officer and Co-Founder of Prove. “Prove is at the forefront of ensuring a seamless customer experience while also mitigating fraud and protecting data privacy for the fintech industry.”

The Prove team will be demonstrating its award-winning Prove Pre-Fill with No-Cost KYC solution , a one-stop solution that helps businesses simplify the onboarding and identity verification process, at booth #913 at the show. Prove Pre-Fill expedites account opening and registrations by enabling customers to pre-populate a form with identity information tied to a phone number, while also helping thwart fraud and bad actors. The solution modernizes the account opening process by shaving off clicks and keystrokes that kill conversions, and can onboard customers in ten seconds.

Prove’s Vice President of Product, Tim Brown, will also be speaking at the conference on the panel “Reducing the Risk of Buy Now Pay Later Fraud” with Jeffrey Meyers, Director at Citi, Tom Shell, Vice President, Business Development and Solutions Engineering at Datavisor, and Kevin Gosschalk, Founder and CEO of Arkose Labs. The group will discuss how Buy Now Pay Later services can harness the power of phone-centric identity to cut down on onboarding time, increase signups, and prevent fraud, ultimately transforming the payments experience. The panel will take place on May 25 at 12:00pm in Room 6.

Prove’s solutions are used by more than 1,000 businesses across diversified industries, including 8 of the top 10 banks, 3 of the top 5 retailers, 2 of the top 3 cryptocurrency exchanges, 2 of the top 3 healthcare companies, and 6 of the top 10 insurance companies in the U.S.

To learn more and book a demo with Prove, visit or visit Booth #913, May 25-26 at the Javits Center in New York City.

About Prove Identity, Inc. (Prove)

As the world moves to a mobile-first economy, businesses need to modernize how they acquire, engage with and enable consumers. Prove’s phone-centric identity tokenization and passive cryptographic authentication solutions reduce friction, enhance security and privacy across all digital channels, and accelerate revenues while reducing operating expenses and fraud losses. Over 1,000 enterprise customers use Prove’s platform to process 20 billion customer requests annually across industries, including banking, lending, healthcare, gaming, crypto, e-commerce, marketplaces, and payments. For the latest updates from Prove, follow us on LinkedIn. Contacts

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Octo Wins Spot on BPA to Serve DoD Joint Artificial Intelligence Center (JAIC)

Octo will provide the JAIC with AI technologies, analysis, testing, and evaluation.

RESTON, Va.--(BUSINESS WIRE)-- Octo , the premier MLOps and data management solutions provider for the Federal Government, today announced it has been awarded a spot on the Department of Defense (DoD) Joint Artificial Intelligence Center (JAIC) Test and Evaluation (T&E) five-year, $249 million Blanket Purchase Agreement (BPA). The multi-award contract supports the JAIC’s T&E team which is responsible for developing DoD-wide artificial intelligence (AI) testing and evaluation processes, tools, and standards.

Under the BPA, Octo will provide test technology and tools for a variety of AI applications and develop T&E capabilities to support the DoD’s full spectrum of emerging AI technologies to include machine learning (ML), deep learning (DL), and neural networks. Octo will also test and evaluate existing technologies in support of mission objectives.

The JAIC focuses on broad enablement and implementation of AI capabilities within the DoD, supporting its defense customers by providing the infrastructure, tools, and technical expertise for users to successfully build and deploy mission-enabling AI projects. Octo’s CEO Mehul Sanghani said, “ The JAIC’s T&E team is critical to the success of the organization and the DoD at every level. Octo could not be more excited to be among those chosen to advance the JAIC’s mission of bringing safe, effective AI into the hands of the women and men who protect our country. We are pleased our approach of focusing on Warfighters’ success in the field under any condition has earned Octo a reputation as a firm that delivers results.”

Rob Albritton, Senior Director of Octo’s AI Center of Excellence said, “ Our work within oLabs™ , Octo’s R&D innovation center, and our work with the Army’s Integrated Visual Augmentation System (IVAS) program have demonstrated our AI proficiencies but have only scratched the surface of what we’re capable of. We’re eager to collaborate with the experts at the JAIC to develop technology that far exceeds the expectations of our Warfighters and makes them even more effective than they are today.”

Sam Stollar, General Manager of Octo’s Defense and Intelligence Business Unit, said, “ Octo has a long history of supporting defense programs with the latest technologies, top industry talent, and dedication to helping maintain our warriors’ unparalleled capability. We are excited to expand our relationship with the defense community and put to good use the proven tools we’ve developed to bolster mission accomplishment.”

About Octo

Octo is a technology firm dedicated to solving the Federal Government’s most complex challenges, enabling agencies to jump the technology curve. We don’t just modernize. We create lasting change through best practices that help agencies implement and integrate at-scale next-generation technology and innovation. With a mission and service first mentality, we provide Agile, DevSecOps, Artificial Intelligence, Cybersecurity, Blockchain, Cloud, Open Source, and Data Science solutions, collaborating to solve customers’ pressing problems. Headquartered in Reston, Virginia, Octo delivers proven technology vital to the intelligence community and health care, defense, national security, and civilian agencies that directly impact our nation. Visit . Contacts

Ethan Meurlin, VP, Marketing & Corporate Partnerships, Octo M: 571.271.5349

Evaluate.Market Raises $4M Seed Round

BROOKLYN, N.Y.--(BUSINESS WIRE)--Evaluate.Market, the leading NFT portfolio management platform, today announced its $4M seed round investment led by Rho Capital’s Ignition Fund with participation from Drive by DraftKings, Castle Island Ventures, Arca, Notation Capital, Flamingo Capital Syndicate, Dapper Labs, Visary Capital, Niche Capital, and Dan Nova.

“It is amazing to have the backing of such important partners as we continue to add more collections and capabilities to the Evaluate.Market platform,” said Christian Dittmeier, co-founder at Evaluate.Market. “Moving forward, we are committed to expanding accessibility, analytical tools and interactive capabilities for the evolving NFT market.”

“Evaluate.Market has built a crucial, discerning tool for the emerging NFT marketplace,” said Dan Ruch, Partner at Rho Capital. “We are excited to see Evaluate.Market continue to expand the range of projects available to discover and interact with on the platform to further empower NFT investors.”

Evaluate.Market allows NFT collectors to track and manage their portfolio and discover new projects across multiple NFT marketplaces and blockchains. Since March 2021, the website has had over 1 million unique visitors, primarily within the Flow blockchain ecosystem. Recently, the team announced the expansion of Evaluate.Market beyond Flow to include 700+ major Ethereum projects.

“The ability to evaluate the value of NFT projects is more important now than ever,” said Drive by DraftKings CEO and Managing Partner Meredith McPherron. “The Evaluate.Market team clearly understands the importance of creating tools that allow collectors to discover, purchase and track NFTs across an array of wallets and blockchains.”

NFT Collectors can now add any combination of Ethereum and Flow wallets (including Coinbase Wallet, MetaMask, Dapper Wallet, and Blocto) and track their unified NFT holdings in one place.

About Evaluate.Market Evaluate.Market is the leading NFT market management platform that allows collectors to manage their NFT portfolio across wallets, marketplaces, and blockchains. Contacts

Media Dave Beauboeuf 914-715-9167

KuCoin Reports 491% YoY New Users Growth in Its Q1 2022 Review

VICTORIA, Seychelles--(BUSINESS WIRE)--The global cryptocurrency exchange KuCoin has released an extensive review of the platform’s performance in the period of Q1 of 2022. The document outlines some of the major milestones the exchange achieved and highlights some general performance statistics.

The report indicates that KuCoin’s cumulative trading volume exceeded $1 trillion for spot and futures trading, with an average daily volume of over $11 billion. In terms of the daily peak trading volume, KuCoin Spot exceeded $9 billion, and Futures reached nearly $15 billion.

The exchange attracted nearly 6 million new registered users in 2022 Q1, up 491% year-over-year. Asia, the Middle East & Africa and Europe ranked the top 3 in terms of user growth. Asia led the statistics with user registrations up 1,503% year-over-year. The Middle East & Africa and Europe are up 300% and 219%, respectively. User activity has also increased significantly in 2022 Q1, with the number of active users increasing by nearly 451% year-over-year.

The KuCoin community has seen a considerable boost, with the Twitter channel gaining over 320,000 new followers, reaching a total of 1.6 million. KuCoin increased the number of its global communities to 23, including 580,000 community fans.

The release of the KCS Whitepaper on March 29 is stated to have heralded a new era in the development of the exchange. The KCS Whitepaper outlined token distribution percentages, the deflationary mechanisms involved, and the essence of the self-circulating ecosystem. The development of the KuCoin Community Chain, or KCC, will become an important booster for KCS. KCC, a decentralized public chain built by the fans of KCS and KuCoin’s fan communities, will expand the decentralized use case for KCS, including paying KCS as gas fees or resource consumption fees, staking KCS to empower liquidity mining, and more.

On the user experience frontier, KuCoin Earn has added stablecoins, major coins and new projects in 35 assets options. KuCoin has listed 44 promising crypto gems and 59 trading pairs in Q1 of 2022, 19 of them being world premieres.

KuCoin has also achieved traction in partnerships, establishing relations with the Xangle virtual asset information disclosure and data research platform. The exchange partnered with Blocktopia, founding its first virtual office in the metaverse. KuCoin Labs has been expanding its investment footprint in Q1, including investments in nine crypto-native projects and the subscription of two crypto private equity funds amounting over ten million. KuCoin Labs also announced a strategic investment in MojitoSwap, the biggest DEX build on KCC.

With its team of talent nearing 1,000 personnel distributed across the world, up by over 200, KuCoin has performed well throughout Q1 of 2022. The data evidenced in the recent Into The Cryptoverse Reports released by KuCoin covering Germany , Turkey , and Africa also suggests that the exchange expects higher adoption and user engagement rates for the rest of 2022, despite the onset of the ‘crypto winter’.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with 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 18 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 . Contacts

Ashley Wang

Blockchain Hub Davos Gathers Worldwide Business and Government Leaders to Discuss the State of Web3 Adoption

CasperLabs, CV Labs, Casper Association, and CVVC to host a series of thoughtful discussions on how blockchain has been meaningfully adopted across the public and private sector

DAVOS, Switzerland & NEW YORK--(BUSINESS WIRE)-- CasperLabs , a leading blockchain software company for the enterprise market, today unveiled its agenda for Blockchain Hub Davos being held May 23-25, 2022, in Davos, Switzerland. Blockchain Hub Davos is a space that will bring together decentralized thinkers, investors, corporations, founders, high-profile authorities, and policy makers to network and discuss the current state of blockchain and where it is headed into the future.

“Blockchain technology has evolved to the point where the vast majority of businesses and governments worldwide are either actively assessing use cases or already running them. It is a transformative business platform changing the global economic landscape,” said Mrinal Manohar CEO and Co-founder at CasperLabs. “Over three days of thoughtful programming, we will be addressing real-world challenges and solutions that will accelerate further trust in blockchain as business essential for the enterprise.”

Featured themes and events to be discussed at Blockchain Hub Davos include:

May 23, 2022 Theme: Digital Assets on the Global Stage

Spotlight Panels “Innovation, Standards and Regulation: Enabling Digital Assets at Scale” Panelists: Ramesh Ramadoss, board member, IEEE Standards Association (Moderator); Eva Kaili, vice president, European Parliament; John deVadoss, board member, Global Blockchain Business Council, Sheila Warren, Crypto Council for Innovation. “The State of Crypto in 2022” Panelists: Todd Goergen, founder and executive chairman, MAKE International, Inc.; Brock Pierce, board chairman, Bitcoin Foundation

May 24, 2022 Theme: Enterprise & Government Blockchain Adoption

Spotlight panels and discussions include: “A Future Built on Trust: How Businesses are Thinking About Blockchain and Security” Panelists: Nitin Gaur (Moderator), managing director, State Street Digital; Shyam Nagarajan, executive partner Web3 & Sustainability, IBM Blockchain, Medha Parlikar, co-founder & CTO, CasperLabs; Charles Okochu, senior business development manager, Amazon Managed Blockchain. “Blockchain’s Next Chapter: Meet Casper” Mrinal Manohar, chief executive officer, CasperLabs


Key events and panels include: “NFTs for Fashion: Beyond the FOMO” Panelists: Andrea Abrams (Moderator), founder & chief metaverse officer, PHYGICODE and chief of strategy, Faith Tribe DAO; Wahid Chammas, co-founder and chairman, Faith Tribe DAO; Maria Buccellati, president, Faith Connexion fashion brand and co-founder & creative director, Faith Tribe DAO; Mario Nawfal, founder & CEO, NFT Technologies and founder, IBC Group International Blockchain Consulting; Ruben Singer, renowned American fashion designer & creative director, PHYGICODE. “Not for the Faint of Heart: The Journey of a Crypto Investor” Panelists: David Branch, chairman, Consensus Capital; Anthony Scaramucci, founder & managing partner, SkyBridge Capital; Michael Casey, chief content officer, CoinDesk (moderator)

For the full agenda of Blockchain Hub Davos events, visit

For more information on CasperLabs, visit .

About CasperLabs

CasperLabs, a leading blockchain software company for the enterprise market, is re-imagining blockchain for enterprise with a future proof solution. The company also provides development, support and advisory services for organizations building on the Casper network. Guided by open-source principles, CasperLabs is committed to supporting the next wave of blockchain adoption among businesses and providing developers with a reliable and secure framework to build private, public and hybrid blockchain applications. Its team possesses deep enterprise technology experience with a cumulative 100 years of enterprise experience, hailing from organizations including Google, Adobe, AWS, Dropbox and Microsoft. To learn more, visit . Contacts

Donna Loughlin Michaels LMGPR 408.393.5575

Aries I Acquisition Corporation Announces Extension of Deadline to Complete Business Combination

GEORGE TOWN, Cayman Islands--(BUSINESS WIRE)--Aries I Acquisition Corporation (NASDAQ: RAMMU, RAM, RAMMW) (“Aries” or the “Company”), a special purpose acquisition company, announced today that, on May 13, 2022, it notified the trustee of the Company’s trust account that it was extending the time available to the Company to consummate a business combination from May 21, 2022 to August 21, 2022 (the “Extension”). The Extension is the first of up to two three-month extensions permitted under Aries’ governing documents. In connection with such Extension, Aries Acquisition Partners, Ltd., the Company’s sponsor, will deposit an aggregate of $1,078,125 into Aries’ trust account prior to May 21, 2022, on behalf of the Company. The Extension provides Aries with additional time to complete its proposed business combination with Infinite Assets, Inc., a leading Metaverse infrastructure platform that enables brands to create, monetize and drive consumer engagement with digital content.

About Aries I Acquisition Corporation

Aries is a blank check company that was formed for the purpose of effecting a business combination with a target with a disruptive technology in the blockchain and digital currency, aerospace, satellites and space exploration, quantum computing and chemistry, artificial intelligence and machine learning and cybersecurity sectors.

About Infinite Assets Inc.

Infinite serves as a bridge between the physical and digital worlds. The Company empowers leading global brands, creators and Web3 companies with the infrastructure they need to create digital assets and NFTs (non-fungible tokens) and engage with customers and fans in the Metaverse, allowing them to support and foster stronger relationships with consumers. Infinite currently has 130 employees globally and has partnered with over 75 brands and creators since its founding. Current investors in Infinite include Morgan Creek Digital, GSR, Wintermute, Blockchain Coinvestors, Bill Shihara, among others. Infinite recently combined with one of its key strategic partners, DreamView, Inc. (“DreamView”), a globally scalable technology company bringing creative strategy and content solutions to brands around the world. Founded in 2016 by the same visionaries who pioneered computer-generated imagery (“CGI”) technologies at Lucasfilm and Disney, DreamView’s visual effects and 3D artforms have been leveraged in major blockbuster films, major brand campaigns, sporting events, and other major consumer engagement events. DreamView continues to drive innovative solutions for the creation, management, distribution, licensing and monetization of clients’ products as clients transition into the digital world.

For materials and information, visit for Infinite and for Aries.

Additional Information and Where to Find It

In connection with the proposed business combination, Aries intends to file a Registration Statement on Form S-4, including a preliminary proxy statement/prospectus and a definitive proxy statement/prospectus with the SEC. Aries’s shareholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus and the amendments thereto and the definitive proxy statement/prospectus and documents incorporated by reference therein filed in connection with the proposed business combination, as these materials will contain important information about Infinite, Aries, and the proposed business combination. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed business combination will be mailed to shareholders of Aries as of a record date to be established for voting on the proposed business combination. Shareholders will also be able to obtain copies of the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, and other documents filed with the SEC that will be incorporated by reference therein, without charge, once available, at the SEC’s website at or by directing a request to Aries’ secretary at 90 N. Church Street, P.O. Box 10315, Grand Cayman, Cayman Islands KY-1003.

Participants in Solicitation

Aries and its directors and executive officers may be deemed participants in the solicitation of proxies from Aries’ shareholders with respect to the business combination. A list of the names of those directors and executive officers and a description of their interests in Aries will be included in the proxy statement/prospectus for the proposed business combination and be available at . Additional information regarding the interests of such participants will be contained in the proxy statement/prospectus for the proposed business combination when available.

Infinite and its directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of Aries in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the proposed business combination will be included in the proxy statement/prospectus for the proposed business combination, which will be made available as noted in the above paragraph.

Cautionary Statement Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Aries’ and Infinite’s actual results may differ from their expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the satisfaction of the closing conditions to the proposed business combination, and the timing of the completion of the proposed business combination. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside Aries’s and Infinite’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the occurrence of any event, change, or other circumstances that could give rise to the termination of the definitive merger agreement (the “Agreement”); (2) the outcome of any legal proceedings that may be instituted against Aries and Infinite following the announcement of the Agreement and the transactions contemplated therein; (3) the inability to complete the proposed business combination, including due to failure to obtain approval of the shareholders of Aries and Infinite, certain regulatory approvals, or satisfy other conditions to closing in the Agreement; (4) the occurrence of any event, change, or other circumstance that could give rise to the termination of the Agreement or could otherwise cause the transaction to fail to close; (5) the impact of COVID-19 on Infinite’s business and/or the ability of the parties to complete the proposed business combination; (6) the risk that the proposed business combination disrupts current plans and operations as a result of the announcement and consummation of the proposed business combination; (7) costs related to the proposed business combination; (8) changes in applicable laws or regulations; (9) the possibility that Infinite or Aries may be adversely affected by other economic, business, and/or competitive factors; and (10) other risks and uncertainties indicated from time to time in the final prospectus of Aries for its initial public offering, including those under “Risk Factors” therein, and in Aries’ other filings with the SEC. Aries cautions that the foregoing list of factors is not exclusive. Aries cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Aries does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based.

No Offer or Solicitation

This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom. Contacts

Media Edelman for Aries and InfiniteWorld

Investors Sam Collins Aries I Acquisition Corporation (647) 964-9643

Sphere 3D Reports First Quarter 2022 Financial Results and Operational Updates

TORONTO--(BUSINESS WIRE)--Sphere 3D Corp. ("Sphere 3D" or the "Company") (Nasdaq: ANY), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, today reported financial results for the first quarter of FY 2022 ended March 31, 2022. The Company is also providing results of its Bitcoin Mining Operation and operational updates.

First Quarter FY 2022 Financial Results: Revenue was $1.4 million, compared to $0.9 million for the first quarter of 2021. Operating costs and expenses for the quarter were $16.5 million, compared to $2.2 million for the first quarter of 2021. Interest expense was nil, compared to $0.5 million for the first quarter of 2021. Other income (expenses) net for the period totaled $0.5 million, net, compared to ($0.5 million) of other expenses, net, for the first quarter of 2021. Digital mining revenue was $0.7 million. Bitcoin production during the first quarter of 2022 was 18.15 coins. This is the first quarter the Company has produced Bitcoin. Depreciation and amortization was $6.4 million, compared to $0.2 million for the first quarter of 2021. Net loss from operations was $14.6 million, or a net loss of $0.23 per share, compared to a net loss from operations of $2.6 million, or a net loss of $0.27 per share, for the first quarter of 2021.

CEO Comments

"I am very excited about our future and remain committed to becoming a leading carbon-neutral Bitcoin mining company and to generating long-term value for our shareholders. Our Company's transition is progressing as anticipated, and I am grateful for the support of our shareholders and partners," said Patti Trompeter, CEO of Sphere 3D.

"Being named CEO of Sphere 3D and becoming the first female minority CEO in the Bitcoin mining industry is one of the greatest honors of my career. I look forward to working with the board of directors, our future advisory board, and the Sphere 3D management team during our expansion into Bitcoin mining and the broader blockchain technology industry.

"Our mining operation continues to grow and produce as expected. We are excited to be on track as we look to expand our fleet of S19j Pros by the end of 2022," added Ms. Trompeter. "We are disappointed that we have not yet received the 12 NM440 test units from NuMiner. It is important to keep the NuMiner arrangement in perspective. The agreement to acquire the NM440 fleet was a low-risk option to purchase what was presented as the best mining technology in the industry. If the NM440 units are not received or fail to perform according to NuMiner specifications, the Company can cancel the contract.

"During the quarter we announced the termination of the Gryphon merger. It is our belief that terminating the merger was in the best our shareholders, as the transaction was expected to cause significant dilution, and is also in the best interest of our long-term growth opportunities.

"Looking forward, our mining fleet will expand consistent with the amended delivery schedule below, and our production capacity will increase accordingly. We are working with Jefferies LLC, our financial adviser, to identify the most appropriate financing options to fund the expansion of our fleet, and we are exploring new growth areas in the cryptocurrency and blockchain industries," added Trompeter.

First Quarter FY 2022 Operational Updates Results:

Management and Board of Director Changes

Sphere 3D announced on April 5, 2022, the appointments of Patricia Trompeter as Sphere 3D's CEO and Duncan McEwan as Chairman of the Board of Directors. The Company also announced its intention to expand the board of directors to five members and its desire to establish an advisory board comprising senior executives from the blockchain, cryptocurrency, and related industries.

Bitcoin Production and Holdings Update

Sphere 3D had 1,000 S19j Pro mining units installed and operational representing about 100 petahash of capacity to the network at the end of April 2022. Through the first four months of 2022, the Company mined a total 30.50 Bitcoin.

Sphere 3D will provide unaudited Bitcoin Production and Holdings Updates monthly beginning in early June 2022 and as part of its quarterly results reporting.

New Auditor Appointment

The Company appointed MaloneBailey, LLP, to serve as its new independent public accounting firm and independent auditor, effective May 4, 2022. MaloneBailey is a well-respected global accounting and audit firm with a broad scope of services and expertise that will support the Company's long-term growth. The Company's long-time auditor, Smythe LLP, has a policy that prevents the firm from engaging cryptocurrency-related companies.

The Board would like to thank Smythe LLP for their services and guidance during the preceding years. The Company is working closely with both firms to ensure a seamless transition.

BTC Antminer S19j Pro miners Delivery Schedule

As previously disclosed, Sphere 3D secured an order for 60,000 Antminer S19j Pros or the approximate equivalent of 6.0 exahash of capacity. The contracted delivery schedule provided for the order is outlined in the below graphic. Receipt date Miners Delivered Total PH/s Installed Received and operational ~1,000 100 May 2022 2,000 300 June 2022 2,000 500 July 2022 2,000 700 August 2022 5,000 1,200 September 2022 12,000 2,400 October 2022 12,000 3,600 November 2022 12,000 4,800 December 2022 12,000 6,000 Total 60,000 6,000

Merger termination insights

On April 4, 2022, Sphere 3D and Gryphon Digital Mining ("Gryphon") terminated their previously announced merger agreement after careful consideration by both management teams and their respective boards of directors. The companies will continue their relationship in the interim through the previously disclosed master services agreement , enabling Sphere 3D to leverage Gryphon to manage its mining fleet.

NM440 miner purchase update

In February 2022, Sphere 3D announced that it would acquire 60,000 NuMiner NM440 Bitcoin miners, conditioned on the satisfactory evaluation of 12 pre-production units. Sphere 3D is entitled to cancel the order without penalty or releasing payments on June 1, 2022, upon failure to deliver the pre-production units. As of May 16, 2022, Sphere 3D is still awaiting the delivery of the test units.

About Sphere 3D

Sphere 3D Corp. (Nasdaq: ANY) is a net carbon-neutral cryptocurrency miner with decades of proven enterprise data-services expertise. The Company is rapidly growing its industrial-scale mining operation through the capital-efficient procurement of next-generation mining equipment and partnering with best-in-class data center operators. Sphere 3D has ~6.0 EH/s of capacity under contract for deliveries this year. Currently, the Company currently operates a fleet of ~1,000 miners and expects delivery of an additional 59,000 miners by year-end 2022 for a total hashing capacity of 6.0 exahash. Sphere 3D is dedicated to growing shareholder value while honoring its commitment to strict environmental, social, and governance standards. For more information about the Company, please visit .

Forward-Looking Statements

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, including the timing of the proposed transaction and other information related to the proposed transaction. In some cases, you can identify forward-looking statements because they contain words such as "may,” "will,” "should,” "expects,” "plans,” "anticipates,” "could,” "intends,” "target,” "projects,” "contemplates,” "believes,” "estimates,” "predicts,” "potential" or "continue" or the negative of these words or other similar terms or expressions. Expectations and beliefs regarding matters discussed herein may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in filings with the SEC, including Sphere 3D's reports filed on Form 20-F and Form 6-K and in other filings made by Sphere 3D with the SEC from time to time and available at . These forward-looking statements are based on current expectations, which are subject to change. SPHERE 3D CORP. CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands of U.S. dollars, except share and per share amounts)     Three Months Ended March 31,   2022     2021   Revenues: (Unaudited) Digital mining revenue $ 747   $ -   Service and product revenue   625     940   Total revenues   1,372     940     Operating costs and expenses: Cost of digital mining revenue   474     -   Cost of service and product revenue   359     509   Sales and marketing   231     304   Research and development   114     237   General and administrative   15,214     1,165   Impairment of digital assets   91     -   Total operating expenses   16,483     2,215   Loss from operations   (15,111 )   (1,275 ) Other income (expense): Interest expense   -     (509 ) Interest and other income (expense), net   464     (588 ) Net loss   (14,647 )   (2,372 ) Dividends on preferred shares   -     193   Net loss available to common shareholders $ (14,647 ) $ (2,565 )   Net loss per share: Basic and diluted $ (0.23 ) $ (0.27 ) Shares used in computing net loss per share: Basic and diluted   63,841,403     9,421,717     SPHERE 3D CORP. CONDENSED CONSOLIDATED BALANCE SHEETS (In thousands of U.S. dollars)     March 31, December 31, 2022 2021 (Unaudited) (Unaudited) ASSETS Cash and cash equivalents $ 25,659 $ 54,355 Accounts receivable, net   205   181 Notes receivable   3,439   1,859 Other current assets   32,849   22,027 Total current assets   62,152   78,422 Notes receivable   13,617   11,988 Investments   19,949   19,949 Mining equipment, net   4,268   - Intangible assets, net   56,771   63,017 Other assets   108,078   102,548 Total assets $ 264,835 $ 275,924     LIABILITIES AND SHAREHOLDERS' EQUITY Current liabilities $ 6,658 $ 5,208 Other long-term liabilities   1,115   1,090 Total shareholders' equity   257,062   269,626 Total liabilities and shareholders' equity $ 264,835 $ 275,924


Sphere 3D IR and Media

NMN Advisors

Kurt Kalbfleisch