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Binance Joins Blockchain for Europe

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Binance

Binance, the global blockchain company behind the world’s largest cryptocurrency exchange, today announced it is joining Blockchain for Europe, the European membership association representing international blockchain industry participants at the EU-level. Teana Baker-Taylor, U.K. Director at Binance has also been appointed to the Board of Blockchain for Europe, alongside Fetch.ai, Ripple, Block.one, and Blockseed Ventures. Together this group of industry experts and stakeholders collaborate to advocate for balanced policy and regulatory governance for blockchain in Europe and contribute to educating and supporting European policymakers as they evaluate the future potential opportunities for this new technology.

“As a global leader in the digital asset industry, Binance is committed to working with policy makers to educate and support the development of informed and effective governance models which promote the overall growth of the blockchain ecosystem,” said Baker-Taylor. “We’re delighted to join Blockchain For Europe to collaborate with some of the industry’s top companies to advocate for blockchain technology and tokenisation innovation in Europe.”

“At Blockchain for Europe we are very excited to welcome Binance, the world’s largest cryptocurrency exchange, to join our global team of blockchain industry leaders. Together we will continue to support European regulators and policy-makers in their efforts to unlock the potential of blockchain technology and to ensure Europe remains at the forefront of the technological innovations that will shape our future.” said Maria Minaricova, Chairwoman of the Board for Blockchain for Europe.

“Welcoming Binance to the Blockchain For Europe family is another great step in our mission highlighting the opportunities Blockchain technology offers to Europe. We are looking forward to incorporating the expertise and experience this global leader in blockchain brings to the table. In this process we remain committed to help ensure an innovation and business-friendly regulatory framework that fully fosters the benefits this new technology offers to European companies and citizens” said Robert Kopitsch, Blockchain for Europe Secretary General.

Blockchain for Europe and its members are currently focused on responding to the EU Action Plan on AML public consultation, the Digital Services Act (DSA) consultation on Smart Contracts, and contributing to ongoing discussions on the proposed EU Framework for Markets in Crypto-assets consultation conducted in December 2019.

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Plethori is Offering Investment Opportunities into Leading Insurance, NFT, and Oracle Sectors

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London, United Kingdom / 23 May 2021 / Plethori, a cryptocurrency ETF investment platform, is offering investment opportunities into leading Insurance, NFT, and Oracle sectors.

In the crypto world, investment opportunities are plenty, but can appear scattered and complex. Plethori plans to help solve this problem. As crypto becomes more mainstream, emerging projects are combining the best of the traditional and decentralized markets in order to offer the greatest investment opportunities to serious investors. One such company is Plethori, a one-of-a-kind cross-chain investment platform built on the Ethereum and Polkadot blockchains. Their goal: to deliver Cryptocurrency Exchange-Traded Funds (ETFs) to the masses via their platforms.

Plethori is a Cryptocurrency ETF Investment Platform that allows the open trading and creation of trustless ETFs by utilizing blockchain technology and layer 2 solutions. The service will allow investors to deposit capital in the form of PLE tokens and invest in a wide range of ETFs enabling investment into entire industries in cryptocurrency such as insurance, oracles, NFTs, Derivatives, Polkadot ecosystem projects, and many more.

The cross-chain investment platform recently partnered with Shield Finance — a multichain DeFi insurance aggregator. Shield Finance has developed an insurance aggregator which enables investors to protect their portfolio against ‘black swan events such as hacks, exploits, rug pulls, market crashes. The partnership will provide Plethori’s users with the power to insure their investments against negative price movement. Shield Finance will deploy Market Crash Protection contracts to cover the $PLE token. Holders will be able to insure their tokens against loss, giving them the ability to sell their $PLE at a guaranteed price (irrespective of current market price). Plethori also has plans to explore deploying the same insurance contracts to cover their range of available ETFs.

Plethori Brings Financial Inclusiveness

Soon to be launched on the ethereum layer 2 solution Optimism, Plethori will be able to offer their users ultra-low transaction fees and fast trading whilst maintaining high security. The platform shall also provide ERC-721 integration, rewarding ETF creation and trading achievements and gratifying investment and trading. Plethori will utilize the Ethereum and Polkadot ecosystems, empowering traders by providing a wide range of ETF tokens to trade and invest in. This will allow for the leveraging of technology from both blockchains. The service will allow investors to create fully decentralized ETFs that can then be traded which will earn creators a share of the subsequent transaction fees. The leaderboard system will reward top-performing fund creators with NFTs which give perks on the platform and partner project platforms such as early access to releases and higher staking APY.

Some of the key features on the platform include: Metamask Wallet connectivity for trustless non-custodial transactions; Blank Wallet integration for secure, private transactions; ultra-low fees on transactions; margin trading; leveraged trading; advanced charting features; detailed asset information; cryptocurrency market analytics; portfolio management tools; PLE token staking and farming and a lot more.

Plethori Governance

Plethori Governance is the governance platform and a community forum where PLE token holders will be able to submit proposals and vote on platform changes which will be vetted and executed by using governance contracts. The community will be able to communicate with other equally dedicated members in the tiered groups on the platform and coordinate and propose changes to the Plethori ecosystem.

The governance structure will be a complex but fair tiered system with each holder initially holding an equal single vote and their vote growing in value in response to certain factors relating to usage and involvement in the ecosystem.

The metrics that will influence the governance tier level and strength of vote are: length of time holding PLE; length of time staking/farming PLE; frequency of usage of the Plethori platform; level of engagement in the Plethori Governance platform, and; community contributions.

This system allows for community control, which holds true to the original cryptocurrency ideals of decentralization and democratization.

The PLE token will additionally act as a governance token for the platform giving the community the power to direct the development and advancement of their goals. PLE token holders will be able to vote on the platform to determine fund parameters and new features. They’ll also be able to influence decisions concerning the project such as ETF asset rebalancing or listing/delisting of assets. The changes proposed will be vetted and then voted on through the governance platform. Any changes will be applied automatically via smart contracts.

Conclusion

Plethori is bringing an era of financial inclusiveness through its cross-chain investment platform that offers several investment opportunities via Defi to one and all. Their interoperable platform allows for seamless trading between the Ethereum and Polkadot ecosystems.

The platform guarantees more than simply an aesthetically thought-out UI but also an investor-centric feel to create the perfect blend between form and functionality.

Social Links :

Twitter : https://twitter.com/plethori

Telegram : https://t.me/plethori

Medium : https://medium.com/plethori

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Voyager Digital Announces Memorandum of Understanding to Integrate Its Payment Platform With Lottery.com

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Voyager Digital Ltd.

Voyager Digital Ltd., a publicly-traded holding company whose subsidiaries operate a licensed crypto-asset brokerage that provides investors with an app and platform to invest in and trade crypto assets, and Lottery.com, an online platform that provides users with a safe and secure platform to play official lottery games directly from their mobile phones, today announced a Memorandum of Understanding pursuant to which the parties will work together towards enabling Lottery.com users to generate payment transactions using the Voyager platform.

“Voyager is at the forefront of driving crypto adoption and this exciting new initiative demonstrates just that. Once launched, users will have the ability to use their crypto assets for Lottery.com transactions, including games or lottery tickets,” said Stephen Ehrlich, CEO and Co-Founder of Voyager. “This new partnership highlights the growing acceptance of the use of digital assets for purchases, just like Voyager’s recent purchase of an Oakland A’s suite for Bitcoin, and further illustrates the power of Voyager’s retail-focused platform as a robust tool to reach the masses. Our continued growth in April coupled with our ongoing commitment to innovation makes Voyager the natural partner for online and offline companies looking to add crypto payments to their business.”

Tony DiMatteo, CEO and Co-Founder of Lottery.com, said, “Our partnership with Voyager will give Lottery.com users entry into a budding financial system of payments and markets. Our goal is to efficiently drive growth for Lottery.com as we work together with Voyager to expand our relationship into other related products. With the Voyager partnership, we can continue our history of providing innovative blockchain solutions to the lottery and real money gaming industry.”

About Voyager Digital Ltd.

Voyager Digital Ltd. is a publicly traded holding company whose subsidiaries operate a crypto-asset platform that provides retail and institutional investors with an app and platform to invest in and trade crypto assets. The Voyager Platform provides its customers with competitive price execution through its smart order router as well as a custody solution on a wide choice of popular crypto-assets. Voyager was founded by established Wall Street and Silicon Valley entrepreneurs who teamed to bring a better, more transparent, and cost-efficient alternative for trading crypto-assets to the marketplace. Please visit us at https://www.investvoyager.com for more information.

About Lottery.com

Lottery.com is an online platform that provides users with a safe and secure platform to play official lottery games directly from their mobile phones, offering state-sanctioned U.S. lottery products, to participants within the United States and around the world. Lottery.com’s proprietary blockchain technology maintains an accurate ledger of each transaction while reducing the opportunity for fraudulent activity. On February 22, 2021, Lottery.com entered into a definitive agreement with Trident Acquisitions Corp. (Nasdaq: TDACU, TDAC, TDACW) to become a publicly-traded company on The Nasdaq Stock Market.

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Organizations Begin to Adopt Innovative Blockchain Solutions

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A major portion of the economy has transitioned to remote operations, yet most workers are still unclear on how long it will take until the system returns to pre-pandemic norms. As a result, several sectors in the technology industry have grown in demand. For example, cloud computing, digital payments and in particular the cryptocurrency and blockchain segments are back at the center of attention this year. As a result of the recent crypto boom, investors have once again started to view the new digital currencies as potential long-term investments necessary in a properly diversified portfolio. Therefore, it is not surprising that ETFs with a focus on crypto and blockchain are doing as well as they are. “Just over three years ago we launched the first actively-managed ETF focused on the dynamic market segment of blockchain-related stocks,” said Amplify CEO Christian Magoon. “BLOK has provided investors with additional portfolio diversification through its unique portfolio makeup that includes the Bitcoin Investment Trust. Blockchain technology is primarily known for one application today: cryptocurrency.” DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTC: DMGGF), Argo Blockchain Plc (LSE: ARB) (OTC: ARBKF), Marathon Patent Group, Inc. (NASDAQ: MARA), Riot Blockchain, Inc. (NASDAQ: RIOT), 500.com Limited (NYSE: WBAI)

In recent years, many companies and organizations have become more friendly towards blockchain and cryptocurrencies. As a result, there has been an influx of companies buying bitcoin and accepting it as payment. For example, earlier this month Meitu, a Chinese company that makes a photo editing app, has accepted USD 22.1 Million worth of ether and USD 17.9 Million worth of bitcoin. “The Board believes cryptocurrencies have ample room for appreciation in value and by allocating part of its treasury in cryptocurrencies can also serve as a diversification to holding cash (which is subject to depreciation pressure due to aggressive increases in money supply by central banks globally) in treasury management,” Meitu said, according to a report by CNBC. This follows companies like Tesla and Square, which have also put emphasis on cryptocurrency.

DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) just announced breaking news that it has, “entered into a definitive license agreement (the “Agreement”) to provide technology solutions for Marathon and the new Digital Currency Miners of North America (“DCMNA”) pool. Marathon is one of the largest enterprise Bitcoin self-mining companies in North America and will be launching the first North America-based Bitcoin mining pool that is fully compliant with U.S. regulations, including anti-money laundering (AML) and the Office of Foreign Asset Control’s (OFAC’s) standards. Unique features of DMG’s Blockseer pool technology include the ability to filter transactions to ensure AML and OFAC compliance in anticipation of impending US regulations. On a day-to-day basis, DCMNA will manage the pool with DMG providing strategic guidance and/or technical support as needed.

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OKEx lists FLOW, the crypto behind NBA Top Shot NFTs

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OKEx, a world-leading cryptocurrency spot and derivatives exchange, is thrilled to announce the listing of FLOW, the native asset of the Flow blockchain. Flow is a decentralized blockchain platform created for gaming and non-fungible token use cases. It’s already home to an NFT making mainstream headlines — NBA Top Shot. OKEx is one of the first exchanges in the world to offer FLOW trading, which launches today with three trading pairs.

Developed by Dapper Labs — the team behind another wildly successful digital collectibles DApp, CryptoKitties — the Flow blockchain provides the foundation for a new generation of digital assets, games, and dApps, including NBA Top Shot.

Officially licensed by the National Basketball Association, NBA Top shot is currently pushing NFTs to mainstream adoption, already reaching more than $45 million in sales over the past 24 hours alone. Just last week, one blockchain-based collectible “Moment” — 13-second video of star player Zion Williamson — sold for a massive $100,000.

Spot trading of FLOW against USDT will go live at 5:00 pm UTC today, Feb. 23, with trading against ETH and BTC opening one hour later. Deposits of FLOW were available from 3:00 am UTC today, and withdrawals will open at 10:00 am UTC on Feb 24, 2021.

Flow is a blockchain protocol designed to scale in order to support DApps with mainstream demand. Smart contracts on Flow are written in the widely-used Cadence programming language and power applications that can reportedly serve billions of people.

Developed and tested in collaboration with several top-name global partners, including the NBA, Samsung and Warner Music Group, Flow is now open for anyone to develop decentralization applications. Flow lets developers build new crypto-powered businesses, creating new unique digital assets that can be traded on open markets.

Commenting on today’s listing of FLOW, OKEx CEO Jay Hao stated:

“It’s extremely exciting to see so much innovation in the NFT field and real progress being made to allow decentralized applications to scale to accommodate mainstream use. We are also proud to add that as one of the first exchanges to offer FLOW trading, we continue to strive to ensure a rewarding and enjoyable experience for our users.

Flow is already proving to be a fast and secure platform for developers to create a whole host of games, digital assets, and consumer applications on, and will undoubtedly play a large role in taking NFTs – and crypto – to the mainstream, as we’re already seeing with NBA Top Shot.”

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Boost Your Business with Crypto and Finance Advertising

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CoinAD.media – Crypto Advertising Network. Advertise your project on more than 200+ blockchain and crypto related websites. Audience 100% Crypto! Create your ads using our advertising platform and generate top quality leads to your websites from our enormous publisher network. You can control the target audience by configuring filters based on GEO, time, display devices.

At CoinAd Media we are confident that you are tired of spending a lot of money on advertising, increasing auction bids on Google Ads and other similar advertising services. And given the fact that it is impossible to advertise cryptocurrency services in Google Ads, we recommend that you turn to CoinAd Media for a service. Now CoinAd Media is collaborating with 200+ blockchain and crypto related websites. We offer CPC and CPM at the lowest prices on the market.

CPC – $0.10 per click.
CPM – $0.30 per 1000 impressions.

At CoinAd Media we do not have an auction for advertising bids. All banners of our advertisers are shown in turn, from the first banner to the last. Every advertiser of any budget can be sure to get the most impressions available throughout the day.

You can set minimum ad prices and get maximum clicks or impressions. At CoinAd Media you don’t have to chase the escalating auction price like you do with Google Ads and other similar ad services. Set a minimum price and get the maximum income.

Since we do not have an auction, it is very profitable for advertisers to purchase discount packages that are available in our marketplace. We have a large number of discount packages at different prices.

For example, you can buy the Small Banner Discount Package: CPC $0.08 and/or CPM $0.20.

You can buy the Business Banner Discount Package: CPC $0.06 and/or CPM $0.16.

Or buy the new and the most popular for today Big Discount Package 2021CPC $0.02 and/or CPM $0.08. This package will be enough for you at least 5 – 8 months of non-stop advertising campaign.

Immediately after purchasing a discount package, we will set a minimum price threshold for you and you can launch your advertising campaign at the price of your discount package.

We have many different discount including the News Distribution to Crypto Websites packages. Visit our marketplace and choose any advertising package that suits you and get advertising services at the lowest price on the market. Millions of users interested in cryptocurrency will see your ad.

The marketplace of CoinAd Media accepts payments in EUR, USD, BTC, ETH, LTC, XRP, USDT, USDC, BNB, PAX, LINK as well as any Bank or Credit Cards.

Save your money with the CoinAd Media Marketplace, get convenient and good advertising service with one click in your browser or mobile phone. We’ll take care of the rest.

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SOS Limited Announces Exercise of Warrants for $26.6 Million Gross Proceeds

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SOS Limited (NYSE: SOS) (the “Company” or “SOS”) today announced the agreement by several accredited investors to exercise certain warrants to purchase up to an aggregate of 16,125,000 of its American Depositary Shares (“ADSs”) issued by the company on December 22, 2020, at an exercise price of $1.55, and January 7, 2021, at an exercise price of $1.85 per ADS, respectively.

The ADSs issuable upon exercise of the warrants are registered pursuant to a registration statement on Form F-3 (File No. 333-250145) which became effective by the Securities and Exchange Commission (SEC) on November 30, 2020. The gross proceeds to the company from the exercise of the warrants are expected to be approximately $26.6 million, prior to deducting placement agent fees and estimated offering expenses.

Maxim Group LLC is acting as the exclusive placement agent for the offering.

In consideration for the immediate exercise of the warrants for cash, the exercising holders will receive new unregistered warrants to purchase ADSs in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “1933 Act”). The warrants will be exercisable into an aggregate of up to 25,800,000 ADSs, at an exercise price of $2.00 per ADS, which have a term of exercise approximately equal to five years.

SOS intends to use the proceeds from the offering to develop its planned blockchain-based cryptocurrency mining and security and insurance technology business and acquisition in the cryptocurrency industry as well as for working capital and general corporate use.

The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the 1933 Act and, along with the ADSs issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the SEC or an applicable exemption from such registration requirements. The securities were offered only to accredited investors. The company has agreed to file a registration statement with the SEC covering the resale of the ADSs issuable upon exercise of the new warrants.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About SOS Limited

SOS Limited, through its operating subsidiary, SOS Information Technology Co., Ltd. (“SOS”) is a high-technology company providing a wide range of services to its corporate and individual members, including marketing data, technology and solutions for emergency rescue services. SOS transforms digital technology into data-driven operations through the research and development of big data, cloud computing, Internet of Things, blockchain and artificial intelligence.

We have created a SOS cloud emergency rescue service software as a service (SaaS) platform with three major product categories: basic cloud, cooperative cloud, and information. This system provides innovative marketing solutions to clients such as insurance companies, financial institutions, medical institutions, healthcare providers, auto manufacturers, security providers, senior living assistance providers, and other service providers in the emergency rescue services industry.

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BuyBSV.com expands to seven new countries

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As the Bitcoin SV blockchain expands so does the need for easy accessibility and as a result you can now buy Bitcoin SV (BSV) on BuyBSV.com with VISA or MasterCard in: Argentina, Colombia, Chile, Greenland, Kenya, Peru & Taiwan.

This global expansion is additional to the United States, Canada, Brazil, Australia, New Zealand, India, Philippines, Indonesia, Malaysia and European countries, namely, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, Netherlands, Norway, Poland, Portugal, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, Romania and United Kingdom.

Furthermore, websites, portals, blogs and vlogs can now embed our specially designed widget to their content allowing visitors easily purchase BSV and tip, pay for content, products or experiences with BSV. Just fill out the form at the bottom of the buyBSV.com website.

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SkyBridge Enters Bitcoin Market With New Allocation, Fund Offering

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Digital Money

SkyBridge Capital, a leading global alternative investment firm, today announced the launch of the SkyBridge Bitcoin Fund LP, which provides mass-affluent investors with an institutional-grade vehicle to gain exposure to Bitcoin. Additionally, on behalf of its flagship funds, SkyBridge initiated a position, valued at approximately $310 million at the time of this release, in funds investing in Bitcoin during November and December 2020.

To launch SkyBridge Bitcoin Fund LP, SkyBridge and its affiliates have invested $25.3 million. SkyBridge is among the most well-established financial institutions to launch a Bitcoin product, offering a secure and easy way to buy and sell Bitcoin. Fidelity will serve as custodian, and Ernst & Young will audit the fund.

“We believe Bitcoin is in its early innings as an exciting new asset class,” said SkyBridge founder and managing partner Anthony Scaramucci. “With the institutional quality custody solutions available today, we believe the time is right to allocate capital and provide our clients access to the digital assets space.”

Despite growing retail demand for digital currency, Wall Street firms have largely avoided the market due to concerns around security. With the launch of the SkyBridge Bitcoin Fund LP, investors will have access to institutional-quality custody and operation, without forcing investors to directly hold Bitcoin.

“Bitcoin is leading a digital monetary revolution around the world,” said Brett Messing, SkyBridge President and Chief Operating Officer. “We believe the onus has shifted from ‘why are you investing in Bitcoin?’ to ‘how are you not investing in Bitcoin?'”

In 2020, Bitcoin more than doubled in price and surpassed its 2017 market capitalization for an all-time high of over $500 billion. Today, one Bitcoin is valued at approximately $32,000.

“Our investment team has grown enthusiastic about Bitcoin’s properties as a portfolio diversifier and return generator,” said Troy Gayeski, SkyBridge Co-Chief Investment Officer and Senior Portfolio Manager. “Investors trust us to see around corners, and we believe it’s prudent now to allocate a small portion of your portfolio to digital assets.”

SkyBridge Bitcoin Fund LP builds on the firm’s longtime commitment to making alternative investment accessible to wider audiences. Among its products, SkyBridge’s flagship Series G fund offers modest minimum investment requirements for access to leading hedge fund managers.

“With global money printing at an all-time high, Bitcoin offers a strong alternative to gold as a store of value and hedge against future inflation,” said Ray Nolte, SkyBridge Co-Chief Investment Officer and Senior Partner.

The SkyBridge Bitcoin Fund LP will charge a 75-basis point management fee and no incentive fee. Accredited investors can subscribe directly to the fund, which requires a minimum investment of $50,000, at skybridgebitcoin.com. SkyBridge co-CIO Troy Gayeski authored a whitepaper on the firm’s decision to enter the Bitcoin market, which can also be found at skybridgebitcoin.com.

About SkyBridge 
SkyBridge is global alternative investment manager that provides a range of investment solutions to individuals and institutions. Addressing every type of market participant, SkyBridge’s investment offerings include commingled funds of hedge funds products, customized separate account portfolios, hedge fund advisory services, and an Opportunity Zone focused non-traded REIT. The firm is headquartered in New York. For more information, visit: www.skybridge.com.

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Future Fintech Group Inc. Announces $8 Million Registered Direct Offering

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Future FinTech Group Inc. (NASDAQ: FTFT) (“Future FinTech”, “FTFT” or “the Company”), a leading blockchain based e-commerce company and a service provider for financial technology, today announced that it has entered into a definitive agreement with institutional investors for the purchase and sale of 4,210,530 shares of its common stock and common stock warrants to purchase up to 4,210,530 shares of common stock at a combined purchase price of $8,000,007 in a registered direct offering. The common stock warrants have an exercise price of $2.15 per share, and will be immediately exercisable and will expire five years from the date of issuance. The closing of the offering is expected to occur on or about December 29, 2020, subject to the satisfaction of customary closing conditions.

This offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-224686) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) and declared effective on December 11, 2020. A prospectus supplement describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the prospectus supplement may be obtained, when available, from A.G.P./Alliance Global Partners, 590 Madison Avenue, 28th Floor, New York, NY 10022, or by telephone at (212) 624-2060, or by email at [email protected]

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these 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 any such state or jurisdiction.

About Future FinTech Group Inc.

Future FinTech Group Inc. (“Future FinTech”, “FTFT” or the “Company”) is a leading blockchain e-commerce company and a service provider for financial technology incorporated in Florida. The Company’s operations include a blockchain-based online shopping mall platform, Chain Cloud Mall (“CCM”), a cross-border e-commerce platform (NONOGIRL), an incubator for blockchain based application projects. The Company is also engaged in the development of blockchain based technology and services as well as financial technology services. For more information, please visit http://www.ftftex.com/.

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AST’s Mutual Fund Proxy Campaign Platform ProxyIQ® Recognized as a 2020 Benzinga Fintech Awards Finalist

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AST today announces that its mutual fund proxy campaign management platform ProxyIQ has been recognized as a Benzinga finalist in the Best New Product category. Benzinga Fintech finalists comprise carefully vetted and renowned companies across 27 categories and executives who are striving to revolutionize the fintech industry. From deeply established companies to the newest startups, this group is impacting sectors like payments, banking, investing, technology and financial literacy. This list of carefully selected companies will be honored each year as Benzinga continues to highlight the fintech industry’s most innovative minds.

“We’re honored to have received this recognition for ProxyIQ from Benzinga, a reputable go-to destination for fintech trends and analysis,” said Martin Flanigan, President and CEO of AST. “The advantages of ProxyIQ and their recognition by Benzinga further confirm our leadership in providing ownership data management and analytics. We are proud to be recognized for our commitment to helping clients harness the power of their data.”

ProxyIQ is being recognized in the Best New Product category. ProxyIQ is a blockchain based proxy solicitation, tabulation and reporting engine supporting Mutual Fund, Equity, Insurance and other shareholder meetings or member voting events. Through blockchain technology, ProxyIQ provides near real time vote recognition and tabulation, allowing for transparency throughout the campaign. The immutable audit trail inherent in the blockchain provides confidence in the results for all parties. To date, AST has managed over 130 meetings on ProxyIQ, including over 26.5B shares voted through direct and third party channels.

“AST is harnessing the power of blockchain technology to provide companies and mutual funds with superior access to, and management of, ownership data. The blockchain technology positions AST to create deeper connectivity within the industry to streamline the process of reaching shareholders and tabulating voting,” says Paul Torre, President of Governance, Proxy and Ownership Services at AST.

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