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Wellfield Technologies Inc. Announces Failure to File Cease Trade Order
Newsfile· 2025-10-11 00:02
Core Points - Wellfield Technologies Inc. has received a failure-to-file case trade order (FFCTO) from the British Columbia Securities Commission (BCSC) due to delays in filing required financial statements [1][2] - The company anticipates completing and filing its annual audited financial statements by October 29, 2025, with interim filings to follow shortly thereafter [3][4] Company Overview - Wellfield Technologies, Inc. is a fintech company that specializes in blockchain technology solutions, operating platforms like Coinmama and Tradewind Markets [5]
Cosmos Health Purchases an Additional $500,000 in Ethereum Pursuant to its $300 Million Digital Assets Facility
Globenewswire· 2025-10-10 12:00
Core Insights - Cosmos Health Inc. has increased its investment in Ethereum (ETH) by an additional $500,000, raising its total investment to $1.5 million [1][2][3] - The acquisition is part of a larger $300 million digital assets facility aimed at diversifying the company's balance sheet and leveraging blockchain technology in healthcare [2][3] - The CEO of Cosmos Health expressed optimism about the potential for further appreciation of Ethereum, viewing it as both a long-term investment and a means to enable secure, decentralized healthcare solutions [3] Company Overview - Cosmos Health Inc. is a diversified, vertically integrated global healthcare group, incorporated in 2009 in Nevada [4] - The company owns a portfolio of proprietary pharmaceutical and nutraceutical brands and operates manufacturing facilities compliant with European Good Manufacturing Practices [4] - Cosmos Health distributes a wide range of pharmaceuticals and parapharmaceuticals and has established R&D partnerships targeting major health disorders, enhanced by AI drug repurposing technologies [4] - The company has entered the telehealth space through the acquisition of ZipDoctor, Inc. and is expanding its operations across Europe, Asia, and North America [4]
Anthea secures $22m to launch Ethereum Life Insurance
ReinsuranceNe.ws· 2025-10-10 05:00
Core Insights - Anthea Holding Limited has completed a US$22 million Series A funding round to enhance its life insurance solutions in digital assets [1][2] Group 1: Funding and Investment - The investment was led by Yunfeng Financial Group Limited, with participation from various strategic and institutional investors experienced in insurance, asset management, and financial technology [2] - The new capital will support the launch of Anthea's first life insurance policy denominated in Ethereum (ETH), marking a global first in this product category [2][3] Group 2: Strategic Goals and Operations - Proceeds from the funding will be utilized to scale operations, drive product development, and enhance Anthea's distribution and market presence across Asia [3] - The CEO of Anthea emphasized that this funding round represents a strategic alignment with partners who share the vision for the future of insurance [3] Group 3: Regulatory and Market Position - Anthea Insurance Limited has received in-principle approval from the Bermuda Monetary Authority to register as an Innovative Insurer, which strengthens its ability to integrate global life insurance standards into the digital asset landscape [4] - The company aims to combine the security of traditional life insurance with the flexibility of blockchain technology, targeting both crypto-savvy clients and traditional investors [5]
AlphaTON Capital CIO and Executive Chairman Enzo Villani Featured in Live Interview at Nasdaq MarketSite with IPO Edge
Globenewswire· 2025-10-09 12:53
Core Insights - The article discusses the strategic vision of AlphaTON Capital in leveraging the TON blockchain and Telegram ecosystem for digital asset integration and communication privacy [1][2][3] Company Strategy - AlphaTON Capital focuses on building institutional-grade exposure to the TON blockchain, which connects over one billion monthly active users through Telegram [3][4] - The company's treasury strategy includes direct acquisition of TON tokens, validator operations, and developing applications within Telegram's mini app ecosystem [5][11] Ecosystem Development - AlphaTON Capital has established strategic relationships with industry leaders such as BitGo, Animoca Brands, and Kraken, enhancing its position in the digital asset space [6] - The integration of the TON blockchain with Telegram is seen as a significant opportunity for mass adoption of decentralized applications [4][11] Leadership - Enzo Villani serves as Chief Investment Officer and Executive Chairman of AlphaTON Capital, bringing extensive experience in fintech and digital assets [7][8]
Citibank Backs Stablecoin Firm BVNK: Report
Yahoo Finance· 2025-10-09 09:51
Core Insights - Citi, the third-largest bank in the US, has strategically invested in BVNK, a London-based stablecoin infrastructure firm, amid clearer regulations and increasing demand for stablecoins among US banks [1][2] - BVNK operates a payments platform facilitating global transactions using stablecoins, with a valuation exceeding $750 million from its previous funding round [2] - The stablecoin market is experiencing significant growth, with nearly $9 trillion in transactions over the past year and a total market cap of $314 billion [4] Company Developments - Citi is expanding its cross-border payments capabilities and targeting digital-only banks and neobanks for stablecoin integration [3] - Citi's CEO has indicated the bank's exploration of issuing its own stablecoin [3] - Other US banks, including JPMorgan and Bank of America, are also entering the stablecoin market with their own blockchain-based solutions [7] Market Trends - The demand for dollar-based stablecoins is projected to increase by $1.4 trillion by 2027, reflecting their expanding role in global finance [5] - Stablecoins are seen as safer, inflation-resistant digital alternatives, with estimates suggesting they could draw around $1 trillion from emerging-market banks in the next three years [5] - The passage of the GENIUS Act has provided regulatory clarity for stablecoins, encouraging more US banks to explore blockchain technology [6]
Hashex Audit Confirms MAGACOIN FINANCE Passed Security Review, Reddit Discussion Turns Constructive
Globenewswire· 2025-10-09 05:01
NEW YORK, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Blockchain security firm Hashex has completed an independent audit of MAGACOIN FINANCE, verifying that the project’s smart contract meets established safety and transparency standards. The audit found no critical or high-risk vulnerabilities, confirming that the contract’s core functions—token minting, distribution, and liquidity management—operate as described. Following publication of the audit, conversation on Reddit and other social platforms has shifted towa ...
Crypto Life Insurer Anthea Raises $22M to Launch Ethereum-Denominated Policy
Yahoo Finance· 2025-10-08 13:49
Anthea, a Bermuda-based crypto life insurer, has raised $22 million in a Series A round led by Yunfeng Financial Group to launch what it calls the world’s first life insurance product denominated in Ethereum tokens (ETH). The company, whose goal is to merge life insurance with blockchain technology, said the capital will accelerate product development, expand its footprint across Asia and support ongoing operations as it builds out its crypto-linked insurance platform, according to a press release on Wedn ...
Stablecoin startup Coinflow raises $25 million to challenge Stripe
Yahoo Finance· 2025-10-08 12:00
Core Insights - The interest in stablecoins is growing across various sectors, but challenges remain in making them user-friendly like credit cards or digital wallets [1] - Coinflow has raised $25 million in Series A funding to enhance the use of stablecoins for faster transactions [1] - Coinflow aims to reduce transaction times from hours or days to seconds by using stablecoins as an intermediary [2] Company Overview - Coinflow, led by CEO Daniel Lev, is a payment service provider competing with established players like Stripe and Worldpay [2] - The company believes that stablecoins represent a paradigm shift in payment technology, potentially creating new winners in the market [2][5] - Coinflow's technology allows merchants to process payments without directly dealing with stablecoins, enhancing speed and cost efficiency [3] Technology and Partnerships - Coinflow partners with banks and stablecoin issuers globally, enabling it to mint and burn stablecoins and settle payments instantly [4] - The company operates across multiple blockchains, including Solana and Ethereum, focusing on speed and fees rather than specific blockchain preferences [4] Market Context - Coinflow was founded in 2022 during a downturn in crypto enthusiasm, but the perception of stablecoins as a powerful tool for money movement has shifted positively [5]
AiRWA Inc. Announces Receipt of $30 Million of Solana Tokens into AiRWA Exchange, as well as Successful Test Runs Settling Trades of Tokenized U.S. Equities
Globenewswire· 2025-10-07 13:15
Core Insights - AiRWA Inc. has secured an investment of approximately $30 million in Solana tokens, which will enhance the financial foundation of AiRWA Exchange and support its strategic focus on integrating Solana as a core asset for trading pairs [1] - AiRWA Exchange has completed test runs for settling trades of tokenized U.S. equities, allowing users to trade digital representations of U.S. stocks with the same ease as cryptocurrencies [2] - The platform aims to cater to cryptocurrency enthusiasts by enabling the trading of tokenized U.S. stocks like any other digital asset, with transactions settled within seconds on the blockchain [3] Business Model and Strategy - AiRWA Exchange plans to launch its services to approximately 4 million users from its joint venture partner, JuCoin, providing significant scale from the outset [4] - The company aims to revolutionize the trading experience for tokenized stocks and digital assets, merging blockchain technology's efficiency with traditional U.S. stock markets [5] - The integration of Solana and tokenized equities is expected to differentiate AiRWA Exchange in the digital asset marketplace, offering flexibility and speed for both institutional and retail traders [5] Company Background - AiRWA Inc. operates through its majority-owned subsidiary, Yuanyu Enterprise Management Co., Limited, which holds advanced patents and proprietary technology for digital matchmaking and technology solutions [6] - The company is actively involved in the Web3 space, focusing on the tokenization of real-world assets, particularly tokenized U.S. stocks [6]
X @Andy
Andy· 2025-10-07 11:53
🤯🤯🤯$2B investment at $10B valuation from the NYSE owner is absolutely insane.Prediction markets are one of the greatest usecases for blockchain technology.I wouldn’t be surprised if both Polymarket & Kalshi launch tokens next year.Someone spin up a market!In fact, I think it’s basically a given at this point that they will. I think it’s also possible they both launch their own L1, but that is a bit more difficult to say…Regardless, this news is so bullish for the sector.My friends from sports betting and ch ...