Digital Asset Infrastructure

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Creatd's Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option
Prism Media Wire· 2025-07-21 13:32
Creatd’s Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option Flyte Jet Card launches as a premium loyalty program offering guaranteed jet access, fixed hourly rates, and no hidden fees across a curated fleet of private aircraft.Program introduces Bitcoin as a payment option, reflecting Flyte’s commitment to financial flexibility and innovation.Launch supports Creatd, Inc.’s broader strategy to expand digital asset infrastructure among its portfolio.New York, July 21, 2025 ...
Creatd’s Flyte Introduces Jet Card Membership Program, Featuring Cryptocurrency Payment Option
Globenewswire· 2025-07-21 13:30
Flyte Jet Card launches as a premium loyalty program offering guaranteed jet access, fixed hourly rates, and no hidden fees across a curated fleet of private aircraft.Program introduces Bitcoin as a payment option, reflecting Flyte’s commitment to financial flexibility and innovation.Launch supports Creatd, Inc.’s broader strategy to expand digital asset infrastructure among its portfolio. NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Creatd, Inc. (OTC: CRTD) today announced that its aviation subsidiary, Flyt ...
X @Ripple
Ripple· 2025-07-09 11:00
Ripple has selected @BNYglobal as the primary reserves custodian for $RLUSD, an enterprise-grade stablecoin built for real-world utility, supported by one of the largest and most trusted financial services companies in the world. https://t.co/vMJKqQnWLsLearn more about our shared vision for compliant, scalable digital asset infrastructure and a foundational step in bridging traditional finance and crypto. ...
Matador Acquires 5.38 Bitcoin for CAD$798,000, Bringing Its Total Bitcoin (and Bitcoin Equivalent) Holdings to approximately 69
Globenewswire· 2025-06-11 11:30
Core Viewpoint - Matador Technologies Inc. has acquired an additional 5.38 bitcoin for CAD$798,000 (USD$581,198), bringing its total Bitcoin holdings to approximately 69 bitcoin, reinforcing its long-term capital preservation strategy [1][2]. Financial Position - The company operates debt-free, with all Bitcoin holdings free and clear, and maintains cash reserves of approximately CAD$6.5 million and physical gold holdings of 2 kilograms (approximately CAD$319,000) [2][3]. - The recent acquisition of Bitcoin was made at an average price of USD$107,217 per bitcoin, inclusive of fees and expenses [1]. Strategic Investments - Matador has committed to invest in HODL Systems, a publicly traded Indian technology company, which would provide up to 24.95% ownership, enhancing its exposure to the global digital asset ecosystem [3][6]. - This investment aligns with the company's goal of deepening its commitment to Bitcoin as a reserve asset and expanding its treasury holdings [6]. Long-term Strategy - The company integrates Bitcoin into its long-term strategy as a core treasury asset and aims to leverage blockchain technology to deliver long-term value for stakeholders [4][5]. - Matador's strategy includes strategic Bitcoin accumulation, product development, and participation in digital asset infrastructure, driving long-term shareholder value without dilution [5].
StoneCo vs. Block: Which Fintech Stock is a Smarter Buy for 2025?
ZACKS· 2025-05-29 20:01
Core Insights - StoneCo and Block are highlighted as leading fintech companies in 2025, focusing on integrated payment and financial services for small- and medium-sized merchants [1] StoneCo Performance - StoneCo reported a strong first quarter in 2025, with adjusted earnings exceeding the Zacks Consensus Estimate by 6.3% and a year-over-year improvement of 17.2% [2] - The company achieved a 19% increase in gross profit, driven by effective repricing and lower average funding spreads, showcasing a disciplined approach to profitability [2] - Year-to-date, StoneCo shares surged 67.3%, significantly outperforming the Internet-Software industry's 14.7% gain and the S&P 500's 0.8% rise [5] - StoneCo's first-quarter revenue growth was 19% year-over-year, with Financial Services revenues up 20% and Software revenue rising 11% [8] - Adjusted EPS increased by 17.2%, with basic EPS surging 36% year-over-year, supported by disciplined cost control and margin expansion [9] - The company has returned approximately R$1 billion year-to-date through aggressive share repurchases, with a total of R$2.4 billion in buybacks over the past 12 months [10] Block Performance - Block reported a 28% increase in adjusted operating income and a 15% rise in adjusted EBITDA in the first quarter of 2025 [3] - The Square segment saw a 9% increase in gross profit, supported by gross payment volume growth of 8.2% on a constant currency basis [11] - Block generated $1.53 billion in adjusted free cash flow over the trailing 12 months, up from $1.07 billion a year ago, and repurchased $600 million in stock through April 2025 [15] - Cash App is focusing on user growth and expanding its network, with plans to scale Cash App Borrow after receiving FDIC approval [12] Valuation Comparison - StoneCo is trading at a forward 12-month P/E ratio of 8.75, while Block's forward earnings multiple is at 19.79, both appearing undervalued compared to the industry's forward P/E of 37.59 [17] - StoneCo is considered a more compelling investment opportunity compared to Block, which has mixed investor sentiment due to Cash App's near-term softness and premium valuation [19][20]