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World Mobile Group Ltd Converts Payable Notes Into Equity, Acquiring Approximately 18.5% of Cuentas Inc. and Deepening a High-Growth Strategic Alliance
Globenewswire· 2026-02-25 14:00
Miami Beach, FL and London, UK, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Cuentas Inc. (OTCQB: CUEN) and World Mobile Group Ltd today announced a transformative equity transaction in which World Mobile Group Ltd exercised its payable notes in exchange for 1,277,018 shares of common stock of Cuentas Inc., representing approximately 18.5% ownership of the Company. This strategic conversion signals a strong vote of confidence in Cuentas’ platform and accelerates the companies’ shared mission to build a next-generation ...
Spice up Crypto Trading in 2026 With This Exciting ETF
Etftrends· 2026-01-09 13:21
Core Insights - The cryptocurrency market is characterized by volatility and sentiment that can shift rapidly, presenting both opportunities and risks for investors [1] Company Overview - Coinbase Global (COIN) is identified as the largest regulated domestic cryptocurrency broker and is highly correlated with the crypto market, making it a significant player for risk-tolerant traders in 2026 [2] - The company has diversified its offerings by launching adjacent businesses, including the stablecoin USDC through a partnership with Circle, a crypto debit card, blockchain infrastructure, and data analytics services, which helps reduce reliance on volatile cryptocurrency transaction revenue [4] Regulatory Environment - The current pro-crypto stance of Congress and the White House is expected to benefit Coinbase, providing regulatory clarity that could lead to increased competition in the market [5] - The potential approval of more digital currency ETFs could create short-term trading opportunities for Coinbase and its associated products, such as the Direxion Daily COIN Bull 2X ETF (CONX) [4][6] Market Position and Strategy - Coinbase acts as a custodian for some of the largest Bitcoin and Ethereum ETFs, indicating potential for increased business as more digital currency ETFs are introduced [6] - The company ended 2024 with over $400 billion in client-owned cryptocurrency on its platform, emphasizing the importance of custodianship in its operating model [7] - Coinbase's market share expansion and its connection to cryptocurrency ETF approval news could make CONX a valuable tool for short-term traders throughout 2026 [8]
NextGen Digital Announces Treasury Strategy to Incorporate Crypto Assets, Acquires $1.0 Million in Bitcoin
Globenewswire· 2025-07-21 11:30
Core Viewpoint - NextGen Digital Platforms Inc. is acquiring $1.0 million worth of Bitcoin as part of its corporate treasury strategy, which includes the acquisition of various crypto assets [1][2]. Group 1: Corporate Strategy - The company is diversifying its corporate reserves by allocating excess cash into crypto assets, recognizing them as potential long-term stores of value and a hedge against systemic financial risk [2][4]. - A strategy approved by the board allows the company to allocate up to 80% of its treasury holdings to crypto assets, with all assets being custodied through a regulated, institutional-grade custodian [3][4]. Group 2: Market Context - This allocation reflects a proactive approach to treasury management amid fiscal instability, inflationary pressures, and increasing institutional demand for decentralized financial alternatives [4][5]. - The company views this move as enhancing the resilience and diversification of its balance sheet, aligning with a global shift towards the adoption of digital assets [4][5]. Group 3: Company Operations - The strategic initiative is not expected to impact the company's current development activities or business plans, and any material acquisitions of crypto assets will be disclosed in future news releases as required by law [6][9]. - NextGen Digital Platforms Inc. is committed to providing transparency, regulatory compliance, and value creation for shareholders while developing innovative structures aligned with decentralized finance [7].