Crypto Oasis Ecosystem Report 2023: Identifies 1,800+ Organisations in the Thriving UAE Web3 Space

DUBAI, May 8, 2023 – (ACN Newswire) – The UAE's crypto ecosystem continues to grow at an unprecedented rate, with over 1,800 organisations currently identified as of Q1 2023, according to the second edition of the Crypto Oasis Ecosystem Report. The report, developed in collaboration with the DLT Science Foundation and Roland Berger, one of the leading management consultancies, offers a comprehensive summary of the UAE's Blockchain evolution driven by Web3, cryptographic, and Blockchain technologies. Roland Berger also exclusively contributed with three thought leadership articles that are exclusively published in the report.

Highlights:
– Get an in-depth look at the world's fastest growing Blockchain ecosystem in the newly launched spring edition of the report at the Dubai FinTech Summit 2023
– The report provides a comprehensive breakdown of the ecosystem's main elements, including Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates, and Education & Research
– Of the total number of organisations, native ones make up 70.24% (1,270 organisations), while non-native ones account for 29.76% (538 organizations)
– The report was produced in partnership with the DLT Science Foundation, a global nonprofit organization newly established to bring together top academic institutions, industry leaders and developers to further society's adoption of DLT and other exponential technologies, and Roland Berger, the leading management consultancy with a strong expertise in Digital Assets, Web3 and Metaverse. Roland Berger exclusively published three thought leader point of views as part of the report
– Additionally, the report features an in-depth regional analysis of the UAE by leading blockchain data platform Chainalysis

The report, which was launched during the Dubai FinTech Summit organised by the Dubai International Financial Centre (DIFC), highlights that more than 8650 professionals currently work in organisations within the Crypto, Blockchain, Metaverse, and Web3 Ecosystem of the UAE, representing a 4.2 percent increase from Q4 2022. The report is divided into six parts, including Governments & Associations, Startups & Projects, Investors & Collectors, Service Providers, Corporates, and Education & Research.

Native organisations account for 70.24% (1,270 organisations) of the total number, while non-native organisations account for 29.76% (538 organisations). During Q1 2023 alone, over 150 new organisations were identified, bringing in more than 350 new professionals to the thriving ecosystem. Approximately 72.8 percent (roughly 6,301) of these individuals work for native Blockchain organisations, while the remaining 27.2 percent (approximately 2,350) work for non-native companies.

"The second edition of the Crypto Oasis Ecosystem Report is a valuable resource for anyone interested in the Web3 space and will be an essential tool for policymakers, investors, and entrepreneurs looking to navigate the rapidly evolving landscape of blockchain technology," said Saqr Ereiqat, co-founder of Crypto Oasis. "The report is a result of comprehensive research undertaken by the Crypto Oasis Research team, which involved an in-depth analysis of the UAE Web3 Ecosystem."

Paolo Tasca, co-Founder and chairman at the DLT Science Foundation, said, "At the DLT Science Foundation, we are keen to reach out into and connect with the fastest growing Web3 Ecosystem in the world! This report provides a unique market analysis of the crypto and Web3 key players in the UAE. We are glad to have contributed to it."

Pierre Samaties, Partner at Roland Berger Middle East and leading the Global Digital Assets, Web3 and Metaverse practice, said, "The growth of the UAE Digital Asset and Web3 ecosystem is very impressive. It is driven by forward looking regulation, a welcoming talent immigration environment and a remarkable appetite from government and institutions to adopt the many opportunities the technology brings."

The report also contains insightful thought leadership articles from major players in the industry, including , Circle, Citigroup, DIFC, DMCC, GenTwo, QORPO, Pulse World, Ripple, Securrency, State Street, Tokengate, Venom, Virtua and Yield App. Additionally, the report features a detailed regional analysis of the UAE by Blockchain data platform Chainalysis.

Suzana Obradovic, Regional Director Middle East and Africa at Chainalysis, said, "We are excited to bring our blockchain data insights to the Crypto Oasis Ecosystem Report. The launch of the report, already in its second edition, marks an important milestone in the growth of the Web3 ecosystem in the UAE. By building out comprehensive regulation and embracing future technologies, the UAE has made itself very attractive to Web3 enthusiasts looking to establish themselves in the region."

You can download the report at www.cryptooasis.ae/report

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,800+ organisations identified in the UAE alone with more than 8,650 individuals working in the space. www.cryptooasis.ae

About DLT Science Foundation

The DLT Science Foundation (DSF) is committed to address grand challenges by adopting and promoting distributed ledger technologies (DLT) and other exponential digital technologies. The DSF achieves this aim by empowering education, innovation, and research through its academic network and partnerships with industry leaders. The DSF expands knowledge transfer from academia to industry, promoting a stable adoption of DLT in business, government and society. Our foundation operates as a global, decentralised entity, much like the technology we promote. A network of world-leading experts from around the world pools their knowledge and expertise to deliver the DSF's vision. The DSF team works tirelessly to further its mission, supporting educational initiatives, empowering researchers, and acting as a hub for startups, universities, and knowledge-transfer institutions. The foundation stimulates innovation through activities such as hackathons, commercialising research, and much more. www.dltscience.org

About Roland Berger

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our Partners, we operate 51 offices in all major markets. Our 3000 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com

For more information contact:
Faisal Zaidi
Crypto Oasis
faisal@cryptooasis.ae
+971552000840

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Transformational Chief Executive of the United Nations Joint Staff Pension Fund joins Blockchain Conference

Washington, D.C., May 4, 2023 – (ACN Newswire) – The Government Blockchain Association (GBA) is pleased to announce that Ms. Rosemarie McClean, Chief Executive of the Pension Administration and Assistant Secretary-General of the United Nations, will participate at the upcoming conference, The Future of Money, Governance, and the Law, on May 24-25, 2023, in Washington, DC.

Ms. McClean is a seasoned leader in her field, overseeing operations in pensions administration, client services, IT, project management, and process improvement at the United Nations Joint Staff Pension Fund (UNJSPF). She is the Executive Sponsor of a live blockchain solution for 80,000 retirees across 195 countries, a major milestone in eliminating delays and potential errors. Ms. McClean will share her insights on how blockchain technology transformed the delivery of financial services to UN retirees globally.

The conference will also feature government executives from international, national, and local governing bodies, as well as leading private sector companies like Circle and Ciphertrace, a Mastercard company (NYSE: MA). The speakers will address the current legal and regulatory landscape for cryptocurrencies, CBDCs, and other digital assets.

This conference is a once-in-a-lifetime opportunity to learn from and network with government executives from around the world who are leading blockchain and other digital transformational initiatives. Participants will have the chance to expand their professional networks and take their understanding of blockchain technology to new heights.

About the Government Blockchain Association (GBA)

The GBA is a global, non-profit business community with public-sector members in over 500 government offices worldwide (https://gbaglobal.org/about/about-gov-members/), and private-sector professionals in over 50 working groups (https://gbaglobal.org/working-groups/). Public/private sector members work together to use blockchain and related technologies to solve public sector challenges. For more information about the GBA visit www.GBAglobal.org.

For more information about the conference go to https://www.gbaglobal.org/FoMGL

Inquiries:
Contact: Bob Miko
Phone: +1-203-378-2803
Email: b.miko@pacificdialogue.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Dubai Fintech Summit Welcomes Crypto Oasis as Web3 Ecosystem Partner

DUBAI, UAE, May 4, 2023 – (ACN Newswire) – Dubai Fintech Summit is proud to announce its partnership with Crypto Oasis as the official Web3 Ecosystem partner for the upcoming summit, which will take place on 8th and 9th May 2023.

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,650+ organisations identified in the UAE alone with more than 8,300+ individuals working in the space.

As the official Web3 Ecosystem partner, Crypto Oasis will play a vital role in shaping the discussion around emerging technologies and their impact on the fintech industry. Attendees can expect to learn from some of the brightest minds in the industry and gain insights into the latest trends and developments.

Through this partnership, Crypto Oasis will have a significant presence at Dubai Fintech Summit. Attendees can expect to see Crypto Oasis representatives participating in various panel discussions throughout the event. In addition, Crypto Oasis will be be launching the second edition of their UAE Crypto Oasis Ecosystem Report which is the first report of its kind for the UAE blockchain space, providing unique insights into the fastest growing blockchain ecosystem in the world.

"Initiatives like the Dubai Fintech week underline Dubai's aspiration to be the fintech capital of the world. Fintech is an important cornerstone of every WEB3 ecosystem, like the Crypto Oasis," said Ralf Glabischnig, Founder, Crypto Oasis. "We have now developed two of the worlds leading ecosystems in WEB3, Switzerland and UAE and strong partners like DIFC are important partners to scale them!"

Dubai Fintech Summit is one of the premier events in the fintech industry, bringing together leaders from around the world to discuss the latest trends and developments. With a focus on innovation and emerging technologies, Dubai Fintech Summit is the perfect platform to showcase the latest advancements in Web3 Ecosystems.

The Dubai FinTech Summit will take place at Madinat Jumeirah in Dubai. Visitors can now purchase tickets (bit.ly/42GUeav) for the Dubai FinTech Summit, with special prices available till 30th April 2023. For more information about Dubai Fintech Summit or to register for the event, please visit the official website at www.dubaifintechsummit.ae

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world's most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region's largest financial ecosystem of over 36,000 professionals working across over 4,300 active registered companies — making up the largest and most diverse pool of industry talent in the region.

The Centre's vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region's most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups.

Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai's most sought-after business and lifestyle destinations. 

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC. 

About Crypto Oasis

The Crypto Oasis is a MENA focused Blockchain Ecosystem headquartered in Dubai, UAE. The core elements needed for its growth are Talent, Capital, and Infrastructure. The Ecosystems stakeholders include Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers and Government Entities & Associations. Crypto Oasis' vision is to be one of the leading Blockchain Ecosystems in the world. Today it is the fastest growing Blockchain Ecosystem in the world, with more than 1,800+ organisations identified in the UAE alone with more than 10,000+ individuals working in the space. www.cryptooasis.ae

About Trescon

Trescon is the world's fastest-growing business-to-business events, training, marketing and consulting company primarily focused on the adoption of sustainability, inclusive leadership and emerging technologies like artificial intelligence, blockchain, metaverse, cloud, fintech, data analytics and cyber security.

Our summits, conferences, and expos create real economic impact by connecting and empowering the key ecosystem of government organizations, regulators, policymakers, private sector companies, solution providers, startups, investors, accelerators, advisors, consultants, associations, academia and more.

Thought leadership, knowledge exchange, brand positioning, business expansion, market penetration, lead generation, finding solutions & services, capital raising, capacity building, training and networking are among the key objectives of our stakeholders.

With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately.
Whether you are an organization or an individual, Trescon has something to offer you.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com
For further information : please visit – Trescon (www.tresconglobal.com)

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

GMEX Group launches ZERO13 digital carbon credits aggregation ecosystem

Partners with Verdana Eco-Consortium, Alléo Energy and Pay DIRT

LONDON, May 4, 2023 – (ACN Newswire) – GMEX Group Limited (“GMEX”), a leader in digital business and technology solutions for capital, commodities and sustainability markets, announces the launch of ZERO13, a climate fintech.

ZERO13 provides an automated AI and multi-blockchain driven aggregation ecosystem delivering trusted supply, digital issuance, trading, clearing and settlement for a broad range of carbon credits and related ESG real-world assets. ZERO13 digitally interconnects multiple stakeholders, including registries, banks, custodians, asset managers, corporates, buyers and sellers, markets, exchanges, climate tech and fintech firms to help achieve Net Zero.

The Verdana Eco-Consortium is partnering with ZERO13 to provide collective safeguards to address double counting by integrating its dMRV (digital measurement, reporting, verification), registry infrastructure, and connecting to standards bodies for carbon credits, with data sharing into the World Bank sponsored Carbon Action Data Trust (CAD Trust) to provide transparency. Alléo Energy and Pay DIRT are bringing fuel replacement and nature-based carbon credits into ZERO13, giving them the end-to-end digital provenance to address green washing, as well as enhanced distribution.

The Taskforce on Scaling Voluntary Carbon Markets (TSVCM) estimates that demand for carbon credits could increase by a factor of 15+ by 2030 and up to 100 by 2050. Recent independent research shows that the global carbon credit market traded value was US$978.56 billion in 2022. The market is expected to reach US$2.68 trillion by 2028, at a CAGR of 18.23% during 2023-2028. Carbon credits are a high priority for corporations and institutions yet are beset by problems, impacting:

Trust: fraudulent carbon credits, double counting and green washing
Efficiency: lack of price transparency, vertical silos and market fragmentation
Distribution: lack of digital registry enablement and too many intermediaries

At this time there is no cohesive global carbon ecosystem, as the market is fragmented with multiple silos. Registries have manual supply and are mostly isolated, as are carbon exchanges and over the counter trading, and there is very little peer-to-peer connectivity within the market. This missing link prevents market growth and development.

Hirander Misra, CEO of ZERO13 and GMEX Group commented, “ZERO13 provides a desperately needed, interconnected global carbon ecosystem for all types of participants, in a regulatory compliant manner, to more efficiently match supply with demand.” He added, “It’s a privilege to collaborate with Verdana’s Eco-Consortium to digitally address the end-to-end issues in voluntary carbon markets and to unlock carbon credits supply from partners such as Pay DIRT and Alléo Energy, bringing trust by demonstrating full digital provenance.”

Asad Sultan, CEO of Verdana and Co-Founder of Eco-Consortium, commented “To ensure greater credibility with institutional and corporate market participants, the supply of all types of carbon credits should be transparently verifiable and then securely tradeable in regulated markets.” He added, “Our partnership with ZERO13 aims to make carbon credits and related ESG markets more trusted and efficient using a digitally integrated approach.”

Bob Waun, Principle of Pay DIRT, LLC commented, “Proven advances in economics and efficacy of biochar in reducing water need and fertilizer inputs will increase ROI on crop land investment.” He added, “By utilizing these methods and harnessing the technological capabilities of our partner ZERO13 to generate and distribute a trusted supply of digital biochar carbon credits, we will both benefit our business and have a positive impact on the environment, food nutritional value and economy of American farm communities.”

Tim Adkins, Managing Partner of Alléo Energy, LLC commented, “We are excited to announce our partnership with ZERO13, which is a game changer from a sustainability perspective, as we are able to generate carbon credits from our production of a truly sustainable fuel product at, or below, the cost of a comparable fossil fuel, and optimise their distribution into the market digitally.” He added, “This and our production and supply of biochar and its application to the agricultural land banks of Pay DIRT, LLC optimizes the generation of carbon credits, with provenance that buyers can trust to avoid green washing.”

About GMEX Group Limited

GMEX Group (GMEX) offers sustainable digital solutions for the new age of global markets. The firm is a leading global provider of multi-asset exchange trading and post-trade software/software as-a-Service (SaaS) market infrastructure solutions and ‘network of networks’ digital platform services. GMEX addresses end-to-end regulatory and contract environment needs for issuance, trading, clearing and settlement across exchanges and across multiple asset classes including traditional, digital and hybrid assets, as well as digital carbon credits and ESG real-world assets.

It is the ‘Winner of:

‘Best Development in Fintech of the Year’ – 2022
‘Best Global Hybrid Finance FinTech Company’ – 2022
‘Best Solution for Trading Digital Assets’ – 2023
‘Most Influential Financial Technology Firms of 2023′ – 2023

For further information on GMEX, please visit https://www.gmex-group.com/.

About ZERO13

ZERO13, a venture by GMEX, is an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub ecosystem. The ZERO13 Hub provides a Platform-as-a-service, which offers a distributed point of entry for digital issuance, trading and settlement of carbon credits and real-world assets such as ESG securities. ZERO13 Hub connects multiple international carbon exchanges, registries, custodians and ESG project owners globally for supply verification, transparent pricing and real-time settlement using APIs and across blockchains enabled by ZERO13 Chain (‘Pyctor’).

For further information on ZERO13, please visit https://www.zero13.net/.

About Verdana

The Verdana Platform is a cloud-native SaaS system, with a dMRV engine that sits as a node on Blockchain to extend the Blockchain’s immutability to remote emission reduction projects. The platform is operational and currently used to gather power consumption and carbon footprint data from dispersed commercial facilities across AsiaPac. It is scalable, secure, built on open-source modules, and accessible to authorized parties over their smart devices. While the carbon footprint management business is expected to grow to $12B by 2025, Verdana’s Blockchained SaaS Platform is uniquely different from others by providing immutable, end-to-end automation that restores credibility to the carbon trade.

For further information on Verdana, please visit https://www.verdana.io/.

About Verdana Eco-Consortium

Eco-Consortium is Verdana’s majority owned subsidiary that integrates Verdana’s Measurement, Reporting, Verification (dMRV) engine with the equity partner Eco-Registry’s GHG Accounting Blockchain to provide digital infrastructure for national and voluntary sector registries, to support sovereign commitments in reducing Green House Gas (GHG) emissions. Eco-Consortium currently hosts the carbon standards registry, CerCarbono. Additionally Eco-Consortium connects to the World Bank sponsored Carbon Action Data Trust (CAD Trust) that provides a metadata layer to connected entities. This helps Eco-Consortium tag carbon credits as compliant with Article 6.2 of the Paris Rule Book, i.e., prevent double counting of lowered GHG emissions.

About Pay DIRT, LLC

Pay DIRT, LLC (“Pay DIRT”), is a private company focused on high impact investing in agricultural land. It partners with local farmers and organizations to keep the positive economic impacts of their investments in these American communities by focusing on building up the soil health, first, instead of the traditional seasonal crop yield thesis of farmland valuation. The USDA states that “adding biochar to soil has been shown to reduce water use by up to 40% while increasing crop yields.” Facts support Pay DIRT’s initiative to purchase tens of thousands of acres of near-degraded US farmland to implement innovative soil health improvement strategies.

For further information on Pay DIRT, please visit https://www.dirtinvest.com/

About Alléo Energy, LLC

Alléo Energy, LLC (“Alléo Energy”) is a renewable energy and renewable commodities company with a mission to revolutionize the renewable liquid fuel industry by converting wood-waste into 100% renewable high value commodities. This state-of-the-art process turns locally sourced excess cellulosic waste (e.g., wood chips, etc.) into energy resources and high value commodities that can be refined into multiple energy products as well as natural (and carbon negative) soil, and crop yield ameliorants.

For further information on Alléo Energy, please visit https://www.alleoenergy.com/

MEDIA CONTACTS:
ZERO13 and GMEX Group
Melanie Budden
The Realization Group
Tel: +44 (0)7974 937 970
Melanie.budden@therealizationgroup.com
pr@gmex-group.com

PreIPO.com Unveils Cutting-Edge Fintech Tools at Pro Panama’s Inaugural Sustainable Investment Summit

Panama City, Republic of Panama, May 2, 2023 – (ACN Newswire) – Leading global fintech brand PreIPO has successfully participated in the First Sustainable Investment Forum of Panama, organized by PROPANAMA and held earlier this month at the Panama Convention Center in Amador, which is the biggest convention center in Central America. The disruptive private equity platform joined the event to demonstrate its innovative approach to optimizing distribution, maximizing liquidity, and democratizing the capital formation process for issuers, intermediaries, and investors.

"We are excited to explore the investment opportunities in Panama's thriving economy and contribute to its sustainable development through our innovative fintech solutions," said Harold Alvarez, Chief Syndicate Officer PreIPO.com.

The Panama Sustainable Investment Forum is a prestigious event that brings together international investors and businesses interested in exploring the sustainable investment opportunities offered by Panama's dynamic and growing economy. The event highlights Panama's unique advantages, including incomparable connectivity, a safe environment, and the benefits of various special regimes for foreign investment. Participants are introduced to the competitive, business-friendly, and transparent tax, labor, and migration legal tools available in the country.

PreIPO showcased its cutting-edge fintech solutions at the forum, highlighting the transformative potential of its platform for sustainable investments in Panama. By offering an accessible and efficient capital formation process, PreIPO aims to support the growth of sustainable businesses and contribute to the long-term economic development of the country.

"Participating in PROPANAMA's Sustainable Investment Forum has been a remarkable experience for PreIPO," said Harold Alvarez, Chief Syndication Officer at PreIPO. "We are excited to explore the investment opportunities in Panama's thriving economy and contribute to its sustainable development through our innovative fintech solutions." PreIPO.com's presence at the Panama Sustainable Investment Forum reinforces its commitment to promoting sustainable investments and fostering economic growth in emerging markets. The company's platform aims to empower businesses and investors worldwide, driving positive social and environmental impacts through smart and responsible investments.

About PreIPO.com

The event took place on the cusp of PreIPO launching its $128M Series A Round to scale globally in a rapid manner. Currently, PreIPO.com currently features over $1B in deal flow Available in the Deal Room (www.preipo.com/deal-room-preipo). PreIPO is an innovative global fintech brand that has revolutionized the private equity industry with its disruptive platform. The company's unique approach optimizes distribution, maximizes liquidity, and democratizes the capital formation process for issuers, intermediaries, and investors. PreIPO is dedicated to empowering businesses and investors with efficient, transparent, and accessible solutions that drive sustainable growth and create lasting value.

To Learn More about how you can participate in the PreIPO Ecosystem, please visit www.preipo.com or contact info@preipo.com.

Harold Alvarez
PreIPO
+1 888-863-1582
info@preipo.com

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

PreIPO Chosen to raise $250M for SPiCE Fund II, shortly after SPiCE Fund I named leading VC fund of 2022 in Blockchain Ecosystem

BOCA RATON, Fla., Apr 28, 2023 – (ACN Newswire) – PreIPO, a leading provider of innovative financial technology solutions, is pleased to announce a new partnership with SPiCE VC. This partnership will enable PreIPO to further expand its offerings and bring cutting-edge financial technology to a broader market. SPiCE Fund I has yielded a market leading 50.7% IRR and we are pleased to announce the offering of SPiCE Fund II. SPiCE VC has been deemed the best Venture Capital Fund of 2022 in the blockchain and tokenization ecosystem.

Through this partnership, SPiCE Fund II will be featured on the PreIPO Platform, with a robust data room including key due diligence documents and marketing materials. Marking the first of many funds to be fully available for investment within the PreIPO ecosystem. This also includes access to PreIPO's network of industry experts, investors, and potential partners, as well as its experience in helping companies scale and succeed.

"We are thrilled to be partnering with PreIPO," said Rene Eichenberger, Partner of SPiCE VC. "Their expertise and support will be invaluable as we continue to develop and bring our innovative funds to the market."

PreIPO is a leader in the Pre-IPO market of the fintech industry, offering a range of products and services designed to improve capital formation processes and make them more efficient and accessible. This includes solutions for subscription documents, SPVs, data room consolidation, and much more. Check out our website and platform here (www.preipo.com).

"PreIPO has a strong team delivering innovative financial technology solutions," said Rob Roy Roedel, Partner at SPiCE VC. "We are excited to be partnering with them and supporting their growth as they continue to drive the fintech industry forward."

This partnership represents a significant step forward for PreIPO and will help the company continue to push the boundaries of what is possible in the world of financial technology. We look forward to the exciting developments and growth that this partnership will bring.

If you would like to find out more information about investing in SPiCE Fund II via PreIPO's proprietary platform visit the data room now (https://docsend.com/view/s/uxw5gii6k4pgrqs5) or please feel free to reach out to invest@preipo.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CoinFlip’s New Crypto Platform ‘Olliv’ Aims to Make Cryptocurrency a Simple Part of Everyday Life

CHICAGO, IL, Apr 28, 2023 – (ACN Newswire) – CoinFlip, a leading fintech company powered by cryptocurrency, announces today a new chapter of growth and product evolution with the launch of 'Olliv,' a safe, inclusive, self-custody-powered crypto platform delivering financial services in the digital economy accessible to everyone. Olliv is breaking down the exclusivity barrier of cryptocurrency and offering a space that welcomes the next generation of investors to the digital economy while serving as an onramp for the future of blockchain utility and tokenized assets. The Olliv platform provides a frictionless way for consumers to buy, sell, send, receive, and swap assets securely stored on a self-custodial wallet, removing the uncertainty of unknown third-party custodians. Leveraging CoinFlip's existing network of crypto ATMs and award-winning customer service, Olliv serves to bridge the gap between physical and digital investing, expanding accessibility to this emerging technology.

Olliv recognizes the future of crypto isn't about who's already in it, it's about onboarding new users and propelling mass adoption. Education, simplicity, and ease of use are at the core of Olliv's ethos, as the platform looks to offer guidance and insights that make it easier to achieve financial freedom. Packaged in user-friendly software, Olliv enables 'Olliv Us' to participate in the digital economy in a way that makes customers feel safe, supported, and in control.

"With the launch of Olliv, our goal is to demystify cryptocurrency and create an inviting community for everyone. We aim to welcome customers with open arms into this next step toward financial revolution, regardless of their financial knowledge or background," said Ben Weiss, CEO and co-founder of CoinFlip. "We''e always looking for ways to invest in our customers that will contribute to the future of DeFi. We are confident our self-custodial model, a key value of CoinFlip's business since inception, will pave the path for a significant and much-needed shift in the industry. We look forward to continued growth and innovation in the coming year as we get one step closer to on-ramping the next generation of crypto investors."

Amongst its suite of services, Olliv features an intuitive interface for secure transactions and state-of-the-art encryption. Olliv also offers CoinFlip's award-winning 24/7 live customer service and provides educational resources via user-friendly content. The platform's commitment to transparency ensures users have visibility to all applicable fees, which are amongst the lowest in the industry, while trusted payment integrations enable secure and seamless payments.

"We envision a future where everyone can participate in the digital economy and utilize their holdings to make everyday purchases and gain access to previously hard-to-buy assets such as precious metals, real estate, and energy, without the need for frustrating third-party intermediaries," said Rory Herriman, Chief Technology, Digital, and Strategy Officer of CoinFlip. "Our vision for Olliv is to innovate and break down barriers around safety, security, and sovereignty, to empower people to invest and give them individual ownership of their assets thanks to the accessibility cryptocurrency provides."

Olliv is creating a unique space for people to join the crypto ecosystem at a pivotal point where technology and use cases for digital currency are rapidly evolving. The company will continue to grow its offerings and add additional features to support a user throughout their financial lifecycle. With a commitment to providing services that disrupt the traditional finance system, Olliv is poised to become a leader in the fintech space, providing essential services for all users, regardless of level of experience.

Amid challenging market conditions, CoinFlip remained a trusted resource for customers showcasing dedication to industry compliance and transparency. In doing so, the company demonstrated impressive growth, nearly doubling its headcount and expanding its ATM presence to Puerto Rico, Canada, and Australia. The company's 2022 revenue exceeded $100 million and its team is projected to grow by 23% by the end of 2023. CoinFlip's exceptional growth has been recognized by Crain's Chicago Business, which named it the No. 1 fastest-growing company in Chicago for two consecutive years and by Inc. 5000, where it has ranked within the top 100 in 2021 and 2022. With the launch of Olliv, CoinFlip solidifies its position as a leader in the financial revolution fueled by cryptocurrency and blockchain technology.

Starting today, Olliv is offered in the United States and Puerto Rico, except for Alaska, Iowa, New York, Oregon, Nevada, Arkansas, Louisiana, and Vermont with intentions to expand in accordance with local regulation. To learn more about Olliv and to sign up, please visit Olliv.com.

About Olliv by CoinFlip

Olliv is a next-generation financial services platform powered by cryptocurrency that offers consumers a safe, inclusive, and supportive on-ramp to financial freedom. The omnichannel offering includes the Olliv digital platform and the CoinFlip network of cryptocurrency ATMs. With more than 4,000 machines in 49 U.S. states, Puerto Rico, Canada, and Australia, Olliv leverages CoinFlip's network of cryptocurrency kiosks to bridge the gap between physical and digital currency and introduce crypto to the masses. Olliv was founded as CoinFlip in 2015 and is headquartered in Chicago. To learn more, visit Olliv.com.

Contact:
Bryan Feinberg
zephyr@platodata.io.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Lumerin Launches Public Testnet for Decentralized Bitcoin Mining Hashpower Marketplace

CHICAGO, IL, Apr 27, 2023 – (ACN Newswire) – Lumerin, a new Web3 datastream routing protocol, today launched the public testnet for the Lumerin Hashpower Marketplace (https://lumerin.io/marketplace/), a first-of-its-kind decentralized application for the buying and selling of Bitcoin mining capacity. This initial beta demonstrates the early capabilities of the marketplace, which will enable both miners and non-miners alike to participate in Bitcoin mining via smart contracts on the Ethereum network.

Ryan Condron, co-founder of Lumerin

The primary objective of the launch's initial testing phase is to improve the Marketplace and identify potential enhancements in user experience. Marketplace testers, who will have the opportunity to earn bitcoin for their efforts, are encouraged to exercise caution should they participate in this public beta.

Marketplace to Broaden Access to Mining While Helping Professionals Manage Capacity Lumerin Hashpower Marketplace will provide miners with additional flexibility and control over their operations, while unlocking greater liquidity and access to Bitcoin mining capacity across the globe.

Within the marketplace, miners will be able to create contracts to buy hashpower like any other asset, setting the price, speed, and duration of the contract as required. This unlocks much-needed opportunities for efficient capacity planning and risk-management strategies.

At the same time, participants will not need to own mining equipment to participate — they will be able to buy hashpower contracts just like the professional miners.

Details on the Testnet Launch

This will be a phased launch in order to ensure the integrity and security of the marketplace's hashpower contracts.

Particularly at this early stage, testers are strongly encouraged to read the instructions (https://lumerin.gitbook.io/lumerin-hashpower-marketplace/) for the Lumerin Wallet and Hashpower Marketplace. These instructions not only cover Wallet installation but network configuration as well. In the initial phase, users will only be able to purchase hashpower through the marketplace and connect to their mining pool account.

Beta testers who are registered on the Lumerin Explorer Program–you can still sign up using this link (https://lumerin.io/explorer-program)–are now able to access the Marketplace and purchase hashpower using Ethereum Sepolia Testnet LMR tokens (sLMR). We migrated to Sepolia because there are increasing concerns with the stability of the Goerli testnet which is being deprecated later this year. These are obtained for free via the Lumerin "faucet," an automated distribution mechanism that sends the tokens to the users upon request.

During the testnet phase starting today, all marketplace users can exchange Lumerin testnet tokens to purchase real Bitcoin mining hashpower provided by the Lumerin team. Then, they can point that hashpower to a mining pool account, earning Bitcoin just as they would if they were directing their own hardware's hashpower to that pool.

Looking forward to mainnet release, Lumerin will onboard strategic mining partners to provide hashrate contracts on the platform.

"Conversations about the centralization of Bitcoin mining power have too long obscured the need to distribute control of that mining power through market forces," said Ryan Condron, co-founder of Lumerin. "With the testnet launch, the Lumerin Hashpower Marketplace will offer a glimpse into what a future of liquid, globally distributed control of Bitcoin mining could look like."

"Lumerin has had a remarkable journey — from a novel idea for solving the centralization issues in Bitcoin mining to today's real-world testnet deployment," said Matthew Roszak, co-founder and chairman of Lumerin partner Bloq. "Lumerin shifts the discussion of Bitcoin hashpower from one of mere geography to one of control and ownership across borders, further fulfilling the promise of a 24/7/365 future of finance."

About Lumerin

Lumerin is a decentralized Web3 data stream routing protocol that enables users to own, transfer, and exchange data through blockchain networks using smart contracts.
The Lumerin Hashpower Marketplace aims to be the first dApp leveraging this technology to make Bitcoin hashrate a liquid financial asset, allowing for peer-to-peer, decentralized hashrate trading across the globe.

Website: https://lumerin.io/
Twitter: https://twitter.com/hellolumerin
Medium: https://medium.com/lumerin-blog
Telegram: https://t.me/LumerinOfficial

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

International Government Leaders Talk Crypto & Digital Assets in Washington

Washington, D.C., Apr 26, 2023 – (ACN Newswire) – The Government Blockchain Association (GBA) is set to host an event that will bring together government leaders to discuss the radical changes in money, cryptocurrency, banks, and central bank digital currencies (CBDCs). The conference, titled "The Future of Money, Governance, and the Law," (www.gbaglobal.org/FoMGL) will include law makers, regulators, innovators, and business leaders who are shaping the financial system.

"The Future of Money, Governance, and the Law will bring together government leaders during this decisive time to examine changes in money and the laws governing it. We are very excited to host this conference which will provide a platform for experts to share their insights and ideas on this critical topic," said Gerard Dache' Executive Director, GBA.

The event will be held on May 24-25, 2023, in Washington DC, and will include keynote addresses and panel discussions on various topics, such as the battle between traditional versus decentralized finance, the balance between customer protection and privacy, and practical advice on cryptocurrency accounting, taxes, and reporting.

Featuring an impressive list of speakers, The Future of Money, Governance, and the Law will present perspectives from international NGOs, national organizations, state and local governments, academic institutions, and commercial entities. Confirmed speakers include representatives from the United Nations, European Parliament, Central Banks, US Dept of Treasury, Cornell University, Circle, Ciphertrace, a Mastercard company (NYSE: MA), and many more.

The conference is open to everyone, including those curious about cryptocurrency and its implications on the future of money. Attendees will have the opportunity to hear from the industry's top minds, network with fellow professionals, and gain practical insights into the latest trends and developments in the world of cryptocurrency.

For more information about the conference go to www.gbaglobal.org/FoMGL.

About Government Blockchain Association (GBA)

Government Blockchain Association (www.gbaglobal.org) is a non-profit organization that supports the use of blockchain technology in government with a mission to connect, communicate, and collaborate, with government leaders and stakeholders to use blockchain technology to improve public services.

For media inquiries & sponsorship opportunities contact Bob Miko at 203-378-2803 or bmiko@pacificdialogue.com.

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Blockpass heralds Consensus 2023 with the most affordable, built-for-crypto ZK KYC

HONG KONG, Apr 25, 2023 – (ACN Newswire) – Blockpass is excited to reveal that it is sponsoring and attending the Consensus event in Austin, Texas this week, from the 26th to the 28th of April. One of Blockpass' founders, Hans Lombardo, will be available to meet prospective customers and investors as well as press representatives at the event. In addition, Blockpass is offering a temporary discount on its services, with its subscription plans at 50% off their monthly minimum and accompanied by a free 7-day trial. To claim this discount, customers need to register via https://www.blockpass.org/eventform/ by the expiration date of June 1st, 2023!

Since 2015, Consensus has been a major feature in the blockchain and crypto calendar, with vast swathes of the community gathering to collaborate, discuss and create all manner of Web3 ideas and solutions. Organized by CoinDesk, the event provides an amazing opportunity for those involved by hosting a platform for blockchain and crypto businesses and revolutionary thinkers to meet with the community through talks and panels. This year, the event will also feature private workshops for interested parties to meet and work on key crypto challenges which CoinDesk will publish afterwards in a report.

Since the collapse of FTX and similar disasters faced by other crypto platforms, the regulation hammer is coming down hard on the crypto ecosystem. There is a fundamental lack of compliance opportunities for blockchain solutions and DeFi platforms leading to fraud and other illicit activity, which hurts the space both directly and through its perception by others. One of the first waves of measures being seen is the implementation of the Crypto Travel Rule regulations to enforce KYC and AML standards on crypto.

Blockpass is a digital identity verification provider with a bank-grade KYC/AML SaaS which enables Crypto and Web3 businesses to meet regulatory requirements and ensure the uniqueness of their users. With compliant solutions controlled by the users, it's not hard to see why the decentralized identity system which enables onboarding to all of the crypto-space (including DeFi and NFTs) has nearly a thousand verified business profiles (KYB), around one million verified user profiles (KYC), nearly a thousand business customers, and profile resharing of more than 25%.

With a multitude of crypto wallets supported, customers of Blockpass can access our zero-knowledge service with On-Chain KYC(R), crypto-address ownership checks, Unhosted Wallet KYC(TM) and a compliant DeFi identity layer with Know-Your-Human liveness and zero-knowledge sharing of identity aspects. All these benefits go some way to explaining why Blockpass has been chosen as the exclusive KYC provider of companies and platforms such as Gamee.com, National Geographic, Delta Exchange, Animoca Brands, Yugalabs, Chromaway, Next Earth, Enjinstarter, Boson Protocol, Polkadex, Meta Soccer, Crazy Defense Heroes, Revv Racing, Pangolin, Kyber Network, Axia Capital Bank, Defied Bank, Seedify, Silk Legal, and many others.

"I'm very excited to have the chance to meet so many fellow crypto enthusiasts and revolutionary blockchain thinkers when we converge on Consensus," said Hans Lombardo, Blockpass President/Co-Founder. "It's been a busy year for us at Blockpass but we're eager to bring affordable, watertight regulatory compliance to the entire industry as regulators around the world ensure this incredible space is safe for all legitimate entities to enjoy."

Blockpass continues to develop its digital identity protocol with updates and additions to improve the compliance experience and meet regulatory compliance globally. The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass' On-Chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Unhosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer.

About Blockpass

Blockpass is a leader in Web3 regulatory compliance solutions, providing a diversified range of services to bring trust and security to the identification process in Web3. These services include KYC & AML for all of Web3 (DeFi, NFTs, exchanges & blockchains), Travel Rule provision for regulated VASPs, and blockchain forensics. With a decentralized network of around one million crypto enthusiasts and one thousand business customers, Blockpass offers the fastest and most affordable KYC & AML screening in the Crypto sector. Additionally, Blockpass is the first provider of a "Crypto Travel Rule" solution for unhosted wallets, which certifies the ownership and control of non-custodial wallets.

Demonstrating its commitment to data security and operational efficiency, Blockpass in March 2023 achieved the rigorous ISO 27001 certification from the British Assessment Bureau, the most coveted informational management security system in the world. In addition, Blockpass also attained the highest level of the UK Government's Cyber Essentials program in 2022 and was invited to participate in Cohort 7 of the UK Financial Conduct Authority's sandbox in 2021. Blockpass also introduced its On-Chain KYC(R) solution in the same year, a pioneering on-chain KYC solution that enables customers to conduct zero-knowledge verification of users and adhere to compliance standards without seeing the underlying data. Animoca Brands and Yuga Labs utilized this solution in early 2022 to onboard over 150,000 users in the $320 million Otherside NFT sale – the largest in Crypto sector history.

For more information and updates, please visit and sign up to the following:
Website: http://www.blockpass.org
Email: sales@blockpass.org

Copyright 2023 ACN Newswire. All rights reserved. http://www.acnnewswire.com