Valarhash Launches New Service Series for its Mining Hosting Operations

CHENGDU, CHINA, Oct 31, 2020 – (ACN Newswire) – Valarhash, a leader in digital asset services, officially launches a new series of cryptocurrency miner hosting services, now enabling customers with remote online access to the operations of their mining machines. Registered users will have many features such as selecting their mining pool, withdrawing options and even re-selling their mining machine on the platform. Customers can purchase machines from Valarhash or other providers and have them shipped to the Valarhash mining farms.

Valarhash is launching the new service series following an earlier announcement launching miner machine hosting plans. With versatility being of the utmost importance, Valarhash adds the new series of features in order to distinguish itself from its counterparts. The Valarhash mining pool charges a handling fee of 2%, and users are free to assign a designated mining pool for their mining machine based on their needs, offering a customizable experience. This ensures a reliable supply of computing power to consumers which can be viewed in real-time via an app or web management system built by the platform.

Kevin Huang, co-founder of Valarhash, said "given that higher BTC prices would result in a rise in the price of a mining machine, we have decided to allow users to opt out of the hosting services and to re-sell their machines and computing power at any time." Valarhash hosts a large mining community and manages 100,000 mining machines in its facilities, with maintenance available 24/7. In order to respond promptly to glitches and other concerns, on-site operations and repairs will be carried out by Valarhash staff as they occur, without the need for customers to pay fees in advance.

Valarhash, with its large scale operations, is able to standardize procedures and regulate mining costs because of its longstanding partnerships with local power stations. Customers can take advantage of the Valarhash hosting service for an annual fee of $0.046 (KW/H), in comparison to the rates provided on other sites where the annual fee is $0.055 (KW/H) and above. This hosting fee is inclusive of both the operating and maintenance costs of the mining machines.

For information about the new services, please visit our official website to get in touch with a representative.

Website: https://www.valarhash.com
Twitter: https://twitter.com/VaIarhash
Facebook: https://www.facebook.com/Valarhash
Linkedin: https://www.linkedin.com/company/vhash/
Medium: https://medium.com/@Valarhash
Telegram: https://t.me/valarhashx1tmine

About Valarhash
Chengdu-based Valarhash integrates mining machine sales, miner hosting, mining pool and mine construction services. Led by CEO Fiona Lv, Valarhash aims to provide users with transparent and beneficial mining plans using advanced technology, with a lower barrier of entry. Business operations cover hardware research and development, digital asset transactions and 1TMine hash power contract sharing. With a leading position in the hash power market, Valarhash integrates frontier resources with global vision, providing crypto compute service (CCS) and linking physical and digital worlds with blockchain technology. Email: BD@vhash.io.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Infinito Wallet and Moonstake enable staking and investment tools for Cardano ADA community

SINGAPORE, Oct 27, 2020 – (ACN Newswire) – Infinito Wallet, the leading multi-crypto wallet today announces a multitude of valuable new features targeted at ADA users. These include support for new Cardano blockchain upgrade, staking and trading features for ADA assets, as well as full wallet compatibility with Daedalus and Yoroi Wallet by allowing users to import 24-word and 15-word passphrase, respectively into Infinito Wallet.

This new app release further cements Infinito Wallet's long-standing position to make crypto easy for mass adoption, still with extensive support for the Cardano community.

Starting from September 2018, through a strong collaboration with IOHK, Infinito Wallet has been one of the first mobile wallets supporting ADA. With the recent arrival of Cardano's Shelley era and the explosive growth of ADA's market value by over 50%, Infinito Wallet continues its steady support for ADA user base. Just last month, Infinito Wallet has engaged in a strategic partnership with Moonstake, builder of Asia's Biggest Staking Network to enhance the staking Ecosystem and Defi projects. Starting today, Infinito Wallet users can easily earn staking rewards from ADA Moonstake pool in a few clicks.

Speaking on the recent Cardano-focus development of the wallet, Infinito's Director, Jack Nguyen, says: "Infinito Wallet is honored to continue providing best-in-class support for users invested in ADA and the fast-growing Cardano blockchain. Our wallet has a long and proud history of serving ADA users and now, in collaboration with Moonstake, we are excited to bring them now the ability to earn staking rewards in the new Shelley era of Cardano. Infinito Wallet hopes to continue being the number-one wallet choice for anyone invested in the Cardano ecosystem, and we will always be sure to bring users all the latest and greatest utilities of ADA."

About Infinito

Infinito Wallet is a secure multi-crypto wallet that helps users easily start investing and earning more with the crypto finance market. It supports over 2,000 top-ranking coins and tokens, and provides a full set of financial tools including Buy – Trade – Earn – Use cryptocurrencies. Infinito Wallet is frequently ranked amongst the best wallets for crypto communities. Learn more about Infinito at https://infinitowallet.io.

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization. https://www.moonstake.io.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Endowus launches Fund Smart for Singapore investors: Build customisable portfolios with direct access to curated institutional best-in-class funds from the world’s leading asset managers

SINGAPORE, Oct 26, 2020 – (ACN Newswire) – Endowus.com, Singapore's leading MAS-licensed digital wealth management platform and the first and only digital advisor for the Central Provident Fund (CPF), has announced the launch of their new investment solution – Fund Smart. Singapore investors can now build investment portfolios from a selection of institutional share-class and trailer-fee free funds curated by the Endowus Investment Office, led by Samuel Rhee, Chairman & Chief Investment Officer at Endowus. This new solution gives investors the ability to customise their fund allocations, analyse the historical and projected performance, as well as look-through the underlying exposure and total costs across the selected funds. It also provides real time advice to investors on the suitability of the portfolio they have created against their financial needs. Similar to existing Endowus investment offerings, Fund Smart has no sales fees, no transaction fees, no lock-ups and 100% trailer fee rebates. Endowus has also built in automated rebalancing and regular savings plans capabilities to improve the client investment experience.

Endowus launched a market survey to better understand Singaporeans' investment preferences and needs prior to designing Fund Smart. The majority of respondents indicated a strong preference for the flexibility to customise their own investment portfolios, with exposure to specific geographies or sectors (74.5%) and lower costs (84%) as key considerations. Endowus Investment Office sought to design a differentiated investment solution to take into consideration Singaporeans' investment needs and also provide quality advice in the form of curated fund selection and model portfolios.

Samuel Rhee, Chairman and Chief Investment Officer at Endowus, said: "Fund Smart's value proposition is clear. People struggle with too many options – a growing array of platforms, and far too many funds to choose from with confusing fee structures. Transparency is important to us as it should be to our clients. We want our clients to experience the same quality of advice we have provided with our core portfolio products, but now with greater flexibility as we introduce a new way of investing through Fund Smart. Stick to our advised and new model portfolios, or make the tweaks you need. It's that simple. And at the same low and aligned fees you can't get elsewhere."

The curated model portfolios include an ultra-defensive fixed income portfolio to prioritise capital preservation to weather volatility in markets and also flexible cash management solutions, as well as thematic and sector-focused portfolios such as ESG (Environment, Social, Governance) or SRI (Socially Responsible Investing) funds, Shariah-compliant funds, and thematic funds.

Funds available on Fund Smart include those managed by Dimensional Fund Advisors, PIMCO, Vanguard, Schroders, First Sentier, Franklin Templeton, Eastspring, Fidelity, PineBridge, Legg Mason, Fullerton, Lion Global, Nikko, and UOB Asset Management.

Endowus' no sales fee and 100% trailer fee rebate policy not only lowers the total cost of investment, but also ensures alignment of interests with the investors. As a fee-only advisory firm, Endowus is not incentivised by product providers paying them hidden sales kickbacks. The average net cost of managing portfolios with Endowus is 65% cheaper than trying to replicate the portfolios on popular platforms and private banks in the market.

Kimberley Stafford, Managing Director and Head of PIMCO Asia Pacific said, "PIMCO has had the pleasure to collaborate with Endowus since their launch. With its unique solution offerings and the launch of the new innovative Fund Smart solution, we believe Endowus, as an industry leading digital wealth management platform, will help broaden PIMCO's outreach to retail investors in Singapore and provide them with the access to our fuller range of global fixed income investment solutions."

Gregory Van, Founding Partner at Endowus, said "Fund Smart provides transparency and flexibility for clients to express their investment views through access to best-in-class funds, all on a secure wealth platform that is home to all their money – Cash, CPF and SRS. We will continue to help clients cut through the clutter, keep fees low and aligned, and improve everyone's investment experience."

Joel Kim, CEO of Dimensional Asia ex-Japan, said "Dimensional is pleased to have worked with Endowus since they started serving Singaporean investors. They are one of the pioneers of fee-based independent advice in Singapore with a strong focus on low cost, transparent and systematic approach to investing. Endowus' launch of the Fund Smart solution is a significant evolution in their advice offering for Singaporeans wishing to invest more of their savings with Dimensional through Endowus."

Safety and Security together with Ease of Use Are Still Important

According to the investor survey conducted, the safety and security of the platform (83.9%) are crucial deciding factors in determining where Singaporeans invest. Through Endowus' partnership with Singapore's largest broker UOB Kay Hian, all client assets and investments are safely held in trust under the client's own name. As with all of the Fintech company's product offerings, Endowus Fund Smart gives users a fully digital, fuss-free onboarding experience using MyInfo within minutes from the comfort of their own homes.

About Endowus

Endowus.com is a MAS-licensed financial technology company and the first-and-only digital investment advisor for the Central Provident Fund (CPF), Supplementary Retirement Scheme (SRS), and cash.

Endowus offers access to superior investment products, personalised advice, and lower costs on a seamless digital investment platform for all investors. Partnered with UOB Kay Hian, Singapore's largest broker, client assets and positions are safely held in the client's own name. For more info, please visit www.endowus.com/

For media queries, please contact:
PRecious Communications for Endowus
E: endowus@preciouscomms.com
T: +65 6303 0567 / +65 9644 2930

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Global brokerage firm Tiger Brokers uncovers Singaporean Gen Zs’ penchant for globally diverse and long-term technology stocks

SINGAPORE, Oct 26, 2020 – (ACN Newswire) – Xiaomi-backed global brokerage firm Tiger Brokers shared insights around the investment behaviour of Generation Z investors (aged between 18 to 24 years old), analysing about 100,000 Generation Z investors who are trading on Tiger Brokers' platform during the span of 2015 to 2020. Gen Z makes up 15% of the company's current 900,000+ customers worldwide; and 30% of Singapore's total customers since the launch of Tiger Trade app in February 2020. The findings for the Singapore sample are in line with the overall findings.

The analysis showed that 45% of Gen Z investors prefers long-term stocks like Apple, Boeing, and Carnival, 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore; 10% are investing in high volatility stocks, such as Afterpay, Kodak, and Vaccinex and 10% in options, based on reports and business forecasts. For Q3 2020, the most traded stocks by Gen Z in Singapore are Tesla, Apple, NIO and MedTech International.

Wu Tianhua, Group CEO of Tiger Brokers, said, "Gen Z investors tend to gear towards creating a globally diverse investment portfolio. Since 2015, we have seen a year-on-year increase of Generation Z investing on the Tiger Trade platform. We will continue to strengthen our technology capabilities to provide the necessary tools to help bolster our investors' trust in the platform."

Tiger Trade's figures show Gen Z investors have a 80:20 split between traditional stocks and real estate versus volatile stocks and options. The average fund deposited in a Gen Z Tiger Brokers trading account was US$3,435, over the last five years.

Fractional Shares for better accessibility to global stocks

Tiger Brokers is currently seeing increasing interest around US fractional shares from its users, which is a relatively popular financial product in the US. The fintech company sees fractional shares as part of its larger efforts to bring a more diverse array of trading options to its investors, especially Generation Z or new investors who would like to start with lower capital. Investors can determine the value that they would like to trade, and Tiger Brokers will help with the purchase. Investors may access US fractional shares via the Tiger Trade platform in the near future.

Tiger Brokers had recently added ASX (Australian Securities Exchange) in September and Singapore Exchange (SGX) in June, addressing Singapore-based investors' increasing appetite towards investing even during the current COVID-19 pandemic: Tiger Brokers had witnessed a surge in account openings at 126% in 3Q2020 as compared to 2Q2020, with investors committing smaller premiums at the beginning of their investment journey.

Eng Thiam Choon, CEO of Tiger Brokers Singapore highlights, "Less is more – At Tiger Brokers, we noticed a demand for investors for smaller investment amounts. With our current US market's median trade size at US$1,200 indicative, some of the US blue chips could be a hefty start, especially for those who are new to trading. For example, one can now purchase part of an Amazon stock for a fraction of the market price which is usually in the range of US$3,160, US$3,400 depending on the market situation. We believe fractional shares investment allows individuals, especially for those who are more conservative with their purchase to have a chance to invest prudently as well as diversifying their investment portfolio."

A business with social impact at heart

Tiger Brokers Singapore will also be sponsoring the Annual Singapore Exchange Bull Charge run as a Bronze sponsor, alongside DBS Bank, PhillipCapital, Frasers Property, F&N Limited and more. The team hopes to help raise funds for five different beneficiaries (Autism Association (Singapore), AWWA Ltd, Fei Yue Community Services, HCSA Community Services and Shared Services for Charities), providing them with care and assistance that help them lead more positive, meaningful and comfortable lives. The run will be conducted virtually, where participants could start their virtual run anywhere between 30 October, 6pm to 13 November, 8pm.

"Tiger Brokers believes in giving back to the community. It is in our culture, values and way of doing business to do what's right for the community. We give serious consideration to the impact our business activities may have, not only on our partners and investors, but also the local communities. We know that many people or communities have been impacted by the pandemic and we encourage others to join us in the participation of different charitable activities of their choice. As a fintech company, we hope to raise awareness, especially this year where many will need the additional support to sail through," added Thiam Choon.

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contract (CBBC) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the Singapore, U.S., Hong Kong and Australia stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Stock Exchange (SGX) and Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 833,900 customers worldwide currently, with a total trading volume of US$46.8 billion in Q2 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com / media@tigerbrokers.com.sg

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

CyberVein’s CROSS NFT Issuance Platform Goes Live

SHANGHAI, Oct 26, 2020 – (ACN Newswire) – CyberVein, the next generation big data and analytics company, announced another major technological breakthrough during its Third Anniversary and a Re-branding Conference in Shanghai today. The technology company has piloted the first-of-a-kind decentralized non-fungible token (NFT) issuance platform, entitled CROSS.

With Data Analytics and Valuation Engine (DAVE), which enables data-driven and technology companies to utilize their resources more efficiently, the CyberVein team unveiled CROSS' NFT auction functionality during the Renaissance Conference – a celebration of CyberVein's three-year-long journey of technological achievements.

"During the last three years, CyberVein has continued to develop new technologies, built and tested new solutions, and created a whole ecosystem with our partners," stated Jerry Ning, CyberVein's China Operations Director, who's covering the company's activities. He continued: "We are also ever-grateful for our international communities' support, who stood by us since 2017."

CyberVein's Cutting-Edge Technology

The unveiling of CROSS – the world's first big data-backed NFT issuance platform will garner support from DAVE's ecosystem, as more partner companies and foundations are set to join the alliance in the coming months. CROSS' unique value proposition lies within its decentralized NFT issuance and trading capabilities. The platform sports a full-category financial derivatives option, combining the best of both, Centralized Finance and Decentralized Finance (CeFi+DeFi) worlds. As such, CyberVein's CROSS platform's main objective is to make data more valuable.

In turn, DAVE Alliance sets to integrate blockchain companies, which work with other adjacent technologies, like big data, Internet-of-Things (IoT), Artificial Intelligence (AI), 5G, and cloud computing, in a bid to create efficiencies. CyberVein will combine the two initiatives by creating a pool of resources with the DAVE engine while underwriting transactions through the CROSS platform's NFT issuance.

"While DAVE combines our existing technologies – directed acyclic graph (DAG), cloud Computing Power GPU, Federated Learning, and PISR Database, yet we are also keen to collaborate with other technology companies," stated Jack Ge, CyberVein's Global Ambassador. Ge said: "We look forward to achieving even greater things at scale in 2021. Together with our partners, we can make data truly valuable."

About CyberVein
CyberVein was founded in Singapore CV Technology Foundation in 2017. It is focusing on the enterprise-level blockchain and big-data customized services. CyberVein is building a new smart city based on ubiquitous connection, digital platform, and omnipresent intelligence to promote the integrated linkage effect of learning, research, finance, industry, and politics. For more information, please visit:

CyberVein: https://www.cybervein.org
Facebook: https://www.facebook.com/cyberveinteam
Twitter: https://twitter.com/cyberveingroup
LinkedIn: https://www.linkedin.com/company/13692190/
Telegram: https://t.me/CyberVeinCommunity
Medium: https://medium.com/cybervein
Reddit: https://www.reddit.com/r/CyberVeinOfficial/
Youtube: https://www.youtube.com/channel/UCpIgOnNTu4FPFsa9LBdQjCw

Media Contact
Rachel
rachelyu@cybervein.org

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BitDeer.com Unveils Brand New Cloud Hosting Services

SINGAPORE, Oct 26, 2020 – (ACN Newswire) – BitDeer.com, the leader in the computing power sharing industry, collaborates with mining giant and strategic partner Bitmain to unveil a new service line featuring innovative cryptocurrency miner hosting solutions. Customers around the globe now have the capability of purchasing compliant mining machines, while having them custodied and maintained through the BitDeer.com server hosting platform.

BitDeer.com has strived to provide a "one-stop service" computing power-sharing solution for the crypto mining industry, and the expansion of hosting services has provided additional flexibility to the mining community. Cryptocurrency mining has changed from home operation to massive data centers and individual miners have found it impossible to mine independently due to the increased hashrate difficulty, prohibitive costs of maintenance and capital investment required to operate. Partnering with Bitmain, BitDeer.com's new offering has been named "Cloud Hosting" and its goal is to lower the barrier of entry for individual miners while providing a consistent volume of computing power. BitDeer.com is not only leasing the mining machines, but offers interested users the possibility of ownership at fractions of the cost of buying and maintaining their own mining machine.

As the leading computing power-sharing platform, BitDeer.com aims to address the market demand from users for a solution to integration, accountability, and maintenance of remotely hosted crypto miners. With a track record of transparency, BitDeer.com allows customers to view the progress of their miners in real-time through the BitDeer.com platform. With 24-hour customer service and server maintenance, and transparent operations, miner hosting services can be executed with cost-effective and secure operations for their customer base. For a limited time period, no service fees will be charged, while subsequent electricity fees and maintenance fees would be directly deducted from the miner rewards.

The minimum requirement for the miner hosting service is 1 mining machine but customers also have the option to join other customers as a group to pool the services and split the rewards amongst themselves. At the moment, this is the first mining machine hosting service on the market that allows for this type of flexibility. All BitDeer.com mining machines are supplied by strategic partner Bitmain, who will also provide maintenance and repair services. This allows BitDeer.com to access mining machines that fulfill requirements for industry compliance, and a secure supply of electricity. The machines available for the new "Cloud Hosting" service include the critically acclaimed S19 Pro, currently known as the most energy-efficient, risk-averse, and cost-effective machine. Customers interested in signing up for the "Cloud Hosting" mining service may visit BitDeer.com and inquire through the platform, bringing the "one-stop service" reality one step closer.

BitDeer.com has a long-standing reputation as a stable business operator in the computing power sharing industry. The industry leader has maintained strong cooperation with Bitmain as its strategic partner. BitDeer.com also partners with other industry leaders such as Antpool and BTC.com, ensuring the quality and reliability of mining machines are authentic. BitDeer.com will continue to provide world-class mining services and remain the standard in computing power sharing services.

For more information on BitDeer.com and their services, please visit:
Official website: https://www.BitDeer.com
Facebook: https://www.facebook.com/BitDeerplatform
Twitter: https://twitter.com/BitDeerOfficial
YouTube: https://www.youtube.com/watch?v=lu95K9N5CM4
VK: https://vk.com/public174640639

About BitDeer.com
BitDeer.com is the world's leading computing power-sharing platform, enabling global users to mine cryptocurrencies in a transparent, reliable, and convenient way. It saves users from the complicated process of purchasing, installing, and hosting mining machines. Individual miners can enjoy the service with just one click. See www.BitDeer.com.

Media Contact
hello@magicfew.com
contact@bitdeer.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BitDeer.com Unveils Brand New Cloud Hosting Services

SINGAPORE, Oct 23, 2020 – (ACN Newswire) – BitDeer.com, the leader in the computing power sharing industry, collaborates with mining giant and strategic partner Bitmain to unveil a new service line featuring innovative cryptocurrency miner hosting solutions. Customers around the globe now have the capability of purchasing compliant mining machines, while having them custodied and maintained through the BitDeer.com server hosting platform.

Global brokerage firm Tiger Brokers uncovers Singaporean Gen Zs’ penchant for globally diverse and long-term technology stocks

SINGAPORE, Oct 23, 2020 – (ACN Newswire) – Xiaomi-backed global brokerage firm Tiger Brokers shared insights around the investment behaviour of Generation Z investors (aged between 18 to 24 years old), analysing about 100,000 Generation Z investors who are trading on Tiger Brokers' platform during the span of 2015 to 2020. Gen Z makes up 15% of the company's current 900,000+ customers worldwide; and 30% of Singapore's total customers since the launch of Tiger Trade app in February 2020. The findings for the Singapore sample are in line with the overall findings.

The analysis showed that 45% of Gen Z investors prefers long-term stocks like Apple, Boeing, and Carnival, 35% real estate investment trusts (REITs) and exchange traded funds (ETFs) across United States, Hong Kong and Singapore; 10% are investing in high volatility stocks, such as Afterpay, Kodak, and Vaccinex and 10% in options, based on reports and business forecasts. For Q3 2020, the most traded stocks by Gen Z in Singapore are Tesla, Apple, NIO and MedTech International.

Wu Tianhua, Group CEO of Tiger Brokers, said, "Gen Z investors tend to gear towards creating a globally diverse investment portfolio. Since 2015, we have seen a year-on-year increase of Generation Z investing on the Tiger Trade platform. We will continue to strengthen our technology capabilities to provide the necessary tools to help bolster our investors' trust in the platform."

Tiger Trade's figures show Gen Z investors have a 80:20 split between traditional stocks and real estate versus volatile stocks and options. The average fund deposited in a Gen Z Tiger Brokers trading account was US$3,435, over the last five years.

Fractional Shares for better accessibility to global stocks

Tiger Brokers is currently seeing increasing interest around US fractional shares from its users, which is a relatively popular financial product in the US. The fintech company sees fractional shares as part of its larger efforts to bring a more diverse array of trading options to its investors, especially Generation Z or new investors who would like to start with lower capital. Investors can determine the value that they would like to trade, and Tiger Brokers will help with the purchase. Investors may access US fractional shares via the Tiger Trade platform in the near future.

Tiger Brokers had recently added ASX (Australian Securities Exchange) in September and Singapore Exchange (SGX) in June, addressing Singapore-based investors' increasing appetite towards investing even during the current COVID-19 pandemic: Tiger Brokers had witnessed a surge in account openings at 126% in 3Q2020 as compared to 2Q2020, with investors committing smaller premiums at the beginning of their investment journey.

Eng Thiam Choon, CEO of Tiger Brokers Singapore highlights, "Less is more – At Tiger Brokers, we noticed a demand for investors for smaller investment amounts. With our current US market's median trade size at US$1,200 indicative, some of the US blue chips could be a hefty start, especially for those who are new to trading. For example, one can now purchase part of an Amazon stock for a fraction of the market price which is usually in the range of US$3,160, US$3,400 depending on the market situation. We believe fractional shares investment allows individuals, especially for those who are more conservative with their purchase to have a chance to invest prudently as well as diversifying their investment portfolio."

A business with social impact at heart

Tiger Brokers Singapore will also be sponsoring the Annual Singapore Exchange Bull Charge run as a Bronze sponsor, alongside DBS Bank, PhillipCapital, Frasers Property, F&N Limited and more. The team hopes to help raise funds for five different beneficiaries (Autism Association (Singapore), AWWA Ltd, Fei Yue Community Services, HCSA Community Services and Shared Services for Charities), providing them with care and assistance that help them lead more positive, meaningful and comfortable lives. The run will be conducted virtually, where participants could start their virtual run anywhere between 30 October, 6pm to 13 November, 8pm.

"Tiger Brokers believes in giving back to the community. It is in our culture, values and way of doing business to do what's right for the community. We give serious consideration to the impact our business activities may have, not only on our partners and investors, but also the local communities. We know that many people or communities have been impacted by the pandemic and we encourage others to join us in the participation of different charitable activities of their choice. As a fintech company, we hope to raise awareness, especially this year where many will need the additional support to sail through," added Thiam Choon.

About Tiger Brokers (Singapore) Pte Ltd.

Tiger Brokers Singapore Pte Ltd (Tiger Brokers Singapore) is a brokerage firm operating with a Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore (MAS). Its trading platform, Tiger Trade, offers complimentary real-time stock quotes, dedicated multilingual customer service during trading hours and 24/7 finance news updates. The company launched the mobile version of Tiger Trade in February 2020 – accessible on Google Play Store and the Apple App Store – offering mobile-savvy generation of retail investors similar trading opportunities as their online users, such as Equities, Exchange-Traded Funds (ETFs), Futures, Stock Options, Warrants, and Callable Bull/Bear Contract (CBBC) on their mobile phones. Both online and mobile app allow users to invest across multiple asset classes traded on the Singapore, U.S., Hong Kong and Australia stock markets such as the New York Stock Exchange (NYSE), NASDAQ, Shanghai/Shenzhen-Hong Kong Stock Connect, the Hong Kong Stock Exchange (HKEX), the Singapore Stock Exchange (SGX) and Australian Securities Exchange (ASX).

Tiger Brokers Singapore is the Singapore entity of UP Fintech Holding Limited, known as "Tiger Brokers" in Asia, a leading online brokerage firm focusing on global investors. Founded in 2014, Tiger Brokers became #1 in the U.S. equity trading by volume among trading platforms catered to Global Chinese investors in less than two years. Tiger Brokers was awarded "2017 Fintech 250" by CB Insights and shortlisted for "China Leading Fintech 50" for two years in a row by KPMG China. The company was listed on NASDAQ under "TIGR" in 2019 and has offices in China, United States, Australia, New Zealand and Singapore. Tiger Brokers has over 833,900 customers worldwide currently, with a total trading volume of US$46.8 billion in Q2 2020. The company is backed by well-known investors such as Xiaomi, as well as investment guru Jim Rogers. For more information, please visit https://www.tigerbrokers.com.sg.

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: Tiger@preciouscomms.com / media@tigerbrokers.com.sg

This article has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients ("Prospects") are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects' investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

Tiger Brokers (Singapore) Pte Ltd (herein "Tiger Brokers") may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient's information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

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Bixin Ventures Announces $100M Proprietary Capital Fund to Support Global Blockchain Ecosystem

HONG KONG, Oct 22, 2020 – (ACN Newswire) – Bixin Ventures has launched a $100 million proprietary capital fund to support the global blockchain ecosystem and infrastructure necessary for the future of open finance through a permissionless and decentralized network.

Bixin Ventures participated as co-lead investor in a strategic round for O(1) Labs, the team incubating Mina Protocol, contributing US$ 2M to the raise, and has invested in projects including Microbit, xDai, Algorand, Nervos, Arweave, Conflux, Certik, and Marlin.

Earlier in 2020, Bixin Ventures announced a $66 million proprietary fund of funds enabling hedge funds and liquidity providers to strengthen the global liquidity framework in Bitcoin markets, with qualifying fund recipients satisfying fully denominated BTC criteria.

"One of our primary priorities is to help make the ecosystem truly global. Our investment team is working alongside the founders to provide guidance and expertise for growth in Asia," said Wang Xi, partner at Bixin Ventures.

Bixin mining operations are currently operating at 300 megawatt-hour capacity, boasting ~3,000 peta hash per second (PH/s) of computing power, which accounts for roughly 2% of the global Bitcoin network. Bixin Wallet has over 1 million retail users and has been one of the incumbent crypto wallets available in Asia.

Bixin has presence around the world with primary offices located in Hong Kong. Bixin aims to solve long standing issues, create long term value and provide long term support for the Bitcoin ecosystem. Please visit the official websites at https://bixin.com/ and https://bixinvc.com to learn more.

Media Contact
invest@bixin.com

About Bixin

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Moonstake raises $1.04 Million – accelerating connection from staking to DeFi

SINGAPORE, Oct 14, 2020 – (ACN Newswire) – Moonstake today announced that it has successfully closed its seed round funding and has raised over $1.04 Million (approximately JPY 110 Million). Partnerships with more than 10 public blockchains such as Emurgo (one of Cardano's constituent corporations) and advanced products centered on staking wallets attracted a great deal of attention, leading to this procurement six months since it was founded. This procurement was carried out with Singapore-based venture capital firm Ruby Capital as the lead investor and financial investors with domestic and overseas bases as business partners.

Since Moonstake was founded, Moonstake has sought to meet growing demand in Asia and globally by developing its own innovative staking protocols. Moonstake's product is a one-stop solution with staking capabilities that provides a gateway for users to facilitate their use of cryptocurrencies via web and mobile wallets (iOS/Android). Currently, Moonstake supports staking for ADA, Tezos, Cosmos, Ontology, QTUM, IRISnet, Harmon and further innovative products such as connection to DeFi via wallet will be developed in the future.

With this funding, Moonstake will step up its existing staking pool operations and wallet service offerings. In addition, while further expanding the products and services for businesses that we have been promoting, we will build a platform for decentralized finance (DeFi), which we have been connecting for some time, and a protocol for solving staking liquidity. We will promote innovative initiatives in the DeFi area with development.

Staking has been in full swing since 2019. Earlier this year, the market value of the staking market expanded 3.5 times in the 10 months from the beginning of the year, even in the single year of 2020, due to the PoS transition of well-known projects such as ADA and the start of staking.

Against this backdrop, Moonstake has been developing more user-focused staking products to create Asia's largest staking pool network. The number of users continued to grow due to active alliances with public blockchains and marketing cooperation, and in October, Moonstake's total staking amounted to over $50Million.

Panjun Wang, Partner at Ruby Capital says:
Moonstake has continued delivering recorded achievements in the crypto staking service industry, and Ruby Capital is excited to be part of its journey from Staking to Defi. We look forward to the joint-developments and bringing more values to the users of the Moonstake!

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey. https://www.moonstake.io/

About Ruby Capital

Ruby Capital Pte Ltd., is a licensed venture capital fund manager regulated by the Monetary Authority of Singapore. The team employs industrial professionals and specialists in Singapore, Japan and China. Ruby partners with BinaryStar, Infinity Blockchain Group and others from China, Japan, South Korea, Singapore, and Europe with strong connections in Finance, IT Technology, Incubators, Education and Supply Chain industries. Ruby capital invests in artificial intelligence, data analytics, Fintech, consumer technology innovations, distributed ledger technologies (DLT), extended realities, quantum computing and other high-potential innovations. https://rubycapital.sg/

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