#CryptoCorner #Podcast 612: #Stocks discussed: (NasdaqGS: $CAN) (NasdaqGS: $EQOS) (TSXV: $BNXA.V)

 

 

 

#CryptoCorner #Podcast 612: #Stocks discussed: (NasdaqGS: $CAN) (NasdaqGS: $EQOS) (TSXV: $BNXA.V)

 

Canaan Secures Order from Genesis Digital Assets, Diginex Unifies Businesses and Rebrands as EQONEX, and Banxa Partners with BOTS

 

Point Roberts, WA, Delta BC June 16, 2021 -  Investorideas.com, a leader in crypto and blockchain investing news brings you today’s edition of the Crypto Corner podcast and commentary on what’s driving cryptocurrency stocks and the crypto market.

 

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https://www.investorideas.com/Audio/Podcasts/2021/061621-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/News/2021/crypto-corner/06161CAN-EQOS-BNXA.asp

 

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Stocks discussed: (NasdaqGS:CAN) (NasdaqGS:EQOS) (TSXV:BNXA)

 

Canaan Inc. (NasdaqGS:CAN) has secured a purchase order from crypto mining firm Genesis Digital Assets Limited for 10,000 of its A1246 and A1166Pro Bitcoin (BTC) mining machines. The delivery of the machines is expected by the end of this month. Canaan’s CEO, Nangeng Zhang, commented:

 

"We are excited to announce this additional purchase order from Genesis Digital Assets. This is a concrete advancement of both parties' long-term strategic partnership, following an initial order from Genesis Digital Assets valued at up to US$93.63 million that we secured in April this year. We aim to replicate this successful partnership formula with more overseas customers to further solidify our foothold in international markets. Meanwhile, we will continue to prioritize working with long-term and large-scale customers to reduce the impact of short-term fluctuations in cryptocurrency prices on our operations."

 

Diginex Limited (NasdaqGS:EQOS) is rebranding as EQONEX as it unifies its cryptocurrency exchange, custody platform, multi-venue trading business, over-the-counter (OTC) offering, asset management solution, securitization business and the upcoming investment products and borrowing and lending businesses. The company’s CEO Richard Byworth explained:

 

"As we progress in our focus of delivering digital assets to a broad cross section of clients, it is important for us to unify the key pieces under a single brand. The new brand EQONEX signifies all the strongest elements of our existing brands. We provide a regulated, compliant and secure ecosystem with equality for all clients, both institutional and retail.”

 

Banxa Holdings Inc. (TSXV:BNXA) has announced a partnership with trading platform BOTS. BOTS employs robotic algorithms and AI (ro-bots) to execute trades with greater speed and efficiency. The latter’s founder and CEO, Michiel Stokman, explained:

 

"BOTS enables investing in the broadest sense of the word. At BOTS we provide access to proprietary trading robots in crypto, stocks, durables, real estate, futures, options, ETFs, art, loans, start-ups and scale-ups. We focus on creating customer value with a broader perspective on investing, lending and value storage. BOTS provides access to prosperity for all and that will not change. Banxa is a partner who shares our mission of making trading accessible to people around the world."

 

Sam Mowers, Investorideas

 

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