#CryptoCorner #Podcast 797: #Stocks discussed: (NasdaqCM: $FTFT) (TSXV: $CBIT.V) (TSXV: $IMIN.V)
#CryptoCorner
#Podcast 797: #Stocks discussed: (NasdaqCM: $FTFT) (TSXV: $CBIT.V) (TSXV: $IMIN.V)
Future FinTech Launching #Crypto
Hedge Fund, Cathedra Bitcoin Begins Rover Manufacturing, and iMining
Technologies Announces #Metaverse HQ
Vancouver, Kelowna, Delta, BC March 18,
2022 - 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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Stocks
discussed: (NasdaqCM:FTFT) (TSXV:CBIT) (TSXV:IMIN)
Future Fintech Digital Capital Management LLC, an investment management company
and subsidiary of Future FinTech Group Inc. (NasdaqCM:FTFT), has announced the launch of its first
cryptocurrency hedge fund, FTFT Digital Number One US, LP. Future FinTech’s
COO, Sean Liu, said:
"The
launch of FTFT Digital Number One US, LP is our first step in expanding our
business into the cryptocurrency asset management sector. We believe that
cryptocurrency assets will play an increasingly important role in the global
economy in the future and become an indispensable component in asset
allocation. We have seen growing demand for cryptocurrency hedge funds as it
offers investors diversification and potentially solid investment returns. FTFT
Digital Number One US, LP has been formed under all regulatory requirements and
high operational standards, and we look forward to the results of its investment
strategy."
Cathedra Bitcoin Inc. (TSXV:CBIT) has started the manufacturing process for its
proprietary mobile data centers, Rovers, intended to house the bitcoin (BTC) mining machines ordered by the Company in
November 2021. These Rovers will be manufactured in Berlin, New Hampshire
through the rest of this year and beyond. Isaac Fithian, Cathedra’s Chief Field
Operations and Manufacturing Officer, explained:
"Berlin
is an industrial city, forged through grit and an honest day’s work. At its
peak, Berlin was once the largest producer of paper in the world. For much of
human history, paper has provided a means of remembrance and the promise that
an honest day’s work will not be forgotten. Cathedra will hold to this same
promise. Our Rovers will protect the most secure monetary ledger conceived by
mankind. Through grit and an honest day's work, we are building a world-class
company."
iMining Technologies Inc.
(TSXV:IMIN) has secured two land parcels in the Decentraland
metaverse through its wholly owned subsidiary Metaverse Advisory Group (MAG).
The company has also “retained MAG to develop its headquarters and is pleased
to announce the completion of iMining.com Towers, a virtual office in
Decentraland's Manhattan district.” Khurram Shroff, the Chairman, President and
CEO of iMining Technologies Inc., commented:
"Any
work will need to have a digital component in the metaverse but it doesn't mean
that everyone has to be a computer engineer. Companies such as Zoom have
transformed remote working but the development of metaverse will be a game
changer. We already see companies such as JP Morgan, Samsung and Sotheby's have
entered Decentraland metaverse making Decentraland the ultimate location for
businesses gearing up for the future."
Sam Mowers, Investorideas
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