#CryptoCorner
#Podcast 888: #Stocks discussed: (TSX: $WNDR.TO) (OTC: $BLQC) (OTC: $SANP)
Bitbuy
to Offer Stock Trading, BlockQuarry Shares Q2 Highlights, and Santo Mining
Contracted to Develop Water Rights Stablecoin
Vancouver, Kelowna, Delta, BC September
30, 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: (TSX:WNDR) (OTC:BLQC) (OTC:SANP)
Bitbuy Technologies Inc.,
a subsidiary of WonderFi Technologies Inc. (TSX:WNDR), has announced a partnership with AlpacaDB, Inc.,
which will allow the former “to offer its users fractional trading and
investing in thousands of US stocks and exchange traded funds (ETFs), in an
integrated experience within the existing Bitbuy platform.” Alpaca's Broker API
will be leveraged, giving Bitbuy customers real-time fractional trading and
instant settlement. Ben Samaroo, the CEO of WonderFi, said:
"Providing
seamless access to stock trading makes Bitbuy the first platform in Canada to
offer a full suite of crypto trading as well as fractional trading of US
equities with real-time settlement. This is in furtherance of our goal of
making users' lives easier and bringing key asset classes within our easy-to-use,
regulated platforms."
BlockQuarry Corp. (OTC:BLQC) has reported financial highlights from its second
quarter. For the three months ended June 30, 2022, the company posted revenues
over $1.5 million, and an increase in total assets to nearly $11 million.
Alonzo Pierce, President of BlockQuarry, commented:
“We
had a fantastic 2021, but we believe 2022 is on pace to significantly raise the
bar. Our hosting revenue this year has already surpassed what we produced from
that segment for the whole year in 2021. Moreover, due to our market
positioning and signed agreements with major partners, 2022 appears set to be
our best year ever on both the top and bottom line, with Q3 on pace to show
strong growth on both a sequential and year-over-year basis, and we are excited
to further bolster our positioning and performance trajectory into year end.”
Santo Mining Corp. (OTC:SANP) has been contracted to develop a crypto currency called
AGUA, described as “a stable coin tied to water rights.” According to the press
release, the firm will collect weather telemetry, and upload the data of water
volume to the blockchain, “then the AGUA smart contract will automatically burn
or mint coins to maintain the stability of price per liter.” Santo’s CEO Frank
Yglesias said:
"We
are stoked to be able to create a smart contract on the Ethereum [ETH] blockchain that is pegged to water reserve
rights, besides collecting telemetry of water volume, we will be able to
collect PH and H2O. This data will be shared with local governmental agencies.
As we develop this smart contract we will be sharing our development with our
shareholder community."
Sam Mowers, Investorideas
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