Wednesday, January 19, 2022

#CryptoCorner #Podcast 757: #Stocks discussed: (NasdaqGS: $COIN) (NYSE: $MA) (NYSE: $BKKT) (TSXV: $BNXA.V)

 



 

 

#CryptoCorner #Podcast 757: #Stocks discussed: (NasdaqGS: $COIN) (NYSE: $MA) (NYSE: $BKKT) (TSXV: $BNXA.V)

 

Coinbase and Mastercard Partner for NFT Marketplace Purchases, Bakkt Partners with Nexo, and Banxa Holdings Records 337% YOY Increase in Transaction Volume

 

Vancouver, Kelowna, Delta, BC, January 19, 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.

 

Listen to today’s Crypto Corner Podcast:  

https://www.investorideas.com/Audio/Podcasts/2022/011922-CryptoMarket.mp3

 

Read this in full at https://www.investorideas.com/news/2022/crypto-corner/01191COIN-MA-BKKT-BNXA.asp

 

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Stocks discussed: (NasdaqGS:COIN) (NYSE:MA) (NYSE:BKKT) (TSXV:BNXA)

 

Coinbase (NasdaqGS:COIN) and Mastercard (NYSE:MA) have partnered to allow people to make purchases on Coinbase’s upcoming NFT marketplace using their Mastercard. Prakash Hariramani, Senior Director, Product, Coinbase, wrote in an official blog post today:

 

Thanks to our work with Mastercard, we’ll be able to provide a better customer experience on Coinbase NFT, and plan on working to find ways to bring this opportunity to the broader ecosystem through Mastercard’s scale and global network.

 

We applaud Mastercard’s leadership on this issue to make it as easy as possible to buy an NFT and make sure it’s the best consumer experience. The NFT revolution is just beginning.

 

Bakkt Holdings, Inc. (NYSE:BKKT) has announced a partnership with regulated digital assets institution Nexo to custody cryptocurrency assets in the Bakkt Warehouse, its regulated custodian, which allows for safe and secure storage of Bitcoin (BTC) and Ethereum (ETH). George Manolov, Business Development Executive at Nexo, said:

 

"As a global digital assets institution, Nexo acknowledges the need for a trusted partner to bring an extra level of security and credibility to our clients’ cryptocurrencies. We recognized that Bakkt’s infrastructure and regulation-first approach to crypto was a natural fit and we’re confident that this partnership will benefit all our clients and expand Nexo’s ability to service the unprecedented institutional demand for cryptocurrencies as well as individuals’ growing transaction volumes."

 

Banxa Holdings, Inc. (TSXV:BNXA) has shared some growth results from 2021, indicating that it recorded a 337 percent increase on Year on Year growth for December 2021, with a Total Transaction Value (TTV) of $131 million USD. The company also processed over 7000 transactions daily and signed 14 new partnerships in December 2021 alone. Holger Arians, CEO of Banxa, said:

 

"With the market's lightspeed acceleration pushing the industry in new directions, looking for new opportunities in the market is critical. I'm thrilled to see Banxa's continued growth driven by our expert team. In 2021, we took our capacity and service levels to new heights while growing our partner network and available coins. We're excited to see the business's continued success in 2022."

 

Sam Mowers, Investorideas

 

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1 comment:

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