#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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