#CryptoCorner #Podcast 814: #Stocks discussed: (NYSE: $EVRI) (TSXV: $BNXA.V) (TSXV: $IMIN.V)
Everi Holdings Partners with Scarlet Pearl Casino Resort for Crypto Conversion Solution, Banxa Announces TTV Results, and iMining Subsidiary to Showcase Alberta Tech in Metaverse
Vancouver, Kelowna, Delta, BC April 12, 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: (NYSE:EVRI) (TSXV:BNXA) (TSXV:IMIN)
Digital casino gaming content and products firm Everi Holdings Inc. (NYSE:EVRI), has announced that its subsidiary, Everi Payments Inc., “is now live with a leading solution for the liquidity of crypto currencies, B4U Financial, at the Scarlet Pearl Casino Resort on Mississippi's Gulf Coast.” The B4U Financial system, according to the press release, “allows casino patrons the ability to convert digital currency into cash.” Darren Simmons, Everi's Executive Vice President and FinTech Business Leader, explained:
"Providing new, alternative ways to fund a patron's casino experience is crucial in the age of digital currency. Combining B4U Financial's solution with Everi's ATMs and, in the future, additional financial access solutions at Scarlet Pearl, furthers our collective goal of being able deliver an enhanced and seamless patron experience. We continually evaluate advanced technologies that can add new capabilities to our 'Digital Neighborhood,' and our ability to integrate with the B4U Financial crypto solution meets this criterion by enabling us to further diversify the types of financial transactions we can offer to casino guests."
Banxa Holdings Inc. (TSXV:BNXA) has announced its March and Q3 2022 Total Transaction Value (TTV) results. For the quarter, the company recorded a TTV of $274 million USD – up from $159 million in Q3 2021, and a TTV of $60 million for the month of March 2022. Holger Arians, Banxa’s CEO, commented:
"Over the past few months, we've seen the crypto market re-energize. Joining the wider crypto community at leading events in the last few weeks, including Miami NFT Week and NFT LA, we've seen increasing passion and support from the crypto industry regarding our continued investment and breadth in offering. We're excited to be a part of the unique opportunities in the coming months, as we anticipate the market will accelerate quickly this year with the growing broader community interest.”
Metaverse Advisory Group (MAG), a subsidiary of iMining Technologies Inc. (TSXV:IMIN), has announced that it will showcase the Alberta Technology Symposium's interactive experience in the Metaverse. The Symposium aims to highlight Alberta's technology sector, with focus on blockchain, machine learning and Internet of Things (IoT). Khurram Shroff, CEO of iMining, said:
"Our partnership with the Canadian Blockchain Consortium demonstrates new use cases between the Metaverse and physical events. We are pleased to continue pushing boundaries for Web 3.0 use cases. As Decentraland continues to become the center of the Metaverse World, we are excited to partner with Alberta Technology Symposium to offer an interactive experience in the Metaverse."
Sam Mowers, Investorideas
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