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Bringing Cutting Edge Assets into Hands of Investors

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Registered in Switzerland and the U.S. Securities and Exchange Commission (SEC), UGPAY Group AG emphasizes a range of unique investment objectives.

A rapidly evolving global financial ecosystem opens up investment opportunities in innovative industries and assets that represent new frontiers in many traditional investors minds.

Precious metal investment, previously only carried out with physical bullion – can now be conducted through complex financial instruments like gold futures and gold ETFs. Precious metals (along with cryptocurrencies) are also eligible for inclusion in U.S. Individual Retirement Accounts (IRAs).

Building a diamond synthesis industry portfolio was once a nearly impossible task, accessible to only global citizens with deep pockets. Rising demand from China and India breathed new life into the sector and reinvigorated diamond production as a strategic investment.

Opening Up Opportunities to Invest in Dynamic Industries

Several companies have emerged offering investors a diverse array of financial consulting and services across capital markets and corporate finance – with a focus on innovative and dynamic investments.

Registered in Switzerland and by the U.S. Securities and Exchange Commission (SEC), UGPAY Group AG emphasizes a range of unique investment objectives. The entity works with private clients, companies, and institutional investors to enhance and optimize portfolios for a wide array of unique and cutting-edge assets available for investment.

While UGPAY Group AG maintains investment objectives in ‘traditional’ assets like precious metals, stocks, securities, and real estate – the company’s current financial focus also incorporates a range of dynamic and unique positions.

Currently, UGPAY Group AG engages in and connects investors with innovative entities involved in the production of basalt. Basalt, a rock formed from the rapid cooling of magnesium and iron-rich lava, is making waves due to its ability to be crushed and made into basalt fiber.

The basalt fiber industry was projected to grow from $227 million in 2019 to $397 million in 2024 as demand grows from the automotive, construction, and infrastructure industries. Notably, basalt fiber is cheaper than carbon fiber and maintains better mechanical properties than fiberglass.

Fans of the silver screen also have the opportunity through UGPAY Group AG to engage in film industry investment. The popularity of video streaming services and the expansion of local film studios worldwide as producers seek out diverse talent, has fueled the rise of energetic and creative production companies.

Strategic Advisory across Investment Sectors

Aside from maintaining diverse investment interests, UGPAY Group AG provides support to global investors on privatization and larger greenfield projects, assisting with project structure optimization while guiding to satisfy the requirements and mandates of the specific industry, foreign investors, and the state.

On a more generalized level, UGPAY Group AG engages with clients on an advisory basis to support shareholders and increase a business’s underlying bottom line through constant monitoring of more than 30 key industries and markets.

Advisory services include project management services that consist of local advisors with expert knowledge of a particular market or industry and the development of business plans and feasibility studies.

UGPAY Group AG’s World CRU Token

The UGPAY Group AG team has positioned the company as an investment solution powered by cryptocurrency. Investors have the ability to buy a share into the entity’s portfolio through an issued security token called World CRU (WCRU). UGPAY Group AG built CryptoUnit Blockchain, based on EOS, for users to share and stake WCRU to earn the network’s native UNTB token.

Investors interested in purchasing the security token and own a percentage of UGPAY Group AG’s portfolio are required to register on the UGPAY.GROUP website and successfully pass know-your-customer (KYC) requirements.

Upon purchasing WCRU tokens, which vary in price based on UGPAY Group AG’s portfolio, customers can either hold the tokens to receive USDU stablecoin bonuses based on asset profitability, transfer defrosted tokens, or stake WCRU to receive UNTB as a reward. Purchased tokens are subject to a 365-day freeze where transfer or exchange is impossible. Once tokens are defrosted, holders can sell them on exchanges or stake.

WCRU is registered with the SEC by UGPAY GROUP AG. The company plans to file audited financial statements with the SEC and host monthly webinars with investors to inform about company developments and operations.

The UGPAY Group AG team orchestrated a multi-phase plan to specifically ensure the token launch was tailored to pertinent regulations concerning securities. First, the company chose Crowe Global, a multinational professional services network, for portfolio evaluation.

After the creation of the EOS-based blockchain based on DPoS (Delegated Proof-of-Stake), UGPAY Group AG decided 80 billion WCRU would be issued within 10 years.

Plans were made to sell 40-72 billion tokens in 4-10 years. 50% of WCRU token sale funds are allocated towards asset purchases whole 44% is earmarked for marketing. 5% has been set aside for a loyalty program running until October 1st, 2021.

UGPAY Group AG: Investing in Promising Projects

UGPAY Group AG provides investors with various financial services in the capital market and across corporate finance. The team of financial professionals remains focused on investing and educating clients about promising worldwide projects.

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MicroStrategy Buys Additional 13,005 Bitcoin for $489 Million

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With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion.

MicroStrategy Inc (NASDAQ: MSTR) has continued its Bitcoin acquisition spree as it has purchased another $489 million worth of BTC. As of the 21st of June, the Nasdaq-listed business intelligence company holds 105,085 Bitcoins.

The company announced its latest Bitcoin acquisition earlier today. According to the company, the newly acquired BTC totaled 13,005 at an average price of about $37,617, fees and expenses included. The purchase came after MicroStrategy generated $500 million in cash from the sale of debt to fund the purchase of BTC.

Before MicroStrategy purchased the most recent Bitcoin, the company had unveiled plans to buy Bitcoin in a filing with the US Securities and Exchange Commission (SEC). In the filing, MicroStrategy said it would be selling up to 1 billion of its class A common stock through an “Open Market Sale Agreement” with Jefferies LLC. The company added that proceeds from the stock sales would be used to buy more Bitcoin. MicroStrategy explained:

We intend to use the net proceeds from the sale of any Class A common stock offered under the prospectus for general corporate purposes, including the acquisition of bitcoin, unless otherwise indicated in the applicable prospectus supplement.

MicroStrategy Focuses on Bitcoin Acquisition

In addition, MicroStrategy has made Bitcoin acquisition a focus for the company. The company said that it mainly pursues two corporate strategies. Apart from growing its enterprise analytics software business, a major strategy for the company is to acquire and hold BTC.

In the SEC filing, the Nasdaq-listed company added that it is currently seeking opportunities to implement Bitcoin-related technologies like blockchain analytics into its software offerings. Also, the company intends to hold its Bitcoin holdings long-term and not engage in regular trading.

MicroStrategy became the first publicly-traded company to buy Bitcoin in August 2020. At the time, the company bought 21,454 BTC worth $250 million, making BTC its primary treasury reserve asset. When MicroStrategy made its initial Bitcoin purchase, BTC was trading at $11,653 per coin. This means that the price of Bitcoin has surged about 5 times since the first purchase.

After debuting into the crypto space in August last year, MicroStrategy had purchased more and held more than 90,000 BTCs before its latest acquisition, announced on the 21st of June.

At the time of writing, Bitcoin is hovering around $33,000. With the current BTC price, MicroStrategy’s total Bitcoin holding is worth more than $3.4 billion. According to MicroStrategy, its new subsidiary – MacroStrategy, manages about 92,079 BTC of its coins.

MSTR stock is currently at $595.79, a 7.64% decline over its previous close of $646.46. The company has grown nearly 403% in the last twelve months and 53.57% in its year-to-date record. In addition, MicroStrategy stock has gained more than 26% over the past month. However, MSTR has shed 17.65% over the past three months and has dropped 0.30% in the last five days.

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Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides.



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Wise Fintech to Go Public via Direct Listing on London Stock Exchange

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In the future, Wise plans to roll out OwnWise, a client shareholder program that will allow its users to own a stake in the company.

British fintech Wise, formerly TransferWise, announced Thursday its plans to go public via a direct listing on the London Stock Exchange (LSE). The money transfer company said it had sufficient funding and therefore, did not require underwriters or issuing of new shares.

Wise will pioneer direct listing in London, a deal which will be finalized on July 5. Sources speculate the listing could value Wise at anywhere between $6-7 billion, up from its latest $5 billion valuations. This would also make it one of the biggest floats this year.

Founded in 2010, Wise has managed to accumulate 10 million customers who use its services to send £5 billion ($7 billion) every month. Its rivals include Western Union and MoneyGram in addition to startups like WorldRemit and Revolut.

Since 2017, Wise’s track record shows consistent profitability with a 54% annual growth rate. The latest 2021 fiscal year report shows it made £30.9 million in profits out of the £421 million ($589 million) sales revenue. This year, the company’s payments app registered £54.4 billion of international transfers for 6 million clients.

Wise Listing on LSE

Listing the giant company is a great accomplishment for London as it competes with “The Big Board”, New York Stock Exchange Group (NYSE), to attract more high growth and Blue-chip firms. As of 2020, the NYSE had 2800 company stocks and its market cap as of June, 2021 was $24.68 trillion. LSE, on the other hand, has listed over 1300 companies and its market cap is at 40.08 from today’s MarketWatch data.

To further this development, the British government is considering increasing leniency in firm enlisting guidelines to encourage issuing of dual-class shares. However, European stock markets have been hit with a lot of volatility this year, with at least two IPO cancellations in recent weeks.

The dual share structure is what Wise is opting for as it allows them to retain voting control while accommodating investors and customers into their shareholder base. At present, however, it locks them out of the lucrative Financial Times Stock Exchange (FTSE) indices.

Nevertheless, the company intends to issue both class A and class B shares with the latter holding the privilege of 9 votes per share. The expiry for Class B shares is in the fifth year following Wise’s IPO. It is likely for concerns to arise over this structure as it may give executives excessive influence on shareholder votes.

In the future, Wise plans to roll out OwnWise, a client shareholder program that will allow its users to own a stake in the company. Financial endeavors for the company are advised by Goldman Sachs, Morgan Stanley, Barclays and Citigroup.

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A financial analyst who sees positive income in both directions of the market (bulls & bears). Bitcoin is my crypto safe haven, free from government conspiracies.
Mythology is my mystery!
“You cannot enslave a mind that knows itself. That values itself. That understands itself.”



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JPMorgan Acquires Nutmeg Robo-Advisor, Furthering UK Retail Banking

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Before the deal, JPMorgan and Nutmeg had partnered late last year to offer clients an assortment of globally diversified exchange-traded funds (ETFs).

JPMorgan Chase & Co (NYSE: JPM) said Thursday it has closed a deal to purchase Nutmeg, an online investment management service, for an unnamed price. US biggest bank hopes the agreement, which awaits regulatory approval, will complement its launch of a standalone digital bank brand in the UK during the year.

Using the latest technology from Nutmeg will help boost JPMorgan’s retail and institutional push since the company aims at establishing as many branches as it can outside the US.

With over £3.5 billion (4.9 billion) worth of assets under management, the decade-old Nutmeg is one of the UK leading and award-winning robo-advisors. The company offers various investment accounts including Individual Savings Accounts (ISAs), general investment, and pensions accounts.

Additionally, its competitors include Wealthsimple, Moneybox, and Moneyfarm. Before the take-over, Nutmeg had raised over $150 million in investments from Goldman Sachs and the British venture capital firm – Balderton Capital.

JPMorgan CEO Jamie Dimon stated last year that the banking giant would be “much more aggressive” in adding assets by conducting more acquisitions. The bank may also be stepping up to competition from adversary Morgan Stanley (NYSE: MS) which, in recent years, has spent $20 billion in merger agreements with E-trade and Eaton Vance.

Dimon also mentioned leveling up against blue-chip tech firm Alphabet Inc (NASDAQ: GOOGL) and other fintech firms such as PayPal Holdings Inc (NASDAQ: PYPL).

JPMorgan Stock Market and Nutmeg Acquisition

Before the deal, JPMorgan and Nutmeg had partnered late last year to offer clients an assortment of globally diversified exchange-traded funds (ETFs). This is not the first time the bank has partnered with a company then acquired it later. In October 2020, JPMorgan partnered with 55ip, a tax-smart fintech start-up, then bought it a couple of months down the line.

Differing regulatory guidelines in Europe and the UK made it necessary for JPMorgan to purchase the robo-advisor, rather than use investment technology available in the US. However, its US-based investment service You Invest is currently doing well, with assets valued at about $50 billion, as Dimon states.

JPMorgan’s tech initiative marks one among many happening in Britain’s retail banking sector. Banks such as Revolut, Starling, and Monzo manage digital-only checking accounts which have attracted a host of clients. Going by data from Innovate Finance, FinTechs in the UK probably make up the world’s largest markets, having pulled in $4.1 billion investment from venture capitalists as of last year.

JPMorgan Securities served as financial advisor in the JPMorgan-Nutmeg transaction, while Freshfields Bruckhaus Deringer acted as legal counsel. Arma Partners was Nutmeg’s financial advisor and Taylor Wessing was legal counsel.

As of June 17, 2021, at 7:59 p.m. EDT, JPMorgan stock closed at $151.76, down 2.89%. In the after-hours session, it was trading at $151.48, down 0.18% in 24-hours.

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A financial analyst who sees positive income in both directions of the market (bulls & bears). Bitcoin is my crypto safe haven, free from government conspiracies.
Mythology is my mystery!
“You cannot enslave a mind that knows itself. That values itself. That understands itself.”



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