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News Release Digital Asset Direct

Pieter van Rijn joins the Board of Directors at Downtown Music Holdings

Downtown Music Holdings

Downtown Music Holdings today announced the appointment of Pieter van Rijn, President of the group’s business and professional services division, Downtown Music, to its Board of Directors. “When we first set out to transform Downtown Music, our B2B division, into a fully integrated suite of business service offerings, we were fortunate to have such a strong executive in our organization who could help us execute on that vision,” said Andrew Bergman, CEO of Downtown Music Holdings. "The addition of Pieter to our board further demonstrates Downtown's commitment and mission to empower creators and the businesses that serve them." Following the sale of its owned song copyrights in 2021, Downtown has undergone a significant transformation of its music services businesses through the positioning of its business services into one fully integrated division. Downtown Music now offers a comprehensive suite of distribution, publishing, UGC monetization, sync and platform services. Most recently, new royalty and financial services have been added to broaden Downtown’s service offerings with the acquisition of Curve Royalty Systems earlier this year. In July 2022 van Rijn was appointed to lead this division. Said Justin Kalifowitz, Founder and Executive Chairman, Downtown Music Holdings, “Pieter is an exceptional executive who has played a key role in transforming Downtown Music into the market leader for business and professional services. We are looking forward to welcoming Pieter to the Board as we continue to chart the future of the company.” Said President of Downtown Music, Pieter van Rijn, “Already the largest end-to-end music rights management platform in the world, Downtown is firmly positioned as the future of the music industry. I’m excited to join Justin, Andrew and the Downtown board of directors to continue shaping that future.” Van Rijn joins Downtown’s existing board of directors, including independent directors Alison Moore and Kelli Turner, who joined in January 2022. Prior to becoming President of Downtown Music, van Rijn was the CEO of music distributor FUGA, which Downtown acquired in January 2020. Joining FUGA in 2014 as CEO, Van Rijn developed the company’s global footprint, launching new hubs across EMEA, LATAM and APAC, and led the transformation of FUGA becoming a music tech leader. About Downtown Music Holdings Downtown is the world's leading music services company with over 2 million clients from 145 countries representing a catalog of over 38 million music assets in a wide variety of genres and languages. Downtown's technology and service offerings support creators and businesses in all facets of the music industry including music creation, distribution, marketing, royalty collection, financing, accounting and payment services. www.downtownmusic.com Contact Details Kite Hill PR Alexandra Morrison downtownmusic@kitehillpr.com

September 21, 2023 09:00 AM Eastern Daylight Time

News Release

Shiba Inu (SHIB) & Litecoin (LTC) Slide, Borroe.Finance ($ROE) Grabs Investor Spotlight

Blockchain Digest

Shiba Inu ($SHIB) has fallen in contrast to the popularity of its Shibarium upgrade. Likewise, Litecoin ($LTC) is in the red zone after the SEC's disappointing announcement. Meanwhile, token holders seem bullish on Borroe.Finance ($ROE ), after it realized a 25% increase. Borroe.Finance is a short-term capital generation platform. Its services are unique. But are they unique enough to make $ROE a good crypto to buy now? >>BUY $ROE TOKENS NOW<< SHIB Price Prediction: Shibarium Transactions Surpass 2.75 Million Shiba Inu's ($SHIB) Shibarium network has seen its transaction count rise to 2.9 million since its August 16 launch. This milestone represents an important advancement for Shiba Inu ($SHIB), given its massive potential for network activity improvement. Shiba Inu's ($SHIB) price has been affected positively by Shibarium's growing popularity. Some analysts expect a market rise soon due to anticipation of Bitcoin Spot ETF approvals in October. In such a scenario, Shiba Inu ($SHIB) could rise further, given the growing adoption of Shibarium. The token could increase to $0.000008110 when the market enters the next bull run. Litecoin ($LTC) Slides Following Negative Bitcoin News On August 31, 2023, The Securities and Exchange Commission (SEC) delayed its decision on Spot BTC ETF applications. The announcement disappointed many investors who were anticipating the first-ever Spot Bitcoin ETFs. As a result, many top altcoins, such as Litecoin ($LTC) and Bitcoin Cash, dropped sharply. Before the news went viral, Litecoin ($LTC) was trading at $68.89 on August 29. Yet, it fell to $64.93 by September 20 - a day after the SEC's announcement. Notably, Litecoin's ($LTC) drop came after the halving of its block rewards. On August 2, Litecoin ($LTC) halved block rewards from 12.5 $LTC to 6.25 $LTC. Analysts say Litecoin ($LTC) could fall further if the SEC doesn't give positive news on Bitcoin Spot ETFs in October. Litecoin ($LTC) could drop further, falling to $58.99 if the SEC disappoints investors again. Borroe.Finance ($ROE): Bringing Interest To Decentralized Invoice Financing Invoice financing is not a new concept. For a long time, companies have been able to take loans using their future and outstanding invoices as collateral. Yet, the traditional invoice financing industry has fallen short of meeting the needs of firms in the Web 3.0 industry. Borroe.Finance ($ROE) is a decentralized solution that offers the best invoice financing, lower costs, and instant approvals. The platform uses AI technology to assess credit worthiness before giving out loans. Furthermore, Borroe.Finance uses fractionalized NFTs to smoothen the process of allocating collateral. Borroe.Finance also allows companies to customize funding requests to reflect the needs of their organizations. This means that users can add special discounts to make their funding requests more attractive. Furthermore, they can add a social media Share2Earn program, further boosting their requests' desirability. Borroe.Finance is also an opportunity to invest in businesses with low-risk and high-reward potential. $ROE is in Stage 1 of its presale, yet excitement is rising following its 25% increase from its beta Stage. It is trading at $0.0125. Yet all eyes are on the end of its presale when Borroe.Finance ($ROE) will rise to $0.040. When $ROE reaches $0.040, it will have realized a 300% increase from its initial price. A 300% increase will make Borroe.Finance ($ROE) one of the best DeFi coins. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance press@borroe.finance

September 20, 2023 01:18 PM Eastern Daylight Time

News Release

Solana ($SOL) Partners with Visa, Borroe.Finance ($ROE) Takes Over the Market

Blockchain Digest

Visa has just announced its partnership with Solana ($SOL). As expected, there is jubilation in the altcoin community as speculators hope for a massive boost in its adoption. However, experts agree that any major boosts will face staunch competition from Borroe.Finance ($ROE ). Its rising popularity makes Borroe.Finance ($ROE) one of the best new ICOs. But can it challenge $SOL in 2023? Let's see what the consensus is. >>BUY $ROE TOKENS NOW<< Solana ($SOL) To Collaborate on Visa's Stablecoin Settlements Visa has announced plans to increase its cross-border money movement. As part of its plans, it would incorporate Solana ($SOL) for its USDC stablecoin settlements. Visa also announced that two new merchants would pilot USDC Settlement payments on Solana ($SOL). The news had a positive effect on Solana’s ($SOL) price. It was trading at $19.33 on September 1 following the market downturn. Solana ($SOL) rose by 4.8% to $20.27 on September 5 after announcing its collaboration with Visa. The news of the partnership changed Solana's ($SOL) bearish course, which the market downturn had inspired. In addition, analysts agree that Solana’s ($SOL) partnership is set to boost adoption because Visa is one of the global payment giants. Solana ($SOL) is expected to increase by 9.3% to $21.37 due to excitement around its Visa partnership. Borroe.Finance ($ROE): Upgrading Access to Revenue Financing Markets Borroe.Finance ($ROE) is a community fundraising marketplace. It uses the latest technology trends to ensure an easy P2P community for raising working capital. The platform leverages cryptocurrency, blockchain technology, fractionalized NFTs, and Artificial Intelligence. $ROE’s marketplace helps users raise funds to run day-to-day business activities via revenue financing models. >>BUY $ROE TOKENS NOW<< Typical funding rates for invoices on Borroe.Finance's ($ROE) marketplace is 80-90%. Users on Borroe.Finance ($ROE) enjoy instant funding and payouts. The platform also gives access to several fiat and over 100 crypto payment options. Borroe.Finance ($ROE) helps investors profit by providing needed funding for Web 3.0 companies. The benefits of holding the $ROE token include discounts on fundraising offers and marketplace fees. Users also get marketplace buy, sell, and repayment rewards. Furthermore, token holders are rewarded when they vote on proposals. Borroe.Finance ($ROE) ensures maximum security for its crowdfunding marketplace. Like many top DeFi projects, its recently completed audit has been published on its website. Likewise, smart contracts can also be verified on the platform's website. Lastly, it leverages Polygon’s blockchain technology to improve user safety. Borroe.Finance's ($ROE) popularity is surprising for a project still in Stage 1 of its presale. Following its 25% increase as it exited its Beta Stage, many investors have rushed to accumulate $ROE tokens. Borroe.Finance ($ROE) will reach $0.040 by the end of its presale, growing by 300% from its initial price. The 300% growth will make $ROE one of the best crypto to buy now. Learn more about Borroe.Finance ($ROE) here: Visit Borroe.Finance Presale | Join The Telegram Group | Follow Borroe on Twitter Contact Details Borroe.Finance noreply@borroe.finance

September 20, 2023 01:01 PM Eastern Daylight Time

DEEM Enterprises partners with World Champion Fantasy’s PlayerX to bring Esports Competition & NFL athletes to Atlantic City in January 2024

World Champion Fantasy

DEEM Enterprises, the development group holding the MOU to redevelop the forthcoming Renaissance at Bader Field project, today announced its first family-friendly esports competition, set to take place in January 2024 at Boardwalk Hall in Atlantic City with World Champion Fantasy (WCF), a leading technology company developing PlayerX, the world’s next generation online esports platform. The event will bring together gamers and NFL athletes including JuJu Smith-Schuster, Marquise “Hollywood” Brown, and Kurt Benkert. Teams composed of world-class esports professionals, amateurs, and NFL athletes will form competing teams to create nonstop excitement during a two-day event hosted by DEEM and WCF. Gamers, enthusiasts, fans, and families can expect live entertainment, celebrity appearances, musical performances, and immersive experiences from sponsors. The event will bring together thousands in person and virtually. This is the first of many events in the long-term strategic partnership between DEEM and WCF. “DEEM is pioneering a transformation in the motorsport arena,” said Erick Feitshans, CEO of DEEM Enterprises. “In today's evolving landscape of platforms, sports, and entertainment, we're observing a unique confluence where fan-first immersive experiences and entertainment converge — where pro athlete meets amateur, digital intersects with in-real-life (IRL), and motorsport blends with esports. DEEM stands at this crossroads, poised to lead. Partnering with WCF and leveraging PlayerX, we're amplifying Atlantic City's distinct offerings and past legacies with the innovative future of Renaissance at Bader Field. Our collaboration is set to elevate these dynamic intersections into the global spotlight through an unmatched event experience.” The event focuses on utilizing WCF’s groundbreaking product, PlayerX, an innovative platform that combines live video and data to offer an immersive esports experience. PlayerX enables users to assemble a dream team of esports athletes to compete, watch live streams, review stats, and analyze the performance of their favorite teams and players. “WCF has always had our eye on Atlantic City – it’s the perfect location to host esports competitions and draw on passionate individuals from the vast Southern New Jersey and Philadelphia metro areas. Our game-changing technology in PlayerX will be the backbone of our first family-friendly esports event with DEEM,” said Mike Vela, founder and CEO of WCF. DEEM and WCF will stream the event live. Global participants can expect watch parties, integration between physical and virtual programming, celebrities, and much more. This event will be a first-of-its-kind in a series of esports events, further solidifying the partnership between DEEM and WCF and their investment in Atlantic City. The companies will release more details in the coming months. “Perhaps what’s most exciting is sharing my passion for esports with so many people and families of all ages. PlayerX has the ability to unite people – from the amateur to the professional to the NFL athlete, all of whom share that same passion for playing esports. PlayerX balances everyone’s abilities by providing the right tools for a player to win or watch. Hosting our first event with DEEM in Atlantic City will showcase this physically and virtually. It will be electric,” Vela said. About Renaissance at Bader Field Renaissance at Bader Field is a planned $3.2 billion dollar, net-zero carbon LEED Platinum community to be built upon Bader Field that will transform the Atlantic City, New Jersey economy. The fundamental design approach of this new world-class motorsport community is rooted in resilient and sustainable design methodologies, including a microgrid concept for energy generation and distribution that utilizes clean hydrogen and will serve as a model for future self-sustaining projects worldwide. This new community will act as a catalyst for the financial rebirth of Atlantic City by attracting new job-creating industries, increasing the city’s tax base, and diversifying businesses throughout the city. Most importantly, this immense development will foster and promote the core values of equity and empowerment and will serve the citizens of Atlantic City. Visit www.deem-enterprises.com for more information. About World Champion Fantasy World Champion Fantasy is the next generation of fantasy sports as the first platform of its kind pairing best-in-class technology and UX with the most exclusive content in esports. We are at the future of fantasy and at the forefront of the evolving esports industry creating an immersive real-time interactive competitive experience, live data and video feeds all on one platform. For more information on World Champion Fantasy, please visit www.playerx.gg. Contact Details Mike Adorno +1 801-319-6153 madorno@hotpaperlantern.com Company Website https://worldchampionfantasy.com/

September 20, 2023 09:03 AM Eastern Daylight Time

A Nuclear Renaissance Is Reviving Long Stagnant Uranium Markets – Sprott ETFs Is Giving Investors Multiple Forms Of Exposure To The Heavy Metal

Benzinga

By Rachael Green, Benzinga Uranium is one of the latest metals to see its price surge on clean energy demand. The key fuel in nuclear power plants had been declining for decades, but a recent renewed interest in nuclear power as a clean energy source to help economies transition to a fossil fuel-free future has revived investor interest. Uranium prices are up more than 19% since the start of the year as of this writing, trading above $58 per pound in August – the highest it’s been since April of last year, according to data from Trading Economics. Nuclear Power Is The Not-So-New Clean Energy Rising Star The recent surge in uranium prices has been driven largely by recent policy shifts that have made nuclear energy a higher priority as nations work to meet sustainability goals as quickly as possible. Earlier in August, for example, Sweden said it needs to triple its nuclear power capacity over the next decade in order to keep up with rising electricity demand in the country. In the United States, tax credits and investment initiatives in last year’s Inflation Reduction Act have clearly indicated the renewed focus on nuclear energy in the country. Joining Sweden are the UK, Canada, Japan and France which have each announced plans to ramp up uranium supply in efforts to reduce the world’s dependency on Russian uranium. The news has made some investors wonder why all the sudden interest in nuclear energy is cropping up now. But those in the industry are saying it’s actually always been here. “Nuclear is one of those silent contributors,” said Nuclear Energy Institute’s Director of Markets and Policy Benton Arnett in a recent episode of Sprott Radio. “A lot of folks don’t realize it’s producing 20% of our national electricity consumption here in the U.S. and has been doing that very quietly for decades.” It’s a similar story in other countries renewing their focus on nuclear. The reason it’s captured so much attention now is precisely because it’s already fairly well established in the countries that are reinvesting in it. “It is the largest carbon-free generator of power in the [United States.],” Arnett said. As the impacts of climate change have spurred a sense of urgency in the clean energy transition, nations are looking for a faster path away from fossil fuels. While renewables like wind and solar are still key in the long term, nuclear is the energy source that’s already providing a large quantity of clean power for many around the globe. Scaling that up would be a faster solution than building new renewable capacity from scratch. Scaling Up Nuclear Could Push Uranium Into A Supply-Demand Crunch As nations around the globe build new nuclear power plants, uranium – the key fuel supply needed for nuclear energy – is seeing record spikes in demand. In fact, the world’s existing uranium mines were already falling short of demand even before that demand spiked. According to the World Nuclear Association, production in recent years has only met 90% of current nuclear power plant needs. “The number that we’re focused on is trying to hit 150 million pounds or more,” said Sprott Asset Management CEO John Ciampaglia in a Bloor Street Capital interview. “That’s what we think is the annual replacement rate for the world’s existing nuclear power plants.” Getting to that target replacement rate will mean new investments from miners in the exploration and development of new uranium mines, a process that typically takes years. In the meantime, uranium prices could keep shooting higher as growing demand quickly outpaces the capacity of existing uranium mines. Sprott Offers Four Ways To Trade Bullish Uranium Assumptions Sprott has been a leader in precious metals – investing for decades – so expanding into energy transition themes was a natural fit as uranium, lithium, nickel and other metals have become key to so many clean energy projects. The company currently offers four funds for investors who are bullish on uranium and want to gain exposure to the growing market: Sprott Uranium Miners ETF (NYSEARCA: URNM), Sprott Junior Uranium Miners ETF (NASDAQ: URNJ), Sprott Energy Transition Materials ETF (NASDAQ: SETM), and the Sprott Physical Uranium Trust. The first two are focused on uranium miners. While these stocks have felt the pressure of rising interest rates and the high costs of investing in new exploration and development activity, they’ve still managed to pull off healthy gains of over 9% year-to-date, as of this writing. Juniors, meanwhile, climbed nearly 12% in the three-month period ending in July – though they’re still down slightly since the start of the year. Likewise, shares of URNM have rallied 26% since June as of this writing while Sprott’s juniors ETF soared 35% in the same period. The Physical Uranium Trust is the world’s largest physical uranium fund — it “invests and holds substantially all of its assets in uranium in the form of U3O8”, with the goal of providing “a secure, convenient and exchange-traded investment alternative for investors interested in holding uranium.” SETM provides pure-play access to a range of critical minerals necessary for the global clean energy transition including uranium. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

After $8.8 Million IPO, Hanryu Rolls Out Multiple Revenue-Generating Upgrades To FANTOO, The Fandom App Connecting The Growing Global Audience Of K-Culture Fans

Benzinga

By Rachael Green, Benzinga Hanryu Holdings, Inc. (NASDAQ: HRYU) has had an eventful few weeks after its IPO closed last month, generating about $8.8 million in gross proceeds. In total, the company has raised approximately $53million over multiple fundraising rounds to date as its popular fandom social media app FANTOO grows to a user base of over 26 million and the company unveils a series of upgrades and new features slated to roll out in the coming months. Here’s a look at some of the milestones from the past month and how Hanryu is leveraging those to add new revenue potential to its popular fandom app. What Is FANTOO? Hanryu first launched FANTOO in 2021 as an all-in-one social media platform for K-culture fans worldwide. As K-pop, K-dramas and other forms of entertainment from South Korea continue to gain a growing international audience, there still hasn’t been a single dedicated destination so far where fans could go for any and all fandoms they are part of. Moreover, language barriers were a major hurdle preventing people with a shared fandom from connecting over the music, show or film that they love. FANTOO – with its real-time translation technology across 17 languages and features that allow users to create or join clubs built around any fandom – finally created a way to unify this global audience in one platform. For fans, it’s a way to find community and friendship even if they live somewhere with few other K-culture fans nearby. For Hanryu, it’s an exciting revenue opportunity with the massive advertising potential of a site with millions of dedicated fans. But advertising is just one of the revenue channels Hanryu is building through the platform. It also generates revenue from ticket sales to live shows and transaction fees on the buying and selling that happen in the eBay -like (NASDAQ: EBAY) shop section of FANTOO. The Future Of FANTOO Just days after the closing of its IPO, Hanryu announced the launch of version 2.0 of FANTOO. The upgraded app adds powerful data analytics to help deliver personalized content based on interest settings and the communities in which a user is engaged. It also makes a few updates to the interface to make it more user-friendly and intuitive. “Version 2.0 is also a more robust platform for revenue generation through multiple streams,” said Hanryu CEO Kang Chang Hyeok. “We look forward to releasing additional features and system improvements in the future." One of those future improvements is an AI-powered conversational virtual assistant. Later in August, Hanryu announced that it had partnered with Saltlux Inc. (KOSDAQ: 304100), the company behind Talkbot, an intelligent chatbot. Together, the companies will develop a virtual assistant for FANTOO built on technology similar to Talkbot that can guide users through the platform, make recommendations based on users’ interests and deliver personalized news and updates about their fandom. Slated to launch before the end of this year, the FANTOO virtual assistant is just the beginning. Later, Hanryu plans to use AI voice synthesis and deep learning tech to let users customize the voice of their virtual assistant to sound like their favorite artist or actor – or even themselves. Earlier this month, Hanryu teased even more new chat features coming to the app soon, including emoji purchasing, friend recommendations and club chat rooms where members can join in on club-wide conversations with like-minded fans from around the world – all with the convenience of real-time multilingual translation. A similar open chat room will give users a way to connect with users from other fandoms as well. Alongside the new chat room features, FANTOO will also soon have enhanced private chats where users can talk over an encrypted channel as well as video call functionality so fans who connect through the app can have “face-to-face” conversations with each other. “FANTOO is not just a space for fandom, but it is a place for fans with the same interests to meet and form relationships through chatting,” Hyeok said. “We expect these additional new features, including both the current and planned future upgrades, will increase revenue generation through FANTOO." This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

The Most Important Things Everyone Should Know Before Investing In Gold IRAs

Benzinga

By Faith Ashmore, Benzinga When it comes to planning for a secure retirement, it is essential to explore all available avenues. Traditional investment options like stocks and bonds have their merits, but there is another store of value that often goes overlooked – gold Individual Retirement Accounts (IRAs). A gold IRA is a type of self-directed retirement account where the holder invests in physical gold instead of conventional assets such as stocks, bonds or mutual funds. Here are five things you need to know about gold IRAs. Harnessing Tax Advantages For Optimal Gains One of the most significant advantages of gold IRAs lies in the attractive tax benefits they offer. Depending on the type of gold IRA you open, you can enjoy favorable tax treatment either during the contribution phase or when you eventually withdraw your funds. For traditional IRAs and Simple Employee Pension (SEP) IRAs, contributions are not taxed, providing an immediate advantage for investors. In contrast, Roth IRAs tax contributions but offer the promise of tax-free withdrawals. Additionally, traditional and SEP IRA contributions are tax-deductible, further enhancing their appeal to investors seeking to maximize their gains. Shielding Your Assets From The Ravages of Inflation In times of economic uncertainty, where the value of the dollar can fluctuate unpredictably, gold presents a historically reliable hedge against inflation. History has shown that gold prices tend to rise when the dollar's value declines, making it an attractive long-term investment. Gold values have proven resilient against interest rate fluctuations, offering stability and solid returns. By incorporating gold into your retirement portfolio through a gold IRA, you can shield your portfolio from the erosive effects of inflation, ensuring that your wealth retains its value over time. A Safe Harbor Amidst Market Turmoil? In today's fast-paced and interconnected world, financial markets are prone to sudden swings and unexpected turbulence. Stock and bond investments can be particularly vulnerable, experiencing significant volatility during economic downturns. However, gold prices have historically displayed a tendency to hold steady during periods of economic turmoil, making gold IRAs an oasis of stability in an uncertain landscape. Strategic Diversification For Sustainable Returns Many experts say the key to successful investing lies in building a well-diversified portfolio, leveraging the strengths and advantages of different asset classes. While high-risk, high-reward investments have their place, a prudent and balanced approach is essential. Gold, as a more conservative asset, plays a crucial role in creating a diversified investment portfolio. While gold very often won’t witness rapid appreciation, the metal is effective at mitigating risk and enhancing stability – preventing extreme losses during turbulent market conditions. By incorporating gold IRAs into your investment strategy, you can strike the optimal balance between growth and security, multiplying the potential for sustainable returns. Choosing The Right Gold IRA Firm – An Option To Consider One leading IRA worth considering is offered by Preserve Gold, a U.S.-based precious metals firm with 0 BBB complaints and excellent reviews. The company specializes in helping individuals and families diversify and protect their wealth through tangible precious metals. The firm provides a selection of gold, silver, platinum, and palladium coins and bars. Preserve Gold distinguishes itself through its focus on three core principles: integrity, transparency and consistency. These principles serve as the company’s foundation for long-lasting customer relationships and reinforce the company's commitment to providing trustworthy and reliable services. To ensure a smooth and secure purchasing process, Preserve Gold offers an informed and easy way to acquire precious metals. The company's knowledgeable team assists clients in making educated purchasing decisions while prioritizing security and ease of transaction. A gold IRA can be an excellent addition to a retirement portfolio. It offers numerous benefits that can help you protect and grow your savings over time. When deciding to invest in a gold IRA, having a trusted partner like Preserve Gold is key to achieving your financial goals. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

Has ARKK Been Oversold? Traders Are Doubling Down On A Potential Innovation Recovery With This Leveraged ETF

Benzinga

By Rachael Green, Benzinga ARK Innovation ETF (NYSEARCA: ARKK) was an investor darling in the first year of the pandemic with its robust portfolio of COVID-era winners like Zoom (NASDAQ: ZM). But the disruptive tech ETF took a beating in 2022, falling more than 67% throughout the year. However, this year, ARKK seems to have begun a slow and arduous recovery, gaining over 40% year-to-date despite a widespread selloff this summer. Still, it’s far from its 2020 peak of over $150 per share, and some bullish investors believe the partial recovery this year is a sign that the ETF is ready to regain its former glory. Here’s what’s behind that bullish outlook. A Potential Upcoming Pause In Rate Hikes As Economic Data Gives Cause For Optimism Investors remain optimistic that the Federal Reserve will pause interest rate hikes at its upcoming meeting on September 20. In August, key economic indicators were largely mixed but still suggested that inflation was cooling overall. While consumer prices rose from 3% in June to 3.2% in July, core inflation – consumer prices with food and energy prices stripped out– declined slightly from 4.8% in June to 4.7%. And it’s that core inflation that the Federal Reserve wants to see come down to its 2% target. If interest rate hikes are paused, the macroeconomic tailwind this month could add more lift to ARKK which has already begun recovering some of its August losses. Despite Investor Exodus, ARKK Still Has A Potentially Promising Growth Portfolio ARKK may have missed the explosive AI-generated growth of Nvidia (NASDAQ: NVDA), but the top 10 holdings are dotted with underdog growth stocks. For example, the app and game developer platform Unity Software (NYSE: U) just landed a deal this summer to use Unity’s gaming software in Apple’s (NASDAQ: AAPL) upcoming virtual reality headset, Apple Vision Pro. Zoom, the video communications platform that’s been relatively neglected by investors after its pandemic-era boom, has been building up a stockpile of cash that now sits at about $6 billion. It’s planning to use that to grow its enterprise vertical, one of its most successful segments. It’s also spending some of that on new AI-enhanced features, like the new AI Companion, a built-in AI-powered assistant that can catch you up on meetings if you’re late, auto-generate meeting summaries, and even give you feedback on your conversational and presenting skills. You Can Potentially Magnify Your Bullish ARKK Views With the AXS 2X Innovation ETF For investors who see the summer tumble as a hiccup in ARKK’s overall upward trajectory, AXS Investments has designed a unique leveraged ETF just for you. The AXS 2X Innovation ETF (TARK) seeks 200% of the daily performance of the ARK Innovation ETF. That 2x leverage gives investors a chance to turn the ETF’s slow and rocky recovery into more substantial gains. That added leverage does increase the risk of using TARK, so it’s important to use it for short-term trades, such as the potential upswing following the Fed’s upcoming meeting. But when used carefully, TARK is a useful tool for traders who are staunchly bullish on disruptive tech and see the periodic panicked selloffs as an opportunity to find yield. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 20, 2023 09:00 AM Eastern Daylight Time

First Human Clinical Trials Of A Potentially “Game-Changing Broad Spectrum Antiviral” Are Progressing Successfully – Drug Could Treat COVID, RSV And Many Other Respiratory Viruses

Benzinga

By Rachael Green, Benzinga As COVID cases begin to rise again, heralding the beginning of another COVID wave, new variants have appeared leading this wave. EG.5 (“Eris”) is currently in the majority in the U.S.A, but a very different variant, BA.2.86 (“Pirola”) is already rising in the number of cases. BA.2.86 carries more than 30 changes in its spike protein, as well as changes in other proteins. Scientists believe it is questionable whether the newest booster vaccine shots would be effective for this one. The newest vaccines are “single-agent” targeting the XBB variant. It is not known how effective the approved drugs (mainly Paxlovid - Pfizer Inc. (NYSE: PFE)) would be against this new variant, and further on, as the virus keeps changing. It is now clear that the SARS-CoV-2 virus is here to stay, and that it will keep changing as it continues to learn to avoid vaccines and antibodies and our own immune systems and continues to learn to resist existing old-fashioned drugs. Even without new variants, for clinically vulnerable patients COVID has always continued to be a terrifying reality. In light of this, the broad-spectrum antiviral that is based on a novel nanomedicines platform being developed by one emerging drug company could be promising. NanoViricides, Inc (NYSE American: NNVC ) announced that it has made progress on its Phase 1a/1b clinical trial of NV-CoV-2, a novel antiviral drug candidate that has the potential to treat all strains of the coronavirus. The clinical-stage biotech reported that the safety and tolerability parts of the trial testing the antiviral in healthy subjects is nearly complete and it’s now preparing for the efficacy and dose optimization part of the trial with COVID patients. NanoViricides Broad Spectrum Antiviral Could Change How We Treat Viral Infections So far, NanoViricides has built a robust foundation of promising preclinical research that demonstrates the unique antiviral platform’s potential to treat not just COVID-19 but a wide range of other common and hard-to-treat viral diseases like other coronaviruses, RSV, shingles, herpes, rabies and the flu. The reason it could have such broad applicability is because the NanoViricides platform was specifically designed to target a particular binding site that’s common across many viruses and doesn’t change even as a virus mutates. Essentially, the nanoviricide platform mimics the binding site on a human cell that a virus would normally target in order to infect that cell. Then it seeks out the virus and when the virus binds to the nanoviricide instead, the drug candidate immediately engulfs the virus, where it’s unable to infect the patient’s cells or reproduce. The First Of These Drugs Is Now In Human Phase 1a And 1b Clinical Trials The Phase 1a/1b clinical trial includes single-ascending dose (SAD) and multiple-ascending dose (MAD) safety and tolerability studies in healthy subjects. NanoViricides reported that 26 of the 36 volunteers in the SAD study and 17 of the 36 volunteers in the MAD study have already completed the program. And so far, the early data looks promising. Neither adverse events nor serious adverse events have been found to date in either study. "The excellent safety and tolerability of NV-CoV-2 in both formulations in the clinical trials is consistent with the results of pre-clinical animal studies, giving us confidence that our preclinical animal studies can be expected to be predictive of human clinical trials,” said NanoViricides Executive Chairman and President, Anil R. Diwan, Ph.D. Ongoing Phase 1a And 1b Clinical Trials Will Give First Indication Of Nanoviricides Efficacy In Humans With that baseline of safety and tolerability, the next part of the trial is to enroll COVID patients in the trial and start evaluating whether the positive preclinical effectiveness results for the drug will translate to human trials. Once this trial is finished, NanoViricides plans to seek permission to move into phase 2 clinical trials from multiple regulatory agencies worldwide. Of note, the same drug was found to be effective in pre-clinical studies against another important respiratory virus, RSV. Such a broad spectrum antiviral effectiveness is reminiscent of the development of antibiotics against bacteria. This could be a game-changing development in antiviral therapeutics. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

September 19, 2023 09:25 AM Eastern Daylight Time

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