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Atani Defies the Crypto Winter and Secures $6M in Funding for Its New Broker

Atani

Atani was recently authorized by the Bank of Spain as a provider of exchange services for virtual assets and fiduciary currency, and as a custodian of electronic wallets. Atani has launched its own exchange brokerage service, giving users access to the combined digital assets and liquidity of the top global crypto exchanges from a single account. The funds will allow Atani to grow its exchange service and accelerate its international expansion. Spain-based crypto fintech startup Atani, is announcing the successful completion of a funding round of $6 million. The round has been led by Cometa, the Mexican venture capital fund, and has been participated by JME Ventures, Conexo Ventures, and CDTI, along with a roster of business angels experts in Web3, such as Neil Cunha-Gomes, Head of FinTech & Crypto for EMEA at Softbank. Trusted by over 300,000 traders around the globe, Atani is the crypto broker where any crypto asset can be found and traded. Users can securely buy and sell thousands of tokens across the world's leading exchanges, analyze the markets, and manage their portfolios - all from a single account. Atani was founded in 2019, serves users from more than 200 countries, processes more than 1,500 million in trading volume, and was recently granted the regulatory authorization by the Bank of Spain, as a Virtual Assets Service Provider. This authorization has enabled Atani to launch its own exchange service with the greatest regulatory guarantees. “Before Atani existed, crypto traders had to open multiple accounts with different exchanges, devote countless hours to learn how to use each of them and get frustrated trying to do things as basic as executing an order or checking their balance. The crypto ecosystem was missing an experience similar to that of digital stock brokers” said Paul Barroso, Co-founder & CPO of Atani. “We founded Atani back in 2019 driven by a long-term vision of making investing in crypto markets simple, efficient, and secure. Over the years, our team has proven its unique ability to deliver high-performing regulated financial infrastructure. In the current market context, we are more committed than ever to building the next generation of financial technology” added Haydée Barroso, Co-founder & CEO. “Atani has built infrastructure for the foundational use cases of web 3.0, transacted volumes and user activity validates the need for such a platform. Going forward, we are particularly excited about how they will enable crypto use cases for businesses: allowing them to expand their financial products offering to end users,” added Pepe Bolaños, Managing Partner at Cometa and early backer of Bitso, Latin America’s first crypto unicorn. Atani combines the liquidity and assets of the different crypto exchanges, automatically routing each trade to the platform that offers the best price, allowing its clients to access all the cryptocurrencies in the market from a single account. The service is currently available in more than 200 countries. The company will use the funding to accelerate the growth of its exchange brokerage service and expand globally. About Atani Atani is the crypto broker where you can find and trade any cryptocurrency. Atani was founded in 2019 by siblings Paul and Haydée Barroso, crypto investors since 2013, to offer a solution to the fragmentation of the blockchain ecosystem. Today, more than 300,000 traders around the world trust Atani to buy and sell thousands of cryptocurrencies, on the world's largest exchanges - all from a single account, and always at the best price. With Atani, users can also manage their portfolio, their accounts from different exchanges and wallets, invest with advanced trading and technical analysis tools, receive price alerts, and automate their reporting. All in one place. Atani is top-tier developer of regulated financial infrastructure in Europe, the company is authorized as a Virtual Asset Service Provider (VASP) by the Bank of Spain and has the support of leading venture capital funds such as JME Ventures, Cometa, Conexo Ventures and Encomenda Smart Capital. Contact Details Atani press@atani.com

October 24, 2023 08:30 AM Eastern Daylight Time

Cornerstone FS raises full-year guidance as momentum continues to build

Cornerstone FS PLC

Cornerstone FS PLC chief executive James Hickman joined Proactive's Stephen Gunnion to discuss a positive trading update from the foreign exchange and payments group. The company has raised its revenue and underlying profit forecasts, maintaining strong momentum throughout its fiscal year. It attributed the strong performance to enhanced sales strategies, which involved a shift from selling as a software-as-a-service (SaaS) product to other FX firms to directly targeting markets. With an expanded sales team and strategic hires, the company has seen significant growth in its UK sales sector. Despite these investments, Hickman emphasized the company's dedication to controlling costs, ensuring funds are allocated to areas promising substantial returns. The AIM-listed company has prioritized investments in operational systems, compliance, and regulatory aspects, particularly focusing on streamlining the onboarding process. It also reported an increase in average transaction values and expects this trend to continue incrementally. Cornerstone is expanding its reach, adding more currencies and countries to its offerings, and leveraging partnerships for cost-effective implementations. Hickman remains optimistic about the company's future, emphasizing its commitment to providing customers with diverse currency options. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 24, 2023 08:23 AM Eastern Daylight Time

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Greatland Gold announces plans to de-risk Havieron development by managing water extraction

Greatland Gold PLC

Greatland Gold managing director Shaun Day joined Proactive's Stephen Gunnion with details of a plan to de-risk the development of its Havieron gold-copper project located in Western Australia by temporarily pausing the project to manage the water extraction from an aquifer above the main orebody. Day told Proactive the company has successfully navigated over two kilometres of decline, ramping towards the top of the ore body. This progress involved mining through three layers of aquifers, leading to the announcement about recalibrating the time required to water the lower contained aquifer. The company intends to continue the decline route while focusing on ventilation development. This pivot prioritizes depressurization and dewatering of the lower contained aquifer to ensure safer mining conditions. Previously, the goal was to complete this phase and the feasibility study by June 2024. However, with the focus on risk management and safety, Day said the revised estimate is now the September quarter of 2024. This decision, endorsed by their joint venture partner Newcrest, is seen as a mere "speed bump" in the larger scheme. Day also announced the world's leading gold miner, Newmont, will soon join the joint venture, further amplifying the project's potential. The company also plans to update the JORC mineral resource by the end of this year, followed by the completion of the ventilation system and feasibility study. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 24, 2023 08:18 AM Eastern Daylight Time

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Tirupati Graphite rallies on China's move to restrict exports

Tirupati Graphite PLC

Puruvi Poddar, chief of business and corporate development at Tirupati Graphite PLC, joined Proactive's Stephen Gunnion to shed light on the global graphite market's dynamics and the company's strategic position. The company's shares jumped 25% on Monday on news that China was tightening its grip on supplies, before continuing their rise on Tuesday. Poddar emphasized the critical status of graphite, highlighting its significance as the largest constituent in electric vehicle batteries. She said the recent move by China to implement export controls on graphite has intensified its global demand, given China's dominant position in the supply chain. Currently, while 70% of natural flake graphite is produced in China, Tirupati Graphite is one of the few companies expanding production outside China, with operations in Madagascar and upcoming ventures in Mozambique. Poddar revealed that the company aims to capture 8% of global supply by 2030. She also mentioned that the demand for flake graphite is projected to surge, potentially quintupling over the next decade. On the supply side, Tirupati Graphite has been successful in consistently growing its production, capitalizing on its technological expertise. The firm has also established diversified off-take agreements with companies worldwide, catering to both industrial and energy transition applications. Poddar anticipates a rise in flake graphite prices due to increasing demand and supply bottlenecks. Contact Details Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

October 24, 2023 08:13 AM Eastern Daylight Time

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BestGrowthStocks.Com Issues Extensive Comprehensive Analysis on Marathon Digital Holdings, Sighting Several Significant Events Ahead

Marathon Digital Holdings Inc

Best Growth Stocks, a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing exclusive ai-assisted research recently issued a comprehensive analysis on Marathon Digital Holdings Inc. a leader in supporting and securing the Bitcoin ecosystem. Marathon Digital Holdings Inc. (NASDAQ: MARA) has been garnering a lot of attention from the investment community with up to 12 new Spot-Bitcoin ETFs coming online and other significant, recent, and anticipated events. Best Growth Stock's full report breaks through the noise and offers an extensive comprehensive analysis on Marathon Digital’s potential near-term catalysts, news events, earnings, growth strategy, and more. Access this full report: https://bestgrowthstocks.com/access-mara-analysis/ (copy and paste to browser may be required) About Marathon Digital Holdings Marathon is a digital asset technology company that focuses on supporting and securing the Bitcoin ecosystem. The Company is currently in the process of becoming one of the largest and most sustainably powered Bitcoin mining operations in North America. For more information, visit https://www.mara.com/ About Best Growth Stocks Best Growth Stocks is a leading independent equity research and corporate access firm focused on finding and reporting on the best growth stocks utilizing our exclusive ai-assisted research. BGS is also a financial news provider, focused on giving investors direct access to CEOs of promising, publicly-traded companies, and market experts. Our CEO interviews aim to answer the questions that rest on the minds of current and future shareholders. This is not to be construed as financial advice. Please consult with a licensed financial advisor before making any investment decisions. SOURCE: BestGrowthStocks.Com Contact Details Best Growth Stocks Steve Macalbry Editor@bestgrowthstocks.com

October 24, 2023 08:10 AM Eastern Daylight Time

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QBE selects Novidea’s insurance platform to support its Canadian growth strategy

Novidea

Novidea today announces that it has partnered with QBE Canada (QBE), part of the QBE Group, one of the world’s leading insurers and reinsurers with operations in 28 countries worldwide, to implement its born-in-the-cloud, data-driven insurance management platform. Canada is an important market for growth for QBE. The Novidea platform will enable the insurer to scale its business and manage the end-to-end customer insurance journey and policy management, with seamless automated workflows across the entire insurance distribution. Novidea’s powerful quote and bind functionality will enable QBE to provide greater value and service to their customers. At the same time, workflow, automation of bordereaux, and Novidea’s powerful integration capabilities will help to streamline processes, reduce manual work, and help drive optimization across the organization. Ben Hunter, Director of Canada, QBE, said: “ We selected Novidea because of their expertise in delivering global solutions within the insurance industry, including working with Lloyd’s. Their cloud-based platform’s end-to-end, data-driven capabilities will enable us to optimize our business processing whilst enhancing customer service.” Ben Potts, MD, UK, Novidea, said: “We are delighted to have been selected by international insurer QBE. Working together in partnership will be a game-changer, as our platform will support QBE’s ambitions in terms of customer service, operational efficiencies, and business development in the region.” The platform will also provide anywhere, anytime access to all relevant data and analytics, with a 360-degree view of the business and enhanced Management Information. About Novidea Novidea is the leading Insurtech provider of a cloud-native, data-driven insurance management system. Using an open API architecture, Novidea’s software platform enables brokers, agents, MGAs, and carriers to modernize and manage the customer insurance journey, end-to-end, and drive growth across the entire insurance distribution lifecycle. The Novidea platform, built to leverage the power of Salesforce’s Big Technology, provides a complete ecosystem spanning every aspect of an insurance business, including a 360-degree view of the customer and all stakeholders, enabling full integration between customer-facing policy transactions and the middle and back offices. Brokers, agencies, and MGAs extract more value from their customer and policy data with actionable intelligence from any device, anywhere. Novidea supports more than 100 customers across 22 countries. Contact Details Chameleon Collective Michelle Barry +1 603-809-2748 Michelle.barry@chameleon.co NextGen Communications Simon Hayes +44 7771 516544 simon@nextgencomms.com

October 24, 2023 08:00 AM Eastern Daylight Time

Avenue Z Hires Leading Digital Media and Technology Executive David Corchado to Lead Team in Global Strategy

Avenue Z

The Avenue Z Network, a Strategic Communications and Marketing Advisory, today announced the hiring of David Corchado as Chief Strategy and Technology Officer. Corchado joins the firm to spearhead technological advancement and utilization of data science, following a successful run as Chief Technology Officer of B2B communications firm Investis Digital (acquired by Investcorp). Based in Avenue Z’s New York office, Corchado will work closely with the New York and Boston teams to further the advisory’s Health Technology Practice. "David's expertise in digital media optimization, agile tech stack development, analytics, and cyber-security will be instrumental in driving the next phase of growth for Avenue Z,” said Jeffrey Herzog, CEO of The Avenue Z Network. “This move strengthens Avenue Z’s technology teams, providing strong leadership for our work in digital transformation and accelerating our advantage in building Pharmaceutical and Life Sciences technology programs” continued Herzog. With Corchado joining the executive team, Avenue Z brings on a proven talent that has led global digital transformation projects for consumer brands including Estee Lauder, Toyota, and LG. While at Investis Digital, Corchado led technology strategy and product development, including building the Connect.ID and IDX Virtual Events platforms into solutions recognized by Forrester and used by major brands such as Ocado, Rolls-Royce, Brookfield Partners, Snap, CVS, Vodafone, and Lowes. During his career with iCrossing & TBWA\Chiat\Day Corchado focused on digital media for pharmaceutical advertising and led optimization projects for Merck, Sanofi, GSK, Novartis, and Pfizer. “Building a modern marketing technology stack is now less about writing original code and more about connecting best-of-breed solutions through APIs. We are building bespoke solutions for clients based on their vertical, channel and sustainability goals. Brands are already demanding more efficiency as a result of AI, and my priority is to deploy workforce analytics and smart applications that boost our productivity and quality. With that, we will truly be able to disrupt traditional PR, where the future of digital influence will be machine-driven, but human optimized," said Corchado. The Avenue Z Network is a strategic communications & marketing advisory focused on brand performance and business growth. Avenue Z works with mission-driven brands to create an integrated narrative through public relations, search and social branding, influencer marketing and performance media. Avenue Z provides clients with the platform they need to gain exposure and activate messages across all media. The Company is headquartered In Miami, FL with offices in Orlando and New York City. For more information visit www.AvenueZ.com Contact Details Avenue Z Allie Rosenfeld press@avenuez.com

October 24, 2023 07:58 AM Eastern Daylight Time

Sonoro Gold looking to build "small operation with big returns" — analyst

Sonoro Gold Corp

Proactive Research Analyst Ryan Long speaks to Thomas Warner from Proactive London after publishing a new research note on junior gold explorer, developer and soon to be gold producer Sonoro Gold Corp (TSX-V:SGO, OTCQB:SMOFF). The company recently announced the filing of a Preliminary Economic Assessment (PEA) for the Cerro Caliche Project in Mexico, and Long explains that unlike the conventional journey from a PEA to a PFS, followed by a DFS, Sonoro is swiftly advancing from the PEA straight to production. This exceptional move he attributes to the low estimated capital expenditure ($15.5mln) for building the oxide project, and says the strategic decision aims at getting swiftly into production and creating a self-financing mechanism for its regional exploration. Although a relatively small operation, this venture is forecasted to yield around 33,000 ounces of gold equivalent over a nine-year span, translating to roughly $60 million in revenue and an annual operating cash flow of $17 million. Contact Details Proactive Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

October 24, 2023 07:57 AM Eastern Daylight Time

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Immunic CSO hails "great" progress with MS program

Immunic Inc

Immunic Inc (NASDAQ:IMUX) Chief Scientific Officer Hella Kohlhof speaks to Thomas Warner at the Proactive London after returning from MSMilan2023, the 9th Joint ECTRIMS-ACTRIMS meeting. She shares some of the main talking points from the event, noting keen interest in forms of multiple sclerosis (MS) not characterised by relapses and saying that for Immunic, the most important was the focus on biomarkers. Shortly ahead of the conference Immunic had disclosed interim data from their phase two clinical study on progressive MS, revealing a significant decrease in neurofilament light chain compared to a placebo. Additionally, the company presented data from a phase two study in Relapsing Multiple Sclerosis (RMS), indicating promising results with only a 5.8% confirmed disability worsening rate. She concludes by saying that the company's MS program is going "great" overall, and expresses optimism about the direction of the company's research, emphasising the connection between their preclinical work and promising clinical trials outcomes. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

October 24, 2023 07:51 AM Eastern Daylight Time

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