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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

ICICB and GAABU Invest in Futira Coin

Futira coin announced their partnership with ICICB (a multinational group of companies operating in 126 countries) and GAABU, (Georgian Arabic African Business Union), in a deal that sees them investing in Futira LTD, both privately, and in the first issuance of the Futira coin.

Cryptocurrency Adoption Use Has Been Rising In Real Estate Transactions Industry

FinancialNewsMedia.com News Commentary – The real estate industry is rapidly changing dramatically as new technologies and services influence the way society completes real estate transactions. One of the emerging technologies of the last decade is cryptocurrency. The growing popularity of cryptocurrencies like Bitcoin and Ethereum has enabled some individuals to sell or buy a house with cryptocurrency as the sole medium of exchange. Buying a home with cryptocurrency like Bitcoin is becoming more common. In fact, some believe that cryptocurrency will revolutionalize the future of real estate transactions.

Foundry Launches FoundryX, a Marketplace to Match Buyers and Sellers of Bitcoin Mining Machines, Completing Over $125M in Sales in 2021

Foundry Digital LLC announced the launch of FoundryX, a marketplace that matches buyers and sellers of bitcoin mining machines. Buyers and sellers will have access to Foundry’s robust business intelligence on inventory, pricing, and demand. Foundry has built relationships with 200+ buyers and sellers, including public mining companies, family offices, and energy companies. Working with the major manufacturers and a network of resellers, Foundry has secured over 40,000 of the latest generation machines from both MicroBT and Bitmain, for immediate delivery through 2022.

KuCoin Reaches 10 Million Global Registered Users

KuCoin, the world’s leading crypto exchange, announced it has crossed the 10 million global users mark.

SGX Chain Launches New Digital “Gold Trading Platform

Samsung Goldex Co., LTD. announced on the launch of its new “gold-trading platform” where everyone can easily trade “digital gold” by using digital gold vouchers and SGX tokens.

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