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Crypto Corner Podcast 710: Stocks discussed: (NYSE: BKKT) (TSXV: VOYG) (CSE: HP)

Bakkt to Add Ether to Network, Voyager Digital Integrating with Avalanche, and Hello Pal Reports Record Quarterly Revenue

 

Point Roberts, WA and Delta, BC - November 5, 2021 (Investorideas.com Newswire) 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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Crypto Corner Podcast 710: Stocks discussed: (NYSE: BKKT) (TSXV: VOYG) (CSE: HP)

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Stocks discussed: (NYSE:BKKT) (TSXV:VOYG) (CSE:HP)

Bakkt Holdings, Inc. (NYSE:BKKT) has announced that, starting soon, it is offering users and partners the ability to buy, sell, and hold Ether (ETH), the cryptocurrency of the Ethereum network. This will also allow users to send the cryptocurrency to family and friends directly through the Bakkt App. Bakkt CEO Gavin Michael commented:

"At Bakkt, providing flexible opportunities for users to enjoy their digital assets is a top consideration, and adding Ethereum brings a popular and growing cryptocurrency to our roster. Bakkt users have already enjoyed the app's capabilities to leverage bitcoin and we are confident that our addition of Ethereum will be a complement to our growing ecosystem of partners and assets."

Voyager Digital Ltd. (TSX:VOYG) is integrating with smart contracts platform Avalanche to include transfers and staking of AVAX - the latter's public blockchain - into its brokerage platform. Steve Ehrlich, CEO and Co-founder of Voyager, said:

"By building out a wide range of new Avalanche capabilities on the Voyager platform, we are creating more wealth-building tools for our customers, including the ability to transfer and stake AVAX, Avalanche's native token, to earn rewards. We're also looking to increase DeFi and NFT functionalities on our platform through Avalanche's high-performing technology, which instantly processes thousands of transactions within a second. We're excited for this collaboration and can't wait to roll out joint products on our platform."

Hello Pal International Inc. (CSE:HP) has filed its interim financial statements and management discussion and analysis for the period ended August 31, 2021. The company, which is described in the press release as "a provider of rapidly growing international live-streaming, language learning and social-crypto platform," posted a total revenue of $14,655,610, which include a net revenue of $1,449,335 for cryptocurrency. KL Wong, Founder and Chairman of Hello Pal, said:

"We are very pleased to see the progress we have made as a Company, and believe that the results are evident in the financial figures. We are particularly excited in the continued internationalization of our business, as reflected in our expansion of livestreaming services outside China and the integration of cryptocurrency into our platform through our newly launched crypto-mining operations."

Sam Mowers, Investorideas

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