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Crypto Corner Podcast 737: Stocks discussed: (TSX: GLXY) (NasdaqCM: EQOS) (TSXV: CSTR)

Galaxy Digital Launches Solana Funds, EQONEX SA Reports Strong Asset Growth After Two Years, and CryptoStar Closes Acquisition of Neuro Digital

 

Point Roberts, WA and Delta, BC - December 16, 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.

Listen to today's Crypto Corner Podcast:

https://www.investorideas.com/Audio/Podcasts/2021/121621-CryptoMarket.mp3

Crypto Corner Podcast 737: Stocks discussed: (TSX: GLXY) (NasdaqCM: EQOS) (TSXV: CSTR)

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Stocks discussed: (TSX:GLXY) (NasdaqCM:EQOS) (TSXV:CSTR)

Galaxy Digital Holdings Ltd. (TSX:GLXY) has announced the launch of the Galaxy Solana Funds (SOL1), passively managed funds that seek to track the performance of the newly-launched Bloomberg Galaxy Solana Index. The Index is accessible on the Bloomberg Terminal via the ticker SOL INDEX. Steve Kurz, Global Head of Asset Management at Galaxy Digital, said:

"The crypto economy is on an exciting growth trajectory, and we're meeting the opportunity by thoughtfully expanding our product suite to provide access to the institutional-grade portion of the digital asset class. Solana has a compelling use case, a strong technological foundation, and is of increasing interest to crypto investors."

EQONEX SA, the asset management arm of EQONEX Limited (NasdaqCM:EQOS), has reported a tenfold growth in assets since its inception two years ago, and currently oversees more than $30 million USD. Richard Byworth, the CEO of EQONEX, said:

"EQONEX SA offers a unique value proposition in the marketplace, bringing together a team with unparalleled industry expertise with the power of the broader EQONEX cryptocurrency ecosystem which provides regulated infrastructure and products. The business has realized fantastic performance metrics on a predominantly market neutral strategy, demonstrating why traditional hedge fund investors are increasingly looking towards crypto alpha strategies."

CryptoStar Corp. (TSXV:CSTR) has closed the previously announced acquisition of Neuro Digital Inc.,a data centre operator specializing in GPU mining, Decentralized Finance (DeFi) and AI solutions. According to the press release, Neuro Digital "currently has an aggregate self-mining Hashrate of 83,162 MH/s from GPU miners running in Quebec, Canada." David Jellins, CryptoStar's President and CEO, commented:

"We are delighted to welcome Neuro Digital to the CryptoStar family, and more specifically, we are excited to incorporate the extremely talented team at Neuro Digital with a proven expertise in Ethereum (ETH) mining, AI solutions and DeFi. This acquisition ensures our expansion of green operations in Quebec, Canada and is another step toward transitioning our operations to renewable sources."

Sam Mowers, Investorideas

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