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Crypto Corner Podcast 763: Stocks discussed: (NasdaqGS: GOOG) (NasdaqGS: FFIC) (CSE: GBLC)

Google Cloud Launches Digital Assets Team, Flushing Financial to Offer Bitcoin Services, and Graph Blockchain Completes Acquisition of Niftable


Vancouver, Kelowna, Delta, BC - January 28, 2022 ( Newswire), 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 763: Stocks discussed: (NasdaqGS: GOOG) (NasdaqGS: FFIC) (CSE: GBLC)


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Stocks discussed: (NasdaqGS:GOOG) (NasdaqGS:FFIC) (CSE:GBLC)

Google Cloud, a subsidiary of Google [Alphabet Inc. (NasdaqGS:GOOG)] has announced the launch of a Digital Assets Team. Revealed in a blog post from the company's VP of Financial Services, Yolande Piazza, the team is intended to "support ... customers' needs in building, transacting, storing value, and deploying new products on blockchain-based platforms," and "will enable ... customers to accelerate their efforts in this emerging space and help underpin the blockchain ecosystems of tomorrow." An excerpt from the blog post reads:

Blockchains and digital assets are changing the way the world stores and moves its information - as well as value. As an infrastructure provider, Google Cloud views the evolution of blockchain technology and decentralized networks today as analogous to the rise of open source and the internet 10-15 years ago. Just as open source developments were integral to the early days of the internet, blockchain is yielding innovation and value creation for consumers and businesses. As the technology becomes more mainstream, companies will need scalable, secure infrastructure on which to grow their businesses and support their networks.

Flushing Financial Corporation (NasdaqGS:FFIC) has entered into an agreement with NYDIG (New York Digital Investment Group) to offer bitcoin (BTC) services to its customers. The service is expected to launch in the first quarter of this year. Flushing's President and CEO John R. Buran said:

"As part of our ongoing digital transformation, we recognize the importance of staying current with emerging market trends and consumer demand for alternate financial services. Using NYDIG's innovative technology to provide seamless access through our relationship with Q2, our online banking provider, we will be able to offer our customers the ability to buy, sell, and hold bitcoin. This partnership provides our customers with a fully integrated solution to conduct bitcoin transactions in a safe and secure environment."

Graph Blockchain Inc. (CSE:GBLC) has completed its acquisition of charity-focused NFT company Niftable Inc., rendering the latter as its wholly-owned subsidiary. Michael Yeung, Founder and President of Niftable, said:

"While NFTs were created to give artists management over their work, this has generated a flurry for art collectors looking to participate. As NFT art speculation increases, a growing number of charities have begun to explore fundraising efforts tied to NFTs. Niftables marries the charities with artists as a way to both reach a broader audience. We are excited to be joining the Graph family of companies adding another element of NFTs to their business."

Sam Mowers, Investorideas

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