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Crypto Corner Podcast 815: Stocks discussed: (NYSE: MA) (NYSE: FIS) (OTC: DEFTF)

Nexo Partners with Mastercard for Nexo Card Launch, FIS Teams with Fireblocks to Accelerate Crypto Adoption, and DeFi Technologies Subsidiary Valour Approved for Swiss VQF Membership

 

Vancouver, Kelowna, Delta, BC - April 13, 2022 (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/2022/041322-CryptoMarket.mp3

Crypto Corner Podcast 815: Stocks discussed: (NYSE: MA) (NYSE: FIS) (OTC: DEFTF)

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Stocks discussed: (NYSE:MA) (NYSE:FIS) (OTC:DEFTF)

Digital assets firm Nexo has announced the official launch of the Nexo card, a "first-of-its-kind crypto-backed Mastercard (NYSE:MA) card" in select European markets. In addition to Mastercard, Nexo has partnered with embedded payment solutions firm DiPocket for the Nexo card. Antoni Trenchev, Co-founder and Managing Partner at Nexo, commented:

"Launching the Nexo Card in Europe in partnership with Mastercard and DiPocket is a big milestone for us and the latest proof of the immense synergy between the existing financial network and digital assets. This unique product will allow millions of people, first in Europe and then worldwide, to spend instantly without having to give up the potential of their cryptocurrencies, thus offering unprecedented everyday utility for the emerging asset class."

FIS (NYSE:FIS) has teamed with blockchain security service provider Fireblocks to "accelerate crypto adoption within the capital markets industry by enabling firms of all types to access the largest crypto trading venues, liquidity providers, lending desks and decentralized finance (DeFi) applications." Nasser Khodri, Head of Capital Markets at FIS, said:

"As digital currencies become more mainstream, capital markets firms will greatly benefit from a single destination that helps them manage many classes of digital assets. This exciting new agreement is a proof point of our commitment to invest in growing our digital asset capabilities for our global client base."

Valour Inc., the wholly owned subsidiary of DeFi Technologies Inc. (OTC:DEFTF), focussing on digital asset exchange traded products, has been approved for a Swiss VQF membership through the Switzerland-based DeFi Europe. Tommy Fransson, CEO of Valour, explained:

"We see a tremendous amount of development across the broker landscape with continued adoption and demand for ETPs and digital assets. In addition to ETPs, the most innovative brokers are searching for the possibility to offer crypto directly to their clients. With our state of the art infrastructure already in place, in combination with the transparency and trust that is a guiding principle for us at Valour, we see this as our next phase to leverage our existing operations that will enable us to support our counterparts."

Sam Mowers, Investorideas

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