Crypto Corner Podcast 820: Stocks discussed: (NasdaqGS: COIN) (CSE: BIGG) (TSXV: LQWD)
Coinbase Plans Purchase of BtcTurk, BIGG Provides Update on TerraZero, and LQwD FinTech Deploys New Routing Node in India
Vancouver, Kelowna, Delta, BC - April 21, 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.
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Crypto Corner Podcast 820: Stocks discussed: (NasdaqGS: COIN) (CSE: BIGG) (TSXV: LQWD)
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Stocks discussed: (NasdaqGS:COIN) (CSE:BIGG) (TSXV:LQWD)
Cointelegraph reports that Coinbase (NasdaqGS:COIN) has plans to purchase Turkish crypto exchange BtcTurk for $3.2 billion. This follows an announcement from Coinbase's CEO, Brian Armstrong, indicating plans for international expansion "in every country [they] can legally operate." Armstrong said:
"At Coinbase, we are laser focused on increasing economic freedom, because we believe that this is how we can have the biggest impact on the world. Everyone deserves access to financial services that can help empower them to create a better life for themselves and their families, and Coinbase is tasked with making this future a reality."
BIGG Digital Assets Inc. (CSE:BIGG) has posted an update on its portfolio company TerraZero Technologies Inc. TerraZero, according to the press release, is "a diversified, vertically integrated metaverse technology company," which "owns significant amounts of virtual land assets in multiple metaverse worlds." Dan Reitzik, CEO of TerraZero, said:
"We are tremendously excited about the progress of our studio, technology platform, and data analytics divisions. The studio continues working with Fortune 500 brands and companies, as they navigate their way into the metaverse. The launch of Amadea will be a significant milestone for TerraZero as it represents the first technology platform to be released that truly bridges the real world with the metaverse. The data analytics products are already proving to be invaluable to our brand clients and will continue to become more and more intelligent as the metaverse matures."
LQwD FinTech Corp. (TSXV:LQWD) has deployed a new routing node in India, and now its ten global routing nodes have collectively reached over 10,000 transactions forwarded. According to the press release, "industry experts estimate the country to have more than 20 million crypto investors." LQwD CEO, Shone Anstey, said:
"We are experiencing excellent transaction growth since launching our first nodes in November 2021. The launch of our Indian routing node is yet another step in securing a strong presence on Bitcoin's [BTC] Lightning Network."
Sam Mowers, Investorideas
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