Category: Alphabet

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From Microstrategy to Gamestop — Backed Introduces 5 New Tokenized Equities

July 16, 2024

Backed, a firm specializing in real-world asset (RWA) tokenization, has launched five new tokenized equities. The newly introduced tokens represent stocks of prominent companies, offering non-U.S. investors exposure to these assets via blockchain technology. RWA Firm Backed Launches 5 Tokenized Stocks Backed‘s new tokenized equities include bMSFT (Microsoft), bGME (Gamestop), bMSTR (Microstrategy), bTSLA (Tesla), and…
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Bitcoin Becomes 12th Largest Asset Worldwide by Valuation, Surpassing Visa

March 15, 2023

After dropping below $26,000 per unit, the price of bitcoin, the leading digital asset by market capitalization, is still up 9.6% since last week. However, its price has decreased by 6.5% in the last 24 hours. Out of the 7,316 companies, crypto assets, precious metals, and exchange-traded funds worth more than $82 trillion in value,…
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Google feels the bear market as crypto ad revenues slip since July

October 26, 2022

Alphabet’s revenue from Google advertising was down in Q3 2022, with decreased search spending from financial services and cryptocurrency subcategories highlighted. The latest earnings call from Google’s parent company, Alphabet, highlighted decreased search advertising spending from financial services and cryptocurrency subcategories. Alphabet released its earnings report for Q3 on Oct. 25, outlining a 6% increase…
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Content Subscription Service Onlyfans Adds Ethereum-Based NFT Profile Feature

February 12, 2022

The internet content subscription service Onlyfans has announced the launch of a feature that leverages non-fungible token (NFT) technology. The newly-added feature, introduced on Thursday, gives Onlyfans members the ability to display authenticated NFTs as their profile pictures. Onlyfans Steps Into the Realm of NFTs The London-based content subscription service Onlyfans is well known for…
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MicroStrategy’s Bitcoin treasury exceeds cash held by 80% of S&P 500 non-financial companies

September 15, 2021

The Nasdaq-listed company recently announced it added another 5,050 Bitcoin to its coffers for about $242.9 million. The value of MicroStrategy’s massive Bitcoin (BTC) holdings has surpassed what most S&P 500 companies hold in their cash treasuries. The Nasdaq-listed enterprise software firm purchased an additional 5,050 Bitcoin for about $242.9 million, raising the value of its 114,042…
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