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A Strong Rally in Gold Marks the Launch of NVM Token Sale on July 15th

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NovemGold, a better way to buy gold, has announced it is holding its first public sale of NVM utility tokens. The first round of the sale will begin on July 15. This will be users’ first opportunity to buy Novem Gold NVM tokens which will provide a discount of 2% on Novem NNN Gold tokens, as well as discounts of up to 5% on gold bullion.

Novem Gold’s sale coincides with gold prices having surged to their highest in more than five years, finally breaking the $1,350 barrier. Experts are saying that the rally in gold could be a sign of a global economic crisis driven by trade and currency wars between the U.S., Europe, and China. The rally is expected to continue as weakening fiat currencies face inflation, debt crisis, and changing monetary policy.

Cryptocurrencies are another safe haven for investors looking to be free of uncertainties related to the state. Bitcoin has reached another high for 2019, and Facebook’s Libra is bringing cryptocurrency to mainstream awareness with its 2.38 billion users.

“Economic uncertainty is again driving people looking for a way to store wealth that is safe and independent of the state. Conditions have led to a rise in gold and cryptocurrency prices — and created a perfect time to buy NVM,” Andreas Kalteis, CEO of Novem Gold said.

“By purchasing NVM tokens now, you will be perfectly positioned to get the best possible prices on NNN tokens, an investment in gold which has greater redeemability than any other gold token and is staked to the value of gold bullion, which has endured for thousands of years.”

Novem Gold is an extension of a decades-old business trading gold in Austria. They will open 100 retail outlets all over Europe. NVM tokens are usable at retail outlets as well as on blockchain.

Novem Gold will use the profits from the retail outlets to burn as many NVM tokens as possible, decreasing the supply while demand grows for NVM tokens due to the discount it offers on Novem NNN Gold tokens.

There are three stages to the NVM sale and prices will increase with every stage.

  • At the Pre-Sale Stage of the NVM sale, starting July 15, 2019, users can buy NVM tokens using Euros, Swiss Francs, BTC, ETH, NEO, and GAS.
  • In the First Stage, starting August 15th, tokens will be available for users of NEO and GAS, to show our support for NEO’s vision of a smart economy based on digitized assets.
  • In the Second Stage of the NVM sale, starting August 20th, users will again be able to purchase NVM tokens using Euros, Swiss Francs, BTC, ETH, NEO, and GAS.

The NVM utility token provides users the ability to trade gold through selling and purchasing Novem NNN Gold tokens which are directly backed by and redeemable for LBMA-certified gold bullion. NVM tokens are the key to optimizing gold and blockchain investments because they deliver a discount from the initial price of the Novem NNN Gold Token when that sale begins.

Novem Gold is dedicated to bringing people everywhere a better way to buy gold on the blockchain. We are adding the trust, transparency, and security of blockchain to what has up till now been an outmoded and unpleasant buying experience. Buying gold through Novem, you know exactly what you are buying, the quality is verified, and of course, our NNN tokens can be redeemed at any time for real gold bullion.”

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Novem NNN token is the only fully-redeemable gold-token through which holders truly own the gold that backs their tokens — that gold is theirs to redeem even in the event of bankruptcy and national emergencies. Novem Gold has minted over $1.5 million in NNN tokens based on 37 kg of gold held in secure storage and more tokens will be minted as the gold placed in reserve is increased.

Novem has sold $3.65 million in NNN and NVM tokens to private investors.

Novem Gold NNN tokens are the first gold token on NEO blockchain. The NEO platform is ideal because it is a blockchain for “the smart economy” ideal for tokenizing real-world assets like gold.

To learn more about the Novem NVM sale, register here and read more at:

 

SOURCE Novem

Fintech PR

United Risk Names Amezquita, Cahill to Top Roles as Expansion Meets Market Opportunities, Challenges

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Accomplished executives add experience and depth to multiple aspects of complex financial, reinsurance and related operations

NEW YORK, April 14, 2025 /PRNewswire/ — Mr. Jamie Sahara, President, Applied Underwriters, has announced leadership appointments to continue to spur the growth of its United Risk group. Mr. Alex Amezquita has been named CFO of United Risk, succeeding Jay Cahill who has been appointed to head United Risk’s newly formed reinsurance division as its CEO. The appointments, effective immediately, will find Mr. Amezquita as CFO managing the financial operations of United Risk’s many divisions in key insurance, surety, and other specialty areas; Mr. Cahill, in turn, will commence the organization of the new multi-line reinsurance MGA and be set to serve brokers, cedents and other clients in property, casualty, cyber, and credit risk areas underwriting select placements for June, July and October 2025 renewals while establishing fully operational offices in New York, London and Bermuda for January 1, 2026 placements, according to Mr. Sahara.

“These key appointments underline the direction United Risk is taking as our dramatic growth across and within the various sectors we underwrite rapidly continues. We assemble top professional talent, and then we encourage them to lead in the specific area in which their considerable experience, accomplishment, and market intelligence lies,” according to Mr. Sahara, who added: “In Alex Amezquita we have a dynamic, driven financial leader with the serious hands-on experience of running complex businesses, from M&A to managing a global public company. In that same vein, Jay Cahill brings a lot of additional energy to our underwriting team, adding substantially to the combined power of the existing 28 thriving programs. United Risk’s program leaders have driven growth and adapted to actual market changes and challenges quickly and creatively. As the reinsurance market hardens, like our continuing and successful E&S strategy, when it makes sense, we will focus on offering reinsurance rather than insurance. This is a plan that Jay Cahill is uniquely qualified to execute.”

Mr. Amezquita stated: “This is an important opportunity allowing me to engage all of my experience and skills in an organization with strong and disciplined fundamentals that is building ambitiously upon a firm foundation. The future of United Risk is extremely promising, and I am pleased to join the team that will realize it.”

Mr. Cahill noted his personal passion for structuring reinsurance transactions for the benefit of brokers and their clients: “The hard reinsurance market poses challenges together with great opportunities for those with the right resources and a staff with ease and facility in deploying them. This will be the advantage our growing of the United Risk team will deliver.”

Alex Amezquita joins United Risk as CFO having served as CFO of Herbalife; as Senior Vice President at Moelis & Company, a global investment bank; and as a Principal, Centerview Partners, a boutique investment bank.

Jay Cahill, formerly CFO at United Risk, has been named CEO of United Risk’s newly formed multi-line reinsurance MGA. Prior to joining United Risk, Mr. Cahill served as Managing Director, Awbury, from 2021 to 2024, responsible for ceded reinsurance and third-party capital, specialty, professional lines, property retro underwriting and new business development. Prior to that he was global head of credit and financial lines at RenaissanceRe.

About United Risk Global (www.unitedrisk.global)

United Risk Global is an international property and casualty insurance underwriting and distribution platform independently owned and operated by its practice partners and affiliated with Applied Underwriters operationally and through its common and powerful brand identity. United Risk’s home office is located at 50 Rockefeller Plaza in New York.

About Applied Underwriters (www.auw.com)

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Applied Underwriters® is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions. As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength. Applied Underwriters operates widely throughout the US, UK, EU and Middle East. Its operational headquarters is located in Omaha, Nebraska.

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NYSE Content Advisory: Pre-Market update: NYSE President reassures U.S. market infrastructure is resilient

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NEW YORK, April 14, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on April 14th

  • Policy questions continued over the weekend after comments from President Trump and Commerce Secretary Howard Lutnick.
  • The S&P 500 is up early Monday after tariff adjustments last week led to record volatility on Wall Street.
  • NYSE President Lynn Martin recently assured the trading community that the NYSE has, “met the challenge posed by recent volatility.”

Read NYSE President Lynn Martin’s CNBC Op-ed Here

Opening Bell
MSNBC Films, Sky Studios, Paradine Productions, and White Horse Pictures celebrate the upcoming premiere of documentary series, “David Frost Vs.”

Closing Bell
Executives and guests of IonQ (NYSE: IONQ) celebrate World Quantum Day

Download the NYSE TV App and Subscribe Here 

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Cision View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-nyse-president-reassures-us-market-infrastructure-is-resilient-302427613.html

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Inveniam Acquires Hedgehog to Build Intelligent Data Infrastructure for Private Markets and Power Scalable Agentic AI

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NEW YORK, April 14, 2025 /PRNewswire/ — Inveniam Capital Partners, a leading data management platform for private market assets, today announced the acquisition of Hedgehog Invest Limited, an end-to-end digital platform for real-world asset investment. This strategic move advances Inveniam’s mission to provide the data infrastructure Agentic AI requires to access, scale, and analyze the world’s largest and least-digitized capital markets.

Inveniam and Hedgehog will accelerate AI adoption by transforming fragmented data into verifiable, auditable digital assets—powering automation, real-time pricing, and trusted analytics across tokenized securities, funds, derivatives, and ETFs.

“This acquisition is not about incremental efficiency—it’s about foundational transformation,” said Patrick O’Meara, Chairman and CEO of Inveniam. “With the Hedgehog team—comprised of multidisciplinary professionals with deep expertise in private markets, technology development, and blockchain solutions—we are able to scale our business more quickly. In addition, by integrating their existing infrastructure tools for tokenizing and distributing real-world assets, we are building the rails for digital, crypto, and cloud-based trading of alternative asset classes globally.”

With Hedgehog’s tokenization infrastructure now integrated, Inveniam delivers an AI-ready solution for structuring, trading, and distributing private assets across real estate, private credit, private equity, and infrastructure—bringing automation to traditionally illiquid markets.

“By joining forces with Inveniam, we’re transforming how private market assets are managed and traded,” said Michael Ward, Co-Founder of Hedgehog. “Our combined technologies will redefine the use of private datasets, paving the way for the systematic trading of private market assets,” said Rob Lamb, Co-Founder of Hedgehog.

This partnership addresses four major trends:

  • Growth of institutional private markets
  • Intelligent edge-based data systems
  • Rise of tokenized real-world assets
  • AI-powered data orchestration

About Inveniam
Inveniam is a data operating system for private market assets, bringing access, transparency, and trust to asset performance data. The company is building the foundation for scalable AI integration, data marketplaces in private finance, and the systematic trading of private market assets.

About Hedgehog
Hedgehog provides infrastructure for tokenized private asset investments, supporting both primary issuance and secondary trading, democratizing access to private markets through intuitive digital solutions.

www.inveniam.io

View original content:https://www.prnewswire.co.uk/news-releases/inveniam-acquires-hedgehog-to-build-intelligent-data-infrastructure-for-private-markets-and-power-scalable-agentic-ai-302427189.html

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