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Stockal to Offer Global X’s Thematic ETF Model Portfolios to Empower Indian Investors

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Stockal, India’s leading platform for global investments, announced today that they will begin offering its investors access to a variety of Global X’s ETF model portfolios on the Stockal platform. Global X ETFs, a New York-based exchange traded funds (ETFs) provider offers a range of model portfolios that include exposure to high growth disruptive themes, and are tailored to meet certain levels of risk tolerance. The addition of the Global X’s strategies will help Stockal strengthen its product ‘Stacks’ which at present consists of various options like ‘Thematic Stacks’, ‘Expert Stacks’, ‘Risk-adjusted Stacks’ and ‘Industry Stacks’.

Commenting on the development, Vinay Bharathwaj, Founder and Executive Chairman, Stockal, says, “Stockal is creating an entire ecosystem where Indian investors can trade skillfully and make informed portfolio choices that help them grow their money and absorb market shocks in the dynamic world of today. While designing the product – Stacks, we wanted to ensure that we have “A Stack for everyone” by analyzing investor personalities and building customized portfolios to encourage more individuals to start investing in the US stock markets. Our partnership with Global X would undoubtedly enable us to expand our subscriber base and help us double the number of transactions the Indian investor makes in the coming months.”

Jon Maier, Global X ETFs’ Chief Investment Officer, added: “Our aim at Global X ETFs has always been to support investors’ efforts to achieve their investment goals. We believe providing thoughtfully constructed portfolios designed for an evolving modern global economy is key to achieving that aim. Just this year we’ve seen many years’ worth of change in only a few months. Our shifting circumstances and levels of disruption seen in areas like cloud computing, cybersecurity, and fintech, validates the importance of thematic investing – be it a standalone portfolio, or a component of a larger asset allocation. We are thrilled that these strategies are being made available to Indian investors for the first time.”

After breaking all records by processing around USD 2 million worth transactions per day in the month of June, Stockal has yet again recorded a growth of 150% m-o-m in their business and established themselves as the largest platform for retail cross border investments in India. Despite the tumultuous market conditions, Stockal has processed over USD 135 mn worth of transactions in the last six months, manifesting the demand for overseas investment in stocks from India. The New York headquartered company has powered entities like Motilal Oswal, HDFC securities, Alankit and Cubewealth to help their customers invest in expert-built portfolios in the US Market with a click of a button. In the past few months starting from April, they have added a fair share of HNIs and millennials in their subscriber base to enable them to invest in top performing stocks like Microsoft, Tesla and Zoom with an average return of 15-20% on their investments.

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COCA Unveils Black November: Zero Fees on Swaps, Spending, and FX with the COCA Crypto Card

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HONG KONG, Nov. 5, 2024 /PRNewswire/ — This November, COCA is thrilled to announce its Zero-Fee Black November offer, delivering one of the most competitive zero-fee crypto wallet and card experiences in the industry. With zero fees on swaps, card spending, and FX, COCA is dedicated to helping users keep more of their crypto gains by reducing the costs that often come with swapping and spending cryptocurrencies in the real world.

Why COCA Leads the Way in Zero Fees

Most crypto apps, including Coinbase, Crypto.com, Revolut, and popular DEXs, add commission fees that reduce users’ earnings. COCA’s Zero-Fee Black November, however, offers the opportunity to transact with zero costs. Here’s how COCA stands out:

  • Zero Commission on Cross-Chain Swaps: COCA users can swap assets seamlessly across 13 chains with no commission fees.
  • Zero Fees on Card Spending: Every COCA card transaction—whether online or in-store—is fee-free.
  • Zero FX Fees Worldwide: COCA cardholders can shop at 80 million+ merchants with no foreign exchange fees, ideal for international spending.
  • No Membership Fees: COCA’s transparent structure means no annual card fees—users gain access to all benefits without hidden costs.

Earn Rewards with COCA Points

In addition to zero fees, COCA users earn COCA Points on every card transaction. These points can unlock exclusive rewards, including eligibility for an upcoming airdrop. This reward structure allows users to save with each transaction while gaining even more value with each purchase.

Zero-Fee Black November – The Perfect Time to Join COCA

Now through the end of November, users can secure COCA’s exclusive zero-fee offer by ordering a COCA card. COCA’s zero-fee structure, paired with COCA Points rewards, allows users to maximize savings and enjoy added benefits on every transaction.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

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Gateway Gulf’s Second Edition Concludes on a High Note with over USD 12 Billion of Announcements and Deals

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MANAMA, Bahrain, Nov. 5, 2024 /PRNewswire/ — A total of 32 landmark announcements and deals over USD 12 billion were announced at the second edition of Gateway Gulf 2024, which ran between 3 – 4 November. Organised by Bahrain Economic Development Board (Bahrain EDB), the forum was attended by 250 ministers and business leaders from around the world and highlighted significant trade and investment opportunities in Bahrain and the wider Gulf, as the region’s economies increasingly drive growth in non-oil sectors.

In finance, Al Salam Bank (ASB) announced the launch of ASB Capital, a newly established Category 3A asset management firm licensed by the Dubai Financial Services Authority (DFSA). Investcorp announced key investment related initiatives, and SICO Bank introduced diversified investment products. J.P. Morgan Payments announced plans to hire technologists in Bahrain. Additionally, Singapore Gulf Bank announced the launch of corporate banking services for the global digital economy.

Highlighting Bahrain’s digital transformation momentum, ARRAY Innovation signed three partnerships with the National Bank of Bahrain (NBB), Aluminium Bahrain (Alba), and the Labour Fund (Tamkeen) to promote advanced enterprise software, analytics, artificial intelligence, and machine learning solutions. Beyon unveiled its visionary digital city and signed a development agreement with Edamah.

In manufacturing, Alba and Daiki Aluminium reaffirmed their commitment to establishing a sustainable aluminium dross processing facility in the Kingdom of Bahrain. Racing Force Group and Bahrain International Circuit announced the completion of the Bell Racing Helmets factory extension and groundbreaking for its new open manufacturing production (OMP) facility. Meanwhile, Bapco Energies also announced reaching a decisive milestone of expanding its refining capacity in compliance with the latest sustainability regulations under Bapco Modernisation Program (BMP).

Key projects were announced by Edamah, the real estate arm of Bahrain Mumtalakat Holding Company, including the opening of its latest resort Hawar by Mantis. Infracorp, a leading company specialised in infrastructure investment and sustainable development, revealed an agreement with Kempinski to launch Harbour Heights Kempinski Hotel and exclusive branded residences in the heart of Manama’s exclusive Bahrain Harbour.

Government announcements included details from Bahrain’s Ministry of Industry & Commerce about a National Industrial Development Fund and SMEs Development Fund. The Ministry of Housing and Urban Planning outlined plans for the development of 3,000 residential units and apartments in Khalifa City, while Mumtalakat, Bahrain’s sovereign wealth fund, signed several partnership agreements across key verticals of their portfolio.

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FBOX Accelerates Growth and Innovation in the Cooling Industry with Strategic Initiatives

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DUBAI, UAE, Nov. 5, 2024 /PRNewswire/ — In an impressive demonstration of agility and foresight, FBOX has embarked on a series of transformative initiatives over the past two months, affirming its status as a pioneering leader in the cooling industry.

At the recent exhibition Bitcoin Amsterdam, FBOX introduced its revolutionary clean energy green mining solution. The innovation effectively addresses the critical challenge of unstable power output in renewable energy mining, showcasing the company’s commitment to sustainability and eco-friendly practices.

Following this significant launch, FBOX made a strong entry into the data center liquid cooling sector at Gitex Global in Dubai. This strategic move highlights the company’s advanced cooling technologies, meticulously designed to meet the evolving demands of modern data centers and ensure optimal performance, enabling broader applications of cooling technology across various industries.

The momentum continued at the Blockchain Life Dubai, where FBOX unveiled a specialized cooling solution tailored for the Antminer S21 immersion miner. This initiative underscores FBOX’s dedication to delivering customizable, state-of-the-art solutions for the cryptocurrency mining industry, reinforcing its adaptability in a rapidly changing industry.

Looking ahead, FBOX will be exhibiting at the upcoming SC 24, the International Conference for High Performance Computing, Networking, Storage, and Analysis in Atlanta, USA in November. With two strategically positioned booths showcasing its innovative data center liquid cooling products, the company signals its commitment to establishing a robust presence.

These swift advancements underscore FBOX’s dynamic growth trajectory and strategic focus on capitalizing on high-demand markets. As the company continues to innovate, it remains dedicated to fostering sustainable solutions and driving excellence in the cooling solutions industry.

About FBOX

FBOX is a leading solution provider in the cooling industry, renowned for its innovative immersion, hydro, and air-cooling products. Committed to advancing cooling technology, FBOX offers stable, high-performance cooling solutions that are highly compatible across diverse environments.

By enabling efficient overclocking while ensuring thermal stability, FBOX products are widely adopted in North and South America, as well as the Middle East, positioning the company as a trusted leader in the market.

For additional details, visit:

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Official Site: www.fboxdata.com 

LinkedIn: FBOXDATA

Twitter: FBOXDATA

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