Fintech PR
Next Cryptocurrency to Explode Wall Street Memes Presale Ends in 7 Days, Launches on Top Exchanges in 9 Days
NEW YORK, Sept. 18, 2023 /PRNewswire/ — There are only seven days left to buy Wall Street Memes, the most highly anticipated meme coin launch of 2023.
$WSM coin has already raised in excess of $25 million as its one million-strong community, with which Elon Musk interacts, seeks to monetize the GameStop stonks stock-democratizing movement and bring its verve to crypto.
According to the Wall Street Memes website, in nine days the first tier 1 centralized exchange (CEX) listings will take place, which according to unconfirmed reports, will feature at least two top 10 exchanges.
Speculation is rife as to which exchanges are in the frame, with at least one YouTuber chalking up Binance as one of the trading venues.
But even if it is not Binance just yet, snaring a bunch of top exchanges at this early stage of the project’s development will stand it in good stead for a Binance listing in the future, and explosive price action at launch in a little over a week.
Wall Street Meme’s presale is still open, so there’s no time to lose to grab your allocation before it closes. The native token, $WSM, is priced at $0.0337 and could soon be trading at 10x that valuation.
Crypto watchers should not make the mistake of writing off Wall Street Memes as just another low-utility meme coin in search of a viral following.
Although not publicly announced, it is thought that the project has a number of major products it will be launching after it is listed on major centralized exchanges.
The project is all about helping Main Street take on Wall Street and win, and there’s no better way to do that than with crypto as the tip of the spear of the attack plan.
Its first product has actually already launched, with the unveiling less than a week ago of new staking functionality.
The Wall Street Memes staking service is a big hit with the community.
So far, 343 million $WSM tokens have been staked and are currently earning an annual percentage yield (APY) of 58%, as shown on the staking dashboard. It means that 34% of the tokens allocated to the presale have now been locked in the staking pool smart contract.
There is a maximum total token supply of 2,000,000,000, of which 50% (1 billion) is on sale in the soon-to-finish presale. As far as tokenomics goes, 20% is equally divided for decentralized and centralized exchange liquidity, 50% for marketing, and 30% for community rewards.
Such a substantial cut of the tokens set aside for marketing confirms the serious ambition of this project.
Twenty percent of the $WSM total token supply is allocated for staking rewards (400,000,000). This comes out of the 30% allocated to community rewards.
The significance of staking cannot be overstated. Because it provides a passive income stream, it will encourage long-term holding of the coin. It will also have the welcome effect of suppressing selling pressure when the coin lists.
On top of its existing brand power among retail investors, Wall Street Memes has another thing going for it that competing meme coins lack – established verifiable legitimacy.
When multi-billionaire tech mogul Elon Musk interacts with your X (formerly Twitter) feed, it is time to uncork the Champagne. Well, $WSM is already in that enviable position.
You can check out two of Musk’s posts on @wallstmemes at the links here https://twitter.com/elonmusk/status/1636924379086077954 and here https://twitter.com/elonmusk/status/1649784663924244482.
When it comes to meme coin influencers, they don’t come any bigger than Elon Musk. His interactions to date beg the question: has Elon Musk been buying $WSM?
Just a little help from Musk can take a coin a very long way, as Dogecoin holders will attest – Musk is thought to feature among the line-up of Dogecoin whales.
Buying or not, Elon Musk has already sprinkled enough of his fairy dust to magic up a stellar launch for $WSM.
The avowed aim of the Wall Street Memes coin is to monetize the investor-focused social movement that, at its height, saw bands of retail stock buyers coming together on the Reddit sub WallStreetBets, to take on Wall Street and win.
Now Wall Street Memes is bringing the same swashbuckling YOLO spirit to crypto.
Wall Street Memes wants to re-energize the founding ideals of crypto to help the little guy achieve financial freedom by accessing wealth hitherto only available to Wall Street insiders.
Boasting a social community of more than one million switched-on retail investors, Wall Street Memes emerged as a champion of retail investors in the meme stocks movement that kicked off in 2021.
Wall Street Memes coin is the brainchild of the team behind the one million-strong social Wall Street Memes community that grew out of the meme stocks movement. It is today one of the internet’s most influential retail investing communities.
For example, its Wall Street Bets Instagram account alone has 534k followers and another 260,000 on X (formerly Twitter).
It also has over 100k followers across its two other Instagram channels, wallstgonewild and wallstbullsnft.
The launch of the $WSM token is far from being the team’s first venture into crypto, In May this year, the team launched the Wall Street Bulls Ordinals NFT Collection.
Also, the founders of the community famously made $2.5 million when, in 2021, they minted the highly successful Wall Street Bulls 10,000-piece NFT collection, which sold out in 32 minutes.
It is not often that crypto investors get to contribute to a project launched by a team with a proven track record, but Wall Street Memes is one such opportunity.
The WSM posse looks like they have within their grasp the next meme coin to take off, and its expanding utility means it will appeal to serious long-term investors beyond the ranks of the meme coin crowd.
The brand appeal of Wall Street Memes and the continuing success of its sellout presale means that it is already a top coin before it even hits the spot market.
Crypto experts are lining up with bullish forecasts for Wall Street Memes.
YouTube cryptocurrency channel No Bs Crypto, with 33k subscribers, dubs $WSM the most anticipated meme coin launch of 2023.
Next up is YouTuber Joe Parys, with 380k subscribers. He tells his viewers that Wall Street Memes coin could be a 100x crypto.
Another analyst, Michael Wrubel, this time with 310k subscribers on YouTube, issued an urgent warning to his viewers four days ago not to miss out on getting into $WSM before the upcoming tier 1 listings.
Meanwhile, crypto presale analyst Jacob Crypto Bury reckons Wall Street Memes could be the best crypto to buy today, with only six weeks to go before it lists on top exchanges.
Other crypto financial influencers think $WSM could be the next Pepe coin because of its potential to monetize the meme stock movement.
Major crypto news outlets have also been covering Wall Street Memes, among them Coingape, Cryptopotato, Cryptonews, Analytics Insight, U.Today, Outlook India, Finbold, and The Coin Republic.
Given the marketing strength being demonstrated by Wall Street Memes at this relatively early stage in its roadmap and the start of utility-enhancing product rollouts, expect the remaining tokens to be snapped up in short order.
Not only is WSM one of the fairest presales, with no team allocation, it is also rewarding its growing community with the chance to win $50,000.
After investing, you can join the Wall Street Memes competition, where five lucky degens can benefit from a $50,000 $WSM airdrop.
If you are a $WSM token holder, then you can click on the button at the Wall Street Memes Linktree page to complete the steps to qualify for the airdrop.
$WSM can be bought on the Ethereum blockchain and BNB Smart Chain using ETH, BNB, or USDT (ERC-20 or BEP-20). If you wish to stake now, then you must buy with ETH.
You can also buy with a credit or debit card. Whichever route you choose to buy, be sure to do your own research and make sure to only invest what you can afford to lose.
All that prospective buyers need to do is connect their funded crypto wallet on the wallstmemes.com website to make their purchases.
Wall Street Memes is already the king of stonks, and in a few days’ time could be making its first pitch to be the king of meme coins too. Do your own research, but this coin could be about to deliver mind-melting returns for early investors.
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Lending revenue dips against backdrop of record-high indices
NEW YORK, Jan. 2, 2025 /PRNewswire/ — The global securities finance industry generated $9.64 billion in revenue for lenders in 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 10.3% decrease from the $10.74 billion generated in 2023.
Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, totaled an additional $2.57 billion in revenue for 2024, a 9.9% decrease from 2023.
Equity lending revenues fell 13% globally, with North America revenue declining 15% and EMEA revenue dropping 24%. In North America, the cause for the revenue decline was a 19% decrease in average fees, while in EMEA, fees and balances decreased 16% and 11%, respectively. Equity lending revenues in APAC were largely flat year-over-year.
Global sovereign debt revenue increased by 8% over 2023, with U.S. treasuries making up the lion’s share of the gains. Treasuries were up 16% year-over-year, driven by a 14% growth in balances.
In corporate debt lending, global revenue declined by 21% as a regression from a record 2023 continued. Fees were the main culprit, with a steep 29% decrease driving the year-over-year decline in revenue.
The top five earning securities in 2024 were Sirius XM Holdings (SIRI US), Lucid Group (LCID US), Beyond Meat Inc. (BYND US), Tempus AI Inc. (TEM US) and Trump Media & Technology Group (DJT US). The five securities in total generated $644 million for lenders over the course of 2024, a significant dip from the $1.11 billion generated by 2023’s top five earners.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA About DataLend About EquiLend Logo – https://mma.prnewswire.com/media/1060364/EquiLend_Logo.jpg
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. EquiLend has offices in North America, EMEA and Asia-Pacific and is regulated in jurisdictions around the globe. www.equilend.com
View original content:https://www.prnewswire.co.uk/news-releases/datalend-2024-securities-lending-revenue-down-10-yoy-to-9-64-billion-302341418.html
NEW YORK, Jan. 2, 2025 /PRNewswire/ — In a dynamic and increasingly complex business environment, small businesses across the USA are experiencing a growing need for expert financial management solutions. Bookkeeping in USA, a critical yet often overlooked business function, is proving essential for companies striving to stay competitive, compliant, and efficient.
Recent studies highlight the importance of tailored bookkeeping solutions to address challenges such as fluctuating tax laws, rising operational costs, and stringent compliance requirements. The demand for professional bookkeeping services in USA has surged, showcasing their role in fostering small business resilience and growth.
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The Role of Bookkeeping in Small Business Success
Bookkeeping in USA offers small business owners’ clarity and control over their financial health. As the business landscape evolves, it is becoming a strategic necessity rather than just a support function. Challenges like tax compliance, cash flow management, and accurate financial reporting require dedicated expertise, which many small business owners find daunting to handle independently.
Insights from Industry Experts
“Small businesses are the backbone of our economy, and they deserve tools that empower them to succeed,” says Ajay Mehta, CEO of IBN Technologies. “Bookkeeping services enable entrepreneurs to focus on their strengths while ensuring their financial bases are secure.”
IBN Technologies has positioned itself as a leader in this space, offering streamlined bookkeeping services that align with industry standards and leverage cutting-edge technology. The company’s solutions are designed to help businesses avoid costly financial missteps, manage cash flow effectively, and maintain compliance with ever-changing regulations.
Modernizing Bookkeeping with Technology
The adoption of cloud-based bookkeeping solutions marks a transformative step forward for small businesses. Real-time access to financial data, enhanced security, and seamless collaboration between business owners and financial experts have made these tools indispensable. IBN Technologies integrates state-of-the-art technology into its services, ensuring clients can monitor their finances anytime, anywhere.
Addressing Tax Compliance and Financial Challenges
One of the most significant challenges for small businesses in the USA is navigating the complex web of federal and state tax laws. IBN Technologies specializes in offering tax-ready to serve bookkeeping in USA that not only mitigate the risk of audits but also identify potential tax savings. This dual approach has enabled many businesses to achieve better financial outcomes while reducing stress.
About IBN Technologies
IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth.
Contact Details:
Pradip
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IBN Technologies LLC
66 West Flagler Street Suite 900 Miami, FL 33130
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IBN Technologies Limited
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Fintech PR
CUBE COMPLETES ACQUISITION OF THOMSON REUTERS REGULATORY INTELLIGENCE AND ODEN BUSINESSES
- Acquisition delivers an expanded customer base with a deep global subject matter expertise network that further powers CUBE’s RegBrain AI across its industry proven SaaS RegPlatform™
- CUBE continues to see strong organic customer growth in its well-established enterprise sector whilst also accelerating growth across the mid-market sector
- 2024 was a year of strategic milestones for CUBE including the partnership with Hg, expanding its global footprint across six main hubs, the acquisition of Reg-Room and Thomson Reuters Regulatory Intelligence and Oden businesses, together with pivotal board and executive appointments
LONDON, Jan. 2, 2025 /PRNewswire/ — CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has today formally announced the completion of its acquisition of the Thomson Reuters Regulatory Intelligence and Oden businesses on 31 December 2024.
The acquisition of these global businesses is another step forward in CUBE’s growth plans as a leader in regulatory intelligence. It will supplement and enhance CUBE’s ability to deliver significant scale across many of the world’s leading and systemically important financial institutions. CUBE’s global customer base will expand to total approximately 1,000 customers in banking, insurance, asset and investment management, payments and adjacent regulated industries.
CUBE’s Founder and CEO, Ben Richmond, said: “The completion of this acquisition is a major milestone for CUBE in a year that has seen many important milestones including our strategic partnership with Hg, the acquisition of Reg-Room, and the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.”
“Thomson Reuters is best known in the industry for providing regulatory analysis and subject matter expertise combined with world-leading journalism and news,” said Ben Richmond. “The powerful combination of CUBE’s AI and the years of human generated content curated by Thomson Reuters Regulatory Intelligence and Oden subject matter experts sets us apart in the industry. This new dimension at CUBE will accelerate innovation and drive further growth and opportunity in 2025 and beyond.”
Following the announcement of its strategic partnership with Hg in March 2024, CUBE has now completed two transformational US-based acquisitions across three businesses whilst continuing to assemble a highly experienced executive team. CUBE’s continued impressive growth saw its presence in the enterprise sector surpassing 200 customers and now represents around 40% of Tier 1 financial institutions globally. In the mid-market sector, serving small and medium sized enterprises, CUBE now has near 800 customers.
With this growth CUBE solidified its global footprint by establishing offices across its six main hubs focused on customer support and implementation; with the number of employees at CUBE doubling to near 700 and a comparable increase in the number of countries where CUBE’s employees are located, which now totals 15 countries.
Ben Richmond said: “We are excited to welcome all of our new colleagues to CUBE – 2025 promises to be yet another significant year for the business as we continue to deliver further innovation focused on automating regulatory compliance and risk management for our customers.”
The definitive agreement was originally announced in May 2024 and terms were not disclosed.
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View original content:https://www.prnewswire.co.uk/news-releases/cube-completes-acquisition-of-thomson-reuters-regulatory-intelligence-and-oden-businesses-302341226.html
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