Fintech PR
Omega Secures $6 Million in Funding to Help Users Leverage Cross-chain Digital Assets

Enabling Bitcoin holders to utilize the value of their Layer 1 Bitcoin for yield generation.
MIAMI, Feb. 8, 2024 /PRNewswire/ — Omega has closed a $6 million funding round, marking a significant milestone in its quest to integrate native Bitcoin into the decentralized finance (DeFi) landscape. This substantial financial infusion came across three investment rounds, featuring contributions from an impressive roster of participants including Lightspeed Faction, Borderless Capital, Wormhole Cross-Chain Ecosystem Fund (operated by Borderless Capital), Bankless Ventures, Wave Digital, Blockchain.com, Blockchain Founders Fund, Kronos Ventures, XTBO Humla, Cadenza, Psalion Ventures, AlphaLab Capital, Side Door Ventures, and MH Ventures, among others.
These funds are earmarked for the development and launch of a pioneering decentralized platform, designed to empower Bitcoin owners to unlock the yield-generating potential of their Layer 1 Bitcoin assets. With plans to unveil its public beta in the upcoming 60 days, Omega is on track to redefine the utility of Bitcoin within the DeFi ecosystem, offering unprecedented opportunities for yield generation.
‘We’re thrilled to have the backing of our respected investment partners,” shared Wes Cowan, Co-Founder and CEO of Omega. “This financial and adviosry support enables us to further our quest in expanding the horizons of Bitcoin DeFi.”
“We are delighted to be part of Omega’s journey as they pave the way for unlocking the true potential of Bitcoin in DeFi. This investment underlines our belief in Omega’s team and their vision to revolutionize yield generation for Bitcoin holders, and we eagerly anticipate the impact of their work on the future of decentralized finance,” shared Aly Madhavji, Managing Partner at Blockchain Founders Fund.
Eric Ryklin, Co-Founder and COO of Omega, expressed profound pride in the team’s steadfast commitment and creative innovation. “This funding achievement affirms our mission to revolutionize the DeFi domain,” he remarked. “We’re now poised to launch our public beta, an important step toward empowering Bitcoin investors and driving significant advancements in the Bitcoin DeFi arena.”
Omega is committed to driving the next wave of advancements in Bitcoin DeFi, and this funding milestone positions the project for significant adoption in the coming months.
OMEGA.xyz is a Web3 infrastructure provider enabling the collateralization of idle bitcoin for yield generation in DeFi.
please contact Jonathan Duran at (310) 260-7901 or Jonathan@Melrosepr.com
View original content:https://www.prnewswire.co.uk/news-releases/omega-secures-6-million-in-funding-to-help-users-leverage-cross-chain-digital-assets-302058120.html
Fintech PR
Great Bay Insurance Group announces executive changes

WEST ATLANTIC CITY, N.J., March 14, 2025 /PRNewswire/ — The Great Bay Insurance Group (the “Group”), a leading provider of coastal homeowners’ insurance in New Jersey, today announced the following leadership changes. Timothy J. Byrne, Jr., has been named as President of the Group and Ronald R. Lovatt has been named President of Great Bay Insurance Company, a wholly owned affiliate of the Group.
Mr. Byrne Jr. has nearly 15 years of industry experience and previously served as the Group’s Chief Operating Officer overseeing the Groups operations and underwriting strategies.
Mr. Timothy J. Byrne, Sr., Chief Executive Officer of the Group, added, “I’m excited to announce the promotion of Tim Jr. to the role of President of The Great Bay Insurance Group and Ron to the role of President of Great Bay Insurance Company. Tim Jr. and Ron have been an integral part of the Group since its founding in 2019.”
As President, Tim Jr. will provide oversight for all corporate support functions and will continue to report to Tim Sr.
Mr. Byrne Jr. holds a BS in Economic and Mathematics from the University of Vermont, an MBA in Risk Management and Insurance from St. John’s University and holds a CPCU designation.
Mr. Lovatt has 40 years of broad insurance industry experience in leadership capacities with international, national, regional and start-up insurance companies. Ron is a founding member of The Great Bay Insurance Group, working with Tim Sr. & Tim Jr. to launch Great Bay in late 2019. Ron currently serves as Chief Underwriting Officer & Chief Claims Officer for The Great Bay Insurance Group, has an MBA from The Wharton School of the University of Pennsylvania, and a Bachelor of Science degree in Economics, Finance, Accounting & Marketing from Miami University.
Contact:
Investor Relations
Brian Schleider, CPA
Chief Financial Officer
609-434-2000, x102
brian.schleider@greatbayinsure.com
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View original content:https://www.prnewswire.co.uk/news-releases/great-bay-insurance-group-announces-executive-changes-302401923.html
Fintech PR
Forward Global responds to surge in UK shareholder activism with launch of UK Corporate Contests Practice

LONDON, March 14, 2025 /PRNewswire/ — International risk management firm Forward Global launched its UK Corporate Contests Practice on Tuesday in response to what is described as “all-time high of shareholder activism” in London and Paris.
Speaking ahead of the launch on Tuesday night, Brendan Foo, Partner and Global Head of Corporate Contests at Forward Global, said “As activism gains currency as an asset class, savvy investors are looking toward the UK and Europe to generate alpha. Indeed, in 2025 alone, we have seen an unprecedented demand for our services not just in our traditional strongholds of the US and Canada, but also in the UK and Europe. This reflects the surge in activist (and active) engagements, with which our team is uniquely well-placed to assist.”
Forward Global’s Corporate Contests Practice was established to meet demand from law firms, investors, and advisers to provide a comprehensive suite of services to support companies in high-stakes shareholder engagements. In keeping with the firm’s established activism practice in the US, the new London offering will deliver investigative and intelligence work such as vetting board nominees, relationship mapping, scrutinizing the track records of both incumbents and challengers, and conducting deep-dive reputation analyses. In Europe, Forward Global’s Patrice Lambert-de Diesbach offers clients battle-tested expertise in investor relations and financial communications.
Shareholder activism in the UK has expanded significantly, with campaigns becoming more frequent and sophisticated. In 2023, the number of new public activist campaigns in Europe surged by 68%, with the UK remaining a primary target. US-based activist investors have also increased their focus on UK firms, launching 40% of all UK activist campaigns in 2024. With contested boardroom battles and regulatory shifts on the rise, the expansion of Forward Global’s Corporate Contests practice into the UK is well-timed, equipping issuers with the intelligence and strategies needed to navigate this evolving landscape.
The firm launched the new practice at an exclusive gathering at the International Institute of Strategic Studies in London, bringing together leading voices from the shareholder activism space to discuss the evolving landscape of transatlantic shareholder activism.
The panel discussion, featuring Brendan Foo, Patrick J. McHugh of Okapi Partners, and Sebastian Fain of Freshfields, explored critical considerations for US investors entering the UK market and vice versa, differences in engagement styles across jurisdictions, and strategies for issuers to proactively engage with both activist and active investors. Panelists also examined the impact of anti-DEI and ESG sentiment on investor relations in the UK, as well as how issuers can adapt to evolving regulatory and institutional expectations.
John Watts, Managing Partner of Forward Global UK, added, “Forward Global’s new UK Corporate Contests Practice is designed to provide companies with the strategic intelligence and investigative depth needed to navigate an increasingly complex activist landscape. Our team is committed to equipping clients with the tools to engage proactively with investors, safeguard their strategic interests, and strengthen shareholder relations across Europe.”
Notes for Editors
Forward Global is an international group, with its historic headquarters in France, boasting five main offices in Paris, Brussels, London, Miami, and Washington. As a leading player in risk management with over 450 employees and 30 partners, Forward Global offers an integrated approach across the three major risks: digital, economic, and informational.
Logo: https://mma.prnewswire.com/media/2641946/Forward_Global_Logo.jpg
View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/forward-global-responds-to-surge-in-uk-shareholder-activism-with-launch-of-uk-corporate-contests-practice-302402058.html
Fintech PR
NYSE Content advisory: Pre-market update for March 14, 2025
NEW YORK, March 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.
Alison Kosik delivers the pre-market update on March 14th
- Investors welcomed a cooler-than-expected Producer Price Index reading for the month of February as tariff talk continues out of Washington D.C.
- Attention shifts to the Federal Reserve decisions coming next week as inflation data suggests the rate of inflation growth could be slowing.
- S&P 500 looks to rebound after ending yesterday in correction territory, which is a decline of at least 10% from a recent high.
Watch NYSE TV Live every weekday 9:00-10:00am ET

Video – https://mma.prnewswire.com/media/2641945/NYSE_March_14_2025_Market_Update.mp4
Logo – https://mma.prnewswire.com/media/2581322/New_York_Stock_Exchange_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/nyse-content-advisory-pre-market-update-for-march-14-2025-302401916.html
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