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LBank Exchange Will List Ekta (EKTA) on February 14, 2022
Internet City, Dubai–(Newsfile Corp. – February 10, 2022) – LBank Exchange, a global digital asset trading platform, will list Ekta (EKTA) on February 14, 2022. For all users of LBank Exchange, the EKTA/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on February 14, 2022.
Figure 1: LBank Exchange Will List Ekta (EKTA) on February 14, 2022
Today’s centralized institutions and systems of governance are beleaguered and inefficient. Bridging blockchain with the physical world, Ekta (EKTA) is here to give everyone a chance to live a better life with an ecosystem where people from different backgrounds and socio-economic circumstances can participate freely, without the barriers and inefficiencies introduced by centralized governing bodies. Its native EKTA token will be listed on LBank Exchange at 20:00 (UTC+8) on February 14, 2022, to further expand its global reach and help it achieve its vision.
Introducing Ekta
With a vision of creating a better world using the power of blockchain, Ekta exists to bridge the digital blockchain world with the physical world, and create value in both. By developing economic policies that are rooted in empathy rather than greed, Ekta will build a society that is guided by humanity and altruism as its core principles. With a focus on sustainability, Ekta will drive the development of projects relating to blockchain, natural capital conservation, cleantech, wise tech, ocean startups, alternative medicines, permaculture and aquaponics.
To achieve its vision, Ekta is building the EktaVerse, which functions as a collection of platforms and services that bridge between the blockchain and the physical world, unlocking the value of real-world assets including public companies, natural capital, and real world assets like real estate properties through NFTs, fractional tokenization, and smart contracts.
With functions and features like Ekta’s Hybrid Exchange (Hybex), Bridge, NFT Marketplace, Blockchain Lottery, Mini Play to Earn Games, Ekta Fractional Real Estate, Decentralized Venture Capital, MetaTrees NFT based DeFi game and the coming Wallet, the Ekta Ecosystem provides projects and partners with all the necessary tools to build and succeed on Ekta’s blockchain mainnet.
As the Ekta community grows, Ekta’s digital currency EKTA will continue to stay relevant for token holders and traders, allowing community members to stake, save, lend, and borrow. For the real world, Ekta will provide a decentralized and equitable platform to access capital, education, and opportunity – the necessary ingredients for anyone to have a chance at a better life.
About EKTA Token
As Ekta’s native token, EKTA plays an important role in Ekta’s ecosystem. And with a periodic burning schedule, each project launched on EktaChain will burn EKTA tokens collected to reduce the supplies of EKTA according to their specific use cases and keep the token economics deflationary.
The max supply of EKTA is 420 million (i.e. 420,000,000), 13.5% of it is allocated to the team, 2.5% is allocated to advisors of Ekta, another 2.5% will be used for social benefit such as donations, 14.8% is provided for public sale, 8% is reserved for the cross-chain bridge use, 20% is reserved for the rewards of staking pools, 6% goes into liquidity pools, 2.5% is reserved for the centralized exchanges, 6% is provided for marketing, 9.6% is for partnerships, and the rest 14.6% will be used for the long-term development of the Ekta ecosystem.
The EKTA token will be listed on LBank Exchange at 20:00 (UTC+8) on February 14, 2022, investors who are interested in Ekta investment can easily buy and sell EKTA on LBank Exchange by then. The listing of EKTA on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about EKTA Token:
Official Website: https://www.ekta.io
Telegram: https://t.me/ekta_community
Twitter: https://twitter.com/ekta_io
About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 6.4 million users from now more than 210 regions around the world.
Start Trading Now: lbank.info
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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/113396
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Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions
SINGAPORE, April 20, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.
Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.
The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including secondary acquisition and fund infusion is approximately 16.5 MN USD.
By integrating Arya.ai’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally.
Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of Arya.ai marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with Arya.ai and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”
“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of Arya.ai. “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”.
Founded in 2013 by Vinay Kumar and Deekshith Marla, Arya.ai has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises. Arya.ai’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.
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View original content:https://www.prnewswire.co.uk/news-releases/aurionpro-solutions-acquires-aryaai-to-power-next-generation-enterprise-ai-platforms-for-financial-institutions-302122674.html
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Credit card fintech Pliant lands €18m Series A extension led by PayPal Ventures
Pliant, a Berlin-based B2B credit card fintech, has secured over €18 million in a Series A extension, pushing the total funding for this round beyond €50 million.
PayPal Ventures led the latest investment round, with participation from existing investors Alstin Capital, SBI Investment, and Motive Ventures.
Earlier this year, Pliant raised €28 million through its initial Series A funding round. With this new injection of capital, the company is set to expand its cards-as-a-service (CaaS) product into markets outside the European Union, with a focus on the UK.
To facilitate its expansion plans, Pliant has developed multi-currency capabilities, allowing it to offer services in 11 different currencies. This enhancement enables customers to receive invoices in the same currency used for the transaction, a feature particularly beneficial for businesses dealing with significant volumes in non-EUR currencies.
Pliant attributes this funding success to its strong performance in 2023, where it doubled its annual revenues.
Additionally, the fintech has broadened its reach by extending its Electronic Money Institution (EMI) license to cover 25 countries across the European Economic Area (EEA). This expansion allows Pliant to offer financial services beyond card issuance in the region.
Source: fintechfutures.com
The post Credit card fintech Pliant lands €18m Series A extension led by PayPal Ventures appeared first on HIPTHER Alerts.
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Latvian Fintech inGain Raises €650,000 for No-Code SaaS Loan Management System
The post Latvian Fintech inGain Raises €650,000 for No-Code SaaS Loan Management System appeared first on HIPTHER Alerts.
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