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HTX Ventures Announces Strategic Investment in Merkle 3s Capital to Accelerate Web3 Innovation

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SINGAPORE, April 19, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has officially announced a strategic investment in Merkle 3s Capital, an innovative hybrid Global Web3 Fund based in Hong Kong, dedicated to the research and development of blockchain technologies. This investment highlights HTX Ventures’ commitment to fostering innovation and supporting scalable Web3 technology development globally.

Merkle 3s Capital stands at the forefront of identifying and capitalizing on the next wave of market consensus, with a strategy that includes diverse investments in projects across both primary and secondary markets. With over a decade of industry experience and a portfolio that includes more than 100 investments across various blockchain ecosystems, Merkle 3s Capital has established itself as a key player in the Web3 space. The firm supports significant projects like Core, TON and Solana, leveraging its robust connections with leading crypto exchanges and top universities to advance technological innovation and global impact.

Edward, Managing Partner at HTX Ventures, emphasized the strategic value of the investment, stating, “We are pleased to welcome Merkle 3s Capital as one of our strategic partners through this investment. HTX Ventures is committed to our mission to support promising companies such as Merkle 3s Capital and develop the next generation of technological innovations. We continue to expand and diversify our Fund of Funds portfolio, while solidifying our position as a strong global investment leader.”

Sarah, Founding Partner at Merkle 3s Capital, said, “Merkle 3s Capital aims to empower top-notch technologists and entrepreneurs to build high-impact Web 3 and digital economy projects around the world. To achieve that, we lean on our network of strategic partners with resources including the best academic institutions, exchanges and communities. The investment from HTX Ventures will allow Merkle 3s Capital to continuously strengthen our resource pool and accelerate the growth of our portfolio projects.”

About HTX Ventures

HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.

HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including Dragonfly, Bankless Ventures, Animoca, Shima, and IVC. Visit us here.

Contact Details
Michael Wang
[email protected]

Company Website
https://www.htx.com/en-us/ventures

About Merkle 3s Capital

Merkle 3s Capital is a Hong Kong-based venture capital firm specializing in hybrid crypto funds. Our expertise and experience in the industry span over 10 years, with a previous portfolio of more than  100 investments across the blockchain ecosystems. We pride ourselves on our team of experienced partners dedicated to leading the industry toward worldwide impact. Visit us here. 

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Everest Trust Scales New Heights With Premium Accounts For Ambitious Traders

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LANCY, Switzerland, May 2, 2024 /PRNewswire/ — Everest Trust, a leading online brokerage firm, has recently announced the launch of its premium account offerings. These exciting new accounts offer experienced and high-volume traders unparalleled control and enhanced features to reach their financial summits.

“We understand that successful traders have specific requirements,” says Emily-Rose Hawthorn, a spokesperson for Everest Trust. “The premium accounts are crafted to cater to those who seek more from our trading platform. We’ve empowered these individuals with the necessary tools, resources, and support to navigate the ever-evolving financial landscape and make informed decisions.”

Premium features for peak performance

Everest Trust’s premium accounts exceed the standard conditions offered in their primary accounts. Premium account holders will enjoy a multitude of benefits aimed at elevating their trading journey. Here’s a glimpse of what traders can expect.

The broker provides customized spreads, swap rates, and custom leverage options, allowing users to optimize their strategies and potentially retain a more significant share of their profits. Members also benefit from personalized guidance and support with two dedicated, 30-minute weekly consultations with an account manager with extensive market expertise. This ensures traders always have a trusted advisor by their side to remain informed and equipped to make sound decisions.

Everest Trust elevates the trading experience further with exclusive features like weekly trading signals, access to trade-exclusive events and limited credit allocation for qualified clients. The importance of risk management is addressed, with risk management tools and strategies provided by them to minimize the impact of market volatility. Additionally, select members enjoy the peace of mind that comes with limited insured positions, offering a safety net for their investments.

“We are confident that the premium accounts will be instrumental in propelling our customers towards success,” emphasizes Hawthorn. “By bringing a customized and results-oriented workplace, Everest Trust is committed to unlocking new avenues for growth for traders.”

About Everest Trust

Everest Trust is an online investment platform that allows individuals of all backgrounds to participate in the financial markets. The brand delivers a secure and reliable solution for investors to grow their wealth with a user-friendly platform, a comprehensive suite of trading tools, and a wide variety of financial markets available to trade. The introduction of premium accounts underscores its dedication to catering to the evolving needs of all clients, from novice to pro.

Website: https://www.everestrust.com/

 

View original content:https://www.prnewswire.co.uk/news-releases/everest-trust-scales-new-heights-with-premium-accounts-for-ambitious-traders-302134359.html

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Checkout.com and Mastercard partner to bring virtual cards to Online Travel Agents

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  • The collaboration enables Checkout.com’s customers to access the Mastercard Wholesale Program, unlocking reduced costs and higher conversion rates
  • The partnership supports Online Travel Agencies (OTAs) and other travel sector businesses that use cards to make B2B payments, as the market is forecast to reach $1.5 trillion in revenues by 2027[1]
  • The partnership follows Checkout.com’s launch last year of Issuing in the UK and Europe, enabling brands to issue, process, and manage card programs, and combine with acquiring to fund cards efficiently

LONDON, May 2, 2024 /PRNewswire/ — Checkout.com, a leading global digital payments provider, today announces a partnership with Mastercard to bring virtual cards to Online Travel Agents.

As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will be able to pay their suppliers more easily and benefit from higher conversion rates by issuing virtual cards.

“Mastercard remains committed to powering the travel economy with digital payment solutions that provide greater flexibility, visibility, and protection. Over 400,000 travel providers worldwide already rely on us to enable payments through the Mastercard Wholesale Program, and we’re thrilled to be collaborating with Checkout.com to support their customers to embrace the next generation of payment solutions for B2B travel”  said George Simon, EVP, Market Development, Mastercard Europe. 

“We’re delighted to partner with Mastercard to complement our virtual card issuing solution, enabling Online Travel Agents to unlock new revenue streams and deliver a connected customer experience. Together we’ll offer higher payment performance to travel merchants by combining the Mastercard Wholesale Program with our single integration connecting acquired sales to issued cards, which unifies acquiring and issuing, for better cash flow management”, said Meron Colbeci, Chief Product Officer at Checkout.com. 

By combining acquiring and issuing, Checkout.com helps Online Travel Agents move seamlessly from receiving customer payments to paying suppliers. Traditionally, Online Travel Agents had to manage these two sides of their business separately, which can lead to inefficiencies and increased potential for error. Checkout.com’s integrated solution ensures a seamless flow from customer payment acquisition to supplier payouts, turning what used to be a cumbersome process into a cohesive, streamlined operation. In turn, this deepens trust and relationships within the ecosystem.

Notes to editors:

To learn more, please visit our website here.

For more information on Mastercard’s Embracing a virtual future for B2B travel payments report, SEPTEMBER 2023; www.mastercard.com/global/en/business/large-enterprise/mastercard-enterprise-partnerships/b2b-travel-solutions/global-wholesale-travel-whitepaper.html

About Checkout.com

Checkout.com offers a high-performance, cloud-based payments platform that transforms payments into a significant revenue source for enterprises and scaling businesses. Its technology is built for flexibility, scalability, and efficiency, enabling seamless processing of payments, payouts, and card program management. Checkout.com is headquartered in London, with offices in New York, Paris, Dubai, Hong Kong, and other locations across six continents. Customers include global OTAs such as Reward Gateway, Hopper, Grab, Flyin and Dott.

Checkout.com. Where the world checks out.

[1] Phocuswright, U.S. Online Travel Agency Market Report 2021–2025, March 2022.

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CFGI Acquires Leading German CFO Advisory Firm PAS Financial Advisory AG

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BOSTON and STUTTGART, Germany, May 2, 2024 /PRNewswire/ — CFGI, a leading global accounting and business advisory firm and a portfolio company of Carlyle and CVC Capital Partners, today announced that it has signed an agreement to acquire PAS Financial Advisory AG, a major German non-audit accounting advisory firm with a robust presence spanning nine offices across Germany and more than 100 employees. 

PAS Financial Advisory AG serves public and private clients, offering a comprehensive suite of accounting, reporting, process, and valuation advisory services tailored to address the evolving needs of organizations across the business lifecycle. Comprising professionals with extensive corporate and Big Four experience, PAS delivers unparalleled expertise without the constraints of auditor independence, providing clients with agile solutions to complex challenges.

CFGI continues its strategic international growth trajectory with this latest acquisition, further solidifying its position as an industry leader in the provision of integrated financial and non-financial reporting advice, technical accounting, risk advisory, and transaction services.

“We are thrilled to welcome PAS Financial Advisory AG to the CFGI family,” commented CFGI Co-CEO Nick Nardone. “This partnership marks a significant milestone in our continued commitment to expanding our global footprint and enhancing our service offerings to meet the evolving needs of our clients.”

Shane Caiazzo, CFGI Co-CEO, added: “CFGI is building on its position as a world-class independent accounting and business advisor to CFOs everywhere, supporting their most important regulatory compliance and business improvement initiatives. The addition of PAS gains us both a leadership position within the German market and a great team sharing the same mindset regarding our approach to the market, client service, and product offerings.”

“I’m extremely excited about the future and what this combination will offer both our employees and our clients,” said Markus Groß, CEO of PAS Financial Advisory AG. “Joining forces with CFGI strengthens our abilities to serve our clients in increasingly complex regulatory environments. The resulting partnership maintains our commitment to cultivating top talent and delivering outstanding client service while expanding our ability to serve clients as a global advisory partner. We thank our clients for their trust in us and the unique partnerships this has created.”

The combined business serves a diverse customer base across industries, including life sciences, manufacturing and distribution, private equity, technology, software, energy, and financial services.

For media inquiries, please contact:

CFGI Media Contact:
Rachel Tucker Bobbitt, Regional Support Manager
[email protected]

PAS Financial Advisory AG Media Contact
Markus Groß CEO
[email protected]

About CFGI
CFGI, a Carlyle and CVC Capital Partners portfolio company, is a leading global accounting and business advisory firm. We partner with our clients on their most important regulatory, transaction, and business improvement initiatives. Our team of over 1,000 former Big 4 professionals brings expertise across technical accounting, capital markets, tax, valuation, ESG, transaction advisory, restructuring, and technology solutions — all delivered with an independent and roll-up-the-sleeves approach. CFGI was founded in 2000 and serves thousands of global clients across 19 offices throughout the Americas, Europe, and the Asia Pacific regions.

Learn more at www.cfgi.com.

About PAS Financial Advisory AG
PAS Financial Advisory has become one of the largest and most renowned German non-audit financial advisory firms specializing in the delivery of best-in-class advisory services along the CFO agenda. With a dedicated team of experts, PAS Financial Advisory works closely with its clients to develop customized solutions for their individual needs – from DAX40 and mid-sized companies to innovative start-ups, as well as private equity investors and their portfolio companies. 

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