TORONTO, CANADA OCTOBER 7, 2020 The GDA Group, a financial institution focused on disruptive technology, is launching a new Global Family Office Wealth Network to connect families and institutional investors with exponential thinkers powering the future of industry using disruptive technologies. The GDA group is the parent corporation of GDA Capital and Secure Digital Markets — a capital markets firm focused on merchant banking for digital assets and a trading platform, which has completed over 2 billion dollars in over the counter (OTC) digital assets transactions respectively.
The first initiative held by the Global Family Office Wealth Network is the Global Family Office Summit, a quarterly event happening on October 20th that is bringing together innovative asset managers, more traditional family offices and private equity firms, global regulators and unicorn disruptors to discuss technology that is changing the world. This first Global Family Office Summit is accessible by zoom and is also the first gathering of private wealth that is taking place in the metaverse at the Crypto Convention Centre in Decentraland.
Jean-Luc Gustave, the GDA Group’s VP in Asia, commented on the news with:
“After a strong summer that saw a significant increase in institutional participation in disruptive technology ventures, many family offices are still waiting on the sidelines. I am excited about the launch of the Global Family Office Wealth Network as this signals a clear step forward to provide educational resources and networks that can demonstrate the immense value that disruptive technology has to offer”
Some of the participants in the Global Family Office Summit include family offices in North America, Europe and Asia, alternative asset managers with a focus on digital assets, unicorn disruptors building the next generation of technology and global regulators. More information about the event can be found at https://fowealth.global/global-family-office-summit/ and registration can be done on Eventbrite here.
About GDA Group
The GDA Group is one of the first and most established blockchain firms in North America. The group, originally founded in Toronto and New York City, has expanded globally and consists of several firms focused in diverse areas of the blockchain and digital asset industries including capital markets, digital asset offerings & capital formation, asset management, trading & liquidity, consulting, development and other related services.
To date, the GDA Group has consulted Fortune 500 companies and global governments, worked on over 20 digital assets launches representing over 500 million dollars worth of capital raised and which now total over a billion dollars of market capitalization, and have processed over two billion dollars worth of digital asset commercial transactions. The GDA Group continues to lead the industry in capital markets, advisory and trading.
Disclaimer: This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest. Tokens and virtual currencies, in general, are not legal tender, in any country, and are not backed by any government as legal tender, nor should they be treated as such.
Smart MFG Tech Announces its First Liquidity Mining Rewards Program on LINKSWAP
Manufacturing Industry 4.0 company Smart MFG Tech has announced that it is launching its MFG Liquidity Mining Rewards on LINKSWAP today. LINKSWAP is a decentralized, community-governed Decentralized Exchange (DEX) and an AMM platform, which was created by YF Link (YFL). The team at YF Link says it aims to address “the pain points of second-generation AMMs” by offering such features as Reduced Impermanent Loss, RugLock, SlipLock that are not offered by other platforms.
Smart MFG Tech has said that the first integration of the MFG liquidity mining rewards will use the LINKSWAP LP (Liquidity Provider) Rewards service. It will allow LPs to deposit their LP token(s) (UNI-V2) to the participating rewards pool (ETH|MFG) and earn MFG rewards seamlessly. Smart MFG said it will continue to work with the YF Link team to provide support for other pairs and expand services.
LINKSWAP’s Rewards is a liquidity mining service that enables LPs to earn rewards for providing liquidity in a participating pool. YF Link has implemented a custom frontend solution for Smart MFG LP rewards pool on LINKSWAP. This will allow LPs to add liquidity to Smart MFG’s existing ETH|MFG pool on UniSwap v2 and deposit their LP token(s) (UNI-V2) to their LINKSWAP rewards pool (ETH|MFG).
Smart MFG explained how the rewards can be earned:
“LPs get a share of the transaction fees on Uniswap v2. This is calculated by how much liquidity is provided relative to the percentage…
Building Your Nest Egg Brick By Brick: Are Micro-Investments Here to Stay?
No matter what our goals are, sometimes just getting started can be the most difficult part of building our savings up. When it comes to investing, many of us are wary of parting with our money to generate more financial security in the future. But what if you can build significant savings without even noticing?
That’s the aim of the micro-investing apps that have come to dominate online stores across Android and iOS. Today, more fintech startups are working on delivering refined solutions that encourage minuscule investments at a more frequent rate.
Micro-Investing apps will look to make saving more accessible to young people – many of whom in the UK have little-to-no money tucked away for a rainy day.
However, the prevalence of money-saving technology and the disruptive chaos of the COVID-19 pandemic appears to have prompted a widespread increase in households saving more of their disposable income:
With micro-investing platforms playing a role in bringing UK household savings back up to five-year highs, is it fair to say that little-by-little investing is here to stay? Let’s take a look at how micro-investment platforms could revolutionise how we manage our finances:
What is Micro-Investing
Micro-investing, or sparse change investing, is a relatively new development in fintech. It effectively enables users to put away small amounts of money towards their long, or short, term goals. The idea…
Decentralized Insurance Platform Bridge Mutual to Launch BMI Token on Polkastarter
Bridge Mutual, a decentralized platform that allows users to insure stablecoins, has announced that its native BMI token will be launched on Polkastarter tomorrow, January 30. The Polkadot’s decentralized exchange will host an Initial DEX Offering (IDO) for Bridge Mutual.
“Even the most sophisticated digital asset investors are at risk of losing their funds through various malicious and negligent activities in the blockchain ecosystem. With Bridge Mutual, we believe it doesn’t have to be this way. Using Bridge, people can control the risk exposure of their digital asset investments, just as they do with real-world assets. The Bridge Mutual platform allows people to offer and purchase coverage in a decentralized p2p way. We’re excited kickstart the launch of the BMI ecosystem with a launch on Polkastarter and creating a better way of protecting digital assets for users all over the globe,” Bridge Mutual CEO Mike Miglio said in a statement.
Bridge Mutual allows users to buy and sell insurance for smart contracts, stablecoins and crypto exchanges, peer-to-peer. Users can purchase insurance via the Bridge Mutual app and then file a claim if their digital assets are lost after a hack. “When users lock stablecoins in Bridge Mutual’s coverage pools, those funds are reinvested into popular (and safe) yield generating platforms that return yields to coverage providers. When a claim is approved, stablecoins from the coverage pool goes…