Latest news with #HBAR
Yahoo
a day ago
- Business
- Yahoo
CoinDesk 20 Performance Update: Avalanche (AVAX) Surges 16.2% as All Assets Rise
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 4105.18, up 5.0% (+194.55) since 4 p.m. ET on Friday. All 20 assets are trading higher. Leaders: AVAX (+16.2%) and HBAR (+11.9%).Laggards: LTC (+1.8%) and BTC (+1.8%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
2 days ago
- Business
- Hamilton Spectator
Immutable Holdings Announces Strategic Update on HBAR Treasury Strategy Also Management Change
VANCOUVER, British Columbia, July 28, 2025 (GLOBE NEWSWIRE) — Immutable Holdings Inc. (Cboe Canada: HOLD; OTCQB: IHDLF) ('Immutable Holdings' or the 'Company'), a publicly-traded blockchain holding company, today announced a series of strategic initiatives, including the advancement of its HBAR corporate treasury approach, as well as senior management changes to support its evolving business. Strategic Update: Advancing a HBAR Treasury and Broader Digital Asset Opportunities In 2025, among other strategic initiatives, Immutable began developing a digital asset treasury approach focused on assets such as hbar tokens ('HBAR'), the native cryptocurrency of the Hedera network. This effort has been executed through Immutable Asset Management LLC ('IAM'), the Company's wholly owned subsidiary, which currently holds over 48 million HBAR as of the date of this release. IAM will continue to manage this position and may increase exposure to HBAR or other digital assets over time depending on capital priorities and market conditions. The Company believes HBAR is a high-quality digital asset with long-term potential, distinguished by the Hedera network's enterprise-grade performance, low transaction costs, carbon-negative operations, and growing adoption among enterprise and public sector applications. Hedera's predictable fee structure, consistent throughput, and decentralized governance model are additional factors that may make HBAR a compelling candidate for long-term digital asset treasury management. Jordan Fried, Chairman of Immutable and an original founding team member of the Hedera network, commented: 'We believe Hedera has laid the groundwork for institutional-grade blockchain infrastructure. In our view, its focus on energy efficiency, throughput, and real-world adoption positions HBAR as a promising asset for long-term strategic management.' Immutable has deep experience with the Hedera ecosystem. Through IAM, the Company previously launched and managed the Immutable HBAR Opportunity 1 Fund ('IHO1'), one of the first institutionally focused HBAR investment vehicles. That fund successfully completed in-kind HBAR distributions to investors in the fall of 2024 and was subsequently dissolved. However, IAM received its performance allocation in HBAR, which provided the catalyst to the Company's digital asset treasury. While digital asset treasury management represents a key pillar of the Company's strategic direction, Immutable also plans to continue to engage in a broader range of business activities, including evaluating opportunities to develop or participate in Hedera or other digital asset aligned ventures, partnerships, and technology-related initiatives. These activities are intended to support long-term value creation and operational growth for the Company. The Company continues to explore strategic opportunities in digital asset infrastructure, education, and Web3 technologies through its various subsidiaries and business lines. These include business assets such as HBAR Labs (owner of and ), , 1-800-Bitcoin, and others. The Company's strategy reflects a hybrid model that combines the pursuit of business development opportunities in the digital asset ecosystem with the management of its digital asset treasury. Management Update The Company is also pleased to announce the appointment of Melyssa Charlton as the new Interim Chief Executive Officer of Immutable, effective immediately. Melyssa has served as the Company's Interim Chief Financial Officer since November 15, 2021. With many years of experience in public accounting, she has provided services to both public and private sector clients reporting in Canada and the United States, over a broad range of industries, including technology, blockchain, financing, mining & exploration, oil & gas and air transportation. Melyssa obtained her Chartered Professional Accountant designation in 2015 and holds a Bachelor in Business Administration from the University of Nevada, Reno. Melyssa is currently the Managing Partner of Charlton & Company Chartered Professional Accountants, a full-service accounting firm in Vancouver, British Columbia. Melyssa steps into a role that was previously held by Jordan Fried, who remains Chairman and a significant stakeholder of Immutable. Contemporaneously with the foregoing, William 'Billy' Baxter has been appointed the new Interim Chief Financial Officer of Immutable. Over the past several years, Billy has served as the Company's Head of Corporate Development & Operations, leading various business development, operations, and digital asset treasury initiatives, including those relating to , Immutable Media, and IAM. Prior to joining Immutable, Billy was a Director at Mitsubishi UFJ Financial Group ('MUFG'), where he led U.S. investments for the bank's corporate venture fund, focusing on fintech and blockchain startups. He also led fintech business development and helped shape MUFG's blockchain commercialization strategy. Earlier roles at MUFG included product management for corporate banking and strategy and operations within internal audit. He began his career at KPMG LLP. Billy has been active in the digital asset ecosystem since 2013 and was an early contributor to the Hedera community through his 'Gossip Guy' YouTube channel. Jordan Fried commented: 'On behalf of Immutable's Board of Directors, I wish to congratulate Melyssa and Billy on their senior management appointments. Melyssa and Billy have already been instrumental in advancing Immutable's strategy and our broader digital asset initiatives. Their leadership will be critical as we continue to execute on our long-term vision. With deep institutional experience and hands-on involvement across our platform, I am confident they will guide Immutable through its next phase of growth. I look forward to continuing in my role as Chairman and working closely with the board and management to build on our momentum and deliver value to our shareholders.' About Immutable Holdings Inc. Immutable is a collection of businesses within the digital assets ecosystem on a mission to build businesses and products that increase the awareness, access, and adoption of digital assets. Founded by Jordan Fried, a founding team member of the multibillion-dollar Hedera Hashgraph network, Immutable engages in activities such as those involving product development, digital asset infrastructure, asset management, digital media, education and a corporate treasury strategy relating to digital assets including HBAR. For further information regarding Immutable, visit and see the Company's disclosure documents on SEDAR+ at . For media inquiries and further information, contact: Billy Baxter, Interim Chief Financial Officer and Head of Corporate Development & Operations Email: info@ CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION: This news release contains certain statements which constitute forward-looking statements or information under applicable securities laws, including without limitation, statements among other things, the timing and ability of the Company to execute its strategic initiatives and long-term vision (including, its growth-related objectives) and deliver long-term value for shareholders, as described above, the merits, possible benefits and long-term potential of investing in HBAR, and any statements relating to the management changes described above, which remains subject to the acceptance of Cboe Canada. Such forward-looking statements are subject to numerous known and unknown risks, uncertainties and other factors, some of which are beyond the Company's control, which could cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. These risks and uncertainties include, without limitation, changes to applicable laws or the regulatory sphere in which the Company operates, general economic and capital markets conditions, stock market volatility and the other risks disclosed in the Company's annual information form dated March 31, 2025 and other disclosure documents available on the Company's profile at . The foregoing is not an exhaustive list of factors that may affect the Company's forward-looking statements. Other risks and uncertainties not presently known to the Company and/or not specifically referenced herein could also cause actual results or events to differ materially from those expressed in its forward-looking statements. Although the Company believes that the forward-looking statements in this news release are reasonable, they are based on factors and assumptions, based on currently available information, concerning future events, which may prove to be inaccurate. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise.
Yahoo
3 days ago
- Business
- Yahoo
HBAR Surges 12% Following Robinhood Listing, Making it Top Daily Gainer Among Top 20
Hedera's HBAR token surged nearly 12% on Friday, climbing to $0.2657 and outperforming every other top-20 cryptocurrency by daily percentage gain, according to CoinDesk Data. The rally followed an announcement by popular trading platform Robinhood that it had added support for the asset, increasing its exposure to a broad base of U.S. retail investors. The listing sent HBAR trading volumes sharply higher, with a mid-day breakout around 12:00 UTC on July 25 pushing prices through the $0.26 mark amid more than 713 million tokens traded in a single hour. That move established the $0.26 zone as near-term resistance, though the token continued to show strong upward momentum into Saturday. Hedera, unlike traditional blockchains, operates on a unique hashgraph consensus model that allows for high-speed, low-cost transactions at scale. It is designed to support decentralized applications, NFTs, and DeFi, and is widely known for its energy efficiency. The network's native token, HBAR, is used to pay for network services, stake for security, and incentivize node participation. One analyst believe HBAR could have more room to run. On Friday, crypto analyst ChartNerd said on X that HBAR could be setting up for a major move higher — but only if it clears a key technical hurdle. Specifically, he pointed to a resistance level near $0.35, which he said aligns with something called the Supertrend indicator — a commonly used tool that helps traders identify when an asset may switch from a downtrend to an uptrend. According to ChartNerd, if HBAR can close above that level with strong momentum, the token could enter what traders call 'price discovery' — a stage where there are no prior highs to act as barriers. He cited Fibonacci extension levels, which are often used to estimate future price targets during strong uptrends, suggesting that HBAR could potentially rise to $1.26 or even $3.30 in a bullish scenario. Technical Analysis Highlights According to CoinDesk Research's technical analysis data model, HBAR rose from $0.24 to $0.27 over the 24-hour period ending July 26 at 06:00 UTC, gaining nearly 12% on the day. The sharpest move happened around midday Friday, when a large spike in trading volume pushed prices above $0.26. After hitting that level, the token briefly pulled back, suggesting that $0.26 may act as a short-term ceiling. Support held firm around $0.24, with buying activity building steadily throughout the day and forming a clear upward trend. Traders are now watching for a possible move above $0.27, which could signal further gains into the weekend. Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
Yahoo
4 days ago
- Business
- Yahoo
CoinDesk 20 Performance Update: Solana (SOL) Drops 4.2%, Leading Index Lower
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3943.11, down 2.0% (-80.67) since 4 p.m. ET on Thursday. Five of 20 assets are trading higher. Leaders: BCH (+7.2%) and HBAR (+3.6%).Laggards: SOL (-4.2%) and XRP (-3.7%). The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
17-07-2025
- Business
- Cision Canada
Valour Enters Swiss Market with HBAR and ICP Staking ETP Listings on SIX Swiss Exchange
Valour Launches First Products on SIX Swiss Exchange: Valour has officially entered the Swiss market with the listing of two staking ETPs—1Valour Hedera (HBAR) and 1Valour Internet Computer (ICP)—on the SIX Swiss Exchange. Access to Native Yield Through Regulated ETPs: Both products offer secure, transparent, and regulated exposure to HBAR and ICP, while integrating native staking rewards directly into their structure. Accelerating Toward 100 ETPs in Europe: With this launch, Valour now offers over 75 ETPs across Europe and continues to expand its footprint in line with its goal of reaching 100 ETPs by the end of 2025. TORONTO, July 17, 2025 /CNW/ - DeFi Technologies (the " Company" or " DeFi Technologies") (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B), a financial technology company bridging the gap between traditional capital markets and decentralized finance ("DeFi"), is pleased to announce that its subsidiary, Valour Inc., and Valour Digital Securities Limited (together, " Valour"), a leading issuer of exchange traded products (" ETPs") has successfully listed two digital asset ETPs on the SIX Swiss Exchange—marking its inaugural product launch in Switzerland. The newly listed products are: 1Valour Hedera (HBAR) Physical Staking (ISIN: GB00BRC6JM96) 1Valour Internet Computer (ICP) Physical Staking (ISIN: GB00BS2BDN04) These cross-listed ETPs are already trading on other major European exchanges and will now be accessible to Swiss investors through their existing brokerage accounts. With competitive management fees and integrated staking rewards, both products provide secure, transparent, and regulated access to digital assets while enabling investors to benefit from native protocol yields. About the Listed Products 1Valour Hedera (HBAR) Physical Staking HBAR is the native token of the Hedera network, a high-throughput, proof-of-stake public ledger designed for enterprise-grade applications. This ETP offers investors exposure to HBAR while capturing staking rewards—distributed directly to the product and reflected in its net asset value—without requiring users to manage wallets or custodianship themselves. 1Valour Internet Computer (ICP) Physical Staking ICP powers the Internet Computer, a decentralized network that enables secure, scalable smart contract execution and web-speed blockchain functionality. This ETP provides passive exposure to ICP while generating staking yield, enabling investors to participate in the network's native economics via a traditional financial instrument. Executive Commentary Johanna Belitz, Head of Nordics and DACH at Valour, commented: "Launching on SIX is a major milestone in our mission to democratize access to digital assets. Switzerland is one of the most forward-looking markets for regulated crypto products, and we're proud to offer investors here access to yield-bearing protocols like HBAR and ICP in a simple and compliant format." Elaine Buehler, Head of Products at Valour, added: "Our debut on the SIX Swiss Exchange reflects growing institutional and retail appetite for digital asset products that generate yield. These ETPs not only give investors exposure to two high-quality blockchain ecosystems—they do so through structures designed for security, simplicity, and accessibility." With the addition of these products on SIX, Valour continues to expand its footprint across Europe, now offering over 75 ETPs on exchanges including Spotlight (Sweden), Börse Frankfurt (Germany), Euronext (Paris and Amsterdam), and now SIX (Switzerland). The Company remains on track to reach its goal of 100 ETPs by year-end 2025. About DeFi Technologies DeFi Technologies Inc. (Nasdaq: DEFT) (CBOE CA: DEFI) (GR: R9B) is a financial technology company bridging the gap between traditional capital markets and decentralized finance (" DeFi"). As the first Nasdaq-listed digital asset manager of its kind, DeFi Technologies offers equity investors diversified exposure to the broader decentralized economy through its integrated and scalable business model. This includes Valour, which offers access to over sixty-five of the world's most innovative digital assets via regulated ETPs; Stillman Digital, a digital asset prime brokerage focused on institutional-grade execution and custody; Reflexivity Research, which provides leading research into the digital asset space; Neuronomics, which develops quantitative trading strategies and infrastructure; and DeFi Alpha, the company's internal arbitrage and trading business line. With deep expertise across capital markets and emerging technologies, DeFi Technologies is building the institutional gateway to the future of finance. Follow DeFi Technologies on LinkedIn and X/Twitter, and for more details, visit About Valour Valour Inc. and Valour Digital Securities Limited (together, " Valour") issues exchange traded products (" ETPs") that enable retail and institutional investors to access digital assets in a simple and secure way via their traditional bank account. Valour is part of the asset management business line of DeFi Technologies. For more information about Valour, to subscribe, or to receive updates, visit About Reflexivity Research Reflexivity Research LLC is a leading research firm specializing in the creation of high-quality, in-depth research reports for the bitcoin and digital asset industry, empowering investors with valuable insights. For more information please visit About Stillman Digital Stillman Digital is a leading digital asset liquidity provider that offers limitless liquidity solutions for businesses, focusing on industry-leading trade execution, settlement, and technology. For more information, please visit About Neuronomics AG Neuronomics AG is a Swiss asset management firm specializing in AI-powered quantitative trading strategies. By integrating artificial intelligence, computational neuroscience and quantitative finance, Neuronomics delivers cutting-edge solutions that drive superior risk-adjusted performance in financial markets. For more information please visit Cautionary note regarding forward-looking information: This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the listing of 1Valour Hedera (HBAR) Physical Staking ETP, 1Valour Internet Computer (ICP) Physical Staking ETP; the development of the Internet Computer protocol, Hedera blockchain; development of additional ETPs and the number of ETPs anticipated by end of 2025; investor confidence in Valour's ETPs; investor interest and confidence in digital assets; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by the Company and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; growth and development of decentralised finance and cryptocurrency sector; rules and regulations with respect to decentralised finance and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
