Latest news with #accreditedinvestors
Crypto Insight
3 days ago
- Business
- Crypto Insight
Russia allows banks to offer crypto products to accredited investors
The Bank of Russia has permitted financial institutions to offer certain cryptocurrency-based financial instruments to accredited investors. Russian banks are now free to provide qualified investors with a range of crypto products, including crypto derivatives, securities and other digital financial assets tied to crypto prices, the central bank announced on May 28. A key stipulation, however, is that these products must not involve the 'actual delivery of cryptocurrencies,' the Bank of Russia emphasized. The announcement came alongside the Bank of Russia reporting a 51% increase in crypto asset inflows by Russian residents in the first quarter of 2025, totaling 7.3 trillion rubles ($81.5 billion). T-Bank among the first to offer Bitcoin investment products Some major Russian banks started rolling out cryptocurrency investment products immediately following the Bank of Russia's announcement. T-Bank (formerly Tinkoff Bank), one of the largest commercial banks in Russia, announced on May 29 the offering of digital financial assets (DFA) tied to Bitcoin . 'The tool allows you to invest in cryptocurrency in rubles through a familiar application — safely and within the legal framework of the Russian Federation, without opening an account on a crypto exchange and difficulties with protecting your wallet,' the bank said. T-Bank's new 'smart asset' offering is issued through the Russian state-backed tokenization platform Atomyze and is available exclusively to accredited investors. Direct crypto investments still not encouraged While greenlighting local lenders to offer crypto products, the Russian central bank still maintains a restrictive approach regarding direct cryptocurrency investment. 'The Bank of Russia still does not recommend financial institutions and their clients to invest directly in cryptocurrencies,' the Bank of Russia said in a statement. The central bank also noted the ongoing government discussions on the potential launch of an experimental regime that would allow certain investors to trade crypto assets like Bitcoin directly. Russia's estimated CEX holdings are at $9.2 billion In its latest financial stability review, the Bank of Russia estimated Russians' crypto holdings on centralized exchanges (CEXs) at 827 billion rubles ($9.2 billion). According to the authority, Bitcoin is leading Russians' CEX holdings with a 62% share, with Ether following at 22%. Stablecoins like Tether USDt and Circle's USDC ranked third with a share of 15.9%. Some local crypto enthusiasts observed that the actual figure of cryptocurrency held by Russians is significantly bigger than the estimated CEX holdings reported by the Bank of Russia. 'I know that [Pavel] Durov and [Alexey] Bilyuchenko alone have more money in their wallets than this amount,' Sergey Mendeleev, founder of the digital settlement exchange Exved, wrote on his Telegram channel. He hinted that Russians hold much bigger crypto amounts in wallets and decentralized exchanges. Source:
Associated Press
6 days ago
- Business
- Associated Press
Kumo Capital Expands Real Estate Investment Footprint Beyond Massachusetts
05/27/2025, Boston, Massachusetts // PRODIGY: Feature Story // Kumo Capital, a data-driven real estate investment firm based in Massachusetts, announced the expansion of its operations into new markets, including Michigan, Ohio, Texas, and the Carolinas. It's a significant pivot for the company as it widens its scope to include industrial assets, specifically the small- and shallow-bay segment, applying the same principles that have delivered consistent value for its investors in multifamily real estate. 'What we've done successfully in multifamily housing, like finding value in underutilized assets, improving them, and delivering attractive returns, is exactly what we're now applying in the industrial sector,' says Boris Kuritnik, President of Kumo Capital. 'The small bay space is what we call the 'multifamily of industrial.' It's fragmented, under-managed, but full of potential. Our team has the experience, tools, and rigor to unlock that value.' Since its establishment, Kumo Capital has been committed to transparency and long-term value creation. It has earned a reputation for offering accredited investors access to a portfolio of real estate assets that balance income generation and strategic growth. Specializing in multifamily, commercial, and industrial investments, the firm tailored its approach to emphasize consistent returns and low downside risk. It combines old-school fundamentals and modern data analytics by leveraging extensive experience across asset management, syndication, institutional capital, and underwriting. Kumo Capital operates under a value-add philosophy. It targets properties with untapped growth potential, which are usually acquired below replacement cost in markets with barriers to entry. These assets are typically owned by long-term holders who haven't fully realized their value due to low debt service or passive management. Kumo Capital's strategy extends to income-driven investments in 'core-plus' locations. These are properties that provide immediate cash flow through stable tenancy. The firm also selectively engages in entitlements and ground-up construction. It bridges the gap between existing conditions and market potential through physical improvements, strategic leasing efforts, and operational optimization. This can mean enhancing curb appeal and signage uniformity in industrial parks or upgrading kitchens and bathrooms in multifamily units. Ultimately, the goal is to boost net operating income and asset valuation. The company's expansion to small bay industrial properties beyond Massachusetts is a logical next step, given its track record of providing diversified income streams. Small bay properties serve multiple essential businesses, including contractors, tradespeople, and light manufacturers, who remain relatively insulated from consumer market volatility. Kumo Capital can reduce vacancy and create stability through tenant diversification by targeting spaces in the 5,000 to 20,000 square foot range. Kuritnik's broader market outlook supports this move. He states that high-profile industrial assets like e-commerce mega-warehouses attract headlines. However, they also attract competition and risk. On the other hand, as Kumo Capital has observed, smaller, functionally versatile properties have seen steady demand even through economic fluctuations. 'Small bay will carry the day. These are the buildings that keep America working. It's these low-maintenance, easy-to-re-lease assets that are crucial to local economies. Why? Because they're resilient. And that's what we need given the changes in the sector,' Michael Kuritnik, Chief Operating Officer, states. Kumo Capital has entered its next chapter with its expansion. As the firm continues to focus on systematically improving lower-risk, cash-flowing properties beyond Massachusetts, it welcomes new capital partners to join in this growth. Media Contact Name: Boris Kuritnik Email: [email protected] Source published by Submit Press Release >> Kumo Capital Expands Real Estate Investment Footprint Beyond Massachusetts
National Post
22-05-2025
- Business
- National Post
MedX Announces Further Closing of Non-Brokered Private Placement
Article content MISSISSAUGA, Ontario — MedX Health Corp. (' MedX ' or the ' Company ') (TSX-V: MDX) is pleased to announce that, further to its Press Release dated April 7, 2025, announcing an Initial Closing, it has completed a further Closing of the Non-brokered Private Placement to accredited investors originally announced in its Press Release dated February 25, 2025. The Further Closing comprised the issuance of 7,300,000 Units (as described below) and raised cash proceeds of $511,000, bringing the total amount raised so far to $1,456,000. Securities issued are subject to a regulatory 'hold' period of four months and one day from the date of issuance. Further Closing(s) of the Placement will be subject to receipt of further subscriptions and a number of other conditions, including without limitation the receipt of all relevant regulatory and Stock Exchange approvals or acceptances. Under this Non-Brokered Private Placement, the Company intends issue of up to a maximum of 35,714,858 Units at $0.07 per Unit ('Unit') to raise a Maximum amount of $2,500,000. Each Unit is comprised of One (1) fully paid common share and One (1) Share Purchase Warrant (' Warrant (s)'), exercisable to purchase One (1) further Common Share at the price of $0.09, during the period of one year commencing on the date of issuance. It is anticipated that, subject to compliance with relevant regulatory provisions, certain Insiders may participate in this Placement at a subsequent Closing, though to not more than 25% of the total funds raised. Qualified agents will receive a cash commission equal to 8% of the gross proceeds received by the Company from the sale of the Units to subscribers introduced by such agent(s) and agent's warrants (' Agent's Warrant(s) ') equal to 8% of subscriptions introduced by such agent(s). Each Agent's Warrant, which will be non-transferable, will entitle the holder to acquire, at the price of CAD$0.07, a unit, comprised of One (1) fully paid Common Share and one (1) non-transferable share purchase warrant (' Agent's Share Purchase Warrant '), entitling the holder to acquire one additional Common Share at the price of CAD$0.09. The Agent's Warrants and any Agent's Share Purchase Warrants that may be issued pursuant to exercise of an Agent's Warrant, if not exercised, will expire one year following the date of issuance. Article content Article content Funds raised in this Placement will be directed towards continuing development of the Company's leading edge SIAscopy® on DermSecure® telemedicine platform, building out the launch of its technology into the occupational health marketplace, and general corporate purposes. Article content About MedX Health Corp.: Article content MedX, headquartered in Ontario, Canada, is a leading medical device and software company focused on skin health with its SIAscopy® on DermSecure® telemedicine platform, utilizing its SIAscopy® technology. SIAscopy® is also imbedded in its products SIAMETRICS®, SIMSYS®, and MoleMate®, which MedX manufactures in its ISO 13485 certified facility. SIAMETRICS®, SIMSYS®, and MoleMate® include hand-held devices that use patented technology utilizing light and its remittance to view up to 2 mm beneath suspicious moles and lesions in a pain free, non-invasive manner, with its software then creating real-time images for physicians and dermatologists to evaluate all types of moles or lesions within seconds. These products are cleared by Health Canada, the U.S. Food and Drug Administration, the Therapeutic Goods Administration and Conformité Européenne for use in Canada, the U.S., Australia, New Zealand, the European Union and Turkey. Visit Article content Article content Article content Article content Contacts Article content Article content Article content
Forbes
14-05-2025
- Business
- Forbes
Mobile Home Parks And Parking Garages: Rethinking 'Boring' Investments
Brian Spear, Managing Principal & cofounder of Sunrise Capital Investors, a real estate investment company catering to accredited investors. getty Why do asset classes that seem "boring" make some of the best investments? First, they're often the safest—and no matter how fun or adventurous you may be personally, you likely don't want to be so adventurous with your money. Many investors are looking for an opportunity that's secure and stable, and "boring" investments often provide the most predictability, steadiest cashflow and even reasonable long-term growth. At my company, we pride ourselves on investing in mobile home parks (MHPs) and parking garages—assets often overlooked because they seem "boring." To us, boring is beautiful. Let me break down why and what investors should consider about these types of investments. The markets for MHPs and parking garages are fragmented, with ownership generally spread across many small operators rather than concentrated among a few dominant players. This fragmentation creates opportunities for investors, especially in the form of off-market deals. Off-market deals allow buyers to negotiate directly with property owners, sometimes securing assets well below market value. These transactions create what we call a margin of safety, enabling the buyer to "make money on the buy." Both MHPs and parking garages are generally backed by strong demand. People will always need affordable housing and parking—these are basic needs that do not fluctuate widely with market cycles. In the case of mobile home parks, demand is also likely to continue to rise due to the affordability crisis in housing. Similarly, the parking garage market size has experienced steady growth in recent years. According to The Business Research Company, part of this growth is attributable to a shortage of parking spaces in densely populated urban areas. I believe this lower supply only strengthens the fundamental demand drivers of existing assets. In short, the combination of shrinking supply and steady or increasing demand suggests continued strong supply-demand dynamics. One of the greatest advantages I see of MHPs and parking garages is their straightforward business model. These assets operate on a simple premise: People pay for a place to park or live. In our property management company, we streamline operations by managing our mobile home parks as though they were parking garages since, in fact, residents are renting a patch of ground to park their homes on. This simplicity makes ground-rent-based revenue streams easy to understand and manage. MHPs and parking garages also illustrate a solid investment strategy: that of cashflow-covered land plays. A covered land play is an approach where investors purchase income-generating properties with the potential for long-term redevelopment. While the property produces steady cash flow in the short term, its underlying land value appreciates over time. This strategy allows investors to enjoy consistent income while positioning themselves for future sale and/or development of the land for a different use. Think of an urban parking garage being converted to a multifamily development once population demand makes the economics of the land acquisition feasible for a developer. In my experience, owners often hold MHPs and parking garages long-term, as they tend to offer stability, predictable cash flow and growth over time. A long-term perspective means investors can potentially benefit from steady income streams and increasing land values. As they say about land, "They're not making any more of it." Land in growth areas remains an attractive asset in itself, regardless of economic changes. By holding these covered land investments for 10 years or more, investors can ride out short-term market cycles and sell when the time is right, thus unlocking significant wealth-building potential. Even though "boring" investments tend to be more stable than other investments, there are still risks to consider. For starters, many MHPs are decades old, meaning that utility infrastructure may be outdated or worn down, so repairs may be costly. Additionally, MHPs tend to have a negative stigma that can make investing difficult. Though strides have been made toward creating a more positive association, this stigma still exists—this can influence the demand for MHPs. In the case of parking garages, if you're just getting started, you may find it difficult to gather the most attractive financing options available in the marketplace. Since parking garages are a niche asset class, there are fewer lenders in the marketplace that understand its nuances (compared to multifamily, for example). Moreover, with the increase in ride-hailing services such as Uber or Lyft, some have suggested the possibility of a decline in car ownership. If car ownership significantly declines, commercial parking may not be the most attractive investment option. Even with these risks in mind, with the right operator, I believe the potential benefits of investing in mobile home parks and parking garages remain strong. These asset classes offer unique opportunities for strong cash flow and operational upside—especially for investors willing to dig deeper, operate smartly and play the long game. One piece of advice I would give investors is that location is everything in real estate—it can influence demand, rental income potential and property value. So, before committing to an investment, it's essential to examine the area the property is located in. For example, you might consider investments located in close proximity to urban amenities such as shopping centers, parks, hospitals or schools, as these amenities can foster population growth. Furthermore, local market conditions can impact investments. Job opportunities, population trends and unemployment rates can all affect an investment's performance, so it's wise to research local economic trends when considering an investment. "Boring" investments like mobile home parks and parking garages may not capture headlines, but they have delivered where it matters most for us. By adding these types of assets to your portfolio and following the advice outlined above, you can diversify your holdings and work toward protecting against recession risks. These investments embody the timeless truth that wealth is typically built steadily, not suddenly, and I believe this makes them a solid choice worth considering for investors. The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation. Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?
