Latest news with #DigitalAssets
Finextra
17 hours ago
- Business
- Finextra
Arab Bank Switzerland to launch yield-bearing bitcoin product wor HNW clients
XBTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. 0 The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance.
Zawya
21 hours ago
- Business
- Zawya
XBTO partners with Arab Bank Switzerland to launch innovative Bitcoin yield product
GENEVA, SWITZERLAND – X BTO, a global leader in institutional digital asset management, today announced a strategic partnership with Arab Bank Switzerland that will enable the Swiss private bank to launch a sophisticated Bitcoin yield product for its wealth management clients. The collaboration leverages XBTO's proprietary "Diamond Hands" strategy to provide Arab Bank Switzerland's clientele with an actively managed approach to generating yield on their Bitcoin holdings. The partnership addresses growing client demand for yield-generating cryptocurrency products within a comprehensive regulatory framework and institutional oversight structure. This offering will be branded as an "Arab Bank Switzerland product powered by XBTO," preserving established client relationships while expanding investment capabilities through proven institutional digital asset management expertise. "Today's announcement marks a significant milestone in our strategy to work with leading traditional financial institutions," said Karl Naim, Chief Commercial Officer and General Manager for UAE at XBTO. "Arab Bank Switzerland's six-year digital asset infrastructure development, combined with direct client demand for Bitcoin yield products, created the perfect foundation for this collaboration." Arab Bank Switzerland, which has offered Bitcoin custody services through its partnership with Taurus since 2019, identified a specific gap in their digital asset offerings. While the bank provided custody and loan-to-value lending against Bitcoin, high-net-worth clients specifically requested active yield-generating opportunities. "We have seen growing demand from our wealth management clients for ways to generate yield on their Bitcoin holdings within a properly managed risk framework," said Romain Braud, Head of Digital Assets at Arab Bank Switzerland. "This collaboration will position Arab Bank Switzerland as the first traditional Swiss private bank to offer an integrated, bank-branded Bitcoin yield product,while maintaining the personal relationship and fiduciary care clients expect from private banking.' XBTO's "Diamond Hands" strategy employs an options-based methodology designed to generate yield while strategically accumulating Bitcoin during market opportunities. The approach uses existing Bitcoin holdings as collateral for options transactions, generating premiums while positioning for accumulation during market pullbacks. "The maturation of institutional digital asset demand requires sophisticated solutions that go beyond simple exposure," said Javier Rodriguez-Alarcon, Chief Investment Officer and Head of Asset Management at XBTO. "This partnership demonstrates how established wealth managers can integrate crypto solutions while maintaining fiduciary responsibility through rigorous risk management and institutional oversight. Our approach prioritizes capital preservation and consistent yield generation over speculative trading." The collaboration sets a precedent for traditional financial institutions seeking to offer structured, compliant cryptocurrency products within existing client relationships rather than directing clients to external providers. With regulatory frameworks maturing and institutional demand accelerating globally, this partnership is expected to serve as a model to drive similar collaborations across the wealth management sector, positioning both firms at the forefront of the digital asset integration into traditional finance. Media Contacts For XBTO: Athraa Bheekoo Luna PR athraa@ For Arab Bank Switzerland: Barbara Mahe, Consultancy32: Lina Lahlou, Consultancy32: About XBTO From asset management to capital markets, XBTO helps clients capture opportunities in the age of digital assets. Founded in 2015 as a proprietary trading firm, XBTO built its foundation through nearly a decade of active participation in digital asset markets. Since 2023, XBTO has expanded into a full-service crypto quantitative investment firm. With a strong focus on Bitcoin, XBTO delivers risk-adjusted strategies across the alpha–beta continuum designed to perform across market cycles and regulatory environments. With decades of experience earned at the world's leading financial institutions and deep expertise in digital markets, XBTO brings a rare combination of financial discipline and digital-native insight. XBTO operates under robust regulatory oversight, with operating entities regulated by the Bermuda Monetary Authority and the Financial Services Regulatory Authority in Abu Dhabi. It operates from key financial hubs including Bermuda, New York, Miami, London, Paris, and Abu Dhabi. About Arab Bank (Switzerland) Ltd. Arab Bank (Switzerland) Ltd. was established in Switzerland in 1962 and serves as a bridge between the Middle East and the West. For more than 60 years, the Bank has been a trusted partner of established businesses, high net worth individuals and ambitious entrepreneurs with close ties in the MENA region. It is the independent sister company of Arab Bank Plc, one of the largest banks in the Middle East.
Coin Geek
4 days ago
- Business
- Coin Geek
Store excess solar power production in Bitcoin: IEEE study
Getting your Trinity Audio player ready... Dynamic solar power systems that switch between selling excess electricity back to the grid and using it for digital asset mining may be an answer to energy problems, according to an IEEE case study. The study highlights the two critical problems for block reward miners: massive energy consumption and the resulting environmental pollution. 1/6A groundbreaking new study shows that Bitcoin mining is the most effective way to accelerate rollout of solar panels across the world's cities: More effective than using either subsidies or Batteries by an order of dive in 👇 Renewable energy sources, such as solar panels, are often touted as an answer to the electricity demands of digital currency. Yet, based on the current way that renewables are used and the technological and economic challenges that remain, it isn't possible for them to meet the demand for energy without further technological advancement and changes to the current energy system. One of the specific problems—one that is particularly prevalent in Finland, the location of the paper's case study—is that peak loads occur in winter, while renewables such as solar only hit peak generation during summer. This cascades into a broader problem: the perception that the fixed investment cost of getting a solar system up and running is not worth the ultimate savings of switching to renewables. A common solution to this problem has been to use batteries capable of storing excess electricity until needed. However, this is only so useful: batteries must be discharged past a certain point. 4/6 That's because batteries only give so much storage before they have to be dischargedThis study compared Battery to Bitcoin miningThe difference was stark Bitcoin is not just a little big better than batteries, it is 4.6x better than batteries: a facemelting 57.7% ROI — Daniel Batten (@DSBatten) June 10, 2025 The IEEE study essentially proposes storing the value associated with the excess electricity—not in a battery, but in Bitcoin. The study suggests a system that channels excess energy production in peak times—such as summer—into digital asset mining. This works on similar principles to a model already implemented in domestic renewable production, whereby homeowners with solar power can sell back excess production to the grid. Under the newly proposed system, homeowners could switch between putting their excess energy back into the grid and putting it into digital asset mining, depending on which is most competitive at the time. The benefits of this are myriad. Not only does it help populate the digital asset mining ecosystem with clean, renewable energy, but the savings and returns given to homeowners can help reduce the overall annual cost of housing. It also helps offset one of the drawbacks of the sellback model, which is the overall reduction of electricity price due to higher supply, thereby making it less viable for homeowners to sell. The envisioned model was applied to a 24-apartment building in Helsinki, Finland. The report contains a case study undertaken in Finland using a 24-apartment building in Helsinki with half of its roof space taken up by solar panels. It was found that the building's annual costs could be reduced by 68.1%. 'It has been shown that employing the proposed hedging mechanism will result in sufficient encouragement to invest in PV systems and decrease the annual cost of residential apartments,' reads the study. The study notes that though the case study bears out the assumptions, more work is still needed to test the model's viability. This could include investigating the potential of peer-to-peer energy trading among apartment tenants and investigating the role that government policy could play in encouraging adoption. Watch: Bryan Daugherty: Proof of ESG initiative through a sustainable blockchain
UPI
28-05-2025
- Business
- UPI
Trump withdraws Biden-era policy on warning against cryptocurrency 401(k) retirement investing
1 of 2 | The policy shift arrived as U.S. President Donald Trump (seen March 7 at a Digital Assets (Crypto) Summit at the White House in Washington, D.C.) has enthusiastically embraced the crypto world while the Trump's crypto wealth has ballooned on paper through his own meme coin and as his two eldest sons pursue other crypto-related business ventures amid calls for Ethics Investigations. File Photo by Chris Kleponis/UPI | License Photo May 28 (UPI) -- The Trump administration on Wednesday revoked Biden-era guidance on cryptocurrency-related 401 (k) plans and other digital assets. President Donald Trump's U.S. Labor Department withdrew full guidance put in place in 2022 by then-President Joe Biden's administration. It advised American companies to exercise "extreme care" prior to allowing crypto-related retirement investments as an option for employees. It cited "serious concern" over the level of negative exposure for investors given reports of "significant risks of fraud, theft and loss" and with crpyto linked to ISIS and other acts of international terrorism. Now, the department says it's "neither endorsing, nor disapproving of" employers who opt to add cryptocurrency to a list of 401 (k) investments, adding that Trump's policy change will extend to a "wide range" of other digital assets such as tokens, coins, crypto assets "and any derivatives thereof." On Wednesday, U.S. Labor Secretary Lori Chavez-DeRemer said the Biden White House attempted to "put their thumb on the scale" to discourage crypto investing. Trump's Labor Department said in a compliance assistance bulletin that prior to Biden's 2022 guidance, the department had "usually articulated a neutral approach to particular investment types and strategies." "We're making it clear that investment decisions should be made by fiduciaries, not DC bureaucrats," the secretary posted to social media. It said a standard of "extreme care" cited by Biden's Labor Department was reportedly "not found" in the Employee Retirement Income Security Act, or ERISA, which gives a fiduciary duty to employers that oversee 401(k) investments. "In reality, it's saying we should treat crypto like any other asset," Philip Chao, a certified financial planner and retirement investment consultant, told CNBC. The shift arrived as the White House has exuberantly embraced the crypto industry while the president's crypto wealth has ballooned on paper through his own meme coin and as his two eldest sons pursue other crypto-related business ventures amid calls for ethics investigations. Last month, the U.S. Department of Justice ended its National Cryptocurrency Enforcement Team and redirected focus away from targeting crypto fraud. Deputy Attorney General Todd Blanche said DOJ will "no longer pursue litigation or enforcement actions that have the effect of superimposing regulatory frameworks on digital assets" as Trump allegedly has "actual regulators do this work outside the punitive criminal justice framework." On Tuesday, Trump's Truth Social platform announced its plans to establish a $2.5 billion "bitcoin Treasury." Meanwhile, Vice President JD Vance was scheduled Wednesday to deliver a keynote address at a bitcoin conference in Las Vegas. Chao, founder of Experiential Wealth in Cabin John, Md., says crypto is "such a new thing and there's no regulation or protection, even a reasonable understanding of it." "And there still isn't enough," Chao stated.
Yahoo
26-05-2025
- Business
- Yahoo
Generative Search Visibility Gives Businesses an Edge in AI Search
Built by Frank Masotti, Generative Search Visibility is a groundbreaking done-for-you service that helps businesses get discovered in AI Overviews and AI responses. Tucson AZ , May 26, 2025 (GLOBE NEWSWIRE) -- As large language models (LLMs) quickly become the main source for consumer recommendations and decision-making, businesses struggle to stay visible. With natural-language AI queries replacing traditional search engines, inclusion in AI Overviews and AI responses is the new front line for brand discoverability, where being part of the answer matters more than ranking on a results page. To address this dramatic shift, digital strategist Frank Masotti has launched Generative Search Visibility (GSV), a done-for-you system designed to help companies appear in AI search results. At the heart of GSV are the Generative Search Visibility Deliverables—a suite of digital assets built specifically to surface in AI Overviews and AI responses, offering businesses a powerful new way to stay relevant and competitive in an AI-driven world. Generative Search Visibility 'Traditional SEO just doesn't cut it anymore,' said Masotti. 'With AI-generated answers taking over, it's way more important to show up in AI responses than on a search results page. That's exactly why we built this system—to help businesses stay visible in this new landscape.' Each client that signs up receives a full range of digital assets, including a clean, search-ready domain registered under Masotti's name, a custom-built website hosted on a private platform, and branded accounts on major social media channels such as Facebook, X, and YouTube. Clients are also granted access to a professional AI video creation account—just like the one Masotti's team uses—enabling fast, professional video content creation with minimal effort. All assets are purpose-built to surface across the most popular LLMs, where most competitors remain completely invisible. The structure of the program emphasizes transparency and ownership. If a client decides to discontinue the service, all assets, including the domain, website (excluding proprietary plugins), social media credentials, and video creation accounts, are transferred to the client without restriction or ongoing obligation. The Generative Search Visibility Deliverables system is priced at $5,000 for setup and $5,000 per month for execution. However, in a limited-time early bird offer, the next five businesses to sign up will receive $2,000 off both setup and monthly fees for life. That means they will pay just $3,000 for setup and $3,000 per month—permanently. To learn more about Generative Search Visibility and how it helps businesses get discovered in LLMs, visit About Generative Search Visibility Generative Search Visibility (GSV) is a breakthrough visibility system created by digital strategist Frank Masotti to help businesses get recognized by popular LLMs. Instead of focusing on traditional search rankings, GSV creates and manages digital assets optimized for inclusion in AI Overviews and AI responses. The system offers a fully managed, transferable solution that ensures businesses can compete where it matters most—within the answers generated by AI. ### Media Contact Generative Search Visibility Address: 12621 N Tatum Blvd #2057, Phoenix, AZ 85032 Phone: (520) 820-6555 Website: Disclaimer This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. Any statements in this press release about expectations, beliefs, plans, projections, forecasts, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements. These statements are often, but not always, made through the use of words or phrases such as "may," "will," "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "predict," "potential," "opportunity" and similar words or phrases or the negatives of these words or phrases. You should read statements that contain these words carefully. The forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Various factors could cause actual events, results or performance to differ materially from those predicted in the forward-looking statements, including changes in general economic, business and political conditions, changes in the competitive landscape, regulatory initiatives and compliance with governmental regulations, and other factors not currently known or foreseeable. We undertake no obligation to update or revise any forward-looking statements included in this press release if our expectations or situations change, except as may be required by applicable laws. Please consult our Generative Search Visibility for additional information and disclosures regarding the matters covered in this press release.
