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Bitget Lists Spark (SPK) in Innovation and DeFi Zone
Bitget Lists Spark (SPK) in Innovation and DeFi Zone

Business Insider

time5 days ago

  • Business
  • Business Insider

Bitget Lists Spark (SPK) in Innovation and DeFi Zone

Bitget, the leading global cryptocurrency exchange and Web3 company, has announced the listing of Spark (SPK), an onchain capital allocator. Trading will commence under the SPK/USDT pair on 17 June 2025, 09:00 (UTC) with withdrawals available on 18 June 2025, 10:00 (UTC). The token will be listed in Bitget's Innovation and DeFi Zone, reflecting its status as a project at the forefront of decentralized finance. Spark is a decentralized finance (DeFi) and real-world asset (RWA) protocol focused on delivering optimized, risk-adjusted returns for stablecoin holders. Operating as an onchain capital allocator, Spark has deployed over $3.86 billion in liquidity across leading blockchain networks including Ethereum, Arbitrum, Base, Optimism, Unichain, and Gnosis Chain. At its core, Spark offers three flagship products that work in synergy to support stablecoin holders and enhance market liquidity. Spark Savings allows users to earn competitive, risk-adjusted yields with minimal liquidity constraints. SparkLend enables the borrowing of stablecoins such as USDC and USDS against a variety of collateralized assets. Meanwhile, the Spark Liquidity Layer (SLL) improves liquidity across DeFi platforms, real-world assets, and exchanges, creating more efficient capital flow throughout the ecosystem. The Spark ecosystem is powered by its native token, SPK, which plays a central role in governance, staking, and reward distribution. Through its decentralized and community-driven model, Spark is building a more resilient and accessible financial infrastructure for the digital economy. As DeFi evolves to offer more sophisticated tools to users, projects like Spark demonstrate how innovative capital allocation, seamless cross-chain liquidity, and user-focused financial products can unlock sustainable yields and bring institutional-grade efficiency to the decentralized economy. For more information about Spark (SPK), visit here. About Bitget Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform. Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. For media inquiries, please contact: media@ Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

Sarawak approves 82 resettlement projects
Sarawak approves 82 resettlement projects

The Sun

time28-05-2025

  • Business
  • The Sun

Sarawak approves 82 resettlement projects

KUCHING: A total of 82 projects under the Resettlement Scheme (SPS) and Village Expansion Scheme (SPK) have been approved as of April 30 under the 12th Malaysia Plan (12MP) and the People's Project, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said the overall project provides a total of 7,932 housing lots with an estimated cost of RM1.5 billion. 'Of the total, 25 projects are completed while the implementation of the remaining 57 projects will continue until the end of the 12MP and in the 13MP,' he said when winding up on behalf of the Ministry of Natural Resources and Urban Development at the State Assembly here today. Awang Tengah, who is also the Second Minister of Natural Resources and Urban Development, said that since 2018, infrastructure development for the scheme has been implemented with new specifications involving the construction of, among others, paved roads, concrete drains and water and electricity supply reticulation systems, involving an average cost of RM150,000 per lot. 'However, taking the people's welfare into consideration, the government has set the land premium payment at no more than RM2,500, which can be paid in annual instalments for up to 10 years,' he said.

Sarawak Govt Approves 82 SPS, SPK Projects Under 12MP
Sarawak Govt Approves 82 SPS, SPK Projects Under 12MP

Barnama

time28-05-2025

  • Business
  • Barnama

Sarawak Govt Approves 82 SPS, SPK Projects Under 12MP

KUCHING, May 28 28 Mei (Bernama) -- A total of 82 projects under the Resettlement Scheme (SPS) and Village Expansion Scheme (SPK) have been approved as of April 30 under the 12th Malaysia Plan (12MP) and the People's Project, said Sarawak Deputy Premier Datuk Amar Awang Tengah Ali Hasan. He said the overall project provides a total of 7,932 housing lots with an estimated cost of RM1.5 billion. "Of the total, 25 projects are completed while the implementation of the remaining 57 projects will continue until the end of the 12MP and in the 13MP,' he said when winding up on behalf of the Ministry of Natural Resources and Urban Development at the State Assembly here today.

Spark New Zealand (NZSE:SPK) earnings and shareholder returns have been trending downwards for the last three years, but the stock climbs 3.4% this past week
Spark New Zealand (NZSE:SPK) earnings and shareholder returns have been trending downwards for the last three years, but the stock climbs 3.4% this past week

Yahoo

time08-05-2025

  • Business
  • Yahoo

Spark New Zealand (NZSE:SPK) earnings and shareholder returns have been trending downwards for the last three years, but the stock climbs 3.4% this past week

For many investors, the main point of stock picking is to generate higher returns than the overall market. But in any portfolio, there are likely to be some stocks that fall short of that benchmark. Unfortunately, that's been the case for longer term Spark New Zealand Limited (NZSE:SPK) shareholders, since the share price is down 55% in the last three years, falling well short of the market decline of around 9.4%. The more recent news is of little comfort, with the share price down 50% in a year. Furthermore, it's down 26% in about a quarter. That's not much fun for holders. The recent uptick of 3.4% could be a positive sign of things to come, so let's take a look at historical fundamentals. Our free stock report includes 4 warning signs investors should be aware of before investing in Spark New Zealand. Read for free now. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Spark New Zealand saw its EPS decline at a compound rate of 23% per year, over the last three years. So do you think it's a coincidence that the share price has dropped 23% per year, a very similar rate to the EPS? We don't. So it seems that investor expectations of the company are staying pretty steady, despite the disappointment. It seems like the share price is reflecting the declining earnings per share. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). NZSE:SPK Earnings Per Share Growth May 8th 2025 It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. This free interactive report on Spark New Zealand's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Spark New Zealand, it has a TSR of -43% for the last 3 years. That exceeds its share price return that we previously mentioned. The dividends paid by the company have thusly boosted the total shareholder return.

Saudi Museums Commission and Germany's SPK launch executive program to boost museum collaboration
Saudi Museums Commission and Germany's SPK launch executive program to boost museum collaboration

Saudi Gazette

time07-05-2025

  • Business
  • Saudi Gazette

Saudi Museums Commission and Germany's SPK launch executive program to boost museum collaboration

RIYADH — The Saudi Museums Commission and Germany's Prussian Cultural Heritage Foundation (SPK) have activated an Executive Program to deepen long-term cooperation across the museum sector, marking a major milestone in bilateral cultural collaboration. The program includes the creation of a loan index featuring selected artworks and artifacts from SPK's Berlin-based museums to be shared with the Museums Commission over a five-year period. It also covers joint exhibitions in art and archaeology, strategic cultural initiatives, and capacity-building through training and residencies. A key feature of the partnership is Museums in Motion, a flagship initiative set to unite up to 80 cultural professionals from both nations through four interdisciplinary training sessions held in Saudi Arabia and Germany. The program aims to foster professional exchange and long-term institutional partnerships. Additionally, a secondment initiative with Berlin's Hamburger Bahnhof – Nationalgalerie der Gegenwart will support Saudi talent development in museum management and curation. Over five years, SPK experts will provide training, mentorship, and collaborative knowledge-sharing. — SG

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