• The New Money
  • Posts
  • Stablecoins Fuelling Bullion Buys, The New Robotics SPAC, And Eric Jackson Hits The NYSE

Stablecoins Fuelling Bullion Buys, The New Robotics SPAC, And Eric Jackson Hits The NYSE

The markets and trends that matter, made simple. Discover what’s next.

Gold Backed Stablecoins Fuel Billions In Bullion Buying

Gold backed stablecoins have continued to soar in popularity and adoption which has fuelled a multi bullion dollar buying spree of physical gold bullion globally. Tether and Paxos Trust Company have combined to purchase over $3.5 billion in physical gold bullion, and Streamex (NASDAQ: STEX) recently made waves when they launched a $100 million pre-sale for their new gold backed stablecoin GLDY.

AMC Robotics Completes SPAC Deal

AMC Robotics (NASDAQ: AMCI) successfully completed their business combination with AlphaVest Acquisition Corp and begun trading on the Nasdaq. AMC Robotics is one of the first publicly traded companies in North America pursuing robotics for the purpose of security and patrolling physical environments such as warehouses and factories.

Eric Jackson Launches New Digital Asset Treasury Company

SRx Health (NYSE: SRXH) entered into reverse merger deal with digital asset treasury platform EMJX which is founded by fund manager Eric Jackson. EMJX has publicly stated they plan to hold Bitcoin and Ethereum directly as an asset while being focused on implementing strategies to hedge volatility and generate returns beyond simply passively holding digital assets.

Discover the world’s most exciting stocks, easier than ever before. Download The New Money App.

The Sprint

Looking to connect? Reach out and get in touch.

New here? Join our community of 100,000+ individuals interested in uncovering the world’s most exciting early stage companies.

Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by some of the companies mentioned in this email for awareness campaigns, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the mentioned companies without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.