caizcoin

press release

PRESS RELEASE. The preservation of the Euro sculpture in downtown Frankfurt, Germany, has been in danger in recent months as no sponsors were willing to provide the required financing. At the same time, the costs of maintaining the sculpture have risen considerably, mainly due to increased levels of vandalism.

The independent non-profit association Frankfurter Kultur Komitee e.V., the owner of the Euro sculpture, would have been forced to have the sculpture auctioned off as a last resort by 15 October 2022 if no one had stepped forward to help.

Because of this situation and the resulting discussion in the media, the issue became a hot topic. Through this media attention, the Frankfurt company CAIZ Development GmbH became aware of the problem. As a local company with its roots firmly in the financial centre, they quickly decided to develop the financing necessary for the Euro sculpture to remain in Frankfurt.

CAIZ Development is a fintech company headquartered in Frankfurt, and it is developing a blockchain-based ecosystem for financial inclusion. For CAIZ Development, that means, among other things, access to a transactional account – currently unavailable to more than two billion people worldwide. “Caiz” in Arabic stands for “permitted, trustworthy and legal,” and it represents a general ethical orientation in the financial world.

The sponsorship contribution doesn’t only cover the maintenance costs for the Euro sculpture for the next five years. The main sponsor will also organize events on topics that match the statutory purpose of the Frankfurter Kultur Komitee e.V. association.

The city of Frankfurt, the European Central Bank and the local state (Hessian) Ministry of Finance will continue to be involved in the activities around the Euro sculpture.

Of course, further sponsors to support the Frankfurter Kultur Komitee, e.V. are always welcome.

Media contacts:

Frankfurter Kultur Komitee e.V.

Prof. Dr. Manfred Pohl

Tel: +49 (0)172-678 5628

manfred.pohl@frakk.de

CAIZ Development GmbH

Steffen Rieger

Tel: +49 (0)162-7963310

Steffen.rieger@caiz.com

LinkedIn: https://www.linkedin.com/in/steffen-rieger-b1504b149/

 

 

TECH NEWS RELATED

Report Suggests FTX's Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to 'Manipulate' Real Stock Prices

On Dec. 4, 2022, a report details that FTX-based synthetic stocks may have been used to manipulate the value of AMC shares. In May 2021, FTX offered 36 tokenized stocks but speculators believe it’s questionable whether or not the firm actually held the real stocks in the first place. ...

View more: Report Suggests FTX's Tokenized Stocks Might Not Have Been Backed 1:1, Synthetics May Have Been Used to 'Manipulate' Real Stock Prices

Wikipedia Editors List FTX's Questionable Blunder as the Top Trading Loss of All-Time

Following the collapse of FTX at the beginning of November, two top executives from FTX and Alameda Research — Sam Bankman-Fried and Caroline Ellison — have been listed among traders with the top trading losses worldwide on Wikipedia. According to the Wiki page, Bankman-Fried’s and Ellison’s so-called ‘trading loss’ ...

View more: Wikipedia Editors List FTX's Questionable Blunder as the Top Trading Loss of All-Time

Barcelona and Argentina Legend Mascherano Joins Alchemy Pay as Brand Ambassador

sponsored Barcelona and Argentina soccer legend, Javier Mascherano has signed for the leading fiat-crypto payment gateway Alchemy Pay. On December 1st, He announced on his social media platforms that he officially became an ambassador for Alchemy Pay, promoting its payment features and products, and will be working closely with ...

View more: Barcelona and Argentina Legend Mascherano Joins Alchemy Pay as Brand Ambassador

Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High

Unus sed leo was one of a few gainers on Tuesday, as cryptocurrency markets mostly traded lower. Bearish sentiment returned to the global crypto market cap in today’s session, with prices down by 1.77% as of writing. On the other hand, avalanche was trading lower, as prices retreated from ...

View more: Biggest Movers: LEO Rebounds on Wednesday, Whilst AVAX Falls From 3-Week High

Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon

Oasys, a Gamefi-oriented Web3 blockchain project, has announced it has closed a strategic funding round led by Galaxy Interactive, a VC firm, and Nexon, a gaming company. The round, whose numbers were not disclosed, will allow the company to enhance its ecosystem by expanding its pool of partners to ...

View more: Web3 Blockchain Gaming Project Oasys Closes Strategic Funding Round With Participation of Galaxy Interactive and Nexon

Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout

Ethereum was in the red on Tuesday, as bears reentered the market following a failed breakout of a key resistance level. Prices failed to sustain yesterday’s move above $1,300, with momentum slipping in today’s session. Bitcoin was also lower, however is trading above $17,000 as of writing. Bitcoin Bitcoin ...

View more: Bitcoin, Ethereum Technical Analysis: ETH Falls Below $1,300 Following Monday’s False Breakout

Report: South African Digital-Only Bank Launches Crypto Payments Gateway

A South African digital-only bank (also known as a “neo bank”), Be Mobile Africa, has reportedly launched a crypto payment gateway that allows merchants to convert digital currency payments to fiat currency. Cédric Jeannot, the CEO of the digital-only bank, said the “new gateway is a game-changer” that also ...

View more: Report: South African Digital-Only Bank Launches Crypto Payments Gateway

Argentina Signs Automatic Tax Data Sharing Agreement With the United States

The government of Argentina has signed a data sharing agreement with the U.S. to enhance the cooperation of the countries in the tax arena. The agreement, which was signed by Sergio Massa, minister of economy of Argentina, and U.S. ambassador Marc Stanley, will allow the Argentine national tax authority ...

View more: Argentina Signs Automatic Tax Data Sharing Agreement With the United States

Morgan Creek CEO Says FTX Co-Founder SBF Was a 'Pawn' Used to 'Punish' the Crypto Industry

Bitcoin's Difficulty Slides 7.32%, Reduction Marks the Largest Drop in 2022

India's Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year

This Week’s NFT Sales Slid 5% Lower Than Last Week, Ethereum NFT Sales Accounted for 76.8% of the Volume

Document Claims Alameda CEO Caroline Ellison’s FTX Margin Position Was Negative $1.3B in May 2022

RBB LAB Uses NFT to Serve Alberto De Luigi and Andreas Kohl Summons

Biggest Movers: LTC Climbs to Highest Level Since May

North Korean Lazarus Group Linked to New Cryptocurrency Hacking Scheme

Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday

Spanish Soccer League Laliga Will Certify Goal Scoring Balls Using Blockchain Tech

Swingby Partners With Chainlink To Secure Bitcoin Bridge

OTHER TECH NEWS

Top Car News Car News