The latest update is out from Blue Star Capital ( (GB:BLU) ).
Blue Star Capital announced that its investee company, SatoshiPay, has received a $468,000 grant from The Web3 Foundation to advance its Vortex project, a decentralized exchange platform aimed at enhancing global payments by linking stablecoins with local fiat currencies. This development will bolster SatoshiPay’s efforts to improve cross-border payment solutions, particularly in markets like Brazil and Argentina. The grant, alongside a matching equity round from SatoshiPay shareholders, showcases strong confidence in Vortex’s potential to revolutionize financial inclusion and efficiency in the blockchain space.
More about Blue Star Capital
Blue Star Capital is an investing company with a focus on new technologies, specifically in blockchain, esports, and payments. Its portfolio includes SatoshiPay Limited, an innovative blockchain company with a strong track record in payment solutions; Lets Play Live, a B2B white label gaming platform; Paidia, a female-focused gaming platform; and Sthaler Limited, which offers identity and payments technology using fingerprint recognition.
YTD Price Performance: 164.29%
Average Trading Volume: 240,746
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £3.05M
For an in-depth examination of BLU stock, go to TipRanks’ Stock Analysis page.