CoinAnalyst and Yieldster Enter Into a Strategic Partnership
CoinAnalyst and Yieldster have entered into a strategic
partnership, combining CoinAnalyst industry leading crypto products
with Yieldster world class Vaults designed for institutional
investors and family offices.
Toronto, Ontario -- November 15, 2021 -- CoinAnalyst
Corp. (CSE: COYX) (FSE: 1EO) ("CoinAnalyst" or
the "Company"), a company that provides an
artificial intelligence-based big data analytics platform (the
"Platform") that enables investors in the digital
asset sector and other industries to access a custom dashboard,
today announced it has entered into a strategic partnership with
Yieldster.io (Yieldster).
"We told our shareholders to stay tuned as we come out of the
gate with a bang! We couldn't be more excited to announce this
partnership as our first public market announcement. CoinAnalyst
intends to implement our successful Copy Trading strategies on the
Yieldster DeFi platform, providing their users to set up AI data
driven Vaults for their investor powered by CoinAnalyst," said
Pascal Lauria, CEO and Co-Founder of CoinAnalyst.
A vault contains crypto assets that are tied to a smart contract
that defines the terms under which the assets are traded, so every
trade is logged on the blockchain and is transparent.
Amin El Gazar, CEO and Co-Founder of Yieldster stated: "We
welcome CoinAnalyst as one of the first companies to add their
strategies to our Vaults, but the partnership goes much deeper than
this. We are also working together to integrate their Insights
platform, monthly newsletters, and institutional level research
within our infrastructure. We feel a well-rounded offering adds
immense benefit to our institutional investors and family offices
alike."
About CoinAnalyst
CoinAnalyst provides an artificial intelligence-based big data
analytics Platform that enables investors in the digital asset
sector and other industries to access a custom dashboard. The
dashboard monitors and analyzes real-time data from the digital
asset market (Coins/Tokens/NFTs/initial offerings). The software
monitors news sources, tracks influencers, scans online social
media, and provides sentiment analysis, forecast and trade signals
on the top 300 digital assets (more are added regularly).
Additionally, the software system provides news, price quotes and
allows for messaging. A mobile version and professional terminal
are in development with expected availability in Q1, 2022. The
Platform is accessed through a monthly subscription model, which
ranges in price depending on the plan. The plans include basic,
professional, and corporate. The Platform is sold through
business-to-consumer (B2C) and through
business-to-business-to-consumer (B2C2C).
About Yieldster.io
Yieldster DAO is a leading technology company developing the
innovative Yieldster DeFi platform that gives investors the ability
to run an investment strategy on DeFi including portfolio
allocation, arbitrage, and liquidation. Unlike other companies in
this space, who create walled gardens for their protocols,
Yieldster created a compliance overlay that covers its own
protocols as well as others. Yieldster was founded in March 2020 by
a team of experienced fintech technologist and entrepreneurs whose
goal it is to remove the complexity and bring credibility in
investing in DeFi.
Learn more about
Yieldster - https://yieldster.io
Learn more about
CoinAnalyst - https://coinanalyst.tech
For more information, please contact:
Andrew Sazama
Chief Operating Officer and Director
Email: contact@coinanalyst.tech
Phone: + 49 69 2648485 - 20
Forward-Looking Information
This press release contains forward-looking statements and
forward-looking information within the meaning of applicable
Canadian and U.S. securities laws. The use of any of the words
"expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "believe", "plans",
"intends" and similar expressions are intended to identify
forward-looking information or statements. Forward-looking
statements in this news release may include, but are not limited
to, statements with respect to internal expectations, the Company
being able to successfully execute its business strategy,
statements regarding the development of a mobile version of the
Platform and professional terminal, the continued availability of
capital and financing, and general economic market or business
conditions. The forward-looking statements and information are
based on certain key expectations and assumptions made by
management.
Although management of the Company believes that the
expectations and assumptions on which such forward-looking
statements and information are based are reasonable, undue reliance
should not be placed on the forward-looking statements and
information. There can be no assurance that they will prove to be
correct. By its nature, such forward-looking information is subject
to various risks and uncertainties, which could cause the actual
results and expectations to differ materially from the anticipated
results or expectations expressed. These risks and uncertainties,
include, but are not limited to, general economic conditions, the
state of the regulatory environment in which the Company operates,
competition, loss of markets, inability to access sufficient
capital from internal and external sources, currency and interest
rate fluctuations, and other risks. Please refer to the Listing
Statement for more details on the risks faced by the Company.
Readers are cautioned not to place undue reliance on this
forward-looking information, which is given as of the date hereof,
and to not use such forward- looking information for anything other
than its intended purpose. Management of the Company undertakes no
obligation to update publicly or revise any forward-looking
information, whether as a result of new information, future events
or otherwise, except as required by law.
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