BitOoda and Newmark Enter into Partnership in Data Center and Digital Infrastructure
March 06 2024 - 11:46AM
Business Wire
Collaborative Platform Provides Clients with
Unique Services across Real Estate, High Performance Compute, AI
and Crypto
BitOoda, a pioneering digital investment bank, announced it has
entered into a strategic partnership with Newmark, a leading
commercial real estate adviser, that will allow the firms to
combine their expertise and relationships across the AI, data
center, and bitcoin mining industries. The partnership will enable
BitOoda and Newmark to further serve clients expanding into the AI
and Accelerated Compute markets, ranging from startups to data
center operators/occupiers to established players in the digital
asset space.
BitOoda CEO Tim Kelly stated, “This partnership represents a
valuable strategic alliance that will allow us to drive innovation
at the intersection of mission critical real estate, AI, and
emerging frontier technologies such as Zero Knowledge Proofs –
delivering exceptional value to our clients alongside the expert
team at Newmark.”
JR McDonald, Newmark Vice Chairman, said, “Newmark looks forward
to working with the BitOoda team to develop a comprehensive
platform for our clients by combining our decades of experience
procuring data centers, powered land, and colocation facilities
with BitOoda’s deep expertise in the AI and data center spaces.”
According to fellow Vice Chairman, Michael Morris, “Our clients can
expect enhanced services with access to a broader range of mission
critical solutions, creating unparalleled value and
opportunities.”
Newmark’s Data Center Capital Consulting group was formed in
2023 to offer a fully integrated, end-to-end service model that is
unrivaled in the industry and has already established a dominant
$2B+ pipeline. The group is anchored by senior investment,
financing, leasing and data center experts with an unmatched track
record of providing custom-tailored solutions for owners, operators
and occupiers of mission-critical facilities across the globe.
In-house research, marketing and financial analysis capabilities
further differentiate its comprehensive menu of client
services.
Contact tkelly@bitooda.io, michael.morris@nmrk.com or
sumner.putnam@nmrk.com for more information on this partnership or
to discuss the products and services offered on these
platforms.
About BitOoda: BitOoda Holdings Inc. is a U.S. based
digital investment bank and financial services firm focused on
emergence of the digital economy. BitOoda is regulated by the SEC,
the CFTC, and the NY DFS: its subsidiaries include BitOoda Digital
LLC, which holds a NY DFS Virtual Currency License; BitOoda
Technologies LLC, an SEC/FINRA-registered Broker-Dealer
specifically authorized to transact in Digital Securities; and Ooda
Commodities LLC, a CFTC/NFA-registered Introducing Broker. For more
information, please visit www.bitooda.io or email
info@bitooda.io.
About Newmark: Newmark Group, Inc. (Nasdaq: NMRK),
together with its subsidiaries (“Newmark”), is a world leader in
commercial real estate, seamlessly powering every phase of the
property life cycle. Newmark’s comprehensive suite of services and
products is uniquely tailored to each client, from owners to
occupiers, investors to founders, and startups to blue-chip
companies. Combining the platform’s global reach with market
intelligence in both established and emerging property markets,
Newmark provides superior service to clients across the industry
spectrum. For the year ending December 31, 2023, Newmark generated
revenues of approximately $2.5 billion. Newmark’s company-owned
offices, together with its business partners, operated from
approximately 170 offices with 7,400 professionals around the
world. To learn more, visit nmrk.com or follow @newmark.
Discussion of Forward-Looking Statements about
Newmark
Statements in this document regarding Newmark that are not
historical facts are "forward-looking statements" that involve
risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements. These
include statements about the Company's business, results, financial
position, liquidity, and outlook, which may constitute
forward-looking statements and are subject to the risk that the
actual impact may differ, possibly materially, from what is
currently expected. Except as required by law, Newmark undertakes
no obligation to update any forward-looking statements. For a
discussion of additional risks and uncertainties, which could cause
actual results to differ from those contained in the
forward-looking statements, see Newmark's Securities and Exchange
Commission filings, including, but not limited to, the risk factors
and Special Note on Forward-Looking Information set forth in these
filings and any updates to such risk factors and Special Note on
Forward-Looking Information contained in subsequent reports on Form
10-K, Form 10-Q or Form 8-K.
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Tom Nath BitOoda Holdings, Inc. info@bitooda.io
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