Episode Details

Back to Episodes

Ryde Group Invests in Crypto, Shares Plummet

Published 2 weeks ago
Description

Ryde Group, a Singapore-based ride-sharing service, is diversifying its corporate reserves by investing in cryptocurrencies like Bitcoin, Ether, and Solana. The company plans to store the crypto with a third-party keeper, overseen by an investment committee and a risk team. This move comes as shares on the New York Stock Exchange American fell, and the crypto sector has seen value drops and low inflows.

Support the show:
Get a discount at https://solipillow.com/discount/dnn.

Advertise on DNN:
advertise@thednn.ai

This is an automated, high-level news summary based on public reporting.
Report issues to feedback@thednn.ai.

View sources & latest updates:
https://sources.thednn.ai/4ec2dd91a1861a63

Listen Now

Love PodBriefly?

If you like Podbriefly.com, please consider donating to support the ongoing development.

Support Us