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Vortex Brands Co. to Launch Algorithmic Trading Operations

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Vortex Brands Co. (OTC: VTXB) announced plans to enter algorithmic trading operations through a pending Memorandum of Understanding (MOU). The company will utilize proprietary algorithms that have demonstrated monthly returns of 9% or higher. The initiative includes access to up to $3 million in capital per trade from established firms. Vortex will participate in algorithm development and financial market trading as part of this strategic expansion into fintech. The company, which currently operates in Bitcoin mining and renewable energy, sees this as a significant step toward generating new revenue streams and enhancing shareholder value.

Vortex Brands Co. (OTC: VTXB) ha annunciato piani per entrare nelle operazioni di trading algoritmico tramite un Memorandum of Understanding (MOU) in fase di finalizzazione. L'azienda utilizzerà algoritmi proprietari che hanno dimostrato rendimenti mensili del 9% o superiore. L'iniziativa prevede l'accesso fino a 3 milioni di dollari in capitale per operazione da parte di aziende consolidate. Vortex parteciperà allo sviluppo di algoritmi e al trading sui mercati finanziari come parte di questa espansione strategica nel fintech. L'azienda, che attualmente opera nel mining di Bitcoin e nelle energie rinnovabili, considera questo un passo significativo verso la generazione di nuove fonti di reddito e il miglioramento del valore per gli azionisti.

Vortex Brands Co. (OTC: VTXB) anunció planes para incursionar en operaciones de trading algorítmico a través de un Memorando de Entendimiento (MOU) pendiente. La compañía utilizará algoritmos patentados que han demostrado rendimientos mensuales de 9% o más. La iniciativa incluye el acceso a hasta 3 millones de dólares en capital por operación de empresas establecidas. Vortex participará en el desarrollo de algoritmos y en el trading de mercados financieros como parte de esta expansión estratégica en fintech. La empresa, que actualmente opera en la minería de Bitcoin y en energías renovables, ve esto como un paso significativo hacia la generación de nuevas fuentes de ingresos y el aumento del valor para los accionistas.

Vortex Brands Co. (OTC: VTXB)는 체결 대기 중인 양해각서(MOU)를 통해 알고리즘 거래 운영에 진입할 계획을 발표했습니다. 이 회사는 월 9% 이상의 수익을 기록한 독점 알고리즘을 활용할 것입니다. 이 이니셔티브는 기존 기업으로부터의 거래당 최대 300만 달러의 자본 접근을 포함합니다. Vortex는 핀테크로의 전략적 확장 일환으로 알고리즘 개발과 금융 시장 거래에 참여할 것입니다. 현재 비트코인 채굴 및 재생 에너지 사업을 운영하는 이 회사는 새로운 수익원을 창출하고 주주 가치를 향상시키는 중요한 단계로 이를 보고 있습니다.

Vortex Brands Co. (OTC: VTXB) a annoncé des plans pour entrer dans les opérations de trading algorithmique via un Memorandum d'Entente (MOU) en attente. L'entreprise utilisera des algorithmes propriétaires ayant démontré des rendements mensuels de 9 % ou plus. L'initiative inclut l'accès à jusqu'à 3 millions de dollars en capital par transaction provenant d'entreprises établies. Vortex participera au développement d'algorithmes et au trading sur les marchés financiers dans le cadre de cette expansion stratégique dans la fintech. L'entreprise, qui opère actuellement dans le minage de Bitcoin et les énergies renouvelables, considère cela comme une étape significative vers la création de nouvelles sources de revenus et l'amélioration de la valeur pour les actionnaires.

Vortex Brands Co. (OTC: VTXB) hat Pläne angekündigt, in den algorithmischen Handel einzusteigen, indem ein ausstehendes Memorandum of Understanding (MOU) unterzeichnet wird. Das Unternehmen wird proprietäre Algorithmen nutzen, die monatliche Renditen von 9% oder mehr nachgewiesen haben. Die Initiative umfasst den Zugang zu bis zu 3 Millionen Dollar an Kapital pro Trade von etablierten Firmen. Vortex wird als Teil dieser strategischen Expansion in den Fintech-Bereich an der Algorithmusentwicklung und dem Handel an den Finanzmärkten teilnehmen. Das Unternehmen, das derzeit im Bitcoin-Mining und in der erneuerbaren Energie tätig ist, sieht dies als einen bedeutenden Schritt zur Generierung neuer Einnahmequellen und zur Steigerung des Aktionärswerts.

Positive
  • Access to proven algorithms with 9%+ monthly returns potential
  • Secured backing of up to $3M per trade from established firms
  • New revenue stream diversification through fintech expansion
Negative
  • MOU not yet finalized, indicating execution uncertainty
  • No proven track record in algorithmic trading operations
  • High-risk nature of algorithmic trading business

DENVER, Dec. 12, 2024 /PRNewswire/ -- Vortex Brands Co. (OTC: VTXB) today announced it is finalizing a Memorandum of Understanding (MOU) to launch algorithmic trading operations. This strategic expansion into fintech will leverage proprietary algorithms with a proven track record of generating monthly returns of 9% or more.

Under this MOU, Vortex Brands will gain access to these high-performing algorithms and actively participate in the financial markets, supported by established firms providing up to $3 million in capital per trade. The company will also contribute to the development of new algorithms, driving innovation and enhancing trading performance.

"This is a significant step for Vortex," says Todd Higley, CEO. "Adding this dynamic revenue stream aligns with our commitment to delivering shareholder value and accelerating growth."

About Vortex Brands Co.:
Vortex Brands Co. (OTC: VTXB) is a public company dedicated to developing and deploying innovative technologies, including Bitcoin mining, with a focus on renewable energy and financial technology. The company aims to drive sustainable growth and deliver long-term value to its shareholders through strategic investments and business expansion.

Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those implied by such statements.

Cision View original content:https://www.prnewswire.com/news-releases/vortex-brands-co-to-launch-algorithmic-trading-operations-302330448.html

SOURCE Vortex Brands Co.

FAQ

What are the expected returns from VTXB's new algorithmic trading operations?

According to the announcement, the proprietary algorithms have demonstrated monthly returns of 9% or higher.

How much trading capital will be available to VTXB per trade?

Established firms will provide up to $3 million in capital per trade for VTXB's algorithmic trading operations.

When will VTXB launch its algorithmic trading operations?

The exact launch date is not specified as the company is currently finalizing a Memorandum of Understanding (MOU) for the operations.

What is VTXB's role in the algorithmic trading venture?

VTXB will gain access to trading algorithms, actively participate in financial markets, and contribute to the development of new algorithms.

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