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BLU Blue Star Capital Plc

0.0325
0.00 (0.00%)
Last Updated: 08:00:00
Delayed by 15 minutes
Blue Star Capital Investors - BLU

Blue Star Capital Investors - BLU

Share Name Share Symbol Market Stock Type
Blue Star Capital Plc BLU London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.0325 08:00:00
Open Price Low Price High Price Close Price Previous Close
0.0325 0.0325 0.0325 0.0325
more quote information »
Industry Sector
GENERAL FINANCIAL

Top Investor Posts

Top Posts
Posted at 09/4/2024 12:43 by ace ventura11
Buyers starting to move back in now, looks like the Selling is finished. Remember most holders here have an average above 0.15p, many much higher.

Only a few been available at these lows. Ive bought more down here. MMs now want 0.039p for Just 10 mill or £3900.00.

Could move fast as investors return here and crypto bull run builds.
Posted at 13/3/2024 10:38 by clocktower
Other than as a short term gamble, I cannot understand why anyone bought into this dream.
The only winners were always going to be the BOD as they swallowed up investors money trying to prove they were better investors than the PI’s that gave them there money.

The others that made a killing were those that took up placings and promptly dumped for a nice profit.
Posted at 11/10/2023 08:50 by jack jebb
JPMorgan Uses Blockchain Settlement in BlackRock-Barclays Trade
Tech could speed transactions, see more efficient capital use
JPMorgan had tested its Tokenized Collateral Network in May
By Anna Irrera

(Bloomberg) -- JPMorgan Chase & Co. has gone live with its first collateral settlement for clients using blockchain, as the largest US bank by assets pushes ahead with commercial applications built on the technology at crypto’s core.
JPMorgan’s Tokenized Collateral Network, or TCN, was used by BlackRock Inc. to turn shares in one of its money market funds into digital tokens, which were then transferred to Barclays Plc as collateral for an over-the-counter derivatives trade between the two institutions, Tyrone Lobban, head of Onyx Digital Assets at JPMorgan, said in an interview. 
It’s a rare instance of a blockchain app developed by a bank being commercialized, but volumes are still tiny compared with JPMorgan’s overall business. While Wall Street firms have spent about a decade testing ways to use blockchain to simplify some of their more complex processes, the paucity of applications in commercial use has prompted critics to question whether the technology has any real utility in finance.
According to JPMorgan’s Lobban, using the bank’s blockchain network Onyx Digital Assets, meant the collateral moved almost instantaneously, compared with over the course of a day. At scale, the technology would increase efficiency by freeing up locked capital so that it could be used as collateral in ongoing transactions, he said.
Through the application, the bank wants to eventually let clients use other assets as collateral, including equities and fixed income, according to Ed Bond, head of trading services at JPMorgan.
“Institutions on the network can use a wider scope of assets to meet any collateral requirements they have on the back of trading,” Bond said in an interview.
Transaction Pipeline
Now the application is live, the bank has a pipeline of other clients and transactions, he added. JPMorgan tested TCN using an internal transaction in May. 
Blockchain proponents say that using the technology will make it easier for financial institutions to use their shares in money-market funds as collateral because they won’t have to redeemed them for cash, as they currently do when using traditional processes. That would make the transactions faster and potentially reduce risks during times of market stress.
“Money market funds play an important role in providing liquidity to investors in times of high market volatility,” Tom McGrath, deputy global chief operating officer of the cash management group at Blackrock said in a statement. “The tokenization of money market fund shares as collateral in clearing and margining transactions would dramatically reduce the operational friction in meeting margin calls when segments of the market face acute margin pressures.”
JPMorgan also runs a system called JPM Coin, which enables wholesale clients to make dollar and euro-denominated payments through a blockchain network. The bank has used it to process around $300 billion from its launch until June this year. In addition, the company runs a blockchain-based repo application, and is exploring a digital deposit token to accelerate cross-border settlements.  
Many of JPMorgan’s biggest rivals are also pushing ahead with blockchain and digital-asset projects. 
Goldman Sachs Group Inc. unveiled its digital-asset platform in November, saying clients can use it to issue financial securities in the form of digital assets in areas such as real estate. The Wall Street firm, along with Banco Santander SA and Societe Generale SA, helped the European Investment Bank issue a digital bond last year using blockchain technology. Asset managers, such as Franklin Templeton, have also been experimenting with ways to process transactions for their funds using blockchain technology. 
Posted at 07/3/2023 11:18 by haba1
wouldn't read into it. Doesn't take much to move the share price either way. Handful of investors threw the towel in this morning. I'm certainly not.
Posted at 19/2/2023 12:41 by ben gibbons
Only problem is they are not transferable into cash at anytime if the exchange does not keep sufficient cash reserves available to cover investors money hence why FTX and other crypto exchanges went bankrupt and investors lost their money.

There are no certain things in this world except death and taxes!

Look at terra luna, these things demonstrate even stable coins are not stable.
Posted at 18/2/2023 19:31 by steveberyl
As an example, just imagine what a `TOKEN` could be worth in 2 years time ??

BTC reached headie heights, can you imagine Investors putting the Majority of their Cash in Tokens, NOT Dollars ??

`Tokens` are safe and can be transferred into cash at any time. Better than a bank, because withdrawal is immediate at touch of a button, transferred anywhere in the World. It is no wonder WEF fund members are worried, particularly the ROTHCHILDS who control 90% of Worlds Cash, in Dollars.

BLU has 27.9% of something quite extraordinary, and valued at a Farthing, REMARKABLE!
Posted at 17/2/2023 18:28 by doodlebug4
Ben - I totally agree with that comment. When large shareholders buy or sell it affects the share price, also other traders/investors can be influenced by their decisions - some people are easily led.:-) I didn't take exception to Nick Slater selling recently, it was the fact that he had slated Mark White for supposedly selling BLU while ramping at the same time a few months ago. Anyone who follows Slater on Twitter,or social media, has to laugh at the hypocrisy of that. It's a pity that Slater appears to be playing a game of one-up-manship with another large shareholder on the LSE board.
Posted at 17/2/2023 17:32 by hazl
It does depend also as to whether they are regular 'traders' of the same entity and just taking advantage of the natural highs and lows of a company and it's share price, or whether they were 'investors' selling out, I would suggest.
We have always had a lot of traders here,evident if you look back to the sister billboard at times of decline.
Posted at 17/2/2023 11:31 by thompsonminor
trade Not sure that's correct. I can't/don't speak for him but he's always maintained that he would retain his core holding, and was looking to see the share price rise to around .05p I guess the only way we'll find out is if there's another RNS early next week. Either way, as has been said above many times, we're all investors and we shouldn't be distracted by others' actions; whether buying or selling.
Posted at 12/2/2023 14:17 by 10076968
It would be great for Blu Investors if they did finally get round to an RTO. with Satishipay, as we came close to it in the past. Ultimately we failed resulting in Nav to crash of which it has never fully recovered.Satoshipay was always the golden goose for Blu but it seemed that Meinhard was always flitting around the world, showing off his hat collection and jumping from projects doing micro payments, then b2b then b2c, then dtransfer then amplitude, then pendulum (I am sure I've missed some in between). My point was he never fully concentrated on one thing. Do we actually know how much revenue any of these entities have generated ? All a bit too cloak and daggers for my liking. They must be generating income because they always seem to be hiring!! An IPO has been postulated and it may occur but for me personally, an IPO is far more expensive to undertake when there is a cheaper and better alternative in undertaking a RTO. If Blu and Satoshipay could pull this off, we would be directly linked to all these other offshoots that could quite easily within themselves generate healthy income.There is a lot to play for here. Interesting times ahead. GLA

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