The YIELD app, a fintech company and digital asset management platform, released its Q3 report, which continued its strong growth trajectory in the third quarter of 2021, noting that it has doubled its managed assets and achieved a high-profile partnership with Prime League Football. Club, West Ham United.
The quarterly YIELD app’s operating assets increased 107% from $ 163.6 million at the end of June 2021 to 33 339.4 million at the end of September, the first nine months for the YIELD app since the beta launch in December 2020 and public launch in February this year.
The YIELD app says that this segment has grown exponentially since the launch of its Bitcoin fund in July, reaching the 500 BTC limit in just a few days of its first fundraising. The reopening of the fund in August marked one of the firm’s biggest days for new user sign-ups, with about 1,500 new users joining on August 20th.
With a growing number of corporate and institutional clients growing in wealth, the YIELD app reports that it now better serves more than 60 clients in this segment, ranging from blockchain companies to family office vehicles across Europe, Asia and Australia.
The report said the three-month specialty, until the end of September, however, had a Wild App partnership with London-based Premier League football club West Ham United in the UK. The YIELD app is now the club’s official digital asset management partner until the end of the 2022/22 season in June 2022.
The YIELD app says the deal will see West Ham United interact with its 60 million fans worldwide to feature digital asset management platforms, which will significantly expand the reach of digital assets to mainstream viewers.
In the Q3 report, the YIELD app significantly expands its portfolio reporting to include transparency, including comprehensive information on risk management, insurance pools, and how firm users invest funds. The firm says it has contracted top blockchain auditing and accounting firm Arminino to report on its inventory, while it is partnering with Credmark, an up-and-define risk-modeling platform for further auditing.
Commenting on the YIELD App Q3 report, Tim Frost, CEO of YIELD App, said: “The YIELD app has grown at an unprecedented pace in the nine months since our beta launch in December 2020. In the last quarter alone, we’ve seen our managed assets more than double and have achieved an exciting new partnership with West Ham United that has put us at the top of the digital asset resources platform.
“I am not happy about the way the first nine months of our business have gone, and I look forward to the success that awaits us in the last three months of the year and beyond. With our strong and growing team and our market-beating offerings, I am confident that the YIELD app will become a leading platform for anyone interested in digital resources, anywhere in the world.
Please Click here View full YIELD App Q3 report
About the YIELD app
The YIELD app believes that everyone should have access to the best investment opportunities. It aims to unleash the full potential of digital assets, integrate them with the most productive opportunities available across all financial markets and make them available to the world. To achieve this, the company provides an innovative digital asset asset management platform that bridges traditional consolidated and decentralized money in the easiest way possible. For more information, go www.yield.app
This is a sponsored post. Learn how to reach our audience here. Read the waiver below.
Listen to the latest Bitcoin.com podcast:
Image credit: Shutterstock, Pixabay, WikiCommons
Denial: This article is for informational purposes only. It is not a direct offer or request for a purchase or sale offer, nor is it a recommendation or approval of a product, service or company. Bitcoin.com does not offer investment, tax, legal or accounting advice. The Company or the Author is not directly or indirectly responsible for any loss or damage caused by or in connection with the use or reliance on any content, product or service referred to in this article.