Seeking Alpha Author Bram De Haas joins Cheddar to discuss how FRMO Corporation benefits from the $12 million it's invested in the cryptocurrency market.
FRMO Corporation is a holding company that is invested directly or indirectly in Ripple, Bitcoin Cash, and Bitcoin. De Haas says he likes this company because it isn't impacted by the bitcoin market. It doesn't matter if bitcoin drops to $0...the company is safeguarded.
FRMO's other investments include OneChicago, Digital Currency Group, CNSX Markets, Miami International Holdings, The Bermuda Stock Exchange, and Horizon Kinetics.
Transit technology company Via raised $110 million in a new round of financing. Clara Fain, chief financial officer of Via, joined Cheddar News to discuss the company's mission to digitize public transit globally.
Tesla is recalling nearly 363,000 vehicles with its “Full Self-Driving” system to fix problems with the way it behaves around intersections and following posted speed limits.
