GTN News & Analysis
2 articles
Market Mood
Payward and GTN Expand xStocks Into Global Markets Including Asia
Payward is enhancing the reach of its xStocks platform through a partnership with GTN, which will facilitate entry into international markets starting with Hong Kong-listed shares. GTN will provide essential market infrastructure for the expansion. xStocks currently offers over 500 tokenized assets and has generated over $35 billion in transaction volume. The platform allows 24/7 trading across supported blockchains, aiming to provide global investors with access to securities beyond U.S. borders. This expansion may create new investment opportunities for users interested in international markets.
Read More: Payward and GTN Expand xStocks Into Global Markets Including Asia
Gray Media (GTN) Expands Operations with $50M Televisions Deal
Gray Media, Inc. (GTN) is expanding its portfolio by purchasing six television stations from American Spirit Media for $50 million. The shares of GTN have decreased by 29.5% over the past year and are down 21% year-to-date. In the first quarter, GTN reported $768 million in revenue but also experienced a $33 million net loss. This acquisition is notable as it demonstrates GTN's strategy to grow despite recent stock price declines, which could present buying opportunities for investors.
Read More: Gray Media (GTN) Expands Operations with $50M Televisions Deal