Posted on

Quarterly reports: the calendar of the leading listed companies

NVIDIA's quarterly data

Discover the quarterly data calendar for NVIDIA and the most important companies on the stock market.

The calendar of quarterly data for NVIDIA and the most important companies on the stock market is an essential tool for keeping up with the markets. Every three months, NVIDIA and all listed companies are required to publish their quarterly reports. These reports contain the company’s financial results for the last quarter, including revenue, profits, expenses, future forecasts and much more.

Find out why they are essential, how they influence investor decisions, and see the complete, up-to-date calendar in this article.

Quarterly reports: why do companies like NVIDIA have to publish them?

Before delving into the quarterly report calendar for NVIDIA and other major companies on the stock market, it is helpful to understand some of the characteristics of these reports. First of all, it should be noted that publishing these documents is a regulatory requirement intended to ensure an acceptable level of transparency in the markets. 

The publication of quarterly reports allows investors to assess a company’s performance, determine whether it is growing and able to make a profit, and decide whether to buy or sell its shares.

Quarterly reports are not only an indication of a company’s financial health, but also a tool for comparing it with its competitors. For example, NVIDIA’s results can be used to compare the company with others in the technology sector. In 2025, for example, NVIDIA’s share price rose by around 32%, bringing the company’s market capitalisation to £4.38 trillion. 

Does the share price represent NVIDIA’s real value? Is the market cap still justified? At least in part, the answers to these questions can be found by analysing the quarterly reports.

How they influence the markets

NVIDIA’s quarterly reports, like those of many other listed companies, have a significant impact on the markets. However, the effect they have is never predictable and requires experience and in-depth understanding to be interpreted correctly.

Intuitively, when a company’s results are positive, its share price will rise. In reality, the market’s reaction to this data is not so straightforward.

The truth is that there is no precise formula for predicting how the market will react to quarterly data. Multiple factors can influence reactions. Investor expectations are crucial: if a company’s results are in line with analysts’ forecasts, or better still, exceed them, the stock will tend to rise. However, if the results are positive but fail to exceed expectations, the stock may fall.

Another determining factor is the macroeconomic environment. Markets are currently experiencing uncertainty and weakness due to Donald Trump’s unpredictable behaviour, which prevents investors from having a clear view of the near future, and the ongoing geopolitical chaos caused by wars.

In this volatile situation, even positive quarterly results may not receive the attention they deserve. For example, suppose the Federal Reserve raises or keeps interest rates unchanged at the next Federal Open Market Committee (FOMC) meeting. In that case, even excellent quarterly results may not have a positive impact. In short, restrictive monetary policies trigger capital flight from the stock market to less risky alternatives, such as bonds and government securities. 

Finally, we cannot fail to mention other aspects that play a central role. The company’s size, sector, market share, and reputation are all factors that can affect market perceptions and reactions to quarterly results. 

NVIDIA quarterly results: record profits for Q3

On Wednesday, 19 November, at around 10 p.m., NVIDIA CEO Jensen Huang announced the company’s third-quarter earnings to the world: $57 billion, just over $2 billion higher than the $54.89 billion forecast.

Immediately after the news, NVIDIA shares rose by up to 5.25%. This is a record result, as the microchip giant’s earnings are up 22% on a quarter-on-quarter (QoQ) basis and 62% on the same quarter last year (YoY).

This performance has also cooled fears about the AI bubble, which had been unsettling the major financial players for a couple of weeks: fears of a bubble in the artificial intelligence sector, ‘made official’ by Michael Burry’s bet against Palantir and Nvidia itself, had caused the leading stocks in the S&P500 and Nasdaq 100 to lose more than 10% from their highs at the end of October.

In fact, a 22% higher profit than three months ago would tend to justify the value of Nvidia’s shares in the first place and, by extension, the remaining six of the ‘Magnificent 7’ group – Alphabet, Amazon, Apple, Meta Platforms, Microsoft and Tesla.

During the earnings call, Huang stated that ‘Blackwell sales are skyrocketing and cloud GPUs are sold out. Demand for computing power continues to grow exponentially. He concluded by saying that ‘the AI ecosystem is growing rapidly’ and that ‘AI is coming everywhere, doing everything, at the same time‘. These words clearly dispel fears of a crash in the sector – at least temporarily.

Calendar and history 

Thursday, 4 September 2025

  • Broadcom – Market Cap: £1.65 trillion | Earnings: £15.95 billion (against £15.82 billion forecast)

Tuesday, 9 September 2025

  • Oracle – Market Cap: £830.46 billion | Earnings: £14.93 billion (against £15.03 billion forecast)

Thursday, 25 September 2025

  • Costco – Market Cap: $414.96 billion | Earnings: $86.16 billion (vs. $86.08 billion expected)

Tuesday, 30 September 2025

  • Nike – Market Cap: $99.59 billion | Earnings: $11.72 billion (compared to $10.79 billion expected)

Tuesday, 14 October

  • JPMorgan – Market Cap: $810.02 billion | Earnings: $46.43 billion (vs. $45.25 billion expected)
  • Wells Fargo – Market Cap: $262.24 billion | Earnings: $21.43 billion (vs. $21.14 billion expected)
  • Goldman Sachs – Market Cap: $237.63 billion | Earnings: $15.18 billion (compared to $14.13 billion expected)
  • BlackRock – Market Cap: $180.1 billion | Earnings: $6.51 billion (compared to $6.29 billion expected)

Wednesday, 15 October 2025

  • Bank of America – Market Cap: $375.85 billion | Earnings: $28.09 billion (compared to $27.48 billion expected)
  • Morgan Stanley – Market Cap: $252.44 billion | Earnings: $18.22 billion (compared to $16.66 billion expected)

Friday, 17 October 2025

  • American Express – Market Cap: $238.77 billion | Earnings: $18.43 billion (compared to $18.05 billion expected)

Tuesday, 21 October 2025

  • Netflix – Market Cap: $477.45 billion | Earnings: $11.51 billion (against $11.51 expected)
  • Coca Cola – Market Cap: $304.62 billion | Earnings: $12.5 billion (vs. $12.41 billion expected)

Wednesday, 22 October 2025

  • Tesla – Market Cap: $1.46 trillion | Earnings: $28.1 billion (vs. $26.22 billion expected)
  • IBM – Market Cap: $267.82 billion | Earnings: $16.33 billion (compared to $16.09 billion expected)

Tuesday, 28 October 2025

  • Visa – Market Cap: $662.08 billion | Earnings: $10.7 billion (vs. $10.61 billion expected)
  • UnitedHealth – Market Cap: $312.23 billion | Earnings: $113.2 billion (compared to $113.04 billion expected)

Wednesday, 29 October 2025

  • Microsoft – Market Cap: $3.91 trillion | Earnings: $77.7 billion (compared to $75.32 billion expected)
  • Alphabet – Market Cap: $3.4 trillion | Earnings: $105.35 billion (compared to $99.79 billion expected)
  • Meta Platforms – Market Cap: $1.67 trillion | Earnings: $51.24 billion (compared to $49.36 billion expected)

Thursday, 30 October 2025

  • Apple – Market Cap: $4.03 trillion | Earnings: $102.5 billion (compared to $101.69 billion expected)
  • Amazon – Market Cap: $2.38 trillion | Earnings: $180.2 billion (compared to $177.75 billion expected)
  • Mastercard – Market Cap: $498.17 billion | Earnings: $8.6 billion (compared to $8.54 billion expected)

Saturday, 1 November 2025

  • Berkshire Hathaway – Market Cap: $1.08 trillion | Earnings: $94.97 billion (compared to $95.65 billion forecast)

Tuesday, 5 November 2025

  • McDonald’s – Market Cap: $215.6 billion | Earnings: $7.08 billion (against $7.1 billion expected)

Wednesday, 19 November 2025

  • NVIDIA – Market Cap: $4.53 trillion | Earnings: $57 billion (compared to $54.89 billion expected)
Posted on

How to stake. All the ways to get rewards from your crypto

Learn how to stake cryptocurrencies, what staking is for, which service to use and which tokens can be locked up in staking.

Staking is a common crypto mechanism that permits the functioning of Proof-of-Stake blockchains. In fact, to achieve network consensus – which is necessary to validate transactions – these particular blockchains do not use an external source such as electricity or computational power; instead, they use internal resources, i.e., user guarantees. In other words, staking is the basis of a blockchain’s validation mechanism. However, staking can also refer to the process of locking up cryptos to obtain rewards without necessarily becoming a network’s validator. This article will look at how to stake and all the options available to obtain rewards from cryptos.

What is staking for? 

People who choose to stake might have different goals. Some people stake to become a validator, while others lock up their cryptos only to obtain a reward, delegating to other users the task of transaction validating. Let’s take a look at the different types of staking: 

1. Staking cryptos to become a blockchain validator

The validating nodes of a blockchain are responsible for finalising the network transactions. Contrary to what happens in Proof-of-Work chains, no special technical equipment is needed to validate transactions in Proof-of-Stake chains – it is sufficient to simply stake your crypto. In most cases, people or entities already have some experience in the blockchain field who become validators. You have to open a node after staking a certain amount of cryptocurrencies. This type of staking requires downloading a wallet that enables staking in the chain you want to become a node of, and staying online 24/7. Some blockchains also stipulate a minimum share of crypto to be staked, for example on Tezos it is 8,000 XTZ, on Ethereum 2.0 it will be 32 ETH. 

2. Delegating your stake

If you do not want to manage a validator node, you can delegate your stake to an existing node. Delegation is a convenient alternative if you wish to participate in the consensus mechanism of a blockchain with a lower investment of time and money. When you delegate a node, the amount of cryptocurrency you have staked joins the node’s stake. This way, the validating node will also use your cryptocurrencies to contribute to the functioning of the network. The rewards obtained for the validation work are distributed proportionally between the node and those delegated. You can delegate a node through platforms (decentralised or otherwise) that offer this service. 

3. Staking cryptos to take part in a blockchain’s governance 

In some cases, staking is used to let users participate in blockchain governance. Whoever stakes a certain amount of crypto earns the right to vote on updates, improvements and the direction of the blockchain’s roadmap. This way, staking increases the decentralisation of a project’s decisions.

4. Locking up cryptos to get rewards

Cryptocurrency staking can also mean simply locking up your cryptocurrencies for a period of time to obtain rewards, calculated annually and expressed in APY. These rewards are the equivalent of what traditional finance calls an annual percentage return. Locked cryptocurrencies cannot be traded or sold until the end of the staking period selected. How can I take part in this type of staking? This option is particularly suitable for people who are not particularly familiar with the crypto sector because it does not require any technical expertise, all you need to do is find out about the third-party service you choose. Now let’s see where you can stake! 

Where can you stake?

You can choose different third-party services for staking cryptocurrencies – there are decentralised platforms, dapp, and exchanges (centralised and not), as well as offline options such as external hardware.  

1. Staking via hardware 

Offline staking is called cold staking. In this type of staking, cryptocurrencies are locked up and stored in cold wallets, i.e. wallets that are not connected to the internet. Cold wallets can be hardware, paper wallets or offline applications. Cold staking is often used when locking up large amounts of crypto and to avoid the potential risk of cyber attacks. This type of staking is highly secure, but the staking is managed autonomously, without third parties mediating. For this reason, you need to be familiar with the mechanisms. Even if they are offline, cryptocurrencies in cold wallets are always connected to the blockchain and rewards are earned as in online staking. 

2. Staking via a CEX or DEX

One of the most commonly used services for staking online is through exchanges. Whether centralised or decentralised, exchanges often provide step-by-step guides on how to use staking tools. Each exchange has its features, differing in the type of solution, supported cryptocurrencies, and offered APY. You can choose the one that best suits your needs.

On Young Platform, you can access a simple and intuitive staking solution directly. Currently, you can lock various cryptocurrencies that support staking and earn rewards calculated based on APY, proportional to the amount you decide to stake.

Young Platform offers two staking methods:

  • Liquid Staking allows for greater flexibility with staked crypto without long-term locking.
  • Proof of Stake enables active participation in network security while earning higher rewards than other solutions.

For more information: Staking introduction: an innovative way to put your crypto to work

3. Staking Pools: decentralised protocols and dapps

Many decentralised protocols and dapps offer different staking opportunities. For example, you can lock cryptocurrencies up in Staking Pools, i.e. smart contracts or features that aggregate stakes of other users. Staking pools are usually used by blockchain nodes to increase the size of their stakes and, thus, the probability of being chosen as validators. Furthermore, DeFi protocols and platforms also offer options for Derivative Staking and Liquid Staking, in which rewards are earned through derivative products.  

Staking NFTs

Staking doesn’t end at coins or tokens – the latest frontier of decentralised finance also includes NFT staking. This works similarly to traditional staking – you lock up your non-fungible tokens on unique platforms to obtain rewards in crypto. Not all NFTs are suitable for this practice. Moonbirds, by the startup Proof, is a collection that has implemented a staking feature. Staking NFTs allows people to maximise their digital artwork and sometimes participate in the governance of their projects. 

Posted on

Young Platform: from crypto exchange to payment account

young platform payment account

Download the new version of the app. In addition to the Crypto section, we are developing the Save and Cash sections that will change how you manage your finances! 

In recent years, Young Platform has emerged as one of the leading players in the European cryptocurrency industry. Founded in 2018 as an exchange, the platform has always aimed to make the world of cryptocurrency accessible to everyone. Today, Young Platform is taking a significant step in its evolution by transitioning from a simple exchange to a crypto-native payment account. This change marks the beginning of a new era for the platform and its users, who will have access to more comprehensive and integrated financial tools.

Download Young Platform app

The new interface

Young Platform’s new interface features three main sections: Crypto, Save, and Cash. This structure allows users to manage their finances in a more organised and intuitive manner:

  • Crypto: This is the platform’s core, focused on buying, selling, and managing digital assets. Users can easily trade cryptocurrencies and utilise advanced tools like Smart Trades and Staking to enhance their trading experience. 
  • Save (coming soon): This upcoming section will enable users to manage their savings, set financial goals, and create automatic accumulation plans.
  • Cash (coming soon): This section will be dedicated to cash management in euros and equipped with advanced payment tools. Users will be able to receive salaries, make transfers, and use the Young card for everyday expenses.

This transformation marks a significant evolution in the industry, bridging the gap between traditional finance and cryptocurrency.

A revolutionised user experience

The platform has been redesigned to provide a smoother, more intuitive user experience. The interface ensures simple and accessible navigation, even for less experienced users. Users will be able to customise their homepage by setting up widgets and specific preferences to monitor their portfolios, profits, losses, and market performance.

Additionally, Young Platform has introduced a notification system that keeps users updated on portfolio performance and new opportunities, as well as the release of new features. Don’t forget to activate these notifications from the profile section and the newsletters!

Access to financial education is also a key focus of the platform. With a dedicated section for guides and insights, Young Platform aims to equip users with the necessary skills to make informed financial decisions.

The Box competition: win the Young Card!

To celebrate this significant change, Young Platform is launching “The Box” competition and offering exclusive prizes to participants. One of the most coveted prizes is the Young Card, which provides cashback of up to 3.6 %* and real benefits on everyday purchases.

The competition rewards our most loyal users and encourages them to explore the platform’s new features and embrace the ongoing changes. Participating is simple: Follow the instructions on the platform to accumulate gems and stand a chance to win exclusive prizes, including Apple devices, Sony products, Amazon vouchers, and more!

Discover The Box

Security and innovation 

With the transition to a crypto-native payment account, security has become a greater priority for Young Platform. The platform employs advanced protocols to safeguard users’ funds and data, and new authentication systems have been introduced to provide even more secure access.

Another significant innovation is obtaining a personal IBAN, enabling users to receive payments directly to their Young account. This feature enhances the platform’s versatility, making it suitable for a wide range of users, from experienced traders to those who simply want to manage their liquidity more effectively.

Towards the future: the integration of traditional assets

Young Platform’s evolution is ongoing. By the end of 2025, the platform intends to incorporate investments in traditional assets, providing an increasingly comprehensive experience. This shift will establish Young Platform as a leader not only in the cryptocurrency space but also in overall financial management.

Integrating ETFs and other traditional financial instruments will allow users to diversify their investments without switching between multiple platforms. The aim is to create a complete financial ecosystem in which every investor, regardless of experience level, can find the right tools to grow their capital.

This expansion is crucial to attracting a wider audience, particularly those who have previously viewed cryptocurrencies with scepticism. By bringing traditional assets into a native crypto platform, the aim is to break down the barriers between these two worlds and offer a practical solution for asset management.

The impact of regulation and Young Platform’s vision

Young Platform has recently achieved payment account status, enhancing its compliance with European regulations and providing users with a secure and regulated environment. By adhering to the MiCA (Markets in Crypto-Assets) regulations and obtaining the necessary licenses, the platform is taking significant steps toward being recognised as a key player in the financial sector.

This regulation offers excellent consumer protection and enables Young Platform to operate in a more stable and transparent environment. Young Platform aims to set an example of compliance and transparency, distinguishing itself from many international platforms functioning in unregulated settings.

Another essential aspect of Young Platform is the decentralisation of financial management. Drawing from the principles of the blockchain ecosystem, the platform empowers users to maintain control over their funds and investment decisions.

A new way of experiencing digital finance

The future of digital finance goes beyond technology and involves the mindset with which people manage their capital. Young Platform is redefining wealth management by providing tools that enable anyone to invest with knowledge and security.

In a world where bureaucratic barriers and rigid institutions often hinder access to financial services, Young Platform presents an innovative and inclusive solution. It aims to create an ecosystem where blockchain technology can coexist with traditional financial tools, all while maintaining security, reliability, and accessibility.

Download the new version.

Young Platform is evolving from a sole exchange to a complete ecosystem integrating traditional and crypto finance into a single interface. With the introduction of the payment account and the restructured Crypto, Save, and Cash sections, users will gain access to more advanced and organized investment tools.

The ‘Box’ competition marks just the beginning of this new phase. Young Platform is committed to continuous innovation and aims to provide an increasingly competitive, cutting-edge solution. In this true financial hub, users can develop their wealth growth strategies by combining traditional and innovative approaches.

*Cashback depends on club membership and level: the higher the level, the higher the percentage. Platinum Club members get up to 3.6%.

Posted on

What are Sub-Accounts and what are they for?

Does your company have a cryptocurrency portfolio or engage in trading? Subaccounts are the best way to manage different strategies or delegate activities.

Discover how to effectively manage your corporate cryptocurrency portfolio using Young Platform’s sub-accounts.

What are Sub-Accounts?

In a trading platform, a ‘Sub Account’ (SA) is a subordinate account to a primary account, known as a ‘Master Account‘ (MA). The MA can create multiple secondary and segregated accounts, each designated for a different purpose.

Subaccounts are typically used for various reasons, primarily to manage funds or assets separately. Here are some common scenarios where the Sub Account functionality can be beneficial:

  1. Management: Sub-accounts enable traders to allocate funds for different trading strategies or markets. For instance, a trader might have one SA dedicated to day trading and another for long-term investments.
  2. Monitoring: With sub-accounts, transactions executed in different strategies or portfolios can be monitored separately. This feature simplifies record-keeping and performance evaluation.
  3. Risk Management: Sub-accounts allow traders to set appropriate risk limits for various trading activities, helping to prevent excessive losses in a specific account.

In summary, Subaccounts provide greater flexibility and control in fund management. Now, let’s explore the advantages of using the Young Platform service.

Young Platform Pro Sub-Accounts

The functionality is available on demand and exclusively from the Pro version of Young Platform, making it very simple and intuitive. First, let’s see what it entails.

The Master Account has full powers to:

  • Depositing and withdrawing funds to and from any AS
  • Transfer funds between accounts (free of charge, no commission)
  • Viewing and managing HS orders
  • Checking HS balances
  • Displaying transactions executed by ASs
  • Enabling or disabling specific cryptocurrency pairs for individual ASs
  • Remove SA
  • Resetting HS passwords
  • Viewing the access history of ASs

In addition, Sub-Accounts can be classified as either ‘Managed’ or ‘External’. The ‘Managed’ mode is intended for the company’s legal representative who wants to utilise both a Managed Account (MA) and an Automated Strategy (AS). On the other hand, the ‘External’ mode is more suitable for teams. In the ‘External’ mode, the legal representative oversees the MA, while the AS can be assigned to team members or collaborators.

One significant advantage of Young Platform is the ability to combine this functionality with other services, such as the Only Euro Bot. This integration simplifies receiving cryptocurrencies in your account without hindering your ability to make recurring trades or purchases.

The Only Euro Bot facilitates handling crypto payments by automatically converting them into euros. However, this process can interfere with trading activities. Sub-Accounts quickly resolve the issue: you can activate the Bot on one account while using the other account to focus on your market strategy.

Want to know more? Write to [email protected], our operators will contact you within 48 hours.

Discover all B2B services
Posted on

The Reveal: How the Championship and Quests Work

The Reveal: Championship & Quests Guide

Complete guide on how Quests, Gems, the Championship and prizes work

From 9 December to 10 March, The Reveal Championship takes place. Every activity completed in these weeks can earn you Gems and help you climb the leaderboard, but only if you remember to claim them. Otherwise, they will be lost when the Quests refresh.

Differences Between Championship and Tournaments in Brief

The Reveal competition runs on two parallel tracks: the Championship and the Tournaments.

The Championship is the overall leaderboard based on the total number of Gems accumulated throughout the competition; the winner is the one who demonstrates consistency and strategy.

In fact, the most significant prizes – such as the Rolex Submariner, the KTM Duke 125, and tickets to the F1 Monza Grand Prix – are awarded here to the top 20 ranked players.

The Tournament, on the other hand, is a series of mini-competitions that renew every fortnight. Don’t know the Tournament rules? Find all the info at this link: The Reveal: How Tournaments and Tickets Work.

This guide focuses on how the Championship works. We’ll explain how to get Gems, climb the leaderboard, and maximise every opportunity to get closer to the podium – or at least the top 20.

If you’re serious about winning, this is where you start.

What Are Quests?

Quests are activities you can perform directly on the Young Platform app. Each completed Quest allows you to earn Gems, the fundamental unit for climbing the leaderboard or obtaining Tickets valid for the lottery.

Championship Quest Categories: Watch Their Duration

In the Championship, not all Quests are created equal: they can be unique, meaning that a specific Quest will not appear again, or repeatable, meaning they are cyclical.

In addition to varying in frequency of appearance, Quests are divided into three other main categories, designed to reward those who tackle The Reveal with determination.

They can be:

  • Daily: Available in the App for 24 hours, allowing you to accumulate Gems quickly.
  • Weekly: Remain active for 7 days because they are more complex than daily ones. For this reason, once completed, you will be entitled to a higher Gem reward.
  • Permanent: Last for the entire competition and are tied to the Championship.

Warning! Most Quests require a Manual Claim! So remember to redeem the Gems once the Quest is completed: when it expires, the associated Gems “expire” too – and disappear with the Quest.

What Are Gems Used For?

Gems have two fundamental functions. Firstly, they boost your score in the general leaderboard, called the Championship. The more Gems you accumulate, the higher you climb.

Secondly, they unlock Tickets. On this point, pay attention because the Ticket issuance mechanism has changed: while with The Unbox, you earned a Ticket for every 100 Gems accumulated, for The Reveal, we have built a tiered system, as follows:

  • Tier 1 – from 0 to 500 Gems accumulated: 1 Ticket every 30 Gems
  • Tier 2 – from 501 to 1,500 Gems accumulated: 1 Ticket every 100 Gems
  • Tier 3 – from 1,501 to 3,000 Gems accumulated: 1 Ticket every 200 Gems
  • Tier 4 – from 3,001 Gems accumulated onwards: 1 Ticket every 300 Gems

To summarise, the more Gems you possess, the more “expensive” it will be to obtain Tickets. Why this change? To democratise the game and allow more people to participate in the prize draw.

Clearly, Gems are non-transferable and cannot be converted into cash: they are valid only within the competition.

How Do You Participate in the Championship?

To participate in the championship (i.e., the general Gem leaderboard), you must:

  1. Download or update the Young Platform app.
  2. Log in or register for your personal account.
  3. Sign up for The Reveal in the app and accept the rules.
  4. Complete Quests to collect Gems.

The leaderboard is unique and updates in real-time. At the end of the competition, the top 20 ranked users will receive the main prizes. In the event of a tie, the winner is whoever reached the score first.

How Do You Win Championship Prizes?

Prizes up for grabs:

  • 1st Place: Rolex Submariner No Date
  • 2nd Place: KTM 125 Duke 2025 Motorbike
  • 3rd Place: MacBook Pro 14″
  • 4th Place: 2 F1 Monza 2026 Tickets (Grandstand 5 Piscina)
  • 5th Place: iPhone 17 Pro
  • 6th Place: MacBook Air 13″
  • 7th Place: iPhone 17
  • 8th Place: Apple Watch Ultra 3
  • 9th Place: Google Pixel 10
  • 10th Place: 1 F1 Monza 2026 Ticket (Grandstand 5 Piscina)
  • 11th Place: Garmin Venu 4 (41 mm)
  • 12th Place: €500 Amazon Voucher
  • 13th Place: €500 Volagratis Voucher
  • 14th Place: Samsung Smart TV 50″ Crystal UHD 4K
  • 15th Place: Sony WH-1000XM5 Headphones (Noise Cancelling)
  • 16th Place: €300 Volagratis Voucher
  • 17th Place: €250 Amazon Voucher
  • 18th Place: €200 Volagratis Voucher
  • 19th Place: €150 Amazon Voucher
  • 20th Place: €100 Volagratis Voucher

How Do You Earn Extra Gems with YNG?

Throughout the duration of the Championship, anyone who holds YNG in their main Wallet on the Young Platform receives a weekly Gem bonus. It is an automatic recognition for those who support the project and choose to hold the YNG token.

Warning: YNG tokens locked for Club membership are excluded from the calculation. Only those held freely in the main Wallet are counted.

The operation is simple and meritocratic: every week, the amount of YNG you possess is detected, and based on that, you are assigned several extra Gems. No manual actions or Quests to complete are needed: the Gems arrive directly in your balance.

There are 7 bonus levels, each tied to a holding bracket. If you buy a new YNG and level up, the number of weekly Gems will increase. Conversely, if you sell or transfer YNG, you could drop a level and receive fewer Gems the following week.

The system is dynamic: each week, you can go up or down based on your wallet movements.

How Can You Earn Gems Outside the App?

With Zealy, you can complete social micro-activities (liking posts, following official Young Platform profiles, commenting, participating on Discord) and convert actions into points, which then transform into Gems to use in the competition.

A useful shortcut for those new to trypto who want to start simply.

If you want to know more, find the dedicated article here: Zealy, the “secret” key for The Reveal competition.

How to Receive Prizes

To receive prizes, you must complete identity verification (KYC) to activate your Young Platform account as a current account.

Without this step, even if you are a winner, you will not be able to redeem prizes.

Ready?

The Reveal is much more than a competition: it is a gamified ecosystem designed to engage you, reward your consistency, and entertain you whilst you discover the Young Platform universe.

Whether you are competitive or curious, every Quest can become an opportunity. And every Gem can bring you closer to a tangible prize.

All that’s left is to sign up, start completing Quests, and monitor the leaderboard.

You have everything you need to play it to the end. And if you have a bit of YNG set aside… You might already have an advantage.

Posted on

The Reveal: how Tournaments and the Ticket System work

In The Reveal competition, there are two main paths to victory: the Championship and the Tournaments.

Think of the Championship as a marathon: it’s the general leaderboard based on consistency and the total Gems accumulated throughout the entire competition. The Tournaments, on the other hand, are competitive, theme-based sprints held every two weeks, offering access to exclusive prizes through a ticket lottery.

While the leaderboard rewards endurance, Tournaments reward strategy and speed. Crucially, everything resets each time. In this article, we’ll uncover the new Ticket allocation system, how to enter Tournaments, and why every single Gem counts more than ever before.

Tournament Dates: Six Chances to Win

Each Tournament lasts for a fortnight (two weeks). In total, there are six Tournaments:

  • Tournament 1: 9 December – 23 December 2025
  • Tournament 2: 23 December – 6 January 2026
  • Tournament 3: 6 January – 20 January 2026
  • Tournament 4: 20 January – 3 February 2026
  • Tournament 5: 3 February – 17 February 2026
  • Tournament 6: 17 February – 10 March 2026

Each Tournament has its own prize draw with different prizes. All draws will take place collectively after 10 March 2026, in the presence of a notary.

How Do Tickets Work? The “Tiered” System

In The Reveal, the ticket allocation system has been designed to be fairer and more dynamic. The principle is simple: starting is effortless, but reaching the summit requires dedication.

Here is how the Tier System works:

  • Sprint Start (Tier 1): For your first tickets, you only need 30 Gems! This allows you to jump straight into the competition and rack up your first chances to win very quickly (valid up to 500 accumulated Gems).
  • Standard Phase (Tier 2): Once you pass the first threshold, the cost stabilises at 100 Gems per ticket (from 501 to 1,500 Gems).
  • Advanced Phase (Tier 3): If you keep pushing, the game gets tougher. The cost rises to 200 Gems per ticket (from 1,501 to 3,000 Gems).
  • Elite Phase (Tier 4): For the true “serial accumulators” who surpass 3,000 Gems, each ticket will cost 300 Gems.

This system is designed to give everyone a concrete chance of winning. With the initial cost reduced to 30 Gems, anyone can secure a decent number of tickets with just a few quests. At the same time, heavy hitters will still have more chances, but without monopolising the entire lottery, ensuring a more balanced competition.

Golden Rules for Tickets:

  • Total Reset: Tickets and Tiers reset at the end of every Tournament. If you finish a Tournament in “Tier 3”, you will start the next Tournament back at “Tier 1” (30 Gems per ticket).
  • Validity: Tickets are only valid for the prize draw of the specific Tournament in which you earned them.
  • Probability: The more tickets you hold in a single Tournament, the higher your mathematical probability of being drawn.

To track your progress and see how many Gems you need for your next ticket, check the progress bar in the “Your Tournaments” section of the app.

Timed Quests: Fuel for Your Tickets

Every Tournament is brought to life by timed quests. These quests can be daily or weekly and may change throughout the two weeks.

With the tiered system, completing the early quests is vital: the Gems you earn immediately are “worth more” in terms of tickets than those earned later on!

Warning: Most quests require manual claiming. If you forget to confirm them, you won’t receive the Gems, and you’ll miss the chance to get tickets.

YNG Hodler Boost: The Strategic Advantage

Inside the Tournaments section, you’ll also find the YNG Hodler category, designed for those holding the YNG token in their main Wallet on the Young Platform.

Every week, based on the amount of YNG you hold, you automatically receive an extra Gem bonus. These Gems are added to those from quests, allowing you to get extra tickets with no additional effort. It starts at Level 1 with 100 YNG held.

Remember that your level is updated weekly: you can move up (if you buy YNG) or down (if you sell or transfer YNG).

Surprise Prizes: The Reveal

As the name suggests, mystery is part of the game. Each Tournament has a different theme and unique prizes that are revealed only the day before the Tournament starts on our official channels:

  • Young Platform Instagram Profile
  • X Profile (formerly Twitter)
  • Official Blog

Following our social channels is essential to discover in advance whether the week’s theme is the right fit for you (Gaming? Travel? Tech?) and to get ready to sprint out of the gate.

Tournament or Championship? Both.

The Reveal Tournaments and the Championship run in parallel. The Gems you collect have a double value:

  1. They help you climb the general leaderboard of the Championship.
  2. They are converted into tickets for the active Tournament lottery (according to the tiered system).

A completed quest brings you closer to the final leaderboard prizes and the bi-weekly Tournament prizes simultaneously.

Good luck with The Reveal!

Posted on

Corporate welfare: what is it and how does it work?

Corporate Welfare: what it is and how it works

What is corporate welfare, and how does this valuable tool improve employee well-being? 

If you’re curious about corporate welfare and how it functions, you’re in the right place! Corporate welfare refers to the non-monetary benefits a company provides to enhance the quality of life for its employees.

It’s essential to focus on corporate welfare, its operations in 2023 and its main goal: improving the well-being of employees and their families. In addition to offering various benefits, corporate welfare can contribute to increased company performance, which often correlates directly with employee well-being. 

So, what exactly is corporate welfare, how does it operate in practice, and what are the most valuable and popular initiatives in our country? We will address all these questions in this article!

Corporate Welfare: How Does It Work?

The simplest definition of “corporate welfare” refers to various activities designed to enhance the overall well-being of a company’s employees and their families. This includes initiatives that increase employees’ purchasing power and promote a healthy work-life balance. When implemented thoughtfully and intentionally, these actions can significantly improve the corporate environment and boost employee motivation and performance.

To better understand corporate welfare, let’s examine its applications and explore some popular initiatives. Examples include meal vouchers, shopping vouchers, company cars, and tailored insurance plans. We will discuss these details further in the final section. First, let’s examine the benefits of these types of initiatives.

Benefits for Employees and Companies

A well-structured corporate welfare plan offers numerous advantages for both employees and companies. Improving the corporate environment enhances employees’ motivation and productivity. When employees feel that the company genuinely cares about their psychological and physical well-being, they feel more valued and are better able to achieve common goals with less stress.

This enhanced employee satisfaction also benefits the company, increasing performance and productivity while making it more attractive for talent retention and recruitment. According to the SME Welfare Index Report 2022, companies with a high level of corporate welfare report greater profits compared to those with basic welfare approaches. The research highlighted by Forbes from 2019 to 2022 shows that companies providing benefits to their employees experienced a median turnover increase of 37%, more than double the 18% increase in companies without welfare programs. Furthermore, decreased absenteeism and reduced employee turnover are often indicators of the effectiveness of a corporate welfare plan.

Fiscal Advantages

Understanding the tax benefits associated with corporate welfare initiatives is essential to understanding how they operate. Article 51 of the Testo Unico delle Imposte sui Redditi (TUIR), the primary legislation governing this area, guides companies that use National Collective Labour Agreements (CCNL) and wish to retain the associated benefits.

The main advantage of these initiatives is that, depending on the specific CCNL, costs incurred in providing welfare services can be partially or fully deductible. This deduction helps reduce a company’s taxable income.

In some cases, offering benefits, reimbursements, or vouchers may be mandatory for companies. Such requirements typically arise from stipulations found in the relevant CCNL or company regulations, especially in the following sectors:

  • Metalworkers
  • Telecommunications workers
  • Goldsmiths and jewellers
  • Nursing home staff
  • Care workers

Corporate Welfare: The Most Popular Benefits

To effectively understand corporate welfare and its functionality, we can outline our country’s most common benefits or perks. In recent years, the number of companies that have already implemented or are in the process of establishing a welfare plan for their employees has been rapidly increasing.

Meal Vouchers 

Meal vouchers are by far the most popular corporate welfare benefit.  According to an IPSOS survey, 70% of Italian companies provide employee meal vouchers. These vouchers have recently become more advantageous, as the deductibility ceiling was raised from €7 to €8 for the digital format following the approval of the Budget Law 2020.

Vouchers 

This benefit is highly requested, with 52% of surveyed employees expressing a preference for vouchers. Data from Edenred indicates that voucher issuance increased by 30% from 2019 to 2020, and this trend continues.

The appeal of this welfare option lies in its significant tax benefits. For employees, gift vouchers valued at less than €258.23 (for those without children) and €3,000 (for those with children) are not taxable. The costs related to providing this benefit are fully deductible for employers as they are classified as employment expenses, whether as fringe benefits or as rewards and incentives.

Additionally, this type of corporate welfare is popular because it allows employees to choose how to spend the funds they receive.

If you are a business owner, consider distributing Young Platform vouchers to your employees or offering this option as an alternative. This approach enhances their well-being and helps them maintain their purchasing power over time, which can be impacted by inflation and the devaluation of the euro, primarily through crypto investments.

Technological Devices 

This category encompasses all necessary tools, such as PCs and smartphones, provided to employees to help them perform their tasks effectively. According to IPSOS, 38% of companies supply their employees with the essential software and hardware they need. This practice has grown significantly in response to the rise of remote working.

Insurance Policies and Healthcare 

Corporate welfare initiatives can also take various forms, including health insurance, reimbursement of medical expenses, access to free or discounted healthcare services, and life insurance.

Company Car 

This benefit refers to a vehicle granted for business use, which does not usually impact tax and contribution obligations. Sometimes, the car may also be available for personal use, and taxation is applied based on a conventional value. These examples illustrate the types of benefits companies provide, helping clarify corporate welfare and its operation. If you want to learn more about distributing vouchers to your company’s employees through Young Platform, please contact the team at [email protected].

Posted on

Young Platform Pro: what’s new in the update and the benefits for users

young platform pro v4

Young Platform Pro is undergoing a significant update that brings new features and improvements for a smoother and more efficient trading experience. Key updates include a redesigned interface, advanced order management, and a new API version that enhances speed and operational efficiency.

Let’s look at what’s changing and how users can benefit.

A More Intuitive and Functional Interface

New Homepage and Pairs Page

This update features a redesigned homepage and an enhanced Pairs page, offering more comprehensive market insights for faster and easier access to essential trading information.

Improved Desktop Adaptability

The desktop interface has been optimised for a smoother experience, providing better screen size and resolution adaptability.

Enhanced Order Book Data and Order Clarity

Several improvements have been made to refine how market data is displayed:

  • Enhanced order book data visualisation
  • More precise positioning of limit orders
  • Improved pair selector with more details and new categories for different coins

These updates make it easier to access market data, enhancing user decision-making.

Upgraded TradingView Chart

The TradingView chart now allows users to:

  • Hide open limit orders
  • View historical trade positions

This enables traders to customise their views and focus on the most relevant information.

More Detailed Order Management

Users can now see individual trade executions within orders, providing a more precise and detailed overview of their transactions.

Faster Shortcuts Between Wallet, Orders, and Trading Area

Navigation between wallets, orders, and the trading area has been streamlined with improved shortcuts, reducing the time needed to switch between sections.

Easier “Dust” Management

Users can now efficiently manage dust (small crypto balances) by converting it into Young (YNG) tokens, simplifying wallet maintenance.

API Update: Improved Performance and Speed

For advanced traders and developers, the new version of the Young Platform Pro API brings essential improvements.

New Features in API v4

  • Updated transaction models
    The new API efficiently handles all transaction types, offering greater flexibility and accuracy. 
  • 30% Reduced Latency for Trading Operations
    Placing and cancelling orders now come with at least 30% lower latency, ensuring faster and more efficient trading.
  • WebSockets Support
    WebSockets enable real-time updates for market data and orders, providing a more dynamic and responsive experience.

Impact on Services

  • Markets → Faster market data updates
  • Trading → Quicker order execution
  • Transactions → Improved transaction management models

Transition Timeline

From May 31, 2025:→ API Key creation for version 3 (v3) will no longer be available
From June 6, 2025:→ API v3 will be discontinued – migrating to v4 is required to avoid service interruptions

Get Ready for the Change

The Young Platform Pro update significantly improves the platform, making it faster, more intuitive, and highly functional.

For API users, transitioning to v4 is essential to ensure seamless operations and take advantage of the latest optimisations.

Useful Resources

REST API Documentation → Postman Docs

Examples & WebSockets → GitHub Repository
With these updates, Young Platform Pro solidifies its position as an innovative platform that provides advanced tools to improve trading efficiency and performance.

Discover Young Platform PRO
Posted on

Mario Draghi: seven factors endangering the future of the European Union

Mario Draghi returned to his report on European competitiveness. Today, five months after its publication, it is incredibly late. Here are seven reasons.

Mario Draghi returned to his report on European competitiveness. On Tuesday, 18 February, speaking at the European Parliament, he reiterated the urgent reforms proposed in the document published five months ago. Indeed, with the new geopolitical and economic context, the critical issues highlighted are even more pressing.

For Draghi, the future of the European Union depends on its ability to act as a single economic entity, reduce internal fragmentation, and face global challenges with greater cohesion. However, the path will be complex and involve all key economic aspects: research, industry, trade and finance.

Here are the seven main factors that are endangering Europe’s future from an economic point of view.

1. Europe is practically absent in the fight for artificial intelligence

The first point Draghi raised concerns Artificial Intelligence (AI). The former ECB president pointed out that progress in this area has been impressive: AI algorithms have reached accuracy levels close to 90 per cent in scientific benchmarks, and the costs of training models have been drastically reduced.

Despite this, Europe is almost absent from global competition. Eight of the ten leading companies in the sector are from the US, and the other two are from China. Without targeted investments and a clear industrial strategy, Europe risks falling behind in one of the most strategic sectors for the economy’s future.

2. Energy prices are unsustainable

Energy prices in Europe remain two to three times higher than in the US, creating a substantial competitive disadvantage for European companies.

During the energy crisis in 2022, the price of electricity in Germany increased more than tenfold compared to normal levels. Although the situation has improved, the European industry’s dependency on external suppliers and the slow energy transition remainsignificantr problems.

3. Trade war against the US is imminent

Draghi identified US trade policy as a real threat to the European economy. Should Donald Trump return to the White House, new tariffs on European products are almost inevitable, putting the continent’s exports at risk.

Moreover, trade restrictions against China are already causing Chinese products to invade European markets, directly affecting local industries.

4. Europe is its own greatest enemy

Mario Draghi then spoke of stagnation, the European economy growing much more slowly than in other regions. One main reason is the absence of a truly integrated single market. According to the International Monetary Fund, internal barriers within the European Union amount to 45% tariffs for the manufacturing sector and 110% for services.

Start-ups and innovative companies often prefer to move to the US rather than grow in Europe due to the red tape and lack of access to capital. Draghi emphasised that the EU must simplify its regulations and promote a plan to harmonise national laws to enable companies to compete globally.

A significant example is GDPR, the European Data Protection Regulation, which, according to some estimates, has increased data management costs for European companies by 20%.

5. Capital markets suffer

Europeans, and mainly Italians, are among the world’s biggest savers. However, these savings are not invested in innovation but mainly in bank accounts, allowing credit institutions to generate profits without contributing to the technology sector’s growth.

Every year, around USD 300 billion remains in the coffers of lending institutions while start-ups struggle to raise capital to expand. Draghi believes that creating a more efficient capital market favouring innovative companies’ financing is necessary.

7. The legislative process is too slow

Draghi pointed out the European Union’s average time to adopt new regulations is 20 months. Such a delay is incompatible with the pace of technological innovation and economic change.

“If it takes us 20 months to legislate, we are already out of date before implementation,” said the former ECB president. This problem is particularly evident in the digital sectors, where the US and China can adapt their regulations quickly to foster the growth of emerging industries.

8. The decisive turning point

Finally, Draghi pointed out that the European Union continues to act as a coalition of states rather than as a single economic and political entity. An obvious example is the defence sector, where systems are not interoperable, and no common standards exist.

The lack of coordination between member states limits Europe’s ability to protect its interests and support the growth of local companies. “If we want to defend our borders, make our companies prosper and secure a future for European citizens, we have to start acting as one nation,” Draghi said.

Mario Draghi’s competitiveness report highlighted more current challenges than ever. If Europe wants to maintain a leading role in the global economy, it must tackle these problems head-on.

The alternative is clear: continue to lose ground to the US and China, with negative consequences for businesses, workers and the continent’s future.

Posted on

Cryptocurrencies in business services. Opportunities and challenges for companies.

business services young platform

Discover how Young Platform can enhance your business through cryptocurrencies. Explore our range of business services.

Businesses are rapidly adopting Bitcoin and other cryptocurrencies. Merchants, large corporations, and institutions are embracing these digital assets for various reasons, including investment opportunities, operational optimization, and direct customer engagement.

Businesses range from small merchants accepting cryptocurrency payments to large corporations integrating Bitcoin into their treasury operations to hedge against inflation and economic instability, taking advantage of this scarce, anti-inflationary asset. Furthermore, thanks to specialized service providers, cryptocurrency can now be used to purchase various goods and services, including cars, houses, airline tickets, groceries, and much more.

Innovation is thriving in various sectors, especially in sports. Organizations like the NBA and football teams such as Juventus are utilizing tokens to engage with their fans, providing opportunities for them to vote and interact with the club. Meanwhile, asset tokenization is transforming industries like real estate and art, creating new investment avenues.

Cryptocurrencies represent a new frontier in digitizing value, offering exceptional opportunities across multiple fields. Companies like Young Platform, a Turin-based cryptocurrency exchange, have created customized B2B services designed to help businesses, institutions, and non-profit organizations maximize the advantages of the crypto market. These services include strategic investments, payment optimization, and effective fundraising tools.

This article will explore how your company can integrate cryptocurrencies into its business strategy, taking advantage of opportunities while addressing any challenges with a clear and prepared vision. To successfully navigate this new era, companies should consider three fundamental questions:

1. What benefits can cryptocurrencies bring to my company?

2. Why do we want to adopt cryptocurrencies?

3. What factors must we consider to ensure a safe and effective implementation?

Visit our business page

What can cryptocurrencies do for my company?

Adopting cryptocurrencies can provide significant advantages and create new opportunities for your company. Firstly, cryptocurrency users tend to belong to a cutting-edge demographic: they are tech-savvy, innovation-focused individuals who typically have above-average disposable income. This target audience, which favors premium and luxury services, presents an appealing niche for companies seeking to position themselves as innovative and forward-thinking.

Moreover, embracing cryptocurrencies is a strategic move to attract this audience and aligns your company with a European context where central bank digital currencies (CBDCs) are developing. Currently in the testing phase, these instruments could become integral to the digital economy in the coming years. Thus, adopting cryptocurrencies is a proactive step towards an already unfolding future.

Cryptocurrencies offer innovative features and serve as a promising investment option, providing a digital liquidity alternative. They present opportunities to enhance traditional treasury functions, particularly international money transfers, which often incur high costs and lengthy processing times. Utilizing cryptocurrencies can significantly reduce these inefficiencies, allowing for better management of corporate capital and helping to mitigate the risks posed by inflation, which can erode cash value over time.

The long-term investment potential of cryptocurrencies is evident, especially considering Bitcoin’s exponential growth. Bitcoin has achieved remarkable peaks in recent years, solidifying its status as a valuable asset.

Discover our services

Three key aspects of integrating cryptocurrencies into business

If your company plans to incorporate cryptocurrencies into its business strategy, you must consider three key elements:

Long-term perspective

Cryptocurrencies are characterized by their volatility, which can pose significant risks in the short term. Therefore, it is advisable to view them as long-term investments, enabling more thoughtful decisions and reducing exposure to sudden fluctuations.

Regulation and compliance

Adopting cryptocurrencies necessitates careful consideration of European and tax regulations. For instance, the Markets in Crypto-Assets (MiCA) regulations oversee the cryptocurrency market, while Italy’s 2023 Budget Law addresses the taxation of capital gains from such investments. Understanding and complying with these regulations is crucial to avoid potential legal or tax problems.

What is MiCA, and what does the European regulation mean for crypto?

Transaction optimization

Cryptocurrencies provide exceptional efficiency for business-to-business transactions. Their decentralized nature allows for a significant reduction in transaction costs—up to 5,000 times lower—and greatly enhances execution speed—up to 430,000 times faster. This makes them an ideal option for conducting business transactions globally.

Enabling cryptocurrency payments: the ‘Hands-Off’ approach

Why do we want to adopt cryptocurrencies? 

Many companies adopt cryptocurrencies primarily to facilitate payments without directly managing digital assets. This ‘hands-off’ approach involves automatically converting received cryptocurrencies into fiat currency through a specialized B2B service provider, allowing companies to keep cryptocurrencies off their corporate balance sheets.

By adopting this model, which utilizes cryptocurrencies such as stablecoins (pegged 1:1 to the value of the euro and dollar) or layer two solutions, businesses can quickly enter the world of digital assets. This strategy enables companies to accept cryptocurrency payments, reach new customer segments, and increase transaction volume without significantly changing their operational structures or directly handling the technical complexities associated with cryptocurrencies.

Because cryptocurrencies are converted into fiat currency immediately, they do not appear on the company’s financial statements. This method simplifies tax matters and reduces exposure to the cryptocurrency market’s volatility. 

Third-party providers, such as Young Platform, handle conversions, payments, and technical and compliance issues. These include adhering to anti-money laundering (AML) regulations and customer verification (KYC) procedures when opening a Business Wallet for your company. While the company can delegate these tasks, it must still comply with current regulations.

Read more on this topic:

Download the payments report

Integrating cryptocurrencies into the Treasury 

When a company goes beyond merely enabling cryptocurrency payments, it can implement more advanced strategies to incorporate digital assets into its operations and treasury management. These strategies may include accepting cryptocurrency payments without automatically converting them to fiat currency or allocating a portion of the corporate treasury to cryptocurrencies like Bitcoin.

Bitcoin, the first cryptocurrency, has been one of the best-performing assets of the past decade. It has also shown remarkable resilience during economic crises, such as the COVID-19 pandemic. Using cryptocurrencies as a reserve in the treasury has become a popular strategy to combat the effects of long-term inflation. 

For example, in the past 10 years, Apple has lost $15 billion due to inflation—an issue that assets like Bitcoin could help alleviate.

Treasury Management

Cryptocurrencies held for treasury purposes are managed through digital wallets (business wallets), which require a robust structure to ensure security and accessibility. 

1. Hot Wallet: This type of wallet is used for everyday transactions, providing quick access to cryptocurrencies.

2. Cold Wallet: This wallet is utilized for long-term holdings and protects assets by keeping them offline, offering greater security.

Young Platform employs Fireblocks, one of the most advanced and trusted custody platforms globally, for its custody services. By adopting a multi-layered structure that combines hot wallets for daily transactions with cold wallets for long-term custody, Young Platform ensures optimal protection against potential threats. Additionally, it follows a one-to-one custody model, guaranteeing that customers’ cryptocurrencies are never lent out or used for other purposes.

Tax and compliance aspects

Adopting cryptocurrencies comes with fiscal responsibilities that need to be managed effectively. To assist with these complex issues, third-party providers like Young Platform offer tailored support to business customers looking to integrate cryptocurrencies into their operations. Each business is assigned a personal account manager who helps develop and implement a customized strategy from the options available in our B2B Hub. This includes managing cryptocurrency payments, either by holding them as digital assets or converting them automatically into fiat currency.

Additionally, the account manager helps create a long-term treasury strategy, which is valuable for optimizing the management of digital assets and achieving specific financial goals. 

Young Platform also features an integrated tax hub that provides all the necessary documentation for tax reporting and offers personalized advice from experienced accountants in the cryptocurrency sector. This service ensures compliance with current regulations and minimizes companies’ risks and operational challenges.

For more on this topic:

Download the treasury report

From Peer-to-Peer Value to Decentralised Finance

Cryptocurrencies represent a significant revolution by enabling peer-to-peer value transfers without intermediaries. This unique feature naturally led to their initial application in finance, resulting in a complex and dynamic market known as Decentralized Finance (DeFi).

Within the DeFi space, users can access services that were once exclusive to the traditional financial system, such as earning interest, taking out loans, and managing wealth. These transactions occur through decentralized protocols, using blockchain technology to ensure transparency, security, and automation—all without the involvement of central institutions.

Third-party providers have intuitive infrastructures and user-friendly interfaces for companies looking to explore DeFi securely and straightforwardly. These tools enable even those without technical expertise to access DeFi services without navigating the complexities of the underlying protocols.

One example of this is staking services, which provide companies with an easy way to convert passive resources into productive assets and create new streams of passive income.

What is Staking?

Staking, in its simplest form, involves locking cryptocurrencies in a protocol to help support the network. This process contributes to the security and validation of transactions while allowing the cryptocurrencies to remain the user’s or company’s property. During the staking period, these assets are temporarily unavailable for other transactions.

Participants are incentivized to stake their cryptocurrencies through periodic rewards, similar to earning interest. The Annual Percentage Yield (APY) can vary widely depending on the protocol, ranging from 3% to over 20%. 

Another advantage of staking on Young Platform is flexibility. If liquidity is needed, the release time for staked assets is relatively short, typically between 3 to 20 days.

Ethereum is a particularly popular example of staking, the second largest and most established cryptocurrency after Bitcoin. Ethereum also serves as the foundation for Decentralized Finance (DeFi), which is why many companies focus their staking projects on this asset.

For more on this topic:

Download the staking report

Planning cryptocurrency implementation: a strategic approach

What aspects must we consider to do this safely and effectively?

Integrating cryptocurrencies into business operations requires a clear and structured implementation plan, like any technological innovation. This process not only initiates organizational and operational changes but also necessitates a shift in mindset within the company.

To create an effective strategy, the implementation plan must address several key questions:

  • What short- and long-term goals do you want to achieve?
  • Will the company limit itself to using cryptocurrencies for payments, or will it adopt a broader strategy?
  • What internal and external collaborations are essential for success?
  • Do current decisions allow for broader adoption of cryptocurrencies in the future?
  • How will you integrate the security needs of the crypto ecosystem with existing corporate cybersecurity policies?
  • What additional resources will be required beyond those currently available?
  • What new skills or tools need to be introduced?
  • How will the implementation roadmap be structured?
  • What processes will be used to monitor progress, transaction execution, and supplier performance?

Before committing to full implementation, many companies choose to conduct a ‘pilot project,’ similar to how they would approach a new technology.

A practical example of cryptocurrency adoption is an internal pilot project managed by the Treasury Department, which oversees the company’s and its subsidiaries internal financing. The process may include:

1. The initial purchase of cryptocurrencies.

2. The use of these resources for peripheral payments.

3. Monitoring transactions, from payment to receipt and revaluation of assets.

This pilot project helps identify opportunities and challenges as a contrasting medium, highlighting the potential benefits and operational difficulties of adopting cryptocurrencies.

The Importance of Training

Team training is essential for the success of any project, regardless of its scale. While many market solutions are designed to be user-friendly, having a basic understanding of the industry enhances the management of digital resources and helps identify new business models.

Young Platform provides B2B training services that assist companies in implementing customized strategies to leverage blockchain technology’s potential. 

Our offerings include:

  • Tailored Courses: E-learning modules that provide a comprehensive sector overview, including current regulations.
  • Vertical Workshops: Specialized training sessions to develop specific skills for dedicated teams, such as legal, tax, or technology.
  • B2B2C Pathways: Targeted training solutions for customers to optimize their use of business services and promote greater adoption.

For more on this topic:

  • Why include blockchain in corporate training

Download the training report

A well-planned implementation of cryptocurrencies can significantly transform business operations, but it requires a thoughtful strategy and a step-by-step approach. By experimenting with a pilot project, investing in team training, and collaborating with experienced providers, you can effectively navigate the challenges and capitalize on the opportunities presented by this innovation. Please contact your account manager to learn which business services best meet your needs.

You might be interested in:

  • Crowdfunding in crypto: all the advantages and how to do it
  • Corporate welfare: what is it and how does it work?

Visit our business page