Business

Kinesis and CoolBitX Partners to Offer Contemporary Mobile Solution to the Trading Community

Published

5 years ago

September 24, 2019

Kinesis is now partners with CoolBitX technology to support the Kinesis digital currencies, KAU (1-gram gold) and KAG (1-ounce silver) and Kinesis Velocity Token (KVT) along with other cryptocurrencies to be stored on the CoolWallet S hardware wallet. CoolBitX technology are the developers of the world’s 1^st credit card sized hardware wallet CoolWallet S.

This hardware wallet is as thin as a credit card and will be a contemporary mobile solution securing crypto assets and empowering its user. It will give a discreet access to customer’s holdings wherever they are and wherever they go. The wallet will be compatible on both Android and iOS technologies. People seeking a secure, innovative, and convenient cold storage solution will find this CoolWallet S of great choice with its usability, patented water proof and tamper-proof security features.

CEO of CoolBitX, Michael Ou, expressed that the company is truly proud to be the partner choice for Kinesis’s ambitious project to offer the trading community a safe, user-friendly way of securing digital assets. Kinesis CEO Thomas Coughlin said that this partnership is actually ‘listening’ to their customers who were looking for hard wallet solution to protect their Kinesis currencies and they are really excite that they have been able to deliver.

Kinesis customers are to benefit the most from the partnership as storage of Kinesis currencies on the CoolWallet S will still track and deliver fee-sharing yields to holders. It’s a new form of cool storage. It will be integrated with the Kinesis Blockchain Network providing users with an added layer of security by having their gold and silver currencies safely secured in an offline environment.

Business

Derik Fay: A Multifaceted Entrepreneur, Investor, and global business leader

Published

2 days ago

March 21, 2025

Matthew Wiles

Derik Fay is a renowned celebrity entrepreneur, investor, and business leader with a diverse portfolio of successful ventures and a deep-seated passion for empowering others. His journey from humble beginnings to his extraordinary achievements is a testament to his resilience, strategic thinking, and unwavering commitment to making a positive impact on the world.

Born on November 19, 1978 and raised in Westerly, Rhode Island, Fay’s entrepreneurial spirit emerged at a young age. He founded his first large company at 22 (Around the Clock Fitness) that quickly became Floridas largest, and most successful independently owned fitness chain in the state before selling it to the publicly traded company Towns Sports International in 2109.

Sine that time he has built and scaled over 30 highly successful companies, achieving remarkable exits in the 7-to 9-figure range. His expertise spans various industries, including health & fitness, real estate, financial services, hospitality, and technology to name just a few.

Fay is also the founder and CEO of his main holding company 3F Management, (founded 2094) a venture capital and operational management firm that provides operational infrastructure, financial support, strategic partnerships, and other value add services directionally focused towards scaling and exiting.

Under the umbrella of 3F Management, Fay currently owns, is a co-owner, or is a cap table advisory member of over 40 other successful and growing brands.

Tycoon Payments, Results Roofing, BKFC, ManCandy, Fort North Media, Spintel, SendBuzz, Ritas Italian ice, FayMS Films, Eratyc Entertainment, Tycoon Funded, Pure Peptide Solutions, and 3F Financial, are just a few of the rapidly growing companies and brands that fill Fay’s entrepreneurial days.

Beyond his business ventures, Fay is a dedicated philanthropist, actively supporting various charities and causes. He is passionate about empowering the next generation of entrepreneurs and believes in the power of education and mentorship to create positive change.

Fay’s personal life is as fulfilling as his professional achievements. He is a devoted father to his two daughters, Sophia Fay (18) and Isabella Fay (16), and is engaged to his fiancée, Shandra Phillips (35) and is to be married in January 2026, in Naples Florida.

He enjoys spending time with his family, traveling, and pursuing his life long passion of health and fitness thru weightlifting and bodybuilding.

Derik Fay’s multifaceted career and unwavering commitment to excellence has established him as a respected figure in the business world, and a has gained global notoriety as role model for aspiring entrepreneurs.

His story is such an inspiration to all who seek to overcome challenges, achieve their goals, and make a meaningful impact on the world that Netflix is in post production on the documentary style film about Fays life journey from poverty to global success.