Genius Group acquires Bitcoin Learning Platform, XD Academy
December 06 2024 - 8:00AM
Genius Group Limited (NYSE American: GNS) (“Genius Group” or the
“Company”), a leading AI-powered, Bitcoin-first education group,
today announced that it has acquired Bitcoin and Blockchain
Learning Platform, XD Academy.
XD Academy, originally launched as BitMEX
Academy, the learning platform for cryptocurrency exchange, BitMEX.
It was subsequently spun off as a separate company, led by its
founder and CEO, Lawrence Linker.
Genius Group has acquired XD Academy’s learning
platform and courses, which it is integrating into its Genius
learning platform, including:
- “The Economics of Bitcoin” by
Saifedean Ammous, the author of “The Bitcoin Standard”, the
best-selling book on bitcoin which has been published in 37
languages.
- “Building your Investment Thesis”
by Arthur Hayes, co-founder and former CEO of BitMEX and widely
reported as being the youngest African American crypto billionaire
in history.
Following the acquisition, which does not reach
a materiality threshold in terms of economic terms, XD Academy CEO
Lawrence Linker will work with Genius Group on building the faculty
and courses for the Bitcoin Academy on the Company’s Edtech
platform. The Company plans to develop the Bitcoin Academy as part
of its AI-powered “Built on Bitcoin” decentralized education
network, with on-chain GEMs (Genius Education Merits), AI tutors
and AI Certifications built on the Lightning Network.
Lawrence Linker said: “When we launched XD
Academy, it was one of the first education platforms to learn about
Bitcoin and crypto. Our vision was to provide education globally on
the future of decentralized finance. We’re very excited that now,
with this acquisition by Genius Group, we can make that vision a
reality.”
Roger Hamilton, CEO of Genius Group said “In a
historic week when Bitcoin crossed the $100,000 threshold, there is
an unprecedented demand in the number of people – from students to
CEOs – who are seeking education on Bitcoin. We believe that the
combination of our Bitcoin Treasury plan – together with our
Bitcoin-first, AI-powered education platform – puts Genius Group in
a unique position to capitalize on this wave by delivering both
asset growth and personal growth through education.
“Working with Lawrence and the world class
faculty of experts and authors we are attracting, we are building a
2025 calendar of courses and learning communities at a time when
they are needed the most.”
The Company is a Moon Sponsor at Bitcoin MENA
2024 in Abu Dhabi on November 9-10, 2024, where Saifedean Ammous is
a keynote speaker. The Company will be featuring Mr. Ammous’ books,
“The Bitcoin Standard” and “The Fiat Standard” at the Genius Group
Booth at Bitcoin MENA, as well as taking pre-orders of his new
book, “The Gold Standard.”
The Company will also host an Investor Meeting
live from Bitcoin MENA 2024 at 5:30 pm UAE time, 8:30 am US Eastern
time, on Tuesday, December 10, 2024, where CEO Roger Hamilton will
make a series of further announcements related to the Company’s
Bitcoin Treasury, Bitcoin Academy, Global Faculty and Edtech
Platform.
Investors can attend the Investor Meeting live
at the Genius Group Booth, Bitcoin MENA 2024, at ADNEC Centre in
Abu Dhabi, or live online by visiting
https://www.geniusgroup.ai
About Genius Group
Genius Group (NYSE: GNS) is a Bitcoin-first
business delivering AI powered, education and acceleration
solutions for the future of work. Genius Group serves 5.4 million
users in over 100 countries through its Genius City model and
online digital marketplace of AI training, AI tools and AI talent.
It provides personalized, entrepreneurial AI pathways combining
human talent with AI skills and AI solutions at the individual,
enterprise and government level. To learn more, please
visit www.geniusgroup.net.
For more information, please visit
https://www.geniusgroup.net/
Forward-Looking
Statements
Statements made in this press release include
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements can be
identified by the use of words such as “may,” “will”, “plan,”
“should,” “expect,” “anticipate,” “estimate,” “continue,” or
comparable terminology. Such forward-looking statements are
inherently subject to certain risks, trends and uncertainties, many
of which the Company cannot predict with accuracy and some of which
the Company might not even anticipate and involve factors that may
cause actual results to differ materially from those projected or
suggested. Readers are cautioned not to place undue reliance on
these forward-looking statements and are advised to consider the
factors listed above together with the additional factors under the
heading “Risk Factors” in the Company's Annual Reports on Form
20-F, as may be supplemented or amended by the Company's Reports of
a Foreign Private Issuer on Form 6-K. The Company assumes no
obligation to update or supplement forward-looking statements that
become untrue because of subsequent events, new information or
otherwise. No information in this press release should be
construed as any indication whatsoever of the Company’s future
revenues, results of operations, or stock price.
ContactsMZ Group - MZ North
America(949) 259-4987GNS@mzgroup.uswww.mzgroup.us
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