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Nectar Group, Inc. Raises $5 Million to Build HoneyB, the Income Orchestration Layer for Bitcoin

DOVER, DELAWARE, October 20, 2026Seed round led by Portal Ventures. First platform strategy, partnered with $13.5B asset manager Simplify ETFs, is expected to open in the coming weeks.

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Seed round led by Portal Ventures. First platform strategy, partnered with $13.5B asset manager Simplify ETFs, is expected to open in the coming weeks.

Nectar Group, Inc., the company developing the HoneyB platform, today announced a $5 million seed financing round led by Portal Ventures and Peer Ventures, with participation from Anchorage Digital Ventures and various family offices and angels. The company will use the proceeds to build the orchestration layer connecting Bitcoin with institutional capital markets.

0c7a577f 62b8 4b0f b75d 5c292479ff70 Nectar Group, Inc. Raises $5 Million to Build HoneyB, the Income Orchestration Layer for Bitcoin

Despite Bitcoin’s emergence as an institutional asset, earning yield on BTC is still fragmented and operationally hard. Investors have to piece together separate custodians, lenders, asset managers, on-chain protocols, and legal structures. HoneyB is being built to bring those pieces into one orchestration layer, so institutions can access yield strategies without moving Bitcoin from their qualified custodian or wrapping it off the Bitcoin network.

Through a single platform, HoneyB coordinates custody, credit, asset management, and regulatory compliance. The aim is to give treasury companies, exchanges, fintech platforms, family offices, and other eligible institutions access to income strategies that draw on real-asset yields rather than speculative token incentives.

“There is an enormous gap between the capital sitting in Bitcoin and the institutional income markets available through traditional finance,” said Josh Gordon, co-founder and CEO of HoneyB. “HoneyB is the orchestration layer between those two worlds. We are bringing fragmented pieces together so institutions can reach differentiated sources of income through one platform, without moving their Bitcoin.”

Catrina Wang, General Partner at Portal Ventures, said, “The demand for reliable Bitcoin yield is indisputable, but the question is how. Today’s offerings are either institutionally gated, relatively low-yielding, or involve smart contract, custodial, or counterparty risks. The market is also fragmented across DeFi and CeFi, on-chain pools and off-chain funds.”

“Non-custodial, no wrapping, and sustainable at scale — HoneyB is the most elegant solution I’ve seen for a one-click experience to access institutional-grade Bitcoin yield, with meaningfully higher yields than existing alternatives.”

Bridging the Bitcoin income gap

HoneyB focuses on income generated outside the crypto ecosystem, connecting Bitcoin and digital-asset capital with strategies across income ETFs, fixed income, private credit, and structured products. It is being built around three aims:

  • Real, sustainable yield: Income generated by identifiable and repeatable economic activity rather than temporary token incentives

  • Uncorrelated returns: Strategies whose returns come from sources outside of Bitcoin or broader crypto-market speculation

  • Institutional liquidity: Scalable yield sources, defined redemption terms, and deep liquidity designed for institutional capital

HoneyB infrastructure is designed to let institutions view and manage multiple sources of income from their BTC through a single dashboard.

First institutional strategy

The first strategy planned for HoneyB is built on a fund that provides access to a diversified portfolio from Simplify Asset Management, a registered investment adviser managing approximately $13.5 billion. The fund is managed and tokenized by Alphaledger, a US-regulated investment manager and owner of a registered broker-dealer. The fund draws income from established financial markets including US Treasuries, credit, gold, volatility risk premia, and options-based income.

“Simplify is excited to partner with HoneyB and Alphaledger to bring institutional-quality income strategies to the crypto ecosystem,” said Krisna Patel, Managing Director at Simplify Asset Management. “Our model combines multiple complementary strategies designed to generate risk-managed income while dynamically adapting to changing market environments.”

The planned initial strategy illustrates the broader model: connecting digital-asset capital with income opportunities while coordinating the custody, liquidity, and regulatory infrastructure required around them.

About Nectar Group and HoneyB

Nectar Group, Inc. is the company developing the HoneyB platform as the income orchestration layer for Bitcoin. The platform connects Bitcoin and digital-asset capital with institutional income strategies offered by its issuer to eligible investors. Learn more at honeybtc.com

About Simplify Asset Management

Simplify Asset Management is a registered investment adviser founded in 2020 by Paul Kim and David Berns to help advisors address portfolio construction challenges through an innovative set of options-based strategies. The firm manages approximately $13.5 billion across its ETF lineup. Simplify ETFs are distributed by Foreside Financial Services, LLC.

About Alphaledger

Alphaledger is a US-regulated investment manager and the owner of a registered broker-dealer, providing origination and tokenization infrastructure for institutional investment products.

Important notice. This announcement is for information only. It is not an offer to sell, or a solicitation of an offer to buy, any security or investment product. Any product made available through HoneyB will be offered only to eligible persons in permitted jurisdictions and under its own terms. Statements about plans and timing are forward-looking and may change.

Media Contact

Nishy Siva
Genius PR
[email protected]

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Andrew Balzano Celebrates a Lifetime of Classic Films and Beloved Mysteries in New Book One of My Life’s Passions: Classics and Mysteries

Brooklyn, NYAuthor Andrew Balzano invites readers on a nostalgic and insightful journey through the golden age of film and television mystery in his new book, One of My Life’s Passions: Classics and Mysteries: A Book Displaying Accuracy and Sincerity. This thoughtfully curated collection brings together beloved classic moments, unforgettable characters, and fascinating behind-the-scenes details that have made mystery […]

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Author Andrew Balzano invites readers on a nostalgic and insightful journey through the golden age of film and television mystery in his new book, One of My Life’s Passions: Classics and Mysteries: A Book Displaying Accuracy and Sincerity. This thoughtfully curated collection brings together beloved classic moments, unforgettable characters, and fascinating behind-the-scenes details that have made mystery entertainment special for generations.

andrew balzano celebrates a lifetime of classic films and beloved mysteries in new book one of my lifes passions classics and mysteries e7TKFC Andrew Balzano Celebrates a Lifetime of Classic Films and Beloved Mysteries in New Book One of My Life's Passions: Classics and Mysteries

Drawing on a lifelong love of classic presentations on film and a deep appreciation for the special features that have enriched home viewing over the past two decades, Balzano delivers a work that is, as he puts it, “about quality, not quantity.” The book offers readers an engaging blend of personal reflection, sharp observation, and genuine affection for the stories that have captivated audiences for generations.

One of My Life’s Passions explores the beloved Murder, She Baked mystery films on Hallmark Mystery, including the series finale Just Desserts, with thoughtful analysis of director Kristoffer Tabori’s unique approach and standout performances from Alison Sweeney, Cameron Mathison, Gabriel Hogan, and Barbara Niven. Balzano also examines the acclaimed Hercule Poirot series starring David Suchet, offering personal favorites such as The Adventure of the Clapham Cook, Problem at Sea, The Incredible Theft, The Yellow Iris, and The Chocolate Box, alongside a comprehensive episode list spanning the entire series.

The book further celebrates the Sherlock Holmes films with Basil Rathbone and Nigel Bruce, the Murder, She Wrote series starring Angela Lansbury, and the classic Universal monster films featuring Boris Karloff, Bela Lugosi, and Lon Chaney Jr. With detailed notes on casting decisions, directorial choices, and memorable scenes, Balzano provides both longtime fans and newcomers with a rich resource for maximizing their leisure viewing.

Dedicated to his parents, Anna and Anthony Balzano, and written with inspiration from his sweetheart Stefany Rodriguez, One of My Life’s Passions reflects a lifetime of devotion to classic cinema and mystery storytelling.

One of My Life’s Passions: Classics and Mysteries is available now on Amazon in eBook, Paperback, and Hardcover formats.

About the Author:

Andrew Balzano is a Brooklyn, New York native and an alumnus of Baruch College, CUNY. He has served in the Federal Government for 30 years and has been a lifelong fan of classic films and mysteries.

Author Name: Andrew Balzano 
Book Title:
One of My Life’s Passions 
Published By:
Global Author Publishing

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Andrew Balzano
Email: Send Email

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Cal Orey Wins 2026 Hollywood Book Awards Best Health & Wellness Honor for The Healing Powers of Honey

SOUTH LAKE TAHOE, Calif.The revised and updated edition earns recognition for its exploration of honey’s nutritional properties, culinary traditions, scientific research and new data about vanishing honeybees linked to extreme weather events and viruses.

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The revised and updated edition earns recognition for its exploration of honey's nutritional properties, culinary traditions, scientific research and new data about vanishing honeybees linked to extreme weather events and viruses.

Bestselling author and journalist Cal Orey has won the Best Health & Wellness category at the 2026 Hollywood Book Awards for The Healing Powers of Honey. The recognition is confirmed by the awards program’s official 2026 Winners & Finalists listing, which identifies Orey’s book as the category winner.

 

2 11 Cal Orey Wins 2026 Hollywood Book Awards Best Health & Wellness Honor for The Healing Powers of Honey

 

The award follows the Aug. 25, 2026, publication of The Healing Powers of Honey: Revised and Updated, released by Citadel, an imprint of Kensington Publishing Corp. The 352-page revised edition expands upon Orey’s earlier work with updated research, additional recipes and discussions about honeybee conservation, nutrition and environmental sustainability.

The recognition marks a new milestone in Orey’s publishing career and brings renewed attention to her established Healing Powers series, which examines the history, nutritional characteristics and traditional uses of familiar foods.

Hollywood Book Awards Recognizes the Healing Powers of Honey

The 2026 Hollywood Book Awards recognized The Healing Powers of Honey as the winner in the Best Health & Wellness category. The official winners listing features the book alongside other recognized publications, confirming its selection in the category. The recognition also reflects the continued public interest in nonfiction books examining familiar ingredients through scientific and historical perspectives.

5 5 Cal Orey Wins 2026 Hollywood Book Awards Best Health & Wellness Honor for The Healing Powers of Honey

Readers can view the award results on the official Hollywood Book Awards 2026 Winners & Finalists page.

 

Cal Orey and her Aussie 1 1 Cal Orey Wins 2026 Hollywood Book Awards Best Health & Wellness Honor for The Healing Powers of Honey

 

Guard Against Cold & Virus Season for Just 3.99!

The award announcement comes as consumers prepare for winter, when conversations about nutrition, food preparation and everyday wellness routines often receive renewed attention.

“You don’t have to let holiday travel and stress derail your health,” Orey said. “This book encourages readers to explore honey, nutrition and everyday habits as part of a thoughtful approach to seasonal well-being.”

The publication discusses scientific research concerning honey while distinguishing traditional practices from established medical evidence.

Rather than suggesting honey can prevent seasonal illnesses or replace medical treatment, the book presents its nutritional characteristics within the broader context of food and dietary education.

Beyond nutrition and cooking, the revised edition examines the relationship between honeybees, climate change and extreme weather affecting both humans and honeybees.

Prepare yourself with antioxidant-rich honey varietals and Mediterranean foods and new recipes to boost your immune system before the superbugs hit and during an El Niño event when seasonal respiratory illnesses spread more easily.

Both 2026 paperback and ebook new editions are official Amazon Bestsellers  in the Antioxidant category.

All through October, grab the bestselling The Healing Powers of Honey, Revised & Updated ebook on special sale. Prepare yourself with antioxidant-rich honey varietals and Mediterranean foods and new recipes to boost your immune system before the superbugs hit.

The Healing Powers of Honey: Revised and Updated is available through Amazon and participating booksellers.

https://www.hollywoodbookreviews.com/winners-finalists-2026/

Official Publisher Listing:
https://www.penguinrandomhouse.com/books/468068/the-healing-powers-of-honey-revised-and-updated-by-cal-orey/

Amazon:
https://www.amazon.com/s?k=9780806545721

About Cal Orey

Cal Orey, M.A., is a dynamic bestselling author-journalist with over 40 captivating books to her name. With a sharp focus on health, nutrition, and science and a deep love for pets, she is a gifted, versatile storyteller. Best known for her popular Healing Powers series, she has also written numerous other nonfiction book as well as novels. Her work has resonated with readers worldwide and appears on national and international bestseller lists. A native Californian, she lives in South Lake Tahoe, California.

Media Contact Details
Cal Orey
Email: Send Email
Website: calorey.com

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Crypto Insurer BDIC (Blockchain Deposit Insurance Corporation) Establishes Singapore Entity Prior to Insurance Hub Application, Engages Cole-Frieman & Mallon LLP and Updates Window for BDIC Coin Token Sale Timing

SingaporeBlockchain Deposit Insurance Corporation (“BDIC”), a decentralized cryptocurrency deposit insurer providing coverage for digital assets, today announced the establishment of its Singapore business operations and announced that the BDIC Coin Token Sale is targeted for the first quarter of 2027, and that it has engaged Cole-Frieman & Mallon LLP as outside counsel in the United […]

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unnamed 4 Crypto Insurer BDIC (Blockchain Deposit Insurance Corporation) Establishes Singapore Entity Prior to Insurance Hub Application, Engages Cole-Frieman & Mallon LLP and Updates Window for BDIC Coin Token Sale Timing

Blockchain Deposit Insurance Corporation (“BDIC”), a decentralized cryptocurrency deposit insurer providing coverage for digital assets, today announced the establishment of its Singapore business operations and announced that the BDIC Coin Token Sale is targeted for the first quarter of 2027, and that it has engaged Cole-Frieman & Mallon LLP as outside counsel in the United States.

PRESS RELEASE SUMMARY

BDIC’s Singapore entity (BDIC SG PTE LTD located on Lorong Ampas in Singapore) is intended to serve as the primary insurance underwriting hub for the company. The company will engage local legal representation and begin the regulatory engagement process for the new insurance entity for approval under the Monetary Authority of Singapore (MAS) and in the meantime, the company plans to place coverage for clients’ needs through existing dedicated insurance cells issued through network partners while awaiting its appointment and approval to write policy coverage directly. During this period, a Cayman Islands BDIC Foundation and its British Virgin Islands subsidiary will be established to issue the BDIC Coin independently of BDIC. BDIC Coin is intended to be used to pay BDIC insurance premiums, settlements, and governance as a true utility payment token.

Please scroll down for expanded details provided by company representatives, and visit the BDICnewsroom for other material stories and updates from the company

Why BDIC Singapore?

BDIC selected Singapore as the second location after BDIC HK as it is the intended primary insurance underwriting hub because of the depth of the jurisdiction’s financial regulation and its position in Asian digital asset markets. Asia has moved ahead of much of the world in digital asset adoption and market awareness, and BDIC’s operational strategy is designed to meet the requirements set out by MAS rather than work around them, as Singapore’s leadership and advanced vision on crypto insurance is the perfect platform.

“Establishing our presence in Singapore is more than a geographic expansion from our location in Hong Kong. It is a foundational step in our mission to bring institutional-grade security to the digital asset ecosystem,” said Paul Kohli, Co-Founder and Managing Director, Hong Kong and Pan-Asian Operations of BDIC from the Central District offices in HK. “By working within the MAS framework, we are embedding compliance, solvency, and operational integrity into our global insurance products. As we have engaged local representation and will submit the required information in the coming weeks, we look forward to working with the MAS team for our approval”.

Regulatory and Compliance Architecture

According to BDIC’s compliance team, BDIC is considering partnering with an existing local insurance partner, but it is not required in order to operate under the Insurance Act, administered by MAS. BDIC’s operations are also designed to align with Singapore’s broader digital asset statutes, including the Payment Services Act 2019 (PSA) and the Financial Services and Markets Act 2022 (FSMA), which govern digital payment token services, including custody.

Cross-border insurance carries jurisdiction-specific obligations, and BDIC is structuring its global offering to satisfy local mandates in the jurisdictions where its policyholders reside, but also for global reach. While the Singapore hub is intended to serve as the primary underwriting engine, BDIC intends to serve policyholders in other jurisdictions through structured reinsurance partnerships, risk ceding, or partnerships with admitted local carriers in Europe, for instance. BDIC is also implementing asset valuation protocols that include independent custody verification and cold-to-hot wallet storage ratios consistent with international auditing standards, where applicable.

Chief Risk and Compliance Officer, CRCO Adriano Raimondi, added, “The reason for strict compliance and regulation is to protect consumers, policyholders, and the industry as we forge into the digital asset insurance space. These controls will create the next version of traditional finance, a stable environment in which consumers and businesses alike can operate globally. MAS guidelines are an example of what BDIC wanted as a framework from the start.”

Legal and Infrastructure

BDIC’s CEO centered comments around commitment to building its platform on a properly established legal and compliance foundation. Subsequently, the company has engaged Cole-Frieman & Mallon LLP as outside counsel in the United States moving forward accordingly.

1 18 Crypto Insurer BDIC (Blockchain Deposit Insurance Corporation) Establishes Singapore Entity Prior to Insurance Hub Application, Engages Cole-Frieman & Mallon LLP and Updates Window for BDIC Coin Token Sale Timing
Crypto deposit insurer BDIC details plans to begin Monetary Authority of Singapore (MAS) regulatory engagement as it builds its global footprint, engages CFM and discusses utility payment coin offering

“Insurance is an important marker of a mature market. It is time crypto was properly insured, but navigating a complex global regulatory landscape can be challenging for any crypto infrastructure company. We’re excited to assist BDIC with its regulatory compliance so it can grow and scale in this market,” said Daniel Payne, Partner at Cole-Frieman & Mallon LLP.

“We are building a global insurance infrastructure, and that is only credible if the legal foundation is done properly and done first,” said Jeffrey A. Glusman, Chief Executive Officer and Founder of Blockchain Deposit Insurance Corporation. “Retaining counsel of this caliber with actual experience in the digital asset sector is key in navigating the regulatory gauntlet. We would rather be proactive now that there have been considerable advancements in the legislature with more finality around the corner, with MiCA now in force in Europe and US legislation advancing, than be reactive later.”

BDIC Utility Coin

BDIC representatives also confirmed that the BDIC Coin Token Sale is targeted for r the first quarter of 2027. BDIC Coin will be issued by a Cayman Islands Foundation and its British Virgin Islands subsidiary (the minting entity) independently of BDIC, once those entities are established. BDIC Coin will have a total supply of 1.6 billion. BDIC’s insurance reserve is held in non-Coin assets, and BDIC is fully capitalized outside the BDIC Coin allocation. 528 million BDIC Coins (33%) will be allocated as overcollateralization behind pledged assets as a financial backstop. In a liquidity event, the Cayman Islands Foundation and its British Virgin Islands subsidiary would sell these reserve Coins only to support insurance payouts after the pledged assets have been depleted.

BDIC Coin: Intended Utility

BDIC Coin is intended to be used to pay BDIC insurance premiums at a discount. Additional utility may be added in the future. BDIC Coin will not represent equity, debt, ownership interest, or a right to share in BDIC’s revenues or profits. BDIC does not market BDIC Coin as an investment vehicle or promise price appreciation.

BDIC’s disclosure materials, including independent reserve attestation, smart contract audit reports, verified contract addresses, and code repository link, and the final Token Purchase Agreement will be published before the Token Sale. Timing, structure, jurisdictions of availability, and eligibility requirements remain subject to legal, regulatory, business, and technical review and may be modified accordingly.

About Blockchain Deposit Insurance Corporation (BDIC)

Blockchain Deposit Insurance Corporation (BDIC) is a decentralized cryptocurrency deposit insurer founded in 2024 and headquartered in Hong Kong, with additional offices planned in Switzerland, South America, and Europe. BDIC has adopted a digital twin business model, compared to the FDIC deposit insurance model, for digital assets, providing coverage against hacks, exploits, and theft through smart contract-automated claims.

BDIC’s product line includes Standard Crypto Deposit Insurance (Standard tier: $0 to $10,000; Preferred tier: $10,000 to $20,000), HNW coverage $50K+; StableCover Pro for stablecoin reserves held by funds, DAOs, and corporate treasuries; AgentCoverPro for AI agent payment systems and autonomous transaction infrastructure; and VaultCoverPro for self-custody holders.

The company was founded by Chief Executive Officer Jeffrey A. Glusman, a former Merrill Lynch executive, and is led by a team drawn from traditional finance, federal banking supervision, and enterprise cloud security.

Learn more at BDICinsurance.com, or read the BDIC Litepaper.

Media Contact

BDIC

Liam Nguyen

Chief Marketing Officer

Blockchain Deposit Insurance Corporation (BDIC)

Email: [email protected]

Website: BDICinsurance.com

BDIC Bulletin: BDICinsurance.com/the-bulletin

Newsroom: https://bdicinsurance.com/the-bdic-blog/

X: x.com/bdicofficial

LinkedIn: linkedin.com/company/blockchain-deposit-insurance-corporation

Telegram: t.me/BDICInsurance

Instagram: instagram.com/bdicinsurance

Cole-Frieman & Mallon LLP

Ian Potts

Chief Marketing Officer

Cole-Frieman & Mallon LLP

Email: [email protected]

Non-Investment Disclaimer

BDIC does not market BDIC Coin as an investment or financial instrument. BDIC does not promise or guarantee token price appreciation, dividends, or profit distributions. Purchasers should not expect returns from appreciation in the value of BDIC Coin and should consider the token only for its described utility.

Important Notice

This announcement and BDIC’s litepaper, whitepaper, and prior informational materials are provided for general informational purposes only. They do not constitute an offer to sell, or a solicitation of an offer to buy, any digital asset, security, insurance product, or other financial instrument. No offering will be made except pursuant to applicable legal and regulatory requirements.

The proposed utility token offering remains subject to legal, regulatory, business, and technical review and may be modified or delayed to comply with applicable requirements. No representation is made regarding the future value, availability, liquidity, or regulatory classification of any proposed digital asset. Statements regarding licensing applications, regulatory engagement, and anticipated timing are forward-looking and are not assurances that any license, approval, or registration will be granted.

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