Humbl Inc Stock Price, News & Analysis

On March 30, 2023, HUMBL announced a marketing partnership with the Women’s National Football Conference (WNFC). The partnership includes the display of HUMBL logos at all WNFC regular-season games and designates HUMBL as the official 'Blue Zone' sponsor for the 2023 season. HUMBL's sponsorship will extend across its platform, including the HUMBL digital wallet and social media. The collaboration aims to enhance engagement in women's sports and showcase WNFC merchandise through verified sales. HUMBL positions itself within the growing women's sports market, highlighting the potential for tech-driven brand engagement.

HUMBL, Inc. (OTCQB: HMBL) announced the launch of its Artificial Intelligence (AI) and Automated Machine Learning initiatives across its consumer and commercial units, including its Latin America business. The company secured a $60,000 contract with a leading IT provider in Latin America, aiming for a total value of $195,000 over three years, contingent on milestone achievements. HUMBL is also testing its consumer AI initiatives, including the 'Hey BLUE' virtual assistant, which will be integrated throughout its HUMBL Platform. This expansion is expected to enhance consumer experiences and drive revenue, leveraging AI for predictive outcomes in various sectors.

HUMBL, Inc. (OTCQB: HMBL) announced the launch of its digital wallet, HUMBL Wallet, enabling peer-to-peer (P2P) and merchant payments on its platform. Customers can send and request payments using digital assets such as USDC, Ethereum, and Polygon. The platform aims to facilitate verified transactions without traditional banking intermediaries, enhancing inclusivity. Upcoming features include credit card payment integration for mobile merchants. CEO Brian Foote emphasized the company's vision of transitioning transactions onto decentralized blockchain technology, benefiting users across over 130 countries.

HUMBL, Inc. (OTC: HMBL) has launched a new feature called HUMBL Chat™, which allows users to create voice chat rooms for up to 1,000 participants. This service aims to enhance social media interactions with verified profiles, fostering authenticity and potential monetization. The company is also testing the capability to record these audio sessions for various uses like podcasts and transcriptions. Additionally, HUMBL's innovative digital wallet integrates digital assets, a search engine, and verified social profiles. Future plans include developing merchandise shops and enhancing merchant payment integrations.

On February 22, 2023, HUMBL announced the cancellation of its 1:10 reverse stock split application with FINRA, reassessing its strategic plans for an uplist to a major exchange. CEO Brian Foote emphasized a commitment to reviewing business strategies, launching a mobile wallet for digital assets, and addressing legacy debt. The cancellation aligns with the company’s goals and aims to protect retail shareholders' interests. HUMBL offers a Web 3 platform with products like HUMBL Wallet and HUMBL Search Engine, alongside blockchain services.

HUMBL (OTCQB: HMBL) announced new sports marketing partnerships with mixed martial artists Jose Mariscal and Ovince Saint Preux. Mariscal will headline LFA 153 on February 17, 2023, with HUMBL branding featured prominently on his fight gear, while Saint Preux is set to fight on February 18, 2023, at UFC Fight Night. Both athletes will promote HUMBL on their social media and will connect with fans through their verified HUMBL profiles. This initiative aims to increase brand visibility and engage with customers on HUMBL's platforms, enhancing the company's outreach in the sports realm.

HUMBL, Inc. (OTC: HMBL) has launched the HUMBL Wallet, a mobile application combining digital asset management, a search engine, and verified social media profiles. Available on the Apple App Store in over 140 countries, the HUMBL Wallet aims to be a comprehensive 'Super App' for financial technology, social media, and mobile payments. It allows users to buy, sell, and hold digital assets, access various search features, and utilize verified profiles. The company plans to enhance the app with additional features and will soon enable SMB/merchant payments.

HUMBL, Inc. (OTCQB: HMBL) announced the spin-off of Tickeri, Inc. on February 10, 2023, aiming to refocus efforts on its core technologies. This strategic decision allows HUMBL to reduce its debt by over $10 million and to streamline its operations by eliminating operating expenses associated with Tickeri. The divestiture is expected to enhance shareholder equity and support HUMBL's growth objectives, including plans to uplist to a major exchange. CEO Brian Foote emphasized the move will allow for greater investment in their Web 3 platform, enabling more efficient capital allocation and reducing reliance on dilutive financing.