24/7 Market News Snapshot 18 June, 2025 – Hub Cyber Security Ltd. Ordinary Shares (NASDAQ:HUBC)

June 18, 2025

DENVER, Colo., 18 June, 2025 (www.247marketnews.com) – (Nasdaq:HUBC) are discussed in this article.
Hub Cyber Security Ltd. (Nasdaq:HUBC) has demonstrated substantial bullish momentum, with its stock opening at $2.20 and rising to $2.345—a notable increase of 13.83% since the previous closing price of $2.060. Trading volume has significantly surged, reaching 4.29 million shares, indicating strong market interest and potential investor confidence. This upward trajectory suggests that HUBC may be establishing new support levels, warranting close attention to resistance levels as market sentiment evolves.

In a pivotal move to enhance its growth strategy, HUB Cyber Security has entered into a perpetual KYC and compliance services agreement with Kyrrex, a prominent player in the global cryptocurrency ecosystem, as well as a major crypto merchant vendor. This partnership highlights HUB’s commitment to delivering cutting-edge technological solutions in compliance and customer identity management.

The agreement encompasses the deployment of HUB’s Perpetual KYC (PKYC) solution, which features continuous monitoring, dynamic risk scoring, and regulatory intelligence. Set to serve approximately 1.5 million customer entities, the implementation of this solution is expected to yield approximately $25 million in recurring annual revenues, effective from July 1, 2025.

In addition, HUB plans to conduct “Regulatory Readiness Sprints” during the due diligence phase leading up to the merger, alongside implementing a Unified KYC Secured Fabric. These initiatives are designed to optimize cost synergies from the outset, enhancing the operational efficiency of the newly formed entity in an increasingly complex regulatory environment.

HUB’s Chief Executive Officer, Noah Hershcoviz, expressed enthusiasm about the partnership, emphasizing the role of their AI-native technology in delivering real-time customer intelligence and facilitating regulatory adaptability. This collaboration underpins HUB’s strategic position as a vital partner in navigating the challenges of compliance within the evolving digital landscape, further solidifying its legacy in the cybersecurity sector.

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