KUALA LUMPUR, July 31 (Bernama) -- A new study by global advertising technology company, The Trade Desk (TTD) has revealed that 66 per cent of consumers in Southeast Asia are disengaging from repetitive advertisements (ads) shown on a single channel.
Titled “The Untapped Opportunity of Omnichannel”, the study highlights the urgent need for marketers to shift from siloed multichannel strategies to a connected, omnichannel approach that better aligns with evolving consumer media habits.
The study found that consumers in the region now spend over eight hours a day across five key media environments, such as digital-out-of-home (DOOH) and connected TV/over-the-top (CTV/OTT), music streaming, gaming, news, and websites.
This fragmentation, however, is contributing to widespread ad fatigue, with Indonesia (69 per cent) and the Philippines (67 per cent) reporting the highest levels, followed closely by Thailand (65 per cent) and Singapore (63 per cent), according to TTD in a statement.
The impact is particularly pronounced among Gen Z audiences, who are 57 per cent more likely to be irritated by seeing the same brand repeatedly on one platform. As digital natives, Gen Z consumers expect advertising to be seamless, personalised, and varied across different digital touchpoints.
Despite growing weariness with ads, Southeast Asian consumers remain open to advertising that is timely and relevant. More than half (55 per cent) of respondents said ads influence their next purchase, with the figure rising to 66 per cent in Thailand and 60 per cent in Indonesia.
The study also found that omnichannel campaigns outperform fragmented strategies, reducing ad fatigue by 2.2 times and increasing persuasive impact by 1.5 times. Advertisers using TTD's platform also saw a 1.7 times increase in purchase intent when three or more digital channels were connected and a 77 per cent uplift in return on investment when five channels were integrated.
In Thailand, strong brand recall was reported across digital platforms, particularly in online video, gaming, and websites, whereas in the Philippines, while social media remains dominant, it suffers from lower consumer trust.
Meanwhile, Singapore consumers, known for their ad scepticism, continue to seek reliable information through trusted media environments. Indonesia recorded the highest ad recall rate in the region at 81 per cent, surpassing the Southeast Asian average of 66 per cent but it also faced a significant trust gap, ranking just behind Singapore in low brand trust.
The findings indicate that visibility alone is not enough, and advertisers must ensure consistency, credibility, and high-quality formats, especially in video and CTV/OTT, to bridge the trust gap.
The research was carried out by TTD, in partnership with PA Consulting, through a quantitative survey of 2,000 consumers each from Thailand, the Philippines, Singapore, and Indonesia to understand their needs and channel choices across different media moments and mindsets.
-- BERNAMA
Thursday, 31 July 2025
Saviynt Accelerates Global Expansion With New Regional Hubs In APJ, EMEA
KUALA LUMPUR, July 30 (Bernama) -- Cloud-native artificial intelligence (AI) identity and governance solutions provider, Saviynt has announced a major global expansion, including new offices in Singapore and London, a customer operations centre in Poland, and a significantly expanded facility in India.
The move follows a record-breaking 2024 for the company and underscores its commitment to supporting enterprise digital transformation with its AI-driven Identity Cloud platform across the Asia Pacific and Japan (APJ) and Europe, the Middle East, and Africa (EMEA) regions.
Saviynt president, Paul Zolfaghari in a statement said the new regional hubs represent more than physical growth; they are strategic centres designed to support millions of identities, accelerate adoption of modern identity platforms, and enhance customer experience worldwide.
In APJ, the newly expanded Singapore office will act as the regional hub, providing support for customer success, solution delivery, and partner enablement. The region continues to experience fast-paced digital adoption and increased regulatory focus on identity governance.
“Asia Pacific is at the forefront of identity security transformation. Despite cultural and market differences across the region, identity remains the top cyberattack surface, and Saviynt is positioned to lead with scalable, cloud-first solutions,” said its senior vice president, APJ, Dan Mountstephen.
Meanwhile, in EMEA, Saviynt has grown to five core regional hubs serving over 15 countries. Its expansion includes a new London office, leadership appointments in Amsterdam and Germany, growth into Iberia, and ongoing recruitment in Dubai to support the Middle East market.
In India, Saviynt plans to launch a larger office to support not only engineering, product, and support teams but also expand its go-to-market functions. The move reflects India’s strategic importance in both regional operations and global delivery.
These expansions are backed by a period of strong customer growth, ongoing product innovation, and industry recognition. Saviynt was recently named a 2024 Gartner Peer Insights Customers’ Choice for Identity Governance and Administration for the fourth year in a row.
Saviynt continues to displace legacy identity providers with its converged, AI-powered platform, which offers rapid time-to-value, regulatory compliance, and broad enterprise scalability across sectors including finance, healthcare, government, and entertainment.
-- BERNAMA
Tuesday, 29 July 2025
AIRWALLEX SECURES CMS LICENCE, LAUNCHES INVESTMENT PRODUCT FOR SINGAPORE BUSINESSES
KUALA LUMPUR, July 29 (Bernama) -- Airwallex has clinched a Capital Markets Services (CMS) licence from the Monetary Authority of Singapore (MAS), paving the way for its latest offering, Airwallex Yield, to launch in the city-state.
With this licence, fintech firms can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product.
Airwallex General Manager, Asia Pacific, Arnold Chan said this milestone lets us help Singapore businesses better manage cash and seize growth opportunities.
"This is a proud moment for us, and we are grateful to the MAS for their support and trust in our vision," he said in a statement.
The Airwallex Yield allows businesses to invest surplus funds in high-quality money market instruments, earning returns while maintaining full liquidity.
Companies can now grow multi-currency reserves without opening additional accounts and shift funds between cash and Yield accounts on demand.
Meanwhile, Airwallex Capital (Singapore) Executive Director, Gary Harvey said the product aims to simplify cash management and put idle funds to work for companies of all sizes.
Airwallex Capital is teaming up with Fullerton Fund Management to manage its Singapore dollar investment strategy and Goldman Sachs Asset Management for its US dollar solution, tapping institutional-grade expertise.
The launch of Airwallex Yield in Singapore follows successful rollouts in Australia and Hong Kong, reinforcing Airwallex’s strategy to shape the future of global finance, empowering companies to grow faster, smarter, and on their own terms.
-- BERNAMA
With this licence, fintech firms can now offer regulated investment solutions and custodial services to businesses in Singapore through its Airwallex Yield product.
Airwallex General Manager, Asia Pacific, Arnold Chan said this milestone lets us help Singapore businesses better manage cash and seize growth opportunities.
"This is a proud moment for us, and we are grateful to the MAS for their support and trust in our vision," he said in a statement.
The Airwallex Yield allows businesses to invest surplus funds in high-quality money market instruments, earning returns while maintaining full liquidity.
Companies can now grow multi-currency reserves without opening additional accounts and shift funds between cash and Yield accounts on demand.
Meanwhile, Airwallex Capital (Singapore) Executive Director, Gary Harvey said the product aims to simplify cash management and put idle funds to work for companies of all sizes.
Airwallex Capital is teaming up with Fullerton Fund Management to manage its Singapore dollar investment strategy and Goldman Sachs Asset Management for its US dollar solution, tapping institutional-grade expertise.
The launch of Airwallex Yield in Singapore follows successful rollouts in Australia and Hong Kong, reinforcing Airwallex’s strategy to shape the future of global finance, empowering companies to grow faster, smarter, and on their own terms.
-- BERNAMA
eXp Realty Expands To Japan, Redefining Agent Opportunity In Asia
KUALA LUMPUR, July 28 (Bernama) -- eXp Realty, the world’s largest independent real estate brokerage and a core subsidiary of eXp World Holdings Inc, has officially expanded into Japan, marking its fourth international market launch this year following entries into Peru, Türkiye, and Ecuador.
In a statement, the company said the expansion into Japan is part of its broader strategy to strengthen its presence in the Asia Pacific region and support its goal of reaching 50,000 agents outside the United States by 2030.
“Agents in Japan have operated for years in a system that leaves little room for upside.
“We are bringing a platform that offers better economics, real ownership, and global leverage,” said eXp Realty Managing Director, International, Felix Bravo.
To mark the official launch, eXp will hold a live welcome event in Tokyo on Oct 2, where its leadership team is expected to outline the company’s model and vision for empowering real estate agents.
Meanwhile, Ken Tanaka, a veteran in Japan’s real estate sector, has been appointed as Country Leader to lead the new market. He brings decades of industry experience and aims to drive agent-centric growth through eXp’s cloud-based and flexible business model.
“The Japanese real estate brokerage industry has long been slow to move away from legacy models. eXp is a complete reset—a platform built for freedom, innovation, and growth,” said Tanaka.
Among the key features offered by eXp to Japanese agents are the absence of a physical office requirement, an attractive commission structure, global networking opportunities, and access to live training and mentorship through platforms such as eXp World and LearnWorlds.
-- BERNAMA
Monday, 28 July 2025
Doosan Fuel Cell begins mass production of fuel cell power systems using Ceres technology
- Major milestone for Ceres and Doosan partnership
- Products will target rapidly growing AI/data centre and commercial power markets
HORSHAM, United Kingdom, July 28 (Bernama-GLOBE NEWSWIRE) -- Ceres Power Holdings plc (CWR.L, “Ceres” or the “Company”), a leading developer of clean energy technology, and the Doosan Corporation announce that Doosan Fuel Cell has commenced mass market production of fuel cell stacks using Ceres’ solid oxide technology. Doosan Fuel Cell will manufacture the stacks and fuel cell power systems at its dedicated factory in South Korea with the ability to produce a combined generational capacity of 50MW of electrical power each year.
This commencement of manufacturing marks a significant milestone for Ceres, as Doosan is the first of its strategic licensing partners to enter mass production using its technology. The fuel cells, stacks and power systems that Doosan Fuel Cell produces will be marketed initially to customers in South Korea.
The Ceres designed fuel cells will be manufactured in Doosan Fuel Cell’s state-of-the-art factory in the province of Jeollabuk-do, South Korea, where construction began in 2022. Its completion marks the world’s first Ceres metal supported solid oxide fuel cell and systems facility to come on-stream. Doosan Fuel Cell anticipates the sale of its first solid oxide fuel cell products will occur before the end of 2025.
Doosan Fuel Cell will distribute the solid oxide systems, with a primary market focus on applications for stationary distributed power. These include data centres, where the advent of AI processing has caused a spike in power demand that can be met by the deployment of fuel cells. Other uses include the stabilisation of renewables-based power grids and microgrids through peak power production, power systems for buildings, and auxiliary power solutions for marine shipping markets.
Phil Caldwell, Chief Executive Officer of Ceres, said: "Fuel cells have a major part to play in meeting the world’s rapidly-increasing power demands, developing energy resilience and ensuring decarbonisation. Ceres’ solid oxide design is the ideal technology for these applications through its higher efficiency, lower cost and greater robustness than other technologies. Doosan Fuel Cell’s commencement of mass manufacturing is a major step in bringing this technology to the world."
Doosoon Lee, Chief Executive Officer of Doosan Fuel Cell, said: "Fuel cells, a clean energy solution, are gaining attention as an optimal alternative to various power demands triggered by AI, including data centres. In South Korea, the world's leading fuel cell market, we aim to lead the adoption of advanced SOFCs by leveraging our collaboration with Ceres. By commercialising these technologies and promoting their domestic production, we intend to spearhead the acceleration of the global transition to a decarbonised society through eco-friendly energy solutions in the commercial power market and maritime mobility."
For further information visit www.ceres.tech or contact:
| Ceres Power Holdings plc Patrick Yau/ Merryl Black | Tel: +44 (0)7884 654179 Email:investors@cerespower.com |
| MHP Group (PR Adviser) Reg Hoare/James McFarlane/Matthew Taylor | Tel: +44 (0) 7827 662831 Email:ceres@mhpgroup.com |
About Ceres
Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for the production of green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. Read more on our website www.ceres.tech or follow us on LinkedIn.
About Doosan Fuel Cell.
Doosan Fuel Cell is a subsidiary of Doosan Group, which has a history of over 129 years, making it the oldest conglomerate in South Korea. As a leading fuel cell solution provider with proprietary technology for the world’s first commercial fuel cell, Doosan Fuel Cell offers hydrogen solutions including PAFC (Phosphoric Acid Fuel Cell) and SOFC (Solid Oxide Fuel Cell). They provide integrated solutions encompassing the design, technology development, manufacturing, installation, operation, and maintenance of key fuel cell technologies such as stacks and systems. Doosan Fuel Cell, which established the world's first and largest hydrogen fuel cell power plant, is expanding its business area beyond stationary power to include mobility through marine models. The company is committed to addressing climate change and achieving Net-Zero. For more details, please visit its website at www.doosanfuelcell.com or follow it on LinkedIn.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6bb6588b-f3d3-4611-92d0-e35ec2ad07c4
SOURCE: Ceres Power Holdings plc
Ceres is a leading developer of clean energy technology: fuel cells for power generation and electrolysers for the production of green hydrogen. Its asset-light, licensing model has seen it establish partnerships with some of the world's largest companies, such as Doosan, Delta, Denso, Shell, Weichai and Thermax. Ceres' solid oxide technology supports greater electrification of our energy systems and produces green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as steelmaking, ammonia and future fuels. Ceres is listed on the London Stock Exchange ("LSE") (LSE: CWR) and is classified by the LSE Green Economy Mark, which recognises listed companies that derive more than 50% of their activity from the green economy. Read more on our website www.ceres.tech or follow us on LinkedIn.
About Doosan Fuel Cell.
Doosan Fuel Cell is a subsidiary of Doosan Group, which has a history of over 129 years, making it the oldest conglomerate in South Korea. As a leading fuel cell solution provider with proprietary technology for the world’s first commercial fuel cell, Doosan Fuel Cell offers hydrogen solutions including PAFC (Phosphoric Acid Fuel Cell) and SOFC (Solid Oxide Fuel Cell). They provide integrated solutions encompassing the design, technology development, manufacturing, installation, operation, and maintenance of key fuel cell technologies such as stacks and systems. Doosan Fuel Cell, which established the world's first and largest hydrogen fuel cell power plant, is expanding its business area beyond stationary power to include mobility through marine models. The company is committed to addressing climate change and achieving Net-Zero. For more details, please visit its website at www.doosanfuelcell.com or follow it on LinkedIn.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6bb6588b-f3d3-4611-92d0-e35ec2ad07c4
SOURCE: Ceres Power Holdings plc
AM BEST AFFIRMS SOUTH KOREA’S HANWHA GENERAL INSURANCE CREDIT RATINGS
KUALA LUMPUR, July 28 (Bernama) -- Global credit rating agency, AM Best has affirmed South Korea’s Hanwha General Insurance Company Limited (HGI) financial strength rating of A (Excellent) and the long-term issuer credit rating of “a” (Excellent), with a stable outlook.
These credit ratings (ratings) reflected HGI’s strong balance sheet, anchored by adequate operating performance, a neutral business profile, and appropriate enterprise risk management, as well as support from parent company, Hanwha Life Insurance Co Ltd (Hanwha Life).
In a statement, AM Best said HGI’s risk-adjusted capitalisation, as measured by its Capital Adequacy Ratio, is assessed at the strongest level.
Despite a moderate dip in capital and surplus at the end of 2024—linked to lower interest rates and regulatory discount changes—AM Best noted HGI’s effective mitigation efforts. These included issuing subordinated bonds and using reinsurance, measures viewed as supportive despite a rise in debt leverage.
Operating performance remained solid, with a 10 per cent return on equity and a combined ratio of 94.2 per cent under IFRS 17. Improved profitability from legacy medical policies and strong investment returns contributed to the stable financial results.
Ranked sixth in South Korea’s non-life sector, HGI controls around six per cent of the market and is pushing deeper into long-term insurance through key distribution channels, including Hanwha Life Financial Services, which is the sales-specialised subsidiary of Hanwha Life.
AM Best’s ratings also reflect the ongoing capital, operational, and distribution support from Hanwha Life, South Korea’s second-largest life insurer—highlighting strong group integration and brand synergy.
Future rating upgrades hinge on sustained capital strength across both HGI and Hanwha Life. Conversely, a downgrade could follow reduced support from Hanwha Life or deterioration in its own financial standing.
-- BERNAMA
These credit ratings (ratings) reflected HGI’s strong balance sheet, anchored by adequate operating performance, a neutral business profile, and appropriate enterprise risk management, as well as support from parent company, Hanwha Life Insurance Co Ltd (Hanwha Life).
In a statement, AM Best said HGI’s risk-adjusted capitalisation, as measured by its Capital Adequacy Ratio, is assessed at the strongest level.
Despite a moderate dip in capital and surplus at the end of 2024—linked to lower interest rates and regulatory discount changes—AM Best noted HGI’s effective mitigation efforts. These included issuing subordinated bonds and using reinsurance, measures viewed as supportive despite a rise in debt leverage.
Operating performance remained solid, with a 10 per cent return on equity and a combined ratio of 94.2 per cent under IFRS 17. Improved profitability from legacy medical policies and strong investment returns contributed to the stable financial results.
Ranked sixth in South Korea’s non-life sector, HGI controls around six per cent of the market and is pushing deeper into long-term insurance through key distribution channels, including Hanwha Life Financial Services, which is the sales-specialised subsidiary of Hanwha Life.
AM Best’s ratings also reflect the ongoing capital, operational, and distribution support from Hanwha Life, South Korea’s second-largest life insurer—highlighting strong group integration and brand synergy.
Future rating upgrades hinge on sustained capital strength across both HGI and Hanwha Life. Conversely, a downgrade could follow reduced support from Hanwha Life or deterioration in its own financial standing.
-- BERNAMA
Sunday, 27 July 2025
The CMA: Compensation for Investors Affected by Violations Committed in the Shares of “Watani Iron Steel Co.”
RIYADH, Saudi Arabia, July 25 (Bernama-GLOBE NEWSWIRE) -- The Capital Market Authority (CMA) announces the completion of compensation for investors affected by the violations committed in the shares of Watani Iron Steel Co., which occurred before and after the company’s direct listing on the Parallel Market (Nomu). These violations were committed by five individuals convicted under the decision issued by the Appeal Committee for Resolution of Securities Disputes (ACRSD), published on the websites of the CMA and the GS-CRSD on April 4, 2024. The decision, resulting from the penal lawsuit filed by the Public Prosecution and referred by the Capital Market Authority, obligated them to pay SAR 41.4 million in illegal gains resulting from these violations.
The compensations were deposited into the accounts of the affected investors through the Compensation Fund, which was established pursuant to a resolution of the CMA’s Board to compensate affected parties in accordance with the distribution plan approved by the CRSD. This facilitates the compensation process and ensures that entitlements are delivered to their rightful owners with minimal effort.
Since the publication of the ACRSD’s decision, the CMA has worked on assessing the appropriateness of activating Article (59) of the Capital Market Law, which grants the CMA the power to organize compensation procedures for individuals affected by violations and to establish dedicated compensation funds sourced from illegally obtained gains. Compensation for affected individuals is carried out in accordance with a distribution plan approved by the Committee. This led to the establishment of this fund to compensate eligible parties under a distribution plan approved by a decision of the CRSD, in line with the rules, procedures, and legal provisions to enhance the efficiency of these funds.
The approved distribution plan was designed in proportion to the scale of the violations committed, the value of the illegal gains realized from those violations, and the extent of harm suffered by investors who traded the company’s shares during the violation period. Compensation amounts for some investors reached more than one million Saudi Riyals, representing the highest compensation approved by the CRSD. In this context, the CMA affirms that the distribution plan approved by the CRSD included all individuals proven to have suffered harm, based on the technical records. This does not preclude the right of any individual who believes they have been harmed but was not included in the distribution plan to file an individual claim with the CRSD to seek compensation.
Compensation funds complement the mechanisms that facilitate compensating investors affected by violations committed in the capital market. They add to the available avenues for compensation, such as individual lawsuits and class actions. The CMA adopts a set of criteria to determine the appropriateness of establishing a compensation fund using illegal obtained gains from violators whenever the facts and circumstances of a case indicate the existence of actual harmed parties and when the CMA deems that creating such a fund would be more effective and practical than other available means of compensation for damages sustained by market participants as a result of violations of the Capital Market Law and its implementing regulations. The CMA clarified that it employs a range of analytical tools to reach a systematic assessment regarding the suitability of establishing a compensation fund based on final decisions issued by the CRSD. This assessment relies on several criteria that help determine the most suitable compensation mechanism, whether through direct compensation via these funds or through class actions to claim compensation. These criteria include aspects related to the execution and collection of illegally obtained gains, the nature and number of violations committed, their impact, and the extent to which the Committees can adopt and practically apply the principle of compensation to all affected parties in the case under review.
The CMA affirms that, in the context of enhancing compensation opportunities, it has carefully studied global best practices applied in capital markets and adopted what aligns with the nature of the Saudi capital market. This contributes to improving the efficiency of compensation mechanisms, strengthening investor confidence in the market, and protecting their rights. These efforts form part of a broader package of strategic initiatives launched by the CMA to advance the development of a more sophisticated and competitive financial ecosystem.
Capital Market Authority
Communication & Investor Protection Division
+966114906009
+966557666932
Media@cma.org.sa
www.cma.org.sa
SOURCE: Saudi Capital Market Authority CMA
--BERNAMA
Since the publication of the ACRSD’s decision, the CMA has worked on assessing the appropriateness of activating Article (59) of the Capital Market Law, which grants the CMA the power to organize compensation procedures for individuals affected by violations and to establish dedicated compensation funds sourced from illegally obtained gains. Compensation for affected individuals is carried out in accordance with a distribution plan approved by the Committee. This led to the establishment of this fund to compensate eligible parties under a distribution plan approved by a decision of the CRSD, in line with the rules, procedures, and legal provisions to enhance the efficiency of these funds.
The approved distribution plan was designed in proportion to the scale of the violations committed, the value of the illegal gains realized from those violations, and the extent of harm suffered by investors who traded the company’s shares during the violation period. Compensation amounts for some investors reached more than one million Saudi Riyals, representing the highest compensation approved by the CRSD. In this context, the CMA affirms that the distribution plan approved by the CRSD included all individuals proven to have suffered harm, based on the technical records. This does not preclude the right of any individual who believes they have been harmed but was not included in the distribution plan to file an individual claim with the CRSD to seek compensation.
Compensation funds complement the mechanisms that facilitate compensating investors affected by violations committed in the capital market. They add to the available avenues for compensation, such as individual lawsuits and class actions. The CMA adopts a set of criteria to determine the appropriateness of establishing a compensation fund using illegal obtained gains from violators whenever the facts and circumstances of a case indicate the existence of actual harmed parties and when the CMA deems that creating such a fund would be more effective and practical than other available means of compensation for damages sustained by market participants as a result of violations of the Capital Market Law and its implementing regulations. The CMA clarified that it employs a range of analytical tools to reach a systematic assessment regarding the suitability of establishing a compensation fund based on final decisions issued by the CRSD. This assessment relies on several criteria that help determine the most suitable compensation mechanism, whether through direct compensation via these funds or through class actions to claim compensation. These criteria include aspects related to the execution and collection of illegally obtained gains, the nature and number of violations committed, their impact, and the extent to which the Committees can adopt and practically apply the principle of compensation to all affected parties in the case under review.
The CMA affirms that, in the context of enhancing compensation opportunities, it has carefully studied global best practices applied in capital markets and adopted what aligns with the nature of the Saudi capital market. This contributes to improving the efficiency of compensation mechanisms, strengthening investor confidence in the market, and protecting their rights. These efforts form part of a broader package of strategic initiatives launched by the CMA to advance the development of a more sophisticated and competitive financial ecosystem.
Capital Market Authority
Communication & Investor Protection Division
+966114906009
+966557666932
Media@cma.org.sa
www.cma.org.sa
SOURCE: Saudi Capital Market Authority CMA--BERNAMA
Friday, 25 July 2025
K Wave Media Announces Investment and Strategic Partnership from Galaxy Digital to Accelerate Bitcoin Treasury Strategy
NEW YORK and SEOUL, South Korea, July 22 (Bernama-GLOBE NEWSWIRE) -- K Wave Media (Nasdaq: KWM), a Bitcoin treasury and Korean cultural innovation company, is proud to announce a strategic partnership with Galaxy Digital (Nasdaq: GLXY), one of the world's leading digital asset investment firms.
Galaxy will serve as an Asset Manager and Strategic Advisor to KWM, and will make an investment in KWM, as KWM executes its Bitcoin treasury strategy and expands access to institutional capital.
Galaxy’s endorsement and investment underscore the strength of KWM’s model — combining Korea’s global cultural influence with a long-term commitment to Bitcoin as the foundation of a modern corporate treasury.
“Galaxy shares our belief that Bitcoin is not just a reserve asset, but a generational monetary shift,” said Ted Kim, CEO of K Wave Media. “Their support reflects growing global confidence in our strategy and in Korea’s role as a key market for digital transformation.”
KWM has already taken bold steps toward becoming a Bitcoin-forward public company and now has access to close to $1 billion in institutional capital to support its strategic initiatives.
KWM recently acquired 88 Bitcoin — a symbol of prosperity in Asian markets — and is aggressively scaling its reserves, signaling one of the boldest BTC strategies among public companies globally.
Galaxy will provide guidance on:
- Structuring and executing Bitcoin treasury purchases
- Risk management and custody frameworks
- Long-term alignment with institutional-grade financial infrastructure
“Corporate adoption of Bitcoin is evolving from theory to action, and K Wave Media is at the forefront of that shift. Their commitment to a Bitcoin-native treasury model reflects a growing movement among forward-looking public companies,” said Steve Kurz, Global Head of Asset Management at Galaxy. “Galaxy is excited to support KWM with institutional-grade asset management and strategic guidance as they build a model for what a digitally aligned, culturally connected public company can look like in the Bitcoin era.”
KWM’s model blends Korean media influence, digital-native financial infrastructure, and Web3-era innovation — creating a public company blueprint built for the Bitcoin age.
With its cross-border strategy, KWM targets Korean retail, U.S. institutions, and global crypto markets — creating a powerful multi-market flywheel.
The company is actively exploring additional partnerships and acquisitions to expand its treasury position and cultural reach.
This partnership and investment represent a new phase in KWM’s evolution — one that redefines what it means to be a public company in the era of Bitcoin and borderless capital.
Forward Looking Statements:
This press release includes 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, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication and on the current expectations of the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions.
If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company does not presently know, or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s current expectations, plans and forecasts of future events and views as of the date hereof. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of the Company described in the Company’s Form 20-F initially filed with the SEC on May 14, 2025, as amended, including those under “Risk Factors” therein. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Media Contact:
Investor Relations: info@kwavemedia.com
Evan Sneider: esneider@redroosterpr.com
SOURCE: K Wave Media
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Galaxy’s endorsement and investment underscore the strength of KWM’s model — combining Korea’s global cultural influence with a long-term commitment to Bitcoin as the foundation of a modern corporate treasury.
“Galaxy shares our belief that Bitcoin is not just a reserve asset, but a generational monetary shift,” said Ted Kim, CEO of K Wave Media. “Their support reflects growing global confidence in our strategy and in Korea’s role as a key market for digital transformation.”
KWM has already taken bold steps toward becoming a Bitcoin-forward public company and now has access to close to $1 billion in institutional capital to support its strategic initiatives.
KWM recently acquired 88 Bitcoin — a symbol of prosperity in Asian markets — and is aggressively scaling its reserves, signaling one of the boldest BTC strategies among public companies globally.
Galaxy will provide guidance on:
- Structuring and executing Bitcoin treasury purchases
- Risk management and custody frameworks
- Long-term alignment with institutional-grade financial infrastructure
“Corporate adoption of Bitcoin is evolving from theory to action, and K Wave Media is at the forefront of that shift. Their commitment to a Bitcoin-native treasury model reflects a growing movement among forward-looking public companies,” said Steve Kurz, Global Head of Asset Management at Galaxy. “Galaxy is excited to support KWM with institutional-grade asset management and strategic guidance as they build a model for what a digitally aligned, culturally connected public company can look like in the Bitcoin era.”
KWM’s model blends Korean media influence, digital-native financial infrastructure, and Web3-era innovation — creating a public company blueprint built for the Bitcoin age.
With its cross-border strategy, KWM targets Korean retail, U.S. institutions, and global crypto markets — creating a powerful multi-market flywheel.
The company is actively exploring additional partnerships and acquisitions to expand its treasury position and cultural reach.
This partnership and investment represent a new phase in KWM’s evolution — one that redefines what it means to be a public company in the era of Bitcoin and borderless capital.
Forward Looking Statements:
This press release includes 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, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication and on the current expectations of the Company’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the Company. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions.
If any of these risks materialize or the Company’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company does not presently know, or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect the Company’s current expectations, plans and forecasts of future events and views as of the date hereof. Nothing in this communication should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of the Company described in the Company’s Form 20-F initially filed with the SEC on May 14, 2025, as amended, including those under “Risk Factors” therein. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing the Company’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Media Contact:
Investor Relations: info@kwavemedia.com
Evan Sneider: esneider@redroosterpr.com
SOURCE: K Wave Media
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Bitget's July Proof-of-Reserves Report Shows 45% Increase in User Holdings for Bitcoin (BTC)
VICTORIA, Seychelles, July 25 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s leading cryptocurrency exchange and Web3 company, has released its latest Proof-of-Reserves (PoR) data reveals a sharp increase in user-held Bitcoin, with BTC balances surging over 45% month-on-month in July. This marks the strongest growth across all major assets tracked on the platform.
According to the PoR public figures published, BTC held by users grew from 6,594 BTC in June to 9,531 BTC in July. USDT holdings also experienced a notable increase of 21%, climbing from approximately 1.61 billion to nearly 1.95 billion. ETH balances rose by 31% month-on-month, from 148,754 ETH to 195,466 ETH, while USDC holdings grew by 14%.
The substantial surge in user asset holdings follows ongoing efforts across the industry to promote transparent reserve practices. Bitget continues to publish real-time reserve data via Merkle Tree infrastructure and open-source verification tools. As of July 23, the platform maintains a reserve ratio of over 200% across major assets, double the industry benchmark of 100%.
"This increase in on-platform user assets, especially Bitcoin, shows a bit of the broader trend in user behavior, where traders and institutions increasingly may favor exchanges that allow independent asset verification," said Gracy Chen, CEO at Bitget. "Our priority will always be to keep maintaining Bitget as one of the largest most secure platforms for crypto trading," she added.
The POR growth in July also corresponds with improved market sentiment and heightened institutional interest in digital assets, particularly following the recent price stabilization of Bitcoin above the $110,000 threshold.
Bitget’s PoR methodology includes monthly snapshots and daily updates of asset balances, matched against liabilities through publicly auditable cryptographic proofs. The platform’s reserve transparency continues to be a key differentiator as global regulators intensify demands for accountability from centralized exchanges.
For July, all reserve figures exceed the 100% mark across BTC, ETH, USDT, and USDC, and the exchange remains one of the few top-tier platforms to continuously publish real-time snapshots for user review. This consistent transparency is increasingly valued by both retail and institutional users seeking safeguards against mismanagement or opaque balance sheet practices.
To know more about Proof of Reserves, please visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ab79b77e-18ca-440d-b88b-dd1a69aec32e
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
According to the PoR public figures published, BTC held by users grew from 6,594 BTC in June to 9,531 BTC in July. USDT holdings also experienced a notable increase of 21%, climbing from approximately 1.61 billion to nearly 1.95 billion. ETH balances rose by 31% month-on-month, from 148,754 ETH to 195,466 ETH, while USDC holdings grew by 14%.
The substantial surge in user asset holdings follows ongoing efforts across the industry to promote transparent reserve practices. Bitget continues to publish real-time reserve data via Merkle Tree infrastructure and open-source verification tools. As of July 23, the platform maintains a reserve ratio of over 200% across major assets, double the industry benchmark of 100%.
"This increase in on-platform user assets, especially Bitcoin, shows a bit of the broader trend in user behavior, where traders and institutions increasingly may favor exchanges that allow independent asset verification," said Gracy Chen, CEO at Bitget. "Our priority will always be to keep maintaining Bitget as one of the largest most secure platforms for crypto trading," she added.
The POR growth in July also corresponds with improved market sentiment and heightened institutional interest in digital assets, particularly following the recent price stabilization of Bitcoin above the $110,000 threshold.
Bitget’s PoR methodology includes monthly snapshots and daily updates of asset balances, matched against liabilities through publicly auditable cryptographic proofs. The platform’s reserve transparency continues to be a key differentiator as global regulators intensify demands for accountability from centralized exchanges.
For July, all reserve figures exceed the 100% mark across BTC, ETH, USDT, and USDC, and the exchange remains one of the few top-tier platforms to continuously publish real-time snapshots for user review. This consistent transparency is increasingly valued by both retail and institutional users seeking safeguards against mismanagement or opaque balance sheet practices.
To know more about Proof of Reserves, please visit here.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ab79b77e-18ca-440d-b88b-dd1a69aec32e
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 23 July 2025
Uni-Fuels Raises US$3 Mln In Oversubscribed Digital CP Debut Via ADDX
KUALA LUMPUR, July 22 (Bernama) -- Uni-Fuels Holdings Limited (Uni-Fuels), a marine fuel solutions provider, announced its wholly owned subsidiary, Uni-Fuels Pte Ltd (Uni-Fuels Singapore), has successfully completed its first commercial paper (CP) issuance, raising US$3 million via the digital private market platform ADDX. (US$1=RM4.22)
The oversubscribed offering reflects robust demand from accredited investors and signals market confidence in the company’s strategic direction, according to Uni-Fuels in a statement.
Uni-Fuels Chief Executive Officer, Koh Kuan Hua hailed the deal as a strong signal of investor confidence, emphasising the firm’s push to modernise capital access while enhancing returns for shareholders.
Meanwhile, ADDX Group Managing Director, Inmoo Hwang praised Uni-Fuels’ disciplined approach, stating the success of the issuance highlights the company’s credibility and clear strategic direction.
The CP was structured as US dollar-denominated, short-term unsecured debt issued on ADDX's regulated digital investment platform. This move allows Uni-Fuels to diversify its capital base and boost liquidity across its expanding global operations.
Proceeds from the issuance will go toward general working capital and supporting Uni-Fuels Singapore’s growth in key trading hubs.
The transaction marks a pivotal step in Uni-Fuels’ capital markets strategy, tapping into digital infrastructure to unlock new funding channels and operational agility.
-- BERNAMA
Tuesday, 22 July 2025
ALIGN TECHNOLOGY UNVEILS INVISALIGN SYSTEM FOR TEEN JAW ALIGNMENT
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| The Invisalign System with mandibular advancement featuring occlusal blocks is the latest clinical innovation that expands Align’s Class II treatment portfolio for growing patients by offering practitioners a comprehensive solution for treating growing patients with Class II malocclusions caused by mandibular retrusion. |
KUALA LUMPUR, July 22 (Bernama) -- Align Technology Inc, a global medical device company and maker of the Invisalign clear aligner system, has announced the commercial launch of its Invisalign System with mandibular advancement featuring occlusal blocks in Singapore.
This latest innovation is designed specifically to treat Class II skeletal and dental malocclusions by simultaneously advancing the lower jaw while aligning the teeth, providing a comprehensive solution for growing patients aged 10 to 16.
According to the company in a statement, the occlusal blocks are the first of their kind integrated into a clear aligner system, offering improved structural durability, early mandibular advancement in deep bite cases, and enhanced treatment efficiency.
“This solution expands our ability to help doctors treat more complex malocclusions with precision, efficiency and improved patient experience,” said Align Technology Executive Vice President and Chief Product and Digital Officer, Sreelakshmi Kolli.
Class II malocclusion, which affects approximately 30 to 45 per cent of patients globally, occurs when the lower jaw is positioned too far back relative to the upper jaw, potentially causing functional and aesthetic challenges if left untreated.
The Invisalign System with occlusal blocks offers multiple benefits, including the ability to treat severe deep bite conditions in a single appliance and minimise the need for separate pre-treatment phases.
Made from Align’s patented SmartTrack material, the aligners are designed for greater comfort and wear predictability, which can improve patient compliance and overall treatment outcomes.
The system also allows attachments on teeth underneath the occlusal blocks, supporting precise tooth movement and levelling while integrating SmartForce features and SmartStage technology.
The new Invisalign System with mandibular advancement and occlusal blocks is now available to Invisalign-trained doctors in Singapore, Australia, New Zealand, Japan, Hong Kong, and India, with further rollouts across the Asia Pacific region planned in 2025.
This launch complements Align’s existing range for growing patients, including the Invisalign Palatal Expander System and Invisalign First, strengthening its portfolio in digital orthodontics and early intervention care.
-- BERNAMA
Friday, 18 July 2025
Sectigo Strengthens APAC Leadership To Meet Rising Digital Trust Demand
KUALA LUMPUR, July 17 (Bernama) -- Sectigo, a global leader in digital certificates and Certificate Lifecycle Management (CLM), has expanded its Asia-Pacific (APAC) leadership team to meet growing demand for enterprise-grade certificate management.
The move follows the industry shift to 47-day Secure Sockets Layer (SSL)/Transport Layer Security (TLS) certificate lifespans and rising enterprise readiness for post-quantum security frameworks.
Its vice president of global partner sales, Jairo Fraile said the company’s investment in APAC addresses a long-standing gap in the region’s access to enterprise-grade Public Key Infrastructure (PKI) solutions.
“With this expansion, we are giving customers and partners a stronger, more capable alternative backed by a proven global team,” he said in a statement.
Ray Garnie has been appointed vice president of sales to lead Sectigo’s APAC expansion, bringing over 15 years of technology and cybersecurity experience. Garnie has previously driven US$150 million in revenue growth across the region and will lead enterprise and partner sales efforts to support organisations adopting Sectigo Certificate Manager (SCM) for scalable, automated CLM. (US$1=RM4.23)
“Enterprises across APAC urgently need scalable, automated CLM as certificate lifespans shrink. Sectigo is well positioned to deliver best-in-class, CA-agnostic solutions with local expertise,” said Garnie.
Supporting Garnie’s leadership are three key executives who bring deep expertise and regional experience. Sarabjeet Khurana, regional director of sales for India and ASEAN, brings 30 years of information technology and cybersecurity knowledge to fuel growth in one of the world’s fastest-expanding digital markets.
Ryan Philp, regional sales director for Australia and New Zealand, leverages 18 years of international business-to-business (B2B) sales experience to broaden Sectigo’s presence across the APAC and Europe, the Middle East, and Africa (EMEA) region.
Meanwhile, Gabriel Chan, as APAC solutions engineer, will provide critical technical leadership, helping clients tackle complex digital trust challenges with practical and scalable solutions.
With this leadership expansion, Sectigo aims to accelerate adoption of its PKI solutions and deliver comprehensive CLM services tailored to the evolving needs of the APAC market.
-- BERNAMA
MONEYHERO HOSTS INAUGURAL SINGSAVER BEST-OF AWARDS, HONOURS SINGAPORE’S TOP FINANCIAL PRODUCTS
KUALA LUMPUR, July 18 (Bernama) -- MoneyHero Limited (MoneyHero) celebrated excellence in consumer finance with the first-ever MoneyHero Group Presents: SingSaver Best-Of Awards.
Held at a gala event attended by over 170 senior financial executives, industry experts, and media, the ceremony spotlighted the top credit cards, digital banks, brokerages, and insurance products delivering standout value to Singaporeans.
In a statement, MoneyHero chief executive officer, Rohith Murthy called the event a “landmark moment” for Singapore’s finance landscape.
“By uniting our partners through this annual awards platform, we aim to foster innovation, collaboration, and financial empowerment,” he said.
A total of 45 awards were presented across major financial categories, recognising outstanding products and services that stand out in Singapore's personal finance landscape.
Among the notable winners were the UOB Visa Signature, named Best Credit Card for Travel Rewards, and the HSBC Live+ Credit Card, which took home the award for Best Credit Card for Dining.
Trust Bank was honoured as the Best Digital Bank for Seamless Onboarding, while FWD Premium earned recognition as the Best Overall Travel Insurance Plan. MSIG Insurance was celebrated as the Top-Selling Insurance Provider on the SingSaver platform.
Beyond accolades, the event reinforced MoneyHero’s mission to advance financial literacy and elevate industry standards—laying the groundwork for continued growth across Southeast Asia.
MoneyHero is a leading personal finance aggregation and comparison platform and digital insurance brokerage in Greater Southeast Asia, with a presence in Singapore, Hong Kong, Taiwan, and the Philippines.
Its consumer-facing brands include MoneyHero, SingSaver, Money101, Moneymax, and Seedly, alongside its business-to-business (B2B) platform, Creatory. The company also holds an equity stake in Jirnexu, the Malaysian fintech behind RinggitPlus.
-- BERNAMA
Held at a gala event attended by over 170 senior financial executives, industry experts, and media, the ceremony spotlighted the top credit cards, digital banks, brokerages, and insurance products delivering standout value to Singaporeans.
In a statement, MoneyHero chief executive officer, Rohith Murthy called the event a “landmark moment” for Singapore’s finance landscape.
“By uniting our partners through this annual awards platform, we aim to foster innovation, collaboration, and financial empowerment,” he said.
A total of 45 awards were presented across major financial categories, recognising outstanding products and services that stand out in Singapore's personal finance landscape.
Among the notable winners were the UOB Visa Signature, named Best Credit Card for Travel Rewards, and the HSBC Live+ Credit Card, which took home the award for Best Credit Card for Dining.
Trust Bank was honoured as the Best Digital Bank for Seamless Onboarding, while FWD Premium earned recognition as the Best Overall Travel Insurance Plan. MSIG Insurance was celebrated as the Top-Selling Insurance Provider on the SingSaver platform.
Beyond accolades, the event reinforced MoneyHero’s mission to advance financial literacy and elevate industry standards—laying the groundwork for continued growth across Southeast Asia.
MoneyHero is a leading personal finance aggregation and comparison platform and digital insurance brokerage in Greater Southeast Asia, with a presence in Singapore, Hong Kong, Taiwan, and the Philippines.
Its consumer-facing brands include MoneyHero, SingSaver, Money101, Moneymax, and Seedly, alongside its business-to-business (B2B) platform, Creatory. The company also holds an equity stake in Jirnexu, the Malaysian fintech behind RinggitPlus.
-- BERNAMA
FPT Elevates Status As Databricks Select Tier Partner, Cementing Regional AI Leadership
KUALA LUMPUR, July 17 (Bernama) -- FPT has officially secured the Select Tier Partner designation from Databricks, marking a significant milestone in its expansion within the data and artificial intelligence (AI) ecosystem.
According to a statement, this recognition places FPT among a select group of partners in the Asia-Pacific region with proven expertise in modern data platforms, scalable AI solutions, and enterprise analytics.
FPT Software Vice President and Director of Digital Transformation Division, FPT Corporation, Frank Bignone, noted the partnership milestone underscores FPT’s commitment to advancing capabilities in data platforms and AI, leveraging Databricks’ technology to accelerate client transformations globally.
Meanwhile, Databricks Vice President of Partners, APJ, Greg Taylor, praised FPT’s accomplishment, highlighting the company’s growing leadership in delivering enterprise-grade AI and data solutions that enable timely, actionable business insights.
The Select Tier is the second-highest level in the Databricks partner ecosystem, awarded to partners who demonstrate a strong track record of expertise, delivery capability and alignment with Databricks technologies.
FPT achieved this status through significant investment in talent development, with nearly 100 technical certifications and over 40 pre-sales and leadership certifications within its team.
This achievement builds on a successful collaboration between FPT and Databricks to accelerate AI-driven digital transformation, particularly in Japan and across the Asia-Pacific and Japan (APJ) region. FPT has deployed Databricks-powered solutions for major enterprises in the insurance, manufacturing, and energy sectors, helping clients tackle complex data challenges and drive AI adoption at scale.
As a Select Tier Partner, FPT gains access to enhanced training, technical support, and closer sales collaboration with Databricks. These benefits empower FPT to deliver more comprehensive data transformation projects, especially for clients in banking, manufacturing, and retail aiming for large-scale digital modernisation.
Looking ahead, FPT plans to expand its pool of Databricks-certified professionals and increase joint go-to-market initiatives with Databricks, focusing on key markets such as the United States and Japan. These efforts aim to generate new business opportunities and reinforce FPT’s standing as a trusted partner in the global data and AI landscape.
-- BERNAMA
LANTRONIX UNVEILS GAME-CHANGING 5G ROUTER, PUSHING BOUNDARIES IN INDUSTRIAL IOT
KUALA LUMPUR, July 18 (Bernama) -- Lantronix Inc, a global provider of compute and connectivity Internet of Things (IoT) solutions, has launched its rugged, industrial-grade 5G router, the NTC-500 Series, aimed at enhancing enterprise mobility and wireless infrastructure.
The launch follows Lantronix’s acquisition of NetComm Wireless and marks a strategic milestone in the company’s global positioning as a leader in industrial and enterprise IoT connectivity.
In a statement, Lantronix said the NTC-500 Series is globally carrier-certified and priced to undercut traditional wired infrastructure, potentially saving enterprises thousands per deployment while maintaining high-speed, low-latency performance.
Its head of industrial IoT products and business line, Daniel Quant said Lantronix has redefined the economics of industrial 5G mobility and critical connectivity.
“The NTC-500 Series delivers a rugged, globally approved 5G solution at a breakthrough price, helping customers accelerate digital transformation, reduce operational costs and future-proof their infrastructure,” he said.
The device supports private 5G applications, including the n48-CBRS, n77 and n78 bands, enabling rapid digitisation of mobile or previously unconnected assets. This facilitates automation and operational agility across industrial and enterprise sectors.
According to ABI Research, the global private 5G market is projected to grow from US$2.7 billion in 2025 to US$29 billion by 2030, driven by increasing adoption in mission-critical industries such as manufacturing and healthcare. (US$1=RM4.23)
Lantronix also announced that the NTC-500 Series was named the 2025 Industrial IoT Product of the Year by IoT Evolution World, in recognition of its innovation and impact.
Built to support large-scale, high-performance deployments, the router incorporates 3GPP Release 16 features, including both 5G Non-Standalone (NSA) and 5G Standalone (SA) modes, 4G-LTE fallback, and Dynamic 5G Slicing capabilities.
Its application spans various sectors, including machine vision, real-time robotics control, smart factories, logistics yards, modular production, and cost-sensitive automation in retail and construction.
-- BERNAMA
The launch follows Lantronix’s acquisition of NetComm Wireless and marks a strategic milestone in the company’s global positioning as a leader in industrial and enterprise IoT connectivity.
In a statement, Lantronix said the NTC-500 Series is globally carrier-certified and priced to undercut traditional wired infrastructure, potentially saving enterprises thousands per deployment while maintaining high-speed, low-latency performance.
Its head of industrial IoT products and business line, Daniel Quant said Lantronix has redefined the economics of industrial 5G mobility and critical connectivity.
“The NTC-500 Series delivers a rugged, globally approved 5G solution at a breakthrough price, helping customers accelerate digital transformation, reduce operational costs and future-proof their infrastructure,” he said.
The device supports private 5G applications, including the n48-CBRS, n77 and n78 bands, enabling rapid digitisation of mobile or previously unconnected assets. This facilitates automation and operational agility across industrial and enterprise sectors.
According to ABI Research, the global private 5G market is projected to grow from US$2.7 billion in 2025 to US$29 billion by 2030, driven by increasing adoption in mission-critical industries such as manufacturing and healthcare. (US$1=RM4.23)
Lantronix also announced that the NTC-500 Series was named the 2025 Industrial IoT Product of the Year by IoT Evolution World, in recognition of its innovation and impact.
Built to support large-scale, high-performance deployments, the router incorporates 3GPP Release 16 features, including both 5G Non-Standalone (NSA) and 5G Standalone (SA) modes, 4G-LTE fallback, and Dynamic 5G Slicing capabilities.
Its application spans various sectors, including machine vision, real-time robotics control, smart factories, logistics yards, modular production, and cost-sensitive automation in retail and construction.
-- BERNAMA
Thursday, 17 July 2025
NIPPON KINZOKU BOOSTS SALES OF ECO-FRIENDLY STAINLESS STEEL FINISH
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| Difference in Wear Range between L-DieL Finish and General Materials *Base material: SUS304, 1/2H, 0.1mm, Clearance: 5µm, Stroke: 600spm |
KUALA LUMPUR, July 17 (Bernama) -- Tokyo-based Nippon Kinzoku Co Ltd has announced it will ramp up sales of its Long Die Life (L-DieL) finish stainless steel, a surface-treated material designed to reduce die wear during press operations.
L-DieL works by softening the passive oxide film on stainless steel—a thin yet ultra-hard layer of chromium oxide that protects against corrosion but causes significant wear on pressing dies. The treatment mitigates this effect, improving productivity and extending tool life.
Certified as an “Eco-Product”, Nippon Kinzoku, in a statement said L-DieL supports customers in cutting costs while also aligning with the company’s sustainability goals, including achieving net-zero carbon dioxide emissions by 2050.
The finish is compatible with widely used stainless steels such as SUS304 and SUS430 and meets Japanese Industrial Standards (JIS) for both chemical and mechanical properties. Despite the treatment, the steel retains its standard appearance and corrosion resistance.
Additionally, this product aligns with our 11th management plan, "Nippon Kinzoku 2030", and is a unique product that meets customer needs based on the "Near Net Performance" keyword (achieving the required performance of the final product with the material).
By minimising maintenance and downtime, L-DieL positions Nippon Kinzoku as a leader in sustainable, high-efficiency metal processing solutions.
-- BERNAMA
Bitget Launchpool 将上线 Eclipse (E)，并提供超 150 万枚代币奖励
塞舌尔维多利亚, July 17 (Bernama-GLOBE NEWSWIRE) -- 领先的加密货币交易所和 Web3 公司 Bitget 宣布在创新专区 (Innovation Zone) 上线 Eclipse (ES)，并开放现货交易。 除现货交易外，Bitget 还将推出专属 Launchpool 奖励活动，提供高达 1,511,494 枚 ES 代币供用户瓜分。
Eclipse (ES) 现货交易（ES/USDT 交易对）将于 2025 年 7 月 16 日 10:00 (UTC) 正式开盘，提现功能将于 2025 年 7 月 17 日 11:00 (UTC) 开放。
为庆祝此次上线，Bitget 将推出 Launchpool 活动，总奖励为 1,295,600 枚 ES 代币。 符合条件的用户可在活动期间通过锁定 BGB 代币或 ES 代币参与，活动时间为 2025 年 7 月 17 日 10:00 至 2025 年 7 月 21 日 10:00 (UTC)。 在 BGB 池中，用户可锁定 5 至 50,000 枚 BGB，最高锁定限额由用户的 VIP 等级决定，并有机会瓜分 1,261,000 枚 ES 代币。 在 ES 池中，参与者可锁定 8 至 800,000 枚 ES，以瓜分总计 34,600 枚 ES 的奖励。
此外，Bitget 还将推出 CandyBomb 活动，通过基于交易的空投提供 166,000 枚 ES。 其中，99,600 枚 ES 将分配给 ES 交易池，66,400 枚 ES 将分配给 BTC、SOL 和 ES 合并交易池。
Bitget 还将举办一场 X 平台抽奖活动，750 名符合条件的用户将有机会瓜分 24,947 枚 ES。 活动时间为 2025 年 7 月 16 日 10:00 至 2025 年 7 月 23 日 10:00 (UTC)。 要参与活动，用户必须在 X 平台上关注 Bitget 和 Eclipse，引用该抽奖帖子并带上话题标签 #ESlistBitget，@一位好友，完成注册，在 Bitget 上存入或交易 ES，并填写帖子中链接的表单。
此外，同期将开展一项社区活动，另有 24,947 枚 ES 将由 750 名符合条件的用户瓜分。 要参与活动，用户需同时成为 Bitget Discord 和 BGB 持有者群组的成员，完成注册，净充值超过 100 USDT，并完成任意一笔 ES/USDT 现货交易。
Eclipse 是一个模块化第二层网络，旨在通过整合多个生态系统的优势，实现快速、低成本且可扩展的区块链性能。 它利用以太坊进行结算，借助 Solana Virtual Machine (SVM) 提升速度，通过 Celestia 保障数据可用性，并利用 RISC Zero 实现零知识证明。 因此，Eclipse 能够有效应对区块链在可扩展性、安全性和去中心化三者之间的平衡难题。 凭借对开发者友好的设计，Eclipse 针对高性能用例进行了优化，从高频 DeFi 交易到复杂的去中心化应用，都能在不影响速度和效率的情况下，提供顺畅的用户体验。
Bitget 持续巩固其顶级加密货币交易所的地位，在现货和衍生品市场提供超 800 种上市代币。 将 Eclipse 纳入 Launchpool，契合 Bitget 持续努力支持创新项目的做法，这些项目的价值不断推动生态系统的发展。
如需了解 Eclipse 的更多详情，请访问此处。
关于 Bitget
Bitget 成立于 2018 年，是全球领先的加密货币交易所和 Web3 公司。 Bitget 交易所在 150 多个国家和地区为超过 1.2 亿用户提供服务，致力于通过其开创性的跟单交易功能和其他交易解决方案帮助用户更智能地进行交易，同时提供实时比特币价格、以太坊价格和其他加密货币价格信息。 Bitget Wallet 前身为 BitKeep，是一款领先的非托管加密货币钱包，支持超过 130 条区块链和数百万种代币。 它支持多链交易、质押和支付，可直连超过 20,000 个去中心化应用程序，集高级兑换功能和市场洞察于一体化平台。
Bitget 通过战略合作伙伴关系引领加密货币推广，例如，它是世界顶级足球联赛西班牙足球甲级联赛 (LALIGA) 在东亚、东南亚和拉美市场的官方加密货币合作伙伴，也是土耳其国家运动员 Buse Tosun Çavuşoğlu（摔跤世界冠军）、Samet Gümüş（拳击金牌得主）和 İlkin Aydın（排球国家队队员）的全球合作伙伴，旨在激励全球社区拥抱加密货币的未来。
为了配合其全球影响力战略，Bitget 还携手联合国儿童基金会 (UNICEF)，计划在 2027 年前为 110 万人提供区块链教育支持。 而在赛车运动领域，Bitget 则是世界上最激动人心的摩托车竞速锦标赛之一 MotoGP™ 的独家加密货币交易所合作伙伴。
如需了解更多信息，请访问：网站 | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
媒体垂询请联系：media@bitget.com
风险提示：数字资产价格波动，可能会出现大幅变化。 建议投资者审慎投入，切勿投入无法承受损失的资金。 投资价值可能受到影响，可能无法实现财务目标，也可能无法收回本金。 建议寻求独立财务顾问的意见，并充分考虑个人财务经验和状况。 过往业绩不代表未来表现。 Bitget 对可能出现的损失不承担任何责任。 本文内容不作为任何财务建议。 详情请查阅我司使用条款。
本公告随附的照片可在以下网址查看：
http://www.globenewswire.com/NewsRoom/AttachmentNg/2be7c95b-4d40-4d41-be8b-b35d7e57d9aa
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Eclipse (ES) 现货交易（ES/USDT 交易对）将于 2025 年 7 月 16 日 10:00 (UTC) 正式开盘，提现功能将于 2025 年 7 月 17 日 11:00 (UTC) 开放。
为庆祝此次上线，Bitget 将推出 Launchpool 活动，总奖励为 1,295,600 枚 ES 代币。 符合条件的用户可在活动期间通过锁定 BGB 代币或 ES 代币参与，活动时间为 2025 年 7 月 17 日 10:00 至 2025 年 7 月 21 日 10:00 (UTC)。 在 BGB 池中，用户可锁定 5 至 50,000 枚 BGB，最高锁定限额由用户的 VIP 等级决定，并有机会瓜分 1,261,000 枚 ES 代币。 在 ES 池中，参与者可锁定 8 至 800,000 枚 ES，以瓜分总计 34,600 枚 ES 的奖励。
此外，Bitget 还将推出 CandyBomb 活动，通过基于交易的空投提供 166,000 枚 ES。 其中，99,600 枚 ES 将分配给 ES 交易池，66,400 枚 ES 将分配给 BTC、SOL 和 ES 合并交易池。
Bitget 还将举办一场 X 平台抽奖活动，750 名符合条件的用户将有机会瓜分 24,947 枚 ES。 活动时间为 2025 年 7 月 16 日 10:00 至 2025 年 7 月 23 日 10:00 (UTC)。 要参与活动，用户必须在 X 平台上关注 Bitget 和 Eclipse，引用该抽奖帖子并带上话题标签 #ESlistBitget，@一位好友，完成注册，在 Bitget 上存入或交易 ES，并填写帖子中链接的表单。
此外，同期将开展一项社区活动，另有 24,947 枚 ES 将由 750 名符合条件的用户瓜分。 要参与活动，用户需同时成为 Bitget Discord 和 BGB 持有者群组的成员，完成注册，净充值超过 100 USDT，并完成任意一笔 ES/USDT 现货交易。
Eclipse 是一个模块化第二层网络，旨在通过整合多个生态系统的优势，实现快速、低成本且可扩展的区块链性能。 它利用以太坊进行结算，借助 Solana Virtual Machine (SVM) 提升速度，通过 Celestia 保障数据可用性，并利用 RISC Zero 实现零知识证明。 因此，Eclipse 能够有效应对区块链在可扩展性、安全性和去中心化三者之间的平衡难题。 凭借对开发者友好的设计，Eclipse 针对高性能用例进行了优化，从高频 DeFi 交易到复杂的去中心化应用，都能在不影响速度和效率的情况下，提供顺畅的用户体验。
Bitget 持续巩固其顶级加密货币交易所的地位，在现货和衍生品市场提供超 800 种上市代币。 将 Eclipse 纳入 Launchpool，契合 Bitget 持续努力支持创新项目的做法，这些项目的价值不断推动生态系统的发展。
如需了解 Eclipse 的更多详情，请访问此处。
关于 Bitget
Bitget 成立于 2018 年，是全球领先的加密货币交易所和 Web3 公司。 Bitget 交易所在 150 多个国家和地区为超过 1.2 亿用户提供服务，致力于通过其开创性的跟单交易功能和其他交易解决方案帮助用户更智能地进行交易，同时提供实时比特币价格、以太坊价格和其他加密货币价格信息。 Bitget Wallet 前身为 BitKeep，是一款领先的非托管加密货币钱包，支持超过 130 条区块链和数百万种代币。 它支持多链交易、质押和支付，可直连超过 20,000 个去中心化应用程序，集高级兑换功能和市场洞察于一体化平台。
Bitget 通过战略合作伙伴关系引领加密货币推广，例如，它是世界顶级足球联赛西班牙足球甲级联赛 (LALIGA) 在东亚、东南亚和拉美市场的官方加密货币合作伙伴，也是土耳其国家运动员 Buse Tosun Çavuşoğlu（摔跤世界冠军）、Samet Gümüş（拳击金牌得主）和 İlkin Aydın（排球国家队队员）的全球合作伙伴，旨在激励全球社区拥抱加密货币的未来。
为了配合其全球影响力战略，Bitget 还携手联合国儿童基金会 (UNICEF)，计划在 2027 年前为 110 万人提供区块链教育支持。 而在赛车运动领域，Bitget 则是世界上最激动人心的摩托车竞速锦标赛之一 MotoGP™ 的独家加密货币交易所合作伙伴。
如需了解更多信息，请访问：网站 | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
媒体垂询请联系：media@bitget.com
风险提示：数字资产价格波动，可能会出现大幅变化。 建议投资者审慎投入，切勿投入无法承受损失的资金。 投资价值可能受到影响，可能无法实现财务目标，也可能无法收回本金。 建议寻求独立财务顾问的意见，并充分考虑个人财务经验和状况。 过往业绩不代表未来表现。 Bitget 对可能出现的损失不承担任何责任。 本文内容不作为任何财务建议。 详情请查阅我司使用条款。
本公告随附的照片可在以下网址查看：
http://www.globenewswire.com/NewsRoom/AttachmentNg/2be7c95b-4d40-4d41-be8b-b35d7e57d9aa
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
ETON SOLUTIONS RAISES US$58 MLN SERIES C TO FUEL AI INNOVATION, GLOBAL EXPANSION
KUALA LUMPUR, July 17 (Bernama) -- Eton Solutions, a United States (US)-based wealth management platform serving single- and multi-family offices, has announced the completion of its US$58 million Series C funding round, led by returning investor Navis Capital Partners. (US$1=RM4.23)
The capital raise, conducted in two tranches, comes amid strong growth momentum for Eton Solutions, which currently manages over US$1 trillion in assets via its flagship AtlasFive platform.
In a statement, the company said it has quadrupled its revenue and expanded its client base by 340 per cent across 15 countries over the past three years.
Its Executive Chairman, Satyen Patel said the company is focused on redefining how wealth managers handle liquid and alternative investments using artificial intelligence (AI)-driven efficiencies.
“Our total addressable market is expanding every year, and our technology is evolving to meet it,” he said.
Proceeds from the funding will be used to enhance AI capabilities, accelerate product development, and expand into the private equity and fund management sectors. The company is also targeting clients with investable assets starting from US$25 million.
AtlasFive, which serves more than 800 ultra-high-net-worth families globally, now manages 130,000 entities and over 205,000 investments, processes US$65 billion in annual bill payments, and executes over 14 million transactions annually.
Navis Capital Partners, which manages over US$5 billion in assets, underscored Eton Solutions’ role as a core infrastructure provider for managing complex wealth.
According to Deloitte, the number of single-family offices globally stood at 9,030 last year and is expected to reach 10,720 by 2030, with Asia Pacific projected to record the fastest growth.
With headquarters in North Carolina and Singapore, Eton Solutions is strategically positioned to capitalise on the rapid growth of family offices worldwide, particularly in Asia Pacific, the US, the United Kingdom, Switzerland and the United Arab Emirates.
-- BERNAMA
The capital raise, conducted in two tranches, comes amid strong growth momentum for Eton Solutions, which currently manages over US$1 trillion in assets via its flagship AtlasFive platform.
In a statement, the company said it has quadrupled its revenue and expanded its client base by 340 per cent across 15 countries over the past three years.
Its Executive Chairman, Satyen Patel said the company is focused on redefining how wealth managers handle liquid and alternative investments using artificial intelligence (AI)-driven efficiencies.
“Our total addressable market is expanding every year, and our technology is evolving to meet it,” he said.
Proceeds from the funding will be used to enhance AI capabilities, accelerate product development, and expand into the private equity and fund management sectors. The company is also targeting clients with investable assets starting from US$25 million.
AtlasFive, which serves more than 800 ultra-high-net-worth families globally, now manages 130,000 entities and over 205,000 investments, processes US$65 billion in annual bill payments, and executes over 14 million transactions annually.
Navis Capital Partners, which manages over US$5 billion in assets, underscored Eton Solutions’ role as a core infrastructure provider for managing complex wealth.
According to Deloitte, the number of single-family offices globally stood at 9,030 last year and is expected to reach 10,720 by 2030, with Asia Pacific projected to record the fastest growth.
With headquarters in North Carolina and Singapore, Eton Solutions is strategically positioned to capitalise on the rapid growth of family offices worldwide, particularly in Asia Pacific, the US, the United Kingdom, Switzerland and the United Arab Emirates.
-- BERNAMA
Wednesday, 16 July 2025
BOTANEE GROUP LEADS CHINESE BEAUTY INDUSTRY PUSH AT CHINA-THAILAND CULTURAL EXCHANGE
 |
| Winona enters the Thai market |
KUALA LUMPUR, July 16 (Bernama) -- The "Mountains and Seas Spirits · Yu Garden Lantern Festival – 2025 China-Thailand Cultural Month" officially commenced at ICONSIAM, Bangkok, marking the 50th anniversary of diplomatic relations between China and Thailand.
The event, aimed at strengthening cultural ties between the two nations, saw the participation of Botanee Group, a leading Chinese functional skincare company, as the sole representative from the beauty industry.
From July 7 to 13, Botanee Group, together with its flagship brand Winona, hosted the themed exhibition "Botanee Week – Mountain-Sea Harmony, Oriental Botanical Rhyme" – A Celebration of Living Aesthetics under the umbrella of the cultural month.
The exhibition highlighted the brand’s commitment to health, beauty, and the promotion of Oriental aesthetics through scientific innovation, according to the group in a statement.
Founded in Yunnan Province, China, Botanee has emerged as a key player in the functional skincare market. The company’s presentation at the event featured a specially designed Winona popup booth, which illustrated its journey from the snow-capped mountains of Yunnan to advanced laboratories across the globe.
In addition to its research and development centres in Shanghai and Kunming, Botanee has established laboratories in Paris, France, and Tokyo, Japan, further advancing international scientific collaboration.
Earlier this year, the group launched its Southeast Asia headquarters in Bangkok, marking a strategic milestone in its global expansion efforts.
Botanee’s products are currently available in leading Thai beauty retail outlets such as BEAUTRIUM and EVEANDBOY and have also entered Mannings stores in Hong Kong and Macao.
The "Botanee Week" initiative is seen as a significant step in strengthening the group’s market presence in Thailand while laying the groundwork for future expansion into neighbouring countries including Singapore, Malaysia and Vietnam.
Botanee Group remains committed to leveraging China’s scientific expertise to support its global growth and contribute to the international development of Chinese cosmetics.
-- BERNAMA
Sunday, 13 July 2025
Bitget Partners With UNTOLD Festival, Where Web3 Takes The Main Stage
CLUJ-NAPOCA, Romania, July 10 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s leading cryptocurrency exchange and Web3 company, has collaborated with UNTOLD - one of the top three music festivals in the world to sync pop culture with Web3. With this, Bitget is now the official sponsor of UNTOLD X this August, with the partnership continuing at UNTOLD Dubai later this year. Over 400,000 music lovers will be attending the music festival, taking Bitget’s message to the mainstage and inviting the world to—Feel the ₿eat.
This partnership marks Bitget’s boldest move yet into the world of music and youth culture. Following headline-grabbing deals with LALIGA and MotoGP, the UNTOLD collaboration proves that Bitget isn’t just showing up; it’s stealing the spotlight. The goal? Bring Web3 to the front row, backstage, and every bass drop in between.
“We’ve partnered with athletes, champions, and now rockstars,” said Gracy Chen, CEO of Bitget. “UNTOLD speaks the language of the next generation. And so do we. Whether you're vibing in the crowd or trading on the go, Bitget is there to make every moment count. We’re here to connect, to move with the rhythm of pop culture, and to show that Web3 is the gateway to broadening horizons.”
Ranked #3 globally in DJ Mag’s Top 100 Festivals, UNTOLD has become a cultural landmark. It hosts live acts like Imagine Dragons, Lenny Kravitz, Bebe Rexha, Major Lazer, Charlie XCX, and Jason Derulo. Electronic giants like Martin Garrix, David Guetta, Armin van Buuren, Solomun, and Amelie Lens will also entertain the audience.
“We’re excited to welcome Bitget as a global partner of UNTOLD. This collaboration goes beyond sponsorship; it’s about building bridges between the world of music, culture, and the future of finance,” said Bogdan Rădulescu, Co-Founder & Chief Business Officer of UNTOLD Universe. “Together, we’ll create experiences that redefine how communities connect and celebrate across continents.”
The 10th anniversary edition promises to be legendary, with Post Malone, Armin van Buuren, Tiësto, and Martin Garrix leading the lineup. Bitget will be there every step (and step count) of the way, from immersive events to exclusive VIP experiences.
With front-row seats at UNTOLD, Bitget is turning up the volume on what it means to be a VIP. Think backstage access, ultra-exclusive lounges, and unforgettable moments, all reserved for those who live louder and demand the best.
The partnership kicks off at UNTOLD’s 10th anniversary in Cluj-Napoca. It will carry through to UNTOLD Dubai, where Bitget will once again bring the energy of emerging Web3 to one of the world’s most dynamic cultural stages.
As UNTOLD celebrates a decade of unforgettable music moments, Bitget steps into the spotlight to amplify what’s next. This partnership is about resonance. From Cluj to Dubai, Bitget is reimagining how a new generation connects with finance, culture, and each other.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. It also offers real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices.
Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
About UNTOLD
UNTOLD Festival is one of the world’s largest music festivals, celebrating a decade this summer. Born in the heart of Transylvania, Romania, UNTOLD now ranks 3rd in the Top 100 Festivals by DJ Mag. In 2015, UNTOLD Festival won the award for the Best Major Festival in Europe, a premiere for a festival to receive this recognition after the first edition.
In 2025, UNTOLD celebrates 10 years with Post Malone, Metro Boomin, Anyma, Armin van Buuren, Martin Garrix with UNTOLD Special Set, FISHER, Tiësto Extended Set, Don Diablo Extended Set, Dom Dolla, Adriatique, and more. Over 430,000 fans worldwide are expected in Cluj-Napoca, from August 7 – 10, for the 10th anniversary of UNTOLD.
About UNTOLD Universe
UNTOLD Universe is one of the leading entertainment and live events groups in the world. Its portfolio includes UNTOLD Festival (ranked #3 in the Top 100 Festivals by DJ Mag), Neversea (#21), UNTOLD Dubai (#40), and Massif, a winter music experience in the Romanian mountains. Beyond festivals, UNTOLD Universe also creates cultural events, including Christmas markets, international partnerships, brand activations, communication, and movies.
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45253b75-d3b8-4f34-ae98-50aaef502438
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Saturday, 12 July 2025
Bitget Hosts Public Token Sale for pump.fun (PUMP)
VICTORIA, Seychelles, July 10 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has launched a public token sale for pump.fun (PUMP), the native token of the viral Solana-based memecoin platform pump.fun.
The sale opens on July 10, 2025, at 10:00 (UTC) and runs for 24 hours, closing on July 11 at 10:00 (UTC). With a fixed swap price of $0.004 per token, participants can subscribe using USDT and USDC, with individual contributions ranging from 5 to 1,000,000 coins.A total of 150 billion PUMP tokens will be available for sale, representing a $600 million total subscription quota from a total supply of 1 trillion tokens.
The PUMP token fuels the pump.fun platform, which has become a creative hub for memecoin launches and community experimentation on Solana. The token’s introduction marks a new chapter in enabling crypto-native meme culture and grassroots innovation. Following the token sale, trading for PUMP/USDT will go live on Bitget Spot on July 11 at 12:00 (UTC).
PUMP is the native utility token of the Pump.Fun platform, which includes the pump.fun launchpad and the swap.pump.fun automated market maker (AMM) protocol. While the platform remains fully permissionless and does not require the token for access, PUMP may be used in promotional activities and future utilities tied to the Pump.Fun ecosystem.
Bitget continues to expand its footprint in the spot crypto market. With a 24-hour trading volume of over 3.56 billion USDT, Bitget ranks as the third-largest spot exchange, according to Coingecko. The platform supports about 700 tokens, and has previously hosted high-profile token sales, including The WalletConnect Network, Jambo, and Fuel Ignition.
For more details, visit the official announcement.
About Bitget
Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
For media inquiries, please contact: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/21450d7f-47de-4b29-b35a-388ccd53b022
SOURCE: Bitget Limited
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