CARBONAI AND GREENPLINTH AFRICA TO PARTNER ON MAJOR CLEAN COOKSTOVE PROGRAM IN NIGERIA

 

Calgary-based GHG software developer will support the digital quantification and verification of carbon credits resulting from the distribution of millions of clean cookstoves in Nigeria and Africa over the next five years.


CALGARY, Alberta & LAGOS, Nigeria, Jan 31 (Bernama-BUSINESS WIRE) -- CarbonAi Inc. and Greenplinth Africa Limited are pleased to announce that they have entered into an agreement under which CarbonAi will provide its software tools to support the digital measurement, reporting and verification (DMRV) of greenhouse gas (GHG) reductions from a major clean cookstove program to be developed by Greenplinth Africa in Nigeria.

The program will distribute millions of clean cookstoves to households across Nigeria and Africa over the next five years, drastically reducing deforestation, GHG emissions, respiratory illness, gender inequality and other issues associated with traditional open-fire cooking.

Clean cookstoves are a critical project type for achieving sustainable development benefits in economically disadvantaged regions. They are often financed by the sale of carbon credits resulting from the displacement of open-fire cooking by highly efficient, cleaner-burning stoves. Carbon-financed cookstove projects have been subject to intense scrutiny related to the accuracy and reliability of conventional quantification methods, putting the continued financing of such projects—and the many benefits they generate—at grave risk.

CarbonAi has developed Spark, a patent-pending suite of tools for the end-to-end quantification, verification, issuance and management of high-integrity GHG reduction outcomes from cookstove projects. This includes a proprietary stove use meter to monitor and precisely measure cookstove usage. Spark was developed to bridge the gap between existing carbon market infrastructure and the emerging digital carbon market ecosystem to provide irrefutable proof of claimed GHG reductions, helping project developers to deliver high-integrity, high-value carbon credits.

“This Article 6.4 clean cookstoves project is a transformative initiative, and a significant step forward in combatting the adverse health and environmental impacts associated with traditional cooking methods, such as indoor air pollution and deforestation. It will also be a foreign exchange earner for the Nigerian economy,” said Dr. Olawale Akinwumi, President and CEO of Greenplinth Africa. “The provision of free clean cookstoves is set to transform the lives of millions of Nigerians, particularly women and children, who are disproportionately affected by the harmful effects of traditional cooking practices.”

“We are excited to support Greenplinth Africa as they leverage Nigeria’s tremendous natural and human resources to deliver large-scale climate impact projects across Nigeria,” stated CarbonAi’s Chief Carbon Officer, Yvan Champagne. “Scaling clean cooking is absolutely critical in any GHG mitigation pathway but it will only happen if project investors and carbon credit buyers have confidence in the integrity of underlying reductions. We look forward to helping Greenplinth Africa generate the highest quality emission reductions possible, thereby ensuring that the program will reach its full potential.”

About Greenplinth Africa

Greenplinth Africa, a Pan-African Green Solutions Corporation, is a Superlative Africa Green Platform and Sustainable Development Goals Projects implementation for the Africa Continent, with offices in Nigeria and the United States of America.

To learn more, visit: www.greenplinthafrica.com

About CarbonAi

CarbonAi develops world-leading software tools that increase the integrity and auditability of GHG data and projects. The company’s tools for first-mile auditable data collection (Field), DMRV and quantification (Proof), integrity of clean cookstove data (Spark) and portfolio management (View) are used by industry leaders across the world to deliver high-integrity GHG outcomes.

To learn more, visit: http://www.carbonai.ca/spark

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250130285901/en/


Contact

Media Contact

Greenplinth Africa

Dr. Olawale Akinwumi
President and CEO
Tel: +234 (0) 803 316 4567
poa@greenplinthafrica.com

CarbonAi

Stephen Entwisle
Director, Cookstoves DMRV
Tel: +1 403-560-1944
stephene@carbonai.ca

Source : CarbonAi Inc.

CGTN: 2025 CMG Spring Festival Gala Blends Tradition With Innovation In Final Stage

KUALA LUMPUR, Jan 27 (Bernama) -- The 2025 China Media Group (CMG) Spring Festival Gala, a cornerstone of Chinese New Year celebrations, has entered its final rehearsal phase.

Known for its rich cultural significance, this annual event, or Chunwan in China, combines innovation with tradition, captivating audiences in both China and the world, according to a statement.

With cutting-edge augmented reality (AR) and virtual reality (VR) technology, the show promises an immersive experience, blending classic acts with interactive elements to engage audiences and attract a broader audience, particularly younger generations.

Adding to the festive atmosphere, the gala has also unveiled its official mascot, "Si Sheng Sheng”, a vibrant green snake symbolising the Year of the Snake.

Inspired by traditional Chinese culture, the design incorporates intricate details like the spiral patterns from a gilded silver "Ruyi" discovered in northwest China's Shaanxi's Famen Temple, representing prosperity.

Since its inception in 1983, the Spring Festival Gala has become a cultural hallmark of Chinese New Year, celebrating the nation's heritage through performances such as operas, folk songs, dances, skits, and crosstalk.

While maintaining the traditions, this year’s gala will embrace modern creative expressions with its stage design, which draws inspiration from the "Ruyi" sceptre, a traditional Chinese artefact symbolising fulfilled wishes.

In recent years, the Spring Festival Gala has embraced technological advancements to rejuvenate traditional art forms, with the integration of technology and culture not only breathing new life into traditional art but also deepening the audience's connection with China's cultural heritage.

In addition to celebrating familial bonds, the gala reflects societal changes and issues through its humorous skits and crosstalk, sparking both laughter and reflection, in which the 2025 Gala will continue this tradition, offering insight into contemporary social themes while embodying the spirit of the times.

This year's event promises to be both a vibrant celebration of the past and an exciting glimpse into the future, reinforcing the gala's role as a bridge between tradition and modernity and as a heartfelt connection among Chinese people worldwide.

-- BERNAMA

World Economic Forum Global Meeting Set For Spring 2026 In Riyadh

KUALA LUMPUR, Jan 27 (Bernama) -- The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the inaugural event slated for the spring of 2026.

The Riyadh meeting will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields, including the public and private sectors, academia, international organisations, and civil society, to convene and address critical global challenges.

The announcement was made by Minister of Economy and Planning, Faisal F. Alibrahim, and WEF President, Børge Brende, on the final day of the 55th Annual Meeting of the WEF in Davos, Switzerland.

Minister Faisal emphasised that this meeting highlights Saudi Arabia’s growing role as a centre for global dialogue, collaboration, and innovation, and offers an opportunity to unite efforts for a more inclusive and prosperous future.

“This meeting represents a significant opportunity to further unite the world in capturing the immense potential that lies ahead. We look forward to welcoming the global community again in Saudi Arabia in the spring of 2026,” he said in a statement.

Building on the success of the WEF Special Meeting held in Riyadh in April 2024, this new development solidifies Saudi Arabia’s position as a central player in shaping the global agenda.

The Kingdom’s bold leadership and determination to foster global dialogues between developed and developing economies and drive inclusive global growth make it an ideal host to address complex global challenges with the WEF community.

The WEF Global Meeting in Riyadh is set to become a cornerstone event in the global calendar, reflecting the Kingdom’s position as a key bridge between the north and south, east and west, and a beacon for constructive dialogue and action.

-- BERNAMA

SOFTSMILE, CLEARCORRECT, STRAUMANN SETTLE LEGAL DISPUTES

KUALA LUMPUR, Jan 27 (Bernama) -- SoftSmile Inc, ClearCorrect Operating LLC, and Institut Straumann AG have reached an amicable settlement, resolving all ongoing litigation and legal disputes between the companies.

According to SoftSmile in a statement, the companies had been involved in multiple legal disputes in the United States and Pakistan.

Headquartered in New York and established in 2020, SoftSmile designs and develops an advanced, artificial intelligence-driven orthodontic software that applies innovative approaches in a user-friendly interface.

-- BERNAMA

CT SEMICONDUCTOR COMPLETES THE FIRST "SEED TRAINING" COURSE ON ATP SEMICONDUCTOR CHIPS

HANOI, Vietnam, Jan 27 (Bernama-GLOBE NEWSWIRE) -- CT Semiconductor - a member of CT Group, officially concluded the first “Seed Training - Train for the Trainer” course on ATP (Assembly, Test, and Packaging) of semiconductor chips. The course took place from January 13 to 19, 2025, at the National Innovation Center (NIC), Hanoi.
 

The course was organized with the goal of collaborating with the Government to develop high-quality human resources in the semiconductor industry. This aligns with the direction set forth in Decision No.1018/QĐ-TTg by the Prime Minister on the Strategy for the Development of Vietnam’s Semiconductor Industry to 2030, vision towards 2050.

The course was designed and included direct instruction from foreign experts with over 20 years of experience in the industry. A highlight of the program is that all participants received full support from CT Semiconductor for tuition, living expenses, and transportation. This demonstrates the company’s strong commitment to contributing to the sustainable development of Vietnam’s semiconductor industry, while aligning closely with the Government’s strategy for the industry’s growth.

Dr. Le Xuan Luc (University of Technology, University of Technology, Vietnam National University, Hanoi - PhD in Nano IT Fusion Engineering) expressed: “Participating in the first ‘Seed Training - Train for the Trainer’ course, I find this course extremely meaningful. CT Semiconductor’s bold and pioneering support in training high-level and practical students in IC chip testing, assembly, and packaging is a long-term strategy that spreads motivation nationwide for the robust development of Vietnam’s semiconductor ecosystem. This is a practical action that brings significant benefits since Vietnam has identified science and technology as the core in its growth.”

Representative from the National Innovation Center (NIC) shared: “Each course like ‘Seed Training - Train for the Trainer’ will be the first stepping stone to create a skillful workforce to meet the enormous demands of the domestic and international semiconductor industry. CT Semiconductor’s role in leading human resource training initiatives will contribute to the national goal of having 50,000 engineers and bachelors serving the semiconductor industry by 2030.”

CT Semiconductor’s representative added: “We understand that human resources are the key to realizing the vision of making Vietnam a leading semiconductor technology hub in the region. With this course, CT Semiconductor not only meets the workforce needs of our factories but also supports foreign semiconductor companies investing and expanding their operations in Vietnam. This is part of a long-term strategy to ensure that Vietnam is not only a destination for investment projects but also a provider of high-quality human resources that meet international standards.”

The course by CT Semiconductor is a strategic step in developing high-quality human resources for Vietnam’s semiconductor industry. With thorough investment in education and technology development, CT Semiconductor is contributing to build a sustainable foundation for the semiconductor industry, joining hands to gradually make Vietnam an important semiconductor technology hub in the region and the world.

Email: info@ctsemiconductor.com 

https://www.globenewswire.com/NewsRoom/AttachmentNg/bdfc4f20-fa7a-42b3-bbf4-4eae0aff300b 

Source: CT Group 

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SANYA'S UNIQUE TROPICAL SEASIDE VIBE ATTRACTS GLOBAL VISITORS

KUALA LUMPUR, Jan 27 (Bernama) -- The picturesque landscape, pleasant climate, and abundant activities have contributed to Sanya’s popularity among global vacationers as the tourist city is ushering in the peak season with a unique tropical seaside vibe.

The Publicity Department of Sanya Municipal Party Committee in a statement stated that Sanya's one-of-a-kind charm and hospitality have made it a preferred destination for many travellers from various countries.

Sanya is working to diversify its tourism products, foster a tourist-friendly atmosphere, and establish itself as a key function and leading area of Hainan Free Trade Port's international consumption centre.

To celebrate the Year of the Snake, Sanya is hosting the first World Intangible Heritage Spring Festival, featuring a wealth of events under the theme Heartwarming Year of the Snake. Citizens of 59 countries are able to visit the city without a visa, while many can enjoy a visa-free transit of 240 hours.

Visitors can enjoy activities like beach strolls, countryside relaxation, water sports, and low-altitude sightseeing. The city's Yazhou Ancient City, with its fire pot show, dragon dance, and fish lantern parade, remains a major attraction.

Local folk customs and traditions continue to draw attention, while Dadonghai Beach, a thriving international resort, is a hotspot for tourists.

As the tourism sector is booming, Sanya is continuously improving its services with multilingual signs and friendly staff at the airport, train stations, and scenic spots to help international visitors navigate the city with ease.

Shops within the scenic areas display "Foreign Payment Accepted" signs at the reception desks, and product labels on the shelves are annotated with foreign language explanations, ensuring a thoughtful and accommodating experience for international visitors.

Furthermore, the 12345 hotline is also available around the clock, offering services in multiple foreign languages, including English, Korean, and Japanese, promptly addressing tourists' concerns and difficulties.

-- BERNAMA

PHOTO STORY - AMBANK GROUP COASTAL CLEANING AND MANGROVE PLANTING AT BAGAN LALANG MANGROVE FOREST

 

AmBank Group Coastal Cleaning and Mangrove Planting at Bagan Lalang Mangrove Forest
 

KUALA LUMPUR, Jan 23 (Bernama) -- On Saturday, 18 January 2025, more than 150 AmBank staff came together for a day of coastal cleaning and mangrove planting at Bagan Lalang Mangrove Forest in Sepang.
 
Cruising through the waters on kayaks, our team planted 1,000 mangroves, contributing to the preservation of our coastal ecosystem. This event is one of many which we've lined up in conjunction with AmBank Group's 50th Anniversary celebrations.

SOURCE: AmBank Group

FOR MORE INFORMATION, PLEASE CONTACT: 
Name: Ashiqin Anuar
Media Relations, Group Corporate Communications & Marketing
Tel: 012 917 6266

--BERNAMA 

Gradiant, GF Piping Systems Team Up To Advance Global Water Treatment Solutions

Today, Gradiant, a global leader in advanced water and wastewater treatment, announced a strategic partnership with GF Piping Systems. (Photo: Business Wire)

KUALA LUMPUR, Jan 24 (Bernama) -- Gradiant, a global leader in advanced water and wastewater treatment, has announced a strategic partnership with GF Piping Systems, a flow solutions provider.

This collaboration solidifies Gradiant’s capabilities to deliver high-performance, state-of-the-art water treatment solutions to the world’s essential industries, such as semiconductors, pharmaceuticals, and critical minerals, while reinforcing its leadership in the global water industry.

“This partnership combines Gradiant's advanced water treatment technologies and process expertise with GF Piping Systems' experience in precision flow solutions.

“Together, we are empowering the world’s essential industries that rely on us to achieve greater efficiency, sustainability, and resilience in their water operations,” said Gradiant President, Govind Alagappan in a statement.

Meanwhile, GF Piping Systems Head of Business Unit Asia, Wolfgang Dornfeld said: “Our partnership with Gradiant is a natural fit. We are both committed to driving technological advancements for sustainable water treatment through collaborative research and development.”

Under the terms of the non-exclusive agreement, GF Piping Systems will provide Gradiant with defined products and services, ensuring seamless project execution at key facilities worldwide.

GF’s robust international support network will provide Gradiant with access to around-the-clock technical expertise and on-site assistance, ensuring the timely and reliable delivery of Gradiant’s solutions to meet the demanding needs of mission-critical industries.

The partnership was celebrated at GF Piping Systems’ Customer Experience Center in Singapore with the handover of its 100th IR-63M infrared welding machine, marking a milestone in their shared focus on innovation and sustainability.

The cutting-edge welding machine will complement Gradiant’s Global Innovation Center in Singapore, a recognised hub for water technology innovation, driving groundbreaking advancements in industrial water treatment to address the world’s most important water challenges.

-- BERNAMA

teamlab Planets Tokyo Expands With New Attractions, Artworks

 

teamLab Planets TOKYO DMM (c) teamLab - A new large-scale Athletics Forest and more installations will open at teamLab Planets TOKYO DMM in Toyosu, Tokyo (teamLab Planets) on January 22, 2025. The full new experience at teamLab Planets, featuring over 20 additional artworks, including the Athletics Forest and more, is being revealed.

KUALA LUMPUR, Jan 22 (Bernama) -- teamLab Planets TOKYO DMM in Toyosu, Tokyo, has debuted an exciting expansion, introducing a large-scale Athletics Forest that is accompanied by more than 20 new artworks.

According to a statement, the expanded museum’s space by 1.5 times, creating a vast new area dedicated to educational projects by teamLab.

The new features include Athletics Forest, a multi-dimensional creative athletic space; Catching and Collecting Extinct Forest, where visitors can capture and study extinct animals; and Future Park, a collaborative area for co-creation.

Other fresh offerings at teamLab Planets include the Orchid Glass House, a serene spot for tea surrounded by orchids; the Living Art Store, where visitors can purchase regrown orchids; and Sketch Factory, where visitors’ drawings created within the exhibit are transformed into original products to take home.

Additionally, the outdoor area featuring the Black Emptiness Table, a popular spot to enjoy Vegan Ramen UZU Tokyo, will also undergo major renovations.

Tickets for visits through March 2025 are now available on the official teamLab Planets website.

-- BERNAMA

CGTN: XI JINPING VISITS FLOOD-AFFECTED RESIDENTS AHEAD OF SPRING FESTIVAL

CGTN publishes an article on Chinese President Xi Jinping's recent visit to a village in northeast China's Liaoning Province, which was heavily affected by floods last August. The article highlights the president's tradition of visiting ordinary citizens ahead of the Spring Festival, reviews heartwarming moments from his visits, and explains how Xi's actions reinforce his commitment to ensuring a happy life for the people.

BEIJING, Jan 24 (Bernama-GLOBE NEWSWIRE) -- With just over a week until the Spring Festival, the most important holiday on the Chinese calendar, families affected by flooding in Zhujiagou Village, northeast China's Liaoning Province, are preparing to celebrate Chinese New Year in new homes.

Last August, torrential rains lashed Liaoning's Suizhong County, triggering severe flooding and heavily affecting the lives of as many as 185,000 residents in 110 villages across 10 townships. The low-lying Zhujiagou Village was among the hardest-hit areas, with roads destroyed, over 70 hectares of farmlands inundated, and more than 50 homes damaged – 41 of which were deemed unsafe for repair.

The 186 villagers from the 41 affected households were collectively relocated to a new site on higher ground. A construction project then began in early September to ensure residents could have a roof over their heads before the arrival of the cold winter in northeast China. By October 24, 2024, all these villagers had moved into newly-built homes.

Braving freezing temperatures, President Xi Jinping took time out of his busy schedule to visit the villagers in Zhujiagou on Wednesday.

Xi, who is also general secretary of the Communist Party of China (CPC) Central Committee, inspected the progress in post-disaster restoration and reconstruction and asked locals about the quality of the reconstructed homes and the standards of their daily living conditions.  

"Huludao suffered severe flooding last year. I have been concerned about you and came to see you before the Spring Festival," Xi told the villagers.

"What I've seen today makes me feel relieved," he added.

'People can always count on Party, government'

Noting a number of natural disasters that occurred across the country last year, Xi on Wednesday expressed his belief that restoration and reconstruction in the affected areas will yield good results.

"We have always put the people first," Xi said. "The people can always count on the Party and the government in their most difficult times, and we will help them overcome difficulties and rebuild their homes."

Looking back at the footprints of the president's visits ahead of the Spring Festival, "post-disaster reconstruction" has been a major corner to be addressed head-on.

In addition to the recent visit to Zhujiagou, last February Xi visited those affected by the floods in Diliubu Village, Tianjin Municipality. As he told the villagers, "Only when the people are secure can the country prosper," adding that the Party's central leadership has "made a resolution to improve the livelihood of the people by striving to enhance the construction of water conservancy and flood control projects."

Back in January 2022, he braved the snow to visit people in a small village called Fengnanyuan in north China's Shanxi Province that had been hit hard by autumn floods. "The CPC's resolve to ensure all Chinese people live happy lives has remained unchanged for more than a century, and it will not falter," said Xi.

He also visited Yingxiu, a township in Wenchuan County of Sichuan Province in February 2018, which was the epicenter of a major earthquake that claimed the lives of tens of thousands in 2008. "My job is to serve the people," Xi said during the visit.

Spending time with people

The visit to Liaoning continues a tradition Xi has maintained for 13 consecutive years: visiting people at the primary and grassroots level ahead of Spring Festival, leaving many heartwarming moments.

During a pre-festival inspection in Zhangjiakou, Hebei Province in January 2017, Xi visited Desheng Village, where he helped a villager meticulously calculate household income and expenses.

In February 2016, Xi visited Shenshan Village in Jiangxi Province and joined the villagers in making the festive snack ciba, a traditional glutinous rice cake. He quipped that pounding the snack with a mallet was a good workout.

When inspecting northern Inner Mongolia Autonomous Region in January 2014, Xi went to a children's welfare home where he used sign language to interact with the hearing-impaired. In his latest New Year message, Xi Jinping again stressed that "of all the jobs in front of us, the most important is to ensure a happy life for our people." The president's busy schedule is a vivid demonstration of actions backing up words. 

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KUAISHOU KLING AI UNVEILS "MULTI-IMAGE REFERENCE" FEATURE TO FURTHER TACKLE AI VIDEO CONSISTENCY CHALLENGES

HONG KONG, Jan 24 (Bernama-GLOBE NEWSWIRE) -- Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, recently announced the global launch of Kling AI’s “multi-image reference” feature, addressing one of the most persistent challenges in AI video generation – maintaining visual consistency. This cutting-edge technology enables AI to analyze and integrate diverse subjects from multiple images and creatively generate composite videos based on users’ text descriptions, empowering creators to produce seamless and professional-quality videos with greater precision.
 

The “multi-image reference” feature is now available to users worldwide through the Kling AI 1.6 model. Users can upload one or more images of the same subject (such as a person, animal, movie character or object), and the model will reference these images to generate a video with a consistent style, ensuring the subject remains visually consistent across multiple scenes. For example, by uploading images of a cat, a jacket, and sunglasses and entering a prompt like “A humanoid cat in a jacket and sunglasses turns on stage and poses for the camera,” the model skillfully blends the reference images and user instructions to produce a professional-grade video.
 

Users can also use reference images to define specific scenes, enabling characters to don different outfits and undertake actions within designated settings, thus greatly enhancing creative control. For example, by uploading reference images of an elderly man, a cup of coffee, and a café scene, and entering a prompt such as “A cartoon-style elderly man grabs a cup of coffee in a café,” users can generate a video depicting a man sitting in a café sipping his coffee.

Furthermore, the “multi-image reference” feature enables dynamic interactions between different characters. Users can upload images of multiple subjects (such as people, animals or movie characters) and describe their desired interactions through text prompts. For example, by uploading reference images of a boy and a Corgi and entering the prompt “A cute boy is petting a Corgi,” the feature will generate a video that brings the scene to life (video frame shown below).

Since its initial rollout on June 6, 2024, Kling AI has undergone dozens of extensive iterations and upgrades. Most notably, in December 2024, the video generation model Kling AI 1.6 was officially launched, building upon the foundation model and elevating its capabilities significantly. Kling AI 1.6 introduced major advancements in text responsiveness, increasing its ability to interpret text descriptions related to motion, temporal action, and camera movement. Additionally, the upgraded model enhanced motion quality with smoother motion and more natural expressions. Kling AI 1.6 also delivered comprehensive upgrades in color accuracy, lighting dynamics, and detailed rendering, resulting in a striking improvement in overall video quality. Users can access the new feature via the web portal (Chinese version: https://klingai.kuaishou.com; English version: https://klingai.com) or by searching for and downloading KLINGAI in the app store.

With the launch of the “multi-image reference” feature, Kling AI has taken a substantial step forward in addressing the consistency challenges often faced in video generation. This innovative feature empowers users to unleash their creativity by freely combining various visual elements to craft unique and imaginative scenarios, opening the door to endless possibilities for storytelling and content creation.

Kling AI now serves a growing user base of over 6 million users, with more than 65 million videos and 175 million images generated to date. The platform is also expanding its monetization efforts through tailored membership services for individual users and API interface solutions for businesses, where it has partnered with thousands of enterprise customers, accelerating its monetization progress.

About Kuaishou

Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou's platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more.

Forward-Looking Statements

Certain statements included in this press release, other than statements of historical fact, are forward-looking statements. Forward-looking statements generally can be identified by the use of forward-looking terminology such as "may", "might", "can", "could", "will", "would", "anticipate", "believe", "continue", "estimate", "expect", "forecast", "intend", "plan", "seek", or "timetable". These forward-looking statements, which are subject to risks, uncertainties, and assumptions, may include our business outlook, estimates of financial performance, forecast business plans, growth strategies and projections of anticipated trends in our industry. These forward-looking statements are based on information currently available to the Group and are stated herein on the basis of the outlook at the time of this press release. They are based on certain expectations, assumptions and premises, many of which are subjective or beyond our control. These forward-looking statements may prove to be incorrect and may not be realized in the future. Underlying these forward-looking statements are a large number of risks and uncertainties. In light of the risks and uncertainties, the inclusion of forward-looking statements in this press release should not be regarded as representations by the Board or the Company that the plans and objectives will be achieved, and investors should not place undue reliance on such statements. Except as required by law, we are not obligated, and we undertake no obligation, to release publicly any revisions to these forward-looking statements that might reflect events or circumstances occurring after the date of this press release or those that might reflect the occurrence of unanticipated events. 

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EQUATIV UNVEILS MAESTRO BY EQUATIV: ITS MOST ADVANCED END-TO-END CURATION PLATFORM FOR ENHANCED CAMPAIGN PERFORMANCE AND GREATER CONTROL FOR ADVERTISERS

A pioneer in curation technology reveals a next-generation solution designed to enable efficient, transparent transactions and equitable value distribution across the digital advertising ecosystem

NEW YORK, Jan 23 (Bernama-GLOBE NEWSWIRE) -- Equativ, a global independent adtech company, today announced major upgrades to its all-in-one curation platform, Equativ Buyer Connect (EBC), now renamed Maestro by Equativ, that centralizes programmatic campaign management and provides ad buyers with direct access to high-quality, scaled supply. Since launching its curation platform four years ago, Equativ has gathered feedback from over 500 media agencies (including all six of the Big Six Advertising Agencies), publishers, and data curators—who have collectively created more than 30,000 curated deals—contributing to the refinement and unveiling of an enhanced Maestro by Equativ. This evolution gives curators greater control through an optimized interface, enabling them to define precise criteria for ad placements while ensuring campaigns align with brand safety, relevance, and sustainability standards, ultimately driving better outcomes.

“We are grateful to Equativ for their support in curating inventory for our campaigns, leading to better CTR, increased views and broader reach,” said Sebastián Orduvini, OMG Marketplace Lead, Programmatic. “This highlights both Maestro’s impact and Equativ’s commitment to excellence and innovation in advertising.” 

A Media Snippet accompanying this announcement is available by clicking on this link.

Maestro by Equativ boasts a global reach that includes direct integration with more than 70 DSPs and over 30 data providers, such as LiveRamp, Lotame, IAS, and Audigent, and more to maximize campaign efficiency. Its intuitive interface and personalized support across 19 countries ensure easy adoption and operation worldwide. Some of the expanded features of the improved Maestro by Equativ include:

• Advanced Data Capabilities: Seamless integration of first-party data, cookieless solutions, alternative IDs, and agnostic data provider support for diverse use cases such as targeting and frequency capping.
• Meta Deals for Optimization: Advanced deal management tools enabling streamlined operations and better outcomes for end buyers.
• Campaign Activation: Curators have the ability to execute direct deals leveraging Equativ's premium direct inventory.

Additionally, new features from Sharethrough's legacy of expertise will be released in the near future:

• Creative Enhancements: Research-backed and exclusive creative solutions designed to boost performance and engagement.
• GreenPMPs™: With a simple and unique toggle button, curators can reduce the emissions of their campaigns by removing climate risk sites with unnecessarily high emissions as measured by Scope3.

“When we developed our first-generation curation technology in 2020, our goal was value creation for both media buyers and publishers,” said Parag Vohra, Chief Revenue Officer at Equativ. “As the market and client needs evolved, we refined our intuitive, all-in-one curation platform to offer ad buyers unmatched control, enabling them to streamline omnichannel strategies, leverage first-party data, and scale campaigns more effectively while still supporting the broader ecosystem.”

“Maestro helps us reach more users and utilize various ad formats, both domestically and internationally,” said Piotr Wiktor, Head of Programmatic Trading & Partnerships at IPG Mediabrands. “The platform’s testing options let us better allocate clients' budgets, and by comparing performance through our DSP, we choose platforms with the best ROI. Equativ’s solutions often outperform competitors' and we’ve always been satisfied with their support, helping our business grow in the right direction.”

“Equativ has been fantastic, providing invaluable training and support,” said Alyssa Allen, Vice President of Commercial Operations of Frameplay. “They’ve helped us activate in-game brand campaigns at a fraction of traditional costs, reaching highly engaged audiences.”

To learn more about Maestro by Equativ, please visit our website here.

For media inquiries, please contact: Caroline Millié Figueiredo at: pr@equativ.com

About Equativ
Equativ, a leading independent ad platform, brings scale and simplicity to digital advertising. Following its recent merger with Sharethrough and the acquisition of Kamino Retail, advertisers, media owners, and technology partners rely on Equativ's advanced SSP, curation, and retail media services and technology to achieve maximum business outcomes. With a focus on privacy-first programmatic video, CTV, and data-driven solutions, Equativ enables clients to activate across the digital ecosystem while protecting consumer privacy. The company’s global expertise is also backed by a team of over 750 employees across 19 countries.

Headquartered in Paris and New York, Equativ’s international teams are dedicated to fulfilling the promise of adtech, ensuring fair value exchanges throughout the ecosystem. www.equativ.com / @equativ / https://www.linkedin.com/company/equativ/    

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WEF25: SAUDI DELEGATION CALLS FOR NATIONS TO PUT "GREATER GOOD" FIRST

^{Saudi delegates to the World Economic Forum Annual Meeting in Davos participate in a panel session at the Saudi House pavilion, stressing the need to foster global dialogue and shape a prosperous future (Photo: AETOSWire)}



DAVOS, Switzerland, Jan 23 (Bernama-BUSINESS WIRE) -- The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122231862/en/

Calling for global collaboration to shape a prosperous future, Saudi Arabia’s Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah, said: “When we prioritize the greater good over narrow interests, we can work towards something that delivers for all of us. And although we will face difficult challenges this year, and in the years to come, I have to hope that we will all, as the global community, focus on working together on solving problems.”

Discussing global trade, His Excellency Dr. Majid A. Alkassabi, Minister of Commerce, said: “We need to have a new global trade book, we need to find alternative sources of supply to reduce the risk from high-risk regions.”

Turning to travel, His Excellency Ahmed A. Al-Khateeb, Minister of Tourism, commented: “With Saudi Vision 2030, we decided to unlock all sectors, including travel and tourism. We are building destinations, airports and new airlines, and we are looking into the tourism experience, end-to-end.”

On today’s environmental imperatives, His Excellency Adel A. Aljubeir, Minister of State for Foreign Affairs, Member of the Council of Ministers and Envoy for Climate, Kingdom of Saudi Arabia, said: “Saudi Arabia launched the Middle East Green Initiative to bring together 22 countries in our region, to help them adopt a circular carbon economy approach to deal with critical environmental issues.”

His Excellency Mohammed A. Aljadaan, Minister of Finance, said: “Saudi Arabia has focused on de-escalating in the region with real actions to strengthen stability and growth, and that paid off, and will continue to do so.”

Discussing the impact of artificial intelligence (AI), His Excellency Abdullah A. Alswaha, Minister of Communications and Information Technology, said: “The Kingdom has put the foundations for the AI development we are witnessing today, and we are working with global partners to create inclusive, innovative, and impactful AI for all.”

Outlining Saudi Arabia’s immense industrial potential, His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, said: “We have been able to convert a desert into the largest industrial city that exports petrochemicals globally.”

Discussing the importance of diversifying sources of growth, His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, said: “For the economy to detach itself from relying on oil inflows, the most efficient way to do that in the long-term is to create the space for the private sector to grow more dynamically.”

Source: AETOSWire

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250122231862/en/

Contact

Wooud Alquaied
walquaied@mep.gov.sa

Source : Saudi Ministry of Economy and Planning

TPN TOURISM LEADERS SUMMIT 2025 CHARTS MALAYSIA'S TOURISM INDUSTRY'S PRODUCTIVITY AND SUSTAINABILITY

Champion Tourism Productivity Nexus, Mr. Rohizam Yusoff, and MPC Director, Mr. Yazid Majid, together with MaTEx Certified Companies 2024

PETALING JAYA, Jan 23 (Bernama) -- The Tourism Leaders Summit (TLS) 2025, held on 20 January 2025 at the Mercure Kuala Lumpur Glenmarie, underscores the Tourism Productivity Nexus (TPN)’s commitment to fostering a robust, competitive, and sustainable tourism industry, with productivity as a key driver to enhance operational efficiency, optimise resources, and support overall industry growth.
The summit brought together over 100 organisations and individuals, including tourism industry leaders, policymakers, and key stakeholders, to kick off 2025 with a strong start in preparation for Visit Malaysia Year 2026.

TLS 2025 served as a platform to exchange ideas, debate strategies, and establish collaborative frameworks to elevate Malaysia’s tourism industry to new heights. Central to these discussions was a shared aspiration to transform tourism into a dynamic force for sustainable practices, economic growth, cultural enrichment, and environmental preservation. The summit highlighted that the success of Malaysia’s tourism industry hinges on the collective ability to pool resources, tap into diverse talents, and champion ethical stewardship of the nation’s natural and cultural heritage.

TPN Champion, Rohizam Md Yusoff, set an ambitious, optimistic, and unified tone. “The intersection of culture, environment, heritage, and community within Malaysia’s tourism narrative is essential for the industry’s success. The revitalisation of tourism is not just about increasing visitor numbers or generating higher revenues; it centres on harnessing the industry’s multifaceted potential to promote social cohesion, safeguard delicate ecosystems, and enhance national pride.”

“This comprehensive approach requires digitalisation, innovation, the continuous pursuit of knowledge, and collaboration across a broad spectrum of stakeholders. While the industry faces fast-evolving challenges, such as shifting traveller preferences and the global push for environmental responsibility, these obstacles also present new opportunities for reinvention.”

“TLS 2025 sends a clear message: with determination, creativity, and concerted cooperation, Malaysia can emerge as a premier destination that delights the modern traveller while fostering profound respect for the nation’s cultural roots and ecological treasures. Sustainability is the game-changer for the industry’s productivity and competitiveness. TPN’s Sustainable Tourism Roadmap serves as a guide for Malaysia’s tourism industry players to enhance sustainable practices,” said Rohizam.

Insights from the Director General of the Malaysia Productivity Corporation (MPC), Zahid Ismail, further amplified TLS 2025’s message. He highlighted the tourism industry’s significant economic impact, emphasising its pivotal role in driving national productivity, creating extensive employment opportunities, and enhancing Malaysia’s global competitiveness.

“Enhancing the tourism industry’s productivity aligns with broader national goals to revitalise diverse sectors, strengthen workforce capabilities, and pivot towards a future where technology, sustainability, and innovation take centre stage. Through its extensive value chain, tourism acts as a catalyst for socio-economic progress,” said Zahid.

Among TPN’s core initiatives in preparation for Visit Malaysia Year 2026 are the holistic Sayangi Malaysia campaign, the Malaysia Tourism Excellence (MaTEx) Business Certification programme, and TalentCorp’s MyMahir initiative.

Throughout the summit, there was a strong emphasis on multi-stakeholder collaboration to unify the efforts of local communities, government agencies, and private enterprises in co-creating meaningful solutions.

With the countdown to Visit Malaysia Year 2026 well underway, the summit concluded on a note of palpable optimism. Malaysia has set an ambitious target of welcoming 23.5 million international arrivals and generating USD 17 billion in tourism receipts.

About Malaysia Productivity Corporation (“MPC”)
MPC is a statutory body under the Ministry of Investment, Trade and Industry (“MITI”). It drives national productivity holistically at the national, sectoral, and enterprise levels through three main thrusts: developing future talent, driving digitization and innovation, and building a robust ecosystem. It collaborates strategically with the private and public sectors by emphasising productivity as a key agenda to boost productivity growth and national competitiveness, ultimately leading to shared well-being and prosperity.

About Tourism Productivity Nexus (TPN)
TPN is an industry-led establishment under the purview of MPC. Established as part of Malaysia Productivity Blueprint (MPB), TPN serves as the one-stop centre which assists enterprises to boost productivity, increase innovation, and capture growth opportunities that will lead to higher productivity of the tourism industry. TPN champions various initiatives with the aim to facilitate growth and increase productivity at the national, sectoral, and enterprise level, where the main strategic thrust to boost productivity are talent, industry structure, regulation, digitalisation and productive mindset.

SOURCE: Malaysia Productivity Corporation (MPC)

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Nik Haneez Amizan Nik Rosdi
Tel: 019-7181804
Email: nikhaneez@mpc.gov.my

Name: Emilly Christal Carol Tony
Tel: 019-8619564
Email: Emilly@mpc.gov.my

--BERNAMA

2025 JAPAN PRIZE LAUREATES ANNOUNCED

TOKYO, Jan. 22, 2025 /Kyodo JBN/ --

The Japan Prize Foundation announced the winners of the 2025 Japan prize on January 22, 2025. Prof. Russell Dean Dupuis of the USA has been awarded the Japan Prize in the fields of Materials Sciences and Production, and Prof. Carlos M. Duarte of Spain has been awarded the Japan Prize in the fields of Biological Production, Ecology/Environment.
 
- Field Eligible for the Award: Materials Sciences and Production
Prof. Russell Dean Dupuis
Image: https://cdn.kyodonewsprwire.jp/prwfile/release/
M000319/202501152911/_prw_PI1fl_tS7bGu5Q.jpg
 
- Field Eligible for the Award: Biological Production, Ecology/Environment
Prof. Carlos M. Duarte
Image: https://cdn.kyodonewsprwire.jp/prwfile/release/
M000319/202501152911/_prw_PI2fl_75vq5Xm9.jpg
 
For this year’s Japan Prize, Prof. Dupuis is being recognized for his distinguished contributions to the development of metalorganic chemical vapor deposition technology for compound semiconductor electronic and optoelectronic devices, and pioneering contribution to its large-scale commercialization; and Prof. Duarte is being recognized for his contribution to the understanding of marine ecosystems in a changing Earth, especially through pioneering research on Blue Carbon.
 
For the 2025 Japan Prize, the Foundation asked approximately 15,500 prominent scientists and engineers from around the world to nominate researchers working in this year’s fields. It received 149 nominations for the fields of Materials Sciences and Production, and 72 nominations for the fields of Biological Production, Ecology/Environment. This year’s winners were selected from a total of 221 nominees.
 
About the Japan Prize
The establishment of the Japan Prize in 1981 was motivated by the Japanese government's desire to create an internationally recognized award that would contribute to scientific and technological development around the world. With the support of numerous donations, the Japan Prize Foundation received endorsement from the Cabinet Office in 1983.
 
The Japan Prize is awarded to scientists and engineers from around the world who have made creative and dramatic achievements that help progress their fields and contribute significantly to realizing peace and prosperity for all humanity. Researchers in all fields of science and technology are eligible for the award, with two fields selected each year in consideration of current trends in scientific and technological development. In principle, one individual in each field is recognized with the award, and receives a certificate, a medal, and a monetary prize. Each Award Ceremony is attended by the reigning Emperor and Empress, heads of the three branches of government and other related officials, and representatives from various other elements of society.
 
For more information, please visit the official website:
https://www.japanprize.jp/en/index.html
 
Source: Japan Prize Foundation  

http://mrem.bernama.com/viewsm.php?idm=50194

SMART MODULAR ADD-IN CARDS ACHIEVE COMPLIANCE TESTING

KUALA LUMPUR, Jan 22 (Bernama) -- SMART Modular Technologies Inc (SMART), a Penguin Solutions Inc brand, announced its 4-DIMM and 8-DIMM Compute Express Link (CXL) memory Add-in Cards (AICs) have successfully passed CXL 2.0 compliance testing.

These products are now officially listed on the CXL Consortium's Integrators' List, marking a significant milestone in the company's commitment to delivering high-quality, interoperable memory solutions.

SMART Modular Technologies vice president of advanced product development, Andy Mills in a statement said achieving CXL compliance is a testament to the company team's hard work and dedication to innovation.

“Our 4-DIMM and 8-DIMM CXL memory Add-in Cards are designed to meet the evolving needs of our customers, and this recognition further validates our commitment to providing cutting-edge solutions with enhanced performance and reliability,” he said.

The inclusion of SMART Modular Technologies' products on the CXL Integrator's List underscores the company's dedication to adhering to industry standards and ensuring compatibility across a wide range of computing environments.

Developed by the CXL Consortium, the CXL Compliance Program provides members with opportunities to test the functionality and interoperability of their products as defined in the CXL specification.

This achievement not only highlights SMART Modular Technologies' technical expertise but also reinforces its role as a leader in advancing integrated memory technology.

As the demand for high-speed data processing continues to grow, SMART Modular Technologies remains at the forefront of delivering advanced memory solutions that help drive efficiency and performance in modern computing systems.

-- BERNAMA

TRUECALLER TO DELIVER REAL-TIME CALLER ID, SPAM BLOCKING ON IPHONE

KUALA LUMPUR, Jan 22 (Bernama) -- Truecaller, the global communications platform, has announced the biggest update for iPhone, now offering the entire spam and scam blocking capabilities to users.

According to a statement, it now has the ability to identify all types of calls, making it at par with its Android counterpart.

The update equips iPhones with the same powerful call identification features as its Android counterpart, thanks to Apple’s Live Caller ID Lookup framework, designed to provide privacy-preserving caller ID functionality using advanced homomorphic encryption. Truecaller is the first app to deploy this at scale for Caller ID.

Truecaller Chief Executive Officer, Rishit Jhunjhunwala expressed excitement about the update.

“We see tremendous potential and growth in our iPhone user base and parity with Truecaller’s Android experience has been top of their wishlist. This update does that and more while preserving privacy for all calling activity,” he said.

This update can leverage Truecaller’s latest artificial intelligence capabilities and global database to identify as many calls as possible, ensuring that no call goes unidentified on the iPhone operating system (iOS) as long as Truecaller has any information about it.

In addition, the latest update includes something that Truecaller iOS users have been requesting for a long time, which is automatic blocking of spam calls. Other improvements include the ability to search for previously identified calls, going as far back as 2,000 previous numbers in the Recents list in the phone app.

Truecaller on iPhone now includes the ability to subscribe for a Premium Family plan, whereby users can share all Truecaller Premium benefits with up to four additional people at a low monthly or annual price.

All the new features will be made available for Truecaller Premium users, while free users on iOS will continue to enjoy ad-supported number search and caller ID of Verified Businesses.

-- BERNAMA

BITGET PARTNERS WITH KAIA FOUNDATION TO FOSTER MINI-DAPP ECOSYSTEM ON LINE MESSENGER

VICTORIA, Seychelles, Jan 22 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce a strategic partnership with the Kaia DLT Foundation to accelerate the growth of the Kaia blockchain-powered Mini-Dapp ecosystem launched on LINE Messenger today. This collaboration will focus on identifying high-potential Mini-Dapps, offering comprehensive support in incubation, advisory, listing, and go-to-market strategies to drive their success.

Kaia blockchain, renowned for its innovative architecture and emphasis on simplicity, has positioned itself as a pioneer in Asia’s Web3 space. Its unique ability to seamlessly integrate with Web2 platforms like LINE Messenger has drawn significant attention. In 2024, Kaia achieved a milestone of over 2 million unique active wallets and 13 million total transactions, with more than 9,000 active contracts already deployed on its chain. This impressive growth reflects Kaia’s strong technical foundation and the scalability required to support a thriving decentralized ecosystem.

Gracy Chen, CEO of Bitget, expressed her enthusiasm for this partnership: “In 2024, our extensive collaboration with the TON ecosystem brought unprecedented new user flows into the Web3 industry, demonstrating the immense potential of bridging Web2 and Web3. We firmly believe that driving user adoption from Web2 will remain a pivotal focus in 2025. By partnering with Kaia Foundation, we aim to uncover and empower outstanding Mini-Dapps on LINE Messenger, driving innovation and adoption in this rapidly evolving space.”

Dr. Sam Seo, Chairman of the Kaia DLT Foundation, stated, “Bitget has consistently proven itself as a leader in empowering Web3 projects with its unparalleled expertise in global market reach. This collaboration with Bitget marks an exciting chapter for the Kaia ecosystem as we work together to identify and amplify the next generation of Mini Dapps. With Bitget's support, we’re confident that the Kaia blockchain will become a cornerstone of Web3 innovation.”

On the same day, the Kaia Foundation officially introduced the Dapp Portal, which initially had 30 Mini Dapps selected. All the Dapps are built on the Kaia blockchain and accessible directly from LINE Messenger, a trendy chatting app with over 200 million monthly active users globally. This initiative will empower Kaia to bring decentralized services to mainstream audiences.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 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 world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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 market, 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 Kaia

Kaia is a high performance public blockchain that brings Web3 to the fingertips of hundreds of millions across Asia. Formed through the merger of the Klaytn and Finschia blockchains that were initially developed by Kakao and LINE respectively, Kaia is Asia’s largest Web3 ecosystem integrated with the Kakaotalk and LINE messengers that have a combined user base of over 250 million - all of whom can experience Web3 with the ease and speed of Web2 within their favourite messenger superapp to connect, create, collaborate, and contribute to the ecosystem. Learn more at www.kaia.io.

About Kaia DLT Foundation

The Kaia DLT Foundation, based in Abu Dhabi, was established in 2024 to expand the ecosystem of Kaia, a global Layer 1 blockchain platform. We drive the adoption and development of new technologies to ensure that Kaia fulfills its role as an accessible, transparent, and sustainable blockchain platform for developers and users alike, and facilitate decision-making to ensure that the ecosystem continues to expand optimally in the rapidly changing blockchain landscape.

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/9d11cb0f-5394-4904-b1f7-b3564454fe22 


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.}

BITGET LAUNCHES HOLD-TO-EARN SERVICE, SUPPORTING USDE AND WEETH AS INITIAL TOKENS

VICTORIA, Seychelles, Jan 21 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is proud to introduce its innovative Hold-to-Earn service, Bitget HodlerYield, with USDE and weETH as the first supported tokens. This new service provides users with a seamless way to earn passive income by holding mainstream tokens, offering both base annual percentage returns (APRs) and the opportunity to receive additional rewards through special promotions, making the total APR over 20%.

Bitget HodlerYield is structured to cater to diverse user needs by supporting multiple holding methods, including spot holdings, collateral holdings under the unified margin mode, and sub-account participation. By holding eligible tokens such as weETH, a liquid restaking token issued by Ether.fi, or USDE, a synthetic dollar issued by Ethena, users can enjoy daily calculated rewards, which are automatically distributed to their accounts. The service dynamically adjusts APRs based on market conditions, ensuring fairness and transparency while maximizing user benefits.

“At Bitget, we strive to deliver smarter crypto investment solutions that help generate passive income for the masses. Contrary to the traditional Earn/Staking programs offered by centralized exchanges, Bitget users can now receive rewards directly just by holding the tokens regardless of the account in which the crypto holdings are stored. This has simplified the steps required for users to start earning yields on our platform, making it even more user-friendly as users no longer need to worry about liquidity and lock-up periods.” said Gracy Chen, CEO at Bitget.

“We've had a ton of customer demand for weETH as collateral and are excited to partner with Bitget to make that a reality! Bitget users who hold weETH will passively earn on their ETH while maintaining price exposure,” commented Mike Silagadze, founder and CEO of Ether.fi.

HodlerYield provides users with the flexibility to manage their holdings while earning consistent returns. Daily snapshots of user balances across accounts, including spot, contract, and strategy accounts, determine eligible rewards. A minimum holding value of 1 USDT in weETH or USDE is required, and rewards are distributed the following day based on the designated token's market price. The service ensures simplicity and ease of use, as users can maintain their holdings without additional manual actions to make subscriptions and claim rewards.

The launch of HodlerYield shows Bitget's dedication to providing a secure, user-centric platform. This service broadens the use cases for yield-bearing tokens and reflects the company’s long-term vision of empowering users with innovative tools for smarter investments.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 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 world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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 may fluctuate and experience price volatility. Only invest what you can afford to lose. The value of your investment may be impacted and it is possible that you may not achieve your financial goals or be able to recover your principal investment. You should always seek independent financial advice and consider your own financial experience and financial standing. Past performance is not a reliable measure of future performance. Bitget shall not be liable for any losses you may incur. Nothing here shall be construed as financial advice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b655c8b9-53b4-4605-bb9c-3477817a3bfc

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