Crypto Archives - Page 8 of 30

Crypto Oasis Ventures Opens New Venture Studio Office at DIFC Innovation Hub and Signs Memorandum of Understanding (MoU)

Crypto Oasis Ventures the inceptor of the fastest growing Blockchain ecosystem in the world, the Crypto Oasis, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre (DIFC), the leading financial hub in Dubai.

Under the terms of the MOU, Crypto Oasis Ventures will support the DIFC Innovation Hub with subject matter expertise for their ongoing and upcoming start-up accelerator programmes. The announcement coincides with Crypto Oasis Ventures official opening of its second office in the DIFC Innovation Hub for its Venture Studio. The move signifies Crypto Oasis Ventures’ commitment to expanding its presence in Dubai and further strengthens its position as a key player in the global Blockchain ecosystem.

“We are thrilled to partner with Dubai International Financial Centre (DIFC), a renowned financial hub known for its regulatory excellence and commitment to fostering innovation,” said Faisal Zaidi, Co-Founder and CMO of Crypto Oasis Ventures. “By establishing our office within the DIFC Innovation Hub, we aim to leverage The Centre’s vibrant ecosystem, collaborate with like-minded organisations, and explore new opportunities for growth.”

DIFC is a leading global international financial centre that plays a pivotal role in driving economic diversification and innovation in the region. As a strategic partner, DIFC will provide the Crypto Oasis Ventures ecosystem with access to a network of global investors, industry experts, and regulatory resources. This collaboration will facilitate the development of cutting-edge blockchain solutions, positioning Crypto Oasis Ventures at the forefront of the digital transformation in the financial sector.

Mohammad Alblooshi, Chief Executive Officer of DIFC Innovation Hub commented: “The DIFC Innovation hub has a long history of partnering with leading and visionary institutions to enable business growth for our start-up ecosystem. This partnership will bring immense value to start-ups participating in our various accelerator programmes this year who will be able to leverage on Crypto Oasis’s expertise to amplify their existing business models.”

“We are pleased to see Crypto Oasis expand their presence here in Dubai at the DIFC Innovation hub as they continue to innovate and drive growth in collaboration with our vibrant community of tech and innovation disruptors,” he added.

The strategic location of the Crypto Oasis Studio, at DIFC Gate Avenue, will enable Crypto Oasis Ventures to enhance its operations and strengthen its relationships with key stakeholders. By establishing a physical presence within DIFC Innovation Hub, the company aims to attract top talent, collaborate with industry leaders, and forge partnerships that drive Blockchain adoption globally.

About Crypto Oasis Ventures

Crypto Oasis Ventures is a leading Venture Builder with a strong focus on the Middle East and North Africa region. It has successfully established the Crypto Oasis Ecosystem, which has emerged as the world’s fastest-growing Blockchain Ecosystem. In the United Arab Emirates alone, the ecosystem has identified over 1,800 organizations and boasts a workforce of more than 8,650 individuals dedicated to the Blockchain industry. The ecosystem encompasses various stakeholders, including Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers, and Government Entities & Associations.

As one of the pioneers in the local venture-building landscape, Crypto Oasis Ventures benefits from a global network and maintains robust connections to the renowned Crypto Valley in Switzerland. Notably, it holds the distinction of being the first Web3 venture-building company based in the Dubai International Financial Centre (DIFC). The primary goal of Crypto Oasis Ventures is to nurture the ecosystem and expedite the growth of Web3-related organizations in the Middle East, North Africa and beyond.

Crypto Oasis Ventures has spearheaded several successful ventures, including Crypto Oasis Labs, Crypto Oasis Sentio, arte, Crypto Oasis Games Guild, Inacta Communications, and The Green Block. These ventures showcase the company’s commitment to innovation, collaboration, and sustainable development within the Web3 space. For more information, visit www.cryptooasis.ae.

About Dubai International Financial Centre

Dubai International Financial Centre (DIFC) is one of the world’s most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and an estimated GDP of USD 8 trillion.

With a close to 20-year track record of facilitating trade and investment flows across the MEASA region, the Centre connects these fast-growing markets with the economies of Asia, Europe and the Americas through Dubai.

DIFC is home to an internationally recognised, independent regulator and a proven judicial system with an English common law framework, as well as the region’s largest financial ecosystem of over 36,000 professionals working across over 4,300 active registered companies – making up the largest and most diverse pool of industry talent in the region.

The Centre’s vision is to drive the future of finance through cutting-edge technology, innovation, and partnerships. Today, it is the global future of finance and innovation hub offering one of the region’s most comprehensive FinTech and venture capital environments, including cost-effective licensing solutions, fit-for-purpose regulation, innovative accelerator programmes, and funding for growth-stage start-ups. Comprising a variety of world-renowned retail and dining venues, a dynamic art and culture scene, residential apartments, hotels and public spaces, DIFC continues to be one of Dubai’s most sought-after business and lifestyle destinations.

For further information, please visit our website: difc.ae, or follow us on LinkedIn and Twitter @DIFC.

For media enquiries, please contact:

Maria Fernandez
Marketing Manager, Crypto Oasis Ventures
Tel.: +971 056 385 3146
E-mail: maria@cryptooasis.ae

Omar Nasro
ASDA’A BCW | +9714 450 7600 | omar.nasro@bcw-global.com

Rasha Mezher
Dubai International Financial Centre Authority
Consultant, Marketing & Corporate Communications
+97143622451 | t-rasha.mezher@difc.ae

CIPHER-CORE, INC., Introduced in Bangladesh

Mr. Takatoshi Nakamura CEO, Pres. and Mr. Motoyuki Odachi, COO, Dir. of CIPHER-CORE, Inc., Colorado, USA publicly held company (OTC PINK:CFCI) visited Dhaka, capital of People’s Republic of Bangladesh 6/12/2023-6/17/2023 to discuss using CIPHER-CORE, Inc. internationally patented technology “complete cypher” for Central Bank Digital Currency (CBDC) with the officials of Bank of Bangladesh.

“Daily Business Eye” one of the most influential daily papers in Bangladesh reported 6/18/2023 that a two-member delegation of Japan’s company “Cipher-Core co. Ltd” 100% subsidiary of CIHER-CORE, Inc. USA is now visiting Bangladesh to meet with several officials including Bangladesh Bank (BB), Ministry of Finance and others.

During the discussions, many questions were related to the one and only technology related to “complete cypher” which is not using the ledger system in various financial fields but instead using “complete cypher” that protects even quantum computer attacks. They have made an offer to Bangladesh Bank to introduce the CBDC using their technology. The discussions shall be continued further when visiting Dhaka again 7/28/2023 – 8/01/2023.

During the visit, Mr. Nakamura and Mr. Odachi visited the Japanese Embassy in Bangladesh. Mr. Odachi reported to Ambassador Kiminori Iwama the purpose of their visit to Bangladesh. Mr. Iwama introduced Mr. Tomohide Ichiguchi, the Representative of the Bangladesh office of, Japan International Cooperation Agency (JAICA) to Mr. T. Nakamura and Mr. M. Odachi. JAICA is the agency in charge of administering Japan’s Official Development Aid (ODA).

Mr. Odachi, COO of the company, a former deputy minister of finance of Japan, wants to get JICA’s financial assistance to Bangladesh on this “complete cypher” project for CBDC for the costs being incurred during the development stage as technical cooperation is one of JICA’s three major areas of development assistance, the others being grants and yen loans.

Investor Relations:
Claire Singleton
Tel: 801-580-9928
Email: clairesingleton@aol.com
URL: http://www.cipher-core.com/en

Oku Launches Advanced On-Chain DEX Trading System

The Most Advanced DeFi Trading Platform, Powered by Uniswap V3

In a major leap forward for decentralized trading, GFX Labs has announced the launch of Oku. The innovative platform offers an intuitive yet robust interface for Uniswap v3, the leading decentralized exchange (DEX) protocol in the world of decentralized finance (DeFi).

Born from the need to improve the underwhelming trading interface of existing DEX protocols, GFX Labs was awarded a $1.6 million grant by the Uniswap Foundation to tackle this challenge and establish Oku. The platform addresses the needs of pro-retail traders by offering advanced features typically found in traditional exchanges such as Binance or Coinbase, including order books, price charts, depth charts, trading history, user order history, and more.

“After a year of growing mistrust in centralized institutions, Oku presents a compelling solution for traders combining the security and trust of the Uniswap Protocol with the speed and creature comforts of a centralized exchange. The Uniswap Foundation is proud of the work done by GFX Labs and is excited for crypto traders around the world to level up their DEX trading experience,” says Devin Walsh, the Executive Director at the Uniswap Foundation.

Oku is available on Ethereum, Polygon, Arbitrum, and Optimism, with more chains coming soon. Its interface supports all existing and new Uniswap v3 pools, and no token listing request is required, unlike traditional exchanges. The platform dramatically surpasses the industry standard, boasting a comprehensive and speedy analytics site that offers detailed pool, position, and token information. In addition, it brings the capability for limit orders that can be configured for any pool, reshaping the expectations for user accessibility and experience in the process.

The platform’s trader-oriented design allows users to switch between markets quickly and efficiently, track their historical activity, and view live trading. Users can place bids and offers at specific prices, and don’t need to be present for their fulfillment, a feature unique to Oku’s trading system.

“As the first robust trading infrastructure built upon the advanced Uniswap v3 protocol, Oku is poised to rival the industry’s leading centralized exchanges. Simultaneously, Oku sets itself apart with a user-friendly interface and intuitive design, making complex trading operations straightforward and visually appealing,” affirmed the Oku team.

About Oku
Experience the future of decentralized trading with Oku, a front-end built for the Uniswap v3 protocol and seeded by the Uniswap Foundation. Oku goes beyond the standard trading interface, offering professional-grade features like live order books, detailed price charts, advanced limit orders, and a customizable favorite markets list. Designed with an intuitive interface that caters to both novice and experienced traders, Oku seeks to fill the gap between Uniswap and traditional exchanges. Our commitment is to enhance the DeFi user experience and pioneer the next generation of trading, making the transition from centralized to decentralized platforms seamless and empowering. For more information, visit https://oku.trade.

Contact Information
Michael Herron
Head of Marketing
mherron@gfxlabs.io

Related Video
https://www.youtube.com/watch?v=6XPRsFScCvQ

GigaSpace Secures Investment from STEPN’s Creator Find Satoshi Lab & ProDigital Future Fund for Creating a Virtual City for Runners

GigaSpace, a new web3 community metaverse, is pleased to announce a significant milestone in its growth journey with a strategic investment from Find Satoshi Lab, the parent company of the popular web3 lifestyle app STEPN, and ProDigital Future Fund, a leading web3 venture capital fund at the forefront of web3 investments. This investment will serve as the cornerstone for the next strategic round, with a target of raising $3 million this year to accelerate GigaSpace’s expansion plans, including the creation of a STEPN virtual city for the fitness-loving community.

Find Satoshi Lab’s investment in GigaSpace is a testament to the shared vision of revolutionizing the web3 community experience through innovative ideas and forward-thinking solutions. With their deep expertise in the web3 space and their remarkable track record with STEPN, Find Satoshi Lab brings invaluable strategic guidance and resources to fuel GigaSpace’s growth and market presence.

“We’re thrilled to announce our strategic partnerships with Find Satoshi Lab and ProDigital Future Fund. With their invaluable resources and thriving community, we are excited to unlock new opportunities and provide exciting events and utilities for fitness enthusiasts within the GigaSpace ecosystem. Stay tuned for the incredible journey ahead!” says M, co-founder of GigaSpace.

GigaSpace is a shared metaverse with social and game elements that bring together web3 communities, providing a lively social environment for individuals to connect and interact. By empowering communities to build within the metaverse, GigaSpace encourages community engagement and facilitates the exploration of novel use cases for NFTs and tokens.

The funds from this strategic investment will fuel the development of STEPN City, a sports-themed virtual world that offers a wide range of facilities and spaces. Within STEPN City, users will find features like the STEPN Maze, STEPN Community Center, STEPN Mall, and STEPN Tower. These environments allow users to not only purchase merchandise but also organize community events and engage with each other in meaningful ways.

“We at Find Satoshi Lab are extremely excited about this opportunity to strategically invest in Gigaspace and grow alongside with the dedicated team that will be building a lot of event space for our ecosystem. This marks the potential unleash of all you can imagine about recreational activities and hang-outs in the “metaverse”. We are particularly thrilled for the synergy it can bring for MOOAR and STEPN via working with Gigaspace,” says Mable Jiang, Chief Revenue Officer of Find Satoshi Lab.

In collaboration with Find Satoshi Lab, Prodigital Future will spearhead the upcoming strategic investment round for GigaSpace, aiming to expedite the company’s expansion plans.

“We are delighted to be early believers in GigaSpace and are committed to supporting its future endeavors. Like STEPN, we recognize the team’s passion for gaming and their ability to leverage their expertise in the web3 space to create market-fit applications and experience rapid growth. Last year, while assisting STEPN in establishing its presence in Hong Kong, we had the opportunity to introduce the GigaSpace team to Find Satoshi Lab. Now, we are thrilled to join forces with Find Satoshi Lab in this investment venture. This is just the beginning of an exciting and promising future,” said Curt Shi, Founding Partner of ProDigital Future Fund and an early investor in STEPN.

About GigaSpace
GigaSpace is creating a collaborative and expansive metaverse that unites all web3 communities under a single celestial sky. By providing robust infrastructure and utilities, it empowers communities and projects to seamlessly integrate with its virtual world, saving time and resources while fostering innovation and exploration. For additional information, visit: https://www.gigaspace.io/

About Find Satoshi Lab
Founded in 2021, Find Satoshi Lab (FSL) is a gaming and development studio connecting players to Web3. FSL’s mission is to educate and introduce individuals to Web3, while encouraging healthy living, and combating climate change. FSL brands include STEPN, MOOAR, and DOOAR. For additional information on Find Satoshi Lab, visit: http://findsatoshilab.com/

About Prodigital Future Fund
ProDigital Future Fund is a Web3 venture fund led by Ben Ng, a venture partner at an Asian private equity firm called SAIF Partners, and Curt Shi, a long-time tech investor in Web3 space. ProDigital Future Fund’s investment strategy is to target early-stage and developing ventures, mostly Chinese-connected tech companies that are transitioning into emerging technologies such as Web3. For additional information on ProDigital Future Fund, visit: http://www.prodigitalfund.com/

Crypto Oasis Ventures and Roland Berger Officially Launch “The Green Block”

The Green Block, a groundbreaking initiative dedicated to fostering Environmental, Social, and Governance (ESG) projects in Web3, was officially launched yesterday at BEEAH Group headquarters in the United Arab Emirates. This global initiative, spearheaded by Crypto Oasis Ventures in collaboration with the management consultancy Roland Berger, marks a significant step towards creating a sustainable future by leveraging the power of Blockchain and AI technologies.

Highlights:
– The Green Block is a global Think Tank and Launchpad that aims to accelerate and promote the use of Web3 and AI technology for the improvement of the environment, social and governance related initiatives that improve the quality of life.
– It is initiated by Crypto Oasis Ventures in partnership with Roland Berger.
– The initiative will bring together projects and thought leaders that utilize technology for advancing sustainability related projects.
– BEEAH Group is the Think Tank’s first Patron with Khaled al Huraimel, Group CEO also joining The Green Block Advisory Council.

The primary objective of The Green Block is to establish an ecosystem that connects stakeholders from diverse sectors to develop and implement impactful Web3 solutions pertaining to corporate governance, environmental sustainability, and social responsibility. By leveraging the potential of Web3 and AI, The Green Block aims to address global challenges in line with the UAE’s COP28 agenda and the United Nations Sustainable Development Goals (SDGs).

Faisal Zaidi, Co-founder of Crypto Oasis Ventures, stated, “The launch of The Green Block represents the first milestone in our journey to create a sustainable future through Web3 initiatives in the Environmental, Social, and Governance (ESG) field. By connecting projects, providing and enabling infrastructure, and empowering talent, The Green Block will facilitate the development and implementation of sustainable Web3 solutions on a global scale. Aligning ourselves with the objectives of COP28 and the UAE, we aim to take this initiative global.”

As the inaugural patron of The Green Block, BEEAH assumes a vital role in propelling the mission of the initiative. As an international holding group and pioneer for sustainable, smart solutions for future ready cities, BEEAH understands the importance of fostering sustainability and aligning with the UAE’s agenda for COP28. Through their partnership with The Green Block, BEEAH underscores its dedication to environmental responsibility and social progress.

Khaled Al Huraimel, Group CEO of BEEAH Group, emphasized the significance of The Green Block’s launch, stating, “There is immense potential in Blockchain, AI and Web3 technologies and I am excited to see how the Green Block leverages these to revolutionize ESG projects. As one of the first adopters of blockchain technologies in Sharjah, BEEAH Group’s vision is built on the twin pillars of sustainability and digitalisation. As a patron of The Green Block, BEEAH Group looks forward to fostering innovation and engaging with stakeholders to achieve sustainability objectives using technology while overcoming global challenges.”

On the steering committee of The Green Block initiative, the representation from Roland Berger contributes to determining the strategic direction of the initiative. The committee makes key decisions that shape the initiative’s long-term plans and immediate goals, helping to ensure the continuity of its mission. Technology like Web3 and AI will contribute significantly to a path to sustainability – The Green Block Think Tank and Launchpad will accelerate this transition and connect the global thought leaders.

Pierre Samaties, Partner at Roland Berger Middle East and leading the Global Digital Assets, Web3 and Metaverse practice, expressed his enthusiasm for The Green Block’s potential impact, saying, “The launch of The Green Block initiative is the start of an important Think Tank and Launchpad for Web3 and AI technology that will support sustainability and quality of life. Many use cases of the technology are a perfect fit for advancing renewable power, boosting financial inclusion and incentivizing environmental improvements.”

To learn more, please visit www.thegreenblock.com

About The Green Block

The Green Block is a global Think Tank and Launchpad with the primary objective of accelerating and strengthening the use of Web3 and AI technology for the betterment of environmental, social, and governance initiatives, that ultimately enhance our quality of life. Spearheaded by Crypto Oasis Ventures, in collaboration with the management consultancy Roland Berger, this ground-breaking global initiative denotes a significant stride towards the creation of a sustainable future.

At its core, The Green Block will facilitate access to crucial resources including investors, grants, public funding, and tokenization. By doing so, it will empower projects to make substantial progress and attain goals, while establishing a robust infrastructure. It will connect projects with appropriate Blockchain protocols, while providing regulatory guidance, producing insightful reports, and organizing community networking opportunities accompanied by effective communication channels. Furthermore, The Green Block will serve as a catalyst for collaboration and knowledge exchange, while empowering talented individuals through thought leadership platforms like publications, interviews, podcasts, and round table discussions.

The Green Block aims to create an ecosystem that supports transformative projects and contributes to a sustainable and inclusive future.

About Crypto Oasis Ventures

Crypto Oasis Ventures is a leading Venture Builder with a strong focus on the Middle East and North Africa region. It has successfully established the Crypto Oasis Ecosystem, which has emerged as the world’s fastest growing Blockchain Ecosystem. In the United Arab Emirates alone, the ecosystem has identified over 1,800 organizations and boasts a workforce of more than 8,650 individuals dedicated to the Blockchain industry. The ecosystem encompasses various stakeholders, including Investors & Collectors, Start-Ups & Projects, Corporates, Science & Research Institutions, Service Providers, and Government Entities & Associations.

As one of the pioneers in the local venture building landscape, Crypto Oasis Ventures benefits from a global network and maintains robust connections to the renowned Crypto Valley in Switzerland. Notably, it holds the distinction of being the first Web3 venture building company based in the Dubai International Financial Centre (DIFC). The primary goal of Crypto Oasis Ventures is to nurture the ecosystem and expedite the growth of Web3-related organizations in the Middle East, North Africa and beyond.

About Roland Berger

Roland Berger is the only management consultancy of European heritage with a strong international footprint. As an independent firm, solely owned by our Partners, we operate 51 offices in all major markets. Our 3000 employees offer a unique combination of an analytical approach and an empathic attitude. Driven by our values of entrepreneurship, excellence and empathy, we at Roland Berger are convinced that the world needs a new sustainable paradigm that takes the entire value cycle into account. Working in cross-competence teams across all relevant industries and business functions, we provide the best expertise to meet the profound challenges of today and tomorrow. www.rolandberger.com.

Press contact:

Maria Fernandez
Marketing Manager, Crypto Oasis Ventures
Tel.: +971 056 385 3146
E-mail: maria@cryptooasis.ae

Silvia Constanze Zoesch
PR Global, Roland Berger
Tel.: +49 160 744-8750
E-mail: silvia.zoesch@rolandberger.com

Salma Halawa
PR Middle East, Roland Berger
Tel.: +971 056 385 3146
E-mail: salma.halawa@rolandberger.com

SourceLess and Top Industry Leaders to Chart the Future of Digitalization

SourceLess, a leading technology company, is set to participate in the highly anticipated Financial Intelligence event, where Alexandru Nichita, the Chief Operating Officer of SourceLess, will deliver a keynote speech on the digitalization of Romania. With a vast experience in the field of cybersecurity and a deep understanding of the entire technological spectrum, SourceLess aims to revolutionize the digital landscape of Romania and beyond.

“Education, Technology & Innovation” reflects the company’s commitment to leveraging technology to drive innovation and improve the quality of life. SourceLess positions itself as a technology company first and foremost, with a focus on innovation. At the helm of the organization is Alexandru Stratulat, the founder and architect of the entire ecosystem.

SourceLess and Industry Leaders to Chart the Future of Digitalization Alexandru Nichita, the Chief Operating Officer of SourceLess

One of the groundbreaking technologies SourceLess presents is Blockchain, but not just any blockchain. SourceLess introduces a new and unparalleled approach to Blockchain technology, emphasizing simplicity, transparency, speed, and instantaneity. The ecosystem created by SourceLess is complete and complex, offering a feeless environment where users can remain anonymous while still being accountable.

SourceLess emphasizes that blockchain should be seen as a service and a utility that takes precedence over quick financial gains. In a market flooded with speculative practices, it is crucial to differentiate between the Capital Market and the Cryptocurrency Market, with the only real difference being the presence of regulations. SourceLess recognizes the need for a healthy ecosystem built on real utility, catering to the ever-growing adoption of this emerging market.

SourceLess has already achieved remarkable milestones in its journey towards revolutionizing the digital world. Since December of last year, SourceLess has been running its patented technology in the alpha version, writing a block of information in an astonishing 8 to 10 seconds compared to the 12 seconds of a well-known blockchain version 2.0. In just two months, with the installation of only 103 SourceLess validator nodes, the same amount of information is now written in less than a second. This achievement solidifies SourceLess as the fastest blockchain in the world, redefines the term “Transactions Per Second” to “Transactions Per Millisecond,” and demonstrates infinite scalability.

SourceLess’s ecosystem comprises several components. From a technical perspective, it begins with a blockchain built from scratch with over 32,000 files for encryption. A new programming language called ARES facilitates interaction with this blockchain, while DLT (Distributed Ledger Technology) enables almost instant data transmission. Zero Knowledge serves as the validation level, and Str.domains act as unique identifiers. Together, these components enable SourceLess to offer a feeless ecosystem.

Ownership in this ecosystem is lifelong, ensuring that the rules of the game cannot be changed midway. It provides a new world, a native web3, which is poised to solve the issues prevalent in the current web2.

Contact Information
Iulian Bondari
Head of Marketing
iulian@sourceless.io
+40736595004

GMEX ZERO13 and Zumo collaborate on new carbon credit offering for banks and corporates

ZERO13, a GMEX Group initiative providing a digital climate fintech aggregation ecosystem, and Zumo, the B2B digital assets infrastructure, announce a collaborative solution targeted at banks and their corporate and institutional clients who are looking to account for the carbon footprint of their digital assets and any aspect of their value chain.

The integrated solution will seek to enable Zumo to leverage GMEX ZERO13’s hub connectivity to digital carbon registries, trade execution venue capability and its decentralised asset settlement network to source validated, high-quality, tokenised carbon credits. The solution will also provide customers with a flexible and transparent way to account for their carbon footprint through the procurement and custody of tokenised carbon credits, with ease of trading, clearing and settlement.

Zumo’s established position as an FCA-registered UK entity will enable GMEX ZERO13 to harness Zumo’s capabilities to onboard new banks, corporates and other institutions to its trading platform. This will support clients in their efforts to execute ESG Strategies with the help of blockchain technology.

Hirander Misra, CEO of GMEX Group and ZERO13, commented, “We are delighted to be able to unite the twin pillars of tokenisation and voluntary carbon markets with Zumo. Tokenised assets will represent some 10% of global GDP by 2030, while the global market for voluntary carbon credits is also forecast to increase exponentially in the coming decade. By leveraging the integrated tools from Zumo and distribution capabilities available through the ZERO13 platform, we can together deliver a transparent and trusted way for organisations to effectively trade, clear and settle their carbon credit purchases in a manner publicly verifiable by stakeholders.”

Nick Jones, CEO of Zumo added: “This collaboration supports our ambition to be the one-stop shop for tokenised ESG assets and follows the recent launch of Oxygen, our B2B solution that quantifies electricity-based Scope 3 emissions associated with digital asset holdings with blockchain-verified Renewable Energy Certificates. Blockchain is emerging as a ‘digital enabler’ in tackling climate change and supporting the energy transition to a more sustainable infrastructure. Tokenising carbon credits and being able to accurately measure carbon footprint is a great example of the regenerative finance (ReFi) movement.”

Key to the collaboration will be enabling Zumo’s customers to operate their own and/or access trading platforms and associated liquidity pools for high-quality carbon credit assets and other instruments, and to provide end-to-end efficiency through the transaction lifecycle from onboarding (KYC/AML) to settlement. Through the GMEX ZERO13 Hub and ZERO13 Chain (Pyctor), banks and their customers can connect seamlessly with each other and with third-party registries, exchanges, and other counterparties to issue, trade, clear and settle tokenised carbon credits.

About GMEX Group Limited

GMEX Group (GMEX) offers sustainable digital solutions for the new age of global markets. The firm is a leading global provider of multi-asset exchange trading and post-trade software/software as-a-Service (SaaS) market infrastructure solutions and ‘network of networks’ digital platform services. GMEX addresses end-to-end regulatory and contract environment needs for issuance, trading, clearing and settlement across exchanges and across multiple asset classes including traditional, digital and hybrid assets, as well as digital carbon credits and ESG real-world assets.

It is the Winner of:
– ‘Best Development in Fintech of the Year’ – 2022
– ‘Best Global Hybrid Finance FinTech Company’ – 2022
– ‘Best Solution for Trading Digital Assets’ – 2023
– ‘Most Influential Financial Technology Firms of 2023’ – 2023

For further information on GMEX, please visit https://www.gmex-group.com/.

About ZERO13

ZERO13, a venture by GMEX, is an automated AI and blockchain-driven international carbon exchange, registry and aggregation hub ecosystem. The ZERO13 Hub provides a Platform-as-a-service, which offers a distributed point of entry for digital issuance, trading and settlement of carbon credits and real-world assets such as ESG securities. ZERO13 Hub connects multiple international carbon exchanges, registries, custodians and ESG project owners globally for supply verification, transparent pricing and real-time settlement using APIs and across blockchains enabled by ZERO13 Chain (‘Pyctor’).

For further information on ZERO13, please visit www.zero13.net/.

About Zumo

Zumo believes everyone should have access to sustainable finance, and that blockchain has the power to deliver this globally. Its mission is to provide a better planet for digital assets, delivering sustainable, accessible and secure ways to unlock the benefits of web3.

As an enterprise-focused digital-asset-as-a-service platform, Zumo’s turnkey, API-based infrastructure offers a fast, flexible and compliance-sensitive route to market, empowering fintechs, banks, asset managers and brands to offer their clients the tools of the future simply, securely and sustainably while also opening up new revenue streams, attracting new customers and supporting customer retention.

A values-driven business, Zumo has underlined its commitment to a fairer society and a sustainable planet with an ambitious 2030 net zero strategy encompassing its own business; the blockchains it works with; and the wider digital asset ecosystem. Carbon-neutral since inception, the business is committed to ongoing collaboration in the decarbonisation of the digital assets industry. Zumo was an early signatory of the Crypto Climate Accord, the first digital asset business to receive UK government funding from the UK’s national innovation agency, Innovate UK, to further its applied work on the decarbonisation of digital assets, and is now a key contributor to industry guidance on the energy consumption of blockchain, working in tandem with the World Economic Forum and the GBBC Digital Finance.

More information at: zumo.tech

MEDIA CONTACTS

GMEX Group and ZERO13
Alice Ellman-Brown
The Realization Group
Tel: +44 (0)7365 224 804
alice.ellman-brown@therealizationgroup.com
pr@gmex-group.com

Zumo
Amelie Arras
Zumo
amelie@zumo.tech

BREATHE! Convention Charts New Territory with World’s Largest Communal NFT

BREATHE! Convention, a leading event in the emerging tech space, proudly announces a groundbreaking endeavor to set a new Guinness World Record with the creation of the World’s Largest Communal NFT, during its upcoming convention in Las Vegas from September 13 to 15, 2023.

At the heart of this year’s convention is a monumental collaborative art project spearheaded by tech industry veteran and creative thinker, Aaron Vick. Known for his innovative digital art pieces, Aaron Vick will facilitate the creation of an 18-foot by 30-foot art piece that will serve as a symbolic testament to the spirit of Web3 and the community. Convention attendees will contribute to this massive piece, adding their signatures, doodles, or drawings during the event.

“As we merge art, technology, and community to create the world’s largest communal NFT, we’re tapping into the collective creativity of the Web3 community,” said Aaron Vick. “The anticipation to witness the contributions of each attendee to this groundbreaking project gives me FOMO, & I’m going to be there!”

Celebrated New England photographer Lauren McDonagh-Pereira is set to capture the high-resolution images of the completed art piece, which will then undergo rendering as a single art piece for minting on the Tezos Blockchain. This procedure produces a unique and historic NFT, destined for airdrop to the contributing attendees after minting, cementing their involvement in this monumental event.

“BREATHE! Convention is spearheading the creation of the world’s largest communal NFT, an embodiment of the future,” said Shawn Willis, our CEO and Founder. “This unique venture stands as a testament to the power of Web3 ethos, harnessing the strength of the community.”

Notable events recently on the Tezos Blockchain include the artist Refik Anadol’s 3D installation displayed at the MOMA in NYC, which provided viewers a commemorative NFT.

BREATHE! Convention continues to build itself as the premier platform for innovators, artists, and leaders in the emerging tech space. This year’s convention is committed to showcasing an exciting, historic event that will inspire, educate, and empower attendees.

For more information about BREATHE! Convention, the World’s Biggest Communal NFT, and how to attend, please visit www.breatheconvention.com.

About BREATHE!

Taking place on September 13-15, 2023 at The Expo at World Market Center Las Vegas, BREATHE! Convention is renowned for fostering mass adoption and educational opportunities in industries that include Web3, AI, Blockchain, Metaverse, AR/VR, NFT technology, and more. The convention is backed by a strong community of investors, founders, developers, and educators who are committed to empower attendees and participants to learn, apply, and thrive in the rapidly changing tech landscape.

Visit www.breatheconvention.com to secure your ticket to attend and inquire for exhibiting and sponsoring opportunities. BREATHE! is active on social media, providing the latest news and updates to the event.

About Aaron Vick

Aaron Vick is a pioneering artist and creative thinker known for his innovative digital art pieces. With a fearless and irreverent approach, Aaron challenges traditional norms and pushes the boundaries of artistic expression. His work reflects a unique blend of artistry, philosophy, and dark humor, inviting viewers to question their beliefs and explore new frontiers.

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Insurtech Start-Up Breach Launches Carrier, Raises Investment Round Led by RW3 and LightShed Ventures

Breach, an insurtech start-up that is building insurance technology and products for the growing cryptocurrency market, has been approved by the Bermuda Monetary Authority (BMA) to launch a new class IIGB insurer. Breach was created with a mission to make crypto safer by creating net new insurance capacity and innovative insurance products. Today’s announcement is a foundational block in Breach’s missions to build a healthier ecosystem for all stakeholders.

The new carrier will allow Breach to underwrite emerging crypto risks as a primary insurer, with a key focus on the development of bespoke embedded products tailor made for crypto native technologies. There is a significant underwriting and actuarial gap for custom insurance solutions that the company is solving for with its expanded offering. The new offerings will be available through Breach’s proprietary insurtech platform via simple APIs that can help partners embed regulated insurance into their technology in a few weeks instead of several months.

The IIGB license is a special innovation class license designed for underwriting crypto risks. With the full-stack carrier, Breach has obtained regulatory authority to operate natively in both crypto and fiat with the ability to denominate policies, receive payments, and pay claims all in crypto. These capabilities are unique as only a handful of insurers currently have the license and also important to the crypto space as risks can now be underwritten natively in the same asset.

In support of Breach’s expansion as a global insurer, the company also raised a fresh round of funding led by RW3 and LightShed Ventures, with participation from Raptor, Foundation Capital, Road Capital, Republic Capital, and Alumni Ventures. The capital raised will be used to launch the new Bermuda insurance carrier and to continue growing its countrywide licensed MGA in the US. Breach is also expanding its proprietary insurtech platform for use with upcoming commercial-grade products.

Joe Bruzzesi, General Partner at RW3 and ex-BitGo head of Americas, was the deal lead for RW3 in the round. “As an investor and entrepreneur with more than six years of experience in the crypto industry, I have observed a growing demand for insurance. In my past role, where I helped develop one of the leading crypto custodians, I saw firsthand the imbalance between the supply and demand for insurance. I am confident that the Breach team has the necessary combination of experience and innovation to address one of the industry’s most significant challenges, and I am thrilled to support their mission,” said Joe Bruzzesi.

“The crypto industry has been grappling with rising regulatory scrutiny while looking for ways to gain credibility with both investors and the public. We view insurance as one of the first steps in professionalizing and safeguarding the industry, and we believe the Breach team has the experience, approach, and timing to the market to bring effective coverage to both individuals and businesses,” said LightShed Ventures General Partner/Co-Founder, Jamie Seltzer.

Breach is an insurtech with an exclusive focus on crypto risks. Although unregulated decentralized insurance protocols have gained popularity in the crypto space, Breach has instead placed an emphasis on developing creative and regulated insurance solutions by utilizing their deep crypto and insurance industry expertise.

Breach CEO, Eyhab Aejaz, said in a statement: “The launch of our insurance carrier is a major milestone not only for Breach, but also the crypto industry. With the capability to iterate on products, pricing, and the delivery of our products, we aim to unlock significant potential that the crypto market has been held back from.

I am ecstatic to have tier-one investors join our cap table as they have immediately jumped in and rolled up their sleeves to support us in our mission to bring scalable, regulated insurance to the crypto industry. Over the last two years we have continued to build on our underwriting capabilities and have drastically expanded our proprietary, best-in-class crypto hack event database, which will help us further refine pricing and further develop our modeling.”

For more information on Breach and its industry-leading services, visit https://breachinsured.com.

Contact Information:
JJ Nelson
Public Relations Lead
jnelson@interknow.com
3106258816

StrikeX Technologies Ltd. Welcomes Laurence Booth and Simon Campbell to the Board of Directors

StrikeX Technologies Ltd. welcomes Laurence Booth and Simon Campbell from CMC Markets PLC to their board of directors. Laurence’s and Simon’s vast experience and expertise will be instrumental to StrikeX as the company continues to grow.

Board of Directors appointments at StrikeX

Laurence Booth
Laurence Booth has more than two decades of experience managing, growing, and evolving core execution services across multiple asset classes in multiple geographies working for the world’s leading investment banks. Prior to joining CMC to lead their transition from CFD provider to the full suite of execution services, Mr. Booth held senior leadership roles with Morgan Stanley, Citigroup, Nomura & Nikko Europe.

Simon Campbell
Simon is Group Head of Trading at CMC Markets. He has been with the company for over 17 years and has held a variety of senior roles, including Head of Quantitative Analysis and Head of Quantitative Pricing. In his current role, Simon is responsible for the overall management of the Quantitative Strategies department, covering trading strategy, risk management, and front office development. He is also a member of the company’s executive leadership team and is a CFA Charterholder. Simon has a strong background in quantitative finance and has a deep understanding of financial markets.

About StrikeX
StrikeX Technologies Ltd is a leading provider of blockchain solutions, specialising in blockchain technology, DeFi, and tokenised assets. The company is dedicated to bridging the gap between traditional finance and Web3, empowering organisations to embrace the transformative power of blockchain. Learn more on https://strikex.com

About CMC Markets
CMC Markets Plc, whose shares are listed on the London Stock Exchange under the ticker CMCX, was established in 1989 and is now one of the world’s leading online financial trading businesses. The Group serves retail and institutional clients through regulated offices and branches in 12 countries and offers an award-winning, online, and mobile trading platform, enabling clients to trade up to 10,000 financial instruments across shares, indices, foreign currencies, commodities, and treasuries.

Contact Information
Joe Jowett
CEO & Co-Founder
press@strikex.com