Category: Technology

Online Brokerage Tiger Brokers Kicks off Green Sustainability Efforts Through WWF-SINGAPORE Partnership

Tiger Brokers (Singapore) Pte. Ltd. (Tiger Brokers Singapore) today announced a partnership with World Wide Fund for Nature Singapore (WWF-Singapore) to promote green sustainability efforts in Singapore. Tiger Brokers, as the lead sponsor with WWF-Singapore, will be launching the first AR-mazing Tiger Trail at Gardens by the Bay on 26 February, to kickstart the company’s sustainability agenda in 2022.

WWF-Singapore’s AR-mazing Tiger Trail will feature a 3-part island-wide trail that focuses on tiger conservation and other key environmental causes impacting the planet today, using art as a vehicle to educate, spark discussion and action. Today, there are approximately 3,900 tigers left in the wild. According to WWF-Singapore, the overall tiger populations are declining and many are still at risk. In some areas of Southeast Asia such as Cambodia, Lao PDR and Vietnam within the last 25 years, tigers have completely disappeared.

Eng Thiam Choon, Chief Executive Officer, Tiger Brokers (Singapore), shared “Together with WWF-Singapore, we aim to raise global awareness of the importance of tiger conservation efforts globally and across Asia. Celebrating Tiger Brokers’ 8th anniversary this year, the year of the tiger and this initiative relates well with our brand identity and Tiger Mascot. More importantly, it kickstarts our journey as a force for good for the environment, society, and community at large.

As an innovative FinTech company, there is more we can do beyond just finance. Being one of the leading online brokerage companies, our focus lies in creating a better shared future for everyone. Since our inception seven years ago, we have been actively seeking ways to support people’s global investing strategies through cutting-edge technologies. Similarly, our collaboration with WWF-Singapore leverages technology to raise awareness and engagement on the importance of maintaining biodiversity and a balanced ecosystem.

We hope that the WWF-Singapore’s AR-mazing Tiger Trail campaign, featuring exceptional art pieces, will inspire individuals to do the right thing and raise awareness to protect our ecosystem. Together, we can do more to reverse the decline of wildlife than we can alone. Let’s immerse ourselves in the fascinating art world and empower more people to get involved in WWF-Singapore’s conservation work.”

“WWF-Singapore is thankful for the support from our esteemed partners such as Tiger Brokers, who have made the WWF-Singapore’s AR-mazing Tiger Trail possible. We hope that individuals and businesses will learn from this artistic trail and be inspired to play a more active role in tackling the climate crisis and protecting our natural biodiversity,” said Mr. R. Raghunathan, CEO of WWF-Singapore.

Putting on a Green Lens
Sustainability will continue to be a key agenda in Tiger Broker’s long-term strategy. As a first step, Tiger Brokers Singapore, in line with MAS’ Green FinTech agenda, will be applying a “Green Lens” on all its business operations.

Since its inception in 2014, the company has been focusing on reducing its carbon footprint and actively promoting green and sustainable development by using artificial intelligence to develop its internet platform and online financial applications, going paperless and using energy-saving infrastructure.

This has a significant impact given that Tiger Brokers as of the end of third quarter of 2021 has over 1.767 million account opening customers worldwide and over 612,000 deposit clients worldwide, all of which are conducted in a paperless way, eliminating the need for users to go to prepare physical documents and reducing carbon emissions because of not having to visit a physical office.

At the group level, Tiger Brokers will be expanding its Environmental, Social and Corporate Governance (ESG) research team, combining its own technology and business advantages around ESG, the company hopes to use its own strength to help support sustainable issues such as carbon neutrality transition.

Promoting Green Investment for the Future
Amidst growing awareness of ESG and understanding of the role investors play in supporting a shift towards sustainable development, Tiger Brokers aims to empower them to go beyond managing the ESG risks in their portfolios, to also create positive and measurable environmental impact from their investment activities.

Today, retail investors can easily access and invest in over 60 sustainable funds that are on Tiger Broker Singapore’s platform. This includes widely traded funds such as United Smart Sustainable Singapore Bond Fund and Fidelity Sustainable Asia Equity Fund. The company also aims to increase the number of sustainable funds substantially by 2022 by working closely with its partners.

“Retail investors have increasingly been wanting to do their part for planet earth and make a positive difference by investing in companies with higher Environmental, Social and Governance (ESG) ratings and business practices,” said Mr Eng.

Recent studies have shown that young investors (millennials and Gen X) are more likely to consider social responsibility alongside their other investment strategies. In a research conducted on ESG and Socially Responsible Investing (SRI), the majority of the financial advisors (69%) surveyed felt that SRI will play a larger role in their practices.

According to financial data provider Morningstar, investors globally poured $142.5 billion into sustainable funds in the fourth quarter of last year, 12 per cent up on the previous quarter. ESG assets may hit $53 trillion by 2025, a third of global AUM based on estimation from Bloomberg.

Tiger Brokers continues to support equity financing and serve the real economy. The company continues to support the development of green companies and help green companies raise funds and go public. In 2021, Tiger Brokers served as the underwriter for ATRenew Inc. and helped it get listed on the New York Stock Exchange. ATRenew Inc. became the “first ESG stock” in China, and its integrated low-carbon circular economy platform has been welcomed by many users in China.

“We are seeing a growing interest among investors investing in sustainable funds. Tiger Brokers Singapore will continue to evolve to become more lifestyle-centric, appealing to the young investors, and aligning with their interest in social responsibility and sustainability investing,” added Mr Eng.

The Tiger Trade mobile application is available for download on the Apple App Store and Google Play Store.

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: tiger@preciouscomms.com

This advertisement has not been reviewed by the Monetary Authority of Singapore.
Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

About Tiger Brokers (Singapore)
Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

Explore with Xplr Me

Xplr Me (Explore Me) is a digital platform that connects students to tutors, life coaches, and mentors from anywhere in the world, while they are sitting in the comfort of their living room! Pick up a new hobby, learn a new skill, or just plain understand themselves better with the assortment of classes and courses on offer!

Xplr Me goes beyond academics, and is for all age groups and life stages, putting students in touch with educators and coaches from all around the world, who will guide them to success. With life coaches teaching students how to set goals and meet them, to career coaches who will help nail the perfect resume, Xplr Me is not an average enrichment site! Be constantly enriched with continuous guidance and mentorship that will set students up for success!

THE BIRTH OF XPLR ME

Founded by founder Nirali Mehta in 2021, Xplr Me was born from the frustration of having to find teachers and mentors for herself and her two kids. Traditional classes and teachers were bound by distance and location, and by logistics, especially with the limitations brought by the global pandemic. There was always that feeling of compromise between the best teacher and mentor, and what was on offer and convenient.

Xplr Me completely eradicated this pain point by bringing educational providers and professionals together on to one platform from across the globe. Now, with Xplr Me, anyone on the hunt for classes, mentorship or guidance can visit the website, find a course that best fits their needs, at a time slot that is convenient to them. Imagine, learning a whole new language from a native speaker to the basics of photography with a professional photographer.

Nirali, Founder of Xplr Me says, “Learning has always been a passion of mine and it has always been a source of frustration when I am unable to sign up for the classes I want. When I became a mom to two kids, I also began to juggle their schedules with mine, and in finding classes that balanced their learning, between academics and life skills. This experience really opened my eyes to how it’s really difficult to find the right person to teach you what you need to learn at your convenience. That was the starting point for Xplr Me. After all, learning should be part of our life’s journey, but struggling to learn need not be.”

EXPLORE WITH EASE

Xplr Me features a wide variety of classes from academics to alternative healing, mentorship, counseling, photography, and anything else under the sun. Enthusiasts could pick from an Ayurveda course one day to a Crochet class the next.

With the classes happening completely online, students and teachers don’t even have to be in the same country! This gives students the opportunity to learn from people all around the world, and not have to settle with what is closest to them.

On the tech front, Xplr Me uses virtual tools integrated within the platform, and a custom-built calendar and appointment function to empower students to pick and choose timings, class options and tutors. Students can also pick from pre-recorded sessions to live private one-on-one classes, and group classes.

Nirali adds, “The emphasis on non-academic topics was a very mindful one. Life and social skills are just as important, and I wanted to offer that to enhance learning. Furthermore, for adults, especially, it is so difficult to pick up a new hobby with either the stressors of time, work or family coming into play. Xplr Me removes all that so adults can explore and get excited about learning new things, or picking up old hobbies again! Because Xplr Me is so flexible, there really is a whole world to explore and it all starts on Xplr Me!”

Nirali’s goal for Xplr Me is to be a platform that will empower not only students but everyone to be able to come home and learn a new hobby, a new experience or a new learning opportunity without feeling constrained by geographical locations.

About Xplr Me

Founded by Nirali X in Nov 2021, Xplr Me (Explore Me) is an unconventional online learning platform that brings a diverse range of academic and non-academic courses to anyone in the comfort of their own homes. Xplr Me goes beyond academics and is for all age groups and life stages, putting students in touch with educators and coaches from all around the world. With courses from life coaches, guitar players, tour guides, and counselors, Xplr Me is not an average enrichment site.

For more information, please contact:
Danielle Chow +65 9727 7766 danielle@madhat.asia
Krisha Ramos +65 9181 8408 krisha@madhat.asia

NexBloc Announces Buy Credits Get Tokens Program for the NexBloc Utility Token

NexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform. By purchasing Credits for use on NexBloc, buyers will get rewarded with the NexBloc Utility Token. The Credits will never expire, and as additional products and services get added to the platform, it will encourage faster usage of Web 3.0.

The NexBloc Utility Token, anticipated to be named $NEXB, will be used for numerous benefits to holders including:
– staking for discounts off domain purchases and services
– farming for yield
– access to gated content such as NFT Avatars and partner offerings
– direct purchases with the burning of those tokens
– governance for managing the token by the DAO

The tokens will be listed on exchanges by mid-Spring 2022 so that owners can accumulate amounts they can use for the above benefits. Governance will be enabled by creating a DAO (decentralized autonomous organization) structure to be established by the end of 2022. The DAO will take over token economics through a process that staking owners specify. It will also provide project approvals for community-sponsored ideas that improve the use of the decentralized web. A portion of NexBloc revenue will be escrowed to fund the projects approved by the DAO.

Dana Farbo, Founder of NexBloc, stated that “NexBloc solves the needs of Web 3.0 infrastructure with a blockchain DNS. Our focus on building community and a strong business will position us to win in the bDNS space. Other participants have one or the other but not both.”

It is estimated that blockchain DNS will follow a similar path for tools and resources that the centralized DNS space took. bDNS and services annually open a total addressable market (TAM) of close to USD 200 billion over the next decade. NexBloc will vie for a sizable market share by bringing new products and services to its user base. Furthermore, with the use of Credits and through the staking value of tokens, community members and customers will see significant benefits for using NexBloc to build new products for the future of the internet.

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc has created proprietary technology stacks to custom deploy bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to build the most scalable, omnichain interoperable platform for deploying bDNS.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

Arkon Energy Sets New Australian Pre-seed Funding Record

Bitcoin mining startup Arkon Energy has raised an AUD$2.6M pre-seed round, setting a new Australian record, just one month after the record was set by one-click checkout startup “Instant” at AUD$2.2M.

The company will use the funds to rapidly scale its capabilities and deploy more bitcoin mining operations through a two year, 44 megawatt (MW) renewable energy project pipeline.

Utilising low-cost renewable energy and immersion cooling, Arkon Energy has built this 44MW future pipeline across four project partnerships to be deployed over 18-24 months. Arkon intends to scale its operations at a similar pace to its much larger Australian competitors, Mawson Infrastructure and Iris Energy.

The record-breaking round was led by blockchain investment firm Kestrel0x1. It also attracted a number of strategic investors, including leading provider of trade services and renewable energy products, Linked Group Services, and a suite of other angel investors.

The company was co-founded by Sydney-based Joshua Payne and Gold Coast-based Nathan Townsend. Payne is the COO and co-founder of NYSE-listed special purpose acquisition company, Battery Future Acquisition Corp, which raised USD$345M at an IPO in December. Mr Townsend is a former partner at boutique project finance advisory firm PT Capital.

The pitch

Payne and Townsend’s pitch to renewable power generation asset companies is to utilise low-cost, renewable energy (that often runs on a cost-negative basis during the day and is only profitable during peak grid pricing), to mine Bitcoin. This would result in five-fold greater profit margins, 24-hours a day, every day of the year.

“Due to the grid oversupply issues causing the cost of power to run negative during the day, renewable energy generation asset owners must consider alternative sources of electricity monetisation to remain profitable and competitive,” says Payne.

“Most large renewable companies are already exploring the use of battery storage to store energy and deliver it to the grid on-peak for additional profit. But this only provides a small window of opportunity during the day to benefit from high power prices.”

“There are benefits we provide for our clients are built on two fundamentals. The first is that fundamentally, Bitcoin is money,” explains Payne.

“The second is that the processes of converting energy to battery storage and converting energy to bitcoin, are essentially the same.

“The advantage of mining Bitcoin is that you are storing energy in money, which can either be immediately converted back to Australian Dollars at a five-times greater profit margin or held for long-term price appreciation.”

The outlook for Arkon Energy appears to be all upside, with competitors Mawson Infrastructure and Iris Energy both going public on the Nasdaq in Q3 and Q4 last year with enterprise valuations of USD $800M and USD $1.5B respectively.

With new cash reserves, Arkon Energy aims to achieve similar results within 24-months.

About Arkon Energy

Arkon Energy is a bitcoin mining startup founded by Sydney-based Joshua Payne and Gold Coast-based Nathan Townsend.

Web: ArkonEnergy.com
Contact: info@arkonenergy.com
Location: Sydney, Australia

SOURCE: Arkon Energy

Cryptured.com: All about Crypto & Blockchain

Introducing Cryptured.com, a platform dedicated to familiarizing the general public with crypto and blockchain technology. Cryptured.com is a news and information site for crypto and blockchain with the objective to help the general public understand and successfully use these technologies.

Cryptocurrencies are forms of online payments used for purchasing goods and services. Moreover, the technology that navigates a cryptocurrency is known as a blockchain. It is a decentralizing technology that has its roots spread across numerous computers that manage and record transactions. In laymen’s terms, a blockchain is a distributed database powering cryptocurrencies.

Cryptured.com gives its users access to different blogs about various aspects of crypto and blockchain, educating the individual on everything about the field. Apart from that, the website has forums for crypto and blockchain, where the users can help each other out and share their views.

The platform also provides detailed market analysis, allowing its users to make a well-informed decision before investing. The website features details and prices of various cryptocurrencies as well, and offers trading solutions, making it a one-stop destination for all things crypto.

Cryptured.com has created a safe space for all crypto lovers, where they can share their views, write blogs, and even get their press releases featured. It is more than just a website. It is a community helping its users understand the basics of crypto and blockchain technology, preparing them for the digital currency revolution ahead.

When it comes to Cryptured.com, your level of proficiency in the crypto field does not matter. If you are in the beginning stages, you can learn. If you are a pro, you can help others learn. So, if you found this read interesting, visit the website: www.cryptured.com, and have a wholesome experience of all things crypto.

Follow us on Social Media:
Facebook: https://www.facebook.com/cryptured
LinkedIn: https://www.linkedin.com/company/cryptured/
Twitter: https://twitter.com/cryptured
Pinterest: https://www.pinterest.ph/cryptured/
Visit us at https://www.cryptured.com, or Email: info@cryptured.com

OKLink launches Chainhub 2.0, providing brand new world-class crypto market intelligence services

OKLink, the leading blockchain big-data company from China, launches Chainhub 2.0, a crypto financial intelligence platform, to provide upgraded crypto market intelligence services for institutional and individual investors.

As one of the world’s earliest adopters of crypto, OKLink holds that conventional valuation metrics is far from sufficient for analyzing crypto markets. The crypto boom comes with a wealth of open, incorruptible blockchain data that enable people to access objective, precise and trustworthy measures of crypto market activity. By unlocking on-chain data, Chainhub is reshaping the way people measure market activities.

By providing over 10000 crypto market metrics and 7 thematic data including Hot Contract, DeFi, GameFi, NFT, Chainhub is providing comprehensive, precise and fast crypto market intelligence services for more than 5 million global crypto investors and is particularly popular among Chinese crypto investors.

The newly launched Chainhub 2.0 optimized the underlying blockchain technology framework and achieved 4 major innovations:

  • Workbench: The new Workbench function brings a completely new user experience upgrade from read-only to read-write. Users could create their own indicators by performing function calculations on existing indicators and their own charts by comparing existing indicators.
  • On-chain Data Broadcasting: With over 10 mainstream blockchains’ full-node data, Chianhub 2.0 7*24 continuously pushes on-chain data to help you better track industry hotspots and discover new on-chain opportunities.
  • Custom Dashboard: With this function, customers could build data dashboards that fit their own data needs and analysis habits. Every time you open Custom Dashboard on Chainhub, you see the latest data that you need.
  • Brand New Landing Page: By integrating hot thematic data, on-chain data metrics base, data broadcasting and market reports, the new landing page enables users access target data within the shortest time, providing convenient one-stop data services.

“Gathering data from multiple blockchains and generating meaningful information from it necessitates high operational costs and time commitments, as well as a comprehensive infrastructure of databases, tools, and skilled data scientists”, Zhang Chao, vice president of OKLink said.

“OKLink takes many efforts on the newly launched Chainhub 2.0, because we believe this product is beneficial for investors and will play an important role in improving access in this nascent crypto market. In the coming years, OKLink will boost product innovation and help professionals, builders, investors and communities build a more transparent and efficient industry by providing world-class tools and intelligence”.

About OKLink
OKLink is a world-leading blockchain big-data company from China, providing users with accurate on-chain data analysis, high-extensibility information solutions and blockchain science education services based on industry-leading blockchain big-data technology. Currently, OKLink has launched products including OKLink blockchain explorer, Chaintelligence, Chainhub and OKLink Academy. Visit www.oklink.com.

Media Contact
Jin Pengcheng, OKLink
Oukehudong Network Technology (Beijing) Co., Ltd.
E: pengcheng.jin@oklink.com
U: https://www.oklink.com

Portable generator powers small safety devices

  • The compact, lightweight device generates electricity when shaken and can power 100 LEDs.

A new stick-like, water-based device can convert energy from movement into electricity. The technology, which was reported in the journal Science and Technology of Advanced Materials, could be used to power portable devices, such as safety lights.

The portable stick generator can be used to power a safety traffic light baton with 100 LEDs.

With the growing interest in the internet of things and small electronics, there is high demand for portable energy sources. One way to produce power is to harvest energy from the environment, such as thermal, solar or mechanical energy. To capture mechanical energy – the power an object gets from its position and motion – scientists have developed triboelectric nanogenerators, which can produce electricity through friction.

“Triboelectric nanogenerators are one of the most effective tools for harvesting mechanical energy because of their high electrical output, low cost and easy accessibility,” professor Sangmin Lee of Chung-ang University in the Republic of Korea.

Triboelectric generators are electrically charged when two dissimilar materials touch and then separate. For example, when a balloon is rubbed on clothing, the balloon becomes charged and can stick to things. However, friction between two materials inevitably causes damage, reducing device lifespan.

Using liquids can reduce friction, but liquid-based generators have a considerably lower electrical output than solid ones. There is also a trade-off between making the device large enough for the liquid to move and generate electricity, while also ensuring it is compact enough to be portable.

To overcome these problems, researchers at Chung-ang University, together with colleagues in South Korea and the US, developed a lightweight, compact, water-based generator that can produce electrical power when shaken.

The device has a simple stick-like design and consists of 10ml of water, a polymer cylinder and electrodes. The container’s polymer material is negatively charged. The water moves up and down when the device is shaken, acquiring a positive charge that is transferred to the electrodes to generate a high electrical output.

“Because of its simple mechanism and design, this small and lightweight device could be used in everyday life. Electrical power can be produced simply by pouring water into the generator then giving it a shake,” explains Lee.

The researchers tested different designs, changing the size and ratio of the electrodes, the physical space between the electrodes and the amount of water in order to determine the optimal combination. They found that the portable stick generator could generate a high electrical output reaching 710 volts when it had adequate space for water movement and a high electrode area.

The researchers showed that the generator can power 100 LED lights, meaning it could be used as a traffic safety light baton that illuminates when shaken. This study demonstrates the potential for triboelectric nanogenerators to be used for a wide range of everyday applications.

Further information
Sangmin Lee
Chung-ang University
Email: slee98@cau.ac.kr

Research paper: https://doi.org/10.1080/14686996.2022.2030195

About Science and Technology of Advanced Materials (STAM)
Open access journal STAM publishes outstanding research articles across all aspects of materials science, including functional and structural materials, theoretical analyses, and properties of materials. https://www.tandfonline.com/STAM

Dr. Yoshikazu Shinohara
STAM Publishing Director
Email: SHINOHARA.Yoshikazu@nims.go.jp

Press release distributed by Asia Research News for Science and Technology of Advanced Materials.

Online Brokerage Tiger Brokers (Singapore) Makes It Easy for Users to Fund Their Investment Portfolio

Tiger Brokers (Singapore) Teams Up with Wise to Offer Remittance Directly to Trading Account in Singapore

Tiger Brokers (Singapore) Pte. Ltd. (Tiger Brokers Singapore) today announced a partnership with Wise, the global technology company building the best way to move money around the world, to offer investors cheaper and faster international money transfers to their trading account at Tiger Brokers Singapore.

With the new offering, Singapore investors will now be able to seamlessly transfer funds from their overseas bank accounts to Singapore Dollar (SGD) in real-time and execute trades on Tiger Trade app within minutes. Through the Tiger Trade app, users will be able to get the real exchange rate and see the fees upfront with no hidden costs. Additionally, transfers are fast – 45% of all transfers globally sent on Wise are instant (less than 20 seconds). These features not only help reduce transfer fees but also shorten the time needed to move funds between their bank accounts and trading account at Tiger Brokers Singapore.

Eng Thiam Choon, Chief Executive Officer, Tiger Brokers Singapore, shared, “We are excited to partner with Wise to be the first to offer investors a faster, cheaper and more convenient way to transfer directly to their trading account held with Tiger Brokers Singapore. As we grow, we want to find ways to make it easier and more efficient for investors to trade a wide range of securities across major global markets and currencies on our investment platform. Tiger Brokers has always been focused on creating a superior and seamless trading experience for investors on our online and mobile trading platforms, and our partnership with Wise, a global leader in money movement, is yet another step in this direction.”

Digital investment continues to be on a rise in South East Asia (SEA) and last year alone the region saw an increase in the number of users on investment platforms from 9 million in 2020 to 12 million in 2021. The region is expected to see 25 million users on digital investment platforms by 2025.

Vinay Palathinkal, Regional Head, Wise Platform, said: “At Wise, our mission is to make moving money faster, cheaper and more transparent for everyone, everywhere. As a customer-obsessed company, Wise shares Tiger Brokers’ vision for creating new, frictionless experiences for their customers and we’re thrilled to build this feature with them to enable quick and low-cost transfers with no exchange rate markups to their customers.”

Wise is a global tech company building the best way to move money around the world. Globally, 12 million people and businesses use Wise, which processes over GBP6 billion in cross-border transactions every month, saving customers over GBP1 billion a year.

The Tiger Trade mobile application is available for download on the Apple App Store and Google Play Store.
– Apple App Store: https://apps.apple.com/sg/app/id1023600494
– Google Play Store: https://play.google.com/store/apps/details?id=com.tigerbrokers.stock

For media enquiries, please contact:
PRecious Communications for Tiger Brokers (Singapore)
Email: tiger@preciouscomms.com

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Any views shared with Prospective Clients (“Prospects”) are suggestive in nature and on a sample basis only. This may also be predicated on assumptions that are made by Tiger Brokers (Singapore) Pte Ltd about the Prospects’ investment objectives and risk profile. Our suggestive and sample views extended to Prospects are not to be considered as recommendations made by the Company. Suggestions provided are also based on information that may be shared by the Prospects, the accuracy and comprehensiveness of which Tiger Brokers in not in a position to verify.

About Tiger Brokers (Singapore)
Tiger Brokers (Singapore) Pte Ltd (herein “Tiger Brokers”) may, to the extent permitted by law, participate or invest in other transactions with the issuer of the products referred to herein, perform services or solicit business from such issuers, and/or have a position or effect transactions in the securities or options thereof. The information herein is for recipient’s information only and not an offer to sell or a solicitation to buy. Any date or price information is indicative only and may be changed without prior notice. All opinions expressed and facts referred to herein are subject to change without notice. The information herein was obtained and derived from sources that we believe are reliable, but while reasonable care has been taken to ensure that stated facts are accurate and opinions are fair and reasonable, Tiger Brokers does not represent that it is accurate or complete and it should not be relied upon as such. The information expressed herein is current and does not constitute an offer, recommendation or solicitation, nor does it constitute any prediction of likely future stock performance. Investment involves risk. The price of investment instruments can and do fluctuate, and any individual instrument may experience upward or downward movements, and under certain circumstances may even become valueless. Past performance is not a guarantee of future results. In preparing this information, we did not take into account the investment objectives, financial situation or particular needs of any person or affiliated companies. Before making an investment decision, you should speak to a financial adviser to consider whether this information is appropriate to your needs, objectives and circumstances. Tiger Brokers assumes no fiduciary responsibility or liability for any consequences financial or otherwise arising from trading in securities if opinions and information in this document may be relied upon.

About Wise
Wise is a global technology company, building the best way to move money around the world. With the Wise account people and businesses can hold more than 50 currencies, move money between countries and spend money abroad. Huge companies and banks use Wise technology too; an entirely new cross-border payments network that will one day power money without borders for everyone, everywhere. However you use the platform, Wise is on a mission to make your life easier and save you money.

Co-founded by Taavet Hinrikus and Kristo Kaarmann, Wise launched in 2011 under its original name TransferWise. It is one of the world’s fastest growing, profitable tech companies and is listed on the London Stock Exchange under the ticker, WISE.

12 million people and businesses use Wise, which processes over GBP6 billion in cross-border transactions every month, saving customers over GBP1 billion a year.

Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC

Wikisoft Corp. (the “Company,” “we,” and “our”) (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.

The proposed transaction would include full global access to Etheralabs LLC’s disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft’s platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft’s Board of Directors has given a commitment to approve the transaction.

Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, “Etheralabs LLC’s disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft’s global reach with superior technology and high value-add products. This includes but is not limited to the blockchain technology for the upcoming wikifunding platform enabling startups to connect to the blockchain community, investors and venture capital. Furthermore, the AmpliFi press release distribution service is expected to be accessible to the 90 million businesses now held in the Wikisoft database, providing global reach to any of those companies. Our greater scale, broader product offering and geographic exposure should accelerate our growth and provide greater earnings diversity.” The Company expects the proposed transaction to be accretive to earnings realized over the two years following the acquisition.

Bryan Feinberg, CEO and Founder of Etheralabs said, “Wikisoft’s capabilities coupled with our background in transforming large data ecosystems into vibrant communities creates a definitive way to leverage our background to accelerate Wikisoft’s entry into the global blockchain market and look forward to our ability to leverage Wikisoft’s unique architecture and data environment into an active and vibrant venture community.”

About Etheralabs LLC

Etheralabs is New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain landscape. Etheralabs fast-tracks ideas into solutions that help high-growth companies with a focus on capital appreciation and scale via early-stage identification and accelerated resource deployment. The acceleration model lays the foundation for taking promising IP from both concept to company and from revenue to profitability, culminating in a fully functioning portfolio venture that is ready to attract follow-on funding, an acquisition partner, or to operate as a standalone company.
More information can be found at: https://etheralabs.io

About Wikisoft Corporation

In today’s fast-moving business world of increasing globalization, Wikisoft leverages big data and associated insights from business datasets to improve performance.

In line with this new phase of globalization, Wikisoft believes that there is a growing demand for access to credible and reliable business data. Data is essential to creating the complete view of customers, prospects, investors, suppliers, and partners necessary to power the right decisions.
Our vision is to create opportunity globally by collecting precise data, curating it, verifying it and putting it in the hands of professionals and businesses as consumable business intelligence. We believe in the power of Wikisoft to collect massive amounts of data and deliver it to businesses curated, credible and reliable.

CONTACT:
WikiSoft Corp.
315 Montgomery Street, San Francisco,
CA 94104, USA
Phone: +1-800-706-0806
Email: investor@wikisoft.com
Investor site: www.wikisoft.com

SOURCE: WikiSoft Corp.

FORWARD-LOOKING STATEMENTS
This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future” or other similar expressions. The Company has based these forward-looking statements primarily on the Company’s current expectations and projections about future events and financial trends that the Company believes may affect Company’s financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company’s current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company’s information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published or distributed should inform themselves about and observe such restrictions.

TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX Liquidity

TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol. The portfolio opens with a $5 million asset cap, to be expanded over time.

The decentralized finance ecosystem expanded by 1,200 percent in 2021 in total value locked’a dramatic upshoot in parallel with increased interest from traditional financial institutions and institutional investors. Decentralized exchanges – trading platforms powered by smart contracts – have emerged as one of the key cornerstones of the space. Since they rely on algorithmic market-making instead of the usual order book, they need a community of dedicated liquidity providers to maintain pools large enough to avoid slippage on executing trades.

TrueFi helps Perpetual scale its liquidity efforts by launching a dedicated lending portfolio to market makers providing liquidity directly to Perpetual’s trading pairs. While launching with support for a limited list of participants, drawn largely from the Perpetual Foundation and PERP’s ecosystem supporters like Multicoin Capital and Dragonfly Liquid, the portfolio is designed to support a broad scope of lenders in the future. Future Perpetual Protocol portfolios may also benefit from added lender rewards, including TRU and PERP incentives.

TrueTrading, a TrustToken affiliate company, will manage the portfolio on behalf of Perpetual Protocol and provide compliance services to create the smoothest experience for Perpetual Protocol and its partners. Additionally, the collaboration benefits from TrueFi’s large and growing network of trusted crypto-native funds, such as Amber Group, who will be able to engage with Perpetual on TrueFi with ease.

“Smart contracts allow us to build sophisticated financial products in a transparent way,” says Rafael Cosman, CEO of TrustToken. “Perpetual’s decentralized futures contracts, with no settlement date, are a prime example of novel financial engineering enabled by the promise of blockchain technology. TrueFi is thrilled to support Perpetual as its first protocol-to-protocol lending partner, powering liquidity for Perpetual’s groundbreaking offerings, in a portfolio we expect to pass $100 million by year’s end.”

“Committed market makers are crucial for any user-driven decentralized exchange, as they are the engine that keeps it going,” says Yenwen Feng, Co-Founder at Perpetual Protocol. “By teaming up with TrustToken, we bring our market makers more liquidity to tap into as they support our own trading pairs. This grants liquidity providers more confidence through greater market stability and reduced slippage which ultimately results in a better trading experience for all of our users.”

About TrustToken

TrustToken is building the protocol for global lending. TrustToken’s TrueFi platform brings uncollateralized lending and credit scoring on-chain, offering borrowers the highest possible capital efficiency at competitive rates, while offering lenders the broadest marketplace of financial products in DeFi. TrueFi has completed over $1B in loan originations with a perfect record of repayment, and has approximately $1B in total assets under management.

The company’s TrueCurrencies are the world’s first independently-verified, fully collateralized stablecoins, trading on top exchanges like Binance, Huobi, and OKEx, generating billions in monthly trade volume. TrueCurrency users enjoy lightning-fast transactions, the lowest transaction costs of any stablecoin, easy exchange to and from fiat currency, and obsessive customer service.

Start using TrueFi at https://truefi.io, or learn more about TrustToken products at https://trusttoken.com. For interested borrowers or asset managers looking to build financial products on TrueFi, please contact ryan.rodenbaugh@trusttoken.com

About Perpetual Protocol

Perpetual Protocol is a decentralized perpetual futures exchange operating on the cutting edge of decentralized finance. The protocol allows its users to go long or short using crypto’s most popular financial instrument: perpetual futures contracts. Perpetual Protocol also empowers developers with its highly composable and deeply liquid protocol, providing an all-new design space for builders to create on while tapping into the exciting potential of Web3. For more information, please visit their website at https://perp.fi/