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Databricks Grows >65% YoY, Surpasses $5.4 Billion Revenue Run-Rate, Doubles Down on Lakebase and Genie

Databricks is Announcing >$7B of Investments in the Company

SAN FRANCISCO, Feb. 9, 2026 /PRNewswire/ — Databricks, the Data and AI company, today announced it crossed a $5.4 billion revenue run-rate, delivering >65% year-over-year growth during its Q4. Building on this momentum, Databricks is completing investments in the company in excess of $7 billion, including ~$5B of equity financing at a $134 billion valuation and ~$2B of additional debt capacity. With this new funding, the company will accelerate Lakebase, its serverless Postgres database built for AI agents, and Genie, its conversational AI assistant that lets any employee chat with their data.

This financing drew strong participation from both new and returning investors. JPMorganChase expanded its investment in the company through its Security and Resiliency Initiative’s newly-formed Strategic Investment Group. In addition to previously disclosed participants in the Series L round, the additional close also included Glade Brook Capital, Growth Equity at Goldman Sachs Alternatives, Microsoft, Morgan Stanley, funds affiliated with Neuberger, Qatar Investment Authority (QIA), funds associated with UBS, and others. The credit facilities were led by JPMorgan Chase Bank, N.A. alongside Barclays, Citi, Goldman Sachs, and Morgan Stanley, with participation from other leading financial institutions and alternative asset managers.

Financial momentum 
This investment follows continued strong momentum across Databricks’ business in Q4:

  • Surpassing $5.4 billion revenue run-rate, growing >65% year-over-year.
  • Delivering positive free cash flow over the last 12 months.
  • Crossing $1.4 billion revenue run-rate for its AI products.
  • Sustaining net retention rate >140%.
  • >800 customers consuming at over $1 million annual revenue run-rate.
  • >70 customers consuming at over $10 million annual revenue run-rate.

“We’re seeing overwhelming investor interest in our next chapter as we go after two new markets,” said Ali Ghodsi, co-founder and CEO of Databricks. “With this new capital, we’ll double down on Lakebase so developers can create operational databases built for AI agents. At the same time, we’re investing in Genie to let every employee chat with their data, driving accurate and actionable insights.”

“Databricks is a generational company that has become a backbone for enterprise data and AI, helping organizations across critical sectors seize opportunities and overcome challenges,” said Todd Combs, Head of the Strategic Investment Group for JPMorganChase’s Security and Resiliency Initiative. “This initial investment reflects the strength of Databricks’ secure platform and continues to support their innovative, production‑scale applications that serve customers around the world.”

Building the future of Data + AI 
The company will use the funding to advance Lakebase, a serverless Postgres database built for the age of AI that helps customers build data and AI applications faster on a unified platform. Databricks will also scale investments in Genie, its conversational AI assistant, expanding natural‑language capabilities that make data and AI accessible to every corner of the business. The company also expects to use the funds to advance AI research, pursue strategic acquisitions and provide employee liquidity.

About Databricks
Databricks is the Data and AI company. More than 20,000 organizations worldwide — including adidas, AT&T, Bayer, Block, Mastercard, Rivian, Unilever, and over 60% of the Fortune 500 — rely on Databricks to build and scale data and AI apps, analytics and agents. Headquartered in San Francisco with 30+ offices around the globe, Databricks offers a unified Data Intelligence Platform that includes Agent Bricks, Genie, Lakebase, Lakeflow, Lakehouse, and Unity Catalog. To learn more, follow Databricks on LinkedIn, X, YouTube, and Instagram.

Contact: Press@databricks.com

SwitchBot Launches AI Hub, the World’s First Local Home AI Agent Supporting OpenClaw

TOKYO, Feb. 9, 2026 /PRNewswire/ — SwitchBot, a leading provider of AI-enabled embodied home robotics systems, today announced the launch of SwitchBot AI Hub, the world’s first local home AI agent supporting OpenClaw, an open-source autonomous AI agent framework.

 

SwitchBot AI Hub x OpenClaw Demo Video

Combining edge AI computing, Vision-Language Models (VLM), and unified smart home control in a single hub, AI Hub understands real-world events through connected cameras, enables AI-powered automations, and serves as a local NVR system with Frigate. Using it together with OpenClaw, users can now control devices, access AI models, and manage home automation naturally through everyday chat apps.

Official support for running OpenClaw on SwitchBot AI Hub is scheduled to roll out by the end of February, while expanded access to SwitchBot Skills via OpenClaw is expected to roll out by the end of March.

First Local Home AI Agent Supporting OpenClaw

Unlike cloud or PC-based OpenClaw deployment, SwitchBot AI Hub offers authentic OpenClaw support for always-on AI operation in a more affordable and convenient way.

Starting from the end of February, users will be able to run OpenClaw directly on SwitchBot AI Hub, providing an easier and cost-effective solution compared to PC-based deployments. After setup is completed, users can access a range of Large-Language AI models via an OpenClaw bot contact in up to 50 chat apps, including WhatsApp, iMessage, and Discord. Meanwhile, OpenClaw can also access smart home devices across multiple platforms, including Home Assistant, Apple Home, and Google Home, through relevant Skills.

By the end of March, users will be able to access SwitchBot Skills through OpenClaw, using chat apps to manage devices connected to AI Hub and home automations created on AI Hub, both locally and through the Vision-Language Model (VLM).

Running independently on personal devices, AI Hub provides a dedicated, isolated environment for AI execution, helping safeguard personal data while reducing deployment time and system overhead.

First Edge Hub Equipped with VLM

On its own, SwitchBot AI Hub functions as an intelligent edge hub that combines human-like visual understanding, AI automation, and privacy-first video management.

Working with SwitchBot Pan/Tilt Cam 2K/3K Plus, SwitchBot Smart Video Doorbell, or any third-party RTSP cameras, AI Hub uses Vision-Language Models (VLM) to interpret real-world events, generate summaries, enable AI search through video footage, deliver daily home reports, and provide more accurate alerts.

These AI summaries can also be used as automation triggers, allowing users to create complex home automations in seconds and tailor responses for scenarios such as security, family care, and pet care.

In addition, AI Hub integrates a local NVR system powered by Frigate, supporting up to eight cameras, on-device facial recognition, free local video recording, single-screen whole-home monitoring, and expandable local storage up to 16TB.

As SwitchBot’s first edge hub, it also connects with over 100 SwitchBot devices, supports Matter bridging for up to 30 SwitchBot products, dual-band Wi-Fi, extended Bluetooth coverage, faster local automation for Bluetooth products, and optional Home Assistant installation, providing a stable, responsive foundation for whole-home intelligence.

The Ultimate Smart Home Automation with AI Hub and OpenClaw

When combined with OpenClaw, SwitchBot AI Hub will enable natural, conversational control over the smart home, allowing users to further interact with their home environment through everyday language.

Users can ask OpenClaw about home status, such as temperature, humidity, or air quality, view footage from cameras connected to AI Hub, control individual devices like lights or air conditioners, and initiate home automation smart scenes. These commands can apply not only to devices directly connected to AI Hub, but also to devices and automations already configured across other smart home platforms that OpenClaw has access to.

Beyond responding to user requests, OpenClaw can proactively assist users by remembering users’ past behaviours and habits, analyzing the data it captures through the lens of this memory, and surface timely suggestions or prompt users to take action based on the insights. For example, when a SwitchBot Smart Video Doorbell detects someone at the door, AI Hub can capture the event and send an image through OpenClaw in the users’ common chat apps, allowing the user to decide whether to remotely unlock the door for the person at the door.

Through this combination of memory, perception, analysis, and execution, SwitchBot AI Hub and OpenClaw work together to deliver a more intelligent, responsive, and user-centric smart home experience.

Pricing & Availability

SwitchBot AI Hub is already available through the SwitchBot Official Website, with an MSRP of USD 259.99 / CAD 299.99 / GBP 259.99 / EUR 259.99. Official OpenClaw support will be enabled by the end of February via software updates.

For more information, visit SwitchBot’s official website and follow SwitchBot on X, Instagram, Facebook, and YouTube.

Media Kit: https://drive.google.com/drive/u/2/folders/14YPDkMZC2pJQmV2oJ3inXiYkgJGoTy70

 

SwitchBot AI Hub
SwitchBot AI Hub

HTX Launches Seamless USDe Minting and Redemption Service, Offering Rewards Opportunities to Holders

PANAMA CITY, Feb. 9, 2026 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, today announced the launch of USDe minting and redemption service on its platform, alongside a new daily rewards program for USDe holders.

Following the recent listing of USDe, these new features unlock a more efficient, capital-optimized experience for HTX’s global user base, marking another milestone in its commitment to delivering seamless, innovative, and user-centric digital asset services.

“By bringing minting and redemption directly onto HTX, we are making advanced on-chain financial tools accessible to a much broader audience. This reflects our continued focus on supporting innovation and improving user experience,” said Justin Sun, Advisor to HTX.

USDe — A Crypto-backed Synthetic Dollar

Developed by Ethena Labs, USDe is a synthetic dollar designed as a crypto-native alternative to traditional dollar-denominated money. Unlike conventional stablecoins that rely primarily on fiat reserves, USDe is backed by mainstream crypto assets like BTC and ETH, and stabilized through a delta-neutral hedging strategy.

By holding spot crypto assets while simultaneously opening offsetting positions in derivatives markets, Ethena aims to minimize price volatility and maintain a value closely aligned with the U.S. dollar. This on-chain, risk-managed structure allows USDe to remain deeply integrated with both DeFi and CeFi ecosystems.

USDe Minting and Redemption Live on HTX

With this latest launch, HTX users can now directly mint or redeem USDe on-platform via Ethena’s smart contracts, without relying on spot order books or OTC liquidity.

Key benefits include:

  • Unlimited scale: No cap on the size of minting or redemption;
  • Uniform costs: Minting and redemption costs remain consistent regardless of transaction size;
  • Improved liquidity efficiency: Users can enter or exit USDe positions smoothly, avoiding slippage or liquidity constraints often associated with secondary markets.

This integration significantly simplifies access to USDe, offering users a more efficient and transparent way to manage exposure to Ethena’s synthetic dollar.

Daily Rewards for USDe Holders, and More

In addition to minting and redemption, users who hold USDe in their HTX spot account will be eligible for daily rewards, paid out on a weekly basis.

This mechanism allows users to earn passive returns simply by holding USDe on HTX, enhancing capital efficiency while maintaining dollar-denominated exposure.

HTX users can also participate in a range of attractive USDe-related campaigns, including:

  • Upcoming APY Boost: USDe Flexible product coming soon on HTX Earn, with subscribers to enjoy up to 15% APY;
  • Trading Competition: From now to February 20th, users can trade USDe to share a 10,000 USDe prize pool.

These initiatives further incentivize engagement with the USDe ecosystem and provide additional opportunities for users to benefit from its integration on HTX.

Elliot Parker, COO of Ethena Labs, commented: “HTX launching in-platform minting & redemption of USDe for stablecoins is a great example of putting users first. The feature enables users, of all sizes, to mint & redeem USDe 24/7/365, on-demand, with atomic settlement. HTX’s commitment to its users enables us to scale a better form of money together.

Commitment to User-Centric Innovation

With the launch of USDe minting, redemption, and holder rewards, HTX reinforces its core belief in putting users first through practical innovation. By working closely with Ethena, HTX is delivering infrastructure that enhances capital efficiency, improves liquidity access, and simplifies participation in advanced on-chain financial mechanisms — all within a secure and easy-to-use trading environment.

HTX remains committed to supporting high-quality crypto-native assets and building meaningful bridges between centralized platforms and next-generation DeFi innovation. Through transparent design, robust infrastructure, and a focus on real user utility, HTX continues to enable global users to engage more efficiently with the evolving digital asset ecosystem.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square, and follow HTX on X, Telegram, and Discord. 

About Ethena

Ethena is a synthetic dollar protocol built on Ethereum that provides a crypto-native solution for money, USDe, alongside a globally accessible dollar savings asset, sUSDe.

Ethena’s synthetic dollar, USDe, provides the crypto-native, scalable solution for money achieved by delta-hedging Bitcoin, Ethereum and other governance-approved spot assets using perpetual and deliverable futures contracts, as well as holding liquid stables such as USDC and USDT.

USDe is fully-backed (subject to the discussion in the Risks section regarding events potentially resulting in loss of backing) and free to compose throughout CeFi & DeFi.

Zettabyte and LiteOn Announce Strategic R&D Collaboration on Micro Edge AI Inferencing Infrastructure

PALO ALTO, Calif. and TAIPEI, Feb. 9, 2026 /PRNewswire/ — Zettabyte and LiteOn today announced a R&D collaboration to evaluate a distributed edge AI inferencing platform deployed at cell tower or tower-adjacent locations called the Ultra Edge Pod.

The initial deployment will consist of specialized Mobile Edge Compute (MEC) AI inferencing platform deployed at cell towers, tower-adjacent facilities, and other network-proximate infrastructure (Edge AI Deployment). MEC will bring AI inference workloads closer to users and dramatically reduce latency. MEC platforms will help countries without mature data centre infrastructure achieve digital and AI readiness for its citizens and enterprises. Under the collaboration, LiteOn will provide the power, cooling, and physical infrastructure required for edge deployments, while Zettabyte will deliver the comprehensive software layer responsible for GPU scheduling, orchestration, observability, and remote operations, delivering MEC by combining the computing power of all cell towers.

The deployment is intended to demonstrate how tightly integrated infrastructure and software can enable reliable, low cost and low-latency AI inference in highly distributed environments, including telecom-adjacent sites with real-world power, thermal, and operational constraints.

The intended Edge AI Deployment will support low-latency, location-aware AI inference workloads operating closer to mobile users, radio access networks, and data sources, and validating the feasibility of operating GPU-based AI computing within highly distributed, power-and-space constrained telecommunication scenarios, including those operated by tower companies and telecommunications providers

“This deployment allows both teams to validate a practical and scalable model for edge AI deployment, emphasizing repeatability, resilience, and operational efficiency through a clear separation of infrastructure and software responsibilities,” says Kenneth Tai, chairman of Zettabyte.

“LiteOn’s experience in power systems, thermal management, and physical infrastructure positions the company to support emerging edge AI use cases through disciplined, deployment-driven collaboration,” says Jason Tsao, Associate Vice President and Head of Direct Current Microgrid at LITEON

About Zettabyte
Zettabyte is a global provider of AI infrastructure software focused on GPU scheduling, orchestration, and operations for distributed and heterogeneous compute environments.

About LiteOn
Lite-On Technology Corp [2301.TW] is a global technology company specializing in power systems, thermal management, and infrastructure solutions for telecom, industrial, and data-centre-adjacent deployments.

Aon and KNIAZHA VIENNA INSURANCE GROUP announce new $25M war-risk insurance facility with the U.S. International Development Finance Corporation

  • Comprehensive $25M reinsurance facility will enable KNIAZHA VIG to deliver comprehensive, innovative war-risk insurance solutions to SMEs and private individuals across Ukraine.
  • Builds on Aon’s efforts to support Ukraine’s economy, insurance industry and preparation for reconstruction – now representing more than $490M in public and private capital for war risk insurance.
  • Collaboration underscores KNIAZHA VIG’s commitment to supporting Ukraine’s economic recovery by mitigating conflict-related risks and catalyzing private investment.

DUBLIN, Feb. 9, 2026 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, and KNIAZHA VIENNA INSURANCE GROUP (“KNIAZHA VIG”) today announced a new $25M reinsurance facility agreement with the U.S. International Development Finance Corporation (DFC).

“Since the onset of the war, our commitment to Ukraine has compelled our firm to build a global public and private coalition to support and invest in the country,” said Greg Case, president and CEO of Aon. “We are proud to collaborate with KNIAZHA VIG to build on work with the U.S. International Development Finance Corporation and others as we put our expertise, analytics and relationships to urgent work to unlock innovative solutions to this complex challenge.”

The facility, which will provide reinsurance coverage from DFC on a portfolio of war risk insurance policies up to $100 million, will enable KNIAZHA VIG to deliver comprehensive, innovative war-risk insurance solutions to SMEs and private individuals across Ukraine. The reinsurance contract became effective February 1, 2026.

“Our partnership with DFC marks an important step in strengthening KNIAZHA’s role in Ukraine’s rebuilding process and reflects VIG’s long-term commitment to the country,” said Harald Riener, Member of the Managing Board of VIG and Chairman of the Supervisory Board of KNIAZHA VIG. “By expanding SME and private insurance solutions and supporting regional initiatives, we are creating a resilient platform that empowers communities and unlocks new market opportunities. This collaboration positions KNIAZHA to contribute to long-term stability while building sustainable growth for the future.”

This latest announcement builds on Aon’s work to assist Ukraine – representing more than $490M in public and private capital the firm has coordinated to reinforce Ukraine’s economy, enable foreign investment during the war and prepare for reconstruction. Over the last two years, Aon has worked in partnership with DFC to build insurance capacity and accelerate new capital investment and economic recovery in Ukraine, called on the (re)insurance industry to remove blanket exclusions for risks originating in Ukraine, Russia and Belarus, organized a €110M ($115M) insurance facility in collaboration with the European Bank for Reconstruction and Development (EBRD) and launched a Ukraine Early Careers Program to hire displaced Ukrainians in Aon offices.

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Media Contacts
mediainquiries@aon.com 
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Engwe Redefines Urban Riding with the Launch of M20 3.0

NEW YORK, Feb. 9, 2026 /PRNewswire/ — ENGWE, a leading global e-bike brand, today announced the launch of its latest flagship moped-style electric bike, the M20 3.0, engineered for urban excitement and light off-road exploration. Officially releasing on March 2, 2026, the M20 3.0 marks not only a product milestone but also ENGWE’s strategic return to the U.S. market after a one-year absence.

Engwe Redefines Urban Riding with the Launch of M20 3.0
Engwe Redefines Urban Riding with the Launch of M20 3.0

As the first step in ENGWE’s 2026 roadmap, the launch reflects its renewed investment in the U.S., where a strong rider base and growing demand for versatile electric mobility continue to shape expansion plans. “The U.S. remains one of our key markets this year, and we look forward to bringing more innovation to local riders,” an ENGWE spokesperson said. “M20 3.0 signifies the launch of a broader 3.0-series lineup set to roll out across the region this year.”

Since its U.S. debut in 2023, the M20 series has cultivated a passionate rider base drawn to its bold, moped-inspired styling and light off-road capability. The second-generation M20 2.0, launched in 2024, continued that momentum with user praise and endorsements from media outlets such as CNET, which wrote: “My family’s free time has changed forever,” and TechRadar, which called it “a beautiful e-bike with incredible range.” With a growing community and strong appeal among style-conscious commuters and weekend explorers, the series has become one of ENGWE’s most recognizable platforms. The new M20 3.0 delivers the most comprehensive update to date, raising the bar on power, range, and smart integration. The M20 series now offers single and dual-battery options, reinforcing its commitment to bold engineering and peak riding performance.

M20 3.0 – The Ultimate Power Raptors

  • 3300W peak motor with 120 Nm torque for commanding acceleration
  • Full suspension (100 mm front, 55 mm rear) and 4-piston hydraulic disc brakes for confident control
  • 0–15 mph in 2.15 seconds, top speed of 40 mph
  • Up to 180 miles of range with dual battery; 2-hour fast charging with 8A charger
  • Bluetooth auto-unlock and 3.5″ TFT display with smartphone navigation mirroring

To mark the launch, ENGWE is launching a limited giveaway campaign to boost brand presence and renew engagement in the U.S. market. The company will continue expanding its U.S. portfolio throughout 2026, reinforcing its commitment to practical, high-quality electric mobility for city streets and beyond. For more information, visit ENGWE’s official website and Instagram.

Club Med: The Art of Winter Escape, Redefined

HO CHI MINH CITY, Vietnam, Feb. 9, 2026 /PRNewswire/ — Planning ahead for Winter 2027, Club Med, the pioneer of premium all-inclusive vacation, invites travellers to embrace the magic of the season. From powder-perfect slopes to balmy beaches, the winter season presents myriad travel opportunities where adventure, relaxation and reconnection unite under one global collection of experiences.

Planning ahead for Winter 2027, Club Med, the pioneer of premium all-inclusive vacation, invites travellers to embrace the magic of the season
Planning ahead for Winter 2027, Club Med, the pioneer of premium all-inclusive vacation, invites travellers to embrace the magic of the season

In the Asia-Pacific region, winter offers snow-filled escapes across forests, slopes, and natural landscapes. In Japan’s northern island of Hokkaido, Club Med Tomamu welcomes guests to a lively mountain resort surrounded by fresh trails and après-ski delights.

Meanwhile, Club Med Sahoro sits at the intersection of culture and adventure, blending Japanese heritage with serene relaxation. For family-friendly skiing or adult-only serenity, Club Med Kiroro Grand and Exclusive Collection Kiroro Peak extend the season until early May.

Across the sea, Club Med Changbaishan, set within a UNESCO Biosphere Reserve, pairs snow-covered forests and rejuvenating hot springs with views of the mythical Heavenly Lake. Further west, Club Med Beidahu offers an intimate family retreat where panoramic winter landscapes promise a relaxed introduction to alpine life.

Renowned for the timeless peaks of the Alps, Europe’s grand mountains offer a seamless blend of sport and indulgence. In Italy, Club Med Pragelato Sestriere returns refreshed within the famed Via Lattea. In Switzerland, Club Med Saint-Moritz Roi Soleil combines Engadin’s charm with horse-drawn sleigh rides. Over in France, Club Med Alpe d’Huez shines under 300 days of sunshine, while Club Med Val d’Isère remains the jewel of the Alps, blending world-class slopes with spa serenity and gourmet artistry.

Winter in Americas reveals a different kind of escape Club Med Québec Charlevoix captivates guests where the Laurentian forest meets the St. Lawrence River, offering Nordic spas and locally inspired gastronomy. For those preferring the sea, the elegant sailing yacht Club Med 2 explores secluded coves from the Caribbean to the Mediterranean.

For those escaping the snow, Club Med Kani enchants with its Manta Exclusive Collection overwater villas, while Club Med Phuket delights families with its reimagined Family Oasis. The upcoming Club Med South Africa Beach & Safari will uniquely combine coastal escapes with wildlife exploration.

With Club Med’s premium all-inclusive packages, every detail is taken care of, leaving you to simply live in the moment. Book your holiday now and enjoy unbeatable savings of up to 20% off for the ultimate winter getaway.

For more information and booking inquiries, please visit www.clubmed.asia or contact: contactus.asia@clubmed.com.

Disclaimer: This media release is distributed in the Vietnam region; the booking terms and conditions may only apply to specific markets. Additionally, this release is available for pickup by other regional news channels, offering opportunities for broader coverage and increased visibility. 

If you purchased or acquired GYEN in New York or California at a time when it was unpegged from the Japanese Yen and lost money thereby, you may be entitled to a payment from a class action settlement.

COSTA MESA, Calif., Feb. 9, 2026 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., court-appointed settlement administrator, regarding the GYEN class action Settlement.

A proposed settlement has been reached with GMO-Z.com Trust Company (“Defendant” or “GMO Trust”) in a class action lawsuit. The lawsuit alleges that GMO Trust violated New York and California law by failing to provide accurate disclosure concerning the stability of GYEN during the Settlement Class Period.

Defendant denies that it did anything wrong, and the Court has not decided who is right. The parties agreed to settle the lawsuit to avoid the risks, disruption, and uncertainties of continued litigation.

This press release is a supplement to, and does not replace, the Court-approved Long Form Notice.  A copy of the proposed Settlement Agreement, the Long Form Notice, and other important information is available at www.GYENSettlement.com.

Settlement Class
The proposed Settlement Class consists of persons and entities that purchased or acquired GYEN in New York or California at a time when it was unpegged from the Japanese Yen between December 29, 2020 and October 10, 2025.  Further, details about the Settlement Class definition can be found at www.GYENSettlement.com. 

The Court has appointed experienced attorneys, known as Class Counsel, to represent the Settlement Class.

Settlement Benefits
If the Court approves the Settlement, Defendant will create a $6,750,000 Settlement Fund. Certain deductions, including attorneys’ fees, litigation expenses, and the costs of notice and administration, will be paid from the Settlement Fund. The remaining money will be distributed among members of the Settlement Class Members in accordance with a plan of allocation approved by the Court.

Claims Process
To seek a payment, a claim must be submitted through the Settlement Website or submitted by U.S. mail using the Claim Form that is available for download at www.GYENSettlement.com, along with the required supporting documentation.

Claimants should be prepared to use the wallet connector included in the claim submission process to verify ownership or control of the wallet or account associated with the relevant GYEN transactions.

Paper Claim Forms may also be requested by emailing info@GYENSettlement.com or downloaded from the Settlement Website. Completed claims must be submitted online, mailed and postmarked, or emailed by June 5, 2026.

Exclusions and Objections
Requests for exclusion from the Settlement must be received by April 30, 2026. Persons or entities that exclude themselves will not be bound by the Settlement and will not be eligible to receive benefits.

Objections to the Settlement must be filed with the Court and served on counsel for the Settling Parties by April 30, 2026. You cannot object to any aspect of the Settlement if you exclude yourself from the Settlement Class.

Instructions for requesting exclusion or objecting to the Settlement are detailed in the Long Form Notice, which is available on the Settlement Website, www.GYENSettlement.com.

Final Approval Hearing
The Court will hold a hearing in this case at 2:00 p.m. on May 27, 2026, in Courtroom 11C of the Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007, to consider whether to approve the Settlement and plan of allocation. At that time, the Court will also consider Class Counsel’s request for attorneys’ fees, reimbursement of litigation expenses, and service awards for the named plaintiffs. Attendance at the hearing is not required.

This notice is a summary only and does not replace the Court-approved Long Form Notice. Additional information is available by calling 833-647-9041, emailing info@GYENSettlement.com, or visiting www.GYENSettlement.com.