Seasoned finance leader to drive company’s next phase of growth and innovation

ZURICH, Dec. 10, 2025 /PRNewswire/ — Matrixport Group is pleased to announce the appointment of Dominik Oggenfuss as Chief Executive Officer of Matrixport Asset Management AG, effective today.

Dominik was previously a partner at Welsbach Holdings, bringing extensive experience in strategic advisory, venture and alternative investments. His expertise in business development and investor relations is complemented by executive education programs at Harvard Business School. With over 25 years of experience in the finance sector in Asia, Middle East and Europe, Dominik will lead the company’s strategic growth initiatives in Switzerland, oversee investment operations, and drive innovation across the rapidly evolving digital asset and traditional finance landscape.

“With our Swiss asset management platform in place, Matrixport Asset Management is entering its next phase focused on scaling an institution-grade business across Europe. Dominik’s appointment reflects our priorities in strengthening investment capabilities and building a long-term presence in key European markets.” said John Ge, CEO of Matrixport Group.

“I am honored to join Matrixport Asset Management AG as CEO and I look forward to working with the talented team. Being part of Matrixport Group, a global digital asset player in Asia, I am convinced we can deliver innovative investment solutions, strengthen client relationships, and expand Matrixport Group’s presence in both traditional and digital asset markets in Switzerland and beyond.” said Dominik Oggenfuss.

Other Key Personnel Appointments

Friedrich Herzog will be appointed Chief Investment Officer. Previously serving as Head of Research and Senior Portfolio Manager, Friedrich brings over a decade of expertise in managing both quantitative and discretionary strategies across multiple asset classes, complemented by strong technical and cross-asset experience. He has held positions at leading firms including Goldman Sachs and Omers Capital in New York, US. In his new role, Friedrich will continue to lead portfolio management and investment research, further advancing the company’s standing in the sector.

Hui Wang will assume responsibility as Chief Operating Officer in addition to her current position as Chief Compliance Officer. Hui will oversee operations, technology, risk and compliance. Joined Matrixport Group in 2019, Hui previously worked as Senior Compliance Officer at UBS, Credit Suisse, and Bank Julius Baer, brings extensive experience in operational leadership and regulatory compliance.

Recent Strategic Milestone: Expansion into Europe

In 2024, Matrixport expanded into the European crypto asset management market through its 100% acquisition of licensed Swiss manager Crypto Finance (Asset Management) AG. Following the all-cash acquisition, the firm was renamed Matrixport Asset Management AG, providing the Group with institutional-grade capabilities, FINMA-authorized asset management, and enhanced reach into key European markets under applicable regulatory regimes.

About Matrixport Asset Management AG

Matrixport Asset Management AG is a FINMA-authorized Manager of Collective Investment, bridging traditional finance with the digital asset ecosystem. The firm offers a comprehensive suite of regulated products, including funds, ETPs, AMCs, and discretionary asset management, providing institutional-grade security and compliant products for its clients.

About Matrixport

Founded in 2019, Matrixport is a global leading one-stop digital asset financial services platform that bridges traditional finance with the digital asset ecosystem through technology and regulatory compliance. The company has grown into a unicorn with a valuation exceeding US$1 billion and has established a licensed and regulated presence across major financial centres, including Singapore, Hong Kong, Switzerland, the United Kingdom, and the United States. With seven offices worldwide, Matrixport manages more than US$7 billion in assets, facilitates monthly trading volumes exceeding US$7 billion, with cumulative interest payments surpassing US$2 billion. Its platform offers a comprehensive range of digital financial services including custody, wealth and yield management, structured products, and trading solutions for global clients.

Guided by the principles of compliance, resilience, technology-driven innovation, and security, Matrixport has built a robust global compliance framework and a multi-layered risk management and security infrastructure, supported by a worldwide licensing footprint. As a Group, and through its local subsidiaries, Matrixport holds a Hong Kong Trust Company License and Money Lender License, a U.S. Money Services Business (MSB) registration, a Swiss FINMA asset management license, and a Financial Services Licence (FSL) in Bhutan. It is also an FCA-authorised appointed representative in the United Kingdom and a member of Switzerland’s FINMA-recognised SRO-VFQ, while its subsidiary, Fly Wing, is licensed as a Major Payment Institution in Singapore. Upholding its mission to “make global assets safer and more accessible,” Matrixport continues to advance the global development of digital financial infrastructure and has been recognised on the Hurun “2024 Global Unicorn Index” and the “2025 Singapore FinTech Unicorn List.”

HONG KONG, Dec. 10, 2025 /PRNewswire/ — Tiiny AI Inc. (www.tiiny.ai), a US deep-tech AI startup, today unveiled the world’s smallest personal AI supercomputer, the Tiiny AI Pocket Lab, officially verified by Guinness World Records under the category “The Smallest MiniPC (100B LLM Locally).” 

The event marked the first global public unveiling of the Tiiny AI Pocket Lab. For the first time in AI supercomputing, a pocket-sized device is capable of running up-to a full 120-billion-parameter large language model (LLM) entirely on-device — without cloud connectivity, servers, or high-end GPUs.

Designed for energy-efficient personal intelligence, Tiiny AI Pocket Lab runs within a 65W power envelope. It can enable large-model performance at a fraction of the energy and carbon footprint of traditional GPU-based systems.

The device represents a major shift in the trajectory of the AI industry. As cloud-based AI increasingly struggles with sustainability concerns, rising energy costs, global outages, the prohibitive costs of long-context processing, and growing privacy risks, Tiiny AI introduces an alternative model centered on personal, portable, and fully private intelligence. According to Tiiny AI, the real bottleneck in today’s AI ecosystem “is not computing power — it is dependence on the cloud.” 

“Cloud AI has brought remarkable progress, but it also created dependency, vulnerability, and sustainability challenges,” said Samar Bhoj, GTM Director of Tiiny AI. “With Tiiny AI Pocket Lab, we believe intelligence shouldn’t belong to data centers, but to people. This is the first step toward making advanced AI truly accessible, private, and personal, by bringing the power of large models from the cloud to every individual device.”

Tiiny AI Pocket Lab is designed to support nearly all major personal AI use cases, serving developers, researchers, creators, professionals, and students. It enables multi-step reasoning, deep context understanding, agent workflows, content generation, and secure processing of sensitive information — even without internet access. The device also provides true long-term personal memory by storing user data, preferences, and documents locally with bank-level encryption, offering a level of privacy and persistence that cloud-based AI systems cannot provide.

Crucially, Tiiny AI Pocket Lab operates in the ‘golden zone’ of personal AI (10B–100B parameters), which satisfies over 80% of real-world needs. Going further, it supports models scaling up to 120B LLM, delivering intelligence levels comparable to GPT-4o. This enables PhD-level reasoning, multi-step analysis, and deep contextual understanding — but with the security of fully offline, on-device processing.

The announcement comes as the global LLM market is entering a period of rapid expansion. According to Grand View Research, the global LLM market size was estimated at USD 7.4 billion in 2025 and is projected to reach USD 35.4 billion by 2030, growing at a CAGR of 36.9% from 2025 to 2030. It is driven by advances in self-supervised learning, domain-specific model development, and rising enterprise adoption across sectors including retail, e-commerce, healthcare, and media.

Tiiny AI Pocket Lab is powered by two core technology breakthroughs that make large-parameter models viable on a compact device. TurboSparse, a neuron-level sparse activation technique, significantly improves inference efficiency while maintaining full model intelligence. PowerInfer, an open-source heterogeneous inference engine with more than 8,000 GitHub stars, accelerates heavy LLM workloads dynamically distributing computation across CPU and NPU, enabling sever-grade performance at a fraction of traditional power consumption. Together, these technologies allow Tiiny AI Pocket Lab to deliver capabilities that previously required professional GPUs costing thousands of dollars.

Key Specifications:

The company also offers a ready-to-use open-source ecosystem. Tiiny AI Pocket Lab supports one-click installation of leading open-source models including OpenAI GPT-OSS, Llama, Qwen, DeepSeek, Mistral, and Phi, and enables seamless deployment of popular open-source AI agents such as OpenManus, ComfyUI, Flowise, Presenton, Libra, Bella, and SillyTavern. Users receive continuous updates, including official OTA hardware upgrades. The above features will be released at CES in January 2026.

Formed in 2024, the team brings together global engineers from MIT, Stanford, HKUST, SJTU, Intel, and Meta, with deep expertise in systems engineering, AI inference optimization, and hardware–software co-design. Their research has been published in premier academic conferences including SOSP, OSDI, ASPLOS, and EuroSys. In 2025, Tiiny AI secured a multi-million dollar seed round from leading global investors.

Photo Download Link: https://drive.google.com/drive/folders/1tKjR0GlV827FTm15Fso5lmimtgFZNy2x?usp=sharing

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About Tiiny AI Inc.

Tiiny AI Inc. is a US deep-tech AI startup pioneering personal AI supercomputing. It brings cloud-grade large-model intelligence fully on-device, private, offline, and accessible to everyone. With its founding team formed in 2024 by engineers from MIT, Stanford, HKUST, SJTU, Intel, and Meta, the company develops breakthrough technologies such as TurboSparse and PowerInfer that enable up-to-120B LLMs to run on pocket-sized consumer devices for the first time. Tiiny AI’s mission is to make advanced AI accessible, private, and personal.

• WORLD’S FIRST INSTANT NFC-ENABLED AUTHENTICATION IN A GRADED SLAB
• REDEFINING COLLECTIBLE ART WITH LIMITED, UNIQUE, UV-PRINTED
  ARTIST-DESIGNED SLABS 
• LEADING TURNAROUND TIMES FOR COLLECTORS ACROSS ASIA

HONG KONG, Dec. 10, 2025 /PRNewswire/ — Hong Kong-founded GRADING ELEVEN AUTHENTICATION (GEA) announces today a new frontier in card grading and authentication. Built on the belief that grading can be more than technical, GEA introduces a new collector experience where precision, innovation, and design come together—reframing the slab not only as protection, but as part of the collectible itself.

More images can be found HERE

The Next Generation of Card Grading

Launching from Hong Kong—one of Asia’s most influential cultural and creative hubs—GEA is built to serve both dedicated collectors and new audiences entering the rapidly growing world of trading cards. With a concept never-before-seen in the card grading category, refined presentation, modern security, reliable expertise, and a streamlined service journey, GEA aims to deliver a grading experience as premium as the collectibles it protects.

On top of offering exclusive, rare artist-designed slabs for recognized top-tier submissions, each card submitted to GEA will be encased in a designed slab, expanding the value of the collectible. New collectors will be able to experience a stress-free card grading process with a team of experts working on a market-leading turnaround time—from submission to shipping. 

Transforming Every Card Into Collectible Art

Redefining card grading, slabs will take a new look at GEA. Traditionally transparent with a simple information label on top, every card graded through GEA will be encased in a trait- or character-specific designed slab, such as a PIKACHU card with an electric trait-designed slab. Each design is created with the series in mind, incorporating elements that work to spotlight the encased card, while becoming a new form of collectible art. Current card series include POKÉMON Trading Card Game, ONE PIECE Card Game, DISNEY LORCANA Trading Card Game and HOW2WORK Collectible Card Game.

Instant Verification with NFC & Cryptographic Security

GEA slabs are embedded with NFC technology, enabling instant, secure verification with a tap of a smartphone. Each slab is paired with a cryptographic authentication mechanism designed to strengthen provenance and trust—giving collectors quick access to key certification details with confidence.

Leading Turnaround Times for Collectors Across Asia

With operations based in Hong Kong, GEA delivers a more efficient grading experience for collectors across the region—reducing wait times while maintaining a premium standard of inspection and encapsulation. The service model is designed to provide a faster path from submission to slab, without compromising quality. 

Introducing PRISTINE 11

GEA also announces PRISTINE 11, a new top-tier designation that goes beyond the market’s conventional GRADE 10 by recognizing cards that achieve an exceptional, near-flawless standard across all four grading areas: centering, corners, edges, and surface. Cards awarded the PRISTINE 11 distinction will be presented in an exclusive translucent slab to signify its status.

Submissions Now Open

Now accepting submissions, collectors can submit cards through GEA’s official channels to receive their first artist-designed slab. Submissions are currently open at the GEA office by appointment, while authorized partners CARD HOBBY, GENTRY CLUB, HOBBYX, and MTG MINT CARD will begin accepting submissions soon, with launch dates to be announced through GEA’s official channels.

Following launch, collectors can look forward to additional artist collaborations already in development. With plans to expand locally and regionally, GEA aims to lead a new category of collectible experience—one that deepens the connection between art, culture, and community through the future of grading.

NFC-Enabled – Instant Secure Verification

Optimized Size – Efficient Compact Storage

Authorized Dealers / Submission Center:

GRADING ELEVEN AUTHENTICATION (GEA)
1102-1105, 11/F, Block A, 83 King Lam Street, Cheung Sha Wan, Hong Kong

Card Hobby
No. 43 Gough Street, Central, Hong Kong

Gentry Club
8/F, K11 MUSEA, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong

HobbyX
Unit 02, 20/F, President Commercial Centre, 608 Nathan Road, Mong Kok, Hong Kong

HobbyX Plus
304, 3/F, K11 Art Mall, 18 Hanoi Road, Tsim Sha Tsui, Hong Kong

MTG Mint Card
Flat B, 9/F, Heep Kee Commercial Bldg, 205-211 Wing Lok St, Sheung Wan, Hong Kong

• The all-new Kia Seltos makes its global debut through an online world premiere themed ‘The Protagonist’
• Redesigned with authentic SUV styling and practical functionality
• Strengthens Kia’s SUV lineup, reaffirming its role as a key global model
• Empowers users to discover their true selves like a protagonist through a unique experience

SEOUL, South Korea, Dec. 10, 2025 /PRNewswire/ — Kia today unveiled the all-new Kia Seltos, the second generation of its globally successful subcompact SUV. Representing a bold evolution of one of Kia’s key models, the new Seltos underscores the brand’s design leadership and commitment to delivering refined practicality and advanced usability for modern lifestyles.

As a strategically significant global product, the all-new Kia Seltos has been re-engineered to offer a more confidence-inspiring driving experience and smarter everyday usability. Building on its reputation for value and reliability, the new model combines authentic SUV presence with intelligent technology and enhanced comfort, setting a new benchmark in the subcompact SUV segment.

The Protagonist: mobility for living as your true self

Kia debuted the all-new Kia Seltos through an online world premiere themed “The Protagonist.” The brand film presented at the launch portrays three individuals pursuing a new achievement, freedom and deeper connections with loved ones, reflecting how the Seltos empowers drivers to realize their passions and live as the protagonists of their own story.

“The Kia Seltos has always represented best-in-class value, and the next generation model builds on that legacy with an enriched offering that resonates with the diverse passions of our customers. Its expanded global presence and abundant practical and stylish features underline Kia’s commitment to meeting diverse mobility needs worldwide.” – Ho Sung Song, President and CEO of Kia Corporation

The Outstanding SUV: practical yet stylish and confident

The all-new Kia Seltos embodies Kia’s vision of a confident and versatile subcompact SUV that blends bold design, intelligent packaging and seamless connectivity. As a core model in Kia’s global SUV lineup, Seltos reflects the brand’s bold and progressive identity — functional, comfortable and ready for any lifestyle.

Designed for those who value individuality and versatility, the all-new Kia Seltos combines urban agility with family-ready practicality. Improved cabin space and smarter convenience features make daily driving both effortless and enjoyable.

For more information, visit the Kia Global Media Center at www.kianewscenter.com

NESS ZIONA, Israel, Dec. 10, 2025 /PRNewswire/ — VisIC Technologies Ltd., a pioneer in Gallium Nitride (GaN) power semiconductors for electric mobility, today announced the successful second closing of its Round B funding, securing $26 million. The round was led by a global semiconductor leader, with HKMC joining as a strategic investor. This milestone reinforces VisIC’s position at the forefront of GaN innovation for EV traction inverters and strengthens its role in enabling next-generation electric mobility.

The lead investor’s focus on advancing critical semiconductor technologies complements VisIC’s proprietary D³GaN™ platform, designed to deliver unmatched efficiency, scalability, and reliability for automotive drivetrains. HKMC’s participation underscores its commitment to integrating GaN technology into mass-production EV platforms.

The global EV market is experiencing rapid growth, with automakers racing to improve driving range, reduce costs, and meet stricter sustainability targets. A critical bottleneck lies in the efficiency and scalability of power electronics, particularly traction inverters, which directly impact vehicle performance and energy consumption.

Problem Statement
Traditional silicon-based solutions struggle to deliver the efficiency and power density required for next-generation EV platforms, especially at higher voltages. While SiC (Silicon Carbide) devices offer improved performance, their high cost and complex manufacturing limit widespread adoption. VisIC’s GaN-based D³GaN™ technology addresses these limitations by enabling smaller, lighter, and more efficient inverters—unlocking new possibilities for both 400V and 800V architectures.

Use of Funds
The new capital will accelerate VisIC’s roadmap, including:

• Optimization, qualification, and release of Gen3 750V GaN dice and power modules.
• Development of Gen4 1350V GaN technology, supporting the full spectrum of EV designs.
• Stabilization of the supply chain and ramp-up of GaN product delivery for EV traction inverters.
• Expansion into emerging 800V data center power requirements, leveraging the same advanced GaN platform.

Executive Quotes
Tamara Baksht, CEO of VisIC Technologies:
“This investment marks a major milestone for VisIC and the global EV industry. Our D³GaN technology is redefining power electronics for electric vehicles, and the support of our strategic partners accelerates our mission to deliver high-efficiency, scalable solutions for the next generation of mobility.”

 Hyundai Motor Company and Kia:
“Hyundai Motor Company and Kia are committed to advancing sustainable mobility. Partnering with VisIC enables us to integrate cutting-edge GaN power technologies into our EV platforms, enhancing efficiency, reliability, and performance as we shape the future of electric transportation.”

Contact:

Dieter Liesabeths
dieter@visic-tech.com