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EVOLVE Debuts A Unique Multi-Asset RWA Project Backed by Institutional Titans

HONG KONG, Aug. 7, 2025 /PRNewswire/ — At the event “Curating Alpha: Intelligent RWA around the globe” in Bangkok yesterday, CMAG Funds, Mile Green, Amber Premium (NASDAQ: AMBR) and Jovay (Layer 2 by Ant Digital Technologies) alongside a consortium of seasoned institutional veterans jointly unveiled EVOLVE RWA, a breakthrough tokenized multi-asset Real World Asset (RWA) initiative bridging electric vehicle (EV) ecosystem, green energy and real estate.

EVOLVE RWA ushers in a new era of tokenized asset innovation by transforming traditionally passive capital into actively managed, liquid and technology-driven portfolios with seamless global capital mobility across traditional finance (TradFi) and decentralized finance (DeFi). Targeting high-growth corridors around the globe—starting from Southeast Asia—EVOLVE tokenizes a carefully curated and diversified portfolio comprising income-generating EV ecosystem and real estate, undervalued and special situation assets.

By enabling fractionalized ownership, EVOLVE lowers traditional entry barriers and opens access to previously inaccessible real-world assets to a larger group of investors. Its dual return model combines stable yields from operating cash inflows with potential to capture asset value upside, effectively mobilizing capital across the Web2 and Web3 spaces.

Powered by Industry-Leading Consortium

Led by CMAG Funds (spearheaded by SFC-licensed Wonder Capital Group and Chatchaval Jiaravanon, a key CP family member and owner of FORTUNE Media) and Mile Green, a sustainable energy solution provider dual-headquartered in Hong Kong and Thailand, EVOLVE unites a consortium of professional veterans and strategic partners from the Web2 and Web3 ecosystems, including but not limited to:

  • Amber Premium, Jovay (Layer 2 by Ant Digital Technologies), Collaterize and Lightnet Group for RWA infrastructure, blockchain technology, distribution, cross-border and on-ramp or off-ramp settlements
  • Horizon Asset Management, MUNG Legal, Jones Lang Lasalle (JLL) andDeloitte for asset management, legal and compliance, valuation, ESG reporting and project advisory

Wayne Huo, Co-Founder & CEO of Amber Premium, commented, “We’re proud to be a part of EVOLVE, joining members from the Web2 and Web3 ecosystem to unlock real-world asset access and unleash new investment potential by delivering our secure, innovative solutions alongside exclusive distribution channels for investors in the region and beyond.” and Dennis Zhang, Global Head of RWA of Ant Digital Technologies, added, “This will be a remarkable milestone – our recent launch of Jovay will be a perfect solution for EVOLVE. We look forward to partnering with the leading firms to cultivate innovation in the RWA space.”

Offering a Unique Portfolio of Multi-Assets

Unlike typical single-asset tokenized projects, EVOLVE offers a multi-asset portfolio blending stable income with value-generating returns. This comprises EV and EV-charging income, real estate rental and interest income providing predictable yields, as well as special-situation and distressed assets offering potential upside. The convergence of new energy and real estate, together with ESG-led value enhancement initiatives, creates significant growth prospects.

“EVOLVE is the world-first unique RWA project integrating income and value-generating EV ecosystem, real estate and clean energy through tokenization,” Maverick Hui, Founder and Executive Chairman of Mile Green & EVOLVE, said. “Following our successful pilot launch on Collaterize showcased in the event, we are joining forces with the market-leading partners to maximize synergy and impact. Also, with our solid presence in Hong Kong and Thailand – markets well-known for supportive regulatory frameworks, EVOLVE leverages our resources and network as a foundation of success.”

Built on a Global Borderless Settlement Infrastructure

At its core, EVOLVE features an integrated, stablecoin-based architecture designed to enable seamless and borderless capital deployment and transaction flows. Leveraging multi-fiat pegged stablecoins, the platform accelerates financing for asset acquisitions and EV infrastructure rollouts, enabling instant and multi-national settlements.

“Stablecoin evolvement is a catalyst to fascinate the development of RWA around the globe. Lightnet, one of our group companies has already demonstrated a swift conversion of stablecoin to-and-from fiat across Southeast Asia. We look forward to working together with the Hong Kong stablecoin issuers and operators to replicate our pioneer advantage and success”, Chatchaval Jiaravanon, Chairman of Lightnet, Founding Partner of CMAG Funds and Owner of FORTUNE Magazine said. 

With a robust regulatory regime for stablecoin and crypto now firming up in Hong Kong, and strategic partners spanning the region and the global Web3 ecosystem, EVOLVE is setting a new standard for accessing, managing, and scaling real-world assets worldwide.

Gigi Chan, Founder and CEO of Wonder Capital Group and Founding Partner of CMAG Funds, stated, “As the convergence of real-world infrastructure and blockchain finance accelerates, EVOLVE provides a scalable and interoperable tool to mobilize, allocate, and grow capital for both TradFi and DeFi market players globally.  Coming from a TradFi background, I’m excited to witness the real and virtual worlds merge through initiatives like EVOLVE.”

-END-

About CMAG Funds

CMAG Funds is a series of Cayman funds managed by Wonder Capital Group with Mr. Chatchaval Jiaravanon as a strategic partner and investor. The investment strategy of CMAG Funds focuses on the real estate, sustainable energy and private credit sectors. Mr. Chatchaval Jiaravanon is a prominent member of CP Group family, Chairman and Founder of Charoen Energy and Water Asia and Lightnet Group, and the owner of Fortune Media.

About Mile Green

Dual headquartered in Hong Kong and Thailand, Mile Green is a sustainable energy solution provider and a cutting-edge automotive brand specializing in electric vehicles, founded and co-invested by a group of industrial and finance veterans from Hong Kong, followed by CMAG Funds and other global investors.

About Amber International (Operating Under the Brand Amber Premium)

Amber International Holding Limited (NASDAQ: AMBR), operating under the brand name “Amber Premium”, is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets.

About Jovay

Jovay is a cutting-edge Layer 2 blockchain built by Ant Digital Technologies for institutional-grade use cases. It delivers high-performance, user-friendly Layer 2 scaling solution that aims to break through the scalability bottleneck of blockchain through the scalability bottleneck of blockchain through innovative technologies while maintaining compatibility with the Ethereum ecosystem.

About Collaterize

Collaterize is a pioneering on-chain fintech platform dedicated to democratizing asset accessibility through blockchain technology. By transforming illiquid assets like real estate, private equity, commodities, and collectibles into programmable utility tokens, Collaterize enables issuers to raise and trade value on liquid DeFi markets.

About Lightnet

Lightnet is a Singapore-based fintech group with regional hubs in Lithuania and Dubai, and operations in Thailand, Indonesia, and the Philippines. Our operation is fully legal and compliant, with licenses in multiple countries and jurisdictions globally. Via our flagship product, Liquidnet, we offer a cross-border payment solution infrastructure for money transfer operators, local banks, and corporates. With our mobile application, LightRemit, our retail customers and SMEs across Southeast Asia can send money to their families, friends, and business partners around the world.

About Horizon Asset Management

Horizon Asset Management Company Limited, licensed by the Bank of Thailand, is dedicated to the effective resolution of non-performing loans (NPLs) within the financial sector. The company’s strategy focuses on acquiring corporate NPLs through competitive bidding and direct negotiations, enabling tailored restructuring solutions that optimize recovery. Horizon’s approach supports sustainable business operations for debtors while contributing to long-term economic stability and growth.

About MUNG Legal

MUNG is a boutique law firm specializing in emerging technology fields including blockchain, decentralized science, artificial Intelligence, art and intellectual property laws with presence in mainland China, Hong Kong, Singapore, BVI and Cayman Islands. MUNG is the first dedicated blockchain law practice in Hong Kong and has won landmark blockchain cases. Its list of celebrity clients included world-renowned sports personalities and teams.

 

Left to right: Nupong Phornprapha, Founder & Director, Horizon Asset Management; Tridbodi Arunanondchai, Co-founder & Vice Chairman, Lightnet; David Dai, CEO, Jovay; Dennis Zhang, Global Head of RWA Solutions, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Maverick Hui, Founder & Executive Chairman, Mile Green & EVOLVE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds; Dannis Lee, Director, Mile Green & Advisor, CMAG Funds; Monin Ung, Managing Partner, Mung Legal
Left to right: Nupong Phornprapha, Founder & Director, Horizon Asset Management; Tridbodi Arunanondchai, Co-founder & Vice Chairman, Lightnet; David Dai, CEO, Jovay; Dennis Zhang, Global Head of RWA Solutions, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Maverick Hui, Founder & Executive Chairman, Mile Green & EVOLVE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds; Dannis Lee, Director, Mile Green & Advisor, CMAG Funds; Monin Ung, Managing Partner, Mung Legal

 

Left to right: Dennis Zhang, Global Head of RWA, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds
Left to right: Dennis Zhang, Global Head of RWA, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds

 

Media Contact
marketing@milegreen.biz or michelleshi@dlkadvisory.com
Eva Ma / Rusi Zeng, Mile Green Hong Kong: +852 8402 8872
Belle Mahakittikun / Witcha Chitruttanarut (Jo), Mile Green Thailand: +66 86 416 0027
Michelle Shi, DLK Advisory: +852 2857 7101

EVOLVE Debuts A Unique Multi-Asset RWA Project Backed by Institutional Titans

SINGAPORE, Aug. 7, 2025 /PRNewswire/ — At the event “Curating Alpha: Intelligent RWA around the globe” in Bangkok yesterday, CMAG Funds, Mile Green, Amber Premium (NASDAQ: AMBR) and Jovay (Layer 2 by Ant Digital Technologies) alongside a consortium of seasoned institutional veterans jointly unveiled EVOLVE RWA, a breakthrough tokenized multi-asset Real World Asset (RWA) initiative bridging electric vehicle (EV) ecosystem, green energy and real estate.

EVOLVE RWA ushers in a new era of tokenized asset innovation by transforming traditionally passive capital into actively managed, liquid and technology-driven portfolios with seamless global capital mobility across traditional finance (TradFi) and decentralized finance (DeFi). Targeting high-growth corridors around the globe—starting from Southeast Asia—EVOLVE tokenizes a carefully curated and diversified portfolio comprising income-generating EV ecosystem and real estate, undervalued and special situation assets.

By enabling fractionalized ownership, EVOLVE lowers traditional entry barriers and opens access to previously inaccessible real-world assets to a larger group of investors. Its dual return model combines stable yields from operating cash inflows with potential to capture asset value upside, effectively mobilizing capital across the Web2 and Web3 spaces.

Powered by Industry-Leading Consortium
Led by CMAG Funds (spearheaded by SFC-licensed Wonder Capital Group and Chatchaval Jiaravanon, a key CP family member and owner of FORTUNE Media) and Mile Green, a sustainable energy solution provider dual-headquartered in Hong Kong and Thailand, EVOLVE unites a consortium of professional veterans and strategic partners from the Web2 and Web3 ecosystems, including but not limited to:

  • Amber Premium, Jovay (Layer 2 by Ant Digital Technologies), Collaterize and Lightnet Group for RWA infrastructure, blockchain technology, distribution, cross-border and on-ramp or off-ramp settlements
  • Horizon Asset Management, MUNG Legal, Jones Lang Lasalle (JLL) andDeloitte for asset management, legal and compliance, valuation, ESG reporting and project advisory

Wayne Huo, Co-Founder and CEO of Amber Premium, commented, “We’re proud to be a part of EVOLVE, joining members from the Web2 and Web3 ecosystem to unlock real-world asset access and unleash new investment potential by delivering our secure, innovative solutions alongside exclusive distribution channels for investors in the region and beyond.” and Dennis Zhang, Global Head of RWA of Ant Digital Technologies, added, “This will be a remarkable milestone – our recent launch of Jovay will be a perfect solution for EVOLVE. We look forward to partnering with the leading firms to cultivate innovation in the RWA space.”

Offering a Unique Portfolio of Multi-Assets 
Unlike typical single-asset tokenized projects, EVOLVE offers a multi-asset portfolio blending stable income with value-generating returns. This comprises EV and EV-charging income, real estate rental and interest income providing predictable yields, as well as special-situation and distressed assets offering potential upside. The convergence of new energy and real estate, together with ESG-led value enhancement initiatives, creates significant growth prospects.

“EVOLVE is the world-first unique RWA project integrating income and value-generating EV ecosystem, real estate and clean energy through tokenization,” Maverick Hui, Founder and Executive Chairman of Mile Green & EVOLVE, said. “Following our successful pilot launch on Collaterize showcased in the event, we are joining forces with the market-leading partners to maximize synergy and impact. Also, with our solid presence in Hong Kong and Thailand – markets well-known for supportive regulatory frameworks, EVOLVE leverages our resources and network as a foundation of success.”

Built on a Global Borderless Settlement Infrastructure
At its core, EVOLVE features an integrated, stablecoin-based architecture designed to enable seamless and borderless capital deployment and transaction flows. Leveraging multi-fiat pegged stablecoins, the platform accelerates financing for asset acquisitions and EV infrastructure rollouts, enabling instant and multi-national settlements.

“Stablecoin evolvement is a catalyst to fascinate the development of RWA around the globe. Lightnet, one of our group companies has already demonstrated a swift conversion of stablecoin to-and-from fiat across Southeast Asia. We look forward to working together with the Hong Kong stablecoin issuers and operators to replicate our pioneer advantage and success”, Chatchaval Jiaravanon, Chairman of Lightnet, Founding Partner of CMAG Funds and Owner of FORTUNE Magazine said.

With a robust regulatory regime for stablecoin and crypto now firming up in Hong Kong, and strategic partners spanning the region and the global Web3 ecosystem, EVOLVE is setting a new standard for accessing, managing, and scaling real-world assets worldwide.

Gigi Chan, Founder and CEO of Wonder Capital Group and Founding Partner of CMAG Funds, stated, “As the convergence of real-world infrastructure and blockchain finance accelerates, EVOLVE provides a scalable and interoperable tool to mobilize, allocate, and grow capital for both TradFi and DeFi market players globally.  Coming from a TradFi background, I’m excited to witness the real and virtual worlds merge through initiatives like EVOLVE.”

About CMAG Funds 
CMAG Funds is a series of Cayman funds managed by Wonder Capital Group with Mr. Chatchaval Jiaravanon as a strategic partner and investor. The investment strategy of CMAG Funds focuses on the real estate, sustainable energy and private credit sectors. Mr. Chatchaval Jiaravanon is a prominent member of CP Group family, Chairman and Founder of Charoen Energy and Water Asia and Lightnet Group, and the owner of Fortune Media.

About Mile Green
Dual headquartered in Hong Kong and Thailand, Mile Green is a sustainable energy solution provider and a cutting-edge automotive brand specializing in electric vehicles, founded and co-invested by a group of industrial and finance veterans from Hong Kong, followed by CMAG Funds and other global investors.

About Amber International (Operating Under the Brand Amber Premium)
Amber International Holding Limited (NASDAQ: AMBR), operating under the brand name “Amber Premium”, is a leading provider of institutional crypto financial services and solutions. A subsidiary of Amber Group, Amber Premium delivers institutional-grade market access, execution infrastructure, and investment solutions to help institutions and high-net-worth individuals optimize their digital asset portfolios. The firm offers a regulated, scalable financial ecosystem powered by proprietary blockchain and financial technologies, AI-driven risk management, and quantitative algorithms across CeFi, DeFi, and OTC markets.

About Jovay 
Jovay is a cutting-edge Layer 2 blockchain built by Ant Digital Technologies for institutional-grade use cases. It delivers high-performance, user-friendly Layer 2 scaling solution that aims to break through the scalability bottleneck of blockchain through the scalability bottleneck of blockchain through innovative technologies while maintaining compatibility with the Ethereum ecosystem.

About Collaterize
Collaterize is a pioneering on-chain fintech platform dedicated to democratizing asset accessibility through blockchain technology. By transforming illiquid assets like real estate, private equity, commodities, and collectibles into programmable utility tokens, Collaterize enables issuers to raise and trade value on liquid DeFi markets.

About Lightnet
Lightnet is a Singapore-based fintech group with regional hubs in Lithuania and Dubai, and operations in Thailand, Indonesia, and the Philippines. Our operation is fully legal and compliant, with licenses in multiple countries and jurisdictions globally. Via our flagship product, Liquidnet, we offer a cross-border payment solution infrastructure for money transfer operators, local banks, and corporates. With our mobile application, LightRemit, our retail customers and SMEs across Southeast Asia can send money to their families, friends, and business partners around the world.

About Horizon Asset Management
Horizon Asset Management Company Limited, licensed by the Bank of Thailand, is dedicated to the effective resolution of non-performing loans (NPLs) within the financial sector. The company’s strategy focuses on acquiring corporate NPLs through competitive bidding and direct negotiations, enabling tailored restructuring solutions that optimize recovery. Horizon’s approach supports sustainable business operations for debtors while contributing to long-term economic stability and growth. 

About MUNG Legal
MUNG is a boutique law firm specializing in emerging technology fields including blockchain, decentralized science, artificial Intelligence, art and intellectual property laws with presence in mainland China, Hong Kong, Singapore, BVI and Cayman Islands. MUNG is the first dedicated blockchain law practice in Hong Kong and has won landmark blockchain cases. Its list of celebrity clients included world-renowned sports personalities and teams.

EVENT PHOTO

Industry-Leading Consortium for EVOLVE

Left to right: Nupong Phornprapha, Founder & Director, Horizon Asset Management; Tridbodi Arunanondchai, Co-founder & Vice Chairman, Lightnet; David Dai, CEO, Jovay; Dennis Zhang, Global Head of RWA Solutions, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Maverick Hui, Founder & Executive Chairman, Mile Green & EVOLVE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds; Dannis Lee, Director, Mile Green & Advisor, CMAG Funds; Monin Ung, Managing Partner, Mung Legal
Left to right: Nupong Phornprapha, Founder & Director, Horizon Asset Management; Tridbodi Arunanondchai, Co-founder & Vice Chairman, Lightnet; David Dai, CEO, Jovay; Dennis Zhang, Global Head of RWA Solutions, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Maverick Hui, Founder & Executive Chairman, Mile Green & EVOLVE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds; Dannis Lee, Director, Mile Green & Advisor, CMAG Funds; Monin Ung, Managing Partner, Mung Legal

Fireside Talk – RWA Reality Check: Liquidity vs Alpha

Left to right: Dennis Zhang, Global Head of RWA, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds
Left to right: Dennis Zhang, Global Head of RWA, Ant Digital Technologies; Chatchaval Jiaravanon, Chairman, Lightnet, Founding Partner, CMAG Funds & Owner of FORTUNE; Wayne Huo, Co-Founder & CEO, Amber Premium; Gigi Chan, Founder & CEO, Wonder Capital Group & Founder Partner, CMAG Funds

Media Contact
marketing@milegreen.biz or michelleshi@dlkadvisory.com
Eva Ma / Rusi Zeng, Mile Green Hong Kong: +852 8402 8872
Belle Mahakittikun / Witcha Chitruttanarut (Jo), Mile Green Thailand: +66 86 416 0027
Michelle Shi, DLK Advisory: +852 2857 7101

Unlocking Pakistan’s Digital Future: GSMA Highlights Opportunities and Progress at Digital Nation Summit Islamabad

ISLAMABAD, Aug. 7, 2025 /PRNewswire/ — The GSMA today hosted the second edition of its Digital Nation Summit Islamabad recognising the Ministry of Information Technology and Telecommunication (MoITT), the Pakistan Telecommunication Authority (PTA), and the Pakistan’s mobile network operators for their tireless efforts and contributions toward advancing the country’s digital landscape.

During the summit, the GSMA published Unlocking Pakistan’s Digital Potential: Reform, Trust and Opportunity, a new report highlighting policy opportunities for the country to close one of Asia Pacific’s most significant mobile-internet usage gaps and position Pakistan as a regional digital leader.

Speaking to key decision makers at the GSMA’s Digital Nation Summit in Islamabad, Julian Gorman, the GSMA’s Head of Asia Pacific detailed the key findings and recommendations from the report. He outlined how mobile technologies and services are transforming Asian economies and can contribute an additional US $1.4 trillion in gross domestic product (GDP) for the region by 2030. However, he raised concerns that Pakistan risks missing out: although 81% of the country’s population is covered by mobile broadband and 68% own a smartphone, only 29% of people used the mobile internet last year, leaving a 52% usage gap – the highest among major regional markets.

Pakistan has the talent, ambition and vision to be a digital powerhouse, but policy barriers are holding it back,” said Julian Gorman, Head of Asia Pacific, GSMA. “High spectrum prices, heavy sector-specific taxes and regulatory uncertainty are limiting investment at the very moment Pakistan needs affordable, high-quality connectivity the most. Reform is no longer optional – it is essential for economic growth, social inclusion and global competitiveness.”

Pakistan’s Federal Minister for IT & Telecom, Shaza Fatima Khawaja, said: Pakistan is not merely adapting to the digital age, we are shaping it with purpose and precision. Guided by Prime Minister Shehbaz Sharif’s vision, the Ministry of IT & Telecom is advancing a resilient and inclusive digital ecosystem where innovation drives economic growth and technology empowers every citizen.”

To help further progress Pakistan’s digital acceleration the GSMA report outlines policy opportunities to speed advancement. These include a call for comprehensive spectrum reform, alignment of fiscal policy with Pakistan’s digital-development goals, building digital trust and inclusion, and streamlining regulation to foster resilience and innovation. 

Read the full press release, report and policy recommendations: here.

HTX Partners with World Liberty Financial to Support USD1 Points Program

PANAMA CITY, Aug. 7, 2025 /PRNewswire/ — HTX, a global leading cryptocurrency exchange, is proud to announce its partnership with World Liberty Financial (WLFI), becoming one of the esteemed launch partners for the USD1 Points Program — the world’s first global loyalty initiative built exclusively around the USD1 stablecoin.

HTX Supports World Liberty Financial's USD1 Points Program as Launch Partner
HTX Supports World Liberty Financial’s USD1 Points Program as Launch Partner

As one of the pioneering exchanges to collaborate with WLFI— and notably, the first exchange globally to list USD1 — HTX reaffirms its commitment to advancing a compliant, user-centric stablecoin ecosystem. This strategic alliance reflects HTX’s ongoing mission to promote innovation and sustainable adoption in the crypto space.

“At HTX, we believe stablecoins are central to the future of digital finance,” said Justin Sun, Advisor to HTX. “We are proud to support the development of USD1 and this groundbreaking loyalty program. As stablecoins become foundational in global trading, payments, and the on-chain ecosystem, we remain committed to driving their growth through reliable trading infrastructure, trusted partnerships, and forward-thinking initiatives.”

Introduction to WLFI and USD1

World Liberty Financial (WLFI), founded by U.S. President Donald J. Trump (Co-Founder Emeritus), Steve Witkoff (Co-Founder Emeritus), Eric Trump, Donald Trump Jr., Barron Trump, Zach Witkoff, Alex Witkoff, Chase Herro, and Zak Folkman, is a financial technology company at the forefront of merging digital asset innovation with American values and economic sovereignty. With deep-rooted connections to U.S. leadership, WLFI is driving a movement to establish stablecoins as a cornerstone of the global financial system.

Its flagship asset, USD1, exemplifies regulatory-grade compliance and financial integrity. USD1 stands out as a stablecoin that is fully backed by short-term U.S. Treasuries, dollar deposits, and cash equivalents. This backing strategy is meticulously managed by WLFI to ensure that the value of USD1 remains tightly aligned with the U.S. dollar. With institutional-grade reserves and trusted custody partners, USD1 aims to become a foundational layer for digital payments, trading, and DeFi applications worldwide.

USD1 Points Program Benefits

The USD1 Points Program brings to crypto what loyalty programs have done for traditional industries like airlines, hotels, and credit cards. For the first time, stablecoin users can earn rewards for helping build a more sovereign and decentralized financial future.

Through this program, HTX will enable users to earn points by trading USD1 pairs, holding USD1 in balances, and staking USD1 on the platform.

Looking Ahead

HTX is honored to join this movement alongside fellow industry leaders and support the growth of the USD1 stablecoin. This collaboration marks another milestone in HTX’s commitment to bringing secure, innovative, and user-focused products to the global crypto community.

More information will be shared later on about the program initiatives. Together with WLFI and other partners, HTX is building a more inclusive and rewarding future — one point at a time.

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.

Giant Carpentry Powers HA Sisters Beauty Bakery Pop-Up at Orchard Central with Custom Event Booth Build

SINGAPORE, Aug. 7, 2025 /PRNewswire/ — Giant Carpentry Pte Ltd, a leading event and exhibition setup specialist in Singapore, recently completed the HA Sisters Beauty Bakery Pop-Up Event at Orchard Central, providing full booth construction and on-site execution. The successful project highlights the company’s growing role as a reliable partner for brand activations, exhibitions, and corporate events.

The Orchard Central activation featured two functional event zones built by Giant Carpentry’s in-house team: a main exhibition area and a stage zone. The company managed the entire build, from fabrication and logistics to on-site setup and dismantling. Custom elements included box-up structures with columns, glass, doors, integrated lighting, floor stickers, and a customer photo zone to boost engagement.

“We handle the build so our clients can focus on the brand experience,” said a representative from Giant Carpentry. “Our goal is to help them deliver a strong brand presence at events efficiently and stress-free.”

View full project details here: https://giantcarpentry.com/ha-sisters-beauty-bakery 

Streamlining Brand Activations and Corporate Events

Managing an event booth often involves multiple vendors, tight timelines, and complex logistics. Giant Carpentry simplifies this process by offering end-to-end support, including fabrication, transportation, installation, and teardown.

Clients provide the design direction while Giant Carpentry handles execution with professionalism, ensuring each project is delivered on time, within budget, and to high standards. This full-service model has made the company a trusted partner for experiential agencies, corporate brands, and event planners.

Serving Brand Activations, Corporate Clients, and Event Planners

Giant Carpentry’s services are tailored for a wide range of clients, including:

  • Corporate brands participating in exhibitions or regional roadshows
  • Brand activation agencies executing experiential campaigns
  • Wedding and pop-up event organisers seeking customised builds

From compact backdrops to large-scale booth setups, the company provides reliable, hands-on support that enhances any event’s visual impact, without overcomplicating the process.

Let’s Build Your Next Event Together

Whether you’re planning a brand activation, exhibition, or themed event, Giant Carpentry is ready to bring your ideas to life with efficiency and excellence.

Contact Giant Carpentry

Hotline: +65 6983 5693

WhatsApp: +65 9816 0134

Email: sales@giantcarpentry.com 

Website: https://giantcarpentry.com

Binance Users Can Now Effortlessly Convert Crypto and Withdraw Funds to their Mastercard

New capabilities enable Binance users in Europe to convert crypto to fiat and transfer or withdraw funds to an eligible Mastercard in near real-time, simplifying everyday spending. 

DUBAI, UAE, Aug. 7, 2025 /PRNewswire/ — Binance, the world’s largest cryptocurrency exchange by trading volume and users, today announced that European users can now convert their crypto into fiat currency and transfer or withdraw the funds directly to an eligible Mastercard with near-real time availability. 

Binance users can now effortlessly convert crypto and withdraw funds to their Mastercard
Binance users can now effortlessly convert crypto and withdraw funds to their Mastercard

The new “Buy & Sell” service, available on both the Binance website and app, is powered by Mastercard Move, Mastercard’s portfolio of money movement solutions. The feature lets users choose to either sell their crypto and transfer the fiat balances to their card or withdraw their existing fiat balance to Card. It streamlines off-ramping by offering a fast, simple and secure way to access funds, adding another convenient withdrawal option in addition to bank transfers and other supported methods.

Sell to Card vs Withdraw to Card on Binance

Aspect

Sell to Card Feature

Withdraw to Card Feature

Primary
Function

Convert cryptocurrency to desired fiat,
directly sending fiat to a linked and eligible
card with near-real time funds availability*

Withdraw existing Euro
balance directly to card with
near-real time funds
availability*

Use Case

For users holding crypto who want to
immediately cash out 

For users who already have a
Euro balance on Binance and
want to withdraw it

Currency
Supported

Currently available for Euro-based payouts,
with support for more fiat currencies coming
soon

Euro-based payouts only

“At Binance, we are proud of our focus on users which has garnered the trust of nearly 300 million users and continue to further the experience for them,” said Binance Vice President of Fiat, Thomas Gregory. “The new Sell to Card and Withdraw to Card features streamline and enhance the user experience, making payouts of crypto proceeds simpler and faster than ever for our users.”

“Our goal is to continue expanding our services with global leaders and innovators in digital payments, like Mastercard, to widen access and possibilities for our broad global user base. We are looking forward to supporting additional products and features and we remain committed to the highest standards of regulatory compliance along with our world-class security and user protection efforts.”

“Mastercard is committed to unlocking the true potential of crypto assets for everyday use. Through our global partnership with Binance, we are thrilled to bring an enhanced payout experience to Binance users across Europe, enabled through Mastercard Move,” said Scott Abrahams, executive vice president, Global Partnerships, Mastercard.

Cyient Semiconductors Enters Strategic Channel Partnership with GlobalFoundries

HYDERABAD, India, Aug. 7, 2025 /PRNewswire/ — Cyient Semiconductors Private Limited, a fast-growing custom silicon company, announced a strategic Channel Partner Agreement with GlobalFoundries (GF), one of the world’s leading pure-play semiconductor foundries. Under the agreement, Cyient Semiconductors becomes an authorized reseller of GF’s semiconductor manufacturing services and technologies.

This collaboration is a significant step toward expanding access to GF’s advanced semiconductor manufacturing capabilities and high-performance, energy-efficient process technologies. As a channel partner, Cyient Semiconductors will provide companies with fabrication access, technical consultation, design enablement, assembly, testing, and other value-added services to accelerate innovation and reduce time-to-market

“This partnership unlocks a new dimension in our growth strategy,” said Suman Narayan, CEO of Cyient Semiconductors. “It positions us to serve the fast-growing ecosystem of fabless companies with access to world-class foundry capabilities and advanced technologies from GlobalFoundries. By combining this with Cyient Semiconductor’s turnkey ASIC capabilities, we are excited to play a catalyst role in accelerating semiconductor innovation across automotive, industrial, medical, and communication sectors,” he added.

As part of the agreement, Cyient Semiconductors will collaborate closely with GlobalFoundries to enable a smooth transition from concept to production for its emerging customers. A dedicated team has been established to ensure efficient coordination, technical support, and service delivery. “Cyient Semiconductors brings strong domain expertise, customer-centricity, and complementary design capabilities that align perfectly with GF’s mission to expand our strategic alliances across the semiconductor industry and deliver innovative technologies for essential industries globally,” said Samuel Vicari, Chief Customer Officer at GlobalFoundries. “Together, we will empower next-generation companies to scale faster and smarter, without compromising on the quality and reliability expected from a leading global foundry.”

The agreement also reinforces GF’s channel strategy to serve high-potential but underrepresented customers, while enabling Cyient Semiconductors to deepen its presence in the global semiconductor value chain.

About Cyient Semiconductor

Cyient Semiconductors, a Cyient Group company, delivers high-performance, power-efficient silicon solutions across analog, mixed-signal, RF, and digital domains. Serving HPC, data centres, industrial automation, communications, automotive, and healthcare sectors, it supports the full chip lifecycle—from architecture to production—through both turnkey and design service models. The company works closely with leading semiconductor firms, OEMs, Tier-1s, and global partners across fabrication, OSAT, and IP to enable scalable, future-ready silicon innovation.

Gowtham Uyalla

Phalguna Hari jandhyala

Kaizzen PR

Cyient

gowtham.uyalla@kaizzencomm.com

Phalguna.Harijandhyala@cyient.com

 

Galaxy Data Center Announces Thailand Expansion in Landmark Meeting with Acting Prime Minister, Paving Way for Green Digital Hub

BANGKOK, Aug. 7, 2025 /PRNewswire/ — Bangkok, ThailandAugust 6, 2025 – Galaxy Data Center (GDC), a global sustainable digital infrastructure provider, is proud to announce its official expansion into Thailand with a planned investment of USD 2 billion. This landmark initiative will establish a state-of-the-art hyper-scale computing power and green energy synergy cluster in Rayong, located within Thailand’s Eastern Economic Corridor (EEC). The project aligns with Thailand 4.0 Strategy, aiming to catalyze investments across digital infrastructure and AI-related industries, fostering long-term technological and economic growth.


On August 6, 2025, at the Government House’s Peace and Friendship Building, Mr. Phumtham Wechayachai, Deputy Prime Minister, Minister of Home Affairs, and Acting Prime Minister of Thailand, presided over the high-profile forum “Prime Minister Meets Investors: Confidence in Thailand’s Future.” The event brought together government leaders and senior executives from global corporations with significant investments in Thailand. Galaxy Data Center was honored to be one of 30 leading global companies invited for the dialogue.


Before the forum, Mr. Feng Hui, Founder of Galaxy Data Center, had the privilege of holding a private audience with Acting Prime Minister Wechayachai for in-depth conversation. Mr. Feng Hui elaborated on GDC’s vision to position Thailand as a world-class green digital industry hub with global influence:


“As a global IDC provider committed to sustainable development, our investment in Thailand represents a strategic milestone in expanding our green digital energy ecosystem. By deploying GW-scale green AI data center (AIDC) technologies, integrating international green energy resources, and fostering partnerships, GDC will accelerate the development of a robust digital ecosystem in Rayong. Our initiatives include knowledge transfer, local talent development, and the establishment of Rayong as a premier green digital hub—creating transformative opportunities for the Thai people, the EEC, and the nation’s broader economic aspirations.”

Mr. Phumtham Wechayachai commended GDC’s proven sustainable model and advanced expertise, emphasizing its alignment with Thailand’s digital economy goals and the Thailand 4.0 Strategy. He assured full governmental support for the project and expressed strong confidence in GDC’s role in advancing Thailand’s AI and digital capabilities.

This historic engagement reinforces GDC’s commitment to collaborating with Thai partners in driving a new era of green and digital innovation. Together, GDC and Thai partners are poised to achieve sustainable growth and a prosperous future.