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HTX Premieres USD1 Stablecoin Globally, Partnering with World Liberty Financial to Forge a New Era of Decentralized Economy

SINGAPORE, May 6, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has officially announced the listing of the USD1 stablecoin, becoming the first platform worldwide to support trading of this asset. This milestone underscores HTX’s ongoing commitment to supporting high-quality blockchain projects and advancing the cryptocurrency ecosystem. USD1, a compliant stablecoin issued by World Liberty Financial (WLFI), is pegged 1:1 to the US dollar. The stablecoin is custodied by BitGo Trust Company, ensuring full compliance with US financial regulatory standards and providing users with a reliable digital asset solution.

USD1’s Vision: Disrupting Legacy Financial Systems

During TOKEN 2049, Justin Sun, Advisor to HTX and Founder of TRON engaged in a discussion with Eric Trump, son of the US President, and WLFI Co-founder Zach Witkoff. Zach directly addressed three fundamental challenges within the traditional financial system:

  • Lack of Transparency in Traditional Finance
  • Financial Exclusion of a Significant Global Population
  • Inefficient Cross-Border Payment Processes

The introduction of USD1 directly addresses these issues, aiming to redefine the concept of stablecoin. The goal for USD1 is to become the most compliant, transparent, and trustworthy stablecoin globally, evidenced by monthly audit reports and complete openness regarding its underlying asset reserves for institutional scrutiny. Eric Trump lauded the proactive role of compliant and transparent stablecoins like USD1 in promoting the internationalization of the US dollar and expressed optimism about the transformative potential of blockchain technology in reshaping traditional finance.

Justin emphasized that financial freedom is a core tenet of blockchain technology. The launch of USD1 and the collaboration with WLFI represent a significant step towards the convergence of DeFi and TraFi, with the aim of enabling every user to effortlessly utilize stablecoins via their mobile devices and participate in the global financial system.

As of May 6, USD1 has achieved a total market capitalization of approximately $2.12 billion, ranking prominently at 45th on CoinMarketCap, demonstrating rapid growth.

HTX Empowers Premium Projects, Fostering Long-Term Crypto Ecosystem Growth

As a leading global cryptocurrency exchange, HTX is committed to its listing strategy of “supporting quality projects and creating value for users.” Leveraging rigorous research capabilities and efficient execution, HTX provides users with a diverse selection of high-quality digital assets. USD1, with its strong issuing team background, clear asset collateralization mechanisms, stringent audit processes, transparent regulatory pathway, and ambitious vision for financial freedom, aligns with HTX’s established criteria for selecting premium assets. By being the first to list USD1, HTX offers its users enhanced investment options while simultaneously promoting the widespread adoption of blockchain technology within the global financial framework.

From WLFI’s perspective, choosing HTX as the primary listing platform for USD1 was a strategic decision based on the exchange’s comprehensive global market competitiveness. HTX consistently leads the industry in user base, trading volume, ecosystem development, and technological security.

Special Promotion for USD1 Launch on HTX

To commemorate the initial listing of USD1, HTX is offering a limited-time zero-fee trading promotion. From May 6, 2025, at 11:00 to December 31, 2025, at 23:59 (GMT+8), the USD1/USDT spot trading pair will be available with zero transaction fees. HTX’s rapid response and seamless user experience provide global users with an exceptional opportunity to participate early in the USD1 ecosystem.

Powerful Alliance Forges a New Chapter in Decentralized Finance

The launch of USD1 signifies a pivotal advancement in the stablecoin landscape. As the premier global listing platform for USD1, HTX, with its robust ecosystem resources and global influence, provides boundless possibilities for the rapid adoption and expanded use cases of USD1.

As Justin articulated at the TOKEN 2049 summit, “We stand at a historical juncture where blockchain technology will redefine the boundaries of financial freedom.” Moving forward, HTX will continue to uphold its principles of openness and innovation, collaborating with leading global projects to provide users with safer, more convenient, and efficient digital asset services, collectively shaping a remarkable future for decentralized finance.

About HTX

Founded in 2013, HTX 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 HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

Noodoe Unveils AI-Driven EV Charging, Driving Toward Autonomous Transportation

RICHARDSON, Texas, May 6, 2025 /PRNewswire/ — Noodoe, a global innovator in EV charging and energy management solutions, has launched its groundbreaking AI-powered charging management system, paving the way for the next generation of transportation. Featured in a recent Amazon Web Services (AWS) case study, Noodoe’s AI Advisor uses generative AI technology to optimize EV charging station pricing strategies, significantly enhancing revenues and station utilization, and setting the foundation for future autonomous vehicle integration.

Noodoe Boosts EV Charging Station Revenues by 10–25% with Generative AI Advisor
Noodoe Boosts EV Charging Station Revenues by 10–25% with Generative AI Advisor

Noodoe’s innovative AI-powered EV charging platform analyzes charging data in real time, providing station operators with optimized pricing recommendations tailored to individual charging stations. Within months of deployment, the solution has driven revenue increases of 10 to 25 percent per charging station.

“We are delivering smarter, AI-driven solutions today while laying the groundwork for future transportation infrastructure,” said Jennifer Chang, CEO of Noodoe. “AI Advisor is just the beginning. We’re actively building the next generation EV charging ecosystem essential for autonomous vehicle deployment.”

The solution, which integrates seamlessly into Noodoe’s time-proven operating system, underscores the company’s commitment to pioneering advanced, intelligent energy management technology. By employing advanced autonomous management and generative AI, Noodoe has achieved industry-leading operational reliability, maintaining 98 percent network uptime, strides beyond the industry average.

“We are excited about the immediate impacts our AI-powered system is delivering,” noted Roman Kleinerman, VP of Products at Noodoe. “This development has accelerated our innovation cycle, enabling us to deliver cutting-edge, data-driven insights to our customers and prepare for the broader transition to autonomous transportation.”

The full AWS case study detailing Noodoe’s AI-driven success story can be accessed here: https://aws.amazon.com/solutions/case-studies/noodoe/

About Noodoe: Noodoe is at the forefront of the EV revolution. Dedicated to facilitating the global transition towards sustainable, autonomous transportation through technical leadership and AI-powered software solutions, Noodoe creates the custom-built EV Operating System (EV OS) that empowers businesses worldwide to seamlessly enter or expand in local EV charging markets. Noodoe EV OS offers comprehensive solutions to many of the industry’s stickiest problems, automating and streamlining EV charging operations with cutting-edge reliability and the leading user experience. Committed to continuous innovation, Noodoe sets the bar for intelligent management systems in the EV charging industry. www.noodoe.com

Paradigm Therapeutics, Inc. Announces Investment by Eshelman Ventures, LLC to Support Completion of Development of SD-101 (Zorblisa™), A Topical Therapy for Treatment Across the Entire Skin Surface of All Subtypes of Epidermolysis Bullosa (EB)

First Topical Therapy Developed to Treat the Wounds and Lesions on the Entire Skin Surface Across All EB Subtypes

Funding to be Used for Completion of All Activities to Support Planned NDA Submission in the Second Half of 2025, Along with Plans for Commercialization in the U.S.

MT PLEASANT, S.C., May 6, 2025 /PRNewswire/ — Paradigm Therapeutics, Inc., a biopharmaceutical company, announces a $12.5 Million investment by Eshelman Ventures, LLC and appointment of Dr. Eshelman as a strategic advisor for Paradigm. SD-101 (Zorblisa™) is being developed as a topical whole-body treatment for all subtypes of Epidermolysis Bullosa (EB) patients. Funds will be used to complete all activities to support an NDA submission in the later part of 2025.

“We are excited about the opportunity to complete the development activities for SD-101 (Zorblisa™) and to move a path forward towards registration of this therapy for patients with all EB subtypes,” said Robert Ryan., Ph.D., Chief Executive Officer of Paradigm Therapeutics. “There is a tremendous need for novel whole skin surface treatment options for treating the debilitating skin effects across all patients with Epidermolysis Bullosa. The Paradigm Therapeutics team will be working passionately to provide patients with a new therapeutic alternative in this disease with limited whole-body treatment options. Paradigm’s goal is to provide this therapy to patients on a global basis and is working in parallel with potential partners to work towards this goal as quickly as possible.”

Dr. Ryan added, “Epidermolysis Bullosa is a devastating disease. We believe the clinical data show beneficial effects of the use of SD-101 across the range of EB patients, and strongly support progression towards registration. Results from the completed Phase II and Phase III trials indicate that SD-101 demonstrated a broad benefit with whole body treatment of the lesions and wounds on the entire skin surface in pediatric and adult patients across all EB patients, who have limited whole body treatment alternatives. Results also demonstrated that SD-101 has a favorable safety profile when used long term.”

“Eshelman Ventures is honored to invest in Paradigm Therapeutics and play a pivotal role in accelerating the development of SD-101 as a transformative treatment for Epidermolysis Bullosa,” said Dr. Eshelman, founder of Eshelman Ventures. “As an investor and strategic advisor, I am deeply committed to working closely with this exceptional team as we work tirelessly to bring this innovative therapy to patients in need. The urgency of addressing the challenges faced by EB patients is what drives us; our goal is to provide an improved quality of life in this area of unmet need. Together, we will strive to revolutionize treatment options and make a meaningful impact on the lives of those affected by this debilitating disease.”

About Epidermolysis Bullosa (EB)

Epidermolysis Bullosa is a rare, devastating genetic disorder causing very fragile skin that leads to severe skin blistering and open wounds often beginning at birth. There are no approved therapies that were developed to treat the entire skin surface of patients across all subtypes of EB patients, including wounds and lesional skin, which affects children and adults throughout their lifetimes. EB is a chronic disease, potentially disfiguring, and in some cases fatal. There are many genetic and symptomatic variations of EB, but all forms share the common symptom of fragile skin that blisters and tears, sometimes from the slightest friction or trauma.

About SD-101 (Zorblisa™)

SD-101 (Zorblisa™) is a topical cream that has demonstrated potential to provide improvement in treating the severe skin disruptions seen in patients across all EB subtypes. Phase II and Phase III studies were conducted in children and adults with either Simplex, Recessive Dystrophic (RDEB), or Junctional EB. A total of 217 EB patients were included in these studies. SD-101 was applied topically over the entire body daily in adults and children as young as 21 days old for a period of three months. The primary outcome measurement was assessment of target wound closure, in addition to secondary measurements including reduction in body surface area (BSA) coverage of blisters and wounds.

SD-101 (Zorblisa™) was the first EB treatment to receive the FDA’s Breakthrough Therapy designation. SD-101 (Zorblisa™) received Rare Pediatric Disease designation from the U.S. Food and Drug Administration (FDA) covering the broad treatment of EB. In addition to the Rare Pediatric Disease designation, SD-101 was granted Orphan Drug designation from the FDA and the European Commission (EC). Upon approval, Paradigm will be eligible to receive a Priority Review Voucher (PRV).  

About Paradigm Therapeutics, Inc.

Paradigm Therapeutics, Inc. is a privately held, clinical-stage pharmaceutical company focused on developing innovative therapies to address critical medical needs in the treatment of rare diseases. Paradigm’s main focus is the treatment of Epidermolysis Bullosa (EB). SD-101 (Zorblisa™), its leading therapy for the treatment of skin effects in patients with Epidermolysis Bullosa, has completed Phase II and Phase III clinical trials. SD-101 (Zorblisa™) is a topical cream that requires no special handling and can be stored at room temperature and has demonstrated potential to provide improvement in treating the severe skin effects seen in patients across all EB subtypes. 

Forward Looking Statement

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including: our dependence on third parties for the development, regulatory approval and successful commercialization of our products, the inherent risk of failure in developing product candidates based on new technologies, risks associated with the costs of clinical development efforts, as well as other risks. Actual results may differ materially from those projected. These forward-looking statements represent our judgment as of the date of the release. Paradigm disclaims any intent or obligation to update these forward-looking statements.

Company Contact

Dr. Robert Ryan

Chief Executive Officer

rryan@paradigmtherapeutics.com

(919)-274-0703

TTEC Expands India Operations with New Mohali Customer Experience Center, Adding 400 New Jobs

AUSTIN, Texas and MOHALI, India, May 6, 2025 /PRNewswire/ — TTEC Holdings, Inc. (NASDAQ: TTEC), a leading global customer experience (CX) technology and services innovator, today announced the expansion of its India operations with a new customer experience center in Mohali, also known as Sahibzada Ajit Singh Nagar (SAS Nagar).

This expansion will create 400 new jobs to support a major U.S.-based healthcare organization, with capacity to grow and serve additional clients as TTEC expands in the region.

President of TTEC Engage John Abou commented: “Today’s customer experience leaders are looking for smarter, more agile ways to deliver value—and digital first CX programs are the answer. By combining the unique knowledge of our front-line teams with the precision of AI-powered insights, our new Mohali Customer Experience Center will enable clients to elevate outcomes, streamline operations, and do so with speed, efficiency, and confidence.”

TTEC chose Mohali for its expansion due to the region’s scalable, English-proficient talent pool and strong cultural alignment with the company’s service-first mindset. Local values like seva (selfless service) and community cohesion naturally support TTEC’s human-centered approach to customer experience.

TTEC’s Mohali Customer Experience Center will initially operate from C-205, Phase 8B, Industrial Area, Sector 74, Mohali, Punjab 140308. The company anticipates moving in August to Quark City, an IT and tech hub located in Mohali.

New hires at TTEC’s state-of-the-art Mohali Customer Experience Center will leverage the company’s latest AI-enabled technology to deliver seamless, human-centric service experiences. This includes TTEC Perform, an AI-powered performance enablement platform that helps frontline teams continually improve; TTEC Let Me Know, a generative AI tool that speeds knowledge retrieval to improve the customer and employee experience; and TTEC Clarity, which improves communication through accent softening and voice-to-voice translation.

“We’re thrilled to continue our growth in India with this expansion into Mohali,” said TTEC Engage Senior Vice President of Asia Pacific Operations Arnab Ray. “This investment reflects both the incredible talent in the region and TTEC’s continued commitment to delivering exceptional experiences for our clients and their customers.”

This move builds upon TTEC’s significant growth in India, where the company has been operating for 24 years. In 2024, TTEC celebrated the one-year anniversaries of its Mumbai Customer Experience Center and Hyderabad Digital Innovation Studio, adding 800 positions to support these facilities. With approximately 3,500 employees across India, including sites in Ahmedabad and Chennai, TTEC continues to invest in the region’s talent and infrastructure.

Interested candidates can learn more about TTEC’s Mohali location here and can explore and apply to open positions here.

About TTEC
TTEC (pronounced T-TEC) Holdings, Inc. (NASDAQ: TTEC) is a leading global CX (customer experience) technology and services innovator for AI-enabled digital CX solutions. Serving iconic and disruptive brands, TTEC’s outcome-based solutions span the entire enterprise, touch every virtual interaction channel, and improve each step of the customer journey. Leveraging next-gen digital technology, the Company’s TTEC Digital business designs, builds, and operates omnichannel contact center technology, CRM, AI, and analytics solutions. The Company’s TTEC Engage business delivers AI-enhanced customer engagement, customer acquisition and growth, tech support, back office, and fraud prevention services. Founded in 1982, the Company’s singular obsession with CX excellence has earned it leading client, customer, and employee satisfaction scores across the globe. The Company’s employees operate on six continents and bring technology and humanity together to deliver happy customers and differentiated business results. To learn more visit us at ttec.com.

Media Contact:
Meredith Matthews
meredith.matthews@ttec.com
+1 281-770-2566 

 

 

JuCoin made a global impact at TOKEN2049 Dubai, advancing its ecosystem with the “Peak Experience” vision and JuChain’s robust tech.

SINGAPORE, May 6, 2025 /PRNewswire/ — JuCoin, a global leader in cryptocurrency trading and Web3 ecosystem development, recently hosted a series of landmark strategic initiatives during TOKEN2049 Dubai (April 30 – May 1, 2025), one of the world’s premier Web3 summits. The event brought together over 15,000 industry leaders and 4,000 enterprise representatives from more than 150 countries, with over 70% in C-level positions—cementing its status as a barometer of global Web3 development.

As a Platinum Sponsor, JuCoin showcased its rapidly expanding ecosystem through three core pillars: keynote speeches, tech showcases, and elite networking. These efforts not only highlighted JuCoin’s growing influence but also propelled the global exposure and adoption of its high-performance Layer 1 blockchain JuChain and its first native protocol, Butterfly—connecting key developers, investors, and strategic partners worldwide.

Booth Experience: Immersive Engagement with JuCoin’s “Peak Moments” Philosophy

At the main venue of TOKEN2049, JuCoin’s immersive brand booth became a standout hub for deep engagement. Centered around the core concept of “Designed for Peak Moments,” the booth integrated interactive experiences, limited-edition merchandise, and in-depth insights into the JuCoin ecosystem. This transformed JuCoin’s pursuit of exceptional user experience from an abstract idea into tangible brand interaction, effectively conveying its commitment to enhancing both the usability and emotional value of Web3.

CEO Insights: Drawing Inspiration from Luxury to Drive Web3 Adoption Through Peak Experiences

On April 30, JuCoin CEO Sammi Li delivered a strategic keynote titled “From Luxury to Crypto — Designing Peak Moments in User Experience” on the main stage. She highlighted that while most crypto products today focus heavily on technical metrics, they often overlook users’ deep need for trust and positive emotional resonance during high-value interactions—an area where the luxury industry excels by crafting unforgettable “peak moments” to foster loyalty.

Sammi emphasized that for Web3 to achieve mass adoption, the industry must shift from “tech for tech’s sake” to a “user experience first” mindset. This includes infusing empathy and refined detail across critical user touchpoints—from onboarding and user flows to customer support, documentation, and community engagement. She explained that JuCoin is implementing this philosophy by systematically optimizing its full product suite—including JuChain, JuChat (a social platform), and JuGame (a gaming platform)—to significantly lower the barrier to entry while boosting user delight and trust. Her speech not only outlined JuCoin’s product vision but also served as a rallying call to the broader Web3 community: invest in the experience ecosystem, put users at the center, and drive the next wave of Web3 growth together.

“The Great Gatsby” Afterparty: A High-Impact Social Arena for Web3 Elites and Capital Synergy
Beyond the packed schedule of TOKEN2049, JuCoin curated an elegant and efficient platform for deep networking among global Web3 elites. On the evening of April 30, JuCoin hosted a themed afterparty titled The Great Gatsby – JuFusion DJ Party at the iconic Gatsby Dubai. Inspired by the vintage luxury aesthetic of the classic novel, the event attracted nearly 3,000 registrants, including top-tier project teams, investment institutions, and key opinion leaders (KOLs), quickly becoming one of the most high-profile and valuable social hubs of Dubai Web3 Week.

This meticulously crafted party offered not just a unique social atmosphere—with an AR interactive check-in area, thematic art installations, and a cross-genre performance by internationally renowned electronic music group JuFusion—but also played a catalytic role in connecting innovation with venture capital. Exciting activities such as BTC price prediction games, Golden Key NFT raffles, and the grand prize “Ultimate Treasure” backed by JuCoin Launchpad’s end-to-end incubation support, effectively energized the crowd and sparked potential collaborations. Notably, JuCoin Labs announced a priority investment pathway for the hackathon’s winning team during the event and held in-depth strategic discussions with over a dozen promising startups, actively leveraging its resources to accelerate the commercialization and globalization of high-quality Web3 innovations.

JuChain Hackathon Demo Day : Showcasing Technical Power and Unleashing On-Chain Innovation
Technical innovation remains the driving force behind the JuCoin ecosystem. On May 1, JuChain—the high-performance public chain under JuCoin—successfully hosted the final Demo Day of its second global hackathon at The H Dubai Hotel. The event focused on two cutting-edge themes: On-Chain Traffic Hubs and Decentralized Edge Computing, attracting nearly 100 top developer teams globally to compete across six tracks, including Core Tech Innovation, ZK-Rollup Integration, Traffic Scenario Breakthroughs, Cross-Chain Interoperability, and Decentralized Content Platforms.

JuChain’s robust infrastructure—featuring ~2-second finality enabled by its JPoSA consensus mechanism, full EVM compatibility (reducing migration costs by up to 70%), and ultra-low base transfer fees of under 0.001 JU (about 90% lower than solutions like Base)—provides a solid foundation for developers building the next generation of Web3 applications.

This Demo Day was not only a public stress test for JuChain’s performance and stability but also a key platform connecting top-tier developer talent with leading venture capital. A jury composed of elite VCs, renowned industry KOLs, and JuCoin’s core technical experts rigorously evaluated the finalists. Winning teams shared a prize pool of up to $500,000 and gained priority access to investment evaluations and deep incubation opportunities from JuCoin Labs.

Several standout projects demonstrated the strength and diversity of the JuChain ecosystem:

CancerDAO (@CancerDAOxyz): A DeSci data DAO powered by blockchain and AI, dedicated to connecting global cancer patients, researchers, and clinicians through a decentralized, secure, and trusted data-sharing platform. It aims to break institutional and geographic silos, accelerating cancer treatment innovations by solving critical issues such as data isolation and low collaboration efficiency in traditional research.

BUNANA (@bunana_ai): An AI-powered intelligent trading tool that leverages advanced machine learning models and quantitative strategies to provide Binance users with real-time market analysis, smart position management advice, and one-click execution—boosting trading efficiency and accuracy.

Didotxyz_ (@Didotxyz_): Focused on building a decentralized AI ecosystem, this project introduces an innovative “staking token model” to incentivize global sharing of computing and storage resources, offering users more cost-effective and efficient access to AI tools—driving forward the democratization of AI.

ubinetworkdepin (@ubinetworkdepin): A DePIN (Decentralized Physical Infrastructure Network) aggregator platform that simplifies participation in over 40 DePIN mining projects through a one-stop application portal, significantly lowering the entry barrier for mainstream users in the DePIN space.

Particularly noteworthy is the launch of Butterfly (BF)—the inaugural ecosystem protocol released alongside JuChain’s mainnet (Chain ID: 210000). Targeting the promising decentralized AI edge computing sector, its native token $BF received an enthusiastic market response, with initial price surging over 20%. This not only validates the sector’s appeal but also marks early market confidence in JuChain’s technical strength and ecosystem growth potential.

Conclusion: Technology-Driven Ecosystem Evolution – JuCoin Leads the Future of Web3

In summarizing JuCoin’s journey at TOKEN2049 Dubai, CEO Sammi Li emphasized:
“Dubai Blockchain Week and TOKEN2049 represented a strategic milestone for JuCoin. Through our keynote speech, we articulated a product philosophy and industry vision centered on user experience. Through the Hackathon Demo Day, we demonstrated JuChain’s robust technical strength and its compelling value proposition for developers. Through the Gatsby Afterparty, we successfully built a high-efficiency bridge between capital and innovative projects. JuCoin and JuChain are accelerating the development of a full-stack Web3 ecosystem—from infrastructure and middleware protocols to application layers—anchored by a high-performance public chain and powered by cutting-edge protocols like Butterfly, all while keeping user experience at the heart of everything we build.”

Through its deep involvement and strategic presence at TOKEN2049 Dubai, JuCoin not only strengthened its engagement with the global Web3 community but also vividly showcased the vitality of its ecosystem. The event further solidified JuCoin’s position as an industry pioneer and powerful ecosystem builder. With the continued stable operation of the JuChain mainnet and the ongoing growth of native protocols such as Butterfly, the JuCoin ecosystem is poised to attract more diverse and high-quality applications—contributing key momentum toward bringing Web3 technologies into mainstream adoption and shaping a broader, more dynamic future.

About JuCoin
Founded in 2013, JuCoin is one of the earliest established cryptocurrency exchanges in the world. It has consistently focused on providing secure, professional, and innovative digital asset trading and management services to a global user base. The JuCoin ecosystem spans multiple verticals, including the high-performance public chain JuChain, decentralized social platform JuChat, gaming aggregation platform JuGame, and Web3 smart device JuOne, all designed to deliver a seamless, secure, and engaging next-generation internet experience. JuCoin has established deep collaborations with over 300 partners across AI, DeFi, RWA, and other cutting-edge sectors, serving millions of users across 100+ countries and regions worldwide.

Interlace Breaks New Ground in Web3 Finance with CaaS at Token2049

NEW YORK, May 6, 2025 /PRNewswire/ — On May 1st, the global blockchain industry event Token2049 concluded successfully, marking a significant moment for Web3 and fintech innovations. Interlace, a leading Web3 fintech company, made its debut at the event, capturing widespread attention with its cutting-edge Card-as-a-Service (CaaS) solution. The company showcased its deep industry insights and strategic expansion plans for the Middle East market, positioning itself as a key player in the region’s Web3 ecosystem. Interlace’s presence attracted a diverse range of stakeholders, including Web3 enterprises, industry pioneers, developers, institutional investors, and ecosystem partners.

Redefining what is possible in Web3 with Cards as a Service

As a global leader in financial infrastructure services, Interlace has consistently driven the integration of Web2 and Web3 ecosystems through technological innovation. At Token2049, the company highlighted its industry-leading CaaS solution, a comprehensive platform that simplifies the entire process from wallet management to card issuance.

Key features of the CaaS offering include:

  • 30+ BIN Configurations: Enhancing flexibility for global financial compatibility.
  • Wallet Deposit Address Generation: Providing seamless management of funds.
  • KYT (Know Your Transaction) Compliance: Ensuring secure, compliant crypto deposits.
  • Cardholder KYC Verification: Available via API or custodial mode to validate user identity.
  • Built-in Risk Control and Anti-Fraud Systems: Protecting users and businesses from fraud.
  • Regulatory-Compliant Custodial Infrastructure: Ensuring full transparency and security of fund flows.

These features come together to provide a robust solution that seamlessly bridges the gap between the Web3 world and traditional financial systems, enabling more secure, transparent, and accessible financial services.

White-Label Customization: Empowering Clients with Brand Differentiation

Interlace also offers a flexible white-label card solution that allows businesses and institutions to fully customize card designs, enabling them to build distinctive brand identities. With the Interlace CaaS solution, clients can issue both physical and virtual cards in as soon as two weeks, accelerating time-to-market for crypto-based financial products.

The cards are fully compatible with popular digital wallets, including Apple Pay and Google Wallet, facilitating seamless crypto-to-fiat conversions and empowering users to spend both crypto and fiat currencies effortlessly—anytime, anywhere. This functionality unlocks the true potential of on-chain assets, offering users a level of “spending freedom” previously unavailable.

Real-Time Experience with the Infinity Card

During Token2049, Interlace offered a hands-on demonstration of its flagship product, the Infinity Card, which provided attendees with a limited-time gift card. This allowed users to experience the seamless transition from on-chain asset management to off-chain spending. As one Web3 participant noted, “Interlace has simplified the complexities of on-chain asset liquidity and conversion into a globally accepted payment card. This is a pivotal step toward turning blockchain technology into a practical, mainstream financial tool.”

Interlace Breaks New Ground in Web3 Finance with CaaS at Token2049
Interlace Breaks New Ground in Web3 Finance with CaaS at Token2049

Currently, the Interlace CaaS solution has been widely adopted by crypto exchanges, wallets, OTA platforms, AI companies, gaming firms, advertising platforms, and online subscription services. Notably, for Token2049, Interlace partnered with Web3 travel and lifestyle platform Umy, offering users exclusive discounts when booking flights and hotels in Dubai through Umy. Users could also pay with the Infinity Card using cryptocurrency, further demonstrating the compatibility of CaaS with traditional consumer scenarios.

Partnerships and Collaborations: Strengthening the Ecosystem

Interlace’s presence at Token2049 was not limited to the main event. The company actively engaged in key side events such as 1001 Crypto Nights and Hack Seasons Conference, where it networked with Web3 professionals, thought leaders, and potential collaborators. As part of its strategic efforts, Interlace also partnered with Umy, a Web3 travel and lifestyle platform. Through this collaboration, Interlace users were offered exclusive discounts on flights and hotel bookings, with the added benefit of paying with the Infinity Card using cryptocurrency. This partnership further demonstrates the compatibility of CaaS with traditional consumer scenarios, expanding the utility of crypto assets in everyday life.

Building a Middle East Strategy: Compliance as the Cornerstone of Growth

The Middle East has rapidly emerged as a strategic hub for global Web3 enterprises, driven by Dubai’s open regulatory environment and concentration of high-net-worth capital. Interlace’s debut at Token2049 marks a key milestone in its global expansion strategy, with a particular focus on the Middle East market. As CEO Michael Wu noted, “The Middle East is a core node in Interlace’s mission to build a global Web3 financial network. By combining our extensive compliance technology expertise with localized market needs, we are accelerating the integration of blockchain and traditional finance.”

At Token2049, Interlace was able to demonstrate its technical expertise and regulatory-compliant operational capabilities. As its expansion into the Middle East continues, Interlace aims to become a benchmark for the “Compliance + Technology” innovation model, driving the large-scale adoption of crypto payment services across industries such as consumer goods, trade, and travel.

Impressive Milestones and Future Outlook

Founded in 2019, Interlace has achieved PCI-DSS Level 1 certification, the highest security standard for card payments, and holds key international licenses, including Hong Kong TCSP, U.S. MSB, and Lithuania VASP. To date, Interlace has issued over 6 million cards, serving more than 7,500 enterprises, and processing over 60 million transactions annually. The company’s continuous growth and expansion highlight its dedication to building secure, compliant, and scalable solutions for the global Web3 financial ecosystem.

Xiao-I Corporation Expands Strategic Partnership with AIA China Through RMB 3-4 Million AI Solutions Deal

SHANGHAI, May 6, 2025 /PRNewswire/ — Xiao-I Corporation (NASDAQ: AIXI), a leading AI enterprise, announced the expansion of its partnership with AIA China, a leading insurance provider, through a one-year contract valued at RMB 3–4 million. This collaboration underscores Xiao-I’s position as a pioneer in delivering end-to-end AI-driven customer service solutions powered by its proprietary Hua Zang Large Language Model (LLM).

Key Highlights of the Collaboration

Full-Scale AI Customer Service Ecosystem: The agreement encompasses Xiao-I’s flagship solutions, including an Intelligent Dialogue Robot, Live Chat Platform, AI-Powered Seat Assistant, Knowledge Fusion System, and Outbound Call Integration. All modules are seamlessly integrated and driven by the Hua Zang LLM, ensuring unified intelligence across voice, text, and data interactions.

Technology Differentiation with Hua Zang LLM: Unlike conventional AI tools, Xiao-I’s solutions leverage the Hua Zang LLM’s advanced natural language processing (NLP) capabilities to enable context-aware conversations, real-time decision support for agents, and dynamic knowledge base optimization. This ensures AIA’s customers receive hyper-personalized service while reducing operational friction.

All solutions are unified under the Hua Zang LLM, ensuring scalability, accuracy, and adaptability to complex business scenarios. This holistic approach eliminates siloed systems, offering AIA China a future-proof infrastructure for customer service excellence.

Leadership Commentary 

“Renewing this partnership reflects AIA China’s trust in our ability to deliver transformative AI solutions,” said Spokesperson of Xiao-I Corporation. “By embedding Hua Zang LLM across all services, we empower clients to achieve operational agility while maintaining a human-centric customer experience.”

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F filed with the SEC on April 30, 2024, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For investor and media inquiries, please contact:
Ms. Berry Xia
Email: ir@xiaoi.com 

Lightweight Tech, Maximum Freedom: PGYTECH’s OneGo 2 and OneGo Rope Strap Bag Empowers Urban Creators

NEW YORK, May 6, 2025 /PRNewswire/ — On May 6, 2025, globally renowned photography accessory brand PGYTECH proudly unveils the OneGo 2 series, featuring two innovative Urban camera backpacks: OneGo 2 and OneGo Rope Strap Bag. Both offerings combine minimalist aesthetics with smart engineering, catering to urban explorers, creatives, and on-the-go professionals.

OneGo 2 Backpack: Minimalist, Stylish, And Ready For Everything
Crafted for those who value timeless design and intuitive functionality, the OneGo 2 Backpack redefines comfort and convenience:

  • Engineered Comfort: Ergonomically sculpted, breathable multi-layer back panel ensures all-day support.
  • 180° Clamshell Access: Instantly organize or retrieve gear with its full-rear opening.
  • Customizable Storage: Flexible compartments adapt to your needs, secured by a one-handed magnetic closure system.
  • Lightweight Durability: Splash-resistant fabric paired with a streamlined build keeps you agile in any weather.

Ideal for Daily Commute, Creative Shoots, Weekend Getaways and Pro Shoots, this backpack transforms chaos into order—effortlessly.

OneGo Rope Strap Bag: Capture Life Colorfully
A sleek hybrid of camera bag and everyday carryall, the Rope Strap Bag merges practicality with understated elegance:

  • Ultra-Light Versatility: Featherweight nylon construction with splash resistance for urban resilience.
  • Expandable Capacity: Hidden bottom zipper unlocks more space, while adjustable dividers secure camera gear (fits 1 camera + one 70-200mm lens).
  • Modular Attachments: Convert seamlessly between crossbody, sling, or handheld carry.
  • Elevated Aesthetic: Clean lines and muted tones complement casual or polished outfits.

Perfect for photographers, weekend adventurers, or anyone craving a minimalist yet capacious daily companion.

Availability & Pricing
The OneGo 2 Backpack and OneGO Rope Strap Bag are available now at PGYTECH official website and select retailers worldwide.

About PGYTECH:

Founded in 2015, PGYTECH strives to develop professional photography peripherals including camera bags, all-in-one camera kits and supports to deliver excellent products and aftersales service. After near 10 years of steady growth, PGYTECH has emerged as one of the leading brands in global photography accessories, delivering more efficient and enjoyable shooting experiences to photography enthusiasts in over 100 countries and regions, which makes creation easier.