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Four Interconnected Megatrends Are Driving Global Uncertainty For Business and Society: Aon Report

DUBLIN, May 1, 2025 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today released its Client Trends 2025 report, which features new insights about the interconnectedness of four megatrends – Trade, Technology, Weather and Workforce – driving complexity, volatility and uncertainty for business and society.

“The megatrends of Trade, Technology, Weather and Workforce are creating unprecedented challenges for business leaders, who risk decision paralysis when urgent action is needed,” said Greg Case, president and CEO of Aon. “The interconnectedness of these trends means that leaders need access to integrated data and analytics, capabilities and expertise to effectively respond to increasingly linked risk and people issues.”

Aon’s Client Trends 2025 report draws on the firm’s Risk Capital and Human Capital expertise to offer a fresh perspective on how these trends intersect and impact decision making. The analysis looks at specific connection points between the trends, including with: 

  • Trade and Technology: The intersection of Technology and Trade are fuelling innovation that will deliver much-needed efficiencies in global supply chains. However, with new technology comes significant risks that must be properly managed. Artificial intelligence (AI) plays a vital role in helping move global trade through increasingly complex regulatory challenges, trade laws, privacy regulations and threats from cyber attacks and potential global trade wars.
  • Technology and Workforce: The integration of AI within human resources functions is reshaping job roles and skill requirements across industries. Organizations are increasingly utilizing AI to optimize processes like talent acquisition and employee engagement. This shift not only enhances efficiency but focuses on upskilling employees to work alongside AI. As companies work to capitalize upon this transformation, are evolving their workforce with the necessary technical and maintaining critical human oversight to drive innovation and effective decision-making.
  • Weather and Workforce: Extreme weather events are becoming more frequent and costly. According to Aon’s 2025 Climate and Catastrophe Insight report, global economic losses in 2024 amounted to $368 billion. At the same time, employers are more concerned than ever about employee wellbeing, retention and productivity. Employees who work outside face health risks from heatwaves, air quality implications from wildfires and more. Not only can weather events affect employee’s physical health, their emotional and financial wellbeing may also be at risk.
  • Weather and Trade: The effects of climate volatility on global trade is another growing risk. This was starkly illustrated by the severe flooding in Spain and its impact on the automotive industry in 2024. Flooding disrupted production and logistics, highlighting the interconnectedness of supply chains and the financial risks posed by extreme weather events. In response, clients are integrating climate risk assessments into their strategic planning and developing diversified supply chains. By understanding and anticipating the impacts of weather-related disruptions, organizations are enhancing their resilience and protecting their trade operations in an increasingly unpredictable environment.

Read Aon’s Client Trends 2025 report here.

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

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

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

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TUMI CELEBRATES THE NEW 19 DEGREE LITE COLLECTION WITH CAMPAIGN STARRING GLOBAL BRAND AMBASSADOR, LANDO NORRIS

The brand unveils part two of a multichapter campaign to highlight TUMI’s lightest hardside collection to date

NEW YORK, May 1, 2025 /PRNewswire/ — Today, international travel and lifestyle brand TUMI debuts 19 Degree Lite with chapter two of the “Uncompromisingly Light” campaign starring Lando Norris, longstanding TUMI Global Brand Ambassador and world-renowned McLaren Formula 1 Team Driver. 

In this dynamic campaign featuring the all-new collection, TUMI expands upon the feeling of lightness 19 Degree Lite inspires. The brand’s meticulous attention to detail—from lighter dual wheels to featherweight zippers—allows Lando to move with ease.

“Working and traveling with TUMI is always incredible, and this campaign made my first trip to Lake Como unforgettable,” said Lando Norris. “Exploring the beautiful landscape was effortless with 19 Degree Lite by my side—it’s an experience I won’t soon forget.”

Directed by Keane Pearce Shaw and photographed by Emma Panchot, the campaign was filmed in Lake Como and brought to life through Lando’s personal experience and perspective. As Lando explores the iconic Villa Erba and maneuvers down cobblestone streets, the film captures the effortless movement of 19 Degree Lite, echoing the freedom and agility of being behind the wheel.

“19 Degree Lite represents our continued dedication to creating products that effortlessly accompany our customers on their journeys,” said Creative Director Victor Sanz. “As a champion driver with an unmatched passion for precision and design, Lando was the perfect fit for the second chapter of our campaign. Watching him interact with our products is captivating—the way he moves with such ease and agility is a testament to the natural flow, dynamic ease and control he consistently displays both on and off the track.” 

The collection includes two packing cases: the Extended Trip 4 Wheeled Packing Case and the Short Trip 4 Wheeled Packing Case, and two carry-ons: the International 4 Wheeled Carry-On and the Continental 4 Wheeled Carry-On. Available in the following core colors: Blush, Titanium Grey and Black Graphite with additional seasonal colors Amber and Cobalt, the all-new collection ranges in price from $795-$995 USD.

Featured in the campaign alongside 19 Degree Lite is TUMI’s coveted TUMI | McLaren collaboration in a fresh new colorway, Super Grey, inspired by McLaren’s bestselling hue, Supernova Silver. Other silhouettes included come from TUMI’s iconic collections Harrison, Alpha Bravo and Turin.

The lightest addition to the world of 19 Degree—19 Degree Lite—is available at TUMI stores worldwide and on TUMI.com. Stay tuned for exclusive behind-the-scenes content from the campaign on @TUMITravel social channels.

About TUMI

Since 1975, TUMI has been creating world-class business, travel, and performance luxury essentials, designed to upgrade, uncomplicate and beautify all aspects of life on the move. Blending flawless functionality with a spirit of ingenuity, we’re committed to empowering journeys as a lifelong partner to movers and makers in pursuit of their passions. For more about TUMI, visit TUMI.com and follow on Instagram, TikTok, Facebook, and YouTube.

TUMI and TUMI logo are registered trademarks of Tumi, Inc. © 2025 Tumi, Inc.

TUMI Media Contacts
Jerad Hulse – jerad.hulse@tumi.com 

Lando Norris with 19 Degree Lite International 4 Wheeled Carry-On and Extended Trip 4 Wheeled Packing Case in Black Graphite
Lando Norris with 19 Degree Lite International 4 Wheeled Carry-On and Extended Trip 4 Wheeled Packing Case in Black Graphite

Webull to Offer BlackRock Model Portfolios, Expands Advisory Services

Webull enhances its advisory platform by integrating BlackRock’s model portfolio capabilities, expanding investment options to better serve a broad range of investment needs.

ST. PETERSBURG, Fla., May 1, 2025 /PRNewswire/ — Webull  (NASDAQ: BULL), an online investment platform, today announced the expansion of its advisory services through the launch of BlackRock model portfolios. This new offering delivers enhanced investment options, giving US-based investors access to professionally managed, diversified portfolios tailored to a broad range of financial goals and risk profiles through Webull Advisors.

Webull users now have access, through Webull Advisors, to a range of diversified portfolios spanning multiple asset classes, including alternatives and digital assets, tailored to meet varying risk appetites and financial objectives.  

This new offering is available directly through the Webull app under the advisory section, giving users a seamless and intuitive way to access personalized investment portfolios. Designed with the needs of today’s investors in mind, the solution caters to individuals who are comfortable with technology, value low-cost investing, and seek convenient, automated portfolio management.  

Users begin by selecting an investment strategy aligned with their preferences. After completing a brief risk tolerance questionnaire, they are matched with a risk profile corresponding to a professionally managed model portfolio tailored to their financial objectives. These discretionary accounts are automatically rebalanced and actively overseen by Webull Advisors, an SEC-registered advisor, offering a simplified yet sophisticated approach to long-term investing.  

“This collaboration marks an exciting step forward in our mission to deliver smarter, more personalized investment experiences for our clients,” said Sara Schwartz, CEO of Webull Advisors. “By integrating BlackRock’s model portfolio capabilities into our advisory platform, we’re expanding access to high-quality, professionally managed model portfolios that align with a diverse range of financial goals and risk appetites.”

“BlackRock’s expertise in asset allocation, portfolio design capabilities and market insights enhances Webull’s ability to offer sophisticated, next-generation investment solutions,” said Arianne Adams, Chief Strategy Officer and Head of Derivatives at Webull. “Together, we’re meeting the rising demand for dynamic, risk-aligned portfolios, delivered seamlessly through modern digital experience. This collaboration exemplifies Webull’s forward-thinking commitment to innovation and to helping our clients build lasting financial well-being.”  

The collaboration delivers a transformative wealth management experience through a range of professionally managed model portfolios tailored to diverse investment objectives, supported by robust analytics and real-time data. Webull users gain access to enhanced short- and long-term investment opportunities – offering a more seamless, automated, and intelligent approach to managing their money. 

“As more and more Americans begin to invest, the launch of BlackRock custom model portfolios on Webull’s platform enables individuals more choice to ultimately deliver against a range of investing goals in a simplified and streamlined manner,” said Amy Jenkins, Head of U.S. Direct Investing at BlackRock. “This new offering also delivers on BlackRock’s mission, to help more people build wealth that serve them throughout their lives by making investing easier and more accessible.”   

About Webull US

Webull is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull’s online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including securities, options, and futures, along with wealth management services. Webull Financial LLC (“Webull Financial”) is registered as a broker-dealer with the Securities and Exchange Commission (SEC) and a futures commission merchant registered with the Commodity Futures Trading Commission (CFTC). Webull Financial is a member of the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), and the Securities Investor Protection Corporation (SIPC). Advisory accounts and services are provided by Webull Advisors LLC, an investment advisor registered with the SEC. Registration does not imply a level of skill or training.  All investing is subject to risk, including the possible loss of principal. Options involve unique risks not suitable for all investors. Please visit www.webull.com/disclosures to read the ODD. For more information about Webull, visit www.webull.com. 

About Webull Corporation  

Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 23 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.

About BlackRock

BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock 

Media Contacts:

Webull
Nicholas Koulermos 
Webull@5wpr.com

BlackRock
Reem Jazar
Reem.jazar@blackrock.com  

Rain and Visa Partner to Accelerate Onchain Credit Cards

Showcasing blockchain’s potential to enable everyday financial transactions 

NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.

Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.

Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.

7 Day Stablecoin Settlement

Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.  

Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.

Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.

“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.   

“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”

This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.

Visa Principal Membership

A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.

About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/

CONTACT: Charles Yoo-Naut; charles@rain.xyz

STREAM SYSTEMS APPOINTS MARK WEBSTER CHIEF EXECUTIVE OFFICER

NEW YORK, May 1, 2025 /PRNewswire/ — Stream Systems LLC has appointed Mark Webster as its new Chief Executive Officer, effective April 28, 2025. Webster assumes CEO duties previously performed by Founder Michael Cammarata, who remains as Stream’s Executive Chairman of the Board and Head of Trading and Brokerage Services. The appointment is a key part of Stream’s future-looking goal of becoming a leading platform provider for fully-electronic trading of foreign exchange options and swaps.

“I am excited to help drive this innovative company to its next phase of development,” Webster said. “Michael Cammarata founded Stream with the vision of making what is still mostly a voice brokerage business fully electronic, and I believe Stream has the technology, the management, the business partners and the customer relationships needed to make that vision a reality. I am committed to seeing that happen.”

Webster comes to Stream after 17 years as Executive Managing Director and General Manager of BGC Financial, LP, operating in New York, London, and Hong Kong. Prior to that, Webster was CEO, Asia Pacific and Middle East, of ICAP plc.

“Stream has grown to the point that it has become impossible for me to do all the work of a CEO while also focusing on trading to generate the revenues we need to fund our growth,” Cammarata said. “Mark joining our firm, first as an investor and now as our CEO, was exactly what we needed to be able to make the jump to full electronic trading. We are all very excited for the future.”

Stream was founded in 2019 by Cammarata, a leading foreign exchange broker, anticipating that peer-to-peer electronic trading of foreign exchange options and swaps was the wave of the future. FXO is one of the last financial markets still dominated by voice brokerage, and even now less than half of trades are executed without an intermediary broker. Stream has developed and owns a fully electronic trading platform, which streams prices and will permit FXO traders at major banks and other institutions to execute trades without a voice broker. The next phase of Stream’s development is deploy the platform to its customers, who include 7 of the 9 leading liquidity providers in the FXO space.

Mark Webster began as a broker for Tullet and Tokyo Ltd. in 1981, first in London and then managing various trading desks in London and Sydney, Australia. From 1993 to 2004, Webster served as a Director, Managing Director, and regional CEO at ICAP in London and Sydney. From 2005 through 2021, he served as Executive Managing Director and General Manager for BGC Partners in Sydney, New York, London and Hong Kong. Webster has a diploma in economics and business from Buckingham New University, London, and is licensed by regulators in the US, UK and Asia.

Stream Systems is a cutting-edge fintech platform specializing in currency options trading solutions. The Stream platform empowers institutional and buy-side clients to navigate FX volatility through innovative products and seamless execution. Stream Systems is backed by top-tier investors and deploys its platform through its subsidiary, LPSFX LLC, a CFTC-licensed broker and member of the National Futures Association .

For further information, contact:

Courtney McCarthy, 646-530-1793; court@streamsystems.io

MGM China Reports 2025 First Quarter Results

Sequential Growth in Adjusted EBITDA and Market  S hare

HONG KONG, May 1, 2025 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the “Group”) for the three months ended March 31, 2025 (the “Period”).

The Group is pleased to see Macau’s average daily visitor arrival in the first quarter up 12% quarter-to-quarter to 109,585, recovered to 95% of same period in 2019.

Gross gaming revenue (GGR) in Macau also saw sequential growth. Headline daily GGR rose 3% quarter-to-quarter to MOP641 million per day in the first quarter, represented 76% of same period 2019. Mass GGR (including slot) was estimated to have recovered to approximately 110% of pre-COVID levels. VIP GGR was estimated to be approximately 26% of the equivalent period. Sector EBITDA was estimated to reach nearly 80% of 2019 levels.

  • MGM China continued to record sequential growth across segments. Property visitation for the Period was 177% of 2019. Daily GGR was 128% of the first quarter 2019. Mass GGR (including slot) and VIP GGR were 183% and 43% respectively of pre-COVID levels.
  • Net revenue of the Group was HK$8.0 billion, up by 1% from previous quarter, reached 139% of first quarter 2019. 
  • Adjusted EBITDA grew 11% quarter-to-quarter to HK$2.4 billion, represented 146% of the same period in 2019.
  • Adjusted EBITDA margin for the Period also improved to 29.6% from 26.8% in previous quarter.
  • MGM China saw overall GGR marketshare grew to 15.7% in the first quarter, up from 15.5% in the previous period. Estimated Mass (including slot) marketshare was 15.8% (24Q4: 15.7%) and VIP marketshare was 15.2% (24Q4: 13.8%).
  • Average occupancy was 93.3% for the Period.
  • MGM China maintained a healthy financial position. As of March 31, 2025, the Group had total liquidity of approximately HK$17.8 billion, comprised of cash and cash equivalents and available undrawn credit facilities.
  • The Company has announced during the Period to update our dividend policy, intends to make semi-annual distributions in an aggregate amount per year that will not exceed 50% of the anticipated consolidated annual profits, increased from 35% previously. The Company may also declare special distributions from time to time in addition to the semi-annual distributions.

During the Period, MGM China has received again seven Forbes Travel Guide’s Five-Star Awards, a recognition of our dedication to delivering exceptional experiences. MGM MACAU achieved its tenth consecutive Five-Star rating, Tria spas at both MGM MACAU and MGM COTAI earnt the distinction for the sixth consecutive year. The Company has garnered four Five-Star Awards across both properties for the fourth consecutive year: the Emerald Tower, the Skylofts and Sichuanese restaurant Five Foot Road at MGM COTAI, alongside the newly renovated Chinese Lingnan restaurant Imperial Court at MGM MACAU.

These achievements not only reinforce our leading position in Macau’s hospitality sector but also strengthen Macau’s appeal as a premier global destination for international travelers.

Kenneth Feng, President and Executive Director of MGM China said: “Our outstanding performance demonstrates our deep understanding of customers with continued improvements in service levels. It is also a testament to our team’s continuous innovation in crafting compelling experiences for our customers.”

In February, the POLY MGM MUSEUM has reached a milestone of receiving 500,000 visitors in just three months since it opened at MGM MACAU. The Museum showcases the brilliance of Chinese civilization to the global community with top-notch international exhibition standards, highlighting our devotion in developing cultural tourism as well as Macau’s cultural essence as a world centre of tourism and leisure. The inaugural exhibition The Maritime Silk Road — Discover the Mystical Seas and Encounter the Treasures of the Ancient Trade Route has enjoyed widespread popularity and recorded a daily average over 10,000 visitors during the Chinese New Year period.

“We are delighted to see the diversification development of Macau. We are committed to bringing more unique and integrated experiences to our customers, to develop Macau into a global and diversified tourist destination through our concession commitments,” said Kenneth Feng.

About MGM China Holdings Limited

MGM China Holdings Limited (HKEx: 2282) is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and MGM COTAI, a contemporary luxury integrated resort in Cotai, which opened in early 2018 and more than doubles our presence in Macau. 

MGM China is majority owned by MGM Resorts International (NYSE: MGM) one of the world’s leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, ARIA, MGM Grand, Mandalay Bay and Park MGM. For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.

OKX Premiers ‘Mild Mild West’ Film on Crypto Evolution in Partnership with Tribeca Festival

Unveiled at the iconic Jumeria Zabeel Saray during an exclusive red-carpet event in parallel with TOKEN2049 in Dubai, featuring film stars Vincent Cassel, Chazz Palminteri and Bonnie Chen

DUBAI, UAE, May 1, 2025 /PRNewswire/ — OKX, a leading global blockchain technology company, in partnership with Tribeca Festival, premiered on April 30 its film Mild Mild West, which takes on the next phase of growth of the crypto industry.

Commemorating a major shift in mindset that challenges the oversimplified notion that crypto is the ‘wild west’, the film highlights the transition toward a new frontier, governed by good regulation, safety and security. Mild Mild West was officially shown on the same day that OKX announced its new product, OKX Pay, a first-of-its-kind crypto payment app.

Starring Vincent Cassel, Chazz Palminteri and Bonnie Chen, directed by Marcelo Burgos and produced by Chromista, the film explores how true freedom isn’t built around the absence of structure, but rather about having the necessary tools and expertise to put in place the right framework and processes to allow that freedom to take place the right way.

“The thought process behind Mild Mild West is simple – why advertise when you can instead create deeper stories and moments? This mirrors our approach within OKX, where it is incumbent upon us to continue to lead the innovation and growth of the broader industry,” said Haider Rafique, Chief Marketing Officer, OKX. “By using the western genre, we’re able to draw parallels to the transition from an unsustainable climate of limited oversight, to one governed by good regulation and compliance. The film portrays the characters discovering what true freedom is within the digital age, and that it is only realized through understanding and using the right tools, as well as making the right conscious choices about our role in technology.”

The red-carpet premier, which was attended by the region’s business, industry and technology leaders, took place at the iconic Jumeriah Zabeel Saray.

About OKX

Trusted by more than 60 million customers around the globe, OKX is a technology company building a decentralized future that makes the world more tradable, transparent and connected. We’re known for being one of the fastest and most reliable crypto apps in the world, and have processed trillions of dollars in transactions.

We have key regional offices, including headquarters in San José, California, for the Americas and in Dubai for the Middle East. We also have offices in New York, Hong Kong, Singapore, the Republic of Türkiye, Australia and Europe.

Over the past several years, we’ve built one of the world’s most comprehensive regulatory compliant, licensed crypto companies. We hold licenses in the United States, the UAE, EEA, Singapore and Australia, as well as in other markets.

We’re steadfastly committed to transparency and security and publish Proof of Reserves reports on a monthly basis. To learn more about OKX, download our app or visit: okx.com.

Disclaimer

MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

VICTORIA, Seychelles, May 1, 2025 /PRNewswire/ — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC’s 7th anniversary and reaffirming the company’s evolution from a trading platform to a full-scale Web3 ecosystem builder.

MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event
MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event

The new fund marks a strategic pivot in MEXC’s positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3.

“We see this commitment as an opportunity to position MEXC well above its perceived place in the industry as an exchange service. We can and intend to offer much more through this investment, driving businesses and users to our ecosystem with a value offering built on best practices. Our ultimate vision is to transition from a trading venue to an ecosystem platform that will cater to all the needs of crypto industry participants in unique, innovative, and attractive ways,” as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement.

The Ecosystem Development Fund foresees the establishment of an investment and cooperation linkage model that will connect the different businesses with the broader MEXC ecosystem to drive value. The trusted basis of MEXC as a leader in innovation will be used to expand and enhance the overall trading experience for users by offering support beyond capital. Cooperation between exchange business and investments will focus on the development of public chains, stablecoins, wallets, and media platforms as part of the MEXC ecosystem. Comprehensive selection criteria will be announced for projects interested in joining the new initiative.

The new development will allow projects to attract investments and attain visibility, thus advancing their integration across industry services. This will, in turn, give users access to new services, upping their overall experience and building trust. Greater integration and cooperation between businesses, projects and users will ultimately positively impact the industry as a whole, advancing innovation and promoting adoption across different markets and regions.

Existing initiatives within the MEXC ecosystem include Ethena, a leading innovator in the stablecoin space. MEXC has made a strategic investment of $16 million in Ethena and has also purchased $20 million worth of USDe, Ethena’s synthetic dollar. In collaboration with Ethena, MEXC launched several joint campaigns that have gained significant traction in recent weeks, driving strong user engagement. ENA, Ethena’s native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms.

MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative.

About MEXC Ventures

MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders.

MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website