Home Blog Page 1161

Mobvoi and Olares Announce Partnership to Redefine AI Productivity with the World’s First “Hybrid-Cloud” Note-Taking Earbuds

New integration empowers TicNote Pods to offer AI transcription and summarization and other AI features, giving professionals a choice between cloud-based convenience and local data sovereignty powered by Olares One’s NVIDIA 5090 Mobile GPU.

SAN FRANCISCO, Dec. 23, 2025 /PRNewswire/ — Mobvoi, a global leader in AI interaction and hardware, and Olares, the innovator behind the Personal AI Cloud, today announced a partnership designed to redefine the modern workflow. By integrating Mobvoi’s TicNote Pods with the computational power of Olares One, the two companies are introducing a flexible ecosystem that offers users an unprecedented choice between subscription-based cloud services and private, local processing.

Mobvoi and Olares Announce Strategic Partnership on Hybrid-Cloud AI Productivity
Mobvoi and Olares Announce Strategic Partnership on Hybrid-Cloud AI Productivity

The partnership centers on the TicNote Pods, a device that has already garnered significant industry acclaim as the world’s first 4G-enabled AI note-taking earbuds. Unlike traditional wearables that rely on a tethered smartphone, TicNote Pods operate autonomously. Whether in a boardroom, a lecture hall, or on a run, these earbuds capture high-fidelity audio and instant voice memos, ensuring that no critical information or sudden flash of inspiration is ever lost.

However, as AI becomes more integral to daily work, professionals increasingly seek options that cater to different data sensitivities. Recognizing this, Mobvoi and Olares have collaborated to create a “Local Mode” that expands the TicNote ecosystem.

Leveraging a local version of Shadow AI, Olares One processes incoming data to perform heavy-duty tasks, including multi-language translation, intelligent transcription, and contextual summarization.

This hybrid approach allows users to enjoy the convenience of Mobvoi’s public cloud services for general tasks while reserving Olares One for highly sensitive, confidential conversations.

To ensure that “local” does not mean “slower”, Olares One is engineered as a powerhouse. It runs on the self-developed, open-source Olares OS and is equipped with NVIDIA GeForce RTX 5090 mobile GPU. This hardware specification ensures that local AI tasks are executed with speed and precision that rivals top-tier cloud servers.

“The combination of TicNote Pods and Olares One is set to change the industry landscape,” said Peng Peng, Founder of Olares. “We are focused on helping professionals find the perfect balance between privacy and efficiency.

“TicNote Pods were designed to capture and make sense of every idea, meeting, and lecture in real time,” said Zhifei Li, Founder and CEO of Mobvoi. “By integrating with Olares One, we are giving professionals the freedom to choose how and where their AI processes work–whether leveraging the cloud for speed or their own private setup for sensitive data. Together, we are redefining productivity, privacy and AI-assisted knowledge management.

Both TicNote Pods and Olares One are currently capturing strong support via their respective crowdfunding campaigns on Kickstarter. These devices are scheduled to begin shipping to early backers in February 2026.

About Mobvoi

Mobvoi is an innovative AI tech company with in-house core technologies in the areas including speech recognition, natural language understanding, vertical search, etc. Its core consumer products include the TicWatch line of smartwatches and the AI voice recorder TicNote. Mobvoi recently achieved a successful listing on the Hong Kong Stock Exchange, signaling a new chapter in the company’s commitment to innovation and technology-driven solutions for its users.

Mobvoi is dedicated to redefining the next generation of human-machine interaction by bringing hardware/software integrated products into people’s daily life with a strong AI-centered approach.

To find out more about Mobvoi: https://www.mobvoi.com 

About Olares

Founded in 2022 and headquartered in Singapore, Olares is a global leading company specializing in privacy-first, open-source personal AI cloud. By fusing enterprise-grade security with flagship-level performance, Olares empowers individuals and teams to own their data and run powerful AI locally without cloud lock-in or subscriptions. Its flagship product, Olares One, is a high-performance on-device AI workstation, featuring one-click app deployment through Olares Market, iOS-style sandboxing, and a fully auditable open-source OS.

For more information, visit https://one.olares.com 

Recon Labs to Showcase “GenPresso,” the AI Design Agent Platform Revolutionizing Workflow, at CES 2026

SEOUL, South Korea, Dec. 23, 2025 /PRNewswire/ — Recon Labs Inc., a leading AI-powered 3D content and creative technology company, announced today that it will officially introduce its AI design agent platform, GenPresso, to the global market at CES 2026 in Las Vegas.

As a core strategy for 2025 and beyond, Recon Labs is accelerating the expansion of GenPresso, a platform specifically optimized to automate and streamline professional designer workflows. Unlike conventional generative AI tools that often require repetitive trial-and-error to achieve usable results, GenPresso acts as an “agent” that learns a designer’s intent and manages the entire process from planning and creation to final refinement.

The Three Pillars of GenPresso

GenPresso’s architecture is built on three core innovations designed to eliminate the inefficiencies of current AI tools:

  • Personalized AI Design Agent: The platform learns individual user patterns and preferences. This increases the success rate of detailed adjustments—such as color, layout, and composition changes—while recommending the most efficient workflows for each creator.
  • Node-Based Canvas: Designers can connect text, image, and 3D inputs into structured workflows. This allows for seamless management of design branching, version history, and complex iterations within a single interface.
  • Integrated AI Model Platform: Users can access a variety of state-of-the-art models (including Nano Banana, Flux 2, Kling O1, Hailuo 2.3, and Sora 2) and major LLMs under a unified credit system. This allows for side-by-side comparison of results and significantly reduces the costs associated with subscribing to multiple individual services.

Global Expansion and the Path to “Design-to-Manufacturing”

Recon Labs is currently executing a phased global roadmap. The company is collaborating with the Ministry of Trade, Industry and Energy on R&D projects to build AI pipelines centered on professional designers. Furthermore, the company plans to establish “Design-to-Manufacturing” full-stack workflows through partnerships with Korean manufacturing and design leaders like Narnia Labs, Hyundai Livart, and Coptic (Breezm).

“GenPresso is designed to scale globally by adapting to how designers actually work,” said Seonghoon Ban, CEO of Recon Labs. “By showcasing our technology at CES 2026, we aim to demonstrate how AI can transition from a simple tool to a true design partner that links creativity directly to production”.

Visit Recon Labs at CES 2026

Recon Labs invites media, partners, and creators to experience the future of design at their booth:

  • Location: Venetian Expo, Level 2, Halls A-D
  • Booth Number: 50523

Supported by an export promotion program organized by South Korea’s Ministry of Science and ICT and the National IT Industry Promotion Agency (NIPA), Recon Labs is accelerating its overseas market entry. The company targets over 10,000 paid subscribers and $5 million in Annual Recurring Revenue (ARR) by 2027.

 

JSAUX Announces CES 2026 Presence with New Product Lineup

HONG KONG, Dec. 23, 2025 /PRNewswire/ — JSAUX, a leading innovator in gaming accessories, announced today that it will attend CES 2026, participating in both CES Unveiled and the main CES Expo in Las Vegas. JSAUX will present its newest products at CES Unveiled on January 4, 2026, at the Mandalay Bay Convention Center, Shoreline Exhibit Hall (Table 323), followed by its full exhibition at CES Expo from January 6–9, 2026, at the Las Vegas Convention Center, South Hall 2 (Booth 35233).

JSAUX at CES 2026 Las Vegas
JSAUX at CES 2026 Las Vegas

A Quick Glance

The new products being showcased at CES 2026 include the following:

  • 6-in-1 Gaming Dock for Switch: Built for seamless multiplayer sessions, this hub supports both Joy-Con 1 and Joy-Con 2. It charges up to four Joy-Cons and one Pro Controller simultaneously while delivering 4K HDMI output, stable wired networking, and expanded connectivity.  Whether hosting a party or playing together across generations, it keeps every controller ready and every game instantly connected.
  • OmniCentro Charger Dock for Switch 2: An all-in-one charging and docking solution tailored for next-generation console users. Combining power delivery with smart cable management, the OmniCentro Charger Dock is designed to keep gaming setups clean, organized, and ready for extended play sessions.
  • ModCase for Switch 2: A modular protective case engineered for durability and customization. Designed to adapt to different gaming scenarios, the ModCase offers enhanced protection while supporting accessories and attachments, making it ideal for both travel and everyday use.
  • Joy-Con All-Arounder GripCase with Travel Cover: Rounding out the showcase is the comfort-focused grip solution that enhances control during gameplay while providing reliable protection on the move. Its ergonomic design and included travel cover make it a practical companion for gamers who play anytime, anywhere.

With its dual presence at CES Unveiled and the CES Expo, JSAUX continues to demonstrate its dedication to creating practical, high-quality accessories that enhance the gaming experience across home and mobile environments. Visitors, media, and partners are invited to connect with the JSAUX team during CES 2026 to explore the latest innovations firsthand and discover how JSAUX is shaping the future of modern gaming setups.

ASSETS

All visual assets for JSAUX’s products can be found at this link.

CONTACT

For further information requests, feel free to contact us at Lora@jsaux.com. Also, you can reach out to a brand representative and follow the new product updates on social media!

ABOUT JSAUX

JSAUX, a pioneer brand in innovation and quality, boasts products that are best-sellers across over 100 countries and regions worldwide, serving more than 20 million consumers. Since 2016, multiple JSAUX product lines sold on Amazon have been designated as “#1 Best Sellers”, ranking first in several categories. This success has solidified JSAUX’s foothold in the electronics accessories market and has further established the brand as one of the top 100 Chinese brands on Amazon.

In 2022, JSAUX swiftly rose to become one of the most popular brands in gaming accessories, firmly establishing itself as the premier brand for Steam Deck accessories. The brand’s strong product innovation, superior quality, robust supply chain, and consumer-centric brand strategy have enabled it to continuously design and produce outstanding products over the past seven years. This accomplishment is the result of seamless coordination within our internal teams, spanning from research and development to product manufacturing and global marketing.

 

MDJM LTD Wholly-Owned Subsidiary MD Local Global Ltd. Announces Strategic Design Partnerships for Fernie Castle Oriental Garden & Castle Exhibition Project

FIFE, Scotland, Dec. 23, 2025 /PRNewswire/ — MD Local Global Ltd. (“MDLG” or the “Company”), the UK-based wholly owned subsidiary of MDJM LTD (NASDAQ: UOKA) announced that its Oriental Garden and Castle Exhibition Project at Fernie Castle, located in Fife, Scotland, has completed a critical phase in its design and planning process.

Following the execution of a design agreement with Kengo Kuma & Associates (KKAA), MDLG entered into an additional design collaboration on December 19, 2025 with Simpson & Brown LLP (“Simpson & Brown”), one of Scotland’s most established and respected heritage architecture practices.

This dual-layer design structure—combining global architectural vision with local heritage and planning expertise—is intended to support a comprehensive and high-quality design proposal while enhancing the likelihood of securing planning approval.

Under the collaboration framework, KKAA is responsible for the conceptual architectural and landscape design of the oriental garden and exhibition spaces, with a focus on materiality, spatial narrative, and the contemporary expression of Eastern philosophy within a historic European context.

Simpson & Brown will provide specialist heritage and planning advisory services, including the integration of the proposed design with the historic fabric and setting of Fernie Castle, guidance on alignment with UK and Scottish planning regulations and heritage protection policies, and early-stage advisory support throughout the planning approval process, drawing on extensive experience with local authorities and heritage bodies.

MDLG serves as project sponsor and overall coordinator, overseeing strategic positioning, investment rationale, design governance, and long-term operational planning.

This three-party collaboration is designed to align design ambition with heritage considerations and regulatory compliance, helping to mitigate execution and approval risks commonly associated with the development of historic estate.

Strategic Significance for MDJM LTD

MDJM LTD management commented: “By partnering with Kengo Kuma & Associates and Simpson & Brown, two firms bringing international design vision and local heritage and planning expertise respectively, we aim to support a high-quality design proposal that achieves both design excellence and planning certainty for the Fernie Castle Oriental Garden and Castle Exhibition Project. This structure strengthens the project’s long-term value and execution reliability.”

This project is expected to serve as a showcase for MDLG in the fields of historical and cultural asset enhancement, international cultural exchange, and development of premium animation exhibition spaces, continuously amplifying its cultural influence and long-term asset value.

About MD Local Global Ltd.

MD Local Global Ltd. is a UK-based cultural innovation company specializing in cultural IP development, animation production, international licensing, and cultural venue operations. The Company aims to integrate Eastern philosophy with international artistic practices, creating a global cultural ecosystem built on storytelling and immersive experience.

About Simpson & Brown LLP

Founded in 1977 and headquartered in Edinburgh, Simpson & Brown is one of Scotland’s leading specialist architectural practices in historic building conservation and heritage-led design. The firm is widely recognized for its expertise in the conservation and enhancement of listed buildings and scheduled monuments, as well as castles, historic houses, and culturally significant estates.

Simpson & Brown is particularly noted for its conservation-led approach to the adaptation and reuse of heritage assets, balancing architectural integrity with contemporary use. The firm maintains long-standing working relationships with Historic Environment Scotland and local planning authorities, and its involvement in heritage projects is widely regarded as a strong indicator of planning credibility and regulatory compliance.

Simpson & Brown Architects – Selected Representative Projects

I. Castles & Historic Estates

Stirling Castle
Conservation and heritage works associated with one of Scotland’s most significant national castles, including historic fabric protection and visitor experience enhancement.

Edinburgh Castle
Involvement in multiple conservation, repair, and public realm improvement works at Scotland’s most visited historic monument.

Dunnottar Castle
Heritage and structural advisory services for the conservation of this internationally recognised cliff-top castle.

II. National and Listed Heritage Buildings

The Palace of Holyroodhouse
Conservation-related works at the official Scottish residence of the British monarch.

Paisley Abbey
Conservation-led restoration and long-term maintenance planning for this major ecclesiastical heritage site.

Mount Stuart, Isle of Bute
Restoration and adaptive reuse works at one of Scotland’s most important Victorian historic houses.

III. Adaptive Reuse & Public Heritage Projects

Glasgow School of Art – Heritage Advisory Works
Specialist conservation advisory services for one of the UK’s most important architectural landmarks.

Custom House, Leith
Conservation-led adaptation and reuse of a historic public building.

Multiple A-Listed Buildings Across Scotland
Ongoing conservation, repair, and reuse projects involving Scotland’s highest category of protected buildings.

IV. Institutional Collaboration

Long-standing collaboration with Historic Environment Scotland, contributing to nationally significant heritage projects.

Regular engagement with local planning authorities, providing conservation expertise and planning support for heritage-led developments.

Forward-Looking Statements

This announcement contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Act. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission.

Investor Contact:
Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
Email: sherry@wavecrestipo.com

 

BingX Market Report: Vietnam Hits $230 Billion Volume & 55% YoY Growth in 2025

PANAMA CITY, Dec. 23, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, announced its continued partnership with Coin68 and Kyros Ventures to publish the Vietnam Crypto Market Report 2025. This marks the second consecutive year BingX has sponsored the report, reinforcing its long-term commitment to supporting crypto communities through transparent research, education, and data-driven insights. For BingX, the partnership reflects a broader global mission: empowering communities with the knowledge needed to navigate an increasingly complex digital asset landscape.

BingX Market Report: Vietnam Hits $230 Billion Volume & 55% YoY Growth in 2025
BingX Market Report: Vietnam Hits $230 Billion Volume & 55% YoY Growth in 2025

This year’s report highlights major shifts in Vietnam’s rapidly evolving crypto landscape:

  • Vietnam recorded USD 220–230 billion in on-chain transaction volume, representing 55% year-over-year growth.
  • 88% of respondents are under the age of 35, reinforcing Vietnam’s position as a youth-driven market.
  • 55% of investors reported losses in 2025, reflecting widening differences in strategy and experience levels.
  • CEX platforms remain the dominant trading channel, though interest in DEX and Perp DEX continues to rise.

Together, these data points illustrate a market entering a pivotal phase where regulation, technology, and user behavior converge.

“At BingX, we believe credible, community-focused research is essential to the growth and maturity of the industry worldwide,” said Vivien Lin, Chief Product Officer at BingX. “By continuing to support this report, BingX aims to contribute to a safer, more informed, and more sustainable environment as part of our broader effort to strengthen crypto communities globally.”

By supporting the 2025 edition of the Vietnam Crypto Market Report, BingX continues to expand its global community and education efforts, complementing initiatives such as BingX Academy, which provides structured learning resources for users at all experience levels, as well as its sponsorship of CoinGecko’s quarterly industry reports. Together, these efforts reflect BingX’s commitment to combining credible research, accessible education, and open data to empower users in making informed decisions in BingX’s evolving ecosystem.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 40 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/

Massimo Group Highlights Dealer Network Momentum, Organizational Expansion and Product-Led Strategy Entering 2026

GARLAND, Texas, Dec. 23, 2025 /PRNewswire/ — Massimo Group (NASDAQ: MAMO), a manufacturer and distributor of powersports vehicles and electric mobility solutions, today provided an update on its dealer network momentum, organizational expansion, and strategic initiatives as the Company prepares for accelerated dealer-led growth in 2026.

Massimo Group Dealer Momentum - New Sentinel and MVR Series
Massimo Group Dealer Momentum – New Sentinel and MVR Series

Dealer Network Momentum: 2025 Review and Expansion Outlook

Throughout 2025, Massimo made dealer network development a core pillar of its growth strategy, investing in channel expansion, internal infrastructure and dealer support capabilities. As the Company closes out the year, it continues to strengthen its authorized dealer footprint across key U.S. markets, expanding customer access while laying the groundwork for the rollout of higher-value product platforms.

Management views continued dealer network expansion as critical to supporting product commercialization, improving brand visibility and driving long-term, sustainable growth.

Q4 2025 Momentum and Dealer Signings

Massimo experienced increased momentum in dealer development during the fourth quarter of 2025. In Q4 alone, the Company executed agreements with several new dealer partners, reflecting growing interest from dealers aligned with Massimo’s evolving product strategy and partnership-driven model.

The Company believes this acceleration reflects improved execution, clearer product positioning, and increasing alignment between dealer market needs and Massimo’s long-term roadmap.

Organizational Expansion Supporting 2026 Growth

To support the next phase of dealer expansion, Massimo completed key organizational enhancements in 2025. The Company appointed a Vice President of Dealer Development to lead dealer recruitment, onboarding, and performance initiatives, reinforcing its commitment to building a scalable and high-quality dealer network.

In addition, Massimo hired a Manager of Fleet Sales, further strengthening its commercial capabilities and supporting the development of a more comprehensive dealer and fleet-oriented go-to-market strategy. These hires are integral to the Company’s refreshed dealer program, which is scheduled to launch in January 2026.

Management views these organizational additions as a transition from foundational network building toward a more execution-focused growth phase.

Product Strategy Supporting Dealer Profitability

Massimo’s dealer initiatives are supported by a differentiated product roadmap designed to improve dealer competitiveness and profitability, including:

  • The Sentinel Series, the Company’s next-generation UTV platform positioned to deliver higher-value features and performance.
  • The MVR HVAC Series, a new line of fully enclosed electric vehicles equipped with integrated heating and air conditioning, designed to help dealers differentiate their offerings in both consumer and commercial markets.

Several established dealer partners have already executed purchase agreements for units within these new product series. In addition, Massimo has initiated a preorder program for its 2026 Sentinel models, which is gaining solid early traction as dealers plan for the upcoming selling season.

Positioned for Dealer-Led Growth in 2026

Looking ahead to 2026, Massimo plans to increase its focus and investment in dealer development, emphasizing dealer quality, operational consistency, and long-term partnership alignment. Management believes the dealer channel will remain a key driver of sustainable revenue growth and successful product commercialization.

With an expanded dealer organization, growing dealer engagement, and an increasingly differentiated product lineup, Massimo believes it is well positioned to pursue disciplined, dealer-led growth while continuing to build long-term value for shareholders.

About Massimo Group (NASDAQ: MAMO)

Massimo Group is a manufacturer and distributor of powersports and electric vehicles headquartered in Garland, Texas. The company’s portfolio includes UTVs, ATVs, e-bikes, and electric utility vehicles known for performance, reliability and value.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo Group. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo Group’s future results of operations and financial position, Massimo Group’s business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo Group are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo Group which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo Group may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those listed under “Risk Factors” in our Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Moreover, Massimo Group operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo Group’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo Group undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

Quenton Petersen
Vice President
Massimo Group
Email: ir@massimomotor.com 

Bybit Unveils Mantle Vault: Yield-Bearing, Flexible, and Built for Scalable Stablecoin Returns

DUBAI, UAE, Dec. 23, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, in partnership with Mantle and Cian, announces the launch of Mantle Vault on Bybit On-Chain Earn today, a stablecoin on-chain yield asset management product offering competitive APR,  lower risk and highly flexible access through market-neutral strategies. Mantle Vault will become part of Bybit’s On-Chain Earn suite.

Mantle Vault is designed to optimize APR performance across market cycles powered by on-chain yield opportunities, targeting consistent performance even in volatility. Built for long-term stability, it combines institutional-grade DeFi infrastructure, flexible liquidity, and ease of access.

Bybit complements this integration by acting as the global access and distribution layer, allowing millions of users to enter Mantle’s onchain economy through a familiar interface while benefiting from fully onchain execution. The addition of Mantle’s latest flagship on-chain yield product aligns with Bybit Earn‘s vision to provide a pioneering product suite that helps users capture market opportunities in the fast-moving world of digital assets.

Mantle Network provides the scalable infrastructure required for these automated strategies, supporting fast settlement, low fees, and seamless integration across the broader ecosystem. CIAN specializes in developing and operating structured onchain yield products, abstracting complex DeFi strategies into simple, user-friendly vaults. By deploying natively on Mantle, CIAN enables stablecoin yield strategies to operate with greater efficiency, transparency, and composability within Mantle’s low-cost, high-performance execution environment.

“Mantle Vault represents a new era of accessible DeFi yield. This product delivers competitive, market-neutral returns with the flexibility users demand regardless of market conditions. It’s institutional-grade infrastructure made simple for everyone,” said Jerry Li, Head of Financial Products and Wealth Management at Bybit.

“This partnership demonstrates how Mantle serves as the execution and distribution layer for scalable onchain yield,” said Emily, Key Advisor at Mantle. “By abstracting complexity and delivering institutional-grade strategies through familiar access points, Mantle Vault brings structured DeFi yield closer to mainstream adoption.”

How It Works

Mantle Vault deploys user assets into audited, scalable DeFi protocols such as Aave V3, operating across both Ethereum Mainnet and the Mantle network. Yield is generated through stablecoin lending interest, staking rewards, and protocol incentives, which are all automatically compounded and managed through Cians on-chain execution infrastructure.

Key Features

  • Stable Yield Across Market Cycles: Targeting up to 5–10% APR in bear markets; up to 10-25% in bull markets
  • Market-Neutral Risk Management: Structured strategies built to mitigate drastic price volatility
  • Flexible Liquidity: Deposit or request withdrawal anytime
  • Low Entry Threshold: Starting from as little as 10 USDT or USDC

Mantle Vault sets a new standard for stablecoin asset management on Bybit On-Chain Earn, offering professionally structured DeFi yield that is simple, flexible, and built for scalability all in one platform.

Bybit Unveils Mantle Vault: Yield-Bearing, Flexible, and Built for Scalable Stablecoin Returns
Bybit Unveils Mantle Vault: Yield-Bearing, Flexible, and Built for Scalable Stablecoin Returns

Terms and conditions apply. For details on qualification rules, restrictions, and eligibility, users may visit: [Bybit x Mantle x Cian] Introducing Mantle Vault: Stablecoin on-chain yield strategy built for stability, flexibility, and scale

#Bybit / #CryptoArk / #IMakeIt

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Elong Power Holding Limited Announces Effective Date of Reverse Stock Split

BEIJING, Dec. 23, 2025 /PRNewswire/ — Elong Power Holding Limited (“Elong Power” or the “Company”) (Nasdaq: ELPW), a provider of high power battery technologies for commercial and specialty alternative energy vehicles and energy storage systems, today announced that it has resolved to effect a reverse stock split of the Company’s ordinary shares, with the split ratio set at 16-for-1. The reverse stock split was approved by the Company’s shareholders at a special meeting held on November 24, 2025. Elong Power’s Class A ordinary shares will begin trading on an adjusted basis, reflecting the reverse stock split, on December 26, 2026, under the existing ticker symbol “ELPW.” The new CUSIP number for the Company’s Class A ordinary shares will be G3016G111.

Upon the effectiveness of the reverse stock split, every sixteen shares of the Company’s issued and outstanding Class A ordinary shares as of the effective date will automatically be combined into one Class A ordinary share. This adjustment will reduce the total number of outstanding ordinary shares of Elong Power from approximately 61.3 million to approximately 3.8 million.

In conjunction with the reverse stock split, the Company also amended its Memorandum of Association to proportionately reduce the number of authorized shares for issuance and to adjust the par value of the post-reverse stock split ordinary shares to $0.00016 per share.

The reverse stock split is part of the Company’s efforts to bring its stock into compliance with the minimum bid price requirement for maintaining the listing of its Common Stock on the Nasdaq Capital Market. Nasdaq requires listed companies to maintain a minimum bid price of at least $1.00 per share to remain in compliance with its listing standards.

In addition, outstanding warrants and options will be adjusted on a proportionate basis or pursuant to the terms of such warrants and options in accordance with the reverse stock split. No fractional shares will be issued; instead, shareholders who would otherwise be entitled to a fractional share will have their entitlement rounded up to the nearest whole share.

Further details regarding the reverse stock split and the associated changes to the Company’s share capital can be found in Elong Power’s notice of annual general meeting, filed with the Securities and Exchange Commission on November 3, 2025.

About Elong Power

Elong Power Holding Limited, a Cayman Islands exempted company, is committed to the research and development, manufacturing, sales and service of high-power lithium-ion batteries for electric vehicles and construction machinery, as well as large-capacity, long-cycle lithium-ion batteries for energy storage systems. Elong Power is led by Ms. Xiaodan Liu, Elong Power’s Chairwoman and CEO.

Elong Power has a comprehensive product and technology system that includes battery cells, modules, system integration, and battery management system development, based on high-power lithium-ion batteries and battery system products for long-cycle energy storage devices. Elong Power offers advanced energy applications and full life cycle services. Its product portfolio includes products utilizing lithium manganese oxide and lithium iron phosphate, among others, to meet the needs of high-power applications and energy storage applications in various scenarios.

Forward-looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products offered by Elong Power and the markets in which it operates, and Elong Power’s projected future results. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this document, including, but not limited to: the ability of Elong Power to maintain the listing of its securities on Nasdaq; the fact that the price of Elong Power’s securities may be volatile due to a variety of factors, including changes in the competitive and highly regulated industries in which Elong Power operates; variations in performance across competitors; changes in laws and regulations affecting Elong Power’s business and changes in its capital structure; the ability to implement business plans, meet forecasts and other expectations; its need for substantial additional funds; the parties’ dependence on third-party suppliers; risks relating to the results of research and development activities, market and other conditions; its ability to attract, integrate, and retain key personnel; risks related to its growth strategy; risks related to patent and intellectual property matters; and the ability to obtain, perform under and maintain financing and strategic agreements and relationships. Accordingly, these forward-looking statements do not constitute guarantees of future performance, and you are cautioned not to place undue reliance on these forward-looking statements. Risks regarding Elong Power’s business are described in detail in Elong Power’s SEC filings which are available on the SEC’s website at www.sec.gov, including in Elong Power’s Shell Company Report on Form 20-F and Elong Power’s subsequent filings with the SEC. These forward-looking statements speak only as of the date hereof, and Elong Power expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in our expectations or any changes in events, conditions, or circumstances on which any such statement is based, except as required by law.

Elong Power Investor Contact
ir@elongpower.com