BEIJING, Jan. 23, 2026 /PRNewswire/ — JA Solar, a trusted global partner in green energy, is rapidly expanding the global deployment of its DeepBlue 5.0 modules across utility, C&I, and residential markets, as developers increasingly prioritize long-term value, bankability, and risk mitigation in a more volatile global PV market.
JA Solar’s DeepBlue 5.0 Delivers Bankable Performance in a Changing Global PV Market
Reflecting the promise of “Performance You Can Bank On,” DeepBlue 5.0 delivers higher energy yield through four core strengths—area utilization, quality, performance and scenario adaptability. Its selection for South Korea’s 410 MW Haenam Bukil project, the country’s largest ground-mounted PV plant, highlights growing confidence in its long-term investment value.
Smarter Area Utilization – More Power per Module
DeepBlue 5.0 adopts a full-screen front design that removes inactive areas, enabled by zero-gap flexible interconnection, hidden busbars, and multi-cut cell technology.
Up to 15 mm more active cell length and ~25 mm more edge utilization
1.82% increase in effective generation area
Up to 20 W higher output
With power ratings up to 670 W and efficiency of 24.8%, developers gain higher power density without increasing installation footprint.
Stronger Structural Engineering – Reliability by Design
A new structural platform enhances density, uniformity, and durability under real-world stress. Key upgrades include:
Improved CSE encapsulation for better sealing and moisture resistance
Triangular junction-box layout for optimized load dispersion
Micron-level manufacturing control for reduced cutting loss and higher yield
Together, these design and manufacturing upgrades reduce long-term performance uncertainty, supporting financing confidence and bankability across large-scale and C&I projects.
Higher Lifetime Performance – More Energy in All Conditions
DeepBlue 5.0 boosts energy yield across varying irradiance and throughout its lifecycle.
Multi-cut architecture reduces shading impact
Low-light optimization delivers up to 3.26% gains in mornings, evenings, and cloudy weather
Bifaciality up to 85% enhances rear-side generation
This translates into lower LCOE and more predictable cash flows over the project lifecycle—critical advantages as input costs and financing scrutiny increase.
Broader Scenario Adaptability – Ready for Diverse Environments
DeepBlue 5.0 is engineered for stable performance across utility, rooftop, and challenging climates.
Patented dust-mitigation frame reduces soiling
Enhanced resistance to damp heat, mechanical loads, and hotspots
Seamless front surface supports architectural integration
The result is lower O&M needs, stronger output stability, and suitability for multi-scenario.
A Reliable Choice in a Market Facing Rising Costs
As module prices rise due to raw-material pressures, supply-chain shifts and evolving trade policies, upfront cost alone is no longer the deciding factor. Developers are increasingly focused on long-term certainty, predictable performance, and partner reliability.
Backed by independent third‑party validation and rigorous quality control, DeepBlue 5.0 delivers more performance with the same trust, embodying JA Solar’s long‑standing commitment to reliable, high‑quality products. With this foundation, JA Solar continues to serve as a trusted global partner, providing developers with confidence, stability, and bankable returns in an increasingly dynamic and cost-sensitive global PV market.
SAN FRANCISCO, Jan. 23, 2026 /PRNewswire/ — Goeroptics, a world’s leading AR&MR solution provider, unveiled a suite of advanced XR optical solutions at SPIE AR|VR|MR 2026. The company debut its latest AR flagship product, the F50Se — a 50° FoV full-color silicon carbide (SiC) etched optical module designed for seamless AR experiences. Demonstrating its advanced XR optics technology, Goeroptics also showcased full-color AR optical modules F15Pi (polymer) and F25Ge (glass), as well as a range of ultra-compact MR pancake modules at the exhibition.
Large-FoV SiC Module Enables AR Performance Breakthrough
The newly introduced F50Se module delivers performance advantages through material innovation and upgraded fabrication processes.
The FoV of AR display is fundamentally limited by the refractive index of the waveguide materials. Mainstream glass waveguides currently offer a maximum refractive index of approximately 2.0, limiting single-layer full-color waveguides to FoVs below 30°. Exceeding this limit typically introduces optical artifacts such as color distortion and edge vignetting. In the F50Se development process, Goeroptics overcomes this longstanding FoV constraint by innovatively adopting silicon carbide (SiC) with a refractive index of 2.65 as the waveguide substrate, enabling a FoV expansion to 50°.
This material innovation required corresponding upgrades in fabrication processes. To address the exceptional hardness and chemical stability of SiC—which render it unsuitable for conventional nanoimprint lithography—Goeroptics adopts ion beam etching (IBE) alongside an innovative grating design. By maintaining the overall reflectivity of the SiC waveguides below 5%, the company effectively suppresses common AR display artifacts such as ghosting and rainbow effects, resulting in a significant improvement in visual purity.
Paired with a full-color and ultra-compact LCoS light engine, the F50Se delivers over 1500 nits of brightness, enabling a large-screen-like viewing experience.
Goeroptics showcased a diverse portfolio of optical solutions tailored to a wide range of XR use cases.
For consumer applications where lightweight design is critical, the F30Se offers a 30° field of view using SiC fully-laminated waveguide with a thickness of just 0.65mm and total weight of 3.5 grams. The F15Pi full-color polymer module adopts a high-refractive-index polymer material, delivering a lightweight yet durable design. Optimized micro-nano grating structures increase waveguide transmittance to over 92%, effectively reducing rainbow artifacts. Combined with an ultra-compact 0.2cc full-color Micro-LED optical engine, the F15Pi is well-suited for all-day wear.
For outdoor and industrial environments with high ambient light, Goeroptics introduced the F25Ge full-color etched waveguide module. Paired with a 0.2cc high-efficiency Micro-LED light engine, it achieves a peak eye-box brightness of 4,200 nits, ensuring excellent readability under bright lighting conditions.
For mixed reality (MR) applications, Goeroptics continues to lead in the development of ultra-compact Pancake modules. The latest Star LE51-D Pancake module features an 85.5° FoV and 29 pixels per degree (PPD) resolution within a 14 mm total track length (TTL), and integrates diopter adjustment from -700° to +200° for users with myopia. The Star LE52 module further reduces the TTL to 13.6mm，with an optimized 0.68-inch Micro-OLED display.
Advancing XR Industry Growth through Innovation
SPIE AR|VR|MR, organized by the International Society for Optics and Photonics, is the most professional and influential global platform for XR display technologies.
At this year’s SPIE event, Goeroptics presented its SiC waveguide series along with a range of application-focused XR optical solutions. These innovations are set to accelerate the integration of AR and MR technologies across an expanding spectrum of use cases—from 3D entertainment, gaming, and multi-screen productivity to industrial maintenance and outdoor operations. Continued advances in materials and fabrication processes are driving the XR optics industry toward solutions that are thinner, clearer and more adaptable.
TAIPEI, Jan. 23, 2026 /PRNewswire/ — AVA, a brand of Taiwan-listed eMPIA Technology [3556.TWO], closed 2025 with strong global momentum driven by rapid Asia-Pacific channel expansion and growing market adoption of its wireless collaboration solutions. Building on this success, AVA will exhibit at Integrated Systems Europe (ISE) 2026, where it will unveil two major innovative solutions designed for next-generation collaboration, training, and control room.
AVA to Showcase OnCollab and IllumiNet Series in 2026 Following Strong Asia-Pacific Expansion
The first is IllumiNetWireless Multi-Screen Control, a software-defined AVoIP platform designed for control rooms, training centers, and multi-screen collaboration spaces. IllumiNet enables intuitive wireless control, switching, and monitoring of multiple displays from a single iPad, making it ideal for command centers, and advanced training rooms .
The second highlight is OnCollab A10 Wireless Conferencing Device for dual-screen collaboration, a conferencing-ready solution that redefines how teams collaborate in video meetings. Users can dedicate one screen for live video conferencing while simultaneously using a second screen for annotation, whiteboarding, or content discussion.
Expanding Asia-Pacific Channel Presence
Throughout 2025, AVA significantly expanded its Asia-Pacific channel footprint beyond Taiwan, establishing active market presence across India, Thailand, Japan, China, Singapore, Indonesia, and Malaysia. This expansion reflects rising demand for flexible collaboration, training room, and control room solutions across education, enterprise, and government sectors.
Actively Seeking Global Partners at ISE 2026
As part of its global growth strategy, AVA will use ISE 2026 as a key platform to engage new international partners. AVA welcomes collaboration opportunities with distributors, system integrators, interactive flat panel brands (IFP), and leading AV solution providers who share a common vision for open, interoperable collaboration ecosystems.
AVA’s wireless collaboration solutions are already integrated into IFP from IQBoard, Jector, and Genetouch, validating their compatibility and value within IFP ecosystems. AVA has also publicly demonstrated BYOM bundle solutions in Taiwan in collaboration with mainstream video conferencing brands such as Logitech, Poly, Jabra, Audio-Technica, ClearOne, Aver, and Lumens.
AVA at ISE 2026
Venue: #1B440, Hall 1, Fira Barcelona, Spain
Date: February 3–6, 2026
To experience AVA’s latest collaboration innovations, visitors are invited to reserve a booth tour through sales@avacast.net.
About AVA
AVA, a brand of Taiwan-listed eMPIA Technology, brings over 20 years of expertise in audio and video IC innovation. Leveraging eMPIA’s proven technology heritage, AVA specializes in next-generation wireless collaboration and ProAV solutions.
This handout photograph released by Griffith University's Maixme Aubert on January 21, 2026, shows a view of prehistoric cave paintings in the Sulawesi island of Indonesia. In the caves of Sulawesi, Indonesia, researchers have discovered slender stenciled hands with deliberately elongated, claw-like fingernailsthe oldest example of rock art in the world, dating back 67,800 years. (Photo by Maxime AUBERT / GRIFFITH UNIVERSITY / AFP)
By Frédéric Bourigault/AFP –A red stencil of a hand pressed against the wall of an Indonesian cave is the oldest rock art ever discovered, scientists said on 22 January, and sheds light on how humans first migrated to Australia.
The cave art dates back at least 67,800 years, according to research published in the journal Nature by a team of Indonesian and Australian archaeologists.
“We have been working in Indonesia for a long time,” study co-author Maxime Aubert of Australia’s Griffith University told AFP.
This time they ventured to caves on the island of Muna in the Sulawesi province on the advice of Indonesian archaeologist Adhi Agus Oktaviana, the study’s lead author.
There they found “handprints in negative, stencilled, probably using red ochre,” Aubert said.
The fingers of one of the hands were “retouched to become pointed like claws, a style of painting only seen in Sulawesi,” the Canadian archaeologist added.
To determine the art’s age, the team took five-millimetre samples from “cave popcorn”, which are small clusters of calcite that form on the walls of limestone caves.
Then they zapped the layers of rock with a laser to measure how the uranium decayed over time, compared to a more stable radioactive element called thorium.
This “very precise” technique gave the scientists a clear minimum age for the painting, Aubert explained.
At 67,800 years old, the Indonesian stencil is more than a thousand years older than other hand stencils found in a Spanish cave which has been attributed to Neanderthals. However the dating of that cave art “has been controversial,” the study cautioned.
The new discovery is also more than 15,000 years older than previous art found in the Sulawesi region by the same team.
The scientists also established that the Muna caves had been used for rock art many times over a long period.
Some of the ancient art was even painted over up to 35,000 later, Aubert said.
A Fork in the Road
Beyond setting a new record, the art also offers clues for a long-running historical mystery.
Scientists have been divided about how Homo sapiens first journeyed from Asia to Australia.
They could have taken the northern route, travelling by boat through Indonesia islands including Sulawesi to Papua New Guinea.
These ancient humans could then have walked the rest of the way, at the time, Papua New Guinea and Australia were both part of a supercontinent called Sahul.
Or the migrants could have taken the southern route, travelling through the islands of Sumatra, Java and Bali before heading for Timor. Then a boat ride was required to finally make it to Australia.
“These paintings provide the first evidence that modern humans were on these Indonesian islands at that time,” Aubert said.
The discovery also “reinforces the idea that people arrived in Australia via Papua, perhaps around 65,000 years ago”, he said.
But it could not be ruled that other people were also making their way to Australia via the southern route at the same time, he added.
The researchers also said that the paintings were very likely created by people closely linked to the ancestors of Indigenous Australians.
SINGAPORE, Jan. 23, 2026 /PRNewswire/ — Mining Asia (https://www.miningasiaconvention.com), South East Asia’s largest and longest standing mining conference and exhibition showcasing the region’s dynamic mining sector to an international audience of investors, industry leaders and key mining stakeholders, is returning to Singapore Marina Bay Sands Expo and Convention Centre from 23-24 June 2026.
Mining Asia Conference & Expo 2026 – A Platform for Networking, Thought Leadership and Exhibition Showcase
For the 2026 edition, Mining Asia expands its focus to include clean energy technologies, batteries, EVs and renewable energy within its conference themes. This evolution reflects the industry’s shift towards sustainable mining practices and integration of green technologies across mining operations.
Clean energy, batteries and renewables for Mining Asia
The current energy transition to deliver a clean energy future – powered by renewable energy and electric vehicles – is a defining conversation of our time. For South East Asia, this transition carries particular urgency as the region faces escalating impacts of climate change, including record breaking heat waves, severe droughts and rising sea levels.
Mining Asia has long been at the forefront of championing the South East Asian and wider Asian mining sector, recognizing mining’s vital role as a key economic driver for the region. As the world pivots away from coal and accelerates the shift towards clean energy, critical minerals such as nickel, lithium and rare earths have become essential to reducing dependence on fossil fuels.
With Asia Pacific countries such as Indonesia, China and Australia emerging as major critical minerals producers, Singapore’s strategic location and reputation as a global finance hub position it as the ideal gateway for fostering investments and dialogue on clean energy, batteries and renewables. Mining Asia thus serves as the premier platform to shape the region’s sustainable energy future.
Attendee profile
More than 70% of attendees at Mining Asia come from Asia and the Middle East while Australia, Europe and Americas make up the remaining 30%. This strong regional presence makes Mining Asia the ideal platform for international mining and energy companies seeking to connect with Asia based investors and showcase their projects to a highly targeted audience.
Our investor base includes banks, institutional and private investors, all seeking new opportunities in the mining, energy and clean technology sectors. This qualified investor pool continues to grow yearly, underscoring Mining Asia’s proven ability to attract new investors to the event.
Daniel Radziszewski, Managing Director of Spire Events – organisers of Mining Asia since 2015 – states that “Over the past 11 years, the high quality of the speakers assembled at this event has provided insightful regional and international perspectives, leading to Mining Asia being recognised as the leading event in the region for global companies and individuals who wish to understand what makes South East Asia mining industry tick.”
He added, “Regular attendees at Mining Asia over the past decade have given feedback that they appreciate the diversity of conference topics, speakers and exhibitors as it provides useful opportunities to learn latest industry developments and establish new business contacts”.
Spire Events is a Singapore based events company specialising in mining & energy conferences and expos. Mining Asia is part of the global Critical Minerals, Mining & Clean Energy Conference Series that spans across various locations in Asia, Europe, Latin and North America and Australia.
Spire Events also organises the MiningTech Conference Series which focuses on technology in mining and they are held in Brazil and Canada. Besides conferences, Spire Events also organises large scale mining and energy expos in Africa, namely Mauritania and Botswana. The full calendar of events can be found at www.spire-events.com
PR Newswire is the Official Press Release Distribution Partner of Mining Asia Conference and Expo
Bolaven Plateau coffee harvesting. (Picture by The Bolaven Plateau Coffee Producers Cooperative)
Laos is advancing to transform its coffee sector by 2027, shifting the focus to higher value, cleaner production, and stronger access to international markets. The effort centers on the Bolaven Plateau, the country’s primary coffee-growing region.
Coffee remains one of Laos’ leading agricultural exports, generating more than USD 200 million annually. However, developers say the next phase is less about increasing volume and more about quality, branding, and long-term sustainability.
To explore how emerging technology and investment could reshape Lao coffee’s future, The Laotian Times spoke with Ryutaro Nishio, representative of Lao Green Hydrogen (LGH), and Toshihiro Mochizuki, Managing Director of Pakse-Japan SME SEZ Development Co., Ltd. (PJSEZ), where a hydrogen-roasted coffee plant is currently on the way.
Hydrogen roasting and value creation
Lao producers, authorities, and Japanese-led LGH inspecting coffee hydrogen technology. (Picture by LGH)
A key part of the expansion plan is hydrogen-powered coffee roasting, developed through cooperation between Lao producers, authorities, and Japanese-led LGH.
Nishio said “At LGH, we are planning to purchase up to 6,000 tonnes of green beans per year and produce around 5,000 tonnes of roasted coffee annually in the future. This is not only an investment in roasting capacity, but a way to create long-term, stable demand.”
Unlike traditional roasting, hydrogen roasting uses green hydrogen and produces only water as a by-product. Nishio continued “When hydrogen is used, the only result of combustion is water, allowing production to scale while keeping environmental impact low.”
Clean Coffee, Beyond Emissions
Clear, smooth cup with fewer unwanted notes of coffee, making the natural characteristics of Lao coffee and its origin to stand out. (Picture by Laos Coffee)
For Nishio, “clean coffee” goes beyond just lower carbon emissions, it is also cleanliness in taste, a concept that bridges environmental responsibility with consumer experience.
From a flavor perspective, hydrogen roasting reduces combustion-related impurities and allows for more stable roasting conditions. He stated “This helps produce a clear, smooth cup with fewer unwanted notes and allows the natural characteristics of Lao coffee and its origin to stand out.”
The technology improves stability and helps with flavour-loss, potentially extending shelf life.
Nishio added, “In that sense, clean coffee is something you can experience, not just explain in theory.”
This experiential quality could prove decisive in premium markets, where consumers increasingly seek transparency and distinctive taste characteristics alongside sustainability credentials.
Hydropower and Cost Advantage
Nam Theun 1 Hydropower containing Laos’ abundant hydropower. (Picture by ASEAN Briefing)
Laos’ abundant hydropower plays a central role in making hydrogen roasting feasible at scale. The country generates approximately 80 percent of its electricity from hydropower, providing one of the lowest electricity costs in the region. Low electricity costs help keep hydrogen production affordable, supporting cleaner processing without sharply raising costs.
Nishio confirmed “One reason this technology suits Laos, because it allows coffee to remain price-competitive while meeting rising expectations around sustainability.”
Bolaven Plateau and growing investor interest
the Bolaven Plateau coffee field, which shaped by its volcanic soil, cool climate, and high-altitude growing conditions. (picture by TripJive)
At PJSEZ in Champasak Province, developers said Bolaven Plateau coffee offers strong appeal for international partners.
Mochizuki said “We understand that Bolaven Plateau coffee is shaped by its volcanic soil, cool climate, and high-altitude growing conditions. It offers bright, citrusy and floral Arabica, as well as smoother Robusta, supported by smallholder farmers and cooperative-driven quality.”
The plateau, situated at elevations between 1,000 and 1,350 meters above sea level, provides ideal conditions for coffee cultivation. Its volcanic soil, rich in minerals, combined with consistent rainfall and moderate temperatures, creates distinct flavor profiles that specialty roasters value.
PJSEZ has attracted LGH to establish a hydrogen-roasted coffee plant in the zone since 2024, with construction currently underway and Lao coffee’s international presence is also already growing as well.
He explained that Lao coffee was rarely available in Japan a decade ago, but has since become easier to find, with its recognition steadily increasing. He noted, “Hydrogen-roasted coffee can maintain its original taste and aroma longer compared to general coffee products.”
Markets, challenges, and the road to 2027
Developers believe the combination of clean production and improved quality could help Lao coffee reach higher-end and new international markets, particularly in Japan, Europe, and North America where sustainability standards are becoming increasingly stringent.
Nishio explained “International markets increasingly care about decarbonisation, but what ultimately determines repeat purchases is taste and quality. By combining Lao origin, green hydrogen, and clean taste, we believe recognition and brand value can improve significantly.”
The European Union carbon border adjustment mechanism and similar regulations in other markets are expected to favor products with verifiable low-carbon production methods, potentially giving hydrogen-roasted Lao coffee a competitive edge.
Meanwhile, looking ahead to 2027, PJSEZ expects coffee to play a growing role in export growth and regional development in southern Laos, creating employment opportunities and supporting rural livelihoods.
Mochizuki mentioned “We see opportunities through sustainable production, value addition using new technologies like hydrogen roasting, and better international market access.”
He also highlighted ongoing challenges: “Key issues include inconsistent quality, high logistics costs, climate change, and the need for technical training, certification, and infrastructure.”
These issues are common in developing coffee origins, with quality gaps linked to limited equipment and training, Laos’ landlocked location raising transport costs, and climate change causing unpredictable weather.
What Success Looks Like for local and farmers
Farmers and local people harvesting coffee in Bolaven Plateau. (Picture by Council on Smallholder Agricultural Finance.)
Despite these difficulties, both sides see long-term potential for communities and farmers.
Nishio noted “For communities on the Bolaven Plateau, success means having reliable buyers and coffee farming established as a long-term, sustainable industry.”
He also added “For farmers, the most important thing is having clear buyers and having their quality properly recognised. Production growth and value creation need to progress at the same time.”
This dual focus on volume and quality reflects lessons from other coffee-producing regions, where market access alone has proven insufficient without corresponding investments in quality improvement and farmer education.
Mochizuki echoed that view, saying the future of Lao coffee depends on linking quality production with long-term market access.
He stated “As foreign investment advances, Lao coffee will continue to expand its presence in Japan, Europe, and the United States.” Meaning, with stable demand, improved processing, and stronger recognition of Bolaven Plateau coffee would help establish the sector as a sustainable driver of regional development.
The success of this hydrogen roasting initiative may also serve as a model for other agricultural sectors in Laos seeking to add value domestically while meeting international sustainability expectations.
As global coffee consumption continues to grow, projected to reach 200 million bags by 2030, Laos’ strategic positioning at the intersection of quality, sustainability, and competitive pricing could prove increasingly valuable.
SINGAPORE, Jan. 23, 2026 /PRNewswire/ — Edufrienz 99 is a Singapore-based digital education platform and Asia’s first platform dedicated to character education and Social Emotional Learning (SEL). The platform supports schools, educators, and families in strengthening children’s holistic development beyond academic achievement.
Across Asia, children are facing increasing emotional pressures, digital distractions, and complex social environments. In response, governments and educators are placing greater emphasis on character education and SEL. Despite this shift, many schools and families continue to lack accessible and practical resources.
Edufrienz 99 addresses this gap through a comprehensive digital library of structured SEL curricula and character education resources. The platform includes teacher guides, character-based stories, videos, interactive activities, and 87 learning topics, heightening the importance of good character traits and 21st-century skills. Resources are made available through an annual subscription model starting at USD 2.49 per month. This approach makes quality character education accessible and affordable for schools and families.
Edufrienz 99 Image
Edufrienz 99 is designed for schools, educators, and parents. The platform combines digital games, printable worksheets, and activities. This approach supports learning through screens and encourages hands-on engagement in classrooms and at home through printed materials. It also supports more purposeful screen use.
“There is a growing awareness that children need more than academic success to thrive in an increasingly complex world,” said Boon, General Manager of Edufrienz 99. “SEL has often been delivered through programs and in-person training, even in Western markets. EduFrienz introduces an easy-to-use SEL-centric digital library to support schools and families.”
Beyond its core platform, Edufrienz 99 is developing original children’s learning characters, including Spark Frienz and Lumi Frienz. These characters are learning companions to reinforce positive values through stories and guided activities. The company also works with partners on curriculum development and education-focused innovation.
Current initiatives include a co-creation with Dr Siti Mariam of Tink It on an executive functioning curriculum and an ongoing AR/VR project with a local polytechnic.
“Executive functioning skills help children manage their learning, emotions, and decisions,” said Dr Siti, Education Specialist and Co-developer of the curriculum. “Our collaboration with Edufrienz 99 focuses on translating research into practical learning experiences for children,” she added.
Edufrienz 99 is open to collaboration with education groups, distributors, NGOs, and organisations across Asia. Partnership opportunities include distribution tie-ups, content co-creation, and licensing initiatives to expand availability to practical and accessible character education globally.
HONG KONG SAR – Media OutReach Newswire – 23 January 2026 – IX Asia Indexes today announced the 2025 4th quarter review of the ixCrypto Index Series and the IX Digital Asset Industry Index Series. The constituent changes will be implemented on the effective date of 30th January 2026 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series
1.1 ixCrypto Index (“IXCI”) The number of constituents will remain unchanged at 19 with 3 additions and 3 deletions.
Additions
BNB
Monero
Zcash
Deletions
Toncoin
Polkadot
Uniswap
After the change, the free float adjusted market capitalization coverage is 86.67%* (excluding stablecoins, which have 8.38% of the total crypto universe), while the 90-day-average volume is 76.82%*. The constituents change above and recapping at 40% will take effect on the effective date.
Since the last review, there has been a decrease in the crypto total market capitalization from USD3.83T to USD3.38T (-11.75%)#, and a decrease in the daily volume from USD163.91B to USD157.69B (-3.79%)#. Bitcoin remains the largest crypto in the constituent list, with its price decreased by 18.41% since the last review.
1.2. ixCrypto Portfolio Indexes
1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)
Addition
BNB
Deletion
Dogecoin
1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).
Additions
BNB
Bitcoin Cash
Deletions
Sui
Chainlink
1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).
Additions
BNB
Bitcoin Cash
Deletions
Sui
Stellar
1.3. ixCrypto BTC/ETH Indexes As of the cut-off date on 31st December 2025, the ixCrypto BTC/ETH 50/50 Index (“IX5050”) maintains a 50%/50% weighting for the ixBitcoin Index (IXBI) and ixEthereum Index (IXEI). The ixCrypto BTC/ETH Proportional Index (“IXPI”) has a weighting of 81.72% and 18.28% for IXBI and IXEI, respectively.
At the upcoming effective date, IX5050 weightings will remain unchanged at 50%/50%. IXPI weightings will be adjusted to 83.12% and 16.88% for IXBI and IXEI, respectively, reflecting the market capitalization proportions of Bitcoin and Ethereum at the cut-off date.
2. Constituent Review- IX Digital Asset Industry Index Series
2.1 ixCrypto Stablecoin Index The number of constituents will increase from 4 to 6 Stablecoin comprises 8.38% of the total crypto universe, and ixCrypto Stablecoin Index covers around 98.97% of the 90-day average market capitalization in the stablecoin universe.
Additions
Paypal USD
World Liberty Financial USD
Deletions No deletion
2.2 ixCrypto Infrastructure Index The number of constituents will decrease from 20 to 19 with 1 addition and 2 deletions.
Additions
Arbitrum
Deletions
GateToken
Vechain
3. Exchange Review As a result of exchange review, 8 exchanges passed the review process, which are as follows:
Passed Exchanges
Binance
MEXC
LBank (NEW)
Bybit
Gate.io
Kucoin (NEW)
Huobi Global
Crypto.com
OKEx
Coinbase Exchange
Removed Exchanges
Bitget
Upbit
The selected 10 exchanges will be used to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checks, founders’ background checks, USD/USDT/USDC/BTC pair coverage, overconcentration rules, exchange API coverage checks, and stability, among other aspects, for an exchange.
For more details about our exchange selection criteria, please email info@ix-index.com. More information on the ixCrypto Indexes, including their constituents and constituents’ weights, is provided in the Appendices, or refer to the website https://ix-index.com/.
*Exclude stable coins and exchange coins that trigger conflict of interest (based on conflict-of-interest rule methodology 3.9, effective on Oct 2, 2020) #As of 31st December 2025, based on the past 90 days average XXXX (NEW)Newly introduced exchanges as of 2025 Q4
Appendix 1
ixCrypto Index (“IXCI”)
Universe
All crypto coins traded in at least two different exchanges around the world
Selection Criteria
Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume
Number of Constituents
19 in Q4 2025
Launch Date
12th December 2018
Base Date
3rd December 2018
Base Value
1,000
Reconstitution Rule
If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening.
Reconstitution and Rebalancing Frequency
Quarterly and with a fast entry rule
Weighting Methodology
Free float adjusted market capitalization weighted with a cap of 40%
Currency
US Dollar
Dissemination
Every 5 seconds for 24×7
(On Bloomberg, Reuters and major information vendors)
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume. For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website
Appendix 3
Weightings of the Constituents of ixCrypto Portfolio Indexes
Index Constituent
ixCrypto 5 EW Index
ixCrypto 5 SR Index
ixCrypto 10 EW Index
ixCrypto 10 SR Index
ixCrypto Altcoin 10 EW Index
ixCrypto
Altcoin 10
SR Index
1
Bitcoin
20.00%
46.23%
10.00%
37.99%
–
–
2
Ethereum
20.00%
20.83%
10.00%
17.12%
10.00%
26.46%
3
XRP
20.00%
11.74%
10.00%
9.64%
10.00%
14.91%
4
BNB
20.00%
11.98%
10.00%
9.84%
10.00%
15.21%
5
Solana
20.00%
9.22%
10.00%
7.58%
10.00%
11.72%
6
TRON
–
–
10.00%
4.71%
10.00%
7.27%
7
Dogecoin
–
–
10.00%
4.12%
10.00%
6.36%
8
Cardano
–
–
10.00%
3.21%
10.00%
4.96%
9
Hyperliquid
–
–
10.00%
2.68%
10.00%
4.15%
10
Bitcoin Cash
–
–
10.00%
3.11%
10.00%
4.82%
11
Chainlink
–
–
–
–
10.00%
4.14%
As of 31 December 2025
Appendix 4
Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index and ixCrypto BTC/ETH Proportional Index
Crypto
90-day-average Crypto
Market Cap
90-day-average Crypto
Volume
Index Level
Weight in BTC/ETH 50/50
Weight in BTC/ETH Proportional
Bitcoin
$1,989,284,098,818
$63,657,225,640
21347.98
50.00%
83.12%
Ethereum
$415,231,257,775
$33,284,215,403
25514.52
50.00%
16.88%
As of 31 December 2025
Appendix 5
Weightings of the Constituents of ixCrypto Stablecoin Indexes
Crypto
90-day-average- Market Cap
90-day-average-
volume
Cut-off
Price
Cumulative
Market Coverage
Weighting (%) After 40% Cap
1
Tether USDT
$183,552,503,827
$124,872,302,744
$0.9989
66.46%
40.00%
2
USDC
$76,268,680,935
$15,196,262,826
$0.9997
26.98%
40.00%
3
Ethena USDe
$8,966,457,127
$264,620,656
$0.9984
2.23%
6.81%
4
Dai
$5,364,378,401
$158,710,775
$0.9997
1.90%
5.81%
5
PayPal USD
$3,272,894,735
$102,279,408
$0.9995
1.26%
3.83%
6
World Liberty Financial USD
$2,779,011,080
$482,782,958
$0.9992
1.17%
3.55%
As of 31 December 2025
Appendix 6
Weightings of the Constituents of ixCrypto Infrastructure Index
Crypto
90-day-average-
Market Cap
90-day-average-
volume
Cut-off
Price
Cumulative
Market Coverage
Weighting (%) After 40% Cap#
1
Ethereum
$415,231,257,775
$33,284,215,403
$2,971.42
12.29%
40.00%
2
Solana
$88,201,626,948
$6,019,801,260
$124.93
14.90%
25.88%
3
TRON
$27,987,763,480
$768,794,987
$0.29
15.73%
9.97%
4
Cardano
$19,025,988,100
$963,071,173
$0.35
16.29%
4.64%
5
Hyperliquid
$12,100,123,024
$459,515,998
$25.99
16.65%
3.24%
6
Chainlink
$10,680,231,005
$794,751,228
$12.41
16.97%
3.23%
7
Sui
$7,483,130,662
$991,745,859
$1.43
17.19%
1.97%
8
Avalanche
$7,310,744,864
$551,428,569
$12.56
17.41%
1.99%
9
Hedera
$6,668,837,860
$269,894,606
$0.11
17.60%
1.76%
10
Toncoin
$4,774,404,428
$148,654,256
$1.62
17.74%
1.47%
11
Mantle
$4,498,375,025
$214,742,447
$0.97
17.88%
1.16%
12
Polkadot
$4,361,897,490
$263,725,224
$1.81
18.01%
1.10%
13
NEAR Protocol
$2,658,622,509
$293,031,954
$1.51
18.09%
0.72%
14
Ethereum Classic
$2,282,830,048
$120,244,235
$11.86
18.15%
0.68%
15
Internet Computer
$2,155,777,289
$229,758,159
$2.83
18.22%
0.57%
16
Aptos
$2,009,849,397
$162,937,619
$1.72
18.28%
0.47%
17
Polygon
(prev. MATIC)
$1,672,121,703
$116,186,816
$0.10
18.33%
0.40%
18
Arbitrum
$1,467,291,089
$188,742,687
$0.19
18.37%
0.40%
19
Cosmos
$1,317,125,662
$100,431,704
$1.97
18.41%
0.35%
As of 31 December,2025
# Weighting (%) after 40% Cap is adjusted according to the cut-off price; the arrangement of order may not be the same as the 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume. For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website
Appendix 7
ixCrypto Indexes Dissemination
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:
Index Name
Bloomberg Ticker
NASDAQ
Reuters Ticker
Real-time
Delayed
ixCrypto Index
IXCI
IXCI2
.IXCI
.IXCI
ixBitcoin Index
IXCBI
IXCBI2
.IXBI
.IXBI1
ixEthereum Index
IXCEI
IXCEI2
.IXEI
.IXEI1
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes
For free API use on academic research or trial, please contact enquiry@ix-index.com
Hashtag: #IXAsiaIndexes
The issuer is solely responsible for the content of this announcement.
About IX Asia Indexes and IX Asia Index Advisory Committee
IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 29 indexes designed for exchange futures products, mark-to-market, and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.
IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2013 UKAS certification.
The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services and Bloomberg terminal on IXCI . For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged.
https://ix-index.com/
