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Webull Reports Third Quarter 2025 Financial Results

Total revenues grew 55% year-over-year to $156.9 million, driven by user engagement and high-trading volumes 

Customer assets increased 84% year-over-year, primarily due to broad-based market recovery and continued strong net deposits

Strong profitability performance while investing in geographic expansion, AI and new and enhanced product offerings 

ST. PETERSBURG, Fla., Nov. 21, 2025 /PRNewswire/ — Webull Corporation (NASDAQ: BULL) (“Webull” or the “Company”) today announced financial and operating results for the third quarter ended September 30, 2025.

“We are proud of another strong quarter, with record revenue and customer assets driven by technological innovation, geographic and product expansion, and a favorable market backdrop,” said Anthony Denier, Group President and U.S. CEO of Webull. “We continue to execute and grow our platform as showcased by the launch of Vega, our new AI tool that brings personalized market analysis and investing insights, in addition to the delivery of a variety of new offerings, including corporate bonds, access to event-based prediction markets and the re-introduction of crypto.”

“Our revenue growth accelerated in the third quarter and continued to comfortably outpace our expense growth, underscoring our disciplined execution and commitment to profitable growth,” said H.C. Wang, Chief Financial Officer of Webull. “We remain focused on creating long-term sustainable shareholder value while investing in high-growth areas, product innovation and expanded global access to our sophisticated trading platform.”

Third Quarter Results and Highlights

Financial Results                                                                                                                                

  • Total revenues increased 55% year-over-year to $156.9 million.
  • Trading-related revenue increased 64% year-over-year.
  • Total operating expenses increased 18% year-over-year, primarily driven by higher brokerage and transaction costs, reflecting rapid growth in trading volumes and product expansion, and increased general and administrative expenses due to headcount growth and compensation accruals, partially offset by lower marketing spend.
  • Adjusted operating expenses increased 13% year-over-year to $120.2 million.
  • Income before income taxes totaled $38.9 million for the quarter, representing a year-over-year increase of $48.2 million.  
  • Adjusted operating profit totaled $36.7 million for the quarter, representing a year-over-year improvement of $42.1 million and a 28.7% expansion in operating margin.
  • Adjusted operating profit per share – basic and diluted was $0.08 and $0.07, respectively, compared with an adjusted operating loss per share of $0.04 (basic and diluted) in the prior year comparative quarter.
  • Net income attributable to the Company increased $55.2 million year-over-year from a loss of $33.5 million to income of $21.7 million.
  • Adjusted net income increased $38.6 million year-over-year, shifting from an adjusted net loss of $5.7 million to adjusted net income of $32.9 million.
  • Net income per ordinary share – basic and diluted was $0.08 and $0.07, respectively, per share, compared to basic income per ordinary share of $4.52 and diluted loss per share of $0.02 in the prior year comparative quarter.
    – The year-over-year decrease in basic EPS was primarily driven by a non-cash accounting gain recorded in the prior year comparative quarter, resulting from a significant decline in the fair value of our preferred shares, which increased net income attributable to ordinary shareholders in that period.
    – Upon the closing of our business combination transaction with SK Growth Opportunities in April 2025, our preferred stock converted into ordinary shares, and we no longer have any preferred stock outstanding.

Operating Results

  • Customer assets totaled $21.2 billion, an all-time high, representing 84% year-over-year growth, driven by market recovery and strong net deposits, which grew 31% year-over-year.
  • Funded accounts increased to 4.93 million, representing 9% year-over-year growth.
  • Registered users increased 17% year-over-year to 25.9 million users.
  • Options contracts volume grew to 147 million, a 24% year-over-year increase and an increase of 15.7% from the previous quarter.
  • Equity notional volume grew to $204 billion, a 71% year-over-year increase and an increase of 26.7% from the previous quarter.

Company Highlights

  • In August, we officially relaunched cryptocurrency trading in the U.S. market, giving users access to their Webull Pay accounts directly within the Webull app, and allowing them to trade cryptocurrency alongside all other Webull products.
  • In August, we also launched cryptocurrency in Australia, enabling access to trading of up to 240 cryptocurrencies powered by a partnership with Coinbase Prime.
  • In September, we launched Webull in the European Union with the introduction of brokerage services in the Netherlands, giving retail investors access to European and U.S.-listed equities, fractional shares, European ETFs and U.S. options.
  • In September, we rolled out Level 3 Options for our customers in Canada, Singapore and Hong Kong, granting access to a broader range of U.S. options strategies and providing clients with exposure to all areas of capital markets to empower full control over their portfolios.
  • Subsequent to the close of the third quarter, we launched corporate bond trading for U.S. customers, building on our previous rollout of U.S. government bond trading, marking a move to enable further user portfolio diversification.
  • Subsequent to the close of the third quarter, we introduced Vega AI, the next evolution of our AI-powered decision partner delivering real-time, personalized insights and analysis using news, earnings, and data for investors to help them navigate the complexities of modern trading.
  • Subsequent to the close of the third quarter, we entered into a partnership with Meritz Financial Group, one of South Korea’s largest financial institutions, to offer South Korean investors seamless access to U.S. equity markets.

Conference Call Information 

Webull will host a conference call to discuss its results at 5:00 p.m. E.T. today, November 20, 2025. The conference call can be accessed at https://event.choruscall.com/mediaframe/webcast.html?webcastid=hwHZv0ih or participants may dial 1-866-652-5200 (U.S.) or 1-412-317-6060 (international).

Following the call, a replay and transcript will be available on the Company’s website at www.webullcorp.com/investor-relations, as well as the earnings press release and accompanying slide presentation.

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 25 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, fractional shares, and digital assets through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at www.webullcorp.com. You may also access certain information on Webull and its securities on the website of the U.S. Securities and Exchange Commission (the “SEC”) at http://www.sec.gov, where Webull will, among others, be filing reports, such as Reports on Form 6-K and its Annual Report on Form 20-F.

Contacts

For Investors
ir@webullcorp.com 

For Media
5W Public Relations
Nicholas Koulermos
Webull@5wpr.com
(212) 999-5585

Use of Non-GAAP Financial Measures

We use adjusted operating profit, adjusted operating profit per share, adjusted net income, and adjusted operating expenses, all of which are non-GAAP financial measures, to evaluate our operating results and for financial and operational decision-making purposes. Adjusted operating profit represents income from continuing operations, before income taxes, excluding share-based compensation expenses, one-time transactions, and other expense (income), net. Adjusted operating profit per share represents adjusted operating profit divided by our weighted average shares outstanding on a basic and diluted basis. Adjusted net income represents net income attributable to the Company, excluding share-based compensation expenses, foreign currency transaction gains and losses, and one-time transactions. Adjusted operating expenses represent total operating expenses, excluding share-based compensation expenses and one-time transactions.

We believe that adjusted operating profit, adjusted operating profit per share, adjusted net income, and adjusted operating expenses help identify underlying trends in our business that could otherwise be distorted by the effect of certain expenses that we include in income before income taxes, net income, and total operating expenses. We believe that adjusted operating profit, adjusted net income, and adjusted operating expenses provide useful information about our operating results, enhances the overall understanding of our past performance and future prospects and allows for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.

Adjusted operating profit, adjusted operating profit per share, adjusted net income, and adjusted operating expenses should not be considered in isolation or construed as an alternative to income before income taxes, net income attributable to the Company, and total operating expenses or any other measure of performance or as an indicator of our operating performance. Investors are encouraged to compare the historical non-GAAP financial measures to the most directly comparable GAAP measures. Adjusted operating profit, adjusted operating profit per share, adjusted net income, and adjusted operating expenses presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to our data. We encourage investors and others to review our financial information in its entirety and not rely on a single financial measure.

For more information on these non-GAAP financial measures, please see the table captioned “Unaudited Reconciliations of Non-GAAP and GAAP Financial Measures” set forth at the end of this press release.

Definitions

“Customer assets” refer to the sum of the fair value of all equities, ETFs, options, warrants, futures, and cash held by customers in their Webull brokerage accounts, net of customer margin balances, as of the record date. While customer assets are significantly impacted by mark-to-market valuations of customers’ investments, we consider customer assets an important metric as growth in customer assets generally leads to an increase in trading volumes and revenue.

“Funded accounts” refer to Webull brokerage accounts into which the customer has made an initial deposit or money transfer, of any amount, whose account balance (which is measured as the fair value of assets in the customer’s account less the amount due from the customer) has not dropped to or below zero for 45 consecutive calendar days as of the record date. Funded accounts reflect unique customers, and multiple funded accounts by a single customer are counted as one funded account. Growth in our funded accounts provides insight as to the effectiveness of our marketing efforts and our ability to acquire monetizable customers. Funded accounts are positively correlated with, but are not determinative, of customer assets, trading volumes, and revenue.

“Options contracts volume” refers to the total number of options contracts bought or sold over a specified period of time. Options contracts volume directly drives our options trading revenue, as we earn payment for order flow or commissions for customers’ options trades on a per contract basis. However, options contracts volume is highly sensitive to market conditions in the short-term, which makes predicting our options trading revenue with precision difficult.

“Registered users” refer to those users who have registered on our platform but not necessarily have opened a brokerage account with one of our licensed broker-dealers. Growth in our registered users provides insight as to the popularity of the Webull App. While we do not generate revenue from registered users who do not have brokerage accounts with us, registering an account on the Webull App is the first step toward opening and funding a brokerage account with us. 

 

Webull Corporation

Condensed Consolidated Statements of Financial Position

September 30,
2025

December 31,
2024

Assets

(Unaudited)

Cash and cash equivalents

$      654,805,055

$       270,728,008

Cash and cash equivalents segregated under federal and foreign requirements

1,395,266,400

939,232,153

Receivables from brokers, dealers, and clearing organizations

494,913,033

262,093,040

Receivables from customers, net

546,488,190

301,107,428

Prepaid expenses and other current assets

55,559,907

50,344,836

Customer-held fractional shares

155,354,736

108,252,531

Total current assets

3,302,387,321

1,931,757,996

Right-of-use assets

63,927,821

66,293,751

Property and equipment, net

32,691,799

33,629,770

Intangible assets, net

56,295,904

19,415,963

Goodwill

30,264,138

5,197,438

Deferred tax assets

1,466,182

12,374,499

Other non-current assets

1,500,000

Total non-current assets

186,145,844

136,911,421

Total assets

$   3,488,533,165

$    2,068,669,417

Liabilities, mezzanine equity, and shareholders’ equity (deficit)

Payables due to customers

$   2,276,962,347

$    1,378,625,130

Payables due to brokers, dealers, and clearing organizations

604,812

1,490,537

Lease liabilities – current portion

3,361,425

4,969,959

Accounts payable and other accrued expenses

85,381,207

61,079,799

Total current liabilities

2,366,309,791

1,446,165,425

Lease liabilities – non-current portion

9,393,180

10,438,555

Unsecured promissory notes

100,000,000

Deferred tax liabilities

13,762,903

5,292,255

Total non-current liabilities

123,156,083

15,730,810

Total liabilities

2,489,465,874

1,461,896,235

Commitments and Contingencies

Mezzanine equity

Convertible redeemable preferred shares (aggregate liquidation preference of $0
and $644,132,365 as of September 30, 2025 and December 31, 2024,
respectively; and aggregate redemption value of $0 and $2,861,748,733 as of
September 30, 2025 and December 31, 2024, respectively)

2,861,748,733

Total mezzanine equity

2,861,748,733

Shareholders’ equity (deficit)

Class A ordinary shares ($0.00001 par value; 4,000,000,000 shares authorized,
419,062,786 and 417,957,827 shares issued and outstanding as of September
30, 2025, respectively; and 143,531,580 and 139,307,224 shares issued and
outstanding as of December 31, 2024, respectively)

4,180

1,393

Class B ordinary shares ($0.00001 par value, 1,000,000,000 shares authorized,
83,859,005 shares issued and outstanding as of September 30, 2025 and no
shares as of December 31, 2024)

839

Treasury shares (1,104,959 and 4,224,356 shares as of September 30, 2025
and December 31, 2024, respectively)

Additional paid in capital

3,185,763,659

Accumulated deficit

(2,181,231,171)

(2,241,054,086)

Accumulated other comprehensive loss

(5,683,271)

(15,195,946)

Total shareholders’ equity (deficit)

998,854,236

(2,256,248,639)

Noncontrolling interest

213,055

1,273,088

Total equity (deficit)

999,067,291

(2,254,975,551)

Total liabilities, mezzanine equity, and total equity (deficit)

$ 3,488,533,165

$  2,068,669,417

 

Webull Corporation

Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)

For the Three Months Ended September 30,

For the Nine Months Ended September 30,

2025

2024

2025

2024

Revenues

Equity and option order flow rebates

$            83,657,203

$               51,425,460

$             216,457,223

$            138,654,512

Interest related income

43,359,428

32,983,079

110,786,025

97,379,499

Handling charge income

23,336,194

13,731,449

60,988,707

33,801,384

Other revenues

6,582,974

3,000,255

17,566,029

10,136,456

Total revenues

156,935,799

101,140,243

405,797,984

279,971,851

Operating expenses

Brokerage and transaction

35,603,907

19,843,323

93,650,079

56,739,396

Technology and development

22,528,970

16,440,794

58,594,311

46,331,022

Marketing and branding

29,401,201

48,166,631

82,693,073

115,363,208

General and administrative

44,988,458

27,403,681

129,585,902

90,928,477

Total operating expenses

132,522,536

111,854,429

364,523,365

309,362,103

Other (income) expense, net

(14,539,551)

(1,474,638)

4,209,662

(31,158)

Income (loss) before income taxes

38,952,814

(9,239,548)

37,064,957

(29,359,094)

Provision for income taxes

2,156,039

331,215

15,714,041

4,443,876

Net income (loss)

36,796,775

(9,570,763)

21,350,916

(33,802,970)

Less net loss attributable to noncontrolling interest 

(120,823)

(120,917)

(378,462)

(347,337)

Net income (loss) attributable to the Company

36,917,598

(9,449,846)

21,729,378

(33,455,633)

Preferred shares redemption value decrease (increase)

645,893,351

(21,702,737)

(452,910,774)

Fair value of ordinary shares issued to preferred shareholders

(513,080,828)

Fair value of ordinary share warrants issued to preferred shareholders

(15,600,000)

Excess carrying value of preferred shares repurchased

38,093,537

Net Income (loss) attributable to ordinary shareholders

$             36,917,598

$           636,443,505

$          (490,560,650)

$        (486,366,407)

Net income (loss) per share attributable to ordinary shareholders 

Basic

$                         0.08

$                           4.52

$                          (1.38)

$                         (3.51)

Diluted

$                         0.07

$                        (0.02)

$                          (1.38)

$                         (3.51)

Weighted-average shares outstanding

Basic

490,103,946

140,836,227

354,885,344

138,668,296

Diluted

508,333,712

420,347,371

354,885,344

138,668,296

Net income (loss)

$             36,796,775

$               (9,570,763)

$                21,350,916

$          (33,802,970)

Other comprehensive (loss) income, net of tax:

Change in cumulative foreign currency translation adjustment

(1,470,708)

5,230,448

9,483,312

1,184,392

Other comprehensive (loss) income

(1,470,708)

5,230,448

9,483,312

1,184,392

Comprehensive income (loss)

35,326,067

(4,340,315)

30,834,228

(32,618,578)

Less comprehensive loss attributable to noncontrolling interest

(120,823)

(120,917)

(378,462)

(347,337)

Less foreign currency translation adjustment attributable to noncontrolling interest

(13,650)

(12,905)

(29,363)

(25,778)

Preferred shares redemption value decrease (increase)

645,893,351

(21,702,737)

(452,910,774)

Fair value of ordinary shares issued to preferred shareholders

(513,080,828)

Fair value of ordinary share warrants issued to preferred shareholders

(15,600,000)

Excess carrying value of preferred shares repurchased

38,093,537

Comprehensive income (loss) attributable to ordinary shareholders

$            35,460,540

$            641,686,858

$            (481,047,975)

$          (485,156,237)

 

Webull Corporation

Unaudited Reconciliation of Non-GAAP and GAAP Financial Measures

Adjusted Operating Expenses Reconciliation

(Unaudited)

For the Three Months Ended
September 30,

For the Nine Months Ended
September 30,

2025

2024

2025

2024

Total operating expenses (GAAP)

$               132,522,536

$              111,854,429

$             364,523,365

$              309,362,103

Less:  Share-based compensation

4,483,566

5,355,107

39,522,013

25,966,041

One-time transaction:

Add:  Webull Pay transaction related employee
distributions

7,925,436

7,925,436

Adjusted operating expenses (Non-GAAP)

$                 120,113,534

$            106,499,322

$               317,075,916

$             283,396,062

 

Adjusted Operating Profit Reconciliation

(Unaudited)

For the Three Months Ended
September 30,

For the Nine Months Ended
September 30,

2025

2024

2025

2024

Income (loss) before income taxes (GAAP)

$                  38,952,814

$              (9,239,548)

$                37,064,957

$             (29,359,094)

Add: Other expense (income), net

(14,539,551)

(1,474,638)

4,209,662

(31,158)

Add: Share-based compensation

4,483,566

5,355,107

39,522,013

25,966,041

One-time transaction:

Add:  Webull Pay transaction related employee
distributions

7,925,436

7,925,436

Adjusted operating profit (loss) (Non-GAAP)

$                 36,822,265

$              (5,359,079)

$                88,722,068

$                  (3,424,211)

Adjusted operating profit per share (Non-GAAP) – basic

$                              0.08

$                         (0.04)

$                             0.25

$                           (0.02)

Adjusted operating profit per share (Non-GAAP) – diluted

$                              0.07

$                         (0.04)

$                             0.25

$                           (0.02)

Weighted-average shares outstanding – basic

490,103,946

140,836,227

354,885,344

138,668,296

Weighted-average shares outstanding – diluted

508,333,712

140,836,227

354,885,344

138,668,296

 

Adjusted Net Income Reconciliation

(Unaudited)

For the Three Months Ended
September 30,

For the Nine Months Ended
September 30,

2025

2024

2025

2024

Net income (loss) attributable to the Company (GAAP)

$                  36,917,598

$              (9,449,846)

$                 21,729,378

$             (33,455,633)

Add: Share-based compensation

4,483,566

5,355,107

39,522,013

25,966,041

Add: Foreign currency transaction losses (gains)

(865,581)

(1,570,860)

4,978,358

466,498

One-time transaction:

Add:  Equity offering costs

10,976,693

Add:  Webull Pay transaction related employee
distributions

7,925,436

7,925,436

Less:  Gain from Webull Pay acquisition

(15,495,593)

(15,495,593)

Adjusted net income (loss) (Non-GAAP)

$                 32,965,426

$              (5,665,599)

$                69,636,285

$                (7,023,094)

Contra Revenue Impact 

Most of our platform users are not considered customers under ASC 606, Revenues from Contracts with Customers (“ASC 606”), and promotional payments made to these platform users are accounted for as a marketing and branding expense. Conversely, for our platform users who have been determined to be customers under ASC 606, we account for these promotional payments as a reduction in revenue (i.e., “contra revenue”). The following presents how contra revenue impacted our revenues.

For the Three Months Ended
September 30,

For the Nine Months Ended
September 30,

2025

2024

2025

2024

Contra revenue impact on:

(unaudited)

(unaudited)

Option handling fees

$                  (2,241,855)

$                     (28,019)

$                 (3,801,268)

$                   (209,905)

Platform and trading fees

(1,204,441)

(713,388)

(7,130,146)

(2,343,702)

Other income

(214,069)

(641,511)

Total contra revenue

$                 (3,660,365)

$                  (741,407)

$                (11,572,925)

$                (2,553,607)

Statement regarding unaudited financial and operational information

The unaudited financial and operational information included in this press release is subject to potential adjustments and is based on the information available to management at this time. Potential adjustments to operational and consolidated financial information may be identified from work performed during Webull’s preparation of financial statements subsequently hereto or its year-end audit. Information may also be presented differently from the information included herein in the future. This could result in significant differences from the unaudited or other historical operational and financial information included herein.

Cautionary Note Regarding Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact contained in this press release or other statements of the Company made in connection herewith, including, for instance, statements as to business strategy and plans, future results of operations and financial position, planned products and services, objectives of management for future operations or strategies of the Company, market size and growth opportunities, competitive position and technological and market trends, are forward-looking statements. Some of these forward-looking statements can be identified by the use of forward-looking words, including “anticipate,” “expect,” “suggests,” “plan,” “believe,” “predict,” “potential,” “seek,” “future,” “propose,” “continue,” “intend,” “estimates,” “targets,” “projects,” “should,” “could,” “would,” “may,” “will,” “forecast” or the negatives of these terms or variations of them or similar terminology although not all forward-looking statements contain such terminology.

All forward-looking statements are based upon current estimates and forecasts and reflect the reasonable views, assumptions, expectations, and opinions of the Company and its management as of the date of this press release, and are therefore subject to a number of factors, risks and uncertainties, some of which are not currently known to the Company and its management and could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Some of these factors include, but are not limited to: (1) the ability of the Company to grow and manage growth profitably, maintain relationships and deepen engagement with users, customers and suppliers, and retain its management and key employees; (2) the reliance of key functions of the Company’s business on third-parties and the risk that the Company’s platform and systems rely on software and applications that are highly technical and may contain undetected errors that could result in unexpected network interruptions, failures, security breaches, or computer virus attacks; (3) the risks associated with the Company’s global operations and continued global expansion, including, but not limited to, the risks related to complex or constantly evolving political or regulatory environments that may result in substantial costs or require adverse changes to the Company’s business practices; (4) the Company’s estimates of expenses and costs, of profitability or of other operational and financial metrics as well as the Company’s expectations regarding demand for and market acceptance of its products and service; (5) the Company’s reliance on trading related income, including payment for order flow (“PFOF”), and the risk of new regulation or bans on PFOF and similar practices; (6) the Company’s exposure to fluctuations in interest rates, rapidly changing interest rate environments, volatile prices of securities and digital assets and their respective trading volumes; (7) the Company’s reliance on a limited number of market makers and liquidity providers to generate a large portion of its revenues, and the negative impact of the loss of any of those market makers or liquidity providers; (8) the effects of competition in the Company’s industry and the Company’s need to constantly innovate and invest in new markets, products, technologies or services to retain, attract and deepen engagement with users; (9) changes in international trade policies and trade disputes that could result in tariffs, taxes or other protectionist measures adversely affecting our business; (10) risks related to general political, economic and business conditions globally and in jurisdictions where the Company operates; (11) risk of further actions taken by various government bodies in the United States that have made the Company the subject of inquiries and investigations relating to concerns about our connections to China; (12) the risk that the failure to protect customer data and privacy or to prevent security breaches relating to the Company’s platform could result in economic loss, damage to its reputation, deter customers from using its products and services, and expose it to legal penalties and liability; (13) risks related to the Company’s need as a regulated financial services company to develop and maintain effective compliance and risk management infrastructures as well as to maintain capital levels required by regulators and self-regulatory organizations; (14) the ability to meet, or continue to meet, stock exchange listing standards; (15) the possibility of adverse developments in pending or new litigation and regulatory investigations; (16) risks related to significant disruptions in the cryptocurrency market that negatively impacts user engagement with cryptocurrency trading on our platform; (17) political, regulatory or economic changes that affect cryptocurrencies, including changes in the governance of a cryptocurrency; (18) risks related to the offer and resale of our securities, such as dilution from the issuance of additional Class A ordinary shares upon the exercise of warrants, and increased volatility, or significant declines, in the price of our securities based on increased trading activity and the perception that sales of our securities may occur; and (19) other risks and uncertainties that are more fully described in filings made, or to be made, by the Company with the SEC, including in the sections entitled “Risk Factors” and “Cautionary Note Regarding Forward-Looking Statements” in the Company’s filings with the SEC, such as the Company’s Annual Report on Form 20-F filed with the SEC on April 25, 2025. The foregoing list of factors is not exhaustive. Reported results should not be considered an indication of future performance. There may be additional risks that the Company and its management presently do not know about or that the Company and its management currently believe are immaterial that could also cause actual results to differ materially from those contained in the forward-looking statements. In light of these factors, risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur, and any estimates, assumptions, expectations, forecasts, views or opinions set forth in this press release should be regarded as preliminary and for illustrative purposes only and accordingly, undue reliance should not be placed upon the forward-looking statements. The Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

 

Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi’s VIP Opening

The fan-favourite celebrities were seen touring Abu Dhabi’s newest cultural landmark ahead of its grand opening

ABU DHABI, UAE, Nov. 21, 2025 /PRNewswire/ — Natural History Museum Abu Dhabi, the latest addition to the Saadiyat Cultural District, marked its much-anticipated grand opening with an exclusive VIP preview on Thursday evening, bringing together global talent, cultural leaders and special guests for a first look inside the region’s newest landmark.

Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi's VIP Opening
Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi’s VIP Opening

Ahead of the official public opening on 22 November 2025 in Abu Dhabi, Bollywood superstars Shah Rukh Khan and Salman Khan were spotted exploring the museum and enjoying an exclusive first look at its collections and dynamic exhibits. The actors experienced the immersive displays that bring natural history to life and encountered key highlights such as 67-million-year-old “Stan”, one of the best-preserved examples of a fossilised T. rex skeleton ever discovered.

The VIP opening also welcomed an exciting lineup of international celebrities from across film, television, music, art, and culture. Leading the red carpet were Abu Dhabi resident and global TV icon Steve Harvey; acclaimed special-effects designer and MythBusters star Adam Savage; and rising Hollywood talents David Iacono and Audrina Miranda, stars of the recent Jurassic World movie. Joining them were award-winning producer and entrepreneur Swizz Beatz; celebrated actors Ron Perlman (Hellboy, Sons of Anarchy) and Giancarlo Esposito (Breaking Bad, The Mandalorian); Tunisian-Italian model and cultural icon Afef Jnifen; and a host of other distinguished guests.

Natural History Museum Abu Dhabi, the largest institution of its kind in the Middle East, has a special focus on the natural history of the Emirates and the wider region. Galleries take visitors back in time to seven million years ago, when the Arabian climate was very different, giving life to a green and lush savannah-like landscape roamed by now-extinct animals, including a giant elephant with four tusks, which is also on display for visitors to discover.

The galleries feature extraordinary exhibits which bring nature’s greatest stories to life, including awe-inspiring glimpses into the age of dinosaurs. The world’s first-ever display of a sauropod dinosaur herd can be found in the museum’s atrium, with five different species of these long-necked giants standing majestically to greet visitors as they enter. Deeper into the galleries, another world-first awaits: a display featuring Tyrannosaurus rexes locked in battle over the carcass of a Triceratops, which is the first time two fossil T. rexes have been exhibited in such a dynamic scene.

Natural History Museum Abu Dhabi joins a growing community of world-class institutions on Saadiyat Island, including Louvre Abu Dhabi, teamLab Phenomena Abu Dhabi, and the upcoming Zayed National Museum and Guggenheim Abu Dhabi. Together, these institutions define the Saadiyat Cultural District as a global destination for culture, creativity, and cross-disciplinary exchange, a place where art, science, and heritage are brought together to shape future generations.

Book your tickets for Natural History Museum Abu Dhabi now at nhmad.ae

About the Department of Culture and Tourism – Abu Dhabi:

The Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi) drives the sustainable growth of Abu Dhabi’s culture and tourism sectors and its creative industries, fuelling economic progress and helping to achieve Abu Dhabi’s wider global ambitions.

By working in partnership with the organisations that define the emirate’s position as a leading international destination, DCT Abu Dhabi strives to unite the ecosystem around a shared vision of the emirate’s potential, coordinate effort and investment, deliver innovative solutions, and use the best tools, policies and systems to support the culture and tourism industries.

DCT Abu Dhabi’s vision is defined by the emirate’s people, heritage and landscape. We work to enhance Abu Dhabi’s status as a place of authenticity, innovation, and unparalleled experiences, represented by its living traditions of hospitality, pioneering initiatives and creative thought.

For more information about the Department of Culture and Tourism – Abu Dhabi and the destination, please visit: dct.gov.ae and visitabudhabi.ae/ 

Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi's VIP Opening
Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi’s VIP Opening

 

Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi's VIP Opening
Bollywood Superstars Shah Rukh Khan and Salman Khan Attend Natural History Museum Abu Dhabi’s VIP Opening

 

VerifiedX Partners with Crypto.com for Institutional Custody and Liquidity Solution

Crypto.com to Also Provide OTC Trading Capabilities for VerifiedX

NEW YORK, Nov. 21, 2025 /PRNewswire/ — Crypto.com and the VerifiedX (VFX) Network (VerifiedX.io), the people’s network and a global leader in self-custody and Web3 wallet infrastructure, today announced that Crypto.com will provide VerifiedX secure institutional-grade custody and liquidity support for $1.5 billion in assets, as well as OTC trading capabilities.

VerifiedX Partners with Crypto.com for Institutional Custody and Liquidity Solution
VerifiedX Partners with Crypto.com for Institutional Custody and Liquidity Solution

Through this partnership, eligible institutions using VerifiedX can securely store, manage, and transact digital currencies using Crypto.com’s regulated, institutional-grade custody platform. Crypto.com’s custody service offers multi-user permissions, customizable governance workflows, and insured custody solutions, meeting growing demand for scalable, low-cost, and compliant blockchain infrastructure.

“Crypto.com Custody is specifically designed with expectations of institutional-grade clients,” said Eric Anziani, President and COO of Crypto.com. “We are pleased to be selected by VerifiedX, a leader in self-custody and digital asset wallet capabilities, to further enhance an established custody offering for all client needs.”

“As the people’s network, the mission is clear – to make custody seamless, secure, and globally accessible. Partnering with Crypto.com significantly elevates that very ethos with best in-class custody and liquidity infrastructure,” said The VerifiedX Foundation. “By incorporating Crypto.com’s world class regulated custody and OTC trading capabilities, the network reinforces its commitment to providing users and institutions the safest, most scalable path to interact with digital assets across the VFX ecosystem. This partnership further advances a global infrastructure with liquidity and custody options, supporting a new generation of builders and users for payments, savings, commerce, and utility on the VerifiedX network.”

This is the latest initiative between Crypto.com and VerifiedX, following their initial partnership to integrate Crypto.com Pay, Crypto.com’s payment solution, and on-ramp services directly into VerifiedX’s Switchblade Wallets to deliver a seamless, secure, and scalable experience for everyday users and developers alike.

Crypto.com Custody offers custody services to eligible institutions and high-net-worth clients through a comprehensive, end-to-end solution with safety and security at its core. Prospective clients interested in Crypto.com’s custody offering can submit contact requests at crypto.com/custody.

About Crypto.com
Founded in 2016, Crypto.com is trusted by millions of users worldwide and is the industry leader in regulatory compliance, security and privacy. Our vision is simple: Cryptocurrency in Every Wallet™. Crypto.com is committed to accelerating the adoption of cryptocurrency through innovation.

Learn more at https://crypto.com.

About VerifiedX
VFX (VerifiedX.IO) is the people’s network. VFX is the first fully open-source decentralized network that is both a universal layer 1 and a Bitcoin specific sidechain / reliever chain, for the purpose of tokenized self-custody, on-chain storage, and peer-to-peer commerce of both digital & physical assets. The network’s native coin (VFX) can be accessed directly in-wallet, and enables minting of Verified Bitcoin Tokens (vBTC) with a 1:1 evergreen self-custodial peg coupled with smart contract utility and full asset recovery features for funds. 

Providing robust in-wallet and self-custodial options for everyday users to plan, transact, save, spend, borrow, and vault Bitcoin, VFX funds, and digital assets are the cornerstone of the VerifiedX ethos. As the first universal layer 1 and Bitcoin reliever chain, the network dramatically reduces costs of ownership and frictions for everyday users and integrators around the world and provides multiple layers of convenience, security, and self-custodial empowerment.

Learn more at VerifiedX.io.

Contact
press@crypto.com 

BCMGlobal appointed to support the advancement of the National Financing Support Services Company (NFSC) as a best-in-class independent loan servicer in the Kingdom of Saudi Arabia

LONDON, Nov. 21, 2025 /PRNewswire/ — BCMGlobal, one of Europe’s leading independent loan and mortgage servicing firms and an affiliate of LCM Partners, has been appointed to manage the National Financing Support Services Company (NFSC) and to support its advancement into a best-in-class independent loan servicer in the Kingdom of Saudi Arabia.

Established by the Saudi Real Estate Development Fund (REDF) and the Saudi Real Estate Refinance Company (SRC), NFSC plays a central role in strengthening the Kingdom’s mortgage and consumer finance sectors. Its mandate supports Saudi Arabia’s Vision 2030 objectives to diversify and deepen the national financial system.

Building on more than 25 years of experience across Europe, BCMGlobal will deploy a senior team to the Kingdom, including the forthcoming appointment of a Head of Servicing to lead the next phase of NFSC’s development. The company will expand its service lines and local footprint, with plans to recruit and build operational capacity in Saudi Arabia. BCMGlobal’s remit includes broadening NFSC’s servicing capabilities beyond residential mortgages to encompass consumer and commercial loans, while introducing back-up servicing and facility agency services to support the region’s evolving financial ecosystem.

These developments will provide critical infrastructure for both domestic institutions and international lenders seeking to participate in the Kingdom’s rapidly growing financial markets. BCMGlobal has already seen strong early interest from leading global banks and investment houses, reflecting the quality of international engagement being drawn to the Kingdom’s financial sector.

“With over 25 years of experience managing performing, re-performing and non-performing loans, BCMGlobal brings deep operational and data expertise to the Kingdom,” said Simon Fitness, Chief Executive Officer of BCMGlobal. “We are committed to embedding ourselves within the local market – both operationally and as an employer – building teams and technology in the Kingdom that deliver world-class servicing aligned with the goals of Vision 2030.”

Paul Burdell, Chief Executive Officer of LCM Partners, added: “Saudi Arabia continues to demonstrate world-class ambition and leadership in developing its financial markets. We are proud to play a supporting role alongside partners such as REDF and SRC, whose vision and commitment to excellence are helping shape a modern and dynamic financial services sector. BCMGlobal’s servicing expertise, data capabilities and technology will complement these efforts and contribute to building an institution of enduring strength and capability in the NFSC.”

With approximately €45 billion of assets under management and operations across five European jurisdictions, BCMGlobal provides end-to-end loan servicing, portfolio management and data analytics solutions for more than 125 financial institutions. Its appointment to work with NFSC marks a significant milestone in BCMGlobal’s international expansion and underlines its role as a strategic partner in the evolution of financial services infrastructure in the Kingdom of Saudi Arabia.

About BCMGlobal

BCMGlobal is one of Europe’s leading independent loan and mortgage servicing firms, specialising in end-to-end asset management, loan administration and data-driven servicing technology. Operating across the UK, Ireland, the Netherlands, Italy and Spain, BCMGlobal manages more than €45 billion in assets and provides solutions to over 125 banking and financial institutions. BCMGlobal is part of the LC Financial Holdings group and an affiliate of LCM Partners.

Media Contact:
Alison Swonnell
Managing Director, Client Solutions
E: ASwonnell@LCMPartners.eu 
W: www.bcmglobal.com 

 

BROOK Continues to Power the Fighting Game Community with Street Fighter League Pro-US Sponsorship & Black Friday Promotions

NEW TAIPEI CITY, Nov. 21, 2025 /PRNewswire/ — Brook proudly announces its official sponsorship of the Street Fighter League Pro-US 2025, continuing our long-standing commitment to the global fighting game community (FGC). As a brand trusted by competitive and casual players alike, we’re celebrating this milestone with a massive Black Friday campaign, running from November 20 through December 1, 2025 — featuring unbeatable deals on our most powerful FGC gear.

BROOK Continues to Power the Fighting Game Community with Street Fighter League Pro-US Sponsorship & Black Friday Promotions
BROOK Continues to Power the Fighting Game Community with Street Fighter League Pro-US Sponsorship & Black Friday Promotions

1.      Brook Fighter STARBURST
The ultimate cross-platform all-button fight stick. Supports PS5, PS4, Xbox Series X|S, Nintendo Switch 1.2, and PC — no converter needed.

  • Ultra-low latency for fast, stable execution
  • Short-throw, clicky switches for effortless combos
  • Hot-swappable design & customizable top panel
  • Official Hitbox Certified
    STARBURST is precision, speed, and style — all in one.

2.      GEN-5X Fighting Board
Designed for next-gen competitive play. Natively supports PS5 and Xbox Series X|S, with full backward compatibility.

  • Ultra-low latency performance
  • Analog joystick simulation, OLED display support
  • Ideal for advanced custom arcade stick builds

3.      Wingman FGC2 Converter
The only converter officially approved by EVO, trusted by elite competitors.

  • Connect wired controllers to PS5 and PC with full compatibility
  • Supports vibration feedback for immersive gameplay
  • Plug-and-play reliability in tournaments and casual play

4.      Wingman XE2 Converter
One converter, endless possibilities. Supports PS4, PS3, Nintendo Switch 2, Nintendo Switch, and PC.

  • Compatible with over 125 official and third-party controllers
  • Especially recommended for NS2 players looking to maximize compatibility

5.      GEN-5W Fighting Board
The world’s first wireless fighting board for PS5, engineered for both pro and casual play.

  • Supports PS5, Steam Deck, and PC
  • RGB lighting, SOCD, touchpad simulation, Turbo features
  • Dual-mode: wired for competition, wireless for freedom

Whether you’re training for your next tournament or upgrading your rig, this Black Friday is the perfect time to equip yourself with Brook gear — trusted by pros, loved by players.

About Brook

Brook is a professional gaming peripheral brand from Taiwan, providing innovative solutions that let players enjoy gaming their way. From tournament arenas to casual play, Brook empowers the global community through flexible, high-performance accessories.

Your Game, Our Play — gear up with Brook and game freely!
https://www.brookaccessory.com/index.php

Brandwatch Strengthens AI Leadership with Deeper Insights and Expanded Data Coverage

Innovative new capabilities empower marketing teams to turn insight into action — faster and with greater confidence.

CHICAGO, Nov. 21, 2025 /PRNewswire/ — Brandwatch, a Cision company and global leader in consumer intelligence, today announced expanded data content and a new wave of AI-powered innovation that redefine how marketers and communicators discover, interpret, and act on insights.

At the center of this evolution is Iris AI — the intelligence layer embedded throughout the Brandwatch suite — designed to help brands see, understand, and respond to what truly matters.

Powered by industry leading AI technology and Brandwatch-built models, Iris transforms billions of data points into clear, actionable insights — revealing the “why” behind trends and enhancing human expertise with transparency and control at its core. These latest updates make data exploration more conversational, context-aware, and intuitive while enhancing automation, workflow efficiency, and coverage across today’s most relevant digital and social channels.

Built on One of the Industry’s Most Comprehensive Data Foundations

Brandwatch’s AI technology is grounded in one of the largest and most trusted data sets in the industry — spanning real-time and historical social and traditional media sources, refined through models trained on real marketing and communications contexts.

What’s New: Smarter Workflows, Deeper Insights, and Broader Coverage:

  • Ask Iris: Quick AI Chat Assistant: Ask natural-language questions and get instant, data-driven answers powered by Brandwatch. It searches and analyzes data without requiring a query or dashboard, automatically creates charts and summaries, and lets you continue the conversation to refine or explore insights.
  • AI Query Writer: Create complete Boolean queries from scratch with suggested hashtags, keywords, and subreddits.
  • AI Dashboards: Turn data into clarity by summarizing insights in seconds and revealing the story behind the numbers with narrative summaries that explain what matters most.
  • Expanded Data and Content Coverage: Now includes Threads, YouTube, TikTok, LinkedIn, search data in Trajaan, and 70,000+ trending podcasts with transcript analysis.
  • Social Media Management Enhancements: AI-powered influencer summaries, Iris AI content translations, and AI-powered industry benchmarks.

In 2026, Brandwatch will further evolve Iris AI and expand its capabilities through a series of innovations designed to deepen analysis and broaden reach — from expanded APAC data sources and Bring Your Own Data integrations to smarter video and image analysis and the launch of a new mobile app experience.

“Iris AI is becoming a true digital partner for marketers — one that explains, guides, and accelerates how teams work,” said Jim Daxner, Chief Product Officer at Cision. “By combining advanced AI tools with Brandwatch’s data and analytics expertise, we’re enabling our customers to act faster, see further, and make smarter decisions.”

For more information, visit Brandwatch.com

About

Brandwatch is the leading social media management and consumer intelligence suite, empowering brands to see and be seen, understand and be understood, by the audiences that matter most. Trusted by half of the Forbes 100, Brandwatch equips the world’s most innovative companies with AI-powered insights and tools to seize opportunities, strengthen engagement, and accelerate growth.

Our comprehensive suite spans consumer intelligence, influencer marketing, and social media management, enabling brands and agencies to execute data-driven strategies at scale.

Brandwatch is part of the Cision family of brands, alongside CisionOne and PR Newswire.

For media inquiries, please contact: Cision Public Relations at CisionPR@cision.com

 

Private, Resort-Style Island in Fiji Scheduled for Sale at Luxury Auction® Dec 19

MIAMI, Nov. 21, 2025 /PRNewswire/ — A private Fijian island in the South Pacific has been slated for sale to the highest bidder on December 19, 2025 at a luxury auction® without reserve. Known as Wavi Island, the 27-acre property is located just off Vanua Levu, Fiji’s second largest island. Wavi has been on-and-off the market, most recently asking $20 million USD. Miami-based luxury real estate auction specialist Platinum Luxury Auctions is managing the sale in cooperation with listing broker Chester Rendell of New Zealand Sotheby’s International Realty.

Fiji’s Wavi Island – a private, 27-acre escape located in the South Pacific just off Vanua Levu – recently asked $20 million USD. On Dec 19, 2025, the property will be sold to the highest bidder at a luxury auction® without reserve. U.S.-based Platinum Luxury Auctions is handling the transaction in concert with Chester Rendell of New Zealand Sotheby’s International Realty. FijiLuxuryAuction.com.
Fiji’s Wavi Island – a private, 27-acre escape located in the South Pacific just off Vanua Levu – recently asked $20 million USD. On Dec 19, 2025, the property will be sold to the highest bidder at a luxury auction® without reserve. U.S.-based Platinum Luxury Auctions is handling the transaction in concert with Chester Rendell of New Zealand Sotheby’s International Realty. FijiLuxuryAuction.com.

“This is our third luxury auction® offering in Fiji, and our team is excited to work with the NZ Sotheby’s team to find a new owner for this special, private island,” said Trayor Lesnock, found and president of Platinum Luxury Auctions. “Wavi’s resort-style amenity package – along with 19 oceanfront lots ready for additional development – makes it ideal as a private or income-producing asset.”

A private, 450-meter bridge connects Wavi to the mainland of Vanua Levu. Once on the mainland, Fiji’s Savusavu Airport is just 6 miles away – perfectly balancing the exclusivity of private island living with convenient access to all of the resources of the mainland. Wavi is also fully outfitted with electrical, water and internet service, ensuring no modern comforts are missing while enjoying life on your personal, private island.

Importantly, Wavi Island conveys with freehold ownership, Fiji’s equivalent of “free and clear” title ownership in the United States. While Fiji is one of very few countries in the South Pacific that extends such freehold ownership to foreigners, more than 90% of real estate in Fiji is held by leasehold rather that outright freehold ownership, providing substantial, inherent value to the minority of those properties with freehold rights.

The Island offers 27 acres of tropical island living, with 360-degree views of the Koro Sea and Vanua Lavu. Mature landscaping includes coconut and papaya trees accented by custom landscape lighting. The island’s owner has only partially developed Wavi to date, leaving flexibility for a new owner to further customize the property.

Wavi’s resort-style development plan includes 20 oceanfront parcels, each ranging from 0.5 to 1 acre in size. One parcel is fully developed, featuring a Signature Villa with 3,000 sf of living space, 3 beds and 2.5 baths, plus a private pool and spa. The 19 additional oceanfront lots are ready for development.

Existing common area structures and shared amenities on Wavi include a manager’s house with 3 beds and 1 bath, a community center with lounge, bar and large pool, a tennis/pickleball court, and a private, “lagoon-style” marina designed to offer one boat slip for each parcel owner.

On-site property previews are available by daily appointment from December 1-18, and may be arranged by contacting Platinum’s project manager, Trudy Vella, at +1 800.997.4325. Ms. Vella can also accommodate remote tours – conducted via audio/video platforms such as Zoom or Apple’s FaceTime – during the preview period. Photos, video and luxury auction® documents are also hosted online at FijiLuxuryAuction.com.

About Platinum Luxury Auctions: Platinum Luxury Auctions created the luxury auction® model for multimillion-dollar real estate auctions and owns the federal trademark rights to the term “luxury auction.” The Miami-based auction house specializes in the non-distressed sale of luxury properties throughout the U.S. and select international markets and has offered properties in 33 states and 15 countries to date. Platinum’s team has closed more than $1.76 billion in luxury auction® sales and has advised HNW and UHNW individuals on more than $4.7 billion in luxury property assets. PlatinumLuxuryAuctions.com.

The Villa embraces the popular Fijian design style of blended indoor-and-outdoor living areas, with a living room that seamlessly opens to the pool and surrounding deck. Interiors combine premium materials with touches of traditional Fijian building techniques. FijiLuxuryAuction.com.
The Villa embraces the popular Fijian design style of blended indoor-and-outdoor living areas, with a living room that seamlessly opens to the pool and surrounding deck. Interiors combine premium materials with touches of traditional Fijian building techniques. FijiLuxuryAuction.com.

 

A closer view of the Signature Villa. The residence has been leased - on a limited basis, per the owner’s discretion – and has proven to be a reliable, income-generating property. If fully developed per existing plans, Wavi would be home to at least 20 income-producing villas. FijiLuxuryAuction.com.
A closer view of the Signature Villa. The residence has been leased – on a limited basis, per the owner’s discretion – and has proven to be a reliable, income-generating property. If fully developed per existing plans, Wavi would be home to at least 20 income-producing villas. FijiLuxuryAuction.com.

 

The Signature Villa glows as the sun sets over the South Pacific Ocean. FijiLuxuryAuction.com.
The Signature Villa glows as the sun sets over the South Pacific Ocean. FijiLuxuryAuction.com.

 

Current development plans for Wavi include 20 oceanfront lots, each 0.5-1.0 acre in size. One lot has been fully developed and houses the Signature Villa (lower center, main image and within inset image at lower right). The Villa offers 3,000 sf of living area, with 3 beds, 2.5 baths and a private pool and spa. Conveniently, a 450-meter bridge (shown at right-center) connects Wavi to the mainland. From there, the Savusavu Airport is within a 10-min drive. FijiLuxuryAuction.com.
Current development plans for Wavi include 20 oceanfront lots, each 0.5-1.0 acre in size. One lot has been fully developed and houses the Signature Villa (lower center, main image and within inset image at lower right). The Villa offers 3,000 sf of living area, with 3 beds, 2.5 baths and a private pool and spa. Conveniently, a 450-meter bridge (shown at right-center) connects Wavi to the mainland. From there, the Savusavu Airport is within a 10-min drive. FijiLuxuryAuction.com.

 

Wavi’s existing, resort-style amenities include a 3-bed, 1-bath manager’s home, large pavilion with bar and lounge, “lagoon-style” marina and community pool, pictured here. Also visible is the island’s private access bridge (center/right; background), connecting Wavi to the Vanua Levu mainland. FijiLuxuryAuction.com.
Wavi’s existing, resort-style amenities include a 3-bed, 1-bath manager’s home, large pavilion with bar and lounge, “lagoon-style” marina and community pool, pictured here. Also visible is the island’s private access bridge (center/right; background), connecting Wavi to the Vanua Levu mainland. FijiLuxuryAuction.com.

 

The Global Power of Sport: Bank of America Partners with Great Ethiopian Run to Expand Access to Endurance Sports

Beginning in 2026, Partnership Will Elevate Flagship Race’s Global Profile and Significantly Expand Access to Running Opportunities for Children

ADDIS ABABA, Ethiopia and CHARLOTTE, N.C., Nov. 21, 2025 /PRNewswire/ — Great Ethiopian Run today announced a multi-year partnership with Bank of America to serve as the Presenting Partner for Great Ethiopian Run beginning in 2026. The partnership extends the bank’s global endurance portfolio into one of Africa’s most dynamic and fast-growing running communities. Together, Bank of America and Great Ethiopian Run will promote the growth of three major running events – the Great Ethiopian Run International 10km, its associated Children’s Races and, beginning in 2027, the Women First 5km – all presented by Bank of America to drive visibility for Ethiopia’s vibrant running culture and contribute to the local economy through sport, tourism and enterprise. 

Bank of America’s partnership with Great Ethiopian Run is rooted in a community-driven approach to inspire the next generation and expand access to endurance sports across Ethiopia and around the world. It reinforces Bank of America’s long-term commitment to driving progress, and support communities through sport, aligning with Great Ethiopian Run’s core vision to make running a lifestyle for everyone.

“We are very excited about the next stage of the journey for Great Ethiopian Run with Bank of America as our partner in all that we do,” said Dagmawit Amare, General Manager at Great Ethiopian Run. “With a strong commitment to our community and to the next generation, we will work together to use our flagship race to broaden our reach and find new ways to increase access to running for children and young people.”

A central goal of the collaboration is to significantly boost participation in the iconic Great Ethiopian Run International 10km event, with this Sunday’s 25th anniversary race expected to attract around 50,000 participants, along with expanding participation in the children’s and women’s events. These initiatives underscore a shared dedication to fostering local talent, promoting a healthy lifestyle and creating platforms that celebrate Ethiopia’s unique running culture and community spirit.

“Great Ethiopian Run is a world-class organization that is expanding the positive impact of sports throughout Ethiopia, Africa and the world,” said Brad Ross, Head of Global Marketing Partnerships at Bank of America. “As we aim to help communities thrive globally, create impactful opportunities and support athletes, Bank of America is proud to team up with Great Ethiopian Run to grow participation in youth and women’s races, empowering the next generation through the power of sport.”

Great Ethiopian Run significantly contributes to Addis Ababa’s tourism and infrastructure development, attracting thousands of international visitors each year and stimulating local businesses. This partnership will amplify these benefits – creating jobs, boosting local enterprises and providing specific economic advantages for communities in and around Addis Ababa.

Building on Bank of America’s sponsorship of two Abbott World Marathon Majors – the Boston and Chicago Marathons – where the events annually generate a combined economic impact of over $1.1 billion and raise more than $90 million for charitable causes, this partnership brings invaluable global resources and practices to Great Ethiopian Run and its portfolio of events.

By connecting its global endurance platform to Africa’s next generation of runners, Bank of America is continuing to demonstrate how sport can create opportunity – uniting people, markets and communities and reinforcing its role as a partner in regional and global growth and aligning with its broader business strategy across EMEA and Sub-Saharan Africa.

As Great Ethiopian Run continues to drive its core vision “to make running a lifestyle for everyone,” Bank of America will provide the resources and endurance expertise to support the modernization of race operations through advanced technology. This strategic focus aims to enhance the runner experience, streamline event management and efficiently manage the event’s expanding footprint. This commitment will attract more participants, solidify its position as a leading global running event and ensure the event’s long-term sustainability and reach as a vibrant cultural celebration for Ethiopia.

Bank of America partners with the most iconic brands in sports as part of their work to create new and deepen existing client relationships, engage teammates and make a lasting economic impact, globally and locally. Beyond its partnership with Great Ethiopian Run, Bank of America partners with global brands and events across endurance, soccer and golf with events like The Boston Marathon presented by Bank of America, Bank of America Chicago Marathon and the Chicago Distance Series, FIFA World Cup 2026™, the U.S. Soccer Federation and all 27 U.S. National Teams, The Masters Tournament and the Augusta National Women’s Amateur. Bank of America rallies around these partnerships to drive business, build its brand and make an impact across 35 countries and nearly 100 U.S. local markets in which they operate.

Great Ethiopian Run
Great Ethiopian Run is Ethiopia’s premier event management company specializing in mass-participation running events. Since its inception in 2001, Great Ethiopian Run has staged over 200 races in different parts of Ethiopia. In recent years, the organization has focused on taking mass-participation races to all corners of Ethiopia; developing capacity in the office and event teams staffed entirely by Ethiopians, and working with sponsors on a range of publicity campaigns. Great Ethiopian Run also consults for and provides operational support to races staged outside Ethiopia in different African countries and further afield.

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million consumer and small business clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Reporters may contact
Andy Aldridge, Bank of America
Phone: 1.980.387.0514
andrew.aldridge@bofa.com