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5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn

  • 5ire, has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world.
  • Brainchild of India-origin founders, Pratik Gauri and Prateek Dwivedi

SINGAPORE – Media OutReach – 15 July 2022 – 5ire, a fifth generation level 1 blockchain network and the world’s first and only sustainable blockchain, today announced that it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM. This investment makes 5ire the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world, valued at $1.5 billion. 5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021.

5ire raised a funding of $21 million in its seed round at a valuation of $110 million with participation from both private and institutional investors like Alphabit, Marshland Capital, Launchpool Labs, Moonrock Capital, and amongst many other investors.

The funds raised will be used for business expansion and extending 5ire’s footprint across three continents including Asia, North America and Europe, with India as the hub of operations and core area of focus. 5ire will continue to invest in strengthening its blockchain further and work towards ensuring this decentralised technology benefits a larger base globally. Additionally, 5ire aims to hire the best talent in the industry across functions like product, engineering, marketing etc.

Speaking on the occasion, Dr Sailesh Lachu Hiranandani, Chairman of the SRAM & MRAM group, said, “We have great confidence in moving forward with investments in sustainable technologies. As a scientist, I have always believed in finding better ways to do things, and 5ire is committed to finding solutions for the 17 UN Sustainability Development Goals. We are assured in the abilities of the leadership team at 5ire and wish them all the very best.”

Pratik Gauri, CEO and Founder of 5ire said, “We are on a mission to embed sustainability into blockchain and shift the current paradigm from ‘for-profit’ to ‘for-benefit’. The 5ire team has worked round-the-clock to develop a platform that combines both technology and processes for the benefit of humankind. Becoming the world’s first and only sustainable unicorn born out of India, in just 11 months, is testimony that we are on the right path. We are humbled by the trust shown in 5ire by the SRAM & MRAM group and thrilled to find a partner who also wants to promote the transition of the world from the 4th Industrial Revolution to the 5th Industrial Revolution.”

5ire is a blockchain ecosystem that brings forth Sustainability, Technology & Innovation to build the 5th industrial revolution (5IR). The mission of the 5ire ecosystem is to embed the for-benefit paradigm at the heart of blockchain, by highly incentivizing practices that align with the United Nations Sustainable Development Goals (SDGs), therefore facilitating the transition from the 4IR to 5IR. 5ire empowers decentralized autonomous organizations (DAOs) and working groups to help accelerate the implementation of the UN’s 17 SDG goals. It assures openness, unity of purpose, and inclusivity. Thus, shaping the ethics of business and collaborations toward sustainability while providing a cross-chain environment as well as advanced governance and rewarding mechanisms for participants.

The issuer is solely responsible for the content of this announcement.

About 5ire:

5ire is a blockchain ecosystem that focuses on sustainability, technology and innovation to build the 5th industrial revolution (5IR). Founded by blockchain proponents Pratik Gauri, Prateek Dwivedi and Vilma Mattila in August 2021, the missions of the 5ire ecosystem are to embed a for-benefit paradigm at the heart of blockchain, highly incentivise practices that align with the United Nations Sustainable Development Goals (SDGs), facilitate the transition from the 4IR to 5IR, and accelerate the implementation of the UN 2030 Agenda for Sustainable Development. The company’s primary offering is 5ireChain, a first layer, sustainability-driven 5th generation blockchain that ensures adherence to the philosophy of 5IR, creating a net positive impact on the planet and service humanity.

For further information, visit its website at .

About SRAM & MRAM Group:

SRAM & MRAM Group is the brainchild of , and founded in 1995. Dr.Sailesh Lachu Hiranandani, holds a Ph.D in Financial Management from UK , is a visionary with a steadfast background in Financial and Risk management in Hedge Funds and Forex Managements. His career started with commodity trading in India and Cambodia and gradually entered FX hedging and rollovers from Tokyo, Hongkong and Singapore. During this time, the world currency markets were rapidly fluctuating and he wanted a reliable system to manage the USD against GBP, EURO and JPY. This led to his acquiring considerable skills in both Financial and the Information Technology market.

Assisted by an able team of and Forex associates, he set up what is today, after two decades, a global conglomerate with 8 international alliances, 10 companies,5 continents, 35+ locations, 300+ employees with a sales turnaround of USD 800 Million (FY 2017-2018). The corporation is headquartered in Edinburgh, United Kingdom with branch offices in Cambodia, South Africa, Indonesia, Malaysia, Bahrain, Georgia, India and Bangladesh. For further information, please visit .

ChainUp Custody and OneInfinity by OneDegree enter strategic partnership to foster collaboration in risk management

SINGAPORE & HONG KONG – News Direct – 15 July 2022 – Blockchain solutions provider ChainUp Group (“ChainUp”) and insurer OneDegree Hong Kong Limited (“OneDegree”) announced today a strategic partnership to provide clients of ChainUp Custody with insurance and technology combined risk management services through OneInfinity by OneDegree. Through this partnership, OneInfinity will officially become ChainUp’s Preferred Service Partner.

Leveraging each other’s industry and technical expertise, both parties are committed to promoting higher standards of security in the digital asset space and facilitating the healthy and sustainable growth of the Web3 community.

As part of the ChainUp Group, ChainUp Custody provides a comprehensive set of highly secure and reliable digital asset custody services with insights and strategies accumulated from servicing over 1,000 enterprise clients in the past five years, including technical product support, wallet interfaces, main chain asset custody, customized main chain integration, node solutions, co-managed wallet, loans, financing, and other financial services.

OneDegree is a licensed virtual insurance company in Hong Kong. Combining its strong underwriting expertise, sophisticated data analytics and technical know-how, OneInfinity by OneDegree offers insurance solutions and risk management technology designed specifically for digital asset trading platforms, custodians, asset managers and technology providers. OneInfinity also leverages Cymetrics’ cybersecurity solutions, which are offered by a sister company of OneDegree. Cymetrics helps companies examine cyber, blockchain and digital asset risks from the perspective of hackers and insiders in a more agile and flexible way.

Mr. Jeff Mei, Chief Marketing Officer of ChainUp Group said, “In the digital asset custody space, security and compliance are two key areas of concerns and risk management is a critical part of our offerings. Not only does ChainUp aim to provide our clients with reliable and compliant products and services, but we also actively seek to collaborate with relevant industry players to leverage one another’s expertise and do our part in creating a more robust ecosystem.”

Ms. Becky Tam, Chief Operating Officer of OneInfinity said, “With the rapid development of the digital asset industry, the establishment and adoption of best practice in risk management are crucial to ensure sustainable growth of the industry. OneInfinity is designed to answer this call, not only to support our clients in building trust and credibility, but also to encourage institutional participation in the sector.”

Contact Details:

ChainUp Group
Xue Zhen Yeo
+65 9325 6483
xuezhen.yeo@chainup.com

OneInfinity by OneDegree
Lisa Lin
lisa.lin@onedegree.hk

About ChainUp Group

Founded in 2017, ChainUp is a leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange systems, NFT trading systems, wallet solutions, liquidity solutions, and digital assets custody and management. Headquartered in Singapore and with offices around the world, the company has served more than 1,000 clients in 30 countries, reaching over 60 million end-users.

For more information, please visit: www.chainup.com.

About OneInfinity by OneDegree
OneInfinity is the digital asset insurance business of OneDegree Group, operating under a general insurance licence from the Hong Kong Insurance Authority. OneInfinity’s insurance products are specifically designed for digital asset trading platforms, custodians, asset managers and technology providers. They protect digital asset wallets against crime and specie risk and cover enterprise cyber security risk and directors & officers liabilities. OneInfinity utilizes CymetricsTM, a proprietary blockchain-compatible cyber security technology solution developed by the OneDegree team, to help businesses manage cyber, blockchain and digital asset risks from the perspective of hackers and insiders in the dynamic Web3 space.

For more information, please visit: digitalasset-insurance.onedegree.hk/en-us.

MEM and the Carbon Trust Promote Energy Efficiency As Campaign in Laos

The Ministry of Energy and Mines (MEM) and the Carbon Trust, an international climate consultancy, have joined forces to raise awareness of energy efficiency and share expertise to accelerate the Laos’s transition to resilient and low carbon energy.  

Southeast Asian Central Banks to Connect Payment Systems via QR Code

Central banks in Southeast Asia hope to link payment systems across the region this year using QR code technology.

TECNO CAMON 19 Releases in India! The Best Partner to Get Artistic with Night Photography

NEWDELHI, INDIA – Media OutReach – 15 July 2022 – On July 12, TECNO released the CAMON 19 in India. Describing in one sentence – it features fashion aesthetics combined with cool technology.

photo-T.jpg

CAMON 19, a high-performance, high-value smartphone designed for Gen Z, won the German iF Design Awards 2022 with the industry-first slimmest bezel of 0.98mm. Holding the rear shell with 200 million stars diamonds is like holding the entire milky way in hands. It has three options: Eco Black, Sea Salt White, and Geometric Green.

In addition to the stylish appearance, CAMON 19’s professional camera is powerful. Its lens adds white pixel to the traditional RGB to form an RGBW pixel arrangement, and uses ISOCELL to improve light sensitivity and reduce light crosstalk. RGBW technology, hailed as another major progress of mobile cameras, takes the new generation of mobile cameras closer to professional ones. This new technology can highlight the natural features and colors of portraits in low light and night conditions, bringing users subtle night shooting experience.

As the industry-first 64MP Triple Rear Camera with RGBW sensor, it can easily shoot pictures at night. Simply with the night mode and multiple night mode filters like cyberpunk can users get the best lowlight pictures through RGBW so that CAMON 19 enables everyone to shoot night scenes bright and clear enough and undistorted. With amazing portraits, CAMON 19 will surely increase social media followers of users.

Furthermore, CAMON 19 equipped with 5000mAh battery and offers 18W Fast Charging. Users can enjoy level up speed with ultra large 11GB RAM memory fusion as well. The quality of CAMON 19 is guaranteed, and it has passed TÜV Rheinland certified for Blue Light and Widevine l1 certified for 1080P OTT Contents consumption.

India’s Gen Z always looking for new social connections, but few smartphones can capture their glamour at night or lowlight environment. After discovering the pain point of night shooting, TECNO is committed to solving the problem of blurred focus due to dark light, and finally developed CAMON 19, the best partner to get artistic with night photography.

In a nutshell, it has made remarkable improvements in photography, trend and technology. With the strength of fashion technology, CAMON 19 has become the first choice for India’s Gen Z, which is currently available for order in India.

Hashtag: #TECNO

FWD breaks its record again at Bloomberg Businessweek Financial Institution Awards 2022 with 14 wins

Most awarded insurer for the fifth consecutive year

HONG KONG SAR – Media OutReach – 15 July 2022 – FWD Insurance (“FWD”) broke its record again by winning 14 awards and becoming the most awarded insurer for the fifth consecutive year at the Bloomberg Businessweek Financial Institutions Awards 2022.

FWD has broken its record again at Bloomberg Businessweek Financial Institution Awards 2022 with 14 wins. Crowned the most awarded insurer for the fifth consecutive year, FWD has been recognised with its innovative products, services, platforms and outstanding marketing strategies.

FWD has broken its record again at Bloomberg Businessweek Financial Institution Awards 2022 with 14 wins. Crowned the most awarded insurer for the fifth consecutive year, FWD has been recognised with its innovative products, services, platforms and outstanding marketing strategies.

The 14 awards, including six Excellence Awards and eight Outstanding Awards (see Table 1), cover various areas including life and health protection, wealth growth, quality customer service and digital experience, demonstrating FWD’s achievements in its customer-led strategies and the effective integration of innovative technology into its insurance products and services.

Ken Lau, FWD Managing Director of Greater China and Hong Kong Chief Executive Officer, said, “This is a huge recognition for our team’s hard work, commitment and dedication to consistently pursue the highest standards year after year. Receiving these many awards from Bloomberg, a respected media platform, inspires us to continue to innovate and improve our customers’ experiences. We’ll continue to design new products, value-added services and engagement means to create a simpler, faster and smoother insurance experience for everyone, following our brand vision of changing the way people feel about insurance.”

FWD has set new records again for its innovative health and wealth products and services, covering its industry-leading Voluntary Health Insurance Scheme (VHIS), “vPrime Medical Plan” (Certification number: F00045) which offers comprehensive health protection at affordable premiums and rehabilitation support for its customers; The “PREMIER THE ONEcierge” and “MINDcierge”1 provide one-stop professional health and consultation services across Asia; “MyCover” for critical illnesses, “MyTerm” for term life insurance and “MaxFocus Vision Insurance Plan” for wealth planning.

FWD’s performance has been recognised by customers and praised by the industry. FWD was top 32 in Hong Kong for the first-year premium of new business; top 42 in Hong Kong in the number of new business policies; top 13 in best value of money of insurance products and services; the Hong Kong Federation of Insurers Voluntary Health Insurance Award Winner4; and 97% of customers felt satisfied with FWD’s buying experience5. This showcases FWD’s accomplishments in both business development and the commitment to building a distinctive brand.

The vPrime Medical Plan (Certification Number: F00045) is underwritten by FWD Life Insurance Company (Bermuda) Limited (incorporated in Bermuda with limited liability) (VHIS provider registration number 00036). The above information does not contain the full terms. For detailed terms and conditions, benefits of the policy, major exclusions and key product risks of vPrime Medical Plan, please refer to its product brochure and policy provisions downloadable at https://www.fwd.com.hk/en/protect/health-accident/vhis/vprime/.

1“PREMIER THE ONEcierge” and “MINDcierge” are provided by external third-party providers. They do not form parts of the policy or benefit items under the policy provisions and are only applicable to the designated insurance plan. FWD reserves the right to suspend, terminate or vary the Services in its sole discretion without further notice.

2Source: Insurance Authority provisional statistics on long-term insurance business in Hong Kong from January to December 2021, combining individual and group insurance business.

According to KPMG’s latest 2021 KPMG Hong Kong Customer Experience Excellence survey, FWD was ranked No. 1 in Hong Kong in terms of value for money insurance products and services.

FWD Voluntary Health Insurance product “vPrime Medical Plan” (“vPrime”) won the “Outstanding Creative Product/Service Award” at the “Hong Kong Insurance Awards 2021″ — Voluntary Health Insurance Scheme” won the annual award, the highest honour of the year. FWD Voluntary Health Insurance Series receives two top honours at Bloomberg Businessweek Financial Institution Awards 2021 – Excellence in Voluntary Health Insurance Plans and Medicare Plans and Excellence in Healthcare and Protection.

According to the FWD Customer Opinion Survey conducted by FWD Hong Kong from January to March 2022, respondents gave a “Very Good/Good” rating in the overall customer buying experience.

Table 1: List of 14 awards won by FWD at the Bloomberg Businessweek Financial Institution Awards 2022

Category Winner Award
Customer Engagement FWD MAX Experiential Platform Excellence
Digital Marketing FWD Wellness Pass Excellence
Educational Fund MaxFocus Vision Insurance Plan Excellence
Health & Protection vPrime Medical Plan Excellence
High Net Worth (Product/Service) vPrime Medical Plan Excellence
Integrated Marketing (Product Promotion) FWD’s Pop-up “Treasurance” Shop Excellence
Cross-Border Insurance Services PREMIER THE ONEcierge + Partnership with HKSH + MINDcierge (Mainland China Counselling Services) Outstanding
Life Insurance MyTerm Term Life Insurance Plan Outstanding
Medical Care vPrime Medical Plan Outstanding
Online Platform FWD One-stop Digital Platform Outstanding
Product Innovation MyCover Critical Illness Plan Outstanding
Service Innovation FWD Care Outstanding
Training Program of the Year “A Start for The Stars” Plan Outstanding
Voluntary Health Insurance vPrime Medical Plan Outstanding

Hashtag: #FWD

About FWD Hong Kong and Macau

FWD Hong Kong & Macau are part of the FWD Group, a pan-Asian life insurance business with approximately 10 million customers across 10 markets, including some of the fastest growing insurance markets in the world.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning. FWD Macau provides a suite of life and medical insurance.

FWD is focused on making the insurance journey simpler, faster and smoother, with innovative propositions and easy-to-understand products, supported by digital technology. Through this customer-led approach, FWD is committed to changing the way people feel about insurance.

For more information about FWD Hong Kong & Macau, please visit and .

Results of the ixCrypto Index Quarterly Review (2022 Q2)

HONG KONG SAR – Media OutReach – 15 July 2022 – Today, IX Asia Indexes Company Limited (“IX Asia Indexes”) announced the 2022 2nd quarter review of the ixCrypto Index (“IXCI”) with results of the constituent review and exchange review as follows:

Constituent Review

The number of constituent cryptos will be increased from the current 19 to 29 constituents:

Additions

  1. Ethereum Classic
  2. Elrond
  3. EOS
  4. Filecoin
  5. Flow
  6. Klaytn
  7. Monero
  8. Tezos
  9. Theta Network
  10. VeChain


Deletion

No deletion

After the change, the free float adjusted market capitalization coverage is 74.08%*, while the 90-day-average volume coverage is 78.17%*. The constituents changes above and recapping at 40% will be effective on July 22, 2022 (Friday).

Since the last review, there has been a decrease in the crypto total market capitalisation from USD2.16tn to USD0.8tn(-63.0%), and a drop in the daily volume from USD113bn to USD62bn(-45.1%). Bitcoin remains as the largest crypto in the constituent list, with its price fell by 57.28% since the last review.

Exchange Review

As a result of exchange review, the selected 10 exchanges to generate each of the fair average prices for the constituents are as follows:

Selected Exchanges

  1. Binance
  2. BitMart
  3. Bitrue
  4. Coinbase Exchange
  5. DigiFinex
  6. FTX
  7. HitBTC
  8. Hotcoin Global
  9. OKX
  10. Upbit

Removal of Terra classic from Spot Price Index

The launch of the Spot Price Index series is to provide a single USD equivalent price for the market at every 5-second interval real-time, for the most representable coins in the world. Following the significant market cap reduction of Terra Classic since Terra (UST) de-peg incident in mid-May, Terra Classic will be replaced by Avalanche, the next top coin ranked by 90 days average market cap. For the purpose to reflect a fair and representative valuation of cryptos, each disseminated spot price is an average price of the coin in at most 10 exchanges.

For more details about our exchange selection criteria, please email info@ix-index.com

More details about the ixCrypto Index, including its constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/

*exclude stable coins and exchange coins (based on conflict of interest rule methodology effective Oct 2, 2020)

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 Variable/29 in Q3 2022
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%, or a 40%/ 30%/ 20% step cap under extreme conditions
Currency US Dollar
Dissemination Every 5 seconds for 7×24
Website https://ix-index.com/

Appendix 2

Weightings of the Constituents of ixCrypto Index

Crypto 90-day-average-volume * 90-day-average- Market Cap Cummulative Market Coverage before Cap Weighting (%) After 40% Cap
1 Bitcoin $31,302,332,439 $621,375,928,720 42.85% 40.00%
2 Ethereum $18,505,138,397 $269,745,495,743 61.45% 33.32%
3 XRP $1,684,677,152 $25,161,456,645 63.19% 3.97%
4 Cardano $1,125,438,918 $23,595,542,378 64.81% 3.93%
5 Solana $1,782,940,319 $22,743,900,365 66.38% 2.90%
6 Dogecoin $1,029,337,212 $13,712,514,261 67.33% 2.30%
7 Polkadot $739,409,553 $12,662,267,600 68.20% 1.73%
8 Avalanche $782,029,937 $12,363,143,941 69.05% 1.24%
9 Polygon $608,679,431 $7,093,769,035 69.54% 0.99%
10 TRON $1,275,795,478 $6,874,345,369 70.02% 1.50%
11 NEAR Protocol $788,220,357 $ 6,200,215,557 70.44% 0.62%
12 Litecoin $727,608,811 $ 5,689,275,447 70.84% 0.94%
13 Bitcoin Cash $3,181,275,699 $ 4,390,544,264 71.14% 0.50%
14 Cosmos $427,677,512 $ 4,334,119,024 71.44% 0.53%
15 Stellar $255,675,181 $ 3,891,295,038 71.71% 0.69%
16 Algorand $198,699,397 $ 3,614,114,591 71.96% 0.52%
17 Ethereum Classic $518,525,190 $ 3,544,354,575 72.20% 0.51%
18 Monero $196,955,986 $ 3,425,708,259 72.44% 0.54%
19 VeChain $228,635,755 $2,721,116,004 72.62% 0.41%
20 Hedera $55,457,324 $2,600,759,866 72.80% 0.34%
21 Internet Computer $151,264,075 $2,506,425,164 72.98% 0.33%
22 Filecoin $359,429,932 $2,432,843,775 73.14% 0.31%
23 Elrond $99,516,201 $2,331,467,386 73.31% 0.28%
24 Flow $78,994,250 $2,164,781,357 73.45% 0.40%
25 Tezos $94,637,188 $2,064,430,928 73.60% 0.33%
26 Theta Network $157,335,505 $2,009,113,830 73.74% 0.31%
27 Klaytn $72,678,355 $1,681,557,442 73.85% 0.17%
28 EOS $407,362,020 $1,674,706,522 73.97% 0.23%
29 Fantom $386,866,689 $1,668,771,518 74.08% 0.17%
Data as of 30 June 2022 (HKT)
* 90-day-average-volume ranking in total market is shown in the parentheses
* For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website

Appendix 3

ixCrypto Indexes Dissemination

Real time indexes are disseminated every 5-second interval for 7×24 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 Reuters Ticker
ixCrypto Index IXCI .IXCI
ixBitcoin Index IXCBI .IXBI1
ixEthereum Index IXCEI .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.

For data licnesning and product, please contact us at licensing@ix-index.com.

For free API use on academic research or trial, please contact enquiry@ix-index.com

Hashtag: #IXAsiaIndexes #ixCryptoIndex

About IX Asia Indexes and IX Index Advisory Committee

IX Asia Indexes is an award-winning index company, providing real-time digital asset and innovative indexes, disseminated 7×24 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index launched in Hong Kong in December 2018, the ixCrypto index series expand into 14 indexes with one market index, 2 single coin indexes and 11 spot price (fixing) indexes. 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.

Website:
Advisory Committee:

About IX Crypto Indexes

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 7X24 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services. 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.

Thai Tourists Flock to Northern Laos Heritage Town of Luang Prabang

Locals and tourists alike participate in the morning almsgiving ceremony in Luang Prabang (Evensong Film)

Luang Prabang, the UNESCO Heritage City of northern Laos, has seen a surge of interest from Thai tourists in recent weeks amid celebrity trips and curiosity about the Laos-China Railway.