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Fysin Hair Unveils Invisi Drawstring Glueless Wigs, Steering the Wig Industry Toward Sustainability

DENVER, Aug. 14, 2025 /PRNewswire/ — Recently, Fysin Hair proudly launches its Invisi Drawstring collection, marking a pivotal step in sustainable beauty. Engineered with an innovative internal drawstring system and crafted from recycled monofilament mesh, these 100% human hair wigs eliminate the need for chemical adhesives, reduce single-use waste and champion a circular lifecycle from sourcing to storage.

Zero-Waste Installation

Traditional lace-front wigs rely on acrylic or silicone-based glues that generate chemical runoff, disposable tapes and scalp irritation. Fysin Hair’s Invisi Drawstring system replaces adhesives with a concealed, adjustable drawcord that:

  • Secures via gentle tension, keeping the wig firmly in place through commutes, workouts and windy days
  • Leaves no residue, so wearers avoid toxic removers and lengthy cleanup
  • Reduces single-use accessories, cutting thousands of glue strips from landfills annually

Sustainable Cap Engineering

Each Invisi Drawstring wig features:

  • Recycled Monofilament Panels: Ultra-breathable mesh made from post-consumer plastics conforms comfortably to the scalp while promoting airflow
  • Integrated Drawstring Mechanism: A discrete, durable cord hidden in the cap’s perimeter allows precise tightening for every head shape without pins or tapes
  • Modular Combs & Straps: Replaceable interior combs and adjustable straps extend cap lifespan and empower users to refresh their fit without discarding the entire wig
  • Biodegradable Packaging: Collapsible, recycled-cardboard boxes and organic-cotton storage bags eliminate foam inserts and plastic wrap

Performance Meets Environmental Responsibility

Beyond installation, Fysin Hair addresses every stage of a wig’s lifecycle:

  1. Gentle Care Regimen — Recommended use of plant-derived, sulfate-free shampoos and conditioners that rinse clean without polluting waterways
  2. Component Swaps — Swap worn combs or straps in minutes, mirroring “repairability” standards in sustainable electronics
  3. Second-Life Program — Gently used wigs are accepted for donation to medical-aesthetic charities; irreparable fibers are collected for textile recycling or upcycling

“Our goal was to create a wig that’s as kind to the planet as it is to the wearer,” said Zhanwei Huang, co-founder of Fysin Hair. “By removing glues and embracing recycled materials, we’re redefining what sustainable luxury looks like—without compromising on style or comfort.”

Customer Spotlight

“No more sticky glue or itchy scalp — just a super-secure fit thanks to the hidden drawcord.” — Amari Kirscht, beauty influencer

Amari — a high-profile beauty creator — praised the Invisi Drawstring Glueless Wig for its lightweight, natural feel, breathable recycled monofilament cap, and reliably secure fit that holds up through long shoot days and outdoor activity. She also highlighted how effortless it is to wear and remove, and how the eco-friendly packaging adds to the product’s everyday appeal. Her on-camera endorsement reinforces Fysin Hair’s aim to blend professional performance with genuine sustainability.

Meeting Diverse Needs

The Invisi Drawstring collection caters to a wide spectrum of users:

  • Medical and Alopecia Patients who require gentle, irritation-free solutions
  • Active Lifestyles: Runners, dancers and fitness enthusiasts benefit from secure, slip-resistant wear
  • Fashion and Cosplay Creators seeking quick changes, on-camera confidence and clean removals
  • Everyday Wearers who value convenience, comfort and eco-friendly credentials

Charting the Future of Green Wigs

While Invisi Drawstring represents today’s innovation, Fysin Hair is already exploring next-generation technologies:

  1. 3D-Printed Custom Caps to eliminate waste from standard sizing and trimming
  2. AI-Driven Pigment Matching for zero-waste dye processes and perfect color accuracy
  3. Biodegradable Lace Fronts under development to close the loop on wig recyclability

Industry analysts forecast that the global wig market—projected to exceed $8 billion by 2027—will increasingly prioritize sustainable solutions. Fysin Hair’s Invisi Drawstring line positions the brand at the forefront of this transformation.

Availability

The Invisi Drawstring Glueless collection is now available at the Fysin Store — Click Buy Now to shop and enjoy a flawless, barely-there fit from day one.

About Fysin Hair

Founded in 2023, Fysin Hair is a pioneer in eco-conscious wig design. Committed to transparency, each human-hair unit is traceably sourced under fair-trade agreements and accompanied by an ethical origin certificate. Through innovative materials, modular construction and circular-economy initiatives, Fysin Hair delivers premium, planet-friendly hair solutions.
Fysin Hair Official Website
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Facebook @fysinhair

 

Normet Group: Record high quarterly order intake, profitability weighed down by lower deliveries and currency effect

HELSINKI, Aug. 14, 2025 /PRNewswire/ — Normet Group has published its Half-year Financial Report for 1 January-30 June 2025 on 14 August 2025. Below is a summary of the report. The full document is available at https://www.normet.com/en/discover-normet/about-us/financial-reports/.

Highlights of April−June 2025

  • Order intake increased by 47.1% and reached a quarterly record of EUR 174 million (118), including a number of key strategic projects across several markets.
  • Net sales decreased by 10.0% to EUR 108 million (120) as a result of lower deliveries and an adverse currency effect.
  • Comparable operating profit amounted to EUR 8 million (15), representing 7.4% (12.3%) of net sales. The decline was mainly driven by lower deliveries and an adverse currency effect.

Highlights of January−June 2025

  • Order intake increased by 24.3% to EUR 285 million (230) with significant orders in the Equipment business line, particularly in North America and Asia-Pacific regions.
  • Net sales decreased by 10.5% to EUR 209 million (233) as a result of the timing of deliveries being weighed more towards the end of the year and an adverse currency effect.
  • Comparable operating profit amounted to EUR 11 million (27), representing 5.1% (11.4%) of net sales. The decline was mainly driven by lower deliveries, an adverse sales mix, and an adverse currency effect.
  • Lost Time Injury Frequency Rate (LTIFR) at the end of the reporting period was 1.81 (2.4), nearing Normet’s long-term target of less than 1.5.
  • Gearing stood at 99.5% (82.7%). The redemption of the hybrid bond increased the gearing.

Chief Executive Officer Ed Santamaria, comments:

“The positive improvement in market demand for our underground mobile equipment continued throughout Q2, and in fact, we secured record new orders of 174 MEUR. The major orders in Q2 came from across several of our markets and included a number of key strategic projects that are critical for Normet’s longer-term future.

Several of the new major equipment orders include Normet service agreements, which are under finalization and expected to be booked in Q3. The order pipeline remains healthy with major new orders expected to materialize in Q3 and Q4.

Net sales development was a disappointing 10% below the corresponding Q2 2024 period. Slower delivery of mobile equipment and negative FX across all Business lines remain the main contributors to the lower sales. Equipment output and final customer deliveries have increased progressively since the start of the year, and additional production capacity has been added to the lines to manage the increased order backlog and secure the H2 unit deliveries.

The low profitability result in Q2 is disappointing for Normet and is an area that the management is committed to improve with urgency. To a large extent, lower volumes and negative FX across the Business Lines contributed to lower margins as did additional up-front investments in technology development, predominantly in electrification and automation, which are essential to a number of our new orders. Actions to improve the profitability across the business have been prioritized.

Our focus for H2 is on finalizing the larger service agreement opportunities, securing new equipment orders, and executing on our delivery and sales plans for the remaining part of 2025.”

Outlook

Demand for Normet’s products and expertise, customer process improvements, services, and consumables is expected to remain high in the medium term.

1 Last 12 months

For more information, please contact:
Timo Koponen, Chief Financial Officer, Normet Group Ltd.
Phone: +358 40 749 2986
E-Mail: timo.koponen@normet.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/normet/r/normet-group–record-high-quarterly-order-intake–profitability-weighed-down-by-lower-deliveries-and,c4217974

 

Executive Design Director of GAC Design Center Benoit Unlocks the Aesthetic Code of GAC’s Design

GAUNGZHOU, China, Aug. 14, 2025 /PRNewswire/ — Amid the wave of globalization reshaping the automotive industry, GAC is committed to achieving harmony between aesthetics, functionality, and user experience, fusing world-class engineering expertise with the speed of Chinese innovation to deliver world-class design and technology. Benoit, Executive Design Director of GAC Design Center, emphasises that automotive design is a complete story -one that flows seamlessly from overarching concepts to the finest details. By weaving together natural inspiration and technological power, GAC creates a unified rhythm between interior and exterior, ensuring every detail echoes the overall vision.

 

Natural Philosophy & Global Vision: GAC Chief Designer Benoit Forges a New Design Paradigm

From the EARTH Concept Car’s organic and mineral-inspired forms, to the seamless integration of CMF, UI, and geometric design, every element serves the whole. Whether it’s the creativity of AION, the refined luxury of HYPTEC, or the balanced diversity of GAC’s portfolio, the brand’s design philosophy spans the full spectrum.

Looking ahead, GAC aims to showcase the power of merging natural inspiration with advanced technology, creating emotional resonance and setting a new benchmark for the brand’s global journey.

 

As Agentic AI Gains Traction, 86% of Enterprises Anticipate Heightened Risks, Yet Only 2% of Companies Meet Responsible AI Gold Standards

With 95% of enterprises facing incidents, Infosys research reveals wide gap between AI adoption and responsible AI readiness, exposing most enterprises to reputational risks and financial loss

BENGALURU, India, Aug. 14, 2025 /PRNewswire/ — Infosys Knowledge Institute (IKI), the research arm of Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, today unveiled critical insights into the state of responsible AI (RAI) implementation across enterprises, particularly with the advent of agentic AI. The report, Responsible Enterprise AI in the Agentic Era, surveyed over 1,500 business executives and interviewed 40 senior decision-makers across Australia, France, Germany, UK, US, and New Zealand. The findings show that while 78% of companies see RAI as a business growth driver, only 2% have adequate RAI controls in place to safeguard against reputational risk and financial loss.

Responsible Enterprise AI in the Agentic Era Radar
Responsible Enterprise AI in the Agentic Era Radar

The report analyzed the effects of risks from poorly implemented AI, such as privacy violations, ethical violations, bias or discrimination, regulatory non-compliance, inaccurate or harmful predictions, among others. It found that 77% of organizations reported financial loss, and 53% of organizations have suffered reputational impact from such AI-related incidents.

Key findings include:

AI risks are widespread and can be severe

  • 95% of C-suite and director-level executives report AI-related incidents in the past two years.
  • 39% characterize the damage experienced from such AI issues as “severe” or “extremely severe.”
  • 86% of executives aware of agentic AI believe it will introduce new risks and compliance issues.

Responsible AI (RAI) capability is patchy and inefficient for most enterprises

  • Only 2% of companies (termed “RAI leaders”) met the full standards set in the Infosys RAI capability benchmark — termed “RAISE BAR” with 15% (RAI followers) meeting three-quarters of the standards.
  • The “RAI leader” cohort experienced 39% lower financial losses and 18% lower severity from AI incidents.
  • Leaders do several things better to achieve these results, including developing improved AI explainability, proactively evaluating and mitigating against bias, rigorously testing and validating AI initiatives and having a clear incident response plan.

Executives view RAI as a growth driver

  • 78% of senior leaders see RAI as aiding their revenue growth and 83% say that future AI regulations would boost, rather than inhibit, the number of future AI initiatives.
  • However, on average, companies believe they are underinvesting in RAI by 30%.

With the scale of enterprise AI adoption far outpacing readiness, companies must urgently shift from treating RAI as a reactive compliance obligation to embracing it proactively as a strategic advantage. To help organizations build scalable, trusted AI systems that fuel growth while mitigating risk, Infosys recommends the following actions:

  • Learn from the leaders: Study the practices of high-maturity RAI organizations who have already faced diverse incident types and developed robust governance.
  • Blend product agility with platform governance: Combine decentralized product innovation with centralized RAI guardrails and oversight.
  • Embed RAI guardrails into secure AI platforms: Use platform-based environments that enable AI agents to operate within preapproved data and systems.
  • Establish a proactive RAI office: Create a centralized function to monitor risk, set policy, and scale governance with tools like Infosys’ AI3S (Scan, Shield, Steer).

Balakrishna D.R., EVP – Global Services Head, AI and Industry Verticals, Infosys, said, “Drawing from our extensive experience working with clients on their AI journeys, we have seen firsthand how delivering more value from enterprise AI use cases, would require enterprises to first establish a responsible foundation built on trust, risk mitigation, data governance, and sustainability. This also means emphasizing ethical, unbiased, safe, and transparent model development. To realize the promise of this technology in the agentic AI future, leaders should strategically focus on platform and product-centric enablement, and proactive vigilance of their data estate. Companies should not discount the important role a centralized RAI office plays as enterprise AI scales, and new regulations come into force.”

Jeff Kavanaugh, Head of Infosys Knowledge Institute, Infosys, said, “Today, enterprises are navigating a complex landscape where AI’s promise of growth is accompanied by significant operational and ethical risks. Our research clearly shows that while many are recognizing the importance of Responsible AI, there’s a substantial gap in practical implementation. Companies that prioritize robust, embedded RAI safeguards will not only mitigate risks and potentially reduce financial losses but also unlock new revenue streams and thrive as we transition into the transformative agentic AI era.”

To read the full report, please visit here.

Methodology

Infosys used an anonymous format to conduct an online survey of 1,502 business executives across industries across Australia, New Zealand, France, Germany, the United Kingdom, and the United States Australia, France, Germany, UK, US, and New Zealand, as well as qualitative interviews with 40 senior executives.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 320,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in 59 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as artificial intelligence (“AI”), generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2025. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Karpowership and Seatrium Launch LNGTS Americas and Sign LoI for Next-Gen Floating Power Projects

ISTANBUL, Aug. 14, 2025 /PRNewswire/ — Karpowership and Seatrium have celebrated the naming of Karadeniz LNGTS Americas, the fifth member of Karpowership’s LNG Terminal Ship (LNGTS) fleet. The ceremony also saw both companies sign a strategic partnership to convert the Karpowership’s next-generation Powership and LNGTS fleet.

Karadeniz LNGTS Americas will join the growing fleet of vessels operated by Karpowership, the world’s largest owner and operator of the floating power plant technology known as Powerships.

Karpowership and Seatrium senior executives attend the naming ceremony in Singapore
Karpowership and Seatrium senior executives attend the naming ceremony in Singapore

LNGTS units can be paired with Powerships (LNG-to-Power), which are multi-fuel enabled, to deliver electricity in regions where onshore infrastructure is limited and access to natural gas is absent.

“With thanks to our partners at Seatrium, whose innovation, expertise, and commitment have been integral to our journey, we are delighted to add Karadeniz LNGTS Americas to our expanding fleet,” said Orhan Remzi Karadeniz, Chief Executive Officer of Karpowership. “Our model of integrating Powerships and LNGTS offers countries a unique and cost-effective solution to achieving energy security while utilizing cleaner fuels. Our one-of-a-kind, industry-leading design and know-how is globally unique, with no equal in its field. We are very proud to have become a significant player in the LNG field in just six years.”

Karpowership owns 50 Powerships with an installed capacity of 10,000 MW and 11 LNGTS units, including those under construction or in the pipeline. Having a global footprint in 20 countries across four continents, Karpowership is delivering cleaner, reliable, and cost-effective electricity, including LNG-to-power projects in Brazil and Senegal – the latter being the first of its kind in Africa.

Today, Karpowership represents 1% of global installed Gas-to-Power capacity and aims to double that to 2% in the next 10 years. As a part of this plan, the company signed a Letter of Intent (LoI) with Seatrium to expand its floating power capabilities. According to the LoI, Seatrium will begin converting three high-capacity LNGTS and Karpowership’s next generation of Powerships, which are designed as a modular system adaptable to project needs. The new design will allow for the integration of advanced technologies such as CCUS (Carbon Capture, Utilization, and Storage) systems or turbines when required.

“This collaboration underscores Seatrium’s role in transforming the energy industry through innovation and strategic partnerships in energy assets. By uniting our world-class offshore engineering expertise with Karpowership’s pioneering energy solutions, we are advancing the development and deployment of rapid, reliable, and flexible power solutions to meet growing global energy demands,” said Chris Ong, Chief Executive Officer of Seatrium.

The naming ceremony and the LoI reaffirm Karpowership’s commitment to providing energy security, meeting countries’ needs today, and building resilience for the long term.

About Karpowership

Karpowership is a global energy company specializing in fast-track and integrated power solutions. As the only builder, owner and operator of the world’s largest Powership fleet, Karpowership’s vessels can deliver turnkey energy solutions wherever they are needed, connecting to the grid and generating electricity in less than 30 days. In addition to its signature Powerships, Karpowership offers floating LNG solutions, to support a cleaner, more flexible energy future. With over 25 years of experience, Karpowership remains committed to delivering sustainable and reliable power, empowering nations and communities.

Visit www.karpowership.com for more information.

About Seatrium

Seatrium Limited provides innovative engineering solutions to the global offshore, marine and energy industries. Headquartered in Singapore, the Group has over 60 years of track record in the design and construction of rigs, floaters, offshore platforms and specialized vessels, as well as in the repair, upgrading and conversion of different ship types.

Discover more at www.seatrium.com.

 

Alibaba International Releases the World’s First AI Agent for Global Trade

B2B Search Engine Accio surpasses 2 million users within 9 months of launch

NEW YORK, Aug. 14, 2025 /PRNewswire/ — Alibaba International today announced the next iteration in the evolution of its B2B search engine Accio, with the addition of the world’s first AI Agent for global trade. ‘Accio Agent’ has been released following Accio’s milestone of surpassing two million users. This leap marks Accio’s evolution from an AI-powered sourcing tool into a fully agentic AI platform.

Accio Agent Mode
Accio Agent Mode

According to Alibaba International’s latest survey of product-focused entrepreneurs, 40% of small and medium-sized businesses (SMEs) from around the world are now run by solo entrepreneurs who face tight constraints on time, resources and manpower. Accio Agent tackles this challenge by compressing tasks which typically require days of cross-team collaboration into workflows completed in minutes.

Redefining Global Trade Workflow

Accio Agent revolutionizes international commerce by automating 70% of traditionally manual workflows, compressing fragmented processes including  product ideation, prototyping, compliance checks and supplier sourcing into a seamless, AI-powered cycle.

Here’s how it works: Users start by inputting a product concept. The system instantly generates a tailored development plan, complete with market insights, regulatory guidelines and design specifications. With a single approval from the user, Accio Agent takes over conducting real-time supplier vetting, bulk RFQs and comparative analyses, and delivers a finalized, production-ready roadmap. One final click sends inquiries directly to pre-vetted global sellers listed on Alibaba’s b2b e-marketplace Alibaba.com, enabling b2b buyers to quickly decide on the right choice of supplier for them.

By slashing weeks of research and sourcing coordination into minutes, Accio Agent empowers SMEs and solo entrepreneurs to outpace traditional teams, turning fragmented workflows into a unified sprint from concept to global supply chain.

When AI Meets Industry Depth

Trained on 1 billion product listings and 50 million supplier profiles, Accio Agent revolutionizes global trade with AI that merges deep industry insights and strategic reasoning.

Unlike general AI agents, Accio Agent leverages advanced language models to evaluate customer feedback and supplier performance, uncovering hidden strengths like specialized customization capabilities. It also emulates expert procurement logic, assessing technical needs, risks and business objectives to balance critical trade-offs such as quality versus cost or innovation versus compliance.

Kuo Zhang, Vice President of Alibaba International, shared: “Accio Agent is a highly practical tool which solves a multitude of problems for businesses sourcing globally. It’s an AI agent designed to help you do business. It can handle multiple tasks simultaneously, operating like a team of dedicated professionals – sourcing agents, product developers, engineers, and market researchers – all working together to grow your business.”

AI in the e-commerce market is valued at USD 7.68 billion in 2025 and is expected reach USD 37.69 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 25.5% from 2025 to 2032, according to Coherent research. Global trade hit a record $33 trillion in 2024, according to UN Trade and Development (UNCTAD).

Accio’s evolution into Agent AI underscores Alibaba International’s commitment to redefining global trade through innovation. By automating complex workflows and delivering actionable insights, Accio enables businesses to navigate international b2b sourcing with newfound confidence and agility.

Accio Agent is now available at Accio.com by switching to “Agent Mode”.

About Alibaba International

Alibaba International Digital Commerce Group (Alibaba International) is dedicated to supporting the development of global digital trade with AI-powered technology. It operates various platforms with distinctive business models, covering multiple countries and regions around the world.

SiegPath Revolutionises Proprietary Trading with Progressive Web App (PWA) Launch and 10K Flash Challenge

HONG KONG, Aug. 14, 2025 /PRNewswire/ — SiegPath, a global leader in fintech and proprietary trading evaluation services, has unveiled two major initiatives aimed to enhance accessibility and performance in financial markets. The launch of its cutting-edge Progressive Web App (PWA) platform, alongside the debut of the innovative “10K Flash Challenge,” equips traders worldwide with scalable, high-performance, and future-ready trading solutions. These initiatives mark the first phase of SiegPath’s strategic expansion following its recent rebranding, paving the way for global expansion.

Next-Generation Accessibility with SiegPath PWA

The newly launched SiegPath PWA removes traditional barriers in proprietary trading by offering a no-download, full-featured platform accessible across any device or operating system. Optimised for speed and convenience, the PWA delivers a seamless, high-performance trading experience to traders worldwide.

Key features include:

  • Comprehensive Client Portal: A centralised hub for efficient management of all trading activities.
  • TradingView Integration: Direct access to advanced charting tools and in‑depth market analytics.
  • Low Data Consumption: Optimised for emerging markets, ensuring smooth performance even in areas with limited internet infrastructure.
  • Built with a lightweight, sustainable architecture, the PWA aligns with SiegPath’s commitment to ESG (Environmental, Social, and Governance) principles, promoting responsible financial innovation.

SiegPath’s PWA delivers an app-like experience without downloads, offering a fast, intuitive, and user-friendly interface,” said Antti Zhang, Client Experience Director of SiegPath. “This platform is designed to support traders of all levels, helping them focus on mastering their strategies.”

Proprietary Trading 3.0: The 10K Flash Challenge

SiegPath has also introduced the “10K Flash Challenge,” a fast-track certification programme that evaluates and rewards traders in a single high-intensity session.

This initiative allows traders to earn certification and receive payouts in just one day, offering a streamlined pathway to professional recognition and financial success. By lowering entry barriers, the programme accelerates the transition from independent trader to institutional-level professional.

“The 10K Flash Challenge addresses a critical market need,” explained Timothy Tsang, Product Development Director of SiegPath. “Hedge funds are looking for traders who can perform under pressure, and this programme offers a fair and efficient way to identify exceptional talent.”

Driving the Future of Proprietary Trading

With over 65,000 users worldwide, SiegPath continues to shape the evolution of proprietary trading through advanced AI-powered analytics and a rigorous evaluation framework that identifies and nurtures top trading talent.

Key achievements include:

  • Certified traders manage over $35 million in assets.
  • Strategic partnerships with more than ten financial institutions and private equity funds.
  • The exclusive SiegCertified™ status, granting qualified traders access to substantial capital and tailored scaling opportunities.

Future Developments: Expanding Opportunities

Looking ahead, SiegPath plans to roll out additional services, incentives, and products to reinforce its leadership in the fintech space. Its PWA will play a crucial role in this expansion, offering clients greater access to cutting-edge technology and innovative reward programmes.

“By focusing on the evolving needs of our global client base, SiegPath will continue to launch solutions and programmes that align with our vision of responsible, scalable, and accessible financial innovation,” a company spokesperson added.

About SiegPath

 With years of expertise in financial IT services, SiegPath has observed a critical gap in the proprietary trading industry. Leading firms—such as Jane Street, Citadel Securities, and IMC Trading—continue to rely heavily on traditional recruitment methods like academic referrals and offline hiring processes. These approaches are often slow, inefficient, and plagued by high attrition rates. Yet, many proven traders have already demonstrated exceptional and consistent performance through online platforms.

To close this gap, SiegPath developed the SiegEvaluation™ system—a fully digital, data-driven solution designed to identify and assess high-potential trading talent with precision. Like established proprietary firms, we leverage traders’ strategies to exploit market opportunities and generate alpha. What sets us apart is our ability to redefine talent discovery—bringing it into the digital era and establishing a new industry benchmark.

For more information, please visit www.siegpath.com.

For media inquiries, please contactkelly@SiegPath.com

Matrixport and the HKUST Institute for Finance Research Forge Strategic Partnership to Drive RWA Tokenisation

SINGAPORE, Aug. 14, 2025 /PRNewswire/ — Matrixport, the world’s leading all-in-one hub for crypto financial services, has signed a Memorandum of Understanding (MoU) with the Hong Kong University of Science and Technology (HKUST) Institute for Finance Research, marking the beginning of a strategic partnership. The collaboration will focus on cutting-edge research in digital assets and real-world asset (RWA) tokenisation, tackling real-world challenges and promoting the sustainable development of the fintech ecosystems in both Hong Kong and globally.


The partnership will centre its research on XAUm — a physical gold-backed token issued by Matrixdock, Matrixport’s dedicated RWA tokenisation platform. The two institutions will jointly investigate the global adoption and distribution of tokenised gold products, with a focus on user behaviour, market access mechanisms, and channel strategies. By examining the role of gold-based RWA assets in portfolio construction, macroeconomic hedging, and financial system resilience, the research aims to provide academic support and practical insights for innovative integration between digital assets and traditional financial markets.

In parallel, the collaboration will advance research into on-chain RWA data analytics and visualisation. By examining on-chain asset flows, transaction architectures, and decentralised lending behaviours, the study aims to uncover structural dynamics between blockchain-based and traditional financial systems. Leveraging the technological strengths of the HKUST Institute for Financial Research, the collaboration will focus on research into intelligent monitoring systems, optimizing market dynamics tracking models, and innovating risk modeling frameworks, enabling institutional investors to more efficiently grasp the operational patterns of the digital asset market and enhance their risk management strategies.

John Ge, CEO of Matrixport, stated, “RWA tokenisation, as an emerging bridge between traditional finance and Web3, offers a technological solution to two fundamental challenges—asset transparency and liquidity. In the context of Hong Kong’s continued efforts to build a robust, compliant fintech ecosystem, the strategic partnership between Matrixport and HKUST Institute for Finance Research represents more than just a convergence of expertise and technology. It reflects a deeper integration of industry, academia, and research, working in tandem to shape the future of tokenised finance. This collaboration aims to establish a new benchmark for the RWA sector and inject fresh momentum into the ongoing innovation of Hong Kong as a financial hub.”

Bo Tang, Head of HKUST Institute for Financial Research, said, “Asset tokenization is redefining the way traditional financial markets operate. This collaboration will leverage the academic strengths of HKUST Institute for Financial Research and Matrixport’s industry expertise in the digital asset space to explore how blockchain technology can enhance asset liquidity, transparency, and accessibility. Through in-depth collaboration between academia and industry, we aim to produce research outcomes that combine academic rigor with practical guidance, contributing to the development of the RWA market and helping to build a more open and inclusive digital financial ecosystem.”

Matrixport is an early player in the RWA tokenisation space. Through its dedicated platform Matrixdock, it was the first in Asia to launch a tokenised US Treasury product — STBT, and subsequently introduced XAUm, a physical gold-backed token, in late 2024. XAUm has since risen to become one of the top three gold tokens by on-chain adoption globally. As research collaboration with HKUST Institute for Finance Research progresses, XAUm — the foundation of this joint study — is poised to become a benchmark for tokenised gold products and a reference model for the broader tokenisation of precious metals.

About Matrixport

Founded in 2019, Matrixport is the world’s leading all-in-one hub for crypto financial services. The platform is committed to providing every user with a personalized Super Account that integrates crypto trading, investment, loan, custody, RWA, research and more. With $6 billion in AUM (assets under management), Matrixport offers global users diverse crypto-financial solutions designed for optimal capital efficiency and sustainable returns.

As a Group and through its local subsidiaries, Matrixport has received the Trust or Company Service Provider / Money Lender Licenses in Hong Kong, and the FINMA Asset Management License in Switzerland. The company operates as an Appointed Representative in the UK, is registered as an MSB in the US, and is a member of Switzerland’s FINMA SRO-VFQ. Additionally, Matrixport’s subsidiary, Fly Wing, has received the MPI License from MAS in Singapore. It was also recognized by CB Insights as one of the “50 Most Promising Blockchain Companies”, featured in the Hurun “2024 Global Unicorn List” and recognised as a Fintech Unicorn in Singapore in 2025.

Matrixdock is a premier platform under Matrixport Group that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, Matrixdock launched XAUm, a tokenized gold asset fully backed by 99.99% purity gold, providing investors with a trusted and transparent digital asset linked to LBMA-accredited gold.

Matrixport official website: https://www.matrixport.com 

About HKUST  Institute for Finance Research

The institute’s mission is to address critical social and economic issues of our time by combining and leveraging knowledge and resources across different intellectual disciplines and fields, as well as from different schools and universities.

By collaborating with colleagues in finance, economics, and other disciplines, as well as industry practitioners and policymakers in Hong Kong, mainland China, Europe and the US, we aim to create an interdisciplinary, international platform that a) fosters communication and corporation across different stakeholders; b) promotes cutting-edge research that tackles practical issues; c) informs industry practitioners and policymakers for better decision making.

Our proposed research activities and programs will focus on tackling some of the most important challenges and opportunities in Hong Kong today. The institute has four main research themes: a) Technological Innovations; b) Environmental and Social Responsibility; c) Wealth Management; d) Macro-finance and Geo-economics.

Media Contact

Contact Person: Ivy Chen
Email: pr@matrixport.com    
Website: http://www.matrixport.com