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Global IBO Group Ltd. a Unique and Integrated AIGC Animation Streaming Platform Announces Closing of Business Combination with Bukit Jalil Global Acquisition 1 Ltd.

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HONG KONG, May 9, 2025 /PRNewswire/ — Global IBO Group Ltd. (“GIBO”), a unique and integrated AIGC animation streaming platform and Bukit Jalil Global Acquisition 1 Ltd. (“BUJA”) (NASDAQ: BUJA), a publicly-traded special purpose acquisition company, today announced the closing of their previously announced business combination (the “Business Combination”). The combined company will operate under the name GIBO Holdings Limited (the “Company”), and the Class A ordinary shares and warrants of the Company are expected to commence trading on the Nasdaq Stock Market (“Nasdaq”) under the ticker symbols “GIBO” and “GIBOW,” respectively, on May 9, 2025. The business combination was approved by BUJA shareholders in an Extraordinary General Meeting held on March 31, 2025.

The Business Combination marks a significant milestone that strengthens GIBO’s position in AI-driven content creation, anime streaming, and digital media innovation, marking a transformative era in the entertainment industry.

A Game-Changer in AI-Powered Content

“Today marks a significant milestone in our journey to revolutionize the digital media landscape. It is not just a testament to our achievements, but also a springboard for future growth. We are committed to scaling our AI-powered solutions globally, ensuring that creators everywhere can harness the power of AI to bring their visions to life,” said Dereck Lim, Chairman of the Company.

With over 72 million registered users across Southeast Asia and South Asia, GIBO has become a unique and integrated AIGC animation streaming platform. It offers extensive functionalities for viewers and creators, serving a broad community of young people. Its platform provides AI voice synthesis, AI image generation, scriptwriting and storyboarding, and audio-visual synchronization tools, enabling creators to expand creative possibilities, streamline content production, and create localized, engaging content.

The entertainment industry has seen rapid shifts towards AI-enhanced production. The Company aims to lead by offering fully AI-powered content generation, enabling anime and digital media to reach audiences with unprecedented speed and quality.

Zelt Kueh, CEO of the Company, added, “Our successful listing on Nasdaq is a defining moment for AI-driven entertainment. This achievement not only reflects investor confidence but also signals a paradigm shift in content creation. With this milestone, we are poised to accelerate AI-powered innovation and redefine storytelling for the global audience.”

Advisors

A.G.P./Alliance Global Partners is serving as the exclusive financial advisor to BUJA. Robinson & Cole LLP is serving as the legal advisor to BUJA and DLA Piper UK LLP is serving as the legal advisor to GIBO.

About Global IBO Group Ltd.

Global IBO Group Ltd. is a unique and integrated AIGC animation streaming platform with extensive functionalities provided to both viewers and creators that serves a broad community of young people across Asia to create, publish, share and enjoy AI-generated animation video content. With over 72 million registered users and advanced AI-powered tools, GIBO seeks to redefine the landscape of digital content creation. Following its successful Business Combination and Nasdaq listing, the Company aims to lead the industry in AI-driven entertainment innovation.

About Bukit Jalil Global Acquisition 1 Ltd.

Bukit Jalil Global Acquisition 1 Ltd. is a blank check company, formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.

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. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, the Company’s ability to source and retain talent, and the Company’s cash position following closing of the Business Combination, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Contact Information

Investor Relations:
Bill Zima
ICR, Inc.
William.zima@icrinc.com 

Media Relations:
Edmond Lococo
ICR, Inc.
Edmond.Lococo@icrinc.com 

IMTE Announces Receipt of Deficiency Letter from Nasdaq

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NEW YORK, May 9, 2025 /PRNewswire/ — Integrated Media Technology Limited (NASDAQ: IMTE) (“IMTE” or the “Company”), an Australia company that is engaged in the businesses of the trading in Halal products, the manufacture and sale of nano coated plates for filters, and the manufacturing and sale of electronic glass, today announced that it has received notification letter dated May 2, 2025 (the “Deficiency Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the “Nasdaq”) notifying that the Company is no longer in compliance with the Nasdaq Listing Rule 5250(c)(1) for continued listing due to its failure to timely file its annual report on Form 20-F for the year ended December 31, 2024 (the “Annual Report”) with the U.S. Securities and Exchange Commission.

Under the Nasdaq Listing Rule 5810(c)(2)(F)(i), the Company has until July 2, 2025 (that is, 60 calendar days from the date of the Deficiency Letter) to submit to Nasdaq a plan (the “Compliance Plan”) to regain compliance with the Nasdaq Listing Rules. The Company intends to submit the Compliance Plan as soon as practicable.

Under the Nasdaq Listing Rule 5810(c)(2)(F)(ii), if Nasdaq accepts the Compliance Plan, Nasdaq can grant the Company an exception until October 29, 2025 (that is, up to 180 calendar days from the extended due date of the Annual Report) to regain compliance. The Company’s independent registered public accounting firm will require additional time to conduct an audit of the Company’s financial statements for the year ended December 31, 2024. The Company intends to file the Annual Report as soon as practicable.

The Deficiency Letter has no immediate impact on the listing of the Company’s ordinary shares on the Nasdaq Capital Market.

This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.

About Integrated Media Technology Limited (“IMTE”)

IMTE is an Australian company engaged in the businesses of the trading in Halal products, the manufacture and sale of nano coated plates for filters, and the manufacturing and sale of electronic glass. For more information, please visit www.imtechltd.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding IMTE’s expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company’s most recent filings with the SEC. IMTE assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the sections entitled but not limited to, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” in IMTE’s annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE’s periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and at www.imtechltd.com.

VinFast signs new dealer agreements in France and Germany, further expands dealership network in Europe

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PARIS, FRANCE – Media OutReach Newswire – 9 May 2025 – VinFast today announced the signing of a dealership agreement with ASTRADA SIMVA, its first official dealer partner in France, and Schachtschneider Automobile GmbH & Co KG, its second dealer in Germany. This marks a significant milestone in VinFast’s strategy to accelerate its sales model through dealerships globally, while reaffirming the Company’s strong commitment to driving the green transition in Europe.

The VF 6 electric car model has been launched in Europe.
The VF 6 electric car model has been launched in Europe.

As VinFast’s first official authorized dealership in France, ASTRADA SIMVA will operate one VinFast showroom located in Aix-en-Provence. The showroom is expected to be operational starting in June 2025.

Meanwhile, Schachtschneider Automobile GmbH & Co KG will establish three authorized VinFast dealer showrooms. Previously, VinFast successfully signed a cooperation agreement with the dealership Autohaus Hübsch in Germany and opened two showrooms in the market, offering a comprehensive customer experience.

At all VinFast dealer showrooms operated by ASTRADA SIMVA and Schachtschneider Automobile, European consumers will be able to explore, test drive, and purchase the VinFast VF 6 (B-segment) and VinFast VF 8 (D-segment), along with access to genuine after-sales service, warranty, and parts.

Throughout the entire partnership, VinFast is committed to providing maximum support to its authorized dealerships through in-depth personnel training, equipping staff with robust product knowledge and maintenance/repair procedures, ensuring maximum peace of mind for customers.

This collaboration with reputable European dealerships is part of VinFast’s strategy to develop an enhanced global dealership network, and is currently being implemented in Germany and the Netherlands. This strategy aims not only to optimize operational efficiency and increase brand reach but also to rapidly address the growing demands of customers.

Mr. Renzo Schachtschneider, General Manager/Owner of Schachtschneider Automobile, shared: “We are proud to partner with VinFast, standing alongside this Vietnamese brand in driving the global green revolution. With a strong belief in the potential of electric vehicles and VinFast’s prospects in the European market, we are committed to contributing value to achieve mutually beneficial collaboration, delivering leading products and services to consumers.”

Mr. Chris Durand, CEO of ASTRADA SIMVA, added: “We are proud to collaborate with VinFast, an innovative and fast-growing EV brand. Bringing the VF 6 and VF 8 models to Aix-en-Provence presents a great opportunity to diversify our offerings and give our customers exciting new choices. The arrival of stylish, quiet, and emission-free vehicles will enhance life in a region that is celebrated for its harmonious blend of tradition and modernity.”

Ms. Thuy Le, Chairwoman of VinFast, shared: “By partnering with ASTRADA SIMVA and Schachtschneider Automobile GmbH & Co KG, VinFast is taking further steps to transition to a full dealer franchise model in Europe, reaffirming our commitment to this significant market. By capitalizing on their established reputation, inherent capabilities, existing infrastructure, and comprehensive understanding of local markets, we are committed to achieving effective expansion across European markets with a focus on long-term sustainable growth.”

VinFast remains committed to growing its dealer and distributor network across France, Germany, and the Netherlands, and to expanding in other European markets, while simultaneously expanding its range of smart electric vehicles, reinforcing its long-term commitment to European consumers.

Furthermore, to ensure a seamless experience and provide peace of mind for customers, VinFast has partnered with after-sales service providers, leveraging 22 dedicated technical centers across Europe, including 8 in Germany, 12 in France, and 2 in the Netherlands.

Customers can also access a network of authorized service workshops provided by VinFast’s partners, which includes ATU in Germany, Norauto in France, and LKQ in the Netherlands. VinFast has also collaborated with Fixico in these three markets to offer professional body and paint services to customers.

Globally, VinFast has rapidly expanded its global presence in potential markets through a dealership business model including Indonesia, the Philippines, India, and the Middle East. With a diverse product lineup ranging from the mini-SUV VF 3 to the full-size VF 9, VinFast has become the top-selling car brand in Vietnam and surpassed global sales targets in 2024, laying a solid foundation for sustainable long-term growth.

Hashtag: #VinFast

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

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at:

Study Without Studying: LoveStudy AI’s New Podcast Generator Making Learning Effortless, Accessible, and Memorable

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SHERIDAN, Wyo., May 9, 2025 /PRNewswire/ — LoveStudy AI, a pioneer in educational technology, is proud to announce the launch of its innovative AI Podcast Generator, a groundbreaking tool that transforms the way people learn.

Transform Study Materials Into Engaging Audio

In today’s fast-paced world, learning on the go has become essential. LoveStudy AI’s Podcast Generator meets this need by converting study materials like PDFs, TXT, and DOCX files into engaging podcasts with a single click. What sets this tool apart is its interactive dual-dialogue format, creating dynamic conversations between two voices that transform dry, complex materials into vibrant, easy-to-digest content. With support for multiple languages and diverse voice options, the platform ensures global accessibility and a personalized experience.

Advanced AI Technology Enhances Learning and Retention

Powered by sophisticated AI, the generator intelligently analyzes content, extracting key information and transforming dense academic material into conversational dialogues. Studies confirm that this auditory learning approach substantially improves memory retention compared to traditional methods. Students naturally absorb information without the mental fatigue of rote memorization, simply by listening to concepts repeatedly during otherwise idle moments.

‘Our AI Podcast Generator marks a fundamental shift in how students engage with educational content,’ said Jeffrey Jou, CEO of LoveStudy AI. ‘By transforming static, often tedious text into dynamic, entertaining conversations, we’re helping learners worldwide maximize their study time while making the learning process genuinely enjoyable.’

Benefits for Students and Educators

Students can seamlessly incorporate learning into busy schedules by listening to engaging materials during commutes or workouts. Educators find the tool invaluable for accommodating diverse learning styles and boosting engagement.

‘Since discovering LoveStudy AI’s podcast feature, I’ve reclaimed countless fragments of time for learning,’ said Jane Smith, a university student from Boston. ‘After casually listening to concepts during my daily routines, I find I’ve internalized the material without any conscious effort to memorize it.’

The LoveStudy AI’s Podcast Generator is completely free with no registration required. To experience this revolutionary learning tool firsthand, visit https://lovestudy.ai/podcast.

About LoveStudy AI

Founded in 2025 and headquartered in the United States, LoveStudy AI is a cutting-edge edtech company that leverages artificial intelligence to revolutionize learning. With a mission to make education more accessible and effective for all, its comprehensive platform also offers other powerful tools like AI Notes, AI Quiz, and AI Flashcards, empowering students globally to study more efficiently.

Media Contact:

Lisa Brown
PR Manager, LoveStudy AI
Phone: +1 307-533-2034
Email: support@lovestudy.ai

PELOTON and INNOVA Join Forces to Deliver Real-Time Drilling Data Anywhere, Anytime

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Unified drilling data delivered across the well lifecycle, optimizing operations and accelerating real-time decision making.

CALGARY, AB, May 9, 2025 /PRNewswire/ — Peloton, the energy industry’s leading provider of well, production and land data management software, and Innova, the industry’s leading provider of directional drilling software, today announced a strategic partnership that provides live, bi-directional data sharing for the energy sector.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/peloton-computer/9272251-en-peloton-and-innova-join-forces-to-deliver-real-time-drilling-data 

This joint solution drives automation and provides a single source of truth for survey, BHA, and well-planning data, empowering operators and service companies to make faster, higher-confidence decisions—without sacrificing production targets or HSE standards.

Why Peloton Innova for real-time drilling?

  • Secure Access via Peloton’s Platform – Analyze real-time drilling data in a dedicated, always-connected app—out of the box, effortless deployment.
  • Definitive Survey Data in Real Time – Corrected inclination and azimuth measurements feed directly from the rig as drilling progresses.
  • Bi-Directional BHA & Well-Plan Sync – Seamless automation of BHA configurations and planned trajectories for consistent planning and execution.
  • NPT & Time-Log Integration – Capture live drilling NPT events and root-cause analysis, driving performance excellence.
  • Unified Naming & Header Data – Standardized operator conventions across vendors to maintain data integrity and automation.

“Real-time drilling analytics drive success. With Peloton Innova, we automate the delivery of live, validated data that can be trusted. Business teams can now focus on execution, not data entry,” said Michael Kuhn, President, Peloton.

“By delivering our real-time drilling solution directly into Peloton’s Platform, we’re closing the loop between rig and office in a way custom integrations never could,” noted Bruce Ripley, Chief Operating Officer, Innova.

By delivering a unified, real-time view of drilling operations, the Peloton Innova solution redefines how the industry collaborates, plans, and executes business directives. As operators face increasing pressure to deliver optimal wells with reduced resources and increased efficiency, this real-time drilling solution sets the global standard for performance and success. For more information, visit https://www.peloton.com/peloton-innova-partnership.

About Peloton

Peloton is a leading provider of innovative technology solutions for the energy industry, offering solutions to optimize operations and enhance productivity. With a focus on security, mobility, integration, automation, and real-time monitoring, Peloton powers energy clients to thrive in an ever-evolving landscape.

About Innova

Innova is a leading provider of advanced software solutions for the drilling industry, delivering an integrated platform engineered to optimize the drilling process – from planning through to execution and post-well analysis. The Innova platform combines real-time data acquisition, directional guidance, workflow automation, and analytics into a unified system, enabling drilling teams to maximize efficiency, reduce risk, and enhance decision-making across the drilling lifecycle.

 

THE ULTIMATE K-BEAUTY LIFTING CREAM FOR MOTHER’S DAY: DISCOVER THE POWER OF BIOHEAL BOH

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Shop now on Amazon and Olive Young Global —limited-time offers through May

SEOUL, South Korea , May 9, 2025 /PRNewswire/ — This Mother’s Day, treat your loved ones or yourself to the gift of radiant, youthful skin with BIOHEAL BOH’s signature Probioderm 3D Lifting collection.

Created by CJ Olive Young, Korea’s No.1 beauty and health retailer, this bestselling anti-aging line featuring the hero 3D Lifting Cream and the innovative 3D Lifting Cream Mist is now available at unbeatable discounts on Amazon U.S. and the Olive Young Global app/website.

– Amazon(U.S. Only): Enjoy up to 40% off from May 7 to May 13 (PST)

– Olive Young Global(international shipping): Enjoy up to 50% off from May 1 to May 15 (KST)

Developed with a focus on strengthening the skin barrier and enhancing elasticity through a potent blend of probiotics and peptides, the Probioderm collection offers visible results.

BIOHEAL BOH’s signature Probioderm 3D Lifting Collection, known for its firming and skin-barrier strengthening benefits.
BIOHEAL BOH’s signature Probioderm 3D Lifting Collection, known for its firming and skin-barrier strengthening benefits.

Featured Products:

BIOHEAL BOH Probioderm 3D Lifting Cream 1.7 fl oz

This rich cream absorbs quickly into dry skin, delivering intensive nourishment overnight while visibly firming the skin.

–          Infused with 17 types of peptides to improve skin elasticity
–          Designed for both face and neck use
–          May experience noticeable lifting results within two weeks
–          Loved by beauty fans for its firming, “purple-lifting” effect (no injections needed!)
–          Available at: Amazon and Olive Young Global

BIOHEAL BOH Probioderm 3D Lifting Cream Mist 3.38 fl oz

An innovative mist that transforms from cream to spray for easy, on-the-go lifting care.

–          Delivers long-lasting hydration and glow
–          Perfect for hydration boosts anytime, anywhere
–          Available at: Amazon and Olive Young Global

BIOHEAL BOH Probioderm 3D Lifting Full Face Tension Gel Mask

A hydrogel sheet mask designed to deliver an instant lifting effect, focusing on the jawline and forehead.

–          PDRN helps revitalize the skin and improve the appearance of fine lines
–          20 types of peptides boost skin firmness and elasticity
–          Available at: Amazon and Olive Young Global

BIOHEAL BOH Probioderm 3D Lifting Ampoule 1.01 fl oz

A lightweight yet powerful ampoule formulated for daily use on all skin types.

–          Features 17 types of peptides for enhanced skin resilience and elasticity
–          Comfortable wear throughout the day
–          Available at: Amazon and Olive Young Global

This Mother’s Day, experience the transformative power of K-beauty innovation with Olive Young’s most beloved anti-aging skincare and share the gift of glow with those who deserve it most.

About CJ Olive Young

CJ Olive Young, established in 1999, is South Korea’s leading beauty and health retailer. Our brand name, “Olive Young,” embodies the philosophy of “All Live Young,” reflecting our vision for everyone to live a healthy and beautiful life at all times. Through its flagship store, “Olive Young,” it offers trendy and radiant K-beauty products to customers worldwide. With over 1,370 stores, more than 20 years of expertise, data-driven insights, and strong partnerships, Olive Young curates a distinguished selection of K-beauty and wellness products. As a subsidiary of CJ Group, a global lifestyle company, CJ Olive Young continues to lead the industry by delivering the value of healthy beauty to customers worldwide. For more information, visit global.oliveyoung.com.

EZCast Debuts Next-Generation Wireless Display for Broader Applications at Computex 2025

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TAIPEI, May 9, 2025 /PRNewswire/ — EZCast, the world-leading innovator and manufacturer of wireless display technologies, returns to COMPUTEX 2025 with its newest lineup of products, showcasing advancements that set new standards for wireless connectivity, collaboration, and content creation.

EZCast debuts at Computex 2025 with a range of innovative wireless display solutions.
EZCast debuts at Computex 2025 with a range of innovative wireless display solutions.

Break Barriers with the New 1 to 4 Display Solution

The new EZCast Omni Tetra is designed for high-performance wireless display across up to four screens, supporting an extended transmission range of up to 300 meters. It features a dual-antenna 2T2R configuration, allowing the transmitter to deliver optimized signals to dedicated 2T2R-equipped receivers through two independent channels. This setup ensures stable and smooth transmission, even through physical barriers. Powered by EZCast’s exclusive smart channel hopping technology, it dynamically avoids interference to maintain reliable connectivity, making it an ideal solution for multi-display environments, live demonstrations, and professional presentations where stability is essential.

Wireless Camera Monitoring for Creative Production

EZCast CamCast is designed to expand the wireless display capabilities of cameras, offering a flexible solution for content creators and small production teams. It supports real-time monitoring on up to four screens simultaneously, allowing users to view footage remotely without the constraints of cables. This wireless freedom makes on-set collaboration more efficient and mobile, streamlining workflows for video shoots as well as self-media content monitoring.

Work Smarter with Real-Time Wireless Touch-back Control

In response to the growing needs of digital collaboration, the new Office Link is designed to make co-working smarter and more efficient. In addition to wireless screen sharing, Office Link now supports touch-back control functionality, allowing users to interact with the source device directly from the receiving screen using a touchscreen, keyboard, or mouse. This feature enables users to control and operate the presenter’s device remotely, making meetings more interactive and seamless, while eliminating the need to walk back and forth during discussions or presentations.

Visit EZCast at COMPUTEX 2025

See the future of wireless display in action at Booth Q1323, COMPUTEX 2025. Join us for live demos and claim your exclusive free sample — available in limited quantity, only during the show.

To book a visit with EZCast at Computex 2025, please register at: https://www.ezcast.com/exhibition

About EZCast

EZCast is a global innovator in wireless display technology, offering a wide range of display accessories, Wi-Fi dongles, and presentation systems. All products are quality-tested for reliable performance and user convenience. EZCast also provides OEM and ODM services for tailored business solutions,helping partners bring custom wireless display products to market efficiently and with high quality.

For more information, please visit: https://www.ezcast.com/

MEXC Lists USD1, Accelerating Global Stablecoin Innovation with World Liberty Financial

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VICTORIA, Seychelles, May 8, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announced that it will list World Liberty Financial USD (USD1) in the Innovation Zone on May 9, 2025 (UTC). The USD1/USDT trading pair will also open at 08:00 on May 8, 2025 (UTC), and the MEXC Convert feature will be available from 09:00 on May 8, 2025 (UTC), offering users a seamless asset conversion experience. This listing expands the range of digital assets on the platform and further demonstrates MEXC’s commitment to advancing the global stablecoin ecosystem.

MEXC Lists USD1, Accelerating Global Stablecoin Innovation with World Liberty Financial
MEXC Lists USD1, Accelerating Global Stablecoin Innovation with World Liberty Financial

USD1: A New Era in Stablecoins and Financial Transparency

USD1 is World Liberty Financial (WLFI)’s stablecoin that provides secure and transparent digital asset services for global users. The stablecoin is backed 1:1 by the US dollar, with its reserve assets custodied by BitGo, held and subject to regular audits by third-party accounting firms to ensure transparency and stability. Currently, USD1 is deployed on both Ethereum and BNB Chain, with plans to expand to additional blockchains in the future to enhance interoperability.

Furthermore, USD1 has made significant strides in the decentralized finance (DeFi) ecosystem. For example, ListaDAO has launched a USD1 lending vault on BNB Chain, providing liquidity support for 20 million USD1. Renowned market maker DWF Labs has also deployed USD1 liquidity across multiple platforms, further enhancing its availability and market depth. According to the data from CoinMarketCap, USD1’s market capitalization has surpassed USD 2.12 billion, demonstrating strong market demand.

Special Promotion to Celebrate the Listing

To celebrate the successful listing of USD1, MEXC is launching a series of special offers to thank its users for their support. Starting May 8, 2025, at 08:00 (UTC), users can enjoy the following benefits:

  • Zero Trading Fees: The USD1/USDT spot trading pair will have 0 trading fees.
  • Zero Withdrawal Fees: Users will enjoy 0 withdrawal fees when withdrawing USD1.

MEXC Drives the Evolution of Stablecoins Through Ecosystem Empowerment

As a leading global cryptocurrency exchange, MEXC has earned the trust of 36 million users across 170+ countries worldwide, thanks to its fast token listing process, diverse asset offerings, deep liquidity, and robust security. At the same time, MEXC continues to empower quality projects and partners, actively promoting the healthy development of the global digital asset and stablecoin ecosystem.

Looking Ahead: A Shared Vision for the Future of Stablecoins

MEXC’s listing partnership with World Liberty Financial further drives innovation in the development of stablecoins. Looking ahead, MEXC will continue to strengthen its support for stablecoin projects, promoting the widespread adoption of stablecoins globally. At the same time, the platform will keep iterating its products and services to provide users with a more secure and seamless trading experience.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

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