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MicroCloud Hologram Inc. announces optimization of stacked sparse autoencoders through DeepSeek model

SHENZHEN, China, Feb. 14, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), a technology service provider, they Announced the deep optimization of stacked sparse autoencoders through the DeepSeek open-source model, injecting new vitality into anomaly detection technology and providing an efficient solution.

Data quality is crucial for model performance, so the behavioral data collected in the data preprocessing stage typically contains multiple features with different dimensions and numerical ranges. In order to eliminate the dimensional influence between different features and improve the effectiveness of model training, HOLO uses normalization processing method.

Normalization is a common data preprocessing technique that scales the data to a specific range, typically between 0 and 1 or -1 and 1. By doing so, data from different features can be compared and analyzed on the same scale, avoiding the situation where certain features dominate model training due to their large value ranges. In HOLO’s detection project, normalization not only improved the efficiency of model training but also laid a solid foundation for subsequent feature extraction. The data processed through normalization is more aligned with the input requirements of deep learning models, enable the model to learn intrinsic patterns more accurately.

After the data preprocessing is completed, the next step is to input the processed data into the stacked sparse autoencoder model. The stacked sparse autoencoder is a powerful deep learning architecture composed of multiple autoencoder layers, with each layer responsible for extracting features at different levels. HOLO utilizes the DeepSeek model to dynamically adjust the strength and manner of the sparsity constraint, ensuring that the features learned by each layer of the autoencoder are sparse and representative. By appropriately setting the sparsity constraint, the model can better capture key information in the data and reduce redundant features. An autoencoder is an unsupervised learning model designed to encode input data into a lower-dimensional feature representation through the encoder, and then reconstruct the original input data as accurately as possible through the decoder. Between the encoder and decoder, the autoencoder learns the feature representation of the data through a hidden layer.

HOLO has innovated and optimized the stacked sparse autoencoder by utilizing the DeepSeek model. This technique employs a greedy, layer-wise training approach, optimizing the parameters of each autoencoder layer step by step. The core of this layered training strategy is to first train the lower layers of the autoencoder to learn the basic features of the input data, then use the output of the lower-layer autoencoder as the input for the next layer, continuing training and progressively extracting deeper features. In this way, the model is able to gradually capture the complex relationships within the data, enhancing its expressive power. Each layer of the autoencoder is constrained by sparsity, ensuring that the learned features are sparse, meaning that only a few neurons are activated, allowing the model to learn more compact and effective feature representations.

HOLO’s stacked sparse autoencoder, trained with the DeepSeek model, adds noise to the input data and requires the model to reconstruct the original input despite the noise interference. This denoising training approach encourages the model to learn more robust feature representations, enabling it to perform accurate anomaly detection even when faced with noisy data in real-world scenarios, thus improving the model’s robustness. Specifically, during training, random noise is added to the input data, and the model is tasked with reconstructing the original input. This process forces the model to learn more resilient feature representations, ensuring high accuracy even in the presence of various types of noise in real-world conditions.

In addition to denoising, HOLO also applies Dropout during the training process. Dropout is a commonly used regularization technique primarily aimed at reducing model overfitting. In deep learning models, overfitting refers to the phenomenon where a model performs well on training data but poorly on unseen samples. To avoid this, HOLO randomly drops a subset of neurons during the training of the stacked sparse autoencoder. In each training iteration, the model randomly selects a portion of neurons and sets their outputs to zero. The benefit of this approach is that the model cannot rely on any specific neuron to learn the features of the data, but must instead learn more general and robust feature representations.

In addition, the DeepSeek model utilizes a distributed computing framework, which allocates training tasks across multiple computational nodes for parallel execution. This significantly shortens training time and improves training efficiency. Using the DeepSeek model, pretraining can first be conducted on the stacked sparse autoencoder to learn general feature representations. This pretraining + fine-tuning strategy can greatly accelerate model convergence and improve performance. By introducing the DeepSeek model, HOLO has injected new vitality into optimizing stacked sparse autoencoders. The DeepSeek model provides comprehensive support in areas such as architecture design, training, strategic feature learning, and generalization ability.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s holographic technology services include high-precision holographic light detection and ranging (“LiDAR”) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

 

IASO Bio Announces Acceptance of New Drug Application for Equecabtagene Autoleucel (FUCASO) by the Hong Kong Department of Health

SHANGHAI and NANJING, China and SAN JOSE, Calif., Feb. 14, 2025 /PRNewswire/ — IASO Biotherapeutics (“IASO Bio”), a biopharmaceutical company focused on the discovery, development, manufacturing, and commercialization of innovative cell therapies and biologics, today announced that the Hong Kong Department of Health (DOH) has officially accepted the New Drug Application (NDA) for Equecabtagene Autoleucel. This treatment is indicated for patients with relapsed and/or refractory multiple myeloma (R/R MM) who have received three or more prior lines of therapies. 

Equecabtagene Autoleucel (trade name: FUCASO) was approved by China’s National Medical Products Administration (NMPA) on June 30, 2023, for treating adult patients with relapsed or refractory multiple myeloma (R/RMM) who have received three or more lines of prior therapies, including at least one proteasome inhibitor and an immunomodulatory agent. As the world’s first commercialized fully human CAR-T product, FUCASO has gained recognition from healthcare professionals and patients in China for its remarkable efficacy and safety since its launch. Furthermore, it has also attracted patients from over ten regions/countries to China to receive this innovative therapy.

Ms. Jinhua Zhang, Founder, Chairwoman, and CEO of IASO Bio, stated:

“We are delighted that the New Drug Application for Equecabtagene Autoleucel has been officially accepted by the Hong Kong Department of Health. Hong Kong occupies a ‘frontline position’ for biopharmaceutical companies in mainland China to expand into global markets, making it a key step in IASO Bio’s journey to ‘go global.’ Thanks to the latest ‘1+’ Mechanism introduced by the Hong Kong Department of Health, we swiftly submitted the NDA. This not only demonstrated our regulatory team’s in-depth understanding of and swift response to drug regulatory policies in different regions and countries, but also marks our first successful practice in adopting a flexible and localized registration strategy. We will actively collaborate with the DOH throughout the regulatory process and strive to expedite the launch of this CAR-T therapy in Hong Kong.

Fully believing in the outstanding clinical value of Equecabtagene Autoleucel, we have also submitted NDAs in other regions and countries. We remain committed to accelerating access to advanced CAR-T therapies for patients around the world.”

About Multiple MyelomaMM)

Multiple myeloma (MM) is the second most common hematological malignancy globally. According to Globocan data, the global incidence of multiple myeloma in 2022 was 1.8 per 100,000 people, with a 5-year prevalence of 6.8 per 100,000. Despite progress in current anti-myeloma treatments, MM remains largely incurable with multiple relapses and tendency to develop refractoriness to several drug classes, presenting a major therapeutic challenge. Thus, there is an unmet need for new treatment options beyond these current anti-myeloma therapies for the treatment of relapsed or refractory MM, capable of achieving deep and durable responses.

About Equecabtagene AutoleucelFUCASO

FUCASO (Equecabtagene Autoleucel) is an innovative fully human anti-BCMA CAR-T cell therapy which uses lentivirus as a gene vector to transfect autologous T cells. The CAR contains a fully human scFv, CD8a hinge and transmembrane, and 4-1BB co-stimulatory and CD3ζ activation domains. Based on rigorous molecular structure screening and comprehensive in vitro and in vivo functional evaluations, FUCASO demonstrates rapid and potent efficacy, accompanied by exceptional long-term persistence in vivo, enabling patients to achieve higher and deeper responses, providing continuous protection and care for patients with multiple myeloma.

About IASO Bio

IASO Bio Founded in 2017, IASO Bio is a leading biopharmaceutical company specializing in the discovery, development, manufacturing, and commercialization of cutting-edge cell therapies and biologics. Initially focused on treatments for blood cancers, the company has strategically expanded into autoimmune diseases.

IASO Bio boasts a robust drug development platform, encompassing early discovery to clinical trials, regulatory approval, and commercialization. The company is advancing a diverse pipeline of over 10 innovative products. Notably, Equecabtagene Autoleucel (FUCASO), the world’s first fully human CAR-T therapy developed by IASO Bio was approved by Chinese National Medical Products Administration (NMPA) in June 2023 for the treatment of relapsed and/or refractory multiple myeloma (R/R MM) who received ≥3 lines of prior therapies containing at least one proteasome inhibitor and an immunomodulatory agent. relapsed/refractory multiple myeloma (R/RMM) in patients at the fourth line and beyond. This product is also in Phase III clinical trials for second and third-line multiple myeloma (MM) and has received Investigational New Drug (IND) approvals in both China and US for autoimmune diseases. Meanwhile, the dual-target (CD19/CD22) product, CT120, for lymphoma is entering Phase II clinical trials. Additionally, RD118, another product targeting GPRC5D for the treatment of R/R MM, has received IND approval in China.

In addition to CAR-T therapies, IASO Bio is advancing IASO-782, a fully human anti-CD19 monoclonal antibody. This product has secured IND approvals in China and USA for several autoimmune diseases, with plans to explore additional autoimmune indications.

IASO Bio has established multiple global collaborations and licensing agreements with leading cell therapy companies, such as Sana Therapeutics, Cabaletta Bio, and Umoja Biopharma, underscoring its superior technology platform and commitment to next-generation cell therapies.

With a strong management team, a robust pipeline, high-standard manufacturing and advanced clinical development capabilities, the company is well-positioned to drive innovation. It remains committed to accelerating the development of transformative therapies that address unmet medical needs for patients worldwide. For more information, please visit http://www.iasobio.com or www.linkedin.com/company/iasobiotherapeutics. 

Inaugural Longines Hong Kong International Horse Show Unveiled: AsiaWorld-Expo Transforms into a Five-Star Equestrian Paradise, Delivering an Extraordinary Spectacle

HONG KONG, Feb. 14, 2025 /PRNewswire/ — For the first time, the prestigious five-star international equestrian event with over 50 years of history in London has chosen Hong Kong as its venue, heralding the fruitful Year of the Snake. The inaugural Longines Hong Kong International Horse Show (HKIHS) grandly opened tonight (14th) at AsiaWorld-Expo (AWE). This three-day event promises to be a celebration for all, featuring competition from outstanding international horses and riders, thrilling equestrian displays, national showjumping competitions and dressage displays, alongside an engaging lineup of lifestyle entertainment. The AWE’s professional F&B team will provide exquisite fine dining, creating an excellent platform for guests to network and indulge a sensory feast. Over 25,000 attendees from Hong Kong and around the globe are expected, contributing to local economic activities and enhancing Hong Kong’s status as a hub for mega events.

The inaugural Longines Hong Kong International Horse Show opened at AWE.
The inaugural Longines Hong Kong International Horse Show opened at AWE.

The organiser invited 30 outstanding international riders to participate in the event, with a total of 70 international horses flown into Hong Kong for performances and races. The first night’s programme was packed with excitement, featuring The Longines Welcome Stakes, The Shetland Pony Grand National and The Hong Kong High Bar. The competitions captivated the audience, with local riders receiving enthusiastic cheers as they entered the arena, creating a lively and exhilarating atmosphere. Additionally, Santi Serra’s artistic display showcased the incredible strength and harmony between horse and human, mesmerizing the crowd.

At Lifestyle Village, there are over 50 brands that span across equestrian, fashion and beauty, culinary, travel and leisure and much more. The Kid’s Zone offers an opportunity for budding equestrian enthusiasts to test their skills at hobby horse riding. Visitors can take a seat, relax and enjoy the epicurean delights and culinary expertise of renowned local chefs at Chef’s Theatre.

Taking on Challenges: Drastic Transformation in 10 Days

The exhibition halls at AWE are all column-free with high ceilings, allowing for flexible configurations suitable for a wide range of events. The expansive 300,000 square feet of hall space has been seamlessly transformed into stables, competition arenas, warm-up areas, VIP hospitality suites, spectator seating, and lifestyle exhibition zones.

Notably, the competition and warm-up rings feature 800 tons of sand, which required 32 large containers for storage when imported from the UK. This sand is mixed with fibres and special materials, then moistened to achieve the perfect texture for equestrian activities. Additionally, the jumping fences in this event incorporate local elements, such as decorations resembling Hong Kong taxis, the Clock Tower in Tsim Sha Tsui, dragon boats, and Dim Sum, providing a sense of home for the audience.

Each horse participating in this world-class competition has an average value of HKD 30 million, and they arrived at AWE 5 days prior to the event to prepare. The venue has created individual stables for each horse, complete with designated showering areas and isolation zones to ensure their cleanliness and health. To guarantee the horses’ comfort, the stables are maintained at a constant temperature of 16 degrees Celsius. Each horse is cared for by accompanying veterinarians, while trainers bring them to the warm-up area daily to acclimatise to their surroundings. Some trainers even bring their horses’ favourite toys to ease their nerves, ensuring they are in peak condition for the competitions.

To provide VIPs and spectators with an unparalleled equestrian experience, AWE has specially addressed the ventilation and drainage systems before the event. Activated carbon filters have been added to the air conditioning system to eliminate odours, and UV sterilisation has been installed in the air handling units. Additionally, measures to enhance air purification ensure optimal airflow while minimising the circulation of smells and preventing unpleasant odors from spreading to other exhibition areas.  Furthermore, the operation staff regularly sprays water and incorporates special materials in the sand rings to reduce dust, ensuring that VIP guests enjoying refreshments remain undisturbed.

Inviting Youth to Experience the Horse Show: A Hands-On Exploration of International Events

Beyond its MICE business, AWE is also dedicated to promoting youth development, aiming to provide more young people with opportunities to participate in large-scale events, broadening their horizons and creating unforgettable memories. With the HKIHS making its debut, the venue proactively reached out to the Tuen Mun District Office and local universities, inviting a group of teenagers to attend the opening night’s equestrian performances. This initiative deepens their understanding of equestrian sports and offers them insight into the scale and logistics required for international mega events, presenting a valuable hands-on learning opportunity.

Additionally, coinciding with Valentine’s Day, “AWE Bear”, the mascot for AWE’s 20th anniversary, made a surprise appearance before the show began. The mascot distributed roses and engaged with visitors, allowing them to capture joyful moments within the venue.

Tomorrow (15th), during the HKIHS, AWE will utilise all of its ten exhibition halls. Concurrently, a large conference will engage thousands of attendees, alongside a concert featuring local singers with over ten thousand participants. Visitors from the business, entertainment, and sports sectors will flow in throughout the day, showcasing the vibrant mega event economy and reaffirming AWE’s capacity.

Irene Chan, CEO of AsiaWorld-Expo, stated “We are thrilled to witness this internationally renowned equestrian event making its debut in Hong Kong. The preparation work by our team began several years ago, which included actively promoting Hong Kong’s business opportunities, as well as participating in equestrian events in London to gain valuable experience. The team even arranged a special visit with the organiser to the neighbouring cities in the Greater Bay Area, allowing them to experience the efficient transport connections between cities and understand the vast market opportunities within the region. We will continue to explore more diverse events to drive local tourism and related industries.”

Download hi-res photos: www2.asiaworld-expo.com/2025/PressRelease/HKIHS.zip

LONGi Signed another 100MW of Hi-MO X10 Agreement with Energy 3000

XI’AN, China, Feb. 14, 2025 /PRNewswire/ — On February 11, Energy 3000 Solar GmbH (hereinafter referred to as “Energy 3000”), a European distributor of PV products, officially signed a strategic cooperation agreement with LONGi Green Energy Technology Co., Ltd. (hereinafter referred to as “LONGi”) at LONGi’s Xi’an headquarters.

LONGi signed another 100MW of Hi-MO X10
LONGi signed another 100MW of Hi-MO X10

 

LONGi signed another 100MW of Hi-MO X10
LONGi signed another 100MW of Hi-MO X10

Michael Bairhuber, Vice President of Energy 3000, Guo Wenqi, Director of Supply Chain of Energy 3000, Zhong Baoshen, Chairman of LONGi, Jiang Dongyu, President of Distributed Generation Business Group of LONGi, and Li Xiaopeng, General Manager of Western Europe Representative Office of European Business Center, LONGi, attended the signing ceremony. Michael Bairhuber and Jiang Dongyu signed the agreement on behalf of both parties.

The agreement marks an important milestone for LONGi and Energy 3000 to further strengthen their partnership. According to the agreement, LONGi will continue to supply 100MW of Hi-MO X10 modules to Energy 3000 after the previous 1.5GW framework. The two parties will pay more strengths to promote more applications of high-value HPBC2.0 products in the European market.

Founded in 2007, Energy 3000 is a leading provider of energy solutions and services in the field of PV and energy storage in Europe. Committed to technology R&D and project development in the field of renewable energy, Energy 3000’s business covering project design and planning, distributed power stations for residential and C&I enterprises, and solutions of large-scale power station projects.

As the world’s leading green energy technology company, LONGi’s high-performance and reliable module products, as well as its professional and meticulous local service capabilities, have won the trust and recognition of Energy 3000.

The Hi-MO X10 module supplied by LONGi which based on HPBC 2.0 cell technology and high-quality TaiRay wafers, achieving a comprehensive leadership in power generation performance, reliability, customer revenue and aesthetics.

The maximum mass production power of Hi-MO X10 modules is 670W, which is more than 30W higher than TOPCon modules in the same area, and the efficiency of mass-produced modules can reach up to 24.8%, which fully unleashing the power generation potential of the limited installation area, bringing customers higher installation capacity and more power generation output, and greatly improving power generation revenue.

At the same time, LONGi provides customers with quality assurance and reliable services throughout the product life cycle to protect customers’ long-term value gains.

About LONGi

Founded in 2000, LONGi is committed to being the world’s leading solar technology company, focusing on customer-driven value creation for full scenario energy transformation.

Under its mission of ‘making the best of solar energy to build a green world’, LONGi has dedicated itself to technology innovation and established several business sectors, covering mono silicon wafers, cells and modules, commercial & industrial distributed solar solutions, green energy solutions and hydrogen equipment. The company has honed its capabilities to provide green energy and has, more recently, also embraced green hydrogen products and solutions to support global zero carbon development. www.longi.com

Huma Finance and Solana Foundation to Host the First PayFi Summit of 2025, Advancing Payment Innovation

HONG KONG, Feb. 14, 2025 /PRNewswire/ — The second PayFi Summit, hosted by Huma Finance and the Solana Foundation, will take place at Consensus Hong Kong 2025. This industry event brings together leading innovators, builders, and investors to explore and accelerate the evolution of global payment financing. The summit will be held at the Renaissance Hong Kong Harbour View Hotel on Monday, February 17 from 12-6pm GMT+8.

Building on the success of the inaugural 2024 PayFi Summit at Token2049 in Singapore, which set the stage for critical conversations around the future of payment financing, the 2025 edition will continue growing momentum and bringing new energy to the PayFi space, highlighting top projects and sharing insights from industry leaders.

As highlighted in Messari’s recent and first-ever PayFi report, the PayFi sector is rapidly growing into a key driver of Web3 utility in 2025. The report underscores how PayFi is emerging as a transformative force in global finance, set to disrupt markets including the $16 trillion global credit card transaction sector and the $89 trillion trade finance industry. Additionally, with $4 trillion locked in pre-funded liquidity for remittances, PayFi solutions offer scalable alternatives to outdated financial models.

The PayFi Summit 2025 will address these industry shifts and showcase how blockchain-powered financial solutions are solving inefficiencies in payments, liquidity access, and global finance, while enabling innovative use cases that extend beyond traditional finance. Keynote speakers at the Hong Kong PayFi Summit include Lily Liu, President of the Solana Foundation, Nick Van Eck, CEO of Agora, Darren Guo, co-founder of Reap, and Tom Zhu, Head of Digital Assets at China Asset Management. Past speakers have included Richard Liu, co-founder of Huma Finance, and Spencer Spinnell, Head of Americas at Circle, and Thomas Zhu, Head of Digital Assets at China Asset Management.

“Since the inaugural PayFi Summit at Token2049, we’ve seen incredible momentum in the space, with PayFi now recognized as a major force in blockchain and finance,” said Richard Liu, Co-founder of Huma. “This summit will set the stage for the next breakthroughs, showcasing real-world applications that push the boundaries of what’s possible.”

The PayFi Summit 2025 is supported by industry sponsors Stellar, Agora, Interlace, Up Network, and DePHY. The event will include keynote presentations offering insights from industry leaders, showcases of emerging PayFi innovations, and discussions on advancements in global payment financing. With the rise of tokenized assets and next-generation payment infrastructures, the PayFi Summit will serve as a platform to discuss critical industry challenges and opportunities.

The Summit will take place on February 17, 2025, at Consensus 2025 in Hong Kong. Registration is now open at https://lu.ma/10xsqb5z.

Confirmed speakers:

  1. Cameron Gruss – Co-founder, DePHY
  2. Adam Jin – Contributor, Perena
  3. Jaou Toure – Head of Business and Operations, Huma Finance
  4. Michael Wu – CEO, Interlace
  5. Veronica – CEO & Co-founder, SafePal
  6. Nathan – Co-founder, Vishwa
  7. Tom Zhu – Head of Digital Assets, China Asset Management
  8. Richard Liu – Co-founder, Huma Finance
  9. Lily Liu – President, Solana Foundation
  10. Yu Liu (Rita) – CEO, RD Technologies
  11. Raagulan Pathy – Co-founder, KAST
  12. Lu Yin – APAC Lead, Solana Foundation
  13. Nick Van Eck – CEO, Agora
  14. Erbil Karaman – Co-founder, Huma Finance
  15. Daren Guo – Co-founder, Reap
  16. Jeff Zhang – Founder, UPNetwork
  17. Ada Vaughan – Senior Director, DeFi Partnerships, Stellar Development Foundation

Lunch and tea will be available at the summit

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 14th + KARMAN POPS DOUBLE DIGIT IPO

NEW YORK, Feb. 14, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 14th + KARMAN POPS DOUBLE DIGIT IPO

Kristen Scholer delivers the pre-market update on February 14th

  • Karman Holdings (NYSE: KRMN) sees stock jump in NYSE debut
  • Stocks gain as President Trump holds off on new tariffs Thursday
  • Nvidia rose and inflation worries eased after data release

Watch NYSE TV Live every weekday 9:00-10:00am ET 

 

Binance Survey Reveals Most Crypto Investors Take a Long-Term Approach to Both Money and Love

New data challenges the stereotype of high-risk crypto traders and explores how they make decisions, navigate trade-offs, and view financial compatibility in relationships

DUBAI, UAE, Feb. 14, 2025 /PRNewswire/ — A new survey from Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and users, suggests that most crypto investors take a long-term approach to both investing and romantic relationships. Nearly half of the respondents (49%) consider themselves “Forever HODLers,” meaning they invest in both money and love for the long haul. This and other insights were uncovered through a global survey conducted by Binance on the eve of Valentine’s Day, which polled 2,200 crypto users on how they navigate financial decisions and romantic commitments.

Binance Survey Reveals Most Crypto Investors Take a Long-Term Approach to Both Money and Love
Binance Survey Reveals Most Crypto Investors Take a Long-Term Approach to Both Money and Love

However, many take a different approach, blending long-term thinking in one area with flexibility in the other or staying adaptable in both:

  • 19% embrace the “Trader & Romantic” mindset, taking high risks in crypto but opting for stability in love.
  • 17% follow the “Investor & Free Spirit” approach, playing the long game in finance while keeping relationships flexible.
  • 14% fall into the “Risk Chaser” category, keeping their options open in both investing and love.

“These findings challenge the common perception of crypto investors as impulsive risk-takers. In reality, most apply the same careful, long-term approach to both their portfolios and their personal lives. Just as building a strong financial future requires patience and strategic planning, so too does cultivating lasting relationships,” said Andy Goldin, Head of Data Analytics at Binance. “There’s no single formula for success – some prioritize stability in both areas, while others embrace risk in one and caution in the other. Ultimately, it’s about finding the right strategy that works for them.”

Beyond commitment styles, the survey sheds light on how crypto investors make decisions and balance priorities in both finance and relationships. One in three (34%) apply strategy and logic to both love and money, while the rest are divided between trusting emotions in both or mixing risk-taking in one area with stability in the other.

When it comes to priorities, crypto and relationships both demand trade-offs. While a third (32%) continue investing in crypto without making lifestyle sacrifices, 42% adjust their spending – whether by delaying big purchases like a home or car, cutting back on shopping, or reducing travel expenses – to prioritize their financial goals. Similarly, relationships come with their own compromises. While 29% say they don’t put anything on hold for love, others (58%) prioritize love by dedicating more time to their partners, scaling back social outings, or even adjusting financial habits to accommodate their relationships.

Financial compatibility also plays a crucial role in romance, with 59% of respondents emphasizing that shared financial values are key to building long-term relationships. “As crypto becomes an increasingly integral part of everyday life, more people are eager to learn about digital assets. Last year alone, 44 million users visited Binance Academy to expand their crypto knowledge,” said Goldin. “These new survey findings suggest that as financial literacy in crypto grows, it may also contribute to stronger financial alignment in relationships, helping couples navigate money matters with greater confidence and shared understanding.”

Binance Academy  offers a wide range of free online courses and resources to help anyone, from beginners to experienced investors, expand their crypto knowledge.

About the survey 

The survey was conducted from February 6th to 10th, 2025 on the Binance Survey platform, and was open to both Binance users and non-users. A total of 2,200 participants from around the world took part in the study.

About Binance 

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 250 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

Triller Joins Forces with Baron Davis’ BIG and Influencer Platform REACH for NBA All-Star Weekend

The media powerhouse is taking over NBA All-Star weekend with exclusive content and star-studded experiences, showcasing a new era for digital entertainment

LOS ANGELES, Feb. 14, 2025 /PRNewswire/ — Triller is making a powerful comeback by teaming up with NBA All-Star Baron Davis’ Business Inside the Game (BIG) and influencer organization, REACH, for an exciting presence at NBA All-Star Weekend. BIG, known for its summits, workshops, and experiences connecting business and social enterprise, joined forces with Triller to create high-profile engagements. This collaboration will bring fans exclusive content, immersive experiences, and top-tier entertainment at the intersection of sports, music, and culture.

BIG and Triller will set up a temporary remote studio in San Francisco to produce exclusive Triller content featuring NBA athletes, artists, and sports business leaders. This premium content will be available exclusively on the Triller app, giving fans unparalleled access to the biggest names in the industry.

“NBA All-Star Weekend is the perfect stage for Triller to showcase its commitment to culture, sports, and innovation. We are thrilled to partner with BIG and REACH to create a dynamic and immersive experience for fans and industry leaders alike,” said Sean Kim, CEO of Triller App.

“Triller isn’t just back – it’s better than it’s ever been. This partnership underscores Triller’s place at the forefront of culture and innovation. We are excited to collaborate with Triller as they continue their incredible resurgence, offering unique and powerful storytelling opportunities for athletes, artists, and entrepreneurs alike.” said Baron Davis, CEO of BIG and a long-time Triller collaborator and investor.

The Triller app has recently undergone a major transformation, unveiling a sleek redesign that has ignited a surge of creators and celebrities flocking to the platform. As uncertainty around TikTok grows, Triller has cemented itself as the go-to destination for music, sports, and culture. With top influencers, athletes, and musicians embracing the platform, Triller is redefining digital entertainment.

“With a new creator studio and fund designed to give creators greater ownership and monetization opportunities, this is just the beginning of Triller’s new era,” said Antoine Grant, General Partner at Evercurrent Brands, a next-generation platform focused on building and scaling brands that drive culture through storytelling. “NBA All-Star Weekend is Triller’s opening game – we’re building a space where athletes, artists, and influencers can take control of their content, collaborate, and create game-changing work on their own terms.”

Some of the biggest names in social media, sports, and culture will be in attendance at NBA All-Star Weekend, including 14-year-old culinary sensation Cooking with Kian, Women’s Basketball stars – including Lauren Fitzmaurice and Mia Mastrov– and Latinx mental health activist and content creator Joseph Arujo, among many others.

With over 6 million social media followers, REACH CEO Dylan Huey, CEO of REACH will also attend the event. “Partnering with Triller for NBA All-Star Weekend is an incredible opportunity to bring together top creators, athletes, and industry leaders in a way that pushes digital entertainment forward,” said Huey, whose agency aims to bridge Gen Z talent with top brands like YouTube and Disney.

As uncertainty around TikTok grows, Triller has cemented itself as the go-to destination for music, sports, and culture. With top influencers, athletes, and musicians embracing the platform, and with more opportunities for creators to reach their audiences,Triller is redefining digital entertainment.

The NBA All-Star Weekend collaboration with BIG is yet another milestone solidifying Triller’s dominance in the industry and setting the stage for even bigger things to come.

It’s time to experience the next evolution of digital entertainment.

Here’s where you can catch the action:

Thursday, February 13 – BIG Showcase
Millennium Tower Penthouse, San Francisco
6:00 PM9:00 PM
A night of exclusive presentations and networking with top industry leaders.

Friday, February 14 – The Draymond Green Show Live Podcast
Empire Studio, San Francisco
7:00 PM10:30 PM
NBA star Draymond Green joins Baron Davis for an unfiltered live podcast with surprise guests.

Saturday, February 15 – BIG Summit & Mixer
BIG Summit
Baron Davis’ BIG Summits connect athletes, entrepreneurs, and investors to shape the future of sports, media, and tech. Events include basketball games and post-game networking.

The Hibernia Bank, San Francisco
10:30 AM4:00 PM
Join thought leaders for dynamic panels on sports, tech, and business. Don’t miss the exclusive Triller Content Studio!

All-Star Mixer
Modi, San Francisco
7:30 PM10:00 PM
An exclusive VIP event hosted by Baron Davis, Silicon Valley Bank, and First Citizens Wealth.

Stay tuned for behind-the-scenes access and exclusive content from Triller. Follow us for live updates and join the conversation using #BIGTrillerAllStarWeekend

Download Triller now to stay tuned on all the events and all the creators, celebrities, and athletes that will be in attendance.

About Business Inside The Game 
Business Inside The Game (BIG) is a members-only platform that offers its community networking and thought leadership events, access to a pipeline of investment opportunities, as well as meaningful connections with like-minded professionals. Founded by investor and two-time NBA All-Star Baron Davis, BIG represents the eyes and ears of culture in driving innovation in sports, entertainment and technology. BIG embodies a new school way of doing business wherein athletes, multi-hyphenates, startup founders, investors and executives sit at the same table. For membership information visit TeamBig.io and connect with BIG on Linkedin, Instagram and X.

About Triller Group Inc.
Nasdaq: ILLR. Triller Group is a US-based company that operates two main businesses: the newly merged US-based social media operations (Triller Corp.), and the legacy operations of the Company in Hong Kong (“AGBA”).

Triller Corp. is a next generation, AI-powered, social media and live-streaming event platform for creators. Pairing music culture with sports, fashion, entertainment, and influencers through a 360-degree view of content and technology, Triller Corp. uses proprietary AI technology to push and track content virally to affiliated and non-affiliated sites and networks, enabling them to reach millions of additional users. Triller Corp. additionally owns Triller Sports, Bare-Knuckle Fighting Championship (BKFC); Amplify.ai, a leading machine-learning, AI platform; and TrillerTV, a premier global PPV, AVOD, and SVOD streaming service. For more information, visit www.triller.co.

Established in 1993, AGBA is a leading, multi-channel business platform that incorporates cutting edge machine-learning and offers a broad set of financial services and healthcare products to consumers through a tech-led ecosystem, enabling clients to unlock the choices that best suit their needs. Trusted by over 400,000 individual and corporate customers, the Group is organized into four market-leading businesses: Platform Business, Distribution Business, Healthcare Business, and Fintech Business. For more information, please visit www.agba.com.

Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.