Wednesday, March 26, 2025

SMART MODULAR TECHNOLOGIES UNVEILS NON-VOLATILE CXL MEMORY MODULE

SMART Modular's NV-CMM, utilizing the CXL standard, combines the speed of DRAM with the persistence of NAND flash memory to deliver unprecedented performance and reliability for data-intensive applications.


KUALA LUMPUR, March 26 (Bernama) -- SMART Modular Technologies Inc (SMART), a global leader in integrated memory solutions, solid-state drives, and hybrid storage products, has announced the sampling of its redefined Non-Volatile CXL Memory Module (NV-CMM) to Tier 1 OEMs based on the CXL 2.0 standard.

According to a statement, the new module provides persistent memory that enables checkpointing, snapshotting and low-latency write cache for demanding data centre compute and storage applications.

This innovative product combines non-volatile high-performance DRAM memory, persistent flash memory and an energy source in a single removable EDSFF form factor to deliver superior reliability and serviceability for data-intensive applications.

SMART Modular Technologies senior product marketing manager, Torry Steed said the company’s NV-CMM represents a paradigm shift in memory technology for data centres.

“By combining the benefits of non-volatile memory with the CXL standard, we are making it significantly easier for system integrators to incorporate compact, non-volatile, high-performance persistent memory into their products,” he added.

The NV-CMM represents a significant leap forward in memory technology, offering enhanced system performance by improving responsiveness and reducing recovery processes, making it ideal for latency-sensitive applications such as high-performance computing and real-time analytics.

It also ensures data persistence through onboard backup power, which helps retain critical data during power outages, thus enhancing system reliability.

The module comes in a versatile E3.S 2T form factor, allowing for flexible server configurations, and its advanced connectivity, with PCIe Gen 5 and CXL 2.0 compliance, ensures seamless integration with the latest data centre architectures.

In addition to these features, the NV-CMM accelerates storage systems by acting as a high-speed cache, boosting storage appliance performance; enhances data recovery to maintain data integrity during power failures or system crashes; optimises virtualisation by enabling faster virtual machine restarts and reducing downtime in cloud infrastructures; and improves overall system performance with efficient write caching.

-- BERNAMA

Monday, March 24, 2025

"LONG-TERM CARE TECH PORTAL" ​ENGLISH VERSION SHOWCASES JAPAN’S ADVANCED TECHNOLOGIES

KUALA LUMPUR, March 24 (Bernama) -- The management office of the long-term care robot portal has released the English version of the "Long-term Care Tech Portal" (https://robotcare.jp/en/home/index?type=pw), a website that provides information on state-of-the-art care and age tech in Japan.

According to a statement, the portal aims to promote the development and use of long-term care technology in nursing care settings, offering a wealth of information on the latest advancements.

The English site has been launched to share Japan’s innovative technologies with international audiences in which they can explore how these technologies are being implemented in Japan’s ageing society. The site is sponsored by the Japan Agency for Medical Research and Development (AMED).

This platform is designed to help everyone involved in long-term care understand how such technology can be safely and effectively used while encouraging further development and utilisation.

It includes details about the introduction of long-term care technology at care sites and the ongoing development of such devices, including the "Project to Promote the Development of Long-term Care Technology" supported by the Ministry of Economy, Trade and Industry and AMED.

The featured content includes a list of cutting-edge long-term care technologies supported by AMED in Japan. Additionally, the portal features videos that demonstrate the actual use of these technologies, with 10 highlighted innovations and their use in the field.

There are also videos and articles of discussions with experts, including developers, researchers, and care providers, who share insights about their efforts, challenges, and visions for the future of long-term care technology, while content will be updated as new information becomes available.

-- BERNAMA

Wednesday, March 19, 2025

8X8 CPAAS API CUSTOMER INTERACTIONS SURGE 43 PCT YOY WITH AI-POWERED ENGAGEMENT

KUALA LUMPUR, March 19 (Bernama) -- Integrated CX platform provider, 8x8 Inc has announced that the strong desire for personalised, artificial intelligence (AI)-powered self-service engagement options and channels is driving increased customer interactions across 8x8 communications platform as a service (CPaaS) application programming interfaces (APIs).

According to 8x8 in a statement, its CPaaS API customer interactions increased more than 43 per cent year-over-year across messaging, voice, and video channels, as of the third quarter (Q3) of fiscal year 2025 (FY25), ending Dec 31, 2024.

“8x8 CPaaS APIs are fuelling AI utilisation in companies by supporting AI-powered chatbots via WhatsApp and SMS, as well as voice-based talk bots, allowing customers to really choose the ‘when’, ‘where’, and ‘how’ when it comes to customer engagement,” said 8x8 Inc General Manager, CPaaS, Stephen Hamill.

In addition, the total number of interactions reached almost half a billion per month in December 2024, an increase of 59 per cent compared to December 2023, while short message service (SMS) interactions increased 41 per cent and grew over 26 per cent quarter-over-quarter from FY25 second quarter (Q2) to Q3.

Meanwhile, recent 8x8 CPaaS API enhancements in FY25 include voice bots for billing and payments. Organisations can boost responsiveness through number anonymisation, follow up with SMS, and capture every interaction with call recording and speech recognition.

The silent mobile authentication for CPaaS customers provides a seamless method of mobile verification, allowing users to verify phone numbers with just one click and without manual input. Instead of receiving and entering a code, users are automatically verified based on their network IP.

Furthermore, the enhancement includes seamless and secure authentication with Verif8. A next-generation authentication solution designed for effortless security and compliance. With self-service multichannel OTP authentication via SMS, Viber, and voice, businesses can enhance user verification while minimising friction.

8x8 CPaaS APIs power essential business functions like authentication and fraud prevention, marketing and communications, customer support, and operations.

With omnichannel messaging including SMS, messaging apps, voice, and video interaction, it serves as a key enabler of business communications and customer experience in an ever-evolving digital transformation.

-- BERNAMA

KUAISHOU KLING AI ADOPTS DEEPSEEK-R1 FOR ENHANCED AI CONTENT CREATION

KUALA LUMPUR, March 19 (Bernama) -- Kuaishou Technology (Kuaishou), a content community and social platform, has announced the full integration of DeepSeek-R1 into its large video generation model, Kling AI.

This integration enables users to effortlessly transform their creative ideas into professional prompts for video and image generation with DeepSeek’s assistance in generating or optimising prompts, facilitating the creation of high-quality creative videos.

In text-to-video scenarios, Kling AI DeepSeek Inspiration Version works seamlessly with the “Inspiration Word Bank” feature, providing users with granular control over scenes, lenses, shots, lighting, and atmosphere and thereby enhancing expressiveness.

As a next-generation artificial intelligence (AI) creative studio developed by Kuaishou, Kuaishou Kling AI has been continuously iterated and upgraded since its launch last year, according to a statement.

While maintaining its lead in model capabilities and generation effects, Kuaishou Kling AI has unveiled an array of rich creation features and creative activities. The integration of DeepSeek will further lower the entry barrier for AI creative content and enhance creation efficiency.

In December 2024, Kuaishou Kling AI officially launched the Kling AI 1.6 model, featuring upgraded video generation capabilities and significantly enhanced effects. Users can access the new features via the web portal or by searching for and downloading KLINGAI from the app store.

-- BERNAMA

MEDICAL KOREA 2025 TO SPOTLIGHT AI-POWERED HEALTHCARE, MEDICAL TOURISM


Medical Korea 2025 will take place at Coex, Seoul, from March 20 (Thu) to 23 (Sun), themed on ‘AI-powered Personalized Healthcare: Integrating into Our Daily Lives.’ (Image: Medical Korea)


KUALA LUMPUR, March 19 (Bernama) -- Medical Korea 2025 (the 15th Global Healthcare & Medical Tourism Conference), will be held for four days beginning March 20, at Coex, Seoul, South Korea.

Hosted by the Ministry of Health and Welfare (MOHW) and organised by the Korea Health Industry Development Institute (KHIDI), the conference will be hosted under the theme ‘AI-powered Personalised Healthcare: Integrating into Our Daily Lives’.

According to a statement, the conference will serve as a platform to explore innovative cases of artificial intelligence (AI) integration into medicine, government policy directions, and strategies aimed at enhancing the global competitiveness of Korean healthcare.

In particular, this year’s forum is designed to ensure that the focal points of all sessions are linked to AI, in addition to establishing a new milestone for those involved in global healthcare.

The conference will be attended by globally renowned experts in AI healthcare who will deliver speeches across all six forums, starting from keynote speeches by Emory Healthcare and Emory University Chief Information and Digital Officer, Alistair Erskine, and Nanyang Technological University Professor Park Seung-min.

Healthcare professionals are expected to show significant interest in a forum that will discuss the introduction of AI in medical tourism, particularly by examining exemplary cases of Korea, the United States, European Union, United Arab Emirates, India, and Malaysia.

Alongside diverse forums, Medical Korea 2025 will host business meetings in two areas, namely medical tourism and global public healthcare procurement, involving relevant agencies in Korea and inviting International buyers.

In addition, a promotional exhibition will be held, featuring K-Beauty Zone, Medical Industry Zone, and Hospital Zone, which is expected to capture the interest of visitors from related industries.

-- BERNAMA

GALLANT CAPITAL ACQUIRES ALTIFY, A LEADING GLOBAL SALES ENABLEMENT ACCOUNT PLANNING SOFTWARE PLATFORM

 


LOS ANGELES, March 19 (Bernama-BUSINESS WIRE) -- Gallant Capital Partners (“Gallant”) announced today that it has closed on its acquisition of Altify (the “Company”). Altify is a leading sales enablement software platform that provides mission critical sales transformation to enterprise companies. Altify’s account planning AI cloud drives predictable and sustainable revenue growth. As part of the transaction, Gallant is partnering with Patrick Morrissey and Anthony Reynolds, who are returning to lead the Company as CEO and Executive Board Member, respectively.

“Altify is a market leader in the sales enablement and revenue optimization sector, with a long history of delivering tangible ROI to its customers. We are excited to partner with Patrick and Anthony to drive growth as a standalone business,” said Jon Gimbel, Partner at Gallant.

“Altify’s account planning AI platform is clearly differentiated and essential to its blue-chip customer base,” added Chris Suen, Managing Director at Gallant. “We see significant opportunity to invest back into the business to further expand the platform’s capabilities to even better serve its customers.”

“This acquisition represents Gallant’s third corporate carveout in the past year, and highlights Gallant’s steadfast commitment to being a trusted partner to corporate sellers and management teams. We are confident that Altify will thrive as a standalone business under our ownership,” added Anthony Guagliano, Partner at Gallant.

“I’m excited to return to Altify and lead the team as CEO. Partnering with Gallant will fuel our growth and help us deliver impact to our customers. Gallant’s collaborative approach, deep operational experience, and capital to fuel investment in our software platform will allow us to better serve our customers’ evolving needs. The entire team at Altify is very excited about the future and the incredible opportunities that lie ahead for the Company,” continued Patrick Morrissey.

About Altify

Altify is the account planning AI cloud for revenue teams that use Salesforce. Delivering a combination of methodology, sales process, and AI enabled technology, Altify enables world-class sales organizations to solve problems, grow relationships, and win more opportunities. Built natively on the Salesforce Platform, Altify’s account planning platform helps thousands of salespeople, sales leaders, and revenue teams achieve sustained customer revenue optimization and sales success. Learn more at www.altify.com.

About Gallant

Gallant Capital Partners is a private equity firm that invests in technology, business services, and industrial companies. Gallant executes an operationally focused investment strategy with a priority on partnering closely with companies that can benefit from its extensive industry relationships and operating expertise. The firm partners with owners, founders, and management teams to maximize value and drive long-term, sustainable growth for its portfolio companies. Gallant was founded in 2018 and is headquartered in Los Angeles. For more information, visit www.gallantcapital.com.

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250317660188/en/


Contact

Media Contact Information:

Jamie Kim
Gallant Capital
jkim@gallantcapital.com
(310) 362 3309


Source : Gallant Capital Partners

Friday, March 14, 2025

DistribuTECH 2025: Bidgely To Leverage AI For A Smarter Grid

 

Bidgely and its utility partners will showcase the power of AI for innovative energy management at DistribuTECH 2025. (Photo: Business Wire)

KUALA LUMPUR, March 12 (Bernama) -- Bidgely, an artificial intelligence (AI)-powered Software as a Service (SaaS) company, has announced its participation at the upcoming DistribuTECH International conference in Dallas, Texas, from March 24 to 27.

As an award-winning top AI company in the energy space, Bidgely and its pioneering utility partners will share their success implementing AI to achieve critical initiatives, including holistic electric vehicle (EV) programmes and grid modernisation.

“Changes to the energy landscape, particularly EVs, renewable energy and increased peak demand, have necessitated the use of AI technology to align real-time consumer load impact with long-term forecast planning.

“At DistribuTECH 2025, we will see an exciting compilation of AI success stories that showcase how utilities are building smarter, stronger grids,” said Bidgely Chief Executive Officer (CEO), Abhay Gupta in a statement.

Bidgely featured sessions include Beyond Managed Charging: How Utilities Are Building a Holistic EV Management Program, which will take place on March 25. It will explore how utilities are developing comprehensive AI-powered EV management programmes that detect EVs, analyse charging patterns and identify impact on specific grid assets to maximise load-shift value and optimise grid resilience.

Another session, Distributed Intelligence and Evolving AMI (AMI 1.0 to 2.0): A Playbook for Utilities Leading Grid Transformation, will feature Bidgely CEO and Co-founder. It will showcase the seamless transition from AMI 1.0 to AMI 2.0 smart meters that minimises disruption to operations and customer coverage while building a future-ready grid that meets evolving demands.

Bidgely Chief of Staff and AI Evangelist, Shriram Ramanathan will also lead an interactive roundtable focused on how AI and Generative AI (GenAI) are driving personalisation, enabling real-time grid intelligence, and unlocking new demand flexibility opportunities to future-proof the energy ecosystem.

Additionally, Bidgely will hold GenAI talks at the EXPO Theater on March 26 and 27, in partnership with the Net Zero Alliance, focusing on transforming customer and grid operations.

-- BERNAMA


Wednesday, March 12, 2025

REGASK UNVEILS AGENTIC AI SOLUTION FOR WORKFLOW ORCHESTRATION



KUALA LUMPUR, March 13 (Bernama) -- RegASK, a global artificial intelligence (AI)-driven regulatory intelligence company, has unveiled the first Agentic AI-powered solution to automate regulatory alert creation and workflow orchestration.

The product features are designed to help regulatory affairs and compliance teams streamline tedious processes, reduce manual work, and more easily stay on top of the regulatory landscape, according to RegASK in a statement.

RegASK Founder and Chief Executive Officer, Caroline Shleifer emphasised that the new AI-driven capabilities will enable regulatory teams to reduce time spent on manual tasks and focus on managing risk and making informed decisions to drive organisational success.

Meanwhile, its Chief Product and Technology Officer, Amenallah Reghimi highlighted the challenge regulatory teams face with managing countless updates and reporting requirements.

“With the AI-driven workflow orchestration feature, teams can now focus on making strategic decisions, mitigating risks, and ensuring compliance without the administrative burden,” he said.

Key features of the product include enhanced workflow automation capabilities that allow regulatory teams to define custom workflows that trigger compliance tasks based on alerts or regulatory updates, improving task prioritisation; collaboration, which reduces the need for manual tracking and minimises delay in decision-making.

Organisations can integrate their own regulatory documents and data, allowing the platform to automatically generate alerts and impact assessments based on uploaded content.

In addition, RegASK has augmented RegGenius into a multi-agent system with improved query precision and regulatory analysis, offering more accurate and adaptable intelligence for professionals.

-- BERNAMA

Tuesday, March 11, 2025

XSOLLA EXPANDS PAYMENT OPTIONS WITH 11 METHODS IN MENA REGION

(Graphic: Xsolla)


KUALA LUMPUR, March 11 (Bernama) -- Global video game commerce company, Xsolla has introduced 11 new local payment methods in the Middle East and North Africa (MENA) region.

These payment methods include Fawry Cash, Aman, Masary, Momken, Vodafone Wallet, Orange Cash Wallet, and Mobile & Banking Wallets in Egypt; Sadad in Saudi Arabia; eFAWATEERcom in Jordan; and STC Direct Carrier Billing (DCB) in Bahrain.

These strategic additions reflect Xsolla’s commitment to providing game developers and publishers with the tools to navigate and thrive in this rapidly growing and uniquely challenging market – in any geography worldwide.

In a statement, its Chief Strategy Officer, Chris Hewish emphasised the strategic importance of the MENA region, noting the growing adoption of digital wallets and mobile payments.

The MENA region, home to over 380 million gamers, is experiencing rapid growth, with an 8.9 per cent annual growth rate forecast for 2024, according to Newzoo.

However, international gaming companies have struggled to address payment challenges like limited local options and low trust in non-regional methods. Xsolla’s introduction of widely used payment methods aims to overcome these hurdles and improve payment accessibility.

To address these challenges, Xsolla is introducing trusted and widely used payment methods tailored to the needs of MENA gamers, such as adding 11 local payment solutions. The company ensures seamless, secure transactions for MENA gamers, enabling developers to tap into this fast-growing market.

The company also emphasises a mobile-first approach, with mobile games accounting for more than half of the region’s gaming revenue in 2024. This move allows developers to tap into a fast-growing player base, expanding transaction opportunities.

The company's expansion in MENA supports over 1,000 payment methods globally, reinforcing Xsolla’s ongoing mission to innovate game commerce and address the complexities of regional payment systems.

-- BERNAMA

Monday, March 10, 2025

XSOLLA LAUNCHES THE XSOLLA GOLD GIFT CARD TO ENHANCE GAME BRAND VISIBILITY THROUGH PHYSICAL AND DIGITAL CHANNELS, OFFERING GAMERS A NEW WAY TO PAY

 


Table

(Graphic: Xsolla)


Introducing a Flexible and Accessible Payment Solution for Gamers and Developers to Enhance How Virtual Goods are Purchased, Gifted and Redeemed Online


LOS ANGELES, March 11 (Bernama-BUSINESS WIRE) -- Xsolla, a leading global video game commerce company, announces the launch of the Xsolla Gold Gift Card, a flexible payment solution designed to enhance how gamers purchase, gift, and redeem virtual goods. Available in physical and digital formats, the Xsolla Gold Gift Card provides players with an accessible and convenient way to engage with their favorite games across multiple platforms.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250310026643/en/ 

As the global gift card market is projected to reach $5.3 trillion by 2033, developers face increasing opportunities to expand their monetization strategies and engage players more effectively. The Xsolla Gold Gift Card offers a seamless way for players to acquire in-game items, gift content to friends, and redeem rewards, enriching their gaming experience. This solution unlocks new revenue streams for developers, enhances brand visibility, and enables targeted marketing initiatives, including co-branded promotions and customized campaigns.

Discover the standout benefits making this gift card a game-changer for players and developers:
  • Flexible Distribution Options: Includes physical and digital cards, ensuring broad accessibility for players worldwide
  • Enhanced Community Engagement: Encourages players to share gaming experiences through gifting, fostering deeper connections within gaming communities
  • Monetization and Marketing Opportunities: Leverages gift cards for cross-promotions, partnerships with retail brands, and exclusive in-game offers, driving increased engagement and revenue for developers
  • Cross-Platform Usability: Fully compatible across multiple platforms and game titles, catering to a diverse player base with various spending preferences
“We’re excited to offer a gift card to help simplify how players purchase and share virtual goods while helping developers increase player retention and engagement through strategic integrations,” said Chris Hewish, Chief Strategy Officer of Xsolla. “The Xsolla Gold Gift Card allows us to continue innovating, enhancing how players interact with their favorite games and how developers can reach a broader audience.”

The Xsolla Gold Gift Card will be available in various denominations, adapting to different player needs. Developers can integrate these cards into their ecosystems to enhance player engagement and drive monetization through tailored campaigns and promotions.

For more information about the Xsolla Gold Gift Card, visit: xsolla.pro/rws25ggc

About Xsolla

Xsolla is a leading global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Raleigh, Tokyo, Montreal, and cities around the world.

For additional information and to learn more, please visit xsolla.com

View source version on businesswire.com: 
https://www.businesswire.com/news/home/20250310026643/en/

Contact

Media Contact
Derrick Stembridge
Vice President of Global Public Relations, Xsolla
d.stembridge@xsolla.com


Source : Xsolla

Friday, March 7, 2025

QUANTEXA UNVEILS GROUNDBREAKING INNOVATIONS AT QUANCON25


KUALA LUMPUR, March 7 (Bernama) -- Quantexa, a global leader in Decision Intelligence (DI) solutions, has announced a series of innovative updates and launches across its platform at QuanCon25, its annual customer and partner ecosystem event.

Hosted in London, Quantexa highlighted its continued commitment to helping its customers get their data artificial intelligence (AI)-ready, break down organisational silos, and transform decision-making in the era of AI.

Quantexa’s flagship offering, the DI Platform, continues to evolve with its Contextual Fabric, which unifies fragmented data and enriches it with contextual insights, enabling organisations to make smarter, more transformative decisions.

In a statement, the company’s Founder & Chief Executive Officer, Vishal Marria said: “These results demonstrate that when your data is trusted and contextual, it drives better decision-making and significant bottom-line impact in the era of AI.”

Meanwhile, its Chief Product Officer, Dan Higgins announced the platform capabilities, including advanced language parsers supporting multiple non-Latin scripts, scalable knowledge graphs capable of handling over a billion nodes, and real-time entity streaming for fraud detection and know-your-customer (KYC).

Higgins also gave a sneak peek into significant platform innovations coming in 2025, such as more support for unstructured data through a new natural language processing (NLP) pipeline; new workflow and case management capabilities; and AI-powered data quality assessment features.

Quantexa also shared findings from a Total Economic Impact study conducted with Forrester, revealing significant return on investment (ROI) for its clients, including nearly US$8 million in data management efficiency savings, US$15 million in operational efficiencies, and over US$19 million in risk reduction. (US$1=RM4.41)

Two major announcements further cemented Quantexa’s DI leadership, namely Q Assist, a context-aware generative AI solution suite, and Quantexa Cloud, a comprehensive suite of native software as a service (SaaS) solutions for anti-money laundering.

The company also introduced Q Labs, a hub focused on accelerating product innovation and solving complex customer challenges. The event concluded with the recognition of Accenture as Innovation Partner of the Year and KPMG as Growth Partner of the Year, highlighting the importance of collaborative efforts in driving data and AI transformation.

-- BERNAMA

Wednesday, March 5, 2025

DENODO UNIVERSITY CHALLENGE: DATA SHOE TEAM WINS WITH LIFE EXPECTANCY IMPROVEMENT SOLUTION

KUALA LUMPUR, March 5 (Bernama) -- Denodo, a leader in data management, announced the winner of the latest Denodo University Challenge, Data for Social Change: Improve Life Expectancy.

In a statement, Denodo said the award went to the Data Shoe team from Dauphine University in Paris, France, composed of Dounia Bouloudene, Nassim Fatmi, and Youcef Azouaoui.

Their solution focused on improving life expectancy by addressing critical factors such as healthcare access, air pollution, and political stability. The team used the Denodo Platform to integrate diverse data sources, analyse them using reporting tools, and present their findings through clear, accessible visuals.

Additionally, the Universidade da A Coruña in Spain also received recognition for contributing the most teams to this competition.

Denodo chief technology officer, Alberto Pan praised the team's professionalism, highlighting how the Denodo Platform enabled them to quickly develop a robust solution with its logical data management capabilities and low-code/no-code tools.

The Denodo Academic Program prepares students through virtual, self-paced training modules, live workshops, and a free version of the Denodo Platform. In this challenge, students were tasked with using data analytics to improve environmental, social, and governance (ESG) practices and ultimately life expectancy.

Data Shoe’s winning solution emphasised the importance of public policies aimed at healthcare improvement, air pollution reduction, and political stability in driving social progress and better global quality of life.

The team's use of the Denodo Design Studio and Microsoft Power BI effectively showcased their analytical process and conclusions.

-- BERNAMA

Sunday, March 2, 2025

BITGET SPREADS KINDNESS THIS RAMADAN BY PROVIDING 100,000 MEALS TO THOSE IN NEED


VICTORIA, Seychelles, March 3 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is partnering with world-renowned humanitarian organizations, including the UN Refugee AgencyUN World Food ProgrammeShareTheMeal, and the One Billion Meals Endowment, to distribute up to 100,000 meals to individuals in need during Ramadan. This initiative targets vulnerable communities in regions facing significant challenges, aiming to alleviate hunger during the holy month.

Each meal will support families and individuals during the holy month. The effort is strengthened by contributions from the Bitget community, emphasizing collective action and compassion. To achieve the fundraising target, Bitget has introduced initiatives encouraging participation from users, VIP clients, and influencer partners.

Bitget will first pledge 10,000 meals to the people in need, followed by a series of Iftar dinners in key locations, including Dubai and Istanbul, fostering unity and philanthropy. Attendees can contribute through donations, with Bitget matching each dollar raised. Exclusive auctions featuring memorabilia from partnerships with La Liga will also contribute to the fundraising, and Bitget will direct all proceeds toward the cause. 100% of the proceeds will go towards the fundraiser.

"Ramadan is a time for generosity and unity," said Vugar Usi Zade, COO of Bitget. "By leveraging our global network, we aim to create a meaningful impact in communities facing adversity. This initiative demonstrates kindness from the crypto space and aligns with our mission to drive positive change through collaborative efforts."

The campaign, featuring the 10,000-meal pledge from Bitget, donation matching, and exclusive auctions, will be supported by local teams organizing community engagement events. It is set to launch on the first day of Ramadan, in alignment with the Islamic calendar.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a48343fc-044d-45ce-afe2-a4ff26395657 

SOURCE : Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.