Friday, June 19, 2026

Defiance Launches SPCU, Delivering 2X Long Exposure to SpaceX in Its First Full Week of Trading

MIAMI, June 18 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs today announced the launch of the Defiance Daily Target 2X Long SpaceX ETF (Cboe: SPCU). SPCU begins trading today at 4am ET and seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of SpaceX Class A common stock (NASDAQ: SPCX).

SpaceX priced its initial public offering at $135 per share and began trading on the Nasdaq on Friday, June 12, under the ticker SPCX. At that price, the company was valued at approximately $1.77 trillion, which according to reports ranks as the largest U.S. IPO in history by debut market value.

SPCU is purpose-built for active traders seeking magnified, short-term exposure to SpaceX. The Fund obtains its exposure primarily through swap agreements and/or listed options contracts rather than by holding SpaceX shares directly, allowing traders to express a high-conviction, tactical view on SpaceX in a single exchange-listed ticker, without a margin account and without managing options positions.

SPCU joins the Defiance Daily 2X Space ETF (Cboe: SPCL), which established 2X daily leveraged exposure to SpaceX on SpaceX's IPO date. On that date, SPCL's leveraged exposure was tied exclusively to SpaceX, although the Fund will hold other investments in accordance with its investment strategy and prospectus disclosures. SPCU further expands Defiance's lineup of leveraged products linked to SpaceX.

For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcu or call 833.333.9383.

The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of Space Exploration Technologies Corp. (the “Underlying Security”) and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of SpaceX over the same period. It is possible that investors could lose their entire principal within a single trading day.

An investment in the Fund is not a direct investment in SpaceX.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

Media Contact: Sylvia Jablonski | info@defianceetfs.com | 833.333.9383

IMPORTANT DISCLOSURES

Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments, LLC (“Tidal” or the “Adviser”).

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information about the investment company. Please read the prospectus and/or summary prospectus carefully before investing. Hard copies can be requested by calling 833.333.9383.

Investing involves risk. Principal loss is possible. As an ETF, the Fund may trade at a premium or discount to its net asset value (“NAV”). Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions and bid-ask spreads will reduce returns. A portfolio concentrated in a single theme or industry may be subject to a higher degree of risk. There is no guarantee the Fund’s strategy will be successful, and an investor may lose some or all of their investment.

Leveraged Investment Risk. The Fund seeks daily investment results that correspond to two times (2X) the performance of its underlying portfolio. The use of leverage magnifies both gains and losses. As a result, the Fund may experience significant losses over short periods of time, including the potential loss of the entire investment within a single trading day. If the Target Portfolio’s market value decreases by more than 50% on a given trading day, the Fund’s investors could lose all of their money. The Fund may also be subject to the following risks:

Daily Reset and Compounding Risk. The Fund is designed to achieve its stated investment objective on a daily basis. Due to the effects of compounding, the Fund’s returns over periods longer than one trading day will likely differ, and may differ significantly, from 200% of the performance of its underlying portfolio for the same period. This effect is more pronounced in volatile markets.

Short-Term Trading Risk. The Fund is intended for short-term trading and is not designed for long-term investment. Investors who hold shares for periods longer than a single trading day may experience returns that are substantially different from the Fund’s stated objective. The Fund requires active monitoring and management.

Compounding and Market Volatility Risk. The Fund has a daily leveraged investment objective, and the Fund’s performance for periods greater than a trading day will be the result of each day’s returns compounded over the period, which is very likely to differ from two times (200%) the Target Portfolio’s performance, before fees and expenses. The Fund will lose money if the Target Portfolio’s performance is flat over time, and it is possible that the Fund will lose money even if the Target Portfolio’s market value increases over a period longer than a single day. Due to daily rebalancing and the effects of compounding, the volatility of the Target Portfolio may affect the Fund’s return as much as, or more than, the Target Portfolio’s actual return. The impact of compounding will affect each shareholder differently depending on the period of time an investment in the Fund is held and the volatility of the Target Portfolio during that holding period.

Derivatives Risk. The Fund utilizes derivatives, including swap agreements and options contracts, to achieve its investment objective. Derivatives involve risks different from, and potentially greater than, those associated with direct investments in securities. These risks include increased volatility, imperfect correlation, liquidity constraints, valuation complexity, and the potential for losses exceeding the amount initially invested.

Counterparty Risk. The Fund is subject to counterparty risk through its use of derivatives. If a counterparty to a swap or other derivative instrument fails to meet its contractual obligations, the Fund may experience losses, delays in recovery, or reduced exposure.

Space Investing Risks. The Fund concentrates its exposure in companies involved in the space economy, including satellite communications, launch services, and space-enabled technologies. Companies involved in the design, manufacture, or launch of spacecraft, launch vehicles, or related systems face significant risks associated with launch failures, deployment malfunctions, mission delays, and cost overruns; space launches are inherently complex and costly, and failures may result in total loss of spacecraft or payloads, substantial financial losses, reputational harm, and increased regulatory scrutiny. Space-related businesses often rely on advanced, emerging, or unproven technologies and may be adversely affected by rapid technological change, engineering challenges, or competitors’ development of superior or lower-cost technologies. The space industry is subject to extensive domestic and international regulation, including licensing requirements, export controls, national security restrictions, environmental regulation, and orbital debris mitigation standards; changes in laws or regulatory interpretations may increase compliance costs, delay operations, or limit deployment of space-based systems. Many space-focused companies depend on governmental or quasi-governmental customers and contracts, and reductions in government budgets, policy changes, or contract terminations could materially affect revenues. Space-based operations are exposed to risks from orbital debris, collisions, congestion in Earth’s orbits, and space weather, any of which may damage satellites or spacecraft and result in service disruptions or complete mission failure. Many space-focused companies may have limited operating histories, depend on a narrow set of products or services, or rely on a small number of customers or missions. The Fund may have exposure to foreign issuers, including through ADRs, which can involve political instability, geopolitical tensions, trade restrictions, sanctions, and currency fluctuations that may disrupt supply chains or impair cross-border collaboration. When the Adviser determines there are insufficient Space Companies to meet the Fund’s investment criteria, the Fund may obtain exposure to secondary space technology companies that support or enable space-related activities, which may be less directly exposed to the growth of the space economy and may be more sensitive to broader industry or market risks. The space industry is emerging and may experience higher volatility and uncertainty than more established industries.

Industry Concentration Risk. Because the Fund focuses on a specific theme and industry group, it may be more susceptible to adverse developments affecting that sector than a broadly diversified fund. The Fund will concentrate (i.e., invest 25% or more of its total assets) its investment exposure to companies in the space industry and in industries that develop, deploy, or operate space-related technologies and services.

IPO, SPAC, and De-SPAC Risk. The Fund may invest, including indirectly via derivative instruments, in securities of companies that have recently completed initial public offerings (“IPOs”), special purpose acquisition companies (“SPACs”), or companies that have become publicly traded through business combinations involving SPACs (“de-SPAC transactions”). These securities may be less seasoned, lack a meaningful trading history, have limited public information and research coverage, and involve risks similar to those of venture capital or other private equity investments. Their prices may be volatile, subject to speculative trading, and susceptible to rapid and substantial declines in value. SPACs are shell or blank check companies that raise capital in an IPO for the purpose of completing a business combination with a private operating company; there is no guarantee that a SPAC will complete a business combination or that any completed transaction will be successful. Conflicts of interest may arise among a SPAC’s sponsors, affiliates, officers, directors, or promoters and unaffiliated security holders.

Swap Agreements. The use of swap transactions is a highly specialized activity, which involves investment techniques and risks different from those associated with ordinary portfolio securities transactions. Whether the Fund will be successful in using swap agreements to achieve its investment goal depends on the ability of the Adviser to structure such swap agreements in accordance with the Fund’s investment objective and to identify counterparties for those swap agreements.

Non-Diversification Risk. The Fund is classified as non-diversified, which means it may invest a larger percentage of its assets in a smaller number of issuers. As a result, the Fund’s performance may be more volatile and more sensitive to the performance of individual holdings.

Equity Securities Risk. Investments in equity securities are subject to market risk, including the potential for significant price fluctuations due to company-specific events, broader market conditions, economic developments, and changes in investor sentiment.

Foreign and ADR Risk. To the extent the Fund has exposure to foreign issuers or American Depositary Receipts (ADRs), it may be subject to additional risks, including currency fluctuations, political and economic instability, differing regulatory standards, and reduced liquidity.

Small- and Mid-Capitalization Risk. The Fund may invest in small- and mid-cap companies, which may be more volatile, less liquid, and more sensitive to economic changes than larger companies.

Liquidity Risk. In certain market conditions, the Fund’s investments or derivative instruments may become less liquid, making it difficult to adjust exposure or achieve the desired investment objective. Reduced liquidity may also lead to wider bid-ask spreads for Fund shares.

Rebalancing Risk. The Fund seeks to rebalance its exposure daily to maintain its target leverage. If the Fund is unable to rebalance effectively due to market disruptions, liquidity constraints, or operational issues, its exposure may deviate from its intended objective.

Tracking and Correlation Risk. There is no guarantee that the Fund will achieve a high degree of correlation to 200% of the daily performance of its underlying portfolio. Market volatility, fees, transaction costs, and derivative pricing may cause performance to deviate from expectations.

High Portfolio Turnover Risk. The Fund’s strategy involves frequent trading and daily rebalancing, which may result in high portfolio turnover, increased transaction costs, and potentially higher taxable distributions.

Tax Risk. The Fund intends to qualify for favorable tax treatment as a regulated investment company (RIC), but there is no guarantee it will do so. Distributions may be taxable as ordinary income, capital gains, or a combination of both.

New Fund Risk. The Fund is recently organized and has limited operating history. As a result, there is limited performance history for investors to evaluate.

Market and Economic Risk. The value of the Fund’s investments may decline due to general market conditions, economic trends, geopolitical events, interest rate changes, inflation, or other external factors beyond the control of the Fund.

Brokerage commissions may be charged on trades.

Distributed by Foreside Fund Services, LLC.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/623c9438-6e10-4373-bc05-a6ae8c312daf

SOURCE: Defiance ETFs

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.

--BERNAMA

Thursday, June 18, 2026

Bitget Launches Community Product Officer Program With Up to 3,000 USDT in Rewards

VICTORIA, Seychelles, June 18 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the Bitget Community Product Officer Program, a new initiative designed to bring users closer to the product development process and create a direct channel between the community and Bitget’s product teams. Built around, “You speak, we build,” the program invites users to share feedback, test features, submit ideas, ultimately helping shape future product development across the Bitget ecosystem.

Running from June 15 to June 26, the first phase of the program encourages participants to contribute product suggestions, experience reports, strategy-sharing content, and feature feedback. Contributions will be evaluated based on originality, product value, practical insights, and potential impact on the user experience.

Participants will compete for a range of rewards, including three Star Product Experience Officer awards worth between 1,000 and 3,000 USDT each. Additional prizes include Best Product Ideas awards worth 100 USDT each, Best Product Experience Report awards worth 50 USDT each, and Best Strategy Sharing awards worth 20 USDT each. Community participants will also be eligible for random airdrops, merchandise and contribution rewards throughout the campaign.

“Some of the best product ideas come from the people using the platform every day because they’re the ones experiencing the friction firsthand,” said Gracy Chen, CEO of Bitget. “Crypto has always been built on participation, and some of the strongest products in this industry are shaped through open dialogue with the community. The Community Product Officer Program creates a direct channel for users to share ideas, challenge assumptions and be part of building a better platform together.”

Beyond cash rewards, the initiative creates a long term pathway for community members to contribute directly to Bitget’s product evolution. Through Bitget Fan Club, the company has already seen how engaged users can help strengthen communities, surface valuable feedback and improve the user experience. The Community Product Officer Program builds on that foundation by creating a closer connection between users and product teams, giving contributors greater opportunities to shape the features and tools they want to see on the platform.

The launch reflects Bitget’s continued focus on community-led innovation as the platform expands across crypto, tokenized assets, equities, commodities, AI-powered trading tools, and multi-asset services. By opening more of the product development process to users, Bitget aims to strengthen the connection between product builders and the communities they serve.

The Bitget Community Product Officer Program is now open to eligible participants worldwide.

To become a Community Product Officer, visit here, learn more about the program here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

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

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. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/02d967cb-2f38-4fdb-83f7-5e2d5b5abcc7

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.


--BERNAMA

Tuesday, June 16, 2026

Defiance ETFs Announces Resumption of Trading in the Defiance Daily 2X Space ETF (SPCL) on Cboe BZX Exchange, Inc.

 

MIAMI, June 16 (Bernama-GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and leveraged exchange-traded funds, today announced that Cboe BZX Exchange, Inc. (the “Exchange”) has authorized the resumption of trading in shares of the Defiance Daily 2X Space ETF (Cboe BZX: SPCL), following the temporary trading halt initiated by the Exchange on June 12, 2026.

The temporary halt was the result of the Exchange exercising its broad discretionary authority to halt trading in a listed ETF, as authorized by Exchange rules. The Exchange has now exercised that same authority to lift the halt and permit trading in SPCL shares to resume.

Upon resumption, shares of SPCL may again be bought and sold on the secondary market during regular market hours. Throughout the temporary halt, the underlying portfolio assets remained secure and were not impacted by the halt of trading initiated by the Exchange.

For real-time updates on the status of SPCL, please monitor the Exchange’s Issuer Portal (SPCL) or contact your financial advisor.

For full fund details, the prospectus, holdings, and performance current to the most recent month-end, visit defianceetfs.com/spcl or call 833.333.9383.

An investment in SPCL is not a direct investment in the underlying securities. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. The Fund pursues daily leveraged investment objectives, which means it is riskier than alternatives that do not use leverage. The Fund magnifies the performance of the Target Portfolio and is designed strictly for short-term use. For periods longer than a single day, the Fund’s performance will be the result of compounded daily returns, which is very likely to differ from 200% of the return of the Target Portfolio over the same period. It is possible that investors could lose their entire principal within a single trading day.

Important Disclosures

Defiance ETFs LLC is the ETF sponsor. The Fund’s investment adviser is Tidal Investments LLC (“Tidal” or the “Adviser”).

The Fund’s investment objectives, risks, charges, and expenses must be considered carefully before investing. The prospectus and summary prospectus contain this and other important information and can be obtained by calling 833.333.9383 or by visiting defianceetfs.com/spcl. Please read the prospectus and summary prospectus carefully before investing.

An investment in the Fund involves a high degree of risk. An investor could lose the full principal value of his or her investment within a single day.

Strategy and Reconstitution Risk. The Fund is actively managed and, per its recently amended Prospectus, may reconstitute its portfolio to consist of exposure to a single Space Company security in response to a “Material Space Event” – defined to include an initial public offering of a company, such as SpaceX, which the Adviser determines to be a significant participant in the space economy. SpaceX’s IPO, a Material Space Event, will result in the Fund holding all or a predominant portion of its portfolio in instruments providing exposure to SpaceX shares, subjecting existing and future Shareholders to a substantially more concentrated and potentially more volatile investment portfolio due to such an event. Fund investment results following a reconstitution in response to a Material Space Event may differ materially from prior results and the Fund may as a result temporarily deviate from its daily targeted exposure level. The Fund’s prospectus does not require the Adviser to provide advance notice before a reconstitution; however, the Fund’s Target Portfolio is published daily on its website at www.defianceetfs.com/spcl.

An investment in the Fund is not an investment in SpaceX. The Fund seeks to obtain exposure to SpaceX Class A common stock, and to other Space Company securities, through derivatives, not by holding the underlying securities directly. Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security.

Focused Portfolio and Concentration Risk. The Fund may seek exposure to one or a limited number of Space Company securities, including SpaceX. Given the Fund’s exposure is concentrated in a one or a limited number of underlying stocks, such as SpaceX, the Fund is subject to the price movements, business results, regulatory developments, and other risks specific to SpaceX or other Space Companies. The Fund is significantly less diversified than traditional ETFs, and its performance is more volatile than a fund seeking exposure to a broader market sector or seeking to track a broad-based securities index.

Leverage, Compounding and Daily Reset Risk. The Fund seeks daily investment results equal to 200% of the daily performance of a Target Portfolio consisting of one or a limited number of Space Company securities, which may include or consistent entirely of SpaceX Class A common stock due to the Material Space Event. The Fund obtains exposure in excess of its net assets through leverage, which magnifies both gains and losses. The Fund’s returns over periods longer than a single day will likely differ, in amount and possibly direction, from its stated daily target. For periods longer than a single day, the Fund will lose money if its Target Portfolio performance is flat, and it is possible that the Fund will lose money even if its Target Portfolio’s performance increases. The Fund is intended for short-term use and is not appropriate for investors who do not intend to actively monitor and manage their portfolios.

Newly Public Company Risk. SpaceX has recently completed, or is in the process of completing, its initial public offering. The first day of trading in a newly public company’s securities frequently involves extraordinary market activity and may differ significantly from subsequent trading days. For example, trading in SpaceX common stock may be characterized by substantial price volatility, rapid price movements, significant differences between the IPO price and the opening market price, wide bid-ask spreads, trading imbalances, limited liquidity, trading halts, and other market disruptions. These conditions may make it difficult for market participants to value SpaceX common stock and may contribute to significant fluctuations in the market price of the Fund’s Shares.

SpaceX-Specific Risks. The Fund’s exposure to SpaceX stock will subject it to risks specific to SpaceX, including its expected status as a controlled company with voting power concentrated in founder Elon Musk through Class B common stock (10 votes per share), the Fund’s dependence on Mr. Musk’s services and reputation, and the execution risk associated with unproven or novel technologies such as the Starship program, next-generation Starlink satellites, and orbital AI initiatives.

Initial Trading Day IPO Exposure Risk. The Fund expects to seek exposure to the performance of SpaceX common stock measured from the opening market price of SpaceX common stock on its first day of exchange trading. The Fund will not seek to provide exposure to the difference between the IPO offering price and the opening market price of SpaceX common stock. There can be no assurance that the Fund will be able to obtain, maintain, or rebalance its desired level of exposure to the performance of SpaceX common stock during its in initial day of trading.

Derivatives Capacity Constraints Risk. Because SpaceX will be a newly public company, the markets for swap agreements, options contracts, and other instruments that the Fund may use to obtain leveraged exposure may be limited, illiquid, volatile, costly, or unavailable. Counterparties may impose exposure limits, exchanges may impose position limits or other restrictions, and market participants may be unwilling or unable to provide the Fund with the desired level of exposure. These constraints may increase tracking error, cause the Fund to return substantially less than its desired daily leveraged exposure to the performance of SpaceX stock, or prevent the Fund from achieving its investment objective. These risks may be particularly pronounced during the period immediately following an IPO, when trading volumes, liquidity conditions, derivatives availability, counterparty capacity, price discovery, and market volatility may be highly uncertain.

Derivatives and Non-Diversification Risk. The Fund uses swap agreements and/or listed options contracts to obtain economic exposure to its Target Portfolio securities, which are subject to counterparty, liquidity, valuation, correlation, and leverage risks, as well as the risk that a derivative will not perform as expected. The Fund is classified as non-diversified and may invest a larger portion of its assets providing exposure to a single issuer.

Tax Risk. The Fund’s use of swaps and other derivatives may produce taxable income, including ordinary income and short-term capital gains, which are generally taxable at higher rates than long-term capital gains.

Past performance does not guarantee future results. Fund holdings and exposures are subject to change at any time and should not be considered recommendations to buy or sell any security.

Defiance Daily 2X Space ETF is distributed by Foreside Fund Services, LLC.

About Defiance ETFs

Founded in 2018, Defiance is a leading ETF issuer specializing in thematic, income, and leveraged ETFs. Our first-mover leveraged single-stock ETFs empower investors to take amplified positions in high-growth companies, providing precise leverage exposure without the need to open a margin account.

Media Contact: Brenda Hentschel | bhentschel@gregoryagency.com | 201.705.3758

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5a5c0544-ce9e-448b-8fc2-3ed279f10583 

SOURCE: Defiance ETFs

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.

Monday, June 15, 2026

Analyzing the Progress of Malaysia RMO (DAX) License Application for SKHTU Exchange

 


DENVER, June 15 (Bernama-GLOBE NEWSWIRE) -- The news came from Kuala Lumpur that as the digital asset regulatory framework in Malaysia continues to improve, SKHTU Exchange is conducting further preparations regarding its local RMO (DAX) license application. Unlike previous efforts that focused on building an international compliance system, this move in the Malaysian market is more directed toward localized operations, regional service adaptation, and business implementation in Southeast Asia.

SKHTU Exchange has completed the preliminary documentation for the Malaysian RMO (DAX) license and has begun liaising with local regulatory authorities. The preparatory work is not limited to the application documents themselves but also includes the platform operational structure, user service processes, risk response mechanisms, and the basic configurations required for future business operations in the region.

Under the regulatory environment of Malaysia, digital asset platforms must not only demonstrate their capability for compliant operations but also show their ability to adapt to local market characteristics. To this end, SKHTU Exchange is advancing localization adjustments in multilingual services, regional customer support response, and user identity verification processes to reduce potential execution costs arising from cross-regional operations.

From the perspective of the local market, Malaysia has experienced relatively rapid development in digital finance in recent years, with younger users showing increasing attention to digital assets, stablecoins, and cross-border asset allocation. For international trading platforms, entering the Malaysian market is not simply a matter of replicating existing business models; rather, it requires redesigning certain operational processes based on the local user structure, trading habits, and regulatory requirements.

During the process of advancing the RMO (DAX) license, SKHTU Exchange has also prioritized user risk identification in Southeast Asia. The platform is adjusting its transaction monitoring rules based on the characteristics of the regional market to improve the efficiency of risk handling in subsequent local operations. In addition to the risk control and service system, SKHTU Exchange is also evaluating the business integration between the Malaysian market and the surrounding markets in Southeast Asia.

Currently, SKHTU Exchange has largely completed the preparatory work for its application for the Malaysian RMO (DAX) license, while localization operations are also being carried out simultaneously. For the platform, the Malaysian market is not merely a single license deployment but a crucial component of its business implementation in Southeast Asia. As the subsequent application process progresses, the actual operational capability of the platform in the local market will become a key focus for external observation.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b823e373-695b-46fb-9519-58da4fee0e07

Contact: Ridzuan-support@skhtu.org 

SOURCE: Skhtu Exchange Services Ltd

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.

MAVENIR RECEIVES GERMANY'S FIRST BSI NESAS CERTIFICATION FOR 5G NETWORK FUNCTION

KUALA LUMPUR, June 15 (Bernama) -- Mavenir, the software company building cloud-native, AI-by-design mobile networks, announced it has become the first tier-one telecommunications infrastructure software provider to receive Germany's BSI NESAS certification for a 5G Packet Core network function.

In a statement, the company said the certification was awarded for its Network Repository Function (NRF), confirming that the product meets security requirements for use as a critical component in public telecommunications networks in Germany.

Mavenir Senior Vice President, Operations, Omar Shahdad said the certification demonstrates the company's commitment to meeting stringent national cybersecurity requirements for 5G software and network infrastructure.

Meanwhile, Federal Office for Information Security (BSI) Head of Certification, Fabian Hodouschek said the certification marked an important step in strengthening the cybersecurity of Germany's mobile telecommunications networks.

He said the certification confirms that Mavenir's Network Repository Function, including its development and lifecycle processes, complies with the standards of the internationally recognised NESAS security framework.

According to Mavenir, the milestone follows the implementation of mandatory BSI NESAS certification requirements under Germany's Telecommunications Act and BSI Act, which took effect on Jan 1, 2026.

The certification was issued by Germany's BSI under the BSI NESAS certification scheme, which builds on the Global System for Mobile Communications Association (GSMA) Network Equipment Security Assurance Scheme (NESAS) framework.

The company said it is continuing certification of its broader Packet Core and IP Multimedia Subsystem (IMS) portfolio, with completion targeted by the third quarter of 2026 to support operators deploying compliant cloud-native network architectures.

-- BERNAMA

Wednesday, June 10, 2026

PENGERANG ENERGY COMPLEX AWARDS EPCC CONTRACT TO CNCEC

KUALA LUMPUR, June 10 (Bernama) -- Pengerang Energy Complex Sdn Bhd (PEC) has awarded the engineering, procurement, construction and commissioning (EPCC) contract for its Pengerang Energy Complex project in Johor, Malaysia, to China National Chemical Engineering Company Limited (CNCEC).

The award marks a key milestone for PEC as the project progresses through the final approval process with global export credit agencies and project finance lenders.

A PEC spokesperson said the award reflects the project’s continued progress towards construction and the company’s commitment to delivering a world-scale facility.

According to a statement, CNCEC was selected following a comprehensive evaluation of its technical expertise, financial strength and project execution capabilities.

As a global engineering and construction group, CNCEC brings extensive experience in large-scale energy and petrochemical projects, including familiarity with Honeywell UOP technologies that form part of the project's process design.

The collaboration is expected to strengthen the strategic partnership between PEC and CNCEC and support future cooperation on PEC’s planned energy and petrochemical developments.

PEC is developing the Pengerang Energy Complex in Johor, Malaysia, an integrated refinery and petrochemical project aimed at serving regional and international markets.

-- BERNAMA

Tuesday, June 9, 2026

Resident Evil Veronica to Launch in 2027!


Table

Resident Evil Veronica key art


– Capcom aims to further enhance the IP’s value by remaking a popular title of the series –


OSAKA, Japan, June 9 (Bernama-BUSINESS WIRE) -- Capcom Co., Ltd. (TOKYO:9697) today announced that Resident Evil Veronica, the latest title in the Resident Evil series, is scheduled for release in 2027.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260608994346/en/ 
 
The Resident Evil franchise features survival horror games in which players utilize a variety of weapons and other items to survive terrifying situations. Supported by a passionate global fanbase, cumulative game sales since the first title in this flagship series debuted in 1996 exceed 201 million* units.

Resident Evil Veronica is a remake of the original Resident Evil Code: Veronica, released in the year 2000. While preserving the appeal of the original, Capcom is developing the 2027 release as the latest installment of the Resident Evil series, with a reimagined story and high-quality graphics made possible by the company’s proprietary RE ENGINE. The company is steadily developing the game to satisfy both fans of the series and newcomers alike. The release date, along with further details, will be announced at a later date.

Capcom remains firmly committed to satisfying the expectations of all users by leveraging its industry leading game development capabilities in order to create highly entertaining gameplay experiences.

* As of March 31, 2026

ABOUT CAPCOM

Capcom is a leading worldwide developer, publisher and distributor of interactive entertainment for game consoles, PCs, handheld and wireless devices. Founded in 1983, the company has created hundreds of games, including groundbreaking franchises Resident Evil™, Monster Hunter™, Street Fighter™, Mega Man™, Devil May Cry™ and Ace Attorney™. Capcom maintains operations in the U.S., U.K., Germany, France, Hong Kong, Taiwan, Singapore and Tokyo, with corporate headquarters located in Osaka, Japan. More information about Capcom can be found at https://www.capcom.co.jp/ir/english/

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260608994346/en/

Contact

Capcom Public Relations & Investor Relations Section
+81-6-6920-3623

Source : Capcom Co., Ltd.

Saturday, June 6, 2026

​Walrus Pump unveils its pump technology lineup, making its entry into the AI Server Cooling market at 2026 Computex

Impressive track record, strategically positioned in AI Cooling Infrastructure


TAIPEI, Taiwan, June 3 (Bernama-GLOBE NEWSWIRE) --
As demand for high-performance computing (HPC) and AI applications continues to grow rapidly, Taiwan's industrial cooling Industry is becoming critical in the AI Era, in which requirements for thermal and liquid cooling systems, in terms of stability, power efficiency, and space integration, are becoming increasingly stringent. A Taiwan-based leading professional brand providing comprehensive pump solutions, Walrus Pump (6982), will participate in Computex 2026 from June 2–5, showcasing its technical capabilities in the liquid cooling solutions. 

Taiwan possesses the world's most complete ICT supply chain, spanning semiconductors, servers, and liquid cooling technology, and has become a critical pillar in the global development of AI data centres. With professional fluid control technology at its core, Walrus Pump continuously enhances its system integration capabilities and R&D capacity, accelerating the advancement of pump applications in the AI era. 

A critical enabler of stable operation, showcasing the brand's technical strength.

Servers and data centres operate under high load for extended periods, placing extremely demanding requirements on the quality and reliability of pumps within liquid cooling systems. In this regard, Walrus Pump has successfully established itself in this industry supply chain, building a proven track record of collaboration with major international manufacturers as well as leading module and system integrators, making it a key enabler of stable server operation. Walrus Pump aims to deepen collaborative relationships within the industry to jointly capture the emerging business opportunities of the next-generation AI era. 

Walrus Pump's cumulative consolidated revenue for 2025 reached NT$1.618 billion, with gross profit of NT$390 million. In Q1 2026, cumulative consolidated revenue hit a record high of NT$483 million, reflecting continued overall operating growth.

High efficiency and energy savings, comprehensively meeting the thermal management needs of liquid cooling circulation system.

Walrus Pump offers modular customisation services, assisting clients with space optimisation and system integration, delivering industry-leading performance in both energy efficiency and performance. Across different data centre architectures, Walrus Pump's full product range meets the thermal management needs of in-Row CDU, in-Rack CDU, and Immersion Cooling systems, and could in the future be extended into Microchannel Lid thermal technology end applications. Highlights of this year's exhibition:
 
  1. TPMS Multistage Centrifugal Pump: Incorporating Japan's exclusive IE5 ultra-thin motor technology, the overall dimensions are reduced by 50%. Optimised for in-Row CDU architectures, it features patented leak detection with real-time sensor monitoring.
  2. CMP DC Pump: In a standard 4U rack configuration, performance is 20% higher compared to competitors in the same class, tailor-made for in-Rack CDU applications.
  3. TPHK_P Immersible Pump: Designed for immersion cooling systems, featuring a patented drain back tank design to prevent coolant leakage and environmental contamination. Made from high-performance composite materials offering corrosion resistance and lightweight advantages, while reducing carbon emissions.
     
Through this exhibition, Walrus Pump showcases its new products, connects with potential liquid cooling thermal management manufacturers to capture end-client order growth, demonstrates its position as the first-choice domestic brand for liquid cooling pump solutions, and leverages this platform to enhance operational capacity and profitability. 

Building 'Comprehensive Pump Solutions', stepping onto the global stage.

From building and facility systems to AI data centre liquid cooling, and from wastewater discharge to high-efficiency circulation systems, Walrus Pump demonstrates its ambition to break into high-end applications, continuously responding to diverse market demands with innovative technology and reliable quality. The company's recently developed DC brushless motor (BLDC) technology is also set to launch, and with its strong application integration capabilities, Walrus Pump has firmly established itself as a key partner in the technology industry. Through its participation in Computex 2026, Walrus Pump looks forward to showcasing Taiwan's core industrial strength in pump technology and its value to the world. 

Press Contact:
Walrus Pump Chang, Teng-Hsi (02)2768-0189

SOURCE: WALRUS PUMP Co., Ltd.

--BERNAMA

Friday, June 5, 2026

Cloudflare Acquires VoidZero to Build the Future of the AI-Native Web



  • Acquisition brings Vite, the world’s leading JavaScript build tool, and its core open source team to Cloudflare
  • Cloudflare commits $1 million to an independent Vite ecosystem fund to support open source maintainers and contributors

SAN FRANCISCO, June 5 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced it has acquired VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite. The acquisition will unify VoidZero’s high-performance tooling — including the Vite build tool, Vitest test runner, Rust-based Rolldown bundler and Oxc toolchain — natively into the Cloudflare ecosystem. By merging Cloudflare’s global edge network and Workers developer platform with the modern web's industry-standard toolchain, Cloudflare is creating a frictionless, one-click deployment stack from local code straight to Cloudflare’s global network.

Application development is undergoing a fundamental shift. The rise of autonomous AI coding agents has ushered in an era of rapid application scaffolding where speed and local-to-production predictability are paramount. VoidZero’s toolchain, anchored by Vite, has emerged as the shared substrate for the web ecosystem, capturing over 130 million weekly downloads. The Cloudflare Vite plugin has reached 13.9 million weekly downloads — equivalent to more than 10% of Vite’s entire weekly volume — proving that developers are already choosing this combined stack for AI-coded applications.

"The best engineers I know are shipping more code than ever, and writing less of it by hand. AI is doing more of the typing — so everything around it has to keep up,” said Matthew Prince, co-founder and CEO of Cloudflare. "Evan and his team built Vite from scratch with the same philosophy we used to build Cloudflare: strip out the bloat and make it fast. Bringing them on board gives millions of developers, and the AI agents working alongside them, the fastest path from local code to our global network.”

VoidZero’s team of open source creators and Rust optimization specialists, led by widely recognized Vue.js and Vite creator Evan You, will join Cloudflare’s Emerging Technology and Incubation (ETI) organization. The team will continue to advance VoidZero's open source roadmap while accelerating deep integration with the Cloudflare Workers developer platform.

"Our mission at VoidZero has always been to eliminate the fragmentation and performance bottlenecks of the modern web stack," said Evan You, founder and CEO of VoidZero. "Cloudflare shares our obsession with speed and architectural purity. Joining forces allows us to keep the Vite ecosystem neutral, open, and vendor-agnostic, while giving us the resources and global infrastructure to supercharge the developer experience for millions of engineers worldwide."

By integrating VoidZero’s hyper-performant, Rust-based tooling directly into Cloudflare’s Workers developer platform, Cloudflare will unify the entire software development lifecycle. Developers and autonomous AI agents alike will be able to move from an idea to global production instantly via a native, pluggable vite deploy ecosystem. Through this acquisition, Cloudflare plans to drive a project-centric development paradigm, focusing on three core initiatives:
Unify the Developer Pipeline: Align the Cloudflare CLI natively with the seamless Vite workflow developers already love, bringing a frictionless end-to-end experience to every creator.
Enable Intent-Based Infrastructure: Evolve toward a workflow where a single Vite deploy command handles everything. If application logic declares a need for a database or an object store, a Vite application with Cloudflare integration will automatically detect that intent and natively provision Cloudflare resources like D1 or R2 — with no manual dashboard intervention required.
Maintain Open Source Steward Neutrality: Vite, Rolldown, Oxc, and Vitest will remain open source, vendor-agnostic and community-driven. Vite, Vitest, Rolldown, Oxc, and Vite+ will remain strictly open source under MIT licenses. Cloudflare is committing $1 million to a new independent Vite ecosystem fund to support community maintainers and contributors who are independent of both VoidZero and Cloudflare.

"At Lovable, we are empowering developers to build and deploy full-stack applications at unprecedented scale. An open and predictable toolchain is absolutely critical to that mission. As agents handle increasingly complex, real-time tasks, they require an underlying architecture that is performant and modular,” said Fabian Hedin, CTO and co-founder of Loveable. “By building our automated pipeline on Vite and leveraging its open ecosystem, we’ve been able to radically accelerate how AI agents generate, compile, and ship code. We have worked closely with the Cloudflare and VoidZero teams, and we’re excited to continue supporting and benefiting from the ecosystem they’ve helped create. Open-source infrastructure like Vite plays a critical role in the future of software development, and we’re encouraged to see its development remain independent and transparent.”

To learn more, please check out the resources below:
Cloudflare Blog: VoidZero is joining Cloudflare

About Cloudflare

Cloudflare, Inc. (NYSE: NET) is the leading connectivity cloud company. It empowers organizations to make their employees, applications and networks faster and more secure everywhere, while reducing complexity and cost. Cloudflare’s connectivity cloud delivers the most full-featured, unified platform of cloud-native products and developer tools, so any organization can gain the control they need to work, develop, and accelerate their business.

Powered by one of the world’s largest and most interconnected networks, Cloudflare blocks billions of threats online for its customers every day. It is trusted by millions of organizations – from the largest brands to entrepreneurs and small businesses to nonprofits, humanitarian groups, and governments across the globe.

Learn more about Cloudflare’s connectivity cloud at cloudflare.com/connectivity-cloud. Learn more about the latest Internet trends and insights at radar.cloudflare.com.

Follow us: Blog | X | LinkedIn | Facebook | Instagram

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words such as “may,” “will,” “should,” “expect,” “explore,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “contemplate,” “believe,” “estimate,” “predict,” “potential,” or “continue,” or the negative of these words, or other similar terms or expressions that concern Cloudflare’s expectations, strategy, plans, or intentions. However, not all forward-looking statements contain these identifying words. Forward-looking statements expressed or implied in this press release include, but are not limited to, statements regarding the capabilities and effectiveness of Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the benefits to Cloudflare’s customers from using Cloudflare’s Workers developer platform and other products technology and VoidZero‘s products and technology, the timing of when Cloudflare’s Workers developer platform and VoidZero’s products and technology and or any of their related features will be fully integrated and generally available to all current and potential Cloudflare customers, the potential timing of the closing of Cloudflare’s acquisition of VoidZero, Cloudflare’s plans and objectives for, and the timing of, the integration of VoidZero’s products and technology into Cloudflare’s Workers developer platform, Cloudflare’s technological development, future operations, growth, initiatives, or strategies, and comments made by Cloudflare’s CEO and others. Actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in Cloudflare’s filings with the Securities and Exchange Commission (SEC), including Cloudflare’s Quarterly Report on Form 10-Q filed on May 8, 2026, as well as other filings that Cloudflare may make from time to time with the SEC.

The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Cloudflare undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. Cloudflare may not actually achieve the plans, intentions, or expectations disclosed in Cloudflare’s forward-looking statements, and you should not place undue reliance on Cloudflare’s forward-looking statements.

© 2026 Cloudflare, Inc. All rights reserved. Cloudflare, the Cloudflare logo, and other Cloudflare marks are trademarks and/or registered trademarks of Cloudflare, Inc. in the U.S. and other jurisdictions. All other marks and names referenced herein may be trademarks of their respective owners.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20260604108073/en/

Contact

Cloudflare, Inc.
Daniella Vallurupalli
Vice President, Head of Global Communications
press@cloudflare.com

Source : Cloudflare, Inc.

--BERNAMA

Bitget Rolls Out Stocks 2.0, Linking Tokenized Equities to Real U.S. Market Liquidity



VICTORIA, Seychelles, June 5 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's leading Universal Exchange (UEX), has announced the launch of Bitget Stocks 2.0, an upgraded tokenized stock spot product designed to improve liquidity, asset transparency, and capital efficiency for tokenized equity trading.

The product is issued by Reality, a licensed RWA issuance platform, powered by Bitget's strategic support, trading access, and asset security within its ecosystem.

The upgrade is built around three product improvements: deeper stock market liquidity, 1:1 economic mapping of the underlying stock asset, and broader use of stock tokens within Bitget's margin, strategy, and yield ecosystem. Stock 2.0 is designed to connect tokenized stock trading with real equity market liquidity from global channels. This gives users a stock spot trading experience with deeper order books, lower trading friction, and faster execution directly inside the Bitget app.

The product also supports 1:1 asset mapping for eligible stock tokens. With direct stablecoin trading using USDT. Cash dividends are also converted into USDT and credited to users' accounts. Stock dividends are reflected in user balances, while corporate actions such as stock splits and reverse splits are mapped to token positions to keep economic exposure aligned with the underlying stock.

Stock 2.0 also expands the role of tokenized equities inside Bitget's ecosystem. Eligible stock tokens can be used within unified account and margin systems, and can be connected to supported tools such as spot grid, futures grid, copy trading, and selected yield products. This gives users more ways to manage capital while maintaining exposure to worldwide equity assets.

"Tokenized equities are the bridge crypto is building between global markets," said Gracy Chen, CEO at Bitget. "By 2030, we could see over 10% of global financial assets to be tokenized, which will be fueled by platforms built by access, depth, and compliance. As of today, we have successfully shipped the requirements being built for that future."

As compared to existing RWA products on platforms Bitget offers the most competitive fees in the market. The base rate is 0.1%, while the Maker/Taker fees is the same as VIP, a fixed fee of 0.05% with BGB offers and zero friction costs making it the most cost-effective route to trade stocks.

The launch builds on Bitget's early lead in tokenized equity trading, from tokenized stocks and ETFs to stock futures, and pre-IPO.

Bitget ranks amongst the first major crypto exchanges to support tokenized equities, in January 2026, the platform's cumulative tokenized stock spot volume had surpassed $1 billion, while it accounted for approximately 89% of Ondo-issued tokenized stock trading volume in December 2025. Its stock futures also crossed $10 billion in cumulative trading volume, making it a pioneer in the Universal Exchange model.

The first batch of Bitget Stocks 2.0 includes 36 newly listed stock-linked assets, covering major equities and ETFs such as Apple, Amazon, Meta, Tesla, Alphabet, NVIDIA, Microsoft, and QQQ. Availability is subject to user jurisdiction and applicable eligibility requirements.

To learn more about Bitget Stocks 2.0, please visit here.

About Bitget

Bitget is the world's largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 100+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships with LALIGA and MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry's lowest fees and highest liquidity across 150 regions worldwide.

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

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

Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to buy any security or financial product. The products described herein are not offered to US Persons (as defined under Regulation S of the US Securities Act of 1933) or in the United States, and may not be available in all jurisdictions. Eligibility is subject to applicable laws and Bitget's compliance requirements.

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. Forward-looking statements in this release reflect current expectations and are subject to risks and uncertainties. Actual results may differ materially. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/20237cbc-c3c7-4f0a-a457-5336efc955d2

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.

--BERNAMA

Shipping industry expo in China's Tianjin highlights AI opportunities

TIANJIN, China, June 5 (Bernama-GLOBE NEWSWIRE) -- The 4th Tianjin International Shipping Industry Expo (TISIE) opened in north China's Tianjin Municipality on June 2, was organized by Zhenwei International Exhibition Group, showcasing growing AI opportunities in the shipping industry.
Themed shipping to the world and navigating towards the future with AI leading new opportunities for the development of ports and shipping, the four-day expo covered fields such as green shipping, maritime equipment, logistics services and more. It aimed to promote global shipping cooperation, industry investment, and trade exchange.

Xu Kai, chief information officer of Shanghai International Shipping Institute, said that China has built the world's largest network of automated container terminals, with notable breakthroughs in unmanned shore cranes, intelligent guided vehicles and automated yards.

"Terminal equipment should not only operate efficiently but also perform regional dynamic optimization based on real-time fluctuations in vessel arrivals, sudden weather changes and instantaneous cargo flow surges," Xu said. "This requires AI to evolve from executing commands to autonomous reasoning, and from single-machine intelligence to group collaboration."

Waqas Samad, CEO of Lloyd's List Intelligence, said that with the world's largest fleet, and as the world's biggest shipbuilder and producer of shipping containers, China plays a key role in today's shipping landscape. But more importantly, China represents something significant about the future of shipping, not just scale and infrastructure, but the combination of connectivity, technology and intelligence.

"AI will reshape our industry in practical and powerful ways," said Thomas Sim, President of the International Federation of Freight Forwarders Associations.

He noted that AI should empower freight forwarders, not replace their professional judgment; enhance human capability, not remove accountability; and strengthen the role of freight forwarders as trusted logistics architects, not reduce them to platform users.

Feng Boming, vice president of China Merchants Group Limited, said that AI was evolving from a conversational assistant that supports decision-making and improves efficiency to an action-oriented intelligent agent capable of autonomously understanding intentions, invoking tools and executing specific tasks.

"However, greater autonomy also entails greater security responsibilities," Feng said. "We must clearly recognize that behind AI's empowerment of thousands of industries, various new types of security risks and governance challenges continue to emerge, posing entirely new challenges to the orderly development of the industry and the safe operation of the sector."

Zhenwei International Exhibition Group
Xuexia Zhang
xuexia@zhenweiexpo.com
https://zhenweiexpo.com
Tianjin

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb6ee53a-e66b-427a-b116-4cfdd7b41a55

SOURCE: Zhenwei International Exhibition Group

--BERNAMA

Wednesday, June 3, 2026

SKHTU Obtains US SEC License, Ushering in a New Era of Crypto Compliance

DENVER, June 3 (Bernama-GLOBE NEWSWIRE) -- As global crypto market regulatory systems become increasingly sophisticated, compliance has become an inevitable trend for trading platform development. SKHTU Exchange recently announced its official acquisition of an operating license from the US Securities and Exchange Commission (SEC), making it one of the few compliant trading platforms meeting US securities regulatory standards. This milestone marks a significant breakthrough in the SKHTU compliance framework and lays a solid foundation for its global strategy.

The SEC, as the most authoritative financial regulator worldwide, sets licensing standards covering asset custody, investor protection, information disclosure, and anti-money laundering (AML), among other stringent requirements. Obtaining this certification means the platform must achieve the same standards as traditional securities markets in operational transparency, fund security, and compliance governance.

With the SEC license, SKHTU Exchange can provide legitimate trading services in the US and other regulated markets, covering spot, derivatives, asset management, and RWA (real-world asset) business areas. This gives the platform higher market access qualifications and provides institutional clients and multinational investors with a secure, regulation-compliant investment environment.

The SKHTU Exchange compliance team stated: “Obtaining the SEC license is not only a breakthrough in compliance, but also represents our long-term commitment to global users. Regulatory involvement is not a restriction, but the starting point for trust. We aim to provide reliable financial services for investors with a higher-standard regulatory framework.”

Industry experts believe that the SEC license is a key sign of crypto trading platforms entering the institutional stage, enabling platforms to play a deeper role in capital markets and providing a legal foundation for RWA tokenization, compliant issuance of financial derivatives, and cross-border asset allocation. As global regulatory consensus forms, platforms with SEC qualifications will have significant advantages in future market competition.

This milestone symbolizes a critical leap in the compliance landscape of SKHTU Exchange. From the crypto ecosystem to traditional finance, SKHTU uses compliance as a bridge to build safe and sustainable digital financial infrastructure, offering global users a more robust investment environment.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8505d29a-d3fe-4f9f-8ef3-e5ce250001b5

Contact: Ridzuan-support@skhtu.org

SOURCE: Skhtu Exchange Services Ltd

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.

--BERNAMA