Bitget Challenges Major Exchanges with its Universal Exchange Model, Report with Animoca Brands Highlights

VICTORIA, Seychelles, Sept 30 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX), has been highlighted in a new Animoca Brands report, "Exchanges' Next Phase: Reaching the Mainstream," which examines how exchanges will evolve into the primary gateways to the on-chain economy. The report highlights Bitget’s UEX concept as a leading example of how centralized platforms are expanding beyond crypto trading into tokenized assets and real-world financial integration.

Centralized exchanges have already played a pivotal role in crypto adoption, evolving from simple OTC upgrades into multi-layered financial platforms. The joint report notes that while centralized venues still account for the majority of liquidity, the next phase of adoption will hinge on whether exchanges can extend beyond trading to become integrated gateways for payments, DeFi, and tokenized assets. It highlights Bitget's positioning within this shift, emphasizing how UEX could reshape participation in both retail and institutional markets.

Bitget's UEX strategy is already evident in its product innovations, which align with the report's findings, showing a growing demand for hybrid models. Features such as AI-powered trading with GetAgent, Onchain integration for early-stage token access, and stock futures, echo the report's conclusion that the exchanges that thrive will be those that seamlessly connect trading, investing, and real-world utility under one platform.

"Our vision is clear, exchanges can no longer be just trading venues. They must serve as bridges, giving users a simple yet powerful way to move between centralized and decentralized worlds," said Gracy Chen, CEO at Bitget. "The UEX model represents this future, and this report reinforces why we are confident it is the right path."

Animoca Brands underscored the significance of this evolution. "The report shows how exchanges like Bitget are evolving from liquidity hubs into cultural and financial gateways for the entire ecosystem," said Ming Ruan, Head of Research and Data at Animoca Brands. "It's a shift that brings together gaming, payments, identity, and tokenized assets, creating an onchain world that is both accessible and scalable."

The report emphasizes that the exchanges best positioned to lead will be those that build credibility with institutions while keeping pace with retail adoption through culturally relevant activations and simplified user experiences. Bitget's move to UEX aligns with this trajectory, taking partnerships and innovations to a new level and setting the standard for how exchanges can operate as true universal gateways.

For the full report, visit here.

About Bitget

Established in 2018, Bitget is the world's largest Universal Exchange (UEX). Serving over 120 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 providing real-time access to Bitcoin, Ethereum, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial cryptocurrency wallet that supports over 130 blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is 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 markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

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 allocate funds only to what 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/293bfd1b-437e-43e2-a78e-efc1813c418d

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

KiddeFenwal To Showcase Cutting-Edge Fire Suppression Solutions At Global Data Centre Events

KUALA LUMPUR, Sept 29 (Bernama) -- KiddeFenwal, the global leader in the fire suppression and safety controls industry, is set to showcase its latest, most innovative solutions to numerous prestigious events for data centre professionals worldwide.

The company will exhibit at major data centre conferences, including DCD Connect LATAM in Cancún, Mexico (Sept 30 to Oct 1), Data Center World Asia in Singapore (Oct 8 to 9), and Data Center World Madrid (Oct 29 to 30). These events focus on technological advances, sustainability, and tailored solutions for data centre operations.

KiddeFenwal will showcase clean agent systems that have demonstrated the ability to significantly enhance fire detection and suppression for data centres while mitigating the potential for serious damage to extremely expensive and difficult-to-replace artificial intelligence (AI) infrastructure by high-volume large-droplet water systems.

“Clean agent fire suppression systems represent the future for fire protection for data centres, which are seeing elevated risk as their energy loads increase with AI demand.

“We are proud to offer the most cutting-edge clean agent systems available—solutions that are being championed by a growing number of data centre professionals,” said KiddeFenwal Chief Executive Officer, Rekha Agrawal in a statement.

In addition to data centre events, KiddeFenwal will also attend a number of conferences for fire industry professionals, including Intersec Saudi Arabia in Riyadh (Sept 29 to Oct 1) and Fire Expo LATAM in Medellín, Colombia (Oct 1 to 2).

-- BERNAMA

AI TAKES THE WHEEL: 96 PCT ENTERPRISES NOW EMBEDDING AI INTO CORE OPERATIONS

KUALA LUMPUR, Sept 26 (Bernama) -- Cloudera’s new global report, The Evolution of AI: The State of Enterprise AI and Data Architecture, reveals that 96 per cent of information technology (IT) leaders have integrated artificial intelligence (AI) into their core business processes, up from 88 per cent just a year ago.

This indicates that AI has gone from experimentation to full integration in core processes and workflows, with a striking 70 per cent of organisations reporting significant success from AI initiatives, with only one per cent yet to benefit.

Drawing insights from over 1,500 IT leaders worldwide, the 2025 report examines how AI adoption has accelerated, enterprise data architectures have evolved and new challenges have emerged around securely scaling AI in 2025.

Building on Cloudera’s 2024 study, the report highlights how priorities, obstacles, and goals have shifted in just one year, offering a snapshot of the rapidly changing enterprise AI landscape, exposing that the future will be driven by AI, and AI is fuelled by all data anywhere the data resides.

Cloudera Chief Technology Officer, Sergio Gago in a statement that AI has shifted from a strategic priority to an urgent mandate, adding that innovations like private AI and GPU-powered generative AI behind firewalls are key to this shift.

“But many enterprises are still stuck at the proof-of-concept stage. Cloudera’s mission is to bring AI to all data wherever it resides, with full governance and trust,” he said.

Companies are embracing multiple forms of AI to drive those outcomes, with 60 per cent of enterprises using generative AI, 53 per cent leveraging deep learning, and 50 per cent utilising predictive models. Confidence in diversifying AI is also rising, with 67 per cent of leaders feeling better equipped, especially with emerging AI agents.

Hybrid data architecture is now the standard. Companies are blending cloud and on-premise systems to enhance security (62 per cent), data management (55 per cent), and analytics (54 per cent). Still, challenges persist as data integration and accessibility remain major hurdles, with only nine per cent saying all their data is AI-ready.

The survey debuted at EVOLVE25 NYC, Cloudera’s flagship event series showcasing innovations at the intersection of AI and data.

-- BERNAMA

ASANA UNVEILS AI TEAMMATES TO SUPERCHARGE HUMAN-AI COLLABORATION AT WORK

KUALA LUMPUR, Sept 26 (Bernama) -- Asana, a work management platform for human and artificial intelligence (AI) collaboration, has launched AI Teammates, collaborative agents that understand the context of all work across an organisation and how that work gets done.

These AI agents are not just chatbots with tasks; they are integrated collaborators that learn, adapt, and operate within the broader context of how your business runs.

This comes as research shows 70 per cent of autonomous agents fail at basic tasks, not due to a lack of AI power, but a lack of context.

Asana in a statement said it is fixing that by embedding AI Teammates directly into its Work Graph, giving them memory, structure, and visibility across teams.

“Everyone is building autonomous agents, but autonomy is the wrong goal. Agents can only collaborate effectively with humans if they have access to the company’s operational framework or ‘blueprint’ of who is doing what by when, how, and why.

“Importantly, our approach also gives humans control over how agents access data and consume resources,” said Asana chief executive officer, Dan Rogers.

AI Teammates extend Asana’s existing AI capabilities, which include AI Studio, a no-code builder for AI-powered workflows that handle repeatable, routine tasks at high volume.

What sets AI Teammates apart is their deep understanding of team goals, workflows, and organisational structure, which allows them to operate with full context. They offer transparency through clear, traceable actions and give administrators control over data access, usage, and costs.

Already, these agents are making an impact across departments, from managing campaigns in marketing to streamlining information technology (IT) support, assisting product teams with bug tracking, and coordinating complex launches in operations.

AI Teammates are now available in beta, with general availability expected in the first quarter of fiscal year 2027.

-- BERNAMA

CLOUDERA EXPANDS AI ECOSYSTEM WITH STRATEGIC NEW PARTNERS

KUALA LUMPUR, Sept 26 (Bernama) -- Cloudera announced the expansion of its Enterprise AI Ecosystem with four new strategic partnerships designed to deliver complete, production-ready artificial intelligence (AI) solutions for enterprises worldwide.

This initiative brings together industry leaders to offer a complete suite of solutions that address enterprises’ most pressing AI needs, end-to-end, according to Cloudera in a statement.

As organisations rapidly evolve in their AI maturity, from retrieval-augmented generation (RAG) and copilots to predictive engines, AI-driven automation, and intelligent agents, Cloudera is helping them move beyond experimentation to embed AI into core business operations.

Its AI-powered lakehouse provides a unified foundation for scalable, governed, and secure AI deployment across structured and unstructured data.

“The Enterprise AI Ecosystem has become a cornerstone of our strategy to help large enterprises navigate the complexities of AI adoption.

“Our newest partners bring specialised capabilities that directly address the biggest challenges our customers face today,” said Cloudera Chief Strategy Officer, Abhas Ricky.

Cloudera’s four newly announced partners bring complementary strengths to its expanding Enterprise AI Ecosystem. ServiceNow brings powerful workflow automation to the table, integrating its platform with Cloudera’s data foundation to enable seamless, real-time access to enterprise data without duplication.

Meanwhile, Fundamental offers a predictive AI engine tailored for structured enterprise data without the need for manual tuning, while Pulse provides advanced document processing to convert unstructured content into large language model (LLM)-ready data. Rounding out the lineup, Galileo.ai introduces robust AI observability tools that monitor model performance, detect drift, and ensure reliability at scale.

These partnerships add to Cloudera’s growing AI ecosystem, which already includes NVIDIA, Amazon Web Services (AWS), Pinecone, Google Cloud, Anthropic, Snowflake, and CrewAI.

-- BERNAMA

CLOUDERA, DELL LAUNCH PRIVATE AI PLATFORM TO UNLOCK ENTERPRISE DATA

KUALA LUMPUR, Sept 26 (Bernama) -- Cloudera, the only company bringing artificial intelligence (AI) to data anywhere, announced the integration of Dell ObjectScale with its platform, unveiling a robust private AI solution built for scale, governance, and predictable economics.

Announced at Cloudera EVOLVE25, this collaboration provides joint customers with a fully validated and integrated data platform, allowing them to run all of Cloudera's compute engines directly against Dell ObjectScale storage.

“Bringing Dell ObjectScale together with Cloudera enables organisations to industrialise AI use cases using secure data, deploy them efficiently, and create smart agents, all with predictable economics and without hidden fees.

“Cloudera is uniquely positioned to unify governed enterprise data with AI services on modern storage, creating the only Private AI platform that combines governance, performance, and clear economics at an industrial scale,” said Cloudera chief strategy officer, Abhas Ricky.

Meanwhile, Dell Technologies senior vice president, ISG Product Management, Travis Vigil said the collaboration reflected its shared commitment to giving customers more flexibility in managing and scaling their data.

“With Dell ObjectScale now integrated with Cloudera, we are helping customers bring storage and AI closer together to empower smarter, faster decision-making that drives business growth,” added Vigil.

Cloudera in a statement said it has collaborated with Dell Technologies to allow joint customers to store all their data–structured and unstructured–in one place and access it quickly and securely.

In addition, the collaboration allows Cloudera users to leverage Dell ObjectScale as an S3-compatible object store for AL workloads with Cloudera AI Workbench, Inference Service and Agent Studio.

The combination of Dell Technologies's leadership in AI infrastructure with Cloudera's secure data platform and AI tools creates a complete private AI system, offering significant business value.

-- BERNAMA

CLOUDERA SUPERCHARGES DATA LAKEHOUSE WITH ICEBERG UPGRADES FOR AI ANYWHERE

KUALA LUMPUR, Sept 26 (Bernama) -- Cloudera has announced updates to its platform, specifically Cloudera Iceberg REST Catalog and Cloudera Lakehouse Optimizer, to strengthen its commitment to delivering the best open data lakehouse powered by Iceberg.

Cloudera Chief Product Officer, Leo Brunnick said the company pioneered the Big Data industry and remained a leading platform provider who continues to invest in making the Apache Iceberg open table format enterprise-ready.

“With today’s news, we continue to deliver on the promise of flexibility, scalability, and uncompromised insights when and where you need them the most. That commitment is why the world’s largest organisations rely on Cloudera to bring AI to their data, wherever it lives,” added Brunnick in a statement.

With these updates, Iceberg REST Catalog provides the open interoperability needed to share data seamlessly, while Lakehouse Optimizer will help to ensure data is always optimised and cost-effective for all engines accessing the data, all under Cloudera’s unified governance and security.

Cloudera is the first and only provider to integrate the Iceberg REST Catalog across a full-lifecycle data and AI platform, enabling secure, zero-copy data sharing and unified governance across any cloud or data centre.

The company’s new offering solves these challenges by integrating the Iceberg REST Catalog into its platform, allowing third-party engines to access Cloudera-managed data directly and ensuring consistent policy enforcement and metadata intelligence in public clouds, data centres, and the edge.

Meanwhile, the Cloudera Lakehouse Optimizer will deliver automated optimisations and table maintenance for Apache Iceberg within Cloudera's lakehouse, offering advanced, intelligent optimisations that go beyond basic table maintenance, including tasks like rewriting manifest and position delete files.

By intelligently optimising tables, it eliminates the need for manual data management tasks and operational costs, allowing customers to focus on extracting insights from their data.

-- BERNAMA

BRAZILIAN LEGAL PRODIGY RAISES US$35 MLN TO TACKLE COUNTRY’S LITIGATION CRISIS WITH AI

KUALA LUMPUR, Sept 25 (Bernama) -- Brazil’s legal system is overwhelmed by volume, burdened by close to 80 million active lawsuits—a figure eight times higher than in the United States, especially in labour-related claims costing companies billions annually.

In response to this crisis, Brazil’s youngest-ever practising lawyer, Mateus Costa-Ribeiro, has launched Enter, an artificial intelligence (AI)-powered litigation management platform that just raised US$35 million in Series A funding at a US$350 million valuation, marking the largest AI-focused investment in Latin America to date. (US$1=RM4.21)

Enter's round was co-led by Founders Fund and Sequoia Capital, signalling growing global investor confidence in Latin America’s enterprise AI potential.

Costa-Ribeiro, co-founded Enter after graduating from Harvard Law, passing the New York Bar at 20, and leaving a full scholarship at Stanford’s MBA programme. Alongside him are co-founders Michael Mac-Vicar, former Chief Technology Officer of Wildlife Studios, and Henrique Vaz, a Harvard peer and ex-Chief Marketing Officer at Wildlife.

“We have built a platform that already delivers direct cost savings for the largest enterprises in Latin America. Solving this in Brazil, the most complex legal ecosystem in the world, proves that our technology can scale globally,” said Costa-Ribeiro in a statement.

Enter’s AI agents support lawyers across the full lifecycle of a lawsuit, such as fraud detection, settlement recommendations, drafting defences, and interpreting rulings. Human lawyers then review and refine the AI’s output, hence producing faster and stronger results.

In 2025 alone, Enter expects to process more than 250,000 new cases, a figure that, to put it in perspective, is almost double the number of civil lawsuits filed each year in Japan.

Companies that rely on its platform earned higher win rates in court and millions of dollars in savings, with some of the clients including Brazil’s largest banks, such as Itaú and Santander, retail giants like Mercado Livre and global technology leaders like Nubank and Airbnb.

Enter is now expanding into complex labour disputes and developing predictive AI to recommend the most effective evidence, precedents and arguments, redefining how AI shapes legal strategy.

-- BERNAMA

Axi Select Celebrates Two Years with $400M+ in Trader Funding and Breakthrough Success Stories

SYDNEY, Sept 24 (Bernama-GLOBE NEWSWIRE) -- Axi Select, the pioneering trader development and funding program from global online trading broker Axi, is celebrating its second anniversary with a major milestone — surpassing $400 million in allocated trader funding and cementing its position as the industry’s most innovative prop-style broker-backed program.

Since launching in 2023, Axi Select has expanded to support thousands of traders worldwide across multiple regions. Its unique performance-based model has already seen more than five traders reach the ProM stage, each managing $1 million in funding, while its community of over 40,000 traders continue to progress through the program’s milestones.

Milestones at Two Years$400M+ in funding allocated to traders worldwide
Over $10M+ profit payouts
Five traders reaching the ProM $1M funding stage
A growing community of over 40,000 traders
Edge score performance analytics introduced, giving traders objective feedback on risk, consistency, and discipline
MT5 integration, expanding market access and trading tools
A New Standard for Trader Development

Axi Select has distinguished itself by removing the barriers and costs associated with traditional proprietary trading firms. There are no entry fees, rigid elimination challenges, or artificial timelines. Instead, traders grow through the program by demonstrating consistency, discipline, and skill in live markets.

“Over the past two years, we’ve built something truly different with Axi Select,” said Greg Rubin, Head of Axi Select. “Our focus is on giving traders a fair and transparent path to scale their careers. Seeing five traders already reach $1 million in funding is proof that with the right tools and support, incredible things are possible.”

Looking Ahead

In its third year, Axi Select plans to expand its trader support ecosystem through:Advanced performance analytics tools, building on the success of Edge score
Enhanced education and mentorship, helping traders build sustainable long-term careers
Ongoing platform innovation, delivering seamless integration across MT5 and Axi’s global infrastructure“At Axi Select, we’re not just funding trades — we’re helping traders grow into professionals,” Rubin added. “The last two years have laid a strong foundation, and we’re excited to see how far our traders can go in year three and beyond.”

About Axi

Axi is a global online FX and CFD trading company, trusted by thousands of customers in over 100 countries. Axi offers trading across multiple asset classes including Forex, Shares, Gold, Oil, and Commodities.

For more information about Axi Select, visit: https://www.axi.com/int/funded-trader-program

Media enquiries: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.

SOURCE: AxiTrader 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

Axi Select Celebrates Two Years with $400M+ in Trader Funding and Breakthrough Success Stories

SYDNEY, Sept 24 (Bernama-GLOBE NEWSWIRE) -- Axi Select, the pioneering trader development and funding program from global online trading broker Axi, is celebrating its second anniversary with a major milestone — surpassing $400 million in allocated trader funding and cementing its position as the industry’s most innovative prop-style broker-backed program.

Since launching in 2023, Axi Select has expanded to support thousands of traders worldwide across multiple regions. Its unique performance-based model has already seen more than five traders reach the ProM stage, each managing $1 million in funding, while its community of over 40,000 traders continue to progress through the program’s milestones.

Milestones at Two Years$400M+ in funding allocated to traders worldwide
Over $10M+ profit payouts
Five traders reaching the ProM $1M funding stage
A growing community of over 40,000 traders
Edge score performance analytics introduced, giving traders objective feedback on risk, consistency, and discipline
MT5 integration, expanding market access and trading tools
A New Standard for Trader Development

Axi Select has distinguished itself by removing the barriers and costs associated with traditional proprietary trading firms. There are no entry fees, rigid elimination challenges, or artificial timelines. Instead, traders grow through the program by demonstrating consistency, discipline, and skill in live markets.

“Over the past two years, we’ve built something truly different with Axi Select,” said Greg Rubin, Head of Axi Select. “Our focus is on giving traders a fair and transparent path to scale their careers. Seeing five traders already reach $1 million in funding is proof that with the right tools and support, incredible things are possible.”

Looking Ahead

In its third year, Axi Select plans to expand its trader support ecosystem through:Advanced performance analytics tools, building on the success of Edge score
Enhanced education and mentorship, helping traders build sustainable long-term careers
Ongoing platform innovation, delivering seamless integration across MT5 and Axi’s global infrastructure“At Axi Select, we’re not just funding trades — we’re helping traders grow into professionals,” Rubin added. “The last two years have laid a strong foundation, and we’re excited to see how far our traders can go in year three and beyond.”

About Axi

Axi is a global online FX and CFD trading company, trusted by thousands of customers in over 100 countries. Axi offers trading across multiple asset classes including Forex, Shares, Gold, Oil, and Commodities.

For more information about Axi Select, visit: https://www.axi.com/int/funded-trader-program

Media enquiries: mediaenquiries@axi.com

The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.

SOURCE: AxiTrader 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

World Nears Quarter Million Crypto Millionaires in Historic Wealth Boom

LONDON, Sept 23 (Bernama-GLOBE NEWSWIRE) -- The ranks of crypto millionaires have surged to an unprecedented 241,700 individuals worldwide, according to the newly released Crypto Wealth Report 2025 by international residence and citizenship advisory specialists Henley & Partners. That’s a remarkable 40% increase in just 12 months, fueled by a dramatic surge in Bitcoin millionaires — up 70% year-on-year to 145,100 holders — and a booming total market valuation of USD 3.3 trillion as of June 2025, a 45% jump from a year previously.

At the apex of the crypto wealth pyramid, the number of ultra-wealthy individuals is rising sharply: 450 centi-millionaires now control crypto portfolios worth USD 100 million or more, up 38% since last year, while the number of crypto billionaires has climbed to 36, an increase of 29%. This significant growth coincides with a watershed year for institutional adoption, highlighted by the first-ever cryptocurrencies launched by a sitting US President and First Lady.

Dominic Volek, Head of Private Clients at Henley & Partners, says the surge of crypto-wealth is forcing governments and wealth managers to confront a new reality. “Traditional finance assumes money has a home address — but cryptocurrency doesn’t. Geography is now optional. With just 12 memorized words, an individual can secure a billion dollars in Bitcoin, instantly accessible from Zurich or Zhengzhou alike.”

Wealth Without Borders

The shift towards Bitcoin as collateral rather than a speculative asset marks a critical evolution as Philipp A. Baumann, Founder of Z22 Technologies, points out in the report. “Bitcoin is becoming the foundation of a parallel financial system, where [it] is not merely an investment for speculation on fiat price appreciation, but the base currency for accumulating wealth.”

The philosophical implications of this shift are profound, according to Samson Mow, CEO of JAN3, illustrating the tension between traditional and digital money systems: “Over any long-time horizon, fiat currency has one destiny: infinity. Bitcoin, on the contrary, has the opposite: 21 million.” This fixed supply versus infinite expansion represents what Mow calls “the defining paradox of our age”, as governments grapple with a form of wealth that exists outside traditional monetary control.

The convergence of crypto wealth and global mobility is accelerating. Catherine Chen, Head of VIP & Institutional at Binance, observes that “this new, mobility-driven class of investors is increasingly turning to citizenship by investment programs as a strategic route to geographic and financial flexibility.”

Townsend Lansing, Head of Product at CoinShares, confirms the broader momentum: “Driven by favorable regulatory winds, institutional adoption has not only arrived — it is surging.” Dr. Guneet Kaur, senior editor at CCN.com agrees, adding that “CBDCs, digital forms of a nation’s legal tender, are being explored by over 100 economies, with 49 countries in the pilot stage as of July 2025. They promise cheaper and faster state-backed payments.”

Crypto-Friendly Jurisdictions

The Henley Crypto Adoption Index, a proprietary tool updated annually, benchmarks the world’s most crypto-friendly countries with investment migration programs. Drawing on more than 750 data points, it offers digital asset investors a clear overview of how these different jurisdictions with residence and citizenship by investment pathways are regulating and adopting cryptocurrency and blockchain.

The index evaluates 29 investment migration programs across six key parameters — Public Adoption, Infrastructure Adoption, Innovation and Technology, Regulatory Environment, Economic Factors, and Tax-Friendliness — enabling investors to identify jurisdictions that best match their priorities.

Singapore leads with exceptional scores across Infrastructure Adoption, Innovation and Technology, and Regulatory Environment. Hong Kong (SAR China) follows with robust Economic Factors and high Tax-Friendliness, while the USA boasts strong Public Adoption and Innovation and Technology metrics. Switzerland and the UAE round out the Top 5 performers, with the Emirates scoring a perfect 10 for Tax-Friendliness, with zero taxes on crypto trading, staking, and mining.

Malta and the UK also score highly overall, both offering sophisticated regulatory frameworks, while Canada, Thailand, and Australia complete the top tier with balanced strengths across multiple factors.

Luxembourg brings deep financial expertise to digital assets while Portugal rewards patient crypto investors — those holding over one year pay no capital gains tax. Austria applies securities tax frameworks to crypto, while Italy’s flat-tax regime for new residents includes foreign-sourced crypto gains. Monaco draws ultra-wealthy crypto holders with zero personal income tax.

St. Kitts and Nevis accepts cryptocurrency for citizenship applications, as does Antigua and Barbuda. Thailand recently announced a five-year capital gains exemption for crypto trading and Malaysia builds fintech capabilities through Digital Free Trade Zone initiatives. Mauritius, Costa Rica, El Salvador, Greece, Latvia, New Zealand, Panama, Türkiye, and Uruguay also have strategies to attract mobile digital asset investors.

Read the Full Press Release

Sarah Nicklin
sarah.nicklin@henleyglobal.com
+27 72 464 8965

SOURCE: HENLEY & PARTNERS GROUP HOLDINGS 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

CLOUDFLARE COMMITS TO HIRING 1,111 INTERNS, OFFERS FREE TOOLS TO US STUDENTS

KUALA LUMPUR, Sept 23 (Bernama) -- In a bold push to support the next generation of tech talent, Cloudflare Inc announced its plan to hire 1,111 interns in 2026 and offer one year of free developer tools to students across United States (US) universities—a move designed to counter a shrinking job market for young professionals in the age of artificial intelligence (AI).

“We founded Cloudflare during a financial crisis and doubled our intern numbers during the pandemic. Now, when getting a job out of school has never been harder, we are leaning in and offering a training ground for the next generation.

“While many companies see AI as a way to replace jobs, we see this next generation as key to unlocking AI’s full potential. There is a lot we can learn from interns who grew up building with AI as a first-class tool,” said its chief executive officer, Matthew Prince in a statement.

As AI continues to automate entry-level roles, the job outlook for new graduates is tightening. A Stanford study reports up to a 13 per cent decline in employment for 22- to 25-year-olds in roles most exposed to AI, such as software engineering. Meanwhile, tech internships have dropped 30 per cent since 2023, according to Handshake.

Cloudflare’s “Intern-et” initiative aims to reverse that trend. The company will place interns across global hubs—including Austin, San Francisco, New York, Bengaluru, Lisbon, and London—providing mentorship, leadership access, and real-world impact on products used by millions.

In addition, all US students with a .edu email can now get one year of free access to Cloudflare Workers, its serverless development platform, allowing them to deploy and experiment without upfront costs.

Cloudflare is also expanding support for startups. Beginning in 2026, early-stage builders will be able to co-work in Cloudflare offices on select days. The company has already provided US$370 million in credits to over 4,000 startups, helping them scale while saving on infrastructure. (US$1=RM4.18)

These initiatives mark Cloudflare’s most ambitious investment yet in early-career talent—building a future of the Internet that is more open, more diverse, and more hands-on.

-- BERNAMA

MONEYHERO SWINGS TO PROFIT IN Q2 2025 AS AI, HIGH-MARGIN VERTICALS DRIVE TURNAROUND

KUALA LUMPUR, Sept 22 (Bernama) -- MoneyHero Limited (MoneyHero), a personal finance aggregation and comparison platform, reported a net income of US$0.2 million for the second quarter (Q2) ended June 30, 2025 reversing a net loss of US$12.2 million in the same period last year. (US$1=RM4.20)

MoneyHero Chief Executive Officer, Rohith Murthy said the company had set out to reshape its business for durable, profitable growth, and the Q2 results reflected significant progress.

“Our product engine continues to deliver momentum. Car Insurance is scaling with real-time pricing and end-to-end digital journeys in Hong Kong and Singapore, while Travel Insurance has been streamlined to a three-click purchase flow, significantly lifting completion rates,” he added in a statement.

Murthy also noted that AI integration across MoneyHero’s customer journey, from approvals to yield optimisation, is reducing acquisition costs and improving service efficiency, all while keeping headcount flat.

Revenue for the quarter fell 13 per cent year-over-year (YoY) to US$18.0 million, largely due to a planned reduction in lower-margin credit card volumes. However, the Insurance and Wealth segments rose to 27 per cent of revenue, up from 22 per cent YoY, highlighting the shift toward recurring, high-value offerings.

In addition, its cost of revenue decreased by 34 per cent YoY to US$9.1 million from US$13.8 million, reducing to 51 per cent of total revenue from 67 per cent, while total operating costs and expenses, excluding net foreign exchange differences, dropped by 37 per cent to US$20.6 million from US$32.5 million, driven by multiple factors including optimised reward costs, cost-efficient advertising and marketing campaigns.

The company’s adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) loss narrowed by 79 per cent year-over-year to US$2.0 million in the second quarter of 2025 from US$9.3 million in the prior year period.

MoneyHero expects to achieve adjusted EBITDA profitability in late 2025, supported by AI implementation, an improved revenue mix, and operational efficiency gains.

Meanwhile, operationally, the platform saw 5.3 million monthly Unique Users and group membership grew 33 per cent YoY to 8.6 million. MoneyHero sourced 408,000 applications with 173,000 approvals in Q2.

Looking ahead, the company plans to grow its Insurance and Wealth mix to 30 per cent of revenue by year-end and expand its Credit Hero Club with TransUnion across markets.

-- BERNAMA

Axi Announces Retirement of Chief Commercial Officer Louis Cooper

SYDNEY, Sept 22 (Bernama-GLOBE NEWSWIRE) -- Axi, a leading global online trading and fintech company, today announces the retirement of Louis Cooper, Chief Commercial Officer. Louis will formally step down from his executive responsibilities at the end of September 2025 but will remain a shareholder and a valued part of the Axi family.

Since joining Axi in 2016, Louis has been instrumental in the company’s transformation from a regional trading firm to a globally recognised broker serving clients in more than 100 countries. As CCO, Louis led with a clear vision for commercial growth, operational excellence, and customer value — helping to position Axi as one of the most trusted and innovative brokers in the industry.

CEO Rajesh Yohannan praised Louis’ impact on the business, saying: “Louis has played an integral role in building Axi into the global brand it is today. While we will miss him, we are immensely grateful for his contributions and pleased that he will remain connected to Axi as a shareholder and ongoing supporter of our mission.”

Louis Cooper reflected on his time with Axi, saying: “It has been a privilege to be part of Axi’s remarkable journey. I am incredibly proud of what we have accomplished together. I leave knowing that Axi is in strong, capable hands, and I have absolute confidence in the Executive and Senior Management Team to take the company forward to even greater heights.”

Details of his successor and further leadership updates will be announced in due course.

About Axi

Axi is a global online trading company, trusted by tens of thousands of traders in over 100 countries. We offer award-winning customer support, market-leading technology, and a wide range of trading instruments including FX, CFDs, crypto-currencies, indices, and commodities.

Our purpose is to give our clients and partners an edge — through better technology, transparent pricing, powerful tools, and trusted service. As a partner to traders of all levels, we are committed to delivering transparency, integrity, and value in everything we do.

For more information about Axi visit : www.axi.com

Media Contact: media@axi.com

Promoted by AxiTrader Ltd. OTC Derivatives carry a high risk of investment loss. This content may not be available in your region. T&Cs apply.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/afbd257e-f16d-40cb-8d4e-32167789ec3c

SOURCE: AxiTrader 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

AI Uncovers Trillion-Barrel Potential In Existing Oil Fields, Says Wood Mackenzie

KUALA LUMPUR, Sept 19 (Bernama) -- Existing oilfields could supply up to one trillion barrels of crude through 2050 without major new discoveries, according to analysis by energy consultancy Wood Mackenzie.

Wood Mackenzie Senior Vice President of Energy Research, Andrew Latham said global liquids demand under the firm’s base-case Energy Transition Outlook scenario is estimated at just under one trillion barrels.

“Without upgrades to current development plans, today’s producing fields are set to fall short by almost 300 billion barrels. This deficit would rise by another 50 billion barrels under our delayed transition scenario,” he said in a statement.

The firm’s new Synoptic artificial intelligence (AI)-powered Analogues feature, which assesses oilfield performance using machine learning, shows existing fields have significant recovery potential. Early analysis suggests that applying established best practices could yield an additional 470 billion to over one trillion barrels.

National oil companies (NOCs) control nearly 70 per cent of the upside, operating fields with more than 320 billion barrels of potential under top-quartile recovery and 700 billion barrels on a best-in-class basis. Countries with the largest recovery potential include Iran, Venezuela, Iraq and Russia.

By comparison, major international oil companies hold just six per cent of global upside potential, reflecting already strong recovery performance in their fields.

“The future of oil supply will be increasingly onshore and NOC-operated,” Latham noted.

The analysis also highlights a mismatch between resources and expertise, with NOCs achieving recovery factors slightly below the industry average of 29 per cent, despite operating fields with potential for 39 per cent. This gap presents opportunities for partnerships with international oil companies and service providers.

Upside potential is concentrated in onshore and shallow offshore fields, which account for 94 per cent of best-in-class opportunities. Deepwater fields, generally operated by financially strong firms, offer less than six per cent of remaining upside.

Wood Mackenzie stressed that exploration will remain important but cannot close the supply gap. Since the 1980s, most new reserves have come from revisions to existing fields rather than fresh discoveries.

The consultancy also noted that nearly two trillion barrels remain in undeveloped greenfield resources, though only 10 per cent are considered commercially viable. Most are likely to remain stranded due to economic and technical challenges.

“Improved recovery factors will be essential to meeting future demand, as new discoveries alone will not offset the natural decline of supply,” said Latham, concluding that AI-driven analysis marks a significant step forward in understanding oilfield potential compared with traditional analogue methods.

-- BERNAMA 

MAVENIR BAGS FUTURENET ASIA AWARD WITH AI-POWERED FRAUD DEFENCE SOLUTIONS

KUALA LUMPUR, Sept 22 (Bernama) -- Mavenir, the cloud-native network infrastructure provider, has garnered a major industry accolade for its customer-centric artificial intelligence (AI) innovation in voice and messaging security at the FutureNet Asia Awards 2025.

Winning the coveted ‘Customer Experience’ award, which honours the most innovative AI application to enhance mobile users’ experience, Mavenir was recognised for its AI-powered Fraud and Security Suite that incorporates the company’s globally deployed SpamShield and CallShield technology.

Mavenir Regional Vice President for Asia Pacific, Jan Schaar in a statement said the company’s AI-driven security solutions offer seamless protection, ensuring that every call and message strengthens trust between operator and customer.

“Leveraging the latest AI technologies, Mavenir is providing a scalable, cloud-native security suite to protect network integrity, subscriber peace of mind and revenue across SMS and voice services, delivering the robust and effective real-time capabilities operators need as fraudsters themselves evolve their tactics using AI,” he said.

Mavenir’s highly integrated Fraud and Security Suite empowers communication service providers (CSPs) with proactive, AI-driven security to help defend against messaging and voice fraud in real time.

According to Mavenir, in a standout implementation for Australia’s TPG Telecom, CallShield paired with SpamShield succeeded in blocking almost 19 million fraudulent voice calls in the first half of 2024 and preventing delivery of over 59.6 million scam SMS.

With fraud and nuisance calls continuing to undermine trust in mobile communications, Mavenir’s Fraud and Security Suite is redefining customer experience, safety and reliability for mobile users.

Mavenir’s SpamShield message fraud defence solution proactively blocks up to 90 per cent of spam and fraudulent messages, while its CallShield solution offers operators new abilities to neutralise voice-based threats before they reach the customer.

The FutureNet Asia awards celebrate outstanding automation and AI innovation across the Asia-Pacific telecom sector, celebrating exceptional achievements in solution areas including AI for IT Operations (AIOps), orchestration and customer experience.

-- BERNAMA

Liquid AI, Brilliant Labs Team Up On Privacy-First Smart AI Glasses

KUALA LUMPUR, Sept 17 (Bernama) -- Liquid AI, a Massachusetts Institute of Technology (MIT)-born foundation model developer, has entered into an agreement with Brilliant Labs to integrate its vision-language models into the latter’s artificial intelligence (AI) glasses.

Under the agreement, Brilliant will license Liquid’s current and upcoming multimodal foundation models (LFMs) to strengthen the scene-understanding capabilities of its smart wearable products.

Liquid AI co-founder and chief executive officer (CEO), Ramin Hasani said the company builds efficient generative AI models that match the quality of much larger systems while maintaining a lower energy footprint.

“I strongly believe in glasses as a viable form factor for the future of hyper-personalised human-AI interaction. We are excited to bring our private and efficient on-device LFMs to Brilliant Labs’ customers,” he said in a statement.

Meanwhile, Brilliant Labs CEO, Bobak Tavangar said the collaboration aligns with the company’s values of openness, privacy and personalisation in computing.

“The speed and efficiency of LFM2-VL-450M enables us to build a new class of AI features atop our glasses hardware platform, and we are just getting started,” he said.

Brilliant Labs will incorporate the models into its flagship product, the Halo AI glasses, which offer features such as AI memory, real-time conversational AI and Vibe Mode on an open-source platform.

Liquid AI’s LFM2-VL models support both text and image inputs, powered by a compact vision encoder with 86 million parameters on a 350 million base model.

The models are capable of delivering detailed scene descriptions with millisecond latency on central processing units (CPUs) and graphics processing units (GPUs), enabling real-time intelligence for end devices.

Halo will be powered by LFM2-VL-450M and is currently available for pre-order, with the first units expected to ship in the fourth quarter of this year.

-- BERNAMA

HERE TECHNOLOGIES, RADARO TO BOOST LAST-MILE DELIVERY INTELLIGENCE

KUALA LUMPUR, Sept 17 (Bernama) -- HERE Technologies, a location data and technology platform, has partnered with Radaro to extend Radaro’s enterprise-grade routing, planning, and fleet optimisation capabilities.

Trusted by global leaders such as Electrolux, Miele, Knauf, PPG and Air Liquide, Radaro has built a reputation for delivering customer-centric logistics through real-time tracking, deep workflows, mobile driver experience, and configurable business rules.

“This partnership showcases how the HERE Tour Planning and full-stack location services can drive real-world efficiency, reduce planning complexity, and improve the delivery experience for businesses, drivers and customers,” said HERE Technologies Senior Director and Head of Business, Oceania, Daniel Antonello in a statement.

Meanwhile, Radaro Chief Technology Officer, Arie Spivak said: “Radaro is trusted globally to orchestrate the full logistics lifecycle, from planning and compliance to execution, driver experience, and customer engagement.

“By adopting HERE’s location services into our platform, we have further extended those capabilities. Together with HERE, we are delivering better customer outcomes and operational excellence.”

Radaro has strengthened its platform by adopting HERE Tour Planning, with truck-ready intelligence for smarter routing and deeper operational insights, optimised for mixed fleets, including light commercial vehicles, heavy vehicles and electric vehicles to ensure consistent, on-time deliveries.

The combination of Radaro’s platform with HERE Tour Planning and location services allows organisations to evolve from static route planning to dynamic, intelligent logistics execution for complex delivery schedules.

From pre-trip optimisation to post-trip analysis, the combined solution provides traditional fleet routing tools while also accounting for real-world delivery constraints such as vehicle load capacity, driver availability, road closures, truck-specific restrictions and skill-based job requirements.

-- BERNAMA

Bitget Opens 2026 Graduate Program to Build the Next Billion Minds

VICTORIA, Seychelles, Sept 17 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s leading cryptocurrency exchange and Web3 company, is opening applications for its 2026 Graduate Program, a global track under Bitget’s Blockchain4Youth initiative, recruiting next-generation talent from top universities and placing them directly into real Web3 workstreams.

The timeline is quick: applications open today, interviews begin in October, offers are delivered in December, and onboarding starts in 2026. Graduates will rotate across high-impact teams with senior mentorship and hands-on ownership, with over 50 roles available in engineering, product management, business development, growth, branding, operations, data analytics, algorithm, and risk control. The goal is simple: make high-impact roles accessible to the next generation and give them room to build.

“We believe in the future and that’s exactly why we are hiring for it,” said Vugar Usi Zade, Chief Operating Officer at Bitget. “This program is not just about building blockchain; it is about building thinkers who can question, design, and deliver. Together, Bitget is looking to build the next billion minds.”

To kick off the season, Blockchain4Youth and Blockchain4Her, two CSR initiatives launched by Bitget, will co-host a Web3 diversity career session at Hong Kong University of Science and Technology (HKUST) on 20 September together with the 0xU student community. Bitget employees will share their professional experiences, discuss case studies, and connect one-on-one with candidates who want to build at the intersection of finance, technology, and culture.

Bitget is looking for proactive self-starters who are curious, inventive, and comfortable working across cultures. A genuine interest in AI and Web3 is essential. In return, graduates join one of the world’s fastest-growing exchanges, collaborate with colleagues from more than 50 countries, and advance through a clear development path that combines rotations, mentorship, competitive compensation, and the chance to ship on the frontier.

Anchored in Bitget’s Blockchain4Youth initiative, the Graduate Program is more than a hiring track; it’s a runway into Web3 built around workshops, campus salons, and hands-on mentorship that help graduates ship real products and grow inside a global community. The program sits within B4Y’s broader education roadmap, which pairs early-career opportunities with practical learning to turn literacy into independence and innovation.

Applications are open now. Submit your resume/portfolio here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 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 price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.
Bitget is 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 markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

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

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/53dafef6-6326-4aa1-a8e5-94279a52495c

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

Axi to attend Forex Expo Dubai 2025

Broker to showcase their capital allocation program, Axi Select, IB & Affiliate partnership opportunities, and more

SYDNEY, Sept 11 (Bernama-GLOBE NEWSWIRE) -- Industry-leading FX and CFD broker Axi announced their attendance at Forex Expo Dubai, taking place October 6-7, 2025, at the Dubai World Trade Center.

Attendees will have the opportunity to explore trading through the Axi trading platform, how they can grow their IB and Affiliate business scoring exclusive deals available only during the event, discover how they can become funded traders through the broker’s flagship capital allocation program, Axi Select – and access capital funding up to $1M USD – and more. “We invite all traders to visit our team at Booth #3 and unlock the future of trading with Axi,” says Louis Cooper, Chief Commercial Officer at Axi. He adds, “Committed to providing our traders and partners the edge to accelerate their potential, we’re bringing exciting opportunities to this year’s expo that you don’t want to miss.”

Football enthusiasts can also visit Axi’s booth for an inside look at the broker’s longstanding partnership with eight-time Premier League Champions Manchester City. Exclusive Manchester City memorabilia and the club’s mascots will be on-site for photo opportunities, and attendees will have the chance to win exciting prizes from the broker.

Axi participated in Forex Expo Dubai 2024 and was honoured with the ‘Innovator of the Year’ award*. In addition to this recognition, the broker also received several industry accolades*, including ‘Most Reliable Broker’; ‘Broker of the Year’ and ‘Most Innovative Proprietary Trading Firm’ from Finance Feeds, and ‘Best Broker MENA’ from the Global Forex Awards.

About Axi

Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

At Axi, we are proud of our reputation as an honest, and fair broker, providing our customers with outstanding service and trading conditions since 2007. We also work with leading regulatory governing authorities globally to ensure we exceed the highest standards in the industry.

For more information or additional comments from Axi, please contact: Media.Enquiries@axi.com

Promoted by AxiTrader Ltd. OTC derivatives carry a high risk of investment loss. This content may not be available in your region. Not intended as Investment advice.

The Axi Select program is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content may not be available in your region. For more information, refer to our Terms of Service. Standard trading fees and minimum deposit apply.

*Granted to the Axi Group of Companies.

SOURCE: AxiTrader 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

Bitget Launchpool to List Switchboard (SWTCH) with 5.5M in Token Rewards

VICTORIA, Seychelles, Sept 10 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, has announced the addition of Switchboard (SWTCH) to Bitget Launchpool and also added it for spot trading. Trading for the SWTCH/USDT pair will begin on 9 September 2025, 13:00 (UTC), with withdrawals available from 10 September 2025, 14:00 (UTC).

The Launchpool campaign will offer 5,500,000 SWTCH in total rewards. Eligible users can participate by locking BGB or SWTCH during the event, which runs from 9 September 2025, 13:00 till 11 September 2025, 13:00 (UTC). In the BGB locking pool, users can lock between 5 to 50,000 BGB, with maximum limits determined by their VIP tier, for a chance to earn a share of 5,000,000 SWTCH. In the SWTCH pool, users can lock between 50 and 5,000,000 SWTCH to receive a portion of 500,000 SWTCH.

Switchboard is the fastest, most customizable, and only truly permissionless oracle network, built for those who won’t compromise on speed or decentralization. Already securing billions in assets across more than 51 protocols, it delivers market data up to three times faster than competing oracles. Its permissionless design allows anyone to instantly launch data feeds for new assets, giving traders immediate access to fresh opportunities. Protected by Trusted Execution Environments, this blend of speed and open access powers a safer, more efficient onchain trading ecosystem.

Bitget continues to expand its offerings, positioning itself as a leading platform for cryptocurrency trading. The exchange has established a reputation for innovative solutions that empower users to explore crypto within a secure CeDeFi ecosystem. With an extensive selection of over 800 cryptocurrency pairs and a commitment to broaden its offerings to more than 900 trading pairs, Bitget connects users to various ecosystems, including Bitcoin, Ethereum, Solana, Base, and TON. The addition of Switchboard into Bitget’s portfolio marks a significant step toward expanding its ecosystem by embracing high-speed, permissionless oracle infrastructure, giving users faster access to reliable data and unlocking new opportunities across DeFi and onchain trading.

For more details on Switchboard, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 120 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 price, Ethereum price, and other cryptocurrency prices. Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

Bitget is 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 markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

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. 

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

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/46522c11-d0dc-444a-bd45-ba2f966f0ac9 

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