Author: Asianet Pakistan

RIYADH, SAUDI ARABIA – Media OutReach Newswire – 23 May 2025 – Carta, the software platform purpose-built for private capital, today announced its Financial Services Permission (FSP) from ADGM’s Financial Services Authority (FSRA), unlocking a new phase of growth in Middle East and North Africa (MENA). This milestone significantly advances Carta’s global mission to make private markets more accessible, transparent, and equitable. As the world’s largest fund administrator for venture capital, Carta will support the private market ecosystem in the MENA region with its end-to-end software platform for fund operations, in addition to its equity management solutions for companies (including startups).

Carta and ADGM representatives at Abu Dhabi Finance Week 2024.

Abu Dhabi, renowned as the “capital of capital,” has shown exceptional growth in the financial services sector. Carta’s expansion comes as the UAE establishes itself as a key player in the Middle East, constituting 40% of all funding rounds in the region—a 9% year-on-year increase—according to industry reports. In 2024, assets under management (AUM) within ADGM grew by 245%, with 134 fund and asset managers operating 166 funds by the end of 2024.

Carta has strategically chosen ADGM as the location for its new Middle Eastern office, strengthening the company’s commitment to aligning with regions that demonstrate significant market potential and robust economic policies. Located at Hub71 WeWork, in the heart of the financial district, Carta’s new office serves as a strategic base for expanding sales and marketing efforts in the MENA region, a region the company sees as highly promising.

“The Middle East is the perfect place for Carta expansion,” said Bhavik Vashi, Managing Director of Carta APAC & MENA. “The regulatory framework in ADGM is one of the most progressive we’ve seen globally—exactly the type of environment needed to fuel the private markets, which is why we have made a big bet here.”

Over the past few years, Carta has been working closely with government regulators and is confident that its comprehensive suite of services—such as quarterly reporting, compliance services, and tax and audit readiness—will effectively address the needs of the local community.

Arvind Ramamurthy, Chief of Market Development Officer at ADGM said; “We congratulate Carta on receiving their FSP from ADGM. We are thrilled to welcome them to ADGM’s dynamic ecosystem, where innovation, growth, and opportunity thrive. Your presence enriches Abu Dhabi’s financial landscape, and we look forward to supporting your success in this vibrant and forward-thinking community.”

Carta currently supports a number of prominent regional customers, including Global Ventures, BECO Capital, Cotu Ventures, Outliers VC, Dubai Future District Fund, and Middle East-based unicorns Foodics and Kitopi. With ADGM license approval, Carta will continue to collaborate with the local VC & PE ecosystem to further enhance the company’s service offerings and deliver greater value for the Middle East’s growing private markets.

About Carta

Carta connects founders, investors, and limited partners through world-class software purpose-built for everyone in venture capital and private equity. Carta’s world-class fund administration platform supports nearly 9,000 funds and SPVs representing over $188B in assets under administration on fund administration, SPV formation, and more. Trusted by more than 50,000 companies, Carta helps private businesses in over 160 countries manage their cap tables, valuations, taxes, equity programs, compensation, and more. Carta has been included on the Fortune Best Large Workplaces in Financial Services and Insurance list, Forbes’ list of the World’s Best Cloud Companies, Fast Company’s Most Innovative list, and Inc.’s Fastest-Growing Private Companies list. For more information, visit carta.com.

DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. (“Carta”). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. ©2025 Carta. All rights reserved. Reproduction prohibited. Regulated by the Financial Services Regulatory Authority.

Bitget and Cryptita Plays Inspire Next Generation with Young Learners’ Encyclopedia

Bitget and Cryptita Plays Inspire Next Generation with Young Learners’ Encyclopedia

VICTORIA, Seychelles, May 23, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced its collaboration with Cryptita Plays on the Young Learners’ Encyclopedia, an illustrated book designed to introduce blockchain and crypto concepts to youths through engaging stories and visuals.

The collaboration aligns perfectly with Bitget’s Blockchain4Youth and Blockchain4Her, which aims to make blockchain education accessible to young people and underrepresented communities worldwide. The encyclopedia serves as a new channel to simplify complex topics and spark early curiosity in crypto in the next generation.

Developed by Cryptita Plays, the Young Learners’ Encyclopedia will break down key Web3 topics such as decentralization and NFTs in a manner that is both fun and digestible for young minds. The project is designed not only for children but also for educators looking to integrate future-facing content into their classrooms. As part of its outreach, the book will be distributed in underserved regions, starting with schools and community centers in the Philippines where access to blockchain education remains limited.

Bitget’s involvement reflects a broader strategy to encourage learning and innovation at the grassroots level. The encyclopedia will offer a hands-on, creative approach to education that supports early awareness and long-term participation in the digital economy.

“This book is more than just a creative educational tool. It is a bridge that connects the next generation to the world of Web3 through stories, illustrations, and imagination,” said Gracy Chen, CEO of Bitget. “It speaks to the heart of what Blockchain4Youth and Blockchain4Her stands for — empowering the youth, and elevating the voices of the underrepresented who are driving real change in this space. The future of Web3 belongs to them and it begins here.”

Further details on the distribution of the Young Learners’ Encyclopedia will be announced in due course, with a target launch by the end of 2025. Initial distribution will begin in the Philippines, with plans for global rollout to follow.

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. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

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

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

For media inquiries, please contact: [email protected]

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/f65aa5c7-664a-4736-8bbd-eebc2d27a020

GlobeNewswire Distribution ID 1001098538

Backed by 300% user growth, Bitget Wallet unveils a new design and $1M campaign to bring crypto into everyday use worldwide

Bitget Wallet Launches New Brand Identity and “Crypto for Everyone” Movement

SAN SALVADOR, El Salvador, May 23, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has unveiled a new brand identity to reflect its evolution into a full-service crypto wallet designed for everyday use. With over 80 million users, Bitget Wallet has strategically expanded its offerings beyond trading and earning to onchain discovery and global payments. Alongside a new logo symbolizing simplicity and direction, the app has introduced a more streamlined, user-friendly interface to make crypto more intuitive for all. Bitget Wallet stands by the inclusive motto — Crypto for Everyone — now part of a broader initiative, the Crypto for Everyone Movement, aimed at onboarding the next billion users. Through this, it plans to incentivize the community with a pool of over $1 million as gratitude for support.

“The role of wallets is evolving — it’s moving from a niche tool to one with real-world utility for everyday needs,” said Alvin Kan, COO of Bitget Wallet. “This rebrand is part of a longer-term plan to make crypto accessible for everyone. We’re building towards a future where interacting with crypto feels as easy as using Uber or Paypal,” he added. Bitget Wallet’s growth has coincided with increased demand for self-custody and alternative financial access, particularly in regions where banking infrastructure is limited. The platform saw a 300% increase in users over the past year, with the fastest growth in Africa (+959%), Europe (+367%), and the Middle East (+350%), as more individuals turn to crypto to navigate inflation, limited banking access, and economic instability, gaining greater control over their finances.

Bitget Wallet’s rebrand focuses on making crypto easier to use and more practical for everyday needs. Built around four core features — Trade, Earn, Pay, and Discover — the wallet lets users track market trends, explore new tokens, and trade across over 130 blockchains with one click. In selected regions, a new Simple Mode will be launched to offer a streamlined experience for users who are new to crypto. To support secure usage, it includes protections like real-time risk monitoring and transaction screening, helping users navigate onchain finance more safely.

Bitget Wallet is among the first to launch an in-app shop and remains the only major self-custodial wallet offering full payment flexibility, including crypto cards, QR code scans, and direct purchases. The shop supports over 300 brands across gaming, mobile, travel, and e-commerce, enabling crypto payments at Amazon, Google Play, Shopee, and more. Regional integrations with national QR payment systems are also underway. Building on this everyday utility, the wallet offers yield features to help users earn passive income on their crypto balances and plans to support tokenized real-world assets like stocks and gold as it expands beyond digital assets.

“Bitget Wallet stands strong with the essence of crypto extending beyond our decentralized vision, serving as a critical access layer across trading, earning, and payments for onchain assets. Users now have an even more powerful tool — simple to use, accessible, and packed with capabilities — that connects people to opportunity, wherever they are, whenever they need,” said Gracy Chen, CEO at Bitget.

To mark the rebrand, Bitget Wallet is launching the Crypto for Everyone Movement in partnership with leading ecosystem projects, offering over $1 million in rewards and inviting users to explore the updated platform through interactive campaigns.

More details on the brand update and product roadmap are available on the Bitget Wallet blog. Watch the brand video on YouTube.

About Bitget Wallet
Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets.
For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
For media inquiries, contact [email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/610b2d19-6ff7-4e1d-8471-b0f9a7ffe66c

GlobeNewswire Distribution ID 1001098513

iOS and Android

The MICHELIN Guide Worldwide app for iOS and Android devices.

• Trèsind Studio becomes the first Indian restaurant in the world to receive Three MICHELIN Stars

• FZN by Björn Frantzén enters the Guide with Three MICHELIN Stars in its first year

• The MICHELIN Guide Dubai 2025 selection also includes 2 new One MICHELIN Stars and 5 new Bib Gourmand restaurants

• Hero Photo

  

  Hero Photo

DUBAI, United Arab Emirates, May 23, 2025 (GLOBE NEWSWIRE) — Michelin celebrated the city’s culinary excellence like never before at Dubai’s fourth MICHELIN Guide Ceremony, held at Address Sky View. The event revealed 119 establishments, covering over 35 cuisine types, which made it into this year’s selection, showcasing the city’s booming gastronomic scene.

Grand Finale Photo

For this fourth edition, The MICHELIN Guide Dubai recognizes two new One MICHELIN Star restaurants, and two new Three MICHELIN Star restaurants, as well as five new Bib Gourmand establishments.

“Dubai’s rapid transformation into a global culinary hub is testament to its diversity and excellence,”says Gwendal Poullennec, International Director of the MICHELIN Guide. “As demonstrated by Trèsind Studio’s historic achievement of earning Three MICHELIN Stars in its fourth appearance—making it the first Indian restaurant worldwide to earn the Guide’s highest accolade—Dubai embraces a rich tapestry of flavors that reflect the world’s gastronomic passions. With the city now home to 119 MICHELIN-recommended establishments, it stands as a beacon for food lovers, drawing them to experience the very best of the world’s culinary traditions, all within one dynamic destination.”

Whatever a restaurant’s cuisine style, concept or location, whether they are luxury fine dining restaurants or street food eateries, the MICHELIN Guide Inspectors use the same five criteria all around the world: the quality of the ingredients; mastery of cooking techniques; the harmony of the flavors; expression of the chef’s personality in the cuisine; and consistency, both over time and across the entire menu.

His Excellency Issam Kazim, CEO of the Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of the Dubai Department of Economy and Tourism (DET), said: “The launch of the fourth edition of the MICHELIN Guide Dubai, including the naming of the city’s first Three MICHELIN Starred restaurants, marks another pivotal moment in Dubai’s journey as a world-class gastronomic destination, and is a testament to bold innovation, extraordinary talent and culinary distinction.

“Just as Three MICHELIN Stars signify a restaurant that is ‘worth a special journey’, so the same applies to Dubai as a destination; from celebrated homegrown eateries to globally renowned names, this vibrant gastronomic landscape truly reflects the diversity and dynamism of a city that always aims to inspire the world.

“We extend our heartfelt gratitude to MICHELIN, whose dedication to excellence continues to elevate Dubai’s reputation, highlighting the crucial role of restaurants in driving Dubai’s destination appeal, economic growth, and global competitiveness. The people from almost 200 nationalities that live in Dubai are at the heart of the unique fabric of the city, and we congratulate all the restaurateurs, chefs and talents behind the establishments included in this year’s Guide.”

Two restaurants are awarded Three MICHELIN Stars

Two restaurants received Three MICHELIN Stars for the first time since the destination launched in 2022, marking a historical moment in Dubai’s culinary scene. This distinction highlights exceptional cuisine, worth a special journey.

A new addition to the Guide, FZN by Björn Frantzén has been awarded Three MICHELIN Stars. This true destination restaurant with a stellar team is acclaimed Swedish chef Björn Frantzén’s debut in the Middle East. It offers a highly sophisticated experience with an array of dishes blending Scandinavian and Asian influences that make great use of the finest luxury ingredients.

Trèsind Studio is promoted to Three MICHELIN Stars in its fourth appearance in the MICHELIN Guide Dubai, making history as the first Indian restaurant in the world to earn the Guide’s highest accolade. This immersive Indian concept highlights Chef Himanshu Saini’s limitless levels of imagination and creativity. The tasting menu showcases traditional Indian dishes from various regions, re-imagined and superbly crafted into vibrant, eye-catching, and flavorsome creations.

Two new restaurants are awarded One MICHELIN Star

Jamavar’s Dubai outpost joined the 2025 Dubai selection with One MICHELIN Star. Located in Dubai’s Opera district, this acclaimed Indian restaurant offers perfectly balanced and harmonious dishes crafted with prime ingredients.

Helmed by Dubai-born chef Abhiraj Khatwani, Thai restaurant Manāo is an ode to the cuisine closest to his heart. The new One MICHELIN Star establishment serves an 11-course tasting menu comprised of re-imagined Thai classics with a twist, with flavors staying true to the cuisines vibrant and authentic roots.

There are now fourteen restaurants in the MICHELIN Guide Dubai with One MICHELIN Star, a distinction that highlights high-quality cooking, worth a stop.

Five new restaurants receive a Bib Gourmand

In addition to the MICHELIN Stars, 5 new restaurants are added to the Bib Gourmand category. Named after Bibendum, the official name of the Michelin Man, the Bib Gourmand recognition goes to restaurants that offer great quality, great value cooking.

The five restaurants are:

• DUO Gastrobar-Creek Harbour: This second branch offers an appealing, well-priced menu with an array of unfussy, refined comfort food.

• Harummanis: This Malay grill eatery takes influences from numerous neighboring countries and boasts perfectly spiced and balanced flavors.

• Hawkerboi: A relaxed restaurant highlighting the subtleties of the street foods of Singapore, Malaysia, Thailand and Myanmar, perfect for sharing.

• Khadak: Get a taste of India’s street food at this contemporary and vibrant Indian brasserie offering sharing plates that are full of flavor.

• Sufret Maryam: Chef Salam Dakkak’s second venture offers a selection of refined Levantine dishes, which are generous in flavor and size.

MICHELIN Special Awards
With its Special Awards, the MICHELIN Guide aims to highlight and celebrate the amazing diversity of the roles within the hospitality industry, as well as its most talented and inspiring professionals.

The Opening of the Year Award for 2025 is awarded to the restaurant Ronin. Located in the FIVE LUXE JBR Hotel, this beautifully conceptualized spot evokes fantastical pan-Asian decor, complemented by a superb selection of produce and bold flavors, creating an immensely enjoyable contemporary Japanese dining experience.

The Sommelier Award is presented to Shiv Menon of Boca restaurant. His passion for wine and drinks is evident in every conversation, without condescension. His list supports the restaurant’s sustainable ethos, featuring symbols that highlight environmental and community benefits. He organizes tastings to share his knowledge and love for the subject.

The Service Award presented by RAK Porcelain goes to the team at Al Khayma Heritage Restaurant. Despite its large operation and busy atmosphere, this restaurant is far from a tourist trap. The team runs it with pride and passion, aiming to please every guest. Early arrivals enjoy Arabic coffee outside, while inside, servers guide diners through the menu. The heartfelt goodbye is as meaningful as the welcome.

The Young Chef Award goes to 30-year-old Chef Abhiraj Khatwani, who helms the kitchen at Thai restaurant Manāo, a recipient of a MICHELIN Star in this year’s Guide (newly awarded One MICHELIN Star). He earns this award thanks to his experience in Thailand, for the enthusiasm he shows to his home city, and through his authentic, skillfully balanced dishes.

Finally, the MICHELIN Guide Ceremony celebrated the remarkable selection of restaurants for the year 2025. This year’s distinctions and awards have highlighted the exceptional talent, dedication, and innovation within the culinary world in Dubai. From sustainable gastronomy to authentic and skillfully crafted dishes, the honorees have set new standards and inspired others. Their passion and commitment to excellence have truly made this year’s selection outstanding. We look forward to witnessing continued success and contributions to the culinary arts in next year’s selection.

The MICHELIN Guide Dubai selection 2025 at a glance:

• 2 restaurants with Three MICHELIN Stars (1 Promotion, 1 New)

• 3 restaurants with Two MICHELIN Stars

• 14 restaurants with One MICHELIN Star (2 new)

• 3 restaurants with a MICHELIN Green Star

• 22 Bib Gourmand restaurants (5 new)

• 78 MICHELIN selected restaurants (15 new)

A replay of The MICHELIN Guide Ceremony and other highlights are available on the official MICHELIN Guide Middle East Facebook page and the MICHELIN Guide Global YouTube channel.

The full selection of The MICHELIN Guide Dubai 2025 is available on the MICHELIN Guide website https://guide.michelin.com/ae-du/en and on the MICHELIN Guide app, available free of charge on iOS and Android.

The MICHELIN Guide is a benchmark in gastronomy. Now, it’s setting a new standard for hotels. Visit the MICHELIN Guide’s official website, or download the MICHELIN Guide mobile app (iOS and Android), to discover every restaurant in the selection and book an unforgettable hotel.

About Michelin
Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 129,800 people. (www.michelin.com)

Press Contact

BPG Group
[email protected]

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/61f7bf4e-282f-4e39-82c7-3aa7b88102ea
https://www.globenewswire.com/NewsRoom/AttachmentNg/b46ace40-d954-4214-a01b-4dd40f13decc

GlobeNewswire Distribution ID 1001098482