Category: MENA

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

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

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

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

VICTORIA, Seychelles, June 04, 2026 (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: [email protected]

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

GlobeNewswire Distribution ID 1001185739

 

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Azerbaijan’s Bank ABB launches AI Conversational Banking assistants AI-nur and AI-khan

BAKU, Azerbaijan – Bank ABB, one of the leading financial institutions in the South Caucasus, has officially launched its artificial intelligence assistants AI-nur and AI-khan, making them available to all customers following a successful Beta testing phase. The new conversational AI technology represents a major step forward in the bank’s digital transformation and introduces one of the first voice-enabled AI banking solutions in Azerbaijan’s and regional banking sector.

Since becoming available to customers, AI-nur and AI-khan have demonstrated strong adoption and engagement. More than 230k users have already used the service, generating over 2.5 million interactions through the AI-powered banking assistants.

As banking continues to evolve, conversational interfaces powered by AI, including voice, are becoming an integral part of future banking models, enhancing accessibility, speed, and personalization across digital channels.

Developed as part of Bank’s strategy to build the banking ecosystem of the future, AI-nur and AI-khan enable customers to interact with banking services using natural voice commands. Customers can transfer funds between their cards and accounts or send money to others using a mobile phone number. By simply stating the recipient’s name, the AI system identifies the contact and processes the transfer, provided the number is saved in the sender’s phone contacts. Additionally, the assistants can handle essential security functions, such as blocking or reactivating cards, offering a quick response in critical situations.

According to Bank ABB, the launch of AI-nur and AI-khan demonstrates the bank’s commitment to advancing AI-driven digital banking services in Azerbaijan and the wider South Caucasus region. By integrating conversational artificial intelligence into its digital ecosystem, the bank aims to make everyday banking more intuitive, faster, and more convenient for customers.

The number of generative and predictive models applied in various directions has now reached 180, generating more than 35 million AZN in positive financial impact for the bank.

Security remains a top priority in the development of the new AI assistants. All operations performed through AI-nur and AI-khan are conducted within Bank ABB’s secure digital infrastructure, ensuring that customer data and financial transactions are protected according to the highest banking and cybersecurity standards.

Bank ABB plans to continue expanding the capabilities of AI-nur and AI-khan in the near future, introducing additional features that will allow customers to access more banking services through AI-powered interaction.

More information about Bank ABB’s modern products and services is available on the official website, and via Bank ABB’s official social media pages.

GlobeNewswire Distribution ID 1001185827

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Learning Tree International Awarded Multi-Year NATO NCIA Commercial Training Services Contract – IFB-CO-423236-TRN

LONDON, June 03, 2026 (GLOBE NEWSWIRE) — Learning Tree International, a global leader in workforce transformation and mission-critical technology training, has been awarded a multi-year contract by the North Atlantic Treaty Organisation (NATO) Communications-and Information Agency (NCIA) as their Education and Training industry partner.

The Commercial Training Services Contract – IFB-CO-423236-TRN includes provision of training solutions for over 3,000 students a year across European and North American NATO entities ensuring staff have the required skills for operational readiness throughout the contract term.

The award builds on a strategic partnership in support of NATO’s technical, cyber, and operational workforce development. This contract reflects NATO’s confidence in Learning Tree’s ability to deliver innovative, consistent, scalable, and mission-aligned training within one of the world’s most complex multinational defence environments.

Under the agreement, Learning Tree will deliver commercial and tailored instructor-led training designed to strengthen NATO’s digital, cyber, and technical capabilities across the Alliance. The training will be delivered through a combination of private team training courses and open schedules.

Strengthening the Skills of NATO’s Workforce

Learning Tree will provide training across:

With more than 50 years of experience supporting enterprise, public sector, and defence organisations in over 65 countries, Learning Tree brings deep institutional knowledge of secure delivery requirements, operational readiness standards, and evolving digital capability priorities. The company is recognised globally for delivering instructor-led training in highly regulated and security-sensitive environments.

“Being selected by NATO for a multi-year agreement reflects the strength of our partnership and the trust placed in Learning Tree’s secure workforce transformation solutions,” said David Brown, Chief Executive Officer at Learning Tree International. “For over 15 years, we have proudly supported NATO in strengthening workforce readiness across cyber, digital, and technical domains.”

As NATO continues to modernise its technology infrastructure and enhance cyber resilience, Learning Tree will provide accredited, mission-aligned training to ensure operational readiness across the Alliance.

This multi-year award further reinforces Learning Tree’s position as a premier global provider of secure workforce transformation solutions for defence and government organisations.

About Learning Tree International

Learning Tree International is a global leader in workforce development and technology training solutions. For more than 50 years, Learning Tree has helped organisations and professionals around the world develop the critical skills needed to thrive in a rapidly changing landscape. The company’s instructor-led and hybrid learning programmes empower individuals and organisations to accelerate transformation, enhance performance, and achieve lasting results.
Visit www.LearningTree.co.uk to learn more.

Media Enquiries
Learning Tree International
Email: [email protected]
Website: www.LearningTree.co.uk

GlobeNewswire Distribution ID 9730974

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HKTB Launches New Summer Promotion “Hong Kong Summer Fun” in Partnership with the Business Community to Attract Overnight Visitors and Boost Local Spending

Opening Highlight Event “Sun Life Hong Kong International Dragon Boat Festival” Celebrates 50th Golden Jubilee
Extended Duration with Comprehensive Upgrades

HONG KONG, June 03, 2026 (GLOBE NEWSWIRE) — To welcome the peak summer travel season, the Hong Kong Tourism Board (HKTB) will launch a brand-new promotion, “Hong Kong Summer Fun”, which connects a series of citywide highlight events and enticing offers to energise the summer season. The HKTB will work with the business community to roll out a wide range of offers covering attractions, dining, transportation and shopping, enhancing Hong Kong’s appeal as a summer destination, attracting more overnight visitors and boosting overall spending.

“Hong Kong Summer Fun” Key Visual

“Hong Kong Summer Fun” Key Visual

Kicking off the summer season will be the 50th-anniversary edition of the “Sun Life Hong Kong International Dragon Boat Races”, organised by the HKTB, co-organised by the Hong Kong China Dragon Boat Association (HKCDBA), and proudly title-sponsored by Sun Life. The event will be fully upgraded into the “Sun Life Hong Kong International Dragon Boat Festival” and will debut at the Tsim Sha Tsui Promenade this month.

“Sun Life Hong Kong International Dragon Boat Festival” Key Visual

“Sun Life Hong Kong International Dragon Boat Festival” Key Visual

HKTB Chairman Dr Peter Lam said, “The summer holidays are a golden period for travel, and with a wave of mega events this summer, the HKTB is proud to present the new summer promotion ‘Hong Kong Summer Fun’, leveraging different events to strengthen promotion and partnering with the business community to roll out hundreds of thousands of offers covering attraction, dining, transport and shopping. We aim to attract more overnight visitors to Hong Kong and boost consumption across more sectors. As the headline international flagship event of ‘Hong Kong Summer Fun’, the ‘Sun Life Hong Kong International Dragon Boat Festival’ not only runs over a longer period, but also features a stronger race line-up and more vibrant entertainment programmes than in previous years, offering an experience found only in Hong Kong for locals and visitors, while showcasing Hong Kong’s position as the Events Capital of Asia.”

Kicking Off the Summer Season: Sun Life Hong Kong International Dragon Boat Festival Debuts in an Upgraded Format

HKCDBA Chairman Mr Arnold Chung said, “We are delighted to once again collaborate with the Hong Kong Tourism Board and witness this important milestone as the ‘Sun Life Hong Kong International Dragon Boat Races’ reach their 50th anniversary. This year’s event introduces the ‘50th Anniversary Fishermen Invitational Cup’ and the ‘50th Anniversary Championship’, paying tribute to dragon boat racing while reflecting our commitment to preserving traditional culture and promoting the sustainable development of the sport. We will continue to advance dragon boat racing and showcase the unique charm of this traditional intangible cultural heritage to the world.”

Clement Lam, Chief Executive Officer of Sun Life Hong Kong, said, “Sun Life is proud to serve as the title sponsor of the ‘Sun Life Hong Kong International Dragon Boat Festival’ and the ‘Sun Life Hong Kong International Dragon Boat Races’, in partnership with the Hong Kong Tourism Board. This iconic annual event brings together local communities and visitors from the Mainland and across the globe to celebrate a shared festive spirit, while inspiring people to live healthier lives. As we journey toward our 135th year in Hong Kong, we remain committed to preserving and promoting the heritage of dragon boat racing. For 17 consecutive years, our continuous support for local dragon boat activities has been a testament to our core values of teamwork, unity, and striving forward. This year, we are taking it a step further by using the power of sport to unite communities in a more meaningful way, including sponsoring teams comprising cancer survivors and their families, as well as secondary school students, to bring renewed energy, hope and inspiration to our city.”

Over 220 Dragon Boat Teams from Around the World Compete in Victoria Harbour
This year’s races will be held on 27 to 28 June, with the number of participating teams, countries and regions higher than last year. Teams from 16 countries and regions will take part, including the Chinese Mainland, Canada, the United States, the United Kingdom, Australia, Malaysia, the Philippines, Singapore, South Korea, Thailand, Qatar and Indonesia. Over 220 teams and more than 4,500 athletes will compete in 21 races.

Special “50th Anniversary Fishermen Invitational Cup” Preserves the Traditional Spirit of Dragon Boat Racing
First held in 1976 by the then Hong Kong Tourist Association (the predecessor of the HKTB), the Hong Kong International Dragon Boat Races began as competitions among fishermen’s dragon boats in the Shau Kei Wan Typhoon Shelter. They have since developed into a unique international mega event in Hong Kong, bringing together top teams from around the world in Victoria Harbour and integrating sport, culture and entertainment.

This year, the “50th Anniversary Fishermen Invitational Cup” has been introduced, inviting six local fishermen teams from areas such as Aberdeen and Chai Wan to compete using traditional wooden dragon boats. In addition, a new “50th Anniversary Championship” has been added, bringing together champions from nine major race categories to compete for the title of “Ultimate Dragon Boat Champion”.

Extended to 13 Days with Double the Dragon Boat Festival Excitement
For the first time, the Dragon Boat Festival held at the Tsim Sha Tsui promenade will be extended to 13 days (19 June to 1 July), spanning from 19 June (Dragon Boat Festival) to 1 July to encourage visitors to stay longer and enjoy a cultural experience that blends tradition and modernity.

The Avenue of Stars will feature a Dragon Boat Food Lane and Beer Garden, complemented by four themed photo spots: Sun Life HK Dragon Boat Co-Creation Zone, a 22-metre traditional wooden dragon boat; a dragon boat-themed installation in collaboration with the new film Minions & Monsters; and a Giant Coca-Cola® Bottle and Dragon Boat-themed Photo Spot. Together, these elements offer a new festive experience for locals and visitors.

The festival will also debut a series of intangible cultural heritage workshops, where visitors can experience activities such as fishing net plaiting, blown sugar making and lye rice dumpling making. Visitors can experience dragon boat racing through virtual reality (VR), using innovative technology to explore this traditional festival. On weekends and public holidays, the stage at Beer Garden will showcase a vibrant lineup of intangible cultural heritage performances, including Wing Chun, diabolo, ruan and guzheng. As evening falls, the atmosphere will come alive with a series of live music performances. In addition, a dedicated live broadcast viewing zone will allow both the public and visitors to watch the thrilling action of the Victoria Harbour races up close.

The Sun Life Hong Kong International Dragon Boat Festival has received support from 14 sponsors. The HKTB has also partnered with the Tsim Sha Tsui East Property Developers Association, collaborating with over 30 shops to roll out hotel, dining and shopping offers during the festival period to boost spending in the area.

“Hong Kong Summer Fun” Offers Hundreds of Thousands of Deals to Attract Overnight Visitors and Boost Spending

Exclusive Travel Packages Featuring Attraction Tickets and Transport Discounts
During the “Hong Kong Summer Fun” promotion period, the HKTB will collaborate with Trip.com Group, the Quality Tourism Services Association (QTSA), the Hong Kong Retail Management Association (HKRMA), Alipay, and various merchants to launch “Summer Deals”, offering hundreds of thousands of offers.

The offers start the moment visitors begin planning their trip to Hong Kong. The HKTB will partner with Trip.com Group to launch promotions worth over HK$20 million, covering 19 local attractions and three transport operators. From 15 June to 31 August, visitors who book hotels in Hong Kong via Trip.com or Ctrip for the period from 1 July to 14 September, with a single transaction of HK$1,500 or above, will enjoy double rewards: one attraction ticket offer and one public transport offer of choice, with discounts of up to 50 per cent. The promotions cover a wide range of popular travel products, including the Peak Tram, theme parks, the Hong Kong Observation Wheel, Noah’s Ark tickets, as well as round-trip Airport Express tickets and bus day passes. After booking, visitors can redeem the offers directly through the platform, with redemption valid for two weeks from the hotel reservation date. Each Trip.com and Ctrip account can redeem the offer once, on a first-come, first-served basis while stocks last.

Multiple In-Town Spending Rewards and Half-Price Deals
From 1 July to 31 August, the HKTB will collaborate with AlipayHK, Alipay and Alipay+, leveraging Alipay’s vast Chinese Mainland and Alipay+’s international partner e-wallet user base. Visitors simply need to scan designated QR codes at nearly 100 participating shopping malls across Hong Kong—including Central Market, Hysan Place, ifc mall, Hong Kong International Airport, K11, Mira Place, New Town Plaza, Olympian City, Peak Galleria, SOGO, Stanley Plaza, Times Square, Windsor House, and more—to join the activity and receive a random spending reward of up to HK$500 or RMB 500, which can be used at any merchant displaying the AlipayHK, Alipay or Alipay+ payment acceptance mark..

At the same time, the HKTB will partner with the QTSA and the HKRMA to roll out a citywide series of offers. Arriving visitors can enjoy shopping and dining discounts of up to 50 per cent at various merchants, with some offers also available to locals. Details will be announced later.

“Hong Kong Summer Fun” covers cultural, entertainment, sports, and music programmes, including Hong Kong ICH Month, the Chinese Culture Festival, the Hong Kong Football Festival, the Football Summit, the Volleyball Nations League Hong Kong, the Fencing World Championships 2026 Hong Kong, China, the FIDE World Team Rapid and Blitz Chess Championships, and Hong Kong Reunification Raceday. To help visitors plan their itineraries, the HKTB has consolidated Hong Kong’s summer mega events and promotional offers on its Discover Hong Kong website under the “Hong Kong Summer Fun” information platform (https://www.discoverhongkong.com/eng/events/summer-fun.html), allowing locals and visitors to access event and offer details in one place and easily enjoy a vibrant summer experience in Hong Kong.

Members of the media can download the press release and the photos from the following links:
Press Release: https://www.discoverhongkong.com/eng/hktb/newsroom/press-releases.html
Photos: https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=2443&categoryTypeId=2

For media inquiries, please contact:

Mr Cameron Tong Tel: 2807 6367 Email: [email protected]
Mr Chokie Cheng Tel: 2807 6342 Email: [email protected]

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/7350746d-d11b-4101-abd9-a4512954eddc

https://www.globenewswire.com/NewsRoom/AttachmentNg/0f8d85ad-5ff0-4b9a-ac1d-aa2fd96a3867

GlobeNewswire Distribution ID 9731208

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HOFA Gallery Presents Specimens of Time: The Glitched Sublime by Maja Petrić opening during SXSW London 2026

LONDON, June 02, 2026 (GLOBE NEWSWIRE) — HOFA Gallery is pleased to present Specimens of Time: The Glitched Sublime, a new exhibition by Maja Petrić opening during SXSW London 2026. At a moment increasingly shaped by speed, automation, and relentless digital production, the exhibition proposes a different role for technology: a medium for meaning, perception, and felt connection with the natural world.

Developed over more than two decades, Petrić’s practice integrates custom AI, robotics, light, and real-time environmental data to produce works in which ecological change directly generates form. The Glitched Sublime was developed in collaboration with AI scientist and roboticist Mihai Jalobeanu using live Arctic climate data as its primary material.

The work proceeds from a single premise: artwork is not a depiction of environmental change but a physical record of it. In the Arctic, warming is accelerating at twice the global average, destabilising the seasonal conditions on which life in the region depends. Arctic poppies emerge within these conditions, blooming briefly before temperatures exceed the thresholds of their survival. The exhibition tracks this unraveling through lightbox sculptures and pigment works generated by custom robotics and AI responding in real time to live climate data.

At SXSW London 2026

Presented during SXSW London 2026, Specimens of Time: The Glitched Sublime enters into conversation with the festival’s focus on artificial intelligence, automation, and the future of human experience. In contrast to much of today’s generative AI culture, the exhibition proposes a different trajectory for technology, one centred on ecological memory, embodied experience, and reconnection with the living world.

Alongside the exhibition, Petrić will present Art, Tech & Nature: The Glitched Sublime at SXSW London on Wednesday, 3 June, from 11:40 to 12:10 at Protein Studios (Stage 2). She will also appear on the panel Worldbuilding for the Senses: When Art Meets Experience Meets Brand on Thursday, 4 June, from 16:10 to 16:50 at Truman Brewery (Truman Stage 1).

Contact:
Alessandro Gallini
[email protected]

GlobeNewswire Distribution ID 1001185468

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Movement Secures Licensed Payment Rails Access in the US, Canada and EU, Commits to Stablecoin Settlement and Yield Infrastructure for Emerging Markets

Company’s new trajectory targets cross-border payments, remittances, and dollar savings products across emerging markets

Movement: Where Money Lives

Movement’s ecosystem across four layers: distribution and payments, core rails and infrastructure, yield and asset partners, and internal infrastructure.

SAN FRANCISCO, June 02, 2026 (GLOBE NEWSWIRE) — Movement, the stablecoin settlement and yield layer for emerging markets, has secured access to licensed payment rails across the United States, Canada and European Union. The company is committing its full focus to cross-border payments, remittances, and dollar savings products for the markets that the traditional financial system has overlooked.

Remittance flows to low and middle-income countries reached an estimated $685 billion in 2024, according to the World Bank. Yet cross-border payments remain sluggish, labored, and dependent on legacy banking infrastructure. Senders still pay an average of 6.36% per transaction globally, while settlement delays and limited banking access continue to impact consumers and businesses across key remittance corridors.

“Billions of individuals globally are financially disenfranchised and underserved,” said Torab Torabi, CEO of Movement. “In many markets, moving money across borders is still too slow, too expensive, and too inaccessible. Our mission is to marry licensed payment rails with onchain settlement to modernize financial services globally, particularly in emerging markets.”

As part of the business transition, the Movement Network Foundation repurchased approximately 19% of tokens previously allocated to investors, equivalent to 4.2% of total supply, demonstrating its commitment to tokenholders and the long-term mission.

Movement has built a technical framework designed to reduce settlement times and lower the cost of moving money across borders. Through Movement’s infrastructure and its licensed-partner network, builders can deploy cross-border payment products, dollar-denominated savings accounts, and real-world-asset yield offerings without relying on correspondent banking systems or pre-funded settlement accounts. This is designed to support compliant financial products at scale for fintech and neobank partners operating across emerging markets.

Several partners are already building on the Movement Network today:

  • KAST: More than 18,000 verified users have joined through Movement-powered products across more than 160 countries.
  • Circle / USDCx: USDCx launched as a natively issued stablecoin on the Movement Network, backed 1:1 by native USDC and designed to support payments, treasury, and savings products built by partners.
  • Avant Protocol: Avant selected the Movement Network to support yield and treasury products, including periods of elevated redemption activity earlier this year.
  • Sorted Wallet: Movement Network Foundation participated in Sorted Wallet’s $4.4M seed round alongside Tether and Gnosis, backing a non-custodial crypto wallet built for feature phones with 500,000+ downloads across 160 countries and active users in Kenya, Nigeria, Tanzania, and Pakistan.
  • Yuzu Money: Yuzu Money will serve as a curator on the Movement Network’s Canopy savings platform, delivering conservative USD yield through T-bills and AAA CLOs for neobank and fintech partners.
  • Oro: Oro, an onchain gold tokenization platform, is integrating with the Movement Network as its first cross-chain vault, bringing yield-generating gold vaults and physical redemption infrastructure to Movement’s emerging markets partners.
  • Zoth: Movement has invested in Zoth, integrating its RWA yield infrastructure natively on the Movement Network to give partners access to institutional-grade, dollar-denominated yield products backed by investment-grade assets.

Movement’s infrastructure stack in conjunction with the Movement Network includes payments, treasury, savings, and liquidity products intended to give partners a single integration layer for financial services across emerging markets. The company, along with the Movement Network Foundation is also evaluating treasury and capital allocation initiatives, including additional token repurchase programs, as part of a long-term growth strategy.

For more information on Movement, please visit: MovementNetwork.xyz

About Movement and the Movement Network

Reference to Movement above is to Move Ind. Inc., the core contributor to the Movement Network. The Movement Network is a global settlement and yield layer for stablecoins, built on Move, the programming language Meta developed for financial applications. Move was designed from the ground up to secure financial assets, making it purpose-built for moving real money across borders at scale.

Neobanks, fintechs, and payment platforms build with Movement to settle cross-border transactions instantly. Traditional remittance rails require billions in pre-funded float and take two to five days to clear. Movement reduces that capital overhead and the traditional correspondent bank chain bottlenecks, cutting costs and giving financial institutions infrastructure they can trust.

Movement: Where Money Lives. To learn more, visit MovementNetwork.xyz follow @Movement_xyz on X and connect with Movement on LinkedIn.

Forward-Looking Statements and Acknowledgements

This release contains forward-looking statements regarding Movement’s business strategy, partnerships, regulatory approvals, token-related actions, and future operations. These statements are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including regulatory approval timelines, partner performance, market conditions, token-market dynamics, and other factors. Movement does not undertake any obligation to update forward-looking statements except as required by law. References to ecosystem partners reflect publicly available information and do not constitute endorsements by those partners except where expressly noted. References in this release to “licensed payment rails” refer to access provided through commercial partnerships with licensed money transmitters and e-money institutions in their respective jurisdictions, subject to those partners’ program terms and underwriting. Neither Movement nor the Movement Network Foundation is itself licensed as a money transmitter, e-money institution, depository institution, bank, broker-dealer, investment adviser, or investment company. Products and services referenced in this release are operated by independent third parties subject to those parties’ own terms, eligibility criteria, and jurisdictional availability. This release is informational only and does not constitute an offer to sell, or a solicitation of an offer to buy, any digital asset, security, financial instrument, investment product, yield-bearing product, or stablecoin, or financial, investment, legal, or tax advice. This release is not directed at, and is not intended for distribution to, persons in jurisdictions where its publication would be unlawful.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c878a24-2dc3-4d59-95e8-ee768bd0e6bc

Contact:
Carmen Pearson
[email protected]

GlobeNewswire Distribution ID 9729973