Pakistan – Page 34 – Daily Balochistan Times

June 1, 2026

Bitget Launches Reality Aligned with CEO’s 10% Tokenization Vision

Bitget Launches Reality Aligned with CEO’s 10% Tokenization Vision

VICTORIA, Seychelles, June 01, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange, announced the launch of Reality, a licensed financial platform focused on tokenizing real-world assets (RWAs), connecting eligible global users with tokenized exposure to traditional financial assets through crypto-native ecosystems.

Reality will bring tokenized US stocks and ETFs into Bitget’s broader trading ecosystem, giving users access to market exposure traditionally limited by geography, market hours, fragmented platforms, and settlement barriers. The launch marks a key step in Bitget’s Universal Exchange (UEX) roadmap, which aims to combine crypto, on-chain markets, and traditional asset access within one platform experience.

Reality is the issuing platform of rTokens, the onchain representations of publicly traded equities and ETFs. Each rToken is 1:1 backed by real shares held with a FINRA-registered, SIPC-protected U.S. Broker-dealer. Reality enforces the industry’s highest transparency standards, with independent third-party auditors delivering a live Proof of Asset dashboard and CPA-level audit reports to ensure verifiable asset integrity at all times.

By bridging directly into U.S. equity pools, the protocol supports deep liquidity, institutional-scale entries and exits with optimized slippage, matching traditional order-book efficiency. Corporate actions, including dividends, cash distributions, and stock splits, are matched via a 1:1 deterministic mapping engine. On the ecosystem front, Reality RWAs will be natively integrated into the Bitget exchange. Key use cases include: utilizing tokenized equities as unified account margin to maximize capital efficiency; full compatibility with algorithmic Grid and Copy Trading systems; and deployment across Bitget’s native Staking and Lending products.

Reality will operate as Bitget’s dedicated real-world asset provider, serving as the specialized arm for the tokenization of traditional financial instruments. Reality functions as the primary layer where traditional market value is standardized for the crypto economy. This alignment ensures that Bitget users have exclusive, seamless access to a secure and regulated environment for RWA trading.

“Reality is built around Bitget’s 10% vision: by 2030, nearly 10% of financial assets could exist in tokenized form,” said Gracy Chen, CEO at Bitget. “Stablecoins, faster blockchain settlement, and growing interest from major exchanges are pushing RWAs from experiment to market infrastructure. Reality is Bitget’s step toward making that future accessible to global users.”

Reality is aligned with Gracy Chen’s “10% vision” for the RWA industry, which projects that tokenization is still in its early stages. Money market funds and private credit account for only around 0.5–1% of their total markets, while tokenized equities represent just 0.1% of the $125 trillion global equity market. By 2030, Gracy’s vision is that nearly 10% of all financial assets could exist in tokenized form.

The launch comes as tokenized equities gain momentum across global markets. Investors are increasingly looking for products that combine familiar assets with faster settlement, broader access, and around-the-clock availability. Reality is designed to meet this demand by bringing traditional asset exposure into Bitget’s UEX framework, alongside crypto trading, on-chain tools, AI products, and existing tokenized asset offerings.

Reality will initially focus on tokenized exposure to selected US stocks and ETFs, with further asset expansion planned after launch. Product access, supported assets, trading features, and user eligibility will be subject to applicable laws, regional restrictions, and final launch terms.

The rollout also strengthens Bitget’s position in the RWA sector, following its broader push into tokenized stocks, gold, FX, commodities, and other traditional market-linked products. With Reality, Bitget is extending its UEX strategy beyond crypto trading into a wider financial access layer for global users.

Disclaimer

The tokenized assets referenced herein (the “Tokens”), have not been registered under the US Securities Act of 1933, as amended (the “Act”), or the securities or financial instrument laws of any other jurisdiction. The Tokens may not be offered or sold in the United States or to US persons unless registered under the Act or an exemption from the registration requirements thereof is available. Other jurisdiction-based prohibitions and restrictions apply.

Nothing herein constitutes any offer to sell, or any solicitation of an offer to buy, any assets, including any Tokens. Digital asset trading involves significant risk and volatility. Past performance is not and will not be an indication of future results. You may lose the full value of your investment and no profit is guaranteed. Please ensure compliance with your local laws and regulations and seek independent professional advice before investing.

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 | X | Telegram | LinkedIn | Discord

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/c9531ef5-2293-4eb8-9363-b198883cf994

GlobeNewswire Distribution ID 1001185052

June 1, 2026

CGTN: China-Africa ties at 70: From shared struggles to a common dream of modernization

BEIJING, May 31, 2026 (GLOBE NEWSWIRE) — This year marks the 70th anniversary of China-Africa relations. CGTN has published an article highlighting Africa’s priority role in China’s overall foreign policy, while tracing how the China-Africa partnership has been forged and strengthened over decades. The article also explores how deepening cooperation in recent years has helped enhance the voice and representation of the Global South, and contributed to advancing a more balanced and democratic international order.

As Chinese President Xi Jinping and Egyptian President Abdel-Fattah al-Sisi exchanged congratulatory messages on Saturday to mark the 70th anniversary of China-Egypt ties, the occasion also highlighted a broader milestone: seven decades of China-Africa relations.

Xi noted that over the past 70 years, China-Egypt relations have become a model of amity, solidarity and cooperation among developing countries, as well as a benchmark for cooperation between China and Arab states and between China and Africa.

Today, China-Africa relations have evolved from a friendship forged in shared struggles into a dynamic partnership dedicated to development, modernization and the rise of the Global South.

From solidarity to strategic partnership

The foundations of China-Africa friendship were laid during a period of profound political change.

From the 1950s to the 1970s, China firmly supported African countries in their struggles for national independence and liberation. African nations, in turn, played a decisive role in restoring the lawful seat of the People’s Republic of China at the United Nations in 1971. Of the 76 votes cast in favor of the resolution, 26 came from African countries – laying a strong foundation for China-Africa mutual trust.

Earlier this year, Chinese Foreign Minister Wang Yi visited Africa, continuing a 36-year tradition of making the continent the destination of China’s foreign minister’s first overseas trip each year, highlighting the importance of China-Africa relations.

Over the past two decades, China-Africa cooperation has expanded rapidly. The establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000 provided an institutional framework for cooperation, while China’s Africa policy of sincerity, real results, amity and good faith further guided bilateral relations. In 2015, the two sides elevated their ties to a comprehensive strategic cooperative partnership and launched the “Ten Cooperation Plans,” setting a strong foundation for rapid modernization across the African continent.

At the 2024 FOCAC summit, China and Africa further upgraded their relationship to an all-weather community with a shared future for the new era. China also expanded duty-free access from 33 African countries to all 53 African countries with diplomatic ties by 2025, becoming the first major economy to grant unilateral zero-tariff treatment across all product categories to every African country with which it has diplomatic relations.

Humphrey Moshi, a prominent Tanzanian economist, described China-Africa cooperation as a significant example of Global South solidarity. He said such solidarity helps transform developing countries from “passive participants” into “active shapers” of international rules.

Advancing modernization through practical cooperation

While political trust forms the foundation of China-Africa relations, economic cooperation has become both the stabilizer and growth engine of the partnership.

According to data released by China’s General Administration of Customs, China-Africa trade reached a record $348 billion in 2025, up 17.7% from the previous year, with China remaining Africa’s largest trading partner for the 17th consecutive year. The momentum has continued into 2026. In the first quarter alone, China’s trade with the African countries totaled 646.56 billion yuan ($92.2 billion), a year-on-year increase of 23.7%.

At the same time, the Belt and Road Initiative has reshaped connectivity across the continent by upgrading the railway system with projects such as the Tazara Railway and the Mombasa-Nairobi Standard Gauge Railway, which are flagship projects that set examples for high-quality Belt and Road cooperation between China and Africa.

According to China’s Foreign Ministry, China has signed debt-relief agreements or reached debt-relief understandings with 19 African countries as of 2023, making it the largest contributor to debt-service suspension efforts under the G20 framework.

Meanwhile, China has trained tens of thousands of African professionals through scholarships, vocational training and educational exchange programs. As of June 2025, China has established 17 Luban Workshops across 15 African countries, while the China-Africa university cooperation plan, a higher education initiative pairing Chinese universities with African institutions, has connected 114 higher education institutions.

Paul Frimpong, executive director and senior research fellow of the Africa-China Centre for Policy & Advisory, said China’s contribution to Africa’s development is increasingly visible.

“China’s sharing of knowledge, skills and experience in sectors such as manufacturing and green energy is having a profound impact on Africa’s journey toward modernization and self-reliance,” he added.

https://news.cgtn.com/news/2026-05-30/China-Africa-ties-at-70-Path-to-a-shared-dream-of-modernization-1NzbT7rDWhy/p.html

CGTN Digital [email protected]

GlobeNewswire Distribution ID 9729282

May 30, 2026

World Vape Day 2026: One Switch – Everyone Wins

WVA Celebrates the World Vape Day

#WorldVapeDay2026

BRUSSELS, May 30, 2026 (GLOBE NEWSWIRE) — Today, vapers, former smokers, and harm reduction advocates mark World Vape Day 2026. The theme this year is One Switch – Everyone Wins. It is not a slogan. It is what the data shows.

World Vape Day falls one day before the WHO’s World No Tobacco Day, and the contrast could not be starker. While the WHO spends tomorrow calling vapes and nicotine pouches industry tricks designed to hook a new generation, consumers in Germany, South Africa, Argentina, and many more countries took to the streets and Social Media this week to demand access to the less harmful alternatives that have already helped millions quit smoking.

“The WHO has been running the same playbook for years. Nicotine is the enemy, alternatives are industry tactics, and anyone who disagrees is compromised. Meanwhile, 8 million people a year die from smoking. That is not a public health record to be proud of,” said Michael Landl, Director, World Vapers’ Alliance.

The science is not in dispute among serious researchers. Vaping, nicotine pouches, and heated tobacco products all dramatically reduce exposure to the chemicals that kill smokers. Nicotine is addictive, but it is not the cause of smoking-related disease. Combustion is. When a smoker switches completely, the benefits extend to everyone around them. Secondhand smoke raises children’s risk of asthma, pneumonia, and bronchitis. Children of smokers are up to four times more likely to become smokers themselves. One switch removes almost all of that from the home.

The countries that understood this are now reaping the results. Sweden is smoke-free. The UK halved its smoking rate. New Zealand cut smoking among under-25s to around 3 percent and has the first smoke-free generation.

“Every country that has cut smoking fast did it by giving smokers real alternatives. World Vape Day exists to remind policymakers that the evidence is there. That we consumers are not anecdotes, we are the evidence. The tools are there. The only thing missing is the political will in too many countries,” Landl added.

For media enquiries: [email protected] www.worldvapersalliance.com

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/01526a12-daff-4be4-aa21-2454f91a5e71

GlobeNewswire Distribution ID 9729184

May 30, 2026

12B SPORTS Named Main Sponsor of VR46 Racing Team for the 2026 MotoGP Season

12B SPORTS announces its appointment as Main Sponsor of Pertamina Enduro VR46 Racing Team for the 2026 MotoGP World Championship season

LONDON, May 30, 2026 (GLOBE NEWSWIRE) — 12B SPORTS, a next-generation sports media platform, today announced its appointment as Main Sponsor of Pertamina Enduro VR46 Racing Team for the 2026 MotoGP World Championship season. The 12B SPORTS brand will appear prominently on both the team’s bikes and race suits, marking the platform’s most significant motorsport partnership to date.

Founded by nine-time World Champion Valentino Rossi, VR46 Racing Team is one of the most celebrated and passionately supported outfits in the MotoGP paddock. With riders Fabio Di Giannantonio and Franco Morbidelli competing at the pinnacle of the sport, the team commands a dedicated global following that spans generations and continents. It is precisely this community that 12B SPORTS is committed to serving, connecting, and inspiring.

“12B SPORTS brings a fresh and dynamic energy to our partnership portfolio. Together, we look forward to reaching new audiences and giving fans around the world a deeper connection to VR46 and the world of MotoGP,” said Alessio Salucci, Team Director VR46 Racing Team.

“We are very happy to welcome 12B SPORTS as main Sponsor of our MotoGP Team. The brand represents passion for sports information and it’s a hub for many fans all over the world. We cannot wait to start working together and reach a global audience,” said Gianluca Falcioni, CEO of VR46 Agency, managing sponsorship and partnership for VR46 Companies.

“VR46 is more than a racing team. It is a symbol of passion, authenticity, and the spirit of MotoGP,” said Rory Anderson, spokesperson for 12B SPORTS. “As Main Sponsor, we are proud to stand alongside one of the sport’s most iconic teams and bring fans even closer to the moments that define it.”

When sport moves people, it moves the world. 12B SPORTS and VR46 Racing Team share that belief, and this partnership marks the beginning of a journey to bring fans everywhere closer to the stories, rivalries, and moments that make MotoGP extraordinary.

About 12B SPORTS

12B SPORTS is a next-generation sports media platform built on the belief that sport has the power to unite, inspire, and connect. By bringing fans together through shared passion and immersive content, 12B SPORTS is creating a global community that celebrates the moments, stories, and personalities that make sport extraordinary.

About Pertamina Enduro VR46 Racing Team

VR46 Racing Team is a MotoGP team founded by Valentino Rossi, nine-time World Champion. The project was created with the mission of developing young racing talent and guiding them from Moto3 to MotoGP. Based in Tavullia, Italy, the team represents one of the most dynamic and recognizable organizations in the MotoGP paddock, combining sporting performance, innovation, and a strong brand identity. The VR46 Racing Team has competed in the MotoGP junior categories since 2014 and made its debut in the premier class in 2022. Since entering the MotoGP class, the team has partnered with Ducati and, in just four seasons, has achieved third place in both the Riders’ and Teams’ World Championship standings. In 2026, the Pertamina Enduro VR46 Racing Team competes with a rider line-up featuring Fabio Di Giannantonio and Franco Morbidelli.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7c83d9ca-abfe-42f2-a56c-8a68ea1d2abb

Contacts

Jeffery Tan
Marketing Manager
[email protected]

GlobeNewswire Distribution ID 1001184920

May 29, 2026

Two Babylonian Kings, an Egyptian Customs Official and a Corsican Hoard Lead TimeLine’s 2 June Antiquities & Ancient Art Auction

Day One is the flagship sale with a dedicated printed catalogue; 3-8 June sessions are online-only; Coins, Weights, Tokens & Medals follow on 9-10 June.

Corsican Bronze Age Hoard from the Ajaccio Area, Discovered c. 1880–1890

A rare Bronze Age Corsican hoard comprising a varied group of bronze objects, including a dagger or short sword, dagger pommel, crescent-shaped axe, harness fitting, several fibulae, and a group of rings. The collection gives a strong impression of Bronze Age metalworking, personal adornment, weaponry, and ritual or practical objects from the Ajaccio area.

HARWICH, United Kingdom, May 29, 2026 (GLOBE NEWSWIRE) — TimeLine Auctions, the British saleroom known for museum-level antiquities, will hold its Antiquities & Ancient Art Auction on 2 June 2026. Day One has headline pieces from Mesopotamia, Egypt, Greece and the western Mediterranean, within a wider sale spanning the Palaeolithic to the medieval period.

Large Egyptian Bronze Figure of Osiris with Lapis Lazuli Inlays

A large bronze mummiform figure of Osiris, shown wearing the central element of the Atef crown, with traces of lapis lazuli inlay still visible in the eyebrows and divine beard. The god is depicted in traditional form, with crossed arms holding the crook and flail, and fine details including a uraeus to the crown and recesses for further inlays. Mounted on a wooden base and supplied with a custom-fitted case, it is an impressive and highly decorative representation of Osiris.

Two named Mesopotamian kings sit at the top of the catalogue. A hemispherical bronze bowl carries the five-sign cuneiform name of Manishtushu of Akkad (c. 2270–2255 B.C., lot 249), one of the earliest named royal inscriptions to come to market in recent years. From the Kassite period come an agate eye-bead bearing the name of Kurigalzu II (lot 250), and a banded agate cylinder seal with a Sumerian prayer to the storm god Adad (lot 216).

The Egyptian section is headed by a forty-centimetre basalt figure of the Saite customs official Wahibre, kneeling to support a wide offering basin. Separated in the nineteenth century, the two parts moved through different collections and salerooms before coming together here for the first time at auction (lot 61). Other Egyptian highlights include a seventy-centimetre hollow-cast bronze Osiris of the 26th Dynasty (lot 81), and a painted wooden stele linking Amun at Luxor to Osiris at Abydos (lot 65).

Two Attic vessels lead the Greek section. A 6th-century B.C. black-figure pyxis shows the chariot procession of an Athenian bride, with the reception at her new house around the lid (lot 96). A fifth-century red-figure column krater pairs Europa with a Dionysiac triad, two scenes of divine power on one vessel (lot 88).

From the western Mediterranean come the Gravona bronzes, ten objects recovered from a railway cutting in Corsica in the 1880s and published by Robert Forrer in 1924.

Following Day One, the auction continues online-only from 3 June, with ancient art across multiple collecting categories. The programme concludes with an Ancient Coins sale on 9-10 June, alongside weights, tokens, medals and books.

Auction start time: 8am US Eastern / 1pm BST.

Bidding: Absentee, by telephone, or live online via TimeLine’s bidding platform, LiveAuctioneers, Invaluable or The Saleroom.

Payments: GBP accepted. Worldwide shipping available.

Questions: +44 (0) 1277 815121 or [email protected].
Online: https://timelineauctions.com

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GlobeNewswire Distribution ID 1001184791

May 28, 2026

Stoneshield Capital Closes Oversubscribed Opportunity Fund IV at €1.5 Billion Hard Cap

Stoneshield Capital Fund IV first invesments

Stoneshield Capital Fund IV first invesments, Meliá Hotels International, Exolum and Neinor Homes

LUXEMBOURG, May 28, 2026 (GLOBE NEWSWIRE) — Stoneshield Capital, a leading European investment firm focused on building and scaling platforms across real assets, announced today the final close of Stoneshield Opportunity Fund IV at its hard cap of €1.5 billion in total capital commitments, excluding co-investments, surpassing its original €1.0 billion target. The Fund closed within six months at twice the size of its predecessor fund, underscoring the strength of Stoneshield’s differentiated investment strategy, institutional platform and track record of execution. The pace of the fundraise was particularly notable in the current environment, where, according to Preqin, real estate funds globally have averaged 17 months to close.

The Fund was significantly oversubscribed, with aggregate interest surpassing €2.0 billion. The fundraise was anchored by strong support from Stoneshield’s existing global limited partners, with a 100% re-up rate, and was expanded through commitments from a select group of new global investors, including leading sovereign wealth funds, global consultants, pensions, insurance companies, endowments, family offices, and foundations across North America, Europe, the Middle East and Asia.

Fund IV will pursue control-oriented investments across European real assets and related corporate platforms, using ownership of the underlying asset base as the foundation to build and scale operating businesses. The Fund will focus on sectors supported by structural tailwinds, supply constraints and operational complexity, including energy infrastructure, living, student housing, hospitality, and critical infrastructure. To date, Fund IV has completed its initial investments, these include a €150 million joint venture with Neinor Homes to develop the largest premium residential project launched in Marbella in recent years; a 9.5% stake in Meliá Hotels International, making Stoneshield the company’s second-largest shareholder and giving the firm board representation at one of Europe’s leading hospitality platforms; and a 15% stake acquisition in Exolum, one of Europe’s leading energy logistics and critical biofuels infrastructure platforms.

Felipe Morenes Botin and Juan Pepa

Stoneshield’s Managing Partners, Felipe Morenés Botín and Juan Pepa, said, “We are grateful for the strong support from our existing and new investors, whose conviction reflects confidence in Stoneshield’s differentiated approach to European real assets. Our strategy is to bring a US private equity playbook to Europe, investing where hard asset ownership, operating capability and corporate complexity converge, and where disciplined underwriting and hands-on execution can unlock outsized value. Fund IV gives us the scale to continue executing that strategy: sourcing proprietary opportunities, scaling platforms around high-quality asset bases, and actively partnering with management teams to unlock growth through operational improvement and strategic repositioning. Europe remains a highly attractive market for investors who can pair local access with institutional execution and a control-oriented ownership mindset.”

PJT Park Hill and UBS Investment Bank served as financial advisors and placement agents to Stoneshield.

About Stoneshield Capital
Stoneshield Capital is a leading European investment firm with over €8 billion in AUM. Based in Luxembourg, it has a dedicated team of 30+ investment professionals working across European cities including Madrid, Lisbon and Dublin and over 30,000 professionals across portfolio companies.

Stoneshield was founded in 2018 by Juan Pepa and Felipe Morenés Botín (the “Managing Partners”) to capitalize on long-term real assets and private equity opportunities in Europe through a platform-led investment approach. Stoneshield was recently ranked among PERE’s Top 100 global fundraising franchises.

Notes to editor:

Stoneshield Capital joins Meliá Hotel International’s Board of Directors (https://www.globenewswire.com/news-release/2026/05/07/3290322/0/en/stoneshield-capital-joins-meli%C3%A1-hotel-international-s-board-of-directors.html)
Stoneshield Capital to acquire 15% stake in Exolum from OMERS (https://www.globenewswire.com/news-release/2026/05/22/3300241/0/en/stoneshield-capital-to-acquire-15-stake-in-exolum-from-omers.html)
Neinor Homes and Stoneshield Capital Launch €150mn Partnership to Develop Premium Residential Project in Marbella (https://www.neinorhomes.com/en/news/neinor-homes-and-stoneshield-capital-launch-150mn-partnership/)

Media contacts
Claudia Suárez
E: [email protected]
T: +353 (0) 87 465 4410

Photos accompanying this announcement are available at:

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GlobeNewswire Distribution ID 1001184358