SGX-Listed OIO Holdings Launches Beta Test Program of Enterprise Cryptocurrency Wallet

SINGAPORE, Sep 17, 2020 – (ACN Newswire) – SGX-listed OIO Holdings Limited ("OIO") is pleased to announce the beta test launch of Moonstake Enterprise Wallet, a cryptocurrency wallet for enterprise users. OIO is engaged in sales and marketing of Moonstake Enterprise Wallet – one of the B2B products of our strategic partner, Moonstake. OIO and Moonstake hope to target enterprises for the program, including SMEs & start-ups, which use cryptocurrencies for their operations or investments.

The Wallet hopes to address the current pain points which top management and finance departments face when holding and transacting cryptocurrencies. These include the inability to designate proper authorization and approval processes when paying with crypto, setting spending limits and generating transaction reports. The Wallet aims to be a secure and cost-effective solution that provides enterprise users with comfort and useability, common in online banking services, when transacting with cryptocurrencies.

Compliance and Control with Cryptocurrencies

Establishing proper internal controls over financial transactions is a critical part of compliance with regulatory requirements as well as good corporate governance practices. Authorizations for transactions are often distributed across multiple layers in an organization and spending limits are set for each person depending on their role in the organization. Financial reports can be also generated easily from most online banking systems and integrated to enterprises' accounting systems for audit and compliance purposes. These features enable enterprises to monitor assets and have an overview of their financial status in a timely manner.

However, enterprises using cryptocurrencies lack the same control and visibility that are common to most online banking services. Most of the existing wallet solutions, irrespective of whether they are custodian wallets or non-custodian wallets, do not provide the sufficient functions necessary to hold and use cryptocurrencies with sufficient control and accountability, which proves challenging for the enterprise adoption of cryptocurrencies.

As the blockchain-based services and cryptocurrencies grow in popularity across a variety of industries, OIO believes that the demand for an enterprise wallet which companies can use with confidence and ease will only increase. This is the current gap in the market which Moonstake Enterprise Wallet aims to address.

Current Wallet Features

The current beta version of Moonstake Enterprise Wallet supports major cryptocurrencies like ETH and USDT, and has functions such as instant and test payment, assigning of roles and rules, spending limits and bulk payments. Future versions of the Enterprise Wallet will include the addition of more cryptocurrency types, as well as other features such as the generation of on-demand financial reports for companies' management and finance departments.

In terms of security, the current beta product is a multi-signature wallet that requires at least two private keys to access stored funds. Future versions of the wallet will include potential deployment of secure multi-party computation (MPC) technology which would eliminate "single points of failure", and enhance the security for larger enterprise wallet users.

Goals of the Beta Test

OIO is now inviting enterprises interested in beta testing to provide feedback on the present challenges, and the features requested for using cryptocurrencies in their current workflow processes. The feedback and insights provided by early beta testers will help OIO develop the product further before it markets the Enterprise Wallet to a wider pool of enterprise users.

Ideal beta testers for the program include SMEs, start-ups and larger enterprises which are now holding and using cryptocurrencies or are planning to do so in future for their operations or investments. By joining the beta testing program, enterprise participants will stand to benefit from future business collaboration with OIO as an SGX-listed blockchain solution provider, and stand to benefit from being highlighted in joint marketing efforts with OIO in promoting the adoption of its blockchain solutions.

Register interest at OIO's website – https://oio.sg/oio-enterprise-wallet/.

"The vision of Moonstake Enterprise Wallet is to be a safe institutional-grade wallet that lets you hold, store and withdraw digital assets securely with necessary internal controls and visibility for the management of the companies," said Taku Edatsune, OIO's Head of Finance and Administration. "We believe the future increase in adoption of cryptocurrencies will increase the need for a cryptocurrency wallet which enterprises can use with confidence."

About OIO Holdings Limited

OIO Holdings Limited (KUX / OIOH.SI) is a Singapore Exchange-listed firm whose core businesses are the provision of mechanical and electrical ("M&E") engineering services, and blockchain-related agency and consulting services. Over the years, OIO has developed extensive expertise as an M&E engineering services and solution provider, and has built up a strong network of well-established clients engaged in luxury resorts or well-known projects in and around Singapore and the region.

OIO has expanded into blockchain-related businesses which include sales agency business, software development agency business and blockchain-related consultancy businesses. OIO's vision is to be the best service partner and provider of innovative technology solutions to power the growth of enterprises in Asia.

Website: http://www.oio.sg/
Facebook: https://www.facebook.com/oioholdings/
LinkedIn: https://www.linkedin.com/company/oio-holdings-limited/
Twitter: https://twitter.com/HoldingsOio

About Moonstake Pte Ltd

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof-of-Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from block validation transactions. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol, and provides business services through partners and companies. Staking is expected to help elevate blockchain technology and work for decentralisation. Please visit https://www.moonstake.io/.

Service contact:
Sam Lay, Head of Business Development, OIO. email: enquiry@oio.sg
Company contact:
Taku Edatsune, Head of Finance and Administration, OIO. email: press@oio.sg, or investor.relations@oio.sg

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

BnkToTheFuture makes a strategic investment in Blockpass

HONG KONG, Sep 15, 2020 – (ACN Newswire) – Blockpass and BnkToTheFuture are pleased to jointly announce a new working partnership that has been formed to bring a number of benefits to both companies. BnkToTheFuture, a pioneering global online investment platform which has facilitated the investment of hundreds of millions of dollars in FinTech and Crypto companies, is investing in Blockpass as a lead investor. BnkToTheFuture will also be integrating Blockpass' KYC Connect solution into its ecosystem to enable fast, simple and efficient KYC and AML services.

A global online investment platform that allows qualifying investors to invest in financial innovation including FinTech companies, funds and other new alternative financial products, BnkToTheFuture was established in 2010. With a strong focus on compliance, BnkToTheFuture has a community of over 100,000 professional FinTech investors and has invested in cryptocurrency and blockchain companies such as Coinbase, Kraken, Bitstamp, Circle, Shapeshift, Ripple, Bitfinex and over a hundred others.

Blockpass provides a KYC verification SaaS to businesses that operate in regulated industries and an increasingly remote world where trust needs to be verified digitally. Through the Blockpass digital identity protocol, end-users can easily create a verified portable identity that can be re-used to onboard with any service in minutes. Blockpass' unique token, PASS token, is a utility token which facilitates the working of the Blockpass ecosystem and the growth of its user base by rewarding both businesses and individuals that use the platform.

"It's always a pleasure to work with a company whose aims and values closely match our own," stated Adam Vaziri, Blockpass CEO. "Working with BnkToTheFuture provides a great opportunity for us to extend our services to an even wider audience as we seek to bring the cost of compliance down, both in terms of time and money. BnkToTheFuture's investment and integration of Blockpass reinforces that we must be on the right track!"

"As the world's longest-standing Bitcoin company and first ever crypto securities business, we have been working on compliance with global securities laws for over a decade now. We decided to invest and integrate with Blockpass in order to streamline meeting our compliance requirements with a pioneer in Blockchain regulatory technology," stated Simon Dixon, CEO BnkToTheFuture.com.

Both heavily interested in blockchain technology, cryptocurrencies and regulatory compliance, Blockpass and BnkToTheFuture seek to improve the way existing opportunities and services work by utilising groundbreaking technology. As remote working and online markets are increasingly becoming the norm, innovative and flexible solutions need to be utilised to meet changing needs. Blockpass' efficient compliance services and BnkToTheFuture's investment opportunities represent a new way forward for people and businesses in a technologically developed world.

About Blockpass

Blockpass is a unique, reusable digital identity (DID) solution for organizations that participate in regulated industries and in the increasingly remote business environment where trust needs to be verified digitally. Blockpass offers an alternative process to cumbersome, repetitive and expensive Know Your Customer (KYC) and Anti-Money Laundering (AML) checks through a seamless merchant dashboard that is setup immediately with pay-as-you-go and no initial fee. Blockpass' KYC Connect(TM) platform enables businesses to select requirements for customer onboarding that can include ID authentication, face-matching, address checking, AML ongoing monitoring and/or screening of sanctions lists, politically exposed persons (PEP), and adverse media. Through Blockpass, end-users easily create a verified portable identity that they can control and re-use to onboard with any service instantly. In response to the Covid pandemic, Blockpass recently developed a digital certificate service for Covid infection and antibody verification testing.

For more information and updates, please visit and sign up to the following:
Promotional video: https://youtu.be/SvO2cw3e-SI
Website: http://www.blockpass.org
Email: sales@blockpass.org

About BnkToTheFuture

BnkToTheFuture is a global Online Investment Platform allowing qualifying investors to build their investment portfolio in the equity of Crypto & FinTech companies, security tokens and other new alternative financial products. BnkToTheFuture was the very first securities business in the crypto market launching shortly after Bitcoin in 2010 and now has a community of over 100,000+ qualified investors from all over the world who have invested over $850 million in funding rounds listed on its online investment platform. BnkToTheFuture portfolio companies include Coinbase, Circle, Blockchain.com, Kraken, BitStamp, BitFinex, ShapeShift, BitPay, Ripple Labs and over 100 others. For more info visit https://BnkToTheFuture.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

ADERA to Broaden and Deepen its Business Presence in Chongqing, China

SINGAPORE, Sep 15, 2020 – (ACN Newswire) – Adera Global Pte. Ltd. ("ADERA" or the "Company"), an innovative financial services technology group headquartered in Singapore with a track record of more than 35 years, is pleased to announce that it has entered into two Memorandum of Understandings ("MOU") and a letter of intent to broaden and deepen its business presence in Chongqing, China.

Highlights:

– Supported by major Chinese institutions in the banking and trade industries, the supply chain financing platform will utilise ADERA's blockchain solutions and it will be jointly developed together with two established Chinese partners, Chongqing JiangBeiZui CBD investment Group and CCIF Pte Ltd
– Greater economic collaboration will facilitate more trade between Singapore and Chongqing and the supply chain financing platform will enable enterprises in Singapore and Chongqing to digitalise and standardise their trade processes and invoices
– With enhanced accountability and transparency via the supply chain financing platform, it fosters greater trust and confidence between financing institutions and transacting parties, leading to lower risks to business transactions and faster access to financing
– The fintech and data centre established by ADERA will be located in Bishan, Chongqing and it will focus on the development of fintech solutions, artificial intelligence and secured data capabilities, among other new technology innovations
– ADERA will also be participating in SMART CHINA EXPO 2020, where the Company will showcase its latest fintech and digitalisation innovations in this Virtual Expo

The MOUs and letter of intent are part of the China-Singapore (Chongqing) Demonstration Project on Strategic Connectivity and it is the third intergovernmental cooperation project between China and Singapore which mainly covers four key areas of cooperation: financial services, aviation industry, transportation logistics and information, and communication.

Previously, such intergovernmental cooperation projects have effectively facilitated the origination and completion of several China-Singapore cooperation projects. In 2018, 16 cross-border financing projects under the China-Singapore Demonstration Initiative on Strategic Connectivity were followed through.

Strategic Collaborations with Established Chinese Private Enterprises and Government Agencies in Chongqing

Chongqing, in southwest China, is one of four municipalities directly controlled by the central government – the other three are Beijing, Shanghai, and Tianjin. Chongqing has posted double-digit economic growth for more than a decade and in 2019, Chongqing posted a GDP growth of 6.3% Y-o-Y to RMB 2,361 billion in 2019.

ADERA's first MOU and letter of intent relates to the development of the first supply chain financing platform for cross border trade activities between Singapore and Chongqing.

Utilising ADERA's blockchain solutions and technology capabilities, the supply chain financing platform will be jointly developed together with two established Chinese partners, Chongqing JiangBeiZui CBD investment Group, a state-owned enterprise, and CCIF Pte Ltd, a state-related business agency.

In addition, the supply chain financing platform has obtained the support from major Chinese institutions in the banking and trade industries that comprise of Bank of Chongqing, YuMaoTong Foreign Trade Service Platform and Chongqing Tianlian Citrus Network Technology Co. Ltd.

To facilitate a greater volume trade activities between Singapore and Chongqing and improve efficiency between business enterprises in both countries, the blockchain-based supply chain financing platform will integrate multiple e-invoicing standards in China to conform to the PEPPOL e-invoicing standard that is recognised internationally.

With enhanced accountability and transparency via the supply chain financing platform, it can foster greater trust and confidence between financing institutions and transacting parties, leading to lower risks to business transactions and faster access to financing.

The pilot supply chain financing platform is expected to be introduced by the end of 2020 and there is potential to replicate the platform across other key markets in China and connecting more business enterprises and transactions between China and Singapore.

The second MOU is signed between ADERA and Chongqing Bishan District Government to establish a fintech and data centre, spearheaded by ADERA, which will be located in Bishan, Chongqing. The fintech and data centre will focus on the development of fintech solutions, artificial intelligence, and secured data capabilities, amongst other new technology innovations.

Commenting on these milestones, Mr. Lennon Tan, Chairman of ADERA, said: "The MOUs and letter of intent reflect our strong commitment to serve the business communities in both Chongqing and Singapore with our technology innovations and deep industry experience.

Working together with our established MOU partners in Chongqing, we look forward to develop an enhanced ecosystem of trust that transcends geographical barriers and creates new value propositions that will benefit stakeholders.

Paving the way for the mainstream adoption for digitised supply chain documentation and data integration, we believe that our blockchain-based supply chain financing platform will lead to a higher volume of cross border trades and faster access to supply chain financing while lowering risks at the same time among transacting parties."

Mr. Lennon Tan, added, "Sharing a common vision of developing and commercialising new technology innovations with the district government in Bishan Chongqing, our fintech and data centre in Chongqing aims to be a gateway to enable more advanced technology applications to create a more inclusive community."

Showcasing ADERA's Latest Fintech and Digitalisation Innovations in SMART CHINA EXPO 2020

In addition, ADERA is participating in the SMART CHINA EXPO 2020, which is an annual gathering for international enterprises, industry leaders, scholars and experts, and government officials to share and explore the latest developments in the fields of smart technology, smart industry, smart manufacturing, and smart application.

Due to the COVID-19 pandemic, SMART CHINA EXPO 2020 has been transformed into a virtual platform and ADERA will be showcasing its latest fintech and digitalisation innovations in the following areas:

– Blockchain driven cross-border e-invoicing & supply chain platform
– Digital identity solutions enabling enrolment to verification
– Fintech transformation for banking institutions with workflow automation & intelligent kiosk
– Biometric contactless attendance and temperature-taking system with contact tracing
capabilities

About Adera Global Pte Ltd ("ADERA")

Serving global banks, financial institutions, telecommunications and government agencies around the world, ADERA is a financial services technology group headquartered in Singapore providing a platform of innovative fintech, digitalisation and data security solutions.

With an established track record of more than 35 years, ADERA aims to enable our customers to digitalise and enhance their business models to broaden access to new markets, improve end- users experience and develop greater business efficiency.

For more information, please visit ADERA website: https://aderaglobal.com

Issued on behalf of Adera Global Pte. Ltd. by 8PR Asia Pte Ltd.

Media Contact:
Mr. Alex TAN
Mobile: +65 9451 5252
Email: alex.tan@8prasia.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake partners with TZ Ventures, Tezos centric blockchain startup combinator from South Korea

SINGAPORE, Sep 15, 2020 – (ACN Newswire) – We are pleased to announce that Moonstake and Binarystar entered into a strategic partnership with TZ Ventures from South Korea accelerating industry adoption of staking within Tezos's ecosystem.

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia's Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS / Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake's staking pool supports Cosmos, IRISnet, Ontology, Harmony, Cardano, QTUM and supports Tezos thereby providing current users with the flexible option to adopt Tezos for staking purposes.

Moonstake users have the ability to use their Tezos Asset (XTZ) to earn rewards through its website based staking pool. With Tezos, the active community will be able to stake their coins on the Moonstake platform. Unlike other cryptocurrencies to stake, if you have more than 1 XTZ, you can get connected with a validator and are eligible to receive rewards. To perform staking with Moonstake, you need to create an account and stake at Moonstake Web Wallet. At this time, the transaction fee will be charged. Rewards are automatically handed out based on the tokens you have in your wallet. The entire quantity held in the wallet will continue to be staked. You are free to send and receive tokens in your wallet at any time, even while staking. There is no lockout period.

TZ Ventures incubates early stage blockchain startups based on Tezos. They provide support to projects building on Tezos and venturing into equity financing. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more.

Tezos is a technology for deploying a blockchain capable of modifying its own set of rules with minimal disruption to the network through an on-chain governance model. Unlike Bitcoin, Tezos does not rely on mining (Proof of Work), but instead utilizes a Proof-of-Stake based consensus model. At Tezos, all stakeholders can participate in managing the protocol. The selection cycle offers a formal and systematic procedure for stakeholders to agree on proposed protocol changes. By combining this in-chain mechanism with self-change, Tezos can change this initial selection process to adopt better management mechanisms as soon as it is realized. At Tezos, all stakeholders can participate in managing the protocol. The selection cycle offers a formal and systematic procedure for stakeholders to agree on proposed protocol changes. By combining this in-chain mechanism with self-change, Tezos can change this initial selection process to adopt better management mechanisms as soon as it is realized.

Moonstake will work closely with Jaywon Lee, Director of TZ Ventures and Diego Olivier Fernandez Pons, Scientific Advisor of TZ Ventures.

Jaywon Lee, Director of TZ Ventures:
Jaywon is the Director for TZ Ventures which is a Tezos-centric incubator for start-ups seeking to use the Tezos blockchain protocol. TZ Ventures helps start-ups to achieve technical, business and organizational milestones during the intensive incubation program to prepare for the demo day. He is also a business school professor and teaches accounting and entrepreneurship in the undergraduate, MBA and corporate programs. He has extensive experience in establishing and incubating start-up companies which span a wide spectrum of industries (AR/VR, bio/medical, blockchain, cybersecurity, De-Fi, E-commerce, entertainment, fin-tech, green energy, logistics, mobile health and prop-tech) in multinational locations (Chile, France, Hong Kong, Korea, Qatar, Saudi Arabia, Singapore, Taiwan, Thailand, UAE, UK, US and Vietnam). He is also an author of a best-selling IT book in Korea titled, "How to become a blockchain company". He earned his BS at U.C. Berkeley, completed the MS program at Purdue University and received his PhD at Columbia University.

Diego Olivier Fernandez Pons, Scientific Advisor of TZ Ventures:
Diego Olivier Fernandez Pons has been advising Tezos on scientific topics since 2014. He is a founding board member of the Tezos Foundation. While he was a board member of the Tezos Foundation, he created the Tezos R&D Labs (Nomadic Labs), launched the scientific partnerships between Tezos and scientific institutions like INRIA and IMDEA (French and Spanish research institute in computer science), he created the Tezos Foundation grant program. He also helped the creation of 4 Tezos Foundations in Asia (Japan, Korea, China and Singapore). He is today scientific advisor of TzVentures.

Moonstake's partner Binarystar will also support marketing efforts for this partnership and both companies by event organization and local community development on staking technology and blockchain adoption. This partnership will create synergies by jointly driving blockchain staking activity and accelerating industry adoption of staking within Tezos's ecosystem.

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Staking adopts Proof of Stake (PoS) as a type of consensus algorithm which allows cryptocurrency holders to increase the likelihood of receiving block rewards from its block validation transaction. It brings together the ability to stake and ultimately distributes block rewards based on contribution. Moonstake develops a staking pool protocol and provides business services through partners and companies. Staking is expected to help elevate the blockchain technology and work for decentralization. https://www.moonstake.io/

About TZ Ventures

TZ Ventures incubates early stage blockchain startups on Tezos. They provide support to projects building on Tezos and venturing into equity financing in South Korea. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more. https://www.tz.ventures/

About Binarystar Co. Ltd.

Binarystar Co. Ltd. is a leading Japanese incubation platform with Japan's biggest Blockchain business hub in the heart of Tokyo. It has multiple proprietary outlets to promote blockchain businesses to companies throughout Japan and East Asia and operate as a consulting body to accelerate business in such areas. https://binary-star.business/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Samtrade FX Signs Sponsorship Deal with EPL Team Wolverhampton Wanderers FC

LONDON, Sep 11, 2020 – (ACN Newswire) – Global trading platform Samtrade FX has inked a sponsorship deal with English Premier League team Wolverhampton Wanderers Football Club ("Wolverhampton Wanderers FC"), also known as the Wolves. The sponsorship will be for the current 2020/2021 season.

Samtrade FX's latest agreement with the Wolves comes on the heels of the online trading brokerage's two-season sponsorship deal with English Football League team Cardiff City FC, inked in late August 2020. These recent deals are an indication of Samtrade FX's growing interest to expand into the European market.

Samtrade FX's sponsorship deal with the Wolves is a digital asset partnership. As the Wolves' Official Forex and Online Financial Trading Partner, Samtrade FX will have its logo, branding, and corporate colours displayed prominently on pitch side LEDs during matches, as well as in the Wolves' social media campaigns.

Samtrade FX founder and Chief Executive Officer, Sam Goh, commented on the partnership, "Following our recent sponsorship of the EFL's Bluebirds, we are excited to be sponsoring a prominent EPL team – the Wolves. This partnership with the Wolves further solidifies our global growth strategy, particularly in terms of growing our visibility within Europe."

"We are optimistic that this deal will enable us to reach greater heights in our respective fields, and look forward to a fruitful partnership and journey together."

Commenting on the sponsorship, Wolves General Manager for Marketing & Commercial Growth Russell Jones said: "We're delighted to be partnering with Samtrade FX as club's official Forex and online financial trading partner. Our ethos is centred around partnering with ambitious companies who share our challenger vision for global brand growth. As an award winning FX company with significant market share in Malaysia, Indonesia, Vietnam, and Thailand, Samtrade FX are a perfect fit. In return, Samtrade FX will utilise the club's digital assets to expand their reach into Europe. On behalf of everyone at Wolves, I'd like to welcome Samtrade FX to the Wolves pack."

The Wolves' emphasis on unity, best exemplified by its 'One Pack' fan mentality, resonates deeply with Samtrade FX. The latter was founded with the ethos, "for traders, by traders", and has a team of advisors and customer service staff that are committed towards supporting clients throughout their trading journey. This focus on community is an underlying similarity between the Wolves and Samtrade FX.

Samtrade FX, an online foreign exchange ("forex") trading brokerage, was founded in 2015 with the clear objective of providing traders with safe, easy, and affordable access to foreign exchange markets. With a network of regional presence in Malaysia, Indonesia, Vietnam, Thailand, the brokerage has progressively expanded its operations since its establishment.

Samtrade FX also recently won "Best Trading Platform, Asia", "Best Forex Introducing Broker, Asia" and "Best FOREX ECN/STP Broker" at The London Trader Show 2020, which speaks to its strong reputation and credibility as recognised by the industry's top panel of experts and retail traders from around the world.

ABOUT SAMTRADE FX

Samtrade FX is an online trading brokerage that provides forex trading and other related services. It was founded with the objective of providing traders with safe, easy, and low-cost access to foreign exchange markets. Samtrade FX's founders and partners are all traders themselves and have extensive trading experience in forex and contract for differences trading. Its Advisory Board includes knowledgeable and experienced professionals who are able to provide clients with unrivalled professional advice.

Samtrade FX is incorporated in Saint Vincent and the Grenadines under registered number 25290 IBC 2019 by the Registrar of International Business Companies, and is registered by the Financial Services Authority of Saint Vincent and the Grenadines to carry on the business of dealing in securities as a Principal. Samtrade UK International Limited is an appointed representative registered with the Financial Conduct Authority, with FSR Number 929921.

Media Contact
Charles Ng
charles.ng@samtradefx.com

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

XanPool Concludes US$4.3 Million Series Pre-A Financing

HONG KONG, Sep 11, 2020 – (ACN Newswire) – Hong Kong-based fintech startup XanPool (xanpool.com) is pleased to announce it has raised US$4.3 million in a Pre-A financing round led by blockchain technology and service provider OK Group, alongside Hashkey and Gumi Cryptos, to spearhead its infrastructure expansion into the eastern hemisphere.

Xanpool's Jeffery Liu, CEO on Left, and Artem Ibragimov, CTO on Right.

XanPool's payment infrastructure allows instant processing of traditional and cryptocurrencies without custody risk. Conventional crypto exchanges require long waiting times – several hours days to days – to clear deposits and withdrawals. Several high-profile exit scams in the space has led users to be wary of keeping substantial amounts of crypto-currency on an exchange.

XanPool C2C software enables users to settles their crypto-currency to local-currency trades in seconds instead of hours, without taking custody of customer funds throughout the entire process. This is done by having users run XanPool's custom APIs, which are built into local payment solutions such as FPS in Hong Kong, IBFT in Pakistan, and InstaPay in the Philippines.

Essentially, the C2C technology allows individuals and businesses to participate in market-making between cryptocurrencies and the local currency by "plugging" their financial infrastructure (such as bank accounts and e-wallets) into the XanPool network. They will then join an extensive C2C network of over 500 liquidity providers across the Asia Pacific region.

XanPool currently has over 75,000 transacting users in over 8 South East Asian countries, and has plans to expand into Pakistan, Bangladesh, Russia, Japan, Korea, Australia, and New Zealand in the coming two quarters.

Commenting on the successful funding round, Estrella Du, a representative from OK Group's Investment Department, said: "The Eastern Hemisphere has seen massive adoption of digital payments; we think XanPool's first-principles reconsideration of crypto on and offboarding infrastructure can drive massive efficiency in the Asian ecosystem. OK Group is excited to partner with XanPool in building the next generation payment infrastructure."

Jeffery Liu, Chief Executive Officer at XanPool, said, "Our aim is to build the most affordable infrastructure for the processing and of cryptocurrency, and routing of local currency; the money raised will allow us to expand beyond Southeast Asia and reach out to a wider group of users on the Eastern Hemisphere."

XanPool's architecture has applications in cross-border payments as well, says Jeffrey. "Besides our geographical expansion, one of the focus areas for our next few quarters will be the traditional-online merchant payment space. Merchants across Asia are encumbered by legacy payments routing institutions, intermediaries, and infrastructure.

"Cryptocurrencies can enable instant, peer-to-peer cross-border routing and settlement, cutting out the middle men. Imagine a Pakistan merchant accepting Hong Kong dollars with FPS and receiving Rupees through IBFT within a few minutes."

Daniel De Weyer, former Global Director at SWIFT, after having worked for over 20 years at SWIFT, has also joined the XanPool team as a Director. As such, Daniel will assist in and lead some of XanPool's geographic, and product expansion effort westwards.

About XanPool

XanPool software allows anyone to seamlessly enable Crypto to Fiat on or offboarding. Instantly executing and settling transactions without taking custody of customer funds. Our unique C2C software solution and liquidity network makes the onboarding and offboarding infrastructure in crypto much more user friendly, and resilient against existing infrastructure dependency (such as bank partners). We allow institutions and retail to on and off board regardless of their infrastructural limitations.

XanPool analogizes its collective technology to a "SWIFT-like Network", but instead of taking days or weeks to settle, XanPool, using only more modern payment solutions with less overhead and risk, can settle similar transactions with a fraction of the cost, and speeds which are magnitudes faster, within seconds. Visit xanpool.com.

Jeffery Liu, Chief Executive Officer at XanPool, is available for interviews.
Media: Fred Tan, Marketing & PR Manager
Email: Fred@XanPool.com & Support@XanPool.com
Phone: +852 5334 3110 (WhatsApp only)

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Moonstake and Infinito Wallet enter into partnership to enhance the staking ecosystem and scale the Defi projects

SINGAPORE, Sep 10, 2020 – (ACN Newswire) – We are pleased to announce that Moonstake and Infinito have entered into a strategic partnership to bring the staking economy to the hands of people. Infinito Wallet will integrate with Moonstake to enable staking for all assets operated in Moonstake's staking pools.

This partnership will open a door for Infinito Wallet users to directly stake through Moonstake staking pools and earn rewards without any hassle process. This strategic partnership will create the synergies by jointly driving staking activity and accelerate industry adoption of the staking ecosystem. Besides, both parties will conduct joint research on DeFi products.

Moonstake is an advanced technology company with specific focuses on blockchain and staking technologies to build Asia's Biggest Staking Network. Moonstake was established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Signature products include Moonstake Web Wallet along with Moonstake Mobile Wallet (iOS/Android) enabling full staking functions and to be an all-in-one gateway for users to maximize the usage and potential of cryptocurrencies. Currently, Moonstake's staking pool supports Cosmos, IRISnet, Ontology, Harmony, Cardano, QTUM and Tezos thereby providing current users with the flexible option to adopt staking purposes.

Our strategic partner, Infinito Wallet unlocks the power of investing and trading of top cryptocurrencies. It provides a safe place for every user to manage and grow their crypto wealth, and enjoy decentralized finance. Infinito Wallet has been growing with over 30,000 active users globally and millions of USD in cryptocurrencies being managed on the wallet by the user community. Infinito Wallet is frequently ranked amongst the best wallets for crypto communities in the world such as one of the best wallets for EOS, ADA, ETH, ONT, best crypto Wallet & DAPP Browser and more.

Infinito Wallet was one of the first mobile wallets on the market to support services and assets on BinanceChain, ADA, EOS and many more top-tier blockchain protocols. Top leading blockchain service providers and various protocol have joined Infinito ecosystem to offer benefits and advanced features to the community, and boost the expansion of the crypto ecosystem such as Binance, Tomochain, Neo, EOS, Ontology, IRIS, IOHK for Cardano, Holdex, Kybernet work, FIO with over 50+ leading Dapps and services.

Furthermore, dApps browser for interacting with the DeFi ecosystem within the wallet by providing nativie exchange feature with Changelly exchange, peer-to-peer way to buy Bitcoin with 167 fiat currencies through over 300 payment methods at great prices with Paxful (peer-to-peer BTC market place), buy crypto with debit & credit card with the best rate with Simplex and more. Through the expansion of its partner network, Infinito Wallet wants to make crypto investment easy for mass adoption.

As a leading blockchain tech provider, Infinito has also released the Infinito Blockchain Platform (IBP for short), a comprehensive all-in-one blockchain platform for businesses, developers and academia to seamlessly make use of a wide variety of blockchain-based functionality in one place. It enables easy development of decentralized apps using APIs. Businesses can also choose from various turnkey SaaS, modules, services, and solutions periodically to their needs. Infinito invites blockchain developers and technology companies around the world to aboard IBP and create a value-driven blockchain ecosystem through which anyone utilizing, or looking to utilize blockchain can succeed.

Mitsuru Tezuka, CEO at Moonstake says:
"Infinito Wallet offers safe and easy access to various blockchain-powered services. With the strong collaboration between Moonstake and Infinto, both of our ecosystems can provide the best services to both the community and entire blockchain industry, We are looking forward to our upcoming integration."

Jack Nguyen, Director at Infinito Wallet says:
"We are excited to partner with Moonstake, which is committed to creating Asia's biggest staking pool network so Infinitors and Moonstake users can enjoy a perfect blockchain and staking experience. We believe that this partnership further boosts the Defi ecosystem and grows the wider blockchain community together."

About Moonstake
Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

Moonstake aims to create the largest staking pool network in Asia, a robust environment for the cryptocurrency holders is one of its missions. Establishing a clear partnership roadmap with Moonstake represents another significant milestone for continuing to strengthen ties with leading platforms across Asia's burgeoning Distributed Ledger Technology (DLT) ecosystem. partnership has been announced with Emurgo, Ontology and NEO to boost staking adoption, Binarystar, Japan's biggest blockchain hub, OIO Holdings Limited (SGX: OIO), a Singapore Catalist-Listed company. Industry's reputed advisors, such as Lisk and Lawrence Lim of RAMP DEFI support Moonstake's innovative journey. https://www.moonstake.io/

About Infinito Wallet
Infinito Wallet is a leading decentralized finance wallet for crypto users, serving as a gateway for users to maximize usage and potential of their cryptocurrencies. Being a safe place for people to start investing and earning money with cryptocurrencies, Infinito Wallet provides a seamless and educational onboarding process for newbies as well as a comprehensive feature list that enables people to buy, sell, trade, stake, lend and secure their crypto fund. The goal Infinito Wallet wants to achieve is to make cryptocurrencies easy for people to adopt and enjoy. https://www.infinitowallet.io/

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Compagnie Financiere Tradition SA Acquires 100% of OM Wholesale in New Zealand

SINGAPORE, Sep 2, 2020 – (ACN Newswire) – Compagnie Financiere Tradition ("Tradition") has today announced its acquisition of OM Wholesale Ltd ("OMW"). OMW is New Zealand's only independent interbank broking business having been formed in a restructure preceding the sale of OM Financial Ltd to First NZ Capital Securities Ltd in 2018. The Wellington-based business of experienced foreign exchange and interest rate derivative brokers has been re-named Tradition Kiwi Brokers Limited.

Compagnie Financiere Tradition SA is one of the world's largest interdealer brokers in over-the-counter financial and commodity-related products. Represented in 30 countries, Compagnie Financiere Tradition SA employs more than 2,300 people globally and provides broking services for a complete range of financial products (money market products, bonds, interest rate, currency and credit derivatives, equities, equity derivatives, interest rate futures and index futures) and non-financial products (energy and environmental products, and precious metals). Compagnie Financiere Tradition SA (CFT) is listed on the SIX Swiss Exchange.

Contact: Kenny Campbell
Email: kenny.campbell@traditionasia.com

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/62846

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com

Compagnie Financiere Tradition SA Acquires 100% of OM Wholesale in New Zealand

CDS Chain’s STO application approved by the U.S. SEC

SINGAPORE, Sep 1, 2020 – (ACN Newswire) – Commercial Data Storage [CDS] application for token offering [STO] has been approved by the U.S. Securities and Exchange Commission [SEC], with the filing available online at SEC's public database, EDGAR. CDS is a smart agreement based on POTS (Proof of Traffic-measured Storage) consensus technology and focusing on distributed data commercial storage.

CDS' consensus design combines the IPFS distributed technology concept and the needs of financial data flow with POTS-based flow storage consensus technology. Through the design and recording of intelligent contracts and the preservation of digital information and content of CDS-based financial transactions, CDS can enhance confidentiality and security while realizing the capitalization of personal data.

CDS focuses on commercial data storage agreements, and is committed to realizing a solution of trust, security and efficiency in global business transactions while promoting the development of commercial business. At this stage, CDS focuses on value trading services, while in future it will essentially promote a two-way development of transaction services between commercial transactions and financial institutions.

CDS, as a new protocol following financial data flows, has an on-chain storage and call system encrypted with blockchain technology. A central characteristic of this data system effectively integrates the coexistence of enterprise data producers with distributed data carriers.

The approval and publication of the CDS registry and filing, and CDS' compliance with SEC regulation in the future, will lead to a more balanced STO in which investors will be more secure. The STO will be a milestone event for CDS on the road to globalization.

Crise Wong, service@cdschain.com, www.cdschain.io,
SEC CIK: 0001822768; SEC Report: https://sec.report/Document/0001822768-20-000001/
SEC Filing: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001822768

Copyright 2020 ACN Newswire. All rights reserved. http://www.acnnewswire.com