KUALA LUMPUR, May 26 (Bernama) -- ICHAM Pte Ltd, a regional multi-family office and alternative asset manager, has launched a new open-ended Singapore Variable Capital Company (VCC) fund that invests in selected sectors of United States (US) equities and incorporates option-based strategies.
The fund aims to provide periodic income generation potential and total returns for investors and is available exclusively to accredited and institutional investors, according to ICHAM in a statement.
ICHAM Chief Executive Officer, Archan Chamapun said the investment strategy combines a value-orientated approach with an income-focused overlay within US equities to enhance income generation potential and total returns.
“The fund is designed to offer a sector rotation approach to US large-cap equities beyond traditional market cap weights,” he said.
Meanwhile, the fund’s lead Portfolio Manager, Felix Chew said the investment approach is designed to balance participation in equity markets while targeting periodic income distribution objectives across different market conditions.
With US equity valuations near historic highs and interest rates remaining volatile, the fund may appeal to accredited and institutional investors seeking income-orientated strategies in the current market environment.
Backed by academic research, the fund adopts a rules-based institutional investment framework focused on long-term risk management within a systematic investment framework for investors in the long term.
ICHAM has been serving accredited and institutional investors with tailored investment solutions since 2019 and is recognised for its expertise in alternative asset classes and structured products.
-- BERNAMA
Tuesday, 26 May 2026
Citycare Property Cuts Onboarding Times and Streamlines HR Processes With Boomi
Citycare Property Cuts Onboarding Times and Streamlines HR Processes With Boomi
Boomi enables New Zealand infrastructure company to modernise employee management processes, unifying data across systems and accelerating workforce onboarding
AUCKLAND, New Zealand, May 26 (Bernama-BUSINESS WIRE) -- Boomi, the data activation company, today announced Citycare Property has streamlined its HR and employee management processes using the Boomi Enterprise Platform, resulting in faster onboarding times, improved data quality, and increased employee satisfaction.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260525607586/en/
Citycare Property is a New Zealand-owned social infrastructure organisation that delivers critical services — building, maintaining, operating, and renewing essential infrastructure — to central and local governments nationwide. To support continuing growth and business evolution, Citycare Property wanted to modernise its human resources processes and systems.
Citycare Property implemented a new Human Resources Information System (HRIS) platform. The organisation needed to ensure employee management processes were seamless across all systems – including HR, payroll, and IT platforms – while also having a consistent, unified view of its workforce. This connectivity would ensure high data integrity and security standards were met while supporting efficient onboarding, offboarding, and ongoing HR operations. Citycare Property engaged Boomi partner Adaptiv to identify and implement a solution to provide that connectivity.
"Onboarding a new hire, setting up their account, and getting them active in our systems used to eat up days of work," said Adam Doocey, CIO, Citycare Property. “Prior to doing the integrations, visibility into where someone was in the process wasn't always straightforward. The Adaptiv team was willing to set the technology aside and talk to our people.”
To address Citycare Property’s integration challenges, Adaptiv implemented the Boomi Enterprise Platform’s Data Hub and Integration capabilities. This established a single, unified view of each employee across all platforms, introducing a consistent framework and meaningfully improving the accuracy and reliability of its workforce data changes — onboarding, role transitions, offboarding — regardless of the platform in use. All updates are automatically reflected across HR, payroll, and IT systems, enabling efficient, secure changes without disrupting day-to-day operations, which provides a scalable foundation to support future growth..
“We felt that Boomi, with its integration and master data capabilities, was a great fit for Citycare because it enabled us to put the employee at the center of the integration,“ said Philip Durrant, Principal Consultant, Adaptiv. “Use of the Boomi platform balanced the immediate requirements of the project with a future facing view for Citycare by enabling additional systems to be plugged into Boomi Data Hub with minimal rework to the original system as delivered.”
By centralising and synchronising data across all platforms, Boomi delivered measurable improvements across Citycare Property's HR function. Onboarding timelines were reduced, enabling new employees to be activated in systems far more quickly and efficiently. Meanwhile, HR processes became notably smoother and more dependable, which was noticed by employees as their satisfaction increased.
“Boomi has given us a degree of visibility that we've never had before,” said Doocey. “We've seen an improvement in the time it takes to get an employee from registering in our HR system to being active across all of our systems. We've also seen a real lift in data quality in the downstream systems – historically, when issues arose, staff would often work around them by manually adjusting the data. Implementing Boomi has put an end to that practice.”
David Irecki, Chief Technology Officer, APJ at Boomi, said, "Citycare Property has proven that putting the employee at the centre of your integration strategy delivers real, measurable results for the entire organisation. In partnership with Adaptiv, Boomi is proud to support Citycare's workforce modernisation and provide the data foundation that keeps their operations running smoothly."
Additional Resources
About Boomi
Boomi, the data activation company for AI, powers the agentic enterprise by bringing data to life across the business. The Boomi Enterprise Platform is the active data foundation that delivers essential agentic infrastructure to drive agentic transformation. By unifying agent design and governance, API and MCP management, integration and automation, and data management into a single platform, Boomi enables organizations to harness the power of AI with secure, scalable connectivity. Trusted by over 30,000 customers and supported by a network of 800+ partners, Boomi helps organizations of all sizes achieve agility, efficiency, and innovation at scale. Discover more at boomi.com.
© 2026 Boomi, LP. Boomi, the ‘Boomi’ logo, the ‘B’ logo, and Boomiverse are registered trademarks of Boomi, LP or its subsidiaries or affiliates in the US and other countries. All rights reserved. Other names or marks may be the trademarks of their respective owners.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260525607586/en/
Contact
Media Contact:
Jasmine Ee
Global Communications
jasmine.ee@boomi.com
Source : Boomi
Monday, 25 May 2026
ABAXX LAUNCHES SILVER SINGAPORE FUTURES TRADING
KUALA LUMPUR, May 25 (Bernama) -- Abaxx Technologies Inc (Abaxx), a financial software and market infrastructure company, announced that trading has commenced in Silver Singapore (SSP) futures, expanding Abaxx Exchange’s precious metals product suite.
The contract is designed to address the gap between global silver price formation and the physical requirements of Asia’s industrial silver market, where demand for higher-purity material is increasing across solar and advanced electronics supply chains.
By establishing a physically deliverable four-nines silver benchmark in Singapore, Abaxx SSP futures are intended to support more direct price discovery and hedging for commercial participants managing physical silver exposure in the region.
According to a statement, the Abaxx SSP futures contract is a United States dollar-denominated, 1,000-troy-ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore, including Brink’s Singapore.
Silver Institute President and Chief Executive Officer Michael DiRienzo said the launch marks a meaningful step forward for the global silver market, adding that Abaxx is addressing a long-standing gap in price discovery for Asia’s industrial silver users.
“The Silver Institute welcomes innovations that strengthen market infrastructure and give commercial participants better tools to manage their physical silver exposure,” he said.
SSP futures are available for trading from 10 am for 14 hours on weekdays, except Singapore public holidays.
-- BERNAMA
The contract is designed to address the gap between global silver price formation and the physical requirements of Asia’s industrial silver market, where demand for higher-purity material is increasing across solar and advanced electronics supply chains.
By establishing a physically deliverable four-nines silver benchmark in Singapore, Abaxx SSP futures are intended to support more direct price discovery and hedging for commercial participants managing physical silver exposure in the region.
According to a statement, the Abaxx SSP futures contract is a United States dollar-denominated, 1,000-troy-ounce, physically deliverable product of 0.9999 fineness, with delivery into approved vaults in Singapore, including Brink’s Singapore.
Silver Institute President and Chief Executive Officer Michael DiRienzo said the launch marks a meaningful step forward for the global silver market, adding that Abaxx is addressing a long-standing gap in price discovery for Asia’s industrial silver users.
“The Silver Institute welcomes innovations that strengthen market infrastructure and give commercial participants better tools to manage their physical silver exposure,” he said.
SSP futures are available for trading from 10 am for 14 hours on weekdays, except Singapore public holidays.
-- BERNAMA
Friday, 22 May 2026
FIDO Alliance Unveils Agenda For Authenticate APAC 2026 In Singapore
KUALA LUMPUR, May 21 (Bernama) -- The FIDO Alliance has announced agenda themes and programme highlights for Authenticate APAC 2026, scheduled to take place from June 2 to 3 at the Grand Hyatt Singapore.
The inaugural Asia-Pacific (APAC) conference will bring together industry leaders to discuss developments in authentication and digital identity, including passkeys, artificial intelligence (AI), digital credentials, enterprise authentication deployments and regional regulatory trends.
According to the alliance in a statement, the conference builds on seven years of Authenticate events in the United States and two years of APAC regional summits.
The event is supported by the Cyber Security Agency of Singapore, alongside signature sponsors Google, Visa and Yubico.
FIDO Alliance President, FIDO Board Representative for Google, and Google Principal Product Manager, Sam Srinivas said the APAC region has played a key role in driving adoption of passkeys and related authentication technologies.
Topics to be discussed include authentication standards, AI-driven authentication, agentic commerce, digital wallets and payment systems, enterprise passkey deployment, and emerging authentication use cases.
In addition to keynote presentations and breakout sessions, attendees will have opportunities to connect with peers and industry experts through networking events, a gala dinner, and an active expo hall.
-- BERNAMA
Thursday, 21 May 2026
Bitget Launches “Gold Fast or Go Home Challenge” for Gold CFD Trading
VICTORIA, Seychelles, May 21 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has launched the “Gold Fast or Go Home Challenge,” a global campaign built around faster access to gold CFD trading on the Bitget app. The campaign follows Bitget’s recent product update that moved TradFi products, including gold, forex, commodities, and indices, to a first-level homepage tab, reducing the number of steps required to access these markets directly from the homepage.
The challenge invites users to record themselves by opening the Bitget app, entering the TradFi section, and completing an XAUUSD gold CFD trade as quickly as possible. Participants will publish their attempts across social platforms as part of a global speed-based trading challenge designed around accessibility, execution flow, and real-time market participation. The campaign combines trading culture with short-form social content, turning product speed into a visible user experience.
The campaign reflects Bitget’s broader direction of bringing traditional financial assets closer to crypto-native trading environments through a unified interface. Users can move between crypto assets, tokenized products, forex pairs, commodities, and gold CFD markets from a single account structure without switching across multiple platforms, wallets, or trading systems.
“Users increasingly move between crypto and traditional financial markets within the same trading cycle, especially during periods shaped by macro volatility,” said Gracy Chen, CEO at Bitget. “We have designed the platform to make these markets more directly accessible inside the app. The challenge turns that trading flow into a public and community-driven experience that shows how multi-asset trading behavior is evolving.”
Gold trading activity has continued gaining traction globally as investors monitor interest rate expectations, central bank accumulation trends, inflation risks, and geopolitical uncertainty. Across digital asset platforms, gold CFDs have become one of the most actively monitored TradFi products during periods of elevated volatility, particularly as users look for faster access to macro-sensitive assets without leaving crypto-native trading environments.
The homepage TradFi integration forms part of Bitget’s wider Universal Exchange strategy focused on reducing fragmentation between digital assets and traditional financial markets. As more users diversify across asset classes, trading platforms are increasingly expected to support crypto, commodities, equities, FX, and tokenized assets within a single interface and collateral system. Bitget’s TradFi expansion reflects growing market demand for unified multi-asset access and faster capital movement between trading categories.
The launch also follows Bitget’s continued expansion of its TradFi offering across global markets. The platform currently provides access to crypto markets alongside tokenized stocks, ETFs, commodities, forex pairs, and precious metals such as gold within one trading ecosystem. In 2026, Bitget repositioned its TradFi section to the app homepage as part of a broader effort to simplify market access and improve execution efficiency across multi-asset trading activity.
For more information, 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3484ccd0-5df8-4c93-91cb-c0bdf7495349
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
The challenge invites users to record themselves by opening the Bitget app, entering the TradFi section, and completing an XAUUSD gold CFD trade as quickly as possible. Participants will publish their attempts across social platforms as part of a global speed-based trading challenge designed around accessibility, execution flow, and real-time market participation. The campaign combines trading culture with short-form social content, turning product speed into a visible user experience.
The campaign reflects Bitget’s broader direction of bringing traditional financial assets closer to crypto-native trading environments through a unified interface. Users can move between crypto assets, tokenized products, forex pairs, commodities, and gold CFD markets from a single account structure without switching across multiple platforms, wallets, or trading systems.
“Users increasingly move between crypto and traditional financial markets within the same trading cycle, especially during periods shaped by macro volatility,” said Gracy Chen, CEO at Bitget. “We have designed the platform to make these markets more directly accessible inside the app. The challenge turns that trading flow into a public and community-driven experience that shows how multi-asset trading behavior is evolving.”
Gold trading activity has continued gaining traction globally as investors monitor interest rate expectations, central bank accumulation trends, inflation risks, and geopolitical uncertainty. Across digital asset platforms, gold CFDs have become one of the most actively monitored TradFi products during periods of elevated volatility, particularly as users look for faster access to macro-sensitive assets without leaving crypto-native trading environments.
The homepage TradFi integration forms part of Bitget’s wider Universal Exchange strategy focused on reducing fragmentation between digital assets and traditional financial markets. As more users diversify across asset classes, trading platforms are increasingly expected to support crypto, commodities, equities, FX, and tokenized assets within a single interface and collateral system. Bitget’s TradFi expansion reflects growing market demand for unified multi-asset access and faster capital movement between trading categories.
The launch also follows Bitget’s continued expansion of its TradFi offering across global markets. The platform currently provides access to crypto markets alongside tokenized stocks, ETFs, commodities, forex pairs, and precious metals such as gold within one trading ecosystem. In 2026, Bitget repositioned its TradFi section to the app homepage as part of a broader effort to simplify market access and improve execution efficiency across multi-asset trading activity.
For more information, 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3484ccd0-5df8-4c93-91cb-c0bdf7495349
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
--BERNAMA
Wednesday, 20 May 2026
PRIMER SECURES US$100 MLN FUNDING FOR AI, US EXPANSION
 |
| Primer leadership team pictured left to right. Top row: Pierre-Edouard Jumel (CFO), Gabriel Le Roux (Co-Founder and CEO), Sam Elgar (VP Merchant Experience) and Theo Spyrides (VP Product). Bottom row: Caitriona Staunton (VP People), Alex Mallet (CTO), Jade Maitland (VP Marketing) and Mikael Minvielle (COO). |
KUALA LUMPUR, May 20 (Bernama) -- Primer, the unified infrastructure for global payments, has secured a US$100 million Series C funding round as it expands its artificial intelligence (AI)-enabled operating layer for global payments and finance. (US$1=RM3.97)
The funding round was led by Sofina, with participation from Peak XV Partners and continued backing from existing investors, including Balderton Capital, Accel, ICONIQ Capital, Tencent, and Speedinvest.
In a statement, Primer said the new funding will support expanded investment in AI capabilities, including the development of its proprietary AI agent, Primer Companion.
The company said Primer Companion is already being used by merchants to address payment-related queries and generate contextual insights, with future capabilities expected to include autonomous experimentation, performance optimisation, and execution within merchant-defined parameters.
Primer said fragmented payment data across processors, acquirers, and fraud tools remains a major challenge for businesses seeking to deploy AI-driven payment systems effectively.
Founded in 2020, the company said its unified payments infrastructure captures more than 400 data points per transaction and manages more than 95 per cent of customer payment volume on average.
According to Primer, the United States (US) currently accounts for around one-fifth of company revenue, with annual recurring revenue in the region doubling year-on-year.
The company plans to increase US revenue to more than one-third of its business by 2028 and expects to hire up to 50 employees in the region to support its expansion strategy.
-- BERNAMA
SAMSUNG BIOEPIS LAUNCHES FIRST PRODUCT IN JAPAN UNDER NIPRO PARTNERSHIP
KUALA LUMPUR, May 20 (Bernama) -- Samsung Bioepis Co Ltd has launched Ustekinumab BS 45 mg Syringe for S.C. Injection「 NIPRO」, a biosimilar referencing Stelara (ustekinumab), marking its first product launch in Japan with NIPRO Corporation (NIPRO).
According to Samsung Bioepis in a statement, the launch follows the product’s listing under Japan’s National Health Insurance (NHI) Drug Price Standard, which became effective following an Official Gazette announcement on May 19.
“Together with our partner NIPRO, we look forward to supporting patients living with autoimmune diseases and contributing to the sustainability of Japan's healthcare system by providing quality-assured, safe and effective biosimilar options,” said Samsung Bioepis Vice President and Head of Commercial Strategy for International Markets, Jinhan Chung.
Ustekinumab is a human immunoglobulin G1 kappa monoclonal antibody designed to prevent abnormal regulation of IL-12 and IL-23 associated with immune-mediated diseases.
Japan’s Pharmaceuticals and Medical Devices Agency granted marketing authorisation for the product in December 2025 for the treatment of plaque psoriasis and psoriatic arthritis.
Samsung Bioepis said it formed a strategic partnership with NIPRO in June 2025 to develop and commercialise multiple biosimilar candidates in Japan, including ustekinumab.
The company added that its ustekinumab biosimilar is already available under different brand names across the European Union, South Korea, the United Kingdom, and the United States.
-- BERNAMA
According to Samsung Bioepis in a statement, the launch follows the product’s listing under Japan’s National Health Insurance (NHI) Drug Price Standard, which became effective following an Official Gazette announcement on May 19.
“Together with our partner NIPRO, we look forward to supporting patients living with autoimmune diseases and contributing to the sustainability of Japan's healthcare system by providing quality-assured, safe and effective biosimilar options,” said Samsung Bioepis Vice President and Head of Commercial Strategy for International Markets, Jinhan Chung.
Ustekinumab is a human immunoglobulin G1 kappa monoclonal antibody designed to prevent abnormal regulation of IL-12 and IL-23 associated with immune-mediated diseases.
Japan’s Pharmaceuticals and Medical Devices Agency granted marketing authorisation for the product in December 2025 for the treatment of plaque psoriasis and psoriatic arthritis.
Samsung Bioepis said it formed a strategic partnership with NIPRO in June 2025 to develop and commercialise multiple biosimilar candidates in Japan, including ustekinumab.
The company added that its ustekinumab biosimilar is already available under different brand names across the European Union, South Korea, the United Kingdom, and the United States.
-- BERNAMA
CLOUDFLARE, ANTHROPIC TO PROVIDE SECURE, SCALABLE FOUNDATION FOR AUTONOMOUS AI
KUALA LUMPUR, May 20 (Bernama) -- Cloudflare Inc, the leading connectivity cloud company, is collaborating with Anthropic to launch Cloudflare Environments for Claude Managed Agents, aimed at providing a secure and scalable foundation for autonomous artificial intelligence (AI) agents.
The integration enables organisations to run core agent loops on Anthropic’s Claude platform while leveraging Cloudflare’s global network and Workers developer platform to execute code, secure private connections, and equip agents with specialised tools.
Cloudflare in a statement said the platform is designed to help developers build next-generation AI assistants quickly and securely at a global scale.
Cloudflare co-founder and chief executive officer, Matthew Prince said the partnership would enable businesses to securely execute code and access private data using Cloudflare’s network infrastructure.
“Now, businesses can focus on building the most innovative AI applications on the planet,” he said.
According to Cloudflare, the platform provides secure sandboxes for every AI agent session through a Workers-based control plane, while security and compliance controls are automatically applied.
The company said the infrastructure allows organisations to maintain strict security standards while scaling AI initiatives from prototypes to large-scale deployments without infrastructure bottlenecks.
Cloudflare Environments for Claude Managed Agents also enables developers to scale globally with diverse runtimes, secure sensitive data through Zero-Trust connectivity, audit agent behaviour using native observability tools, and extend agent capabilities through customisable frameworks.
The launch of Cloudflare Environments marks the latest milestone in its ongoing collaboration with Anthropic to strengthen AI connectivity and infrastructure capabilities.
-- BERNAMA
The integration enables organisations to run core agent loops on Anthropic’s Claude platform while leveraging Cloudflare’s global network and Workers developer platform to execute code, secure private connections, and equip agents with specialised tools.
Cloudflare in a statement said the platform is designed to help developers build next-generation AI assistants quickly and securely at a global scale.
Cloudflare co-founder and chief executive officer, Matthew Prince said the partnership would enable businesses to securely execute code and access private data using Cloudflare’s network infrastructure.
“Now, businesses can focus on building the most innovative AI applications on the planet,” he said.
According to Cloudflare, the platform provides secure sandboxes for every AI agent session through a Workers-based control plane, while security and compliance controls are automatically applied.
The company said the infrastructure allows organisations to maintain strict security standards while scaling AI initiatives from prototypes to large-scale deployments without infrastructure bottlenecks.
Cloudflare Environments for Claude Managed Agents also enables developers to scale globally with diverse runtimes, secure sensitive data through Zero-Trust connectivity, audit agent behaviour using native observability tools, and extend agent capabilities through customisable frameworks.
The launch of Cloudflare Environments marks the latest milestone in its ongoing collaboration with Anthropic to strengthen AI connectivity and infrastructure capabilities.
-- BERNAMA
HACK THE BOX HIGHLIGHTS AI CYBERSECURITY SKILLS SHIFT
KUALA LUMPUR, May 20 (Bernama) -- Hack The Box, the global leader in artificial intelligence (AI) cybersecurity readiness, has released its Cybersecurity Workforce Intelligence Report, highlighting how AI is reshaping cybersecurity skills, career paths, and team structures globally.
Based on anonymised data from more than 702,000 cybersecurity professionals across 251 countries and territories, the report found growing demand for advanced AI-related skills and more integrated cybersecurity team models.
The findings suggest that as AI transforms both cyberattacks and defence strategies, the effectiveness of organisations will increasingly depend on workforce adaptability, readiness, and cross-functional expertise rather than technology alone.
According to Hack The Box in a statement, organisations are accelerating investments in AI security capabilities, with AI penetration testing emerging as a leading global training priority.
Cybersecurity practitioners are also placing greater focus on risks such as prompt injection, model exploitation, and agentic AI attacks, reflecting changing approaches to workforce preparation.
The report noted that traditional role boundaries are becoming less rigid, with growing overlap between offensive and defensive cybersecurity training supporting a more collaborative “purple-team” model.
Structured hands-on training programmes are accelerating this transition, with AI-focused training completion rates reaching 64 per cent, reinforcing the role of organisation-led learning in building advanced cybersecurity capabilities.
To remain effective in an AI-driven environment, the report said security leaders should prioritise AI security skills, expand global talent pipelines, invest in integrated training models, and commit to continuous workforce upskilling.
-- BERNAMA
Based on anonymised data from more than 702,000 cybersecurity professionals across 251 countries and territories, the report found growing demand for advanced AI-related skills and more integrated cybersecurity team models.
The findings suggest that as AI transforms both cyberattacks and defence strategies, the effectiveness of organisations will increasingly depend on workforce adaptability, readiness, and cross-functional expertise rather than technology alone.
According to Hack The Box in a statement, organisations are accelerating investments in AI security capabilities, with AI penetration testing emerging as a leading global training priority.
Cybersecurity practitioners are also placing greater focus on risks such as prompt injection, model exploitation, and agentic AI attacks, reflecting changing approaches to workforce preparation.
The report noted that traditional role boundaries are becoming less rigid, with growing overlap between offensive and defensive cybersecurity training supporting a more collaborative “purple-team” model.
Structured hands-on training programmes are accelerating this transition, with AI-focused training completion rates reaching 64 per cent, reinforcing the role of organisation-led learning in building advanced cybersecurity capabilities.
To remain effective in an AI-driven environment, the report said security leaders should prioritise AI security skills, expand global talent pipelines, invest in integrated training models, and commit to continuous workforce upskilling.
-- BERNAMA
Material Welcomes Ranjan Kalia as Chief Financial Officer
– New CFO brings strong global finance leadership to support clients in the company’s future growth –
NEW YORK, May 20 (Bernama-BUSINESS WIRE) -- Material Plus Holdings, LLC (Material), an intelligent growth company providing AI-driven consumer insights, growth strategy, product design and digital platform engineering, is pleased to welcome Ranjan Kalia as Chief Financial Officer (CFO).
Kalia’s appointment comes as Material continues to scale its global capabilities, helping clients harness the power of data and AI to deliver demand-centric growth. A three-time CFO with more than 30 years of experience, Kalia brings incisive financial perspectives and operational command shaped by senior leadership roles across both public companies and private-equity owned enterprises.
Laila Worrell, Material’s CEO, stated, “Ranjan’s leadership as CFO will play a pivotal role in our next phase of growth, as we invest to deliver even greater innovation and value for our clients. He brings a global, results-oriented mindset and a strong track record scaling tech-enabled services businesses. He will be a tremendous partner in executing Material’s strategy and creating exceptional outcomes for our clients.”
Kalia will partner with Material’s executive team to advance the company’s continued global expansion and investment in AI and data capabilities.
Kalia commented, “Material sits at a powerful intersection of customer data, behavioral and decision science, product design and platform engineering. Material is in a category-of-one in bringing these differentiated capabilities together to drive growth for clients. I am energized by the company’s momentum, the caliber of its people and its longstanding client relationships with the world’s most influential companies. The opportunity ahead is significant, and I look forward to helping Material continue to capture it.”
About Ranjan Kalia, Chief Financial Officer (CFO)
Ranjan Kalia joins Material with more than 30 years of experience leading finance organizations across global businesses. Most recently, Kalia was CFO at Brillio, and before that at Orion Innovation and Virtusa Corporation, where he was a central figure in scaling Virtusa’s business from roughly $100 million to $1.2 billion in revenue.
Earlier in his career, Kalia held senior finance and operational leadership roles at EMC Corporation, General Electric Company, PepsiCo, Inc., and PricewaterhouseCoopers LLP, building a foundation in global finance, audit and operations.
About Material
Material Plus Holdings, LLC is an intelligent growth company that is part of the Blackstone portfolio. Material has a 50-year history of helping clients build customer intelligence into brands, experiences, and digital platforms that compete and win. Material works with world-class companies to drive demand-centric growth through integrated capabilities including insights-driven strategy, product design and innovation, customer engagement, and digital platform engineering. In addition to serving the corporate market, through its subsidiary, Aruliden, Material has helped some of the world’s most celebrated cultural icons extend their personal brands into new product lines. Learn more at materialplus.io.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260519749217/en/
Contact
Media Contact
Tiffany Francis, Material
tiffany.francis@materialplus.io
Source : Material Plus Holdings, LLC
NEW YORK, May 20 (Bernama-BUSINESS WIRE) -- Material Plus Holdings, LLC (Material), an intelligent growth company providing AI-driven consumer insights, growth strategy, product design and digital platform engineering, is pleased to welcome Ranjan Kalia as Chief Financial Officer (CFO).
Kalia’s appointment comes as Material continues to scale its global capabilities, helping clients harness the power of data and AI to deliver demand-centric growth. A three-time CFO with more than 30 years of experience, Kalia brings incisive financial perspectives and operational command shaped by senior leadership roles across both public companies and private-equity owned enterprises.
Laila Worrell, Material’s CEO, stated, “Ranjan’s leadership as CFO will play a pivotal role in our next phase of growth, as we invest to deliver even greater innovation and value for our clients. He brings a global, results-oriented mindset and a strong track record scaling tech-enabled services businesses. He will be a tremendous partner in executing Material’s strategy and creating exceptional outcomes for our clients.”
Kalia will partner with Material’s executive team to advance the company’s continued global expansion and investment in AI and data capabilities.
Kalia commented, “Material sits at a powerful intersection of customer data, behavioral and decision science, product design and platform engineering. Material is in a category-of-one in bringing these differentiated capabilities together to drive growth for clients. I am energized by the company’s momentum, the caliber of its people and its longstanding client relationships with the world’s most influential companies. The opportunity ahead is significant, and I look forward to helping Material continue to capture it.”
About Ranjan Kalia, Chief Financial Officer (CFO)
Ranjan Kalia joins Material with more than 30 years of experience leading finance organizations across global businesses. Most recently, Kalia was CFO at Brillio, and before that at Orion Innovation and Virtusa Corporation, where he was a central figure in scaling Virtusa’s business from roughly $100 million to $1.2 billion in revenue.
Earlier in his career, Kalia held senior finance and operational leadership roles at EMC Corporation, General Electric Company, PepsiCo, Inc., and PricewaterhouseCoopers LLP, building a foundation in global finance, audit and operations.
About Material
Material Plus Holdings, LLC is an intelligent growth company that is part of the Blackstone portfolio. Material has a 50-year history of helping clients build customer intelligence into brands, experiences, and digital platforms that compete and win. Material works with world-class companies to drive demand-centric growth through integrated capabilities including insights-driven strategy, product design and innovation, customer engagement, and digital platform engineering. In addition to serving the corporate market, through its subsidiary, Aruliden, Material has helped some of the world’s most celebrated cultural icons extend their personal brands into new product lines. Learn more at materialplus.io.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20260519749217/en/
Contact
Media Contact
Tiffany Francis, Material
tiffany.francis@materialplus.io
Source : Material Plus Holdings, LLC
Tuesday, 19 May 2026
Bitget Introduces Delta Neutral Mode for Hedged Trading Strategies
VICTORIA, Seychelles, May 19 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has introduced Delta Neutral Mode within its Unified Trading Account, adding a new risk management feature designed for traders using hedging and arbitrage strategies across spot, margin, and futures markets. The feature applies differentiated auto-deleveraging (ADL) ranking treatment to eligible hedged positions when accounts meet predefined delta neutrality criteria.
Delta Neutral Mode allows users to combine spot, cross margin, and cross futures trading under a single unified account structure while the system evaluates directional exposure at both the account and asset levels. Eligible positions that satisfy the neutrality thresholds receive lower ADL priority during extreme market conditions, helping reduce the likelihood of auto-deleveraging for properly hedged strategies.
The feature is designed for traders running funding rate arbitrage, basis trading, market-neutral strategies, and quantitative hedging models. It supports USDT-M, USDC-M, and Coin-M futures across live trading and demo trading environments, with ongoing rollout across web, app, and API access channels.
“Trading infrastructure continues evolving toward more sophisticated multi-strategy environments where users actively manage exposure across spot, derivatives, and onchain markets simultaneously. Delta Neutral Mode adds more flexibility for traders using hedging and arbitrage strategies while improving how risk treatment is handled within a unified account structure,” said Gracy Chen, CEO at Bitget.
The launch expands Bitget’s broader Unified Trading Account framework, which was developed to improve capital efficiency and simplify cross-market trading execution. The system evaluates account neutrality using delta exposure calculations relative to total account equity, while also verifying whether futures positions are effectively hedged by spot holdings in the same underlying asset.
The introduction of Delta Neutral Mode follows Bitget’s continued expansion of institutional-style trading infrastructure across its Universal Exchange ecosystem, including multi-asset trading access, tokenized financial products, and cross-market collateral functionality. Bitget has continued developing tools that support more advanced trading strategies while maintaining unified account management across multiple market types.
For more information, 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa9baad4-a7b9-4668-a674-7960ad9c5611
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Delta Neutral Mode allows users to combine spot, cross margin, and cross futures trading under a single unified account structure while the system evaluates directional exposure at both the account and asset levels. Eligible positions that satisfy the neutrality thresholds receive lower ADL priority during extreme market conditions, helping reduce the likelihood of auto-deleveraging for properly hedged strategies.
The feature is designed for traders running funding rate arbitrage, basis trading, market-neutral strategies, and quantitative hedging models. It supports USDT-M, USDC-M, and Coin-M futures across live trading and demo trading environments, with ongoing rollout across web, app, and API access channels.
“Trading infrastructure continues evolving toward more sophisticated multi-strategy environments where users actively manage exposure across spot, derivatives, and onchain markets simultaneously. Delta Neutral Mode adds more flexibility for traders using hedging and arbitrage strategies while improving how risk treatment is handled within a unified account structure,” said Gracy Chen, CEO at Bitget.
The launch expands Bitget’s broader Unified Trading Account framework, which was developed to improve capital efficiency and simplify cross-market trading execution. The system evaluates account neutrality using delta exposure calculations relative to total account equity, while also verifying whether futures positions are effectively hedged by spot holdings in the same underlying asset.
The introduction of Delta Neutral Mode follows Bitget’s continued expansion of institutional-style trading infrastructure across its Universal Exchange ecosystem, including multi-asset trading access, tokenized financial products, and cross-market collateral functionality. Bitget has continued developing tools that support more advanced trading strategies while maintaining unified account management across multiple market types.
For more information, 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa9baad4-a7b9-4668-a674-7960ad9c5611
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Bitget Enters Mexico Market With SAT and UIF Registration
VICTORIA, Seychelles, May 19 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world's largest Universal Exchange (UEX) has successfully completed key registrations in Mexico to operate within the country's current virtual asset framework. With the completion of these registrations, Bitget now looks to expand across Central and Latin America, where Mexico stands as one of the company's most important markets.
Bitget has obtained vulnerable activity registration with Mexico's Tax Administration Service (otherwise known as SAT), and has also completed registration with the Financial Intelligence Unit (or UIF) of Mexico - together, these registrations place Bitget among the first global platforms to complete this process in Mexico, providing a strong footing in one of the region's most active crypto markets.
Mexico has become a major focus for digital asset platforms as interest in crypto continues to grow across the country. For Bitget, Mexico remains one of its largest markets across Central and Latin America and one of the key regional priorities. The market's size, rising user interest, and its wider role in regional financial significance make it an important part of Bitget’s long-term expansion in the region.
"Regulatory progress in crypto constantly changes with the landscape, and each one requires a clear understanding of local rules and how local financial systems operate,” said Gracy Chen, CEO at Bitget. “By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions whose relationships have become increasingly important in penetrating diverse markets."
The registrations place Bitget in a stronger position to serve the local market within Mexico’s current regulatory regime, which has become more clearly defined following recent reforms that expanded and implied strong AML obligations for virtual-asset activities.
The expansion comes as Bitget continues to grow in markets where user demand and regulatory progress are moving in the same direction. In Latin America, that trend is becoming more visible as more users look for access to digital assets through platforms that are taking a serious and practical approach to operating within local rules. Mexico is expected to play an important role in that shift, both because of its domestic market and its broader influence across the region.
For more information on Bitget's licenses, please visithere.
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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Editor’s Note
Bitget’s registration in Mexico places the company in a strong regulatory position in the market. Based on current public information, only a few of the major global exchanges are known to have obtained the same registrations, making Bitget one of the very few global platforms to complete this process in Mexico.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6efd1df6-e5e0-4871-ad03-1c12dcc1c57d
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Bitget has obtained vulnerable activity registration with Mexico's Tax Administration Service (otherwise known as SAT), and has also completed registration with the Financial Intelligence Unit (or UIF) of Mexico - together, these registrations place Bitget among the first global platforms to complete this process in Mexico, providing a strong footing in one of the region's most active crypto markets.
Mexico has become a major focus for digital asset platforms as interest in crypto continues to grow across the country. For Bitget, Mexico remains one of its largest markets across Central and Latin America and one of the key regional priorities. The market's size, rising user interest, and its wider role in regional financial significance make it an important part of Bitget’s long-term expansion in the region.
"Regulatory progress in crypto constantly changes with the landscape, and each one requires a clear understanding of local rules and how local financial systems operate,” said Gracy Chen, CEO at Bitget. “By following that path in Mexico, Bitget is building on a model that supports responsible growth and gives the business more opportunities to operate alongside banks and financial institutions whose relationships have become increasingly important in penetrating diverse markets."
The registrations place Bitget in a stronger position to serve the local market within Mexico’s current regulatory regime, which has become more clearly defined following recent reforms that expanded and implied strong AML obligations for virtual-asset activities.
The expansion comes as Bitget continues to grow in markets where user demand and regulatory progress are moving in the same direction. In Latin America, that trend is becoming more visible as more users look for access to digital assets through platforms that are taking a serious and practical approach to operating within local rules. Mexico is expected to play an important role in that shift, both because of its domestic market and its broader influence across the region.
For more information on Bitget's licenses, please visithere.
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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
Editor’s Note
Bitget’s registration in Mexico places the company in a strong regulatory position in the market. Based on current public information, only a few of the major global exchanges are known to have obtained the same registrations, making Bitget one of the very few global platforms to complete this process in Mexico.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6efd1df6-e5e0-4871-ad03-1c12dcc1c57d
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Bitget IPO Prime Taps Into $4T AI Opportunity With OpenAI
VICTORIA, Seychelles, May 19 (Bernama-GLOBE NEWSWIRE) -- Bitget, the world’s largest Universal Exchange (UEX), has added OpenAI (preOPAI) as the second listing on its IPO Prime platform, extending pre-IPO access to one of the most closely watched companies in artificial intelligence.
Issued on Solana by regulated partner Republic, preOPAI is designed to track the economic performance of OpenAI following a future public listing. The offering introduces a low entry threshold starting from $100, significantly reducing the capital requirements traditionally associated with pre-IPO participation.
The commitment window for preOPAI will open on May 12, 2026, 8:00 till May 15, 2026, 8:00 (UTC). Allocations will then be distributed between 8:00 till 12:00 (UTC), followed by the start of spot trading at 14:00 (UTC) the same day.
The launch comes amid surging global interest in artificial intelligence, with capital flowing into AI companies and valuations at historic levels. This $4 trillion opportunity, however, has largely remained limited to institutional investors and private networks.
Unlike conventional pre-IPO participation, which often involves long lock-ups and limited liquidity, preOPAI introduces a model where access and flexibility exist together. Once distributed, users are able to actively trade their positions, rather than waiting for a listing event to realize value. In addition, approximately six months post-IPO, holders will have the option to redeem their tokens into stock-linked assets or USDT based on market pricing, providing a defined settlement pathway.
The introduction of preOPAI follows the earlier launch of preSPAX, linked to SpaceX, marking a phased approach to expanding IPO Prime. Each listing is introduced with a focus on structure, liquidity and regulatory alignment, rather than speed of rollout. At the point of publication, preSPAX saw over 13,000 users subscribed, with a commitment value of $171 million.
“The way people access markets is changing,” said Gracy Chen, CEO of Bitget. “We’re moving toward a system where different asset classes and opportunities come together on one platform, and where access is no longer limited by structure. That’s the direction we see for the future of finance, and what we are building toward here at Bitget, the Universal Exchange.”
The introduction of preOPAI builds on IPO Prime’s broader framework, where digital assets are structured to reflect economic outcomes rather than direct equity ownership. This approach, combined with issuance through a regulated partner, Republic, Bitget establishes a more structured foundation for tokenized pre-IPO exposure compared to typical token launch models.
Within Bitget’s Universal Exchange model, IPO Prime continues to extend the platform’s reach across the investment lifecycle. With crypto, tokenized traditional assets, and now pre-IPO exposure integrated into a single system, UEX is evolving to support how users allocate capital across different stages of opportunity, rather than across fragmented platforms.
For more details on preOPAI, 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 andMotoGP™. 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c4d6ab7-3943-496f-becb-b01616717899
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
Issued on Solana by regulated partner Republic, preOPAI is designed to track the economic performance of OpenAI following a future public listing. The offering introduces a low entry threshold starting from $100, significantly reducing the capital requirements traditionally associated with pre-IPO participation.
The commitment window for preOPAI will open on May 12, 2026, 8:00 till May 15, 2026, 8:00 (UTC). Allocations will then be distributed between 8:00 till 12:00 (UTC), followed by the start of spot trading at 14:00 (UTC) the same day.
The launch comes amid surging global interest in artificial intelligence, with capital flowing into AI companies and valuations at historic levels. This $4 trillion opportunity, however, has largely remained limited to institutional investors and private networks.
Unlike conventional pre-IPO participation, which often involves long lock-ups and limited liquidity, preOPAI introduces a model where access and flexibility exist together. Once distributed, users are able to actively trade their positions, rather than waiting for a listing event to realize value. In addition, approximately six months post-IPO, holders will have the option to redeem their tokens into stock-linked assets or USDT based on market pricing, providing a defined settlement pathway.
The introduction of preOPAI follows the earlier launch of preSPAX, linked to SpaceX, marking a phased approach to expanding IPO Prime. Each listing is introduced with a focus on structure, liquidity and regulatory alignment, rather than speed of rollout. At the point of publication, preSPAX saw over 13,000 users subscribed, with a commitment value of $171 million.
“The way people access markets is changing,” said Gracy Chen, CEO of Bitget. “We’re moving toward a system where different asset classes and opportunities come together on one platform, and where access is no longer limited by structure. That’s the direction we see for the future of finance, and what we are building toward here at Bitget, the Universal Exchange.”
The introduction of preOPAI builds on IPO Prime’s broader framework, where digital assets are structured to reflect economic outcomes rather than direct equity ownership. This approach, combined with issuance through a regulated partner, Republic, Bitget establishes a more structured foundation for tokenized pre-IPO exposure compared to typical token launch models.
Within Bitget’s Universal Exchange model, IPO Prime continues to extend the platform’s reach across the investment lifecycle. With crypto, tokenized traditional assets, and now pre-IPO exposure integrated into a single system, UEX is evolving to support how users allocate capital across different stages of opportunity, rather than across fragmented platforms.
For more details on preOPAI, 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 andMotoGP™. 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: media@bitget.com
Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4c4d6ab7-3943-496f-becb-b01616717899
SOURCE: Bitget Limited
DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.
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