Connect with us

Technology

Shift Markets Launches New White Label Crypto Derivatives Platform

Published

on

NEW YORK, May 23, 2024 /PRNewswire/ — Today marks a significant milestone for the digital trading industry as Shift Markets unveils its new Crypto Derivatives Trading Platform. This leading white label solution allows exchanges and brokerages to quickly and efficiently break into the crypto derivatives market. With advanced tools for leveraged trading and sophisticated order types, the platform provides market participants a comprehensive solution to effectively operate and expand their presence in the rapidly growing digital asset market space.

Advanced Trading Framework with High-Level Customization

Shift Markets launches revolutionary white-label crypto derivatives platform to market.

The Crypto Derivatives Platform is engineered to surpass the increasing technical requirements of brokerages and exchanges, offering a high level of adaptability and customization. It can integrate as either a standalone system or a component within existing trading ecosystems, thereby facilitating a complex and scalable trading environment that enhances operational efficiency.

This platform supports an extensive array of combined spot and derivatives trading order types including Market, Limit, Stop Loss, and Take Profit. These features enable traders to deploy expanded trading strategies that align with their financial objectives and risk management preferences. The addition of leverage trading significantly increases profit opportunities for exchange operators, which may be the most attractive appeal in highly volatile markets. This strategic implementation of leverage enables exchange operators to enhance earnings potential while maintaining control over risk, crucial for thriving in dynamic trading environments.

Ian McAfee, CEO of Shift Markets, stated, “We knew there was a clear market need for a dedicated derivatives trading solution for exchanges and brokerages. The Crypto Derivatives Platform addresses this gap, enhancing our clients’ trading operations and offering significant growth potential through derivatives trading. It enables our clients to more effectively capitalize on market movements, enhancing their trading capabilities and positioning them for growth in a competitive market.”

Setting the Stage for Future Exchange Platforms

The Crypto Derivatives Platform by Shift Markets serves as a strategic tool for brokerages and exchanges aiming to broaden their services and fortify their market presence. Opting for Shift’s platform prepares clients for a future of improved profitability, operational excellence, and customer satisfaction.     

Shift Markets invites potential partners to explore the benefits of their next-generation Crypto Derivatives Platform by reaching out today.

About Shift Markets

Shift Markets is the premier Crypto-as-a-Service provider, offering proprietary white label digital asset infrastructure and trading technology. Shift enables businesses to quickly commercialize digital assets, assisting enterprises in integrating high-level digital asset trading. This ensures efficient adoption and superior market performance.

Previously Featured In: TechCrunch, CoinDesk, Bloomberg Technology, Forbes Crypto

Media Contact:
Sarah Cullers
sarah.cullers@shiftmarkets.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/shift-markets-launches-new-white-label-crypto-derivatives-platform-302155228.html

SOURCE Shift Markets

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Fibe and Mirae Asset Financial Services join hands to offer personal loans to salaried professionals

Published

on

By

MUMBAI, India , April 22, 2025 /PRNewswire/ — Fibe, India’s leading fintech has joined hands with Mirae Asset Financial Services (MAFS), the NBFC subsidiary under the Mirae Asset Financial Group, to expand credit access to last mile consumers. This strategic partnership is set to empower salaried individuals, especially the middle-income group, with seamless and quick access to personal loans through a fully digital process. 

Fibe’s partnership with MAFS will further strengthen its presence across India, expanding credit access to a wider customer base at competitive interest rates. As part of the partnership, salaried individuals will be able to avail loans upto ₹5,00,000 for a tenure of upto 36 months.

Fibe’s Cofounder & CEO, Akshay Mehrotra said, “The partnership with MAFS will unlock greater potential in co-lending, thus expanding our reach to more customers, further reinforcing our commitment to drive financial inclusion across the country. This also aligns well with the evolving borrowing habits of salaried individuals, especially the youth, with the majority of them shifting towards app-based financial solutions. Together, we will leverage each other’s robust network and tech expertise to deepen our impact across India.”

With a shared commitment to speed, convenience, and flexibility, this partnership ensures that borrowers receive the best possible borrowing experience and help them fulfil their financial requirements.

Krishna Kanhaiya, Chief Executive Officer (CEO) of Mirae Asset Financial Services said, “We are happy to partner with a dominant player in the personal loan segment. This partnership enables us to connect with a vast base of retail borrowers and offer them seamless, hassle-free financial solutions. It marks a significant step in our journey to build a robust loan book and underscores our commitment to becoming one of the most trusted brands in the lending space.”

Mirae Asset Financial Services (MAFS) recently forayed into the personal loan segment and aims to build a strong personal loan portfolio while providing borrowers with a seamless and hassle-free lending experience. 

Fibe has positively transformed the lives of over 30 million customers, significantly expanding its presence over 500 cities. Its mission to provide reliable credit solutions to Bharat has empowered countless individuals.

About Fibe

Fibe is one of India’s leading consumer lending apps focused on young, aspirational, and tech-savvy Indian consumers. It is building a financial ecosystem that enables the mid-income group and the underserved segments to fulfil their financial aspirations. Fibe offers a range of financial products, including cash loans, long-term personal Loans, and Impact loans for sectors like healthcare and education, making affordability more accessible.

Fibe offers instant approvals and quick disbursals. Fibe’s Tech Arm Social Worth Technologies Private Limited has partnered with Axis Bank to offer a secure, numberless credit card ensuring seamless user experience.

Fibe has grown multifold over the years and emerged as a market leader in providing financial assistance to young middle-income and underserved groups in India. Due to its scalable business model, Fibe has recently been upgraded to A- by CARE Ratings and has access to debt lines from leading banks, NBFCs and wholesale debt markets. It has been certified with ISO/IEC 27001 for its Information Security Management System (ISMS). Fibe has disbursed more than 7 million+ loans worth Rs. 26,000 Cr+ since inception through its lending partners.

Winner of BW Festival of Fintech Lending Platform of the Year (Gold) and Fintech Brand of the Year (Silver)ET Healthcare Awards 2024 – Excellence in Affordable Healthcare FinancingEntrepreneur 2024 Founder Of The Year & Best Innovation in Financial ServicesWinner of G20 Digital Innovation Alliance – Best Startup in Fintech

About Mirae Asset Financial Services (India) Pvt. Ltd.

Established in 2020, Mirae Asset Financial Services (India) Pvt. Ltd. is a new-age Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India. We are part of the globally trusted Mirae Asset Group, bringing decades of financial expertise and innovation to India’s lending ecosystem.

At Mirae Asset Financial Services, we’re reimagining credit access for the modern Indian consumer—making it faster, simpler, and more transparent. We leverage technology and innovation to deliver digital-first products that provide seamless access to credit—anytime, anywhere. Whether it’s a secured or unsecured loan, our aim is to simplify the borrowing experience while building lasting trust with our customers.

Our approach is rooted in listening closely, responding quickly, and delivering exceptional service. At the heart of our operations is a passionate team of solution-focused professionals dedicated to delivering value and earning the trust of every customer.

Logo: https://mma.prnewswire.com/media/2431986/Fibe_Logo.jpg 

 

View original content:https://www.prnewswire.com/in/news-releases/fibe-and-mirae-asset-financial-services-join-hands-to-offer-personal-loans-to-salaried-professionals-302434254.html

Continue Reading

Technology

Baidu to Report First Quarter 2025 Financial Results on May 21, 2025

Published

on

By

BEIJING, April 22, 2025 /PRNewswire/ — Baidu, Inc. (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)) (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced that it will report its financial results for the First Quarter 2025 ended March 31, 2025, before the U.S. market opens on May 21, 2025. Baidu’s management will hold an earnings conference call at 8:00 AM on May 21, 2025, U.S. Eastern Time (8:00 PM on May 21, 2025, Beijing Time).

Please register in advance of the conference call using the link provided below. It will automatically direct you to the registration page of “Baidu Inc. Q1 2025 Earnings Conference Call”. Please follow the steps to enter your registration details, then click “Register”. Upon registering, you will then be provided with the dial-in number, the passcode, and your unique access PIN. This information will also be emailed to you as a calendar invite.

For pre-registration, please click:
https://s1.c-conf.com/diamondpass/10046864-38s6ff.html

In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), the passcode and unique access PIN) provided in the calendar invite that you have received following your pre-registration.

Additionally, a live and archived webcast of this conference call will be available at https://ir.baidu.com

A replay of the conference call may be accessed by phone at the following number until May 28, 2025:
US: 1 855 883 1031
Reply PIN: 10046864

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and the HKEX under “9888.” One Baidu ADS represents eight Class A ordinary shares.

View original content:https://www.prnewswire.com/news-releases/baidu-to-report-first-quarter-2025-financial-results-on-may-21-2025-302434186.html

SOURCE Baidu, Inc.

Continue Reading

Technology

Celebrate Earth Day with Angel Yeast: Leading the Green Production Revolution with a Zero-Carbon Factory

Published

on

By

YICHANG, China, April 22, 2025 /PRNewswire/ — The theme for the 56th Earth Day in 2025 is “OUR POWER, OUR PLANET,” inviting everyone around the globe to unite behind renewable energy, and to triple the global generation of clean electricity by 2030. ANGEL YEAST(DEHONG) CO., LTD (SH 600298) has echoed the Earth Day initiative by delivering a green response.

On April 2, Angel Yeast Dehong was officially designated as a Class I three-star “Zero-Carbon Factory” by the China Quality Certification Center. This milestone signifies Angel Yeast’s first zero-carbon factory, marking a significant step in the company’s dedication to green and low-carbon practices and promoting sustainable development.

Zero-Carbon Factory: Advancing from Emission Control to Net Zero

A “Zero-Carbon Factory” is an advanced green facility that minimizes greenhouse gas emissions through energy-saving technologies, renewable energy use, and negative carbon practices. Any remaining emissions are offset through carbon neutralization projects, aiming to “reduce as much as possible.”

DEHONG’s attainment of the “Class I three-star” certification focuses on Scope 1 (direct emissions) and Scope 2 (indirect energy emissions), necessitating a self-reduction and offset ratio of over 50% for residual emissions. Through the integration of strategies such as photovoltaic power generation, biomass energy substitution, and carbon footprint monitoring, DEHONG has established a comprehensive carbon reduction framework that encompasses the entire production cycle, setting a benchmark for the green evolution of the Angel Yeast Group. DEHONG’s recent certification further advances the group’s sustainable development strategy to new heights.

Wu Xiaofeng, Assistant to the General Manager and Department Head of Production Management at Angel Yeast, highlighted, “Energy efficiency, emissions reduction, and green production are core pillars of our growth strategy. Through innovation, we’ve established a comprehensive carbon reduction framework that includes product design, greenhouse gas reduction, and carbon offset measures. We are also actively greening our production processes with advanced energy-saving equipment and eco-friendly technologies to minimize emissions throughout our operations.”

Clean Energy Revolution: From Green Electricity to Biomass Substitution

In 2024, Angel Yeast’s carbon reduction initiatives focused on transforming its energy structure by promoting clean energy adoption, achieving transformative breakthroughs. This year, Angel Yeast reduced carbon emissions by 210,500 tons through these efforts, including the use of 129,673 megawatt-hours of green electricity, which alone contributed to a 72,200-ton reduction in carbon emissions.

Angel Yeast also advanced the installation of photovoltaic power facilities and the adoption of biomass substitution for coal. The company generated 176.7 megawatt-hours of electricity from photovoltaic sources and purchased 122,800 tons of biomass steam, indirectly reducing carbon dioxide emissions by 37,500 tons in 2024. Angel pioneered biomass substitution projects in various regions, using 33,600 tons of biomass fuels in 2024, leading to a carbon emission reduction of 40,900 tons. Subsidiaries implemented biogas recovery and utilization technologies, converting biogas into steam for production processes. In 2024, 28.26 million cubic meters of biogas were recovered, replacing coal steam and reducing carbon emissions by 59,900 tons.

The subsidiaries within the group are actively pursuing equipment energy-saving technology upgrades and conducting carbon reduction assessments. In 2024, the completion of energy-saving technology transformation projects across the company resulted in significant annual savings. These projects led to reduced electricity consumption by 2,309.16 megawatt-hours, water savings of 29,000 tons, and steam savings of 40,000 tons, ultimately reducing carbon dioxide emissions by 13,500 tons.

Angel Yeast invites global partners to join the clean energy transition and drive environmental innovation. Moving forward, the company will focus on building “zero-carbon factories,” advancing green technology, enhancing energy efficiency, and reducing emissions.

Photo – https://mma.prnewswire.com/media/2668853/image.jpg
Logo – https://mma.prnewswire.com/media/1586948/angel_logo_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/celebrate-earth-day-with-angel-yeast-leading-the-green-production-revolution-with-a-zero-carbon-factory-302433267.html

Continue Reading

Trending