HONG KONG, Oct. 31, 2024 /PRNewswire/ — Metalpha Technology Holding Limited (Nasdaq: MATH) (the “Company” or “Metalpha”), a global digital asset-focused wealth management company, today announced that it filed its Form 20-F annual report for the fiscal year ended March 31, 2024 (“Fiscal Year 2024”) on October 30, 2024. In Fiscal Year 2024, the Company reported a total notional amount of derivate products of approximately US$1.56 billion, which was 406% comparing to the total notional amount of US$382 million for the fiscal year ended March 31, 2023 (“Fiscal Year 2023”).

Financial Highlights

Metalpha is one of the leading digital asset-focused derivative trading firms. Income from the wealth management business surged about 195% from US$5.7 million in Fiscal Year 2023 to US$16.8 million in Fiscal Year 2024. Gross profit also increased by 180% from US$2.0 million in Fiscal Year 2023 to US$5.6 million in Fiscal Year 2024.

“The Company has seen some great progress in the Fiscal Year of 2024 and I’m delighted to see a continued strong growth in our wealth management business. Most importantly we are committed to deliver the best products and services to our clients. We are very confident in the outlook of the digital asset industry and will continue to innovate and design superb products for our professional clients,” said Adrian Wang, Chairman of the Board of Directors and Chief Executive Officer of Metalpha.

The annual report can be accessed under the SEC Filings section on the Company’s investor relations website at https://www.metalpha.net/investor-relations.html. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders upon request. Requests should be directed to the Company’s Investor Relations Department at info@metalpha.finance.

About Metalpha Technology Holding Limited

Founded in 2015, Metalpha Technology Holding Limited (Nasdaq: MATH) went public on October 20, 2017. The listed Company, through its subsidiaries, is dedicated to providing investing and wealth management services with a full-service, institutional-grade platform. With dedicated blockchain expertise, the Company aims to become a leader in the field of crypto wealth management services, bringing robust innovation and transparency to the customers and businesses it serves.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause Metalpha’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.

View original content:https://www.prnewswire.com/news-releases/metalpha-reported-fourfold-jump-in-notional-amount-of-derivative-products-for-fiscal-year-2024-302292809.html

SOURCE Metalpha Technology Holding Limited

Building on its history of publishing firsts, the ContextLens debuts on RealClearPolling

NEW YORK, Oct. 31, 2024 /PRNewswire/ — Polling data is often difficult to understand in isolation. Digging deeper into the numbers tells a more complete story and provides the necessary context to understand the significant trends.

Enter ContextLens. It is the first anticipatory design system that dynamically generates informational graphics based on readers’ needs.

Unlike generic AI tools that only focus on text input and output responses, ContextLens leverages generative AI to understand what information you are looking at on a web page. It then anticipates other content you may be interested in and creates a dynamic visual representation without making you leave the page. 

This generative AI tool functions by reading the site’s metadata structures to understand the “context” the user is reading and provides a “lens” to go deeper into content via AI prompts (either pre-populated or freeform). 

The independent, nonpartisan media company RealClearPolitics (RCP) has selected its RealClearPolling website to be the first to employ this powerful new tool. RealClearPolling offers an aggregated, unbiased look at the dynamics of the presidential, Senate, House, and statewide races during this unprecedented 2024 election cycle. RealClearPolling is an extension of the RCP family, dedicated to delivering the most comprehensive, engaging look at U.S. election polls and public opinion surveys.

Here’s how it works on RealClearPolling: The ContextLens is a purple bar in the bottom corner of a web page. Based on what you are looking at on the page, it anticipates what related content you may be interested in and auto-prompts suggestions. The user can engage with it right there on the page. The results expand by dynamically creating a graphic to give you more context. 

For example, if a user looks at the “Electoral College: Top Battlegrounds” chart on RCP’s home page, the ContextLens will suggest “Explore Electoral College.” When a user clicks on it, three related options pop up: “Recent changes in support,” “Who leads in key states,” and “Electoral College forecast.” 

A graphic representation of the current data is generated once a user clicks on one of the topics. Users can also “Ask a question” to find other information.

Key features include:

Contextual Understanding: The AI interprets the data users view and predicts where additional context is needed.Generative Visuals: Instead of overwhelming users with paragraphs of text, the system designs dynamic visuals to illustrate the point, offering more precise insights.Seamless Integration: Users don’t need to leave the page they are looking at. The system provides expanded context right there, reducing disruption.

The new tool has many advantages: It gives users an unparalleled ability to explore and understand complex information without being overwhelmed. It allows sites with massive amounts of data to streamline it and represent it clearly. It also provides publishers with a new location to sell advertising inventory. 

The ContextLens is currently in beta and available to other publishers.

RCP co-founder and executive editor Tom Bevan says: “For nearly a quarter of a century, RealClearPolitics has served as an innovator and an unbiased source of accurate information. ContextLens allows our users to pull from our years of data to form a complete picture of their topics of interest. Technology is breathing new life into the powerful data and reporting we are dedicated to providing. This marks a bold step in how people interact with complex information on the web.”

Dan Gardner, co-founder of Code and Theory, says: “Polling is a perfect application for our first use of this technology. It is often confusing and hard to interpret. ContextLens simplifies this by dynamically designing visual elements based on the users’ needs and the context in which they view them. It’s the first anticipatory design system that intuitively creates elements on demand, giving more insight and clarity. Typical AI use cases have been limited to just text responses. We know people are also visual. This is the next step forward in how AI can be used in publishing to enhance reader experience, instead of solely focusing on AI as only an efficiency tool. ContextLens offers a glimpse into the future of AI and design, where context, anticipation and visual interpretation come together to create a fluid user experience.”

Code and Theory has had a historic year when it comes to shaping how political information is conveyed. In addition to the launch of the ContextLens, it created Steve Kornacki’s “Big Board.” Kornacki uses the Big Board daily to visualize and explain complex polling data live on the air for millions. Code and Theory also relaunched the Minnesota Star Tribune as the heart and voice of the North, a week before Vice Presidential nominee Tim Walz was announced. The new site performed at the highest level during the biggest traffic day in the history of the site. 

Code and Theory has launched nearly 200 newsrooms throughout its 23-year history. The new TechCrunch, which debuted this month, and Ringier’s Blick, launched last month, are just the latest examples.

About Code and Theory Network
Code and Theory Network is the only network with a balance of 50% creative and 50% engineers at scale. The technology-first group within Stagwell is built to partner with businesses to navigate the complexity of changing consumer behaviors, emerging technologies and AI. With a global footprint and the capabilities to work across the entire consumer journey, we crave the hardest problems to solve. The network includes the flagship agency Code and Theory as well as Kettle, instrument, Left Field Labs, Mediacurrent, Rhythm and Truelogic. Code and Theory clients include Amazon, JPMorganChase, Microsoft, MSNBC, NFL, Pfizer and Yeti. For more, visit codeandtheory.com

About RealClearPolitics
Since its founding in 2000, RealClearPolitics has become the most trusted nonpartisan platform for political news. Washington insiders and interested outside-the-Beltway citizens alike rely on RCP as the authoritative source for reporting, commentary, and analysis on campaigns and elections, and they return for its presentation of all sides of pressing public policy issues coming to the fore in 2024.

About Stagwell
Stagwell (NASDAQ: STGW) is the network created to transform marketing. We deliver creative performance at scale for the world’s most ambitious brands, connecting culture-moving creativity with cutting-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our more than 13,000 experts in more than 34 countries are united under a single purpose: to generate effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com. 

Contact:
Kenneth Hein
kenneth.hein@codeandtheory.com 

View original content to download multimedia:https://www.prnewswire.com/news-releases/code-and-theory-introduces-the-contextlens-the-first-ai-driven-anticipatory-graphic-design-system-for-publishers-302292144.html

SOURCE Stagwell Inc.

Stamus Networks becomes the first network detection and response (NDR) provider to partner with Titan, bringing NDR solutions to their U.K. customer base

LONDON and INDIANAPOLIS and PARIS, Oct. 31, 2024 /PRNewswire/ — Stamus Networks, a global provider of high-performance network-based threat detection and response (NDR) systems, today announced it has partnered with Titan Data Solutions to market Stamus Networks’ solutions throughout the U.K.

Headquartered in London, Titan Data Solutions is a specialist distributor in edge to cloud technologies and services across the U.K., Nordics, Middle East, and Africa. Titan’s offerings include a comprehensive range of solutions encompassing data storage, security, and management, supported by cutting-edge cybersecurity and expert technical services.

“We believe in the power of network solutions to filter out noise and help defenders focus on what matters most – catching threats before damage is done,” said Stamus Networks CEO Ken Gramley. “Based on market trends and customer demand, Titan sees the value in our solutions, and together we will work to help more organizations take a proactive approach to network security.”

By partnering, Stamus Networks becomes the first NDR provider in Titan’s cybersecurity vendor portfolio. Stamus Networks’ flagship product, the Stamus Security Platform (SSP), provides visibility, highly accurate automated response triggers, and an open and transparent approach, which delivers explainable results backed up by extensive evidence. The Stamus Security Platform’s capabilities empower cyber defenders to succeed in the face of rising and increasingly sophisticated threats by providing a layered approach to network security.

“The worsening threat landscape will increasingly drive organizations to reevaluate their cybersecurity solutions,” said Keith Maskell, head of cybersecurity sales at Titan Data Solutions. “For many organizations, timely detection of threats in network traffic and the capability to respond are essential for staying ahead of the new wave of attacks. Titan is excited to add Stamus Networks to its cybersecurity portfolio, so that its resellers can offer an easy-to-run, easy-to-integrate NDR solution to their customers. The Stamus Security Platform is used across diverse industries and provides important benefits over legacy intrusion detection systems and network security monitoring systems.”

To learn more about Stamus Networks, visit: www.stamus-networks.com.

About Stamus Networks
Stamus Networks believes in a world where defenders are heroes, and a future where those they protect remain safe. As organizations face threats from well-funded adversaries, we relentlessly pursue solutions that make the defender’s job easier and more impactful. The global leader in Suricata-based network security solutions, Stamus Networks helps enterprise security teams know more, respond sooner, and mitigate their risk with insights gathered from cloud and on-premise network activity. Our Stamus Security Platform combines the best of intrusion detection (IDS), network security monitoring (NSM), and network detection and response (NDR) systems into a single solution that exposes serious and imminent threats to critical assets and empowers rapid response. For more information visit: stamus-networks.com.

About Titan Data Solutions
Titan Data Solutions is a specialist in edge to cloud technologies and services that facilitate data storage, management, and security around the world. Our unique approach to distribution puts the customer at the heart of our proposition, delivering the best fit solution for their requirements. By combining best-of-breed solutions complemented by extensive service capabilities, Titan are redefining value and driving new market opportunities. Titan is headquartered in London, UK. For more information, visit titandatasolutions.com.

SOURCE Stamus Networks