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GTN and SBI Group collaborate to launch “SBI Saudi Arabia Equity Exchange Traded Fund (ETF)”

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The launch marks the first ETF dedicated to investing in the Saudi Arabian stock market listed on the Tokyo Stock Exchange.

DUBAI, UAE, Nov. 4, 2024 /PRNewswire/ — GTN and SBI Holdings announced on October 30 at FII 8th Edition 2024 in Riyadh the launch of the “SBI Saudi Arabia Equity Exchange Traded Fund (ETF)”- a groundbreaking ETF dedicated to investing in the Saudi Arabian stock market and listed on the Tokyo Stock Exchange. This fund marks a significant milestone as it represents the first ETF focusing exclusively on Saudi equities to be accessible to Japanese investors.

The collaboration between GTN and SBI Group stems from a Memorandum of Understanding (MOU) signed in May 2024 in Tokyo at the Saudi Japan Vision 2030 Event in the presence of H.E. Eng. Khalid bin Abdulaziz Al-Falih, the Minister of Investment.

Inspired by Vision 2030, the ETF is expected to reflect the performance of the Saudi market and attract Japanese investors due to Saudi Arabia’s significant economic transformation, sustainable growth, and advanced financial infrastructure. The ETF will be managed to achieve investment results linked to the “MSCI Saudi Arabia Index (yen equivalent basis)”. SBI Asset Management received the regulator’s approval, and the ETF was successfully listed on the Tokyo Stock Exchange on October 31, 2024. 

As per the MOU signed between the parties, SBI Asset Management will be responsible for creating, managing and promoting the ETF in Japan, while GTN will provide research, execution, clearing and settlement services to the ETF. 

SBI Group is a strategic investor of GTN and a key partner in GTN’s expansion plans in Asia.   

The Chairman of GTN and its mother company NTG, Mohammed Rashid Al Ballaa said: “We are excited about the collaboration between SBI Group and GTN to launch the first-ever Saudi-focused ETF in Japan. SBI Group has access to over 10 million customers and is ideally suited to promote an ETF linked to the Saudi market in Japan. This milestone was achieved thanks to Mr. Yoshitaka Kitao, the visionary leader and founder of SBI Group.” “The ongoing support of the Saudi Stock Exchange and the Ministry of Investment in Saudi Arabia were also essential success factors in reaching this milestone,” said Mr. Al Ballaa.      

At the FII conference in Riyadh, Mr. Yoshitaka Kitao said: “I am excited to be in the Kingdom and see the development that has taken place over the past few years. I am also excited to see the unfolding of the Vision 2030. I am confident that the Saudi Arabia ETF will provide Japanese investors the opportunity to participate and be part of the growth journey of Saudi Arabia.” 

About GTN

GTN is a fintech pioneer with decades of success, holding broker-dealer and capital markets services licenses in multiple jurisdictions through subsidiaries. We are committed to empowering brokers, banks, asset managers, and fintechs with scalable and innovative investment and trading solutions that enable access to a comprehensive network of global markets and multiple asset classes, making investment and trading accessible to all.

GTN brings together a diverse team of over 500 talented individuals spread across Brazil, Hong Kong, Saudi Arabia, Singapore, South Africa, Sri Lanka, the UAE, the UK, and the US, united by a shared passion and purpose: empowering clients and transforming the accessibility to investment and trading opportunities for all.

GTN is backed by strategic investors IFC, a member of the World Bank Group, and SBI Group, one of the largest financial services firms listed on the Tokyo Stock Exchange. To learn more, visit www.gtngroup.com or follow us on LinkedIn.

About SBI Group

Over 25 years of successful track record, SBI Group has become one of the largest FinTech companies in Japan. Listed on the Tokyo Stock Exchange, the SBI Group has over 19,000 employees and 685 group companies. SBI Group’s main businesses are financial services, asset management, investment business, Crypto-assets and Next Gen businesses such as biotechnology, healthcare and Web3.

SBI Group companies include SBI Securities, Japan’s number one online securities company, SBI Sumishin Net Bank, Japan’s largest internet bank in terms of deposit amount, and a variety of other financial companies.

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View original content:https://www.prnewswire.co.uk/news-releases/gtn-and-sbi-group-collaborate-to-launch-sbi-saudi-arabia-equity-exchange-traded-fund-etf-302295537.html

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Matrixdock Partners with Brink’s for Global RWA Custody, Starting with Gold

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Partnership Enhances Security for XAUm, Matrixdock’s Gold-Backed Digital Asset, with a Focus on Key Asian Financial Hubs

SINGAPORE, Nov. 25, 2024 /PRNewswire/ — Matrixdock, a leading platform for tokenized real-world assets (RWA), is pleased to announce a strategic partnership with Brink’s, a global leader in secure logistics and asset protection. This partnership ensures the secure transportation and vaulting of LBMA-certified gold, which underpins Matrixdock’s recently launched XAUm token, with a focus on vaults located in Singapore and Hong Kong, two of Asia’s premier financial hubs.

XAUm, an ERC-20 token fully backed by physical gold, offers investors a trusted and transparent digital asset tied to London Bullion Market Association (LBMA) accredited gold. The partnership with Brink’s guarantees that the gold reserves backing XAUm are securely held in high-security, fully insured vaults in Singapore and Hong Kong, enhancing the credibility and security of the token for investors across the globe, particularly in the Asia-Pacific region.

“Brink’s reputation for excellence in secure logistics, combined with the strategic location of vaults in Singapore and Hong Kong, provides unparalleled security and confidence for our XAUm investors,” said Eva Meng, Head of Matrixdock. “This partnership underscores our commitment to maintaining the highest standards of trust and transparency for our tokenized real-world assets.”

Zac McKenna, Head of Digital Assets at Brink’s, emphasized the importance of secure custody solutions in the growing RWA tokenization space: “At Brink’s, we are proud to support the tokenization of real-world assets by providing the secure infrastructure that makes these digital products credible and reliable. Our collaboration with Matrixdock enables us to bring our extensive expertise in secure logistics to the forefront of the blockchain ecosystem.”

Brink’s, with its extensive experience in secure asset management and its well-established presence in Asia, will ensure that the LBMA gold backing XAUm is safely transported, stored, and protected in its world-class vaults. Ben Van Kerkwijk, Vice President of Brink’s Global Services – Asia Pacific, added: “Our premier vaulting facilities in Singapore and Hong Kong are trusted by top-tier clients around the world. We are pleased to provide the same world-class protection for the physical gold that backs Matrixdock’s XAUm token, further enhancing the security and trust for investors in the region.”

This partnership allows Matrixdock to offer a robust gold-backed digital asset that aligns with the security and regulatory requirements of global investors.

XAUm provides investors with seamless access to the value of physical gold while benefiting from the efficiency, liquidity, and transparency of blockchain technology. By focusing on secure vaulting in Singapore and Hong Kong, Matrixdock strengthens its offering in the growing Asian market for tokenized assets.

For more information, please visit www.matrixdock.com.

About Matrixdock

Founded in February 2023 by Matrixport, Matrixdock is a premier platform that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock has rapidly emerged as an industry leader, earning the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions.

Matrixdock is dedicated to becoming the gateway for clients seeking top-tier RWA investments. With a steadfast focus on building a trusted and secure RWA ecosystem for crypto, Matrixdock provides diversified investment opportunities while setting new standards for trust and governance in the digital asset space.

About Brink’s

The Brink’s Company (NYSE:BCO) is a leading global provider of cash and valuables management, digital retail solutions, and ATM managed services. Our customers include financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. Our network of operations in 52 countries serves customers in more than 100 countries.

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View original content:https://www.prnewswire.co.uk/news-releases/matrixdock-partners-with-brinks-for-global-rwa-custody-starting-with-gold-302315224.html

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Snag top-notch smart home gadgets at unbeatable prices: EZVIZ drops Black Friday deals on its all-time bestsellers and flagship innovations

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People can score huge savings on EZVIZ’s award-winning security products and robot vacuums, making their homes safe and comfortable before New Year arrives.

HOOFDDORP, Netherlands, Nov. 25, 2024 /PRNewswire/ — EZVIZ, a leading smart home company known for its high-quality gadgets, is ramping up the thrills of Black Friday shopping by kicking off its special sale into high gear. Simplifying the stressful process of handpicking products and comparing bargains across brands and platforms, EZVIZ adds massive discounts to its extensive product portfolio, helping people build a multi-device smart system from scratch. Even busy but picky homeowners can quickly find essential devices like a garage security camera, a pet monitor or a multi-purpose vacuum cleaner, at hard-to-resist prices with unmatched functionality.

EZVIZ’s Black Friday sale runs from November 22 to December 2 in its official store on Amazon UK. For any family in need of peace of mind or gift ideas for the upcoming holidays, here are some hard-to-miss offers:

H9c Dual Pan & Tilt Wi-Fi Camera (3K) – now£99.99, was£129.99

A star innovation of the year that advances the dual-lens technology to become highly smart and responsive. The H9c Dual combines a 3K wide-angle lens and a pan-tilt 3K telephoto lens in one housing. The duo works independently to secure two directions, or reacts to each other to complete the tracking of a single important activity.

EP3x Pro Dual-Lens Battery Video Doorbell – now£99.99, was£129.99

A truly smart doorkeeper that doubles up your vision with subscription-free detection features, all with easy installation. Seamlessly stitching the view of a main 2K lens and a 1080p down-facing lens, the EP3x Pro sees visitors and delivered packages from top to bottom. Flexible for any home, it uses a large battery and has an included solar panel for additional green power. 

CP2 Peephole Door Viewer – now£49.99, was£69.99

A simple yet reliable option to turn an existing peephole into a smart, sharp camera. The CP2 attaches to most doors and allows real-time viewing via the large indoor screen or remotely via the EZVIZ App. All family members, including seniors and children, can see who’s outside without having to worry about blind spots, and feel protected and safe in a cost-effective way.

Photo – https://mma.prnewswire.com/media/2557647/EZVIZ_2024_Black_Friday_PR_Picture.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/snag-top-notch-smart-home-gadgets-at-unbeatable-prices-ezviz-drops-black-friday-deals-on-its-all-time-bestsellers-and-flagship-innovations-302315226.html

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innDex bolsters team with new COO appointment – their global mission to transform the industry shows no signs of slowing

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LONDON, Nov. 25, 2024 /PRNewswire/ — innDex have announced the strategic appointment of Charlie Versi as Chief Operating Officer, “marking a significant step in the company’s ongoing mission to empower the construction industry with simple and powerful solutions”. Charlie brings 20 years of experience within development and contractor businesses, including 10 years leading in-house software development and procurement. 

innDex have recognised that continuing to build this blend of technology and construction delivery expertise in-house, is vital in navigating today’s construction challenges. 

Reflecting on the move to innDex, Versi shared, “the last 12 months has reinforced the fact that the construction industry continues to face significant challenges and a need to evolve. innDex has positioned itself as a key technology partner, at the forefront of tackling many of these issues  through innovation and strong industry partnerships. I’m thrilled to join a team that’s deeply committed to addressing the underlying inefficiencies that fundamentally impact productivity in  the construction industry.”

innDex Co-Founders George Smithies and Aaron Vousden both saw an opportunity to bring Versi in, to drive multiple positive impacts inside the organisation as well as support their continued efforts to partner closely with the industry that is under increasing pressure to perform in difficult conditions. They believe this strategic hire, coupled with a shared vision for a proactive, technology-led approach, will support innDex’s growth and their continued focus on addressing  the fundamental causes of the sector’s productivity challenges.

Co-Founder George Smithies added, “Our mission to empower construction professionals remains  the core driver of our business. innDex was built by industry experts committed to revolutionising  project delivery—not just through small improvements, but by embracing a forward-thinking, tech driven mindset. Having Charlie join was the obvious next big step for us, we’re excited to strengthen an already incredible team, during a rapid time in our growth.”

Contacts: Marketing and Communications Coordinator – Uyen Danguyen@inndex.co.uk 

Photo – https://mma.prnewswire.com/media/2565698/innDex_COO_Charlie_Versi.jpg

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