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Matrixport Pursues Financial Service Permission Licence to Offer Comprehensive Virtual Asset Services in Bhutan’s Gelephu Mindfulness City Special Administrative Region

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GELEPHU MINDFULNESS CITY, Bhutan, Dec. 18, 2024 /PRNewswire/ — Matrixport, a leading all-in-one crypto financial services platform, today announced its intention to apply to the Gelephu Mindfulness City Authority (GMCA) for a Financial Services Permission Licence to carry out regulated activities in relation to Virtual Assets in Gelephu Mindfulness City (GMC), Bhutan’s new Special Administration Region. In doing so, Matrixport will be amongst the first licence applicants under GMC’s new financial services and virtual asset regulatory framework. Matrixport plans to offer a comprehensive suite of virtual asset offerings in GMC, which has seen significant interest from firms in the virtual asset and traditional finance sectors since GMC’s launch was first announced in December 2023.

Located on the land bridge connecting the rapidly-growing economies of South Asia, GMC is uniquely positioned to serve more than 2 billion people in the region and offers companies, investors, and individuals the opportunity to pursue economic and social growth without compromising sustainability or the human spirit. GMC’s strategic location provides Matrixport with extensive market opportunities. Matrixport’s presence in GMC will be the firm’s first expansion into South Asia and will serve as Matrixport’s regional base for the region.

With a focus on financial services and virtual assets, GMC encourages innovation and development in fintech and blockchain technologies. The jurisdiction maintains a forward-looking regulatory framework that adheres to international regulatory standards in a risk-proportionate, progressive, and technology-inclusive environment.

Subject to regulatory approval from the GMCA, Matrixport intends to offer compliant and diversified virtual asset financial services in GMC, including structured products, real-world asset (RWA) offerings, prime brokerage services, and virtual asset custody solutions. Matrixport aims to enhance its business expansion capabilities in GMC and surrounding markets and promote economic growth in GMC.

John Ge, Matrixport CEO commented “We are excited about our business expansion in Bhutan. As global interest in virtual assets continues to rise, we believe GMCs regulatory environment will provide an excellent platform for us to deliver innovative and compliant virtual asset financial solutions to the local economy and neighboring markets. We look forward to closely collaborating with GMC to advance its digital economy.”

HB Lim, Managing Director (Financial Services) at GMCA, added: “GMC’s robust yet risk-proportionate regulatory framework is purpose-built to support blockchain and technology-focused companies. We look forward to working with licence applicants such as Matrixport to establish GMC as a regulated, vibrant and innovative global hub for financial services and digital assets that reflects the needs of businesses, bolsters the global blockchain ecosystem in a safe manner, and drives growth for GMC.”

About Matrixport

Founded in 2019, Matrixport is the world’s leading all-in-one hub for crypto financial services. The platform is committed to providing every user with a personalized Super Account that integrates crypto trading, investment, loan, custody, RWA, research and more. With $6 billion in AUM (assets under management), Matrixport offers global users diverse crypto-financial solutions designed for optimal capital efficiency and sustainable returns.

As a Group and through its local subsidiaries, Matrixport has received the Trust and Company Service Provider (TCSP) / Money Lender Licenses in Hong Kong, and the FINMA Asset Management License in Switzerland. The company operates as an Appointed Representative in the UK, is registered as an MSB in the US, and is a member of Switzerland’s FINMA SRO-VFQ. It was recognized by CB Insights as one of the “50 Most Promising Blockchain Companies” and featured in the Hurun “2024 Global Unicorn List.” Additionally, Matrixport’s subsidiary, Fly Wing, has obtained IPA for the MPI License in Singapore.

Matrixport official website: https://www.matrixport.com 

About Gelephu Mindfulness City

The Gelephu Mindfulness City (GMC) project is a pioneering initiative creating an urban environment centered around mindfulness, sustainability and innovation in the southern plains of Bhutan. The City will integrate traditional Bhutanese values with cutting-edge design and technology, harnessing the Kingdom’s abundant green power to serve as a global exemplar of holistic development. The GMC will operate as a Special Administrative Region (SAR) vested with independent executive, legislative and judicial powers.

 

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24/7 Software Expands Global Success with Strong Growth in Europe and the Middle East

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Expanding Adoption Across Europe and Beyond

BOCA RATON, Fla., Dec. 18, 2024 /PRNewswire/ — 24/7 Software, a global leader in operations management technology, continues to achieve remarkable growth as it strengthens its presence in Europe and expands into the Middle East. The company’s platform is being embraced by organizations across EMEA, demonstrating its value in delivering real-time, data-driven solutions that optimize operations, improve safety, and elevate the overall experience for users.

Health and Safety Teams Leading the Charge

Health and safety teams are increasingly turning to 24/7 Software to digitize and streamline their processes. Prestigious venues such as Co-op Live, The O2, and Chester Race Company utilize the platform to enhance safety, compliance, and operational efficiency. This adoption highlights the growing recognition of 24/7 Software’s ability to address critical organizational needs with ease and precision.

Unlocking the Power of Analytics

European customers are reaping the benefits of 24/7 Software’s powerful analytics tools, enabling better decision-making and operational insight. Chester Race Company is an example of an organization leveraging these advanced analytics to optimize performance and ensure a seamless experience for staff and patrons alike.

Revolutionizing Facilities Management in Premier League Football

Facilities management teams in the world of Premier League football are harnessing 24/7 Software to manage match-day operations, centralize communication, and enhance the fan experience, proving its value as an essential tool for some of the most demanding organizations.

A Growing Presence in the Middle East

In addition to its success in Europe, 24/7 Software is making significant inroads into the Middle East. The region’s organizations are adopting the platform to enhance operations and drive innovation, further solidifying 24/7 Software’s position as a global leader in operations management technology.

“24/7 Software is dedicated to empowering organizations around the world with cutting-edge solutions that improve efficiency and safety,” said Justin King, Executive Vice President at 24/7 Software. “Our expansion into Europe and the Middle East reflects the growing demand for reliable, versatile tools that transform the way businesses operate.”

About 24/7 Software

24/7 Software is a global leader in operations management software, serving the world’s top venues, sports leagues, and entertainment organizations. Its innovative technology helps these organizations improve safety, security, facilities management, and the guest experience, backed by unparalleled support.

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Finsulate One of Business Worldwide Magazine’s Top 20 Most Innovative Companies to Watch in 2024

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Recognised for its groundbreaking work in the maritime industry, Finsulate has been named as one of the Top 20 Innovative Companies to Watch in 2024 by Business Worldwide Magazine.

LONDON, Dec. 18, 2024 /PRNewswire/ — The list recognises trailblazing organisations redefining industries through groundbreaking technologies and transformative business practices. These companies define the future through innovation and disruption, from healthcare to energy.

Finsulate’s toxin-free antifouling wrap is reshaping its sector by offering an eco-friendly, cost-effective alternative to traditional antifouling paints. Biofouling, the buildup of marine organisms like barnacles and algae on ship hulls, has long been a costly and environmentally damaging issue. It increases drag, driving up fuel consumption, carbon emissions, and maintenance costs. Traditional antifouling paints, reliant on biocides, address the problem but at the cost of leaching harmful toxins into marine ecosystems.

By mimicking the textured surface of a sea urchin, Finsulate’s antifouling wrap prevents marine organisms from attaching to vessels without relying on harmful chemicals, resulting in superior performance:

Eco-Friendly Design: 100% free of biocides and toxins, safeguarding marine habitats.Longevity: Lasts 8–10 years, vastly outliving traditional antifouling paints.Cost Efficiency: Reduces the need for frequent maintenance and significantly lowers fuel consumption.Convenient Maintenance: Minor fouling can be removed easily while the vessel remains in water, minimising downtime.

Since its debut, Finsulate has been applied to over 800 vessels worldwide, from leisure yachts to large commercial ships and offshore wind installations. Early adopters have reported transformative results, including a steel sailing yacht treated in 2013 that remains largely biofouling-free over a decade later.

Finsulate is driving success stories whilst championing a broader shift towards sustainability within the maritime industry. Key impacts include:

Reduced Carbon Emissions: Improved fuel efficiency supports global climate goals.Preserved Marine Ecosystems: Biocide-free solutions protect biodiversity and minimise microplastic pollution.A Circular Economy: At the end of its lifecycle, Finsulate’s wrap is recyclable, aligning with cradle-to-cradle principles.

Founder Rik Breur encapsulates the company’s mission: “Sustainability is more than a trend; it’s our responsibility. Together, we can create a better future for our oceans.”

For more information about Finsulate and its transformative technology, visit finsulate.com.

Further information about the 2024 Business Worldwide Magazine Awards, including the Top 20 Most Innovative Companies to Watch list, can be found at https://www.bwmonline.com/20-most-innovative-companies-to-watch-2024-winners/

About Business Worldwide Magazine

Business Worldwide Magazine is the leading source of business and dealmaker intelligence throughout the world. Our quarterly magazine and online news portal enable an established audience of corporate dealmakers to track the latest news, stories and developments affecting the international markets, corporate finance, business strategy and changes in legislation. This readership includes CEO/CFO – Banks, Corporate Lawyers and Venture Capital/Private Equity Companies to name a few.

Contact
David Jones
Awards Department
E: david@bwmonline.com 
W:  www.bwmonline.com 

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Hisense to Showcase Future of Smart Living with “AI Your Life” at CES 2025

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QINGDAO, China, Dec. 18, 2024 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, is set to redefine smarter living with the debut of its AI ambition powered by a showcase of its latest innovations at CES 2025.

Recognized as the world No.1 in the 100”+ TV market, Hisense has set the global trend in large-screen with ever richer experiences. While product specifications are important, Hisense is constantly pushing boundaries to elevate every experience, connecting with people where they spend their time, and creating products that enhance life’s most meaningful moments and inclusive for all.

For Hisense, AI isn’t just a vision of the feature, but the backbone of product innovations, designed to simplify life and make every moment memorable. By integrating AI technology with cutting-edge Hi-View AI Engine, Hisense is enabled to deliver a more authentic, highly detailed, and vibrant viewing experience for everyone, integrated seamlessly to improve daily experiences and delivering unmatched energy efficiency.

From January 7-10, Hisense will be showcasing the very latest technological breakthroughs at the Central Hall, Booth 16625 at the Las Vegas Convention Center, offering a glimpse into the future of unparalleled AI-driven lifestyle experiences.

A key theme of Hisense’s booth is the scenario-based application of AI technology, reinforcing its leadership in TV and expertise in delivering outstanding picture quality, whilst providing visitors a first-hand experience of the integration of AI in transforming modern lifestyles. Featuring 17 immersive experiences and 59 technical highlights, Hisense will unveil a veritable suite of premium products, including ULED MiniLED TVs, Laser TVs and other smart home appliances, along with advanced applications in automative, commercial displays, healthcare and energy systems.

To kick-off CES 2025, Hisense will host an exclusive press conference on January 6 from 9:00 AM to 9:45 AM PST in the Jasmine Room at Mandalay Bay, the day prior to the official CES opening.

Hisense at CES 2025
Event Dates: January 7-10, 2025
Location: Las Vegas Convention Center, Central Hall
Booth Details: Hisense at Booth 16625

About Hisense

Hisense is a leading global home appliance and consumer electronics brand. According to Omdia, Hisense ranked No. 2 globally for total TV shipments and No. 1 in 100″+ TVs. The company has expanded quickly to operate in more than 160 countries and specializes in multi-media goods, home appliances, and intelligent IT information.

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