Press Release
Direxion Launches META Single Stock Leveraged and Inverse ETFs
–News Direct–
Following their recent success with Single Stock Leveraged and Inverse ETFs, Direxion, a leading provider of tradeable and thematic ETFs, today announced the launch of an additional pair, which allow active traders to obtain magnified, or inverse, exposure to the daily performance of the common stock of Meta Platforms, Inc. through either the Direxion Daily META Bull 2X Shares (Ticker: METU) or Direxion Daily META Bear 1X Shares (Ticker: METD).
Although Meta has been around for over two decades, the company continues to evolve and innovate, cementing itself as a lasting leader in the tech space, said Direxion Managing Director, Edward Egilinsky. But thats not without periods of short-term ebbs and flows, of which traders seek to take advantage.
Offering ground-breaking products built for active traders, Direxions pairs of Single Stock Leveraged and Inverse ETFs are meant to be used for short-term trading purposes. These ETFs should not be viewed as buy and hold investments, but rather trading tools for traders with a high-risk tolerance. In addition, unlike traditional ETFs, or even other levered and/or inverse ETFs, these ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification.
"With the launch of METU and METD, Direxion is the only provider to offer Single Stock ETF pairs for all of the Magnificent Seven, Egilinsky added. Traders may respond tactically to headline news, earnings reports, and market sentiment for the Magnificent Seven on an individual basis via our Single Stock suite, or collectively with our recently launched QQQU and QQQD, which provide exposure to a concentrated basket of the seven companies.
All Direxion leveraged and inverse ETFs are intended only for investors with an in-depth understanding of the risks associated with seeking leveraged investment results, and who plan to actively monitor and manage their positions. There is no guarantee these ETFs will meet their objective. Please visit the Direxion Leveraged and Inverse ETF Education Center, where you will find educational brochures, videos, and a self-paced online course to help you understand if leveraged ETFs are right for you.
About Direxion:
Direxion equips investors who are driven by conviction with ETF solutions built for purpose and fine-tuned for precision. These solutions are available for a broad spectrum of investors, whether executing short-term tactical trades, or investing in thematic strategies. Direxions reputation is founded on developing products that precisely express market perspectives and allow investors to manage their risk exposure. Founded in 1997, the company has approximately $42.3 billion in assets under management as of March 31, 2024. For more information, please visit www.direxion.com.
There is no guarantee that the Funds will achieve their investment objectives.
For more information on all Direxion Shares ETFs, go to www.direxion.com, or call us at 866.301.9214.
An investor should carefully consider a Funds investment objective, risks, charges, and expenses before investing. A Funds prospectus and summary prospectus contain this and other information about the Direxion Shares. To obtain a prospectus and summary prospectus call 866-476-7523 or visit our website at direxion.com. A Funds prospectus and summary prospectus should be read carefully before investing.
Investing in the funds involves a high degree of risk. Unlike traditional ETFs, or even other leveraged and/or inverse ETFs, these leveraged and/or inverse single stock ETFs track the price of a single stock rather than an index, eliminating the benefits of diversification. Leveraged and inverse ETFs pursue daily leveraged investment objectives, which means they are riskier than alternatives which do not use leverage. They seek daily goals and should not be expected to track the underlying stocks performance over periods longer than one day. They are not suitable for all investors and should be utilized only by investors who understand leverage risk and who actively manage their investments. The Funds will lose money if the underlying stocks performance is flat, and it is possible that the Bull Fund will lose money even if the underlying stocks performance increases, and the Bear Fund will lose money even if the underlying stocks performance decreases, over a period longer than a single day. An investor could lose the full principal value of his or her investment in a single day. Investing in the Funds is not the same as investing directly in META.
Technology Sector Risk The market prices of technology related securities tend to exhibit a greater degree of market risk and sharp price fluctuations than other types of securities. These securities may fall in and out of favor with investors rapidly, which may cause sudden selling and dramatically lower market prices. Technology securities may be affected by intense competition, obsolescence of existing technology, general economic conditions and government regulation and may have limited product lines, markets, financial resources, or personnel.
Meta Platforms, Inc. Investing Risk Meta Platforms, Inc. is subject to a number of risks related to: its product offerings; business operations and financial results; government regulation and enforcement; the ability to collect and use consumer data; data, security and intellectual property; and the dual class structure of the companys common stock, which limits the ability of shareholders to influence corporate matters.
Direxion Shares Risks An investment in each Fund involves risk, including the possible loss of principal. Each Fund is non-diversified and includes risks associated with a Fund concentrating its investments in a particular security, industry, sector, or geographic region which can result in increased volatility. A Fund's investments in derivatives such as futures contracts and swaps may pose risks in addition to, and greater than, those associated with directly investing in securities or other investments, including imperfect correlations with underlying investments or the Fund's other portfolio holdings, higher price volatility and lack of availability. As a result, the value of an investment in a Fund may change quickly and without warning. Risks of the Funds include Effects of Compounding and Market Volatility Risk, Derivatives Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Market Risk, Industry Concentration Risk, Cash Transaction Risk, Indirect Investment Risk, and risks specific to the technology sector and internet company industry. Additional risks include, for the Direxion Daily META Bull 2X Shares, Leverage Risk and Daily Correlation Risk, and for the Direxion Daily META Bear 1X Shares, Shorting or Inverse Risk as well as Daily Inverse Correlation Risk. Please see the summary and full prospectuses for a more complete description of these and other risks of the Funds.
Distributor: Foreside Fund Services, LLC.
Contact Details
Ditto Public Relations
Danielle Black, SAE
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/direxion-launches-meta-single-stock-leveraged-and-inverse-etfs-772354307
Direxion
COMTEX_453385253/2655/2024-06-05T09:05:26
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Trust Signal Expands to MENA to Strengthen Enterprise and Startup Communications
Dubai, UAE, February 19th, 2026, ZEX PR WIRE, The MENA region today represents one of the world’s most digitally dynamic regions. Several GCC markets report smartphone penetration rates above 90%, while governments are deploying multi-billion-dollar investments to accelerate national digital transformation programs, including Saudi Arabia’s Vision 2030, which prioritizes a diversified, technology-enabled economy, and the UAE’s Digital Economy Strategy, aimed at increasing the digital economy’s contribution to GDP. (Source)

As fintech, e-commerce, logistics, and super apps scale at record speed, communication has become a mission-critical infrastructure. Customer acquisition, authentication, payments, notifications, and support now rely on real-time, compliant, and highly secure messaging ecosystems. At the same time, regulatory frameworks across the region are tightening, and customer expectations around data privacy, responsiveness, and personalization are rising.
Enterprises are therefore rethinking communication not as a channel, but as a strategic growth lever.
Against this backdrop, TrustSignal has announced its expansion into the MENA region. The move reflects a growing demand for resilient, secure, and regulation-ready communication infrastructure that can support both high-growth startups and large enterprises operating across multiple jurisdictions.
With its AI-powered CPaaS ecosystem, TrustSignal aims to enable businesses to manage omnichannel communication with greater reliability, scalability, and compliance. Designed to address the region’s evolving regulatory landscape and diverse consumer behaviors, the platform brings together automation, delivery optimization, and enterprise-grade security to power meaningful customer engagement at scale.
In a region where digital trust directly influences brand growth, communication infrastructure is no longer optional; it is foundational. TrustSignal’s MENA expansion signals a deeper commitment to supporting businesses as they navigate this next phase of digital maturity.
Why MENA, Why Now
The Communication Platform as a Service market in the Middle East and Africa is projected to reach approximately US$10.1 billion by 2030 (Source). This trajectory signals more than sector expansion. It reflects a structural redesign of how enterprises approach customer engagement.
The growth is demand-led.
Across MENA, this momentum is reinforced by API first cloud adoption, mobile commerce growth, heightened security requirements, and cross-border digital expansion.
Channel dynamics are shifting in parallel. A2P SMS remains central for authentication and alerts, while WhatsApp Business APIs and conversational messaging are accelerating across retail and financial services. Enterprises are moving from broadcast notifications to interactive, two-way journeys, with voice APIs gaining ground in security and service coordination.
Communication is not only increasing in volume, but advancing in complexity.
What This Means for Businesses in MENA
The acceleration of CPaaS adoption in MENA marks a structural shift in how enterprises design customer engagement. As messaging evolves from one-way notifications to real-time interactive journeys, communication now sits at the core of revenue flow, fraud prevention, customer trust, and compliance.
Enterprises are navigating rising authentication volumes, expanding conversational traffic, cross-border delivery complexity, and tighter regulatory expectations, demanding infrastructure that is intelligent, resilient, and measurable.
TrustSignal’s expansion aligns with this inflection point, enabling businesses to move beyond scale toward real-time optimization, lower latency, stronger verification stability, and more reliable customer journeys. In a market where a delayed OTP can disrupt transactions and erode trust, communication performance directly shapes business performance.
MENA’s next phase of digital growth will be defined not by message volume, but by delivery intelligence.
Reframing Communication as a Performance Engine
TrustSignal approaches the regional opportunity with a clear thesis: communication infrastructure must evolve from a cost center to a measurable growth engine.
Its AI-enabled CPaaS platform is anchored on three structural capabilities.
- Intelligent Routing and Optimization
Adaptive algorithms analyze delivery behavior in real time, dynamically selecting optimal routes to improve authentication reliability and reduce latency during demand spikes. - Performance Visibility and Analytics
Granular reporting frameworks provide enterprises with actionable insights into delivery outcomes, engagement metrics, and channel efficiency, enabling continuous refinement of communication workflows. - Security and Compliance Architecture
Embedded encryption layers and compliance-aligned frameworks are designed to support evolving regulatory standards across MENA jurisdictions.
Rather than positioning itself as a transactional messaging vendor, TrustSignal operates as an infrastructure partner focused on engineering predictability, resilience, and measurable impact into enterprise communication systems.
A Forward Looking Vision
As MENA’s digital economy matures, the defining differentiator will be operational precision.
TrustSignal’s regional roadmap centers on advancing AI-driven communication intelligence, deepening vertical integrations across fintech, retail, healthcare, and mobility, strengthening predictive performance modeling to anticipate demand surges, and expanding localized enterprise advisory capabilities.
The long term objective is to help enterprises transition from reactive messaging systems to predictive communication ecosystems where infrastructure continuously adapts to optimize engagement, security, and efficiency.
Against this backdrop, the Middle East and North Africa represent a strategic growth frontier for the company. Articulating this vision, Mr Imran Shaikh, Founder and CEO of TrustSignal, stated:
“MENA stands among the world’s most dynamic digital markets. Our expansion underscores a long term commitment to equipping enterprises with a compliant, scalable communication infrastructure that advances regional digital ambitions.”
TrustSignal’s expansion reflects alignment with that future, one where communication is architected for resilience, transparency, and measurable business impact.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
AI Meets Arabic Literature: Qirtas App Unveils Scalable Publishing Infrastructure at Web Summit Qatar 2026
Doha, Qatar, 19th February 2026, ZEX PR WIRE, Qirtas App, a dual-interface digital platform headquartered in Istanbul and Malmo, announced its mission to bridge the global gap in Arabic literature accessibility following its successful showcase in the Alpha Startup category at Web Summit Qatar. By integrating cutting-edge AI production tools with a seamless streaming interface, Qirtas is providing the technical infrastructure needed to digitize the fragmented $4 billion Arab publishing market.

Despite a global population of 430 million Arabic speakers, the publishing industry has long been hampered by prohibitive shipping costs, high piracy rates, and a lack of digital infrastructure. Qirtas App addresses these systemic barriers through a twofold solution: a freemium streaming platform for readers and a sophisticated digital management backend for publishers.
Empowering Publishers through the “AI Production Suite”
Qirtas is not merely a distributor; it is a catalyst for digital transformation. For traditional publishers, the platform offers a dedicated portal to convert physical catalogs into secure, monetizable digital assets.
AI-Automated Production: The platform utilizes proprietary AI to automatically generate high-quality audiobooks and smart summaries, drastically reducing the time and cost barriers that previously prevented publishers from entering the digital space.
Institutional Security: With advanced Digital Rights Management (DRM) and real-time reader analytics, publishers maintain full control over their intellectual property while gaining unprecedented insights into global consumption patterns.
The Future of the Arab Reading Experience
For the global Arab diaspora, Qirtas offers a comprehensive streaming library featuring Qirtas AI, an interactive reading assistant that provides instant translation, text-to-speech narration, and social integration.
“The Arab publishing world is rich in content but starved of modern distribution,” said Tamer Odeh, CEO of Qirtas App. “With Qirtas, we are removing the friction. We aren’t just giving readers an app; we are giving publishers the tools to survive and thrive in a digital-first economy.”
Alaa Barghouth, COO of Qirtas App, added: “Our participation in Web Summit Qatar has confirmed the massive appetite for this technology. We have already secured commitments from major publishing houses ready to onboard their catalogs. We are now focused on scaling our infrastructure to meet this demand.”
Market Opportunity & Investment
The digital publishing segment in the MENA region is currently valued at $400 million and is experiencing rapid year-over-year growth. Having validated its model with early industry commitments, Qirtas App is currently open for pre-seed investment to accelerate its market launch and expand its AI-driven production capabilities.
For more information or to inquire about partnership opportunities, visit qirtasapp.com.
About Qirtas App
Qirtas is a Swedish-Turkish “Deep-Tech” publishing platform dedicated to revitalizing Arabic literature. By combining AI-powered content production with a global streaming model, Qirtas connects 430 million Arabic speakers with the books they love, while providing publishers with the tools to digitize and protect their heritage.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet

The BTCD Foundation has announced the upcoming deployment of its proprietary Layer 1 blockchain infrastructure. This development marks the introduction of a new technical framework designed to support decentralized applications and secure digital transactions. The Foundation has confirmed that the Public Testnet is scheduled to open for user participation on February 15, 2026.
Technical Architecture and Infrastructure
The BTCD platform is engineered as an independent Layer 1 blockchain, distinct from token-based projects that rely on existing third-party networks. The core infrastructure utilizes a hybrid consensus mechanism combining Directed Acyclic Graph (DAG) and Proof of Stake (PoS) protocols.
This architectural design is intended to address common scalability challenges in blockchain technology. The technical specifications indicate a capacity for high-volume throughput, with initial testing targeting transaction speeds of over 10,000 transactions per second (TPS) while maintaining sub-second finality. The system is built to operate autonomously, providing a decentralized foundation for developers and users.

Testnet Deployment and Minting Mechanism
Beginning February 15, 2026, the BTCD Foundation will initiate the Public Testnet phase. This phase allows users to interact with the network’s minting protocol to test system stability and performance.
The minting process follows a programmed algorithmic schedule designed to test the network’s long-term sustainability over a projected 25-year timeline. The protocol includes technical halving events scheduled every 2.5 years to regulate the issuance rate of digital assets on the network.
Transition to Mainnet
The Testnet phase is a precursor to the official Mainnet launch, which is currently scheduled for May 15, 2026. The Foundation has outlined a technical migration plan wherein digital assets minted during the Testnet phase will be recognized on the Mainnet system upon its activation.
Ecosystem Development Roadmap
Following the Mainnet launch, the BTCD Foundation plans to deploy a suite of decentralized applications (dApps) integrated directly into the Layer 1 core. The technical roadmap outlines the phased release of nine specific utilities, including:
- Nexora: A decentralized communication protocol.
- Guardian DEX: A decentralized exchange interface.
-
WealthBook: A social networking platform integrated with blockchain identity verification.
Future updates scheduled for later in 2026 involve the integration of automated trading algorithms and asset management utilities.
About BTCD Foundation
The BTCD Foundation is a technology organization focused on the development of Layer 1 blockchain solutions. It aims to build a scalable, secure, and decentralized infrastructure to support the next generation of digital applications.
Testnet Access: http://btcd.foundation
Community Hub: https://t.me/btcdfoundation1
Media Contact
Organization: BTCD FOUNDATION
Contact Person: Mr. Alex – CEO
Website: https://btcd.foundation
Email: Send Email
Country:Panama
Release id:41440
The post BTCD Foundation Launches Layer 1 Blockchain Infrastructure and Opens Public Testnet appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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