Press Release
Cloom Tech Strengthens Custom Cable Assembly Manufacturing for Industrial and Electronic Systems
Medley, FL 33178, United States, 12th May 2026 – Cloom Tech, a pioneering manufacturer of custom wire harnesses and cable assemblies, announced an expansion of its manufacturing capabilities to support industrial and electronic systems across multiple sectors, including automotive, robotics, medical devices, and aerospace. The development reflects increasing demand for durable and application-specific wiring solutions designed to meet the operational requirements of advanced electronic equipment and industrial machinery.

Headquartered in Medley, Florida, Cloom Tech provides custom wire harnesses and cable assemblies for projects requiring precision manufacturing and consistent quality standards. The company stated that the strengthened manufacturing initiative is intended to improve production efficiency, design support, and assembly reliability for customers developing complex electrical systems.
The expanded manufacturing focus includes support for prototype development, small-batch production, and larger-scale manufacturing requirements. Cloom Tech also confirmed continued investment in engineering coordination and production processes intended to help manufacturers address evolving technical specifications in industrial and electronic applications.
Industrial and electronic systems increasingly rely on customized wiring configurations capable of operating in demanding environments. Factors such as temperature resistance, vibration tolerance, signal integrity, and long-term durability continue to influence the design and production of cable assemblies used in mission-critical equipment. Cloom Tech stated that the strengthened manufacturing approach is intended to align with these industry requirements while maintaining production consistency and product reliability.
Ivy Zhao, spokesperson for Cloom Tech, said the company’s latest manufacturing efforts are focused on supporting customers who require dependable cable assembly solutions for highly specialized applications. “Industrial and electronic systems continue to become more advanced, which increases the importance of reliable cable assemblies and wire harnesses,” said Zhao. “Cloom Tech is strengthening manufacturing operations to support customers that require precision-built wiring solutions designed for performance, durability, and long-term operational stability.”
According to the company, the expanded capabilities include greater flexibility in handling custom project specifications and production volumes. The manufacturing process is designed to support industries where electrical connectivity and system reliability are considered essential to operational performance. Cloom Tech noted that cable assemblies used in industrial automation, robotics, and medical equipment often require strict attention to engineering detail and manufacturing accuracy.

The company also stated that collaboration between engineering teams and manufacturing personnel remains a central part of its production strategy. Design support from early-stage development through final production is intended to help manufacturers streamline integration processes and reduce compatibility concerns during deployment.
As industrial automation and electronic system development continue to expand globally, manufacturers are increasingly seeking suppliers capable of adapting to changing project requirements and technical standards. Cloom Tech stated that its strengthened manufacturing capabilities are intended to provide customers with greater consistency across both prototype and production stages.
Industry analysts have noted continued growth in sectors that depend on custom cable assemblies, particularly in robotics, aerospace electronics, and advanced medical devices. The increasing complexity of connected systems has contributed to higher demand for tailored wiring solutions that can support performance requirements without compromising reliability or safety.
Cloom Tech indicated that ongoing operational improvements are also intended to support long-term manufacturing scalability. The company stated that maintaining stable production standards while accommodating customized specifications remains a key priority as industry demand evolves.

Zhao said the company expects continued development in industrial and electronic technologies to shape future manufacturing requirements for cable assemblies and wire harnesses: “The future of industrial and electronic systems will require increasingly specialized connectivity solutions that can adapt to complex technical environments,” Zhao said. “Cloom Tech intends to continue refining manufacturing processes and engineering support capabilities to address the evolving needs of industries that depend on reliable electrical infrastructure.”
Cloom Tech manufactures custom wire harnesses and cable assemblies for a range of industries requiring tailored electrical connectivity solutions. The company provides design support from prototype development through production and focuses on manufacturing durable wiring systems intended to meet project-specific operational requirements.
For additional information about cable assembly contract manufacturer, contact Cloom Tech at +1 863 434 8447, by email at sales@cloomtech.com, or by mail at 9251 NW 112th Ave, Medley, FL 33178, USA.
Media Contact
Organization: Cloom Tech
Contact Person: Ivy Zhao
Website: https://cloomtech.com/
Email: Send Email
Contact Number: +18634348447
Address:9251 NW 112th Ave
City: Medley
State: FL 33178
Country:United States
Release id:44920
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Press Release
Performativ Appoints Banking Veteran Jacob Dahl as Chair to Support Enterprise Expansion in Wealth Management
Copenhagen, Denmark, July 1st, 2026, FinanceWire
Former McKinsey Senior Partner and Co-Leader of the Global Banking Sector joins Performativ following the company’s $14 million Series A led by Deutsche Börse Group
Performativ, the next-generation operating system for wealth management, today announced the appointment of Jacob Dahl as Chair of its Board of Directors. Dahl, a former Senior Partner and Co-Leader of the Global Banking Sector at McKinsey & Company, brings more than three decades of experience across global banking, financial services, technology transformation, risk and compliance.
Dahl’s appointment follows Performativ’s recent $14 million Series A funding round, led by Deutsche Börse Group, with participation from Rabo Investments, Jacob Dahl and existing investors including FinTech Collective and EIFO. His move from investor to Chair reflects continued confidence in Performativ’s mission to modernize the operational backbone of wealth management and support larger financial institutions as they replace fragmented legacy infrastructure with more integrated, AI-enabled operating models.
“Performativ is addressing one of the most important challenges in wealth management: the need for modern, scalable infrastructure that can support increasingly complex client, data and regulatory requirements,” said Jacob Dahl, Chair of Performativ. “After more than 30 years working with banks and financial institutions around the world, I believe the industry is ready for a new operating model. Performativ’s unified platform and AI-native approach put the company in a strong position to support private banks, wealth managers and larger institutions through that transition.”
Founded in 2020, Performativ provides a cloud-native platform that brings together portfolio management, performance and attribution analysis, risk analytics, compliance, reporting, multi-custodian data aggregation and trading in one operating system. The platform is designed to help wealth and asset managers, private banks and financial institutions reduce operational complexity, improve scalability and automate manual workflows across the wealth management value chain.
Dahl has held senior leadership roles across Europe, Africa and Asia. At McKinsey & Company, he led banking practices across multiple regions, including Scandinavia, Africa, EEMA and Asia, and co-led the firm’s Global Banking Sector. Earlier in his career, he co-founded Basisbank and held senior roles in corporate banking, private banking and capital markets.
“Jacob brings exceptional experience from the global banking industry and a deep understanding of the transformation challenges facing financial institutions,” said Albert Geisler Fox, CEO of Performativ. “As we expand further into the enterprise segment, his strategic guidance, industry knowledge and network will be highly valuable. We are pleased to welcome him as Chair and look forward to working closely with him in this next phase of Performativ’s growth.”
The appointment strengthens Performativ’s position as the company continues to expand across Europe and increase its focus on private banks and larger financial institutions. With fresh capital, a growing client base and strengthened board leadership, Performativ is positioned to accelerate the adoption of integrated, AI-enabled infrastructure across the wealth management industry.
About Performativ
Performativ is building the operating system for tomorrow’s wealth management. Headquartered in Copenhagen, Denmark, the company helps wealth organizations unify data, workflows and governance across their operations, enabling firms to operate with greater clarity, control and scale.
More information available at performativ.com.
Contact
Chief Commercial Officer
Christian Lindvall
Performativ
christian.lindvall@performativ.com
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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
Türkiye’s leading digital asset platform Paribu expands its platform into DeFi, yield, and equities
Istanbul, Türkiye, July 1st, 2026, FinanceWire
Türkiye’s leading digital asset platform expands into DeFi and equities, integrating Hyperliquid perpetuals, Polymarket option markets, and US and Turkish stocks in a single app
Paribu, Türkiye’s leading digital asset platform, has launched DeFi access, covering DEX trading, perpetual contracts via Hyperliquid, and option markets via Polymarket and has opened an equity trading waitlist. The moves mark a strategic shift for the nine-year-old exchange as it builds toward a single app covering crypto, DeFi, yield, and equities.
Paribu is the first regulated exchange to deliver both Hyperliquid perpetuals and Polymarket option markets directly inside a CEX interface, without a separate wallet app. Users access all DeFi features from within the existing Paribu app, using their existing balance, through a fully self-custodial setup. Paribu delivers onchain access from within the exchange interface itself: same account, same balance, no separate app, no seed phrase. Every DeFi position is self-custodial, assets remain in the user’s own wallet at all times.
A single destination for investing across traditional and onchain markets
Türkiye ranks fifth globally in retail crypto activity, recording $40 billion in volume in Q1 2026 alone, growing 7% year-over-year amid an 11% global contraction (TRM Labs, April 2026). Until now, its retail investor base had no meaningful access to onchain perpetuals or option markets.
Existing integrations for both Hyperliquid and Polymarket have reached users already operating in DeFi wallet environments. Paribu brings these markets to a different audience: the millions who manage their primary crypto holdings in a single app and have never had a reason to leave it. Paribu’s integration lets them reach perpetuals and option markets without giving up that familiar setup: no separate wallet app, no new account, no platform switch, and the entire experience stays inside Paribu.
“Paribu is becoming a single app for all of finance: crypto, DeFi, equities, and yield. Integrating Hyperliquid and Polymarket is another step toward that vision. Instead of asking users to navigate multiple wallets and protocols, we’re bringing a seamless in-app self-custodial DeFi experience to millions of people, making onchain perpetuals and prediction markets as accessible as the rest of their financial lives. Soon, we’ll expand that vision even further by bringing access to both U.S. equities and Borsa Istanbul-listed stocks into the Paribu app, creating a single destination for investing across traditional and onchain markets.” — Yasin Oral, Founder and CEO, Paribu
Perpetuals, now on a CEX experience
Perpetual contracts are now accessible through the DeFi section of the Paribu app. Trades route directly to Hyperliquid’s decentralized blockchain. Every position exists onchain, in the user’s self-custodial wallet, at all times.
Hyperliquid has become the dominant infrastructure layer for onchain perpetuals. The protocol has processed over $4 trillion in cumulative trading volume, leads the decentralized exchange market by open interest, and has attracted a fast-growing builder ecosystem — including integrations with major self-custody wallets. Its builder code program has distributed over $85 million in revenue to frontend developers. For Paribu, integrating Hyperliquid means connecting its users to the deepest onchain liquidity available in the perpetuals market today.
Prediction markets, accessible in Türkiye for the first time
Curated prediction markets are accessible through the same DeFi section. Paribu serves as the interface layer; execution and settlement occur onchain via Polymarket’s infrastructure. Markets are curated: each contract is reviewed for integrity, liquidity depth, and risk profile before it appears in the app.
Polymarket is the world’s largest decentralized option market. This is the first time option markets are accessible to Türkiye’s retail base through a mainstream exchange interface, and the first time a centralized exchange has delivered Polymarket through a fully self-custodial setup.
Stocks are coming
Paribu holds CMB establishment authorization for its brokerage arm, which is awaiting its operating license. NYSE, Nasdaq, and Borsa Istanbul stocks will be tradeable on Paribu. Real-time market data for all three is live today, free for all users. A waitlist is open ahead of trading going live.
About Paribu
Paribu is Türkiye’s leading digital asset platform and a key player in the country’s fintech ecosystem. Founded in 2017, the company pursues a growth strategy focused on regulatory compliance, product innovation, and expansion into multiple geographies. In 2026, Paribu expanded from a crypto exchange into a multi-asset investment app, bringing together crypto trading, DeFi access, yield products, and equities on a single platform. Paribu supports 220+ crypto assets and serves millions of users. Its matching engine, Hyper Engine, processes 7.6 million orders per second. The company’s institutional custody infrastructure is built on ColdShield, its proprietary multi-layer digital asset custody technology. In 2025, Paribu acquired a majority stake in CoinMENA, a licensed exchange operating in Dubai and Bahrain serving 1.5M users across MENA. In 2026, self-custodial finance app Clave joined Paribu, bringing passkey-based account abstraction and on-chain capabilities to the stack.
Contact
Ayşenur Akçelik
aysenur.akcelik@paribu.com
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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
AiNO1 Ushers in a New Chapter! Airdrop Concludes, Mining Launches, Dual-Exchange Implementation Completed
The AI intelligent agent and RWA real-world asset sectors are experiencing explosive growth, marking a significant milestone in AiNO1’s ecosystem upgrade! The global airdrop permanently ends on July 15th, simultaneously launching node staking and AI mining; in late July, both CEX and DEX channels will be fully open, officially completing the project’s value loop and entering a fast track for large-scale implementation.

AiNO1, leveraging its self-developed layered sharding and intelligent symbiotic node technologies, achieves high TPS, ultra-fast block generation, and ultra-low transaction fees, perfectly addressing the pain points of traditional public chains such as poor performance, high transaction fees, and severe inflation, creating a dedicated underlying public chain for AI+RWA in the Web4.0 era.
I. July 15th Airdrop Permanently Ends, All Community Tokens Locked
The AiNO1 global airdrop is about to end completely. The application channel will be permanently closed after July 15th, marking the successful completion of the early community’s original token distribution.
The initial total supply of tokens was 10 billion, which was then deflated to 100 million through multiple mechanisms, ensuring no large holders controlled the supply or there was concentrated selling pressure. All airdropped tokens are circulating within the community and can be used for staking mining, on-chain governance, and ecosystem consumption. Early adopters exclusively enjoy core benefits such as network-wide dividends, priority RWA trading, and priority access to AI computing power.
II. Node Staking Fully Launched, Building a Decentralized Ecosystem Network
Staking for all nodes will be launched simultaneously with the airdrop. Smart contracts will automatically handle block production, liquidation, and cross-chain verification, comprehensively enhancing the security and decentralization of the public chain.
The platform establishes three tiered node types: ordinary, computing power, and RWA governance, suitable for individual users, computing power providers, and institutional participants. Staking users can earn multiple benefits, including gas fees, RWA transaction commissions, cross-chain rewards, and computing power rental revenue sharing. The higher the staking weight and the longer the holding period, the stronger the governance rights.
Simultaneously, a node violation penalty and destruction mechanism will be implemented to continuously reduce the circulating supply, steadily increase the token’s scarcity value, and form a positive cycle of community co-construction, ecosystem empowerment, and token appreciation.

III. Computing Power Mining + Dual Exchange Launch: A Complete Value Loop Forms
The AiNO1 token is the sole settlement token for AI computing power calls, intelligent agent deployment, and task scheduling across the entire network. All AI computing power usage will destroy tokens, giving it inherent deflationary attributes.
The new AI computing power mining function has officially launched. Users can mine for profits by staking tokens and contributing idle GPU computing power. The higher the computing power contribution and the more tasks undertaken, the greater the reward weight. Combined with the continuous feedback from RWA’s real-world industry revenue to the ecosystem, this provides a two-way support for token value.
In late July, the project will be simultaneously launched on leading CEX centralized exchanges and native DEX decentralized exchanges, opening up global circulation channels. The CEX ensures smooth deposits and withdrawals and liquidity, while the DEX features on-chain smart contract custody and automatic burning of transaction fees. Coupled with a full set of compliance risk control and contract auditing, it comprehensively protects asset security.
With this, AiNO1 has completed a full business loop encompassing airdrop distribution, staking mining, secondary market circulation, and continuous ecosystem token burning, fully opening up its global value potential.
IV. Four Core Advantages Supporting Long-Term Stable Development
1. High-performance technical barriers: A layered and sharded architecture supports high-concurrency transactions for AI and RWA, solving the congestion and high transaction fee problems of traditional public chains.
2. Extreme deflationary model: A total supply of tens of billions has been deflated to one hundred million, with continuous token burning across multiple scenarios, and deflationary logic running throughout the entire process.
3. Real-world value anchoring: Deeply linked to trillion-dollar real-world sectors such as RWA real estate, equity, and bills, with real industrial cash flow as a foundation.
4. Full-scenario essential consumption: Continuous token burning for computing power allocation, on-chain governance, cross-chain transactions, and ecosystem consumption eliminates pure speculative bubbles.
This successful airdrop, the launch of staking mining, and the integration with two exchanges mark a crucial leap for AiNO1 from community development to real-world industry application.
Relying on its self-developed technology, extreme deflationary model, and compliant ecosystem, AiNO1 will continue to cultivate the AI computing power and RWA physical tracks, accelerate its global ecosystem layout, and share the era dividends of Web4.0 with all co-builders.
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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