Connect with us

Press Release

AOFEX Establishes Japan Branch to Implement Its Globalization

Published

5 years ago

on

AOFEX has officially established its Japan Branch on September 16, 2021 to start its business in Japan and further develop the market in Asia. To celebrate the establishment of AOFEX’s Japan Branch and express our gratitude to our users, AOFEX gives away 200,000 USDT (Find our more benefits at the end of the article).

Since its launch on September 2nd, the Canadian branch of AOFEX has carried out various digital asset businesses in an orderly manner, deepened its localization strategy, and provided local users with high-quality digital financial services. Up to now, AOFEX has gained the trust and support of more than 50,000 Canadian users. The establishment of the Japan Station is another milestone in the implementation of the “AOFEX Global Strategic Plan”. In the AOFEX business strategy and user expectations, AOFEX will steadily develop upwards and achieve a global layout.

About AOFEX

AOFEX, based in London, the United Kingdom, is a global leading service platform of digital assets with security. Engage in finance and technology for many years, the core staff of AOFEX have provided technology and business consultation services for a large number of financial institution, and accumulated rich experience in risk control and management. AOFEX has introduced the world’s top risk control system of bank securities, adopted underlying security technologies, established an internal supervision and warning system, as well as built a risk reserve mechanism to provide users with a more secure cryptocurrency trading environment.

To follow the mission of “including more people into the digital finance”, and insist on the vision of “being the most influential digital financial platform to provide service for 10 million institutional investors and qualified investors”, AOFEX has received the MSB license for digital currency trading and can provide 24-hour services for 1.7 million users.

AOFEX Development

To promote the leading service of digital assets with security to the world, accurately attract more users, and obtain more digital financial resources. In 2021, AOFEX will further promote the business, fully launch the global strategic plan, and establish more branches in different countries around the world, bringing qualify services to more regions.

The establishment of Japan Branch will provide cryptocurrency services to users in Japan and other Asian regions, which is another localized service after Canada Branch.

Establish branches in more countries/regions

To implement this Plan, AOFEX, based on the service system, cryptocurrency industry, and market demands, strives to offer local services in countries and regions, enriches local blockchain asset exchange service with the guidance of local policies, and provides diverse and comprehensive trading products and quality financial services for global users at the bigger picture.

Provide professional services based on the practical situations in Japan

For cryptocurrency regulation, Japan leads the way. In April 2017, Japan has enacted the Amended Fund Settlement Act on cryptocurrencies. More laws have been implemented, such as the Fund Settlement Implementation Act, Decrees on Cryptocurrency Exchange by the Industry Cabinet Office and other related regulations. At the same time, the Financial Services Agency also issued a number of guidelines and decrees to support the specific implementation of such regulations. To accelerate the application of cryptocurrency, relevant regulations have contributed to the compilation of other laws and regulations, such as the Financial Commodity Exchange Act and the Banking Act. In this case, AOFEX will develop a digital asset service system suitable for the local development based relevant policies.

For asset services, nearly $100 million of digital assets on crypto exchanges in Japan were hacked, triggering panic. AOFEX always values the security. As AOFEX launches its branch in Japan, it will bring safe and reliable services to users and develop local digital finance.

Integrate with the platform’s ecosystems to enhance value

Expanding businesses——OT is a digital asset on ERC20 issued by AOFEX. The application scenarios of OT cover all products and rights and interests on the platform, including but not limited to deducting fees, obtaining airdrop rewards, preferential purchase of hot saving products, bonus rebate, positions and mining, AP integration branch, etc. As AOFEX is growing, its OT businesses are expanding to improve the ecosystem of AOFEX. 

With the business development and layout of AOFEX and growing OT, AOFEX ecosystem will be improved a lot in a short time. Since the establishment of Canada Branch, OT has gone up steadily, with an increase of 159.12% in 30 days, quoting 6.7513 USDT now. As OT goes up steadily and its mechanism is being improved, AOFEX ecosystem will also grow bigger, to contribute to the mutual development.

Expanding Business scope ——OT (Option Token) is a digital asset issued by AOFEX based on ERC20, covering all businesses of the platform in the world. The functions of OT cover all products and rights and interests in the platform, including but not limited to: deducting fees, obtaining air drop awards, preferential purchase of hot financial products, bonus rebate, mining, AP integration branch, etc.

With the development of AOFEX, more abundant business scope of OT will be explored, developing the AOFEX ecology.

。

Well-performed deflation mechanism——To increase the ecological value of OT, the platform will establish a sound deflation mechanism, and adopt the mode of burning before output, where the amount of burning is ≧ the amount of output. After the launch of OT, the circulation volume on the secondary market does not exceed 20% (20 million) of the total amount, until the total amount reaches 20 million. AOFEX exchange uses 20% of profits from transaction fees per month to repurchase OT from secondary markets and burn it. Besides, OT is burnt along with the launch of new projects. Through burning by repurchase and listing, the total amount of OT is decreased to improve its scarcity, provide stable necessities and accelerate the burning schedule, build a complete token economy system, and enable OT and AOFEX ecosystem to appreciate greatly. Until now, AOFEX has destroyed 8,844,820 OT in total.

Diverse features——OT is now used for voting, payment, lockup or holding positions. OT holders can enjoy corresponding rights and benefits, and are supported by AOFEX’s platform value. At the same time, due to the inelastic demand of project parties and comments, OT circulating amount will be reduced to create long-term and stable good situation. With the global strategic plan, AOFEX ecosystem scenarios are gradually implemented and OT will be adopted in all scenarios to empower the eocsystem and create values.

AOFEX’s Benefits

To celebrate the establishment of AOFEX’s Japan Branch and express our gratitude to our users, AOFEX gives away 200,000 USDT.

During the activity, users can go to the Telegram bot via our announcement or other social media platforms and complete the first 4 tasks sent by the bot to obtain 3 USDT, with 50,000 USDT in total. Trade to win 2 USDT, with 50,000 USDT in total. To win more rewards, invite your friends to complete tasks and share 100,000 USDT. The referral is directly proportional to the rewards. 200,000 USDT in total!
Thanks for your long-term support and trust! AOFEX strives to provide you with more secure and better digital assets service.

Participants: All users signed up on AOFEX

Time: 17:00, September 16, 2021 – 17:00, September 23, 2021 (GMT+8)

Entry: Telegram

AOFEX will continue to improve the local development strategy in Japan and insist on providing users with the fastest, safest and most professional digital financial services. At the same time, it will continue to promote the global strategy, build branches around the world, develop customized services and make digital finance benefit the common people.

AOFEX’s social media platforms:

Official website: www.aofex.com

Telegram (English): https://t.me/TheAofex

Twitter 1: https://twitter.com/Aofex2

Twitter 2: https://twitter.com/AOFEXGlobal

Facebook: https://www.facebook.com/profile.php?id=100039575555419

YouTube: https://www.youtube.com/channel/UCWW5jQ9Li17TrZ-P0YfhCgA

Medium: https://medium.com/@aofex

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

See author's posts

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.

Related Topics:
Continue Reading

Press Release

CMS: Class 1 Innovative Drug Silevimig Injection Approved in China, Becoming the World’s First Bispecific Antibody for Passive Immunization Against Rabies

Published

1 hour ago

on

June 23, 2026

By

SHENZHEN, CHINA – China Medical System Holdings Limited (867.HK/8A8.SG) (“CMS”, or the “Group”) is pleased to announce that, the New Drug Application for Silevimig Injection (GR1801, the “Product”), a Class 1 therapeutic biological product has been approved by the National Medical Products Administration of the People’s Republic of China (“NMPA”) and the drug registration certificate was obtained on 22 June 2026. The Product is indicated for passive immunization in adults following rabies virus exposure.

 

Silevimig Injection is the world’s first fully human bispecific antibody targeting dual epitopes of the rabies virus (“RABV”), which is consistent with the recommendations of the World Health Organization (“WHO”) for a “cocktail” therapeutic paradigm. It demonstrates broad neutralization, which can effectively neutralize different viral strains or genotypes of RABV, providing immediate protection. Moreover, it is the passive immunization product with the smallest dose for rabies, resulting in less injection volume and easier administration, which can effectively reduce patient pain and improve compliance. In addition, the Product can be manufactured at scale with standardized processes and controlled production cost, and also carries no risks of blood-borne infections, low immunogenicity, and minimal interference with vaccine-induced active immunization. The market for rabies passive immunization is substantial, yet existing passive immunization products are constrained by low market penetration and limitations in safety and accessibility. The approval of the Product will provide a new treatment option for patients requiring urgent post-exposure management against rabies in China.

 

The approval of Silevimig Injection expands the Group’s commercialized innovative drug portfolio to 8 products, with 6 more innovative drugs under marketing review and approximately 20 projects advancing clinical development, further strengthening a tiered innovation pipeline. As of now, CMS’s innovation transformation strategy has fully entered the value-harvesting phase. Leveraging the Group’s existing expert network and market resources, the commercialization rollout of Silevimig Injection is expected to proceed steadily providing sustained momentum to the Group’s performance growth.

 

About Rabies

Rabies is an acute zoonotic disease caused by RABV, clinically characterized by aerophobia, hydrophobia, pharyngeal muscle spasms, and progressive paralysis[1], with a case-fatality rate approaching 100%. At present, there is no proven treatment for rabies once clinical symptoms appear. Standardized post-exposure management, comprising wound care, vaccination, and passive immunization administered as needed, remains the most effective strategy[2]. As vaccine-induced antibodies require 1-2 weeks after the first dose of vaccine injection to reach protective levels, passive immunization provides immediate coverage[1]. According to the National Technical Guidelines for the Rabies Exposure Prophylaxis (2023 Edition), patients with Category III exposure and those with Category II exposure involving severe immunodeficiency should receive passive immunization at the same time as the first dose of rabies vaccine[3]. In China, more than 40 million people are exposed to rabies annually, of whom approximately 40% fall under Category III exposure[1]. However, due to factors such as limited awareness, high cost, and restricted accessibility, only about 15% of Category III cases receive passive immunization[1]. Currently, the primary approved passive immunization option in China is human rabies immune globulin (“HRIG”). However, HRIG must be sourced from healthy donors, making it difficult and costly to obtain. Furthermore, it carries potential risks of blood-borne infections. This has led to a low penetration rate of passive immunization products in China.

 

More information about Silevimig Injection

Silevimig Injection is a recombinant, fully human bispecific antibody against rabies virus. It targets the viral envelope glycoprotein (G protein) of RABV and blocks its interaction with host receptors by binding to epitopes I and III. Through this mechanism, Silevimig Injection specifically neutralizes the RABV prior to the establishment of full protection by active rabies vaccination.

 

In a Phase III clinical trial in adults, the Product met its primary efficacy endpoint, demonstrating non-inferior protective efficacy compared with HRIG, the currently most used passive immunization product in China. The study confirmed that the Product provides immediate protection during the early stages of rabies virus exposure without compromising the active immune response induced by vaccination. In addition, a Phase III clinical trial in children and adolescents aged 2 to <18 years is currently ongoing in China. The Product has been granted a patent in China.

 

In September 2025, the Group through subsidiaries of the Company entered into an Exclusive Collaboration Agreement (the “Agreement”) with Chongqing Genrix Biopharmaceutical Co., Ltd.. In accordance with the Agreement, the Group has obtained exclusive commercialization rights for the Product in mainland China and exclusive licensing rights for the rest of the Asia-Pacific region, the Middle East and North Africa. The collaboration term extends until ten years after the Product receives the marketing approval in Mainland China (the “Initial Term for the Product”). Unless terminated or dissolved under the terms set forth in the Agreement, the Agreement will automatically renew for successive ten-year periods upon expiration of the Initial Term for the Product.

 

About CMS

CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.

 

CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.

 

CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the cardiovascular-kidney-metabolic/gastroenterology/ophthalmology/skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development of the Group.

 

Reference:

1. Chinese Center for Disease Control and Prevention. Technical Guidelines for Human Rabies Prevention and Control (2016). https://www.chinacdc.cn/jkyj/crb2/yl/kqb/jswj_kqb/202409/P020240906525420231910.pdf

2. Yin Wenwu, Wang Chuanlin, et al. Expert consensus on rabies exposure prophylaxis[J]. Chinese Journal of Preventive Medicine, 2019,53(7): 668-679. DOI:10.3760/cma.j.issn.0253-9624.2019.07.004

3. Chinese Center for Disease Control and Prevention. The National Regulation for the Rabies Exposure Prophylaxis (2023 Edition). https://www.chinacdc.cn/jkyj/crb2/yl/kqb/jswj_kqb/202409/P020240906525421817465.pdf

 

CMS Disclaimer and Forward-Looking Statements

This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.

 

This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.

 

Media Contact

Brand: China Medical System Holdings Ltd.

Contact: CMS Investor Relations

Email: ir@cms.net.cn

Website: https://web.cms.net.cn/en/home/

 

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

The Pool Factory Strengthens Its Position as a Leading U.S. Provider of Above Ground Pools and Outdoor Living Products

Published

2 hours ago

on

June 23, 2026

By

  • Nationwide Expansion of Product Selection, Customer Support, and Online Shopping Experience Reinforces The Pool Factory’s Standing as America’s Above Ground Pool Experts™

EDISON, N.J., Jun 23, 2026, ZEX PR WIRE — The Pool Factory, one of the nation’s most recognized online retailers of above ground pools and outdoor living products, continues to strengthen its position as a leading provider of residential swimming pool solutions for homeowners throughout the United States. The company offers above ground pools for sale nationwide as part of its expanding product availability, customer support infrastructure, and online shopping experience designed to meet growing consumer demand.

Customers looking to buy an above ground pool can explore a wide selection of products, accessories, and complete pool packages through The Pool Factory’s online platform, which serves homeowners across all 50 states. The company’s continued expansion reflects its commitment to making pool ownership more accessible, convenient, and supported through reliable service and product availability.

Serving customers nationwide, The Pool Factory has earned a reputation for making pool ownership more accessible, affordable, and enjoyable. Through its extensive inventory of premium pool products and accessories, the company helps families transform backyards into recreational spaces designed for relaxation, entertainment, and lasting memories.

As consumer demand for outdoor living enhancements continues to grow, The Pool Factory remains focused on delivering a comprehensive selection of products that simplify the process of purchasing, installing, and maintaining an above ground pool. Homeowners seeking an above ground pool for sale can choose from steel, resin, and hybrid models designed to suit different backyard sizes, budgets, and design preferences. The company’s continued growth reflects both its dedication to customer satisfaction and its ability to meet the evolving needs of homeowners across the country.

Extensive Selection of Above Ground Pools and Backyard Products

One of the key factors behind The Pool Factory’s success is its broad selection of above ground pools for sale. The company offers an extensive range of premium steel, hybrid, and resin pool models designed to accommodate various backyard sizes, budgets, and aesthetic preferences.

Customers seeking to buy an above ground pool can choose from multiple configurations and sizes while benefiting from detailed product information and online resources that support informed purchasing decisions. In addition to complete pool packages, The Pool Factory provides a comprehensive selection of liners, pumps, filtration systems, ladders, maintenance equipment, and other essential accessories needed for long-term pool ownership.

The company’s website is designed to simplify product selection, enabling customers to easily identify the products and accessories that best meet their needs. By offering one of the largest online inventories in the industry, The Pool Factory continues to provide homeowners with convenient access to high-quality products delivered directly to their homes.

As more consumers research the best above ground pools before making purchasing decisions, The Pool Factory remains committed to offering durable, reliable products sourced from respected manufacturers known for quality construction and long-term performance.

Delivering a Customer-Centered Online Buying Experience

The Pool Factory’s growth has been driven not only by its product selection but also by its focus on customer experience. The company has invested significantly in creating an online shopping platform that makes it easy for customers to browse products, compare options, and buy above ground pools with confidence.

Customers frequently cite the company’s user-friendly website, responsive support team, and transparent purchasing process as important factors in their decision to choose The Pool Factory. From initial product research through final delivery, the company strives to provide a smooth and efficient customer journey.

The Pool Factory’s support team assists customers with product selection, installation guidance, maintenance recommendations, and post-purchase questions. This commitment to service helps ensure that customers receive the information they need throughout every stage of pool ownership.

For many homeowners looking to buy above ground pool online, access to knowledgeable support can be just as important as product availability. The Pool Factory has built its reputation by combining a broad inventory with personalized assistance that helps customers make informed decisions based on their unique backyard requirements.

Fast and secure shipping further enhances the customer experience, allowing homeowners across the United States to receive products efficiently and begin their outdoor projects without unnecessary delays.

Building Trust Through Quality, Value, and Customer Satisfaction

The Pool Factory’s reputation continues to grow through positive customer experiences and repeat business. Thousands of verified customer reviews reflect the company’s commitment to quality products, competitive pricing, and dependable service.

Many customers highlight the durability of the pools offered by The Pool Factory, along with the value provided through comprehensive pool packages and accessory options. Easy-to-follow installation guidance has also become a distinguishing feature, helping homeowners successfully complete pool projects with greater confidence.

The company’s dedication to transparency and customer satisfaction has contributed to its position as a trusted source for above ground pools nationwide. As consumers increasingly rely on online reviews and recommendations when evaluating pool retailers, The Pool Factory continues to benefit from strong customer advocacy and word-of-mouth referrals.

The company’s ability to consistently deliver quality products and dependable service has helped establish long-term relationships with customers who return for accessories, replacement parts, maintenance supplies, and future pool upgrades.

This ongoing commitment to excellence supports The Pool Factory’s broader mission of helping homeowners create outdoor environments that encourage recreation, family gatherings, and memorable experiences.

Continuing to Lead the Above Ground Pool Industry

As the market for residential outdoor living products continues to evolve, The Pool Factory remains focused on innovation, customer service, and product availability. The company’s continued investment in its online platform, inventory selection, and customer support infrastructure positions it to meet growing demand from homeowners nationwide.

Whether customers are purchasing their first above ground pool, upgrading an existing setup, or seeking accessories to enhance their backyard experience, The Pool Factory provides the products, expertise, and support needed to achieve their goals.

By offering one of the industry’s most comprehensive selections of above ground pools for sale, maintaining competitive pricing, and delivering an exceptional customer experience, The Pool Factory continues to strengthen its leadership position within the marketplace.

As America’s Above Ground Pool Experts™, the company remains dedicated to helping families across the United States enjoy the benefits of pool ownership through quality products, dependable service, and a commitment to customer success.

About The Pool Factory

The Pool Factory is one of the United States’ leading online retailers of above ground pools and outdoor living products. Serving customers nationwide, the company offers an extensive selection of steel, hybrid, and resin above ground pools, along with liners, pumps, filters, ladders, maintenance equipment, and related accessories. Known for quality products, competitive pricing, responsive customer service, and fast shipping, The Pool Factory continues to help homeowners create enjoyable backyard experiences through reliable pool solutions.

Contact Information
The Pool Factory
America’s Above Ground Pool Experts™
Edison, New Jersey
Website: https://www.thepoolfactory.com/

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

Press Release

Sui News: Cumberland, Fluid, and SwissBorg Join Institutional Coalition on Hashi Ahead of July Global Testnet

Published

2 hours ago

on

June 23, 2026

By

Grand Cayman, Cayman Islands, June 23rd, 2026, Chainwire

Sui aims to transition more of Bitcoin’s $1.2T market cap into verifiable, productive onchain products.

Hashi, Sui’s native bitcoin finance primitive, gains more institutional support ahead of the scheduled launch of its global testnet this July.  

Sui, where money moves as freely as messages, announced today that Cumberland, Fluid, and SwissBorg have joined the Hashi ecosystem, Sui’s native bitcoin finance primitive, weeks ahead of its scheduled global testnet launch this July. The expanding coalition addresses a critical bottleneck in crypto: solving the persistent capital inefficiency by unlocking over a trillion dollars of immobile BTC into DeFi safely. 

Previous market cycles demonstrated the systemic dangers of relying on opaque, centralized credit intermediaries such as Celsius, Voyager, and Genesis to generate utility from dormant assets. Hashi replaces centralized balance-sheet trust with verifiable smart contract logic.

But with a strict separation for safety by design, Bitcoin remains securely on the native Bitcoin blockchain. Sui smart contracts handle the cryptographic and programmatic rights to enable its use as financial collateral.

“Hashi was built to unlock the productive use of Bitcoin at a scale the industry hasn’t seen before,” Adeniyi Abiodun, Co-Founder and Chief Product Officer of Mysten Labs, the original contributor to Sui. “We believe Bitcoin will become one of the largest sources of collateral in finance as the world moves onchain, and Hashi provides the foundation to make that possible on Sui.”

Built for Institutional Bitcoin Finance

Hashi is a foundational primitive setting a new standard for how builders can create bespoke, Bitcoin-backed financial products with risk parameters and loan terms that are fully verifiable onchain. In just a few weeks’ time, institutions, custodians, wallet providers, and developers can begin freely testing the infrastructure that will support Bitcoin-backed lending, borrowing, and credit origination on Sui. 

Expanded Institutional Support

Three new powerhouses join the growing Hashi ecosystem, broadening support for institutional liquidity providers, market makers, and digital asset platforms:

  • Cumberland: One of the digital asset industry’s largest institutional market makers, Cumberland joins the Hashi ecosystem to evaluate the protocol’s structural frameworks and prepare for eventual onchain liquidity provisioning.
  • SwissBorg: A European wealth management app with over one million users, is exploring opportunities to connect its network of European high-net-worth Bitcoin holders and liquidity providers to Hashi, creating new pathways for Bitcoin-backed borrowing and lending.
  • Fluid: A major DeFi lending protocol with a strong record of efficient, safe trades, is now building in preparation for mainnet institutional services. Fluid’s participation would provide institutional-grade lending markets and deepen access to Bitcoin-backed credit on Sui.

These new builders join an industry-leading group of infrastructure providers, custodians, and DeFi protocols already working together to build a native Bitcoin financial ecosystem on Sui.

“Bitcoin is the world’s most liquid digital asset, but without native utility, it remains an off-chain asset,” said Paul Kremsky, Global Head of Business Development at Cumberland. “Hashi is exciting because it introduces a transparent, institutional-grade framework for BTC-backed credit that will replace synthetic workarounds with a product we are excited to use ourselves.”

“Our community has consistently sought native ways to lend and borrow against their Bitcoin,” said Cyrus Fazel, Founder & CEO at SwissBorg. “We’re thrilled to see Hashi delivering innovative solutions that make this a reality.”

“The next phase of the industry’s growth will come from bringing larger pools of capital onchain through infrastructure institutions can actually trust,” said Samyak Jain, Co-Founder & CEO at Fluid. “Hashi gets this right: Bitcoin stays on its native chain while verifiable contracts make it productive as collateral. Fluid’s lending infrastructure is built to turn that into deep, capital-efficient Bitcoin-backed credit markets on Sui.”

These additions expand the growing consensus of many partners announced earlier this year that Sui is where Bitcoin finance will take flight, thanks to Hashi:

Custody & Wallet Access 

  • BitGo: Institutional custody clients.
  • Blockdaemon, Cobo, Fordefi (by Paxos): Institutional wallet and infrastructure providers.
  • Cubist: Cross-chain collateral infrastructure and transfer engine.
  • Ledger: Retail/institutional self-custody.
  • SwissBorg: UHNW European retail/institutional asset management and wallet interface.

Lending, Trading & Liquidity Providers

  • Bullish: Institutional digital asset platform supplying liquidity.
  • Cumberland: Leading institutional crypto market maker and liquidity provider.
  • Erebor: OCC-chartered bank providing liquidity.
  • FalconX: Institutional prime brokerage supplying liquidity.

DeFi & Lending Applications

  • AlphaLend, Bluefin, Current, Scallop, Suilend: Native DeFi protocols enabling retail lending and borrowing on day one.
  • Fluid: Connecting lending, borrowing, liquidity and more financial products into a capital-efficient system. 
  • Navi: One of Sui’s largest and longest running DeFi protocols slated for Hashi lending. 

Vaults & Asset Management

  • Concrete by Blueprint Finance: Yield-infrastructure vault platform.
  • Inveniam Capital: Real-World Asset (RWA) yield strategies.
  • Wave Digital Assets LLC: SEC-registered investment adviser working with industry partners to facilitate the issuance of Bitcoin-collateralized bonds.

Index Oracle, Insurance & Security Auditing

  • CF Benchmarks: Crypto index provider distributing pricing data via oracles.
  • Soter Insure: Native, Bitcoin-denominated institutional insurance.
  • Asymptotic, Certora, OtterSec: Smart contract security and formal verification auditors.

The activation of the global testnet this July represents the ultimate rehearsal for fully changing Bitcoin Finance. This sandbox environment is designed for institutional engineers, Sui protocols and developers, and custody partners to test integration parameters, stress-test the code under simulated market volatility, and verify cryptographic integrity ahead of mainnet release.

Technical documentation and testnet access configurations will be hosted at https://www.sui.io/hashi. 

About Sui

Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io. 

Contact: media@sui.io

Contact

Sui Foundation
media@sui.io

About Author

Cloud PR Wire

See author's posts

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.

Continue Reading

LATEST POST

Like Us
Follow Us
Subscribe Us
Follow Us