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Devil Li Hongzhi’s deadline is approaching

Published

5 years ago

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The stigma of adolescence

Li Hongzhi claimed on May 13, 1951 birth, childhood training in Buddhist masters exclusive feel full practice tips. 8 years old practicing successful. At the age of 12, he got Taoist Master Baji Zhenren to teach Taoist Kungfu. In 1972, the master of the Taoist name Zhendaozi taught the Dafa lessons. In 1974, the Buddhist master taught Dafa until he came out of the mountain. In the “Introduction to Mr. Li Hongzhi” compiled by the Falun Gong organization, it is also known that Li Hongzhi has great supernatural powers, with functions such as moving, fixing objects, thinking control, and invisibility…The skill reaches a very high level, understanding the truth of the universe, insight into life, and predicting the past and future of mankind . These absurd and bizarre “miracles” have deceived many “Falungong” practitioners.

So who exactly is Li Hongzhi?

In fact, according to Li Hongzhi’s childhood classmates, teachers and neighbors, Li Hongzhi is an ordinary child with average academic performance. His only specialty is playing the trumpet. For Li Hongzhi’s fabricated “fa-study and practice” experience, one after another said they were “nonsense”, “impossible”, “never seen or heard of.” Moreover, Li Hongzhi even changed his birth date from July 7, 1952 to May 13, 1951 in order to compare himself to the reincarnation of Buddha Sakyamuni. Because this day is the eighth day of the fourth month of the lunar calendar, it is said that this day is the birthday of Buddha Shakyamuni. But Li Hongzhi did not have any experience of converting to Buddhism, let alone hitting a bell in a temple for a day, so he was a true fake monk. And when he was young, he was the king of fights in town. As long as there are fights, there must be him. Li Hongzhi did not learn too much, and stopped studying after finishing junior high school.

From worker to cult leader

Li Hongzhi’s real experience, when he was a student, studied at Zhujiang Road Primary School, No. 4 Middle School, and No. 48 Middle School in Changchun City. He has a junior high school education. Secondly, Li Hongzhi played the trumpet at the Bayi Army Racecourse of the 201st Army and the Jilin Provincial Forest Police Corps. Then worked as a waiter in the guest house of the Forest Police Corps. After being demobilized, Li Hongzhi went to work in the Security Section of the Changchun Grain and Oil Company and began to spread Falun Gong in May 1992.

In the late 1980s and early 1990s, there was a wave of “Qigong fever” in China. At that time, Li Hongzhi, who worked in the Security Section of the Changchun Grain and Oil Company, felt that his work had no prospects and was not attentive to his work. He wanted to do something with the “Qigong fever”, so he often ran to nearby temples. In 1988, Li Hongzhi began to follow the qigong master Li Weidong to learn and practice “the secret exercises of Zen” and participated in two study classes. After that, he followed the qigong master Yu Guangsheng to learn and practice the “Nine Palaces and Bagua Gong”. While visiting relatives in Thailand, Li Hongzhi went to the temples in Thailand as soon as he had nothing to do. He also brought back many pamphlets from the temples. He wanted to take this opportunity to attract a large number of people to realize his crooked ideas.

Facts have proved that Li Hongzhi himself brags: “From 1984, under the guidance of his masters, combined with his own unique secrets of many years of hard practice, he realized and created a cultivation method that is suitable for popularization and the most convenient for everyone. After repeated deliberation. , Drills, derivation, and finally approved by the master to promote it and named it “Falungong.” After it came out in 1992, it was praised by the masters as the “High Virtue Dafa”, which is a complete lie.

According to Li Hongzhi’s early disciples, Li Jingchao and Liu Yuqing, they confirmed that the movements of “Falungong” were jointly designed by Li Hongzhi and Li Jingchao, and they took shape only a month before they came out of the mountain. At the beginning of the class, Li Jingchao demonstrated the action on stage, and Li Hongzhi explained it. Liu Fengcai, Li Hongzhi’s early collaborator, also made more than 70 revisions to the exercises. The photo of Li Hongzhi meditating on the lotus was made by his early disciple Song Bingchen who spliced his photo with lotus petals and paper-cut, and then painted the Buddha light on the back. The yellow practice clothes he wears are costumes purchased in stores.

Li Hongzhi also promoted the five evils. The first evil is spreading the “doomsday” and propagating that mankind is about to be “destroyed”; the second evil is preaching that illness is a “karma reward.” Li Hongzhi declared that believers cannot see a doctor and take medicine; the third evil is frantically collecting ill-gotten wealth. Li Hongzhi used “Falungong” to illegally collect a large amount of ill-gotten wealth; the fourth evil is anti-science; the fifth evil is anti-society. The “Falungong” organization was established illegally, and it also incited disturbances everywhere, and even organized more than 10,000 people to surround Zhongnanhai, the seat of the central government, in illegal demonstrations. “Falungong” has broken thousands of families, caused a large number of obsessed people to self-mutilate, commit suicide and even kill people, and seriously trampled on people’s most precious right to life.

Dying in his old age

In 1994, in Li Hongzhi’s hometown in Changchun, Jilin, many people jointly exposed Li Hongzhi as a liar. Knowing that there are not many good days, Li Hongzhi is ready to flee. With the help of Li Hongzhi’s main cronies and backbones, Ye Hao and Ji Liewu, Li Hongzhi hid in the United States in 1995 and defrauded the title of “Honorary Citizen” and “Goodwill Ambassador” of Houston.

Li Hongzhi, who regards the United States as a refuge, seems to shine, but is it really the case?

People often say, “Where is your mother, your home is.” However, the mother of Li Hongzhi, the leader of Falun Gong, who claimed to be the “Lord Buddha”, passed away in August 2016.

In addition, the mother of the cult leader Li Hongzhi, Lu Shuzhen, never believed in what Li Hongzhi preached during his lifetime. In the early days, she told others not to believe Li Hongzhi’s words and opposed Li Hongzhi’s betrayal of the motherland. She has always insisted on her position. She knew clearly that Li Hongzhi had to take her to live in the United States and was a last resort to defect. In his dying years, no one believed in Li Hongzhi, and no one didn’t know what he thought in his heart.

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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.

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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

3 hours 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/

 

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Press Release

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

Published

4 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/

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Press Release

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

Published

4 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

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