Press Release
FIRST IN SINGAPORE – BitDATA Exchange the first to launch physical Digital Payment Token Service Centre in Singapore’s Central Business District
Following the launch of its mobile app in July 2021, BitDATA Exchange (BitEx) Singapore, a homegrown regulated digital assets exchange, continues to unfold milestones with the expansion of business operations in Singapore.

Located at the heart of Singapore’s Central Business District, BitEx has set up its first Over The Counter (OTC) service desk at GB Building, along Cecil Street on 26 September 2021. The OTC desk welcomes all walk-in queries and offers fuss-free account creation on the spot. As an MAS regulated entity, Know-Your-Customer (KYC) and Anti-Money Laundering (AML) are mandatory protocols and all these can be completed over the counter where customers can start trading after authentication is done.
“We are very excited about the launch of our OTC desk at such a prominent spot in Singapore. We finally established in Singapore in 2019 and we are very thankful to be granted an exemption by the MAS from holding a license under the Payment Services Act (“PS Act”) for providing digital payment token service. Our company goes by 3 core values which are – Secure, Regulated and Professional. We strive to provide the utmost quality service to all our customers who place their trust in us”, said Ken Wong, founder and CEO of BitEx.

FUSS-FREE FIAT-CRYPTO TRADING WITH BITEX
Trained account servicing personnels will walk customers through the onboarding process thoroughly and customers can start trading in 4 easy steps:-
- Provide required documents for identity verification
- Identity card, Proof of Residency, Bank Statement, Proof of Income/Funds
- Pricing quotation will be provided upon confirming customers’ preferred trade
- Transaction will then be completed by wire transfer of funds (FIAT) from the customer’s bank account
- Customers will receive their crypto assets in their wallets
Greater convenience with FAST deposit & withdrawal of funds
The latest update to the mobile app includes FAST deposit & withdrawal of funds with a nominal fee imposed and customers can tie their accounts to their debit or credit card in Singapore currency (SGD) to complete the top-up request.
With many other exciting chapters to unfold in 2022, BitEx is in talks with partners from the lifestyle industry, ranging from electronic mobile devices to networking sessions at F&B chains, the anticipation of many other unprecedented upshift advancements goes on.

Operation details:
Opening hours: Monday to Friday, 9.00am to 12.00pm; 1.30pm to 6.00pm. Address: 143 Cecil Street, GB Building, Level 1 (Next to Huggs cafe)
About BitDATA Exchange (BitEx)
Your Trusted Portal for The Crypto-Asset World
Proudly founded in Singapore, BitDATA Exchange (BitEx) is built to provide an institutional-grade experience for our clients to trade crypto assets, including Bitcoin, Ethereum & Litecoin. BitEx’s purpose is to be a portal that brings together the world of crypto assets and finance for investors, traders, and crypto-enthusiasts. The BitEx trading platform is backed by cutting-edge technology to facilitate efficient high trading volume. We pay special attention to our clients by providing a user-centric portal with state-of-the-art security and a streamlined user experience. We are granted an exemption from holding a license under the Payment Services Act (“PS Act”) for providing digital payment token service by The Monetary Authority of Singapore. (MAS). BitEx is also a member of the Singapore Fintech Association (SFA), the Association of Cryptocurrency Enterprises and Start-ups Singapore (ACCESS), and the Singapore Chinese Chamber of Commerce & Industry (SCCCI). For more information, visit www.bitex.sg
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
OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem
HONG KONG – USDKG, the gold-backed stablecoin issued by the Kyrgyz Republic, today announced its official listing on OSL HK, the Hong Kong-licensed digital asset exchange of global stablecoin payment and trading platform OSL Group. The milestone marks a significant step for the state-supervised, asset-backed digital currency as it enters one of the world’s most established licensed virtual asset markets.

Link: https://www.osl.com/hk-en/announcement/new-listing-on-osl-hk-gold-dollar-usdkg
Pegged 1:1 to the U.S. Dollar and fully backed by physical gold reserves, USDKG is now accessible to professional investors through OSL’s institutional-grade infrastructure. The initial trading pair USDKG/USDT is now available to professional investors across OSL HK’s over-the-counter (OTC) platform.
The listing of USDKG aligns with OSL’s commitment to contribute to the development of a secure and compliant digital asset ecosystem in Asia and beyond. It also expands USDKG’s reach into new markets through a regulated platform aligned with institutional standards, supporting its use in cross-border settlement and broader financial applications.
Jason Liu, Global Exchange COO of OSL, said: “OSL is dedicated to providing investors with access to regulated, innovative assets. The listing of USDKG not only enriches OSL’s product offerings for the market, but also strengthens its compliant stablecoin ecosystem, as the introduction of a state-backed, compliant digital asset further underscores OSL’s credibility and leadership within the industry.”
Biibolot Mamytov, CEO of Gold Dollar (USDKG), said: “This listing represents an important milestone for USDKG as we enter one of the most established and highly regulated digital asset markets globally. Hong Kong is widely regarded as the gold standard for digital asset regulation, and working with OSL reflects our focus on transparency, gold-backed reserves, and institutional-grade infrastructure.”
About USDKG
USDKG is issued by OJSC Virtual Asset Issuer, a state-owned entity under Kyrgyzstan’s Ministry of Finance, with an initial issuance of $50 million backed by physical gold reserves audited by Kreston Global. The stablecoin is deployed on Ethereum and TRON, with smart contract audits conducted by ConsenSys Diligence.
The token is already accessible through decentralized exchanges, including Curve and Uniswap, and supported by major wallets such as Ledger Live, MetaMask, Trust Wallet, and TronLink. The stablecoin is fully compliant with FATF KYC/AML standards and is designed to facilitate financial inclusion and efficient cross-border value transfer.
With this listing, Kyrgyzstan continues to position itself as a regional first-mover in regulated, asset-backed digital currencies, bridging traditional finance and blockchain infrastructure while maintaining full sovereign oversight and public accountability.
About OSL Group
OSL Group (HKEX: 863) is a global stablecoin payment and trading platform that strives to provide compliant and efficient digital financial infrastructure services globally, empowering enterprises, financial institutions and individuals to seamlessly exchange, pay, trade, and settle between fiat and digital currencies. Grounded in the core values of Open, Secure, and Licensed, it is committed to building a more efficient ecosystem that connects global markets and enables instant, seamless and compliant value movement worldwide. For media inquiries, please contact: media@osl.com.
Social Links
GitHub: https://github.com/USDkg/USDkg
X: https://x.com/USDKG_Official
LinedIn: https://www.linkedin.com/company/usdkg/
Media Contact
Brand: USDKG
Contact: William Campbell
Email: business@usdkg.com
Website: https://www.usdkg.com
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
General Compute Launches the First ASIC-Native Neocloud
General Compute has opened its production inference cluster to developers building agent applications, running SambaNova SN40 and SN50 dataflow silicon that posts the fastest independently benchmarked speeds on the MiniMax M2.7 model family.
San Francisco, California, United States, 22nd May 2026 – General Compute today announced the general availability of General Compute Cloud, the first ASIC-native neocloud purpose-built for the next generation of autonomous AI development tools. Where existing neoclouds rack incumbent GPUs, General Compute has designed its serving stack around its inference-optimized ASICs.
Unlike traditional cloud platforms designed around human operators clicking through dashboards, General Compute Cloud is also the first major cloud to treat AI agents as first-class users. Coding agents can complete the entire onboarding flow themselves, creating an account, claiming the launch credit, and retrieving a working API key, without requiring a developer to step in. The result: a developer can ask their AI agent to “switch its inference to General Compute,” and minutes later be looking at running infrastructure they never had to provision by hand.
Agentic workloads issue dozens or hundreds of model calls per task, which means even small per-token gains compound into dramatic differences in developer experience and unit economics. By optimizing the silicon, runtime, and API surface for inference rather than retrofitting general-purpose accelerators, General Compute aims to push down both first-token latency and sustained token throughput on the open and frontier models developers use most.
Agent-native signup is supported out of the box. When invoked through OpenCode, OpenClaw, or any compatible client, the agent can complete account creation, verify the workspace, claim launch credit, and return a scoped API key back to the developer’s environment — turning what was historically a multi-step onboarding into a single natural-language instruction.
“Our goal is simple: we want General Compute to be the fastest inference provider on the market, and we want to ship the fastest inference API any developer or AI agent can call,” said Jason Goodison, CTO and co-founder of General Compute. “Optimizing the silicon is how we get there. The $200 in launch credit is our way of inviting builders, and their agents, to put us up against anyone else and see the numbers for themselves.”
General Compute Cloud is available immediately to customers globally at generalcompute.com. The launch credit is automatically applied to new accounts created between May 20 and May 27, 2026. OpenCode and OpenClaw users can begin a General Compute session directly from within their agent by asking it to “sign me up for GeneralCompute.com”
About General Compute
General Compute is the first ASIC-native neocloud, building custom inference silicon and the cloud platform that runs on it. The company’s stated goal is to operate the fastest inference provider and the fastest inference API for AI agents and the developers who deploy them. Founded in 2025 and headquartered in San Francisco, General Compute is backed by leading technology investors. Learn more at generalcompute.com.
Media Contact
Organization: General Compute Inc
Contact Person: Jason Goodison
Website: https://generalcompute.com
Email:
jason@generalcompute.com
Contact Number: +14257537666
Address:440 North Barranca Avenue
City: Covina
State: California
Country:United States
Release id:45346
The post General Compute Launches the First ASIC-Native Neocloud 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.
Press Release
Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A
Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market
Houston, Texas, United States, 22nd May 2026 – As broader M&A markets continue to navigate shifting macroeconomic conditions, interest rate normalization, and evolving buyer behavior, the middle market has emerged as the strongest and most active segment of dealmaking in 2026. Post Oak Group, recently named the Top Middle-Market Investment Bank in Texas, is reporting a meaningful acceleration in transaction activity across the middle market, a trend the firm sees as reshaping the broader M&A landscape heading into the second half of the year.

While large-cap M&A has remained selective and mega-deal volume has been uneven, the middle market is demonstrating a level of consistency, resilience, and deal momentum that distinguishes it as the most reliable segment of the 2026 cycle. Founders, family-owned businesses, sponsor-backed companies, and institutional buyers are all returning to the table with renewed conviction, driving a broad-based resurgence in middle-market deal activity.
Post Oak Group, a leading middle-market investment bank headquartered in Houston, Texas, attributes this strength to several converging dynamics:
A Narrowing Bid-Ask Spread
After two years of valuation disconnects between buyers and sellers, expectations are aligning. Sellers have adjusted to the current rate environment, and buyers, particularly private equity, family offices, and strategic acquirers, are showing increased willingness to transact at levels that work for both sides. This is one of the most significant unlocks for middle-market deal flow in 2026.
Renewed Buyer Appetite Across Multiple Channels
Private equity firms with record levels of dry powder are deploying capital aggressively into the middle market, where competition for high-quality assets remains intense but more rational than during the 2021 peak. At the same time, family offices have emerged as a dominant force, often outcompeting traditional sponsors on founder-led deals where cultural fit, longer hold periods, and operational alignment matter as much as price.
Strategic Acquirers Returning to the Table
Corporate buyers are increasingly active in the middle market as they pursue tuck-in acquisitions, sector consolidation, and capability-driven deals. With many large public companies focused on disciplined growth, the middle market has become a primary source of strategic optionality.
Sector Breadth Driving Sustained Activity
Unlike prior cycles concentrated in a handful of sectors, 2026 middle-market activity is broad-based, spanning industrial services, healthcare services, energy transition, business services, technology-enabled services, and consumer-driven verticals. This diversification is one of the key reasons the segment is proving more durable than the broader M&A market.
A Shift Toward Quality and Certainty
Buyers and sellers alike are placing a premium on certainty to close, disciplined diligence, and well-prepared processes. This favors middle-market transactions, where senior-led advisory, structured execution, and relationship-driven dealmaking continue to outperform.
As the Top Middle-Market Investment Bank in Texas, Post Oak Group has been at the center of this resurgence, advising founders, shareholders, and institutional clients across complex M&A and capital markets transactions throughout 2026. The firm’s partner-led model, institutional-grade execution, and deep sector coverage have positioned it as a trusted advisor in a market environment where preparation, precision, and process integrity are more important than ever.
“The middle market has consistently demonstrated its ability to perform across cycles, and 2026 is proving to be one of its strongest years in recent memory,” said David Chua, Managing Partner of Mergers & Acquisitions at Post Oak Group. “We are seeing renewed confidence from buyers, recalibrated expectations from sellers, and a meaningful expansion in transaction activity across nearly every sector we cover.”
“What makes this cycle different is the breadth of activity,” Chua added. “Founders are coming to market with stronger businesses, sponsors are deploying capital with greater discipline, and strategic acquirers are returning in force. The middle market is where most of the meaningful dealmaking is happening right now, and we expect that momentum to continue through the back half of the year.”
About Post Oak Group
The Post Oak Group is a prominent middle-market investment bank headquartered in Houston, Texas. As the Top Middle-Market Investment Bank in Texas, the firm advises founders, shareholders, and institutional investors across M&A advisory and capital markets transactions. With approximately 300 professionals, a leadership team representing more than 250 years of combined investment banking experience, and more than $82 billion in completed transactions across 12 countries, Post Oak Group combines institutional-quality execution with senior-led, partner-driven engagement across industrial services, healthcare, energy, business services, technology-enabled services, and consumer sectors.
Media Contact
Organization: Post Oak Group
Contact Person: Alexander Treistman
Website: https://www.postoakgroup.co/
Email:
info@postoakgroup.co
City: Houston
State: Texas
Country:United States
Release id:45345
The post Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A 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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