Press Release

NEU The Second Stop Of The Global Brand Event In Moscow

Published

6 years ago

November 17, 2020

On November 15, the second station of the NEU FUND global brand event line opened in Moscow, the Russian capital.

At the press conference of the Moscow Convention and Exhibition Center, June, the marketing director of NEU FUND Greater China, praised Moscow’s historical accumulation and scenic spots. As a city with both tradition and modern charm, the landscape planning is also very beautiful, hidden in a green sea It deserves to be called the “Forest Capital”. At the meeting, June and node leader Hebe signed a strategic cooperation agreement, announcing the establishment of NEU’s second global strategic node in Moscow after Singapore.

In 2019, Moscow was selected as the “Best Tourist City” by the World Tourism Awards. According to a report issued by the Moscow Tourism Capital Committee, about 12.8 million tourists visited Moscow in 2010, and the number of tourists increased to more than 23.5 million in 2018. The number of local tourists increased by nearly 33% over the same period last year. It is worth mentioning that among foreign tourists to Moscow, the number of tourists from China is the largest.

Based on the deep connectivity of the tourism industry between China and Russia, Hebe, the head of the Moscow node, is full of confidence in the progress of NEU FUND in the Russian market. He said that NEU is an ecosystem based on blockchain + finance + pan-tourism, and Russia has been looking for a project where blockchain can truly land. In the end, they chose the tourism industry.

First of all, the tourism industry market has a large volume and radiation area, and it is also an important industrial component of Moscow. According to estimates by authoritative organizations, the total world tourism industry will reach US$9.2 trillion in the next 10 years; secondly, the development of the tourism industry has many problems at the same time, such as information asymmetry, malicious competition, difficulty in big data integration, and cross-border There are many difficulties such as complicated payment.

The use of blockchain technology can solve these problems. In the future, tourists traveling in any country and region in the world can use NEU for payment and transactions. In Russia, Hebe stated that they have signed cooperation agreements with many scenic spots and business ecosystems, which will promote the continuous enrichment of NEU usage scenarios and ecology.

(Hebe, head of NEU FUND Moscow node, signed a contract with China Marketing Director June)

June stated that the global tourism industry has broad market prospects, especially since China, as the world’s second largest economy, has a population of 1.4 billion, and the number of domestic and overseas tourists each year is extremely large.

In 2019, China’s online outbound travel market reached 1.487 billion yuan, a year-on-year increase of 23.7% compared to 2018. With the support of the world’s top investment and financing institutions, NEU Fund actively responded to the policies of the Chinese government, based on blockchain + finance +Pan-tourism, will give full play to its own advantages, continue to integrate advantageous resources, participate in emerging fields such as the Internet of Things, cloud computing, big data, artificial intelligence, digital new infrastructure, and continue to empower various industries to provide a strong force for China’s economic and social development Support.

With the continuous advancement of the global market layout, NEU will lead the new distributed business ecology of the blockchain + pan-tourism industry, create a comfortable and convenient travel experience for billions of people around the world, and continue to empower the development of the global digital economy!

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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

OSL Lists State-Supervised Gold-Backed Stablecoin USDKG as Platform Expands Asia’s Digital Asset Ecosystem

Published

14 hours ago

May 22, 2026

Cloud PR Wire

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

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Press Release

General Compute Launches the First ASIC-Native Neocloud

Published

15 hours ago

May 22, 2026

Cloud PR Wire

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

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Press Release

Post Oak Group Reports Middle Market Emerging as the Strong Segment of 2026 M&A

Published

15 hours ago

May 22, 2026

Cloud PR Wire

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

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