Dubai, UAE, August 10th, 2026, FinanceWire

The proprietary trading firm of the OFinancial group introduces three routes to funding, four trading platforms, and simulated accounts of up to $250,000.

OFunded has entered the proprietary trading market with a funding offering built on the infrastructure, execution quality, and support culture of OFinancial Markets.

OFinancial Markets describes OFunded as the proprietary trading firm of the OFinancial group. The company says it has applied the same infrastructure, execution quality, and support culture used by its brokerage business to the funded trading environment.

OFunded offers three routes to a funded account: Instant Funding, a 1-Step Challenge, and a 2-Step Challenge. The different routes allow traders to choose between beginning without a traditional evaluation, completing one evaluation phase, or following a two-phase process.

“OFunded is our answer to a question we heard for years: I can trade, but where do I find the capital?” said Abdulkader Abdi, Founder and CEO of OFinancial Markets.

Three Routes to a Funded Account

OFunded’s 2-Step Challenge is its most affordable route, starting from $89. Traders are required to reach an 8% target during the first phase and a 5% target during the second phase, with no time limit on either phase.

The 1-Step Challenge requires traders to complete a single evaluation phase, while Instant Funding allows traders to skip the traditional evaluation process and begin with no growth target.

Across the three routes, OFinancial Markets states that OFunded does not apply a consistency rule, permits news trading, and allows Expert Advisors. Traders must continue to comply with the applicable loss, drawdown, and program rules.

Four Trading Platforms

OFunded provides access to four trading platforms:

• cTrader
• DXTrade
• MatchTrader
• GooeyPro

According to OFunded, traders can choose the platform that best suits their trading approach while using the same funding terms and payout structure.

The platform comparison published by OFunded positions cTrader around depth-of-market tools and cBots, DXTrade around browser-based access, MatchTrader around mobile and copy-trading functionality, and GooeyPro around systematic and algorithmic trading.

OFunded provides access to more than 150 instruments across forex, indices, metals, and cryptocurrencies under simulated market conditions.

Simulated Accounts of Up to $250,000

Depending on the selected program, OFunded offers simulated funded accounts of up to $250,000. Its official materials state that account gains are shared through a tiered structure reaching up to 90%, with payout requests available on a monthly basis.

OFunded’s official website states that all funded-account trading is simulated. Traders operate with notional capital, and performance within the program does not represent live trading outcomes.

With three funding routes, four platform options, more than 150 instruments, and the infrastructure of the OFinancial group, OFunded is positioning its offering around greater choice in how traders enter and use a funded trading program.

Further information about OFunded’s programs, pricing, platforms, and trading rules is available on its official website.

About OFunded

OFunded is the proprietary trading firm of the OFinancial group and is operated by OMNI Markets LLC. It provides access to simulated trading evaluations and funded accounts through Instant Funding, 1-Step, and 2-Step programs.

Media Contact

OFunded

Office 3, 3rd Floor

One Central, Dubai World Trade Centre

Dubai, United Arab Emirates

Website: ofunded.com

Contact

OFunded
info@ofunded.com

New York, United States, August 10th, 2026, FinanceWire

Revenue in the brokerage and banking segments grew by 60% and 54%, respectively; total assets reached $14.0 billion as the company continued to expand its digital ecosystem and international banking presence

Freedom Holding Corp. (NASDAQ: FRHC), an international financial services and technology group, today announced its condensed consolidated financial results for the first quarter of fiscal year 2027, covering the three months ended June 30, 2026.

The company’s net revenue increased by 40% to $732.5 million, compared with $524.0 million in the same period last year. Growth was driven primarily by the brokerage and banking businesses, together with the continued expansion of Freedom’s telecommunications, payments, travel, and other digital services. As of June 30, 2026, Freedom Holding Corp.’s total assets were $14.05 billion, compared with $13.16 billion as of March 31, 2026. Shareholders’ equity increased to $1.54 billion, while cash and restricted cash totaled $2.82 billion at the end of the reporting period.

Freedom Holding Corp. also expanded its digital ecosystem through the acquisition of ChessBase GmbH. A month after the reporting period, the company completed its acquisition of an approximately 99.32% stake in Turkish Bank A.Ş., further strengthening its international banking presence.

“We have made a strong start to the new fiscal year, significantly increasing revenue while continuing to deliver strong quarterly profits. This allows us not only to invest actively in the further development of the Freedom ecosystem, but also to expand it into new markets. We completed the acquisition of a bank in Turkey, where we will soon begin rolling out our ecosystem, which has already proven successful in Kazakhstan,” said Timur Turlov, founder and Chief Executive Officer of Freedom Holding Corp.

Key Financial Results

• Interest income increased by 49% to $295.1 million, driven by higher interest income from margin lending, interest income on loans to customers, and securities portfolios.          
• Fee and commission income rose by 46% to $156.7 million, primarily driven by higher brokerage activity and growth in brokerage service commissions. Net gains on trading securities increased by 75% to $79.8 million, reflecting higher valuations of securities positions and gains from the sale of Kazakhstan sovereign and corporate debt securities. 
• Total expenses increased by 45% to $691.7 million, compared with $476.5 million a year earlier. The increase was driven mainly by higher insurance claims and policyholder benefits, interest expense, payroll and bonuses, and general and administrative expenses.
• Net income for the quarter was $31.7 million, or $0.52 per diluted share, compared with $37.4 million, or $0.61 per diluted share, a year earlier.

Business Segment Results

Revenue in the brokerage segment was up 60% to $282.6 million. This growth was driven by higher client trading activity, increased fee and commission income, and greater use of margin financing. Meanwhile, revenue in the banking segment rose by 54% to $225.2 million. This reflected higher interest income, gains on transactions in Kazakhstani government and corporate debt securities, and foreign exchange operations.

Revenue in the Other segment doubled to $73.9 million due to the expansion of the telecommunications business and increased activity across Arbuz and the company’s payment processing, travel and ticketing businesses.

Expansion of the Customer Base and Banking Business

As of June 30, 2026, the banking segment served 5.447 million customers, up from 5.026 million as of March 31, 2026. The brokerage segment served 874,000 customers, the insurance segment 924,000, and the Other segment 1.498 million.

Total assets in the banking segment increased by 12% during the quarter to $6.03 billion, while the deposit portfolio grew by 20% to $3.03 billion. The segment’s trading portfolio increased by 31% to $2.27 billion.

On June 24, 2026, S&P Global Ratings raised the long-term issuer credit ratings of Freedom Finance JSC, Freedom Finance Europe Ltd., Freedom Finance Global PLC, and Freedom Bank Kazakhstan JSC from “B+” to “BB-.” The outlooks on all four entities are stable.

About Freedom Holding Corp.

Freedom Holding Corp. provides financial services in 24 countries, including Kazakhstan, the United States, multiple EU countries, Uzbekistan, and Armenia. The Company’s principal executive office is located in New York City. In Kazakhstan, Freedom is actively developing its financial and digital ecosystem, which includes Freedom Bank, Freedom Broker, the insurance companies Freedom Life and Freedom insurance, as well as a lifestyle segment that features Arbuz.kz, Freedom Ticketon, and Aviata. Freedom Holding Corp. shares are traded on the U.S. technology exchange NASDAQ, the Kazakhstan Stock Exchange (KASE), and the Astana International Exchange (AIX) under the ticker symbol FRHC. Freedom Holding Corp. is regulated by the U.S. Securities and Exchange Commission (SEC) and the common stock is included in the Russell 3000 Index.

Contact

Head of Public Relations
Natalia Kharlashina
Freedom Holding Corp.
prglobal@ffin.kz
+77013641454

SAN JOSE, CA, August 10th, 2026, FinanceWire

Peraso Inc. (NASDAQ: PRSO) (“Peraso” or the “Company”), a pioneer in mmWave wireless technology solutions, today announced the introduction of the “PRM2145,” a new wireless communications module specifically designed to address the requirements of unmanned aerial vehicles (UAV), autonomous systems, and defense communications applications.

The launch of the PRM2145 marks an important expansion of Peraso’s product portfolio in the rapidly growing defense and UAV communications markets. Unlike conventional communications solutions operating in congested lower-frequency spectrum bands, the PRM2145 leverages Peraso’s proven 60 GHz mmWave technology platform to provide secure, low-latency, gigabit-class communications in a lightweight, compact module for airborne platforms with strict size, weight, and power constraints.

To support mission-critical deployments, the PRM2145 is intended to enable robust command-and-control links, high-definition video transmission, intelligence, surveillance, and reconnaissance (ISR) data transport, identification friend or foe (IFF) communications, and drone-to-drone communications, while providing enhanced resistance to interference and electronic jamming.

The surging global adoption of drones across military, homeland security, public safety, and commercial applications is driving demand for secure communications technologies capable of delivering higher bandwidth, lower latency, and greater resilience than conventional radio systems.

“Autonomous systems are becoming an increasingly important component of modern defense, security, and commercial operations, creating significant demand for advanced communications solutions that can operate reliably in challenging radio frequency environments,” stated Ronald Glibbery, Chief Executive Officer of Peraso. “The PRM2145 was specifically developed to address this opportunity by utilizing Peraso’s industry-leading mmWave expertise to address the unique requirements of UAV communications. We believe the product is well positioned to support a broad range of emerging UAV applications, where reliability, security, low latency, and jam resistance are mission critical.”

By utilizing advanced beamforming technology, the module is designed to create highly directional links intended to be difficult to detect, intercept, or disrupt. This architecture is intended to provide significant advantages for defense and security applications, where communications resilience and operational security are paramount.

Key features of the PRM2145 include:

• Purpose-built architecture optimized for UAV and drone communications
• Gigabit-class wireless throughput
• Ultra-low-latency communications for real-time control and video transport
• Advanced beamforming technology with highly directional links
• Enhanced resistance to jamming, interference, and spectrum congestion
• Lightweight and compact construction specifically designed for airborne platforms
• Support for secure point-to-point and networked communications
• Rapid integration into defense, public safety, industrial, and commercial drone systems

Market demand for resilient UAV communications continues to accelerate, as governments and commercial operators increase investments in autonomous platforms. Industry analysts project significant long-term growth in both the global UAV market and the associated communications infrastructure required to support sophisticated airborne systems. Peraso believes it is well positioned to capitalize on these trends by delivering differentiated mmWave-based solutions that address critical performance and security requirements not readily achievable with traditional wireless technologies.

“The introduction of the PRM2145 demonstrates Peraso’s strategy of leveraging its core mmWave intellectual property and technology leadership to address high-value market opportunities beyond traditional fixed wireless access applications,” said Mike Hamilton, Vice President of Business Development at Peraso. “We continue to see substantial interest in secure communications technologies for defense and autonomous systems, and we believe the PRM2145 strengthens our position in these attractive and expanding markets.”

The PRM2145 is expected to be available in Q4 2026 for customer evaluation and is designed for integration into a broad range of unmanned and autonomous platforms, including tactical drones, loitering munitions, ISR systems, autonomous ground vehicles, and advanced robotic systems. 

For additional information about the product, availability and pricing, contact Peraso sales at sales@perasoinc.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the “safe harbor” created by those sections. All statements in this release that are not based on historical fact are “forward-looking statements.” These statements may be identified by words such as “estimates,” “anticipates,” “projects,” “plans,” “strategy,” “goal,” or “planned,” “seeks,” “may,” “might”, “will,” “expects,” “intends,” “believes,” “would,” “should,” and similar expressions, or the negative versions thereof, and which also may be identified by their context. All statements that address the availability, operating performance, and advantages of the products of Peraso and the anticipated use of mmWave technology in defense, autonomous, and UAV applications, that are not otherwise historical facts, are forward-looking statements.

Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Actual results and trends may differ materially from historical results or those projected in any such forward-looking statements depending on a variety of factors. These factors include, but are not limited to, anticipated use of mmWave technology in defense, autonomous and UAV applications, the successful implementation and performance of the technology and hardware of Peraso with autonomous and UAV technology, the anticipated tactical and operational advantages of beamforming antenna technology relative to traditional radio frequency solutions, the risk that the performance characteristics described above, including with respect to jam-resistance and low probability of intercept/detection, may not be replicated in actual field conditions, third-party testing, or customer deployments, the availability and performance of Peraso’s products, reliance on manufacturing partners to assist successfully with the fabrication of Peraso’s ICs and modules, changes in defense spending priorities, government budget constraints, military procurement policy, or geopolitical developments that could reduce or delay demand for the Company’s technologies in military and government applications, the risk that Peraso’s products or technology may be subject to U.S. export control laws and regulations, including EAR or ITAR, and that compliance or non-compliance may limit the addressable market or expose the Company to civil or criminal penalties, availability of quantities of ICs supplied by Peraso’s manufacturing partners at a competitive cost, level of intellectual property protection provided by Peraso’s patents, vigor and growth of markets served by Peraso’s customers and its operations, and other risks, including the risks discussed in Peraso’s Securities and Exchange Commission filings. Peraso undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.

About Peraso Inc.

Peraso Inc. (NASDAQ: PRSO) is a pioneer in high-performance 60 GHz unlicensed and 5G mmWave wireless technology, offering chipsets, modules, software and IP. Peraso supports a variety of applications, including fixed wireless access, drone, defense and tactical communications, immersive video, and factory automation. For additional information, please visit www.perasoinc.com.

Peraso and the Peraso logo are registered trademarks of Peraso Inc. in the U.S. and/or other countries.

Media Contact:

Tyler Weiland

Shelton Group

P: 972-571-7834

E: tweiland@sheltongroup.com

Contact

Company Contact
Mike Hamilton
VP, Business Development
mhamilton@perasoinc.com