Press Release
ORC, The Dark Horse in OPEN Eco-Layout
Scientific innovations are the driving force for times transformation. Following steam engines, electricity and computer, Blockchain has brought a new revolution to technology and industry of this era.
When it comes to the currently most-talked-about blockchain technology, the decentralized finance (DEFI) deserves a special mention.
As of June 2020, the daily value locked in DEFI has broken the record, now standing at 27.3 billion dollars. It has been nibbling away at the trillion-dollar digital currency market, growing continuously into a giant.
DEFI presents huge market dividends, attracting many industry pioneers to grasp the preemptive opportunities for participation.
OPEN – Bring a wider range of assets to DeFi
OPEN is right among them. OPEN Foundation has started the overall layout of DEFI industry since 2019. After prudent and comprehensive considerations, OPEN chose OnlyChain.
Based on its analysis of OC’s position ratio via its digital asset management company with BTC Grayscale as a benchmark, OPEN has long appreciated OC and set mind to build DEFI ecology on OC system.
Open Finance is a basket of open finance and currency protocol applications developed by OPEN Foundation on OC. Through the protocol matrix with strong composability, it aims to realize a huge financial machine that can run and evolve by itself to replace the current economic operating mode and become a decentralized full-domain world bank.
OPEN is the first team to propose and practice protocol matrix concept in the industry. Its mature and supporting DEFI infrastructure provides one-stop decentralized financial solutions for global users and a unified liquidity space to serve open finance of the future.
Open Swap – Decentralized Exchange
Asset trading and clearing are important parts of traditional economic activities. It is Open Swap that assumes the above responsibilities in the OPEN system.
Open Swap delivers one-stop on-chain trading services for users based on its three core technologies and 20000+ TPS. The transfer speed speaks for itself. Also, the underlying operating system of OC does make Open Swap extremely competitive in processing large and low-frequency transactions, providing users with smooth on-chain trading experiences.
Open Lend – Hybrid Lending Market
Open Lend benchmarked against the lending and financial derivative issuance in the traditional economic activities can automatically calculate interest rates based on supply-demand change.
This benefits borrowers and lenders, making up for the opportunity cost of holding assets in an open financial network and getting rid of the fixed interests from the traditional financial market.
Open Stable – Asset Protocol Aggregation Platform
Open Stable is the center part of OPEN, allowing users to generate the stable assets OUSD (i.e. stablecoin asset protocol) from the secured assets.
OUSD is encrypted assets softly pegged to US dollars as asset collateral. It provides excess backed assets for users so as to effectively withstand vicious inflation.
And thanks to the technical advantages of OC, Open Stable enjoys high-speed asset transfer and delivery.
Open Link Oracle
OpenLink is the first distributed oracle on OC.
It is a vehicle that captures the value of Open Finance and OnlyChain ecosystem. It has defined and realized a new on-chain price generation and digital value capture plan to fix interoperability issues for the smart contract, which significantly enables it to be applied in finance, insurance, supply chain and many other industries.
Since all full eco-applications in OPEN financial system are built on OC, the above applications are exclusively confined to it. However, there exists a shortage in asset diversity on OC. So, how to achieve OC’s interoperability with other blockchains to expand the Open financial ecosystem?
ORC – An ultimate solution to blockchain interoperability.
Open Reactor
Open Reactor – Cross-chain protocol
Open Reactor (ORC) is the first decentralized cross-chain solution on OC system and also the exclusive cross-chain protocol in OPEN system. It serves as a window for financial data and value exchange with external blockchains.
The core mechanism of ORC cross-chain solution is OrcVM, through which users can use BTC and ETH to generate OBTC and OETH on OnlyChain at 1:1 if asset security is guaranteed. Owing to the high-performance blockchain network of OC, users enjoy extremely low handling fees and high transaction speed.
ORC also allows users to transfer digital assets from OC system to other blockchain networks so that on-chain assets can be freely flowed, interacted and aggregated between different blockchains, thus bringing the entire cryptocurrency market back to its root.
The ORC cross-chain solution can be applied to any sub-application in OPEN system. That’s to say, in the years to come, ORC will be the exclusive channel for OPEN sub-protocol to expand its use scope and interact with other public chains. Its importance is beyond any doubt!
The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.
ORC can realize asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.
ORC Value Analysis
- Provide OPEN with a variety of practical cross-chain assets to make sub-protocol matrix connected.
OBTC and other cross-chain assets acting as a cohesive layer will run throughout the entire open financial ecology to make closer interactions between various sub-protocols, thus achieving a huge and autonomous DEFI ecosystem.
- Integrate value of BTC and other mainstream digital assets into OC system for OC value expansion.
Relying on the digital token of Open Reactor, ORC will bring the value of Bitcoin and Ethereum into OC network so that asset liquidity of more public chains can be locked into it.
- Offer an interactive channel between various OPEN applications and other public chains to expand the ecological layout.
ORC allows users to generate OBTC with BTC. These cross-chain assets can be uses as trade varieties, lending products and synthetic asset reserve resources between Open Swap, Open Lend and OpenStable, which immensely diversify assets in OPEN and promote their operation and deployment on the whole ecosystem.
- Address problems existing in information interaction, asset transfer and business collaboration between the independent public chains and consortium chains of different industries, like banking, securities, insurance and real estate.
The financial sector is a pioneer in exploring the application of blockchain technology, with different institutions having varied blockchain-based layouts and applications. But there also exist some urgent problems of fragmentation.
ORC can realize the asset, information and trade interconnectivity and collaboration between different blockchains, which provides broader imagination space for Blockchain’s further application in the financial sector.
- Push ahead with the rapid establishment of global financial integration or regional economic integration.
Cross-chain enables value to flow between different blockchains. During this process, users, data and scenarios can be well linked to finally build a larger value ecosystem. If cross-chain technology grows into maturity, blockchain in the future will become infrastructures like today’s highways, water and electricity supplies. This will greatly facilitate the free flow of value and promote global financial integration.
Conclusion
If OPEN is a new self-evolving and self-sustaining decentralized financial empire, ORC cross-chain solution will be its “reform and opening-up policy.” Only by embracing a bigger external world can we accelerate the rapid and stable development of ecology and build a “sun-never-set empire.”
About us
https://www.openfin.network/#/
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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
Shreshth Khurana Announces Matrix Group’s Strategic Expansion Across Tech, Finance, and Media
Diversified Business Ecosystem Launches Portfolio of Interconnected Ventures Designed for the Digital-First Global Economy
Seoul, South Korea, May 21st, 2026, ZEX PR WIRE — Matrix Groups, a diversified business organization focused on digital innovation and scalable infrastructure, today announced the formal expansion of its multi-sector portfolio comprising ventures across technology, finance, education, media, aviation, hospitality, fashion, real estate, gaming, and consumer industries.
The announcement marks a significant milestone in Matrix Groups’ mission to build an interconnected ecosystem of businesses that are technology-driven, globally connected, and designed to deliver long-term value across multiple verticals simultaneously.
Matrix Groups operates on the principle that the future of business lies in interconnected ecosystems — where technology, branding, financial services, and human capital work in coordination rather than in isolation. The organization was established with a focus on digital transformation, scalable infrastructure development, and international business connectivity.
Leading the organization is Shreshth Khurana, founder and chief executive, whose strategic vision has shaped Matrix Groups’ unique approach to building businesses across diverse sectors from the ground up.
“Today’s digital world has created opportunities to think globally from day one,” said Shreshth Khurana, Founder of Matrix Groups. “The vision behind Matrix Groups is to build businesses that are connected, technology-driven, and designed to create long-term value across industries. Each venture within our ecosystem is designed to complement the others — creating compounding value that a single-industry company cannot replicate.”
Portfolio Overview
Matrix Groups has structured its portfolio across six primary verticals:
Technology, Legal & Digital Services Matrix Groups’ technology division includes Prowebmatrix, a legal, technology, and immigration services platform; Convertixpro, a marketing and technology solutions provider; LoopInSync, a proprietary social media platform; and WePedia, a business discovery and company information platform. These ventures collectively address the growing demand for integrated digital transformation, online brand development, and business growth solutions.
Education & Media The organization’s education and media portfolio includes Alphabit School, an online school and EdTech company; Story Crafters Magazine, a business media network; and Elyra International University, a higher education institution. This vertical is focused on building accessible learning ecosystems and business-focused content platforms for global audiences.
Finance & Banking Matrix Apex, a digital banking and FinTech platform, represents the organization’s entry into financial services infrastructure — addressing the expanding global demand for accessible, technology-enabled banking solutions.
Aviation Matrix Airline represents the organization’s long-term investment in aviation infrastructure, reflecting Matrix Groups’ commitment to asset-intensive, high-growth sectors.
Hospitality, Lifestyle & Consumer Brands The consumer-facing portfolio includes Promatrix Hospitality, Matrix Beauty, Matrix Clothing, and The Flavour Vault — ventures focused on delivering modern lifestyle experiences through hospitality, fashion, and food branding.
Emerging Verticals Matrix Groups has also established business verticals in real estate, interiors, gaming, automotive, electronics, travel, events, and social impact — providing a broad foundation for future growth and cross-sector synergies.
Strategic Vision
Unlike traditional conglomerates built through acquisition, Matrix Groups has taken an organic, build-from-the-ground-up approach — constructing each business as part of a deliberate, interconnected architecture. The organization’s strategic framework prioritizes digital infrastructure, brand scalability, and international market readiness.
“What differentiates Matrix Groups is not the number of businesses we operate, but the way they are built to work together,” said Khurana. “Each venture is a node in a larger network — sharing technology, branding infrastructure, and market intelligence.”
Matrix Groups is currently pursuing expansion into new geographies and sectors, with an emphasis on markets in South Asia, Southeast Asia, and the Middle East.
About Matrix Groups
Matrix Groups is a diversified business ecosystem comprising ventures across technology, finance, education, media, hospitality, aviation, real estate, consumer products, and emerging industries. The organization is focused on building interconnected businesses through innovation, digital transformation, and scalable growth models.
For more information, visit: www.shreshthkhurana.com
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Press Release
MEXC Reports Sharp Surge in TradFi Futures Trading Volume in April, Led by 1,600% Jump in INTC
Victoria, Seychelles, May 21th, 2026- Data from MEXC, a pioneer in 0-fee digital asset trading, shows that TradFi futures trading volume on the platform surged sharply in April. Among all sectors, AI semiconductor-related assets recorded the strongest month-over-month growth, with some exceeding 1,600%. This closely mirrored the rally in U.S. AI chip stocks during the same period, as more users increasingly turned to crypto platforms to gain exposure to traditional financial markets.
In April, as geopolitical tensions temporarily stabilized, risk appetite in the U.S. stock market rebounded significantly. Both the S&P 500 and Nasdaq-100 reached new all-time highs. Intel Corporation (INTC) rose roughly 50% during the month, marking its largest monthly gain in more than half a century. Advanced Micro Devices (AMD) surged 74%, becoming one of the best-performing stocks in the S&P 500. NVIDIA climbed approximately 14.4%, reclaiming the $200 level, while Taiwan Semiconductor Manufacturing Company (TSM) also strengthened alongside booming demand for AI computing power. AI and semiconductors became the dominant trading theme in the U.S. equity market throughout April.
The intensity of this rally was clearly reflected in trading activity among MEXC users. The AI semiconductor sector saw the most pronounced growth. INTC futures trading volume skyrocketed 1,684% month-over-month, AMD rose 543%, TSM gained 278%, and NVIDIA increased 213%, with all four assets posting triple-digit growth. Large-cap technology stocks and major indices also advanced strongly, with QQQ up 186%, GOOGL up 177%, and SP500 up 92%. Other assets including META (+121%), AAPL (+78%), and the NAS100 Index (+50%) also recorded significant increases.
As structural opportunities in the U.S. stock market become increasingly evident, more users are choosing to position themselves directly through familiar crypto trading platforms. Compared with traditional brokerages, crypto platforms eliminate cumbersome account-opening procedures, support both long and short Futures trading, and use stablecoins for settlement, avoiding the need to transfer funds across different financial systems. MEXC further reduces trading friction by offering zero fees on multiple Futures pairs, alongside deep liquidity and leverage of up to 100x. During the platform’s 0-Fee Fest, launched on April 15, MEXC users collectively saved more than $83 million in trading fees within just 12 trading days, with TradFi futures products contributing over $15 million of that total.
Against the backdrop of accelerating global asset rotation, demand for cross-asset allocation is rising rapidly. Currently, MEXC offers Futures pairs covering more than 130 traditional financial assets, including U.S. equities, stock indices, ETFs, precious metals, commodities, and foreign exchange products. Through a single account, users can seamlessly switch between crypto and traditional financial markets, capturing opportunities across asset classes at minimal cost.
About MEXC
MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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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.
CGTN published an article highlighting how China and Russia are deepening strategic coordination, economic cooperation and people-to-people exchanges during Russian President Vladimir Putin’s state visit to China. By combining trade data, historical context and expert analysis, the piece emphasizes the resilience of bilateral ties and their role in promoting a multipolar world order.
Bilateral trade has topped $200 billion for three consecutive years; more than 70% of China-Europe freight trains now pass through Russia en route to Europe; ten China-Russia Expos have been held; over 170 pairs of sister cities and provinces have been established, reflecting the growing depth and breadth of bilateral cooperation. In recent years, China-Russia collaboration has expanded across multiple sectors, yielding tangible results.
On Wednesday, the two heads of state once again witnessed the signing of multiple cooperation documents covering trade, education, technology and other areas during Putin’s state visit to China, fueling a new era of partnership between the two neighboring major countries.
During their meeting, Chinese President Xi Jinping stressed that China-Russia relations have now reached the highest level in history as a comprehensive strategic partnership of coordination for a new era and that the two sides should seize the momentum to align China’s 15th Five-Year Plan (2026-2030) with Russia’s development strategy through 2030, and deepen cooperation to serve the development and rejuvenation of both countries.
The two leaders also agreed to extend the China-Russia Treaty of Good-Neighborliness and Friendly Cooperation and issued a joint statement on enhancing comprehensive strategic coordination, deepening good-neighborliness and friendly cooperation.
China-Russia relations set example for major countries
This year marks the 30th anniversary of the establishment of the China-Russia strategic partnership of coordination and the 25th anniversary of the treaty, which defines the relationship as “non-alliance, non-confrontation and not targeting any third party” and enshrines the principle of “ever-lasting friendship and never becoming enemies.”
Xi noted that the treaty legally established a long-term foundation for neighborly friendship and comprehensive strategic cooperation, which has enabled a leap forward in bilateral relations. He said that China will work with Russia to uphold the spirit of the treaty and firmly advance China-Russia back-to-back strategic coordination.
Li Yongquan, a researcher at the Chinese Academy of Social Sciences, said the China-Russia relationship, based on “non-alliance, non-confrontation, and not targeting any third party,” transcends ideology and political systems and rests firmly on shared long-term interests and a commitment to a multipolar world. Their relationship offers a new model for major countries to get along with each other, Li said.
Since the treaty’s signing, political trust between the two countries has deepened. Annual presidential visits have become a routine, and multiple cooperation mechanisms have been established, including regular meetings between prime ministers, the China-Russia Energy Cooperation Committee, the Strategic Security Consultation Mechanism and the China-Russia Committee on Cultural Cooperation.
These mechanisms have played an irreplaceable role in promoting pragmatic cooperation, resolving bilateral issues and coordinating positions on multilateral international affairs.
China, Russia: Pillars of a multipolar world
During their talks, Xi stressed the importance of deepening multilateral coordination, safeguarding the post-war international order and international law and promoting the building of a more just and reasonable global governance system.
China and Russia have long supported each other on key issues of mutual concern. They have jointly promoted the establishment of the Shanghai Cooperation Organization (SCO), BRICS and trilateral mechanisms such as China-Russia-India and China-Russia-Mongolia cooperation. They also continue to coordinate on international platforms, such as the UN and APEC, advocating for greater representation of developing countries in global governance and promoting a multipolar, inclusive global order.
Russia is the first country Xi visited after taking office as Chinese president. Putin last year visited China to attend the SCO summit and commemorative events marking the 80th anniversary of the victory in the Chinese People’s War of Resistance against Japanese Aggression and the World Anti-Fascist War.
During Wednesday’s meeting, Putin stated that China-Russia relations have stood the test of time and grown increasingly resilient and that China-Russia cooperation is an important stabilizing factor in the turbulent world.
Cooperation boosts shared development, people-to-people exchanges
Deep political trust and close strategic alignment between the two countries has enabled steady progress in trade, culture and people-to-people exchanges, ushering China-Russia relations into a new phase of development.
Despite a complex international environment, China-Russia cooperation has shown resilience. According to China’s Ministry of Commerce, bilateral trade reached $227.9 billion in 2025, surpassing the $200 billion mark for the third consecutive year. In the first quarter of this year, bilateral trade totaled $61.2 billion, up 14.7% year on year.
Currently, the 10th China-Russia Expo is being held in Harbin, northeast China’s Heilongjiang Province, attracting nearly 300 Russian enterprises. Meanwhile, China and Russia introduced a mutual visa-free policy in 2025, triggering a tourism boom between the two countries.
The two countries have also jointly organized a range of exchange programs over the years, including the language year, tourism year, youth exchange year and cultural year. Last year, the “China-Russia Year of Culture” concluded successfully, while this year’s “China-Russia Year of Education” is expected to further strengthen generational friendship and consolidate the foundation for long-term mutual understanding between the two peoples.
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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.
Shreshth Khurana Announces Matrix Group’s Strategic Expansion Across Tech, Finance, and Media
MEXC Reports Sharp Surge in TradFi Futures Trading Volume in April, Led by 1,600% Jump in INTC
CGTN: China-Russia relations reach new heights as Xi, Putin meet in Beijing
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