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ORC, The Dark Horse in OPEN Eco-Layout

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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 OCs 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 

  1. 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.”

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https://www.openfin.network/#/

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Press Release

SK Hynix ETFs – 2x Long (SKHX) & 1x Short (SKHZ) from Leverage Shares by Themes Arrive as ADRs Begin Trading

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Greenwich, Connecticut, July 10th, 2026, FinanceWire

One Trading Day After the Record Nasdaq Debut, Traders Get 2x Long and 1x Short Tools at a 0.75% Fee — With Options on Both Funds Expected Shortly After Launch

SK Hynix’s American Depositary Receipts began trading on Nasdaq today in the largest-ever US listing by a foreign company, an offering recently sized near $28 billion¹ — and US traders are one trading day away from a complete toolkit to act on it. Leverage Shares by Themes confirmed that the Leverage Shares 2x Long SK Hynix Daily ETF (ticker: SKHX) and the Leverage Shares 1x Short SK Hynix Daily ETF (ticker: SKHZ) begin trading on Cboe this coming Tuesday, July 14th.

The Only 1x Short in the Field

Among the leveraged SK Hynix ETFs arriving Monday, SKHZ is expected to be the only 1x, non-leveraged short product — a way to lean bearish or hedge existing exposure without the amplified decay of a -2x fund. SKHX seeks daily investment results, before fees and expenses, corresponding to 200% (2x) of the daily performance of the SK Hynix American Depositary Receipt (Nasdaq: SKHY); SKHZ seeks daily investment results, before fees and expenses, corresponding to -100% (-1x) of that daily performance. Both funds are actively managed and utilize swaps, options, and other derivatives to deliver efficient exposure.

Options Days Away

Options on both SKHX and SKHZ are expected to begin trading within days of the funds’ launch, adding defined-risk strategies and hedging flexibility on top of the funds themselves.

Experience at This Scale

The firm ran the same play around SpaceX’s IPO, launching long and short ETFs — SPCH and SSPC — simultaneously, in a debut that set the record for the biggest first week of trading in ETF history, topping $4 billion in volume over four trading days.² Both SKHX and SKHZ carry a 0.75% management fee, approximately 40% below the category average.³

“Today the market got SK Hynix. On Monday, traders get the tools — long or short, with options right behind, at a fee that respects them,” said Jose C. Gonzalez Navarro, CEO and Co-Founder of Themes ETFs. “As with all of our daily leveraged and inverse products, these are trading vehicles that reset each day, not buy-and-hold instruments — we encourage investors to size positions carefully and know their exit points.”

For more information about these ETFs and other products offered by Leverage Shares by Themes, please visit www.leverageshares.com/us

Definitions:

American Depositary Receipt (ADR): An American Depositary Receipt (ADR) is a negotiable certificate issued by a U.S. depositary bank that represents shares of a foreign company. ADRs trade on U.S. exchanges in U.S. dollars, making it easier for U.S. investors to buy and sell shares of non-U.S. companies.

Options: Options are exchange-traded contracts linked to an underlying security, such as an ETF, that give the holder the right, but not the obligation, to buy (a call option) or sell (a put option) the underlying security at a specified price before or on a specified expiration date. Options can be used to manage risk or express investment views but involve significant risk and are not appropriate for all investors.

Sources:

¹ Bloomberg, “Extreme SK Hynix Stock Swings Add Wild Card to $28 Billion Deal,” July 7, 2026.

² ETF Trends, “ETF Prime: Record Inflows and SpaceX Leveraged ETFs,” July 1, 2026. See also etf.com, “Winner Emerges In SpaceX ETF Race,” June 30, 2026.

³ Source: etf.com. Universe of 308 daily leveraged & inverse ETFs compared to Leverage Shares SKHY short & leveraged ETFs, as of 6/25/26. Expense ratios are subject to change.

For media inquiries, contact:

Arielle Shternfeld

Director of Communications, Themes ETFs

ashternfeld@themesetfs.com

About Themes ETFs

Themes ETFs is a provider of thematic and single-stock leveraged ETFs, focused on delivering innovative, cost-efficient investment tools that allow investors to access the companies and trends shaping the future. Through its Leverage Shares platform, Themes ETFs offers daily leveraged and inverse ETF strategies designed for sophisticated investors and active traders.

For more information, visit www.themesetfs.com and www.leverageshares.com.

INVESTMENT INVOLVES SIGNIFICANT RISK. Fund does not invest directly in the underlying stock. As with any investment, there is a risk that you could lose all or a portion of your investment in the Fund.

An investor should carefully consider a Fund’s investment objective, risks, charges, and expenses before investing. A Fund’s prospectus and summary prospectus contain this and other information about Themes ETFs. To obtain a Fund’s prospectus and summary prospectus call 886-584-3637. A Fund’s prospectus and summary prospectus should be read carefully before investing.

Newly launched Funds have risks associated with a limited operating history.

Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% (for 2x) or -100% (for -1x) of the return of the underlying stock over the same period. The Fund will lose money if the underlying stock performance is flat over time, and as a result of daily rebalancing, the underlying stock’s volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the underlying stock’s performance increases over a period longer than a single day. The Fund is not suitable for all investors. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2x, -1x) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. The Fund is not intended to be used by, and is not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Fund will lose money if the underlying stock’s performance is flat, and it is possible that the Fund will lose money even if the underlying stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment for all leveraged funds (2x, -1x). For the 2x fund, if the price of the underlying stock falls by more than 50% in one trading day, an investor could lose the full principal value of their investment.

Under the Investment Advisory Agreement between the Adviser and the Trust, on behalf of the Fund (the “Investment Advisory Agreement”), the Adviser has agreed to pay all expenses of the Fund, except for the fee paid to the Adviser pursuant to the Investment Advisory Agreement, interest charges on any borrowings, taxes, brokerage commissions and other expenses incurred in placing orders for the purchase and sale of securities and other investment instruments, acquired fund fees and expenses, accrued deferred tax liability, extraordinary expenses, and distribution (12b-1) fees and expenses.

Past performance does not guarantee future results.

INVESTMENT RISKS: Investing in the Funds involves a high degree of risk. As with any investment, there is a risk that you could lose all or a portion of your investment in the Funds.

Investment in leveraged products may be subject to higher volatility. Fund does not directly invest in the underlying stock. An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps is subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, IntraDay Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.

For periods longer than a single day, the Funds will lose money if SK Hynix has flat performance, and it is possible that the Funds will lose money even if SK Hynix performance increases or decreases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day if the price of SK Hynix rises or falls by more than 50% in one trading day.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (NBBO) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses, or sales charges. One cannot invest directly in an index.

This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

Themes Management Company LLC serves as an adviser to the Themes ETFs Trust. The funds are distributed by ALPS Distributors, Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS is not affiliated with any mentioned entity. Client brokerage services not offered by ALPS. Please see third party site for more information about any mentioned services. Themes ETFs are not sponsored, endorsed, issued, sold, or promoted by these entities, nor do these entities make any representations regarding the advisability of investing in the Themes ETFs. Neither ALPS Distributors, Inc, Themes Management Company LLC nor Themes ETFs are affiliated with these entities. Themes Management Company LLC and Leverage Shares are affiliates that are under common control. Themes Management Company and Leverage Shares have entered into a licensing agreement in which Leverage Shares licenses the trademark LEVERAGE SHARES to Themes Management Company LLC for use in financial services in the United States.

Contact

Director of Communications
Arielle Shternfeld
Themes ETFs
ashternfeld@themesetfs.com

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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.

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Press Release

Dubai Health and Rush University System for Health Announce Strategic Collaboration to Advance Quality of Care

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Dubai, United Arab Emirates, 10th July 2026: Dubai Health has announced a strategic collaboration with Rush University System for Health, one of the leading United States-based academic healthcare systems, ranked among the nation’s top institutions for quality, patient experience, and safety. The agreement is intended to leverage the respective expertise, capabilities, and resources of both academic health systems to support improved patient outcomes and foster continuous learning, in alignment with international best practices.

Dubai Health

The agreement was signed by Dr. Amer Sharif, Chief Executive Officer of Dubai Health and President of Mohammed Bin Rashid University of Medicine and Health Sciences, and Dr. Omar Lateef, President and CEO of Rush University System for Health and Rush University Medical Center, in the presence of His Excellency Dr. Alawi AlSheikh-Ali, Director General of Dubai Health Authority.

The collaboration outlines areas of cooperation spanning clinical programs and care models, quality and patient safety, performance management, digital health, research, and innovation activities. It also encompasses education, training, and workforce development across medical, nursing, allied health, and leadership domains.

Dr. Amer Sharif, said: “We value the opportunity to engage with Rush University System for Health, which brings together two academic health systems united in a shared commitment to advance health for humanity.”

He added: “Through meaningful knowledge exchange and mutual learning, we look forward to delivering better outcomes for the communities we serve while supporting the development of qualified talent across disciplines and reinforcing Dubai’s position as a global healthcare destination.”

Dr. Omar Lateef, said, “This strategic collaboration creates incredible opportunities to view safety, quality, and the patient experience through a global lens — one that fosters a culture defined by best practices over geographic location. While each system has developed a worldwide reputation for excellence, we have much to learn from one another, with the ultimate beneficiaries being our patients.”

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Press Release

TrueDAO Raises $10 million in Strategic Funding to Accelerate AI-Powered Financial Infrastructure

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New York, USA, July 10th, 2026, Chainwire

TrueDAO announced today the completion of a $10 million strategic funding round. The round was led by Brevan Howard Digital, with participation from Zee Prime Capital and Jump Capital. The proceeds will primarily fund core AI protocol development, AI-driven risk control, security audits, global compliance efforts, and the expansion of ecosystem partnerships.

The journey to this milestone began a year ago when the TrueDAO team set out to build a decentralized financial infrastructure driven by smart contracts, on-chain reserves, dynamic adjustment mechanisms, and community governance. The initiative aimed to address challenges in the traditional crypto industry regarding yield sustainability, risk response, reserve transparency, and governance efficiency; since then, the team has successfully developed the core protocol architecture.

TrueDAO is not designed for a single blockchain application; instead, it aims to serve as a modular financial infrastructure, providing global ecosystem projects with liquidity management, reserve management, risk alerts, yield distribution, and governance support.

This funding round will focus on five key areas: refining smart contracts and protocol modules; building AI-driven risk monitoring and stress-testing systems; implementing independent security audits, real-time monitoring, and bug bounty programs; advancing legal and compliance assessments across various jurisdictions; and releasing developer documentation while expanding ecosystem partnerships.

SoLee, Head of Marketing at TrueDAO stated “Raising $10 million is a significant milestone, but it is not the finish line. While capital accelerates development, it cannot replace security, transparent governance, and genuine value creation. We remain committed to building an on-chain financial infrastructure that is auditable, verifiable, and governable.”

Following the funding, TrueDAO will advance its testnet launch, security audits, developer tools, and ecosystem integration plans, while disclosing protocol operations and reserve data in phases. Specific launch dates, token arrangements, and incentive mechanisms will be subject to official announcements and applicable laws.

About TrueDAO

TrueDAO is an AI-driven decentralized autonomous financial infrastructure project. It is dedicated to building an open, transparent, and composable on-chain financial system through the integration of smart contracts, on-chain data, AI risk analysis, dynamic value adjustment, protocol reserves, and DAO governance.

TrueDAO Website: www.truedao.ai

Contact

TrueDAO
info@truedao.ai

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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.

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