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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 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 

  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

Wellows Publishes AI Citation Study Based on 9,471 Prompts

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Wellows has published a new research study examining AI citation patterns across 9,471 prompts. The study analyzed 382,176 AI answers across ChatGPT, Gemini, Perplexity, Google AI Overviews, and Google AI Mode. Sites cited often on other topics also tended to receive more citations on separate prompts on all five engines, and ChatGPT showed the weakest topic coverage signal.

Dubai, United Arab Emirates, 9th Oct 2026 – Wellows has published a new study examining AI citation patterns across 9,471 English-language prompts and 151 topics. The research found that websites cited often on other topics also tended to receive more citations on separate prompts within the topics tested.

 

Citation reach, a site’s citation frequency on prompts about other topics, had the strongest association with held-out citations on all five engines, with correlations from 0.29 on Perplexity and ChatGPT to 0.37 on Gemini. Reach was more closely associated with held-out citations than topic coverage on Gemini (0.37 against 0.20) and ChatGPT (0.29 against 0.13).

Citation coverage inside a topic was also associated with held-out citations. On four of five engines, it tracked held-out citations more closely than a stored 0 to 100 domain authority score, with the widest gap on Perplexity (0.25 against 0.15). On Gemini, the two were level, at 0.20 and 0.21.

ChatGPT showed the weakest coverage signal. Among sites with similar reach, the coverage correlation was 0.043 on ChatGPT and 0.208 on Google AI Overviews.

“A site an engine cites on one topic is more likely to be cited on the next prompt,” said Khadija Zaman, AI Search Manager at Wellows and author of the study. “That is an association in our data, not a recipe. We did not test whether publishing more changes it, and we say so in the report.”

For the study, Wellows collected 382,176 AI answers to the 9,471 prompts from ChatGPT, Gemini, Perplexity, Google AI Overviews and Google AI Mode between January and June 2026. Within each topic, researchers split the prompts into two sets, measured which of the 92,112 websites were cited in one set, and tested whether that pattern carried over to the held-out set. The study is observational, and it does not show that publishing more pages, PR, or link building earns citations.

The full method, charts, and data are available in the Wellows study on topical authority and AI citations.

About Wellows
Wellows is an AI visibility platform for agencies and brands. It helps them track where they appear across AI platforms, find content and citation gaps, and close them. 

Media Contact

Organization: Wellows

Contact Person: Masab Gadit

Website: https://wellows.com/

Email:
media@wellows.com

Contact Number: +971557375697

Address: A1-UG-001, IFZA Dubai – Building A1, Dubai Silicon Oasis

City: Dubai

Country: United Arab Emirates

Release id: 49755

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Press Release

Evolution Metals & Technologies Corp. Raises Fiscal 2026 Revenue Guidance 62% at Midpoint to $10–$11 Million and Reaffirms $400–$460 Million Fiscal 2027 Outlook

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Miami, Florida, October 9th, 2026, FinanceWire

Delivery of thirteen additional ULVAC sintered magnet production machines scheduled for delivery  in October are expected to expand annual capacity to more than 10,000 metric tons of magnets as EM&T scales its non-China feedstock position to meet strong customer demand

Evolution Metals & Technologies Corp. (“EM&T” or the “Company”) (Nasdaq: EMAT), a U.S.-based critical materials and advanced manufacturing company, today raised its fiscal 2026 revenue guidance to $10 million to $11 million, up from the previous range of $5 million to $8 million announced on September 10, 2026. The increase represents a 62% raise at the midpoint, delivered less than one month after the Company issued its initial outlook. EM&T also reaffirmed its fiscal 2027 revenue guidance of $400 million to $460 million.

Guidance Highlights

Fiscal 2026 revenue guidance raised to $10 million–$11 million (up from $5 million–$8 million); representing a 62% increase at the midpoint ($10.5 million vs. prior $6.5 million)

  • Low end of the fiscal 2026 range doubled, from $5 million to $10 million
  • Fiscal 2027 revenue guidance of $400 million–$460 million reaffirmed; the $430 million midpoint represents approximately 41 times the raised fiscal 2026 midpoint 
  • Thirteen additional ULVAC sintered magnet production machines scheduled for delivery in October 2026, with installation to commence immediately following delivery in Pohang, Republic of Korea 
  • Annual magnet production capacity expected to exceed 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets
  • December 17, 2026 showcase of what EM&T believes is the largest commercial magnet facility in the world, ex-China

The raised guidance is driven by EM&T’s expanded ex-China rare earth feedstock position and the production capacity it unlocks, as well as improved rare earth pricing and continued strong commercial demand. The Company is actively scaling operations to meet this demand.  In Pohang, thirteen additional ULVAC sintered magnet production machines are scheduled for delivery in October 2026, with installation to commence immediately following delivery. Once operational, these machines are expected to expand annual rare earth magnet production capacity to more than 10,000 metric tons, including approximately 6,000 metric tons of high-performance sintered magnets.

“The raised guidance reflects strong customer demand, improved rare earth pricing, and our ability to source rare earth materials that bring our additional production capacity online this year,” said Frank Moon, Chief Executive Officer of EM&T. “Our fiscal 2027 outlook is unchanged, and the operational priorities behind it remain clear: commission additional equipment, bring expanded power and facility capacity online, secure rare earth materials for higher production volumes, complete additional customer qualifications and convert demand into expanded magnet shipments. We will keep the market updated as we continue to execute at warp speed. We look forward to showcasing what we believe is the largest commercial magnet facility in the world, ex-China, on December 17, 2026. We have already received attendance confirmations from industry leaders and executives, government officials, trade partners, investors, banking research teams and, of course, our entire board, which includes veterans of senior U.S. government leadership.”

“Non-China rare earth magnet supply remains a strategic priority of U.S. national security and industrial policy decisions,” said Andrew Knaggs, President of EM&T. “DFARS 252.225-7052 is expected to extend the mine-to-magnet restriction across the entire supply chain for neodymium-iron-boron magnets beginning January 1, 2027, and the July 2026 Executive Order substantially tightened the conditions for waivers and directed faster qualification of compliant sources. EM&T’s manufacturing platform, non-China sourced rare earth materials and production expansion are built to meet those needs at commercial scale, while continuing to serve our established, revenue-generating global customer base.”

About Evolution Metals & Technologies Corp.

Evolution Metals & Technologies Corp. (Nasdaq: EMAT) is a U.S.-based critical materials and advanced manufacturing company for rare earth permanent magnets, battery materials, and related critical minerals and technologies. By leveraging proven commercial-scale operations, advanced processing technologies, and strategic partnerships, EM&T operates what it believes is the only vertically integrated critical materials supply chain spanning end-of-life electronics and batteries, high-grade concentrates, and the manufacture of finished rare earth magnets (including high-performance rare earth magnets) and battery materials. For additional information, please visit investors.evolution-metals.com and follow the Company on LinkedIn.

 Cautionary Note Regarding Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s fiscal 2026 revenue guidance of $10 million to $11 million and its fiscal 2027 revenue guidance of $400 million to $460 million and the assumptions underlying them; anticipated revenue growth and the expected contribution of the Pohang expansion to revenue; expected magnet shipments, production capacity and utilization; the timing of delivery, installation and commissioning of ULVAC equipment; the timing and availability of expanded power capacity, land and governmental grants supporting EM&T’s Pohang operations; anticipated demand from existing and prospective customers, including customers seeking DFARS-compliant supply; the conversion of demand and commercial opportunities into orders, shipments and revenue; the availability of feedstock and working capital or other financing required to purchase feedstock and support higher production volumes; improved rare earth pricing, product mix and shipment timing; changes in the DFARS 252.225-7052 effective date, scope, waiver practices, tariffs or other government policies; the development of the Company’s planned U.S. industrial campus; and EM&T’s plans to expand its critical materials processing and permanent magnet manufacturing operations. These forward-looking statements, together with terms such as anticipate, expect, intend, may, will, should, believe, guidance, outlook, positioned and other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. The Company’s guidance is based on management’s current expectations and assumptions, including anticipated customer demand, and is not based on contracted volumes. Actual revenue will depend, among other factors, on the Company’s ability to convert demand into firm orders and shipments. Such risks include, among others, delays in equipment delivery, installation and commissioning; the Company’s ability to complete its land-use arrangements, execute power supply documentation and satisfy conditions applicable to governmental grants; the ability of counterparties to perform their obligations; the Company’s ability to obtain working capital and other financing on acceptable terms, or at all, and to continue as a going concern; the availability and cost of non-China rare earth feedstock; the Company’s ability to secure purchase orders from existing and prospective customers at anticipated volumes and prices; customer qualification requirements; changes in the DFARS 252.225-7052 effective date, waiver practices, tariffs or other government policies; competition; rare earth pricing and currency fluctuations; the Company’s ability to achieve contemplated production capacity, utilization levels, yields and operating efficiencies; financing, supply-chain and market risks; and the other risks described in EM&T’s filings with the U.S. Securities and Exchange Commission. Forward-looking statements are not guarantees of future performance, and actual results, performance or achievements may differ materially from those expressed or implied. Readers are cautioned not to place undue reliance on these statements, which speak only as of the date made. EM&T undertakes no obligation to update any forward-looking statement except as required by law. Additional information concerning factors that may affect EM&T’s expectations and projections is contained in its Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 20, 2026, its Quarterly Report on Form 10-Q for the three and six months ended June 30, 2026, filed with the SEC on August 17, 2026, including the disclosures under “Risk Factors” therein, and other documents filed or to be filed with the SEC by EM&T. SEC filings are available at www.sec.gov.

Investor Relations Contacts

Arx Investor Relations

North American Equities Desk

EMAT@arxhq.com

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PR, Marketing & Global Partnerships
Phoenix MGMT & Consulting
PR@PhoenixMGMTConsulting.com

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Press Release

Makeover Group Launches to Help Founders in Italy Build Businesses That Run Without Them

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Italy, 9th Oct 2026 – The Makeover Group steps out as an operator-led holding company helping founders in Italy build businesses that run without them. Headquartered in Florence, the group builds, operates, and grows businesses across finance, property, blue collar trades, and business transformation in Italy.

Founded by Alessandro Badalamenti, the group addresses a core issue for entrepreneurs. Most businesses face founder dependency. The Makeover Group replaces this dependency with systems and shared infrastructure. Establishing the financial control, operations, and growth systems for founders allows a business to scale or be sold without relying on one person.

The group runs three operating companies across four verticals. TMG Books serves as an English-speaking accountant in Italy and an English-speaking commercialista. It provides expat accounting in Italy and Partita IVA setup for founders. BM Real Estate handles property management in Tuscany. Casa Bada Tuscany manages villa rentals, events, and destination weddings. The group also provides consulting to help owners build a business that runs without them.

The firm operates real businesses with real clients and payroll. It is not an advisory firm that consults from the sidelines. Everything it recommends it has run itself first. The group has helped a Tuscan food producer structure their business with clear financials and branding. It also hired more than 100 electricians in under eight weeks for a large data centre contractor.

“Most founders think they have a growth problem. What they actually have is a founder dependency problem. When you put in the systems and the financial clarity that let a business run without you, everything changes. That is the work we do,” said Alessandro Badalamenti.

About The Makeover Group: 

The Makeover Group is an operator-led holding company based in Florence, Italy. The group replaces founder dependency with systems so businesses can run independently. It was founded by Alessandro Badalamenti, an operator who has built and run businesses across Florence, Sydney, and Seattle.

Media Contact 

Name: Anja Mertl 

Email: hello@yourtmg.com 

Phone: +39 334 2039 706 

Legal Entity Name and Partita IVA: The Makeover Group, P. IVA 07406690482 

Founding Year: 2024

Media Contact

Organization: The Makeover Group

Contact Person: Support Team

Website: https://www.themakeovergroupco.com/

Email: Send Email

Country: Italy

Release id: 49798

View source version on King Newswire:
Makeover Group Launches to Help Founders in Italy Build Businesses That Run Without Them

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