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Trading Infrastructure Provider Wootrade to List WOO Token With BitMax

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BitMax.io (BTMX.com), an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of Wootrade’s WOO token under the trading pair of WOO/USDT on November 24th at 10:00 a.m. EST.

Backed by Kronos Research, Wootrade is a layer one trading infrastructure with a graphical interface that can integrate with any exchange, trading desk, wallet, dApp, or other trading-related platform. The native token, WOO, can be used as the access to the network through staking or as the payment or collateral for advanced trading and investment products.

The Wootrade network was conceived and incubated by the founders of Kronos Research, one of the largest quantitative firms in the industry. With deep liquidity provided by Kronos’s roster of institutional traders and market makers, Wootrade is designed to be a solution to the lack of platforms capable of handling daily trade volume in excess of $2 billion.

BitMax.io will also join the Wootrade’s B2B Zealous Rhinos staking program. This strategic integration will allow BitMax to enjoy reduced, zero, or even negative fees on trades by staking WOO.

Unlike other proprietary trading platforms, Wootrade is designed to be a platform agnostic network that connects liquidity from multiple exchanges and institutions. Wootrade is able to leverage these integrations to provide potentially the tightest spreads and best depth for traders using the network. Wootrade clients, like exchanges and DeFi platforms, are also able to enjoy zero-fee trading.

As follow-up to the launch on BitMax, Wootrade will introduce several new network features in early 2021. Woo X, a trading GUI for professionals, is planned for Q1’21 to make advanced trading methods more accessible. The first quarter of 2021 will also see the launch of retail staking, providing further utility for the WOO token. Wootrade Futures and Margin Trading are planned for Q2’21.

“We’re excited to list WOO on BitMax.io; it will be beneficial for both BitMax.io users and users of the Wootrade network,” said Shane Molidor, Global Head of Business Development at BitMax.io. “Wootrade offers a new, efficient way to manage strategies that will resonate with traders. This listing collaboration gives BitMax.io users access to Wootrade through the WOO token, and at the same time, provides Wootrade users additional method to further invest in the platform.”

About BitMax.io 

Launched in August 2018, BitMax.io is a leading digital asset trading platform with a broad range of financial products and services for both retail and institutional clients, with robust design ranging from innovative volatility products to margin trading, derivatives trading, staking products, and other investment solutions.

For more information and updates, please visit:

Website: https://bitmax.io/

Twitter: https://twitter.com/BitMax_Official

Telegram: https://t.me/BitMaxioEnglishOfficial

Medium: https://medium.com/bitmax-io

About Wootrade

Wootrade is the combined effort of the top quantitative traders and technologists in crypto and allows for superior execution through intelligent risk management and order routing. Their solutions resolve liquidity issues faced by both centralized and decentralized trading venues while allowing for community based governance.

For more information and updates, please visit:

Website: https://woo.network/

Twitter: https://twitter.com/wootraderS

Telegram: https://t.me/wootrade

Medium: https://medium.com/wootrade

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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

Tag Markets Names Craig Lund Chief Executive Officer

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Dubai, United Arab Emirates, September 10th, 2026, Chainwire

The appointment brings a veteran of regulated digital-asset and brokerage businesses to a firm turning its focus from growth alone to the foundations that sustain it.

Tag Markets today announced the appointment of Craig Lund as Chief Executive Officer. Lund will lead the company’s executive team and its next phase of development, working alongside the firm’s founders and existing stakeholders.

Lund brings more than fifteen years of experience across financial services, regulated digital assets, operations and governance, with senior leadership roles at Merrill Lynch, M2, MidChains, BitOasis, and Property Finder. He has helped take multiple regulated financial businesses from formation to licensing across several jurisdictions, has led teams numbering in the hundreds, and has worked within organisations responsible for several billion dollars in trading volume. His experience spans risk, regulatory engagement, cross-border settlement, product infrastructure and the building of executive teams.

At BitOasis, he was part of the leadership team that scaled the business many times over and contributed to securing one of the first in-principle approvals granted by Abu Dhabi Global Market to a digital asset exchange and custodian. At MidChains, he helped build an over-the-counter desk that reached multi-billion-dollar volume within its first year. At M2, he led the group operational structure that took a globally regulated exchange and custody platform from a standstill to launch within months, under multiple global regulated frameworks.

The appointment comes as Tag Markets turns its attention to the part of a brokerage that clients experience most directly. Spreads and platforms are compared in an afternoon; a client’s view of a firm is formed by how quickly a withdrawal is processed and how promptly a support question is answered. Lund’s brief places those measures at the centre of the firm’s priorities and treats them as standards to be defined, measured and continuously improved.

“A broker earns trust in the moments a client feels, not in the ones it advertises,” Lund said. “The next chapter for Tag Markets is defined less by how fast it grows than by how well it runs. My focus is on the operating discipline, the governance and the client experience that let a firm grow across markets without losing the confidence of the people it serves.”

Three priorities define the agenda. The first is operating discipline: clear operating standards and escalation thresholds across the business, so that decisions are taken at the right level and are visible after the fact. The second is the resilience of execution, from order routing and pricing through to the controls that govern how changes reach live trading environments. The third is client service treated as management information, with feedback recorded, measured and reviewed so that patterns are seen early and acted on.

As Tag Markets grows across markets, the demands on its internal systems, its governance and its regulatory engagement grow with it. Lund’s background at the intersection of regulated finance, operational scale and technology reflects the capabilities that matter most at that stage.

About Tag Markets

Tag Markets is an online trading services provider offering access to foreign exchange, commodities, indices and other markets through leading trading platforms. Tag Markets is the trading name of “T.M. Financials Ltd”, incorporated in Mauritius (Company No. C185265), and regulated by the Financial Services Commission of Mauritius as an Investment Dealer (License No. GB21026474). Further information is available at tagmarkets.com.

Contact

Craig Lund
Tag Markets
Communications@tagmarkets.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

AI Risks to Enter 60–80% of Liability and Cyber Insurance Underwriting by 2028, ScienceSoft Predicts

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McKinney, USA, September 10th, 2026, FinanceWire

ScienceSoft has released proprietary research on how midsize US insurers will address artificial intelligence (AI) risks in coverage and underwriting through 2028. Drawing on insurance market data, perspectives from industry experts, and ScienceSoft’s experience working with insurance organizations, the research examines whether growing AI-related losses will lead to a new class of AI-specific insurance.

The research forecasts that by 2028, 60–80% of new policies and renewals in errors and omissions (E&O), directors and officers (D&O), employment practices liability (EPL), and cyber insurance will factor AI risks into underwriting. However, ScienceSoft expects most midsize US insurers to continue covering AI risks primarily through existing lines of business rather than standalone AI policies. The research team anticipates AI-specific insurance to grow rapidly but remain a small niche in the commercial insurance market.

ScienceSoft finds that demand for clearer AI coverage is rising alongside AI-related incidents. The research points to a 262% rise in publicly documented AI incidents from 2022 to 2025 and highlights businesses are showing strong interest in protection against emerging liabilities associated with AI. Insurers take several approaches to making AI treatment more explicit, including affirmative policy wording, AI exclusions, specialized endorsements, and dedicated AI insurance products.

At the same time, the research reveals that much of today’s AI exposure remains covered through traditional insurance products. ScienceSoft concludes that AI-specific insurance is unlikely to become mainstream by 2028, despite the projected strong market growth (from $40 million in 2024 to $4.8 billion by 2032, at a roughly 80% CAGR). Yet even at that pace, the segment is projected to account for only around 0.34% of commercial P&C premiums by 2032. The research team expects unclear liability attribution, accumulation risk, limited loss history, and regulatory uncertainty to continue slowing the development of dedicated AI coverage.

The research findings suggest that underwriting will adapt considerably faster than coverage. ScienceSoft finds that insurers are beginning to assess not only whether businesses use AI but also how AI systems are governed, what level of autonomy they have, and what controls organizations have in place. The research team expects these factors to increasingly influence premiums, coverage conditions, and risk control requirements through 2028.

Beyond its market forecast, the research examines what these changes mean for insurers, brokers, commercial insurance customers, AI software providers, regulators, and individuals. In particular, it explores how insurers may need to adapt underwriting and claims processes, why insureds may increasingly require broker services as AI-specific insurance develops, and why AI vendors may become one of the main customer groups for AI liability insurance.

Read the full report for more insights.

About ScienceSoft

ScienceSoft is a Texas-headquartered AI transformation and software engineering company with 37 years of experience in artificial intelligence and 14 years in insurance IT. The company holds the 2025 Global Award for Insurance Digital Transformation Excellence and the 2026 AI Leader Award for Best AI Solution for Insurance. With long-standing experience across AI and insurance technology, ScienceSoft’s experts bring a practical perspective on how emerging AI risks may affect insurers’ operations, technology, and the broader market.

Press Inquiries Welcome

ScienceSoft’s consultants and financial researchers are available to provide expert commentary on AI-related commercial risks and emerging, technology-enabled approaches to AI risk coverage and underwriting. For media inquiries, please follow the link.

Contact

Media and Analyst Relations Specialist
Alexa Tsviatkova
ScienceSoft
adtsviatkova@scnsoft.com

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Press Release

Chicago’s De’Elegance Private Car Service Celebrates 28 Years in Business by Rebranding as ChauXure

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Oldest Black-owned, veteran-owned, woman-owned business of its kind in Chicago builds on its reputation for delivering exceptional experiences

CHICAGO—Sept. 9, 2026—De’Elegance, Chicago’s oldest Black owned, veteran-owned, woman-owned private car service, is celebrating its 28th year in business by rebranding as ChauXure and expanding its fleet of luxury cars. Founded in 1998 by Marie Guyton, an Air Force veteran, ChauXure is renowned for delivering exceptional experiences. By branding itself as ChauXure (Show Sure), the company is emphasizing its reputation for precision, reliability, and consistency.

“After almost 30 years in business, we felt it was time to update our brand to reflect the values that we have long embodied as a business,” explained Guyton, who was honorably discharged from the Air Force in 1990. “We work in high-demand environments where timing and execution cannot vary. Our goal is always to set the standard for service, and ensure that every experience reflects professionalism, punctuality, and attention to detail.”

ChauXure handles executive, airport, and group travel. Clients run the gamut from individuals to corporate clients and large-scale events such as the Indy 500, PGA, and WBNA. While based in Chicago, ChauXure frequently operates on a national basis, such as in the case of the SuperBowl and the NFL Draft. 

As part of its rebrand and anniversary observance, ChauXure has invested in expanding its fleet of Lincoln Navigators and Mercedes Sprinter vans. The latter can carry up to 14 passengers in luxury style. 

 

To learn more or reserve travel, visit https://chauxure.com/, email info@chauxure.com, or call (708) 765-6255. Service is available 24 hours a day, 365 days a year.

Media Contact

Organization: ChauXure

Contact Person: T. Guyton

Website: https://chauxure.com/

Email: Send Email

Contact Number: +17087656255

City: Chicago

State: IL

Country: United States

Release id: 48943

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