Press Release
What’s the NFT game Tencent & Alibaba Rush into?
In June 2021, Alibaba and Dunhuang Arts Institute jointly released two NFTs, Dunhuang Flying Sky and Nine Color Deer App skins, which were limited to 16,000 in the world. The works were looted as soon as they were released.
On June 26, 2021, NetEase and Nervina Labs released their first NFT work on Taobao.
On August 3, 2021, Chinese tech giant Tencent’s NFTs trading platform -Huanhe launched 300 copies “Vinyl Record NFT” authorized by TV program “Thirteen Invitations”, and sold out instantly.
Chinese giants’ capital is vying to chase, and it’s so fierce. So far people can’t help asking, what is NFT?
Meet NFT
NFT is short for Non-fungible Token，which is relative to the concept of Fungible Token (FT), each NFT has a unique and only identification, which is not interchangeable, and the smallest unit is 1 and indivisible.
Generally, BTC, ETH, etc. we familiar with are Fungible Token. For example, BTC everyone owns is same, it’s interchangeable with each other, can also be divided into 0.1, or 0.01 without affecting the value and use.
NFT represents indivisible and non-interchangeable items in reality, such as a real estate certificate, a famous painting, a piece of game equipment and so on. They are all unique, and completely lose their value and practicality after being divided. The most typical are collectibles and artworks. These products with non-fungible genes are digitized and tokenized using blockchain technology, and they have become popular NFTs today.
NFT is one and only
Economics stipulates that currency is a unity equivalent and a carrier of consensus on value. In modern society, personal wealth is no longer measured by currency holdings, but includes the value and quantity of assets under his name. Its assets include but not limited to items with market value such as houses, cars, stocks, etc. In most case, the value carried by an asset often far exceeds the value of the cash value they hold. However, real assets have two major shortcomings: poor liquidity and high cost of confirmation. For example, the determination of the right of a house needs to rely on the registration of the Housing Management Committee to determine the ultimate ownership of the house.
But in the blockchain world, the assets we currently have are BTC, ETH with currency attributes. After meeting demand for monetary assets, a value medium of non-monetary assets will naturally emerge, and this is NFT. Relying on the decentralization, immutability and cryptographic authentication of the blockchain, NFT solves a series of problems of real assets:
• The asset is unique and cannot be faked
• Strong liquidity, real-time trading;
• Cryptography is the confirmation and cannot be tampered with.
In addition, NFT also has features that cryptocurrency does not have. Its unique features can be used for identity certification, item ownership certification, virtual props, etc. NFT makes crypto assets more practical, enabling users to expand the utilization of valuable assets in the form of NFT, and is protected by blockchain technology.
NFT Boom Out
NFT is not a new thing born this year, it has made any public appearances early in 2017, but more regarded as a niche thing within Ethereum.
So, what is the real important promoter of NFT out of the circle?
First, let’s ask a question: How much would a digital picture be? The answer is $69.3 million！
On March 11, 2021, an unknown artist Beeple collaged his daily art work for the past thirteen years into a digital picture called “everyday: the first 5000 days”. At Christie’s, it was sold for $69.3 million, which shocked the world.
Overnight, NFT became the outlet. This 40-year-old American painter also made great fortune overnight. The popularity of NFT has caused a huge sensation in many fields such as art, venture capital, and finance.
Commercial filed such as NBA, Samsung, McDonald’s, Marvel, movie stars, etc. are all releasing their own NFT products, and venture capital industry such as Three Arrows Capital, Signum Capital, NGC Ventures, Coinbase, etc. have begun to invest in this field. Internet giants such as Tencent, JD, Facebook, Twitter, etc. are all laying out the NFT battlefield. The opportunities and challenges brought by NFT are more than that brought by the mobile Internet to the Internet.
From the perspective of business history, iPhone, Amazon, Microsoft, etc. were initially used by industry insiders. After going out of the circle by marketing, products, and the trend of the times, the entire society began to accept them, and they evolved from product for a specific group into mass infrastructure. Although the development of NFT is still at an early stage, the boom out of NFT will continue the historical trajectory and accelerate the application of blockchain technology. It is of great significance for promoting the digitalization of society.
NFT Bright Future
Except crypto artworks, will NFT have wider applications? We can find that NFT will be widely used in the future. For example, the recent popular NFT+DeFi and NFT+game, as well as the concept of meta-universe, are inseparable from the future development of NFT. The physical application of NFT will solve many problems for the society, such as:
First, intellectual property. NFT can represent a painting, a song, a patent, a film, a photo, or other intellectual property rights. NFT can help each unique thing to register the copyright and help it identify the patent.
Second, physical assets. Real estate such as houses and other physical assets are digitized through NFT. It can be used in financial markets such as the circulation of assets.
Third, records and identification. The unique features of NFT, can be used to verify identity and birth certificates, driver’s licenses, academic certificates, etc., to prevent abuse or tampering.
There will be many physical applications of NFT in the future, which will surely solve various practical problems for the society. Presumably this is the ultimate goal of various giant capitals. As the world’s first physical digital economy token trading platform-BtLux Exchange focuses on the implementation of blockchain scenarios that are closely related to people’s lives.
Different from other cryptocurrencies with no entity value support, BtLux regards the underlying innovation of the blockchain as an important breakthrough in the independent innovation of core technology, and takes the use of blockchain to trade, calculate, and record to promote real economic activities on the chain under supervision. At the same time, realize the market operation and value management of digital assets after the certification, redefine the interest distribution relationship of producers, consumers and participants, and form a brand new financial and business model.
Soon, BtLux will accelerate the integration of NFT and physical enterprises based on years of experience in the implementation of blockchain physical scenarios, provide top-level business architecture design and digital economic model design for physical enterprises, and jointly build “blockchain” + “new ecology”, So that participants in the entire chain can benefit. It would bring tangible benefits to the real economy and the entire society, and be widely recognized by the society, making digital currency a living water, flowing in the real economy, and bringing benefits to the real economy more vitality and new power.
NFT is a new world brought about by the technological explosion era, and the digitalization process of the real world in the next ten years will also be greatly accelerated. In the future, only when NFT accelerates the deep integration of the real economy and the digital economy, the technological value of the blockchain will gradually emerge in this process. It will be able to bring new business models and reconstruct distribution models, market structures, organizational forms, and industry relationships to promote human beings to a new era of digital civilization, and in that, BtLux will become an indispensable promoter.
BtLux Official website: https://www.btlux.top/
About Author
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
Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages
Melbourne, Victoria, Australia, 6th Feb 2026 – Flying Dresses International has formally cemented its position as a global leader in experiential luxury, unveiling a new chapter of international activations that place couture, destination, and personal storytelling on some of the world’s most recognisable stages.
Over the past year, the brand has executed landmark experiences at locations rarely associated with fashion-led storytelling. These include a high-impact activation at Seattle’s Space Needle, a creative collaboration within Warner Bros. Studios in Los Angeles, and an international runway debut in Hawaii. Closer to home, Flying Dresses International has also taken to the runway in Tasmania and Cairns, marking its growing influence across Australia’s premium fashion and tourism markets.
What sets Flying Dresses International apart is not scale alone, but adoption. The brand has become a trusted creative partner for national pageant titleholders and international fashion ambassadors, positioning itself at the intersection of couture and cultural influence. These endorsements reflect a broader shift in luxury, where experience, symbolism, and authorship carry equal weight to design.
At the centre of this expansion is founder Maria Praljak, whose vision continues to shape the brand’s international relevance. A multi-award-winning entrepreneur, Praljak was recognised in both the Maldives and Dubai in 2025 for her contribution to global fashion tourism and women-led enterprise. With a background spanning law, politics, luxury yachting, and global travel, she has built Flying Dresses International into a platform that merges art direction, destination, and identity.
“We are not just a photoshoot; we are a foundry for modern icons,” says Maria Praljak, Founder of Flying Dresses International. “We provide the stage, the couture, and the art direction for a woman to forge her own ‘Insigne Dea’, a timeless testament to her power and her story.”
The January release of this announcement has been strategically timed to coincide with the commencement of Australia’s peak wedding season and the lead-up to major exhibitions in Melbourne. This timing positions Flying Dresses International directly in front of brides and luxury travellers during their most active planning window.
As the brand continues its international expansion across the United States, the Pacific, and Asia, Flying Dresses International is redefining how luxury fashion is experienced, documented, and remembered.
About Flying Dresses International
Flying Dresses International is a global luxury fashion and tourism brand specialising in high-impact couture experiences across iconic destinations. Operating across Europe, Asia, Australia, and the United States, the brand is known for combining statement gowns, cinematic art direction, and landmark locations to create powerful visual narratives for women worldwide. Flying Dresses International has become a recognised name within experiential luxury, pageantry, and destination fashion.
Instagram: @flying.dresses
Media Contact
Organization: Flying Dresses International
Contact Person: Maria Praljak
Website: https://flyingdresses.international/
Email:
maria@flyingdresses.international
City: Melbourne
State: Victoria
Country:Australia
Release id:41093
The post Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
- Elysium and Spotex Deliver Integrated Front-to-Back Digital Asset Trading Solution for the Institutional Market
- Decade-Long Partnership Expands from FX to Cryptocurrency with Live Deployment at Major Crypto Broker
Chicago, IL, 6th January 2026, ZEX PR WIRE, Elysium and Spotex today announce the integration of Spotex’s institutional trading platform with Elysium’s MatchHub post-trade infrastructure. The integrated solution delivers a seamless front-to-back workflow for digital asset trading and has been successfully deployed at an established cryptocurrency broker, enabling optimized execution, reconciliation, and settlement across multiple custodians and clearing venues.
The combined offering represents a natural evolution of the two firms’ decade-long collaboration in traditional OTC foreign exchange markets. As both companies expanded their capabilities to serve the growing institutional digital asset ecosystem, the integration creates a comprehensive solution for firms operating in both FX and cryptocurrency markets.
The platform leverages Spotex’s api-driven execution capabilities—including price discovery, matching engine, cross-asset liquidity aggregation, and fiat-crypto pair pricing—with MatchHub’s back-end infrastructure for trade reconciliation, counterparty credit management, and multi-party settlement optimization. This end-to-end solution addresses the nuanced challenges faced by institutional crypto brokers managing multi-custodial relationships and diverse clearing arrangements across both traditional and digital assets.
“The growth of the crypto OTC market is supported in part by quality off-chain liquidity.” said Chris O’Connor, CEO of Elysium. “Spotex’s execution capabilities enable brokers to create a deep and diverse liquidity stack and Elysium’s MatchHub solves the complexity of the post-trade workflows.
“Our long history with Elysium in FX markets made this integration a natural evolution,” said John Miesner, CEO of Spotex. “Deploying our proven execution capabilities in digital assets along-side Elysium’s robust post-trade capabilities delivers the same operational excellence that institutional clients expect from their FX trading operations.”
The live deployment at the cryptocurrency broker showcases the platform’s ability to handle high-volume institutional trading while maintaining rigorous reconciliation and settlement standards across traditional banking infrastructure and digital asset custodial relationships. The bundled solution is immediately available to all institutional digital asset trading firms seeking to streamline their liquidity and enhance operational efficiency.
About Elysium
Elysium’s flagship platform, MatchHub, is the post-trade engine trusted by makers, takers, brokers, and prime brokers in an ever-evolving digital asset market. MatchHub delivers real-time trade capture, netting, settlement, and integrated credit controls through a fully branded client portal. With a track record spanning traditional finance and a dedicated crypto focus since 2018, Elysium combines deep market knowledge with cutting-edge engineering to power the next generation of institutional digital-asset infrastructure. For more information, visit www.elysiumtechgroup.com
About Spotex
Spotex is a leading institutional liquidity and trade execution platform serving the FX and digital asset markets. The company provides sophisticated market participants with access to deep liquidity pools, advanced execution algorithms, and comprehensive market analytics. With a decade of proven performance in traditional FX markets, Spotex has expanded its platform to serve the growing institutional cryptocurrency market. For more information, visit www.spotex.com.
About Author
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
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
- Elysium and Spotex Deliver Integrated Front-to-Back Digital Asset Trading Solution for the Institutional Market
- Decade-Long Partnership Expands from FX to Cryptocurrency with Live Deployment at Major Crypto Broker
Chicago, IL, 6th January 2026, ZEX PR WIRE, Elysium and Spotex today announce the integration of Spotex’s institutional trading platform with Elysium’s MatchHub post-trade infrastructure. The integrated solution delivers a seamless front-to-back workflow for digital asset trading and has been successfully deployed at an established cryptocurrency broker, enabling optimized execution, reconciliation, and settlement across multiple custodians and clearing venues.
The combined offering represents a natural evolution of the two firms’ decade-long collaboration in traditional OTC foreign exchange markets. As both companies expanded their capabilities to serve the growing institutional digital asset ecosystem, the integration creates a comprehensive solution for firms operating in both FX and cryptocurrency markets.
The platform leverages Spotex’s api-driven execution capabilities—including price discovery, matching engine, cross-asset liquidity aggregation, and fiat-crypto pair pricing—with MatchHub’s back-end infrastructure for trade reconciliation, counterparty credit management, and multi-party settlement optimization. This end-to-end solution addresses the nuanced challenges faced by institutional crypto brokers managing multi-custodial relationships and diverse clearing arrangements across both traditional and digital assets.
“The growth of the crypto OTC market is supported in part by quality off-chain liquidity.” said Chris O’Connor, CEO of Elysium. “Spotex’s execution capabilities enable brokers to create a deep and diverse liquidity stack and Elysium’s MatchHub solves the complexity of the post-trade workflows.
“Our long history with Elysium in FX markets made this integration a natural evolution,” said John Miesner, CEO of Spotex. “Deploying our proven execution capabilities in digital assets along-side Elysium’s robust post-trade capabilities delivers the same operational excellence that institutional clients expect from their FX trading operations.”
The live deployment at the cryptocurrency broker showcases the platform’s ability to handle high-volume institutional trading while maintaining rigorous reconciliation and settlement standards across traditional banking infrastructure and digital asset custodial relationships. The bundled solution is immediately available to all institutional digital asset trading firms seeking to streamline their liquidity and enhance operational efficiency.
About Elysium
Elysium’s flagship platform, MatchHub, is the post-trade engine trusted by makers, takers, brokers, and prime brokers in an ever-evolving digital asset market. MatchHub delivers real-time trade capture, netting, settlement, and integrated credit controls through a fully branded client portal. With a track record spanning traditional finance and a dedicated crypto focus since 2018, Elysium combines deep market knowledge with cutting-edge engineering to power the next generation of institutional digital-asset infrastructure. For more information, visit www.elysiumtechgroup.com
About Spotex
Spotex is a leading institutional liquidity and trade execution platform serving the FX and digital asset markets. The company provides sophisticated market participants with access to deep liquidity pools, advanced execution algorithms, and comprehensive market analytics. With a decade of proven performance in traditional FX markets, Spotex has expanded its platform to serve the growing institutional cryptocurrency market. For more information, visit www.spotex.com.
About Author
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.
Flying Dresses International Solidifies Global Presence, Setting a New Standard for Experiential Luxury on the World’s Most Iconic Stages
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
Elysium and Spotex Launch Integrated Front-to-Back Digital Asset Trading Platform for Institutional Markets
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