Connect with us

Press Release

What’s the NFT game Tencent & Alibaba Rush into?

Published

on

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.

Continue Reading

Press Release

Sagtec Global CEO Highlights Strategic Progress in the First Half of 2026

Published

on

Kuala Lumpur, Malaysia, July 23rd, 2026, FinanceWire

Chairman and CEO Ng Chen Lok Shares How Sagtec Is Executing Its Long-Term Growth Strategy

Sagtec Global Limited (NASDAQ: SAGT), a leading provider of AI-driven technology solutions across Southeast Asia, today released a first-half 2026 shareholder letter from Chairman and Chief Executive Officer Kevin Ng Chen Lok. The letter highlights the Company’s strategic progress, AI commercialization initiatives, and execution of its long-term growth strategy following a record fiscal year 2025.

​Letter to Shareholders from Ng Chen Lok, Chairman and CEO

​Fellow Shareholders,

​As we reach the midpoint of 2026, I am pleased to share the meaningful progress Sagtec has made in executing our long-term growth strategy. Following a record financial year in 2025, our focus has shifted from building a scalable foundation to accelerating commercialization, expanding our AI ecosystem, and strengthening our recurring revenue platform.

​Strong First-Half Performance

​Our record FY2025 performance delivered revenue of US19.1 million (49% YoY growth) and gross profit of US4.3 million (up 45%). Software subscription revenue continued to strengthen, with our Speed+ platform contributing 62% of total revenue.

​For the first half of 2026, based on preliminary unaudited estimates, the Company expects revenue of approximately US11.23 million and gross profit of approximately US3.12 million, demonstrating strong operational momentum across key initiatives.

Expanding Our AI Platform

​Artificial intelligence remains at the core of Sagtec’s long-term growth strategy:

  • Sage AI: Launched our enterprise AI platform and secured a US$1.1 million enterprise deployment.
  • Sovereign AI Data Center: Announced the development of Malaysia’s Sovereign AI Data Center to provide secure computing infrastructure and support regional data sovereignty.
  • Halo AI POS System: Officially launched an AI-powered POS solution for chain retailers and multi-outlet restaurants, targeting approximately 10,000 subscribers by 2027 to generate US$1.0 million in annual recurring subscription revenue.

​Strategic Partnerships & Enterprise Pipeline

​A major H1 2026 milestone was our proposed acquisition of a majority stake in Malaya Heritage, a rapidly growing food and beverage operator, integrating Sagtec’s technology and digital payment ecosystem into consumer businesses. We also expanded our smart property ecosystem through strategic collaborations to embed AI and automation into future property developments.

​Beyond recurring software subscriptions, we continue to secure higher-value enterprise engagements through our subsidiary, CL Technologies (International) Sdn. Bhd., spanning AI implementation, cloud infrastructure, smart property tech, and data analytics.

Disciplined Execution & Unlocking Shareholder Value

​During H1 2026, we secured additional project funding participation to support strategic expansion while maintaining disciplined capital allocation.

​To maximize long-term shareholder value, Sagtec is currently working with advisers to evaluate the potential spin-off and separate independent listing of its subsidiary, CL Technologies (International) Sdn. Bhd. A potential spin-off could provide greater strategic flexibility and enhanced access to growth capital for both entities.

​Looking Ahead

​As we enter the second half of 2026, Sagtec continues its evolution from a regional software provider into an integrated AI technology platform. On behalf of the Board of Directors, I thank our employees, partners, and shareholders for their trust and continued support.

​Sincerely,

Ng Chen Lok

Chairman, CEO and Executive Director, Sagtec Global Limited

​About Sagtec Global Limited

​Sagtec Global Limited (NASDAQ: SAGT) is a Nasdaq-listed technology solutions specialist headquartered in Kuala Lumpur, Malaysia. The company provides customizable enterprise software solutions, AI-powered technologies, and digital transformation services—including its Speed+ smart ordering system and AI-driven SaaS platforms—serving over 12,000 clients across Malaysia, Southeast Asia, and the Middle East. For more information, users can www.sagtec-global.com.

​Forward-Looking Statements

​This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks regarding planned platform launches, revenue targets, data center development, and potential corporate spin-offs. Actual results may differ materially due to market adoption, competition, and regulatory changes. The Company undertakes no obligation to update forward-looking statements except as required by law.

Contact

Admin
WMEDIA
admin@wmedia.my

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.

Continue Reading

Press Release

CoinRabbit and GoMining Report: Managing Bitcoin Matters More Than Mining Volume

Published

on

Toronto, Canada, July 23rd, 2026, Chainwire

CoinRabbit and GoMining have published a report on Bitcoin mining profitability, showing why managing mined Bitcoin is becoming as important as producing it.

The report highlights how the post-halving environment is redefining success in mining, with operators relying on stronger treasury management, capital discipline, and long-term asset strategies to navigate tighter margins. With the block reward reduced to 3.125 BTC and network difficulty near record levels, operational efficiency alone is no longer enough. The next phase of mining will be shaped by smarter capital allocation and long-term conviction in Bitcoin.

The Four Pillars of the Bitcoin Mining Efficiency Mindset

The report presents a clear framework built around four key pillars:

1) Operational Cost Efficiency

Low-cost power procurement, high uptime, efficient cooling, and disciplined maintenance remain the foundation of any viable mining operation. These factors determine the baseline production cost and are essential for competitiveness.

2) Collateralization Over Liquidation

Instead of selling freshly mined Bitcoin to cover expenses, effective operators are using it as collateral. This approach allows them to meet short-term cash needs while retaining full ownership and long-term exposure to the asset’s value.

3) Operational Liquidity and Tax Optimization

Bitcoin-backed lending provides flexibility to cover recurring operating costs, including power, hosting, and payroll, while avoiding taxable sales. At the same time, it preserves the deductibility of operational expenses.

4) Long-Term Vision and Capital Discipline

Sustainable operators treat mining as a disciplined, capital-intensive business. They maintain the flexibility to hold Bitcoin through market cycles and reinvest in hardware upgrades when opportunities arise, avoiding forced sales during downturns.

The full report can be downloaded here.

Walter Barrett, Chief Strategy & Growth Officer at CoinRabbit, commented: “Long-term success is built on conviction in the assets you hold and the discipline to manage them through different market cycles. At CoinRabbit, we are proud to work with clients who share this long-term vision and recognize the value of staying focused through periods of uncertainty. We appreciate the collaboration with GoMining experts and their contribution to sharing deeper industry insights with the mining community.”

Jeremy Dreier, Chief Business Development Officer at GoMining and Managing Director of GoMining Institutional, added: “In the post-halving environment, discipline is critical. The miners that are winning are those with efficient operations and cash put aside for this exact time. This is the best possible moment to deploy capital into expanding your fleet, because it’s cheap to add hash rate when Bitcoin’s price is down. There’s a lot of opportunity in the market. At GoMining, this is our third bear market, and we’ve seen that the operators who are prepared look at these conditions as an opportunity. Those who aren’t prepared are the ones who panic.”

About CoinRabbit

CoinRabbit is a crypto asset management platform built for long-term capital preservation. It enables users to manage liquidity seamlessly across instant payments, lending, trading products, and the Private Program — all within a single ecosystem. Since 2020, CoinRabbit ensures 100% capital reserve, keeping clients’ funds safe and never reused.

For more information, users can visit coinrabbit.io

About GoMining

GoMining is an all-in-one Bitcoin ecosystem that makes it simple and secure to mine, earn, and use Bitcoin every day. GoMining serves 5 million users and ranks among the top-10 Bitcoin miners by hashrate globally, with data centers in the U.S. and internationally. The company makes Bitcoin accessible through tokenized hashrate, daily BTC rewards, and an expanding suite of payment and earning products. 

For more information, users can visit gomining.com

Contact

CMO
Irene Afanaseva
CoinRabbit
marketing@coinrabbit.io

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.

Continue Reading

Press Release

Introducing Permissioned Pools on Uniswap v4

Published

on

New York, USA, July 23rd, 2026, FinanceWire

Uniswap Labs today announced Permissioned Pools, a new hook standard for Uniswap v4 that enables permissioned asset trading through Automated Market Makers (AMMs) with compliance enforced directly onchain.

Permissioned Pools were built in collaboration with leading teams bringing regulated assets onchain. Launch partners include Superstate, Securitize, and Dowgo: part of a growing set of issuers and platforms seeking compliant access to onchain markets for tokenized funds, securities, equities, and other permissioned assets. 

Bringing permissioned assets to AMMs

The tokenized asset market is estimated to reach $11 trillion by 2030. As more regulated assets move onchain, issuers need infrastructure that can enforce each asset’s compliance rules. Uniswap Permissioned Pools are the first generalized, open source, institutional-grade standard for trading regulated assets on an AMM. Instead of relying on a frontend gate or an offchain compliance check, the pool itself verifies whether a wallet is approved before a swap or liquidity action can go through. The issuer keeps control of the allowlist, while approved users can access onchain trading and settle through Uniswap v4.

For issuers, this opens a path to AMM liquidity and DeFi composability without giving up required controls. For approved investors, it means direct onchain trading for assets that previously couldn’t trade on an AMM at all. 

How Permissioned Pools work

Permissioned Pools use Uniswap v4 hooks to extend the functionality of a regular pool without breaking the security and interoperability guarantees of the protocol. The particular hook implements logic that checks an issuer-managed allowlist on every swap, verifies allowlist status before a user mints an LP position, and provides support for the administration controls permissioned assets require. These checks happen at the protocol level, not on the frontend.

Behind the scenes, the design uses Uniswap v4 virtual accounting to perform all exchange calculations remotely while permissioned assets remain held in a permissioned contract. You can learn more about this mechanism in the docs.

Uniswap powers tokenized value

Permissioned Pools bring a new standard for compliant trading, while the protocol itself stays permissionless. Developers and asset issuers can choose the approach that fits: deploy pools and build on v4 permissionlessly, or deploy a permissioned pool for a specific asset.

Tokenization’s next phase needs standardized market infrastructure that can handle compliance requirements, without compromising permissionless access. Permissioned Pools are the result of deep collaboration between the teams defining the standard, the teams building the compliance layer beneath it, and the issuers and assets putting it to use.

Superstate, an early design partner, helped shape the Permissioned Pool standard for tokenized equities and funds. Uniswap Labs and Securitize collaborated early on to ensure DS Protocol-issued tokens could trade compliantly onchain, laying the groundwork that Permissioned Pools now extends. Dowgo contributed the ERC-3643 integration for Permissioned Pools, and will use the standard once they receive DLT TSS authorization under the EU’s DLT Pilot Regime.

With these institutions already building on the hook, Permissioned Pools lay the groundwork for the next generation of value coming onchain.

Get started

For more information, visit the developer docs, or contact the Uniswap Labs team.

About Uniswap

Uniswap is the largest decentralized trading venue, having processed over $4.5T in volume with zero hacks. It is trusted by institutions like BlackRock, Fidelity, and Anchorage. Uniswap Labs is a core contributor to the Uniswap Protocol and builds products that make it easy to access and build on Uniswap including the Uniswap Web App, Wallet, and Trading API.

For more information, please visit:

Website | X/Twitter | LinkedIn

About Superstate

Superstate partners with issuers to bring securities onchain, enabling access to new investor capital and modern financial markets. Through Opening Bell, Superstate partners with companies issuing tokenized equity. Through FundOS, it serves asset managers launching tokenized funds. Both platforms support compliant issuance, record keeping, direct investor registration, and onchain market integration via their SEC-registered transfer agency infrastructure. Superstate’s flagship funds USTB (now the Invesco Short Duration US Government Securities Fund) and USCC (now the Bitwise Crypto Carry Fund) validated this infrastructure at institutional scale before transitioning to leading asset managers on FundOS. Learn more at superstate.com.

About Securitize

Securitize, the world’s leader in tokenizing real-world assets with $5B+ AUM (as of July 2026), is bringing the world onchain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, BNY, Hamilton Lane, KKR, VanEck and others. In the U.S., Securitize operates through its affiliates, including Securitize Markets, LLC, an SEC-registered broker-dealer and member FINRA/SIPC that operates an SEC-regulated Alternative Trading System (ATS); Securitize Transfer Agent, LLC, an SEC-registered transfer agent; Securitize Capital, LLC, which has applied for SEC registration as an investment adviser and files as an exempt reporting adviser pending effectiveness; and Securitize Fund Services, LLC, which provides fund administration services. In Europe, Securitize operates through its affiliate Securitize Europe Brokerage and Markets, S.A., which is fully authorized as an Investment Firm and operates a Trading & Settlement System (TSS) under the EU DLT Pilot Regime, making Securitize Corp. currently the only company, based on its existing U.S. and EU regulatory authorizations, licensed to operate regulated digital-securities infrastructure across both the U.S. and EU. Securitize has also been recognized as a 2026 Forbes Top 50 Fintech company.

For more information, please visit:

Website | X/Twitter | LinkedIn

About Dowgo

Dowgo is building a European regulated marketplace where shares, bonds and fund units are issued, traded and settled in tokenized form. Developed as a DLT Trading and Settlement System under the EU DLT Pilot Regime (EU 2022/858), for which its authorization is currently under review by the French authorities, its venue will enable issuers to raise capital and access a regulated secondary market operating 24/7, giving banks, brokers and professional investors direct access to on-chain markets. Securities are issued natively as ERC-3643 permissioned tokens on public Ethereum, meaning the tokens are the securities themselves rather than representations of assets held elsewhere, and settle instantly through atomic delivery-versus-payment in MiCA-compliant e-money tokens. Dowgo operates the market and never holds client assets or keys.

Contact

Bridgett Frey
Uniswap Labs
media@uniswap.org

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.

Continue Reading

LATEST POST