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Japan’s Biggest Cashless App Takes 40% Stake in Binance Japan in Bid To Drive National Web3 Adoption
Yahoo Finance· 2025-10-09 12:32
Core Insights - PayPay Corporation has acquired a 40% equity stake in Binance Japan, enhancing its position in the crypto market [1][8] - The partnership aims to integrate crypto services into PayPay's existing platform, potentially transforming digital asset adoption in Japan [2][4] Company Developments - The acquisition makes Binance Japan an equity-method affiliate of PayPay, although financial terms were not disclosed [2] - The first phase of integration will allow users to buy crypto using PayPay Money and withdraw into the app's digital wallet [5] Industry Context - Japan has a robust regulatory framework for crypto, but adoption has been slow; this partnership could accelerate the integration of digital assets into mainstream finance [3][9] - The collaboration reflects a broader trend in Asia where financial and technology firms are integrating blockchain into existing financial systems rather than treating it as a separate entity [9]
SOLOWIN HOLDINGS Announces New Trading Symbol “AXG”
Globenewswire· 2025-10-09 12:30
Core Viewpoint - Solowin Holdings is undergoing a significant transformation by focusing on Web3 business through the acquisition of AlloyX Limited and the development of AX Coin, which positions the company at the forefront of asset tokenization and global digital payments [1][3]. Company Developments - The company's Class A ordinary shares will begin trading under the new ticker symbol "AXG" on Nasdaq effective October 10, 2025, reflecting its strategic shift [1]. - Solowin's subsidiary, Solomon JFZ (Asia) Holding Limited, has obtained upgraded crypto licenses from the Hong Kong Securities & Futures Commission and is actively participating in the spot BTC/ETH ETFs market [2]. - The acquisition of AlloyX in September 2025 combines Solowin's traditional finance strengths with AlloyX's technological innovations, creating a compliant ecosystem that bridges traditional finance and the crypto economy [6]. Strategic Initiatives - The company plans to launch a USD 100 million ecosystem fund, AX Venture, aimed at accelerating innovation in the digital asset landscape, focusing on stablecoin infrastructure and tokenization technology [3]. - AX Coin is being developed as a next-generation payment instrument to enhance cross-border payment efficiency and promote a compliant ecosystem [6]. - The launch of the Ferion RWA platform provides end-to-end digital asset solutions, including tokenization and compliance management [6]. Leadership Insights - The CEO of Solowin emphasized that the new ticker "AXG" embodies the company's vision and strategic direction, aiming to capture opportunities in the evolving digital finance landscape [3][4].
X @Wu Blockchain
Wu Blockchain· 2025-10-09 12:11
Conversation with Summer Capital's Joseph Chee: Why Is This Veteran Investor Going All In on Web3?Joseph Chee said that Global financial assets are estimated at around $500 trillion, and this sector is still significantly underdeveloped. There are two reasons for this: one is that people believe these outdated systems are fine, and the second is that stakeholders are reluctant to change the status quo. The design of DAT products allows them to offer investment opportunities to larger funds, driving the pric ...
Astra, a Subsidiary of Robo.ai, Secures Development and Procurement Order for 30,000 Smart Electric and Autonomous Vehicles (AEVs) with W Motors
Prnewswire· 2025-10-09 11:53
Core Insights - Robo.ai Inc.'s subsidiary Astra Mobility Meta has entered a commercial agreement with W Motors to co-develop intelligent electric vehicles, with W Motors planning to procure at least 30,000 vehicles over the next five years [1][2] Group 1: Agreement Details - The collaboration involves end-to-end vehicle design, development, validation, and production for various applications including last-mile delivery and autonomous vehicles [1] - Astra will lead product design and development, while W Motors will manage local manufacturing and customization in the UAE [1] - The development cycle is expected to last 12 months, with production starting in 2026 and the first proof-of-concept vehicle deployment within three months [1] Group 2: Technological Integration - The vehicles will be connected to Arkreen's green-energy data network, enabling on-chain records for energy use and mobility data [2] - This integration aims to create a verifiable digital identity for each vehicle, enhancing its operational capabilities [2] - The collaboration is positioned as a significant upgrade for the Middle East's smart-manufacturing ecosystem [2] Group 3: Company Backgrounds - Astra focuses on AI-enabled mobility innovation and is developing Level 4 autonomous driving technologies [3] - W Motors, established in 2012, is recognized for high-performance luxury sports cars and has evolved into a comprehensive mobility solutions provider [4] - Robo.ai Inc. aims to build a global AI robotics network and transform into a decentralized AI asset platform [5]
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-10-09 11:32
RT THE HUNTER ✴️ (@TrueGemHunter)GM legends ☕Every sunrise = new chance to build, let's connect, and grow. 🌱@kloutgg pushing creator power to the next level ⚡@idOS_network building identity the right way, user-owned, privacy-first 🔐Keep grinding, greatness is loading. 🚀#GM #Web3 #Crypto https://t.co/b31A9tzXfJ ...
X @CryptoJack
CryptoJack· 2025-10-09 11:01
Your community is your edge in #Web3. 💬 ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-10-09 10:51
RT THE HUNTER ✴️ (@TrueGemHunter)GM legends ☕Every sunrise = new chance to build, let's connect, and grow. 🌱@kloutgg pushing creator power to the next level ⚡@idOS_network building identity the right way, user-owned, privacy-first 🔐Keep grinding, greatness is loading. 🚀#GM #Web3 #Crypto https://t.co/b31A9tzXfJ ...
联众(06899) - 达成復牌指引及恢復买卖
2025-10-09 10:33
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責,對其準確性或完整性亦不 發表任何聲明,並明確表示,概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損 失承擔任何責任。 OURGAME INTERNATIONAL HOLDINGS LIMITED 聯 眾 國 際 控 股 有 限 公 司* ( 根據開曼群島法律註冊成立之有限公司) (股份代號:6899) 達成復牌指引 及 恢復買賣 本公司之財務顧問 本公告乃由聯眾國際控股有限公司(「本公司」)根據香港聯合交易所有限公司(「聯交所」)證 券上市規則(「上市規則」)第13.09 (2) (a)條以及香港法例第571章證券及期貨條例第XIVA部項 下內幕消息條文( 定義見上市規則)作出。 茲提述(i)本公司日期為二零二四年三月二十七日、二零二四年三月二十八日、二零二四年 四 月 十 九 日 、 二 零 二 四 年 五 月 十 日 、 二 零 二 四 年 五 月 二 十 一 日 、 二 零 二 四 年 六 月 二 十 七 日、二零二四年六月二十八日、二零二四年八月十一日、二零二四年八月十三日、二零二 四年八月三十日、二零二四年九 ...
X @THE HUNTER ✴️
GEM HUNTER 💎· 2025-10-09 10:10
GM legends ☕Every sunrise = new chance to build, let's connect, and grow. 🌱@kloutgg pushing creator power to the next level ⚡@idOS_network building identity the right way, user-owned, privacy-first 🔐Keep grinding, greatness is loading. 🚀#GM #Web3 #Crypto https://t.co/b31A9tzXfJ ...
X @BitMart
BitMart· 2025-10-09 09:58
ICYMI: In our latest #KseniaConnects, we explored “From Token2049 to Uptober: Navigating the Next Bullish Wave” - a deep dive into market sentiment, new narratives, and what’s next for crypto with leaders from Jpool, https://t.co/mXtSMVK8zA, BlockHaus, and more.🎯 Key highlights from the discussion:"The next wave of adoption will be driven by real-world assets - from reinsurance and land to debt - as traditional finance moves on-chain.”- Sonny, Jpool @JpoolSolana“New narratives like perpetuals, prediction ma ...