Fintech PR
Born for Initial Launches: Coinstore’s Brand Launch Conference Comes to a Successful Conclusion
SINGAPORE, Sept. 13, 2023 /PRNewswire/ — On September 12, the crypto field ushered in an exciting moment. Serving emerging markets, Coinstore’s Brand Launch Conference 2023 successfully concludes at Singapore’s Fullerton Hotel. After more than two years of development, Coinstore makes its global brand debut.
As one of the fastest growing trading platforms in 2022, Coinstore unites high-quality premium assets to empower global project launches. Coinstore strives to make transactions easier, make assets safer, and make cryptocurrency accessible to every corner of the world.
Coinstore Reaches A New Milestone in This Global Debut
As the brand’s debut, Coinstore announced its new brand revelation, product upgrades and future strategies for the outside world. The venue was packed and the press conference saw many industry experts. More than 100 venture investors, over 50 well-known companies, and a total of more than 400 crypto enthusiasts gathered to witness Coinstore’s brand milestone.
James, Coinstore’s Global Head of Business Development, introduced the brand’s development history as well as its future brand strategy and vision. Since Coinstore launched its spot trading system, it has served more than 500 global projects and provided transactions for 3.6 million crypto enthusiasts in 175 countries and regions.
In order to announce the Coinstore brand to the world, Coinstore’s Business Development Associate Director, Manfred Chew, introduced new brands and products. Coinstore represents the future of cryptocurrency trading. Named the Best Exchange in Asia by Crypto 306 and the Best Rising Star by Crypto Expo, Coinstore is revolutionizing the world of crypto finance. Coinstore uses innovative products to provide crypto enthusiasts with a one-stop solution for cryptocurrency trading, protect the security of users’ assets, screen high-quality assets for users, and allow more high-quality assets to be launched on Coinstore.
Regarding the discussion of cryptocurrency infrastructure, Jide Fashola from Cardano delivered a keynote speech and believed that cryptocurrency represents the future of currency and ensures secure and fast direct transfers through blockchain technology. Advancing the construction of public digital infrastructure, cryptocurrency serves as a practical tool in financial and social systems. It provides facilities for fair financial services to everyone, thereby fostering greater financial inclusivity.
In the impassioned discussion titled “The Evolution of Web3 Gaming and Upcoming Trends to Look Out For” roundtable session, guests discussed the evolution of Web3 games, communicated about the current situation of Web3 games, and shared solutions for the transition of games from Web2 to Web3. They also analyzed upcoming trends in Web3 gaming and delved into the evolution of its tokenomics, all aimed at collectively driving the development of Web3 gaming.
To explore the functioning of decentralized gaming, Daniel Oon, the head of My Neighbour Alice, delivered a keynote speech titled “The Decentralized Game.” In it, he shared insights into the logic of decentralized gaming and discussed the importance of focusing on user self-expression and collaboration when building fully decentralized games. Targeting Web3 users, the ability to create NFTs for self-expression was emphasized, ultimately paving the way for users to build their own Web3 worlds.
In another roundtable discussion titled “With The Integration of AI With Blockchain, How Will This Impact The Trend of The Crypto Market and How Do We Expect It To Evolve”, the guests discussed how artificial intelligence brings more possibilities to cryptocurrency, further increasing the use value and popularity of cryptocurrency.
Discussing the trends of artificial intelligence’s impact on cryptocurrency, the event provided crypto enthusiasts with deeper insights into digital currencies and Web3 considerations.
As Web3 becomes a trend and asset security emerges as a pressing issue in the crypto sphere, Liu Yang, the head of MetaTrust Labs, delivered a talk titled “Builder-first Web3 Security.” Noting the increasing number of crypto-related hacks, Liu Yang addressed the unique characteristics of Web3—its unregulated, irreversible, transparent, and open nature—which make assets vulnerable to attacks. He provided the crypto enthusiasts in attendance with valuable insights into Web3 security considerations.
Facing the bear market in the crypto circle, Joey Cheah, head of NoahSwap, said in her speech that the cryptocurrency market is facing growing challenges, with 70% of holders suffering capital losses in the bear market in 2022. NoahSwap aims to accept the challenges of crypto investment and assist Global users reduce investment losses.
The successful execution of Coinstore’s brand launch event marks the emerging brand’s challenge to industry giants, offering more choices to crypto users. Coinstore’s global brand debut also accelerates its positioning in the crypto and Web3 landscapes.
Empowering high-quality premium assets for its global debut
Born in a bull market and steadfast in a bear market, Coinstore has rapidly risen to become one of the fastest-growing trading platforms in the past two years. Since launching its spot trading system on June 11, 2021, Coinstore has provided trading services to crypto enthusiasts in 175 countries or regions, with Indonesia, India, and Nigeria emerging as the top three countries in terms of registered users.
Focusing on emerging markets and empowering high-quality assets, Coinstore has built itself into the world’s leading exclusive premium listing platform. The slogan is “The First Choice For the Initial Launch”. Through meticulous screening and expert evaluation, Coinstore lists quality premium assets for its users.
Coinstore provides VIP services for online projects, and has a dedicated delivery department to provide one-to-one services for projects and assist in the overall listing, marketing and operation of the project. This is also the basis for Coinstore to select high-quality projects for its users.
Coinstore remains committed to simplifying trading, securing assets, and unearthing quality assets for its users, leading to the inception of Coinstore Launchpad. As of September 5, 2023, Launchpad projects have seen an average oversubscription rate of 227% this year, with the best-performing project, SOIT. As of June, projects launched on Prime have seen an average value increase of 1071%. Launchpad has become one of Coinstore’s most popular and successful products.
To disseminate knowledge about blockchain and Web3 and to bring cryptocurrency understanding to a broader audience, Coinstore has launched two major offline events: “CS Connect” and “Cryptalk.” In 2023, Coinstore aims to expand its reach by hosting over 30 Cryptalk events and 50 CS Connect events, covering more than 20 countries.
Coinstore continuously rolls out financial innovations with the aim to offer more inclusive digital financial services to its global user base. In March 2022, Coinstore launched Web 3.0, utilizing wallets as a gateway to bridge the gap between centralized and decentralized exchanges, thereby offering users a one-stop solution for digital asset management.
Coinstore will continue to build a Web3 security ecosystem, adhere to technological product innovation under the premise of legal compliance and controllable risks, create a new secure digital world, and promote the application of Web3 and other technological innovations.
In the name of blockchain technology, the power of Web3 technology for good is unleashed. Coinstore firmly believes in the power of crypto to bring cryptocurrency ownership to more people and make it universally accessible in every corner of the world.
Since its inception, Coinstore has been quietly contributing to empowering the emerging world with crypto strength. With the global launch of Coinstore’s brand event, it proclaims the magical power of crypto to the world. One small step for the crypto community, one giant leap for Coinstore. Together, we witness the alternating bull and bear markets and the transformative impact of the crypto world.
View original content:https://www.prnewswire.co.uk/news-releases/born-for-initial-launches-coinstores-brand-launch-conference-comes-to-a-successful-conclusion-301926048.html
PALO ALTO, Calif., Jan. 15, 2025 /PRNewswire/ — BitGo, the leading digital asset infrastructure solutions provider since 2013, is pleased to announce that Brett Reeves has been appointed Head of European Sales, a role he takes on in addition to his existing position as Head of Go Network. His new title is Head of Go Network and European Sales.
Brett joined in May 2024 and has since then overseen the expansion of BitGo’s presence in Europe, which includes onboarding new clients and partners and expanding the volume and scope of business across multiple jurisdictions within the European Union and UK.
Brett Reeves, Head of Go Network and European Sales, said:
“Since joining BitGo last year, it has been an intense and rewarding journey. Alongside growing the business our focus has been on obtaining the necessary licenses to achieve MiCA compliance, ensuring we are fully prepared for a comprehensive rollout of our Custody, Wallets, Staking, Trading and Financing services across Europe. With a growing team and increasing demand for secure, well-regulated digital asset solutions, we are highly optimistic about the opportunities 2025 holds for us.”
Brett has twenty years’ experience in the financial services industry having worked at Citibank, Nomura and Standard Chartered Bank. His background includes working within Prime Brokerage and OTC teams within the FX and interest rates markets. Most recently Brett was the Head of Business Development at the Bequant, a regulated digital asset Prime Broker.
About BitGo
BitGo is the leading infrastructure provider of digital asset solutions, offering custody, wallets, staking, trading, financing, and settlement out of regulated cold storage. Founded in 2013, BitGo is the first digital asset company to focus exclusively on serving institutional clients. BitGo is dedicated to advancing a digital financial services economy that is borderless and accessible 24/7. With multiple Trust companies around the world, BitGo is the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries, including many of the world’s top brands, cryptocurrency exchanges, and platforms. BitGo also secures approximately 20% of all on-chain Bitcoin transactions by value and is the largest independent digital asset custodian.
W: https://www.bitgo.uk/
L: https://www.linkedin.com/company/bitgo/
X: https://x.com/BitGo
View original content:https://www.prnewswire.co.uk/news-releases/bitgo-appoints-brett-reeves-as-head-of-european-sales-complementing-his-go-network-role-302350962.html
SINGAPORE, Jan. 15, 2025 /PRNewswire/ — Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), today announced that Wanshi Lin has been appointed as the Head of Singapore, effective immediately.
In this newly created position, Lin will oversee the company’s underwriting team in Singapore and spearhead business planning and market engagement on the company’s Lloyd’s Singapore platform. The establishment of a new leadership role in Singapore is demonstrative of Markel’s ongoing commitment to expanding its Asia Pacific operations and underwriting capabilities.
Lin will report to Christian Stobbs, Managing Director – Asia Pacific, in her new capacity.
Stobbs commented: “I’m thrilled about the energy and innovative ideas Wanshi will bring to this pivotal role. Singapore is our largest marketplace in the region for specialty products, and I’m confident that, under her leadership, we’ll further enhance our relationships with brokers and clients while building on the strong momentum achieved in recent years.”
Kevin Leung, Chief Underwriting Officer – Asia Pacific, adds: “It’s a delight to see Wanshi progress to take on this role. Her extensive experience, strategic insight and understanding of the Singapore market will be instrumental in strengthening our commitment to providing underwriting excellence to this important regional hub.”
Lin joined Markel in 2018 as an Assistant Underwriter – Marine, and since 2023 has been Senior Underwriter – Marine. Prior to Markel, Lin was Assistant Vice President at Marsh Singapore.
About Markel
We are Markel, a leading global specialty insurer with a truly people-first approach. As the insurance operations within Markel Group Inc. (NYSE: MKL), we operate the Markel Specialty, Markel International, and Markel Global Reinsurance divisions, as well as State National, our portfolio protection and program services operations, and Nephila, our insurance-linked securities operations. Our broad array of capabilities and expertise allow us to create intelligent solutions for the most complex risk management needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.
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View original content:https://www.prnewswire.co.uk/news-releases/markel-elevates-wanshi-lin-to-newly-created-head-of-singapore-position-302350760.html
Fintech PR
FinVolution’s SVP Ming Gu speaks at Asian Financial Forum, highlighting opportunities in CreditTech for Southeast Asia’s underserved
HONG KONG, Jan. 15, 2025 /PRNewswire/ — FinVolution Group (NYSE: FINV), a leading fintech service provider in the pan-Asian region, reaffirmed its commitment yesterday to advancing financial inclusion through cutting-edge credit technology and strategic partnerships at the Asian Financial Forum 2025 in Hong Kong.
Dr. Ming Gu, Senior Vice President of FinVolution Group, shared his insights on how fintech innovation is transforming access to credit for underserved populations in Southeast Asia.
“Fintech is creating new pathways for underserved populations to access credit and financial support, empowering them to invest in their futures,” he said at a thematic workshop on the future of fintech in Southeast Asia.
Driving financial inclusion through innovation
Gu emphasized FinVolution’s mission to bridge the gap between financial institutions and underserved communities by leveraging advanced credit technology.
The company has built its business around serving young workers and small business owners from grassroots backgrounds, whose financial needs are often overlooked by traditional banks and other financial institutions.
Through user-friendly digital lending platforms and collaborations with local partners, FinVolution has supported over 6 million borrowers and facilitated loans exceeding US$3 billion in its markets outside China as of Q3 2024.
FinVolution’s AI-powered tools enable financial institutions to better assess creditworthiness, particularly for those without traditional credit histories, Gu explained.
Opportunities and challenges in Southeast Asia’s market
Gu highlighted Southeast Asia’s potential as a key growth market for fintech, driven by its young population, e-commerce growth, and credit-driven consumption habits.
“Very few regions in this world can meet all these criteria,” he said, highlighting the underpinnings of Southeast Asia’s ascent as a fintech powerhouse. “Digital lending always goes hand in hand with the growth of e-commerce.”
“The number one factor driving financial inclusion and literacy is GDP per capita,” Gu said. “Fintech and other technologies serve as a tool to facilitate this process, but it is GDP per capita that remains the cornerstone of development.”
For instance, Indonesia’s ambitious Golden Indonesia 2045 Vision aims to accelerate the nation’s economic growth by at least 5% annually over the next two decades.
This initiative reflects the nation’s commitment to fostering financial inclusion and leveraging technology as a catalyst for sustainable progress.
“Indonesia is the place to watch over the next five to 10 years,” Gu added. “We are very bullish on Southeast Asia.”
Symbiotic relationship with regulators and financial partners
Despite these opportunities, challenges such as the lack of credit histories and increasing fraud risks persist, threatening the future of fintech in this region.
FinVolution combats these issues with advanced proprietary risk management systems and fraud prevention technologies.
Gu stressed the collaboration with regulators and financial institutions in creating a robust and inclusive financial ecosystem.
FinVolution itself adheres to stringent regulatory standards, securing necessary licenses and aligning with local laws. This endeavor coincides with steady improvements to Southeast Asia’s regulatory stringency in recent years, which are credited for creating an environment conducive to fintech innovation.
“I believe a symbiotic relationship between regulators and fintechs like us is crucial to Southeast Asia’s rise as a key global fintech hub,” Gu noted.
With over 100 financial institution partners, including digital banks and consumer finance companies, FinVolution provides end-to-end credit tech solutions that streamline processes and expand outreach.
FinVolution Group remains dedicated to driving financial inclusion and innovation in Southeast Asia. With a focus on technology and collaboration, the company aims to empower individuals and communities while fostering a thriving fintech ecosystem in the region.
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View original content:https://www.prnewswire.co.uk/news-releases/finvolutions-svp-ming-gu-speaks-at-asian-financial-forum-highlighting-opportunities-in-credittech-for-southeast-asias-underserved-302351545.html
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