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Intellabridge Partners with Terra and Launches Kash Alpha Product

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Intellabridge, one of the first Terra-based projects funded by Terraform Capital, has launched the Alpha version of its user-friendly Kash app — bringing payments, savings, and investing to users in emerging markets around the world.

Vancouver, British Columbia and Boulder, Colorado–(Newsfile Corp. – March 31, 2021) – Intellabridge Technology Corporation (CSE: INTL) (OTC Pink: CRBTF) (FSE: 98AA), an emerging fintech blockchain company, has announced the launch of its Alpha version of Kash — a decentralized mobile banking app that brings secure financial blockchain products to the mainstream economy.

Kash was developed in partnership with Terra, the public blockchain network deploying a suite of fiat-pegged algorithmic stablecoins, as one of the first projects funded by Terraform Capital — the strategic investment arm of Terraform Labs. Kash’s unique design will accelerate market access to investment, payments, and savings primitives sourced from the decentralized finance (DeFi) market, which has accrued more than $82 billion in total value locked (TVL) at an astounding clip since early 2020.

“We are extremely excited to join the Terra ecosystem with its suite of stablecoins and protocols, Anchor and Mirror, which offer very exciting opportunities for the fintech sector. Our integration with Terra will allow anyone to use Terra’s assets and applications in a simple user experience, and is an important step forward to solving problems of high inflation and exorbitant remittance fees and processing times,” says John Eagleton, CEO of Intellabridge. “As Terra’s infrastructure continues to evolve with new functionality across multiple protocols, we look forward to working together to bring Terra’s applications to the mass market.”

Kash primarily focuses on targeting users in emerging markets and has integrated the full suite of Terra stablecoins and protocols into one seamless banking application to provide users with savings, checking, and investment applications. In particular, Kash furnishes unfettered access to Mirror Protocol, a synthetic assets protocol, and Anchor, a stable, high-yield (20% APY) savings protocol — both built on Terra.

Via Kash, users in inflationary-prone regions like Argentina, Lebanon, and Turkey can tap into high yield savings accounts denominated in Terra’s USD-pegged stablecoin, UST, using Anchor. Additionally, Mirror empowers users in financially disenfranchised regions to participate in the wealth creation of major markets previously precluded to them, such as ETFs and major US tech equities, without censorship or onerous fee structures.

Intellabridge’s integration with Terra is based on a shared vision of solving the problem of high inflation for more than one billion people globally. Empowering financial freedom using interest-bearing stablecoins (that are easily transferable and exchangeable) requires a user-experience (UX) conducive to mass adoption. Kash’s intuitive design provides customers with financial independence, purchasing power, stability, and security with the underlying feature set sourced from Terra’s DeFi ecosystem.

“We’re thrilled to support Intellabridge’s Kash app as a vehicle for the mass adoption of stablecoins using high-yield savings, global payments, and accessible investing through the Terra network,” says Do Kwon, Co-Founder and CEO of Terraform Labs. “User-friendly apps like Kash can serve as a gateway to the burgeoning DeFi ecosystem — an inclusive and powerful market of financial tooling for a global set of users facing economic burdens and financial challenges.”

Kash gives customers the power to decide how to save, invest, send, and spend at a fraction of the cost — with instant settlement and improved accessibility relative to traditional financial markets. Kash’s open Alpha is live today on testnet, with the expected mainnet launch in Q2. Moving forward, Terraform Capital will provide various resources and capital to support the Kash product and grant broader access to the Terra ecosystem for Kash users.

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About Terra

Terra is a Tendermint-based, public PoS blockchain network built on the Cosmos SDK. Terra is the first and most successful algorithmic stablecoin network where Terra’s native asset, LUNA, collateralizes a suite of fiat-pegged stablecoins that can be swapped in a multi-fiat forex market baked into the network’s protocol. Demand for applications built on top of the Terra blockchain, such as the payment app Chai with 2 million active users, the synthetic assets protocol Mirror with more than $800 million in TVL, and now the mainstream savings vehicle, Anchor, underpins the demand for Terra stablecoins. As demand for Terra’s stablecoins increases via its applications, LUNA stakers capture the value of the network in swap fees, transaction fees, and a reduced supply of LUNA tokens.

About Intellabridge Technology Corporation

Intellabridge Technology Corporation is a fintech blockchain technology company that owns Kash, the decentralized financial application. The current Alpha version of the product is available on the web and mobile in the testing phase with the objective to pilot and process transactions in advance of a fully audited and security-tested live release in Q2 2021. For access to the Kash Alpha version visit www.kash.io and for more information on Intellabridge, visit www.intellabridge.com.

ON BEHALF OF THE BOARD of DIRECTORS

INTELLABRIDGE TECHNOLOGY CORPORATION

“John Eagleton”
John Eagleton, CEO

To contact Intellabridge:

Website: intellabridge.com
Phone: +1-303-800-5333
Email: [email protected]

The CSE does not accept responsibility for the adequacy or accuracy of this release.

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Forward-Looking Statements

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the word “will” and similar expressions are intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Such forward-looking statements should not be unduly relied upon. Actual results achieved may vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. The Company believes the expectations reflected in those forward-looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct. The Company does not undertake to update these forward-looking statements, except as required by law.

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/79066

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HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry

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SINGAPORE, Jan. 10, 2025 /PRNewswire/ — The year 2024 marks a significant chapter in the history of the crypto industry, where we witnessed continuous breakthroughs in blockchain technology, surges in Bitcoin price, and a gradually more open regulatory environment, with cryptocurrencies gaining increasing recognition from the mainstream. As 2025 unfolds, HTX, the world’s leading digital asset exchange, has released its latest report, HTX 2024 Global Web3 Blockchain Ecosystem Review and 2025 Outlook, which provides forward-looking insights into the development prospects of the crypto industry.

Key Sectors for 2025

In the report, HTX highlighted five key sectors that showed encouraging progress last year, and will continue to closely monitor these areas in 2025.

Bitcoin Ecosystem

In 2024, Bitcoin’s market dominance kept increasing, solidifying its position as the core asset, with spot ETFs acting as liquidity channels, and U.S. listed companies such as MicroStrategy (MSTR) serving as the vehicles to absorb unlimited dollar liquidity.

As a result, it is increasingly essential to further develop Bitcoin’s ecosystem and enhance capital utilization efficiency. With strong support from macro markets and infrastructure support, a further surge in Bitcoin demand over the next two years is well-anticipated.

Infrastructure

Infrastructure remained a cornerstone in 2024’s crypto investments and funding. The synergy between capital and technology has driven the rapid development of Layer 1, Layer 2,  and middleware projects, among others.

Layer 1 solutions, in particular, now represent the focal point of technical development and exploration within the crypto space, and it is expected to remain a priority for development resources and capital investment in the future.

Meme Coins

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The Meme coin sector emerged as a hotspot in 2024, fostering community consensus while integrating with fields like DeFi and GameFi to create new use cases. As the crypto market environment grows increasingly favorable, more retail investors are expected to enter the market, positioning Meme projects as vital channels for capital inflows.

AI

In 2024, the intersection of Crypto and AI sector has been driving the exploration of several segmented fields, the hottest one of which is AI agents. In the future, AI agents will gradually become personal butlers and assistants for users, serving them with comprehensive capabilities. Over time, they may develop unique cultures and religions.

This deep integration of AI and encryption technology is a groundbreaking evolution that is unattainable within Web2 and cannot be achieved by Web3 relying solely on encryption technology.

TON Ecosystem

Attributable to Telegram’s hundreds of millions of users and robust technical support, the TON ecosystem achieved significant milestones in various fields, pioneering the monetization of Web2 social applications through crypto. Moving into 2025, it needs to explore and find new business models to improve user retention and identify its next growth curve.

Donald Trump Effect: Bitcoin Strategic Reserve Worth Anticipating

The report also discusses the potential impact of crypto-friendly policies that could arise after Donald Trump takes office. Two important bills, the FIT21 Act and the Bitcoin Strategic Reserve Act, are likely to pass more quickly thanks to him.

The FIT21 Act aims to create a clear legal framework for token issuance and trading by classifying tokens as digital assets or digital commodities, transferring the regulatory responsibilities of many blockchain projects from the SEC to the CFTC, and introducing a safe harbor mechanism. This would help standardize and promote the healthy growth of the entire industry.

The Bitcoin Strategic Reserve Act, aligning with Trump’s campaign promises, if passed, would mark Bitcoin’s transition from a niche asset to a nationally recognized reserve asset, greatly enhancing its legitimacy and recognition. It may also prompt other countries to adopt similar measures to further advance Bitcoin’s global recognition and application.

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The Act was submitted to Congress for deliberation on August 4, 2024, and referred to the Senate Banking Committee for review. Trump is well-positioned to push this bill through. Meanwhile, several U.S. states have already proposed their own Bitcoin Strategic Reserve bills. By 2025, Bitcoin as a strategic reserve may become a reality.

Additionally, under Trump’s presidency, the SAB121 Act is likely to be repealed, allowing traditional financial institutions to hold cryptocurrencies on their balance sheets, further accelerating the institutionalization of crypto assets and contributing to the overall maturity of the crypto market. The SEC’s application criteria of the Howey Test may also be relaxed, increasing the likelihood of more spot crypto ETFs being approved and more public listings of crypto companies.

Meanwhile, the report also provides a comprehensive summary of 2024, looking back on the key events that had a major impact on the crypto industry while summing up what HTX had achieved over the last year.

To learn more, please visit: https://square.htx.com/htx-2024-global-web3-blockchain-ecosystem-review-and-2025-outlook/ 

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, we harbor global capabilities that enable us to provide users with safe and reliable services.

Our growth strategy – “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance”, underpins our commitment to providing quality services and values to virtual asset enthusiasts worldwide.

Contact Details

Ruder Finn Asia
[email protected] 

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Company Website
https://www.htx.com

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CKGSB Professor Jin Zhao Becomes First Chinese Business School Scholar to Win AFA Award

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BEIJING, Jan. 10, 2025 /PRNewswire/ — Professor JIN Zhao, Assistant Professor of Finance at Cheung Kong Graduate School of Business (CKGSB), was honored with the Brattle Group Prize – Distinguished Papers at the 2025 American Finance Association (AFA) Annual Meeting held in San Francisco on January 5, 2025. This prestigious award recognizes outstanding papers on corporate finance published in the Journal of Finance, one of the discipline’s most esteemed academic journals. Professor Jin is the first scholar affiliated with a Chinese institution to receive this award since its inception in 1999. This achievement underscores the exceptional research capabilities and global impact of CKGSB’s faculty.

Professor Jin’s award-winning paper, “Artificial Intelligence, Education, and Entrepreneurship,” co-authored with Professor Michael Gofman from The Hebrew University of Jerusalem, offers a novel perspective and rigorous methodology to examine the intricate connections between artificial intelligence (AI), education, entrepreneurship, and financing. The study highlights the negative impact of AI talent migration from academia to industry on education systems as well as the establishment and funding capabilities of entrepreneurial ventures. By addressing these challenges, the research provides valuable theoretical insights and policy recommendations to support the sustainable development of the global AI industry.

Professor Jin Zhao is an Assistant Professor of Finance at CKGSB. He joined CKGSB in 2020 after earning his PhD in Finance from the University of Rochester. His research, which focuses on entrepreneurship, artificial intelligence, and corporate finance, has been presented at prestigious institutions, such as Stanford University, and published in leading academic journals. His work has also garnered attention from prominent media outlets, including The New York Times and The Wall Street Journal.

About CKGSB

Established in Beijing in November 2002, CKGSB is China’s first privately-funded and research-driven business school. The school aims to cultivate transformative business leaders with a global vision, sense of social responsibility, innovative mindset, and ability to lead with empathy and compassion (https://english.ckgsb.edu.cn).

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Vantage to Showcase Innovation at iFX EXPO Dubai 2025

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PORT VILA, Vanuatu, Jan. 10, 2025 /PRNewswire/ — Vantage Markets, a leading multi-asset trading platform, is set to make a significant impact at the upcoming iFX EXPO Dubai 2025, scheduled for January 14-16 at the Dubai World Trade Centre. As an Elite Sponsor, Vantage is poised to showcase its latest innovations and commitment to empowering traders worldwide.

In a recent exclusive interview, Souhail Fadlallah, Business Development Manager at Vantage, shared insights into the company’s objectives for the expo and the value it aims to deliver to attendees.

Fadlallah emphasized Vantage’s dedication to providing traders with tools and resources designed to enhance their trading experience. Attendees visiting Vantage’s booth can expect to discover the latest advancements in trading platforms, including features aimed at streamlining user experiences and optimizing performance.

Beyond technology, Vantage is committed to offering advanced educational resources. Fadlallah highlighted the company’s suite of learning tools that provide traders with valuable insights and training materials to sharpen their skills and achieve success in the financial markets. Additionally, Vantage’s robust affiliate and partner programs are designed to drive mutual growth and success, reflecting the company’s dedication to creating value for its partners.

For Vantage, participation in iFX EXPO Dubai 2025 is about more than showcasing its offerings; it’s about building trust and fostering meaningful connections. Fadlallah stated, “We want attendees to leave iFX EXPO Dubai with the clear message that Vantage is more than just a trading platform. We’re a partner deeply committed to innovation, transparency, and the success of all our clients.”

Vantage invites all attendees to visit their booth at the iFX EXPO Dubai 2025 to explore their offerings and engage with their team of experts. The event promises to be a hub of innovation, insights, and empowerment in trading.

For more information about Vantage and their participation in iFX EXPO Dubai 2025, visit Vantage Markets.

About Vantage

Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.

With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.

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RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.

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