Fintech PR
OKX and Immutable Partner to Unveil GameFi Launchpad, Paving the Way for the Next Billion Users in Web3 Gaming
The strategic partnership will integrate OKX Wallet into Immutable Passport and OKX NFT Marketplace into Immutable Orderbook, all on Immutable zkEVM
SYDNEY, March 21, 2024 /PRNewswire/ — OKX, a leading Web3 technology company, and Immutable, the leading Web3 gaming platform, today announced a new strategic partnership, which includes the introduction of a GameFi NFT launchpad and integration of Immutable’s gaming-focused zkEVM chain into OKX Marketplace and OKX Wallet. This partnership is set to transform how more than 50 million users engage with and access NFTs and digital assets within the gaming space.
This partnership will benefit game studios, players, and gaming ecosystem participants with:
- A dedicated GameFi launchpad on the OKX NFT Marketplace, in partnership with Immutable
- The integration of gaming-centric Immutable zkEVM chain, a groundbreaking scaling solution powered by Polygon, into the OKX Marketplace and OKX Wallet
- The integration of OKX’s Web3 Wallet into Immutable’s player identity solution, Passport
- The inclusion of the OKX NFT Marketplace in Immutable’s Orderbook and Marketplace Network
- Support of Immutable zkEVM chain on the OKX ecosystem
Robbie Ferguson, Co-founder and President of Immutable said: “Collaborating with OKX aligns with our mission to bring digital proprietorship to every gamer in the world. OKX’s robust ecosystem and cutting-edge technology combined with Immutable’s Web3 gaming expertise allows us to open new gaming experiences for millions of players worldwide.”
The launch of OKX’s GameFi launchpad is set to take place in the upcoming months, just in time to support highly anticipated global gaming launches planned for Immutable zkEVM chain, including Guild of Guardians, Shardbound, and Metalcore. Games building on Immutable will now be able to tap into OKX, including its comprehensive educational resource Cryptopedia, to reach a wider audience and enhance player experience.
OKX Chief Innovation Officer Jason Lau said: “Web3 gaming is on the verge of becoming mainstream, and at OKX, we are committed to making our wallet and marketplace the best way to access these next generation of games and their items. With over 270 titles in development on Immutable’s zkEVM chain, OKX wallet users will enjoy a smooth onboarding process, gameplay, and management of their in-game assets. We can’t wait to discover the new game experiences that our partnership will bring.”
Immutable recently disclosed a 900% increase in signed games year-over-year in Q1 ’24 vs Q1 ’23. The recent growth has seen the company sign over 75 games in the past three months alone, bringing the total games available on Immutable to over 270 – in line with the 70% market share reported by Messari in late 2023. Both of these milestones, along with the OKX partnership, point to the immense interest and growth of the Web3 gaming industry.
Both OKX and Immutable are eager to harness the potential of this partnership, confident in its capacity to enrich gamer experience and draw the next billion users to the space.
For ongoing updates, please visit https://www.okx.com/ and https://www.immutable.com/.
About OKX
A leading global technology company driving the future of Web3, OKX provides a comprehensive suite of products to meet the needs of beginners and experts alike, including:
- OKX Wallet: The world’s most powerful, secure and versatile crypto wallet which gives users access to over 80 blockchains while allowing them to take custody of their own funds. The wallet includes MPC technology which allows users to easily recover access to their wallet independently, removing the need for traditional, ‘written down’ seed phrases. In addition, OKX Wallet’s account abstraction-powered Smart Account enables users to pay for transactions on multiple blockchains using USDC or USDT, and interact with multiple contracts via a single transaction.
- OKX NFT Marketplace: A multi-chain, zero-fee NFT marketplace that gives users access to NFT listings across seven top-tier marketplaces including OpenSea, MagicEden, LooksRare and Blur.
OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, The Tribeca Festival, Olympian Scotty James, and F1 driver Daniel Ricciardo.
As a leader building innovative technology products, OKX believes in challenging the status quo. The company recently launched a global brand campaign entitled, The System Needs a Rewrite, which advocates for a new paradigm led by Web3 self-managed technology.
To learn more about OKX, download our app or visit: okx.com
About Immutable
Immutable is a global leader in gaming on a mission to bring digital ownership to every player by making it safe and easy to build great games with blockchain technology. Co-founded by James Ferguson, Robbie Ferguson and Alex Connolly in 2018, Immutable is headquartered in Sydney with a 250+ team, and backed by top transformational tech investors like Temasek, Tencent, Coinbase, BITKRAFT Ventures, King River Capital, Galaxy Interactive and more.
The Immutable gaming platform makes it easy for game studios and independent developers to safely and confidently build and launch successful games on Ethereum. The product suite includes pre-built solutions, optimised for usability, that help developers get to market faster without sacrificing security or player experience. Builders get personalised web3 guidance, live support for their communities, and access to the largest ecosystem in gaming.
Immutable was the first gaming platform to deliver a zero-knowledge (zk) scaling solution to the Ethereum community and provides developers with multiple zk-based scaling options, including Immutable X, a rollup based on StarkWare technology, and Immutable zkEVM, powered by Polygon.
Immutable Games is a global leader in web3 game development and publishing, backed by a world-class team who have proven track records of bringing games to millions of players. The studio pioneered the world’s first blockbuster NFT trading-card game Gods Unchained and is currently building the highly anticipated mobile RPG Guild of Guardians. Alongside its own high-quality titles, Immutable Games partners with third-party game developers to provide them with best-in-class strategy and execution expertise aimed at ensuring the success of every web3 game deployed within the Immutable ecosystem.
For more information, please visit: https://www.immutable.com/
Join the Immutable community on Discord, Reddit, Twitter, Instagram, Telegram and Youtube
Logo – https://mma.prnewswire.com/media/2014295/OKX_Logo_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/okx-and-immutable-partner-to-unveil-gamefi-launchpad-paving-the-way-for-the-next-billion-users-in-web3-gaming-302095781.html
Fintech PR
StockGro Partners with GIIS Dubai to Transform Youth Financial Literacy in the UAE
DUBAI, UAE, Jan. 10, 2025 /PRNewswire/ — StockGro, India’s leading platform for experiential financial education, has joined hands with the Global Indian International School (GIIS) Dubai to equip students in grades 9 to 12 with essential financial skills. This partnership marks StockGro’s second major collaboration in the UAE, reinforcing its expansion into the GCC region.
As GIIS’s financial literacy partner, StockGro has integrated its innovative curriculum into the school’s academic framework. Through expert-led sessions conducted every alternate month, students gain insights into financial concepts, stock market basics, and strategic investment approaches, fostering critical thinking and real-world application.
A standout feature of the partnership is the stock market learning programs which consist of model portfolio exercises for grades 9 to 12. These stock market portfolio management activities allow students to apply their knowledge in a risk-free, real-world environment, building confidence and practical understanding of trading and investments.
Ajay Lakhotia, Founder & CEO of StockGro, said, “This collaboration bridges the gap between theoretical learning and practical application, preparing students to make informed financial decisions. It reflects StockGro’s dedication to empowering the next generation with tools to navigate real-world financial challenges.”
Ms. Rajani Manikonda , Supervisor of Senior Secondary School, GIIS Dubai, remarked, “Empowering students with financial literacy is essential in today’s interconnected world. This partnership with StockGro introduces our learners to the intricacies of financial management in an engaging, practical manner, ensuring they develop the critical thinking and problem-solving skills needed to thrive in the global economy.”
By partnering with one of Dubai’s top Indian international schools, StockGro strengthens its foundation for future collaborations in the UAE and GCC region, advancing its mission to revolutionize financial education on a global scale.
About StockGro
StockGro is a leading experiential social learning platform for trading and investments, trusted by more than 35 million users worldwide. It has successfully empowered students across 1100+ prestigious educational institutions with immersive financial learning experiences. Through this collaboration, StockGro continues its mission of fostering financial literacy and practical education for the next generation.
StockGro invites educational institutions across the GCC region to join hands in fostering a financially literate world. Write to us at [email protected] so we can empower the next generation with essential life skills together.
Photo: https://mma.prnewswire.com/media/2595456/StockGro_GIIS_Dubai.jpg
View original content:https://www.prnewswire.co.uk/news-releases/stockgro-partners-with-giis-dubai-to-transform-youth-financial-literacy-in-the-uae-302347977.html
Fintech PR
2024 Marks Breakout Year for China’s ETF Market with Unprecedented Growth
GUANGZHOU, China, Jan. 10, 2025 /PRNewswire/ — China’s ETF market demonstrated exceptional performance in 2024, with notable returns and substantial growth in assets under management. According to Wind, the average return of A-share ETFs (excl. ETFs launched in 2024) reached 11.36% for the year by December 31, and the total size of A-share ETF market reached USD 5.1 trillion, a net increase of USD 2.3 trillion from year-begin. Notably, CSI 300 ETF (Code: 510310), ChiNext ETF (Code: 159915), and Star 50 ETF (Code: 588080) managed by E Fund Management (“E Fund”), the largest mutual fund manager in China, ranked among the top ten in asset growth, underlining the company’s strong position in the industry.
A Two-Decade Journey of Growth
Since the launch of the first domestic ETF in December 2004, China’s ETF market has expanded significantly. This growth is not only marked by an increase in assets but also by an acceleration in ETF issuance. In 2024, 30 fund companies launched 156 new ETFs, with E Fund leading the market by introducing 14 new products – the most among all issuers.
Over the years, the ETF market has evolved from focusing primarily on broad-based indices to offering a diverse range of products across sectors, asset classes, and themes. These innovations have broadened investment opportunities, providing both institutional and retail investors with low-cost, transparent, and flexible tools to achieve their financial goals.
The Push for Low-Cost Investing
In 2024, Chinese fund companies accelerated the trend of reducing management fees, particularly for broad-based ETFs. Leading the charge is E Fund, which has long been a pioneer in promoting cost-efficient investing. As early as 2015, E Fund set a market precedent by lowering the management fee of its flagship CSI 300 ETF (Code: 510310) from 0.5% to 0.2%, and further reduced it to 0.15% in 2019.
E Fund’s leadership in low-fee strategy is further exemplified by its extensive product range, nearly 50 ETF products offering the lowest management fee of 0.15%, accounting for 60% of its ETF portfolio.
Shaping the Future of China’s ETF Market
With over 80 ETFs under management and total assets exceeding USD 83.7 billion, E Fund continues to innovate by offering a broad range of low-cost, high-efficiency investment solutions.
As China’s ETF market evolves and expands, E Fund remains at the forefront, driving innovation and setting new standards for accessibility and efficiency. The rapid growth in 2024 underscores not only the increasing popularity of ETFs but also their critical role in shaping the future of China’s investment landscape.
About E Fund
Established in 2001, E Fund Management Co., Ltd. (“E Fund”) is a leading comprehensive mutual fund manager in China with over RMB 3.5 trillion (USD 505 billion) under management.* It offers investment solutions to onshore and offshore clients, helping clients achieve long-term sustainable investment performances. E Fund’s clients include both individuals and institutions, ranging from central banks, sovereign wealth funds, social security funds, pension funds, insurance and reinsurance companies, to corporates and banks. Long-term oriented, it has been focusing on the investment management business since inception and believes in the power of in-depth research and time in investing. It is a pioneer and leading practitioner in responsible investments in China and is widely recognized as one of the most trusted and outstanding Chinese asset managers.
Source: E Fund. AuM includes subsidiaries. Data as of Sep 30, 2024. FX rate is sourced from PBoC.
Logo – https://mma.prnewswire.com/media/2085383/_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/2024-marks-breakout-year-for-chinas-etf-market-with-unprecedented-growth-302347971.html
Fintech PR
HTX 2025 Outlook: Five Sectors to Look Forward to, and How Trump’s Policy Will Affect Crypto Industry
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
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.
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]
Company Website
https://www.htx.com
Photo – https://mma.prnewswire.com/media/2595311/image_838145_24282172.jpg
Logo – https://mma.prnewswire.com/media/2391903/image_ID__Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/htx-2025-outlook-five-sectors-to-look-forward-to-and-how-trumps-policy-will-affect-crypto-industry-302347870.html
-
Fintech PR7 days ago
Bybit x Block Scholes Report: BTC Options Steady with Call-Put Parity, ETH Braces for Short-Term Volatility
-
Fintech PR7 days ago
Artificial Intelligence (AI) in Trading Market to Reach USD 35 Billion by 2030, Growing at a 10% CAGR | Valuates Reports
-
Fintech3 days ago
Asian Financial Forum held next week as the region’s first major international financial assembly of 2025
-
Fintech PR3 days ago
OWIT Global Provides Alternative Delivery Models that Adapt to the Continuously Evolving Data Security Demands of the Industry
-
Fintech PR4 days ago
Hyundai Motor Group Executive Chair Euisun Chung Outlines 2025 Vision Driven by Commitment to Innovation, Overcoming Challenges, and Creating Opportunities in New Year’s Message
-
Fintech PR4 days ago
Zoomlion Accelerates Global Expansion with Localized Innovations in Saudi Arabia
-
Fintech PR5 days ago
Payroll Service Market Anticipates Strong Growth Amid Rising Automation Demand
-
Fintech PR1 day ago
Clear Channel Outdoor Holdings, Inc. to Sell its Europe-North Segment to a subsidiary of Bauer Media Group for $625 Million