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HTX DAO Emphasizes Its Focus on the CIS Region for Global Expansion at Crypto Summit 2024

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SINGAPORE, Sept. 26, 2024 /PRNewswire/ — From September 25-26, HTX DAO made a strong impression at Crypto Summit 2024, as an exclusive sponsor of its registration desk and a key partner. This demonstrates HTX DAO’s commitment to expanding its presence in the CIS region, a vital market for the global growth of its ecosystem and showcases its unique decentralized governance model. Through the Summit, the budding ecosystem attracted a broad array of crypto community members, developers, partners, and users, further strengthening its global community and decentralization.

Anton Belyakov, the operations manager for HTX in the CIS region, delivered a keynote speech titled “Towards Crypto Exchange 2.0: How HTX DAO Redefines Exchange Model to Build Active Crypto Community.”

Belyakov emphasized that HTX DAO is an organization that can change how we view centralized exchanges, representing a decentralized exchange through innovative governance and community participation. According to him, HTX DAO empowers its users, partners, and governance committee members to participate in decision-making processes and bolster the exchange to integrate community feedback, innovative solutions, and more — thereby driving rapid product evolution.

Belyakov also revealed that HTX DAO’s governance token, $HTX, has seen its value steadily increase thanks to the platform’s growth and the token burning designed to limit supply. At present, the token is traded on 24 exchanges. Since its launch in early 2024, $9 million worth of $HTX tokens have been burned and $42.5 million liquidity pledges have been received by HTX DAO, demonstrating both a robust foundation and strong potential especially within the CIS region.

Looking ahead, Belyakov noted that $HTX has the potential to lead governance tokens in the crypto space, as HTX DAO continues to set a new standard for community-driven exchanges.

The Crypto Summit, held in Moscow from September 25-26 this year, is a major annual event for cryptocurrency and blockchain sectors in Russia and the CIS. The recent event attracted over 7,000 attendees, 70 speakers, and 70 exhibitors. This year’s discussions focused on the industry’s most concerned topics, including investment opportunities, market trends, and regulatory developments.

HTX DAO highlighted the CIS region as a fertile ground for crypto growth, driven by its technology innovation, active communities, and decentralized ethos. Despite regulatory challenges and global financial pressures, the region remains a high-potential market within the global crypto industry. In August alone, HTX DAO and HTX saw their market share rise to 21.2% in the region. Going forward, HTX DAO plans to continue expanding its businesses in the CIS market, further growing its international footprint.

About HTX DAO

HTX DAO is a blockchain-based decentralized autonomous organization dedicated to revolutionizing decentralized governance and expanding the applications of blockchain technology. Our vision is centered around open finance and a decentralized, tokenized economy. At the core of HTX DAO, governance is democratically and transparently vested in the hands of $HTX token holders. We warmly invite individuals and communities to join our journey, actively participate, and contribute, together shaping an open and innovative future for the blockchain world.

For more information on HTX DAO, please visit www.htxdao.com.

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LiveWell Awarded Frost & Sullivan’s 2024 Global Customer Value Leadership Award for Advancing Equitable and Accessible Mental Health Solutions

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LiveWell’s app integrates cutting-edge artificial intelligence (AI) and machine learning to provide personalized mental and behavioral health support, fostering user engagement across 27 countries and 9 languages.

SAN ANTONIO, Sept. 26, 2024 /PRNewswire/ — Frost & Sullivan recently researched the mental and behavioral health industry and, based on its findings, recognizes LiveWell by Zurich (LiveWell) with the 2024 Global Customer Value Leadership Award.

In their report, Frost & Sullivan state that LiveWell provides world-class digital health and well-being solutions to balance physical, mental, social, and financial health through its user-friendly app. LiveWell offers a wide range of tools that include mood and stress tracking; mental health support; and services offering support on a range of wellness topics. LiveWell is one of many pioneers addressing significant challenges to the mental and behavioral health industry, such as stigma, access, equity, and data privacy.

LiveWell’s commitment to continual innovation is clearly visible through its regular app updates, integrating innovative features that significantly boost user engagement and satisfaction.

“LiveWell continuously enhances its app to ensure optimal performance. With the integration of the Wellness Hub, partners can now seamlessly offer AI-powered Wellbeing Scans, telemedicine, and emotional support services, while showcasing their products and branding,” said Alejandra Parra, Research Analyst at Frost & Sullivan.

LiveWell effectively leverages research and customer feedback to update its solutions and maintain its competitive edge. For instance, the company has just released a premium version of the app, allowing users to purchase tailor-made products and services, providing access to new tools and fully customized features.

Additionally, by consistently prioritizing speed to market and customer needs, LiveWell demonstrates a unique ability to stay ahead of industry trends and respond rapidly to the shifting demands of its ever-growing global user base.

“Frost & Sullivan applauds LiveWell’s capacity to launch technology-integrated products at an impressive speed-to-market, meeting and exceeding customers’ diverse needs,” noted Parra.

Each year, Frost & Sullivan presents this award to the company that demonstrates excellence in implementing strategies that proactively create value for its customers, focusing on improving the return on the investment that customers make in its services or products. The award recognizes LiveWell’s unique focus on augmenting its customers’ value beyond simply good customer service, leading to improved customer retention and customer base expansion.

Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

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About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success.

Contact: Camila Tinajero [email protected]

About LiveWell

LiveWell was founded by Zurich Insurance Group (Zurich) in 2020 with the goal of creating a service-led digital wellbeing solution that helps individuals maintain balance in their physical, mental, social and financial health. Since its inception, LiveWell has introduced its services in more than 27 countries – from Argentina to Australia – and collaborates with global health and wellbeing partners to offer users a wide range of content, challenges, and rewards that foster healthy habits. LiveWell promotes a holistic approach to wellness and understands the importance of maintaining overall health.

LiveWell’s wide range global and regional partners include Polar, Triumph, BODDY, and Philips.

Read about the LiveWell app at https://livewell.zurich.com/ and follow LiveWell on Instagram and LinkedIn.

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AIIB’s Global Membership Grows to 110

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SAMARKAND, Uzbekistan, Sept. 26, 2024 /PRNewswire/ — The Asian Infrastructure Investment Bank (AIIB) has grown to 110 approved Members after its Board of Governors voted in support of the application of the Republic of Nauru during the Bank’s 2024 Annual Meeting.

“The addition of Nauru as a regional Member strengthens the AIIB community and supports our collective mission to finance Infrastructure for Tomorrow,” said Jin Liqun, AIIB President and Chair of the Board of Directors. “AIIB is committed to supporting our Members’ sustainable development and together we will work on priority projects within our clearly defined thematic priorities to drive long-term sustainable growth.”

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 110 approved Members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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Latest data from Abatable shows most attractive VCM investment opportunities with Colombia taking top spot

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  • Abatable’s VCM Investment Attractiveness Index uses the latest comprehensive carbon market data to unpack the countries that are most primed for carbon market investment worldwide.
  • Colombia, Kenya and Cambodia top this year’s ranking as the most attractive carbon market investment opportunities, with Article 6 readiness and ample supplies of in-demand credits being key drivers for their high scores.
  • Implementing national compliance schemes that integrate carbon credits significantly increases investment attractiveness, and market growth is expected to accelerate due to pressure to deliver international climate targets.

NEW YORK, Sept. 26, 2024 /PRNewswire/ — Colombia, Kenya, Cambodia, Mexico and Peru are the top five most attractive countries for investors in carbon credits, Abatable’s comprehensive new Index shows. 

Abatable, a leading provider of end-to-end carbon market solutions, unveiled the second annual VCM Investment Attractiveness Index today at Climate Week NYC. The Index ranks the top countries according to current voluntary carbon market (VCM) conditions and their potential to shape the future of carbon markets. It provides comprehensive data and local insights for investors, governments, carbon credit buyers and project developers to best navigate the market.

This year’s top five countries emerged, thanks in the most part to their regulatory advances to provide more stable and future-proofed environments in which carbon project developers can operate. For instance, Colombia’s carbon tax has stimulated substantial market activity and spurred project development, while Kenya released the carbon markets regulation in 2024 that has resulted in a more robust and project-friendly environment for carbon project development and investment.

The rankings are based on three pillars and 24 indicators that analyse countries’ investment landscapes, their readiness to engage with national and international carbon markets and the opportunities available for the VCM to improve their environmental and social conditions.

Colombia (first place) and Cambodia (third) are new to the top five ranking this year, moving Ghana and Malawi to 8th and 11th place, respectively. Colombia jumped 13 places while Cambodia jumped four, pushing Kenya into second place, Mexico into fourth and Peru to fifth.

Following a turbulent period, the Index underlines and reflects the VCM once again emerging as a robust mechanism to achieve credible climate action by governments and businesses alike — but the investment landscape contains varying levels of risk and complexity. Abatable aims, through resources such as this Index, to empower informed decision-making within the VCM and give market participants the necessary insights and tools to de-risk and succeed.

Commenting on the Index, Pedro Carvalho, Head of Policy and Markets at ecosecurities, said: “Abatable’s VCM Investment Attractiveness Index is a powerful tool to support investment decisions in the VCM. In a moment of global transition, with emerging regulations articulating carbon market provisions and innovative approaches continuously being developed, there are many factors to consider in the creation of successful carbon projects and carbon markets. Abatable’s Index, which can guide not only investment decisions but also public policy development, is thus a very relevant and important addition to the space.”

The data reflects year-on-year changes, such as the level of government engagement with both voluntary and compliance-based carbon markets, supply of in-demand carbon credits and the number of project developers operating in each country, which can improve attractiveness from an investment point of view. In the past year, countries that have laid considerable groundwork for the operationalisation of Article 6 of the Paris Agreement on climate change — which allows carbon trading between nations — have excelled, benefitting from a first-mover advantage.

Between 2023 and 2024, Madagascar jumped from 18th to sixth place, due in part to its strong number of unilateral Article 6 credit authorisations and presence of an Article 6 Designated National Authority; Zambia jumped from 31st to 10th, due to its establishment of an Article 6 regulatory framework and a drop in government expropriation risk; and Brazil jumped 33 places into the top 10, due to its significant increase in carbon credit supply that is in demand from the market.

Valerio Magliulo, Co-Founder and CEO of Abatable, said: “The carbon market landscape continues to evolve and with this, access to trustworthy, reliable information to guide investment decisions becomes extremely important. The VCM Investment Attractiveness Index is a critical tool that helps democratise carbon market data for the benefit of participants across the market, enabling them to make informed decisions and navigate the VCM, ultimately helping to scale the market as a whole.”

The 2024 Index also highlights the significant investment boost that compliance schemes with integrated carbon crediting mechanisms can offer a country. With growing pressure to meet and set ambitious international climate targets (Nationally Determined Contributions) and partly in response to carbon import taxes, such as the EU Carbon Border Adjustment Mechanism, further growth in these compliance schemes is expected. 

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Notes to Editors

Abatable has launched the VCM Investment Attractiveness Index under its new free tier of its redesigned market intelligence platform. The new platform merges Abatable’s free and paid content and offers an easy entry point for users to explore the carbon market and Abatable’s solutions to help navigate it, without upfront costs. Abatable’s intelligence platform identifies the market trends that matter most, including policy, pricing, credit supply and demand, projects and market developments. Further information on the platform can be accessed here.

The Index, available here, is accompanied by a deep-dive Insights article and updated Methodology.

About Abatable

Abatable is a leading provider of end-to-end carbon markets solutions, on a mission to enable all organisations to build a thriving future for climate, nature and people. It does this by developing the tools needed to confidently navigate carbon markets and find the right partners, understand market risk and amplify planetary impact. Its solutions are enabled by technology, and powered by people, making it a trusted guide for organisations looking to take action within the complex and evolving carbon markets.

For further information on Abatable and its carbon market service offering, go to abatable.com.

About the VCM Investment Attractiveness Index

The VCM Investment Attractiveness Index was first launched in September 2023 by Abatable, in collaboration with Howden. It was designed to provide investors with insights on countries’ carbon market risks and opportunities, allow carbon credit buyers to get more information about the carbon credits they are purchasing, and aid governments in developing policies to facilitate the growth of the VCM.

This year, Abatable is solely launching the second edition of the Index. In line with Abatable’s objective of continuously tracking and ranking countries on their appeal to VCM investors, credit buyers and project developers, all 24 indicators have been reviewed and updated where appropriate for the 2024 Index. The latest data points, available as of July 2024, have been used to provide the most recent and accurate picture of countries’ latest developments in the market.

The full updated methodology for the Index can be found here.

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