Fintech PR
Nereus Finance Unveils Innovative Prediction Markets with 50x Leverage, Starting with U.S. Presidential Election Instruments
HONG KONG, Oct. 1, 2024 /PRNewswire/ — Nereus Finance, a pioneering derivatives trading platform, is excited to announce the launch of its newest trading feature: Prediction Markets. This new functionality offers users a unique opportunity to trade on real-world events, starting with the highly anticipated 2024 U.S. Presidential Elections. The initial instruments released are focused on two key candidates offering a dynamic and profitable trading experience.
Revolutionizing Trading with Up to 50x Leverage
Nereus stands apart in the prediction markets space by allowing traders to leverage their positions up to 50x, providing a significant advantage to maximize returns. This unique feature enables users to capitalize on market movements with amplified exposure.
“Our prediction markets bring a whole new dimension to decentralized trading,” said CEO of Nereus Finance. “By providing the option to trade these instruments with up to 50x leverage, we’re setting a new standard in prediction market trading. This not only enhances trading strategies but also solidifies Nereus as a leading player in the DeFi space.”
Seamless Trading Experience and More Instruments to Come
Nereus aims to provide an unparalleled trading experience, combining the security of decentralized finance (DeFi) with a user experience similar to centralized exchanges (CEX). The platform’s cutting-edge technology enables users to trade with nearly instant execution, low fees, and high capital efficiency. The launch of the U.S. presidential election instruments is just the beginning – Nereus plans to expand its prediction market offerings with more trading pairs and events in the near future.
How to Get Started Trading on U.S. Presidential Elections
To trade on these new instruments:
- Visit Nereus Finance.
- Connect your wallet and make a deposit.
- Choose TRUMPWINS/USDT or HARRISWINS/USDT, select up to 50x leverage, and place your position. It’s that simple.
About Nereus Finance
Nereus Finance is a decentralized trading platform that combines the transparency and security of DeFi with the performance and user experience of CEX platforms. Built on the Polygon network, Nereus offers up to 150x leverage on various trading instruments, including crypto, forex, commodities, and now prediction markets. With features like gasless transactions, social logins, and 1-click trading, Nereus ensures a smooth and efficient trading experience.
Key Highlights of Nereus Finance:
- CEX-like User Experience: The platform prioritizes intuitive and familiar trading experiences, leveraging Web2 familiarity while harnessing the innovative power of Web3. Key features include gasless transactions, social logins, and 1-click trading, allowing for fast, convenient, and cost-effective trading.
- High Performance & Diverse Trading Opportunities: Nereus’s advanced trading engine supports nearly instant execution, high TPS capabilities, low trading fees, and zero price impact. Traders can take advantage of up to 150x leverage across a wide range of instruments, such as crypto, forex, commodities, and prediction markets.
- Transparency and Security: Built on a foundation of transparency, all Nereus transactions are executed on-chain, ensuring full security and transparency. The platform will leverage a ZK-powered Layer 2 solution based on the Polygon Chain Development Kit (CDK) to deliver enhanced scalability, and quicker processing times, creating a secure and efficient trading environment.
- Rewarding User Engagement: Nereus’s unique Points System incentivizes user activity by offering points for trading, referrals, and social engagement. These points can be redeemed for rewards like airdrops of the Nereus ($NRS) token, positioning the platform as a trading hub as well as a community-driven ecosystem.
Nereus Finance delivers a comprehensive trading platform that combines the benefits of both CEX and DeFi, creating a secure, efficient, and engaging trading environment for a wide range of users.
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View original content:https://www.prnewswire.co.uk/news-releases/nereus-finance-unveils-innovative-prediction-markets-with-50x-leverage-starting-with-us-presidential-election-instruments-302264085.html
Fintech PR
Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.
On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”
Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.
His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.
As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.
Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
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View original content:https://www.prnewswire.co.uk/news-releases/wahed-appoints-khalid-al-jassim-as-executive-chairman-of-wahed-mena-to-help-guide-the-strategic-growth-of-wahed-in-the-region-302314779.html
DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.
Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.
Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.
Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”
About Wahed
Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.
For more information, visit: www.wahed.com
About Qatar Development Bank
Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.
For more information, visit: https://www.qdb.qa/
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View original content:https://www.prnewswire.co.uk/news-releases/qatar-development-bank-announces-strategic-investment-in-global-islamic-fintech-wahed-302314778.html
DHAKA, Bangladesh, Nov. 23, 2024 /PRNewswire/ — With the popularity of electric vehicles in Bangladesh, the globally renowned AIMA brand has also arrived in Bangladesh. The esteemed DX Group has brought the AIMA F-626 to customers. This environmentally friendly battery-operated electric motorbike has already been approved by the Bangladesh Road Transport Authority (BRTA) now.
In light of the increasing popularity of electric motorcycles in the country, the internationally-leading brand AIMA has entered the market. By the end of 2023, AIMA electric two-wheelers had established a presence in over 50 countries worldwide, with 11 global production bases, including overseas factories in Indonesia and Vietnam. In 2022, AIMA collaborated with Rob Janoff, the designer of the Apple logo, to refresh the brand’s VI system with a youthful and fashionable image. In 2023, AIMA teamed up with PANTONE, the global authority in color expertise, to create the trending color of the year. As an industry leader, AIMA spearheads the electric two-wheeler sector and showcases the prowess of a leading electric two-wheeler brand on a global scale. As of March 31, 2024, AIMA’s total electric two-wheeler sales had reached 80 million units, earning certification from Frost & Sullivan, a globally recognized business growth consulting firm, as the “Global Leading Electric Two-wheeler Brand”.
Over the years, AIMA has always been a product trendsetter in the electric two-wheeler sector. As of March 31, 2024, the total sales volume of AIMA electric two-wheelers reached 80 million, and Frost & Sullivan, a world-renowned market consulting company, awarded AIMA with the market status certification of the “Global Leading Electric Two-wheeler Brand (by Sales)”.
AIMA adhere to the customer-centered product philosophy and technologies that support long-term innovation and breakthroughs. We believe that the efficiency and modern technology of the AIMA F-626 will present an excellent alternative means of communication for our customers.
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View original content:https://www.prnewswire.co.uk/news-releases/chinas-aima-brand-electric-motorbike-is-now-in-bangladesh-302314773.html
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