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Manulife and World Economic Forum Announce Winners in ‘Prospering in Longevity Challenge’ to Drive Health and Financial Resiliency
Manulife gives half a million dollars in prize money to challenge winners to help accelerate their mission to enable people to live healthier, more prosperous lives
BOSTON, Oct. 16, 2024 /PRNewswire/ — Manulife today announced the winners of the Prospering in Longevity Challenge, through UpLink, the World Economic Forum’s open innovation platform, and the Forum’s Centre for Financial and Monetary Systems. Together, Manulife and the Forum have chosen ten winning global start-ups that have innovative approaches to preventative health care and strengthening financial wellness over longer lives.
The winners of the Prospering in Longevity Challenge are:
- Addition Wealth, a holistic financial wellness platform that partners with companies to offer customized financial wellness solutions
- Boldin (formerly NewRetirement), a dynamic platform designed to revolutionize retirement planning by integrating technology with personalized financial advice
- Conquest, a comprehensive financial planning tool designed to help advisers expand their practice and provide clients with robust financial advice
- GetSetUp, an innovative educational platform tailored specifically for older adults, empowering them through live, interactive classes
- Givers, a startup supporting family caregivers by helping them access state programs that provide financial compensation, coaching and training
- juli, a startup leveraging artificial intelligence to revolutionize chronic condition management
- Smplicare, an AI-driven coaching platform focused on promoting healthy ageing
- TELL, a pioneering health-tech company specializing in neurocognitive health assessment through innovative voice analysis technology
- Waterlily, a startup utilizing AI to revolutionize planning and insurance for long-term care
- Zencey, a health-care startup leveraging AI and telemedicine to provide accessible and personalized care
By 2050, the global population over 65 is expected to double to 1.6 billion1, bringing significant health and wealth challenges for our planet. Manulife partnered with the World Economic Forum and UpLink on this challenge because of a shared sense of urgency to find accessible solutions to help people worldwide live longer, healthier, and better lives.
Manulife President and CEO Roy Gori will share more details about the winners today at the Longer. Healthier. Better. Longevity Symposium in Boston, which was hosted for the first time in 2023. The winning startups will each receive C$50,000 in prize money alongside access to UpLink’s Innovation Ecosystem. The ecosystem is a network of innovators, investors, experts, and partner organizations that can help them make a deeper impact.
“The world urgently needs solutions to address the longevity crisis. People are living longer, but not necessarily healthier lives. Many people cannot fund these extra years within the existing social and financial system,” said Sarah Chapman, Global Chief Sustainability Officer for Manulife. “The winners of this challenge are leveraging technology to create innovative solutions to these issues. Now more than ever, we need strategic collaboration like this to help people live longer, healthier, better lives.”
Earlier this year, the multi-year partnership between Manulife and UpLink was announced at the Forum’s Annual Meeting in Davos and the Prospering in Longevity Challenge is the first of three innovation challenges designed to help shape the future of, and investment in, the longevity economy. New thematic focus areas will be picked for the next two challenges in 2025 and 2026.
“Through the multi-year partnership with Manulife and the World Economic Forum’s Longevity Economy Initiative, UpLink is accelerating longevity innovation to empower people from all backgrounds to lead healthier, more financially resilient and fulfilling lives,” said John Dutton, Head of UpLink, World Economic Forum. “The first of three innovation challenges, Prospering in Longevity, attracted innovative solutions from around the world, with a focus on preventative healthcare and financial resilience across generations. We look forward to continuing our work with Manulife to source and scale start-ups in the longevity space, promoting resilient and prosperous lives for individuals, communities, and society as a whole.”
To learn more about Manulife’s Impact Agenda, and to track progress against its goals, visit manulife.com/impact.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong.
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
About UpLink
UpLink is the open innovation platform of the World Economic Forum, designed to unlock an ‘entrepreneur revolution’ for people and planet by supporting start-ups with innovative solutions for the world’s most pressing issues, as outlined by the United Nations Sustainable Development Goals (SDGs).
Launched at the World Economic Forum’s 2020 Annual Meeting in Davos in partnership with Deloitte and Salesforce, UpLink is building an innovation ecosystem for entrepreneurs, investors, experts and partners, helping to scale early-stage ventures sourced through a competition framework known as innovation challenges. UpLink has now run more than 50 challenges and identified over 500 entrepreneurs with innovative solutions across critical SDG areas including health, food, freshwater, ocean, plastics, education, climate and more. For more information, visit https://uplink.weforum.org.
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1 World Economic Forum – Longevity Economy Principles: The Foundations for a Financially Resilient Future |
Media Contacts: Emily English, [email protected], +1-647-544-2800
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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
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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
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).
View original content:https://www.prnewswire.co.uk/news-releases/ckgsb-professor-jin-zhao-becomes-first-chinese-business-school-scholar-to-win-afa-award-302347868.html
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.
trade smarter @vantage
RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.
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View original content:https://www.prnewswire.co.uk/news-releases/vantage-to-showcase-innovation-at-ifx-expo-dubai-2025-302347838.html
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