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Spain Honours ADIA Lab Board Member Professor Marcos López de Prado with Order of Merit
- His Majesty King Felipe VI and the Government of Spain have bestowed upon Professor Marcos López de Prado the Officer’s Cross of the Royal Order of Civil Merit
- The award recognizes Professor López de Prado’s distinguished services to science and the global investment industry over an international career spanning 25 years and three continents
- Knights and Dames of the Order include heads of state, royalty, diplomats, scientists, artists, as well as government, business, political, religious and military leaders
ABU DHABI, UAE, Nov. 22, 2024 /PRNewswire/ — ADIA Lab Board member Professor Marcos López de Prado has received the Officer’s Cross and diploma of the Royal Order of Civil Merit, one of Spain’s highest honours, from His Majesty King Felipe VI and the Government of Spain. The award was presented at the investiture ceremony held in Abu Dhabi on 21 November 2024 by H.E. Íñigo de Palacio España, Ambassador of Spain to the United Arab Emirates. The honour recognises Professor López de Prado’s “distinguished services to science and the global investment industry”.
His Majesty the King of Spain is the Grand Master of the Order, and Spain’s Minister of Foreign Affairs, European Union and Cooperation is its Grand Chancellor. Knights and Dames of the Order are appointed for their outstanding service to society and include heads of state, royalty, diplomats, scientists, artists, as well as government, business, political, religious and military leaders.
In his remarks at the investiture ceremony, Ambassador de Palacio highlighted Professor López de Prado’s extraordinary contributions, including his pivotal role in founding ADIA Lab and establishing its collaboration agreement with the Kingdom of Spain, which has fostered a robust scientific exchange between Spain and the UAE. The Ambassador also commended Professor López de Prado for elevating and enriching Spain’s image abroad.
Professor López de Prado has been a driving force in the modernisation of finance over the past 25 years, pioneering artificial intelligence (AI) algorithms that are now widely adopted at some of the world’s largest investment firms—an achievement recognised with multiple international awards. He is Global Head – Quantitative Research and Development at the Abu Dhabi Investment Authority (ADIA), a Research Fellow at Lawrence Berkeley National Laboratory (U.S. Office of Science), and Professor of Practice at Cornell University’s School of Engineering, where he teaches machine learning.
Ambassador de Palacio remarked:
“Ranked among the top 10 most-read authors in economics globally by the Social Science Research Network (SSRN), and having advised the U.S. Congress on AI policy, Marcos’ work spans science, industry and public service. The Royal Order of Civil Merit acknowledges not only his scientific and professional accomplishments, but also the lasting social impact of his work, which has strengthened international cooperation and deepened ties between nations.”
Professor López de Prado expressed the personal significance of this honour:
“As both a professor and a fund manager, I have worked for the past 25 years to advance our field, developing AI algorithms that make investing more evidence-based, systematic, and reliable. I hope this accolade draws further attention to the financial applications of AI and supercomputing, which benefit society by enabling better decision-making and public policy design. I am grateful to ADIA for the opportunity to apply my scientific work towards achieving its long-term investment objectives.”
“I extend my heartfelt thanks to H.E. Íñigo de Palacio España for his exemplary role as Ambassador, and his strong advocacy for ADIA Lab. I would not have earned this highly coveted distinction without the unwavering support of my family, friends, and countless colleagues, many of whom are here with me today. This knighthood is also for them, and I will wear its insignia in their name with pride, and with profound gratitude towards His Majesty King Felipe VI.”
Among the attendees at the ceremony were several renowned scientists: Prof. Steven Chu, Nobel Laureate in Physics (1997) and former U.S. Secretary of Energy (2009-2013); Prof. Dan Shechtman, Nobel Laureate in Chemistry (2011); Prof. Shafi Goldwasser, recipient of the Turing Award (2012) and the Gödel Prize (1993, 2001); Prof. Guido Imbens, Nobel Laureate in Economics (2021); Prof. Jack Dongarra, Turing Award (2021); Prof. Miguel Hernán, Rousseeuw Prize for Statistics (2022); Prof. Horst Simon, Gordon Bell Prize (1998, 2009). Institutional representatives included: H.E. Carme Artigas, Co-Chair of the United Nations AI Advisory Body; H.E. Sultan Al Mansoori, former Minister of Economy of the UAE; H.E. Félix Barrio Juárez, Managing Director of Spain’s National Cybersecurity Institute; H.E. Prof. Enrique Herrera Viedma, Vice-President for Research of the University of Granada; H.E. Antoine Delcourt, Ambassador of the Kingdom of Belgium to the UAE; and H.E. Robert Lauer, Ambassador of the Grand Duchy of Luxembourg to the UAE.
About Marcos López de Prado
Dr. Marcos López de Prado is Global Head – Quantitative Research and Development at the Abu Dhabi Investment Authority (ADIA), a founding Board member of ADIA Lab, a Research Fellow at Lawrence Berkeley National Laboratory (U.S. Office of Science), and Professor of Practice at Cornell University’s School of Engineering, where he teaches machine learning. He has published approximately 100 scientific articles on AI and statistical inference in the leading academic journals, is a founding co-editor of The Journal of Financial Data Science, and the author of influential graduate textbooks used by universities worldwide. He is the inventor of 15 patents, several of which have been purchased and licensed by some of the largest institutional investors worldwide to manage multibillion-dollar funds. In recognition of his work, Professor López de Prado has received various scientific and industry awards, including the National Award for Academic Excellence (1999) by the Kingdom of Spain, the Quant Researcher of the Year Award (2019) by Portfolio Management Research, the Buy-Side Quant of the Year Award (2021) by Risk.net, and the Bernstein Fabozzi / Jacobs Levy Award (2024) by The Journal of Portfolio Management. For more information, visit https://QuantResearch.org/
About ADIA Lab
ADIA Lab is an independent institution engaged in basic and applied research in Data Science, AI, Machine Learning, and High-Performance Computing, across all major fields of study. This includes exploring applications in areas such as climate change and energy transition, blockchain technology, financial inclusion and investing, decision making, automation, cybersecurity, health sciences, education, telecommunications, and space. Based in Abu Dhabi, ADIA Lab is an independent, standalone entity supported by the Abu Dhabi Investment Authority, a globally-diversified investment institution that invests funds on behalf of the Government of Abu Dhabi.
ADIA Lab has its own governance and operational structure, and is guided by an Advisory Board of global thought-leaders in data and computationally intensive disciplines, to pursue its research independently. For more information, visit https://www.adialab.ae/
About the Royal Order of Civil Merit
The Royal Order of Civil Merit is a state honour established in 1926 by King Alfonso XIII of Spain to recognise extraordinary services of Spanish and foreign citizens for the good of the Nation. Knights and Dames of the Order include heads of state, royalty, diplomats, scientists, artists, as well as government, business, political, religious and military leaders.
His Majesty the King of Spain is the Grand Master of the Royal Order of Civil Merit, hence all awards of this Order are bestowed in his name. Spain’s Minister for Foreign Affairs, European Union and Cooperation is the Grand Chancellor of the Order. The Ministry’s Directorate-General for Protocol receives the proposals, evaluates all candidates, and produces the mandatory reports justifying the exceptional merits of each awardee. For more information, visit https://www.exteriores.gob.es/es/Ministerio/Protocolo/Paginas/Condecoraciones.aspx
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View original content:https://www.prnewswire.co.uk/news-releases/spain-honours-adia-lab-board-member-professor-marcos-lopez-de-prado-with-order-of-merit-302314136.html
Fintech PR
Bybit Champions Web3 Innovation and Strengthens Ties with Asia’s Crypto Community at Taipei Blockchain Week
DUBAI, UAE, Dec. 24, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange, debuted at the Taipei Blockchain Week Dec. 12 to 14, 2024, spotlighting the vibrant Web3 innovations on its platform alongside a dynamic roster of its strategic Layer 1 ecosystem partners.
Featuring side events in collaboration with the Solana Foundation, the Sui Foundation, and a dazzling lineup of multichain projects, Bybit Web3 dedicated the Taipei tour to building up communities and deepening connections with Web3 ecosystem partners. The Bybit delegation also took the stage to uncover the latest insights on Web3, building with a purpose, and the future of blockchain utilities and DeFi.
Purpose, Innovation, and Partnerships
Representing Bybit at the conference were MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3, and Angela Huang, Bybit VIP Relationship Manager, at various panels.
Expanding on blockchain technology’s potential in building better realities for all, Chin joined as a panellist in the session Marketing Web3: Strategies to Engage and Onboard the Next Billion Users. Chin shared learnings and actionable insights from the Bybit-supported Blockchain for Good initiative (BGA), elaborating on both real-world utilities of blockchain technologies and the trickling down of benefits to grassroot communities.
Meanwhile, Angela Huang moderated three sessions closely tied to Bybit’s mission, steering conversations on crucial industry topics:
- The panel Bridging TradFi and DeFi: The Exchange’s Role in User Onboarding on Dec. 12 examined how exchanges could elevate access to the digital economy for users at scale.
- On Dec. 13, Networked Intelligence: The Rise of Decentralized AI explored the intersection of blockchain and AI, showcasing their potential to transform and democratize finance.
- The Building for Impact: How Female Founders Drive Purpose-Driven Innovation panel on Dec. 14 highlighted the evolving role of women leaders in driving solution-oriented innovation.
Another highlight at the event was amplified globally via Bybit Livestream. Collaborating with the Sui Foundation, Ondo, DeepBook, Scallop, NAVI, and other leading projects, Bybit Web3 led a critical debate on the future of Sui’s growth strategy: Sui Ecosystem Showdown: Mass Adoption vs. Native Growth. Hosted by Emily Bao, Head of Web3 and Spot at Bybit, the livestream attracted over 6,500 viewers live at the Taipei Blockchain Week and globally on Dec. 13.
Deepening Bonds: Key Web3 Ecosystems and Communities
Bybit Web3 brought the local community closer to its world-class ecosystem partners with engaging community events, co-hosting Taiwan DeFi Flow with Sui and Scallop on Dec. 12, and Solana Ecosystem Taipei Greetings with the Solana Foundation and Solar with the support of Orderly Network, Zetachain, Jupiter, and Sonic, on Dec. 14. Through collaborations and innovation, Bybit Web3 opens up new on-chain possibilities for partners and stakeholders to expand the Web3 universe.
These relaxed evening gatherings provided a convivial backdrop for like-minded builders and entrepreneurs to network, exchange ideas, and celebrate their shared enthusiasm for DeFi and dApps in Asia’s growing Web3 innovation hub.
“It’s been an incredible experience connecting with the builders, believers, users, creators, and supporters driving innovation on Solana and Sui. These moments remind us of the heart and spirit of Web3—a vibrant ecosystem shaped by collaboration and shared vision. I’m deeply proud to witness this growth, grateful for every connection made, and excited for the road ahead,” said MK Chin, Core Contributor for Blockchain for Good Alliance and Head of Marketing of Bybit Web3.
“Taipei Blockchain Week showcased the immense growth and potential of Web3 innovation in Asia. Representing Bybit, I had the honor to collaborate with industry leaders to explore Web3’s limitless possibilities, from DeFi and AI to real-world applications. Together, we are shaping a more inclusive global crypto community,” said Angela Huang, Bybit VIP Relationship Manager.
In the past year, Bybit has seen exponential growth in its user base, surging to over 60 million by the end of 2024. It has also invested in vertical growth through community engagements across the world. Connected by the passion for the future of crypto, blockchain, and Web3, the Bybit family is on track to building an inclusive and sustainable path to growth for the industry.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
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View original content:https://www.prnewswire.co.uk/news-releases/bybit-champions-web3-innovation-and-strengthens-ties-with-asias-crypto-community-at-taipei-blockchain-week-302338874.html
Fintech PR
AIMA Technology Welcomes Top U.S. Dealers to Shape the Future Together
TIANJIN, China, Dec. 24, 2024 /PRNewswire/ — On December 7, 2024, AIMA Technology Group warmly invited a delegation of five top-performing U.S. IBD dealers to visit its headquarters. Accompanying the group was Angela Zheng, CEO of AIMA’s U.S. subsidiary, AIMA EBIKE, along with her sales, marketing, and customer service teams. This visit not only marked a deepened connection between AIMA and the mainstream U.S. market but also provided U.S. dealers with a valuable opportunity to witness AIMA Technology’s globally leading capabilities in research, development, and manufacturing of electric mobility solutions.
The delegation first toured AIMA’s state-of-the-art factory in Tianjin. Aima Technology possesses production factories with extremely high levels of intelligent manufacturing Additionally, AIMA has integrated advanced technologies such as AI visual recognition and established a CNAS-certified R&D laboratory, maintaining its industry leadership in intelligent transformation. During the tour, the dealers were deeply impressed by AIMA’s cutting-edge technology, large-scale production capabilities, and relentless pursuit of excellence in product development and manufacturing. They expressed that this rare visit not only enhanced their understanding of AIMA but also strengthened their confidence in promoting AIMA products as a symbol of outstanding performance and exceptional quality to their customers.
Furthermore, AIMA Technology’s R&D team engaged in in-depth discussions with the dealers regarding the new models AIMA EBIKE plans to launch in 2025. The dealers test-rode prototypes of the latest models and shared their innovative insights. They expressed high praise for AIMA’s product innovation capabilities and market acumen, recognizing these as key factors that distinguish AIMA in the industry.
Later, the dealers joined AIMA Technology’s team to witness the rollout of the 10,000th AIMA E-Bike. This milestone moment showcased AIMA’s exceptional manufacturing strength and market influence. The dealers were inspired and expressed strong confidence in the promising future of their partnership with AIMA.
This visit from the top-tier U.S. dealer delegation not only deepened mutual trust and friendship but also injected new momentum into AIMA’s ambition to become a leader in the U.S. E-Bike industry by focusing on the IBD channel. Looking ahead, AIMA Technology will continue to strive to provide market-leading performance and quality, enhancing its product development and manufacturing capabilities while working hand-in-hand with global dealers to create an even brighter future.
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Fintech PR
FXGiants Online Trading Platform Launches Bonus Initiative to Reward Traders
HAMILTON, Bermuda, Dec. 19, 2024 /PRNewswire/ — FXGiants has recently launched a series of exciting bonuses. Participants on the FXGiants‘ online trading platform can now amplify their trading potential with a broad spectrum of bonuses that are tailored to fit different trading needs. These bonuses not only add extra value but also act as a safety net for traders to explore the financial markets without risking too much.
“Our goal with these deposit bonus options is to empower traders of all levels,” said Christopher Oates, the spokesperson for FXGiants. “Under this scheme, we have diverse categories, including Bonus Maximiser, Booster Bonus, and the Bonus Advantage. These bonuses are designed to provide flexibility to clients as they trade on the FXGiants online trading platform.”
Exploring the FXGiants Bonus Options
The bonus options at FXGiants come with versatile advantages. The Bonus Maximiser provides a full 100% boost on all deposits without limit, whereas the Booster Bonus offers a 40% bonus on all deposits up to $4,000 for traders who want to moderately enhance their capital. On the other hand, the Bonus Advantage provides a 60% bonus on deposits up to $5,000, giving traders a better handle on risk. These bonuses enhance the trading experience on the FXGiants online trading platform.
“At FXGiants, we are committed to a trading environment that meets the evolving needs of our clients,” Oates added. “Our online trading platform is a robust ecosystem designed to support traders with advanced execution, extensive market insights, and continuous improvements. As we move forward, we will keep expanding our offerings to ensure that traders have access to the best resources and support.”
About FXGiants
FXGiants stands out as an international broker providing access to over 300 financial instruments across 6 asset classes. Traders can operate through the popular MetaTrader 4 platform, and benefit from exceptional trading conditions such as competitive spreads, flexible leverage, and fast execution. With deposit boosters, partnership programs, an educational blog, and account types tailored to both novice and experienced traders, FXGiants remains dedicated to delivering a one-stop trading solution.
Terms & Conditions apply. Bonus cannot be withdrawn.
All trading involves risk. It is possible to lose all your capital.
FXGiants is a trade name of Notesco Int Limited; a company incorporated in Anguilla with registration number A000001800 and registered address The Valley, AI2640, Cosely Drive, 1338, AI.
Website: https://www.fxgiants.com/
View original content:https://www.prnewswire.co.uk/news-releases/fxgiants-online-trading-platform-launches-bonus-initiative-to-reward-traders-302338463.html
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