Fintech PR
WSPN Partners with Fractal to Expand Stablecoin Access on Bitcoin
SINGAPORE, Dec. 9, 2024 /PRNewswire/ — WSPN (Worldwide Stablecoin Payment Network), a global digital payments company, today announced a strategic partnership with Fractal, Bitcoin’s leading scaling solution, to expand the reach and utility of its stablecoin, WUSD. This collaboration will bring WSPN’s transparent, fully-backed stablecoin to Fractal’s high-performance Bitcoin ecosystem, marking a significant step in WUSD’s mission to bridge traditional finance with digital assets.
The partnership will enable WUSD, which is backed 1:1 by US dollars and fully collateralized by high-quality liquid assets, to be seamlessly integrated into Fractal’s growing network of financial applications. This addresses a critical gap in the Bitcoin ecosystem by combining WSPN’s regulatory-compliant stablecoin infrastructure with Fractal’s ability to support internet-scale applications on Bitcoin. By leveraging Fractal’s unique scaling technology, which has already attracted over 2 million active users since its launch three months ago, WUSD will be able to process high volumes of transactions while maintaining the security guarantees of the Bitcoin network.
“WSPN is committed to providing transparent, efficient digital payment solutions, and our partnership with Fractal represents a significant advancement in this mission,” said Raymond Yuan, WSPN Founder and CEO. “By bringing WUSD to Fractal’s innovative Bitcoin scaling platform, we’re expanding our reach within the Bitcoin ecosystem while maintaining our core principles of stability, transparency, and compliance.”
This collaboration comes as demand for regulated stablecoins continues to grow within the Bitcoin ecosystem. WUSD’s integration with Fractal will enable new use cases for stable, dollar-denominated transactions, including decentralized trading, lending, and payments. The partnership will leverage Fractal’s scaling capabilities to ensure WUSD transactions remain fast and cost-effective, even during periods of high demand.
“Integrating WUSD into Fractal marks a significant milestone in our mission to build a comprehensive financial ecosystem on Bitcoin,” said Spencer Yang, Core Contributor of Fractal. “By partnering with WSPN, we’re bringing transparent, regulated stablecoin infrastructure to our platform, enabling users to access stable value alongside our native FB token and expanding the possibilities for DeFi applications on Bitcoin.”
The integration is expected to complete in the coming months, with specific features and launch dates to be announced. For more information about WSPN and Fractal, visit www.wspn.io and fractalbitcoin.io.
For media inquiries, please contact: [email protected]
Spencer Yang from Fractal : [email protected]
About WSPN
WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users. WSPN’s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.
Learn more: www.wspn.io | X | LinkedIn
About Factal
Fractal Bitcoin is the only Bitcoin scaling solution that uses the Bitcoin Core code itself to recursively scale unlimited layers on top of the world’s most-secure and -held blockchain.
Fractal enables infinite scalability and seamless integration with Bitcoin, allowing it to support internet-scale applications while maintaining high consistency with Bitcoin’s core principles.
Fractal is seen as the “innovation playground” for Bitcoin, as it enables developers to flexibly try deployments with OP_CAT enabled, and provides a set of robust APIs and tooling to get started quickly.
Fractal’s proof-of-work (PoW) mechanism — Cadence Mining — utilizes the same SHA256d algorithm as Bitcoin’s, with 1/3 merged-mined with Bitcoin and 2/3 permissionlessly-mined for a balance of security and decentralization. The network is strongly miner-supported, with approximately 50–60% of the Bitcoin hashrates merged-mining Fractal, making it one of the top PoW networks today.
Website | X | Discord | Telegram
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View original content:https://www.prnewswire.co.uk/news-releases/wspn-partners-with-fractal-to-expand-stablecoin-access-on-bitcoin-302325710.html
Fintech PR
JustMarkets Launches the #iLoveJustMarkets Promo with a $100,000 Prize Pool
LIMASSOL, Cyprus, Dec. 12, 2024 /PRNewswire/ — The international CFD broker JustMarkets introduces its #iLoveJustMarkets promo to bring traders and partners together in a community of growth and rewards. Participants can tell their trading stories for a chance to win a share of a $100,000 prize pool. It’s a great way to enter 2025 with pleasant bonuses and reflect on the best trading moments from 2024.
For over 12 years, JustMarkets has been a trusted name in the fintech industry. They earned various widely recognized awards, like Best Broker APAC 2024 and Most Reliable Broker 2024, offering traders exceptional trading conditions: 260 instruments, leverage up to 1:3000, 24/7 customer support, and many more.
The promo will run from December 2024 into January 2025, inviting participants to share their trading experiences and investing goals for the next year in the most creative and touchy way.
What Rewards Await You?
- The first 4,000 participants will receive a $25 promo code.
- The 10 most creative posts will be awarded a $100 bonus each.
Bonuses can be spent on trading activities within the JustMarkets platform — all to maximize your trading potential while minimizing upfront costs.
How to Join the Promo?
- Post your trading experiences on social media using the #iLoveJustMarkets hashtag.
- Tag the official JustMarkets account:
- Facebook: @JustMarketsComOfficial
- Instagram: @justmarkets_official
- X: @JustMarketsCom
- Make sure you are a JustMarkets Client (at least 1 lot traded) or a Partner (at least 1 client referred)
- Enter the link to your post via the submission form provided on the promo page.
Celebrate the start of 2025 by sharing unique story with JustMarkets. Join the promo now, tell the world why #iLoveJustMarkets!
Photo: https://mma.prnewswire.com/media/2578057/JustMarkets.jpg
Logo: https://mma.prnewswire.com/media/2578058/JustMarkets_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/justmarkets-launches-the-ilovejustmarkets-promo-with-a-100-000-prize-pool-302328840.html
Fintech PR
KuCoin and Holdstation Partner to Transform Vietnam’s Blockchain Ecosystem
VICTORIA, Seychelles, Dec. 12, 2024 /PRNewswire/ — KuCoin, one of the world’s leading digital asset technology platforms, is excited to announce the strategic partnership with Holdstation, a prominent player in Vietnam’s blockchain landscape known for its innovative all-in-one asset management and wallet solution. This collaboration aims to propel blockchain adoption and DeFi innovation, fostering initiatives that enhance education, support startups, and create integrated crypto solutions tailored specifically for Vietnam and beyond.
Through this partnership, KuCoin and Holdstation will jointly develop blockchain-enabled applications, enhance infrastructure, and implement start-up accelerator programs in Vietnam. Additionally, the partnership will roll out comprehensive blockchain education initiatives targeting local communities, universities, and broader business collaborations on a global scale.
“Partnering with KuCoin enables us to combine our local expertise with their global expertise, paving the way for significant advancements in blockchain innovation within Vietnam,” said Trung Banh, Co-founder of Holdstation. “We are thrilled to support the community and contribute to the growth of a vibrant digital economy.”
Alicia Kao, Managing Director of KuCoin, stated, “We are proud to establish this strategic relationship with HoldStation. The potential in the Vietnamese market is immense, and we are committed to supporting the local community for the digital economy and blockchain technology.”
By joining forces, the partnership is poised to drive the adoption of millions of new users through the introduction of accessible and innovative tools. It also aims to fuel economic growth in Vietnam by empowering local blockchain startups to unlock their potential and build awareness through high-impact events designed to educate and provide local communities with exposure to the Web3 ecosystem through immersive learning experiences.
About KuCoin
Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 30 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.
KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.
About Holdstation
A next-generation DeFi wallet with a mission to bring decentralized finance tools and crypto accessibility to everyday users, particularly in emerging markets like Vietnam.
Holdstation continues to solidify its reputation as a leading force in the DeFi and Web3 space, boasting approximately 350,000 monthly active users. The platform has generated a total volume of $38 billion and over $3.1 million in fees. As one of the top 4 DEXs globally and the leader on ZKsync, Holdstation is driving innovation through multichain expansion, AI-powered initiatives, Account Abstraction and the introduction of features like prediction markets. Upcoming integrations with Berachain and WorldChain by Q4 2024 will boost liquidity and accessibility positions Holdstation for sustained growth and leadership in the evolving Web3 ecosystem.
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View original content:https://www.prnewswire.co.uk/news-releases/kucoin-and-holdstation-partner-to-transform-vietnams-blockchain-ecosystem-302329870.html
Fintech PR
CBC Group R-Bridge Healthcare Fund Announces up to US$50 Million Financing for Human Investments Ltd. to Fund Motiva® Market Expansion
- Non-dilutive growth financing of up to US$50 million, with a synthetic royalty feature, and availability linked to achievement of certain sales milestones
- Proceeds from the financing will fund Human Investments Ltd.’s expansion of Motiva® devices in Asia
- Transaction highlights R-Bridge’s commitment to supporting access to innovative, high-quality, and safe healthcare solutions
SINGAPORE, Dec. 12, 2024 /PRNewswire/ — R-Bridge Healthcare Fund (“R-Bridge”), an affiliate of CBC Group, Asia’s largest healthcare-dedicated asset management firm, today announced the closing of a non-dilutive growth financing facility of up to US$50 million for Human Investments Ltd.
Human Investments Ltd., through its subsidiaries Motiva Korea and Motiva China, is the exclusive distribution partner in Korea and China for Establishment Labs Holdings Inc.’s innovative femtech solutions in breast health, breast aesthetics and breast reconstruction. The transaction provides Human Investments Ltd. access to non-dilutive growth financing of up to US$50 million, with a synthetic royalty feature, and availability tied to achieving certain sales milestones. The proceeds will support Motiva Korea’s continued growth and market-leading position in the Korean medical aesthetics and reconstruction market. In addition, it will fund the market expansion of Motiva China, following Establishment Labs’ National Medical Products Administration (NMPA) approval in November 2023 for the sale of Motiva® devices in China.
Dr. Michael Keyoung, Senior Managing Director & Head of Private Credit and Royalty at CBC Group, said “R-Bridge is pleased to partner with Human Investments Ltd. in supporting the Asian commercial launch of its innovative and differentiated solutions. We are impressed by the success of Human Investments Ltd. in establishing market leadership in the global benchmark Korean medical aesthetic and reconstruction market. This financing demonstrates our commitment to supporting promising healthcare companies in expanding access to innovative, high-quality and safe solutions aimed at improving health and wellness.”
John Lim, Founder and CEO of Human Investments Ltd., said “Within three years of its launch in Korea, we established Motiva® as the preferred and market-leading brand for augmentation and reconstructive mammaplasty in the Korean women’s health market, and we anticipate replicating that success across Asia. Surgeons and consumers are highly attuned to the latest innovations in science and technology, and we are excited about the opportunities this financing will provide Human Investments Ltd. to position Motiva® as a truly innovative and differentiated option in the Asian medical aesthetic and reconstruction market.”
About R-Bridge
R-Bridge Healthcare Fund is an affiliate of CBC Group, Asia’s largest healthcare-dedicated asset management firm with an AUM of $9 billion, headquartered in Singapore with offices in U.S., Asia, and Europe. With a diversified, multi-product strategy, CBC Group focuses on platform-building, buyout, private credit and royalties, and real estate, across the healthcare space, including pharmaceutical, biotech, medical technology, and healthcare services.
R-Bridge was founded in 2019 to provide alternative, non-dilutive financing for healthcare companies backed by royalties, revenue interests and other cash flow generated by sales of healthcare products and services in Asia as well as globally, with the intent to generate attractive and non-correlated returns for investors. R-Bridge raised its inaugural fund in 2020 and is currently investing from its successor fund, RBF II.
For further information, please visit www.cbridgecap.com
Connect with us on LinkedIn (CBC Group).
About Human Investments Ltd.
Headquartered in the United Arab Emirates, Human Investments Ltd. is the exclusive distribution partner in Korea and China for Establishment Labs Holdings Inc., a global medical technology company dedicated to improving women’s health and wellness through the power of science, engineering, and technology. Through its subsidiaries Motiva Korea and Motiva China, Human Investments Ltd. currently markets Motiva® devices in the Korea and China markets. Motiva® Devices, known for their advanced 3D negative imprinting technology, are recognized for their superior safety and natural look and feel. The Motiva Flora® tissue expander is used to improve outcomes in breast reconstruction following breast cancer and it is the only regulatory-approved expander in the world with an integrated port using radio-frequency technology that is MRI conditional. Since first becoming commercially available in 2010, nearly four million Motiva® devices have been delivered to plastic and reconstructive surgeons in over 85 countries in which they are available. The Motiva® device recently received U.S. FDA approval, representing the first new breast implant PMA approved by the U.S. FDA since 2013. Following regulatory approval by the National Medical Products Administration (NMPA) in November 2023, Motiva® devices were launched in February 2024 in China, leveraging its position as a market leader in Korea.
View original content:https://www.prnewswire.co.uk/news-releases/cbc-group-r-bridge-healthcare-fund-announces-up-to-us50-million-financing-for-human-investments-ltd-to-fund-motiva-market-expansion-302329797.html
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