LONDON, April 24, 2025 /PRNewswire/ — Holiston Media has announced the winners of its first ever Global Crypto Awards, with some of the industry’s big names topping the list!

Covering areas such as digital assets, exchanges and wallets, to crypto trading platforms, technology and payments, the Global Crypto Awards has sought to highlight the success and innovation across the sector with ten top businesses claiming an award.

Comments Archie Humphries, Director at Holiston Media, “We saw an opportunity in the market for a standalone truly independent crypto and digital assets awards. The Global Crypto Awards 2025 celebrate the best product and service providers who are pushing the boundaries of innovation and service in the crypto, digital asset and supporting technology and service spaces.”

“We have been overwhelmed by the reaction to these new awards. There were 69 nominated companies, who in turn received hundreds of votes from those in the industry and we’re very pleased to reveal our ten very worthy winners,” adds Archie.

Best Crypto Payment Services Provider                              – ForumPay

Best Crypto Provider Global                                                 – Binance

Best Crypto Regulation, Legal and Compliance Provider   – Chainalysis

Best Crypto Trading Platform                                              – PrimeXBT

Best Crypto Wallet                                                              – Coinbase

Best Digital Asset Custodian                                              – Anchorage Digital Bank

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Best Digital Asset Exchange                                              – Kraken

Best Mobile Trading Platform/App for Crypto Trading       – Revolut

Best Provider of Crypto FinTech                                        – Revolut

Best Provider of Crypto Innovation                                    – BCB Group

Launched in 2018, Holiston Media has built a trusted name for itself in the financial awards sector having seen more than 350,000 public votes cast across its portfolio of renowned awards: Global Forex Awards – Retail, Global Forex Awards – B2B, The Professional Trader Awards and the Online Money Awards.

Now it is offering those in the crypto and digital asset sectors an unmatched opportunity to boost their profile and credibility, whilst increasing their visibility in the industry.

To find out more about these awards visit https://www.globalcryptoawards.com/

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Company Achieves Record-Breaking First-Quarter Revenue
Driven by Balanced Growth in Home Appliance and B2B Sectors

SEOUL, South Korea, April 24, 2025 /PRNewswire/ — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 22.74 trillion and operating profit of KRW 1.26 trillion for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed KRW 1 trillion during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales.

Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered record-breaking quarterly revenue and operating profit. Combined operating profit from the Vehicle Solution Company and Eco Solution Company increased 37.2 percent year-over-year, with revenue climbing 12.3 percent.

The Home Appliance Solution Company, LG’s flagship business and primary profit generator, also recorded its highest-ever quarterly revenue while maintaining global market leadership. The business is rapidly transforming through innovative models such as subscription services and D2C sales. Meanwhile, the media and entertainment segment demonstrated solid performance, led by continued growth in LG’s webOS-based advertising and content platform.

The LG Home Appliance Solution Company reported first-quarter revenue of KRW 6.70 trillion and operating profit of KRW 644.6 billion. Compared to the same period last year, revenue increased by 9.3 percent, setting a new record, and operating profit grew by 9.9 percent. The Company continues to maintain its market leadership while accelerating the growth of its subscription and D2C sales.

Looking to the second quarter, the Company anticipates increased uncertainty due to shifting global trade policies and increasing market competition. To address these challenges, the Company will expand its portfolio of new and volume-zone products, while deepening its focus on subscription and online businesses. Additional priorities include focusing on opportunities in B2B such as built-in appliances and external sales of key components like motors and compressors. Profitability efforts will center on enhancing cost competitiveness through optimizing operational efficiency.

The LG Media Entertainment Solution Company posted first-quarter revenue of KRW 4.95 trillion and operating profit of KRW 4.9 billion. While TV demand remained soft, growth in webOS-based advertising and content services made a greater contribution to performance. Revenue remained in line with the previous year, though profitability was impacted by rising LCD panel prices and higher marketing spend.

In the second quarter, the Company will seek to create synergies across its display-focused businesses, including TVs, commercial displays, and IT products such as laptops and monitors. While the market recovers slowly, the Company will emphasize profitability, particularly through premium products. The expanding webOS-based platform will aim to increase geographic reach and product base while advancing strategic partnerships with content providers to maintain its growth trajectory.

The LG Vehicle Solution Company recorded its highest-ever quarterly revenue and operating profit, with revenue of KRW 2.84 trillion and operating profit of KRW 125.1 billion. Growth continues to be powered by a robust order backlog totaling KRW 100 trillion. Notably, profitability improved in the in-vehicle infotainment business, where premium product share is steadily increasing. In the second quarter, the Company aims to sustain revenue growth and solidify a stable profit structure by expanding high-value product sales, optimizing operations in the EV component business, and enhancing resource efficiency.

The LG Eco Solution Company also achieved record-high quarterly revenue and operating profit. First-quarter revenue reached KRW 3.05 trillion, with operating profit of KRW 406.7 billion, resulting in a strong operating margin of 13.3 percent. Year-over-year, revenue rose 18.0 percent and operating profit grew 21.2 percent. Since the beginning of 2025, LG has operated its HVAC business as an independent division, with noticeable performance gains driven by efficient resource allocation and a B2B-focused organizational structure.

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Alongside the Vehicle Solution Company, the Eco Solution Company serves as a core engine of LG’s B2B growth. In the second quarter, the Company will seek to expand sales of new residential HVAC products and secure commercial air conditioning contracts in emerging markets. It also plans to target large-scale industrial and power-generation projects – including AI data centers – by leveraging its ultra-large chiller solutions.

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DUBAI, UAE, April 24, 2025 /PRNewswire/ — Azentio Software, a leading technology enabler in the BFSI space, is proud to announce the opening of newly expanded and upgraded office spaces in Dubai, United Arab Emirates, and Cairo, Egypt, as part of its ongoing growth strategy in the Middle East and Africa region.

While Azentio has maintained a strong presence in both cities for many years, these new offices represent a significant milestone in the company’s regional evolution, reflecting its long-term commitment to closer client engagement, local innovation, and talent investment.

The new Dubai office, located in Business Central Towers in Dubai Internet City (DIC), will serve as Azentio’s Middle Eastern regional hub and a true Center of Excellence for the business, playing a critical role in accelerating growth, driving operational excellence, and supporting clients across the region with even greater proximity and efficiency.

In Cairo, the larger, more sophisticated office space will further strengthen Azentio’s ability to collaborate with financial institutions, insurers, and enterprises, while also supporting local hiring and delivery capabilities.

This regional investment follows closely on the heels of Azentio’s recently expanded offices in Bangalore and Chennai, India, which were also officially unveiled this year. Together, these developments underscore the company’s focus on expanding its operational footprint in high-growth markets and supporting customers with on-the-ground presence and expertise.

“We’ve always believed in being close to our customers, and this next chapter in Dubai and Cairo is a reflection of that philosophy,” said Sanjay Singh, CEO at Azentio Software. “These new spaces are more than just offices, they’re a signal of our intent to double down on our presence in the MEA region and continue to invest in the resources and environments that will help our teams, and our clients, thrive.”

About Azentio

Azentio is a leading provider of purpose-built, intelligence-driven technology solutions designed to transform the banking, financial services, insurance (BFSI), and enterprise resource planning (ERP) sectors. By combining cutting-edge innovation with deep domain expertise, Azentio empowers businesses to accelerate growth, enhance operational efficiency, and stay ahead in a rapidly evolving market. With a strong presence across the Middle East, Africa, and Southeast Asia, Azentio delivers world-class technology that streamlines processes and delivers tangible results, enabling organizations to achieve sustainable success. For more information on Azentio, please visit www.azentio.com.

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