LONDON, May 21, 2024 /PRNewswire/ — The Founder and Chairman of Partners Capital, Stan Miranda, has launched the True North Institute, a think tank focused on researching new approaches to institutional investment strategy. As articulated by Miranda, “the aim of True North is to share insights into the science of institutional investing with CIOs from among the leading sovereign wealth funds, large pensions, foundations, endowments and family offices.”

Partners Capital was founded to “right the wrongs” of an investment industry that was, and still is, flawed with conflicts of interest, an acute lack of transparency, and performance not properly reported against the appropriate risk-adjusted benchmarks. The True North Institute’s aims are a continuation of the founding principles of Partners Capital which is to develop and share the deepest of insights into the science of institutional investing whether from Stan and his True North Institute, Partners Capital or from highly respected third-party sources.

Partners Capital CEO, Arjun Raghavan, highlighted that “True North creates a dedicated and formal knowledge sharing forum that brings together many of the relationships we have built up over the past 20 years with some of the most thoughtful institutional investors from around the world. By devoting time to the Institute, Stan will convene groups of thought leaders who should be able to generate powerful insights that benefit the entire investment industry.”

Miranda aims to formalise and enlarge his network of relationships with CEOs and CIOs of many of the most highly respected investment institutions in the world. He sees True North as a forum for sharing thoughts on the most pressing long-term issues with the greatest potential impact on institutional investment returns. Many institutions have long embraced the endowment model of investing as pioneered over 30 years ago by David Swensen and the Yale Endowment. True North seeks to discover, innovate and share new ways to evolve that model, drawing on learning from the Canadian pensions, sovereign wealth funds and progressive institutional family offices. Stan and his True North team see themselves as a laboratory for undertaking research that will benefit all members of this forum.

True North has significantly deepened the research previously undertaken by Stan and others at Partners Capital on the Global Energy Transition with recent publications on clean hydrogen, renewables penetration and carbon taxation.  Professor Luis Viceira of Harvard Business School, who recently wrote and published a case study on Partners Capital, commented that “Stan’s research and writing has long been a major distinguishing feature in the world of Outsourced CIOs.  I am very excited to see Stan applying this skill in a more focused manner inside the True North Institute, in an aim to innovate around best practice in institutional investing. I hope to contribute to that research and to benefit from it for the students here at HBS.”  

True North believes that all institutional investors need to build their own domain expertise in the energy transition so that capital is most effectively allocated to the highest return investments at the centre of the energy transition. True North leverages the network of experts from Clean Air Task Force, think tank OpenMinds and Bain & Company’s energy practice.

The True North Institute is an entity independent of Partners Capital, but which maintains a close relationship to jointly achieve the mission of taking the most advanced proven institutional investment approach to the world’s owners of Investment capital.

ABOUT TRUE NORTH INSTITUTE

True North Institute is an independent investment research organization based in London, England.  It is wholly dedicated to the development and sharing of deep research into seminal issues facing institutional investors, such as the energy transition, artificial intelligence and the future of private vs public equity markets. Additional information on True North Institute can be found at http://truenorthinstitute.com

ABOUT PARTNERS CAPITAL

Partners Capital is a global outsourced investment office acting for highly regarded endowments and foundations, senior investment professionals and sophisticated ultra-high-net-worth families in Europe, North America and Asia. The firm manages $55B in assets and has 400 employees across its seven global offices.¹ Additional information on Partners Capital may be found at http://www.partners-cap.com 

Contact:
Prosek Partners
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DUBAI, UAE, May 21, 2024 /PRNewswire/ — Bybit, one of the world’s top three crypto exchanges by trading volume, today celebrates a monumental milestone: surpassing 30 million registered users globally. This remarkable achievement comes alongside a period of exceptional growth, solidifying Bybit as a frontrunner in the blockchain industry.

Market Share Soars, User Trust Flourishes

Bybit’s market share in spot trading has skyrocketed from 2% in 2023 to a staggering 9.3% in 2024, a nearly 400% surge according to the latest Kaiko Research quarterly report. This significant leap from the previous year’s 7.3% firmly establishes Bybit as a leader in cryptocurrency exchange.

Bybit attributes this growth to its unwavering commitment to user security and trust. The company prioritizes asset safety through the regular publication of proof-of-reserve audits, ensuring transparency and accountability with user funds. Additionally, Bybit boasts an impeccable security record, with no major breakdowns or hacking incidents since its inception in 2018.

This dedication to security and transparency is further validated by industry recognition. Bybit has received a perfect 10/10 Trust Score from CoinGecko and an ‘AA’ rating in the recent CCData Crypto Exchange Benchmark Report.

“Reaching 30 million registered users is a humbling achievement, and it wouldn’t be possible without the unwavering support of our vibrant global crypto community,” said Ben Zhou, Co-founder and CEO of Bybit. “We are incredibly grateful for their trust and remain committed to providing best-in-class, reliable services tailored to local needs. Bybit actively collaborates with regulators worldwide to ensure compliance and responsible innovation.”

Looking Forward: Bridging the Gap to Web3

Bybit has consistently been at the forefront of Web3 innovation, reshaping how users interact with the blockchain ecosystem through user-centric and engaging platforms. In 2024, we have expanded our suite of offerings with breakthrough solutions like the Airdrop Arcade, NFT Pro, and Inscription Marketplaces.

These platforms are meticulously designed not only to lower entry barriers and simplify the user experience but also to enrich it by curating opportunities to invest in and support a diverse range of promising, trending, and blue-chip tokens and projects. Our most recent Solana Fiesta and Bitcoin economy livestream introduced many Web3-curious individuals to the fast-growing ecosystems and their opportunities.

This curation consistently ensures that our users have access to the most rewarding and reliable opportunities in the Web3 space, making participation not only easier but also more enjoyable through gamification and advanced data intelligence. This commitment extends to the upcoming launch of Bybit Web3 DEX Pro, a cutting-edge decentralized exchange platform powered by revolutionary i-SMART data intelligence technology. This represents Bybit’s commitment to innovation that empowers, providing tools that not only meet but exceed the needs of modern traders and investors.

“Today’s milestone signifies more than just numbers; it’s a testament to our ongoing dedication to revolutionizing the crypto landscape,” emphasized Zhou. “Bybit remains committed to shaping the future of crypto. We will continue to uphold the values of listening, caring, and improving, to serve our 30 million users with the most professional products. Protecting the interests of our clients will be ingrained in all product designs. We envision a world where Web3 empowers every individual, where financial inclusivity is not just a goal but a reality.”

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is one of the world’s top three crypto exchanges by trading volume with over 30 million users. Established in 2018, Bybit offers a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

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LONDON, May 21, 2024 /PRNewswire/ — Wirex, a leading Web3 money app, is proud to announce that Chet Shah, Global Chief Risk & Compliance Officer at Wirex, has joined CryptoUK’s newly established Policy Committee.

CryptoUK, the premier trade body representing the UK’s digital asset sector, formed its new Policy Committee which brings together industry-leading experts from the legal, regulatory, and compliance sectors. The committee’s mission is to provide strategic policy guidance, advocate for regulatory clarity, and foster innovation to support the growth of the UK’s digital assets industry.

This appointment underscores Wirex’s commitment to advancing regulatory clarity and innovation in the digital asset sector.

Chet brings a wealth of experience in risk and compliance. His background covers banking, auditing, and traditional finance, as well as solid expertise in the cryptocurrency space. At Wirex, Chet has been crucial in building and improving relationships with global regulators, including the Financial Conduct Authority, and authorities in countries including Singapore, Croatia, and Italy.

Chet’s approach prioritises commercially focused compliance and risk management, ensuring that Wirex operates smoothly at the intersection of traditional finance and Web3. His ability to balance regulatory requirements with innovation has been key to Wirex’s growth and success.

Commenting on his appointment, Chet said, “My experience aligns perfectly with the committee’s goals and together, we can advocate for policies that balance regulation with growth in the digital assets space.”

About Wirex 

Wirex is a prominent UK-based digital payments platform with over 6 million customers spread across 130 countries. It offers secure accounts, making it easy for users to store, purchase, and exchange multiple currencies seamlessly. As a principal member of both Visa and Mastercard, Wirex goes beyond traditional services, embracing the evolving trends of Web3 to provide mainstream access to digital finance and wealth management.

Having processed transactions totalling $20 billion, Wirex aims to contribute to the adoption of a cashless society by facilitating straightforward transactions in various currencies worldwide. Wirex is simplifying digital payments, making it more accessible and convenient for people across the globe.

| wirexapp.com |

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