Former CME Executives Secure Funding to Solve Crypto‘s Prefunding and Capital Inefficiency Challenges with Institutional Coordination Layer

SINGAPORE, July 7, 2025 — BridgePort today announced it has raised $3.2M in total funding to accelerate platform development and expand the team to meet increasing institutional demand for efficient off-exchange settlement market structure. The seed round was led by Further Ventures and is also backed by industry leaders in Virtu, XBTO, Blockchain Founders Fund, Fun Fair Ventures, and Humla Ventures.

BridgePort provides a secure, agnostic middleware to connect exchanges, custodians, and trading firms for streamlined capital allocation and post-trade processes. The platform helps eliminate the need for prefunding and addresses credit and settlement risk through real-time messaging and coordinated collateral management. BridgePort’s setup enhances capital efficiency for trading firms while also providing interoperability across the institutional crypto market.

Nirup Ramalingam, CEO of BridgePort, commented on the news, “This funding from Further Ventures and our production launch mark a major milestone in our mission to fix capital inefficiency and prefunding risks in crypto. We are grateful to our investors for believing in our vision to build the institutional coordination layer for the off-exchange settlement of crypto that will better connect the ecosystem.”

Mohamed Hamdy, Managing Partner, Further Ventures, commented on the raise, “BridgePort is addressing one of the most structurally limiting inefficiencies in digital asset markets – prefunding and credit fragmentation across venues. Their team’s expertise in building ultra-low latency systems for traditional finance uniquely positions them to engineer the institutional coordination layer required for scalable, off-exchange settlement. We see BridgePort’s infrastructure becoming foundational to the next phase of crypto market structure evolution.”

In addition to the seed round, BridgePort’s platform is now live in production on AWS and supports integration via REST APIs and FIX protocol as well as bespoke connectivity. It is actively onboarding exchanges and regulated custodians to extend its settlement network, with future updates focused on enhanced collateral management and deeper pre-trade credit capabilities.

About Further Ventures

Further Ventures builds and invests in companies shaping the future of financial markets.

Through a global platform rooted in emerging economies, Further connects next-generation financial infrastructure with global capital markets. Our portfolio companies enable institutional partners to securely store and transfer assets, trade structured products, secure decentralized networks, tokenize funds, and settle complex transactions with trustless precision.

From San Francisco to Hong Kong, founders choose Further as their institutional co-founder of choice. We make concentrated capital commitments, collaborate closely with regulators, and bring deep domain expertise to build category-defining companies at the frontier of finance.

Website: further.ae
Media inquiries: [email protected]

About BridgePort

BridgePort provides institutional middleware to solve the capital inefficiency, credit risk, and fragmented liquidity inherent in today’s crypto markets. Its agnostic infrastructure serves as the coordination layer for off-exchange settlement by connecting exchanges, trading firms, and custodians which enable secure messaging for pre-order credit allocation and post-trade settlement facilitation. Founded by a team with decades of experience in building fixed income and FX trading platforms for the world’s largest traditional financial institutions. It is backed by industry leaders in Further Ventures, Virtu, XBTO, Blockchain Founders Fund, Fun Fair Ventures, and Humla Ventures.

Media Contact:

Kevin McGrath
Senior Account Director
C: +1 718 915 4829 for Kevin McGrath
Email: [email protected]

SOURCE BridgePort

Strong demand for the Fund reflects attractiveness of Zenyth’s distinct thesis driven strategy and its maniacal focus on operational excellence to create leading healthcare companies and brings the Firm’s total assets under management to $1.5 billion.¹

NEW YORK, July 7, 2025 — Zenyth Partners (“Zenyth” or the “Firm”), a private equity firm that seeks to build leading healthcare services platforms, announced the closing of its second flagship fund, Zenyth Partners II, LP (“Fund II” or the “Fund”), at $375 million in aggregate capital commitments, with additional capital commitments raised via a sidecar co-investment vehicle. Fund II was oversubscribed due to strong support from existing and new investors, and brings the Firm’s total assets under management to approximately $1.5 billion.¹

“We are grateful for the trust placed in us by both our longstanding and new limited partners,” said Rob Feuer, Zenyth’s Founder and Managing Partner. “This support validates our differentiated strategy—combining deep sector expertise with a hands-on approach to building and scaling healthcare businesses from inception. We’ve built a culture of ownership and true partnership at Zenyth, which transcends everything we do, and we look forward to continue building innovative, forward-thinking organizations in our markets.”

Fund II is already deploying capital across its initial platform investments, targeting growth-stage platforms positioned for scale and category leadership. Zenyth’s highly selective, thesis driven, concentrated portfolio approach allows the Firm to devote significant time, resources, and strategic guidance to each investment. This focus seeks to ensure that each company receives the operational support and leadership attention required to achieve transformational outcomes.

“We believe Zenyth’s deep domain knowledge and operational rigor have always set us apart,” added Tim Abbot, Partner at Zenyth. “We are relentlessly committed to building businesses the right way—by implementing strong technology systems, driving operational excellence, and, most importantly, enabling greater quality and access. We believe these are the foundational pillars of long-term value creation.”

Zenyth’s investment model is centered on close collaboration with founders, clinicians, and operators to build healthcare organizations that are patient-centric, scalable, technologically advanced and operationally resilient. The Firm believes it brings a maniacal focus to continuous improvement and performance, striving to establish enduring platforms that elevate clinical standards, empower care teams, and improve outcomes for patients and communities.

Commitments for Fund II came from the Firm’s existing investors and select new limited partners, resulting in a diverse investor base comprised of leading financial institutions, insurance companies, university endowments, funds of funds, and family offices. The general partner of the Fund committed approximately 10% of the Fund’s capital.

Lazard served as placement agent for Fund II and Kirkland & Ellis LLP served as counsel.

About Zenyth Partners
Zenyth Partners is a distinct, highly operationally focused and thesis-oriented investment firm with $1.5 billion of assets under management focused exclusively on building healthcare companies from early stages into leading platforms. Zenyth partners with founders, clinicians, and operators that share similar values, seeking to create differentiated healthcare organizations that support patients, providers, payors, and the community at large. With a concentrated portfolio strategy, hands-on operational involvement, strong technology enablement, and a relentless drive towards quality and operational excellence, Zenyth is committed to shaping the next generation of healthcare leaders. For more information, please visit www.zenythpartners.com.

¹ As of June 30, 2025

Media contact: [email protected] 

SOURCE Zenyth Partners

TORONTO, July 7, 2025  – Two Hands Corporation (“Two Hands” or the “Company“) (CSE: TWOH) is pleased to announce an important new direction for our business and future growth. After careful evaluation, our management and board have made the decision to expand our focus and transition Two Hands into an investment holding company —a move designed to create more opportunities to grow your investment.

To Our Valued Shareholders,

First, thank you for your continued support and patience as we work to build value for all shareholders. We’ve been exploring a number of exciting opportunities, and today we’re ready to share our next steps.

Earlier, we introduced ChefXPerience, a venture we believe has real potential in an underserved part of the food industry. It’s a promising start, and we’re proud of the team driving it forward. Best of all, it’s a project that doesn’t require a large investment to grow.

However, we’ve also come across several other interesting opportunities outside the food sector. Until now, we’ve stayed narrowly focused—but we believe it’s time to widen the lens. That’s why we’ve decided to transition into an investment holding company. What does that mean? Simply put, we’ll be looking to invest in, support, and actively participate in the management of promising businesses—especially in digital markets, technology, fintech, and the Gig Economy.

Our goal is to create additional avenues for expanding Two Hands—and enhancing your investment.

The transition to this new model is subject to the approval of shareholders. To move forward, we will be asking for your vote as shareholders to approve this new business model focused on diversified investments. It is intended that this transition will constitute a “Change of Business” as defined in the policies of the Canadian Securities Exchange (the “CSE“), resulting in the reactivation of the Company pursuant to CSE policy.

We are entering this next chapter with focus and determination. We believe this shift in focus will allow Two Hands to identify exciting new ventures and deliver stronger long-term value for all shareholders.

Thank you for believing in us. We’re excited about what’s ahead.

Sincerely,
Emil Assentato
CEO
Two Hands Corporation

About Two Hands Corporation

Two Hands has been active in the Food Retail and Distribution Service Industry (SIC Code 7389) for several years, focusing on the Consumer Non-Cyclical sector. The Company is dedicated to providing quality products and services to meet the needs of its customers.

Neither the CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement Regarding Forward-Looking Information

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify forward-looking information or statements. Forward-looking statements in this news release include statements regarding the anticipated transition of the Company into an investment holding company, the anticipated benefits of the proposed new business of the Company and the future growth of the Company. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because the Company can give no assurance that they will prove to be correct. Since forward-looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Company’s final long-form prospectus dated April 21, 2022, that is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

SOURCE Two Hands Corporation

BOSTON, July 7, 2025 — Chloris Geospatial, a climate-tech company pioneering satellite-based measurement of forest carbon and ecosystem change, announced today it has raised $8.5 million in Series A funding. The round was led by Future Energy Ventures, with participation from existing investors AXA IM Alts, At One Ventures, Cisco Foundation, Counteract, and Orbia Ventures.

With this new funding, Chloris will accelerate product development, grow its commercial and technical teams, and deepen partnerships across corporate carbon accounting for forest risk commodities and the carbon value chain, meeting the market’s rising demand for verifiable, high-quality nature-based solutions. The company will also expand its operations with a new European hub to support regional growth and customer engagement. 

The investment comes at a pivotal time for the climate and nature agenda, when trust, transparency, and scalable solutions are more urgent than ever.

While the climate and nature crises are global issues, action is taken locally, by governments, project developers, investors, and supply chain actors working across diverse landscapes and regions. Aligning local actions with global ambition demands fit-for-purpose solutions that are both scientifically rigorous and operationally scalable at every level.

Chloris’ technology responds directly to this need, enabling better decisions through transparent, science-based insights.

Developed under the guidance of Co-Founder and Chief Science Officer Dr. Alessandro Baccini, the Chloris technology uses satellite data, proprietary sensor fusion and machine learning to measure vegetation, going far beyond traditional land cover mapping. Chloris is uniquely positioned to provide high-quality, affordable, and timely data on what has happened in every acre of forest around the world since the year 2000.

“This is a decisive moment,” said Marco Albani, CEO and Co-Founder of Chloris. “To protect and restore nature at the pace and scale the climate demands, we need tools that make it easy to act—with confidence. That’s what Chloris enables, and this investment allows us to take it to the next level. We’re thrilled by the support of Future Energy Ventures and honored by the continued belief in our mission from all of our investors.”

As science has been telling us, forests are essential carbon sinks, biodiversity havens, and socio-economic assets—and the urgency to protect and restore them has never been greater. In the past year alone, record-breaking wildfires and declining biomass trends, visible in Chloris data, have highlighted the accelerating loss of forest carbon. Reversing this trend requires scaling investment in nature, but doing so depends on our ability to accurately quantify biomass dynamics with confidence and consistency.

“We invested in Chloris Geospatial because we believe their technology is the missing link to restoring trust and unlocking growth in carbon markets, as well as improving accounting standards. The ability to independently, transparently, and affordably measure carbon dynamics across all woody vegetation globally represents a step change in how we monitor and account for nature-based climate solutions,” said Patrick Elftmann, Managing Partner at Future Energy Ventures.

Across both voluntary carbon markets and corporate supply chains, organizations are increasingly relying on satellite-based insights to assess, invest in, and monitor forest carbon projects and to report emissions and removals in alignment with protocols like the GHG Protocol.

“At AXA IM Alts, investing in solutions that protect, restore, and sustainably manage natural capital is core to our mission. Our continuous support for Chloris reflects our belief that scalable, science-based measurement is critical to driving integrity and impact in both carbon markets and corporate climate strategies,” said Adam Gibbon, Natural Capital Lead at AXA IM Alts.

Chloris’ clients include leading corporations working to monitor forest-risk supply chains and make data-driven decisions aligned with climate goals and carbon accounting standards, forward-looking developers of nature-based solutions, and innovative carbon markets standards. Organizations rely on Chloris’ analysis to quantify forest carbon dynamics with confidence and integrate transparent, science-based data into their climate reporting. 

About Chloris Geospatial

Chloris Geospatial is a leading provider of science-based forest carbon insights, combining AI, machine learning, and satellite technology to deliver high-integrity carbon data at scale. Chloris empowers businesses, governments, and project developers to make informed decisions with consistent, cost-effective, and verifiable data, maximizing impact on the ground.

For more information, visit: www.chloris.earth

About Future Energy Ventures

Future Energy Ventures (FEV) is one of the leading platforms for early-stage climate tech startups and scaleups globally. Fund II, an SFDR Article 9 fund, invests in digital and digitally enabled climate technologies with high potential to redefine the energy world and build cleaner, smarter cities. Founded in 2016, FEV partners with exceptional founders and offers opportunities for financing, cooperation, and scaling through industry and investor partners.

For more information, visit: https://fev.vc/ 

Photo – https://mma.prnewswire.com/media/2724959/Alessandro_Baccini_and_Marco_Albani.jpg
Logo – https://mma.prnewswire.com/media/2724958/Chloris_Geospatial_Logo.jpg

SOURCE Chloris Geospatial

First of its kind institutional-grade fund opens access to a new and growing class of traditional and digital asset-native allocators

HAMILTON, Bermuda, July 4, 2025 — Members Capital Management (“MembersCap”), a Bermuda-regulated investment manager, today completed the successful investment of its initial portfolio through its fund, MCM Fund I, the first tokenised institutional-grade reinsurance fund designed for both sophisticated digital asset investors and traditional allocators. All portfolio trades were executed with global reinsurance companies and top-tier Lloyd’s of London syndicates, and were sourced through the top three global reinsurance brokers.

MCM Fund I opens access to reinsurance income for a rapidly expanding capital base of new investors seeking diversified and uncorrelated investment alternatives with attractive yield and structured liquidity.

The launch represents the growing importance of funds structuring their offerings to take advantage of the continuing convergence between traditional finance and digital assets. Backed by Solana, Aptos, and Cardano and supported by institutions like Coinbase, Archax, Apex Group, and Envelop Risk, MembersCap has selected the Solana, Aptos, Cardano, and Base protocols to provide access to qualified investors wishing to invest using eligible cryptocurrencies.

MembersCap has been selected as the first fund in the real-world assets category on the Archax platform, sitting alongside tokenized offerings from other institutions like BlackRock, State Street, and Aberdeen.

The reinsurance opportunity 

Being fundamentally uncorrelated with the financial markets, reinsurance has consistently outperformed most traditional alternatives over the past two decades. Despite being highly yield-generative, the sector has historically been reserved for pension plans, sovereign wealth funds, and other institutional giants.

Increasingly, both crypto-native investors and smaller traditional allocators are seeking refuge from market volatility by accessing reinsurance as a stable, diversified income stream to support a balanced portfolio and enhance overall returns.

“Every generation is presented with new technologies that unlock economic opportunity. To us, tokenisation and the blockchain represent access to better asset management for a different class of investor,” said Lloyd Wahed, Co-Founder and CEO of MembersCap. “We’re excited to be one of the first institutional funds to emerge from this space.”

“Our investors– digital asset institutions, family offices, HNWIs —want to meet their goals of resiliency and long-term sustainable growth through new and more efficient means. With this novel approach, we’re seeing these investors view reinsurance as a core part of their portfolio for the first time,” said Patrick Barrett, Co-Founder and COO at MembersCap.

“This launch proves that tokenisation can bring new capital to help address the growing insurance protection gap by lowering barriers and providing access to the private reinsurance market,” said Dr. Benjamin Fox, Co-Founder and Chief Investment Officer at MembersCap. “Our tokenised model enables a new cohort of investors to participate pari passu alongside large institutions in an uncorrelated asset class with a track record of reliable, attractive returns.”

Positioned as an alternative to private equity, venture capital, and fixed income strategies, MCM Fund I provides qualified investors with regulated and collateralised access to reinsurance via direct exposure to natural catastrophe and cyber reinsurance contracts sourced through blue-chip global partners.

For Web3 treasuries, foundations, and institutions, the Fund delivers high-yield opportunities and structured liquidity, derived from high-quality, real-world reinsurance returns, without exposure to DeFi volatility and over-concentration in altcoins.

MembersCap was founded in 2024 and is backed by a strong coalition of both institutional and blockchain-native partners. This blend of traditional underwriting expertise and on-chain architecture ensures institutional-grade standards while embracing next-generation accessibility.

About Members Capital Management
Founded in 2024, Members Capital Management (“MembersCap”) is a licensed investment manager regulated by the Bermuda Monetary Authority, bridging institutional finance and blockchain infrastructure. Backed by leading blockchain protocols including Cardano, Aptos, and Solana, and supported by institutional infrastructure from Archax, Coinbase, Apex Group and Envelop Risk, MembersCap delivers a new institutional blueprint: tokenised participation to the global reinsurance market, an asset class traditionally closed to most investors.

SOURCE MembersCap

“Khachkar Studios makes one of the largest philanthropic investments in modern history to advance Judeo-Christian faith”

Get educated with Briefing Packet #5 at https://khachkarstudios.com/ecosystem-briefing-packet-5/ 

WASHINGTON, July 4, 2025 — [EMBARGOED UNTIL 08:00 EDT JULY 4, 2025]

Khachkar Studios today announced a $100 million investment to advance Judeo-Christian faith, one of the largest philanthropic investments in modern history to advance Judeo-Christian faith. This historically unprecedented investment — shepherded by 5,000 senior management hours of world-class benchmarking and management excellence — is primarily focused on revitalizing the U.S. Armenian Christian Ecosystem by closing performance gaps and generating a 6.1x SROI (Social Return on Investment).

1. $100 Million Investment: Khachkar Studios’ $100 million investment is one of the largest philanthropic investments in modern history to advance Judeo-Christian faith, and surpasses by 623% the total religious spending of the four largest Armenian-founded foundations over the past 23 years.
2. 5,000 Hours of Management Excellence: The investment is shepherded by 5,000 pro bono senior management hours of world-class benchmarking and management excellence in 10 skill areas over the next 5 years, which is equally historically unprecedented and will have an unparalleled impact on revitalizing the U.S. Armenian Christian Ecosystem.
3. Total Armenian Church Annual Spending: Khachkar Studios’ historic $100 million initiative is 243% of the total annual spending of all 164 U.S. Armenian churches. Khachkar Studios’ “Good News” media outreach will be more than 25 times the size of all other Armenian religious total media spending in the U.S. combined.
4. Armenian Government Spending: The 2024 increase in Armenian government spending is US$1 billion and 338 times larger than the projected increase in spending by 67 of the largest U.S. Armenian philanthropic organizations.
5. Ecosystem 12 Body Parts: The 3% “Faithful” U.S. Armenian Christian Ecosystem bottom decile performance permeates 11 of the 12 Ecosystem Body Parts with deeply rooted barriers to change, and the lowest percentage “Faithful” Armenian churches believing they are best of the best with possibly insurmountable barriers to change.
6. “Faithful” Attendance: A systemic misconception held by many Armenian Americans is that U.S. Armenian churches have among the highest non-holiday church attendance rates, as high as 35%, when in fact they are 10% of major U.S. religions, and rank next to last – bottom decile – among 23 U.S. Orthodox Christian groups.
7. 3 Near-Term Goals: The 3 near-term goals are focused on closing the performance gap, by doubling the number of “Faithful” from 12,894 to 27,847, increasing the number of daily Bible readers from 1,000 to 41,423, and achieving a 6.1x SROI.
8. High-Impact Pilot Church Funding: Each selected pilot church or ministry can receive between $300,000 and $400,000 or more during the first 5 years of the program from an 8 activities menu (“The Pilot Menu”), approximately 51% of average annual church related income.
9. Performance Gaps: A careful study of the 19 variables of the 37 Potential “2025 Pilots” reveals insights to have an unparalleled impact on revitalizing the U.S. Armenian Christian Ecosystem, by closing performance gaps with a 6.1x SROI.
10. 10 Pervasive Traits: Our 18 months of research – including 69 years of Armenian Church related materials and world-class benchmarking data – is the foundation for understanding why these 10 pervasive traits yield a ≤0% SROI.

About Khachkar Studios: Khachkar Studios is a multimedia studio that empowers Christian role models through “Good News” education-training-retention (E-T-R), shepherded by world-class benchmarking and management excellence. Khachkar Studios is an affiliate of the Charles & Agnes Kazarian Foundation, JI-Analytics, and Japonica Partners.

For more information about Khachkar Studios and its initiatives, contact:
www.khachkarstudios.com
[email protected]

SOURCE The Charles & Agnes Kazarian Foundation

The Open Platform, the leading tech company developing TON-based innovations in Telegram, has announced the completion of its Series A and subsequent extension funding rounds, reaching a $1 billion valuation and becoming the first unicorn in the TON-based ecosystem in Telegram.

The Open Platform raised $28.5 million in an extended Series A funding round, led by Ribbit Capital, with Pantera Capital also participating. Including this latest raise and previous seed investments, The Open Platform has now secured over $70 million in total funding. These investments demonstrate the confidence that leading investors have in The Open Platform’s ability to spearhead the growth of the blockchain ecosystem in Telegram. This ecosystem is being built on TON Blockchain – a fully decentralized and highly scalable blockchain that is the exclusive blockchain partner of Telegram Messenger.

The current strategic focus of The Open Platform centers on geographical expansion. The involvement of prominent investors, along with the newly raised capital, will support the launch of TOP’s portfolio companies across the U.S., EU, and other key regions — in alignment with TON Foundation’s global vision. This expansion will involve significant investment in go-to-market strategies, regulatory licensing, compliance infrastructure, and security enhancements, all aimed at ensuring sustainable growth and long-term success in these new jurisdictions.

Andrew Rogozov, CEO and Founder of The Open Platform, said, “This investment supports our long-term strategy to scale the adoption of blockchain-based products by leveraging the power of Telegram as a distribution channel. By combining TON Blockchain with Telegram’s global reach, we’re building both the infrastructure and the consumer-facing apps needed to onboard a billion users to crypto.”

The Open Platform is driving the growth of the TON-based ecosystem within Telegram, building both core infrastructure and consumer-facing apps across finance, gaming, and entertainment. Products that The Open Platform has powered include Wallet in Telegram, a digital asset solution seamlessly embedded into Telegram’s interface; Tonkeeper, TON’s leading non-custodial crypto wallet; STON.fi, the leading swap dApp on TON and the developer of a liquidity aggregation protocol, Omniston; Getgems, TON’s foremost NFT marketplace; Tribute, a monetization platform for creators in Telegram; and Notcoin, a viral Tap-to-Earn game, along with many more products.

By integrating blockchain technology into everyday digital experience, The Open Platform is creating a seamless, scalable platform designed for a billion users, accelerating the mainstream adoption of crypto — expanding global access to financial services, and enabling a new generation of builders and developers to build the next wave of consumer dApps.

This latest investment from Ribbit Capital, which has previously provided early-stage investment to Coinbase, Nubank, and Revolut, amongst many others, and Pantera Capital, is a testament to the potential these investors see in the integration of blockchain technology into a messenger application with over a billion users. 

Micky Malka, Founder of Ribbit Capital, said, “We back teams that reimagine how the world experiences money and technology. The Open Platform’s vision of building an intuitive and open platform that enables a robust digital ecosystem to form within Telegram — a platform used by hundreds of millions — opens a new frontier of opportunities for builders and users on a global scale.””We’re thrilled to back this exceptional team led by Andrew. The opportunity to support groundbreaking tech and financial products that reach 1 billion people is inspiring,” said Ryan Barney, Partner at Pantera Capital. “We’re excited to collaborate with the TOP team and strengthen our commitment to TON and Telegram’s ecosystems.”

TON Blockchain has been the subject of increased institutional interest throughout this year. In March, TON Foundation announced that several leading investors, including Sequoia Capital, Ribbit Capital, Benchmark, Draper Associates, Kingsway, Vy Capital, Libertus Capital, CoinFund, SkyBridge, Hypersphere, and Karatage, have acquired and now hold $400 million worth of Toncoin, signaling growing interest in the TON-based ecosystem in Telegram.

About The Open Platform:

The Open Platform (TOP) is the leading tech company developing Web3 innovations in Telegram. TOP is fueling the Telegram economy through both foundational infrastructure and consumer-facing apps. By integrating blockchain technology into day-to-day digital experience, TOP is building a seamless, scalable platform designed for a billion users — accelerating the mass adoption of crypto.

For more information, users can visit: top.co

Stay connected on: LinkedIn | X | Telegram

Contact
Public Relations Manager
Anna Lebedeva
The Open Platform
[email protected]

Photo – https://mma.prnewswire.com/media/2724528/The_Open_Platform.jpg
Logo – https://mma.prnewswire.com/media/2724527/5400342/The_Open_Platform_Logo.jpg

SOURCE The Open Platform

PALO ALTO, Calif., July 3, 2025 — Recently, the prestigious media platform Caijing Magazine officially unveiled its “Top 50 Global Chinese Venture Capitalists” list. Wei Zhou, Founding Managing Partner of Cyber Creation Ventures (CCV), earned a coveted spot on the list thanks to his exceptional investment achievements, global vision, and profound influence in the global venture capital ecosystem.

This recognition further cements Wei’s status as a leading figure not only in the venture capital industry but also within the global Chinese business community. Last year, he was named among Forbes’ “Top 100 Most Influential Global Chinese,” a testament to his far-reaching contributions and leadership in shaping the future of innovation and entrepreneurship. His inclusion in Caijing Magazine’s prestigious list this year once again underscores his vital role in driving global technological transformation and fostering cross-cultural collaboration.

In its announcement, Caijing Magazine remarked: “Within the global venture capital landscape, Chinese venture capitalists are redefining the flow of capital with their unique cross-cultural advantages and keen sense of innovation. Over the past three decades, these investors have skillfully navigated the complex waves of global capital, identifying critical signals of technological transformation. The groundbreaking applications and companies they have nurtured represent not only substantial returns but also a powerful value proposition from the global Chinese venture capital community to the world. From Silicon Valley to China, and from China to Southeast Asia, the Middle East, and back to Silicon Valley, they have both shaped and exported the ‘China model,’ playing a pivotal role in global technological and business revolutions. The influence of Chinese venture capitalists on the global stage is undeniable.”

Wei has long been a champion of globalization in the investment community. Against the backdrop of de-globalization, he has repeatedly emphasized the importance of companies maintaining a global strategy to avoid the pitfalls of insular competition. He has proposed a new model of “Distributed Globalization 2.0,” encouraging entrepreneurs to leverage the advantages accumulated over the past 40 years and, with the ingenuity and adaptability of the Chinese people, write a new chapter in globalization.

Wei believes that “Distributed Globalization 2.0” is the optimal strategy for navigating today’s evolving environment. This model harnesses China’s strengths in resources, talent, supply chains, and technology while integrating with local markets, cultures, and regulations to create a distributed system of collaboration that benefits from the comprehensive advantages of a shared platform. He identifies two key breakthrough directions for this model: intelligence and sustainability.

He stated: “Today may mark the beginning of a new era. At this critical juncture, both Chinese companies and individuals must break out of the confines of intense domestic competition and embrace the era of Globalization 2.0. By stepping out into the world and adopting new entrepreneurial models that emphasize distribution and localization, we can create new value. In this age of de-globalization, leveraging the many advantages China has built over the past four decades, and with the intelligence and flexibility of the Chinese people, we can achieve a 2.0 version of globalization. I believe this represents a massive opportunity for the next generation of Chinese entrepreneurs and young people.”

Looking ahead, CCV will continue to partner with outstanding entrepreneurs worldwide to ignite the sparks of technological and industrial innovation, reshaping the global business landscape. The CCV team will also capitalize on the global resources accumulated from managing top-tier international venture capital funds and its current global footprint to provide robust support for Chinese teams entering the era of Global Entrepreneurship 2.0. Together, they aim to create transformative companies and applications that improve lives and redefine industries on a global scale.

Wei’s repeated recognition by global platforms such as Forbes and Caijing Magazine highlights not only his influence in the venture capital world but also his unique role in bridging cultures, fostering innovation, and driving the global success of the Chinese entrepreneurial community. His leadership exemplifies the growing impact of global Chinese leaders in shaping the future of technology, business, and society.

SOURCE Cyber Creation Ventures(CCV)

MUSCAT, Sultanate of Oman, July 2, 2025 — Oman Investment Authority (OIA), the Sultanate‘s sovereign wealth fund, closed 2024 with US $53bn in assets under management and a US $4.12bn net profit, enabling a US $2.1bn transfer to the state budget and reinforcing its growing fiscal role. Recognized among the top ten sovereign wealth funds by Global SWF for five-year annualized returns, OIA is harnessing Oman’s potential through globally diversified investments in future-focused sectors.

OIA invests through three verticals: the National Development Fund (NDF), Future Generations Fund (FGF), and Future Fund Oman (FFO). Spanning over 50 countries, the portfolio remains 63% domestic, with 19.9% in North America, and the rest across Europe, Asia, Africa, and Latin America. The strategy reduces risk while advancing Oman Vision 2040 priority sectors. NDF deployed US $4.9bn in 2024, surpassing its US $4.4bn target to accelerate domestic projects. Energy dominated at 68% of commitments, including additional funding for Duqm Refinery and launching the 500 MW solar plants. The rest targeted logistics, tourism, mining, and telecoms, with capital allocated to Asyad Container Terminal and reopening copper mines.

FGF broadened international exposure through stakes in 13 new funds across AI, healthcare, fintech, and energy transition. As an early investor in xAI, OIA is positioned to capture value from global innovation trends while evaluating its relevance to Oman’s economy.

Launched in January 2024 to attract foreign investors and scale local champions, the US $5.2bn FFO committed US $865mn to projects including the Sohar PolySilicon plant, set to be the world’s largest outside China, and joint funds with IDG Capital and ewpartners targeting ICT, renewables, EV supply chains, and agritech.

OIA portfolio companies repaid US $4.7bn in debt, including prepayment US $1.4bn repayment by state energy group OQ. Sovereign guarantees fell to US $4.7bn, nearly half 2023 levels. Six assets were divested, one more than planned, raising fresh capital and broadening local equity participation. The flagship exit was a 25% IPO of OQ Exploration & Production. These reflect efforts to empower the private sector and attract strategic and financial partners.

OIA continued supporting innovation and entrepreneurship through startup funding, accelerators, and targeted procurement. In 2024, Small Medium Enterprises accounted for nearly 20% of OIA‘s supply chain spend, bolstered by ring-fencing and over US $28mn in direct funding.

OIA strengthened ties with institutional investors and hosted the largest-ever global gathering of sovereign wealth funds in Muscat. This engagement, along with improved disclosure, earned World Bank recognition and supported upgrades that restored Oman to investment-grade status.

Amid energy volatility and geopolitical risk, OIA plans to scale renewables, digital infrastructure, and critical minerals, while trimming hydrocarbons and divesting non-core assets. It also plans to expand co-investment to accelerate knowledge transfer into Omani ventures. With strong 2024 results, deeper capital market access, and a tech-driven project pipeline, OIA is emerging as a key stabilizer of Oman’s public finances.

The 2024 Annual Report is available at www.oia.gov.om.

OIA Press Office
[email protected]
Website: www.oia.gov.om 

Photo – https://mma.prnewswire.com/media/2723771/Oman_Investment_Authority.jpg

SOURCE Oman Investment Authority