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XINKETS to List on NASDAQ on October 5, 2024

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After listing, XINKETS will leverage the capital market to achieve substantial equity financing, further enhancing the company’s strength. It plans to continuously improve its corporate governance, strengthen management, operations, and internal control systems through capital market resources. This foundation will support future financing, business expansion, mergers and acquisitions, and accelerated growth.

XINKETS submitted its listing application to the NASDAQ Stock Exchange on October 5, 2024, officially initiating the listing process. The company is expected to go public later this month, with an estimated post-listing market value of $20 billion!

Five leading investment companies have already subscribed to XINKETS shares: BlackRock Group, Xinkets, New Enterprise Associates, Tiger Global Management, and Sequoia Capital. These firms have collectively invested a total of $3 billion, acquiring 100% of the shares.

Since XINKETS has submitted its asset report to the SEC and NASDAQ, the relevant authorities will audit and supervise XINKETS’ financials to ensure accurate and complete accounting records, books, annual financial audits, and other related documentation. To facilitate a smooth listing, the company will aim to maintain asset stability during the audit period to avoid any major fluctuations that could impact the review results.

Investment Breakdown:

  • BlackRock Group: $2.2 billion, 72% shareholding
  • Xinkets: $300 million, 10% shareholding
  • New Enterprise Associates: $210 million, 7.5% shareholding
  • Tiger Global Management: $150 million, 5.5% shareholding
  • Sequoia Capital: $140 million, 5% shareholding

BlackRock, one of the world’s largest asset management companies, is known for its strong asset management capabilities and extensive industry experience. Through this listing, BlackRock aims to strengthen its leadership in the fintech sector. BlackRock stated, “XINKETS has demonstrated immense potential and innovation in the AI-based quantitative trading field, aligning perfectly with our strategic objectives. This listing is not only a crucial step in expanding our technological influence but also a key move in enhancing our global investment services.”

According to the listing agreement, XINKETS will continue to operate under its existing business model and innovation-driven culture. At the same time, it will leverage BlackRock’s global resources and market influence to expand its technological applications worldwide. BlackRock plans to support XINKETS’ R&D activities over the next few years, driving the development of more advanced algorithms and technologies, helping the company achieve rapid global growth.

The XINKETS team has stated that after the NASDAQ listing, they will continue to focus on technological innovation and further

strengthen their intelligent trading algorithm capabilities. XINKETS plans to deeply integrate BlackRock’s resources and collaborate with leading financial institutions and tech companies globally to drive the transformation of fintech.

XINKETS User Appreciation Campaign:

To celebrate XINKETS’ projected market value tripling post-listing and to thank users for their continuous support, XINKETS is launching a special user appreciation campaign.

Activity 1:

  • During the promotion period, recharge any amount and receive a 100% cashback. The more you recharge, the more you get back!

Activity 2:

  • Referred users’ recharges will reward referrers with 5% cash back on the amount recharged.

Promotion period:

October 5, 2024 – October 15, 2024

For this campaign, XINKETS will set aside $20 million in cashback bonuses. First come, first served!

Currently, XINKETS has made significant contributions to the SAFU fund

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia

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Australia, 25th Nov 2024 – Promotional Product Experts, a leading provider of custom-branded business promotional products, is redefining how companies across Australia promote their brands. Offering a diverse range of items with professional printing and embroidery services, the company ensures businesses can create impactful and cost-effective promotional campaigns.

Whether you’re looking for a simple ballpoint pen or a large golf umbrella, Promotional Product Experts guarantees value, quality, and precision across all items. The company also offers a wide variety of branded corporate promotional materials, including keyrings, clothing and apparel, coffee mugs, bags, satchels, and more. Businesses in major cities such as Brisbane, Melbourne, Sydney, Perth, and Adelaide can benefit from these top-tier services.

A Seamless Experience for Your Brand’s Promotional Needs

Promotional Product Experts understands the importance of delivering exceptional service. The website is designed for ease of use, allowing customers to browse a comprehensive catalog of products and request quotes effortlessly. The team provides accurate artwork specifications tailored to individual items, ensuring the final product exceeds expectations.

“We pride ourselves on providing not only high-quality promotional products but also a seamless and efficient experience for our clients,” said Gavin Sekler, spokesperson for Promotional Product Experts. “From concept to delivery, we’re committed to proactive customer service and timely delivery for complete peace of mind.”

Innovative Product Offerings for Every Need

The company specializes in a variety of promotional products, including:

  • Corporate Cheese Sets: Add a touch of sophistication to your branding with promotional cheese boards. Explore options at Corporate Cheese Sets.
  • Corporate Umbrellas: Make a lasting impression with high-quality branded umbrellas. Learn more at Corporate Umbrellas.

These products are carefully curated to enhance a brand’s visibility while maintaining a professional image.

Reliable Delivery and Expert Support

Promotional Product Experts is committed to delivering a hassle-free experience. With a proactive customer support team just a phone call away, the company ensures businesses can navigate the entire process smoothly. Whether it’s addressing queries or assisting with artwork, the team is dedicated to providing unparalleled support.

Why Choose Promotional Product Experts?

  • High-quality corporate promotional merchandise.
  • Affordable and effective branding solutions for businesses.
  • Proactive customer service and reliable delivery across Australia.
  • Easy-to-navigate website for convenient browsing and quoting.

Businesses seeking impactful promotional products can trust Promotional Product Experts to deliver excellence at every step.

Get Started Today

Join the many Australian companies that have enhanced their brand visibility with Promotional Product Experts. Visit www.promotionalproductexperts.com.au to explore the range of promotional business products and request your quote today.

About Promotional Product Experts

Promotional Product Experts is a trusted provider of high-quality promotional merchandise, specializing in professionally branded business items to meet the marketing needs of companies across Australia. With years of experience in the industry, the company has established itself as a leader by offering a diverse range of products combined with exceptional customer service. Whether for corporate events, employee giveaways, or marketing campaigns, Promotional Product Experts delivers innovative solutions that leave a lasting impression.

Media Contact

Organization: Promotional Product Experts

Contact Person: Gavin Sekler

Website: https://www.promotionalproductexperts.com.au/

Email: Send Email

Country: Australia

Release Id: 25112420419

The post Promotional Product Experts: One-Stop Destination for High-Quality Branded Business Products Across Australia appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

DuckChain Mainnet Launch: Bridging Web2 and Web3 with ISO Innovation

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Last year, Paradigm’s CTO Georgios Konstantopoulos pointed out the inefficiencies in how crypto chains and assets work together via one of his tweets. His thoughts highlighted a major issue in Web3 adoption: complexity.

This native model has become a big hurdle in mass adoption of web3. Even completing one single transaction at times requires too many complex steps Just to make a transaction on a new Layer 1 or Layer 2, a user needs to create an account, securely store the private key or seed phrase, buy gas tokens via a centralized exchange, or bridge assets from another chain-just to start interacting with the new ecosystem.

This process can overwhelm traditional users used to simple “plug-and-play”systems. Thankfully, Web3 builders are introducing “execution-free” solutions to make onboarding easier.

DuckChain: Bridging Web2 and Web3 with ISO

DuckChain is leading the way of this evolution. As the first consumer-grade Layer solution on The Open Network (TON), DuckChain introduced the innovative concept of ISO (Initial Star Offering). This allows users to convert Telegram Stars into on-chain Star assets, bridging Web2 and Web3 seamlessly.

This unique feature makes DuckChain the key to onboarding millions of Telegram users into Web3. It also connects TON with EVM and Bitcoin ecosystems, boosting liquidity and bringing developers to TON.

The market has also recognized DuckChain’s narrative and growth potential.

DuckChain’s Testnet Achievements

DuckChain’s testnet was a massive success:

  • Daily Active Users: Over 2 Million on MiniApps
  • Total Transactions: 29 million
  • User Deposits: $2 million from Web2 users
  • Paying Users: 1 Million
  • Partners: Supported by 20+ partners like Arbitrum and OKX

With the mainnet launch, DuckChain is all set to accelerate Telegram’s evolution into a super app and open a portal connecting the Web2 and Web3 worlds.

ISO: Introducing Telegram Stars as Unified Gas for Chain Transactions

DuckChain, the first TON-based Layer solution built on Arbitrum Orbit, positions itself as a consumer layer. Its mission is to onboard nearly a billion Telegram users to blockchain infrastructure.

Today, most blockchains use their native tokens as gas fees which means users need different tokens for various ecosystems, which makes cross-chain transactions complicated. DuckChain solves this by creating a unified gas system through ISO (Initial Star Offering). With ISO, Telegram Stars can easily be turned into on-chain assets to pay gas fees.

DuckChain’s new mainnet supports assets for on-chain activities. Future updates will also add features like account and chain abstraction to make transactions even easier.

Telegram Star, the native token for the Telegram ecosystem, simplifies payments for services and goods. It can be purchased directly with Apple Pay or Google Pay without needing third-party platforms. Both Web2 and Web3 users can use Telegram Stars within DuckChain, making transactions simple and accessible.

This system not only connects Web2 and Web3 users but also opens doors for wider use of decentralized finance (DeFi) within Telegram’s ecosystem.

DuckChain: Enabling Telegram’s Super App Ambitions

Telegram has integrated with TON and launched MiniApps, aiming to become a Web3 super app.

However, building a mature Web3 ecosystem requires three essentials: user traffic, liquidity, and a thriving ecosystem.

Currently, the Telegram ecosystem faces 3 key challenges:

  1. A predominantly off-chain user base of nearly 1 billion.
  2. A TVL of $300M concentrated in TON and stablecoins, indicating liquidity shortages.
  3. Complex development frameworks which slows developer participation.

DuckChain addresses these challenges through ISO, liquidity hubs, and modular development tools.

TON’s Liquidity Hub

EVM-compatible chains currently hold 80% of the total $100 billion in DeFi, while Bitcoin assets represent a large, untapped $1.8 trillion market. TON’s ecosystem, however, faces liquidity shortages. DuckChain, built on Arbitrum Orbit, connects TON with EVM-compatible ecosystems for seamless interoperability.

Moreover, it integrates deeply with Bitcoin L2 solutions, such as Babylon, making it a crucial bridge for TON’s liquidity and value exchange.

DuckChain’s mainnet introduces solutions like multi-chain and liquidity abstraction, enabling users to pay gas fees using various tokens, including TON and Telegram Star. It also incentivizes TON staking through DuckChain, offering annual yields and facilitating liquidity flow between ecosystems.

Modular Tools for Developers

To overcome TON’s development complexity, DuckChain collaborates with Arbitrum to provide an EVM-compatible framework, simplifying the creation, deployment, and migration of applications. Developers can leverage staking, marketplaces, DID systems, and other modular tools to build scalable dApps, seamlessly integrated with Telegram MiniApps.

DuckChain has already attracted over 50 ecosystem projects, fueling early-stage growth in TON’s application layer.

Soda Lee

https://duckchain.io/

info@duckchain.io

SOURCE: DuckChain

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes

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Dark Academia Fashion offers quality products for those who cherish classic style and the beauty of Dark Academia.

New York, New York, United States, 25th Nov 2024 – Introducing Dark Academia Fashion, a new online store crafted for lovers of Dark Academia Aesthetic. This carefully curated selection of clothing, accessories, and decor allows visitors to step into a world of intellectual charm and classic elegance, inspired by ivy-clad campuses, timeless literature, and scholarly sophistication.

Dark Academia fashion is more than just a look—it’s an aesthetic that reflects a love for knowledge, art, and classic style. At our Fashion Shop, discover wool blazers, cozy sweaters, pleated skirts, and accessories like leather-bound notebooks and vintage-inspired jewelry, each evoking the moody allure of academia.

What’s on Offer?

Our shop offers a variety of products carefully tailored to each aspect of the Dark Academia aesthetic, including:

Clothing: From tweed blazers and high-waisted trousers to cozy wool sweaters and pleated skirts, our clothing line combines classic cuts with vintage-inspired designs. Each item is crafted to fit seamlessly into the wardrobe of anyone who appreciates understated elegance and academic style.

Accessories: The right accessories can elevate any look, and we offer a range of items designed to complement the Dark Academia wardrobe. Think vintage brooches, leather-bound notebooks, tortoiseshell glasses, and more to complete your look.

Home Decor: A true Dark Academia aesthetic is incomplete without a space that reflects the same mystery and intellectual charm. Our decor selection includes antique-style bookends, brass candle holders, and framed artwork inspired by classic literature and Renaissance art—perfect for creating an atmosphere reminiscent of a time gone by.

To celebrate the launch, Dark Academia Fashion is hosting a virtual event featuring live styling sessions, exclusive product previews, and special giveaways. Register for free on our website and follow us on social media for updates.

Media Contact

Organization: Dark Academia Fashion

Contact Person: Customer Support

Website: https://darkacademiafashion.com

Email: Send Email

Address: 815 Liberty Ave

City: New York

State: New York

Country: United States

Release Id: 25112420415

The post Dark Academia Fashion – The Ultimate Online Destination for Fashion, Aesthetic and Clothes appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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