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Italian Founders Fund raises inaugural €50m for seed and pre-seed startups

Italian Founders Fund

Italian Founders Fund (IFF), the first-ever Italian Venture Capital fund created by founders, for founders is today announcing the launch of its debut €50m fund. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, IFF is driven by a shared goal: empowering Italy’s next generation of exceptional talent and digital innovation. With over €50 million of entirely private capital raised, the fund was born as a direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. Italian Founders Fund’s investment strategy focuses on being the lead investor in the pre-seed and seed rounds of innovative startups led by Italian founders, whether operating in Italy or abroad, while also being able to target foreign startups interested in entering the Italian market. IFF is led by Lorenzo Franzi, former partner at Global Founders Capital. Lorenzo brings a remarkable international professional background, ranging from investment banking to experience as the founder of a digital startup. After many years abroad, Lorenzo has returned to Italy to launch the fund by partnering with a group of the best Italian founders. Lorenzo Franzi, founding partner at Italian Founders Fund commented: “A new chapter has begun for the Italian Venture Capital ecosystem. We’ve brought over 100 founders onboard, including key figures from Italy’s entrepreneurial and innovation sector, and we also have representatives from the firmly established business owner/investor community. This positions us to set up a truly integrated system that can promote and support Italy’s promising ecosystem both at home and on the global map. We are convinced that by unifying the country's ambitions and talents, we’ll help shape our future economy for the better. “Thanks to the background and network of our founder-investors, we aim to enable promising projects to emerge and grow, transforming untapped potential into companies capable of generating value, change, and jobs. I believe this is a significant sign of maturity for the Italian digital ecosystem, as seen in other countries where the presence of VC funds fueled by private capital and the experience of successful founders is a clear indication of a maturing and growing ecosystem.” The fund, housed within the management company Koinos Capital SGR, stands out on the peninsula for its uniquely collaborative community approach. In addition to funding, IFF offers its portfolio companies the expertise, experience, time, and network of a diverse and highly qualified investor base. Within the IFF, founder investors also actively participate in the process of identifying investment opportunities and analyzing them, allowing the investment team to gain an even deeper understanding of the sector and the challenges faced by target companies. By becoming the top investment network for ambitious Italian founders, IFF will serve as a privileged gateway for international funds looking to invest in Italy, facilitating co-investment from the earliest stages. IFF aims to complete 25 transactions over its investment period, with initial investments ranging from €500,000 to €1.5 million and the possibility of accessing an additional €2.5 million in subsequent rounds. From the very beginning of its fundraising stage, the initiative has registered remarkable interest, allowing the fund to quickly finalize its first two investments. The first announced investment is in Jet HR, a tech company focused on removing the pain of HR management bureaucracy. This investment marked the largest pre-seed round in Italy, with IFF co-investing alongside Exor Ventures. And it’s paying off: in just a few months since its official launch, JetHR has already achieved €1 million in annual recurring revenue, positioning itself among the top 10% of Software as a Service startups in the world when comparing rapid growth. IFF’s second investment has been made in Glaut, aiming to improve the market research and surveys sector using artificial intelligence. Glaut's round involved the participation of various international funds and angels. Beyond these completed deals, three new transactions are currently in the finalization stage. Marco Ogliengo, founder and CEO at Jet HR added: “So many VCs claim there's more value than just the money but, too often, founders are left shortchanged on value. IFF is unique, however, as it's backed by basically every successful Italian founder, and the partners are founders themselves. It's a very powerful network, giving you better access than any other VC in Italy can today." Marco Morgese, CEO of the management company KOINOS Capital SGR commented: "This type of founder-led fund is already prevalent in markets where innovation is at the forefront of industrial development policies. We see them in the USA with Founders Fund, which has been around for almost 20 years, as well as in Europe where 10x founders operates in Germany, Galion.exe in France, ByFounders in Scandinavia, and Dutch Founders Fund in the Netherlands. Given the crucial role of innovation in the country's industrial development, the IFF project represents the natural evolution of Koinos. We have been transitioningfrom a private equity fund supporting small and medium-sized Italian businesses to a multi-asset platform encompassing both private equity and venture capital, all while maintaining a strong entrepreneurial spirit.” About Italian Founders Fund Italian Founders Fund (IFF) is the first-ever Italian Venture Capital fund created by founders, for founders. Backed by a diverse group of Italian entrepreneurs covering a range of generations and sectors, the fund was born in direct response to the Italian founders community's desire to put Italy on the map of the best spots in Europe to open a company. IFF is driven by a shared goal: to invest in and empower Italy’s next generation of exceptional talent and digital innovation. For more information please visit https://italianfoundersfund.com/ or follow via LinkedIn. Contact Details Italian Founders Fund Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://italianfoundersfund.com/

June 10, 2024 08:00 AM Eastern Daylight Time

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Dogwifhat Hype Cools Down: Holders Jump Ship To Floki And Viral AI Meme Coin Raboo!

Total Media

Following the surge of meme coins into the digital space, crypto holders have now seen an opportunity to make an investment and get great returns. Because the value of these coins is rising quickly, it is hard not to see a crypto enthusiast who has yet to invest in at least one. These coins are an excellent market opportunity and many of them have proven to be of great value to investors who hold them. Two exciting meme coins held by many investors today include Dogwifhat and Floki. These coins, just like many other meme coins, have been invested in before their launch date and have turned out to be valuable. But with a new meme coin, Raboo, coming into the market space, you could even get a much greater return. The returns are so promising that the value of the coin can rise 233% in its presale token on launch day. Watch out for Raboo! Dogwifhat Holders Are Looking For Alternatives Dogwifhat is a popular meme coin held by many investors and there has been an uptrend in its value judging from when it started. However, the trend in the value of Dogwifhat recently hasn't favored those who hold this coin, especially recent buyers. The value of a Dogwifhat is $3.43 and in the last 24 hours, there has been a 2.3% drop in value. The recent bearish movement of the coin has made the coin holders fear that they might lose a lot and has caused them to look for better options that will give them a better return on their investment. Floki Rises 30% in Value Following the latest uptrend, Floki has hit the highest value it has ever been since its launch. This rise has exposed the Floki to the general public and has made it one of the best coins to buy now in 2024. The value rise of Floki has caused crypto enthusiasts to invest their money into it. However in the last 24 hours, there has been a 4.6% drop in value and the coin now trades at $0.00031 per token. Recent buyers hope the recent drop in value is just a glitch and expect that the uptrend will continue. They also won't pass on the opportunity to invest in other meme coins that show a promising future. Raboo Storms The Market Raboo is a top digital coin built by the best developers. It is a new AI meme coin expected to burst into the crypto market soon. Experts say Raboo is one of the best coins to buy now especially if you are a newbie in the crypto world or a veteran hoping to make the most of meme coins. The exciting thing about Raboo is that you don't have to wait till its launch day before you make returns. Raboo holders can grab exciting $RABT tokens and win exclusive rewards when it is launched into the market. Raboo has been looked into by many analysts and they have given nothing but positive reviews. They predict that Raboo will overtake many meme coins including Dogwifhat and Floki before the end of 2024 and in years to come, it will be one of the leading coins in the market. At the moment, Raboo’s presale token goes for $0.0048 and it's in the fourth Stage of presale. There are already over 8,000 registered users and you can be a part of this great community. Be a part of this community and earn while you interact. Conclusion Investors of Dogwifhat and Floki now see Raboo as a better option to invest in. Aside from earning, Raboo comes with extra benefits that you shouldn't miss out on. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 09, 2024 12:00 PM Eastern Daylight Time

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Ripple Selling 400m XRP, Price Dump Incoming? JASMY Fluctuates As Investors Shift To New Viral Contender

Total Media

The longstanding Ripple (XRP) lawsuit is affecting XRP's trading price, and its investors are getting agitated. Apparently, Ripple could be facing a long year in the crypto market with all the token dumps this year. The other option is not so great either, as JasmyCoin's recent pumps and dips have left the long-term users in doubt. Here's a bit on the upcoming meme giant. Ripple is facing even grimmer times ahead in the crypto market If you thought XRP was in bearish waters, the next few weeks are about to get rougher. And it has a lot to do with the ongoing legal battles with the Securities and Exchange Commission. Already, Ripple's place among the top altcoins is threatened. About two weeks ago, some whale accounts dumped their tokens on BitStamp and Bitso, amounting to about $50 Million worth of XRP. While many thought that it might just be Ripple unlocking more tokens, there's been a more recent three-billion-dollar offload from the Escrow account to Ripple's wallet. The huge Ripple price movements have been suspect among Ripple whales, and there could be sell pressure on the XRP token following such activities. So far, Ripple hasn't offered any explanation for the huge movements, and XRP is still on a 0.33% loss after a largely unremarkable month. JasmyCoin (JASMY) might not be the alternative investors expect JasmyCoin hit the crypto news with its pump two weeks ago, which has helped JASMY to 99% monthly gains. May was a great month for JASMY, but the token fell due to token dumping early in June. DWF Labs deposited about 97 million JASMY tokens ($3.3 million) on Binance over the past three days, resulting in a dip in JasmyCoin's timeframes at every deposit. The cascade didn't end there, as many more JasmyCoin traders have also decided to cash in on the token. The profit-taking has eaten into the JASMY price pump throughout May, and the token is now down to 2.24% on the daily chart. The effects of large token holders could affect traders, and many investors are already off to the next big thing in the crypto market. Thankfully, it's not too far away; Raboo's presale is here! Raboo is a more consistent bullish option for summer traders Raboo opened the summer with $0.003 on its presale, and everyone expects a spike of 233% from the event. The $RABT token has pumped to 60% profits, as each token now goes for $0.0048. The meme project will leverage AI to create memes fit for entertainment. Unlike its meme counterparts, Raboo plans to keep the meme stream fresh every day. With even funnier memes, $RABT is set to become the next best thing in the crypto-verse. The traffic that will hit the platform could bring a pump to outpace Dogecoin's surge in 2021. However, profits are not all Raboo has its sights on. The members of the $RABT community are the first beneficiaries of the ecosystem. They have a chance to monetize their social media posts through Raboo, as the generative AI is on hand to convert all that content into profits. Conclusion The fun part about Raboo is that you can start earning even more $RABT tokens as soon as you get some of yours from the presale. The project is in Stage 4 of presales and going for $0.0048. Stage 1 investors are already pocketed 60% ROI, and Raboo could turn in 100x gains once it lists. With its AI use cases, your Raboo investments are set for life. You can participate in the Raboo presale here: Telegram: https://t.me/RabootokenPortal Twitter: https://twitter.com/Raboo_Official Contact Details Total Media Solutions media@Totalsolutionspr.io

June 08, 2024 05:55 PM Eastern Daylight Time

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HTX Maximizes Your Earning Potential with Simple Earn and Shark Fin Products: Timely Listings and High APYs

HTX

As the spot Ethereum ETF receives approval, Bitcoin surpasses $70,000, and popular meme coins continue to emerge, the cryptocurrency market is signaling the start of a bull run. According to CoinMarketCap data, spot trading volume and futures open interest have been climbing in recent days. Accordingly, crypto earning products often provide higher annualized returns than usual, making them a crucial avenue for investors to boost their yields beyond trading. However, with a wide variety of crypto earning products available in the market, how can investors find the most suitable options? Now, let's turn our attention to the lucrative products of Simple Earn and Shark Fin, designed by HTX, the world-leading crypto exchange, to meet the investment needs of different users. Simple Earn: Trend-Following Listings HTX not only ensures high quality and fast listing of new coins but also keeps its Earn products updated with the market trends. According to HTX's official announcements, the latest additions to its Flexible products include BB, a favorite in the Restaking sector, and trending meme coins, such as GME, SLOTH, and MAGA, granting users up to 10% APY. Currently, the Flexible products feature more than 30 popular assets, including PEPE, BOME, MERL, and WIF, allowing users to enjoy the appreciation of these quality cryptocurrencies while harvesting extra rewards. Additionally, these products support instant subscriptions and redemptions for flexibly allocating assets with the best investment opportunities. Subscription is easy: for web clients, simply log in to the HTX platform and select Earn > Flexible/Fixed from the top navigation bar; for app clients, access Earn > Simple Earn on the homepage. Shark Fin: High Basic APY Shark Fin products are offered by many exchanges, but HTX stands out with its attractive basic APY. As of press, HTX’s 7-day Shark Fin APY ranges from 5.5% to 35%, where each individual can make a subscription of up to 3 million USDT; the 3-day Shark Fin APY from 5.5% to 30%. In comparison, a leading exchange’s 7-day and 3-day Shark Fin APYs range only 5.5%-15% and 1%-6%, respectively. Already, HTX has issued 38 rounds of 7-day Shark Fin and 25 rounds of 3-day Shark Fin, with a total subscription amount reaching $2 billion. Besides high returns, HTX’s Shark Fin boasts an Auto Reinvest feature for effortless subscriptions. With this feature enabled easily, investments in both 3-day and 7-day products can be automatically re-invested into the corresponding 7-day products, making your funds work till you drop for return maximization. Moreover, subscribing to both the bullish and bearish products of the same cryptocurrency will reward you with up to 10% APY, 4% higher than the basic APY. To make subscriptions, go to the Earn page when the subscription is open, click on Structured Products, and select Shark Fin. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 07, 2024 11:41 AM Eastern Daylight Time

HTX Shines at GM Vietnam 2024 and Hosts Web3 Future Night: Spotlighting Crypto Trends, Advancing Global Expansion

HTX

HTX, the world-leading crypto exchange, made a noteworthy appearance at GM Vietnam 2024 as a gold sponsor on June 7. This strategic move marks a significant step in HTX's global expansion efforts, as close connections and cooperations were formed with local blockchain startups, tech teams, and the crypto communities to drive technological innovation and contribute to the growth of the blockchain ecosystem, both in Vietnam and globally. At the event, HTX's booth G6 attracted widespread attention and active engagement from attendees. Additionally, Amelia Chan, head of strategic partnerships at HTX, was invited to participate in a roundtable discussion, themed "Importance of Liquidity in Digital Assets Markets". Chan dived into the measures exchange venues employ to ensure a constant stream of asset flows. Crypto markets are volatile and susceptible to large price swings and abnormal conditions. Chan stated that as a well-established large centralized exchange, HTX has mature experience and resources in dealing with such situations. "We ensure the safety of user assets on the platform, and we maintain a 100% reserve fund to cope with extreme situations. We have implemented powerful risk management systems that monitor market conditions in real-time and identify potential risks," she said. She also highlighted HTX's strict measures in response to extreme conditions, such as price fluctuations, to ensure user asset security. HTX is committed to providing a safe and reliable user experience and continuously monitors and adapts to changing market dynamics. In terms of using digital asset platforms, Chan provided several reminders including enabling two-factor authentication, awareness of phishing websites, staying informed about market dynamics, as well as cautious and diversified investments. Another highlight was the "Web3 Future Night" event held by HTX in Ho Chi Minh City on June 6, in collaboration with well-known media outlet ChainCatcher. The party, buzzing with energy and optimism, brought together Vietnam’s most active crypto KOLs and community members, charting a promising future for Vietnamese Web3 enthusiasts and practitioners. Speakers from HTX, ChainCatcher, LBank, 4E, GoPlus, SOEX, and BTC Beta shared their insights and forward-thinking perspectives on the Web3 industry. GM Vietnam 2024, held from June 7 to 8 in Ho Chi Minh City, gathered globally renowned crypto projects, investors, entrepreneurs, and tech experts to discuss the latest trends and uncover new growth opportunities in the market. HTX has set its sights on the Vietnamese Web3 markets. The move comes amidst a surge of Web3 projects in Vietnam, sparked by wildly popular Axie Infinity in 2021 and subsequently influential startups like Yield Guild Games (YGG) and Ancient 8. That's why Vietnam is rapidly becoming a focal point for the Web3 ecosystem in Asia. HTX holds long-standing interest and support for cutting-edge sectors like meme coins, blockchain gaming, and social finance, and is well-positioned to capitalize on this trend with its efforts to increase user base in Vietnamese markets. The exchange anticipates collaborating with Vietnamese users to explore the crypto infinity. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 07, 2024 11:38 AM Eastern Daylight Time

Brand Engagement Network Announces Private Placement And Promotion Of Paul Chang To Co-CEO

Benzinga

By Anthony Termini, Benzinga Brand Engagement Network (BEN) (NASDAQ: BNAI), creator of a conversational AI technology that develops human-like AI and AI Avatars for personalized customer engagement, recently announced the completion of a private placement from an investor group comprised of exiting investors that raised nearly $5 million in new funding. The deal also lines up more than $3 million in additional commitments from the investor group. According to the chairman of BEN’s board of directors, Chris Gaertner, the new investment will help the company “execute on its growth and revenue strategies.” Gaertner went on to say that this “represent[s] a powerful vote of confidence in our strategy from our board, executive team, and our existing investors.” BEN’s Executive Team Expands With Addition Of Co-CEO The new investment comes at the same time that BEN announced the promotion of Paul Chang to Co-CEO. Chang had previously held the title of global president at BEN. He brings decades of experience creating new markets for emerging technologies at IBM and multiple start-ups. Chang led the expansion of various AI, blockchain, analytics and IoT solutions into new global markets and has key industry relationships within the life science, industrial and retail sectors. “I am thrilled to take on the role of Co-CEO,” said Chang. He added that “as we transition into delivering value to our customers by commercializing our safe and comprehensive Gen AI Platform, BEN is well positioned both financially and technologically to execute our plans.” BEN’s technology seeks to humanize experiences between people and machines through human-like AI avatars. This is a deliberate philosophy of its management. Its board includes former military officers and a former chairperson of the Federal Trade Commission. Why Should Investors Care About Conversational AI? Conversational AI has the ability to recognize, translate, predict, and respond to a given customer’s written or spoken input. Personalized customer engagement improves a company’s efficiency and productivity. More importantly, when the customer service experience makes people feel connected to a company they do business with, it improves customer loyalty, brand perception and overall satisfaction. According to Co-CEO Michael Zacharski, “Now is a pivotal time for the AI industry.” Markets and Markets has also reported that the conversational AI sector is expected to grow to nearly $50 billion by 2030. Zacharski says that the company is excited about the prospect of partnering with organizations that complement its vision and capabilities. Their technology is targeted at consumer products and services companies, automotive dealers and manufacturers, financial institutions, healthcare providers and retailers. While BEN is not the only provider of conversational AI solutions, it is unique in its approach. Personalizing human-machine interaction with the use of friendly AI assistants that can mimic human gestures could be significantly disruptive in a segment of AI that is experiencing rapid adoption. And today, BEN is a leader in creating more empathetic AI experiences. Featured photo by Steve Johnson on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

June 07, 2024 08:20 AM Eastern Daylight Time

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TRON DAO at Consensus 2024 with Exclusive Whale Night Event

TRON DAO

Geneva, Switzerland, June 7, 2024 – TRON DAO proudly marked its significant presence at Consensus 2024, held in Austin, Texas, as a 3 Block Sponsor. This premier blockchain and digital asset event brought together industry leaders, policymakers, and innovators to engage in crucial discussions shaping the future of the blockchain ecosystem. Consensus 2024: Highlighting TRON’s Innovations Consensus 2024, renowned for its influential role in the blockchain and crypto space, provided TRON DAO with a platform to showcase its latest advancements and strategic initiatives. As a 3 Block Sponsor, TRON DAO actively participated in various sessions, contributing to the dynamic discourse and networking opportunities that the event facilitated. TRON Whale Night 2024: A Stellar Evening of Networking and Innovation Coinciding with Consensus 2024, TRON DAO hosted the exclusive TRON Whale Night 2024 on May 29, 2024, at the luxurious Four Seasons Hotel Austin. This invite-only event got signed up with more than 400+ guests, including top web3 industry leaders and innovators, for an evening of elegance and networking. TRON Whale Night 2024 featured a dinner buffet with TRON signature cocktails, accompanied by a live DJ set, creating a perfect blend of luxury and innovation. With nearly 100 participants in attendance, the event offered an exceptional platform for guests to engage in meaningful discussions and forge valuable connections within the blockchain community. Looking Forward TRON DAO’s participation in Consensus 2024 and the success of TRON Whale Night underscore its commitment to driving blockchain innovation and fostering a robust community. These events provided valuable opportunities to share insights, collaborate with industry peers, and continue the momentum towards a decentralized internet. As TRON DAO continues to lead the way in blockchain technology, stay tuned for more updates on our initiatives and future engagements within the global blockchain community. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of June 2024, it has over 233.71 million total user accounts on the blockchain, more than 7.75 billion total transactions, and over $21.82 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

June 07, 2024 04:09 AM Eastern Daylight Time

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HTX Unveils Exciting Dragon Boat Festival Specials on a Range of Products and Services

HTX

With the Dragon Boat Festival on the horizon, HTX is introducing special limited-time promotions across various business lines and service sectors, welcoming global users to celebrate the traditional holiday while experiencing the delight of stable asset growth. * View details: https://www.htx.com/support/en-us/detail/44971969073141 Event 1: PrimePool: Lock $HTX to Share 600,000 NEXG According to HTX's official announcement, the 35th round of PrimePool commenced on June 4. Participants will have the chance to share in a prize pool of 600,000 NEXG by locking their $HTX. The event spans two periods: a warm-up period from 09:00 (UTC) on June 4, to 12:00 (UTC) on June 4, and a mining period from 12:00 (UTC) on June 4, to 12:00 (UTC) on June 14, with a minimum lock limit per participant set at $156,250,000 HTX. Snapshots of your locked assets and the total locked assets of all participants will be taken once every hour to calculate the mining rewards. * Event Details: https://www.htx.com/support/54971793434997 Event 2: Join HTX Affiliate Team Trading Challenge and Vie for 100,000 USDT HTX's official announcement states that the platform is launching a trading challenge exclusively for HTX Affiliates, scheduled from 16:00 (UTC) on May 30, to 15:59 (UTC) on June 14. HTX Affiliates and their invitees can team up to participate in the event, competing for a share of the 100,000 USDT prize pool. Moreover, participants are eligible to receive a share of 3,000 USDT by checking in daily. See below for details: (1) Share this event "Dragon Boat Festival Giveaway: Join HTX Affiliate Team Trading Challenge and Vie for 100,000 USDT" on social media platforms; add your insights into the meme coin sector or your favorite meme coins in your post. Submit the screenshot of your sharing in the form: https://forms.gle/a19oWo17cfT2KhUB8. Five lucky participants will be selected among all who complete the above two steps and each will receive HTX Dragon Boat Festival merch. (2) During the event, reaching a daily trading volume of ≥10,000 USDT will be considered successful check-ins. A prize pool of 3,000 USDT will be distributed on a first-come, first-served basis. Each participant stands to win up to 20 USDT. (3) By inviting friends to trade on HTX during the event, participants stand to split a whopping prize pool. The event's prize pool will be unlocked based on the total trading volume of participating teams during the event, with a maximum amount of 100,000 USDT. Based on the event rules, to be eligible for the competition, teams must have 5 or more qualified members, defined as those with a cumulative trading volume of ≥50,000 USDT during the event. The prize pool will be distributed based on the trading volume rankings of teams, with the top 1 team receiving 30% of the prize, equivalent to 30,000 USDT. Within the winning teams, the team leader will receive 30% of the team reward, up to 9,000 USDT. Please note that participants must click "Register Now" to enroll in the event. Affiliates must complete the registration; otherwise, they will not be eligible for team rankings. * Event Details: https://www.htx.com.jm/en-us/support/94971299939782 Event 3: HTX Futures Championship: Shine Your Trading Prowess to Win up to 1.2M USDT and a Tesla Based on HTX's official announcement, from 10:00 (UTC) on May 31, to 10:00 (UTC) on June 30, HTX will be launching a Futures Championship, offering a total prize pool of $HTX worth $1.2 million. The event consists of a Daily Challenge, an Individual Challenge, and a Team Challenge, which account for 40%, 20%, and 40% of the total prize pool, respectively. The trader ranked first in the Individual Challenge and the leader of the team ranked first in the Team Challenge will each receive a Trading Champion Prize – a Tesla Model Y (worth $32,890). All participants are required to visit the event page and click "Register Now". * Event Details: https://www.htx.com/support/en-us/detail/104971303270672 Event 4: Win Every Week! 10,000 USDT Distributed Weekly for Both Followers and Lead Traders As stated in HTX's official announcement, HTX Futures has introduced the "Win Weekly" event for copy trading from June 3 to June 16 (UTC), distributing a prize pool of 10,000 USDT to traders and followers each week. See below for details: (1) Lead Traders who meet the conditions of "Leading Trades for ≥3 Days and the Number of Trades Led ≥10" and "Average Margin per Trade >10 USDT" per week, will equally share 2,000 USDT. Additionally, lead Traders whose followers' total income for the week is positive will be eligible to share 2,000 USDT. (2) Followers who make a net deposit of >100 USDT into their copy trading accounts for the week and follow at least two trades will equally share 2,000 USDT. Followers whose copy trading volume for the week exceeds 10,000 USDT will share 4,000 USDT according to the proportion of the volume of their copied trades. Users need to click Register Now to participate in the event. Upon successful registration, users may randomly receive a futures trial bonus of 1-10 USDT. * Event Details: https://www.htx.com.jm/en-us/support/24971726119819 Event 5: Earn 6%-35% APY: Subscribe to 7-day Shark Fin Products on Thursdays! According to HTX's official announcement, the 7-day Shark Fin opens for subscription every Thursday. Each user can subscribe to a maximum of 3 million USDT and enjoy an APY of 6% to 35%. Users can make subscriptions by navigating to "HTX Earn" > "Shark Fin" during the subscription period. * Event Details: https://www.htx.com/en-us/financial/earn/?type=limit&currentProjectType=11 Event 6: Subscribe to Newly Listed Flexible Products for PEPE, BOME, MERL, and MAGA on HTX Earn and Enjoy Up to 10% APY As per HTX's official announcement, HTX Earn's Flexible products are continuously broadening their selection to include more popular cryptocurrencies. Currently, there are up to 30 popular assets available, including PEPE, BOME, MERL, WIF, etc. Get ready for the upcoming Flexible products for BB, GME, and SLOTH. Users can enjoy up to 10% APY by subscribing to these new listings. Through HTX Earn's Flexible products, users can capitalize on the appreciation of high-quality cryptos while earning returns. To subscribe to these products, you can access them either through HTX's official website or app. Please follow the steps below. Website: Log in to HTX's official website > click "Earn" on the navigation bar > select "Flexible, Fixed" in the dropdown menu. App: Log in to your HTX App > tap "Earn" on the main page > select "Simple Earn". * Event Details: https://www.htx.com.jm/en-us/financial/earn/h5/newDetail?activeTab=1 Event 7: Join HTX Square in Celebrating Dragon Boat Festival: Share Your Zongzi Moments and Trade Screenshot to Split 200 USDT In accordance with HTX Square's announcement, from June 5 to June 11, participants can share a photo of their favorite zongzi along with a screenshot of their trades on HTX in June by posting under the hashtag #Win200USDTBySharingYourZongziMomentsWithHTXSquare in the HTX Community. By doing so, they will have a chance to split 200 USDT, with each winner earning 20 USDT. * Event Details: https://square.htx.com/2024/06/05/join-htx-square-in-celebrating-dragon-boat-festival-win-prizes-by-sharing-your-zongzi-moments-and-trade-screenshot/ Event 8: Join for a Guaranteed 100% Win in the Lucky Draw and Win Up to 550 USDT According to HTX's official announcement, from 00:00 (UTC) on June 6, to 23:59 (UTC) on June 12, users will receive a lucky draw entry each time they complete a task. The lucky draw offers a top reward of up to 550 USDT. Join now for a guaranteed 100% chance of winning! Tasks include reaching a cumulative spot trading volume of ≥1,000 USDT, a cumulative futures trading volume of ≥5,000 USDT, and holding a minimum of 150 USDT worth of $HTX. * Event Details: https://www.htx.com.jm/support/en-us/detail/84971909557372 Event 9: Win up to 888 USDT by Trading 10 USDT HTX has announced a special lucky draw event, scheduled from 16:00 (UTC) on June 6 to 15:59 (UTC) on June 13, with the highest prize reaching up to 888 USDT per draw. The announcement indicates that after completing each task, participants will receive one lucky draw entry. Each participant can accumulate up to 5 entries. The tasks include reaching cumulative spot trading volumes of >10 USDT, >100 USDT, >1,000 USDT, >5,000 USDT, and >10,000 USDT, respectively. To take part in the event and ensure their trading volume counts, users must click "Register Now" on the event page. * Event Details: https://www.htx.com.jm/support/en-us/detail/44971980152929 Event 10: Trade to Receive 5 USDT - New Users Only According to HTX's official announcement, from 16:00 (UTC) on June 5 to 15:59 (UTC) on June 12, new users will receive 5 USDT upon performing a spot trade. Only 5,000 slots are available on a first-come, first-served basis. Furthermore, participants who achieve a cumulative spot trading volume exceeding 100 USDT will qualify for a share of the prize pool, distributed according to their trading volume rankings. Each participant has the opportunity to earn up to 100 USDT. * Event Details: https://www.htx.com.jm/support/en-us/detail/54971899393053 Event 11: HTX's Weekend Referral Carnival: Refer Friends Daily and Easily Earn 200 USDT in 4 Days! As per HTX's official announcement, by checking in for 4 days at HTX's Weekend Referral Carnival, participants will have the opportunity to earn up to 200 USDT! This event is scheduled from 16:00 (UTC) on June 6 to 15:59 (UTC) on June 10. See below for details: (1) For new users who sign up via average users' referral links, they'll receive an airdrop of a 1 USDT futures trial bonus once they complete a spot trade of any amount during the event period. Only 100 slots are available daily. (2) During the event, the rewards for inviters will be determined by both the daily count of their valid invitees and their total check-in days, with each inviter having the potential to earn a maximum of 150 USDT. (3) Inviters who bring in at least 10 valid invitees during the event period will be eligible for a ranking. The top 3 inviters with the largest number of valid invitees will each receive an extra 50 USDT. * Event Details: https://www.htx.com.jm/support/en-us/detail/64971729623473 Event 12: Split 5,000 USDT by Performing Margin Trades on BTC/ETH/DOGE/SOL/XRP/PEPE/LINK In accordance with HTX's announcement, from 12:00 (UTC) on June 6 to 12:00 (UTC) on June 13, participants trading the designated cryptos (including BTC/USDT, ETH/USDT, DOGE/USDT, SOL/USDT, XRP/USDT, PEPE/USDT, LINK/USDT) on margin and achieving a cumulative trading volume of at least 100,000 USDT will be eligible to share a prize pool of 5,000 USDT. Rewards will be distributed based on their cumulative margin trading volume. * Event Details: https://www.htx.com.jm/support/en-us/detail/84971986909856 Event 13: Join HTX's Dragon Boat Festival Photography Contest and Win Up to 88 USDT Based on HTX's official announcement, HTX will launch a Dragon Boat Festival Photography Contest from June 4 to June 12 (UTC). There are no specific requirements for participants' photography works in this contest, but they need to post their entries on X and include the hashtag #HTXDragonBoatFestivalPhotographyContest. Upon conclusion, the prize distribution will be as follows: 1st place winner receives 88 USDT; 2nd place winners (2) each receive 66 USDT; 3rd place winners (3) each receive 18 USDT. * Event details: https://x.com/huobiglobal/status/1797953008749465883?s=46 As a world-leading digital asset trading platform, HTX has always been committed to upholding a user-first philosophy. The platform recognizes that a diverse range of investment products and financial tools is essential for meeting the diverse needs of its global user base. To this end, HTX will continuously explore and introduce innovative products to adapt to the ever-changing crypto market environment and to better cater to the varying requirements of its users. With this proactive approach, HTX aims to provide increasingly rich and efficient trading services for its users worldwide. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

June 06, 2024 10:18 PM Pacific Daylight Time

HTX Ventures Announces Investment in NexGami to Develop GameFi Ecosystem

HTX Ventures

Singapore / June 3, 2024 – In a move that underscores its commitment to broadening the reach and usability of Web3 technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in NexGami, a pioneering Web3 gaming platform. NexGami is a Web3 gaming platform aiming to be the prime venue for hosting competitive gaming events across various titles. Their recently raised $2.5 million seed round will be instrumental in advancing NexGami’s platform. NexGami’s mission is to integrate traditional gamers into the Web3 ecosystem, providing tangible benefits through tokenomics. The platform will offer seamless integration for game developers, enabling users to organize tournaments, players to compete for rewards, and content creators to share their gaming experiences. "HTX Ventures is always looking for innovative projects that lower the gateway of Web3 entrance, not only for the retail user but also for businesses. By releasing games like MetaMyth and onboarding traditional gaming projects on-chain, NexGami is introducing more people into Web3 through gaming. HTX Ventures is excited to support their journey in transforming the gaming landscape through Web3," said Edward, Managing Partner of HTX Ventures. "We are immensely grateful for the support from our investors, which will enable us to accelerate our development and bring our vision of a revolutionary Web3 gaming platform to life," said Brice Bian, Founder and CEO of NexGami. NexGami debuted its $NEXG token recently at the end of May, with the token listing coming up on HTX along with this seed round announcement. About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures currently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures About HTX Ventures HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With a decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice. HTX Ventures presently backs over 200 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most vigorous Fund of Funds (FOF) investors, HTX Ventures collaboratively forges the blockchain ecosystem alongside premier global blockchain funds, including IVC, Shima, and Animoca. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/en-us/ventures

June 06, 2024 10:17 PM Pacific Daylight Time

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