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Storj Accelerates Growth to Revolutionize Enterprise Cloud Object Storage in 2024 Through Globally Distributed Architecture, Partnerships and Values-Driven Initiatives

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ATLANTA, Feb. 13, 2024 /PRNewswire/ — Storj, today announced accelerated growth of its cloud object storage solution, which is positioned to transform the data storage landscape in 2024. Partnerships, organic growth and values-based initiatives continue solidifying Storj’s position in tech innovation, policy and stewardship. 

Storj CEO Ben Golub says, “I’m proud to see rising confidence and reliance on Storj. Our customer data more than doubled in 2023, performance doubled, and we have billions of objects stored on our network in tens of billions of pieces distributed over tens of thousands of nodes surpassing 25 PB of customer data in 2023. With peta-byte scale customers including major production studios, healthcare companies, and telecommunication leaders, we’re well positioned and are expanding our network of partners, MSPs, VARs and enterprise customers.”

Growth & Validation
90% of the world’s data was generated in the last 2 years and cloud storage is now a $100B market, growing to $480B by 2030, largely propelled by video, scientific/healthcare data and AI. Core strengths of Storj’s are managing the very large files these sectors rely on and delivering S3-compatible, enterprise grade, cloud object storage, often 2-3x faster at  1/10 the cost and 1/10 the carbon footprint of AWS.

Storj achieved 226% y/y revenue growth in 2023 proliferating a smarter approach than first-gen hyperscalers burdened by resource-heavy data-centers. It easily handles TB files, while AWS Cloudfront is limited to 30GB, for example. Storj’s infrastructure, providing infinite scalability and environmental sustainability, is a timely combination.

Storj developed partnerships with 30 tech alliance partners and 15 resellers in 2023 including Adobe® Premiere® Pro for media professionals, Acronis for secure backups, MASV for high-performance video teams, Livepeer for live and on-demand video and GB Labs for fast high-performance media sharing. Storj also became SmartStore certified with Splunk.

The company was the first distributed cloud storage provider featured in Forrester’s Object Storage Landscape report in Q2 2023, affirming Storj’s approach “will disrupt centralized object storage providers as computing shifts to the edge.” It also won a 2023 NAB Show Product of the Year Award in the Cloud Computing and Storage category.

Sustainability & Savings
Storj published a 2023 whitepaper revealing that distributed cloud storage reduces carbon emissions by up to 83%. Because the average rate of server utilization is only 12-18% of capacity, Storj uses existing capacity for its architecture, eliminating the need to build, cool and maintain new drives and data centers. Along with sustainability, this affords Storj a pricing advantage and avoids supply chain challenges, even for multi-petabyte storage. 

Enterprises adopt green technologies if they’re the best business decision, and Storj offers a lower carbon approach that’s more efficient, performant, secure and cost-effective. By 2040, energy required to store digital data could be responsible for 14% of the world’s emissions – about the same as all carbon the US emits now. In response, in 2023 Storj co-founded the Digital Sustainability Alliance (DSA) with AdSignal, Valdi and Earthshot to advance industry-leading solutions that deliver major environmental sustainability impact. 

Ben Golub, CEO of Storj addressed members of the UK House of Commons at the Parliamentary Digital Economy Summit in November 2023, regarding sustainable cloud storage and the DSA participated at the 2024 COP28 United Nations Climate Change Conference in Dubai, speaking about digital sustainability and AI.

Security & Compliance
Instead of storing data on data centers that are vulnerable to outages and attacks, Storj encrypts and splits data across its zero-trust network to protect against outages, ransomware, and compromise, eliminating single points of failure while delivering speed, reliability, security, and global accessibility. Storj has presented at all of the Institute for Security & Technology’s Ransomware Task Force conferences.

The 2023 launch of Storj Select added facilities with SOC2 certifications to meet needs of large enterprises in industries like healthcare and finance with rigorous security and compliance demands. With petabytes of healthcare data, healthcare data security leader CloudWave, is leveraging Storj Select. “We work with 300+ hospitals across six countries to protect patient data from cyberattacks and ensure performance and reliability,” said Matt Donahue, CloudWave CTO. “Storj Select’s compliance features, speed and security fit well with our cloud strategy.”

Transparency & Outlook
Storj is positioned with strong financials, solid governance, an experienced team and $75M+ in assets, positioning for a landmark year in 2024. Storj makes live statistics on the state of its network available, publishes annual data on their diversity, equity, and inclusion initiatives and environmental sustainability initiatives, is built on open source code, maintains an open roadmap and shares live network statistics.

CEO, Ben Golub shared, “The market is evolving from old-guard titans to a new generation of business and technology leaders that value innovation and transparency to position themselves for exciting growth in 2024 and beyond.” 

About Storj
Storj is revolutionizing cloud object storage. We put unused storage to work as a massive distributed network rather than building data centers. Enterprises benefit from S3-compatible edge storage with superior global performance, security, and durability. Make the world your data center and get 80% lower costs and carbon emissions.

Press Contact:
Jackie Lucas
Public Relations
372924@email4pr.com
978-255-1159

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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

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SOURCE Trends International

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