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BKV Announces its First Sale of Revolutionary New Carbon-Neutral Natural Gas Product to Kiewit

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DENVER, June 27, 2024 /PRNewswire/ — BKV Corporation (BKV) announced today that they signed a contract for the sale and purchase of Carbon Sequestered Gas (CSG) with Kiewit Infrastructure South Co., a subsidiary of Kiewit Corporation, one of North America’s largest and most respected construction and engineering organizations. CSG is a revolutionary, innovative, natural gas product that is Scope 1, 2 and 3 carbon-neutral, effectively mitigating the environmental impact of natural gas consumption. This sales agreement brings together two industry leaders dedicated to reducing greenhouse gas emissions from their operations.

Under the gas purchase agreement, BKV will deliver CSG to Kiewit beginning this fall for a premium over Henry Hub price. A first-of-its-kind carbon-neutral natural gas, CSG is generated by pairing low methane intensity natural gas and offsetting emissions associated with the entire gas value chain which includes production, gathering, boosting, processing, transmission, distribution and use through permanent carbon sequestration via BKV’s carbon capture, utilization and sequestration (CCUS) operations. BKV’s end-to-end emissions calculation methodologies combined with transparent, third-party blockchain-enabled verification, provides potential buyers with confidence in the emissions data associated with their purchase. CSG will provide a fully decarbonized, emissions certified, and qualified fuel and retired credits bundle that is a differentiated and premium product.

BKV Chief Executive Officer Chris Kalnin said, “We are thrilled to be able to provide this first-of-its-kind, carbon-neutral natural gas product to Kiewit. The introduction of CSG, and this sale to a world-class natural gas end user, aligns with our mission to help create a better world through our emission reduction and energy impact goals. We believe that our production of CSG can scale to meet future energy needs of many industries across the country and that this product will be synergistic with other approaches to sustainable energy helping to advance the reduction in greenhouse gas emissions.”

Kiewit Infrastructure South’s Fort Worth Maintenance Facility will receive the gas directly from a pipeline being built to service their facility as well as the entire Markum Business Park, where the facility is located. The Markum Business Park is a state-of-the-art industrial/flex space in south Fort Worth developed by Wilks Development, a preeminent Texas-based commercial real estate company.

Wilks Development Co-Founder and CEO Kyle Wilks said, “Wilks Development’s mission is to create high-quality, community focused real estate projects that serve the needs of the people who inhabit them and contribute to a vibrant, sustainable future for their tenants and the communities they serve. We’re excited to be able to offer locally-produced, abundant, affordable energy (in the form of natural gas and CSG), directly to businesses at the Markum Business Park. An easy way for us to help our customers meet their energy needs and sustainability goals.”

“Carbon Sequestered Gas represents an opportunity for end-users to purchase verified differentiated natural gas that is emissions certified and registered using blockchain technology. We believe this level of transparency and trust is critical for the energy transition. We are hopeful that additional tenants at Markum Business Park will utilize CSG and join us in the journey to emissions reductions as well,” said Kalnin. “We are committed to leading the way in the production of carbon-neutral natural gas and look forward to future sales and are eager to partner with additional end users on their energy needs and their emissions reduction goals as we continue to grow our CCUS business and the availability of CSG for the market.”

BKV has previously demonstrated their commitment to carbon reduction activities, by launching a dedicated CCUS business line, BKV dCarbon Ventures, and equipping it with the resources needed to evaluate CCUS projects more efficiently and build a pipeline of feasible projects going forward. BKV dCarbon Ventures has a strategic focus on permanent sequestration of point-source emissions and is focused on driving CCUS innovations and project development. Production of CSG is enabled by BKV’s Barnett Zero project, launched November 2023. It is among the nation’s first purpose-drilled, Class II commercial carbon sequestration well injecting CO2 waste from natural gas processing plants in the United States. With approvals from both the Texas Railroad Commission and the United States Environmental Protection Agency (EPA), the project expects to permanently sequester an average of 185,000 metric tons of CO2 emissions annually while providing a compelling model for future Class II and Class VI wells.

CSG is available for any industry that uses natural gas and is looking to decarbonize their operations. If you would like to learn more about BKV’s carbon sequestered natural gas offerings, please contact Brian Binford at brianbinford@bkvcorp.com.

About BKV Corporation
Headquartered in Denver, Colorado, BKV Corporation (BKV) is a forward-thinking, growth-driven energy company focused on creating value for its stockholders. BKV’s core business is to produce natural gas from its owned and operated upstream businesses. BKV (and its predecessor entity) was founded in 2015, and BKV and its employees are committed to building a different kind of energy company. BKV is one of the top 20 gas-weighted natural gas producers in the United States and the largest natural gas producer by gross operated volume in the Barnett Shale. BKV Corporation is the parent company for the BKV family of companies.

About Wilks Development
Wilks Development is a visionary leader in Texas real estate development and investment, committed to creating exceptional spaces that enrich the lives of communities. Founded in 2012 by brothers and third-generation masons Kyle and Josh Wilks, along with their cousin Jess Green, Wilks Development has meticulously built a diverse portfolio that includes sturdy stone storefronts, vibrant multi-family communities, sleek commercial offices, and thriving, walkable neighborhoods.

As an intentional and innovative company, Wilks Development continues to pioneer with a focus on sustainable growth and community enhancement, ensuring that every project contributes positively to the areas it serves. For more information about Wilks Development, visit our website at wilksdevelopment.com or follow us on LinkedIn, Facebook, and Instagram at @wilksdevelopment.

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SOURCE BKV Corporation

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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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October 19, 2026

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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

View original content:https://www.prnewswire.co.uk/news-releases/de-introduces-tokenized-asset-world-on-bnb-chain-developing-financial-intelligence-across-the-full-rwa-financial-landscape-302912966.html

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

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October 19, 2026

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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

SOURCE Plata

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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37 minutes ago

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October 19, 2026

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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:

View original content to download multimedia:https://www.prnewswire.com/news-releases/trends-international-announces-kenneth-smith-as-president-and-chief-executive-officer-302912992.html

SOURCE Trends International

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