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Xai Foundation Reports First Half 2024 Results and Operational Updates

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Xai H1 2024 Highlights 

Launched its Sentry Nodes Network which resulted in over 13,000 ETH in node sales, marking it as the largest mint in Arbitrum Ecosystem history and giving the Xai community unprecedented stake in the network.Reached an all-time high in transactions per second (TPS), pushing the Ethereum ecosystem to its own all-time high in total TPS, and is currently boasting over 9 million daily transactions on Xai.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Surpassed 1.7 million active wallet addresses

GEORGETOWN, Cayman Islands, Aug. 5, 2024 /PRNewswire/ — Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today released its mid-year business update for the 2024 calendar year.

Soby, a core contributor to Xai, remarked, “The first half of 2024 was transformative for Xai. Our ecosystem has experienced unprecedented growth, from the successful launch of Xai Builder, to the expansion of our gaming portfolio through strategic partnerships. The enthusiastic adoption of our Sentry Node system and the surge in network activity underscore Xai’s position as the blockchain solution of choice for high-performance gaming, as the Xai Vanguard: Genesis campaign has propelled us to become the highest-volume EVM chain by TPS in the industry. With developers and gamers increasingly embracing our technology, it’s clear that Xai is setting new standards in the blockchain gaming industry and we’re excited to continue pushing the boundaries of gaming and delivering unparalleled experiences for our players.”

Xai has seen remarkable growth across several key metrics in the first half of 2024, solidifying its position in the blockchain gaming sector. New daily addresses and active monthly addresses have surged, as the company surpassed 1.7 million active wallet addresses during H1 2024.

This progress reflects the strong demand for Xai’s high-performance gaming infrastructure. Recent initiatives, such as the launch of Xai Builder and Xai Connect, have played a crucial role in expanding Xai’s ecosystem and driving its rapid growth, with  Crypto Unicorns, a game recently migrated to Xai, being named the #1 play-to-earn game by Dappradar.

As the leading blockchain for gaming and high-performance applications, Xai continues to evolve its offerings to meet the changing needs of developers, gamers, and the broader Web3 community.

Operational Update

Xai Foundation

The Xai Foundation continues to ensure the maintenance, validity and security of the Xai Network, furthering its development as a premier blockchain for gaming and high-performance applications with major announcements such as:

Launched its Sentry Node Network which resulted in over 13,000 ETH (~42.7M) in node key sales, marking it as the largest mint in Arbitrum Ecosystem history.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Xai Builder provides a unified development environment that simplifies game creation on Xai, and enables developers to quickly deliver high-quality gaming experiences across multiple devices.Prepared for the launch of industry-leading titles by partnering with the best primitive and infrastructure providers, including Nirvana Labs.Deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers using their baremetal web3 optimized cloud infrastructure.Announced the completion of the pilot phase for the Xai Tokenomics Bootcamp in partnership with Offchain Labs which provided extensive expertise to development teams and streamlined the creation process of both new web3 titles and established games looking to build or add web3 framework to an existing experience.Initiated the Xai Vanguard: Genesis campaign to promote adoption of the Xai Blockchain and ecosystem.This campaign quickly propelled the Xai Blockchain to the highest volume EVM chain in the industry according to L2beat.com, and has led in this category for well over a month since the middle of June 2024. Xai remains the only gaming-centric blockchain to hold this accomplishment, featuring 5-100x more TPS than notable industry competitors.

Xai Ecosystem

The Xai Ecosystem experienced record-setting accomplishments for the industry with milestones including:

Reached an all-time high transactions per second (TPS) for both Ethereum and Xai with over 12 million daily transactions on Xai.Surpassed 1.7 million active wallet addresses in H1 2024.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Partnered with industry-leading technology companies includingIndie game promotional platform, The MIX, to bring over 100 indie games to build on Xai over the next year.Paved the way for mainstream adoption of blockchain technology through Xai Connect by moving the wallet to the backend of the experience for games and dApps on Xai.

Through the first half of 2024, Xai released premiere games including, Tarochi and Crypto Unicorns, and announced anticipated migrations for many more coming soon including:

Cyberpunk-themed MMO with a vast interactive metaverse, Yaku Corp.The Open Beta for Lost Glitches, a blend of web2 familiarity and web3 innovation, which has emerged as a standout title in the Xai blockchain network.Free-to-play extraction shooter treasure hunt game, Planet X, is set to bring its unique “hunt, extract, win” gameplay to the Xai network with a host of real-world prizes.Valeria Games’ Land Before War, a mobile real-time strategy (RTS) game made for iOS and Android, announced it will be migrating to Xai ahead of its planned launch later this year.

What’s Next

For the next half of 2024, Xai Foundation will continue to work with premiere web3 games in the space by expanding its portfolio of games deploying on Xai with titles including Lost Glitches, My Angry Yakuza Girlfriend (MAYG), Valeria and the highly anticipated game from Ex Populus, Final Form. In addition to bringing Xai users a continuous stream of high quality game releases, Xai Foundation will maintain advancements to the Xai blockchain through strategic partnerships and enhancement of the protocol, sentry nodes and ecosystem.

About Xai Foundation

The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.

About Xai Games

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

For media inquiries, please contact: marketing@xai.games

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SOURCE Xai Foundation

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iMarketKorea Signs Two MOUs with Vietnam’s Phu Tho Provincial People’s Committee and BIDV

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Participates in Korea-Vietnam Economic Delegation

Accelerates development of an industrial park in Phu Tho Province near Hanoi, while attracting advanced manufacturing companies and building a supply chain ecosystemPlans parallel development of an Inland Container Depot (ICD) to strengthen logistics competitivenessExpands discussions with Bank for Investment and Development of Vietnam (BIDV) on financial support measures and new business opportunities

HANOI, Vietnam and SEOUL, South Korea, April 27, 2026 /PRNewswire/ — iMarketKorea, a leading industrial materials distribution company led by CEO Kim Hak-jae, announced that it has signed two Memoranda of Understanding (MOUs) with the Phu Tho Provincial People’s Committee and Bank for Investment and Development of Vietnam during the MOU signing session at the Korea-Vietnam Business Forum, hosted by Korea’s Ministry of Trade, Industry and Energy and the Korea Chamber of Commerce and Industry. The company participated in the official Korea-Vietnam economic delegation.

As Vietnam’s investment environment continues to advance, cooperation in production infrastructure such as industrial parks has become increasingly important. Based on prior discussions with Phu Tho Province, iMarketKorea formalized this partnership through the latest agreements.

Located near Noi Bai International Airport, Phu Tho Province is emerging as a strategic logistics hub and an attractive production base for global companies. The province recorded 10.52% gross regional domestic product (GRDP) growth in 2025, ranking fourth among Vietnam’s provinces.

Through the agreement, iMarketKorea plans to develop a national industrial park in Phu Tho Province and actively attract global manufacturing companies. The company also aims to build a supply chain-driven industrial ecosystem by strengthening collaboration among related businesses centered around the industrial complex.

To enhance logistics competitiveness, iMarketKorea will also pursue the development of an Inland Container Depot (ICD) with bonded warehousing functions. An ICD is an inland logistics hub enabling customs clearance and cargo handling. When integrated with the industrial park, it is expected to improve import-export efficiency and strengthen the region’s attractiveness to manufacturers.

Kim Hak-jae, CEO of iMarketKorea, said, “This agreement establishes the foundation for integrated production and logistics infrastructure. Through cooperation with the Phu Tho provincial government and BIDV, we plan to establish a one-stop support system covering administration, finance, legal matters, and taxation. We will also create an environment where high-tech parts and materials companies can effectively utilize local incentives and gradually expand future cooperation.”

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/imarketkorea-signs-two-mous-with-vietnams-phu-tho-provincial-peoples-committee-and-bidv-302753801.html

SOURCE iMarketKorea

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Global Customers Are Taking a Closer Look at Focused Photonics Inc.

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HANGZHOU, China, April 24, 2026 /PRNewswire/ — For scientific instrument companies competing globally, differentiation increasingly depends on more than product specifications alone. Customers are looking beyond performance claims to assess whether a company can consistently translate technology into manufacturable products, proven applications, reliable delivery and long-term service support.

That shift was evident during Focused Photonics Inc.’s (FPI) Global Customer Experience Day 2026 in Hangzhou, where customers and partners from dozens of countries visited the company’s Qingshanhu Innovation Base, headquarters and live application sites. For many attendees, the event offered a closer look at how a China-headquartered scientific instrument company is building capabilities across R&D, manufacturing, systems integration and lifecycle support.

At Qingshanhu Innovation Base, visitors saw key stages of FPI’s operations firsthand, including engineering, precision manufacturing, system integration, testing and service readiness. For many international customers, these visits are less about viewing a production line and more about assessing execution: whether a supplier has the engineering discipline, manufacturing depth and support infrastructure required to deliver consistently in real operating environments.

This is becoming increasingly important across the industry. As customer expectations evolve, competition is moving beyond stand-alone instrument performance toward integrated solutions, automation, data integrity, compliance and lifecycle value. In industrial and environmental applications in particular, uptime, stability and workflow fit often matter as much as analytical capability.

At its global customer conference, FPI outlined how it is responding to that transition, highlighting continued investment across environmental monitoring, industrial process analysis, laboratory analysis and life science applications. The company is also expanding the role of digitalization, automation and AI to improve application readiness and solution delivery.

Application-focused exchanges during the event reinforced the same point. In discussions on environmental, industrial and laboratory scenarios, customers focused not only on performance metrics, but also on regulatory fit, workflow integration, long-term operation under complex conditions, and the ability of solutions to function reliably once deployed. These are increasingly central criteria in global purchasing decisions.

The clearest proof came from real-world settings. At the Hangzhou Ecological Environment Monitoring Center, visitors saw FPI’s automated water quality laboratory in operation, where sample handling, workflow continuity and data generation are integrated into day-to-day use. For customers, this offered a more concrete view of how a solution performs not just in demonstration, but in routine operation.

Taken together, the event underscored a broader industry reality: global competition in scientific instruments is increasingly defined not only by what a product can do, but by whether a company can manufacture it at scale, deploy it effectively, support it locally and sustain performance over time. That broader operational capability is becoming a decisive part of how international customers evaluate suppliers.

View original content:https://www.prnewswire.com/news-releases/global-customers-are-taking-a-closer-look-at-focused-photonics-inc-302753822.html

SOURCE Focused Photonics Inc.

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Straits Financial Services Pte Ltd Granted Overseas Intermediary Futures Broker Status by Shanghai Futures Exchange and Guangzhou Futures Exchange

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SINGAPORE, April 27, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (“SFSPL”), a member of Straits Financial Group, is pleased to announce that it has been granted overseas intermediary (OI) futures broker status by the Shanghai Futures Exchange (SHFE) and the Guangzhou Futures Exchange (GFEX).

This recognition marks an important milestone in expanding international access to China’s futures markets and further strengthens SFSPL’s ability to connect global investors with onshore opportunities.

As an overseas intermediary futures broker, SFSPL will be able to facilitate client access to selected products listed on SHFE and GFEX. The overseas intermediary model significantly lowers barriers to entry for international participants by removing the need for complex onshore structures and enabling more efficient cross-border access, while operating within China’s regulated market environment.

“As China’s futures market continues to open up, this recognition represents a meaningful milestone for both SFSPL and our clients,” said Roger Quek, Chief Executive Officer and Managing Director, Straits Financial Services Pte Ltd. “We are pleased to support international investors with more seamless access to China’s onshore derivatives market, while maintaining a strong focus on risk management, compliance, and execution efficiency.”

As China’s derivatives market continue to evolve, SFSPL is strongly positioned to support clients looking to deepen their involvement in this high-potential market.

SFSPL remains committed to delivering robust trading capabilities, seamless market access, and trusted expertise to help clients navigate global investment opportunities.

About Straits Financial Services Pte Ltd

At Straits Financial Services Pte Ltd, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader.

With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Services Pte Ltd is part of Straits Financial Group which is headquartered in Singapore.

Straits Financial Services Pte Ltd provides a fully-integrated service for our clients to access the financial and commodity derivative markets and we strive to build lasting relationships with our clients.

For more information, please visit our website at https://www.straitsfinancial.com.

This document is issued for information purposes only. This document is not intended and should not under any circumstances to be construed as an offer or solicitation to buy or sell, nor financial advice or recommendation in relation to any capital market product. All the information contained herein is based on publicly available information and has been obtained from sources that Straits Financial Services Pte Ltd believes to be reliable and correct at the time of publishing this document.

Straits Financial Services Pte Ltd will not be liable for any loss or damage of any kind (whether direct, indirect or consequential losses or other economic loss of any kind) suffered due to any omission, error, inaccuracy, incompleteness, or otherwise, any reliance on such information. Past performance or historical record of futures contracts, derivatives contracts, and commodities is not indicative of the future performance. The information in this document is subject to change without notice.

If after reading the foregoing content you have any doubts in relation thereto, please consult your own independent legal, financial and/or professional adviser.

View original content:https://www.prnewswire.com/apac/news-releases/straits-financial-services-pte-ltd-granted-overseas-intermediary-futures-broker-status-by-shanghai-futures-exchange-and-guangzhou-futures-exchange-302752994.html

SOURCE Straits Financial

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