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HTX Ventures: Crypto’s Impact on 2024 U.S. Election Dynamics

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SINGAPORE, Nov. 4, 2024 /CNW/ — HTX Ventures, the global investment division of HTX, today unveils its latest research on crypto and its impact on the much anticipated U.S. presidential election. This marks the first time that crypto has become a key issue in a U.S. election, and the report, titled 2024 U.S. Election For Crypto: A Potential Turning Point from Tight Regulation and Ban to Support and Innovation, aims to discuss the reasons behind it and analyze what crypto will potentially look like after the election.

Both presidential candidates, Donald Trump and Kamala Harris, have leveraged crypto in their campaigns to garner support from the crypto community. As the report suggests, there are four reasons that crypto has come to the center of the stage.

First of all, crypto is becoming more important to the U.S. On the one hand, no matter which candidate wins, the U.S. deficit and debt burdens are likely to go worse, and “as a decentralized and scarce asset, Bitcoin can serve as an effective tool for governments and investors to hedge against inflation and risk. In particular, it holds potential strategic significance in the face of debt and inflation pressures,” the report points out. On the other hand, stablecoins can help expand the international influence of the U.S. dollar. The growing significance leads to the second reason that the voters are more and more interested in crypto.

Thirdly, as the Biden administration implemented tight regulation on crypto, the industry now calls for a new regulatory framework which is more relaxed.

Lastly, crypto companies have become the main contributors to political donations in 2024. The report indicates that, “these funds not only influence presidential candidates’ policies but also push for congressional election strategies in favor of cryptocurrency. As a result, the crypto industry has moved from behind the scenes into the public eye, becoming a vital force in U.S. politics.”

The report then compared the two candidates’ crypto policies. Harris is expected to be more crypto-friendly than Biden. However, she has made limited statements on crypto policies, and is cautious on key issues like taxation, Bitcoin mining, and self-custody.

Trump, on the other hand, has shown strong interest in the digital asset industry, claiming that he aims to make the U.S. the “crypto capital of the planet and the Bitcoin superpower of the world”. He has proposed a series of crypto policy proposals, including creating a strategic Bitcoin stockpile, establishing a crypto Presidential Advisory Council, and barring the Federal Reserve from issuing a digital currency. The report anticipates that, should Trump win, there will be a clearer and more relaxed regulatory environment that benefits crypto startups and DeFi. Meanwhile, as Trump has promised to substantially lower U.S. interest rates if he is re-elected, the prices of crypto assets may be driven up thanks to increased liquidity.

The report also discusses the emergence of on-chain prediction markets. Compared to the centralized betting providers, they utilize smart contracts and decentralized ledgers to create transparent global markets, ensuring that these platforms are fair and tamper-proof.

Polymarket is the most successful platform in the sector, which secured 80% of the volume brought on by wagers on the U.S. presidential election. It has been adopted by multiple mainstream media outlets as an alternative news source. As a Web3 prediction market, Polymarket has surpassed its Web2 competitors and holds the largest market share, which is extremely rare. “Prediction markets’ impact has extended into various fields such as public opinion, financial hedging, and business decision-making,” the report states.

To read the full report, please visit: 2024 U.S. Election For Crypto: A Potential Turning Point from Tight Regulation and Ban to Support and Innovation

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 more than 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 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at VC@htx-inc.com

Contact Details
Ruder Finn Asia
htx@ruderfinn.com 

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RTX’s Pratt & Whitney Valox™ 1500 Engine Completes Key Design Milestone

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Valox 1500 design set to deliver an optimal mix of affordability, performance and speed to market for autonomous platforms

LONDON, July 21, 2026 /PRNewswire/ — Farnborough International Airshow — Pratt & Whitney, an RTX (NYSE: RTX) business, has successfully completed a key design milestone for its Pratt & Whitney Valox™ 1500 engine, a new powerplant intended for semi-autonomous collaborative platforms. A comprehensive digital assessment confirms the design is on track to deliver an optimal mix of performance, affordability, and speed to market.

“This milestone reflects Pratt & Whitney’s agility and commitment to delivering critical capability to the warfighter at speed,” said Jill Albertelli, president of Pratt & Whitney’s Military Engines business. “By optimizing the engine design for reduced mission life and moving beyond traditional development timelines, our team is bringing forward a more affordable, scalable propulsion solution for emerging operational needs.”

Leveraging proactive investments in digital engineering, Pratt & Whitney has significantly de-risked the development timeline and is now focused on maturing the design for follow-on ground testing. In late 2025, Pratt & Whitney received a contract award valued at more than $10 million from the U.S. Air Force to advance the engine design.

Pratt & Whitney recently unveiled the Pratt & Whitney Valox™ engine family, which is engineered to deliver the speed, precision, and affordability required for modern collaborative combat systems and a broad range of emerging applications.

About Pratt & Whitney
Pratt & Whitney, an RTX business, is a world leader in the design, manufacture and service of aircraft engines and auxiliary power units for military, commercial and civil aviation customers. Since 1925, our engineers have pioneered the development of revolutionary aircraft propulsion technologies, and today we support more than 90,000 in-service engines through our global network of maintenance, repair and overhaul facilities.

About RTX
With more than 180,000 global employees, we push the limits of technology and science to redefine how we connect and protect our world. With industry-leading capabilities, we advance aviation, engineer integrated defense systems for operational success, and develop next-generation technology solutions and manufacturing to help global customers address their most critical challenges. The company, with 2025 sales of more than $88 billion, is headquartered in Arlington, Virginia.

For questions or to schedule an interview, please contact corporatepr@rtx.com

 

View original content:https://www.prnewswire.com/news-releases/rtxs-pratt–whitney-valox-1500-engine-completes-key-design-milestone-302830230.html

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CLO zFab Kit Now Available Globally: AI-Powered Fabric Digitization, No CLO License Required

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Standalone solution available via CLO-SET brings fast and accurate cutting-edge fabric digitization technology to brands, vendors, fabric mills and supply chain partners worldwide

NEW YORK, July 21, 2026 /PRNewswire/ — CLO Virtual Fashion today announced the availability of the CLO zFab Kit, a revolutionary AI-powered fabric digitization solution, now available for order and shipping to customers worldwide. The biggest news for the industry: the CLO zFab Kit can operate as a standalone solution without needing access to the CLO software to operate. Brands, vendors, fabric mills, fabric agents, and supply chain partners can digitize fabrics with full accuracy and produce ready-to-use digital materials via the web using CLOFAB via CLO-SET; a CLO software license is not needed.

“We’ve been eager to come up with ways to address some of the pain points of fabric digitization that our users and clients were going through. Quality was inconsistent, devices were slow and difficult to operate, pricey and often locked behind specialist workflows,” said Justin Kim, 3D Design & Implementation at CLO. “The CLO zFab Kit closes the gap. And by making it truly standalone via the web on CLO-SET, we’re putting accurate digital fabric in reach of the entire supply chain, not just the design teams already using CLO.”

What the CLO zFab Kit Delivers

The CLO zFab Kit combines three pieces of purpose-built hardware (zFab Cutter, zFab Scanner and zFab Draper) with CLO’s AI-powered software to capture a fabric’s physical and visual properties from a single circular sample. The output is a high-fidelity digital fabric, including PBR maps and physical property data, ready to drop into any workflow.

Three things set it apart:

Superior Accuracy. Replaces error-prone manual measurement with a streamlined cutting, scanning and analysis system, producing digital fabrics that can effectively drive production decisions.AI-driven Automation. Powered by proprietary AI and trained on CLO and swatchbook’s extensive fabric dataset, the CLO zFab Kit speeds up digitization while keeping results consistent across operators and locations.Seamless Integration. Outputs work natively in CLO’s platform and export cleanly to other 3D environments – no rework, no format gymnastics.

 

Built for the Fashion Supply Chain

While the CLO zFab Kit perfectly complements design teams using the CLO software, it was purposefully built with fabric mills, vendors, sourcing teams, and material libraries in mind. By providing suppliers with the best tools to create high-quality digital fabrics quickly, easily and consistently, the CLO zFab Kit can help cut physical sample shipments, shortens material approval cycles, and gives everyone in the workflow chain cleaner and better data to decide and act with more confidence.

The CLO zFab Kit is available globally for ordering today. It does not require CLO licenses to operate and use. Pricing, configuration, demo requests, and how-to-use tutorials are available at zfabkit.clo3d.com

About CLO Virtual Fashion

CLO Virtual Fashion is the creator of CLO, the leading 3D fashion design software used and trusted by designers, small businesses, and titans of the fashion industry to achieve a seamless digital workflow. With over two decades of research and development in accurate garment simulation, CLO Virtual Fashion’s mission is to empower users at every step of the garment journey, from concept to design, manufacturing to marketing, and fitting to styling. In addition to 3D garment design software, CLO Virtual Fashion’s products include CLO-SET (a cloud-based asset management and collaboration platform), CONNECT (a digital fashion hub and marketplace), and consumer-facing solutions such as e-commerce virtual fittings. CLO’s interconnected and ever-growing product ecosystem is built to power the future of everything related to garments.

View original content to download multimedia:https://www.prnewswire.com/news-releases/clo-zfab-kit-now-available-globally-ai-powered-fabric-digitization-no-clo-license-required-302830468.html

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Arcfra Releases Neutree 1.1 to Help Enterprises Optimize GPU Utilization and Govern AI Inference at Scale

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SINGAPORE, July 21, 2026 /PRNewswire/ — Arcfra today announced the release of Neutree 1.1, a Model-as-a-Service platform for enterprise AI inference. The new version adds native GPU virtualization and expanded model governance capabilities, helping enterprises improve GPU utilization while managing model usage, quotas, access control, and security audits across AI applications.

As enterprise AI moves from pilots to production, organizations are running more diverse model workloads, including LLMs, OCR, ASR, embedding, rerank, and other task-specific models. GPU passthrough remains important for high-performance LLM inference, but lightweight and high-concurrency small models can leave GPU memory and compute capacity underused when each workload occupies a full GPU.

Neutree 1.1 adds native vGPU support on top of existing GPU passthrough and logical isolation capabilities. Users can enable GPU virtualization as needed and split GPU resources by memory and compute capacity, allowing one GPU to run multiple model instances for workloads such as OCR, speech, embedding, rerank, and multi-service concurrent inference. For performance-sensitive LLM workloads, users can continue using GPU passthrough to access full-card resources.

The release also provides a global view of node-level GPU usage, helping administrators allocate, schedule, and split resources based on actual demand. With hard-isolated resource partitioning, multiple model instances can run on the same GPU without interfering with each other, improving utilization while maintaining predictable service behavior.

Neutree 1.1 also extends its model gateway with a unified governance layer for internal and external models. As model services are connected to more business systems, platform teams need centralized visibility into usage, quotas, access permissions, and request-level traceability. Neutree helps teams manage token usage, request activity, API key quotas, rate limits, concurrency limits, model access scopes, access logs, and security audits without changing existing application calling patterns.

Neutree is a key component of Arcfra’s agentic AI infrastructure for AI inference. Together with Arcfra Enterprise Cloud Platform, it helps enterprises build production-grade, high-performance, and governable model inference infrastructure across compute, storage, Kubernetes, and observability layers.

Foxconn, the world’s largest electronics manufacturer, was among the first customers to try Neutree. By using its existing Arcfra infrastructure as a production-grade AI foundation, Foxconn adopted Neutree to streamline model delivery and unify compute and model resource management.

Neutree 1.1 is now open source on GitHub. For Neutree Enterprise, contact Arcfra.

View original content:https://www.prnewswire.com/apac/news-releases/arcfra-releases-neutree-1-1-to-help-enterprises-optimize-gpu-utilization-and-govern-ai-inference-at-scale-302830475.html

SOURCE Arcfra

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