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Blockchain Capital’s Pioneering Tokenized Fund Announces Dividend and Upgrades to ZKsync, Assembling its Portfolio Companies to Advance Venture Capital Investment Access

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SAN FRANCISCO, Dec. 11, 2024 /PRNewswire/ — Blockchain Capital (BCAP), an established venture firm in the blockchain space, today announced upgrades to its innovative tokenized venture fund, which underscores its commitment to decentralization and efficiency in venture capital investing. As part of the upgrade, the fund will be offering dividend payments to investors and will be migrating fully to ZKsync.

Blockchain Capital will distribute to the fund’s token holders $0.25 per token in USDC. The dividend payout is expected on January 28, 2025. This dividend represents a return of 25% of the original purchase price of $1 per fund token in the initial token offering in April 2017.

The migration to ZKsync, supported by BCAP portfolio companies Securitize, Circle, and Matter Labs, represents a significant upgrade for investors in the fund, who will benefit from faster transactions, substantially reduced fees, and anticipated dividend payouts. This fund disrupted the venture capital industry by enabling accredited and non-US investors to invest with flexible capital commitments, making venture capital accessible to a broader range of investors. From the original token offering in April 2017, the fund took in over 850 investors from 80 countries in investment amounts ranging from $10 to nearly $1M.

ZKsync is one of the leading Ethereum scaling solutions, offering a robust Layer 2 platform. Through its innovative zero-knowledge proof technology, ZKsync maintains Ethereum‘s security guarantees while dramatically improving transaction speed and reducing fees, making it an ideal platform for companies looking to bring tokenized assets to both institutional and mainstream audiences.

“Tokenized funds represent a transformative shift in venture capital, offering accessibility, transparency, and efficiency to a broader range of investors,” said Alex Gluchowski, Co-Founder of ZKsync. “Blockchain Capital is utilizing ZKsync’s technology to redefine how investors interact with and benefit from venture investments. Migrating from Ethereum mainnet and becoming exclusively available on ZKsync will allow investors to leverage technology for secure and faster transactions with significantly lower fees, which is exactly what the industry needs to scale and meet the demands of the community. It’s exciting to see companies like Blockchain Capital, Circle, and Securitize share our belief that zero knowledge is the future of crypto and we’re looking forward to seeing how they leverage ZKsync to advance the tokenization of assets.”1

“Securitize has always valued the pioneering role Blockchain Capital has played in shaping the digital asset ecosystem. These latest upgrades to the fund demonstrate how Blockchain Capital continues to be a leader in opening up new opportunities for issuers and investors,” said Securitize Co-Founder and CEO Carlos Domingo. “We’re excited to integrate with and facilitate the migration to ZKsync, which will deliver immediate benefits to investors in the fund and is another step in leveraging blockchains to bring tokenized assets to institutional and mainstream investors alike.”1

“We’re extremely proud of the progress of our tokenized fund, and the delivery of our first dividend. Our upgrade to ZKsync is not just about enhancing its efficiency; we leapt at the opportunity to work hand-in-hand with our portfolio companies to redefine what’s possible,” said Brad Stephens, Co-Founder of BCAP. “We’re building the democratized landscape we want to see, and we’re supporting the companies who will further that mission.”

The migration furthers BCAP’s continued commitment to innovation and efficiency in venture capital, building on the fund’s remarkable achievements and its role in democratizing access to venture capital investments.

Note: Mr. Gluchowski and Mr. Domingo are not compensated for this endorsement and are also not advisory clients of or investors in BCAP or its affiliates, but there is a conflict of interest in endorsing BCAP by virtue of Mr. Gluchowski and Mr. Domingo being Co-Founders and Founders, respectively, of portfolio companies held by the fund. Therefore, any advice or opinions of the endorsers regarding BCAP or its affiliates may be influenced by such an arrangement.

About Blockchain Capital
BCAP is a pioneer and leading venture capital firm in the blockchain industry, founded in 2013. The firm has invested in over 100+ companies, protocols, and tokens. As one of the first fund managers in the space, BCAP has been actively involved in the blockchain ecosystem, providing not just capital but operational support to innovators building the foundations of the blockchain economy.

To learn more about BCAP, please visit https://www.blockchaincapital.com.

About ZKsync
ZKsync uses zero-knowledge (ZK) technology to scale Ethereum and bring crypto to the mainstream. Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology powers the entire Elastic Chain ecosystem and makes digital self-ownership universally available.

To learn more about ZKsync, visit http://www.zksync.io

Media Contact:
Charlotte Siller, Marketing Manager at Blockchain Capital
Charlotte@blockchaincapital.com

M Group Strategic Communications (on behalf of ZKsync)
zksync@mgroupsc.com

1 The tokenized fund and other funds managed by BCAP have invested substantial capital in ZKsync and Securitize. Neither ZKsync nor Securitize, nor any affiliates thereof, were compensated for making statements in this press release.

The tokenized fund is an evergreen venture fund that invests in the equity and digital assets of projects in the blockchain industry. The fund’s tokens represent an indirect economic interest in the fund and are not redeemable. Prior to this first dividend announced here, all returns from the fund’s investments, net of fees to the manager, have been reinvested into the fund to make new investments. Nothing presented herein is intended to constitute investment advice, and under no circumstances should any information provided herein be used or construed as an offer to sell or a solicitation of an offer to buy securities or interests in any investment fund.

The information provided herein is historical and past performance is not indicative of future results. As with any investment strategy, there is potential for profit as well as the possibility of loss. No guarantee of investment performance is being provided and no inference to the contrary should be made. It should not be assumed that an investment in any fund managed by the manager or its affiliates will be profitable. Investment in the fund described herein will be suitable only for certain sophisticated investors who have no need for immediate liquidity in their investment and who are comfortable with the substantial risks associated with such an investment.

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SOURCE Blockchain Capital

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Guidewire Congratulates 2026 Innovation Award Winners – Beazley, Definity, and RCIS

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Winners applied AI across product development, claims, and software delivery, reducing manual work and speeding results

LAS VEGAS, Oct. 28, 2026 /PRNewswire/ — CONNECTIONS CONFERENCE — Guidewire (NYSE: GWRE) congratulates the winners of its 2026 Innovation Awards: Beazley, Definity, and RCIS. The annual awards honor Guidewire customers for their innovation in addressing evolving business needs, driving better experiences for their customers and agents, and delivering better results across the insurance lifecycle. Winners were announced during Guidewire Connections, the company’s annual customer conference.

The three 2026 Innovation Award winners are:

1. Beazley

Modernization across product development, broker submissions, and billing is helping Beazley improve speed and efficiency while creating a foundation for growth.

Beazley, a leading Lloyd’s syndicate and global specialty insurer, is transforming its policy administration and billing capabilities through a modern, connected Guidewire Cloud platform, creating a consistent global foundation while retaining the flexibility required for local market variations. Working with Capgemini, a Guidewire Consulting Global Strategic partner, Beazley implemented Guidewire PolicyCenter and BillingCenter, with the European solution delivered in approximately eight months.

The program addresses significant complexity across Beazley’s global specialty business, including rationalizing more than 200 marketable products into a condensed, streamlined set of products which reduced complexity and improved speed to market. Capgemini’s AI-enabled delivery model, combined with Guidewire’s Advanced Product Designer (APD), established a repeatable Product Factory approach enabling rapid development.

The transformation also connects Beazley’s digital and broker platforms with its core underwriting operations through Guidewire Integration Gateway, using API and event-driven integration to support broker submissions, customer and account data and policy servicing. Combined with a modernized billing capability, this creates a more connected digital insurance lifecycle and supports Beazley’s evolution towards increasingly AI-enabled underwriting.

These capabilities provide Beazley with a scalable modern core that simplifies the underlying technology landscape while supporting greater automation, product agility and continued growth across global specialty markets.

For additional information, visit the Beazley website.

2. Definity

Definity launched its first production agentic AI solution to manage and triage broker First Notice of Loss (FNOL) intake, replacing manual data re-keying with structured draft claims generated directly in Guidewire for a claims adjuster to review.

Developed in collaboration with Deloitte, a Guidewire Consulting Global Premier partner, the solution leverages a network of AI agents to classify submissions, extract and reason over information, and execute workflows to generate structured draft claims directly in ClaimCenter.  It provides a governed, traceable path from AI processing to claims operations, keeping adjusters firmly in the loop while reducing manual effort and improving speed and consistency.

Beyond modernizing FNOL intake, the initiative establishes a scalable foundation for deploying reusable, governed agentic AI capabilities across Definity’s claims lifecycle, accelerating future innovation.

For additional information, visit the Definity website.

3. RCIS

RCIS Tech Transformation in Crop Insurance, one of the insurance industry’s most complex and highly regulated lines of business, is modernizing operations with Guidewire InsuranceSuite, Jutro Digital Platform, data, and AI-first innovation

As part of its Passion for the Possible™ initiative, RCIS enlisted PwC, a Guidewire Consulting Global Strategic partner, to transform its legacy environment into a modern, unified platform powered by Guidewire Cloud Platform, delivering enhanced digital experiences for agents, underwriters, adjusters and customers.

Led by its vision to evolve in technology, ease and modern customer experience, RCIS and PwC leveraged Guidewire Advanced Product Designer (APD), Digital and AI-first engineering to accelerate delivery of a highly customized crop insurance solution. The transformation includes complex legacy data migration, integrated geospatial Farm Maps, automated Risk Management Agency (RMA) regulatory reporting, and streamlined core insurance operations all while maintaining business continuity through critical seasonal agricultural cycles. RCIS is among the top providers of crop insurance in the U.S. and one of only 12 Approved Insurance Providers (AIPs) of the Federal Crop Insurance Program. It is the only AIP to offer coverage in all 50 U.S. states through a national network of more than 3,700 agents.

It is anticipated the RCIS Guidewire transformation will set a new benchmark – in the agriculture industry and across the insurance industry as a whole – for modernizing complex insurance platforms, combining Guidewire Cloud innovation, deep industry expertise, and AI-first engineering to accelerate transformation and deliver measurable business value.

For additional information, visit the RCIS website.

“We congratulate this year’s Innovation Award winners and thank all participants and our consulting partners for their contributions,” said Brian Desmond, CMO, Guidewire. “These insurers applied AI to the work that runs their business and have measurable results to show for it. Agentic insurance is where the industry is heading: AI agents that execute work within the controls the insurer sets. These winners are showing how to get there, on Guidewire.”

About Guidewire

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 44 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and consulting partner ecosystem. Our marketplace represents the largest partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on X and LinkedIn.

Contact:

Melissa Cobb
Director, Public Relations
Guidewire Software, Inc.
+1.650.464.1177
mcobb@guidewire.com

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

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SOURCE Guidewire Software

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Coremail Strengthens Digital Ecosystem Ties at WPS Indonesia Roundtable 2026

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JAKARTA, Indonesia, Oct. 29, 2026 /PRNewswire/ — Coremail participated in the WPS Indonesia Digital Ecosystem Roundtable 2026 in Jakarta, joining technology companies, local service providers and enterprise representatives to discuss Indonesia’s digital transformation and ecosystem collaboration. The company also served as title sponsor of the evening networking reception.

As Indonesia’s digital economy evolves, businesses increasingly need solutions combining cloud infrastructure, AI, enterprise software and local services. Connecting these complementary capabilities can help providers and partners better address customer needs.

The event featured partner matching, collaborative solution discussions and executive roundtables, offering opportunities to explore technology integration, joint solutions, channel development and local service delivery.

Coremail exchanged perspectives with participants on enterprise communications, data security and digitalisation in Indonesia, exploring opportunities to address evolving business requirements with local partners.

Regan Deng, Vice President of Coremail, emphasised the importance of understanding local markets and customer needs. He noted that combining complementary strengths in technology, products, infrastructure and local services can help businesses develop solutions suited to their operational requirements.

Top, Coremail’s Thailand Project Manager, introduced the company’s product portfolio, global footprint and partnership opportunities, highlighting its enterprise email communications and security expertise.

Founded in 1999, Coremail’s portfolio includes the Coremail AI-Native Secure Email System, CACTER AI-Native Secure Email Gateway, Email Archive System, Email Delivery System and Secure Email Relay. Flexible deployment and integration capabilities help organisations address differing data security, IT infrastructure and business requirements, supporting secure and reliable enterprise communications.

Coremail has established cooperation with Indonesian cloud service provider CBN Cloud to jointly develop a cloud email service platform, combining Coremail’s email technology with local service capabilities to support Indonesian businesses.

The roundtable offered opportunities to strengthen local connections and explore further collaboration in enterprise email, email security and integrated digital solutions. Coremail will seek to deepen its Southeast Asian presence and work with local partners to address evolving customer needs through secure enterprise email, email security and AI-enabled solutions.

For more information, please visit: www.coremail.co.th

About Coremail

Coremail provides enterprise email and collaboration solutions, with over 27 years of innovation in secure communication technologies. It serves over 20,000 enterprise customers and supports over 1 billion end users, with solutions widely adopted across government, finance, education, healthcare and energy.

 

View original content:https://www.prnewswire.com/apac/news-releases/coremail-strengthens-digital-ecosystem-ties-at-wps-indonesia-roundtable-2026-302921912.html

SOURCE Coremail

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Straits Financial Services Pte Ltd Participates in First Trading Day of LME Steel HRC Shanghai Futures

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SINGAPORE, Oct. 29, 2026 /PRNewswire/ — Straits Financial Services Pte Ltd (SFSPL), a member of Straits Financial Group, announces its participation in the first trading day of the London Metal Exchange (LME) Steel HRC Shanghai futures contract on 27 October 2026.

SFSPL’s participation reflects its continued commitment to supporting the development of commodity derivatives markets and connecting clients with exchange-traded instruments to manage price risk.

The new contract is cash-settled in US dollars against the Shanghai Futures Exchange (SHFE) Hot-Rolled Coil (HRC) steel price, as converted by Commodity Pricing and Analysis Limited (CPAL). It marks the first time an SHFE metals price has been made available for trading on another exchange.

By bringing the SHFE HRC benchmark to LME, the contract provides international market participants with more direct access to this price. It also strengthens links between China’s steel market and the global trading community, supporting the risk-management needs of producers, traders, investors, and financial institutions.

“We are thrilled to participate in the first trading day of the LME Steel HRC Shanghai futures contract. The new contract broadens the range of instruments available to international participants seeking to manage steel price exposure,” said Mr Roger Quek, CEO and Managing Director of SFSPL.

Straits Financial Services looks forward to supporting the development of this market and helping its clients access relevant risk management solutions across global commodity markets.

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 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 there to, 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-participates-in-first-trading-day-of-lme-steel-hrc-shanghai-futures-302922017.html

SOURCE Straits Financial

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