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Trumid Reports December and Full Year 2024 Trading Highlights

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Electronic bond trading platform announces monthly activity and year-end highlights

NEW YORK, Jan. 10, 2025 /PRNewswire/ — Trumid, a financial technology company and leading fixed income electronic trading platform, today announced trade volume and user participation highlights for December 2024 and full year-ending December 31, 2024.

Trumid 2024 volumes rose 62% from 2023, driven by growth in all trading protocols, versus a 21% rise in TRACE volumes

Mike Sobel, Co-CEO & President of Trumid said, “2024 was Trumid’s best year yet. Platform activity surged, driven by engagement from our integrated network and client adoption of Trumid’s full suite of trading protocols. A record $1.4 trillion of volume traded on Trumid in 2024, up 62% year-over-year, and representing material market share gain.”

“Trumid PT and RFQ were large contributors to year-over-year growth. In their first full year of operation, our list-based trading protocols brought innovation to established workflows and greatly expanded the breadth of liquidity and user participation on Trumid. Client engagement grew across our protocol ecosystem, with a record number of counterparties trading each day in both Swarms and Attributed Trading. Trading volume in our newer list protocols more than tripled, while our legacy protocols grew roughly 50%.”

“We maintained our market-leading pace of innovation, with 25 major releases during 2024. Some of our most significant enhancements focused on clients’ growing need for automated data-driven solutions. The launch of Trumid AutoPilot™ for RFQ and Trumid PT Pricer™ marked the beginning of automation on the Trumid platform. Workflow and trade automation, powered by data and real-time pricing, will be key themes in the market this year and for Trumid. With an agile technology stack and rich history of innovation, we’re excited to continue these deployments through 2025, delivering even more value to clients and building on platform momentum.”

December 2024 Performance:

Reported Average Daily Volume (ADV) of $4.3B, up 49% year-over-year.Overall market share up 35% year-over-year.

Full Year 2024 Highlights:

Trumid network engagement was at its highest levels across all key platform indicators in 2024, translating into record overall market share and market outperformance. Trumid ADV was up 62% year-over-year compared to secondary TRACE market-wide volumes which were up 21% over the same period.

Platform market share grew 34% year-over-year boosted by accelerated client adoption of all Trumid trading protocols across all Trumid traded market segments – Investment Grade, High Yield, and Emerging Market bonds.

40% more users traded each day on Trumid compared to a year ago with the majority of traders transacting in two or more Trumid protocols.

Trumid RFQ enjoyed consecutive quarters of growth in 2024 with record traded volume and client adoption in Q4. Over 1,000 Trumid RFQ initiators and over 1,000 RFQ responders engaged in the protocol in 2024, resulting in a four-fold increase in volume year-over-year, attracting even more users to the platform. Trumid’s fully integrated RFQ responder network has tripled in size since the launch of Trumid RFQ in 2023.

Trumid AutoPilot™ for RFQ saw record engagement across participation, trade count, and list sizes in Q4. Trumid AutoPilot uses pre-determined parameters, set by clients, to allow the platform to seamlessly execute trades on their behalf. 75% of eligible line items executed “no touch” in Q4. Available for both buy-and sell-side users, Trumid AutoPilot supports mixed lists of up to 500 line-items.

Trumid PT logged consecutive quarters of growth in 2024, setting new highs for client engagement across counterparties and lists traded in Q4. More than 1,700 high yield, investment grade, and emerging market PT lists traded on Trumid in 2024 – over three times the number traded in all of 2023. The launch of Trumid PT Pricer™ also proved valuable to clients. Trumid PT Pricer estimates where a list of names should transact as a PT and compares it versus single name execution. Available both pre-trade and in-session, Trumid PT Pricer helps to guide clients when determining whether to send single-name Trumid RFQs or PTs.

Trumid Swarms continued to be a valuable source of network liquidity across both new issue and seasoned bond trading. In an active year for U.S. dollar bond issuance, across all of its protocols, Trumid accounted for approximately 40% of all new issue secondary trading in the first two days after issuance. The daily average number of users executing a trade in Trumid Swarms grew 57% year-over-year and the number of unique bonds traded daily tripled.

Trumid Attributed Trading (AT) logged a record year for traded volume and number of clients executing trades. ADV in Trumid’s dealer-to-client protocol grew around 50% year-over-year. Clients are finding value in the efficiency of electronic voice-processing on Trumid with the added benefits of integrated rates savings and executable algo streams.

Trumid’s strong high yield momentum from 2023 continued into 2024 with record user engagement driving high yield ADV and market share to record highs. Trumid high yield ADV was up 30% versus full year 2023 and market share was up 21%. Growth was driven by a mix of elevated new issue activity and a record number of seasoned bonds trading across protocols.

Over 16,000 unique bonds traded on the platform in 2024 – a new record – and over 2,200 traders transacted on Trumid – also a new record. Trumid’s expanding client network now includes 920 buy-and sell-side institutions.

About Trumid
Trumid is a financial technology company and fixed income electronic trading platform focused on US dollar-denominated Investment Grade, High Yield, Distressed, and Emerging Market bonds. Trumid optimizes the credit trading experience by combining agile technology and market expertise, with a focus on product design. The result is a differentiated ecosystem of protocols and trading solutions delivered within one intuitive platform. Learn more at www.trumid.com.

© 2025 Trumid Holdings, LLC, and its affiliates. All rights reserved. Trumid Financial, LLC is a broker dealer registered with the U.S. Securities and Exchange Commission (“SEC”) and is a member of FINRA and SIPC. Information included in this message does not constitute a trade confirmation or an offer or solicitation of an offer to buy/sell securities or any other products. There is no intention to offer products and services in countries or jurisdictions where such an offer would be unlawful under the relevant domestic law. 

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BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

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BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-expands-2026-bin-dataset-with-instant-payout-intelligence-for-igaming-gambling-and-cross-border-transfers-302829344.html

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Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

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Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

View original content:https://www.prnewswire.com/news-releases/walnut-codings-young-coders-serve-as-instructors-at-huawei-cloud-developer-training-camp-302833884.html

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MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

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SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

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