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Hashgraph unveils three major announcements at HederaCon in Miami

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New cross-ledger protocol, general availability of the HashSphere private network, and an investment in digital asset provider ioBuilders

MIAMI, May 4, 2026 /PRNewswire/ — At HederaCon today, Hashgraph, an enterprise software firm powering trusted digital markets, unveiled three major announcements that together define the firm’s strategic direction in financial markets. This includes the introduction of CLPR, a new protocol in development aimed at enabling interoperability between ledgers, the general availability of HashSphere, a private network built with Hedera technology, and an investment in ioBuilders, a leading provider of multi-chain tokenization solutions. Together, these initiatives reinforce Hashgraph’s commitment to building a trusted and interoperable digital economy.

Financial institutions are accelerating the adoption of digital assets and DLT, but face a common challenge: fragmented liquidity, network lock-in that further limits how capital and assets can move, and the need to abstract away from growing operational complexity.

Hashgraph’s latest announcements are designed to address these fundamental challenges head-on, creating a more practical and connected foundation for how financial markets operate in the future.

Hashgraph unveils CLPR, the bridgeless Cross-Ledger Protocol

CLPR (pronounced “clipper”) is a novel Cross-Ledger Protocol in development by Hashgraph that sets a new standard for trusted communication across diverse blockchain networks–all without bridges, pooled liquidity or intermediary validator networks.

Today, financial infrastructure is fragmented. Assets and data are locked within individual networks, making it difficult for participants to access new sources of liquidity and efficiently scale business operations. Existing approaches, such as bridges and intermediaries, attempt to solve this problem, but introduce security risk, operational complexity, and points of failure. None of the industry’s current approaches are truly decentralized or eliminate the need to rely on intermediaries.

CLPR enables tokens, data, and messages to move freely across networks, secured by cryptographic state proofs and threshold signature schemes (TSS), without compromising the speed or security of the underlying chains.

This unlocks a more practical and scalable digital economy:

Liquidity can move seamlessly between networks, instead of being fragmented across various blockchain networksAssets can be issued in one network and used in anotherPrivate networks can connect to public networks, expanding distribution while maintaining compliance and controlSettlement can happen quickly across counterparties and systems in a single flow, reducing friction in tradingLess reliance on system integrations and bespoke bridge infrastructure

“CLPR represents a fundamental shift in how networks interact,” said Dr. Leemon Baird, Co-Founder of Hedera. “Just like internet protocols enabled global communication, CLPR creates a shared foundation for moving tokens and data seamlessly across networks. By eliminating the need for bridges, it offers a more secure and trusted model.”

CLPR is currently in closed beta, and Hashgraph invites market participants to join the Early Adopter Program: https://www.hashgraph.com/clpr/

For more information, visit: https://hashgraph.com/blog/clpr-a-new-bridgeless-standard-for-cross-ledger-communication/

HashSphere GA brings a new private network to regulated markets

At HederaCon, Hashgraph also announced the general availability of HashSphere, a private, permissioned network powered by Hedera technology, that is designed to deliver privacy with optionality. In his keynote, Hashgraph CEO Eric Piscini outlined five compounding principles that make HashSphere stand apart from other private networks:

Transaction privacy via zero-knowledge proofs for DvP, PvP, and direct transferA stand-alone architecture free from public network dependencies (i.e. not a subnet)Customer-controlled validator and governance modelsMathematically guaranteed finality and fair transaction orderingInteroperability with other Spheres, the Hedera public network, and even other blockchain networks via CLPR

Use cases include tokenized assets, cross-border payments, and faster post-trade settlement. Unlike traditional private networks, HashSphere is built to interoperate, allowing institutions to avoid isolated systems and connect to broader markets.

“Financial institutions should not have to choose between regulatory compliance and access to new sources of liquidity,” said Eric Piscini, CEO of Hashgraph. “HashSphere gives them both. From underpinning initiatives like The Reserve Bank of Australia’s Project Acacia to new use cases in insurance, HashSphere is a secure foundation for institutions to build and grow with confidence in regulated markets.”

Hashgraph expands offerings with ioBuilders and Asseto

Rounding out the HederaCon announcements, Hashgraph revealed a new investment in ioBuilders, a Madrid-based financial technology firm focused on the development of digital asset solutions.

ioBuilders’ flagship tokenization platform, Asseto, enables institutions to issue and manage digital assets in a compliant and scalable way. Powered by multiple blockchains, Asseto ensures institutions are never locked into a single protocol.

As part of this strategic investment, HashSphere will be integrated into Asseto and sold and serviced by the Hashgraph team starting in June 2026.

“ioBuilders has been building solutions leveraging Hedera’s best-in-class technology since 2020. This deepening of our relationship is a natural progression. Hashgraph brings distribution, credibility, and a shared conviction that the future of digital assets is open and connected. We couldn’t be more excited to build the future of finance together.” Carlos Matilla, CEO, ioBuilders.

A connected future for financial markets

Together, these announcements mark a new era for Hashgraph and a new phase for how financial institutions build, connect, and operate in digital markets.

By unlocking trapped liquidity with a cross-ledger protocol, launching a private network with native interoperability, and co-selling a multi-chain tokenization solution, Hashgraph is helping drive a more connected, efficient, and interoperable financial system.

About Hashgraph
Hashgraph is an enterprise software firm powering the next generation of connected digital markets. The company develops solutions for financial services that leverage hashgraph technology and provides ongoing support to the Hedera public network. Through cross-ledger interoperability, private network infrastructure, and tokenization platforms, Hashgraph enables institutions to issue, trade, and manage assets seamlessly across systems, helping to drive a more connected digital economy.

For more information, visit hashgraph.com

Media Contact: laura.cooley@hashgaraph.com

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SOURCE Hashgraph

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TiTE x IHT 2026: The Definitive Hub for Taiwan’s Hardware Manufacturing Excellence

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TAICHUNG, May 6, 2026 /PRNewswire/ — When sourcing from Taiwan, location is the ultimate strategic advantage. Don’t be misled by smaller, general trade shows held in city centers like Taipei. To truly connect with the source, you must go where the products are born. TiTE x IHT (Oct 20-22, 2026) in Taichung is the undisputed largest and most vital hardware industrial expo on the island. Hosted directly in the heart of Taiwan’s precision manufacturing cluster, this event features 1,000+ booths and 500+ top-tier manufacturers, offering a scale and industrial depth that no other exhibition can replicate.

Why Global Buyers Choose the Taichung Source Over Urban Trade Shows:

The Revolutionary “Exhibition as Factory” Model: Taichung is the global epicenter for hardware, home to 70% of Taiwan’s industry output. Our unique location enables the “30-Minute Sourcing Circle.” This allows you to verify high-end samples on the show floor in the morning and audit world-class production lines by the afternoon. By eliminating the travel gap between the booth and the factory, we reduce traditional procurement cycles from weeks to hours, providing unmatched transparency for R&D, capacity assessment, and quality control.ESG & CBAM Compliance for Western Markets: As the EU’s Carbon Border Adjustment Mechanism (CBAM) and global ESG mandates reshape trade, our exhibitors are already ahead of the curve. Discover CBAM-ready solutions and green manufacturing processes specifically designed to meet the strict sustainability requirements of the European and American markets. We provide more than just tools; we provide carbon-footprint-managed resilience for your brand.AI-Driven Smart Manufacturing: Address global labor shortages and rising costs with Taiwan’s latest innovations. The 2026 expo focuses on “AI Empowerment,” showcasing collaborative robotics, automated digital inspection, and data-driven supply chain management. These technologies ensure lead-time stability and high-precision consistency for premium global brand owners.Direct Sourcing & Global Matchmaking: Skip the middlemen and trading agencies. Our “Global Buyer Day” offers exclusive, pre-arranged matchmaking with the actual OEMs/ODMs. This is the primary decision-making platform for major distributors seeking resilient, direct-to-factory partnerships that guarantee the best pricing and priority production slots.

Experience the synergy of smart manufacturing and global trade. Stop at the source—where the world’s hardware is actually built. Secure your competitive edge in the true heart of the industry.

【TiTE x IHT】

Date: October 20-22, 2026Venue: TICEC, Taichung, TaiwanRegister Now: https://accu.ps/g8MZ1SHousing Subsidy: https://forms.gle/34VHVxSrEw7g8GxDAOfficial Website: https://www.hardwareexpotw.com

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SOURCE TiTE x IHT

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KIST Accelerates U.S. Expansion of Quantum Deep-Tech Startups Through SelectUSA 2026

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SEOUL, South Korea, May 5, 2026 /PRNewswire/ — The Korea Institute of Science and Technology (KIST) President Oh Sang-rok announced that it will participate in the SelectUSA Investment Summit 2026 as part of a Korean delegation, together with quantum technology startups supported by the Ministry of SMEs and Startups under the Deeptech Project (DIPS).

The initiative, supported by South Korea’s Ministry of SMEs and Startups (MSS), is part of the government’s “Deeptech Incubator Project for Startups” (DIPS) initiative, which aims to nurture globally competitive deep-tech ventures.

KIST, which serves as the lead institution for the quantum technology sector under the program, said it will oversee the global commercialization efforts of participating firms. In particular, the “Global Bridge Program,” jointly developed with the U.S. Embassy in Korea in September 2025, is an official program designed to generate tangible overseas expansion outcomes by linking investment attraction with local market entry through diplomatic channels.

Organized by the U.S. Department of Commerce, the SelectUSA Investment Summit is the largest investment promotion event in the US, connecting international startups with venture capital firms, corporate investors and state-level economic development agencies.

It serves as an execution-oriented platform that extends to investment, corporate establishment, site selection, and tax incentives, and is considered a key entry gateway for deep-tech companies, including those in quantum technology.

KIST said participation in the summit is particularly significant for deep-tech sectors such as quantum technology, where access to the US innovation ecosystem is seen as key to growth.

The program is conducted in two stages. From April 30 to May 1, companies took part in a spin-off program hosted by the State of Maryland, which included visits to research institutions and tours of the regional quantum technology ecosystem.

During this period, the delegation also conducted localized activities with the Maryland state government and its economic development agencies, focusing on investment attraction, corporate collaboration, and joint R&D. In addition, on May 5, the delegation held discussions with U.S. Department of Commerce Deputy Secretary William Kimmitt on potential areas of cooperation.

The delegation will also meet officials from Fairfax County Government to explore collaboration and investment opportunities.

The main summit, currently ongoing from May 3 to May 6, features exhibitions, pitching sessions and meetings with US state representatives, with participating firms expected to engage in discussions on investment and market entry.

The delegation is structured to encompass the entire quantum industry rather than a single technology domain.

The Korean delegation comprises five startups, alongside Kyung Hee University Department of Future Science & Technology Commercialization Policy and Entrepreneurship, with approximately 20 participants forming an integrated ecosystem that combines research institutes, academia, and startups, enabling a full-cycle support system from technology validation to commercialization and global expansion.

One of the firms, OptiQ-Labs, was selected for an official pitching session on May 4, where it presented its laser-based optical modules designed for ion-trap quantum computing systems.

This highly competitive program selects only around 100 companies from more than 20,000 applicants worldwide. If selected as the winner of the pitching session, the company will receive follow-up meetings with U.S. state governments and economic development agencies, access to global investor networks, support for local entity establishment, and connections to site selection and tax incentive programs.

Other participating companies include QUAD, which develops single-photon detection technology; SLEEX, focused on underwater sensing; Elixir (StatUp AI), which works on quantum-classical hybrid algorithms for healthcare; and SQK (QMEDIC), specializing in physics-based imaging solutions.

KIST Project Director, Kang Sunjoon, said, “This program represents a critical milestone for Korean quantum startups to directly connect with global investors and industry ecosystems. Via the DIPS program, we are actively promoting the global commercialization of quantum technologies.”

Through its participation in SelectUSA, KIST has established a package-type global expansion model that integrates technology validation, investment attraction, and U.S. market entry.

The summit serves as a turning point for South Korea’s quantum sector, enabling startups to move into the next phase of validation, investment, and overseas expansion.

For more information, visit https://eng.kist.re.kr/.

About KIST 

KIST was established in 1966 as the first government-funded research institute in South Korea. KIST now strives to solve national and social challenges and secure growth engines through leading and innovative research.

About Participating Quantum Startups

QUAD, led by Chief Executive Officer, Oh Byung-doo, develops quantum sensing technologies based on superconducting nanowire single-photon detectors (SNSPDs), offering high sensitivity and precision with applications spanning quantum communication, quantum computing, semiconductor inspection, and defense.

SLEEX is developing an advanced perception technology that combines quantum LiDAR and electric field sensing to overcome limitations of existing underwater sensors, particularly by eliminating blind zones within the 0–2 meter range, with strong potential in autonomous navigation, maritime security, and defense, with Lee Jeho at the helm as Chief Executive Officer.  (https://www.thesleex.com)

Elixir, headed by Chief Executive Officer Jang Jung-kwon, develops a drug discovery and biomarker analysis platform based on quantum-classical hybrid algorithms, targeting the precision medicine market through the integration of bioinformatics and quantum machine learning. (statupai.com)

SQK develops medical imaging AI based on quantum-physics constraints, addressing the hallucination issues of conventional AI by ensuring physical consistency in CT and MRI reconstruction. Under the leadership of Chief Executive Officer Kim Yoon-hak, SQK is improving reliability and reducing the need for re-scans in clinical settings. (www.sqkcloud.com)

View original content to download multimedia:https://www.prnewswire.com/news-releases/kist-accelerates-us-expansion-of-quantum-deep-tech-startups-through-selectusa-2026-302763636.html

SOURCE The Korea Institute of Science and Technology (KIST)

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Former Visa Asia Pacific Executive David Tay Joins YeahPay as Global Vice President

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SINGAPORE, May 6, 2026 /PRNewswire/ — YeahPay, the international payment brand under YEAHKA (9923.HK), has appointed David Tay, a former senior executive at Visa Asia Pacific, as Global Vice President, tasking him with overseeing the strategic direction and product ecosystem development of YEAHKA’s overseas payment business. The appointment comes as global digital trade enters a new phase defined by ecosystem integration, with payment infrastructure undergoing a generational shift in acceleration.

David Tay, a Singaporean national, is a rising leader in the payments industry. During his career at Visa, David played a key role in driving business growth across multiple Southeast Asian markets, demonstrating early promise in commercial insight and innovation. He subsequently moved into Visa’s Innovation division, where he rose to serve as Head of Innovation, leading Visa Pacific’s product innovation and new business.

In that capacity, David led the commercialization of cutting-edge payment paradigms including Visa Flex Credential and Pay by Palm. He was also involved in the evaluation and governance of strategic partners across the region, accumulating deep expertise in collaborating with banks, fintechs, and large-scale enterprise merchants.

David’s track record spans the full go-to-market lifecycle, from concept to pilot to scale, as well as deep capabilities in cross-institutional partnerships and ecosystem development. His appointment comes at an inflection point for YEAHKA’s international expansion. According to YEAHKA’s 2025 annual report, its overseas business delivered full-year Gross Payment Volume (GPV) surpassing RMB 5 billion, representing a 323.3% year-on-year surge from RMB 1.1 billion in 2024.

View original content:https://www.prnewswire.com/apac/news-releases/former-visa-asia-pacific-executive-david-tay-joins-yeahpay-as-global-vice-president-302763652.html

SOURCE Yeahka

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