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Further & 3iQ Expand Alpha Digital Fund with New USD Class II, Combining BTC Exposure with Alpha

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Further x 3iQ Alpha Digital Fund introduces USD Class II, a new share class enabling USD-denominated investors to gain long Bitcoin exposure alongside alpha generation, without having to hold or convert into BTC themselvesUSD Class II delivers an absolute return product combined with a long position in BTC, allowing investors to benefit from Bitcoin’s scarcity and convexity through a single, simple USD allocationExpands the Fund’s share class line-up to three, giving allocators the flexibility to build tailored exposures by splitting allocations between USD and BTC share classes according to their portfolio risk and return objectives

ABU DHABI, UAE and TORONTO, June 1, 2026 /PRNewswire/ — Further Asset Management (“Further”), a UAE-based digital asset investment manager, in partnership with 3iQ Corp. (“3iQ”), a global pioneer in digital asset investment solutions, today announced the introduction of USD Class II, a new share class of the Further x 3iQ Alpha Digital Fund (“ADF” or “the Fund”), the market-neutral, multi-strategy hedge fund the firms launched in December 2025.

USD Class II has been designed for investors who want USD-denominated access to the Fund’s BTC share class strategy, capturing both alpha and long BTC exposure, without the operational burden of sourcing, converting, or having to custody Bitcoin themselves. The result is an absolute return product paired with a long BTC position, enabling investors to participate in the scarcity and convexity of the digital asset through a familiar USD subscription and redemption process.

“USD Class II combines two things institutional investors increasingly want in the same product,” said Tommaso Mancuso, President & CIO of 3iQ. “It pairs disciplined alpha generation across liquid digital asset markets with long exposure to Bitcoin’s scarcity and convexity. Delivering both within a USD-denominated, institutionally risk-managed structure is what makes this share class distinctive.”

“We believe long Bitcoin exposure and disciplined alpha generation belong together in institutional portfolios, and USD Class II makes that combination accessible to investors who prefer to allocate in USD,” said Faisal Al Hammadi, Managing Partner at Further. “It reflects the kind of practical, investor-led product design that has defined our partnership with 3iQ from the outset.”

The ADF Share Class Line-Up

With the addition of USD Class II, the Further x 3iQ Alpha Digital Fund now offers three distinct share classes:

ADF – USD Class I (Pure Alpha Objective): A USD-denominated share class providing digital asset alpha with limited BTC beta. Predominantly market-neutral exposure across liquid digital asset strategies, designed to capture structural inefficiencies in crypto markets with limited net exposure to BTC or broader digital assets.ADF – USD Class II (New): A USD-denominated share class delivering BTC exposure plus alpha. Investors subscribe and redeem in USD, while the share class maintains long BTC exposure throughout the investment period. Designed for USD investors seeking to generate alpha on top of being long BTC, without having to hold BTC directly.ADF – BTC Class: A BTC-denominated share class for investors looking to grow their BTC holdings. Investors subscribe and redeem in BTC, with the share class maintaining long BTC exposure throughout the investment period. Designed for investors seeking alpha on BTC without selling their existing holdings.

About 3iQ Digital Asset Management

Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution, offering innovative risk-managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin and Ethereum ETP listed on a major global stock exchange, integrate staking into its Ethereum and Solana ETPs boosting investor returns, and offering other regulated ETPs. 3iQ is a subsidiary of Coincheck Group N.V., a NASDAQ-listed holding company based in the Netherlands. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ, visit 3iq.io.

W: https://www.3iq.io/
L: https://www.linkedin.com/company/3iq-corp/
X: https://x.com/3iq_corp

About Further Asset Management

Further is a global investment platform connecting pioneering financial infrastructure with global capital markets. The firm provides institutional investors with access to regulated opportunities across venture, structured products, and digital assets. Its managed entities empower partners to execute sophisticated financial operations—from tokenization to seamless settlement—with security and precision. Chosen by founders and institutions from San Francisco to Hong Kong, Further is a strategic partner known for its focused capital, regulatory expertise, and ability to scale category-defining companies at the frontier of finance. To learn more, visit further.ae.

Media Contact – North America
Ryan Graham
JConnelly
+1 862-777-4274
rgraham@jconnelly.com

Julie Mercuro
JConnelly
+1 973-349-6471
jmercuro@jconnelly.com

Media Contact – Europe
Angus Campbell
Nominis Advisory
angus@nominis.co

Disclaimer

This release is for informational purposes only and does not constitute investment advice or a recommendation, solicitation, or offer to buy or sell any securities, strategies, products, or services described herein. Investment in digital assets is subject to a high degree of risk, including the potential loss of the entire amount invested. Neither Further, 3iQ, nor any of their affiliates, directors, officers, or employees accept any liability for any loss or damage arising directly or indirectly from the use of or reliance on this release or the information contained herein. Readers should conduct their own research and consult with their own professional advisors before making any investment decisions. This release may contain forward-looking statements that involve risks and uncertainties; actual results may differ materially from those anticipated.

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Scania launches battery-electric CrewCab for rescue vehicles

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Scania launches its first-ever battery-electric CrewCab for fire, airport and civil rescue operations.

SÖDERTÄLJE, Sweden, June 1, 2026 /PRNewswire/ — The new battery-electric CP31L 4×2 is purpose-built to support demanding emergency operations while enabling transport operations with zero tailpipe emissions. Equipped with 356 kWh installed battery capacity and a 90 percent state-of-charge window, the vehicle combines operational capability with electric performance.

Designed with free frame sides, the new CrewCab offers flexible bodybuilder opportunities and can be adapted to suit a wide range of customer applications and operational needs.

“We are delighted to be launching our new Scania BEV CrewCab” says Louise Johansson, Solutions Manager at Scania Commercial with responsibility for the Fire & Rescue, Airport and Recovery segment.

“The addition of this new cab for battery-electric power underlines our commitment to supporting the electrification of our customers’ fleets – combining sustainability, operational reliability and long-term profitability.”

The new CrewCab is developed to meet the segment’s growing demand for low and zero-emission solutions without compromising on safety, uptime or crew comfort. Designed for challenging environments and mission-critical operations, it provides the space, accessibility and reliability rescue teams depend on.

Learn more about Scania’s battery-electric truck offering and solutions for fire and rescue operations.

CONTACT:

For further information, please contact:
Louise Johansson
Solutions Manager, Scania
Phone: +46 70 085 62 02
E-mail: louise.johansson@scania.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/scania/r/scania-launches-battery-electric-crewcab-for-rescue-vehicles,c4354535

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Front view of Scania battery-electric CrewCab

 

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SOURCE Scania

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CRIF India Launches Kolkata Chapter of ‘Credit Goes to HER’ to Empower Women in the Credit Ecosystem

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KOLKATA, India, June 1, 2026 /PRNewswire/ — CRIF India, part of the global CRIF network, has launched the first regional chapter of ‘Credit Goes to HER’ in Kolkata, West Bengal, focused on strengthening women’s leadership and influence in the credit ecosystem.  The initiative, launched in March this year is designed to drive grassroots impact by building a community of women professionals who are both shaping credit and enabling access to credit for women across segments. This comes at a time when women are playing an increasingly significant role in India’s formal credit economy yet remain underrepresented in leadership roles that shape credit policies and products.

Insights show that nationally, women-led business loans have grown by 61.1%, and women now account for 41% of new-to-credit borrowers (up from 33% two years ago). Women borrowers also demonstrate strong credit behaviour, with lower delinquency levels compared to men, and a rising presence in secured lending segments. ‘Credit Goes to HER’ seeks to build on this momentum by bringing together women professionals across lending, risk, analytics, NBFCs, fintech, and policy, creating a platform to amplify their voice and participation in shaping the future of credit.

Kolkata has been chosen for the first regional chapter given Eastern India’s robust credit growth and lending landscape. West Bengal’s retail credit market witnessed healthy growth as of March 2026, with total retail loans rising 17.2% YoY to ₹583.9K crore, while active loans grew 8.9% YoY to 332 lakh accounts. Consumption loans stood at ₹368.4K crore, up 13% YoY, led by strong growth in Gold Loans (+54.1% YoY) and Sole-proprietor Loans (+25.2% YoY).

The Kolkata chapter will serve as a local arm of the community platform for women across banks, NBFCs, fintechs, and other financial services to share knowledge, seek mentorship and collaborate on more inclusive credit practices. The launch event in Kolkata saw participation from senior women leaders of the region’s BFSI sector, including Nina Bairagi (Deputy General Manager, State Bank of India), Arpita Sen (Senior Vice President, Bandhan Bank), Jyoti Sharma (General Manager, UCO Bank), and Sharoni Pal (Head of Credit, Arohan Financial Services Limited).

Join the community: (5) Credit Goes To HER – Women in Credit, Credit for Women (Curated by CRIF India) | Groups | LinkedIn

About CRIF:

CRIF India is a leading provider of credit information, business intelligence, analytics, software and digital solutions for banks, financial institutions, NBFCs, insurance companies, telecom providers, MSMEs, corporates, and consumers across India. Through its group entities, including CRIF High Mark Credit Information Services Private Limited and CRIF Solutions, CRIF India supports responsible lending, financial inclusion, and data-driven decision-making.

Licensed by the Reserve Bank of India under the Credit Information Companies (Regulation) Act, 2005, CRIF High Mark operates one of India’s leading credit bureaus with data contributions from over 5,000 member institutions. Combining advanced analytics, decisioning platforms, business information, and digital solutions, CRIF India enables organizations to make faster, smarter, and more informed decisions across the customer lifecycle while contributing to a more transparent and inclusive financial ecosystem.

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Haier Launches Horizon Refrigerator in Vietnam, Setting New Standards for Freshness and Home Appliance Design

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HO CHI MINH CITY, Vietnam, June 1, 2026 /PRNewswire/ — To meet Vietnamese consumers’ demand for versatile, multi-scenario fresh-keeping solutions, Haier launches its premium Horizon Collection refrigerator series in Vietnam on May 29, marking the first stop in the Southeast Asian market. From its initial launch at the Royal Observatory, Greenwich in the UK to its full market rollout across Europe, and now the release in Vietnam, the Horizon series is rapidly accelerating its global footprint to bring a premium food freshness preservation experience to more consumers.

Four scenarios to meet the tropical freshness demands

Southeast Asia’s hot, humid climate demands iced drinks and diverse, ultra-fresh ingredients. Haier’s Horizon series comes with innovative freshness preservation technology and offers four scenario-based solutions for daily life.

It integrates Haier’s global first HCS humidity control and magnetic-controlled freshness technology, keeping fruits and vegetables fresh for up to 7 days and preserving the original flavor of fresh meat for 10 days. This magnetic technology won a Gold Medal at the Geneva International Invention Exhibition and is VDE-certified for keeping over 95% of the protein in meat. It also features the industry-first door-mounted ice making system, completely separated from the food storage area to prevent odor contamination and produce clean ice quickly.

Boasting a large capacity of up to 716L of space, adjustable shelves, and deep door bins, the refrigerator easily stores a full week’s groceries for the whole family — including upright 1.5L bottles. Selected models feature AI Vision technology that automatically recognizes and records the type and quantity of ingredients, making food management simple and convenient.

In the meantime, Haier also showcased its Space Fit series home appliance solutions at the Horizon series launch event, the refrigerator from the series features Haier’s original AI full-space freshness preservation technology, which keeps temperature fluctuations below 1°C. Even after a month of freezing, steak remains tender, red, and juicy when thawed, with no loss of nutrients.

Vietnam, the strategic springboard for Haier’s premium regional expansion

Vietnam is Southeast Asia’s largest high-end refrigerator market, accounting for over half of regional sales. In January 2026, Haier’s refrigerator sales in Vietnam doubled month-to-month and rose by more than 60% year-on-year, further solidifying its position as the market leader in the region. At retail outlets, side-by-side demos let customers experience Haier’s preservation technology. The Space Fit series matched competitors’ eight-month in-store display numbers in just five weeks and achieved five times their sales, spearheading Vietnam’s smart-home upgrade.

Already leading in both market share and growth in Vietnam, Haier will further strengthen its product lineup to meet rising demand for food freshness preservation with the new global flagship Horizon series.

Furthermore, Haier Smart Home officially launched the Haier brand in Vietnam in 2025 and reached a strategic partnership with the local leading appliance retailer DMX. Its AQUA washers already hold the country’s top market share.

As of April 2026, Haier ranks No. 1 in overall brand share across Southeast Asia, with growth exceeding 40% in Vietnam, Malaysia, and other markets. Following Vietnam, the Horizon series will roll out in Indonesia and Thailand, driving Haier’s high-end leadership across the region.

The launch of the Horizon series marks Haier’s refrigerator segment’s shift in Southeast Asia from leader in scale to a premium brand. Looking ahead, Haier will stay user-focused, deepen local innovation and brand upgrades to cement market leadership, and through ongoing high-end innovations and enhanced scenario-based experiences, Haier aims to deliver superior preservation, kitchen aesthetics, and sustainable growth for partners.

Please visit https://www.haier.com/global/.  

SOURCE Haier Group

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