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Canaan Inc. Completes Transfer to Nasdaq Capital Market

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Applies for additional 180-day minimum bid price compliance period

SINGAPORE, July 6, 2026 /PRNewswire/ — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), an innovator in crypto mining, today announced that the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) has approved the transfer of the listing of the Company’s American Depositary Shares (“ADSs”), each representing 15 Class A ordinary shares, from the Nasdaq Global Market to the Nasdaq Capital Market. The transfer became effective at the opening of trading on July 1, 2026.

The transfer has no impact on the trading of the Company’s ADSs, which continue to trade under the ticker symbol “CAN.” The Nasdaq Capital Market operates in substantially the same manner as the Nasdaq Global Market, and companies listed on The Nasdaq Capital Market must meet certain financial and corporate governance requirements to qualify for continued listing.

As previously disclosed, the Company received a notice from Nasdaq on January 14, 2026, indicating that it was not in compliance with the minimum bid price requirement as the closing bid price of its ADSs remained below US$1.00 for 30 consecutive business days. In accordance with Nasdaq’s listing rules, the Company was granted an initial 180-day compliance period until July 13, 2026, to regain compliance. Following the transfer of its listing to the Nasdaq Capital Market, the Company has applied for an additional 180-day compliance period on July 6, 2026.  If Nasdaq approves such application, the Company would be granted an extended compliance period to regain compliance with the minimum bid price requirement. To regain compliance, the Company’s ADSs must maintain a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days during the applicable compliance period.

“Our transfer to the Nasdaq Capital Market gives us maximum flexibility while we continue executing our long-term strategy,” said Nangeng Zhang, chairman and CEO of Canaan. “As the convergence of AI and energy reshapes global compute demand, we remain focused on building long-term shareholder value by expanding our leadership in hardware manufacturing, growing our operations, and advancing our broader energy-plus-compute strategy. We are committed to taking the necessary steps to regain compliance with the minimum bid price requirement and believe the Nasdaq compliance framework provides a viable path to support our continued listing status.”

About Canaan Inc.

Established in 2013, Canaan Inc. (NASDAQ: CAN), is a technology company focusing on ASIC high-performance computing chip design, chip research and development, computing equipment production, and software services. Canaan has extensive experience in chip design and streamlined production in the ASIC field. In 2013, Canaan’s founding team shipped to its customers the world’s first batch of mining machines incorporating ASIC technology under the brand name Avalon. In 2019, Canaan completed its initial public offering on the Nasdaq Global Market. To learn more about Canaan, please visit https://www.canaan.io/.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward-looking statements. Canaan Inc. may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, such as expectations with regard to revenue or mining hash rate deployment, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, the ability of the Company to execute against its goals, financial condition and results of operations; the expected growth of the bitcoin industry and the price of bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its bitcoin mining machines; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry; changing macroeconomic and geopolitical conditions, including evolving international trade policies and the implementation of increased tariffs, import restrictions, and retaliatory trade actions; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Canaan Inc.
Xi Zhang
Email: IR@canaan-creative.com

Christensen Advisory
Christian Arnell
Email: canaan@christensencomms.com

Public Relations Contact

BlocksBridge Consulting
Jesse Colzani
Email: canaan@blocksbridge.com

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SOURCE Canaan Inc.

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J&T Express Average Daily Parcel Volume Exceeds 100 Million in the Second Quarter of 2026

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Southeast Asia Parcel Volume Up 63.2% YoY and Other Markets Parcel Volume Up 136.5% YoY

HONG KONG, July 8, 2026 /PRNewswire/ — J&T Global Express Limited (“J&T Express” or “J&T” or the “Company”, stock code: 1519.HK), a global logistics service provider, today announced its business update and operating metrics for the second quarter ended June 30, 2026. During the reporting period, the Company’s total parcel volume reached 9.177 billion, up 24.2% year-on-year (“YoY”), with average daily parcel volume reaching 101 million. The quarterly average daily parcel volume crossed the 100 million milestone, marking a new stage in the Company’s business development. Non-China parcel volume reached 2.966 billion, up 66.9% YoY, accounting for 32.3% of total parcel volume and representing an increase of 8.3 percentage points from the same period last year. For the first half of the year, the Company’s total parcel volume reached 17.503 billion, up 25.1% YoY, while non-China parcels accounted for 33.6%, an increase of 9.4 percentage points YoY. The Company maintained strong growth overall. Southeast Asia and other markets sustained high growth, China delivered steady growth, and the scale and operating capabilities of the global network continued to improve.

As a leading express logistics provider in Southeast Asia, J&T Express maintained strong growth in the region in the second quarter. Parcel volume in Southeast Asia reached 2.755 billion, up 63.2% YoY, with average daily parcel volume reaching 30.3 million. For the first half of the year, parcel volume in the region reached 5.523 billion, up 71.2% YoY. The Company continued to enhance regional fulfillment capabilities through network optimization and infrastructure investment. As of June 30, 2026, the number of sorting centers in Southeast Asia increased by 6 from the end of 2025 to 127, while automated sorting lines increased by 11 to 75, providing strong support for the region’s sustained robust e-commerce and express delivery demand.

In China, J&T Express adapted to industry changes by proactively adjusting its strategy and continuing to optimize its network structure, customer resources and operating efficiency. In the second quarter, parcel volume in China reached 6.211 billion, up 10.6% YoY, with average daily parcel volume reaching 68.2 million. In the first half of the year, automated sorting lines in China increased by 8 to 346, further supporting parcel volume growth and improved sorting efficiency.

In other markets, parcel volume in the second quarter reached 211 million, up 136.5% YoY, with average daily parcel volume reaching 2.3 million. The YoY growth rate further increased from the first quarter. The Company continued to capture e-commerce development and cross-border logistics opportunities in regions including Latin America and the Middle East, and deepened cooperation with global e-commerce platforms such as TikTok, TEMU, SHEIN and AliExpress, as well as local e-commerce platforms including Mercado Libre, further expanding its business opportunities in emerging markets. Along with business expansion, as of June 30, 2026, the number of outlets in other markets increased by about 700 from the end of 2025 to 2,700, and the number of sorting centers increased by 8 to 52, providing support for the rapid scale-up of business in other markets.

J&T Express’ global footprint and growth prospects continued to attract capital market attention. In June, the Company was included as a constituent of the Hang Seng Index, officially joining the ranks of Hong Kong blue-chip stocks, reflecting the market’s strong recognition of the Company’s business resilience and long-term value. The Company will continue to improve service quality and operating efficiency around customer needs, continue to invest in infrastructure and strengthen the development of its global logistics network, laying a solid foundation for long-term and steady development.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/jt-express-average-daily-parcel-volume-exceeds-100-million-in-the-second-quarter-of-2026-302820053.html

SOURCE J&T Express

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Federal Agencies and State Gaming Regulators to Participate in the 2026 Annual BSA/AML Gaming Conference

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LAS VEGAS, July 7, 2026 /PRNewswire/ — The BSA-AML Compliance Group is excited to share an early preview of the agenda for the Annual BSA/AML Gaming Conference, the most respected and comprehensive anti-money laundering compliance event for the gaming sector. The 2026 conference will be held at Planet Hollywood Resort & Casino in Las Vegas from September 14–17, opening with a dedicated “Fundamentals Day” on Monday, September 14 for newer professionals and those seeking a refresher in core BSA/AML principles, followed by the main conference program on September 15–17.

Senior Government Officials to Share their Insights

This year’s conference will once again feature a strong government presence, giving attendees direct access to the agencies at the front lines of financial crime enforcement, regulation, and policy. Participating federal agencies will include:

The U.S. Department of the Treasury

The Financial Crimes Enforcement Network (FinCEN)

IRS Criminal Investigation (IRS-CI)

IRS Small Business/Self-Employed Division (SB/SE) – BSA Examiners

The Federal Bureau of Investigation (FBI)

The U.S. Department of Homeland Security (DHS)

BSA Examiners and FinCEN will participate in the “Recent Trends and Focus of IRS Examinations and FinCEN Investigations” session. State gaming regulators will also be attending and participating, including the Nevada Gaming Control Board and the New Jersey Division of Gaming Enforcement. Additional government and expert speakers will be announced in the weeks ahead.

Agenda Preview

While the full agenda is still being finalized, attendees can expect an early look at sessions on the following topics:

Hot Topics in BSA/AML Compliance

Law Enforcement Panel: What Criminal Agencies Are Seeing, and What You Should Know

Recent Enforcement Actions — Casino and Non-Casino

OFAC Sanctions Enforcement Issues

State and Tribal AML Enforcement and Compliance

Prediction Markets: What’s Happening, and How It Affects Your BSA/AML Compliance Program

New FinCEN Proposals for AML Program Requirements

Back-of-House AML Investigation Issues

Emerging Technology: Artificial Intelligence and BSA/AML Compliance

Recent Trends and Focus of IRS Examinations and FinCEN Investigations

The U.S. Department of the Treasury’s National Money Laundering Risk Assessment

More sessions will be added as the agenda is finalized.

Last year, more than 560 attendees from 40 states, six foreign countries, dozens of Native American tribes, and over 160 gaming entities attended, with overwhelmingly positive feedback regarding speaker access, practical insights, and networking.

“This year’s agenda reflects the issues compliance professionals are dealing with right now — from prediction markets and new FinCEN proposals to sanctions enforcement and law enforcement trends,” said Jim Dowling, Co-Founder of the BSA-AML Compliance Group. “With participation from the Treasury Department, FinCEN, IRS-CI, IRS SB/SE, the FBI, and DHS, along with gaming regulators from Nevada and New Jersey — and more announcements on the way — this year’s conference is shaping up to be our strongest program yet.”

To register for the 2026 conference, visit: https://bsaamlgamingconference.com

Kinectify, Inc., the leading provider of compliance technology for the gaming industry, is the exclusive Diamond Sponsor for the BSA/AML Gaming Conference. For more information about Kinectify, please visit https://www.kinectify.com

About the BSA-AML Compliance Group
The BSA-AML Compliance Group provides the gaming industry, FinTech companies, emerging payments companies, and financial institutions with expert-led training and education in anti-money laundering, sanctions compliance, and illicit finance prevention.

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SOURCE BSA-AML Compliance Group LLC

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Tiger Research Report: Institutional RWA Adoption Moves Beyond Tokenization to Capital Market Infrastructure Overhaul

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SEOUL, South Korea, July 8, 2026 /PRNewswire/ — Tiger Research, a Seoul-based blockchain research firm, reports that institutional RWA tokenization has entered a new phase. The real transformation is not in placing assets onchain, but in reconstructing the clearing systems, settlement layers, and liquidity networks underpinning every institutional transaction.

According to rwa.xyz, onchain-issued assets reached approximately USD 34 billion as of May 2026, more than 20 times the USD 1.5 billion recorded in early 2020. Including represented assets, where ownership is recorded onchain while physical assets remain with custodians, the total rises to approximately USD 360 billion.

Tiger Research identifies four capital market verticals where onchain infrastructure is already operational. In short-term funding, Broadridge’s Distributed Ledger Repo platform, built on the Canton Network, processes USD 7.7 trillion in monthly settlement volume, with average daily volume of USD 368 billion as of April 2026. In securities settlement, the DTCC partnered with Digital Asset and received a no-action letter from the SEC in December 2025 to tokenize U.S. Treasuries, targeting an MVP in the first half of 2026. In capital raising, the Hong Kong government issued HKD 6 billion in digital green bonds through HSBC Orion in February 2024, compressing settlement from T+5 to T+1, with bonds deployed as repo collateral within days. In digital payments, Bitwave built a private B2B stablecoin infrastructure on Canton, integrating directly with enterprise ERP systems.

Tiger Research identifies three shared infrastructure requirements: transaction-level privacy, atomic settlement, and a public permissioned structure satisfying BCBS requirements. Permissionless blockchains carry risk weights of up to 1,250% under BCBS Group 2 classification, creating a significant balance sheet burden for regulated institutions.

To illustrate how these conditions are met, the report features Canton Network as a case study. Designed for institutional finance from the outset, Canton was developed by Digital Asset, which received investment from institutions including JPMorgan, Citi, Goldman Sachs, and DTCC. The firm drew on experience from projects such as the ASX settlement system replacement and the DTCC credit derivatives infrastructure rebuild in shaping Canton’s architecture. Canton embeds authorization and privacy at the smart contract level, limits validation to transaction parties, and enables atomic settlement without asset bridging.

Its Asia expansion is accelerating. In Korea, following STO legislation passed in January 2026, Hanwha Investment & Securities partnered with Digital Asset, while Shinhan Asset Management, Shinhan Securities, and KB Securities signed agreements with the Canton Foundation in June 2026. In Japan, JSCC, Nomura Holdings, and Mizuho Financial Group launched a proof-of-concept using Japanese government bonds. In Hong Kong, Canton has been integrated into the Central Moneymarkets Unit at the monetary authority level.

“Capital market infrastructure, once built, does not change easily,” said Seungsik Yoon, who leads Tiger Research’s Research Center and authored the report. “The gap between institutions that join while standards are still being set and those that try to catch up later only widens over time.”

Tiger Research concludes that regulatory clarity, institutional demand, and infrastructure maturity present the most favorable conditions yet for institutions evaluating onchain capital market infrastructure.

The full report, Below the Surface: How Canton Network Is Reshaping Capital Market Infrastructure, can be accessed [here].

About Tiger Research

Tiger Research is an independent research institution covering digital asset markets across Asia. Founded in 2022, Tiger Research has helped projects shape and distribute their narratives as one of Asia’s most referenced sources of blockchain intelligence and institutional connectivity. Its reports, published in five languages, reach 100,000 monthly subscribers and more than 200 institutional clients, including banks, asset managers, and enterprises.

View original content:https://www.prnewswire.com/apac/news-releases/tiger-research-report-institutional-rwa-adoption-moves-beyond-tokenization-to-capital-market-infrastructure-overhaul-302819356.html

SOURCE Tiger Research

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