Connect with us

Technology

Eddid Financial, Ant Digital Technologies, and SageRock Capital Sign MOU to Jointly Advance Hong Kong’s New Energy and Blockchain Finance Development

Published

on

HONG KONG, July 6, 2026 /PRNewswire/ — Eddid Financial, a leading fintech-driven financial services group; Ant Digital Technologies, a global leader in technology infrastructure; and SageRock Capital (“SageRock”), which integrates traditional finance with blockchain financial innovation, today jointly announced that the three parties have formally signed a Memorandum of Understanding (MOU), establishing a partnership focused on the new energy and blockchain sectors, working together to help Hong Kong become a hub for new energy and blockchain finance.

This collaboration fully integrates the core competencies of all parties, achieving resource complementarity and synergistic advantages. Leveraging SageRock Capital’s expertise in investment architecture design, asset integration and strategic partnerships; Eddid Financial’s extensive experience in Hong Kong’s capital markets, wealth management and compliant financial services; together with Ant Digital Technologies’ world-leading capabilities in blockchain technology and big data infrastructure—the three parties will jointly explore development pathways for green energy across Hong Kong empowered by blockchain technology, promoting the deep integration of traditional finance and the digital economy, and injecting fresh vitality into Hong Kong’s new energy industry and blockchain finance innovation.

Commitment to Regulatory Frameworks – Promoting ESG and Blockchain Finance Compliance Innovation

With its clear and comprehensive regulatory regime and strong emphasis on investor protection, Hong Kong has emerged as a global leader in virtual assets and green finance. Following the signing of this MOU, all parties will strictly comply with the requirements of the Hong Kong Securities and Futures Commission (SFC) and other relevant regulatory authorities, working closely to develop compliant green energy tokenisation products. By harnessing blockchain technology to enhance the credibility of new energy assets, the partnership aims to bridge the gap between traditional finance and digital finance.

This collaboration will not only help accelerate the scalable expansion of Hong Kong’s new energy industry but will also enhance the transparency and credibility of ESG and green projects through blockchain’s decentralised and traceable characteristics, contributing fresh momentum to global sustainable development and further consolidating Hong Kong’s position as a premier international centre for green finance and financial innovation.

About the Three Parties

About Eddid Financial

Anchored in Hong Kong, Eddid Financial is an all-encompassing financial group centered around fintech and dedicated to integrating latest technologies into its enterprise DNA. The diversified businesses of Eddid Financial range from retail to institutional and include but are not limited to fintech, internet finance, wealth management, asset management, investment banking, and digital assets. Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions. Members of the Group hold a variety of licenses and memberships across key financial markets. These include Hong Kong Securities and Futures Commission (SFC) regulated activities (“RA”) licenses for types 1, 2, 3, 4, 5, 6, and 9; SEHK and HKCC participant (OTP-C broker number: 0974 and 0977), Insurance Broker Company license; Trust or Company Service Provider License in Hong Kong. Additionally, our fully owned U.S. broker-dealer subsidiary, Eddid Securities USA Inc., maintains approved membership with the Financial Industry Regulatory Authority (FINRA), the National Futures Association (NFA), the Securities Investor Protection Corporation (SIPC), the Nasdaq Stock Market LLC (NQX), the New York Stock Exchange (NYSE) and NYSE American, and is registered with the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in the United States. Our Singapore subsidiary, Eddid Financial Singapore Pte. Ltd., holds the Capital Markets Services License (License No.: CMS101839) issued by the Monetary Authority of Singapore (MAS).

Ant Digital Technologies

Ant Digital Technologies is a digital technology enterprise dedicated to the commercialisation of advanced technologies. In April 2025, the company officially established its overseas headquarters in Hong Kong, selecting the city as the core hub for its globalisation strategy to radiate across the Asia-Pacific region and broader global markets, accelerating international business expansion and cross-border collaboration.

As a world-leading fintech and digital technology company, Ant Digital Technologies is committed to leveraging cutting-edge technologies—including artificial intelligence, blockchain, and privacy-preserving computation—to provide secure, efficient, and sustainable digital solutions across industries. The company empowers enterprises to transition into the intelligent era and achieve high-quality digital transformation.

In the blockchain sector, Ant Digital Technologies has built an industry-leading technology ecosystem. Its platforms, including Jovay and AntChain, have established significant advantages in critical areas such as green energy, tokenisation, supply chain finance, and cross-border trade. To date, Ant Digital Technologies has cumulatively served over 10,000 enterprise clients and more than 300 ecosystem partners worldwide, encompassing financial institutions, large enterprise groups, and innovative start-ups, forming a global service network covering key markets across Asia, Europe, and the Middle East.

Notably, Anvita, a technology brand under Ant Digital Technologies, focuses on innovative applications in tokenisation and autonomous agent collaboration. Anvita is dedicated to integrating blockchain and artificial intelligence technologies to build the infrastructure for the next generation of the digital economy, driving the evolution from traditional internet economies toward an Autonomous Economy. Through three core pillars—Autonomous Agents, Programmable Assets, and Trusted Collaboration Networks—Anvita is establishing entirely new digital infrastructure and service systems for individuals and institutions. This enables them to transform unique knowledge, assets, and capabilities into sustainable, operational digital systems, facilitating safer and more efficient collaboration and commercial activities on a global scale, and truly realising autonomous ownership, refined management, and full release of digital capabilities and asset value.

In the new energy and sustainable development sector, Ant Digital Technologies is actively deploying electric vehicle charging networks, energy storage systems, and distributed energy infrastructure. By harnessing the immutable and traceable characteristics of blockchain technology, Ant Digital Technologies effectively enhances the transparency, credibility, and financing efficiency of new energy assets. This addresses pain points in traditional energy projects regarding asset verification, revenue distribution, and cross-border financing, injecting strong momentum into global ESG development and green finance innovation, and contributing to the realisation of a more inclusive, efficient, and sustainable digital economy.

About SageRock Capital

SageRock Capital focuses on integrating TradFi with blockchain innovation. With years of experience in asset integration, structural design, and financial innovation cooperation, SageRock is committed to building bridges between traditional and digital finance. It specializes in new economic industries supporting high-quality industrial development. In this cooperation, SageRock will leverage its strengths in capital structure design and asset integration, collaborating with licensed financial institutions and technology partners to explore innovative financing models for new energy assets under a compliant framework.

View original content:https://www.prnewswire.com/apac/news-releases/eddid-financial-ant-digital-technologies-and-sagerock-capital-sign-mou-to-jointly-advance-hong-kongs-new-energy-and-blockchain-finance-development-302818178.html

SOURCE Eddid Financial

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Zelus Automation Platform and Woodforest National Bank Sign Agreement for SNAP Platform

Published

on

By

Partnership brings Zelus’s SNAP automation platform to one of the nation’s largest community banks.

THE WOODLANDS, Texas, July 14, 2026 /PRNewswire/ — Zelus Automation Platform and Woodforest National Bank® today announced an agreement for Zelus’s SNAP platform. The partnership will deliver next-generation automation capabilities across Woodforest’s retail banking operations, supporting the bank’s nearly 740 branches in 17 states nationwide.

“At Woodforest, it’s always been about customers first, community always, and this venture with Zelus brings that commitment to life in new and powerful ways,” said Julie Mayrant, President and Chief Community Bank Officer Woodforest National Bank. “Our upcoming move to Jack Henry’s SilverLake System™ sets the stage for exactly this kind of decision. Zelus’ SNAP solution integrates seamlessly with SilverLake, so we’re able to automate processes without adding complexity to our tech stack. It was a natural fit — one that lets us build on our core investment rather than work around it.”

The agreement reflects both organizations’ commitment to a long-term partnership built on shared goals of operational excellence and customer service. SNAP will be deployed across Woodforest’s retail banking network, which spans Alabama, Florida, Georgia, Illinois, Indiana, Kentucky, Louisiana, Maryland, Mississippi, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia, and West Virginia.

“We are honored to partner with Woodforest National Bank, one of the nation’s most respected community banking institutions,” said Russell Bond, Chief Executive Officer of Zelus Automation Platform. “This agreement is a testament to the power of SNAP and our shared vision of transforming the way community banks operate and serve their customers.”

The implementation of SNAP across Woodforest’s operations is expected to begin in the coming months.

About Woodforest National Bank

Woodforest National Bank has successfully stood among the strongest community banks in the nation, proudly offering outstanding customer service since 1980. Headquartered in The Woodlands, Texas, Woodforest operates nearly 740 branches in 17 states and employs approximately 4,300 associates. As an employee-owned institution, Woodforest understands the importance of investing in its people and the communities it serves. Woodforest is an Outstanding CRA-rated institution. For more information, visit www.woodforest.com.

About Zelus Automation Platform

Zelus Automation Platform is a leading provider of intelligent automation solutions for the financial services industry. The company’s flagship SNAP platform enables banks and financial institutions to streamline operations, reduce costs, and improve the customer experience through advanced automation technology. For more information, visit www.zap-llc.com.

View original content:https://www.prnewswire.com/news-releases/zelus-automation-platform-and-woodforest-national-bank-sign-agreement-for-snap-platform-302825450.html

SOURCE Woodforest National Bank

Continue Reading

Technology

High Rye Seeding Rates Prove Effective for Weed Suppression

Published

on

By

A new Weed Science Society of America research article shows a generously seeded cereal rye cover crop helps reduce weed pressure for organic no-till soybean production

WESTMINSTER, Colo., July 14, 2026 /PRNewswire/ — A Weed Science Society of America (WSSA) journal, Weed Science, recently published a research article showing that a cereal rye cover crop helps reduce weed pressure for organic no-till soybean production, particularly when seeded at higher rates. The two-year research study reviewed field experiments conducted during the 2021-2022 and 2022-2023 growing seasons near Rock Springs, Pennsylvania, at the Pennsylvania State University Russell E. Larson Agricultural Research Center.

“The aim of this study was to compare the magnitude of weed control and soybean yield under different cereal rye densities within the soybean phase of cover-crop based organic rotational no-till production,” states Laurel Wellman, a Ph.D. student in plant sciences at Pennsylvania State University, and the study’s corresponding author. “Our results indicated that all cereal rye seeding rates reduced weed biomass compared to the unseeded cereal rye control plots, and that the higher cereal rye seeding rates reduced weed biomass significantly more than the lower seeding rates.” 

In two experiments, the researchers evaluated rye cultural management strategies for rye biomass, weed suppression, and soybean yield. They tested: 

four rye seeding rates (0.5-3 bu. acre) and two sowing arrangements (grid vs. row sowing)fall-applied poultry litter (0, 1.5, 3 tons acre) with two soybean planting dates (planting green or standard planting). 

“Increasing cereal rye seeding rate did not lead to increased rye biomass but did increase weed suppression,” points out Wellman. “Soybean yield was unaffected by rye seeding rates, and sowing arrangement did not affect any response.” 

Interestingly, “while fall poultry litter significantly increased rye biomass, weed suppression was unaffected,” she adds.

During one of the two cropping seasons studied, planting green reduced soybean establishment and yield, note the researchers. However, they also state that “these results highlight the limitations of organic no-till soybean production within grain crop rotations in the Northeastern U.S. when using cereal rye as a stand-alone weed suppression method. Increasing cereal rye seeding rates or applying fall fertility could be effective cultural practices when integrated with other weed control tactics to supplement weed suppression by rye surface mulch.” 

Overall, and perhaps most importantly, notes Wellman, the study “indicates that higher cereal rye seeding rates improved weed suppression independently of cereal rye biomass.” 

More information about the study is available online in the article: “Cultural management of cereal rye for weed suppression in cover crop-based organic rotational no-till soybean.” The research article is among others recently featured in Weed Science, a Weed Science Society of America journal, published by Cambridge University Press. Wellman can be contacted about the study at lew5444@psu.edu.

About Weed Science 
Weed Science is a journal of the Weed Science Society of America, a nonprofit scientific society focused on weeds and their impact on the environment. The publication presents peer-reviewed, original research related to all aspects of weed science, including biology, ecology, physiology, management, and control of weeds. To learn more, visit www.wssa.net

Media Contact: 
Jo Skelton 
Cambridge University Press 
Senior Brand and Partner Communications Manager 
cupacademic@cambridge.org 
01223326165 

View original content to download multimedia:https://www.prnewswire.com/news-releases/high-rye-seeding-rates-prove-effective-for-weed-suppression-302825303.html

SOURCE Weed Science Society of America

Continue Reading

Technology

ICW Holdings Provides Update on Its Flagship Strategic Equities Investment Strategy

Published

on

By

BROOKLYN, N.Y., July 14, 2026 /PRNewswire/ — ICW Holdings, LLC (“ICW”), an investment management firm, today announced the formation and launch of its flagship fund, a private investment vehicle pursuing a global, long-biased equity strategy by combining bottom-up company research with macroeconomic regime analysis and portfolio risk management.

Managed by Mark Dinner, formerly with Bridgewater Associates, the strategy is designed to create a diversified, risk-balanced portfolio of high-quality businesses. With a focus on managing concentration risk and navigating a wide range of inflationary, deflationary, and policy-drive environments, the strategy’s multi-layered investment process integrates macro risk analysis, systematic portfolio construction, and selective tail-risk mitigation.

“ICW was founded on the belief that companies are the most fundamental drivers of long-term value creation and our investment approach combines rigorous bottom-up equity selection with a deep understanding of macroeconomic regimes,” said Dinner. “We believe the current environment continues to reward an active, differentiated investment approach that can adapt across cycles. The strategy is designed with that flexibility at its core and formalizes an investment approach we have been actively executing since our founding in 2021.”

ICW’s leadership team combines macro investing expertise, systematic portfolio construction experience, and institutional operational oversight. Collectively, the team brings over 100 years of cumulative experience across leading investment organizations.

About ICW Holdings, LLC

ICW is an investment management firm founded in 2020 by Mark Dinner, a former senior investor at Bridgewater Associates, to apply a disciplined understanding of macroeconomic regimes and portfolio balance to equity investing. The firm serves eligible investors seeking risk-aware equity exposure across market cycles. All statements regarding personnel background, firm history, and strategy should be reviewed for accuracy and substantiation before dissemination.

Important Notice: This press release is for general informational purposes only. It is not, and should not be construed as, an offer to sell, or the solicitation of an offer to buy, any securities or other investment interests, and it is not intended to condition the market for any securities offering. ICW is not using this announcement to market any securities. Any private offering, if made, would be conducted only through confidential offering materials and only in accordance with applicable law.

Media Contact

Matthew Della Croce
Clario Group
1-646-319-7487
matthew.dellacroce@clariogroup.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/icw-holdings-provides-update-on-its-flagship-strategic-equities-investment-strategy-302825455.html

SOURCE ICW Holdings

Continue Reading

Trending