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Bybit Expands UTA Loan Interest-Free Borrowing to 24 Assets, Empowering More Capital-Efficient Trading

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DUBAI, UAE, Aug. 7, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its UTA Loan Interest-Free Borrowing program, extending interest-free borrowing eligibility to 22 additional major crypto assets. Combined with USDT and USDC, the program now covers 24 assets in total.

The expansion helps reduce funding costs for traders using Perpetual and Futures products, giving avid traders greater flexibility in capital management under Bybit’s Unified Trading Account (UTA) framework.

Under the new framework, asset coverage for interest-free loans now supports 24 assets, including BTC, ETH, SOL, XRP, ADA, OP, NEAR, DOT, DOGE, LINK, SUI, LTC, UNI, MNT, AAVE, BCH, HYPE, XLM, ETC, FIL, APT and AVAX, alongside USDT and USDC. This significantly broadens the scope of supported assets from two mainstream stablecoins to over a dozen cryptocurrencies.

The new mechanism balances cost efficiency and flexibility for qualified traders on Bybit:

Lower Borrowing Costs: Traders no longer need to absorb interest charges on automatic borrowing triggered by unrealized losses on Perpetual or Futures positions. Zero interest rate applies for eligible borrowing under this scenario, as long as the amount stays within the applicable limit.Greater Capital Efficiency: With financing costs reduced across a wide set of 24 assets, traders can hold and adjust positions with less drag from borrowing expenses, freeing up capital that would otherwise go toward interest payments.Tailored VIP Benefits: The higher a trader’s VIP tier, the more borrowing capacity they unlock at zero interest. Because each account, including subaccounts, is assessed independently, traders running multiple accounts benefit from separate limits rather than a shared cap.

The interest-free benefit is specific to scenarios where unrealized losses on Perpetual or Futures positions activate automatic UTA borrowing. Manual borrowing, Spot Margin borrowing, Options borrowing and other borrowing types are excluded. Once the borrowed amount exceeds the limit for an asset, interest applies to the full balance.

Borrowing limits across VIP tiers are pegged to the USD equivalent value of the borrowed asset at real-time prices and may shift with market conditions, with advance notice given before any change.

Bybit’s expanded UTA Loan Interest-Free Borrowing program gives traders across VIP tiers more flexibility to manage positions without added costs. Committed to building the New Financial Platform for all, Bybit continues to introduce capital-efficient trading tools that support traders’ evolving risk management needs.

Terms and conditions apply. For details on availability and eligibility, and specific limits by VIP tier and asset type, users may visit: UTA Loan futas expands interest-free borrowing to 22 more assets

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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SOURCE Bybit

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Agoda and Hoshino Reflect on Partnership: ‘Trust and Feedback Were Key’

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TOKYO, Sept. 22, 2026 /PRNewswire/ — Digital travel platform Agoda CEO Omri Morgenshtern and Hoshino Resorts CEO Yoshiharu Hoshino recently convened at HOSHINOYA Tokyo, sharing insights on the successful first months of their partnership. The leaders highlighted the strong relationship formed through Agoda’s serious commitment to feedback from Hoshino, fostering a collaboration grounded in continuous improvement and innovation.

The collaboration has seen both companies working closely to enhance their offerings and improve customer experiences. Agoda and Hoshino Resorts began their partnership in November last year with a focus on addressing challenges in room bookings and customer satisfaction. Agoda’s robust engineering teams in Bangkok, India, and Singapore played a crucial role in resolving initial issues, leading to a swift improvement in service quality. This proactive approach laid the foundation for a strong partnership built on trust and mutual respect.

Omri Morgenshtern, CEO of Agoda, emphasized the importance of feedback in their collaboration. “When we received feedback from Hoshino-san, we knew we needed to make changes quickly. Our engineering team set targets and made decisive improvements, proving that we don’t just talk about change—we make it happen. This approach has been the basis of our relationship with Hoshino Resorts, and we’re excited about the win-win situations this partnership brings,” Morgenshtern shared.

During the conversation, Yoshiharu Hoshino, CEO of Hoshino Resorts, echoed these sentiments, noting the benefits of working with Agoda. He highlighted that Agoda’s commitment to understanding local cultures and adapting their services has been instrumental in the partnership. He also emphasized that Agoda’s ability to move quickly and implement changes has made a significant impact on their operations, and expressed his enthusiasm to continuing the fruitful collaboration.

The partnership between Agoda and Hoshino Resorts exemplifies how taking actionable feedback seriously can lead to successful collaborations. Agoda now has the widest selection of Hoshino’s iconic properties available on its global platform, including the recent addition of new properties: HOSHINOYA Bali, HOSHINOYA Nara Prison, Hoshino Resorts KAI Matsumoto, Hoshino Resorts KAI Miyajima, and Hoshino Resorts KAI Zao. Notably, HOSHINOYA Bali is the first Hoshino property outside Japan to be available on Agoda, opening new doors for international travelers. 

For more information, visit Agoda.com and discover the best deals on Agoda’s mobile app.

— ENDS —

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SOURCE Agoda

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Olight’s Best-Selling Clip Light Evolves: Oclip 2 Series Rotates and Tilts to Aim Where You Need It

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HOUSTON, Sept. 21, 2026 /CNW/ — Olight launched the Oclip 2 Series during its O-Fan Day event, introducing the Oclip 2 Pro and Oclip 2 Ultra designed for mechanics, public safety professionals, outdoor enthusiasts and anyone who requires fully adjustable, hands-free lighting with multiple light sources. The Oclip 2 Series represents the next generation of Olight’s best-selling clip-light line, a product line with more than one million users worldwide.

Both models feature an all-new dual-axis design that tilts the head up to 115° and rotates the clip a full 360°, allowing the beam to be freely aimed as needed after mounting without repositioning the mounting point. Self-locking pivots hold the selected angle in place. Durability testing covered 10,000 clipping cycles for the clip and 10,000 rotation cycles for the dual-axis mechanism.

The Oclip 2 Pro integrates three lighting modes in one compact body: pure flood, spot, and red light. Flood output reaches up to 530 lumens, spot range up to 125 meters, and red output up to 40 lumens.

Building on the Oclip 2 Pro’s three-light configuration, the Oclip 2 Ultra adds UV light through an industry-first R/UV emitter that integrates red and UV light within its compact body, bringing the total to four light sources. Flood output reaches up to 580 lumens and spot range up to 130 meters, while UV output reaches up to 800 mW for inspections. Beyond lighting performance, the Oclip 2 Ultra adds an exclusive OAL aluminum body and head that combine high strength with scratch resistance, alongside the new OclipBeat breathing light, which changes color based on cumulative usage time.

Across the Oclip 2 Series, dual magnets at the MCC tail and clip allow the light to be secured to compatible metal surfaces in different orientations for hands-free illumination.

Both models support USB-C and MCC charging. Each Premium version includes a 1,000 mAh Mobile Charging Dock that automatically recharges the light on the go, extends total runtime to approximately twice that of the light alone, and displays the battery levels of both the light and dock.

The Oclip 2 Pro comes in Classic Black, High-Visibility Orange, and Tidal Blue, while the Oclip 2 Ultra comes in Olive Green, Onyx Black, and Amber Orange. Both models are available worldwide through the Olight Official Store, Amazon, and authorized retailers. Standard versions are priced at $49.99 for the Oclip 2 Pro and $69.99 for the Oclip 2 Ultra; pricing for other versions is available on the Olight Official Store.

About Olight

Founded in 2007, Olight is a global innovator in portable lighting, offering high-tech solutions for everyday carry, outdoor, tactical, and professional use. With over 1,200 patents and iF and Red Dot design recognitions, Olight serves users in over 100 countries.

Contact:
pr@olight.com 

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SOURCE Olight Group Co., Ltd

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Kakao Group Announces MoU with Fireblocks to Explore Digital Asset Opportunities in Korea

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Kakao Pay and Kakao Bank sign an MoU with global infrastructure leader Fireblocks to lay the groundwork for a digital asset ecosystem in KoreaThe companies will jointly explore Korean market opportunities in digital assets, including stablecoinsThe initiative aims to assess solutions suited to local regulatory, security, and service requirements

SEOUL, South Korea, Sept. 21, 2026 /PRNewswire/ — Kakao Pay and Kakao Bank have signed a memorandum of understanding with Fireblocks to explore secure digital asset infrastructure in Korea.

The agreement is intended to help establish secure onchain infrastructure for Korea’s emerging digital asset market and strengthen its early ecosystem. This initiative leverages Kakao’s nationwide reach, expertise across fintech and banking, and core blockchain technology. The companies expect their collaboration with Fireblocks—which has deployed digital asset infrastructure for over 2,500 global institutions including more than 100 banks—to accelerate that effort.

Under the agreement, the three companies will jointly explore business opportunities based on Korea’s market conditions and infrastructure demand. With a focus on stablecoins, they will explore digital asset distribution frameworks suited to Korea’s regulatory, security, and service requirements. They also plan to conduct proof-of-concept (PoC) tests to assess the applicability of these frameworks, as part of a shared effort to build the digital asset ecosystem.

“For banks and payment platforms in Korea, leveraging reliable digital asset infrastructure that is engineered to meet institutional requirements from day one is critically important,” said Michael Shaulov, CEO and Co-Founder of Fireblocks. “This is the prerequisite for widespread adoption, and Kakao Pay and Kakao Bank are setting the groundwork now.”

“We are pleased to collaborate with Fireblocks, the global leader in digital asset infrastructure,” said Yun Ho-young, CEO of Kakao Bank and Co-Head of Kakao Group’s Stablecoin Task Force. “By combining our technology and expertise, we will develop secure and accessible digital asset services that expand our customers’ financial opportunities.”

“The success of Korea’s emerging digital asset market depends on the reliable flow of digital asset distribution,” said Shin Won-keun, CEO of Kakao Pay and Co-Head of Kakao Group’s Stablecoin Task Force. “Our strategic alliance with Fireblocks, a leading global infrastructure provider, lays an important foundation for that.”

About Fireblocks

Fireblocks is the world’s most trusted digital asset infrastructure company, empowering global institutions to build, manage and grow their business on the blockchain. With the industry’s most scalable and secure platform, we streamline stablecoin payments, settlement, custody, tokenization, trading, accounting operations, and compliance reporting – enabling everything from institutional finance to consumer-facing digital experiences across the largest ecosystem of banks, payment providers, stablecoin issuers, exchanges and custodians. Thousands of organizations – including Worldpay, BNY, Galaxy, and Revolut – trust Fireblocks to secure $16 trillion in digital asset transactions across 200+ blockchains. Learn more at fireblocks.com 

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SOURCE Fireblocks

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