Connect with us

Technology

Interview With Bifu CEO: From Exchange to Trading Network, With Financial Equality at Its Core

Published

on

HONG KONG, Aug. 13, 2026 /PRNewswire/ — In an industry where exchanges compete on derivatives depth, listing speed and platform tokens, Bifu has chosen a different path. With financial equality as its foundation, the platform is upgrading from a single exchange into a trading network that connects multiple markets, asset classes and communities. In a recent interview, the CEO of Bifu explained the beliefs behind the move, the dual-engine architecture powering it, the brand renewal now underway, and the trustless endgame the company is building toward.

Financial Equality as the Starting Point

According to the CEO, financial equality is the basis of the company’s decisions rather than a marketing phrase. “Quality assets, strategies and trading infrastructure should not belong only to institutions and high-net-worth individuals,” he said. “Ordinary users deserve an equal path to reach them.”

In practice, this translates into a clear direction: the company packages market return opportunities that were previously available mainly to professional institutions into products for ordinary users, so that quality strategies are no longer reserved for the few.

The CEO also connected this principle to what he sees as the industry’s main structural problem: Web2 and Web3 exchanges have not truly converged. On-chain markets offer diversity and transparency but remain fragmented and difficult to use, while traditional platforms are efficient but concentrate authority in the platform’s hands. He considers starting from Web2 the practical choice at this stage, while maintaining that platforms will ultimately need to share authority with users. This is the reasoning behind Bifu’s stated positioning as a bridge from Web2 to Web3.

A Dual Asset Engine Behind One Network

Bifu’s asset expansion runs on two tracks. The first is a brokerage engine that connects to external liquidity in markets with mature pricing, such as CFDs and prediction markets. For these markets, the company’s approach is to integrate existing liquidity rather than build its own. The second is a self-built liquidity engine covering primary assets without established pricing, along with futures and spot. This in-house pricing and matching capability is what the CEO identifies as the company’s long-term moat.

The two engines together form BiNet, the global asset trading network behind the platform. Under this architecture, crypto, forex, commodities, stock CFDs, RWA and prediction markets connect to a single account and funding system: one verification, one pool of funds, access to every market. Bifu is the platform users interact with, while BiNet is the network layer underneath.

Between traditional finance and blockchain finance, the company says it is working on the flow of funds in both directions. For the next six to twelve months, its stated priority is a trader incubation program that combines livestreaming, IM and AI agents to produce trading-related content, with content and community intended to serve as the platform’s growth channel.

From Exchange to Trading Network

On the timing of the repositioning, the CEO’s explanation is that the product has moved ahead of brand perception. In his view, the dual-engine architecture, multi-asset coverage, trader incubation and the Web2-to-Web3 bridge already constitute a trading network rather than an isolated exchange, and the brand is catching up to that fact.

BiNet, the carrier of the new positioning, is aimed at a long-standing structural problem. Each asset class operates in its own market, with separate accounts, verification and funding channels. When an opportunity appears in one market, a trader’s capital is often in another, and moving it can take hours or days. The CEO described the fragmentation as running across four levels, identity, funds, risk control and compliance, and framed it as an infrastructure problem: between the markets, there is no network.

BiNet’s proposed answer is a single shared entrance for all assets, allowing capital to move between markets rather than sitting in silos. The CEO compared it to global roaming, where one phone number works in every country, and summarised the goal in one sentence: “Wherever the opportunity is, you are already there.”

He also drew a structural distinction between a trading network and an exchange. In a traditional venue, users trade one class of assets, and each new market requires rebuilding an entire system. In a network, each new market reuses the same account, routing, matching and clearing capabilities, so markets keep being added while the entrance stays one. Beyond the technical difference, he characterised an exchange as a closed venue where users come, trade and leave, and a trading network as an open ecosystem in which the platform provides infrastructure and asset access while traders, retail users and communities operate on top of it.

This positioning also shapes how the company communicates. While competitors centre their messaging on futures, spot and platform tokens, Bifu frames its message around helping users earn from the market, with the aim that each type of trader can find a solution that fits them on Bifu, provided collectively by the community. On its relationship with partners, the CEO put it this way: “The platform is an amplifier, not a harvester.”

As for its target users, the company’s long-term position is that financial equality should carry no entry barriers. At the current stage, it serves users who want steady returns while allocating part of their capital to market opportunities. The CEO described them as financially literate, open to new things, and unwilling to stay in their comfort zone. Most discover Bifu through communities, and their feedback, according to the company, centres on the actual returns its strategies deliver.

Compliance and Trust: From Trustable to Trustless

On the question of trust, the CEO pointed to two horizons. In the short term, the company relies on its group background: the group behind Bifu has operated for years with substantial revenue, which, in his argument, means harming users would cost it far more than it would cost a new entrant. In the long term, the company says it selects jurisdictions with stable regulatory policies and plans to obtain top-tier licenses, positioning itself as a compliant bridge between Web2 and Web3.

Asked about the low level of user trust in centralised platforms after multiple industry collapses, the CEO said the company does not use competitors’ failures for attention, and instead focuses on asset segregation and custody. Beyond licenses, he emphasised segregation at the code and asset level, designed to remove the possibility of internal misconduct, so that engineering constraints rather than promises become the basis of user trust.

The stated endgame goes a step further. Today, choosing a platform means choosing to believe in a brand, and the company describes its current work as making Bifu more trustworthy. The long-term goal, however, is a protocol-based exchange with trustless mechanisms, where rules are written into the protocol and asset ownership is guaranteed by mechanisms rather than by any team’s conduct. In the CEO’s framing, trust then becomes a default property of the system, which he called the completed form of financial equality.

One Account, Trade the World

Asked to introduce Bifu in one sentence to users who do not yet know it, the CEO answered that Bifu is building a multi-market, multi-asset trading network for retail users, so that wherever the opportunity is, they are already there. However, when users first encounter the platform, he said, the intent is that they stay for a trading solution that fits them and a community that grows with them.

From trustable to trustless, and from an exchange to a trading network, Bifu’s repositioning is still in its early stages.

CONTACT:
Stan Li
stan.l@bifu.co

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/interview-with-bifu-ceo-from-exchange-to-trading-network-with-financial-equality-at-its-core-302850616.html

SOURCE Bifu

Continue Reading
Click to comment

Leave a Reply

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

Technology

Baozun to Announce Second Quarter 2026 Unaudited Financial Results on August 27, 2026

Published

on

By

SHANGHAI, Aug. 13, 2026 /PRNewswire/ — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun”, the “Company” or the “Group”), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it will release its unaudited financial results for the second quarter and the six months ended June 30, 2026 on Thursday, August 27, 2026, before the open of U.S. markets.

The Company will host a conference call to discuss the earnings at 7:30 a.m. Eastern Time on Thursday, August 27, 2026 (7:30 p.m. Beijing time on the same day).

Dial-in details for the earnings conference call are as follows:

United States:

1-888-317-6003

Hong Kong:

800-963-976

Singapore:

65-3158-8715

Mainland China:

4001-206-115

International:

1-412-317-6061

Passcode:

5702943

A replay of the conference call may be accessible through September 3, 2026 by dialing the following numbers:

United States:

1-855-669-9658

International:

1-412-317-0088

Replay Access Code:

3425144

A live webcast of the conference call will be available on the Investor Relations section of Baozun’s website at http://ir.baozun.com. An archived webcast will be available through the same link following the call.

Safe Harbor Statements

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,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,” “going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun’s beliefs and expectations, 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 Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. Baozun Inc. comprises three major business lines – Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that “Technology Empowers the Future Success”, Baozun’s business lines are devoted to empowering their clients’ business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com

 

View original content:https://www.prnewswire.com/news-releases/baozun-to-announce-second-quarter-2026-unaudited-financial-results-on-august-27-2026-302850613.html

SOURCE Baozun Inc.

Continue Reading

Technology

BOXABL Inc. Opens the Door to Mergers, Acquisitions, and Partnerships Across the Housing Industry

Published

on

By

BOXABL invites companies, landholders, talent, and inventions across the housing supply chain to join forces, with the opportunity for flexible deal structures

LAS VEGAS, Aug. 13, 2026 /PRNewswire/ — BOXABL Inc. (Nasdaq: BXBL), an innovative technology company transforming the housing market with its modular building systems, announces the launch of a new section of BOXABL’s website to encourage partnerships aimed at assembling the full suite of capabilities needed to make housing affordable at mass-production scale.

BOXABL envisions that potential partnerships may include whole-business acquisitions, mergers, joint ventures, land contributions, talent additions, and technology or intellectual property deals across the housing value chain. As part of this effort, the Company also said it is open to evaluating M&A opportunities more broadly where a combination could accelerate its mission to make housing affordable at scale.

“Housing is too expensive right now, and every year we spend inventing something that already exists is a year homes stay unaffordable,” said Galiano Tiramani, BOXABL Founder and Co-CEO. “If someone has already solved a piece of it, the fastest path is to bring them in — not to start over in-house and hope we catch up.”

Four Areas of Focus

BOXABL is prioritizing partnerships across four categories:

Companies — Manufacturers, installers, dealers, lenders, haulers, and suppliers of any size.Land — Raw, entitled, infill, or acreage parcels.Talent — Operators with experience building, moving, selling, and financing housing. The Company describes talent acquisition as “the real reason we do deals,” noting that this kind of operating experience cannot be bought off a shelf.Inventions — Patents, prototypes, tooling, manufacturing processes, and software that address any piece of the affordable-housing problem, from faster panel systems to cheaper connections to better factory-line design.

Where BOXABL Is Looking

The Company identified specific areas where it is seeking partners, including factories and fabrication facilities, developers and landholders, installation and site-work contractors, transport and logistics operators, lending and finance providers designed for factory-built housing, sales and dealer networks, automation and software providers, and materials and systems suppliers. BOXABL also said it welcomes pitches for ideas, patents, or businesses that fall outside these categories but that could still make housing more affordable.

Flexible Deal Structures

BOXABL said all transactions considered under the program will be evaluated individually, with flexible structures that may include cash, stock, or a combination of both, depending on the requirements of a specific transaction. The Company is directing interested parties — including companies, landholders, operators, and inventors — to submit expressions of interest through its website or by phone. BOXABL noted that any submission is non-binding and creates no offer, agreement, or obligation on the part of either party, and that any transaction would be subject to due diligence, definitive documentation, and applicable approvals.

Interested parties can submit an expression of interest by filling out the form at www.boxabl.com/mergers#interest.

About BOXABL

Since its inception in 2017, BOXABL has raised over $230 million from more than 50,000 investors. The North Las Vegas-based company is dedicated to transforming the housing industry through innovative technology and design, with a mission of making housing affordable at mass-production scale. BOXABL’s flagship product, the Casita, is a 361-square-foot studio unit with a full kitchen, bathroom and utilities that unfolds on-site in under an hour. The Company also offers the smaller 120-square-foot Baby Box and is developing stackable and connectable modules designed to form townhomes, multifamily units, and larger single-family homes. BOXABL began trading on the Nasdaq Stock Market under the ticker symbol “BXBL” on July 20, 2026, following the completion of its business combination with FG Merger II Corp.

Forward-Looking Statements

This communication includes “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements may be identified by the use of words such as “plan,” “project,” “will,” “estimate,” “intend,” “expect,” “believe,” “target,” “continue,” “could,” “may,” “might,” “possible,” “potential,” “predict” or similar expressions that predict or indicate future events or trends or that are not statements of historical matters. We have based these forward-looking statements on current expectations and projections about future events. These statements include: projections of market opportunity and market share; estimates of customer adoption rates and usage patterns; projections of development and commercialization costs and timelines; expectations regarding BOXABL’s ability to execute its business model and the expected financial benefits of such model; expectations regarding BOXABL’s ability to attract, retain, and expand its customer base; BOXABL’s deployment of Casita; BOXABL’s expectations concerning relationships with strategic partners, suppliers, governments, regulatory bodies and other third parties; future ventures or investments in companies, products, services, or technologies; development of favorable regulations and government incentives affecting BOXABL’s markets; the potential benefits of any proposed transaction and expectations related to its terms and timing; and the potential for BOXABL to increase in value.

These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions, many of which are beyond the control of BOXABL.

In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this communication, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/boxabl-inc-opens-the-door-to-mergers-acquisitions-and-partnerships-across-the-housing-industry-302850458.html

SOURCE Boxabl

Continue Reading

Technology

HEART AEROSPACE COMPLETES FIRST FLIGHT OF WORLD’S LARGEST ELECTRIC AIRCRAFT

Published

on

By

Heart X1 becomes the largest battery-electric aircraft ever flown, with a 106-foot wingspan and takeoff weight exceeding 25,000 pounds.

Piloted first flight used approximately $5 worth of electricity, highlighting electric aviation’s potential to deliver structurally lower commercial aircraft operating costs.

Flight demonstrates electric aviation at the scale of a commercial airliner, marking a major step toward bringing electric aircraft into everyday airline service.

Milestone advances development of Heart’s ES-30, a 30-seat hybrid-electric regional airliner targeted for 2031 entry into service, with commitments from United Airlines, Air Canada, and JSX.

PLATTSBURGH, N.Y. and LOS ANGELES, Aug. 13, 2026 /PRNewswire/ — Heart Aerospace today announced the successful first flight of the company’s X1 demonstrator aircraft. Spanning 106 feet, measuring 76 feet nose to tail, and weighing more than 25,000 pounds at takeoff, X1 is the largest battery-electric aircraft ever flown.

Heart Aerospace’s X1 becomes world’s largest electric aircraft ever flown—an airliner-scale flight using $5 electricity.

The flight took place on Wednesday, August 12th, 2026, at Heart’s X1 flight-test base at Plattsburgh International Airport, a regional commercial airport serving a community of 20,000 people in upstate New York. The piloted mission lasted 27 minutes, during which X1 reached an altitude of 1,100 feet AGL and its all-electric propulsion system delivered more than one megawatt of power.

The flight was conducted under an FAA Special Airworthiness Certificate in the Experimental Category (SAC-EC), with a test profile that included taxi, takeoff, climb, maneuvering, and landing. The mission was designed to demonstrate all-electric flight at a scale relevant to commercial airline operations.

Powered entirely by batteries, X1 used approximately $5 worth of electricity during its first flight. The flight came amid a sustained surge in global jet fuel prices, which averaged $3.50 per gallon for the week ending August 7, up 63% year over year, highlighting the potential for electric propulsion to deliver structurally lower aircraft operating costs while decoupling airlines from the volatility of global oil markets.

“With the first flight of X1, Heart Aerospace has demonstrated electric flight at the scale of a commercial airliner,” said Anders Forslund, Founder and CEO of Heart Aerospace. “Electric commercial aircraft have the potential to fundamentally reshape airline economics and, ultimately, lower the cost of air travel for passengers. This is at the heart of our vision for abundant air travel, with electrification enabling more affordable, frequent, and cleaner air service to and from airports closer to home.”

X1 is a full-scale demonstrator representative of Heart’s ES-30 production aircraft, designed to validate key technologies, aerodynamics and flight performance, and Heart’s organizational capabilities. The ES-30 is a conventional fixed-wing, 30-seat hybrid-electric regional airliner being developed for FAA Part 25 certification. It has attracted customer commitments from major air carriers including United Airlines, Air Canada, and JSX.

“The first flight of X1 is a major technical achievement for Heart Aerospace, a company United has been proud to support,” said Michael Leskinen, Chief Financial Officer of United Airlines. “Electric commercial aircraft have real potential to deliver a better travel experience for passengers while strengthening our business, and we look forward to Heart’s continued development of the ES-30 and its potential future role in United’s network.”

“The energy transition for aviation will require a range of solutions, from operational efficiencies to sustainable aviation fuels, and ultimately the development of new aircraft technologies,” said John Di Bert, Executive Vice President and Chief Financial Officer of Air Canada. “Our investment in Heart Aerospace and the ES-30 reflects Air Canada’s commitment to supporting innovative technologies that have the potential to transform aviation. X1’s first flight is an important milestone in that journey, and we look forward to continuing to work with Heart Aerospace as the ES-30 program progresses and plays its part in the future of regional aviation.”

With entry into service targeted for 2031, Heart expects the ES-30 to reduce aircraft operating costs by more than 40% compared with legacy regional aircraft. This reduction is driven by lower energy costs, reduced maintenance requirements from simplified electric propulsion and electrified flight systems, and greater aircraft uptime and reliability enabled by an integrated electronics and software architecture.

Heart foresees this cost advantage widening over time through advances in battery technology, technology-enabled gains in crew efficiency, and the ES-30’s low exposure to a growing range of emissions-related aviation taxes and fees worldwide.

“Through the X1 program, Heart has built the capability to design, build, test, operate, and continuously improve a clean-sheet electric commercial aircraft,” said Ben Stabler, Chief Technology Officer. “We are carrying that full-stack capability directly into the ES-30, our first production aircraft and the foundation of a broader technology platform for electric airliners.”

Heart is currently developing the first pre-production ES-30 at its pilot manufacturing plant in Los Angeles, with flight testing scheduled to begin in 2028.

The full X1 media kit, including high-resolution photos and video, is available at https://www.heartaerospace.com/x1.

About Heart Aerospace

Heart Aerospace is a Los Angeles-based electric aircraft manufacturer on a mission to lower the cost of air travel. In August 2026, Heart flew the company’s X1 demonstrator, the world’s largest battery-electric aircraft, advancing electric flight into the airliner category. The company’s first production aircraft, the Heart ES-30, is a clean-sheet, 30-seat hybrid-electric regional aircraft designed to bring cost-efficient electric flight into everyday airline service. Backed by $9.4 billion in customer commitments from leading carriers including United Airlines and Air Canada, Heart is advancing technologies to make electric aviation work at commercial scale. Learn more about Heart and its vision for abundant, affordable air travel at www.heartaerospace.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/heart-aerospace-completes-first-flight-of-worlds-largest-electric-aircraft-302850323.html

SOURCE Heart Aerospace

Continue Reading

Trending