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FinChain and KuCoin Enter into Partnership

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FUSD Integrated as Collateral Asset into KuCoin RWA Collateral Mirroring Solution (RCMS), Unlocking the Application Value of Yield‑Bearing RWA Digital Assets in Offshore Trading and Capital Efficiency Management

HONG KONG, Aug. 31, 2026 /PRNewswire/ — FinChain announces a partnership with global digital‑asset platform KuCoin. Technical integration has been completed for custodianship and collateral‑value mirroring of FUSD. The yield‑bearing FUSD is now onboarded into KuCoin’s RWA Collateral Mirroring Solution (RCMS). Subject to platform rules, user eligibility and applicable laws and regulations, qualified offshore institutional users may have the collateral value of FUSD mirrored onto their relevant KuCoin trading accounts while FUSD remains held within designated custodian frameworks, supporting strategy execution and position management via mirrored trading.

This partnership extends FUSD’s use cases from asset holding and allocation to trading‑collateral scenarios. Its core value lies in connecting the underlying asset backing of FUSD with the platform’s collateral‑management capabilities. Without requiring the prior disposal of FUSD, eligible users may leverage its collateral value per platform mechanisms. RCMS links the custodial arrangements for RWA assets with KuCoin’s collateral management, risk‑control and trade‑execution capabilities. To the extent permitted under platform rules, FUSD retains its yield‑bearing properties, enabling more flexible capital arrangements balancing asset returns and trading liquidity.

FUSD as a Key Collateral Asset for RCMS

RCMS is an off‑exchange collateral‑infrastructure solution built for institutional clients. Its core function is to mirror the collateral value of eligible RWA assets held within designated custodian systems onto qualified trading accounts. Under this partnership, FUSD is not an ancillary settlement option but a significant asset combining yield‑bearing attributes and collateral utility. Through custodianship and mirroring mechanisms, FUSD’s collateral value is incorporated into the platform’s risk‑management and position‑management workflows to serve real‑world strategic‑trading scenarios.

Asset Backing and Yield‑Bearing Attributes: FUSD is backed by high‑quality real‑world assets including money‑market funds and high‑credit‑rating government bonds, with well‑defined asset underpinnings and revenue streams.Collateral Usability: FUSD remains within designated custodian frameworks. Its assessed eligible collateral value may be mirrored to relevant trading accounts pursuant to RCMS mechanisms to deliver available collateral value for qualified strategy execution and position management.Capital Efficiency: To the extent permitted by platform rules, the same unit of FUSD can simultaneously deliver yield‑generation and collateral utility, helping reconcile demands for asset returns and trading liquidity and enhancing institutional capital‑utilization flexibility.

Chen Zhao, CEO of FinChain, said:

“We focus not merely on whether FUSD can be held, but whether it can be utilized within real‑world trading infrastructure. Acting as collateral within RCMS enables FUSD to convert its underlying asset backing into usable collateral value while preserving yield‑bearing performance. This facilitates more agile capital management for institutions across asset allocation, liquidity and strategy execution. Our collaboration with KuCoin marks a pivotal step for FUSD moving from asset issuance toward scenario‑based application.”

Partnership Primarily Targets Offshore Scenarios

Product onboarding and business roll‑out under this partnership are principally oriented toward offshore markets and qualified users permitted under applicable laws and regulations. www.kucoin.com is not a virtual‑asset trading platform licensed by the Securities and Futures Commission of Hong Kong. This partnership does not involve www.kucoin.com offering platform‑related trading services to the Hong‑Kong public. Product availability, user eligibility and scope of support across jurisdictions shall be determined by KuCoin in accordance with local regulations and platform policies.

Tika LUM, Head of Global Business Development – VIP & Institutional Business of KuCoin, said:

“For tokenized assets to become an integral component of market infrastructure, issuance and holding alone are insufficient; they must be securely callable within prudent risk frameworks. By admitting FUSD into its roster of RCMS‑eligible assets, KuCoin further connects RWA custodianship, collateral management, liquidity and trade execution, empowering institutions to deploy capital more efficiently while preserving their asset‑holding arrangements. Grounded in trust, security and compliance, we will continue collaborating with partners to build institutional‑grade infrastructure bridging traditional‑financial assets and digital‑asset markets.”

From Asset Holding to Scenario‑Driven Utilization

Compared with mere subscription and holding of RWA products, incorporating FUSD into the RCMS collateral system transforms it further into a collateral asset callable by trading infrastructure. This arrangement interlinks underlying‑asset backing, tokenization technology, custodian interfacing, collateral administration and strategic trading, deepening FUSD’s application footprint within the offshore digital‑asset ecosystem. Moving forward, both parties will continue advancing cooperation covering collateral valuation, custodian integration, risk‑parameter calibration and offshore‑market expansion.

About FinChain

FinChain is a Web3 brand incubated by Fosun Wealth Holdings. It positions itself as a global physical‑financial blockchain network and financial‑infrastructure platform supporting real‑world‑asset on‑chain circulation. Centering on on‑chain identity, RWA technology, asset issuance and on‑chain‑liquidity management, FinChain connects traditional‑financial assets with digital‑asset‑use cases and keeps expanding institutional adoption and ecosystem partnerships for FUSD. For more information: www.finchain.global

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust and security, serving over 45 million users across 200+ countries and regions. Known for its reliability and user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019 and ISO/IEC 42001:2023 certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.

Learn more at: www.kucoin.com.

Important Notice

Availability of the cooperation and related products or services described herein is subject to applicable laws and regulations, platform rules and user eligibility. RCMS and the use of FUSD as collateral entail market, liquidity, technical, counterparty and settlement risks. The specific yield mechanism and return performance of FUSD are subject to applicable product terms and the actual performance of underlying assets. Its designation as collateral does not constitute principal‑ or‑return guarantees and does not rule out margin‑call, position‑cut or liquidation risks. This release does not constitute investment advice, an offer or solicitation. www.kucoin.com is not a virtual‑asset‑trading platform licensed by the Securities and Futures Commission of Hong Kong, and this cooperation targets primarily offshore scenarios; no KuCoin digital‑asset‑trading‑platform‑related services are offered to the Hong‑Kong public.

View original content:https://www.prnewswire.com/apac/news-releases/finchain-and-kucoin-enter-into-partnership-302864812.html

SOURCE Finchain Holdings (Cayman) Limited

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Veterans Guardian Receives 2026 Gold HIRE Vets Medallion Award

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PINEHURST, N.C., Nov. 12, 2026 /PRNewswire/ — Veterans Guardian VA Claim Consulting is honored to announce that the U.S. Department of Labor has awarded us the 2026 Gold HIRE Vets Medallion Award. This distinction celebrates our demonstration of patriotism, and our recognition of the immense value veterans bring to the workplace. The HIRE Vets Medallion Award is the only federal award that honors organizations for their outstanding commitment to recruiting, employing, and supporting America’s veterans.

Veterans Guardian has proudly earned the HIRE Vets Medallion Award every year since 2019. The Gold HIRE Vets Medallion is awarded to companies that not only hire veterans but also actively support a workplace that honors their service, supports their career development, and appreciates the strength and leadership veterans offer. We remain committed to creating an inclusive, empowering environment where veterans’ patriotism, experience, and contributions are acknowledged and honored.

“Receiving the 2026 Gold HIRE Vets Medallion Award is a tremendous honor and a reflection of our firm commitment to those who have served our nation,” said Scott Greenblatt, LTC (RET), US Army, CEO and Founder of Veterans Guardian VA Claim Consulting. “Our veterans have dedicated themselves to protecting our freedoms, and we believe that dedication deserves to be met with meaningful opportunities, continued support, and a workplace where their service and sacrifices are truly valued. Since 2019, we’ve remained committed to empowering veterans as they transition into civilian careers, recognizing the extraordinary leadership, resilience, and experience they bring to our organization. Supporting veterans isn’t simply part of what we do—it’s the foundation of who we are and the mission that guides us forward every day.”

Veterans Guardian’s dedication to veterans goes beyond employment. Through its mission of helping veterans navigate the VA disability claims process and pursue the benefits they have earned, the company continues advocating for those who have served. This acknowledgment reflects Veterans Guardian’s commitment to creating meaningful career opportunities while fostering a workplace where veterans can thrive, contribute, and build successful futures beyond military service.

“Our veterans possess a unique strength, resilience, and skill set that greatly improves our workforce,” Greenblatt added. “Our mission and values drive our commitment to hiring and supporting veterans, and it’s gratifying to recognize the positive impact we’ve made on their lives, as well as the impact they continue to make within our organization.”

The HIRE Vets Medallion Award recognizes organizations nationwide that show outstanding commitment to veteran employment and professional development. Veterans Guardian VA Claim Consulting is deeply honored to be named a 2026 Gold Medallion recipient, reaffirming our ongoing pledge to honor, support, and encourage those who have bravely served our nation.

About Veterans Guardian VA Claim Consulting
Veterans Guardian VA Claim Consulting is a leader in assisting veterans with VA claims, providing expertise and dedicated support to help veterans secure the benefits they deserve. Founded by Scott Greenblatt, Veterans Guardian is deeply committed to supporting the veteran community through advocacy, employment, and outreach. Learn more about Veterans Guardian at vetsguardian.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/veterans-guardian-receives-2026-gold-hire-vets-medallion-award-302938288.html

SOURCE Veterans Guardian

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HitPaw Black Friday 2026: Save Up to 60% on AI Creative Tools

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NEW YORK, Nov 12, 2026 /PRNewswire/ — HitPaw, an AI-powered multimedia platform specializing in video, image, and audio enhancement, generation, and editing solutions, today announced its 2026 Black Friday Mega Deal. Running from November 10 to December 7, the campaign offers savings of up to 60% OFF on a wide range of AI-powered creative tools, giving creators, businesses, and everyday users an opportunity to upgrade their creative workflows at exceptional prices.

Explore HitPaw’s AI Creative Tools

HitPaw offers specialized AI solutions for multimedia enhancement, generation, and editing, covering a wide range of creative needs:

HitPaw VikPea (AI Video Enhancer): Upscale videos to 4K, restores damaged footage, and enhances clarity, details, and colors by reducing blur and noise.HitPaw FotorPea (AI Photo Enhancer & Generator): Enhance image quality, restore old photographs, sharpen portraits, remove unwanted objects, and create AI-generated artwork.HitPaw Edimakor (AI Video Generator & Editor): Combines AI video generation with video editing capabilities, helping users create and edit engaging videos more efficiently.HitPaw VoicePea (AI Voice Changer): Transform voices in real time with realistic AI voice effects for streaming, gaming, content creation, and online communication.HitPaw Univd (AI Video Converter & Compressor): Convert and compress videos without sacrificing quality for seamless sharing across devices and platforms.HitPaw Watermark Remover (AI Watermark & Object Remover): Remove unwanted watermarks, objects, and distractions from photos and videos with ease.

From restoring cherished memories and producing social media content to creating product visuals and promotional videos for e-commerce, HitPaw’s tools support a variety of creative needs.

Unlock Exclusive Black Friday Discounts

During the Black Friday Mega Deal, customers can enjoy special discounts across HitPaw’s product lineup:

60% OFF 5-in-1 Ultimate Bundle: Get VikPea, FotorPea, Edimakor, Univd, and Watermark Remover in one package. Ideal for creators seeking an all-in-one toolkit for AI creation, video and image enhancement, editing, and file management.50% OFF 2-in-1 Bundles: Choose from two combinations: VikPea + FotorPea or VikPea + Edimakor. The first pairs video and photo enhancement, while the second offers a one-stop workflow for AI video creation and enhancement.40% OFF Individual Products: Save 40% OFF on HitPaw VikPea and HitPaw FotorPea, ideal for users focused on improving video and image quality.30% OFF Individual Products: Get 30% OFF on HitPaw Edimakor, HitPaw VoicePea, HitPaw Univd, and HitPaw Watermark Remover, catering to video creators and users looking for flexible editing and media utilities.20% OFF HitPaw Online AI Credits: Save on AI credits for browser-based tools, including video enhancement, AI image generation, photo restoration and more. A convenient option for users who prefer online creative tools without installing software.

How to Get HitPaw Black Friday Deals

HitPaw’s 2026 Black Friday Mega Deal runs from November 10 through December 7, 2026. Customers can visit the official campaign page to explore participating products, compare available plans, and claim discounts of up to 60% OFF.

For more information checking, you may visit: HitPaw Black Friday 2026: Save Up to 60% OFF, Best Deals

ABOUT HITPAW

HitPaw is a leading AI-powered multimedia platform offering video, image, and audio generation, enhancement, and editing tools. It helps millions of creators worldwide easily produce high-quality content, from transforming media to creating new visual and audio works. Learn more at: [OFFICIAL] HitPaw – AI Video, Photo & Audio Enhancer Solutions

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This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hitpaw-black-friday-2026-save-up-to-60-on-ai-creative-tools-302938195.html

SOURCE HitPaw. Co., Ltd

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California Supreme Court to Decide Whether Insurers Can Hide Illegal Overcharges Behind Approved Rates, Says Consumer Watchdog

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Ruling Will Impact Millions of State Consumers

LOS ANGELES, Nov. 12, 2026 /PRNewswire/ — The California Supreme Court will decide whether consumers can sue insurance companies for overcharges that are illegal under Proposition 103, the insurance reform enacted by the voters 38 years ago.

The case before the court concerns a class action lawsuit brought by enlisted policyholders who are good drivers. They allege that USAA, a military insurer, charged them a higher price for auto insurance than it charged officers. Proposition 103 mandates a 20% Good Driver Discount for qualified drivers and state law requires an insurance company to offer good drivers the lowest rate available, regardless of military rank.

Proposition 103 authorizes consumers to challenge violations like that in court. However, some courts have ruled that those lawsuits cannot be brought if the insurance company can argue that the Insurance Commissioner approved the rates being charged.

About 200,000 enlisted USAA customers were overcharged. However, the Supreme Court’s decision will ultimately affect millions of Californians who buy insurance for their autos, homes and businesses.

Ninth Circuit Asks California Supreme Court to Address Pocketbook Issues

The case began in federal court in San Diego, the home of many people in military service. The United States District Court for the Southern District of California ruled that after the passage of Proposition 103, the California legislature passed a bill exempting companies that only insured military personnel from the application of Proposition 103’s protections for good drivers. The plaintiffs appealed to the Ninth Circuit, pointing out that under California’s Constitution the Legislature cannot undermine laws passed by the voters through a ballot initiative.

Before the 9th Circuit, USAA made a second argument, which had been rejected by the District Court: that other state insurance laws shield insurance companies from consumer lawsuits seeking refunds, notwithstanding Proposition 103. Plaintiffs noted that Proposition 103 specifically authorizes lawsuits under the state’s consumer protection laws.

Noting that California courts have adopted conflicting interpretations of Proposition 103, the Ninth Circuit of the United States Court of Appeal then asked California’s Supreme Court to decide these issues of state law.

Representing the enlisted military in the litigation are Consumer Watchdog, the California based non-profit that defends and enforces Proposition 103; Mehri & Skalet, a Washington, D.C.-based law firm specializing in class actions and complex litigation; Mason & Perry LLP, a class action and complex litigation firm also based in D.C., Matthew Seligman, of Grayhawk Law, [more], is leading the plaintiffs’ team before the Supreme Court.

The case is Coleman v. United Services Automobile Association, No. S298496. Review the complaint in the lawsuit. The Ninth Circuit’s certification to the California Supreme Court is available here. (Coleman v. United Services Automobile Ass’n, No. 25-793, slip op. at 3–15 (9th Cir. Sept. 10, 2026)).

Consumer Watchdog is a nonprofit, nonpartisan organization that advocates for taxpayer and consumer interests, with a particular focus on insurance, health care, privacy, energy, and corporate accountability. Consumer Watchdog represents consumers in proceedings enforcing Proposition 103’s protections.

View original content to download multimedia:https://www.prnewswire.com/news-releases/california-supreme-court-to-decide-whether-insurers-can-hide-illegal-overcharges-behind-approved-rates-says-consumer-watchdog-302938290.html

SOURCE Consumer Watchdog

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