Connect with us

Technology

KuCoin Partners with FinChain to Integrate FUSD into Its RWA Collateral Mirroring Solution

Published

on

PROVIDENCIALES, Turks and Caicos Islands, Aug. 31, 2026 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange built on trust, today announced a partnership with FinChain to integrate FUSD into KuCoin’s RWA Collateral Mirroring Solution (RCMS). Through RCMS, yield-bearing FUSD can be connected through custody and mapped as collateral value, adding it to the list of assets supported as RCMS collateral.

Through this partnership, FUSD does not need to be sold beforehand or transferred directly to KuCoin. Its eligible collateral value, assessed within the designated custody framework, can be mapped to relevant KuCoin trading accounts in accordance with platform rules. Eligible institutional users can therefore keep their existing custody and yield arrangements, while using KuCoin’s liquidity, trade execution, risk controls and position management capabilities to deploy capital more efficiently.

KuCoin Bridges RWA Assets and Trading Liquidity via RCMS

RCMS is KuCoin’s off-exchange collateral infrastructure for institutional clients, designed to connect eligible RWA assets held in custody with trading accounts. Through RCMS, KuCoin incorporates mapped collateral value into the platform’s collateral management, risk control, and position management processes, enabling custodied assets to support live trading activity in accordance with applicable rules.

RCMS is therefore more than a technical mechanism for mapping collateral value. It connects asset custody, collateral management, platform liquidity and trade execution within an integrated framework. Institutions can access trading and liquidity more flexibly, without frequently transferring or selling assets.

FUSD is backed by real-world assets such as money market funds and highly rated government bonds. Subject to platform rules, it can serve as both a yield-bearing asset and trading collateral, helping institutions reduce the trade-off between earning yield and accessing trading liquidity.

For KuCoin, the partnership expands the yield-bearing RWA assets supported by RCMS and further strengthens its role as both a trading platform and a provider of institutional market infrastructure. FinChain provides FUSD and its underlying asset backing. KuCoin, through RCMS, platform liquidity, trade execution, and risk management, makes eligible collateral value available for use in trading accounts. Together, the two sides create a complete process from RWA holding and custody to collateralization and trading.

Tika Lum, Head of Global Business Development – VIP & Institutional Business at KuCoin, said:
“For tokenized assets to become an integral component of market infrastructure, issuance and holding alone are insufficient; they must be used safely within prudent risk management frameworks. By adding FUSD to its range of RCMS-eligible collateral 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.”

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.”

Compared with RWA products intended primarily for subscription and holding, FUSD, following its integration into RCMS, can also serve as eligible collateral within KuCoin’s trading infrastructure. This arrangement links underlying asset backing, tokenization, custody connectivity, collateral management, risk control, platform liquidity and trade execution, further expanding FUSD’s use in offshore digital asset markets. Going forward, the two parties will continue to work together on collateral eligibility assessment, custody connectivity, risk parameters, and offshore market expansion.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform with more than 45 million users across 200+ countries and regions. The platform offers trading in 1,500+ digital assets, along with spot, futures, institutional wealth management and Web3 wallet services, and has been recognized by authorities including Forbes and Hurun. KuCoin has obtained SOC 2 Type II, ISO/IEC 27001:2022, ISO/IEC 27701:2019, ISO 22301:2019 and ISO/IEC 42001:2023 certifications, continuing to strengthen its security and privacy capabilities. Supported by its AUSTRAC registration in Australia and MiCA license in Austria, and under the leadership of CEO BC Wong, KuCoin continues to advance global compliance and innovation.

Learn more at www.kucoin.com.

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

Disclaimer

This article is for corporate PR purposes only. It does not constitute an offer, invitation, solicitation, recommendation or promotion of any virtual asset products or services in Hong Kong, nor does it constitute investment advice.

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/kucoin-partners-with-finchain-to-integrate-fusd-into-its-rwa-collateral-mirroring-solution-302864786.html

Continue Reading

Technology

SparkLabs and Mirae Asset Launch a Venture Capital Fund for Central Asian Startups

Published

on

By

SEOUL, South Korea, Sept. 20, 2026 /PRNewswire/ — Qazaqstan Investment Corporation (QIC), IT Park Ventures (Uzbekistan), Mirae Asset Venture Investment and SparkLabs Group have signed a term sheet to establish SparkLabs Mirae Silk Road Fund I LP, a new venture capital fund. The fund will be managed by Mirae Asset Venture Investment and SparkLabs Group.

The signing took place in Seoul during the state visits of the Presidents of Kazakhstan and Uzbekistan to Korea and the first Central Asia–Republic of Korea Summit.

During this past week, South Korea and Kazakhstan signed commercial agreements worth US$18.95 billion. Kazakhstan is a country of 20 million people with its core industries being oil and gas, and among the highest producers of iron and silver in the world. Uzbekistan is a country of 39 million people, and they are the largest electricity producer in Central Asia.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and are anchor investors along with IT Park Ventures, the venture capital arm of the country’s state technology park. The new venture capital fund will back Central Asian startups at the Series A and later, which are businesses with a proven model that are ready to scale beyond the region. The fund is sector-agnostic but focuses on AI-native companies, where artificial intelligence is core to the product and business model.

“Higgsfield becoming Kazakhstan’s first unicorn was a turning point. It showed that a world-class AI company can be built in Central Asia. And it won’t be the last with more than half of the region’s population is under 30, growing up digital and our governments actively investing in AI. Yet the region is still largely overlooked by international investors, and that’s the opportunity this fund is built for,” explained Aslan Sultanov, Co-founder and General Partner at SparkLabs Mirae Silk Road.

Former Coinbase CTO and Partner at Andreessen Horowitz, Balaji Srinivasan, reopened his Network School in Kazakhstan last month. Telegram launched an AI lab and opened their first regional office in Kazakhstan this past year.

Beyond capital, portfolio companies will gain access to the SparkLabs and Mirae Asset’s global networks, along with hands-on support in expanding into South Korea, the United States and the MENA region.

About the Partners

SparkLabs Group is a network of startup accelerators and venture capital funds that has invested in over 600 startups across 6 continents since December 2013. These companies include OpenAI, SpaceX, Vectara, Kneron, Anthropic, Nex Team, Kraken, GenG, Lyft, MetAI, and others.

Mirae Asset Venture Investment is the venture capital arm of Mirae Asset Financial Group, one of Asia’s largest independent financial groups with over US$845 billion in assets under management. The company operates worldwide across 18 markets, and manages a fully diversified global investment platform encompassing ETFs, alternative investments, and traditional strategies.

Qazaqstan Investment Corporation (QIC) is Kazakhstan’s national fund of funds and part of Baiterek National Managing Holding. QIC invests in private equity and venture capital funds alongside international and private partners, with the goal of attracting long-term capital into Kazakhstan and developing the country’s investment ecosystem. QIC participates in 19 funds with a combined capitalization of $2.8 billion.

IT Park Ventures is the venture capital arm of IT Park Uzbekistan, the country’s state technology park and the main platform supporting Uzbekistan’s IT industry and tech exports. IT Park Ventures invests in startups from Uzbekistan and Central Asia and co-invests with international funds, connecting regional founders with global capital and markets.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sparklabs-and-mirae-asset-launch-a-venture-capital-fund-for-central-asian-startups-302883810.html

SOURCE SparkLabs Group

Continue Reading

Technology

AECOM Data Breach Investigation: Edelson Lechtzin LLP Probes Class Action Claims After Hackers Allege Theft of More Than 1 TB of Data

Published

on

By

National class action law firm offers free, confidential case evaluations to AECOM employees, clients, and others whose personal information may have been exposed in the reported AECOM data breach.

DALLAS, Sept. 20, 2026 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating data privacy claims arising from a reported data breach at AECOM, the U.S.-based multinational infrastructure and engineering firm. Anyone who has received a data breach notice from AECOM, or who believes their personal information may have been exposed, can request a free case evaluation.

AECOM data breach — at a glance:

Company: AECOM, a Texas-based, multibillion-dollar multinational infrastructure consulting, engineering, design, and construction management firm.Reported: A cyberattack said to have occurred on or about September 17, 2026, first surfaced on dark web monitoring sites.Hackers’ claims: The group Metaencryptor claimed responsibility for an attack said to involve approximately 1.22 terabytes (TB) of data. Separately, dark web monitoring service Breachsense listed a related AECOM leak of roughly 670GB attributed to a group identified as BrainCipher.Status: The breach and the hackers’ claims remain unconfirmed. AECOM has not publicly detailed the scope or impact.Who may be affected: Current and former AECOM employees, clients, and others whose data AECOM held.Cost to you: Nothing. Case evaluations are free and confidential.

What Happened

According to a September 17, 2026 post on the dark web monitoring site Ransomware.live, the hacker group Metaencryptor claimed responsibility for a cyberattack on AECOM that allegedly affected about 1.22 TB of data. The cybersecurity blog HookPhish similarly reported that Metaencryptor was behind a suspected attack on the engineering firm.

Separately, the dark web monitoring service Breachsense reported an AECOM data leak listed at approximately 670GB, attributed to a group it identified as BrainCipher. Breachsense also indexed thousands of AECOM-linked credentials circulating online, including 27,434 @aecom.com accounts drawn from external breaches and 6,077 credentials tied to aecom.com itself — among them thousands of logins found in “combo lists” and in infostealer malware logs, many with plaintext passwords. Breachsense cautioned that those credentials may belong to either customers or staff and are not necessarily connected to the claimed attack.

The breach has not been confirmed, and important details (including its true scope, the specific data involved, and the number of people affected) are not yet publicly available.

What Personal Information May Be at Risk

The specific data involved in the reported AECOM data breach has not been confirmed. Data breaches like this can expose personal information, increasing the risk of identity theft and fraud. Affected individuals should treat any AECOM breach notification seriously.

Who May Be Affected by the AECOM Data Breach

The investigation focuses on current and former AECOM employees, clients, and anyone else whose personal information AECOM maintained. Anyone who has received a data breach notification from AECOM may face an increased risk of identity theft and fraud and is encouraged to come forward.

Your Legal Options

Edelson Lechtzin LLP is investigating a potential class action to pursue legal remedies on behalf of individuals whose sensitive personal data may have been compromised in the reported AECOM breach. A successful case could recover compensation for losses such as lost time, out-of-pocket costs, and loss of privacy, and could push AECOM to strengthen how it protects personal information. The firm will evaluate your rights and potential claims at no cost.

Recommended Steps to Protect Yourself

Review your account statements and credit reports regularly and stay alert for suspicious activity.Confirm whether your information was involved in the AECOM incident.Preserve any letters or emails you received about the breach.Consider placing fraud alerts and enrolling in credit monitoring.

Contact Us for a Free Case Evaluation

Speak confidentially with a data privacy attorney today: Marc Edelson, Esq., Edelson Lechtzin LLP, 411 S. State Street, Suite N-300, Newtown, PA 18940; Phone: 844-696-7492; Email: medelson@edelson-law.com; Web: www.edelson-law.com. Or click HERE to request a free consultation.

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to data breach litigation, the firm handles class and collective actions involving securities and investment fraud, federal antitrust violations, ERISA employee benefit plans, wage theft, and consumer fraud.

Media and Partnership Inquiries: Use the contact information above to connect with our team regarding interviews, co-counsel opportunities, and referral partnerships.

Legal Notice: This press release may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee a similar outcome. The reported data breach and the hackers’ claims described above are unconfirmed.

View original content to download multimedia:https://www.prnewswire.com/news-releases/aecom-data-breach-investigation-edelson-lechtzin-llp-probes-class-action-claims-after-hackers-allege-theft-of-more-than-1-tb-of-data-302884076.html

SOURCE Edelson Lechtzin LLP

Continue Reading

Technology

iScreen Reaches No. 1 in Graphics & Design Across 94 Markets Following iOS 27 Update

Published

on

By

Extra-large widget experiences, iOS 27-inspired themes and new customization tools drive iScreen’s latest global growth

LOS ANGELES, Sept. 20, 2026 /PRNewswire/ — iScreen, a mobile customization app for iOS and Android, announced that it has reached No. 1 in the Graphics & Design category across 94 countries and regions following its latest iOS 27-focused update.

The update expands iScreen’s Home Screen customization experience with new extra-large widgets, iOS 27-inspired themes, layouts optimized for new screen proportions, and AI-assisted design tools.

Extra-Large Widgets

Built for the larger widget canvas available in iOS 27, iScreen’s new extra-large widgets go beyond simply scaling up existing formats. The collection includes Photo, Album, Music, Calendar, Interactive Refrigerator and Quick Launch widgets, among others. Users can also customize content, layouts and visual styles to create more functional and expressive Home Screen experiences.

iOS 27-Inspired Themes and iPhone Duo Theme Support

iScreen has introduced new iOS 27-inspired themes that combine coordinated wallpapers, transparent-style widgets, icons and other visual elements into complete Home Screen setups.

Selected themes have also been optimized for iPhone Duo’s screen proportions and display dimensions, with wallpapers, widgets and icons adjusted to better fit the new format while maintaining a cohesive visual experience.

AI-Assisted Home Screen Design

iScreen is also testing AI Home Screen Designer with a limited group of users. The feature generates coordinated design suggestions based on users’ preferences for style, color and visual elements, combining wallpapers, widgets and icons into a unified setup.

“The latest iOS update has opened up new possibilities for mobile personalization,” said the iScreen team. “We want to turn those capabilities into practical and creative experiences that make Home Screen design easier and more expressive.”

About iScreen

iScreen is a mobile customization app offering widgets, wallpapers, themes and Home Screen customization tools for iOS and Android devices. With more than 100 million users worldwide, iScreen has ranked No. 1 in Graphics & Design across 94 countries and regions and has been featured by Apple Editorial in 128 countries for five consecutive days.

Official Website: iScreen – Phone Style, iScreen it!
iOS Download: ‎‎iScreen – Widgets & Wallpaper App – App Store
Android Download: iScreen Google Play

View original content:https://www.prnewswire.co.uk/news-releases/iscreen-reaches-no-1-in-graphics–design-across-94-markets-following-ios-27-update-302883972.html

Continue Reading

Trending