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Lotus Tech to Join WasabiCard’s TOKEN2049 Singapore Side Event, Spotlighting Real-World Stablecoin Applications

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SINGAPORE, Oct. 5, 2026 /PRNewswire/ — WasabiCard, a stablecoin-powered global payment infrastructure platform, announced that it will host its TOKEN2049 Singapore Side Event, “STABLECOIN & PAYMENTS: FUNDS FLOW,” on October 6 at Raffles Singapore.

Lotus Technology Inc. (Nasdaq: LOT) (“Lotus Tech”), a leading global intelligent and luxury mobility provider under globally renowned automotive brand Lotus, has confirmed its participation in the event. Dr. Daxue Wang, Chief Financial Officer of Lotus Tech, will join a featured panel discussion alongside senior representatives from Visa, Circle, Nium, Plume, Safeheron, OSL, WIDTH, AWS and other leading organizations across traditional finance, stablecoins and technology, exploring how stablecoins can move beyond on-chain settlement and become more deeply integrated into the real economy and everyday global payments.

From Stablecoin Settlement to Real-World Payments

As stablecoin infrastructure continues to mature, the industry’s focus is expanding beyond the efficient movement of funds on-chain toward a broader question: how can stablecoin liquidity reach business operations, consumer payments and everyday commercial activity?

The event will focus on how funds move between on-chain financial systems and the real world, with two core discussions: “Wall Street On-Chain: The Next Era of Tokenized Capital Markets” and “Stablecoins Go Mainstream: From Settlement to Real-World Payments.” Spanning capital markets and real-world payment scenarios, the discussions will explore what comes next as stablecoin adoption continues to scale.

For WasabiCard, bringing stablecoins into mainstream commercial use requires more than efficient on-chain settlement. It also requires infrastructure capable of connecting digital liquidity with card networks, local banking systems and payment scenarios across global markets.

“The next stage of stablecoin payments is not just about moving funds more efficiently on-chain, but about making those funds truly usable across business operations and consumers’ everyday payment scenarios,” said Ray Yang, Co-Founder and CEO of WasabiCard. “Having global brands like Lotus join the conversation is important because scaling stablecoin adoption requires stronger connections between payment infrastructure, real-world industries and commercial use cases. We also look forward to exploring further opportunities with Lotus.”

Through its global card issuing and global remittance capabilities, WasabiCard helps businesses connect digital asset liquidity with real-world payments, providing more integrated infrastructure for moving and using funds across borders.

Lotus Brings a Global Automotive and Premium Consumer Perspective

With seven decades of boundary-pushing heritage and a legacy of motorsport championships, Lotus continues to redefine the limits of performance in racing and building the most engaging road cars in the world in the era of electrification and intelligence for global customers. As a truly global brand, Lotus boasts worldwide manufacturing footprints, leverages a global supply‑chain ecosystem, and maintains deep‑rooted business presence across multiple international markets. As the automotive industry becomes increasingly integrated with digital services and new consumer experiences, seamless global payment infrastructure is becoming an important bridge between brands and customers worldwide.

By welcoming Lotus to the event, WasabiCard aims to extend the stablecoin payment conversation beyond financial infrastructure and into real-world business and consumer scenarios.

During the event, Dr. Daxue Wang, CFO of Lotus Tech, will join the panel “Stablecoins Go Mainstream: From Settlement to Real-World Payments,” exchanging perspectives with WasabiCard and other industry leaders on how stablecoins can connect global fund flows with real-world business needs, while sharing insights and experience from the global automotive and consumer sectors.

WasabiCard and Lotus to Explore Deeper Collaboration Opportunities

The TOKEN2049 Singapore Side Event will also provide an opportunity for WasabiCard and Lotus to deepen their engagement.

Building on their shared focus on global business and next-generation payment experiences, WasabiCard and Lotus are exploring opportunities for deeper collaboration across stablecoin payments, global payment infrastructure and real-world commercial scenarios.

Going forward, the two companies aim to combine Lotus’ experience across global automotive and consumer scenarios with WasabiCard’s capabilities in stablecoin payments and global payment infrastructure, exploring new ways to connect stablecoin technology with real-world commerce and consumer experiences.

About STABLECOIN & PAYMENTS: FUNDS FLOW

Hosted by WasabiCard, “STABLECOIN & PAYMENTS: FUNDS FLOW” will take place on October 6, 2026, at Raffles Singapore.

The event will bring together leading representatives across traditional finance, stablecoins, cross-border payments, digital assets and cloud computing for in-depth discussions on tokenized capital markets, real-world stablecoin payments and global fund flows.

Event Details & Registration: https://luma.com/gj0iv2kk?tk=jPIHnb

About WasabiCard

WasabiCard is a global payment infrastructure platform enabling Web3 enterprises, fintechs, and internet-native businesses to issue cards, distribute payouts, and manage cross-border payments through stablecoin-powered financial infrastructure. Its platform supports global card issuing, global off-ramp, and embedded payment capabilities designed for modern global commerce. WasabiCard powers payment use cases across media buying, SaaS subscriptions, global payroll, treasury management, and digital financial applications.

Follow WasabiCard on X and LinkedIn for the latest updates on product developments, partnerships, and insights into the future of stablecoin-powered payments.

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Cymulate Receives Frost & Sullivan’s 2026 Indian Competitive Strategy Leadership Recognition for Advancing Continuous Security Validation

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The recognition highlights Cymulate’s competitive strategy, continuous innovation, and customer-centric approach to strengthening cyber resilience across complex enterprise environments.

SAN ANTONIO, Oct. 5, 2026 /PRNewswire/ — Frost & Sullivan pleased to announce that Cymulate has received the 2026 Indian Competitive Strategy Leadership Recognition in the breach and attack simulation industry for its outstanding achievements in continuous security validation, platform innovation, and customer impact. The recognition highlights Cymulate’s leadership in advancing proactive cybersecurity strategies, strengthening enterprise cyber resilience, and helping organizations validate the effectiveness of their security controls in an increasingly complex threat landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Cymulate excelled in both, demonstrating its ability to align its strategic initiatives with evolving enterprise cybersecurity requirements while executing with innovation, consistency, and scale.

“The Cymulate platform differentiates itself through one of the industry’s broadest attack libraries, covering a wide range of tactics, techniques, and procedures across email security, endpoint security, data protection, cloud environments, and other critical domains. Its rapid deployment enables organizations to begin simulations quickly, accelerating time to value and helping security teams identify configuration weaknesses and prioritize remediation without lengthy implementation cycles,” said Rajarshi Dhar, Associate Director at Frost & Sullivan.

Guided by a long-term strategy that centers on continuous security validation and threat exposure management, Cymulate has played an important role in advancing the breach and attack simulation market in India. The company introduced continuous attack simulation to enterprises at a time when penetration testing and red teaming were the primary approaches to offensive security assessment, helping establish a better understanding of the value of continuously validating deployed security controls.

Innovation remains central to Cymulate’s approach. Its threat exposure validation platform enables organizations to simulate real-world cyberattacks, assess the effectiveness of security controls, identify vulnerabilities, and prioritize remediation efforts. With broad attack coverage across email, endpoints, data protection, cloud environments, infrastructure, and other critical domains, the platform provides enterprises with objective evidence of their cyber resilience across increasingly interconnected IT and eligible OT environments.

Cymulate’s commitment to customer success strengthens its position in the Indian cybersecurity market. Through a combination of local expertise, a growing partner ecosystem, technical workshops, knowledge transfer, and continuous operational support, the company helps customers progressively expand their validation capabilities as their cybersecurity priorities evolve. Its modular architecture enables organizations to strengthen coverage over time without replacing existing security infrastructure, while integrations with enterprise cybersecurity platforms support more efficient remediation workflows and informed security decision-making.

A customer-centric approach has contributed to customer retention exceeding 90%, according to the company, while its platform has demonstrated measurable operational value across complex enterprise environments. By enabling organizations to continuously validate newly disclosed vulnerabilities and emerging attack techniques, Cymulate helps security teams move beyond point-in-time assessments toward a more proactive and evidence-based approach to cyber resilience.

Frost & Sullivan commends Cymulate for setting a high standard in competitive strategy, continuous innovation, and market responsiveness. Through its comprehensive attack coverage, rapid deployment capabilities, ecosystem integrations, and focus on long-term customer outcomes, the company is helping shape the future of the breach and attack simulation industry and continuous security validation.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in competitive positioning and customer value. The recognition highlights forward-thinking organizations that are reshaping their industries through innovation, strategic excellence, and sustained growth.

Frost & Sullivan Best Practices Recognition
Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.Singh@frost.com 

About Cymulate
Cymulate is the leader in proactive, AI-powered security that continuously proves, prioritizes and adapts against real attacker behavior – before incidents occur. More than 1,000 enterprise security teams rely on Cymulate for autonomous threat validation and cyber defense engineering. Founded and led by experienced red teamers who know that testing alone does not deliver better security, Cymulate goes beyond threat validation to build threat- and exposure-informed cyber defenses. For more information, visit www.cymulate.com.

Media Contact:
Niraj Soni
E: nirajs@cymulate.com

 

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SOURCE Frost & Sullivan

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Share buybacks in Ericsson during the period September 28 – October 2, 2026

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STOCKHOLM, Oct. 5, 2026 /PRNewswire/ — During the period September 28 – October 02, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume
(number of shares)

Weighted average share
price per day (SEK)

Total daily transaction
value (SEK)

28/09/2026

1,842,000

93.5612

172,339,730.40

29/09/2026

1,851,000

93.7513

173,533,656.30

30/09/2026

1,869,000

92.7149

173,284,148.10

01/10/2026

1,892,000

91.7652

173,619,758.40

02/10/2026

1,916,000

93.6624

179,457,158.40

Total

9,370,000

93.0880

872,234,451.60

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (MAR) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (the Safe Harbour Regulation).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 117,888,663 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)

Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:

Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-september-28—october-2–2026,c4404271

The following files are available for download:

https://mb.cision.com/Main/15448/4404271/4300866.pdf

Share buybacks in Ericsson during the period September 28-October 2 2026

https://mb.cision.com/Public/15448/4404271/9ca7dfa75199cf3b.xlsx

Daily Ericsson Share Buyback Report

 

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Sovereign Wealth Fund Institute announces first I20 Summit alongside G20 Leaders’ Summit, targets US$5tn capital deployment into US

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Five-day event set for Miami (11–15 December 2026) alongside the G20 Leaders’ Summit at Trump National Doral.Convenes global sovereign, pension, and institutional allocators representing every G20 and allied nation.SWFI targets US$5 trillion in capital deployment into key American growth sectors.

NEW DELHI, Oct. 5, 2026 /PRNewswire/ — The Sovereign Wealth Fund Institute (SWFI) has officially announced G20 Investment Week and the inaugural I20 Summit, taking place in Miami from 11–15 December 2026. Held alongside the official G20 Leaders’ Summit at Trump National Doral, this invitation-only gathering aims to direct US$5 trillion in long-term institutional capital into the United States.

The five-day program opens with a welcome dinner on 11 December, followed by specialized investor days, and concludes on 15 December with Global Leaders Day and the GOOD Fellows Awards. Over three core days, SWFI will host parallel sector sessions bringing sovereign wealth funds, pension funds, endowments, central bank reserve managers, and state officials into direct alignment. American governors and economic development authorities will present shovel-ready projects across twelve key growth sectors, including energy & LNG, SI & data center infrastructure, critical minerals, advanced manufacturing, real estate, private credit, and digital assets.

Announced at iBRICS 2026 in New Delhi, the initiative engages allocators across the Global South and allied economies spanning G20 members, the European Union, the African Union, and invited guest nations such as Qatar, Singapore, the UAE, Norway, and Finland.

Lakshmi Narayanan Ramanujam, Chairman, SWFI said: “The G20 sets the direction of the world economy. The I20 is where capital decides whether to follow. We unveiled this project at iBRICS 2026 in New Delhi because capital does not belong to a bloc. It looks for scale, rule of law and returns, and no market offers more of all three than the United States.”

Chip Rogers, Advisor and spokesperson to SWFI, said: “American states have projects that are permitted and ready for capital. What they rarely get is a week in the same city as the funds that can finance them. Miami gives them that week.”

About the I20 Summit

The I20 Summit is SWFI’s independent convening of long-term investors for the United States’ G20 host year. https://i20summit.com/

About the Sovereign Wealth Fund Institute

Established in 2008 and headquartered in Dallas, Texas, SWFI has convened sovereign wealth funds, pension funds and family offices across 60 cities in 20 countries, at venues including the House of Commons, Guildhall and Mansion House. www.swfinstitute.org

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