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QuintessenceLabs Appoints Andrew (Andy) Penn AO as Special Adviser

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Expands global advisory team to further market leadership in enabling advanced encryption

CANBERRA, Australia and SAN JOSE, Calif., Feb. 13, 2024 /PRNewswire/ — QuintessenceLabs, a pioneer and leader in enterprise-scale encryption orchestration, is proud to announce today that highly respected industry veteran Andy Penn has joined the company’s global advisory team as Special Adviser. The addition of Mr Penn, alongside other appointments, brings heightened expertise that will contribute to furthering our market leadership in the increasingly critical domain of advanced encryption solutions.

Andy has had an extensive career spanning over four decades across three industries – telecommunications and technology, financial services, and shipping. He was formerly the CEO of Telstra and before that the CEO of AXA Asia Pacific Holdings. He was also Chairman of the Australian Government’s Cyber Security Expert Advisory Board and a member of the Expert Advisory Panel for the Victorian State Electricity Commission.

“We are delighted to have the benefit of Andy’s deep experience and expertise from his many years leading two of Australia’s largest companies and his extensive Government policy work,” said QuintessenceLabs Founder and CEO, Dr Vikram Sharma. “Andy has deep experience in critical technologies and cybersecurity and in applying this practically both across business and government agencies and his insights will further our mission to enable advanced encryption capabilities, including quantum-resilient solutions, for our customers.”

Andy is a Member of the Advisory Board of REDSPICE a major program of the Australian Signal’s Directorate (ASD) to expand the range and sophistication of Australia’s intelligence, offensive and defensive cyber capabilities, a Member of the Quad Investors Network of the American Frontier Fund, and a Member of the Council of Trustees of the National Gallery of Victoria.  He is also a non-executive Director and Chair of the Audit and Risk Committee of the Coles Group.

“I am very pleased to be supporting the QuintessenceLabs team as they have developed unique capabilities in quantum key generation, crypto-agile key management, and quantum key distribution,” said Penn. “Encryption is a key resource in managing and mitigating the cybersecurity risks that we face as individuals, companies, and nations.”  

“Existing approaches to encryption management are becoming increasingly vulnerable as the technologies available to malicious actors become more sophisticated and powerful and quantum will take this to a whole new level. From all my work in cybersecurity, it is clear that encryption management has fallen way behind where it needs to be and we need to act urgently. QuintessenceLabs is at the forefront of helping solve this problem,” said Penn.

Also joining the QuintessenceLabs team as US Federal Adviser, is Bob Gourley, co-founder of OODA LLC. Bob is a seasoned enterprise technologist with expertise in cybersecurity, corporate governance, and strategy, having held leadership roles in U.S. defense and intelligence, including as former CTO for the Defense Intelligence Agency (DIA).

At OODA LLC, Bob leverages a global network to promote the use of advanced technologies in enterprises. Gourley, with significant experience as both a client and consultant, will guide QuintessenceLabs in building key strategic partnerships in North America.

Leading experts agree that enterprise-scale encryption is one of the critical pillars of a robust cybersecurity strategy for most organizations. QuintessenceLabs is primed to deliver global leadership in supporting customers to implement enterprise-scale encryption and achieve a quantum-resilient cybersecurity posture in a complex cyber threat environment. These appointments affirm our commitment to excellence and reflect our dedication to assembling a team of industry leaders and visionaries.

For more information visit: www.quintessencelabs.com/leadership.

About QuintessenceLabs

QuintessenceLabs is a global leader in post-quantum cybersecurity. The company offers a suite of solutions and services ranging from qStream, the world’s fastest quantum random number generator to qOptica a continuously variable quantum key distribution system which are underpinned by the Trusted Security Foundation (TSF), the industry’s most secure encryption key management platform. The company is currently working with governments and organizations worldwide to secure sensitive information today and into a post-quantum computing future. For more information, visit www.quintessencelabs.com or connect on LinkedIn.

View original content:https://www.prnewswire.com/apac/news-releases/quintessencelabs-appoints-andrew-andy-penn-ao-as-special-adviser-302059950.html

SOURCE QuintessenceLabs

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De¹ Introduces Tokenized Asset World on BNB Chain, Developing Financial Intelligence Across the Full RWA Financial Landscape

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NEW YORK, Oct. 19, 2026 /PRNewswire/ — De¹ is launching Tokenized Asset World on BNB Chain, the first domain-specific world under its Financial World Model (FWM). It introduces specialized financial intelligence designed to understand the full onchain RWA landscape, from trading and collateral to borrowing, credit, liquidation and agent activity, and apply that knowledge to real financial decisions.

Traditional finance moves assets through separate networks of brokers, custodians, clearing systems and lenders. Each institution sees a different part of the lifecycle, while transfers, reconciliation and collateral requirements add friction to capital deployment. Bringing assets onchain makes financial activity more programmable, but it does not automatically connect the knowledge held across trading, financing and risk systems.

De¹ is establishing Tokenized Asset World on BNB Chain, where that real-assets financial ecosystem already unfolds in live markets. PancakeSwap, ListaDAO, Venus, Binance Agent OS and BNB Agent SDK span public trading, collateralized lending, structured credit and authorized agent activity. These activities produce distinct signals: executed prices, liabilities, vault constraints, liquidations and the outcomes of agent actions.

Tokenized Asset World brings fragmented financial knowledge into a coherent, learnable model of the full RWA landscape. The domain model is designed to understand the relationships and consequences across financial operations, with verified execution outcomes continuously refining De¹’s understanding of onchain financial physics. This introduces a new layer of intelligence to BNB Chain, enabling a more complete understanding of the tokenized-asset stack across trading, collateral, credit, vaults and agent activity.

AI agents can tap into this intelligence to operate across tokenized-asset markets with a more comprehensive view of liquidity, borrowing conditions, collateral exposure and liquidation risk as a whole. This deeper market understanding could raise more sophisticated strategies, execution and risk decisions. Each agent interaction, in turn, generates new evidence for the model, creating a continuous feedback loop between financial intelligence and live market execution while strengthening De¹’s broader Financial World Model.

About De¹

De¹ is the intelligent infrastructure platform at the intersection of DeFi and AI, building the Financial World Model grounded in live execution and real market feedback. It serves developers, traders, institutions, and AI agents through intelligent execution, unified liquidity, reinforcement learning optimization, and a continuously evolving data flywheel.

Contact: Marketing, pr@de1.ai

View original content:https://www.prnewswire.co.uk/news-releases/de-introduces-tokenized-asset-world-on-bnb-chain-developing-financial-intelligence-across-the-full-rwa-financial-landscape-302912966.html

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Plata reaches $1 Billion ARR Milestone, becoming the fastest digital bank ever

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The Mexico based digital bank shatters traditional digital banking scaling timelines, reaching a $1 Billion Annual Recurring Revenue  in less than 3.5 years from launch

MEXICO CITY, Oct. 19, 2026 /PRNewswire/ — Plata, the world’s fastest growing digital financial institution, today announced that in September 2026 it has crossed $1 billion in Annual Recurring Revenue (ARR), reaching the milestone in less than 3.5 years from launch in April 2023 and less than a year after receiving its full banking license. Plata´s growth makes it the fastest digital bank in history to reach this benchmark, and puts it on par with some of the world’s fastest growing leading AI companies, underlining Plata’s own AI and tech capabilities.

Plata reaches this goal after having reached more than 4 million customers in Mexico and having launched operations in Colombia at the beginning of September. In Mexico, Plata is now the fourth credit card issuer in the country by number of customers, and the only digital bank with a full product suite including credit, debit, investments, and small business banking. Plata’s growth is also nearing profitability, which is expected to be reached for its Mexico business within the next 6 months.

Plata changed the rules by building a universal financial platform powered by its own technology from day one. By setting up its core banking system, the company proved that regulated financial institutions can scale at AI-like speed without undermining operating performance.

“By building our own technology from scratch, we proved that a bank can move at AI company speed without compromising anything. Now we are ready to accelerate our innovation, make finance effortless and accessible for everyone.” Neri Tollardo, CEO of Plata.

As digital adoption accelerates across Latin America, Plata´s performance sets a new benchmark for financial infrastructure scaling, financial adoption, and operational efficiency in emerging markets.

About Plata

Plata is the fastest-growing financial institution in Latin America and the largest private digital bank by customer volume. In less than three years, we reached a valuation of $3.1 billion with 4 million active credit card customers and crossed $1 billion in Annual Recurring Revenue (ARR). Backed by $1.5 billion in equity investment, 1.5 in financing, and a workforce that includes 800 in-house developers, in Banco Plata we have built our own technological ecosystem, which includes a core banking system, CRM, and an app focused on simplifying the financial experience.

View original content:https://www.prnewswire.com/news-releases/plata-reaches-1-billion-arr-milestone-becoming-the-fastest-digital-bank-ever-302912970.html

SOURCE Plata

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Trends International Announces Kenneth Smith as President and Chief Executive Officer

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Experienced executive to lead company’s next phase of retail, digital commerce and strategic growth

INDIANAPOLIS, Oct. 19, 2026 /PRNewswire/ — Trends International, LLC, a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products, today announced that Kenneth Smith has been appointed President and Chief Executive Officer, effective May 2026.

Smith will spearhead the company’s overall strategic direction and growth initiatives across its retail, wholesale, e-commerce, licensing and direct-to-consumer businesses. In his role, Smith will oversee Trends International and its portfolio of digital businesses, including Art.com and AllPosters.com.

Smith’s appointment comes as Trends International enters a new phase of expansion focused on broadening its retail presence, accelerating e-commerce, strengthening strategic customer relationships, developing new products and licenses, and pursuing partnerships and business opportunities.

“I am honored to lead Trends International and build on the strong foundation established by the company, its founders and its talented employees,” said Kenneth Smith, “We have an exceptional portfolio of brands, licenses, products and customer relationships, and we see significant opportunities to grow the business. Our focus will be on strengthening our retail partnerships, accelerating our digital businesses, developing innovative products and creating new strategic opportunities that deliver value for our customers, consumers, licensors and partners.”

Expanding Retail and Digital Footprint
Under Smith’s leadership, Trends International will continue to invest in its core retail business while broadening its digital commerce capabilities.

The company is focused on deepening relationships with major retailers, expanding distribution, improving merchandising, and developing new product platforms designed to create incremental sales opportunities.

Trends will also continue to build Trends Digital, bringing together the company’s e-commerce capabilities and creating a platform for future digital growth and potential e-commerce acquisitions.

The company’s digital portfolio includes Art.com and AllPosters.com, providing consumers with access to millions of images, posters, prints, wall art, and complementary décor.

“Trends has a tremendous opportunity to build upon its heritage while positioning the company for the future,” Smith said. “We are focused on growth, but equally important is how we achieve that growth — through strong customer partnerships, disciplined execution, innovation and a culture that empowers our people to succeed.”

Strategic Priorities
Smith’s leadership agenda includes several key areas of focus:

Retail growth — Expand relationships and sales with major national retailers and specialty channels.Product innovation — Develop new product formats, displays and seasonal programs that create incremental retail opportunities.Digital commerce — Accelerate the growth of Trends Digital, Art.com and AllPosters.com.Strategic partnerships — Forge new licensing, brand and business partnerships that expand the company’s market opportunity.Operational excellence — Improve organizational alignment, processes, technology, and execution across the company’s businesses.Talent and culture — Build a high-performing organization focused on accountability, innovation, customer service and sustainable growth.

“Kenneth brings a strong combination of leadership, customer focus and business development experience to Trends International,” said Phil St. Jean, Founder and Co-Executive Chairman of Trends International. “His vision for the company and his commitment to our customers, employees and partners make him the right leader for this next chapter. We are excited about what the future holds for Trends International and its businesses.”

About Kenneth Smith
Kenneth Smith is an experienced business executive with a background in sales leadership, strategic account development, business development, customer relationships, and organizational transformation. Throughout his career, Smith has focused on developing strategic growth initiatives, building high-performing teams, and creating long-term partnerships with major customers and business partners.

As president and chief executive officer of Trends International, Smith is responsible for the company’s overall strategy, growth, organizational leadership and business performance.

About Trends International
Trends International, LLC is a leading publisher and manufacturer of licensed posters, calendars, stickers, wall art and social stationery products. Established in 1987, Trends built its business around strong partnerships between licensors, retailers and licensees. Today, the company delivers a broad portfolio of licensed and proprietary products distributed through major retail, specialty, and digital channels.

Art.com, acquired by Trends International in 2023, is a leading online specialty retailer of high-quality wall art and complementary décor. The business offers millions of images and products through its digital commerce platform and interactive visualization tools.

AllPosters.com, part of the Trends International family of businesses, offers consumers a broad selection of posters, prints and wall décor.

For more information about Trends International, Art.com, AllPosters.com or Kenneth Smith, contact:

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SOURCE Trends International

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