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Xai Foundation Reports First Half 2024 Results and Operational Updates

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Xai H1 2024 Highlights 

Launched its Sentry Nodes Network which resulted in over 13,000 ETH in node sales, marking it as the largest mint in Arbitrum Ecosystem history and giving the Xai community unprecedented stake in the network.Reached an all-time high in transactions per second (TPS), pushing the Ethereum ecosystem to its own all-time high in total TPS, and is currently boasting over 9 million daily transactions on Xai.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Surpassed 1.7 million active wallet addresses

GEORGETOWN, Cayman Islands, Aug. 5, 2024 /PRNewswire/ — Xai Foundation, a core contributor to the gaming-centric blockchain network, Xai, today released its mid-year business update for the 2024 calendar year.

Soby, a core contributor to Xai, remarked, “The first half of 2024 was transformative for Xai. Our ecosystem has experienced unprecedented growth, from the successful launch of Xai Builder, to the expansion of our gaming portfolio through strategic partnerships. The enthusiastic adoption of our Sentry Node system and the surge in network activity underscore Xai’s position as the blockchain solution of choice for high-performance gaming, as the Xai Vanguard: Genesis campaign has propelled us to become the highest-volume EVM chain by TPS in the industry. With developers and gamers increasingly embracing our technology, it’s clear that Xai is setting new standards in the blockchain gaming industry and we’re excited to continue pushing the boundaries of gaming and delivering unparalleled experiences for our players.”

Xai has seen remarkable growth across several key metrics in the first half of 2024, solidifying its position in the blockchain gaming sector. New daily addresses and active monthly addresses have surged, as the company surpassed 1.7 million active wallet addresses during H1 2024.

This progress reflects the strong demand for Xai’s high-performance gaming infrastructure. Recent initiatives, such as the launch of Xai Builder and Xai Connect, have played a crucial role in expanding Xai’s ecosystem and driving its rapid growth, with  Crypto Unicorns, a game recently migrated to Xai, being named the #1 play-to-earn game by Dappradar.

As the leading blockchain for gaming and high-performance applications, Xai continues to evolve its offerings to meet the changing needs of developers, gamers, and the broader Web3 community.

Operational Update

Xai Foundation

The Xai Foundation continues to ensure the maintenance, validity and security of the Xai Network, furthering its development as a premier blockchain for gaming and high-performance applications with major announcements such as:

Launched its Sentry Node Network which resulted in over 13,000 ETH (~42.7M) in node key sales, marking it as the largest mint in Arbitrum Ecosystem history.Introduced Xai Builder, a comprehensive web3 development platform powered by Sequence technology for traditional developers to incorporate web3 elements into their games and dApps.Xai Builder provides a unified development environment that simplifies game creation on Xai, and enables developers to quickly deliver high-quality gaming experiences across multiple devices.Prepared for the launch of industry-leading titles by partnering with the best primitive and infrastructure providers, including Nirvana Labs.Deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers using their baremetal web3 optimized cloud infrastructure.Announced the completion of the pilot phase for the Xai Tokenomics Bootcamp in partnership with Offchain Labs which provided extensive expertise to development teams and streamlined the creation process of both new web3 titles and established games looking to build or add web3 framework to an existing experience.Initiated the Xai Vanguard: Genesis campaign to promote adoption of the Xai Blockchain and ecosystem.This campaign quickly propelled the Xai Blockchain to the highest volume EVM chain in the industry according to L2beat.com, and has led in this category for well over a month since the middle of June 2024. Xai remains the only gaming-centric blockchain to hold this accomplishment, featuring 5-100x more TPS than notable industry competitors.

Xai Ecosystem

The Xai Ecosystem experienced record-setting accomplishments for the industry with milestones including:

Reached an all-time high transactions per second (TPS) for both Ethereum and Xai with over 12 million daily transactions on Xai.Surpassed 1.7 million active wallet addresses in H1 2024.Instituted a significant upgrade to the Xai staking system, Staking Pools, to enhance user involvement by offering new opportunities for Xai token holders and network health.Partnered with industry-leading technology companies includingIndie game promotional platform, The MIX, to bring over 100 indie games to build on Xai over the next year.Paved the way for mainstream adoption of blockchain technology through Xai Connect by moving the wallet to the backend of the experience for games and dApps on Xai.

Through the first half of 2024, Xai released premiere games including, Tarochi and Crypto Unicorns, and announced anticipated migrations for many more coming soon including:

Cyberpunk-themed MMO with a vast interactive metaverse, Yaku Corp.The Open Beta for Lost Glitches, a blend of web2 familiarity and web3 innovation, which has emerged as a standout title in the Xai blockchain network.Free-to-play extraction shooter treasure hunt game, Planet X, is set to bring its unique “hunt, extract, win” gameplay to the Xai network with a host of real-world prizes.Valeria Games’ Land Before War, a mobile real-time strategy (RTS) game made for iOS and Android, announced it will be migrating to Xai ahead of its planned launch later this year.

What’s Next

For the next half of 2024, Xai Foundation will continue to work with premiere web3 games in the space by expanding its portfolio of games deploying on Xai with titles including Lost Glitches, My Angry Yakuza Girlfriend (MAYG), Valeria and the highly anticipated game from Ex Populus, Final Form. In addition to bringing Xai users a continuous stream of high quality game releases, Xai Foundation will maintain advancements to the Xai blockchain through strategic partnerships and enhancement of the protocol, sentry nodes and ecosystem.

About Xai Foundation

The primary objective of the Xai Foundation is to foster the growth of developers and games within the Xai AI blockchain ecosystem. This encompasses attracting third-party developers, implementing effective marketing strategies, and offering financing opportunities to web3 game developers. As the custodian of the blockchain and its associated token, the Xai Foundation plays a pivotal role in supporting the integrity of the platform.

About Xai Games

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

For media inquiries, please contact: marketing@xai.games

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SOURCE Xai Foundation

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OMODA 4 Officially Rolls Off the Production Line: OMODA&JAECOO Sets Its Sights on a New Global Million-Unit Target

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KUALA LUMPUR, Malaysia and WUHU, China, April 27, 2026 /PRNewswire/ — On April 26, 2026, OMODA&JAECOO hosted the grand “From Million To Annual Million Launch Event and OMODA 4 Roll-off Ceremony”. As the flagship model for the brand’s Globalization 2.0 strategy, the official start of mass production for the OMODA 4 not only marks a milestone in the brand’s three-year journey to 1 million cumulative sales but also represents the launch of the core product powering the brand’s sprint to its 2027 sales target of annual million units. This event aligns with the Chery International Business Summit (IBS), together mapping a new blueprint for the brand’s global growth.

As a flagship model for the youth market and global layout, OMODA 4 precisely targets the “Cyber LOHAS tribe”. Grounded in deep insights into the consumption habits and lifestyles of young consumers, OMODA 4 adopts “Cyber Mecha”as its core positioning, building core product competitiveness in hyper-function, hyper-intelligence, and hyper-energy, serving as a key lever for the brand to capture the global youth market.

Hyper-Functional Design: CYBER MECHA Aesthetics Forge an Exclusive Visual Identity

OMODA 4 breaks away from conventional design logic with its class-exclusive Cyber Mecha supercar styling, forging a futuristic visual identity. The Cyber Lightning Headlights mimic the transient form of a lightning strike, using sharp lines and high-contrast light strips to create a highly recognizable design signature. The mecha-inspired light-flow body borrows from the structural elements of mecha armor, using sharp edges and geometric facets to generate 3D light and shadow effects beyond classic streamlined styling.

The interior features a starship-themed cockpit with a wraparound layout for an immersive mecha-command experience. Paired with a Lamborghini-style F1 supercar flip-start button, every departure is imbued with a sense of ceremony. Meanwhile, the model achieves the optimal drag coefficient within its stylistic class, balancing design with aerodynamic performance. A diverse palette of body colors caters to the individualized tastes of young users, making OMODA 4 a “mobile social card” for self-expression.

Ultra-Smart Features: A Class Benchmark Delivering a Warm Tech Experience

In terms of intelligent features, OMODA 4 leverages class-leading hardware and software capabilities to deliver a smart experience that integrates technology with a human touch, upgrading from “easy to use” to “intuitive”. Equipped with best-in-class hardware, it has 16 ADAS driver-assist features for easy driving and parking, greatly lowering driving barrier to driving and making every journey safer and more convenient.

The AI powered super voice assistant, built on a large language model, will soon be available in the vehicle. In the future, this technology is expected to support diverse function such as voice cloning and mood-based music recommendations, with the aim of accurately sensing the user’s emotional needs and delivering a personalized interactive experience. Additionally, features such as a 13.2-inch ultra-clear central screen, a 540° panoramic image, and 50W wireless charging and other features enrich smart car scenarios, fully addressing the tech demands of today’s youth.

High-Energy Ecosystem: An All-Scenario Setup Tailored to a Diverse Youth Lifestyle

To match young users’digital–physical lifestyle, OMODA 4 builds the best-in-class hyper-energy trendy ecosystem, redefining car scenarios and value as a connector of passion and life. As a mobile esports cockpit, the in-car system comes pre-loaded with over 20 casual and competitive games, supports wireless gamepad connection, turning waiting time into fun gaming moments anytime, anywhere. Building on this, OMODA 4 further expands the boundaries of in-car scenarios, creating a full-scene ecosystem that encompasses pet-friendly features, karaoke, camping, and multimedia entertainment. It is designed to fully accommodate the diverse lifestyle needs of young users and carry all their passions.

OMODA 4 will also launch an Ultra version, which offers class-exclusive factory performance modifications to deliver an exhilarating “supercar-like” experience for driving enthusiasts. The professional sports kit fully optimizes aerodynamics and body stance, boosting visual impact and high-speed stability. A launch control function unleashes peak torque at start for thrilling pushback, the tuned exclusive sports sound ignites drivers’ hearing on every acceleration. Professional sport tuning extends to the suspension, steering, and power response, resulting in more precise and sharper handling overall.

The official mass production rollout of the OMODA 4 represents a critical step in the execution of OMODA & JAECOO’s “New Million Strategy” and is a key component of the brand’s Globalization 2.0 blueprint. With strong tech heritage and a global innovation system, OMODA&JAECOO takes the OMODA 4 as its core model, paired with smart tech like the AiMOGA robot Mornine, to precisely target the global youth market. This shows the brand’s deep understanding of young users and strong R&D capabilities, as well as its commitment and breakthroughs in smart technology. Moving forward, the market launch of the OMODA 4 will further strengthen the brand’s position in the youth market and drive its premium and youthful evolution on the global stage.

About OMODA&JAECOO

In 2025, Chery Group, the parent company of OMODA&JAECOO, ranked 233rd in the Fortune Global 500, achieving the fastest ascent among global automakers, and maintained its position as China’s top passenger vehicle exporter for 23 consecutive years. OMODA & JAECOO takes “Co-Create A Beautiful Life With Young People” as its brand vision, while OMODA focuses on building “The World’s Leading Crossover Brand”, JAECOO adheres to the philosophy of “From Classic Beyond Classic” and is committed to building Global Elegant Off-Road Brand”, and building differentiated competitiveness through dual routes. By 2025, the OMODA & JAECOO brand has expanded into 64 markets worldwide, covering Europe, Asia, Australia, Africa, Latin America, the Middle East, and more,demonstrating strong global growth momentum, especially in the European market, becoming the fastest growing car brand in Europe and even the world. In the field of new energy vehicles, OMODA&JAECOO relies on the world’s leading SHS technology, with Super High Power, Super Low Efficiency, Super Long Combined Range,while providing efficient new energy solutions for global users, but also steadily advancing towards the objective of becoming the “The World’s Number One Hybrid Brand”. Notably, beyond its continuous breakthroughs in the core automotive sector, OMODA & JAECOO has extended its technological innovation into the field of intelligent technologies. The robot, jointly developed with the AiMOGA team, has entered real public service scenarios and made its official debut at the Asian Youth Para Games,representing a landmark practice in automakers’ intelligent transformation and further expanding the brand’s value boundaries.

In Malaysia, OMODA & JAECOO currently offers models including J5, J7, J7 PHEV, J8, C9 and C9PHEV, and will continue to introduce more new models that meet local market demand. Under the same group, OMODA & JAECOO has 3 sister brands in Malaysia – Chery, iCAUR and Lepas.

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SOURCE OMODA & JAECOO

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Broadridge Transforming Financial Literacy in Ireland Through AI-Powered Communication

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Helping Irish savers better understand investment products, Broadridge is developing innovative language simplification technology

DUBLIN, April 27, 2026 /PRNewswire/ — Broadridge Financial Solutions, Inc (NYSE: BR) today announced plans to support groundbreaking work in financial literacy in Ireland. Supported by IDA Ireland, the project will enable Broadridge to explore how artificial intelligence can be used to simplify the language in financial disclosures and make investment products more accessible to Irish retail investors.

“Ireland is a leading international centre for innovation in financial technology,” said Denis Curran, Head of International Financial Services, Emerging Business and Engineering & Green Economy at IDA Ireland. “We are delighted to support Broadridge in its mission to enhance financial literacy through the power of artificial intelligence. I wish the team at Broadridge every success with this innovative project.”

This collaboration addresses a critical challenge facing Ireland’s financial services sector. While Ireland hosts over €5 trillion in fund assets and is Europe’s ETF powerhouse, retail investor participation remains low. Research shows that dense, jargon-heavy disclosures create a significant barrier, with only 18% of EU citizens demonstrating high financial literacy according to the European Commission’s 2023 Eurobarometer Survey.

“This partnership with IDA Ireland positions Broadridge at the centre of a national initiative to leverage technology to make sophisticated investment products genuinely accessible to retail investors,” said Stephen Johnston, Senior Country Officer, Ireland, at Broadridge. “We’ve analysed investment disclosures from the 50 largest UK asset managers and found that nearly half were written at an academic level that would be difficult for most retail investors to understand. Across Europe, around €14 trillion sits in household savings accounts. At a time when purchasing power is eroding due to inflation, too many of these savers lack clarity and confidence in how best to realise their investment potential. By applying AI to create plain-language communications while maintaining regulatory compliance and accuracy, we can measurably boost engagement and help move Irish savers from deposit accounts into long-term investments that can support their financial futures.”

Broadridge’s research project will investigate how AI-driven plain-English communications can transform complex fund documentation into clear and simple information that empowers everyday Irish savers to make informed investment decisions. The initiative aligns with both the European Commission’s Financial Literacy Strategy and regulatory efforts such as the UK FCA’s Consumer Composite Investment framework to deliver simplified, user-friendly disclosures.

Broadridge’s Dublin team supports clients across Ireland’s financial services community, delivering a broad range of technology and operational solutions. With dedicated Dublin-based regulatory expertise, the team partners with leading global asset managers and fund administrators to navigate complex requirements, including PRIIPs, MiFID, Solvency II and the evolving UK–EU regulatory landscape.

Results from the study will be shared with industry stakeholders and regulators to inform best practices.

About Broadridge

Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over $15 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing over 15,000 associates in 21 countries.

For more information about us, please visit www.broadridge.com

Broadridge Contacts:

Investors:
broadridgeir@broadridge.com

Media:
Gregg.Rosenberg@broadridge.com

 

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SOURCE Broadridge Financial Solutions, Inc.

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Fabpad Surpasses 12-Month Projections in 90 Days, Delivers 300% Growth Following Seed Round

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Achieves rapid scale within a quarter of funding—while keeping most capital undeployed—highlighting strong demand, repeat usage, and a scalable multi-channel model

HYDERABAD, India, April 27, 2026 /PRNewswire/ — Fabpad, India’s fast-growing menstrual hygiene brand, has achieved its 12-month post-seed projections within just three months of closing its funding round in December 2025. The company also reported a 300% year-on-year growth for FY 2025–26.

Fabpad has reached this milestone within the first quarter post funding, with a significant portion of the raised capital still undeployed, pointing to strong underlying demand and disciplined execution.

The company is now planning to raise its Pre-Series A round to support its next phase of growth, with a focus on expanding access and scaling operations across markets.

Fabpad’s product portfolio—including reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene solutions-—is designed to serve both individual consumers and larger-scale use cases.

Fabpad operates as a direct-to-consumer (D2C) brand in India, where it has built strong user engagement through product performance and repeat usage. Alongside this, the company has scaled across multiple demand channels and markets, enabling it to grow rapidly without relying on a single growth engine.

The company’s growth has been driven by a combination of:

Strong repeat behaviour and customer retentionConsistent product performance across use casesExpansion across geographies

Commenting on the milestone, Dipesh Dhelia, CEO, Fabpad, said, “What stands out to us is not just the speed of growth, but how efficiently it has come together. We’ve been able to hit our projected numbers early while still keeping most of our capital undeployed. That’s a strong signal that we have built a strong scalable model.”

Commenting on product adoption, Shripriya Khaitan Dhelia, Co-Founder, Fabpad, said, “Our focus has always been on solving for real, everyday use. This isn’t a one-time purchase decision—it’s something customers evaluate every single month. That’s where trust gets built. If the product performs consistently, it earns credibility over time, and that’s what ultimately drives repeat usage and growth.”

About Fabpad

Fabpad is a personal hygiene brand founded by Shripriya Dhelia, focused on building high-performance, affordable, and sustainable hygiene solutions for modern consumers. The company has developed a diversified business model, combining its direct-to-consumer (D2C) presence in India with institutional partnerships, export markets, and B2B distribution channels, enabling it to scale across both individual and large-scale use cases.

Fabpad’s product portfolio spans reusable period panties, cloth pads, biodegradable disposables, and intimate hygiene products, designed to deliver consistent performance while addressing cost efficiency and environmental impact. Built with a strong focus on product quality, repeat usage, and real-world functionality, the brand has gained traction across multiple markets and customer segments.

Fabpad is building a capital-efficient hygiene platform designed to scale across markets, channels, and use cases—without compromising on performance or accessibility.

Website: https://fabpad.in/

Photo: https://mma.prnewswire.com/media/2966131/Shripriya_Dipesh_Fabpad.jpg

 

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