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MVGX and World Free Zones Organization Partner to Advance Sustainability in Free Zones Worldwide

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SINGAPORE, March 4, 2025 /PRNewswire/ — MVGX Tech Pte Ltd (MVGX), a subsidiary of Alpha Ladder Group and a leader in sustainability solutions, and the World Free Zones Organization (WFZO), the global body representing 1,600 free zones and industrial parks, have signed a landmark agreement to accelerate sustainability adoption across Free Zones worldwide.

Through this collaboration, Free Zones will gain access to internationally recognised sustainability frameworks, enabling them to implement robust sustainability management systems and attain the Sustainable Industrial Park (Free Zone) Certification, a key benchmark for green industrial park development. Aligned with ISO 37101, the Management System for Sustainable Development in Communities, and PAS IP 8848, the framework for Sustainable Industrial Park management systems, this initiative underscores a commitment to fostering sustainable, future-ready industrial ecosystems.

The signing ceremony in Dubai signals a major push towards sustainable transformation, as Free Zones worldwide move to align with global environmental, social, and governance (ESG) standards and future-proof their operations.

Helping Free Zones Achieve Global Sustainability Standards

As part of this partnership, MVGX and WFZO will champion the adoption of the Sustainable Industrial Park (Free Zone) Standard (PAS 8848:2024), encouraging WFZO members to integrate structured sustainability practices within their operations. To facilitate this, MVGX will provide capacity-building programs, consulting services, and hands-on certification support, equipping Free Zones with the expertise needed to implement effective sustainability management systems. The initiative will also help Free Zones secure dual certification in ISO 37101 (Sustainable Development in Communities) and PAS IP 8848 (Sustainable Industrial Park Free Zone Standard), reinforcing their commitment to globally recognized sustainability benchmarks.

Defining the Path to Sustainability: WFZO and MVGX’s Roles

Under this partnership, WFZO will take the lead in promoting the Sustainable Industrial Park (Free Zone) Standard across its global network, encouraging Free Zones to integrate sustainability into their operations. It will organize capacity-building events and workshops, providing Free Zones with the knowledge and resources needed to participate in the certification process. Additionally, WFZO will serve as the key liaison between MVGX and Free Zones, ensuring seamless communication and coordination.MVGX, on the other hand, will drive the technical execution by developing specialized training programs, sustainability assessments, and improvement roadmaps for Free Zones. It will provide hands-on consulting, guiding Free Zone teams through gap analyses, sustainability project implementation, and certification preparation. From documentation support to third-party certification reviews, MVGX will ensure Free Zones meet globally recognized sustainability standards.

Why This Matters to Free Zones and the Global Economy

Free Zones and Industrial Parks play a critical role in global trade, contributing to economic growth, industrial development, and cross-border commerce. However, as sustainability becomes a defining factor in investment decisions, supply chain partnerships, and regulatory compliance, Free Zones that do not embrace sustainability risk falling behind.

Ms Lily Hong, Chief Executive Officer and Co-Founder of MVGX, emphasized the importance of the partnership, stating, “This agreement underscores our shared commitment to sustainability in industrial zones. By leveraging MVGX’s expertise in sustainability consulting and WFZO’s extensive global network, we aim to provide Free Zones with the necessary tools and guidance to achieve internationally recognized sustainability certifications. This partnership is a critical step in accelerating the transition to greener industrial practices worldwide.”

“This collaboration marks a significant step toward integrating carbon markets within free zones, enabling enterprises to actively participate in global carbon reduction efforts,” said Dr. Samir Hamrouni, Chief Executive Officer of World Free Zones Organization. “By establishing unified carbon credit standards and digital trading systems, we are fostering a more sustainable and economically resilient future for free trade zones worldwide.”

This partnership between MVGX and WFZO provides Free Zones with a clear roadmap to sustainability compliance, strengthening their appeal to global investors and businesses. By offering direct access to cutting-edge sustainability knowledge and best practices, it empowers Free Zones to future-proof their operations while aligning with global ESG regulations. With sustainability now shaping the future of trade, this collaboration ensures Free Zones remain competitive, resilient, and positioned for long-term success.

About MVGX

MVGX, a subsidiary of Alpha Ladder Group and headquartered in Singapore, is a pioneer in sustainability compliance solutions across seven key markets in Asia-Pacific, with a growing presence. We offer a comprehensive suite of services, including digital Measurement, Reporting, and Verification (MRV), regulatory compliance reporting, carbon credit advisory and trading, capacity building, and access to green finance.

Leveraging proprietary AI inference models and the region’s most extensive emissions factor database, MVGX streamlines sustainability compliance, making it simpler, scalable, and seamless. Our plug and play solutions enable businesses to lower the cost of regulatory compliance while unlocking capital —whether by securing green finance or monetising carbon credits.

Discover how MVGX is shaping the future of sustainability compliance at www.mvgx.com.

About WFZO

The World Free Zones Organization (WFZO) is an international, non-profit organization established to promote and advocate for the global free zones ecosystem. Founded with the aim of fostering cooperation, innovation, and sustainable development within free zones worldwide, WFZO acts as a key facilitator for stakeholders in the free zone industry. These include governments, regulatory bodies, investors, and business operators. The World FZO was launched in Dubai, UAE, in May 2014, by its 14 founding members and under the auspices of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai. WFZO serves as a central platform that connects over 3,000 free zones globally, providing them with the resources, knowledge, and support needed to thrive in an increasingly competitive global economy. Its mission is to elevate the free zone sector by sharing best practices, facilitating networking opportunities, and advocating for policies that stimulate economic growth, trade, and innovation.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/mvgx-and-world-free-zones-organization-partner-to-advance-sustainability-in-free-zones-worldwide-302391027.html

SOURCE MVGX Tech

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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:

View original content to download multimedia:https://www.prnewswire.com/news-releases/trends-international-announces-kenneth-smith-as-president-and-chief-executive-officer-302912992.html

SOURCE Trends International

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