Technology

JuCoin and Raffles Capital Join Forces to Launch New RWA Global Chapter at Shenzhen Digital Economy Forum

Published

1 year ago

March 27, 2025

SINGAPORE, March 27, 2025 /PRNewswire/ — The highly anticipated “Enterprise Globalization Forum in the Digital Economy Era and Global Launch of ‘RWA Wealth Disruption'” has successfully concluded in Shenzhen. The conference was jointly organized by Singapore’s Raffles Capital, Coinut Pte Ltd, Hong Kong International Finance Investment Group, and leading crypto asset trading platform JuCoin. The event brought together global fintech leaders, blockchain experts, and investment institution representatives to explore the future development and practical applications of Real World Assets (RWA) driven by blockchain technology, outlining a new blueprint for the global layout of digital finance.

Heavyweight Guests Discuss the Future of RWA

The conference attracted numerous industry heavyweights, with Dr. Charlie In, Chairman of Singapore’s Raffles Capital, delivering a keynote speech. As a veteran expert in traditional finance and blockchain, Dr. In has previously served as chairman of several companies listed on the Singapore Stock Exchange and was awarded Singapore’s highest financial honor, the “Golden Banyan Award,” being recognized as “the most respected financial writer.” He shared insights on the potential of RWA in the digital transformation of global capital markets, emphasizing the importance of integrating traditional finance with blockchain technology.

Mr. Chris, JuCoin’s Ecosystem Officer, also attended the forum, engaging with participants in in-depth discussions about innovative applications and future trends of RWA assets. Representatives from traditional financial institutions such as Goldman Sachs and Standard Chartered, along with blockchain pioneers from Hong Kong and Singapore, engaged in lively discussions on how RWA is reshaping the global financial landscape, providing new perspectives for industry development.

RWA-Sustain Global Debut: Setting New Standards for Digital Trading of Real Assets

A highlight of the conference was the official unveiling of the RWA-Sustain platform, marking a new stage for the RWA sector. RWA-Sustain is dedicated to creating an efficient trading and investment platform for real-world assets, breaking through traditional financial barriers through these core functions:

Asset Tokenization: Supporting on-chain integration of real estate, precious metals, art, and other assets to enhance liquidityGlobal Compliance Framework: Strictly adhering to financial regulations across countries to build a trusted trading environmentDecentralized Governance: Empowering investors with participation rights in platform decisions through RWT (RWA Token)Cross-Border Trading Capabilities: Eliminating geographical restrictions to enable global asset circulation

The launch of RWA-Sustain is viewed as another innovation of blockchain technology in the field of real assets. According to reports, its trading efficiency improves by 30%-50% compared to traditional markets, shortening asset circulation cycles from weeks to hours, providing global investors with low-barrier, high-efficiency participation opportunities.

JuCoin × Raffles Capital’s Strategic Cooperation: A New Era for RWA Ecosystems

The strategic cooperation signing ceremony between JuCoin and Singapore’s Raffles Capital became the focus of the event. The two industry giants announced they will engage in deep collaboration around RWA asset trading, blockchain financial innovation, and global market expansion to jointly advance RWA ecosystem development to new heights.

As a leading global financial investment institution, Raffles Capital will provide investment and financing support, market expansion, and global compliance system construction for the RWA ecosystem, leveraging its rich experience in traditional finance and blockchain. JuCoin will inject innovative power into the partnership with its leading technical architecture and Web3 ecosystem layout.

The centerpiece of their cooperation—JuCoin RWA Growth Board—officially launched on March 21, 2025, jointly created by JuCoin and the Distinguished Entertainment Foundation. As the only trading pair on the Growth Board, the RWA-Sustain token not only enhances the circulation efficiency of RWA assets but also ensures transaction compliance, providing a transformation path for traditional enterprises entering the digital economy.

Global Launch of “RWA Wealth Disruption”

Another highlight of the conference was the global launch of “RWA Wealth Disruption.” The book systematically analyzes the potential of RWA in the digital economy, revealing how it reshapes the traditional financial landscape through tokenization. The book points out that the Total Value Locked (TVL) in the RWA sector has exceeded $12 billion, with real estate tokenization accounting for 45%, precious metals and bond assets accounting for 25% and 20% respectively (source: DeFiLlama, as of March 20, 2025). Industry forecasts suggest that by 2030, RWA managed assets could reach $600 billion, becoming a significant component of global capital markets.

The choice of Shenzhen as the venue for this conference highlights the city’s important position in the digital economy. As China’s frontier city for innovation and technology, Shenzhen has shown outstanding performance in blockchain and digital finance in recent years. The debut of RWA-Sustain and the cooperation between JuCoin and Raffles Capital will further attract global capital attention, propelling Shenzhen to become a new landmark in the digital economy.

Future Potential of the RWA Sector

RWA, through tokenizing real assets via blockchain technology, has become an important growth engine for the digital economy. Forum participants unanimously agreed that RWA development benefits from technological maturity, institutional participation, and regulatory support. Hong Kong’s crypto-friendly policies have provided a compliant foundation for RWA, exemplified by the world’s first new energy RWA project issued under the Hong Kong Monetary Authority’s Ensemble sandbox program in February 2025, which raised $50 million and increased TVL by 15%.

In terms of application scenarios, traditional industries such as real estate, agriculture, and energy have enormous tokenization potential. Taking real estate as an example, the global real estate RWA asset value has reached $2 billion, an 80% year-on-year increase, and is expected to grow to $5 billion by 2027 (source: Dune Analytics). RWA-Sustain’s cross-border trading capabilities and decentralized governance model will further promote digital transformation in these areas.

More to Come

The “Enterprise Globalization Forum in the Digital Economy Era and Global Launch of ‘RWA Wealth Disruption'” was not only a collision of industry thoughts but also marked a new starting point for the RWA sector’s globalization. The strategic cooperation between JuCoin and Raffles Capital, along with the debut of RWA-Sustain, has injected new momentum into the digital circulation of real assets. In the future, both parties will continue to work together to empower traditional enterprises to enter the Web3 era, jointly opening a new era of digital asset globalization.

About JuCoin:

Founded in 2013, JuCoin stands as one of the cryptocurrency industry’s longest-operating exchanges and the world’s first service-driven crypto platform. With operations spanning over 30 countries and serving more than 12 million users, JuCoin has evolved into a comprehensive digital asset ecosystem encompassing JuChain (Layer 3 blockchain), JuOne (Web3 AI-encrypted smartphone), JuChat (Web3 super app), and JuCoin Labs (innovation hub), all powered by the JU token. This integrated ecosystem reflects JuCoin’s service-driven philosophy, designed to remove friction between centralized and decentralized finance while providing users with a seamless, and rewarding crypto experience across all touchpoints.

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SOURCE JuCoin

Technology

Meridian Singapore Immigration Launches New Website to Simplify the PR Application Journey for Foreigners in Singapore

Published

3 hours ago

April 30, 2026

New online platform provides clear, structured guidance for Employment Pass and S Pass holders navigating Singapore’s residency and Permanent Residency pathways

SINGAPORE, April 30, 2026 /PRNewswire/ — Meridian Singapore Immigration Pte. Ltd. has officially launched its new website at meridianimmigration.sg, a resource built specifically for foreigners living and working in Singapore who are exploring Permanent Residency or long-term residency options.

The platform arrives at a time when Singapore’s expatriate and foreign professional community is growing rapidly, yet many EP and S Pass holders report struggling to find clear, reliable information on the PR application process. Singapore’s immigration framework is among the most structured in Southeast Asia, with eligibility criteria, documentation requirements, and submission windows that change frequently. For individuals navigating this process without professional guidance, the stakes are high and the margin for error is narrow.

Meridian’s website was built to address that gap directly. The platform offers detailed explanations of available immigration pathways, structured consultation options, and educational resources developed by the firm’s team of immigration specialists. Rather than presenting a services catalogue, the site walks users through the considerations relevant to their specific situation, whether they hold an Employment Pass, S Pass, or are planning for their family’s long-term residency in Singapore.

“We built this platform because we saw how overwhelming and confusing the immigration process can be for people who genuinely want to build their lives here,” said a spokesperson for Meridian Singapore Immigration. “Our goal is to be the trusted partner that walks them through every step with clarity and integrity.”

Singapore’s continued attractiveness as a regional hub for multinational corporations, financial institutions, and technology firms means the pipeline of foreigners seeking long-term residency options remains substantial. At the same time, the ICA’s PR application framework has grown more nuanced, with factors such as economic contributions, family ties, and community integration weighed during assessment. Applicants who proceed without a clear understanding of these criteria often submit applications that are either premature or structurally incomplete.

Meridian’s approach centres on preparation and transparency, helping applicants understand where they stand before they apply and what supporting documentation strengthens their case.

Meridian Singapore Immigration Pte. Ltd. is a professional immigration consultancy dedicated to guiding individuals and families through Singapore’s immigration process. Specialising in Permanent Residency (PR) applications, residency pathways, and compliance support, Meridian offers clear, structured solutions tailored to each client’s unique circumstances. Founded on the values of Guidance, Integrity, and Success, Meridian is committed to making immigration simple, transparent, and accessible for everyone. For more information, visit meridianimmigration.sg or contact info@meridianimmigration.sg / +65 8873 1113.

View original content:https://www.prnewswire.com/apac/news-releases/meridian-singapore-immigration-launches-new-website-to-simplify-the-pr-application-journey-for-foreigners-in-singapore-302757392.html

SOURCE Meridian Singapore Immigration Pte. Ltd.

Technology

Socomec, Daitron team up to meet Japan’s growing power demands

Published

3 hours ago

April 30, 2026

TOKYO, April 30, 2026 /PRNewswire/ — Socomec, a century-old electrical group specialising in mission-critical energy, and Japan’s Daitron, an electronics components distributor, have signed a partnership to deliver power conversion solutions and service backup power and electrical-switching systems across Japan.

The deal combines Socomec’s equipment with Daitron’s on-the-ground engineering team, which has more than 74 years of experience in the Japanese market. The two companies will handle everything from project delivery to ongoing maintenance and spare parts.

The partnership covers three product areas: uninterruptible power supplies (UPS), which keep facilities running during outages; power conversion systems, which ensure the availability and continuity of high-quality energy; and static transfer switches, which automatically reroute power loads between sources without interruption.

Beyond equipment sales, the agreement includes training, spare parts, long-term service contracts and a full range of expert services covering prevention, measurement and analysis, consultancy, deployment and optimisation. Socomec will provide product and technical training to Daitron’s team, while Daitron handles installation, servicing and day-to-day client support in Japan.

The target market spans data centres, semiconductor plants, industrial facilities, hospitals and green buildings, all areas where even brief power interruptions can prove costly. Data center demand in particular is surging, driven by the rapid expansion of artificial intelligence infrastructure, with colocation and enterprise facilities among the primary targets.

“Daitron knows the Japanese market inside and out. They have the people, the relationships, and the hands-on experience, and we bring the technology to match,” said Socomec Asia-Pacific CEO O’Niel Dissanayake. “It’s a natural fit, and together we can offer something neither company could deliver alone.”

“Japan’s data centres, chip factories and industrial plants all require power systems they can count on,” said Masaharu Kato, corporate officer of Daitron. “Socomec’s technology is exactly what these customers need, and our job is to make sure it’s installed, maintained and supported properly. That’s what we do best.”

The partnership comes as Japan faces a step change in power demand. Electricity consumption is expected to grow 5.3% over the next decade, driven by data centres and semiconductor factories, according to the country’s grid operator. Industrial energy demand alone is forecast to rise 18.3% over the same period.

That growth is creating strong demand for reliable power infrastructure. Data centres, for example, run around the clock and cannot afford downtime, making backup power and efficient energy management essential. Socomec’s systems are designed to reduce power consumption without sacrificing reliability, a balance that is becoming increasingly important as operators look to manage both costs and environmental commitments.

Both companies say project planning and bids are already underway, with a long-term goal of expanding the partnership’s reach across Japan as demand grows.

About Daitron

Daitron Co., Ltd. is a Japanese engineering and trading company founded in 1952 and headquartered in Osaka. Listed on the Tokyo Stock Exchange (TYO: 7609), Daitron sells and manufactures electronic components, semiconductor processing equipment and power supply systems. The company has more than seven decades of experience serving Japan’s electronics and manufacturing industries.

SOCOMEC: When energy matters

Founded in 1922, SOCOMEC is an independent industrial group of more than 4,800 experts spread across the world in 30 subsidiaries. Our vocation: design, manufacture and sale of electrical equipment, with a strong expertize in critical power applications. In 2025, SOCOMEC achieved a turnover of 997 million euros (not yet audited).

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SOURCE Socomec

Technology

Multi-Destination Travel Surges Across Asia-Pacific This Labour Day, Trip.com Group Data Shows

Published

3 hours ago

April 30, 2026

Multi-city travel across Asia-Pacific grew 35% year-on-yearMulti-city travel outpaces single-destination growth by more than 2xSoutheast Asia sees strong double-digit growth, with Thailand up to 52% YoY

SINGAPORE, April 29, 2026 /CNW/ — Multi-city travel across Asia-Pacific grew 35% year-on-year this Labour Day period, according to data from Trip.com Group. Several Asia-Pacific markets including Japan, South Korea, parts of Southeast Asia and Mainland China celebrate Labour Day, driving strong cross-border and domestic travel flows across the region.

Over 30% of international trips now span multiple destinations, highlighting a continued shift towards more complex, itinerary-led travel. This shift reflects a growing preference to maximise time and value with multiple destinations within a single trip rather than a single location.

Multi-destination trips become a defining travel pattern

While single-destination travel continues to account for most bookings, growth is increasingly driven by more complex itineraries. Multi-destination bookings are growing at more than twice the pace of single-destination travel, reflecting stronger demand for flexibility and deeper exploration.

Travellers are increasingly structuring trips across multiple cities to maximise both time and value, with popular combinations including:

Tokyo – Osaka – Kyoto (Japan)Seoul – Busan (South Korea)Bangkok – Phuket (Thailand)

These itineraries reflect a growing preference for multi-stop journeys that blend urban experiences with leisure destinations.

Southeast Asia sees fast growth in multi-destination travel

Across Southeast Asia, demand for multi-destination travel is rising steadily, with strong growth across key markets of Thailand: 52%, Malaysia: 40%, and Singapore: 17%, according to Trip.com Group data.

Top outbound destinations across Southeast Asian markets include Japan (Tokyo, Osaka), South Korea (Seoul), China (Shanghai, Beijing), Thailand (Bangkok), Indonesia (Bali).

In other parts of Asia such as Hong Kong SAR, multi-destination travel also grew by over 50% year-on-year, highlighting growing preference for more complex itineraries over traditional single-destination trips, particularly in well-connected urban markets.

In Mainland China, domestic travel remains a strong base, while overseas journeys are increasingly shaped by multi-destination itineraries, with over 40% of outbound trips spanning multiple destinations and continuing to grow.

This suggests that travellers in this region are increasingly combining multiple cities within a single trip, supported by strong regional connectivity.

Japan’s domestic travel momentum on the rise

Japan is also seeing shifts in domestic travel behaviour, even as outbound demand continues to grow.

In Japan, domestic travel is growing rapidly, indicating rising interest in travelling within the country, accounting for one-quarter of all flight bookings, and to cities such as Tokyo, Sapporo and Okinawa.

Intra-Asia travel dominates Labour Day demand

The Labour Day holiday period continues to be driven by regional travel within Asia-Pacific, with travellers favouring destinations that offer ease of access, diverse experiences, and flexible itineraries.

The Group’s data highlights the continued strength of short-haul travel, supported by strong connectivity and shorter flight durations.

More broadly, the way people travel across Asia-Pacific is evolving. Travellers taking a more deliberate approach to how they plan their trips. While cross-border journeys are increasingly shaped by multi-city itineraries, domestic travel remains a strong and steady part of the landscape. Together, these patterns point to a more flexible and value-conscious mindset, as travellers look to make the most of both time and budget.

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.