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Plaza Finance Launches First Programmable Derivative Tokens on Base: bondETH and levETH

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Initially unlocking new innovative Ethereum investment strategies on Base, Plaza Finance also unveils new partnership with Layer Zero for future cross-chain expansion

NEW YORK, April 29, 2025 /PRNewswire/ — Plaza Finance, the pioneering platform for on-chain bonds and leverage, is today launching its core protocol on Base, introducing the first programmable derivative tokens to the network: bondETH and levETH. These assets unlock novel strategies for yield generation and leveraged exposure to Ethereum within the decentralized finance (DeFi) ecosystem.

Catering to the risk-conscious DeFi user seeking consistent and predictable returns, bondETH grants holders a fixed USDC income stream derived from a diversified pool of staked and restaked Ethereum liquid staking tokens (LSTs and LRTs).

For the long-term ETH bull, levETH provides leveraged exposure to Ethereum without the constant threat of liquidation. By removing some of the key risks associated with traditional leveraged trading on perpetual futures exchanges and lending protocols, levETH empowers users to more confidently amplify their exposure to Ethereum’s growth potential, fostering sustained and robust participation in the asset’s upward trajectory.

The current DeFi landscape suffers from limited investment product diversity, often skewing towards short-term leveraged trading and trapping user funds within specific platforms. Programmable derivatives are crucial to overcoming these limitations by enabling the creation of tailored financial instruments.

Following strong community interest demonstrated by 600k testnet users and $1.5m in early deposits, this launch signifies a significant leap forward in the utility of staked and restaked ETH. The underlying assets backing bondETH and levETH actively contribute to Ethereum’s economic security through staking and restaking. At the same time, investors benefit from liquid tokens that seamlessly integrate into the broader DeFi landscape. Programmable derivatives like bondETH and levETH combine the benefits of liquid staking and restaking with customizable risk and reward profiles, catering to a diverse range of investor strategies.

To further amplify the utility and accessibility of bondETH and levETH, Plaza Finance has forged a strategic partnership with Layer Zero, the industry-leading omnichain interoperability protocol renowned for its battle-tested speed and security. This collaboration will enable the efficient and secure expansion of Plaza Finance’s innovative derivatives to additional blockchain networks, broadening their reach and impact across the multi-chain DeFi landscape.

Ryan Galvankar, Founder of Plaza Finance, said, “This launch is the culmination of extensive development and rigorous testing, empowering a global user base to securely access high-quality decentralized assets and solidifying Plaza Finance at the forefront of DeFi innovation. At Plaza Finance, we believe in open access, global liquidity, and incentive-aligned fee markets. Programmable derivatives are the next wave of global capital markets infrastructure. We’re just getting started.”

Building on its $2.5m pre-seed round led by Anagram Ventures in 2024, the launch of bondETH and levETH solidifies Plaza Finance’s position in DeFi and sets the stage for future expansion with bondBTC, levBTC, along with derivatives on SOL and real-world assets (RWAs), broadening on-chain utility.

Disclaimer
Products like bondETH and levETH can result in significant gains or losses. Cryptocurrency investments carry risks. Please perform your own due diligence and consult with a financial advisor if necessary before investing.

About Plaza Finance
Plaza Finance is the public square for on-chain bonds and leverage, building innovative programmable derivative protocols. Through tokenized vault structures that enable any risk-return profile to be created on any asset, users are empowered with novel strategies for yield generation and asset exposure within the decentralized finance ecosystem. For more information, please visit https://www.plaza.finance/

View original content:https://www.prnewswire.co.uk/news-releases/plaza-finance-launches-first-programmable-derivative-tokens-on-base-bondeth-and-leveth-302441578.html

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2026 Vietnam-China Cross-Border Tourism AI Empowerment Cooperation Exchange Program Concludes in Nanning

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NANNING, China, April 19, 2026 /PRNewswire/ — This is a report from china-asean-media.com.

The 14-day “2026 Vietnam-China Cross-Border Tourism AI Empowerment Cooperation and Exchange Program” successfully concluded on April 19 in Nanning, Guangxi. Co-hosted by the Department of Culture and Tourism of Guangxi Zhuang Autonomous Region (China) and the Departments of Culture, Sports, and Tourism of Quang Ninh, Lang Son, Cao Bang, and Tuyen Quang provinces (Vietnam), the event brought together nearly 30 tourism officials and industry representatives from the four Vietnamese localities.

With the theme “Vietnam-China AI + Cross-Border Tourism Exchange and Cooperation,” the program combined expert lectures, case studies on AI applications, and field visits. Participants gained insights into ASEAN-China tourism policies, AI-driven cross-border cooperation models, and smart tourism technologies. Hands-on training enabled them to use AI tools for decision-making, product development, and destination branding.

The delegation conducted field studies in Nanning, Liuzhou, Guilin, and Hechi. They visited the China-ASEAN AI Innovation and Cooperation Center, the “Easy Visit Guangxi” platform, the No. Wang Cultural Industrial Park, and the BAO JUN base, experiencing Guangxi’s smart, industrial, landscape, and wellness tourism offerings.

A meaningful part of the program was retracing President Ho Chi Minh’s revolutionary footsteps in Guangxi, including visits to the former site of Yucai School in Nanning, the former residence of Ho Chi Minh in Liuzhou, and the “September 2” School site in Guilin. On April 17, all participants attended the launch ceremony of the 2026 Vietnam-China Border People’s Carnival in Nanning, witnessing the deep friendship and mutual support between the border communities of both nations.

At the closing ceremony on April 18, a cross-border tourism product design competition was held. The team from Quang Ninh won the Best Design Award, while teams from Lang Son, Cao Bang, and Tuyen Quang received Excellence Awards. Mr. Lưu Bá Mạc, Vice Director of Lang Son’s Department of Culture, Sports and Tourism, praised the program for fostering practical cooperation and opening new directions for the “comrades and brothers” friendship between local authorities.

The program not only provided Vietnamese tourism professionals with valuable knowledge in AI and smart tourism but also laid a solid foundation for future cooperation in building shared tourism information platforms, developing smart products, and enhancing data connectivity. Both sides reaffirmed their commitment to advancing high-quality development of the cultural and tourism industry through AI, contributing to the strategic Vietnam-China community with a shared future.

View original content:https://www.prnewswire.com/apac/news-releases/2026-vietnam-china-cross-border-tourism-ai-empowerment-cooperation-exchange-program-concludes-in-nanning-302746589.html

SOURCE china-asean-media.com

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TCL Solar: Powering Pakistan with advanced solar module innovation

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LAHORE, Pakistan, April 19, 2026 /PRNewswire/ — TCL Solar made a strong impact at this year’s Solar Pakistan exhibition (17th-19th April, at Expo Centre Lahore) by unveiling a range of advanced solar solutions designed to meet the growing demand for low-carbon energy in South Asia and the Middle East.

The new T5 Pro solar module represents a major leap in N-type TOPCon technology, delivering breakthroughs in both conversion efficiency and power output. It is designed to be the new flagship product in the industry, offering enhanced performance and long-term value.

Key Highlights of the T5 Pro:

A unique product design: The T5 Pro specificity remains in its design architecture, with an overlapping tri-cut cell construction. This innovative structure significantly boosts the module’s performance, ensuring superior output and higher energy yield.

Product Reliability: The T5 Pro’s low-current technology ensures precise temperature control, with hotspot temperatures up to 45°C lower than conventional modules. This reduces the risk of fire hazards and improves overall module longevity. The module has also passed rigorous reliability tests, making it ideal for diverse applications, including commercial rooftops and ground-mounted power stations.

Customer Value: By enhancing energy generation and reducing project lifecycle costs, the T5 Pro provides a high return on investment for both residential and commercial solar applications.

TCL Solar’s Lightweight Module: Optimized for C&I Rooftops

TCL Solar’s Lightweight Module addresses the specific challenges faced by commercial and industrial (C&I) rooftops, particularly in areas with limited load-bearing capacity.

Improved Power Output: Weighing only 5.4 kg/m², these modules generate 3-6% more power compared to traditional TOPCon modules, offering a highly efficient solution for weight-sensitive environments.

Superior Heat Dissipation: The ultra-thin glass design enhances heat dissipation, lowers operating temperatures and reduces overall weight and making the modules ideal for aging rooftops or structures with limited structural integrity.

Building on the momentum at Solar Pakistan 2026, TCL SOLAR and TAIMOOR TRADING CO. have signed a Memorandum of Understanding (MOU), marking a key step in advancing solar energy solutions. This partnership aims to expand clean power access and drive sustainable development across Pakistan and beyond, with a shared focus on innovation and a low-carbon future.

Focusing on innovation, efficiency, and reduced environmental impact, TCL Solar continues to lead the way in solar technology in Pakistan and across the region, providing solutions that meet today’s energy needs while enabling measurable emissions reductions across the energy value chain.

As Pakistan embraces renewable energy, TCL Solar’s cutting-edge technologies will help drive the growth of low-carbon energy in South Asia and the Middle East.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tcl-solar-powering-pakistan-with-advanced-solar-module-innovation-302746579.html

SOURCE TCL Solar

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Technology

TCL Solar: Powering Pakistan with advanced solar module innovation

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LAHORE, Pakistan, April 19, 2026 /PRNewswire/ — TCL Solar made a strong impact at this year’s Solar Pakistan exhibition (17th-19th April, at Expo Centre Lahore) by unveiling a range of advanced solar solutions designed to meet the growing demand for low-carbon energy in South Asia and the Middle East.

The new T5 Pro solar module represents a major leap in N-type TOPCon technology, delivering breakthroughs in both conversion efficiency and power output. It is designed to be the new flagship product in the industry, offering enhanced performance and long-term value.

Key Highlights of the T5 Pro:

A unique product design: The T5 Pro specificity remains in its design architecture, with an overlapping tri-cut cell construction. This innovative structure significantly boosts the module’s performance, ensuring superior output and higher energy yield.

Product Reliability: The T5 Pro’s low-current technology ensures precise temperature control, with hotspot temperatures up to 45°C lower than conventional modules. This reduces the risk of fire hazards and improves overall module longevity. The module has also passed rigorous reliability tests, making it ideal for diverse applications, including commercial rooftops and ground-mounted power stations.

Customer Value: By enhancing energy generation and reducing project lifecycle costs, the T5 Pro provides a high return on investment for both residential and commercial solar applications.

TCL Solar’s Lightweight Module: Optimized for C&I Rooftops

TCL Solar’s Lightweight Module addresses the specific challenges faced by commercial and industrial (C&I) rooftops, particularly in areas with limited load-bearing capacity.

Improved Power Output: Weighing only 5.4 kg/m², these modules generate 3-6% more power compared to traditional TOPCon modules, offering a highly efficient solution for weight-sensitive environments.

Superior Heat Dissipation: The ultra-thin glass design enhances heat dissipation, lowers operating temperatures and reduces overall weight and making the modules ideal for aging rooftops or structures with limited structural integrity.

Building on the momentum at Solar Pakistan 2026, TCL SOLAR and TAIMOOR TRADING CO. have signed a Memorandum of Understanding (MOU), marking a key step in advancing solar energy solutions. This partnership aims to expand clean power access and drive sustainable development across Pakistan and beyond, with a shared focus on innovation and a low-carbon future.

Focusing on innovation, efficiency, and reduced environmental impact, TCL Solar continues to lead the way in solar technology in Pakistan and across the region, providing solutions that meet today’s energy needs while enabling measurable emissions reductions across the energy value chain.

As Pakistan embraces renewable energy, TCL Solar’s cutting-edge technologies will help drive the growth of low-carbon energy in South Asia and the Middle East.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/tcl-solar-powering-pakistan-with-advanced-solar-module-innovation-302746579.html

SOURCE TCL Solar

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