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Bosonic and Sound Money Solutions Partner to Advance Non-Custodial Digital Asset Settlement

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12 months ago

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The Partnership Aims to Eliminate Custodial Risks and Reinvent Digital Asset Trading Infrastructure.

DUBAI, UAE, April 29, 2025 /PRNewswire/ — Bosonic and Sound Money Solutions today announced their joint commitment to advancing the non-custodial and multi-custodial settlement framework to prevent the next FTX and ByBit breach. This partnership aims to eliminate systemic risks inherent in traditional custodial models, ensuring investors retain full control over their assets while accessing global liquidity.

Centralized exchanges have long posed existential risks to participants. Single points of failure, counterparty exposure, and other factors have culminated in billions lost to hacks, fraud, and insolvency. 

“The current model is unsustainable,” said Rosario Ingargiola, CEO and Founder of Bosonic. “ByBit’s breach underscores a dire truth: custodial exchanges are honeypots for hackers. We must build infrastructure that removes reliance on third parties entirely—and this partnership with Sound Money Solutions delivers that future”.”Self-custody isn’t optional—it’s essential,” stated Max Hillebrand, Co Founder and Head of Security at Sound Money Solutions. “Our goal is to empower every participant, from retail traders to institutions, with the tools and expertise to control their assets confidently. Whether you’re a retail trader or an institution, you deserve tools that let you control your assets and thrive in confidence. Our partnership with Bosonic moves us closer to a future free from fear of insolvencies, hacks, and mismanagement”.

Bosonic’s blockchain-based platform revolutionizes trading by ensuring assets never leave user-controlled custodians. Key innovations include:

Real-Time, On-Chain Ownership: Users retain direct control over assets; no pre-funding required.Atomic Settlement: Trades settle instantly and securely across multiple custodians, eliminating credit risk.Cross-Custodian Net Settlement: Reduces settlement friction through seamless, trustless coordination between custodians.

Sound Money Solutions complements Bosonic’s infrastructure by delivering end-to-end self-custody solutions:

Key Management & Governance: Custom frameworks for secure private key storage.Disaster Recovery: Step-by-step protocols for compromised keys or lost access.

Together, Bosonic and Sound Money Solutions are urging systemic change:

Investors must demand platforms that guarantee real-time ownership transparency and self-custody support.Custodians should integrate infrastructure enabling clients to access liquidity without surrendering control.Exchanges must adopt non-custodial settlement frameworks to rebuild trust and reduce liability.Industry Stakeholders must act preemptively to address risks before the next crisis—not after.

This partnership aims to forge a decentralized, resilient ecosystem that honors a future free from centralized failures, hacks, and mismanagement.

Whether users are traders, exchanges, custodians, or market makers, Bosonic and Sound Money solutions invite them to learn how they can help to maintain control of their assets while accessing the global liquidity they need. 

To learn more about this partnership, visit Sound Money Solutions.  

For media inquires, users can contact 21M Communications at phil@21mcommunications.com.  

About Sound Money Solutions

Sound Money Solutions empowers individuals and enterprises with holistic self-custody solutions, including secure key management disaster and recovery protocols. Their mission is to make self-custody accessible, efficient, and risk-free for all participants. Sound Money Solutions is built on the belief that Bitcoin is more than technology—it’s a pathway to true independence. Sound Money Solutions guides individuals and businesses in securing their Bitcoin and navigating its evolving potential with confidence and expertise. For consultation on securing self-custody, users can visit soundmoneysolutions.io.

About Bosonic

Bosonic, Inc. is a developer of financial market technology solutions designed to facilitate the trading, netting, clearing, and settlement of all assets. Its technology focuses on eliminating counterparty credit and settlement risk without relying on central counterparties or balance sheet-dependent credit intermediaries. Bosonic Securities, a subsidiary of Bosonic Inc., is an SEC-registered broker-dealer and operates an Alternative Trading System (ATS) for trading equity, debt, and digital asset securities. Users can visit Bosonic’s website and Bosonic Securities’ website for more information.

Contact:
Founder & CEO
Phil LeRoy
21M Communications
phil@21mcommunications.com 

Photo – https://mma.prnewswire.com/media/2674469/Bosonic_Sound_Money_Solutions.jpg

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SOURCE Bosonic; Sound Money Solutions

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Hexagon Interim Report 1 January – 31 March 2026

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10 minutes ago

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April 23, 2026

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STOCKHOLM, April 23, 2026 /PRNewswire/ —

First quarter 2026

Continuing operations

Operating net sales of 963.8 (961.5) resulting in organic growth of 8%Net sales including acquired deferred revenue amounted to 963.6 MEUR (961.5)Adjusted gross earnings of 606.3 (619.1) resulting in a 62.9% (64.4) gross marginAdjusted operating earnings (EBIT1) of 251.3 MEUR (248.7) resulting in a 26.1% (25.9) EBIT1 marginAdjusted earnings per share of 6.7 Euro cent (6.5)Earnings per share of 58.4 Euro cent (5.0)Cash conversion of 77% (60)Recurring revenue of 289.9 MEUR (308.0), 6% organic growthOctave reported operating net sales of 327.2 MEUR (361.3) and adjusted operating margin of 25.2% (26.6)Adjusted earnings per share including discontinued operations of 9.1 (9.4)Earnings per share including discontinued operations of 59.9 Euro cent (7.0)

For further information, please contact:
Tom Hull, Head of Investor Relations, +44 (0) 7442 678 437, ir@hexagon.com
Anton Heikenström, Investor Relations Manager, +46 8 601 26 26, ir@hexagon.com

This is information that Hexagon AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08:00 CET on 23 April 2026.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/hexagon/r/hexagon-interim-report-1-january—31-march-2026,c4338783

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View original content:https://www.prnewswire.com/news-releases/hexagon-interim-report-1-january—31-march-2026-302751432.html

SOURCE Hexagon

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Dragonpass Empowers Financial Institutions with End-to-End Loyalty Solutions at Money20/20 Asia

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10 minutes ago

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April 23, 2026

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BANGKOK, April 23, 2026 /PRNewswire/ — Dragonpass, a leading global travel and lifestyle platform, participated in Money20/20 Asia, showcasing its customer loyalty solutions for banks, payment providers, credit card issuers, and fintech companies across APAC and globally.

As one of the most influential fintech events worldwide, Money20/20 Asia gathers decision-makers across the financial ecosystem. At the event, Dragonpass demonstrated how financial institutions can enhance customer engagement and build long-term loyalty through integrated travel and lifestyle experiences.

Established in 2005, Dragonpass has evolved from a lounge provider into a loyalty solutions partner, serving more than 800 global clients and over 40 million members worldwide.

At the core of Dragonpass is a business structure that combines global supply aggregation, a technology-enabled engagement platform, and consumer-facing lifestyle services — providing a one-stop solution across the customer lifecycle.

Leveraging data-driven insights, Dragonpass enables partners to design and optimise loyalty programs, incorporating customer segmentation and tiered incentive structures, alongside curated campaigns and entitlement configuration — driving more effective customer activation, engagement, and retention.

Its offering includes a broad portfolio of travel and lifestyle benefits such as airport lounge access, fast-track, dining, airport transfers, and lifestyle experiences. These are supported by flexible delivery models, including API integration, white-label solutions, and ready-to-deploy digital platforms, enabling seamless integration into clients’ customer journeys.

As customer expectations evolve, the industry is shifting from standardized benefits to more personalized, experience-led loyalty models. Insights from Dragonpass’s Loyalty Index show that customers increasingly value trust, rewards, simplicity, recognition, and exclusivity, with preferences varying across markets.

“Financial institutions today are looking for more effective ways to engage customers beyond traditional rewards,” said Jane Zhu, Co-founder and CEO of Dragonpass. “User engagement is at the core of loyalty, and technology — especially AI — plays a key role in enabling deeper and more relevant customer connections.”

Dragonpass works with leading global brands including Mastercard, Visa, HSBC, and Revolut, supporting them deliver differentiated value propositions and enhance customer engagement through scalable, customizable solutions.

Through its participation at Money20/20 Asia, Dragonpass aims to strengthen its presence in the APAC market and build strategic partnerships with organizations seeking to elevate their customer engagement strategies.

About Dragonpass

Dragonpass is a global travel and lifestyle platform providing premium airport and travel experiences across 140+ countries. By integrating global supply and technology, Dragonpass enables partners to deliver seamless, personalized experiences and drive customer loyalty.

Media Contact

Dragonpass PR
Email: brandmarketing@dragonpass.com
Website: www.dragonpass.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/dragonpass-empowers-financial-institutions-with-end-to-end-loyalty-solutions-at-money2020-asia-302751442.html

SOURCE Dragonpass

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SBI Life Insurance registers New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026

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10 minutes ago

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April 23, 2026

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MUMBAI, India, April 23, 2026 /PRNewswire/ — SBI Life Insurance, one of the leading life insurers in the country registered a New Business Premium of ₹42,551 crores for the year ended on 31st March, 2026 vis-a-vis ₹35,577 crores for the year ended 31st March, 2025. Single premium has increased by 28% over the year ended on 31st March, 2025.

Establishing a clear focus on protection, SBI Life’s protection new business premium stood at ₹4,622 crores for the year ended 31st March, 2026, marking a growth of 13%. Protection Individual new business premium registered a growth of 23% and stood at ₹973 crores for the year ended 31st March, 2026. Individual New Business Premium stands at ₹29,783 crores with 13% growth over the year ended on 31st March, 2025.

SBI Life’s profit after tax stands at ₹2,470 crores for the year ended 31st March, 2026 with a growth of 2% over the year ended on 31st March, 2025.

The company’s solvency ratio continues to remain robust at 1.90 as on 31st March, 2026 as against the regulatory requirement of 1.50.

SBI Life’s AUM also continued to grow at 9% to ₹4,87,163 crores as on 31st March, 2026 from ₹4,48,039 crores as on 31st March, 2025, with the debt-equity mix of 62:38. 94% of the debt investments are in AAA and Sovereign instruments.

The company has a diversified distribution network of 3,58,506 trained insurance professionals and wide presence with 1,230 offices across the country, comprising of strong bancassurance channel, agency channel and others comprising of corporate agents, brokers, Point of Sale Persons (POS), insurance marketing firms, web aggregators and direct business.

Performance for the year ended March 31, 2026

Private Market leadership in Individual New Business Premium and Individual Rated Premium with market share of 25.5% & 22.9% respectively.Annualized Premium Equivalent (APE) stands at ₹ 24,266 crores with growth of 13%Individual New Business Sum Assured stands at ₹ 4,46,337 crores with 61% growthImprovement in 13M & 49M persistency by 53 bps & 107 bps respectivelyValue of New Business (VoNB) stands at ₹ 6,667 crores with growth of 12%VoNB Margin stands at 27.5%Indian Embedded value (IEV) stands at ₹ 80,791 crores with 15% growthProfit After Tax (PAT) stands at ₹ 2,470 crores with 2% growthOperating Return on Embedded Value stands at 19.7% Assets under Management stands at ₹ 4,87,163 crores with 9% growthRobust Solvency ratio of 1.90

Logo: https://mma.prnewswire.com/media/2672544/SBI_Life_25_Years_Logo.jpg

 

View original content:https://www.prnewswire.com/in/news-releases/sbi-life-insurance-registers-new-business-premium-of-42-551-crores-for-the-year-ended-on-31st-march-2026–302751447.html

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