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Crossover Markets Launches CROSSx Disclosed

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CROSSx Disclosed Delivers Low Cost, Low Latency Performance to Relationship Based Trading in Spot Cryptocurrency

CROSSx Disclosed Connects Institutions to 30+ Market Makers with Robust Post Trade Connectivity to Prime Brokers such as Ripple Prime and Bitgo Prime

WILMINGTON, Del., May 13, 2026 /PRNewswire/ — Crossover Markets (“Crossover”), the institutional digital asset trading technology firm who operates the fastest matching engine in cryptocurrency trading, today announced the official launch of CROSSx Disclosed. Through Disclosed, CROSSx provides institutional participants the flexibility to build custom liquidity pools by selecting from more than 30 OTC liquidity providers. Institutions can leverage CROSSx’s API adapters to connect directly with these counterparties and negotiate spreads, depth, and settlement terms. Additionally, participants can leverage post trade integrations between CROSSx and prime brokers such as Ripple Prime and BitGo Prime to net settle all activity across the platform while maintaining direct, liquidity management relationships with market makers.

CROSSx Disclosed also delivers low cost trading with a dynamic rate card built off the success of CROSSx anonymous trading. CROSSx Disclosed charges zero up-front fees and does not assess monthly minimums. Instead, participants on CROSSx tally their volumes across the entire ecosystem, be it disclosed, undisclosed, maker, or taker, and benefit in fee reductions based on total activity.

“CROSSx Disclosed is a natural and complementary evolution of our anonymous marketplace,” said Brandon Mulvihill, Co-Founder and CEO of Crossover Markets. “Demand is sky high for high performing, low latency systems that provide connectivity across the ecosystem, and CROSSx delivers this in spades, with single digit microsecond matching and the ability to execute 1 million orders per second. The game changer here is that CROSSx connectivity spans across prime brokers, notably Ripple Prime where CROSSx Disclosed clients can access 30+ makers while net settling with Ripple Prime, thus materially driving down total costs to trade.”

Built on the success of CROSSx, the industry’s first ECN and first-ever execution-only trading venue, CROSSx Disclosed aims to deliver the world’s most robust order routing functionality, which measures liquidity providers’ real time behavioral characteristics such as fill ratios, response times, and market impact. Where CROSSx Anonymous brought to market a best-in-class venue in mitigating market impact, CROSSx Disclosed aims to deliver best-in-class price discovery with the majority of liquidity providers cross connected to CROSSx in Equinix LD4, Equinix NY4, or AWS Tokyo. CROSSx Anonymous and Disclosed are supported by Crossover’s primary prime broker Ripple Prime.

“As traditional and digital finance converge, institutions require market infrastructure that meets the same bar of neutrality, governance, and risk controls to which they are accustomed,” said Michael Higgins, International CEO of Ripple Prime. “CROSSx Disclosed enables institutions to net settle all activity through Ripple Prime while maintaining direct relationships with their market makers, delivering necessary operational flexibility and capital efficiency without new counterparty risk. We’re proud to continue our longstanding partnership with Crossover and to deliver a best-in-class trading experience to our shared clients.”

Key features of CROSSx Disclosed include:

Global Access: Available in LD4, NY4, and AWS Tokyo, with TY3 joining soon to broaden global reach.Commercial Model: Non-SaaS, commission-based, pay-as-you-go model, with stablecoin versus fiat commissions waived for all taker participants. Commissions start at 1 bps and scale down to 0.5 bps for higher volume clients.Settlement Options: Flexible settlement through Ripple Prime, BitGo, or Bilateral, providing choice and control for institutions.Instrument Coverage: Approximately 200 symbols are currently available with more to be added by request.Price Stream Flexibility: Participants can choose aggregated or unaggregated price streams, aligning visibility with their execution strategy.Advanced Order Types: Users benefit from CROSSx’s customizable Smart Order Matching logic in addition to a suite of advanced order types such as pegged, iceberg, dark, flash and post-only, in addition to Market and Limit with IOC, FOK, DAY and GTC – Time in Force.Connectivity: Institutions can connect seamlessly via FIX API, REST, or GUI, supporting both automated and discretionary trading.

“Institutional participants benefit from greater control combined with price transparency, speedy execution, and efficient settlement,” said Thomas Restout, CEO of B2C2.  “CROSSx Disclosed aims to deliver these efficiencies, and B2C2 is contributing to this ecosystem as a core market maker. Our rates, deep order books, and robust risk profile continue to make us a liquidity provider of choice within this innovative new trading environment.”

“Market structure in digital assets is moving toward a more continuous, connected and institutionally aligned model,” said Michael Lie, Global Head of Digital Assets at Flow Traders. “CROSSx Disclosed supports this shift by combining high-performance execution with direct access to multiple liquidity providers and efficient post-trade integration, which are key to scaling institutional participation.”

“As a significant market maker in digital assets across spot, futures and ETF markets, Virtu provides genuinely unique pricing to the OTC markets,” said Scotte Moegling, Head of Business Development for Digital Assets at Virtu Financial. “The CROSSx Disclosed platform provides transparency and enhanced technological performance that will enable Virtu to expand our connectivity to global participants while customizing our pricing based on counterparty profile and need.”

“Da Vinci Trading has been at the forefront of algorithmic market making across global traditional derivatives markets and digital asset markets for over a decade,” said Erik Lubach, Head of Business Development at Da Vinci Trading. “We are deliberate about the venues where we deploy our own capital, supporting deep, high-quality liquidity with transparency and integrity. CROSSx Disclosed stands out for the right reasons — microsecond execution, genuine price transparency, and a post-trade framework that meets the standards we expect. We’re glad to be part of this ecosystem that benefits all market participants.”

“CROSSx Disclosed brings transparency and efficiency to the market. The infrastructure in place provides a solid platform for institutional clients and liquidity providers,” said Nikita Masyukov, CEO of Alber Blanc. “Stelaxis, Alber Blanc’s OTC spin-off, will provide liquidity on CROSSx Disclosed. Stelaxis’s best-in-class liquidity provision will enable clients to trade the full spectrum of coins at tight spreads and low costs.”

About Crossover Markets
Crossover Markets is a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets. CROSSx, the company’s execution-only cryptocurrency Electronic Communication Network (ECN), is powered by the industry’s fastest and most advanced matching engine and includes order logic that enables clients to choose with whom they want to trade. Led by a team with decades of FX trading, prime brokerage technology and artificial intelligence experience, Crossover is ushering in the next big wave of institutions in the crypto market. For more information, visit www.crossovermarkets.com.

Media Contact
crossovermarkets@gasthalter.com

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SOURCE Crossover Markets

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Teleste Launches 1.8 GHz AC Series Amplifiers to Support Today’s Networks and Tomorrow’s Needs

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New AC1800 and AC2800 allow cable operators to renew 1.2 GHz amplifier sites today while keeping the option to move to 1.8 GHz later-without rework.

TURKU, Finland, May 13, 2026 /PRNewswire/ — Teleste today announced the launch of AC1800 and AC2800, two compact 1.8 GHz broadband amplifiers designed for European cable operators renewing their active networks for higher capacity and superior service quality.

Across Europe, network evolution is already happening before full frequency migration. 1.8 GHz RF passives are being deployed not only in 1.8 GHz networks, but also in networks that still operate at 1.2 GHz. AC1800 and AC2800 bring the same logic to the active plant: operators can renew amplifier locations for today’s 1.2 GHz requirements while installing 1.8 GHz downstream capability from day one.

For operators with a clear 1.8 GHz roadmap, the new AC Series is a visible upgrade. For operators still deciding when – or even whether – to make the next frequency step, it is a stealthgrade: ordinary amplifier renewal that quietly puts the next spectrum option in place.

“The question is no longer whether the next amplifier should be 1.2 GHz or 1.8 GHz,” said Mika Kavanti, Head of Sales at Teleste Networks in Europe. “When a 1.8 GHz amplifier is also an excellent choice for demanding 1.2 GHz networks, the decision becomes much simpler: renew once, keep both options open.”

Designed for European street cabinets, AC1800 and AC2800 combine high RF performance, compact mechanics, controlled power consumption and rugged outdoor reliability. They bring 1.8 GHz capability into the space, power, and thermal conditions that operators already manage every day.

The amplifiers also include smart functions as standard. Automatic control features are built into the product, while an optional transponder can be added when remote communication and network management access are required.

Early customer engagement indicate strong interest in the new AC Series, with first customer deployments planned for 2026.

At ANGA COM in Cologne, visitors can explore Teleste’s new 1.8 GHz-ready amplifiers alongside its 1.8 GHz passive portfolio at Teleste stand C12, Hall 8.

About Teleste

Teleste Oyj (HEL: TLT1V) offers an integrated portfolio of products and services that helps build and run a better-networked society. Our solutions deliver broadband and television services, enhance safety in public places, and support the use of public transport. With solid industry expertise and a strong drive for innovation, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. Teleste is listed on Nasdaq Helsinki.

For more information, please visit www.teleste.com 

Media Inquiries

Teleste – Linda Kallas, SVP, Communications, linda.kallas@teleste.com

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Top Racing Drivers Lead Global Challenge to Crown the World’s Smartest Driver

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The FIA has announced 11 professional racing drivers as ambassadors for the 2026 season of the FIA Smart Driving Challenge (FIA SDC)Through the FIA SDC app, the ambassadors will lead global teams, helping drivers improve safety and sustainability on the road while competing to be named the World’s Smartest DriverPowered by Greater Than’s AI technology, drivers worldwide can compete individually and as part of a team led by one of the world’s top racing drivers

STOCKHOLM, May 13, 2026 /PRNewswire/ — Greater Than’s partner, the Fédération Internationale de l’Automobile (FIA), the global governing body for motor sport and the federation for mobility organizations worldwide, today announced 11 professional drivers from the world of motor sport as ambassadors for the 2026 season of the FIA Smart Driving Challenge (FIA SDC). 

Hailing from across the world of motor sport including four of the FIA’s World Championships, the drivers include:

Yifei Ye, FIA World Endurance ChampionshipEdoardo Mortara, ABB FIA Formula E World ChampionshipYohan Rossel, FIA World Rally ChampionshipTaylor Gill, FIA World Rally ChampionshipRomet Jürgenson, FIA World Rally ChampionshipHana Burton, Racing Driver and Content CreatorAliyyah Koloc, FIA World Rally-Raid ChampionshipKelvin van der Linde, DTM, GT World Challenge Europe powered by AWS, Intercontinental GT ChallengeMalthe Jakobsen, FIA World Endurance ChampionshipKajetan Kajetanowicz, FIA World Rally ChampionshipTymek Kucharczyk, INDY NXT by Firestone

Sharing their expertise from the pinnacle of motor sport, the ambassadors will lead teams of everyday drivers participating in the challenge through the FIA SDC app, and their social platforms, to inspire their team to climb the global leaderboard.

Now in its eighth year, the FIA SDC is a challenge that rewards smart, safe and eco-friendly driving, with everyday drivers from around the world competing to help make roads safer and reduce environmental impact. Led by the FIA and powered by Greater Than’s AI technology, drivers simply download the FIA SDC app and connect to their car via Bluetooth, and the app does the rest, measuring safety and sustainability performance and providing drivers with scores and feedback to support lasting behavior change.

Participants can now join their chosen ambassador’s team in the FIA SDC app, gaining access to exclusive content and insights from their driver of choice, as well as key stats on their individual and team performance.

“The FIA Smart Driving Challenge is unique in uniting everyday drivers with leading figures from the world of motor sport to help deliver safer, more sustainable mobility worldwide,” said Willem Groenewald, FIA Secretary General for Automobile Mobility, Sustainability and Tourism. “By combining the latest AI technology with the expertise of elite drivers, this challenge is empowering individuals to turn small changes behind the wheel into a big difference on the road.”

“It’s fantastic to see the continued momentum behind the FIA Smart Driving Challenge,” said Johanna Forseke, CEO at Greater Than. “The impressive results we see year-on-year are proof that the initiative resonates with the everyday driver. With a new ambassador line-up adding fresh energy to the challenge, it is well positioned to engage more drivers and have an even bigger impact globally.”

Last season, drivers from 97 countries took part in the FIA SDC, with an average reduction in battery usage or CO2 emissions of 9%, increasing to almost 30% for the winning driver. Throughout the season, participants also drove with a 37.5% lower risk level than the average driver.*

Running until December 2026, the FIA SDC features seven heats. The top 20 drivers qualify for the Playoffs, competing for two places in the live head-to-head Grande Finale in December. The winner will be crowned the World’s Smartest Driver.

*The climate impact and risk reduction is calculated based on Greater Than’s AI technology. The data of each trip is analyzed and transformed into a unique pattern profile which is then compared to a database of over 7 billion profiles to evaluate performance against the average driver.

Press contact Greater Than
PR@greaterthan.eu
+46 855 593 200
www.greaterthan.eu

Press contact the FIA
George Mitchell, Mobility Communications Officer: gmitchell@fia.com
Laure Mercier Roussel, Head of Mobility Communications: lmercier@fia.com

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Summit Dialogue with CGTN | Kaban: AI Reshapes Design, China Stands at the Global Frontier

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SHANGHAI, May 13, 2026 /PRNewswire/ — “The epicenter of change in the automotive industry is shifting to China!” Recently, Jozef Kaban, Global Design Vice President of the Design Center at SAIC Motor R&D Innovation Headquarters, made a pivotal statement in an exclusive interview on CGTN’s The Point with Liu Xin. He highlighted that the global automotive design landscape has entered a new era of transformation, and strongly affirmed that the Roewe JiaYue lineup has become the industry benchmark for China’s AI-driven automotive design.

The Roewe JiaYue sequence is the world’s first AI-native vehicle series co-created by Roewe and Volcano Engine. As the opening model of this sequence, the JiaYue 07 Concept is equipped with the Doubao Large Model 2.0 and the industry-first CPP AI-native technical architecture. Designed under the leadership of Jozef Kaban, it adopts the “Uplift Aesthetics” design philosophy, aligning perfectly with the expectations of family users. Boasting cutting-edge AI technology and original design aesthetics, the JiaYue 07 Concept stands as a trailblazing global achievement in the AI era, truly embodying the rise of China’s AI-powered automotive industry!

A Global Design Maestro Joins SAIC, Ushering in a New Era of Forward-Thinking Design in the AI Era

Dr. Jozef Kaban holds a doctorate in Transportation Design from the Royal College of Art in London. He is not only the designer behind the Bugatti Veyron supercar but has also served as Design Director for premium brands including BMW and Rolls-Royce, earning him the reputation as “Automotive Design Genius of the 21st Century.” Joining SAIC Motor in 2024, the Roewe JiaYue 07 Concept marks his latest masterpiece.

When asked about his reason for joining SAIC, he stated: “SAIC is truly an ideal platform for creative expression. Its scale, capabilities, and overall mindset are perfectly aligned.” SAIC’s open global design platform, deep expertise in the family vehicle market, and the Roewe JiaYue AI-native vehicle sequence developed in partnership with Volcano Engine have empowered him to help define the next generation of global automotive design rules.

Reshaping Global Aesthetic Influence: Automotive Design Looks Increasingly to China in the AI Era

Talking about future industry trends, Jozef Kaban pointed out: “The automotive industry is undergoing tremendous transformation, and the epicenter of this evolution is increasingly shifting toward China.” In his view, his choice of China stems from the country’s inclusiveness toward creativity, cultural openness, and efficient execution and responsiveness. China Speed and the inclusive, open Chinese culture have provided solid support and ample room for growth for automotive design.

Looking back on his original aspiration in design and his decision to take root in China, Kaban said: “My life has always been built on constant change. I have chased one dream all my life — to keep striving for excellence. It is not only about creating products, but also enriching life experiences and turning them into joy to share with others. Therefore, my move to China may seem a big leap, but it is actually a natural choice.” Upholding such original aspiration, the international design maestro regards China as an important milestone in his design career. His design dream takes root and thrives anew in China. Meanwhile, the Roewe JiaYue 07 Concept is hailed as Kaban’s “second entrepreneurial venture.”

Helming the design of the JiaYue 07 Concept, Setting a Benchmark for AI-native Design

As an AI-native automotive design work led by Jozef Kaban, the JiaYue 07 Concept stands as the core focus of this exclusive interview. Talking about the design philosophy, Kaban stated: “We are in a transitional era of new energy and AI technology development. People embrace innovative technologies with growing confidence and an open mind. Against this backdrop, we embraced change proactively and created the poised and uplifting JiaYue 07 Concept for family users. It delivers a strong sense of space and proportion, while embodying protection for family travel, fully meeting Chinese families’ expectations for future mobility.”

In the AI era, Roewe has partnered with Volcano Engine to develop CPP, the industry’s first AI-native technical architecture, and launched the world’s first AI-native vehicle series — JiaYue, leading a new track of intelligent vehicles. The JiaYue 07 Concept embodies international design maestro Jozef Kaban’s years of design experience and Roewe’s two-decade heritage in family vehicles. Breaking away from homogenized aesthetics, it adopts a stately, commanding posture to deliver a sense of safety and dignity. It redefines a superior vehicle in the AI era from three dimensions: appealing appearance, easy drivability and practical usability, truly living up to its positioning — Born of AI, For Family Journeys.

This authoritative exclusive interview with CGTN has highlighted the benchmark status of Roewe JiaYue in China’s AI automotive design sector, and reflected the industry trend that the world looks to China for automotive design in the AI era. Going forward, under the leadership of Jozef Kaban and his team, Roewe JiaYue will solidify its position as the benchmark of China’s AI automotive design with original aesthetics, present design language that better caters to Chinese family travel needs, and continuously showcase the design strength and national confidence of China’s automotive industry to the world.

It is reported that the production version of the Roewe JiaYue 07, designed under the leadership of Kaban, will be unveiled to the public in June, exceeding Chinese family users’ expectations for intelligent mobility.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/summit-dialogue-with-cgtn–kaban-ai-reshapes-design-china-stands-at-the-global-frontier-302770648.html

SOURCE SAIC Motor

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