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MetaProp Reveals Startups Selected for 2025 Accelerator at Columbia University

MetaProp

The MetaProp Accelerator at Columbia University announced six new PropTech startups have been selected into its landmark tenth cohort. This prestigious 22-week program, hosted in the heart of New York City, continues to shape the future of real estate technology by connecting transformative startups with MetaProp’s unparalleled global network of investors, mentors, and industry leaders. The companies were chosen from a record 200+ applications from around the world. The 2025 MetaProp Accelerator at Columbia University’s tenth cohort includes: The startups' innovative solutions address urban sustainability through decarbonization and solar energy, aligning with regulations such as New York City’s Local Law 97. The tenth accelerator cohort also includes cutting-edge advancements in artificial intelligence to optimize building efficiency and construction technology aimed at increasing housing supply in the midst of a housing crisis, reflecting the sector’s commitment to driving meaningful and timely change. Participating entrepreneurs include a former Google executive, members of Brooklyn Navy Yard’s deep tech center NewLab, a Y Combinator graduate, and accomplished Harvard University, Stanford University, and University of Pennsylvania alumni. " As both a participating member of NYCEDC's Venture Access Alliance and a recipient of the NYC Catalyst Fund, MetaProp is at the forefront of real estate technology - uplifting startups to lead the way in sustainable urban innovation and decarbonization," said New York City Economic Development Corporation (NYCEDC) Chief Operating Officer Melissa Román Burch. " The success of the MetaProp Accelerator at Columbia University over the past decade is tangible throughout the five boroughs, and we look forward to the tenth cohort advancing cutting-edge technology and creating local jobs as they grow their businesses. " Since launching in 2015, 50 companies have participated in MetaProp acceleration programs. Graduates have raised over $200m in combined venture funding and have ultimately exited to industry leaders like JLL, Comcast, Realtor.com, and Alarm.com. MetaProp General Partner Zach Aarons commented, " As we celebrate the past decade of the MetaProp Accelerator at Columbia University, we are reminded of the incredible impact innovative PropTech solutions can have on making cities like New York more sustainable. This year’s cohort is uniquely positioned to tackle the challenges of decarbonization, energy use, and urban mobility, driving meaningful change for the real estate industry and the communities it serves. " “ REBNY’s partnership with the MetaProp Accelerator underscores our commitment to integrating cutting-edge technologies within New York’s real estate sector,” said Sandhya Espitia, Chief Operating Officer at REBNY. “ This collaboration is pivotal in maintaining New York’s leadership in real estate technology and providing our members direct access to innovations shaping our industry for years to come. ” About MetaProp: MetaProp is a New York-based venture capital firm focused on the real estate technology (PropTech) industry. Founded in 2015, MetaProp's investment team has invested in 175+ technology companies across the real estate value chain. The firm manages multiple funds for both financial and strategic real estate investors that represent a pilot- and test-ready sandbox of 20+ billion square feet across every real estate asset type and global market. The firm's investment activities are complemented by pioneering community leadership including the PropTech Place innovation hub, MetaProp Accelerator at Columbia University programs, global events including NYC Real Estate Tech Week, and publications Global PropTech Confidence Index and PropTech 101. Contact Details MetaProp Wes Mizell +1 512-460-9200 wmizell@metaprop.com Company Website https://www.metaprop.com/

January 31, 2025 09:00 AM Eastern Standard Time

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Media, Management And Content Delivery On Discord

Benzinga

By Johnny Rice, Benzinga Jason Lee, Chief Technology Officer of Asset Entities (NASDAQ: ASST), was recently interviewed by Benzinga. Asset Entities is a technology company that provides social media marketing, management and content delivery across social media platforms, with a focus on the underutilized Discord. Asset Entities is believed to be the first publicly traded company based on the Discord platform, where it reports hosting some of Discord’s largest social community-based education and entertainment servers. Mr. Lee spoke about the unique technical challenges presented by Discord that he and his team work on. Watch the full interview here: https://youtu.be/J1O_MWydMas Featured photo by Alexander Shatov on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

January 31, 2025 08:30 AM Eastern Standard Time

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Meet Perforator: the open-source tool that can save businesses billions a year in server costs, depending on company size

Yandex

Yandex, a global tech company, develops and open-sources Perforator, an innovative tool for continuous real-time monitoring and analysis of servers and applications. Perforator helps developers identify the most resource-intensive sections of code and provides detailed statistics for subsequent optimization. By identifying code inefficiencies and supporting profile-guided optimization, Perforator delivers accurate data that enables businesses to manually optimize their applications and reduce infrastructure costs by up to 20%. Depending on company size, this could translate to millions or even billions saved annually. “Perforator helps businesses get the most out of their servers without sacrificing performance," said Sergey Skvortsov, a senior developer at Yandex who leads the team behind the tool. "Using Perforator, businesses can optimize their code, reduce server load, and ultimately lower energy and equipment costs." Why use Perforator? Resource optimization is crucial for large data centers, big tech corporations, as well as small businesses and startups with limited resources. Instead of investing in additional equipment, companies can leverage Perforator to optimize their existing infrastructure without sacrificing performance. The tool has already been used for profiling in many Yandex services for over a year, and now it is accessible to companies, developers, and researchers worldwide. Companies can deploy Perforator on their own servers, minimizing reliance on external cloud providers while maintaining full control over their data. This makes Perforator a strong fit for organizations with stringent data security requirements operating within closed infrastructures. "Perforator can benefit companies of all sizes, from small businesses with 10-100 servers, which can save millions of dollars per year, to larger enterprises with thousands of servers and more, where savings can reach hundreds of millions or even billions of dollars annually, Sergey Skvortsov noted. “Regardless of your company size, Perforator can help you reduce infrastructure costs, freeing up resources for further innovation and growth.” How Perforator works Perforator provides detailed insights into server resource usage and analyzes the impact of code on performance, highlighting which applications consume the most system resources. Perforator uses eBPF technology to run small programs within the Linux kernel in a way that is safe and does not slow down the system. eBPF allows for improved monitoring, security, and performance optimization without changing the source code. Perforator supports native programming languages such as C, C++, Go, Rust, Python, and Java. The solution enables in-depth analytics and data visualization with flame graphs, making problem diagnostics much more manageable. “Perforator has been battle-tested in Yandex’s demanding environment for over a year and provides a wide range of features that make it a reliable and versatile solution for monitoring and optimizing server performance,” Sergey Skvortsov added. One of Perforator's key advantages is its support for profile-guided optimization (PGO), which automatically accelerates C++ programs by up to 10%. Additionally, Perforator is designed to run seamlessly on individual computers, making it accessible not only to large businesses but also to startups and tech enthusiasts. Furthermore, Perforator offers essential features tailored for large organizations, including A/B testing capabilities that help make better-informed decisions. Open-source solution for developers and businesses The decision to make Perforator open source reflects Yandex's commitment to fostering community collaboration in developing system technologies. “We believe that open-sourcing such fundamental system technologies helps drive tech innovation worldwide,” said Sergey Skvortsov. “We aim for our technologies to benefit the world and provide value to both developers and businesses. Additionally, the openness of the technology enables us to make decisions regarding the development of the profiling infrastructure together with the community.” What’s next? In the near future, Perforator will be enhanced with additional capabilities, including improved integration with Python and Java and more precise analysis of events. Perforator's source code is now available on GitHub, alongside other Yandex open-source solutions, such as YaFSDP, a tool designed to accelerate the training of large language models. Perforator is the latest addition to Yandex’s collection of open-source tools. You can view all of the company's open-source projects, including YaFSDP, AQLM, YTsaurus, and more, on this page. About Yandex Yandex is a global technology company that builds intelligent products and services powered by machine learning. Its goal is to help consumers and businesses better navigate the online and offline world. Since 1997, Yandex has delivered world-class, locally relevant search and information services and developed market-leading on-demand transportation services, navigation products, and other mobile applications for millions of consumers worldwide. Contact Details Media Team media@nettresults.com

January 30, 2025 08:59 AM Eastern Standard Time

CORRECTING AND REPLACING: Energy Select Sector SPDR Fund (XLE): A Gateway to the U.S. Energy Sector

Select Sector SPDR

In an evolving global marketplace where energy continues to be a critical driver of economic activities, the Energy Select Sector SPDR Fund ( XLE ) stands out as a useful tool for investors seeking exposure to the U.S. energy sector. Designed to mirror the Energy Select Sector Index, XLE offers an opportunity to engage with this pivotal industry without the need for direct stock selection. XLE encompasses a diverse array of companies in oil, gas, consumable fuels, and energy equipment and services. Investors may benefit from a broad exposure to the top U.S. energy firms while mitigating the risks typically associated with investing in individual stocks. Key Features of the Energy Select Sector SPDR Fund (XLE): Portfolio: XLE provides investors with access to a wide range of companies, capturing the breadth of the energy sector. Passive Management Strategy: XLE tracks the Energy Select Sector Index, offering a straightforward and efficient investment in the Energy components of the S&P 500. Low Expense Ratio: With a total expense ratio of just 0.09%*, XLE remains a cost-effective choice for those interested in the energy market. Top Holdings** of XLE Include: Exxon Mobil (23.15%) Chevron (15.37%) ConocoPhillips (8.14%) Williams Companies (4.60%) EOG Resources (4.53%) ONEOK (4.34%) Schlumberger (4.00%) Kinder Morgan (3.92%) Phillips 66 (3.48%) Marathon Petroleum (3.32%) These holdings collectively represent a wide range of companies, offering a broad perspective on the energy sector. XLE’s investment strategy aligns with the broader trends impacting the energy sector. By offering a portfolio of energy companies, it caters to investors interested in gaining insight into the dynamics shaping the future of energy, without the complexities of managing a portfolio of individual stocks. This approach is particularly pertinent in a sector known for its rapid technological advancements and geopolitical influences. With more than $33 billion in assets under management, XLE remains a substantial presence in the investment community. It provides a lens through which to view the U.S. energy sector's pivotal roles and challenges, all while maintaining accessibility for a broad range of investors. For more information about the Energy Select Sector SPDR Fund (XLE), please visit Select Sector SPDR. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/24 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL008138 EXP 3/31/25 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

January 30, 2025 05:00 AM Eastern Standard Time

The TON Blockchain Brought Millions Of People Into Crypto, These Users Want More Than Tapping Games

Cutoshi

2024 saw Toncoin becoming one of the fastest-growing blockchains in the Layer 1 space, counting more than 100 million active addresses. One of Toncoin’s most attractive aspects is its wildly popular Telegram-based gaming platform, which achieved viral status with titles like Notcoin and Hamster Kombat. However, many speculators still deem Toncoin as underrated, mainly due to its lack of a comprehensive DeFi framework that unlocks its full potential. This is why the upcoming launch of Elluminex represents a crucial milestone on the Toncoin roadmap. Elluminex (ELX) is a decentralized exchange that aims to provide a complete DeFi experience to the Toncoin ecosystem, while simultaneously tapping into Telegram’s 950-million user base. With this in mind, speculators foresee incredible rallies for Elluminex, and savvy crypto enthusiasts are already rushing to the $ELX presale to secure their position. Discover Elluminex - Toncoin’s Better Version Of Uniswap Elluminex emerges as a pioneering force that harnesses the capabilities of the TON network while solving the typical inefficiencies of established DEX platforms. Protocols such as Uniswap and PancakeSwap lack true interoperability between blockchains. This leads to a wide array of issues that compromise the user experience, as sub optimal chain integration dilutes liquidity increasing waiting times and fees. To solve this, Elluminex introduces an advanced cross-chain bridging mechanism, enabling nearly instantaneous transactions across disconnected blockchains. This allows Elluminex to aggregate liquidity from various sources, which minimizes transaction delays and slippage, ensuring users can capitalize on the latest trends without incurring unforeseen expenses. Another defining aspect of Elluminex is its focus on self-custody. Traders maintain complete control over their assets, removing reliance on intermediaries and third parties. Additionally, Elluminex does away with KYC verification requirements, enabling users to protect their anonymity. The Elluminex ecosystem is underpinned by the native $ELX token, which facilitates staking, governance, and other utility functions. Early adopters stand to benefit from staking rewards projected at an impressive 18% APY, incentivizing both initial participation and long-term engagement. But the privileges don’t end here, as holders will have access to an exclusive over-the-counter platform. Users will be able to purchase new TON-based projects before they are released to the public, allowing them to secure an allocation at preferential prices early on. Toncoin Set For A Major Reversal Amid Technical Updates And This Explosive Telegram Announcement Toncoin (TON) recently launched the v2024.10 update, introducing critical improvements to network efficiency and security through enhanced data management and reduced transmission rates. Other crucial Toncoin upgrades include faster channel creation, improved Distributed Hash Table (DHT) lookups, and numerous bug fixes. Technicals aside, Telegram recently broke the Internet by declaring Toncoin the only accepted cryptocurrency within its network. While this is not entirely surprising, as Toncoin has been developed by Telegram, up until now, the messaging app has integrated several different cryptocurrencies. The exclusivity agreement means that Toncoin will be the only protocol for linking Telegram Mini Apps to blockchain wallets, effectively restricting other blockchain networks from integration. This move comes as the TON Foundation prepares for "explosive growth in 2025," leveraging Telegram's massive global user base and positioning Toncoin as the primary cryptocurrency for the platform's services. Notcoin Set To Benefit From The Bullish Toncoin News Despite being one of the most popular TON-based games on Telegram, Notcoin (NOT) has been struggling during the bearish start of 2025. Notcoin has nosedived from its June 2024 all-time high of $0.029 to $0.0051, representing an 80% breakdown in value. Notcoin’s persistent downward trajectory highlights significant market skepticism about its future potential, while short positions are piling up in the order books. Trading with a 5% daily loss, Notcoin continues to struggle, as speculators expect a breach of the current support level in the upcoming days. However, the picture is not entirely bearish for Notcoin. The recent Toncoin developments and the incoming resurgence of the crypto gaming narrative could allow Notcoin to regain ground in the upcoming months. Join The $ELX Presale Before The Next Surge In just a few days, the Elluminex presale has raised over $300,000 as demand is rising rapidly. At the time of writing, $ELX tokens are selling at a discounted price of just $0.06, marking the perfect entry point for early adopters. With the $ELX valuation expected to experience massive price multipliers as the cycle progresses, there has never been a better time to look into this new gem. For more information about Elluminex (ELX) visit the links below: Website: https://elluminex.com/ Twitter/X: https://x.com/elluminex Telegram: https://t.me/Elluminex Elluminex is unique in that it is bringing DeFi to the TON Network/Blockchain which at the moment is very limited in this sense with very few options available to its users. Despite this the TON Network is still the fastest growing blockchain in the world and many view it as a future powerhouse to rival Bitcoin, Ethereum and Solana. By bringing DeFi to the TON Network, it would immediately transform the chain and take its capabilities and vast reach to the next level. (ELX is a transformative crypto for the TON chain) Cryptocurrency may be unregulated in your jurisdiction. The value of cryptocurrencies fluctuates and it is important that you thoroughly understand the risks associated with acquiring cryptocurrencies, as outlined in the Disclaimer. You confirm that you are not a citizen or resident of the United States, United Kingdom, or any prohibited jurisdiction, or any other location where the purchase of Elluminex and $ELX token may be legally restricted. Please note that our list of restricted countries and terms of service may undergo updates, and it is your responsibility to stay informed about the latest version. By proceeding to continue to use Elluminex.com, you acknowledge and agree to our Terms of Use and Privacy Policy. Contact Details Elluminex Andy Green support@elluminex.com Company Website https://elluminex.com/

January 30, 2025 03:47 AM Eastern Standard Time

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Why Dogwifhat Investors Are Looking To Viral X Meme Coin Cutoshi (CUTO)

Cutoshi

Dogwifhat (WIF) continues to struggle as most of its 2024 gains were wiped out over the past few weeks. Investors appear to be growingly disillusioned with meme coins as it’s now becoming clearer that 99% of the recent entries are purely driven by hype and once the market hops onto the next trend, they quickly become irrelevant. While this is true for most memes, outliers that bring real use cases tend to thrive in the long run, as Shiba Inu and Bonk have demonstrated. This is why newcomer Cutoshi (CUTO) is rapidly gaining traction, as its meme energy is backed by a vast DeFi ecosystem that could soon see it rival established protocols like Uniswap and PancakeSwap. Dogwifhat Rebounds, But Momentum Has Waned Quickly At the time of writing, Dogwifhat (WIF) trades at $1.14 with little to no movement in terms of 24-hour price action. Zooming out, things are looking quite bearish for Dogwifhat, as over the last month alone more than 38% of its value has evaporated. After experiencing a sharp rejection at $4.18 in November, Dogwifhat has been in a free fall, with its price spiraling downward and threatening a close below the critical $1 support. While this type of extreme swings is not something out of the ordinary for meme coins, the market-wide uncertainty further exacerbates Dogwifhat’s problem. Currently, Dogwifhat finds itself in a do-or-die situation, and bulls must hold this level at all costs or further breakdowns could follow. Analyst Val Me shares a similar opinion, as she posted a chart reading on X drawing attention to Dogwifhat’s critical price zones, with a dive toward the $0.32-$0.36 territory to be considered a realistic scenario. How Cutoshi Raises The Bar For Meme Coins Cutoshi draws inspiration from the Lucky Cats of Japanese traditions, which are displayed in stores and homes as tokens of good fortune. Cutoshi, is quite literally a token of good fortune, as it’s designed to reward users that engage with its vast ecosystem via the Cutoshi Farming initiative. Cutoshi’s flagship feature is CUTO DEX, a decentralized exchange that connects isolated blockchains. This will allow for seamless cross-chain swaps at near-instantaneous speed and with fees as low as 0.25%. Users will have access to an exclusive DeFi wallet for optimal asset management, and no KYC will be required to join, ensuring that their personal data remains inaccessible to third parties. Through the Cutoshi Farming model, investors will have the opportunity to earn income while completing fun missions and quests or by staking the $CUTO token. Over 3,700 participants have farmed more than 2.1 million $CUTO tokens. Stage 4 of the presale is 70% complete and with $CUTO selling for just $0.031, this is the perfect entry point for investors to capitalize on the utility-driven meme coin revolution. When taking into account Cutoshi’s much smaller market cap compared to the likes of Bonk and other memes, Cutoshi is set to bring disproportionately higher returns once the bull run is in full swing. Don’t miss out! For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshicommunity Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi Camila support@cutoshi.com Company Website https://cutoshi.com/

January 30, 2025 03:22 AM Eastern Standard Time

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3 Tokens Under $4, Ready To Hit $5 By March: Cardano (ADA), Ripple (XRP) And Cutoshi (CUTO)

Cutoshi

Following Donald Trump’s inauguration, the crypto market appears to be preparing for another rally. Thus, this article will uncover why Cardano (ADA), Ripple (XRP) and Cutoshi (CUTO) are the top three in our list of the altcoins positioned for the best surge in the following bull run and their potential returns. Cardano (ADA) Rises To Crucial Resistance, Will It Break Out? During the November 2024 rally, the ADA price surged remarkably, and Cardano gained over 300% within a month. Despite the momentum, ADA faced significant resistance from the $1.24 price level, which terminated the uptrend, and Cardano reversed, plunging over 30% in the next three weeks. Due to this decrease in demand, the price slowed down, and ADA traded sideways for over a month. Cardano has recovered significantly in the previous four days and has moved above the 50-day SMA. In the last 24 hours, ADA has surged by 7.43% and is trading at $1.12 but is facing rejection from the immediate resistance at $1.15, from where it has reversed multiple times. If ADA continues to gain demand, the price can move past this resistance level, and with sufficient momentum, Cardano can surpass the $1.24 resistance level to resume the rally. However, if the ADA price is rejected again, support levels exist at $1.05 and $1.02 to break the fall. Ripple (XRP) Continues Rally After Consolidation Ripple performed tremendously in the recent rally, with the price rising by over 400% after breaking from a critical resistance trendline. However, when the price reached $2.9, Ripple lost the upward thrust and started to trade in a symmetric triangle pattern. It continued to trade in this pattern for over a month and slowly consolidated into a tight range-bound price action. Ripple moved above the upper trendline of this triangle last week, has gained over 35% this week, and currently trades at $3.32. The price is only 14.39% below the ATH, which Ripple established over seven years ago, and is steadily rising. The MACD oscillator is rising fast, showing increasing bullish sentiment for Ripple. The price has become overbought due to increasing demand, as indicated by the Relative Strength Index (RSI) of 77.3. Ripple may reach a new ATH soon if this bullish pressure continues to push the price with similar momentum. Cutoshi (CUTO): Utility Meme Coin Set To Lead The 2025 Bull Market Cutoshi is a new hybrid project gaining popularity for its vision of transforming DeFi, using the power of memes and innovative platform features. It merges the fun of a meme community with the practicality of utility tokens to offer users a memeFi ecosystem that fulfills the requirements of all kinds of crypto investors. Cutoshi is reducing the DeFi knowledge gap to spread the mass adoption of DeFi and promote privacy, security and monetary freedom. It is building a learning academy to provide free learning materials for newcomers. These materials will break down complex Web3 concepts into easily understandable content to help users expand their knowledge and adapt to decentralized technologies. Moreover, Cutoshi is also bringing a merch shop into the ecosystem to offer community members a range of items including T-shirts, Hoodies, Phone cases, Mugs, etc. Members can receive special discounts on these items by using the native token CUTO to make payments on the platform. CUTO is available to acquire for $0.031 per token in the presale stage four and has already raised over $1,639,075.916 so far in the presale. The price will soon surge as the presale progresses to the next round, and new investors have an excellent opportunity to make similar returns through the compounding effect in further stages. For more information on the Cutoshi (CUTO) Presale: https://cutoshi.com/ Join and become a community member: https://twitter.com/CutoshiToken https://t.me/cutoshicommunity Cutoshi is a revolutionary meme coin inspired by the Chinese Lucky Cat and Satoshi Nakamoto’s teachings. It’s based on decentralization, privacy, and monetary freedom, embodying the blockchain's original purpose and ethos. Cutoshi has a vision to introduce more people to cryptocurrencies and bring financial freedom to all who want it. The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Custoshi. Contact Details Cutoshi Camila Perez support@cutoshi.com Company Website https://cutoshi.com/

January 29, 2025 04:50 PM Eastern Standard Time

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T3 Financial Crime Unit, Spanish Authorities Freeze $26.4M in Crypto Scheme

TRON DAO

Madrid, Spain – January28, 2025 – The T3 Financial Crime Unit (T3 FCU), a joint initiative from TRON, Tether, and TRM Labs, worked with Spain's Guardia Civil to freeze USD 26.4 million linked to a sophisticated money laundering operation. The investigation targeted blockchain addresses connected to an international criminal network. According to Spanish authorities, the organization operated across multiple European jurisdictions, providing cash-to-crypto laundering services for criminal enterprises. The operation represents T3 FCU's largest coordinated freeze since its launch last year. "This operation exposes an uncomfortable truth: Criminals are drawn to the same features that make blockchain revolutionary — speed, efficiency, and borderless transactions. But by freezing over USD 26 million through coordinated action with law enforcement, we're showing that TRON's transparency actually makes it harder, not easier, to launder money,” said Justin Sun, founder of the TRON blockchain. Spanish authorities identified the organization through police surveillance, and were assisted by several investigative measures and Virtual Asset Service Provider (VASP) Know Your Customer(KYC) records, definitively linking the addresses to money laundering purposes. "This organization moved millions across borders, using both cash and crypto to help criminal groups launder their profits," said a Guardia Civil spokesperson. "Working with T3 FCU, we were able to freeze more than USD 26.4 million in assets. This partnership gives law enforcement powerful new capabilities in our fight against organized crime." The case highlights the growing importance of public-private partnerships in securing digital assets, particularly as stablecoins become increasingly central to global finance. “This operation is a testament to the power of blockchain technology in combating illicit activities,” said Paolo Ardoino, CEO of Tether. “As the issuer of USDT, we are committed to protecting the integrity of the financial system and working with global law enforcement to expos e an d dismantl e crimina l networks. Th e freezin g o f th e asset s demonstrate s Tether' s commitment to clamping down on illicit actors and its zero-tolerance approach towards money laundering and financial crime. Let this serve as a clear warning — criminals who attempt to misus e Tethe r wil l ge t caught. T o date, Tethe r ha s als o collaborate d wit h mor e tha n 22 0 la w enforcement agencies across more than 51 jurisdictions to freeze more than 2,400 addresses amountin g t o approximatel y 2. 2 billio n USDT. ” "Financial crime has historically thrived in the gaps between jurisdictions," said Chris Janczewski, head of global investigations at TRM Labs. " What's groundbreaking about T3 FCU is how it mirrors the borderless nature of blockchain itself — combining TRM's global analytic s capabilitie s wit h TRON' s expansiv e networ k an d Tether' s marke t insight s t o suppor t law enforcement wherever crime occurs.” Through its collaboration with law enforcement agencies across five continents, T3 FCU has frozen over USD 126 million linked to illicit activities since launch. The unit combines TRM Labs' blockchai n intelligenc e technolog y wit h TRO N an d Tether' s commitmen t t o ecosyste m securit y to identify and disrupt criminal activity worldwide. About TRON TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Foundedin September 2017 by H.E. Justin Sun, the TRON blockchain has experienced significant growth since its MainNet launch in May 2018.Until recently, TRON hosted the largest circulatin g suppl y o f US D Tethe r (USDT ) stablecoin, exceedin g $6 0 billion. A s o f Januar y 2024, the TRON blockchain has recorded over 286 million in total user accounts, more than 9.5 billion in total transactions, and over $21.7 billion in total value locked (TVL), based on TRONSCAN. Media contact: press@tron.network About Tether Tether i s a pionee r i n th e fiel d o f stablecoi n technology, drive n b y a n ai m t o revolutioniz e th e global financial landscape. With a mission to provide accessible and efficient financial, communication, artificia l intelligenc e an d energ y infrastructure. Tethe r enable s greate r financia l inclusion, and communication resilience, fosters economic growth, and empowers individuals and businesses alike. A s th e creato r o f th e largest, mos t transparent, an d liqui d stablecoi n i n th e industry, Tethe r i s dedicated to building sustainable and resilient infrastructure for the benefit of underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is committed to bridging the gap between traditional financial systems and the potential of decentralized finance. Media contact: press@tether.to About TRM Labs TRM Labs provides blockchain intelligence to help law enforcement and national security agencies, financial institutions, and cryptocurrency businesses detect, investigate, and disrupt crypto-related fraud and financial crime. TRM’s Blockchain Intelligence platform includes solutions to follow the money, identify illicit activity, build cases, and construct an operating picture of threats. TRM is trusted by a growing number of leading agencies worldwide who rely on TRM for their blockchain intelligence needs. TRM is based in San Francisco, CA, and is hiring across engineering, product, sales, and data science. To learn more, visit www.trmlabs.com. Media contact: press@trmlabs.com Contact Details Yeweon Park press@tron.network Company Website https://trondao.org/

January 29, 2025 03:02 PM Eastern Standard Time

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Vymo Partners with Exavalu, a Digital Transformation Leader in Insurance

Vymo, Inc.

Vymo, a leading multi-channel distribution management platform powered by AI for the global insurance industry, has announced a strategic partnership with Exavalu, a leading global digital advisory and systems integration consulting firm for insurance clients. Exavalu will collaborate with Vymo to accelerate innovation and address strategic challenges facing the insurance sector. Together, they will use Vymo’s machine learning and AI-driven technology and Exavalu’s deep systems integration and advisory capabilities to streamline agent recruitment and onboarding compliance, optimize lead management processes, encourage internal adoption, and create more effective use of digital distribution management capabilities to improve carriers’ sales and distribution operational efficiencies. “We’re excited to be partnering with Exavalu, whose superior strategic insurance advisory services help carriers and brokers accelerate core, digital and data modernization. While AI and machine learning gain traction in the insurance industry, many carriers still use legacy or outdated onboarding processes,” notes Anthony Iuffredo, Vymo VP Head of Sales Americas. “Companies expanding into new states need to recruit agents as quickly as possible, so the demand for onboarding is very high. Through Vymo’s new partnership with Exavalu, manual onboarding processes can be reduced from two to three months to just a week.” Notes Anthony Iuffredo, “We’ll also work with Exavalu to help insurers optimize their ‘lead to close’ processes, which can be difficult to manage on daily basis. Vymo’s significant AI capabilities combined with Exavalu’s successful strategic advisory solutions in this area will ensure that managing leads across both captive and independent agents, which can run into the thousands, will be seamlessly accomplished. This will provide agents the tools they need to be far more successful and drive additional business from their channels.” Saurav Basu, President and Founder of Exavalu, observes: “A persistent challenge in the insurance industry is low adoption of the digital onboarding and compliance management solutions essential to lowering friction with agents while completing strategic core modernization efforts. Exavalu has chosen to partner with Vymo because they offer a complete distribution management solution specifically tailored to enhance agent onboarding, compliance and lead management activities that complement our carrier client’s digital transformation efforts. We’re excited to harness Vymo’s deep AI capabilities to help our customers realize a much higher return on their substantial system modernization and automation efforts.” Vymo’s platform offers deep, AI-enabled guidance, with access to data points within a firm’s entire book of business and visibility into what is and isn’t effective. Vymo’s analysis guides actions that lead to better decisions, identifies new opportunities, and drives sales growth and customer retention. “This partnership is designed to ensure that Vymo is embedded in as many of Exavalu’s strategic solutions as possible. We look forward to bringing these improved services to our mutual customers and improving the way they do business,” adds Anthony Iuffredo. About Vymo® Vymo is a global provider of a smart distribution management platform powered by AI to deliver data-driven insights and transform the way your businesses operate. Meticulously crafted for insurers, MGAs, FMOs, IMOs, and insurance distributors who have outgrown legacy sales and account management tools and require greater automation for producer administration and sales processes. Vymo's platform features a suite of modular applications—including OnboardIQ and EngageIQ—and is engineered to deliver a superior producer experience through critical steps in the sales process, such as onboarding, compliance, activity tracking, and sales enablement. Vymo has secured over $45M in funding from Peak XC Partners, Emergence Capital, and Bertelsmann India Investments and is also an award winner of CB Insights' and Microsoft's 'AI for All' awards. Visit us at https://getvymo.com/. About Exavalu® Exavalu is a unique global technology consulting company focused on Insurance and other regulated industries. Founded by industry veterans, Exavalu brings deep expertise and end-to-end capabilities from strategy through execution in areas such core systems modernization, customer experience solutions, digital engineering, data, and AI. With its client-centric approach and innovative solutions, Exavalu is a trusted partner that empowers businesses to navigate complex challenges and achieve sustainable growth. For more information, please visit https://www.exavalu.com. Additional Resources: Vymo Distribution Management Platform Vymo OnboardIQ Vymo EngageIQ for Leaders Vymo EngageIQ for Sellers U.S. Media Contact: Meir Kahtan Meir Kahtan Public Relations mkahtan@rcn.com +1 917-864-0800 Anthony Iuffredo Vice President, Head of Sales Vymo, Inc. 440 N Wolfe Rd. Sunnyvale, CA 94085 Web: https://getvymo.com/ Nidhi Jaiswal Nidhi.jaiswal@exavalu.com Marketing and Public Relations Manager Exavalu, Inc. 5000 Birch Street, West Tower, Suite 3000 Newport Beach, CA 92660 Web: https://www.exavalu.com/ Contact Details Meir Kahtan Public Relations Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://getvymo.com/

January 29, 2025 11:30 AM Eastern Standard Time

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