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  • Velocity Capital Group’s Jay Avigdor Announces Book Pre-Orders and Upcoming Podcast “Chewing Glass”

    New York, New York, October 28th, 2026, FinanceWire

    Need It, Don’t Want It, a business memoir told in reverse, publishes December 8, 2026, and the podcast will feature founders on the setbacks behind their companies.

    Jay Avigdor, Chairman and Chief Executive Officer (CEO) of Velocity Capital Group, today announced that his book, Need It, Don’t Want It: The Business Lessons No One Asks for, No One Tells You, but Everyone Needs, is available for pre-order on Amazon ahead of its December 8, 2026 publication by Advantage Books. Avigdor also announced Chewing Glass, an upcoming podcast about the challenges of being an entrepreneur, premiering in November, 2026. Both projects focus on the hard, gritty side of building a business.

    The book tells the story of Velocity Capital Group in reverse. It opens in Chapter 12, with the company established, and works back through setbacks with financing, staff and the pandemic to the company’s first days. The frame is a teenager who asks Avigdor to mentor him and is taught the lessons from the end to the beginning. Each chapter closes with takeaways and “Need It Notes” that ask readers to apply the ideas to their own businesses.

    “If you can take a faster punch, and you can take more punches than the other guy, that’s who’s going to win,” said Jay Avigdor, Chairman and CEO of Velocity Capital Group.

    In the book, Avigdor writes about “the days when I had to question whether I could turn my ambitions into reality.”

    In an early trade review, BookLife by Publishers Weekly wrote: “Avigdor’s stories and enthusiasm give Need It, Don’t Want It welcome heart and humanity. This high-energy account cleverly lays bare the lessons founders learn when facing uncomfortable problems.” IndieReader called the book “an honest, structurally inventive account of building a business from the ground up that proves most persuasive in the chapters where the lessons come from various setbacks and failures.”

    Chewing Glass takes its name from Avigdor’s description of what running a company feels like: being a CEO, he says, is mostly chewing glass. Rather than asking guests how they succeeded, the show will ask founders and business owners about what nearly ended their businesses, including missed payroll, bad hires, bad investors, and the setbacks founders usually keep private, and how they got through them.

    “If you’ve gone through a world of pain and you’re still standing, I want to hear your story and how you got through it,” Avigdor said. “We’re going to talk about the pain, the blood, the sweat, the tears, the hardship.”

    For Avigdor, the measure of a founder is what the business did for its people, not cars or money.

    “Show me you emptied your personal bank account to make sure your employees got food on the table,” he said.

    Need It, Don’t Want It will be published in hardcover and Kindle editions. 

    About Jay Avigdor

    Jay Avigdor is Chairman and CEO of Velocity Capital Group, which he founded in 2018 from a folding table in a spare bedroom on Long Island. He entered alternative business finance as a teenager and has spent nearly two decades in the field. He is the author of Need It, Don’t Want It and the host of the upcoming podcast Chewing Glass.

    About Velocity Capital Group

    Velocity Capital Group is a financial services company focused on providing revenue-based financing solutions to businesses. The company uses technology, data-driven underwriting, and institutional operating practices to evaluate and provide business capital. 

    Website: https://www.velocitycg.com

    Contact

    Head of Communications
    Bogdan Klubuk
    Velocity Capital Group
    bogdan@velocitycg.com

  • Velocity Capital Group’s Jay Avigdor Announces Book Pre-Orders and Upcoming Podcast “Chewing Glass”

    New York, New York, October 28th, 2026, FinanceWire

    Need It, Don’t Want It, a business memoir told in reverse, publishes December 8, 2026, and the podcast will feature founders on the setbacks behind their companies.

    Jay Avigdor, Chairman and Chief Executive Officer (CEO) of Velocity Capital Group, today announced that his book, Need It, Don’t Want It: The Business Lessons No One Asks for, No One Tells You, but Everyone Needs, is available for pre-order on Amazon ahead of its December 8, 2026 publication by Advantage Books. Avigdor also announced Chewing Glass, an upcoming podcast about the challenges of being an entrepreneur, premiering in November, 2026. Both projects focus on the hard, gritty side of building a business.

    The book tells the story of Velocity Capital Group in reverse. It opens in Chapter 12, with the company established, and works back through setbacks with financing, staff and the pandemic to the company’s first days. The frame is a teenager who asks Avigdor to mentor him and is taught the lessons from the end to the beginning. Each chapter closes with takeaways and “Need It Notes” that ask readers to apply the ideas to their own businesses.

    “If you can take a faster punch, and you can take more punches than the other guy, that’s who’s going to win,” said Jay Avigdor, Chairman and CEO of Velocity Capital Group.

    In the book, Avigdor writes about “the days when I had to question whether I could turn my ambitions into reality.”

    In an early trade review, BookLife by Publishers Weekly wrote: “Avigdor’s stories and enthusiasm give Need It, Don’t Want It welcome heart and humanity. This high-energy account cleverly lays bare the lessons founders learn when facing uncomfortable problems.” IndieReader called the book “an honest, structurally inventive account of building a business from the ground up that proves most persuasive in the chapters where the lessons come from various setbacks and failures.”

    Chewing Glass takes its name from Avigdor’s description of what running a company feels like: being a CEO, he says, is mostly chewing glass. Rather than asking guests how they succeeded, the show will ask founders and business owners about what nearly ended their businesses, including missed payroll, bad hires, bad investors, and the setbacks founders usually keep private, and how they got through them.

    “If you’ve gone through a world of pain and you’re still standing, I want to hear your story and how you got through it,” Avigdor said. “We’re going to talk about the pain, the blood, the sweat, the tears, the hardship.”

    For Avigdor, the measure of a founder is what the business did for its people, not cars or money.

    “Show me you emptied your personal bank account to make sure your employees got food on the table,” he said.

    Need It, Don’t Want It will be published in hardcover and Kindle editions. 

    About Jay Avigdor

    Jay Avigdor is Chairman and CEO of Velocity Capital Group, which he founded in 2018 from a folding table in a spare bedroom on Long Island. He entered alternative business finance as a teenager and has spent nearly two decades in the field. He is the author of Need It, Don’t Want It and the host of the upcoming podcast Chewing Glass.

    About Velocity Capital Group

    Velocity Capital Group is a financial services company focused on providing revenue-based financing solutions to businesses. The company uses technology, data-driven underwriting, and institutional operating practices to evaluate and provide business capital. 

    Website: https://www.velocitycg.com

    Contact

    Head of Communications
    Bogdan Klubuk
    Velocity Capital Group
    bogdan@velocitycg.com

  • Upwind Closes $400 Million Series C at $3.8 Billion Valuation as Revenue Quadruples in 2026

    New York, United States, October 28th, 2026, FinanceWire

    Led by Bessemer Venture Partners, the funding will accelerate Upwind’s cloud and AI security platform as enterprises face major infrastructure shifts and rising threats from AI-powered attacks and autonomous agents.

    Upwind Security, the cloud and AI security company, today announced the close of its $400 million Series C funding round at a $3.8 billion valuation. The round was led by Bessemer Venture Partners, with participation from Canapi Ventures and existing investors Cyberstarts, Greylock Partners, Craft Ventures, Leaders Fund, Salesforce Ventures, TCV, Alta Park Capital, Penny Jar Capital, Cerca Partners, Swish Ventures, and Picture Capital. 

    The announcement follows a period of significant growth for Upwind, which has quadrupled its revenue in 2026 as enterprises seek security platforms built for increasingly complex cloud environments and AI-driven workloads. The company’s valuation has increased substantially from its $1.5 billion valuation in its Series B round in January 2026.

    “AI is fundamentally changing both the cloud infrastructure architecture and the scale of cyber threats and how organizations build and operate software,” said Amiram Shachar, CEO and Co-Founder of Upwind. “Context is key to managing internal and external risks, security teams need to understand how cloud, and AI interact in real time. We built Upwind to unify those signals and eliminate complexity, helping organizations identify their most critical exposures, fix risks proactively, and detect attacks as they happen.”

    Security Built for the Agentic Era

    The rapid adoption of AI is creating new challenges for enterprise security teams. Attackers use AI to increase the scale and sophistication of their operations, employees use large language models to build new applications, and agents are autonomously operating within the organization. The possibilities for new risks and threats are growing exponentially.

    The traditional, fragmented approach to security creates silos, providing alerts without enough context to determine the intent behind an AI agent’s activity or whether a vulnerability creates a reachable exposure. Upwind takes a different approach by using runtime intelligence context across cloud workloads, APIs, and AI agents.

    The company’s Cloud and AI Security Platform reshapes cybersecurity by working from the inside-out. The platform combines the context of a customer’s cloud workloads, APIs, and agents with runtime intelligence to give security, development, and DevOps teams a shared understanding of the most critical risks and reachable exposures, how to fix them, and to catch new attacks in real time. 

    “Upwind gives us the exact visibility and context we need to stay ahead of cloud threats with complete confidence” says Tushar Dalvi, Deputy CISO at Confluent. “It has removed the complexity from cloud security to give us a clear, high-impact defense strategy with minimal overhead.”

    To further meet the speed of AI risks and threats, security teams are amplified with specialized AI agents that investigate threats autonomously, act as a red team validating attack surface findings, and remediate risks in your infrastructure at machine speed, eliminating the heavy lifting of triage so teams can focus on judgement and response.

    “Security needs to keep pace with environments that AI agents can change at a speed and scale that human teams alone cannot match,” Shachar said. “By combining real-time intelligence at runtime with the context needed to understand and remediate risk, we’re helping organizations move beyond alert management toward proactive security.”

    Expanding Enterprise Adoption

    Founded in 2022, Upwind was designed around the premise that cloud security must account for what is happening inside live environments, rather than relying primarily on periodic assessments and static snapshots. As enterprises modernize their infrastructure and deploy AI-powered applications, the company aims to provide a unified view of security risks across increasingly interconnected systems.

    Upwind supports Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. Through its integration with AWS Security Hub, customers can access Upwind directly within the AWS console, with simplified onboarding and unified billing through AWS.

    The new funding will support the company’s continued product development and go-to-market expansion as it builds on its momentum with enterprise customers.

    “Our investors have backed our vision and the traction we’re seeing in the market,” Shachar said. “This round gives us the opportunity to accelerate our momentum, expand our capabilities, and continue delivering the innovation customers need to secure cloud and AI infrastructure in the agentic era.”

    “Upwind gave us visibility into what is actually running, not just what a scan found. That changed which risks we spend our time on.” – Michael Cannizzo, CISO of HedgeServ

    “Setup only took days. What stood out after that was visibility into live workloads rather than a snapshot, and that redirected where our team spends effort.” – Russ Kirby, CISO of Ping

    About Upwind Security

    Upwind is the Cloud and AI security platform. Hundreds of organizations, including Siemens, Roku, Carvana, Nubank, Supabase, and ClickUp, trust Upwind to secure their cloud and AI infrastructure, applications, and agents. Upwind uses the context of your cloud workloads, APIs, and agents to give security, development, and DevOps teams the ability to fix the most critical risks and reachable exposures proactively while catching attacks in real time. To learn more, follow Upwind on LinkedIn, X, and YouTube.

    Contact

    Omri Hurwitz
    omri@omrihurwitz.com

  • Upwind Closes $400 Million Series C at $3.8 Billion Valuation as Revenue Quadruples in 2026

    New York, United States, October 28th, 2026, FinanceWire

    Led by Bessemer Venture Partners, the funding will accelerate Upwind’s cloud and AI security platform as enterprises face major infrastructure shifts and rising threats from AI-powered attacks and autonomous agents.

    Upwind Security, the cloud and AI security company, today announced the close of its $400 million Series C funding round at a $3.8 billion valuation. The round was led by Bessemer Venture Partners, with participation from Canapi Ventures and existing investors Cyberstarts, Greylock Partners, Craft Ventures, Leaders Fund, Salesforce Ventures, TCV, Alta Park Capital, Penny Jar Capital, Cerca Partners, Swish Ventures, and Picture Capital. 

    The announcement follows a period of significant growth for Upwind, which has quadrupled its revenue in 2026 as enterprises seek security platforms built for increasingly complex cloud environments and AI-driven workloads. The company’s valuation has increased substantially from its $1.5 billion valuation in its Series B round in January 2026.

    “AI is fundamentally changing both the cloud infrastructure architecture and the scale of cyber threats and how organizations build and operate software,” said Amiram Shachar, CEO and Co-Founder of Upwind. “Context is key to managing internal and external risks, security teams need to understand how cloud, and AI interact in real time. We built Upwind to unify those signals and eliminate complexity, helping organizations identify their most critical exposures, fix risks proactively, and detect attacks as they happen.”

    Security Built for the Agentic Era

    The rapid adoption of AI is creating new challenges for enterprise security teams. Attackers use AI to increase the scale and sophistication of their operations, employees use large language models to build new applications, and agents are autonomously operating within the organization. The possibilities for new risks and threats are growing exponentially.

    The traditional, fragmented approach to security creates silos, providing alerts without enough context to determine the intent behind an AI agent’s activity or whether a vulnerability creates a reachable exposure. Upwind takes a different approach by using runtime intelligence context across cloud workloads, APIs, and AI agents.

    The company’s Cloud and AI Security Platform reshapes cybersecurity by working from the inside-out. The platform combines the context of a customer’s cloud workloads, APIs, and agents with runtime intelligence to give security, development, and DevOps teams a shared understanding of the most critical risks and reachable exposures, how to fix them, and to catch new attacks in real time. 

    “Upwind gives us the exact visibility and context we need to stay ahead of cloud threats with complete confidence” says Tushar Dalvi, Deputy CISO at Confluent. “It has removed the complexity from cloud security to give us a clear, high-impact defense strategy with minimal overhead.”

    To further meet the speed of AI risks and threats, security teams are amplified with specialized AI agents that investigate threats autonomously, act as a red team validating attack surface findings, and remediate risks in your infrastructure at machine speed, eliminating the heavy lifting of triage so teams can focus on judgement and response.

    “Security needs to keep pace with environments that AI agents can change at a speed and scale that human teams alone cannot match,” Shachar said. “By combining real-time intelligence at runtime with the context needed to understand and remediate risk, we’re helping organizations move beyond alert management toward proactive security.”

    Expanding Enterprise Adoption

    Founded in 2022, Upwind was designed around the premise that cloud security must account for what is happening inside live environments, rather than relying primarily on periodic assessments and static snapshots. As enterprises modernize their infrastructure and deploy AI-powered applications, the company aims to provide a unified view of security risks across increasingly interconnected systems.

    Upwind supports Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform, and Oracle Cloud Infrastructure. Through its integration with AWS Security Hub, customers can access Upwind directly within the AWS console, with simplified onboarding and unified billing through AWS.

    The new funding will support the company’s continued product development and go-to-market expansion as it builds on its momentum with enterprise customers.

    “Our investors have backed our vision and the traction we’re seeing in the market,” Shachar said. “This round gives us the opportunity to accelerate our momentum, expand our capabilities, and continue delivering the innovation customers need to secure cloud and AI infrastructure in the agentic era.”

    “Upwind gave us visibility into what is actually running, not just what a scan found. That changed which risks we spend our time on.” – Michael Cannizzo, CISO of HedgeServ

    “Setup only took days. What stood out after that was visibility into live workloads rather than a snapshot, and that redirected where our team spends effort.” – Russ Kirby, CISO of Ping

    About Upwind Security

    Upwind is the Cloud and AI security platform. Hundreds of organizations, including Siemens, Roku, Carvana, Nubank, Supabase, and ClickUp, trust Upwind to secure their cloud and AI infrastructure, applications, and agents. Upwind uses the context of your cloud workloads, APIs, and agents to give security, development, and DevOps teams the ability to fix the most critical risks and reachable exposures proactively while catching attacks in real time. To learn more, follow Upwind on LinkedIn, X, and YouTube.

    Contact

    Omri Hurwitz
    omri@omrihurwitz.com

  • FinSight Ventures Launches $100 Million Physical AI Index Fund

    San Francisco, US, October 28th, 2026, FinanceWire

    FinSight Ventures Launches $100 Million Physical AI Index Fund, Targeting the Third Wave of Artificial Intelligence

    FinSight Ventures, a global technology investment fund with $1B+ AUM and a portfolio of 13 unicorns, announced the formation of the FinSight Physical AI Index Fund — its second thematic index fund and the first institutional vehicle dedicated exclusively to the Physical AI segment that interacts with the physical world.

    The Fund targets a concentrated portfolio of 10–12 leading companies across four Physical AI segments — Robotics, AI for Science, Foundation Layer, and Hardware & Infrastructure — with an aggregate target capitalization of $5.7T by 2031.

    “Physical AI is not a trend, but the third structural wave of artificial intelligence,” said Alexey Garyunov, Founder and General Partner of FinSight Ventures. “Perception AI gave machines eyes and ears. Generative AI gave them language. Physical AI gives them agency in the real world. We are now at the same inflection point that defined OpenAI and Anthropic in 2019 — except what is being built is an order of magnitude larger.”

    The Fund’s investment thesis rests on a structural labor shortage that no conventional policy instrument can address at scale. According to UN projections, the working-age population across East Asia, Europe, and the United States will contract by 342 million people by 2050 — a cohort representing approximately 55% of global GDP. Migration flows are slowing down. Labor participation rates in advanced economies have reached their effective ceiling.

    “We modeled every mechanism available to close a 342-million-person labor gap,” said Garyunov. “Offshoring runs against reshoring policy — the CHIPS Act, the IRA, the EU Chips Act. Migration is contracting, not expanding. Labor participation in developed markets is already at 74–80%. The only channel with growing capacity is automation through Physical AI. This represents a demographic inevitability rather than a simple technology bet.”

    Market Context

    According to PitchBook data, Physical AI’s share of global venture financing has grown from 0.8% in 2016 to 12% in 2025, with investment volume rising from $2.0B to $64.7B over the same period and reaching $72.2B in the first half of 2026 alone. The top 20 global venture funds have completed 345 transactions in the segment since 2022, two-thirds of them after January 2024.

    The humanoid robot fleet is projected to reach between 330 million and 1 billion units by 2050, displacing an estimated $19.8T in annual labor value. At a 15–20% revenue capture rate and a 7.5–10x P/S multiple, the Physical AI sector is projected to carry a market capitalization of $22–40T by 2050.

    “The enabling technologies converged in 2023–2025,” said Garyunov. “NVIDIA’s Cosmos world models solved the data problem — robots can now train millions of times faster in simulation than in the physical world. VLA models solved the intelligence problem — a single model sees, understands natural language, and acts. The EV supply chain solved the cost problem. The infrastructure for a Physical AI industry is in place. What follows is deployment at scale.”

    About FinSight Ventures

    FinSight Ventures is a global technology investment firm founded in 2012, with offices in the United States, India, and Cyprus. The fund manages $1B+ in assets across a portfolio that includes 13 unicorns. Portfolio companies comprise Klarna, Uzum, Razorpay, Cashea, Rappi, Punto Pago, and more than 80 other companies. Last year, FinSight launched the FinSight Gen AI Index Fund, which invested in 13 companies that represent the American AI Sector including Together AI, Fin AI, Crusoe, Glean among others.

    Contact

    PR manager
    Eugene Medvedev
    FinSight Ventures
    em@finsightvc.com
    +48515264291

  • FinSight Ventures Launches $100 Million Physical AI Index Fund

    San Francisco, US, October 28th, 2026, FinanceWire

    FinSight Ventures Launches $100 Million Physical AI Index Fund, Targeting the Third Wave of Artificial Intelligence

    FinSight Ventures, a global technology investment fund with $1B+ AUM and a portfolio of 13 unicorns, announced the formation of the FinSight Physical AI Index Fund — its second thematic index fund and the first institutional vehicle dedicated exclusively to the Physical AI segment that interacts with the physical world.

    The Fund targets a concentrated portfolio of 10–12 leading companies across four Physical AI segments — Robotics, AI for Science, Foundation Layer, and Hardware & Infrastructure — with an aggregate target capitalization of $5.7T by 2031.

    “Physical AI is not a trend, but the third structural wave of artificial intelligence,” said Alexey Garyunov, Founder and General Partner of FinSight Ventures. “Perception AI gave machines eyes and ears. Generative AI gave them language. Physical AI gives them agency in the real world. We are now at the same inflection point that defined OpenAI and Anthropic in 2019 — except what is being built is an order of magnitude larger.”

    The Fund’s investment thesis rests on a structural labor shortage that no conventional policy instrument can address at scale. According to UN projections, the working-age population across East Asia, Europe, and the United States will contract by 342 million people by 2050 — a cohort representing approximately 55% of global GDP. Migration flows are slowing down. Labor participation rates in advanced economies have reached their effective ceiling.

    “We modeled every mechanism available to close a 342-million-person labor gap,” said Garyunov. “Offshoring runs against reshoring policy — the CHIPS Act, the IRA, the EU Chips Act. Migration is contracting, not expanding. Labor participation in developed markets is already at 74–80%. The only channel with growing capacity is automation through Physical AI. This represents a demographic inevitability rather than a simple technology bet.”

    Market Context

    According to PitchBook data, Physical AI’s share of global venture financing has grown from 0.8% in 2016 to 12% in 2025, with investment volume rising from $2.0B to $64.7B over the same period and reaching $72.2B in the first half of 2026 alone. The top 20 global venture funds have completed 345 transactions in the segment since 2022, two-thirds of them after January 2024.

    The humanoid robot fleet is projected to reach between 330 million and 1 billion units by 2050, displacing an estimated $19.8T in annual labor value. At a 15–20% revenue capture rate and a 7.5–10x P/S multiple, the Physical AI sector is projected to carry a market capitalization of $22–40T by 2050.

    “The enabling technologies converged in 2023–2025,” said Garyunov. “NVIDIA’s Cosmos world models solved the data problem — robots can now train millions of times faster in simulation than in the physical world. VLA models solved the intelligence problem — a single model sees, understands natural language, and acts. The EV supply chain solved the cost problem. The infrastructure for a Physical AI industry is in place. What follows is deployment at scale.”

    About FinSight Ventures

    FinSight Ventures is a global technology investment firm founded in 2012, with offices in the United States, India, and Cyprus. The fund manages $1B+ in assets across a portfolio that includes 13 unicorns. Portfolio companies comprise Klarna, Uzum, Razorpay, Cashea, Rappi, Punto Pago, and more than 80 other companies. Last year, FinSight launched the FinSight Gen AI Index Fund, which invested in 13 companies that represent the American AI Sector including Together AI, Fin AI, Crusoe, Glean among others.

    Contact

    PR manager
    Eugene Medvedev
    FinSight Ventures
    em@finsightvc.com
    +48515264291

  • Velaris Markets: an MT5 broker and a prop service, live since July 2026

    Each service has its own terms; the prop service uses demo accounts and is not a brokerage service.

    Castries, Saint Lucia, October 28th, 2026 – Velaris Markets operates two services under one brand. Its brokerage offers CFDs on forex, indices, commodities and crypto on MetaTrader 5. Its prop service runs trading challenges on simulated accounts of up to $100,000: traders who pass and verify their identity receive a funded simulated account and 80% of the profit on that account, paid as a reward. Both services launched in July 2026.

    Brokerage: two account types, no minimum deposit

    The Standard account has spreads from 1.2 pips and no commission. The ECN account has spreads from 0.0 pips plus a commission of $7 per lot round turn on forex and metals. There is no minimum deposit. Leverage goes up to 1:200 on FX pairs and is lower on other asset classes. Clients deposit by card or in crypto (BTC, ETH, USDT, USDC). The client portal also offers copy trading, where a client’s own account follows a strategy provider, and Money Management (PAMM) pools run by pool managers.

    Prop service: simulated accounts from $2,500 to $100,000

    The prop service runs 1-Step challenges with account sizes from $2,500 to $25,000 and 2-Step challenges from $2,500 to $100,000, all on MT5, for a one-time fee starting at $29. There is no time limit to pass. A trader who passes and completes identity verification receives a funded account of the same size. Payouts run in 14-day cycles, and each payout request receives a decision within 48 hours. On the 2-Step challenge, the fee is returned with the first payout.

    “Our experience in the industry shows that established firms in this business run both a brokerage and a prop structure, because together they build more trust in the brand,” said Yasen Dimitrov, Director of Velaris Markets. “A trader with a few hundred dollars has two options: trade that money directly, or pay a fee to prove a strategy on a larger simulated account. At Velaris the same trader can open a broker account with no minimum deposit, or start a $2,500 2-Step challenge for $29, where the most they can lose is the fee.”

    Both services use the same support model. Live chat is open at any hour: an AI assistant answers first and hands over to the support team, which works Monday to Friday. The aim is to resolve the issue during the chat rather than open a ticket and reply later.

    The brokerage is available at velarismarkets.com and the prop service at prop.velarismarkets.com. Neither service is available to citizens or residents of the United States or of sanctioned jurisdictions; the full lists are in each service’s terms.

    About Velaris Markets

    Velaris Markets Limited is a company incorporated in Saint Lucia in January 2026 under company number 2026-00083. It is not licensed by a financial regulator. Client funds at the brokerage are held separately from the company’s operating funds. The prop service is not a brokerage service and is not a regulated financial service; it is an evaluation program run on demo accounts.

  • TrueFin Digital Collaborates with Kayan Group on Co-Branded Environmental Card Initiative

    Digital payment capabilities complement forest conservation and carbon-project infrastructure in Indonesia.

    Labuan, Malaysia, 28th Oct 2026 – TrueFin Digital Ltd., a company incorporated in Labuan, Malaysia, is collaborating with Kayan Group Holdings on an environmental card initiative linked to the Group’s corporate social responsibility activities and its wider environmental programmed in North and East Kalimantan, Indonesia.

    The initiative forms part of a broader ecosystem that brings together environmental project development, blockchain infrastructure and digital financial services. Kayan Group is advancing its Kayan Forest program in partnership with BiCO2, which is a unified end-to-end Carbon Credit issuance and management platform, to enhance Kayan’s goal of digital representation of eligible carbon-credit units as development and verification milestones are completed.

    TrueFin provides a digital finance ecosystem connecting digital assets with real-world payment functionality through wallet and card services. Its product line includes virtual debit cards and physical payment cards designed for online and everyday spending, subject to service availability and applicable compliance requirements.

    – The signing ceremony was attended by members of all three entities in Kuala Lumpur.

     

    Through the collaboration, Kayan will launch dedicated cards co-branded with TrueFin, designed to support the environmental initiative where a portion of every dollar spent contributes to climate change related programs. The card is expected to onboard up to 10,000 of Kayan’s existing community members within six months of launch. It is intended to complement Kayan Group’s wider environmental and corporate social responsibility programs.

    By connecting its wallet and card services with Kayan’s environmental initiative, TrueFin aims to make everyday spending a practical channel for supporting climate-related programs. The collaboration reflects TrueFin’s community-oriented approach to digital finance, combining convenient payment services with opportunities for cardholders to contribute to Kayan’s long-term forest conservation and corporate social responsibility objectives.

    Further details on the card’s features, implementation and availability can be found at https://www.kayantoken.io

     

    About TrueFin Digital Ltd.

    TrueFin Digital Ltd. is an investment holding company incorporated in Labuan, Malaysia as a holding company, currently holding three entities in fintech:

    • Darlitana UAB: a licensed Virtual Asset Service Provider (VASP) in Lithuania
    • GC Global Finance: a Money Services Business (MSB), which is in the process of obtaining Payment Service Provider (PSP) registration with the Bank of Canada
    • GC Trust KB: trust management and administration

    TrueFin has developed a digital finance ecosystem that connects digital assets with real-world payment services. Its product line includes digital wallets, virtual debit cards and physical payment cards, alongside its mooted vision of Banking 5.0 also known as programmable finance.

    Media enquiries: support@truefin.finance

    Website: https://truefin.finance

    Social Media:

    X (Twitter): https://x.com/truefinfinance

    Facebook: https://www.facebook.com/truefinfinance

    Instagram: https://www.instagram.com/truefinfinance/

    YouTube: https://www.youtube.com/@truefinfinance2u

    Telegram: https://t.me/truefincommunity

    This release is for informational purposes only.

     

    Media Contact

    Organization: Truefin Digital Ltd.

    Contact Person: Dato Dr. Shamshudeen Yunus

    Website: https://truefin.digital/

    Email: Send Email

    State: Labuan

    Country: Malaysia

    Release id: 50247

    View source version on King Newswire:
    TrueFin Digital Collaborates with Kayan Group on Co-Branded Environmental Card Initiative

    file

  • BiCO2 Announces Kayan Project Onboarding to Its Unified Carbon Platform

    Collaboration connects forest conservation in Kalimantan with carbon project development and blockchain infrastructure.

    Labuan, Malaysia, 28th Oct 2026 – BiCO2 has announced the onboarding of the Kayan Forest project to its unified carbon platform, supporting the development of digital infrastructure for Kayan Group Holdings’ environmental program in Indonesia.

    BiCO2, or Blockchain Integrated Carbon Credit Issuance, is powered by MaalChain. Its platform brings project owners, planting teams, validators, verifiers, governance participants and market users into one environment covering project registration, validation, verification, credit issuance, trading and retirement.

    Its services include project-development documentation support and access to validation and verification participants. For project owners, the platform is designed to coordinate these stages and make the history of eligible carbon-credit transactions easier to trace.

    Kayan’s onboarding applies BiCO2’s approach, which brings project information and carbon-market participants into one coordinated and transparent environment, to a long-term forest conservation program.The Kayan program focuses on forest conservation, biodiversity protection and sustainable development in North and East Kalimantan, with Indigenous and local community participation. Its stated planning scope covers approximately 8.68 million hectares, with a proposed 60-year cooperation horizon. Eligible project areas remain subject to documented rights, applicable approvals and project requirements.

    The collaboration is intended to support project documentation and digital representation of eligible carbon-credit units as development and verification milestones are completed. Planned carbon-credit NFTs would provide traceable records of eligible units, including their transfer and retirement.

    “Working with BiCO2 supports our plans to connect forest stewardship with the professional processes and digital services needed for carbon-market participation,” said Dr Eddy Limantoro, Founder of Kayan Group Holdings.

    The wider ecosystem includes KYNCO2, a utility token for authorized service payments and carbon NFT settlement.Which has completed development and secured listing dates on GCex and P2B, set for15 November 2026.

    Media enquiries: 

    contact@bico2.org 

    www.bico2.org 

    www.kayantoken.io

    Carbon credits remain subject to applicable methodologies, independent assessment and registry requirements.

    Media Contact

    Organization: BiCO2

    Contact Person: Mr. John Pellegrini

    Website: https://www.bico2.org/

    Email: Send Email

    State: Labuan

    Country: Malaysia

    Release id: 50243

    View source version on King Newswire:
    BiCO2 Announces Kayan Project Onboarding to Its Unified Carbon Platform

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  • Kayan Group Advances KYNCO2 Development, Targets Exchange Listing

    Technology partnerships and professional assessments support the Group’s latest development plans.

    Labuan, Malaysia, 28th Oct 2026 – Kayan Group Holdings is advancing the development of Kayan Carbon Token (KYNCO2), with planned listings on GCex and P2B, subject to the finalisation of exchange arrangements, applicable compliance requirements and technical preparations.

    As part of this development programme, the Group has engaged AI Green Bubble (AIGB) for blockchain technology development and Tijarah Holding for Proof of Reserve (PoR). The Group is also working with BiCO2 on carbon-credit non-fungible tokens (NFTs) and supporting infrastructure intended to facilitate the tracking and settlement of eligible carbon credits.

    Separately, the National Certified Valuators Company (NCDLT) has issued a token classification document identifying KYNCO2 as a functional utility token, alongside a separate assessment of the Kayan Project’s development rights. These documents are subject to their respective scopes, assumptions, qualifications and limitations and should not be interpreted as regulatory approval or a guarantee of project value.

    “Our priority is to establish clear project documentation and the technology needed to support practical services. These engagements bring specialist capabilities to the next phase of Kayan Group’s development,” said Dr Eddy Limantoro, Founder of Kayan Group Holdings.

    KYNCO2 is designed to support service payments and carbon NFT settlement within the Kayan Forest ecosystem in North and East Kalimantan, Indonesia. The Group’s wider programme also includes collaboration with TrueFin Digital on an environmental card initiative linked to its corporate social responsibility activities.

    “We are targeting GCex and P2B to broaden access to the Kayan ecosystem. We will announce launch dates and trading details once the exchange agreements, compliance requirements and technical preparations are finalised,” Mr Loke added.

    Official website: https://www.kayantoken.io

    Social Media:

    Facebook: https://www.facebook.com/people/KAYAN-TOKEN/61595072415280/

    Instagram: https://www.instagram.com/kayantoken/

    LinkedIn: https://www.linkedin.com/company/kayantoken/

    X (Twitter): https://x.com/kayantoken

    Medium: https://kayanforest.medium.com/

    KYNCO2 is a utility token, not a carbon credit. This press release is for information purposes only.

     

    Media Contact

    Organization: Kayan Holdings Ltd.

    Contact Person: Azmi Faez

    Website: https://www.kayantoken.io/

    Email: Send Email

    State: Labuan

    Country: Malaysia

    Release id: 50246

    View source version on King Newswire:
    Kayan Group Advances KYNCO2 Development, Targets Exchange Listing

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