Cloud PR Wire

Author: Chain Wire

  • Octozi Raises $3M in Seed Funding to bring Agentic AI to Clinical Development

    New York City, United States, July 7th, 2026, FinanceWire

    Octozi, an artificial intelligence company that automates clinical development workflows for pharmaceutical sponsors, has raised $3 million in seed funding. The round was led by Surface Ventures, with participation from Remarkable Ventures, and follows a prior investment from the venture arm of Debiopharm, a Swiss pharmaceutical company.

    Clinical trials generate substantial volumes of data that must be cleaned, reconciled, and reviewed before a new treatment can gain a drug approval from regulators. Much of this work is performed manually by data managers, medical monitors, and safety teams, which adds time and cost to drug development.

    Octozi’s platform integrates with existing clinical systems and uses a human-in-the-loop design in which clinical study teams retain oversight while AI automation accelerates data cleaning, data review, reconciliation, and reporting. The platform combines large language models with deterministic clinical algorithms and external medical knowledge so that outputs reflect clinical context, such as distinguishing an expected drop in platelet counts after chemotherapy from a discrepancy that requires review.

    The platform already currently supports Phase III trials, a late stage of clinical development involving thousands of patients. In a controlled study described in a published research paper, Octozi’s artificial intelligence assistance increased data cleaning throughput approximately six-fold and reduced the reviewer error rate from 54.7 percent to 8.5 percent, while lowering false positive queries approximately fifteen-fold. An accompanying economic analysis of a representative Phase III oncology trial estimated savings of more than $5 million per trial.

    “Most tools in this space put trial data on a dashboard and leave the analysis to clinical teams,” said Amit Patel, co-founder and chief executive officer of Octozi. “Octozi was built to perform that work alongside the people who own the data, with the human in control and the model handling tasks that previously took weeks of manual effort.”

    “Octozi brings value to pharmaceutical companies in multiple ways,” said Gyan Kapur, managing partner at Surface Ventures. “It improves the quality of data submitted to regulatory bodies; it helps clinical development and data teams with their day to day work, allowing them to be less of a bottleneck in all the trials they may be managing; and it speeds up the time on specific tasks, which allow pharmaceutical companies to get data out faster to regulators, potentially speeding up time to market for life saving therapies.”

    “Clinical development is one of the most expensive and time-consuming processes in any industry, and the data operations layer underneath it has barely changed in decades,” Patel said. “We think purpose-built AI, designed around how clinical teams actually work, can compress timelines, reduce risk, and bring down cost across the entire development cycle.”

    About Octozi

    Octozi is a New York-based artificial intelligence company that automates clinical trial data operations for pharmaceutical sponsors and contract research organizations. Its human-in-the-loop platform integrates with existing clinical systems to automate the cleaning, reconciliation, review, and reporting of trial data. More information is available at www.octozi.com.

    Contact

    CEO
    Amit Patel
    Octozi
    info@octozi.com

  • Envirotech Vehicles (NASDAQ: EVTV) Closes Merger with Azio AI Ahead of Schedule, Positioning Combined Company to Capture $487 Billion 2026 AI Infrastructure Opportunity

    Texas, USA, July 7th, 2026, FinanceWire

    Revised transaction structure enables immediate closing, accelerating the Company’s strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure.

    Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the Company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.[1] The transaction marks a defining milestone in the Company’s strategic transformation and establishes the foundation for its next phase of commercial execution and long-term growth.

    The parties amended the proposed transaction structure to expedite the closing timeline, allowing the combined company to begin operating as a fully integrated public company significantly sooner than originally anticipated. The accelerated closing enables management to immediately focus on commercialization across its expanding AI Datacenter strategy.

    With the merger complete and the combined company operating as one organization, management is now fully focused on commercial execution, infrastructure deployment, strategic growth initiatives, and creating long-term shareholder value.

    Over the past several months, the Company advanced development activities at its South Texas site and deployed six megawatts of off-grid power for its modular data centers. The Company further secured rights to a 548-acre site with the capacity to scale up to 500 MW, supporting the future development of AI hyperscale data centers.

    Management believes these achievements demonstrate that the combined company is entering its next phase with meaningful operational momentum already in place rather than beginning from a standing start. Infrastructure deployment is underway, customer commitments have already been established, commercial execution is actively progressing, and the Company’s corporate structure is now aligned with an operating platform built to support long-term expansion.

    The completion of the merger comes at a time when investment in AI infrastructure continues to accelerate globally as enterprises increasingly require access to high-performance computing resources, GPU infrastructure, and scalable digital power solutions. Management believes the combined company is well positioned to capitalize on these long-term industry trends through a diversified infrastructure strategy designed to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations.

    Following the closing of the transaction, the Company intends to continue expanding its AI Infrastructure strategy through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships designed to maximize utilization of its power resources while creating multiple long-term revenue opportunities.

    In connection with the closing of the merger, Phillip Oldridge has stepped down as Chief Executive Officer. Jason Maddox vacates the President position and is now the Chief Financial Officer. The Company’s Board of Directors appointed Simon Yu as President and Chris Young as Chief Executive Officer, effective immediately.

    Mr. Yu is a serial entrepreneur and public markets operator with almost a decade of experience taking companies public, executing capital raises, and scaling businesses. He has previously served in founder, C-suite, and board roles at three publicly traded companies, two of which reached market capitalizations in excess of $1 billion. Mr. Yu has led legal, accounting, and advisory teams through Regulation A+ Tier 2 offerings, PCAOB audits, and public company reporting, alongside leading M&A transactions. As an active early-stage venture investor, he has evaluated investment opportunities across artificial intelligence, SaaS, and B2B technology.

    Mr. Young brings extensive experience in launching and leading public companies and investing in and advising emerging technology companies, with a particular focus on artificial intelligence, software innovation, and strategic growth initiatives. Prior to joining EVTV, he served as Chief Executive Officer of Clubhouse Media Group, a publicly traded social media company and an Entrepreneur in Residence at Amplify, where he worked alongside founders and venture-backed technology companies to accelerate commercialization and support the development of high-growth technology businesses.

    “Today’s announcement represents far more than the completion of a merger—it marks the beginning of our next chapter,” said Chris Young, Chief Executive Officer of EVTV. “Over the past several months, our teams have been building the operational foundation of this business while simultaneously working toward completing this transaction. With the merger now finalized, we move forward as one company with one leadership team and one strategy, focused on executing against the opportunities in front of us. We believe demand for AI infrastructure, enterprise compute, and digital infrastructure will continue expanding for years to come. Our objective is to build a scalable platform capable of serving that demand while creating long-term value for our shareholders.”

    Jason Maddox, Chief Financial Officer of EVTV, added, “Completing this transaction under the amended merger structure allows us to immediately focus on execution. We have already established meaningful operational momentum, and we believe operating as a unified public company enhances our ability to deploy infrastructure, serve customers, pursue strategic growth opportunities, and continue building long-term shareholder value.”

    The transaction establishes a unified operating platform designed to support the Company’s long-term growth strategy through continued investment in AI infrastructure, enterprise computing, digital power assets, and digital infrastructure development. Management believes the completion of the merger provides the operational and organizational foundation necessary to pursue the next phase of commercialization while expanding its presence across some of the fastest-growing sectors of the global technology market.

    Transaction and Operational Highlights

    • Successfully completed the merger with Azio AI pursuant to an amended and restated merger agreement.
    • Approximately six megawatts of off-grid digital infrastructure deployed at the Company’s South Texas development site.
    • Development footprint exceeding 548 acres with the potential to support up to 500 MW of AI infrastructure capacity.
    • Combined company positioned to accelerate commercialization across AI infrastructure, enterprise GPU compute, digital power solutions, and digital asset mining operations.
    • Merger consideration consisted of 2,655,157 shares of common stock and 973,450 shares of non-voting convertible preferred stock in exchange for 100% of outstanding capital stock of Azio AI, of which 194,807 shares of common stock were reserved for convertible notes of Azio AI assumed by the Company upon closing.
    • Each share of preferred stock convertible into 100 shares of Company common stock subject to stockholder approval.
    • Chris Young appointed Chief Executive Officer and Chairman of the Board.
    • Simon Yu appointed President.
    • Jason Maddox appointed Chief Financial Officer.
    • Phillip Oldridge stepped down as Chief Executive Officer.

    About Envirotech Vehicles, Inc.

    Envirotech Vehicles, Inc. (NASDAQ: EVTV) is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and digital asset mining operations. Following its acquisition of Azio AI, the Company operates an integrated AI infrastructure business encompassing AI data center development, the sale and distribution of enterprise GPU systems and server infrastructure, high-performance computing solutions, power hosting, and strategic technology investments, serving enterprise and institutional customers across domestic and international markets. Through this diversified AI infrastructure strategy, the Company is positioned to capitalize on the rapidly expanding global demand for AI infrastructure, compute capacity, digital power, and next-generation AI technologies.

    For more information please visit: www.azioai.ai and for potential partnerships contact: AI@PhoenixMGMTconsulting.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “continue,” “potential,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements include statements regarding the Company’s ability to capitalize on accelerating demand for AI infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; the Company’s plans to continue expanding its digital infrastructure platform through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships; the Company’s ability to maximize utilization of its power resources while creating multiple long-term revenue opportunities; the ability to continue deploying modular digital infrastructure at the Company’s South Texas site; the anticipated deployment and scaling of NVIDIA B200 and B300 GPU systems; the ability to advance and execute against the Company’s commercial infrastructure pipeline; the anticipated development of the Company’s footprint; the ability to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations; customer demand for AI infrastructure, enterprise compute, and digital infrastructure; the Company’s ability to build a scalable platform designed to serve that demand and create long-term shareholder value; and the Company’s broader business strategy and long-term growth objectives.

    These statements are based on current expectations and assumptions that involve risks and uncertainties that could cause actual results to differ materially. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may affect actual results include, but are not limited to, the Company’s limited operating history within AI infrastructure and compute operations, project scope, engineering challenges, supply chain constraints, installation timelines, energy availability, finalization of site usage rights, regulatory considerations, equipment performance, ability to raise capital required for expansion activities, changes in digital asset markets, evolving compute demand, market conditions, the Company’s ability to successfully integrate the combined business following the completion of the merger, the risk that the anticipated benefits and synergies of the merger are not realized, the risk of unexpected costs, charges, or expenses resulting from or relating to the merger, potential adverse reactions or changes to business relationships resulting from the completion of the merger, risks related to the diversion of management’s attention from ongoing business operations during the post-closing integration period, the risk that required stockholder approval for the conversion of preferred stock issued in the merger as required by rules of The Nasdaq Stock Market LLC (the “Conversion Proposal”) is not obtained, and additional risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update forward-looking statements except as required by law.

    Important Information About the Merger and Where to Find it

    The Company expects to file a proxy statement with the SEC relating to the Conversion Proposal. The definitive proxy statement will be sent to all Company stockholders. Before making any voting decision, investors and security-holders of the Company are urged to read the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the Conversion Proposal as they become available because they will contain important information about the amended and restated merger agreement between the parties and the related transactions and the Conversion Proposal to be voted upon by the Company’s stockholders. Investors and security-holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the SEC by the Company through the website maintained by the SEC at www.sec.gov.

    Participants in the Solicitation

    The Company and its directors and executive officers may be considered participants in the solicitation of proxies from EVTV’s stockholders with respect to the Conversion Proposal under the rules of the SEC. Information about the directors and executive officers of EVTV is set forth in its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on April 13, 2026, and in subsequent Quarterly Reports on Form 10-Q and other documents filed by the Company from time to time with the SEC. Additional information regarding the persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the proxy statement, and other relevant materials to be filed with the SEC when they become available. You may obtain free copies of these documents as described above.

    ¹ Source: International Data Corporation (IDC), “AI Infrastructure Spending Caps Historic Year at ~$90 Billion in Q4 2025; 2029 Spending to Eclipse $1 Trillion,” April 16, 2026. The Company has not independently verified the data or projections contained in this report, and there can be no assurance that the projections will be realized.

    Contact

    Phoenix MGMT & Consulting
    Press@PhoenixMGMTConsulting.com
    888-228-0122

  • Envirotech Vehicles (NASDAQ: EVTV) Closes Merger with Azio AI Ahead of Schedule, Positioning Combined Company to Capture $487 Billion 2026 AI Infrastructure Opportunity

    Texas, USA, July 7th, 2026, FinanceWire

    Revised transaction structure enables immediate closing, accelerating the Company’s strategic pivot toward AI data centers, enterprise GPU compute, and digital power infrastructure.

    Envirotech Vehicles, Inc. (NASDAQ: EVTV) (“EVTV” or the “Company”) today announced the successful completion of its merger with Azio AI Corporation (“Azio AI”) on July 2, 2026, paving the way for the Company to transform to an AI Datacenter Provider and meeting the growing market demand for artificial intelligence (“AI”) infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; a market that the International Data Corporation (IDC) projects will reach $487 billion in global spending in 2026 and exceed $1 trillion by 2029.[1] The transaction marks a defining milestone in the Company’s strategic transformation and establishes the foundation for its next phase of commercial execution and long-term growth.

    The parties amended the proposed transaction structure to expedite the closing timeline, allowing the combined company to begin operating as a fully integrated public company significantly sooner than originally anticipated. The accelerated closing enables management to immediately focus on commercialization across its expanding AI Datacenter strategy.

    With the merger complete and the combined company operating as one organization, management is now fully focused on commercial execution, infrastructure deployment, strategic growth initiatives, and creating long-term shareholder value.

    Over the past several months, the Company advanced development activities at its South Texas site and deployed six megawatts of off-grid power for its modular data centers. The Company further secured rights to a 548-acre site with the capacity to scale up to 500 MW, supporting the future development of AI hyperscale data centers.

    Management believes these achievements demonstrate that the combined company is entering its next phase with meaningful operational momentum already in place rather than beginning from a standing start. Infrastructure deployment is underway, customer commitments have already been established, commercial execution is actively progressing, and the Company’s corporate structure is now aligned with an operating platform built to support long-term expansion.

    The completion of the merger comes at a time when investment in AI infrastructure continues to accelerate globally as enterprises increasingly require access to high-performance computing resources, GPU infrastructure, and scalable digital power solutions. Management believes the combined company is well positioned to capitalize on these long-term industry trends through a diversified infrastructure strategy designed to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations.

    Following the closing of the transaction, the Company intends to continue expanding its AI Infrastructure strategy through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships designed to maximize utilization of its power resources while creating multiple long-term revenue opportunities.

    In connection with the closing of the merger, Phillip Oldridge has stepped down as Chief Executive Officer. Jason Maddox vacates the President position and is now the Chief Financial Officer. The Company’s Board of Directors appointed Simon Yu as President and Chris Young as Chief Executive Officer, effective immediately.

    Mr. Yu is a serial entrepreneur and public markets operator with almost a decade of experience taking companies public, executing capital raises, and scaling businesses. He has previously served in founder, C-suite, and board roles at three publicly traded companies, two of which reached market capitalizations in excess of $1 billion. Mr. Yu has led legal, accounting, and advisory teams through Regulation A+ Tier 2 offerings, PCAOB audits, and public company reporting, alongside leading M&A transactions. As an active early-stage venture investor, he has evaluated investment opportunities across artificial intelligence, SaaS, and B2B technology.

    Mr. Young brings extensive experience in launching and leading public companies and investing in and advising emerging technology companies, with a particular focus on artificial intelligence, software innovation, and strategic growth initiatives. Prior to joining EVTV, he served as Chief Executive Officer of Clubhouse Media Group, a publicly traded social media company and an Entrepreneur in Residence at Amplify, where he worked alongside founders and venture-backed technology companies to accelerate commercialization and support the development of high-growth technology businesses.

    “Today’s announcement represents far more than the completion of a merger—it marks the beginning of our next chapter,” said Chris Young, Chief Executive Officer of EVTV. “Over the past several months, our teams have been building the operational foundation of this business while simultaneously working toward completing this transaction. With the merger now finalized, we move forward as one company with one leadership team and one strategy, focused on executing against the opportunities in front of us. We believe demand for AI infrastructure, enterprise compute, and digital infrastructure will continue expanding for years to come. Our objective is to build a scalable platform capable of serving that demand while creating long-term value for our shareholders.”

    Jason Maddox, Chief Financial Officer of EVTV, added, “Completing this transaction under the amended merger structure allows us to immediately focus on execution. We have already established meaningful operational momentum, and we believe operating as a unified public company enhances our ability to deploy infrastructure, serve customers, pursue strategic growth opportunities, and continue building long-term shareholder value.”

    The transaction establishes a unified operating platform designed to support the Company’s long-term growth strategy through continued investment in AI infrastructure, enterprise computing, digital power assets, and digital infrastructure development. Management believes the completion of the merger provides the operational and organizational foundation necessary to pursue the next phase of commercialization while expanding its presence across some of the fastest-growing sectors of the global technology market.

    Transaction and Operational Highlights

    • Successfully completed the merger with Azio AI pursuant to an amended and restated merger agreement.
    • Approximately six megawatts of off-grid digital infrastructure deployed at the Company’s South Texas development site.
    • Development footprint exceeding 548 acres with the potential to support up to 500 MW of AI infrastructure capacity.
    • Combined company positioned to accelerate commercialization across AI infrastructure, enterprise GPU compute, digital power solutions, and digital asset mining operations.
    • Merger consideration consisted of 2,655,157 shares of common stock and 973,450 shares of non-voting convertible preferred stock in exchange for 100% of outstanding capital stock of Azio AI, of which 194,807 shares of common stock were reserved for convertible notes of Azio AI assumed by the Company upon closing.
    • Each share of preferred stock convertible into 100 shares of Company common stock subject to stockholder approval.
    • Chris Young appointed Chief Executive Officer and Chairman of the Board.
    • Simon Yu appointed President.
    • Jason Maddox appointed Chief Financial Officer.
    • Phillip Oldridge stepped down as Chief Executive Officer.

    About Envirotech Vehicles, Inc.

    Envirotech Vehicles, Inc. (NASDAQ: EVTV) is a technology infrastructure company focused on developing, owning, and operating artificial intelligence data centers, enterprise GPU compute infrastructure, digital power solutions, and digital asset mining operations. Following its acquisition of Azio AI, the Company operates an integrated AI infrastructure business encompassing AI data center development, the sale and distribution of enterprise GPU systems and server infrastructure, high-performance computing solutions, power hosting, and strategic technology investments, serving enterprise and institutional customers across domestic and international markets. Through this diversified AI infrastructure strategy, the Company is positioned to capitalize on the rapidly expanding global demand for AI infrastructure, compute capacity, digital power, and next-generation AI technologies.

    For more information please visit: www.azioai.ai and for potential partnerships contact: AI@PhoenixMGMTconsulting.com

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as “may,” “will,” “could,” “expect,” “anticipate,” “believe,” “estimate,” “project,” “intend,” “continue,” “potential,” “ongoing,” or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements include statements regarding the Company’s ability to capitalize on accelerating demand for AI infrastructure, enterprise GPU compute, digital power solutions, data center development, and digital asset infrastructure; the Company’s plans to continue expanding its digital infrastructure platform through AI data center development, enterprise GPU compute solutions, power hosting services, digital asset mining operations, strategic infrastructure investments, and additional commercial partnerships; the Company’s ability to maximize utilization of its power resources while creating multiple long-term revenue opportunities; the ability to continue deploying modular digital infrastructure at the Company’s South Texas site; the anticipated deployment and scaling of NVIDIA B200 and B300 GPU systems; the ability to advance and execute against the Company’s commercial infrastructure pipeline; the anticipated development of the Company’s footprint; the ability to monetize power assets across multiple complementary revenue streams, including AI data centers, enterprise compute infrastructure, power hosting, and digital asset mining operations; customer demand for AI infrastructure, enterprise compute, and digital infrastructure; the Company’s ability to build a scalable platform designed to serve that demand and create long-term shareholder value; and the Company’s broader business strategy and long-term growth objectives.

    These statements are based on current expectations and assumptions that involve risks and uncertainties that could cause actual results to differ materially. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may affect actual results include, but are not limited to, the Company’s limited operating history within AI infrastructure and compute operations, project scope, engineering challenges, supply chain constraints, installation timelines, energy availability, finalization of site usage rights, regulatory considerations, equipment performance, ability to raise capital required for expansion activities, changes in digital asset markets, evolving compute demand, market conditions, the Company’s ability to successfully integrate the combined business following the completion of the merger, the risk that the anticipated benefits and synergies of the merger are not realized, the risk of unexpected costs, charges, or expenses resulting from or relating to the merger, potential adverse reactions or changes to business relationships resulting from the completion of the merger, risks related to the diversion of management’s attention from ongoing business operations during the post-closing integration period, the risk that required stockholder approval for the conversion of preferred stock issued in the merger as required by rules of The Nasdaq Stock Market LLC (the “Conversion Proposal”) is not obtained, and additional risks and uncertainties described in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q filed with the SEC, which are available at www.sec.gov. The Company undertakes no obligation to update forward-looking statements except as required by law.

    Important Information About the Merger and Where to Find it

    The Company expects to file a proxy statement with the SEC relating to the Conversion Proposal. The definitive proxy statement will be sent to all Company stockholders. Before making any voting decision, investors and security-holders of the Company are urged to read the proxy statement and all other relevant documents filed or that will be filed with the SEC in connection with the Conversion Proposal as they become available because they will contain important information about the amended and restated merger agreement between the parties and the related transactions and the Conversion Proposal to be voted upon by the Company’s stockholders. Investors and security-holders will be able to obtain free copies of the proxy statement and all other relevant documents filed or that will be filed with the SEC by the Company through the website maintained by the SEC at www.sec.gov.

    Participants in the Solicitation

    The Company and its directors and executive officers may be considered participants in the solicitation of proxies from EVTV’s stockholders with respect to the Conversion Proposal under the rules of the SEC. Information about the directors and executive officers of EVTV is set forth in its Annual Report on Form 10-K for the year ended December 31, 2025, which was filed with the SEC on April 13, 2026, and in subsequent Quarterly Reports on Form 10-Q and other documents filed by the Company from time to time with the SEC. Additional information regarding the persons who may be deemed participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will also be included in the proxy statement, and other relevant materials to be filed with the SEC when they become available. You may obtain free copies of these documents as described above.

    ¹ Source: International Data Corporation (IDC), “AI Infrastructure Spending Caps Historic Year at ~$90 Billion in Q4 2025; 2029 Spending to Eclipse $1 Trillion,” April 16, 2026. The Company has not independently verified the data or projections contained in this report, and there can be no assurance that the projections will be realized.

    Contact

    Phoenix MGMT & Consulting
    Press@PhoenixMGMTConsulting.com
    888-228-0122

  • PrimeXBT Launches Gold 24/7 Trading on PXTrader 2.0

    Castries, Saint Lucia, July 7th, 2026, FinanceWire

    PrimeXBT, a global multi-asset broker and crypto asset service provider, has launched Gold 24/7 trading, enabling traders to access opportunities in one of the world’s most important markets beyond traditional trading hours.

    The new instrument, GOLD 24/7, is available on the PXTrader 2.0 platform in both Live and Demo accounts. During weekdays, trading conditions remain consistent with the standard XAU/USD instrument, offering leverage of up to 1:1000, spreads from $0.35, and VIP Tier pricing that can reduce spreads to as low as $0.17 for high-volume traders. Weekend trading is subject to specific trading conditions. Traders also benefit from advanced charting powered by TradingView and a range of integrated risk management tools.

    The launch comes as global markets continue to react to geopolitical developments, central bank decisions, inflation data, and unexpected news events that may occur outside traditional market hours. While Gold has long served as a key safe-haven asset during periods of uncertainty, traders have previously been unable to respond to major developments occurring between Friday’s close and the reopening of markets. 

    “With Gold 24/7 trading, traders can react to events as they happen, manage risk throughout the weekend, and reduce exposure to Monday price gaps by adjusting positions before markets reopen. All of this is available through the same familiar gold market traders already know, now accessible around the clock,” highlighted Jonatan Randin, Senior Market Analyst at PrimeXBT.

    Additionally, many of the same forces that drive Gold also influence digital asset markets. With Gold now available 24/7, traders can engage with it on the same timeline as cryptocurrencies, while benefiting from crypto funding and access to multiple asset classes through a single PrimeXBT account.

    PrimeXBT continues to expand its multi-asset offering through innovative products that challenge traditional market limitations. By extending access to one of the world’s most important markets, the broker creates additional opportunities for traders to react to changing market conditions.

    To learn more, users can visit the PrimeXBT website.

    About PrimeXBT

    PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.

    Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

    Contact

    PrimeXBT
    pr@primexbt.com

  • PrimeXBT Launches Gold 24/7 Trading on PXTrader 2.0

    Castries, Saint Lucia, July 7th, 2026, FinanceWire

    PrimeXBT, a global multi-asset broker and crypto asset service provider, has launched Gold 24/7 trading, enabling traders to access opportunities in one of the world’s most important markets beyond traditional trading hours.

    The new instrument, GOLD 24/7, is available on the PXTrader 2.0 platform in both Live and Demo accounts. During weekdays, trading conditions remain consistent with the standard XAU/USD instrument, offering leverage of up to 1:1000, spreads from $0.35, and VIP Tier pricing that can reduce spreads to as low as $0.17 for high-volume traders. Weekend trading is subject to specific trading conditions. Traders also benefit from advanced charting powered by TradingView and a range of integrated risk management tools.

    The launch comes as global markets continue to react to geopolitical developments, central bank decisions, inflation data, and unexpected news events that may occur outside traditional market hours. While Gold has long served as a key safe-haven asset during periods of uncertainty, traders have previously been unable to respond to major developments occurring between Friday’s close and the reopening of markets. 

    “With Gold 24/7 trading, traders can react to events as they happen, manage risk throughout the weekend, and reduce exposure to Monday price gaps by adjusting positions before markets reopen. All of this is available through the same familiar gold market traders already know, now accessible around the clock,” highlighted Jonatan Randin, Senior Market Analyst at PrimeXBT.

    Additionally, many of the same forces that drive Gold also influence digital asset markets. With Gold now available 24/7, traders can engage with it on the same timeline as cryptocurrencies, while benefiting from crypto funding and access to multiple asset classes through a single PrimeXBT account.

    PrimeXBT continues to expand its multi-asset offering through innovative products that challenge traditional market limitations. By extending access to one of the world’s most important markets, the broker creates additional opportunities for traders to react to changing market conditions.

    To learn more, users can visit the PrimeXBT website.

    About PrimeXBT

    PrimeXBT is a global multi-asset broker and crypto asset service provider trusted by traders in more than 150 countries. The platform bridges traditional and digital markets within one integrated environment, redefining versatility and innovation in online trading. Clients can access Forex, CFDs on indices, commodities, shares, crypto, and Crypto Futures, as well as buy, store and exchange cryptocurrencies. This unified experience extends across both the native PXTrader 2.0 platform and MetaTrader 5, supported by advanced risk-management tools and a wide range of funding options in crypto, fiat and local payment methods. Since 2018, PrimeXBT has focused on empowering traders through broad multi-asset access, fair and transparent conditions, professional-grade technology and dedicated human support. By combining expertise, trust and a client-first approach, PrimeXBT sets a benchmark of excellence in the financial industry and provides traders with the tools they need to trade, grow and succeed with confidence.

    Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website / T&Cs. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

    Contact

    PrimeXBT
    pr@primexbt.com

  • Sui Processes Over 6 Million Transactions Per Second as AI Agents Drive Public Throughput Experiment

    Grand Cayman, Cayman Islands, July 6th, 2026, FinanceWire

    Autonomous AI agents battling across games, payments, and chat pushed Sui’s programmable tunnels to a peak of 6,086,766 TPS

    Sui, where money moves as freely as messages, processed the highest number of transactions per second ever performed on its network on Saturday, July 4, 2026. The milestone was hit live during a public experiment open to anyone and witnessed by thousands during a livestream.

    Made possible through “programmable tunnels,” which are offchain payment and state channels that settle to Sui mainnet when closed, the experiment invited users to log into an explorer built specifically for the event, using nothing more than an email address. Once connected, participants watched AI agents battle head-to-head across games, payments, and chat, all contributing transaction volume in real time toward a single goal: pushing Sui mainnet past 1 million transactions per second (TPS).

    The network exceeded that target several times over. At approximately 12:30 PM ET, Sui mainnet reached a peak of 6,086,766 TPS: more than six times the experiment’s 1 million TPS goal, and roughly 20 times higher than Sui’s previous maximum-TPS benchmark of 297,000 TPS, set in a controlled testing environment.

    Diving Into the Details

    The demo was led by Chief Cryptographer Kostas Chalkias, co-founder of Mysten Labs and a contributor to Sui, alongside Daniel Lam, a lead engineer on Mysten’s dedicated Sui hacker team. Participants signed in with zkLogin, the Sui primitive that makes it possible for users to log in with an existing account, such as Google, instead of a traditional crypto wallet, and received a test token, MTPS, to use in the experiment. As gas was sponsored throughout, users needed no prior SUI holdings to take part.

    From there, users and AI agents opened programmable, Lightning Network-style offchain channels, or “tunnels,” with one another to play games such as blackjack and “Quantum Poker,” draw together on a shared canvas, chat, and transact, all gaslessly and offchain, with activity settling back to Sui mainnet when each channel closed. Every closed channel was mutually cosigned and independently verifiable onchain, allowing the experiment to combine high throughput with cryptographic proof that no transaction was tampered with.

    “We proved that programmable tunnels aren’t just about payments,” said Kostas Chalkias, Chief Cryptographer and Co-Founder at Mysten Labs. “This is agent-to-agent commerce, competitive gaming, and prediction markets running gaslessly at massive scale. A company’s trading agent could play chess or poker against another company’s agent millions of times without touching the base chain. Consider real-world utility: you could lock funds offchain so someone without internet access, in an earthquake or a blackout, can still pay for groceries the moment they’re near a signal again. Right now there are only four or five proven product-market fits in crypto: stablecoins, DeFi, payments, prediction markets. I think programmable tunnels just opened the door to a fifth.”

    What’s Next

    Mysten Labs and the Sui hacker team plan to build on the experiment with additional capabilities, including confidential transfers via Nautilus, tunnels supporting more than two participants, and agent-to-agent prediction markets. 

    About Sui

    Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io.

    Contact

    Sui Foundation
    media@sui.io

  • Sui Processes Over 6 Million Transactions Per Second as AI Agents Drive Public Throughput Experiment

    Grand Cayman, Cayman Islands, July 6th, 2026, FinanceWire

    Autonomous AI agents battling across games, payments, and chat pushed Sui’s programmable tunnels to a peak of 6,086,766 TPS

    Sui, where money moves as freely as messages, processed the highest number of transactions per second ever performed on its network on Saturday, July 4, 2026. The milestone was hit live during a public experiment open to anyone and witnessed by thousands during a livestream.

    Made possible through “programmable tunnels,” which are offchain payment and state channels that settle to Sui mainnet when closed, the experiment invited users to log into an explorer built specifically for the event, using nothing more than an email address. Once connected, participants watched AI agents battle head-to-head across games, payments, and chat, all contributing transaction volume in real time toward a single goal: pushing Sui mainnet past 1 million transactions per second (TPS).

    The network exceeded that target several times over. At approximately 12:30 PM ET, Sui mainnet reached a peak of 6,086,766 TPS: more than six times the experiment’s 1 million TPS goal, and roughly 20 times higher than Sui’s previous maximum-TPS benchmark of 297,000 TPS, set in a controlled testing environment.

    Diving Into the Details

    The demo was led by Chief Cryptographer Kostas Chalkias, co-founder of Mysten Labs and a contributor to Sui, alongside Daniel Lam, a lead engineer on Mysten’s dedicated Sui hacker team. Participants signed in with zkLogin, the Sui primitive that makes it possible for users to log in with an existing account, such as Google, instead of a traditional crypto wallet, and received a test token, MTPS, to use in the experiment. As gas was sponsored throughout, users needed no prior SUI holdings to take part.

    From there, users and AI agents opened programmable, Lightning Network-style offchain channels, or “tunnels,” with one another to play games such as blackjack and “Quantum Poker,” draw together on a shared canvas, chat, and transact, all gaslessly and offchain, with activity settling back to Sui mainnet when each channel closed. Every closed channel was mutually cosigned and independently verifiable onchain, allowing the experiment to combine high throughput with cryptographic proof that no transaction was tampered with.

    “We proved that programmable tunnels aren’t just about payments,” said Kostas Chalkias, Chief Cryptographer and Co-Founder at Mysten Labs. “This is agent-to-agent commerce, competitive gaming, and prediction markets running gaslessly at massive scale. A company’s trading agent could play chess or poker against another company’s agent millions of times without touching the base chain. Consider real-world utility: you could lock funds offchain so someone without internet access, in an earthquake or a blackout, can still pay for groceries the moment they’re near a signal again. Right now there are only four or five proven product-market fits in crypto: stablecoins, DeFi, payments, prediction markets. I think programmable tunnels just opened the door to a fifth.”

    What’s Next

    Mysten Labs and the Sui hacker team plan to build on the experiment with additional capabilities, including confidential transfers via Nautilus, tunnels supporting more than two participants, and agent-to-agent prediction markets. 

    About Sui

    Sui, where money moves as freely as messages, is a next-generation Layer 1 blockchain built for scalable finance and global payments. Founded by the core team behind Meta’s stablecoin initiative and powered by an object-centric model, Sui makes assets, permissions, and user data programmable and ownable. Sui’s primitives offer builders everything they need to create high-performance payments and financial applications, including instant agentic payments. Users can learn more at sui.io.

    Contact

    Sui Foundation
    media@sui.io

  • Deribit and SignalPlus Launch The Island Trading Competition With Up to $600,000 USDC in Prizes

    Panama City, Panama, July 6th, 2026, Chainwire

    Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date.

    Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot.

    Registration for The Island opens on June 29 at 08:00 UTC, with the competition running from July 6 at 08:00 UTC through August 10 at 23:59 UTC. To participate, users must trade through SignalPlus on Deribit. Competition standings will be based on eligible options and futures trading volume only, with options weighted 1.0 and futures weighted 0.5.

    The campaign is designed around eleven core arenas spanning weekly volume competition, daily reward loops, team participation, referral-driven expansion, whale and block-trade incentives, and dynamic ecosystem progression in one connected experience. New mechanics in this edition include the Mystery Box deposit experience, a weekly P&L leaderboard, short-dated options reward multipliers, and the Flash Arena, where higher short-dated options volume unlocks more jackpot shots and reward opportunities.

    Key Details

    • Total Prize Pool: Up to $600,000 USDC
    • Registration Period: June 29, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
    • Competition Period: July 6, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
    • Eligibility: Open to eligible retail traders on Deribit via SignalPlus
    • Registration Link: https://t.signalplus.com/deribitislandcompetition

    This campaign is run by DRB Panama Inc and is not targeted at or intended for residents of Dubai, UAE. T&Cs apply. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full.

    Early Bird Incentives

    • Users who register by July 7th will receive 3 free Deribit options.
    • Team captains who invite five or more friends to register by July 7th will have a chance to win a Cressi Velvet Wetsuit valued at 300 USDC.
    • Among the first 10 participants to reach 200M in trading volume by July 12, one randomly selected winner will receive two RIMOWA suitcases valued at 5,000 USDC in total.

    “The Island brings together everything we want this competition to be: bigger scale, stronger participation loops, and a structure that rewards how active options traders actually engage,” said Luuk Strijers, Senior Director from Deribit by Coinbase. “With solo and team competition, short-dated options mechanics and aspirational rewards led by the Private Island jackpot, this is our most ambitious retail trading campaign yet.”

    “We are excited to partner with Deribit by Coinbase once again on the latest edition of the competition,” said Chris Yu, CEO and Co-Founder from SignalPlus. “The Island is designed to make participation more dynamic and more rewarding, whether traders are competing on volume, teaming up with their network, or engaging through short-dated options and daily missions. Together, we are creating a more immersive experience for sophisticated retail traders.”

    Competition Highlights include:

    • Core Arena: Weekly solo and team trading leaderboards designed to reward notional trading activity across individual and squad-based competition.
    • Mystery Box Deposit Round: Users who register and maintain deposits for seven days unlock Mystery Box draw chances tied to guaranteed USDC prizes and premium rewards.
    • Daily Reward Ecosystem: Daily individual and team missions encourage repeat engagement, with volume-based rewards and team milestone unlocks.
    • Flash Arena: Short-dated options trading powers daily reward multipliers and jackpot-style shooting mechanics, including access to the Private Island reward opportunity.
    • Block Arena: High-balance and block-trade participants can unlock fee rebates and luxury reward opportunities.
    • Expansion Arena: Referral mechanics reward both community growth and successful invitations of higher-value traders.

    In addition to the Private Island headline reward, this year’s prize pool includes a range of premium rewards such as a Rolex Watch, Apple Vision Pro, NVIDIA Stock, Luxury Turkey Trip, Ledger Stax, Gentle Monster Sunglasses, Razer Keyboard, SOL spot rewards, trading fee coupons, and daily USDC prize pools.

    The Island invites participants into a dynamic retail trading competition that combines strategic trading with team-based participation and a tiered reward structure. With every trade, participants move closer to exclusive rewards, from daily USDC prizes to the Private Island headline jackpot. The event begins today.

    About Deribit 

    Deribit by Coinbase is a centralized, institutional-grade provider of crypto derivatives ecosystem, specializing in Bitcoin and Ethereum options and futures. With state-of-the-art infrastructure, Deribit offers instantaneous price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a network of top-tier market makers. Deribit facilitates the majority of global crypto options volume and upholds rigorous proof-of-reserves practices to maintain the highest standards of integrity and transparency.

    About SignalPlus

    Signalplus provides trading software and infrastructure for crypto derivatives, helping professional and sophisticated retail traders access options, futures, and spot markets with advanced execution and analytics tools. SignalPlus delivers a comprehensive options trading suite tailored for crypto derivatives traders.

    Contact

    Manager, Retail Sales
    Sidrah Fariq
    Deribit
    sidrah.fariq@coinbase.com

  • Deribit and SignalPlus Launch The Island Trading Competition With Up to $600,000 USDC in Prizes

    Panama City, Panama, July 6th, 2026, Chainwire

    Deribit by Coinbase, via its broker-dealer DRB Panama Inc., and SignalPlus, a leading provider of software and infrastructure solutions for crypto derivatives, today announced the launch of The Island, their fifth trading competition and biggest edition to date.

    Running for 35 days, the competition features up to $600,000 USDC in prizes across solo and team competition, daily and weekly reward rounds, Mystery Box deposit mechanics, short-dated options challenges, and a Private Island jackpot.

    Registration for The Island opens on June 29 at 08:00 UTC, with the competition running from July 6 at 08:00 UTC through August 10 at 23:59 UTC. To participate, users must trade through SignalPlus on Deribit. Competition standings will be based on eligible options and futures trading volume only, with options weighted 1.0 and futures weighted 0.5.

    The campaign is designed around eleven core arenas spanning weekly volume competition, daily reward loops, team participation, referral-driven expansion, whale and block-trade incentives, and dynamic ecosystem progression in one connected experience. New mechanics in this edition include the Mystery Box deposit experience, a weekly P&L leaderboard, short-dated options reward multipliers, and the Flash Arena, where higher short-dated options volume unlocks more jackpot shots and reward opportunities.

    Key Details

    • Total Prize Pool: Up to $600,000 USDC
    • Registration Period: June 29, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
    • Competition Period: July 6, 2026, 08:00 UTC – August 10, 2026, 23:59 UTC
    • Eligibility: Open to eligible retail traders on Deribit via SignalPlus
    • Registration Link: https://t.signalplus.com/deribitislandcompetition

    This campaign is run by DRB Panama Inc and is not targeted at or intended for residents of Dubai, UAE. T&Cs apply. Virtual Assets are subject to extreme market volatility, involve a high degree of risk, and can lose value, in part or in full.

    Early Bird Incentives

    • Users who register by July 7th will receive 3 free Deribit options.
    • Team captains who invite five or more friends to register by July 7th will have a chance to win a Cressi Velvet Wetsuit valued at 300 USDC.
    • Among the first 10 participants to reach 200M in trading volume by July 12, one randomly selected winner will receive two RIMOWA suitcases valued at 5,000 USDC in total.

    “The Island brings together everything we want this competition to be: bigger scale, stronger participation loops, and a structure that rewards how active options traders actually engage,” said Luuk Strijers, Senior Director from Deribit by Coinbase. “With solo and team competition, short-dated options mechanics and aspirational rewards led by the Private Island jackpot, this is our most ambitious retail trading campaign yet.”

    “We are excited to partner with Deribit by Coinbase once again on the latest edition of the competition,” said Chris Yu, CEO and Co-Founder from SignalPlus. “The Island is designed to make participation more dynamic and more rewarding, whether traders are competing on volume, teaming up with their network, or engaging through short-dated options and daily missions. Together, we are creating a more immersive experience for sophisticated retail traders.”

    Competition Highlights include:

    • Core Arena: Weekly solo and team trading leaderboards designed to reward notional trading activity across individual and squad-based competition.
    • Mystery Box Deposit Round: Users who register and maintain deposits for seven days unlock Mystery Box draw chances tied to guaranteed USDC prizes and premium rewards.
    • Daily Reward Ecosystem: Daily individual and team missions encourage repeat engagement, with volume-based rewards and team milestone unlocks.
    • Flash Arena: Short-dated options trading powers daily reward multipliers and jackpot-style shooting mechanics, including access to the Private Island reward opportunity.
    • Block Arena: High-balance and block-trade participants can unlock fee rebates and luxury reward opportunities.
    • Expansion Arena: Referral mechanics reward both community growth and successful invitations of higher-value traders.

    In addition to the Private Island headline reward, this year’s prize pool includes a range of premium rewards such as a Rolex Watch, Apple Vision Pro, NVIDIA Stock, Luxury Turkey Trip, Ledger Stax, Gentle Monster Sunglasses, Razer Keyboard, SOL spot rewards, trading fee coupons, and daily USDC prize pools.

    The Island invites participants into a dynamic retail trading competition that combines strategic trading with team-based participation and a tiered reward structure. With every trade, participants move closer to exclusive rewards, from daily USDC prizes to the Private Island headline jackpot. The event begins today.

    About Deribit 

    Deribit by Coinbase is a centralized, institutional-grade provider of crypto derivatives ecosystem, specializing in Bitcoin and Ethereum options and futures. With state-of-the-art infrastructure, Deribit offers instantaneous price discovery, low-latency execution, advanced risk mitigation tools, and deep liquidity through a network of top-tier market makers. Deribit facilitates the majority of global crypto options volume and upholds rigorous proof-of-reserves practices to maintain the highest standards of integrity and transparency.

    About SignalPlus

    Signalplus provides trading software and infrastructure for crypto derivatives, helping professional and sophisticated retail traders access options, futures, and spot markets with advanced execution and analytics tools. SignalPlus delivers a comprehensive options trading suite tailored for crypto derivatives traders.

    Contact

    Manager, Retail Sales
    Sidrah Fariq
    Deribit
    sidrah.fariq@coinbase.com

  • MEXC’s June Highlights: $437 Billion in Trading Volume, Offering Access to 7,000+ US Stocks and ETFs

    Victoria, Seychelles, July 3rd, 2026, Chainwire

    MEXC, a pioneer in 0-fee digital asset trading, announced key highlights for June 2026. The platform recorded $437 billion in monthly trading volume and expanded user investment options through the launch of the “RealStocks” product. The new product gives users real ownership of over 7,000 U.S.-listed stocks and ETFs—complete with dividend eligibility—breaking down traditional market barriers and connecting users to global assets, all within their existing MEXC account.

    In June, MEXC continued to expand access to emerging assets, listing 153 new tokens across spot and futures markets and driving $1.03 billion in new listing trading volume. Through its 0-fee trading policy, MEXC saved users a cumulative $145 million in trading fees across 927 trading pairs spanning spot, futures, and other markets. The platform also provided $38 million in futures position airdrops for users during the month.

    MEXC remains committed to safeguarding user assets through robust protection mechanisms and transparent practices. The Guardian Fund stood at $101 million in June, providing users with an added layer of security. MEXC has committed to expanding the Guardian Fund from $100 million to $500 million over the next two years. MEXC’s June Proof of Reserves report, independently audited by Hacken, confirmed reserve ratios above the industry safety benchmark of 100% across major assets, with USDT at 114%, USDC at 125%, BTC at 269%, and ETH at 118%.

    Additionally, MEXC’s customer support team processed 57,348 online inquiries in June, maintaining an average response time of 63.03 seconds. The platform issued 21,548 loss coverage vouchers to users during the month.

    June’s highlights reflect MEXC’s continued efforts to support users through 0-fee trading, product innovation, and asset protection. As a one-stop trading platform, MEXC will continue to expand its asset offerings, strengthen user protection, and enhance service quality, giving users broader, safer, and more accessible ways to participate in global markets.

    About MEXC

    MEXC is the world’s fastest-growing cryptocurrency exchange, trusted by more than 40 million users across 170+ markets. Built on a user-first philosophy, MEXC offers industry-leading 0-fee trading and access to over 3,000 digital assets. As the Gateway to Infinite Opportunities, MEXC provides a single platform where users can easily trade cryptocurrencies alongside tokenized assets, including stocks, ETFs, commodities, and precious metals.

    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Risk Disclaimer:

    This content does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

    Contact

    MEXC PR Team
    media@mexc.com