Author: Kathir J

The 100 Trillion Dollar asset management industry is becoming increasingly decentralized, and this is a trend that is likely to continue into the future with DeFi, Web3 and specifically Dexify at the heart of it. It is predicted that 5.2 Billion people globally will be digital wallet users by 2026, these users need asset management strategies.

www.dexify.io

Decentralized asset management is optimal because:

1 — It is more secure and less vulnerable to manipulation. (Madoff couldn’t have executed his 65 Billion dollar fraud if things were on-chain)

2 — It eliminates the need for a central authority to oversee the management of assets and provides more control to individual users.

3 — It allows for quicker transactions, more transparency, and faster dispute resolution.

4 — Decentralized asset management allows global users to access global markets without having to use the services of a central authority.

How Dexify is leveraging this and becoming a main player in the space:

Developed on the BNB (Binance) chain, Dexify makes investing in Decentralized Finance simpler, automated, and, best of all, social. With the use of vault smart contracts, Dexify enables investors to allocate their funds seamlessly to portfolio managers of their choice. These managers can be institutions, Artificial Intelligence (AI), Index Tracker portfolios and Influencer portfolios. Alongside this any digital wallet user can create a portfolio and become a Dexfund portfolio manager themselves.

With 91% of GenZ using social media to gather investment information and over 50% wanting crypto in their pension funds, social investing in DeFi will be a main player for many years to come!

Those looking for investments that could deliver returns in crypto are switching to De-Fi (Decentralized Finance) in huge numbers following the downfall of CeFi and FTX in 2022, which led to an increased popularity and user base of Dexify in a short while. Also, Dexify recently got incubated into the DPAD Finance Incubator, one of the best launchpads in the market.

Here are some of the key features of Dexify:

Focuses on investors: Unlike other platforms, Dexify focuses solely on the investors and takes measures to ensure the best possible experience for them. It’s accessible to everyone and makes investing in the De-Fi space a lot simpler.

Safer: Dexify has put in a lot of effort to identify the risk rating of the various Dexfunds and is entirely transparent with it. The information is presented to the investor, who can then make an informed choice based on the data at hand.

Higher incentives for managers: While many projects value creativity, none do it as much as Dexify. Dexify aims to bring out the best in people by providing them with a platform where they can imitate the investment strategies of market leaders who have shown consistency with respect to returns.

Seamless process: When it comes to trading and asset management, experience matters the most. And this is where Dexify beats all the other projects of similar scale by a huge margin. A lot of effort has been put into developing the platform, and every minute detail was thought out carefully beforehand. As a result, there’s a seamless UI (User Interface), quick response time, and an enjoyable process.

Dexify has, so far, had a fantastic run in the blockchain space, and experts believe it’s all set to take things to the next level. The growth rate and mass adoption amongst crypto enthusiasts and investors alike is a testament to the success of Dexify and the potential it holds. The project’s founders are well-known faces in the industry, with millions following them on various social platforms.

For those who have been looking for DeFi social asset management solution that delivers results, the search ends with Dexify, a complete solution meant for both beginners and experts. Dexify is still in the initial stages, with the Beta version currently out, and more changes could be expected in the coming days.

Join the revolution Dexify is about to create early and witness its growth from the start while securing decent returns along the way. All early users of the platform will be whitelisted for their upcoming token launch (ICO, IDO, IEO)

To find out more about Dexify, visit the official website: https://www.dexify.io/

Also, follow Dexify on all social and interactive channels to stay updated with the latest developments on the platforms.

Twitter: https://twitter.com/DexifyHQ

Telegram: https://t.me/DEXIFYHQ

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

With the end of Chinese New Year, Bitop’s New Year celebration event ”Free lucky draw, win Huawei Mate 50 Pro for CNY” has also officially come to a successful conclusion. Since 16th January, 2023, the starting date of the activity, it has attracted thousands of investors to participate per day. Plenty great prizes were provided in the free lucky draw, including HUAWEI Mate 50 Pro 256GB (golden black), Dyson V12 Detect Slim Fluffy Vacuum Cleaner, Xiaomi Electric Scooter Pro, popular cryptos SHIB (*88888), LUNC (*8888), DOGE (*8), 66 USDT cash and trading bonuses.

More importantly, these prizes were all free, plus there were no limits on the lucky draw chances, and the chance of winning the prizes was 100%! Bitop offered the greatest benefit for its clients, with the hope that each participant can win the New Year prize. As this event was extremely unprecedented, many investors keep coming to Bitop for the feedback and wish this type of event can be continued in the future.

Well, now the wish is coming true! A new benefit event now has started from 6th February, 2023. If you don’t want to miss out, get your fingers ready and let’s participate!

Event time: from 9am 6th Feb. to 9am 20th Feb.,2023 (UTC+8)

Event details: Trade binary option and get 5 USDT cash

You can get free 5 USDT cash from Bitop if you have met the following three requirements:

1. Complete the KYC advanced authentication
2. Deposit 100 USDT
3. Completed 10 binary options’ trades

What is a binary option?

Bitop’s binary option is easy to understand and is suitable for everyone. Investors only need to predict the price of a product will go up or go down in the next minute. The advantages of a binary option are:

1. No complicated concepts like  leverage or margin
2. Low investment threshold, only start from 1 USDT
3. Know the result in 1 minute
4. Payout is up to 18x

As long as you have 1-minute free time, you will get a big surprise from Bitop’s options trading.

How to trade options?

1. Open Bitop App, click【Trade】in the menu of the homepage

2. Choose【Option】

3. The time shows in the white line refers to the countdown of placing an order

4. The time shows in the green line refers to the result time of one minute option

5. Choose your investment amount

6. If you want to get greater profit, you can turn on 【Mantissa digits】, the odds and estimated profit will be changed according to the even number or odd number that you have chosen.

7. Click 【Long】 or 【Short】

8. Order will be placed successfully after the confirmation

For more information about the company, visit www.bitop.com

For latest information and updates, please follow @bitop_exchange on Twitter, @bitop_exchange on Instagram and @bitopglobal on Facebook.

Singapore – SeaPRWire, a global leading news release distribution newswire, has announced the launch of its new ‘Brand-Insight Program 3.0’. The program is aimed at helping clients in the Fin-tech and Crypto industries to increase their brand exposure, improve user trust, and boost market share.

According to Yaqin Tan, CMO of SeaPRWire, the program will offer a range of services to help clients in the Blockchain sector reach their target audiences more effectively. “We are very excited about this new program,” said Yaqin. “By offering a comprehensive suite of services, including multilingual news release distribution in East Asia and Southeast Asia, we believe that we can help our clients to achieve their goals in a more efficient and effective manner.”

The Brand-Insight Program will include a range of services, including market research, media relations, and content creation. These services will be tailored to the specific needs of each client, allowing them to target the right audiences with the right messages.

In addition to the Brand-Insight Program 3.0, SeaPRWire will continue to offer its core press release distribution service to clients across a range of industries. The company has a proven track record of delivering results, with a network of more than 90,000 media outlets and over 30,000 registered journalists.

“We are committed to helping our clients succeed,” said Yaqin. “With our expertise in the Fin-tech and Crypto industries, and our comprehensive range of services, we believe that we can make a real difference to our clients’ bottom line.”

Overall, the launch of the Brand-Insight Program 3.0 is a significant development for SeaPRWire, and is expected to help the company further expand its presence in the East Asian and Southeast Asian markets.

To learn more about how SeaPRWire’s integrated solutions are helping brands deliver strategic media pitches, earn media mentions, and grow and implement an effective marketing strategy, please visit www.SeaPRWire.com.

About SeaPRWire

SeaPRWire (https://www.SeaPRWire.com/) is a leading global provider of wire distribution services to media relations and marketing communications professionals. SeaPRWire’s platform allows clients to identify key factors of their press releases and measure meaningful impact. It has a strong media network in Southeast Asia, indexing news from thousands of worldwide sources. SeaPRWire’s media network support multi-lingual press release distribution, including English, Chinese, Vietnamese, Thai, Malay, Indonesian, Filipino and more.

Media Contact

Tina Lee, PR manager

cs@SeaPRWire.com

https://SeaPRWire.com

SOURCE: SeaPRWire

SEOUL, KOREA, February 09, 2023 – (SEAPRWire) – HS88, led by Chairman Kim Ho Sung, is proud to announce that it will strive to build IPFS infrastructure and network to expand its Web3 business.

Web3 is a next generation internet technology that can address the structural limitations of centralized data storage. The core of Web3 is building a storage network, and HS88 has already established a distributed storage network through business agreements with KT and ChainUP last year. Through this MOU, a large scale of IPFS infrastructure and distributed storage were established at KT IDC center, and based on this, optimized mining server and equipment are secured to carry out FIL and Aleo mining projects.

Currently, HS88 has invested 10 billion won in two months to mine Filecoin and further expand its investment to increase scalability. For higher transparency, it is clearly disclosing the process of the FIL mining node.

In addition, HS88 is also participating in Aleo testnet 3. In order to preempt 25 million Aleo, which will be paid as an incentive to mining companies participating in testnet 3, additional 20 billion won worth of mining equipment was put in and also finished investment for Aleo mining since the mainnet in July.

HS88, which operates blockchain all-in-one service (development, consulting, education) and South Korea’s largest data-based virtual asset community ‘coala’, is a first-generation blockchain consulting company. Further, HS88 announced that they will implement the largest web3 infrastructure in the first half.

HS88 is planning to hold a Fileup meet-up event in Daejeon in March. Starting with this event, they are planning to hold active and continuous online and offline events to create a communication window to discuss the future of Web3.

Media Contact

Brand: HS88

Contact: Media team

Email: whckdgml@hs88.kr

Website: https://hs88.kr

SOURCE: HS88

The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com

Sectors: Top Story, Daily News

SEA PRWire: PR distribution in Southeast Asia (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

HONG KONG, February 09, 2023 – (SEAPRWire) – Outset Global, the leading provider of innovative buyside trading solutions announced today that it has expanded its team in Asia to support the continued growth of its business in the region. This expansion will help the company meet the increasing demand for its premium buyside trading service, as well as provide local coverage to its clients.

“We are committed to providing our clients with the best possible support and experience, and this expansion of our team in Asia is a key part of that commitment,” said Raymond McCabe, CEO of Outset Global. “We believe that having a strong local presence is essential for success of our Asia offering, and we are confident that this expansion will help us achieve our goals.”

Charlie Woodcock has joined the firm as a Managing Director in their Hong Kong office. Charlie started his career in Sydney in the late 90’s, and has experience working in Global Investment Banks in a cash/facilitation role (DB) and the risk trading book and execution for an Australian REITS book (BAML).

Charlie moved to New York with BAML to cover facilitation trading for the APAC ADR Desk. He then moved to Hong Kong in 2012 with a global BD as head of APAC trading. For the last 6 years he has been the Head Trader for a quant fund and a number of long/short hedge funds trading Asia Pacific equites out of Hong Kong.

Rowan Oh has also joined the firm as an execution trader in their Hong Kong office. Rowan previously worked for LCM as an Equity Trader for 15 years covering APAC equity execution.

The new team members will be based in Hong Kong and will bring a wealth of experience and expertise to the company having worked on both sell side and buy side. Outset Global is dedicated to providing its customers with the highest level of service and support, and this expansion will help it achieve that goal.

About Outset Global

Outset Global provides bespoke trading solutions to hedge funds, family offices, and asset managers. Our independent and unconflicted position in the market place is viewed as a key attribute to our clients and is one reason they choose to partner with Outset Global. We use ‘best of breed’ technology that offers a robust and stable environment for our clients to access whilst our traders offer many years of experience managing a state-of-the-art buy side dealing desk facing the sell side in a non- competitive fashion. For more information on Outset Global and its services, please visit its website at www.outsetglobal.com.

Media Contact

Brand: Outset Global

Contact: Adam Bandeen

Email: info@outsetglobal.com

Website: https://outsetglobal.com

SOURCE: Outset Global

The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com

Sectors: Top Story, Daily News

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Melbourne, Australia, February 09, 2023 – (SEAPRWire) – Get ready for the biggest gathering of the crypto community, as OKX, one of the world’s leading crypto exchanges, announces its partnership as the naming rights sponsor for the Australian Crypto Convention in Melbourne, Australia, on November 11th and 12th, 2023. The two-day event will bring together industry leaders, investors, and enthusiasts to explore the latest developments, trends, and innovations in the crypto and blockchain space.

The Australian Crypto Convention is poised to ignite the world of cryptocurrency, with a bold ambition to become one of the most highly-anticipated crypto events, rivaling the likes of Bitcoin Miami and Token 2049! With seven stages, dozens of industry discussion topics, and an industry day, the Australian Crypto Convention is set to be the most exciting and impactful event of the year. This year’s event will showcase some of the biggest names in the crypto space, including keynote speakers, panel discussions, and presentations.

In addition to the industry day, the convention will also feature the highly anticipated “Whale Lab” pitch fest, providing start-ups and entrepreneurs with an opportunity to showcase their projects and ideas to a panel of industry experts and potential investors. And, as the day comes to a close, attendees will have the opportunity to unwind and network at one of the many after-parties, providing an excellent opportunity to connect with like-minded individuals.

Lennix Lai, Managing Director of Financial Markets at OKX, said: “Australia’s crypto community is thriving, resilient, and industrious. We’re proud to become the premier sponsor of the Australia Crypto Convention, which has emerged as a mainstay on the event calendar and a hub of Web3 networking and knowledge sharing.”

David Haslop, Managing Director at Australian Crypto Convention, said: “OKX is one of the most reputable and respected exchanges in the world and we are thrilled to partner with such a well-established player in the global crypto market as our naming rights sponsor.”

About Australian Crypto Convention

The Australian Crypto Convention is an event not to be missed, providing attendees with valuable insights, opportunities, and connections. Whether you’re a seasoned trader, an enthusiast, or an industry professional, the event promises to provide an unforgettable experience.

Media Contact: David Haslop, E-mail: hello@auscryptocon.com

Website: https://www.auscryptocon.com

About OKX

OKX is one of the world’s leading technology companies building the future of Web3. Known as the fastest and most reliable crypto trading platform for investors and professional traders everywhere, OKX’s crypto exchange is the second largest globally by trading volume.

OKX’s leading self-custody solutions include the Web3-compatible OKX Wallet, which allows users greater control of their assets while expanding access to DEXs, NFT marketplaces, DeFi, GameFi and thousands of dApps.

OKX partners with a number of the world’s top brands and athletes, including English Premier League champions Manchester City F.C., McLaren Formula 1, the Tribeca Festival, golfer Ian Poulter, Olympian Scotty James and F1 driver Daniel Ricciardo.

OKX is committed to transparency and security and publishes its Proof of Reserves on a monthly basis.

To learn more about OKX, download our app or visit: OKX.com

Media Contact: Anthony Karakai

E-mail: anthony.karakai@okx.com                        

Website: https://www.okx.com/

SOURCE: OKX

The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com

Sectors: Top Story, Daily News

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Birmingham, UK – 8 February 2023 – Tax Accountant | Specialist Tax Consultancy is offering the best ways to handle income tax in UK for foreigners.

When it comes to making sure that all of one’s taxes are in the right place, odds are, one will want an independent audit here and there every once in the while. Of course, even if one is a foreigner, they can try and handle the paperwork on their own. Still, one will definitely be better off getting the right solutions and services that will not let them down and deploy the best solutions for the right prices as well. Of course, they will need to make sure that they will definitely want to make the best from their needs as well as requirements.

So it’s best for one to check this one out in order to make the most from their needs, and they are in need of the right Foreign Income Tax Advisor.  It’s best for the foreigners to check the most efficient ways to make the most from their needs as well as requirements. They will definitely never regret it.

Tax Accountant | Specialist Tax Consultancy offers the best solutions when it comes to making the most from one’s needs as well as requirements, there are no excuses not to check this one out in the first place indeed. Get more info in order to make the best solutions that will not let one down and will aid them in all the right ways.

The official web page will provide one with more details that will allow them to make the right call and work closely with the best tax specialists out there. No strings attached or questions asked. That way, any tax related affairs can easily be remediated, so one will easily get all of the satisfaction one will ever require.

Granted, the market these days is literally filled with all kinds of other options but the best combination of price and quality is just as important for anyone looking to make the most from their taxes within the very least amount of time feasible.

Hence, if one is searching for the right ways to make the most from UK Expatriate Tax Return, this right here is the ideal solution that will enable them to gain the most from their necessities within the very least amount of time possible – they will definitely gain all the right expertise in all the right ways in no time at all – the solicitors will definitely never regret it in the first place indeed. So, they will surely acquire all of the right choices out there and will definitely gain all of the expertise that are required in all the right ways as well as all the best solutions feasible.

One will definitely gain all of the right ways to manage their needs as well as requirements, so they will definitely never regret it in the first place indeed.

Find the right Foreign Income Tax Advisor that will not let one down and will aid one in finding the best solutions feasible in all the right ways as well – what more does one need in the first place? So check this one out and you will definitely gain all of the right solutions that will not let one down and will aid them in all the right ways as well.

So go ahead and feel free to experience the best from that exploration in no time at all.  It’s important to check the official web page to get all of the support one will need in the first place, so one will never regret it in all the right ways indeed – what more may be required in the first place? So, check out the official web page, explore all of the best ways to manage the needs as well as requirements you have in all of the right ways indeed.

Making the most from one’s taxes is essential and to do that, one will need to check out the web page, explore the best Foreign Income Tax Advisor that will not let them down and will aid them in all the right ways as well as in no time at all. Check out the official web page and make the right call in no time at all.

About Tax Accountant | Specialist Tax Consultancy:

Tax Accountant | Specialist Tax Consultancy is offering the best tax support for foreigners that would allow you to minimize all the interactions with all the paperwork in the first place. With many years of combined experience, these guys know how to easily deliver the very best results possible. Check the official web page and get in touch with the official reps to get more info.

Celebrate FBS 14th Birthday and Win Big with FBS Ultimate Trading Birthday.

New York, NY, February 09, 2023 – (SEAPRWire) – FBS, a licensed world Forex broker, is excited to invite its traders to join in the celebration of its 14th birthday with the FBS Ultimate Trading Birthday promo. The event offers the chance to win big prizes, including the grand prize of a luxury car.

Open to all traders

FBS, a world-trusted fintech company, turns 14 this year. To celebrate another great year, the broker is running the FBS Ultimate Trading Birthday promotion, turning the event into a true traders’ party. Whether users are a new trader or an FBS Partner, a scalper or a swing trader, everyone is welcome to join the celebration.

The promo is available in the FBS Personal Area app and desktop version, or the FBS Trader app. 

FBS Ultimate Trading Birthday will run from February 9 to March 9 to ensure that every trader of the FBS diverse and large trading community has enough time to get their reward. 

Earning guaranteed rewards

FBS is making sure that no one leaves the celebration empty-handed. To get the guaranteed prize, a trader needs to collect five trading tickets, one per traded lot. Once five trading tickets are gathered, traders can choose from a variety of prizes, including cash rewards, VIP analytics, or one-on-one consultation with FBS financial analysts.

FBS Ultimate Trading Birthday can offer even more. Each of the collected tickets is a chance to win bigger rewards.

Raffle prizes for everyone

In addition to the guaranteed rewards, participants will also have the chance to win amazing prizes in the raffle. The grand prize is a LA-Class car, but there are also other valuable prizes up for grabs, including a MacBook Air 13, iPad Pro 11, and various smartphones and laptops.

The raffle winners will be randomly selected and announced on March 17, 2023, at 13:00 GMT+2. The results will be posted on the FBS website. 

Don’t miss out on the chance to celebrate FBS 14th birthday and win big with FBS Ultimate Trading Birthday.

About FBS

FBS is an international brand present in over 150 countries. Independent companies united by the FBS brand are devoted to their clients and offer them opportunities to trade Margin FX and ᏟᖴᎠs.

50. FBS Markets Inc. – license IFSC/000102/310
50. Tradestone Ltd. – CySEC license number 331/17, FCA temporary permit 808276
50. Intelligent Financial Markets Pty Ltd – ASIC Licence number 426359

Social Links

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

YouTube: https://www.youtube.com/user/FBSforex

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

Telegram: https://t.me/fbsanalytics

Media Contact

Brand: FBS

Contact: Media team

Email: support@fbs.com

Website: https://fbs.com/

SOURCE: FBS

The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com

Sectors: Top Story, Daily News

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NEW YORK, NY, February 06, 2023 – (SEAPRWire) – EPLO is proud to announce that they are connecting projects to top cryptocurrency exchanges through its Web3 B2B platform. Listing on reputable cryptocurrency exchanges can be an enjoyable and rewarding experience with Eplo.io.

How does the platform operate?

EPLO provides an unparalleled opportunity for projects to showcase their initiatives to a wide audience. Their verification process, conducted by both their team and EPLO token holders, ensures the authenticity and viability of submitted projects. Upon successful verification, projects receive maximum exposure through their thriving community, thereby increasing their chances of attracting lucrative listing, IEO, and IDO offers from leading cryptocurrency exchanges.

As an exchange, you have the unique opportunity to gain access to a curated pool of high-quality projects that have undergone rigorous verification by their experienced team and the EPLO community.

Due diligence is a crucial step when evaluating cryptocurrency projects to partner with. It involves thoroughly researching and analyzing various aspects of the project to assess its potential for success. Here are 9 factors that EPLO uses when evaluating the projects: Team, Technology, Roadmap, Adoption, Competitors, Tokenomics, Legal and Regulatory Compliance, Financials, and Community.

The team has partnerships with over 20 top-tier cryptocurrency exchanges including KuCoin, Gate.io, Huobi, Bitget, BitMart, MEXC, and many more.

How EPLO differentiates from cryptocurrency listing agencies?

• Direct connection to cryptocurrency exchange senior representatives
• Get discovered by EPLO Community and potentially attract investments for their project
• Cooperate with various projects in their ecosystem and grow together!
• Receive a consultation from their experienced team.
• Assistance with selecting the right partners for their project in the following areas: Marketing, Market Making, Smart Contract Development & Audit, and Legal Opinion.

About EPLO Token

To provide the most seamless experience for the community, EPLO is planning to launch its native governance token, EPLO Token. $EPLO Token will be hosted on the Binance Smart Chain. Being a BEP-20 token it can adapt to all the functionality of the Binance Smart Chain. EPLO’s token holders will have the ability to contribute and participate in the selection of projects that will be listed on the EPLO platform through voting. The voting weight of a token holder would be proportional to the amount and the time the EPLO token has been staked for. Token holders will also receive a share of the profit from the listing fee commission if their voted projects get listed on cryptocurrency exchanges with EPLO.

Founder Arman Harutyunyan’s Vision of EPLO

Arman has the vision for EPLO to become a central point in the crypto space where projects can directly interact with the exchanges through EPLO’s cutting-edge platform. EPLO envisions using the decentralized manner of blockchain in such a way that it offers solutions to different parties without depriving the needs of anyone. Their aim is to create a transparent ecosystem by leveraging the power of blockchain and community. The team wants their token holders to enjoy the real power of blockchain by empowering them with governance and staking features to consistently earn rewards from the platform.

Social Links

Telegram Group: https://t.me/eploio

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

Twitter: https://twitter.com/eplo_io

Medium: https://eplo.medium.com

Media contact

Brand: EPLO

Contact: Media team

Email: info@eplo.io

Website: https://eplo.io

SOURCE: EPLO

The article is provided by a third-party content provider. SEAPRWire ( https://www.seaprwire.com/ ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com

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Singapore, February 03, 2023 – (SEAPRWire) – ION Mobility (ION) today announced new investments of US$18.7 million in its Series A funding round. Additionally, the company also brings TVS Motor Company on board as its strategic investor, through TVS Motor’s Singapore subsidiary, TVS Motor (Singapore). As part of this investment agreement, TVS Motor will provide ION with the necessary ecosystem support to be successful in the electric two-wheeler markets of Singapore and Indonesia.

ION’s latest fundraise and partnership with TVS Motor is to support its vision to build Southeast Asia’s leading electric mobility solutions company starting with Indonesia. Other investors include AC Ventures Malaysia, Michael Sampoerna and ION’s Chief Manufacturing Officer Ng Ho Sen, with existing investors such as TNB Aura, Quest Ventures, Monk’s Hill Ventures, Village Global, GDP Venture and Seeds Capital also participating in the round.

Founder and CEO James Chan said, “I am delighted with the vote of confidence that my team and I have received from TVS Motor via our funding round and partnership. We are excited to draw upon TVS Motor’s decades of global expertise in two-wheelers to accelerate our “Mobius” M1-S production readiness, as well as the design and development of other models. We look forward to leading the charge towards an electric and sustainable two-wheeler future together.”

This new funding round brings the total capital raised by ION to over US$25.5 million since 2020. The company will invest the capital into Indonesia to grow its local team, operations and capabilities. This includes its sales and marketing presence, local supply chain networks, production tooling and manufacturing capabilities in Indonesia, in order to achieve at least 50% local content.

Speaking on the occasion, Mr. Sudarshan Venu, Manging Director, TVS Motor Company said, “TVS Motor is committed to developing exciting products for consumers across global markets. We are thrilled to partner with ION Mobility, a full-stack EV company with a strong team of engineers and technical base in Singapore, to drive the premium electric two-wheeler growth in the region. We share a common vision and are eager to support them as a strategic investor.”

This announcement comes on the heels of ION Mobility’s launch of its M1-S electric scooter in Jakarta in November 2022, which also saw the company sign a broad-ranging Memorandum of Understanding (MOU) with Indonesia’s national grid operator PT Perusahaan Listrik Negara (PLN) to expand PLN’s charging network, in addition to two-wheeler fast-charging technology research and user outreach and education. The MoU was officiated by Indonesian Minister of Industry, Agus Gumiwang Kartasasmita at the Indonesia Motorcycle Show 2022, with Singapore Ambassador to Indonesia Mr. Kwok Fook Seng also in attendance.

About ION Mobility

ION Mobility is a tech and automotive OEM on a mission to create and deliver aspirational and sustainable mobility and energy solutions for everyone. They are committed to creating great products and seamless user experiences for their customers. Their products combine advanced hardware and software technology with human-centred design to deliver smart electric motorbikes and energy charging and storage solutions that are for everyone to use. Their vision is to be Southeast Asia’s top technology company leading their region’s transition towards a low-carbon economy across Southeast Asia, starting with the ION M1-S. For more information, please visit www.ionmobility.com and ionmobility.substack.com.

For more information, please contact: hello@ionmobility.com

About TVS Motor Company

TVS Motor Company is a reputed two and three-wheeler manufacturer globally, championing progress through Sustainable Mobility with four state-of-the-art manufacturing facilities in Hosur, Mysuru and Nalagarh in India and Karawang in Indonesia. Rooted in their 100-year legacy of Trust, Value, and Passion for Customers and Exactness, they take pride in making internationally aspirational products of the highest quality through innovative and sustainable processes. They are the only two-wheeler company to have received the prestigious Deming Prize. Their products lead in their respective categories in the J.D. Power IQS and APEAL surveys. They have been ranked No. 1 Company in the J.D. Power Customer Service Satisfaction Survey for consecutive four years. Their group company Norton Motorcycles, based in the United Kingdom, is one of the most emotive motorcycle brands in the world. Their subsidiaries in the personal e-mobility space, Swiss E-Mobility Group (SEMG) and EGO Movement have a leading position in the e-bike market in Switzerland. TVS Motor Company endeavours to deliver the most superior customer experience across 80 countries in which they operate. For more information, please visit www.tvsmotor.com.

For more information, please contact:

KS Harini – ks.harini@tvsmotor.com

Nikita Verma – nikita.verma@tvsmotor.com

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