• Okto Platform Live On Testnet: Pioneering blockchain adoption and enabling seamless cross-chain transactions across major networks like HyperLiquid, Aptos, Solana, and EVM.
• The live testnet link for Okto: https://testnet.okto.tech/

BENGALURU, India, Feb. 22, 2025 /PRNewswire/ — Okto, a complete chain abstraction platform, is thrilled to announce the official launch of Okto Platform Testnet – the industry’s first Complete end-to-end chain abstraction solution. This groundbreaking solution is set to redefine the landscape of blockchain interoperability by simplifying decentralized application (dApp) development, cross-chain transactions, and multi-chain innovation. The platform enables seamless communication across a range of leading blockchain ecosystems, such as all EVM chains, HyperLiquid (HL), Aptos, Solana, and Cosmos chains/ecosystems.

Okto’s chain abstraction technology is already delivering impressive results, with real-world success stories across gaming, social and DeFi applications that showcase its efficiency and transformative potential. The Okto Wallet, has facilitated the creation of over 12 million wallets, integrated more than 50 protocols, and supports over 20 EVM and Alt-VM chains. Okto has already clocked in $1 billion in Monthly Recurring Revenue.

Neeraj Khandelwal, Co-Founder of Okto & CoinDCX, said “We have been developing our Chain Abstraction technology for over two years, collaborating closely with prominent blockchain networks to rigorously test cross-chain transactions, liquidity, and interoperability. The results have been exceptional. Okto’s core mission has always been to simplify the user experience, ensuring it mirrors the simplicity and efficiency of Web2 with just a single click. We are now empowering developers with the ability to seamlessly integrate Web3 functionalities into their applications with unprecedented ease and efficiency.”

Rohit Jain, Head of DeFi Initiatives at Okto and CoinDCX, said: “We built a world-class team and collaborated with industry leaders such as Nethermind, Silence Laboratories, Across Protocol, and Agoric. By leveraging cutting-edge security from EigenLayer and Polygon CDK, each partnership brought vital expertise to our mission. Today, we stand at a pivotal moment with the launch of the Okto Platform Testnet.”

“While collaborating with multiple networks co-building on the Okto platform, one key piece of feedback from developers has been the significant reduction in development time—by over 90%. Okto does the heavy lifting of abstracting Web3 complexities across fragmented ecosystems and empowers developers to offer their end users a frictionless, single-click experience. This allows developers to focus on their core product.”

SOURCE Okto

VIENNA, Feb. 20, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, has announced that KuCoin EU Exchange GmbH is in the midst of filing an application for a MiCAR license in Austria. This application underscores KuCoin’s commitment to meeting the highest standards of regulatory compliance while solidifying its presence in the EU/EEA region.

The MiCAR license will enable KuCoin EU to serve its customers across all 30 EU and EEA member countries, ensuring consistent access to crypto products and services under a robust regulatory framework. This initiative aligns with KuCoin’s vision of fostering transparency, trust, and accountability in administering best-in-class digital asset services, offering users a secure and compliant trading platform.

KuCoin EU will set up its headquarters in Vienna, Austria, marking the city a strategic hub for all European activities and is actively hiring talents for its operations. The decision to choose Austria was primarily driven by the timely implementation of the MiCAR accompanying laws, stable and foreseeable regulatory environment as well as the huge talent pool. KuCoin EU acknowledges Austria’s efforts, e.g. driven by the City of Vienna, in creating a transparent, efficient, and best-in-class framework for crypto businesses to operate while safeguarding investors interests and fostering innovation in the financial sector.

Commenting on the establishment of the EU hub, KuCoin’s CEO BC Wong said “As a globally leading crypto exchange, we place compliance and user experience at the forefront of our mission. Today, I am proud to announce the establishment of our new EU hub in Vienna and that KuCoin EU intends to file for a MiCAR application in Austria. This marks a significant milestone in our steadfast commitment to executing a global, compliant strategy. Upon receiving a MiCAR license, we will enter the EEA market, which we deem strategically important. By advancing our compliance efforts, we are poised to better serve local users with more convenient, secure, and seamlessly localized products and experiences. We remain dedicated to fostering a transparent, responsible, and sustainable global digital asset ecosystem.”

Oliver Stauber, former General Counsel and Managing Director at Bitpanda, and Christian Niedermueller, former CEO of another European digital asset exchange, both veterans of the European crypto industry and seasoned financial executives with legal background, have been appointed as the Managing Directors of KuCoin EU Exchange GmbH. Stauber and Niedermueller bring extensive expertise in financial market regulation and crypto exchange management, strengthening KuCoin’s leading position as it navigates the complexities of Europe’s evolving crypto regulations while ensuring a successful and regulatory compliant business operation in the EU and EEA.

“I am absolutely thrilled to embark on this journey as the CEO of KuCoin EU, where we are set to revolutionize the crypto landscape across the EU and EEA with innovative products and services. At KuCoin EU, our mission is clear: to create Europe’s premier, regulatory-compliant crypto asset service provider. We are excited to announce that we will apply for a MiCAR license in Austria. Upon receiving the MiCAR license we are committed to delivering secure, compliant, and cutting-edge crypto solutions that will redefine trust and innovation in the EU’s fintech arena. Get ready for a new era in crypto!” – Oliver Stauber, CEO of KuCoin EU

“After having scaled up another European exchange and having my toes in the digital asset industry now for more than 9 years, I am very happy to help bringing KuCoin to the next level in Europe. We aim to build a fantastic local team, have a sophisticated localized operational & product setup and also strengthen brand awareness massively in the years to come. Being a KuCoin customer myself since the very beginning in 2017, I couldn’t be prouder to support KuCoin now at this stage.” – Christian Niedermueller, COO of KuCoin EU

Once KuCoin EU has been granted its MiCAR license, KuCoin EU will be well-positioned to provide services for European users, offering access to a wide range of digital assets while ensuring compliance with EU regulations. The company’s long-term vision includes contributing to the broader adoption of blockchain technology and strengthening the EU’s position as a leader in the global crypto ecosystem.

As KuCoin takes this step forward, the exchange remains focused on fostering innovation and trust in the digital asset space while aligning its operations with regulatory frameworks worldwide.

About KuCoin EU

KuCoin EU Exchange GmbH, based in Vienna, Austria, is committed to establishing a fully compliant digital asset brokerage under the MiCAR framework. By leveraging KuCoin’s advanced technology and nurturing the respected KuCoin brand, KuCoin EU aims to deliver secure and innovative crypto products and services to its customers within the European Economic Area (EEA).

KuCoin EU Exchange GmbH currently does not offer any services in the EU/EEA and will only commence operation upon receiving appropriate licensing.

About KuCoin

Founded in 2017, KuCoin is one of the pioneering and most globally recognized technology platforms supporting digital economies, built on a robust foundation of cutting-edge blockchain infrastructure, liquidity solutions, and an exceptional user experience. With a connected user base exceeding 39 million worldwide, KuCoin offers comprehensive digital asset solutions across wallets, trading, wealth management, payments, research, ventures, and AI-powered bots.

KuCoin has garnered accolades such as “Best Crypto Apps & Exchanges” by Forbes and has been recognized among the “Top 50 Global Unicorns” by Hurun in 2024. This recognition reflects its commitment to user-centric principles and core values, which include integrity, accountability, collaboration, and a relentless pursuit of excellence.

KuCoin is not licensed in the EU/EEA and does not actively offer any services in the EU/EEA.

Hong Kong, Hong Kong, February 19th, 2025, Chainwire

Drift Zone, the Web3 gaming studio building the next evolution of Gacha games, is excited to announce its upcoming Token Generation Event (TGE), set to kick off with Initial DEX Offerings (IDOs) beginning on the 18th, followed by a confirmed exchange listing on MEXC on the 20th. With additional partnerships secured with GameFi and Eesee, Drift Zone is positioning itself for a highly anticipated launch.

To encourage long-term engagement and prevent immediate token sell-offs, Drift Zone is rolling out an exclusive ‘Early Adopter’ campaign, offering lucrative incentives for both passive investors and active users.

Early Adopter Incentive Campaign:

1. Passive Investor Rewards – A wallet snapshot will be taken on a specified date, and holders who maintain or increase their token balance over a set period will qualify for additional allocations, airdrops, and bonus tokens each month for a predetermined duration.
2. Active User Incentives – Users who actively engage within the Drift Zone ecosystem will be rewarded based on their token utilization in-app. Engagement metrics such as in-app transactions and feature interactions will determine eligibility for tiered rewards, ensuring that active participation translates into greater benefits.

Since implementing a full staking mechanism within the timeframe is not feasible, this campaign will serve as a strategic initiative to encourage user retention and mitigate excessive selling pressure post-launch.

Confirmed Exchange Listings and Launch Details

• IDO Start Date: February 18th, 2025
• Exchange Listing: February 20th, 2025
• Confirmed IDO Platforms: GameFi, Eesee
• Exchange Listing Platform: MEXC

Drift Zone is committed to fostering a sustainable and engaging ecosystem for its community. By strategically aligning with top-tier platforms and implementing robust incentive mechanisms, the project aims to ensure a successful TGE and long-term growth.

About Drift Zone

Drift Zone (https://driftzone.io) combines battle gaming with massive rewards in a revolutionary new game launching February 20, 2025. Enhancing Asia’s multi-billion dollar Gacha gaming model, Drift Zone transforms traditional Gacha into a revolutionary earning system where players finally profit from their actions.Drift Zone is a Web3 gaming studio that builds games that players love to bridge the gap between Web2 and Web3. The studio’s ecosystem includes Drift Zone: Origins, a collectible card-based auto-battler, and Drift Zone: Arena, a Telegram mini-game with over 500,000 players.

Website | X | Telegram

Contact

COO
Sam Patton
sam@driftzone.io

FORT LAUDERDALE, Fla., Feb. 18, 2025 /PRNewswire/ — March 25-27, 2025 – The world’s largest Bitcoin mining conference is back and bigger than ever! Mining Disrupt 2025 will take over the Broward Convention Center for an unforgettable two-day experience of innovation, networking, and industry-shaping discussions.

This 7th edition of Mining Disrupt promises to be our most exciting yet, with miners, innovators, investors, and blockchain enthusiasts from around the globe coming together to shape the future of Bitcoin mining.

What’s Happening at Mining Disrupt 2025?

• World-Class Speakers – Industry leaders and disruptors sharing their insights on Bitcoin mining, blockchain, and finance.
• Expert Panels & Discussions – Key topics include:
• The latest mining hardware & software advancements
• The energy debate: Tackling sustainability in mining
• Bitcoin mining’s role in the global economy
• Massive Expo Hall – 200+ exhibitors showcasing ASICs, cooling systems, renewable energy solutions, and software tools.
• Bitcoin Mining Museum – Explore mining history with rare rigs, iconic artifacts, and milestones.
• Networking Opportunities – Connect with industry leaders, sponsors, and fellow miners through lounges and casual meetups.
• Epic Parties & Side Events – Start with our exclusive Pre-Party on March 25th at the Seminole Hard Rock Casino, plus two side events to keep the energy going.

Who’s Attending? Mining Disrupt 2025 will feature top companies and brands, including Bitmain, Canaan, Genesis Mining, Foundry, and more, all showcasing the latest advancements and forging new partnerships.

Tickets & VIP Perks: 

• General Pass – Full access to keynotes, panels, expo, and networking events.
• VIP Pass – Includes everything in the General Pass, plus VIP Lounge access with free food & drinks.
• Whale Pass – Premium networking, backstage access, and a private lounge for VIPs and industry leaders.

Get your tickets now!

 – Bitcoin and crypto payments accepted!

About Mining Disrupt

Since 2018, Mining Disrupt has been the #1 Bitcoin mining conference, drawing attendees from 50+ countries. Whether you’re a seasoned miner, an investor, or just Bitcoin-curious, this is the place to be.

Got questions? Want to sponsor? Reach out to us at miningdisrupt.com/contact.

See you in Fort Lauderdale!

1.  DigiFT is collaborating with Invesco to offer a tokenized solution for accredited and institutional investors on DigiFT Singapore’s platform to get access to one of Invesco’s private credit strategies.

2.  It is the first and only token out of Singapore with daily trading that offers access to a private credit strategy. 

SINGAPORE, Feb. 19, 2025 /PRNewswire/ — DigiFT, a licensed on-chain exchange in Singapore is delighted to announce that the platform will offer a DigiFT token which will invest in Invesco’s private credit strategies.

DigiFT’s tokens will be available to accredited and institutional investors via DigiFT and accepts subscriptions and redemptions in fiat currencies like USD, and stablecoins like USDC and USDT. The strategy targets to provide a high level of current income, consistent with the preservation of capital, by investing primarily in senior secured loans to companies with stable operating profiles, dependable cash flow generation and strong asset coverage. 

According to RWA.xyz, private credit is the most popular alternative asset class, accounting for 68% of tokenized real-world assets, outpacing even tokenized US Treasury Securities like T-Bills. This trend could continue as US Treasury rates are expected to come down from recent highs.

As RWAs continue to grow in popularity, DigiFT aims to be the preferred partner to leading institutional players. DigiFT was also recently appointed as an authorized distribution partner for another global asset manager in launching their first tokenized money market fund.  

“We believe that working with the best teams, to bring the best in-class assets on-chain is more important than being the first to market. To bring truly institutional-grade assets on-chain requires nothing less than having the best partners in the business like Invesco,” said Henry Zhang, Founder & Chief Executive Officer of DigiFT. 

“On the back of rapid developments in distributed ledger technology, fund tokenization is one of the most remarkable trends. Many advantages of this innovation are finding a new home in the asset management space, transforming the industry. We are excited that an innovative platform like DigiFT is offering this solution, opening up more investment opportunities for investors,” said Noelle Lim, Invesco’s CEO of Singapore and Head of Private Banks, Asia ex Japan. 

DigiFT has also partnered with custodians like Copper, Komainu, Rakkar, and Zodia to provide seamless access to its tokenized RWAs for Web3 asset managers and owners such as hedge funds, buy-side trading firms, and DAO treasury managers. 

DigiFT is actively seeking to partner with more issuers, DeFi protocols, dApps, and other Web3 protocols to enable users across different blockchains to access institutional-grade RWA yields on-chain. 

About DigiFT (www.digift.sg) 

DigiFT is the first regulatory-compliant exchange for on-chain real-world assets to be licensed by the Monetary Authority of Singapore as a Recognised Market Operator and Capital Markets Services provider. DigiFT enables asset owners, particularly financial institutions, to issue blockchain-based security tokens that investors can trade with continuous liquidity using an Automated Market Maker (AMM). 

About Invesco 

Invesco is an independent investment management firm dedicated to delivering an investment experience that helps people get more out of life. NYSE: IVZ; www.invesco.com.  

Disclaimer: DigiFT and/or its subsidiaries endeavour to ensure the accuracy and reliability of the information provided, but do not guarantee its accuracy and reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracy or omission or from any decision, action or non-action based on or in reliance upon information contained on this article. Before making any investment decision, please seek independent legal and financial advice.  

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has partnered with Avalon Labs to mark the exclusive launch of Avalon Token (AVL) on Bybit Spot. This collaboration introduces an initiative designed to enhance engagement within the Avalon ecosystem by offering an incentive-based savings mechanism through Bybit Earn’s Fixed Savings plans. A total of approximately 10,000 USDT worth of AVL tokens has been allocated to reward eligible participants, with APRs of up to 50% available over a structured staking period.

Avalon Labs is the world’s largest issuer of Bitcoin-backed stablecoins. Building the ultimate on-chain financial hub for Bitcoin, offering a seamless ecosystem that includes a Bitcoin-backed stablecoin, BTC-backed lending, yield-generating accounts, and a credit card. Avalon Token (AVL) functions as the governance token of Avalon Labs. Beyond governance, AVL incentivizes the integration of USDa into the broader DeFi ecosystem, driving adoption and potentially boosting sUSDa yields. Staking AVL reduces borrowing rates for USDa in its lending product, unlocking idle BTC liquidity. sAVL holders can vote on AVL emission mechanisms, building a Bribe Market to optimize capital efficiency further.

The total supply of AVL is 1 billion tokens, forming a core component of the platform’s utility and governance framework.

The event runs from Feb. 12 to Mar. 12, 2025, allowing AVL holders to access exclusive earning opportunities. AVL is available through Bybit Spot trading, with conversion support via Bybit Convert. Fixed Savings plans are structured for a 7-day term at 25% APR and a 15-day term at 50% APR. Rewards are allocated on a first-come, first-served basis and distributed daily during the event period.

“Bybit is committed to bringing high-potential digital assets to our users, and AVL is a prime example of innovation by the largest issuer of Bitcoin-backed stablecoins,” said Joan Han, Sales & Marketing Director at Bybit. “With the exclusive launch of AVL and its integration into Bybit Earn, we’re excited to provide our community with unique opportunities to maximize their crypto holdings.”

Bybit is the first exchange to list AVL, reinforcing its commitment to expanding the availability of innovative digital assets. Since its establishment in 2018, Bybit has become a key player in cryptocurrency trading, providing access to spot and derivatives markets, earning solutions, and advanced trading tools. Recognized for its strong security infrastructure and user-centric experience, Bybit continues to drive advancements within the digital asset space.

Avalon Labs not only focuses on the lending market but also introduces cutting-edge synthetic dollar protocols like USDa, offering users enhanced capital efficiency and liquidity. Avalon seamlessly integrates the dual advantages of lending and synthetic assets, delivering a more flexible and efficient DeFi experience.

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com 

For updates, please follow: Bybit’s Communities and Social Media

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DUBAI, UAE, Feb. 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has successfully registered with FIU-IND, reinforcing its commitment to regulatory compliance in India. As part of this process, Bybit has settled the monetary fine and diligently addressed and resolved prior regulatory matters, further demonstrating its dedication to transparency and the highest standards in the Indian market.

Bybit is committed to operating within the regulatory framework of India and takes its compliance obligations seriously. We have been working diligently with the FIU-IND to address their concerns and ensure full adherence to the Prevention of Money Laundering Act (“PMLA”) and associated regulations. We recognize the importance of robust Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) measures and are dedicated to upholding the highest standards in these areas.

We believe that our engagement and cooperation throughout the FIU-IND registration process demonstrates our commitment to compliance. We have been actively working to fulfill all necessary requirements for compliance, including its registration application on 26 June 2024 as a Virtual Digital Asset Service Provider (“VDASP”) in India.

Bybit is also proactively involved in the Indian crypto community to educate users and spread awareness. Bybit is currently a Silver Associate Member with the Bharat Web3 Association (“BWA”) . Through this partnership, we hope to use our platform to promote Web3 adoption and foster innovation in the Indian crypto ecosystem.

Bybit’s not-for-profit initiative Blockchain for Good Alliance (“BGA”) has partnered with blockchain societies of top universities like Blockchain Society of IIT Delhi and Blockchain Society of IIT Kharagpur to drive crypto education in India. Bybit will also be conducting a series of hackathons, workshops, and other events in partnership with top universities to foster crypto and blockchain education and awareness within the Indian market in the coming months.

Bybit recognizes the great potential of the Indian market, and is committed to offering the best services and products to all Indian users, including Spot, Derivatives, Options, Bybit Earn, and more.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.co
For updates, please follow: Bybit’s Communities and Social Media

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New York, New York, January 27th, 2025, Chainwire

Funtico, the full-stack, chain agnostic Web3 gaming platform, announced the launch of its Token Generation Event (TGE), bringing the $TICO token to the market. Trading of $TICO will commence on leading cryptocurrency exchanges at 12:00 PM UTC, including Gate.io, MEXC Global, BitMart, and Uniswap. 

With $TICO serving as the backbone of the Funtico ecosystem, the token is designed to unify gaming experiences, transactions, and AI-powered systems across multiple platforms. Launched as an ERC-20 token on Avalanche C-Chain and seamlessly bridged to Ethereum, Polygon, Base, and other chains, $TICO delivers unparalleled cross-platform interoperability for gamers and developers alike.

The $TICO token introduces a new approach to Web3 gaming and AI-driven infrastructure. It offers numerous utilities tailored for both gamers and publishers. For gamers, $TICO enables in-game purchases, access to premium content, and monetization opportunities. It supports interoperability across multiple gaming environments, enhances customization, offers “Publisher as a Service” tools, and enables item ownership and delegation. Additionally, it facilitates NFT integration, rewards and incentives, micro-payments for AI inference, and in the near future will allow for AI agent utility features. For publishers, $TICO seamlessly converts Web2.0 games to Web3.0, expanding monetization opportunities. It provides a complete suite of tools powered by $TICO, enhances customization and item ownership, and enables co-branding, cross-promotions, loyalty incentives, and community engagement programs.

The total supply of $TICO is fixed at 10 billion tokens, allocated to fuel ecosystem growth and sustainability. Seventeen percent of the tokens were allocated for seed and private sales, 10% for the first strategic sale, and 3% for the second strategic sale. Key Opinion Leaders (KOLs) who support the vision received 3%, while 1% is allocated for advisors. The team allocation accounts for 10%, with an additional 12% dedicated to the liquidity pool to ensure market stability. 14% of the total supply is set aside for in-game rewards and limited edition NFTs, while 15% supports the treasury and ecosystem fund. Another 15% is allocated for marketing efforts and partnerships.

Security and compliance are paramount at Funtico. The $TICO smart contract has undergone rigorous auditing by Sayfer, a leading blockchain security firm. Additionally, the Funtico platform and proprietary games have been thoroughly assessed to ensure integrity, reliability, and compliance with industry standards. $TICO has been legally classified as a utility token, aligning with regulatory frameworks and ensuring a sustainable future for Web3 gaming.

As $TICO adoption grows, users can expect further developments, including AI-driven enhancements, expanded cross-chain interoperability, and strategic partnerships.

About FUNTICO

FUNTICO is at the forefront of merging blockchain technology with the gaming industry, creating an ecosystem where players are incentivized and rewarded through decentralized means. The $TICO Token is central to this ecosystem, offering innovative solutions for gamers and developers alike.

Website | X | Telegram | Discord | YouTube

Contact

Head of Commercial Relationships
Doron Wesly
doronw@funtico.com
+1-347-987-0675

Florida, United States, January 24th, 2025, Chainwire

January 22, 2025 – Palm Beach, Florida, The Palm Beach Hedge Fund Association is pleased to announce a strategic partnership with Escapism®, a groundbreaking immersive and interactive experience.  The Association will host Escapism Creative Director, David Korins, at a member event in early February 2025.

“We are thrilled to host David Korins, one of the world’s premiere immersive and theatrical designers, to speak to our members and share a sneak peek into the next great immersive experience,” stated PBHFA’s founder, David S. Goodboy.

David Korins, Escapism Creative Director, commented, “I am thrilled to be creating an experience in South Florida that cuts through global desensitization and noise and invites people to reconnect with their senses and rediscover the joy in all of us through whimsical human connection. At its core, this project is about fostering a deep, personal connection to one’s inner joy and creating moments of pure delight. This endeavor represents the pinnacle of my career, a culmination of my passion for crafting transformative experiences.

Bringing this unique vision to South Florida is not just an exciting addition to the local cultural scene —it’s an opportunity to ignite meaningful conversations within the community. I eagerly anticipate engaging with the Palm Beach Hedge Fund Association, laying the foundation for what I hope will be a dynamic and strategic partnership. This marks the start of something truly special, and I am excited to see where this collaboration will lead.”

Larry Kaye, Escapism Partner, commented, “We are so pleased to be partnering with The Palm Beach Hedge Fund Association to bring this exciting immersive experience to South Florida. David Korins is an amazing creative force in the immersive and theatrical world, and it’s wonderful that he’ll be able to meet with and speak to so many interested members of the Palm Beach Hedge Fund Association.”

Jeff Gerst, Escapism Partner, remarked, ”We’re excited about the prospects of this entertainment landmark in South Florida. We believe it will bring significant economic development to South Florida and generate outstanding returns to its investors.

About David Korins: Award-Winning Creative Visionary and Founder of David Korins Design

David Korins is the esteemed CEO and Creative Director of his eponymous New York City-based studio, a powerhouse in the realm of immersive storytelling and design. With over two decades of experience, Korins has captivated hundreds of millions around the globe, collaborating with some of the world’s most influential brands, corporations, and individuals to bring their narratives to life through innovative and engaging experiences.

His portfolio spans an impressive range of mediums, from stage to screen, museums to hospitality, and experiential exhibitions to live events. Korins has become a trusted partner for major corporations like Coca-Cola, Disney, Spotify, the NFL, NBA, FIFA, and Universal Music Group, helping them redefine their visions and communicate their stories in compelling ways.

Korins is perhaps best known for his groundbreaking work in immersive experiences, having created the celebrated Immersive Van Gogh and Immersive Disney Animation Experience, both have reached audiences around the globe. His theatrical contributions are equally remarkable, with design credits for 25 Broadway shows, including the Tony Award-winning hits Hamilton, Dear Evan Hansen, and Beetlejuice: The Musical. His work on Hamilton stands out as the most successful musical of this century, while his contributions to the theatre have earned him four Tony Award nominations and multiple other awards at every level.

Beyond the theatre, Korins has made a significant impact in television, serving as the Production Designer for the 91st and 94th Annual Academy Awards, as well as for Grease: Live!, for which he won an Emmy Award. His set designs have also graced shows like HBO’s Last Week Tonight with John Oliver and The Big Brunch starring Dan Levy.

Korins has infused his distinctive vision into the museum sector, crafting multilayered storytelling experiences for renowned institutions such as The Georgia O’Keeffe Museum, the Shoah Foundation, and National Cowboy and Western Heritage Museum . His longstanding collaboration with Sotheby’s has led to innovative exhibitions, including The Duke of Devonshire’s Treasures from Chatsworth, while his partnership with Julien’s Auctions culminated in the Tony Bennett: A Life Well Lived exhibition at Jazz at Lincoln Center.

With a diverse range of interests, Korins has served as the Designer in Residence for TED’s International Conferences, reimagined the iconic Drama Book Shop in Manhattan, and collaborated with musical artists such as Bruno Mars, Andrea Bocelli, and Lady Gaga. His design prowess extends to restaurants, like the Theatre District’s legendary Bond 45, and he has been the creative force behind major festivals including Lollapalooza, Bonnaroo, and Outside Lands.

About Escapism:

 Escapism is a ticketed, landmark immersive entertainment property – a series of incredible kinetic, interactive experiences, responding to people’s increasing desire to have unique and memorable in-person experiences.  It takes guests on a wild visual, sonic and physical journey, with experiences for adults and families.

Escapism plans to locate its flagship installation in South Florida.  The South Florida installation is intended to be a permanent site – a destination for both tourists and locals alike and is expected to open within the next 18 months.

About The Palm Beach Hedge Fund Association:

 The Palm Beach Hedge Fund Association is the leading South Florida trade organization for investors and financial professionals. Its members consist of active hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders, investment bankers, academics, financial institutions, FOF’s, foundations, allocators, as well as the world’s top service providers, including third-party marketers, data providers, prime brokers, administrators, auditors, lawyers, risk managers, and fintech firms. Since launching in the autumn of 2013 with an original core of five members, the association has exponentially grown to become the voice of the South Florida financial community.

To learn more visit www.pbhfa.org

Media Contact:

Name: David S. Goodboy, Founder, Palm Beach Hedge Fund Association

Email: dave@pbhfa.org

Phone: 561.349.7300

Website: www.pbhfa.org

Address: 375 South County Rd, Palm Beach FL 33480

Contact

David S. Goodboy
dave@pbhfa.org

Florida, United States, January 24th, 2025, Chainwire

Palm Beach, FL– January 20, 2025 – The Palm Beach Hedge Fund Association (PBHFA) has entered into a strategic partnership with Securitize, the leader in tokenizing real-world assets, aimed at expanding education and innovation in tokenizing investment funds. The collaboration will empower fund managers with the knowledge and tools necessary to navigate the rapidly growing market for tokenization of real-world assets (RWAs).

The partnership will focus on a series of educational and social events tailored to the needs of experienced fund managers, to explore opportunities to integrate tokenization into their portfolios and operations.

Securitize Fund Services will work with the PBHFA to address gaps in traditional fund administration processes, including slow and duplicative investor onboarding, delayed fund NAV calculations or not integrated with on-chain oracles, and the inability to issue securities on demand. Securitize is solving these issues by digitizing investor onboarding, automating workflows via smart contracts, and offering on-demand issuance and redemption of tokenized securities.

David S. Goodboy, Founder of PBHFA commented, “I am very excited to share Securitize’s capacities with our members and network.  There is no question that real-world asset tokenization is the future of finance with Securitize leading the way.”

Carlos Domingo, Co-founder & CEO of Securitize added, “At Securitize, we are proud to be the trusted tokenization provider for leading asset managers worldwide. As on-chain finance grows, there’s an incredible opportunity for local hedge fund managers to modernize their operations, broaden investor access, and enhance liquidity options. We are committed to equipping managers with the tools and expertise needed to navigate this transformative shift to unlock growth and innovation that will ultimately benefit their investors.”

Mikhail Davidyan, Head of Securitize Fund Services remarked, “​​The team’s expertise empowers hedge fund managers to unlock new efficiencies, enhance investor engagement, and expand their offerings on-chain. By partnering with us, hedge fund managers associated with The Palm Beach Hedge Fund Association can seamlessly develop and scale their services, ensuring they stay ahead in an increasingly dynamic financial landscape.””

About Securitize:

Securitize, the leader in tokenizing real-world assets, is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as BlackRock, Hamilton Lane, KKR and others. Securitize, through its subsidiaries, is a SEC-registered broker-dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS). For more information, please visit www.securitize.io.

Contact:  Press@securitize.io

About The Palm Beach Hedge Fund Association

The Palm Beach Hedge Fund Association is the leading South Florida connection platform for investors & financial professionals.  Its members consist of active hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders, investment bankers, academics, financial institutions, FOF’s, foundations, allocators, as well as the world’s top service providers, including third-party marketers, data providers, prime brokers, administrators, auditors, lawyers, risk managers, and fintech firms. The PBHFA serves the community by providing deal making support, educational opportunities, as well as connecting investors & capital allocators with opportunity.

To learn more:  www.pbhfa.org

Contact

David S. Goodboy
dave@pbhfa.org