Manta Exchange, a rising star in the cryptocurrency sector, is thrilled to announce a major triumph with the successful completion of a pivotal fundraising round. The company has attracted significant investments from industry heavyweights ABCDE Labs, UOB Venture Management, C² Ventures, and Ocular, underscoring the remarkable progress and potential for innovation within the digital asset landscape.

A Stellar Team Steeped in Success

Manta Exchange attributes its achievements to a world-class team boasting extensive experience and a proven track record. The team’s background includes pivotal roles at prominent organizations such as Baidu, Huobi, KuCoin, OKX, Game Space, LongTu Korea, Bibox, and AAX Exchange. Furthermore, the team features former CEOs and co-founders of major gaming and blockchain infrastructure companies, as well as experts in user and revenue growth, particularly within the Asian market.

This impressive array of talent ensures that Manta Exchange is uniquely positioned for success. Notably, core members of the team have played instrumental roles in the development of a new generation of deterministic contract trading systems with astonishing millisecond-level execution speeds, clocking in at less than 10 milliseconds. Their experience extends to overseeing core systems at Huobi, underscoring their expertise in creating robust and high-performance blockchain and Cryptocurrency infrastructure.

Revolutionizing the Crypto World with the Social Invest Community and Delivering High Performance with Cost-Efficiency

Manta Exchange is on a mission to reshape the cryptocurrency landscape with its pioneering vision called the Social Invest Community. This innovative concept fosters deeper connections between crypto agencies, retail and institutional investors, all while prioritizing the secure listing and trading of cutting-edge cryptocurrency projects. By introducing the Social Invest Community, Manta Exchange invites you to join an exciting journey toward a more aligned, secure, and innovative crypto trading experience.

One of Manta Exchange’s standout features is its ability to deliver exceptional performance without the burden of excessive costs. The platform is meticulously designed to offer lightning-fast trading capabilities without imposing huge fees on its users. This unique value proposition ensures that users can execute trades quickly and efficiently while keeping their costs to a minimum. Manta Exchange is dedicated to enhancing the trading experience by providing a cost-effective solution that caters to users’ cryptocurrency needs.

Safety, Trust, Efficiency, and Innovation: The Cornerstones of Manta Exchange

At Manta Exchange, safety and trust are non-negotiable principles, firmly placing the security of assets and transactions at the forefront. Robust security measures are meticulously implemented to safeguard investments, ensuring that users enjoy uninterrupted access to cryptocurrency portfolios. With a proven history of reliability, Manta Exchange stands as a bastion of trustworthiness and reliability, making it the preferred choice for secure and dependable crypto trading. But Manta Exchange doesn’t stop at safety and trust alone. The company excels in efficiency and innovation through its Research and Development (R&D) initiatives.

Committed to remaining at the forefront of the industry, Manta Exchange makes substantial investments in research and development. This unwavering dedication to innovation ensures that users have access to the latest advancements in the field. Manta Exchange’s efficient R&D processes enable the rapid integration of these advancements into the platform, providing users with the most advanced tools and features for their crypto trading requirements. This combination of safety, trust, efficiency, and innovation sets Manta Exchange apart in the crypto world, making it a leader in the industry.

Leading the Way in Copy Trading and Pioneering Innovation

Manta Exchange is at the forefront of the crypto trading landscape, setting the industry standard by offering an industry-leading copy trading engine complemented by an advanced risk management system. The platform caters to various copy trading preferences, including fixed amount, proportion-based, and algorithmic automatic copy trading. Reinforcing its commitment to providing a secure and robust trading environment. This pioneering approach sets Manta Exchange apart within the industry, providing retail and institutional investors with access to innovative tools and features that elevate their crypto trading experience. As a trailblazer, Manta Exchange is well-positioned to make a significant impact on the cryptocurrency sector, redefining how traders interact with the blockchain world.

The recent success in fundraising, supported by esteemed investors like ABCDE Labs, UOB Venture Management, C² Ventures, and Ocular, underscores Manta Exchange’s potential to revolutionize the cryptocurrency landscape. The future holds tremendous promise for Manta Exchange, and this achievement marks a pivotal moment in the project’s journey toward innovation and excellence in crypto trading.

Union Labs, the team creating a hyper-efficient, zero-knowledge interoperability layer, has successfully raised $4 million in seed funding to build the first fully trustless bridge that connects appchains, layer 1, and layer 2 networks. Capital secured is also earmarked for the expansion of Union’s seasoned team, comprised of leaders from Composable Finance; Consensys; Tokensoft; and Polygon; in anticipation of its upcoming mainnet launch. Other notable investors in the round include Lightshift and Chorus One.

Karel Kubat, Founder of Union Labs, commented: “This support signifies trust in Union and the team, while also showing strong support from the industry for projects focussed on sovereignty and decentralization: the keys to an equitable digital economy. The most prominent hacks are bridge hacks, yet bridges remain critical infrastructure for almost all projects, showing the need for better, more resilient products. It is our responsibility to innovate new ways to protect these assets and further the adoption of ZK technologies to realize a secure and interoperable, cross-chain future.”

With over $1.6 billion stolen in bridge hacks in 2022, the need for a razor-sharp bridging stack to secure the Web3 space is critical in future-proofing the industry. Developed to be the first fully trustless and censorship-resistant powerhouse enabling horizontal scalability, Union’s infrastructure layer addresses the growing need for efficient and secure data transfer and interaction between various blockchains. Its unique consensus engine allows the transfer of any asset natively to any chain and prioritizes efficiency, security, scalability, and interoperability, without relying on third parties, oracles, multi-signatures, or MPC (Multi-Party Computation). Unlike other contemporary bridging solutions, Union does not grant relayers a special authority. This way, private keys are not a target for hackers, as they cannot take control of the protocol. Instead, messages are verified using zero-knowledge proofs.

David Feiock, Founder at Galileo, commented: “Secure, reliable, cost-efficient communication between networks and dApps, facilitated by ZK infrastructure, ultimately means more use cases and more users. The advent of Union represents a watershed moment for the entire crypto industry: trust-minimized interoperability between Ethereum and IBC-connected blockchains. As a core contributor to the multichain movement, Union will unlock new, unforeseen opportunities for all Web3 users.”

Union’s ZK bridge architecture includes two key components that allow the project to enable IBC on Ethereum; CometBLS, the consensus mechanism, and Galois, the prover. CometBLS, developed by Union Labs, is an augmentation of Tendermint—a core contributor to the Cosmos network—that reduces both state growth and light client verification costs. It will replace current systems which are unequipped to adequately scale with the required amount of validators in space-restricted chains such as Ethereum. CometBLS focuses on consensus verification, emphasizing fast execution, low operational costs, and decentralized infrastructure.

Dan Elitzer, Co-Founder at Nascent, concluded: “During a period where many projects are making small iterations on existing protocols, Union Labs is building genuinely new infrastructure that enables improvements to UX and security that will be necessary for the next phase of crypto adoption.”

This investment will also support Union’s commitment to providing a user-friendly experience through its high-level API, ensuring developers from various ecosystems can easily integrate and utilize its technology. Collectively, these objectives serve as a solid springboard in helping Union Labs achieve its ultimate mission: trustless financial infrastructure.

To learn more about Union Labs, visit union.build.

About Union Labs:

Union is the interoperability layer built for the next century. Union’s trustless bridge uses zero-knowledge proofs to connect any appchains, L1s, and L2s without depending on trusted third parties, oracles, multi-signatures, or MPC. Union is building ZK solutions that remedy the cost and security issues plaguing the industry to unlock a horizontally-scaled future, where thousands of chains can permissionlessly connect, communicate, and prosper.

Treehouse, a Web3 company transforming digital assets data into actionable insights for professional investors and institutions, announced the intellectual property (IP) acquisition of Origins Analytics to bolster its non-fungible token (NFT) product offering.

Origins, an enterprise-grade NFT analytics platform, raised US$4M in 2022 and had a robust community of 10,000+ users. The company’s software utilizes both on- and off-chain data to enable experienced NFT traders, protocols, and game studios to make informed decisions.

With this acquisition, Origins’ founding team will join Treehouse to integrate Origins’ technology into its product suite, offering Treehouse clients access to popular tools such as:

• AlphaStream: A live algorithmically tagged NFT wallet notification system
• NFT Analytics Bots: Command-based generated NFT market analytics
• NFT Wallet Profiling Application Programming Interface (API).

These tools will help Hyperion users understand and analyze NFT trading volumes, social sentiment, holder behavior, and more to make better NFT trading and collector decisions.

The acquisition comes amidst a bear market and increasing consolidation in the space—a testament to Treehouse’s commitment to Web3 analytics. The firm last raised US$18M in its seed round in 2021 from leading venture capital (VC) and strategic investors, including Lightspeed, MassMutual, Binance, Mirana, LeadBlock, Jump, GSR, Wintermute, and more. With a strong balance sheet, the company is currently assessing mergers and acquisitions (M&A) opportunities in its mission to become “The Most Comprehensive Digital Asset Analytics Platform.”

“Treehouse is excited to make this move into NFT analytics. This strategic acquisition underscores our commitment to our clients, many of whom have NFT exposures. Our team is gearing up to integrate Origins’ system into our flagship product, Hyperion, confident that its technology aligns with our users’ needs and paves the way for us to serve the wider NFT community. Despite the bear market, Treehouse is expanding and is actively looking to acquire synergetic businesses,” said Brandon Goh, CEO of Treehouse.

David Toh, Partner at Mirana Ventures, said, “We are proud to support Treehouse in their mission to lay the foundation for deep analytics for the future of a connected, interoperable, and increasingly complex Web3 ecosystem. The combination of Treehouse’s flagship platform, Hyperion, and Origins’ will be game-changing for the industry.”

About Treehouse

Treehouse is a digital assets data firm focused on institutional-grade portfolio, protocol, and market analytics. The company is headquartered in Singapore and backed by traditional VC and Web3 firms such as Mirana Ventures, Lightspeed, MassMutual Ventures, Binance, LeadBlock Partners, Global Founders Capital, Jump Capital, Wintermute, GSR, Coinhako, Bitpanda, Pintu, AlphaLab Capital, Pulsar Trading, Portofino, senior executives from the SoftBank Vision Fund, and more.

Hyperion, the company’s flagship product is the most comprehensive portfolio management and markets intelligence platform that provides institutional investors and professional traders with full control of their digital assets. Featuring a selection of 30+ portfolio and market widgets for personalized dashboard visualizations, the platform redefines how finance professionals monitor movements in the cryptocurrency space and analyze their portfolio risk and performance.

Visit www.treehouse.finance to learn more about Treehouse.

Social Media Channels
Twitter: @TreehouseFi
Discord: https://discord.gg/ufxhSgxBNF
Telegram Community: @treehousefi
Telegram Insights: @treehouseinsights
LinkedIn: Treehouse

FatBrain AI (the “Company,” or “we”), the leader in powerful and easy-to-use AI solutions for enterprise stars of tomorrow, today announced putting systems in place to automate international audit compliance.

FatBrain AI has realized 130% Q/Q average revenue growth during FY2023, including from the strategic international acquisitions during that time. While these acquisitions had accounting processes and audit firms in place in their ordinary course of business, FatBrain’s consolidated year-end reporting has required new processes under the Public Company Accounting Oversight Board (“PCAOB”) regime. These complexities have posed the main hurdle to complete the year-end filings. To overcome this, FatBrain AI has initiated a number of safeguards to be put in place, including automating systems and adding team members at the international facilities.

The financial reporting automation efforts are being led by Mr. Niyaz Salybayev, CPA, co-founder of EasyTax SaaS and a 20-year audit and automation veteran with Arthur Anderson, Ernst & Young, and PwC, including his decade and a half tenure as PwC’s CFO for its Eurasian operations.

“We see the revenue and customer growth trends continuing in the fiscal year 2024,” said Peter B. Ritz, Co-Founder and CEO of FatBrain AI. “While we did not anticipate international accounting hurdles and late filings, we are now on a path to fix and manage through these issues systematically. Automating our international systems will ensure that future filings will be timely, and the Company is confident in its current financial reporting. We are grateful for our shareholders’ patience and are delighted to deliver an exciting future boosted by AI solutions.”

About FatBrain AI

FatBrain AI provides powerful and easy-to-use AI solutions to empower the enterprise stars of tomorrow to grow, innovate, and drive the majority of the global economy. FatBrain’s AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, large language models, and cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain’s subscriptions allow all companies to deploy its advanced AI solutions quickly, easily, and securely behind their firewalls or via cloud. FatBrain’s global delivery includes 600+ team across design, development centers in the US, UK, India, and Kazakh Republic.

For more information, please visit: https://www.fatbrain.ai

GYMetaverse, a Web3.0 wellness company headquartered in Hong Kong, announces a ground-breaking HKD 100 million investment to expand its innovative web3 health management platform, Live4Well. Utilizing cutting-edge blockchain technology, Live4Well offers users secure, decentralized, traceable, and controllable self-health management services. With the introduction of VIV Pass (NFT membership), users gain exclusive access to over 200 premier fitness centers across Hong Kong, while exciting Sweat and Earn incentives motivate individuals to achieve their fitness goals like never before.

With this substantial investment, GYMetaverse aims to redefine the landscape of health management, empowering individuals to take control of their well-being through a seamless digital experience.

Unlock a World of Fitness with the VIV Pass: Seamless Access to Premier Gyms Across Hong Kong

The platform will launch an NFT membership pass, “VIV Pass,” and its accompanying mobile application in October. By leveraging the power of NFT membership, users can unlock a network of top-notch gym facilities, spanning all corners of Hong Kong. Moreover, the Sweat and Earn incentives provide a unique opportunity for users to earn rewards and benefits by simply engaging in their fitness routines. Its features include:

• ANYWHERE: Users can enjoy seamless access to a network of over 200 fitness centers across Hong Kong using the VIV Pass through Live4Well’s partnership. Participating fitness centers are located in all 18 districts of Hong Kong, including popular establishments such as Anytime Fitness, 24/7 Fitness, FIT24 Hong Kong, EMS Fitness Hong Kong, Inspire Yoga, and many more.
• ANYTIME: The mobile application combines artificial intelligence (AI) and motion capture technology to accurately measure human body movements, assisting users in improving their exercise posture. Users can engage in physical training anytime, anywhere, as if they have a 24/7 personal fitness coach by their side.
• Sweat and Earn: Users can also earn digital currency, Sweat Coins, through exercise, achieving the concept of “Sweat and Earn.” Sweat Coins can be used to redeem rewards, participate in sports courses and professional lectures, and even exchange for the digital token (L4W), allowing users to explore the world of Web3 ecosystem through real-world applications.

The Era of “Health 3.0: Live4Well and GYMetaverse’s Vision for a Holistic Approach to Health”

GYMetaverse’s Live4Well platform is revolutionizing the concept of health with its innovative approach known as “Health 3.0.” The healthcare landscape has transitioned from the directive Health 1.0, where companies and health organizations provided wellness instructions, to the interactive Health 2.0, offering personalized consultations. We’re now entering the era of Health 3.0, the future of wellness where users drive their health choices. In this new stage, individuals are not just recipients but active participants, empowered with the freedom to shape their health journeys. Through this shift, healthcare becomes a more personalized and effective experience.

From Sportswear to Health Management: GYMetaverse’s Evolution and the Live4Well Platform

Established in 2022, GYMetaverse has come a long way since its inception. In 2017, the investors of the company completed a 100% acquisition of the renowned German sports brand Gym Aesthetics (GA). This significant move expanded their ambitions beyond sportswear sales. Venturing into the sports and technology industries, Gym Aesthetics made strategic investments in projects under Animoca Brands and formed collaborations with key stakeholders in the sports world. Notable partnerships included working with Alain Ngalani, a four-time Muay Thai world champion, and Sergi Constance, a Spanish fitness model with over 6 million followers on Instagram.

Over the past six years, Gym Aesthetics has worked closely with more than 100 fitness coaches to organize successful online and offline fitness events, solidifying its expertise and fostering a vibrant community of fitness enthusiasts. Now, GYMetaverse is poised to embark on an exciting new chapter, leveraging on its resources to create a user-driven health management platform infused with web3 elements.

To realize this transformative vision, GYMetaverse has committed a substantial investment of HKD 100 million into the development of the Live4Well platform. This dedicated investment underscores the company’s unwavering commitment to creating a flagship web3 project that revolutionizes health management for the people of Hong Kong. By leveraging its extensive industry experience and strategic collaborations, GYMetaverse is poised to reshape the future of health and fitness, establishing a transformative ecosystem that empowers individuals to thrive in the era of “Health 3.0.”

Youtube: https://www.youtube.com/watch?v=aBCY1kOHaT4&t=1s

About Live4Well

Live4Well is a Web3.0 health management platform that integrates virtual reality to inject a new economic model into the fitness industry. Users can earn Sweat Coins through high-precision exercise on the platform, which can be redeemed for physical gifts, fitness courses, or even digital currency (L4W).

The platform also offers a VIV PASS, which serves as both a pass for accessing multiple gyms and studios across 18 districts in Hong Kong and a tool for measuring users’ body movements to improve their exercise posture. The VIV PASS comes with a mobile app that combines blockchain technology, artificial intelligence, and motion capture technology, providing users with a 24-hour fitness coach. Users need to calculate their sweat capacity in exchange for more rewards and benefits, enjoy the freedom to work out regardless of location.

For further information, please check our website: https://www.live4well.io

HashKey Exchange, Hong Kong’s first licensed retail virtual asset exchange, and imToken, a well-established non-custodial crypto wallet, have forged a strategic partnership to merge the “trusted” and “trustless” elements of the Web2 and Web3 realms within the virtual asset landscape.

Web3 operates on a “trustless” principle, relying on code, incentives, and economic mechanisms, giving users the option to not rely on third party. On the other hand, Web2 offers users a more familiar user experience and enhanced access to traditional financial services that are not yet found in Web3.

Both HashKey Exchange and imToken teams will work closely together to offer a comprehensive, seamless, and secure solution for all users, empowering customers with enhanced choices, elevating user experience to unprecedented levels of safety and convenience.

The seamless flow of value between exchanges and non-custodial wallets is a crucial junction for the Web3 investor experience. Investors seek a combination of non-custodial wallets, fiat on-ramp/off-ramp services, and professional trading capabilities, but the fragmented nature of service providers often hinders their overall experience.

In this strategic partnership, imToken will be appointed as the official non-custodial wallet partner for HashKey Exchange, catering to users who seek self-managed digital assets. As one of the first recipients of the virtual asset license from the Hong Kong SFC, HashKey Exchange will offer imToken users a trusted platform to trade virtual assets where direct bank transfers for fiat on and off ramp are supported.

We firmly believe that this collaboration will serve as a catalyst, synergizing the trusted attributes of HashKey Exchange’s regulatory compliance with imToken’s proven track record in security within the trustless nature. Together, we bridge the gap between fiat and digital assets, custodial and non-custodial solutions, and facilitate the unrestricted flow of value under a robust and secure framework.

Livio Weng, COO of HashKey Group, said, “We are excited to partner with imToken, a renowned name in the decentralized wallet space. By combining HashKey Exchange’s regulated trading platform with imToken’s secure and trustless capabilities, we aim to bring virtual asset management experience to the next level.”

Ben He, CEO and Founder of imToken, said, “Our collaboration with HashKey Exchange represents a significant step forward in creating a seamless and secure ecosystem for Web3 enthusiasts. Together, we empower users to take control of their assets while ensuring they have access to a trusted fiat gateway for a holistic Web3 experience.”

About HashKey Exchange

On a mission to set the bar for virtual asset exchanges in compliance, safety, and security, Hash Blockchain Limited (HashKey Exchange) is Hong Kong’s first licensed virtual asset exchange for retail users. HashKey Exchange has recently received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in securities) licence and Type 7 (Providing automated trading services) licence. As HashKey Group’s flagship business, HashKey Exchange provides all-in-one trading services for both professional investors (PI) and retail investors. HashKey Exchange has obtained ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications.

About imToken

imToken, a Series-B blockchain technology company headquartered in Singapore, is inspired to make digital life equally accessible to everyone, and we are committed to creating digital wallets that are simple to use, safe and secure for every user. Since its founding in 2016, imToken has served over 15 million users in more than 150 countries worldwide.

ChainUp, a leading global blockchain solutions provider, has been awarded three internationally recognised security accreditations – ISO/IEC 27001, 27017 and 27018 certifications. Following their announcement of the SOC 2 Type 1 achievement last week, attaining these highly-acclaimed certifications underscores ChainUp’s dedication to maintaining stringent global security standards.

As regulations tighten, the demand for secure and compliant infrastructure continues to grow in the blockchain and Web3 industry. With an unwavering pursuit of excellence, ChainUp has meticulously designed a sophisticated framework focusing on information security, cloud computing security and Personally Identifiable Information (PII) protection, thereby recognized for achieving the international standards in managing information security. These international standards are published jointly by the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC).

The achievement of ISO/IEC 27001 signifies that ChainUp has put in place a system to manage risks related to the security of data owned or handled, and respects all the best practices and principles enshrined in this International Standard. Attaining ISO/IEC 27017 demonstrates that ChainUp is adhering to the most stringent cloud services security standards and has appropriate processes in place to manage any unforeseen challenges. ISO/IEC 27018 certification implies that ChainUp has met specific requirements, controls, guidelines, and code of practice to protect their customers’ PII. These esteemed accreditations reinforces that ChainUp’s cutting-edge blockchain solutions are ready for the customers’ trust internationally.

Sailor Zhong, Founder and CEO of ChainUp, said, “We are delighted and proud to achieve ISO/IEC 27001, 27017 and 27018 certifications. This is a testament to our ongoing commitment to meet the evolving security needs of our clients. ChainUp is dedicated to upholding international security standards, providing compliant and assured solutions. We will continue to empower businesses around the world to thrive in a secure Web3 ecosystem, contributing to the advancement of the blockchain industry.”

About ChainUp

Founded in 2017 and headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. We provide a complete suite of secure and compliant blockchain solutions including digital asset exchange, NFT trading, wallet, liquidity, Web3 infrastructure, digital asset custody, security token offerings and more. ChainUp currently serves more than 1,000 customers across 30 countries, reaching more than 60 million end-users.

Find out more about ChainUp: chainup.com

ChainUp, global blockchain technology solution provider, has announced its successful completion of the System and Organization Controls 2, audit and is now SOC 2 Type 1 certified. As a key industry standard for compliance, SOC 2 examines the security, availability, confidentiality, processing integrity, and privacy of customer data across solutions. Conducted by Deloitte Touche Tohmatsu Certified Public Accountants LLP, the audit included an evaluation of ChainUp’s internal controls related to Information Technology, based around the Trust Principles of Security, Availability, Integrity of processing, Confidentiality and Privacy in accordance with the criteria set by the American Institute of Certified Public Accountants (AICPA).

As ChainUp provides a complete suite of blockchain technology solutions, covering both infrastructure development and ecosystem support for businesses, it was built on a set of comprehensive security measures and processes to ensure system security, user information confidentiality, and privacy. The SOC 2 Type 1 certification reflects ChainUp’s commitment to technical and operational best practices in protecting the business, customer data and users’ digital assets. Presently, ChainUp is pursuing the completion of SOC 2 Type 2 audit to further demonstrate their commitment in protecting data and establishing total trust with businesses and users.

Sailor Zhong, Founder and CEO of ChainUp, said: “ChainUp has been committed to providing efficient, secure and reliable blockchain technology services to businesses and users worldwide. The completion of SOC2 Type 1 certification is an important milestone for us in validating the quality and security of our services. As a customer-first company, we anticipate the level of compliance businesses and institutional investors would expect and ChainUp remains dedicated to ensuring the utmost security and privacy protection for all business, customer and user information.”

About ChainUp

Founded in 2017 and headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. We provide a complete suite of secure and compliant blockchain solutions including digital asset exchange, NFT trading, wallet, liquidity, Web3 infrastructure, merkle tree proof-of-reserves, digital asset custody, and more. ChainUp currently serves more than 1,000 customers across 30 countries, reaching more than 60 million end-users.

Find out more about ChainUp: www.chainup.com

FatBrain AI (the “Company,” or “we”), the leader in powerful and easy-to-use AI solutions for small business, announced a new distribution agreement for its IntellAgent Advisor™ AI Sales Enablement solution.

Its distribution partner Appulate offers an industry-leading software that has been digitizing insurance transactions across agency brokers, distribution/MGA and carrier systems over 18 years. It reaches nearly 300,000 users at 35,000 agencies, connected with 150 carriers. Appulate enables 240,000 insurance requests per year, with $3B+ in premiums annually.

Last week FatBrain AI’s Insurance subsidiary IntellAgents announced its latest product; IntellAgent Advisor™, which is a sales enablement tool for agents’ rapid growth and productivity boost. It personalizes the exclusive underwriting knowledge from Rough Notes, Inc., a trusted leader supporting independent agents and underwriters since 1878. It automates 145 years of insurance expertise and delivers it at the “point of sale” using FatBrain’s FatGPT™ private data model technology, similar to the popular large language models or LLMs. In its simplicity, the IntellAgent Advisor aligns and enhances the underwriting knowledge, the agent-client experience and FatBrain’s existing innovation ecosystem continuously scoring industry and region-specific business risks.

“With IntellAgent Advisor, our clients now get ‘on the spot’ analysis of the insurance risks and recommended coverages for 700 different industries,” said Dimitri Nikouline, CTO of Appulate. “It gives them the much-needed advantage in a highly competitive landscape – to grow new business and retain their existing customers. Each agent instantly knows more about their customers’ business and their insurance needs with a few clicks.”

“Our goal is to reach as many agents as quickly as possible,” said Mark Stender, president of FatBrain AI insurance business and 27-year veteran of insurance technology. “The Appulate partnership enables mass adoption by a large number of agents embedded into a high volume of ‘real business’ transactions accelerating the commercial insurance application process.”

“The Appulate relationship empowers multi-level business insights across the seller-distributor-carrier/manufacturer dynamics,” said Peter B. Ritz, co-founder and CEO of FatBrain AI. “We are excited to make the entire experience more personalized for sellers and their clients, while automating the augmented decision-making across the entire P&C insurance supply chain.”

About FatBrain AI

FatBrain AI provides powerful and easy-to-use AI solutions to empower the enterprise stars of tomorrow to grow, innovate, and drive the majority of the global economy. FatBrain’s AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, large language models, and cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain’s subscriptions allow all companies to deploy its advanced AI solutions quickly, easily, and securely behind their firewalls or via cloud. FatBrain’s global delivery includes 600+ team across design, development centers in the US, UK, India, and Kazakh Republic.

For more information, please visit: https://www.fatbrain.ai

About Appulate, Inc.

Appulate the #1 digital distributor of P&C insurance and the leading insurtech company providing innovative solutions to streamline and enhance insurance processes for agents and markets. Appulate facilitates the evolution of technology and changes the way more than 300,000 independent agents and over 35,000 agencies generate quotes and expand their business. Appulate powers the digital transformation of insurance by bringing together the insured, agent, wholesale broker, MGA and carrier in a digital ecosystem designed to expedite the rate, quote, and bind process for property and casualty risks.

For more information, please visit: https://appulate.com

SKYPLAY has received a $10 million commitment from global investment group, LDA Capital Limited, to accelerate the growth of its gaming platform by publishing more games and acquiring new users. SKYPLAY plans to continue to leverage its enthusiastic blockchain community of over 300,000 monthly active users to help bring excitement to its gaming portfolio as SKYPLAY expands its virtual playground.

SKYPLAY offers a user-friendly platform where users can utilize the SKP coins they have acquired for various purposes within the ecosystem provided by the platform. The platform provides seamless integration between the onboarded content and SKP, allowing users to experience a wide range of services offered by each project using SKP as the underlying currency.

Anthony Romano, Managing Partner at LDA Capital Ltd, expressed enthusiasm for the partnership with SKYPLAY as the company leads the charge among Play to Earn (“P2E”) platforms. “SKYPLAY’s expansive ecosystem offers users a variety entertainment across sports, arts and crafts, appealing to the different preferences amongst the gaming community. This multifaceted approach, along with a forum-oriented community they’ve built is extremely difficult to replicate and gives them a leg up as they publish more games and diversify their entertainment offerings.”

Currently, SKYPLAY is servicing games in over 170 countries worldwide, with approximately 300,000 users utilizing the platform monthly. With a goal of securing over 10 million users by the end of 2024, the company is preparing an AI avatar that will serve as a metaverse platform connecting cities, humans, and the future, aiming to provide new experiences and business models. By showcasing the future of digital content through ever-evolving blockchain and AI technologies, SKYPLAY aims to grow into a platform that offers innovative experiences and diverse opportunities to its users.

Richard Chang, CEO of SKYPLAY, mentioned, “The investment from LDA Capital will serve as a significant driving force for the future growth of SKYPLAY. I am confident that together, we will pioneer the future and become invaluable partners in our journey of growth.”

About SKYPLAY

SKYPLAY, a company established in July 2021, is developing a platform that integrates blockchain technology, one of the key businesses of the Fourth Industrial Revolution. The platform offers various games, including Clashrow, along with the ability for users to earn coins and trade NFTs. Users can enjoy games and content while also participating in the NFT marketplace.

About LDA

LDA Capital is a global alternative investment group with expertise in cross-border transactions worldwide. Our team has dedicated their careers to international & cross-border opportunities having collectively executed over 250 transactions in both the public and private middle markets across 43 countries with aggregate transaction values of over US$11 billion.