Day: May 27, 2025

Bitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity

Bitget Expands into Real-World Assets with BGUSD, Offering Daily Yields and High Liquidity

VICTORIA, Seychelles, May 27, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users worldwide. BGUSD is fully integrated into the platform’s trading and wealth management infrastructure, offering a multifaceted utility layer backed by real-world assets. BGUSD is redeemable for USDC at a 1:1 ratio and can be subscribed using USDC or USDT. Holding BGUSD provides users with an annualized yield starting at 4%, credited daily to their spot accounts based on their minimum daily balance. For the first 30 days following launch, a promotional APY of 5% will apply.

The asset derives its yield from a diversified basket of tier 1 tokenized real-world assets, including high-grade money market funds and tokenized US Treasury products. This disciplined yield structure is supported by a diversified asset allocation, institutional-grade infrastructure, and partnerships with multiple leading tokenization service providers, including Superstate (via their tokenized treasury fund USTB).

“At Bitget, our mission has always been to prioritize our users’ needs — whether they come from the crypto-native community, institutional circles, or traditional finance. With BGUSD, we are delivering a solution that bridges the best of both worlds: the transparency and innovation of crypto with the stability and yield opportunities traditionally found in real-world assets. We’ve built BGUSD to unlock passive income and make yield generation as seamless as holding a stablecoin. This launch is a new step in how we connect traditional finance’s strengths with the agility of Web3 — and it’s just the beginning,” said Gracy Chen, CEO at Bitget.

This structure positions BGUSD as a secure, yield-generating alternative within the platform, minimizing exposure to crypto market volatility while maintaining full liquidity through redemption options. Users can opt for instant redemptions, fulfilled from Bitget’s reserve pool, or standard redemptions with settlement within three business days. Subscription and redemption fees are fixed at 0.1%.

More than a tool for preservation, BGUSD is built for active deployment and fully supports Bitget’s broader ecosystem. It can be used as lending collaterals, futures margin, Launchpool, and PoolX. The asset’s full-scenario usability contributes to enhanced capital retention and supports platform-level strategies aimed at generating stable, risk-adjusted returns. Through self-managed allocation and collaborations with reputable financial institutions, the product ensures diversification and mitigates concentration risk. By bridging traditional finance instruments with on-chain accessibility, BGUSD delivers a resilient solution in contrast to existing offerings, combining stable returns with full transparency.

For more information on BGUSD, visit here.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 100 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/179b25fe-1d19-467b-a3b2-bae3d42a37df

GlobeNewswire Distribution ID 1001099099

Axi launches ‘Tunnel of Triumph’ campaign with Manchester City star, John Stones

Axi launches ‘Tunnel of Triumph’ campaign with Manchester City star, John Stones

SYDNEY, May 27, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi has unveiled their second activation with Man City star and Brand Ambassador, John Stones. Their latest campaign, Tunnel of Triumph, builds on the success of last year’s Axi spread-betting campaign, once again featuring John Stones. This year, the City star relives some of his biggest moments on the pitch and reveals what those experiences have meant to him and the team.

Hannah Hill, Head of Brand and Sponsorship at Axi, expressed her enthusiasm for their new campaign, stating, “We’re thrilled to be launching the Tunnel of Triumph campaign featuring our Brand Ambassador, John Stones. John is a remarkable player who brings relentless edge, ambition, and never settles for less on the pitch – qualities that perfectly mirror our own. When it comes to what we deliver for our clients, we continually aim to excel, whether it’s through our super competitive trading conditions, our excellent customer service, or our offerings. Focusing exclusively on the UK audience, our latest campaign promotes our Spread Betting account, highlighting how our clients can trade the markets tax-free*.”

Axi’s Tunnel of Triumph campaign complements the broker’s ‘Four Years’ campaign, launched in March 2025, which featured City star players Ruben Dias, Bernardo Silva, and John Stones. The campaign celebrated four remarkable years of collaboration, shared achievements, and reaching new heights together.

Further to the broker’s long-term partnership with Manchester City and having John Stones as their Brand Ambassador, Axi is also the Official LATAM Online Trading Partner of LaLiga club, Girona FC, and the Official Online Trading Partner of Brazilian club, Esporte Clube Bahia.

https://youtu.be/ThJDNXKddac

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

*Applies to UK spread betting. Tax laws are subject to change and depend on individual circumstances. Tax law may differ in a jurisdiction other than the UK. Axi does not provide tax advice.

About Axi

Axi is a global online FX and CFD trading brand, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

For more information or additional comments from Axi, please contact: [email protected].

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/08aae059-82a9-4097-921e-3fb8c451ea98

GlobeNewswire Distribution ID 1001098899

New partnership empowers offshore connectivity innovator to deliver cloud-native 5G services – including enhanced mobile broadband, URLLC and mMTC

Mavenir’s Converged Packet Core Solution Set to Transform Tampnet’s Global 4G/5G Mobile Network

Connectivity through vessels, platforms, rigs, boats and satellites offshore.

Marking a wholesale migration to Mavenir from existing core technology providers in Europe and the Americas, this new strategic partnership unlocks a transformative opportunity for Tampnet to deliver innovative, cloud-native 5G services to its mobile customers – including enhanced mobile broadband, ultra-reliable low-latency communications (URLLC), and massive machine-type communications (mMTC). Leveraging full containerisation for optimal flexibility, Mavenir’s advanced converged packet core solution will ensure a smooth and seamless transition across Tampnet’s 4G, 5G Non-Standalone (NSA), and introduction of 5G Standalone (SA), while also setting the global communication service provider on course for future 6G capabilities.

Additionally, Mavenir’s integration of AI-driven automation and energy-efficient network orchestration features will drive a suite of compelling benefits – enabling Tampnet to optimize network performance, reduce operational costs, and deliver hyper-personalized services tailored to its customers’ needs.

Commenting on the technology partnership, Øyvind Skjervik, Chief Architect of Tampnet, said: “This strategic collaboration with Mavenir marks a significant milestone in our journey to deliver cutting-edge connectivity and digital services to our customers worldwide. This positions us as a leader in the global telecommunications landscape, ready to meet the evolving demands of consumers, enterprises, and industries. We’re looking forward to collaborating closely with Mavenir to bring this next-generation mobile core to life and to set a new benchmark for connectivity and innovation.”

Mavenir’s end-to-end, fully containerized packet core portfolio provides multi-generational support for all G’s to allow flexible and cost-effective modernization of existing mobile networks while evolving to 5G. The cloud-native architecture offers easy scaling, hardware decoupling, agility, portability and resilience across all cloud environments – public, private and hybrid – while a granular microservice architecture delivers carrier-grade resiliency that meets web-scale requirements – including high availability, security, and performance.

Ashok Khuntia, President – Core Networks for Mavenir, said: “Tampnet and Mavenir are aligned in a mission to fundamentally transform global connectivity, pushing the limits of technology innovation to drive greater accessibility and richer service capabilities for users wherever they are, while continually raising the bar in resilience, reliability, energy-efficiency and performance. By entrusting Mavenir with its mobile core transformation, Tampnet is positioned to fully realize the benefits of an agile, extensible network and accelerate the roll-out of leading-edge services to support IoT and emerging next-generation applications. We are excited to be embarking on this significant collaboration where, together, we will be working to redefine what’s possible in offshore telecommunications.”

About Mavenir

Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

About Tampnet

Tampnet provides first-class, high-capacity connectivity to the global offshore energy sector, enabling digitalization, efficiency, and sustainability. By operating the world’s largest offshore network, Tampnet delivers reliable and scalable high-capacity, low-latency connectivity solutions that support safer, smarter and more sustainable operations from site to shore. Through continuous innovation and focus on reduction of carbon footprint, Tampnet revolutionizes offshore operations, contributing to a more sustainable energy production landscape. The company operates offshore telecom infrastructure in the North Sea, the Gulf of Mexico (Gulf of America), Trinidad & Tobago and Canada. More than 350 offshore energy installations, as well as a large number of mobile rigs and vessels, receive high-speed data communication by Tampnet. For more information, please visit www.tampnet.com

Media Contact :
Emmanuela Spiteri
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/bdf5e235-b992-4e9c-aed8-d2670ab453ec

GlobeNewswire Distribution ID 9457210