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Blockchain Press Releases

Geek+ drives automation of advanced BMW-producing plant in China

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– Geek+ brings its AMR expertise to premium car manufacturer BMW Brilliance Automotive’s vehicle production facility to strengthen digitalization and end-to-end value chain.

SHENYANG, China, June 29, 2023 /PRNewswire/ — Geek+, the global leader in AMR technology, and BMW Brilliance Automotive (BBA), one of China’s leading premium automotive manufacturers, announce the automation of a highly advanced BMW-producing factory in China with Geek+’s goods-to-person picking solution. This makes it the world’s leading­ BMW-producing facility with goods-to-person AMRs.

BBA’s plant was the first BMW factory in China, and produces iconic vehicles, such as the BMW 5-series, the new X5, and the innovative all-electric iX3. In order to modernize operations and keep up with accelerating demand, BBA chose Geek+’s game-changing goods-to-person solution to shift operations up a gear. The solution was deployed at high speed: The AMRs were in place and underway ahead of schedule in only two months from start to finish.

The plant represents a significant milestone for both companies on the road to Industry 4.0. BBA and Geek+ are working together to develop both software and hardware to power the digital intelligence upgrade. The new software aims to refine warehouse management systems by connecting upstream and downstream systems, while hardware upgrades include customization of the AMRs to meet the unique requirements of BMW and the auto industry.

Ralf Schieder, vice president of BBA Strategy and Logistics, said: “This project is an important step in BMW Brilliance’s move towards smart manufacturing and digital factories, and a key milestone in our logistics transformation! I like to call it ‘collaborative innovation.’ We worked closely with Geek+ to develop an efficient and flexible smart logistics solution, which not only realized the integration and coherence of the warehouse management system, but also provided us with more flexible and faster solutions for future upgrades and renovations, setting a model of a people-oriented sustainable green factory for the industry.”

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Yong Zheng, founder and CEO at Geek+, said: “AMR technology holds tremendous potential for the automotive industry, and we are very proud to be able to demonstrate that with what we’ve achieved with BMW Brilliance Automotive. Working together to create digital logistics and advancing the digital standard in the auto manufacturing industry has been a real pleasure. This digital upgrade definitely puts BBA in the driver’s seat for the ongoing digital transformation in their industry.”

In addition to producing high-end cars, the plant is also recognized for its highly sustainable advanced production technology, environmentally friendly plant design, and various environmental protection and energy-saving measures. Geek+ and BBA will continue to build on this success by optimizing operational processes and human-robot interaction to produce automobiles ready for whatever roads lay ahead.

About BMW Brilliance Automotive

Founded in May 2003, BMW Brilliance Automotive Ltd. (BBA) is a joint venture between the BMW Group and Brilliance China Automotive Holdings Ltd. Business operations of BBA include production, sales and after-sales services of BMW automobiles in China. BBA has a state-of-the-art production base in Shenyang, Liaoning Province, a branch company in Beijing and an extensive national sales and service network. The joint venture employees around 20,000 people and has a network of nearly 400 local suppliers. It has been the top taxpayer in Shenyang for 14 consecutive years.

About Geek+

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Geek+ is a global leader in robotic solutions for logistics. We develop Autonomous Mobile-Robot (AMR) solutions to realize flexible, reliable, and highly efficient automation for warehouses and supply chain management. Geek+ is trusted by over 700 global industry leaders and has been recognized as the world leader in autonomous mobile robots. Founded in 2015, Geek+ has over 1,500 employees, with offices in the United States, Germany, the United Kingdom, Japan, South Korea, Mainland China, Hong Kong SAR, and Singapore.  

For more information, please visit: https://www.geekplus.com/ 

For inquiries, please contact:

Benjamin Nylin
Geek+
Global PR and Communications Manager
[email protected]
Tel: +1.470.428.5624

Video: https://mma.prnewswire.com/media/2143960/Geek.mp4
Photo: https://mma.prnewswire.com/media/2143680/Geek_BMW.jpg

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Blockchain Press Releases

Term Structure Institutional (TSI): The Future of Institutional Fixed-Rate Digital Asset Lending and Borrowing

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HONG KONG, March 17, 2025 /PRNewswire/ — 

Redefining Institutional Finance in the Digital Asset Era

As institutional adoption of digital assets accelerates, the demand for reliable, predictable, and efficient lending and borrowing solutions has never been greater. Term Structure Institutional (TSI) is at the forefront of this transformation, offering a cutting-edge fixed-rate borrowing and lending platform designed to meet the needs of institutional investors.

With a robust foundation built on Fireblocks’ industry-leading Multi-Party Computation (MPC) technology and as an advanced Electronic Communication Network (ECN), TSI eliminates the risks of volatile lending and borrowing markets, providing institutions with seamless access to fixed-income opportunities in the digital asset space.

Addressing Key Challenges in Institutional Digital Asset Lending and Borrowing

Despite the rapid growth of digital asset markets, institutional participants continue to face significant barriers:

  • Unpredictable Borrowing Costs – Open-term loans expose institutions to fluctuating interest rates, making financial planning challenging.
  • Security Concerns – The on-chain DeFi ecosystem is prone to hacks and vulnerabilities, deterring institutional involvement.
  • Limited Trading Flexibility – Traditional custodian solutions often restrict institutions from executing sophisticated borrowing and lending strategies.
  • Inefficiencies in OTC Markets – A lack of transparency and standardized pricing leads to suboptimal execution.

TSI directly addresses these pain points, delivering a reliable and efficient fixed-income platform purpose-built for institutional engagement.

Why Institutions Choose TSI

Enhanced Security with Fireblocks MPC Technology

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TSI integrates Fireblocks’ cutting-edge MPC technology, ensuring that institutional assets remain protected at all times. By eliminating single points of failure, TSI significantly enhances risk management and compliance.

Predictable, Fixed-Rate & Fixed-Term Borrowing & Lending

TSI enables institutions to lock in stable interest rates and predefined loan durations, providing much-needed certainty for long-term financial strategies.

Efficient Market Access

TSI’s ECN-powered platform revolutionizes price discovery and liquidity aggregation, bringing the standardization and efficiency of traditional finance into the digital asset ecosystem.

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Institutional-Grade Over-Collateralized Lending

To mitigate default risks, TSI requires borrowers to provide collateral exceeding the loan value, ensuring robust lender protection and market stability.

Streamlined Collateral Liquidation

TSI’s structured liquidation process ensures collateral is efficiently managed, safeguarding institutional participants from unnecessary losses.

Shaping the Future of Institutional Digital Asset Lending and  Borrowing

TSI is more than just a platform—it’s a game-changer for institutional digital asset lending and  borrowing. By combining enhanced security and fixed-rate certainty, TSI is setting a new standard for institutional finance in the digital asset space.

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Are you ready to experience the next evolution of institutional digital asset lending? Join TSI today and unlock the power of predictable, reliable, and institutional-grade financing. Follow us on X to stay updated!

About Term Structure Institutional

Term Structure Labs Limited is a company registered in BVI, primarily focused on DeFi research with an emphasis on fixed-rate solutions. Term Structure Institutional (TSI) is one of its products, designed specifically to cater to institutional users, offering tailored solutions within the broader Term Structure ecosystem.

View original content:https://www.prnewswire.co.uk/news-releases/term-structure-institutional-tsi-the-future-of-institutional-fixed-rate-digital-asset-lending-and-borrowing-302401796.html

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Blockchain Press Releases

BingX Joins NBX 2025 as a Gold Sponsor: Empowering Blockchain Innovation

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PANAMA CITY, March 15, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to announce its participation as a Gold Sponsor at the 5th edition of Next Block Expo (NBX), scheduled for March 19-20, 2025, at Multikino Złote Tarasy in Warsaw, Poland. As one of Europe’s premier Web3 events, NBX 2025 is expected to attract over 2,000 attendees, making it a key platform for blockchain innovation and collaboration.

NBX serves as a dynamic hub for industry leaders, startups, investors, and developers, fostering knowledge-sharing and networking opportunities to drive the future of blockchain. As a firm advocate for Web3 advancements, BingX will showcase its ongoing commitment to innovation through an interactive booth, featuring engaging activities, expert insights, and exclusive giveaways. Attendees will gain firsthand knowledge of how BingX supports high-potential blockchain projects with financial backing, technical expertise, and strategic growth consultations.

In addition to its sponsorship, Vivien Lin, Chief Product Officer of BingX, will be a key speaker at NBX 2025, contributing to discussions on strategic trading approaches, risk management, and the evolving landscape of blockchain investments. She will also deliver a keynote speech exploring BingX’s vision for blockchain innovation and how the company translates emerging technologies into real-world applications.

“At BingX, we believe that true innovation comes from bold ideas and strategic execution,” said Lin. “Sponsoring NBX 2025 is more than just a presence for us — it’s a commitment to fostering a thriving blockchain ecosystem. We are here to connect with visionaries, provide the resources they need, and help shape the future of decentralized technology. By empowering builders and innovators, we’re not just supporting projects — we are accelerating the evolution of Web3 itself.”

BingX’s participation at NBX 2025 underscores its long-term vision of driving blockchain innovation and supporting the next generation of industry leaders. As BingX continues to expand its global footprint, initiatives like this sponsorship reinforce its role as a catalyst for growth in crypto space. By engaging with emerging projects, thought leaders, and investors, BingX remains at the forefront of Web3 advancements, bridging the gap between groundbreaking ideas and real-world impact.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

Photo – https://mma.prnewswire.com/media/2642425/BingX_NBX_Event_PR_Banner_1920x1080.jpg

Logo – https://mma.prnewswire.com/media/2310183/BingX_logo_Logo.jpg

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Blockchain Press Releases

Opportunities in Volatility: Navigate Crypto Market Trends with KuCoin Trading Bots

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opportunities-in-volatility:-navigate-crypto-market-trends-with-kucoin-trading-bots

VICTORIA, Seychelles, March 14, 2025 /PRNewswire/ — KuCoin, a global leading cryptocurrency exchange, is excited to announce the release of its latest market trend and trading bot strategies report for March 2025. This detailed production is designed to empower traders by enhancing their understanding of the crypto market and refining their trading techniques.

This new report is set to support both novice and experienced traders by providing them with a detailed historical analysis of Bitcoin’s performance over the past 13 years, diving into the long-term trends and cyclicality of the market, enabling traders to enhance their understanding of the market landscape.

To help everyone to better keep up with the dynamics of the market, the report features a calendar of key events in March that are expected to impact the crypto markets. This report serves as learning materials with the purpose of information sharing, users are welcome to leverage the detailed information provided in the report  to personalize their own analysis and develop trading strategies that align with their individual trading habits and risk appetite.

This is a testament to KuCoin’s ongoing commitment to education and excellence in the crypto trading space. New users are also welcomed to join the latest Trading Bot Carnival to stand a chance of getting various types of rewards. Users are encouraged to read through risk warnings before proceeding to investing.

For a full report and access to the educational resources provided by KuCoin, please visit KuCoin Official Website.

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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 40 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. Learn more: https://www.kucoin.com/.

Disclaimer:  This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions or any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances.

(PRNewsfoto/KuCoin)

Photo – https://mma.prnewswire.com/media/2641783/image_5002362_28273886.jpg

Logo – https://mma.prnewswire.com/media/2641815/KuCoin_Horizontal_Green_LOGO_Logo.jpg

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