Blockchain Press Releases
Accel Kicks-Off Atoms 3.0 Program with AI and Industry 5.0 focused Cohorts; unveils cohort structure
- Accel introduced Atoms 3.0 earlier this year in a new avatar of theme-based cohorts – Artificial Intelligence(AI) & Industry 5.0
- The Atoms program was launched 23 months ago and, to date, has invested in 24 companies across two cohorts
- The applications for the AI & Industry 5.0 cohort open on 26th July, 2023 and can be accessed at Atoms3.0
SINGAPORE and JAKARTA, Indonesia, Aug. 9, 2023 /PRNewswire/ — Global venture capital firm Accel today announced the opening of applications for the AI and Industry 5.0 cohorts under Atoms 3.0, the new avatar of Atoms designed to help early-stage AI and Industry 5.0 startups in India, Southeast Asia and the UAE.
Accel Atoms is an accelerator program that provides pre-seed and seed-stage startups with access to funding, personalized mentorship, and industry-specific guidance from top operators and founders. Since the launch of the program in August 2021, Atoms has invested in 24 companies across two cohorts. These companies have since raised a total of over $160mn in funding.
The revamped Atoms 3.0 program, based on valuable feedback from previous cohorts and the broader ecosystem, introduces a sector-based approach. Through closed groups, early-stage founders can collaborate, interact, exchange ideas, and grow together in a more personalized learning environment. The redesigned Atoms 3.0 program stands out as the sole sector-specific program catering to early-stage startups, featuring distinct and personalized cohorts tailored to various sectors.
The AI cohort will be led by Prayank Swaroop, while the Industry 5.0 cohort will be spearheaded by Barath Shankar Subramanian. They will be supported by a team of experienced Accel investors, operators and mentors. Each cohort will consist of a small number of companies and will follow its own duration and methodology to help these companies prepare for success. Closed groups enable better collaboration, interaction, exchange of ideas, and collective growth, providing a more personalized learning journey.
The program will consist of a series of workshops, mentorship sessions, and networking events designed to help startups validate their ideas, build their teams, and raise capital. Selected cohort companies benefit from:
- Up to $500K in investment
- Access to Accel’s mentorship network
- Workshops on AI and Industry 5.0 best practices
- Community events with other AI and Industry 5.0 startups
- Meet-ups with potential customers
- Mixers with investors and Accel portfolio companies
- Perks from Atoms partners like AWS, Azure and Google Cloud
- Webinars, On-ground events, AMA sessions with industry experts
The focus on AI and Industry 5.0 stems from Accel’s recognition of their immense potential to revolutionize industries and reshape the future:
- The rise of AI presents a pivotal moment in human history, with the potential to significantly impact diverse industries and redefine the status quo. For the AI cohort, Atoms is looking for companies that are using AI innovatively for business applications as well as companies that are building development tools for the AI ecosystem.
- Industry 5.0 represents a future where humans collaborate with smart manufacturing machines, fostering a carbon-neutral and energy-efficient industry. Accel aims to support startups operating in sectors such as manufacturing, pharmaceuticals, oil and gas, agri-tech, and food-tech, as these industries embrace the transformative power of Industry 5.0.
Prayank Swaroop, Partner at Accel, said, “Zero-to-one is the most challenging journey for any entrepreneur, as it sets the foundation for the business. Our goal is to work with founders to develop the core DNA that makes a company exceptional.”
He further added, “We believe that AI will have a transformative impact on a wide range of industries, and we want to support the next generation of AI entrepreneurs in India and SEA. AI startups in this region need a lot of help in competing globally, with Atoms we intend to help these companies with a running start.”
With insights from our first two Atoms cohorts, we have transformed Atoms 3.0 into a thematic venture, launching AI and Industry 5.0 cohorts aimed at providing bespoke guidance to handpicked startups.
Barath Shankar Subramanian, Partner at Accel, said, “At Accel, we believe that innovation has the power to reshape industries and create a lasting impact on society. There are strong tailwinds powering manufacturing and the next wave of growth will be powered by tech and our mission is to empower founders building that tech.”
He further added, “We are thrilled as we open the applications for the Industry 5.0 cohort. Together, we will build the foundations of tomorrow’s industries, unlocking unprecedented opportunities and shaping a future that is not only efficient and profitable but also inclusive and sustainable.”
The applications for the AI and Industry 5.0 cohorts of Atoms 3.0 are now open and will close on 10th September 2023 for AI and 23rd September 2023 for Industry 5.0. To apply, please visit [Website]
The cohorts with selected startups will commence on 20th September 2023 for AI and 30th September, 2023 for Industry 5.0.
Read the Atoms blog to learn more about the redesigned Atoms 3.0 program (Link)
For more information on the Atoms program, visit (LINK)
About Accel
Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, Browserstack, Flipkart, Freshworks, FalconX, Infra.Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others. We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com or https://twitter.com/Accel_India.
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Blockchain Press Releases
MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers
VICTORIA, Seychelles, May 12, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.
Key Takeaways:
- MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
- Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
- Tokens with high spot trading volume saw daily returns averaging 403.49%.
- By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges.
- Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.
According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.
Top New Listings Deliver 832% Average Peak Returns
MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.
Strong Daily Performance Tied to Trading Volume
April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:
- WCT (+849.40%)
- BANK (+937.10%)
- BABY (+738.00%)
The early token growth metrics highlight that activity on the platform is an important signal for early traders.
MEXC Empowers Traders with Early Price Discovery Capabilities
Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:
- HOUSE: +11,580%
- PUMP: +281.54%
The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.
Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz
MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.
Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
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Blockchain Press Releases
HashKey Group Announces Launch of HashKey Global MENA with VASP License in UAE
HONG KONG, May 12, 2025 /PRNewswire/ — HashKey Group (“HashKey”), a leading end-to-end digital asset financial services group in Asia Pacific, has secured a Virtual Asset Service Provider (VASP) license from Dubai Virtual Assets Regulatory Authority (VARA). The license was granted to HashKey MENA FZE, the operating entity of HashKey Global MENA, marking the official launch of the company in the United Arab Emirates (UAE). With this license, HashKey Global MENA is authorized to provide both Virtual Asset Exchange Services and Virtual Asset Broker-Dealer Services within, and originating from, the Emirate of Dubai.
Securing the VASP license represents a significant milestone in HashKey’s market expansion strategy into the region. As the UAE continues to establish itself as the premier hub for digital assets in the Middle East, HashKey Global MENA will cater to consumers and enterprises seeking trusted, compliant access to virtual asset services.
To meet the growing institutional needs, the company will introduce a suite of products and services distinguished by several best in class features:
- USD and AED Deposits & Withdrawals: Offers fiat on and off-ramp, allowing users to directly transfer USD from their bank account to HashKey Global MENA’s fiat wallet. As a strategic partner, Standard Chartered provides fiat currency deposit and withdrawal services for the platform. Powered by the bank’s industry-leading (on & off)-ramp solution, the platform offers users a reliable, and highly efficient fiat deposit and withdrawal experience.
- OTC Services: HashKey Global MENA OTC delivers regulated block trading with competitive all-inclusive pricing, ensuring transparent quotes and zero hidden fees for market-leading rates. Large orders benefit from instant execution, eliminating slippage risks, while flexible settlement options cater to institutional and HNWI liquidity needs.
- Major Top 10 Tokens Available For OTC: Access top-tier cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH), alongside stablecoins (USDT, USDC), available through OTC services through on and off ramps using USD and AED. BTC and ETH remain the most sought-after tokens, offering trusted liquidity and alignment with institutional demand. All assets are custodied on a VARA-licensed platform with institutional-grade safeguards.
“As a licensed platform, HashKey Global MENA embraces institutional needs by offering a regulated gateway for fiat-crypto transactions, backed by institutional-grade safeguards and strategic partnerships like Standard Chartered. Our regional expansion ambitions, with a strategic focus on the GCC, are rooted in empowering MENA’s institutions and HNWIs with seamless, cost-efficient access to global crypto markets, reinforcing the UAE’s position as a hub for blockchain innovation while prioritizing compliance and client protection at every step,” said Sherif Sanad, Country Manager, HashKey Global MENA.
The UAE has firmly established itself as the third-largest crypto economy in the MENA region. To meet the needs of this rapidly expanding market, HashKey Global MENA will deliver not just virtual asset trading services, but will continue to evolve and develop innovative digital asset products, designed and delivered within VARA’s robust regulatory and compliance framework.
“At HashKey, we believe innovation in crypto shouldn’t come at the cost of compliance. In fact, the industry’s future depends on building boldly—while staying within clear, trusted regulatory frameworks. That’s why we’re committed to working closely with regulators around the world to deliver reliable digital asset products and services on a global scale,” said Sherif Sanad, Country Manager, HashKey Global MENA.
HashKey Group already holds digital asset-related licenses from regulators in Hong Kong, Singapore, Japan, and Bermuda, as well as VASP registration in Ireland. As part of its ongoing commitment to building a world-class regulatory footprint, the company is also actively pursuing a Markets in Crypto-Assets (MiCA) license in the European Union. The HashKey Global MENA exchange will be live starting from May 19th.
About HashKey Global MENA
HashKey Global MENA is the exchange business under HashKey Group, offering licensed crypto asset trading services to users worldwide. HashKey MENA FZE (VL/18/03/002), the operating entity of HashKey Global MENA, is licensed by the Dubai Virtual Assets Regulatory Authority (VARA) as a Virtual Asset Service Provider. Certain services, features, and campaigns may not be available in your jurisdiction.
Disclaimer: https://group.hashkey.com/disclaimer-group/blank-1
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Blockchain Press Releases
Bybit and Ghaf Labs Announce Strategic Partnership to Accelerate Web3 Adoption in the Middle East
DUBAI, UAE, May 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, and Ghaf Labs, a MENA-based Web3 boutique advisory and consultancy firm, have signed a Memorandum of Understanding (MOU) to enter a multi-year strategic partnership. The alliance aims to drive crypto adoption, ecosystem development, and real-world utility across the Middle East and North Africa (MENA).
This partnership underscores a shared mission to position the region as a global Web3 hub by enabling innovation, supporting regulatory clarity, and fostering meaningful use cases that integrate blockchain into daily life.
Ecosystem Growth and Startup Acceleration
Ghaf Labs, backed by Ghaf Capital Partners—Dubai’s pioneering blockchain-focused private capital firm—offers tailored advisory and incubation services to Web3 ventures across MENA. With its strong regional network and regulatory insight, Ghaf Labs plays a key role in scaling blockchain projects in one of the fastest-growing digital economies.
Together, Bybit and Ghaf Labs will provide equity-free grants, startup support, and access to strategic resources for ventures exploring blockchain, AI, and sustainability—sectors central to the region’s digital transformation.
“Our partnership with Ghaf Labs is rooted in a shared vision for the MENA region — one where crypto isn’t just adopted, but lived,” said Helen Liu, COO and Partner of Bybit. “From developer tooling to lifestyle integration, we’re building the bridges that bring crypto into everyday life.”
Investing in Talent and Community
The collaboration will also launch a series of education initiatives designed to nurture local Web3 talent. These include university partnerships, bootcamps, and developer hackathons, all aimed at empowering the next generation of blockchain builders.
Additionally, both parties will co-develop educational content to improve Web3 literacy across Arabic- and English-speaking communities in the region.
“This partnership with Bybit reflects our shared commitment to advancing Web3 infrastructure, education, and institutional engagement across the MENA region. Together, we aim to accelerate innovation and continue to position the UAE as a global hub for digital assets.”
— Feras Al Sadek, Co-Founder and Managing Partner at Ghaf Labs
Lifestyle, Payments, and Cultural Impact
Beyond development, the partnership highlights the real-world utility of crypto through lifestyle applications like the Bybit Card. This product connects digital assets with premium experiences, including exclusive access through partners such as Grand Millennium Hotels in Dubai—demonstrating the role of crypto in elevating travel, luxury, and everyday spending.
The alliance will also elevate the regional event scene, co-branding marquee events like The Crypto Polo Cup and Crypto Fight Night. These gatherings merge luxury, sport, and Web3 culture to amplify awareness and engagement.
With this MOU in place, Bybit and Ghaf Labs will jointly explore innovation funding, institutional integration, and blockchain-powered use cases across finance, hospitality, education, and beyond—contributing to a resilient Web3 infrastructure in MENA.
This strategic collaboration reinforces the UAE’s status as a forward-thinking jurisdiction and reflects Bybit’s long-term investment in the region’s digital future.
#Bybit / #TheCryptoArk
About Ghaf Labs
Ghaf Labs is a boutique consultancy and advisory firm that specializes in web3 ventures, which are projects that use blockchain and decentralized technologies to create a more open, fair, and secure internet. Ghaf Labs helps web3 ventures expand their presence and adoption in the Middle East and North Africa (MENA) region, by providing them with market insights, strategic partnerships, regulatory guidance, and community building.
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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: [email protected]
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