Blockchain Press Releases
Rönesans Holding Spearheads Construction of 286km Electric Railway in Southern Turkiye, Boosting UK-Turkiye Export and Sustainable Transportation
ISTANBUL, Aug. 16, 2023 /PRNewswire/ — Rönesans Holding announces its commitment to the construction of a transformative 286km electric railway network in southern Turkiye, connecting major cities through a high-speed, low-carbon route. This landmark project, authorised by the Turkish Ministry of Transport, will not only bolster international relations and the volume of export between Turkiye and the UK but also contribute significantly to the region’s economic growth and environmental sustainability.
Operating at speeds of up to 200 km/h, this high-speed rail link will reduce travel time from Gaziantep to Mersin from six hours to two hours – the second largest container port in Turkiye and a thriving city of over one million people – by four hours, with the improved transportation connectivity expected to generate a significant economic boost to the area.
With a presence in over 30 countries and a successful track record of delivering more than €40bn of complex and large-scale infrastructure projects worldwide, with over 70% of its revenues generated from international business outside Turkiye, Rönesans Holding brings a wealth of expertise and experience to this ambitious railway endeavour. The project is the latest in the company’s long history of successful strategic partnerships from all around the world, having worked with partners and shareholders including Government of Singapore Investment Corporation (GIC), Meridiam, a Paris-based infrastructure fund, Japanese trading house Sojitz Corporation, and International Finance Corporation (IFC), of the World Bank Group which is a shareholder in Rönesans, and Samsung CT, among others.
Leveraging its global network of over 30,000 professionals, the company is well-positioned to implement the cutting-edge solutions and innovative technologies needed to construct and operate a high-speed electrified railway in an area known to experience seismic activity.
Dr. Erman Ilıcak, President of Rönesans Holding, expressed his enthusiasm for the project, stating, “This railway line is a hugely exciting development for southern Turkiye and will also see Rönesans strengthen its relationships with key UK suppliers. We are delighted to be appointed to the project, and to work together with such prolific UK businesses to bring this high-speed electrified railway to life. This truly collaborative project will not only enhance our relationship with UK exporters, it will also revolutionise rail links in Turkiye, significantly enhancing the region’s industrial connectivity and trade while actively reducing negative environmental impact.”
The financing for this project has been supported by the UK government’s export credit agency, UK Export Finance (UKEF), which has underwritten €781m of funding (equivalent to £680m) of the €923 million total project financing. The loan was provided by a number of global financial institutions, including JP Morgan, ING, and BNP Paribas. This pan-European deal also includes involvement from Italian and Austrian export credit agencies, SACE and OeKB, who will be providing the necessary reinsurance to secure the project for Turkish rail infrastructure.
UKEF’s support for the railway project opens new multimillion-pound export contract opportunities for collaboration between UK suppliers and Rönesans Group. Discussions are already underway to negotiate contracts for essential components, including signalling equipment, ESG consultancy services, and mechanical components. The project’s success is aligned with the growth in national production and construction outputs experienced this year, promising even greater prospects for UK exporters.
This ambitious railway project will play a crucial role in Turkiye’s efforts to achieve its environmental goals and increase high-speed railway coverage in the country to 10,000km. Spanning a distance greater than that between Cardiff and London, the railway will enable faster and more efficient travel, benefitting regional infrastructure and growth. It will also establish strategic connections with airports, ports, and industrial zones in the hinterlands, including many major cities like Adana and Gaziantep, as well as larger cities in Southeastern Anatolia such as Hatay, Diyarbakır, and Şanlıurfa, and also Central Anatolia.
The electric railway will replace the current diesel locomotive-operated railway, providing a lower-carbon and more sustainable alternative between Mersin and Gaziantep. Project forecasts indicate that the completed route will save an impressive 157,000 tonnes in CO2e emissions in its first year alone. By reducing travel time and increasing the usage of railways, it will alleviate traffic congestion and accidents on highways, while promoting a much more sustainable transportation system by reducing carbon emissions.
The project also plays a significant part in the wider reconstruction efforts following the devastating twin earthquakes that struck Turkiye in February 2023. By contributing to the rebuilding of Gaziantep, Osmaniye, and other areas severely impacted by the disaster, the railway will aid in the region’s recovery and growth. Under the leadership of Dr. Erman Ilıcak, the President, and İpek Ilıcak Kayaalp, the Chairperson of the Board of Directors, this is of particular importance to Rönesans, who played a key role in the disaster relief efforts, and remain committed to the cause collaborating with UNICEF and UNFPA on active projects to aid the areas and people affected.
Rönesans Holding is dedicated to fostering sustainable and innovative transportation solutions, and this high-speed electrified railway is a testament to its commitment to environmental stewardship and economic progress.
About Rönesans Holding
Rönesans Holding, headquartered in Ankara, is the 24th largest international contracting company globally and the 8th largest in Europe with international operations in 30 countries across Europe, Central Asia, the Middle East and Africa – including Ballast Nedam in the Netherlands and Heitkamp in Germany, Rönesans has been operating as the main contractor and investor successfully for 30 years across construction, real estate development, energy, healthcare and industrial facilities. Putting resilience and growth through innovation at the core of the company, with a priority on sustainability and social development, Rönesans has developed projects supporting students with scholarships, academic platforms and initiatives; been a signatory of the UN Global Compact since 2015; and a signatory of the UN Women’s Empowerment Principles since 2016.
Along with its partners GIC, Meridiam Infrastructure, Sojitz, Samsung, and IFC, of the World Bank Group (minority shareholder in the group), Rönesans has invested more than EUR7 billion into pioneering projects in Türkiye.
Ceren Yüksel, +905382540053, [email protected]
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Blockchain Press Releases
MEXC Announces the Listing of Balance (EPT) with 6,000,000 EPT and 50,000 USDT in Rewards
VICTORIA, Seychelles, April 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced that it will list Balance (EPT) on April 21, 2025 (UTC). To celebrate the listing, the platform has launched a series of events featuring a total reward of 6,000,000 EPT and 50,000 USDT for users.
Balance is an innovative Web3 platform that integrates AI and blockchain technologies to create immersive digital interaction experiences. Developed by the team behind E-PAL, the world’s largest game companion platform. Balance offers services such as Human Epal, AI Epal, AI-Driven Battle Report System, and more. These features effectively address key challenges in blockchain gaming, including security, scalability, and development efficiency.
$EPT is the native utility token of the Balance ecosystem, with a total supply of 10 billion tokens. It functions as the core medium powering payments, governance participation, and on-chain transactions across the platform, forming a highly synergistic and sustainable internal economy.
In celebration of the Balance (EPT) listing, MEXC is launching a series of events to offer users exclusive opportunities to earn generous rewards.
The key details are as follows:
- Event 1: EPT Launchpool – Stake USDT, MX and EPT to Share 4,800,000 EPT
Event Period: April 21, 2025, 12:00 – April 24, 2025, 10:00 (UTC)
Users can stake USDT, MX, or EPT to earn valuable rewards through MEXC’s EPT Launchpool. - Event 2: Join Airdrop+ to Share 1,200,000 EPT & 50,000 USDT Bonus
Event Period: April 21, 2025, 12:00 – May 1, 2025, 10:00 (UTC)
Benefit 1: Deposit and share 960,000 EPT (New user exclusive)
Benefit 2: Futures Challenge — Trade to share 50,000 USDT in Futures bonus (For all users)
Benefit 3: Invite new users and share 240,000 EPT (For all users) - Event 3: Spread the Word & Win
Event Period: April 21, 2025, 10:00 – April 27, 2025, 23:59 (UTC)
Users who share the EPT events on social media during the event period can win extra rewards.
As a global exchange, MEXC drives innovation across emerging sectors such as Web3 gaming, AI, and DePIN by offering deep liquidity, streamlined market access, and performance-based incentive programs. The listing of EPT opens new investment avenues in the rapidly evolving AI-driven gaming space.
MEXC has established itself as a leading exchange by consistently offering users early access to high-potential crypto assets. In 2024 alone, the platform listed 2,376 new tokens, including 1,716 initial listings. According to the latest TokenInsight report, MEXC led the industry with 461 spot listings between November 1, 2024, and February 15, 2025. During this period, the exchange maintained a high listing frequency, consistently ranking among the top six platforms, demonstrating its agility in capturing emerging market trends. Looking ahead, MEXC remains committed to expanding its asset offerings and helping users seize timely opportunities in the fast-moving crypto market.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 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
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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Blockchain Press Releases
Bybit’s CEO Meets with Vietnam’s Minister of Finance to Support Regulatory Sandbox and Strengthen Crypto Compliance
DUBAI, UAE, April 19, 2025 /PRNewswire/ — Ben Zhou, Co-founder and CEO of Bybit, one of the world’s second-largest cryptocurrency exchanges by trading volume, met with H.E. Nguyen Van Thang, Minister of Finance of Vietnam, to express Bybit’s strong support for the country’s regulatory sandbox initiative and its vision to build a safe, transparent, and innovation-friendly digital asset ecosystem.
Hosted at the Ministry of Finance headquarters, the meeting centered on Vietnam’s efforts to establish a comprehensive legal framework for crypto assets. Minister Nguyen Van Thang outlined the Government’s plan to launch a pilot sandbox mechanism that will allow regulators to test the issuance and trading of crypto assets in a controlled environment. This initiative is designed to mitigate risks, strengthen investor protection, and ensure regulatory readiness before introducing official legislation.
A key part of the discussion focused on safeguarding the market against illicit activities. The Minister emphasized the importance of robust compliance frameworks, including Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols, to prevent the misuse of digital assets and support the country’s financial security.
In response, Ben Zhou welcomed Vietnam’s measured and responsible approach to digital asset regulation and reiterated Bybit’s long-standing commitment to compliance:
“Vietnam’s forward-thinking regulatory sandbox is a critical step toward unlocking the full potential of blockchain technology. At Bybit, we are fully aligned with the Government’s focus on investor protection and financial integrity,” said Ben Zhou, Co-founder and CEO of Bybit. “We are proud to share our expertise in KYC, AML, and global compliance standards, and we look forward to supporting Vietnam in building a resilient, secure, and dynamic crypto economy.”
Bybit expressed its readiness to collaborate with Vietnamese authorities on several fronts, including system architecture design, transaction oversight, and the implementation of international best practices in AML/KYC. The exchange also proposed support in capacity building, such as training financial regulators and sharing experiences from other jurisdictions.
Minister Nguyen Van Thang welcomed Bybit’s proactive approach and assigned the State Securities Commission to coordinate with Bybit on concrete proposals. He also commended Bybit’s reputation for strong financial capabilities, technological resilience, and its adherence to legal and regulatory requirements in the markets where it operates.
This meeting underscores Bybit’s growing role as a trusted international partner for regulatory dialogue and innovation. It also highlights Vietnam’s readiness to embrace blockchain technology while ensuring financial safety and public confidence in the digital asset space.
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: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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DUBAI, UAE, April 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is making waves with its latest trading showdown: Crypto Surf: Ride the Waves with Trailing Stops. This high-octane competition invites traders to rally behind either copy trading or trading bots, battling it out for their share of a prize pool worth up to $250,000 in USDT.
Running from April 18 to May 19, 2025, at 12 a.m. UTC, the event introduces a squad-based structure where users choose their camp, trade strategically, and compete across PnL, ROI and trading volume leaderboards. With a dynamic reward structure, participants can also win by predicting which squad will come out on top.
Prize Pool Distribution Highlights:
- 40% to the champion squad
- 30% to the runner-up
- 25% to the top 100 individual traders by volume
- 5% to users who correctly predict the winning squad
The event brings together the best of both worlds: the strategic finesse of copy trading and the automated power of trading bots. It celebrates innovation, user choice, and the thrill of crypto trading.
Participants must hold a minimum wallet balance of $1,000 in USDT, generate at least $10,000 in squad volume, and complete identity verification Level 1 to qualify. Users can only register for one squad and vote once to predict the winner. Rewards will be distributed within 14 business days of the event’s completion.
The total prize pool will scale in line with event volume milestones, starting at $1.2 billion and unlocking up to $2 billion in traded volume for the full $250,000 in USDT.
Bybit continues to redefine the competitive trading landscape – bringing fun, strategy and serious rewards to its global community.
#Bybit / #TheCryptoArk
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: [email protected]
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
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