Blockchain Press Releases
TraceGains Reports Remarkable Q2 Performance with Strong Revenue Bookings Growth
Leading Supply Chain Solutions Provider Surges Ahead Despite the Challenging Global Economy
WESTMINSTER, Colo., Aug. 17, 2023 /PRNewswire/ — TraceGains, the world’s only networked ingredients marketplace, today announced an impressive 24% YoY increase in revenue bookings for Q2. The increase represents a 7% quarterly growth over the company’s record-breaking Q1 performance, fueled by customer demand for the TraceGains Gather™ solution and value it delivers during all economic conditions.
“With support of strong lead generation and pipeline building, our Sales team has delivered exceptional 2023 results, inspiring the company and growing both revenue and participation within our networked ingredients marketplace,” said Gary Iles, Senior Vice President of Marketing & Business Development. “We’re pleased to welcome over 40 customers this quarter, including Double Good, Dr. Praeger’s Sensible Foods, John Soules Foods, and Wild Alaskan.”
The company’s global expansion into Canada and European markets, coupled with the launch of new products, opened TraceGains’ addressable market to small and medium sized businesses. With a 16-year history of solving challenges for mid-market and the world’s largest supply chain buyers and suppliers, TraceGains has helped buyers and suppliers during weak and strong economies.
Now, TraceGains has introduced new cost effective delivery options for the SMB market. The TraceGains Gather™ Supplier Management Pro solution offers enterprise-grade solutions at price points smaller food and CPG companies can afford. Available to any sized business, TraceGains has created a new free entry into their marketplace network, permitting access to an extensive database comprising more than 64,000 supplier locations and more than 466,000 items and ingredients.
John Thorpe, Principal Product Manager leading TraceGains Gather™, emphasized the importance of inclusivity: “We believe that smaller companies deserve the same speed, market reach, and digital efficiency as larger enterprises, but at pricing that accommodates their lower operating volumes. Our game-changing solution allows any sized company to begin with a free option and gradually expand into value added services as they grow and require advanced capabilities.”
At no cost to users, TraceGains Gather™ presents a revolutionary networked ingredient marketplace, seamlessly connecting buyers, suppliers, and co-manufacturers along with their detailed ingredient data on an unprecedented scale. This platform drives collaboration and efficiency across the food and beverage industry, opening new avenues for growth and innovation while significantly mitigating inherent supply chain risks around compliance, formulation, and responsible sourcing.
Gary Iles, Senior Vice President of Marketing and Business Development at TraceGains, expressed his excitement for the future: “With our current product line and the upcoming Q3 launches, I’m delighted with our unique global market positioning. TraceGains remains committed to revolutionizing the food and beverage industry by consulting with customers to design go-to products that solve their problems. Markets have responded favorably, our monthly pipeline has tripled, and Sales is accessing new markets and achieving record quarterly performance.”
TraceGains’ outstanding Q2 performance validates its position as a category pioneer and leading networked ingredients marketplace for companies that want to successfully navigate supply chain and global economic challenges.
About TraceGains
TraceGains, the world’s only networked ingredients marketplace, connects the global consumer goods supply chain through its innovative TraceGains Gather™ platform. Enterprises and suppliers can easily collaborate to exchange critical information, data, and documents and work together to solve today’s unprecedented supply chain challenges. Information about ingredients and supply chain partners applies to a company’s unique supply chains using artificial intelligence and automation. Our patented PostOnce™ technology allows authorized stakeholders to share and receive vital information, precisely when, where, and how they need to operate efficiently and remain competitive. Through the power of a global network, supply chain agility is achievable. To learn more, visit www.tracegains.com.
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DUBAI, UAE, Feb. 6, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has successfully registered with FIU-IND, reinforcing its commitment to regulatory compliance in India. As part of this process, Bybit has settled the monetary fine and diligently addressed and resolved prior regulatory matters, further demonstrating its dedication to transparency and the highest standards in the Indian market.
Bybit is committed to operating within the regulatory framework of India and takes its compliance obligations seriously. We have been working diligently with the FIU-IND to address their concerns and ensure full adherence to the Prevention of Money Laundering Act (“PMLA”) and associated regulations. We recognize the importance of robust Anti-Money Laundering (“AML”) and Combating the Financing of Terrorism (“CFT”) measures and are dedicated to upholding the highest standards in these areas.
We believe that our engagement and cooperation throughout the FIU-IND registration process demonstrates our commitment to compliance. We have been actively working to fulfill all necessary requirements for compliance, including its registration application on 26 June 2024 as a Virtual Digital Asset Service Provider (“VDASP”) in India.
Bybit is also proactively involved in the Indian crypto community to educate users and spread awareness. Bybit is currently a Silver Associate Member with the Bharat Web3 Association (“BWA”) . Through this partnership, we hope to use our platform to promote Web3 adoption and foster innovation in the Indian crypto ecosystem.
Bybit’s not-for-profit initiative Blockchain for Good Alliance (“BGA”) has partnered with blockchain societies of top universities like Blockchain Society of IIT Delhi and Blockchain Society of IIT Kharagpur to drive crypto education in India. Bybit will also be conducting a series of hackathons, workshops, and other events in partnership with top universities to foster crypto and blockchain education and awareness within the Indian market in the coming months.
Bybit recognizes the great potential of the Indian market, and is committed to offering the best services and products to all Indian users, including Spot, Derivatives, Options, Bybit Earn, and more.
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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Blockchain Press Releases
TON and Mantle Set to Reveal 2025 Infrastructure Investments & Incubation Roadmap on Bybit Web3 Livestream
DUBAI, UAE, Feb. 6, 2025 /PRNewswire/ — Bybit Web3 , the Web3 division of Bybit, is thrilled to announce the upcoming livestream event TON x Mantle in 2025: What’s Next After a Breakout Year? Set for February 7, 2025, at 8 AM UTC, this virtual gathering will spotlight the next phase of cross-chain innovation, emerging Web3 trends, and the strategic collaboration between Bybit and the TON Accelerator.
As Web3 gears up for a new bull run, the event will bring together key industry leaders to reflect on 2024’s major milestones and unveil their strategic vision for the year ahead. The discussion will highlight how cross-chain synergy, TON ecosystem growth, and developer acceleration are shaping the future of decentralized finance and blockchain adoption.
Unveiling Cross-Chain Synergy: Key Discussion Points
This livestream aligns with Bybit’s partnership with the TON Accelerator, which was announced in December 2024, and aims to support Web3 developers and startups in the Synergy Cohort. It will explore the way TON and Mantle ecosystems are going into the 2025 bull run.
Attendees will gain valuable insights on:
- Cross-Chain Synergy: How TON and Mantle are driving interoperability and unlocking new business opportunities.
- TON Accelerator’s Impact: A showcase of top projects from the inaugural Synergy Cohort, with insights into their journey and upcoming milestones.
- Web3 Liquidity & Investment Trends: Identifying the most promising DeFi and blockchain investment opportunities for 2025.
- Beyond Tap-to-Earn: Strategic insights for sustainable growth and scalability in blockchain gaming and Web3 applications.
Spotlight on Expert Panelists
The event boasts a powerhouse lineup of speakers, including:
- Shadie Berro, Social Media Lead at Bybit & Host
- Alena Shmalko, Ecosystem Lead at TON Foundation
- Inal Kardan, Partner at TON Ventures
- Sophia Rusconi, Head of Acceleration at TON Accelerator
- Sami Al-Abed, Head of DeFi at TON Accelerator
- Zuki, Head of growth at FBTC, representing Mantle
Each panelist will share unique insights into TON’s evolving ecosystem, emerging narratives, and the role of cross-chain collaboration in accelerating Web3 adoption. They will dive into “Cross-Chain Synergy: Building the Future of Adoption – TON & 1B Telegram Users + Mantle & EVM Liquidity” and explore the latest developments, emerging trends, and what’s next in the TON and Mantle ecosystems.
Exclusive Livestream Rewards
Viewers will have the chance to win exclusive rewards, including:
– Trade-to-Win Red Packet Giveaway
– New User Exclusive Offers
Eligible participants can claim bonuses and prizes directly through their Bybit accounts. Full terms and conditions are available on the Bybit platform.
This livestream marks another key milestone in Bybit’s mission to foster innovation, education, and collaboration in the blockchain space. As Bybit continues to empower Web3 builders, this event offers a front-row seat to the future of decentralized technology and cross-chain synergy.
#Bybit / #TheCryptoArk / #BybitWeb3
About Bybit Web3
Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.
Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.
Join the revolution now and open the door to your Web3 future with Bybit.
For more details about Bybit Web3, please visit Bybit Web3.
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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Blockchain Press Releases
Vantage Markets Partners with Scuderia Ferrari HP for a Multi-Year Sponsorship
SYDNEY, Feb. 6, 2025 /PRNewswire/ — Vantage Markets, a leading global multi-asset trading platform, is thrilled to announce its partnership with Ferrari, one of the most iconic teams in motorsport. This collaboration, commenced on January 13, 2025, will see Vantage become an Official Partner of the Scuderia Ferrari HP F1 team, marking a significant milestone for both brands in their pursuit of excellence.
As Official Partner, Vantage will be featured within Ferrari’s Formula 1 ecosystem and across Ferrari platforms, as part of a bond that embodies shared values of pursuing excellence and innovation.
Marc Despallieres, Chief Executive Officer at Vantage, expressed his enthusiasm:
“Partnering with Ferrari is an exciting milestone for Vantage. Ferrari’s legacy of speed and innovation mirrors our own commitment to empowering traders with cutting-edge tools and exceptional performance. Together, we aim to inspire our global community with the perfect blend of motorsport and trading expertise.”
Lorenzo Giorgetti, Chief Racing Revenues Officer at Scuderia Ferrari HP: “We are pleased to welcome Vantage Markets as an official partner of Scuderia Ferrari HP. This collaboration is built on shared values of innovation, precision, and performance—core principles that drive both our team in Formula 1 and Vantage in the world of trading. We look forward to working together to engage our global audiences in exciting new ways.”
With this exciting venture, Vantage Markets is poised to reward its users with exceptional experiences while joining motorsport enthusiasts worldwide in supporting Scuderia Ferrari HP.
For more information about this exciting partnership and what’s ahead, visit the website.
About Vantage
Vantage Markets (or Vantage) is a multi-asset broker offering clients access to a nimble and powerful service for trading Forex and Contracts for Difference (CFDs) products on, Commodities, Indices, Shares, ETFs, and Bonds.
With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
trade smarter @vantage
Vantage Global Prime Pty Ltd (ACN 157 768 566), located at 12/15 Castlereagh Street, Sydney, NSW, Australia, 2000, and is authorised and regulated by the Australian Securities & Investments Commission (ASIC) AFSL no. 428901.
Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment. When acquiring our derivative products, you have no entitlement, right or obligation to the underlying financial assets. Past performance is no indication of future performance and tax laws are subject to change. The information on this website is general in nature and doesn’t take into account your personal objectives, financial circumstances, or needs. Accordingly, before acting on the advice, you should consider whether the advice is suitable for you having regard to your objectives, financial situation and needs. We encourage you to seek independent advice if necessary.
You should consider whether you’re part of our target market by reviewing our Target Market Determination (TMD), reading our Product Disclosure Statement (PDS), and other legal documents to ensure you fully understand the risks before you make any trading decisions. We encourage you to seek independent advice if necessary.
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