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Blockchain Press Releases

INEOS QUATTRO FINANCE 2 PLC ANNOUNCES CASH TENDER OFFER FOR ANY AND ALL OF ITS 3 3/8% SENIOR SECURED NOTES DUE 2026

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LONDON, Oct. 30, 2023 /PRNewswire/ — INEOS Quattro Finance 2 Plc (the “Offeror“), a company incorporated under the laws of England and Wales, announces today an offer to purchase any and all of its outstanding U.S.$500,000,000 33/8% Senior Secured Notes due 2026 (the “Securities“), issued by the Offeror and guaranteed by INEOS Quattro Holdings Limited (“IQHL“), a company incorporated under the laws of England and Wales and certain of its subsidiaries, for cash (the “Offer“). The terms and conditions of the Offer are described in an offer to purchase dated October 30, 2023 (the “Offer to Purchase“). Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Offer to Purchase.

Holders are advised to read carefully the Offer to Purchase for full details of, and information on the procedures for participating in, the Offer.

The following table sets forth certain information relating to pricing for the Offer.

 

Title of Security

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ISIN

CUSIP

Principal Amount
Outstanding

 

 

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Maturity Date

Purchase Price per
U.S.$1,000

 

 

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Amount subject to
the Offer

33/8% Senior Secured Notes due 2026

US45674GAA22 /

USG4772GAA34

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45674G AA2 / G4772G AA3

U.S.$500,000,000(1)

January 15, 2026

U.S.$950

Any and all

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Note:
(1) The Offeror has discussed the Offer with certain of the Offeror’s ultimate shareholders and entities controlled by one or more of them (“Permitted Holders“), who collectively hold approximately U.S.$30,000,000 in aggregate principal amount of the Securities. Such Permitted Holders have informed the Offeror of their intention to tender some or all of their Securities for purchase pursuant to the Offer.

 

Purpose of the Offer

The purpose of the Offer is, amongst other things, to proactively manage the Offeror’s expected maturity profile. The Offer also provides Holders with the opportunity to sell their current holdings in the Securities, as more fully described in the Offer to Purchase.

The Offer

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The Offeror will pay a Purchase Price per U.S.$1,000 principal amount of Securities validly tendered and not validly withdrawn prior to the Expiration Deadline (including those validly tendered in accordance with the Guaranteed Delivery Procedures) equal to U.S.$950. In addition, the Offeror will pay accrued and unpaid interest on the Securities purchased pursuant to the Offer from (and including) the immediately preceding interest payment date, and up to (but excluding), the Settlement Date (“Accrued Interest“).

The Purchase Price and the Accrued Interest for the Securities validly tendered (and not validly withdrawn) in the Offer will be paid on the Settlement Date (subject to the right of the Offeror to extend the Expiration Deadline and delay the acceptance of Tender Instructions as set out in the Offer to Purchase). If a Holder tenders less than the full amount of its holding of Securities, Tender Instructions must be submitted in respect of a principal amount of Securities so that the principal amount of any Securities held by such Holder after tendering is no less than the Minimum Denomination or an integral multiple of U.S.$1,000 above such Minimum Denomination. The “Minimum Denomination” is U.S.$200,000.

The Offer is not conditioned on any minimum amount of Securities being tendered. The Offeror’s obligation to accept and pay for Securities in the Offer is, however, subject to the satisfaction or waiver of the General Conditions and the condition that the Offeror and/or subsidiaries of IQHL shall have completed the New Debt Financing on terms satisfactory to the Offeror in its sole discretion, with aggregate net proceeds of at least €2,800,000,000 (equivalent) (the “Financing Condition“).

Announcements in connection with the Offer will be made by issuing a press release to a widely disseminated news or wire service. Copies of all such announcements, press releases and notices will also be available from the Tender & Information Agent. All documentation relating to the Offer, together with any updates, will also be available on the Offer Website https://deals.is.kroll.com/ineosquattrousd operated by the Tender & Information Agent for the purpose of the Offer.

A tender of Securities for purchase pursuant to the Offer should be made by the submission of a valid Tender Instruction. If any Holder wishes to tender its Securities but such Holder cannot comply with the procedures for the submission of a valid Tender Instruction prior to the Expiration Deadline, such Holder may tender its Securities according to the Guaranteed Delivery Procedures, as set out in the Offer to Purchase.

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Securities purchased by the Offeror pursuant to the Offer are expected to be immediately canceled. Securities that have not been validly tendered and/or accepted for purchase, or which have been tendered and validly withdrawn, pursuant to the Offer will remain outstanding after the Settlement Date.

INDICATIVE TIMETABLE

This is an indicative timetable showing one possible outcome for the timing of the Offer based on the dates in the Offer to Purchase. This timetable is subject to change and dates and times may be extended, re-opened or amended by the Offeror in accordance with the terms of the Offer as described in the Offer to Purchase. Accordingly, the actual timetable may differ from the timetable below.

 

Date and Time

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October 30, 2023………………………

Commencement of the Offer

Offer to Purchase available from the Tender & Information Agent and on the Offer Website.

Offer announced through a press release to a recognized financial news service in the manner described under Terms and Conditions of the Offer—Announcements” in the Offer to Purchase.

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November 8, 2023, 5:00 p.m. (New York City time)……………………………………….

Expiration Deadline

The last time and date for Holders to submit Tender Instructions (or, where applicable, Notices of Guaranteed Delivery) in order to be able to participate in the Offer and to be eligible to receive the Purchase Price and Accrued Interest on the Settlement Date.

November 8, 2023, 5:00 p.m. (New York City time)……………………………………….

Withdrawal Deadline

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Deadline for Holders to properly withdraw tenders of their Securities (or, where applicable, Notices of Guaranteed Delivery). If a tender of Securities (or, where applicable, a Notice of Guaranteed Delivery) is properly withdrawn, the Holder will not receive any consideration on the Settlement Date (unless that Holder validly re-tenders such Securities at or prior to the Expiration Deadline and the Securities are accepted by the Offeror).

November 9, 2023…………………….

Announcement of Results of the Offer

The Offeror expects to announce the aggregate principal amount of Securities to be accepted for purchase pursuant to the Offer (assuming that Securities tendered in accordance with the Guaranteed Delivery Procedures are validly delivered by the Guaranteed Delivery Deadline).

November 13, 2023, 5:00 p.m. (New York City time)……………………………………….

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Guaranteed Delivery Deadline

The last time and date for Holders to validly deliver Securities in respect of which a Notice of Guaranteed Delivery was delivered at or prior to the Expiration Deadline.

Expected to be November 14, 2023……………………………………….

Settlement Date

Settlement Date for Securities validly tendered and accepted for purchase by the Offeror (including pursuant to the Guaranteed Delivery Procedures). Payment of the Purchase Price and any Accrued Interest in respect of any such Securities.

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Subject to applicable securities laws and the terms set within the Offer to Purchase, the Offeror reserves the right, with respect to the Offer made by it, (i) to waive or modify in whole or in part any and all conditions to the Offer, (ii) to extend the Withdrawal Deadline and/or the Expiration Deadline, (iii) to modify or terminate the Offer or (iv) to otherwise amend the Offer in any respect. In the event that the Offer is terminated or otherwise not completed, the Purchase Price relating to the Securities subject to the Offer will not be paid or become payable, without regard to whether Holders have validly tendered their Securities (in which case such tendered Securities will be promptly returned to the Holders).

Holders are advised to check with any bank, securities broker or other intermediary through which they hold Securities when such intermediary would require to receive instructions from a Holder in order for that Holder to be able to participate in, or to validly withdraw their instruction to participate in, the Offer before the deadlines specified above. 

FURTHER INFORMATION

Holders of Securities may access the Offer to Purchase and the form of Notice of Guaranteed Delivery at https://deals.is.kroll.com/ineosquattrousd.

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This announcement is released by INEOS Quattro Finance 2 Plc and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of MAR, encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055 (including as it forms part of United Kingdom domestic law by virtue of the European Union (Withdrawal) Act 2018 (as amended), this announcement is made by Dirk Arhelger, Head of Investor Relations at INEOS Quattro Finance 2 Plc.

Questions and requests for assistance in connection with the Offer may be directed to Goldman Sachs International, HSBC Bank plc or ING Bank N.V., London Branch:

Goldman Sachs International
Plumtree Court
25 Shoe Lane
London EC4A 4AU
United Kingdom
Telephone: +44 20 7774 4836
Attention: Liability Management Group
Email: liabilitymanagement.eu@gs.com

HSBC Bank plc
8 Canada Square
London, E14 5HQ
United Kingdom
Europe: +44 (0) 20 7992 6237
U.S. Toll-Free: +1 (888) HSBC-4LM
U.S.: +1 (212) 525-5552 
Email: [email protected] 
Attention: Liability Management, DCM

ING Bank N.V., London Branch
8-10 Moorgate
London EC2R 6DA
United Kingdom
Telephone: +44 20 7767 6784
Email: [email protected]
Attention: Liability Management Group

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BNP Paribas
Citigroup Global Markets Limited 
J.P. Morgan Securities LLC

Questions and requests for assistance in connection with the tender of Securities including requests for a copy of the Offer to Purchase may be directed to:

TENDER & INFORMATION AGENT
Kroll Issuer Services Limited
The Shard, 32 London Bridge Street
London SE1 9SG
United Kingdom
Tel: +44 20 7704 0880
Attention: Owen Morris / Alessandro Zorza
E-mail: [email protected] 
Offer Website: https://deals.is.kroll.com/ineosquattrousd 

NOTICE AND DISCLAIMER

Whether or not the purchase of any Securities pursuant to the Offer is completed, the Offeror, IQHL or any of their respective subsidiaries or affiliates may, to the extent permitted by applicable law, acquire Securities other than pursuant to the Offer, including through open market purchases, privately negotiated transactions, tender offers, exchange offers, redemptions or otherwise. Such purchases may be on such terms and at such prices as the Offeror or, if applicable, IQHL or any of their respective subsidiaries or affiliates may determine, which may be more or less than the prices to be paid pursuant to the Offer and could be for cash or other consideration or otherwise on terms more or less favorable than those contemplated by the Offer. Any future purchases of Securities by the Offeror or any of its affiliates will depend on various factors existing at the relevant time. There can be no assurance that the Offeror or any of its affiliates will pursue any such future offers to purchase or as to the structure or terms (or combinations thereof) of any such future offers to purchase.

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This announcement must be read in conjunction with the Offer to Purchase. This announcement and the Offer to Purchase contain important information which must be read carefully before any decision is made with respect to the Offer. If any Holder is in any doubt as to the action it should take or is unsure of the impact of the Offer, it is recommended to seek its own financial, legal or tax advice, including as to any tax consequences, from its stockbroker, bank manager, attorney, accountant or other independent financial, legal or tax adviser. Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to tender Securities in the Offer (or to validly withdraw any such tender). None of the Dealer Managers, the Tender & Information Agent, the Offeror, IQHL, nor any director, officer, employee, agent or affiliate of, any such person makes any recommendation whether Holders should tender Securities in the Offer.

Information Regarding Forward-Looking Statements

This announcement contains both historical and forward-looking statements. These forward-looking statements are not historical facts, but only predictions and generally can be identified by use of statements that include phrases such as “will,” “may,” “should,” “could,” “continue,” “anticipate,” “believe,” “expect,” “plan,” “probability,” “appear,” “project,” “estimate,” “intend,” “risk,” “target,” “goal,” “endeavor,” “outlook,” “optimistic,” “prospects” or other words or phrases of similar import. Similarly, statements that describe our objectives, plans or goals also are forward-looking statements. All statements that address the Offeror’s or IQHL’s future operating performance or events or developments that they expect or anticipate will occur in the future are forward-looking statements.

These forward-looking statements are based on the Offeror’s or IQHL’s then current plans, estimates and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those currently anticipated. Factors that could materially affect these forward-looking statements can be found in the Offer to Purchase under the heading “Risk Factors.” Holders are urged to consider these factors carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements included in this announcement are made only as of the date of this announcement, and the Offeror undertakes no obligation to update publicly these forward-looking statements to reflect new information, future events or otherwise. In light of these risks, uncertainties and assumptions, the forward-looking events might or might not occur. The Offeror cannot assure you that projected results or events will be achieved.

OFFER AND DISTRIBUTION RESTRICTIONS

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This announcement and the Offer to Purchase do not constitute an offer or an invitation to participate in the Offer in any jurisdiction in which, or to any person to or from whom, it is unlawful to make such offer or invitation or for there to be such participation under applicable laws. The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Offer to Purchase comes are required by the Offeror, the Dealer Managers and the Tender & Information Agent to inform themselves about and to observe any such restrictions.

United Kingdom

The Offer to Purchase and any other documents or materials relating to the Offer are only addressed to Holders where they would (if they were clients of the Offeror) be per se professional clients or per se eligible counterparties of the Offeror within the meaning of the rules of the Financial Conduct Authority (FCA). Neither the Offer to Purchase nor any other documents or materials are addressed to or directed at any persons who would be retail clients within the meaning of the FCA rules and any such persons should not act or rely on them. Recipients of the Offer to Purchase and any other documents or materials relating to the Offer should note that the Offeror is acting on its own account in relation to the Offer and will not be responsible to any other person for providing the protections which would be afforded to clients of the Offeror or for providing advice in relation to the Offer.

The communication of the Offer to Purchase and any other documents or materials relating to the Offer are not being made and such documents have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended (the “FSMA“). Accordingly, the Offer to Purchase, such documents and/or other materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. Accordingly, the Offer to Purchase and the communication of all such documents and/or materials relating to the Offer are exempt from the restriction on financial promotions under Section 21 of the FSMA on the basis that they are only directed at and may only be communicated (i) to those persons in the United Kingdom falling within the definition of investment professionals (as defined in Article 19(5) of the Financial Promotion Order)), (ii) to those persons who are within Article 43(2) of the Financial Promotion Order, including existing members and creditors of either of the Offeror, (iii) to those persons who are outside of the United Kingdom, or (iv) to any other persons to whom they may otherwise lawfully be made under the Financial Promotion Order (all such persons together being referred to as “Relevant Persons“) and the transactions contemplated herein will be available only to, and engaged in only with, Relevant Persons. Any person who is not a Relevant Person should not act on or rely on the Offer to Purchase.

EEA

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In the EEA, this announcement and the Offer will not, directly or indirectly, be made to, or for the account of, any person other than to qualified investors within the meaning of Article 2(e) of the Prospectus Regulation.

Neither this announcement nor the Offer to Purchase nor any other documentation or material relating to the Offer has been or will be submitted to a competent authority in the EEA for approval. Therefore, neither the Offer to Purchase nor any other documentation or material relating to the Offer qualifies as an approved prospectus as meant in Article 6 of the Prospectus Regulation.

Accordingly, in the EEA, the Offer may not be made by way of an “offer of securities to the public” within the meaning of Article 2(d) of the Prospectus Regulation and the Offer may not be promoted and is not being made to, any person in the EEA (with the exception of “qualified investors” within the meaning of Article 2(e) in conjunction with Article 1(4)(a) of the Prospectus Regulation). This announcement, the Offer to Purchase and any other documentation or materials relating to the Offer (including memoranda, information circulars, brochures or similar documents) have not been forwarded or made available to, and are not being forwarded or made available to, directly or indirectly, any such person. 

With regard to the EEA, this announcement and the Offer to Purchase have been transmitted only for personal use by the aforementioned qualified investors and only for the purpose of the Offer. Accordingly, the information contained in this announcement and the Offer to Purchase may not be used for any other purpose or be transmitted to any other person in the EEA.

Belgium

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None of this announcement, the Offer to Purchase or any other documents or materials relating to the Offer have been submitted to or will be submitted for approval or recognition to the Financial Services and Markets Authority (Autorité des services et marchés financiers / Autoriteit voor financiële diensten en markten) and, accordingly, the Offer may not be made in the Kingdom of Belgium by way of a public offering, as defined in Articles 3 and 6 of the Belgian Law of April 1, 2007 on public takeover bids as amended or replaced from time to time. Accordingly, the Offer may not be advertised and the Offer will not be extended, and none of this announcement, the Offer to Purchase or any other documents or materials relating to the Offer (including any memorandum, information circular, brochure or any similar documents) has been or shall be distributed or made available, directly or indirectly, to any person in the Kingdom of Belgium other than “qualified investors” in the sense of Article 2(e) of the Prospectus Regulation, acting on their own account. This announcement and/or the Offer to Purchase have been issued only for the personal use of the above qualified investors and exclusively for the purpose of the Offer. Accordingly, the information contained in this announcement and/or the Offer to Purchase may not be used for any other purpose or disclosed to any other person in the Kingdom of Belgium.

France

This announcement, the Offer to Purchase and any other documents or offering materials relating to the Offer may not be distributed in the Republic of France except to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of the Prospectus Regulation. The Offer to Purchase has not been and will not be submitted for clearance to the Autorité des marchés financiers.

Italy

None of the Offer, this announcement, the Offer to Purchase or any other documents or materials relating to the Offer has been or will be submitted to the clearance procedure of the CONSOB, pursuant to applicable Italian laws and regulations.

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The Offer is being carried out in the Republic of Italy (“Italy“) as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of February 24, 1998, as amended (the “Financial Services Act“) and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of May 14, 1999, as amended (the “Issuers’ Regulation“). The Offer is also being carried out in compliance with article 35-bis, paragraph 7 of the Issuers’ Regulation.

Holders or beneficial owners of the Securities located in the Republic of Italy can tender the Securities through authorized persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in the Republic of Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of February 15, 2018, as amended from time to time, and Legislative Decree No. 385 of September 1, 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB or any other Italian authority.

Spain

None of the Offer, this announcement or the Offer to Purchase constitutes an offer of securities to the public in Spain under Regulation (EU) 2017/1129 or a tender offer in Spain under the restated text of the Spanish Securities Market Act approved by Royal Legislative Decree 4/2015, of 23 October, and under Royal Decree 1066/2007, of 27 July, all of them as amended, and any regulation issued thereunder.

Accordingly, neither this announcement nor the Offer of Purchase have been or will be submitted for approval nor approved by the Spanish Securities Market Commission (Comision Nacional del Mercado de Valores).

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Switzerland

A public offer within the meaning of the Swiss Financial Services Act (“FinSA“) may not be directly or indirectly made in Switzerland with respect to the Securities. Therefore, none of this announcement, the Offer or any other offering or marketing material relating to the Securities constitutes a prospectus as such term is understood pursuant to article 35 FinSA or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Accordingly, the investor protection rules otherwise applicable to investors in Switzerland do not apply to the Offer. When in doubt, investors based in Switzerland are recommended to contact their legal, financial or tax adviser with respect to the Offer.

Luxembourg

The terms and conditions relating to this announcement and/or the Offer to Purchase have not been approved by and will not be submitted for approval to the Luxembourg Financial Services Authority (Commission de Surveillance du Secteur Financier) for purposes of public offering in the Grand Duchy of Luxembourg (“Luxembourg“). Accordingly, the Offer may not be made to the public in Luxembourg, directly or indirectly, and none of this announcement, the Offer to Purchase or any other prospectus, form of application, advertisement or other material may be distributed, or otherwise made available in or from, or published in, Luxembourg except in circumstances which do not constitute a public offer of securities to the public, subject to prospectus requirements, in accordance with the Luxembourg Act of 10 July 2005 on prospectuses for securities.

General

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This announcement is for informational purposes only and shall not constitute an offer to buy or the solicitation of an offer to sell Securities in any circumstances in which such offer or solicitation is unlawful. The Offer is being made only pursuant to the Offer to Purchase and only in such jurisdictions as is permitted under applicable law. Please see the Offer to Purchase for certain important information on offer restrictions applicable to the Offer.

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014, AS AMENDED (AND INCLUDING AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018, AS AMENDED) (“MAR”).

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Blockchain Press Releases

Empower Web3 Startups- WConnect Launches Soon

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HONG KONG, Feb. 15, 2025 /PRNewswire/ — CoinW, a global leader in cryptocurrency trading, proudly announces the launch of its flagship online forum series, WConnect – Connecting Legends. This initiative is designed to unite CoinW users with iconic Layer 1 blockchains and their transformative projects. By collaborating with leading ecosystems like Solana, and other prominent players, WConnect seeks to empower the next wave of Web3 unicorns.

The series will offer a dynamic space where industry leaders, developers, and enthusiasts converge to exchange ideas, explore trends, and ignite innovation. WConnect stands as a beacon of opportunity, fostering a vibrant ecosystem where visionary startups can flourish.

Connecting Blockchain Ecosystems 

WConnect is a flagship online forum series introduced by CoinW. 

It aims to bring together industry leaders and developer communities in different blockchain ecosystems to jointly explore industry trends. This is a great opportunity to exchange technical experience and explore development opportunities. 

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The WConnect series will play a key role in this cooperation as a core platform, which will promote blockchain collaboration and amplify the impact of innovation. 

It will focus on in-depth discussions around the following key themes:

AI, RWA and DeFi Trends: Explore industry innovation and breakthrough developments.
Professional Trading Strategies: Share trading strategies and discover potential projects.
Layer 1 Ecosystem: Focus on potential projects in Sui, Solana ecosystem.
Project Development Challenges: Get valuable guidance from the experience of front-line developers.
Web3 Future Development: Prospects for industry-wide adoption and trends in innovation.

WConnect’s online events will be broadcast simultaneously on Twitter Space and YouTube. At the same time, CoinW’s global users can likewise access its events through CoinW’s live channel. 

Each episode will further expand WConnect’s reach through recordings and highlight clips, connecting with users in the CoinW ecosystem.The first episode of the WConnect series will focus on the role of Layer 1 ecosystems in promoting blockchain innovation and growth. Mainstream Layer 1 projects built on Sui and Solana will be among the topics for discussion. 

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Industry movers and shakers, technical experts and community leaders from popular projects, media partners such as Cointelegram will be invited to share progress within their projects. They are also encouraged to provide input on future development directions. 

$100,000 Prize Pool Trading Competition 

To celebrate this milestone, CoinW is launching a $100,000 Trading Competition Series. The competitions will showcase standout projects like CETUS, NAVX, SCA, and HIPPO, with diverse reward categories such as new user incentives, daily trading bonuses, and competitive trading challenges with generous USDT prizes.

  • New User Rewards: Register and trade at least $100 USDT in SUI, CETUS, NAVX, SCA, or HIPPO to receive 5 USDT. A total of 10,000 USDT is available on a first-come, first-served basis.
  • Daily Trading Challenge: Trade $100 USDT or more each day to qualify for a weekly prize pool of $5,000 USDT, encouraging consistent participation and engagement.
  • SCA Trading Challenge: Compete for a share of a 20,000 USDT prize pool by trading at least $100 USDT in SCA/USDT, with rewards distributed based on trading volume.
  • NAVX Lucky Lottery: Trade a minimum of $200 USDT in NAVX/USDT to enter a lucky draw and win prizes ranging from 5 to 20 USDT. A total of 600 winners will be selected randomly.
  • CETUS Net Purchase Contest: Compete for a share of 10,000 USDT by ranking in the top 30 net CETUS purchasers. An additional 5,000 USDT will be distributed proportionally to participants who trade at least $100 USDT.
  • HIPPO Trading Safari: Reach specified trading volume milestones to win rewards from a 10,000 USDT prize pool, with limited spots available for each tier.

Additionally, join WConnect’s airdrop event by completing simple social tasks, such as joining the official Telegram group and sharing event posts. Participants will enter a draw to win USDT and Sui token rewards.

Expanding Influence 

CoinW’s WConnect series will initially focus on the Sui and Solana ecosystem. This also marks a continuation of CoinW’s partnership with Solana, reinforcing the collaboration established earlier through initiatives such as the Solana Founders Villa. As highlighted in their previous partnership, CoinW and Solana have jointly supported emerging Web3 founders, fostering innovation and ecosystem growth. Through WConnect, CoinW and Solana will continue working together, providing resources and exposure to promising projects in the Solana ecosystem and beyond.

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Moving forward, WConnect will continue expanding its scope, featuring other leading Layer 1 ecosystems to empower more projects and developers.

About CoinW

Founded in 2017, CoinW is a globally trusted cryptocurrency exchange serving over 13 million users in 14 countries. With cutting-edge technology, advanced security, and a focus on empowering blockchain innovation, CoinW supports communities worldwide in realizing the transformative power of digital assets.

Twitter Official:https://twitter.com/CoinWOfficial

Research Institute Telegram: https://t.me/CoinW_Research

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Telegram EN: https://t.me/coinwoff

Telegram Announcement Official: https://t.me/coinwofficialchannel

YouTube Official: https://www.youtube.com/@CoinWOfficial

Safe & Secure Crypto Exchange - CoinW

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Blockchain

Blocks & Headlines: Today in Blockchain – February 14, 2025: Trump Admin, CoreAI, Figment, Infinite Alliance

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In the ever-evolving world of blockchain and cryptocurrency, each day brings with it new developments that not only redefine technology but also reshape the economic and regulatory landscape. Welcome to Blocks & Headlines: Today in Blockchain – February 14, 2025: Trump Admin, CoreAI, Figment, Infinite Alliance, your comprehensive op-ed-style daily briefing. Today, we dive deep into how groundbreaking policy shifts, innovative technological breakthroughs, strategic institutional moves, and global alliances are converging to chart the future of blockchain, crypto, Web3, DeFi, and NFTs.

From the Trump administration’s renewed focus on leveraging blockchain technology as a tool for economic and national security, to CoreAI’s unveiling of an AI-powered blockchain platform designed to simplify decentralized application (dApp) development, the day’s headlines are packed with significance. We’ll explore how Figment’s strategic partnership with a leading blockchain association is setting the stage for institutional staking and robust crypto policy in the U.S., and we’ll also highlight Infinite Alliance’s pioneering efforts in global Web3 and blockchain innovation.

This article provides an in-depth analysis of each story, offering insights into the broader implications for the blockchain ecosystem. We will dissect each development, provide context, and opine on how these trends could influence future innovations, regulatory measures, and market dynamics. Whether you’re a blockchain enthusiast, a crypto investor, or an industry veteran, our detailed exploration will illuminate the key trends shaping the blockchain space today.

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A New Era in Policy: The Trump Administration’s Embrace of Cryptocurrency and Blockchain

In recent years, the intersection of government policy and blockchain technology has grown ever more significant. Today, we examine a pivotal development reported by Fortune that signals a shift in governmental attitudes towards digital currencies and distributed ledger technology. The Trump administration is reportedly taking bold steps to integrate blockchain technology into its regulatory and economic strategies, aiming to harness the benefits of decentralization while establishing robust frameworks to mitigate risks.

The Policy Shift: Balancing Innovation and Regulation

The Trump administration’s renewed interest in cryptocurrency and blockchain reflects a broader global trend of governments acknowledging the transformative potential of these technologies. At the core of this policy shift is the recognition that blockchain offers unparalleled benefits in transparency, efficiency, and security—qualities that are essential in today’s digital economy. By integrating blockchain technology into various governmental functions, the administration seeks to improve public sector efficiency, combat fraud, and enhance data security across critical infrastructures.

However, this embrace of innovation comes with a measured approach to regulation. While the potential for blockchain to revolutionize financial services, supply chain management, and public record-keeping is immense, the administration is keenly aware of the risks involved. Cybersecurity vulnerabilities, market volatility, and the potential for illicit activities necessitate a balanced regulatory framework. The administration’s approach aims to foster an environment where innovation is encouraged, but not at the expense of security and public trust.

Economic and Strategic Implications

The strategic implications of this policy move are far-reaching. By positioning blockchain as a key tool for economic growth and national security, the Trump administration is not only laying the groundwork for enhanced governmental operations but also stimulating broader market confidence in the technology. Investors and industry players can interpret this as a signal that blockchain will receive continued support and favorable regulatory treatment, which may, in turn, drive further investments in blockchain startups and related technologies.

Moreover, the administration’s actions could influence global regulatory trends. As the U.S. takes a proactive stance in integrating blockchain into its economic strategies, other nations may follow suit, leading to a more harmonized international approach to crypto regulation. This harmonization is critical in a world where digital assets and cross-border transactions transcend traditional national boundaries.

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The Broader Context: Innovation in the Public Sector

The integration of blockchain technology into government operations represents a paradigm shift. In education, healthcare, voting systems, and even national defense, blockchain can enhance transparency and accountability. The Trump administration’s focus on these innovations underscores a commitment to leveraging technology for public good. Yet, it also raises questions about privacy, data sovereignty, and the centralization of power—issues that will require careful management as these policies are implemented.

In our view, the administration’s move is both timely and necessary. It acknowledges that the future of technology is decentralized and that the benefits of blockchain can extend beyond the private sector. By setting a regulatory framework that encourages innovation while mitigating risk, the government can help ensure that blockchain technology develops in a manner that benefits all citizens.

Source: Fortune


CoreAI Unveils Revolutionary AI-Powered Blockchain Platform to Simplify dApp Development

In a groundbreaking move that merges artificial intelligence with blockchain technology, CoreAI has unveiled a revolutionary AI-powered blockchain platform designed to simplify the development of decentralized applications (dApps). As reported by Business Insider, this innovative platform is set to transform how developers interact with blockchain, making it more accessible, efficient, and user-friendly.

The Convergence of AI and Blockchain

The integration of AI with blockchain is not just a technological upgrade—it’s a paradigm shift that redefines what is possible in the digital space. CoreAI’s platform leverages state-of-the-art machine learning algorithms to optimize blockchain operations, streamline smart contract development, and enhance security protocols. By automating many of the complex processes involved in dApp development, CoreAI is effectively lowering the barrier to entry for developers and accelerating the pace of innovation.

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Traditionally, developing dApps has required specialized knowledge of blockchain protocols and programming languages. This complexity has often limited innovation to a relatively small pool of experts. CoreAI’s platform addresses this challenge by providing a suite of tools that simplify coding, testing, and deploying decentralized applications. Developers can now focus on creating innovative solutions rather than getting bogged down by technical intricacies.

Benefits for the Developer Community

The benefits of this AI-powered platform are manifold. For one, it significantly reduces development time and cost. With streamlined processes and automated workflows, developers can bring their ideas to market faster than ever before. This speed is crucial in the competitive world of blockchain, where innovation is key to gaining a strategic edge.

Furthermore, the platform’s enhanced security features are particularly noteworthy. By integrating AI-driven threat detection and automated security audits, CoreAI is setting new standards for safeguarding blockchain applications. In an era where data breaches and cyberattacks are increasingly common, robust security measures are not just a nice-to-have; they are a necessity.

From our perspective, CoreAI’s initiative represents a major step forward for the blockchain community. The convergence of AI and blockchain technology opens up exciting new avenues for innovation, driving greater adoption of decentralized systems across various sectors, including finance, supply chain management, healthcare, and beyond. By making dApp development more accessible, CoreAI is not only empowering developers but also fostering a more vibrant and inclusive blockchain ecosystem.

Market Implications and Future Prospects

The launch of CoreAI’s platform comes at a time when the blockchain industry is poised for exponential growth. With increased interest from both institutional and retail investors, the demand for innovative blockchain solutions is higher than ever. CoreAI’s platform is well-positioned to capitalize on this trend, offering a unique value proposition that blends AI with the decentralization benefits of blockchain.

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The broader market implications are significant. As more developers adopt AI-powered tools, we can expect a surge in the number and quality of decentralized applications. This, in turn, will drive greater adoption of blockchain technology across industries, further blurring the lines between traditional centralized systems and decentralized networks.

Moreover, the success of CoreAI’s platform could spur further investment in AI-driven blockchain initiatives, catalyzing a wave of innovation that redefines how we interact with digital assets and decentralized systems. In an increasingly competitive technological landscape, the fusion of AI and blockchain could very well be the catalyst that propels the industry into its next phase of evolution.

Source: Business Insider


Figment Joins Blockchain Association to Advance U.S. Crypto Policy and Institutional Staking Adoption

In a move that underscores the growing institutional momentum behind blockchain technology, Figment has announced its decision to join a leading blockchain association. This strategic partnership, highlighted by both CryptoBriefing and CoinTrust, aims to advance U.S. crypto policy and promote the adoption of institutional staking. By aligning with other industry leaders, Figment is poised to play a pivotal role in shaping the regulatory and operational landscape of the crypto ecosystem.

The Role of Institutional Staking in Crypto Adoption

Institutional staking has emerged as a critical trend in the cryptocurrency space, offering a way for large investors and financial institutions to earn rewards on their digital assets while contributing to the security and stability of blockchain networks. Figment’s decision to join the blockchain association is a clear signal of its commitment to fostering an environment where institutional staking can thrive.

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The association’s collaborative framework brings together key stakeholders from across the blockchain industry, including developers, investors, regulators, and service providers. This collective effort aims to establish standardized practices, drive regulatory clarity, and promote best practices for staking and other blockchain operations. For institutions looking to participate in the crypto market, such measures are essential in reducing risks and ensuring a secure, transparent environment.

Advancing U.S. Crypto Policy

The U.S. regulatory landscape for cryptocurrencies has been in a state of flux for several years, with policymakers grappling with how to balance innovation with consumer protection. Figment’s move is significant in that it seeks to bring a level of coherence and stability to U.S. crypto policy. By actively participating in the blockchain association, Figment and its partners can help shape policies that support both innovation and investor protection.

From our perspective, this development is a critical step toward mainstream crypto adoption in the United States. As regulatory frameworks become more defined and aligned with industry standards, institutional investors will gain greater confidence in deploying capital into the crypto space. This, in turn, could lead to increased liquidity, higher market participation, and ultimately, a more robust digital asset ecosystem.

The Synergy of Collaboration

One of the most compelling aspects of Figment’s announcement is the power of collaboration. In an industry as dynamic and complex as blockchain, no single entity can address every challenge in isolation. The blockchain association provides a platform for collaborative problem-solving, enabling participants to share knowledge, align on standards, and drive collective progress. Figment’s involvement is likely to accelerate the development of industry-wide solutions that address common challenges such as security vulnerabilities, interoperability issues, and regulatory uncertainties.

By joining forces with other leading players, Figment is positioning itself not only as a technology provider but also as a strategic influencer in the broader crypto policy debate. This dual role—as both an innovator and a policy advocate—underscores the company’s commitment to advancing the crypto industry in a way that benefits all stakeholders.

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Source: CryptoBriefing
Source: CoinTrust


Infinite Alliance: Pioneering Global Innovation in Web3 and Blockchain

As the blockchain landscape becomes increasingly interconnected on a global scale, new alliances are emerging to drive innovation and collaboration across borders. Infinite Alliance is one such initiative, pioneering global innovation in Web3 and blockchain. Reported by GlobeNewswire, this development signals a new era of cross-border cooperation aimed at accelerating the adoption of decentralized technologies and fostering groundbreaking innovations.

The Vision of Infinite Alliance

Infinite Alliance represents a concerted effort by a diverse group of industry leaders, developers, and innovators to create a unified platform for advancing Web3 and blockchain technology. At its core, the alliance is focused on breaking down silos and fostering a collaborative environment where ideas can be freely exchanged and developed. This global coalition aims to harness the collective expertise of its members to tackle some of the most pressing challenges facing the blockchain industry, from scalability and interoperability to security and regulatory compliance.

In our opinion, the formation of Infinite Alliance is a bold and necessary step forward. In an industry that is still in its relative infancy, collaboration is key to overcoming the technical and regulatory hurdles that impede progress. By pooling resources and knowledge, the alliance can accelerate innovation, drive standards, and ultimately shape the future of decentralized technologies on a global scale.

Impact on Global Web3 and Blockchain Innovation

The implications of Infinite Alliance extend far beyond the boundaries of any single country or market. As blockchain technology continues to gain traction worldwide, the need for a coordinated approach to innovation and regulation becomes increasingly apparent. Infinite Alliance’s global perspective is particularly valuable in this context, as it provides a platform for harmonizing disparate regulatory approaches and fostering an environment that supports cross-border collaboration.

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For developers and entrepreneurs, the alliance offers a fertile ground for innovation. With access to a broad network of experts and resources, startups and established companies alike can leverage the collective intelligence of the alliance to develop solutions that are both scalable and secure. This collaborative ecosystem is likely to spur a wave of innovation that accelerates the mainstream adoption of blockchain and Web3 technologies.

Strategic Partnerships and Future Directions

Infinite Alliance is already forging strategic partnerships with key players across the blockchain spectrum, setting the stage for future collaborations that could redefine the industry. By aligning with regulators, academic institutions, and technology providers, the alliance aims to create a robust framework for innovation that is both forward-thinking and grounded in practical experience.

In our view, the alliance’s efforts are indicative of a broader shift towards a more integrated and collaborative blockchain ecosystem. As technological advancements continue at a rapid pace, the challenges of interoperability, security, and regulatory compliance can only be overcome through collective action. Infinite Alliance’s pioneering approach serves as a beacon for the industry, demonstrating that by working together, we can unlock the full potential of blockchain and Web3 technologies.

Source: GlobeNewswire


Conclusion: Major Takeaways and the Road Ahead in Blockchain Innovation

Today’s blockchain landscape is a tapestry of innovation, collaboration, and strategic foresight. The developments we’ve explored—from the Trump administration’s proactive embrace of blockchain technology to CoreAI’s revolutionary AI-powered platform, from Figment’s strategic move to influence U.S. crypto policy to Infinite Alliance’s global push for Web3 innovation—offer a compelling glimpse into the future of decentralized technology.

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In our analysis, several key themes emerge. First, the integration of blockchain into government policy signals not only a commitment to technological innovation but also a recognition of the need for secure, transparent, and efficient public systems. As regulatory frameworks evolve, they will play a critical role in shaping the adoption and growth of blockchain and cryptocurrency technologies.

Second, the convergence of AI and blockchain, as demonstrated by CoreAI’s latest platform, is set to revolutionize the development landscape for decentralized applications. By simplifying dApp development and enhancing security measures, such innovations are empowering developers and driving greater adoption of blockchain technology across various sectors.

Third, the strategic moves by institutional players like Figment underscore the importance of collaboration and standardized practices in advancing crypto policy and institutional staking. As regulatory clarity improves, we can expect to see increased participation by large investors, further bolstering market confidence and liquidity.

Finally, global initiatives such as Infinite Alliance highlight the transformative potential of cross-border collaboration. In a world where innovation knows no boundaries, fostering a unified approach to blockchain and Web3 technologies is essential for addressing challenges like interoperability and security on a global scale.

As we look ahead, the interplay between policy, technology, and market dynamics will continue to shape the blockchain ecosystem. For investors, developers, and policymakers alike, staying informed about these trends is crucial to navigating the opportunities and challenges of this rapidly evolving space.

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In summary, today’s news stories serve as a powerful reminder that the blockchain revolution is well underway. The convergence of government policy, advanced technology, and strategic institutional initiatives is setting the stage for a future where decentralized systems redefine not only financial services but also the very fabric of our digital lives. As blockchain continues to mature, its impact on sectors ranging from finance and healthcare to education and public governance will only grow stronger.

Thank you for joining us in this in-depth exploration of today’s blockchain headlines. We hope that our analysis has provided you with valuable insights into the trends shaping the industry and inspired you to consider how these developments might influence your own strategies and investments in the blockchain space. Stay tuned for future editions of Blocks & Headlines: Today in Blockchain, where we will continue to bring you the latest news, insights, and analysis from the cutting edge of blockchain and cryptocurrency innovation.

The post Blocks & Headlines: Today in Blockchain – February 14, 2025: Trump Admin, CoreAI, Figment, Infinite Alliance appeared first on News, Events, Advertising Options.

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Blockchain Press Releases

BingX Labs Invests $100,000 in Fireverse to Fuel AI Music Innovation in Web3 Initiatives

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PANAMA CITY, Feb. 14, 2025 /PRNewswire/ — BingX Labs, the innovation arm of cryptocurrency exchange BingX, announced a strategic $100,000 investment in Fireverse, a trailblazing AI-driven and blockchain-powered music creation platform. This collaboration aims to accelerate the growth of the Web3 ecosystem by revolutionizing the music industry through cutting-edge AI and blockchain solutions. By equipping artists and enthusiasts with transformative tools for music generation, monetization, and distribution, the partnership seeks to redefine creative ownership and foster decentralized collaboration.

Fireverse is a next-generation Web3 music platform that leverages AI and blockchain to transform music creation, marketing, and monetization. It enables both professionals and amateurs to produce high-quality music effortlessly with AI-powered composition tools, gamified experiences, and blockchain-backed copyright protection. Through cooperation with Nobody, Fireverse obtained the intellectual property rights of classic films by Stephen Chow to create music NFTs. Users can generate music with one-click AI processing, participate in global competitions, and monetize their work while maintaining full ownership and security. The decentralized model ensures artist control and content integrity, allowing independent publishing and promotion.

BingX Labs is committed to supporting Fireverse’s growth through strategic funding and hands-on collaboration, aimed at strengthening its Web3 infrastructure, smart contract functionalities, and NFT-based monetization models. The funding will be primarily directed towards enhancing Fireverse’s infrastructure, ensuring its long-term scalability and success. Joint initiatives such as BingX Learn to Earn will be launched in the upcoming months, featuring gamified incentives and prize pools to engage users and promote the platform.

Vivien Lin, Head of BingX Labs, highlighted the collaboration’s potential: “Fireverse represents an exciting convergence of AI, music, and Web3 technology. At BingX Labs, we are not only bringing substantial funding to Fireverse but also offering our extensive industry resources and views, driving the expansion of Fireverse’s presence within the blockchain and crypto ecosystem. Our goal is to empower creators across various sectors, and with Fireverse, we aim to make music production more accessible and decentralized. This partnership is a part of our broader commitment to revolutionizing industries through Web3 technology, and we look forward to shaping the future together.”

By supporting projects like Fireverse, BingX Labs continues to bridge the gap between blockchain technology and real-world applications, driving adoption across various industries. As Fireverse advances its AI-powered platform and expands its ecosystem, its collaboration with BingX Labs will play a pivotal role in shaping the next generation of digital music creation and distribution.

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About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 10 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/

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