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Energy & Technology

Intel Drives Software-Defined Innovation with Whole-Vehicle Approach

What’s New: At CES, Intel unveiled an expanded product portfolio and new partnerships designed to accelerate automakers’ transitions to electric and software-defined vehicles (SDVs). Intel now offers a whole-vehicle platform, including high-performance compute, discrete graphics, artificial intelligence (AI), power management and zonal controller solutions alongside the Intel® Automotive Virtual Design Environment (VDE) co-developed with Amazon Web Services (AWS). Intel’s approach addresses automakers’ cost and performance scalability challenges, enabling faster, more efficient and more profitable SDV development and deployment. “Intel automotive is bringing innovative solutions that reduce cost in the SDV revolution. Our whole-vehicle approach, combined with cloud integration, delivers a complete solution that drives down total cost of development and deployment while empowering automakers to build the future of mobility faster, more efficiently and more profitably.” –Jack Weast, Intel Fellow, vice president and general manager of Intel Automotive Why a Whole-Vehicle Platform Matters: Intel’s whole-vehicle platform reduces inefficiencies of traditional fragmented approaches to vehicle architectures. By optimizing the entire vehicle’s electrical/electronic architecture, Intel drives significant cost reductions and performance improvements. Supporting this platform, Intel introduced the availability of the Adaptive Control Unit (ACU), designed for electric vehicle (EV) power trains and zonal controller applications. About the Adaptive Control Unit: The ACU U310 is a new kind of processing unit that supports the consolidation of multiple real-time, safety-critical and cybersecure functions, applications and domains (X-in-1) into a single chip. Traditional time and sequential processing-based micro and zonal controllers struggle to handle multiple workloads due to limited deterministic processing capabilities. In contrast, Intel’s new family of ACU devices integrates a flexible logic area that offloads real-time control algorithms from the CPU cores, ensuring reliable performance, freedom from interference (FFI) and deterministic data delivery even when consolidating multiple microcontroller workloads into a single zonal MCU. This dual-brain approach enables greater workload consolidation, lowers cost, and enhances safety, cybersecurity and performance. When used in an electric vehicle power train, the ACU U310 supports advanced algorithmic solutions that reduce vehicle energy demand from the battery, automatically adapting high voltage and control frequencies to individual driver styles and road conditions. The ACU reduces cost per kilowatt and enhances energy efficiency, allowing the vehicle to reclaim up to 40 percent of the power train system energy losses, delivering a 3% to 5% efficiency boost during the Worldwide Harmonized Light Vehicles Test Procedure (WLTP). This translates to increased range, faster charging and a more responsive driving experience while significantly reducing per-vehicle bill of materials (BOM), electric motor size and battery costs compared to traditional approaches. Stellantis Motorsports selected Intel as a key technology partner and adopting the Adaptive Control technology into its next-generation inverter control for enhanced performance and efficiency in competitive racing environments. In this implementation, the Intel technology will control the electric motor and recover energy during braking phases. The inverter plays a crucial role during a Formula E race, where any gain in efficiency is transformed into a precious competitive advantage. Karma Automotive announced support for Intel’s ACU, showcasing an Intel co-branded inverter featuring Optimal Pulse Pattern control algorithms to improve efficiency and enable four unique driving profiles, including innovative features like Torque Ripple Reduction and Range Boost. The ACU’s programmability allows it to serve as a first-of-its-kind software-defined zonal controller, adapting to different vehicle topologies and applications. This flexibility streamlines the transition to software-defined vehicles, simplifies supply chains and reduces the complexity of the vehicle BOM.  How Next-Gen Architecture is Enhanced with AI Inside: Building on Intel’s first-generation AI-enhanced SDV system-on-chips (SoCs), Intel announced the upcoming second-generation Intel® Arc™ B-series Graphics for Automotive set for production by the end of 2025. This solution provides the high-performance compute needed for more advanced in-vehicle AI workloads, next-generation human-machine interface (HMI) engines, and immersive in-vehicle experiences and AAA PC gaming. Paired with an Intel AI-enhanced SDV SoC, it delivers scalable performance for complex AI tasks, supported by the vast Intel AI ecosystem. How Intel and AWS Revolutionize Automotive Software Development: Intel and AWS introduced the Intel Automotive Virtual Development Environment on AWS, a groundbreaking approach that ensures true hardware and software parity from cloud to car. This new offering addresses challenges throughout the vehicle development life cycle, enabling engineers to seamlessly switch between virtual and physical hardware setups. It integrates Intel® Xeon® processor-based Amazon EC2 instances and, for the first time, incorporates Intel’s Automotive SDV SoCs within the AWS environment, eliminating the need for expensive electronic control unit (ECU) simulators or developer boards. This collaboration provides a unified solution that accelerates innovation, reduces R&D costs and speeds time-to-market. About Intel’s System-Level Advantage: Intel’s whole-vehicle approach delivers numerous benefits to automakers, including cost reductions, enhanced vehicle performance, streamlined development, improved energy efficiency, seamless AI integration and faster time-to-market – all supported by Intel’s globally balanced supply chain. More: Intel at CES 2025 | Intel Auto Keynote Explores Software-Defined Future (Video)  

Sarawak Premier Tan Sri Abang Johari Tun Openg
News

MASwings deal set for end of 1Q25

KUCHING: Disagreements over the asset value of MASwings are delaying the Sarawak government’s acquisition of the airline from Malaysia Aviation Group (MAG). The Sarawak government and MAG, the parent company of MASwings Sdn Bhd, have not been able to see eye-to-eye on their respective assets valuations of MASwings, resulting in the formal sale-and-purchase agreement between them fixed to be signed on Dec 31, 2024, not materialising. The Sarawak government, the Transport Ministry and Malaysian Aviation Commission (Mavcom) had earlier agreed to Sarawak taking over MASwings which currently serves routes in Sarawak and Sabah. According to Sarawak Premier Tan Sri Abang Johari Tun Openg, due to the differences in valuation of assets, a formal agreement on MASwings’ acquisition could not be inked last month. “The only remaining issue is asset valuation. We have our valuation and they have theirs. “To resolve this, we need a third party to adjudicate. Both sides have their own audit teams and we are now in the negotiation phase,” he said recently. Abang Johari now expects the acquisition of MASwings to be finalised in first quarter of 2025 (1Q25). Headquartered in Kota Kinabalu International Airport, MASwings currently owns and operates a fleet of 16 aircrafts serving 23 destinations in Sarawak and Sabah. The aircraft fleet comprises of 10 units of ATR 72-500, which can accommodate 68 passengers each and six units of 19-seater Viking Air DHC-6-400 Twin Otter. MASwings received the ATR 72-500 aircraft between 2008 and 2010 and retired its last Fokker 50 in April 2010. By 2013, the six brand-new DHC-6 Twin Otter Series 400 entered the service and replaced the aging Twin Otters. The Twin Otters are used for rural air service to isolated communities with limited infrastructure such as the highlands like Bario, in northern Sarawak. MASwings utilises the Miri Airport as its primary hub for the Twin Otter operations with Kuching International Airport as a secondary hub. Established as a regional airline in 2007, MASwings provides essential air connectivity to remote and rural areas in Sarawak and Sabah under the rural air services programme. It initially operated 450 weekly flights to 22 destinations across Sarawak and Sabah using a fleet of Fokker 50 and DHC-6 Twin Otter. In 2010, MASwings expanded its operations focusing on international routes within the Brunei-Indonesia-Malaysia-Philippines East Asean Growth Areas. It had then operated flights on routes including Kota Kinabalu -Bandar Seri Begawan (Brunei), Kota Kinabalu-Puerto Princesa (Philippines), Kuching-Pontianak (Indonesia) and Tawau-Tarakan (Indonesia). The Covid-19 pandemic in 2020 had significantly impacted MASwings’ operations as it had resulted in flight suspensions due to movement control orders and a sharp drop in passenger traffic. In 2022, the carrier discontinued its sole remaining international route (Tawau-Tarakan flight) to focus exclusively on domestic operations. In 2019, MASwings entered into a new Public Service Obligation agreement with the federal government to operate the rural air services across 40 routes in Sabah and Sarawak until 2024. This agreement included an annual subsidy of RM209mil to cover operational costs and maintain connectivity to underserved regions. Transport Minister Anthony Loke had announced recently that the annual subsidy will be extended to 2025. Once the sale-and-purchase agreement is inked between the Sarawak government and MAG, the transfer of ownership of MASwings is expected to take between six and nine months and it then needs to work on getting approvals from the relevant authorities on its planned international expansion. Abang Johari has already made known the Sarawak government’s ambitious plan to transform MASwings into a regional carrier, serving international destinations with a four-to-seven hour air travelling time, besides existing domestic routes. The target destinations include South Korea, Japan, Hong Kong, Thailand, Indonesia and as far as Frankfurt, Germany, in efforts to boost Sarawak tourism. MASwings will acquire long-haul aircraft to services these international routes. Abang Johari said MASwings will be rebranded with a new identity. He said a new name has been chosen but will only be unveiled on conclusion of the MASwings’ acquisition agreement. The rebranding of MASwings is expected to be undertaken under the management of Hornbill Skyways, a state-link aviation operator with Sarawak Foundation and Sarawak Timber Industry Corp as its major shareholders. Established in 1977 to cater for Sarawak’s growing demand for aviation services, Hornbill Skyways currently operates a fleet of 14 aircraft that includes one executive jet, turboprop planes and Bell Ranger and Eurocopter helicopters.–THE STAR

Media OutReach

Infinity Financial Advisory Unveils Enhanced Digital Capabilities to Transform Client Financial Planning Experience

SINGAPORE – Media OutReach Newswire – 13 January 2025 – Infinity Financial Advisory is pleased to announce the launch of the i-NITIATE® Client App 2.0, an upgraded platform designed to improve the wealth management experience for its clients. This new app provides easy access to your financial data, and insightful content – all while rewarding you for staying engaged. i-NITIATE® Client App 2.0 The i-NITIATE® Client App 2.0 offers a unified platform for all your financial management needs. Exclusively for Infinity FA clients, the app enables easy access to your investment portfolio, policy details, and other exclusive benefits from our partners, all from a single user-friendly interface. You can find out more about i-NITIATE® Client App at client-app.infinityfa.com.sg. Improved Financial Management This updated app introduces a rewards system that encourages engagement through activities like logging in and attending seminars, with the option to earn and redeem Infinity Points. It also includes partnerships for high-yield savings accounts and premium services, aimed at simplifying and enhancing your financial strategy. Key Features The app’s user-friendly design supports efficient financial management, whether you are tracking investments or accessing personalised advice. It features robust security measures, including biometric authentication, to protect your data. New features include the “Enquire Shortfall” tool, which helps identify and address gaps in your financial coverage, and the “Coin Frenzy” in-app game, which offers a fun way to earn rewards through monthly competitions. Leadership Insight Poh Choon Kia, CEO of Infinity Financial Advisory, said, “We are pleased to introduce this major revamp of our i-NITIATE® Client App. The i-NITIATE® Client App is an extension of our commitment to making your financial journey simpler, more secure, and highly rewarding for you.” Hashtag: #InfinityFinancialAdvisory http://client-app.infinityfa.com.sghttps://sg.linkedin.com/company/infinity-financial-advisoryhttps://www.facebook.com/InfinityFinancialAdvisoryPteLtdhttps://www.instagram.com/infinityfinancialadvisory/ The issuer is solely responsible for the content of this announcement. Infinity Financial Advisory Come As You Are, Leap Forward With Us. Infinity Financial Advisory started in July 2023, and currently has a company size of almost 280 financial advisors and staff. At Infinity FA, our vision is to be our clients’ guiding light through the infinite financial universe, one that is filled with countless options and opportunities. We focus on advancing wealth management with innovative solutions and personalised service, striving to support our clients with effective tools and exceptional service. For more information about the i-NITIATE® Client App or Infinity Financial Advisory, please contact: [email protected]

Media OutReach

Infinity Financial Advisory Unveils Enhanced Digital Capabilities to Transform Client Financial Planning Experience

SINGAPORE – Media OutReach Newswire – 13 January 2025 – Infinity Financial Advisory is pleased to announce the launch of the i-NITIATE® Client App 2.0, an upgraded platform designed to improve the wealth management experience for its clients. This new app provides easy access to your financial data, and insightful content – all while rewarding you for staying engaged. i-NITIATE® Client App 2.0 The i-NITIATE® Client App 2.0 offers a unified platform for all your financial management needs. Exclusively for Infinity FA clients, the app enables easy access to your investment portfolio, policy details, and other exclusive benefits from our partners, all from a single user-friendly interface. You can find out more about i-NITIATE® Client App at client-app.infinityfa.com.sg. Improved Financial Management This updated app introduces a rewards system that encourages engagement through activities like logging in and attending seminars, with the option to earn and redeem Infinity Points. It also includes partnerships for high-yield savings accounts and premium services, aimed at simplifying and enhancing your financial strategy. Key Features The app’s user-friendly design supports efficient financial management, whether you are tracking investments or accessing personalised advice. It features robust security measures, including biometric authentication, to protect your data. New features include the “Enquire Shortfall” tool, which helps identify and address gaps in your financial coverage, and the “Coin Frenzy” in-app game, which offers a fun way to earn rewards through monthly competitions. Leadership Insight Poh Choon Kia, CEO of Infinity Financial Advisory, said, “We are pleased to introduce this major revamp of our i-NITIATE® Client App. The i-NITIATE® Client App is an extension of our commitment to making your financial journey simpler, more secure, and highly rewarding for you.” Hashtag: #InfinityFinancialAdvisory http://client-app.infinityfa.com.sghttps://sg.linkedin.com/company/infinity-financial-advisoryhttps://www.facebook.com/InfinityFinancialAdvisoryPteLtdhttps://www.instagram.com/infinityfinancialadvisory/ The issuer is solely responsible for the content of this announcement. Infinity Financial Advisory Come As You Are, Leap Forward With Us. Infinity Financial Advisory started in July 2023, and currently has a company size of almost 280 financial advisors and staff. At Infinity FA, our vision is to be our clients’ guiding light through the infinite financial universe, one that is filled with countless options and opportunities. We focus on advancing wealth management with innovative solutions and personalised service, striving to support our clients with effective tools and exceptional service. For more information about the i-NITIATE® Client App or Infinity Financial Advisory, please contact: [email protected]

Media OutReach

Top 2 Best Places to Work in Bangladesh for 2024 Revealed

DHAKA, BANGLADESH – Media OutReach Newswire – 10 January 2025 – The Best Places to Work certification program has recognized Foodpanda and Novo Nordisk as the top two best places to work in Bangladesh for 2024. These leading organizations are celebrated for their exceptional commitment to employee well-being, innovation, and the creation of people-first workplace cultures. Foodpanda, a leading online food delivery platform, has earned the top spot in Bangladesh for its dedication to fostering a work environment where employees are empowered, supported, and encouraged to thrive. The company’s emphasis on work-life balance, growth opportunities, and a collaborative atmosphere has set a new benchmark for excellence in the region. In addition to its people-first initiatives, Foodpanda has invested heavily in modern workplace technologies, employee recognition programs, and regular feedback mechanisms. These efforts ensure continuous improvement and a workplace where employees feel heard and appreciated. Foodpanda’s commitment to driving employee engagement, building a diverse and inclusive workplace, and offering personal and professional growth has contributed to its success as the number one employer in the country. Novo Nordisk, a global healthcare leader, secured the second position for its focus on employee well-being and professional development. The company has built a people-centric culture that emphasizes innovation, inclusion, and flexibility, ensuring that its employees feel valued and motivated to excel. Furthermore, Novo Nordisk has introduced comprehensive wellness programs, mental health support, and initiatives promoting gender equity and sustainability within the workplace. These efforts reflect the company’s long-standing mission to create a positive and enriching environment for its workforce. Novo Nordisk offers continuous opportunities for growth and development, empowering its workforce to achieve both personal and professional success. Its commitment to fostering a balanced and supportive work environment has earned it a place among the top employers in Bangladesh. These two companies have set exceptional standards for workplace excellence in Bangladesh, providing environments where employees are valued, supported, and motivated to contribute to organizational success. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement. Best Places to Work Best Places to Work is an international certification program recognized for identifying top workplaces worldwide. The program helps organizations benchmark their HR practices, improve employee satisfaction, and celebrate outstanding employee experiences. For more information, visit: www.bestplacestoworkfor.org

Media OutReach

Top 2 Best Places to Work in Bangladesh for 2024 Revealed

DHAKA, BANGLADESH – Media OutReach Newswire – 10 January 2025 – The Best Places to Work certification program has recognized Foodpanda and Novo Nordisk as the top two best places to work in Bangladesh for 2024. These leading organizations are celebrated for their exceptional commitment to employee well-being, innovation, and the creation of people-first workplace cultures. Foodpanda, a leading online food delivery platform, has earned the top spot in Bangladesh for its dedication to fostering a work environment where employees are empowered, supported, and encouraged to thrive. The company’s emphasis on work-life balance, growth opportunities, and a collaborative atmosphere has set a new benchmark for excellence in the region. In addition to its people-first initiatives, Foodpanda has invested heavily in modern workplace technologies, employee recognition programs, and regular feedback mechanisms. These efforts ensure continuous improvement and a workplace where employees feel heard and appreciated. Foodpanda’s commitment to driving employee engagement, building a diverse and inclusive workplace, and offering personal and professional growth has contributed to its success as the number one employer in the country. Novo Nordisk, a global healthcare leader, secured the second position for its focus on employee well-being and professional development. The company has built a people-centric culture that emphasizes innovation, inclusion, and flexibility, ensuring that its employees feel valued and motivated to excel. Furthermore, Novo Nordisk has introduced comprehensive wellness programs, mental health support, and initiatives promoting gender equity and sustainability within the workplace. These efforts reflect the company’s long-standing mission to create a positive and enriching environment for its workforce. Novo Nordisk offers continuous opportunities for growth and development, empowering its workforce to achieve both personal and professional success. Its commitment to fostering a balanced and supportive work environment has earned it a place among the top employers in Bangladesh. These two companies have set exceptional standards for workplace excellence in Bangladesh, providing environments where employees are valued, supported, and motivated to contribute to organizational success. Hashtag: #BestPlacesToWork The issuer is solely responsible for the content of this announcement. Best Places to Work Best Places to Work is an international certification program recognized for identifying top workplaces worldwide. The program helps organizations benchmark their HR practices, improve employee satisfaction, and celebrate outstanding employee experiences. For more information, visit: www.bestplacestoworkfor.org

News, Property

Arte Corp Partners with COBNB for Short-Term Stays at Arte Solaris, Mont Kiara

KUALA LUMPUR: Arte Corp Malaysia, a leading name in iconic property development, has announced a strategic partnership with COBNB Malaysia, a luxury short-term stay operator, to manage serviced apartments at its iconic Arte Solaris development in Mont Kiara. This collaboration comes as Malaysia experiences robust growth in its tourism sector. According to the Ministry of Tourism, Arts, and Culture Malaysia (MOTAC), the country welcomed over 15 million international visitors in 2023, contributing RM50 billion to the economy. With the government targeting 20 million international arrivals by 2025, initiatives under the National Tourism Policy 2020–2030 emphasize embracing smart tourism, promoting experiential travel, and positioning Malaysia as a premier destination for premium hospitality services.   A Fusion of Luxury Design and Hospitality Expertise This partnership promises to redefine luxury living and hospitality in Mont Kiara, merging Arte Corp’s architectural brilliance with COBNB’s hospitality expertise. Arte Solaris, celebrated for its modern design and opulence, will provide seamless short-term accommodation options for travelers, expatriates, and corporate clients alike. With Arte Solaris close proximity to MITEC, this also makes it a great choice for visitors to various events and exhibition attendees. Arte Corp’s latest project, Arte Solaris, is a palatial themed development which comprises of 433 units of Office Suites and 170 units of Serviced Apartments. The project’s Gross Development Value (GDV) is RM460 million and is slated for completion in Q4 2026. Nestled in the prime location of Solaris Mont Kiara, the development promises flexible unit layouts and a suite of premium amenities, setting a new standard of luxury living in the area. “We are thrilled to partner with COBNB Malaysia,” said Joan Goh, Head of Sales and Marketing of Arte Corp “Their exceptional track record in managing high-quality short-term stays perfectly aligns with our vision to craft unique lifestyle experiences at Arte Solaris. Together, we aim to deliver optimum return to our investors and create a truly differentiated development in the market.” COBNB Malaysia: Elevating Guest Experiences COBNB Malaysia has established itself as a leader in managing luxury properties with a focus on optimizing returns for property owners and ensuring exceptional guest experiences.  Glenn Wong, Co-Founder of COBNB Malaysia, expressed his enthusiasm for the collaboration: “Arte Solaris represents the pinnacle of luxury and innovation, and we are honored to bring our expertise to this landmark project. Today’s travelers seek experiences that inspire and Arte Solaris stands out with its breathtaking architecture, reminiscent of a modern-day Vatican City, surrounded by palatial art and intricate sculptures.” For more information about Arte Solaris and COBNB Malaysia, please visit https://www.artecorp.com.my/  and https://www.cobnb.com.my/ .

Media OutReach

Results of the IX Digital Asset Industry Classification System (“DAICS®”) 2024 2H Review

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2nd Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; for Asset Backed Tokens: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch (Appendix 1). The results are as follows: a) Cryptocurrencies i) Structure and definitions Tier 1: Industry Changes The industry groups remain unchanged with 5 industries. The industry names and definitions also remain unchanged. 1) Payment (110) 2) Infrastructure (120) 3) Financial services (130), 4) Tech & Data (140) and 5) Media & Entertainment (150). Tier 2: Sector Changes The number of sectors remain unchanged with 16 sectors. There is no modification in Sector names as well as the definition of the sectors. ii) Classification Changes No Change iii) Green coins label There are 9 Greens coins in this review, labelled green in the following table: Energy Efficient Consensus Mechanism (Pos, PoH, PoA, Hashgraph) Renewable Energy Use Payment Ethena USDeG (New) FDUSDG (New) NIL Infrastructure (120) NIL SOLG VETG Financial Services (130) LEOG (New) OKBG (New) NIL Tech & Data (140) NIL NIL Media & Entertainment (150) PEPEG (New) WIFG (New) IMXG NIL iii) Coverage of DAICS® DAICS® coin coverage: top 50 coins by average market capitalization across past 90 days. DAICS® market capitalization coverage: 89.32%* The % coverage of market capitalization of the 50th ranked coin: 0.0802% Member changes within the TOP 50 coins in DAICS®: 5 coins in and 6 coins out. (For more details about the industry weighting and the 6 changes, please see Appendix 4) *As of 9th December 2024, based on past 90 days market capitalization ranking including all coins* (exclude Wrapped coins and Decentralized Autonomous Organization (DAO) governance tokens) Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability * * (For details on Industry & Sector definitions under DAICS®, please refer to Appendix 2 & 3) b) Asset Backed Tokens (ABT) i) Structure and definitions Tier 1: Asset Types Changes The asset types remain unchanged at 6 1) Culture (205), 2) Real Estate (215), 3) Financials (235), 4) Entertainment (255), 5) Natural Resources (265), and 6) Green Economy (275) Tier 2: Branch Changes The branches remain unchanged at 31. (For details on Asset types and Branches, please refer to Appendix 3). ii) Classification Changes Nil iii) Coverage of DAICS® IX Asia Indexes has not started to classify any ABT. ABTs will be added to DAICS® in the next stage when a fair amount of popular asset-backed tokens are available in the market. A new ABT registry will be made available to the public. Although there has been an increase in the number of ABTs, ABTs only comprised 0.106% of the total market capitalization of digital assets. A classification summary and definition table are available at Appendix 5 & 6. For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html. All classification changes including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index will take effect on 17th January 2025. For more details on our DAICS® qualification criteria, please email [email protected]. For the diagrams in Appendix 1-3, please refer to https://ix-index.com/daics.html. Appendix 4 In and out in DAICS® Top 50 cryptos In Out 1. Sui (SUI) THORChain (THOR) 2. Artificial Superintelligence Alliance (FET) Lido DAO (LDO) 3. Ethena USDe (USDeG) Arweave (AR) 4. Aave (AAVE) The Graph (GRT) 5. Fantom (FTM) Theta Network (THETA) 6. – Maker DAO (MKR) Sector Weighting of the Classification System** Industry Weighting (%) Payment 70.406% Infrastructure 22.616% Financial Services 4.235% Tech & Data 0.541% Media & Entertainment 2.203% *Special Currency Treatment of DAICS® applies **Based on 9th Dec 2024 G: Green Label Appendix 5 Classification of top 50 coins by Market Capitalization Category Industry Sector Cryptocurrencies Cryptocurrencies Payment: Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins. Transaction & Payment BTC XRP BCH LTC XLM KAS CRO XMR Stablecoin USDT USDC DAI USDeG FDUSDG Infrastructure: Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc Application Development Protocol & Smart Contract ETH SOLG ADA TRX TON AVAX SUI NEAR APT ICP HBAR ETC VETG INJ FTM Interoperability DOT LINK ATOM Scaling & Sharding POL STX MNT ARB OP Supporting System Nil Financial services: Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services Exchange Tokens BNB LEOG UNI OKBG Lending & Borrowing AAVE Staking Nil Tech & Data: Provision of data management and storage, and development of innovative crypto technology Storage & Sharing FIL RENDER Data Management Nil Artificial Intelligence TAO FET Media & Entertainment: Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles Social Media & Community DOGE WIFG SHIB PEPEG Streaming NIL Gaming IMXG Metaverse NIL Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability Appendix 6 IX Digital Asset Industry and Sector Classification System (“DAICS®“) Category Industry Sector Sector definition Cryptocurrencies (1) Payment: (110) Definition Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins. Transaction & Payment (11010) Cryptocurrencies that are used for store of value, unit of account, medium of exchange Stablecoin (11020) Cryptocurrencies where price is pegged to a / a basket of, reference asset Infrastructure: (120) Definition Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed

Media OutReach

Results of the IX Digital Asset Industry Classification System (“DAICS®”) 2024 2H Review

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2nd Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; for Asset Backed Tokens: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch (Appendix 1). The results are as follows: a) Cryptocurrencies i) Structure and definitions Tier 1: Industry Changes The industry groups remain unchanged with 5 industries. The industry names and definitions also remain unchanged. 1) Payment (110) 2) Infrastructure (120) 3) Financial services (130), 4) Tech & Data (140) and 5) Media & Entertainment (150). Tier 2: Sector Changes The number of sectors remain unchanged with 16 sectors. There is no modification in Sector names as well as the definition of the sectors. ii) Classification Changes No Change iii) Green coins label There are 9 Greens coins in this review, labelled green in the following table: Energy Efficient Consensus Mechanism (Pos, PoH, PoA, Hashgraph) Renewable Energy Use Payment Ethena USDeG (New) FDUSDG (New) NIL Infrastructure (120) NIL SOLG VETG Financial Services (130) LEOG (New) OKBG (New) NIL Tech & Data (140) NIL NIL Media & Entertainment (150) PEPEG (New) WIFG (New) IMXG NIL iii) Coverage of DAICS® DAICS® coin coverage: top 50 coins by average market capitalization across past 90 days. DAICS® market capitalization coverage: 89.32%* The % coverage of market capitalization of the 50th ranked coin: 0.0802% Member changes within the TOP 50 coins in DAICS®: 5 coins in and 6 coins out. (For more details about the industry weighting and the 6 changes, please see Appendix 4) *As of 9th December 2024, based on past 90 days market capitalization ranking including all coins* (exclude Wrapped coins and Decentralized Autonomous Organization (DAO) governance tokens) Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability * * (For details on Industry & Sector definitions under DAICS®, please refer to Appendix 2 & 3) b) Asset Backed Tokens (ABT) i) Structure and definitions Tier 1: Asset Types Changes The asset types remain unchanged at 6 1) Culture (205), 2) Real Estate (215), 3) Financials (235), 4) Entertainment (255), 5) Natural Resources (265), and 6) Green Economy (275) Tier 2: Branch Changes The branches remain unchanged at 31. (For details on Asset types and Branches, please refer to Appendix 3). ii) Classification Changes Nil iii) Coverage of DAICS® IX Asia Indexes has not started to classify any ABT. ABTs will be added to DAICS® in the next stage when a fair amount of popular asset-backed tokens are available in the market. A new ABT registry will be made available to the public. Although there has been an increase in the number of ABTs, ABTs only comprised 0.106% of the total market capitalization of digital assets. A classification summary and definition table are available at Appendix 5 & 6. For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html. All classification changes including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index will take effect on 17th January 2025. For more details on our DAICS® qualification criteria, please email [email protected]. For the diagrams in Appendix 1-3, please refer to https://ix-index.com/daics.html. Appendix 4 In and out in DAICS® Top 50 cryptos In Out 1. Sui (SUI) THORChain (THOR) 2. Artificial Superintelligence Alliance (FET) Lido DAO (LDO) 3. Ethena USDe (USDeG) Arweave (AR) 4. Aave (AAVE) The Graph (GRT) 5. Fantom (FTM) Theta Network (THETA) 6. – Maker DAO (MKR) Sector Weighting of the Classification System** Industry Weighting (%) Payment 70.406% Infrastructure 22.616% Financial Services 4.235% Tech & Data 0.541% Media & Entertainment 2.203% *Special Currency Treatment of DAICS® applies **Based on 9th Dec 2024 G: Green Label Appendix 5 Classification of top 50 coins by Market Capitalization Category Industry Sector Cryptocurrencies Cryptocurrencies Payment: Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins. Transaction & Payment BTC XRP BCH LTC XLM KAS CRO XMR Stablecoin USDT USDC DAI USDeG FDUSDG Infrastructure: Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc Application Development Protocol & Smart Contract ETH SOLG ADA TRX TON AVAX SUI NEAR APT ICP HBAR ETC VETG INJ FTM Interoperability DOT LINK ATOM Scaling & Sharding POL STX MNT ARB OP Supporting System Nil Financial services: Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services Exchange Tokens BNB LEOG UNI OKBG Lending & Borrowing AAVE Staking Nil Tech & Data: Provision of data management and storage, and development of innovative crypto technology Storage & Sharing FIL RENDER Data Management Nil Artificial Intelligence TAO FET Media & Entertainment: Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles Social Media & Community DOGE WIFG SHIB PEPEG Streaming NIL Gaming IMXG Metaverse NIL Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability Appendix 6 IX Digital Asset Industry and Sector Classification System (“DAICS®“) Category Industry Sector Sector definition Cryptocurrencies (1) Payment: (110) Definition Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins. Transaction & Payment (11010) Cryptocurrencies that are used for store of value, unit of account, medium of exchange Stablecoin (11020) Cryptocurrencies where price is pegged to a / a basket of, reference asset Infrastructure: (120) Definition Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed

Media OutReach

Results of the ixCrypto Index Series Quarterly Review (2024 Q4) & IX Digital Asset Industry Index Series Half Yearly Review (2024 2H)

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2024 4th quarter review of ixCrypto Index Series and IX Digital Asset Industry Index Series. The constituent changes will be effective on 17th January 2025 (Friday). The results of the constituent review and exchange review are as follows: 1. Constituent Review – ixCrypto Index Series 1.1 ixCrypto Index (“IXCI”) The number of constituents will remain unchanged at 19 constituents with 2 additions and 2 deletions. Additions 1. Stellar 2. Sui Deletions 1. Aptos 2. Polygon After the change, the free float adjusted market capitalization coverage is 82.62%*, while the 90-day-average volume is 77.39%* (excluding stable coin which has 6.21% of the total crypto universe). The constituents change above and recapping at 40% will be effective on 17 January 2025 (Friday). Since the last review, there has been an increase in the crypto total market capitalization from USD2.17tn to USD2.89tn (+33.18%)#, and a increase in the daily volume from USD71.42bn to USD152.20bn (+113.11%)#. Bitcoin remains as the largest crypto in the constituent list, with its price has increased by 41.15% since the last review. 1.2 ixCrypto Portfolio Indexes 1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”) Addition No addition Deletion No deletion 1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”). Addition No addition Deletion No deletion 1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”). Addition 1. Chainlink Deletion 1. Polkadot 1.3 ixCrypto BTC/ETH Indexes As of 31st December 2024, the market capitalization represented by the two indexes IX Bitcoin Index (IXBI) and IX Ethereum Index (IXEI) in ixCrypto BTC/ETH 5050 Index (“IX5050”) was 40.99%/59.01% respectively, a change from 43.69%/56.31% from 30th September 2024. As of 31st December 2024, the market capitalization represented by the two indexes IXBI and IXEI in ixCrypto BTC/ETH Proportional Index (“IXPI”) was 43.69%/56.31% respectively, a change from 40.99%/59.01% from 30th September 2024. The weight of IXBI & IXEI will be adjusted to 81.60%/18.40% respectively, at effective date 17th January 2025 from 78.19%/21.81% on 18th October 2024 (last effective date). 2. Constituent Review- IX Digital Asset Industry Index Series 2.1 ixCrypto Stablecoin Index The number of constituents will increase to 5 with 1 addition and no deletion. Stable coin comprises 6.21% of the total crypto universe, and ixCrypto Stablecoin Index covers around 99.26% of the 90-day average market capitalization in stablecoin universe. Addition 1. Ethena USDe Deletion No deletion 2.2 ixCrypto Infrastructure Index The number of constituents will increase to 23 constituents, with 2 additions and no deletions. Additions 1.Sui 2. Fantom Deletion No deletion 3. Exchange Review As a result of exchange review, 10 exchanges passed the review process, which are as follows: Passed Exchanges 1. Binance 2. Bitrue (New) 3. Bybit (New) 4. Upbit 5. Whitebit 6. Coinbase Advanced 7. OKEX 8. Gate.io 9. DigiFinex 10. Bitget Removed Exchanges 1. P2PB2P 2. Huobi Global The selected 10 exchanges will be taken to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checking, founders’ background checking, USD/USDT/USDC/BTC pairs coverage, overconcentration rules, exchange API coverage checking and stability etc for an exchange. After the meeting, IX Asia Indexes announces that the IX Asia Indexes will adopt a revised exchange selection methodology to reduce the number of selected exchanges from 10 to 8. This means each index constituent’s price will be an average of 8 instead of 10. This change has been approved by the IX Asia Indexes Index Advisory Committee and will take effect together with the next quarter’s review effective date in April 2025. The revision aims to raise the data stability and exchanges credit ratings that already have high market volume coverage. This strategic update reinforces our commitment to providing accurate, reliable, and high-quality benchmarks for the digital asset market. For more details about our exchange selection criteria, please email [email protected] More details about the ixCrypto index, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/ *Exclude stable coins and exchange coins (based on conflict-of-interest rule methodology effective Oct 2, 2020) #As of 31 December 2024, based on past 90 days average Appendix 1 ixCrypto Index (“IXCI”) Universe All crypto coins traded in at least two different exchanges around the world Selection Criteria Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume Number of Constituents Variable/19 in Q4 2024 Launch Date 12th December 2018 Base Date 3rd December 2018 Base Value 1,000 Reconstitution Rule If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening. Reconstitution and Rebalancing Frequency Quarterly and with a fast entry rule Weighting Methodology Free float adjusted market capitalization weighted with a cap of 40% Currency US Dollar Dissemination Every 5 seconds for 24×7 Website https://ix-index.com/ Appendix 2 Crypto 90-day-average- Market Cap 90-day-average-volume * Cut-off Price Cumulative Market Coverage before Cap Weighting (%) After 40% Cap# 1 Bitcoin $ 1,653,346,686,963 $55,700,564,812 92643.21 57.19% 40.00% 2 Ethereum $ 372,904,493,611 $28,923,854,773 3356.39 70.09% 28.97% 3 Solana $ 92,517,695,642 $4,696,383,712 191.03 73.29% 6.57% 4 XRP $ 73,519,084,861 $8,093,922,867 2.06 75.84% 8.46% 5 Dogecoin $ 40,671,209,916 $5,987,716,000 0.31 77.24% 3.31% 6 Cardano $ 24,222,742,887 $1,588,004,259 0.86 78.08% 2.17% 7 TRON $ 17,918,987,041 $1,106,336,563 0.25 78.70% 1.56% 8 Avalanche $ 14,453,177,241 $752,645,851 35.91 79.20% 1.05% 9 Toncoin $ 14,198,145,889 $326,520,961 5.58 79.69% 1.02% 10 Shiba Inu $ 13,201,346,341 $1,259,766,322 0.00 80.15% 0.89% 11 Chainlink $ 10,523,400,832 $951,515,621 20.58 80.51% 0.94% 12 Polkadot $ 9,415,826,014 $570,815,666 6.70 80.84% 0.74% 13 Sui $ 8,871,169,768 $1,522,100,374 4.18 81.15% 0.88% 14 Bitcoin Cash $ 8,574,389,714 $566,961,600 443.34 81.44% 0.63% 15 Stellar

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