Dubai, UAE, September 26th, 2025, Chainwire
From Ethereum Correction to Presale Diversification: Spotlight on Pepeto
Pepeto (PEPETO), a meme coin presale built on Ethereum, has raised more than $6.8 million as of September 25, 2025. The project combines elements of meme culture with infrastructure-backed utility.
According to the team, Ethereum’s recent pullback has underscored the cyclical nature of cryptocurrency markets. During such periods some investors shift from established assets toward early presale projects within the Ethereum ecosystem. Pepeto has emerged as one of the projects currently attracting attention under these conditions.
Ethereum’s Pullback
Ethereum experienced notable selling pressure in late September as more than $1.8B in crypto positions were liquidated, including $210M linked to ETH. The unsuccessful attempt to surpass the $4,500 resistance level on September 23 contributed to a series of liquidations, amplified by high leverage with funding rates at -0.0358%. This brought ETH below $4,100, while daily trading volumes increased 18% to $41.6B, indicating heightened short-term activity.
Market sentiment was further affected when Grayscale’s Ethereum Trust recorded $196.6M in outflows on September 24, following three weeks of consistent inflows, suggesting profit-taking after ETH’s 63% 90-day advance. ETFs continue to collectively hold 6.3M ETH valued at about $25B, reflecting sustained institutional exposure.
Pepeto Presale Surpasses $6.8M Backed by Demo Exchange Launch
Pepeto has raised more than $6.8M in its presale as of September 25, 2025. The announcement followed the release of a zero-fee demo exchange developed to support meme projects expected to launch in 2025. The demonstration of platform functionality, rather than reliance solely on branding, has distinguished Pepeto within the broader crypto meme coin sector.
The presale price is $0.000000155, with each stage introducing incremental increases. Participants also have the option to access staking rewards of 225% APY, structured to encourage longer-term holding during current market conditions.
Security and Transparency: Audited and Community Driven
Pepeto has been successfully audited by SolidProof and Coinsult. The team is fully doxxed, communicates regularly via social platforms, and has already launched a working demo exchange, a notable difference from meme projects that often launch without utility.
Pepeto Price Outlook 2025 Exchange Listings 420T Supply and Project Narrative
Pepeto’s team has confirmed that Tier 1 exchange listings are in progress, with announcements expected ahead of the project’s public launch. What sets Pepeto apart is not only its Ethereum foundation, audited structure, staking model, and meme-coin culture, but also the story embedded in its name.
With its combination of cultural narrative and real infrastructure, Pepeto is positioning itself for visibility and hype in 2025.
About Pepeto
Pepeto is an Ethereum-based meme coin project that combines speed, utility, and community culture into a growing crypto ecosystem. Backed by real tools, a working zero-fee demo exchange, and a transparent roadmap, it aims to bring lasting value to the meme coin space.
Disclaimer:
The Pepeto presale is live. Participation is available through the official website: https://pepeto.io. As the listing approaches, some unauthorized platforms may attempt to misuse the Pepeto name. Verification of sources is strongly advised.
Website: https://pepeto.io
Telegram: https://t.me/pepeto_channel
Contact
COO
Daniel B
contact@pepeto.io
Bucharest, Romania, September 26th, 2025, Chainwire
LYS Labs, the Web3 data infrastructure company building the intelligence layer for machine finance on Solana, today announced a series of significant milestones that underscore its rapid growth and adoption. The company is expanding its data capabilities and gearing up to introduce a new trading product on Solana, LYS Flash, aiming to optimize transaction execution.
LYS Labs recently announced its seed round with participation from Alchemy Ventures, Auros Global, and Frachtis, among others, expanded its ecosystem through integrations with QuickNode, and joined the Chainlink Build on Solana Program. The company has also launched new developer-facing initiatives that are already driving significant traction.
Phase 1 of LYS Development has been completed, with its ultra-low latency, structured Solana data now available to the public. Additionally, its aggregated data is in testnet with a few selected partners.
For Phase 2, LYS Labs will release a new product that complements its stack, aimed at Solana traders. Execution on Solana can be complex: every DEX has its own contract quirks, associated token account logic, and fee structures. Priority fees, bribes, and MEV protection require careful tuning to avoid failed transactions or suboptimal fills. LYS Flash smart relay engine abstracts this complexity away, enabling machines to get from signal to settlement in under 36 milliseconds.
QuickNode Integration: Latency as Low as 14ms
As part of Phase 1, LYS Labs integrated with QuickNode Marketplace, where it now delivers structured Solana data with latency as low as 14 milliseconds. Traders and developers can access wallet flows, token insights, and liquidity events from Solana’s largest DEXes and launchpads like Meteora, Raydium, Pump, Bonk, and others directly through the QuickNode Marketplace. This gives builders near-real-time access to event-driven data pipelines, closing the gap between analysis and execution.
Chainlink Build on Solana
LYS Labs is also joining the Chainlink Build on Solana Program, a Chainlink initiative focused on builders on Solana. By collaborating with Chainlink, LYS Labs gains enhanced technical support, cryptoeconomic security, and access to new dApp integrations.
Andra Nicolau, LYS Labs co-founder commented: “We are very lucky to have such a great and supportive team at Chainlink Labs helping us accelerate our vision. We’ve only joined a few weeks ago, and we are already seeing massive value added through our collaboration with them. We have an exciting integration roadmap ahead and believe our synergies can change the game for their Solana efforts”.
Developer Ecosystem Momentum
The launch of the LYS Developer Portal and LYS Builders Program has generated strong early traction, with hundreds of developers gaining direct access to APIs, structured datasets, and community support. In its first month alone, LYS Labs recorded over 620 active users, 16B events processed and, and 14+ TB of data transferred, a strong signal of market demand for structured blockchain data on Solana. Demand for LYS Flash is also lining up.
Leadership with Proven Impact
LYS Labs co-founder, Marian Oancea, a veteran builder who coded the original Ethereum crowdsale contract in 2014 and later developed Ethstats.dev to make Ethereum’s state more transparent. Reflecting on his journey, Marian commented:
“We started off attempting to make Solana’s data usable. Given the large number of transactions per block, it is difficult for most users to access clean, useful data so we wanted to fix that as a first step. Organically, once you have near-instant alpha, the immediate thing you want to do is execute, which is why we are building LYS Flash, which can land transactions in 1ms, and users will be able to get from alpha to settlement in 36ms.”
The Operating System for Internet Capital Markets
LYS Labs’ mission is to become the operating system for the machines powering automated global finance. It’s stack transforms raw blockchain events into contextualized, AI-ready insights and optimizes execution, thus enabling traders, protocols, and autonomous agents to execute strategies at the speed of the chain. By delivering consistency, semantic structure, and reliability at scale, LYS Labs is laying the foundation for the next generation of programmable finance.
About LYS Labs
LYS Labs is building the operating system that powers automated global finance on Solana, featuring contextualized AI-ready insights and a smart execution engine.
Media & Contact
Website: https://lyslabs.ai
Twitter: https://x.com/LYS_Labs
Blog: https://substack.com/@lyslabs
Press Contact: hello@lyslabs.ai
Contact
Co-founder
Andra Nicolau
LYS Labs
ax@lys.xyz
New York, United States of America, September 26th, 2025, Chainwire
Gladiator Arena: ROI Trading Competition
Dexari, the mobile first self-custodial trading platform powered by Hyperliquid, announces the Gladiator Arena: ROI Trading Competition, a month-long trading competition that begins October 1st. Rankings are determined only by the return on investment, so performance takes center stage. The structure is designed to be simple for newcomers, while giving experienced traders a clear arena to compete at the highest level.
The prize pool opens at $100,000 USDC and increases by $50,000 USDC for every $1 billion in total contest trading volume, up to a maximum of $1 million for the prize pool. First place will receive 35% of the total prize pool, which can scale to as much as $350,000 USDC as volume increases.
There is no entry fee. Eligible traders will earn 2x Dexari Points throughout the competition period. In addition to the main prize pool, participants can unlock side rewards from Hyperliquid ecosystem partners, including Hyperliquid Names, Hypio, PiP, Pear Protocol, Otties, Locals Only, Hyperpie, and Racks.win, creating even more opportunities to win. Traders can join the competition by downloading the Dexari app and signing up here. Detailed terms are available in the app at Competition signup.
“Dexari is about bringing professional-grade trading features to users through an easy-to-use self-custodial mobile app,” says Chuck Bradford, CEO and Co Founder of Dexari. “With the Gladiator Arena: ROI Trading Competition, traders have a clear stage to showcase performance, while affiliates can empower their communities to participate and grow alongside us.”
Affiliate Program Launching With The Competition
Dexari’s affiliate program will launch with the Competition, enabling communities to grow and earn as they compete. Affiliates can receive up to 80% of Dexari trading fees from referred users via a two-layer referral system, and the referrer of the competition’s top trader will be awarded $10,000 USDC.
The intent is clear: Participants are encouraged to bring their network into the competition, assist them in starting to trade on Dexari, and share in the lifetime fees they generate. Rewards are claimable within the app, with transparent tracking of referral activity, trading volumes, commissions earned, and tier status.
To join the Dexari Affiliate Program, interested users can apply here.
Dexari Product Momentum
Since launching in the App Store and Play Store on July 23rd, 2025, Dexari has processed more than $1.5 billion in cumulative trading volume with over 150,000 total orders placed.
Dexari will be on the ground to meet traders, affiliates, and partners at Token 2049 in Singapore from September 30th to October 3rd, and DevConnect in Argentina from November 12th – 17th.
About Dexari
Dexari is a mobile first self custodial trading platform powered by Hyperliquid. Available on iOS and Android, it brings on chain trading with cross chain portfolio management and real time analytics. It supports on the go execution on Hyperliquid and offers zero gas fees, multi chain access, and account abstraction with two factor authentication for added security. The product lineup includes a live orderbook, professional TradingView charts and indicators, and advanced order types such as Limit, Stop, Take Profit and Stop Loss, TWAP, and Scale orders. Fees start at 0.01%, delivering a CEX-like experience while preserving self-custody.
For more information about Dexari, users can visit:
Website: dexari.com | Discord: discord.gg/dexari | X: twitter.com/dexaridotcom
Contact
Head of Growth
Russell Shen
Dexari
press@dexari.com
PROVIDENCIALES, Turks and Caicos Islands, September 25th, 2025, Chainwire
KuCoin, a leading global crypto platform built on trust, today announced that it has formally appealed a recent decision by the Director of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) that upheld a Notice of Violation issued on March 31, 2025, along with a significant monetary penalty.
While the company respects regulatory compliance, KuCoin strongly disagrees with both the findings and the penalty. The exchange maintains that it should not be classified as a Foreign Money Services Business under Canadian law and considers the fine to be excessive and punitive.
KuCoin has exercised its statutory right by appealing the decision before the Federal Court of Canada, citing both substantive and procedural grounds.
“KuCoin has always strived to work constructively with regulators worldwide,” said BC Wong, CEO of KuCoin. “We disagree with this decision on both substantive and procedural grounds, and we have pursued all available legal avenues to ensure a fair outcome for KuCoin. As always, we remain fully committed to transparent operations and compliance with all applicable laws.”
The appeal process provides KuCoin the opportunity to challenge the determination in a formal legal setting. The company views this as a critical step toward achieving regulatory clarity and fair treatment for global digital asset platforms.
KuCoin emphasized that users will see no change in the company’s commitment to their security, transparency, and service during the legal proceedings. The company will continue to safeguard user assets, operate in compliance with all applicable laws, and keep its community informed throughout the process.
About KuCoin
Founded in 2017, KuCoin is a leading global crypto platform built on trust, serving over 40 million users across 200+ countries and regions. With established recognition for its reliability, the platform leverages cutting-edge blockchain technology, robust liquidity solutions, and advanced user account protections to deliver a secure trading environment. KuCoin offers access to 1,000+ digital assets and solutions, including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications and is committed to security, compliance, and innovation under the leadership of CEO BC Wong.
Contact
KuCoin Media Team
media@kucoin.com
APIA, Samoa, Sept. 25, 2025 /PRNewswire/ — Phemex, the most efficient crypto exchange, has launched a fully redesigned Phemex Blog aimed at providing richer insights and a more intuitive reading experience for its global community. The platform refresh reflects Phemex’s commitment not only to trading innovation but also to delivering timely, high-quality knowledge that empowers its users.
The new Blog introduces curated article recommendations, streamlined navigation, and a modern interface that emphasizes clarity and accessibility. Content is now organized into several core sections: Market Insights, covering industry developments and project trends; Phemex Products, offering updates and feature highlights; Research, delivering in-depth market and trading analysis; Leadership, showcasing perspectives from Phemex experts; Events, summarizing key moments from global gatherings; and PR, sharing official company announcements. Together, these sections create a structured resource designed to help readers make more informed decisions.
A key part of the revamp is its upgraded visual identity. Cleaner layouts, refined color schemes, and modern typography aim to reduce friction and improve readability. Functional improvements complement these design updates: each article now features a Table of Contents and concise summary to give readers a quick overview, while related-article recommendations and tags allow seamless exploration of connected themes. These features ensure that users can discover, consume, and revisit relevant content more efficiently.
Phemex CEO Federico Variola described the redesign as aligned with the exchange’s broader philosophy: “Just as we focus on optimizing capital efficiency in trading, we also want to optimize how our users access information. The new Blog makes insights more structured and accessible, enabling our community to navigate markets with greater clarity and confidence.”
The blog revamp follows the recent launch of the newly designed Phemex Academy, which focuses more on structured learning. Together, they create a comprehensive ecosystem for learning, from foundational education to advanced market perspectives.
About Phemex
Founded in 2019, Phemex is the most efficient crypto exchange trusted by over 6 million traders worldwide. The platform offers spot and derivatives trading, copy trading, and wealth management products that combine seamless functionality with institutional-grade security. Known for its reliability and innovative edge, Phemex stands out for prioritizing user experience and transparency in an industry where trust is essential.
For more information, please visit: https://phemex.com/
Hong Kong, Hong Kong, September 25th, 2025, Chainwire
T-REX, a new data and engagement infrastructure for Web3 building on Arbitrum, today announced the launch of its platform aimed at addressing one of the industry’s most persistent challenges: inefficient value distribution.
With $17 million from investors, including Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures, and Portal Ventures, T-REX introduces an “intelligence layer” for Web3, a data-driven system designed to connect projects with users more effectively, strengthen community growth, and improve the long-term health of token ecosystems.
Misaligned Incentives in Web3
Crypto’s technical foundations have evolved rapidly, with faster chains, lower fees, and scalable settlement. But the distribution of value, including the flow of incentives, rewards, and attention, across Web3 remains structurally flawed.
Many token launches see early activity followed by steep declines in price and community engagement. Current mechanisms tend to over-reward short-term participants while overlooking genuine long-term contributors.
“Airdrops and point systems have become blunt instruments. They often attract mercenary actors rather than genuine participants, leading to high cost and weak retention,” said Joyce Yim, CEO and Cofounder of T-REX.
A Data-Driven Alternative
T-REX’s answer is the 5D Persona, a multi-dimensional, privacy-preserving profile that represents users across demographics, assets, social signals, interests, and knowledge. Unlike static DID solutions, these personas evolve with user behavior, creating a more accurate representation over time.
These profiles feed into the platform’s Intelligence Flywheel, a feedback loop that matches the right users to the right projects, calibrates incentive levels, and measures actual contribution. Outcomes are then fed back to refine future campaigns and activities, reducing fraud and increasing return on investment.
Differentiation in a Crowded Space
Identity and engagement tooling is a crowded corner of Web3, with decentralized identifiers (DIDs), questing platforms, and analytics providers competing for mindshare. T-REX positions itself as distinct by combining identity, attribution, and incentive distribution into a single compounding system.
“Most tools today focus on one piece of the puzzle — whether it’s identity verification or campaign management. We are building the infrastructure that connects them so that value can flow more efficiently across the entire ecosystem,” Joyce continued.
Rexy NFT: Proof of Contribution
As part of its ecosystem, T-REX plans to launch Rexy, a 3,333-piece NFT collection on Arbitrum, scheduled for release in October. Rexy is the first contribution-proof NFT, deeply integrated with T-REX’s core intelligence engine.
Rexy will not be publicly sold; instead, Rexy’s distribution logic is tied to the platform’s data systems. The Intelligence Flywheel continuously analyzes user personas to identify participants who have made significant, verifiable contributions to Web3 and closely align with the long-term ecosystem value.
The collection will be distributed via an invite-only whitelist to participants who have demonstrated significant contributions in Web3 or within the T-REX ecosystem.
T-REX describes this as a shift from NFTs as collectibles to NFTs as cultural markers of verified achievement.
About T-REX
T-REX is building a new data and engagement layer for Web3, designed to reshape value distribution across the entire ecosystem. Centered on multi-dimensional user personas and recommendation algorithms, T-REX provides an on-chain intelligence engine to address the structural inefficiencies that have long plagued Web3 economics.
Developed by EVG and supported by leading investors including Arbitrum Gaming Ventures, Framework Ventures, North Island Ventures, ArkStream Capital, Mindfulness Capital, and Portal Ventures, T-REX offers creators and developers a UX-first infrastructure with integrated discovery, rewards, and distribution features — empowering the users to participate, contribute, and build on-chain.
Website: https://trex.xyz
Twitter/X: https://x.com/TREX_chain
Contact
PR Manager
Kelvin Yeo
kelvin.yeo@evg.co
DUBAI, UAE, Sept. 24, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has unveiled a full upgrade of Mantle (MNT)‘s capacities across Bybit following its earlier announcement of the Mantle x Bybit Roadmap. This marks the completion of the Bybit and MNT ecosystem integration: MNT now connects the entire Bybit infrastructure across product lines and the boundless Mantleverse, establishing the token as a strategic asset for Bybit users and making Bybit the most natural marketplace for MNT investors.
MNT has experienced an explosive surge in recent months, culminating in key milestones that have positioned it as a dominant force in the Layer 2 ecosystem:
- Unstoppable all-time-high (ATH): MNT hit its latest ATH on September 23, 2025 at $1.88
- An 1,400% increase in number of daily active wallets in the past 30 days
- Became the first Optimism Stack Layer 2 to launch as a ZK Validity Rollup and the largest ZK Rollup chain by total value locked (TVL)
- Surpassing $2 billion in TVL
Building on evolving utilities, institutional adoption, and expanding integrations on the Bybit platform, the pioneering Ethereum Layer 2 infrastructure has reached new heights this summer. As of September 24, 2025, the MNT rally sent prices up by almost 60% in a month.
To celebrate the ecosystem activation, Bybit will host an exclusive livestream, “Your MNT Journey Starts Here: Get Your All-Access Pass to Bybit”, on September 26, 2025, at 8:00 AM UTC on Bybit Live’s official site. The interactive session will provide an all-you-need-to-know guidance on MNT acquisition strategies, cross-platform utilization, VIP benefit optimization, and ecosystem navigation for both new and old MNT supporters.
Platform-Wide MNT Activation
Encompassing institutional client benefits, new Advanced Earn product, “Mantle Pass” as the ultimate fast track to VIP, better rates for OTC purchases, and Bybit Card & Pay, MNT has evolved into an all-powerful booster meeting Bybit users every trading and spending need. The MNT ecosystem now operates as an integrated financial utility across Bybit’s wide range of services and offerings:
- Added Value for Holders: MNT renders more holding benefits or retail traders as well as institutional clients on Bybit, entailing enhanced leverages and higher capital efficiency for institutional traders, preferential rates for bulk trades with MNT on Bybit OTC, higher “MNT Pass value” than customer asset’s actual dollar value advancing them to the next VIP tier faster, and extra cashback for Bybit Card and Bybit Pay users.
- Savings All Around for Users: Using MNT on Bybit can entitle users to substantial savings up to 25% in trading fees. With the Bybit Card, conversion fees for MNT payments are currently waived. From now until October 23, 2025, trading fees are waived for 20 MNT-quoted spot trading pairs on Bybit including ETH/MNT, SOL/MNT, XRP/MNT and more.
- Earn Advantages: Bybit Earn has in store multiple ways for users to take advantage of Bybit’s exclusive MNT benefits. With Bybit Discount Earn, users stand to pay less for their MNT purchases at preset prices. Access has also been unlocked for fixed-term savings, enhanced token launch allocations, flexible savings, dual asset products, and liquidity mining.
Mantle Network powers next-generation Ethereum Layer 2 infrastructure designed for enterprise-grade performance and developer accessibility. The platform accelerates blockchain mainstream integration through strategic partnerships that transforms theoretical capabilities into practical financial applications.
The successful integration positions both organizations as pioneers in utility token evolution, showcasing how competitive Layer 2 infrastructure can level up delivery of tangible financial services. The implementation is a new chapter in practical integration that prioritizes user benefit, breaks silos, and connects like-minded communities.
Terms and conditions apply. Users can experience MNT’s full range of power on Bybit: Buy Mantle (MNT) on Bybit | Layer 2 token | DeFi, GameFi, RWA
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
VILNIUS, Lithuania, September 24th, 2025, Chainwire
BTCC, the world’s longest-serving crypto exchange, debuts its partnership video with its brand ambassador and NBA superstar Jaren Jackson Jr. Following the exchange’s partnership announcement with the Memphis Grizzlies forward in August 2025, this video represents a unique approach to authentic storytelling that bridges sports, music, and cryptocurrency trading.
Showcasing Jackson Jr.’s multi-dimensional identity as an elite NBA player, a music producer under his artist name Trip J, and a crypto trader, the video uniquely features his self-produced music from his 2025 EP “Zelle,” including the standout track “Imitate,” creating authentic content that reflects both the athlete’s creative versatility.
The video explores Jackson Jr.’s unique lifestyle through three distinct modes: day mode showcasing his basketball dominance, night mode highlighting his music production in his home studio, where he’s recorded over 150 tracks, and trading mode sharing his smart financial decisions through BTCC’s platform.
“This collaboration with Jaren Jackson Jr. goes far beyond typical sports sponsorship,” said Aaryn Ling, Head of Branding at BTCC Exchange. “We’re telling authentic stories that bring out the creative energy and multi-dimensional thinking that defines both JJJ’s approach to basketball and music, and BTCC’s fresh perspective on cryptocurrency trading.”
Building on this partnership, BTCC will launch the “JJJ Invites You to the Game” referral challenge starting September 25, 2025, offering 300,000 USDT in exclusive rewards to users who refer friends to deposit and trade on BTCC.
As part of its broader industry engagement, BTCC will also participate in TOKEN2049 Singapore and has launched a trading competition starting September 22, 2025, with prizes including an iPhone 17 Pro Max and a share of the 20,490 USDT prize pool, plus exclusive TOKEN2049 badges for BTCC users.
In further community initiatives, BTCC Exchange continues to demonstrate its commitment to social responsibility by sponsoring its third charity event of 2025, in collaboration with the Red Eagle Foundation, on October 9, featuring former Chelsea and England captain John Terry at the London Golf Club. This ongoing charitable partnership underscores BTCC’s commitment to community support beyond the cryptocurrency space.
About BTCC Exchange
Founded in 2011, BTCC is a leading global cryptocurrency exchange with the vision to make crypto trading reliable and accessible to everyone. With a strong presence in over 100 countries and regions and a user base of over 10 million, BTCC continues to deliver innovation, security, and an unmatched user experience in the cryptocurrency world.
As part of its commitment to connecting crypto with mainstream audiences, BTCC has partnered with 2023 Defensive Player of the Year and 2x NBA All-Star Jaren Jackson Jr. as its global brand ambassador, bridging the gap between traditional sports and cryptocurrencies.
Official website: https://www.btcc.com/en-US
Contact: press@btcc.com
Contact
Aaryn Ling
press@btcc.com
SINGAPORE, Sept. 24, 2025 /PRNewswire/ — ChainUp, a leading provider of B2B digital asset technology solutions, has been named Transaction Monitoring Solution Provider of the Year at the Asian Legal Business (ALB) Pan-Asian Regulatory Awards 2025, presented by Thomson Reuters. The award comes as regulators worldwide step up scrutiny of crypto transactions, underscoring the growing demand for stronger compliance frameworks in the digital asset sector.
Transaction monitoring, as a result, has evolved from a niche capability to a fundamental requirement for businesses operating in this space. ChainUp’s crypto intelligence solution directly addresses this industry shift by providing an institutional-grade platform designed to detect and prevent illicit activities. This enables businesses to operate with regulatory clarity and integrity, in alignment with global standards like those set by the Financial Action Task Force (FATF).
Sailor Zhong, Founder & CEO of ChainUp, emphasized this critical shift, stating, “Compliance technology is now a critical aspect of the digital asset industry with transaction monitoring no longer a value-add but a baseline requirement for responsible growth. Recognition from an award presented by Thomson Reuters affirms our role in enabling businesses to meet that standard with confidence, while positioning the industry to advance securely into its next phase of development.”
In addition to this significant win, ChainUp was also named a finalist for Virtual Asset Service Provider (VASP) Compliance Team of the Year, showcasing the company’s dual commitment to both technological innovation and operational excellence in compliance.
The ALB Pan Asian Regulatory Awards are judged by an independent panel of senior legal and industry experts and are widely regarded as a benchmark for excellence in compliance across Asia. ALB is owned by Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals.
About ChainUp
ChainUp, a leading global provider of digital asset solutions, empowers businesses to navigate the complexities of this evolving ecosystem. Founded in 2017 and headquartered in Singapore, ChainUp serves a diverse clientele, from Web3 companies to established financial institutions.
ChainUp’s comprehensive suite of solutions includes crypto exchange solutions, liquidity technology, white label MPC wallet, KYT crypto tracing analytics tool, asset tokenization, crypto asset management, and Web3 infrastructure such as mining, staking, and blockchain APIs. For more information, visit: https://www.chainup.com/.
Taren Point, Australia, September 23rd, 2025, Chainwire
Fitell Corporation (NASDAQ: FTEL) (“Fitell” or the “Company”), a global provider of fitness equipment and health solutions, today announced it has secured an up to $100M facility to support the launch of its Solana treasury strategy, marking the first Solana-based digital asset treasury in Australia.
Key Highlights
● DeFi and Yield Roadmap: Designed to generate outsized yields by deploying SOL assets across a diversified suite of on-chain DeFi and derivatives strategies. This includes structured products such as options, snowballs, on-chain liquidity provisioning, and other highly liquid strategies with managed downside risk. Each approach offers varying levels of returns, alpha generation, and duration. Returns generated will be reinvested into the treasury reserve, compounding the velocity of SOL accumulation, increasing SOL-per-share and strengthening alignment with the Solana community.
● Australian Dual Listing: Fitell has initiated steps toward a dual listing on the Australian Securities Exchange (ASX), broadening access and exposure for regional investors to SOL.
● Rebrand: Following the initial launch of the Solana treasury, the Company plans to rebrand to “Solana Australia Corporation”.
● Security: Initial SOL assets will be custodied with BitGo Trust Company, Inc. in the U.S. and staked through institutional-grade infrastructure.
Digital Asset Treasury
Advisors Fitell has appointed David Swaney and Cailen Sullivan as advisors to lead the Company’s digital asset treasury roadmap. Their mandate focuses on designing strategies to optimize treasury performance through decentralized finance (DeFi) opportunities, risk management frameworks, and yield innovation beyond traditional staking models.
● David Swaney has been active in the digital asset space since 2017, focusing on institutional adoption of on-chain finance. His extensive advisory and consulting experience spans treasury design, structured yield strategies, and market infrastructure.
● Cailen Sullivan has been active in the digital asset space for over a decade and was an early hire at Coinbase in 2013. Recently, he has been primarily focused on investing and supporting projects across the Solana ecosystem, and is a co-founder of Adrena, one of the leading perpetuals DEXs on Solana based on trading volume.
“We believe that digital asset treasuries are laying the blueprint for digital asset ETFs,” said David Swaney. “The ability to generate yield on assets beyond staking will be the defining differentiator, and we intend to lead this effort.”
“Our strategy focuses not only on Solana itself, but the broader ecosystem of applications being built on top. By deploying more assets on-chain, we aim to generate outsized returns, setting a new benchmark for performance in digital asset management while supporting the growth of DeFi applications on Solana,” said Cailen Sullivan.
Both advisors commented: “As advisors, we are excited to position this as the most innovative Solana-aligned treasury in the market. While scale varies among peers, our focus is value creation through capital concentration in the Solana ecosystem. By bringing assets on-chain and integrating with native projects, we believe we can deliver value to shareholders while advancing the ecosystem. Our goal is to demonstrate that strategy and alignment can rival scale and set a benchmark for Solananative treasuries.”
Sam Lu, Chief Executive Officer of Fitell Corporation, commented: “The launch of our Solana digital asset treasury positions Fitell at the forefront of Solana adoption in the regions of Australia and Asia Pacific. Our ambition to become the region’s largest publicly listed Solana holder underscores our conviction in the network’s long-term potential. With the expertise of David Swaney and Cailen Sullivan, we are excited to execute on a roadmap that combines innovation, yield generation, and disciplined risk management.” The Company will further discuss its digital asset treasury today at 4:00 p.m. ET on September 23, 2025 during a live session hosted on @MarioNawfal or @RoundtableSpace. To support initial SOL acquisitions, the Company has entered into an up to $100M convertible note facility with a U.S.-based institutional investor, of which $10M from the initial closing will be immediately deployed to purchase SOL. Rodman & Renshaw acted as exclusive placement agent for the financing. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Company’s Report of Foreign Private Issuer on Form 6-K to be filed with the Securities and Exchange Commission on September 23, 2025.
About Fitell Corporation
Fitell Corporation, through GD Wellness Pty Ltd (“GD”), its wholly owned subsidiary, is an online retailer of gym and fitness equipment both under its proprietary brands and other brand names in Australia. The company’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years. The Company’s brand portfolio can be categorized into three proprietary brands under its Gym Direct brand: Muscle Motion, Rapid Motion, and FleetX, in over 2,000 stock-keeping units (SKUs). For additional information, please visit the Company’s website at www.fitellcorp.com. Forward-Looking Statements This press release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties, including market and other conditions, and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC.
Contact
Chief Financial Officer
Edwin Tam
edwin@gymdirect.com.au