Bitget Institutional Launches $300 Million Project Archimedes to Back Quant Firms and Asset Managers

Bitget Institutional Launches $300 Million Project Archimedes to Back Quant Firms and Asset Managers

Bitget Limited

The initiative will boost institutional trading firms’ scale strategies, improve capital efficiency and access emerging opportunities across digital assets and tokenized markets.

VICTORIA, Seychelles, Aug. 13, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has launched Project Archimedes, a $300 million institutional capital program for quantitative trading firms, asset managers and market makers.

With the vision of backing minds that move markets, Project Archimedes will support firms at different stages of growth through two programs:

  • Capital Provider Program ($100 million): Allocated to accelerate emerging and growing quantitative firms running market-neutral strategies. Bitget will provide capital, with returns shared under an agreed structure and risk framework.
  • Interest-Free Lending Program ($200 million): Available to established institutions with mature strategies and existing trading scale. Eligible firms can access interest-free capital by meeting defined trading volume or position requirements, reducing funding costs while increasing the capital available to their strategies.

Institutional trading is entering a period where access to capital, execution quality and risk control increasingly determine which strategies can scale. Arbitrage returns across established crypto markets have tightened as competition has increased, leading quantitative firms to explore market structures such as basis spreads, funding-rate differences and tokenized assets.

“Strong strategies often reach a point where talent is no longer the constraint but capital might,” said Gracy Chen, CEO at Bitget. “Project Archimedes gives capable teams the acceleration it needs to scale, while aligning capital, risk and execution around sustainable performance. Our goal is to boost over fifty projects in the next six months with this capital.”

The program takes its name from Archimedes’ principle that the right fulcrum can move the world. For institutional trading firms, capital provides that fulcrum, while product structure and infrastructure determine how effectively it can be used.

Tokenized US stocks offer one example. Arbitrage opportunities can arise from differences in basis and funding rates across spot and derivative markets. These strategies typically require firms to maintain positions on both sides of a trade, which can tie up margin across separate accounts.

Under Bitget’s Unified Account, eligible rToken spot positions can serve as collateral for derivatives trading without requiring transfers between accounts. This structure allows institutions to maintain tokenized stock exposure while deploying related contract strategies through the same account, improving the use of available capital. Weekend collateral valuation follows the underlying stock’s Friday closing price, providing a fixed reference while traditional US markets are closed.

Project Archimedes will focus initially on market-neutral strategies with established operating histories and measurable risk controls. Participating institutions will undergo strategy assessment, due diligence and drawdown reviews.

The program is structured as a long-term capital cooperation framework with rolling admissions and phased deployment. Bitget Institutional plans to disclose program developments over time, including participation figures, deployed capital and strategy distribution. Product specifications, market-structure research and institutional case studies will provide further insight into how participating firms use capital and trading infrastructure.

Project Archimedes also supports Bitget Institutional’s broader role as a capital partner with market insight, connecting firms with liquidity, unified trading infrastructure and an international institutional network. Through capital allocation and interest-free lending, the program aims to help emerging teams establish stronger foundations and enable mature institutions to convert proven strategies into greater trading scale.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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iHerb Marks 30 Years of Making Health and Wellness Accessible with Global Anniversary Sale

Anniversary Event Delivers Deep Savings Across 600+ Brands as iHerb Expands Its Shopping Platform to 46 Languages, Reflecting Surging Global Demand for Health and Wellness

IRVINE, Calif., Aug. 12, 2026 (GLOBE NEWSWIRE) — iHerb, a leading global eCommerce retailer of vitamins, minerals, supplements and other health and wellness products, today announced a global celebration of its 30th anniversary. The celebration is headlined by the company’s biggest sales event of the year and the addition of 10 newly supported languages to its shopping platform, bringing the total of supported languages to 46. The milestone arrives as consumers worldwide increasingly prioritize proactive health and wellness, a shift that has helped fuel iHerb’s growth into a platform now serving over 16 million customers across approximately 180 countries.

“For 30 years, iHerb has strived to empower people around the world to make their health and well-being an achievable priority. This milestone belongs to our customers and team members who have grown with us,” said Emun Zabihi, Chief Executive Officer of iHerb. “As we look ahead, we remain committed to improving the customer experience while continuing to invest in the trust, access, and convenience that define iHerb’s value proposition.”

30th Anniversary Sale: Discounts Across 600+ Brands
iHerb’s anniversary promotions begin Aug. 19 ahead of its official September milestone. The early start is timed to one of the year’s busiest shopping seasons so customers can start saving sooner on everyday wellness essentials. Savings highlights include:

  • Anniversary Spotlight Event — up to 30% off more than 600 leading brands such as California Gold Nutrition, Nutricost, Doctor’s Best, Swanson Vitamins, Metagenics, Advanced Clinicals, and more, across wellness, nutrition, beauty, grocery and household categories.
  • Daily Flash Deals — 40% to 50% off select products, refreshed daily throughout the celebration.
  • Rewards Bonus — additional Rewards earned on purchases of $80 or more, redeemable toward a future purchase.
  • Welcome Incentive — new customers and first-time app purchases will receive 25% off their entire purchase.
  • iHerb Deals — ongoing discounts of up to 70% off thousands of products, available year-round at iherb.com/deals.

Expanding Wellness Access With 10 Newly Supported Languages
As part of its continued investment in serving customers worldwide, iHerb is expanding its platform from 36 to 46 supported languages — one of the broadest language offerings among global eCommerce retailers.

Each language experience is fully localized and presented as it is naturally spoken and written. This allows customers across the Americas, Europe, the Middle East and Asia to browse products, discover wellness solutions and complete purchases in the language most familiar to them.

Newly Supported Languages

Language Endonym Transliteration
European Spanish Español (España) Español
European Portuguese Português (Portugal) Português
Georgian ქართული Kartuli
Bosnian Bosanski Bosanski
Azerbaijani Azərbaycanca Azərbaycanca
Kazakh Қазақ тілі Qazaq tili
Armenian Հայերեն Hayeren
Farsi (Persian) فارسی Fārsī
Hindi हिंदी Hindi
Cantonese 廣東話 / 粤语 Gwóngdūngwá / Yuèyǔ

The expansion reflects iHerb’s longstanding commitment to reducing barriers to wellness and building a more accessible shopping platform for customers, regardless of language.

From One Product to a Global Wellness Platform
Thirty years ago this September, iHerb’s founder sold his first supplement online from an apartment in Pasadena, Calif., reflecting an early move into eCommerce that has since grown into one of the world’s largest direct-to-consumer wellness platforms. Today, iHerb delivers authentic health and wellness products to customers across approximately 180 countries through a global logistics network of climate-controlled, GMP and/or ISO compliant facilities, ensuring every product arrives with the quality and freshness customers expect.

About iHerb, LLC
iHerb is a leading global eCommerce retailer specializing in health and wellness, delivering products in sports nutrition, beauty, bath and personal care, grocery, baby and pet care from approximately 2,000 brands. Supported by a global workforce, iHerb serves over 16 million active customers across approximately 180 countries and 46 languages. iHerb’s sophisticated global supply chain network is anchored by nine climate-controlled inventory hubs and fulfillment centers located in the U.S., Asia and the Middle East, providing customers a seamless and reliable shopping experience. Founded in 1996 and based in Irvine, California, iHerb is on a mission to make health and wellness accessible to all. For more information, please visit corporate.iherb.com.

Media Contact
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Space42 and Leonardo DRS Sign MoU to Advance Next-Generation National Security Mission Systems

Space42 Leonardo MoU Signing
Space42 and Leonardo DRS Sign MoU to Advance Next-Generation National Security Mission Systems

ABU DHABI, United Arab Emirates, Aug. 12, 2026 (GLOBE NEWSWIRE) — Space42, the UAE-based AI-powered SpaceTech company with global reach has signed a Memorandum of Understanding (MoU) with Leonardo DRS. The agreement establishes a framework to integrate Leonardo DRS mission systems with Space42’s secure satellite connectivity to boost sovereign national security across the United Arab Emirates.

Under the MoU, Leonardo DRS will contribute its expertise in C5ISR mission systems while Space42 will provide secure, AI-enabled satellite communications and Beyond Line of Sight (BLOS) connectivity. Together, the companies will explore the joint design and integration of advanced mission capabilities for the UAE.

“It is a strategic priority for Space42 to be recognized as a trusted leader in secure connectivity, as we set the standard for resilient, mission-ready networks,” said Ahmed AlMehrzi, Chief Commercial Officer – Government at Space42. “By combining our sovereign satellite infrastructure and AI-enabled communications capabilities with Leonardo DRS’s advanced mission systems, we are strengthening protected communications that advance the UAE’s national security ecosystem.”

“This MoU marks a significant step forward in our commitment to supporting U.A.E. national security priorities with proven, advanced integrated capabilities that enable mission success in today’s evolving threat landscape,” said Denny Crumley, Senior Vice President & General Manager of the Leonardo DRS Land Electronics business unit. “We are proud to be a part of this opportunity with Space42 as we continue to grow our international business with strategic partners around the world.”

As national security operations grow more complex and interconnected, sovereign forces require integrated mission systems, secure satellite communications, and ongoing situational awareness. Leonardo DRS delivers proven expertise in developing and integrating rugged, high-performance C5ISR technologies and mission-critical vehicle electronics for international partners. Complementing this capability, Space42 provides sovereign satellite communications and space services that extend secure connectivity beyond terrestrial networks, supporting informed decision-making and operational resilience for the UAE.

Leonardo DRS is a trusted provider of advanced mission management systems, network computing and vehicle integration capabilities for the U.S. military and allied forces around the world. The company is a recognized leader in providing proven, high-performance tactical computing, smart displays, AI-enabled processing, and integrated C4/C5/C6ISR solutions that reduce the cognitive burden on commanders and crews operating in complex security environments. The systems are designed to deliver real-time situational awareness and are scalable, platform agnostic, and support open architectures.

About Space42

Space42 (ADX: SPACE42) is a UAE-based AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. Formed in 2024 by the successful merger of Bayanat and Yahsat, Space42’s global reach allows it to address the rapidly evolving needs of its customers in governments, enterprises, and communities. Space42 comprises two business units: Space Services and Smart Solutions. Space Services focuses on upstream satellite operations for both fixed and mobility satellite services. Smart Solutions integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. Major shareholders include G42, Mubadala, and IHC.

For more information, visit: www.space42.ai; follow us on X: @space42ai

About Leonardo DRS

Leonardo DRS, Inc. (Nasdaq: DRS) is at the forefront of developing and delivering transformative defense technologies for U.S. and allied military customers. The company specializes in high-performance sensing, network computing, force protection, and electric power and propulsion solutions designed to address the most demanding mission requirements. For additional information, visit www.LeonardoDRS.com.

Legal Notice and Cautionary Statement regarding forward-looking information 

This announcement may contain forward-looking statements based on current expectations and assumptions about future events. These statements—identified by terms such as “expect,” “will,” or similar—are subject to risks and uncertainties and may prove inaccurate. They reflect information available as of the date hereof, and the companies disclaim any obligation to update them. No assurance is given that any forward-looking statement will occur, and undue reliance should not be placed on them. This announcement does not constitute a financial promotion or an offer to buy or sell securities in any jurisdiction.

MEDIA CONTACT
Space42 Communications Team – [email protected]

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Rampart Withdraws Appeal of USPTO’s Invalidation Decision

ST. PAUL, Minn., Aug. 11, 2026 (GLOBE NEWSWIRE) — Egg Medical announced today that Rampart IC, LLC (“Rampart”) withdrew its appeal of the USPTO’s reexamination decision that the claims of Rampart’s U.S. Patent No. 11, 660,056 as originally granted were invalid. The USPTO’s invalidation is based on grounds that the inventions in the issued ‘056 Patent were either previously invented by, or simply obvious variants of work, by others, including Egg Medical.

The claims that are likely to survive the reexamination resulted from Rampart making material limitations to the originally issued claims, thus narrowing the ‘056 Patent.

The reexamination of the ‘056 Patent was requested by Egg Medical after Rampart sued Egg Medical for infringement of the original ‘056 Patent in U.S. District Court. Egg Medical has not sought conflict with Rampart. However, in light of Rampart’s actions, Egg Medical has given notice of its earlier patent and demanded that Rampart cease and desist its infringing activities of Egg Medical’s patent.

Egg Medical Chief Executive Officer, Robert Wilson commented, “Protection of inventorship is important. We thank the Patent Office for a comprehensive re-examination of the Rampart patent. The invalidation of the original ‘056 Patent claims and the possible issuance of narrowed claims that do not cover any of our product line reinforces the integrity of the US patent system.”

Gavin Philips, Egg Medical’s Chief Commercial Officer added, “Egg Medical will continue to invest in what really matters to our customers, namely, the technology that has defined the Enhanced Radiation Protection Device category: whole-room, scatter reduction that protects the entire procedural team without construction, without rolling trip-hazards, or workflow interruptions.”

About Egg Medical 

Egg Medical is a global leader in radiation protection, founded with the goal of reducing the radiation exposure of healthcare workers who use x-ray imaging to perform life-saving diagnostic and therapeutic procedures for patients.

Media Contact: 

Susan Storm[email protected]

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Bitget Expands CFD Business with Institutional-Grade Liquidity Solutions

Bitget Expands CFD Business with Institutional-Grade Liquidity Solutions

Bitget Expands CFD Business with Institutional-Grade Liquidity Solutions

VICTORIA, Seychelles, Aug. 11, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has expanded its CFD business with the launch of Institutional-Grade Liquidity Solutions, a dedicated offering for quantitative trading teams, proprietary trading firms (Prop Firms), funds, retail brokers, and high-net-worth professional traders. The solution brings together 100% Straight-Through Processing (STP), deep multi-tier liquidity, sub-millisecond order matching, and FIX API connectivity for clients managing large-volume and automated trading strategies.

The launch comes as automation plays a growing role in global trading. Quantitative strategies, high-frequency trading, futures-spot arbitrage, and Expert Advisor (EA) models place different demands on execution compared with typical retail activity. At higher volumes and frequencies, market depth, order routing, latency, and connectivity to proprietary systems can have a direct impact on execution quality.

Bitget has built the new offering around a 100% STP execution model. Orders are routed directly to external liquidity pools without manual dealing intervention, giving clients a clear path from order submission to the underlying liquidity provider. The model is designed for firms running sustained order flow and strategies that require consistent market access across different conditions.

Bitget aggregates liquidity across institutional sources, including Tier-1 banks and non-bank market makers, with multiple levels of market depth available to clients. For firms placing larger orders or executing continuously, deeper order books can help reduce slippage and market impact when the liquidity available at the top of the book cannot absorb the full trade at a single price. Bitget’s trading servers are deployed in major financial data centres, including London (LD4) and Tokyo (TY3), with dedicated networks and direct fibre connectivity supporting sub-millisecond order matching. The solution also supports FIX API, allowing quantitative teams, brokers, and other institutional clients to connect existing proprietary systems, bridges, and liquidity aggregators directly to Bitget’s CFD environment.

“As trading becomes more automated and sophisticated, the quality of the infrastructure behind every trade becomes increasingly important,” said Gracy Chen, CEO of Bitget. “Professional traders need consistent execution, deep liquidity and reliable connectivity to run their strategies effectively at scale. With our institutional liquidity offering, we are strengthening the foundation of our CFD business to serve these clients better and support the next stage of Bitget’s growth across global markets.”

Client assets are segregated from Bitget’s operational funds and held through independent custody accounts, alongside compliance reviews and third-party auditing standards. This framework provides institutional clients with greater visibility into how assets are managed as they scale their activity on the platform.

The launch broadens Bitget’s CFD offering as the company continues to develop its multi-asset trading ecosystem. Retail users will be able to access Bitget’s standard CFD environment through the App, Web, and MT5, while institutional clients can use a dedicated setup built for higher-volume strategies, deeper liquidity requirements, and direct system connectivity. The expansion allows Bitget to serve a wider range of trading activity as its CFD business grows globally.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

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Beyond the Landmarks: Discover Hong Kong Like a Local in Old Town Central

From heritage and art to local flavours and exclusive cocktails, explore the neighbourhood from day to night along the iconic Central-Mid-Levels Escalator.

Old Town Central Key Visual

HKTB260501_OTC_KV Master Print_4in1_r2_BillingualHONG KONG, Aug. 11, 2026 (GLOBE NEWSWIRE) — Beyond Hong Kong’s mega events and world-famous attractions, the Hong Kong Tourism Board (HKTB) invites visitors to discover the city like a local through its diverse neighbourhoods. Old Town Central, one of HKTB’s signature neighbourhood experiences, brings Hong Kong’s identity to life through an eclectic mix of East and West, past and present, where historic temples and traditional local businesses sit alongside vibrant street art, contemporary cultural landmarks and award-winning restaurants and bars.

Anchored by the world’s longest outdoor covered escalator, the Central-Mid-Levels Escalator, Old Town Central invites visitors to experience the vibrant area from day to night. Four newly curated thematic experiences reveal its culture, heritage, art and food, while an interactive AR guide and authentic local voices offer deeper insight into the people and stories behind the neighbourhood. Limited-time keepsakes and themed cocktails add even more ways to experience — and remember — Central like a local.

Uncovering Central’s Heartbeat: Themed Experiences and Authentic Local Voices Along the Central-Mid-Levels Escalator

More than a way to move through Central, the iconic Central-Mid-Levels Escalator becomes the backbone for exploring the neighbourhood’s rich culture, history and community. Designed to bridge the distance between travellers and local residents, the experience encourages visitors to venture beyond the main thoroughfares and immerse themselves in the neighbourhood through four themed experiences highlighting handpicked community gems:

  • Old Town Signatures encompasses some of the quintessential experiences that make Central unmistakably Hong Kong. Visitors can explore traditional wet markets and historic temples, stop by one of the city’s last artisanal soy sauce makers at Kowloon Soy Co. Ltd, experience the bustle of an authentic dai pai dong, or browse the open-air stalls of Upper Lascar Row. Together, these local institutions offer a snapshot of the traditions, flavours and everyday experiences that have shaped the neighbourhood.
  • Old Town Legacy brings Central’s layered history to life, making it an ideal introduction for families and first-time visitors. From the distinctive granite steps of Pottinger Street and the revitalised former police station and prison complex at Tai Kwun, to the historic Dr Sun Yat-sen Museum and traditional tong lau architecture, this experience traces the people, places and East-meets-West influences that have shaped the district over generations.
  • Neighbourhood Taste explores Central through one of the best ways to understand Hong Kong: its food. From breakfast through to nightcap, the experience brings Michelin-starred restaurants, acclaimed bars and beloved local institutions together side by side. Visitors can begin with traditional tea and dim sum, discover neighbourhood bakeries and herbal tea shops, and explore Central’s internationally celebrated restaurants and cocktail bars after dark.
  • Art & Soul reveals the creative side of Central, where contemporary art and design exist alongside traditional craftsmanship and historic streetscapes. Visitors can discover world-class galleries and colourful murals around Hollywood Road, browse antiques along Upper Lascar Row, explore cutting-edge creativity and design at PMQ, and wander through character-filled streets including Wing Lee Street and Tai Ping Shan Street.
Old Town Central AR Guide

OTC_AR guide image_0722_1920x1080_EN

Visitors can open the AR web app through DiscoverHongKong.com and activate it as they explore Central to unlock immersive digital content.

To bring visitors even closer to the heartbeat of the community, a new interactive AR web app (accessed via DiscoverHongKong.com) triggers dynamic, motion-activated content at key locations along each themed experience. The local connection is further deepened through immersive audio experiences, where local business owners or staff at local institutions share personal stories about Central’s evolving character. Featured local voices include:

  • Bonny Yuen (Founder of Yuen’s Tailor): a family-run tailoring shop boasting over 55 years of history and craftsmanship.
  • Gavin Yeung (Co-founder of Kinsman): a Central cocktail bar known for its innovative drinks inspired by Cantonese and Chinese spirits.
  • Ben Tsui (Fourth-generation owner of Kung Lee Herbal Tea Shop): a time-honoured herbal tea shop famous for its fresh sugar cane juice and traditional herbal jelly.
  • Cecilia Chan (Co-founder of Glocal Mahjong): one of the few places in Hong Kong where visitors can pick up a unique mahjong-themed souvenir.

Take Central Memories Home with Limited-Time Keepsakes and Cocktails

To mark the launch of the campaign, Old Town Central is introducing a series of exclusive collaborations and special experiences available for a limited time, giving visitors even more reasons to explore the neighbourhood.

Visitors can collect a complimentary Old Town Map to guide their journey through the neighbourhood’s hidden gems, while tourists who spend HKD200 or more in a single same-day transaction at participating merchants can redeem one of five limited-edition Street Sign Pins at Central Market, Tai Kwun, PMQ or other participating merchants.

For a limited period, 14 celebrated neighbourhood bars — including 50 Best-listed bars COA, Montana, The Opposites, The Savory Project and Tell Camellia — will serve Old Town Exclusive Cocktails inspired by the Central’s character. From Canton Bazaar at 001, inspired by Hong Kong’s layered cultural background, to Taro Irish Coffee at The Opposites, featuring the flavours of Taro Sago Soup, a classic Cantonese dessert, each serve offers a unique taste of the neighbourhood.

Old Town Central Printed Map

HKTB_OTC_printed map

Five versions of the printed Old Town Map are available to help visitors navigate the neighbourhood’s hidden gems. Old Town Exclusive Cocktails will be also served at selected bars for a limited time.

The new Old Town Central experience is part of HKTB’s broader effort to encourage visitors to explore Hong Kong’s diverse neighbourhoods and connect more deeply with the communities that define the city. By combining heritage, creativity, gastronomy and innovation, Old Town Central invites travellers to venture beyond the city’s more familiar landmarks and discover the authentic stories waiting around every corner.

To start planning your Old Town Central journey, please visit https://www.discoverhongkong.com/eng/neighbourhoods/old-town-central.html.

Notes to editors:
Cocktail availability, serving periods and redemption offers vary by participating venue and are subject to change.

Media can download photos at the following link:
https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=2554&categoryTypeId=2&cachedCriteria=1

For media inquiries, please contact:

Ms Holly Chan
Tel: 2807 6206
Email: [email protected]
Ms Irene Tsang
Tel: 2807 6541
Email: [email protected]
 Appendix 1
“Old Town Central” Four Major Thematic Experiences Overview
Old Town Signatures

Stroll through Old Town Central to experience a neighbourhood rich in unique flavours and culture. Grab a bite at an authentic dai pai dong, wander past ancient temples and take home a piece of Central from the open-air markets. Immerse yourself in the true essence of Central — there’s nowhere else like it.

Key attractions include Central Market, Stanley Street, Kowloon Soy Co. Ltd, Graham Street Market, Cochrane Street/ Wellington Street, Hollywood Road, Man Mo Temple, Upper Lascar Row, Square Street, Tai Ping Shan Street and Kwong Fook Tsz.

Old Town Legacy

In just one day, wander through Central’s deep-rooted history. From its iconic landmarks to East-meets-West legends, this easy-going journey is perfect for families and first-time visitors. Together, get ready to unlock the unique stories of this timeless neighbourhood.

Key attractions include Central Market, Wellington Street, Graham Street Market, Pottinger Street, Tai Kwun, SoHo, Dr Sun Yat-sen Museum, PMQ, Tong Lau Experience Room, Man Mo Temple and Tai Ping Shan Street.

Neighbourhood Taste

This is where award-winning tables converge. In a single stroll, you will find Michelin-starred restaurants, Black Pearl awardees, Asia’s 50 Best treasures and timeless local classics side by side. Let your appetite guide you from morning to night. Here, you will taste the very best of East and West, old and new.

Breakfast & Lunch recommendations:
Luk Yu Tea House, Yat Lok Restaurant, Arbor, LPM, Tai Ping Koon Restaurant, Messina, Venchi, Chopsticks Kee and Yue Hing

Lunch & Tea recommendations:
Neighborhood, Kung Lee Herbal Tea Shop, Magistracy Dining Room and Madame Fù

Tea & Dinner recommendations:
Tai Cheong Bakery, Social Goods Modern Bakery, Bakehouse, COA, James Suckling Wine Central, Out of the Brew, Mius, DIO Cafe Bar and Mak’s Noodles

Dinner & Drinks recommendations:
WING, VEA, Kinsman, Quinary and The Opposites

Art & Soul

Discover Central’s hidden creative corners on a locally led tour. Begin at the Central—Mid-Levels Escalator and wander through historic streets where artistry comes alive at every turn. From world-class galleries to striking street art, immerse yourself in one-of-a-kind artistic energy.

Key attractions include Central—Mid-Levels Escalator, Hollywood Road, PMQ, Tong Lau Experience Room, Wa In Fong, Wing Lee Street, Upper Lascar Row and Tai Ping Shan Street.

Appendix 2
Bar Collaboration
Participating Bar* Name of cocktail
COA (24) Dynasty Margarita
Montana (47) La Vida Ruta
The Opposites (54) Taro Irish Coffee
The Savory Project (60) Salted Lime Smash
Tell Camellia (81) Tell Yin Yang
001 Canton Bazaar
Bar De Luxe Fragment of Time
DIO Cafe Car Lotus Rooster
BARCODE Tangyuen
Botanical Garden The Garden Sloe Fizz
The Green Door To be announced
Locale HK Cocktails & Cuisine To be announced
The Diplomat To be announced
The Dispensary To be announced

*Ranking in Asia’s 50 Best Bar 2026

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Fall into Hong Kong: A Season of Festivals, Flavours and Citywide Celebrations Begins

From centuries-old traditions and world-class sporting events to culinary extravaganzas and Halloween thrills, Hong Kong comes alive this autumn

LH Autumn release

LH Autumn release

HONG KONG, Aug. 11, 2026 (GLOBE NEWSWIRE) — This Autumn, Hong Kong welcomes one of its most exciting times of year with a packed calendar of festivals, sporting events and immersive citywide celebrations. From ancient traditions and cultural spectacles to world-class gastronomy and outdoor adventures, autumn showcases why Hong Kong continues to strengthen its position as the Events Capital of Asia, while offering visitors a collection of Only in Hong Kong moments, from iconic harbourfront experiences and vibrant neighbourhoods to hidden natural escapes and one-of-a-kind cultural traditions.

For Culture Lovers: Where Ancient Tradition Illuminates the Modern City

The season begins with the Mid-Autumn Festival, one of Hong Kong’s most cherished celebrations. From 17 to 27 September, a large-scale international Mid-Autumn lantern display at Victoria Park will showcase spectacular lantern displays, including the renowned Qinhuai Lanterns from Nanjing and an International Lantern Corridor featuring festive lantern artistry from over 20 countries. Visitors can also enjoy festive ambient lighting, further highlighting Hong Kong’s role as a vibrant crossroads of cultures – a city where East meets West, offering a unique opportunity to experience lantern traditions and cultural artistry from across the globe. Another highlight is the Tai Hang Fire Dragon Dance, one of Hong Kong’s most treasured cultural traditions and an event inscribed on China’s National List of Intangible Cultural Heritage. Taking place from 24 to 26 September, the event celebrates its 147th edition. The spectacular procession features a 67-metre dragon illuminated by 12,000 burning incense sticks, offering a rare opportunity to witness living heritage in the heart of the city.

For Active Travellers: The Urban Adventures

Sports enthusiasts can join the Sun Hung Kai Properties Hong Kong Cyclothon on 11 October, Hong Kong’s largest annual cycling event. Featuring 56km and 32km scenic rides, participants will enjoy a rare opportunity to cycle across iconic bridges, through tunnels and past some of the city’s most striking urban landscapes. The excitement continues off the course at the Cyclothon Carnival in the West Kowloon Cultural District, where visitors can enjoy a full day of sports, entertainment, family-friendly activities and gourmet experiences.

Visitors can also explore Hong Kong’s extensive hiking trails, outlying islands and the Hong Kong UNESCO Global Geopark, experiencing the rare contrast of vibrant cityscapes and stunning natural landscapes within easy reach of one another.

For Food and Wine Lovers: A Feast for the Senses in Asia’s Culinary Capital

Food and wine lovers can savour the Hong Kong Wine & Dine Festival from 29 October to 1 November, when the Central Harbourfront transforms into a vibrant celebration of global flavours against the iconic Victoria Harbour skyline. Featuring more than 300 booths, world-class wines, live entertainment, exclusive tasting and food and wine pairing experiences. The Festival will also introduce a new highlight, “Only in Hong Kong” Flavours, featuring signature dishes from more than 100 restaurants — including Michelin-starred establishments, luxury hotels and beloved local favourites — celebrating the city’s rich and diverse culinary scene. The festivities will continue throughout November with Hong Kong Wine & Dine Month, bringing exclusive dining offers, curated menus and gourmet experiences to restaurants, bars and hotels across the city, inviting visitors to discover Hong Kong’s diverse and dynamic food scene.

For Party Lovers: East Meets West in Celebration

October will see Hong Kong host its first-ever citywide Halloween celebration, transforming the entire city into a giant stage for creativity, costumes and immersive experiences. With themed activities and local collaborations across multiple districts, visitors can join special weekends on 17 and 24 October before the citywide finale on 31 October. Popular attractions including Hong Kong Disneyland and Ocean Park will also unveil their signature Halloween experiences, adding even more thrills to a month-long celebration unlike anywhere else in Asia.

Beyond the headline events, autumn is also the perfect time to discover Hong Kong’s unique blend of urban energy and natural beauty. Visitors can admire the city’s iconic skyline aboard a Star Ferry or traditional junk boat on Victoria Harbour, ride the historic “ding ding” tram through bustling neighbourhoods, or venture into the great outdoors to explore scenic hiking trails, outlying islands and dramatic coastal landscapes under comfortably cool skies.

For Family and Festive Travellers: A Sparkling Winter Celebration

As autumn gives way to winter, the excitement continues with another season of blockbuster experiences. From November onwards, Hong Kong WinterFest ushers in the festive season with a spectacular Christmas Town, complemented by immersive light displays across Central, Tsim Sha Tsui and Causeway Bay, seasonal shopping and dining experiences, and holiday attractions throughout the city. The celebrations will culminate in the spectacular New Year Countdown Celebrations (31 December), featuring a dazzling fireworks musical over Victoria Harbour. Whether drawn by culture, sport, culinary excellence or outdoor adventure, travellers will find unforgettable experiences waiting around every corner in Asia’s world city.

Event Date Venue
Large-scale International Mid-Autumn Lantern Display 17 – 27 September Victoria Park
Tai Hang Fire Dragon Dance 24 – 26 September Tai Hang, Causeway Bay
Sun Hung Kai Properties Hong Kong Cyclothon &
Cyclothon Carnival
11 October West Kowloon Cultural District
Hong Kong Wine & Dine Festival 29 October – 1 November Central Harbourfront
Halloween celebrations in town Late October – 31 October Various locations in Hong Kong
Hong Kong WinterFest November 2026 – January 2027 To be announced
New Year Countdown Celebrations 31 December Victoria Harbour

Media can download photos at the following link: 

https://assetlibrary.hktb.com/assetbank-hktb/action/browseItems?categoryId=2514&categoryTypeId=2&cachedCriteria=1

For media inquiries, please contact:

Ms Natalie Chan
Tel: 2807 6216
Email: [email protected]
Ms Irene Tsang
Tel: 2807 6541
Email: [email protected]

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GlobeNewswire Distribution ID 9807563

Axi Select Hosts Exclusive Madrid Gathering for Pro M Traders and Axi Leadership

Axi Select Hosts Exclusive Madrid Gathering for Pro M Traders and Axi Leadership
Madrid PR photo

Axi Select Pro M traders joined Axi senior leadership and team members in Madrid for an exclusive event celebrating their achievements and the community behind Axi Select.

SYDNEY, Aug. 10, 2026 (GLOBE NEWSWIRE) — Ten of Axi Select’s $1M funded Pro M traders gathered in Madrid this July for an exclusive experience that brought together achievement, mentorship and meaningful dialogue with Axi’s executive leadership.

Having reached the prestigious Pro M tier (the highest level within Axi Select’s capital allocation programme), the traders travelled from across the globe to take part in an invitation-only event designed to recognise their success and strengthen the relationship between Axi and its top-performing trading talent.

Rather than a traditional conference or awards ceremony, the Madrid meet-up focused on genuine connection. At the heart of the programme were intimate fireside discussions, with Axi CEO Rajesh Yohannan and COO Gavin Ward, giving traders the opportunity to discuss their personal journeys, the realities of managing funded capital and the evolving demands of modern trading.

The discussions moved well beyond market strategies. Participants shared how trading with allocated capital differs psychologically from trading personal funds, the discipline required to remain consistently profitable, and the lessons learned while progressing through Axi Select’s funding milestones. The conversations became a genuine exchange of ideas, with Axi’s leadership hearing directly from the traders helping shape the future of funded trading.

Throughout the event, formal sessions were balanced with opportunities for informal conversation, including shared meals, one-to-one discussions, and social activities that allowed traders and executives to connect away from presentations and meeting rooms.

Rajesh Yohannan, Chief Executive Officer at Axi said:

“Spending time with the Pro M traders in Madrid reminded me that behind every funding milestone is a person who has put in years of discipline backed by enormous self-belief. Axi Select exists to back that kind of talent, and events like this keep us close to the people we’re building it for.”

Pro M Madrid Event Traders

  • Sook Yen
  • Francisco
  • Alejandro
  • Yoleny G
  • Ramon
  • Jaime
  • Sergio
  • Tomas
  • Daniel
  • Vincente

As Axi Select continues to expand globally, initiatives such as the Madrid meet-up demonstrate the company’s commitment to recognising excellence, creating opportunities for meaningful collaboration and putting traders at the centre of conversation.

About Axi 

Axi is a global online trading provider offering access to forex, indices, commodities, and digital assets to clients in more than 100 countries. The company combines trading technology, education, and partnership initiatives to support trader development worldwide.

Media enquiries: [email protected]

The Axi Select program is only available to clients of AxiTrader LLC. CFDs carry a high risk of investment loss. This content may not be available in your region. For more information, refer to Axi’s Terms of Service. Standard trading fees and minimum deposit apply.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/97123a2a-bd9a-4d9c-b69d-8cf3e94eeed7

GlobeNewswire Distribution ID 1001256934

Bitget Reports 18x Growth in rToken Trading Activity as Tokenized Markets Mature in July

Bitget Reports 18x Growth in rToken Trading Activity as Tokenized Markets Mature in July

Bitget Limited

VICTORIA, Seychelles, Aug. 10, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), has released its July 2026 Transparency Report, highlighting growing adoption of tokenized financial markets as users increasingly incorporated tokenized equities into broader trading and investment strategies. The report also outlines continued expansion across unified trading infrastructure, AI-powered investing, institutional products and onchain finance as tokenized assets become more deeply integrated into digital markets.

The month saw rToken surpassing US$100 million in assets under management within five weeks of launch, reaching approximately US$114 million by July 6. During the same period, cumulative trading volume reached US$671.37 million, including average daily trading volume of US$19.75 million, with more than 100,000 users trading rTokens. The report also found daily trading-user penetration increasing 18-fold from launch, while 42.87% of first-time buyers increased their positions within seven days, reflecting growing engagement beyond initial purchases.

Industry research published during the month reinforced Bitget’s position across trading infrastructure. CryptoRank found that Bitget recorded the lowest slippage for large tokenized equity trades and the highest balanced displayed liquidity within 50 basis points among the exchanges analysed. The CoinGlass 2026 Derivatives Market Report ranked Bitget second globally for ETH liquidity depth with US$81.37 million in order-book depth and fourth globally for BTC liquidity depth, while TokenInsight reported nearly US$70 billion in TradFi perpetual trading volume on Bitget during Q2 2026.

“Tokenized assets are only as strong as the market behind them. Investors don’t care how many assets an exchange lists if they can’t trade them efficiently.,” said Gracy Chen, CEO of Bitget. “DeFiLlama latest research shows that Bitget delivers the deepest liquidity and execution for tokenized equities among the exchanges evaluated. As adoption grows, that’s what will decide which platforms investors continue to trust.”

Beyond market activity, Bitget continued to expand the infrastructure supporting tokenized finance. During July, the exchange enabled more than 100 tokenized U.S. stocks to be used as collateral within its Unified Trading Account, introduced GetAgent Playbook to extend AI-powered trading into tokenized investing, and released an institutional cross-asset collateral playbook exploring capital efficiency across crypto and tokenized assets.

Bitget Wallet also surpassed 100 million users, expanding stablecoin payment connectivity and tokenized asset access through new integrations including Robinhood Chain and Assetback. Beyond product development, Bitget expanded its Blockchain4Youth partnership with UNICEF’s Game Changers Coalition from eight to eleven countries, extending blockchain, AI and financial literacy education to more young people worldwide.

The July Transparency Report reflects the continued evolution of tokenized markets as users increasingly integrate tokenized assets into active trading, portfolio management and cross-asset investing. The report reflects Bitget’s continued investment in market infrastructure, liquidity and institutional products, as tokenized finance becomes more integrated across retail and institutional markets.

To read the report, visit here.

About Bitget

Bitget is the world’s largest Universal Exchange (UEX), serving over 125 million users and offering access to over 2M crypto tokens, 500+ tokenized stocks, ETFs, commodities, FX, and precious metals such as gold. The ecosystem is committed to helping users trade smarter with its AI agent, which co-pilots trade execution. Bitget is driving crypto adoption through strategic partnerships such as MotoGP™. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. Bitget currently leads in the tokenized TradFi market, providing the industry’s lowest fees and highest liquidity across 150 regions worldwide.

For more information, visit: Website | X | Telegram | LinkedIn | Discord

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae92863f-91bb-49ee-bcab-2100ead8e0f4

GlobeNewswire Distribution ID 1001256520