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Results of the IX Digital Asset Industry Classification System (“DAICS®”) 2024 2H Review
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.
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) |
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
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
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 of transactions etc. |
Application Development Protocol & Smart Contract
(12010) |
layer-1 blockchain network that facilitates DApp creation and smart contract execution and smart contract | |
Interoperability
(12020) |
Network that increases inter-connectivity and integration of the fragmented cryptocurrency ecosystem | ||
Scaling & Sharding
(12030) |
Networks that increase the ability to cope with the influx of many transactions at a time and blockchain network that can be split into smaller partitions, to improve scalability and process transactions quicker | ||
Supporting System
(12040) |
Networks/sidechains that improve functionality of layer-1 network | ||
Financial services: (130)
Definition Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending, and other capital markets related services |
Exchange Tokens
(13010) |
Cryptocurrencies that represent the stable coin in the exchange ecosystem and allow users to covert from digital asset on decentralised or centralised system int fiat currencies | |
Lending & Borrowing
(13020) |
Borrowing and lending crypto assets with interest in return and other secondary financial tools derived from primary underlying asset, such as crypto futures and options | ||
Staking
(13030) |
Holding and “staking” of certain amount of cryptocurrency in a wallet to facilitate network operations | ||
Tech & Data: (140)
Definition Provision of data management and storage, and development of innovative crypto technology |
Storage & Sharing
(14010) |
Crypto protocols that provide decentralized storage and/or sharing of data filing and resources. | |
Data Management
(14020) |
Networks/Protocols that facilitate the indexing and querying of data from blockchain(s), enabling efficient data retrieval and management for decentralized applications | ||
Artificial Intelligence
(14030) |
Cryptos/Protocols that facilitate the use of AI powered apps or projects directly using blockchain platform. | ||
Media & Entertainment: (150)
Definition Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles |
Social Media & Community*
(15010) |
Cryptos that provides mast social community and followers without a close secondary industry sector | |
Streaming
(15020) |
Cryptos that provides rights to access decentralised video-streaming sites | ||
Gaming
(15030) |
Cryptos which mainly used in gaming or gaming supporting industry | ||
Metaverse
(15040) |
Cryptos that is commonly used in collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. This includes the use of VR and/or AR and/or 3D. |
Category | Asset Type | Branch | Sub -branch |
Asset-Backed Tokens (2) | Culture: (205)
Definition Real asset relating to sports, art, cultural drama, festive collectibles and design IPs etc. |
Art
(20510) |
This shall be further developed in the future with more digital assets available in the market |
Sports
(20520) |
|||
Festive Collectibles
(20530) |
|||
Design IPs
(20540) |
|||
Drama and Play IPs
(20550) |
|||
Real Estate:(215)
Definition Assets that mainly derived its valuation from property, real estate, and land |
Commercial Property
(21510) |
||
Residential Property
(21520) |
|||
Governmental Property
(21530) |
|||
Residential and Commercial Land
(21540) |
|||
Financials: (235)
Definition Real financial asset including listed company shareholdings on regulated centralised exchanges and private company shareholdings; debt instruments; property trusts and derivatives that settled on regulated exchange (CeFi and DeFi). |
Tokenised Securities (Company Securities, ETF)
(23510) |
||
Tokenised Debts
(23520) |
|||
Tokenised REITs
(23530) |
|||
Entertainment: (255)
Definition Ownership of the IPs assets in the area of entertainment in real world such as concert, play, shows, circus, musicals, songs, movies, games, events and programs, and souvenir collectibles that is derived from the above areas. |
Movies
(25510) |
This shall be further developed in the future with more digital assets available in the market Following definition of the United Nations 17 sustainable development goals² |
|
Songs
(25520) |
|||
Concerts
(25530) |
|||
Gaming
(25540) |
|||
All Other Entertainment Events and Collectibles
(25550) |
|||
Natural Resources: (265)
Definition Natural resources asset that derived directly from sea, sky, atmosphere and underground and can be classified as a commodity with standardisation such as precious metals, agricultural, energy and metals. |
Precious Metals
(26510) |
||
Agricultural
(26520) |
|||
Energy
(26530) |
|||
Metals
(26540) |
|||
Green Economy (275)
Definition Ownership of Projects Asset that falls under the definition of the UN 17SDG²s, with over 80% of the income or jobs provided on these 17 initiatives. |
No Poverty & Zero Hunger
(27510) |
||
Good Health and Well-Being
(27520) |
|||
Quality Education
(27530) |
|||
Gender Equality
(27540) |
|||
Clean Water and Sanitation/Affordable and Clean Energy
(27550) |
|||
Decent Work and Economic Growth/ Industry, Innovation, and Infrastructure/ Partnerships for the Goals
(27560) |
|||
Reduced inequalities/ Peace, Justice and Strong Institutions
(27570) |
|||
Sustainable Cities and Communities/Responsible Consumption and Production
(27580) |
|||
Climate Action
(27590) |
|||
Life Below Water & Life on Land
(27500) |
² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals
Hashtag: #DAICS
The issuer is solely responsible for the content of this announcement.
About DAICS®
DAICS® covers both cryptocurrencies and asset-backed tokens (“ABT”), to be reviewed semi-annually at the end of June and December. On cryptocurrencies side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data and 5) Media & Entertainment. These industries are further divided into 16 sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into 31 branches and sub-branches to be introduced in the future.
About IX Asia Tokenization Advisory Committee and Working Group
The establishment of the IX Asia Tokenization Advisory Committee (“Advisory Committee”) is to pursue the goal and vision to formulate a standard for global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guideline and reference for tokenization in terms of infrastructure, business financial stability, sustainability, internal control and classification. The Advisory Committee is comprised of industry recognised leaders from blockchain consultancy, sustainable projects and field in Art industry. The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects. For more information about IX Asia Tokenization Advisory Committee & Working Group, please visit https://ix-index.com/tokenization-committee.html.
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CUHK Business School: Six Decades of Excellence in Global Business Education
Pioneering Business Education
As Asia’s first business school to offer BBA, MBA and EMBA programmes, CUHK Business School has built an influential network of over 45,000 alumni — Hong Kong’s largest business school alumni community. The School maintains its position through innovative curriculum design and robust industry partnerships. Our Faculty members and research centres advance and promote cross-disciplinary knowledge, creating value for the region and the world by driving the development of global business.
Additionally, the School’s strong relationships with enterprises across Greater China and beyond provide students with invaluable real-world experience through internships, consultancy projects, and experiential learning opportunities, preparing them for leadership roles in the dynamic Asian business landscape.
International Partnerships and Opportunities
CUHK Business School has forged strategic partnerships with prestigious institutions worldwide, including dual degree programmes with HEC Paris, Rotterdam School of Management, and The University of Texas at Austin. These collaborations offer students unparalleled international exposure and cross-cultural business insights.
The School’s global impact is exemplified through its diverse student body. Aleksandr Volkov, a MSc in Management student from Russia, highlights the programme’s practical curriculum: “The interactive teaching style and collaborative environment at CUHK perfectly prepare students for multinational corporate careers.” He also embraces this opportunity to learn more about the China market, leveraging CUHK’s alumni network for insights to guide his future business decisions.
Investment in Excellence
The School offers comprehensive financial support through merit-based scholarships and various financial aid options for both local and international students. For more information and the complete programme listing, visit www.gs.cuhk.edu.hk/ba.
Hashtag: #CUHK
The issuer is solely responsible for the content of this announcement.
About CUHK
Founded in 1963, CUHK combines tradition with innovation in teaching and research, maintaining strong global partnerships to address real-world challenges.
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CN Logistics Launches Regular Charter Flights Between Ezhou, China and Milan, Italy
The newly launched charter service is a crucial part of the strategic partnership with Wuhan Financial Holdings Changmao Group Limited (“Wuhan Financial Holdings”) and Hubei International Logistics Airport Limited (“Hubei International Logistics”). According to the agreement, the Group will utilize its airfreight forwarding network to provide 2 to 3 charter flights between Ezhou and Milan per week to prominent Chinese eCommerce platforms and various large enterprises, covering multi-sectors including eCommerce, high-tech electronic products, industrial products, high-end and affordable luxury clothing and red wine. This aims to foster bilateral trade while helping business in expanding overseas operation by reducing costs and improving efficiency. Building upon the “Ezhou-Milan” route, the Group and the Partners plan to gradually extend services coverage to other European countries and the Middle East and African regions, with long-term plans to establish joint warehouses in these regions to facilitate the exchange of quality products with Ezhou.
Mr. Lau Shek Yau, Chairman and Executive Director of CN Logistics, said “We are honored to collaborate with Wuhan Financial Holdings and Hubei International Logistics to promote Ezhou’s external trade exchanges and build a business ecosystem that benefits the society across multiple industries and regions. Bolstered by its strategic location, Ezhou has become the hub for China’s eCommerce and logistics industries. On the grand day of departure, we witnessed the efficient processing capabilities of Ezhou Huahu Airport, which completed all aspects of customs clearance, cargo loading, and takeoff in a short time. We believe launching the Milan route is just the first step. With the support of our Partners, CN Logistics will launch more routes connecting Ezhou with other regions, particularly the Middle East and Africa. This will enable the Group to achieve synergies with our parent company providing customers with competitive and efficient logistics solutions while rapidly expanding our business presence in the Middle East and African regions.”
Hashtag: #CNLogistics
https://www.linkedin.com/company/cnlogisticslimited/
https://www.facebook.com/cnlogisticslimited/
https://www.instagram.com/cn_logistics/
The issuer is solely responsible for the content of this announcement.
About CN Logistics International Holdings Limited
Established in 1991, CN Logistics is a well-established international logistics solutions provider with core business of providing airfreight forwarding services and distribution and logistics services in relation to fashion products and fine wine, primarily focusing on high-end fashion (including luxury and affordable luxury) products. According to the CIC Report, the Company ranked first in the distribution and logistics market for high-end fashion products in both the PRC and Hong Kong in 2019. For more details, please visit the Company’s website: https://www.cnlogistics.com.hk
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XIXILI Embraces Inclusivity with Plus-Size Lingerie Launches for Chinese New Year and Hari Raya
Celebrating Every Curve with Confidence
XIXILI’s understanding of the importance of confidence and beauty for all individuals drives the creation of products tailored to complement traditional outfits such as the Cheongsam, Baju Kurung, and Kebaya, ensuring a flawless fit for every celebration.
For those requiring plus-size options, selecting lingerie designed with thoughtful details, such as full coverage, comfortable high side panels, double layered power-netting and a U-back design, ensures enhanced support and a naturally lifted silhouette. Popular choices include:
- Demi contour cup bras and full cup bras that accentuate your cleavage with better centralisation and high coverage.
- Firm-fitting girdles that provide high-waisted, 360-degree compression for a seamless finish under tight-fitting outfits.
Inclusive Sizing for Every Shape
As a lingerie brand that celebrates body inclusivity, XIXILI provides a wide range of sizes, ensuring the perfect fit and support for every woman. Some of XIXILI’s best-selling plus-size lingerie include:
- Rufina Ultimate Full Cup Bra and Rosie Full Coverage Bra: Designed with full coverage, high side panels, double-layered power-netting, and a U-back design for all-day comfort.
- Firm Control Long Girdle and Full Coverage High Waist Girdle: Crafted from smooth-touch, breathable fabric for optimal sculpting and support.
Self-Love Through Lingerie
Lingerie during this season is not solely about function—it represents self-love and self-expression. XIXILI’s vibrant and elegant designs suit various occasions, providing options for festive or romantic settings.
- Bright-coloured lingerie, such as the Cynthia Demi Lacey Bra in Red, bring luck and joy to Chinese New Year celebrations.
- Timeless lacey sets in black or pink, including the Rosie Lacey Bra, offering a delicate mix of elegance and playfulness for romantic occasions.
Celebrating in Style with XIXILI
From everyday essentials to bold statement pieces, XIXILI’s collections empower individuals to embrace natural curves and celebrate beauty with one of the widest ranges of plus-size bras and shapewear in Malaysia. As the festive season approaches, confidence is elevated through lingerie that combines comfort and elegance.
Celebrate Chinese New Year and Hari Raya with XIXILI, where comfort, confidence and styles come together, ensuring women feel their best for every festive moment.
For more information and to explore the full collection, visit XIXILI’s website today.
Hashtag: #XIXILI #CNYLingerie #LuxuryLingerie
https://www.xixili-intimates.com/my/
https://www.facebook.com/XIXILI.OfficialFanPage/
https://www.instagram.com/xixili_intima/
TikTok: https://www.tiktok.com/@xixili_intima?lang=en
Youtube: https://www.youtube.com/user/xixilipage
The issuer is solely responsible for the content of this announcement.
About XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 100, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping you find the perfect bra, boosting your confidence and enhancing your silhouette.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether it’s everyday wear or something special, XIXILI ensures women always look and feel amazing.
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