Media OutReach
Results of the ixCrypto Index Series Quarterly Review (2024 Q4) & IX Digital Asset Industry Index Series Half Yearly Review (2024 2H)
1. Constituent Review – ixCrypto Index Series
1.1 ixCrypto Index (“IXCI”)
The number of constituents will remain unchanged at 19 constituents with 2 additions and 2 deletions.
Additions
1. Stellar
2. Sui
Deletions
1. Aptos
2. Polygon
After the change, the free float adjusted market capitalization coverage is 82.62%*, while the 90-day-average volume is 77.39%* (excluding stable coin which has 6.21% of the total crypto universe). The constituents change above and recapping at 40% will be effective on 17 January 2025 (Friday).
Since the last review, there has been an increase in the crypto total market capitalization from USD2.17tn to USD2.89tn (+33.18%)#, and a increase in the daily volume from USD71.42bn to USD152.20bn (+113.11%)#. Bitcoin remains as the largest crypto in the constituent list, with its price has increased by 41.15% since the last review.
1.2 ixCrypto Portfolio Indexes
1.2.1 ixCrypto 5 Equal Weight Index (“IXEW5”) and ixCrypto 5 Square Root Index (“IXSR5”)
Addition
No addition
Deletion
No deletion
1.2.2 ixCrypto 10 Equal Weight Index (“IXEW10”) and ixCrypto 10 Square Root Index (“IXSR10”).
Addition
No addition
Deletion
No deletion
1.2.3 ixCrypto Altcoin 10 EW Index (“IXAEW10”) and ixCrypto Altcoin 10 SR Index (“IXASR10”).
Addition
1. Chainlink
Deletion
1. Polkadot
1.3 ixCrypto BTC/ETH Indexes
As of 31st December 2024, the market capitalization represented by the two indexes IX Bitcoin Index (IXBI) and IX Ethereum Index (IXEI) in ixCrypto BTC/ETH 5050 Index (“IX5050”) was 40.99%/59.01% respectively, a change from 43.69%/56.31% from 30th September 2024.
As of 31st December 2024, the market capitalization represented by the two indexes IXBI and IXEI in ixCrypto BTC/ETH Proportional Index (“IXPI”) was 43.69%/56.31% respectively, a change from 40.99%/59.01% from 30th September 2024.
The weight of IXBI & IXEI will be adjusted to 81.60%/18.40% respectively, at effective date 17th January 2025 from 78.19%/21.81% on 18th October 2024 (last effective date).
2. Constituent Review- IX Digital Asset Industry Index Series
2.1 ixCrypto Stablecoin Index
The number of constituents will increase to 5 with 1 addition and no deletion. Stable coin comprises 6.21% of the total crypto universe, and ixCrypto Stablecoin Index covers around 99.26% of the 90-day average market capitalization in stablecoin universe.
Addition
1. Ethena USDe
Deletion
No deletion
2.2 ixCrypto Infrastructure Index
The number of constituents will increase to 23 constituents, with 2 additions and no deletions.
Additions
1.Sui
2. Fantom
Deletion
No deletion
3. Exchange Review
As a result of exchange review, 10 exchanges passed the review process, which are as follows:
Passed Exchanges
1. Binance
2. Bitrue (New)
3. Bybit (New)
4. Upbit
5. Whitebit
6. Coinbase Advanced
7. OKEX
8. Gate.io
9. DigiFinex
10. Bitget
Removed Exchanges
1. P2PB2P
2. Huobi Global
The selected 10 exchanges will be taken to generate each of the fair average prices for the IX indexes’ constituents. The exchange review covers volume rankings, exchange background checking, founders’ background checking, USD/USDT/USDC/BTC pairs coverage, overconcentration rules, exchange API coverage checking and stability etc for an exchange.
After the meeting, IX Asia Indexes announces that the IX Asia Indexes will adopt a revised exchange selection methodology to reduce the number of selected exchanges from 10 to 8. This means each index constituent’s price will be an average of 8 instead of 10. This change has been approved by the IX Asia Indexes Index Advisory Committee and will take effect together with the next quarter’s review effective date in April 2025. The revision aims to raise the data stability and exchanges credit ratings that already have high market volume coverage. This strategic update reinforces our commitment to providing accurate, reliable, and high-quality benchmarks for the digital asset market.
For more details about our exchange selection criteria, please email in**@******ex.com
More details about the ixCrypto index, including their constituents, constituents’ weight are provided in the Appendices, or refer to the website https://ix-index.com/
*Exclude stable coins and exchange coins (based on conflict-of-interest rule methodology effective Oct 2, 2020)
#As of 31 December 2024, based on past 90 days average
Appendix 1
ixCrypto Index (“IXCI”)
| Universe | All crypto coins traded in at least two different exchanges around the world |
| Selection Criteria | Cryptocurrencies ranking in the top 80% of cumulative full market capitalization (“MC”) coverage and within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume |
| Number of Constituents | Variable/19 in Q4 2024 |
| Launch Date | 12th December 2018 |
| Base Date | 3rd December 2018 |
| Base Value | 1,000 |
| Reconstitution Rule | If the coverage is below 75% or any of constituents is not within an acceptable range in accordance with the Volume Buffer Rule in terms of 90-day average trading volume, IXCI will be reconstituted to bring MC coverage back and do liquidity screening. |
| Reconstitution and Rebalancing Frequency | Quarterly and with a fast entry rule |
| Weighting Methodology | Free float adjusted market capitalization weighted with a cap of 40% |
| Currency | US Dollar |
| Dissemination | Every 5 seconds for 24×7 |
| Website | https://ix-index.com/ |
Appendix 2
| Crypto | 90-day-average- Market Cap | 90-day-average-volume * | Cut-off
Price |
Cumulative
Market Coverage before Cap |
Weighting (%) After 40% Cap# | |
| 1 | Bitcoin | $ 1,653,346,686,963 | $55,700,564,812 | 92643.21 | 57.19% | 40.00% |
| 2 | Ethereum | $ 372,904,493,611 | $28,923,854,773 | 3356.39 | 70.09% | 28.97% |
| 3 | Solana | $ 92,517,695,642 | $4,696,383,712 | 191.03 | 73.29% | 6.57% |
| 4 | XRP | $ 73,519,084,861 | $8,093,922,867 | 2.06 | 75.84% | 8.46% |
| 5 | Dogecoin | $ 40,671,209,916 | $5,987,716,000 | 0.31 | 77.24% | 3.31% |
| 6 | Cardano | $ 24,222,742,887 | $1,588,004,259 | 0.86 | 78.08% | 2.17% |
| 7 | TRON | $ 17,918,987,041 | $1,106,336,563 | 0.25 | 78.70% | 1.56% |
| 8 | Avalanche | $ 14,453,177,241 | $752,645,851 | 35.91 | 79.20% | 1.05% |
| 9 | Toncoin | $ 14,198,145,889 | $326,520,961 | 5.58 | 79.69% | 1.02% |
| 10 | Shiba Inu | $ 13,201,346,341 | $1,259,766,322 | 0.00 | 80.15% | 0.89% |
| 11 | Chainlink | $ 10,523,400,832 | $951,515,621 | 20.58 | 80.51% | 0.94% |
| 12 | Polkadot | $ 9,415,826,014 | $570,815,666 | 6.70 | 80.84% | 0.74% |
| 13 | Sui | $ 8,871,169,768 | $1,522,100,374 | 4.18 | 81.15% | 0.88% |
| 14 | Bitcoin Cash | $ 8,574,389,714 | $566,961,600 | 443.34 | 81.44% | 0.63% |
| 15 | Stellar | $ 7,631,351,513 | $1,046,598,022 | 0.33 | 81.71% | 0.72% |
| 16 | Litecoin | $ 6,706,780,617 | $857,128,864 | 99.31 | 81.94% | 0.54% |
| 17 | NEAR Protocol | $ 6,651,505,963 | $602,999,876 | 5.04 | 82.17% | 0.43% |
| 18 | Pepe | $ 6,605,970,390 | $2,739,283,209 | 0.00 | 82.40% | 0.55% |
| 19 | Uniswap | $ 6,444,330,873 | $497,335,285 | 13.32 | 82.62% | 0.57% |
Weightings of the Constituents of ixCrypto Index
As of 31 December 2024
* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website
Appendix 3
Weightings of the Constituents of ixCrypto Portfolio Indexes
| Index Constituents | ixCrypto 5 EW Index | ixCrypto 5 SR Index | ixCrypto 10 EW Index | ixCrypto 10 SR Index | ixCrypto Altcoin 10 EW Index | ixCrypto
Altcoin 10 SR Index |
|
| 1 | Bitcoin | 20.00% | 47.50% | 10.00% | 38.42% | – | – |
| 2 | Ethereum | 20.00% | 22.30% | 10.00% | 18.04% | 10.00% | 27.82% |
| 3 | Solana | 20.00% | 10.62% | 10.00% | 8.59% | 10.00% | 13.25% |
| 4 | XRP | 20.00% | 12.05% | 10.00% | 9.75% | 10.00% | 15.04% |
| 5 | Dogecoin | 20.00% | 7.53% | 10.00% | 6.10% | 10.00% | 9.41% |
| 6 | Cardano | – | – | 10.00% | 4.93% | 10.00% | 7.61% |
| 7 | TRON | – | – | 10.00% | 4.19% | 10.00% | 6.46% |
| 8 | Avalanche | – | – | 10.00% | 3.44% | 10.00% | 5.31% |
| 9 | Toncoin | – | – | 10.00% | 3.38% | 10.00% | 5.22% |
| 10 | Shiba Inu | – | – | 10.00% | 3.16% | 10.00% | 4.88% |
| 11 | Chainlink | – | – | – | – | 10.00% | 5.00% |
Appendix 4
Weightings of the Constituents of ixCrypto BTC/ETH 50/50 Index
and ixCrypto BTC/ETH Proportional Index
| 90-day-average Crypto Market Cap | 90-day-average Crypto Volume | Index Level | Cumulative Market Cap Coverage | Weight in BTC/ETH 50/50 | Weight in BTC/ETH Proportional | |
| IXBI | $1,653,346,686,963 | $55,700,564,812 | $22373.87 | 57.19% | 50.00% | 81.60% |
| IXEI | $ 372,904,493,611 | $28,923,854,773 | $ 28838.88 | 70.09% | 50.00% | 18.40% |
Appendix 5
Weightings of the Constituents of ixCrypto Infrastructure Index
| Crypto | 90-day-average- Market Cap | 90-day-average-volume * | Cut-off Price | Cumulative
Market Coverage before Cap |
Weighting (%) After 40% Cap# | |
| 1 | Ethereum | $ 372,904,493,611.13 | $28,923,854,773 | $3,356.39 | 12.90% | 40.00% |
| 2 | Solana | $ 92,517,695,641.63 | $4,696,383,712 | $191.03 | 16.10% | 21.06% |
| 3 | Cardano | $ 24,222,742,887.03 | $1,588,004,259 | $0.86 | 16.94% | 6.94% |
| 4 | TRON | $ 17,918,987,041.10 | $1,106,336,563 | $0.25 | 17.56% | 5.01% |
| 5 | Avalanche | $ 14,453,177,241.43 | $752,645,851 | $35.91 | 18.06% | 3.38% |
| 6 | Toncoin | $ 14,198,145,888.78 | $326,520,961 | $5.58 | 18.55% | 3.27% |
| 7 | Chainlink | $ 10,523,400,831.52 | $951,515,621 | $20.58 | 18.91% | 3.02% |
| 8 | Polkadot | $ 9,415,826,014.13 | $570,815,666 | $6.70 | 19.24% | 2.36% |
| 9 | Sui | $ 8,871,169,768.28 | $1,522,100,374 | $4.18 | 19.55% | 2.81% |
| 10 | NEAR Protocol | $ 6,651,505,962.99 | $602,999,876 | $5.04 | 19.78% | 1.35% |
| 11 | Aptos | $ 5,775,300,789.13 | $455,906,191 | $8.87 | 19.98% | 1.14% |
| 12 | Hedera | $ 5,570,631,325.54 | $862,787,795 | $0.28 | 20.17% | 2.44% |
| 13 | Internet Computer | $ 4,687,766,472.02 | $191,472,147 | $10.03 | 20.33% | 1.10% |
| 14 | Ethereum Classic | $ 3,722,758,894.98 | $398,857,535 | $25.41 | 20.46% | 0.88% |
| 15 | VeChain | $ 2,922,926,364.19 | $127,235,272 | $0.04 | 20.56% | 0.82% |
| 16 | Stacks | $ 2,906,816,986.95 | $213,096,487 | $1.49 | 20.66% | 0.52% |
| 17 | Arbitrum | $ 2,903,723,109.63 | $534,575,605 | $0.73 | 20.76% | 0.71% |
| 18 | Mantle | $ 2,810,706,862.04 | $119,998,236 | $1.20 | 20.86% | 0.93% |
| 19 | Cosmos | $ 2,435,639,693.81 | $273,561,507 | $6.34 | 20.94% | 0.57% |
| 20 | Optimism | $ 2,425,343,124.03 | $367,872,059 | $1.82 | 21.03% | 0.57% |
| 21 | Fantom | $ 2,414,473,266.10 | $416,274,281 | $0.73 | 21.11% | 0.47% |
| 22 | Injective | $2,345,116,959.18 | $187,573,289 | $20.04 | 21.19% | 0.45% |
| 23 | Polygon | $1,046,202,224.40 | $18,988,005 | $0.46 | 21.23% | 0.20% |
As of 31 December 2024
* 90-day-average-volume ranking in total market is shown in the parentheses
# Weighting (%) after 40% Cap is adjusted according to the cut-off price, the arrangement of order may not be the same as 90-day-average-Market Cap
Selection of index constituents is based on the past 90-day-average market capitalization and volume.
For the calculation methodology of the index, please refer to the “ixCrypto Index Methodology Paper” on our website.
Appendix 6
Weightings of the Constituents of ixCrypto Stablecoin Indexes
| Crypto | 90-day-average- Market Cap | 90-day-average- volume |
Cut-off Price |
Cumulative Market Coverage before Cap |
Weighting (%) After 40% Cap | |
| 1 | Tether USDT | $128,448,943,914 | $122,344,000,567 | $1.00 | 4.44% | 40.00% |
| 2 | USDC | $38,123,748,722 | $9,087,285,469 | $1.00 | 5.76% | 40.00% |
| 3 | Dai | $5,364,795,644 | $127,138,381 | $1.00 | 5.95% | 7.99% |
| 4 | Ethena USDe | $3,831,640,493 | $111,784,914 | $1.00 | 6.08% | 8.73% |
| 5 | First Digital USD | $2,344,937,137 | $6,974,820,760 | $1.00 | 6.16% | 3.28% |
As of 31 December 2024
Appendix 7
ixCrypto Indexes Dissemination
Real time indexes are disseminated every 5-second interval for 24×7 since 23 June 2022. The real-time indexes are available for viewing on the IX Crypto Index official webpage. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI” and “IXEI”, with dissemination interval kept at 15-second unchanged.
The vendor tickers are shown below:
| Index Name | Bloomberg Ticker | Reuters Ticker |
| ixCrypto Index | IXCI | .IXCI |
| ixBitcoin Index | IXCBI | .IXBI1 |
| ixEthereum Index | IXCEI | .IXEI1 |
For further information about ixCrypto Index and other available indexes including IX Crypto spot price index series, please visit company official webpage https://ix-index.com or subscribe to LinkedIn: IX Asia Indexes
For data licensing and product, please contact us at li*******@******ex.com.
For free API use on academic research or trial, please contact en*****@******ex.com
Hashtag: #IXAsia #IXAsiaIndexes
The issuer is solely responsible for the content of this announcement.
About IX Asia Indexes and IX Asia Index Advisory Committee
IX Capital International Limited is an award-winning index and investment advisory company. The index business arm- IX Asia Indexes, providing real-time digital asset and innovative indexes, disseminated 24×7 globally and built on robust infrastructure. Since the launch of the first crypto benchmark index (“IXCI”) launched in Hong Kong in December 2018, the ixCrypto index series expand into 29 indexes designed for exchange futures product, mark to market and fund managers’ portfolio construction purposes. To ensure the professionality and impartiality of the index methodologies and operations, IX Asia Indexes has established its index advisory committee with representation from different industries, including fund management, exchanges, brokerage, financial blockchain experts, crypto service providers, etc. The committee will meet quarterly a year to discuss matters relating to the IX Asia Indexes, including to review and to comment the data sources, methodologies, and operations of IX Asia Indexes, to provide guidance to the future development of new IX Asia Indexes and to handle other issues and decisions on an as-needed basis.
IX Asia Indexes was awarded the Fintech Award (wealth investment and management) 2019 and 2021 organised by ETNet. It as well won an award for Startup of the Year and Basic Technology (Big Data) from Hong Kong Fintech Impetus Awards 2022 by Metro Broadcast and KPMG. It also won Asia Pacific Enterprise Achievement Award 2024 by Echolade. IX Asia Indexes completed its IOSCO compliance statement and obtained ISO/IEC 27001:2013 UKAS certification.
Website: https://ix-index.com/
Advisory Committee: https://ix-index.com/committee.htm
About IX Crypto Indexes
The ixCrypto index (“IXCI”) is the first crypto index launched in Hong Kong. It was launched on 12 December 2018. It is denominated in USD with a base value of 1000 and a base date on 3 December 2018. Designed to be easy to understand while providing a good representation of the crypto market, ixCrypto index aims to cover the top 80% of the cumulative free-float adjusted market capitalization in the crypto universe and, at the same time, the crypto currencies should fall within the top liquid cryptos ranked by trading volume in the 90 days preceding the review date. The index is to be reviewed quarterly and with a fast entry rule. Real time indexes are disseminated every 5-second for 24×7 since 23 June 2022. Real time index data together with ixBitcoin Index and ixEthereum Index can be obtained from IX Asia Indexes Data Services and Bloomberg terminal on IXCI <GO>. For IXCI, IXBI and IXEI, the indexes are also available through Nasdaq Global Index Data Service (GIDS) with the tickers “IXCI”, “IXBI”, “IXEI”, with dissemination interval kept at 15-second unchanged.
On its 30th Anniversary, Zoho Corporation exceeds milestone of 150 million users
SINGAPORE – Media OutReach Newswire – 5 March 2026 – Zoho Corporation, a global technology company, today marked its 30th anniversary with the announcement of two major company milestones. Zoho Corporation, consisting of Zoho, ManageEngine, Qntrl, and TrainerCentral, is now a trusted technology provider to more than one million paying customers and more than 150 million users globally. Today’s announcement follows significant YoY customer (32%) and revenue (20%) growth in 2025.
Zoho Corporation would foremost like to thank every one of its customers, big and small, whose loyalty and support has had an outsized impact on the company’s foundation, growth, and future success. To honor that commitment, Zoho Corporation is shining a light on a few dedicated customers, whose success it is proud to have helped support.
“‘What made us stick with Zoho for so long is consistency and trust. Zoho continues to invest in its platform with a clear long-term vision, not short-term trends. The products are stable, well integrated, and designed to support real business needs, which allows us to confidently recommend Zoho to our clients year after year,” said Alexon Garcia, Technical Delivery Manager, Devtac, Philippines. “As Zoho turns 30, we would like to thank the people building the products. Your focus on privacy, value, and practical innovation truly sets Zoho apart in the market. It shows that the company is built for the long run and not driven by hype.”
“For almost a decade of using Zoho Desk and Zoho SalesIQ, we have seen a huge improvement in the way we handle tickets and access reports, enabling our team to make faster, data-driven decisions. Over time, Zoho has naturally become an integral part of our daily operations because it is easy to use, reasonably priced, and continues to evolve based on real feedback from its users. A big thank you to the Zoho team for building such a powerful SaaS platform—we look forward to continuing to grow together in the years to come,” said Wildan Zubaidi, VP of Customer Experience, PT Biznet Gio Nusantara, Indonesia.
“During periods of rapid business expansion and operational complexity, particularly when organizations needed to move from fragmented systems to integrated digital platforms, Zoho played a critical role. Solutions such as Zoho CRM, Creator, Analytics, and Finance applications enabled faster decision-making, improved visibility, and operational resilience, especially during times of disruption and digital transformation. These moments reinforced Zoho’s value not just as a software provider, but as a strategic enabler,” said Henry Soo, Founder, DataDevelop Consulting Ltd., Hong Kong.
Recent customers to Zoho Corporation include: In the United States, Rapid Response Monitoring and Synergy Home Care; In India, Mercedes-Benz India, Force Motors, Joyalukkas and Union Bank of India; in the UK/European Union, Flora Food Group, Handl Tyrol and Atout France; in Middle East-Africa, Al-Ahli Saudi FC and Al Qadsiah FC; in LATAM, Grupo Gonher; and in Brazil, Creditas and Editora Globo.
“Being bootstrapped, private, and built entirely in-house makes Zoho an outlier among competitors,” says Sridhar Vembu, Co-founder and Chief Scientist, Zoho Corporation. “But vendors don’t need our help, businesses do, which is why delivering customer value has, for 30 years, been Zoho Corporation’s North Star. Before any innovation, strategy, or guiding principle becomes a product, pivot, or policy, it must first affirm the question, ‘Will this help businesses?’ We are incredibly grateful that companies around the world have responded so positively to our customer-first approach over the past three decades, and will continue to meet the evolving needs of businesses with powerful, scalable, and affordable solutions.”
To learn more about the unique growth stories of Zoho Corporation’s customers over 30 years, visit here.
Hashtag: #ZohoCorporation
https://www.zoho.com
https://www.linkedin.com/company/zohoapac
The issuer is solely responsible for the content of this announcement.
About Zoho Corporation
With 60+ apps in nearly every major business category, Zoho Corporation is one of the world’s most prolific technology companies. Zoho is privately held and profitable with more than 19,000 employees globally with headquarters in Austin, Texas and international headquarters in Chennai, India. Zoho APAC HQ is located in Singapore. For more information, please visit: www.zoho.com/
Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products. The company owns and operates its data centers, ensuring complete oversight of customer data, privacy, and security. More than 150 million users around the world, across hundreds of thousands of companies, rely on Zoho everyday to run their businesses, including Zoho itself. For more information, please visit: https://www.zoho.com/privacy-commitment.html
Media OutReach
Southco’s New Heavy-Duty Rotary Latch Simplifies Cab Access While Enhancing Operator Safety
The new R4-50 Rotary Latch provides the heavy-duty performance that modern machinery demands, to tackles vibrations, safety-risking accidental releases, and complex access delays in rough environments.
Engineered for demanding conditions, the R4-50 delivers:
- Independent interior and exterior actuation – making it easier and safer to enter and exit equipment cabs.
- A pre-loaded interior hand lever – purpose-built for high-impact environments, reducing noise and vibration while ensuring smoother, more reliable operation.
- Accidental actuation prevention – minimizing unintended movement to keep operators secure and equipment protected.
- Flexible release options – including remote actuator connection via cable or rod, or direct push release, to meet different cab design needs.
Southco’s R4 Rotary Latch series is highly durable, and is available in a variety of configurations that meet customer needs with little to no modification, including compact mechanical and electromechanical designs made of durable materials suitable for any environment. R4-50 Rotary Latches with Dual Triggers are compliant with FMVSS 206 impact standards, IP65 dust and water intrusion standards, EN 45545-3 fire protection standards, as well as applicable vibration standards.
As a heavy-duty upgrade to Southco’s trusted R4 Rotary Latch line, the R4-50 with Dual Triggers combines operator safety, rugged durability, and simplified access in one cost-effective system. The latch is also compatible with Southco AC actuators, offering OEMs a low-investment, high-value option for enhancing their cab entry solutions.
Global Product Manager Cynthia Bart adds, “The new R4-50 Rotary Latch with Dual Triggers offers a complete, highly versatile cab door entry system for use in heavy-duty construction and agricultural vehicles. The latches are compatible with Southco AC Actuators, allowing designers to quickly and affordably upgrade their existing designs.”
For more information about the functionality of R4-50 Rotary Latches, please visit southco.com or email the 24/7 customer service department at in**@*****co.com
Hashtag: #Southco
The issuer is solely responsible for the content of this announcement.
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 75 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.
Media OutReach
DBS Hong Kong collaborates with Know Your Customer Limited to further improve digital account opening for SMEs
Leveraging Know Your Customer’s cutting-edge digital compliance platform, DBS Hong Kong will gain real-time access to comprehensive business verification data — including instant retrieval of official company documents and automatic identification of complex ultimate beneficial ownership (UBO) networks across more than 140 jurisdictions.
This AI-powered automation addresses the traditionally manual and cumbersome SME onboarding processes by streamlining the end-to-end business KYC process, efficiently verifying corporate structures and ownership, reducing manual effort and accelerating onboarding timelines. The result is significantly enhanced operational efficiency and a faster, more seamless onboarding experience for DBS Hong Kong’s business customers.
[Lareina Wang, Head of SME Banking, DBS Bank Hong Kong] said,
” At DBS Hong Kong, we are dedicated to reimagining the customer onboarding experience through continuous digital innovation. By engaging Know Your Customer, we leverage advanced technology to streamline CDD workflows, delivering faster service to our customers. This collaboration also represents a major advancement in automating SME onboarding processes that have historically been complicated and manual, solidifying SME banking position of DBS in the market of Hong Kong. “
Claus Christensen, CEO and Co-Founder of Know Your Customer, added,
“Our service provided to DBS Hong Kong exemplifies how financial technology can simplify complex onboarding challenges. With our global data coverage and AI-powered automation, we empower DBS Hong Kong to accelerate KYC processes and provide business customers with an unrivalled onboarding journey. Together, we are shaping the future of digital banking.”
In recognition of its visionary digital strategy, DBS Hong Kong was named Asia’s Best Digital Bank in 2025 by Euromoney. The bank also continues to lead digital innovation, evidenced by over 70% of Hong Kong SMEs already integrating or exploring AI and digital technologies as part of their operations, according to its recent SME survey.
This transformative collaboration underscores DBS Hong Kong’s unwavering commitment to innovation and delivering safe and trusted digital onboarding solutions in Asia’s rapidly evolving financial landscape.
Hashtag: #KnowYourCustomer
The issuer is solely responsible for the content of this announcement.
About DBS Bank (Hong Kong) Limited
DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named “
World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025. In 2026, DBS won the “Triple A award – Best Digital Customer Onboarding Experience – Hong Kong”
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.
DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.
About Know Your Customer Limited
Know Your Customer Limited is an award-winning RegTech company specialised in next-generation business verification solutions for financial institutions and regulated organisations worldwide. For teams struggling with inefficient client due diligence and onboarding processes, Know Your Customer offers an intuitive digital compliance workspace that combines unmatched real-time registry data, covering over 140 countries, seamless integrations, and AI-powered smart automation. This streamlined approach transforms the compliance function at its core, allowing customers to customise their solutions by selecting only the functionalities they need, all accessible via a robust REST API.
Founded in Hong Kong in 2015, with a local presence in Singapore, Dublin, London, and Shanghai, Know Your Customer has built a global customer base across 11 verticals and 18 jurisdictions. The company also maintains a wide network of technology and data partners, ensuring high-quality entity data and enhanced compliance processes for its customers.
For more information visit https://knowyourcustomer.comor follow Know Your Customer Limited on 
LinkedIn or 
X.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn