SINGAPORE – Media OutReach Newswire – 13 January 2025 – Infinity Financial Advisory is pleased to announce the launch of the i-NITIATE® Client App 2.0, an upgraded platform designed to improve the wealth management experience for its clients. This new app provides easy access to your financial data, and insightful content – all while rewarding you for staying engaged.

i-NITIATE® Client App 2.0

The i-NITIATE® Client App 2.0 offers a unified platform for all your financial management needs. Exclusively for Infinity FA clients, the app enables easy access to your investment portfolio, policy details, and other exclusive benefits from our partners, all from a single user-friendly interface. You can find out more about i-NITIATE® Client App at client-app.infinityfa.com.sg.

Improved Financial Management

This updated app introduces a rewards system that encourages engagement through activities like logging in and attending seminars, with the option to earn and redeem Infinity Points. It also includes partnerships for high-yield savings accounts and premium services, aimed at simplifying and enhancing your financial strategy.

Key Features

The app’s user-friendly design supports efficient financial management, whether you are tracking investments or accessing personalised advice. It features robust security measures, including biometric authentication, to protect your data.

New features include the “Enquire Shortfall” tool, which helps identify and address gaps in your financial coverage, and the “Coin Frenzy” in-app game, which offers a fun way to earn rewards through monthly competitions.

Leadership Insight

Poh Choon Kia, CEO of Infinity Financial Advisory, said, “We are pleased to introduce this major revamp of our i-NITIATE® Client App. The i-NITIATE® Client App is an extension of our commitment to making your financial journey simpler, more secure, and highly rewarding for you.”
Hashtag: #InfinityFinancialAdvisory

http://client-app.infinityfa.com.sg
https://sg.linkedin.com/company/infinity-financial-advisory
https://www.facebook.com/InfinityFinancialAdvisoryPteLtd
https://www.instagram.com/infinityfinancialadvisory/

The issuer is solely responsible for the content of this announcement.

Infinity Financial Advisory

Come As You Are, Leap Forward With Us.

Infinity Financial Advisory started in July 2023, and currently has a company size of almost 280 financial advisors and staff. At Infinity FA, our vision is to be our clients’ guiding light through the infinite financial universe, one that is filled with countless options and opportunities. We focus on advancing wealth management with innovative solutions and personalised service, striving to support our clients with effective tools and exceptional service.

For more information about the i-NITIATE® Client App or Infinity Financial Advisory, please contact:

[email protected]

DHAKA, BANGLADESH – Media OutReach Newswire – 10 January 2025 – The Best Places to Work certification program has recognized Foodpanda and Novo Nordisk as the top two best places to work in Bangladesh for 2024. These leading organizations are celebrated for their exceptional commitment to employee well-being, innovation, and the creation of people-first workplace cultures.

Foodpanda, a leading online food delivery platform, has earned the top spot in Bangladesh for its dedication to fostering a work environment where employees are empowered, supported, and encouraged to thrive. The company’s emphasis on work-life balance, growth opportunities, and a collaborative atmosphere has set a new benchmark for excellence in the region. In addition to its people-first initiatives, Foodpanda has invested heavily in modern workplace technologies, employee recognition programs, and regular feedback mechanisms. These efforts ensure continuous improvement and a workplace where employees feel heard and appreciated. Foodpanda’s commitment to driving employee engagement, building a diverse and inclusive workplace, and offering personal and professional growth has contributed to its success as the number one employer in the country.

Novo Nordisk, a global healthcare leader, secured the second position for its focus on employee well-being and professional development. The company has built a people-centric culture that emphasizes innovation, inclusion, and flexibility, ensuring that its employees feel valued and motivated to excel. Furthermore, Novo Nordisk has introduced comprehensive wellness programs, mental health support, and initiatives promoting gender equity and sustainability within the workplace. These efforts reflect the company’s long-standing mission to create a positive and enriching environment for its workforce. Novo Nordisk offers continuous opportunities for growth and development, empowering its workforce to achieve both personal and professional success. Its commitment to fostering a balanced and supportive work environment has earned it a place among the top employers in Bangladesh.

These two companies have set exceptional standards for workplace excellence in Bangladesh, providing environments where employees are valued, supported, and motivated to contribute to organizational success.
Hashtag: #BestPlacesToWork

The issuer is solely responsible for the content of this announcement.

Best Places to Work

Best Places to Work is an international certification program recognized for identifying top workplaces worldwide. The program helps organizations benchmark their HR practices, improve employee satisfaction, and celebrate outstanding employee experiences.

For more information, visit: www.bestplacestoworkfor.org

HONG KONG SAR – Media OutReach Newswire – 10 January 2025 – Today, IX Asia Indexes announced the 2^nd Half 2024 Review of the IX Digital Asset Industry Classification System (“DAICS^®“), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS^® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens in a 3-tier system for each category. For Cryptocurrencies: Tier 1-Industry/ Tier 2-Sector/ Tier 3-Sub-sector; for Asset Backed Tokens: Tier 1-Asset Type/ Tier 2-Branch/ Tier 3-Sub-branch (Appendix 1). The results are as follows:

a) Cryptocurrencies
i) Structure and definitions
Tier 1: Industry Changes
The industry groups remain unchanged with 5 industries. The industry names and definitions also remain unchanged.
1) Payment (110)
2) Infrastructure (120)
3) Financial services (130),
4) Tech & Data (140) and
5) Media & Entertainment (150).

Tier 2: Sector Changes
The number of sectors remain unchanged with 16 sectors. There is no modification in Sector names as well as the definition of the sectors.

ii) Classification Changes
No Change

iii) Green coins label
There are 9 Greens coins in this review, labelled green in the following table:

	Energy Efficient Consensus Mechanism (Pos, PoH, PoA, Hashgraph)	Renewable Energy Use
Payment	Ethena USDeG (New) FDUSDG (New)	NIL
Infrastructure (120)	NIL	SOLG VETG
Financial Services (130)	LEOG (New) OKBG (New)	NIL
Tech & Data (140)	NIL	NIL
Media & Entertainment (150)	PEPEG (New) WIFG (New) IMXG	NIL

iii) Coverage of DAICS^®
DAICS^® coin coverage: top 50 coins by average market capitalization across past 90 days.
DAICS^® market capitalization coverage: 89.32%*
The % coverage of market capitalization of the 50th ranked coin: 0.0802%
Member changes within the TOP 50 coins in DAICS^®: 5 coins in and 6 coins out.

(For more details about the industry weighting and the 6 changes, please see Appendix 4)

*As of 9^th 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 17^th 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.

Sector Weighting of the Classification System**

*Special Currency Treatment of DAICS^® applies
**Based on 9^th Dec 2024
G: Green Label

Classification of top 50 coins by Market Capitalization

Category	Industry	Sector	Cryptocurrencies
Cryptocurrencies	Payment: Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins.	Transaction & Payment	BTC XRP BCH LTC	XLM KAS CRO XMR
		Stablecoin	USDT USDC DAI	USDeG FDUSDG
	Infrastructure: Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc	Application Development Protocol & Smart Contract	ETH SOLG ADA TRX TON AVAX SUI NEAR	APT ICP HBAR ETC VETG INJ FTM
		Interoperability	DOT LINK	ATOM
		Scaling & Sharding	POL STX MNT	ARB OP
		Supporting System	Nil
	Financial services: Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services	Exchange Tokens	BNB LEOG	UNI OKBG
		Lending & Borrowing	AAVE
		Staking	Nil
	Tech & Data: Provision of data management and storage, and development of innovative crypto technology	Storage & Sharing	FIL	RENDER
		Data Management	Nil
		Artificial Intelligence	TAO FET
	Media & Entertainment: Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles	Social Media & Community	DOGE WIFG	SHIB PEPEG
		Streaming	NIL
		Gaming	IMXG
		Metaverse	NIL

Note: G as ‘Green‘ labelling for cryptocurrencies that adhere to the principles of sustainability

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.