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From Providing Cutting-Edge AI Traffic Management Tech To Helping Manage It – Iteris Could Be Key Ally For Government Agencies Revolutionizing America’s Roadways

Benzinga

By Austin DeNoce, Benzinga Urban mobility and the network of traffic management solutions underpinning it, face several challenges, ranging from traffic signal inefficiencies to safety risks. Put simply, the current roadway system is largely outdated. Amid this landscape, the infrastructure management company Iteris Inc. (NASDAQ: ITI) is bringing the American transportation system into the modern age through smarter, safer and more sustainable urban mobility solutions. The company’s suite of technologies and domain expertise are helping enhance traffic flow, increase road safety and minimize carbon emissions. One of the most exciting ways Iteris is accomplishing this is through its expertise in signal performance. The Advantages Of Improving Signal Performance Optimizing traffic signal performance yields substantial benefits across multiple areas of urban mobility. By honing signal timing and coordination, Iteris says it can help significantly mitigate traffic congestion to enhance the overall flow of traffic. This would directly contribute to heightened road safety because well-optimized signals can reduce the frequency and severity of intersection-related accidents. Smoother traffic flow also translates into less stop-and-go driving, which in turn lowers vehicle emissions. Such advancements are significant in the push toward sustainable urban environments, where air quality and carbon footprint are a growing concern. Overall, Iteris' initiatives in signal performance optimization embody a holistic approach to addressing speed and safety challenges related to urban traffic, while also leading to major reductions in emissions. ClearGuide And Signal Trends The recent introduction of Iteris’ ClearGuide Signal Trends marked a pivotal advancement in traffic light management technology. Utilizing data from cloud-connected vehicles, Signal Trends identifies issues at traffic signals without the need for additional hardware, streamlining the process for traffic managers to locate and address malfunctions swiftly. This innovation not only accelerates improvements – leading to reduced wait times for drivers and overall satisfaction – but also integrates seamlessly with existing Iteris tools to bolster traffic flow efficiency. By leveraging anonymized vehicle data, Signal Trends offers a comprehensive overview of traffic light performance across various regions. This capability aims to ensure that cities can proactively address signal-related delays and prioritize repairs or adjustments based on real-time data, bypassing traditional, costly data collection methods. With its nationwide application, Signal Trends aims to provide significant enhancement in traffic management strategies, fostering a smoother and safer driving experience. Support For Transportation Agencies Iteris also focuses on delivering managed services that utilize its cutting-edge technology, including its proprietary ClearGuide software, to enhance traffic flow and safety across urban landscapes. By monitoring and analyzing traffic data, Iteris’ congestion management service proactively spots and rectifies traffic-related issues, thereby mitigating congestion and facilitating smoother, safer commutes. This approach is particularly relevant during highway construction projects, where it ensures optimal traffic signal timing and uninterrupted traffic flow. Beyond congestion management, Iteris aids transportation agencies in managing their technology assets, improving the performance and reliability of traffic sensors and signals. Significant contracts such as a $6 million agreement with the Illinois Department of Transportation and a $9.6 million deal with the Orange County Transportation Authority underscore Iteris' ongoing role in elevating urban mobility by refining traffic signal timing with the aid of ClearGuide technology. These partnerships highlight Iteris’ commitment to advancing safety, efficiency and sustainability across regions, as well as the growing demand for its solutions. Successful implementations in regions like Lake Forest, CA, Arizona and Southern California further highlight Iteris' dedication to fostering smart mobility solutions nationwide. In fact, Iteris even provides consulting services to assist agencies in crafting strategic plans for signal timing optimization. Together, these initiatives make Iteris a key ally for agencies in potentially transforming traffic management practices and endorsing safer, more efficient transportation systems nationwide. Leading The Way In Smart Mobility Solutions Iteris continues to redefine the limits of traffic management through its ongoing innovation and dedication to improving urban mobility. By integrating advanced technologies like ClearGuide Signal Trends with its managed and consulting services, Iteris says it is addressing today's traffic challenges while paving the way for the future of smart mobility solutions. The company has a clear vision of safer, more efficient and sustainable traffic systems worldwide and a robust portfolio of services to back it up. Featured photo by Mark Boss on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 18, 2024 08:30 AM Eastern Daylight Time

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FiscalNote (NYSE: NOTE) Strategic Review In Focus As Board.org Divested For $103 Million Or 7x Sales, Company Surpasses Adjusted EBITDA Guidance

Benzinga

By Austin DeNoce, Benzinga FiscalNote (NYSE: NOTE) is a leading provider of policy and global intelligence insights that operates through a blend of data and technology. The company was founded in 2013 and has been at the forefront of offering essential tools and insights for strategic decision-making ever since. FiscalNote has a global presence catering to an extensive client base, including names like CQ, FrontierView, Oxford Analytica and VoterVoice. The company recently shared its fourth-quarter and full-year financial results that shed more light on its performance and the direction it is headed in 2024. Strategic Review Following the announcement of FiscalNote’s formation of a Special Committee in November and receipt of inbound interests, the Board along with their advisors commenced a strategic review process to evaluate all strategic options available to the company. Strategic reviews aim to maximize shareholder value. Fourth Quarter Financial Highlights FiscalNote's financial performance in the fourth quarter showcased its growth trajectory toward profitability. The company reported a 9% increase in revenue totaling $34.3 million, which was largely driven by its proprietary Security Intelligence and Analysis Service (SIAS) subscription platform and in line with its November 2023 guidance. The company also reported a gross profit of $28.3 million with a gross margin of 83% on a non-GAAP basis. Adjusted EBITDA was $3 million, surpassing the guided figure of approximately $2.5 million and marking a 157% year-over-year increase from a loss of $5.2 million in the fourth quarter of 2022. FiscalNote reported a GAAP net loss of $51 million for the quarter, which represented an improvement over the previous year. Other operational metrics for the fourth quarter included a 10% increase in run-rate revenue to $140 million, with organic run-rate revenue rising 4% to $130 million. Meanwhile, annual recurring revenue increased by 11% to $126 million, with organic ARR of $119 million; a 6% increase. Finally, the revenue retention rate for the quarter was 99%. Full-Year 2023 Results And Highlights In 2023, FiscalNote reported a 17% increase in revenue to $132.6 million, largely fueled by an 18% increase in subscription revenue, which accounted for 90% of the total. Although the company recorded a net loss of $115.5 million for the year, this was partly due to $72.8 million in net non-cash items – expenses like depreciation and stock-based compensation that don't involve actual cash outflow. The company also narrowed its adjusted EBITDA loss to $7.5 million from a $24.5 million loss in 2022. In terms of operational highlights, FiscalNote took meaningful steps to solidify its leadership in global policy and market intelligence, achieving milestones such as securing contracts with major U.S. and global brands, expanding its public sector footprint and enhancing partnerships with influential trade associations and advocacy groups. The company also focused on operational efficiency, implementing a cost reduction plan that saved approximately $25 million. Significant strategic initiatives for the year included collaborations with OpenAI and other tech giants, the expansion of its global policy coverage to over 80 countries and the acquisition of Dragonfly, a provider of geopolitical intelligence. FiscalNote launched AI products to enhance policy and risk management workflows, expanded its patent portfolio and received several awards for its SaaS solutions. Sale Of Board.org In addition to its financial results, another significant development from FiscalNote was its sale of the peer-to-peer executive community platform Board.org to Executive Platforms for total consideration of $103 million, including $95 million in cash. Board.org was a non-core, separately run business from FiscalNote. The transaction allows FiscalNote to significantly deleverage its capital structure by reducing senior debt and it highlights the significant value implied by the look-through multiple from Board.org. CEO Tim Hwang said it was a demonstration of FiscalNote's undervaluation in public markets and its ability to deploy capital and drive returns. The sale of Board.org represented roughly 10% of FiscalNote's full-year 2023 revenue and was executed as a strategic step to concentrate on its core expertise in policy, regulatory and geopolitical intelligence as it further expands its AI-enabled intelligence solutions. FiscalNote's March Forward FiscalNote's recent financial results and the strategic sale of Board.org illustrate the company's ongoing efforts to optimize its operations and focus on its core competencies. By streamlining its product strategy and strengthening its balance sheet, FiscalNote argues that it is positioning itself for sustainable growth and continued innovation in the policy and global intelligence sectors. As the company moves forward, it remains committed to leveraging AI and technology to provide actionable insights, with a clear focus on enhancing profitability and operational efficiency. Featured photo by Aditya Joshi on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 18, 2024 08:25 AM Eastern Daylight Time

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ToolsGroup Reimagines Supply Chain Decisions: Unveiling Decision Hub and GenAI-Assisted Planning at Hannover Messe

ToolsGroup

ToolsGroup, a global leader in supply chain planning software, is set to unveil its latest innovations in decision-centric planning at Hannover Messe. As a pioneer in adopting AI-driven solutions that enable supply chain executives to navigate uncertainty, ToolsGroup has long been on the cutting edge, enabling smarter, faster decisions that drive profit. With the release of Decision Hub, ToolsGroup now makes continuous, collaborative and asynchronous decision-making in response to supply chain volatility simple. Supply chain leaders face unprecedented and increasing supply chain disruptions. They need a more effective and efficient way to evaluate options, mitigate risks, and exploit opportunities as situations arise. Decision Hub transforms traditional supply chain decision-making by bringing together the right stakeholders at the right time, armed with the right information to make better decisions faster. Rather than struggling to find a time for a meeting or collaborating piecemeal in chats and a rapidly expanding email thread to make delayed decisions informed by outdated and cobbled-together data, supply chain executives can leverage Decision Hub to collaborate asynchronously in a virtual situation room, run multiple scenarios, evaluate potential impacts, and decide on the most profitable response. ToolsGroup is revolutionizing customer productivity and value delivery through GenAI, reshaping the user experience within the SO99+ suite. This cutting-edge chatbot, integrated as a beta solution, integrates Microsoft AI Services, including Azure OpenAI Service in addition to Azure Kubernetes Service to offer unprecedented visibility into ToolsGroup’s proprietary engines’ autonomous decisions. Available for testing at Hannover Messe, it allows users to harness Natural Language Processing to interact with the solution effortlessly. This ensures seamless alignment with business objectives and facilitates critical decision-making. As the feature evolves, users will effectively have an SO99+ expert at their fingertips. These innovations lay the groundwork for ToolsGroup’s vision of decision-centric planning. "Today, data latency, poor collaboration, and rigid decision-making processes all work against companies trying to make the right decisions in the face of uncertainty. Supply chain leaders must collaborate seamlessly and respond in real-time to critical events, adapting production and distribution plans to changes in demand and supply. Decision Hub reimagines this process, innovating decision collaboration for the speed of today’s supply chain,” said Robert Kaufholz, Senior VP of Product Management at ToolsGroup. “We are thrilled to unveil our latest innovations for true decision-centric planning with Microsoft at Hannover Messe. Together we are helping customers transform their businesses and are delivering impactful, human-centered solutions to the market.” Dominik Wee, Corporate Vice President, Manufacturing and Mobility at Microsoft added, “Microsoft AI capabilities provide ToolsGroup access to powerful language models, effortlessly tailored to specific tasks. This integration enables ToolsGroup to provide solutions that ensure seamless coordination between business goals and human-focused solutions.” Find out more about ToolsGroup’s solutions for manufacturing here. Join ToolsGroup at Hannover Messe to experience firsthand how Decision Hub and GenAI are reshaping the future of the supply chain - Find us in the Microsoft Booth, Hall 17 Stand G06, April 22-26. Book a meeting with our experts. About ToolsGroup ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our supply chain planning suites empower a new level of intelligent decision-making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

April 18, 2024 08:00 AM Eastern Daylight Time

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Adobe's New Acrobat AI Assistant

News Media Group, Inc.

Contact Details News Media Group, Inc. Karl Wayne +1 334-440-6397 karl@newsmg.com Company Website https://newsmg.com/

April 18, 2024 07:00 AM Eastern Daylight Time

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HTX Participates as Sponsor in Blockchain Life 2024 Dubai, Driving Conversations on Cryptocurrency Adoption

HTX

HTX, a leading global cryptocurrency exchange, secured a prominent presence as a registration sponsor and a sapphire sponsor at Blockchain Life 2024 held in Dubai, United Arab Emirates from April 15 to 17. The decade-long exchange is committed to fostering innovation and development within the blockchain space. This strategic sponsorship not only allowed HTX to demonstrate its brand strength but also served as a platform to connect with a global audience of crypto enthusiasts and entrepreneurs, facilitating the widespread adoption of cryptocurrencies. HTX's professional and forward-thinking image resonated with attendees, garnering significant attention throughout the event. Additionally, HTX VIP Client Services Head Charmaine was invited to participate in theme-based panel discussions, where she engaged with industry experts to explore current trends, challenges, and prospects in the cryptocurrency market. On April 15, in a panel titled "Conductors in the World of Cryptocurrencies: What Top Exchanges Think about 2024?", Charmaine highlighted the burgeoning growth of DeFi, NFTs, metaverse, and AI over the past two years and the emergence of innovative technologies and projects, particularly within the early-stage AI sector. She also expressed that HTX, as a leading exchange, recognizes its responsibility to drive the development of these sectors. According to Charmaine, HTX outlined its plans to foster collaboration with developer communities, organize hackathons, and identify promising projects at an early stage. The exchange further pledged to support these premium projects through facilitated listings, expedited market entry, and strategic guidance for operational and market expansion – all aimed at propelling the Web3 ecosystem forward. Addressing security concerns, Charmaine emphasized HTX's commitment to user protection. The exchange leverages Merkle tree proof of reserves and third-party custody services such as Fireblocks to deliver a comprehensive security framework, ensuring a trusted trading environment. Additionally, a series of HTX-hosted events will take place in Dubai to connect with top ecosystem partners and projects in the industry, media friends, and the blockchain community. This includes “Core's Bitcoin Social Afterparty” hosted by Core Foundation and HTX Ventures, and an exclusive meetup with HTX’s key market makers in Dubai. Held on April 18, the highly anticipated HTX Dubai Whale Night will take place at an avant garde urban playground, Papa Dubai. Sponsored by DeepLink, a decentralized AI cloud gaming protocol, the theme of the event is "Innovators Unite, Pioneering the Frontier" and notable attendees include H.E. Justin Sun, a member of HTX Global Advisory Board, Edward, HTX Ventures Managing Partner, and Park JiHye, DeepLink CSO, who will each deliver a speech on the development of the cryptocurrency industry. Dubai, as a leading hub for global blockchain development, serves as a testament to HTX's global vision and confidence in the crypto market. HTX's active participation in Blockchain Life 2024 served as a springboard for extensive dialogues with policymakers, industry leaders, and global crypto communities, further solidifying its influence in the cryptocurrency space. Moving forward, HTX remains committed to proactive dialogue with the industry to explore innovations and collaborations on driving global adoption and application of cryptocurrencies and shape a more open and interconnected Web3 ecosystem. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 18, 2024 05:36 AM Eastern Daylight Time

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Bitcoin's 4th Halving Is Approaching! Vie for 30,000 USDT in HTX's Bitcoin Halving-Themed Trading Contest

HTX

The 4th Bitcoin halving event is expected to occur on April 20, after which mining rewards will be reduced from 6.25 BTC to 3.125 BTC per block. Currently, the crypto market is unstable, with Bitcoin price hovering around the $63,000 mark. To commemorate this momentous occasion, HTX is rolling out a Bitcoin Halving-Themed Trading Contest! Traders can compete for a share of the 30,000 USDT prize pool by engaging in spot, futures, or margin trading of BTC-related cryptocurrencies. As per HTX's official announcement, the event kicked off at 12:00 (UTC) on April 17. Traders can split a prize pool of 30,000 USDT by trading BTC, BCH, LTC, ETC, and CORE in spot, futures, or margin. The event, comprising a Spot & Margin Trading Contest and a Futures Trading Contest, is scheduled to last for eight days, starting from 12:00 (UTC) on April 17 until 12:00 (UTC) on April 25. Event 1: [Spot & Margin Trading Contest] Trade Designated Cryptos in Spot to Split 5,000 USDT Trading BTC, BCH, LTC, ETC, and CORE in spot and margin during the event period, participants are eligible to share the 5,000 USDT prize pool based on their spot and margin trading volumes. Moreover, users engaging in margin trading for BTC/USDT, BCH/USDT, LTC/USDT, ETC/USDT, and CORE/USDT will have their trading volume multiplied by 2 times for this event. Throughout the event, users who visit the event page on any given day will be automatically enrolled in the event, and their trading volume during the event period will be calculated. Failure to do so will disqualify users from receiving any rewards. Event 2: [Futures Trading Contest] Trade Futures on Designated Cryptos to Split 25,000 USDT During the event, participants trading USDT-M futures on designated cryptos (including futures copy trading) can share a prize pool of 25,000 USDT in Futures Trial Bonuses based on their cumulative futures trading volume rankings. Refer to the following table for details. The 1st place winner will secure a reward of 5,000 USDT in futures trial bonuses. Users need to click Register Now to participate in the Futures Trading Contest. The total prize pool of this event is set at 30,000 USDT. Rewards will be credited to winners' HTX accounts within 14 working days after the end of the event. While continuing to provide a secure and diverse trading experience, HTX is committed to offering new opportunities for wealth growth to users worldwide by following industry events closely. https://www.htx.com.ec/support/en-us/detail/64967651911076 About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 18, 2024 03:41 AM Eastern Daylight Time

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Rail Vision score major US order advancing railway safety using its AI technology

Rail Vision Ltd

Rail Vision CEO Shahar Hania joined Steve Darling from Proactive to share exciting news about the company securing an order for its innovative AI-powered Switch Yard System from a Class 1 freight rail company in North America. This order, previously announced, marks a significant milestone for Rail Vision as it expands into the North American market and sets a new standard for safety and efficiency in rail operations. The freight rail company, one of the largest in North America, will install and evaluate the system on its locomotive to test various safety scenarios. Hania explained that Rail Vision's Switch Yard System utilizes electro-optic sensors combined with AI, machine learning, and Advanced Driver Assistance System solutions to address limited vision issues, extending the range of sight and reducing downtime. By enhancing punctuality, efficiency, and safety, the system aims to revolutionize rail operations. This announcement comes shortly after Rail Vision received another order for its AI-driven Switch Yard System from Loram, a leading US-based provider of railway track maintenance equipment and services. The order from Loram serves as a pilot project to integrate Rail Vision's advanced technology into Loram's rail track maintenance operations. This collaboration underscores both companies' commitment to advancing railway safety and operational efficiency. If the pilot project proves successful, Rail Vision and Loram will explore opportunities to expand their collaboration, potentially integrating Rail Vision's innovative solutions into Loram's service offerings across the United States. This strategic partnership highlights the potential for Rail Vision's technology to make a significant impact on the railway industry's safety and efficiency standards. Watch the full interview for more insights into Rail Vision's recent developments and its vision for the future of rail transportation. Contact Details Proactive North America Proactive North America +1 604-688-8158 NA-editorial@proactiveinvestors.com

April 17, 2024 02:34 PM Eastern Daylight Time

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ARway.ai announces prestigious George Mason University sign up for company platform

ARway.ai

ARway.ai Chief Executive Officer Evan Gappelberg joined Steve Darling from Proactive to unveil an exciting development: George Mason University (GMU) has partnered with ARway.ai and is set to integrate the ARway platform into its campus infrastructure. As part of a visionary project slated for 2024, GMU will deploy ten spatial maps across its sprawling campus, revolutionizing campus navigation and enhancing the overall student experience. In his discussion with Proactive, Gappelberg highlighted the significance of this partnership, noting GMU's substantial undergraduate enrollment of approximately 27,014 students and the expansive campus spanning 817 acres. The scheduled deployment of ARway is poised to commence in early summer, affording the university ample time to rigorously test the platform's capabilities and gauge its efficacy before potentially implementing a full campus rollout in 2025. The ambitious plans for 2024 include an expansion of the augmented reality tour, empowering students to seamlessly locate and navigate to various offices and buildings across the campus. By leveraging ARway's innovative technology, GMU aims to enhance the accessibility of campus resources and elevate the overall student experience to unprecedented levels. Moreover, GMU has already taken proactive steps to share its pioneering experiences with ARway, having submitted several conference proposals to disseminate findings on this groundbreaking technology. Additionally, dedicated time has been allocated for further research and development efforts over the summer, underscoring GMU's commitment to harnessing cutting-edge tools to enrich the educational journey of its students. The enthusiasm at GMU for exploring the interactive capabilities of ARway is palpable. Preliminary beta testing has instilled confidence in the platform's potential to foster engagement and promote self-efficacy, both of which are integral to the long-term success of the college experience. As GMU embarks on this transformative journey with ARway.ai, the possibilities for innovation and advancement in campus navigation and student engagement are boundless. Stay tuned for more updates as GMU pioneers the integration of augmented reality into its campus ecosystem, setting new standards for educational technology and student empowerment. Contact Details Proactive United States +1 347-449-0879 action@proactiveinvestors.com

April 17, 2024 12:52 PM Eastern Daylight Time

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Ride the Crypto Bull Run: Dive into HTX's Enhanced Flexible Products and Dual Investment with Expanded Offerings, Enjoying Up to 10% APY

HTX

Bitcoin has tested the $70,000 mark several times, fueling persistent FOMO sentiment in the market, while an array of new protocols and staking opportunities emerge. In the current crypto bull market, HTX Earn offers a variety of robust products to help investors achieve financial growth. With distinct advantages, these products offer a diverse range of offerings, high APYs, and low entry barriers. Users can choose products based on their financial situation as each of HTX Earn's products has its features. Quick and Easy Access to Simple Earn, with Products Offering up to 10% APY HTX Earn's Flexible products are continuously broadening their selection to include more popular cryptocurrencies, empowering users to capitalize on the appreciation of high-quality cryptos while earning returns. Additionally, these Flexible products offer exceptional flexibility, allowing users to deposit and withdraw funds at their convenience. According to HTX's official announcement, HTX Earn has recently introduced new Flexible products for PEPE, BOME, SLERF, DEGEN, and WIF, boasting up to 10% APY. To subscribe to these products, you can access them either through HTX's official website or app. Please follow the steps below. Website: Log in to HTX's official website > click "Earn" on the navigation bar > select "Flexible, Fixed" in the dropdown menu. App: Log in to your HTX App > tap "Earn" on the main page > select "Simple Earn". Compared to Traditional Offerings, HTX's Structured Products Provide Higher Annualized Earnings HTX Structured Products is an innovative financial instrument that includes assets linked to fixed income and derivatives to meet the personalized needs of investors with different risk preferences and return expectations. These products feature higher APYs and zero fees, catering to users with risk tolerance, professional investors, and institutions. This category encompasses two products: Dual Investment and Shark Fin. Dual Investment is a non-principal-protected structured product that consists of two cryptocurrencies. It empowers investors with the flexibility to select a target price and date, allowing them to capitalize on opportunities to purchase the specified cryptocurrency at a lower price or sell it at a higher value in the future. The Dual Investment product is non-principal protected and generates floating earnings. It allows you to gain returns by investing in one of the cryptos, such as BTC, ETH, AVAX, and SOL. At present, HTX Earn has updated its Dual Investment products, adding LTC, DOT, LINK, and MATIC offerings. This expansion broadens the range of choices available to users. Shark Fin is the flagship product of HTX Earn, and its pattern can be either bullish or bearish. What sets Shark Fin apart is its unique ability to enable investors to secure basic returns while potentially pursuing more profits based on market fluctuations. Additionally, these products are characterized by flexibility and short investment cycles without affecting fund liquidity. Users' returns from Shark Fin are determined by the accuracy of their predictions about future market trends. During the first quarter of 2024, 15 rounds of 7-day Shark Fin products were issued, amassing a total subscription amount of $1.5 billion, with the highest APY reaching 60%. Users can make subscriptions by navigating to "HTX Earn" > "Shark Fin" during the subscription period. As a world-leading digital asset trading platform, HTX has maintained a secure operation for eleven years. HTX Earn serves as a dependable instrument for the management of virtual assets, presenting a wide range of products that align with users' requirements. It guarantees the utmost security of assets, thanks to the exchange's robust risk management system. Furthermore, HTX Earn is purpose-built to deliver top-tier assets for daily passive income, coupled with a user-friendly interface that ensures a seamless and convenient wealth management experience. About HTX Founded in 2013, HTX has evolved over a decade from a simple cryptocurrency exchange to a comprehensive blockchain business ecosystem. This expansion covers a wide range of services including digital asset trading, financial derivatives, wallets, research, investments, incubation, and more. As a world-leading portal to Web 3.0, HTX is committed to a growth strategy focused on global expansion, ecological prosperity, wealth effect, and safety and compliance. This approach enables us to offer comprehensive, safe, and reliable services and value to virtual currency enthusiasts around the world, reinforcing our position as a global gateway to Web3. Contact Details Michael Wang glo-media@htx-inc.com Company Website https://www.htx.com/

April 17, 2024 11:24 AM Eastern Daylight Time

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