
ZEN.COM Partners With Episode Six to Accelerate Card Issuance Expansion Across Europe and Asia
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LONDON — Episode Six, a leading global provider of enterprise-grade card issuing and ledger infrastructure, has been selected as the strategic technology partner by ZEN.COM, the European fintech redefining how people and businesses manage money globally, to power the launch of new debit card programs across Europe and Asia as part of ZEN.COM's international expansion.
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The partnership marks a significant milestone for both companies: ZEN.COM is entering the Asian market, while simultaneously launching new ZEN card programs in Europe. Episode Six will provide the infrastructure to support both efforts, enabling ZEN.COM to deliver modern, flexible card experiences at speed.
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ZEN.COM chose Episode Six for its strong, established presence in Asia to support its launch into the region, and for its proven ability to deliver rapid go-to-market timelines globally—capabilities unmatched by legacy providers. The collaboration adopts a cooperative authorization model, allowing ZEN.COM to retain control of its ledger while using Episode Six's powerful card issuing and transaction processing capabilities.
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'ZEN.COM is entering a pivotal growth phase, and we're proud to support their journey,' said John Mitchell, CEO and Co-Founder of Episode Six. 'This partnership underscores what we hear from our clients everywhere—they're looking for speed, configurability, and control. Our infrastructure delivers all three.'
'As we expand our footprint across Europe and launch in Asia, we need partners who can move with the same agility and ambition that defines ZEN.COM,' said Michal Boguslawski, CEO, Europe of ZEN.COM. 'Episode Six stood out for its proven ability to deliver fast, flexible, and scalable infrastructure. This collaboration gives us the freedom to build differentiated card experiences on our terms.'
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Beyond its strategic importance for ZEN.COM, the partnership reflects a broader shift in the market. Even established fintechs are moving away from legacy providers in favor of platforms that offer greater agility, faster deployment, and global scalability. Episode Six's modular architecture is proving especially valuable to companies seeking modern infrastructure without overhauling their core systems.
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ZEN.COM provides innovative services like multi-currency IBAN accounts, fast money transfers, multiple methods of account top-ups (including cash), instant cashback, and ZEN payment cards – making flexibility and user-centric financial tools a core part of its value proposition.
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With this expansion, ZEN.COM joins a growing list of fintechs and financial institutions choosing Episode Six to break away from the constraints of legacy issuing technology and deliver differentiated customer experiences at pace. See why fintechs are switching to Episode Six at www.EpisodeSix.com.
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Episode Six is a global provider of enterprise-grade card issuing and ledger infrastructure for financial technology companies, banks, and brands. Episode Six delivers the innovative capabilities needed to compete with disruptors and lead the market. Flexibility, adaptability, and resilience are built into the core of Episode Six's platform, ensuring clients maintain a market-leading position. Episode Six operates in over 45 countries, powering 70+ enterprise customers globally, with an expanding team located in the US, Canada, UK, Europe, Japan, Singapore, Hong Kong, Australia, and India. Investors include HSBC, Mastercard, SBI Investment Co Ltd, Anthos Capital, Avenir and Japan Airlines. For more information, visit LinkedIn.
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ZEN.COM is a fast-growing European fintech company offering enterprise-grade e-money services for individuals and businesses. Licensed in the EEA, the UK, and Singapore, ZEN.COM provides multi-currency accounts, money transfers, and ZEN Mastercard® payment cards with value-added benefits like instant cashback, extended warranties, and purchase protection. Its e-commerce payment gateway supports over 20 local methods, enabling instant settlements and reduced transaction costs. Operating in 31 markets with strategic partners including Mastercard, and Visa. ZEN.COM is building a seamless global payment ecosystem that drives customer savings and business growth. For more information, visit zen.com or follow ZEN.COM on LinkedIn.
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Globe and Mail
an hour ago
- Globe and Mail
LEADING EDGE MATERIALS ANNOUNCES UP TO $4,000,000 NON-BROKERED PRIVATE PLACEMENT
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Leading Edge Materials intends to use net proceeds for the Company's projects, located in Sweden and Romania and for general working capital and corporate purposes. Each Unit will consist of one (1) common share (each, a 'Common Share') in the capital of the Company and one (1) Common Share purchase warrant (a 'Warrant'). Each Warrant will entitle the holder to purchase one Common Share (a 'Warrant Share') at a price of C$0.32 per Warrant Share until the date which is four (4) years from the closing date of the Private Placement (the 'Closing Date'). The Company expects certain insiders of the Company to participate in the Private Placement. Any participation by insiders in the Private Placement constitutes a 'related party transaction' as defined under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions ('MI 61-101'). 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The securities have not been, and will not be, registered under the U.S. Securities Act, or any U.S. state securities laws, and may not be offered or sold in the U.S. or to, or for the account or benefit of, United States persons absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. This news release is not a prospectus under Regulation (EU) 2017/1129 (the 'EU Prospectus Regulation'). The Company has not authorized any offer of securities to the public (as defined in the EU Prospectus Regulation) in any EEA member state and no such prospectus has been or will be prepared in connection with the Private Placement. On behalf of the Board of Directors, Leading Edge Materials Corp. Kurt Budge, CEO For further information, please contact the Company at: info@ About Leading Edge Materials Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical raw material projects located in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to high growth technologies such as batteries for electromobility and energy storage and permanent magnets for electric motors and wind power that underpin the clean energy transition towards climate neutrality. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), 100% owned Norra Karr Heavy Rare Earth Elements project (Sweden) and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania). Additional Information This information is information that Leading Edge Materials Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, at June 10, 2025 at 23:30 PM Vancouver time. Leading Edge Materials is listed on the TSXV under the symbol 'LEM', OTCQB under the symbol 'LEMIF' and Nasdaq First North Stockholm under the symbol 'LEMSE'. Mangold Fondkommission AB is the Company's Certified Adviser on Nasdaq First North and may be contacted via email CA@ or by phone +46 (0) 8 5030 1550. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Leading Edge Materials in any jurisdiction. This news release may include forward-looking information that is subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward-looking, including statements with respect to the closing of the Private Placement, the receipt of regulatory approvals, and the use of proceeds from the Private Placement. Although the Company believes the expectations expressed in such forward-looking information are based on reasonable assumptions, such information is not a guarantee of future performance and actual results or developments may differ materially from those contained in forward-looking information. Factors that could cause actual results to differ materially from those in forward-looking information include, but are not limited to, fluctuations in market prices, successes of the operations of the Company, the Company's ability to close the Private Placement, the Company's ability to obtain the required regulatory approvals, continued availability of capital and financing and general economic, market or business conditions. There can be no assurances that such information will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The Company does not assume any obligation to update any forward-looking information except as required under the applicable securities laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Important information for EEA Investors The release, announcement or distribution of this press release may, in certain jurisdictions, be subject to restrictions. The recipients of this press release in jurisdictions where this press release has been published or distributed shall inform themselves of and follow such restrictions. This press release does not constitute an offer, or a solicitation of any offer, to buy or subscribe for any securities in Leading Edge Materials in any jurisdiction. Any investment decision in connection with the Private Placement must be made on the basis of all publicly available information relating to the Company and the Company's shares/Units. The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. This announcement does not purport to identify or suggest the risks (direct or indirect) which may be associated with an investment in the Company or the new shares/Units. This press release is not a prospectus for the purposes of the EU Prospectus Regulation. Leading Edge Materials has not authorized any offer to the public of Units, shares or rights in any member state of the EEA and no prospectus has been or will be prepared in connection with the Private Placement. In the United Kingdom, this document and any other materials in relation to the securities described herein is only being distributed to, and is only directed at, and any investment or investment activity to which this document relates is available only to, and will be engaged in only with, 'qualified investors' who are (i) persons having professional experience in matters relating to investments who fall within the definition of 'investment professionals' in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the 'Order'); or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as 'relevant persons'). In the United Kingdom, any investment or investment activity to which this communication relates is available only to, and will be engaged in only with, relevant persons. Persons who are not relevant persons should not take any action on the basis of this document and should not act or rely on it.


Globe and Mail
2 hours ago
- Globe and Mail
WSP to acquire Ricardo, a global strategic and engineering consultancy firm
MONTREAL, June 11, 2025 (GLOBE NEWSWIRE) -- WSP Global Inc. (TSX: WSP) ('WSP' or the 'Corporation'), one of the world's leading professional services firms, announces that it has reached agreements to acquire the entire issued and to be issued share capital of Ricardo plc ('Ricardo') for 430 pence (the 'Offer Price') per share (the 'Acquisition'). This Acquisition underscores WSP's commitment to expanding its footprint in high-growth sectors worldwide. Headquartered in the United Kingdom, Ricardo is a global consulting firm delivering strategic, advisory, and engineering solutions that intersect the global transport, energy, and environment agendas. Operating in over 20 countries, Ricardo is home to approximately 2,700 experts based across Europe, Australia, North America, Asia, and the Middle East. Its activities are grouped under two main portfolios: Future-focused air quality, water management, energy resilience, policy strategy, and advisory services ('EE') and Rail and Mass Transit ('Rail') business segments supported by approximately 1,700 professionals; and Automotive and Industrial ('A&I') and Performance Products ('PP') business segments, with approximately 1,000 professionals delivering propulsion design and systems engineering services, with niche manufacturing capabilities. Over the last few years, Ricardo has been reorienting its business to become a leading strategic and engineering consultancy firm, focused on its EE and Rail portfolio. Under WSP's ownership, Ricardo will continue its ongoing strategic review of the A&I and PP business units. While no firm decisions have been taken, the outcome of the strategic review is likely to result in a sale of the A&I and PP businesses at the appropriate time. This Acquisition represents an excellent opportunity for WSP to progress its 2025-2027 Global Strategic Action Plan and accelerate its expansion in targeted high-growth areas. Specialized and differentiated, Ricardo's value-added expertise in rail, air quality, water management, energy resilience, policy strategy, and advisory supplements and elevates WSP's offering in core market sectors. Geographically, Ricardo matches up well with WSP's existing footprint and further strengthens its presence in several key markets, including the UK, Australia, and the Netherlands. 'The proposed acquisition of Ricardo perfectly aligns with WSP's vision for sustainable, compounding growth and our clear ambitions to expand in advisory, energy transition, water solutions, and the rail sector over the next three years,' expressed Alexandre L'Heureux, President and CEO of WSP. 'We are poised to enhance our ability to deliver innovative solutions as we combine our global reach and resources with Ricardo's complementary expertise. Moreover, the shared entrepreneurial spirit and technical excellence between our teams position us to create further value for our clients. We look forward to welcoming Ricardo's talented professionals to WSP and seizing new opportunities with our broadened service offering.' The Acquisition reflects an enterprise value of approximately £363.1 million (approximately $670 million), which represents a multiple of 10.4x Ricardo's pre-IFRS 16 underlying EBITDA 1 for the 12-month period ended December 31, 2024, based on Ricardo's continuing operations after the divestment of their defense business and including the full year contribution of their acquisition of E3A Advisory PTY Ltd. For further details regarding this announcement, readers are referred to the firm offer announcement in respect of the Acquisition (the 'Announcement') previously released in the United Kingdom on the date hereof in accordance with Rule 2.7 of the UK City Code on Takeovers and Mergers and which can be found on WSP's website at This press release should be read in conjunction with, and is subject to, the full text of the Announcement. ACQUISITION AND TIMETABLE WSP has reached an agreement with the board of Ricardo on the terms of a recommended cash acquisition pursuant to which a wholly owned subsidiary of WSP will acquire the entire issued and to be issued share capital of Ricardo at the Offer Price, excluding a 19.9% interest in Ricardo which WSP will acquire from Science Group plc at the Offer Price on or around June 16, 2025 pursuant to a share purchase agreement dated as of the date hereof (the 'Scheme Acquisition'). WSP has also received undertakings from each of Ricardo's directors and some of its major shareholders in respect of a total number of shares representing in the aggregate approximately 45.1% of Ricardo's issued share capital on June 10, 2025, as well as a letter of intent from a shareholder in respect of a total number of shares representing approximately 3% of Ricardo's issued share capital on June 10, 2025, to vote in favor of the Scheme Acquisition at the Ricardo shareholder meetings to be convened in connection with the Scheme. It is intended that the Scheme Acquisition will be implemented by means of a Court-sanctioned scheme of arrangement (the 'Scheme') under Part 26 of the UK Companies Act 2006. The purpose of the Scheme is to provide for WSP to, indirectly, via a wholly-owned subsidiary, become the owner of the entire issued and to be issued share capital of Ricardo, other than the shares which WSP will have acquired from Science Group on or around June 16, 2025. Details of the proposed Scheme Acquisition will be sent to Ricardo shareholders within 28 days of the date of the Announcement (unless the Panel on Takeovers and Mergers under the U.K. City Code on Takeovers and Mergers agrees otherwise). Subject, amongst other things, to the satisfaction or waiver of the conditions, the approval of the Scheme by the Ricardo shareholders, the receipt of applicable regulatory approvals and the Court's sanction of the Scheme, it is expected that the Acquisition will be completed in Q4 2025. ACQUISITION FINANCING Concurrently with the announcement of the Acquisition, WSP has obtained a fully committed 'certain funds' £230 million term loan facility (the 'New Credit Facility') (approximately $425 million). The remaining portion of the cash consideration for the Acquisition will be financed through cash on hand and existing credit facilities. Royal Bank of Canada is acting as lead arranger and sole bookrunner with respect to the New Credit Facility. The New Credit Facility is designed to ensure compliance with the 'certain funds' requirements from the announcement of the Scheme Acquisition under the UK City Code on Takeovers and Mergers. FINANCIAL AND LEGAL ADVISORS RBC Capital Markets is acting as financial advisor to WSP on the Acquisition. Legal advice is being provided to WSP by Linklaters LLP internationally. FORWARD-LOOKING STATEMENTS In addition to disclosure of historical information, WSP may make or provide statements or information in this press release that are not based on historical or current facts and which are considered to be forward-looking information or forward-looking statements (collectively, 'forward-looking statements') under Canadian securities laws. These forward-looking statements relate to future events or future performance and reflect the expectations of management of WSP ('Management') regarding, without limitation, the growth, results of operations, performance and business prospects and opportunities of WSP or the trends affecting its industry. Forward-looking statements in this press release include, without limitation, statements about the pending Acquisition by WSP of Ricardo; the conditions precedent to the closing of the Scheme Acquisition; the expected closing date of the Scheme Acquisition; the New Credit Facility; the acquisition of shares from Science Group plc and the timing thereof; the attractiveness of the Acquisition from a financial and strategic perspective; the result of the strategic review of the A&I and PP businesses and the likely outcome of a sale of those business units; other anticipated benefits of the Acquisition and their expected impact on WSP's delivery of its strategic plan and its long-term vision, future growth, results of operations, performance, business, prospects and opportunities, WSP's business outlook, objectives, development, plans, growth strategies and other strategic priorities, and WSP's leadership position in its markets; and statements relating to WSP's future growth, results of operations, performance business, prospects and opportunities. Forward-looking statements can typically be identified by terminology such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'believe', 'estimate', 'predict', 'forecast', 'project', 'intend', 'target', 'potential', 'continue' or the negative of these terms or terminology of a similar nature. Such forward-looking statements reflect current beliefs of Management and are based on certain factors and assumptions, which by their nature are subject to inherent risks and uncertainties. While WSP considers these factors and assumptions to be reasonable based on information available as at the date of this press release, actual events or results could differ materially from the results, predictions, forecasts, conclusions or projections expressed or implied in the forward-looking statements. Forward-looking statements made by WSP are based on a number of assumptions believed by WSP to be reasonable as at the date of this press release, including assumptions about the satisfaction of all closing conditions; the expected timing of completion of the Acquisition and the conditions precedent to the closing of the Scheme Acquisition (including the approval of the Scheme by the Ricardo shareholders, the receipt of applicable regulatory approvals and the Court's sanction of the Scheme); WSP's ability to retain and attract new business, achieve synergies and maintain market positions arising from successful integration plans relating to the Acquisition; WSP's ability to otherwise complete the integration of Ricardo within anticipated time periods and at expected cost levels; WSP's ability to attract and retain key employees in connection with the Acquisition; Management's estimates and expectations in relation to future economic and business conditions and other factors in relation to the Acquisition and resulting impact on growth and various other financial metrics; Management's expectations in relation to the future performance and economic conditions and other factors in relation to Ricardo; the realization of the expected strategic, financial and other benefits of the Acquisition in the timeframe anticipated; the accuracy and completeness of the information (including financial information) provided by Ricardo and publicly available information; the absence of significant undisclosed costs or liabilities associated with the Acquisition; WSP or Ricardo being adversely impacted during the pendency of the Acquisition; and other factors discussed or referred to in the 'Risk Factors' section of WSP's Management's Discussion and Analysis for the fourth quarter and year ended December 31, 2024 (the '2024 MD&A'), and WSP's Management's Discussion and Analysis for the three-month period ended March 29, 2025 (the 'Q1 2025 MD&A' and together with the 2024 MD&A, the 'MD&As') and filed on SEDAR+ at If any of these assumptions prove to be inaccurate, WSP's actual results could differ materially from those expressed or implied in forward-looking statements. WSP's forward-looking statements are expressly qualified in their entirety by this cautionary statement. For additional information on this cautionary note regarding forward-looking statements as well as a description of the relevant assumptions and risk factors likely to affect WSP's actual or projected results, reference is made to the MD&As, which are available on SEDAR+ at The forward-looking statements contained in this press release are made as of the date hereof and except as required under applicable securities laws, WSP does not undertake to update or revise these forward-looking statements, whether written or verbal, that may be made from time to time by itself or on its behalf, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by these cautionary statements, as well as other risks detailed from time to time in reports filed by the Corporation with securities regulators or securities commissions or other documents that the Corporation makes public, which may cause events or results to differ materially from the results expressed or implied in any forward-looking statement. As such, there can be no assurance that actual results will be consistent with forward-looking statements. About WSP WSP is one of the world's leading professional services firms, uniting its engineering, advisory and science-based expertise to shape communities to advance humanity. From local beginnings to a globe-spanning presence today, WSP operates in over 50 countries and employs approximately 73,000 professionals, known as Visioneers. Together they pioneer solutions and deliver innovative projects in the transportation, infrastructure, environment, building, energy, water, and mining and metals sectors. WSP is publicly listed on the Toronto Stock Exchange (TSX:WSP). About Ricardo Ricardo plc is a global strategic, environmental, and engineering consulting company, listed on the London Stock Exchange. With over 110 years of engineering excellence and approximately 2,700 employees in more than 20 countries, Ricardo provides exceptional levels of expertise in delivering innovative cross-sector sustainable outcomes to support energy transition and environmental services, together with safe and smart mobility. Its global team of consultants, environmental specialists, engineers, and scientists support our customers to solve the most complex and dynamic challenges to help achieve a safe and sustainable world. All dollar figures in this press release are Canadian dollars unless otherwise indicated. Where financial information of Ricardo has been converted from British pounds sterling to Canadian dollars for purposes of comparison to and combination with, financial information of WSP, British pounds sterling have been converted to Canadian dollars at an exchange rate of $1.8462 Canadian dollars per £1.00. For more information, please contact: Alain Michaud Chief Financial Officer WSP Global Inc. (438) 843-7317 1 Ricardo's pre-IFRS 16 underlying EBITDA means earnings before finance expense, income tax expense, depreciation, and amortization, and includes rent expense and the benefit of major restructuring programs, but excludes significant costs (such as acquisition-related expenditures, reorganization costs, and other specific adjusting items).


Globe and Mail
3 hours ago
- Globe and Mail
Atua AI Introduces Adaptive Logic Tools to Strengthen Cross-Network AI Scaling
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