Latest news with #StakeStone
Cision Canada
01-08-2025
- Business
- Cision Canada
BingX Labs Marks One Year of Web3 & AI Innovation with $16Million in Strategic Investments
PANAMA CITY, Aug. 1, 2025 /CNW/ -- BingX, a leading cryptocurrency exchange and Web3 AI company, announced the first anniversary of BingX Labs, its dedicated investment and incubation arm. Over the past year, BingX Labs has established itself as a key strategic investor, partner, and developer ally, driving innovation at the intersection of Web3, AI, and decentralized finance. Since its launch in 2024, BingX Labs has committed $16 million in investments across high-impact projects and protocols such as Babylon and StakeStone, alongside strategic collaborations with leading partners including IOSG, Kaia foundation, and Hackquest to support broader Web3 and AI ecosystem growth. These partnerships exemplify BingX Labs' approach — fostering strategic collaborations with the builders of core infrastructure for the next phase of Web3 and AI adoption. Beyond financial backing, BingX Labs has become a hub of research and innovation. The Labs team is actively exploring key emerging sectors such as RWA (Real-World Assets), DeFi, and AI agents. With regular webinars and developer meetups, BingX Labs connects with global builder communities to share insights and collaborate on the next wave of technological breakthroughs. BingX Labs has also reinforced its position as a key player in the Web3 and AI space by sponsoring and attending major international events like Consensus and the Token 2049. Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX, commented:"In its first year, BingX Labs has evolved into more than an investment platform — it is a catalyst for the next generation of Web3 and AI innovation. By combining deep research, strategic partnerships, and strong developer engagement, we are building the infrastructure to support breakthrough projects that will shape the future of AI and decentralized technology. Looking ahead, our commitment to empowering developers and partners in these transformative sectors will continue to be our guiding principle." Looking ahead, BingX Labs plans to deepen its research, expand partnerships, and explore new opportunities, especially in AI-powered decentralized applications, with a continued focus on uncovering the next wave of transformative projects. About BingX Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
Associated Press
03-04-2025
- Business
- Associated Press
MEXC to List StakeStone (STO) to Support Omnichain Liquidity Innovation with 130,000 USDT Airdrop+ Rewards
VICTORIA, Seychelles, April 03, 2025 (GLOBE NEWSWIRE) -- MEXC, a leading global cryptocurrency exchange, is excited to announce that it has listed StakeStone (STO) on both the spot and futures markets as of April 3, 2025 (UTC). To mark the occasion, MEXC has launched an exclusive Airdrop + rewards campaign, offering a total of 130,000 USDT. StakeStone is a cross-chain liquidity infrastructure offering secure, flexible, and high-yield staking solutions through its liquid assets – STONE and SBTC, which are tokenized versions of ETH and BTC. Its scalable architecture integrates with staking pools and is prepared to support future restaking features, creating a multi-chain liquidity market. With a TVL of approximately 600 million USD, StakeStone enables diverse use cases and enhanced yield opportunities. Additionally, the platform has launched LiquidityPad, which allows users to earn rewards by providing liquidity to cross-chain applications, and is expanding its reach through partnerships with Monad and WLFI. STO is the governance token of StakeStone, allowing users to participate in decision-making and influence key protocol parameters. It empowers users to shape the protocol while earning additional rewards through veSTO staking, liquidity incentives, and bribe markets. As StakeStone continues to expand, STO's role in governance and liquidity allocation will become increasingly valuable. MEXC has launched an Airdrop + campaign to celebrate the listing of StakeStone (STO) with a total prize pool of 130,000 USDT. Below are the key details of the event: Event Period: April 3, 2025, 06:00 – April 13, 2025, 10:00 (UTC) Event 1: Deposit to Share 50,000 USDT (New User Exclusive) Newly signed-up users and existing users with cumulative deposits below 100 USDT before the event start date are eligible to participate. By completing the relevant tasks during the event period, users can share in the 50,000 USDT prize pool. Event 2: Spot Challenge - Trade to Share 20,000 USDT (Open to All Users) During the event, all users can trade STO spot pairs with a minimum valid trading volume of $2,000 to share a 20,000 USDT prize pool, with the reward based on each user's proportion of the total trading volume, up to a maximum of 2,000 USDT. Only spot trades with non-zero fees will be counted towards the trading volume. Event 3: Futures Challenge — Trade to Share 50,000 USDT in Futures Bonuses (Open to All Users) During the event, users who trade any Perpetual Futures pair and rank among the top 2,000 by total trading volume of at least 20,000 USDT will share a 50,000 USDT prize pool in Futures bonuses, with each user able to receive up to 5,000 USDT, and a minimum reward of 10 USDT. Event 4: Invite New Users & Share 10,000 USDT (Open to All Users) Existing users can invite friends to sign up on MEXC using their referral code to share a 10,000 USDT reward pool. Once the new user completes any task from Event 1, the referrer will receive 20 USDT, with each referrer eligible to earn up to 400 USDT on a first-come, first-served basis. The listing of StakeStone (STO) underscores MEXC's ongoing commitment to offering users a diverse range of investment assets, expanding its product offerings, and enhancing the overall trading experience. By consistently providing early access to promising Web3 projects, MEXC has solidified its position as an industry leader. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings (461) and the fastest listing speed. Additionally, the exchange consistently adds new tokens on a bi-weekly basis, showcasing its exceptional ability to capture market trends quickly. Looking ahead, MEXC will remain user-centric, driving innovation and expanding its offerings to deliver the best opportunities in the ever-evolving crypto landscape. For full event details and participation rules, please visit here. About MEXC Founded in 2018, MEXC is committed to being 'Your Easiest Way to Crypto.' Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. Risk Disclaimer: The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions. Contact: Lucia Hu Disclaimer: This press release is provided by the MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
