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05:43

POSCO International Issues Blockchain-Based Digital Bond, First Non-Financial Firm in South Korea

POSCO International issued Korea's first non-financial blockchain digital bond (about 1.4 trillion KRW) with HSBC as lead underwriter, cutting settlement to three days. Abstract: POSCO International issued a blockchain-based digital bond in a private placement of about 1.4 trillion KRW, with HSBC as sole lead underwriter, marking the first such issue by a South Korean non-financial company and the second digital bond in the country after Mirae Asset Securities. The bond uses blockchain for issuance, registration, trading, and settlement, offering enhanced security, faster settlement, and broader global investor access (three-day settlement vs. five). This follows POSCO’s prior blockchain-based payment system deployment and aligns with Hong Kong's subsidy program to promote digital bonds. POSCO and HSBC plan further collaboration in blockchain, digital finance, and transformation, including potential STO market participation.
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STO3,27%
05:03

A certain CEX lists the privacy trading platform Genius Terminal (GENIUS)

Gate News says that Genius Terminal will be launched today on GENIUS/USDT at 12:00 UTC+8. Genius Terminal is a privacy-focused on-chain trading terminal for professional users. It removes the need for multiple authorizations, asset wrapping, and signature pop-ups, and supports programmable trading strategies. Spot trading, perpetual futures, pre-launch tokens, and yield management are all completed within a single account. Orders are routed through the Genius Bridge Protocol across 150+ DEX routes on 9 chains, and the Ghost Orders feature splits trades across up to 500 wallets to enhance privacy. The project is endorsed by investment institutions and supported by industry advisors.
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GENIUS19,15%
05:02

Chinese Robovan Operator Zelos Eyes $600M Hong Kong IPO

Gate News message, April 23 — Chinese autonomous delivery truck operator Zelos Technology is planning a Hong Kong IPO expected to raise approximately $600 million, according to Bloomberg. The company is in talks with banks; the size and timing of the offering could still change. Founded in 2021, Zelos operates more than 25,000 autonomous vehicles across China and has expanded into Singapore, the United Arab Emirates, and other parts of Southeast Asia and the Middle East. Alibaba's logistics unit Cainiao became a shareholder earlier this year and integrated its unmanned vehicle unit into Zelos through a cash and asset injection in early 2026, expanding the fleet from 2,000 vehicles in 2024 to more than 20,000. Zelos now operates under two brands: its own name for technology products and the licensed "Cainiao Autonomous Vehicle" brand for certain logistics and enterprise customers. The company claims it can reduce last-mile delivery costs by approximately 50% and expects to break even, including R&D expenses, once its fleet reaches about 50,000 vehicles. Management says it expects to deliver more than 1,000 vehicles overseas by the end of 2025.
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01:47

HIVE Digital Completes $115M Zero-Coupon Convertible Note Offering; Keel Exits Latin America with Paraguay Site Sale; GSR Launches Multi-Asset Crypto ETF on Nasdaq

Gate News message, April 23 — Three major developments in crypto mining and digital asset infrastructure unfolded on April 22. HIVE Digital Technologies Ltd. (NASDAQ/TSX-V: HIVE) completed a $115 million private placement of 0% convertible preferred notes, with full exercise of underwriters' over-a
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HIVE-2,17%
BTC-1,56%
ETH-3,8%
SOL-3,19%