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Velo Protocol: Binance Alpha Listing Accelerates Asia's Web3 Liquidity Revolution
Velo Protocol: Binance Alpha Listing Accelerates Asia's Web3 Liquidity Revolution

Cision Canada

time3 days ago

  • Business
  • Cision Canada

Velo Protocol: Binance Alpha Listing Accelerates Asia's Web3 Liquidity Revolution

SINGAPORE, June 18, 2025 /CNW/ -- Velo Protocol (VELO), a pioneer of Web3 liquidity infrastructure in Asia, was listed on Binance Alpha on Monday, June 16, 2025. This listing not only increases $VELO's liquidity and connects its community to the global market, but also marks a strategic step in Velo Protocol's expansion roadmap to solidify its position as the backbone of Asia's digital financial ecosystem through significant milestones, an ambitious expansion roadmap, and visionary future project initiatives. In addition to the Binance Alpha Listing, The State of Velo Q1 2025 Report by Messari marks another important milestone for Velo Protocol. During Q1, average daily transactions surged 255.5%, rising from 445 to 1,581, driven by Nova network activity. Daily active addresses also increased 84.7%, from 2,363 to 4,364, while VELO-denominated TVL grew 10.1%. Backed by major institutions such as CP Group, UOB Venture Management, and HashKey, along with strategic collaborations with Paxos ($USDL) and Securitize to advance asset tokenization, Velo is building a compliant and scalable digital liquidity infrastructure across Asia. Unlocking New Financial Access in Asia Through its Universe and Orbit platforms, Velo has achieved multiple key milestones: Integration of the Lightyear Trading Bot with MT4, MT5, and Trading View, enhancing trading efficiency. SofinX-powered Social Trading feature that enables users to replicate top traders' strategies. Multi-chain support through integration with Solana and external wallets, expanding Universe DEX's reach. Omni Points loyalty program on Orbit delivering real multi-chain rewards. Surpassing 1 million Unique Active Wallets (UAW) on DAppRadar, signifying significant ecosystem growth. Major Expansion: Scaling Asia's Web3 Ecosystem With a vision to accelerate the transition from Web2 to Web3, Velo is introducing a series of innovations that significantly expand its ecosystem's capabilities. The Universe Platform will soon launch next-generation Multi FX and Perpetual (Perp) contracts, powered by a sophisticated Liquidity Aggregator that sources liquidity from multiple platforms. Meanwhile, the Profit-Sharing Social Trading feature enables users to benefit from automated trading bots or mirror the strategies of top-performing traders. To further enhance user experience, Multi-Chain & Wallet Connect integration allows seamless external wallet connectivity across multiple blockchains. Additionally, the Orbit Platform offers a Whitelabel Loyalty Platform, empowering businesses to adopt Web3-based loyalty programs with ease. Future Roadmap: Delivering Asia's Web3 Financial Infrastructure Collectively, these innovations serve as the foundation for Velo's long-term vision of building the Velo Financial Superhighwayโ€”a fully integrated Web3-native ecosystem aimed at driving financial inclusion across Asia. On the Liquidity Layer, Velo will feature the PLG Gold RWA Token for on-chain gold exposure, a Stable Coin and RWA Aggregator to strengthen trade stability, and a Web2 to Web3 Liquidity Backbone to bridge multi-chain liquidity. On the Wallet Layer, the Orbit-based Super Wallet will integrate payments and loyalty into a unified merchant ecosystem across Asia. On the Settlement Layer, Velo PAYFAI, an AI-based system that uses PayFi and AI agents to optimize settlement, will accelerate Web3-based cross-border trade financing, positioning Velo as a bridge asset in Asia's digital trade flows. The Binance Alpha listing and the Messari Report are not merely market expansion milestones, but a testament to the growing global confidence in Velo Protocol's technology, utility, and mission to bridge traditional and decentralized finance across Asia. This milestone further accelerates Velo Protocol's position as the backbone of Asia's liquidity infrastructure, powering the region's trillion-dollar digital economy. Velo Protocol is an Asia-based Web3 liquidity infrastructure bridging traditional and decentralized finance. With multi-chain technology, social trading, stablecoins, RWA, and AI-powered settlement, Velo is leading Asia's digital financial transformation. SOURCE Velo Labs Technology Ltd.

Casric have best chances but held to draw by Orbit in playoffs opener
Casric have best chances but held to draw by Orbit in playoffs opener

TimesLIVE

time11-06-2025

  • Sport
  • TimesLIVE

Casric have best chances but held to draw by Orbit in playoffs opener

Orbit College and Casric Stars played to a 0-0 draw in their first match of the Premier Soccer League promotion play-offs at Olympia Park Stadium in Rustenburg on Wednesday. After weeks of delays due to protests and legal cases, the play-offs finally got under way with the clash between the two Motsepe Foundation Championship teams. Orbit were hoping for a victory since they were playing at home, but could not capitalise on that advantage and were left disappointed with the draw. ๐ŸŽ™๏ธ โ„‚๐•†๐”ธโ„‚โ„'๐•Š โ„๐”ผ๐”ธโ„‚๐•‹๐•€๐•†โ„• ๐ŸŽ™๏ธ ๐Ÿ—ฃ๏ธ "๐š†๐šŽ ๐š๐š˜๐š—๐š—๐šŠ ๐š๐š’๐š๐š‘๐š ๐šž๐š—๐š๐š’๐š• ๐š๐š‘๐šŽ ๐šŽ๐š—๐š" Casric Stars coach Joseph Mthombeni following their goalless draw against Orbit College in the opening match of the #PSLPromotionPlayoffs! #SABCSportFootball โ€” SABC Sport (@SABC_Sport) June 11, 2025 Stars came close to breaking the deadlock, but Orbit goalkeeper Sekhoane Moreane denied Thabang Semache's attempt. Moreane made sure Casric did not find the back of the net in the first half, with a few top saves. Orbit could not create enough decent scoring chances in the opening half and were restricted to a single shot on target in the match. Both teams had their moments, though it was Stars had better chances but failed to convert them. ๐ŸŽ™๏ธ โ„‚๐•†๐”ธโ„‚โ„'๐•Š โ„๐”ผ๐”ธโ„‚๐•‹๐•€๐•†โ„• ๐ŸŽ™๏ธ ๐Ÿ—ฃ๏ธ "๐™ฐ๐š ๐š•๐šŽ๐šŠ๐šœ๐š ๐š ๐šŽ ๐š๐š’๐š๐š—'๐š ๐š•๐š˜๐šœ๐šŽ - ๐š ๐šŽ ๐šŠ๐š›๐šŽ ๐š—๐š˜๐š ๐š ๐š˜๐š›๐š›๐š’๐šŽ๐š" Orbit College coach Pogiso Makhoye reacting to their goalless draw against Casric Stars! #SABCSportFootball #PSLPromotionPlayoffs โ€” SABC Sport (@SABC_Sport) June 11, 2025 Stars were compact in their defence, which made it difficult for Orbit to break them down and create decent chances, with the result they never had a shot on target in the second half. As the match progressed, Orbit looked tired. This could be because they had to wait for more than two weeks before playing after the playoffs were put on hold. The result may give Cape Town City a chance to take an early lead if they win against Orbit at Cape Town Stadium on Saturday.

Orbit College and Casric Stars play to a stalemate in PSL promotion playoff
Orbit College and Casric Stars play to a stalemate in PSL promotion playoff

IOL News

time11-06-2025

  • Sport
  • IOL News

Orbit College and Casric Stars play to a stalemate in PSL promotion playoff

Simon Moukete of Casric Stars during the PSL 2024/25 Playoff against Orbit College at Olympia Park Stadium in Tshwane. | BackpagePix Image: BackpagePix Orbit College was forced to settle for a goalless draw against Casric Stars in the Premier Soccer League promotional playoff match staged at the Olympia Park Stadium in Rustenburg on Wednesday. The result sees both sides sitting on one point apiece, as the Rustenburg-based team now faces a long trip to the Western Cape, where they will meet PSL side Cape Town City, who are set to begin their bid to defend their top-flight status on home turf. With a valuable place in the Betway Premiership on the line, both teams entered the encounter fully aware of what was at stake, and the cautious opening exchanges clearly demonstrated how vital it was to begin the promotional playoffs on a positive note and build momentum going forward. Playing in familiar surroundings, the home team enjoyed the early psychological edge, attempting to impose themselves on the contest using the comfort of their home ground to their advantage as they looked to control the tempo of the mini-tournament. This early advantage was especially significant given Orbit's recent history against Casric, having failed to register a single win in their last four head-to-head meetings with the Mpumalanga-based visitors. The opening stages of the match were tense, with both teams showing signs of nervous energy, and the tension was clearly visible on both benches. The two coaches remained vocal throughout, shouting instructions from their technical areas, while the home supporters were in full voice, generating an electric atmosphere as the evenly matched contest unfolded in the first half. Looking to exploit their home advantage, Orbit began applying early pressure, with Siyabulela Mabele sparking a promising attacking move, combining nicely with Letsie Koapeng, but his first genuine shot on goal was struck directly at the visiting goalkeeper, Emile Tcheuko, who dealt with it comfortably. The visitors had a response of their own, with Thabang Semache coming closest to breaking the deadlock in the 21st minute when his powerful long-range shot from well outside the penalty area forced Orbit goalkeeper Sekhoane Moerane into a sharp save, palming the ball to safety and keeping the score level.

Story Time in the Park starts up across Albuquerque
Story Time in the Park starts up across Albuquerque

Yahoo

time10-06-2025

  • Entertainment
  • Yahoo

Story Time in the Park starts up across Albuquerque

ALBUQUERQUE, N.M. (KRQE) โ€“ Kids are on summer break here in Albuquerque, and that means the return of Story Time in the Park. Everybody's favorite baseball-loving alien-dog creature, Orbit, came out for the year's first event. 'Underpants' premiering at the Adobe Theatre The children who showed up got a copy of the book as well as a free lunch. 'We love for the kids to read all summer long. Not just during the school year, because it prevents learning loss. It's great for them to have a different set of books than the ones they have at home. Or may even not have at home,' said Emily Hedges, Teacher, Story Time in the Park reader. These events are happening at multiple parks until July 17. There is no story time on Fridays, but kids can still show up for a free lunch. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orbit Markets Achieves ISO 27001, ISO 27701, and SOC 2 Type II Certifications for Third Consecutive Year
Orbit Markets Achieves ISO 27001, ISO 27701, and SOC 2 Type II Certifications for Third Consecutive Year

Business Wire

time09-06-2025

  • Business
  • Business Wire

Orbit Markets Achieves ISO 27001, ISO 27701, and SOC 2 Type II Certifications for Third Consecutive Year

SINGAPORE--(BUSINESS WIRE)-- Orbit Markets, the leading institutional liquidity provider for digital asset derivatives, today announced that it has once again achieved ISO 27001, ISO 27701, and SOC 2 Type II certifications โ€” marking the third consecutive year the company has successfully obtained these globally recognized standards for information security, privacy, and operational excellence. Since its inception, Orbit has prioritized security and compliance at the core of its operations. Achieving these certifications year after year underscores its continued commitment to protecting client data, maintaining robust internal controls, and upholding best-in-class governance frameworks. In addition to these security audits, Orbit successfully completed an independent AML audit last year, further demonstrating the strength of its compliance program. With a strong focus on institutional-grade standards, Orbit continues to serve an expanding global client base, including asset managers, hedge funds, and trading firms. About Orbit Markets Orbit Markets is the leading market maker specialising in digital asset options and structured derivatives. We offer institutional clients a comprehensive suite of option products, treasury management solutions, and structured derivatives for a diverse range of digital assets. Our services encompass over-the-counter trading and electronic market making on exchanges. For more information, visit or contact us at info@

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