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In a move that has ignited a storm of opposition from Indigenous communities and environmental groups, Ontario’s Progressive Conservative government passed Bill 5 on Wednesday (June 4).

Formally titled the Protecting Ontario by Unleashing our Economy Act, the legislation grants the province unprecedented authority to override provincial and municipal laws in favor of economic development.

Specifically, Bill 5 allows the government to establish ‘special economic zones’ where environmental protections, labor regulations and other statutes can be suspended for projects led by ‘trusted proponents.’

Premier Doug Ford’s government argues that the bill is critical for expediting development in the mineral-rich Ring of Fire region and countering global economic threats, including US tariffs.

But the bill’s passage, by a vote of 71 to 44, has drawn fierce backlash from First Nations leaders who say they were not consulted, in violation of treaty rights enshrined in the Canadian constitution.

Speaking to reporters, Grand Chief Alvin Fiddler of the Nishnawbe Aski Nation, which represents 49 First Nations in Northern Ontario, warned that protests and blockades — reminiscent of the Idle No More movement — are likely.

‘I think after today we need to look at every option that is at our disposal, including legal, political, economic, everything – including taking direct action,’ he said, adding, ‘Everything is on the table.’

Ford was not present in the legislature for the vote, drawing condemnation from Indigenous leaders and opposition politicians. He reportedly missed the vote due to an overrun in an online meeting with a US congressman.

Ontario NDP Leader Marit Stiles stood alongside First Nations representatives to denounce the premier’s absence and vowed to continue resisting the legislation, which she predicted will end up in court.

Public gallery benches erupted during the vote with shouts of ‘Shame on you!’ and ‘Where’s the premier?’ Security escorted several individuals out, including one man who yelled, ‘Our land is not for sale!’

Opposition parties attempted to stall the bill with thousands of proposed amendments, but the Progressive Conservative majority pushed it through after using time allocation to cut short debate.

Legal experts warn that Bill 5 could significantly alter the legal and environmental landscape in Ontario. The legislation includes Henry VIII-style provisions — named after the 16th-century monarch notorious for consolidating executive power — which allow the provincial cabinet to override laws without legislative scrutiny.

Laura Bowman, a lawyer with Ecojustice, said, ‘This is not just undemocratic; it’s anti-democratic.’

Environmental advocates have also raised alarm about Bill 5’s implications for conservation. It rewrites Ontario’s endangered species law by giving the cabinet, not scientists, final authority on which species merit protection.

Additionally, it eases rules on preserving Indigenous archaeological sites.

The government has floated the possibility of Indigenous-led economic zones as part of the regulations it must still draft, but details remain scarce, and First Nations groups say the damage has already been done.

Ontario Regional Chief Abram Benedict, who previously met with Ford in a tense private session, said the discussions were necessary, but insufficient. “Our Chiefs have made it clear that they fully reject Bill 5, and the Chiefs of Ontario stand by and defend the position of the Chiefs,” Benedict maintained in a statement. “First Nations rights holders must be at the table, and the Government must fulfill its constitutional and treaty obligations.”

The Ring of Fire region, located in the James Bay lowlands, is at the center of the controversy.

While some First Nations near the area support road construction projects, others oppose the rush to mine in the region without thorough consultation and environmental safeguards. The Ford government has touted the area’s reserves of critical minerals — such as nickel and lithium — as essential for Ontario’s economic future.

While some industry stakeholders have cautiously welcomed provisions in Bill 5 that streamline mining approvals under a “one project, one process” regime, critics and civil liberties advocates say its rhetoric risks escalating tensions.

Among them is the Canadian Civil Liberties Association, which has condemned Bill 5 as a dangerous overreach that could hollow out legal safeguards without meaningful public oversight.

Legal scholars say the government’s interpretation of its duty to consult remains contested. While a 2018 Supreme Court ruling (Mikisew Cree) found that governments are not constitutionally required to consult Indigenous groups during the drafting of legislation, it emphasizes that such consultation is often politically and morally necessary.

Moreover, many Indigenous leaders say consultation is no longer enough. Invoking the United Nations Declaration on the Rights of Indigenous Peoples, they are calling for ‘free, prior and informed consent’ as the new standard.

In the coming weeks, the Ford government must draft the regulations that will define how Bill 5 is implemented. These rules, it insists, will be subject to consultation. But with Indigenous leaders threatening direct action and legal battles on the horizon, Ontario may be on the brink of a new phase in its fraught relationship with First Nations.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Hempalta Corp. (TSXV: HEMP) (‘Hempalta’ or the ‘Company’), a Canadian-based provider of nature-based carbon credit solutions, today issued a corporate update outlining recent developments in its strategic transition.

Equipment Sale Update

On May 22, 2025, Hempalta announced its wholly owned subsidiary, Hempalta Processing Inc. (‘HPI’), had entered into a US$1.15 million agreement to sell its hemp processing and biochar equipment (the ‘Transaction’). Despite follow up discussions and repeated assurances, the purchase price has not been paid to HPI; accordingly, HPI has retained ownership of all equipment and associated intellectual property and has reinitiated the asset sale process. Interested parties may contact the Company for additional details.

FCC Forbearance Agreement

In connection with the termination of the Transaction, HPI, has entered into a forbearance agreement with Farm Credit Canada (‘FCC’) dated effective June 2, 2025. This agreement extends protection through June 30, 2025, providing HPI time to complete a revised monetization plan for its processing assets while maintaining transparency and compliance with its senior lender.

Carbon Credit Market Momentum Continues

The Company’s 2024 carbon credits now total 29,448 tonnes of CO₂ removal across 12,669 acres under the Hemp Carbon Standard. These credits are available for purchase via the Company’s Cloverly storefront (hempcarbonstandard.cloverly.app), and discussions with corporate buyers are ongoing.

CEO to Speak at Canadian Climate Investor Conference

Hempalta President and CEO Darren Bondar will be speaking at the 2025 Canadian Climate Investor Conference hosted by the Toronto Stock Exchange (TSX and TSXV) on June 11, 2025, at the Arcadian Court in Toronto. Mr. Bondar will outline Hempalta’s strategic pivot to nature-based carbon credit markets and showcase the scalable growth opportunity through its Hemp Carbon Standard platform.

About Hempalta Corp.

Hempalta Corp. (TSXV: HEMP) is a Canadian clean-tech company focused on high-integrity carbon removal credits derived from industrial hemp. Through its wholly owned subsidiary, Hemp Carbon Standard Inc., the Company supports regenerative agriculture, biochar deployment, and AI-powered MRV to deliver transparent, verifiable carbon credits aligned with global climate goals.

Learn more at www.hempalta.com or contact Investor Relations at invest@hempalta.com.

For more information, please contact:

Investor Relations
Hempalta Corp.
Email: info@hempalta.com
Website: www.hempalta.com
Hempalta Corp.
Web: https://www.hempalta.com/
Email:info@hempalta.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Forward-Looking Information

This news release contains statements and information that, to the extent they are not historical fact, may constitute ‘forward-looking information’ within the meaning of applicable securities legislation. Forward-looking information is typically, but not always, identified by the use of words such as ‘expects,’ ‘plans,’ ‘continues,’ ‘intends,’ ‘anticipates,’ ‘potential,’ ‘aims,’ ‘will,’ and similar expressions, including negatives thereof.

Forward-looking information in this news release includes, but is not limited to, statements regarding: the Company’s ability to complete the sale of its hemp processing and biochar equipment; the resolution of the outstanding forbearance with Farm Credit Canada (FCC); negative cash flow from operations and the Company’s ability to operate as a going concern; the anticipated proceeds and timing of any asset sales; the scaling of the Hemp Carbon Standard platform; the sale of verified carbon credits; the development of new corporate offtake agreements; and the Company’s broader growth initiatives under Hempalta carbon credit platform.

Such forward-looking information is based on assumptions and expectations, including but not limited to: the Company’s ability to remarket and sell the equipment; continued support from major shareholders and new investors; demand for nature-based carbon removal credits; successful onboarding of additional farmers; favorable regulatory conditions; and Hempalta’s ability to execute its strategic plan and secure necessary financing on reasonable terms.

Although the Company believes the assumptions and expectations reflected in the forward-looking information are reasonable, undue reliance should not be placed on them, as actual results may differ materially due to known and unknown risks. These risks include, but are not limited to: economic conditions and capital market volatility; failure to close the asset sale or private placement; changes in carbon credit market demand or pricing; regulatory changes; inability to retain key personnel; weather-related challenges impacting hemp cultivation; and those risks set forth in the Company’s public disclosure documents available on SEDAR+ at www.sedarplus.ca.

Forward-looking information in this news release is provided as of the date hereof, and the Company does not undertake to update such information except as required by applicable securities laws.

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. NEWSWIRES

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254819

News Provided by Newsfile via QuoteMedia

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Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce that the TSX Venture stock exchange (the “Exchange”) has approved the option agreement for Trailbreaker to acquire a 100% interest in the Coho property, central British Columbia (BC).

The 8,000-hectare Coho property covers a copper-gold (Cu-Au) porphyry target located 90 km north of Fort St. James, BC, and 30 km west of the Mount Milligan mine. Historically named the Chuchi South property, Trailbreaker renamed the project as the Coho property when the Company announced the acquisition on May 26, 2025 (see news release).

Terms of the Option Agreement

On May 15th, 2025, Trailbreaker signed an option agreement (the “Agreement”) with Ron Bilquist (“Bilquist”) of Gabriola, BC. Subject to the approval of the Exchange, Trailbreaker has the option to acquire a 100% interest in the Coho property if the following terms are met:

(a) pay to Bilquist an aggregate $380,000 as follows:

(i) $20,000 on execution of this Agreement;

(ii) an additional $25,000 on or before May 20, 2026;

(iii) an additional $35,000 on or before May 20, 2027;

(iv) an additional $50,000 on or before May 20, 2028;

(v) an additional $50,000 on or before May 20, 2029;

(vi) an additional $200,000 on or before May 20, 2030; and

(b) issue and deliver to Bilquist an aggregate 700,000 Trailbreaker common shares (“Shares”) as follows:

(i) 50,000 Shares within 10 days of the date of Regulatory Approval;

(ii) an additional 100,000 Shares on or before May 20, 2026;

(iii) an additional 150,000 Shares on or before May 20, 2027;

(iv) an additional 200,000 Shares on or before May 20, 2028;

(v) an additional 200,000 Shares on or before May 20, 2029; and

(c) complete Expenditures on the Property of $200,000 as follows:

(i) $200,000 of Expenditures on or before May 20, 2027; and

(ii) Expenditures (including the Expenditures referred to in (i) above) of $1 million or

1,500 metres of diamond drilling within 3 years of receiving a drill permit

Upon completion of the Agreement, Trailbreaker will obtain a 100% interest in the property and Bilquist will retain a total 2.0% Net Smelter Return (NSR) royalty, which may be brought down to 0.5% through a cash payment of $1,500,000 to Bilquist.

Upon completion of a bankable feasibility study, Trailbreaker shall pay to Bilquist $1,500,000.

Commencing on May 20, 2032, Trailbreaker shall pay to Bilquist annually $30,000 as an advance payment against the royalty, such payments to be credited against the royalty once the property goes into commercial production.

For more information about the Coho property see the May 26, 2025 news release or the Coho section on Trailbreaker’s webpage:

      About Trailbreaker Resources

      Trailbreaker Resources is a mining exploration company focused primarily on mining-friendly British Columbia and Yukon Territory, Canada. Trailbreaker is committed to continuous exploration and research, allowing maintenance of a portfolio of quality mineral properties which in turn provides value for shareholders. The company has an experienced management team with a proven track record as explorers and developers throughout the Yukon Territory, British Columbia, Alaska and Nevada.

      ON BEHALF OF THE BOARD

      Daithi Mac Gearailt

      President and Chief Executive Officer

      Carl Schulze, P. Geo., Consulting Geologist with Aurora Geosciences Ltd, is a qualified person as defined by National Instrument 43-101 for Trailbreaker’s BC and Yukon exploration projects, and has reviewed and approved the technical information in this release.

      Other

      For new information about the Company’s projects, please visit Trailbreaker’s website at TrailbreakerResources.com and sign up to receive news. For further information, follow Trailbreaker’s tweets at Twitter.com/TrailbreakerLtd, use the ‘Contact’ section of our website, or contact us at (604) 681-1820 or at info@trailbreakerresources.com.

      Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      Forward-Looking Statements

      Statements contained in this news release that are not historical facts are ‘forward-looking information’ or ‘forward-looking statements’ (collectively, ‘Forward-Looking Information’) within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action; expectations regarding future exploration and drilling programs and receipt of related permitting. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as ‘anticipates’, ‘expects’, ‘understanding’, ‘has agreed to’ or variations of such words and phrases or statements that certain actions, events or results ‘would’, ‘occur’ or ‘be achieved’. Although Trailbreaker has attempted to identify important factors that could affect Trailbreaker and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. In making the forward-looking statements in this news release, if any, Trailbreaker has applied several material assumptions, including the assumption that general business and economic conditions will not change in a materially adverse manner. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Trailbreaker does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

      Source


      This post appeared first on investingnews.com

      At Web Summit Vancouver, experts speaking on the panel ‘A History of the Future of Healthcare’ delivered a striking message: medicine is moving faster than ever, but it’s not fast enough.

      This paradox set the stage for a discussion about the transformation of healthcare via artificial intelligence (AI).

      While many industries have been completely revolutionized by technology, the healthcare sector has often lagged, clinging to outdated practices. However, the participants agreed that AI is beginning to change that narrative, offering promising solutions and a glimpse into a future of personalized, efficient and proactive care.

      The healthcare status quo is cracking

      As mentioned, panelists noted that while technology has transformed nearly every sector of modern life, healthcare still largely operates on practices that have seen little change for decades.

      “The moment of physician-to-patient interaction, the physical examination, literally has hardly changed in the past 200 years,” said moderator Ohad Arazi, setting the stage for a talk about what healthcare could look like in 2030.

      “Of course, many things in healthcare have changed, but it’s been a very slow slog. And yet we see that the pace of change, the pace of adoption of innovation on both therapeutics and diagnostics, is accelerating.”

      Lu Zhang, founder of Fusion Fund, highlighted that healthcare is now entering its “prime time for innovation,” emphasizing that the core goal for the future is to ‘improve the quality of life, to really enable the future of healthcare to be personalized … and also be able to do super early diagnostics and reduce the healthcare burden in the long term.’

      AI as a catalyst for regenerative and personalized medicine

      Zhang pointed to advances in AI-powered digital diagnostics for conditions like cancer, heart disease and mental health, citing the recent launch of the Arc Institute’s Evo 2 AI model, designed to understand and generate genetic code.

      Arc researchers recently published a preprint showing that their gene-editing technology can implement broad alterations to the human genome, something not achievable with other gene-editing techniques.

      She also mentioned the promise of new digital therapeutics and regenerative medicine, noting a recent exhibition where researchers showcased 3 centimeters of beating heart tissue created from iPS cells.

      These kinds of innovations could transform how practitioners approach health and wellness. Eric Hoskins, partner at Maverix Private Equity, offered a more cautious but ultimately optimistic perspective, identifying AI-guided personalized medicine as one of the “fast movers” poised to bring an abrupt and immediate change to healthcare.

      However, the consensus was that challenges remain, particularly when it comes to navigating the regulatory landscape and addressing persistent data isolation issues within healthcare.

      Dr. Victoria Lee, a physician and prominent leader in Canadian healthcare who previously served as president and CEO of the Fraser Health Authority, called for a decisive shift from a reactive “sickness care” model to a more proactive, AI-augmented model focused on prevention, personalization and long-term wellbeing.

      She asserted that healthcare’s massive data output (30 percent of global data) is an underutilized resource.

      Zhang agreed, adding that less than 5 percent of that data is currently being used. This is primarily due to privacy compliance concerns, which could also be mitigated by the use of AI.

      Coupled with a global healthcare worker shortage, Lee presented AI as the crucial enabler for this transformation, arguing that it is indispensable for improving both the efficiency of healthcare operations and the effectiveness of medical professionals in an era of exploding medical knowledge. Her most compelling vision is the implementation of precision wellbeing through digital twins and AI agents.

      Cancer care as a testbed for change

      AI is already being used to personalize cancer treatment and reduce travel barriers via distributed platforms. A separate panel featuring James Lumsdaine, CEO of healthtech company Avitia, showcased the company’s AI-powered molecular diagnostics platform, which supports distributed cancer testing through simple blood draws. The technology has already been deployed in seven countries and has processed over 40,000 tests.

      The platform, validated in Canada, the Middle East and Southeast Asia, reduces treatment times from weeks to days, improving patient outcomes and quality of life. Avitia’s initiative aims to make cancer a manageable chronic condition, advocating for better access to precision care and advanced diagnostics at or near the patient’s point of care.

      “The ability of a patient to get personalized care for their cancer is now no longer limited by their ability to travel and where they’re based,” Lumsdaine explained, laying out his vision for the company’s role in therapeutic innovation.

      Opportunity, strategy and real-world fit

      As transformative as AI-driven healthcare could be, scaling breakthroughs requires investment and infrastructure alongside regulatory evolution. During opening remarks at Web Summit, AI researcher and author Gary Marcus said biology is a natural fit for AI, especially in protein interaction modeling and drug development.

      At the ‘Smart Money in 2025’ panel, Wesley Chan of FPV Ventures also pointed to the life science space as a sector where AI has the clearest potential to deliver real-world productivity gains.

      He argued that the convergence of biology and AI represents a generational opportunity for investors, citing companies like Strand Therapeutics, which used AI to develop a new mRNA cancer therapy.

      Tom Beigala, founding partner at Bison Ventures, told journalist Anne Gaviola, moderator at the “The Healthtech Investment Checkup” panel, that he believes AI and next-generation computational technologies are driving innovation across the entire healthcare system, from making drug discovery easier and more cost effective, to optimizing data utilization and significantly increasing labor and clinical productivity.

      Bison invests in early stage frontier tech companies, and its portfolio spans AI-enhanced drug discovery, advanced life science tools for pre-clinical testing and synthetic biology applications addressing broader public health challenges.

      Outside AI, Beigala revealed his interest in the field of non-invasive cancer surgery using focused ultrasound technology. This burgeoning field uses technology that is often enhanced by AI for precision targeting. He pointed to an unnamed company rumored to be in acquisition discussions for a multibillion-dollar valuation.

      For her part, Zhang highlighted Fusion Fund’s focus on AI-powered healthcare solutions that enhance workflow efficiency. She also pointed to physical AI, particularly surgical robots, as a promising area within healthcare, noting its potential to enable more non-invasive and micro-invasive surgical approaches.

      But while the opportunity landscape is expanding, panelists emphasized that deploying these innovations successfully requires a clear-eyed understanding of the healthcare system’s structural complexity.

      Beigala underscored that successful AI applications in healthtech require a deep understanding of the healthcare system’s existing incentives and workflows, including how doctors bill and how insurance companies operate.

      He also cautioned that AI, as merely a tool, must be strategically integrated to avoid unintended consequences and to ensure that it genuinely fits within established practices.

      Beyond those challenges, Zhang touched upon external regulatory hurdles, citing the US Food and Drug Administration’s current processes as a significant hurdle for innovation and market entry. However, she expressed optimism that the agency’s exploration of AI could eventually accelerate and streamline the approval process.

      Bridging the imagination gap

      The promise of AI to revolutionize healthcare is undeniable, but it’s solely a matter of technological development.

      The conversations at Web Summit were a reminder that the future of healthcare also requires collaboration, trust and data governance. Together, these elements can pave the way for a healthcare landscape profoundly reshaped by AI.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      The Vancouver edition of Web Summit took place last week, bringing 15,727 attendees from 117 countries together, including 159 partners, 681 investors and 50 trade delegations.

      A record-breaking 1,108 startups across a range of tech-touching industries exhibited, showcasing their products, services and ideas, from groundbreaking biotech advancements to revolutionary sustainable energy solutions.

      Artificial intelligence (AI) was a prominent feature across all these innovations, underscoring the rapid pace of technological advancement and its pervasive influence across all aspects of modern life.

      Discussions revealed diverse opinions, with many emphasizing AI’s practical usefulness, the economic viability of large language models and the importance of real-world value in AI research.

      Self-described AI skeptic Gary Marcus, a scientist and author, proposed neuro-symbolic AI as a path to enhanced reliability. While pointing out the shortcomings of existing AI, such as ethical reasoning issues and hallucination tendencies, he acknowledged its worth, particularly in the field of biology.

      The event provided a crucial snapshot of where the tech industry stands on AI, both in terms of technological advancements and its growing influence on investment and business strategy.

      AI reshaping the investment landscape

      Despite challenges in public and private markets, experts across multiple panels agreed that AI is fueling the rapid development of new markets, influencing capital allocation and funding trends.

      Speakers on a panel focused on the current state of venture capital (VC) highlighted AI’s potential to revolutionize the VC landscape, with Freestyle Capital general partner Maria Palma asserting that AI technology has revitalized the industry by creating new opportunities and altering market dynamics.

      She argued that VCs are inherently optimistic, but must adapt to longer fund cycles and prioritize top talent migrating to startups, while also considering AI’s influence on liquidity and the speed of company building and scaling.

      Palma pointed to development platform Lovable, which brought in US$50 million in revenue in five months.

      “You didn’t see that 10 years ago in any company … I think that the pace of ability to build and ability to attack different markets is different than it’s ever been,” she told the Web Summit audience.

      In another panel, Brett Gibson, managing partner at Initialized Capital, pointed to a broader shift toward authoring software and the potential for widespread fragmentation and consolidation in the software market. 500 Global CEO Christine Tsai discussed the volatility of emerging tech stacks, while Andy McLaughlin, managing partner at Uncork Capital, stressed the importance of spotting opportunities outside mega platforms.

      The consensus was that AI is fueling new business models, pushing investors to rethink how value is defined.

      AI transforming how businesses operate

      During the ‘Smart Money in 2025’presentation, speakers Alfred Chuang of Race Capital and Wesley Chan of FPV Ventures emphasized that investors now see AI as the foundation of new hyper-focused platforms.

      The industry-specific approach of legal tech unicorn Clio was showcased at the ‘Vertical Software is Eating the World’ discussion, andhighlighted the growing interest in AI-powered vertical SaaS business models.

      “There is a huge amount of opportunity that remains, and a disruptive opportunity to unseat the incumbents in software verticals today with AI native companies, and also an opportunity for incumbents in the space to embrace AI and tap into what is an exponential opportunity for AI,” Clio CEO Jack Newton told the audience.

      Chuang elaborated on the transformative role of AI in the software industry. “I think SaaS has a huge opportunity for basically a re-up for all the different applications. We’re going to see a whole new wave of apps. Now we can automate the process, and a process can write code to automate another process … these are opportunities we have never seen before. It’s a very exciting time. We’re going to be hugely more productive going forward.”

      Chan stressed to the audience that AI utility matters more than AI branding, echoing Marcus’ earlier sentiment on its potential to increase productivity for life science companies. He cited recently announced results for Strand Therapeutics’ mRNA cancer drug, which was developed with the help of AI.

      Uncork Capital’s McLoughlin pointed to Toronto-based software company Tailscaleas an example of a firm that is enabling core functionality for AI at scale without branding itself around AI.

      “They build virtual private networks that have become fundamentally important to the AI economy. Every single (AI) hyperscaler is using Tailscale to network together this kind of global cluster of GPUs,’ he said.

      ‘We didn’t think about that when we first invested in 2019. We liked the idea of connected devices and people, but we never thought of a future where actually this would be a killer use case.”

      Discussions also honed in on generative AI’s uses in areas like customer service co-pilots and sales automation, and how AI agents are developing into more proactive partners, freeing human teams to focus on strategy. However, as AI agents begin to reason, act and potentially make decisions that carry real-world consequences, the conversation consistently circled back to the importance of accountability, privacy protection and regulation.

      While agentic AI may not yet be mainstream, it’s quickly becoming a frontier for productivity, ethics and innovation.

      Trade tensions recalibrating tech alliances

      Speakers on the ‘All in on AI’panelalso discussedthe potential for emerging markets to provide liquidity and foreign buyers, noting the increasing importance of non-US markets in the context of regulatory changes.

      “One thing that’s really quite unprecedented about this wave versus other waves is just how much of a national agenda (AI) is for so many countries around the world,” said 500 Global’s Tsai, noting that Silicon Valley still has its place among the great global founders. Palma shared that sentiment during ‘The State of Venture Capital’ talk, adding that the bigger problem is not the listing exchange, but whether entrepreneurs still desire to go public at all.

      The rise of non-US markets and a more globally dispersed talent pool are occurring against a backdrop of evolving international trade relations and policies. Several panels focused on the US-China relationship while addressing how tariffs are shaping the global tech economy, from talent acquisition to material sourcing.

      Economist William Lazonick called out the inefficacy of the current tariff strategy in terms of encouraging innovation, highlighting Big Tech’s underinvestment in research and development and prioritization of share buybacks.

      Separately, Bison Ventures founding partner Tom Biegala noted the shift toward onshoring and AI-enabled robotics in manufacturing to enhance productivity and reduce labor costs. He also touched on opportunities in the defense tech sector, driven by the need for critical components to be US- or western-made for national security reasons.

      “I think that has certainly been accelerated in today’s environment, and it’s bleeding over into a whole bunch of more traditional industries, from 3D printing to manufacturing of what are typically commodity components,” he said.

      While much of the discussion focused on US policy, another takeaway was Canada’s potential to thrive in a changing trade landscape, with several noteworthy announcements taking place throughout the week.

      One came at a Bell press conference, where the telecommunications company unveiled Bell AI Fabric, an initiative to build a network of data centers across the country, with Kamloops as its first hub. Later, Diana Gibson, BC’s minister of jobs, economic development and innovation, announced the expansion of the Integrated Marketplace Program with an additional C$30 million in funding, supporting over 30 startups across the province.

      While the province supports its tech sector, challenges like high costs and regulations remain. Gibson and Rocky Tung, director and head of policy research at Hong Kong’s Financial Services Development Council, addressed BC’s need for stronger ties, particularly in finance, VC and web3. Even so, Canada’s stability and innovation ecosystem could be attractive to investors seeking a haven and fertile ground for growth amid international volatility.

      Investor takeaway

      Web Summit served as a vital forum for exploring the multifaceted impact of AI on the tech industry and beyond, highlighting its role as both a disruptive force and a catalyst for innovation.

      As AI continues to reshape industries and markets, the insights shared at the Vancouver-based Web Summit provide a valuable roadmap for navigating the future of technology and investment.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      The Vancouver edition of Web Summit took place last week, bringing 15,727 attendees from 117 countries together, including 159 partners, 681 investors and 50 trade delegations.

      A record-breaking 1,108 startups across a range of tech-touching industries exhibited, showcasing their products, services and ideas, from groundbreaking biotech advancements to revolutionary sustainable energy solutions.

      Artificial intelligence (AI) was a prominent feature across all these innovations, underscoring the rapid pace of technological advancement and its pervasive influence across all aspects of modern life.

      Discussions revealed diverse opinions, with many emphasizing AI’s practical usefulness, the economic viability of large language models and the importance of real-world value in AI research.

      Self-described AI skeptic Gary Marcus, a scientist and author, proposed neuro-symbolic AI as a path to enhanced reliability. While pointing out the shortcomings of existing AI, such as ethical reasoning issues and hallucination tendencies, he acknowledged its worth, particularly in the field of biology.

      The event provided a crucial snapshot of where the tech industry stands on AI, both in terms of technological advancements and its growing influence on investment and business strategy.

      AI reshaping the investment landscape

      Despite challenges in public and private markets, experts across multiple panels agreed that AI is fueling the rapid development of new markets, influencing capital allocation and funding trends.

      Speakers on a panel focused on the current state of venture capital (VC) highlighted AI’s potential to revolutionize the VC landscape, with Freestyle Capital general partner Maria Palma asserting that AI technology has revitalized the industry by creating new opportunities and altering market dynamics.

      She argued that VCs are inherently optimistic, but must adapt to longer fund cycles and prioritize top talent migrating to startups, while also considering AI’s influence on liquidity and the speed of company building and scaling.

      Palma pointed to development platform Lovable, which brought in US$50 million in revenue in five months.

      “You didn’t see that 10 years ago in any company … I think that the pace of ability to build and ability to attack different markets is different than it’s ever been,” she told the Web Summit audience.

      In another panel, Brett Gibson, managing partner at Initialized Capital, pointed to a broader shift toward authoring software and the potential for widespread fragmentation and consolidation in the software market. 500 Global CEO Christine Tsai discussed the volatility of emerging tech stacks, while Andy McLaughlin, managing partner at Uncork Capital, stressed the importance of spotting opportunities outside mega platforms.

      The consensus was that AI is fueling new business models, pushing investors to rethink how value is defined.

      AI transforming how businesses operate

      During the ‘Smart Money in 2025’presentation, speakers Alfred Chuang of Race Capital and Wesley Chan of FPV Ventures emphasized that investors now see AI as the foundation of new hyper-focused platforms.

      The industry-specific approach of legal tech unicorn Clio was showcased at the ‘Vertical Software is Eating the World’ discussion, andhighlighted the growing interest in AI-powered vertical SaaS business models.

      “There is a huge amount of opportunity that remains, and a disruptive opportunity to unseat the incumbents in software verticals today with AI native companies, and also an opportunity for incumbents in the space to embrace AI and tap into what is an exponential opportunity for AI,” Clio CEO Jack Newton told the audience.

      Chuang elaborated on the transformative role of AI in the software industry. “I think SaaS has a huge opportunity for basically a re-up for all the different applications. We’re going to see a whole new wave of apps. Now we can automate the process, and a process can write code to automate another process … these are opportunities we have never seen before. It’s a very exciting time. We’re going to be hugely more productive going forward.”

      Chan stressed to the audience that AI utility matters more than AI branding, echoing Marcus’ earlier sentiment on its potential to increase productivity for life science companies. He cited recently announced results for Strand Therapeutics’ mRNA cancer drug, which was developed with the help of AI.

      Uncork Capital’s McLoughlin pointed to Toronto-based software company Tailscaleas an example of a firm that is enabling core functionality for AI at scale without branding itself around AI.

      “They build virtual private networks that have become fundamentally important to the AI economy. Every single (AI) hyperscaler is using Tailscale to network together this kind of global cluster of GPUs,’ he said.

      ‘We didn’t think about that when we first invested in 2019. We liked the idea of connected devices and people, but we never thought of a future where actually this would be a killer use case.”

      Discussions also honed in on generative AI’s uses in areas like customer service co-pilots and sales automation, and how AI agents are developing into more proactive partners, freeing human teams to focus on strategy. However, as AI agents begin to reason, act and potentially make decisions that carry real-world consequences, the conversation consistently circled back to the importance of accountability, privacy protection and regulation.

      While agentic AI may not yet be mainstream, it’s quickly becoming a frontier for productivity, ethics and innovation.

      Trade tensions recalibrating tech alliances

      Speakers on the ‘All in on AI’panelalso discussedthe potential for emerging markets to provide liquidity and foreign buyers, noting the increasing importance of non-US markets in the context of regulatory changes.

      “One thing that’s really quite unprecedented about this wave versus other waves is just how much of a national agenda (AI) is for so many countries around the world,” said 500 Global’s Tsai, noting that Silicon Valley still has its place among the great global founders. Palma shared that sentiment during ‘The State of Venture Capital’ talk, adding that the bigger problem is not the listing exchange, but whether entrepreneurs still desire to go public at all.

      The rise of non-US markets and a more globally dispersed talent pool are occurring against a backdrop of evolving international trade relations and policies. Several panels focused on the US-China relationship while addressing how tariffs are shaping the global tech economy, from talent acquisition to material sourcing.

      Economist William Lazonick called out the inefficacy of the current tariff strategy in terms of encouraging innovation, highlighting Big Tech’s underinvestment in research and development and prioritization of share buybacks.

      Separately, Bison Ventures founding partner Tom Biegala noted the shift toward onshoring and AI-enabled robotics in manufacturing to enhance productivity and reduce labor costs. He also touched on opportunities in the defense tech sector, driven by the need for critical components to be US- or western-made for national security reasons.

      “I think that has certainly been accelerated in today’s environment, and it’s bleeding over into a whole bunch of more traditional industries, from 3D printing to manufacturing of what are typically commodity components,” he said.

      While much of the discussion focused on US policy, another takeaway was Canada’s potential to thrive in a changing trade landscape, with several noteworthy announcements taking place throughout the week.

      One came at a Bell press conference, where the telecommunications company unveiled Bell AI Fabric, an initiative to build a network of data centers across the country, with Kamloops as its first hub. Later, Diana Gibson, BC’s minister of jobs, economic development and innovation, announced the expansion of the Integrated Marketplace Program with an additional C$30 million in funding, supporting over 30 startups across the province.

      While the province supports its tech sector, challenges like high costs and regulations remain. Gibson and Rocky Tung, director and head of policy research at Hong Kong’s Financial Services Development Council, addressed BC’s need for stronger ties, particularly in finance, VC and web3. Even so, Canada’s stability and innovation ecosystem could be attractive to investors seeking a haven and fertile ground for growth amid international volatility.

      Investor takeaway

      Web Summit served as a vital forum for exploring the multifaceted impact of AI on the tech industry and beyond, highlighting its role as both a disruptive force and a catalyst for innovation.

      As AI continues to reshape industries and markets, the insights shared at the Vancouver-based Web Summit provide a valuable roadmap for navigating the future of technology and investment.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      Here’s a quick recap of the crypto landscape for Friday (June 6) as of 9:00 a.m. UTC.

      Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

      Bitcoin and Ethereum price update

      Bitcoin (BTC) was priced at US$104,656, as markets opened, up 0.2 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$100,783 and a high of US$104,737.

      Bitcoin price performance, June 6, 2025

      Bitcoin price performance, June 6, 2025

      Chart via TradingView

      Ethereum (ETH) finished the trading day at US$2,606.52, a 2.8 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$2,408.52 and saw a daily high of US$2,596.13.

      Altcoin price update

      • Solana (SOL) closed at US$152.16, up 1.0 percent over 24 hours. SOL experienced a low of US$142.38 in the final minutes of trading and reached a high of US$151.79.
      • XRP is trading at US$2.19, reflecting a 0.7 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.08 and a high of US$2.20.
      • Sui (SUI) peaked at US$3.15, showing an increaseof 1.5 percent over the past 24 hours. Its lowest valuation on Wednesday was US$2.91, and its highest was US$3.19.
      • Cardano (ADA) is trading at US$0.6779, down 1.3 percent over the past 24 hours. Its lowest price of the day was US$0.6233, and it reached a high of US$0.6762.

      Today’s crypto news to know

      Strategy to raise nearly US$1 billion via stock offering to buy more Bitcoin

      Strategy (NASDAQ:MSTR), the company known for its aggressive bitcoin acquisition strategy, is launching a nearly US$1 billion capital raise through its new 10 percent Series A STRD preferred stock.

      The offering includes over 11 million shares and promises a high fixed yield, making it attractive to yield-hungry investors in a low-rate environment.

      Unlike other Strategy offerings like STRK (convertible) or STRF (senior status), STRD offers the highest payout at 10 percent but comes with more risk due to its non-cumulative dividend and junior status. Dividends are only issued when declared, and the shares cannot be called under normal market conditions.

      According to Strategy, proceeds will go toward “general corporate purposes,” which notably include expanding its bitcoin holdings.

      UK set to lift ban on retail access to crypto ETNs

      The UK’s Financial Conduct Authority (FCA) has announced plans to lift its ban on retail investors buying crypto exchange-traded notes (ETNs), a major shift from its earlier risk-averse stance.

      Initially barred due to concerns over volatility and investor protection, the FCA now says consumers should have the right to choose whether these high-risk assets fit their portfolios.

      David Geale, the FCA’s digital assets chief, said the move is part of a broader push to ‘rebalance’ the regulator’s approach to financial risk. The proposal enters a public consultation phase and would allow ETNs to be sold on FCA-registered investment exchanges.

      However, the FCA emphasized that its separate ban on crypto derivatives for retail traders will remain in place.

      This regulatory pivot follows the UK’s introduction of draft laws in April aimed at integrating crypto into the formal financial system.

      Metaplanet plans US$5.3 billion warrant offering to scale Bitcoin treasury

      Tokyo-based Metaplanet is taking its Bitcoin commitment to the next level with a massive US$5.3 billion stock warrant issuance, the largest of its kind in Japan.

      The company is offering 555 million shares through stock acquisition rights, using a novel moving-strike pricing model that adjusts with market value—a first in the Japanese market.

      This “555 Million Plan” follows an earlier US$600 million raise and is part of Metaplanet’s goal to hold over 210,000 BTC by 2027, approximately 1 percent of total bitcoin supply.

      The vast majority of the proceeds—around 96 percent—will go toward direct BTC purchases, while a small fraction will support debt management and derivative strategies like selling puts.

      Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      Here’s a quick recap of the crypto landscape for Friday (June 6) as of 9:00 a.m. UTC.

      Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

      Bitcoin and Ethereum price update

      Bitcoin (BTC) was priced at US$104,656, as markets opened, up 0.2 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$100,783 and a high of US$104,737.

      Bitcoin price performance, June 6, 2025

      Bitcoin price performance, June 6, 2025

      Chart via TradingView

      Ethereum (ETH) finished the trading day at US$2,606.52, a 2.8 percent decrease over the past 24 hours. The cryptocurrency reached an intraday low of US$2,408.52 and saw a daily high of US$2,596.13.

      Altcoin price update

      • Solana (SOL) closed at US$152.16, up 1.0 percent over 24 hours. SOL experienced a low of US$142.38 in the final minutes of trading and reached a high of US$151.79.
      • XRP is trading at US$2.19, reflecting a 0.7 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.08 and a high of US$2.20.
      • Sui (SUI) peaked at US$3.15, showing an increaseof 1.5 percent over the past 24 hours. Its lowest valuation on Wednesday was US$2.91, and its highest was US$3.19.
      • Cardano (ADA) is trading at US$0.6779, down 1.3 percent over the past 24 hours. Its lowest price of the day was US$0.6233, and it reached a high of US$0.6762.

      Today’s crypto news to know

      Strategy to raise nearly US$1 billion via stock offering to buy more Bitcoin

      Strategy (NASDAQ:MSTR), the company known for its aggressive bitcoin acquisition strategy, is launching a nearly US$1 billion capital raise through its new 10 percent Series A STRD preferred stock.

      The offering includes over 11 million shares and promises a high fixed yield, making it attractive to yield-hungry investors in a low-rate environment.

      Unlike other Strategy offerings like STRK (convertible) or STRF (senior status), STRD offers the highest payout at 10 percent but comes with more risk due to its non-cumulative dividend and junior status. Dividends are only issued when declared, and the shares cannot be called under normal market conditions.

      According to Strategy, proceeds will go toward “general corporate purposes,” which notably include expanding its bitcoin holdings.

      UK set to lift ban on retail access to crypto ETNs

      The UK’s Financial Conduct Authority (FCA) has announced plans to lift its ban on retail investors buying crypto exchange-traded notes (ETNs), a major shift from its earlier risk-averse stance.

      Initially barred due to concerns over volatility and investor protection, the FCA now says consumers should have the right to choose whether these high-risk assets fit their portfolios.

      David Geale, the FCA’s digital assets chief, said the move is part of a broader push to ‘rebalance’ the regulator’s approach to financial risk. The proposal enters a public consultation phase and would allow ETNs to be sold on FCA-registered investment exchanges.

      However, the FCA emphasized that its separate ban on crypto derivatives for retail traders will remain in place.

      This regulatory pivot follows the UK’s introduction of draft laws in April aimed at integrating crypto into the formal financial system.

      Metaplanet plans US$5.3 billion warrant offering to scale Bitcoin treasury

      Tokyo-based Metaplanet is taking its Bitcoin commitment to the next level with a massive US$5.3 billion stock warrant issuance, the largest of its kind in Japan.

      The company is offering 555 million shares through stock acquisition rights, using a novel moving-strike pricing model that adjusts with market value—a first in the Japanese market.

      This “555 Million Plan” follows an earlier US$600 million raise and is part of Metaplanet’s goal to hold over 210,000 BTC by 2027, approximately 1 percent of total bitcoin supply.

      The vast majority of the proceeds—around 96 percent—will go toward direct BTC purchases, while a small fraction will support debt management and derivative strategies like selling puts.

      Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      Here’s a quick recap of the crypto landscape for Wednesday (June 4) as of 9:00 p.m. UTC.

      Get the latest insights on Bitcoin, Ethereum and altcoins, along with a round-up of key cryptocurrency market news.

      Bitcoin and Ethereum price update

      Bitcoin (BTC) was priced at US$105,057, as markets closed, down 1.1 percent in 24 hours. The day’s range for the cryptocurrency brought a low of US$104,648 and a high of US$105,484.

      Bitcoin price performance, June 4, 2025

      Bitcoin price performance, June 4, 2025

      Chart via TradingView.

      Despite the price dip, institutional interest remains strong. Heath care technology provider Semler Scientific (NASDAQ:SMLR) recently acquired 185 BTC for US$20 million, bringing its total holdings to 4,449 BTC (US$500 million), underscoring continued confidence in Bitcoin’s long-term value.

      Market analysts are closely monitoring key resistance levels, with some anticipating a potential breakout that could influence broader cryptocurrency market dynamics in the days ahead. Crypto analyst Michaël van de Poppe suggested that a breakout above US$107,500 could pave the way for a new all-time high for Bitcoin and potentially push Ethereum’s price to US$3,000, identifying that level as a key area of concentrated derivatives market liquidity.

      Ethereum (ETH) finished the trading day at US$2,629.53, a 0.3 percent increase over the past 24 hours. The cryptocurrency reached an intraday low of US$2,609 and saw a daily high of US$2,667.

      Altcoin price update

      • Solana (SOL) closed at US$155.69, down 3.1 percent over 24 hours. SOL experienced a low of US$155.60 in the final minutes of trading and reached a high of US$157.54.
      • XRP is trading at US$2.22, reflecting a 2.7 percent decrease over 24 hours. The cryptocurrency reached a daily low of US$2.21 and a high of US$2.26.
      • Sui (SUI) peaked at US$3.22, showing a decreaseof 3.2 percent over the past 24 hours. Its lowest valuation on Wednesday was US$3.19, and its highest was US$3.24.
      • Cardano (ADA) is trading at US$0.6746, down 2.4 percent over the past 24 hours. Its lowest price of the day was US$0.6742, and it reached a high of US$0.6900.

      Today’s crypto news to know

      Vance says Bitcoin Reserve Act is on the way

      At the Bitcoin 2025 conference, Frax Finance founder Sam Kazemian disclosed his private conversation with Vice President JD Vance, who revealed the administration’s sweeping crypto roadmap.

      According to Kazemian, Vance confirmed that stablecoin legislation is only the starting point, with a broader market structure bill and a Bitcoin Reserve Act also in the pipeline.

      This reserve act would codify Bitcoin as a long-term federal asset, mirroring how some countries hold gold. Vance emphasized bipartisan support and framed crypto as central to economic innovation.

      Kazemian also noted that Frax USD, his stablecoin project, may be designated legal tender under the upcoming legislation.

      GENIUS Act nears Senate vote amid sharp partisan divide

      The bipartisan GENIUS Act, aimed at regulating stablecoins, could reach the Senate floor by the end of the week, according to journalist Eleanor Terrett.

      Passed out of committee with a strong 66 to 32 vote in May, the bill still faces turbulence due to over 60 proposed amendments. Much of the friction stems from concerns over conflicts of interest tied to Trump’s crypto engagements, including his backing of the USD1 stablecoin.

      Lawmakers are now scrambling to trim the amendment list to a “manageable” level that both parties can agree on.

      If consensus is reached, the Senate could vote within days — but failure to compromise may delay the bill into next week. The bill’s progress is closely watched by the US$248 billion stablecoin industry.

      Truth Social takes aim at spot Bitcoin ETF market

      Interest in crypto-linked investment products continues to grow, with NYSE Arcafiling a proposal to list a spot Bitcoin exchange-traded fund (ETF) tied to Donald Trump’s media platform, Truth Social.

      Submitted on behalf of Yorkville America Digital, the proposed ETF would enter an increasingly competitive field of spot Bitcoin ETFs. If approved, it would be custodied by Foris DAX, the same provider used by Crypto.com.

      While the 19b-4 filing marks a key regulatory milestone, the ETF must still undergo US Securities and Exchange Commission review of its S-1 registration statement before it can move forward.

      Trump-linked crypto firm drops mini ‘stimulus check’ to wallets

      World Liberty Financial, a Trump-family-backed crypto firm, sent US$47 worth of its USD1 stablecoin to every wallet involved in its WLFI token sale, effectively issuing a small-scale “stimulus check.”

      The drop is being viewed as a marketing maneuver tied to growing momentum around the token, which is pegged to the US dollar and integrated with Chainlink’s CCIP for multichain expansion.

      Though the amount is modest, it helped spur conversation on social media and drew attention to USD1’s role in major deals, including a US$2 billion investment into Binance by MGX. World Liberty Financial currently boasts a US$200 million market cap for USD1 and is gearing up to release its own crypto wallet.

      WEF speculates DePIN market could reach US$3.5 trillion in three years

      According to a report published on Tuesday (June 3) by the World Economic Forum (WEF), the convergence of blockchain and artificial intelligence (AI) could see the DePIN market exceed US$3.5 trillion by 2028.

      The report cites the emergence of decentralized physical AI as a catalyst for the industry’s growth, referring to it as a “fundamental shift” in AI agent interactions with physical infrastructure and external data.

      Yet the report notes that companies face challenges when it comes to determining which developments to invest in and which are too immature to drive significant business value.

      It mentions that allocating limited resources across different technology maturity levels requires a disciplined approach to technology assessment that goes beyond traditional ROI calculations, recommending a balanced portfolio approach that considers future value and business model innovation potential.

      Hong Kong to launch digital asset derivatives trading

      According to a local report, Hong Kong’s securities regulator plans to launch digital asset derivatives trading for professional investors to broaden market offerings and strengthen Hong Kong’s position in the global digital asset space.

      The Hong Kong Securities and Futures Commission emphasizes prioritizing robust risk management, mandating that trades occur ‘in an orderly, transparent and secure manner.’

      To further enhance preferential tax regimes for funds, single-family offices and carried interest virtual assets will be designated as qualifying transactions for tax concessions. This initiative aims to draw a greater number of significant international fintech firms to establish operations in Hong Kong, recognizing their potential contribution.

      Bybit enhances security measures

      Following a hack resulting in the loss of approximately US$1.4 billion worth of ETH in February, Bybit unveiled a comprehensive security enhancement today, as reported to Cointelegraph.

      This upgrade involves three key pillars. First, Bybit has fortified its security auditing processes, both internally and externally, by implementing 50 new security measures.

      Second, the company has strengthened its cold wallet protocols. This includes instituting a revised operational safety procedure that mandates continuous supervision by security experts, integrating multiparty computation for enhanced protection, and consolidating hardware security modules.

      Lastly, Bybit has achieved ISO/IEC 27001 certification for information security risk management. In addition, all internal and customer communications, as well as data storage, are now fully encrypted.

      Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

      Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

      This post appeared first on investingnews.com

      US Capital Global Securities LLC, the SEC-registered broker-dealer division of the global private financial group US Capital Global is pleased to announce that it has acted as lead advisor and facilitator on a project finance facility of up to $50 million for Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (‘Charbone’). The financing is being provided by a private fund managed by True Green Capital Management LLC (‘TGC’).

      Headquartered in Montreal, Charbone is a rare publicly traded pure-play hydrogen company focused exclusively on the production and distribution of green hydrogen in North America. The company is developing modular production facilities targeting 99.999% purity (Grade 5.0) hydrogen, with all output pre-sold through tier-one offtake agreements.

      ‘We’re proud to have served as lead advisor to both Charbone and TGC on this transaction,’ said Charles Towle , CEO of US Capital Global Securities. ‘Charbone is gaining strong momentum as demand grows for clean hydrogen solutions to decarbonize the energy grid. With key sites in development across North America, we look forward to supporting the company’s continued growth. The transaction was led by Lisa Terk, Senior Vice President and a top CleanTech and Renewables banker at our global headquarters.’

      ‘This financing marks an important milestone in executing our long-term growth strategy,’ said Benoit Veilleux , CFO of Charbone. ‘We are grateful to US Capital Global for their consistent support and expertise throughout this process—from structuring and investor engagement to the successful completion of legal documentation.’

      Hervé Touati , Managing Director at TGC, added: ‘We’re pleased to be financing Charbone and look forward to working together on this joint renewable clean energy initiative. We appreciate the diligence and insight of US Capital Global in bringing this opportunity to this stage.’

      About Charbone Hydrogen Corporation

      Charbone Hydrogen Corporation is an integrated green hydrogen company developing a North American network of modular production facilities while also leveraging commercial partnerships to distribute hydrogen, helium, and other industrial gases. This dual approach enhances revenue potential, reduces capital intensity, and increases flexibility. Charbone’s shares trade on the TSX Venture Exchange (TSXV: CH), OTC Markets (OTCQB: CHHYF), and Frankfurt Stock Exchange (FSE: K47). Learn more at www.charbone.com .

      About True Green Capital Management

      True Green Capital Management LLC (‘TGC’)  is a specialized renewable energy infrastructure fund manager with a focus in distributed power generation in the US and Europe. Since 2011, TGC has financed and managed clean energy assets that generate stable, low-correlated returns. Headquartered in Westport, Connecticut, TGC also maintains an office in London. Learn more at www.truegreencapital.com .

      About US Capital Global

      Founded in 1998, US Capital Global offers a range of advanced financial solutions, including debt, equity, and investment products customized for middle-market enterprises and investors. The firm oversees direct investment funds while delivering comprehensive wealth management and investment banking services, encompassing M&A strategies and capital raising expertise. Among the notable entities within the consortium are US Capital Global Investment Management LLC, US Capital Global Wealth Management LLC, and US Capital Global Securities LLC, an SEC-registered broker-dealer and member of FINRA. To learn more, visit www.uscapital.com .

      For more information about this transaction, please contact Lisa Terk, Senior Vice President, at lterk@uscapital.com or call +1 415-889-1026.

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        Vanessa Guajardo US Capital Global +1 415 889 1010 media@uscapglobal.com 

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