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The Robust Utility Sector: An Overview of XLU ETF

Select Sector SPDR

In a world filled with market volatility, the utilities sector stands out as a constant. The Utilities Select Sector SPDR Fund ( XLU ) provides investors with a potential hedge against this uncertainty. This low-cost, easily accessible fund concentrates on the largest U.S. companies in the utilities industry, making it a compelling option for those seeking portfolio diversification. Investing in XLU: A Comprehensive Snapshot Launched in 1998, XLU has proven to be a popular choice among investors, with average daily trading volume exceeding 14 million shares in 2023. The Fund has over $14 billion in assets and boasts an impressively low total expense ratio of 0.10%*. Its portfolio comprises 30 companies with a median weighted market cap of $24 billion. The top 10 holdings** account for nearly 60% of the fund’s assets. These include renowned names like NextEra Energy (13.30%), Southern Company (8.16%), Duke Energy (7.98%), Sempra Energy (5.02%), and American Electric Power (4.56%). These companies are primarily engaged in producing, generating, transmitting, or distributing electricity or natural gas, which are essential services that remain in demand regardless of stock market conditions. The fund also recognizes the growing importance of renewable energy. As the cost of materials for producing renewable energy has stabilized thanks to tax credits, new developments, and increased production of solar panels and wind farms, this segment of the utility sector is becoming increasingly more viable. The Case for XLU: Steady Business and High Demand There are two primary reasons why XLU is an appealing investment. First, the utility sector is known for its steady business model. Most people pay their power bills directly to the provider, ensuring a consistent revenue stream. Second, the increasing demand for electricity presents significant opportunities for utility companies. As electronic devices and electric vehicles become more prevalent, these companies must invest in infrastructure upgrades and expand their generation capacity to meet the rising energy requirements. XLU provides robust exposure to large-cap utility companies, which are essential for powering our economy. Its high trading volume benefits both buyers and sellers. For investors seeking a diversified portfolio, adding a utility sector fund like XLU could be a bright move. DISCLAIMER: This is a work of research and should not be taken as investment or financial advice. Therefore, Select Sector SPDRs or the publisher is not liable for any decision made based on the publication. About the Company: Select Sector SPDR ETFs offer flexibility and customization opportunities. Many investors have similar outlooks, but no two are exactly alike. Select Sector SPDR ETFs let investors select the sectors that best meet their investment goals. *Ordinary brokerage fees apply **Holdings, Weightings & Assets as of 12/31/23 subject to change DISCLOSURES The S&P 500 Index is an unmanaged index of 500 common stocks that is generally considered representative of the U.S. stock market. The index is heavily weighted toward stocks with large market capitalizations and represents approximately two-thirds of the total market value of all domestic common stocks. The S&P 500 Index figures do not reflect any fees, expenses or taxes. An investor should consider investment objectives, risks, fees and expenses before investing. One may not invest directly in an index. Transparent ETFs provide daily disclosure of portfolio holdings and weightings All ETFs are subject to risk, including loss of principal. Sector ETF products are also subject to sector risk and nondiversification risk, which generally will result in greater price fluctuations than the overall market. Diversification does not eliminate risk. An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information, call 1-866-SECTOR-ETF (732-8673) or visit www.sectorspdrs.com. Read the prospectus carefully before investing. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust. Media Contact: Company: Select Sector SPDRs Contact: Dan Dolan* Address: 1290 Broadway, Suite 1000, Denver, CO 80203 Country: United States Email: dan.dolan@sectorspdrs.com Website: https://www.sectorspdrs.com/ *Dan Dolan is a Registered Representative of ALPS Portfolio Solutions Distributor, Inc. ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is the distributor for the Select Sector SPDR Trust. SEL007165 EXP 3/31/24 Contact Details Dan Dolan +1 203-935-8103 dan.dolan@sectorspdrs.com Company Website https://www.sectorspdrs.com/

January 12, 2024 05:00 AM Eastern Standard Time

Overstock Trader Simplifying Excess Inventory Management for Global Retailers

KISS PR Brand Story

Northampton, United States, January 12, 2024- In an era where inventory management can make or break a business, Overstock Trader emerges as a game-changer, revolutionizing how global retailers navigate the complexities of excess inventory. With a mission to streamline the surplus goods liquidation process, Overstock Trader stands as a beacon for businesses seeking efficient solutions in the competitive retail landscape. The retail industry is no stranger to the challenges posed by excess inventory – the surplus goods that accumulate due to various factors such as seasonality, changing consumer trends, or overestimation of demand. Managing and can be a daunting task, often leading to operational inefficiencies and financial strain for businesses. Overstock Trader steps in as a strategic partner for global retailers, providing a dynamic platform that connects sellers with a vast network of buyers. The core objective is to facilitate an efficient and transparent liquidation process, ensuring that excess inventory finds its way into the hands of eager buyers from around the world. One of the key strengths of Overstock Trader lies in its global network. The platform spans various industries and product types, creating a collaborative space where sellers and buyers converge. This global reach not only opens doors to new markets for retailers but also fosters a community of collaboration and opportunity. Overstock Trader apart is its commitment to integrity, transparency, and reliability. The platform prioritizes user experience, offering a user-friendly interface that caters to both seasoned retailers and those new to excess inventory management. This commitment to a seamless user experience ensures that the surplus goods liquidation process is not only efficient but also accessible to businesses of all sizes. Overstock Trader provides a comprehensive inventory liquidation management service for businesses facing excess inventory challenges. Whether dealing with seasonal items, discontinued products, closeouts, or other surplus goods, the platform adapts to a wide range of scenarios. It goes beyond being a service; Overstock Trader is a strategic partner empowering businesses to optimize their operational efficiency and maximize the value of excess stock. For global retailers seeking efficient excess inventory liquidation, Overstock Trader offers a straightforward process. The platform is accessible at Overstocktrader.com, providing businesses with the tools and resources needed to navigate the surplus goods landscape effectively. About Overstock Trader: Overstock Trader is a leading player in the excess inventory management industry, dedicated to simplifying surplus goods management. Through its dynamic platform, Overstock Trader connects global retailers with a diverse network of buyers, fostering collaboration and opportunity in the retail landscape. Media Information Name: Emily Sanchez Organization: Overstock Trader Email: Info@overstocktrader.com Phone: (413) 341-2018 URL: https://overstocktrader.com/ Address: 181 Main Street,Suite#101 Northampton MA 01060 Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-l ooking statements. Release ID: 861847

January 11, 2024 10:00 PM Eastern Standard Time

Shareholder Statement on Departure of Al Gore from Board of Directors for Apple Inc.

NLPC

Apple Inc. announced that former Vice President Al Gore will not stand for reelection to the board of directors at the annual meeting in two months, attributing his departure to the company’s age limit for members. Ahead of last year’s annual meeting, National Legal and Policy Center – a shareholder in Apple – called for fellow investors to oppose Gore’s reelection, explaining in a lengthy memo filed with the Securities and Exchange Commission why he was unqualified to serve in such an influential leadership role and was detrimental to the company. NLPC wrote in part: Mr. Gore has held a position on Apple’s board since 2003, despite having no relevant experience in technology or core business functions. His primary benefit to the board is his supposed climate change expertise. However, Mr. Gore’s public reputation is inconsistent with his track record, his carbon-intensive lifestyle, and his actual investments. Instead, he has used his public advocacy as a tool for personal enrichment. In addition, his political activism poses to Apple a reputational risk that is not worth his limited skillset. Following the announcement, Paul Chesser, Director of NLPC’s Corporate Integrity Project, stated: “Al Gore was Apple’s longest serving director, for more than 20 years – but he never should have even served a day. How influential were his many distortions and exagerations over the years about energy and climate? How much more did his policy preferences increase the costs of Apple products to unaffordable highs for many more potential customers? How much did his hypocritical jet-setting and personal electricity use undermine the company’s reputation?” “Apple is a great company, but it would have been even greater without the presence of Al Gore. Good riddance.” NLPC is also sponsoring a shareholder proposal at the upcoming annual meeting, which seeks accountability from the Cupertino, Calif.-based tech giant about its human rights policies versus its actions. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with Paul Chesser, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

January 11, 2024 06:02 PM Eastern Standard Time

eFrancisco Motors and HDEX Announce Groundbreaking Partnership in The Hydrogen Sector

PlatoData

MANILLA, PHILIPPINES, JANUARY11, 2024 - ( Plato via 500NewsWire) -- HDEX and eFrancisco Motor Corporation proudly unveil a transformative alliance that will reshape the hydrogen landscape. This strategic partnership will harmonize with the distinctive business goals of both entities, offering a dynamic framework that allows for growth and innovation. Expressing enthusiasm about this groundbreaking collaboration, Aron Dutta Chairman of HDEX remarked, “This partnership marks a significant leap. We are confident that our combined strengths will propel us towards sustainable growth.” Elmer Francisco, CEO of eFrancisco Motor Corporation said, “We do not see hydrogen as an alternative fuel, rather, it is fuel of the future.” This partnership transcends traditional collaborations by embodying a mutual commitment between HDEX and eFrancisco Motor Corporation to openly exchange invaluable insights, cutting-edge research, and extensive industry expertise. Through a unified effort in pooling strengths, the shared objective is not only to reshape the paradigm of public transportation but also to set a new standard for environmentally conscious and efficient mobility solutions powered by hydrogen technology. About eFrancisco Motor Corporation https://efmc.ph/ eFrancisco Motor Corporation, established in 1947, is the original manufacturer of the iconic jeepneys in the Philippines. They participate in the Philippine government’s Public Utility Vehicle Modernization Program, which aims to replace all jeepneys and other Public Utility Vehicles that are at least 15 years old with more energy-efficient and environment-friendly alternatives. About HDEX https://hdexgroup.com At HDEX, we are committed to advancing the possibilities within the evolving hydrogen market, offering a reliable platform for seamless trade and contributing to the sustainable future of energy. HDEX is a global company based in the United Kingdom. For more information contact us at info@hdexgroup.com. HDEX is set to debut its private token offering in the next few weeks, inviting only a select group of investors to participate. To receive updates, please join our mailing list at http://hdexgroup.com/ Source: Plato Data Intelligence Contact Details HDEX info@hdexgroup.com

January 11, 2024 05:12 PM Eastern Standard Time

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UDS Service Dogs Program Achieves Accreditation by Assistance Dogs International

UDS

United Disabilities Services (UDS) Service Dog Program, an assistance dog program dedicated to assisting people with disabilities, is pleased to announce that it achieved reaccreditation by Assistance Dogs International (ADI). ADI is the leading authority in the Assistance Dogs industry. It establishes and promotes standards of excellence in all areas of assistance dog acquisition, training and partnership. UDS Service Dogs trains puppies starting at the age of 8 weeks to work as Service Dogs for people with mobility challenges and autism, Facility Dogs in school districts and therapy offices as well as Veterans with PTSD. We mainly work with Labrador Retrievers due to their high work drive, however recently there has been a high demand for non-shedding breeds and we are now working with Labradoodles, Goldendoodles, Bernedoodles and Aussiedoodles to address those client needs. Once accredited, a program becomes a member of ADI. Member programs must complete a reaccreditation every 5 years to comply with ADI’s Standards of Practice. ADI accreditation is a peer-review process conducted by a trained ADI assessor over a period of two to four days. Currently there are 155 ADI-accredited assistance dog programs in the world. About UDS Foundation UDS Foundation is a Lancaster, PA-based organization whose mission is to improve the lives of people with physical and age-related disabilities. UDS accomplishes that by providing a variety of home- and community-based services to help people with disabilities enjoy safer, happier, and more independent lives in the comfort of their homes. Incorporated in 1970, UDS has evolved from a small organization to a company providing a network of 12 different programs through several nonprofit and for-profit entities. UDS serves individuals with disabilities, including the aging and veterans, throughout Pennsylvania and coordinates a network of business partners and satellite offices in multiple counties. For more information, visit www.udservices.org. About Assistance Dogs International Assistance Dogs International (ADI) is a worldwide coalition of non-profit organizations that raise, train and place assistance dogs. The mission of ADI is to foster a collaborative global community dedicated to the highest standards of excellence for the assistance dog industry. For more information, visit www.assistancedogsinternational.org or contact Chris Diefenthaler, ADI’s Executive Director at chris@assistancedogsinternational.org or +1- 419-350-5788 Contact Details United Disabilities Services Service Dogs Lori Breece +1 717-715-8753 lorib@udservices.org Company Website https://udservices.org

January 11, 2024 04:56 PM Eastern Standard Time

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DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch

Sui

The deal includes strategic investment from Sui to fuel the expansion of Karrier One’s growing global footprint Sui, in collaboration with Karrier One, proudly announces a strategic partnership that marks a significant leap in integrating advanced telecom services with the dynamic capabilities of web3 technology. At the heart of the partnership is the investment that Sui is making in Karrier One, which provides funding to help expand its Decentralized Physical Infrastructure (DePIN) technology. This collaboration showcases the potential for decentralized technologies to vastly expand access to the digital world and enhance connectivity for underserved populations. The technical integration of this new partnership will feature DePIN services powered by the Sui blockchain and the launch of a Karrier One Decentralized Wireless (DeWi) network token on Sui. In addition, contributors to and participants in the Karrier One ecosystem will be able to earn DeWi tokens for various activities such as deploying radios and mobile usage involving Karrier One phone numbers. This launch not only introduces a versatile governance token but also expands the Karrier ecosystem with a diverse array of utilities accessed and consumed via fungible tokens and NFTs. For example, as part of Karrier One’s implementation, universal phone numbers will be sold by Karrier One on the network and secured by NFTs using the Karrier Number System (KNS) which is fortified with features that prioritize self-sovereign digital identity, safeguard user data and enhance digital security. A key feature of the KNS will be the integration of zkLogin, a fundamental Sui primitive that streamlines user interactions on Sui by enabling web3 authentication with familiar web2 credentials. For example, with zkLogin, users can log in with Google or Facebook to generate a self-custodial wallet secured by zero-knowledge proofs. By combining KNS with zkLogin on Sui, the partnership enables end users to transact in web3 using their telephone numbers instead of requiring them to manage a crypto native wallet. All Karrier One phone numbers will be distributed with these integrations as a default option of its phone plan. Users will also be able to transfer their numbers from other carriers, allowing them to enjoy the benefits of KNS and zkLogin. For the first time ever, users will be able to specify an address on the network using a phone number and securely and privately send and receive digital assets via text message with no wallet setup required. Already a leading player in DePIN technology, Karrier One will utilize the new investment from Sui to augment its offerings with an array of new services, such as retail radio deployments and innovative mobile phone plans along with KNS, delivering vital infrastructure to underserved areas. A pivotal aspect of this work involves leveraging Karrier One’s advanced radio technology to tap into unused wireless spectrum, primarily from large telecom companies, which are often reluctant to incur the hefty capital expenditures required to build the infrastructure in certain regions of the US and abroad. As a result, a vast portion of the spectrum is left under-utilized. Karrier One addresses this gap by monetizing these signals efficiently and effectively to promote sustainable economic growth and inclusive connectivity. “We are thrilled to announce our partnership with the Sui Foundation,” stated Samer Bishay, CEO of Karrier One. “This partnership is a major step towards expanding our influence and reach in telecommunications. Our goal has always been to ensure that connectivity is universally accessible, affordable, and sustainable. Sui’s parallelized transactions, efficient on-chain data storage capabilities and superior processing capacity align perfectly with our mission. Sui has demonstrated its ability to maintain gas fees that are low and predictable even during massive use of the network, ensuring that our users can leverage the full potential of our technology with the prospect of millions of daily hashed transactions on-chain and despite the vast requirements for data storage. This technology is crucial for our telecom application buildouts, which demand rapid, scalable, high-volume transaction handling in the nine and ten-figure range.” Greg Siourounis, Managing Director of the Sui Foundation, commented, “Our collaboration with Karrier One demonstrates our commitment to using decentralized technologies to build a more inclusive and interconnected future. More than just an alignment of goals and values, our partnership combines two superior technologies to advance decentralized telecommunications. By developing the DePIN network on Sui, Karrier One is leveraging network scalability, security, and efficiency unmatched by existing platforms and moving us forward towards a future where this technology is a catalyst for positive change.” This partnership also represents the teams’ shared commitment to the United Nations Sustainable Development Goals (UN SDGs), focusing on Quality Education (Goal 4), Industry, Innovation, and Infrastructure (Goal 9), and Sustainable Cities and Communities (Goal 11). In particular, Karrier One’s presence at the COP 28 conference in Dubai at the end of 2023 was an opportunity to showcase its innovative solutions and strategies that align with global sustainability efforts. This appearance not only underscored Karrier One’s dedication to sustainable practices but also highlighted its growing influence in the UAE and on the global stage. The partnership between Karrier One and Sui embodies their united vision of leveraging decentralized technology for societal and environmental betterment. It is expected to accelerate the deployment of DeWi solutions, making a substantial contribution to worldwide efforts for a sustainable, inclusive and connected future. Contact Details Sui Team Sui Foundation media@sui.io

January 11, 2024 04:41 PM Eastern Standard Time

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Latest Update Extends INTMAX Wallet Availability to All Devices

INTMAX Protocol

The INTMAX Wallet team is excited to announce the launch of "Link Transfer" today, a groundbreaking feature addition. This innovative functionality transforms the process of sending Crypto for both individuals and organizations, making it as simple as sending a message on a social network. The introduction of Link Transfer is a significant step forward. Allowing users to send Crypto through a wallet URL containing the Crypto they wish to send, this Crypto can be USDT, USDC, ETH, MATIC, or similar. Link Transfer eliminates the need to request the recipient's address every time, simplifying and speeding up crypto transactions. In addition, the INTMAX wallet is now available on all device types. This latest update guarantees secure access to the INTMAX Wallet across a variety of devices, including those that may not support passkeys, biometric, or facial recognition technologies. The teamcommitment to expanding the accessibility of the INTMAX wallet while upholding robust security standards ensures that all users, regardless of their device capabilities, can confidently manage their digital assets with the INTMAX Wallet. Key Features of Link Transfer Ease of Use: Send Crypto like a message on a social network. Authenticate using the recipient's mobile number, email, Discord, X (Twitter), TikTok, Google, or other methods as we implement them, no need for a wallet address. Convenience: Perfect for users who find it cumbersome to ask for addresses for every transaction. Innovative Technology: Built on the highly secure and efficient INTMAX Wallet platform. The INTMAX Wallet is recognized for its unique security measures, utilizing MPC (Multi-Party Computation) + FHE (Fully Homomorphic Encryption), providing near-hardware-level security in a mobile wallet. This high standard of security, combined with the ease of a web-based platform that requires no app, extension, or seed phrase, makes INTMAXWallet a top choice for crypto users of all levels. Availability and Compatibility Link Transfer is exclusively on the Polygon and Arbitrum networks for now. In the near future, INTMAX is looking to broaden this feature to include additional networks such as Ethereum, Optimism, among others. This expansion will enhance the versatility of INTMAX Wallet, allowing users to interact across various chains. About Intmax INTMAX is the stateless zkRollup layer of Ethereum, focusing on seamless scalability, security, and user experience. Our platform's core is a dedication to revolutionizing how we interact with blockchain technology, making it more accessible, efficient, and secure for everyone. The mainnet is planned to be launched in Q1 2024. Unmatched Security & Speed: Matches Layer 1 security with a unique algorithm for fast verification, ready to scale to over a billion daily users. Ethereum Affordability: Executes over 100,000 TPS, significantly reducing costs with near-zero gas transaction fees. Onchain Privacy: Using zero-knowledge proofs for private data verification, keeping information confidential while on a public blockchain. Near-Zero Gas Fee: Stateless zkRollup architecture drastically reduces transaction costs while maintaining Ethereum-level security. True Interoperability: Seamless token transfers from other L2 solutions. Innovative Algorithm: Drives efficiency, privacy, and scalability; 99.9% cost reduction with zkRollup without history data. For more information, please visit: https://intmax.io/ Intmax Wallet: https://home.wallet.intmax.io/ Intmax Protocol Whitepaper: https://eprint.iacr.org/2023/1082.pdf written by Erik Rybakken, Leona Hioki, and Mario Yaksetig. Contact Details Intmax Protocol Shodipo Ayomide ayo@intmax.io

January 11, 2024 01:49 PM Eastern Standard Time

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Mercado Bitcoin Starts 2024 with Listing of TRON Network’s Native Token: TRX

Mercado Bitcoin

São Paulo, 11 January 2024 - Mercado Bitcoin, Brazil's largest cryptocurrency exchange, proudly announces the listing of Tronix (TRX), the native utility token of the TRON network, enhancing its digital asset offerings. This addition marks a significant milestone in diversifying the cryptocurrency exchange while aligning with its strategy to introduce more credible digital assets to its users. Fabrício Tota, Director of New Business at Mercado Bitcoin, highlights the significance of this development: "From a business and technological perspective, this is a huge milestone for Brazil since each token has distinct characteristics and caters to specific audiences, which contributes to the expansion of the digital economy and impacts more people through tokenization." Mercado Bitcoin is actively listing more tokens from the TRON ecosystem, including APENFT, BTT, JUST, SUN, USDD, and WIN, thereby expanding the range of digital assets available to its users. David Uhryniak, Ecosystem Lead at TRON DAO, shared his enthusiasm about the listing, stating, "We're thrilled to see TRX join the lineup of digital assets on Mercado Bitcoin. As the top cryptocurrency exchange in Brazil, Mercado Bitcoin has consistently demonstrated its leadership and innovation in the cryptocurrency landscape. This listing enhances TRX's global accessibility and represents the growing interest in blockchain technologies in Brazil. " The inclusion of TRX on Mercado Bitcoin's platform is a testament to TRON’s growing global presence and Mercado Bitcoin's commitment to being at the forefront of the digital economy. As the exchange continues to broaden its offerings, such strategic collaboration is crucial in promoting the adoption and understanding of cryptocurrencies in Latin America and beyond. Stay tuned for more exciting developments from this evolving partnership. About Mercado Bitcoin: With 3.8 million customers and over USD15 billion traded since our inception in 2013, MB has been connecting people and businesses to the blockchain and the tokenized economy for over 10 years, operating with the highest standards of transparency and financial integrity. As the first crypto unicorn in Brazil and audited since 2018, including audits by EY since 2022, MB is a member of the Brazilian Association of Cryptoeconomics (ABCripto) and adheres to its Code of Conduct and Self-Regulation in Money Laundering Prevention, ensuring compliance with best practices. Media Contact Patrícia Nakamura imprensa@mercadobitcoin.com.br About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2024, it has over 206.07 million total user accounts on the blockchain, more than 6.99 billion total transactions, and over $21.37 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Patrícia Nakamura imprensa@mercadobitcoin.com.br

January 11, 2024 01:37 PM Eastern Standard Time

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TRON 2023: Key Developments and Collaborative Milestones

TRON DAO

Geneva, Switzerland, January 11, 2024 - TRON achieved a series of developments and collaborations that have enhanced its position in the Web3 space. The following are highlights from the year 2023. Network Growth and Stablecoin Dominance The TRON network has seen proper growth, with a 54% increase in accounts, now exceeding 204 million. The total transaction volume reached over $10 trillion, and Total Value Locked (TVL) achieved a global ranking of second, reaching $8.14 billion, according to DefiLlama. The ascent of TRON-based stablecoins—such as USDT, TUSD, USDC, USDD, and USDJ—have amounted to $50 billion in value, and has helped grow the DeFi landscape. Significant Collaborations Strategic collaborations have been at the forefront of TRON’s achievements. TRON supported the launch of the Dominica Metaverse Bound Token (DMBT) by DMC Labs, as part of the Dominica Metaverse program endorsed by the Dominica government. Additionally, TRON joined the Japan Cryptoasset Business Association (JCBA) representing its commitment to further exploring the Japanese market. Furthermore, integrations with Google Cloud's BigQuery and Huawei's Web 3.0 Node Engine Service have expanded TRON’s network capabilities. HackaTRON and TRON Builder Tour Starting with HackaTRON Season 4, in collaboration with HTX, it engaged over 625 participants and 172 projects, resulting in 30 judge-voted and 30 community-voted winners across DeFi, Web3, NFT, GameFi, Builder, and Eco-Friendly tracks. Season 5, in collaboration with BitTorrent Chain (BTTC) and HTX, attracted over 3,500 participants and more than 2,000 projects. This season witnessed 25 judge-voted qualifiers and 25 community-voted winners in Web3, DeFi, Artistry, Builder, and AI tracks. 2023 HackaTRON S4 and S5 boasted a substantial prize pool of up to $1,000,000* in total. Alongside, the TRON Builder Tour (TBT) was hosted in various stops, such as Stanford, Princeton, New York City, Los Angeles, Miami, and Barcelona. Notably, the Princeton stop had nearly 100 participants and a prize pool of up to $8,000*. In each city, the tour united blockchain enthusiasts, developers, and students, fostering a learning and networking environment. Note: All prizes were issued in USDD, not USD, restrictions applied. Ecosystem Initiatives Another major milestone reached in the year 2023 by TRON was the inauguration of the $100 million AI Development Fund, showcasing TRON’s initiative to blend artificial intelligence with blockchain technology. Another initiative created was the TRON Climate Initiative which further underscored TRON’s commitment to sustainability. Event Participation TRON participated in events like Consensus 2023, Token2049 and Binance Blockchain Week. TRON achieved the "Best Layer 1 of the Year'' award during the Blockchain Life 2023 event in Dubai, a nod to their robust infrastructure. As 2023 comes to a close, TRON's journey through the year stands as a testament to its growing influence in the Web3 space. The past year has stood as a testament to the strength of TRON developers, users, and community members. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2024, it has over 206.07 million total user accounts on the blockchain, more than 6.99 billion total transactions, and over $21.37 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum Media Contact Hayward Wong press@tron.network Contact Details Hayward Wong press@tron.network Company Website https://trondao.org/

January 11, 2024 01:22 PM Eastern Standard Time

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