PANews reported on July 28 that according to the company's announcement, Synagistics Holdings (02562.HK) announced the launch of a new digital financial group, Synagistics Digital Finance Group (SDFG), which is committed to building Asia's first multi-currency, interoperable stablecoin and real-world asset (RWA) tokenization solution ecosystem. SDFG will promote the integration of traditional finance and blockchain, achieve efficient, programmable settlement and liquidity enhancement, and work with regional and international stakeholders to build a new generation of digital payment infrastructure. The group is led by Ms. Jingxuan Zeng, former Chairman of Standard Chartered Bank Greater China, and relies on Synagistics Holdings' existing AI and big data platforms to help regional digital financial integration and trade innovation.



US President Donald Trump and UK Prime Minister Keir Starmer signed a memorandum of understanding on Thursday during Trump's state visit to the United Kingdom. The United States and the United Kingdom signed a memorandum of understanding on Thursday to jointly develop artificial intelligence, nuclear energy, telecommunications and quantum computing for a wide range of uses including space travel, military defense, targeted biomedical drugs and medical procedures.The MOU, which is not legally binding and changes no existing agreements between the two countries, proposes joint research initiatives between a host of government departments and agencies in both countries to study these emerging technologies.The two countries will form a task group to develop quantum computing hardware, software, algorithms and interoperability standards, according to the MOU.Read more