Reality Partners with Merkl to Support rToken Dividend Distribution Across DeFi

VICTORIA, Seychelles, Nov 10 (Bernama-GLOBE NEWSWIRE) -- Reality, the tokenization platform bringing publicly listed equities onchain and part of the Bitget ecosystem, has partnered with Merkl to identify eligible rToken holders whose tokens are deployed across supported DeFi protocols. This will enable them to keep receiving dividends in stablecoin, even when their tokens are put to work in DeFi instead of sitting in a wallet.

rTokens provide tokenized exposure to publicly listed stocks and ETFs, including eligible economic benefits such as dividends. When these tokens are deposited into lending markets, liquidity pools or staking contracts, the smart contract may appear as the holder onchain instead of the individual user. This makes it more difficult to identify who should receive the associated dividend distributions.

Merkl’s reward forwarder technology addresses this by tracing token positions through supported smart contracts to identify the underlying holders and allocate distributions according to the applicable rules. The system can account for multiple layers of DeFi contracts and protocol-specific fees. Users and developers can check if individual contracts are supported through the Merkl Studio Forwarder Scan tool.

"The challenge with assets held in DeFi is knowing who sits behind each position," said Pablo Veyrat, CEO and Co-founder of Merkl. "Our forwarder technology traces ownership through nested smart contracts and tells Reality exactly who holds what, so dividends can reach the right people wherever their tokens are deployed."

"Tokenized equities should be useful beyond trading," said Gracy Chen, CEO of Bitget. "If someone puts their rTokens to work in DeFi, they should still be able to receive the dividends they’re eligible for. Working with Merkl helps us address that challenge and makes tokenized equities more practical for everyday use."

Under the partnership, Reality continues to manage rToken issuance and dividend entitlements, while Merkl provides the reward forwarding infrastructure for identifying eligible holders across supported DeFi positions. Reality’s rToken model distributes eligible cash dividends separately from the token’s price, with net cash dividends generally settled in USDT. Distribution through DeFi remains subject to the supported contracts and applicable distribution rules.

The partnership builds on the growing adoption of rTokens within Bitget’s UEX ecosystem. According to a DeFiLlama report, rToken trading volume reached $1.16 billion in cumulative volume between June and July, while the number of users trading both crypto and rTokens grew 23.54% month over month in July 2026, pointing to rising demand for tokenized equities as part of broader, cross-asset strategies. The integration with Merkl supports the next stage of development, helping extend the use of tokenized equities beyond exchange-based trading into DeFi.

About Reality

Reality is a regulated real-world asset issuance platform built for global markets, and is proudly part of the Bitget ecosystem. Working with licensed brokers across major exchanges, including Nasdaq and the NYSE, we purchase and hold the underlying assets in custody, then issue the corresponding rights on-chain. This connects traditional capital markets with on-chain infrastructure, opening institutional-grade access to real-world assets for users worldwide.

About Merkl

Merkl is the leading onchain money streaming platform. Stablecoin issuers, fintechs, neobanks and tokenized funds use Merkl to calculate and send yield, dividends and payouts. Merkl tracks ownership across lending markets, liquidity pools and other nested smart contracts, so every payment reaches the beneficial owner behind each position. Since launching in July 2023, Merkl has distributed over $1.8B in tokens across 60+ chains for more than 1,000 companies, including PayPal, Coinbase, Robinhood and Morpho.

For media inquiries, please contact: media@bitget.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc2e8771-09cc-41d7-b3c3-d46f4533278f

SOURCE: Bitget Limited

DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

--BERNAMA

Pacific Prime Wins Four Awards at HR Vendors of the Year Awards Singapore 2026

^{Representatives of Pacific Prime received the award at HR Vendors of the Year Awards Singapore 2026}


SINGAPORE, Nov 10 (Bernama-BUSINESS WIRE) -- Pacific Prime, an international health insurance solutions provider and employee benefits and risk specialist, was recognized with four awards at the HR Vendors of the Year Awards Singapore 2026, headlined by a Gold award for Best HR Compliance Partner. The recognition celebrates Pacific Prime’s commitment to building industry-leading insurtech tools and tailored consulting that help employers effectively manage compliance, employee benefits, and corporate risk.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261109777292/en/ 

The awards were presented on October 23, 2026, at a gala dinner held at Sofitel Singapore City Centre and hosted by Human Resources Online. Pacific Prime was represented by Heena Bose, CEO of Pacific Prime Singapore, among other members of its leadership.

The four winning categories were:

• Gold: Best HR Compliance Partner
• Silver: Best HR Transformation Partner
• Bronze: Best HR Management System (Enterprise)
• Bronze: Best HR Management System (SMB)

These awards also highlight Pacific Prime’s expertise and dedication towards supporting organizations at every stage of their HR journey, from navigating complex regulatory requirements, driving digital HR transformation, to streamlining day-to-day benefits administration through solutions for businesses of any scale.

At the core of this is Pacific Prime’s insurtech suite. Pacific Prime’s proprietary Prime Care Portal (PCP) lets global HR teams administer benefits across insurers and markets from a single platform, and has served 3,417 corporate clients and 645,028 members to date. For employees, the Flexible Benefits Portal supports benefits selection, eWallets, and a wellness marketplace, and processes over 2 million claims annually.

Heena Bose, CEO of Pacific Prime Singapore, commented on the wins following the ceremony:

“Excellence is not an aspiration; it is how we operate. We combine strong client relationships, talented people and smart technology to deliver solutions that go beyond expectations. These awards reflect the ambition, commitment and consistency of our Singapore team. We set high standards globally, and I am incredibly proud to see our team continue to raise the bar.”

About Pacific Prime

Founded in 2000, Pacific Prime is an award-winning total corporate solutions provider managing over USD $1 billion in premiums. Pacific Prime delivers comprehensive employee benefits solutions and risk management services alongside international health, life, and travel insurance for individuals and families worldwide. Supported by more than 1,300 staff worldwide, the company operates 16 offices globally, including in Hong Kong, Singapore, China, Thailand, Malaysia, the UAE, Indonesia, the UK, the US, Mexico, the Philippines, Australia, and Japan.

To learn more about Pacific Prime, please visit: https://www.pacificprime.com/corporate

View source version on businesswire.com: https://www.businesswire.com/news/home/20261109777292/en/

Contact

Stephen Ho
Chief Marketing Officer
Pacific Prime
+852 3589 0508

Source : Pacific Prime

MARCO GADOLA JOINS ANGELALIGN AS SENIOR ADVISOR

KUALA LUMPUR, Nov 6 (Bernama) -- Hong Kong-listed clear aligner maker, Angelalign Technology Inc (Angel) has appointed former Chief Executive Officer (CEO) of dental medical device company, Straumann Group, Marco Gadola as Senior Advisor.

In this role, Gadola will advise Angel’s board and senior management on culture, strategy and governance, the company said in a statement.

“We welcome Marco as an advocate for our customers and employees around the world and to help us build an outstanding global organisation with a great culture,” said Angel CEO, Fox Hu.

Meanwhile, Gadola said he has followed the company for 10 years and has seen how the company has evolved, from a regional leader in innovative clinical solutions and high-quality products, to a worldwide organisation with an impressive innovation pipeline, citing his excitement to join Angel.

Founded in 2003 and publicly listed since 2021, Angel provides clear aligner solutions to clinically focused professionals and patients in over 60 countries.

-- BERNAMA

SEENTHIS CONNECTS CLAUDE, CHATGPT TO BUILD VIDEO ADS

KUALA LUMPUR, Nov 6 (Bernama) -- Stockholm-based video advertising company, SeenThis has launched SeenThis Studio MCP, which connects artificial intelligence (AI) tools such as Claude and ChatGPT to SeenThis Studio platform, allowing them to build video ads from a single brief.

“AI is changing how every agency works, and video advertising is next. SeenThis has always built the technology behind the ad, from creation to delivery, and SeenThis Studio MCP puts that technology to work for the AI tools agencies already rely on,” said SeenThis Chief Executive Officer, Jesper Benon.

The tool uses Model Context Protocol (MCP), an open standard for connecting AI tools to other software, and is available in early access to a limited group of agencies and brands, the company said in a statement.

Teams share a brief with the AI tool they already use, which then builds and animates editable video ads in the required formats, creates versions for different markets, languages and offers, and shares previews for client approval.

“Your AI tool knows your brand. Our engine knows how an ad has to work. The more SeenThis Studio can do, the more your AI tool can do,” said SeenThis Chief Product and Technology Officer, Mark Pasternak.

SeenThis said early tests showed production time cut by more than 90 per cent, with complex video ads that would normally take most of a working day ready in under an hour.

Approved ads can be sent directly from SeenThis Studio to the DV360 advertising platform and to social media platforms such as Meta and TikTok.

-- BERNAMA

DENODO NAMED GARTNER LEADER IN DATA INTEGRATION TOOLS FOR SEVENTH STRAIGHT YEAR

KUALA LUMPUR, Nov 5 (Bernama) -- Data management company, Denodo has been named a Leader in research firm Gartner’s Magic Quadrant for Data Integration Tools for the seventh consecutive year.

The 2026 report, published on Nov 2, analysed 19 vendors. Denodo said it believes the recognition reflects the strength of its support for agentic artificial intelligence (AI) and the loyalty of its customers.

“We are extremely proud that Gartner has once again recognised Denodo as a Leader in the Magic Quadrant for Data Integration Tools, as Gartner has done for the previous six years,” said Denodo Senior Vice President and Chief Marketing Officer Ravi Shankar.

In a statement, he said data integration was increasingly driven by the needs of AI agents, which require data that is integrated, governed and supported by business context.

Gartner said in the report that by 2028, 60 per cent of data integration tasks will be completed autonomously, freeing up 20 per cent of data engineers’ time.

Since last year’s report, Denodo has released two updates to its platform. Denodo Platform 9.4, released in March, enables AI systems and users to access live data within governance boundaries, while version 9.5, released in July, adds features to support AI agents.

The Denodo Platform has an average rating of 4.6 out of 5 from 337 user ratings on the Gartner Peer Insights platform, as of November 2026.

-- BERNAMA

UNIVAR SOLUTIONS BUYS LAVO BULK ASSETS TO EXPAND IN CANADA

KUALA LUMPUR, Nov 4 (Bernama) -- Univar Solutions LLC (Univar Solutions), a speciality ingredients and chemicals distributor, has completed the acquisition of certain assets of KIK Consumer Products’ Lavo Bulk (Lavo Bulk) business in Canada, strengthening its presence in Eastern Canada.

The deal expands the complementary chemical solutions and capabilities Univar Solutions can offer customers in the region. Lavo Bulk’s leadership and dedicated sales team have joined the company.

“The addition of Lavo Bulk is a strong strategic fit with our business and our commitment to growing with key customers and critical suppliers in Canada.

“We look forward to building on their established expertise, relationships and capabilities while continuing to deliver the safe, reliable service our customers expect,” said Univar Solutions Chief Executive Officer of Chemical Distribution and Services, Bob Craycraft in a statement.

Meanwhile, Univar Solutions Senior Regional Vice President of Chemical Distribution and Services for Canada and EMEA, Chris Halberg said the company’s immediate focus was on a smooth transition and maintaining service levels for customers.

He said Univar Solutions saw opportunities to deepen its relationships with customers and suppliers across the region.

-- BERNAMA

SGCA Honours Communication Excellence Across Asia, Europe and the Arab World

^{SGCA honours communication excellence across Asia, Europe and the Arab world (Photo: AETOSWire)} 


SHARJAH, United Arab Emirates, Nov 4 (Bernama-BUSINESS WIRE) -- His Highness Sheikh Dr Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the Sharjah Media Council, honoured winners of the 13th Sharjah Government Communication Award (SGCA), organised by the Sharjah Government Media Bureau (SGMB).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261103972039/en/ 

Winners represented China, India, Thailand, Ukraine and the Arab world. Some 433 entries from 31 countries across four continents passed initial screening. The award covered 23 categories across five sectors, including six partner awards.

His Excellency Tariq Saeed Allay, Director General of SGMB, highlighted the award’s growth under the vision of His Highness Sheikh Dr Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, noting that it had attracted more than 9,500 entries over five years. He also emphasised the role of international partnerships in advancing communication practices and creating a meaningful impact on individuals, institutions and communities.

International and Partner Awards

The Partner Awards recognised China's Macao University of Science and Technology for Excellence in Digital Community Engagement; India's Haqdarshak Empowerment Solutions for Best AI-Powered Communication for Social Impact; Thailand's Thai Health Promotion Foundation for Best Communication Practices Dealing with Development Advances; and Ukraine's Kyiv Digital for Innovative and Resilient Government Communication Initiatives.

The UAE's Zoud initiative won Best Public–Private Partnership in Communication, while Brigadier General Staff Pilot AbdulNasir Al Humaidi, spokesperson for the UAE Ministry of Defence, received Outstanding Leadership in Government and Strategic Communication.

Government and Institutional Excellence

Among government winners, Sharjah Youth received Best Campaigns Positively Impacting Youth Awareness and Practices; the Abu Dhabi Department of Community Development, Best Communication Programme Supporting Emerging Projects and Youth; Sharjah Police, Outstanding Communication Award for a Higher Quality of life; the UAE Ministry of Finance, Best Innovation in Integrated Communications; and the National Emergency Crisis and Disaster Management Authority, Best Crisis Communication Strategy.

Best Media and Communication Content went to the UAE Ministry of Economy and Tourism and Egypt Oil & Gas in the government and organisations and private-sector divisions, respectively. Best Innovative Communication Initiative for Community Empowerment went to Dubai's Community Development Authority and the United Nations High Commissioner for Refugees in the same respective divisions.

The UAE Ministry of Culture and Kalimat Foundation won Best Creative Communication Targeting Children and Adolescents’ in the government and organisations and private-sector divisions, respectively. The UAE Government Media Office received Best Campaign Promoting Emirati Identity; House of Wisdom, Best Campaign Promoting Cultural Identity and the Arabic Language; and the Ministry of Climate Change and Environment, Best Use of Artificial Intelligence in Government and Institutional Communication.

Individual Awards and Innovation Challenges

Egypt's Basmat Nour Association won Best Youth Initiative in Communication, while Lt. Colonel Salem Mohammed bin Ali of Dubai's General Directorate of Identity and Foreigners Affairs received Best Official Spokesperson. Dr Himanshu Grover, Dr Neeharika Kushwaha, Dr Nahla Shireen and Dr Varkki Pallathucheril won Best Research in Communication Sciences.

Best Changemakers in Digital Content went to the UAE's Youssef Karam (under 18) and Morocco's Meryem Derni in the over-18 division. Khalifa University's Sanad project won the University Challenge, while Shaheen secured the AI Skills Challenge.

Jury Awards and Special Honours

The Mohamed bin Zayed Foundation for Humanity received Global Impact through Soft Power; Abdulrahman bin Mohammed Al Owais, Minister of Federal National Council Affairs, Best Arab Personality with Positive Social Impact. The UAE Ministry of Defence received a special honour, accepted by Undersecretary Lieutenant General Staff Ibrahim Nasser Al Alawi.

Source: AETOSWire

View source version on businesswire.com:
https://www.businesswire.com/news/home/20261103972039/en/

Contact

Hussain AlMulla
Hussain.AlMulla@SGMB.ae

Source : Sharjah Government Media Bureau