SINGAPORE, Sept. 18, 2026 /PRNewswire/ — Synology today launched ActiveProtect Manager 2.0 (APM 2.0), the latest software update for its ActiveProtect data protection appliances. This release introduces expanded platform coverage, cross-platform recovery, and enhanced security, with future updates bringing AI-driven threat mitigation.

“Managing fragmented backup infrastructure drives up costs and slows recovery. The ActiveProtect appliance unites purpose-built storage with powerful data management software into a single, predictable investment,” said Jia-Yu Liu, Executive Vice President of the Synology Data Protection Group. “APM 2.0 builds on that value, enabling organizations to safeguard their entire hybrid infrastructure through one centralized, scalable solution.”

Expanded platform coverage
APM 2.0 extends protection to Amazon EC2, Azure VM, Proxmox VE, Nutanix AHV, and Google Workspace. Cross-platform recovery allows workloads to be backed up and restored across different environments, supporting both disaster recovery and seamless workload migration.

Backup destinations have also expanded. ActiveProtect Vault now supports a wider range of Synology NAS models, while Azure Blob Storage joins the list of supported copy and tiering targets. Backups stored in Amazon S3 Storage or Azure Blob Storage can be restored directly into either Amazon EC2 and Azure VM as a cloud disaster recovery strategy without routing through on-premises hardware, significantly reducing recovery times.

AI-driven proactive resiliency
ActiveProtect Manager 2.0 adds software-based storage encryption at the volume level to secure data at rest. Backup data and system configurations remain inaccessible in the event of drive theft or hardware loss.

The upcoming APM 2.1 update will add AI/ML anomaly detection, tracking each backup version for shifts in change rate, file modifications, mass deletions, and entropy. Suspicious backup copies will be moved to quarantine for administrators to investigate, limiting the risk of backup contamination. The model learns from those outcomes to improve accuracy and reduce false positives.

APM 2.1 will also scan backups for malware before restoration, using integrated third-party antivirus software such as Microsoft Defender, Bitdefender, and ESET. If malware is detected in the most recent backup, Auto Fallback restores the latest clean version instead.

Availability
ActiveProtect Manager 2.0 is available for all DP-Series appliances at no additional cost. For details, please refer to the product page.

About Synology
Founded in Taiwan in 2000, Synology is a technology company specializing in network-attached storage (NAS), data backup and recovery, video surveillance, and networking solutions for businesses and individuals worldwide. Over the past two decades, Synology has continuously expanded its ecosystem to help users manage, protect, and unlock the value of data more effectively in the era of cloud, AI, and big data.

Synology’s core philosophy is to build a comprehensive hybrid-cloud ecosystem that enables businesses to protect, synchronize, and manage data through a centralized, intuitive, and easy-to-operate platform. From enterprise storage, data backup, file sharing, and collaboration to video surveillance and network infrastructure, Synology’s solutions are designed to simplify IT management and accelerate digital transformation.

Alongside ongoing technology innovation, Synology also focuses strongly on long-term stability, security, and scalability for data infrastructure. More than half of Fortune 500 companies use Synology solutions, reflecting the brand’s credibility and ability to support large-scale data operations worldwide.

Website: https://www.synology.com/en-sg

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SOURCE Synology

SINGAPORE, Sept. 18, 2026 /PRNewswire/ —  A report from Ringiertrade.

The recently concluded Medical Fair Asia 2026, Southeast Asia’s Leading International Healthcare Trade Fair for the medical and healthcare sectors, provided opportunities for leading companies to unveil their products and services for this dynamic regional market. Held from 9-11 September in Singapore, Medical Fair Asia featured equipment and supplies for the pharmaceutical, medical and rehabilitation sectors and brought together healthcare professionals, medical device manufacturers, suppliers and industry leaders from around the world. 

ROSTI Group, represented by Rosti Asia Integrated Solutions Pte Ltd, demonstrated its extensive experience in medical device and healthcare product manufacturing at the exhibition. Highlighted at the exhibition was ROSTI’s capabilities ranging from precision injection moulding, cleanroom manufacturing, product assembly and integrated manufacturing solutions.

At the ROSTI booth, Melvin Tan, Vice President-Sales Asia, discussed how ROSTI has been supporting customers in the region in developing and producing healthcare products that meet the most stringent standards in this industry.

Innovations for Southeast Asia’s fast-growing medical sector

As a highly dynamic region, Southeast Asia is experiencing significant growth in medical and pharmaceutical products manufacturing, driven by rising consumer purchasing power, advances in production technologies and favourable government incentives.

ROSTI’s medical solutions presented at the Medical Fair Asia are based on four pillars: customer centricity, global footprint, operational excellence, and willingness to invest. As Melvin Tan puts it: “As far as customer centricity is concerned, we focus primarily on ensuring that we participate actively in our customer’s product development – from concept to reality. For medical product design, ROSTI provides case design, prototyping, 3D printing and also some of the samples that we can turn around within 72 hours.”  He also stressed how ROSTI supports its customers in process technology since the medical industry has stringent process control and standards. ROSTI’s strong capabilities in plastic injection moulding and the application of sustainable materials are advantages that would benefit customers in their medical manufacturing requirements, according to Melvin.

Countries in the region are adopting more stringent standards for medical and pharmaceutical products that compliance must be part of the game plan of manufacturers. As Melvin explained, ROSTI has an ISO Class 8 cleanrooms to make sure that ROSTI is able to manufacture the products designed or built for its customers. “In every innovation that we bring to our customer’s device, the whole process has been well documented – starting from the design, material control, traceability and actual production. It is very important to make sure that when we design and launch a product for our customers, our sites understand what is expected out of this product and then we are ready to go. These are all part of ROSTI’s innovations.”

Navigating today’s demand markets for medical devices

Today’s medical device requirements are evolving with faster turnaround time being demanded from manufacturers. In this aspect, ROSTI has successfully navigated market changes through its research and development strategy that enables it to evolve quickly and abide by the regulations. “Because regulation is getting tighter, we need to strike a balance on market changes plus regulation. As I mentioned, the concept  to reality is not just a slogan but making sure that we are able to control everything in-house – from the design to tooling and moulding up to the rest of the process. This helps us navigate in this market because we understand the customer’s requirement while making sure that we are in compliance with the regulations.”

ROSTI employs a technical team composed of experienced professionals in polymer engineering. Hence, different types of materials are studied, while sustainability is also taken as a critical aspect. Also, given the material of choice, the ROSTI team ensures that it will be able to work with tooling, mold and all other aspects of production to meet the customer’s requirement. 

Across Asia, ROSTI has been offering a full concept of value chain, according to Melvin. This covers not only designing the product and production process but the whole value chain where ROSTI works in partnership with the customer and understands the whole supply chain management required to successfully produce the medical device. 

“Supply chain resilience is very important right now – world-class manufacturing and logistics – and ROSTI is trying to manage not just concept of value, but the whole product lifecycle management, making sure that products are delivered on time,” according to Melvin.   

Currently, ROSTI operates customer care centres in all its Asian sites – China, Malaysia, India and Singapore – providing customers with faster and more efficient response. “ROSTI has its presence in different sites in Asia and one of them is in Suzhou, China where ROSTI has its largest site in Asia. This site has evolved to become an important medical manufacturing hub housing ROSTI’s innovation centre, and it actually performs full contract manufacturing. Our Malaysia and India site achieved high level of manufacturing expertise to work with customers in this region,” Melvin added.  

When asked about the sustainability target, Melvin explained that sustainability has been built into ROSTI’s design and manufacturing process. The company has been able to reduce its greenhouse gas emissions by 44% since 2023 with the goal of making significant progress toward cutting those emissions by half in 2030.

For ROSTI, market challenges are opportunities to further enhance its innovative spirit. In Southeast Asia and globally, customers confidence can be achieved through a strong partnership founded on providing reliable, highly efficient design and manufacturing services aligned with the dynamic medical and pharmaceutical industry. 

About Rosti Group

Founded in 1944 with headquarters in Malmö, Sweden, the Group has 2,700 existing employees across thirteen facilities in the United States, Europe, and Asia. A global plastics injection moulding company and contract manufacturer to some of the world’s leading manufacturers in the packaging, consumer appliances, business machines, and medical sectors, Rosti is dedicated to providing leading-edge solutions “From concept to reality” to help customers create better components, processes and solutions. Rosti is owned by the family-controlled investment company Nordstjernan. Please visit: http://www.rosti.com

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SOURCE Ringertrade

SINGAPORE, Sept. 18, 2026 /PRNewswire/ — dtcpay, a Major Payment Institution headquartered in Singapore, today announced the completion of its US$25 million Series A funding round. The round was led by Vertex Ventures Southeast Asia & India in April 2026. It is now further anchored by Japan’s leading financial conglomerate, SBI Group, which is investing both through its subsidiary, SBI Ventures Asset Pte Ltd, and through the SBI-NTU-Kyobo Digital Innovation Fund. The round also drew participation from Genedant Capital and existing investor, Mr. Kwee Liong Tek, a prominent Singaporean business leader.

The investment reflects institutional confidence in dtcpay‘s vision of making stablecoins as seamless and accessible as traditional financial services.

Modern Payment Rails for a Digital Economy

Founded by Alice Liu and Band Zhao, dtcpay bridges digital assets with traditional finance through infrastructure that enables businesses and individuals to accept, store, and transact in stablecoins. Its real-time swap engine delivers seamless settlement across stablecoin and fiat currencies, eliminating the operational friction that has slowed mainstream adoption of digital assets. Where traditional cross-border transfers via SWIFT and correspondent banking networks are often slowed by multi-day settlement cycles and layered intermediary fees, dtcpay settles transactions seamlessly, at a fraction of the cost.

dtcpay’s growth has been marked by a series of early moves in the stablecoin payments space. The company launched a Digital Payment Token (DPT) point-of-sale acceptance solution enabling merchants to accept stablecoin payments directly in-store. It also was an early player in Asia to integrate with WalletConnect, extending stablecoin acceptance across more than 700 wallets used by millions of consumers globally. On the consumer side, its partnership with Visa introduced an early stablecoin-to-fiat Visa Infinite card for its customers in the region. The dtcpay Visa card now enables multi-currency spend across both fiat and stablecoins at more than 150 million merchant locations worldwide.

Beyond product innovation, dtcpay was also quick to bring stablecoins to real-world commerce use cases, partnering with BNB Chain to accelerate practical stablecoin adoption and enabling Metro to become the first department store in Singapore to accept stablecoin payments, alongside select hospitality partners such as Capella Singapore.

This additional fundraise enables dtcpay to maintain its pace of execution, scaling its product suite and merchant network while extending its lead in stablecoin payments. It continues to invest in its product roadmap through the remaining half of 2026, including a revamped business portal for enterprise clients and a series of new consumer-friendly features rolled out within the dtcpay app.

As a MAS-licensed Major Payment Institution in Singapore, and one of the select few digital payment companies to hold an Electronic Money Institution license in Luxembourg, dtcpay has built a regulatory foundation required to operate across Singapore, Europe, and other strategically important markets. This regulatory-first approach also underpins the reliability of dtcpay’s infrastructure, enabling institutional clients to transact with the assurance of a fully licensed financial institution.

dtcpay’s execution and regulatory leadership has drawn industry recognition, including Disruptor of the Year and Fintech of the Year at the 2025 Asia Fintech Awards, and Fintech Mentor of the Year for Alice Liu at the SFF FinTech Excellence Awards in 2025. Collectively, these achievements highlight dtcpay’s ability to execute at the intersection of innovation, regulation, and commercial adoption.

Strategic Capital to Fuel Global Expansion

The completion of the Series A brings together a diverse group of investors whose collective expertise spans traditional finance, fintech infrastructure, and global market expansion. Beyond capital, these investors contribute strategic network and domain expertise that will help support the company’s next phase of growth.

Vertex Ventures Southeast Asia & India, part of Vertex Holdings, a wholly owned subsidiary of Temasek Holdings, led the initial tranche of the round. In addition to capital, Vertex brings extensive experience scaling technology companies, providing valuable strategic guidance rooted in deep Southeast Asian market expertise.

SBI Group adds a compelling financial service and fintech pedigree to the shareholder base. As one of Japan’s largest financial services groups, SBI operates across banking, securities, insurance, asset management, and digital assets. It has also been among the most active institutional investors in fintech and digital asset infrastructure globally.

Completing the investor group is Genedant Capital, a Singapore-based fund management firm licensed by the Monetary Authority of Singapore with over USD 2 billion in assets under management and advisory, and existing investor, Mr. Kwee Liong Tek. Genedant Capital brings in a network of family offices, private wealth investors and institutional relationships across Asia, strengthening access to strategic capital as dtcpay scales internationally. Mr. Kwee continues to increase his commitment, reflecting his long-term conviction in the company’s vision of bringing regulated digital payment infrastructure to global markets.

“We did not raise this round to sustain what we have built. We raised it to fundamentally change how money moves across borders. SBI Group has spent decades shaping financial infrastructure across Japan and beyond, from banking and securities to blockchain and digital assets, and their conviction in dtcpay is validation that compliant, real-world stablecoin payments are not a distant vision but an infrastructure being built right now. Combined with the enduring trust of Mr. Kwee and the support of Genedant Capital, we have the capital, the network, and the momentum to move into every market that is ready for this change. And we are just getting started.” said Alice Liu, Founder and CEO of dtcpay.

“The next chapter for dtcpay is about scale. We are strengthening our infrastructure, deepening partnerships with global financial institutions, and expanding into new regulated markets to make stablecoin payments as seamless and trusted as traditional payment rails. With the backing of our investors, we are accelerating our mission to build the financial infrastructure that enables businesses and consumers to move value globally, instantly, and compliantly,” said Band Zhao, Group Chairman of dtcpay.

“dtcpay has made decisive progress in establishing itself as the region’s leading regulated payment infrastructure that bridges traditional payments and stablecoins. Beyond execution, we were impressed by its licensing-led foundation, strong user experience, and comprehensive product offerings for financial institutions, corporates, and individuals. For SBI Group, which is steadily expanding its business footprint across Singapore and Southeast Asia, this investment marks the beginning of a strategic partnership with dtcpay. It also reflects our broader view to expand the global corridor for digital asset origination between Japan and Southeast Asia through trusted, regulated digital financial infrastructure,” commented Eiichiro So, CEO of SBI Ven Capital.

“dtcpay is building the regulated infrastructure that will bring stablecoin payments into everyday commerce.” said Quek How Jiang, CEO of Genedant Capital. “Beyond capital, we look forward to leveraging our network of strategic investors, industry leaders and institutional relationships to support the company’s commercial expansion and international growth.”

About dtcpay

dtcpay is a Singapore-headquartered payment services company building a globally licensed payment network that delivers seamless settlement, competitive pricing, and innovative payment solutions — Tomorrow’s Payments, Today. Licensed by the Monetary Authority of Singapore and holding an Electronic Money Institution licence in Luxembourg, dtcpay is authorised to deliver regulated payment services across the European Economic Area. The company also holds licences and registrations in Hong Kong, Australia, the United States, and Canada, bridging digital assets with traditional finance for businesses and individuals across its licensed jurisdictions.

To learn more, please visit https://dtcpay.com/.

About SBI Group

Founded in 1999, the SBI Group is a comprehensive financial services group and a pioneer of internet-based financial services in Japan, operating across securities, banking and insurance. Beyond these, the Group is also active in asset management, private equity, crypto-assets, and next-generation businesses on a global scale.

Its MAS-regulated Singapore subsidiary, SBI Ven Capital, manages the SBI-NTU-Kyobo Digital Innovation Fund, launched in 2022 to invest in early-stage digital transformation and digital platform companies across Southeast Asia. The fund was established by the SBI Group with NTUitive (a subsidiary of Nanyang Technological University), and Kyobo Securities (a subsidiary of the Kyobo Life Insurance Group), drawing on the partners’ combined business expertise and ecosystems to back the region’s next generation of globally competitive companies.

To learn more, please visit: https://www.sbivencapital.com.sg

About Genedant Capital

Genedant Capital is a Singapore-based fund management firm licensed by the Monetary Authority of Singapore. The firm partners with accredited investors, including family offices and private wealth individuals, through a multi-strategy platform spanning private equity, venture capital, public markets, and bespoke investment solutions.

With over USD 2 billion in assets under management and advisory, Genedant Capital combines disciplined investment research, institutional risk management, and deep sector expertise across areas including deep tech, healthcare, biotechnology, artificial intelligence, and digital infrastructure. The firm seeks to deliver long-term, risk-adjusted returns while supporting high-quality managers and companies with strong growth potential across global markets.

To learn more, please visit https://genedant.com/.

Media Contact: dtcpay marketing team, [email protected]

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SOURCE dtcpay

Highest Asian ranking to-date underscores growing employer recognition and academic strength

SMU Master of Science in Applied Finance also ranks 3rd in Asia

SINGAPORE, Sept. 18, 2026 /PRNewswire/ — Singapore Management University’s (SMU) Master of Business Administration (MBA) has reached a new high in the 2027 QS Global MBA Rankings, rising to 3rd in Asia, its highest regional position to date, and ranking 41st globally.

The result marks the third consecutive year that the SMU MBA has risen in Asia, climbing from 6th in 2024 to 5th in 2025, 4th in 2026 and now 3rd in 2027. It is the second highest ranked MBA programme in Singapore and remains within the top 10 per cent of more than 400 MBA programmes assessed worldwide. The strong showing is underpinned by gains in employer recognition and graduate employment, alongside a 4th-place ranking in Asia for Thought Leadership, highlighting the combination of strong career outcomes and academic excellence that defines the SMU MBA experience.

SMU Master of Science in Applied Finance also ranks 3rd in Asia

SMU’s strong performance also extends to the 2027 QS Master’s in Finance Rankings, where its Master of Science in Applied Finance (MAF) ranks 3rd in Asia and 39th globally. It remains the only finance master’s programme in Singapore included in the rankings, as the field expanded significantly from 248 programmes last year to 319 this year.

Academic strength with impact

Thought Leadership was another area of strength, with both programmes ranking among the world’s Top 40, with the MBA at 33rd and the MAF at 19th. These results underscore SMU’s Lee Kong Chian School of Business (LKCSB)’s growing standing as a source of influential research and ideas that contribute to business and management thinking.

Almost all teaching faculty at SMU’s LKCSB hold doctorates, bringing deep academic expertise and research insights into the classroom. The growing influence of their research is also reflected in this year’s rankings, with research impact improving for both the MBA and MAF. Students across the MBA and MAF learn from well-qualified faculty in their areas of expertise, giving them access to current thinking and research that can be applied to real-world business challenges.

Professor Shantanu Bhattacharya, Deputy Dean (Education) at SMU’s Lee Kong Chian School of Business, said: “Our MBA and MAF both ranking 3rd in Asia is a strong affirmation of the quality of an SMU business education and the progress we have made over several years. This recognition reflects the calibre of our faculty, the relevance and impact of their research, and the value employers place on our graduates. We are particularly encouraged by the growing recognition from employers, which speaks to the capabilities and perspectives our graduates bring to the workplace. In the latest graduate employment survey, 86% and 78% of our MBA and MAF postgraduate students secured employment within six months of graduation respectively. Our focus remains on delivering an education that equips our students to advance their careers, seize new opportunities and lead with confidence in a dynamic and rapidly evolving Asia.”

Both the MBA and the MAF are offered by the University’s Lee Kong Chian School of Business (LKCSB).

The 2027 QS Global MBA and Master’s in Finance rankings assessed more than 400 MBA programmes and 319 Master’s in Finance programmes globally, respectively. Both rankings draw on extensive feedback from employers and academics worldwide and assess programmes across five areas: Employability, Alumni Outcomes, Thought Leadership, Value for Money and Diversity.

About Singapore Management University (SMU)

Established in 2000, Singapore Management University (SMU) is recognised for its high-impact, multi-disciplinary research that addresses Asian issues of global relevance, and for its interactive, collaborative and project-based approach to learning. Home to over 13,000 students across six schools and two colleges, SMU offers bachelors, masters and PhD programmes across Accountancy, Business, Economics, Information Systems, Integrative Studies, Law and Social Sciences, as well as executive development and continuing education programmes. SMU graduates are consistently ranked among the most employable in Singapore, and command one of the highest mean starting salaries. Through its city campus, SMU enjoys strategic linkages with business, government and the wider community in Singapore and beyond. www.smu.edu.sg

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SOURCE Singapore Management University

Four times a year, the new signature event brings affordable luxury, beauty, fashion and spirits to travelers at special duty-free prices.

SEOUL, South Korea, Sept. 18, 2026 /PRNewswire/ — Shinsegae Duty Free is launching ‘Shin Duty Free Sale,’ a new signature shopping event designed to give travelers four opportunities each year to discover exceptional duty-free deals on luxury, beauty, fashion, spirits and more.

Held around Korea’s major holidays and extended travel periods, Shin Duty Free Sale brings together customer-favorite brands, best-selling products and exclusive offerings available only at Shinsegae Duty Free. The event will become a recurring quarterly promotion, giving both domestic and international travelers a new reason to shop with Shinsegae throughout the year.

The inaugural Shin Duty Free Sale runs September 17 through October 11, both online and at Shinsegae Duty Free’s Myeongdong store, timed to Korea’s extended Chuseok holiday period and the consecutive public holidays of National Foundation Day and Hangeul Day.

The name ‘Shin Duty Free Sale’ uses ‘Shin,’ a friendly shortened reference to Shinsegae Duty Free, to create a more approachable and memorable name for the company’s flagship promotional event.

Affordable Luxury Takes Center Stage

The inaugural event centers on “Affordable Luxury,” offering a curated selection of luxury brands and best sellers at attractive duty-free prices. The promotion spans fashion and accessories, leather goods, cosmetics and fragrance, spirits and other popular categories.

Online, a total of 3,800 products from 277 brands will be available at discounts of up to 70%.

Among these, approximately 2,200 highly sought-after cosmetics and fragrance products from 173 customer-favorite brands will be offered at discounts of up to 60% off.

Participating brands include major international beauty brands include names such as YSL Beauty, Lancôme, Kiehl’s, Prada Beauty (Fragrance), and Swiss Just, alongside THOME, a highly popular beauty device brand.

• Yunjac: up to 40% off
• VIDIVICI: up to 49% off
• Swiss Perfection: up to 30% off
• AMUSE: up to 48% off
• DEWARSOME: up to 49% off

In addition, Shinsegae Duty Free’s exclusive brands will also offer major savings:

•  The A Effect: up to 50% off
•  Sunshuruup: up to 50% off

Beyond cosmetics and fragrances, the online sale showcases approximately 1,300 highly preferred products from 83 brands across fashion, accessories, and leather goods. To further elevate the shopping experience, a selection of 160-plus exclusive products and specialized promotional items from Shinsegae Duty Free’s sole brands will be featured, adding a distinct and differentiated value.

At Shinsegae Duty Free’s Myeongdong flagship, shoppers can explore approximately 290 products from 85 premium brands—including Sulwhasoo, The History of Whoo, Anua, and Biotherm—all at discounts of up to 40%.

To keep the selection fresh throughout the 25-day event, Shinsegae Duty Free is tailoring product assortments to each sales channel based on customer preferences and will rotate featured products and benefits during the promotion.

Special Experiences for Travelers

The inaugural Shin Duty Free Sale will also feature a series of themed promotions that go beyond traditional price discounts.

Through “Captain Ttager PICK,” a spirits-focused campaign created in collaboration with Captain Ttager, one of South Korea’s leading travel content creators with more than 770,000 YouTube subscribers, shoppers can discover special offers on popular spirits including Glenfiddich and The Balvenie.

The “Amore Beauty Shinsegae” Brand Week, presented in partnership with Amorepacific, will showcase best-selling products from leading brands including Sulwhasoo, HERA and AESTURA, along with Shinsegae Duty Free-exclusive sets and special purchase benefits.

Two Waves of Offers During Korea’s Golden Holiday Season

The inaugural Shin Duty Free Sale will be divided into two promotional waves to coincide with travelers’ holiday schedules.

• Wave 1: September 17–30
• Wave 2: October 1–11

Featured products and benefits will change between the two waves, giving travelers additional opportunities to discover different products and offers depending on when they travel.

“Shin Duty Free Sale brings together the products our customers love—from luxury and beauty to fashion and spirits—along with exclusive experiences and offers that can only be found at Shinsegae Duty Free,” said a Shinsegae Duty Free representative. “We plan to make Shin Duty Free Sale a signature shopping event, returning four times a year around Korea’s major holidays and peak travel periods.”

The first Shin Duty Free Sale runs September 17 through October 11, 2026, online and at Shinsegae Duty Free Myeongdong.

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SOURCE Shinsegae Duty Free

New Glassnode x Bybit research highlights structural shift toward options, with Bybit leading tracked Ether options for 143 consecutive days and tokenized gold perpetuals for 476 days

DUBAI, UAE, Sept. 18, 2026 /PRNewswire/ — Crypto derivatives markets are becoming more sophisticated as options take on a larger role in how traders manage and price risk, according to a new report from digital assets data provider Glassnode, produced in partnership with Bybit.

The State of Crypto Derivatives identifies a structural shift in the crypto-native Bitcoin derivatives market, with options increasing their share of notional open interest from roughly 25% to nearly 50% over the period studied. At the same time, dated futures have increasingly given way to perpetuals, reshaping how market participants gain and manage exposure.

The report draws on Glassnode’s venue-resolved derivatives and market data across the crypto-native market, individual venues and Bybit’s own derivatives book.

“Ether makes up about a third of Bybit’s Options Volume over the past 90 days, the highest Ether share of the four venues in the panel. The Ether options market has found a second venue of size,” said Frederik Theissen, Head of Research at Glassnode.

Options become a core part of crypto derivatives

Options have gained market share across four of the five market regimes examined since 2019, with their fastest growth occurring during the prolonged bear market.

The trend is significant because it suggests the growth of options is not simply a product of rising prices or speculative activity. Instead, market participants increasingly appear to be using options to manage downside, express views on volatility, and price specific market events.

Meanwhile, dated futures have increasingly given way to perpetual contracts, reinforcing the broader evolution of crypto derivatives toward instruments that offer more flexible and continuous exposure.

“Dated futures have all but left the crypto-native market: their volume sits about 97% below where it was in 2021. Leverage moved into perpetuals and risk pricing moved into options, whose volume runs more than three times higher than it did then,” added Frederik.

Bybit’s Bitcoin options share nearly triples

As the options market has expanded, Bybit has significantly increased its share of trading activity.

Glassnode’s data shows that Bybit’s share of the four-venue Bitcoin options volume pool rose from less than 10% to 28%, nearly tripling over the reporting period.

The growth has been driven by active turnover rather than simply the accumulation of open positions. Bybit’s options book turns over in days, compared with weeks for the largest book in the tracked panel.

This distinction highlights an important feature of a mature derivatives market: liquidity is not only about the amount of open interest held on a venue, but also how actively that liquidity is traded and recycled.

Bybit leads Ether options and tokenized gold

Bybit’s options activity extends beyond Bitcoin. The report finds that Bybit recorded the highest Ether options trading volume among the four tracked venues for 143 consecutive days. Glassnode confirmed the leadership using coin-denominated volumes as well as dollar values, reducing the impact of Ether price movements on the comparison.

Ether now accounts for approximately one-third of Bybit’s total options volume.

Bybit has also established a leading position in tokenized commodity derivatives. Measured in ounces, its tokenized-gold perpetual book has remained the largest among the crypto venues tracked by Glassnode for 476 consecutive days.

In gold options, Bybit accounted for 97.1% of open interest across the tracked venues.

Together, the figures point to a derivatives platform with growing depth across crypto-native assets and tokenized commodities, as traders increasingly use a broader range of instruments to manage risk and express market views.

Bybit’s options book grows more than fourfold

Bybit’s own options market has expanded substantially alongside the wider market.

According to the report, Bybit’s options book reached $2.33 billion, up from $529 million during its first month.

The growth has not been linear. Options initially represented a smaller share of Bybit’s derivatives activity during the rapid expansion of perpetual contracts, before rebuilding as demand for more sophisticated risk-management instruments increased.

The resulting U-shaped pattern broadly mirrors the wider market’s rotation back toward options.

“The derivatives market is becoming more sophisticated. Traders are increasingly using options not simply to take directional positions, but to express views on volatility, manage downside, and price specific events,” said Sean Ballard, Head of Derivatives and Institutional Business at Bybit.  “The data shows this is becoming a structural part of the market, and Bybit is building the liquidity, breadth, and infrastructure needed for the next stage of growth.”

“Bybit is leading the way in market evolution by aligning options with where price discovery and volume really live. By introducing options on perpetual contracts, we are bringing an industry-first innovation to the market, and we believe this should be a game changer for the growth and development of market structure,” added Sean.

Building the next generation of derivatives markets

The findings highlight a broader evolution in crypto trading. As options become a larger part of the market, competitive differentiation will increasingly depend on liquidity, breadth of instruments, and the infrastructure required to serve both professional and individual traders.

Bybit’s growing options market reflects this convergence, with expanding activity across Bitcoin and Ether and established depth in tokenized-gold derivatives.

Methodology: The State of Crypto Derivatives is based on Glassnode’s venue-resolved derivatives and market data, current as of the settled close of August 23, 2026. Venue coverage varies by metric and reflects the venues tracked by Glassnode. The options analysis covers four crypto-native venues. The futures analysis covers the offshore venues tracked by Glassnode and excludes CME, and the tokenized-gold analysis covers the crypto venues tracked by Glassnode.

The full report is available here.

#Bybit  / #NewFinancialPlatform

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected]

For updates, please follow: Bybit’s Communities and Social Media

Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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SOURCE Bybit

This integration connects Relativity aiR directly to ChatGPT Enterprise and enables users to stand up workspaces, organize case data and manage legal operations

CHICAGO, Sept. 18, 2026 /PRNewswire/ — Relativity, a legal data intelligence company, today announced that it has deepened its work with OpenAI by integrating Relativity aiR, its extensible AI platform for legal work, with ChatGPT Enterprise. Through the Model Context Protocol (MCP), legal teams can now use natural language in ChatGPT Enterprise to stand up new matters, align workspaces to the structure of their data, and manage access and workflows in Relativity aiR.

“ChatGPT Enterprise has quickly become one of the most common places professionals go to manage their work, and legal teams are no exception,” said Chris Brown, President of Relativity. “In connecting Relativity aiR with ChatGPT Enterprise, legal professionals can take action within the tools they already use, while maintaining the security and permissions of their existing workflows and keeping Relativity’s substantive data analysis within the platform.”

This integration further extends the capabilities of Relativity aiR and its broader partner ecosystem. The integration bridges Relativity aiR to a tool many legal teams already leverage, letting administrators work seamlessly without switching between systems. The result is a conversational agentic execution layer on top of Relativity aiR, empowering teams with a faster way to run enterprise workflows without trading off security.

As AI capabilities evolve rapidly, Relativity’s MCP strategy is designed to keep pace: connecting its platform to the AI applications legal teams already use, so they can adopt new tools as they emerge while defensibility remains anchored in Relativity aiR.

Relativity began working with OpenAI in 2024, when ChatGPT Enterprise became a data source in Collect. This enabled legal teams to seamlessly collect activity logs and conversation content for easy review in a near-native format.

To learn more about activating the OpenAI connector in Relativity aiR, visit https://relativity.com/platform/mcp/ or chat with the Relativity team at RelFest Chicago taking place Sept. 29–Oct. 1.

About Relativity
Relativity is a leading legal data intelligence company that builds technology to help users organize data, discover the truth, and act on it. Its AI platform, Relativity aiR, transforms complex data into actionable insights at massive scale for litigation, investigations, regulatory inquiries, data breach responses, and other legal use cases. The world’s largest law firms and corporations, government agencies, and a robust network of channel partners rely on Relativity’s legal AI to securely surface and manage the most relevant and impactful information in their matters. The company also expands access to technology by providing its platform at no cost to academic institutions through its Relativity Academic program and to organizations supporting pro bono legal work through its Justice for Change initiative. 

CONTACT: [email protected] 

SOURCE Relativity

PARIS, Sept. 18, 2026 /PRNewswire/ — 

• H1 2026 delivered a robust revenue growth of +7.4% and an adjusted EBIT margin of 18.8% at CERS:

○  Revenue growth is coming from both segments : companion animal +10.0% and farm animal +6.7% with a strong contribution from our Supercharge platforms (excl. Thyronorm) which increased by around +12% at CERS
○  Solid volume/mix effect of ~+5.4%, completed by price increase of ~+2%
○  Operating margin increased by 0.5ppt compared to H1 2025 driven by a favorable mix effect on the gross margin partially offset by higher operating expenses due to H1/H2 phasing effects.

• Consolidated net income increased by +5.9% to €87.1 million
• Net Debt as of June 2026 up to €196 million compared to €173m as of December 2025 mainly driven by usual working capital requirement seasonality

2026 guidance confirmed at the upper end of the range: the strong performance achieved in the first half of the year positions us to target the upper end of our initial revenue growth range (5.5% to 7.5% at CERS) and an adjusted recurring operating income margin of around 17% at CERS

Paul Martingell, Chief Executive Officer statement

“Virbac delivered a strong first half, marked by +7.4% organic growth and an 18.8% operating margin, demonstrating our teams’ ability to turn our commitment to animal health into tangible value. This performance reflects the scaling power of our ‘Supercharge’ platforms and the seamless integration of Thyronorm. Guided by our ‘Growing Together’ 2030 strategy, we are fully on track to achieve our full-year guidance.”

To be noted: EBIT Adjusted (before amortizations) corresponds to “recurring operating income before amortization of assets arising from acquisitions”.

Media Contact: [email protected]

SOURCE Virbac