Gate News message, April 23 — Chinese autonomous delivery truck operator Zelos Technology is planning a Hong Kong IPO expected to raise approximately $600 million, according to Bloomberg. The company is in talks with banks; the size and timing of the offering could still change. Founded in 2021, Zelos operates more than 25,000 autonomous vehicles across China and has expanded into Singapore, the United Arab Emirates, and other parts of Southeast Asia and the Middle East. Alibaba's logistics unit Cainiao became a shareholder earlier this year and integrated its unmanned vehicle unit into Zelos through a cash and asset injection in early 2026, expanding the fleet from 2,000 vehicles in 2024 to more than 20,000. Zelos now operates under two brands: its own name for technology products and the licensed "Cainiao Autonomous Vehicle" brand for certain logistics and enterprise customers. The company claims it can reduce last-mile delivery costs by approximately 50% and expects to break even, including R&D expenses, once its fleet reaches about 50,000 vehicles. Management says it expects to deliver more than 1,000 vehicles overseas by the end of 2025.

Gate News message, April 23 — Airwallex, a financial and payments technology company, plans to launch operations in Indonesia and Vietnam this year after acquiring licensed entities in both markets. The company will operate under its own brand and is building local teams, including business

Tether and CEO Giancarlo Devasini own 1.95 million shares (8.2%) in Bitcoin mining finance company Antalpha, which raised $49.3 million in its IPO. Antalpha offers Bitcoin-collateralized lending and has a $1.6 billion loan portfolio.

More Americans now own Bitcoin than gold, highlighting a significant shift in asset preferences as Bitcoin's popularity surges. U.S. entities dominate global Bitcoin holdings, and institutional adoption is accelerating, with major firms entering the market and legislation potentially enhancing Bitcoin's legal status.

Intchains Group reported a cumulative staking of 8,040 ETH, with a strategy that includes the FalconX platform and its own Goldshell Stake. The company is also enhancing operations through AI automation to boost efficiency and decision-making.

The European Commission's proposed Digital Markets Act rules would require Google to share anonymized search data with rivals in the EU. Google opposes this, citing privacy concerns. Competitors like Qwant and Ecosia have launched their own search engine, arguing the proposal does not sufficiently enhance competition. The dispute highlights the critical role of data in AI development.

Gate News message. On April 16, according to Gate market data, as of the time of publication, KT (KingdomX) is trading at $0.00056. Within the past 24 hours, it is up 73.93%, with a high of $0.00063 and a low retracing to $0.00029. Its current market cap is approximately $206k. KingdomX is a medieval metaverse chain game, with the game’s core built around an NFT protocol. In the game, users can collect heroes, complete quests, challenge events, participate in wars, and build their own game kingdom through social interaction and territory development. All of the game’s ecosystem is designed around the GameFi protocol; while improving the game’s playability, it preserves the value of in-game assets, so that any user can earn returns through the game and make Token or receive rewards. Kingdom

A Danish National Bank report shows only 4% of Danes own cryptocurrency, unchanged since 2023 and below other European nations. Most holders invest small amounts, with adoption hindered by cautious banks and risk concerns, mainly among younger, wealthier individuals.

Gate News message: On April 16, according to Gate market data, as of the time of writing, BIO (BIO Protocol) is trading at $0.03789. It is up 91.66% over the past 24 hours, with a high of $0.0395 and a low of $0.01964. The 24-hour trading volume reached $2.1M. Its current market cap is approximately $80.4297 million. BIO is a decentralized science (DeSci) governance and liquidity protocol. It aims to accelerate the development of biotechnology by providing the ability to collectively fund global patients, scientists, and biotechnology professionals, and to establish, own, and manage tokenized biotechnology projects and intellectual property (IP). As a new financial layer in the DeSci space, Bio Protocol is committed to commercializing the best faster

Hyperliquid founder Jeffrey Yan rejected a $1 billion valuation fundraising proposal less than a year after the project launched, believing that outside capital could undermine the project’s neutrality and long-term goals. Even though the team had been covering operations out of their own pockets, Yan still insisted on not taking investment.