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DUBAI, UAE, April 23, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, presented its vision of digital asset's infusion of mainstream finance at the Hong Kong Web3 Festival on April 21, 2026. In its fourth year, the premier crypto event in Asia offered a platform for discussions on regulatory frameworks, technological infrastructure, and the practical pathways through which digital assets are reshaping mainstream financial services globally.
Mykolas Majauskas, Global Head of Policy at Bybit, joined Franklin Bi, General Partner, at Pantera Capital, and Steve Zeng, Managing Director at Futu for a panel titled "From Backend to Frontend: How Crypto Assets Are Making Their Way into Mainstream Finance." The trio explored crypto's transition from the peripheral to the core of mainstream finance.
Mykolas Majauskas brought a global perspective to the discussion, drawing on his experience in regulatory engagement and policy architecture across different markets.
"Crypto's transformation from a speculative asset class to financial infrastructure is happening now," said Majauskas. "Many leading institutions and authorities already acknowledged that the time for experimentation is over. This is going live," he said, highlighting the example of growing importance of tokenisation of capital markets.
The panel's discussion underscores a critical inflection point for institutional adoption of crypto infrastructure as a canonical settlement rails globally. In the 45-minute discussion, the panelists dove deep into critical dimensions of crypto's mainstreaming: the technology layer enabling tokenization at scale, the distribution layer where exchanges like Bybit plays a role in reshaping the front-end experience, and policymakers' response to crypto's accelerating adoption.
Authorized under the Markets in Crypto-Assets Regulation (MiCAR) in Austria, Bybit EU has directly benefited from regulatory clarity and contributed to the development of crypto's real-world utility. As blockchain technology and the crypto ecosystem continue to evolve, Bybit remains committed to bridging crypto-native markets with traditional financial markets through policy engagement, regulatory alignment, and its institutional-grade infrastructure.
#Bybit / #CryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
DUBAI, UAE, April 23, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, presented its vision of digital asset's infusion of mainstream finance at the Hong Kong Web3 Festival on April 21, 2026. In its fourth year, the premier crypto event in Asia offered a platform for discussions on regulatory frameworks, technological infrastructure, and the practical pathways through which digital assets are reshaping mainstream financial services globally.
Mykolas Majauskas, Global Head of Policy at Bybit, joined Franklin Bi, General Partner, at Pantera Capital, and Steve Zeng, Managing Director at Futu for a panel titled "From Backend to Frontend: How Crypto Assets Are Making Their Way into Mainstream Finance." The trio explored crypto's transition from the peripheral to the core of mainstream finance.
Mykolas Majauskas brought a global perspective to the discussion, drawing on his experience in regulatory engagement and policy architecture across different markets.
"Crypto's transformation from a speculative asset class to financial infrastructure is happening now," said Majauskas. "Many leading institutions and authorities already acknowledged that the time for experimentation is over. This is going live," he said, highlighting the example of growing importance of tokenisation of capital markets.
The panel's discussion underscores a critical inflection point for institutional adoption of crypto infrastructure as a canonical settlement rails globally. In the 45-minute discussion, the panelists dove deep into critical dimensions of crypto's mainstreaming: the technology layer enabling tokenization at scale, the distribution layer where exchanges like Bybit plays a role in reshaping the front-end experience, and policymakers' response to crypto's accelerating adoption.
Authorized under the Markets in Crypto-Assets Regulation (MiCAR) in Austria, Bybit EU has directly benefited from regulatory clarity and contributed to the development of crypto's real-world utility. As blockchain technology and the crypto ecosystem continue to evolve, Bybit remains committed to bridging crypto-native markets with traditional financial markets through policy engagement, regulatory alignment, and its institutional-grade infrastructure.
#Bybit / #CryptoArk / #IMakeIt
About Bybit
Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Bybit Advances Vision for Crypto's Integration into Mainstream Finance at Hong Kong Web3 Festival
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Arasan announces the immediate availability of its UFS 5.0 Host Controller IP. The UFS 5.0 Host IP is already in use by Tester Companies for compliance and production testing.
SAN JOSE, Calif., April 23, 2026 /PRNewswire/ -- Arasan extends its long history of support for JEDEC and MIPI standards with the immediate availability of UFS 5.0 Host controller IP. Arasan's UFS 5.0 Host Controller IP supports a maximum throughput of 46.694 Gbps with M-PHY HS-Gear 6 operation, providing very high data transfer rates with low power consumption for advanced mobile applications such as high end smartphone and edge AI devices.
Arasan joined the UFS Association in 2010 and was the industry's first provider of a Total UFS IP solutions along with the M-PHY IP in 2011. Arasan's UFS IP has been licensed by major memory vendors and semiconductor companies since 2011. Our UFS IP is the de facto standard IP used in UFS production testers and UFS compliance testers.
Universal Flash Storage (UFS) is a JEDEC standard for high performance mobile storage devices suitable for next generation data storage. UFS is also adopted by Mobile Industry Processor Interface (MIPI) as a data transfer standard designed for mobile systems. UFS incorporates the MIPI UniPro standard as well as the MIPI Alliance M-PHY standard. Arasan has been an executive member of the MIPI Association since 2005 and provides the broadest portfolio of MIPI IP, including UNIPRO IP and M-PHY IP.
"We are proud to extend our leadership in UFS with the announcement of our UFS 5.0 Host IP. This IP addresses the need for higher speeds in mobile applications that require a high throughput with low power consumption and low pin count. We look forward to our compliant UFS 5.0 IP proven in production testers and emulation platforms accelerating UFS 5.0 adoption in ASIC's" said Prakash Kamath, CTO at Arasan.
Arasan's UFS 5.0 Host IP joins our complete portfolio of solid state memory IP solutions including xSPI IP and PSRAM IP for the NOR Flash, eMMC controller for low throughput NAND Flash applications and NAND Flash Controller IP with seamlessly integrated PHY IP. The PHY IP are available in nodes down to 4nm on major foundries. Arasan UFS 5.0 Host IP is available for immediate licensing along with the M-PHY DFE (Digital Front End) and UFS 5.0 Software Stack. Arasan UFS 5.0 Host IP is available for use on FPGA and ASIC applications. Please contact sales@arasan.com
For more information please visit https://www.arasan.com/products/UFS/
About Arasan: Arasan Chip Systems is a leading provider of IP for mobile storage and mobile connectivity interfaces, with over a billion chips shipped with our IP. Our high-quality, silicon-proven Total IP Solutions encompass digital IP, Analog Mixed Signal PHY IP, Verification IP, HDK, and Software. With a strong focus on mobile SoCs, we have been at the forefront of the Mobile evolution since the mid-90s, supporting various mobile devices, including smartphones, automobiles, drones, and IoT devices, with our standards-based IP.
Arasan announces the immediate availability of its UFS 5.0 Host Controller IP. The UFS 5.0 Host IP is already in use by Tester Companies for compliance and production testing.
SAN JOSE, Calif., April 23, 2026 /PRNewswire/ -- Arasan extends its long history of support for JEDEC and MIPI standards with the immediate availability of UFS 5.0 Host controller IP. Arasan's UFS 5.0 Host Controller IP supports a maximum throughput of 46.694 Gbps with M-PHY HS-Gear 6 operation, providing very high data transfer rates with low power consumption for advanced mobile applications such as high end smartphone and edge AI devices.
Arasan joined the UFS Association in 2010 and was the industry's first provider of a Total UFS IP solutions along with the M-PHY IP in 2011. Arasan's UFS IP has been licensed by major memory vendors and semiconductor companies since 2011. Our UFS IP is the de facto standard IP used in UFS production testers and UFS compliance testers.
Universal Flash Storage (UFS) is a JEDEC standard for high performance mobile storage devices suitable for next generation data storage. UFS is also adopted by Mobile Industry Processor Interface (MIPI) as a data transfer standard designed for mobile systems. UFS incorporates the MIPI UniPro standard as well as the MIPI Alliance M-PHY standard. Arasan has been an executive member of the MIPI Association since 2005 and provides the broadest portfolio of MIPI IP, including UNIPRO IP and M-PHY IP.
"We are proud to extend our leadership in UFS with the announcement of our UFS 5.0 Host IP. This IP addresses the need for higher speeds in mobile applications that require a high throughput with low power consumption and low pin count. We look forward to our compliant UFS 5.0 IP proven in production testers and emulation platforms accelerating UFS 5.0 adoption in ASIC's" said Prakash Kamath, CTO at Arasan.
Arasan's UFS 5.0 Host IP joins our complete portfolio of solid state memory IP solutions including xSPI IP and PSRAM IP for the NOR Flash, eMMC controller for low throughput NAND Flash applications and NAND Flash Controller IP with seamlessly integrated PHY IP. The PHY IP are available in nodes down to 4nm on major foundries. Arasan UFS 5.0 Host IP is available for immediate licensing along with the M-PHY DFE (Digital Front End) and UFS 5.0 Software Stack. Arasan UFS 5.0 Host IP is available for use on FPGA and ASIC applications. Please contact sales@arasan.com
For more information please visit https://www.arasan.com/products/UFS/
About Arasan: Arasan Chip Systems is a leading provider of IP for mobile storage and mobile connectivity interfaces, with over a billion chips shipped with our IP. Our high-quality, silicon-proven Total IP Solutions encompass digital IP, Analog Mixed Signal PHY IP, Verification IP, HDK, and Software. With a strong focus on mobile SoCs, we have been at the forefront of the Mobile evolution since the mid-90s, supporting various mobile devices, including smartphones, automobiles, drones, and IoT devices, with our standards-based IP.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
Arasan Announces immediate availability of its UFS 5.0 Host controller IP
