DALIAN, China, June 23, 2026 /PRNewswire/ -- From June 23 to 25, Dalian will host the 17th Annual Meeting of the New Champions, organized by the World Economic Forum, marking the ninth time the city has welcomed the event, often referred to as "Summer Davos." More than 1,700 participants from over 90 countries and regions are expected to attend, making this year's gathering the largest in its history. Under the theme "Innovation at Scale," discussions will focus on how technological innovation can support new growth models and economic resilience amid a rapidly changing global landscape.
The event comes as Dalian continues its transition from a traditional industrial center into a growing hub for science, technology, and advanced manufacturing. At Yinggeshi Science City, researchers are working in fields ranging from catalysis to high-performance bearings, while companies in the Dalian High-Tech Zone are seeking to commercialize research through new industrial applications. These efforts span sectors including hydrogen technologies, industrial software, and advanced manufacturing.
Dalian's development is also closely linked to broader discussions about industrial modernization and the global energy transition. As one of China's major petrochemical centers, the city is investing in the upgrading of its energy and chemical industries through digitalization, efficiency improvements, and lower-carbon technologies. Research institutions such as the Dalian Institute of Chemical Physics are contributing to work in areas including catalytic energy conversion and advanced chemical materials, supporting the city's efforts to diversify and modernize its industrial base.
Preparations for the international gathering have included upgrades to transportation, communications infrastructure, and conference services. As a national low-carbon pilot city, Dalian will deploy a fleet largely composed of new energy vehicles for conference transportation. Venue connectivity has also been enhanced through technologies such as 5G-A networks.
Beyond the conference program, participants will have the opportunity to experience the city's coastal environment and cultural activities. Seasonal events including the Cherry Festival and Beach Festival, along with Dalian's waterfront districts and public spaces, offer visitors a broader perspective on one of northeastern China's largest cities.
As global leaders, business executives, entrepreneurs, and researchers gather in Dalian, the city once again serves as a platform for discussions on innovation, industrial transformation, and international cooperation. Against a backdrop of economic uncertainty and technological change, the meeting aims to explore how innovation can contribute to sustainable growth and shared development.
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Dalian Hosts Ninth Summer Davos Meeting as City Advances Innovation and Industrial Transformation
Dalian Hosts Ninth Summer Davos Meeting as City Advances Innovation and Industrial Transformation
DUBAI, UAE, June 24, 2026 /PRNewswire/ -- Mantle, the premier distribution layer connecting traditional finance and on-chain liquidity, today announced the listing of USPXx, xStocks' tokenized representation of Franklin Templeton's Franklin U.S. Equity Index ETF (USPX), now available for 24/7 on-chain trading and liquidity provision via Fluxion, Mantle's native decentralized exchange.
With $1.98 billion in assets under management, USPX tracks the top 85% of the US equity market by market capitalisation, one of traditional finance's most widely held passive equity vehicles. Its arrival on Mantle opens continuous, around-the-clock access to that exposure, without market hours constraints or intermediaries.
Expanding the Distribution Layer for Tokenized Capital Markets
As one of the first Ethereum Layer 2 networks to bring a tokenized ETF from one of the world's largest asset managers on-chain, Mantle's distribution layer now extends beyond individual equities to broad-market index products. USPXx joins a growing lineup of xStocks tokenized equities on Mantle, including the recent listing of SPCXx, xStocks' tokenized SpaceX equity which went live on Mantle on the same day as the SpaceX IPO.
For investors already allocated to USPX through conventional brokerage accounts and for a global audience without access to US markets, USPXx on Mantle removes the constraints of traditional market infrastructure entirely. Via Fluxion, USPXx is tradeable and available for liquidity provision at any hour, without intermediaries, settlement delays, or geographic restrictions. Underpinning this is xChange, xStocks' Atomic RFQ, which ensures every transaction is executed at institutional precision regardless of when or where a user trades.
Institutional-Grade Execution via Atomic RFQ and AMM on Fluxion
USPXx is natively minted on Mantle through xStocks and trades exclusively on Fluxion, powered by xChange, xStock's Atomic RFQ system. Where conventional on-chain trading relies on automated market makers that introduce slippage and pricing deviations, xChange sources every transaction directly from the issuer at live market quotes, enabling users to transact at the real price, not one approximated through a liquidity pool all around the clock.
This sets the standard for institutions as this translates to execution precision that meets the requirements of meaningful capital deployment at scale. While for retail investors, it means access to broad US equity market exposure at fair, verifiable prices, at any hour, globally. Fluxion is the only decentralised exchange on Mantle listing USPXx at launch.
"Franklin Templeton's USPX represents the mainstream of global equity investing, the kind of exposure that anchors institutional and retail portfolios alike," said Emily Bao, Key Advisor at Mantle. "Every listing like this closes the distance between where the capital sits today and where it can move tomorrow."
About Mantle
Mantle positions itself as the premier distribution layer and gateway for institutions and TradFi to connect with on-chain liquidity and access real-world assets, powering how real-world finance flows. With over $4B+ in community-owned assets, Mantle combines credibility, liquidity, and scalability with institutional-grade infrastructure to support large-scale adoption. The ecosystem is anchored by $MNT within Bybit, and built out through core ecosystem projects like mETH, fBTC, MI4 and more. This is complemented by Mantle's partnerships with leading issuers and protocols such as Ethena USDe, Ondo USDY, and OP-Succinct.
For more information, visit mantle.xyz.
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For media enquiries, please contact: contact@mantle.xyz
About xStocks
xStocks is the industry benchmark for tokenized equities, bringing publicly listed U.S. stocks and ETFs on-chain through fully collateralized, 1:1-backed tokens. Powered by Payward's digital asset infrastructure, xStocks places traditional equities on blockchain infrastructure, expanding access to U.S. capital markets with extended availability, global reach, and seamless digital-native settlement.
Designed for interoperability, xStocks move seamlessly between centralized exchanges, self-custodied wallets, and on-chain applications, unlocking new utility across trading, collateralization, and decentralized finance. Since launching in June 2025, xStocks is powering billions of dollars in transaction volume across multiple blockchain ecosystems and anchors a rapidly expanding global network shaping the future of tokenized markets.
For more information, visit https://xstocks.fi.
For Media Contact: Lauren Post press@kraken.com
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Mantle Becomes One of the First Ethereum L2s to Bring Franklin Templeton's USPX ETF On-Chain with xStocks
