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Bitroot brings the Parallel AI Blockchain to TOKEN2049 Singapore. Bitroot, the parallel EVM Layer 1 blockchain built for AI, marked its presence at TOKEN2049 Singapore 2026 with a keynote on the main stage, an exhibition booth at Marina Bay Sands, and two co-hosted side events during TOKEN2049 week. Held on 7 and 8 October, TOKEN2049 Singapore drew more than 25,000 attendees, making it one of the largest gatherings of founders, investors and builders in the global Web3 industry. Main-Stage Keynote: The Parallel AI Blockchain for the Machine Economy On the TOKEN2049 main stage, Juan Ortega, CEO delivered Bitroot's keynote, "The Parallel AI Blockchain for the Machine Economy." The talk set out why AI agents, autonomous applications and machine-to-machine payments need a base layer that can execute transactions in parallel, verify AI workloads onchain and settle at the speed machines operate. "AI agents are becoming economic actors in their own right, and they need infrastructure that keeps up with them," said Juan Ortega, CEO of Bitroot. "TOKEN2049 is where the industry decides what gets built next. Our message this week was simple: the machine economy needs a chain designed for it from day one, and Bitroot is that chain." Exhibition Booth at Marina Bay Sands Across both days of the main event, the Bitroot team met developers, investors, exchanges and ecosystem partners at its booth inside the TOKEN2049 exhibition hall, with live walkthroughs of the Bitroot testnet, its official DEX and bridge, and the developer tools available to teams building AI-native applications. Two Co-Hosted Side Events During TOKEN2049 Week Bitroot extended its presence beyond the main venue by co-hosting two side events with leading industry partners: Web3 x AI In Action (6 October, Tahir Building, Robinson Road): an official TOKEN2049 side event hosted by Microsoft, Injective Foundation and Web3Labs, with Bitroot as co-host. The evening brought together infrastructure builders, AI practitioners, institutional investors and policymakers for a keynote and two panels on where onchain finance and AI meet, from autonomous agents executing onchain to AI-native financial applications and the regulatory frameworks shaping them across Asia. Ultra Connect Singapore (7 October, Marina Bay Sands): a business networking evening co-hosted with Web3Labs as part of the Ultra Web3 Festival, attended by more than 1,000 investors, financial institutions, funds, family offices, founders and corporate decision-makers. "Singapore was a milestone week for Bitroot," said Jerry Yu, Head of Growth at Bitroot, who led the team's TOKEN2049 programme. "Between the main stage, the booth and two side events with partners like Microsoft, Injective and Web3Labs, we put Bitroot in front of the builders and capital that will shape the machine economy. We are already following up on the conversations that started here." Bitroot's TOKEN2049 appearance follows its platinum sponsorship of GWDC 2026 in Seoul the week before, as part of a sustained push into the Asian and global markets in the second half of 2026. About Bitroot Bitroot is a parallel EVM Layer 1 blockchain built for AI and the machine economy. Using Pipeline BFT consensus with BLS signature aggregation, Bitroot is designed for high-throughput parallel execution and fast finality, giving AI agents and AI-native applications a base layer that can keep pace with them. The Bitroot testnet is live with more than 300,000 addresses, an official DEX and bridge, and an ecosystem of more than 90 partners. Media Contact Head of Growth, Bitroot [email protected]

Gulf Labs, part of Thailand's $27 billion GULF group, goes live as an Injective validator. October 08, 2026 10:00 ET | Source: Gulf Labs BANGKOK, Oct. 08, 2026 (GLOBE NEWSWIRE) - The multifaceted collaboration combines network validation, tokenization and stablecoins, national distribution, education, and institutional infrastructure. Gulf Labs, the blockchain and digital-asset investment venture of GULF Holding, is expanding into institutional onchain finance through a new collaboration with Injective. Gulf Labs operates within a broader business ecosystem of Gulf Group, one of Thailand's largest conglomerates with an approximately $27 billion market capitalization and major businesses across energy, telecommunications, digital assets, cloud, and data centers. Gulf Labs is now live as an institutional validator on Injective, giving the collaboration an operational foundation from day one. The broader collaboration contemplates potential tokenization and stablecoin initiatives with Thai institutions, national education channels, and infrastructure access through Gulf Edge. The collaboration brings together the principal components required to develop an institutional onchain market: blockchain infrastructure, access to financial institutions, regulated digital-asset services, consumer distribution, market education, and local computing capacity. Gulf Labs will operate an institutional-grade Injective validator, help secure the network, and participate in protocol governance. Its role as a validator gives GULF Holding direct exposure to the operation and development of the network underpinning the company's wider institutional work. Building from that technical foundation, Gulf Labs will provide access to new relationships for Injective with Thai banks, corporates, issuers, and digital-asset companies evaluating tokenized assets, stablecoin settlement, and other onchain financial products. "Thailand already has the financial institutions, digital-asset market, consumer connectivity, and infrastructure needed to become a major center for onchain finance," said Sireethorn Vorasuthika, Director of Gulf Labs. "What has been missing is a way to bring those capabilities together. Our validator gives Gulf Labs a direct role in the Injective network, while the wider collaboration allows us to work on institutional products, market access, education, and infrastructure as part of the same strategy."Dr. Korn Poosiriwong, Head of AI Business, Gulf Edge and Director of Gulf Labs, added: "This collaboration reflects Gulf Labs' vision to build a strong foundation for Web3 infrastructure. We remain focused on transforming next-generation technologies into practical, large-scale applications." The collaboration will also extend beyond institutional product development. Binance TH is operated by Gulf Binance, a joint venture between Gulf Edge and an affiliate of Binance. The company provides digital-asset exchange and brokerage services under licenses issued by Thailand's Ministry of Finance and supervision by the Thai Securities and Exchange Commission. Collaboration with Binance TH will explore market education, user engagement, and potential opportunities connecting institutional onchain products with Thailand's regulated digital-asset market. Gulf Labs will also connect Injective with Gulf Edge to evaluate data-center capacity, cloud services, AI compute, and other infrastructure requirements. These discussions are intended to give developers and institutions considering deployments in Thailand a direct route to local infrastructure and technical support. GULF Labs' position within the broader Gulf group ecosystem gives the collaboration reach across several of the industries shaping Thailand's digital economy. Gulf Group's businesses include power generation and renewable energy, telecommunications, digital assets, cloud services, and data centers. Through Gulf Labs, those capabilities can be connected with a blockchain network built specifically for financial applications. Injective provides infrastructure for issuing and managing tokenized assets, stablecoins, payments, trading markets, and other financial products. Its native permissions framework allows institutions to define ownership requirements, transfer restrictions, administrative roles, and issuance and redemption controls at the protocol level. The validator establishes technical participation and alignment at the network level. Institutional introductions will allow Injective and Thai market participants to identify tokenization and stablecoin applications tied to real financial activity. The Binance TH channel will support education and distribution, while Gulf Edge will give companies evaluating Thai deployments a route to local data-center, cloud, and AI infrastructure. "Gulf Labs' position within the broader Gulf Group ecosystem provides relevant connections across financial services, regulated digital-assets, national consumer distribution, and physical digital infrastructure into one group," said Injective COO, Mirza Uddin. "Gulf Labs is already operating an Injective validator, so this collaboration begins with live network participation. From that base, we can work with Thai institutions on tokenization and stablecoins, bring education to users across the country, and support companies that want to build and operate in Thailand." This structure allows the companies to work across the full lifecycle of an onchain financial product: from the blockchain on which it is issued, to the institutions that create and use it, the regulated platforms and channels through which it reaches the market, and the infrastructure supporting its operation. The collaboration also expands Injective's institutional activity in Asia. Injective recently inked a deal with POSCO International, South Korea's largest trading company, and LG CNS on a proof of concept involving trade receivables generated through real commercial operations. The pilot was the first of its kind that showcased the issuance, transfer, administration, and settlement of trade receivables on Injective alongside compliance controls and automated document review. About Gulf Labs Gulf Labs invests in, builds, and supports blockchain and digital infrastructure. Part of the Gulf Holding ecosystem, it combines venture investment, research and development, validator operations, and partnerships across the digital asset ecosystem. About Injective Injective is the first blockchain purpose-built for finance, enabling users, institutions, and AI agents to trade, tokenize, and transact at scale. Proudly made in America, Injective provides foundational blockchain infrastructure for global markets, with embedded financial primitives spanning stablecoins, real-world assets, payments, and programmable perpetuals through a unified onchain engine. Injective is used by Fortune 500 companies, banks, fintechs, and governments to power an open economy where any asset can be accessed anytime, from anywhere. Builders can deploy across WASM and EVM, connect to native financial modules, and launch markets with deep liquidity from day one. INJ is the native token powering the Injective ecosystem and the new internet economy. Sarah Cohen SJC PR [email protected]

Injective launches Trench Treasury as Canary files SEC ETF - details. Injective ecosystem saw two major developments; Injective Foundation launched the Trench Treasury while Canary Capital filed with the SEC for Staked INJ ETF. Updated 07:00 EDT October 6, 2026 In a major boost for Injective, Canary Capital filed with the SEC for a staked INJ ETF. The fund seeks to offer exposure to Injective, less the expenses of the trust's operations and other liabilities. Also, the trust aims to earn additional INJ through its active participation in the staking program. The ETF is expected to launch before 2027, according to Injective's CEO, Erick Chen. If approved by the SEC, the ETF positions INJ to greater institutional exposure, especially now that spot ETFs have gained momentum. Injective Foundation launches Trench Treasury. In addition to the upcoming ETF, Injective is seeking to expand its market influence to small builders. The Injective Foundation launched the Trench Treasury to fund projects and communities that help the ecosystem grow. The initiative will help projects with organic growth, fair launches, real liquidity, and rewards for loyal ninjas in the ecosystem. What makes the step unique is that it will help smaller teams build with Injective, not just established projects. The Trench Treasury has two goals. First, to back builders who are genuinely building with INJ. Secondly, to create ways to reward individuals who have contributed to ecosystem growth. Most importantly, the Trench Treasury is not a fund for more projects but a way to encourage builders to build something new. Can these developments help in demand recovery? Incentivized by these two developments, investors have increased capital deployment. On the spot side, for example, Injective's Spot Netflow dropped to -$1.12 million. This marked a reversal from the positive zone recorded the previous day. The same capital flow pattern was observed in perpetuals. Injective's Perpetual Volume rose to $54 million from $53 million the previous day. The rising flows into perps suggested renewed interest in leveraged positions. Historically, recovering demand across the market has also helped pave the way for better chart performance. What's next? Structurally, Injective's momentum is relatively weak. The altcoin has continued to hover between $7.5 and $7.7. Amid this consolidation, the momentum indicators have leaned bearish. The altcoin's Moving Average Convergence Divergence (MACD) has been on a downward trajectory since forming a bearish crossover a week ago. Additionally, Stochastic (Stoch) also formed a bearish crossover, validating the market's weakness. These two indicators suggest that downside pressure is strong and the trend is likely to continue. Thus, if the momentum continues, Injective could breach $7.5 and revisit $7.1. However, if the Staked ETF and Trench Treasury incentivize buyers to return, thereby sustaining demand, they could clear the $7.7 resistance and move above $8. Final summary. * Injective Foundation launched the Trench Treasury to help projects with organic growth, fair launches, real liquidity, and rewards for loyal ninjas in the ecosystem. * Canary Capital filed with the SEC for a staked INJ ETF, which is likely to launch before 2027.