Spirit Airlines Gains Key Creditor Support for $500M Bailout Deal 
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
U.S. Budget Airlines Seek $2.5 Billion Government Aid Amid Rising Jet Fuel Costs 
U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases 
DeepSeek Slashes AI Model Pricing to Boost Adoption and Challenge Global Rivals 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Nippon Express Stock Jumps as Elliott Investment Signals Strong Foreign Interest in Japan Logistics Sector 
Sun Pharma to Acquire Organon in $11.75 Billion Deal to Boost Global Women’s Health Portfolio 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
U.S. Demand for Alternative Satellite Providers Remains Strong Amid SpaceX Regulatory Push 
Micro Systemation Reports Q1 Loss Amid Strategic Investments and Revenue Growth 
Eco DeFi, which started its beta service on October 18, 2021, announced that it had secured an investment from AssemBlock by being recognized for its high level of service readiness.
Eco DeFi is a DeFi platform that will offer conventional DeFi service and new DeFi products related to carbon neutrality. In the General Market of Eco DeFi, anyone can make deposits and take loans with their crypto assets. In the Eco Market, one can have a chance to invest in the real economy of the renewable energy industry. It will also offer a market specialized in NFTs.
Kenny Han, CEO of Eco DeFi, stated, "We understand we are not fully ready yet. And we are grateful for the investment. We started the beta service on Oct 18 and will open the official full launch after we complete the development of Eco Market and Eco NFT Market. We also released our smart contracts on Github last September. Our codes will be audited by Certik, one of the best security auditing companies, as well. We look forward to expanding our business."
Eva. Yoon, CEO of AssemBlock said, " In addition to the high degree of completion of Eco DeFi project, we made the investment decision by highly evaluating the expectations for the project combined with the environment differentiated from other existing DeFi services and the value it can create. We are sure it can contribute to making the global climate and environment better. We will continue to monitor and work with them closely."
Eco DeFi (www.ecodefi.net) has opened the beta service. It will open other services shortly. It will prepare stable operations and thorough security measures for this project. In addition, Eco DeFi will do its best to find companies to generate profits for investors and improve the environment.
This article does not necessarily reflect the opinions of the editors or the management of EconoTimes
