HONG KONG SAR - Media OutReach Newswire - 5 July 2024 - Today, IX Asia Indexes announced the 1^st Half 2024 Review of the IX Digital Asset Industry Classification System ("DAICS^®"), aiming to provide the professionals worldwide with a transparent and standardized classification scheme to determine sector and exposure of particular digital assets. DAICS^® classifies digital assets into 2 main categories: a) Cryptocurrencies and b) Asset Backed Tokens and a 3-tier system for each category. For Cryptocurrencies: 1-Industry/ 2-Sector/ 3-Sub-sector; for Asset Backed Tokens: 1-Asset Type/ 2-Branch/ 3-Sub-branch (Appendix 1). The results are as follows: a) Cryptocurrenciesi) Structure and definitions Tier 1: Industry Changes The industry groups remain unchanged with 5 industries. 1) Payment (110), 2) Infrastructure (120), 3) Financial services (130), 4) Tech & Data (140) and 5) Media & Entertainment (150). Tier 2: Sector Changes The number of sectors remain unchanged with 16 sectors. There is modification in Sector name under Media & Entertainment (150)/ Social Media & Community Sector. The definition of Social Community sector remains unchanged. Modification in sector name.Before Social Media (15010) After Social Media & Community (15010) ii) Classification Changes VeChain (VET) Before Industry: Tech & Data (140) Sector: Storage & Sharing (14010) After Industry: Infrastructure (120) Sector: Application Development Protocol & Smart Contract (12010) iii) Green coins label There are 9 Greens coins in this review:

​	Infrastructure (120)​	Media & Entertainment (150)​
EnergyEfficientConsensusMechanism​(PoS,PoH,PoA,DAG,Hashgraph)​	1. ETHG​ 2. ATOMG(New)​ 3. NEARG​4. DOTG (New)​ 5. ADAG​6. HBARG​	1. IMXG
Renewable EnergyUse​	1. SOLG (New)​ 2. VETG(New)​	NIL​

iv) Coverage of DAICS^® DAICS^® coin coverage: top 50 coins by market capitalization DAICS^®market capitalization coverage: 87.493%* The % coverage of market capitalization of the 50th ranked coin: 0.092% Member changes within the TOP 50 coins in DAICS^® : 6 coins in and 7 coins out (For more details about the industry weighting and the 6 changes, please see Appendix 4). *As of 22^nd May 2024, based on past 90 days market capitalization ranking including all coins* (exclude stable coins and pure DAO governance tokens) Note:G as 'Green' labelling for cryptocurrencies that adhere to the principles of sustainability * * (For details on Industry & Sector definitions under DAICS^®, please refer to Appendix 2 & 3) b) Asset Backed Tokens (ABT)i) Structure and definitionsTier 1: Asset Types Changes The asset types remain unchanged at 6 1) Culture (205), 2) Real Estate (215), 3) Financials (235), 4) Entertainment (255), 5) Natural Resources (265), and 6) Green Economy (275). Tier 2: Branch Changes The branches remain unchanged at 31. (For details on Asset types and Branches, please refer to Appendix 3). ii) Classification Changes Nil iii) Coverage of DAICS^® IX Asia Indexes has not started to classify any ABT. ABTs will be added to DAICS^® in the next stage when a fair amount of popular asset-backed tokens are available in the market. A new ABT registry will be made available to the public. Although there has been an increase in the number of ABTs, ABTs only comprised 0.106% of the total market capitalization of digital assets. A classification summary and definition table are available at Appendix 5 & 6. For further information regarding the methodology of the DAICS^®, please refer to the "IX Digital Asset Industry Classification System"- principle and guiding methodology on the company website https://ix-index.com/daics.html. All classification changes including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index will take effect on 19^th July, 2024. For more details on our DAICS^® qualification criteria, please email daics@ix-index.com. For a full version of the appendixes 1-3, please refer to ix-index official website.Appendix 4In and out in DAICS^®Top 50 cryptosSector Weighting of the Classification System**...