Globe Newswire

Beijing/Hong Kong, Aug. 06, 2025 (GLOBE NEWSWIRE) — KUKE Music (NYSE: KUKE), a world-leading classical music content service provider, today announced a strategic collaboration with Naxos Music Group, the world’s largest independent classical music group. With a catalog of over 3 million audio tracks spanning more than 100 countries and regions, Naxos is the undisputed global leader in classical music. Under this partnership, Naxos will leverage its unparalleled content resources and service infrastructure to support KUKE Music’s exploration of artificial intelligence (AI) innovations, blockchain and RWA (Real World Assets) in classical music. The collaboration centers on building a blockchain- and AI-powered “Music LEGO Engine” designed to fundamentally revolutionize the creation, rights verification, application, and value circulation of musical content. Within the compliance framework, tokenizing the company’s music copyright assets as RWA.

Building the “Music LEGO Engine”: Modular Copyright Drives Tech Revolution

The core initiative—dubbed the “Music LEGO Engine”—will deeply structure and modularize KUKE Music and Naxos’ vast, authoritative global classical music catalog. Copyright elements (e.g., melody fragments, harmonic structures, orchestration combinations, performance styles) will be deconstructed into standardized, independently identifiable, licensable, and combinable “modules,” akin to LEGO bricks. This innovative framework will serve as critical infrastructure for future AI training and copyright monetization:

Validating Core Capabilities: The project will test KUKE Music’s ability to integrate structured copyright data and complex technical collaboration, laying groundwork for future tech-driven products.

Redefining Internal Synergy: It will establish a new paradigm for efficient collaboration between musicians and AI teams, bridging content-technology gaps and fueling organizational innovation.

Foundational for Future Growth: The Engine will underpin KUKE and Naxos’ upcoming AI-powered music creation/analysis tools and blockchain-based copyright monetization products (e.g., NFTs, financialized copyright trading), providing scalable content and operational models.

Naxos Music Platform: Blockchain Backbone for the LEGO Engine

The Naxos Music Platform (NMP), the blockchain backbone of this collaboration, will empower the “Music LEGO Engine” with robust rights verification, traceability, and value distribution. Naxos’ global content network and user base will directly serve KUKE Music’s blockchain strategy through the NMP platform:

Rights Verification & Traceability: Each music asset (including “LEGO modules”) receives a unique, immutable NFT-based copyright certificate on-chain, recording creator, licensor, and holder history to enhance enforcement and reduce disputes.

Fair & Sustainable Ecosystem:

Transparency: Smart contracts automate royalty/licensing distribution, replacing opaque legacy systems with auditable on-chain execution.

Fan-Driven Economy: NFT holders (fans/investors) share revenue based on contributions (e.g., plays), fostering a value-aligned community.

Global Payments: Platform tokens enable borderless settlement, eliminating currency barriers.

Sustainable Loop: Integrated tokenomics (payments, profit-sharing, buyback/burn) and NFT mechanisms drive long-term growth.

Building a self-sustaining growth mechanism for long-term development
The financialization interface and global reach of the “Music LEGO Engine”: NMP’s mature NFT royalty-sharing system and transparent on-chain revenue distribution mechanisms provide an ideal testing ground for the licensing, combinatorial valuation, and fractional financial investment of “Music LEGO Modules.” Modular copyrights enable finer-grained, more flexible transactions and value capture on NMP. Crucially, by leveraging Naxos’ extensive network spanning over 100 countries and regions, its massive user base, and its vast copyright catalog (which exclusively supplies core modular materials for the project’s initial phase), KUKE Music’s “LEGO Engine” and blockchain financialization initiatives will gain unprecedented global market access and content support. All global content and services from Naxos will be integrated into and dedicated to serving this innovative project under KUKE Music as a listed company.

Future Roadmap: AI, Blockchain and RWA in Concert

Beyond infrastructure, KUKE and Naxos have defined clear expansion paths through the Music Lego engine and Naxos Music Platform:

1. AI-Driven Creation and Commercialization:
   The modular classical music “Music LEGO Modules” will serve as premium training data for professional AI models, enabling practical applications such as AI-assisted composition, intelligent orchestration, and stylized music generation. Simultaneously, the Naxos Music Platform (NMP) will facilitate on-chain rights verification and automated royalty distribution for AI-generated works.
2. Open Creator Ecosystem: NMP will open to independent musicians (especially classical) to upload, modularize, and mint NFT-based works, accessing global markets via the Naxos-KUKE network.
3. Innovative Fan Engagement: Combining the flexibility of the “Lego” module with a global fan base, “Fan blind boxes” (containing rare music snippets/rights) and limited NFT albums will deepen artist-fan connections.
4. Copyright Monetization: Exploring the possibility of tokenizing “LEGO modules” for staking, lending, or portfolio investment will unlock new financial potential and leverage the AI technology for KUKE’s global assets. Within the compliance framework, tokenizing the company’s music copyright assets as RWA.

About KUKE Music (NYSE: KUKE)
KUKE Music is a global leader in classical music licensing and subscription services. With a vast premium catalog, it promotes classical music culture through tech innovation. Its next-gen blockchain streaming platform uses decentralized technology, smart contracts, and NFTs to build a transparent, fair, and sustainable music economy.

About Naxos Music Group
Naxos Music Group is the world’s largest independent classical music label, with over 3 million tracks and operations in 100+ countries.

Forward-Looking Statements
This press release contains forward-looking statements. Actual results may differ materially due to risks and uncertainties.

For further information, please contact.
Kuke Music Holding Limited:
Investor Relations
Email: ir@kuke.com

New York, NY, Aug. 06, 2025 (GLOBE NEWSWIRE) — Cyabra Strategy Ltd.  (“Cyabra”), the AI-powered platform for real-time disinformation detection, today announced the formation of the Cyabra Brand & Entertainment Council, featuring high-profile industry leaders including Jonny Bentwood (President of Data & Analytics at Golin), Mike G (Partner and Talent Agent at United Talent Agency), David Wander (Chief Digital Officer at Roc Nation), and Arthur Stark (former President of Bed Bath & Beyond). This new advisory panel unites experts from communications, analytics, and the entertainment space, to help Cyabra combat the escalating spread of social media disinformation.

The Council will provide strategic guidance to Cyabra’s team and partners, advising on how to strengthen solutions against such threats. The goal is to keep Cyabra and the wider industry a step ahead of these evolving attacks.

“The threat of digital impersonation and manipulated content has never been more serious for our artists and their fans,” said Mike G, Senior Partner at United Talent Agency. “Protecting artist reputations and maintaining authentic fan connections requires sophisticated detection capabilities and strategic guidance. This Council represents a crucial step forward in safeguarding the integrity of entertainment and ensuring that genuine creative expression isn’t overshadowed by digital deception.”

Launched at a pivotal moment, the Council is working with Cyabra to combat the wave of false narratives, fake accounts, and AI-generated “deepfake” content spreading across social media platforms. When disinformation moves at the speed of social, one deepfake can hurt a career, and one post amplified by fake accounts can cause brand perception to collapse overnight. Cyabra’s tools are designed to protect authenticity in an age where anyone, and anything, can be digitally weaponized.

Cyabra specializes in identifying online disinformation and monitoring emerging threats, enabling brands and public figures to safeguard their reputations. By detecting these malicious activities in real time, Cyabra empowers their customers to act on threats to brand reputation and keep online discourse authentic.

As Cyabra continues to innovate in disinformation defense, the Brand & Entertainment Council will play a long-term role in shaping industry standards for digital trust. Members will collaborate on ethical guidelines for AI, promote awareness, and inform the development of next-generation authenticity tools.

“The industry is witnessing a flood of AI-driven disinformation that can deceive audiences in seconds,” said Dan Brahmy, CEO and Co-founder of Cyabra. “By uniting Cyabra’s cutting-edge technology with industry expertise, we will help develop the standards and tools needed to safeguard authenticity across brands and the entertainment industry.”

Council Member Expertise

The Cyabra Brand & Entertainment Council, led by Cyabra’s CEO, Dan Brahmy, comprises distinguished industry leaders:

• Jonny Bentwood, President of Data & Analytics at Golin (an IPG company), where he leads global communications strategies that transform data into actionable intelligence.
• Mike G, Partner and Talent Agent at United Talent Agency. Representing a diverse roster of multi-genre superstars including Lil Wayne, the Kid LAROI, and Cardi B, he provides frontline perspective on talent protection.
• Arthur Stark, Former President of Bed Bath & Beyond, brings extensive retail and brand management experience to address corporate reputation challenges in digital spaces.
• David Wander, Chief Digital Officer at Roc Nation, brings music, sports, entertainment, industry digital strategy and platform expertise.

The formation of the Council comes at a time when high-profile incidents of digital manipulation continue to proliferate. Recent examples include deepfake videos featuring celebrities like Tom Hanks and Scarlett Johansson appearing in unauthorized content, and AI-generated music tracks that convincingly mimic artists without their consent. Global brands such as Starbucks have recently been targeted by disinformation campaigns involving fake executive announcements, coordinated calls for boycotts, and market manipulation. These tactics have led to real-world consequences such as stock volatility, public backlash, and reputational harm.

Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company.

About Cyabra

Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI solutions protect corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

For more information, visit www.cyabra.com.

Media Contact:

pr@cyabra.com

About Trailblazer

Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

Important Information for Investors and Stockholders

In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.

Trailblazer stockholders are currently able to obtain copies of the preliminary proxy statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

Participants in the Solicitation

Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

No Offer or Solicitation

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

SHANGHAI, Aug. 06, 2025 (GLOBE NEWSWIRE) — On July 25, Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) held the “Transportation and Smart Port Construction” media open day in Changxing, Shanghai, under the theme: “New Technologies, New Products, New Standards, New Achievements.” The event highlighted ZPMC’s innovative and groundbreaking advancements in smart port construction.

During the event, media representatives toured ZPMC Changxing branch’s production command center and No. 0 offshore terminal. They boarded quay cranes to witness precision container handling operations firsthand, experiencing the remarkable stability and performance of ZPMC’s equipment. A live demonstration of the “one-button” remote control for the quay crane showcased how automation is revolutionizing port operations.

In a dedicated media interview session, company executives and technical experts engaged with journalists, offering in-depth insights into ZPMC’s innovation-driven approach to exploring industry frontiers. Topics included the company’s commitment to delivering world-class equipment for global users, contributing Chinese expertise to international standards, and actively addressing opportunities and challenges in the global market.

As the world’s largest manufacturer of port machinery, automated terminal system solutions provider, port machinery equipment transporter, and a leading producer of special engineering vessels and large steel structures, ZPMC continues to lead with innovation. With dozens of world-first achievements, ZPMC has consistently driven industry transformation through its proprietary solutions, products, standards, and brand. By actively participating in the formulation of international standards, ZPMC remains committed to integrating itself into the global innovation network and driving high-quality development of the industry.

Company: Shanghai Zhenhua Heavy Industries (ZPMC)
Website: https://www.zpmc.com/default.aspx
Contact: xueweihui@zpmc.com
Tel: +8618017766623
Email: xueweihui@zpmc.com
City: Shanghai

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d78e36cd-4f67-4d12-9d7f-231bc9bac238

New York, United States, Aug. 04, 2025 (GLOBE NEWSWIRE) — Graphjet Technology (the “Company”) was honoured to receive the visit of management executives of a leading South Korean conglomerate, well-regarded globally in the steel and battery materials industry. The visit served as a meaningful step toward having the Company supply to one of the biggest conglomerates in Korea.

Established in 1968, the Korean group is an emerging leader in the battery materials industry. In 2024, it reported consolidated revenues of KRW 72.688 trillion (equivalent to USD 52.6 billion), operating profits of KRW 2.174 trillion (equivalent to USD 1.6 billion), and net profits of KRW 948 billion (equivalent to USD 683.2 million). The group has diversified into high-growth sectors, including lithium extraction, cathode/anode materials, and carbon-neutral technologies, driven by its strategic roadmap for energy transition and sustainability.

During the visit, the Company updated the Korean group on its latest developments and also discussed the potential supply of the Company’s products to the Korean conglomerate. The discussion was centred around the Company’s graphite material and in green materials, clean energy integration, and next-generation battery development.

Speaking on the occasion, the Company’s Chief Executive Officer, Chris Lai said: “We are pleased to welcome the management executives to our facility. This visit marks an important contact for the Company to the Korean market where some of the largest battery makers and AI chip manufacturers, such as Samsungs reside. This also opens a gateway for our Company to supply to the Asian and North American market.”

About Graphjet Technology Sdn. Bhd.

Graphjet Technology Sdn. Bhd. (Nasdaq: GTI) was founded in 2019 in Malaysia as an innovative graphene and graphite producer. Graphjet Technology has the world’s first patented technology to recycle palm kernel shells generated in the production of palm seed oil to produce single layer graphene and artificial graphite. Graphjet’s sustainable production methods utilizing palm kernel shells, a waste agricultural product that is common in Malaysia, will set a new shift in graphite and graphene supply chain of the world. For more information, please visit https://www.graphjettech.com/.

Cautionary Statement Regarding Forward-Looking Statements

The information in this press release contains certain “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “aim,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) changes in the markets in which Graphjet competes, including with respect to its competitive landscape, technology evolution or regulatory changes; (ii) the risk that Graphjet will need to raise additional capital to execute its business plans, which may not be available on acceptable terms or at all; (iii) Graphjet is beginning the commercialization of its technology and it may not have an accurate estimate of future capital expenditures and future revenue; (iv) statements regarding Graphjet’s industry and market size; (v) financial condition and performance of Graphjet, including the anticipated benefits, the implied enterprise value, the financial condition, liquidity, results of operations, the products, the expected future performance and market opportunities of Graphjet; (vi) Graphjet’s ability to develop and manufacture its graphene and graphite products; and (vii) those factors discussed in our filings with the SEC. You should carefully consider the foregoing factors and the other risks and uncertainties that will be described in the “Risk Factors” section of the documents to be filed by Graphjet from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward- looking statements, and while Graphjet may elect to update these forward-looking statements at some point in the future, they assume no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law. Graphjet does not give any assurance that Graphjet will achieve its expectations.

Graphjet Technology Contacts

Investors
ceo.office@graphjettech.com

Media
ceo.office@graphjettech.com

Wix Checking

Wix Capital

The new financial suite includes Wix Checking and Wix Capital, two new solutions designed to help Wix merchants access their funds immediately, take control of cash flow, and support business growth online and offline

NEW YORK – Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally¹, today announced the launch of Wix Checking² and Wix Capital, a powerful new financial services suite aimed to help users manage cash flow and fund growth. Eligible businesses can efficiently streamline their finances, enabling them to concentrate on growth and innovation.

Wix Checking, powered by Unit’s embedded finance solution, gives users a fully integrated business checking account directly within the Wix platform at no extra cost. It is designed to simplify financial operations by offering a clear, real-time view of cash flow and business performance. Users can instantly access their earnings the moment a sale is completed, track incoming revenue and outgoing expenses side by side, and make faster, more informed decisions. By syncing automatically with Wix Payments, Wix Checking removes the need for external banking tools and manual reconciliations, saving time and reducing errors. To use their funds, merchants can either make purchases with the Wix Visa® business debit card or transfer money to an external bank account for added flexibility. The result is a seamless, all-in-one financial experience that gives business owners greater control, speed, and simplicity in managing their money.

In addition to Wix Checking, Wix has introduced Wix Capital, a Merchant Cash Advance (MCA) service designed to help businesses address cash flow gaps and unlock growth. Many small businesses face challenges when trying to secure funding through traditional banks, often encountering long approval processes or strict requirements. Wix Capital offers a faster, more accessible alternative by allowing users to request a cash advance in exchange for a fixed fee and a percentage of future sales. This provides access to funds that can be used for essential business needs such as inventory, payroll, or operational expenses. Removing barriers to capital and making funding available at the moment it’s needed most is key to helping businesses grow. Built directly into the Wix platform, Wix Capital gives users a simple and flexible way to invest in their business without leaving the tools they already use to run it.

“With Wix Checking and Wix Capital, we’re giving users a complete financial solution built into the platform they already use,” said Amit Sagiv and Volodymyr Tsukur, Co-Heads of Wix Payments. “It’s fast, simple, and designed to help small businesses access their money and fuel growth — all in one place. This is part of our broader commitment to supporting the full journey of business ownership, from managing day-to-day operations to making smarter financial decisions.”

Wix Checking and Wix Capital are available to a select group of U.S.-based users using Wix Payments, with plans to roll out to more users on a gradual basis³. 

About Wix.com Ltd.

Wix is the leading SaaS website builder platform¹ to create, manage and grow a digital presence. Founded  in 2006, Wix is a comprehensive platform providing users – self-creators, agencies, enterprises, and more – with industry-leading performance, security, AI capabilities and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, the platform enables users to take full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, users can seamlessly build a powerful and high-end digital presence for themselves or their clients. 

For more about Wix, please visit our Press Room
Media Relations Contact:  PR@wix.com  

¹ Based on number of active live sites as reported by competitors’ figures, independent third-party data and internal data as of Q1 2025.

² Wix is not a bank. Banking products and services are provided by Lincoln Savings Bank, Member FDIC. The Wix Debit Card is issued by Lincoln Savings Bank pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa debit cards are accepted. Wix is not FDIC insured. FDIC insurance only covers the failure of a covered bank.

³ Certain criteria and qualifications may apply. 

Attachments

• Wix Checking
• Wix Capital

AUCKLAND, New Zealand, Aug. 04, 2025 (GLOBE NEWSWIRE) — The Republic of Nauru has welcomed its first new citizens under the government’s Economic and Climate Resilience Citizenship Program, announced at COP29 late last year.

Nauru, ranked the world’s fifth most vulnerable nation under the United Nations’ Multidimensional Vulnerability Index (MVI) for its heightened exposure to economic and environmental shocks, launched the program as a way for conscientious investors to acquire an additional citizenship while contributing to climate adaptation and sustainable development projects in the South Pacific.

Program CEO Edward Clark revealed the first approved applicant is a German family of four who recently sold their long-standing family business — a well-known, reputable German company — and are currently living in Dubai.

“They were looking for a second citizenship to provide them with a Plan B given the current global political volatility and chose the Nauru Economic & Climate Resilience Citizenship Program because the contribution was going towards tackling the impacts of climate change on the island,” he explained.

Mr Clark, who has an extensive background in international banking, financial crime and compliance, said it took under four months from receiving the application to the granting of citizenship, and that strict due diligence processes were followed.

“This is a fundamental pillar of our program and a safeguard for Nauru’s reputation and security,” he said.

“All applicants undergo checks with international law enforcement agencies and are subject to in-depth background verification. Our entire application process is consistent with international best practices.”

He said only individuals of the highest calibre who can participate in shaping Nauru’s future will be granted citizenship.

“The granting of Nauruan citizenship to this family marks a major milestone for the program and provides even more confidence to those who are currently exploring Nauru citizenship by investment.”

Nauru is embarking on a long-term project that will reform the nation in the face of economic challenges and climate change, which as well as dealing with issues like food and water security, includes the “Higher Ground Initiative” – relocating almost the entire population from the coast to higher ground.

The new citizens from Germany applied through international migration agents Henley & Partners, who in a statement said the company is “incredibly proud to represent the first applicant to be successfully granted citizenship under the Republic of Nauru’s Economic and Climate Resilience Citizenship Program.

“For our firm, this goes beyond mobility; this is about directing capital into a Small Island Developing State, which is facing real climate risk.

“This is a clear example of how investment migration, when properly designed and governed, can channel capital toward economic and climate resilience measures and create a more sustainable future,” the statement concluded.

CONTACT: Media Contact:
barbara@crcpr.com.au