Telin (Telekomunikasi Indonesia International Pte Ltd) has selected Nokia's optical transport solution to interconnect data centers across Singapore, marking a significant upgrade to the city-state's digital infrastructure. The deployment will enable Telin to provide island-wide connectivity with dedicated high-speed interconnections designed to offer the lowest-latency services in Singapore. This strategic partnership aims to modernize Telin's network and expand services to meet increasing bandwidth demands from major tech companies and hyperscalers.

The enhanced infrastructure leverages Nokia's latest generation of pluggable coherent optical technology, including the industry-leading 1830 GX compact modular platform and open optical line system. According to Telin CEO Indarto Nata, the upgraded network will provide highly efficient and scalable connectivity for Telin's footprint across Singapore while reducing total cost of ownership. The collaboration reflects Telin's commitment to delivering cutting-edge connectivity solutions that connect Singapore with the global community through strategic partnerships with technology leaders.

Ron Johnson, Senior Vice President and General Manager of Optical Networks at Nokia, emphasized Singapore's role as a global business hub and the importance of maintaining this position as digital needs evolve. The new data center interconnect network is designed to strengthen Singapore's digital foundation and prepare it for continued growth, particularly in the AI era. The deployment will provide scalable connectivity capabilities that can seamlessly expand to meet future customer demands.

The partnership represents Nokia's continued expansion in the Asia-Pacific telecommunications market and demonstrates the growing importance of robust data center infrastructure in supporting digital economies. While specific financial terms were not disclosed, the agreement positions both companies to capitalize on Singapore's strategic location as a connectivity hub for Southeast Asia. The enhanced network capabilities are expected to support Singapore's position as a leading digital economy in the region.

Swedish digital asset manager Virtune has launched what it claims is Europe's most cost-efficient Sui exchange-traded product (ETP) on Euronext Paris, marking another step in the company's expansion across European markets. The Virtune Sui ETP, with the ticker VRTU, provides investors with exposure to the Sui cryptocurrency through a regulated, physically backed investment vehicle. This launch comes as Virtune continues to build its position as one of the leading issuers of regulated crypto ETPs in Europe.

The new ETP features an industry-leading 0.95% annual management fee, making it the most cost-efficient Sui ETP available to European investors. Virtune plans to further expand the product's distribution by listing it on local German exchanges, including gettex and Tradegate, to improve accessibility for German investors. The company has established itself as a trusted provider in the digital asset space, serving over 150,000 investors since its launch just over two years ago.

Security and regulatory compliance remain central to Virtune's approach, with Coinbase serving as the crypto custodian for all of the company's ETPs. The underlying crypto assets are held in cold storage, providing institutional-grade security for investors. This infrastructure supports Virtune's commitment to offering European investors secure, transparent, and regulated access to digital asset markets through traditional investment channels.

Christopher Kock, CEO of Virtune, emphasized the company's mission to make innovative digital assets more accessible to investors. "We are excited to launch the most cost-efficient Sui ETP in Europe, reinforcing our mission to make innovative digital assets more accessible to investors," Kock stated. The launch strengthens Virtune's position as it manages more than $475 million in assets across its product offerings, continuing its growth trajectory in the European digital asset management landscape.