infrastructure 7 - The Latremie Post

Ripple-linked Evernorth to go public in $1B SPAC to build massive XRP treasury

Evernorth Holdings, a digital asset company with ties to Ripple Labs, has announced plans to go public through a merger with Armada Acquisition Corp. II, a Nasdaq-listed special purpose acquisition company (SPAC). This strategic move aims to tap into the growing institutional demand for publicly traded digital asset treasury firms.

The transaction is expected to generate more than $1 billion in gross proceeds, including a $200 million investment from Japan’s SBI Holdings, a company with historical ties to SoftBank. Additional backing is anticipated from Ripple, Pantera Capital, Kraken, and GSR, according to the company.

Evernorth stated that the funds will be used to build one of the world’s largest XRP (XRP) treasuries through open-market purchases of the digital asset. Upon completion of the merger, the combined company is expected to trade on the Nasdaq under the ticker symbol XRPN.

Evernorth CEO Asheesh Birla explained that the new investment vehicle is designed to “accelerate XRP adoption” amid growing interest in decentralized finance (DeFi). It offers investors a public-market avenue to gain exposure to XRP and related digital-asset strategies.

This announcement follows reports that Ripple Labs plans to raise roughly $1 billion through XRP sales to establish its own digital-asset treasury by combining newly acquired tokens with part of its existing holdings.

Separately, Ripple recently agreed to acquire GTreasury, a corporate treasury management platform, in a deal valued at about $1 billion. This move aims to expand Ripple’s enterprise liquidity and payment infrastructure.

Meanwhile, other companies, including VivoPower, have unveiled XRP-focused digital-asset strategies, highlighting the increasing institutional interest in the token.

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### The Rise of Digital Asset Treasury (DAT) Strategies

Evernorth’s push to build a digital-asset treasury is far from unique. This year alone, dozens of companies have emerged with similar ambitions to stockpile cryptocurrencies as part of their corporate balance sheets.

Much of this movement traces back to Michael Saylor’s pioneering strategy, as his company became the first major public firm to adopt Bitcoin (BTC) as a primary treasury reserve asset—a position that has since grown to nearly 700,000 BTC.

Beyond Bitcoin, corporate treasury strategies have expanded to include assets such as Ether (ETH), Solana (SOL), Ethena (ENA), and others. Companies are increasingly exploring digital assets with strong growth narratives.

However, skepticism remains. Deng Chao, CEO of crypto venture firm HashKey Capital, noted that digital-asset treasury strategies still face doubts from traditional finance, posing a barrier to wider institutional adoption.

Others share similar concerns. David Bailey, CEO of Bitcoin treasury firm Nakamoto, argued that poor performance among altcoins has eroded confidence in the broader digital-asset treasury model.

“Toxic financing, failed altcoins rebranded as DATs, too many failed companies with no plan or vision. It’s totally muddled the narrative,” Bailey said.

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As digital assets continue to gain traction among institutional investors, the evolution of treasury strategies remains a dynamic space to watch. Evernorth’s upcoming public debut and Ripple’s expanding initiatives underscore the growing institutional appetite for digital asset exposure, even as challenges persist.
https://cointelegraph.com/news/evernorth-ripple-spac-xrp-treasury-deal?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Infisical (YC W23) Is Hiring Full Stack Engineers

**Join Infisical: Building the Open Source Security Infrastructure Stack for the AI Era**

Infisical is on the lookout for exceptional talent to join our teams in building the open source security infrastructure stack tailored for the AI era. We’re crafting a generational company with a world-class engineering team. This isn’t a place to coast — if you want to grow fast, take ownership, and solve tough problems, you’ll be challenged like nowhere else.

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### What We’re Looking For

We are searching for an exceptional **Full Stack Engineer** to help build, optimize, and expand the foundation of our platform. Our hiring standards remain exceptionally high because we expect engineers to tackle a broad range of challenges daily.

Past engineering initiatives include:
– Developing strategies for secret rotation and dynamic secrets
– Building a gateway to provide secure access to private resources
– Implementing protocols like EST and KMIP
– Creating integrations for syncing secrets across cloud providers
– Launching new product lines such as Infisical PKI and Infisical SSH

As part of our team, you’ll work closely with our CTO and engineering experts to:
– Develop and maintain features while communicating directly with enterprise customers
– Expand new product lines including Infisical PKI, Infisical SSH, and Infisical KMS
– Experiment with innovative approaches applying AI to secrets management and broader security infrastructure

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### Requirements

– Deep technical mastery of the JavaScript ecosystem, particularly **React.js, Node.js, and TypeScript**
– Exceptional attention to detail and a strong eagerness to learn
– A bias toward action — able to make decisions with incomplete information, iterate quickly, and take calculated risks
– Flexible location: You must be based in one of the approved countries and available to collaborate with the team until at least 3pm Eastern Time (EST)

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### Bonus Skills

– Expertise in Go
– Understanding of DevOps and developer tools
– Previous founder or startup experience
– Experience building open source projects or developer tools professionally or personally
– Excellent written and oral communication skills to engage directly with customers

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### How You’ll Grow

In this role, you’ll play a pivotal part in shaping Infisical’s future by making key technical decisions, establishing foundational processes, and tackling complex scalability challenges. As you gain experience and as our team expands, you’ll have the opportunity to take full ownership of specific platform areas, driving them end-to-end with autonomy and impact.

Overall, you will be one of the defining members of our team as we scale to thousands of customers over the next 18 months.

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### Team, Values & Benefits

Our team brings together experience from leading companies like Figma, AWS, and Red Hat. While we operate primarily as a remote team, we maintain a strong presence in San Francisco with an office and come together throughout the year for off-sites, conferences, and team gatherings.

At Infisical, we offer competitive compensation including salary and equity options. The salary range for this role depends on location, experience, and seniority.

Additional benefits include:
– Lunch stipend
– Work setup budget

More details can be found on our [careers page](#).

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### About Infisical

Infisical is the open source security infrastructure platform engineers trust for secrets management, internal PKI, key management, and SSH workflow orchestration. Each month, we securely manage over 1.5 billion secrets — including application configurations, database credentials, certificates, and more.

We’ve raised $19 million from Y Combinator, Google, and Elad Gil. Our customers include Hugging Face, Lucid, and LG.

Join us on a mission to make security easier for all developers, starting with secrets management.

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Ready to make an impact? Apply now and be part of the future of security infrastructure.
https://www.ycombinator.com/companies/infisical/jobs/0gY2Da1-full-stack-engineer-global

Solana’s $9B TVL Milestone Sparks Talk of a New Meme-Powered Challenger

Solana Dominates DeFi Growth, While a Meme-to-Earn Token Gains Traction

Soaring TVL and DEX Volume Empower Solana

Solana recently achieved a significant milestone with its DeFi ecosystem boasting around $9.3 billion in total value locked (TVL). Its on-chain liquidity and capital inflows indicate robust confidence in its infrastructure and protocols.

DEX volume on Solana remains consistently high, regularly exceeding billions daily, demonstrating strong usage across liquidity and swap platforms. This surge underscores that developers and users continue to view Solana as a top-tier platform for DeFi and related ecosystems. Its throughput and network capabilities remain key advantages over many competing chains.

Strengths, Challenges, and Maturation Risks

While Solana’s TVL and volume statistics are impressive, growth at this scale also brings increased scrutiny. Large inflows invite questions about sustainability, protocol fees, and potential congestion.

Some observers caution that rapid expansion may stretch the network’s security, governance, or scalability limits. Moreover, as Solana matures, much of its growth may shift from novelty-driven inflows to utility-driven adoption. The era of build-to-scale is beginning to give way to maintain, optimize, and differentiate.

The Rise of Meme-to-Earn Innovation

In parallel with Solana’s infrastructure momentum, a new narrative is emerging around meme-to-earn economics. This concept harnesses meme culture—viral content creation and social amplification—as a foundation for token value and user incentives.

Rather than building new blockchains, several projects are integrating meme-driven reward engines atop existing infrastructure, combining AI, rewards for creators and promoters, and community mechanics. These experiments are quietly gaining traction among retail and creator-centric audiences.

What Happens When Culture Drives Value

When a token rewards users for virality and participation, culture acts as both marketing and utility. Each meme shared contributes directly to protocol growth, reinforcing social feedback loops.

The incentive structure encourages creators and promoters to fuel adoption organically. In such ecosystems, token scarcity, reward splits, and governance play crucial roles in balancing growth with longevity. Smart contract audits, anti-bot filters, and fair distribution mechanisms become essential to protect early participants and ensure long-term health.

Introducing the Quiet Challenger

Midway through 2025, one presale token is building quietly under the radar, combining meme-to-earn mechanics with AI-driven rewards. It structures its ecosystem to reward creators and community contributors based on virality metrics—not just speculative trading.

The project, called Moonshot MAGAX, currently trades around $0.000318, with its next stage priced at $0.000345. Early funding rounds have already attracted six-figure interest, fueled by community buzz and solid structural design. Its tokenomics include a capped supply, vesting schedules, and a 5% auto bonus for new buyers.

Strengths Versus Solana’s Edge

While Solana anchors its position on deep DeFi adoption, infrastructure, and scale, MAGAX operates in a different dimension—culture and community. Its model doesn’t require competing on throughput but focuses on user engagement and monetizing viral networks.

If MAGAX’s reward engine succeeds, its growth trajectory could run parallel to Solana’s TVL explosion—but powered by memetic participation instead of pure capital flows. The key challenges will be maintaining fairness, resisting bot attacks, and scaling effectively without losing alignment.

Why Investors Watch the Intersection of Meme and DeFi

Solana’s rise demonstrates that infrastructure matters, but incentives drive adoption. The new frontier is where culture meets protocol. Tokens that harness AI, virality, and community may bridge the gap between DeFi powerhouses and social-first economies.

At this moment, both infrastructure-driven and meme-driven models deserve close attention. Solana may remain the backbone of DeFi, but the next wave could come from tokens built not just as blockchains, but as meme economies.

For investors, that intersection is where conviction begins. Explore the meme-to-earn revolution today—join the movement transforming memes into real economic opportunity before the next wave hits.

This publication is sponsored. Coindoo does not endorse or assume responsibility for the content, accuracy, quality, advertising, products, or any other materials on this page. Readers are encouraged to conduct their own research before engaging in any cryptocurrency-related actions. Coindoo will not be liable, directly or indirectly, for any damages or losses resulting from the use of or reliance on any content, goods, or services mentioned. Always do your own research.

About the Author

Krasimir Rusev is a reporter at Coindoo with many years of experience covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise makes him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.

https://coindoo.com/solanas-9b-tvl-milestone-sparks-talk-of-a-new-meme-powered-challenger/

Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip

Cardano (ADA) experienced a significant decline this week, falling roughly 27% and slipping below the key $0.66 support level amid risk-off flows impacting the broader crypto market. Bitcoin’s recent slide toward $104,000, coupled with softer altcoin liquidity, exacerbated the downside pressure. On-chain data further reveals that large ADA holders are adopting a defensive stance.

### Whale Activity Shows Mixed Signals

Santiment-tracked wallets holding between 1 and 10 million ADA have offloaded approximately 40 million ADA over the past seven days. More broadly, whale distribution reportedly reached around 350 million ADA, adding to downward pressure on the price. However, there is a contrasting dynamic as other significant wallets have accumulated between 140 and 200 million ADA. This split in whale activity is contributing to a choppy consolidation pattern, with ADA fluctuating between $0.65 and $0.70.

### Derivatives Market Adds to Caution

The derivatives market reflects a cautious tone as well. Cardano’s open interest dropped by 2.12% to $669.9 million. Notably, long liquidations totaling $1.13 million significantly outpaced short liquidations of $187,000, indicating that bulls have borne the brunt of the recent sell-off.

On the 4-hour chart, ADA is forming a falling wedge pattern, but confirmation requires a breakout above $0.74. Momentum indicators present a mixed picture: the RSI stands at 37, approaching oversold territory, while the Chaikin Money Flow (CMF) remains positive between 0.12 and 0.15. This suggests some returning spot inflows, though these have yet to overwhelm supply from large holders.

### Downside Risks and Potential Rebounds

Technicians emphasize a “risk-first” approach in the near term. Losing the $0.66 level puts $0.65 in play. A failure to hold $0.65 could open the path to $0.62-$0.60, and then down to $0.57, where channel and structural support converge. In the event of a broader crypto market weakness, an even deeper shakeout could test $0.53.

On the upside, ADA must reclaim $0.66 and subsequently clear the $0.74-$0.80 range, which aligns with the 50-day EMA cluster to signal a reversal in trend strength. Above this level, bulls may target $0.86, with a psychological retest of $1.00 possible into Q4 if risk appetite and capital flows improve.

Several analysts remain optimistic, eyeing a potential breakout toward the $1.20-$1.60 range. However, most caution that the market may experience further dips before a significant upward move, due to leverage resets and uneven liquidity conditions.

### Upcoming Catalysts and Market Outlook

Key factors to watch include the October 23 Grayscale ADA ETF decision window, overall stablecoin and ETF net flows, and whether whale selling pressure eases. Historically, a rotation back into altcoins tends to follow Bitcoin stabilization. Conversely, renewed weakness in Bitcoin would likely prolong ADA’s consolidation near current lows.

ADA’s daily chart trends downward for now, but development progress continues. New staking access options (such as eToro US) and ongoing initiatives like Midnight and Leios are broadening Cardano’s roadmap. However, total value locked (TVL) on Cardano remains modest at around $288 million, lagging larger chains.

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*Cover image generated by ChatGPT. ADAUSD chart via TradingView.*
https://www.newsbtc.com/news/cardano/analysts-caution-cardano-ada-may-drop-further-before-1-rebound-after-12-dip/

Tether Nominates Executives to Juventus Board After Investment in Club

Tether Seeks Board Control at Juventus Following 10.7% Stake Investment

Tether, the issuer behind the stablecoin USDT, is making a strategic move into the world of football by seeking board control at Juventus FC. Earlier this year, Tether invested a 10.7% stake in the Italian football club and now aims to increase its influence by nominating two executives to join Juventus’ board of directors.

### Strategic Investment and Board Nominations

In February and April 2024, Tether acquired a significant 10.7% share in Juventus, signaling its strong interest in the football industry. Since the investment, the company has actively engaged with fans to gather insights and concerns about the club’s management. Emphasizing the need for improved governance and stronger minority representation, Tether has nominated Zachary Lyons, its Deputy Chief Investment Officer, and Francesco Garino, a medical doctor and Juventus supporter, to join the club’s board.

These nominations are set to be voted on during the Juventus shareholder meeting scheduled for November 7, 2024. With this initiative, Tether aims to influence the future direction and governance of the club.

### Focus on Corporate Governance and Transparency

Tether’s push for enhanced corporate governance at Juventus comes amidst a period of leadership instability. In November 2022, Juventus experienced a major upheaval when its entire board resigned following allegations of financial fraud related to players’ salaries. Several executives, including former chairman Andrea Agnelli, faced legal consequences, prompting significant changes in the club’s leadership.

Paolo Ardoino, CEO of Tether, highlighted the company’s commitment to bringing “best-in-class corporate governance” to Juventus. By nominating professionals from diverse backgrounds, Tether seeks to strengthen the club’s management and establish better decision-making processes moving forward.

### Expanding Influence Beyond Football

While Tether’s core business centers around stablecoins, the company has been actively diversifying its investments across various industries. Apart from Juventus, Tether has invested $775 million in Rumble, a video-sharing platform. Additionally, the company has shown interest in artificial intelligence by proposing a joint acquisition of Northern Data, a firm specializing in AI infrastructure.

These strategic investments demonstrate Tether’s broader ambition to build a significant presence beyond the cryptocurrency market, expanding its footprint into traditional sectors such as sports and technology.

### The Road Ahead for Juventus and Tether

The upcoming Juventus shareholder meeting will be a pivotal moment for both the club and Tether. Approval of Tether’s board nominations could lead to a considerable shift in Juventus’ governance structure. With Tether’s involvement, the club may see new leadership dynamics aimed at restoring its reputation and ensuring greater transparency after recent scandals.

As Juventus navigates these changes, Tether’s role could become instrumental in shaping the club’s future trajectory both on and off the field.
https://coincentral.com/tether-nominates-executives-to-juventus-board-after-investment-in-club/

India’s Ahmedabad to host 2030 Commonwealth Games: Presenting key details

**India’s Ahmedabad to Host 2030 Commonwealth Games: Key Details**

*By Rajdeep Saha | Oct 15, 2025, 9:30 PM*

India has been recommended as the host nation for the 2030 Commonwealth Games, with Ahmedabad proposed as the primary venue. This recommendation came from the executive board of Commonwealth Sport during their meeting on Wednesday. The final approval for Ahmedabad’s candidacy will be confirmed by Commonwealth Sport’s full membership at the General Assembly in Glasgow, Scotland, on November 26.

**Previous Experience**

India last hosted the Commonwealth Games in 2010. However, that event was overshadowed by issues related to poor planning, infrastructure delays, and corruption allegations. Despite this, PT Usha, President of the Indian Olympic Association (IOA), described hosting the centenary games as an “extraordinary honor” for the country. She emphasized that the 2030 Games will not only showcase India’s sporting prowess but will also support its broader vision of becoming a developed nation by 2047.

**Strategic Move**

Ahmedabad and Abuja were the only two cities bidding to host the 2030 Commonwealth Games. India’s selection of Ahmedabad aligns with a strategic plan to strengthen its bid for the 2036 Olympics. An IOA official noted that hosting the 2030 Games will be an opportunity to demonstrate India as a “reliable destination” for major international sporting events.

**Venue Preparations**

The newly inaugurated Naranpura Sports Complex in Ahmedabad, which hosted the Commonwealth Weightlifting Championship and Asian Swimming Championship earlier this year, is expected to be a central venue for the Games. Constructed at a cost of ₹825 crore, this state-of-the-art facility is a significant asset.

Other proposed venues include the Sardar Vallabhbhai Patel Enclave and the Narendra Modi Stadium. Unlike the planned multi-city hosting format for the 2036 Olympics, the 2030 Commonwealth Games will primarily take place in Ahmedabad, with possible events in nearby Gandhinagar.

**Evaluation Criteria**

The decision to recommend Ahmedabad was reached after a rigorous assessment by the Commonwealth Sport Evaluation Committee. Candidate cities were evaluated on parameters such as technical delivery, athlete experience, infrastructure quality, governance, and adherence to Commonwealth Sport values.

India’s strong sporting history and impressive performance at the Birmingham 2022 Commonwealth Games—where it finished fourth in the medal tally—were also highlighted as key factors in the recommendation.

**Reactions**

The announcement has been met with enthusiasm across India’s sporting community, signaling a new era for Indian sports on the international stage. Further updates, including official confirmation at the November General Assembly, are eagerly awaited.
https://www.newsbytesapp.com/news/sports/commonwealth-games-2030-to-be-held-in-india-s-ahmedabad/story

MyIX: Budget 2026 enhances Malaysia’s digital backbone for an AI-powered future

**Calls for Stronger Local Interconnection to Maximise Digital Investments**

Upgraded infrastructure will boost data sovereignty, lower costs, and support Malaysia’s rise as a regional digital hub.

The Malaysia Internet Exchange (MyIX) has welcomed the Madani Budget 2026 as a decisive step towards strengthening Malaysia’s digital backbone. The government’s focus on submarine cable infrastructure, nationwide connectivity, 5G expansion, artificial intelligence, and digital inclusion are seen as critical enablers of the nation’s future.

MyIX Chairman Chiew Kok Hin highlighted that the government’s commitment of more than US$880 million (RM4 billion) in digital infrastructure investments demonstrates Malaysia’s readiness to compete as a regional digital hub. However, he emphasized that global investments must be matched by resilient domestic interconnection.

> “As digital highways such as submarine cables, AI clouds, and 5G networks are being built, the true benefits only reach the rakyat when traffic flows locally and securely. At MyIX, our role is to anchor these capacities so that every Malaysian enjoys lower costs, smoother streaming, faster cloud access, and assured data sovereignty,” Chiew said.

The Budget allocates US$440 million (RM2 billion) for the Sambungan Kabel Dasar Laut Madani (SALAM) submarine cable, linking Johor, Sarawak, and Sabah. Additionally, another US$440 million (RM2 billion) is designated for a Sovereign AI Cloud, alongside continued 5G rollout, MyDigital ID adoption, and global investments from Microsoft, Google, and Amazon Web Services.

Chiew noted that Amazon, Google, and Microsoft are among MyIX’s global peering partners, supporting the exchange’s mission to enhance the speed, resilience, and affordability of Malaysia’s internet.

The measures outlined in Budget 2026 reflect strong foresight and position Malaysia as an emerging regional AI and digital hub. Chiew added:

> “The government’s commitment to submarine cables, AI infrastructure, and 5G rollout will unlock unprecedented capacity. At MyIX, our role is to ensure these investments translate into real benefits for Malaysians through efficient local traffic routing. This is how we strengthen digital sovereignty while enabling inclusive growth.”

He also highlighted the Budget’s focus on the development of Sabah and Sarawak, alongside initiatives such as GovTech digitalisation, MyDigital ID expansion, and tax incentives for AI and cybersecurity adoption. These steps will further broaden access to the digital economy nationwide.

> “By localising internet traffic, MyIX reduces reliance on foreign routing and ensures that connectivity gains are felt across the nation—from rural areas to urban centres in the Klang Valley. As Malaysia builds towards AI Nation 2030, low-latency interconnection will be the invisible layer powering AI, 5G, and cloud adoption for government, businesses, and the rakyat alike,” Chiew explained.

Currently, MyIX operates across Kuala Lumpur, Cyberjaya, Johor Bahru, and Kuching, serving as key interconnection points for seamless traffic exchange. The exchange continues to deliver significant cost reductions, foreign exchange savings, and faster local internet speeds, while enhancing national resilience and efficiency.

The Malaysian Communications and Multimedia Commission (MCMC), which was instrumental in MyIX’s formation in 2006, remains actively engaged in the exchange’s ongoing development.
https://www.digitalnewsasia.com/digital-economy/myix-budget-2026-enhances-malaysias-digital-backbone-ai-powered-future

White House slams Nobel Committee, says it placed `politics over peace`

Cheung said Trump “will continue making peace deals, ending wars, and saving lives. He has the heart of a humanitarian, and there will never be anyone like him who can move mountains with the sheer force of his will.”

Shortly after Cheung’s comments, Trump, in a social media post, thanked Russian President Vladimir Putin for praising his peace efforts, despite not winning a Nobel. “Thank you to President Putin!” he wrote.

Replying to a question, Putin told reporters in Dushanbe, Tajikistan, that Trump is doing a lot to resolve complex crises that have lasted for years and even decades.

Trump has been claiming credit for brokering peace agreements, most notably the Abraham Accords, which normalized relations between Israel and several Arab nations. The US President has asserted multiple times that he deserved the Nobel Peace Prize for settling “eight wars,” including the recent military conflict between India and Pakistan.

India launched Operation Sindoor on May 7, targeting terror infrastructure in Pakistan and Pakistan-occupied Kashmir in retaliation for the April 22 Pahalgam attack that killed 26 civilians. India and Pakistan reached an understanding on May 10 to end the conflict after four days of intense cross-border drone and missile strikes.

India has consistently maintained that the understanding on cessation of hostilities with Pakistan was reached following direct talks between the Directors General of Military Operations (DGMOs) of the two militaries.

Trump has repeated several times that in the second term of his administration so far, he has ended several wars, including those between India and Pakistan, Cambodia and Thailand, Kosovo and Serbia, the Congo and Rwanda, Israel and Iran, Egypt and Ethiopia, and Armenia and Azerbaijan.

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*This story has been sourced from a third-party syndicated feed and agencies. Mid-day accepts no responsibility or liability for the dependability, trustworthiness, reliability, or accuracy of the text. Mid-day management and mid-day.com reserve the sole right to alter, delete, or remove (without notice) the content at their absolute discretion for any reason whatsoever.*
https://www.mid-day.com/news/world-news/article/trump-for-nobel-peace-prize-white-house-slams-nobel-committee-says-it-placed-politics-over-peace-23598166

PM Narendra Modi’s Special Message Ahead Of Inaugurating Navi Mumbai Airport & Metro 3 Line; Here’s What He Said

Prime Minister Narendra Modi on Wednesday reiterated his government’s focus on improving Mumbai’s infrastructure and enhancing the Ease of Living for its residents. He was preparing to inaugurate two of the city’s most significant projects: Phase 1 of the Navi Mumbai International Airport (NMIA) and the final phase of Mumbai Metro Line 3.

Taking to X, the Prime Minister wrote, “On the way to Navi Mumbai to take part in the programme marking the inauguration of Phase-1 of the Navi Mumbai International Airport. With this, the Mumbai Metropolitan Region will get its second major international airport, thus boosting commerce and connectivity. The final phase of the Mumbai Metro Line-3 will also be inaugurated. We are committed to enhancing Mumbai’s infrastructure and boosting Ease of Living for the people of this dynamic city.”

Talking about the inauguration of the Mumbai Metro, he added, “Phase 2B of the Mumbai Metro Line-3 is a significant enhancement to Mumbai’s infrastructure! Metro connectivity is essential for a city’s growth. This project will have a positive impact on the lives of the people of Mumbai.”

### Navi Mumbai International Airport: India’s Largest Greenfield Aviation Project

Developed at an estimated cost of ₹19,650 crore, the Navi Mumbai International Airport represents a major milestone in India’s journey towards becoming a global aviation hub. Built under the Public-Private Partnership (PPP) model, it is India’s largest Greenfield airport project and the second international airport serving the Mumbai Metropolitan Region.

Spread over 1,160 hectares, NMIA has been designed for maximum efficiency, with the capacity to handle 90 million passengers and 3.25 million metric tonnes of cargo annually. The airport will feature an Automated People Mover (APM) system connecting all four passenger terminals to facilitate smooth inter-terminal transfers. Additionally, another landside APM will link the city-side facilities.

Environmentally conscious in design, NMIA incorporates Sustainable Aviation Fuel (SAF) storage, generates 47 MW of solar power, and operates electric bus services for city-wide connectivity. Furthermore, it will become India’s first airport connected by a Water Taxi service, enhancing accessibility while reducing carbon emissions.

### Metro Line 3: Mumbai’s First Fully Underground Metro

Alongside the airport inauguration, PM Modi will also dedicate Phase 2B of Mumbai Metro Line 3, which stretches from Acharya Atre Chowk to Cuffe Parade. Built at an estimated cost of ₹12,200 crore, this phase completes the entire Mumbai Metro Line 3, also known as the Aqua Line, which has been constructed at a total cost exceeding ₹37,270 crore.

This metro line is Mumbai’s first fully underground metro and represents a monumental leap in the city’s urban mobility network. Metro 3 is expected to transform daily commuting by offering faster, cleaner, and more efficient travel between North and South Mumbai.

By connecting major business, residential, and transport hubs, Metro Line 3 promises to ease congestion, reduce pollution, and redefine public transport for millions of Mumbaikars.

*Text: Kamal Mishra*
https://www.freepressjournal.in/mumbai/pm-narendra-modi-special-message-ahead-of-inaugurating-navi-mumbai-airport-metro-3-line-heres-what-he-said

Karachi Biennale 2027: Noor Ahmed to curate fifth edition

The Karachi Biennale is set to return in January 2027 for its fifth edition, this time led by curator Noor Ahmed. Since its launch in 2017, the Karachi Biennale has grown into Pakistan’s largest international contemporary art event, transforming the city through exhibitions, public art projects, and education programmes that bring contemporary art to diverse audiences.

For KB27, the Biennale will once again move beyond traditional gallery walls, spreading across Karachi’s schools, parks, and public spaces. The programme will feature commissioned works, site-specific projects, artist residencies, workshops, initiatives for schools and communities, and a series of public talks. The Trust aims to explore new ways of engaging audiences and to document the outcomes for future editions.

Noor Ahmed is an exciting choice as curator. She has collaborated on significant projects, including co-curating *River Landscapes*, a transnational initiative connecting South Asia and Europe through a shared glossary of water. Additionally, she served as Project Director and Lead Curator of the Digital Curation of Lahore and Taxila Museums, Pakistan’s largest museum digitisation programme.

Her relationship with the Biennale dates back to 2019, when she served as Assistant Curator for KB19 and helped deliver exhibitions across Karachi’s public parks, zoo, and botanical gardens.

The Biennale has always sought to expand access to contemporary art, with each edition advancing this mission. Previously curated by Amin Gulgee in 2017, Muhammad Zeeshan in 2019, Faisal Anwar in 2022, and Waheeda Baloch in 2024, the event has steadily strengthened its infrastructure for commissions, exhibition delivery, and education, while deepening public participation across the city.

With Noor Ahmed guiding KB27, the Biennale is poised to continue this growth. The programme will introduce new voices, test fresh formats, and reaffirm Karachi’s role as a hub of contemporary cultural exchange.

Details of the full programme, along with submission deadlines and ticketing information, will be released by the Trust ahead of the January 2027 opening. Stay tuned for updates!
https://www.thenews.com.pk/tns/detail/1348546-karachi-biennale-2027-noor-ahmed-to-curate-fifth-edition