Archblock launches new fiat-backed stablecoin

Archblock Stablecoins has launched 1USD, a new fiat-backed stablecoin anchored to the US Dollar.

The company said the stablecoin stands as a testament to its own technology, which it claimed is revolutionising the exchange medium, offering frictionless and secure transactions across borders and empowering seamless global commerce. Renaissance Ambition AG, a subsidiary of Archblock, is the issuer of 1USD and the stablecoin will initially be available on Ethereum...

Apex Group harnesses blockchain to open up access to global private market funds 

A collection of Sterling notes.

Apex Group has become the first transfer agent and fund service provider to administer regulated securities, using blockchain as the book of record.

This ground-breaking approach enables global private market funds to access a more diverse and significantly larger pool of qualified investors. 

In partnership with Hamilton Lane and Sygnum Bank, Apex Group created a new digital share class of the Hamilton Lane GPA fund, and a DLT registry, to automate and integrate...

Rightmove and major banks invest in Coadjute to ‘transform UK property market’

Lloyds Banking Group, Nationwide, NatWest and Rightmove have made a strategic investment in Coadjute, the London-based property technology business.

This is the first time that the UK’s three largest mortgage providers have come together to fund a PropTech.

Lloyds Banking Group, as lead investment partner, has invested £3 million as part of a £10 million funding round to support Coadjute’s long-term ambition to revolutionise the UK housing market and offer home...

Quant makes blockchain free to all businesses with new pricing plans

Quant, a specialist in blockchain for finance, has launched new pricing plans and functionality aimed at enterprise IT users and developers tasked by their business lines with implementing blockchain technology as part of their organisation’s wider digital asset strategy.

The Overledger blockchain platform updates are designed to empower enterprise project teams, architects and developers from any sector or size to test, build and deploy on the same interoperable distributed...

Lockchain.ai launches as the ‘first AI-powered blockchain risk management platform’

Lockchain.ai has launches, desribed as the market’s first AI-powered risk management platform for blockchain.

The Blockchain Risk Management Platform (BRMP) – said to be a new category in the market – sets the standards for mature risk management in digital assets and gives traders, investors and fund managers much-needed solutions for securing the blockchain ecosystem and reducing black swan events.

A spokesperson for the company said it had been founded in order...

DePIN project Chirp launches testnet to power decentralised IoT

Chirp Network, a new decentralised physical Infrastructure network (DePIN), is today announcing the launch of its testnet on the Sui blockchain as it unveils a revolutionary IoT network with capabilities far outreaching other decentralised telecommunications protocols, including Helium.

Chirp is building a wireless telecommunications network using Internet of Things (IoT) technology to connect the largest number of devices with the blockchain. Following two years of work, the team...

Animoca Brands and Blockpass forge partnership for a secure Web3

Web3

Blockpass, a provider of compliant identity verification solutions for the Web3 space, and Animoca Brands, a company advancing digital property rights for gaming and the open metaverse, have teamed up to build a safer and more compliant Web3 environment.

This collaboration will leverage Blockpass' industry-leading KYC/AML SaaS to provide Animoca Brands and select portfolio companies with seamless and cost-effective solutions for user verification. This will ensure stronger...

Supply chain technology provider Finboot announces latest funding round

Finboot has completed the first close of its latest funding round to accelerate the next phase of its growth strategy – with a particular focus on enabling companies and their net-zero transition through technology.

This latest funding round has been led by a strategic investor together with Wealth Club. 

Finboot helps its customers and partners accelerate their digital transformation, and by doing so helps them realise value and build trust through leading edge...

Goldman Sachs, BNY Mellon take part in Canton Network pilot

Goldman Sachs and BNY Mellon were among the participants in a pilot for Digital Asset’s Canton Network, which has been deemed a success in regard to tokenised assets and enterprise blockchain.

A total of 155 participants, across 45 major organisations, demonstrated settlement across 22 permissioned blockchains connected on the Canton Network, while maintaining the controls required for regulated capital markets, as Digital Asset noted.

Participants ranged from asset...

Tether to develop blockchain and peer-to-peer telecoms infrastructure for Uzbekistan

Blockchain-enabled platform Tether has signed a Memorandum of Understanding (MOU) with the National Agency of Perspective Projects (NAPP), responsible for crypto regulation and development in the Republic of Uzbekistan.

This strategic collaboration aims to position Uzbekistan as a central hub for peer-to-peer and blockchain technology, igniting a revolution of innovation and economic growth. It also highlights Tether’s commitment to advancing its global strategy of building...