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...

Web3Firewall announces $2.5m pre-seed investment round

Web3Firewall has closed a $2.5m pre-seed investment round led by Laser Digital (Nomura’s digital asset subsidiary) gumi Cryptos Capital (gCC) and SPEILLLP, a member of Susquehanna International Group.

The company has developed an intelligence-driven risk and compliance platform specifically to meet the evolving challenges of companies engaged in blockchain technology and digital assets.

Web3Firewall was founded in 2023 by Dr. Samer Fayssal, who was previously CISO and...

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...

Tokenisation: Solving traditional blockchain problems and enticing traditional finance

The long and winding road of blockchain technology adoption has been sometimes tremendous, other times turbulent. If the winds of change are heading in any particular direction right now for the enterprise, however, it appears to be towards tokenisation for real world assets.

Citi and JP Morgan are among the financial institutions looking in this direction – and now we can add BlackRock to that list. The company unveiled its first tokenised fund issued on a public blockchain –...

MetaMinds Group partners with NFTrends

MetaMinds Group, a ‘metaverse as a service’ company providing end-to-end infrastructure and metaverse-ready solutions to luxury and lifestyle brands, has partnered with NFTrends (Numeraire Future Trends), the provider of solutions for authentication, ownership and provenance tracking, designed for the luxury and art markets.

A Zilliqa Group venture entity, MetaMinds has entered this partnership in order to offer a joint service offering with NFTrends focusing on the initial...

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...