Breaking News
Platonic Announces Collaboration with MIT’s Geospatial Data Center to Transform Capital Markets through AI and Blockchain
Platonic today announced a research collaboration with MIT’s Geospatial Data Center, focused on advancing generative AI capabilities to modernize financial market infrastructures. This ambitious initiative will evaluate Generative AI tools and techniques to identify suitable models and prompting strategies for financial asset workflows.
This effort will focus on AI-driven smart contract creation and end-to-end asset servicing. The collaboration combines Platonic’s cutting-edge blockchain infrastructure expertise with MIT’s Geospatial Data Center research leadership in generative AI.
“At Platonic, we’re building the infrastructure for autonomous, intelligent markets–where assets are programmable and intelligent,” said Violet Abtahi, Founder and CEO of Platonic. “This initiative is one part of that vision, focused on applying generative AI to smart contract creation and asset servicing. Our collaboration with MIT’s Geospatial Data Center accelerates our mission to research how to modernize financial infrastructure and unlock the power of a truly decentralized economy.”
By automating contract generation and simplifying operational workflows, this initiative aims to increase transparency, reduce costs, and enable smarter, data-driven decision-making across capital markets.
“Financial institutions have long struggled to modernize legacy systems,” said Abel Sanchez, Executive Director, MIT’s Geospatial Data Center. “Leveraging blockchain and generative AI offers a practical and tangible path forward—moving capital markets from incremental promises to real digital transformation.”
This collaboration is a major step toward Platonic’s broader vision for autonomous finance–a future where assets are intelligent, self-executing, and able to interact across a global, interoperable, digital ecosystem.
People In This Post
Companies In This Post
- Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
- WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
- AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
- Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
- United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
Introducing Onigiri Capital, a $50 Million Blockchain Investment Fund Bridging Global Innovation With Asia’s Institutional Markets
Saison Capital, the venture arm of Credit Saison, one of Japan’s largest non-bank financial companies listed on the Tokyo Stock Exchange, launches Onigiri Capital.
Transak and MetaMask Join Forces to Offer 1:1 Stablecoin Onramping and Named IBANs
Transak, the stablecoin payments infrastructure behind 450+ apps globally and MetaMask’s long-time fiat onboarding partner, is now exclusively powering stablecoin onramping through MetaMask’s Deposit button, including upcoming support for MetaMask USD (mUSD), the wallet’s newly launched native stablecoin. Starting today, September 15, MetaMask users in the US and EU will for the first time be able to purchase mUSD, as well as buy stablecoins like USDC and USDT at near 1:1 rates without leaving the app, using Transak’s white-label APIs and named IBAN capabilities.
The Smarter Web Company PLC Appoints Coinbase Institutional as a Custody Partner
The Smarter Web Company (AQUIS: SWC | OTCQB: TSWCF | FRA: 3M8), a London-listed technology company and the UK’s largest publicly traded company holding Bitcoin on its balance sheet, is pleased to announce the appointment of Coinbase Institutional as one of its Bitcoin custody partners. This partnership marks a significant step in strengthening the company’s treasury infrastructure and underlines its position as a market leader in the rapidly evolving Bitcoin ecosystem.
Cboe Europe Derivatives to Launch FLEX Options in Europe, Expanding Risk Management Toolkit for European Investors
Cboe Europe Derivatives (CEDX), a leading pan-European equity derivatives marketplace and part of Cboe Global Markets, Inc. (Cboe: CBOE), today announced at Cboe's 2025 Risk Management Conference in Munich, Germany, its plans to launch Cboe FLexible EXchange® options (FLEX options) in Europe, marking a significant step forward in providing tailored risk management tools for institutional investors across the region.
Openbank Launches Cryptocurrency Trading Service
Openbank, continues to expand its product offering by allowing customers to trade cryptocurrency
Bitget Opens 2026 Graduate Program to Build the Next Billion Minds
Bitget, the world’s leading cryptocurrency exchange and Web3 company, is opening applications for its 2026 Graduate Program, a global track under Bitget’s Blockchain4Youth initiative, recruiting next-generation talent from top universities and placing them directly into real Web3 workstreams.
MoonPay Acquires Meso Accelerating Its Transformation into a Global Payments Network
MoonPay, the global leader in crypto payments, announced the acquisition of Meso, a pioneer in bridging traditional finance and crypto. The move marks a major milestone in MoonPay’s evolution to a global payments network connecting banks, card networks, stablecoins and blockchains under a unified regulatory framework, including MTLs, BitLicenses, and MiCA approval.
Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns
More than half (59%) of Brits admit that they’ll use AI to help with their tax return
WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance
WorkFusion, a pioneer in AI agents for financial crime compliance (FCC), today announced it raised $45 million in funding.
AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico
How could AI agents search, compare and pay for things? What makes stablecoins a game-changer for cross-border digital commerce? Why are local Alternative Payment Methods (APMs) crucial for any business wanting to enter and scale in emerging markets?
Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering
Day two of Money20/20 Middle East in Riyadh brought together global leaders in fintech, banking, and financial services to discuss the future of money and finance in the region.
United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize
United Gulf Financial Services (UGFS North Africa), a leading venture capital firm offering innovative companies and startups with financial support and mentoring services, has announced a partnership with The Hashgraph Association, a Swiss non-profit organization driving global adoption of Hedera-powered solutions by funding innovation, training, certification, and venture building programs, and Exponential Science Foundation, a not-for-profit foundation accelerating responsible tech adoption, via research, education, and innovation activities, for Hedera Africa Hackathon 2025, the biggest hackathon in Africa aimed at enabling the next generation of Web developers and empower economic inclusion in Africa with a digital future for all.
Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents
Payhawk announced set of AI agents that complete everyday finance work as part of its product launch
Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants
Ant International will launch cross-border QR code payments between the Saudi Arabia’s (KSA) national payment scheme, mada, Alipay+, during 2026 to drive digitisation and inclusive growth for local merchants.