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WEMADE Invests in Shardeum, an Indian Blockchain Project
Wemade announced a strategic investment in Shardeum, an Indian blockchain project. The company aims to seek synergistic effect through working with Shardeum for WEMIX3.0, its blockchain mainnet. Business expansion to India is also planned.
Shardeum is the world’s first EVM(Ethereum Virtual Machine)-based sharded blockchain mainnet. With dynamic state sharding technology, the blockchain can linearly scale and increase TPS(transaction per second) with every node added to the network, and the network can maintain low gas fees indefinitely.
The project, which is also India’s first mainnet, is led by Nischal Shetty, founder of India’s biggest crypto exchange WazirX and Omar Syed, a veteran blockchain architect.
“Shardeum’s excellent technology and the potentials of the project and Indian market was taken into consideration,” said Henry Chang, CEO of Wemade. “We will continue to seek partnerships with companies and projects that can strengthen the WEMIX3.0 ecosystem.”
Companies In This Post
- Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants Read more
- Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN) Read more
- OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M Read more
- intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency Read more
- Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets Read more
Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
Figure is expanding investor access to the On-Chain Public Equity Network (OPEN) through new integrations with moomoo and Keplr, extending the distribution of blockchain-native public equities across both regulated brokerage platforms and self-custody wallets. OPEN allows companies to issue their equity native on blockchain and enables investors worldwide to invest in U.S. public equities while accessing decentralized finance (DeFi) for borrowing against and lending out stock.
Kraken Institutional Announces First Bespoke Investment Solution with Bitwise
Kraken, one of the world’s longest-standing, most liquid and secure cryptocurrency platforms, today announced the availability of a bespoke yield solution, marking an important first step as Kraken Institutional expands access to professionally managed strategies within a secure, regulated framework.
BBVA Joins Qivalis Banking Consortium to Advance Launch of Regulated Euro Stablecoin
BBVA (Banco Bilbao Vizcaya Argentaria) has officially joined Qivalis, a consortium of leading European banks working to establish a MiCAR-compliant euro-stablecoin issuer, currently progressing towards authorisation by the Dutch Central Bank (DNB). The consortium now comprises twelve European banks: Banca Sella, BBVA, BNP Paribas, CaixaBank, Danske Bank, DekaBank, DZ BANK, ING, KBC, Raiffeisen Bank International, SEB, and UniCredit.
Hex Trust and Haruko Architect Real-Time Risk Governance for Institutional Digital Assets
Hex Trust, a leading digital assets financial service provider specialising in markets services, custody, and staking, today announced a strategic integration with Haruko
Deutsche Börse Group’s 360T Partners with Bitpanda to Expand Digital Asset Capabilities
360T, part of Deutsche Börse Group, and Bitpanda announced today a partnership focused on expanding access to crypto trading, with plans for further expansion across the digital assets space. The collaboration brings together Bitpanda’s digital asset services with 3DX, 360T’s MiCAR-regulated crypto-asset trading platform, to support institutional clients seeking compliant and scalable routes into digital assets.
Arcium Launches Mainnet Alpha, Ushering in the Era of Encrypted Capital Markets on Solana
Arcium, the encrypted supercomputer, today announced its Mainnet Alpha launch. This milestone marks the transition of the network from a testing environment to a live, production-ready infrastructure to support the largest suite of encrypted applications on Solana. Launching alongside the network is Umbra, the first application to go live on Mainnet Alpha.
BitGo Becomes the First Public, Federally Chartered Digital Asset Infrastructure Company
BitGo’s federal charter enables the company to provide regulated custody, wallet infrastructure, settlement, and related digital asset services to clients across all 50 U.S. states
Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants
Lüt, a new financial ecosystem built for accessibility, reliability and growth with a first-of-its-kind closed-loop digital payments platform for cannabis and other high-risk industries, has announced its new partnership with leading financial services provider Safe Harbor to address one of the cannabis industry’s most persistent challenges: compliant and reliable payments. Through the collaboration, Lüt becomes a Safe Harbor Advantage Partner in closed-loop payment, expanding access to compliant, guaranteed-funds digital payments for cannabis and specialty merchants.
Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
Figure is expanding investor access to the On-Chain Public Equity Network (OPEN) through new integrations with moomoo and Keplr, extending the distribution of blockchain-native public equities across both regulated brokerage platforms and self-custody wallets. OPEN allows companies to issue their equity native on blockchain and enables investors worldwide to invest in U.S. public equities while accessing decentralized finance (DeFi) for borrowing against and lending out stock.
OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M
OneDome, the UK-based housing and fintech platform, has raised $25 million in a Pre-Series C funding round, taking total funding raised to date to $40 million.
intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency
intelliflo and Söderberg & Partners today announced a new strategic partnership designed to deliver greater efficiency, smarter workflows and an enhanced technology experience for financial advice firms.
Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets
Uniting Europe’s capital markets by consolidating issuance, custody, trading, and settlement of securities into a regulated system built on DLT.
ComplyAdvantage Fintea Chats: Lucy Heavens on Compliance, Technology and the Future
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Chargebase Launches to Help Merchants Cut Chargebacks and Give Easy Access to Verifi and Ethoca Alerts
Chargebase, a new chargeback-prevention platform built for high-growth e-commerce and SaaS businesses, today announces its official launch. Designed to solve an expensive and existential problem for merchants – chargebacks – Chargebase gives companies instant access to Verifi and Ethoca alerts in a single, easy-to-use platform with automated workflows and transparent pricing.