Breaking News
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
- RTS 2026: Eliminating Friction and Enhancing Transparency at the Point of Sale Read more
- Adyen Insurance Report 2026: How Retail-Conditioned Expectations are Shaping Digital Transformation in HK Insurance Read more
- UBX Tanzania Deepens Partnership with ACI Worldwide to Power the Next Phase of the Nation’s Digital Economy Read more
- PPRO Partners With Nubank to Enable NuPay, Unlocking Access to Brazil’s Digital Banking Ecosystem Read more
- Temenos Forward Awards Celebrate Innovation and Impact in Banking Read more
