In partnership with Nirvana Cloud, Xai Foundation today announced the public launch of Xai RPC nodes to support Xai, the gaming blockchain that will enable real economies in the next generation of gaming. The Xai Foundation has deployed mainnet RPC nodes on Nirvana Cloud, which are available for developers via the Nirvana Labs developer platform.

Available today, the RPC nodes are deployed in five of Nirvana Cloud’s global regions including North America, Central Europe, Central Asia, and Southeast Asia. With Xai deploying on Nirvana Cloud’s global bare metal cloud in five distinct regions, users are guaranteed the strongest uptime, lowest latency, and lowest cost per requests (CPR) for their blockchain data needs. Current Xai ecosystem partners and builders including Camelot DEX, Dora, Goldsky, and Supra Oracles are operational on the nodes.

Soby, a core contributor to Xai, commented on today’s news: “This collaboration ensures that game developers building on Xai have access to the most reliable and cost-effective infrastructure needed to power their games. Nirvana Cloud’s global reach and bare metal technology guarantee the low latency and high uptime crucial for a seamless gaming experience. This is a significant step forward in empowering developers and fostering a thriving ecosystem for the future of blockchain-native gaming.”

The Xai nodes have been launched on bare metal deployment, with improved cost, global distribution, speed, and reliability for Xai game developers, delivering a better user experience for their end users. Nirvana RPC nodes deliver creators powerful tools such as auto-scaling and provisioning of cloud resources to handle the most demanding web3 use cases, as well as auto-routing to the nearest node, so developers can focus solely on the projects they are building.

Dan Burke, CEO of Nirvana Labs, added: “Nirvana and Xai are coming together to solve a critical component of next-gen gaming with the newest in web3 tooling. We are ushering in a new era of blockchain infrastructure and usability with the latest in layer 3 scalability and cutting edge web3 cloud computing to bring high performance and cost optimized cloud infrastructure to the gaming industry. We are proud today to be first to market with Xai mainnet nodes deployed globally on Nirvana’s bare metal cloud.”

Nirvana Labs, by utilizing its own proprietary bare metal cloud purpose built for web3 workloads, differentiates itself in three core areas versus traditional web2 providers and blockchain infrastructure providers reliant on web2 cloud providers: scalability and cost management, availability and latency, and through the comprehensive support and resources provided to clients.

Tailored specifically for gaming, the Xai blockchain offers traditional gamers an abstracted wallet and account experience, provides developers with increased gas and contract limits, and establishes a fully decentralized ecosystem that fosters trust and transparency for all participants.

About Xai Games

Xai was developed to enable real economies and open trade in the next generation of video games. With Xai, potentially billions of traditional gamers can own and trade valuable in-game items in their favorite games for the first time, without the need to use crypto-wallets. Anyone can support the Xai network by operating a node which allows them to receive network rewards and participate in governance. Xai is developed by Offchain Labs leveraging Arbitrum technology.

About Nirvana Cloud

Nirvana Cloud is purpose built for the distinct workload characteristics of web3, emphasizing high CPU clock speeds, low RAM latency, and low storage latency which are starkly different from conventional web2 general-purpose tasks. Nirvana’s cloud architecture is built with key objectives and metrics desirable for web3 firms: low latency and high throughput, resource cost optimization, CPU / RAM scalability and customizations, resilience and reliability, security and privacy, governance and sovereignty, and web3 focused tooling and customer support.

Royal Finance Coin (RFC) has announced the commencement of the pre-sale of its much-awaited token, offering early investors a chance to join the project at a favorable entry point. The brainchild of financial experts from the crypto industry, the RFC token is strategically positioned for high growth, backed by tangible assets, and committed to sustainability, making it a pioneering investment opportunity.

Post-pre-sale, RFC vows to reinvest in state-of-the-art crypto mining machines housed within Aruba.it’s premier data centers, exclusively powered by renewable energy sources. This initiative underscores RFC’s pledge to sustainable mining practices, ensuring a greener future for digital finance.

RFC’s strategic investment insights project significant asset generation, with each mining machine capable of producing cryptocurrency worth one Bitcoin monthly. This deliberate injection of value enhances RFC’s token worth, fostering steady appreciation in the market.

Mined cryptocurrency is reinvested into RFC’s liquidity pool, bolstering token stability and growth. This strategic move not only ensures continuous asset backing but also drives value and stability in the cryptocurrency market.

RFC offers a staking program for token holders, providing competitive Annual Percentage Yields (APY) and monthly rewards. This initiative fosters community engagement, contributing to RFC’s ecosystem stability and growth.

RFC announces plans to establish an international hub in Dubai, marking a significant milestone in its global expansion journey. Details of this venture will be unveiled in due course, reflecting RFC’s ambition to solidify its presence in the global market.

RFC’s innovative solution aims to replace traditional mining farms with a decentralized, low-energy-impact system, ensuring sustainability and cost-effectiveness.

Through local cluster nodes, RFC intelligently connects to primary pool services, optimizing hash accumulation and reducing electricity consumption.

RFC’s roadmap outlines strategic milestones, including the pre-sale, public sale, mining operations kick-off, and setting up an international hub in Dubai, paving the way for exponential growth and market expansion.

With yearly revenue goals of $6 million to $7.2 million from mining operations and market cap milestones aiming for exponential growth, RFC promises lucrative returns and sustainable growth prospects.

Royal Finance Coin (RFC) epitomizes the fusion of technology, sustainability, and investment opportunity, offering a compelling case for investors seeking long-term value growth and environmental responsibility.

Join RFC’s journey at https://rfcofficial.io and become part of a revolution in digital finance.

To learn more, read the whitepaper at: https://whitepaper.rfcofficial.io/

Join the conversation at:
Telegram: https://t.me/+bnQiqbu07zI4ZWQ0
X (formely Twitter): https://twitter.com/rfcoinofficial
Instagram: https://www.instagram.com/rfccoinofficial

MetaComp Pte Ltd, a leading Monetary Authority of Singapore (MAS) licensed Singapore fintech company that specializes in blockchain technology and digital assets, and its affiliates (collectively referred as MetaComp), is proud to announce a strategic partnership with Harvest Global Investments Limited (HGI), a leading asset management company licensed with the Securities and Futures Commission of Hong Kong. HGI is among the pioneering Chinese asset management firms to establish subsidiaries abroad. The Memorandum of Understanding executed between MetaComp and HGI marks a significant step towards potentially broadening the accessibility of innovative financial products globally with special emphasis on the recently announced cryptocurrency spot ETFs which will be expected to start trading on the Hong Kong Stock Exchange from 30 April 2024 onwards. This follows the announcement by HGI that they have received authorization from Hong Kong’s Securities and Futures Commission to launch the highly anticipated cryptocurrency ETFs.

The core of the partnership revolves around MetaComp and its affiliates’ commitment to make HGI’s cryptocurrency spot ETFs available, through MetaComp’s proprietary Client Assets Management Platform, also known as CAMP by MetaComp, utilizing its technological and market expertise to introduce these products under the appropriate regulatory framework to Singapore investors and beyond. This initiative not only aims to expand the global footprint of HGI’s ETFs but also allows MetaComp and its affiliate to enrich its wealth solution portfolio with highly sought-after financial products.

In addition to the crypto-ETF distribution, the collaboration will also explore opportunities for the integration of HGI’s various asset management solutions into MetaComp’s service offerings. MetaComp will also provide HGI access to its Digital Payment Token suite of services. Through the strategic collaborative efforts by both companies, they are hoping to forge a symbiotic relationship that will allow both companies to leverage on their strengths.

The alignment with HGI allows MetaComp to tap into the scale and expertise of a leading global financial player, significantly enhancing its service capabilities and market reach. This partnership is designed to serve not just the existing clientele of both entities but also to capture new segments eager for advanced financial solutions across traditional finance and crypto finance.

Dr Bo Bai, Chairman and Co-Founder of MetaComp shared: “This strategic alliance with Harvest Global Investments Limited reaffirms MetaComp’s commitment to being the bridge that links traditional finance with crypto finance. We are confident that our partnership with Harvest Global Investments Limited will prove to be mutually beneficial. With Harvest’s expertise in asset management and MetaComp’s robust capabilities in providing a comprehensive suite of digital payment solutions, we are poised to deliver unparalleled value to our clients and the market.”

For more detailed information on this partnership and to stay updated on future developments, please visit www.mce.sg.

About MetaComp Pte Ltd (www.mce.sg)

MetaComp is a leading Singapore-based digital asset platform that is licensed and regulated by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. Operating under a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an integrated end-to-end suite of services to its clients, empowering them to confidently enter the digital asset market with the much-needed safety, security, and compliance. Together with its parent company, Metaverse Green Exchange Pte. Ltd. (a MAS-licensed CMS holder permitted to carry out, inter alia, brokerage and custody services), MetaComp introduces its suite of services through CAMP by MetaComp, a regulated Client Assets Management Platform, allowing businesses to develop and scale their digital asset offerings through OTC and exchange trading services, fiat payment, digital asset custody and prime brokerage.

The world’s first AI trading bot designed to revolutionize the financial markets is now available. Nexus AI combines cutting-edge AI algorithms with advanced quantum computing capabilities to deliver unparalleled speed, accuracy, and profitability.

The launch of Nexus AI marks a significant milestone in the evolution of AI-driven trading technology. With traditional trading methods becoming increasingly outdated in today’s fast-paced markets, Nexus AI offers investors a revolutionary solution to stay ahead of the curve and maximize their investment returns.

The Nexus AI Trading software is simple to understand and intuitive, allowing traders to make trades using fully automated AI software without any complexities. By leveraging the power of cutting-edge technology and advanced algorithms, Nexus AI is powered by state-of-the-art AI algorithms that analyze market trends, patterns, and correlations with unparalleled accuracy. These advanced algorithms enable Nexus AI to make informed trading decisions based on real-time data, helping investors achieve outstanding returns.

As the world’s first AI trading bot, Nexus AI is at the forefront of a new era in investment technology. By combining the latest advancements in AI and quantum computing, Nexus AI offers investors a glimpse into the future of trading, where speed, precision, and adaptability are paramount. The future of trading is here, and it’s powered by Nexus AI.

The software enables investors to execute trades with unparalleled accuracy and efficiency by harnessing advanced AI algorithms and real-time market analysis – with Nexus AI, every trade is based on data-driven insights and objective research, giving you the confidence to make informed decisions and maximize your investment returns while minimizing risk.

In today’s fast-paced markets, staying ahead of the curve is essential for success. By continuously monitoring market conditions, analyzing trends, and identifying emerging opportunities, Nexus AI keeps investors one step ahead of the game. Whether you’re a seasoned trader or just starting, Nexus AI gives you the edge you need to stay ahead of the curve and thrive in today’s competitive financial landscape.

Nexus AI prioritizes the security of investors’ assets with robust encryption protocols and secure authentication mechanisms. Investors can trade with confidence, knowing that their funds are protected against cyber threats and hacking attacks.

Investors can achieve long-term goals with Nexus AI by taking control of their financial future. Whether you’re looking to build wealth, secure your retirement, or simply grow your investment portfolio, the software provides all the tools and resources you need to succeed in today’s dynamic markets. With Nexus AI, investors can embark on a journey toward financial freedom like never before.

“We are thrilled to introduce Nexus AI to the world,” said Andrew Fischer, CEO of Nexus AI Trading. “With its unparalleled scalability, accuracy, and adaptability, Nexus AI represents a game-changing innovation in the field of AI-driven trading technology. We believe that Nexus AI will empower investors to achieve their financial goals with confidence and ease.”

Nexus AI is now available for investors worldwide. To learn more about Nexus AI and start trading with the world’s first AI trading bot, visit Nexus AI today.

Website: https://ainexusbot.com/

XION, the first blockchain purpose-built for mainstream adoption, today launched its user-friendly Chain Abstraction solution. XION’s Chain Abstraction combines XION’s ease-of-use with seamless composability of users, apps, and liquidity across connected blockchains, beginning today with Injective.

XION aims to make Web3 easier to navigate for all users by abstracting away its inherent complexities. Through familiar Web2 methods like email, users can seamlessly interact with XION applications across all devices, including desktop and mobile. Users can also enjoy a frictionless experience reminiscent of traditional Web2 platforms without the concerns associated with blockchain technology, such as gas fees. Today’s Chain Abstraction launch serves as an extension of these functionalities to other connected blockchain ecosystems.

“Just like the internet, users shouldn’t need to know which infrastructure applications they are using are built on. All that matters is that it works,” said Burnt Banksy, a core contributor to XION. He added, “We’re proud to launch Chain Abstraction as it vastly accelerates XION’s impact in making Web3 accessible to all users.”

Previously, cross-chain usability has been notoriously difficult for users to navigate and has resulted in fragmentation across ecosystems. However, with Chain Abstraction, XION aims to reshape the historically competitive nature of L1s – who typically fight for users, liquidity, and developers – to enable mainstream adoption. Through the inaugural integration with Injective, users can utilize Talis with their XION account, without needing to grapple with complexities such as cross-chain bridging, browser plugins, seed phrases, gas fees, and transaction signing.

XION will progressively roll out its user-friendly Chain Abstraction to many more ecosystems. Interested users can try XION’s Chain Abstraction on testnet today.

About XION

XION is the first layer one blockchain purpose-built for consumer adoption through crypto abstraction. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION enables secure, intuitive, and seamless user experiences. The project has previously raised over $32M from top-tier investors, including Animoca, Circle Ventures, Multicoin, Draper Dragon, Spartan, and more.

To learn more about XION, follow @burnt_xion on Twitter, or visit xion.burnt.com.

MAKE, a blockchain technology innovation firm, with the support of the Casper Association, have announced an exclusive partnership with D3 Global, a next-generation domain name company developing interoperable digital identities, to apply for and obtain the .cspr Top-Level Domain (TLD) during ICANN’s upcoming application window.

By partnering with D3, MAKE and Casper aim to drive accessibility and growth in Web3, by cutting the barriers to access blockchain ecosystems and integrating existing Internet infrastructure used by over 5 billion people worldwide. The Domain Name System (DNS) is universally recognized and used by nearly all governments, and enterprises across the globe. Bridging Web3 and DNS uniquely fits Casper’s strategy of enabling long-term solutions to real-world business challenges.

D3’s patent-pending platform is set to integrate traditional Internet and Web3 ecosystems to deliver enhanced utility, security, and universal access for what the company calls ‘real Web3 domains.’ The company is set to change the status quo, setting its sights on existing Web3 naming solutions, which do not offer interoperability with traditional Internet infrastructure, including support for the DNS, browsers, email, smart devices and more.

“Our partnership with D3 will allow Casper to become more accessible and scalable than ever. Every single day billions of people across the world use domains to navigate the Internet, the .cspr top-level domain will allow us to bridge the gap between Internet and blockchain technology,” said Ralf Kubli, Director at Casper Association.

“We look forward to working with D3 to develop futureproof, interoperable digital identities that offer our users and partners a host of new functionality and utility within the Casper ecosystem. Domains are universal and will be key to onboarding and scaling Casper’s enterprise blockchain solutions,” said Michael Steuer, Co-Founder and CTO at MAKE.

“We’re excited to welcome MAKE and Casper on our journey to cut down the barriers between Web3 and Internet infrastructure. The Domain Name System has been instrumental in making the Internet accessible and navigable for over 40 years and soon it will make Web3 and the Casper ecosystem just as easy to access and explore,” said Fred Hsu, Chief Executive Officer at D3.

Through their partnership, the three entities aim to onboard the next billion users to Web3 through ‘real Web3 domains’ that will offer accessibility and seamless integration with billions of Internet enabled devices.

About MAKE

MAKE invests in and develops innovative technology in high-impact industries, such as public health and blockchain. In public health, MAKE enables policy makers to make data-informed decisions about public health policies on a global, national and local basis. In blockchain, MAKE specializes in developing secure and user-friendly solutions for decentralized ecosystems. With a commitment to innovation and a focus on delivering real-world benefits to users, MAKE is at the forefront of the blockchain revolution.

For more information, please visit: https://makegroup.io

About Casper Network

The Casper Association is the not-for-profit, Switzerland-domiciled organization responsible for overseeing the Casper network and supporting its organic evolution and continued decentralization. By seamlessly integrating with existing technology stacks, Casper empowers both small and large organizations to harness the full potential of blockchain technology and create solutions that address real-world challenges. Utilizing open web standards, Casper enables the rapid development of cutting-edge blockchain applications.

For more information, please visit: https://casper.network

About D3 Global

D3 Global is a digital infrastructure provider that delivers secure, decentralized, and interoperable identities on the root layer of the internet – the Domain Name System (DNS). D3’s patent-pending platform will be the first to deliver real domain names that seamlessly bridge the gap between traditional Internet infrastructure and Web3 ecosystems. D3 team consists of industry veterans with over three decades of collective experience, known for leading domain name monetization, internet protocols, and various TLD operations including .xyz, .inc, .tv, and .link.

Learn more about D3 at https://www.d3.app/

Galactica’s recent launch of their identity Layer 1 TestNet heralds a significant breakthrough, paving the way for under-collateralized lending and compliant Real World Assets (RWA) integration. This development holds the promise of seamlessly channeling trillions of dollars of liquidity from traditional finance (TradeFi) into decentralized finance (DeFi), reshaping the financial landscape.

Why you should care

The emergence of compliant yet privacy-preserving digital identity solutions, along with the concept of augmented reputation, represents a monumental advancement in the crypto sphere. These innovations are often hailed as the “Holy Grail” of crypto, offering a multitude of benefits.

With Galactica’s technology, expect heightened capital efficiency within DeFi, the ability to trade traditional assets such as Nvidia stocks or SpaceX equity on decentralized platforms like 1 Inch — even on weekends — and the convenience of purchasing corporate bonds or T-bills via Decentralized Exchanges (DEX). Moreover, envision securing a mortgage for a new Airbnb apartment in Tulum using your global credit score.

Beyond finance, this technology opens doors to hosting national elections securely and fostering entirely new digital communities or nations.

How it works

Galactica’s blockchain operates as a layer 1 protocol, distinguished by the introduction of groundbreaking primitives — akin to Lego building blocks — that revolutionize the landscape.

These primitives enable the creation of a compliant, privacy-preserving sovereign identity, along with the seamless validation and integration of on-chain, cross-chain, and off-chain data to construct augmented reputation systems.

Become a Galactican today and join their community, you’re still early!

About Galactica Network

Galactica Network is a layer-1 solution with the most flexible RegTech stack and DeSoc primitives. By leveraging zkKYC, dynamic whitelisting primitives and proofs over users’ Web3 footprints, it achieves a strong form of Sybil resistance and enables protocol-level, compliant privacy.

To learn more about this project, please visit its website: https://galactica.com.

Saakuru announced some recently reached milestones in its development, which put it at the forefront of the gasless blockchain revolution currently disrupting the industry. The consumer-centric L2 protocol entered the top 5 brands in its niche within 9 months of launch. Moreover, according to data from DappRadar, it records over 1.44 million/week.

Saakuru is preparing for the official launch of its Saakuru token ($SKR) before the end of April. The project also successfully raised $2.4 million in an oversubscribed private funding round to develop its protocol.

The Saakuru Protocol is an up-and-coming proponent of gasless technology, considered by many an accelerator of Web3 adoption into the mainstream. Its mission is to improve the user experience for both developers and end users and drastically reduce costs. These enhancements should forever change the blockchain landscape, enabling the development of more versatile decentralized applications boasting higher security standards, cost-effectiveness, and ease of use.

As of 2024, blockchain technology is stagnating and used mainly for crypto trading. Also, the broadly adopted Ethereum model, based on gas fees fluctuating depending on network use, can lead to high costs and a disappointing user experience. Lastly, most blockchain networks face significant security issues, deterring new users from onboarding promising projects.

Saakuru has developed a public-permission, gas-less L2 blockchain powered by Oasys High-Speed Optimistic Rollups. The network’s design eliminates gas fees, significantly improves user experience, and proposes new tokenomics models. For instance, it enables the easy creation and execution of token contracts, including features like vesting, staking, data tracking, and management. This approach differs significantly from most layer-2 blockchain networks, which rely primarily on governance tokens.

The Saakuru token is a multi-purpose token ensuring utility and governance for the Saakuru Protocol. It uses an advanced burning mechanism to gradually reduce its supply while potentially increasing its value. The token is involved in all the operative layers of the Saakuru protocol:

• Developer Layer—Also known as Saakuru Labs, this feature provides several products and services with proprietary business models. The system burns the token with 10% of the profit.
• DeFi Layer — This feature is facilitated by Taffy DEX technology, and 0.005% of every fee collected from on-chain and cross-chain transactions throughout the Taffy DEX protocol is converted to SKR tokens and burned.
• Governance Layer — SKR token holders can use their tokens to participate in the protocol’s governance model. Moreover, 5% of the tokens used to initiate the review process are burned.
• Protection Layer — The SKR token is burned if the SKR token protection mechanism is triggered, and 3% of saved tokens will be burned.

The Saakuru team believes the protocol’s gas-less operations will drive quick and consistent adoption of the SKR token. Moreover, developers can stake their SKR tokens to refill their credit balances monthly and drive the ecosystem’s growth.

Another aspect that should increase demand for gas-less blockchain networks like Saakuru is the outdated properties of the currently available external wallet model. The Saakuru team believes developers and users will soon adopt the embeddable model, defined by increased security and numerous configurable features in any mobile app in one day. This type of wallet can provide a better, user-friendlier experience without reducing security.

The Saakuru protocol will also feature prebuilt, easy-to-launch modules for basic Web3 interoperability functions, such as smart contract event tracking and interaction APIs. It will also have an NFTs CRM and zkNFTs verification layer, allowing businesses to integrate Web3 technologies seamlessly into their operations.

About Saakuru

Saakuru takes a new, innovative approach to Web3 and proposes a blockchain that doesn’t charge gas fees, maintains stability through top security practices, and fosters new projects, applications, and ideas. To this end, the team launched the Saakuru Developer Suite, a comprehensive toolset that includes libraries and APIs and enables developers to create applications faster.

The development team behind Saakuru has more than ten years of experience making Web2 products and six years of experience in Web3 applications, both from the developer’s and business sides. Their experience enabled them to discover the primary issues of decentralized production that prevented them from reaching mainstream use.

Saakuru benefits from increasing support from the industry, including prominent educators on blockchain technology, such as Ivan on Tech, an angel investor in the Saakuru Protocol.

XVC Tech, has invested in TradeTogether, a leading Web3 wealth manager based in Singapore. The venture capital firm founded by the creators of the XDC Network blockchain.

XDC Network’s ecosystem includes RWA dApps focusing on Private Credit (TradeFinex), Trade Finance (XDC Trade Network), tokenized gold (Comtech Gold) and tokenized US Treasuries (Yieldteq powered by Tradeteq).

Ritesh Kakkad, co-founder of XVC Tech, noted, “TradeTogether approached XVC with a strong emphasis on compliance, which is key in sectors like private credit and trade finance. We believe this focus on compliance will attract more institutional adoption, leading to increased utilization of the XDC Network’s use cases.”

Added TradeTogether’s CEO Geoff Ira, “XDC Network is a robust Enterprise-grade Layer 1 blockchain with a strong focus on Real-World Assets (RWA). We eagerly anticipate collaborating with XDC and its ecosystem of dApps to develop top-tier Web3-centric funds, driving intelligent capital into RWAs and Web3, while adhering to regulatory compliance standards.”

TradeTogether introduces two innovative investment options

1. Firstly, the TradeTogether Bitcoin Advantage Fund, allows clients to invest in Bitcoin with added protection against market downturns, offering a better experience than traditional ETFs.
2. Additionally, TradeTogether provides high-net-worth individuals and financial institutions with transparent solutions in tokenized bonds and Web3 products for receivable financing, moving away from the DeFi platform model.

TradeTogether has prominent co-investors such as Orbit Startups, Tenity, Boleh Ventures and Leo Ventures. Other Angel investors who participated in TradeTogether’s funding round since it’s inception includes Samuel Rhee (Chairman of Endowus), Varun Mittal (Group Head Innovation Singlife), Reuben Lai (Former Senior MD Grab Financial Group), Mx Kuok (KUOK Family), E. BABA de Rothschild (EGR Partners), Chandrima Das (Ex bento founder acquired by Grab), Nicolas Gallet (Gallet Capital), David Bachelier (CEO Asia at Flowdesk).

About XVC Tech

Founded by the co-founders of XDC Network, Atul Khekade and Ritesh Kakkad, XVC Tech is a US $125mn Fund focussed on exploring investment opportunities in NextGen Technology Solutions. Portfolio companies include DeGaming, a decentralized i-gaming infrastructure protocol, Bolero, a platform fractionalizing IP of music assets via smart contracts or Truflation, an oracle for RWA, indexes and inflation.

Current areas of focus include RWA, Web3 infrastructure, AI, and DePIN. For Web3 startups looking to make an impact, new investment opportunities are actively being sought. Users interested in learning more can visit XVC Tech at XVC.Tech to get in touch.

About XDC Network

The XDC Network is an open-source, carbon-neutral, enterprise-grade, EVM-compatible, Layer 1 blockchain, operational since 2019 focusing on Enterprise use cases such as Trade Finance, Payment and RWA tokenization. More details at: Xinfin.org

About TradeTogether

TradeTogether Pte Ltd is a pioneering Web3 digital asset management company based in Singapore. Operating under a regulatory exemption since October 25, 2021, TradeTogether is at the forefront of innovative financial solutions in the digital asset space. Led by CEO Geoff Ira, who has a strong background in the financial and banking industry. For more information, users can visit TradeTogether.com

Safe, the leading smart wallet infrastructure, with more than $100 billion in value of digital assets secured, has welcomed the senior leadership team of Multis to the Safe Ecosystem Foundation and completed the strategic acquisition of the Multis source code; Multis is an all-in-one financial software designed for crypto businesses. At the same time, Thibaut Sahaghian, the former CEO of Multis, is set to take on the new role of Network Abstraction Lead as a core contributor within the Safe ecosystem, where he and his team will continue their work towards enabling businesses and individuals to adopt and easily use digital assets every day.

With this move, Safe embarks on the next phase of its mission to simplify, improve, and enhance Web3 user experience. Leveraging their unique collective expertise, the Safe and former Multis team members will collaborate to solve the complexities of cross-chain interaction through network abstraction, with the end goal of enabling users to manage assets across diverse blockchain networks effortlessly.

As crypto usage soars, the demand for faster and more cost-efficient transactions has led to the rise of Layer 2 networks built atop the Ethereum mainnet (Layer 1), aiming to enhance scalability. However, this growth has considerably fragmented the blockchain landscape, complicating the development of user-friendly, on-chain applications and wallets. Addressing this complexity through network abstraction, which simplifies asset management across various blockchains, is crucial for setting the stage for mainstream adoption—a vital goal for the Ethereum community.

“The demand for Safe’s services is skyrocketing, particularly from emerging L2 ecosystems seeking robust infrastructure support to help users manage their digital assets. As we expand, simplifying the cross-network experience becomes crucial,” noted Richard Meissner, co-founder of Safe. “The synergy between Multis and Safe will undoubtedly help us become a staple in these evolving networks and beyond.”

Thibaut added, “Joining Safe is a game-changer for us. We’ve already been harnessing Safe’s robust infrastructure for years, and this is a new journey for us. It empowers us to broaden our mission, tapping into Safe’s expansive platform and extensive user base. Together, we’re set on building an ecosystem where digital assets and applications interact seamlessly across multiple networks, easing the path to adoption and creating a more integrated blockchain world.”

This strategic acquisition marks a turning point for Safe. It aligns with Safe’s recent collaboration with Coinbase-incubated Base to make smart accounts the standard on Ethereum. This announcement furthers Safe’s commitment to providing a seamless and secure foundation for managing assets within exploding L2 ecosystems on Ethereum.

About Safe

Safe (previously Gnosis Safe) is an onchain asset custody protocol, securing ~$100 Billion in assets today. It is establishing a universal ‘smart account’ standard for secure custody of digital assets, data, and identity. With Safe{Wallet}, it’s flagship web and mobile wallet and Safe{Core} account abstraction infrastructure, Safe is on a mission to unlock digital ownership for everyone in web3 including DAOs, enterprises, retail and institutional users.

About Multis

Multis offers a comprehensive financial software solution, empowering DAOs and enterprises to seamlessly manage transactions with both USD and digital assets, across multiple networks. Historically backed by Sequoia Capital and Y Combinator, Multis has been a front-runner in enhancing the crypto business user experience, now set to amplify its impact with Safe.