ecosystem - FinTecBuzz

Boom Launches its DeFi Ecosystem To Lead the Unbanked Generation

GlobeNewswireSeptember 23, 20244 min

Boom DeFi Ecosystem is a secure, self-custodial platform providing e-commerce solutions and financial autonomy without traditional banking Boom Technologies (“Boom”), a DeFi unicorn and e-commerce provider for the unbanked, has announced the official launch of its decentralised finance market infrastructure, a secure and comprehensive e-commerce solution designed to empower the world’s unbanked and underbanked population. The new ecosystem offers individuals and businesses a self-custodial approach to full participation in the global digital economy without the...

Blockchain

Anchorage Digital Launches Institutional Access to ZKsync Ecosystem

PRNewswireAugust 19, 20244 min

Anchorage Digital First Institutional Custodian to Support ZKsync Asset Custody, Governance

Blockchain

Binance Labs Invests in Solayer to Boost Solana Restaking Ecosystem

Binance LabsAugust 8, 20245 min

Binance Labs, the venture capital and incubation arm of Binance, has invested in Solayer, a leading restaking network on Solana. Their aim is to empower on-chain decentralized applications (dApps) with improved network bandwidth while securing the L1 at the same time. Built natively on Solana, Solayer leverages the economic principles of proof-of-stake to extend the security of Solana’s base layer towards other decentralized systems and dApps. This innovative approach enables users to participate in a...

Crypto Currencies

HTX Ventures Invests in Nexio to Enhance The Bitcoin Ecosystem

PRNewswireAugust 7, 20245 min

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Nexio. Nexio is an innovative Bitcoin scaling solution that employs parallelized ZK Rollup with MoveVM. Powered by MoveVM, Nexio’s parallelized Bitcoin rollup supports over 30,000 transactions per second while maintaining gas fees below $0.01, making it ideal for high-frequency applications. This technology addresses critical challenges in the Bitcoin ecosystem, including slow transaction times, high gas fees, and inadequate tooling...

Investments

AIConnect Foundation Announces $10 Million Ecosystem Support Fund

GlobeNewswireJuly 1, 20248 min

Recently, AIConnect Foundation announced the establishment of a $10 million ecosystem support fund aimed at supporting and nurturing outstanding blockchain projects worldwide. This move not only demonstrates AIConnect’s firm belief and long-term commitment to blockchain technology but also marks an important step forward in promoting technological innovation and ecosystem development. According to AIConnect Foundation, blockchain technology has the potential to empower both the cryptocurrency and real-world economies. This requires active participation and promotion from all sectors to...

Investments

GAINS Associates Bolsters Ecosystem with Three Top Advisors

GlobeNewswireMay 28, 20244 min

GAINS Associates, a pioneer in decentralized venture capital, is thrilled to announce the strategic addition of three new advisors to its robust ecosystem. These appointments come at a crucial time as GAINS continues to push the boundaries of decentralized finance and expand its global influence. The new advisors, Walid Benothman, Evan Luthra, and Jonathan Faye, bring a wealth of experience and expertise that will undoubtedly fortify GAINS Associates’ market position and help spearhead innovative developments....

Crypto Currencies

Cwallet and Microcosm Labs to Elevate the TON Ecosystem

PRNewswireMay 23, 20244 min

In the aftermath of Bitcoin’s latest halving event, the TON ecosystem has witnessed a remarkable surge, highlighted by its participation in the 2024 Token2049 event in Dubai. Riding this wave of enthusiasm, Cwallet, one of the earliest wallets to support the TON blockchain, is at the forefront of harnessing the potential unleashed by this burgeoning technology. Cwallet has strategically positioned itself to take advantage of the explosive growth of the blockchain by being an early adopter of TON....

Blockchain

EMURGO Engages With GSR to Strengthen Cardano Blockchain Ecosystem

PRNewswireMay 7, 20244 min

EMURGO connects GSR and its vast strategic resources to the Cardano ecosystem.

Payments

PayToMe.co elevates fintech ecosystem as Official Plaid Partner

PRNewswireMarch 11, 20244 min

Expanding Global Reach with Dual-Service Offering from PayToMe.co and Plaid

Payments

Jupiter integrates with Mercuryo for crypto ecosystem growth

PRNewswireJanuary 30, 20244 min

Jupiter, the largest decentralised trading aggregator based on the Solana blockchain, has partnered with Mercuryo, a global payments infrastructure provider. This is the first strategic partnership by Jupiter when it comes to payment providers, and it sets the goal of using Mercuryo’s On-Ramp services to bring more people into Solana and the crypto ecosystem in general. Solana ecosystem has quickly risen to become one of the best industry performers in 2023, outpacing Ethereum in a number of metrics. In December, the network recorded almost 16 million active addresses. Meanwhile, the...

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