Bangkok, Thailand, April 25th, 2025, Chainwire
Saison Capital, BRI Ventures, and Coinvestasi have officially launched Tokenize Indonesia, a new accelerator program aimed at identifying and supporting Real-World Asset (RWA) start-ups in the blockchain and tokenization space. The initiative seeks to drive innovation and adoption of tokenized assets in Indonesia, building on findings from the November 2024 report “Project Wira – Indonesia’s Asset Tokenization Opportunity”, which estimates a US$88 billion market potential for asset tokenization in the country.
Tokenize Indonesia will run from April to August 2025, and shortlisted start-ups will run Proof Of Concepts (POCs) with leading corporations across Indonesia, including financial institutions like Bank Rakyat Indonesia (BRI) and telecommunication providers like Telkom Indonesia. The program culminates in August when shortlisted start-ups will be showcased at Asia’s largest crypto festival, Coinfest Asia, on 21 – 22 August in Bali.
The launch announcement for Tokenize Indonesia was made at ONCHAIN 2025 – an annual conference led by Saison Capital, D3 Labs, Helix, and Emurgo – which brings together leading investors, founders, and leaders in the RWA industry across both traditional finance and fintech. This year over 500 people attended the event in Bangkok.
“At Saison Capital, we believe that blockchain technology and its widespread benefits are foundational in shaping the future of inclusive finance, transforming existing financial systems, and creating more equity for all. Despite the current market volatility, we remain active investors in blockchain startups solving real-world finance problems. It is crucial that we rally key partners to drive greater support for founders to solve existing challenges faced by corporations, and are glad to have found like-minded partners such as BRI Ventures and Coinvestasi,” said Qin En Looi, Partner at Saison Capital.
“As the venture arm of one of Indonesia’s leading financial groups, BRI Ventures is committed to continuously exploring and investing in transformative technologies that will shape the future of finance in Indonesia. Our goal is to foster meaningful collaboration between well-established financial institutions and innovative, fast-moving technology partners. By bridging these two worlds, we aim to catalyze sustainable growth, drive financial inclusion, and accelerate the adoption of digital assets across Indonesia, said Markus Liman Rahardja, Chief Investment Officer at BRI Ventures.
“With over 20 million crypto users, Indonesia now ranks third globally in web3 adoption—clear evidence of a thriving ecosystem. We are witnessing rapid growth in developer talent, institutional engagement, and regulatory clarity, all laying the foundation for long-term progress. At Coinvestasi, our role is to connect the ecosystem: fostering dialogue, sharing insights, and enabling partnerships that drive the industry forward,” said Steven Suhadi, Founder of Coinvestasi.
Indonesia’s blockchain and tokenization ecosystem is evolving rapidly, supported by a tech-savvy demographic, an expanding middle class, a growing fintech sector, and increasing adoption of digital payment infrastructure. These factors are contributing to the foundational environment for blockchain-based innovations to emerge and scale.
Project Wira, a report developed by BRI Ventures, Saison Capital, D3 Labs, and Tiger Research, highlights blockchain’s potential to transform Indonesia’s financial ecosystem. 7% of Indonesia’s population own digital assets, far surpassing the 6.4 million stock investors on the Indonesia Stock Exchange (IDX), with more potential for greater adoption to come. Innovations have already been sprouting up in the areas of digital money, commodities, bonds, carbon credits, and real estate. The report estimates that demand for asset tokenization in Indonesia could reach US$88 billion by 2030.
For RWA start-ups interested in capturing the immense opportunity in Indonesia, users can apply to Tokenize Indonesia: https://tokenizeindonesia.com
About Saison Capital
Saison Capital is an early-stage venture capital fund (pre-seed to Series B) with a focus on emerging markets. The firm backs ambitious founders at the pre-seed or seed stage and focuses on web3, fintech, and commerce.
Operating from the Asia Pacific region but deploying capital on a global scale, Saison Capital harnesses Credit Saison’s extensive financial services operating background and resources across key markets, including Singapore, Indonesia, India, Vietnam, Thailand, Philippines, Cambodia, Japan, Brazil, and Mexico. Saison Capital is a wholly-owned subsidiary of Credit Saison.
About BRI Ventures
BRI Ventures is the corporate venture capital arm of Bank Rakyat Indonesia (BRI), Indonesia’s largest and most inclusive bank. With a mission to drive innovation and financial inclusion, BRI Ventures invests in early to growth-stage startups that are reshaping the future of financial services, MSME empowerment, and the digital economy. Backed by BRI’s deep expertise in financial services and extensive reach, BRI Ventures provides not just capital, but also strategic support, market access, and collaborative opportunities to help visionary founders scale their impact across Indonesia and beyond.
About Coinvestasi
Coinvestasi is Indonesia’s top Web3 and crypto media platforms, reaching 4M+ users monthly. As part of Indonesia Crypto Network (ICN)—the parent company behind major initiatives like Coinfest Asia— Coinvestasi connects global projects with local audiences and drives Web3 adoption across the ecosystem.
Contact:
Looi Qin En
Saison Capital
qinen@saisoncapital.com
Contact
Andrew Cheong
Saison International
andrew.cheong@saison-international.com
Covent Garden, UK, April 24th, 2025, Chainwire
FLock.io, the private AI training platform, has announced a collaboration with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to harness Alibaba Cloud’s Large Language Model(LLM) Qwen and cloud technologies to create advanced AI models for both domain-specific and general purposes.
Under the collaboration, FLock.io will create various AI models utilizing infrastructure and products from Alibaba Cloud. In the future, both sides will leverage their technical expertise to explore research opportunities and use cases in AI fields.
Beyond technical integration, FLock.io will cooperate with Alibaba Cloud to facilitate joint research initiatives, leveraging the collective knowledge and resources to explore new applications in both centralized and decentralized artificial intelligence.
“Partnering with Alibaba Cloud’s Qwen represents a transformative step forward for FLock.io. By leveraging the strengths of blockchain technology and federated learning, we are creating an environment where secure, privacy-preserving model training can drive real-world innovation,” said Jiahao Sun, Founder and CEO of FLock.io. “This collaboration goes beyond merely constructing superior AI models; it represents decentralized AI and blockchain technology successfully penetrating traditional AI sectors and achieving their product-market fit.”
Qwen, developed by Alibaba Cloud, is one of the most advanced open-source LLMs available today. Since its debut in April 2023, Qwen has been adopted by over 290,000 enterprises across industries, from automotive, manufacturing, and finance to gaming, healthcare, and robotics. Accessible via Alibaba Cloud’s generative AI development platform Model Studio, Qwen has been embraced by global businesses and developers.
About FLock.io
FLock.io is the first decentralized AI training platform, combining Federated Learning and blockchain to revolutionize AI development. It enables secure, privacy-preserving training without centralizing data, allowing communities to collaboratively create, train, and own AI models.
FLock.io’s ecosystem consists of three key components: AI Arena, a platform for competitive model training; FL Alliance, a privacy-focused collaboration framework that enhances models while preserving data sovereignty; and Moonbase, a decentralized platform that hosts and refines AI models, rewarding contributors and driving the growth of the DeAI ecosystem.
Users can learn more at FLock.io.
Contact
Ops Lead
Leo
FLock.io LTD
hello@flock.io
DUBAI, UAE, April 24, 2025 /PRNewswire/ — The Blockchain for Good Alliance (BGA), a global non-profit initiative, together with United Nations Development Programme (UNDP) and EMURGO Labs, has launched the SDG Blockchain Accelerator — a global effort aimed at harnessing blockchain-powered social impact initiatives across the UN Sustainable Development Goals (SDGs). This program aims to equip UNDP personnel and partners with the knowledge, technology, support, and mentorship necessary to develop, pilot, and scale blockchain-based solutions addressing real-world economic development challenges.
Supported by a global network of industry experts, this multi-year accelerator will onboard two cohorts annually, each running for a four month period, focusing on capacity building, solution development, and ecosystem growth. Leveraging Cardano’s infrastructure and EMURGO Labs’ expertise, the program will deliver up to 40 blockchain solutions aligned with the SDGs, create an open-source resource hub, and promote cross-chain collaboration to broaden the impact of blockchain across the development sector.
Led by BGA Managing Partner Glenn Tan and members of the UNDP AltFinLab, the collaboration will span five global regions, offering funding and strategic support to blockchain projects tackling challenges across the 17 SDGs.
“At UNDP, we believe blockchain is not just a technology — it is a transformative force capable of reshaping how we address humanity’s most pressing challenges. This accelerator program is more than an initiative; it is a call to action for innovators worldwide to harness blockchain’s power to drive sustainable development. By fostering bold collaboration and leveraging its transparency and efficiency, we are paving the way for groundbreaking solutions that can uplift communities globally,” commented Teodor Petricevic, UNDP Accelerator Lead.
As a founding supporter of the Blockchain for Good Alliance, Bybit has worked closely with BGA across various initiatives to promote the use of blockchain for public good. Through its “Bybit Pool” initiative, the crypto exchange has committed US$1 million in funding to support EthicHub, a blockchain platform empowering and enabling smallholder farmers. This contribution supports ethical financing models and showcases blockchain’s potential in building transparent supply chains.
Expanding Impact Across Europe
BGA marked a significant milestone in January 2025 with its formal expansion into Europe, joining the UNDP Brussels Roundtable “Empowering the Future: A Strategic Dialogue on Emerging Technologies and Impact Entrepreneurship in the Western Balkans”. The roundtable brought together 30 key delegates from the UNDP, European Commission, top Web3 foundations, tech hubs, and policy think tanks — including the Ethereum Foundation, Solana Labs, Stellar Development Foundation, Algorand Foundation, Cardano Foundation, Celo, Metis, Cotrugli Business School, Science Technology Park Belgrade, BlackVogel, and the World Metaverse Council.
As part of its broader European strategy, BGA is actively engaging in grassroots initiatives, forging strategic partnerships, and contributing to high-level policy dialogues. With blockchain increasingly recognized as a catalyst for transparent, inclusive, and sustainable development, BGA welcomes collaboration with like-minded organizations to advance real-world solutions and establish blockchain as a pillar of digital equity and innovation across the continent.
#Bybit / #TheCryptoArk / #BGA
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube
About Blockchain for Good Alliance (BGA)
The Blockchain for Good Alliance (BGA) is a long-term collaborative non-profit initiative with key partners with the main aim to contribute to societal good by using blockchain technology to solve real world problems. By convening leaders, innovators, and organisations from across the blockchain community, BGA seeks to drive innovation, collaboration, and action towards a more sustainable and equitable world.
For more information
Email: hello@chainforgood.org
Website: www.chainforgood.org
Twitter: www.x.com/chainforgood
About UNDP
UNDP is the leading United Nations organization fighting to end the injustice of poverty, inequality and climate change. Working with our broad network of experts and partners in 170 countries, we help nations to build integrated, lasting solutions for people and the planet.
Learn more at www.undp.org
Panama City, Panama, April 23rd, 2025, Chainwire
Hermetica, the Bitcoin-backed stablecoin issuer, has announced the launch of Hermetica 2.0. This significant upgrade introduces a redesigned application interface focused on institution-grade usability while upholding the uncompromising security principles of Bitcoin. Hermetica 2.0 also delivers unprecedented real-time transparency into the mechanics of its stablecoin.
This update will go live on April 23, 2025, at 10 am ET.
Hermetica 2.0 delivers a redesigned app interface focused on user-friendly, institution-grade usability, secured by Bitcoin’s robust technology. The update provides unprecedented real-time transparency through new dashboards displaying USDh’s reserve backing, trading venues, supply, and APY. In-app swaps of sBTC and Stacks assets for USDh are now possible via Bitflow, streamlining access to Bitcoin-backed DeFi. Hermetica 2.0 establishes a new benchmark for transparency and user experience in the Bitcoin stablecoin space, offering simpler and fully auditable financial tools.
“With Hermetica 2.0, we’ve completely reimagined the stablecoin experience—bringing the usability of modern finance to Bitcoin, without compromising on its core principles,” said Jakob Schillinger, CEO of Hermetica. “This release delivers institutional-grade performance with full visibility into what backs your USDh, where it’s traded, and what it’s earning, all from a clean, intuitive interface.”
“Building upon key technical innovations, apps on Stacks are now entering a growth phase where user experience and trust are key,” commented Mitchell Cuevas, Stacks Foundation. “Hermetica is demonstrating this evolution, positioning USDh to become a major player in the future of Bitcoin DeFi.”
About Hermetica
Hermetica is the creator of USDh, the first Bitcoin-backed, yield-bearing synthetic dollar designed for Bitcoin-native DeFi. With USDh, you can earn up to 25% APY on your dollars, all within the Bitcoin ecosystem. Our team brings decades of experience from leading crypto companies, including Kraken, to help build the future of Bitcoin finance.
Learn more: https://www.hermetica.fi/
Contact
Market Across
pr@marketacross.com
Zug, Switzerland, April 23rd, 2025, Chainwire
Keycard, a hardware wallet company backed by the Status team, is proud to announce the pre-sale launch of Shell, a revolutionary, fully open-source hardware wallet. Designed with modularity, transparency, and uncompromising security at its core, Shell enables users to seamlessly manage multiple wallets through interchangeable smart cards—called Keycards—for enhanced convenience and safety.
Early supporters can now pre-order Shell bundled with two Keycards at a discounted rate and gain access to exclusive pre-launch rewards ahead of its global release in October 2025.
Redefining the Hardware Wallet Architecture
Current hardware wallets often market themselves as transparent and open source, yet many lack true transparency in their designs—relying on closed-source components, exportable keys, or upgradeable secure elements that weaken user trust. Shell sets a new benchmark in wallet architecture.
“Hardware wallets need a complete rethink,” says Guy-Louis Grau, Project Lead at Keycard. “Users rarely realize that most hardware wallets allow private keys to be exported outside secure elements or rely on upgradable secure elements—both of which compromise the integrity and transparency of the device.”
Shell is powered by Keycard, an EAL6+ certified, open-source smart card that signs transactions and stores keys internally—ensuring they never leave secure hardware. Moreover, Keycard firmware is not upgradable by design, providing long-term assurance that the device behavior will never change post-manufacture.
Shell: Built for Transparency, Security, and Control
Shell is about more than security, it’s designed for those who demand verifiable control over their hardware and digital assets:
- 100% Open Source: Every layer—from chip software to hardware layout and 3D-printable casing—is verifiable and customizable, exceeding the transparency of leading competitors.
- Multiple Stealth Smart Cards: Users can store multiple seed phrases, or use backup cards safely—even if one card is lost, others remain secure.
- Air-Gapped Operation: Users can sign transactions safely using Shell’s integrated camera and QR-code interface—no USB, Bluetooth, or Wi-Fi connection to devices required.
- Duress PIN Support: Defends against physical coercion with a second PIN.
- Cross-Wallet Compatibility: Works seamlessly with major EVM and Bitcoin wallets like MetaMask, Rabby, BackPack,imToken, UniSat, BlueWallet and more using QR-based signing.
- Future-Proof Design: Easily replaceable battery extends the device life, and upgradable Keycards mean Shell adapts as cryptographic standards evolve—unlike most competitors.
Pre-Sale now Live: Limited Perks for Early Adopters
Customers who join the pre-sale will receive:
- A discounted Shell bundle with two Keycards
- Status Network KARMA rewards for participating in the growing ecosystem
️To reserve a Shell wallet and secure pre-launch rewards, users can join the pre-launch at: https://keycard.tech/keycard-shell
About Keycard
Keycard is a proud subsidiary of Status, a pioneer in the crypto industry known for its trusted products like the Status mobile wallet. With a focus on security, privacy, and user empowerment, Keycard continues to build hardware solutions that meet the evolving needs of the global crypto community.
Users can visit https://keycard.tech/keycard-shell
Contact
PR
Laura Guzik
Status
laura@status.im
Belize, Belize, April 23rd, 2025, Chainwire
As TOKEN2049 Dubai approaches, BC.GAME is preparing to present “Untamed Arena,” a side event scheduled for April 29 at Bla Bla Dubai. The gathering is expected to attract over 3,000 attendees and will feature an evening of music, community engagement, and appearances by high-profile figures from both the entertainment and crypto sectors.
Event Highlights and Appearances
“Untamed Arena” will include live performances from DJ Aster and DJ Siro and is set to host a range of guests, including:
- Antonio Brown, NFL All-Pro and Super Bowl champion, recently announced as BC.GAME’s brand ambassador
- CJ So Cool, digital content creator with over 9 million YouTube subscribers
- Influential Web3 figures including Sashimi, Poker Bunny, Yikesqq, and Jana
- Korean content creators Noah, YunJini, and Seo Ann
- Livestream personalities such as PeeguuTV, Japandy, and CookSux
The event aims to provide a platform for participants to explore the convergence of mainstream and blockchain cultures through music, community interaction, and various live experiences.
Integration of Web3 and Popular Culture
BC.GAME continues to establish a presence beyond the digital domain. Its partnerships include sponsorships with Leicester City Football Club and the Miami Pickleball Club, along with the launch of a dedicated Esports division. The brand’s ambassador lineup also features personalities like Jason Derulo, Colby Covington, Lil Pump, and Antonio Brown, positioning the platform at the intersection of sports, music, and blockchain engagement.
Event Access and Registration
Admission to “Untamed Arena” is free with RSVP, though attendance is subject to capacity limits. Interested participants may register at: lu.ma/BCstayuntamed.
About BC.GAME
BC.GAME is a community-driven crypto entertainment platform offering a wide range of interactive experiences that combine blockchain innovation with user engagement. Known for its active presence in the global Web3 space, BC.GAME brings together real-world and digital experiences, bridging online entertainment, esports, and mainstream cultural initiatives. With a growing portfolio of partnerships and ambassadors across sports, music, and content creation, BC.GAME continues to expand its influence as a leader in crypto-native entertainment.
Contact
PR Manager
Olivia Dixon
BC.GAME
oliviadi@bcgame.com
Victoria, Seychelles, April 22nd, 2025, Chainwire
Paydify offers an easy plug-in payment layer that enables any business to accept crypto payments from any wallet or blockchain network — with instant stablecoin settlement and zero fees.
Paydify, a universal gateway for any crypto payments, has officially launched to enable businesses to accept crypto payments from any wallet or blockchain network. Built to simplify fragmented blockchain infrastructure, Paydify turns complex crypto payments into a smooth checkout experience — with real-time stablecoin settlement and zero transaction fees.
Paydify enables businesses to accept crypto payments without worrying about blockchain complexity, price volatility, or wallet compatibility. With just a few lines of code or a QR code, merchants integrated with Paydify can instantly start accepting crypto payments from leading wallets such as MetaMask, Trust Wallet, Bitget Wallet, and others. Customers can pay with stablecoins now, with support for all tokens coming soon — while merchants receive stablecoins instantly. Paydify is fully non-custodial, so businesses keep full control of their funds, eliminating chargeback risks common in traditional rails. With no need for wallet- or network-specific integrations, Paydify works seamlessly across e-commerce sites and physical stores, unlocking access to millions of crypto users worldwide.
Despite growing crypto ownership, the lack of interoperability between blockchain networks, wallets, and tokens continues to limit everyday adoption. Merchants face technical complexity, conversion risk, and settlement delays. According to the Onchain Report, 31% of global users hesitate about crypto payments due to limited merchant acceptance, while concerns over high fees, slow transactions, and a lack of trusted providers further hinder adoption. Paydify addresses this by serving as a neutral, universal acceptance layer—similar to how traditional networks unify fragmented financial systems. Its network-agnostic design allows businesses to support all users, no matter their wallet or token.
Paydify is already live in Southeast Asia, powering crypto payments at a few pilot restaurants through Bitget Wallet integration. While in its pilot phase, Paydify is built with global expansion in mind — designed to scale across regions and industries as a universal crypto payment solution. In the coming months, it will expand support for more wallets and blockchain networks, launch e-commerce plugins, and grow its merchant network through partners like Advanced Payment Solutions and Coinpal. Future expansion will focus on travel and hospitality, online businesses with global user bases, and Web3 projects — including DePIN and other crypto-native platforms — looking for a streamlined way to accept crypto payments. These efforts aim to make Paydify the global standard for crypto payments and acceptance — efficient, inclusive, and built for the real world.
“Crypto payments have always promised borderless commerce, but the user experience hasn’t caught up — until now,” said Pakning Luk, Director of Strategy at Paydify. “With Paydify, we’ve built a truly neutral, universal network that empowers businesses to accept crypto payments just as easily as they accept Visa or PayPal. Whether your customer is using a DeFi wallet or scanning a QR code at a café, we make the experience seamless, secure, and scalable.”
About Paydify
Paydify is a universal gateway enabling crypto payments across all wallets and blockchain networks. Built for both online and offline merchants, Paydify provides instant settlement and universal connectivity — making crypto payments practical for global commerce. Paydify operates with a mission to unify the fragmented blockchain ecosystem and make digital payments accessible to businesses everywhere.
For more info, users can visit www.paydify.com and follow Paydify on LinkedIn and X
For media and partnership inquiries, users may contact: partnerships@paydify.com
Contact
Media
Paydify
partnerships@paydify.com
Willemstad, Curacao, April 22nd, 2025, Chainwire
Following the success of its first Battlepass season, Whale.io is excited to launch Battlepass Season 2, bringing players a fresh wave of rewards and features. This new season builds on the strong foundation of Season 1, offering enhanced benefits like the chance to win two Lamborghinis, $Whale Tokens, and a range of exclusive perks. With a focus on blockchain-driven security and innovative gamification, Season 2 delivers a richer, more rewarding experience for crypto gaming enthusiasts.
A Proven Success, Elevated for Season 2 in Whale.io
The first Battlepass season at Whale Casino captivated players worldwide, setting a new standard for engagement and rewards in the crypto casino space. Season 1 introduced innovative features like Lootboxes, Tribe Earnings, and $Whale Token integration, creating a vibrant community of players who embraced the platform’s unique approach to gaming. Building on this momentum, Battlepass Season 2 amplifies the excitement with enhanced rewards, new opportunities, and unparalleled prizes that make every moment on the platform unforgettable.
Whale Casino Key Highlights of Battlepass Season 2
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Why Get the Battlepass Season 2 in Whale Casino
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The Role of Whale Token in Season 2
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Participation in the High-Speed Challenge
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Whale.io has launched Season 2 of its Battlepass, providing users with access to new features and community engagement opportunities through its gamified platform.
About Whale Casino
Whale Casino is a trailblazer in crypto gaming, combining cutting-edge blockchain technology with an immersive casino experience. Committed to security, transparency, and player satisfaction, Whale Casino continues to push boundaries, delivering unparalleled entertainment to a global audience.
Discovering the future of Whale.io and $WHALE token by checking them out here:
Website: https://whale.io/
Socials: https://linktr.ee/whalesocials_tg
Contact
Whale Spokesperson
Whale
support@whale.io
NEW YORK, NEW YORK, April 21st, 2025, Chainwire
GSR, a leading crypto trading and investment firm, today announced it has anchored a $100 million private investment in public equity (PIPE) into Upexi, Inc. (NASDAQ:UPXI), a brand owner specializing in the development, manufacturing, and distribution of consumer products. The investment follows Upexi’s announcement of a strategic shift toward a cryptocurrency-based treasury strategy aimed at generating long-term appreciation and yield for shareholders. Upexi has committed to the establishment of a Solana treasury strategy that includes the accumulation and staking of Solana.
The investment underscores GSR’s confidence in Solana as a leading high-performance blockchain and GSR’s mission to bridge the gap between traditional capital markets and the digital asset ecosystem.
“This investment highlights the growing demand for efficient, secure access to high-quality crypto assets in public markets,” said Brian Rudick, Head of Research at GSR. “Solana’s speed, scalability, and vibrant developer ecosystem make it an ideal foundation for long-term growth and we are honored to help accelerate the integration of digital assets into institutional portfolios.”
“We’re proud to lead this investment and support a bold strategy centered around Solana, reflecting our deep belief in the future of DeFi and our commitment to growing the crypto ecosystem at every level,” said Jakob Palmstierna, President, GSR. “At GSR, we back founders, protocols, and builders not just with capital, but with expertise, liquidity, and real long-term support. This is a meaningful step forward – and just one part of our broader mission to help unlock the full potential of digital assets.”
“It’s encouraging to see institutions exploring blockchain infrastructure in meaningful ways,” said Lily Liu, President, Solana Foundation. “GSR and Upexi’s announcement highlights growing interest in using Solana for real-world financial applications, and it’s another signal of how traditional finance and DeFi are starting to intersect.”
GSR continues to invest in the broader digital asset ecosystem, offering capital solutions, liquidity, and strategic advisory services to partners at all stages of growth.
About GSR
The GSR Group brings over a decade of experience as a leading digital asset liquidity provider and multi-stage investor. Our full-spectrum offering includes OTC trading, market making, and treasury management. Deeply embedded in the digital asset ecosystem, we work with token issuers, institutional investors, and top-tier trading venues. Beyond capital, we deliver strategic insight, deep liquidity, and long-term partnerships to the founders, protocols, and platforms shaping the future of crypto markets.
Follow GSR on X. Visit www.gsr.io for more information.
Contact
VP Public Relations
Haley Malanga
GSR
haley.malanga@gsr.io
Victoria, Seychelles, April 21st, 2025, Chainwire
MEXC Ventures, has announced a $30 million allocation to support Web3 talent and accelerate innovation across the decentralized ecosystem. The investment initiative foresees a 5-year span and is part of the broader Corporate Social Responsibility effort by MEXC Ventures, “IgniteX,” in line with its global strategy of fostering sustainable blockchains through support and empowerment of young talents.
The purpose of the initiative undertaken by MEXC Ventures is to create a launchpad program that will serve as a hotbed for talent nurturing and idea development. MEXC will work closely with the institute on blockchain development, academic exchanges, and talent cultivation. MEXC Ventures encourages submissions from early-stage Web3 startups, research initiatives, developer communities, and academic institutions working on decentralized infrastructure, AI-integrated blockchain solutions, stablecoins, and fintech tools. MEXC Ventures aims to include mentorship, educational efforts, and funding as part of the program to create a future-ready blockchain ecosystem, thus ensuring a smooth transition for the next generation of users into Web3 and preparing a willing, enthusiastic, and well-trained pool of leaders to develop it further.
The impact-driven campaign will entail a comprehensive and multi-pronged approach that includes several key elements. The foundation will be the $30 million pledge, which will serve to fund education, project support, and development initiatives. The second part of the campaign will focus on organizing hackathons and developer engagement programs in the form of global events to identify and support emerging talents.
Education will form a major part of the campaign, with university scholarships and blockchain courses offered through partnerships with academic institutions. This step is crucial to making blockchain technologies and the underlying coding and programming languages more accessible to a greater number of potential developers and IT students. Mentorship programs will be launched in tandem to make sure talents have access to adequate training, event participation, and the experience of current Web3 leaders.
Lastly, strategic sector support will be implemented to ensure that funding is provided to promising projects. Special focus will be placed on initiatives developing stablecoins, AI-based solutions, and blockchain infrastructure elements.
As a CSR initiative, “IgniteX” adheres to achieving strategic objectives, which are based on building a pipeline of high-potential Web3 startups with early MEXC involvement for future cultivation and capitalization. This will have a positive impact on brand recognition for MEXC and position it as a strategic and valuable contributor to the development of Web3 space. The campaign will also help foster cross-border collaboration among all participants of the blockchain sector and promote diversity and inclusion based on shared blockchain values.
Through “IgniteX”, MEXC Ventures aims to create an impact on the global Web3 ecosystem by empowering potential future leaders and developers through education and responsible mentorship.
About MEXC Ventures
MEXC Ventures is a comprehensive fund dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders.
MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.
For more information, users can visit: MEXC Ventures Website
Contact
PR manager
Lucia Hu
MEXC
lucia.hu@mexc.com