TAIPEI, May 5, 2025 /PRNewswire/ — CoolBitX officially introduces CoolWallet Go, a minimal, ultra-portable cold wallet designed for new crypto users and seasoned holders alike. It’s a next-generation card wallet focused on simplicity, cost-efficiency, and everyday utility—without compromising on security fundamentals.
Pre-Order Offer (April 21 – May 10)
CoolWallet Go is now available for pre-order at $59.99 USD for a 2-card set. Customers can optionally add a lifetime warranty plan for $39 USD per set—a rare offering in the cold wallet space.
Simple, Secure, and Built for Daily Use
CoolWallet Go is built around a CC EAL6+ certified secure element, a proven protection standard used in many high-assurance security chips. The wallet’s minimalist design includes no screen, no buttons, no battery, and no Bluetooth pairing, relying instead on tap-to-sign NFC to streamline transactions.
The device generates private keys directly on-card, minimizing exposure during wallet setup. Users manage assets via the CoolWallet App, with integrated support for Bitcoin, Ethereum, 40+ blockchains, and EVM-compatible tokens.
Security and Risk Awareness by Design
CoolWallet Go has undergone independent third-party security testing and has been continuously reviewed through a public bug bounty program over the past two years. No vulnerabilities have been found that compromise the safety of users’ private keys or assets. CoolBitX remains committed to continuous security improvement and transparent security practices.
Optional Lifetime Warranty Plan
CoolWallet Go introduces a unique warranty add-on that provides long-term coverage for registered users:
- Coverage is per 2-card set, with a quota of free replacements per year.
- Registration is required within 30 days of purchase.
- Shipping costs for replacements are customer-borne.
- Warranty resets yearly and is not cumulative.
This initiative reflects CoolBitX’s commitment to sustainable product longevity, moving beyond traditional short-cycle hardware support.
Built for Beginners, Trusted by Pros
CoolWallet Go is ideal for:
- First-time hardware wallet users transitioning from exchanges or hot wallets.
- Experienced holders looking for a compact, secure backup or daily-use wallet.
Shipments begin mid-May.
Pre-order and learn more here: https://reurl.cc/Lanld7
Download the CoolWallet App
- Google Play
- Apple App Store
About CoolWallet
CoolWallet is a pioneering hardware wallet brand that offers a secure and convenient solution for storing and managing digital assets in the Web3, DeFi, and NFTs arenas. The company’s flagship product, the CoolWallet Pro, is a credit card-sized device that combines the security of a hardware wallet with the convenience of a mobile device. With its unique design and advanced security features such as an EAL6+ secure element, biometric verifications, and military-grade Bluetooth encryption, CoolWallet is committed to providing a safe and user-friendly platform for crypto users worldwide.
Showcasing blockchain’s potential to enable everyday financial transactions
NEW YORK, May 1, 2025 /PRNewswire/ — Rain, a global card issuing platform built for stablecoins, is helping usher in a new era of onchain finance through its work with Visa.
Today, Rain announced it has joined Visa’s pilot program for stablecoin settlement. Rain has fully tokenized its credit card receivables and has transitioned all settlement transactions for its Visa cards to USDC, to now be able to settle with Visa 7 days a week, 365 days a year.
Rain provides backend infrastructure – APIs, compliance layers and settlement logic – that enables fintechs and wallets to build and launch stablecoin-linked card programs. As demand for real time, global payments grow, Rain is seeing strong momentum from partners looking to issue and use onchain cards and settle in stablecoins.
7 Day Stablecoin Settlement
Rain’s proprietary settlement stack brings all authorization logic and settlement onchain. Rain’s technology stack allows for card transactions on the Visa network to be interoperable with stablecoins across multiple blockchains. When a user makes a payment with a Rain-issued Visa card, Visa settles with the merchant acquirer as usual. Rain is programmatically leveraging stablecoins enabling network settlement 7 days a week, 365 days a year.
Tokenized Credit Card Receivables
Rain’s platform has also fully tokenized its credit card receivables, enabling more efficient capital management and transparency across the system. These capabilities help fintechs go to market faster with new products. While giving consumers access to digital-first globally interoperable payment experiences.
Rain is also proud to announce a world first: closed loop credit card receivable financing utilizing stablecoins. Rain works with a network of capital partners – borrowing stablecoins to facilitate network settlement for credit card receivables. By borrowing from and programmatically repaying lenders Rain has been able to reduce the total cost of capital for consumer and b2b credit programs while providing lenders access to superior collateral and programmatic repayments powered by smart contracts. This powerful construct has the potential to unlock credit access for users in underdeveloped financial markets, all while unlocking significant operational and capital efficiencies for Rain and Rain powered programs.
“By participating in Visa’s USDC settlement program, we are now able to conduct settlement 7 days a week, 365 days a year, operating outside of traditional banking hours. USDC settlement allows us to be more capital efficient – helping to reduce the need for collateral while providing our counterparties the same level of protection. This sets a new standard for issuers and further enhances digital asset utility,” said Farooq Malik, CEO & Co-founder of Rain.
“Moving money across borders has always been complex, but blockchain technology and stablecoins are helping change that,” said Rubail Birwadker, Head of Growth Products and Partnerships, Visa. “Our work with Rain to help bring payments onchain and enable seven-day settlement is a big step toward helping to simplify global payments.”
This is just the beginning. Rain continues to explore new ways to enhance the utility of stablecoins, such as its asset-agnostic settlement stack and blockchain permissioning, which together enable credit to exist entirely onchain. Rain is paving the way for a more efficient, transparent, and accessible financial ecosystem that reduces working capital, reduces fraud, and drives improvements in operational outcomes.
Visa Principal Membership
A Visa principal member, Rain enables seamless payment solutions at more than 150 million Visa-accepting merchant locations worldwide. By utilizing stablecoins for automated daily settlement with the Visa network, Rain is doubling down on its mission to integrate blockchain technology with traditional financial systems, making digital assets seamlessly interoperable for everyday use cases.
About Rain: Rain is a global card issuing platform powered by stablecoins. The company, which was founded in 2021 by Farooq Malik and Charles Naut, sponsors and operates card programs in multiple markets as a Visa principal member. Rain is backed by Norwest Venture Partners, Lightspeed Venture Partners, Galaxy Ventures, Coinbase Ventures and others. Learn more at https://www.rain.xyz/
CONTACT: Charles Yoo-Naut; [email protected]
Seoul, Republic of Korea, May 1st, 2025, Chainwire
Global Bitcoin leaders, listed companies, and innovators will gather in Seoul on June 4–6 for Bitcoin Seoul 2025 — Asia’s flagship event shaping Bitcoin’s future.
Bitcoin Seoul 2025, Asia’s largest Bitcoin-focused conference, will take place from June 4 to 6, 2025, at two of Seoul’s most iconic venues: Signiel Seoul and SKY31 Convention.
Following its successful debut in 2024, Bitcoin Seoul quickly established itself as a key fixture in the global Bitcoin conference circuit.
The inaugural event featured leading Bitcoin thinkers such as Saifedean Ammous and Jimmy Song, and attracted thousands of industry professionals and community members to Seoul to exchange insights on Bitcoin’s evolution and future.
Building on this momentum, the 2025 edition promises an expanded scale and a deeper examination of Bitcoin’s global trajectory.
More than just a conference, Bitcoin Seoul 2025 will feature a multidimensional program spanning Bitcoin strategy, regulation, finance, policy, and real-world adoption.
Amid the growing trend of publicly listed companies in Asia and Europe adopting Bitcoin as a treasury asset, executives who have led these initiatives—including from MetaPlanet and The Blockchain Group—will be participating in the event to share first-hand experiences from the corporate frontlines.
Additionally, Dennis Porter, who spearheaded the Bitcoin strategic reserve movement in the United States, will offer insights into Bitcoin’s expanding adoption at the corporate and governmental levels.
Highlighting real-world adoption
El Salvador’s Mi Primer Bitcoin and Bitcoin Beach—trailblazers in national Bitcoin integration—will lead a special session titled “El Salvador Bitcoin Adoption Showcase.”
The event will also welcome Bitcoin community leaders from around the world, including the United States, Australia, Hong Kong, Vietnam, and Indonesia, who will share firsthand experiences of community-driven Bitcoin adoption across different continents and regions.
The 2025 program will feature:
- Bitcoin Policy Summit: Seoul Edition — Insights into regulatory trends and Bitcoin-related public policy
- Bitcoin Finance Forum — addressing institutional investment, Bitcoin treasury management, and macroeconomic perspectives;
- Global Bitcoin Community Assembly — A global forum for Bitcoin grassroots and community leaders
In addition, attendees will be able to experience live Lightning Network payments at the on-site Lightning Market, showcasing Bitcoin’s real-world utility.
Event Structure:
- VIP Day (June 4): Exclusive sessions and a private reception for global executives and institutional participants
- Industry Day (June 5): Focused on enterprise use cases and strategic insights from publicly listed companies and institutional players.
- Public Day (June 6): Dedicated to Bitcoin finance, adoption stories, and infrastructure innovations, welcoming community members, builders, and enthusiasts.
As institutional interest in Bitcoin accelerates following the approval of spot Bitcoin ETFs in the United States, Bitcoin Seoul 2025 positions Seoul as a key node in the emerging global Bitcoin finance ecosystem.
Countries including South Korea, Japan, and Hong Kong are rapidly integrating Bitcoin-based financial products and treasury strategies — reflecting a broader shift in the global financial landscape. Bitcoin Seoul 2025 aims to capture this momentum and further elevate Seoul’s status as a leading hub for Bitcoin-driven innovation and dialogue.
This year, dozens of domestic and international companies are slated to sponsor the event. Among them is Bithumb, one of Korea’s leading cryptocurrency exchanges, recently ranked #1 in the Korea Exchange Brand Reputation Index, signaling strong market trust.
Ryan, the organizer of Bitcoin Seoul, commented: “Bitcoin Seoul 2025 will unite the global Bitcoin community, extending far beyond Asia to connect innovators worldwide. We are committed to creating a forum that integrates Bitcoin policy, finance, adoption, and community development.”
About Bitcoin Seoul
Bitcoin Seoul is the largest Bitcoin-only conference in Asia and serves as a central hub connecting the global and Asian Bitcoin ecosystems. The team is dedicated to creating key momentum for the sustainable growth of Bitcoin businesses and communities, while accelerating global Bitcoin adoption.
By providing a dynamic stage for innovation and collaboration, we aim to contribute to the mainstream adoption of Bitcoin. More than just a conference, their mission is to foster connection, expansion, and action within the Bitcoin ecosystem.
For more information on registration, sponsorship, or speaking opportunities, users can visit:
Contact
Event Manager
Sophia Park
Bitcoin Seoul 2025
[email protected]
Victoria, Seychelles, April 30th, 2025, Chainwire
As an official sponsor of TOKEN2049 Dubai, global crypto exchange BYDFi has teamed up with industry-leading hardware wallet provider Ledger to release a limited edition co-branded Ledger Nano X. The exclusive wallets made their debut at the TOKEN2049 event, where attendees had the chance to receive them for free through on-site interactive activities.
This special edition wallet retains the advanced security features of the original Ledger Nano X, while incorporating custom BYDFi design elements, including visual branding and customized packaging. Symbolizing a deep collaboration on user asset protection and Web3 innovation, the wallet is equipped with a secure element chip, supports the offline storage of a wide range of digital assets, and defends against common forms of cyberattack—offering users an enhanced standard of self-custody.
Secure by Design: Ledger x BYDFi Hardware Wallet Makes Its Official Launch
The launch drew large crowds to the BYDFi booth at TOKEN2049, where many attendees successfully received the limited edition wallet by completing live interactions. Designed for secure self-custody, the Ledger x BYDFi wallet gives users full control over their private keys and assets, reducing reliance on centralized platforms and elevating personal asset sovereignty.
Michael, Co-founder of BYDFi, commented at the event:
“TOKEN2049 coincides with BYDFi’s fifth anniversary, making this a milestone moment for us. This collaboration with Ledger reflects our continued commitment to asset security. The limited edition wallet is designed especially for high-net-worth individuals who demand institutional-grade protection for their digital assets.”
Expanding Horizons: BYDFi’s Vision for Global Growth and Market Leadership
In addition to the co-branded wallet, BYDFi showcased its on-chain trading solution, MoonX, at the event. As a flagship product of BYDFi’s “CEX + DEX” dual-engine strategy, MoonX merges the transparency of on-chain execution with the high-speed performance of centralized systems—delivering an ultra-smooth, seamless trading experience tailored to the rising demands of DeFi users.
The launch of MoonX not only expands the boundaries of BYDFi’s trading ecosystem, but also promotes greater diversity in trading methods and empowers users with more choice and flexibility.
Looking ahead, BYDFi will continue to strengthen collaborations with global partners and infrastructure providers, accelerating the deployment of innovative products and further solidifying its global service capabilities.
About Ledger Nano X
The Ledger Nano X is a hardware wallet certified by independent security labs. It features a tamper-proof secure element chip that safely stores users’ private keys. Any unauthorized access attempts trigger a self-destruct mechanism, ensuring maximum protection. Additional features include PIN protection, a 24-word recovery phrase, encrypted Bluetooth connectivity, and hidden wallets accessible via separate PINs—delivering comprehensive security for crypto asset holders.
More info: https://www.ledger.com
About BYDFi
Founded in 2020, BYDFi has been recognized by Forbes as one of the world’s top 10 crypto exchanges, is officially listed on CoinMarketCap and CoinGecko, and holds MSB licenses in multiple jurisdictions. It is also a member of South Korea’s CODE VASP Alliance.
Today, BYDFi serves users in 190+ countries, with a global user base exceeding 1,000,000. The platform supports spot, perpetual, and on-chain trading, enabling access to over 600 cryptocurrencies and 500,000+ memecoin pairs. BYDFi is committed to delivering a world-class crypto trading experience. BUIDL Your Dream Finance.
- Website: https://www.bydfi.com
- Support Email: [email protected]
- Business Partnerships: [email protected]
- Media Inquiries: [email protected]
Twitter( X )| LinkedIn| Facebook | Telegram| YouTube
Contact
Senior Marketing Director
Chloe
BYDFi Fintech LTD
[email protected]
Singapore, Singapore, April 30th, 2025, Chainwire
The Binance Labs-backed company is building Aventino, the permissionless payments layer for autonomous AI agents.
Following the success of its Binance Labs-incubated (now Yzi Labs), self-custodial crypto wallet with 3.5 illion users, Grindery has turned its sights on building the permissionless payments layer for AI agents. The team behind the popular smart wallet is proud to reveal its latest product, Aventino, a developer-focused infrastructure layer that provides smart wallets for AI agents.
With Aventino, Grindery is bringing financial autonomy to AI agents. I. Aventino provides the tools to build an ecosystem where AI agents can operate independently — owning wallets, making payments, interacting with blockchain protocols, and establishing their own tokenized communities across platforms like Telegram, WhatsApp, XMT and the open web.
Aventino is a permissionless smart wallet infrastructure that uses Ethereum account abstraction protocol ERC4337. The platform lets developers:
- Build an AI agent on any LLM, use any framework, and distribute on any client and/or device.
- Enable these agents to pay and get paid, interact with protocols and issue their own tokens (allowing for tokenized agents).
- Build communities around their agents, enabling new forms of governance, and growth.
“We believe the future of AI requires financial autonomy — not just intelligence of agents.” said Tim Delhaes, Grindery’s CEO and co-founder, adding: “Aventino empowers developers to build platform-agnostic agents that can transact, govern, and evolve on their own. Just like mobile apps created a layer between users and the internet, agentic AI will create a new layer between users and the AI models that power their digital lives. And it will be powered by crypto.”
Backed by Binance Labs (now YZi Labs)
Grindery’s journey began in 2022 in Binance Labs’ incubation program, building what was once dubbed the “Zapier for Web3.” After 3.5 million users registered on its Telegram smart wallet, Grindery saw the opportunity to leverage the infrastructure it has built for its consumer application to expand into a much bigger market: empowering AI agents as autonomous economic actors.
Aventino’s core capabilities
With the launch of Aventino, developers will be able to build fully autonomous, highly customized AI agents that are interoperable, decentralized, and monetizable — without being locked into closed ecosystems. The platform’s core features include:
- Self-custodial wallets for AI agents – Built on ERC-4337 account abstraction, enabling agents to interact natively with DeFi and web3 protocols.
- Creator-centric stack – Tech-agnostic and platform-agnostic tools to publish on Telegram, WhatsApp, web, and decentralized clients like XMTP.
- Agent tokenization & monetization – Optional token issuance for agents to support governance, liquidity, and community co-ownership.
- Turnkey monetization – Agents can accept payments via traditional fiat methods like Apple Pay and Google Pay, as well as in crypto.
“AI agents should be free to evolve, interact, and earn,” added Delhaes. “With Aventino, we’re building the rails for that vision — and enabling a future where anyone can build AI agents with real-world utility and governance, powered by crypto.”
GX is the currency of AI
Last month, Grindery launched its universal gas token, GX, which is now trading on major CEXs Kucoin, MEXC, and Gate.io, as well as DEXs Uniswap and STON.fi, and DeFi aggregator LI.FI.
The launch of Aventino, however, significantly extends the utility of the GX token. Beyond cross-chain gas payments, as well as governance, GX will be used for agent-to-agent transactions, facilitating seamless payments across platforms. GX will also be required for deploying new agents — and tokenizing them — via bonding curves, providing access and incubation mechanisms for the next generation of AI builders.
Partnership opportunities
Grindery is actively seeking partnerships with:
- LLM platforms looking to expand their reach
- Messaging clients and protocols
- Wallet providers
- No- and low-code platforms
- Blockchain protocols with AI ambitions
Interested collaborators can reach out to the contacts below to explore integration and co-building opportunities.
What’s next
Grindery has already launched an idea forum to crowd-source ideas and requests for customized AI agents from the community. The project is also onboarding developers from AI, crypto, and domain-specific fields. The next 4–8 weeks will mark a pivotal phase as the team accelerates the development of Aventino as it transitions from private into public beta.
To join the conversation, contribute ideas, or build on Aventino, users can visit Grindery.com or follow Grindery on X for updates.
About Grindery
Grindery is building the permissionless payment layer for autonomous AI agents. Powered by $GX and backed by Yzi Labs (formerly Binance Labs), we enable secure, interoperable transactions between web3-native AI agents across any chain or framework. By giving agents and humans financial autonomy through crypto-native wallets, Grindery is laying the foundation for a decentralized, agentic AI future.
Contact:
Contact
Founder
Tim Delhaes
Grindery
[email protected]
Dubai, UAE, April 30th, 2025, Chainwire
Falcon Finance, the next-generation synthetic dollar protocol backed by DWF Labs, has officially launched for public access. Following a successful closed beta phase that attracted over 200 million dollars in total value locked (TVL), the protocol makes its core features available to all users. The launch also marks the debut of “Falcon Miles”, a points program designed to reward meaningful participation across the ecosystem and drive user growth.
Public access now includes Falcon’s core minting and redemption functions. $USDf, the protocol’s overcollateralized synthetic dollar, can be minted by depositing supported collateral, including both stablecoins and non-stablecoins. Eligible assets include USDT, USDC, ETH, BTC, TON, NEAR, and more.
Importantly, all $USDf holders who interact with the Falcon App can stake or unstake $USDf through the platform and earn protocol-generated yields through $sUSDf. The staking process is designed to be accessible and flexible, with the option to restake into fixed-tenor vaults for enhanced returns. Once staked, $USDf is converted into $sUSDf, a yield-bearing token that grows in value over time. $sUSDf is powered by Falcon’s diversified yield strategies, which include both positive and negative delta-neutral funding rate arbitrage, cross-exchange spreads, liquidity provisioning and altcoin staking. As of today,$sUSDf offers around 15% APY, with higher returns available via fixed-tenor restaking through Boosted Yield NFTs.
Alongside the public launch, Falcon Finance introduces Falcon Miles, an ecosystem-wide points program designed to reward user participation. In its initial phase, Falcon Miles tracks primary activities available directly on the Falcon App, including minting USDf, staking into sUSDf, and holding assets on the platform. Points are accumulated based on the scale and duration of engagement.
Expansion of eligible activities will be incorporated progressively as the broader ecosystem rollout continues. In future phases, users will also earn points by providing liquidity on decentralized exchanges, interacting with lending protocols, and participating in yield tokenization platforms.
“With Falcon Finance now live to the public, our goal is to bring greater optionality to users seeking flexible synthetic dollar solutions,” said Andrei Grachev, Managing Partner of Falcon Finance. “Falcon Miles marks the beginning of a broader effort to build a strong community where users are meaningfully rewarded for their participation and contributions to Falcon Finance.”
The next chapter for Falcon Finance will include additional collateral support, partnerships-driven “miles” program, and cross-chain deployments. These will enable Falcon Finance to advance its mission to help shape the next era of synthetic digital assets.
For more information, visit falcon.finance.
About Falcon Finance
Falcon Finance is a next-generation synthetic dollar protocol designed to provide sustainable and competitive yield generation in all market conditions. Built on institutional-grade risk frameworks with a foundation of transparency, Falcon Finance sets a new benchmark for synthetic assets in decentralized finance.
Contact
Managing Partner
Andrei Grachev
[email protected]
Zug, Switzerland, April 29th, 2025, Chainwire
With a simple, easy-to-use interface, users will be able to shield their transaction history and trade privately across multiple blockchains in a fraction of a second.
Common, a new privacy-first DeFi platform built on Aleph Zero’s infrastructure, today announced the launch of its Web App, in collaboration with the partner responsible for the operation of Common Labs Inc. The mobile version, due at the end of May, will be the world’s first privacy-preserving mobile app in the crypto space that combines speed with ease of use. For this reason, Common represents a watershed moment for crypto mass adoption. The platform initially supports Arbitrum and Aleph Zero’s EVM, with plans to expand to additional chains, including Base and Ethereum, in the coming months.
Common serves as the intuitive interface for Aleph Zero’s Shielder Network, a system of smart contracts, relayers, and zero-knowledge cryptography that enables private transactions across multiple chains. This infrastructure makes it possible for users to protect their onchain activity without relying on centralized exchanges.
At the core of the experience is “Shielding”, the process of depositing tokens into a shielded pool to break the link between public wallet activity and future transactions. Users can later unshield by withdrawing to a fresh public address, maintaining privacy throughout. With subsecond proving times performed directly on the device, Common delivers seamless privacy without the usual waiting periods or technical barriers. Unlike other privacy solutions, Common does not commingle funds, preserving full provenance for compliance or auditing if needed.
“Privacy shouldn’t be a luxury in crypto. It should be the default,” said Adam Gagol, Co-Founder of Aleph Zero and Co-Creator of Common Labs Inc. “We’ve spent years building the technical foundation to make that possible, and with Common, we’re finally delivering it in a way that anyone can use, without plugins, without compromises, and without needing to trust a third party. Privacy becomes something you tap, not something you configure. This launch is just the beginning of building a truly private, multichain financial layer for web3.”
Privacy across chains at the touch of a button
The Common Web App works with many popular wallets, such as MetaMask, Ledger (via Metamask), or Rabby, requiring no migration and allowing users to begin transacting immediately. The Mobile App will offer the same privacy benefits in a mobile-native experience, including fiat on-ramp support via Banxa and seamless dApp connectivity.
As a non-custodial and completely decentralized platform, Common adheres to core DeFi principles. The entire platform is built on open-source, audited smart contracts, allowing users to verify rather than trust the system.
Simple, cross-chain privacy
This launch marks the first step in a larger rollout of Common’s ecosystem. Future features will allow users to:
- Shielded Yield: Earn yield on shielded assets through integrated strategies, without exposing wallet activity.
- Smart Yield: Automated strategies designed to allow users to set their strategy once and let the system optimize their returns, hands-free.
- Staking Rewards: Aligning platform growth and user commitment by distributing a share of privacy fees and yield success fees to stakers.
- Multichain Privacy: Extending privacy support to key EVM chains (e.g., Sonic, Berachain, Monad) and emerging Layer-2 networks.
- Seamless Private Bridging: Enabling private asset transfers between supported blockchains, simplifying multi-chain management.
- Enhanced Fiat Access & Payments: Streamlining access to/from TradFi via off-ramps, IBAN support, and crypto payment cards for everyday use.
For more information about Common and to apply for early access, users can visit https://common.fi/
About Common
Common is a privacy-first DeFi platform that makes financial privacy simple, accessible, and multichain. Built on Aleph Zero’s Shielder Network, Common offers both web and mobile applications that allow users to shield their assets, earn private yield, and transact securely across multiple blockchains. With intuitive UX, fiat on-ramps, and non-custodial architecture, Common combines the ease of fintech with the values of decentralized finance, empowering users to take control of their on-chain privacy.
Contact
Ana Lezama
[email protected]
Dubai, UAE, April 28th, 2025, Chainwire
Backed by Deus X Capital, Solstice will debut USX this summer alongside a native yield protocol launching with over $100M in committed TVL, bringing permissionless delta-neutral returns to Solana from day one.
Solstice Labs, an onchain asset manager backed by $1 billion digital asset investment firm Deus X Capital, today announced USX, a stablecoin purpose-built for sustainable yield on Solana. Launching this summer, USX offers permissionless access to a native yield protocol that has over $100 million in committed total value locked (TVL), providing users access to institutional-grade returns through automated delta-neutral trading strategies.
Designed for both institutions and everyday users, USX is a synthetic stablecoin optimized for performance on Solana. The USX peg is maintained by the 1:1 collateralization of fiat-backed stablecoins, such as USDC and USDT, and partnerships with some of the biggest market makers and liquidity providers in the industry. Users are able to lock USX into Solstice’s YieldVault to access real-time returns generated through off-chain funding-rate arbitrage and dynamically hedged staking-yield strategies, leveraging a 3-year track record showing 19.2% average over the last 12-months and protected by a dedicated insurance fund.
“We’ve seen the same dynamic repeat in crypto: DeFi yields are constantly over-engineered, opaque or reserved for institutional players,” said Ben Nadareski, CEO and Co-Founder of Solstice Labs. “USX is designed at its core to change this by simplifying competitive yields in a transparent and sustainable way. All stablecoin users should have the opportunity to capture the yield that larger protocols keep to themselves while not giving up utility in the base asset. That’s the promise of DeFi, and that’s what we’re building at Solstice.”
The Solana Stablecoin for Everyone
Solana has quickly emerged as one of the fastest-growing stablecoin ecosystems, expanding its share of stablecoin liquidity from 2.5% to 5.4% in just two months, at the time of publication. But while the chain has become a hub for stablecoin velocity, especially in MEV, arbitrage, and orderbook-style trading, it still lacks a dominant Solana-native stablecoin built for yield.
USX is designed to fill that gap, purpose-built for Solana’s low-latency, high-throughput infrastructure. As stablecoin transfer activity increasingly shifts from centralized exchanges to trading-driven DeFi applications, USX positions Solana at the forefront of capturing new onchain capital via yield-native stable assets.
USX’s launch is supported by a growing network of infrastructure, security, and liquidity partners to enable off-exchange settlement solutions, expanding the stablecoin’s utility across both centralized and decentralized exchanges.
Built by the Team Behind Solstice Staking
USX and its protocol are part of the Solstice umbrella, which also includes Solstice Staking AG, after a recent acquisition. Solstice Staking is one of the most trusted staking operations in the industry, currently securing:
- $1B+ in staked assets
- 9,000+ validator nodes
- 100% renewable energy-powered infrastructure
- 99.99% uptime for institutional reliability
With a track record rooted in stability, Solstice is now focused on creating the next evolution of DeFi; one where transparency, performance, and access go hand in hand.
Coming Summer 2025
USX will officially launch in Summer 2025, with early access and beta incentives for all users to be announced in the coming weeks. For updates, users can visit https://solsticelabs.io/ or follow @solstice_io. Meet the team this week in Dubai during Token2049 at the Solana Mega Mixer, co-hosted by Solstice Labs and the Solana Superteam.
About Solstice Labs
Solstice Labs AG, a Deus X Enterprise company, in partnership with the Solstice Foundation is reimagining financial asset management for the onchain era. Solstice’s Protocol leverages a registered approved manager to offer institutional-grade products to investors. Key products include USX, a Solana-native stablecoin alongside Solstice’s YieldVault, a democratized yield-bearing protocol that allows participants to access institutional-grade delta-neutral yields.
Bolstering the group’s crypto credentials, Solstice Labs AG also operates Solstice Staking AG, one of the most trusted infrastructure providers in the industry, securing over $1 billion in assets across 9,000+ validator nodes.
Users can learn more at https://solsticelabs.io and follow @solstice_io.
About Deus X Capital
Deus X Capital is a specialist investment and operating company focused on private equity, venture capital, and venture build opportunities in the capital markets, fintech, and digital assets sectors. Deus X has more than $1bn in assets under management and its unique expertise, extensive network, and diverse capabilities to foster lasting value within the financial technology sector.
Contact
Leslie Termuhlen
[email protected]
Zug, Switzerland, April 28th, 2025, Chainwire
Ika, the world’s fastest parallel MPC network, set to launch on the Sui blockchain, reveals a strategic investment from Sui Foundation after recently concluding a record-setting 1.4M SUI NFT art campaign on Sui. Ika is the first sub-second MPC network, enabling zero trust interoperability between blockchains at unprecedented scale, across hundreds of signer nodes with ironclad security.
Ika aligns with Sui’s core values of performance, speed, and decentralization. With its upcoming launch on the Sui blockchain, Ika brings its unrivaled MPC technology to empower Sui Move smart contract developers with secure interoperability across all of Web3. This cements Sui’s position as the premier solution for cross-chain DeFi, decentralized custody, Chain Abstraction, AI agent guardrails, native Bitcoin programmability, and more, utilizing the first truly scalable, secure MPC signing solution.
Ika: Setting New Benchmarks in MPC Technology
Ika leverages the novel 2PC-MPC cryptographic scheme and Sui’s Mysticeti consensus protocol to address critical limitations in existing MPC networks, delivering unprecedented performance:
- Record-Breaking Throughput: Ika can scale to process transactions up to 10,000 times more than current MPC networks, enabling unprecedented volume.
- Minimal Latency: While conventional networks can lag 30 seconds or even more, Ika can generate a signature at sub-second speed, enabling real-time applications across chains.
- Extreme Scalability: Ika transcends the typical 4-8 node limit, with 2PC-MPC that can scale to hundreds and potentially even thousands of signers, bolstering decentralization without compromising performance.
- Zero-Trust Security: Ika’s architecture ensures user assets remain secure even in worst-case scenarios, setting a new standard in decentralized security.
Ika’s Use Cases: A Game-Changer for Web3
Ika’s ultra-fast MPC network powers a wide range of applications on the Sui blockchain, with multiple Sui builders already building their tech utilizing Ika, including:
- DeFi Interoperability: Ika’s sub-second speed and scalability enable instant and secure operations across all Web3 ecosystems, bringing liquidity from chains like Bitcoin and Ethereum to Sui. Sui builders, Full Sail and Rhei, have announced their upcoming launch utilizing Ika.
- Decentralized Custody: Ika offers secure, decentralized custody solutions on the Sui blockchain for digital assets, delivering unmatched security for institutional and individual users. Sui builders, Aeon and Human Tech, have announced their upcoming integration of Ika into their tech.
- Chain Abstraction: Ika allows builders on Sui to abstract the complexity of multiple chains for their users, alongside other Sui features such as zkLogin, delivering a perfect user experience. Sui builders, Covault and Lucky Kat, have announced their upcoming integration of Ika into their tech.
- Programmable Bitcoin: Ika unlocks new possibilities for native BTC on Sui, with programmable and secure DeFi and custody. Sui builders, Native and Nativerse, have announced their upcoming launch utilizing Ika.
- AI Agent Guardrails: Ika enhances AI applications on Sui, by providing secure MPC guardrails, ensuring AI agents don’t have full unchecked power, safeguarding users’ assets. Sui builders Atoma and Ekko have announced their upcoming launch utilizing Ika.
A Vision Supported by Industry Leaders and Embraced by the Community
Sui Foundation’s strategic investment in Ika underscores Sui’s dedication to fostering cutting-edge technologies that advance its mission of high performance and decentralization. This strengthens the technical synergy within the Sui ecosystem, positioning both Sui and Ika at the forefront of the Web3 revolution, advancing a future of secure, scalable, decentralized infrastructure.
With over $21 million in funding and a peak private valuation of $600M FDV, Ika is backed by dozens of key players in the Web3 space, including Sui Foundation, DCG, Big Brain Holdings, Blockchange, Node Capital, Amplify Partners, Liquid2 Ventures, FalconX, Tykhe Block Ventures, Lightshift, Token Bay Capital, Collider, Zero Knowledge Ventures, NoLimit Holdings, Rubik Ventures, Dispersion Capital, Insignius Capital, Impatient Ventures, Cerulean Ventures, Earl Grey Capital, HDI Ventures, Flowdesk, TPC Ventures, Purechain Capital, Solr DAO, Heroic Ventures, Naval Ravikant, NotVCs, G-20 Group, Artifact Capital, DSRV, Encapsulate and many more.
Ika also demonstrated strong adoption from Sui users launching the “MF Squid Market” NFT art campaign, the largest and most successful NFT campaign in Sui history, receiving over 1.4M SUI, creating a strong and active grassroots community in the process.
The IKA token will soon launch natively on the Sui blockchain, unlocking new functionality and utility in decentralized security. As the native token of the Ika MPC network, IKA will play a pivotal role in powering its ultra-fast, scalable infrastructure, serving as the means to pay for MPC signing services, enabling seamless transactions across the Web3 space. By leveraging Sui’s unmatched speed and performance, Ika enhances the overall security and scalability of the ecosystem, adding the most promising MPC technology in blockchain to the fastest-growing L1 in Web3.
About Ika
Ika is the fastest parallel MPC network, offering sub-second latency, unprecedented scale and decentralization, and zero-trust security. As the premier choice for interoperability, decentralized custody, and chain abstraction, Ika is set to revolutionize digital asset security and multi-chain DeFi. Users can learn more here
About Sui
Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Based on the Move programming language, its object-centric model enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences. Users can learn more at: https://sui.io
Contact
Ika PR
[email protected]
Dubai, Dubai, April 28th, 2025, Chainwire
The global crypto exchange BYDFi has announced its official sponsorship of the TOKEN2049 conference in Dubai. At this event, BYDFi will showcase its on-chain trading tool, MoonX, marking its second international appearance after its debut at Paris Blockchain Week (PBW). This move signifies BYDFi’s formal expansion into the Middle Eastern and broader international markets.
TOKEN2049 will take place in Dubai from April 30 to May 1, expecting to attract over 15,000 attendees, including 500 industry leaders and 300+ media outlets. BYDFi will be showcasing its latest products and technological advancements at Booth 45.
BYDFi Completes CEX + DEX Dual-Engine Strategy, MoonX Continues to Grow
As part of its 5th anniversary milestone, BYDFi is expanding its platform capabilities through a dual-engine architecture. This strategy enables BYDFi to maintain the efficiency and depth of centralized exchanges (CEX) while embracing on-chain trading through MoonX, responding to the growing demand for decentralized finance (DeFi) solutions.
Currently, MoonX supports over 500,000 MemeCoins and emerging high-potential tokens, covering major blockchains such as Solana, BNB Chain, and others. It integrates smart filtering, smart money copy trading, and other features to provide users with a comprehensive on-chain trading experience.
Michael, co-founder of BYDFi, stated, “User trading behavior is evolving. While some still prefer the liquidity and efficiency of CEX platforms, others are migrating to DEX for more control over their assets and the potential for on-chain gains. This is not a replacement of trends, but rather a new normal of coexistence between dual tracks.”
He further emphasized, “Leading platforms of the future combine centralized trading performance with decentralized ecosystem connectivity. MoonX is a key step in BYDFi’s CEX + DEX dual-engine strategic upgrade,representing our judgment and investment in the next phase of market structure.”
5th Anniversary Special Activities: Online and Offline Interactive Experiences
To celebrate BYDFi’s 5th anniversary, the platform is launching the “Crypto Adventure Journey”:
Online Participation:
- Register a new account and complete simple tasks to receive a $20 exclusive gift pack and platform trial credits.
- Participate in perpetual contract trading to share in the $10,000 prize pool.
Offline Interaction:
- Following BYDFi’s official X account (@BYDFi_Official), retweet the event post with the hashtag #BYDFiTOKEN2049 to enter the lucky draw and win limited-edition merchandise and platform trial experience.
- Visiting Booth 45 at the event to experience the on-chain trading product MoonX, participate in interactive tasks, and win Crypto Adventure Gift Packages and mystery gifts.
About BYDFi
Founded in 2020, BYDFi has grown to serve over 1,000,000 users across 190+ countries and regions. Recognized by Forbes as one of the Top 10 Global Crypto Exchanges, the platform holds multiple MSB licenses, is a member of South Korea’s CodeVASP alliance, and advances the transparency and professionalism of its operations.
BYDFi is committed to providing a world-class crypto trading experience for every user. BUIDL Your Dream Finance.
- Website: https://www.bydfi.com
- Support Email: [email protected]
- Business Partnerships: [email protected]
- Media Inquiries: [email protected]
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Contact
Senior Marketing Director
Chloe
BYDFi Fintech LTD
[email protected]