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Streamex Corp. (NASDAQ: STEX) Enters Strategic Partnership with Chainlink as Its Official Oracle Provider to Strengthen Tokenization Infrastructure
Globenewswire· 2025-10-28 00:00
Core Insights - Streamex Corp has announced a strategic partnership with Chainlink to enhance the cross-chain functionality and transparency of its gold-backed stablecoin, GLDY [3][4][9] - The integration of Chainlink's Proof of Reserves, Price Feeds, and Cross-Chain Interoperability Protocol (CCIP) aims to provide real-time verification of gold reserves and facilitate seamless token transfers across major blockchain ecosystems [4][5][7] Company Overview - Streamex is focused on the tokenization of real-world commodities, starting with its flagship GLDY token, which is a regulated, yield-bearing digital asset fully backed by physical gold [5][10] - The partnership with Chainlink reinforces Streamex's commitment to delivering institutional-grade infrastructure for gold-backed assets [7][9] Partnership Details - The integration of Chainlink's CCIP will allow for cross-chain token transfers using the Cross-Chain Token (CCT) standard, improving liquidity and accessibility for institutions and users [5][6][7] - Chainlink's Proof of Reserve will provide on-chain verification of the gold reserves backing GLDY, enhancing transparency and trust [4][7][9] Technology and Security - CCIP's consensus layer is supported by Chainlink's Decentralized Oracle Network (DON), which secures over $100 billion in DeFi Total Value Locked (TVL) [8] - The CCT standard allows for secure token transfers and programmability, enabling developers to create custom token pool contracts without inheriting CCIP-specific code [8][14] Market Position - Chainlink is recognized as the industry-standard oracle platform, powering a significant portion of decentralized finance and facilitating the integration of real-world assets on-chain [11][12] - The partnership with Chainlink positions Streamex to leverage a robust ecosystem, enhancing its growth opportunities and adoption in the market [6][9]
AgriFORCE Growing Systems (AGRI) Announces Shareholder Approval in Support of First Publicly-Traded Avalanche-Focused Company on Nasdaq
Prnewswire· 2025-10-27 20:30
Core Viewpoint - AgriFORCE Growing Systems Ltd. has received shareholder approval to proceed with a transaction aimed at becoming the first publicly-traded company focused on maximizing ownership of AVAX, the native token of the Avalanche network [1][2]. Group 1: Shareholder Approval and Transaction Details - Over 95% of voted shares supported the transaction, which includes a private investment of approximately $300 million led by Hivemind Capital [2][3]. - The transaction is expected to close around October 30, 2025, pending customary closing conditions [2]. Group 2: Strategic Vision and Company Rebranding - Following the transaction, the company will be renamed AVAX One, reflecting its new focus on the Avalanche ecosystem [3][6]. - The strategic vision aims to create long-term value through innovation and a results-driven approach in the evolving financial markets [3]. Group 3: Business Model and Financial Strategy - The company's goal is to accumulate over $700 million worth of AVAX tokens, positioning itself as a foundational partner in the Avalanche ecosystem [5]. - The capital raise strategy includes the approved $300 million PIPE and plans to raise an additional $250 million through various measures [5]. Group 4: Avalanche Ecosystem and Market Position - Avalanche is described as a high-speed, institutional-grade blockchain that enables major financial institutions to launch compliant blockchains for tokenizing real-world assets [4]. - The network is secured by over $6.9 billion in staked assets, indicating a robust foundation for future growth [4].
Kite announces investment from Coinbase Ventures to Advance Agentic Payments with the x402 Protocol
Globenewswire· 2025-10-27 16:19
Core Insights - Kite has received an investment from Coinbase Ventures, extending its recent $33 million Series A funding led by PayPal Ventures and General Catalyst, indicating growing confidence in the autonomous agent economy and Kite's infrastructure for agent-to-agent payments and AI-driven commerce [2][8] Investment and Infrastructure Development - The investment will address a critical bottleneck in the AI revolution, enabling AI agents to operate autonomously without human-approved operation loops, through a blockchain-native network that provides secure digital identity, programmable spending limits, and instant, low-cost settlements [3][5] - Kite is integrated with Coinbase's x402 Agent Payment Standard, positioning itself as a primary execution and settlement layer, allowing AI agents to send, receive, and reconcile payments seamlessly [4][6] Market Trends and Opportunities - The investment supports Kite's development across three market shifts: the need for a programmable trust layer for AI agents, scalable blockchain infrastructure for AI commerce, and the rise of agentic commerce as a growth engine [5][7] - With trillions of AI agents projected to emerge, Kite is integrating with major platforms like PayPal and Shopify, positioning itself to capture value in the evolving e-commerce landscape [7][8] Company Background - Kite is building the first blockchain for agentic payments, providing a foundational infrastructure for autonomous AI agents with verifiable identity and programmable governance, having raised $33 million from top-tier investors [9]
X @Chainlink
Chainlink· 2025-10-27 14:07
Tokenization & Blockchain - Chainlink is leading the way in bringing everything on-chain through tokenization, including RWAs (Real World Assets), stablecoins, and government data [1] - The global financial system is predicted to be fully tokenized [1] - Stablecoins and tokenization are reshaping global finance [1] Chainlink's Activities - Chainlink co-founder Sergey Nazarov discussed tokenization with Coin Bureau [1] - Sergey Nazarov recently met on Capitol Hill to discuss market-structure legislation [1] - Chainlink is working with the U S Department of Commerce [1]
SOL Strategies Successfully Completes SOC 2 Type 2 & SOC 1 Type 2 Examination with No Exceptions Noted, Advancing Institutional-Grade Security Standards for Solana Staking
Newsfile· 2025-10-27 14:05
Core Insights - SOL Strategies Inc. has successfully completed its SOC 2 Type 2 and SOC 1 Type 2 examinations with no exceptions noted, reinforcing its commitment to institutional-grade security standards for Solana staking [1][4][5] Group 1: Examination Achievements - The completion of SOC 2 Type 2 and SOC 1 Type 2 examinations validates SOL Strategies' robust controls and effective risk management practices [1][3] - The SOC 2 Type 2 examination involved a rigorous evaluation of security controls over an extended period, confirming the operational effectiveness of the company's security practices [3][4] - This achievement builds on existing certifications, including ISO 27001, SOC 2 Type 1, and SOC 1 Type 1, showcasing the company's dedication to high security standards [2][5] Group 2: Security Framework - SOL Strategies' security framework now includes multiple certifications, ensuring comprehensive assurance for institutional clients [5][6] - The SOC 2 Type 2 examination is recognized as the gold standard for service organizations, emphasizing sustained adherence to security principles such as confidentiality and privacy [4][5] - The company maintains a dedicated trust center for streamlined access to compliance reports and security policies related to Solana staking [6] Group 3: Company Positioning - The successful completion of these examinations positions SOL Strategies as a key institutional partner within the Solana ecosystem, enhancing client confidence [4][10] - The company's focus on security and reliability is critical for institutions looking to engage with the Solana ecosystem through trusted providers [4][10] - SOL Strategies operates at the forefront of blockchain innovation, specializing in the Solana ecosystem and providing strategic investments and infrastructure solutions [7]
Ant Group Files Hong Kong Trademarks for “ANTCOIN” and Stablecoins
Yahoo Finance· 2025-10-27 12:45
Core Insights - Ant Group has applied for trademarks related to virtual assets and blockchain technology in Hong Kong, including "ANTCOIN" [1][2] - The applications cover online payments, electronic wallets, foreign exchange services, and stablecoins [2] - The trademark filings are seen as a strategic move to protect Ant Group's interests in the virtual asset sector [3] Company Developments - The ANTCOIN trademark application was submitted in June and is currently pending [1] - In July, Ant Group partnered with Circle to pilot USDC-based cross-border payments, integrating a regulated stablecoin into its payment infrastructure [5] - In September, Ant Digital Technologies launched a blockchain platform to tokenize energy assets in China, linking approximately $8 billion worth of infrastructure to on-chain systems [6] Industry Context - Major tech firms, including Ant Group, were reportedly ordered to suspend stablecoin initiatives in Hong Kong in October 2025 [4] - Traditional financial institutions globally are moving towards stablecoin adoption, with Japan's major banks planning to issue stablecoins and North Dakota announcing a state-backed stablecoin [7]
Blaqclouds Executes Blockchain Partnership with Super Studios USA, Led by Former Ridley Scott & Associates Executive Producer Developing a Billion-Dollar Entertainment Complex in Texas
Prism Media Wire· 2025-10-27 11:31
Core Insights - Blaqclouds has entered a Blockchain & Development Partnership with Super Studios USA to create a billion-dollar entertainment complex in Texas, integrating blockchain technology into the funding and monetization processes of the project [1][3][5]. Group 1: Partnership Details - The partnership involves Blaqclouds providing an end-to-end blockchain ecosystem, including an EVM-POA blockchain, native coin, wrapped token, stablecoin, NFT engine, and RWA real estate token [2][10]. - Blaqclouds will receive 10% of all fees generated by the Super Studios USA blockchain network, linking its revenue to the project's success [4][6]. Group 2: Project Overview - Super Studios USA is developing a vertically integrated entertainment complex in Mansfield, Texas, which will include state-of-the-art sound stages, production facilities, and residential communities [11][12]. - The project aims to create a self-sustaining ecosystem for film, TV, streaming, and digital media, contributing to job creation and economic growth in the region [18]. Group 3: Economic Impact - The development will feature over 900 luxury condominiums and single-family homes, modern office spaces, and a trade school for film and digital media production [18]. - The initiative is expected to generate thousands of high-paying jobs and establish Texas as a hub for entertainment and technology investment [18].
Blaqclouds Executes Blockchain Partnership with Super Studios USA, Led by Former Ridley Scott & Associates Executive Producer Developing a Billion-Dollar Entertainment Complex in Texas
Globenewswire· 2025-10-27 11:30
Core Insights - Blaqclouds, Inc. has entered into a Blockchain & Development Partnership Agreement with Super Studios USA, focusing on integrating blockchain technology into the entertainment industry [1][2] - The partnership will allow Blaqclouds to receive 10% of all fees generated by the new blockchain network developed for Super Studios USA [2] Company Overview - Blaqclouds, Inc. specializes in Web3 infrastructure and decentralized finance, aiming to bridge traditional finance with decentralized ecosystems [10] - The company is developing a comprehensive blockchain ecosystem for Super Studios USA, which will include various blockchain products [3][4] Project Details - Super Studios USA is creating a billion-dollar vertically integrated entertainment complex in Mansfield, Texas, which will include sound stages, production facilities, and residential communities [5][6] - Key components of the project include a new EVM-POA compatible blockchain, a premined native coin, a stablecoin for real-world payments, and an NFT engine [8] Economic Impact - The project is expected to create thousands of high-paying jobs and foster economic growth in Texas [9] - It will also include a trade school for film and digital media production, ensuring a sustainable talent pipeline [9] Vision and Future - The partnership aims to transform Texas into a blockchain-powered innovation hub for the entertainment industry [5][10] - Super Studios USA's CEO emphasizes the goal of building a sustainable economic engine that drives creative innovation and real-world value [10]
Should You Buy Solana While It's Under $200?
Yahoo Finance· 2025-10-26 16:20
Core Insights - The cryptocurrency market, including Solana, has recently experienced a downturn, with Solana's price dropping from around $250 in September to approximately $180 as of October 22 [1][2] Group 1: Market Performance - Solana's price decline reflects a broader trend in the crypto market, where many assets are in the red [1] - The current price of Solana presents a potential buying opportunity for investors considering its fundamentals [2] Group 2: Fundamental Value - Despite the price fluctuations, Solana's fundamental value remains intact, characterized by its speed and low transaction costs [4] - Solana processes about 1,000 transactions per second (tps) with a theoretical maximum of 65,000 tps, significantly outperforming Ethereum's 20 tps [5] Group 3: Performance During Market Stress - During a recent market flash crash, Solana demonstrated resilience by maintaining high transaction processing rates without a spike in fees, unlike some other blockchains [6] Group 4: DeFi Landscape - Solana has a total value locked (TVL) of $11 billion in DeFi applications, an increase from $6 billion a year ago, but still significantly behind Ethereum's $83 billion TVL [8] - Solana's proof-of-history system contributes to its efficiency, yet it still trails Ethereum in the DeFi sector [9] Group 5: Stablecoin Market - In the stablecoin market, Ethereum leads with $165 million in stablecoin value, while Solana has $15 billion [10]
海内外38个优秀区块链应用项目在沪展开角逐
Sou Hu Cai Jing· 2025-10-26 13:40
中新网上海10月26日电 (记者 陈静)2025"数通链谷"杯第七届长三角区块链应用创新大赛决赛26日举 行。经过初赛和复赛环节的层层选拔,脱颖而出的38个优秀项目进入决赛。 这些项目覆盖政务治理、贸易与供应链金融、金融科技、智慧农业、数据要素应用、双碳与能源、智慧 建筑、医疗健康、数字资产等多个关键领域,全面展现了区块链技术作为底层支撑技术的广阔应用前景 和蓬勃创新活力。决赛现场吸引了逾百位政产学研融嘉宾、专家学者及从业者到场观赛。大赛在产业成 长组和创新项目组的基础上,新增设国际赛道-新科技金融组,吸引了来自多个国家和地区的Web3.0、 RWA(真实世界资产)等数字资产领域创新项目踊跃参赛,拓宽了赛事领域,彰显了国际化与前沿视野。 2025"数通链谷"杯第七届长三角区块链应用创新大赛决赛26日举行。(大赛组委会供图) 本届大赛由上海市委网信办、江苏省委网信办、浙江省委网信办、安徽省委网信办、上海市科学技术协 会指导,由上海市互联网业联合会、上海区块链技术协会主办,江苏省区块链发展协会、浙江省区块链 技术应用协会联合主办,上海长三角区块链产业促进中心承办。 大赛秉承以赛促用、以赛建标的理念,以"新质驱动· ...