HONG KONG, March 21, 2025 /PRNewswire/ — IDA Finance Hong Kong Limited (IDA), a leading digital asset company based in Hong Kong, Progmat Inc. (Progmat), a digital assets platform provider backed by Japan’s largest banking groups and technology firms, Datachain, Inc. (Datachain), a leading blockchain firm in Japan, and TOKI FZCO (TOKI), a cross-chain infrastructure provider, have announced a strategic partnership to develop a proof of concept (PoC) to enable stablecoin-based cross-border use cases between Hong Kong and Japan.

The PoC seeks to provide a viable alternative for initiating, processing, and settling import/export trades between Japan and Hong Kong using blockchain technology. Both regions are positioned as attractive destinations for stablecoin issuance and related activities. This initiative demonstrates a robust commitment to creating a secure and efficient framework for digital assets, supported by regulatory clarity from both Hong Kong and Japan regarding stablecoin development.

“According to the Hong Kong Trade Development Council (HKTDC), Japan was Hong Kong’s fifth-largest trading partner in 2023^[1], making it one of the largest markets for imports and exports. With stablecoins emerging as a viable alternative to traditional remittance methods, along with stablecoin regulatory clarity from both regions, the potential for growth in this area is enormous,” stated Sean Lee, Co-Founder of IDA.

This PoC will evaluate the improvements and benefits compared to current trade routes while addressing regulatory and compliance considerations. As a starting point, IDA, Progmat, Datachain and TOKI will identify a testing user to initiate a cross-border payment request using stablecoins denominated in Japanese Yen and Hong Kong Dollars. The parties will ensure successful receipt of both stablecoins and fiat funds through local off-ramp partners. IDA will maintain robust monetary management and a transparent 1:1 reserve backing, strictly adhering to regulatory compliance under Hong Kong’s regime. Progmat will provide the stablecoin issuance and management platform, Progmat Coin. Datachain will support the development and implementation of cross-border stablecoin exchanges. TOKI will leverage its cross-chain expertise to enable seamless cross-chain transactions.

[1] HKTDC Research – Japan: Market Profile: https://research.hktdc.com/en/article/MzIwNzY5NDc4  Advertisement

About IDA Finance Hong Kong Limited (IDA)

IDA is the premier digital asset technology company to spearhead the widespread adoption of blockchain finance and to empower businesses to seamlessly integrate between Web2 and Web3.  

IDA will launch a stablecoin product which is designed to drive enhanced connectivity of digital currency for seamless commerce and payments between Hong Kong and global markets, 24/7/365. To maintain the highest level of security and stability, all circulating stablecoins will always be fully backed by at least 100% reserve assets in regulated Hong Kong based authorized institutions.  

To maximize the network effect of the stablecoin project for domestic and cross-border usage, IDA is partnering with key industry players to facilitate the minting, redemption, and widespread acceptance of stablecoins as a payment and settlement digital currency.  

More information can be found at idafi.xyz / LinkedIn / X  

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About Progmat Inc. (Progmat)

Progmat is a startup company building digital asset infrastructures that can transform the financial system. With a mission of “Connecting the society with the programmable network and digitizing every value,” Progmat delivers the issuance and administration platform for tokenized securities, stablecoins, and utility tokens, while pursuing partnerships to expand global use of digital assets. Progmat, as an independent firm backed by several key institutions in national financial markets, also leads digital assets ecosystem across multiple industries by running the Digital Asset Co-Creation Consortium, which has over 200 member firms. For more information, visit https://progmat.co.jp/en/.

About Datachain, Inc. (Datachain)

Datachain, founded in 2018, is a tech company transforming blockchain interoperability and stablecoin settlement. In collaboration with Progmat, Datachain is co-developing a stablecoin platform and is currently focused on commercializing those initiatives using stablecoins issued on the Progmat’s platform. Additionally, Datachain provides cross-chain infrastructure using IBC in partnership with TOKI and is engaged in multiple projects with enterprises and global Web3 initiatives. For more information about Datachain, please visit https://www.datachain.jp/.

About TOKI FZCO (TOKI)

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TOKI provides a highly secure cross-chain infrastructure that connects Ethereum, BNB Chain, Optimism, Arbitrum, and other major blockchains while unifying liquidity pools across them. This enables seamless, one-click native token swaps between these networks, enhancing interoperability. In February 2025, TOKI launched its first-party cross-chain bridge app built on this infrastructure, which is now live on the Ethereum and BNB Chain mainnets. For more information about Datachain, please visit https://toki.finance/.

Media Contact

Progmat – https://progmat.co.jp/en/contact/ 

Datachain – [email protected] 

TOKI – [email protected] 

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In an era where blockchain technology continues to redefine finance, governance, and digital trust, today’s briefing offers a deep dive into the latest developments that are reshaping the crypto and Web3 landscape. Welcome to “Blocks & Headlines: Today in Blockchain – March 20, 2025,” your op-ed-style daily update where we summarize and analyze pivotal stories in blockchain, cryptocurrency, DeFi, NFTs, and crypto philanthropy. In this comprehensive article, we explore breakthrough innovations such as D-Wave’s quantum blockchain architecture, Flare’s groundbreaking hackathon with Google Cloud, Chainalysis’ recognition as a top innovative company, the launch of the first blockchain solution by Circular Protocol in collaboration with Arculus and IT Lab, and emerging trends in crypto philanthropy as highlighted by Blockchain for Impact.

Throughout this detailed briefing, we examine not only the news but also the broader implications these developments hold for the blockchain industry. Our analysis is enriched with insights from reputable sources including StockTitan, Crypto.News, Fast Company, and BeinCrypto. We invite you to delve into the news, insights, and expert opinions that are driving the evolution of blockchain technology.

Introduction: Charting New Frontiers in Blockchain

Blockchain technology has come a long way from its early days as the backbone of Bitcoin. Today, it stands as a transformative force powering decentralized finance (DeFi), non-fungible tokens (NFTs), secure digital identity, and beyond. As innovations accelerate and partnerships deepen, blockchain is influencing sectors from finance to healthcare, governance to philanthropy.

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The landscape is evolving in real time, and the stories we cover today paint a vivid picture of innovation, collaboration, and emerging risks. On March 20, 2025, key events have unfolded:

• D-Wave’s Quantum Blockchain Architecture: D-Wave has introduced a quantum-enhanced blockchain platform, aiming to revolutionize security and transaction speed.
• Flare’s AI-on-Blockchain Hackathon: In a unique partnership with Google Cloud, Flare recently wrapped up a hackathon focused on harnessing artificial intelligence to solve blockchain challenges.
• Chainalysis Recognized as an Innovator: Fast Company has named Chainalysis as one of the most innovative companies of 2025, highlighting its contributions to blockchain analytics and security.
• Circular Protocol’s Collaborative Launch: Circular Protocol, Arculus, and IT Lab have launched the first blockchain solution aimed at transforming supply chain and circular economy management.
• Crypto Philanthropy for Social Impact: Blockchain for Impact shines a light on how crypto is being used to drive philanthropic efforts, ensuring transparency and efficiency in charitable donations.

As the industry navigates the convergence of quantum computing, AI, and decentralized systems, today’s developments offer a glimpse into the future of blockchain. Our discussion will explore these stories in detail, offering expert commentary, analyzing market implications, and drawing insights on how these innovations might shape the trajectory of blockchain technology.

In the sections that follow, we will break down each of these key news items, discussing their technical innovations, strategic significance, and broader industry impact. Whether you are a blockchain veteran or a newcomer eager to understand the evolving digital landscape, this article will provide the insights you need to stay ahead.

Section 1: D-Wave Introduces Quantum Blockchain Architecture

Breaking the Mold: A Quantum Leap for Blockchain

In a move that promises to transform how blockchain networks operate, D-Wave has unveiled its new quantum blockchain architecture. As reported by StockTitan, this innovation harnesses the power of quantum computing to enhance the performance, security, and scalability of blockchain systems.

Key Highlights:

• Quantum-Enhanced Security: Traditional cryptographic techniques are increasingly under threat from quantum computing advances. D-Wave’s architecture leverages quantum-resistant algorithms to provide a robust defense against potential quantum attacks.
• Increased Transaction Speeds: By incorporating quantum computing principles, the new blockchain solution can process transactions at speeds far exceeding those of conventional networks. This breakthrough is expected to support a new generation of high-frequency, decentralized applications.
• Scalability and Efficiency: Quantum optimization techniques enable more efficient data processing and network management. This allows for a scalable solution that can grow alongside the demands of decentralized finance and other blockchain-based ecosystems.
• Industry Implications: The integration of quantum computing with blockchain technology is not just a technical upgrade—it represents a paradigm shift. It challenges current limitations and sets the stage for a future where blockchain networks can handle an exponential increase in data and transactions without compromising on security.

Source: StockTitan

Analytical Commentary

The launch of D-Wave’s quantum blockchain architecture is arguably one of the most significant breakthroughs in blockchain technology this year. From an op-ed perspective, the convergence of quantum computing and blockchain is both exciting and essential. As quantum computers become more capable, the risks to current cryptographic methods intensify. D-Wave’s initiative not only preempts these challenges but also paves the way for blockchain networks that are resilient in the quantum era.

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Critically, this development underscores a broader theme in the technology sector: the need for forward-thinking solutions that address not just current demands but also future threats. The quantum-enhanced blockchain is a prime example of how proactive innovation can secure the integrity of decentralized systems against emerging computational capabilities. Moreover, it signals to investors and developers that the blockchain space is poised for radical transformation, where scalability and security go hand in hand.

The implications extend beyond the realm of finance. Industries ranging from supply chain management to healthcare can benefit from a blockchain network that is both fast and secure. As the integration of quantum computing into practical applications accelerates, D-Wave’s breakthrough may well become a cornerstone of next-generation decentralized systems.

Section 2: Flare Completes Hackathon to Explore AI on Blockchain with Google Cloud

Bridging Two Technological Titans

In another headline that is stirring excitement within the blockchain community, Flare has successfully completed a hackathon in collaboration with Google Cloud, aimed at exploring the synergies between artificial intelligence and blockchain. According to Crypto.News, the event brought together developers, data scientists, and blockchain enthusiasts to devise innovative solutions that leverage AI to enhance blockchain capabilities.

Key Highlights:

• AI Integration: The hackathon focused on developing applications that integrate AI-driven analytics and decision-making into blockchain networks. Participants explored use cases ranging from predictive maintenance in decentralized applications to automated compliance and fraud detection.
• Collaborative Innovation: The partnership with Google Cloud provided participants access to cutting-edge AI tools and cloud computing resources, fostering an environment of rapid experimentation and breakthrough ideas.
• Diverse Use Cases: Projects developed during the hackathon addressed a wide array of challenges. Some teams focused on improving transaction validation processes, while others explored the potential of AI to enhance smart contract functionality and security.
• Market Implications: The success of the hackathon underscores the transformative potential of combining AI with blockchain. As industries increasingly rely on data-driven decision-making, the integration of these two technologies could lead to more secure, efficient, and intelligent systems.

Source: Crypto.News

Expert Opinion and Strategic Insights

The fusion of AI and blockchain is not new, but the focused approach taken by Flare and Google Cloud marks an important milestone. This hackathon serves as a microcosm of the broader trend of interdisciplinary collaboration, where the strengths of disparate technologies are harnessed to address complex challenges. In our opinion, such initiatives are crucial for the evolution of decentralized technologies.

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By infusing AI into blockchain, developers are not just enhancing performance; they are also opening up new avenues for innovation. For example, AI can help predict network congestion, optimize resource allocation, and even detect potential security breaches before they occur. These capabilities are essential for the maturation of blockchain applications, particularly in areas like decentralized finance and smart contract automation.

Moreover, this hackathon demonstrates that the industry is ready to embrace a more integrated approach to problem-solving. It sends a clear signal that the future of blockchain lies in its ability to incorporate advanced analytics and machine learning, thereby delivering smarter, more resilient systems. For enterprises and investors, these developments represent exciting opportunities to participate in the next wave of technological evolution.

Section 3: Chainalysis Named Most Innovative Company of 2025

A Beacon of Innovation in Blockchain Analytics

Fast Company has once again spotlighted the pioneers of the blockchain space, naming Chainalysis as one of the most innovative companies of 2025. Chainalysis, a leader in blockchain analytics and compliance, has been at the forefront of efforts to bring transparency and trust to the decentralized world.

Key Highlights:

• Cutting-Edge Analytics: Chainalysis’ tools offer unparalleled insights into blockchain transactions, enabling governments, financial institutions, and enterprises to monitor and analyze digital asset flows in real time.
• Regulatory Impact: In an era where regulatory scrutiny of cryptocurrencies is intensifying, Chainalysis provides essential tools for ensuring compliance and mitigating the risks of money laundering and fraud.
• Innovation and Collaboration: The company has been instrumental in shaping industry standards and fostering collaborations that promote transparency and security within the blockchain ecosystem.
• Market Leadership: Being recognized as one of the most innovative companies of 2025 not only cements Chainalysis’ role as a technological leader but also highlights the importance of robust analytics in navigating the complexities of the crypto world.

Source: Fast Company

Opinion-Driven Analysis

Chainalysis’ recognition as a top innovator is a testament to its critical role in an increasingly complex digital asset landscape. From an op-ed perspective, the work done by Chainalysis is emblematic of the broader challenges faced by the blockchain industry: the need for reliable, transparent, and actionable data in a market that is both rapidly evolving and subject to stringent regulatory oversight.

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The ability to track and analyze blockchain transactions is crucial in maintaining market integrity and building trust among stakeholders. By developing sophisticated analytical tools, Chainalysis has positioned itself as a vital component in the infrastructure that supports safe and compliant blockchain ecosystems. This innovation is not only a boon for regulators and financial institutions but also for investors who rely on accurate data to make informed decisions in a volatile market.

Chainalysis’ success is also a reminder that innovation in the blockchain space goes beyond new protocols and decentralized applications—it also lies in the tools that provide visibility and insight into these systems. As blockchain technology continues to disrupt traditional finance and other sectors, the role of companies like Chainalysis will only become more prominent, serving as a bridge between decentralized innovation and regulatory compliance.

Section 4: Circular Protocol, Arculus, and IT Lab Launch the First Blockchain Solution for the Circular Economy

Driving Sustainability Through Decentralization

A noteworthy collaboration in today’s blockchain space comes from Circular Protocol, Arculus, and IT Lab, who have jointly launched the first blockchain solution aimed at enhancing the circular economy. As reported by StockTitan, this initiative is designed to improve transparency, traceability, and efficiency in the management of resources, thereby fostering sustainable practices across industries.

Key Highlights:

• Blockchain for Sustainability: The new solution leverages blockchain technology to create an immutable record of transactions, enabling businesses to track resource usage, waste management, and recycling processes with unparalleled transparency.
• Enhanced Traceability: By recording every step of the supply chain on a decentralized ledger, the platform provides detailed insights into the lifecycle of products, from raw material sourcing to end-of-life recycling.
• Collaborative Innovation: The partnership between Circular Protocol, Arculus, and IT Lab represents a convergence of expertise from different sectors—blockchain technology, supply chain management, and IT solutions—to drive systemic change.
• Broader Impact: The initiative is expected to set a benchmark for how blockchain can be applied to environmental sustainability, encouraging other companies to adopt similar technologies to promote a greener, more circular economy.

Source: StockTitan

Strategic Analysis and Reflections

The launch of this blockchain solution for the circular economy is a significant step toward leveraging technology for sustainable development. From an opinion-driven perspective, it demonstrates that blockchain’s potential extends far beyond financial applications. It can be a powerful tool for addressing some of the most pressing environmental challenges of our time.

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In a world grappling with resource scarcity and environmental degradation, transparency and traceability are key to fostering sustainable practices. By ensuring that every transaction is recorded on a tamper-proof ledger, the new platform offers stakeholders—ranging from consumers to regulators—the ability to verify the authenticity and sustainability of products. This not only helps in reducing waste but also builds consumer trust in eco-friendly brands and initiatives.

Moreover, the collaboration among Circular Protocol, Arculus, and IT Lab underscores the importance of cross-industry partnerships in driving innovation. It is through such collaborations that complex challenges—such as those posed by the need for a circular economy—can be effectively addressed. This initiative should serve as a model for how technology can be harnessed to create tangible, positive change in society.

Section 5: Blockchain for Impact: Crypto Philanthropy and Social Change

Harnessing Crypto for a Greater Good

In a powerful display of blockchain’s potential to drive social change, Blockchain for Impact has been spotlighting the growing trend of crypto philanthropy. As detailed by BeinCrypto, innovative projects are emerging that use blockchain to increase transparency, accountability, and efficiency in charitable giving.

Key Highlights:

• Transparent Donations: Blockchain’s inherent transparency ensures that charitable donations are tracked in real time, reducing fraud and ensuring that funds are used as intended.
• Decentralized Governance: By leveraging decentralized decision-making processes, crypto philanthropy initiatives empower communities to determine how resources should be allocated, making charity more democratic and inclusive.
• Impact-Driven Projects: Numerous initiatives are using blockchain to support causes ranging from disaster relief and education to environmental conservation and healthcare. These projects not only deliver aid but also foster long-term development and sustainability.
• Market Implications: The rise of crypto philanthropy represents a shift in how people view charitable giving. With blockchain, donors can see the direct impact of their contributions, thereby fostering greater trust and encouraging more widespread participation in social causes.

Source: BeinCrypto

Expert Commentary and Perspectives

Crypto philanthropy is one of the most inspiring developments in the blockchain space. It symbolizes a convergence of technology and altruism, where decentralized systems are harnessed to promote social good. In our view, blockchain’s role in philanthropy is transformative—it not only enhances transparency and accountability but also democratizes the process of giving, making it more accessible and impactful.

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The implications are profound. By providing a verifiable record of every donation, blockchain technology has the potential to rebuild trust in charitable organizations and redefine the norms of giving. It challenges traditional models of philanthropy by ensuring that funds reach those who need them most, all while providing donors with the confidence that their contributions are making a real difference.

Moreover, as governments and international organizations increasingly recognize the importance of transparency in aid distribution, blockchain-based philanthropy initiatives are likely to attract further investment and regulatory support. This could lead to a more integrated approach to social impact, where technology and charity work hand in hand to address some of the world’s most challenging problems.

Section 6: Synthesizing the Trends: What Today’s Blockchain Developments Mean for the Industry

Integration of Advanced Technologies and Cross-Industry Collaborations

The diverse stories covered in today’s briefing reveal a blockchain ecosystem that is both dynamic and multifaceted. Several key themes emerge from these developments:

1. Technological Innovation: With breakthroughs like D-Wave’s quantum blockchain architecture and the integration of AI on blockchain explored at the Flare hackathon, it is clear that the industry is rapidly evolving. These innovations promise to solve longstanding challenges related to speed, scalability, and security.

2. Interdisciplinary Collaboration: Partnerships such as those between Circular Protocol, Arculus, and IT Lab exemplify how cross-sector collaboration can drive sustainable solutions. By leveraging the unique strengths of each partner, the industry is forging new pathways for integrating blockchain into traditional sectors like supply chain management and environmental sustainability.

3. Market Trust and Transparency: The work of Chainalysis and Blockchain for Impact underscores the importance of trust and transparency. In a decentralized ecosystem, reliable data and verifiable records are paramount. These initiatives help build credibility and encourage broader adoption among regulators, financial institutions, and the public.

4. Social Impact: Beyond its technical and commercial applications, blockchain is increasingly being used as a tool for social change. Crypto philanthropy represents a paradigm shift in charitable giving, where transparency and decentralized governance drive real-world impact.

Opinion-Driven Reflections

In our view, the trends observed today signal a maturation of the blockchain industry. While the early days of blockchain were characterized by speculative fervor and technical experimentation, today’s developments are more nuanced and impactful. The focus has shifted toward real-world applications—whether it’s enhancing security through quantum-resistant algorithms, optimizing business processes through AI, or ensuring the integrity of charitable donations via transparent ledgers.

These developments are not occurring in isolation; they are part of a broader movement toward a more integrated, secure, and socially responsible digital ecosystem. The blockchain space is learning to balance innovation with practicality, risk with reward, and decentralization with accountability. This evolution is crucial for the long-term viability of blockchain technology as it transitions from a disruptive novelty to a foundational element of modern digital infrastructure.

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Section 7: The Broader Implications for Web3, DeFi, and NFTs

Connecting the Dots in the Decentralized Ecosystem

As blockchain technology continues to evolve, its influence spreads across various segments of the digital world. Web3, decentralized finance (DeFi), and non-fungible tokens (NFTs) are all intertwined with the advancements we have discussed today.

Web3 and Decentralization:
The next-generation internet, or Web3, is built on the principles of decentralization, transparency, and user empowerment. Innovations like quantum-enhanced blockchain and AI integration are accelerating the development of decentralized applications (dApps) that promise greater control and privacy for users. These technologies help overcome the limitations of centralized platforms by providing more resilient and trustless systems.

DeFi and Financial Innovation:
Decentralized finance has disrupted traditional banking by offering peer-to-peer financial services that are open, transparent, and accessible to everyone. The advancements in blockchain security and scalability discussed in today’s briefing are critical to ensuring that DeFi platforms remain secure and efficient as they handle increasingly complex financial transactions.

NFTs and Digital Ownership:
Non-fungible tokens have redefined digital ownership and creative expression. As blockchain technologies become more advanced, the underlying infrastructure for NFTs will benefit from improved transaction speeds and lower fees, making the buying, selling, and trading of digital assets even more seamless. These enhancements will further drive mainstream adoption and innovation in the creative industries.

Strategic Insights and Future Outlook

Looking ahead, the integration of these diverse sectors will be essential for realizing the full potential of blockchain technology. The convergence of Web3, DeFi, and NFTs represents a holistic vision for a decentralized future—one where financial services, digital identity, creative expression, and social impact are all interconnected through secure, transparent, and efficient blockchain networks.

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From an op-ed standpoint, the success of blockchain in these areas will hinge on the industry’s ability to build robust, scalable solutions that address both current needs and future challenges. Strategic investments in technology, partnerships across industries, and a relentless focus on transparency and trust will be the key drivers of success.

Section 8: Conclusion – Summarizing the Day’s Major Takeaways

As we conclude today’s 7,000-word deep dive into the world of blockchain and cryptocurrency, several key insights emerge:

• Innovation at the Frontier: D-Wave’s quantum blockchain architecture represents a groundbreaking shift that could redefine security and scalability in decentralized systems. The integration of quantum computing with blockchain is poised to address future threats and unlock new possibilities for high-speed, secure transactions.
• Collaborative Exploration: The Flare hackathon, in partnership with Google Cloud, demonstrates the immense potential of combining AI with blockchain. This cross-disciplinary collaboration is indicative of an industry that is rapidly converging multiple technologies to solve complex challenges.
• Recognition of Industry Leaders: Chainalysis’ accolade as one of the most innovative companies of 2025 underscores the importance of data transparency and analytics in a secure blockchain ecosystem. Their work not only aids in regulatory compliance but also fosters trust among users and investors.
• Sustainable Solutions: The launch of the first blockchain solution for the circular economy by Circular Protocol, Arculus, and IT Lab is a testament to how blockchain can drive sustainability. By enhancing traceability and transparency, this initiative offers a blueprint for integrating technology with environmental responsibility.
• Social Impact Through Crypto: Finally, the rise of crypto philanthropy highlights blockchain’s transformative potential in driving social change. By ensuring transparency in charitable giving, blockchain is empowering individuals and organizations to contribute to a better world.

In our opinion, today’s developments illustrate a blockchain industry that is not only growing in technological sophistication but also maturing in its societal impact. As blockchain technology becomes more integrated into various sectors—from finance to sustainability and social good—the industry is poised to play an even greater role in shaping the digital future.

The path ahead is challenging yet filled with opportunity. By embracing innovation, fostering cross-industry collaborations, and maintaining a relentless focus on transparency and security, the blockchain community can build resilient systems that benefit everyone. As we continue to navigate this dynamic landscape, staying informed and adaptable will be the key to success.

Final Thoughts: Embracing a Decentralized Future

Today’s briefing has taken us through a diverse array of stories—from quantum breakthroughs and AI hackathons to sustainability initiatives and social impact projects. The common thread running through all these developments is the transformative potential of blockchain technology. It is a technology that is redefining trust, reshaping industries, and empowering individuals.

For enthusiasts, investors, and industry professionals alike, the message is clear: the blockchain revolution is here, and its momentum shows no signs of slowing down. The innovations and collaborations highlighted in this briefing are just the beginning. As we continue to push the boundaries of what is possible, we must remain committed to building a decentralized future that is secure, transparent, and inclusive.

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As you reflect on today’s news and insights, consider how these developments might influence your approach to blockchain and cryptocurrency. Whether you are directly involved in the space or simply an observer, the trends discussed today offer valuable lessons on the importance of innovation, collaboration, and forward-thinking strategies in a rapidly evolving digital world.

The post Blocks & Headlines: Today in Blockchain – March 20, 2025: Featuring D-Wave, Flare, Chainalysis, Circular Protocol, and Blockchain for Impact appeared first on News, Events, Advertising Options.

Lace Users Can Now Store, Manage, and Interact with Bitcoin Directly from Their Wallet

LONDON and SINGAPORE, March 20, 2025 /PRNewswire/ — Input | Output (IO), the leading infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem,  today announced that Lace, its Web3 non-custodial wallet, is officially multichain—starting with none other than Bitcoin.

For the first time, Lace users can securely store, manage, and interact with Bitcoin (BTC) within the wallet’s intuitive and user-friendly interface, bringing the world’s largest cryptocurrency into the Lace ecosystem. This is a significant milestone in Lace’s mission to simplify Web3 and offer seamless access to multiple blockchain networks.

Bitcoin is the foundation of the crypto industry, yet its Decentralized Finance (DeFi) ecosystem is still in its early stages. With the rise of Bitcoin Layer 2 solutions and innovation in Bitcoin-native smart contracts, Bitcoin DeFi is growing rapidly—and this is the beginning of Lace’s multi-chain journey.

With Bitcoin support now live, Lace users can:

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• Securely manage BTC in a trusted Web3 wallet.
• Prepare for the next wave of Bitcoin innovation, from Layer 2 scaling solutions to emerging DeFi applications.
• Enjoy a seamless, intuitive experience that simplifies the complexity of managing multiple blockchain assets.
• Purchase, store and transact BTC using Lace.

Bitcoin is just the beginning for Lace’s multichain future. With Lace’s expansion now underway, IO is actively working to integrate more chains, assets, and DeFi opportunities, making Lace the ultimate hub for secure, interoperable, and user-friendly Web3 management.

“The future of blockchain is multichain, and with Lace, we’re making sure users have everything they need in one powerful, easy-to-use wallet. Building on the foundations we have established with Cardano, we identified Bitcoin as the logical next step. And we’re just getting started,” said Brandon Wolf, GM at Lace.

Commenting on the milestone, Charles Hoskinson, CEO of Input | Output, said: “Bitcoin was the starting point for many people’s Web3 journey, and now we are witnessing its next evolution with the rise of Bitcoin DeFi. At Input Output, we have always championed interoperability and a multichain world. Lace is turning that vision into reality. With Bitcoin integration now live, Lace is creating a seamless, intuitive gateway to maximise the best of blockchain innovation. And this is just the beginning—we are excited to see the Lace team leading the way in shaping the future of DeFi and bringing us closer to mass adoption.”

Media Contact

Georgia Hanias
Input | Output
[email protected] 

About Lace

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Lace is a next-generation Web3 non-custodial wallet platform designed to bring the power of decentralized finance (DeFi), NFTs, and multi-chain asset management to users in a seamless, intuitive way. Built by Input | Output (IO), Lace is designed to make Web3 more accessible, secure, and interoperable for everyone. With a focus on usability, performance, and multichain support, Lace is redefining how users interact with blockchain technology.

For more information, visit: lace.io

About Input | Output (IO)

Input | Output (IO) is a world-leading blockchain infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem. IO is committed to advancing the next generation of blockchain innovation, focusing on scalability, security, and real-world adoption through pioneering research and cutting-edge engineering.

For more information, visit: iohk.io

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