Blockchain Press Releases
The INX Digital Company Reports Q2 2023 Financial and Operational Results
TORONTO, Aug. 15, 2023 /PRNewswire/ — The INX Digital Company, Inc. (NEO: INXD, OTCQB: INXDF, INXATS: INX) (the “Company” or “INX”), the owner of INX.One, a security token and digital asset trading platform, a U.S. broker-dealer, an alternative trading system, a transfer agent, and an inter-dealer broker (through its subsidiaries), announced quarterly financial results as of June 30, 2023.
Investment gains/losses for any particular period are not indicative of quarterly business performance. Earnings of The INX Digital Company, Inc. for the second calendar quarter of 2023 are summarized below. All balances are reflected in U.S. Dollars.
2023 Second Quarter Financial and Operational Highlights:
- Cash and cash equivalents of $15.5M plus an additional $7.6M invested in short and mid-term duration U.S. treasury securities and investment-grade corporate bonds.
- Working capital of $24.3M.
- Reserve Fund set aside for the protection of customer funds and maintained in addition to operating funds at $36.0M.
- Q2 2023 total revenue at $1.6M, primarily from transaction and brokerage fees, an increase in total revenue of 161 percent compared to Q2 2022 and on par with to Q1 2023. YTD revenue at $3.2M compared to $2.2M in 2022, a 46 percent year-over-year increase.
- Q2 2023 net loss from operations of $4.0M.
- New customer registrations increased 50.1% compared to Q1 2023
- Customer funds held by INX Digital increased 36% compared to Q1 2023 and 61% increase year-to-date.
INX reports a Q2 2023 net loss of $17.6M ($0.08 EPS), which includes an unrealized loss on INX Tokens issued of $13.7M. Under applicable accounting standards, INX Tokens held by token holders are recognized as a liability on the company’s balance sheet, with resulting unrealized gain or loss recorded in net income. The company’s adjusted net loss for Q2 2023, excluding the loss on INX Token recorded during Q2 2023, is $3.9M ($8.3M adjusted net loss year-to-date). The adjusted net loss is a non-IFRS measure.
Noteworthy steps and Q2 2023 milestones demonstrate the accelerating adoption of security tokens, mark the beginning of the new strategic partnership with Republic, and position INX as a leader in the space
INX’s main focus remains on creating a go-to holistic solution for founders and corporate partners to raise capital utilizing SEC-regulated security tokens and giving access to these investment opportunities to investors globally.
Taking advantage of the path created by the issuance of the INX Token, in the fourth quarter of 2022, INX has launched its capital raises via the issuance of security tokens.
In Q2 2023, three (3) new primary offerings were brought to investors and customers of INX, exclusively on INX.One trading platform, with a total of seven (7) new SEC-registered security tokens listed since Q4 2022 and currently raising capital in their primary offerings. Following their initial offering, security tokens are expected to be offered to INX customers for trading in the secondary market on INX.One alongside already actively trading INX Token.
The primary offerings on INX.One now include Trucpal (TRUCPAL), a digital financial and tax software company for logistics-industry-based in China; Advent Entertainment (ATX), an entertainment, gaming, and virtual reality company based in Utah, US; Treasure Experience (TRZX), a virtual marine exploration and treasure hunting company based in Florida, US; and TurnCoin (TXC), digital trading cards in talented individuals trading platform company, based in Gibraltar, and the most recent addition of XManna (XMNA), metaverse and web3 technology company focused on expanding commerce and fan engagement in professional sports, advertising and gaming, based in Florida, US; Hashrate Asset Group (HAG), digital assets technology and Bitcoin mining company registered in the British Virgin Islands and based on Singapore; Convertible Concepts North America (CCNA), technology company focused innovative automotive and freight transportation solutions with a proprietary freight system, based in Alberta, Canada, registered in Delaware, US.
The company continued to strengthen its compliance and technology framework by reaching multiple meaningful milestones in Q2 2023. INX.One can now support Polygon, alongside Ethereum and Avalanche, blockchain-based tokens for secondary listing on the company’s platform. Moreover, during the quarter, INX further expanded its money transmitter licenses and registrations, allowing the company to offer cryptocurrencies in 46 U.S. states and territories. INX.One also continues to expand its offering globally, with over 160 countries supported on INX.One.
Strategic Partnership and Collaboration with Republic
During Q2 2023, INX entered into a strategic collaboration agreement with Republic (“Republic”), a global financial firm operating a digital merchant bank and a network of investment platforms, pursuant to which the parties will seek to expand the breadth and depth of tokenization infrastructure and access to digital assets for investors worldwide. Concurrently, Republic also agreed to make an investment of $5.25M in INX at an approximate US$50 million pre-money valuation (the “Transaction”) and intends to enter into a non-binding term sheet, which contemplates a transaction in which Republic will acquire 100% of INX common equity at a valuation of up to $120 million.
By combining INX’s digital trading infrastructure and expertise in tokenized primary offerings with Republic’s well-established primary distribution, both companies are poised to introduce a wide range of compliant solutions for both primary and secondary markets and redefine the way capital is raised, empowering both institutional and retail investors globally.
“As the market for security tokens continues to grow and rapidly expands across multiple asset classes gaining momentum among institutions, it is evident that the steps we have taken in the past years were crucial and built the right foundation for INX to further grow and flourish. INX will continue to invest significant resources into educating investors and issuers globally to provide the required clarity on the new technology and opportunities it enables,” remarked Shy Datika INX CEO.
About INX:
INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.
About The INX Digital Company, Inc.: INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group’s overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA.
In addition to operating two regulated trading platforms for blockchain assets, INX’s interdealer broker, I.L.S. Brokers, plans to offer non-deliverable cryptocurrency forwards to Tier-1 banks in the future. For more information, please visit the INX Group website here.
Cautionary Note Regarding Forward-Looking Information and Other Disclosures
This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to, the continuous development of the INX trading platform, the completion of the transactions described herein, the offering of non-deliverable cryptocurrency forwards, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.
Neo Exchange is not responsible for the adequacy or accuracy of this press release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
For further information, contact:
The INX Digital Company, Inc.
Investor Relations
+1 855 657 2314
Email: [email protected]
For more information, contact:
Liz Whelan
[email protected]
(312) 315-0160
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Blockchain
Blocks & Headlines: Today in Blockchain – May 15, 2025 (BTC’s Push, Pi Network Fund, Stablecoin Levers, JPM Pilot, OKX × Man City)
Every trading day, Blocks & Headlines decodes the most significant moves in blockchain technology and cryptocurrency, blending market updates, strategic analysis, and thought—so you can stay ahead in Web3’s fast-moving world. Today’s briefing zeroes in on five game-changing developments:
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BTC’s $58 Million Raise for ETH Purchases – Bitcoin miners diversify treasury strategies.
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Pi Network’s $100 Million Ecosystem Fund – A mass-user blockchain backs its next growth stage.
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Three Levers to Drive Stablecoin Public-Sector Adoption – Regulation meets innovation.
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JPMorgan’s Landmark Blockchain–TradFi Pilot – Institutional rails cross the blockchain chasm.
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OKX Rolls Out Alt Manchester City Campaign – Crypto sponsorship enters the football pitch.
Together, these stories highlight key themes: treasury diversification, community-driven funding, regulatory frameworks, institutional integration, and mainstream partnerships. Read on for detailed analyses—and what each means for your crypto strategy.
Introduction: The New Vistas of Blockchain
Blockchain’s evolution this spring underscores a pivotal shift: from pure speculation to strategic deployment. Bitcoin miners, long reliant on transaction fees and network incentives, are now allocating capital to Ethereum, signaling maturation in treasury management. Meanwhile, user-centric chains like Pi Network are mobilizing massive funds to underwrite decentralized app ecosystems. Governments and regulators, too, are pivoting toward structured frameworks—envisioning stablecoins as pillars of public-sector modernization. At the same time, legacy finance players like JPMorgan are testing blockchain rails for cross-border value exchange, while leading exchanges pursue high-profile sporting partnerships to prime global audiences for crypto adoption.
These diverse developments convey one clear message: blockchain is entering its juggernaut phase, where strategic capital deployment, regulatory alignment, and mainstream integrative efforts coalesce to propel Web3 into the next chapter. In this briefing, we unpack each story’s nuances, assess market and technological impacts, and offer takeaways for investors, developers, and institutional players alike.
1. BTC’s $58 Million Raise to Bolster ETH Purchases
What Happened: On May 14, Bitcoin miner collective BTC’s Push announced a successful $58 million secondary raise aimed squarely at funding strategic Ethereum acquisitions for staking and DeFi yield farming purposes. This follows earlier Treasury diversification moves by Marathon Digital and Riot Platforms, but on a larger, coordinated scale.
Source: The Block
The Mechanics of the Raise
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Participants & Structure: The round drew in leading crypto funds—Multicoin, Paradigm, and Pantera—via convertible note instruments, offering 8% interest and a conversion price tied to a 10% discount on ETH’s 30-day volume-weighted average price.
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Allocation Strategy: Proceeds will funnel into direct ETH purchases on major spot venues and institutional OTC desks, with a tranche reserved for Liquid Staking Derivatives (LSDs)—including Lido and Rocket Pool tokens—to capture liquid yields.
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Rationale: Facing compressing Bitcoin margins amid halving-driven scarcity of block rewards, miners are diversifying into Ethereum’s staking economy, capitalizing on predictable APRs (currently ~4.5%) and burgeoning DeFi revenue streams.
Market Implications
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Cross-Chain Treasury Management: BTC miner allocators validating ETH staking signals an era where major protocol economies interweave on the balance sheets of institutional crypto actors.
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Downward Pressure on Spot ETH: Large-scale spot purchases typically buoy prices, but strategic accumulation via OTC may mute volatility—beneficial for staking yield stability.
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LSD Adoption Accelerates: With up to 20% of ETH purchases earmarked for LSDs, native staking derivatives gain further legitimacy, nudging stakeholders to re-evaluate liquid vs. locked staking trade-offs.
Opinion & Outlook
This raise epitomizes institutional sophistication in digital-asset portfolio engineering. Miners are not merely selling BTC to cover expenses; they’re actively deploying capital into interoperable blockchain yield instruments. As ETH’s transition to proof-of-stake matures and DeFi yields remain attractive relative to Bitcoin mining profits, expect more multi-protocol treasury plays—potentially extending to Solana LPs or Avalanche staking pools. For retail and institutional investors alike, these treasury trends suggest durable demand for ETH and LSDs, underpinning mid-term price support.
2. Pi Network Launches $100 Million Ecosystem Fund
What Happened: The Pi Network team unveiled a $100 million ecosystem fund dedicated to nurturing dApp developers, infrastructure providers, and NFT artists building within its rapidly scaling mobile-first blockchain.
Source: Cointelegraph
Fund Structure & Goals
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Capital Allocation:
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40% to Core Infrastructure: Node incentives, RPC services, indexing tools.
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30% to dApp Grants: Particularly financial inclusion, micro-lending, and social-commerce protocols.
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20% to NFT & Creator Programs: Artist residencies, marketplace subsidies.
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10% to Strategic Acquisitions & Partnerships: Cross-chain bridging, zk-rollup integrations.
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Governance Model: Pi Council, comprising core team members and community-elected ambassadors, will vote on disbursements via on-chain proposals—ensuring decentralized stewardship.
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Timeline: Initial $20 million tranche deployed in Q3 2025, with the remainder unlocked quarterly based on network milestones (daily active users, transaction volume, token velocity).
Relevance & Potential
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Mass-User Onboarding: With over 50 million active mobile miners, Pi Network boasts one of the largest captive user bases. Financing dApps tailored to these users could drive real transactional utility—beyond token speculation.
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Community-First Funding: By embedding governance in the Pi Council, the fund aligns incentives with grassroots builders—potentially reducing centralized bottlenecks seen in other ecosystem grants.
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Web3 Democratization: Pi Network’s mobile focus and low-fee architecture positions it to capture under-banked populations—a key frontier for on-chain financial inclusion.
Opinion & Outlook
The $100 million fund is a bold statement: Pi Network is shifting from token distribution hype to ecosystem activation. Success hinges on execution discipline—allocating capital to apps that deliver real-world value and user retention. Should Pi spawn breakout dApps in micro-lending or gig-economy payments, it could validate the “mobile-first blockchain” thesis and challenge established Layer 1s. Conversely, failure to catalyze genuine activity risks relegating Pi to another empty token play. Builders and investors should watch Pi’s Q3 performance metrics closely: active throughput and token velocity will be leading indicators of sustainable growth.
3. Blockchain Regulation & the Public Sector: Three Levers to Drive Stablecoins
What Happened: In a detailed analysis for Funds Society, blockchain policy experts identified three critical levers governments can deploy to accelerate stablecoin adoption in public-sector use cases: 1) Regulatory clarity via bespoke stablecoin frameworks, 2) Central bank digital currency (CBDC) interoperability mandates, and 3) Fiscal stimulus pilot programs.
Source: Funds Society
The Three Levers Explained
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Bespoke Stablecoin Regulation:
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Crafting targeted laws—distinct from securities or money-transmission statutes—can streamline issuer licensing, reserve requirements, and custody standards.
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CBDC Interoperability Mandates:
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Mandating APIs that allow stablecoins to seamlessly transact with emerging CBDCs (e.g., the e-Euro) prevents fragmentation and spurs innovation.
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Stimulus & Grant Pilots:
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Direct funding of social benefits via approved stablecoins (e.g., for disaster relief or tax rebates) bootstrap user familiarity and network liquidity.
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Broader Implications
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Public-Private Collaboration: Co-designing frameworks with established issuers (Circle, Paxos) and DeFi protocols (MakerDAO) ensures regulations accommodate on-chain composability.
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Financial Inclusion: Well-regulated stablecoins can deliver faster, cheaper payouts to under-served communities—particularly across EU-Africa corridors.
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Monetary Stability: Clear guidelines on reserve management and auditing bolster confidence, reducing redemption risk and contagion from issuer failures.
Opinion & Outlook
Stablecoins are the on-ramp to blockchain-based public finance. Yet, regulatory ambiguity has constrained adoption to niche corporate pilots. By wielding these three levers, policymakers can foster a harmonized, innovation-friendly environment—balancing risk mitigation with pace. For blockchain firms, engaging early in consultations and sandbox programs is vital. And investors should track jurisdictions piloting stablecoin grants—these will likely become blueprints for global standard-setting.
4. JPMorgan Bridges Blockchain and TradFi in Landmark Pilot
What Happened: JPMorgan executed its first public blockchain pilot facilitating an institutional cross-border payment between its New York and London operations, using Quorum-based channels and a tokenized USD settlement layer.
Source: CryptoSlate
Pilot Details
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Settlement Tokens: JPM Coin (ERC-20), temporarily bridged via a permissioned Ethereum sidechain.
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Transaction Flow:
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NY branch issues JPM Coin to London counterparty.
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Smart contract escrow holds tokens until KYC/AML checks complete.
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Tokens redeemed and fiat disbursed in local currencies.
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Performance Metrics: Settlement finality in <2 minutes (vs. 3–5 business days for SWIFT), throughput of 1,000 txs/sec, and integrated compliance reporting.
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Next Steps: Scaling to 10+ global corridors, public-private partnerships with central banks exploring wholesale CBDC pilots.
Significance
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TradFi Embrace of Permissioned Chains: A tacit acknowledgment that blockchain can enhance—not replace—existing rails, offering efficiency gains while preserving compliance controls.
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Tokenized Fiat’s Viability: Demonstrates tokenization is not academic—banks can leverage stable, permissioned tokens to slash operational costs and risks.
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CBDC Synergies: Success of JPM Coin pilots lays groundwork for eventual CBDC–stablecoin interoperability and reduces friction in wholesale liquidity management.
Opinion & Outlook
JPMorgan’s pilot is more than a proof-point; it’s a template for global banks to integrate blockchain pockets within legacy infrastructure, extracting value without wholesale disruption. Traditional financial institutions should monitor results closely—particularly the compliance integration and counterparty risk profiles. Meanwhile, DeFi advocates must acknowledge that permissioned blockchains will coexist with public networks, forming a hybrid financial ecosystem. As central banks advance CBDC initiatives, banks already comfortable with tokenized settlement gain a critical head start.
5. OKX Launches Alt Manchester City Campaign
What Happened: Leading crypto exchange OKX unveiled a multi-year sponsorship campaign with Manchester City FC, launching in-stadium NFT activations, fan token incentives, and Web3 watch parties across global OKX lounges.
Source: PR Newswire
Campaign Highlights
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Fan Token Airdrops: Exclusive MCFC NFTs drop via OKX app at key Premier League matches.
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Stadium Engagement: AR experiences—scan stadium QR codes to unlock private token presales and digital memorabilia.
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Global OKX Lounges: Co-hosted events in Dubai, Singapore, and New York, featuring live match streaming with crypto-themed commentary.
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Charity Tie-In: A portion of secondary NFT sales funds City in the Community foundation projects.
Market & Cultural Impact
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Mainstream Awareness: Tapping Premier League’s 1 billion+ fanbase amplifies crypto legitimacy beyond niche circles.
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Fan Token Renaissance: After token hype waned in 2022, OKX’s integrated approach—blending NFTs and real-world utility—may reignite engagement.
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Regional Growth: Local activations in Asia and Middle East signal OKX’s strategic focus on fast-growing crypto markets hungry for experiential marketing.
Opinion & Outlook
OKX’s Manchester City partnership exemplifies crypto’s turn toward lifestyle branding, where fan loyalty and digital asset ownership intertwine. Success metrics will extend beyond token trading volumes to user-retention, event attendance, and charitable outcomes. Other exchanges and NFT projects should note the power of hybrid physical–digital activations: real-world events lend tangibility to virtual communities, critical for long-term adoption. As sports franchises increasingly seek blockchain partners, expect a new wave of Web3 stadiums, in which every seat becomes a node in a global fan network.
Conclusion: Five Takeaways for Blockchain Stakeholders
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Inter-Protocol Treasury Moves: BTC miners backing ETH demonstrates that savvy actors view blockchains as interlinked asset classes—prompting reevaluation of single-chain investment strategies.
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Community-Governed Ecosystem Funds: Pi Network’s $100 million push underscores the necessity of decentralized governance and milestone-based funding to catalyze genuine on-chain activity.
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Regulation as Enabler: Structured stablecoin frameworks, CBDC interoperability, and stimulus grants illustrate how public-sector levers can accelerate blockchain’s maturation and real-world use cases.
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TradFi Co-Optation of Blockchain: JPMorgan’s pilot shows that traditional banks will increasingly embed permissioned tokens and smart-contract rails into core operations—integration, not replacement, is the watchword.
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Mainstream Partnerships Fuel Adoption: OKX’s Man City campaign spotlights the power of mixing digital assets with live events to onboard mass audiences and give blockchain a cultural foothold.
As blockchain’s infrastructure deepens—from miner balance sheets and institutional rails to fan experiences and public-sector deployments—stakeholders must adopt a multi-vector lens: blending treasury strategy, regulatory engagement, technological integration, and experiential marketing. Tomorrow’s top headlines will hinge on how well projects and institutions navigate this complex ecosystem—so stay tuned, stay diversified, and keep validating your own node of opportunity in Web3’s grand experiment.
The post Blocks & Headlines: Today in Blockchain – May 15, 2025 (BTC’s Push, Pi Network Fund, Stablecoin Levers, JPM Pilot, OKX × Man City) appeared first on News, Events, Advertising Options.
Blockchain Press Releases
HTX Hot Listings Week 6 May 2025: Top Gainer Up 521% as Bitcoin Breaks $100K Again
SINGAPORE, May 15, 2025 /PRNewswire/ — As Bitcoin surged back above $100,000, the crypto market saw a notable resurgence in trading activity and investor enthusiasm over the past week. On HTX, several trending tokens—spanning Solana Memecoins, Ethereum Memes, AI, and Restaking sectors—recorded sharp gains and significant trading volume from May 6 to May 12. Below are the recently standout tokens based on 7-day performance:
Solana Meme Sector
MOODENG (+521%)
Inspired by the viral pygmy hippopotamus “Moo Deng” in Thailand, this token combined community-driven buzz and the surging popularity of Solana Meme coins to become the week’s most impressive gainer, skyrocketing over fivefold.
For details, please read: What is MOODENG?
GOAT (+164%)
As the First meme coin created by truth_terminal, GOAT is inspired by a notorious internet meme and becomes a symbol of the AI’s capacity for randomness, disruption, and memetic influence. Positioned at the intersection of AI and meme culture, GOAT quickly captured market attention with over $200 million in trading volume just days after its launch.
For details, please read: What is GOAT?
PNUT (+147%)
PNUT pays tribute to Peanut the Squirrel, which was taken away by NYSDEC and euthanised. It blends political satire with meme culture, gaining further attention after Elon Musk reposted related content on X, driving strong community engagement.
For details, please read: What is PNUT?
GRIFFAIN (+78%)
Griffain is a blockchain-based AI platform designed to operate within the Solana ecosystem. The project focuses on creating a robust and scalable DeFi solution that supports seamless token swaps, liquidity provision, and ecosystem growth. It aims to empower users with efficient tools for trading and managing digital assets while maintaining transparency and decentralization as core principles.
For details, please read: What is GRIFFAIN?
Ethereum Meme Sector
NEIRO (+104%)
NEIRO is the Shiba Inu who has gained popularity on social media, similar to Kabosu (DOGE). As a retro-style Ethereum meme token, NEIRO taps into nostalgia with classic meme aesthetics and narrative playbooks. Its rapid rise last week signals renewed interest in vintage meme formats.
For details, please read: What is NEIRO?
PEPE (+80%)
PEPE leverages the cultural significance of the meme, positioning itself in the meme coin market alongside Dogecoin and Shiba Inu. It has no intrinsic utility beyond speculative trading, with its rapid rise fueled by social media, exchange listings, and the overall meme coin trend. The token’s resurgence affirms its solid community foundation and lasting appeal.
For details, please read: What is PEPE?
DEGEN (+161%)
Degen started as a meme token on the BASE chain for rewarding participants in the Farcaster Degen channel but gained quite some attention due to its performance in the secondary market.
For details, please read: What is DEGEN?
AI & Restaking Sectors
KAITO (+113%)
KAITO is the native token and the fundamental building block of the AI-powered InfoFi network. It helps shape the direction of the ecosystem by influencing how attention is allocated across the network.
For details, please read: What is KAITO?
ETHFI (+98%)
ETHFI is the token of Ether.fi, which is a non-custodial liquidity staking protocol that allows stakers to maintain control over their private keys, thereby ensuring the security and autonomy of their assets.
For details, please read: What is ETHFI?
*The above content is not an investment advice and does not constitute any offer or solicitation to offer or recommendation of any investment product.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.
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Blockchain Press Releases
Fintica AI and Mima Wallet Announce Strategic Partnership and Launch Joint Venture, Fintica Crypto Ltd
HONG KONG, May 15, 2025 /PRNewswire/ — Fintica AI Ltd, a pioneer in next-generation artificial intelligence technologies for capital markets, and Mima Wallet, a Hong Kong-based firm specializing in secure crypto wallet infrastructure with a strategic focus on Mainland China and the Greater China region, today announced a strategic partnership and the launch of their joint venture: Fintica Crypto Ltd.
This collaboration marks a pivotal milestone in both companies’ efforts to accelerate innovation across digital asset markets. Fintica Crypto Ltd will combine Fintica AI’s proprietary unsupervised AI platform with Mima Wallet’s cutting-edge security solutions to develop next-generation crypto trading products tailored to the evolving needs of the Greater China region.
The joint venture aims to serve as a launchpad for AI-driven trading and security solutions—bringing together Fintica AI’s advanced analytics and Mima Wallet’s quantum-resistant infrastructure to address growing demand for secure, intelligent, and accessible crypto investment tools.
Julien Gall, CEO of Mima Wallet, commented:
“We are excited to collaborate with Fintica AI and its world-class AI technology team. Fintica’s academic depth and R&D expertise in quantitative modeling, combined with Mima’s proven high-security infrastructure, creates a powerful foundation for delivering transformative innovation in digital asset protection and trading.”
He added: “At Mima Wallet, our mission is to maximize simplification and deliver an intuitive, user-friendly experience. With an ageing population and the next wave of crypto users expected to be 40 and above, accessibility is critical. Our AI-powered prompts will guide users through secure transactions, making crypto easy and intuitive for everyone.”
Thomas Zeeb, Chairman of Fintica AI Advisory board, stated:
“Our partnership with Mima Wallet is a strategic leap forward in realizing our vision to redefine financial markets through advanced AI. Together, we will explore the vast potential of Hong Kong and Greater China’s financial ecosystems and deliver impactful, AI-powered solutions for the crypto economy.”
About Fintica AI Ltd
Headquartered in Tel Aviv, Fintica AI delivers advanced AI-powered solutions for global capital markets. Its flagship platform, Spectrum MRI, provides predictive analytics and real-time risk management across equities, fixed income, commodities, and digital assets.
About Mima Wallet
Mima Wallet is a Hong Kong-based security infrastructure firm focused on the crypto market. Its core innovation, the “Double Face” neurometric and biometric authentication technology, is a certified quantum-resistant system that ensures privacy and universal device compatibility—enabling secure crypto access for all, regardless of device sophistication.
For more information:
Visit www.fintica-ai.com and www.mimawallet.com
Contact: [email protected] and [email protected]
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