Blockchain Press Releases
NEAR Foundation and Polygon Labs join forces to build Zero-Knowledge Solution for WASM Chains

Leading ZK researchers and WASM experts to develop a zero-knowledge prover for WASM blockchains available via Polygon CDK
- The zkWASM collaboration leverages Polygon Labs’ groundbreaking zero-knowledge R&D with NEAR Foundation’s WASM expertise, positioning this ZK solution at the forefront of the Web3 market
- zkWASM will eventually be one of three provers available for developers who choose to build with Polygon Chain Development Kit (CDK), an open source codebase for launching ZK-powered L2 chains for Ethereum
- NEAR Foundation becomes a core contributor to Polygon CDK
- This pioneering research initiative will pave the way for greater trustless interoperability across Web3, including between NEAR and the Ethereum ecosystem
LISBON, Portugal, Nov. 8, 2023 /PRNewswire/ —NEAR Foundation, the non-profit that supports the growth and development of the NEAR ecosystem, and Polygon Labs, a software development company for leading Ethereum Layer 2 scaling architecture, announce a strategic collaboration to build zkWASM, a zero-knowledge (ZK) prover for WASM blockchains. With Polygon Labs’ authority in ZK scaling technology and NEAR’s deep WASM runtime expertise, the zkWASM prover is positioned to lead the market among other wasm provers when it launches next year. Both teams shared the announcement today at the NEAR ecosystem’s annual flagship conference, NEARCON, in Lisbon.
This announcement brings together two leading protocol teams to build a more secure, interoperable Web3 ecosystem. A zkWASM prover positions NEAR Protocol closer to Ethereum and enables WASM chains to tap into Ethereum liquidity. In the future, through an in-development interoperability layer, chains will also be able to access shared liquidity in a unified ecosystem of CDK-deployed chains, including alternative layer-1s, EVM layer-2s, and WASM chains. Using a zkWASM prover, WASM chains will be able to settle transactions efficiently and cost-effectively with maximum security guarantees, unlocking the full potential of zero-knowledge for the multichain future of Web3.
“We are proud to collaborate with NEAR on this exciting research initiative to further drive the development and adoption of ZK technology. The zkWASM prover maximizes developer customizability, which means projects will be able to select from a number of provers when building with CDK, whether that’s launching or migrating an EVM chain, or building a WASM chain for closer Ethereum alignment and access to liquidity,” said Sandeep Nailwal, co-founder of Polygon.
A zkWASM prover will be an upgrade for NEAR validators–instead of the hard work of validating a shard, validators will instead be able to generate a single zero-knowledge proof, greatly simplifying validator requirements. This means better scalability and increased decentralization for the NEAR Protocol.
“We are very excited to work with Polygon Labs to bring all the benefits of zero-knowledge proofs not just to NEAR but all of Web3,” said Illia Polosukhin, co-founder of NEAR Protocol. “NEAR is integrating more with Ethereum by innovating in new research frontiers, and the shared expertise of NEAR and Polygon will expand the ZK landscape and defragment liquidity across chains. Creating and using the zkWASM prover will also improve the scalability and decentralization of the NEAR L1.”
The zkWASM prover is now in active development and is expected to launch next year.
About NEAR Foundation:
NEAR foundation is a Switzerland-based nonprofit foundation whose mission is to enable community driven innovation to benefit people around the world. One of its core areas of focus is the NEAR ecosystem, which includes a fully operational decentralized Blockchain-based platform for building decentralized applications.
NF carries out its mission, primarily through the allocation of support and resources to other nodes in the near ecosystem, rather than via direct intervention or operations.
Unlike many organizations of its type, NF’s ultimate goal is to minimize its own scope and footprint by continuing to divide functions and resources to the ecosystem; and support the development of decentralized infrastructure necessary for those ecosystem functions to operate in a self-sufficient manner. For more information visit the website.
About Polygon Labs:
Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure and sustainable blockchain infrastructure for web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. Scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized apps, unique addresses exceeding 220.8 million, over 1.18 million smart contracts created and 2.48 billion total transactions processed since inception. The existing Polygon network is home for some of the biggest web3 projects, such as Aave, Uniswap, and OpenSea, and well-known enterprises, including Robinhood, Stripe and Adobe. Polygon Labs is carbon neutral with the goal of leading web3 in becoming carbon negative.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure transactions for dApps you develop, get started here.
Website | Twitter | Developer Twitter | Telegram | LinkedIn | Reddit | Discord | Instagram | Facebook
CONTACT:
Georgia Hanias
press@near.foundation

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Blockchain
Blocks & Headlines: Today in Blockchain – April 7, 2025: Featuring Ripple, Blockchain Group, and Georgia Blockchain Education

Welcome to Blocks & Headlines: Today in Blockchain – April 7, 2025, your op-ed-style daily briefing that cuts through the clutter to deliver the most important updates and in-depth analysis in the blockchain and cryptocurrency space. Today’s edition brings you an extensive review of transformative developments in blockchain technology, from innovative applications in humanitarian aid and financial infrastructure to groundbreaking educational reforms and strategic corporate maneuvers. We highlight Ripple’s real-world test of rlusd in Kenya, explore how blockchain has evolved from a fringe technology into a bankable asset, examine a new blockchain tool launched by creative artists to protect intellectual property from AI, detail a significant share subscription warrant allocation by The Blockchain Group, and delve into legislative efforts in Georgia aimed at integrating blockchain education into K-12 schools.
In a rapidly evolving digital landscape where blockchain, cryptocurrency, Web3, DeFi, and NFTs are reshaping industries, today’s briefing offers an engaging, opinion-driven narrative that not only informs but also interprets the broader implications of these developments. Our analysis is crafted to help investors, technologists, policymakers, and enthusiasts understand how these trends interact and shape the future of digital finance, creative ownership, and educational innovation.
Introduction: A New Era in Blockchain Innovation
The blockchain industry is at a crossroads. Once regarded as a niche technology, blockchain has now become a fundamental building block for transforming industries—from revolutionizing global financial systems through cryptocurrency and DeFi to redefining digital art with NFTs and advancing secure data sharing in Web3 ecosystems. Today, as we explore key updates from Ripple, visionary artists, corporate strategists, and legislative pioneers, we see that the momentum behind blockchain innovation shows no sign of slowing.
The integration of blockchain into humanitarian projects, financial infrastructure, creative industries, corporate governance, and education illustrates how pervasive and influential this technology has become. The current wave of initiatives not only underscores blockchain’s technological prowess but also its potential to address critical societal challenges, spur economic growth, and democratize access to digital tools.
Throughout this briefing, we will examine each story through an engaging, opinion-driven lens, considering the implications of these developments for the broader blockchain ecosystem. We explore how these diverse trends collectively signal a shift toward more secure, transparent, and inclusive digital infrastructures. This daily roundup is designed to equip you with the insights needed to navigate the dynamic intersection of technology, finance, and regulation in today’s blockchain landscape.
Ripple’s rlusd Deployment in Kenya: Blockchain in Action
In a bold move that highlights blockchain’s potential to drive social impact, Ripple has deployed its rlusd solution in Kenya. As the country faces real-world challenges—particularly severe drought conditions that threaten both livelihoods and economic stability—Ripple’s innovative approach aims to bring blockchain technology to bear on humanitarian aid. This initiative is currently undergoing its first real-world test, assessing the effectiveness of blockchain-enabled financial solutions in crisis management.
The rlusd Initiative: Concept and Implementation
Ripple’s rlusd (Ripple Liquidity USD) is designed to provide an efficient and secure means of transferring funds in regions where traditional financial infrastructure may be lacking or overburdened. In Kenya, where drought has severely impacted agricultural outputs and local economies, access to fast and reliable financial services is critical. By leveraging blockchain’s inherent transparency and security features, rlusd offers a robust mechanism for distributing aid and supporting local communities.
This deployment is significant for several reasons:
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Financial Inclusion: The initiative seeks to bridge the gap between underbanked populations and global financial networks, ensuring that those in need have timely access to funds.
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Operational Efficiency: Blockchain technology minimizes intermediaries, reduces transaction costs, and speeds up fund transfers—a crucial factor in emergency situations.
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Transparency and Accountability: With every transaction recorded on an immutable ledger, stakeholders can track the flow of funds, thereby increasing trust and accountability in aid distribution.
Real-World Impact and Challenges
While the promise of blockchain in humanitarian efforts is immense, the implementation of such technologies in regions facing severe socio-economic challenges is not without hurdles. Issues such as network reliability, digital literacy, and regulatory compliance must be carefully navigated. Ripple’s test in Kenya is therefore not only a technological experiment but also a litmus test for the broader applicability of blockchain-based aid solutions in similar contexts worldwide.
In our view, this initiative represents a turning point where blockchain transcends the realm of finance and enters the domain of social innovation. The outcome of this trial could pave the way for more extensive blockchain adoption in crisis management, disaster relief, and rural development initiatives globally.
Source: Bitcoin.com
From Fringe to Financial Infrastructure: Blockchain’s Journey to Bankability
Once dismissed by many as a speculative fad, blockchain has emerged as a robust foundation for modern financial infrastructure. The evolution of blockchain from a fringe technology to a key driver of digital transformation in finance is the subject of a recent in-depth analysis by PYMNTS. This story explores the factors that have propelled blockchain into the mainstream, making it an essential tool for banks, payment processors, and financial institutions worldwide.
The Evolution of Blockchain
Over the past decade, blockchain has undergone a remarkable transformation. Early criticisms about its scalability, energy consumption, and regulatory ambiguity have gradually given way to a recognition of its potential to streamline processes, enhance transparency, and reduce fraud. Today, blockchain is not only central to the operation of cryptocurrencies like Bitcoin and Ethereum but is also powering a wide array of decentralized finance (DeFi) applications and digital asset management systems.
Key milestones in blockchain’s journey include:
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Institutional Adoption: Major banks and financial institutions are now integrating blockchain into their payment systems, trade finance, and regulatory reporting processes.
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Technological Advancements: Improvements in consensus algorithms, scalability solutions, and interoperability protocols have addressed many early challenges, enabling blockchain to support high-volume, real-time transactions.
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Regulatory Clarity: As regulators around the world become more familiar with blockchain technology, a more supportive legal framework is emerging, paving the way for wider adoption.
Why Blockchain Became Bankable
The turning point for blockchain’s bankability lies in its ability to solve real-world problems that traditional systems struggle with. By enabling faster, more secure, and transparent transactions, blockchain provides a compelling alternative to outdated legacy systems. This has not only attracted institutional investors but has also fostered a new generation of blockchain-based financial services that are reshaping how money is moved, stored, and managed.
In our opinion, the transition of blockchain from a niche technology to a cornerstone of financial infrastructure is a testament to its resilience and versatility. The lessons learned from this journey are critical for understanding the broader dynamics of technological disruption in the financial sector. As more industries begin to adopt blockchain for its inherent advantages, the once-doubted technology is now recognized as a key enabler of digital transformation and economic innovation.
Source: PYMNTS
Artists Launch Blockchain Tool to Defend Creative Ownership from AI
In an era where artificial intelligence is rapidly advancing, creative professionals are grappling with new challenges to their intellectual property rights. A group of forward-thinking artists has launched an innovative blockchain tool designed to protect creative ownership from unauthorized exploitation by AI systems. This groundbreaking initiative is aimed at ensuring that artists retain control over their work and are duly compensated for their creativity in a digital age increasingly dominated by automated systems.
The Need for Creative Protection
The intersection of AI and creativity has opened up unprecedented opportunities for content creation, but it has also raised serious concerns about originality and copyright infringement. As AI algorithms become more sophisticated in generating art, music, and literature, the risk of unlicensed reproductions and intellectual property theft escalates. In response, these pioneering artists have turned to blockchain technology, which offers a tamper-proof, decentralized method of registering and verifying creative works.
How the Blockchain Tool Works
This new blockchain tool leverages non-fungible tokens (NFTs) and smart contracts to create a secure, verifiable record of creative ownership. By minting their work as NFTs on a blockchain, artists can:
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Establish Provenance: Securely timestamp and document the creation and ownership of their work.
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Enable Automated Royalties: Use smart contracts to ensure that royalties are automatically distributed whenever their work is sold or licensed.
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Enhance Transparency: Provide potential buyers and collaborators with a clear, immutable history of the work’s authenticity and ownership.
Broader Implications for the Creative Industry
The launch of this blockchain tool is a significant development for the creative community. It not only empowers artists to protect their intellectual property but also sets a precedent for how blockchain technology can be used to address the complex challenges posed by AI in creative fields. In our view, this initiative is a welcome innovation that has the potential to reshape the landscape of digital rights management and ensure that the contributions of human creativity are respected in an increasingly automated world.
Moreover, this project highlights the growing convergence between the worlds of art and technology. As blockchain becomes more integrated into the fabric of creative industries, we can expect to see a surge in innovative solutions that bridge the gap between traditional artistic practices and the digital age.
Source: Tribune
The Blockchain Group’s Strategic Move: Free Allocation of Share Subscription Warrants
In a move that underscores its commitment to driving digital transformation and enhancing shareholder value, The Blockchain Group has announced the free allocation of share subscription warrants (BSA) to its shareholders. This strategic decision is intended to accelerate the company’s growth and fortify its position in the competitive blockchain sector.
Understanding the Strategic Rationale
The free allocation of share subscription warrants is a financial maneuver that provides existing shareholders with the opportunity to purchase additional shares at a predetermined price. This mechanism not only rewards loyal investors but also injects additional capital into the company without resorting to traditional fundraising methods.
For The Blockchain Group, this initiative is part of a broader strategy to:
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Enhance Capital Efficiency: By leveraging warrant allocations, the company aims to bolster its balance sheet and support further innovation.
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Foster Investor Confidence: Rewarding shareholders directly through free allocations reinforces trust and signals the company’s long-term commitment to growth.
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Accelerate Digital Transformation: The infusion of capital is expected to drive research and development, enabling the launch of new blockchain-based solutions and expanding market reach.
Industry Implications and Market Outlook
In an op-ed perspective, this strategic move by The Blockchain Group illustrates how established blockchain companies are evolving their financial strategies to remain competitive. As the blockchain industry matures, innovative funding mechanisms like warrant allocations are becoming more common. They provide companies with the flexibility to adapt to market conditions and invest in next-generation technologies without compromising shareholder value.
The implications of this move are far-reaching. It not only strengthens the financial foundation of The Blockchain Group but also sets a benchmark for other players in the blockchain space to follow. In our view, such strategies are essential for ensuring that blockchain companies can navigate the challenges of rapid technological change and capitalize on emerging opportunities in a highly competitive market.
Source: ActusNews
Blockchain Education in Georgia: A Legislative Leap for K-12
In a groundbreaking move that reflects the increasing recognition of blockchain’s transformative potential, the Georgia House of Representatives has proposed a legislative initiative to introduce blockchain education in K-12 schools. This proposal marks a bold step toward integrating emerging technologies into mainstream education and preparing the next generation for a digital future dominated by blockchain and cryptocurrency innovations.
The Vision for Blockchain in Education
The proposed legislation aims to incorporate blockchain-related topics into the existing curriculum, offering students insights into the fundamentals of blockchain technology, cryptocurrencies, decentralized finance (DeFi), and non-fungible tokens (NFTs). The goal is to equip young learners with the skills and knowledge necessary to navigate an increasingly digital and decentralized world.
Key elements of the proposal include:
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Curriculum Development: Creating comprehensive educational modules that cover the technical, economic, and ethical aspects of blockchain technology.
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Teacher Training: Implementing training programs to help educators effectively deliver blockchain-related content.
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Collaborative Initiatives: Encouraging partnerships between schools, technology companies, and industry experts to develop hands-on learning experiences and practical applications.
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Future-Ready Skills: Fostering a mindset of innovation and critical thinking that will empower students to contribute to the evolving digital economy.
Potential Impact on the Broader Ecosystem
This legislative proposal carries significant implications for the future of education and the blockchain industry. By introducing blockchain education at an early stage, Georgia is taking proactive steps to close the digital skills gap and inspire a new generation of innovators. In our analysis, such initiatives are not only crucial for enhancing technological literacy but also for driving long-term economic growth by ensuring that future professionals are well-versed in emerging technologies.
Moreover, integrating blockchain education into the school curriculum will likely spur increased interest in related fields such as computer science, cybersecurity, and fintech. This multidisciplinary approach is expected to create a fertile ground for innovation, as students learn to apply blockchain concepts to a wide range of challenges and opportunities in the digital age.
Source: CryptoNinjas
Extended Analysis: Trends, Challenges, and Future Prospects
As we reflect on today’s diverse range of stories, several key themes emerge that are reshaping the landscape of blockchain and cryptocurrency. This extended analysis examines the broader trends, challenges, and opportunities that these developments represent.
1. The Convergence of Technology and Social Impact
One of the most compelling narratives in today’s briefing is the convergence of blockchain technology with social impact initiatives. Ripple’s deployment of rlusd in Kenya is a prime example of how blockchain can be harnessed to address pressing humanitarian challenges. By providing efficient, secure, and transparent financial services, blockchain solutions like rlusd have the potential to transform aid distribution in regions facing economic and environmental crises. This intersection of technology and social good is likely to inspire further initiatives where blockchain serves as a tool for driving sustainable development and fostering financial inclusion.
2. Evolution from Fringe to Financial Mainstream
The journey of blockchain from a speculative curiosity to a core component of financial infrastructure is one of the most striking transformations in the tech world. The PYMNTS analysis highlights how blockchain has matured into a bankable technology that underpins modern financial systems. The evolution of blockchain into a trusted platform for transactions, asset management, and regulatory compliance is a testament to its resilience and adaptability. In our view, the increasing integration of blockchain into traditional financial institutions and the rapid expansion of DeFi applications signal that blockchain is here to stay as a foundational element of global finance.
3. Empowering Creativity and Protecting Intellectual Property
The launch of a blockchain tool by artists to defend creative ownership from AI represents a critical development at the nexus of technology and creativity. As AI continues to evolve, the need to protect intellectual property becomes ever more urgent. Blockchain’s inherent ability to provide immutable records and enforce automated contracts through NFTs and smart contracts offers a viable solution to these challenges. This initiative not only safeguards the rights of creative professionals but also sets the stage for a broader rethinking of digital rights management in an era where traditional models are increasingly inadequate.
4. Strategic Corporate Maneuvers in a Dynamic Market
The Blockchain Group’s free allocation of share subscription warrants is a clear indicator of how companies in the blockchain space are adapting their financial strategies to secure long-term growth. Strategic moves such as these highlight the importance of financial agility and innovation in a rapidly evolving market. As blockchain companies strive to build resilient business models, such corporate maneuvers will play a crucial role in ensuring that they can continue to invest in research, development, and market expansion.
5. The Future of Education in a Decentralized World
The proposal to integrate blockchain education into Georgia’s K-12 curriculum is a visionary step that underscores the need for early exposure to emerging technologies. By embedding blockchain literacy in school curricula, educators can empower the next generation with the tools needed to succeed in a decentralized digital economy. This forward-thinking approach not only addresses the skills gap in the technology sector but also encourages a culture of innovation and lifelong learning—a crucial ingredient for future economic growth.
6. Challenges and Opportunities for the Blockchain Ecosystem
Despite its many successes, the blockchain industry faces significant challenges. Regulatory uncertainty, scalability issues, and energy consumption concerns continue to be major hurdles. However, the momentum behind blockchain innovation is driving the development of new solutions that address these issues. Improved consensus mechanisms, greener blockchain protocols, and more adaptive regulatory frameworks are all part of the ongoing effort to create a more sustainable and resilient blockchain ecosystem. In our opinion, the challenges that lie ahead are significant, but so are the opportunities. The interplay between technological advancements and regulatory evolution will determine how quickly and effectively blockchain can realize its full potential in transforming various sectors.
Conclusion: Today’s Major Takeaways
Today’s edition of Blocks & Headlines: Today in Blockchain – April 7, 2025 has taken us on a sweeping journey through the transformative world of blockchain and cryptocurrency. We have seen how Ripple’s rlusd deployment in Kenya is leveraging blockchain to bring much-needed financial inclusion to crisis-affected regions, and how blockchain’s evolution from a fringe technology to a cornerstone of financial infrastructure is reshaping global finance.
We examined the innovative response by creative professionals who are using blockchain to safeguard intellectual property in the age of AI, and we explored The Blockchain Group’s strategic rebranding efforts aimed at accelerating digital transformation through innovative financial maneuvers. Additionally, the proposal to integrate blockchain education into Georgia’s K-12 curriculum represents a visionary leap toward preparing the next generation for a decentralized future.
The key takeaways from today’s briefing include:
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Social Impact and Innovation: Blockchain is increasingly being deployed in real-world applications that address critical social and economic challenges, as exemplified by Ripple’s initiative in Kenya.
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Mainstream Adoption: The journey of blockchain from a fringe experiment to a vital element of financial infrastructure is well underway, driving significant changes in how institutions manage and secure digital transactions.
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Protecting Creativity: New blockchain tools are emerging to defend creative ownership in a world where AI is reshaping the landscape of art and intellectual property.
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Strategic Financial Moves: Corporate strategies, such as the free allocation of share subscription warrants by The Blockchain Group, signal a maturing market that is adapting its financial strategies to support sustained innovation.
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Education and Future Skills: Legislative efforts to incorporate blockchain into K-12 education highlight the importance of preparing young minds for a digital economy driven by decentralized technologies.
In our view, today’s developments illustrate that blockchain technology is not just a passing trend—it is a critical component of the digital transformation sweeping across industries worldwide. As blockchain continues to mature, its applications will become even more integrated into everyday life, driving efficiency, security, and transparency in ways that we are only beginning to understand.
As you reflect on today’s news and insights, consider how these trends might shape the future of business, technology, and society. The rapid evolution of blockchain and cryptocurrency is opening new avenues for innovation, investment, and global collaboration. Whether you are a seasoned investor, an industry professional, or a curious enthusiast, staying informed and engaged with these developments will be key to navigating the future of digital technology.
Thank you for joining us on this comprehensive exploration of the day’s most significant blockchain stories. Stay tuned for future editions of Blocks & Headlines as we continue to bring you in-depth analysis, expert opinions, and the latest updates from the cutting edge of blockchain and cryptocurrency innovation.
Extended Analysis and Final Reflections
Today’s in-depth briefing demonstrates that blockchain technology is now at the heart of digital innovation across multiple dimensions. Ripple’s groundbreaking deployment of rlusd in Kenya serves as a reminder that blockchain can drive tangible social benefits by providing secure, efficient financial solutions in times of crisis. Meanwhile, the evolution of blockchain into a trusted financial infrastructure underlines how this once-niche technology is now central to global finance and digital asset management.
The creative community’s initiative to launch a blockchain tool for defending intellectual property marks an important milestone in protecting the rights of artists in the age of AI. By harnessing the immutable nature of blockchain, artists are finding new ways to secure their creative work and ensure fair compensation—a move that could have lasting implications for digital content and the broader creative economy.
Furthermore, strategic corporate decisions, such as The Blockchain Group’s allocation of share subscription warrants, highlight the dynamic nature of the market. These financial strategies not only strengthen companies but also pave the way for further investment in research and development. In parallel, the forward-thinking legislative proposal in Georgia to integrate blockchain education into K-12 curricula signals a commitment to equipping future generations with the skills needed to thrive in a decentralized digital economy.
Collectively, these stories paint a picture of an industry that is robust, adaptive, and ever-evolving. The challenges are significant—ranging from technical hurdles to regulatory uncertainties—but the opportunities for innovation and positive social impact are even greater. As blockchain technology continues to mature, its integration across various sectors will undoubtedly reshape our understanding of security, transparency, and financial inclusion in the digital era.
As we look to the future, it is clear that blockchain will play an increasingly vital role in driving economic growth, fostering innovation, and addressing some of the most pressing challenges of our time. The collaborative efforts between technology developers, industry leaders, policymakers, and educators will determine how effectively we can harness this technology for the greater good.
Thank you for engaging with this detailed exploration of today’s blockchain landscape. We hope this briefing provides valuable insights and spurs thoughtful discussion on the future of blockchain and cryptocurrency. Stay informed, stay innovative, and join us tomorrow for another deep dive into the transformative world of digital technology.
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Blockchain Press Releases
Bybit Unveils Liquidity Shield Trading Frenzy with 1,000,000 USDT Prize Pool

DUBAI, UAE, April 7, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is proud to announce the launch of Liquidity Shield Trading Frenzy, a limited-time initiative designed to empower traders to benefit from Bybit’s leading liquidity and with a chance to win substantial rewards.
From now until May 3, 2025, eligible users may sign up to unlock the Bybit-exclusive protection, offloading pressure of rising volatility in the current market. This program offers participants a chance to compete for a share of a 1,000,000 USDT prize pool across three dynamic activities:
Key Benefits
- Liquidity Shield – Trade with Confidence: A 300,000 USDT prize pool has been allocated to help users mitigate slippage risks during market orders on trending USDT trading pairs. This ensures smoother trading experiences. Participants will be reimbursed for slippage up to 10 USDT per trade and up to 1,000 USDT per user, enhancing trading precision and safeguarding traders against sharp price fluctuations.
- Ultimate 100 – Rewarding Spot Trading Excellence: Spot traders can demonstrate their skills and climb the leaderboard for a share of the 200,000 USDT prize pool. The top 100 traders by volume stand to win rewards as high as 30,000 USDT. With two tiers—Base Pool ($100,000) and Boost Pool ($200,000)—this activity incentivizes high-volume trading while fostering competition among participants.
- Power Boost – Unlock Rewards with Hot Tokens: For traders who prefer trading trending tokens, the Power Boost activity offers access to a massive 500,000 USDT prize pool. By trading selected hot tokens, traders can qualify for multiple pools and maximize their rewards based on trading volume. This initiative caters to diverse trading strategies and encourages exploration of promising assets. The participation threshold for this segment is as low as 500 USDT.
Bybit continues to redefine the trading experience with innovative features like unmatched liquidity protection and dynamic reward structures. For detailed information about eligibility and terms and conditions, users may visit the Bybit Liquidity Shield Trading Frenzy event page.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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Blockchain Press Releases
MANTRA Launches $108,888,888 Ecosystem Fund to Propel RWA Innovation

HONG KONG, April 7, 2025 /PRNewswire/ — MANTRA Chain, a layer 1 blockchain purpose-built for tokenized real-world assets (RWAs), today announced the launch of the MANTRA Ecosystem Fund (MEF), a $108,888,888 million investment initiative designed to accelerate the growth and adoption of projects within the MANTRA ecosystem. The announcement of the MEF arrives after MANTRA became the first DeFi platform to successfully obtain a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.
Supported by a strong network of partners and investors, the MEF will deploy up to $108,888,888 million over the next four years to support high-potential blockchain projects around the world. The MEF will serve as a strategic growth engine, providing capital to startups alongside globally renowned investment firms.
Investment opportunities will be sourced through MANTRA’s vast partner network, including leading incubators and accelerators, and capital partners such as Laser Digital, Shorooq, Brevan Howard Digital, Valor Capital, Three Point Capital, Amber Group, Manifold, UoB Venture, DAMAC, Fuse, LVNA Capital, Forte, and many more. This extensive global reach will ensure that the MEF gains exposure to top-tier projects from around the world.
“In an era where blockchain technology is revolutionizing finance, the MEF will serve as a catalyst for groundbreaking projects that drive real-world adoption through a focus upon the tokenization of real world assets,” said John Patrick Mullin, CEO and founder of MANTRA.
“By aligning with top investors and incubators, we are opening doors for visionary founders and teams to join us in building and creating a thriving ecosystem and bringing more of the world on-chain.”
Gideon Daitz, partner at Three Point Capital, who will lead the MEF said, “Our primary mission with the MEF is to support the development of RWA tokenization globally, empowering teams with capital, network, and advice to put the world’s highest-quality assets on-chain. We are primarily focused on building out the MANTRA ecosystem, but we genuinely believe in playing a non-zero-sum game, where collaboration and a broad open-arms policy will serve our community and industry best.”
Further adding, “We are seeking to make high conviction, resource heavy developments into fewer more focused teams, ultimately fostering stronger and more ingrained ties through our diverse network of resources.”
The MEF aims to attract and support the best teams in the world innovating with RWA tokenization, welcoming projects at any developmental stage, and even those that are chain agnostic. By fostering collaboration between blockchain pioneers and leading investment firms, MEF is set to become a major force in the evolution of DeFi and RWA adoption.
For more information on how to apply, visit MANTRAChain.io.
About MANTRA
MANTRA Chain is a purpose-built Layer 1 blockchain for real-world assets, capable of adherence to real world regulatory requirements. As a permissionless chain, MANTRA Chain empowers developers and institutions to seamlessly participate in the evolving RWA tokenization space by offering advanced technology modules, compliance mechanisms, and cross-chain interoperability.
MANTRA holds a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA), to operate as a Virtual Asset Exchange, as well as provide Broker-Dealer and Management and Investment Services.
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MEXC to List StakeStone (STO) to Support Omnichain Liquidity Innovation with 130,000 USDT Airdrop+ Rewards
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Blockchain Press Releases5 days ago
KuCoin Surpasses 40 Million Registered Users, Demonstrating Commitment to Compliance and Innovation
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Blockchain Press Releases6 days ago
FDA Watch: The Quiet Gold Rush in AI-Powered Medical Devices
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Blockchain Press Releases7 days ago
Bybit Leads March Capital Inflows and Reclaims No.2 in Trading Volume