Blockchain Press Releases
HTX Ventures Invests in ChainML, Developer of Theoriq AI Agent Protocol, to Support Decentralized AI Agent Protocol Development
SINGAPORE, May 14, 2024 /PRNewswire/ — With a commitment to broadening the reach and usability of blockchain technologies, HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in ChainML, a Silicon Valley-based AI and ML development and research lab that recently unveiled its groundbreaking Agentic Base Layer, Theoriq.
ChainML recently raised $6.2 million during its Super Seed funding round, led by Hack VC. The funding underscores the confidence and excitement surrounding ChainML’s vision to seamlessly integrate AI into the decentralized world of blockchain and revolutionize the AI landscape. By providing a platform like Theoriq for limitless AI innovation, built on the principles of composability, extensibility, and community-driven governance, ChainML promises to offer an unmatched ecosystem for deploying sophisticated AI agents that leverage Web3 technology to ensure transparency, security, and efficiency.
Theoriq’s axioms, based on principles of social evolution and implemented with blockchain, lay the foundation for continuously improving, community-governed AI systems.
Key features include:
- Agentic Primities: Fundamental elements in the ecosystem that facilitate autonomous interaction, embodying roles, behaviors, and functions that contribute directly to an agent’s capacity to operate independently within its environment.
- Modular Composability: Allowing developers to craft tailored AI solutions that can combine and be recombined to create sophisticated systems to evolve and adapt over time.
- Community Permissioned Governance: Ensuring that decision-making authority is vested in a diverse group of community stakeholders who actively contribute to and provide feedback on the quality of AI agents, ensuring that the technology aligns with collective goals and values.
Edward, Managing Partner at HTX Ventures, said “ChainML’s Theoriq is an innovative platform that provides an actionable solution for AI agents to interact interchangeably, packed with more autonomy and capability. The platform paves the way for the future of AI, we are excited to be part of this journey.”
“Today marks a pivotal moment for ChainML and for the broader AI and Web3 communities,” said Ron Bodkin, Co-founder & CEO of ChainML. “With Theoriq, we’re not just launching a product—we’re spearheading a movement towards a transparent, community-governed AI ecosystem. HTX Ventures’ support will be instrumental as we unlock new potentials for AI integration within the decentralized space.”
HTX Ventures is excited to support innovative projects like ChainML, which combine AI development with blockchain to explore new synergies. Users can interact with the Theoriq testnet this summer by joining the waitlist.
Contact Details
Michael Wang
[email protected]
Company Website
https://www.htx.com/en-us/ventures
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View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-invests-in-chainml-developer-of-theoriq-ai-agent-protocol-to-support-decentralized-ai-agent-protocol-development-302144332.html
Blockchain Press Releases
Instant Nodes arrives in the USA with Global Payments Giant, Paddle Partnership
DUBAI, UAE, Sept. 11, 2024 /PRNewswire/ — Instant Nodes is thrilled to announce an exciting new partnership with global payment giant, Paddle. This collaboration marks a significant milestone for both companies as both firms join forces to deliver unparalleled on-ramp and off-ramp solutions to the USA market and beyond.
As a leader in blockchain and decentralised solutions, Instant Nodes has strived to provide innovative and efficient services to our customers. Now, with the integration of Paddle, we are set to revolutionise how our services are delivered and monetised.
Why Paddle?
Paddle’s comprehensive platform is designed to handle all aspects of global payments complexity, from subscription management to payment processing. Their expertise in managing complex billing scenarios and ensuring smooth transactions aligns perfectly with our vision at Instant Nodes.
Instant Nodes can leverage Paddle’s technology and tax compliance solutions to streamline operations, enhance customer satisfaction, and develop cutting-edge blockchain solutions.
The Benefits of Our Partnership
This partnership is poised to bring numerous benefits to our clients. With Paddle’s seamless payment infrastructure, Instant Nodes can offer more flexible and efficient billing options, making it easier for clients to access and pay for our services.
Paddle’s robust analytics and reporting tools will provide us with valuable insights into our revenue streams, enabling us to make data-driven decisions to further improve our offerings.
A Word from Our Leaders
Ilgar Alekperov, Founder of Instant Nodes, shared his excitement:
“Partnering with Paddle is a game-changer for us. Their advanced payments infrastructure platform will not only simplify our billing processes and tax compliance but also enhance our overall service delivery. We believe this collaboration will drive significant growth and allow us to better serve our clients with innovative blockchain solutions.“
Dylan Yepes at Paddle also commented:
“We are delighted to partner with Instant Nodes, a company that is at the forefront of blockchain innovation. Our platform is designed to handle the complexities of global payments and billing, and we are confident that Instant Nodes’ customers will greatly benefit from the streamlined processes and enhanced payment experiences we offer.”
To start deploying nodes, visit https://instantnodes.io/
About Instant Nodes
Instant Nodes is an RPC solution which is focused on building data integrity in digital assets blockchains.
X: https://x.com/InstantNodes | Linkedin: https://www.linkedin.com/company/instantnodes/
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View original content:https://www.prnewswire.co.uk/news-releases/instant-nodes-arrives-in-the-usa-with-global-payments-giant-paddle-partnership-302245322.html
Blockchain Press Releases
Velo Labs Brings BlackRock’s Tokenized Short-Term Treasury Fund to Southeast Asia
SINGAPORE, Sept. 11, 2024 /PRNewswire/ — Velo Labs, a global pioneer in Web3-based financial solutions, today announced that the assets that back Velo’s USDV token, the stablecoin of the Velo ecosystem, are now comprised of an investment in BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), tokenized by Securitize. USDV serves as the primary store of value and unit of transfer across Velo’s suite of payment and trading applications.
Over 1 million Velo’s Orbit payment app users and vendors across Southeast Asia leverage USDV for seamless transactions, value storage without a bank account, cross-border money transfers, and off-ramping to local currencies at local banks 24/7 – all while earning yield on-chain. Additionally, Velo’s FX, commodity, and crypto traders on its Universe exchange and DeFi protocol Velo Finance can earn yield on funds held on the exchange and have the opportunity to compound those returns via various Velo liquidity pools and staking programs.
Today’s announcement follows Velo’s recent partnership with the Laos government to tokenize its physical gold reserves. Velo is rapidly establishing itself as a leading provider of blockchain-powered payments, trading, and RWA asset offerings across Asia.
Velo Labs co-chairman Chatchaval Jiaravanon commented: “Velo Labs is very pleased to bring BlackRock’s high-quality institutional yield product to Southeast Asia. At Velo, we are building the bridges and rails that will ensure frictionless, borderless, and formless payment and trading experiences for both institutional and retail users across Asia. Today’s announcement demonstrates our commitment to bringing Velo users access to the highest-quality institutional assets in the world.”
Securitize co-founder and President Jamie Finn added “This is a great example of a firm leveraging open web3 standards to deliver a product to their market”
About Velo Labs
Velo Labs is a global pioneer in Web3-based financial solutions, offering a cutting-edge liquidity and settlement network for secure, efficient value transfers. Backed by the Stellar Network and CP Group, our reach has expanded beyond Southeast Asia and the Pacific, now serving partners worldwide. We connect and complement the gap between traditional banking infrastructure and Web3, leading the way in blockchain mass adoption. Our extensive
Web3-based payment network, along with Lightnet, our licensed settlement partner, position us as a global heavyweight. Velo Labs offers a diverse range of Web3-based products, notably Orbit, tailored for individuals, merchants, corporations, and enterprises worldwide—dedicated to empowering global financial connectivity and expanding accessibility globally. Follow us for more info: Twitter / Telegram
About Securitize
Securitize, the leader in tokenizing real-world assets, is driving the compliant digitization of financial assets through next-generation blockchain technology. Securitize, or through its subsidiaries, is a registered broker-dealer (member Finra/ SIPC) and operates a primary marketplace, an alternative trading system, as well as a top 10 transfer agent and has an exempt reporting adviser. Learn more at http://www.securitize.io
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View original content:https://www.prnewswire.co.uk/news-releases/velo-labs-brings-blackrocks-tokenized-short-term-treasury-fund-to-southeast-asia-302244079.html
Blockchain Press Releases
HTX Ventures invest in BSX, Building DeFi Infrastructure on Base
SINGAPORE, Sept. 11, 2024 /PRNewswire/ — HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in BSX Exchange, a decentralized, non-custodial central limit order book (CLOB) perpetual decentralized exchange built on Base.
Since its launch in April, BSX has facilitated over $4.5 billion in trading volume and recently surpassed $1.3 million in revenue. Its current offerings include both spot and derivative trading. With the recent $4 million seed-round funding, BSX plans to expand its product line further. The platform boasts a highly performant trading engine with 10ms latency and 1000x leverage.
In the coming months, BSX aims to launch several new projects, including a spot aggregator, earning products, and staking products. Additionally, the company plans to introduce a Layer 3 network on Base to optimize the on-chain BSX order book. Looking ahead, BSX also intends to release its own trading game on Telegram and an exclusive NFT collection to attract new users to both Base and BSX.
“BSX operates on top of the Base ecosystem, leveraging its 110 million globally verified users. By providing a strong liquidity foundation for this ecosystem, BSX is poised for significant success,” commented Edward, Managing Partner at HTX Ventures. “BSX serves a large traditional finance customer base, and at HTX Ventures, we are excited to support this Web3 onboarding journey.”
“We’re focused on building a key lego block in the DeFi ecosystem. By launching on Coinbase’s Base L2 we are a key beneficiary of Coinbase’s massive user base moving on-chain to Base and then to DeFi applications. Our vision is to build a consolidated platform including BSX Trade, BSX Earn, and BSX 1000.” Said BSX Team.
About BSX
BSX is a decentralized derivatives trading platform built on Base. BSX offers perpetuals trading at 1000x leverage and also a spot market. The firm is backed by Blockchain Capital and the Base Ecosystem Fund and is advised by Athur Hayes.
About HTX Ventures
HTX Ventures, the global investment division of HTX, integrates investment, incubation, and research to identify the best and brightest teams worldwide. With more than decade-long history as an industry pioneer, HTX Ventures excels at identifying cutting-edge technologies and emerging business models within the sector. To foster growth within the blockchain ecosystem, we provide comprehensive support to projects, including financing, resources, and strategic advice.
HTX Ventures currently backs over 300 projects spanning multiple blockchain sectors, with select high-quality initiatives already trading on the HTX exchange. Furthermore, as one of the most active FOF (Fund of Funds) funds, HTX Ventures invests in 30 top global funds and collaborates with leading blockchain funds such as Polychain, Dragonfly, Bankless, Gitcoin, Figment, Nomad, Animoca, and Hack VC to jointly build a blockchain ecosystem. Visit us here.
Feel free to contact us for investment and collaboration at [email protected]
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View original content:https://www.prnewswire.co.uk/news-releases/htx-ventures-invest-in-bsx-building-defi-infrastructure-on-base-302244795.html
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