Blockchain Press Releases
Notabene Raises $14.5M in Series B Funding Led by DRW VC to Drive the Future of Stablecoins and Payments
The rapid adoption of Notabene’s crypto payment authorization network, which has seen transaction volumes surge 10X in the past year, reflects the growing demand for compliant crypto payment solutions. This Series B round will help Notabene bring secure, transparent, and compliant crypto payments to more financial institutions, paving the way for stablecoins to revolutionize global finance.
NEW YORK, Nov. 12, 2024 /PRNewswire/ — Notabene, a leading provider of cryptocurrency compliance solutions, today announced it has raised $14.5 million in a Series B funding round led by DRW VC, with participation from funds managed by Apollo, NextBlock, ParaFi Capital, and Wintermute, along with existing investors CMT Digital, F-Prime, Green Visor Capital, Illuminate Financial, Jump Capital, Signature Ventures, and Y Combinator. The funding will accelerate Notabene’s mission to make crypto payments a part of the everyday global economy by fostering open, secure, and compliant transactions.
Regulators now require crypto companies such as exchanges, wallet providers, and payment processors to securely exchange information about sender and receiver, just like they already do in traditional payments. This so-called Travel Rule is now a requirement in most global financial centers.
Having already helped process half a trillion dollars worth of transactions, Notabene is the leading global platform and network for compliant crypto payments. By automating the secure transfer of sensitive data between institutions, Notabene simplifies this complex process that is virtually impossible for companies to implement independently.
Kimberly Trautmann, Partner and Head of DRW VC, the round’s lead investor, emphasized the significance of Notabene’s work in this emerging financial ecosystem:
“Notabene offers a comprehensive and efficient way to track and disclose who an asset is being sent to, which is critical for those who facilitate the exchange, transfer, safekeeping, and administration of virtual assets (Virtual Asset Service Partners or VASPs) and need to be compliant with the Travel Rule. We believe Notabene is positioned to be the provider-of-choice, as it allows users to achieve real-time compliance, is protocol agnostic and does not require exposing sensitive information to other market participants.”
Notabene is expanding its focus to support the growing number of traditional financial institutions moving into digital payments. With over $20T in stablecoin transactions processed last year, global adoption is on the rise and poised to be crypto’s long-awaited killer use case. The key to unlocking stablecoins’ potential as fast, low-cost, borderless payments is a secure and transparent system – one that’s open and not controlled by any single entity. Notabene offers the essential infrastructure for compliance, reconciliation, and safety, enabling open, interoperable payment networks that will drive the next wave of adoption.
Notabene’s CEO, Pelle Brændgaard, underscores the company’s vision for the future of payments:
“We’ve already established ourselves as a pioneer in Travel Rule compliance, and now, as regulatory clarity grows and adoption scales, we are positioned to do the same for payments. By enabling secure, compliant, and open digital asset transactions, we’re helping shape the next generation of global financial infrastructure. Our philosophy of building open networks to maximize reachability between transacting counterparties will be a key driver of adoption with both crypto-native organizations, as well as incumbent players in traditional finance that are showing an increased interest in digital assets and blockchain payment solutions.”
Notabene’s platform has seen a rapid 10x increase in transaction volumes over the past year, totaling nearly $500 billion in transaction volume—solidifying the company’s role as a trusted provider in the compliance space. With over 165 companies using the platform, including some of the largest virtual asset service providers (VASPs) globally such as Copper, Crypto.com, OKX, and Ramp, as well as working relationships with regulatory bodies across hundreds of global jurisdictions, Notabene has built the largest network of transacting counterparties in the market today.
Alexander Ross, General Partner, Head of NYC for investor Illuminate Financial, added:
“As the existing market leader for Travel Rule compliance, we believe Notabene has the potential to become the “SWIFT network for blockchain transactions.” There is a desperate need for a secure network to share all transaction metadata. This will enable compliance with global regulations and is a key pillar to unlocking mass adoption of stablecoins for payments. We have been working with the founders since 2021 and believe they are the best positioned to execute this vision.”
With this raise, Notabene is set to continue its mission to bring crypto and stablecoins into everyday global payments. It will help grow the industry’s only open compliant payments network to support more use cases and new market entrants.
“With $20 trillion in stablecoin transactions processed last year, stablecoins are emerging as the preferred method for fast, low-cost global payments,” said Pelle Brændgaard, Notabene CEO. “As regulatory clarity expands, traditional financial institutions are beginning to recognize stablecoins’ potential. Notabene’s role as a trusted compliance provider is critical to unlocking this potential and establishing stablecoins as a legitimate payment medium worldwide.”
About Notabene
Notabene is the leading crypto payment authorization network, enabling secure, transparent, and compliant transactions for financial institutions around the world. With a platform that facilitates transactions in over 80 jurisdictions, supports over 165 companies, and has processed half a trillion dollars in transaction volume, Notabene is setting the standard for compliant transactions in the digital asset space.
For more information, please visit Notabene.id.
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Blockchain
Blocks & Headlines: Today in Blockchain – May 27, 2025 Featuring Blockchain.com, Bilal Bin Saqib, XRP Ledger, Unstoppable Domains, ReNEW, MEXC Ventures
Welcome to Blocks & Headlines, your op-ed–style daily briefing on the blockchain and cryptocurrency space. Today we cover:
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Blockchain.com’s African push – expansion into Nigeria and Ghana
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Pakistan’s new blockchain czar – Bilal Bin Saqib appointed to steer crypto policy
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XRP Ledger powers Dubai real-estate tokenization – fractional ownership goes live
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Unstoppable Domains’ patent filing – bridging Web2 DNS and blockchain assets
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ReNEW project – digital twins and blockchain safeguard Europe’s rivers
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MEXC Ventures – sponsoring Korea University’s Blockchain-AI Ideathon
Below, we unpack each story, analyze its significance, and offer insights on the broader blockchain ecosystem.
1. Blockchain.com Seeks Footprint in Nigeria & Ghana
What happened: UK-based crypto exchange Blockchain.com is opening an office in Nigeria—its fastest-growing West African market—and targeting expansion into Ghana, Kenya, and South Africa.
Why it matters: Africa’s crypto adoption continues to outpace global averages, driven by remittances, inflation hedging, and youth entrepreneurship. By establishing a physical presence, Blockchain.com gains regulatory clarity and local partnerships essential for on-the-ground support and compliance.
Opinion & implications:
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Localized strategy wins: Purely digital exchanges risk friction with regulators and limited brand trust. A local office signals commitment and builds goodwill.
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Regulatory trailblazing: As African nations craft crypto frameworks, Blockchain.com can help shape favorable rules through dialogue with policymakers.
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Competitive edge: Early movers that navigate KYC/AML hurdles and deliver localized offerings (e.g., naira- or cedi-denominated trading pairs) will dominate these fast-growing markets.
Source: Bloomberg
2. Pakistan Appoints Bilal Bin Saqib as Crypto Advisor
What happened: Prime Minister Shehbaz Sharif named 29-year-old Bilal Bin Saqib—CEO of the Pakistan Crypto Council—as his Special Assistant on Blockchain & Crypto, with minister-of-state status.
Why it matters: This high-profile appointment demonstrates Pakistan’s ambition to develop a FATF-compliant digital-asset framework, launch Bitcoin-mining initiatives, and integrate blockchain into governance, land records, and finance.
Opinion & implications:
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Regulatory momentum: Pakistan’s top-down approach contrasts with countries that ban or ignore crypto. A dedicated ministerial role accelerates policymaking and VASP licensing.
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Ecosystem growth: With 40 million crypto users and $300 billion in annual trading volume, Pakistan offers scale. Clear rules could attract institutional and retail VASPs alike.
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Global posture: By aligning with international standards, Pakistan signals to global investors that it’s open for blockchain business.
Source: Dawn.com
3. XRP Ledger Powers Dubai’s Real-Estate Tokenization
What happened: The Dubai Land Department launched “Prypco Mint,” a government-backed platform for fractional real-estate ownership on the XRP Ledger. Investments start at AED 2,000 (~$545), exclusively for UAE ID holders initially.
Why it matters: Tokenization of real-world assets (RWA) is rapidly gaining traction. Using XRPL’s high throughput and low fees, Dubai cements its status as a global crypto hub and innovator in DeFi infrastructure.
Opinion & implications:
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RWA narrative: As institutional investors seek regulated exposure to illiquid assets, real-estate tokenization on public blockchains offers transparency, tradability, and compliance.
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Platform scalability: If XRPL proves resilient under real-estate workloads, other jurisdictions may follow suit, driving demand for XRP and associated on-chain services.
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Economic inclusion: Lower-entry points democratize property investment, but secondary markets and custody solutions must mature to ensure liquidity.
Source: Benzinga
4. Unstoppable Domains Files Patent for Blockchain-DNS Integration
What happened: Unstoppable Domains filed a patent application (submitted November 2023, published May 2025) outlining methods to tie Web2 DNS records to blockchain assets—such as NFTs or wallet addresses—and authorize DNS changes via on-chain signatures.
Why it matters: This innovation bridges legacy Internet infrastructure and Web3 identity, offering a unified control plane for domain management that’s tamper-proof and cryptographically secure.
Opinion & implications:
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DNS security reimagined: Traditional DNS is vulnerable to hijacking. Blockchain-based record resolution could harden the domain ecosystem against centralized attacks.
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ICANN synergy: As an ICANN-accredited registrar, Unstoppable Domains may pilot hybrid services that complement DNSSEC and emerging Internet standards.
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Business models: Monetizing blockchain-DNS services through premium domain auctions or DNS-as-a-service could unlock new revenue streams.
Source: Neuron Expert
5. ReNEW: Digital Twins & Blockchain Protect Europe’s Waterways
What happened: The EU-funded ReNEW project deploys digital twins, real-time sensors on tourist vessels, and a blockchain ledger to monitor and enforce wastewater discharge rules on the Douro River—and across living labs in Belgium, France, Germany, and the Netherlands.
Why it matters: Environmental compliance platforms often struggle with data integrity. Blockchain’s immutability ensures that pollution records are permanent and tamper-proof, automating fines for illegal discharges.
Opinion & implications:
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Green Web3: This use case exemplifies “blockchain for good,” where transparency incentivizes sustainable practices in logistics and tourism.
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Digital twins synergy: Coupling predictive river-system models with on-chain enforcement creates a robust decision-support tool for regulators and operators alike.
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Scalable blueprint: Other critical-infrastructure sectors—energy grids, air quality, waste management—can adopt similar hybrid architectures.
Source: Smart Water Magazine
6. MEXC Ventures at Korea University’s Blockchain-AI Ideathon
What happened: On May 16, MEXC Ventures co-hosted the 2025 Korea University Blockchain Startup Ideathon—part of the National Center of Excellence in SW AI Startup program—with 27 blockchain teams, 36 AI teams, and 208 total participants. MEXC sponsored the blockchain track alongside KISA, LG CNS, and Tether, and awarded the “MEXC Ventures Award” to team AlchemyLab.
Why it matters: Academic hackathons are incubators for early-stage blockchain innovation, fostering talent pipelines and new use-cases. Corporate sponsorships validate these events and accelerate academia-industry collaboration.
Opinion & implications:
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Talent cultivation: With global shortages of blockchain engineers, ideathons provide hands-on training and recruitment opportunities.
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Innovation hotspots: South Korea’s strong R&D environment and high university participation rates make it a strategic node for Web3 breakthroughs.
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Ecosystem growth: MEXC’s involvement signals that exchanges and VCs view academic partnerships as vital for sustainable ecosystem development.
Source: MEXC Blog
Conclusion
Today’s highlights—from Blockchain.com’s African push to Unstoppable Domains’ DNS patent—showcase an industry maturing across regulation, real-world asset tokenization, environmental use-cases, and talent development. Key trends to watch:
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Localized expansion as exchanges tailor services to regional markets.
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Government appointments signaling blockchain’s policy importance.
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RWA tokenization driving DeFi into mainstream finance.
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Hybrid Web2–Web3 solutions hardening Internet infrastructure.
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Sustainability platforms leveraging blockchain for public-good.
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Academic partnerships fueling the next generation of innovators.
Stay tuned for tomorrow’s deep dive into the stories shaping blockchain’s evolution.
The post Blocks & Headlines: Today in Blockchain – May 27, 2025 Featuring Blockchain.com, Bilal Bin Saqib, XRP Ledger, Unstoppable Domains, ReNEW, MEXC Ventures appeared first on News, Events, Advertising Options.
PANAMA CITY, May 27, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, proudly announced the launch of BingAI, an AI-powered crypto trading assistant. BingAI is designed to empower crypto traders of all levels with real-time market insights, strategic recommendations, and personalized guidance. As the cornerstone of BingX’s newly launched AI Evolution strategy, BingAI represents a major leap toward making AI a trusted and side-by-side companion throughout every user’s trading journey.
BingAI supports users across various sections — from market discovery to trade execution. Leveraging big data models trained on BingX’s internal data and a wide financial knowledge base, BingAI helps users stay ahead of the market and make more confident decisions. Whether you are analyzing coin trends, diagnosing portfolio, understanding top traders’ strategies, or navigating volatile market news, BingAI offers instant and intelligent insights to guide your next move.
What to Expect in BingAI:
- BingAI Chat: Engage in conversations, offering real-time strategy guidance and context-driven advice to help traders make informed decisions.
- AI News Briefing: Stay ahead with trending news, market shifts, and community sentiment, and give quick insights into the latest developments.
- Trend Forecasting: Combine technical indicators and sentiment analysis, and predict market movements, helping traders act ahead of trends.
- Smart Position Analysis: Evaluate open positions, and give personalized recommendations on risk management and trade adjustments.
- Pro Trader Recommender: Find top traders to follow with its analysis, ensuring traders’ strategies align with the goals.
- AI Trade Review: Analyze past trades, reveal patterns, and provide insights to help improve future decisions.
Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the launch: “BingAI is a natural extension of BingX’s user-first vision. Every decision we make revolves around addressing our users’ needs, and AI is now a critical tool to help them navigate market uncertainties and make more informed decisions. As part of our AI Evolution strategy, BingAI marks the beginning of an era where AI supports traders in real time. This is just the start — our ongoing commitment to AI will continuously evolve to empower users, shape the future of crypto trading, and set new standards for innovation.”
With the launch of BingAI, BingX takes a concrete step in bringing its AI Evolution strategy to reality, turning vision into action. This breakthrough aligns with BingX’s ongoing commitment to put user experience at the heart of its innovation, leveraging AI to create more intuitive and intelligent trading solutions. Looking ahead, BingX plans to expand capabilities of BingAI, continuously integrating cutting-edge AI technologies into every aspect of the platform. BingX’s AI journey has only just begun, and it is set to lead a way in reshaping the future of crypto trading and Web3 industry.
About BingX
Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.
For more information please visit: https://bingx.com/
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Blockchain Press Releases
MEXC Announces the Listing of Sophon (SOPH) with $40,000 in SOPH and 50,000 USDT Prize Pool
VICTORIA, Seychelles, May 27, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, will list Sophon (SOPH) on May 28, 2025 (UTC).To celebrate the listing, MEXC is launching a special event for new and existing users, featuring a total prize pool of $40,000 in SOPH and 50,000 USDT.
Sophon Network (SOPH) bridges the gap in blockchain mainstream adoption by delivering user-friendly blockchain applications that seamlessly integrate into everyday digital life. As the ecosystem matures, the project leverages Validium technology within the ZKsync Elastic Chain to offer high performance and a smooth user experience, two essentials for widespread adoption.
SOPH is the native utility token of the Sophon Network ecosystem, used for gas fee payments and rewarding node operators. With a fixed total supply of 10 billion tokens, SOPH forms the core economic model of the platform, enabling users to engage with a variety of consumer-focused blockchain applications.
The Sophon (SOPH) Airdrop+ event runs from May 27, 2025, 11:00 (UTC) to June 6, 2025, 11:00 (UTC) and includes the following benefits:
- Benefit 1: New users who deposit SOPH will share $30,000 in SOPH.
- Benefit 2: All users can participate in the Futures Challenge to share 50,000 USDT in Futures bonuses.
- Benefit 3: All users can invite new users to share $10,000 in SOPH.
MEXC has established itself as an industry leader by consistently providing users with early access to promising crypto projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, MEXC has listed more than 3,000 digital assets. MEXC will maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users can access the best opportunities in the ever-evolving crypto landscape.
For full event details and participation rules, please visit here.
About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC
Risk Disclaimer:
The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
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