Lace Users Will be Able Store, Manage, and Interact with Bitcoin Directly from Their Wallet

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

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

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

When Bitcoin support goes live, Lace users will be able to:

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

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

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

Media Contact

Georgia Hanias
Input | Output
[email protected]

About Lace

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

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For more information, visit: lace.io

About Input | Output (IO)

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

For more information, visit: iohk.io

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VICTORIA, Seychelles, March 21, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has announced a strategic partnership with pump.fun, the world’s leading crypto token launchpad where anyone can create their own token for free. This collaboration aims to enhance the trading experience on MEXC’s DEX+ platform and explore further synergies between centralized finance (CeFi) and decentralized finance (DeFi). The first step in this partnership will be the integration with pump.fun’s new DEX, PumpSwap.

MEXC has recently launched its innovative hybrid product, DEX+, offering a seamless, one-stop solution for both on-chain and off-chain trading. This unique platform enables users to trade directly on decentralized exchanges (DEXs) through the MEXC App and website, providing access to a diverse array of on-chain assets. The initial version of DEX+ will support the Solana ecosystem, giving users the ability to trade over 10,000 tokens available on Raydium and pump.fun. Future updates will expand to include additional DEXs and blockchain networks, broadening the platform’s reach and liquidity.

MEXC DEX+ simplifies the complexities of DEX by enabling users to trade various on-chain assets within the Solana ecosystem directly through a familiar CEX interface. This eliminates the need to manually hurdle through multi-step interactions, such as switching wallets or cross-chain transactions.

Through this strategic partnership with pump.fun, MEXC aims to provide a streamlined, accessible experience for the potential onchain assets, further solidifying its commitment to innovative solutions within the crypto space. MEXC DEX+ users gain unique access to trade newly launched tokens on pump.fun at an early stage. DEX+ allows users to participate in trading as soon as a memecoin is issued, even before it is listed on CEX, enabling them to capitalize on market opportunities from the outset. By leveraging pump.fun’s robust capabilities in launching memecoins, this model significantly lowers the entry barrier for users seeking to enter the Web3 trading space.

“MEXC is committed to offering a broad spectrum of accessible assets through our listing strategy while ensuring fast listing speeds and top-tier security for our users. With DEX+, we aim to address key challenges by providing a familiar, CEX-like trading experience while retaining the benefits of accessing on-chain assets. We are thrilled to partner with pump.fun to empower users to discover and support memecoins in this rapidly evolving investment space. This collaboration underscores our dedication to fostering innovation and providing new opportunities for our users in the ever-evolving crypto landscape,” said Tracy Jin, COO of MEXC.

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“pump.fun democratized token creation, standardized token contracts, and brought crypto to the people. pump.fun’s partnership with MEXC will give DEX+ users a powerful tool to access the coins they want to trade — long before they’re available on a centralized exchange. pump.fun is building crypto’s largest social network, and bridging communities across crypto through partnerships like this with MEXC is how that foundation is built,” said Alon Cohen, Co-Founder pump.fun.

Looking ahead, MEXC’s DEX+ is positioned to be a transformative force in the evolution and mass adoption of DeFi and DEX ecosystems, with its strategic partnership with pump.fun marking a crucial first step in this journey. As user adoption of decentralized trading accelerates, the seamless integration of centralized and decentralized exchange models becomes essential, and MEXC stands at the forefront of this convergence, systematically expanding our ecosystem partnerships to deliver increasingly sophisticated, secure, and user-centric trading experiences that will define the next generation of crypto trading.

To celebrate the successful launch of DEX+ and its strategic partnership with pump.fun, MEXC is pleased to announce its incentive program: new users completing trades of 100 USDT or more on the DEX+ platform will be eligible to receive a 20 USDT reward. For more details, please visit: https://www.mexc.com/dex-rewards.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto”. Serving over 34 million users across 170+ countries and regions, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

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For more information, visit: MEXC Website｜X｜Telegram｜How to Sign Up on MEXC

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View original content:https://www.prnewswire.co.uk/news-releases/mexc-dex-forms-strategic-partnership-with-pumpfun-for-next-evolution-of-defi-and-cefi-integration-302407741.html

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

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

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

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

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

About IDA Finance Hong Kong Limited (IDA)

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

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

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

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

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About Progmat Inc. (Progmat)

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

About Datachain, Inc. (Datachain)

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

About TOKI FZCO (TOKI)

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

Media Contact

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

Datachain – [email protected] 

TOKI – [email protected] 

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View original content:https://www.prnewswire.co.uk/news-releases/ida-progmat-datachain-and-toki-join-forces-to-explore-stablecoin-based-remittances-for-hong-kong—japan-trade-efficiency-302407633.html