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Blockchain

EOS Launches Ethereum Virtual Machine for Solidity Developers

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EOS Network aims to accelerate its growth by taking advantage of the massive number of open source code libraries and tools already available in the Ethereum ecosystem.

Calgary, Alberta–(Newsfile Corp. – April 14, 2023) – The EOS Network Foundation (ENF), stewards and lead developers of the EOS Network, has announced the beta launch of the EOS EVM Mainnet, enabling interoperability between two of the world’s most prominent blockchain ecosystems.

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The EOS EVM is an emulation of the Ethereum Virtual Machine, deployed as a smart contract on the EOS blockchain. The EOS EVM runs decentralized applications written in Solidity, the native programming language of Ethereum. Solidity is used by the vast majority of web3 developers, and is supported by an extensive number of open-source code libraries, tools, resources, and tutorials. 

With the launch of EOS EVM, it bridges the best of both worlds, combining the accessible resources of the Ethereum community with the powerful performance of the EOS Network. In this way, EOS EVM is designed to complement Ethereum and aims to accelerate mass adoption of the EOS Network.

The EOS EVM is a major accomplishment, with its development spanning more than 12 months and contributions from across the EOS ecosystem. A new generation of web3 innovation will form as Solidity developers can now take advantage of EOS’s scalable network infrastructure and generous developer funding programs.

“Our goal is to create an interoperable future where the gaps between blockchains, developers and end users are bridged. EOS EVM does just that,” said Yves La Rose, Founder and CEO of the EOS Network Foundation. “EOS EVM is a significant milestone and represents our commitment to a multi-chain future.”

The launch of the EOS EVM mainnet beta coincides with a recent announcement of the EOS Network Ventures’ public commitment to invest $20 million in GameFi and EOS EVM projects to further the growth and adoption of EOS. These investments will add significant resources to the ecosystem’s already well funded grant programs.

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About EOS Network Foundation

The EOS Network Foundation (ENF) is a not-for-profit organization that coordinates financial and non-financial support to encourage the growth and development of the EOS Network. EOS is the native token of the EOS Network, which launched in 2018. The EOS Network provides a world-class, robust, smart contract functionality that enables developers to build the best-in-class decentralized applications (dApps) easily, facilitating the open web of the future and, in so doing, powering the Web3 economy. The ENF is the hub of the EOS Network, uniquely suited for NFT, GameFi, DeFi, and enterprise applications. The organization is committed to unlocking the full potential of the EOS blockchain to drive innovation, create new possibilities, and empower individuals and communities.

Media Contact:
Zack Gall, EOS Network Foundation
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162389

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Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

Anjuna Fuels Secure AI Innovation in the Digital Payments Industry

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Asset Token Ventures Launches MBSTokenTM Funds to Unlock Mortgage-Backed Securities on the Blockchain

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Asset Token Ventures (ATV), a leader in bridging real-world assets with blockchain, has launched MBSTokenTM, a groundbreaking solution that brings liquidity, transparency, and efficiency to the $11 trillion mortgage-backed securities (MBS) market. Designed for institutional accredited investors and qualified purchasers, MBSTokenTM offers onchain exposure to high-quality MBS assets, traditionally restricted to major financial institutions.

At the core of this initiative are two parallel funds: MBSToken ITM (for non-U.S. investors) and MBSToken IITM (for U.S. investors). By leveraging blockchain technology, ATV aims to democratize access to institutional-grade MBS-backed assets and modernize the fixed-income investment landscape.

“The fixed-income market, particularly MBS, is ripe for innovation,” said David Robnett, Co-Founder and Managing Director of ATV. “We are bringing institutional-grade MBS investments onchain, unlocking liquidity, improving transparency, and offering investors a seamless way to gain exposure to one of the most important financial markets.”

MBSTokenTM: A New Era for Fixed-Income Investment

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MBSTokenTM is designed to deliver key advantages that address long-standing inefficiencies in the mortgage-backed securities market:

  • High-Quality Backing: MBSTokens are collateralized by pools of mortgage-backed securities, many of which are guaranteed by U.S. government-sponsored entities such as Fannie Mae, Freddie Mac, and Ginnie Mae.

  • Tax Efficiency: ATV’s USVI-based funds qualify for a 90% income tax exemption that provides a higher overall yield and may allow investors to defer taxable appreciation until token redemption.

  • Blockchain Transparency: Transactions are recorded on an immutable ledger, providing real-time insight into asset performance and portfolio composition.

  • Enhanced Security: MBS holdings are structured into bankruptcy remote, stand-alone funds, providing an added layer of investor protection.

  • Global Access and Liquidity: MBSTokenTM allows institutional accredited investors and qualified purchasers worldwide to participate in the U.S. mortgage-backed securities market with seamless 24/7 access and liquidity.

Institutional and Investor Participation

MBSToken’s launch underscores growing institutional interest in tokenized real-world assets. ATV has already attracted significant attention from family offices, sovereign wealth funds, and institutional investors looking to diversify their portfolios with secure, yield-generating assets.

“Fixed-income markets are undergoing a digital transformation,” commented John Matheson, Co-Founder and Managing Director of ATV. “By leveraging blockchain technology, we are making MBS investments more accessible, more efficient, and ultimately more valuable for global investors.”

Investors interested in participating can submit their applications and complete KYC/AML verification at atvfund.io.

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The Broader Impact of Tokenization in Fixed-Income Markets

The $11 trillion U.S. mortgage-backed securities market plays a critical role in global finance, but historically, its complexity and inaccessibility have limited participation. MBSTokenTM marks a significant step toward digitizing fixed-income markets, offering a bridge between traditional financial structures and the efficiencies of blockchain technology.

The launch of MBSTokenTM aligns with a broader industry trend as major financial institutions increasingly explore tokenization as a means to unlock liquidity, reduce costs, and improve market efficiency. ATV’s innovative approach positions MBSTokenTM as a leader in the evolution of blockchain-powered fixed-income investments.

Paul Talbert, Co-Founder and Managing Director of ATV, said, “We believe tokenization will redefine how capital is deployed in traditional markets. MBSTokenTM is the first step toward a more inclusive and efficient financial ecosystem, one that integrates the best of institutional finance with blockchain’s transformative potential.”

The post Asset Token Ventures Launches MBSTokenTM Funds to Unlock Mortgage-Backed Securities on the Blockchain appeared first on News, Events, Advertising Options.

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DBS Group Digital Transformation Strategy Analysis Report 2025: Technology Initiatives, Accelerators, Incubators, and Programs

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