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Interstellar and Velo Labs Join Forces

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Today, Velo Labs and Interstellar announced that the Interstellar team, based in San Francisco, CA, is integrating with Southeast Asia-based Velo Labs, under the leadership of Mike Kennedy and with the ongoing support of its partner organizations, Stellar Development Foundation and Lightnet Group.

The strategic partnership between Interstellar and Velo Labs, which began in January 2020, set out to revolutionize international payments. This latest move pushes the relationship closer, bringing the combined strengths and ecosystems of the two organizations — Interstellar team’s knowledge and expertise of the Stellar blockchain and Velo’s established partnerships across the Southeast Asia region — to help build a global settlement network that enables faster, cheaper and more transparent cross-border payments.

Over the course of the last year, with the support of the Interstellar team, Velo has accomplished significant milestones, including the issuance of Velo Tokens on the Stellar network, the listing of Velo Tokens on major exchanges (KuCoin, VCC, OKEx, MXC), the development of the Velo Protocol with core functions (Digital Credit Issuance System, the Digital Reserve System, and the Hermes Warp Protocol), and the completion of its first live transactions using its Federated Credit Exchange network in December 2020. Together in the year ahead as a unified organization, they’ve set out a roadmap to build market-leading solutions for individuals, businesses, financial institutions, and their customers. The company also aims to drive greater adoption of the Velo protocol and increase the number of transactions over the Stellar DEX and Velo FCX.

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Mike Kennedy, the current CEO of Interstellar, will take the helm as CEO of Velo Labs. Kennedy was the former CEO and Founder of Zelle.

Mike Kennedy, CEO of Velo Labs, said: “Interstellar has been focused on revolutionizing international payments with the Stellar blockchain technology, specifically in Southeast Asia. Velo and Interstellar joining teams is a natural progression of that work and will accelerate our shared vision to drive implementation and adoption throughout the region. We’ve already accomplished so much together and I am proud to lead this team through the next phase of our growth.”

Chatchaval Jiaravanon, Chairman of Velo Labs: “This announcement is a pivotal point in our long relationship with Interstellar. It signifies the culmination of our core development phase and the commencement of our growth and evolution phase. Working together as one company will enable us to quickly expand Velo’s ecosystem and continue innovation on the protocol to meet our growing list of partners’ needs.”

Tridbodi “Beam” Arunanondchai, Vice Chairman of Lightnet, said: “As our work has progressed over the last year, the opportunity has become clear — we are in a strategic position to provide unprecedented innovation, especially for cross-border transactions, in Asia. To best tap into that opportunity, it is time to bring our combined strengths under one roof. With Mike’s proven leadership in payments and his team’s technical and strategic blockchain expertise at Velo, we can deliver solutions faster to our growing list of customers and partners.”

Jed McCaleb, Founder of Interstellar and the Stellar network, said: “This is a significant step for the Stellar ecosystem, with potential to drive more anchors to the network, creating new on/off ramps in Asia and business opportunities for both Velo and Stellar communities. It ultimately moves us closer to the future we want to see, where Stellar is connecting global financial infrastructure so that it’s faster, more affordable, and more accessible.”

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Wladimir P. is a Content Editor at European Gaming Media and at PICANTE Media and covers a large variety of industries.

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VanEck Prepares to Launch PurposeBuilt Fund to Invest in Real-World Applications on Avalanche

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Blocks & Headlines: Today in Blockchain – May 20, 2025

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Blockchain innovation continues to accelerate, weaving together emerging technologies, sustainability goals, and new financial models. In today’s Blocks & Headlines briefing—May 20, 2025—we explore five groundbreaking stories: Cerebra Supernova’s AI-blockchain energy convergence, Chainlink/Kinexys/Ondo’s blockchain DVP trial, the launch of Blockchain Cloud Mining’s “Master” digital-gold platform, Sakhila Mirza steering Responsible Gold’s blockchain expansion, and Automobili Estrema’s NFT-powered “Dizzy Viper” art drop. Each development signals how Web3, DeFi, and NFTs are reshaping finance, supply chains, and creative industries. Below, we strip away hyperlinks, offer concise coverage, and provide op-ed insights on the broader implications for blockchain’s next chapter.


1. AI & Blockchain Convergence for Sustainable Energy Systems

Key News: Cerebra Supernova, a French startup, has unveiled a pilot platform that combines AI-driven grid optimization with a blockchain-enabled energy-credit marketplace. By using reinforcement-learning algorithms to forecast renewable output and smart contracts to automate peer-to-peer energy trades, the system aims to reduce curtailment and incentivize prosumers.

Details:

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  • Reinforcement Learning Grid Management: AI agents predict wind and solar generation with 98% accuracy, dynamically adjusting dispatchable assets (batteries, gas turbines) to maintain stability.

  • Energy-Credit Tokens: Green-energy surplus is tokenized as “SolarLoop” ERC-20 tokens, tradable among households, businesses, and utilities with settlement on an Ethereum Layer-2 network.

  • Sustainability Impact: Early trials on Corsican microgrids reported a 12% reduction in fossil-fuel use and a 20% increase in renewable utilization.

Opinion & Implications:

The fusion of AI and blockchain in energy grids marks a pivotal shift toward decentralized, citizen-driven utilities. Traditional power markets struggle with intermittent renewables; embedding autonomy via smart contracts democratizes access and aligns incentives for cleaner output. However, real-world rollouts must address interoperability (across protocols), token volatility, and regulatory clarity on digital asset classification. Cerebra Supernova’s initiative may well set the template for community microgrids worldwide, but scaling will require standardized APIs, robust cybersecurity measures, and policy frameworks to integrate tokenized energy credits into broader carbon-pricing schemes.

Source: SiliconANGLE


2. Chainlink, Kinexys & Ondo Test Blockchain DVP Settlement

Key News: Chainlink Labs, Kinexys, and Ondo Finance have jointly piloted a Distributed Delivery-Versus-Payment (DVP) settlement mechanism on a public blockchain, targeting institutional bond and ETF trades. By leveraging Chainlink’s Cross-Chain Interoperability Protocol (CCIP) and Kinexys’ settlement-oracle mesh, the trial achieved atomic settlements: assets and payments exchanged simultaneously, irrevocably on-chain.

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  • Atomic DVP Workflow: Upon trade execution in an off-chain matching engine, settlement instructions trigger on-chain via CCIP messages; Kinexys oracles confirm balances, and Ondo’s tokenized cash-equivalent stablecoins (nUSD) finalize payment.

  • Performance Metrics: End-to-end latency clocked at 3 seconds per transaction, with sub-$0.50 gas costs due to Rollup-level batching.

  • Risk Reduction: Eliminates counterparty and settlement-fails risk inherent in T+2 markets, enabling real-time finality and freeing collateral faster.

Opinion & Implications:

Bridging traditional capital markets and public blockchains has long been the Holy Grail of institutional DeFi. This DVP pilot demonstrates that rigorous market-standard settlement can coexist with open-ledger transparency and composability. Yet, regulatory acceptance remains the linchpin—securities regulators must endorse on-chain finality as equivalent to legal settlement. Moreover, interoperability across permissioned and permissionless networks will determine whether tokenized securities truly scale. If such trials proliferate, expect incumbent custodians and clearinghouses to partner with decentralized-oracle providers, laying the groundwork for a 24/7 global settlement infrastructure.

Source: The Paypers


3. Blockchain Cloud Mining’s “Master” Digital-Gold Platform Launch

Key News: Blockchain Cloud Mining has released Master, a turnkey cloud-mining and staking portal enabling users to allocate fiat and crypto into diversified mining assets—Bitcoin, Ethereum PoS, and a curated basket of altcoins—via a single, web-based dashboard.

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  • Encrypted Wealth Strategy: Master abstracts miner procurement, hosting, and maintenance; users simply choose “Digital Gold,” “Ethereum Yield,” or “DeFi Basket” plans.

  • Revenue Sharing: Monthly returns distributed as tokenized dividends (DCM-TOKEN), tradable on major DEXs.

  • Security & Compliance: KYC/AML integrated Sign-in, cold-storage custody of mined coins, and quarterly third-party audits published on-chain.

Opinion & Implications:

As retail investors seek passive crypto exposure, cloud-mining platforms promise hands-off rewards but often lack transparency. Blockchain Cloud Mining’s audited model and tokenized dividend structure could elevate trust—but token economics must guard against dilution and rug-pull risks. Moreover, the environmental debate around proof-of-work mining persists; integrating renewable-energy credits or carbon offsets into mining-assets offerings could be a differentiator. As staking yields compress and DeFi bear cycles loom, platforms like Master will need to innovate risk-adjusted return products and perhaps incorporate algorithmic governance to align user incentives.

Source: GlobeNewswire


4. Responsible Gold Taps Sakhila Mirza to Lead Blockchain-Powered Expansion

Key News: Responsible Gold, the tokenized-asset platform enabling fractional, KYC-compliant gold ownership, has appointed fintech executive Sakhila Mirza as Chief Growth Officer. Her mandate: scale the “Trusted Gold” ecosystem and forge partnerships with bullion exchanges, central banks, and luxury-goods providers.

Details:

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  • Trusted Gold Tokens (TGT): ERC-721 tokens representing audited, insured physical gold bars stored in vaults across Switzerland and Singapore.

  • Expansion Strategy: Under Mirza, the platform aims to integrate with central-bank digital currency (CBDC) pilots, enabling gold-backed CBDC overlays. Plans include white-label solutions for jewelry retailers to mint fractional gold tokens at point-of-sale.

  • Governance & Audits: Monthly on-chain proof-of-reserve updates via Merkle-proof contracts; annual audits by Big Four firms.

Opinion & Implications:

Tokenizing real-world assets like gold has been heralded as blockchain’s killer app—but adoption hinges on regulatory trust, custodial transparency, and consumer education. Mirza’s track record in partnerships could bridge the gap between crypto-natives and traditional finance, positioning TGT as a credible store-of-value for both investors and commerce. CBDC integration is particularly visionary: by tethering digital fiat to gold reserves on-chain, central banks could assuage inflation concerns and experiment with programmable money. However, geopolitical tensions around reserve asset denial and cross-border gold transfers may challenge such initiatives—making governance frameworks and legal clarity paramount.

Source: Business Wire


5. Automobili Estrema & Fabian Oberhammer’s “Dizzy Viper” NFT Collaboration

Key News: Italian hypercar maker Automobili Estrema has partnered with digital artist Fabian Oberhammer to launch “Dizzy Viper”, a limited-edition NFT art series minted on the NEAR Protocol, celebrating the brand’s cutting-edge “Fulminea” electric supercar.

Details:

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  • Collector Drops: 333 dynamic NFTs featuring generative-art viper motifs synchronized to real-time telemetry data from a Fulminea test run.

  • Utility Perks: NFT holders receive VIP track day invites, factory tours, and a fractional stake in a bespoke Fulminea prototype.

  • Environmental Offset: Minting energy consumption offset via NEAR’s carbon-neutral consensus and direct funding of reforestation projects in Italy.

Opinion & Implications:

Luxury automotive brands entering the NFT arena exemplify Web3’s fusion with experiential marketing. By linking on-chain art to real-world perks and data streams, Automobili Estrema deepens fan engagement while tapping new revenue from digital collectibles. NEAR’s eco-friendly blockchain underscores the need for sustainability in NFT minting—a growing concern among high-net-worth audiences. The fractional ownership model hints at broader use cases: tokenized access to exclusive assets (cars, yachts, art) could spur secondary markets and novel governance rights. For blockchain enthusiasts, this collaboration showcases how tokenomics and experiential utility can elevate brand loyalty beyond traditional merchandising.

Source: PR Newswire


Conclusion & Key Takeaways

Today’s headlines reflect a blockchain ecosystem maturing across multiple dimensions:

  1. Sustainability & Decentralization: AI-blockchain energy grids and carbon-neutral NFT minting demonstrate a commitment to environmental stewardship.

  2. Institutional Integration: DVP settlement trials and tokenized gold underscore blockchain’s encroachment into capital markets and reserve assets.

  3. Democratized Access: Cloud-mining platforms and fractional gold tokens lower barriers to crypto and real-asset investing, while highlighting the need for transparency.

  4. Experiential Web3: Luxury brands and community microgrids leverage tokenized incentives to forge deeper user connections.

  5. Regulatory & Governance Frontiers: From Massachusetts-style AI commissions to CBDC-gold overlays, legal frameworks will shape the pace and direction of blockchain adoption.

As blockchain transcends niche use cases, cross-sector collaboration and robust governance will determine whether these innovations realize their transformative promise. Today’s stories are more than headlines—they’re signposts pointing to a decentralized, tokenized future where AI, finance, sustainability, and creativity converge on the distributed ledger.

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The post Blocks & Headlines: Today in Blockchain – May 20, 2025 appeared first on News, Events, Advertising Options.

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BloFin CEO Unveils Roadmap for a Future of Global Finance

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