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DeFinity Markets partners with digital asset cold storage provider Custodiex and infrastructure provider Crculus to create an expansive institutional digital asset execution ecosystem.

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DeFinity Markets (powered by DMALINK), the institutional digital asset ECN has taken the first step towards creating the most expansive custody agnostic institutional digital asset ecosystem by integrating Custodiex into its tech stack.

Kam Patel, interim CEO and COO at Custodiex, says: “Custodiex is one of the most technologically advanced cold storage digital asset vault solutions in the world and we are delighted to be working with the DeFinity team who have been pushing the envelope of radical innovation within the digital asset sector for several years.”

Custodiex provides high security cold storage, with unlimited scalability, and support real-time digital asset management technologies for Financial Institutions. With hardware housed in multiple bunkers at undisclosed locations and with key ceremonies and processes designed to guard against even the most aggressive physical and cyber-attacks.

Manu Choudhary, co-founder of DeFinity, added: “Our ambition has always been to work collaboratively with innovative technology companies to expedite the evolution of the broader market and this partnership with Custodiex and Crculus certainly helps to achieve that. I have always been a huge fan performance enhancing technology and we believe that collectively we will be setting new standards within electronic trading for digital assets.”

Crculus was created to address the structural imperfections of the institutional digital asset custody market and uses cutting edge technology to create accessible, scalable and harmonious digital asset ecosystems. The Crculus Tech Stack sits in between the application and operating layer and is a key piece of middleware infrastructure to enable interoperability between multiple custodians.

Thomas Soede co-founder of Crculus, added: “One of the greatest issues with the Digital Asset market today, is that whilst transactions are executed and cleared in minutes the lack of Institutional infrastructure and interoperability prohibit full Financial Institution adoption. We believe our enterprise grade solution fulfils financial, regulatory, and operational requirements for institutions looking to enter the market.”

Michael Siwek, DeFinity co-founder, added: “Custodiex provide the distribution capabilities and durability of the cloud, combined with cold storage within physical bunkers, which we believe will add a phenomenal edge to our execution venue participants from a security and accessibility perspective.”

Blockchain

Revolutionizing Fintech: 6G Digital & Rune Nilsson’s FlexM Global in a Bold $12.5M Deal Shaking the Banking Industry

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Blockchain

Teletubbies Digital Companions to Launch on the Tezos Blockchain

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MetaPals, an AI digital companion platform, is partnering with WildBrain’s beloved Teletubbies to bring together cherished childhood memories and the innovative digital era with the launch of the Teletubbies AI digital companions on 20 April, 2024.
As Teletubbies commemorates its 27th anniversary on 31 March, the collaboration marks the beginning of an exciting array of renowned IPs joining the ‘MetaPals Multiverse’ in 2024. Through the use of AI and blockchain technology powered by Tezos, much loved Tinky Winky, Dipsy, Laa-Laa, Po, and even Noo-Noo have become personalized, evolving digital companions within the MetaPals browser extension game engine.

The Teletubbies characters integrate with users’ daily browsing experience that accompanies users across the web, offering both playful interactions and practical assistance. This technology not only brings these fun characters to life in new, interactive ways, but also helps to enhance the mental well-being of users by fostering a sense of companionship.

Each Teletubbies companion within the MetaPals Multiverse will exhibit unique personality traits, offering users a diverse and dynamic experience. With personalities distributed across 5000+ Teletubby companions along a spectrum, users are guaranteed a one-of-a-kind experience, ensuring enjoyment for all and opportunities to foster new connections with this nostalgic brand.

Max Giammario, CEO of MetaPals, said: “Through this collaboration we’re not just revisiting Teletubbyland, we’re reinventing it for the digital age. By weaving in AI and blockchain, we enable the Teletubbies characters to evolve, interact, and form unique bonds with users, embodying our vision of dynamic digital companionship. With a bit of ‘MetaPals magic’, the Teletubbies are exploring beyond the hills and far away, ready to play, in ways we’ve never imagined.”

Melissa Goodrich, Director, Franchise Strategy at WildBrain, said: “We’re excited to see our colorful quartet come to life in new ways through this unique digital experience for fans. As we celebrate 27 years of the perennially popular Teletubbies franchise, this latest collaboration encapsulates the essence of childhood nostalgia while embracing the limitless possibilities of the digital age.”
Jason Lim, TZ Apac Games Adoption Team for the Tezos Ecosystem, said: “MetaPals will be pioneering the convergence of iconic IPs such as Teletubbies with the limitless possibilities of the Tezos blockchain. I can’t wait to see the magic they are brewing up next.”

The post Teletubbies Digital Companions to Launch on the Tezos Blockchain appeared first on HIPTHER Alerts.

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Alarum Announces Exciting Events Lineup and Welcomes Esteemed Advisor to NetNut’s Advisory Board

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