Mitsubishi Corporation plans to use a blockchain-based payment system developed by JPMorgan Chase to move funds across its global operations, signaling continued adoption of blockchain infrastructure within traditional finance. The system is part of JPMorgan’s blockchain network, known as Kinexys, which enables near-instant fund transfers, reduces reliance on traditional banking and operates around the clock, according to a report by Nikkei. JPMorgan is seeking to scale the platform to $10 billion in daily transactions from the current average of $7 billion. Kinexys has processed more than $3 trillion in cumulative…
Tag: Blockchain
Ex-Blackstone duo raise $25M to bring private credit onto blockchain
Two former Blackstone professionals Connor Dougherty and Lily Yarborough have closed a $25 million round to digitize private credit, betting blockchain can unlock faster and more transparent lending. The seed round was led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, and TeraWulf founders, Fortune reported Monday. The company declined to disclose its valuation. Dougherty and Yarborough are building their startup, Valinor, a gateway between traditional finance and crypto. The duo, who began their careers as analysts at banks before joining Blackstone’s private credit arm, believe private…
CFTC’s Selig Points to Blockchain as Tool for AI Content Verification
Michael Selig, chair of the US Commodity Futures Trading Commission, said blockchain could play a key role in verifying AI-generated content, contending the technology can help distinguish authentic media from synthetic outputs as concerns over misinformation grow. During an appearance on The Pomp Podcast on Thursday, Selig was asked by host Anthony Pompliano about the use of AI-generated memes and images in markets, and whether intent matters or such content should be restricted altogether. He told Pompliano: The private markets have solutions — blockchain technology is a great one. If…
Blockchain Philanthropy Fails Africa’s Real-World Test
Opinion by: Samuel Owusu-Boadi, founder of WellsForAll Over the past decade, crypto philanthropy has exploded. From a niche experiment to a transformative force channeling billions into global causes, crypto philanthropy’s moment has arrived. According to data from The Giving Block, crypto donations exceeded $1 billion in 2024, proving that blockchain-based giving is now a legitimate, more transparent (in theory) and efficient alternative to traditional charity fundraising. While these figures show momentum, scale alone does not equate to success, especially in philanthropic projects across Africa. Across the African continent, many crypto…
Mike Selig: CFTC and SEC collaboration marks a regulatory shift, Project Crypto aims for unified definitions, and blockchain enables self-custody
Key Takeaways The CFTC and SEC are working together to create a unified regulatory framework for crypto. Project Crypto aims to align definitions and regulatory philosophies between the CFTC and SEC. The distinct roles of the CFTC and SEC are crucial for managing different financial market aspects. Tailored regulatory approaches are necessary for technologies like AI and crypto. Blockchain technology offers self-custody and censorship-resistant asset management. Derivatives are key financial instruments for risk management and speculation. The previous lack of a regulatory framework led to rapid product development in the…
Illia Polosukhin: AI will replace traditional operating systems, blockchain serves as a root of trust for secure AI, and the need for user-owned AI is crucial
Key takeaways Using traditional AI services can expose sensitive information, highlighting critical security concerns. Blockchain can facilitate data labeling and crowdsourcing in AI, enhancing efficiency. AI will fundamentally change how we interface with computing, potentially replacing traditional operating systems. AI will serve as an interface that connects various services, including financial services, seamlessly. Blockchain serves as a root of trust for AI infrastructure, enabling secure identity management. Money is becoming increasingly important as AI accelerates the need for a marketplace for resource coordination. AI will bridge the gap between traditional…
Keone Hon: Monad’s successful blockchain launch, the importance of decentralization for user trust, and why outdated token gating strategies hinder growth
Key takeaways Monad’s blockchain launch was successful, with fast transaction processing and positive user feedback. Strategic decisions, such as avoiding a pre-deposit campaign, set Monad apart from other blockchains. Monad was the first project to conduct a token sale on Coinbase’s new platform, enhancing its visibility. Exchanges play a crucial role as facilitators in the crypto ecosystem, integrating with networks to enable trading. Decentralization is vital for the growth and adoption of blockchain technologies. The Coinbase token sale attracted over 85,000 participants, showcasing strong interest in Monad’s token. Gating tokens…
Blockchain Messaging Adoption Rising in Line With Global Unrest
Decentralized, blockchain-based messaging and social media apps saw a surge of interest over the last year amid civil unrest and communication blackouts in the Middle East, Asia and Africa. Search interest in decentralized social media has grown 145% over the last five years, according to Exploding Topics, while decentralized peer-to-peer messaging service Bitchat saw a spike in downloads during protests in Madagascar, Uganda, Nepal, Indonesia and Iran in recent months. Search interest in decentralized social media has spiked in the last five years. Source: Exploding Topics “I think people are…
Datavault AI signs agreement to acquire NYIAX for blockchain trading
Datavault AI said Thursday it has signed a definitive agreement to acquire NYIAX, a move that gives the company control of blockchain-based exchange technology it says will underpin a broader push into institutional trading venues for data and other tokenized real-world assets. The announcement converts an October 13, 2025 letter of intent into a formal merger agreement and deepens a relationship that already included licensing agreements and a technology alliance announced in March 2025. The company said NYIAX’s infrastructure will be combined with Datavault AI’s Information Data Exchange and its…
Moody’s brings trusted credit insights to blockchain networks with Token Integration Engine
Moody’s is bringing its credit analysis to blockchain-based financial systems through the Token Integration Engine (TIE), a network-agnostic integration layer that enables the ingestion of analytical data and the delivery of credit insights on-chain. The company has also become the first rating agency to run a node on the Canton Network, underscoring its commitment to advancing a secure and compliant digital market infrastructure. According to Fabian Astic, who leads the Digital Economy division at Moody’s Ratings, the digitization of financial markets does not reduce the need for trusted credit evaluation,…