Search results for Open Blockchain
Crypto
Circle to launch Arc mainnet on Sept. 16 with 11 founding validators including Visa and BlackRock
Circle will open the public mainnet of its own blockchain, Arc, on Sept. 16. It named 11 institutions including Visa, Mastercard and BlackRock as founding validators. Circle said more than 100 developers are involved under a private mainnet, and the testnet processed over 500 million transactions across about 3 million wallets. It also reported second-quarter revenue of $701 million and net income of $48 million.
Crypto
Hanwha Investment & Securities invests 30 billion won in U.S. blockchain firm Digital Asset
Hanwha Investment & Securities has invested about 30 billion won in Digital Asset, a blockchain infrastructure company focused on global finance. The company said on July 16 it completed a strategic investment of about 30 billion won in Digital Asset Holdings. New York-based Digital Asset operates the Canton Network, an open blockchain for financial services adopted by major institutions including Goldman Sachs and the Depository Trust & Clearing Corporation.
Crypto
Japan\'s SBI backs Solana to target yen stablecoin and RWA markets
Japan\'s SBI Holdings is partnering with the Solana Foundation to build onchain financial infrastructure targeting Japan\'s real-world asset (RWA) and stablecoin markets. SBI will overhaul subsidiary SBI R3 Japan, renaming it SBI Solana Global, and work with Sumitomo Mitsui Financial Group to pursue a yen-linked stablecoin and tokenisation of assets such as corporate bonds, commercial paper and real estate. SBI says it will keep a multi-chain strategy, with Ripple handling existing payment infrastructure.
