Press Coverage


November 8, 2024

Vixichain Secures $7 Million To Facilitate Institutional Digital Asset Interaction

While traditional finance (TradFi) interest in blockchain, decentralized finance (DeFi), and other Web3 sectors have grown, its involvement with public blockchains conflicts with its dedication to privacy and regulatory compliance. This tension arises because public blockchains are, by nature, transparent and immutable, making it difficult for institutions to uphold the need for confidentiality that is integral to their operations..

Published

gate.io


November 8, 2024

Vixichain Secures $7 Million To Facilitate Institutional Digital Asset Interaction

While traditional finance (TradFi) interest in blockchain, decentralized finance (DeFi), and other Web3 sectors have grown, its involvement with public blockchains conflicts with its dedication to privacy and regulatory compliance. This tension arises because public blockchains are, by nature, transparent and immutable, making it difficult for institutions to uphold the need for confidentiality that is integral to their operations..

Published

newsbtc


November 4, 2024

Vixichain Secures $7 Mln to Build a Permissioned Blockchain Where Banks Act as Validators

There is no way to achieve real mainstream Web3 adoption without involving financial institutions. Despite being centralized, banks bring a lot to the table such as risk management strategies, liquidity, and credibility which can’t be underestimated. Since most financial institutions are hesitant to interact with public blockchains due to legal and privacy concerns, Vixichain offers a secure environment that balances privacy and transparency while enabling them to engage with public blockchains.

Published

headtopics


October 10, 2024

How NFTs Have Evolved From Once-Forgotten Digital Art

Vixichain, a layer 1 blockchain solving institutional reluctance to interact with public blockchains, for example, is designing a “non-fungible stable token” for banks to engage with crypto and decentralized finance on public blockchains in a compliant and privacy-oriented manner.Since transaction history is fully accessible to anyone able to read a public blockchain’s code, Vixichain blends NFT traceability and proof of ownership with a stablecoin’s ability to serve as a universal medium of exchange. This allows Vixichain’s stablecoin to securely link its network of banks with blockchains and access the vast majority of decentralized finance protocols, where most of the industry’s liquidity sits.

Published

Investing.com


September 21, 2024

The Symbiosis of Traditional Finance and Blockchain Technology

The landscape of finance is undergoing a significant transformation as traditional banking institutions begin to embrace blockchain technology and cryptocurrencies. Earlier this year, notable advancements were made when the SEC approved exchange-traded funds (ETFs) for Bitcoin and Ether, signaling a notable shift in the perception of digital assets among mainstream financial actors like BlackRock..

Published

bitperfect