Author: CryptoCurrencyNews

FULLERTON, Calif., Aug. 15, 2025 /PRNewswire/ — Akemona, Inc., developer of a leading real-world asset (RWA) digital asset management platform, has appointed blockchain pioneer Alex de Lorraine as Chief Executive Officer. In his new role, Alex will lead Akemona’s strategic expansion in the rapidly growing RWA fintech sector.

Akemona provides comprehensive digital asset issuance, management, and tokenization platform services for businesses and financial institutions—supporting digital securities, smart bonds, utility tokens, and other blockchain-native assets.

Alex is a seasoned business leader with over two decades in senior positions at Google, Pfizer, and Archblock, with deep expertise in finance, accounting, and operations. Since 2018, he has been at the forefront of Web3 innovation, launching regulated, fully-backed stablecoins and developing one of the first uncollateralized DeFi credit protocols. As an early executive at TrustToken, he launched the TrueCurrencies suite, which achieved a combined market capitalization of over $3 billion. He was a founding member of TrueFi, the first major RWA protocol and one of the earliest liquid RWA tokens, which processed over $1.8 billion in transactions. At TrueCoin (Archblock), Alex played a key role in founding the Stablecoin Standard, the global industry body for stablecoins. Alex holds an MBA from the University of Münster and a Doctorate from California Southern University, and is fluent in both German and English.

“We are thrilled to welcome Alex to Akemona,” said Ravi Srivastava, Co-Founder and Chief Product Officer of Akemona. “His proven track record in launching and scaling high-impact blockchain assets—combined with his deep knowledge of RWA markets—makes him uniquely qualified to lead our next phase of growth. Alex has already begun driving our expansion into institutional, crypto, and capital markets, building on our strong technology foundation.”

“Akemona has built one of the most advanced decentralized platforms for issuing and managing digital assets,” added Brady Matthews, Chief Technology Officer of Akemona. “We successfully launched multiple digital asset types on our platform in 2024. With Alex at the helm, we are well-positioned to seize opportunities in the rapidly expanding RWA fintech space.”

“It’s an honor to join Akemona at such a pivotal time,” said Alex de Lorraine, CEO of Akemona. “The company’s blockchain infrastructure and tokenization capabilities are among the most sophisticated I’ve seen in the industry. Over the next three to six months, we will be executing on key initiatives designed to expand our institutional reach, deepen our RWA offerings, and strengthen our position as a leader in the tokenized capital markets.”

Akemona has pioneered blockchain-native software tokens for digital securities, ensuring immutability and transparency of financial transactions on decentralized networks. Digital asset securities issued on the Akemona platform offer benefits such as reduced administrative costs, real-time capitalization table tracking, and verifiable on-chain ownership.

“Our mission is to create a more connected, inclusive, and digitally empowered financial ecosystem,” Srivastava added. “By enabling financial institutions, businesses, and communities to collaborate on digital assets, we are addressing one of the biggest challenges in finance today—broadening access to capital for new and innovative projects worldwide.”

The Akemona platform streamlines digital asset issuance and management for businesses and financial institutions, guiding issuers through offering creation, regulatory document generation, and automated smart contract deployment. Investors can review offerings, invest via multiple payment methods, and receive digital securities directly in their wallets—delivering a seamless and secure investment experience.

Akemona’s platform is blockchain-agnostic, operating across both permissioned and permissionless networks, and offers customization options for institutional clients. This flexibility enables efficient regulatory filings, decentralized digital asset management, and faster capital market transactions.

Media Contact
Email: info@akemona.com

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This communication is for informational purposes only and should not be construed as investment advice or an offer to sell or solicit an offer to buy any securities. Investments in private offerings are speculative, illiquid, and involve a high degree of risk. Offerings are made solely through the applicable private placement memorandum and related documents.

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View original content:https://www.prnewswire.co.uk/news-releases/akemona-appoints-crypto-industry-veteran-alex-de-lorraine-as-ceo-to-accelerate-growth-in-the-rwa-fintech-space-302531302.html

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TORONTO, Aug. 14, 2025 /CNW/ – The INX Digital Company, Inc. (Cboe CA: INXD) (OTCQB: INXDF) (INXATS: INX) (“INX” or the “Company”), the owner of INX.One—a security token and digital asset trading platform, U.S. broker-dealer, alternative trading system, and transfer agent—announced today its financial results for the second quarter ended June 30, 2025.

The financial performance for the second quarter of 2025 reflects the Company’s continued progress in enhancing its infrastructure, expanding platform capabilities, and positioning itself for scale under its pending acquisition by Republic. All balances are in U.S. Dollars.

During Q2 2025, the acquisition of INX by OpenDeal Inc. (d/b/a Republic) advanced significantly, with approvals secured by INX shareholders, the Canadian court, and FINRA (the U.S. Financial Industry Regulatory Authority), among others. The transaction is now progressing toward completion.

• Balance Sheet Position: As of June 30, 2025, INX held total working capital of $1.9 million and adjusted working capital of $10.6 million, excluding the Reserve Fund and INX Token liability.
• Q2 Trading and Transaction Fees: Trading and transaction fees for Q2 totaled $52K, compared to $104K in the same period in 2024.
• Net Loss: The net operating loss for Q2 was $4.2 million, compared to $3.8 million in Q2 2024.
• Reserve Fund: A reserve fund of $34.3 million continues to be maintained for the protection of customer funds.
• Cash Flow: Net cash used in operating activities during Q2 was $5.8 million.

Q2 2025 was marked by significant advancements in user experience, banking infrastructure, and platform positioning as INX continued to strengthen its role as a multi-asset platform connecting cryptocurrencies, stablecoins, Real-World Assets (RWAs), and security tokens under a unified, U.S.-registered trading environment. The Company’s efforts were focused on supporting retail adoption and operational scale through technology and infrastructure upgrades.

INX has completed the migration of its banking and payments infrastructure for INX Securities to Rail and its banking partners to enhance fiat onboarding and withdrawals. These enhancements improved automation across onboarding, funding, and account approvals, positioning INX to serve a broader user base more efficiently.

Additionally, INX delivered user-facing upgrades aimed at simplifying and clarifying the user journey for self-directed investors seeking on-chain diversification. Key improvements included:

• A streamlined onboarding experience with clearer status tracking and enhanced ID verification.
• Development of the updated Portfolio dashboard, designed to better reflect INX’s positioning as a unified platform for multiple asset types, was completed in Q2.A
• Ongoing improvements to the mobile app, expanding token visibility and providing easier access to security token holdings.

On the operational side, INX’s focus in Q2 was on platform resilience and scalability. The Company deployed over 16 infrastructure patches, a record for a single quarter, addressing production issues and optimizing processes tied to banking integrations and user flows. These efforts directly enhanced platform stability and user experience during a period of transition.

The platform’s regulatory and compliance infrastructure was further reinforced with the implementation of automated FINRA trade reporting, alongside improvements to back-office tools supporting account status monitoring and reporting. INX also expanded its blockchain integrations to include Polygon and Avalanche for enhanced security token issuance capabilities and continued upgrading its infrastructure with enhanced security protocols, migration to ethers.js, and scalability improvements on AWS Kubernetes.

INX continues to solidify its position as a trusted venue for compliant trading of security tokens, RWAs, and cryptocurrencies. The platform’s integrated infrastructure now better supports scalability, operational efficiency, and regulatory rigor — positioning INX as a key component in Republic’s future global offering.

Shy Datika, CEO of INX, commented:

“Q2 was a pivotal quarter for INX. We delivered meaningful improvements to our user experience, resolved key operational challenges, and completed the heavy lifting of our banking migration. Just as importantly, we secured shareholder, court, and FINRA approval for our acquisition by Republic — a milestone that unlocks our next phase of growth. As the digital asset space continues to evolve, INX remains committed to providing the most compliant, transparent, and seamless platform for trading both crypto and security tokens.”

About INX:

INX provides regulated trading platforms for digital securities and cryptocurrencies. With the combination of traditional markets expertise and a disruptive fintech approach, INX provides state-of-the-art solutions to modern financial problems. INX is led by an experienced and dedicated team of business, finance, and technology veterans with the shared vision of redefining the world of capital markets via blockchain technology and a disciplined regulatory approach.

About The INX Digital Company, Inc.:

INX is the holding company for the INX Group, which includes regulated trading platforms for digital securities and cryptocurrencies. The INX Group’s vision is to be the preferred global regulated hub for digital assets on the blockchain. The INX Group’s overall mission is to bring communities together and empower them with financial innovation. Our journey started with our initial public token offering of the INX Token in which we raised US$84 million. The INX Group is shaping the blockchain asset industry through its willingness to work in a regulated environment with oversight from regulators like the SEC and FINRA. For more information, please visit the INX Group website here.

Cautionary Note Regarding Forward-Looking Information and Other Disclosures

This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates, and projections as of the date of this news release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events, or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. In disclosing the forward-looking information contained in this press release, INX has made certain assumptions, including with respect to the continuous development of the INX trading platform, the completion of the transactions described herein, and the development of the digital asset industry. Although INX believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to regulatory developments, the state of the digital securities and cryptocurrencies markets, and general economic conditions. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, INX disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information, or otherwise. 

CBOE Canada is not responsible for the adequacy or accuracy of this press release. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to the U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE The INX Digital Company, Inc.

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PROVIDENCIALES, Turks and Caicos Islands, Aug. 14, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is pleased to announce that its crypto payment solution, KuCoin Pay, has entered into a strategic partnership with BitTopup, a rapidly growing marketplace for mobile recharges, gift cards, and game credits. This collaboration empowers KuCoin users to seamlessly spend their digital assets across a wide range of digital goods, enhancing real-world crypto utility.

KuCoin Pay is redefining the crypto payment experience for both merchants and users by offering fast and seamless payments. With integration across both online and offline channels, KuCoin Pay has rapidly expanded its global reach since the launch —building partnerships with a variety of platforms that support practical, everyday use cases for crypto. The addition of BitTopup further strengthens this network, enabling users to instantly purchase mobile top-ups, gaming credits, and digital gift cards using their favorite cryptocurrencies.

“At KuCoin Pay, our mission is to empower users to unlock the real-world value of crypto,” said Kumiko Ho, Head of Payment Business. “This partnership with BitTopup is another meaningful step toward that vision—making everyday payments faster, easier, and more accessible through digital assets.”

CEO of BitTopup  Amit Kuma commented:

At BitTopup, our mission is to bring digital assets into everyday life. Partnering with KuCoin Pay moves us closer to that vision—delivering faster processing, a smoother experience, and broader accessibility for everyday payments.

These collaboration reflects KuCoin Pay’s ongoing commitment to bridging the gap between crypto and daily life—offering users a smarter way to transact and merchants a forward-looking way to grow.

To celebrate the partnership, BitTopup is offering a 2% discount on all purchases made via KuCoin Pay, valid until November 12, 2025. For more details, please visit KuCoin’s official website.

About KuCoin Pay

KuCoin Pay is a next-generation merchant payment solution developed by KuCoin. It enables businesses to accept and process crypto payments with ease. By offering instant transactions, support for a wide range of cryptocurrencies, and seamless integration into retail ecosystems, KuCoin Pay is transforming how value flows in the digital economy.

About BitTopup

BitTopup is a trusted digital recharge platform serving over five million global customers. It enables instant top-ups for games, live-streaming services, and gift cards, with partnerships across leading brands like Google, Poppo Live, and Midasbuy.

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SOURCE KuCoin

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PROVIDENCIALES, Turks and Caicos Islands, Aug. 12, 2025 /CNW/ — The globally leading cryptocurrency exchange KuCoin today announced a collaborative exploration with the digital financial infrastructure platform AlloyX to introduce Real-World Asset (RWA) tokens into the exchange’s collateral mechanisms. This partnership will pilot the integration of RWA token RYT, issued by a traditional licensed asset management company, into KuCoin’s Off-Exchange Settlement (OES) system for credit line management. The mechanisms will be gradually optimized and expanded based on market feedback.

This collaboration incorporates tokenized products from the “ChinaAMC USD Digital Money Market Fund,” issued by a traditional large-scale asset management institution—China Asset Management (Hong Kong) Limited—into the exchange’s credit system. It represents a new attempt to drive ongoing innovation in RWA application scenarios, further penetrating and establishing connections between Web2 and Web3 assets.

Crossover Initiative: Tokens Backed by Traditional Fund Assets Enter the Exchange Credit System

China Asset Management (Hong Kong) Limited is a wholly-owned subsidiary of China Asset Management Co., Ltd., and is one of the earliest Chinese asset management institutions in Hong Kong to conduct overseas business. It is the issuer of the underlying asset for the RYT token—the “ChinaAMC USD Digital Money Market Fund.” This fund is one of Asia’s first tokenized USD funds targeted at retail investors, with fund units available for subscription and redemption in token form.

Under this partnership mechanism, KuCoin will include RYT in its credit collateral list. Users holding the token can apply for credit lines in their platform accounts to support related trading operations. Backed by secure mechanisms and authentic assets, this innovative attempt provides a new use case for RWA tokens: users can earn underlying yields through holding, allowing investors to configure money market fund tokens as conveniently as other on-chain assets and increase asset allocation diversity, while also activating asset leverage value through collateralization.

Notably, the underlying asset structure of RYT has undergone rigorous compliance design, with functions such as fund custodian banking, fund administration, and unit registration handled by Standard Chartered Bank in Hong Kong, offering a trustworthy asset chain under a traditional financial framework.

KuCoin CEO BC Wong stated: “KuCoin has always been committed to bridging traditional finance and the crypto world through innovation. This collaboration with AlloyX to explore RWA tokens as collateral mechanisms exemplifies our dedication to providing users with secure and compliant solutions. We emphasize trustworthiness and risk control—this partnership not only elevates the platform’s innovation level but also delivers reliable asset appreciation opportunities to global users, helping them manage digital assets more confidently in dynamic markets.“

AlloyX Co-Founder and CEO Thomas Zhu remarked: “Our focus has always been on how RWA, as an asset form, can deliver more authentic and sustainable economic functions on-chain. This cooperation with KuCoin is a pragmatic attempt centered on ‘collateral mechanisms and scenario building,’ not only offering users more possibilities for asset utilization but also providing the industry with opportunities for structural validation.“

Long-Term Significance: Activating Liquidity and Guiding Market Consensus

Although RWA is still in its early development stage, its potential in institutional design, risk control, and asset-side construction is increasingly recognized by financial technology institutions. In this collaboration, AlloyX and KuCoin are linking up around RWA collateral mechanisms—not just a product-level integration test but potentially a vanguard for subsequent market standards and practical paths.

From an industry perspective, incorporating traditional asset tokens as compliant collateral into mainstream exchange credit systems is expected to enhance the depth of RWA usage and liquidity, while also providing observable models for more asset issuers, platform operators, and regulators.

In this context, KuCoin stated that it will continue to deepen exploratory collaborations with various parties to bring more innovative value to global users.

About KuCoin

Founded in 2017, KuCoin is a leading global cryptocurrency platform serving over 41 million users across 200+ countries and regions. Built on cutting-edge blockchain technology, KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin is ISO 27001:2022 certified and committed to security, compliance, and innovation under the leadership of CEO BC Wong. Learn more: https://www.kucoin.com/

About AlloyX

AlloyX Limited is a technology company that specializes in global stablecoin payments and asset tokenization. Committed to integrating traditional banking payment systems with blockchain services, AlloyX provides secure and efficient stablecoin payment services and asset tokenization solutions. The company aims to become Asia’s leading stablecoin payments infrastructure and RWA tokenization technology provider. AlloyX offers embedded stablecoin wallet services and integrates various blockchain and payment solutions into its wallet and payment middle platform. The AlloyX platform also provides comprehensive solutions for stablecoin storage, payments, settlement, investment, foreign exchange, and asset tokenization, promoting the global adoption and application of stablecoin payments and tokenization technologies.

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SOURCE KuCoin

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DUBAI, UAE, Aug. 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the listing of eight new tokens on its all-new Bybit Web3 platform, expanding users’ access to on-chain opportunities.

The newly listed tokens are:

• Ava AI (AVA)
• TROLL (TROLL) 
• The Spirit of Gambling (Tokabu)  
• Housecoin (House) 
• unstable coin (USDUC) 
• Uranus (URANUS)
• PYTHIA (PYTHIA)
• Illusion of Life (SPARK)

Bybit Web3: Efficient Integration

With the new Bybit Web3, users do not need to juggle multiple external wallets, top up gas tokens, or navigate clunky DeFi interfaces. Users can now buy and sell these tokens directly using USDT, USDC, SOL, or BBSOL from their Unified Trading Account (UTA) — instantly, securely, and without any setup hassle.

Proceeds from token sales are automatically credited to the user’s UTA, ensuring a seamless flow of liquidity between centralized and decentralized markets.

This efficient integration delivers the speed and convenience of a centralized exchange combined with the innovation and opportunities of Web3.

Bybit Web3 already supports a growing roster of trending Solana-based assets, giving traders access to early-stage projects and emerging market opportunities.

#Bybit / #TheCryptoArk  

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
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