Author: CryptoCurrencyNews

BISHKEK, Kyrgyzstan, May 4, 2025 /PRNewswire/ — Binance, the global blockchain ecosystem behind the world’s largest cryptocurrency exchange, and the National Agency for Investments under the President of the Kyrgyz Republic have signed a Memorandum of Understanding (MoU) aimed at creating a long-term, sustainable foundation for collaboration in advancing the rapidly growing digital-asset sector in the Kyrgyz Republic.

The signing of the memorandum took place during a first meeting of the Council for the Development of Digital Assets with the participation of the President of the Kyrgyz Republic, Mr. Sadyr Nurgozhoevich Japarov.

The MoU sets the stage for collaboration between the National Agency for Investments and Binance on several fronts. The partnership will see the introduction of crypto payments to the Kyrgyz Republic through Binance Pay, simplifying transactions for visitors. This initiative is set to revolutionize cross-border payment solutions across Central Asia and the Eurasian Economic Union (EAEU), paving the way for smoother and more efficient transactions across the region.

The agreement also emphasizes educational initiatives. Binance Academy, one of the world’s largest educational hubs for blockchain and cryptocurrency, will assist the National Agency for Investments of the Kyrgyz Republic in creating comprehensive educational programs designed to raise awareness among government agencies and financial institutions. Most importantly, these initiatives will focus on enhancing Kyrgyz citizens’ financial literacy and supporting domestic Web3 projects, ultimately elevating the knowledge and skills that the people of Kyrgyzstan will need to thrive in the era of digital finance.

“We are thrilled to embark on this strategic partnership with Binance, which marks a pivotal step in advancing the crypto-assets sector in the Kyrgyz Republic. This collaboration not only underscores our commitment to fostering innovation and economic growth but also highlights the importance of embracing digital transformation in today’s global economy. Together, we aim to create a robust framework that supports the development of crypto-assets, enhances financial literacy, and opens new avenues for cross-border payments, ultimately benefiting our citizens and the broader region.” — Farhat Iminov, Head of National Agency for Investments of the Kyrgyz Republic.

“Binance is excited to partner with the National Agency for Investments of the Kyrgyz Republic to drive forward the development of crypto-assets in the region. This Memorandum of Understanding represents a shared vision for leveraging blockchain technology to create sustainable economic opportunities, improve financial inclusion and advance the freedom of money in Kyrgyzstan. We look forward to working closely with our partners on all levels of the Kyrgyz government to implement innovative solutions and educational initiatives that will empower individuals and institutions alike.” — Kyrylo Khomiakov Regional Head of CEE, Central Asia and Africa at Binance. 

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 260 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

About National Investments Agency under the President of the Kyrgyz Republic

The National Investments Agency under the President of the Kyrgyz Republic is a governmental agency promoting foreign investments and assisting international companies in finding business opportunities in the Kyrgyz Republic.

The primary objectives of the National Agency are to attract and promote investment inflow to the national economy, to assist existing and potential exporters in promoting their products to overseas markets, as well as to develop mechanisms for public-private partnership.

CONTACT: pr@binance.com 

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Strategically, the Blockchain As A Service (BaaS) market presents strong growth potential, especially in regions like North America with mature digital infrastructure and regulatory support. Market entry should prioritize sectors like finance, supply chain, and healthcare, where blockchain adoption is accelerating. However, high implementation costs and regulatory uncertainty require careful risk assessment and strategic partnerships. Firms should offer scalable, compliant, and cost-efficient BaaS solutions, while investing in customer education and technical support to overcome integration challenges and capitalize on long-term enterprise adoption trends.

LEWES, Del., May 2, 2025 /PRNewswire/ — The Global Blockchain As A Service Market Size is projected to grow at a CAGR of 71.20% from 2024 to 2031, according to a new report published by Verified Market Research^®. The report reveals that the market was valued at USD 47.93 Billion in 2024 and is expected to reach USD 347.25 Billion by the end of the forecast period.

The Blockchain As A Service Market is evolving rapidly, fueled by adoption in BFSI, healthcare, and supply chain sectors. Enterprises are leveraging BaaS for improved traceability, security, and data integrity. The market shows strong potential amid growing digitization trends.

Key Highlights of the Report:

• Market Size & Forecast: Valuation, CAGR, and projected market size from 2024 to 2031
• Technological trends shaping the BaaS ecosystem
• Competitive Landscape: In-depth profiling of major players, including their strategies, innovations, and market positioning.
• Regional dominance and emerging markets outlook
• Regulatory and policy impact analysis
• SWOT and Porter’s Five Forces analysis

Why This Report Matters:

This report delivers actionable insights into a rapidly evolving market where blockchain is transforming business models. It empowers decision-makers with data-driven forecasts, competitive intelligence, and technology trends to stay ahead of industry shifts.

Who You Should Read This Report:

• C-level executives and enterprise IT leaders exploring blockchain integration
• Investors and VCs focused on emerging tech ecosystems
• B2B service providers and technology consultants
• Supply chain and finance professionals aiming for operational transparency
• Government bodies and regulators evaluating blockchain policies

For more information or to purchase the report, please contact us at: https://www.verifiedmarketresearch.com/download-sample?rid=10565

Browse in-depth TOC on “Global Blockchain As A Service Market Size“

202 – Pages
126 – Tables
37 – Figures

Report Scope

Global Blockchain As A Service Market Overview

Market Driver

Surge in Enterprise Demand for Secure Digital Transactions: As cyber risks advance, organizations are transitioning to decentralized architectures to safeguard sensitive data and preserve transaction integrity. Blockchain as a Service (BaaS) provides strong cryptographic security and audit capabilities, minimizing fraud and illegal access. Entities within the BFSI, legal, and healthcare sectors are implementing BaaS to enhance verification procedures, mitigate operational risks, and bolster trust among stakeholders.

Increasing Adoption in Supply Chain and Logistics: Blockchain facilitates real-time asset monitoring, provenance verification, and immutable recording—essential requirements for contemporary supply chains. Logistics firms, manufacturers, and retailers are integrating BaaS platforms to assure compliance, mitigate counterfeit concerns, and improve supplier transparency. Due to increasing ESG and traceability demands, companies are investing in BaaS to digitally transform their comprehensive supply networks.

Growth of Smart Contracts and Decentralized Applications (dApps): Smart contracts are transforming enterprise automation by eliminating the necessity for third-party validation in contractual processes. Blockchain-as-a-Service (BaaS) solutions empower enterprises to construct, implement, and oversee smart contracts on scalable blockchain networks without necessitating internal blockchain infrastructure. Industries such as insurance, finance, and energy are adopting BaaS to mitigate delays, enforce contractual commitments, and diminish disputes through self-executing protocols.

To Purchase a Comprehensive Report Analysis: https://www.verifiedmarketresearch.com/select-licence?rid=10565

Market Restraint

Regulatory Uncertainty and Compliance Challenges: The international blockchain regulatory framework is disjointed and continues to develop. Businesses encounter uncertainty around the alignment of blockchain transactions, smart contracts, and digital identities with local compliance regulations, including GDPR, HIPAA, and financial reporting standards. The intricate regulatory landscape, especially for cross-border operations, obstructs comprehensive BaaS implementations and introduces legal and reputational risks.

High Implementation and Integration Costs: While BaaS diminishes the price associated with constructing blockchain infrastructure from the ground up, overall implementation costs might be considerable. Organizations must allocate resources for customisation, user training, legacy system integration, and post-deployment maintenance. For SMEs, the initial and recurring expenses remain high, deterring adoption despite the technology’s promise for long-term ROI.

Limited Availability of Blockchain Expertise: Blockchain continues to be a specialized competency inside the global labor market. Many firms lack the internal technical expertise necessary to efficiently implement, scale, and secure BaaS infrastructures. The learning curve related to distributed ledger technologies, consensus processes, and smart contract programming hinders implementation deadlines. This skills deficit increases dependence on external consultants and impedes innovation cycles.

Geographical Dominance

North America possesses the predominant stake in the Blockchain As A Service (BaaS) industry, propelled by early adoption in financial services, healthcare, and logistics. The existence of influential major actors, along with robust regulatory support for digital transformation, drives regional growth. U.S. companies are utilizing BaaS to improve data security, optimize operations, and maintain competitiveness, establishing the area as a global center for blockchain innovation.

Key Players

The “Global Blockchain As A Service Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are IBM Corporation, Microsoft Corporation, SAP SE, Amazon Web Services, Oracle Corporation, Accenture PLC, Deloitte Touche Tohmatsu Limited, Cognizant, Infosys Limited, Capgemini SE, NTT Data Corporation, Huawei Technologies Co. Ltd, HPE, Baidu, Inc., Tata Consultancy Services Limited, KPMG, Wipro Limited.

Blockchain As A Service Market Segment Analysis

Based on the research, Verified Market Research has segmented the global market into Component, Business Application, Vertical and Geography.

• Blockchain As A Service Market, by Component:
  • Tools
  • Services
• Blockchain As A Service Market, by Business Application:
  • Supply Chain Management
  • Governance, Risk, and Compliance Management
  • Smart Contracts
  • Identity Management
  • Payments
• Blockchain As A Service Market, by Vertical:
  • Banking, Financial Services, and Insurance (BFSI)
  • Telecom and IT
  • Retail and E-commerce
  • Media and Entertainment
  • Transportation and Logistics
• Blockchain As A Service Market, by Geography
  • North America
    • U.S
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • ROW
    • Middle East & Africa
    • Latin America

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Global Web 3.0 Market Size By Type (Decentralized Applications (dApps), Decentralized Finance (DeFi)), By Technology (Blockchain Technology, Artificial Intelligence (AI)), By Application (Gaming, Social Media), By Geography, And Forecast

Global Blockchain Security Market Size By Component (Platform, and Services), By Provider (Application Providers, Middleware Providers), By Type (Private, Public), By Organization Size (Large Enterprises, SMEs), By Application (Transportation and Logistics, Agriculture and Food), By Geography, And Forecast

Global Fintech as a Service (FaaS) Market Size By Type (Banking, Payment), By Technology (Artificial Intelligence (AI), Blockchain), By Application (Fraud Monitoring, KYC Verification), By End-User (Banks, Financial Institutions), By Geography, And Forecast

Global Blockchain Interoperability Market Size By Solution (Cross-chain Bridging, Cross-chain APIs, Federated or Consortium Interoperability), By Application (d Apps, Digital Assets/NFTs, Cross-chain Trading & Exchange), By Geography, And Forecast

5 Leading Blockchain-As-A-Service Providers’ technological tour de force

Visualize Blockchain As A Service Market using Verified Market Intelligence -:

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With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

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NEW YORK, May 2, 2025 /PRNewswire/ — Interlace, a pioneering financial innovation platform bridging traditional (Web2) and decentralized (Web3) ecosystems, is making a high-impact debut at Token2049, the world’s largest cryptocurrency conference. The event draws more than 15,000 global Web3 leaders, investors, developers, and policymakers to the heart of the Middle East’s burgeoning digital economy.

As the MENA region solidifies its status as a strategic launchpad for blockchain and digital finance, Interlace is leveraging Token2049 to highlight its global ambitions and regional integration efforts. Through a combination of keynote speeches, panel participation, side events, and interactive showcases, the company will spotlight its technological breakthroughs, regulatory strategies, and innovative Web3 solutions designed to advance financial inclusion and digital infrastructure.

Token2049 has cemented its position as the premier global platform for blockchain dialogue and innovation. With MENA emerging as a magnet for crypto and fintech enterprises—thanks to its progressive regulatory framework and strong investor base—the event provides fertile ground for companies like Interlace to scale their operations in high-growth markets.

Driving Web3 Compliance and Strategy in the Middle East

Michael Wu, Founder and CEO of Interlace, was recently invited to speak at the event Mastering Web3 Finance and Compliance: Blockchain & Beyond, where he joined a panel discussion exploring regulatory frameworks and emerging trends in the Middle East’s Web3 ecosystem. Drawing on Interlace’s extensive global experience, Wu provided a deep dive into the region’s compliance landscape. He emphasized the UAE’s regulatory efficiency as a strategic advantage for Web3 companies, stating: “In MENA, it takes only a few months to obtain a Virtual Asset Service Provider (VASP) license, whereas the same process can take up to two years in Singapore. In the United States, conflicting federal and state regulations create persistent uncertainty for businesses.” This favorable regulatory environment, he noted, has enabled Interlace to accelerate its expansion into the Middle Eastern market.

Wu also outlined Interlace’s proactive compliance strategy, highlighting early regulatory investment as a foundation for building long-term competitive advantages. “We’ve secured key licenses—including MSB (Money Services Business), MSO (Money Service Operator), and VASP—across major markets such as Hong Kong, the U.S., and Europe,” he shared. He stressed the importance of integrating technology with compliance, citing the use of biometric solutions to streamline Know Your Customer (KYC) procedures. This approach not only ensures regulatory adherence but also enhances user accessibility. “Compliance is not a cost,” Wu asserted. “It’s the foundation of brand trust. For institutional partners and investors, regulatory compliance is non-negotiable—and critical for sustainable growth.”

Addressing the convergence of traditional finance and Web3, Wu presented Interlace’s multi-license model as a blueprint for cross-border innovation. “Our crypto payment card enables seamless interoperability between on-chain digital assets and off-chain consumer transactions,” he explained. “This functionality requires a high degree of cross-jurisdictional compliance.” Wu concluded by sharing that Interlace is actively expanding its footprint in the Middle East, bringing its regulatory expertise and compliance technology to support the region’s rapidly evolving blockchain infrastructure.

Unveiling Innovation at Premier Side Events

Beyond the main conference, Interlace will engage audiences at high-profile side events including 1001 Crypto Nights, Gilded Mirage, and the Hack Seasons Conferencei. These gatherings delve into themes such as the convergence of legacy finance with decentralized protocols and the region’s unique role in accelerating Web3 adoption.

Interlace will showcase its Card-as-a-Service (CaaS) API solutions tailored for the PayFi sector, as well as its custom-designed physical banking cards—which double as exclusive, limited-time gift cards. These cards demonstrate real-time “on-chain to off-chain” transaction capabilities, offering attendees a tangible experience of seamless Web3-enabled payments.

A Strategic Leap Toward Global and Regional Impact

Interlace’s presence at Token2049 is more than a product showcase—it represents a pivotal step in the company’s global expansion and MENA market penetration. As the company deepens its engagement in the region, it aims to collaborate with local institutions to build robust, inclusive digital financial ecosystems.

Wu reflected on the significance of the Middle East in shaping the future of blockchain finance: “The Middle East is rapidly evolving from an energy stronghold into a center of digital innovation. Its open regulatory approach and dynamic capital environment make it a strategic region for Web3 transformation. At Interlace, we’re committed to co-creating resilient financial infrastructure with local partners—enabling businesses and users to fully benefit from the potential of blockchain technology. We see MENA as a future global benchmark for Web3 applications.”

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VICTORIA, Seychelles, May 1, 2025 /PRNewswire/ — MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC’s 7th anniversary and reaffirming the company’s evolution from a trading platform to a full-scale Web3 ecosystem builder.

The new fund marks a strategic pivot in MEXC’s positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3.

“We see this commitment as an opportunity to position MEXC well above its perceived place in the industry as an exchange service. We can and intend to offer much more through this investment, driving businesses and users to our ecosystem with a value offering built on best practices. Our ultimate vision is to transition from a trading venue to an ecosystem platform that will cater to all the needs of crypto industry participants in unique, innovative, and attractive ways,” as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement.

The Ecosystem Development Fund foresees the establishment of an investment and cooperation linkage model that will connect the different businesses with the broader MEXC ecosystem to drive value. The trusted basis of MEXC as a leader in innovation will be used to expand and enhance the overall trading experience for users by offering support beyond capital. Cooperation between exchange business and investments will focus on the development of public chains, stablecoins, wallets, and media platforms as part of the MEXC ecosystem. Comprehensive selection criteria will be announced for projects interested in joining the new initiative.

The new development will allow projects to attract investments and attain visibility, thus advancing their integration across industry services. This will, in turn, give users access to new services, upping their overall experience and building trust. Greater integration and cooperation between businesses, projects and users will ultimately positively impact the industry as a whole, advancing innovation and promoting adoption across different markets and regions.

Existing initiatives within the MEXC ecosystem include Ethena, a leading innovator in the stablecoin space. MEXC has made a strategic investment of $16 million in Ethena and has also purchased $20 million worth of USDe, Ethena’s synthetic dollar. In collaboration with Ethena, MEXC launched several joint campaigns that have gained significant traction in recent weeks, driving strong user engagement. ENA, Ethena’s native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms.

MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative.

About MEXC Ventures

MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of “Empowering Growth Through Synergy,” MEXC Ventures is committed to supporting innovative ideas and active builders.

MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.

For more information, visit: MEXC Ventures Website

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SINGAPORE, April 30, 2025 /PRNewswire/ — HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.

The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.

“Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”

Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”

He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.

HTX DAO Drives Growth, Deepens Ecosystem Governance

Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.

She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.

SVIP Benefits Unveiled, $1M Recruitment Program Launches

HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.

Key highlights include:

• Ultra-low fees: Spot maker fees as low as 0.0126%, futures maker fees as low as 0%, dramatically reducing transaction costs.
• Efficient margin and crypto loans: Enjoy up to 9% discount on margin interest rates, flexible loans, and zero service fees. Eligible users can access up to $20 million in credit lines per account, with Fireblocks custody integration to ensure asset safety.
• SVIP-only privileges: 1-on-1 account managers with 24/7 support, Improved API rate limit, and invitations to private SVIP gatherings.

SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.

To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:

• Invite new users to become SVIPs and earn up to $5,000 in USDT
• Enjoy double rewards for VIP users migrating from other platforms
• Earn an additional $2,000 cashback voucher when referring multiple qualified users

More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.

About HTX DAO
As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

Website: www.htxdao.com

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SOURCE HTX DAO

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