Press Coverage

TradFi will keep its distance until DeFi becomes a manageable risk

When traditional finance (TradFi) institutions shifted from skepticism to interest in crypto and its technological and financial solutions, hope emerged that its involvement in the industry could drive growth and widespread adoption. As crypto and decentralized finance (DeFi) propel an economic evolution, competing realities must inevitably coexist.

Cointelegraph.com

Soon TradFi Will Run Out of Excuses To Stay Away From DeFi

If we had to select the single most important crypto-related event of the last year, a majority might point to Donald Trump’s successful reelection bid, which triggered a surge in Bitcoin and most other major tokens.

Others may point to Bitcoin’s halving in April or the launch of more than 10 spot Bitcoin ETFs following their approval by the SEC in early 2024.

Less flashy, yet equally significant developments – like a substantial growth in stablecoins adoption – strengthen the industry’s foundation.

Vixichain’s DevNet goes live to provide banks secure and compliant access to DeFi

Vixichain, a Layer-1 blockchain developing a compliant digital payment rail for financial institutions to interact with DeFi, deploys its DevNet ahead of its upcoming mainnet launch in Q2 2025. The DevNet provides a sandboxed environment for financial institutions to confidently engage with digital assets and decentralized finance (DeFi) as on-chain validators along with corporate and retail users—all in a secure and compliant nature.

Vixichain’s DevNet goes live to provide banks secure and compliant access to DeFi

Vixichain, a Layer-1 blockchain developing a compliant digital payment rail for financial institutions to interact with DeFi, deploys its DevNet ahead of its upcoming mainnet launch in Q2 2025. The DevNet provides a sandboxed environment for financial institutions to confidently engage with digital assets and decentralized finance (DeFi) as on-chain validators along with corporate and retail users–all in a secure and compliant nature.

Vixichain’s DevNet goes live to provide banks secure and compliant access to DeFi

Vixichain, a Layer-1 blockchain developing a compliant digital payment rail for financial institutions to interact with DeFi, deploys its DevNet ahead of its upcoming mainnet launch in Q2 2025. The DevNet provides a sandboxed environment for financial institutions to confidently engage with digital assets and decentralized finance (DeFi) as on-chain validators along with corporate and retail users—all in a secure and compliant nature.

Vixichain’s DevNet goes live to provide banks secure and compliant access to DeFi

Vixichain, a Layer-1 blockchain developing a compliant digital payment rail for financial institutions to interact with DeFi, deploys its DevNet ahead of its upcoming mainnet launch in Q2 2025. The DevNet provides a sandboxed environment for financial institutions to confidently engage with digital assets and decentralized finance (DeFi) as on-chain validators along with corporate and retail users—all in a secure and compliant nature.

Vixichain’s DevNet goes live to provide banks secure and compliant access to DeFi

Vixichain, a Layer-1 blockchain developing a compliant digital payment rail for financial institutions to interact with DeFi, deploys its DevNet ahead of its upcoming mainnet launch in Q2 2025. The DevNet provides a sandboxed environment for financial institutions to confidently engage with digital assets and decentralized finance (DeFi) as on-chain validators along with corporate and retail users—all in a secure and compliant nature.

Bitcoin, Ethereum, XRP Dip Leaves Crypto Industry Unfazed: ‘We’re Going A Marathon,’ Expert Says

Roy Meyer, CEO of Vixichain, stated that the mood was “truly electric,” noting that the event brought together “bankers, VCs, hedge funds, layer ones, exchanges and et cetera,” all the relevant parties.

He believes that this makes it a productive event, emphasizing the connections being made. While acknowledging that markets can be low, he emphasized, “But in the long run, we are there.”

MicroStrategy’s Bitcoin debt loop: Stroke of genius or risky gamble?

Alexander Panasenko, head of product management at VixiChain said. “When you are holding a huge amount of liquidity of that inflationary-proof asset that actually stores value, you can make money just from holding it, or lending and borrowing it.”

Cointelegraph

How TradFi and DeFi Convergence Shapes the Future of Finance: Crypto’s Role

Crypto and DeFi challenge traditional banking, but collaboration is emerging. Vixichain bridges traditional finance and DeFi with a compliant, private blockchain…

Tradingview

10 Lithuanian startups that raised the country’s largest funding rounds in 2024; 6 of them are hiring right now

Lithuania is proving to be an attractive destination for both entrepreneurs and investors alike. There are over 1,000 startups and tech companies in the country, providing jobs for more than 18,700 people. By mid-December, Lithuanian startups had raised €86M this year through 38 deals, according to the report.

Siliconcanals

How TradFi and DeFi Convergence Shapes the Future of Finance: Crypto’s Role

Crypto and DeFi challenge traditional banking, but collaboration is emerging. Vixichain bridges traditional finance and DeFi with a compliant, private blockchain…

financemagnates

Michael Saylor’s MicroStrategy buys another 2,530 Bitcoin worth $243 million

Alexander Panasenko, head of product management at VixiChain. “When you are holding a huge amount of that inflationary-proof asset that actually stores value, you can make money just from holding it or through lending and borrowing.”

cryptocompass

Why 2025 Is The Right Time To Create National Bitcoin Reserves

No central bank can block Bitcoin transactions. No foreign government can freeze Bitcoin assets. No international organization can limit Bitcoin transfers. Supply is fixed at 21 million coins. These features make Bitcoin a unique option for national reserves, experts say..

techtelegraph

Why 2025 May Be The Right Time To Create National Bitcoin Reserves

“The dollar, although still dominant, has faced criticism due to its political weaponization and with an echoing call among BRICS nations for de-dollarisation, its global position is uncertain. Gold on the other hand lacks the liquidity and flexibility required in today’s fast-moving digital world,” said Roy Mayer, CEO at Vixichain.

Forbes

Collaborative infrastructure is the only way for DeFi-TradFi cooperation

TradFi understands the potential of blockchain technology and decentralized finance’s operational efficiency and ability to build innovative financial products and services. Likewise, crypto has come to realize that TradFi’s infrastructure, vast resources, and customer base hold the key to expanding its ecosystem..

cryptocompass

Collaborative infrastructure is the only way for DeFi-TradFi cooperation

TradFi understands the potential of blockchain technology and decentralized finance’s operational efficiency and ability to build innovative financial products and services. Likewise, crypto has come to realize that TradFi’s infrastructure, vast resources, and customer base hold the key to expanding its ecosystem..

Techtelegraph

Collaborative infrastructure is the only way for DeFi-TradFi cooperation

TradFi understands the potential of blockchain technology and decentralized finance’s operational efficiency and ability to build innovative financial products and services. Likewise, crypto has come to realize that TradFi’s infrastructure, vast resources, and customer base hold the key to expanding its ecosystem..

bitcoinethereumnews

Collaborative infrastructure is the only way for DeFi-TradFi cooperation

TradFi understands the potential of blockchain technology and decentralized finance’s operational efficiency and ability to build innovative financial products and services. Likewise, crypto has come to realize that TradFi’s infrastructure, vast resources, and customer base hold the key to expanding its ecosystem..

CoinMarketCap

Collaborative infrastructure is the only way for DeFi-TradFi cooperation

TradFi understands the potential of blockchain technology and decentralized finance’s operational efficiency and ability to build innovative financial products and services. Likewise, crypto has come to realize that TradFi’s infrastructure, vast resources, and customer base hold the key to expanding its ecosystem..

crypto.news

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..

gate.io

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..

newsbtc

Vixichain’s ‘Blockchain for Banks’ Raises $7M Funding

Banks and other financial institutions worldwide are interested in blockchain networks. Despite this, they face significant barriers to actually using this technology. Privacy and regulatory constraints make banks reluctant to use public blockchains…

newsbreak

Vixichain’s ‘Blockchain for Banks’ Raises $7M Funding

Banks and other financial institutions worldwide are interested in blockchain networks. Despite this, they face significant barriers to actually using this technology. Privacy and regulatory constraints make banks reluctant to use public blockchains…

bitget

Vixichain’s ‘Blockchain for Banks’ Raises $7M Funding

Banks and other financial institutions worldwide are interested in blockchain networks. Despite this, they face significant barriers to actually using this technology. Privacy and regulatory constraints make banks reluctant to use public blockchains…

dailycoin

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.

headtopics

Total of 25 public financing events in the cryptocurrency market, with a cumulative financing of approximately 182.5 million USD

According to incomplete statistics from RootData, during the period from October 28 to November 3, 2024, there were a total of 25 public financing events in the blockchain and cryptocurrency industry, with a total financing amount of approximately $182.5 million.

chaincatcher

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

Vixichain (VIXC), a programmable layer 1 for Traditional Finance (TradFi) onboarding hits a new milestone on its private sale round with $7 million raised. The blockchain unveils the prospects of devnet and mainnet launches as well as unique stablecoin releases.

u.today

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

Coinspectator

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

Tradingview

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

Tradingview

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

CoinMarketCap

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

Binance

VC Roundup: Web3 funding hits $5.4B in 2024

Blockchain-based startups raised $1.4 billion in the third quarter, bringing investments year-to-date to over $5.4 billion…

Cointelegraph

How Vixichain Offers Financial Institutions a Secure Channel Into Cryptocurrencies

The emergence of cryptocurrencies and blockchain technology immediately symbolized a challenge to the centuries-old dominance of the traditional banking sector. In fact, it’s hard to even think about finance without banks or Wall Street because they have positioned themselves as an irreplaceable and trusted intermediary in the increasingly complex economic system.

Investing.com

Lithuanian blockchain startup lands $7 million to transform TradFi engagement

Vixichain, a blockchain startup located in Vilnius, Lithuania, has secured $7 million in funding to help address the reluctance of Traditional Finance (TradFi) institutions to engage with public blockchains.

arcticstartup

Vixichain Raises $7M in Funding

Vixichain, a Vilnius, Lithuania-based Layer-1 blockchain solving Traditional Finance (TradFi) reluctance to interact with public blockchains, raised $7M in funding..
Full Description (Inner Page): No. Link to the URL directly.

deal.town

Vixichain Raises $7M in Funding

Vixichain, a Vilnius, Lithuania-based Layer-1 blockchain solving Traditional Finance (TradFi) reluctance to interact with public blockchains, raised $7M in funding.
The company intends to use the funds to expand R&D, forge strategic partnerships with financial institutions, and realize its business roadmap ahead of its upcoming DevNet and mainnet launches.

finsmes

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.

Investing.com

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..

bitperfect

Finding blockchain harmony to encourage TradFi participation

Traditional finance has taken a U-turn from the industry’s initial dismissive reaction to Bitcoin (BTC) and blockchain technology altogether. Earlier this year, we witnessed the SEC approve spot Ether and spot Bitcoin ETFs, including from leading asset manager BlackRock..

bitcoinethereumnews

Finding blockchain harmony to encourage TradFi participation

Traditional finance has taken a U-turn from the industry’s initial dismissive reaction to Bitcoin (BTC)  and blockchain technology altogether. Earlier this year, we witnessed the SEC approve spot Ether and spot Bitcoin ETFs, including from leading asset manager BlackRock..

crypto.news

Finding blockchain harmony to encourage TradFi participation

Traditional finance has taken a U-turn from the industry’s initial dismissive reaction to Bitcoin (BTC) and blockchain technology altogether. Earlier this year, we witnessed the SEC approve spot Ether and spot Bitcoin ETFs, including from leading asset manager BlackRock..

Techtelegraph