Latest news with #DeFAI
Malaysian Reserve
30-04-2025
- Business
- Malaysian Reserve
ZIGChain Summit 2025 Reveals Shariah RWA Platform, $25M AI Fund, and June Mainnet Launch
DUBAI, UAE, April 30, 2025 /PRNewswire/ — The inaugural ZIGChain Summit 2025 brought together visionaries from all spheres of the TradFi, Web2, and Web3 world to unveil a bold new chapter in their mission to decentralized wealth generation. Held in Dubai, the event delivered three breakthrough announcements: the launch of Zamanat, a Shariah-compliant Real-World Asset (RWA) tokenization platform built on ZIGChain; a $25M Innovation Fund to support AI-powered finance tools; and the official mainnet go-live date set for June 25. From tokenized real estate and compliant DeFi to intelligent investing, ZIGChain made one thing clear — it's not just building infrastructure, it's architecting the future of inclusive, next-gen finance. Introducing Zamanat: The World's First Shariah-Compliant RWA Tokenization Platform on ZIGChain Perhaps, the summit's most consequential announcement was the unveiling of Zamanat, a Shariah-compliant platform designed to tokenize real-world assets (RWAs) by – a leading venture builder and investment firm in MENA. By building Zamanat on ZigChain, aims to democratize investments and access to wealth creation by adhering to values of ethical investing and transparency in order to power financial inclusion. Facilitating access to tokenized real-world assets, Zamanat empowers wealth managers and investors within the ZIGChain ecosystem to participate in previously inaccessible investment opportunities such as real estate, Sukuks, private credit, invoice factoring, commodities, and other tangible assets. Zamanat's introduction is timely, aligning with the UAE Government's strategic vision to become a global hub for digital assets and Islamic finance. The UAE has been proactive in integrating blockchain technology into its financial and governance infrastructure, evident from initiatives like the Dubai Land Department's sandbox for tokenized real estate transactions. Empowering Builders: $25mn DeFAI Fund As the Summit unfolded, another major highlight was the launch of the $25mn DeFAI fund by ZIGLabs, & DWF Labs. The initiative aims to develop innovative solutions that integrate artificial intelligence with blockchain technology, with a focus on advancing financial services, decentralized asset management, and digital wealth strategies. This fund comes on top of the $100mn ecosystem fund that was announced in April 2024 by ZIGLabs & the roll out of various builder support programs (labelled 'Kickstart') also emanating from the ZIGChain Summit, With this kind of support available, it is no wonder that ZIGChain, despite being in test-net, was able to put up a huge ecosystem showcase spanning so many builders. With a go-live date now clear, these support and incentive mechanisms are set to supercharge building in the ecosystem in the months to come. The countdown to ZIGChain's mainnet begins With a mainnet launch date set for 25th June 2025, ZIGChain seems to have positioned itself as a blockchain ready for retail onboarding. The Summit highlighted this operational readiness with more than 10 teams already building dApps and protocols natively on ZIGChain flanked by more than a dozen partners looking to integrate. Notable amongst them are Oroswap, an AI powered conversational DEX, Permapod, a lending protocol that accepts RWAs as collateral, and Nawa Finance, a sharia compliant DeFi aggregator that has recently onboarded Amanie as Sharia Advisors. While the decentralized applications (dApps) represent new technological developments, the community supporting them remains well-established. Zignaly, with its 1mn + users is expected to be the flagship wealth management protocol on the blockchain and be a source of early liquidity. This is what is makes the ecosystem attractive even from an institutional perspective with the likes of (one of the largest venture builders in the MENA region), DWF Labs (the leading venture fund in the Web3 Space) and PureVPN (leading cybersecurity company in the world) who have come to the fore with proposed investments in the validator set and the ecosystem as a whole. Notably, the ZIGChain Summit had a strong TradFi attendance with some of the leading figures of the UAE & Global financial landscape in attendance. With the recent announcement of UAE based Real Estate developer Ellington Properties exploring real estate tokenization with ZigChain, institutional interest is clearly evident from the outset. All Roads Lead To The Wealth Management Engine While these announcements and initiatives are exciting, the real differentiator is what ZIGChain is doing at a technology level with its wealth management engine – a modular investment management tech stack that shall enable anyone to launch a wealth creation protocol on ZIGChain and manage funds for other investors using CeFI, DeFi, or RWA opportunities. The technology is designed to streamline the investment process by minimizing complexity, including time, skill, and knowledge barriers, thereby facilitating financial intermediation and broader global access via blockchain infrastructure. This has been the vision of the core founding team behind ZIGChain since 2018 – when they started Zignaly, that is, how do users onramp a global majority that is disadvantaged from an income, knowledge or domicile perspective when it comes to wealth generation opportunities. That effort has led to a 1mn + strong community on Zignaly – the target for ZIGChain, the founders say, is everyone. About ZigChain ZIGChain is a Layer 1 blockchain built for wealth generation, powered by Zignaly's established social investment infrastructure, to create scalable, compliant, and efficient solutions for digital asset management. Founded in 2018, Zignaly has served over 500,000 users and is now extending its investment-focused capabilities to Web3 through ZIGChain. Contact:Media Teamsupport@ Logo:
Associated Press
30-04-2025
- Business
- Associated Press
ZIGChain Summit 2025 Reveals Shariah RWA Platform, $25M AI Fund, and June Mainnet Launch
DUBAI, UAE, April 30, 2025 /PRNewswire/ -- The inaugural ZIGChain Summit 2025 brought together visionaries from all spheres of the TradFi, Web2, and Web3 world to unveil a bold new chapter in their mission to decentralized wealth generation. Held in Dubai, the event delivered three breakthrough announcements: the launch of Zamanat, a Shariah-compliant Real-World Asset (RWA) tokenization platform built on ZIGChain; a $25M Innovation Fund to support AI-powered finance tools; and the official mainnet go-live date set for June 25. From tokenized real estate and compliant DeFi to intelligent investing, ZIGChain made one thing clear — it's not just building infrastructure, it's architecting the future of inclusive, next-gen finance. Introducing Zamanat: The World's First Shariah-Compliant RWA Tokenization Platform on ZIGChain Perhaps, the summit's most consequential announcement was the unveiling of Zamanat, a Shariah-compliant platform designed to tokenize real-world assets (RWAs) by – a leading venture builder and investment firm in MENA. By building Zamanat on ZigChain, aims to democratize investments and access to wealth creation by adhering to values of ethical investing and transparency in order to power financial inclusion. Facilitating access to tokenized real-world assets, Zamanat empowers wealth managers and investors within the ZIGChain ecosystem to participate in previously inaccessible investment opportunities such as real estate, Sukuks, private credit, invoice factoring, commodities, and other tangible assets. Zamanat's introduction is timely, aligning with the UAE Government's strategic vision to become a global hub for digital assets and Islamic finance. The UAE has been proactive in integrating blockchain technology into its financial and governance infrastructure, evident from initiatives like the Dubai Land Department's sandbox for tokenized real estate transactions. Empowering Builders: $25mn DeFAI Fund As the Summit unfolded, another major highlight was the launch of the $25mn DeFAI fund by ZIGLabs, & DWF Labs. The initiative aims to develop innovative solutions that integrate artificial intelligence with blockchain technology, with a focus on advancing financial services, decentralized asset management, and digital wealth strategies. This fund comes on top of the $100mn ecosystem fund that was announced in April 2024 by ZIGLabs & the roll out of various builder support programs (labelled 'Kickstart') also emanating from the ZIGChain Summit, With this kind of support available, it is no wonder that ZIGChain, despite being in test-net, was able to put up a huge ecosystem showcase spanning so many builders. With a go-live date now clear, these support and incentive mechanisms are set to supercharge building in the ecosystem in the months to come. The countdown to ZIGChain's mainnet begins With a mainnet launch date set for 25th June 2025, ZIGChain seems to have positioned itself as a blockchain ready for retail onboarding. The Summit highlighted this operational readiness with more than 10 teams already building dApps and protocols natively on ZIGChain flanked by more than a dozen partners looking to integrate. Notable amongst them are Oroswap, an AI powered conversational DEX, Permapod, a lending protocol that accepts RWAs as collateral, and Nawa Finance, a sharia compliant DeFi aggregator that has recently onboarded Amanie as Sharia Advisors. While the decentralized applications (dApps) represent new technological developments, the community supporting them remains well-established. Zignaly, with its 1mn + users is expected to be the flagship wealth management protocol on the blockchain and be a source of early liquidity. This is what is makes the ecosystem attractive even from an institutional perspective with the likes of (one of the largest venture builders in the MENA region), DWF Labs (the leading venture fund in the Web3 Space) and PureVPN (leading cybersecurity company in the world) who have come to the fore with proposed investments in the validator set and the ecosystem as a whole. Notably, the ZIGChain Summit had a strong TradFi attendance with some of the leading figures of the UAE & Global financial landscape in attendance. With the recent announcement of UAE based Real Estate developer Ellington Properties exploring real estate tokenization with ZigChain, institutional interest is clearly evident from the outset. All Roads Lead To The Wealth Management Engine While these announcements and initiatives are exciting, the real differentiator is what ZIGChain is doing at a technology level with its wealth management engine - a modular investment management tech stack that shall enable anyone to launch a wealth creation protocol on ZIGChain and manage funds for other investors using CeFI, DeFi, or RWA opportunities. The technology is designed to streamline the investment process by minimizing complexity, including time, skill, and knowledge barriers, thereby facilitating financial intermediation and broader global access via blockchain infrastructure. This has been the vision of the core founding team behind ZIGChain since 2018 - when they started Zignaly, that is, how do users onramp a global majority that is disadvantaged from an income, knowledge or domicile perspective when it comes to wealth generation opportunities. That effort has led to a 1mn + strong community on Zignaly - the target for ZIGChain, the founders say, is everyone. About ZigChain ZIGChain is a Layer 1 blockchain built for wealth generation, powered by Zignaly's established social investment infrastructure, to create scalable, compliant, and efficient solutions for digital asset management. Founded in 2018, Zignaly has served over 500,000 users and is now extending its investment-focused capabilities to Web3 through ZIGChain. Contact: Media Team [email protected] Logo: View original content to download multimedia: SOURCE ZIGChain
Yahoo
30-04-2025
- Business
- Yahoo
ZIGChain Summit 2025 Reveals Shariah RWA Platform, $25M AI Fund, and June Mainnet Launch
DUBAI, UAE, April 30, 2025 /PRNewswire/ -- The inaugural ZIGChain Summit 2025 brought together visionaries from all spheres of the TradFi, Web2, and Web3 world to unveil a bold new chapter in their mission to decentralized wealth generation. Held in Dubai, the event delivered three breakthrough announcements: the launch of Zamanat, a Shariah-compliant Real-World Asset (RWA) tokenization platform built on ZIGChain; a $25M Innovation Fund to support AI-powered finance tools; and the official mainnet go-live date set for June 25. From tokenized real estate and compliant DeFi to intelligent investing, ZIGChain made one thing clear — it's not just building infrastructure, it's architecting the future of inclusive, next-gen finance. Introducing Zamanat: The World's First Shariah-Compliant RWA Tokenization Platform on ZIGChain Perhaps, the summit's most consequential announcement was the unveiling of Zamanat, a Shariah-compliant platform designed to tokenize real-world assets (RWAs) by – a leading venture builder and investment firm in MENA. By building Zamanat on ZigChain, aims to democratize investments and access to wealth creation by adhering to values of ethical investing and transparency in order to power financial inclusion. Facilitating access to tokenized real-world assets, Zamanat empowers wealth managers and investors within the ZIGChain ecosystem to participate in previously inaccessible investment opportunities such as real estate, Sukuks, private credit, invoice factoring, commodities, and other tangible assets. Zamanat's introduction is timely, aligning with the UAE Government's strategic vision to become a global hub for digital assets and Islamic finance. The UAE has been proactive in integrating blockchain technology into its financial and governance infrastructure, evident from initiatives like the Dubai Land Department's sandbox for tokenized real estate transactions. Empowering Builders: $25mn DeFAI Fund As the Summit unfolded, another major highlight was the launch of the $25mn DeFAI fund by ZIGLabs, & DWF Labs. The initiative aims to develop innovative solutions that integrate artificial intelligence with blockchain technology, with a focus on advancing financial services, decentralized asset management, and digital wealth strategies. This fund comes on top of the $100mn ecosystem fund that was announced in April 2024 by ZIGLabs & the roll out of various builder support programs (labelled "Kickstart") also emanating from the ZIGChain Summit, With this kind of support available, it is no wonder that ZIGChain, despite being in test-net, was able to put up a huge ecosystem showcase spanning so many builders. With a go-live date now clear, these support and incentive mechanisms are set to supercharge building in the ecosystem in the months to come. The countdown to ZIGChain's mainnet begins With a mainnet launch date set for 25th June 2025, ZIGChain seems to have positioned itself as a blockchain ready for retail onboarding. The Summit highlighted this operational readiness with more than 10 teams already building dApps and protocols natively on ZIGChain flanked by more than a dozen partners looking to integrate. Notable amongst them are Oroswap, an AI powered conversational DEX, Permapod, a lending protocol that accepts RWAs as collateral, and Nawa Finance, a sharia compliant DeFi aggregator that has recently onboarded Amanie as Sharia Advisors. While the decentralized applications (dApps) represent new technological developments, the community supporting them remains well-established. Zignaly, with its 1mn + users is expected to be the flagship wealth management protocol on the blockchain and be a source of early liquidity. This is what is makes the ecosystem attractive even from an institutional perspective with the likes of (one of the largest venture builders in the MENA region), DWF Labs (the leading venture fund in the Web3 Space) and PureVPN (leading cybersecurity company in the world) who have come to the fore with proposed investments in the validator set and the ecosystem as a whole. Notably, the ZIGChain Summit had a strong TradFi attendance with some of the leading figures of the UAE & Global financial landscape in attendance. With the recent announcement of UAE based Real Estate developer Ellington Properties exploring real estate tokenization with ZigChain, institutional interest is clearly evident from the outset. All Roads Lead To The Wealth Management Engine While these announcements and initiatives are exciting, the real differentiator is what ZIGChain is doing at a technology level with its wealth management engine - a modular investment management tech stack that shall enable anyone to launch a wealth creation protocol on ZIGChain and manage funds for other investors using CeFI, DeFi, or RWA opportunities. The technology is designed to streamline the investment process by minimizing complexity, including time, skill, and knowledge barriers, thereby facilitating financial intermediation and broader global access via blockchain infrastructure. This has been the vision of the core founding team behind ZIGChain since 2018 - when they started Zignaly, that is, how do users onramp a global majority that is disadvantaged from an income, knowledge or domicile perspective when it comes to wealth generation opportunities. That effort has led to a 1mn + strong community on Zignaly - the target for ZIGChain, the founders say, is everyone. About ZigChain ZIGChain is a Layer 1 blockchain built for wealth generation, powered by Zignaly's established social investment infrastructure, to create scalable, compliant, and efficient solutions for digital asset management. Founded in 2018, Zignaly has served over 500,000 users and is now extending its investment-focused capabilities to Web3 through ZIGChain. Contact:Media Teamsupport@ Logo: View original content to download multimedia: SOURCE ZIGChain
Associated Press
22-04-2025
- Business
- Associated Press
The OFUYC DeFAI Era: From Personalized Services to Autonomous Economies
Colorado, April 22, 2025 -- Amid the ongoing evolution of the Web 3.0 ecosystem, the deep integration of artificial intelligence (AI) and blockchain technology is emerging as a key driver of industrial transformation. As a rising star among digital asset exchanges, OFUYC has announced the launch of its new DeFAI (Decentralized Financial Artificial Intelligence) system. This system integrates the OFUYC AI Core, LLM (Large Language Models), and deep neural network technologies into a smart trading infrastructure, enhancing the digital asset trading experience on OFUYC and exploring different paths for user trading behaviors. Core Capabilities of OFUYC DeFAI Multidimensional Personalized Smart Services: Leveraging LLM technology combined with deep learning, OFUYC DeFAI can analyze user behavior and market data within milliseconds. Through this precise, real-time analysis, users receive highly customized asset management advice and trading strategies tailored to their needs. Market Prediction: The deep neural network of OFUYC DeFAI continuously optimizes its predictive models by integrating vast datasets, including on-chain transactions, social media trends, and global indicators. Compared to static algorithms, it excels in nonlinear data analysis, offering forward-looking investment strategies. Whether it is financial planning, systematic investment, or order matching, the system seamlessly pushes trading recommendations aligned with user demands. Smart Compliance: The OFUYC DeFAI system plays an increasingly vital role in identifying suspicious activities and mitigating anti-money laundering (AML) risks. By combining the OFUYC AI Core backend with intelligent risk management tools, OFUYC DeFAI provides anomaly detection and real-time alert functions for platform-wide trading operations. This significantly enhances the platform risk defense capabilities and overall credibility. From Intelligence to Autonomy: The Evolution of Digital Asset Exchanges The launch of the DeFAI system marks only the beginning of the OFUYC transition from intelligence to autonomy. As an exchange, OFUYC will continue to explore autonomous economic frameworks based on DeFAI, including: Deep Optimization of Smart Contracts: OFUYC DeFAI leverages machine learning to automatically update and detect potential errors in smart contracts, ensuring smooth and secure user transactions. Intelligent Cross-Chain Collaboration: By utilizing the advanced graph optimization algorithms of DeFAI, OFUYC is building seamless mechanisms for asset interactions across different chains, offering users a unified cross-chain trading experience. Paving the Way for a Technology-Driven Future Jason Lok, the OFUYC Chief Technology Officer, stated: 'In the current rapid evolution of DeFAI, blockchain, and deep learning technologies, we see AI-driven Web 3.0 intelligence as the key to unlocking the doors of exchanges — or rather, the broader world of digital currencies. Our goal is not just to deliver an intelligent trading experience but to set a standard for the entire industry.' As technology continues to advance, the OFUYC technical team will collaborate with academic institutions and industry partners to embrace the new challenges of the Web 3.0 era, providing trading users with an intelligent digital currency trading experience. Contact Info: Name: Luca Moretti Email: Send Email Organization: OFUYC BLOCKCHAIN HOLDING INC Website: Disclaimer: This press release is for informational purposes only. Information verification has been done to the best of our ability. Still, due to the speculative nature of the blockchain (cryptocurrency, NFT, mining, etc.) sector as a whole, complete accuracy cannot always be guaranteed. You are advised to conduct your own research and exercise caution. Investments in these fields are inherently risky and should be approached with due diligence. Release ID: 89158225 In case of encountering any inaccuracies, problems, or queries arising from the content shared in this press release that necessitate action, or if you require assistance with a press release takedown, we urge you to notify us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our responsive team will be readily available to promptly address your concerns within 8 hours, resolving any identified issues diligently or guiding you through the necessary steps for removal. The provision of accurate and dependable information is our primary focus.
