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Blockticity Moves Trade Records Tied to $7.7 Billion in Assets Onchain

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  • Blockticity is moving more than 1 million authenticated trade records tied to $7.7 billion in goods onto decentralized storage network Walrus.
  • The partnership will preserve cryptographic proofs of certificates, laboratory reports and other supply-chain evidence, allowing businesses and regulators to verify that records have not been altered.

Blockticity is extending more than 1 million authenticated trade records representing $7.7 billion of goods onto Walrus, as the companies target one of global commerce’s persistent problems: proving that supply-chain documents are genuine.

The records include Certificates of Analysis, Certificates of Conformance, Certificates of Origin, laboratory reports and transportation documents. Blockticity says its system converts such records into tamper-evident evidence that can be independently verified. The platform currently protects $7.7 billion in verified products.

The integration does not mean $7.7 billion of physical assets are being tokenized on Walrus. Instead, cryptographic proofs and supporting evidence connected to those goods are being preserved so companies, regulators and trading partners can check whether documents have been altered.

Blockticity said its first records are already live on Walrus. It is working toward mirroring more than 15 terabytes of authenticated records and supporting evidence across five commercial verticals.

Why Trade Documentation Matters

The partnership targets a trade system that remains heavily dependent on documents moving between exporters, importers, laboratories, logistics companies, banks and customs authorities.

World merchandise exports reached $26.3 trillion in 2025, according to UN Trade and Development. An estimated 4 billion paper documents circulate through global trade each day, according to the World Economic Forum.

That dependence creates problems when documents need to be checked years after they were created.

Blockticity’s approach is designed to create a cryptographic record showing that a document presented later matches the version originally authenticated. Walrus adds decentralized storage and data-integrity infrastructure designed to keep that evidence available across independent storage nodes.

Walrus launched its mainnet in March 2025 with more than 100 storage nodes. The network uses erasure coding to distribute data while providing availability and integrity guarantees.

“Markets don’t need another self-reporting system. They need trusted evidence,” Blockticity CEO Mike Coner said in a statement shared with AlexaBlockchain. “Walrus strengthens that foundation by helping preserve the integrity of those authenticated records across independent infrastructure without exposing sensitive commercial information.”

There is an important technical distinction around that privacy claim.

Walrus data is publicly accessible by default and the storage protocol itself does not provide confidentiality. Sensitive information therefore has to be encrypted before being stored. Mysten Labs’ Seal system, for example, provides encryption and onchain access controls that can be paired with Walrus.

Regulation Is Increasing the Need for Verifiable Data

Governments are demanding more detailed information about products and their supply chains.

The European Union’s Carbon Border Adjustment Mechanism entered its definitive phase on January 1, requiring covered importers to report embedded emissions and ultimately surrender certificates. The bloc is also preparing Digital Product Passports that will progressively carry information about products, including regulatory compliance and sustainability data.

Implementation of the EU Deforestation Regulation is also moving forward, with its information system designed to handle due-diligence statements and declarations.

Those regimes increase the value of records whose origins and integrity can be independently checked.

“A trade certificate has to convince a customs officer in another jurisdiction, a decade from now, with no one left to vouch for it,” said Kostas Chalkias, co-founder and chief cryptographer at Mysten Labs. “Walrus makes that a property of the data itself: proof anyone can check, with contents that only authorized parties can view.”

Blockchain Trade Platforms Have Had Mixed Results

Blockticity and Walrus are not alone in trying to remove paper from global commerce.

Global Shipping Business Network has used blockchain infrastructure for electronic bills of lading, with more than 550,000 eBLs processed by mid-2025 across more than 100 countries. Yet UN ESCAP estimated electronic bills represented only about 2% to 5% of bills of lading in 2025, showing how slowly industry-wide digitization has progressed.

An earlier attempt provides another warning. IBM and Maersk shut down their TradeLens blockchain trade platform after concluding that it had failed to achieve the industry collaboration needed for commercial viability.

Blockticity has taken a narrower approach centered on authentication rather than replacing the entire trade workflow. Earlier this year, it worked with XDC Network on a Philippine cacao-export pilot in which authenticated trade documents could be validated across networks and used in trade-finance applications.

The Blockticity-Walrus partnership is therefore a test of whether decentralized storage can find a practical role in regulated commerce: not by moving the physical asset onchain, but by making the evidence behind it harder to alter and easier to verify.

The above article “Blockticity Moves $7.7 Billion of Trade Records Onto Walrus in Compliance Push” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/blockticity-moves-trade-records-tied-to-7-7-billion-in-assets-onchain/

Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Gate AI, XYO Launch Head-to-Head Crypto Prediction Game

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  • Gate AI and XYO launched Crypto Cards, a head-to-head crypto prediction game where users compete against another player or an AI model.
  • Players predict whether three selected crypto assets will rise or fall over a defined period.
  • Gate AI provides the AI predictions and real-time market data used to settle each match.

Gate AI has partnered with XYO to launch Crypto Cards, a head-to-head crypto prediction game. It pits users against another player or an AI model on the direction of crypto prices.

The format is different from conventional prediction markets such as Polymarket. Rather than buying contracts whose prices reflect the crowd’s implied probability of an event, participants take opposing views on whether the same assets will rise or fall over a defined period.

Each day, XYO randomly selects three crypto assets from a pool listed on Gate. Gate AI also produces its own forecasts, while players have 24 hours to submit directional calls and assign the assets to multiplier slots before results are revealed the following day.

Gate’s MCP supplies the live price data used to settle outcomes.

XYO Layer One records player selections before the prediction window opens. The blockchain, launched in September 2025, was designed around data verification and is used to create a permanent record that can later be checked against the final result. XYO says its broader decentralized infrastructure has grown to more than 10 million nodes.

“XYO Crypto Cards gives everyone a simple and engaging way to participate in market prediction. By combining AI technology with XYO Layer One’s verification infrastructure, we are creating a new type of interactive digital asset experience,” XYO Co-Founder and CEO Arie Trouw said in a statement shared with AlexaBlockchain.

More From AlexaBlockchain

Gate Expands Its Prediction-Market Push

The launch extends Gate’s push into prediction products.

Gate became the first centralized crypto exchange to integrate Polymarket on March 24, allowing users to access event-based markets from its app. The integration lets users trade Yes-or-No outcomes on areas including finance, sports and crypto.

In July, Gate launched Event Contracts, a separate product that lets users speculate on whether assets such as Bitcoin and Ether will rise or fall over short periods without traditional leverage or margin. The contracts initially included 5-minute, 15-minute, 1-hour and 4-hour windows.

Gate surpassed 50 million users milestone in March.

The timing reflects a broader surge in demand for prediction-based products.

Kalshi, Polymarket and Polymarket US generated a combined $50.59 billion in trading volume during July, an all-time monthly high and a 7.8% increase from June, according to data reported by The Block.

The Gate AI, XYO New Crypto Prediction Game, however, is structurally different from those markets.

Polymarket and Kalshi use tradeable contracts whose prices change as participants buy and sell, producing a continuously updated market-implied probability. Crypto Cards instead turns forecasting into a direct competition, with performance determined by realized asset prices rather than the consensus price of a contract.

That is important for exchanges exploring prediction products.

The model removes the need to build deep liquidity around every individual question and may make forecasting easier to package as a short-form consumer game. But it also means Crypto Cards does not produce the same crowd-based probability signal that gives conventional prediction markets much of their informational value.

The blockchain component addresses another issue: auditability.

Recording participants’ choices before the prediction period begins makes it possible to verify that forecasts were not altered after prices moved. The reliability of the final result, however, still depends on the integrity and methodology of the market-data feed used for settlement.

“At Gate US, we believe AI will play an increasingly important role in shaping the future of digital assets—not simply through individual features, but by enabling more intelligent connections between users, information, and digital asset ecosystems,” Gate US Chief Operating Officer Laura Liu said.

XYO and Gate AI said they are exploring additional applications combining AI, market intelligence and blockchain infrastructure.

Still, the announcement does not disclose entry fees, prize mechanics, geographic eligibility or dispute procedures. Those details will be important in determining whether Crypto Cards operates primarily as a game, a forecasting contest or a financial prediction product.

This clarification is crucial as prediction markets face increased regulatory scrutiny. A US appeals court ruled on Aug. 28 that Kalshi could not prevent Nevada from exercising oversight over its sports-related prediction contracts. This highlighs the unresolved regulatory boundaries around the rapidly expanding sector.

The above article “Gate AI, XYO Launch Head-to-Head Crypto Prediction Game” was first published on AlexaBlockchain. Read the complete article here: https://alexablockchain.com/gate-ai-xyo-launch-head-to-head-crypto-prediction-game/

Read Also: This is the First U.S.-Chartered Depository Bank to Offer Stablecoin Invoicing

Disclaimer: The information provided on AlexaBlockchain is for informational purposes only and does not constitute financial advice. Read complete disclaimer here.

Japanese regulator requests tax filing exemption for trust-type stablecoins in 2027 reform

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Japan’s FSA requested to exempt trust-type stablecoins from mandatory tax filings starting in fiscal year 2027, arguing that it would improve their use as transaction tools.

Singapore Weighs Recognizing Foreign-Regulated Stablecoins under MAS Framework

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The Monetary Authority of Singapore (MAS) is reconsidering its earlier restriction on stablecoins issued across multiple jurisdictions, proposing a route for some jointly issued tokens to qualify under its regulatory framework.

MAS opened a public consultation on Tuesday, covering legislative amendments to implement its stablecoin framework and additional policy proposals reflecting developments since 2023.

Under one proposal, stablecoins jointly issued by a Singapore issuer and a foreign issuer could be regulated under the framework and labeled “MAS-regulated stablecoins,” provided that the associated risks are sufficiently mitigated.

MAS is also considering recognizing a limited number of foreign-issued stablecoins regulated under comparable overseas frameworks, citing their potential use in cross-border wholesale transactions.

The proposals revisit MAS’s 2023 position that qualifying stablecoins must be issued solely in Singapore. The regulator finalized a framework that year covering single-currency stablecoins issued in Singapore and pegged to the Singapore dollar or a G10 currency.

At the time, MAS cited difficulties establishing regulatory equivalence and cooperation with other jurisdictions. It also noted technical challenges in tracing where commingled stablecoins originated and determining whether overseas reserves would be sufficient to meet redemption requests.

MAS proposes additional issuer safeguards

The broader consultation seeks to implement the 2023 stablecoin framework through amendments to the Payment Services Act (PSA), the primary law governing payment services and operators in Singapore.

The proposed requirements cover reserve-backed value stability, capital, redemption at par and issuer disclosures. Only issuers licensed under the framework would be permitted to market themselves as MAS-regulated stablecoin issuers and label their tokens “MAS-regulated stablecoins.”

Related: Japanese regulator requests tax filing exemption for trust-type stablecoins in 2027 reform

MAS also proposed prohibiting issuers from paying interest on regulated stablecoins and requiring them to conduct stress tests and maintain recovery and orderly wind-down plans.

Additional consumer safeguards would require issuers to protect customer money received before the corresponding stablecoins are issued. Stablecoins outside the dedicated framework would continue to be treated as digital payment tokens under existing rules.

MAS is accepting public comments on the proposals until Oct. 16.

Magazine: How Hong Kong is turning tokenized bonds into real market infrastructure

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Ireland Excludes Crypto From New Investment Accounts

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All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

Bitcoin steady above $78,000, HYPE leads as majors slip on hawkish Fed bets

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Ether, solana, tron and dogecoin all shed ground over 24 hours while HYPE added about 4%, leaving bitcoin flat on the week after August’s 24% run.

Thailand Weighs Retail Access to Regulated Overseas Crypto Derivatives

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All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details on our standards and processes, please read our Editorial Policy.

North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform

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Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.

Kalshi lays down first lifetime ban for ex-member of Congress George Santos

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The prediction market platform banned Santos for manipulation as part of the industry’s ongoing efforts to show it’s dealing with bad behavior.

Bitmine Extends Ether Buying Streak to 65 Weeks

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Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized losses.

The latest purchase brought Bitmine’s holdings to more than 5.9 million ETH, valued at roughly $14.8 billion based on an Ether price of $2,511 as of Sunday. The company now owns 4.9% of Ethereum’s 120.7 million circulating supply, putting it within striking distance of its stated goal of owning 5%.

Bitmine’s chairman, Tom Lee, said Ether, Bitcoin (BTC) and Solana (SOL) have been the three best-performing major assets since June 30, with ETH leading the gains.

“We believe this sets the stage for institutions to add to their crypto holdings given the substantial outperformance of crypto versus other macro assets in 3Q so far,” Lee said.

Following the latest purchase, Bitmine is sitting on roughly $5.1 billion in unrealized losses on its Ether holdings, according to DropsTab data. The paper losses reflect sustained accumulation through the downturn, which began in the fourth quarter of last year and sent Ether and the broader crypto market sharply lower.

The company’s NYSE-traded BMNR shares were up 1.3% on Monday morning, at $24.09 apiece, poised to end the month with an almost-40% increase, according to Yahoo Finance data.

Related: Bitmine extends 14-month ETH buying pace as Ether breaks above $2.5K

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.