BlackDuckRWA has launched its BD token on the Solana network, aiming to bridge traditional finance with Web3 according to the press release.
The token debuted on January 24, attracting 2,000 wallet holders within five minutes and reaching a £3 million market cap in days.
The company, founded in 2019, integrates Forex trading with decentralized finance, offering investors access to structured financial products and rewards from high-frequency trading activity. The BD token allows holders to earn Forex rebates and staking rewards, with the staking platform set to go live in the third month of a six-month roadmap. BlackDuckRWA’s executive team includes former Goldman Sachs and JP Morgan professionals, bringing institutional expertise to the project. In 2024, the firm reported an average 36% monthly return in altcoin trading.
The announcement emphasized the company’s commitment to regulatory compliance as it prepares for major exchange listings to expand its global footprint. The BD token’s value is directly linked to Forex trading volume, ensuring a sustainable incentive for long-term ownership. Additionally, the platform plans to engage its community through exclusive initiatives, including NFT drops for early adopters and active participants.
BlackDuckRWA aims to provide innovative financial solutions, ensuring broader participation in digital asset markets. The firm sees increasing blockchain adoption as an opportunity to enhance accessibility and efficiency in global finance.
In another development, Alchemy Pay has integrated the Movement Network’s native token, MOVE, into its fiat on-ramp solution, enabling users to purchase MOVE via Visa, MasterCard, mobile wallets, and bank transfers. The partnership expands MOVE’s accessibility while reinforcing Alchemy Pay’s role in bridging fiat and crypto transactions. Operating in over 173 countries, Alchemy Pay ensures regulatory compliance in key markets, including the UK, US, and Canada. Additionally, its integration with CoinEx enhances the exchange’s capabilities, allowing users to buy and sell cryptocurrencies using local fiat methods.
If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, Instagram, and CoinMarketCap Community.
“Take control of your crypto portfolio with MARKETS PRO, DeFi Planet’s suite of analytics tools.”
