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Polygon Acquires Sequence to Power Enterprise-Grade Smart Wallet Infrastructure for Stablecoin Payments

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Nexo Partners with Bakkt for US Crypto Exchange and Yield Programs

TLDR:

  • Polygon Labs acquired Sequence to eliminate wallet fragmentation blocking institutional stablecoin payment adoption at scale. 
  • Sequence Smart Sessions sandbox app-level permissions, reducing signature prompts while preserving non-custodial wallet security controls. 
  • Timed recovery keys in Sequence prevent silent account takeovers, meeting enterprise security standards for production payment systems. 
  • Polygon’s low fees and fast finality make Sequence’s cross-chain smart wallet features viable for real-world payment infrastructure.

 

Polygon Labs has acquired Sequence, a non-custodial smart wallet provider built for ecosystems and apps. The move brings together enterprise-grade wallet infrastructure and high-efficiency blockchain rails.

Together, the two aim to remove long-standing blockers preventing institutions from launching production-ready stablecoin payment products.

The combination addresses key pain points around authentication, recovery, permissions, and compliance controls that have slowed adoption in real-world payment environments.

Wallet Fragmentation Has Long Blocked Production Payment Systems

Account fragmentation remains one of the most persistent problems for payments teams building on blockchain. Users often end up with multiple wallet addresses depending on which app they used to sign in, leading to stranded balances and inconsistent account states. This creates operational complexity that few enterprise teams can manage at scale.

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Traditional wallets were designed for asset custody, not operational money movement. A single private key controlling all permissions creates an all-or-nothing authority model.

Any move to delegate access or automate transactions increases risk without clear boundaries, making compliance reviews difficult.

Recovery presents an equally serious problem. Simple recovery paths open the door to silent takeovers. Stronger recovery processes introduce friction that leads to failed transactions and increased support costs. Neither option suits a production payment environment.

Polygon recently shared how this acquisition changes the equation for institutions: “With the recent acquisition of Sequence by Polygon Labs, there’s now a robust, enterprise-grade wallet offering, in conjunction with widely-adopted, highly-efficient blockchain rails.”

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Operations teams also struggle to reason about fund controls. Without a clear model for who can move money, under what conditions, and for how long, compliance teams cannot complete proper security reviews or respond effectively to incidents.

Sequence Brings Smart Sessions and Sandboxed Permissions to Polygon

Sequence addresses these problems through a set of features designed specifically for payment-grade environments.

Smart Sessions allow each app to operate within sandboxed, clearly defined permissions rather than broad approvals. Users set session limits upfront, reducing signature prompts without sacrificing control.

Timed recovery keys add another layer of security. They provide time-based recovery mechanisms that prevent silent account takeovers, a critical requirement for any financial application handling real funds.

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Hardware-isolated signing and verifiable attestations meet the expectations of enterprise security teams.

For developers, Sequence provides SDKs across Web, Mobile, Unity, and Unreal, with built-in flows for authentication, session management, and transaction handling.

Ecosystems can launch branded wallets on their own domains with admin controls for chains, branding, and session policies.

Polygon’s role in this setup is to provide fast finality and low, predictable transaction costs. That reliability makes features like Smart Sessions and cross-chain behavior viable at scale.

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Together, Sequence and Polygon aim to turn wallet infrastructure from a blocker into a production-ready foundation for stablecoin payment products.

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Apex Group to pilot Trump-affiliated WLFI stablecoin for tokenized funds

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Apex Group to pilot Trump-affiliated WLFI stablecoin for tokenized funds

PALM BEACH, Fla. — Apex Group, a global financial services provider overseeing more than $3.5 trillion in assets, has partnered with , the crypto company affiliated with U.S. President Donald Trump, to pilot the use of a stablecoin in traditional fund operations, the companies announced at the World Liberty Forum at Mar-a-Lago on Wednesday.

The collaboration centers on WLFI’s USD1 stablecoin, which Apex will test as a payment rail for subscriptions, redemptions and distributions across its tokenized fund ecosystem, it said in a press release. Apex, which provides administrative and operational services to a broad client base that includes hedge funds, pension funds, banks and family offices, said the goal is to improve settlement speed and reduce operational overhead for institutional clients.

Zach Witkoff, the co-founder and CEO of World Liberty, called USD1 infrastructure for a future financial services ecosystem during opening remarks at the forum. 

The firm has been increasingly active in the digital asset space, using blockchain to tokenize portions of the funds it services. Tokenizing funds, or issuing shares on blockchain rails, can help firms streamline reporting, lower fees and reach a wider investor base.

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In May, Apex deepened its blockchain focus by acquiring Tokeny, a Luxembourg-based firm known for building infrastructure to issue and manage real-world assets (RWAs) on-chain. It also acquired London-based Globacap, an investing platform with a U.S.-registered broker-dealer, expanding Apex’s ability to tokenize regulated securities in the U.S., where interest in blockchain-based RWAs is growing among asset managers.

Apex CEO Peter Hughes said in a statement that clients “increasingly want blockchain-based solutions that deliver tangible benefits and cost savings,” in a statement.

As part of the WLFI collaboration, Apex will also explore making WLFI tokenized assets — such as real estate and infrastructure — available on the London Stock Exchange Group’s (LSEG) Digital Market Infrastructure platform, subject to regulatory approval. WLFI said it plans to launch a mobile app that connects traditional bank accounts with digital asset wallets and enables users to access these tokenized holdings.

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Riyadh Becomes the Hub of Decentralized Innovation

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Riyadh Becomes the Hub of Decentralized Innovation

Editor’s note: The Global Blockchain Show 2026 in Riyadh signals a maturation of the blockchain ecosystem as regional tech hubs elevate governance, finance, and collaboration. This editorial introduces the event coverage, emphasizing how policymakers, business leaders, and developers are aligning to explore practical use cases, open networks, and scalable infrastructure. As the organizers showcase a global lineup and deep dives into digital finance, governance, and Web3 tooling, readers will find a concise briefing that precedes the official press release. Our aim is to provide context for why Riyadh’s edition matters for the broader decentralized tech landscape.

Key points

  • Global Blockchain Show Riyadh 2026 expects about 10,000 attendees, 250+ speakers, 200+ exhibitors, and 300+ media representatives.
  • Expert-led sessions cover trends in blockchain adoption, tokenomics, and business applications with hands-on learning.
  • Panels with regulators, legal experts, and industry leaders will provide guidance on navigating markets.
  • Riyadh edition runs June 29–30, 2026, organized by VAP Group and powered by Times of Blockchain.
  • Event aims to showcase open metaverse, governance, security, and real-world impact of decentralized tech.

Why this matters

Riyadh’s hosting of Global Blockchain Show 2026 demonstrates a growing global emphasis on blockchain as a driver of digital economy and governance. The event’s scale and high-profile speaker lineup highlight increasing regulatory dialogue, enterprise adoption, and regional collaboration. By examining real-world use cases, security, and interoperability, the conference supports informed decision-making for investors, startups, and policymakers shaping the future of decentralized technologies.

What to watch next

  • Final speaker lineup and program highlights announced.
  • Partner and sponsor confirmations for Riyadh edition.
  • Regulatory sessions or policy guidance revealed.
  • Post-event insights and industry impact assessments.

Disclosure: The content below is a press release provided by the company/PR representative. It is published for informational purposes.

Global Blockchain Show 2026: Riyadh Becomes the Hub of Decentralized Innovation

The Global Blockchain Show 2026 in Riyadh is becoming an unmatched platform for thought leaders, innovators, and blockchain enthusiasts. After a successful feat at Abu Dhabi, the next edition, organized by VAP Group and powered by Times of Blockchain, is scheduled for 29 – 30 June 2026, in Riyadh. It will focus on the capability of blockchain technology, and will cover a broad spectrum of subjects from digital finance to decentralized governance.

Global Blockchain Show (GBS) will witness over 10,000 attendees, along with 250+ speakers, 200+ exhibitors, and 300+ media representatives.

Attendees will gain access to a comprehensive suite of expert-led sessions discussing trends in blockchain adoption, tokenomics, and business applications. The event will offer hands-on learning experiences, which allows participants to experiment with the latest blockchain solutions. This will help them in making a practical impact on businesses and communities.

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GBS Riyadh edition too will see panels featuring regulators, legal experts, and industry leaders who will provide guidance on navigating complicated markets.

The event has previously welcomed an impressive lineup of renowned global leaders and leading innovators in the fields of blockchain and technology. H.E. Justin Sun, Founder, Global Advisor, and Prime Minister of TRON, HTX, and Liberland, and Yat Siu, Co-Founder and Chairman of Animoca Brands, have shared their insights. Ahmed Bin Sulayem, Executive Chairman and CEO of the Dubai Multi Commodities Centre (DMCC), and John Lilic, CEO of Hilbert Group, have also contributed. The event featured Dr. Marwan Alzarouni, CEO of Dubai Blockchain Center and CEO AI for Dubai Economy & Tourism, and Jason Allegrante, Chief Legal & Compliance Officer at Fireblocks. Rachel Conlan, CMO of Binance, Sunny Lu, CEO of VeChain, Abdulla Al Dhaheri, CEO of Abu Dhabi Blockchain Center, and investor Murad Mahmudov have also been part of this impressive event.

By bringing together stakeholders from different walks of the blockchain industry, the Global Blockchain Show reinforces Riyadh’s role as a main hub for tech and innovation.

The Global Blockchain Show Riyadh 2026 convenes visionaries, innovators, and industry leaders to discuss the disruptive potential of blockchain, Web3, and decentralized technologies. In two days, the conference dives deep into the actual-world impact of blockchain, next-gen trading, and the development of the Web3 ecosystem in Saudi Arabia. Participants will be treated to sessions on the open metaverse, superintelligence and creativity, and security and scalability through cloud infrastructure. Among the highlights are provocative exchanges on the future of Ethereum, how blockchain impacts global governance, and how to balance security with sustainability. Keynotes and fireside interviews will feature NFTs and the creator economy, quantum computing advancements, tokenization of real-world assets, and Web3 wallets of the future.

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Attendees will depart motivated, armed with practical knowledge, and prepared to define the next generation of digital innovation. Not only a conference, the Global Blockchain Show is a worldwide gathering of ideas, collaboration, and expansion that propels the future of decentralized technology and economic empowerment.

Media enquiries :

Press contact : Media@globalblockchainshow.com

Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Hyperliquid Taps Lawyer Jake Chervinsky to Lead Policy Shop

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Law, Congress, Policy

Crypto platform Hyperliquid has launched a new advocacy organization aimed at pushing through policy changes involving decentralized finance in Congress. 

The Hyperliquid Policy Center said on Wednesday that it had launched in Washington, DC, and named Jake Chervinsky as founder and CEO, a veteran crypto lawyer who was the legal head at crypto venture fund Variant and former policy chief at crypto lobbyist Blockchain Association.

The organization said it will look to advance “a clear, regulated path for decentralized finance to thrive in the United States” and will push policy “with a specialty in perpetual derivatives and blockchain-based financial infrastructure.”

Hyperliquid is a layer-1 blockchain and perpetual futures exchange that has recently exploded in popularity as traders turned to commodities trading amid a broad market downturn, and the platform has looked to expand into prediction markets.

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The Hyper Foundation, an independent body that backs Hyperliquid, will contribute 1 million Hyperliquid (HYPE) tokens to fund the policy center’s launch.

“Critical time” for policy, says Hyperliquid CEO

Chervinsky said more traditional finance companies are launching blockchain-based products or services because the technology offers “efficiency, transparency, and resilience that legacy systems cannot match.”

“This technology is poised to become the base layer of the global financial system,” he added. “Now the United States must choose: we can either adopt new rules that allow this innovation to thrive here at home, or we can wait and watch as other nations seize the opportunity.”

Law, Congress, Policy
Source: Jake Chervinsky 

Hyperliquid co-founder and CEO Jeff Yan said on X that it was a “critical time in policy discussions” in the US and that the platform had “lacked a unified voice in important policy discussions until now.”

Related: Coin Center urges Senate not to axe crypto developer protection bill

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“There is a tangible and urgent possibility of upgrading the tech stack of the existing financial system,” he said. “Global financial regulation will be shaped in the United States, and we must work to ensure that these new policies thoughtfully embrace the potential of the new financial system.”