Banxa is a global financial technology company specializing in payment processing. Its services provide interconnectivity between the traditional financial (TradFi) system and the digital asset economy. It currently processes more than $10 billion in payments annually for a wide range of clients including Visa, MasterCard, Kraken, and dozens more.
The company’s core service suite offers solutions for the facilitation of fiat-to-crypto and crypto-to-fiat conversions allowing businesses to accept and process cryptocurrency payments while enabling users to purchase digital assets. This allows for the seamless integration of cryptocurrency payments, trading, and compliance solutions enabling one-stop global expansion into more than 150 countries serviced and unlocking new revenue streams for businesses.
Banxa also provides robust compliance tools, including know your customer (KYC) and anti money-laundering (AML) solutions with more than 45 licenses. It also offers trading and wallet infrastructure through APIs and SDKs, enabling businesses to integrate cryptocurrency buying, selling, and holding functionalities directly into their own platforms via the Hedera blockchain.
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MetaStable is a decentralized finance (DeFi) platform that aims to provide a secure, private, and compliant environment for trading synthetic assets. The company is focused on leveraging advanced cryptographic techniques to solve some of the key challenges in the DeFi space, such as high slippage, impermanent loss, and regulatory uncertainty.
The core of MetaStable's service is its Automated Market Maker (AMM), which is designed to facilitate the trading of synthetic assets with minimal price impact. A key feature of the platform is its use of Zero-Knowledge Proofs (ZKPs), which allows for the verification of transactions without revealing the underlying data. This provides a high degree of privacy and confidentiality for users. The platform also includes a "DeFi Firewall," a proprietary technology that helps to ensure regulatory compliance by preventing illicit funds from entering the ecosystem.
MetaStable’s "chain-agnostic" design and support for EVM-compatible DLTs allows it be interoperable with various networks including the Hedera blockchain.
Turtle Moon is a Web3 software development and solutions company that functions as a core infrastructure builder for the Hedera ecosystem. It focuses on creating open-source tools, services, and standards that empower developers and accelerate the growth of decentralized applications on the Hedera network.
One of Turtle Moon's most significant contributions is the creation of the HCS-20 standard, a framework for issuing and managing fungible tokens using the Hedera Consensus Service (HCS). This standard provided an efficient, low-cost alternative to smart contracts for tokenization. They have also developed and open-sourced a suite of "Turtle Moon Tools" for NFT minting and management, making it easier for creators to launch projects on the network.
Beyond infrastructure, Turtle Moon is an active participant in the Hedera community, closely associated with leading the technical development for projects like HGraph Punks. By developing foundational protocols, open-sourcing their tools, and building applications, Turtle Moon plays a vital role in making the Hedera network more accessible, functional, and robust for developers and users alike.
Metacourt is a virtual metaverse platform created in an official partnership with Tennis Australia to extend the fan experience of the Australian Open (AO). It provides a 3D digital recreation of Melbourne Park, the tournament’s physical grounds, allowing a global audience to explore the venue, interact with other fans, and stream live or historic matches from within the metaverse.
The platform leverages the Hedera network to power its digital asset strategy including its central feature, the "AO Art Ball" NFT collection, which consists of thousands of unique NFTs linked to specific 19cm x 19cm plots of the real-world tennis courts. When a winning shot from an official match lands on a plot, the corresponding NFT is updated in real-time with match data, and its owner is rewarded with exclusive utility, such as match footage or merchandise.
Metacourt a novel, gamified experience secured on the Hedera blockchain network to provide fans with verifiable ownership of unique moments in tennis history.
Magic is a Wallet-as-a-Service (WaaS) platform that provides developers with tools to streamline user onboarding for decentralized applications, including those built on the Hedera network. The platform's core offering is an SDK that enables seamless authentication and the instant creation of non-custodial wallets for end-users, bypassing many of the traditional complexities of Web3.
For the Hedera ecosystem, Magic allows dApp developers to offer familiar Web2 login methods, such as email or social accounts, instead of requiring users to manage seed phrases or install separate browser-extension wallets. When a user logs into a Magic-enabled Hedera dApp, a secure, Hedera-compatible wallet is automatically generated for them in the background. This wallet is fully capable of interacting with the Hedera network, allowing the user to sign transactions, manage HBAR and HTS tokens, and engage with smart contracts.
The underlying technology uses a delegated key management system, where private keys are encrypted and stored in secure hardware modules, ensuring users retain full control and ownership of their assets without the burden of direct key management.