Connect with us

Blockchain

SAFLE identity wallet unveils roadmap and raises funds at  a $77M valuation

Published

1 year ago

on

Identity wallet project SAFLE has undergone a major overhaul under the leadership of Apoorv Shankar and noted blockchain expert Shikha Mehra. With a valuation of $77 million, the Web3 startup is planning new AI and cross-chain features and gearing up for $SAFLE listings on leading exchanges in July 2024. 

The exit of the previous management under Abhimanyu Kashyap has paved the way for a new leadership, bringing with it a restructured cap table and a vision for an exciting chapter in SAFLE’s journey.

SAFLE is back in action and going from strength to strength in 2024

SAFLE, a self-sovereign identity protocol and non-custodial wallet, first gained prominence in 2021 when it raised at an average valuation of $35 Million USD from leading VC funds like Draper Dragon, Woodstock, GSR, CryptoOasis, and Mapleblock, as well as angel investors like Polygon’s founder Sandeep Nailwal, former EU Parliament member Tony G and many more. The protocol’s multichain identity wallet and SafleID allow users to manage assets on 10+ blockchains through a single human-readable username.

In 2024, SAFLE successfully secured additional private funding from investors based in the Republic of Ireland through equity and token sales, achieving a combined valuation of $77 million USD. This financial backing will accelerate SAFLE’s expansion plans, including multiple listings on centralised exchanges. SAFLE’s journey has been marked by resilience in the face of challenges that could have derailed even the most ambitious projects. The fact that the company is now thriving and its market valuation is constantly growing is a testament to SAFLE’s ability to adapt to the constantly changing Web3 environment.

Apoorv Shankar, who now leads Technology and Product Vision at SAFLE, has been building cutting-edge products across IoT, AI, and Blockchain since 2013, demonstrating exceptional expertise in the convergence of technology and finance. Shankar has been joined by Shikha Mehra, head of a well-known Web3 consulting firm, who now presides over the Strategy and Governance arm at SAFLE. 

Shikha Mehra’s expertise has been sought by entities as varied as the OECD, the UK Government (F&CO), ECB, and Indian Chamber of Commerce (ICC). She  assisted the  European Economic & Social Committee in drafting MiCA, as well as helped St Lucia in the Caribbean to plan new crypto-friendly legislation.

SAFLE product roadmap is set to transform Web3 experience

In the past few months, SAFLE has expanded its in-house development team with top-tier specialists in blockchain technology, AI, and cross-chain integrations. They will work on delivering new cutting-edge features, including:

  • AI: Artificial Intelligence will be used to enable account abstraction, transaction execution, and data analysis;
  • SSI (onchain identity);
  • Seamless pseudonymous onboarding;
  • New chain integrations, with a focus on Bitcoin’s emerging L2 ecosystem;
  • Enhanced DeFi support, including a web portfolio viewer, unified portal for connecting to dApps, as well as in-wallet access;
  • Cross-chain features, including swaps, bridging and transactions;
  • UX improvements, such as advanced recovery options and a Wallet Connect integration;
  • Intent-based architecture: a new approach to Web3 transactions, where the SAFLE app automatically determines the best execution path to fulfil the user’s intent, rather than prompting the user to specify all the parameters. 

A Vision for the Future

The new Strategy & Governance Head Shikha Mehra says, “I admire the team of SAFLE for their resilience in the times of crisis. Even in the depth of the bear market, they have maintained a clear vision of what they wanted to bring to Web3: the best self-sovereign cross-chain identity solution out there. ‘Keep building’ may be a common blockchain trope, but it fully applies to SAFLE – and I am really proud and excited to be leading the team on the next stage of this journey.”

The next major step in the new roadmap is the listing of $SAFLE on leading centralized exchanges, scheduled for July. These will be accompanied by a host of new partnerships. 

Stay up-to-date with listing announcements and $SAFLE development news via X (Twitter), as well as the official website.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Blockchain

Trivolve Tech and Quixy Launch Forensic Management System (FMS) on Cardano Mainnet

Published

1 week ago

on

October 18, 2025

By

Trivolve Tech, a blockchain and AI product studio, in collaboration with Quixy, a leading no-code/low-code enterprise platform, has officially launched its Forensic Management System (FMS) on the Cardano Mainnet. This marks a historic milestone in digital governance as the partnership brings blockchain-backed transparency, scalability, and security to forensic evidence management for state governments in India.

Transforming Forensic Evidence Management

The newly launched FMS is already operational and has successfully processed 1,000+ transactions within the first 3 days of going live. Designed to address longstanding issues in forensic evidence handling, the system leverages Cardano blockchain technology to ensure that every piece of forensic evidence is immutably recorded, tamper-proof, and fully auditable.

With Uttar Pradesh as the pilot state and handling over one million forensic cases annually, the system aims to strengthen forensic processes and enhance the credibility of evidence in court proceedings.

Trivolve Tech CEO Rahul Konudula remarked:
“FMS is expected to process at least 10,000+ transactions within its first month on the Cardano Mainnet, highlighting both the scale and efficiency of the solution. With growing adoption, this platform may soon become the de facto national standard for secure forensic evidence handling, redefining trust in law enforcement and judiciary processes.”

About Quixy

Quixy is India’s leading no-code/low-code platform, empowering enterprises to automate workflows and build applications without coding. With over 200,000 users and 26,000 apps deployed, Quixy has become a key player in digital transformation across industries, including defence and law enforcement.

About Trivolve Tech

Trivolve Tech is a product development studio specializing in Blockchain and AI solutions. With a focus on government and enterprise innovation, Trivolve helps organizations adopt blockchain for security, transparency, and growth, while pioneering real-world asset tokenization.

🔗 Learn more:
Quixy | Trivolve Tech

Continue Reading

Blockchain

$nftXc Announces Fair Launch on PinkSale — A New Era of Transparency and Utility in Web3

Published

2 weeks ago

on

October 16, 2025

By

The $nftXc ecosystem—powered by NFT-TradingCards.biz and DigitalCollectables.biz—introduces a community-driven token model built on fairness, real-world utility, and decentralized governance.

NFT Trading Cards, LLC today announced the upcoming $nftXc Fair Launch, set for November 11 – 14, 2025 on PinkSale, one of the industry’s most trusted decentralized launchpads. The $nftXc token introduces a transparent, community-first model that prioritizes fairness, accessibility, and real blockchain utility across an expanding digital ecosystem.

Built to power platforms such as NFT-TradingCards.biz (a marketplace for athletes, musicians, and influencers) and DigitalCollectables.biz (an education and media hub for Web3), $nftXc will function as both a utility and governance token—rewarding holders, enabling marketplace payments, and giving the community a voice in the project’s future.

“Fair launches represent what crypto was meant to be—open access for everyone,” said Steve Steinberger, Founder and CEO of NFT Trading Cards. “With $nftXc, we’re proving that innovation and integrity can coexist in the same ecosystem.”

The Fair Launch will open globally to investors using ETH, with no presale, no private allocations, and no insiders—just equal opportunity for all.

Learn more at: https://nftxc.biz
Join the community: @NFTcardsNIL

Continue Reading

Blockchain

MICROXPAY LAUNCHES THE WORLD’S FASTEST GLOBAL XRP PAYMENT PLATFORM

Published

2 weeks ago

on

October 15, 2025

By

Accept Crypto Payments in 5 Minutes with No Complexity, No Custody, and a Simple 1 Percent Flat Fee

AUSTIN,TEXAS,October13,2025— Microxpay has officially launched, bringing the power of instant global XRP payments to the world. In just five minutes, any business, creator, or developer can start accepting XRP payments without intermediaries or technical barriers.

Microxpay combines instant settlement, noncustodial architecture, and a flat 1 percent fee with built-in auto burn technology. The result is a payment experience that is fast, secure, and completely decentralized.

THE FIRST XRP PAYMENT TOOL THAT DOES IT ALL

Microxpay is the only XRP payment platform that offers:

  • Instant global settlement so funds arrive in seconds
  • Auto burn technology that strengthens the XRP ecosystem with every transaction
  • Noncustodial transfers so users retain full control of their assets
  • A single transparent 1 percent flat fee
  • A simple setup process that takes less than five minutes

Businesses can now move beyond outdated banking systems and slow payment processors. With Microxpay, there are no waiting periods, no frozen funds, and no complex integrations.

BUILT FOR THE NEXT WAVE OF GLOBAL COMMERCE

Microxpay empowers anyone to send and receive value instantly across borders.

Perfect for:

  • Online stores expanding into international markets
  • Content creators earning from global audiences
  • Subscription platforms managing worldwide billing
  • Developers building Web3 applications and digital economies

Microxpay connects directly to the XRP Ledger for real-time settlement, ensuring transactions are completed instantly with full transparency.

A NEW STANDARD FOR SPEED, SECURITY, AND SIMPLICITY

Microxpay runs on the XRP network, one of the fastest and most efficient blockchain systems in existence. Payments settle globally within seconds, with no custody risk and no third-party interference.

The built-in auto burn feature permanently removes a small portion of XRP from circulation with every transaction, creating a deflationary effect that strengthens the network and rewards

long-term holders.

STATEMENT FROM THE FOUNDER

“Microxpay was created to make crypto payments truly instant and truly global,” said John Cronin, Founder and CEO of Microxpay. “We wanted to eliminate the friction that keeps people from adopting digital payments. Now anyone can start accepting XRP in minutes and receive value instantly, anywhere in the world.”

FAST PAYMENTS. GLOBAL FREEDOM. COMPLETE CONTROL.

Microxpay marks the beginning of a new era in financial transactions. It gives individuals and businesses the freedom to accept crypto payments worldwide without ever giving up control.

Start accepting XRP payments in five minutes at https://microxpay.com.

ABOUT MICROXPAY

Microxpay is a payment technology company built on the XRP Ledger. It delivers instant global transactions through noncustodial design, transparent pricing, and automatic token burn.

Microxpay enables merchants, developers, and creators to accept crypto payments easily and securely, transforming the way money moves across borders.

For more information, visit https://microxpay.com

Continue Reading

Trending