This partnership, signed in late 2024, marks an unprecedented integration of high-speed, low-cost, mathematically instantaneous settlement (T+0) at the institutional level—something that has never been previously achieved. DevvExchange™ will remove the need for middlemen and eliminate counterparty risk altogether using its Contingent Transaction Set invention.

“This agreement represents the single most important milestone we have hit since we started working in the blockchain space 8 years ago,” said Tom Anderson, Chief Strategy Officer of DevvExchange and CEO of Devvio Inc. “The relationship gives us an enormous amount of credibility with all of our current and future partners, and it is the type of deal that can make a company. As importantly, though, I feel that it represents a singular technical advancement that will become the new gold standard in digital asset exchanges. This is the first time that one of the world’s leading traditional finance platforms is being integrated with a blockchain to create an exchange where orders are guaranteed to settle, and when they match, settlement happens instantly. That is a game-changer.”

New Era for TradFi and Digital Asset Trading

For years,  a majority of the world’s Traditional Finance (TradFi) institutions have struggled to enter the digital asset space due to custody risks, counterparty risks, and regulatory uncertainty. The collapse of major custodial exchanges like FTX also revealed the urgent need for a truly secure, transparent, and compliant trading platform.

By combining DevvX™ blockchain technology with the market expertise and infrastructure of a world-leading financial institution, DevvExchange™ aims to redefine the way assets are traded. For the first time ever, financial institutions and their customers can interact with digital assets in a way that is fully secure, compliant, and risk-free from counterparty failures. Most problems that plague the crypto space create unacceptable risks for TradFi companies. The loss of private keys, custody of assets held by unregulated middlemen, theft of assets without any type of recourse, the lack of regulatory approved privacy solutions, and solutions that do not scale in cost or throughput, all prevent TradFi companies from holding or exchanging assets for themselves or their customers. DevvExchange solves all of these problems.

“For the first time, we check all of the boxes that traditional finance companies require,” explained Ray Quintana, CEO of DevvDigital. “We are creating not only the most cost-effective and scalable digital asset exchange, but also the most secure and trustworthy digital asset exchange. The combination of our technology and all of its on-chain protections, with a globally trusted platform means that many large financial institutions, and their customers, can access crypto for the first time.”

The Technology Powering DevvExchange

At the heart of DevvExchange is a next-generation blockchain infrastructure that delivers unmatched speed, security, and compliance. The exchange’s unique Contingent Transaction Set (CTS) technology enables transactions to be grouped together and validated at the same mathematical instant, guaranteeing settlement without counterparty risk.

In addition, the exchange is fully non-custodial, meaning that assets remain under the user’s control at all times. This eliminates the risks that led to the downfall of centralized exchanges like FTX, Mt Gox, and others, and opens the door for traditional banks and financial institutions to finally engage with digital assets without exposing themselves to unacceptable liabilities.

• Non-Custodial, Institutional Exchange: Users maintain full control of their assets at all times, with zero settlement risks, middlemen, or omnibus wallets.
• Mathematically Instantaneous Settlement (MIS): trades settle instantly with no counterparty risk, eliminating traditional delays of T+1 or T+2 settlement cycles.
• Strict Regulatory Compliance: Built to meet the strictest global regulatory standards, providing institutions with the confidence they need to engage in digital asset trading.
• Fraud, Theft, and Loss Protection: A validator-level security system ensures that even if private keys are lost, there are mechanisms for secure recovery, while using clever mathematical concepts where no trust is required.
• Cost-Effective Trading: With 8M+ transactions per second (TPS) and no intermediaries, trading costs are significantly reduced.
• Regulated Bailment Partners: On DevvExchange, wrapped tokens are directly controlled by users, and the underlying assets are held by trusted and regulated financial entities, which maintain entire copies of the blockchain in real-time. DevvDigital does NOT hold the bankruptcy estate for the underlying assets. In the case of DevvDigital’s bankruptcy, owners will be able to directly access underlying assets through these bailment partners.
• DevvE™ Integration: DevvDigital will utilize a to-be-announced implementation with DevvE™ (ticker: DEVVE), which will be key to operating the exchange and managing liquidity.

Launch Timeline and Partner Reveal

Pending regulatory approvals, DevvDigital’s global financial institution partner is expected to be revealed in an upcoming joint announcement that will offer additional insights into DevvExchange’s technological innovations.

About DevvExchange

DevvExchange™ is transforming digital asset trading with a seamless, secure, and efficient platform for creating, managing, and exchanging digital assets. DevvExchange™ utilizes the DevvE™ token, the native token of DevvX™, for liquidity provisioning. By combining institutional-grade processes with enterprise blockchain solutions and patented technology, DevvExchange™ addresses the challenges of both traditional and digital asset trading. Backed by industry leaders, DevvExchange™ is set to redefine how digital assets are perceived and utilized worldwide. Learn more at www.devv.exchange.

About DevvDigital™

DevvDigital™ is a forward-thinking digital solutions provider dedicated to leveraging blockchain technology for real-world impact. As the exclusive operator of DevvExchange™, DevvDigital™ is committed to transforming the way people interact with digital assets, prioritizing user empowerment, security, and innovation.

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This press release contains forward-looking statements, including but not limited to statements regarding the anticipated benefits and future operations of DevvExchange™ under the license agreement with Devvio. These statements are based on current expectations, projections, and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. Factors that may cause such differences include, but are not limited to, market conditions, regulatory changes, technological developments, and other unknown risks. DevvDigital™ assumes no obligation to update or revise forward-looking statements to reflect new information, events, or circumstances, except as required by law.