Business News Report Technology
October 03, 2025

Crypto.com, Cypherock, And Binance Signal A New Phase For Web3 In Early October 2025

In Brief

The first week of October 2025 showcased a wave of strategic partnerships across crypto, blockchain, and Web3, driving innovation, infrastructure growth, and mainstream adoption from Singapore and Vietnam to Formula 1 and secure trading solutions.

Crypto.com, Cypherock, And Binance Signal A New Phase For Web3 In Early October 2025

The first week of October 2025 highlighted how partnerships are shaping the next phase of crypto adoption. From Singapore’s TOKEN2049 gathering global venture capital to Vietnam’s digital asset hub plans, and from Solana’s treasury expansion to BlockDAG’s Formula 1 debut, collaborations are redefining finance, infrastructure, and mainstream visibility.

Binance and Ignyte Partner to Advance UAE’s Web3 Ecosystem

Binance has unveiled a new partnership with Ignyte, a Dubai International Financial Centre–backed startup hub, positioning the exchange as the first to align with the UAE’s Digital Economy Strategy. The collaboration is designed to provide startups with hands-on mentorship, technical tools, and access to Binance’s education platform, all aimed at driving Web3 innovation across the region.

CEO Richard Teng used X to highlight the move, stressing that “Web3 isn’t about replacing Web2” but instead about empowering users to reclaim control over their data, identity, and economic participation. Market observers note that the partnership illustrates Binance’s ongoing effort to embed itself within regional innovation strategies following its recent multibillion-dollar deal activity.

Some key features under the initiative would be a flagship hackathon worth $25,000 in prizes for teams to create blockchain solutions and pitch directly to policymakers and investors. The startups can also utilize Binance developer APIs and on-chain integration tools to enhance use cases for BNB Chain that has been gravitating more towards tokenization.

The effort builds on Binance’s recent collaborations, including joint work with Franklin Templeton and Ondo Finance, signaling a continued push to bridge traditional markets with decentralized infrastructure.

Crypto.com and Sharps Technology Team Up to Strengthen Solana’s Treasury Base

The Solana network is set to receive another boost as Crypto.com and Sharps Technology announce a partnership focused on enhancing treasury management and ecosystem growth. The agreement highlights how institutional players are increasingly aligning with Solana, which has gained momentum for its scalability and efficiency in recent market cycles.

Sharps Technology, already holding more than 2 million SOL valued at nearly $400 million, is expanding its digital asset strategy by leveraging Crypto.com’s custody and liquidity services. James Zhang, Strategic Advisor to Sharps, said that “partnering with Crypto.com, a platform with over 150 million users,” equips the company with institutional-grade infrastructure to manage one of the largest Solana treasuries while also supporting broader ecosystem development.

The alliance demonstrates Sharps’ long-term conviction in Solana’s potential as a foundation for next-generation financial applications. By tapping Crypto.com’s institutional tools, the company aims to align traditional treasury practices with the opportunities emerging in decentralized markets.

Observers note that the collaboration reflects a growing pattern of corporations and institutions building directly on Solana, underscoring its role as a blockchain tailored for speed, scale, and financial use cases. The move may also encourage further partnerships as adoption continues to expand.

Vietnam Taps Binance and Bybit to Shape Digital Asset Hub in Da Nang

To move its plan forward, Vietnam is keen to establish an international financial center in Da Nang, with digital assets being at the center of this project. The government has recruited Binance and Bybit to set up a regulated platform operating under strict capital and compliance standards.

Deputy Prime Minister Nguyen Hoa Binh met the top management of both exchanges during his recent trip to the UAE. Local media reported that there was an offer for Binance to assist in blockchain development and related best practices and infrastructure design.

Bybit, which counts more than 2.5 million users in Vietnam, indicated readiness to contribute to legal frameworks and workforce training.

The initiative aligns with Vietnam’s five-year pilot program for digital assets, which requires participants to hold at least 10 trillion VND (about $409 million) in charter capital and comply with stringent AML and KYC rules.

Analysts suggest the partnerships could help position Da Nang as a regional hub for blockchain finance. Still, they caution that the program’s success hinges on maintaining “strict oversight” while ensuring global platforms can adapt to the regulatory demands of Vietnam’s evolving digital asset landscape.

TOKEN2049 Singapore 2025: Where Global VCs and Web3 Innovators Converge

Asia’s largest crypto conference, TOKEN2049 this year in Singapore, is expected to attract more than 10,000 attendees ranging from VC firms to Web3 startups. Marketed as the one platform where all industry-shaping announcements are made, it gives further credence to Singapore being a hotbed of digital asset innovation and investment.

Over the last 10 years, TOKEN2049 has become a force for on-the-ground partnering and funding across the blockchain ecosystem. The 2025 edition continues to emphasize Web3 development, keeping pace with the global shift toward decentralization.

Market watchers note that venture firms are committing “vast sums” to blockchain and Web3 projects, reflecting confidence in the sector’s disruptive potential.

The conference is also being leveraged as a launchpad for fresh funding initiatives, including projects designed to cut transaction costs, improve privacy, and strengthen interoperability between blockchains. Several collaborations announced during the week highlight just how diverse this wave of innovation has become.

Analysts suggest that the new partnerships forged here could have ripple effects across industries such as finance and supply chain management. With Singapore providing the backdrop, TOKEN2049 is being positioned as not just a regional milestone but a global reference point for the future of Web3 adoption.

BlockDAG Accelerates Into Formula 1 With BWT Alpine Partnership

BlockDAG (BDAG) has broken new ground by becoming the first Layer-1 blockchain to secure a partnership in Formula 1, teaming up with BWT Alpine F1 in a multi-year agreement. Unlike other crypto projects that often sponsor football clubs or esports teams, BlockDAG’s move puts its brand on one of the most prestigious stages in global sport, watched by over a billion fans across 130 countries.

The partnership is more than a marketing play. Observers note that Alpine’s choice of BlockDAG as its exclusive Layer-1 and DAG partner reflects confidence in the project’s technical design and scalability. Its DAG architecture, which enables parallel block confirmations secured by Proof-of-Work, has been likened to Formula 1’s relentless drive for speed and reliability.

The deal follows a record-setting presale where BlockDAG raised over $410 million, sold 26.4 billion tokens, and built a community of 312,000 holders. Its mining ecosystem is already active, with 3 million app users and more than 20,000 hardware miners shipped worldwide.

By pairing these achievements with a Formula 1 sponsorship, BlockDAG signals both credibility and ambition. Analysts see the partnership as a cultural bridge, propelling the project from crypto circles into mainstream awareness while reinforcing its long-term growth trajectory.

Cypherock and Changelly Redefine Secure Crypto Swaps

Cypherock, the company behind the X1 hardware wallet, has teamed up with exchange platform Changelly to deliver what both describe as the “safest way” to swap crypto from cold storage. The integration allows users to trade assets directly from their Cypherock wallet, eliminating the need to rely on centralized exchanges or expose funds to online risks through hot wallets.

The system works by combining Cypherock’s sharded cold storage with Changelly’s exchange infrastructure. Transactions are initiated and signed entirely within the X1 device, ensuring private keys never leave the hardware. Users manage swaps through the cySync desktop app, which provides a streamlined interface while tapping into Changelly’s liquidity network.

Akhil Jonnavithula, Cypherock’s Business Development Director, explained that the integration removes the long-standing trade-off between safety and usability, noting that “users can now diversify their portfolios directly from the safety of their cold storage.” Changelly’s Head of Partnerships, Nik Kos, echoed that sentiment, saying the collaboration reflects a shared vision to make crypto “more secure and accessible.”

With Changelly’s 10 million-plus user base and Cypherock’s self-custody model, the partnership arrives at a time when demand for reliable alternatives has surged following recent exchange failures. Analysts see it as a milestone in pushing secure, trustless swaps toward mainstream adoption.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

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