10XTS to Attend Wyoming Blockchain Stampede with Commercium Bank Representatives - 10XTS Skip to content
August 30, 2021
FOR IMMEDIATE RELEASE

10XTS to Attend Wyoming Blockchain Stampede with Commercium Bank Representatives

10XTS and Commercium Bank executives will attend the Wyoming Blockchain Stampede, showcasing their SPDI-chartered Commercium Bank and XDEX platform for blockchain-based compliance and digital asset governance.

LARAMIE, WY – 10XTS is excited to announce its participation in the upcoming Wyoming Blockchain Stampede, set to take place from September 21-24 at the University of Wyoming campus in Laramie. Joining the 10XTS team will be members of the Commercium Bank Board of Directors, highlighting the company’s strategic involvement in Wyoming’s rapidly growing blockchain sector.

Wyoming’s Blockchain Leadership and 10XTS’s Role

Wyoming has emerged as a national leader in blockchain-friendly legislation, providing a supportive regulatory environment for digital asset innovation. A pivotal development in this landscape has been Wyoming’s introduction of the Special Purpose Depository Institution (SPDI) bank charter, which allows blockchain-based financial institutions to operate under a regulatory framework tailored to digital assets. This year, 10XTS’s incubated entity, Commercium Bank, achieved SPDI charter approval, positioning it as a forward-thinking banking institution dedicated to the safe custody and handling of digital securities.

10XTS’s involvement with Commercium Bank is centered on its proprietary XDEX platform, a governance, risk, and compliance (GRC) blockchain oracle layer that bridges traditional records and blockchain networks. XDEX facilitates secure, transparent connectivity between real-world records and digital assets on blockchain, an essential capability for compliant operations in the rapidly evolving digital finance landscape. Commercium Bank leverages XDEX as part of its infrastructure, underscoring 10XTS’s commitment to regulatory alignment and innovation in digital finance.

Supporting Wyoming’s Blockchain Ecosystem

The Wyoming Blockchain Stampede, held annually, celebrates Wyoming’s pioneering role in blockchain regulation and brings together a global audience of blockchain innovators, investors, and policymakers. This year’s event will feature workshops, panels, and networking sessions on topics spanning digital identity, decentralized finance, legal and regulatory frameworks, and the expanding role of blockchain in various sectors.

The presence of 10XTS and Commercium Bank’s board at the Stampede emphasizes the company’s dedication to Wyoming’s blockchain ecosystem, where state-level policy is enabling new models for digital assets and finance. Through this participation, 10XTS aims to engage with other industry leaders and policymakers to further the conversation on blockchain-enabled compliance and governance standards.

Event Registration

To learn more about the Wyoming Blockchain Stampede or to register, visit the official event page: https://wyohackathon.io/

About 10XTS

10XTS is a leading provider of digital asset tokenization technology, specializing in secure, scalable, and compliant solutions for financial institutions, businesses, and governments. With a focus on innovation and excellence, 10XTS is dedicated to advancing the future of digital asset management through cutting-edge technology and strategic partnerships.

MEDIA CONTACT:

10XTS Media Relations
Email: press@10xts.com
Website: 10xts.com