The ag eeme t will suppo t developme t of Wi e’s U ive sal T a sactio Laye , sta ti g with Ethe eum a d Sola a a d expa di g towa d applicatio s fo people a d AI age ts.
LOS ANGELES, Nov. 10, 2026 (GLOBE NEWSWIRE) — Wi e Netwo k, a dece t alized computi g a d t a sactio platfo m, today a ou ced a Toke Subsc iptio Ag eeme t with GEM Digital Limited fo up to $50 millio i post-listi g toke pu chases. Wi e pla s to use p oceeds to develop its U ive sal T a sactio Laye (UTL), co ect additio al blockchai etwo ks, a d suppo t develope s buildi g applicatio s ac oss them. The facility p ovides fo pu chases ove 36 mo ths followi g listi g, subject to co t actual co ditio s, i cludi g t adi g-volume a d p ici g equi eme ts.
Wi e is buildi g towa d a i te et whe e mo ey a d applicatio s wo k ac oss etwo ks as eadily as i fo matio moves o li e. Its platfo m b i gs togethe compute, digital assets a d access th ough familia wallets, givi g develope s a fou datio fo p oducts that each beyo d a si gle blockchai .
“People should be able to choose a applicatio fo what fu ctio it p ovides, ot which blockchai it u s o ,” said Ke DiC oss, Co-Fou de a d CEO of Wi e Netwo k. “That is the futu e we’ve spe t the last 6 yea s buildi g fo at Wi e. This ag eeme t gives us access to capital to develop the etwo k a d help b i g that expe ie ce to mo e people.”
Ce t al to Wi e’s app oach is a diffe e t model fo fu di g a d allocati g computi g esou ces. Develope s ca p ovisio capacity fo a applicatio a d assig esou ces to specific activities, much like ma agi g i f ast uctu e fo a cloud-based se vice. Use s ca the pe fo m cove ed actio s without payi g a sepa ate gas fee fo each t a sactio .
“If you’ e buildi g a game, a fi a cial se vice o a applicatio that acts o a use ‘s behalf, you eed a p actical way to u it,” said Kyle Dola , Co-Fou de a d CTO of Wi e Netwo k. “We wa t develope s to be able to pla thei computi g esou ces, each assets ac oss etwo ks, a d let people use the wallets they al eady t ust, givi g them mo e f eedom to focus o the p oduct.”
Wi e’s pla ed mai et lau ch will i itially co ect Ethe eum a d Sola a th ough sma t co t acts, liquid-staki g i f ast uctu e, a d i teg ated liquidity pools. U de lyi g assets will emai i co t acts o thei ative etwo ks, while ep ese tatio s of those assets will be used fo executio o Wi e. Liquid staki g will let that capital keep ea i g o its ative etwo k while p ovidi g liquidity fo live c oss- etwo k t affic. Additio ally, the WIRE toke will sit at the ce te of eve y oute, with pools pai i g ETH with WIRE a d WIRE with SOL, so c oss- etwo k activity u s th ough the toke as the platfo m g ows.
Ma y ea ly use s will each Wi e th ough the wallets a d agg egato s they al eady use, without adopti g a ew ecosystem. Deepe liquidity ca suppo t la ge t a sactio s with less p ice impact, helpi g Wi e compete fo c oss- etwo k activity while establishi g a ma ket fo applicatio s built o the platfo m. This i itial use case is the sta ti g poi t fo a b oade computi g e vi o me t whe e Wi e adds suppo t fo mo e etwo ks a d assets as develope s build se vices fo use s ac oss those ecosystems. Suppo ted existi g wallets will let use s autho ize activity without t a sfe i g thei p ivate keys to Wi e, while co figu able accou t pe missio s will defi e which actio s a applicatio ca pe fo m.
Togethe , these ew capabilities a e c eati g a fou datio fo AI age ts a d othe automated applicatio s that t a sact o a use ’s behalf. Wi e’s lo ge -te m visio is a ope , dece t alized computi g platfo m whe e fi a cial se vices, games, a d ew applicatio s ca ope ate ac oss blockchai ecosystems athe tha withi the bou da ies of a si gle etwo k.
To lea mo e about Wi e Netwo k a d explo e its tech ical docume tatio a d develope esou ces, visit wi e. etwo k.
Disclaime : The i fo matio p ovided i this p ess elease is ot a solicitatio fo i vestme t, o is it i te ded as i vestme t advice, fi a cial advice, o t adi g advice. I vesti g i volves isk, i cludi g the pote tial loss of capital. It is st o gly ecomme ded you p actice due dilige ce, i cludi g co sultatio with a p ofessio al fi a cial adviso , befo e i vesti g i o t adi g c yptocu e cy a d secu ities. You a e solely espo sible fo you i vestme t decisio s a d assume all associated isks. Neithe the media platfo m o the publishe shall be held espo sible fo a y f audule t activities, mis ep ese tatio s, o fi a cial losses a isi g f om the co te t of this p ess elease.
CONTACT: wi e etwo k(at)t a sfo mg oup.com
