The acquisition of Contour Network and the launch of Stable-Coin Lab strengthen XDC Network’s position as a bridge between TradFi and Web3.
XDC Ventures, the investment arm of the XDC Network, announced the acquisition of the blockchain platform Contour Network.
Backed by a global banking consortium including HSBC, Standard Chartered, and BNP Paribas, the acquisition reinforces the XDC Network’s position as a premier Layer-1 blockchain for institutional trade-finance and real-world asset (RWA) tokenisation.
“By combining Contour’s global LC consortium with the XDC Network’s hybrid blockchain and Web3 ecosystem, we’re creating the most powerful institutional gateway for tokenised trade-finance and cross-border settlement,” said Atul Khekade, Co-founder of XDC Network and XDC Ventures.
Following the acquisition, XDC Ventures secured new investment commitments from global funds to drive Contour’s expansion and onboard more institutions. The company is also inviting strategic investors with expertise in compliance, risk management, and trade networks to scale the consortium responsibly under rigorous regulatory standards.
The XDC Network is already integrated with IMDA Singapore’s TradeTrust framework and supported by partners including SBI Japan, Deutsche Telekom, and Circle, enhancing institutional confidence and adoption.
Launch of Stable-Coin Lab
As part of the next phase of Contour’s development, XDC Ventures will launch Stable-Coin Lab to deepen institutional integration of stablecoins in trade-finance operations.
The initiative will focus on several key areas: Launch pilot programmes with banks, leverage Contour’s infrastructure to improve treasury, and develop functional APIs for real-time settlements using stablecoins.
In addition, the lab will utilise the XDC Network’s programmable architecture to create real-world applications of stablecoins in trade-finance settlements, unlocking new efficiency gains and compliance-led use cases.
“Banks need settlement rails, treasury optimisation, and compliance frameworks — we’re building all three,” said Ritesh Kakkad, Co-founder of XDC Network and XDC Ventures. “We see Contour not just as a trade-finance network, but as an enabler of compliant stablecoin solutions that deliver new efficiencies and revenue streams for banks and corporates.”
Circle Integration and Real-Time Settlement
Contour will adopt the XDC Network as its primary settlement and tokenisation backbone, enabling faster and lower-cost cross-border transactions. The recent integration of Circle’s USDC on XDC provides a regulated settlement asset, creating efficient on- and off-ramps while linking LC documentation to real-time digital settlement.
Through this acquisition and strategic expansion, XDC Ventures aims to redefine digital trade-finance infrastructure.
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