DeFi Protocol BlockGuard Inks Equity Partnership with Pixelette Technologies
Panama, Panama City, January 10th, 2024, Chainwire
Web3 platform BlockGuard has signed an equity partnership deal with Pixelette Technologies, a London-based blockchain and IT firm. As part of the deal, Pixelette’s founder and CEO Asif Ashiq Rana has also joined the platform as an advisor.
BlockGuard, whose services include decentralized, professionally-managed funds, a fully redeemable gold-backed token, and blockchain-powered financial planning software, disclosed that Pixelette Technologies had taken 5% equity. In turn, it will build BlockGuard’s proposed tokenized gold system and also an underlying blockchain focused on improved security and UX.
“Pixellete’s diverse portfolio of AI and blockchain companies reflects its commitment to fostering innovation and exploring the world of technology. Concluding this agreement is a huge milestone for BlockGuard as we look to build on our DeFi vision in 2024 and beyond,” said Anthony Bevan CEO of BlockGuard.
Asif Ashiq Rana, who is a member of All-Party Parliamentary Groups (APPGs) advising the British government on both blockchain and AI, said, “Happy New Year! As we step into 2024, we are excited to extend a warm welcome to BlockGuard from our entire team at Pixelette Technologies. We are thrilled to partner with the team on the innovative BlockGuard Network project and are committed to providing top-tier development solutions to bring their vision to life.”
With Rana joining BlockGuard as an advisor, the platform will benefit not only from a sizable equity investment but also from his expertise and experience. In addition to managing Pixellete, the entrepreneur holds the position of Managing Director at award-winning think tank Big Innovation Centre (BIC), whose work on bringing groundbreaking technologies to market includes blockchain, AI, metaverse and digital finance.
BlockGuard seeks to revolutionize risk management in web3, making it more accessible, transparent and efficient for global investors. With a long-term approach to optimizing asset growth, and a focus on stability rather than artificially inflated APY numbers, the platform offers a number of wealth management services including curated funds and a portfolio builder.
BlockGuard offers a diverse product line encompassing cutting-edge solutions, including decentralized professionally managed funds, a gold-backed token redeemable for physical gold, and advanced financial planning software utilizing blockchain technology for investment categorization and AI for recommendations. Additionally, our ongoing development of a groundbreaking blockchain incorporates unprecedented features, including on-chain two-factor authentication (2FA), setting new standards for security and functionality.
About Pixelette Technologies
Pixelette Technologies is a UK company specializing in bleeding-edge technologies such as AI, blockchain and metaverse. With a client base of governments, large corporations and startups, it makes investments in entities with revolutionary potential.