Business Daily Media

The Times


.

Japan’s Blockchain Infrastructure Firm THXLAB, Partners with AsiaTokenFund Group: Advancing THXNET. - Web3-aaS Expansion in Asia

TOKYO, JAPAN - Media OutReach - 31 October 2023 - THXNET, a Japan-based Web3-as-a-Service Blockchain Infrastructure firm, and AsiaTokenFund Group, a leading web3 conglomerate based in Asia today announced a strategic partnership with a focus on extending the reach of THXNET's ground-breaking blockchain technology infrastructure services into the broader Asian market.



Captio

Founded just four years ago, THXNET has made significant strides in the blockchain realm. a pioneer in blockchain technology, proudly unveils its offering centered around its own dedicated Layer 1 (L1) infrastructure, meticulously empowered by the robust THXNET Layer 0 (L0) Rootchain. This innovative foundation is underpinned by the state-of-the-art Substrate framework, refined to perfection by the seasoned experts at THXLAB, the development company behind THXNET.

Its Layer 1 Blockchain achieved a pivotal milestone by going main-net this past June. Crafted with a singular vision to act as a bridge between the traditional digital landscape (web2) and the decentralized web3 future, THXNET serves as a Web3-As-A-Service provider. This approach offers web2 companies a hassle-free gateway to tap into the burgeoning world of web3.

"THXNET's success is not just theoretical. We have two operational Layer 1 chains running on our main-net, demonstrating real-world viability and adoption," says Aro Kondo, the CEO & Co-Founder of THXNET. At present, THXNET has already amassed multiple use-cases and clients building on top of its framework including gaming, digital asset wallet, lifestyle application etc.

Furthermore , adding to its portfolio of successes, its parent company BANQ has established a joint venture in Japan with a financial media company listed on the Tokyo Stock Exchange, specializing in Web3 business. Leveraging THXNET as a platform, they are concurrently working on Web3 marketing, sports-related and carbon credit trading projects. The joint venture is also in discussions with several major group companies focused on finance and e-commerce.

It's worth highlighting that THXNET's innovative approach has already begun generating revenue from its Layer 0 and Layer 1 chain users. This revenue stream has positioned the firm as a self-sustaining entity in the competitive blockchain market.

But the innovations don't stop there. THXNET is on the cusp of launching its new mobile application – the world's first super-app designed specifically for developers. This ground-breaking app offers developers the unique ability to create, connect, build, and explore functionalities of the THXNET blockchain all within a singular interface.

"We recognize the challenges developers face in navigating the decentralized world. Our super-app is not just a tool; it's a comprehensive solution, bringing all the functionalities they need to their fingertips, simplifying their journey in the blockchain space," elaborates Aro.

Figure 1 – Mock-up of THXNET Mobile Application Super-App For Developers target to launch early Q4 2023. More info will be revealed on its launch. Caption
Figure 1 – Mock-up of THXNET Mobile Application Super-App For Developers target to launch early Q4 2023. More info will be revealed on its launch.

The alliance with AsiaTokenFund Group is poised to be a game-changer. "This partnership melds our technical expertise with AsiaTokenFund's deep market insights and presence. Together, we are not just aiming to make waves but to reshape the digital landscape across Asia," comments Ken Nizam, the Co-Founder of AsiaTokenFund Group. This strategic partnership also sees the appointment and onboarding of Ken Nizam as THXNET Advisor and CMO, leading the go-to-market strategies in the Asian markets.

The collaboration between these two giants promises to push the boundaries of what's achievable in the web3 realm, ensuring that the transition from web2 to web3 for companies is not just possible, but seamless and efficient.

For more information, visit THXNET website at https://thxnet.org/ and social media channels at https://twitter.com/THXNET_WEB3aaS

Hashtag: #thxlab #asiatokenfund

The issuer is solely responsible for the content of this announcement.

About THXNET

At THXNEX, we pride ourselves on being at the forefront of Web3 technology, offering a comprehensive suite of services tailored to meet the demands of the modern digital landscape. Our core proposition revolves around the concept of Web3-as-a-Service (Web3aaS), embodying the next evolution in online experiences. Central to our offering is a dedicated Layer 1 (L1) infrastructure, meticulously facilitated by the robust THXNET Layer 0 (L0) Rootchain. This foundation is powered by the cutting-edge Substrate framework, fine-tuned to perfection by the experts at THXLAB.

About AsiaTokenFund Group

AsiaTokenFund Group (ATF) is an Asia-based powerhouse with a global reach, dedicated to championing the web3 ecosystem. Originating in 2017 as a blockchain media entity, ATF has magnificently evolved into a dominant Southeast Asian blockchain media source. Its metamorphosis encompasses a web3 marketing agency, technical development prowess, event mastery, an accelerator for web3 startups, while investing fervently in the web3 frontier. ATF's core mission extends beyond innovation; it seeks to orchestrate a complete web3 ecosystem that draws in the next billion participants.

News from Asia

TORRAS Launches Ostand Q3 Rugg, an iPhone 17 Pro/Pro Max Case with Built-In Stand

TOKYO, JAPAN – Media OutReach Newswire – 24 September 2026 – Rakuso Mirai Co., Ltd., a provider of smartphone accessories and compact electronics, launched the "TORRAS Ostand Q3 Rugg" on August 14...

It Takes Youth to Build Bridges: 100 American Students Complete Immersive China Tour as Sino Group's Charitable Foundation Champions U.S.-China Exchanges Ahead of D.C. Summit

The students were excited to receive a personal reply from President Xi Jinping after sharing in a letter what their week in China had meant to them, reinforcing the Ng Teng Fong Charitable Foundat...

From a Disney stage to the Hong Kong Coliseum Hong Kong Disneyland Donates HK$1.8 Million to Po Leung Kuk to Nurture Young Dance Talent

"All our dreams can come true, if we have the courage to pursue them." – Walt Disney HONG KONG SAR – Media OutReach Newswire – 24 September 2026 – Following the International Day of Charity on S...

De Beers Group Showcases Desert diamonds at Jewellery & Gem WORLD Hong Kong

Building confidence in the natural diamond category with industry partners, guided by the Building Forever and diamond traceability strategiesHONG KONG SAR – Media OutReach Newswire – 24 September...

DHL Express and Singapore Airlines extend Boeing 777 freighter partnership

Under the renewed agreement, SIA pilots will continue to operate five Boeing 777 freighters based at Singapore Changi Airport for DHL Express SIA will also oversee the maintenance...

Hang Lung’s Mainland Portfolio to be 100% Powered by Renewable Energy

A New Benchmark for Renewable Energy in China's Commercial Real Estate HONG KONG SAR / SHANGHAI, CHINA – Media OutReach Newswire – 24 September 2026 – Hang Lung Properties Limited (SEHK...

Luno, Halogen Capital and Kenanga Investors explore Ringgit-pegged stablecoin for tokenised fund settlement

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 24 September 2026 – Malaysia's leading digital asset exchange, Luno Malaysia Sdn. Bhd. ("Luno") today announced a strategic collaboration with Ha...

Nanyang Interview: Exploring Opportunities in China’s Largest Free Trade Port — Financial Video Series Goes Live

HAIKOU, CHINA – Media OutReach Newswire – 24 September 2026 – Six months have passed since the Hainan Free Trade Port officially launched island-wide special customs operations on December 18, 202...

De Beers Group Unveils ‘You Shine So Bright’, A Short-Form Drama Recasting the Contemporary Allure of Natural Diamonds in Light and Shadow

Following the Desert diamonds Asian launch, natural diamonds open a further contemporary chapterBEIJING, CHINA – Media OutReach Newswire – 24 September 2026 – Carrying forward the afterglow of the...

KBTG Techtopia returns for its fourth year, exploring human value in the agentic AI era under the theme, "Human of Tomorrow"

BANGKOK, THAILAND - Media OutReach Newswire - 24 September 2026 - KASIKORN Business-Technology Group (KBTG) hosted the fourth edition of KBTG Techtopia under the theme, "Human of Tomorrow," provid...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...