San Francisco, California, April 25th, 2025,
Chainwire
Digital payment platform CrossFi is proud to announce that its
core technologies are now officially patented and recognized in 181
countries, marking a major step towards its mission of bridging the
worlds of DeFi and TradFi.
As well as protecting its intellectual property with the
patents, CrossFi has secured 70-year design registrations for its
user interfaces, cementing its competitive edge in the web3 fintech
space. The global recognition validates the originality of
CrossFi’s innovations and positions the company as a leader in
digital finance.
The global patents cover CrossFi’s foundational proprietary
technologies, including its eponymous banking app, its
infrastructure that seamlessly blends DeFi and TradFi systems, the
blockchain-based FastPayments system, the decentralized exchange
protocol MPX (Multi-Purpose Exchange), and the xAssets tokenization
platform for real-world and synthetic assets.
Thanks to the patents, CrossFi’s innovations will be effectively
safeguarded from infringement, preventing unauthorized imitation or
replication in multiple major markets.
“Today marks a significant milestone for our team,” said
Alexander Mamasidikov, CEO, Chief Ideologist and Founder of
CrossFi. “Each patent has been granted with a 70-year protection
period, providing us with robust legal protection and affirming the
uniqueness of our innovations; there are no comparable technologies
in existence today. It is the result of years of focused effort and
determination.
“While a formal valuation is still ahead of us, this is a
defining step on our path toward a future IPO. I’m incredibly proud
of what we’ve achieved and inspired by what lies ahead.”
IP elements set to benefit from the 70-year protection include
CrossFi’s user interface designs encompassing its website, mobile
app, console dashboard, and blockchain scan tools, fortifying the
brand’s distinctive user experience and visual identity into the
future. The company has also registered numerous trademarks to
ensure exclusive rights to the brand and consistency across all
markets, covering Cross Finance, CrossFi, CrossFi Chain, XFI, XFI
Scan, XFI Console, MPX, CrossFi xAssets, and CrossFi xAPP.
CrossFi, which will support purchases at over 100 million
merchants worldwide, has onboarded over a million users and
launched its Layer-1, EVM-compatible mainnet last year. It will
offer a scalable global payment network that combines the security
and transparency of blockchain with the stability and user
experience of traditional finance.
About CrossFi
CrossFi Chain is a groundbreaking blockchain that provides an
inclusive, next-generation solution that bridges fiat and
cryptocurrency seamlessly. Featuring innovative non-custodial
payment technology, users maintain full control of their funds
while enjoying unparalleled access, transparency, and convenience.
CrossFi brings true financial freedom and inclusivity for all.
Learn more at https://crossfi.org/.
Contact
Founder &
CEO
Alexander
Mamasidikov
info@crossfi.org
