
Imagen Network (IMAGE) Developer to Add $125 Million Worth of Ripple (XRP) to Project Reserves
Singapore, Singapore--(Newsfile Corp. - June 16, 2025) - Imagen Network, the decentralized AI-powered social platform, has announced that its developer will allocate $125 million worth of Ripple (XRP) to its project reserves. This bold move is designed to enhance liquidity, ensure cross-chain operability, and position Imagen as a multichain-ready hub for creative and decentralized expression.
Powering the future of decentralized creativity with cross-chain reserves.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8833/255641_1af5541f1466bade_001full.jpg
As the world's first AI-driven decentralized social platform, Imagen has continually emphasized financial and infrastructural resilience. By expanding its reserve base with a substantial XRP commitment, the platform aims to support faster, cheaper cross-chain transactions while enhancing trust in its native token, $IMAGE. The XRP allocation also provides strategic reserves for creator rewards, staking incentives, and liquidity across DEXs and CEXs operating on BNB Chain, Ethereum, and Solana.
This announcement aligns with Imagen's broader roadmap of unlocking cross-chain capabilities and offering creators tools to monetize and share content without the constraints of traditional social platforms. Ripple's scalability and established financial interoperability are expected to serve as a strong foundation for Imagen's growing global user base.
This reserve expansion comes on the heels of Imagen's $52 million investment backing from KaJ Labs and recent token listing on MEXC, signaling rapid momentum in its mission to build the future of AI-powered decentralized networking.
About Imagen Network
Imagen Network is a decentralized social platform that blends AI content generation with blockchain infrastructure to give users creative control and data ownership. Through tools like adaptive filters and tokenized engagement, Imagen fosters a new paradigm of secure, expressive, and community-driven networking.
Media Contact
Dorothy Marley
KaJ Labs
+1 707-622-6168
media@kajlabs.com
Social Media
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/255641
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

National Post
an hour ago
- National Post
ISDA and Ant International Lead New Industry Report on Use of Tokenised Bank Liabilities for FX Settlement and Cross-Border Payments Under Project Guardian
Article content SINGAPORE — The International Swaps and Derivatives Association (ISDA) and Ant International led the Project Guardian FX industry group to develop a new report for implementing tokenised bank liabilities and shared ledger in cross-border payments and foreign exchange (FX) settlement. Article content Article content The joint report is produced under the Monetary Authority of Singapore's (MAS) Project Guardian, a global collaboration between policymakers and key industry players to enhance liquidity and efficiency of financial markets through asset tokenisation. ISDA and Ant International are members of the industry group and lead the FX workstream to develop FX data specifications, risk management frameworks and FX documentation. Other contributors to the report include BNY, HSBC, OCBC and the Global Financial Markets Association's Global Foreign Exchange Division. Article content Available on MAS' website, the report draws on the partners' technology expertise, FX payment experience and extensive industry partnerships to propose principles for leveraging tokenised bank liabilities and shared ledgers in transaction banking services. This includes: Article content Design principles for tokenised bank liabilities to standardise industry practices and enable interoperability; Key risks and mitigation actions for shared ledger-based payments; and Use cases showcasing real-world shared ledgers and tokenised payments in transaction banking. Article content As a Project Guardian participant, Ant International also leveraged its blockchain-based Whale platform to develop a global treasury management use case for real-time multi-currency clearing and settlement. Article content Addressing Current Challenges in Cross-Border Payments Through Tokenisation Article content FX-related risks and costs remain a major hurdle in cross-market and cross-currency payments, especially for businesses in the digital economy. On top of limited settlement windows, they also face time zone delays and different settlement assets and platforms. This results in slower settlement and higher fees, with an estimated US$120 billion (S$154.2 billion) spent annually on cross-border transaction fees 1. Article content In contrast, use cases by the industry group show that tokenised bank liabilities and shared ledgers can result in faster, more secure and efficient cross-border payments. By enabling interoperability between bank solutions, payments can be completed 24/7 with FX settlement conducted in real-time. Payment settlement time is also reduced to minutes or even seconds, providing a more seamless payment experience for businesses and their customers. Article content However, a universally-accepted industry framework is needed for industry-wide adoption, which could lower cross-border transaction costs by 12.5%, saving businesses more than US$50 billion (S$64.2 billion) by 2030 2. Article content ISDA and Ant International, together with the Project Guardian industry group, will continue to broaden the applications of shared ledgers and tokenised bank liabilities by developing more use cases for the digital economy. This includes integrating with existing banking systems and supporting other digital assets so that businesses big and small can benefit from this innovative technology. Article content Scott O'Malia, Chief Executive of ISDA, said: Article content 'Tokenisation has the potential to revolutionise cross-border payments and FX settlements, significantly increasing efficiencies and reducing costs and risks. Our work with MAS and the industry group has highlighted the critical importance of common standards and industry documentation to support the safe and efficient use of tokenised bank liabilities, and this will continue to be a focus for ISDA as we further develop the potential for tokenisation.' Article content Kelvin Li, General Manager of Platform Tech at Ant International, Article content said: 'We are honoured to help shape industry adoption of tokenisation with ISDA under Project Guardian's leadership. Since 2019, Ant International has used tokenised deposits to streamline wholesale payments and treasury activities. We now process over a third of our transactions on-chain. In addition to faster, cheaper and more secure cross-border payments, tokenisation programmes are translating technology into more competitive FX rates and faster FX settlement for customers. We will continue evolving our Whale platform to serve businesses of all sizes with the latest shared ledger technology, such as tokenised deposits and stablecoins.' Article content Kenneth Gay, Chief FinTech Officer, MAS, said: Article content 'The use of tokenised bank liabilities marks a milestone in the evolution of cross-border payments and FX settlements. Underpinned by shared ledger infrastructures, tokenised bank liabilities can enable 24/7, real-time settlement across borders and help optimise liquidity management in transaction banking. Together with members of Project Guardian, we look forward to advancing efforts towards more efficient global financial markets.' Article content About ISDA Article content Since 1985, ISDA has worked to make the global derivatives markets safer and more efficient. Today, ISDA has over 1,000 member institutions from 76 countries. These members comprise a broad range of derivatives market participants, including corporations, investment managers, government and supranational entities, insurance companies, energy and commodities firms, and international and regional banks. In addition to market participants, members also include key components of the derivatives market infrastructure, such as exchanges, intermediaries, clearing houses and repositories, as well as law firms, accounting firms and other service providers. Information about ISDA and its activities is available on the Association's website: Follow us on LinkedIn and YouTube. Article content About Ant International Article content Article content Article content Article content Contacts Article content Media Contacts Article content ISDA Article content Article content Christopher Faimali Article content Article content ISDA London Article content Article content +44 20 3808 9736 Article content Article content CFaimali@ Article content


Globe and Mail
an hour ago
- Globe and Mail
Imagen AI (IMAGE) Developer to Enable Ripple Labs Stablecoin RLUSD for Service Payments
Subtitle: RLUSD integration enhances transaction efficiency and multichain access across Imagen's AI-powered social ecosystem. Singapore, Singapore--(Newsfile Corp. - July 3, 2025) - The developer behind Imagen Network, the decentralized AI social platform, has announced plans to integrate Ripple Labs' new stablecoin, RLUSD, into its payment framework. The integration will allow users to utilize RLUSD for purchasing platform services, accessing premium AI features, and participating in governance-related staking systems. Expanding decentralized access with flexible digital payment options. To view an enhanced version of this graphic, please visit: RLUSD, Ripple's U.S. dollar-pegged stablecoin, brings high liquidity and compliance-ready infrastructure to the Web3 economy. By enabling RLUSD transactions across Imagen's ecosystem, the platform aims to streamline payments, reduce volatility for creators and communities, and provide a scalable alternative to native tokens for everyday transactions. Users will soon be able to use RLUSD to customize profiles, unlock AI creation modules, activate node-hosting features, and support community-led initiatives across Ethereum, BNB Chain, and Solana. The integration also aligns with Imagen's mission to foster a user-first decentralized economy with flexible, accessible, and secure digital tools. This move follows Imagen's growing list of stablecoin and asset-backed support, including its XRP reserve and BTC-funded infrastructure rollout. RLUSD brings added stability and utility to the Imagen ecosystem-marking another milestone in its push to make AI-powered, creator-led social interaction universally accessible. About Imagen Network Imagen Network is a decentralized social platform that blends AI content generation with blockchain infrastructure to give users creative control and data ownership. Through tools like adaptive filters and tokenized engagement, Imagen fosters a new paradigm of secure, expressive, and community-driven networking. Media Contact Dorothy Marley KaJ Labs +1 707-622-6168 media@ Social Media Twitter Instagram


CBC
7 hours ago
- CBC
AI-powered soccer robots could be game-changers in the sports world
Some robots taken away by stretcher in Chinese tournament It wasn't so long ago that esports turned the world of sports on its head, bringing in new types of fans and competitors from across the globe. Now the question is, will robot sports be the next big game-changer? On June 28, four teams of humanoid robots faced off in 3-on-3 soccer matches in Beijing, China. It was a preview for next month's World Humanoid Robot Games in Beijing. The robots were fully autonomous, which means they used artificial intelligence to play, without any humans controlling them. Thanks to science, goldfish can now drive The robots were created by a company called Booster Robotics, and each team of robots was programmed by a different university. Their programming focused on things like perception, decision-making, player formations and passing strategies — including variables such as speed, force and direction. They used advanced visual sensors to keep track of the ball. In the end, Tsinghua University's THU Robotics won the championship by defeating the China Agricultural University's Mountain Sea team by a score of 5-3. Although the robots were designed to be able to get up on their own, that didn't always happen. Several times throughout the match, robot players were taken off the field away on stretchers. (Image credit: Ng Han Guan/The Associated Press) Cheng Hao, founder and CEO of Booster Robotics, said that robot sports is a great way to test out algorithms and speed up the development of robot tech. And this is just the beginning. From Aug. 15-17, Beijing will hold the World Humanoid Robot Games, where robots will play soccer and 10 other sports, including gymnastics and track and field.