XDC Ventures Acquires Contour Network to Reboot Trade‑Finance Platform and Integrate Stablecoins

Deal Summary

XDC Ventures, the venture arm of the XDC Network, acquired Contour Network to relaunch its blockchain trade‑finance platform, inject fresh capital, and integrate stablecoins for end‑to‑end digital trade settlements. Contour, previously backed by major banks and shuttered in 2023, will be restructured and tested with regulators across the U.S., EU and Asia.