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Ault Capital builds sovereign settlement layer to bypass banking barriers

After facing abrupt account closures that threatened his business operations, founder Todd Ault is launching a Cosmos-based Layer-1 blockchain. The network aims to provide institutional-grade settlement infrastructure, effectively insulating compliant companies from the volatility of traditional banking relationships that have increasingly restricted access to digital asset firms.

Ault Capital builds sovereign settlement layer to bypass banking barriers

The project, developed by Ault Capital Group, integrates Ethereum Virtual Machine compatibility with the Cosmos architecture. This design allows developers to migrate existing smart contracts while supporting the tokenization of real-world assets. Unlike conventional blockchain launches, the network bypasses public token sales entirely. Instead, assets will be distributed based on mining-node participation and measurable network activity, tying economic rewards directly to ecosystem contribution.

Governance operates through a Wyoming DAO LLC structure, requiring strict identity verification for all participants. By mandating these compliance checks, Ault Blockchain seeks to establish a regulated environment for institutional trading. The network structure limits voting concentration to prevent dominance by a small cohort of users, placing oversight of protocol upgrades and economic policy into the hands of verified members. The project draws on the operational experience of its parent company, Hyperscale Data, which maintains significant infrastructure across Bitcoin mining and artificial intelligence hardware.

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