Ault Capital Group has officially launched the public testnet for Ault Blockchain, a Layer 1 network tailored for institutional onchain trading and settlement. This launch represents a significant step in providing a robust infrastructure for financial transactions, emphasizing the project”s commitment to serving the needs of institutional clients.
Based on the Cosmos framework, Ault Blockchain is designed to be fully compatible with the Ethereum Virtual Machine, allowing developers to utilize Ethereum-native smart contracts seamlessly. This compatibility is a crucial feature that positions Ault Blockchain as a versatile option for developers familiar with the Ethereum ecosystem.
The governance structure of Ault Blockchain is managed by Ault DAO, which oversees the protocol”s rules, economic parameters, and ongoing upgrades through onchain governance mechanisms. The public testnet is intended to facilitate a live testing environment where developers and early participants can evaluate the network”s core functionalities and validator performance.
In a notable departure from typical blockchain launch strategies, Ault Blockchain will not hold a public token sale. Instead, the native AULT token will be distributed based on a protocol-controlled emissions schedule. This schedule is tied to measurable participation metrics, such as consensus security and licensed infrastructure operations, rather than speculative trading activities.
Milton “Todd” Ault III, founder and executive chairman of Ault Capital Group, stated, “Ault Blockchain was built the opposite way most networks are built. We started with real financial use cases and then designed the blockchain to support them. Participation is based on defined roles and verifiable work, not speculation, with transparent economics that are meant to support long-term network health from day one.”
Ault Blockchain”s launch is backed by several established partners in infrastructure and development. B-Harvest serves as the primary development partner, focusing on protocol engineering and network architecture. Other partners include Xangle, responsible for the development of official explorers, and QuickNode, which provides reliable RPC infrastructure for network access.
The blockchain introduces a licensed participation framework, where licensed mining nodes are authorized to perform specific off-chain services, starting with cryptographic randomness. Additionally, Proof-of-Stake validators and delegators will ensure network consensus and earn transaction fees governed by the DAO”s transparent economic model.
Following the testnet launch, the Ault Blockchain team will concentrate on expanding its roadmap, which includes exploring functionalities such as spot trading on decentralized exchanges, lending services, and perpetual trading. These advancements are anticipated as the network continues to develop.
The launch of Ault Blockchain”s testnet comes after completing an initial protocol security audit and will precede the onboarding of further validators and ecosystem testing. The mainnet is expected to launch once additional testing milestones have been achieved, establishing a new paradigm for institutional finance.
For more information about Ault Blockchain, interested parties can visit the official website or consult project documentation to explore the testnet scanner.
Ault Blockchain is positioned as a finance-first Layer 1 solution, optimized for trading, settlement, and data-driven workloads. With its full Ethereum compatibility and onchain governance through Ault DAO, the network aims to align its economic model with verifiable participation rather than speculative token distribution.
Ault Capital Group is a diversified investment and holding company that focuses on technology-driven enterprises, digital assets, and financial infrastructure. Through strategic investments and operational initiatives, Ault Capital supports innovations across blockchain and emerging technologies.
