Nivex launches Web3 Wallet, collaborating with PopChain to build an ecological closed loop.

1. Enterprises building their own L1 has become a trend, embracing valuation premiums.

The blockchain industry in 2025 is welcoming a new trend: enterprises building their own L1 blockchains. Payment giant Stripe has partnered with crypto venture firm Paradigm to launch Tempo, and Circle also announced similar plans in its financial report, with an increasing number of Fortune 500 companies beginning to explore their own L1.

This trend is not accidental. Firstly, after more than a decade of development, L1 has become the mainstream cognitive asset of blockchain. Whether it is Bitcoin, Ethereum, or Solana, they have all entered the cognitive system of traditional finance executives. Compared to the still-exploring L2 or complex cross-chain solutions, the maturity and controllability of L1 make enterprises more willing to place bets.

Secondly, having a self-developed L1 can reduce the risk of platform dependence. Just as companies adopt multi-cloud architectures to avoid over-reliance on AWS or Microsoft Azure, self-developed L1 allows enterprises to have autonomous and controllable infrastructure in core businesses such as payment, clearing, and settlement.

More importantly, capital markets consistently assign a higher valuation premium to platform-based infrastructures. Just as technology platforms like AWS, App Store, and Azure are valued far beyond single products, L1 inherently possesses ecological premium; it is not just a chain, but an operating system that coordinates developers, users, and asset flows.

2. The Two-Tier Differentiation of Public Chains

At the same time, the term "Appchain" has also become a frequently used term. Many DeFi products have launched their own public chains. Theoretically, an Appchain allows projects to simultaneously control product logic and the underlying settlement layer, enhancing fee capture capability. However, the reality shows a clear polarization:

A few successful cases like Hyperliquid have formed a differentiated advantage in user experience and fee generation through a complete technology stack and extreme performance.

Most projects, however, find themselves in difficulty; they are neither high-performance L1s lacking ecosystem network effects nor mature dApps lacking a clear user market and real demand. The result is often that the narrative of capital outweighs actual value, making it hard to go far.

This indicates that blindly issuing a self-owned public chain is not a shortcut to success. What truly determines whether a project can develop sustainably in the long term is still a clear product positioning, genuine user demand, and a sustainable economic model.

3. Nivex's Choice: Building an Open Ecosystem with Wallet as the Entry Point

Against the backdrop of the intertwining of infrastructure premiums and the Appchain dilemma, Nivex did not blindly chase the trend of building its own L1, but chose a more pragmatic path: launching its own Web3 wallet, using it as an entry point for ecosystem openness, and engaging in deep cooperation with more potential public chain ecosystems.

This upcoming wallet has multiple functional highlights:

Non-custodial security: Users hold their asset private keys, making funds safer.

Multi-chain Management: Supports multiple mainstream chains and multi-asset combinations.

DApp Direct Connection & Cross-Chain Interoperability: Seamless access to DeFi, NFT, RWA and other applications.

Identity binding: Providing compliance and support for future account systems.

In Nivex's strategic design, the wallet is not only the user's gateway but also the link between the exchange (liquidity center), the cooperative public chain (settlement layer), and the users. Through this gateway, users can achieve a complete experience of asset management, payment, trading, and earning within one ecosystem.

4. Nivex × PopChain: Co-constructing an Application Ecosystem Loop

After the launch of the Nivex Web3 wallet, it will be deeply integrated with the PopChain mainnet. PopChain is a next-generation public chain aimed at the connector economy (ConnectFi), designed to reconstruct the underlying logic of social networks, making identity the entry point, content the asset, behavior the consensus, and connections themselves transform into value.

PopChain provides a high-performance underlying public chain, while Nivex bridges liquidity and application entry through a combination of wallets and exchanges.

The cooperation goals of both parties are clear:

Building an application ecosystem closed loop: from wallet entry to PopChain (settlement layer) and then to Nivex (liquidity and strategy), forming a closed-loop ecological architecture.

Providing a platform for developers and enterprises: lower costs, higher efficiency, and a more friendly compliance framework to attract more applications such as DApps, RWAs, and payments.

Promote integrated innovation: Combine the mature business logic of Web2 with the openness and programmability of Web3 to build a new generation of usable, trustworthy, and revenue-generating financial applications.

5. Openness and Collaboration, Nivex's New Positioning

The trend of enterprises building their own L1 tells us that platformization is the ultimate destination for long-term value. The differentiation of Appchains reminds us that what can truly transcend cycles is still a clear product and ecological implementation.

In this context, Nivex has launched a Web3 wallet and chosen to co-build with PopChain, which is not only an update at the product level but also an evolution at the strategic level. It signifies that Nivex is transitioning from a single exchange to a hybrid asset operating system, constructing the next generation of application ecosystem closed loop with the architecture of "wallet + public chain + exchange."

In the future, Nivex will not only serve users but also become an important bridge for developers, institutions, and enterprises to enter the Web3 world.