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Pixelette Partners with Block Guard, Takes Up 5% Stake

Michael Abadha Blockchain market writer
    Summary:
  • Pixelette will help BlockGuard expand its capabilities in its mission of enhancing efficiency, accessibility, and transparency of Web3 risk management.

Web3 technology company BlockGuard, has signed a partnership deal with Pixelette Technologies, a London-based blockchain and IT company.  As part of the deal, Pixellete Technologies has acquired a 5% stake in BlockGuard, whose services include blockchain-powered financial planning tools, decentralised, professionally-managed funds, and a fully redeemable token backed by gold.

As a result of this merger, BlockGuard, and Pixellete Technologies will improve their blockchain solutions. With an emphasis on enhanced security and user experience, Pixelette will build the underlying blockchain and the tokenized gold system that BlockGuard has been having in the pipeline.

Additionally, BlockGuard is improving the efficiency, accessibility, and transparency of Web3 risk management processes for the benefit of investors all over the world. BlockGuard is on a mission to improve the efficiency, transparency, and accessibility of risk management solutions for investors all around the world. Several wealth management services are available on the platform, which takes a long-term view of optimising asset growth and prioritises stability above overestimated annual percentage yields (APYs).

Asif Ashiq Rana, founder and CEO of Pixelette, has also become an advisor on BlockGuard as part of the agreement. The project will not only gain from Asif Ashiq Rana’s substantial equity investment, but also his knowledge and experience as a member of the All-Party Parliamentary Groups (APPGs) that advise the British government on blockchain and AI.

Rana is not only the CEO of Pixelette, but also the managing director of the prestigious think tank Big Innovation Centre (BIC), where he oversees the commercialization of innovative technologies like digital banking, blockchain, artificial intelligence, and the metaverse.