February 12, 2026 ChainGPT

Ault Blockchain Launches Public Testnet — Cosmos-based EVM Layer-1 Built for Institutional Trading

Ault Blockchain Launches Public Testnet — Cosmos-based EVM Layer-1 Built for Institutional Trading
Disclosure: This article does not represent investment advice. The content is for educational purposes only. Ault Capital Group has opened its Ault Blockchain public testnet, a Cosmos-based Layer 1 built for institutional-grade onchain trading, settlement, and financial workloads. The release marks the protocol’s first public environment and invites developers, infrastructure operators, and early participants to test and help secure the network. What Ault Blockchain offers - Cosmos SDK foundation with full Ethereum Virtual Machine (EVM) compatibility, allowing Ethereum-native smart contracts and tooling to run without modification. - Governance via Ault DAO (organized as a Wyoming DAO LLC), which will manage protocol rules, economic parameters, validator participation, and upgrades through onchain voting. - A finance-first design: the network was engineered around real financial use cases rather than retrofitting finance to a general-purpose chain. Token model and participation Ault Blockchain will not hold a public token sale. Instead, its native AULT token will be distributed through a protocol-controlled emissions schedule tied to measurable network participation — for example, consensus security and licensed infrastructure operations — rather than speculative activity. Licensed roles and verifiable work are central to the network’s economics and participation model. “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,” said Milton “Todd” Ault III, founder and executive chairman of Ault Capital Group. “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.” Infrastructure, partners and licensed participation Ault Capital said a roster of infrastructure and development partners support the launch. B-Harvest is the primary development partner, contributing to protocol engineering and core architecture. Xangle is developing official explorers and hubs, QuickNode supplies RPC infrastructure, and Protofire supports Safe-related tooling across EVM environments. The network introduces a licensed participation framework for infrastructure operators. Licensed Mining Nodes are authorized to perform defined off-chain services — starting with cryptographic randomness at launch — while Proof-of-Stake validators and delegators secure network consensus and collect transaction fees under transparent, DAO-governed economics. Roadmap and security The public testnet provides a live environment for evaluating core functionality, validator performance, and infrastructure design. Ault Capital is seeking community feedback and contributions as it scales the network. Planned roadmap items include spot trading on decentralized exchanges, lending services, perpetuals trading and other advanced financial workloads as the protocol matures. Ault Blockchain has completed an initial protocol security audit. The team plans to onboard additional validators and hit further testing milestones before mainnet deployment. The early mainnet will include core protocol modules, EVM compatibility, an initial validator set, and onchain governance tools. About Ault Capital and Ault DAO Ault Blockchain is positioned as an institutional-grade Layer 1 optimized for trading, settlement and data-driven workloads. Built on the Cosmos SDK with native cross-chain interoperability and fast finality, it aims to run real-world financial and analytics applications from day one. Ault DAO — the decentralized governance body — will steward onchain decision-making and long-term protocol direction. Ault Capital Group is a diversified investment and holding company focused on technology-driven businesses, digital assets and financial infrastructure. The firm supports platforms across blockchain, data infrastructure and emerging technologies, emphasizing disciplined capital allocation and long-term value creation. More information, documentation and network details are available on Ault Blockchain’s official website and project docs. Disclosure: This content is provided by a third party. Neither crypto.news nor the article’s author endorses any product mentioned. Users should conduct their own research before taking any action related to the company. Read more AI-generated news on: undefined/news