XDC Ventures, the investment arm of the XDC Network, has acquired Contour Network, a global digital trade finance consortium supported by major banks such as HSBC and Standard Chartered.
The deal will revive Contour’s digital Letter of Credit (LC) platform and connect it with XDC’s hybrid Layer-1 blockchain, creating a bridge between traditional trade finance systems and blockchain-based settlement.
“This marks XDC’s evolution into the strongest institutional gateway for tokenized trade finance and cross-border settlement,” said Atul Khekade, XDC Network co-founder.
As part of the acquisition, XDC Ventures will launch a “Stable-Coin Lab” to finance Contour’s expansion, pilot regulated stablecoin issuance, and integrate Circle’s USDC on XDC for faster, low-cost cross-border payments.
Initial priorities include setting up the lab, opening APIs for banks, and integrating Corda workflows to ensure compatibility with existing financial systems.
The move positions XDC as a key player in real-world asset settlement and the tokenization of global trade finance, a market estimated in the trillions of dollars.
