Stellar Expands Asia Push With TopNod Wallet Integration

The Stellar Development Foundation announced at Consensus Hong Kong that TopNod, a non-custodial wallet, will integrate with the Stellar network. TopNod uses key sharding and Trusted Execution Environment technology to remove the need for seed phrases and is focused on tokenized real-world assets and stablecoins, though it remains a relatively young project with limited brand recognition outside Web3 circles.

Stellar is intensifying efforts across Asia while facing competition from Solana, TON and XRP in payments and tokenization. CBO Raja Chakravorti called Asia Pacific "a critical growth driver," saying the foundation plans anchor networks in Indonesia, the Philippines and Vietnam, has staffed the region with employees focused on Singapore, and will announce more APAC financial institution partnerships over the next two quarters.

SDF has also partnered with MarketNode and is in discussions about tokenizing money market funds.

stellar, topnod, non-custodial, key sharding, trusted execution, seed phrases, stablecoins, tokenization, asia pacific, solana