XION and BGA Launch Global Impact Accelerator

The accelerator’s mission is to identify, fund and incubate early-stage projects that leverage blockchain for measurable social good, using XION’s verification infrastructure to ensure transparency and accountability.

“The Blockchain for Good initiative was launched to do social good through blockchain technology, and we look forward to advancing this mission further with the launch of the Global Impact Accelerator,” said Helen Liu, Co-CEO of Bybit, which supports the BGA initiative.

Blockchain for social impact

The Global Impact Accelerator marks progress in the BGA-XION partnership. XION said it shows wider engagement with governments, NGOs and institutions to promote verifiable and trustworthy digital ecosystems. The partnership seeks to help mission-driven entrepreneurs scale their solutions responsibly and sustainably.

“The launch of the Global Impact Accelerator brings us one step closer to realizing the potential of blockchain for measurable social progress,” said Freya Chen, Executive Director of the BGA. “By combining XION’s unique verification infrastructure with BGA’s mission network, we empower innovators who can test and scale their impact.”

Rigorous Selection and Mentorship Process

According to XION, all participating projects will undergo a strict selection process to ensure clear alignment with SDG targets, potential for tangible impact, and long-term commercial viability.

The GIA will also collaborate with HackQuest to assess each team’s technical capacity, scalability and ability to execute their mission. Successful applicants will receive funding, technical support, mentoring, and introductions to strategic venture capital partners.

Public infrastructure based on construction evidence

Anthony Anzalone, founder of XION, said this latest initiative is designed to help build an evidence-based public infrastructure that governments, NGOs and citizens can trust.

“Trust is paramount in government programs. For XION, verification is fundamental to digital infrastructure in a world where trust is the scarcest resource,” said Anzalone.

“BGA and XION will offer a model for verifiable and inclusive public systems that work for everyone – without technical gatekeepers,” adds Anzalone.

Fireblocks joins XION in its $10T platform

In October, Fireblocks, the $8 billion crypto infrastructure provider, announced that it has integrated XION, a next-generation Layer-1 blockchain built for mainstream adoption.

XION says the partnership is a step toward bringing blockchain to the masses — removing the complexity of wallets, seed sentences, and unpredictable gas fees that have long deterred institutional and consumer use.

With Fireblocks’ platform securing over $10 trillion in digital asset transactions, the integration enables banks, businesses and brands to explore blockchain-based programs across payments, loyalty, gaming and tokenization.

Market Performance and Token Momentum

While XION has made strides in building institutional partnerships and real-world use cases, its token has yet to gain strong market momentum. Currently trading at around $0.49, XION’s market capitalization sits close to $21 million, with a fully diluted valuation (FDV) of around $100 million, according to CoinMarketCap.

The token’s price has seen a sharp decline from its early highs near launch, reflecting a broader trend where infrastructure-focused blockchain projects often lag in retail popularity compared to meme coins or high-performance DeFi tokens. However, trading volumes have recently shown signs of renewed activity – more than 40% in the last 24 hours – suggesting that investor interest could return as the real impact of the project and partners, such as the Global Impact Accelerator, gain visibility.