PROVIDENCIALES, Turks and Caicos Islands, July 7, 2026 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, today announced its official partnership with UAE Team Emirates – XRG, one of the world's premier professional cycling teams. This landmark collaboration will make its grand public debut at the 2026 Tour de France, with KuCoin's branding prominently featured across all team buses, support vehicles, and fleet cars throughout the prestigious three-week race.
Under this exclusive agreement, KuCoin will serve as the team's sole partner in the categories of Cryptocurrency Exchanges, Blockchain Trading Platforms, and Crypto Wallet Services. The partnership unites two high-performing organizations driven by a shared commitment to innovation, precision, and long-term excellence.
The Tour de France represents the pinnacle of cycling, where victories are forged through collective synergy—riders, coaches, mechanics, and support staff working in perfect harmony. Similarly, these principles of discipline, trust, and strategic coordination underpin KuCoin's mission to build a robust and trusted global digital asset infrastructure.
"We are incredibly proud to partner with UAE Team Emirates – XRG and launch this collaboration on cycling's grandest stage," said BC Wong, CEO of KuCoin. "World-class achievements are never solitary; they require a dedicated team moving in unison toward a shared vision. These are the very values that have fueled KuCoin's growth, and we look forward to empowering the team as they chase victory at the Tour de France."
UAE Team Emirates – XRG, home to cycling superstars including multi-time Tour de France champion Tadej Pogačar, has solidified its status as a dominant force in world cycling through relentless preparation and consistent execution.
This partnership marks a significant expansion of KuCoin's global sports sponsorship portfolio, reinforcing its brand presence on a massive international scale. Further collaborative initiatives featuring UAE Team Emirates – XRG and Tadej Pogačar will be unveiled later this season.
About KuCoin
Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. Known for its user-first approach, the platform combines advanced technology, deep liquidity, and strong security safeguards to deliver a seamless trading experience. KuCoin provides access to 1,500+ digital assets through a broad product suite and remains committed to building transparent, compliant, and user-centric digital asset infrastructure for the future of finance, backed by SOC 2 Type II, ISO/IEC 27001:2022, and ISO/IEC 27701:2019 Certifications. In recent years, we have built a strong global compliance foundation, marked by key milestones including AUSTRAC registration in Australia, a MiCA license in Europe, and regulatory progress in other markets.
About UAE Team Emirates – XRG
UAE Team Emirates – XRG is one of the world's leading UCI WorldTour cycling teams, competing at the highest level of international professional cycling. The team has won multiple Grand Tours and Monument Classics and is home to some of the sport's most accomplished riders, including Tour de France champion Tadej Pogačar.
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KuCoin Becomes Official Partner of UAE Team Emirates - XRG, Debuts at the Tour de France
Revolutionizing billing infrastructure for automated VAT refund processing and tax reclaims, with over 200,000 bills already scanned and recorded on Hedera within two weeks of go-live.
SCHWYZ, Switzerland and HYDERABAD, India, July 7, 2026 /PRNewswire/ -- The Hashgraph Group (THG), the Swiss-based leading Web3 and AI technology engineering company, and String Metaverse, India's first publicly listed Web3 infrastructure company, announced the launch of "BillsOnChain" – a groundbreaking Web3 platform that transforms everyday spending into tokenized digital assets by bridging the gap between physical receipts and the power of blockchain on July 7. Developed in strategic partnership between String Metaverse and The Hashgraph Group, the platform has already onboarded over 31,000 users with integrated wallets on Hedera and has scanned more than 830,000 bills on-chain and more than 430,000 NFTs minted using Hedera's distributed ledger technology (DLT) network.
BillsOnChain transforms everyday spending into the creation of real digital assets by securely uploading receipts, earning instant rewards, and building a transparent, verifiable transaction history, turning routine purchases into valuable on-chain activity and digital assets. This next-generation platform is set to redefine how bills are stored, transferred, financed, and tracked, bringing unprecedented transparency, efficiency, and liquidity into the financial ecosystem.
Transforming the Future of Billing Infrastructure
The BillsOnChain platform introduces a decentralized, tamper-proof framework, that digitizes and tokenizes billing across industries. By leveraging Hedera's enterprise-grade distributed ledger technology, the platform enables:
- Immutable storage of invoices and bills on-chain
- Real-time tracking and auditability
- Reduced fraud and enhanced compliance
- Seamless transferability of financial obligations across parties
- Monetization opportunities through bill financing and tokenization
The platform is designed to serve a wide range of stakeholders, including governments, financial institutions, enterprises, and SMEs, unlocking new efficiencies in both public and private sector financial operations.
Strategic Collaboration
The development of the BillsOnChain platform has been designed and developed in strategic collaboration between String Metaverse and THG, following the signing ceremony earlier this year on January 20th, 2026 at the World Economic Forum (WEF) in Davos, reinforcing a shared commitment to advancing the digitisation and intelligent processing of invoices, receipts, and bills, leveraging distributed ledger technology as immutable audit and data integrity layer for privacy and artificial intelligence and machine learning models for data validation, duplication detection, and spend analytics.
Stefan Deiss, Co-Founder and CEO of The Hashgraph Group stated, "Our vision is to enable automated VAT refund processing, tax reclaim automation, and real-time data analytics of receipts for merchants, financial institutions, and governmental authorities. BillsOnChain is a strong example of how organizations can utilize Hedera for invoice tokenization and we look forward to working with String to improve global billing infrastructure invoice financing."
According to Business Research Insights, the blockchain B2B payments and invoice market is experiencing rapid growth, projected to expand from $22.2 billion in 2025 to nearly $1,856 billion by 2034, registering a CAGR of 63.5%. Driven by the need for secure, real-time, and cost-effective solutions, this expansion is fuelled by blockchain-based invoice financing, which provides instant liquidity and reduces fraud.
Ganesh Meenavalli, Managing Director of String Metaverse, noted, "The launch of BillsOnChain marks a pivotal moment in the evolution of financial infrastructure. At String Metaverse, we are building the rails for the future of the Internet's transaction economy. By bringing billing systems on-chain, unlocking liquidity, transparency, and programmability at a scale never seen before. Our partnership with The Hashgraph Group allows us to accelerate this vision and deliver real-world impact across industries and governments."
Deepak Lalan, Chief Operating Officer of The Hashgraph Group, added, "We are proud to support String Metaverse in bringing this transformative platform to life. BillsOnChain is a powerful example of how distributed ledger technology can solve real-world challenges in financial systems. With Hedera's robust infrastructure, this platform has the potential to drive significant efficiency, trust, and innovation across global markets."
A New Era for Governments and Enterprises
Built and operated on Hedera network, which is known for its high throughput, low latency, and enterprise-grade security, the BillsOnChain platform ensures reliability and scalability for global adoption and is expected to unlock significant value across multiple use cases:
Government Use Cases
- Transparent public finance and procurement tracking
- Digitization of tax invoices such as VAT and compliance systems
- Reduction in leakages and fraud
Enterprise Use Cases
- Automated accounts receivable and payable systems
- Tokenized invoice financing and liquidity access
- Cross-border billing efficiency and settlement
About String Metaverse
String Metaverse is a publicly listed Web3 infrastructure company building the financial operating system for the digital economy. With a rapidly expanding global footprint, the company focuses on tokenization, decentralized finance (DeFi), high-frequency trading, and next-generation digital asset infrastructure. https://billsonchain.io/
About The Hashgraph Group
The Hashgraph Group AG (THG) is a leading Web3 and AI technology engineering company operating within the Hedera ecosystem and specialized in design, development, and deployment of enterprise-grade solutions and decentralized trust infrastructure. For more information about THG, visit www.hashgraph-group.com.
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The Hashgraph Group and String Metaverse launch "Bills-On-Chain" Platform on Hedera
