Ault Capital Group unveils Ault Blockchain public testnet

Ault Capital launches Ault Blockchain public testnet, a Cosmos-based Layer 1 for institutional onchain trading and settlement.

Ault Capital Group has opened public access to its blockchain network testnet, marking a significant step toward establishing institutional infrastructure in the digital asset space.

The Ault Blockchain testnet, which went live today, represents the protocol’s first public release and is designed specifically for trading, settlement, and enterprise-grade onchain operations. The Layer 1 network now welcomes developers, infrastructure operators, and early participants to test and build on the platform.

Ault Blockchain is built as a Cosmos-based Layer 1 with full Ethereum Virtual Machine compatibility, enabling Ethereum-native smart contracts and tooling to run without modification. The network is governed by Ault DAO, which oversees protocol rules, economic parameters, and long-term upgrades through onchain governance.

The public testnet provides a live environment for evaluating core network functionality, validator performance, and infrastructure design, with Ault Capital seeking community engagement and feedback from contributors who can add value to the network’s development and stability.

Ault Blockchain will not conduct a public token sale, but the native AULT token will be distributed exclusively through a protocol-controlled emissions schedule tied to measurable network participation, including consensus security and licensed infrastructure operations rather than speculative activity.

“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.”

Licensed participation and validator framework

The network launch is supported by a number of well-known infrastructure and development partners, such as B-Harvest, which serves as Ault Blockchain’s primary development partner, contributing to protocol engineering and core network architecture. Another partner, Xangle, focuses on the development of Ault’s official explorers and relevant hubs while QuickNode provides RPC infrastructure to support network access and reliability. Protofire supports Safe-related tooling across EVM environments. 

Ault Blockchain introduces a licensed participation framework for infrastructure operators. Licensed Mining Nodes are authorized to perform defined off-chain services, beginning with cryptographic randomness at launch. In parallel, Proof-of-Stake validators and delegators secure network consensus and earn transaction fees under transparent, DAO-governed economics. Following the testnet launch, the development team plans to expand the network’s capabilities with a roadmap that includes spot trading on decentralized exchanges, lending services, perpetuals trading, and other advanced financial workloads as the protocol matures.

The testnet launch follows completion of an initial protocol security audit, with mainnet deployment planned after additional validator onboarding and testing milestones are achieved. At the beginning, the mainnet will feature core protocol modules, EVM compatibility, an initial validator set, and onchain governance infrastructure. Additional information about the project is available on Ault Blockchain’s official website and project documentation.

About Ault Blockchain, Ault DAO and Ault Capital Group

Ault Blockchain is a finance-first, institutional-grade Layer-1 blockchain designed to support trading, settlement, and data-driven workloads. Built on the Cosmos SDK with full Ethereum Virtual Machine compatibility, the network enables unmodified Ethereum smart contracts while providing fast finality and native cross-chain interoperability. It is governed onchain by Ault DAO and supported by a licensed infrastructure framework in order to align network economics with verifiable participation rather than speculative token distribution.

Ault DAO is the decentralized governance body responsible for overseeing the Ault Blockchain protocol. The DAO was created by and is overseen by Ault DAO, LLC, a Wyoming DAO LLC.  Through onchain governance, the DAO manages protocol parameters, validator participation, and network upgrades, ensuring transparent and community-driven decision-making aligned with the network’s long-term objectives.

Ault Capital Group is a diversified investment and holding company focused on technology-driven businesses, digital assets, and financial infrastructure. Through its operating companies and strategic investments, Ault Capital Group supports platforms across blockchain, data infrastructure, and emerging technologies. The firm emphasizes disciplined capital allocation and long-term value creation.