MindWave Launches Fully Insured Blockchain Network, MindChain

MindWave Innovations Inc., a subsidiary of Apimeds Pharmaceuticals US, Inc. (NYSE American: APUS), announced the launch of MindChain, the world's first fully insured blockchain.

The new network will offer instant transactions, Ethereum-grade security, and a custom chain for every industry. MindChain is designed to give businesses their own dedicated blockchain with predictable fees and no competition for blockspace.

The NILA token will be available on Webot, a licensed US exchange, starting August 3, allowing users in the U.S. market to buy and trade the token before its migration to native NILA on MindChain.

Dr. Vin Menon, CEO of MindWave Innovations Inc., stated that MindChain is 'the moment our ecosystem stops renting infrastructure and starts owning it.' The network will host fully insured, industry-specific subnets built for AdTech, ClimateTech, Insurance, and Real-World Assets, with the RWA subnets designed specifically for real estate and commodities.

MindWave Innovations Inc. expects to launch MindChain in October 2026, with a testnet live from August to September and a third-party security audit underway.